MSRB Rule G-10 – Investor Education and Protection Disclosure

First Public, LLC is registered with the U.S. Securities and Exchange Commission
(“SEC”) and the Municipal Securities Rulemaking Board (“MSRB”). As such, First
Public, LLC is subject to the regulations and rules on municipal securities activities
established by the SEC and MSRB. The website for the MSRB is www.msrb.org. Note that in addition to having educational material about the municipal securities market, the MSRB website has an Investor Brochure that describes the protections that may be provided by the MSRB rules and how to file a complaint against First Public, LLC or a First Public, LLC representative.