Firm Description Ancora Alternatives LLC, (Ancora), is an investment advisor registered with the SEC. We specialize in Private Funds and their related investment vehicle offerings for high-net-worth investors, family offices, institutions and other investment advisers. Principal Owners FOCUS FINANCIAL PARTNERS, LLC Ancora Alternatives, LLC is part of the Focus Financial Partners, LLC (“Focus LLC”) partnership. Specifically, Ancora Alternatives, LLC is a wholly-owned subsidiary of Focus Operating, LLC (“Focus Operating”), which is, directly and indirectly, a wholly-owned subsidiary of Focus LLC. Focus Financial Partners Inc. (“Focus Inc.”) is the sole managing member of Focus LLC and has 100% of its governance rights. Accordingly, all governance is conducted through the voting rights and the Board of Directors at Focus Inc. Focus Inc. is the managing member of and owns, directly and indirectly, approximately 99% of the economic interests in Focus LLC. Focus Inc. is majority-owned, indirectly, and collectively, by funds affiliated with Clayton, Dubilier & Rice, LLC (“CD&R”). Funds affiliated with Stone Point Capital LLC (“Stone Point”) are indirect owners of Focus Inc. Because Ancora Alternatives, LLC is an indirect, wholly-owned subsidiary of Focus Inc., CD&R and Stone Point funds are indirect owners of Ancora Alternatives, LLC. Focus LLC also owns other registered investment advisers, broker-dealers, pension consultants, insurance firms, business managers and other firms (the “Focus Partners”), most of which provide wealth management, benefit consulting and investment consulting services to individuals, families, employers, and institutions. Some Focus Partners also manage or advise limited partnerships, private funds, or investment companies as disclosed on their respective Form ADVs. Ancora Alternatives, LLC is managed by (“Ancora Alternatives, LLC Principals”), pursuant to a management agreement between Terza Partners, LLC and Ancora Alternatives, LLC. The Ancora Alternatives, LLC Principals serve as officers and leaders of Ancora Alternatives, LLC and, in that capacity, are responsible for the management, supervision and oversight of Ancora Alternatives, LLC. Types of Advisory Services At Ancora Alternatives LLC, our objective is to develop Private Funds and related investment vehicles that can deliver risk-adjusted returns that meet our clients needs. Our services may include both separately managed accounts (SMA) and allocations to our privately managed funds for qualified investors, as well as sub-advisory services. If one or more of your accounts is a plan subject to ERISA we ask that you appoint Ancora Alternatives LLC as investment advisor for the purpose of ERISA. We will need to have copies of the trust agreement and any amendments governing the operation and administration of plan assets. We do not provide advice for assets outside the plan and will not vote proxies for securities held outside Ancora’s portion of the plan. We ask that you take steps to name Ancora Alternatives

LLC as a fiduciary in the plan’s ERISA fidelity bond 7 covering the account. Ancora may offer 3c7 and 3c1 investment structures to provide additional investment benefits. Ancora may also participate in class action suits on our client’s behalf. Ancora Alternatives, LLC is a fiduciary under the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) with respect to investment management services and investment advice provided to ERISA plan clients, including ERISA plan participants. Ancora Alternatives, LLC is also a fiduciary under the Internal Revenue Code (the “IRC”) with respect to investment management services and investment advice provided to ERISA plans, ERISA plan participants, IRAs and IRA owners (collectively, “Retirement Account Clients”). As such, Ancora Alternatives, LLC is subject to specific duties and obligations under ERISA and the IRC that include, among other things, prohibited transaction rules which are intended to prohibit fiduciaries from acting on conflicts of interest. When a fiduciary gives advice in which it has a conflict of interest, the fiduciary must either avoid or eliminate the conflict or rely upon a prohibited transaction exemption (a “PTE”). As a fiduciary, we have duties of care and of loyalty to you and are subject to obligations imposed on us by the federal and state securities laws. As a result, you have certain rights that you cannot waive or limit by contract. Nothing in our agreement with you should be interpreted as a limitation of our obligations under the federal and state securities laws or as a waiver of any unwaivable rights you possess. This document will outline a typical client offering and interaction but it is important to understand each client situation is different and that you should read and understand all documents that Ancora provides. Tailored Relationships Ancora Alternatives LLC can work with clients to make customized portfolios, primarily by using our proprietary investment strategies and in house portfolio managers who can also provide advice for special situations and needs. Other Services We offer clients the option of obtaining certain financial solutions from unaffiliated third-party financial institutions through UPTIQ Treasury & Credit Solutions, LLC (together with UPTIQ, Inc. and its affiliates, “UPTIQ”). Please see Items 5 and 10 for a fuller discussion of these services and other important information. We help our clients obtain certain insurance solutions from unaffiliated, third-party insurance brokers by introducing clients to our affiliate, Focus Risk Solutions, LLC (“FRS”), a wholly owned subsidiary of our parent company, Focus Financial Partners, LLC. Please see Items 5 and 10 for a fuller discussion of these services and other important information. Client Assets Ancora manages accounts primarily on a discretionary basis, but will advise on accounts on a non- discretionary basis under certain arrangements. As of December 31, 2023, we managed approximately $1,316,573,362 in client assets on a discretionary basis.