Final Order — Stephen Michael Cunha

Index: OFR 2026 - 359 STATE OF FLORIDA OFFICE OF FINANCIAL REGULATION In Re: STEPHEN MICHAEL CUNHA, Case Number: 138621-SR Respondent. FINAL ORDER The State of Florida, Office of Financial Regulation ("Office"), and Stephen Michael Cunha ("Cunha"), having entered into the attached Stipulation and Consent Agreement ("Agreement"), resolving and concluding this matter, it is therefore ORDERED: I. The Agreement entered into by the Office and Cunha is adopted and incorporated by reference herein as if set forth at length. 2. The parties shall comply with all provisions of the incorporated Agreement. DONE and ORDERED this IC"1- day of July, 2026, in Tallahassee, Leon County, Florida. Commissioner

CERTIFICATE OF SERVICE I HEREBY CERTIFY that a true and correct copy of the foregoing Final Order has been furnished via electronic mail to attorney for Stephen Michael Cunha, Jeff Gery, atjeff.gery@hubinternational.com on this }/Jtfay of July, 2026. Tel: ( ion 50

STATE OF FLORIDA OFFICE or FINANCIAL REGULATION In Re; Case Number: 138611-SR Respondent. fiTIPULA TION AND_ CONSENT AGR..EEMENT The State of Fioricia, Ofiice c,f Financial Regulation ("Offire"), and Respondent Stephen Michael Cunha ("Cunha"), in consideradon of the mutual promises herein,. recite, stipulate, and agree, on the lust dnte executed below, as foilo-.,s: ! , Backgr9und.,: On fa.nuary 5, 2026, the Office recei1·ed an application, via Fonn U4, Uniform Application for Secmbes !ndustry Registration, through the Centra\ Registration Depository CCR.IY'), for Cunha's registnrtbn with the Office as nn associatc·d person of Gk,bal Retirement Partners, LLC ("GRP"), a federal covered adviset·. Cunha's CRD number i~, 2442452. Upon recF.ipt of Cnnha's app!icat;on for registration, the Office stm u deficiency Jetter '.o Ct:.nha and requested docun1,~ntation re-gard!ng~ arnong other things. pos~ible unregistered im1estment advisory ht,s1ness activit')'. On A.prH 21. 2026. the Offic,,,, rece.iwd Cunha' s written statement that indicated that Cunha had been rendering investment advice in Florida since Juiy 1025, :dthout being registered v>/ith the Office as an associated person of GRP. ,, il.!!1·is1ifrHm: The OHke is the stBto;' agency charged with rhc administrarion anJ enforcement of chapter 517. Florida Statutes, and th" rult:s prmr,ufgateci the.reunder. The Office has juris<licti~1n tG initil,te m, Administ,,&tive Con:iplaint against Cunha pursuant to chapter 5 I 7, Florida Statutes, as stipulated by Crn1ha,

l:l Re: Stephen hhchnd Ctml-...3 f"ag..!-2 of6 of findings by the Office. The Office. finds that Cunha violated section 5! 7.12(3), Florida Statutm; (2025), by rendering investtnent advice, from H iocation. v,'ithln Florida, without being registered witi'i the Office as rm nssc,d:ated person of GRP. 4-. £91rsideration: TI1e. parti.es agree that the issues raised in t.11:is proceeding can be expeditiously resolved prim to tbe fi1]ng of an Administrative Complaint by their exeCllti01, of this Stipulation and Consent Agreement. The parties acknowledge ttiat they have read this Stiputation and Consent Agreen,ent and fully understand the right.s,. obligations, terms, duties, ar.d responsibilities whh respect to \ts contents. Therefore, in compromise and settlement o-fthis matter and in c-0nside,ation of thi=- Office's forbearru~ce from further litigati.on, th(,: parties agree as foilows: !:!. Cunha agrees to Cease rind Desist from ,,iclations of clmpter 517, Florida St(:l.tutes. and thl:"! Administr.:>.tive Rulcs adorned thereto. h. Cunha agrees to an imposition of arr admini.s,rativi fine against Cunha in 1.b,e amm,nt ci'SS,000. The admini~trative tine sh~ll be submit!d in lhe form of a (;c_rtifi;;,d cheek or money oitl(:r n1adt: payabtc to the "'"()fji£."·~ ofl+~'fnancitt! l(f:'!!ldf!l ll.1n_~ .. ar~d sent to Taiiaha.ssee. FL 323 i4-8050. or paid by Vfke tranm'e.,·. Cunha agrees th?.t th..:' administrative fine shall be coliectcd and deposited in accordance with se-:tion 2 l 5.3 L Florida Statutes. Cunha agn.::e~:. regarding the depn:-.it of mnni-es, that ( 1) rhe tendered -fine or settlement d1s,d: proceeds may be deposited in advance of full execution or acceptance acceptance of ch:e Stipulatinn and c·onsent ~4.greernerH absent fuI{ execution thereof and entry of the Final Order adopting sa1.ri~,-

