Hilco Investment Advisors, LLC, a Delaware limited liability company and a registered investment adviser (the “Adviser”), and its affiliated investment advisers provide investment advisory services to single-investor funds privately offered to qualified investors. The Adviser commenced operations in February 2019. The Adviser’s clients include the following (each, a “Fund,” and collectively the “Funds”)
• HMR Strategic Opportunities Fund, L.P.
• HMR Strategic Opportunities Fund (DD), L.P.
• Hilco Global Strategic Opportunities, L.P. The following General Partner entities are affiliated with the Adviser:
• HMR Strategic Opportunities GP, LLC
• Hilco Trading, LLC (each, a “General Partner” and together with the Adviser and their affiliated entities “Hilco”). The Funds typically pursue and invest in the areas of (i) charged-off and/or performing consumer receivable pools, (ii) distressed debt and structured finance transactions primarily in the retail and consumer industry, (iii) transactions involving the purchase, sale and operation of commercial and industrial assets, (iv) transactions involving trademarks or other intellectual property, and (v) special situations transactions. Funds formed in the future may invest in other asset classes, including patents and/or other intellectual property-related assets, real estate and/or similar assets. In addition, Hilco may explore the formation of a fund to make asset-based or commercial loans directly to borrowers. Hilco’s investment advisory services to the Funds consist of identifying and evaluating investment opportunities, negotiating the terms of investments, managing and monitoring investments and achieving dispositions for such investments. As described further below, affiliates of Hilco are expected to provide certain services to the assets of the Funds. Hilco’s advisory services to the Funds are detailed in the applicable investment management agreements and limited partnership or other operating agreements or governing documents (each, a “Partnership Agreement”) and are further described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” An investor in the Funds participates in the overall investment program for the applicable Fund, but may be excused from a particular investment due to legal, regulatory or other agreed-upon circumstances pursuant to the relevant Partnership Agreement. Further, Hilco must also seek the consent of the investor in the Fund with respect to investments that exceed certain thresholds. As described further below, affiliates of Hilco pursue and transact in the areas of (i) charged-off and/or performing consumer

receivable pools, (ii) distressed debt and structured finance transactions primarily in the retail and consumer industry, (iii) transactions involving the purchase, sale and operation of commercial and industrial assets, (iv) transactions involving trademarks or other intellectual property, and (v) special situations transactions. Further, such affiliates of Hilco may also invest in the Funds, and together with the Funds, invest in other vehicles or assets in which the Funds invest, all in accordance with the Funds’ Partnership Agreements. As described in the applicable Partnership Agreement, any affiliate of Hilco will not pay management fees, acquisition fees or carried interest, though such affiliate will generally be expected to pay its pro rata share of certain other Partnership expenses. Additionally, from time to time and as permitted by the relevant Partnership Agreement, Hilco expects to provide (or agree to provide) co- investment opportunities (including the opportunity to participate in co-invest vehicles) to certain investors or other persons, including other sponsors, market participants, finders, consultants and other service providers, Hilco’s personnel and/or certain other persons associated with Hilco and/or its affiliates (e.g., a vehicle formed by Hilco’s principals to co-invest an annually specified percentage alongside a particular Fund’s transactions). Such co-investments typically involve investment and disposal of interests in the applicable asset at the same time and on the same terms as the Fund making the investment. However, from time to time, for strategic and other reasons, a co-investor or co-invest vehicle may purchase a portion of an investment from one or more Funds after such Funds have consummated their investment in the asset (also known as a post-closing sell- down or transfer). Any such purchase from a Fund by a co-investor or co-invest vehicle generally occurs shortly after the Fund’s investment so as to avoid any changes in valuation of the investment. Where appropriate, and in Hilco’s sole discretion, Hilco is authorized to charge interest on the purchase to the co-investor or co-invest vehicle (or otherwise equitably to adjust the purchase price under certain conditions), and to seek reimbursement to the relevant Fund for related costs. However, to the extent such amounts are not so charged or reimbursed, they generally will be borne by the relevant Fund. As of December 31, 2022, Hilco manages $143,049,572.00 of client assets on a discretionary basis. The Adviser is wholly owned by Hilco Trading, LLC, which is principally owned by Jeffrey B. Hecktman and CDPQ Investments (U.S.) Inc. (“CDPQ”).