Russell Investment Management, LLC a Russell Investments Company

Russell Investment Management, LLC A Russell Investments company

Form ADV Part 2B Brochure Supplement

Item 1 – Cover Page

1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877 WWW.RUSSELLINVESTMENTS.COM

June 1, 2021

This Brochure Supplement provides information about supervised persons providing investment advisory services to Russell Investment Management, LLC (“RIM”) clients and supplements the RIM Brochure. If you have any questions about the contents of this Brochure Supplement, please contact us at 206.505.4466 or [email protected]. The information in this Brochure Supplement has not been approved or verified by the United States Securities and Exchange Commission (“SEC”) or by any state securities authority. RIM is an investment adviser registered with the SEC. Registration as an investment adviser does not imply any level of skill or training. Additional information about RIM is also available on the SEC’s website at www.adviserinfo.sec.gov. Russell Investment Management, LLC 1095 Avenue of the Americas, 14th Floor New York, NY 10036 212.702.7900

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Rob Balkema that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Rob Balkema, CFA Senior Director, Head of Multi-Asset, North America Global Portfolio Management - Multi-Asset Russell Investments

Educational Background and Business Experience: Year of Birth: 1984 Education and Designations: v B.A., Economics, Harvard University v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2016 to Present - Senior Director, Head of Multi-Asset, North America v 2015 to 2016 - Senior Portfolio Manager

Biography: Rob Balkema has primary responsibility for managing Russell Investments’ US Retail and Institutional Multi-Asset Solutions, including the firm’s traditional target risk balanced funds, outcome-oriented portfolios, target date, and investment outsourcing mandates. In this role, he leads the team which integrates the firm’s equity, fixed income, real asset, and alternatives capabilities globally. He is tasked with creating strategic asset allocations for the portfolios, selecting managers or passive alternatives to populate asset classes, integrating the firm’s capital market insights, and positioning the total portfolio in order to help clients achieve their objectives. Rob joined Russell Investments in 2006.

Disciplinary Information: There are no legal and / or disciplinary events to report for Rob.

Other Business Activities: There are no outside business activities to report for Rob. Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management.

Supervision: Brian Meath is responsible for the supervision and oversight of Rob. Brian is Managing Director and Head of Portfolio Management for the Investment Division and is responsible for helping to ensure Rob adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm’s fiduciary obigations. Brian can be reached at 206.505.4466

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Kerry Bandow that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Kerry Bandow, CFA Senior Consultant Investment Consulting Services Russell Investments

Educational Background and Business Experience: Year of Birth: 1967 Education and Designations: v B.A., University of Northern Colorado v CFA Charterholder, CFA Institute1 Business Background (past five years): v May 2019 to Present - Senior Consultant v 2016 to 2019 - Senior Investment Consultant, Towers Watson Investment Services v 2011 to 2015 - Senior Investment Advisor, SWBC Investment Advisory Services

Biography: Kerry Bandow is a Senior Consultant for Russell Investments’ Americas Institutional business with more than twenty-seven years of industry experience. In his role, Kerry provides advice to institutional defined contribution clients on all aspects of their investment programs including investment policy and strategy, governance, asset allocation, asset class structure, manager selection, performance monitoring, and investment implementation. Kerry joined Russell Investments in 2019.

Disciplinary Information: There are no legal and / or disciplinary events to report for Kerry.

Other Business Activities: There are no outside business activities to report for Kerry.

Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management.

Supervision: Rachel Carroll is responsible for the supervision and oversight of Kerry. Rachel is Managing Director for Investment Consulting Services and oversees the advice Kerry provides to help ensure those investments are suitable for the particular client and consistent with their investment needs, goals, objectives and risk tolerance, as well as any restrictions previously requested by the client. Rachel can be reached at 206.505.4466.

44.20.7024.6000 FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Igor Bosnjak that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Igor Bosnjak Director, Head of Portfolio Implementation Global Portfolio Management Russell Investments

Educational Background and Business Experience: Year of Birth: 1975 Education and Designations: v B.S., Business Administration, Central Washington University v Licensed Registered Representative, FINRA Series 7, 55, 66 Business Background (past five years): v March 2020 to Present - Director, Head of Portfolio Implementation v May 2018 to February 2020 - Head of Portfolio Implementation v November 2013 to April 2018 - Senior Implementation Manager

Biography: Igor Bosnjak a Director and Head of Portfolio Implementation for Russell Investments. Igor leads the global team that is responsible for the formulation and implementation of strategies across Russell Investments' Funds and Separate Accounts, ensuring efficient and risk- controlled plans for implementing investment process. Igor and his team are also responsible for manager changes, account restructures and fund launches for Russell Investments' funds globally. Portfolio managers, clients, transition managers, operations teams and local custodians coordinate transition activities through Igor and his team. Igor joined Russell Investments in 2005.

Disciplinary Information: There are no legal and / or disciplinary events to report for Igor.

Other Business Activities: There are no outside business activities to report for Igor.

Supervision: Brian Meath is responsible for the supervision and oversight of Igor. Brian is Managing Director and Head of Portfolio Management for the Investment Division and is responsible for helping to ensure Igor adheres to policies and procedures designed to assure that advice is consistent with our clients’ agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm’s fiduciary obligations. Brian can be reached at 206.505.4466. Russell Investment Management, LLC 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Hal Bradford that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Hal Bradford Senior Consultant Investment Consulting Services Russell Investments

Educational Background and Business Experience: Year of Birth: 1962 Education and Designations: v B.S., Applied Mathematics / Engineering, Auburn University Business Background (past five years): v 2015 to Present - Senior Consultant

Biography: Hal Bradford is a Senior Consultant for Russell Investments’ Americas Institutional business. In his role, Hal is responsible for providing advice to large institutional fund clients on investment policy and strategy, asset allocation, asset class structure, manager selection and performance measurement and analytics. His professional background includes over twenty years of consulting experience in the investment, actuarial and employee benefits fields. Hal joined Russell Investments in 2012.

