Carswell Investments, LLC (“Carswell”) is a Securities and Exchange Commission (SEC) registered investment adviser. Carswell is a Limited Liability Company organized in the state of Delaware with its principal place of business located in New York. Carswell began conducting business in 2011 and its owner is Steven R. Pickard. Carswell offers the following advisory services to our clients: Wealth Management Services Carswell provides Wealth Management Services to individuals, high and ultra-high net worth individuals, families and their related entities such as businesses, pension and profit sharing plans, trusts and private foundations, on a discretionary and non-discretionary basis. Carswell’s comprehensive Wealth Management Services include portfolio management, financial planning, family wealth planning, and assistance with estate, tax and philanthropic planning. Client portfolios are managed in accordance with each client’s investment objectives, taking into consideration risk tolerance, time horizon, tax issues, liquidity and cash flow needs, restrictions/constraints, and other relevant guidelines. Carswell’s Wealth Management Services involve the strategic allocation of client assets among different asset classes with varying levels of risk and return. Carswell may make or recommend tactical changes to this strategic allocation based on conditions in the current economic environment, while being sensitive to transaction costs and taxes, as appropriate. Wealth Management Services include development of a custom investment policy statement (“IPS”), performance reporting, financial planning and portfolio review meetings. Institutional Advisory Services Carswell provides Institutional Advisory Services to institutions, endowments and foundations

on a discretionary and non-discretionary basis. Institutional portfolios are managed in accordance with each organization’s investment objectives, taking into consideration risk tolerance, time horizon, liquidity and cash flow needs, restrictions/constraints, and other relevant guidelines. Carswell’s Institutional Advisory Services involve the allocation of client assets among different asset classes with varying levels of risk and return. Carswell may make or recommend tactical changes to this strategic allocation based on conditions in the current economic environment, while being sensitive to transaction costs and taxes, as appropriate. Institutional Advisory Services include development of a custom investment policy statement (“IPS”), performance reporting and portfolio review meetings at a frequency agreed upon with the organization. Qualified Plan Advisory Services Carswell provides services to Trustees of employer sponsored retirement plans regarding the selection of plan service providers and investment options offered by and available to the plan. Carswell also provides investment advice to individual plan participants regarding investment options offered by the plan. Carswell and its representatives do not exercise any discretionary authority with respect to transactions on behalf of individual plan participants. Plan Trustees may impose special instructions, restrictions/constraints, and other relevant guidelines as outlined in their advisory services agreement for Carswell to follow in providing services to the Trustees and/or individual plan participants. Amount of Managed Assets As of March 25, 2024, Carswell had $287,833,894 of assets under management. This includes $260,386,551 managed on a discretionary basis and $27,447,343 managed on a non-discretionary basis.