Firm Description Formed in 2008, Vision Ridge Partners, LLC (“Vision Ridge”) is a private equity firm that invests in sustainable real assets. Vision Ridge seeks to capitalize on the global transition to sustainability by identifying, developing, and transforming complex assets across energy, transportation, and agriculture. Based in Boulder, Colorado, Vision Ridge also maintains an office in New York, California and London UK. Vision Ridge serves as the investment adviser for and provides discretionary investment advisory services to private funds (collectively, the “Funds”). Vision Ridge also provides discretionary investment management services to separately managed accounts (“Managed Accounts” and, together with the Funds, the “Advisory Clients”). Further, Vision Ridge manages certain employee-only investment vehicles (“Employee Investment Vehicle”) that invest with certain Funds in the same investments as the investments made by such Funds. An affiliate of Vision ridge serves as general partner of each of the Funds (the “General Partners”) with authority to make investment decisions on behalf of the Funds. The General Partners are deemed registered under the Investment Advisers Act of 1940, as amended, and the rules and regulations promulgated thereunder (the “Advisers Act”), pursuant to Vision Ridge’s registration in accordance with SEC guidance. The applicable General Partner retains investment discretion and investors in the Funds do not participate in the control or management of the Funds. While the General Partners maintain ultimate authority over the respective Funds, Vision Ridge has been designated the role of investment adviser. More information about the Funds, General Partners and Managed Accounts is available in Vision Ridge’s Form ADV Part 1. Vision Ridge performs operations, financing (tax-related or otherwise), origination, arranging, servicing, investment, advisory and/or lending business, which may be (but is not required to be) established with one or more independent third parties (an “Operations JV”). Investment Advisory Services Vision Ridge provides investment advisory services as a private equity fund manager to its Advisory Clients. The Advisory Clients invest through privately negotiated transactions in operating companies, generally referred to as “portfolio companies”, in the sustainable assets industry. Each portfolio company has its own independent management team responsible for managing its day-to-day operations, although (i) members of Vision Ridge or representatives appointed by the Firm are expected to serve on the boards of such portfolio companies and will therefore have a significant impact on the long-term direction of the company, including the selection of management team members, and (ii) in some cases, Vision Ridge will more directly influence the day-to-day management of a portfolio company by recruiting and installing certain individuals in various leadership roles, such as chief executive officer, chief operating officer, chief financial officer or in other roles. Vision Ridge’s investment advisory services to the Advisory Clients consist of investigating, identifying, and evaluating investment opportunities, structuring, negotiating, and making investments on behalf of the Advisory Clients, managing and monitoring the performance of such investments, and disposing Of such investments. Investments are made predominantly in private companies, although investments in public companies are permitted

in certain instances. Vision Ridge’s investment advice and authority for each Advisory Client is tailored to the investment objectives of that Advisory Client; Vision Ridge does not tailor its advisory services to the individual needs of investors in its Advisory Clients. The activities of each Advisory Client are described and governed by, as applicable, the private placement memorandum, limited partnership agreement, subscription agreements, investment advisory agreements, side letter agreements and other governing documents of the relevant Advisory Client (collectively, “Governing Documents”) and investors determine the suitability of an investment in an Advisory Client based on, among other things, the Governing Documents. Vision Ridge does not generally seek or require investor approval regarding each investment decision. Investors in the Managed Accounts generally invest alongside a Fund and are permitted to customize the services obtained on their behalf as well as certain other terms, such as fees and expenses. Managed Account agreements are individually negotiated. Investors in the Funds generally cannot impose restrictions on investing in certain securities or types of securities, other than through side letter agreements. Investors in the Funds participate in the overall investment program for the applicable Fund and generally cannot be excused from a particular investment except in certain circumstances pursuant to the terms of the applicable Governing Documents. In accordance with industry common practice, Vision Ridge has entered into side letters or similar agreements with certain investors including those who make substantial commitments of capital or were early-stage investors in the Funds, or for other reasons in the sole discretion of Vision Ridge, in each case that have the effect of establishing rights under, or altering or supplementing, a Fund’s Governing Documents. Examples of side letters entered into include provisions whereby investors have expressed an interest in participating in co-investment opportunities, advisory committee representation, certain fee arrangements, notification provisions, reporting requirements and “most favored nations” provisions, among others. These rights, benefits or privileges are not always made available to all investors, consistent with the Governing Documents and general market practice. Commencing in September 2024, Vision Ridge will make disclosure of certain side letters to all investors (and in certain cases, to prospective investors) to the extent required by the new Private Fund Rule. Side letters are negotiated at the time of the relevant investor’s capital commitment, and once invested in a Fund, investors generally cannot impose additional investment guidelines or restrictions on such Fund. There can be no assurance that the side letter rights granted to one or more investors will not in certain cases disadvantage other investors. Vision Ridge does not participate in wrap fee programs. Regulatory Assets Under Management As of December 31, 2023, Vision Ridge managed approximately $3.959 billion in regulatory assets under management, all on a discretionary basis. Vision Ridge does not manage any investments on a non-discretionary basis. Principal Owners/Ownership Structure Vision Ridge is majority-owned by Founding Partners Reuben Munger (indirectly through an entity under his control) and Justin Goerke. More information about Vision Ridge’s owners and executive officers is available in Vision Ridge’s Form ADV Part 1, Schedule A and Schedule B.