Disciplinary Information: There are no legal and / or disciplinary events to report for Hal.

Other Business Activities: There are no outside business activities to report for Hal.

Supervision: Rachel Carroll is responsible for the supervision and oversight of Hal. Rachel is the Managing Director for Investment Consulting Services and oversees the advice Hal provides to help ensure investments are suitable for the particular client and consistent with their investment needs, goals, objectives and risk tolerance, as well as any restrictions previously requested by the client. Rachel can be reached at 206.505.4466. Russell Investment Management, LLC 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Keith Brakebill that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Keith Brakebill, CFA Senior Portfolio Manager Global Portfolio Management – Fixed Income Russell Investments

Educational Background and Business Experience: Year of Birth: 1983 Education and Designations: v B.A. (summa cum laude), College Scholars, University of Tennessee v M.A., International Policy Studies, Stanford University v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2015 to Present - Senior Portfolio Manager

Biography: Keith Brakebill is a Senior Portfolio Manager on the Global Fixed Income Team, based in Seattle. Keith is responsible for managing a variety of fixed income funds for investors ranging from U.S. Core Plus and Municipal bonds to Global High Yield and Emerging Market Debt. Keith joined Russell Investments in 2007.

Disciplinary Information: There are no legal and / or disciplinary events to report for Keith.

Other Business Activities: There are no outside business activities to report for Keith.

Supervision: Gerard Fitzpatrick is responsible for the supervision and oversight of Keith. Gerard is the Managing Director and Head of Fixed Income Portfolio Management for the Investment Division and is responsible for helping to ensure Keith adheres to policies and procedures designed to assure that advice is consistent with our clients’ agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm’s fiduciary obligations. Gerard can be reached at 206.505.4466.

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Rachel Carroll that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Rachel Carroll, CFA Managing Director Investment Consulting Services Russell Investments

Educational Background and Business Experience: Year of Birth: 1971 Education and Designations: v B.A., Economics, University of Washington v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2016 to Present - Managing Director v 2015 to 2016 - Senior Consultant

Biography: Rachel Carroll is the Managing Director of Consulting for Russell Investments’ Americas Institutional business. Rachel has primary responsibility for the consulting client relationships in the U.S. and also continues to serve as a Senior Consultant on a number of significant relationships. Rachel is also a member of the Americas Institutional Executive Committee which is the governance body responsible for overseeing Russell Investments' broad business initiatives in the U.S. Rachel joined Russell Investments in 1993.

Disciplinary Information: There are no legal and / or disciplinary events to report for Rachel.

Other Business Activities: There are no outside business activities to report for Rachel.

Supervision: Bryan Weeks is responsible for the supervision and oversight of Rachel. Bryan is head of Russell Investments' Americas Institutional business and oversees the advice Rachel and her reports provide to help ensure investments are suitable for the particular client and consistent with their investment needs, goals, objectives and risk tolerance, as well as any restrictions previously requested by the client. Bryan can be reached at 206.505.4466.

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Peter Corippo that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Peter Corippo Managing Director Fiduciary Solutions Russell Investments

Educational Background and Business Experience: Year of Birth: 1958 Education and Designations: v B.A., Economics, University of California, Davis v M.B.A., Finance, University of California, Berkeley Business Background (past five years): v 2015 to Present - Managing Director, Retirement Fiduciary Solutions

Biography: Peter Corippo is Managing Director of Retirement Fiduciary Solutions for Russell Investments’ Americas Institutional business. Based on his experience as Chief Investment Officer for a large corporate investment program, he is focused on helping Russell Investments’ Fiduciary Solutions clients achieve their desired investment outcomes by providing strategic advice and implementation solutions for all dimensions of their investment programs. Peter joined Russell Investments in 2013.

Disciplinary Information: There are no legal and / or disciplinary events to report for Peter.

Other Business Activities: There are no outside business activities to report for Peter.

Supervision: Michael Hall is responsible for the supervision and oversight of Peter. Michael is head of Defined Benefit Solutions and oversees the advice Peter provides to help ensure those investments are suitable for the particular client and consistent with their investment needs, goals, objectives and risk tolerance, as well as any restrictions previously requested by the client. Michael can be reached at 206.505.4466. Russell Investment Management, LLC 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Brett Deits that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Brett Deits Director, Senior Portfolio Manager, Private Markets Alternative Investments Russell Investments

Educational Background and Business Experience: Year of Birth: 1976 Education and Designations: v B.A., Accounting, University of Washington v M.B.A., Cornell University Business Background (past five years): v March 2020 to Present - Director, Senior Portfolio Manager, Private Markets v 2015 to 2020 - Senior Portfolio Manager

Biography: Brett is a Director, Senior Portfolio Manager on Russell Investments’ private markets platform and oversees all private capital multi- manager funds and separate accounts across buyouts, venture, distressed, credit and natural resources. Additionally, Brett is a portfolio manager for multiple real estate multi-manager vehicles and separate accounts. He is a voting member of the Russell Investments Alternatives Subcommittee and serves on numerous Limited Partner Advisory Committees for fund managers in the United States and Europe. Brett joined Russell Investments in 2010.

Disciplinary Information: There are no legal and / or disciplinary events to report for Brett.

Other Business Activities: There are no outside business activities to report for Brett.

Supervision: Vic Leverett is responsible for the supervision and oversight of Brett. Vic is the Managing Director, Head of Alternative Investments for Russell Investments and is responsible for helping to ensure Brett adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm's fiduciary obligations. Vic can be reached at 206.505.4466. Russell Investment Management, LLC 1095 Avenue of the Americas, 14th Floor New York, NY 10036 212.702.7900

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Kevin Divney that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Kevin Divney, CFA Senior Portfolio Manager, U.S. Equity Global Portfolio Management - Equity Russell Investments

Educational Background and Business Experience: Year of Birth: 1964 Education and Designations: v B.A., Economics, Boston University v M.B.A., Northeastern University v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2017 to Present - Senior Portfolio Manager, U.S. Equity v 2015 to 2017 - Chief Investment Officer, Beaconcrest Capital

Biography: Kevin Divney is a Senior Portfolio Manager on the U.S. Equity Team. Kevin is responsible for managing the Large Cap Equity Funds for private clients and institutional investors. Kevin joined Russell Investments in 2017.

