9AT: PETRA CAPITAL MANAGEMENT, INC.

PETRA CAPITAL MANAGEMENT, INC.

PETRA CAPITAL MANAGEMENT, INC.

Adviser Profile

As of Date	07/09/2026
Registration	SEC, Approved, 07/16/2015
ADV Location	SEOUL, Korea, South
Contact Info	+82 xxxxxxx
Websites

AUM^*	1,755,045,360 166%
of that, discretionary	1,755,045,360 178%
Number of Employees	13 8%
of those in investment advisory functions	8
Private Fund GAV^*	0
Avg Account Size	109,690,335 348%
% High Net Worth	6.25% -87%
SMA’s	Yes
Private Funds	0

Adviser Type

- Large advisory firm
- Outside the United States

Client Types

- High net worth individuals
- Pooled investment vehicles
- Pension and profit sharing plans
- Charitable organizations
- Insurance companies
- Sovereign wealth funds and foreign official institutions
- Corporations or other businesses not listed above

Advisory Activities

- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Reported AUM

730M 625M 521M 417M 313M 208M 104M

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Brochure Summary

Overview

Petra Capital Management, Inc. (“Petra” or the “Adviser”) was co-founded by two managing partners, Messrs. Albert H. Yong and Chan H. Lee (who have over 40 years of combined financial/functional/relevant experience working in Korea) and registered as an investment management company with the Financial Services Commission of Korea (the “FSC”) since August 2009. The Adviser mostly manages clients’ assets in the form of separately- managed discretionary accounts investing in Korean equities. The Adviser is also licensed by the FSC to manage private funds open to certain qualified investors. The investment objective of the Adviser for its clients is to generate attractive long-term risk-adjusted returns in excess of a hurdle and preserve capital by investing in securities that it believes are undervalued. The Adviser will seek to achieve the investment objective by investing clients’ assets in publicly-traded Korean securities on the Korean stock market that are undervalued and selling at a significant discount to intrinsic value. The Adviser employs a disciplined deep value investing approach to seek to earn

superior returns with limited volatility. The Adviser invests only in a few competitive businesses with strong free cash flow generation, high returns on capital and managements with economic ownership and/or aligned incentives. The Adviser believes that historical norms in valuations based on earnings and cash flow will continue to win out in the long run. The Adviser bases its investment decisions on detailed, research-based analysis and thorough due diligence. Its investment processes are designed to incorporate risk management to every investment decision, using both qualitative and quantitative approaches. As of the end of May 2023, the Adviser’s total assets under management are approximately US$459 million (US$403 million of which are managed by the Adviser on a discretionary basis). In general, the Adviser does not permit clients to impose limitations on the investment activities of the Adviser; however, specific investment guidelines and restrictions for certain separately-managed accounts may apply, subject to negotiation with clients.