A. The Circumference Group LLC (“CG” or “Circumference”) is a Delaware limited liability company founded by Jeffrey H. Fox in 2009 as an investing and consulting firm. CG is indirectly owned by Mr. Fox through Circumference Group Holdings, LLC (“CG Parent”). B. Circumference currently provides investment advice and management services to private investment funds (“private funds”) which may be organized as domestic or foreign entities, such as limited partnerships, corporations, and limited liability companies. (These private funds are sometimes referred to as “hedge funds”.) These investments may be in the form of publicly- traded securities, private funds, and privately-held business ventures (majority and minority positions). Circumference currently manages two private funds, CG Core Value Fund LP (the “Core Value Fund”) and CG SPV I LP (the “SPV Fund”). Both private funds are U.S. limited partnerships. Circumference affiliates serve as the general partner of the private funds. Each private fund is managed in accordance with its own investment objectives, strategies, restrictions, and guidelines, and the investors in the funds (“underlying investors”) do not have any opportunity to select or evaluate any fund investments or strategies. Both private funds are actively managed by CG. In the Core Value Fund, CG employs a value-based strategy focused predominantly on equity and equity-related securities of business-to-business services and technology companies. Information about the private fund’s investment objectives, strategies, restrictions and guidelines is more fully described in the offering documents for the fund. CG Parent is an investor in the Core Value Fund. In the SPV Fund, CG seeks to generate capital appreciation through investments in a concentrated portfolio of companies whose securities became publicly traded in recent years, including without limitation by way of IPOs, direct listings, spin-offs and/or De-SPAC transactions. Information about the private

fund’s investment objectives, strategies, restrictions and guidelines is more fully described in the offering documents for the fund. The SPV Fund has a term of three years, subject to the general partner’s discretion to extend for a limited period. The SPV Fund is closed to new investors. In addition to advising private funds, CG provides investment advice and management services to Circumference Group Ventures, LLC (“CG Ventures”) and CG Special Situations LLC (“CG Special Situations”). CG Ventures invests in early stage companies through special purpose investment vehicles, primarily focuses on seed and pre-seed stage opportunities in the mobility, enterprise and work and digital life/commerce industries. CG Special Situations 4828-5674-0972 v.2 4 opportunistically invests in privately-held business ventures, including control transactions, through special purpose investment vehicles. CG Special Situations is focused primarily on lower middle market companies in the business to business and tech-enabled services and telecommunications industries. CG also provides investment advisory services to Mr. Fox and affiliated entities from time to time. These services include the evaluation of specific investment opportunities for Mr. Fox, which opportunities may be in the form of publicly-traded securities, private funds, and privately-held business ventures (majority and minority positions). CG does not manage a discretionary pool of capital for Mr. Fox. C. Circumference does not provide individualized advice to the underlying investors in the private funds. Each investor in a private fund should consider whether the private fund meets such investor’s investment objectives and risk tolerance prior to investing in the fund. D. Circumference does not participate in wrap fee programs. E. Circumference has discretionary authority over a significant majority of the assets it manages. As of February 29, 2024, Circumference managed approximately $187.3 million in assets.