Disciplinary Information: There are no legal and / or disciplinary events to report for Kevin.

Other Business Activities: There are no outside business activities to report for Kevin.

Supervision: Brian Meath is responsible for the supervision and oversight of Kevin. Brian is the Managing Director and Head of Portfolio Management for the Investment Division and is responsible for helping to ensure Kevin adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm's fiduciary obligations. Brian can be reached at 206.505.4466

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Jon Eggins that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Jon Eggins, CFA Director, Senior Portfolio Manager, Global Equity Global Portfolio Management - Equity Russell Investments

Educational Background and Business Experience: Year of Birth: 1981 Education and Designations: v B.Com (1st class honours), Economics and Finance, University of New South Wales v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2015 to Present - Director, Senior Portfolio Manager, Global Equity

Biography: Jon Eggins is a Director, Senior Portfolio Manager for Russell Investments, with primary responsibility for Russell Investments' Global Equity and Small Cap Equity Funds. Jon is responsible for all aspects of the portfolio management process including manager selection, portfolio construction and continuous monitoring. Jon joined Russell Investments in 2003.

Disciplinary Information: There are no legal and / or disciplinary events to report for Jon.

Other Business Activities: There are no outside business activities to report for Jon.

Supervision: Brian Meath is responsible for the supervision and oversight of Jon. Brian is the Managing Director and Head of Portfolio Management for the Investment Division and is responsible for helping to ensure Jon adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm's fiduciary obligations. Brian can be reached at 206.505.4466.

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Bruce Eidelson that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Bruce Eidelson Director, Senior Portfolio Manager, Listed Real Assets Global Portfolio Management - Equity Russell Investments

Educational Background and Business Experience: Year of Birth: 1956 Education and Designations: v B.A., Economics and Geography, University of California, Los Angeles v M.B.A., Finance, University of California, Los Angeles v M.S., Real Estate Development, Massachusetts Institute of Technology Business Background (past five years): v 2015 to Present - Director, Senior Portfolio Manager, Listed Real Assets

Biography: Bruce Eidelson is Director, Senior Portfolio Manager of Listed Real Assets for Russell Investments. In this role, Bruce is responsible for overseeing the firm’s publicly traded real estate, infrastructure and natural resources equity strategies. He is portfolio manager for Russell Investments' real estate securities funds domiciled in the U.S., Europe and Australia. Bruce joined Russell Investments in 1990.

Disciplinary Information: There are no legal and / or disciplinary events to report for Bruce.

Other Business Activities: There are no outside business activities to report for Bruce.

Supervision: Brian Meath is responsible for the supervision and oversight of Bruce. Brian is the Managing Director and Head of Portfolio Management for the Investment Division and is responsible for helping to ensure Bruce adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm's fiduciary obligations. Brian can be reached at 206.505.4466. Russell Investment Management, LLC 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Kate El-Hillow that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Kate El-Hillow

Global Chief Investment Officer Investment Division Russell Investments

Educational Background and Business Experience: Year of Birth: 1974 Education and Designations: v B.S., Accounting, Boston College, Carroll School of Management v Licensed Registered Representative, FINRA Series 3, 7, 24, 63 v Fundamentals of Sustainability Accounting (FSA) Credential Business Background (past five years): v 2021 to Present - Global Chief Investment Officer v 2004-2021 Deputy Chief Investment Officer, Goldman Sachs

Biography: Kate El-Hillow is the Global Chief Investment Officer for Russell Investments. Based in New York, Kate leads Russell Investments’ global investment team with responsibility for all aspects of the Investment Dvision, including asset management, implementation and research. She serves on the Russell Investments Executive Committee and Investment Strategy Committee. Kate joined Russell Investments in 2021.

Disciplinary Information: There are no legal and / or disciplinary events to report for Kate.

Other Business Activities: There are no outside business activities to report for Kate.

Supervision: Michelle Seitz is responsible for the supervision and oversight of Kate. Michelle is the Chairman and Chief Executive Officer for Russell Investments. Michelle can be reached at 206.505.4466. Russell Investment Management, LLC Rex House, 10 Regent Street, London, SW1Y 4PE, England

44.20.7024.6000 FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Gerard Fitzpatrick that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Gerard Fitzpatrick, CFA, CAIA, FRM Managing Director, Head of Fixed Income Portfolio Management Global Portfolio Management - Fixed Income Russell Investments

Educational Background and Business Experience: Year of Birth: 1972 Education and Designations: v B.B.S. & M.A., Finance, Trinity College Dublin v B.Sc, Financial Services, University of Manchester v Associate of the Institute of Financial Services (formerly Chartered Institute of Bankers, UK)1 v CFA Charterholder, CFA Institute2 v Chartered Alternative Investment Analyst, CAIA Association3 v Certified Financial Risk Manager, Global Association of Risk Professionals (FRM)4 Business Background (past five years): v 2015 to Present - Managing Director, Head of Fixed Income Portfolio Management Biography: Gerard Fitzpatrick is the Managing Director and Head of Fixed Income Portfolio Management for Russell Investments. He is directly responsible for managing Fixed Income funds and ultimately responsible for the performance of all of Russell Investments’ Fixed Income funds globally. Gerard sits on Russell Investments’ Global Investment Strategy Committee and Investment Leadership Team. Gerard joined Russell Investments in 2007. Disciplinary Information: There are no legal and / or disciplinary events to report for Gerard. Other Business Activities: There are no outside business activities to report for Gerard.

Supervision: Brian Meath is responsible for the supervision and oversight of Gerard. Brian is the Managing Director and Head of Portfolio Management for the Investment Division and is responsible for helping to ensure Gerard adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm's fiduciary obligations. Brian can be reached at 206.505.4466.

