HighBar is a private investment management firm that focuses on managing private investment funds. HighBar Partners is a Delaware limited liability company and the successor to HighBAR Ventures, which was founded in 1995. HighBar Partners, GP, LLC (“General Partner II”), a Delaware limited liability company, is the general partner of HighBar Partners II, L.P. (“HighBar II”). HighBar Partners III GP, LLC (“General Partner III”), a Delaware limited liability company, is the general partner of HighBar Partners III, L.P. (“HighBar III”). HighBar Partners III Opportunity Fund GP, LLC (“Opportunity GP” and together with General Partner II and General Partner III, the “General Partners”), a Delaware limited liability company, is the general partner of HighBar Opportunity Fund, L.P. (“Opportunity Fund” and together with HighBar II and HighBar III, the “Funds”). The Funds are exempt from registration under the Investment Company Act of 1940, as amended (the “Investment Company Act”), and the Funds’ securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). The Management Company’s principal owners are John Kim and Roy Thiele-Sardiña. For more information about HighBar’s partners, see HighBar Form ADV Part 1, Schedule A. Pursuant to the position expressed in the American Bar Association SEC No-Action Letter (January 18, 2012) (“ABA No-Action Letter”), this brochure describes the advisory services provided by the Management Company as filing adviser, and each of the General Partners, which collectively operate as a single advisory business together with the Management Company. Investment advice is provided directly to each Fund itself and not to the individual investors in the Funds. HighBar tailors its advisory services to the individual needs of each Fund but not to the individual needs of underlying investors. Investors in a Fund participate in such Funds’

overall investment program but may be excused from a particular investment due to legal, regulatory or other applicable constraints. HighBar manages the Funds in accordance with the investment objectives and limitations set forth in each Funds’ offering memoranda, governing documents, subscription agreements, side letters, and any investment management agreement between HighBar and each Fund (together, “Operative Documents”). The advice provided by HighBar and its employees is limited to the types of investments described in the Operative Documents. HighBar’s investment advisory services to the Funds consist of identifying and evaluating investment opportunities, negotiating investments, managing and monitoring investments and achieving dispositions for such investments. Investments are made predominantly in non-public companies, although investments in public companies generally are permitted. Each Fund invests through negotiated transactions in operating entities, generally referred to herein as “portfolio companies.” The Funds, the General Partner and/or HighBar, without any further act, approval or vote of any other limited partner of a Fund (a “Limited Partner”), may enter into side letters or other similar agreements with one or more Limited Partners that have the effect of altering or supplementing the terms of the relevant Funds’ limited partnership agreement, as amended (the “Partnership Agreement”), including, without limitation, fee arrangements, co-investment opportunities, notification provisions, reporting requirements and “most favored nations” provisions with respect to such Limited Partners. HighBar does not participate in wrap fee programs. As of December 31, 2023, HighBar managed approximately $178,398,629 of regulatory assets on a discretionary basis. HighBar does not manage any investments on a non-discretionary basis.