www.logancapital.com Logan Capital Management, Inc. Performance Results: Logan GARP (Nontaxable) Composite December 31, 1997 through March 31, 2016 Year YTD 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 Total Return Total Return Net of Fees Gross of Russell 1000 Growth (%) (%) Fees (%) 3.1% 3.4% 0.7% 1.3% 2.1% 5.7% 11.1% 12.0% 13.0% 30.6% 31.8% 33.5% 10.1% 10.7% 15.3% 0.9% 1.4% 2.6% 12.4% 12.9% 16.7% 32.2% 32.8% 37.2% -40.8% -40.5% -38.4% 7.4% 8.0% 11.8% 1.6% 2.1% 9.1% 1.1% 1.6% 5.3% 6.0% 6.6% 6.3% 21.4% 22.1% 29.8% -21.4% -21.0% -27.9% -8.5% -8.1% -20.4% 8.7% 9.2% -22.4% 13.4% 13.9% 33.2% 24.3% 24.7% 38.7% S&P 500 (%) 1.4% 1.4% 13.7% 32.4% 16.0% 2.1% 15.1% 26.5% -37.0% 5.5% 15.8% 4.9% 10.9% 28.7% -22.1% -11.9% -9.1% 21.0% 28.6% Composite Composite Russell 1000 S&P 500 Number of Dispersion Gross 3-Yr Std Growth 3-Yr 3-Yr Std Accounts of Fees (%) Dev (%) Std Dev (%) Dev (%) 3 N.M. 10.9% 11.6% 11.2% 3 N.M. 10.4% 10.7% 10.5% 4 N.M. 9.9% 9.6% 9.0% 2 N.M. 12.6% 12.2% 11.9% 3 N.M. 15.5% 15.7% 15.1% 3 N.M. 18.3% 17.8% 18.7% 2 N.M. 21.7% 22.1% 21.9% 6 0.6% 19.8% 19.7% 19.6% 7 0.4% 15.5% 16.4% 15.1% 24 0.4% 8.3% 8.5% 7.7% 34 0.5% 7.4% 8.3% 6.8% 72 0.6% 10.0% 9.5% 9.0% 85 0.7% 14.9% 15.5% 14.9% 78 2.0% 17.8% 22.7% 18.1% 64 1.6% 18.9% 25.2% 18.6% 53 1.4% 17.3% 25.2% 16.7% 42 3.4% 19.1% 22.8% 17.4% 43 2.4% N/A N/A N/A 39 4.9% N/A N/A N/A Composite 3-Yr Assets in Sharpe Composite Ratio(%) ($millions) 1.1% $0.4 1.4% $0.4 1.8% $0.9 1.1% $0.5 0.5% $0.5 0.8% $22.1 -0.2% $21.7 -0.4% $32.2 -1.1% $27.0 0.0% $221.0 0.0% $358.0 0.8% $563.0 0.0% $630.0 -0.3% $536.0 -0.6% $331.0 0.0% $356.0 0.6% $309.0 N/A $322.0 N/A $272.0 % of Firm Assets* 0.0% 0.0% 0.0% 0.0% 0.0% 1.2% 1.2% 2.1% 27.6% 48.5% 46.6% 43.2% 41.5% 41.0% 35.7% 38.0% 34.8% 39.8% 26.2% Logan Firm Assets ($millions)* $1,383 $1,398 $1,816 $2,061 $1,932 $1,873 $1,769 $1,539 $1,240 $1,658 $1,333 $1,123 $1,066 $1,006 $861 $912 $1,027 $873 $648 UMA Assets ^* $ 166 $ 207 $ 229 $ 115 $ 82 $ 21 $ 13 $ $ $ $ $ $ $ $ $ $ $ $ - Firm + UMA Assets ^ $ 1,549 $ 1,605 $ 2,045 $ 2,176 $ 2,014 $ 1,894 $ 1,782 $ 1,539 $ 1,240 $ 1,658 $ 1,333 $ 1,123 $ 1,066 $ 1,006 $ 861 $ 912 $ 1,027 $ 873 $ 648 * Percent of firm assets based on McHugh assets up until 12/31/08; starting 3/31/09 based off of Logan assets N.M. - Information is not statistically meaningful due to an insufficient number of portfolios in the composite for the entire year. N/A - Data is not available for time period. The 3 year annualized ex-post standard deviations are not presented from 1998-1999 because 36 months of returns are not available ^*UMA assets as of 2/29/16 ^Information is supplemental to a fully GIPS compliant presentation Portfolio Performance Quarter-to-Date Year-to-Date 1 Year 3 Years 5 Years 10 Years Since Inception † Total Return Total Return Russell Gross of Fees Net of Fees 1000 Growth Annualized Returns (as of 3/31/16) 3.4% 3.1% 0.7% 3.4% 3.1% 0.7% 3.9% 3.1% 2.5% 12.1% 11.2% 13.6% 10.8% 10.0% 12.4% 5.8% 5.2% 8.3% 5.4% 4.8% 5.7% S & P 500 1.4% 1.4% 1.8% 11.8% 11.6% 7.0% 6.3% †Inception of 12/31/1997 Logan GARP Nontaxable Composite contains fully discretionary accounts with assets of $100,000 or more, measured against the Russell 1000 Growth benchmark and the S&P 500. The Russell 1000 Growth Index measures the performance of the large-cap growth segment of the U.S.

