Firm Background volofin Capital Management is a Delaware limited liability company that was formed in December 2018 for the purpose of providing portfolio management and investment advisory services. As a global asset management and specialty finance company, volofin Capital Management is focused on originating or investing in public and private commercial aviation loans, notes and securities. volofin Capital Management’s principal office and place of business is located in New York, New York. volofin Capital Management is wholly owned and controlled by volofin Capital Management Group LP (“vCM Group”), an exempted limited partnership formed and registered under the laws of the Cayman Islands in December 2018. vCM Group is controlled by its general partner, volofin LLC (“volofin LLC”), an exempted limited liability company formed and registered under the laws of the Cayman Islands in December 2018, and is wholly owned and controlled by Mr. J. Robert “Bob” Peart. Additionally, Mr. Bob Peart is the sole limited partner of vCM Group. volofin Capital Management’s officers and senior management team is comprised of Messrs. Bob Peart, as Chief Executive Officer and Gary Eakins, as Chief Compliance Officer. Through common control, volofin Capital Management is affiliated with volofin Capital Management Ltd. (“vCML”), a private limited company formed and registered under the laws of England and Wales in January 2019. vCML’s principal office and place of business is located in London, England. vCML is wholly owned by vCM Group and controlled by its directors Messrs. Bob Peart, Robert D. Jack and Stewart G.B. Tanner. volofin Capital Management’s and vCML’s officers and senior management team is comprised of Messrs. Bob Peart, Gary Eakins, Robert D. Jack and Stewart G.B. Tanner (each a “Principal” and, collectively, the “Principals”). Each Principal has been involved in the commercial aviation financing and investment business for over twenty-five years, with significant experience in financing, investing in, and managing commercial aviation assets through multiple industry cycles. With respect to certain advisory clients, volofin Capital Management provides non-discretionary portfolio management and investment advisory (or sub-advisory) services through vCML. Unless otherwise stated, any reference made to volofin Capital Management includes vCML hereinafter. See Item 10 – Other Financial Industry Activities and Affiliations of this Brochure for more information regarding volofin Capital Management’s affiliated entities. volofin Capital Management has adopted an investment strategy that targets private and public structured credit investments secured by commercial aviation assets. volofin Capital Management offers recourse and non-recourse financing solutions for aviation investment firms, aircraft lessors and airlines. By having a multi-channel origination platform designed to source a broad set of investment opportunities across the market, it is volofin Capital Management’s strategic focus to position itself as one of the leading non-bank self-originating direct lenders to the global commercial aviation market. volofin Capital Management’s primary focus is being the lead or sole lender, which volofin Capital Management believes allows it to exert greater influence over deal terms, structure, documentation, fees and pricing, while at the same time securing its position as a preferred source of financing for borrowers. Additionally, volofin Capital Management participates in syndicated transactions either at origination or through secondary market purchases (e.g., participations and assignments). volofin Capital Management maintains a flexible investment strategy, with the capability to provide term loans, deferred draw or revolving credit facilities financing single Aircraft Assets (as defined herein below under Advisory Services) or portfolios of Aircraft Assets, including pre-delivery payment financing facilities, freighter conversion funding facilities, and maintenance reserve liquidity facilities, and finance leases. Advisory Services volofin Capital Management currently provides non-discretionary portfolio management and investment advisory services to an insurance company (the “Client”). volofin Capital Management’s Client primarily make investments in (i) senior loans of aviation companies that are secured by commercial passenger and freight aircraft, together with spare engines that power the eligible aircraft (collectively “Aircraft Assets”) that are originated or acquired through participations or assignments (“Aviation Loans”), and (ii) aircraft asset-backed securities, enhanced equipment trust certificates, senior notes, term loans, and other commercial aviation loans, notes and securities acquired at original issuance or in the secondary market (“Aviation Securities”). Aviation Loans and Aviation Securities are collectively referred to herein as “Aviation Investment Assets”. In the future, volofin Capital Management may provide non-discretionary and/or discretionary portfolio management and investment advisory services (directly or indirectly through a sub-advisory arrangement with the client's primary investment adviser) to institutional accounts

