A. GeneralDescriptionofAdvisoryFirm. Homestead Capital USA, LLC (“Homestead”) is a Delaware limited liability company. The principal place of business is in San Francisco, CA. Homestead was formed in July 2012. Gabe Santos and Daniel Little are the principal owners of Homestead, with each owning a 50% interest in Homestead. B. DescriptionofAdvisoryServices Homestead provides discretionary investment advisory services to private investment funds, all of which are Delaware limited partnerships: Homestead Capital USA Farmland Fund I, L.P., Homestead Capital USA Farmland Fund I AIV, L.P. (collectively, “Fund I”), Homestead Capital USA Farmland Fund II, L.P., Homestead Capital USA Farmland Fund II AIV, L.P. (collectively, “FundII”), Homestead Capital USA Farmland Fund III, L.P. (“FundIII”) and Homestead Capital USA Farmland Fund IV, L.P. (“FundIV”, and together with Fund I, Fund II, and Fund III, the “Funds,” or the “clients”). The Funds are exempt from registration under the Investment Company Act of 1940, as amended (the “CompanyAct”). Affiliates of Homestead, Homestead Capital USA Farmland Fund I GP, L.L.C. (the “Fund I General Partner”), Homestead Capital USA Farmland Fund II GP, L.P. (the “Fund II General Partner”), Homestead Capital USA Farmland Fund III GP, L.P. (the “Fund III General Partner”, and Homestead Capital USA Farmland Fund IV GP, L.P. (the “Fund IV General Partner”, together with the Fund I General Partner, the Fund II General Partner, and the Fund III General Partner, the “GeneralPartners”) serve as the general partners of Fund I, Fund II, Fund III and Fund IV respectively. Homestead may provide discretionary investment advisory services to other private investment funds in the future. Homestead generally invests the Funds’ assets to opportunistically acquire farmland located throughout the United

States. The Funds seek to generate attractive risk-adjusted returns through cash yield driven by rental income, interest income and capital appreciation of the underlying land value over the investment holding period. Additional information about the investment objectives and strategy of the Funds are set forth in the Confidential Private Placement Memorandums (including any supplements thereto) for Fund I, Fund II, Fund III and Fund IV (the “PPMs”). All capitalized terms used but not defined herein shall have the meaning ascribed to such term in the PPMs. In addition, the Funds and the General Partners (without any further act, approval or vote of any partner in the Funds) have entered into side letters or other similar agreements with certain limited partners in the Funds (and may do so in the future) that have the effect of establishing rights under, or altering or supplementing the terms of, the Fund partnership agreements, including but not limited to membership on the Fund’s Advisory Board, co- investment rights, limited partners’ ability to disseminate Confidential Information in accordance with legal requirements and Eleventh Amendment immunities protections. Homestead may in the future establish separately managed accounts which tailor their investment objectives, guidelines, restrictions, terms and/or fees to the specific needs of the client. Such investment objectives, fee arrangements and terms will be individually negotiated. C. IndividualizedClientAdvisoryServices Homestead does not tailor its advisory services to the individual needs of Fund investors. D. WrapFeePrograms. Homestead does not participate in any wrap fee programs. E. ClientAssetsUnderManagement. As of December 31, 2023, Homestead had approximately $1,768,422.962 of discretionary client regulatory assets under management.