A. Creation Investments Capital Management, LLC is a Delaware corporation formed in August 2008, founded by Patrick Fisher, its Managing Partner. Creation Investments is principally owned by Mr. Fisher and other members of the Senior Investment Team. The Firm was established to make private equity and private credit investments in financial services companies located in the developing world which seek to generate competitive financial returns and measurable social impact. B. As an investment adviser, Creation Investments provides investment advisory services to pooled investment vehicles (each a “Fund” or “Funds”). The Firm primarily utilizes private equity (including early, growth, and mature stages) and private credit strategies investing in companies that provide innovative financial services in emerging markets. Creation Investments’ investment strategy is to invest in financial services firms which provide compelling products and services for the unbanked and underbanked. The Funds target companies that can scale to create both competitive financial returns and a sustainable social impact. The Firm also permits limited partners and third parties to invest with a Fund through a co-invest vehicle or separately managed account. The Firm manages these separate co-invest vehicles and separately managed accounts (together, the Funds, co-invest vehicles, and separately managed accounts will be referred to herein as “Clients”). These advisory services may be tailored based on each Client’s needs pursuant to a written investment management agreement. The investment strategies of the Firm’s co-investment vehicles and separately managed account clients are substantially the same as those described above for

the Funds. In addition, the Firm may also permit certain limited partners and third parties to invest alongside a Fund, co-invest vehicle or separately managed account directly into a portfolio company. Unlike the co-invest vehicles and separately managed accounts, these direct investments into a portfolio company by a limited partner or third party are not considered Clients of the Firm. C. Creation Investments does not tailor advisory services to the individual or particular needs of the investors in the Clients. Such investors accept the terms of advisory services as set forth in each Client’s confidential private offering memorandum, limited partnership agreement, and/or operating agreement as applicable (“Offering Documents”). The Firm expects to have broad investment authority with respect to the Clients and, as such, investors should consider whether the investment objectives of the Clients are in line with their individual objectives and risk tolerance prior to investment. As described above, the Firm also expects to manage separate co-invest vehicles and separately managed accounts. Such accounts may be tailored to the individual needs of each Client pursuant to a written investment management agreement. Although not expected, such agreements may contain restrictions on the Firm’s ability to make certain types of investments. D. Creation Investments does not participate in a wrap fee program. E. On May 14, 2014, Creation Investments registered with the SEC as an exempt reporting advisor (“ERA”). The Firm filed a final submission to the SEC as an ERA on January 5, 2016 and then filed an initial registration as a reporting advisor within 30 days of the final submission as an ERA on January 15, 2016.