1 Conceived in 2008 against the backdrop of the global financial crisis, the Chartered Banker Professional Standards Board brought Chairmen and CEOs together to rebuild banking on a solid foundation of ethical professionalism. It was the UK’s first collective intervention. The Associate Chartered Banker Diploma enhances existing skills and knowledge to develop and demonstrate in depth, the core technical knowledge and key practical skills that a professional and ethical banker requires. The curriculum includes substantial coverage of technology, leadership and change, in addition to core banking knowledge. Each unit is assessed by an assignment to demonstrate application of learning at work and ensures that individuals have the knowledge to meet current and emerging regulatory requirements for the demonstration of high professional standards. 2 The Chartered Financial Analyst (CFA) designation is an international professional designation offered by CFA Institute (formerly AIMR) to financial analysts who complete a series of three examinations. To become a CFA Charterholder candidates must pass each of three six-hour exams, possess a bachelor's degree from an accredited institution (or have equivalent education or work experience) and have 48 months of qualified, professional work experience. CFA charter holders are also obligated to adhere to a strict code of ethics and standards governing their professional conduct. 3 Chartered Alternative Investment Analyst (CAIA) is a professional designation given out by the Chartered Alternative Investment Analyst Association to establish an educational standard for individuals that specialize in the area of alternative investments (such as hedge funds, venture capital, private equity and real estate investment). In order to receive the designation, individuals must have at least one year of professional experience, a U.S. bachelor's degree and must pass two levels of curriculum that include topics ranging from qualitative analysis, trading theories of alternative investments, to indexation and benchmarking. 4 The Financial Risk Manager (FRM) designation is an international professional certification offered by GARP (Global Association of Risk Professionals). Individuals must pass two four-hour exams and have at least two-years of relevant work experience. Russell Investment Management, LLC 1095 Avenue of the Americas, 14th Floor New York, NY 10036 212.702.7900

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Kerry Galvin that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Kerry Galvin, CFA Senior Consultant Investment Consulting Services Russell Investments

Educational Background and Business Experience: Year of Birth: 1975 Education and Designations: v B.S., Biology, University of Massachusetts v M.B.A., Finance and Management, Fordham University v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2019 to Present - Senior Consultant v 2015 to 2019 - Consultant

Biography: Kerry Galvin is a Senior Consultant in Russell Investments’ Americas Institutional business. Kerry provides advice to institutional clients on all aspects of their investment programs including investment policy and strategy, governance, asset allocation, asset class structure, manager selection, performance monitoring, and investment implementation. She also works closely with clients in structuring, monitoring and managing alternative investment portfolios. Kerry joined Russell Investments in 1999.

Disciplinary Information: There are no legal and / or disciplinary events to report for Kerry.

Other Business Activities: There are no outside business activities to report for Kerry.

Supervision: Rachel Carroll is responsible for the supervision and oversight of Kerry. Rachel is the Managing Director for Investment Consulting Services and oversees the advice Kerry provides to help ensure those investments are suitable for the particular client and consistent with their investment needs, goals, objectives and risk tolerance, as well as any restrictions previously requested by the client. Rachel can be reached at 206.505.4466.

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Adam Goff that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Adam Goff, CFA Managing Director, Head of Research Global Research Russell Investments

Educational Background and Business Experience: Year of Birth: 1968 Education and Designations: v B.A., Geography, Vassar College v M.A., International Studies—Japan, Jackson School of International Studies, University of Washington v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2016 to Present - Managing Director, Head of Research v 2015 to 2016 - Managing Director, Asset Allocation and Portfolio Strategy Group

Biography: Adam Goff is Head of Research for Russell Investments. He oversees all investment division research activities including investment manager research, quantitative research and development (R&D), investment strategy, asset allocation, and investment analytics. Adam is responsible for ensuring that this research yields powerful return sources and investment insights in the service of delivering superior outcomes and advice to our clients. In addition, he oversees the Investment Practice Team, which is responsible for the measurement, evaluation, articulation and continuous improvement of the firm’s investment approach. Adam joined Russell Investments in 1995.

Disciplinary Information: There are no legal and / or disciplinary events to report for Adam.

Other Business Activities: There are no outside business activities to report for Adam.

Supervision: Kate El-Hillow is responsible for the supervision and oversight of Adam. Kate is the Global Chief Investment Officer for Russell Investments. Kate can be reached at 206.505.4787.

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Michael Hall that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Michael Hall, ASA, CFA Managing Director, Head of Defined Benefit Solutions Americas Institutional Russell Investments

Educational Background and Business Experience: Year of Birth: 1967 Education and Designations: v B.A., Mathematics, University of Texas Austin v M.A.S., Georgia State University v CFA Charterholder, CFA Institute1 Business Background (past five years): v September 2017 to Present - Managing Director, Head of Defined Benefit Solutions v 2015 to August 2017 - West Division Leader, Towers Watson Investments Services Biography: Michael Hall is the Managing Director, Head of Defined Benefit Solutions and leads a team of investment professionals tasked with delivering world class service and advice to Defined Benefit plans in the United States. His areas of specialization and expertise include plan governance and investment policy review and implementation; asset allocation modeling and implementation; liability hedging benchmark construction; investment strategy development and implementation; evaluation and development of investment manager structure; and evaluation and selection of investment managers. Michael rejoined Russell Investments in 2017. Disciplinary Information: There are no legal and / or disciplinary events to report for Michael. Other Business Activities: There are no outside business activities to report for Michael. Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management.

Supervision: Bryan Weeks is responsible for the supervision and oversight of Michael. Bryan is head of Russell Investments' Americas Institutional business and oversees the advice Michael and his reports provide to help ensure those investments are suitable for the particular client and consistent with their investment needs, goals, objectives and risk tolerance, as well as any restrictions previously requested by the client. Bryan can be reached at 206.505.4466.

