Privacy Notice to Our Clients. Poehling Capital Management, Inc. strongly believes in protecting the confidentiality and security of information we collect about you. This notice describes our privacy policy and how we treat nonpublic personal information we receive about you.

Why We Collect Information. When we evaluate your request for our services, provide investment and financial advice to you and process transactions for your account, you typically provide us with certain nonpublic personal information necessary for these transactions. We may also use that information to offer you other services that we provide, which may meet your investment and financial objectives.

What Information We Collect. The personal information we collect may include your name, address, social security or taxpayer identification number, assets, liabilities, income, account balances and information, and investment and financial planning activities. We collect nonpublic personal information about you from the following sources:

• Information we receive from you in written agreements and on applications or other forms;
• Information we receive from you verbally in the regular course of providing services to you; and
• Information about your transactions with us or others.

How We Protect Your Information. We treat information about current and former clients in a confidential manner. We take the utmost care in addressing administrative, technical, and physical safeguards for the protection of your records and information. For example:

• We restrict access to nonpublic personal information to those employees that need to know that information in order to provide services to you;
• Our employees and professional service representatives are required to comply with our established information and confidentiality provisions; and
• We also maintain physical, electronic, and procedural safeguards to protect your nonpublic personal information.

How We Use Your Information. We do not sell your nonpublic personal information to anyone. We may disclose nonpublic personal information about you to the following types of nonaffiliated third parties, but only with your authorization:

• Financial service providers, such as asset custodians, mortgage lenders, banking institutions, and insurance agents;
• Professional service providers, such as accountants, attorneys, and real estate brokers; and
• Others, as you specify from time to time.

We may disclose nonpublic personal information about you to nonaffiliated third parties, but only when doing so is required by law. We may also share your nonpublic personal information with companies that perform services on our behalf, such as the companies that we may hire to perform administrative services. The companies we may hire to provide support services are not allowed to use your personal information for their own purposes.

Access To and Correction of Information. Generally, upon your written request, we will make information available for your review. Information collected in connection with, or in anticipation of, any claim or legal proceeding will not be made available. If your information with us becomes inaccurate, or if you need to make a change to that information, please contact us at the address or the telephone number shown below so that we can update our records.

Further Information. For additional information regarding our privacy policy, please contact us in writing at Poehling Capital Management, Inc., 525 Junction Road, Suite 8900, Madison, Wisconsin 53717, or by telephone at 608.664.9600.