26 | CHART 19 The outlook for 2024 is very positive with 84% of advisors saying that they expect to see an increase in their gross sales. While it was initially feared that the boom in the industry in 2022 was a post- COVID, “revenge” travel phase, there are reports that reflect otherwise. Consumers spent $214 billion on summer travel in 2023, and this is expected to only rise in 2024. 10 ADVISOR’S PROFILE 10 https://www.seattletimes.com/life/travel/pandemic-revenge-travel-is-still-on-the-forecast-for-2024/ ANNUAL GROSS SALES, 2024 VS. 2023 (SHARE %) Up 100% or more Up 50-99% Up 20-49% Up 1-19% No change Down 1-20% Down 21% or more 40% 12% 21% 14% 8% 3% 1%