Fidelity Management Trust Company

Your plan(s) invest in one or more products established under the Fidelity Group Trust for Employee Benefit Plans, trusteed and managed by Fidelity Management Trust Company (“FMTC”).

Our Investment Management Business and Policies (OBP), as of October 31, 2025, is available here for your reference. This document describes FMTC's investment management policies and supplements the information previously provided to you, including brokerage practices, proxy voting, fees and compensation, agreements, and other related materials. There will be no material change in investment or business strategy due to any of the updates included in this document.

The Pools use the Global Investment Performance Standards (GIPS ®). GIPS are globally accepted standards considered industry best practice for investment performance reporting and presentation. GIPS composite performance data for each of the Pools is available as of September 30, 2025, at the links below. The naming convention of the relevant composite aligns with the name of each commingled pool.

The relevant composite information for the FMTC stable value pools can be found at the links below:

These updates are informational only and no action is required.