1 The Society of Actuaries (SOA) is a professional organization for actuaries based in North America. It was founded in 1949 as the merger of two major actuarial organizations in the United States: the Actuarial Society of America and the American Institute of Actuaries. It is a full member organization of the International Actuarial Association. The Society's vision is for actuaries to be recognized as the leading professionals in the modeling and management of financial risk and contingent events. The SOA has three overall goals: providing primary and continuing education for students and practicing actuaries, maintaining high professional standards for actuaries, and conducting research on actuarial trends and public policy issues. To attain the FSA designation a candidate must successfully complete several requirements in advanced statistics, economics, accounting and finance and modeling, and have the Application for Admission as an Associate approved by the SOA Board of Directors. Requirements include examinations, an e-Learning course, a proctored project assessment, validation of educational experiences outside the SOA Education system (VEE), and a professionalism seminar. 2 The Chartered Financial Analyst (CFA) designation is an international professional designation offered by CFA Institute to financial analysts who complete a series of three examinations. To become a CFA Charterholder, candidates must pass each of three six-hour exams, possess a bachelor's degree from an accredited institution (or have equivalent education or work experience) and have 48 months of qualified, professional work experience. CFA charter holders are also obligated to adhere to a strict code of ethics and standards governing their professional conduct. Russell Investment Management, LLC Rex House, 10 Regent Street, London, SW1Y 4PE, England

44.20.7024.6000

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Kathrine Husvaeg that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Kathrine Husvaeg, ASIP Director, Senior Portfolio Manager, Equity Global Portfolio Management - Equity Russell Investments

Educational Background and Business Experience: Year of Birth: 1976 Education and Designations: v B.B.S., University of Stirling v M.Sc., Investment Analysis, University of Stirling v Associate of the Society of Investment Professionals (ASIP)1 Business Background (past five years): v 2015 to Present - Director, Senior Portfolio Manager

Biography: Kathrine Husvaeg is a Director, Senior Portfolio Manager on Russell Investments’ Emerging Markets Equity Team, based in London. Kathrine was appointed portfolio manager in May 2014 and manages a number of Russell Investments' emerging markets equity funds. In this capacity she has responsibility for delivering on the funds’ risk and return objectives. Kathrine joined Russell Investments in 2004.

Disciplinary Information: There are no legal and / or disciplinary events to report for Kathrine.

Other Business Activities: There are no outside business activities to report for Kathrine. Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management.

Supervision: Brian Meath is responsible for the supervision and oversight of Kathrine. Brian is the Managing Director and Head of Portfolio Management for the Investment Division and is responsible for helping to ensure Kathrine adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm's fiduciary obligations. Brian can be reached at 206.505.4466.

1 The Associate of the UK Society of Investment Professionals (ASIP) designation is now part of the CFA Society of the UK. The exams were broadly equivalent to the CFA Program qualification in content and rigor. They were phased out following the merger in 2000 of the Institute of Investment Management and Research ('IIMR') and the London Society of Investment Professionals ('LSIP'), which led to the formation of CFA UK. The Association Examinations were established in 1979 with five exam papers. In 1989 this was increased to eight exam papers and the qualification upgraded to university degree level. In 1994 a final change was made to align with the development of the IMC qualification. This final iteration resulted in the qualification consisting of 6 examinations in: Economics & Applied Statistical Analysis, Securities & Investments, Interpretation of Accounts & Corporate Finance, Portfolio Management, Investment Regulation & Practice and Case Study. Russell Investment Management, LLC 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Albert Jalso that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Albert Jalso, CFA, CPA Senior Portfolio Manager Global Portfolio Management – Fixed Income Russell Investments

Educational Background and Business Experience: Year of Birth: 1967 Education and Designations: v B.S., Economics, Finance and Marketing, Duquesne University v M.S., Financial Management, Carnegie Mellon University v CFA Charterholder, CFA Institute1 v Certified Public Accountant (CPA), Commonwealth of Pennsylvania (not currently practicing) 2 Business Background (past five years): v 2016 to Present - Senior Portfolio Manager v 2015 to 2016 - Portfolio Manager Biography: Albert Jalso is a Senior Portfolio Manager for Russell Investments. Albert manages floating rate, tax-exempt and long credit fixed income strategies along with a credit-based equity strategy for the US and EMEA markets. Albert’s career with Russell Investments includes working in their London office from 2011 to 2016 when he was lead Portfolio Manager of the flagship Russell Investments' Global Bond Fund. Albert joined Russell Investments in 2007. Disciplinary Information: There are no legal and / or disciplinary events to report for Albert. Other Business Activities: There are no outside business activities to report for Albert. Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management.

Supervision: Gerard Fitzpatrick is responsible for the supervision and oversight of Albert. Gerard is the Managing Director and Head of Fixed Income Portfolio Management for the Investment Division and is responsible for helping to ensure Albert adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm's fiduciary obligations. Gerard can be reached at 206.505.4466.

1 The Chartered Financial Analyst (CFA) designation is an international professional designation offered by CFA Institute (formerly AIMR) to financial analysts who complete a series of three examinations. To become a CFA Charterholder candidates must pass each of three six-hour exams, possess a bachelor's degree from an accredited institution (or have equivalent education or work experience) and have 48 months of qualified, professional work experience. CFA charter holders are also obligated to adhere to a strict code of ethics and standards governing their professional conduct. 2 In order to become a CPA in the United States, the candidate must sit for and pass the Uniform Certified Public Accountant Examination (Uniform CPA Exam), which is set by the American Institute of Certified Public Accountants (AICPA) and administered by the National Association of State Boards of Accountancy (NASBA). Eligibility to sit for the Uniform CPA Exam is determined by individual State Boards of Accountancy. Typically, the requirement is a U.S. bachelor’s degree which includes a minimum number of qualifying credit hours in accounting and business administration with an additional 1-year study. This requirement for 5 years study is known as the "150-hour rule" and has been adopted by the majority of state boards, although there are still some exceptions (e.g. California). This requirement mandating 150 hours of study has been adopted by 45 states. Russell Investment Management, LLC 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about H. Victor (Vic) Leverett that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

H. Victor (Vic) Leverett Managing Director, Head of Alternative Investments Alternative Investments Russell Investments

Educational Background and Business Experience: Year of Birth: 1965 Education and Designations: v B.A., Accounting, Washington State University v Licensed Registered Representative, FINRA Series 7, 63, 65 Business Background (past five years): v 2015 to Present - Managing Director, Head of Alternative Investments

Biography: Vic Leverett is the Managing Director and Head of Alternative Investments for Russell Investments. Vic manages Russell Investments hedge fund, listed real asset, and private market teams to ensure the investment integrity of research and portfolio solutions. In addition, he oversees the product strategy of alternative investments globally. Vic is a member of the Investment Division Leadership Team and Investment Strategy Committee. Vic joined Russell Investments in 1988.

