August Financial Holding Inc.

Co. is a holding company, through its subsidiaries, Co. is engaged in financial services, consumer services and insurance.

Co.'s subsidiary, August Financial Advisors, Inc. ("AFA") provides financial advisory services and insurance services to the New England Asian American market. AFA provides Asian American individuals and small businesses with financial planning for retirement, estate, education plans, and employee benefits. AFA also provides asset management, investment risk management, and asset allocation.

Co.'s subsidiary, August Insurance Agency, Inc., provides insurance products and services, including home and property, automobile, life, and commercial insurance for businesses, property, fire, liability, and other corporate insurance needs.