John Scott Ellspermann

Name: Waypoint Mutual Position: Board Director Nature: Waypoint Mutual, previously Midwest Builders' Casualty, is a regional expert in workers' compensation insurance for construction, manufacturing, and other industries with similar exposure. They pride ourselves on formulating long-term partnerships with our policyholders. They offer quick access to decision-makers and personalized service from a consistent, experienced team Investment Related: yes Hours: This would be a 2 hour a Quarter commitment outside of Nuveen hours. Securities Trading Hours: N/A Start Date: 1/1/2025 Address: 1100 Walnut St., Suite 3000 Kansas City, MO 64106 Description:As a director of Waypoint Mutual, I would serve as a fiduciary of the mutual insurance company, providing oversight and direction to the management team. As a highly regulated insurance company, they are required to have a board of directors and regularly report on business activities. Directors approve rate filings, the purchase of reinsurance, territory growth/expansion, set agency commission levels, review operating results. Directors do not get involved in the day-to-day activities of our business, that is delegated to the executive team and staff. Directors typically meet four times a year and will occasionally meet virtually for issues that arise and need to be addressed. This position would not be identifying or approving investment activity. As a member of the audit and investment committee you will be provided reports on our current investment managers from our independent investment monitor and will be asked periodically to give input on the company's investment policy with any recommendations for change going back to the full board of directors. None of the directors are asked to identify, recommend, or approve individual investments or investment managers - they utilize a 3rd party to assist with investment manager selection.