or privately offered pooled investment vehicles. The type of Client to which volofin Capital Management provides investment management services is more fully disclosed in volofin Capital Management’s Form ADV Part 1 and summarized in Item 7 – Types of Clients of this Brochure. In addition, volofin Capital Management’s investment philosophy, context and process, including portfolio construction are more fully disclosed in Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss of this Brochure. Pursuant to an investment management agreement, asset management agreement, collateral management agreement or other similar governing agreement (the “Management Agreement”), each Client (or their respective general partner or directors) has engaged volofin Capital Management to provide origination, acquisition, asset management, and other administrative services to each respective Client in accordance with each Client’s respective private placement memorandum, offering memorandum, offering circular, limited partnership agreement, indenture or other similar disclosure and governing documents (collectively, the “governing documents”). volofin Capital Management’s investment advisory services consist of, but are not limited to, managing each Client’s portfolio of investments, including sourcing, selecting, and determining investments for each Client, monitoring investments by each Client and executing transactions on behalf of each Client in accordance with the investment objectives, policies and guidelines set forth in each respective Client’s governing documents. volofin Capital Management’s advisory services primarily consist of (i) examining, identifying and evaluating Aviation Investment Asset opportunities; (ii) structuring, negotiating and making Aviation Investment Assets on behalf of the Client; (iii) managing and monitoring the performance of such Aviation Investment Assets including the underlying Aircraft Asset collateral; and (iv) exiting such Aviation Investment Assets on behalf of the Client. volofin Capital Management’s advisory services to each Client are subject to the specific investment objectives, policies and guidelines set forth in each respective Client’s governing documents. volofin Capital Management may tailor its advisory services to the individual needs of single investor funds (“SIF”). volofin Capital Management may agree with a SIF to manage such SIF’s assets against a particular benchmark or pursuant to an investment management agreement, which include provisions related to management fees, investment strategy, investment guidelines, termination rights, proxy voting and sub- adviser, if applicable. SIFs should be aware, however, that certain restrictions can limit volofin Capital Management’s ability to act and as a result, the SIF’s performance may differ from and may be less successful than that of other Clients’ accounts managed by volofin Capital Management. Prospective clients and prospective client investors must consider whether a particular volofin Capital Management advisory relationship is appropriate for their own circumstances based on all relevant factors including, but not limited to, the prospective client’s own investment objectives, liquidity requirements, tax situation and risk tolerance. Prospective clients are strongly encouraged to undertake appropriate due diligence including, but not limited to, a review of governing documents relating to the proposed investment program for the SIF and to investigate additional details about volofin Capital Management’s investment strategies, methods of analysis and related risks, before making an investment decision or committing to a service provided by volofin Capital Management. See Item 8 – Methods of Analysis, Investment Strategies and Risk of Loss of this Brochure for a more detailed discussion on investment strategies and the risks involved with such strategies. ALL DISCUSSION OF CLIENTS IN THIS BROCHURE, INCLUDING BUT NOT LIMITED TO ITS INVESTMENTS, THE STRATEGIES USED IN MANAGING THE CLIENTS, AND CONFLICTS OF INTEREST FACED BY VOLOFIN CAPITAL MANAGEMENT IN CONNECTION WITH THE MANAGEMENT OF A CLIENT ARE QUALIFIED IN THEIR ENTIRETY BY REFERENCE TO THE RESPECTIVE CLIENT’S GOVERNING DOCUMENTS. Wrap Fee Disclosure volofin Capital Management does not participate in or sponsor any wrap fee programs. Regulatory Assets Under Management As of December 31, 2023, volofin Capital Management managed approximately $614,700,000 of advisory assets, of which all were on a non-discretionary basis and none were on a discretionary basis. The SEC has adopted a uniform method for advisers to calculate assets under management for regulatory purposes which it refers to as an adviser’s “regulatory assets under management.” Regulatory assets under management are generally an adviser’s gross assets, i.e., assets under management without deduction for outstanding indebtedness or other accrued but unpaid liabilities. volofin Capital Management reports its regulatory assets under management in Item 5 of Part 1 of Form ADV which you can find at www.adviserinfo.sec.gov.