2021-02-22 OMA Agenda - Board of Trustees (002)

Important Disclosures The information contained herein is provided for informational purposes and as a courtesy to you, and may include securities owned by you on our records resulting from transactions processed through Stifel, Nicolaus & Company, Incorporated (“Stifel”) or supplemental information supplied by you for assets that Stifel does not hold on your behalf and which are not included on Stifel’s books and records. Assets held outside Stifel may not be covered by SIPC. We rely on the information you provided without further verification, and you represent that such information is true, accurate, and complete as of the date provided. We are not responsible for any analysis report prepared on the basis of information you provided that is incomplete or inaccurate. Prices are obtained from sources we consider reliable but are not guaranteed. The unrealized gain/loss information is for your information and should not be relied on for tax purposes. Please rely on your confirmations and monthly statements to ensure accurate information. The estimated annual income is a forward projection based on historical payment information. Special payments, modifications to dividend levels, or suspension of interest payments may cause material differences to the income estimates contained in these reports. The asset and sector classifications are provided by an independent third party. Questions relating to either asset or sector classifications should be directed to your Financial Advisor. Past performance does not guarantee future results. Note on Research Ratings: These reports are specific to individual clients and are not intended for mass distribution. As such, the information contained herein should not be considered a research report as defined by FINRA. The research ratings contained in these reports are provided for informational purposes and should not be construed as an offer to buy or sell any securities referred to herein. Any evaluation of the research ratings should be performed in conjunction with the underlying report. Opinions expressed are subject to change without notice and do not take into account any particular investment objectives, financial situation, or needs of individual investors. Employees of Stifel or its affiliates may, at times, release written or oral commentary, technical analysis, or trading strategies that differ from the opinions expressed within. Stifel’s research analysts receive compensation that is based upon (among other factors) Stifel’s overall investment banking revenues. Please visit the Research Page at www.stifel.com for the current research disclosures applicable to the companies mentioned in this publication that are within Stifel/KBW’s coverage universe. Stifel Stock Ratings: Buy: We expect this stock to outperform the S&P 500 by more than 10% over the next 12 months. For higher-yielding equities such as REITs and Utilities, we expect a total return in excess of 12% over the next 12 months. Hold: We expect this stock to perform within 10% (plus or minus) of the S&P 500 over the next 12 months. A Hold rating is also used for those higher-yielding securities where we are comfortable with the safety of the dividend but believe that upside in the share price is limited. Sell: We expect this stock to underperform the S&P 500 by more than 10% over the next 12 months and believe the stock could decline in value.

S&P Stock Ratings: 5 Stars: Indicates Strong Buy. Total return is expected to outperform the total return of the S&P 500 Index by a wide margin with shares rising in price on an absolute basis. 4 Stars: Indicates Buy. Total return is expected to outperform the total return of the S&P 500 Index with shares rising in price on an absolute basis. 3 Stars: Indicates Hold. Total return is expected to closely approximate the total return of the S&P 500 Index with shares rising in price on an absolute basis. 2 Stars: Indicates Sell. Total return is expected to underperform the total return of the S&P 500 Index, and share price is not anticipated to show a gain. 1 Star: Indicates Strong Sell. Total return is expected to underperform the total return of the S&P 500 Index by a wide margin with shares falling in price on an absolute basis. Additional information is available upon request. Structured Products Information presented in this report related to Structured Products is provided by www.StructuredRetailProducts.com. This information may not be copied or distributed separate from this report; and is not warranted to be accurate, complete, or timely. Performance Reports: The following types of securities are not included in performance reports: variable and fixed annuities, insurance, non-networked mutual funds, and any other securities not physically held at Stifel. A dollar-weighted return takes into consideration the money you subsequently added to the account or withdrew. It represents the rate of return that would make the present value of future cash flows plus the final market value of an investment equal the current market price of the investment. A time-weighted rate of return removes the distorting effects of the inflows of new money to the portfolio by assuming a single investment at the beginning of the period and measuring the performance of that amount at the end of the period. It is the return figure most often used to compare the performance of different accounts over the same time period. The information presented should not be considered a replacement for your trade confirmations and/or monthly statements. Performance is calculated net of any trading expenses and management fees to the extent that those fees are paid by funds from the account. For accounts with margin debit balances, the performance may be a leveraged return, which may not reflect the actual performance net of debit balances. Although the method of calculation is considered reliable, the information’s accuracy is not guaranteed by Stifel, Nicolaus & Company, Incorporated. Performance Definitions: Asset Value reflects the month-end value of all securities held at Stifel, Nicolaus & Company, Incorporated. Asset Value Net of Performance reflects the month-end value of the account net of the

change in value of securities. Performance Benchmarks:

Percentage returns for selected indices are provided for informational purposes only. The major stock indices only include a change in value and do not include dividends. Indices are unmanaged and are not available for direct investment.

As of February 15, 2021

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