B Local

Build

• Commit to working with Constantine Construction and maintaining our historical record that 80% or more of our vendors for our next major construction project at 901 S. Bond St. will be from Baltimore City, across all disciplines of construction.

Year One Progress: Spent 80 percent of construction-related spend with vendors in the Greater Baltimore area.

Year Two Progress: Spent more than 85 percent of construction-related spend for the 2017 renovations with vendors in the Greater Baltimore Area.

Year Three Progress: Spent 81 percent of construction-related spend with vendors in the Greater Baltimore area and continued to work with Constantine Construction for building renovations.

Year Four Progress: Spent 80 percent of construction-related spend with vendors in the Greater Baltimore area for renovation and construction projects at the Baltimore office.

Year Five Progress: No update.

• Maintain that future construction projects at our Baltimore location will abide by this 80% standard.

Hire

• Strive toward the goal that more than 50% of our colleagues working in the Baltimore office will be domiciled in Baltimore City by the year 2018.

Year One Progress: 33 percent of current employees are domiciled in Baltimore City.

Year Two Progress: As of March 2018, 43 percent of our colleagues working in the Baltimore office were domiciled in Baltimore City – up from 34 percent in March 2017. We will strive toward a goal of more than 50 percent by 2020. In 2017, we partnered with five local apartment communities to incentivize colleagues to become or remain city residents and we have partnered with Baltimore City to offer credit to colleagues who are first-time home buyers in the city.

Year Three Progress: Overall in 2018, 42% of our colleagues working in the Baltimore office lived in Baltimore City.

Year Four Progress: Consistent with the year prior, in 2019, 42% of our colleagues working in the Baltimore office lived in Baltimore City.

Year Five Progress: No update.

• Hire interns from local schools.

Year One Progress: Hired 9 interns from local schools.

Year Two Progress: Hired 14 interns from local schools.

Year Three Progress: Hired 16 interns from local schools.

Year Four Progress: Hired 22 interns from local schools.

Year Five Progress: No update.

Buy

• Examine the possibility of going local with all future vendor choices and swaps specifically related to our Baltimore location.

Year One Progress: Spent more than 80 percent of eligible spending, including food service, facilities, and certain marketing-related expenses, with vendors in the Greater Baltimore area.

Year Two Progress: Continued to maintain 80 percent of eligible spending with Baltimore vendors.

Year Three Progress: Continued to maintain 80 percent of eligible spending with Baltimore vendors in the Baltimore office.

Year Four Progress: We continue to maintain over 80% of spend for food service for various meetings, events, and celebrations at local Baltimore businesses and restaurants.

Year Five Progress: No update.

• Make the effort to swap non-Baltimore vendors for Baltimore City vendors, especially in the Catering and Food Service category.

Year One Progress: Continuing efforts to buy local.

Year Two Progress: No update.

Year Three Progress: No update.

Year Four Progress: No update.

Year Five Progress: No update.

Direct Investment

• In 2016, Brown Advisory commits to exceeding $790,327 donated in 2015 to organizations specifically based in Baltimore City.

Year One Progress: Exceeded goal of donating more than $790,327 to organizations specifically based in Baltimore City.

Year Two Progress: Contributed $841,929 to organizations specifically based in Baltimore City in 2017.

Year Three Progress: No update.

Year Four Progress: No update.

Year Five Progress: No update.