Disciplinary Information: There are no legal and / or disciplinary events to report for Vic.

Other Business Activities: There are no outside business activities to report for Vic.

Supervision: Kate El-Hillow is responsible for the supervision and oversight of Vic. Katie is the Global Chief Investment Officer for Russell Investments. Kate can be reached at 206.505.4787. Russell Investment Management, LLC 1095 Avenue of the Americas, 14th Floor New York, NY 10036 212.702.7900

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Albert Lim that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Albert Lim, CFA Consultant Investment Consulting Services Russell Investments

Educational Background and Business Experience: Year of Birth: 1982 Education and Designations: v B.A. (cum laude), Economics, Harvard University v M.B.A. (Dean's Honors and Distinction), Columbia Business School v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2019 to Present - Consultant v 2015 to 2019 - Senior Research Analyst

Biography: Albert Lim is a Consultant in Russell Investments’ Americas Institutional business. Albert provides advice to institutional clients on all aspects of their investment programs including investment policy and strategy, governance, asset allocation, asset class structure, manager selection, performance monitoring, and investment implementation. Albert joined Russell Investments in 2015.

Disciplinary Information: There are no legal and / or disciplinary events to report for Albert.

Other Business Activities: There are no outside business activities to report for Albert.

Supervision: Rachel Carroll is responsible for the supervision and oversight of Albert. Rachel is the Managing Director for Investment Consulting Services and oversees the advice Albert provides to help ensure those investments are suitable for the particular client and consistent with their investment needs, goals, objectives and risk tolerance, as well as any restrictions previously requested by the client. Rachel can be reached at 206.505.4466.

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Kelly Mainelli that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Kelly Mainelli Managing Director, Head of Customized Portfolio Solutions Customized Portfolio Solutions Russell Investments

Educational Background and Business Experience: Year of Birth: 1967 Education and Designations: v B.S., Finance, Merrimack College, North Andover, Massachusetts v M.B.A., Finance, University of Colorado Business Background (past five years): v 2020 to Present - Managing Director, Head of Customized Portfolio Solutions v 2015 to 2020 - Managing Director, Head of Proprietary Strategies

Biography: Kelly Mainelli is the Managing Director and Head of Customized Portfolio Solutions for Russell Investments. Kelly oversees the proprietary strategies of Russell Investments including Fixed Income, FX, equities, volatility strategies among others. Kelly is a member of Russell Investments’ Investment Strategy Committee. Kelly joined Russell Investments in 2007.

Disciplinary Information: There are no legal and / or disciplinary events to report for Kelly.

Other Business Activities: There are no outside business activities to report for Kelly.

Supervision: Kate El-Hillow is responsible for the supervision and oversight of Kelly. Kate is the Global Chief Investment Officer for Russell Investments. Kate can be reached at 206.505.4787. Russell Investment Management, LLC 1095 Avenue of the Americas, 14th Floor New York, NY 10036 212.702.7900

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Brian Meath that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Brian Meath, CFA Managing Director, Head of Portfolio Management Global Portfolio Management Russell Investments

Educational Background and Business Experience: Year of Birth: 1962 Education and Designations: v B.A., International Studies, University of Washington v Master of International Business Studies, University of South Carolina v CFA Charterholder, CFA Institute1 v Licensed Registered Representative, FINRA Series 7, 63 Business Background (past five years): v 2019 to Present - Managing Director, Head of Portfolio Management v 2016 to 2019 - Chief Investment Officer, Multi-Asset Solutions

Biography: Brian Meath is the Managing Director and Head of Portfolio Management in the Investment Division at Russell Investments. Brian has primary responsibility for the oversight of all funds of liquid asset classes managed by Russell Investments globally. Brian maintains a role in the day-to-day portfolio management responsibility for customized outsourcing solutions for large institutional clients, a series of commingled multi-asset funds, and a platform of retail mutual funds. Brian is a member of Russell Investments’ Investment Strategy Committee and Investment Leadership Team. Brian joined Russell Investments in 2010.

Disciplinary Information: There are no legal and / or disciplinary events to report for Brian. Other Business Activities: There are no outside business activities to report for Brian. Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management.

Supervision: Kate El-Hillow is responsible for the supervision and oversight of Brian. Kate is the Global Chief Investment Officer for Russell Investments. Kate can be reached at 206.505.4787.

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Marcus Muetze that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Marcus Muetze, FSA, CFA Senior Consultant Investment Consulting Services Russell Investments

Educational Background and Business Experience: Year of Birth: 1978 Education and Designations: v B.Sc., Systems and Computer Engineering, University of Guelph, ON v Fellow of the Society of Actuaries1 v CFA Charterholder, CFA Institute2 Business Background (past five years): v 2015 to Present - Senior Consultant

Biography: Marcus Muetze is a Senior Consultant in Russell Investments’ institutional business. Marcus provides advice to corporate and public fund clients on all aspects of their investment programs including governance, asset allocation, investment structure, manager selection and performance monitoring. Marcus also leads the strategic review process and asset/liability studies for his clients, leveraging off his actuarial background and knowledge of pension liabilities. Marcus joined Russell Investments in 2008. Disciplinary Information: There are no legal and / or disciplinary events to report for Marcus. Other Business Activities: There are no outside business activities to report for Marcus. Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management.

