VARA is organized as a Delaware limited liability company with a principal place of business in Princeton, New Jersey. VARA was founded in 2022 by Ben Hoskin and David Field who are the Managing Members and owners of VARA and direct all activities and operations of the Firm. Investment Management and Supervisory Services VARA is an investment adviser which provides investment advisory and financial planning services to certain individuals and entities (each a “Client”). Additionally, the Firm provides portfolio management via separately managed accounts (each a “Managed Account” and together with a “Client”, collectively, the “Clients”) to some Clients. A Managed Account is a dedicated separate account owned by a single Client and governed through an investment management agreement (“IMA”) between the account owner and VARA. Our firm focuses on serving clients who prioritize charitable giving, such as charitable foundations and individuals with plans to donate a large portion of their net worth over their lifetime. Financial Planning and Asset Allocation For certain Clients, VARA provides financial planning services based on the needs of the specific Client. We conduct an information gathering process at the beginning of the engagement, including an interview in-person or online interview, to determine the Client's financial situation, constraints, risk tolerance and investment objectives. Using this information, we propose an investment approach to the Client. We recommend a portfolio consisting of investments including, but not limited to, individual stocks and bonds, preferred stocks, warrants, rights, debt securities (including senior, subordinated, secured, unsecured, and defaulted debt securities), convertible debt securities, convertible preferred stock, including options on the foregoing, exchange traded fund (“ETFs”), mutual funds and private investments (as described below). In some cases, we recommend the use of leverage. VARA also evaluates investments into assets that are not publicly traded securities. While we make best efforts to contact the Client on an ongoing basis to ensure a Client’s financial representations and objectives remain up to date, it is the Client’s responsibility to notify us, by email or otherwise, of any material changes. The advice we provide is consistent with our understanding of a Client’s financial objectives and risk tolerance. For some Clients we provide comprehensive financial planning; for others we advise only a portion of their exposure, for example public investments. In some cases, we provide advice on a non-discretionary basis regarding a Client's existing or potential allocation to digital assets.1 This is limited to advice. This advice focuses on helping clients with existing cryptocurrency positions; in these cases, we discuss their exposures, including how it contributes to their overall portfolio risk and how they can donate it in a tax efficient fashion. We will not provide custody for cryptocurrencies. We will not trade cryptocurrencies on behalf of clients. We will not interact with any blockchain systems, centralized or decentralized exchanges, cryptocurrency wallets, or custodial services on behalf of clients. 1 The term “digital asset,” as used herein, refers to an asset that is issued and/or transferred using distributed ledger or blockchain technology (“distributed ledger technology”), including, but not limited to, so-called “virtual currencies,” “coins,” and “tokens.” A particular digital asset

may or may not meet the definition of “security” under the federal securities laws. Given the focus of our Client’s on charitable giving, we focus on how Clients can maximize their ability to make donations to the causes they support. This includes advising and assisting with foundations and donor advised funds. We may take into account the overall funding situation of the causes or organizations they wish to support. In general, our Clients retain ownership of all securities and funds they are invested in. Asset Management VARA provides Clients discretionary asset management services. This management will be customized based on the needs of the Client, and varies substantially Client to Client, pursuant to a negotiated IMA. For some Clients, we provide a Managed Account offering to give Clients concentrated exposure to certain sectors and types of companies. These Managed Accounts attempt to take advantage of our differentiated views on the future returns in the market, especially caused by technological developments and products released by publicly traded companies but also take into account a range of other factors which lead us to expect outperformance of certain assets. Clients will agree to the general strategy and approach, but individual trades are at our discretion unless otherwise consented to by the Managed Account Client. Private Investment Due Diligence For some of our Clients, private investments are an appropriate part of their overall asset allocation. For these Clients, we perform due diligence on potential investments, evaluating their risks, potential returns, and suitability for the Client. These investments include private companies, real estate, venture capital funds, hedge funds, or private equity funds. This also includes taking into account the potential social impact of the portfolio companies or other investments in addition to financial returns, based on the investment objectives of the Client. In some cases, a Client brings a potential investment to our attention and requests due diligence; in other situations, we present a potential investment to the Client. Typically, private investments are non-discretionary, meaning the Client makes the final decision to make a private investment. We monitor such investments on an ongoing basis. Our discretionary investment recommendations and advice with respect to the Clients are subject to the objectives and guidelines, as set forth in the respective IMAs. Our advisory services are tailored to the individual needs of Clients as ascertained in our information gathering process described above. Clients may impose restrictions on investing in certain securities, including prohibitions on purchasing certain securities (such as due to environmental, societal or governance factors (“ESG Factors”) or on liquidating certain existing holdings. Clients can terminate investment advisory services after the first anniversary of the date IMA is executed by providing thirty-day (30) written notice, and such termination will be effective upon receipt of such termination notice. VARA in its sole discretion, may waive or modify the termination terms for any Client. VARA does not participate in wrap fee programs. Assets under Management (Regulatory Assets Under Management) As of December 31, 2023, VARA has $395,868,567 of regulatory assets under management (“RAUM”) of which $395,868,567 are managed on a discretionary basis and $0 are managed on a non-discretionary basis.