AllianceBernstein

AB announced the launch of three new active equity ETFs on the New York Stock Exchange in March 2023. This new suite of ETFs complements AB’s active fixed income ETFs, NYSE: YEAR and NYSE: TAFI, which launched in October 2022. AB’s new active ETFs include: • [NYSE: LOWV]: The AB US Low Volatility Equity ETF is an actively managed ETF whose objective is capital appreciation with an emphasis on lower volatility compared to the broader US equity market. • [NYSE: HIDV]: The AB US High Dividend ETF is an actively managed ETF that seeks to provide current income as well as long-term growth of capital. In pursuing the fund's objective, AB utilizes a systematic approach to identify attractive US companies that pay dividends and have the potential for long-term capital generation. The fund may also invest in non-dividend paying companies. • [NYSE: FWD]: The AB Disruptors ETF is an actively managed ETF that seeks long-term growth of capital by investing in a global portfolio of equity securities. In pursuing the fund's objective, AB seeks to invest in "disruptive" innovation leaders.

Investor’s Business Daily, in partnership with TechnoMetrica, released their third annual report, naming AllianceBernstein No. 6 on their list of the ‘Top 25 Most Trusted Financial Companies’ for 2022. This is the firm’s first appearance on the Top 25 list, being named 6th overall and 3rd for ETF/Fund Companies for 2022. More than 6,500 consumers were surveyed in two polls conducted during June and July. Companies in eight different business categories were surveyed including ETF/fund companies, online brokerages, wealth managers, credit card companies, banks, and auto, home and life insurers. AllianceBernstein received an overall trust score of 77.9, with the No. 1 spot earning an 85.3. The six qualities consumers selected as most important were: • Quality of products and services. • Ethical business practices and values. • Commitment to protecting the privacy and security of personal data. • Company's service/treatment of others. • Fair prices/fees for products and services. • Sensitivity to customer needs in the current economic and financial climate