Item 5 – Additional Compensation ................................................................................................................. 21 Item 6 – Supervision ....................................................................................................................................... 21 Ranger Global Real Estate Advisors, LLC (“RGREA”, “Ranger” or the “Firm”) is a Delaware Limited Liability Company formed on June 9, 2016 that is registered as an investment adviser with the U.S. Securities and Exchange Commission (“SEC”). The firm maintains offices in Colorado and New York. RGREA advises institutional clients on the potential opportunities and benefits of investing in income- producing global real estate through the ownership of publicly-traded real estate investment trusts (REITs) and real estate operating companies (REOCs). RGREA provides investment management services to its advisory clients, which are comprised of various pooled investment vehicles, including mutual funds, as well as separate accounts. The Firm provides these services in accordance with the prospectus, separate advisory agreement, investment management agreement, portfolio management agreement, asset management agreement or sub- advisory agreement (each, an “Advisory Agreement”) applicable to the client. RGREA serves as sub-adviser to Easterly Global Real Estate Portfolio (“JARIX”), and Knights of Columbus Real Estate Fund (“KCRIX”), investment companies registered under the Investment Company Act of 1940. Collectively, JARIX and KCRIX may be referred to as the “Funds.” RGREA also serves as the adviser or sub-adviser to various institutional separate account clients. RGREA may serve as a sub-adviser or investment

adviser to other privately-offered investment vehicles formed as limited partnerships, limited liability companies or offshore corporations. These privately-offered investment vehicles are not made available to the general public and are not registered investment companies. In addition, RGREA may serve as investment manager to collective investment trusts (“CITs”), pooled investment funds that are administered by banks and trust companies and are offered exclusively to qualified retirement plans. Clients may impose certain restrictions and limitations in the Advisory Agreements. For pooled investment vehicles, investment advice is provided directly to such vehicles, subject to the discretion and control of the vehicle’s general partner (or analogous party), and not to the individual needs of the investors. Investment restrictions of the pooled investment vehicles, if any, are generally established in the organizational or offering documents of the applicable vehicle, or in the Advisory Agreements and/or side letter agreements negotiated with investors in the applicable pooled investment vehicle. For separate account clients, investment advice is provided directly to the client, subject to the direction and control of the client. Separate account clients may impose investment guidelines and/or restrictions that will be considered in managing the accounts. Such restrictions, if any, are generally established in the organizational documents of the applicable client or in the Advisory Agreements with the client. The Firm currently does not participate in wrap fee programs. As of December 31, 2022, the Firm has approximately One Billion Six Hundred and Fifty Five Million Dollars ($1,655,000,000) in assets under management on a discretionary basis. RGREA does not manage assets on a non-discretionary basis.