9AT: OPHIR ASSET MANAGEMENT US LLC

OPHIR ASSET MANAGEMENT US LLC

OPHIR ASSET MANAGEMENT US LLC

Adviser Profile

As of Date	03/25/2026
Registration	SEC, Approved, 03/25/2021
ADV Location	DENVER, CO, United States
Contact Info	+1( xxxxxxx

AUM^*	1,268,507,779 64%
of that, discretionary	1,268,507,779 64%
Number of Employees	5
of those in investment advisory functions	5
Private Fund GAV^*	0
Avg Account Size	634,253,890 64%
SMA’s	No
Private Funds	0

Adviser Type

- Large advisory firm

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

Reported AUM

1B 1B 906M 725M 544M 362M 181M

2021 2022 2023 2024 2025 2026

Discretionary

Non-discretionary

Private Funds

No private funds

Employees

Top Holdings

Stock Ticker	Stock Name	$ Position	% Position	$ Change	# Change
Stck TickerG5S37H101	Stock NameMAREX GROUP PLC	$ Position$84,812,595	% Position7.00%	$ Change53.00%	# Change12.00%
Stck Ticker854231107	Stock NameSTANDEX INTERNATIONAL CORP	$ Position$70,883,756	% Position6.00%	$ Change41.00%	# Change1.00%
Stck Ticker82706C108	Stock NameSILICON MOTION TECHNOL-ADR	$ Position$58,111,086	% Position5.00%	$ Change45.00%	# Change-51.00%
Stck Ticker92242T101	Stock NameV2X INC	$ Position$64,506,330	% Position5.00%	$ Change11.00%	# Change2.00%
Stck Ticker000361105	Stock NameAAR CORP	$ Position$63,909,434	% Position5.00%	$ Change8.00%	# Change-17.00%
Stck Ticker87615L107	Stock NameTARGET HOSPITALITY CORP	$ Position$54,782,102	% Position5.00%	$ Change	# Change
Stck Ticker44951W106	Stock NameIES HOLDINGS INC	$ Position$46,109,466	% Position4.00%	$ Change76.00%	# Change14.00%
Stck Ticker302301106	Stock NameEZCORP INC-CL A	$ Position$51,495,921	% Position4.00%	$ Change26.00%	# Change-8.00%
Stck Ticker893529107	Stock NameTRANSCAT INC	$ Position$42,861,224	% Position4.00%	$ Change7.00%	# Change-15.00%
Stck Ticker693282105	Stock NamePDF SOLUTIONS INC	$ Position$42,993,811	% Position4.00%	$ Change16.00%	# Change-47.00%

Brochure Summary

Overview

Ophir US is based in Denver, Colorado and is wholly owned by Ophir Asset Management Pty Ltd. (“Ophir AU,” and together with Ophir US, “Ophir”), as trustee for a trust, the beneficiaries of which are the founding directors, Senior Portfolio Managers, and sole shareholders of Ophir AU, Steven Ng and Andrew Mitchell. Ophir AU, an Australian private company, is a specialist investment management business focusing on the listed equities space. Ophir US investment professionals provide research and investment advisory services to Ophir AU on behalf of Ophir Global Opportunities Fund and Ophir Global High Conviction Fund (together, the “Global Funds”). The Global Funds are Australian-domiciled, pooled investment vehicles formed as unit trusts that are publicly offered to investors in Australia and are not offered to US persons for investment. A third party, The Trust Company (RE Services) Limited unaffiliated with Ophir serves as Responsible Entity for the Global Funds and is responsible for their operations, and that third party has appointed Ophir AU as investment

manager to manage the assets of the Global Funds. Ophir AU will appoint Ophir US as a subadvisor to manage the assets of the Global Funds on a discretionary basis as further described below. Ophir US is registered with the SEC and provides advisory services under a sub-advisory agreement to the assets of the Global Funds on a discretionary basis, and no assets under management on a non- discretionary basis. As of December 31, 2023, the combined assets under management of the Global Funds were US$774,982,678. Ophir AU has no US clients in the United States and is exempt from SEC registration. In the future, in the event that Ophir sponsors one or more private funds offered to US persons, Ophir AU may file as an exempt reporting adviser under the “private fund adviser exemption,” as found in Section 203(m) of the Investment Advisers Act of 1940, as amended (the “Advisers Act”) and Rule 203(m)-1 adopted thereunder. Ophir AU holds an Australian Financial Services License (AFSL 420082) issued by the Australian Securities & Investments Commission (“ASIC”).