The Hyas Group is a wholly owned subsidiary of Morgan Stanley that provides services to institutional investors including defined contribution and defined benefit retirement plan clients along with endowments and foundations. Founded in 2008, the firm is structured as a Limited Liability Company. The firm has only one line of business, the investment consulting business. The sole office location is in Portland, Oregon. The Hyas Group partners have over 60 years of combined experience serving clients in an institutional investment consulting capacity and the firm has been providing investment consulting services since its founding. The Hyas Group offers a wealth of consulting experience to all major plan structures. Corporate, governmental and non‐profit plan sponsors have all sought the analytical skills and fiduciary support services offered by the firm. The overall organizational structure is summarized as follows: CONSULTING ‐Plan Structure & Analytic Support ‐Policy Compliance ‐Vendor Management ‐Client Support FIDUCIARY/REGULATORY COMPLIANCE ASSISTANCE Advisory Services and Fees Hyas Group, a separate business unit within Morgan Stanley Institutional Investment Advisors LLC (“Hyas” or “Hyas Group”) provides two primary types of services, described below, through its Investment Advisor Representatives. Our clientele includes plan fiduciary directed plans such as defined benefit pension plans and OPEB Trusts, and certain defined contribution plans such as 401(k), 403(b) and governmental 457(b) plans that may have a participant directed investment design feature. Investment Advisory Services Hyas performs a broad array of investment advisory services for its clients. Not all clients choose to receive all potential services. The

potential services include, but are not limited to, review of an existing investment policy statement or assistance in creating an investment policy statement, plan performance reporting, asset allocation modeling, analysis of current investment options and portfolio structure, portfolio rebalancing and investment manager searches. We also offer discretionary portfolio management services. When utilizing this service, as with all clients, we work with them to create and/or review their investment policy statement, review their current asset ADMINISTRATIVE SUPPORT COMPLIANCE ASSISTANCE INVESTMENT DATABASES INVESTMENT RESEARCH FIDUCIARY/REGULATORY SUPPORT CONSULTING ‐Plan Structure & Analytic Support ‐Policy Compliance ‐Vendor Management ‐Client Support ANALYTICS ‐Investment & Plan Evaluation ‐Client Reporting ‐Client Support CLIENT allocation, investment manager allocation and manager performance. The ongoing manager selection and strategic rebalancing within the investment policy ranges are managed in‐house by the Hyas Group. Advice and Consulting not Involving Securities Many of the services that Hyas Group performs for clients are not investment advisory in nature. These services include, but are not limited to, consulting with investment committees, pension plan review and analysis, fiduciary education and training, plan fee and revenue analysis, vendor search projects, and reporting on investments and pension plan results. The specific services that Hyas Group performs for a client are described in a written agreement with each client. As of December 31, 2023, Hyas Group advised approximately $50.1 billion in client assets and Hyas Group had discretion over approximately $645 million in client assets.