PRIVATE INVESTMENT BANKING DISCLOSURE

Private Investment Banking Group services are conducted through Reliance Worldwide Investments, LLC ("RWI"), an SEC regulated Broker-Dealer, a member of the Financial Industry Regulatory Authority, Inc. ("FINRA") and the Securities Investor Protection Corporation ("SIPC"), and registered with the Municipal Securities Rulemaking Board ("MSRB").

RWI is not a chartered bank, trust company or depository institution. It is not authorized to accept deposits or provide corporate trust services and is not licensed or regulated by any federal or state banking authority.

RWI provides Private Investment Banking services to corporate and other business entities, high net worth individuals, accredited investors, and sophisticated investors.

Unless otherwise specified, the term "Private Investment Banking" generally refers to the combined capabilities of RWI Financial Advisors and Registered Representatives, RWI affiliated entities, as well as the legal, tax, business valuation, and strategic business advisor professionals with whom the firm maintains strategic alliances. These respective services are utilized on an integrated basis, as appropriate, and in compliance with applicable legal and regulatory requirements imposed upon specific transactions.

RWI is subject to distinct regulatory requirements and certain products and services may not be available in all jurisdictions or to all types of clients. There is no intention to offer, nor will RWI offer, products and services in jurisdictions where such offers would be unlawful under relevant domestic law.