Tranche Update on Silvercrest Asset Management Group Inc.'s Equity Buyback Plan announced on July 29, 2021.

Silvercrest Asset Management Group Inc. is a full-service wealth management company. The Company operates through the investment management industry segment. The Company is focused on providing financial advisory and related family office services to high-net-worth individuals and institutional investors. It offers a suite of complementary and customized family office services for families seeking comprehensive oversight of their financial affairs. The Company's is engaged in advising its clients on traditional investment strategies focused on equities, fixed income and cash as well as non-traditional investment strategies including hedge funds, private equity funds, real estate and commodities. In addition to its investment capabilities, the Company also provides its clients with family office services and related administrative services, which include financial planning, tax planning and preparation, partnership accounting and fund administration, and consolidated wealth reporting.