Disclosures

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal of an investment will fluctuate so that an investor’s shares when redeemed may be worth more or less than original cost. The values represented in this report may not reflect the true original cost of your initial investment. Performance returns for time periods longer than 365 days have been annualized. The composite has been maintained since December 2020 by utilizing Mr. Benjamin C. Halliburton’s personal Dividend Value portfolio. Prior to December 2020, the composite was maintained as explained below. Cary Street Partners (“CSP”) and Tradition Capital Management claimed compliance with the Global Investment Performance Standards (GIPS®) and has previously prepared this report in compliance with the GIPS standards. Performance shown after December 31, 2018, though believed to be accurate, has not been independently verified. In November 2020, Tradition Capital Management became Cary Street Partners Asset Management – Active Management (“CSPAM AM”). In April 2019, Tradition Capital Management became a subsidiary of Cary Street Partners Financial. Prior to July 1, 2009, the Dividend Value composite was under the management of Haven Capital Management LLC. Effective July 1, 2009, Haven Capital Management LLC joined with Tradition Capital Management, LLC. The Dividend Value Equity composite was created on April 1, 2005. Performance presented prior to July 1, 2009, occurred before Dividend Value was under the Tradition RIA. The Haven portfolio managers joined the Tradition team in managing Dividend Value at Tradition. An independent accounting firm performed an examination of this track record; an Independent Accountant’s Report is available upon request. Performance is calculated and expressed in U.S. Dollars. Total Haven assets under management on June 30, 2009 were $133MM. Composite includes accounts valued at $0.2MM or greater. The Dividend Value Equity composite is comprised of equity accounts, including cash reserves, managed in the dividend value style and for comparison purposes measured against the S&P 500 Index. Wrap accounts are included in the composite; as of 12/2012 the composite is comprised of 8% wrap assets, 12/2013 – 4%, 12/2014 – 6%, 12/2015 – 4%, 12/2016 – 4%, 12/2017 – 4%, 12/2018 – 5%, 12/2019 – 5%. Minimum account size was $200,000. Prior to 1/2007 no minimum account size was required. The S&P 500 Index returns are before taxes. The S&P 500 (a registered trademark of McGraw-Hill Companies) is an unmanaged index of common stock. Unmanaged indices are for illustrative purposes only. An investor cannot invest directly in an index. The Russell 3000 Value Index returns are before taxes. An index is for illustrative purposes only. Returns are presented gross and net of management fees. The net performance results reflect time-weighted rates of return, the re-investment of dividends and other account earnings, and are net of applicable account transaction and custodial charges, as well as Tradition’s management fee. Net fee performance was calculated assuming a 1% fee. Actual management fees may differ. In addition to a management fee, some accounts pay an all-inclusive fee based on a percentage of assets under management. Other than brokerage commissions, this fee includes portfolio monitoring, consulting services, and in some cases, custodial services. From December 2020 to present the account is Mr. Halliburton’s and is non-fee paying. Prior to January 1, 2002, one non-fee-paying account was included in this composite which represents 100% of the composite. Gross performance includes all of the aforementioned criteria except for the deduction of Tradition’s management fee. Given the use of non-fee paying employee accounts in the composite, we have assumed a 1% fee for the net performance figures for all periods. If an account has a 15% of total portfolio withdrawal/deposit, over a 2-month period, the account will be taken out of the composite at the end of the month preceding the withdrawal/deposit and will not be put back in for 3 months. On 1/1/2009, the cash flow policy changed from 15% to 25%. The annual composite dispersion is an asset-weighted standard deviation calculated when there are more than five accounts in the composite for the entire year. The firm maintains a complete list and description of composites, which are available upon request. Policies for valuing portfolios, calculating performance, and preparing compliant presentations are available upon request. The data and information necessary to support all items included in compliant presentations is captured and maintained for all years presented on the presentations. Records include custodian statements, and the transaction, position, market value and performance data prior to 2020, all information was stored in Cary Street Partners’ and Tradition Capital Management’s portfolio accounting systems. Some of this information was prepared by or obtained from third party sources believed to be reliable, but Tradition Investment Management does not guarantee the accuracy or completeness of such information. The material has been prepared or is distributed solely for information purposes and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. Past performance is not indicative of future results. *Informa Financial Intelligence’s proprietary performance screens, PSN Top Guns ranks products in six proprietary categories in over 50 universes. This is a well-respected quarterly ranking and is widely used by institutional asset managers and investors.