Supervision: Rachel Carroll is responsible for the supervision and oversight of Marcus. Rachel is the Managing Director for Investment Consulting Services and oversees the advice Marcus provides to help ensure those investments are suitable for the particular client and consistent with their investment needs, goals, objectives and risk tolerance, as well as any restrictions previously requested by the client. Rachel can be reached at 206.505.4466.

1 The Society of Actuaries (SOA) is a professional organization for actuaries based in North America. It was founded in 1949 as the merger of two major actuarial organizations in the United States: the Actuarial Society of America and the American Institute of Actuaries. It is a full member organization of the International Actuarial Association. The Society's vision is for actuaries to be recognized as the leading professionals in the modeling and management of financial risk and contingent events. The SOA has three overall goals: providing primary and continuing education for students and practicing actuaries, maintaining high professional standards for actuaries, and conducting research on actuarial trends and public policy issues. To attain the FSA designation a candidate must successfully complete several requirements in advanced statistics, economics, accounting and finance and modeling, and have the Application for Admission as an Associate approved by the SOA Board of Directors. Requirements include examinations, an e-Learning course, a proctored project assessment, validation of educational experiences outside the SOA Education system (VEE), and a professionalism seminar. 2 The Chartered Financial Analyst (CFA) designation is an international professional designation offered by CFA Institute to financial analysts who complete a series of three examinations. To become a CFA Charterholder, candidates must pass each of three Russell Investment Management, LLC 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Michelle Nakano that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Michelle Nakano, CFA Consultant Investment Consulting Services Russell Investments

Educational Background and Business Experience: Year of Birth: 1985 Education and Designations: v B.S., Economics, University of Washington v B.S., Biochemistry, University of Washington v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2020 to Present - Consultant v 2015 to 2019 - Senior Consulting Analyst

Biography: Michelle Nakano is a Consultant for Russell Investments’ Americas Institutional business. Michelle provides advice to institutional clients on all aspects of their investment programs including investment policy and strategy, governance, asset allocation, asset class structure, manager selection, performance monitoring, and investment implementation. Michelle joined Russell Investments in 2012.

Disciplinary Information: There are no legal and / or disciplinary events to report for Michelle.

Other Business Activities: There are no outside business activities to report for Michelle.

Supervision: Rachel Carroll is responsible for the supervision and oversight of Michelle. Rachel is the Managing Director for Investment Consulting Services and oversees the advice Michelle provides to help ensure those investments are suitable for the particular client and consistent with their investment needs, goals, objectives and risk tolerance, as well as any restrictions previously requested by the client. Rachel can be reached at 206.505.4466.

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Patrick Nikodem that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Patrick Nikodem Senior Portfolio Manager Global Portfolio Management - Equity Russell Investments

Educational Background and Business Experience: Year of Birth: 1986 Education and Designations: v B.S., Finance, Wharton v B.A., International Studies and German, University of Pennsylvania Business Background (past five years): v 2021 to Present - Senior Portfolio Manager v 2015 to 2021 - Portfolio Manager

Biography: Patrick Nikodem is a Senior Portfolio Manager on the Listed Real Assets Team at Russell Investments. Patrick is responsible for managing Russell Investments' listed real asset strategies, including global real estate securities and global listed infrastructure funds for institutional and private investors in the U.S. and Canada. Patrick joined Russell Investments in 2008.

Disciplinary Information: There are no legal and / or disciplinary events to report for Patrick.

Other Business Activities: There are no outside business activities to report for Patrick.

Supervision: Bruce Eidelson is responsible for the supervision and oversight of Patrick. Bruce is the Director, Senior Portfolio Manager of Listed Real Assets for the Investment Division and is responsible for helping to ensure Patrick adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm's fiduciary obligations. Bruce can be reached at 206.505.4466. Russell Investment Management, LLC 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about David Pedack that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

David Pedack, CFA Portfolio Manager Proprietary Solutions Russell Investments

Educational Background and Business Experience: Year of Birth: 1984 Education and Designations: v B.S., Mathematics, Pacific Lutheran University v B.A., Physics, Pacific Lutheran University v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2015 to Present - Portfolio Manager

Biography: David Pedack is a Portfolio Manager on the Proprietary Strategies Team at Russell Investments. David manages the firm’s funded option strategies and advises multi-asset clients on formulation and implementation of derivative strategies across global markets. David joined Russell Investments in 2006. Disciplinary Information: There are no legal and / or disciplinary events to report for David. Other Business Activities: There are no outside business activities to report for David. Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management.

Supervision: Kelly Mainelli is responsible for the supervision and oversight of David. Kelly is the Managing Director, Head of Customized Portfolio Solutions at Russell Investments and is responsible for helping to ensure David adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines and the firm's fiduciary obligations. Kelly can be reached at 206.505.4466.

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Mark Raskopf that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Mark Raskopf, CFA Portfolio Manager, Hedge Funds Alternative Investments Russell Investments

Educational Background and Business Experience: Year of Birth: 1971 Education and Designations: v B.A., Biology, Middleberry College v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2015 to 2020 - Portfolio Manager

Biography: Mark Raskopf is Portfolio Manager, Hedge Funds for Russell Investments. He heads coverage of tactical trading strategies including discretionary and quantitative macro, managed futures, currencies, commodities and energy. Mark joined Russell Investments in 2011 and has 20 years experience in research and portfolio management across all hedge fund strategies.

Disciplinary Information: There are no legal and / or disciplinary events to report for Mark.

Other Business Activities: There are no outside business activities to report for Mark.

Supervision: Cedric Fan is responsible for the supervision and oversight of Mark. Cedric is the Senior Director and Head of Hedge Funds for the Investment Division and is responsible for helping to ensure Mark adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm's fiduciary obligations. Cedric can be reached at 206.505.4466.

