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© SEI 2022 For Intermediary Use Only. Do Not Distribute. 17 D. SPTC sends certain clients a letter that states that a new Form W-9, Request for Taxpayer Identification Number and Certification must be provided. Why are these letters sent to my clients? SPTC is required by the IRS to issue these 'B-Notice' letters to your affected clients when the IRS determines that there is a mismatch between the Tax Identification Number ("TIN") supplied by SPTC and the Tax Identification Number on record with the IRS. The IRS considers a TIN incorrect if either the name or number shown on an account does not match the name and number combination shown on its records or the files of the Social Security Administration (SSA). SPTC must receive an updated Form W-9, or documentation from the IRS or SSA (as specified in the communication), from your client by the date stated in the letter. If the required documentation is not received by the stated date, the IRS requires that SPTC implement back-up withholding on the account at 28% of sale proceeds, interest, dividends and certain other payments made to or from the account. Please note that the TIPRA Act provided that back-up withholding is required on tax-exempt interest for payments after March 31, 2009. Additionally, your client could be subject to a $100 penalty imposed by the IRS for failing to provide SPTC with the correct Name/TIN combination. To reduce the likelihood that your clients could receive one of these notices, you should verify that all new accounts are established in the name that your client has on record with the SSA and submit all name changes or Tax ID corrections to SPTC as soon as they are known to you. Please note: If this is the second time your client has received a B-Notice, a W-9 will not clear the issue. You will need to follow the instructions on the letter and either contact the Social Security Administration (SSA) or the IRS depending on the client type. 12. Online tax forms: A. What types of tax forms are available online through SEI's websites? All 1099 tax forms issued by SPTC are available on SEI's Advisor website at www.SEIAdvisorCenter.com and on www.AccessMyPortfolio.com and https://Investor.SEI-Connect.com for account owners. Personal Trust Accounts Tax forms for personal trust accounts where SPTC is acting as Agent for the Trustee, Trustee, or Co- trustee are not available via SEI's website, but can be obtained by contacting the SEI Personal Trust Officer assigned to the account. The contact information is provided in a previous section. Employer sponsored Plans, Foundations and Endowment Accounts Per IRS guidance, SPTC does not provide tax reporting for Foundation and Endowment accounts. SPTC does not offer plan administration and tax reporting services on employer sponsored retirement plans. B. Can the investor opt to receive only electronic copies of their tax form? Yes, Investors can opt in to receive an electronic only version of their tax form(s). This means the tax form(s) are no longer physically mailed and instead the investor will be notified via e-mail to login to the website and retrieve their tax form(s). Note that investors with website access are still able to download their tax forms regardless of if they have opted in to electronic only tax delivery. C. How can investors opt in for electronic only tax forms? Investors must first register on www.AccessMyPortfolio.com or https://Investor.SEI-Connect.com. They can add any accounts that they are either an owner on or an authorized acting party. Once they have registered for website access, they can navigate to Profile to update their tax form delivery preferences. If an account is owned by an organization and registered under an Employer Identification Number (EIN), authorized parties can opt the tax forms into electronic delivery. The authorized party will need to register on www.AccessMyPortfolio.com and https://Investor.SEI-Connect.com. From there they can select the accounts they can act on and switch them to electronic. An authorized party can include a trustee of a trust, an Executor of an Estate, a Partner of a Partnership, or an Authorized Signer on an S-Corp.

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