A. Kershner Strategic Opportunity Advisors, LLC (“Adviser” or “KSOA”) is a Delaware limited liability company formed in June 2020, with a business address at 1825-B Kramer Lane, Suite 200, Austin, TX 78758. Adviser is a wholly-owned subsidiary of Kershner Trading Group, LLC (“KTG”), which, in turn, is 95.75% owned by the Andrew S. Kershner Trust (Andrew S. Kershner and Susan H. Graf, co-trustees). Adviser is registered with the SEC as an investment adviser pursuant to the federal Investment Advisers Act of 1940, as amended (the “Advisers Act”). i. Andrew S. Kershner is the Founder and Chief Executive Officer of KSOA as well as the Founder, Chief Executive Officer and Chairman of KTG. He has over 25 years of proprietary trading and investment experience, with both KTG as well as ProTrader Securities. ii. Andrew Tollemache is KSOA’s Chief Compliance Officer. Mr. Tollemache has over 20 years of experience in the electronic trading business, having been a trader for 10 of those years. Prior to joining the Kershner organization, Andrew was part of the Execution Services Group at TD Ameritrade and served as Senior Options Principal for ProTrader Securities. iii. Kenny Lissak is KSOA and KTG’s Director of Trading. Mr. Lissak joined KTG in July 2016. He has over 30 years of hedge fund experience, including being an original partner at SAC Capital. iv. Jon B. Sanderson is the Chief Financial Officer of both KSOA and KTG, having joined KTG in June 2017. Jon is responsible for finance, accounting and human resources. Prior to joining the Kershner organization, his roles have been in the securities industry where his experience includes serving as CFO of Sterne Agee Group, Inc. and Managing Director and Controller of Morgan Keegan & Company, Inc. Prior to these roles, he was in public accounting with Ernst & Young. He earned a Bachelor of Professional Accountancy from Mississippi State University, and is a licensed CPA. B. Adviser is a boutique investment firm that provides discretionary investment management services, tailored to its client’s needs. The firm provides portfolio management services

to institutional investors and family offices. Adviser was formed in an effort to leverage KTG’s extensive experience managing Mr. Kershner’s proprietary assets. In particular, KTG has long utilized a unique approach in managing Mr. Kershner’s assets, which involves the recruitment of “star traders,” each of whom are, in turn, allocated a percentage of KTG’s assets for active management. Guided by Mr. Kershner, KTG’s traders are entrusted with a varying amount of capital and autonomy depending on their experience and trading performance. KTG believes that the best trading environment is one where knowledge and ideas are shared so that winning trading and risk management practices can be institutionalized within KTG. Having employed this approach under the umbrella of KTG solely for the management and benefit of his own proprietary assets, Mr. Kershner founded KSOA with the goal of making the human capital, trading strategies, technology, and processes—previously only available to his proprietary accounts—available to select outside investors. C. Adviser utilizes actively managed investment strategies largely involving domestic US equities that seek to capitalize on temporary market imbalances. Services range from actively managed stock and ETF portfolios to ones constructed with options and other instruments. Adviser provides investment management services based on investment guidelines and restrictions that are developed in consultation with the client, or in accordance with the mandate selected by the client. D. Adviser will tailor its services to its clients’ needs and objectives. Before formalizing a client relationship, Adviser will conduct an initial consultation with client with the goal of understanding the client’s financial needs, and requirements. Adviser may employ futures and currencies or other instruments for the intended purpose of obtaining and/or adding exposure to various asset classes as well as for hedging purposes. E. Adviser does not participate in any wrap fee programs. F. As of December 31, 2022, Adviser managed $168,147,297 in assets on a discretionary basis.