Tolleson Private Wealth Management, LP (“TPWM”, the “firm”, “we,” “us” or “our”) is an SEC- registered investment advisory firm located in Dallas, Texas that was formed in 2000. TPWM is a wholly owned subsidiary of Tolleson Wealth Management (“TWM”) and TWM is majority owned and controlled by the John Tolleson family. Based on a client’s goals, objectives and risk tolerance, TPWM provides investment strategy, asset allocation analysis, third-party investment manager analysis and performance monitoring and consulting services. TPWM provides clients with information and research on various investments and assists its clients in selecting investment products that best fit their individual investment objectives, strategy and investment criteria. As part of the advisory services provided to clients, TPWM also provides discretionary management of fixed income portfolios. Clients may impose restrictions on investing in certain types of securities or strategies. TPWM manages client investments on either a discretionary or non-discretionary basis as set forth in the client’s individual written advisory agreements. TPWM provides advice to one or more of its clients regarding the advisability of an investment in one or more affiliated private investment funds as a means through which to implement and facilitate our investment advisory services to clients. These funds include, among others, Tolleson Core Bond, LP, Tolleson High Yield Credit, LP, Tolleson US Equity, LP, Tolleson International Equity, LP, Tolleson 2024 Private Investment, LP, Tolleson 2024 Alternative Income, LP, Tolleson 2023 Private Investment, LP, Tolleson 2022 Alternative Income, LP, Tolleson 2022 Private Investments, LP, Tolleson 2021 Private Investment, LP, Tolleson 2020 Private Investment, LP, Tolleson 2019 Private Investment, LP, Tolleson 2018 Private Investment, LP, Tolleson 2017 Private Investment, LP, Tolleson 2016 Private Investment, LP, Tolleson 2015 Private Investment, LP, Tolleson 2015 Goff, LP, Tolleson 2015 Energy, LP,

Tolleson 2012 Energy, LP, and Tolleson 2012 Technology, LP (collectively, the “Funds”). Each Fund generally is structured as a limited partnership that invests a substantial portion of its assets in other pooled investment vehicles (including mutual funds) and/or separately managed accounts managed and operated by third-party investment managers. In certain instances when deemed suitable and in the best interest of a Fund, and in lieu of hiring a third-party manager, TPWM directly manages a select portion of assets within the Funds. As part of its role as advisor to the Funds, TPWM exercises discretionary power and authority to invest and reinvest the assets of the Funds in accordance with the investment objectives and guidelines set forth in the applicable offering and governing documents. TPWM believes that these Funds provide many benefits for clients, including, lower volatility through diversification, improved liquidity management and access to a greater number of third-party funds. With respect to one or more of the Funds, we have engaged or may engage one or more third-party sub-advisors to provide non-discretionary investment advice and recommendations to TPWM with respect to certain types of investments and/or investment strategies. In addition to investment advisory services, TPWM, as a multifamily office, provides financial planning, tax planning and facilitation, bookkeeping, bill pay, cash management, estate planning, philanthropy advisory, family engagement and other services to our high net-worth clients. Trustee and estate settlement services are also made available to clients through Tolleson Private Bank, an affiliate of TPWM. See Item 10 for further disclosure. As of December 31, 2023, TPWM had a total of approximately $8,223 million in regulatory assets under management. Of its total regulatory assets under management, approximately $8,021 million were managed by TPWM on a discretionary basis and approximately $202 million were managed on a non-discretionary basis.