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Disclosure The information, analysis, and opinions expressed herein are for general and educational purposes only. Nothing contained in this brochure is intended to constitute legal, tax, accounting, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. All investments carry a certain risk, and there is no assurance that an investment will provide positive performance over any period of time. An investor may experience loss of principal. The asset classes and/or investment strategies described may not be suitable for all investors and investors should consult with an investment advisor to determine the appropriate investment strategy. Investment decisions should always be made based on the investor's specific financial needs and objectives, goals, time horizon and risk tolerance. This material is not meant as a recommendation or endorsement of any specific security or strategy. Past performance is not indicative of future results. In providing Values Overlay Services, Envestnet is dependent upon information provided by third-party data providers. Envestnet does not independently verify or guarantee the accuracy, timeliness, or comprehensiveness of such information. The assessments made by third parties are based on data that relates to a company's involvement in a particular product or ESG-related topic, and such data may not cover all of a company's services and practices. The overlay restrictions will only be applied in cases where the information is available, which is limited to a specific universe of securities covered by the third-party data providers. While our tools are designed to help advisors understand and implement the expressed preferences of their clients, this may not be possible in all situations due to inherent limitations on available data and investment options. At the discretion of Envestnet, values category criteria may change. Envestnet will periodically review the criteria and consider whether or not revisions may be appropriate. Envestnet is not affiliated with third party data providers. In providing values overlay services, Envestnet will allow client's account to deviate from client's selected investment strategy, based on the additional reasonable restriction instructions provided by the Client. With the Values Overlay Services, Client's account(s) may not own all holdings that are part of their selected model, and as a consequence, Client's account may experience significant performance differences from the selected investment strategy. In Client chooses an overlay, Envestnet makes no guarantee that the account's performance will be within any range of the selected investment strategy or the strategy's benchmark. For more details on Envestnet PMC's research practices and/or portfolio attributes, please contact pmc@envestnet.com or call 1-888- 612-9300. Advisors should always conduct their own research and due diligence on investment products and the product managers prior to offering or making a recommendation to a client. Neither Envestnet, Envestnet PMC nor its representatives render tax, accounting, or legal advice. Any tax statements contained herein are not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Taxpayers should always seek advice based on their own particular circumstances from an independent tax advisor. Client must carefully determine if the use of tax overlay services is appropriate for their circumstances, risk tolerance, and investment objectives. Tax management services are limited in scope and are not designed to permanently eliminate taxes in the account. In providing tax overlay services, Envestnet will allow Client's account to deviate from Client's selected investment strategy. Client's account may experience significant performance differences from the selected investment strategy due to Client's selection of tax overlay services. Envestnet makes no guarantee that the account's performance will be within any range of the selected investment strategy or the strategy's benchmark. If Client subsequently disables tax overlay services this may result in the recognition of significant capital gains. Envestnet may manage Client's account using tools and processes which may result in Client's trades being executed at a different time or in a different manner than other Envestnet trades, including the potential to not participate in Envestnet's standard trade rotation processes (if such Client trades would have been otherwise eligible to participate). Actual investment and tax consequences may differ if any of the following has occurred: changes in your portfolio's funding, changes in your portfolio's holdings, changes in your portfolio's taxlots, changes in your portfolio's cost basis, changes to your selected Product, changes in your selected Product's holdings or model weights, changes in market prices, changes in the risk attributes of the securities in your portfolio or your selected product, changes in the risk attributes of the market in general. Client is responsible for ensuring that all positions and taxlots in the account have complete and accurate cost basis at all times account is managed by Envestnet. Failure to do so may result in inaccurate account management. Additionally, initial management may not begin until cost basis is updated on all positions in the account. © 2025 Envestnet, Inc. All rights reserved. 6 FOR HOME OFFICE AND ADVISOR USE ONLY. NOT FOR USE WITH THE INVESTING PUBLIC. 20250609-4562819 █████████████████ Ì2000096MLcÎ

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