Wesbanco Securities Inc

Types of Clients
WSI generally provides investment advice and/or advisory services to the following types of clients:

•   Individuals
•   Corporations and other business entities
•   Trusts, estates and charitable organizations
•   Pension and Profit-Sharing Plans

Item 6: Portfolio Manager Selection and Evaluation
The Company is the sponsor of its Comprehensive Portfolio Management Wrap Fee Program, and the
IARs, on behalf of the Company, act as the portfolio managers. The Company’s maximum fee for acting as

WSI Appendix 1 03/30/2026
{P0279023.2}

portfolio manager of the wrap fee program is stated in the fee schedule previously provided. The Company
will not charge the client additional fees for participating in the program. Refer to Item 4. Services, Fees
and Compensation Section.

Methods of Analysis, Investment Strategies and Risk of Loss

Wrap Fee Accounts
Methods of analysis may include charting analysis, fundamental analysis, and technical analysis. Charting
analysis involves the use of patterns in performance charts. Fundamental analysis involves the analysis of
financial statements, the general financial health of companies, and/or the analysis of management or
competitive advantages. Technical analysis involves the analysis of past market data; primarily price and
volume. Data utilized may be obtained through independent agencies such as Morningstar, S&P, etc. WSI
does not have a set investment strategy but customizes the strategy based on an interview with the client
to determine the client's specific needs and requirements, their objective, risk tolerance and time horizon
and reviewing their net worth and liquid net worth. Possible strategies include long term trading, short-
term trading, and options writing (including covered options, uncovered options, or spreading strategies).

Third-Party Manager Accounts
WSI does not perform analysis or formulate investment strategies for the third-party managers, BNY
Mellon Advisors or SEI. WSI, after reviewing the objectives, time horizon and risk tolerance of the client,
recommends the third-party managers to meet the criteria established by the Client and WSI.

Material Risk Involved
Charting analysis strategy involves using and comparing various charts to predict long and short-term
performance or market trends. The risk involved in solely using this method is that only past performance
data is considered without using other methods to crosscheck data. Using charting analysis without other
methods of analysis would be assuming that past performance will be indicative of future performance.
This may not be the case.

Fundamental analysis concentrates on factors that determine a company's value and expected future
earnings. This strategy would normally encourage equity purchases in stocks that are undervalued or
priced below their perceived value. The risk assumed is that the market will fail to reach expectations of
perceived value.

Technical analysis attempts to predict a future stock price or direction based on market trends. The
assumption is that the market follows discernible patterns and if these patterns can be identified, then a
prediction can be made. The risk is that markets do not always follow patterns and relying solely on this
method may not work long term.

Investment Strategies
Long-term trading is designed to capture market rates of both return and risk. Frequent trading, when
done, can affect investment performance, particularly through increased transaction costs and taxes.
Investing in securities involves a risk of loss that you, as a client, should be prepared to bear.

Risks of Specific Securities Utilized: WSI generally seeks investment strategies that do not involve
significant or unusual risk beyond that of the general domestic and/or international equity markets.
However, it may utilize options writing. Options writing generally hold greater risk of capital loss and
WSI Appendix 1 03/30/2026
{P0279023.2}

clients should be aware that there is a chance of material risk of loss using any of those strategies. Past
performance is not a guarantee of future returns. Investing in securities involves a risk of loss that you, as
a client, should be prepared to bear.

Performance-Based Fees and Side-By-Side-Management
WSI does not accept performance-based fees or other fees based on a share of capital gains on or capital
appreciation of the assets of the client.