Who We Are Fourthstone LLC (referred to as “we,” “our,” “us,” or “Fourthstone”), has been registered as an investment adviser since January 2014. Our officers are L. Phillip Stone, IV, Managing Member and majority owner, Amy Stone, CEO, and Robin Anderson, Chief Financial Officer and Chief Compliance Officer. For more information regarding the principal owners of Fourthstone, please review Schedule A of Part 1A of our Form ADV. Services We Offer We provide investment advisory, management and other services to privately offered investment vehicles: Fourthstone Master Opportunity Fund Ltd, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund (collectively referred to as the “Funds” or “Clients”). Limited partners in the Funds are referred to as “you” or “Investors”. We do not participate in wrap fee programs. Long/Short Financial Sector Strategy Fourthstone's long/short financial sector strategy is based on identifying, through extensive research, over and undervalued securities. The strategy is focused on US banks and thrifts and is designed to deliver absolute returns in both up and down markets. It also has the ability to invest in other sectors and outside of the US. The strategy utilizes a combination of buy and hold and short-term trading designed for maximum flexibility in order to perform in both up and down markets. It typically focuses on smaller capitalization companies but has the ability to invest in all market caps. The strategy will primarily invest in publicly-traded securities. Fourthstone will not invest in any private securities that are not registered under the 1933 Act (“Private Securities”). However, Fourthstone may invest in Private Securities of any issuer that it reasonably believes will be registered under the 1933 Act within a reasonable time following the acquisition of such securities (such securities, “Permitted Private

Securities”). Fourthstone is responsible for investing the assets of each Fund in accordance with the investment objectives, policies, and guidelines set forth in the relevant investment management agreements and offering and governing documents. Investors in the Funds generally are not permitted to impose restrictions or limitations on the management of the Funds. Small-Cap Long Financial Sector Strategy Fourthstone's Small-Cap long financial sector strategy is based on identifying, through extensive research, undervalued securities. The strategy is focused on US banks and thrifts and is designed to deliver absolute returns over a full credit cycle. The strategy typically employs a buy and hold strategy focused on micro and small capitalization companies though we retain the ability to invest in all market caps. The strategy will primarily invest in publicly traded securities. However, the Fund may invest in securities other than common equity, including debt and preferred equity. Fourthstone will not invest in any private securities that are not registered under the 1933 Act (“Private Securities”). However, Fourthstone may invest in Private Securities of any issuer that it reasonably believes will be registered under the 1933 Act within a reasonable time following the acquisition of such securities (such securities, “Permitted Private Securities”). Fourthstone is responsible for investing the assets of the Small-Cap Fund in accordance with the investment objectives, policies, and guidelines set forth in the relevant investment management agreements and offering and governing documents. Investors in the Funds generally are not permitted to impose restrictions or limitations on the management of the Funds. Assets Under Management As of December 31, 2023, we managed assets of $768,789,037 on a discretionary basis. We did not manage any assets on a non-discretionary basis.