5 of your assets may become somewhat inconsistent with your desired allocation objective. If we think it is appropriate, we will rebalance your portfolio to align with your allocation objectives. Rebalancing your portfolio can lead to additional trading costs. Institutional Intelligent Portfolio™ Services We also offer to our separate account clients portfolio management services through Institutional Intelligent Portfolios™, an automated, online investment management platform available for use by independent registered investment advisors, and which is sponsored by Schwab Wealth Investment Advisory, Inc. (the “Program” and “SWIA,” respectively). Through the Program, we offer separate account clients a range of investment strategies we have constructed and manage, each consisting of a portfolio of exchange traded funds (“ETFs”) and a cash allocation. Separate account clients may instruct us to exclude up to three ETFs from their portfolio. Separate account client portfolios are held in a brokerage account opened by the separate account client at SWIA’s affiliate, Charles Schwab & Co., Inc. (“CS&Co”). We are independent of and not owned by, affiliated with, sponsored or supervised by SWIA, CS&Co or their affiliates (together, “Schwab”). The Program is described in the Institutional Intelligent Portfolios™ Disclosure Brochure (the “Program Disclosure Brochure”), which is separately delivered to our separate account clients by SWIA during the online enrollment process. We, and not Schwab, are our separate account client’s investment advisor and primary point of contact with respect to the Program. We are solely responsible for determining the appropriateness of the Program for the separate account client, choosing a suitable investment strategy and portfolio for the separate account client’s investment needs and goals, and managing that portfolio on an ongoing basis. SWIA’s role is limited to delivering the Program Disclosure Brochure to separate account clients and administering the Program so that it operates as described in the Program Disclosure Brochure. We have contracted with SWIA to provide us with the technology platform and related trading and account management services needed to utilize the Program. This platform enables us to make the Program available to our separate account clients online and includes a system that automates certain key parts of our investment process (the “System”). The System includes an online questionnaire that helps us determine client investment objectives and risk tolerance so we can select an appropriate investment strategy and portfolio. Clients should note that we will recommend a portfolio via the System in response to the client’s answers to the online questionnaire. Clients may then indicate an interest in a portfolio that is one level less or more conservative or aggressive than the recommended portfolio. However, we make the final decision and select a portfolio based on all the information we have been provided by the client. The System also includes an automated investment engine that we use to manage the client’s portfolio on an ongoing basis through automatic rebalancing and tax-loss harvesting, if applicable. Assignment of Investment Management Agreements Agreements may not be assigned without client consent. Non-Managed Investments In some situations, we may allow clients to transfer securities of their choosing into accounts that we oversee. When clients do so and instruct us not to sell these investments, we do not provide

any ongoing advice or oversight of these investments. We allow clients to hold these Non-Managed Investments purely as a convenience. These Non-Managed Investments are identified in writing to the client and the client is advised they, not Deschutes Investment Consulting, LLC are responsible for oversight and selling the investments. We do not charge an advisory fee on Non-Managed Assets. Your account Custodian might charge fees on these assets. Termination of Agreement Our agreement may be terminated by either party upon ninety (90) days prior written notice. DIC bills for fees in advance of each quarter. In the event of a termination that takes effect at any time other than the last day of the quarter, the fee charged by Deschutes for such quarter will be prorated from the first day of the quarter to the effective date of the termination. Assets Under Management As of December 31, 2023, we manage approximately $2,128,031,383. Of this amount, approximately $422,869,046 is on a discretionary basis and $1,705,162,337 on a non- discretionary basis. Amount of Our Fees For our separate account clients, we typically calculate investment advisory fees as a percentage of the assets we manage for the client. Fees are generally negotiable if the value of all your related accounts with us is more than $10 million. We reserve the right to negotiate your fees in other situations. Some clients pay more or less than others depending on certain factors, including the type and size of the account, the range of additional services provided to the client, and the total amount of assets managed for a group of related clients. Your fee is specified in your agreement with us. Our standard fee schedule is stated below (fees are on an annual basis): 1.00% (100 basis points) on the first $1 million of assets 0.75% (75 basis points) on assets between $1 and $5 million 0.50% (50 basis points) on assets between $5 and $10 million Negotiable on assets over $10 million Minimum Fee. We may charge you a minimum fee. If we do charge a minimum fee, the minimum fee is $5,000 per year. Payment of Our Fees For our separate account clients, we deduct investment management fees directly from your account at the beginning of each quarter, unless we both agree otherwise. If your agreement begins during a quarter, we may prorate the fee you pay for the initial partial quarter, based on the number of days from the beginning of your agreement until the end of the initial quarter. We will mail you a copy of your fee invoice upon your request. On your request, we will deduct our entire fee from one or more related accounts rather than proportionally from all your related accounts. If you do not have enough cash in your account to pay our fee, we may sell some of your account assets to pay the fee. Our client agreement may be terminated on 90 days' written notice by either you or us. If you pay fees in advance and if your agreement with us terminates during a quarter, we will refund a pro rata portion of the fee you paid for that quarter, based on the number of days between the end of the 30-day notice period and the end of the quarter. Other than at the beginning and termination of a client relationship, we do not make adjustments to your quarterly fee due to assets you add or withdraw during a quarter. Separate account clients that are provided services under the Institutional Intelligent Portfolios™ do not pay fees to SWIA or brokerage commissions or other fees to Schwab as part