Former Perkins Investment Leaders Reach Important Milestone in Serving Clients

Oakbrook Terrace, Illinois – July 17, 2019: QSV Equity Investors is pleased to announce the third
anniversary of its Quality Value Midcap Strategy on June 30, 2019. Passing the three-year anniversary provides a
proof statement for prospective investors as they gauge the effectiveness of the firm in adding value through the
management of U.S. mid cap stock portfolios.

QSV was founded in 2016 by two veterans of small and mid-cap stock fund management, Jeff Kautz and Randy
Hughes. Kautz was previously CEO and Chief Investment Officer of Perkins Investment Management in Chicago.
Hughes served as Perkins’ Director of Research and Analytics. Kautz also served as the Co-Manager of the Janus
Henderson Mid Cap Value Fund and the Janus Henderson Value Plus Income Fund. Kautz and Hughes have
managed funds together for more than twenty years.

“Randy and I have a long history of investing together on behalf of families, institutional investors and mutual fund
shareholders,” stated QSV co-founder Jeff Kautz. Kautz added “our mission is to deliver a smoother ride for our
clients in good markets and bad; to-date, we have been able to deliver on that commitment.” Noted co-founder
Randy Hughes, “this three-year anniversary is a meaningful milestone. More importantly, it serves as the
foundation for us to continue to refine our craft and assist our clients in meeting their financial goals.”

About QSV Equity Investors 

QSV Equity Investors is a registered investment advisor headquartered in Oakbrook Terrace, Illinois. The
firm was founded in 2016 to serve investors seeking ownership of high conviction portfolios of quality small and
mid-capitalization businesses. QSV manages these portfolios of publicly traded companies for individuals, family
offices and institutions. QSV, an independent, employee-owned firm, is led by experienced professionals who
passionately invest alongside their clients. More information may be found at www.qsvequityinvestors.com.

Media Contact: Dave Mertens
QSV Equity Investors
1815 S. Meyers Road, Suite 250
Oakbrook Terrace, IL 60181
(630) 376-4392 (office)

October 19, 2017
Oakbrook Terrace, IL – QSV Equity announced today that Bill Driscoll has joined the firm as an Investment Advisor and Portfolio Manager. In this role, he will launch and manage the QSV Unconstrained Value strategy and will assist clients with their asset allocation decisions across investment classes.

Mr. Driscoll has 19 years of industry experience and 7 years of portfolio management experience overseeing all-cap equity strategies. Mr. Driscoll has a bachelor’s degree in Biology with a concentration in Environmental Science from Colby College. He has also earned the Chartered Financial Analyst designation.

Jeff Kautz, Co-Founder and CEO, commented, “We are thrilled to have Bill join QSV Equity. His investment philosophy aligns very closely with QSV’s commitment to identifying high quality companies that can earn a high return on invested capital well in excess of their cost of capital sustained through strong, durable competitive advantages. I have known Bill personally and professionally for a number of years, and am confident that our clients will greatly benefit from him joining our team”.