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Megan Roach that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Megan Roach, CFA Director, Senior Portfolio Manager, Equity Global Portfolio Management - Equity Russell Investments

Educational Background and Business Experience: Year of Birth: 1980 Education and Designations: v B.A., in Finance, Washington State University v M.B.A., in Investment Management, Washington State University v CFA Charterholder, CFA Institute1 Business Background (past five years): v 2015 to Present - Director, Senior Portfolio Manager, Equity

Biography: Megan Roach is a Director, Senior Portfolio Manager for Russell Investments, with primary responsibility for US equity portfolios. In this role, she is accountable for manager selection, strategic portfolio construction, and integrating the firm’s capital market insights to dynamically manage the portfolios in order to help clients achieve their objectives. Megan joined Russell Investments in 2001.

Disciplinary Information: There are no legal and / or disciplinary events to report for Megan. Other Business Activities: There are no outside business activities to report for Megan. Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management.

Supervision: Brian Meath is responsible for the supervision and oversight of Megan. Brian is the Managing Director and Head of Portfolio Management for the Investment Division and is responsible for helping to ensure Megan adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm's fiduciary obligations. Brian can be reached at 206.505.4466.

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Adam Smears that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Adam Smears, CFA Senior Director, Investment Research Fixed Income Global Research Russell Investments

Educational Background and Business Experience: Year of Birth: 1974 Education and Designations: v B.A., Joint Honours Classics and History - McGill University v CFA Charterholder, CFA Institute1 Business Background (past five years): v March 2020 to Present - Senior Director, Investment Research - Fixed Income v 2012 to 2020 - Head of Fixed Income Research

Biography: Adam Smears is Senior Director, Investment Research for Fixed Income at Russell Investments. Before joining Russell Investments, Adam spent nine years at Skandia Investment Group where he was head of investment research, covering all asset classes. Adam joined Russell Investments in 2012.

Disciplinary Information: There are no legal and / or disciplinary events to report for Adam. Other Business Activities: There are no outside business activities to report for Adam. Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management.

Supervision: Adam Goff is responsible for the supervision and oversight of Adam. Adam Goff is the Managing Director and Head of Research for the Investment Division and is responsible for helping to ensure Adam adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines as it relates to portfolio construction, asset allocation, manager selection and capital market insights, as well as the firm's fiduciary obligations. Adam Goff can be reached at 206.505.4466.

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Mike Sylvanus that supplements the Russell Investment Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Mike Sylvanus Senior Consultant Investment Consulting Services Russell Investments

Educational Background and Business Experience: Year of Birth: 1955 Education and Designations: v B.A., Engineering, Harvard College v B.S., Environmental Engineering, Harvard College Business Background (past five years): v 2015 to Present - Senior Consultant

Biography: Mike Sylvanus is a Senior Consultant for Russell Investments’ Americas Institutional business. Mike provides advice to large institutional fund clients on investment policy and strategy, asset allocation, asset class structure, manager selection and performance measurement and analytics. For more than seventeen years, Mike was a senior member of Russell Investments' Research and Strategy Group where his primary responsibility was to develop and interpret asset/liability models to help institutional clients determine the appropriate allocation of assets. Mike joined Russell Investments in 1987.

Disciplinary Information: There are no legal and / or disciplinary events to report for Mike.

Other Business Activities: There are no outside business activities to report for Mike.

Supervision: Rachel Carroll is responsible for the supervision and oversight of Mike. Rachel is the Managing Director for Investment Consulting Services and oversees the advice Mike provides to help ensure those investments are suitable for the particular client and consistent with their investment needs, goals, objectives and risk tolerance, as well as any restrictions previously requested by the client. Rachel can be reached at 206.505.4466. Russell Investment Management, LLC 1301 Second Avenue, 18th Floor Seattle, WA 98101 206.505.7877

FORM ADV PART 2B – BROCHURE SUPPLEMENT This Brochure Supplement provides information about Nick Zylkowski that supplements the Russell Investments Management, LLC (“RIM”) Brochure. You should have received a copy of that Brochure. Please contact 206.505.4466 or [email protected] if you did not receive the Brochure or if you have any questions about the contents of this supplement.

Nick Zylkowski, CFA Director, Proprietary Strategies, Equity Customized Portfolio Solutions Russell Investments

Educational Background and Business Experience: Year of Birth: 1985 Education and Designations: v B.A., Mathematical Economics, Pacific Lutheran University v CFA Charterholder, CFA Institute1 v Licensed Registered Representative, FINRA Series 7, 66 Business Background (past five years): v March 2020 to Present - Director, Proprietary Strategies, Equity v 2015 to February 2020 - Senior Portfolio Manager Biography: Nick Zylkowski is Director, Proprietary Strategies, Equity for Russell Investments. Nick’s primary responsibilities are managing systematic and quantitative equity portfolios. In this role, Nick has experience in managing all investment strategies within the direct equity management group, with particular expertise in factor based strategies and optimized portfolios. This includes development of investment strategies, portfolio rebalancing, and ensuring investment processes are in place to meet the evolving needs of Russell Investments’ clients. Nick has been in portfolio management roles since 2010. Nick joined Russell Investments in 2005. Disciplinary Information: There are no legal and / or disciplinary events to report for Nick. Other Business Activities: There are no outside business activities to report for Nick. Additional Compensation: Russell Investments’ Supervised Persons remuneration is comprised of base salary (fixed pay) and discretionary incentive (variable pay). Base salary is specific to the role and determined by market pay ranges and internal budget. Discretionary incentive is an annual bonus awarded based on individual, firm, and business unit performance. Additionally, Russell Investments provides equity awards to Supervised Persons in senior positions. Remuneration is not affected by an increase in fund or client assets under management.

Supervision: Kelly Mainelli is responsible for the supervision and oversight of Nik. Kelly is the Managing Director, Head of Customized Portfolio Solutions at Russell Investments and is responsible for helping to ensure Nik adheres to policies and procedures designed to assure that advice is consistent with our clients' agreed upon investment objectives and guidelines and the firm's fiduciary obligations. Kelly can be reached at 206.505.4466.