Trust Examiner School - September 2023

Internal Use Only

Conflicts of Interest (please explain any ‘no’ answer) 1. Are the following fees adequately disclosed to clients? A. Shareholder Service Fees (sweep fees) B. 12b-1 fees ☐ Yes ☐ No ☒ N/A 2. Is the use of Own-bank Savings and Time Deposits appropriate? ☐ Yes ☐ No ☒ N/A 3. Are the receipt and use of Soft Dollars adequately disclosed to clients? ☐ Yes ☐ No ☒ N/A Comments: • Investments (Attach printout) – Applicable for Investment Management Agency Investment Objective : Aggressive - 80% equities, 20% fixed Investment Authority : ☒ Sole ☐ None ☐ Shared with Investment Officer : Uncle Billy Bailey Portfolio Composition – show as % of total Asset Class Target or Model Current Allocation

Comments (Ex: how assets are valued, unique asset class compositions, special characteristics, etc.)

Cash and Equivalents

0.0%

0.6%

Equities

80%

81.5%

Fixed Income

20%

17.9%

Real Estate Non-Traditional

Overdrafts Other Liabilities

1. Investment Objective

a. Is there support for the initial allocation on file? ☒ Yes ☐ No If no, please explain: b. Does management update and document the client’s objective each year? ☒ Yes ☐ No If no, please explain: c. Is the portfolio consistent with the current investment objective? ☒ Yes ☐ No If no, please explain: d. If not, is management executing a plan to remedy the inconsistency? ☐ Yes ☐ No If no, please explain: