Montrusco Bolton is an SEC-registered investment adviser with its principal place of business in Montreal Canada, Quebec province. Montrusco Bolton was founded in 1946 and began providing advisory services as an SEC registered adviser in 2010. Montrusco Bolton is owned by AMG Canada, Inc., Fonds de solidarité des travaileurs du Québec (“FTQ”) and certain key employees. AMG Canada Inc. is a Canadian-based subsidiary of Affiliated Managers Group, Inc., (“AMG”) a global asset management company based in Boston with equity investments in leading boutique investment management firms. AMG provides centralized assistance to its Affiliates in strategic matters, marketing, distribution, product development and operations. FTQ is a venture capital fund which seeks to invest in all sectors of the Québec economy. FTQ is registered with the Autorité des Marchés Financiers du Québec (“AMF”). Montrusco Bolton offers the following advisory services to our clients. Portfolio Management Services Montrusco Bolton offers Portfolio Management Services to clients defined as the provision of continuous advice to a client, or making investment decisions for a client, regarding investment of the client's assets, based on the individual needs of the client. Through a specific mandate or personal discussions, Montrusco Bolton develops (or obtains) a client's personal investment policy and creates and manages a portfolio based on that policy. Montrusco Bolton manages US-based advisory client accounts on a discretionary or non-discretionary basis. Account supervision is guided by the stated objectives of the client (e.g., maximum capital appreciation, growth, income, or growth and income). Montrusco Bolton offers clients a variety of investment strategies in the equity, fixed income, balanced and alternative asset classes. Equity strategies offered include US, Canadian, and global equity. Depending on the size of their investment, clients may choose to either invest through a separate account structure or utilize the firm’s commingled private investment funds (collectively, “Montrusco Bolton Funds” or "the Funds") to achieve their stated objectives. Separate accounts are generally invested in one of specific equity or fixed income strategies offered by firm. Portfolios consisting primarily of interests in one or more of the Montrusco Bolton Funds (described below), may also include:

• individual equities,
• exchange traded funds (ETFs),
• bonds, and
• cash or cash equivalents. Montrusco Bolton will allocate the client's assets among the Funds and other investments, as appropriate, taking into consideration the overall management style selected by the client. The Funds will be selected on the basis of investment objectives and strategy. Portfolio weighting among Funds and other investments will be determined by each client's individual needs and circumstances. Investment in any of the Funds will be permitted only after the client has been pre-screened to determine eligibility, has received the Fund’s offering memorandum and disclosures, has had ample opportunity to review such documentation and to ask questions, if necessary, and has submitted the requisite subscription documents which Montrusco Bolton has determined to accept. Based on client needs or preferences, and subject to Montrusco Bolton's sole discretion, the firm may construct a portfolio or a portion of a portfolio modeled after one or more of the Funds without investing in the Funds themselves. Under these circumstances, the client will retain an undivided, individual ownership interest in all portfolio securities. When appropriate to the needs of the client, Montrusco Bolton at times recommends the use of short sales, margin transactions or option writing. Because these investment strategies involve certain additional degrees of risk, they will only be recommended when consistent with the client's stated tolerance for risk. Montrusco Bolton Funds Montrusco Bolton, also acts as investment manager to a number of private investment funds including the Montrusco Bolton Funds one or more of which are offered to investors in the U.S. The Funds are not required to register as investment companies under the Investment Company Act of 1940, nor are interests in the Funds required to be registered under the Securities Act of 1933, in reliance upon certain exemptions available to funds whose securities are not publicly offered. Montrusco Bolton manages the Funds in accordance with the terms and conditions of each Fund's offering and organizational documents. Assets: As of December 31, 2023, we were managing approximately $13 billion of client assets on a discretionary basis and approximately $3 billion of client assets on a non- discretionary basis.