7 August 2026 I Glenview, IL

The board of directors of Illinois Tool Works Inc. (NYSE: ITW) has declared a regular quarterly dividend of $1.72 per common share, an increase of approximately 7% from the previous quarterly dividend of $1.61. Payment of the dividend is expected in October 2026.

For calendar year 2026, this marks the twenty-third dividend increase for the Washington Crossing Advisors Rising Dividend portfolio. All twenty-three changes were increases. The simple average dividend increase is roughly 5.9% compared with 2025 levels.

Please contact your financial advisor for a complete list of all portfolio holdings that have, in the past 12 months, increased, decreased, or had no change in dividend.

From the press release: “Illinois Tool Works Inc. (NYSE: ITW) today announced that its Board of Directors has approved a seven percent increase in the company’s regular annual cash dividend from $6.44 to $6.88 per share. The increase is effective with the fourth-quarter dividend of $1.72, which was declared today, and is payable on October 9, 2026, to holders of record at the close of business on September 30, 2026.”1

About the company: “Founded in 1912, Illinois Tool Works Inc. (NYSE: ITW) is a Fortune 300 global multi industry manufacturing leader with revenue of $16 billion in 2025. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with bestin-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 43,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. To learn more, please visit www.itw.com.1

IMPORTANT DISCLOSURES: The securities discussed herein do not represent all of the securities held by the WCA Rising Dividend Portfolio as of the date presented and are subject to change at any time, without notice. A complete list of holdings as of the date noted above will be provided upon request. The above is presented to illustrate the application of the strategy only and not intended as personalized recommendations of any particular security. The securities identified and described above do not represent all of the securities purchased, sold, or recommended for client accounts. You should not assume that an investment in any of the securities identified was or will be profitable. Changes in market conditions or a company’s financial condition may impact the company’s ability to continue to pay dividends. Companies may also choose to discontinue dividend payments. All investments involve risk, including loss of principal, and there is no guarantee that investment objectives will be met. It is important to review your investment objectives, risk tolerance and liquidity needs before choosing an investment style or manager. Equity investments are subject generally to market, market sector, market liquidity, issuer, and investment style risks, among other factors to varying degrees. Fixed Income investments are subject to market, market liquidity, issuer, investment style, interest rate, credit quality, and call risks, among other factors to varying degrees.