MA-A 0001617177 XXXXXXXX Richard Edward Malone 916-273-4998 rich@gfsi.com 12-31-2025 Y Government Financial Strategies inc. 95-4193488 866-00402-00 867-00775 3626 Fair Oaks Blvd., Suite 100 Sacramento CA 95864-7200 916-273-4998 N www.gfsi.com Richard Edward Malone

3626 Fair Oaks Blvd., Suite 100 Sacramento CA 95864-7200

916-273-4998 rich@gfsi.com GFS Australia Pty Ltd Y Australian Securities and Investments Commission 163-103-688 C3 December CA 11-15-1988 N 4 3 0 0 0 63 Municipal Entities 0 0 0 Not Applicable Fixed Fees Not Applicable Advice Insurance Of MS Advice On Selection Y Other municipal advisor 2 Add Other municipal advisor GFS Australia Pty. Ltd. GFS Australia Pty. Ltd. Y N N Add Other municipal advisor Jonathan Scott Edwards Jonathan Scott Edwards Y N N N N N N N N N N N N Y N N N Item 6: Jonathan Scott Edwards was originally hired by Government Financial Strategies inc. on February 6, 1996, and worked out of the Sacramento office. In May 2013, Jonathan Edwards moved back to his native Australia. In order for Jonathan Edwards to continue working for Government Financial Strategies inc., GFS Australia Pty. Ltd., an Australian company 100% owned by Government Financial Strategies, was created. Jonathan Edwards officially began working for GFS Australia Pty. Ltd. in July 2013, and his sole business is supporting Government Financial Strategies inc.'s municipal advisory clients. Jonathan Edwards is included in the total number of employees identified in Item 4A and 4B. N N N N N N N N N N N N N N N N N N N N N N N N Y N Lori NMN Raineri President 11-15-1988 E Y 000000000 Richard Edward Malone Chief Compliance Officer 01-01-2014 NA N 000000000 Lori NMN Raineri President 11-15-1988 E Y 000000000 Richard Edward Malone Chief Compliance Officer 01-01-2014 NA N 000000000 Richard Malone Richard Malone Chief Operating Officer 03-31-2026 N N N N N Y N N N N N N Y N N N N N N N N