CIM Capital IC Management, LLC (“CIM”) is a limited liability company organized under the laws of the state of Delaware and based in Los Angeles, California. CIM was formed in February 2019 and began its advisory business after becoming registered with the SEC in May 2019. CIM provides certain investment advisory services to the subsidiaries of a non-traded public REIT; one subsidiary invests in corporate debt and real estate-related securities, the other subsidiary invests in commercial mortgage-backed securities (“CMBS”) and commercial real estate loans and related instruments each subsidiary is referred to individually as a “Securities Portfolio” and collectively referred to as “Securities Portfolios”). CIM also provides investment advisory services to a non-diversified, closed end investment company registered under the Investment Company Act of 1940, as amended (“Investment Company Act”), which is operated as an interval fund (“Interval Fund”). CIM refers to the Securities Portfolios and Interval Fund individually as a “Client” or collectively with future clients as “Clients.” CIM is indirectly wholly owned by CIM Group, LLC (together with its affiliates, “CIM Group”), which owns, operates, develops and lends to urban real estate and real estate-related assets and infrastructure assets. Mitsui & Co., Ltd., a Japanese financial conglomerate, owns a ~20% interest in CIM Group. The founders (“Founding Principals”) of CIM Group are Richard Ressler, Avi Shemesh and Shaul Kuba. CIM has 170 Supervised Persons, as well as access to CIM Group’s other ~930 employees for non-securities related matters. CIM’s investment committee (“Investment Committee”) consists of certain principals of CIM Group and another employee. The Investment Committee is further divided into sub-investment committees according to investment type and/or geography (i.e., Europe or North American real asset-related equity, credit and publicly traded securities) and each is comprised of a smaller number of Investment Committee members. Please see “Item 8: Methods of Analysis, Investment Strategies and Risk of Loss” for more information regarding the Investment Committee

and its sub-committees. CIM is a process and research driven investment adviser that seeks to mitigate risk through the fundamental analysis of the long-term drivers of investment value and to deliver strong risk- adjusted returns by utilizing CIM Group’s vertically-integrated team, community qualification methodology and investment discipline. CIM tailors its advisory services to the needs of its Clients. Please see “Item 8: Methods of Analysis, Investment Strategies and Risk of Loss” for more information regarding CIM’s investment methodology. CIM has discretionary authority to manage accounts on behalf of its Clients in accordance with such Client’s investment objectives, strategies and limitations and pursuant to the terms of the management agreement with each such Client. In the case of the Securities Portfolios, CIM is hired by the public REIT’s Board of Directors and the public REIT’s subsidiary’s Board of Directors, the majority of which are disinterested. In the case of the Interval Fund, CIM is hired by the Interval Fund’s Board of Directors, the majority of which are disinterested. Additional investment objectives, strategies and limitations are also generally set forth in the Securities Portfolios’ investment management agreement and the Interval Fund’s registration statement 5 | P a g e (such documents, together with investment management agreements, “Governing Documents”). CIM acts as a co-adviser or sub-adviser to clients of affiliated investment advisers and/or engage affiliated investment advisers to act as a sub-adviser to its Clients. The allocation of responsibilities among the primary advisers and sub-advisers are set forth in the Governing Documents. CIM, in its role as primary investment adviser, allocates capital to be managed by sub-advisers in accordance with the strategies and restrictions disclosed in the Client’s Governing Documents. Refer to Item 10 for further information on CIM’s oversight of such affiliated sub- advisers. Management of Client Assets As of December 31, 2023, CIM had $1,815,828,846 of Regulatory Assets under Management, all of which are managed on a discretionary basis. 6 | P a g e