Introduction Weatherbie is a privately owned investment advisory firm that was founded in 1995. Weatherbie is wholly-owned by Alger Group Holdings, LLC (“AGH”), which is wholly-owned by Alger Associates, Inc. (“AAI” and together with Weatherbie’s affiliates, “Alger”). Weatherbie is under common ownership with Fred Alger Management, LLC (“FAM”) and Redwood Investments, LLC (“RI”), each a registered investment adviser. Alexandra D. Alger, Hilary M. Alger and Nicole D. Alger together own (directly or through trusts they have created for the benefit of their families) approximately 35%, 35% and 29%, respectively, of AAI. Weatherbie specializes in the research and portfolio management of small- and mid-cap growth equity stock portfolios, principally stocks traded on U.S. exchanges. The portfolios may also hold American Depositary Receipts. To a lesser extent, Weatherbie also provides investment advice with respect to other securities, including options contracts on various securities and securities indices, warrants, private placements, mutual fund shares, swaps, and United States Government and Agency securities. Weatherbie offers multiple investment strategies, including Growth, Specialized Growth, Enduring Growth, Long/Short, and Select 15. Weatherbie also sub-advises a portion of the Dynamic Opportunities Strategy, which is managed by Weatherbie’s affiliate, FAM. Please see FAM’s Form ADV Part 2A for additional information on this strategy. Weatherbie provides both discretionary and non-discretionary investment advisory services to institutional investors through separate accounts, U.S. and foreign registered and privately offered funds, as well as through a third-party sponsored fund and a bank sponsored collective investment trust; and to retail investors through wrap programs and U.S. and foreign registered funds. Clients can and relevant laws, rules, or regulations will impose restrictions on investing in certain securities or certain types of securities, or on the percentage of ownership in any single security, sector or industry. In addition, each of Weatherbie’s strategies follows a specific investment discipline with their own portfolio construction parameters. Accordingly, Weatherbie will not enter into an advisory relationship with any prospective client whose investment objectives are incompatible with Weatherbie’s investment philosophy or strategies or who seeks to impose unduly restrictive guidelines. For client accounts subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”, and such accounts, “Plan Accounts”), Weatherbie provides services both as a registered investment adviser under the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and as a fiduciary as that term is defined in Section 3(21)(A) of ERISA. Wrap Fee Programs Clients can access certain of Weatherbie’s investment strategies through programs sponsored by unaffiliated financial intermediaries, advisers or planners in which Weatherbie serves as an investment sub-adviser (“wrap programs”). The wrap programs for which Weatherbie serves as an investment sub-adviser are listed in Section 5.I.(2) of Weatherbie’s Form ADV Part 1, a copy of which is available either 1) on request or 2) on the SEC’s website at the following link: https://www.adviserinfo.sec.gov/Firm/105991 Weatherbie offers advisory services through the following types of wrap programs: 1. Single Contract Program. In Single Contract Wrap Programs, clients pay the sponsor of the wrap program a single fee (the wrap fee), the sponsor pays a percentage of the wrap fee to FAM for its investment management services, FAM pays a percentage of the wrap fee to Weatherbie for its investment sub-advisory services, and the sponsor executes trades and administers the account without additional charges to the clients. Each client enters into an agreement with the sponsor to provide discretionary investment management services to the client and each investment manager available in the program maintains a sub-advisory agreement with the sponsor. 2. Dual Contract Program. In Dual Contract Wrap Programs, sponsors offer clients a package of services including trade execution and account administration, along with a menu of investment managers to choose from. Each client enters into a contract with the sponsor, which covers custody, brokerage and other services, and separately enters into an investment management agreement with FAM, who

appoints Weatherbie to act as investment sub-advisor. In these programs, Weatherbie and its affiliates are generally directed by clients to effect transactions for their accounts through the program sponsor or the sponsor’s broker-dealer affiliate; however, FAM and Weatherbie have the ability to effect transactions in these wrap accounts through a non-sponsor affiliated broker-dealer if doing so allows FAM or Weatherbie to achieve better execution. Although fees and services are unbundled, clients do not pay FAM or Weatherbie directly for their investment management services, but instead direct payments through the program sponsor or the sponsor’s broker-dealer affiliate. The sponsor or its affiliate then remits payment to FAM, who remits payment to Weatherbie, for its investment sub-advisory services. 3. Model Portfolio Program. In a Model Portfolio Program, Weatherbie enters into an agreement with the sponsor to provide an initial model portfolio to the sponsor, which the sponsor then seeks to replicate for its clients. Weatherbie will then regularly provide updated model portfolios to the sponsor as positions and position weightings change for a strategy. Weatherbie does not place trades on behalf of accounts in these programs and therefore has no ability to ensure that accounts conform to the model portfolio provided. Trades for model portfolios may be placed by the sponsor after Weatherbie has placed trades for wrap programs and other clients for which it serves as investment adviser. The sponsor remits payment to Weatherbie for its investment advisory services. Management of Wrap Programs In managing accounts in a wrap program, Weatherbie generally does not invest in limited partnerships, illiquid securities, or foreign securities not traded on a U.S. exchange, and such accounts will not participate in allocations of initial public offerings. Weatherbie also attempts to minimize the tax impact of portfolio transactions. In an effort to minimize the volume of trading for accounts in a wrap program, Weatherbie generally has a minimum position size for a transaction. Such minimum position size may not exist for non-wrap accounts. Finally, certain wrap sponsors or clients may impose security restrictions as well as minimum cash limits on their accounts. As a result, Weatherbie will generally impose the most restrictive limit across wrap sponsors in the affected strategy(ies). The timing of trades for wrap accounts will generally differ from other accounts and will generally be made later in time than for other accounts managed by Weatherbie (see Item 12: Brokerage Practices, for details about Weatherbie’s trading practices for wrap accounts). Further, Weatherbie maintains relationships with multiple sponsors, and the timing of trades placed by Weatherbie for wrap accounts is on a “rotational” basis among all sponsors. The practices described above will cause a wrap program account’s performance to diverge from other accounts managed by Weatherbie according to the same strategy. Given the structure of wrap programs and the fact that payments to Weatherbie are received from FAM, who receives payments directly from the wrap sponsor, Weatherbie does not believe it receives any direct compensation from clients who participate in the wrap programs (including Plan Accounts). The wrap sponsor is responsible for billing and collecting any fees owed by clients with respect to their participation in the wrap program. Each client’s ability to allocate, reallocate or redeem its investment under a wrap program is governed by the terms of the client’s agreement with the wrap sponsor and the disclosure provided by the wrap sponsor. Any termination-related provisions would be found in the agreement between the client and the wrap sponsor. For wrap program accounts, Weatherbie generally does not negotiate brokerage commissions or other costs related to the execution of trades because those charges are generally included in the single fee paid by the client to the sponsor, and the client has generally contractually agreed to execute trades through the sponsor or the sponsor’s broker-dealer affiliate. In the event that Weatherbie selects a broker-dealer other than the sponsor or its affiliate, the client would typically pay a commission, concession, or dealer mark-up or mark-down, in addition to the wrap fee paid to the sponsor, as well as other administrative fees to settle such a transaction.. Client Assets Under Management As of December 31, 2023, Weatherbie had $2,108,351,612 in discretionary assets under management for clients.