Advisory Firm Sumitomo Mitsui DS Asset Management Company, Limited (“SMDAM,” “firm,” “we,” “us,” or “our”) is one of Japan’s leading asset management firms. SMDAM was incorporated on 1 April 2019, as a result of the merger of Sumitomo Mitsui Asset Management Co., Ltd. and Daiwa SB Investments Ltd. Originally, Sumitomo Mitsui Asset Management Co., Ltd. formed from a merger of the following five companies; Mitsui Life Global Asset Management Co., Ltd., Sumitomo Life Investment Co. Ltd, Sumisei Global Investment Trust Management Co., Ltd., Mitsui Sumitomo Insurance Asset Management Co., Ltd., and Sakura Investment Management Co., Ltd. Daiwa SB Investments Ltd. also formed from a merger of the three companies; Daiwa International Capital Management Co., Ltd, SB Investment Management Co., Ltd, and SBIM Investment Trust Management Co., Ltd. SMDAM is mainly engaged in investment management (discretionary/advisory) and investment trust fund management. SMDAM’s shareholder structure is the following: Sumitomo Mitsui Financial Group, Inc., 50.1%; Sumitomo Mitsui Financial Group, Inc. is a Tokyo-based bank holding and financial services company that is ranked among the largest 25 banks globally in total assets. Its core member is Sumitomo Mitsui Banking Corporation, one of the top three megabanks in Japan. Daiwa Securities Group, Inc., 23.5%; Daiwa Securities Group, Inc. is the financial services holding company of Japan’s second- largest securities firm. It is involved in the dealing, brokerage, underwriting, and distribution of securities. Mitsui Sumitomo Insurance Co., 15.0%; Mitsui Sumitomo Insurance Co. is one of the largest non-life insurance companies in Japan and a wholly owned subsidiary of MS&AD Insurance Group Holdings, Inc. Sumitomo

Life Insurance Co., 10.4%; Sumitomo Life Insurance Co. is a mutual life insurance company in Japan, founded in 1907 and headquartered in Osaka. Sumitomo Mitsui Trust Bank, Limited, 1.0% Sumitomo Mitsui Trust Bank, Limited is Japan’s largest trust bank and a wholly owned subsidiary of Sumitomo Mitsui Trust Holdings, Inc. Advisory Service We provide discretionary portfolio management services to institutional clients, primarily consisting of governmental pension funds, private corporate pension funds and related trusts. We do not offer investment advisory or management services to U.S. individuals. Investment Management We offer discretionary investment management services as well as investment advisory services for public and private pension funds, sovereign wealth funds and financial institutions including banks and insurance companies in Japan and overseas. As of March 31, 2023, we had US$40,255 million of assets under management on a discretionary basis and US$15,845 million on a non-discretionary basis. The investment management services we offer are based on the individual mandate of the client and consist of the strategies described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” Clients may impose restrictions on investment in particular securities or types of securities and may impose account-related position limits. Investment Trusts We offer a broad range of products to meet various clients’ needs. Publicly offered investment trusts are for retail investors and subscribers of defined contribution pension funds while privately placed investment trusts are for corporations, financial institutions and group annuities. As of March 31, 2023, we had US$77,587 million of assets under management of investment trusts.