Common use of REVENUE SHARING PROGRAM POLICY AND CONFLICTS Clause in Contracts

REVENUE SHARING PROGRAM POLICY AND CONFLICTS. Woodbury Financial, Inc. (Woodbury) maintains revenue sharing arrangements with certain mutual funds, annuities, life insurance, direct participation programs (DPPs), real estate investment trusts (REITs), 529 plan providers, and third party money managers. These sponsors have greater access to our Financial Professionals to provide training and other educational presentations and product information so that they can serve investors better. Please visit the “Client Information and Disclosures” section of our Web site ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ to see a list of sponsors who participate in these revenue sharing arrangements. Financial Professionals of Woodbury do not receive additional compensation from Woodbury in connection with sales of certain sponsors’ products as opposed to other sponsors, including some mutual fund families, insurance companies, DPP sponsors, REIT sponsors or third party money managers. In connection with sales of the sponsors’ mutual funds, however, ▇▇▇▇▇▇▇▇ often absorbs all or part of the nominal “ticket charge,” which is normally borne by your Financial Professional. Because of these revenue sharing arrangements, though they do not impact Financial Professional compensation, Financial Professionals may prefer recommending products offered by a sponsor who is participating in the revenue sharing program over other mutual funds, variable products, DPPs, REITs or third party money managers available through Woodbury. You should feel free to ask your Financial Professional how he or she will be compensated for any transaction involving a sponsor’s products. Woodbury will update information regarding sponsors who participate in revenue sharing arrangements with Woodbury on its website on a regular basis. You can access this updated information, and our Disclosure Document For Mutual Fund and Variable Product, Real Estate Investment Trust, Direct Participation Program and Third Party Money Manager Investors ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ and click on “Client Information and Disclosures.”

REVENUE SHARING PROGRAM POLICY AND CONFLICTS. Woodbury Financial, Inc. (Woodbury) maintains revenue sharing arrangements with certain mutual funds, annuities, life insuranceinsurance companies, direct participation programs (DPPs), real estate investment trusts (REITs), 529 plan providers, and third party money managers. These sponsors have greater access to our Financial Professionals advisors to provide training and other educational presentations and product information so that they can serve investors better. Please visit the “Client Information and Disclosures” section of our Web site ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ to see a list of sponsors who participate in these revenue sharing arrangements. Financial Professionals Advisors of Woodbury do not receive additional compensation from Woodbury in connection with sales of certain the sponsors’ products as opposed to other sponsors, including some mutual fund families, insurance companies, DPP sponsors, REIT sponsors or third party money managers. In connection with sales of the sponsors’ mutual funds, however, ▇▇▇▇▇▇▇▇ Woodbury often absorbs all or part of the nominal “ticket charge,” ”, which is normally borne by your Financial Professionaladvisor. Because of these revenue sharing arrangements, though they do not impact Financial Professional advisor compensation, Financial Professionals advisors may prefer recommending products offered by a sponsor who is participating in the revenue sharing program over other mutual funds, variable products, DPPs, REITs or third party money managers available through Woodbury. You should feel free to ask your Financial Professional advisor how he or she will be compensated for any transaction involving a sponsor’s products. Woodbury will update information regarding sponsors who participate in revenue sharing arrangements with Woodbury Financial on its website on a regular basis. You can access this updated information, and our Disclosure Document For Mutual Fund and Variable Product, Real Estate Investment Trust, Direct Participation Program and Third Third-Party Money Manager Investors at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ and click on “Client Information and Disclosures.”