Business Continuity Statement

Banc Investment Group is responsible for creating and maintaining business continuity plans for its business. In the event of a business disruption, we have plans designed to allow us to continue operations of critical business functions. We accomplish this in part by:

• Relocating impacted businesses to designated recovery locations.
• Using redundant processing capacity at other locations.
• Designing our technology and systems to support the recovery processes for critical business functions.
• Using business and technology teams that are responsible for activating and managing the recovery process.
• Adopting a communication plan to ensure that Banc Investment Group employees receive emergency notifications and instructions via telephone contact.

As part of our plans, Banc Investment Group has identified the applications that are critical to each of our business lines. In most cases, recovery times will range from nearly instantaneous to approximately four hours. For some business functions, next-day recovery is projected.

With regard to client assets, all securities are held by our clearing firm, Bear Stearns Securities Corp., and as such, are not at risk in the event of a business disruption. Ownership of the securities is reflected on a book-entry record-keeping basis with clearing firm, maintaining on their records the positions of our customers

Although we have taken significant steps to develop and implement sound business recovery plans, we cannot guarantee that systems will always be available or recoverable after a disaster or significant business disruption. However, we believe that our planning for such events is consistent with many of the best practices established within the industry. Any material changes to the above information will be available on our website or upon request.

If you have further questions regarding our business continuity plans, please contact Banc Investment Group at (877) 777-0412.