FIRM DESCRIPTION Alpha Architect, LLC (“Alpha Architect”) is an investment adviser and Delaware limited liability company with its principal place of business in Havertown, Pennsylvania. The Adviser was formed in April 2014 and commenced operations as an SEC registered investment adviser in August 2010. Empirical Finance, LLC (“Empirical”) is the sole member and principal owner of Alpha Architect. Wesley R. Gray Ph.D. is the principal owner and founder of Alpha Architect through its controlling affiliate, Empirical and owns the majority of Empirical. Dr. Gray is also the Chief Compliance Officer (“Compliance Officer”) for Alpha Architect. As used in this brochure, the words “Firm,” “we,” “our,” and “us” refer to Alpha Architect and the words “you,” “your,” and “client” refer to you as either a current or prospective client of Alpha Architect. Alpha Architect specializes in academic finance research. Alpha Architect leverages this research to develop proprietary models that execute systematic, quantitative investment strategies. Alpha Architect provides investment advisory and asset management services on a discretionary or non-discretionary basis by serving as investment manager to separately managed accounts (“Managed Accounts”). Alpha Architect provides advice to clients based on specific investment objectives and strategies. In most cases, Alpha Architect is able to tailor advisory services your individual needs. For example, institutional investors may impose restrictions on their Managed Accounts, such as prohibiting certain securities or controlling sector and industry concentrations in their portfolios. TYPES OF ADVISORY SERVICES SEPARATELY MANAGED ACCOUNTS Alpha Architect offers discretionary portfolio management services or non-discretionary advisory services to individuals, high-net-worth individuals, corporations and other business entities based on the specific needs and objectives of such Clients. Our advice regarding constructing portfolios and managed accounts includes investing in listed and over-the-counter Equities and Equity derivatives, Futures, Mutual Funds, Exchange Traded Funds (ETFs), Bonds, as well as use of Leverage and Naked Option Strategies. The separately managed advisory programs offered by Alpha Architect are based on your individual needs. Prior to your initial investment, we will assess your goals, objectives, investment horizon, and risk tolerance. We will gather information via a “Know Your Customer” questionnaire. The “Know Your Customer” questionnaire provides a standardized, documented list of client factors. You may impose restrictions on investing in certain securities or types of securities. After reviewing this information, Alpha Architect makes recommendations on what may be appropriate investment options for you. Prior to engaging Alpha Architect to provide any of the investment advisory services, you will be required to enter into one or more written agreements with Alpha Architect setting forth the terms and conditions under which Alpha Architect shall render its services (collectively the “Agreement”). This Agreement, among other things, will state whether Alpha Architect has discretion over your account. The way in which your account is managed will vary based on whether discretionary authority has been granted to Alpha Architect. Regardless of who maintains discretionary authority over your account, you are advised to promptly notify Alpha Architect in writing if there are any material changes in your financial situation, investment objectives, or in the event you wish to alter any restrictions upon investment management services. DISCRETIONARY PORTFOLIO MANAGEMENT SERVICES When granted discretionary authority, Alpha Architect is authorized to perform various functions, at your expense, without further approval from you. Such functions include the type and amounts of securities to be purchased/sold. This discretion is subject to the guidelines outlined within your Investment Policy Statement. Once your portfolio is constructed, Alpha Architect will provide on- going supervision and re-balancing of your portfolio in accordance with your investment selection’s goals. When suitable to your objectives, Alpha Architect will invest your assets in investment companies managed by a related adviser. In such a scenario, Alpha Architect will receive fees from the management of Fund assets, and the related adviser will receive an investment management fee from the investment company(ies) it advises. See Items 10 and 11 for detailed disclosures. NON-DISCRETIONARY ADVISORY SERVICES At your request, Alpha Architect may develop and manage an investment portfolio on a non- discretionary basis, whereby the Firm will make specific investment recommendations tailored to your investment objectives. The Firm will not initiate any orders to

purchase or sell any securities in non-discretionary accounts without your approval. Alpha Architect is responsible for arranging the execution of these recommendations if you use your discretionary authority to act on our advice. CONSULTING SERVICES Alpha Architect provides general consulting services focused in the following areas:
• General quantitative analysis
• Asset allocation and portfolio optimization
• Hedging and arbitrage strategy analysis and implementation
• General computer programming as it relates to quantitative finance
• Index creation and data licensing thereof Consulting services are provided to other investment advisory firms, high-net-worth individuals, wealth management companies, financial advisers, and registered investment companies. Consulting services are distinct from advisory services, although some of our advisory clients are also consulting clients. FINANCIAL PLANNING Financial Planning services may be provided as a stand‐alone service or may be coupled with ongoing investment management. Financial Planning may include advice that addresses one or more areas of your financial situation, which may include but is not limited to estate planning, risk management, budgeting and cash flow controls, retirement planning, education funding, and investment portfolio design and ongoing management. Depending on your situation, financial planning may include some or all of the following steps:
• Gathering factual information concerning your personal and financial situation;
• Assisting you in establishing financial goals and objectives;
• Analyzing your present situation and anticipated future activities in light of their financial goals and objectives;
• Identifying problems foreseen in the accomplishment of these financial goals and objectives and offering alternative solutions to identified problems;
• Making recommendations to help achieve goals and objectives;
• Designing an investment portfolio to help meet the goals and objectives of the Client;
• Analyzing estate plans;
• Assessing risk and reviewing health, life and disability insurance needs;
• Making recommendations designed to improve your chances of achieving his or her objectives; and/or
• Providing suggestions on how to measure progress toward the Clients’ goals or make changes to the goals as deemed necessary. Once financial planning advice is presented, you may choose to have us assist with the implementation of the financial plan and/or manage the investment portfolio on an ongoing basis. However, you are under no obligation to act upon any of the recommendations made under a financial planning engagement and/or engage the services of any recommended professional or Alpha Architect. 1042 QUALIFIED REPLACEMENT PROPERTY (“QRP”) SERVICES Alpha Architect provides 1042 QRP services to qualified clients seeking to effect a 1042 exchange. Such services include, but are not limited to, 1042 QRP portfolio management, 1042 QRP data licensing, and 1042 QRP consulting and support services. DONOR ADVISED FUND SERVICES Alpha Architect works with the Client to develop a giving strategy utilizing a donor advised fund. An asset allocation strategy for the fund is then implemented. Strategies could include model portfolios or completely customized allocations depending upon needs. Clients may request us to manage assets within a donor advised fund. Under these arrangements, the client selects the donor advised fund to which he or she makes a charitable contribution. At the donor advised fund’s sole discretion and subject to its policies and restrictions, the donor advised fund may permit an individual to select an investment advisor to manage those assets. In these cases, the donor advised fund becomes the client, as the donor advised fund owns the assets donated by the individual. Clients may select any donor advised fund and the decision to make a charitable donation from the client’s investment portfolio rests solely with the client. Alpha Architect maintains relationships with a select number of donor advised funds, but does not have a formal referral arrangement in place with any donor advised fund and does not receive compensation for referrals to any donor advised fund. WRAP FEE PROGRAMS Alpha Architect does not participate in any Wrap Fee Programs. ASSETS UNDER MANAGEMENT As of March 14, 2024, Alpha Architect managed the following asset amounts: Discretionary Assets: $ 711,692,830 Non-Discretionary Assets: $0 Total Assets $ 711,692,830 Please note, all dollar values are expressed in USD and these figures do not reflect any AUM overseen by the affiliated adviser of Alpha Architect (Empowered Funds, LLC) which oversees the management of affiliated funds (ETFs) referenced in this Brochure.