General Marble Point Credit Management LLC (“Marble Point” or the “Firm”) has been registered with the SEC as an investment adviser since August 2016. Marble Point provides investment advisory and/or collateral management services to (1) a closed-ended collective investment scheme listed on an international securities exchange outside of the United States, (2) other forms of investment vehicles, including loan accumulation facilities and collateralized loan obligation vehicles (“CLOs”, along with the investment vehicles referenced in clauses (1) and (2) hereof, collectively, “Pooled Accounts”), and (3) separately managed accounts (collectively with the Pooled Accounts, the “Accounts”). Marble Point may from time to time provide both discretionary and non-discretionary investment advisory services to Accounts. The Accounts to which Marble Point provides investment advisory services invest primarily in U.S. senior secured, non-investment grade bank loans (e.g., in the case of a loan accumulation facility or CLO) or securities issued by CLOs managed by Marble Point, or a combination of the two. Generally, CLOs are securitization vehicles that pool portfolios of primarily below investment grade U.S. senior secured bank loans. Loan accumulation facilities are short to medium-term facilities often provided by the bank that will serve as the placement agent or arranger on a future CLO transaction. Loan accumulation facilities and CLOs are vehicles structured to use leverage, although Marble Point as the manager does not employ other leverage in connection with the management of such Accounts. While Marble Point does not currently do so, depending on an Account’s particular investment mandate, Marble Point may also from time to time provide investment advisory services with respect to other types of investments. Marble Point’s investment strategies are described further under “Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss”. The documentation governing Accounts include offering circulars, private placement memoranda, management agreements, indentures, subscription agreements, and other agreements with Accounts, side letters or similar arrangements with investors, and certain other documents (collectively, “Account Documents”). Account Documents generally contain, among other things, investment guidelines, restrictions and tests regarding the type of investments and overall composition of an Account’s investment portfolio (such as diversity, ratings, concentration, etc.) and the Firm’s role and authority. Except in the case of a separately managed account, investment guidelines for Accounts are not tailored to the individual needs of any particular Account or investor. Nevertheless, certain investors and stakeholders can be expected to influence Account investment criteria or portfolio guidelines. Marble Point was founded by Eagle Point Credit Management LLC (“Eagle Point”) and Thomas Shandell, the Firm’s Chief Executive Officer and Chief Investment Officer, in March 2016 as an indirect, wholly-owned subsidiary of Eagle Point. On January 12, 2023, Investcorp acquired Marble Point, resulting in Marble Point becoming a member of the Investcorp group of companies with Marble Point now being 100% directly owned by Investcorp International Holdings Inc. ("IIHI"), which is part of the Investcorp Group of companies. The Investcorp Group effectively operates as a management-controlled group, substantially all whose assets and operations are owned and controlled by Investcorp S.A., a company domiciled in the Cayman Islands. Certain of the Investcorp Group’s directors and senior executive officers have the ability to indirectly control Investcorp S.A. Marble Point and its personnel carry out the Firm’s advisory business either directly or indirectly through one or more subsidiaries of the Firm. As of the date of this Brochure, Marble Point has two such indirect subsidiaries which act as collateral managers to CLOs—MP CLO Management LLC and Marble Point CLO Management LLC (together, the “Relying Advisers”, and where the context so requires, the terms “Marble Point” and the “Firm” refer to Marble Point Credit Management LLC and the Relying Advisers collectively). Marble Point provides personnel and services to the Relying Advisors pursuant to a staffing and services arrangement. Each of the Relying Advisers is registered as an investment adviser with the Securities and Exchange Commission as a “relying adviser” of Marble Point and, as such, is each listed on a Schedule R to Marble Point’s Form ADV Part 1A. Each Relying Adviser is a wholly owned subsidiary of MP CLOM Holdings LLC, a Delaware limited liability company of which Marble Point serves as the managing member. MP CLOM Holdings LLC’s other member is MPLF Retention I Ltd., a Cayman Islands exempted company that is a wholly owned subsidiary of Marble Point Loan Financing Limited, a Guernsey domiciled closed-end investment company listed on the Specialist Fund Segment of the London Stock Exchange. About this Brochure Investors and other recipients should be aware that while the Brochure includes information about Pooled Accounts

