CORE Industrial Partners, LLC ( “CORE,” or the “Firm”), a Delaware limited liability company, is a private equity firm investing in lower middle market manufacturing, industrial technology, and industrial service companies based in North America with offices in Chicago, Austin, and Cleveland. CORE typically seeks to be the first institutional capital in its investments and utilizes its proprietary sourcing engine to generate a robust pipeline through both direct and intermediary-based channels. The Firm has the experience and skillset to invest in distressed, special situation, corporate carve-outs, and deep value buy and build opportunities, and seeks to deliver superior risk-adjusted returns by leveraging the Firm’s operational and investment backgrounds to apply the CORE Operating Playbook to drive operational and financial improvements in its portfolio companies. The Firm was founded in April 2017 and is led by Managing Partner John May, as well as Senior Partners Frank Papa, TJ Chung, Partner Matthew Puglisi and Jason Fulton (collectively, the “Investment Partners”), who have extensive operational and investment experience. The Investment Partners have collectively held 18 Chief Executive Officer (“CEO”) and/or President roles for companies owned by private equity sponsors, bringing Fortune 500 capabilities to the Firm’s lower middle market (“LMM”) portfolio, and have been involved in more than 100 transactions over the course of their careers. The Investment Partners are supported by an experienced group of operating advisors (“Operating Advisors”) and members of the Centers of Excellence, each with a broad range of industrials and functional experience who assist in deal origination, investment analysis, due diligence, strategy development and portfolio company management. The Operating Advisors are a select group of veteran industry executives, all of whom have strong relationships with the CORE team and are committed to the Firm’s Operating Playbook. CORE has also formed a relying adviser, CORE Industrial Partners Management LP (the “Relying Adviser”), to provide investment advisory services to certain of the funds. The Relying Adviser serves as an investment adviser for and provides discretionary investment advisory services to the following private funds: CORE Industrial Partners Fund I, L.P. and CORE Industrial Partners Fund I Parallel, L.P. (collectively, “Fund I”); CORE Industrial Partners Fund II, L.P. and CORE Industrial Partners Fund II Parallel, L.P. (collectively, “Fund II”); CORE Industrial Partners Fund III, L.P. and CORE Industrial Partners Fund III Parallel, L.P. (collectively, “Fund III”); and CORE Industrial Services Fund I, L.P. and CORE Industrial Services Fund I Parallel, L.P. (collectively, “Services Fund I” and together with Fund I, Fund II and Fund III, the “Funds”). In certain circumstances, as more fully described in Item 7 below, the Firm also permits certain investors and third parties to co-invest alongside a Fund directly into a portfolio company. Such direct co-investments are not considered Funds or clients of CORE. Similarly, CORE also permits employees and affiliates of the Firm to invest alongside a Fund in affiliate co-investment vehicles. Such affiliate co-investment vehicles are not considered Funds or clients of CORE. Each Fund is controlled by a general partner (a “General Partner”) which has the authority to make investment decisions on behalf of the Funds. CORE Industrial Partners GP I, LLC serves as the General Partner for Fund I, CORE Industrial Partners GP II, L.P. serves as the General Partner for Fund II, CORE Industrial Partners GP III, L.P. serves as the General Partner for Fund III and CORE Industrial Services GP I, L.P. serves as the General Partner for Services Fund I. Pursuant to SEC guidance, the General Partners are deemed registered under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) pursuant to CORE’s registration. The applicable General Partner of each Fund retains investment discretion and investors in the Funds do not participate in the control or management of the Funds. While the General

Partners maintain ultimate authority over the Funds, the Relying Adviser has been designated the role of investment adviser. This Brochure describes the advisory services provided by CORE as the filing adviser, the Relying Adviser and the General Partners. For more information about the Funds, General Partners and Relying Adviser, please see CORE’s Form ADV Part 1, Schedule D, Section 7.A., Section 7.B.(1) and Schedule R. The Funds invest through privately negotiated transactions in operating companies, generally referred to as “portfolio companies”, in the manufacturing industrial technologies and industrial services industries. Each portfolio company has its own independent management team responsible for managing its day-to-day operations, although the Investment Partners, other personnel and/or Operating Advisors appointed by CORE will generally serve on such portfolio companies’ respective boards of directors or otherwise act to influence control over management of portfolio companies held by the Funds. In addition, in some cases, CORE will more directly influence the day-to-day management of a company by recruiting and installing certain individuals in various leadership roles, such as chief executive officer, chief operating officer, chief financial officer or in other roles. CORE’s investment advisory services to the Funds consist of identifying and evaluating investment opportunities, negotiating the terms of investment, managing and monitoring investments and achieving dispositions of such investments. Investments are made predominantly in non- public companies although investments in public companies are permitted in certain instances. Specifically, a Fund I portfolio company has been acquired by a public company as part of a reverse merger with a special purpose acquisition company (“SPAC”). Investment advice is provided directly to the Funds and not to the individual investors in the Funds. CORE manages the Funds in accordance with the investment objectives and limitations set forth in and governed by each Fund’s offering memoranda, limited partnership agreement or other governing documents, subscription agreements, side letters and any investment management agreement between CORE and each Fund (together, “Operative Documents”) and investors determine the suitability of an investment in a Fund based on, among other things, the Operative Documents. The advice provided by CORE and its employees is limited to the types of investments described in the aforementioned Operative Documents. In accordance with common industry practice, the Funds, the General Partners and/or CORE have entered into side letters or other similar agreements with certain investors that have the effect of altering or supplementing the terms of a Fund’s Operative Documents. Examples of side letter agreements entered into include, without limitation, fee arrangements, provisions whereby investors have expressed an interest in participating in co-investment opportunities, co-investment rights (with regard to Fund I and only in the event a co-investment opportunity is made available), notification provisions, advisory board representation, reporting requirements and “most favored nations” provisions. These rights, benefits or privileges are not always made available to all investors, consistent with the Operative Documents and general market practice. Commencing in September 2024, CORE will make required disclosure of certain side letters to all investors (and in certain cases, to prospective investors) in accordance with the new Private Fund Rule. Side letters are negotiated at the time of the relevant investor’s capital commitment, and once invested in a Fund, investors generally cannot impose additional investment guidelines or restrictions on such Fund. There can be no assurance that the side letter rights granted to one or more investors will not in certain cases disadvantage other investors. CORE does not participate in wrap fee programs. As of December 31, 2023, CORE managed approximately $1,999,144,093 of regulatory assets on a discretionary basis. CORE does not manage any investments on a non-discretionary basis.