General and Ownership Power Sustainable (formerly, Power Pacific Investment Management Inc.) is an investment boutique incorporated in 2018 that provides investment advisory and related services to Clients. Power Sustainable invests in Chinese equities with high conviction and a fundamentals-based, research driven investment process. The types of services provided by Power Sustainable may change, and this Brochure will be amended accordingly to reflect these additional services. Power Sustainable is a subsidiary of Power Corporation of Canada (“PCC”). In 2019, PCC transferred all of the issued and outstanding shares of Power Sustainable to Power Sustainable Capital Inc. (“PSC”), a wholly-owned subsidiary of PCC. In January 2022, PSC transferred all of the issued and outstanding shares of Power Sustainable to Power Sustainable Manager Inc. (“PSM”). In March 2024, PSM transferred all of the issued and outstanding shares of Power Sustainable to PSC. As a result, Power Sustainable is a directly wholly-owned subsidiary of PSC and an indirectly wholly-owned subsidiary of PCC. The Desmarais Family Residuary Trust, a trust for the benefit of the members of the family of the late Mr. Paul G. Desmarais, has voting control, directly and indirectly of PCC. Types of Advisory Services We Offer We currently provide discretionary investment advisory services to the following Clients: •separately managed accounts (i.e., private client or institutional accounts, including U.S. state and local and other pension plans) (“Separately Managed Accounts”); •certain pooled investment vehicles organized outside of the United States (the “Offshore Funds”); and •a privately placed pooled investment vehicle, which is organized under the laws of the United States (the “Private Fund” and together with the Offshore Funds, each, a “Fund” and collectively, the “Funds”). Tailoring Advisory Services to the Individual Needs of Clients Consistent with its fiduciary duty, Power Sustainable generally considers the individual needs of all Clients and tailors the advisory services it provides to Clients as follows: (i)Separately Managed Accounts are managed in accordance with the relevant Client’s investment objectives, strategies, restrictions and guidelines, as communicated to Power Sustainable by the Client. Clients can impose restrictions on investing in certain securities or types of securities. (ii)Funds are managed in accordance with the relevant Fund’s investment objectives, strategies and restrictions. A Fund can impose restrictions on investing in certain securities or types of securities. The Funds are not managed in accordance with the individualized needs of any particular interest holder in the Fund. Therefore, a Fund’s Investors should consider whether the Fund meets their investment objectives and risk tolerance prior to investing. Investment advisory services are provided directly to the Funds and not individually to the investors who invest in Funds sponsored or advised by Power Sustainable. Since Power Sustainable does not provide individual

advice to Fund investors (and an investment in a Fund does not, in and of itself, create an advisory relationship between the investor and Power Sustainable), prospective investors must consider whether a particular Fund meets their investment objectives and risk tolerance prior to investing. Information about Funds is available in the Offering Documents, as well as the Fund’s governing documents, which will be available to current and prospective Investors only through Power Sustainable or another authorized party. Power Sustainable may manage Accounts of employee benefit plans, such as corporate pension, profit sharing and money purchase pension plans, that are subject to the fiduciary responsibility provisions of Title I of the ERISA 8 | P a g e and of plans, such IRAs and Keogh plans, that are subject to Section 4975 of the Revenue Code (collectively, “Plans”) on a Separately Managed Account basis or through a pooled product, such as a collective investment trust. When Power Sustainable manages assets of Plans, Power Sustainable will be subject to the prohibited transaction provisions of Section 406 of ERISA and/or Section 4975 of the Revenue Code, which provisions, among other things, might affect the manner in which Power Sustainable may be compensated by such Accounts and its ability to enter into certain kinds of transactions, such as cross-trading and certain transactions with, or for the benefit of, Power Sustainable or its affiliates. Further, with respect to Plans that are subject to ERISA, Power Sustainable also will be subject to ERISA fiduciary responsibility, reporting and disclosure, and bonding rules, as well as requirements relating to maintenance of the indicia of ownership of Plan assets. To the extent that Power Sustainable is managing any such Plan Accounts, Power Sustainable intends to comply with all applicable provisions of ERISA and the Revenue Code. Notwithstanding the foregoing, Power Sustainable and its affiliates do not intend to enter into any transactions with clients (also known as principal transactions). In addition, certain issuers of securities and other investment products may limit the ability of Plans to invest in them, which may affect the composition of the portfolios of Plan Accounts and result in a variance between the investments of Plan Accounts and the investments of non-Plan Accounts that otherwise might have similar mandates. Limitation on Services As an asset manager, Power Sustainable provides a specific service. Power Sustainable does not provide tax, legal, or accounting advice, and clients should note that, unless otherwise specifically agreed or disclosed in writing, Power Sustainable will not take tax considerations into account in managing a Client’s portfolio. What is the Value of the Client Assets We Manage As of December 31, 2023, we managed USD $515,232,130 in Client assets on a discretionary basis. We did not manage any Client assets on a non-discretionary basis as of that date. 9 | P a g e