advised by Marble Point, as necessary or appropriate, the Brochure should not be considered to represent a complete discussion of the features, risks or conflicts associated with any Pooled Account. More complete information about a Pooled Account will be included in such Pooled Account’s Account Documents. To the extent that there is a conflict between disclosure herein and similar or related disclosures in Account Documents, the terms of the Account Documents shall govern and control. In no event should this Brochure be considered to be an offer of securities or interests in any Pooled Account or relied upon in determining to invest in any Pooled Account. It is also not an offer of, or agreement to provide, advisory services directly to any recipient. Rather, this Brochure is designed to provide information about Marble Point for the purpose of compliance with Marble Point’s obligations under the U.S. Investment Advisers Act of 1940, as amended (the “Advisers Act”). Accordingly, the Brochure responds to relevant regulatory requirements under the Advisers Act, which may differ from the information provided in an Account’s Account Documents. To the extent that there is any conflict between discussions herein and similar or related discussions in any Account Document, the Account Document shall govern. Advisory Agreements and Pooled Accounts Marble Point generally enters into a separate investment advisory agreement (or similar agreement, such as a collateral management agreement) with each Account that it manages and each such Account is managed in accordance with the investment objectives, strategies, restrictions and guidelines communicated to Marble Point by the applicable client, as such terms are set forth in the applicable agreement or other Account Document. In this respect, each Pooled Account is managed by Marble Point in accordance with the investment objectives, strategies, restrictions and guidelines set forth in the Pooled Account’s Account Documents. Because Marble Point only provides investment advice to a Pooled Account in accordance with the Pooled Account’s Account Documents, Marble Point does not provide individualized advice to the investors in such Pooled Account (and an investment in a Pooled Account does not, in and of itself, create an advisory relationship between the investor and Marble Point). Each investor must consider for itself whether a Pooled Account meets the investor’s investment objectives and risk tolerance before investing. Marble Point (or an affiliate) is not restricted from entering into separate agreements, commonly referred to as “side letters,” or other similar agreements or arrangements with one or more different investors in a Pooled Account in connection with such persons’ investment in the Pooled Account (or otherwise) without the approval of any other investor therein. These agreements generally have the effect of establishing rights under, or supplementing the terms of, a Pooled Account’s Account Documents with respect to that investor in a manner more favorable than those applicable to other investors. The rights or terms in any such side letter or other similar agreement may include, without limitation (1) reporting obligations relating to information concerning the applicable Pooled Account, (2) waiver of certain confidentiality obligations, (3) reduction of fees applicable to such investor, (4) waiver of certain restrictions on the ability of the investor to withdraw or transfer all or part of its investment, (5) rights or terms necessary in light of particular legal, regulatory or public policy characteristics of an investor, or (6) the ability to co-invest alongside an Account in certain underlying investments. Certain investors that have the benefits of a “most favored nation” provision are given the opportunity to elect the rights and terms in any side letter or other similar agreement that are applicable to other investors in the same Pooled Account. As a result, some investors are expected to have more favorable investment terms, including those relating to fees, information and liquidity, than others. If Marble Point were to grant increased liquidity to an investor, particularly where such an agreement is accompanied by enhanced information about a Pooled Account’s operations or investments (often referred to as “transparency rights”), other investors could be disadvantaged. Marble Point, in its sole discretion, may offer more favorable terms (e.g., lower investment minimums, or reduced or eliminated fees) to its personnel, related persons or others, including with respect to dedicated vehicles that invest in or alongside a Pooled Account. Similarly, one or more Accounts managed by Marble Point that pursue the same or a substantially similar strategy as a Pooled Account may have different terms, including different fee arrangements and/or terms similar to those described above, than the relevant Pooled Account. Management of Client Assets Marble Point had approximately $7.8 billion in discretionary regulatory assets under management and no non-discretionary regulatory assets under management as of December 31, 2022.