in Ri::: S~phe,jj ~·fic~:Jd Ctu:ilia Pa.31:,3 of6 c. The Office agrees to .::ppruve Cunha's pencUng application for registration as an assocfote<l person of GRP. A,pprnvnl shall be gmnte-d upon reci:ipt of the required adminisirative fine p~:yment rm.! entry ofthc Fina! OnJe, ad0p!ing this Stipulation and Consent Agreement. fn the event lh~ Office discovers any additional adverse information concerning the pending application prior tc entry nf the Final Order, the Ofiice reserves al; lega! rights and au\horiiy lo take any «ction en the p.!nct1ng a.pplicarion as ma:· be nppropriate. Sw::h action may jnclude, but is not limited to, jssuing an Administrative Complain! based ◊n the violations cit~d abo,·e. 5. Fi.ual Ct[if.ti;: Cunha consents to the issuance by the Office ofa Fina! Order, which incoq:io1att>s the tem1s of1his Stipulation and Consent Agreement. Cunha understands and agrees that thi:;; Stipulation and Consent Agreement is subje;:-t t0 the final approva.l cf the Commissioner of the Offic-e of Financial Regu!ation and the entry of the Vinal Order adopting this Stipulation and Consent Agreement. in the event tJ'1e Firn"i Oi-der is not entered. this Stipulmio1~ and C,,:msent Agreement shall be null and void. The Flnai Order incorpernting this Stipulr,[ion and Consent enforcement pursvantto the provisions of chapt:;rs i20 and 51. 7, Florida Stat.n~~- 6. Co.nsent_l!:Qd 'Wnivcr: By Cunha·s rnnsen, to the entry of the Final Order with respect to this proceeding, Cunha knowingly and vo!:mtaril_y \Yaive~-: l:l.. ar:y right to receiv,~ ti.nther notice- ofti1is administmti.ve- action and no~ice of b. :my right w an administrnxi;"e hearing provided b} chap.:1c:; ! 20, FioriJa

ln Re: S\e',>h¢11 Miched Ctmha P::.~.c '1- ,,f C c. any requirem.:m that the Offi;::e's Fina! Orckr contain separately stated findings off act and Conci.usions: of Lo.w or a Notice of Rights~ d., any right to issuance of a recommertded order by an Administrntive La,,;,• Judge from th;;, Division of Adrr1i11i;:;!rn1ive Henrings or~ Hearing Officer from the Office; and e. any rigni to o~jeci: to or challenge in any judicial proceeding including, tut not limited. to, an appeal pursuant tc section T 20.68, fiorida Statutes. any term, condition, obligation, or duty express1y created by the Find Order. 7. Releases: 1Jpon fo1) eecntion of this Stipulation <1nd Consent .Agreement, Cunha waive::. and release~ the Office nnd it'> agents, i'epresematives. and emv!oy~es from any und di Office agrees to acc-=:pt this reieasf: on beha[fofhseifand its agents, representatives, and empt:.1ye;2s without acknowledging and expressly denying that any such cause or C'.mses cf anion may e:-'.isL 8. under the provisions of chapter 5 i 7. F /mida Statutes, or any dvi! or criminar proserntion, ari:;ing out of any facts or circumstances undisciosed or undiscovered at the time of the entry of the Final Order; or fa:ts unrelated to thls settlemtnt should further infc,nrn,tion wa..·•:rant such action. 9. failure to CO!lfPJ:r: Cunha acknowledges. concurs. and stipulates thc>,t Cunha's failure to ccmpiy whh eny 0fthe te;ms, obligatbm and con:1itions of rhi~. S;ipu!aiic:ii and Ccnsent

l.::1 R~: ,~}i.ep .. ~r-r: 11ichad Cun.ha Pa3e-$ c•f6 entered pursuant to chapters 120 an<l S-17, florida Smiutes, Such no.n-compliancc may resl1H ill the issuance of an erne,rgency Cease and De.si5t Orckr. l 0. Attornm' F:_oos: Each party herein shall be-sole[~., responsible for its attorneys' fees and costs incurred up to and ins;lucHng f:ntry of the final Order in this matter. ll. §e,,ernbiHtv: Cunha agrees that if any provision of this Stipulation and Consent A,greemeni or the appiicc1t1on thereof to ::my icrsoB or drcm:nsta.nce is held to be imalid, the invalidity shai[ not affect the remaining provisions of the Stipulation and Consent Agreement or the Fina! Order ad.opting i.t, which shall bt~ given effecr without the hwalld provision(s), arcc to this end, the provisions cf this Stipulation 2nd Consent Agr~emei!t are sf;";erabie. 1 ,. L.. agn:ernent Entire Agr~t: This Stipulation and Cons<::nt A.greement repres.:-nts the entirt by and betv,een 1;1e Office and C\mha. l\ny alterations. vari21ions. cirnnges. modification:,. or waivers of the provis10ns h-ct-eofsha!! be varid cm!y \•.fa~.n they have been reduceJ to writing:. duly si.gned by the Office and Cunha. a11d attached tv the original of this Stipuis.tion and Consent Agrn'i!menL con(iilions oflhe foregoing Stipui2tion and Consei;t Ag:reemen1. snr:~ject to finaj 2pprnYai by thi:' Commissioner of the Oflice of Financiai Regulation, by \Witten consent on the Iast Jnte en•:1;cL1ced below:

lJ·, Re: S1ephen Mich.:cl Curih~ Page6of(i STATE OF fLORfDA) COUNTY OF MANATEE) ✓ .,., BEFORE Iv1£, tbe1mdersigna:d authority, appeared Stephen Michael Cunha, by means of !B'physic«l presence or D onJine notRrizmion, who, 11pon being duiy sworn, states that he has read and understands the foregoing agreement and voluntarily signed the same. ~-----,_,,,, SWORN TO AND SUllSCRIB-ED before me tliis.3 day of 0 --J<.-f . 2026 ~-- & ~~--t:..-~- My , , C • • . ~ . ""·" Z.C).."'7 omn11sswn ex-prres: J)e t. . '--'--' , NOTARY PUBLIC Pe:csonal!y known ____ or _prQJ,1}.lcd identifica;iori. Typ~: of identification produced:~,, n l"-li>,-. ~ L..,l <.G~ OFFlCf O.F FlNANCIAL REGliLA'IH.1N -Keff~~~ - ~--- 7/15/26 Directm Divi,;ion of Securities