ADVISORY BUSINESS Compass Rose Asset Management, LP (“Compass Rose”) was legally formed in September 2017. The firm’s headquarters is located in New York, New York. The principal ultimate owners of Compass Rose are Brian Riano, Sean Fahey, and Jason Roche. Compass Rose is an investment adviser registered with the SEC. Compass Rose serves as the investment adviser for two private pooled investment vehicles (the “Funds”) that is offered to investors on a private placement basis and certain separately managed accounts. In this document, references to Compass Rose’s “Clients” include the Funds and any other separately managed accounts that Compass Rose is engaged to manage, as applicable. Unless otherwise expressly stated herein, the term “Clients” does not include investors. The Funds may be structured as Delaware limited partnerships, Cayman Islands exempted limited partnerships and/or Cayman Islands exempt limited companies. Compass Rose currently provides investment advisory services to the following Funds: 1. Claren Road Credit Partners, LP, a Delaware limited partnership (the “Onshore Credit Fund”); Claren Road Credit Fund, Ltd., an exempted company organized and existing under the laws of the Cayman Islands (the “Offshore Credit Fund” and with the Onshore Credit Fund, the “Credit Feeder Funds”); and Claren Road Credit Master Fund, Ltd., an exempted company organized and existing under the laws of the Cayman Islands (the “Credit Master Fund”, and together with the Onshore Credit Fund and the Offshore Credit Fund, the “Credit Funds”). Both Credit Feeder Funds invest all of their assets in the Credit Master Fund. Compass Rose GP, LLC (the “General Partner”), a Delaware limited liability company and an affiliate of Compass Rose, serves as the general partner of the Onshore Credit Fund. 2. Claren Road Convexity Metric Partners, LP, a Delaware limited partnership (the “Onshore Convexity Metric Fund”); Claren Road Convexity Metric Fund, Ltd., an exempted company

organized and existing under the laws of the Cayman Islands (the “Offshore Convexity Metric Fund” and with the Onshore Convexity Metric Fund, the “Convexity Metric Feeder Funds”); and Claren Road Convexity Metric Master Fund, Ltd., an exempted company organized and existing under the laws of the Cayman Islands (the “Convexity Metric Master Fund”, and together with the Onshore Convexity Metric Fund and the Offshore Convexity Metric Fund, the “Convexity Metric Funds”). Both Convexity Metric Feeder Funds invest all of their assets in the Convexity Metric Master Fund. Compass Rose Ice Age GP LLC (the “General Partner”), a Delaware limited liability company and an affiliate of Compass Rose, serves as the general partner of the Onshore Convexity Metric Fund. The Credit Feeder Funds and the Convexity Metric Feeder Funds shall be collectively referred to herein as “Feeder Funds”. Compass Rose also currently serves as investment adviser to three separately managed accounts. Compass Rose makes investments for the Credit Master Fund in accordance with the investment objectives and guidelines as set forth in the offering memorandum of the Onshore Credit Fund and Offshore Credit Fund, respectively, and such investments consist primarily of fixed income instruments and their derivatives, including bonds, loans and convertibles, as well as private instruments. Compass Rose also makes investments for the Convexity Metric Master Fund in accordance with the investment objectives and guidelines as set forth in the offering memorandum of the Onshore Convexity Metric Fund and Offshore Convexity Metric Fund, respectively, and such investments consist primarily of credit instruments with an emphasis on index products and related securities. Compass Rose does not expect to participate in any wrap fee programs. Compass Rose manages on a discretionary basis approximately $8,597,251,978 of regulatory assets under management as of December 31, 2022. Compass Rose will not manage any assets on a non-discretionary basis.