equity universe. It includes those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values. It has been constructed to provide a comprehensive and unbiased barometer for the large-cap growth segment.The S&P 500 Index seeks to reflect the risk and return of all large cap companies and is also is used as a proxy for all of the total stock market.

It tracks the 500 most widely held stocks on the NYSE or NASDAQ and is widely regarded as the best single gauge of large-cap U.S. equities. The benchmarks selected include the reinvestment of dividends and income, but do not reflect fees, brokerage commissions, withholding taxes, or other expenses of investing.

These benchmarks are used for comparative purposes only and generally reflect the risk and investment style of the composite. The strategy invests in U.S. securities of large and mid-capitalization companies with a market capitalization of over $2 billion at the time of purchase. At certain times the strategy may invest a portion of an account in an index fund or an ETF.

Turnover is low, typically under 35% and holdings range between 25 to 30 positions. Only accounts paying commission fees are included. The minimum account size for this composite is $100 thousand. Logan Capital Management, Inc.

claims compliance with the Global Investment Performance Standards (GIPS®) and has prepared and presented this report in compliance with the GIPS standards. Logan Capital Management, Inc. has been independently verified for the periods April 1, 1994 through September 30, 2015 by Ashland Partners & Company LLP.

A copy of the verification report(s) is/are available upon request. Verification assesses whether (1) the firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis and (2) the firm’s policies and procedures are designed to calculate and present performance in compliance with the GIPS standards. Verification does not ensure the accuracy of any specific composite disclosure presentation. Logan Capital Management, Inc. is a privately owned registered investment adviser.

The firm maintains a complete list and description of composites, which is available upon request. Results are based on fully discretionary accounts under management, including those accounts no longer with the firm. Past performance is not indicative of future results. In presentations shown prior to December 31, 2013, an account was incorrectly included in the composite. This caused us to incorrectly report number of accounts & assets.

The time periods affected are 2010-2013. The U.S. Dollar is the currency used to express performance. Returns are presented gross and net of investment management fees and include the reinvestment of all income.

Gross of fee returns do not reflect the deduction of investment advisory fees. Gross of fee returns have, however, been reduced by all actual trading expenses. Net of fee returns are calculated net of actual investment management fees & actual trading expenses.

The annual composite dispersion presented is an asset-weighted standard deviation calculated for the accounts in the composite the entire year. Additional information regarding the policies for valuing portfolios, calculating performance, and preparing compliant presentations are available upon request. The investment management fee schedule for account over $10 million is as follows: 80 basis points on the first $25 million, 70 basis points on the next $25 million, 50 basis points on the next $25 million and 45 basis points on the $25 million thereafter. The investment advisory fees charged for accounts whose market value exceeds $100 million are negotiable.

Accounts under $10 million will be charged a flat 1.00% per annum. Actual investment advisory fees incurred by clients may vary. The Logan GARP Nontaxable Composite was created April 1, 2009. Performance presented prior to April 1, 2009 represents that of McHugh Associates. Six Coulter Avenue • Suite 2000 • Suburban Square • Ardmore, PA 19003 • 800.215.1100 • 610.642.7100 fax .