Andalusian Private Capital, LP, a Delaware limited partnership and a registered investment adviser, provides investment advisory services to investment funds privately offered to qualified investors in the United States and elsewhere. Andalusian provides investment advisory services to private investment funds (“Fund” or “Funds”) that it sponsors, and whose investor base is principally drawn from certain individual and institutional investors (“Program Participants”, and together with the Funds, “Clients”) who have entered into investment program agreements with Andalusian (“IPAs”) for the presentation of investment opportunities sourced by Andalusian and made available to Program Participants through the Funds (the “Program”). The Funds are private equity funds structured as special purpose vehicles (each an “SPV”), and which invest through negotiated transactions in a single operating entity or limited number of operating entities, generally referred to herein as “portfolio companies.” Andalusian’s investment advisory services to the Clients consist of identifying and evaluating investment opportunities, negotiating the terms of investments, managing and monitoring investments and achieving dispositions for such investments. Although investments are made predominantly in non-public companies, investments in public companies are permitted. Where such investments consist of portfolio companies, the senior principals or other personnel of Andalusian or its affiliates generally serve on such portfolio companies’ respective boards of directors or otherwise act to influence control over management of portfolio companies in which the Funds have invested. Andalusian’s advisory services to the Clients are detailed in the relevant private placement memoranda or other offering documents (each, a “Memorandum”), investment management agreements, limited partnership or other operating agreements (each, a “Partnership Agreement” and together with the IPAs, the “Governing Documents”) and are further described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” Program Participants and other investors who invest in the Funds (generally referred to herein as “investors” or “limited partners”) participate in the overall investment program for the applicable Fund, but in certain circumstances are excused from a particular investment due to legal, regulatory or other agreed-upon circumstances pursuant to the Governing Documents; such arrangements generally do not and will not create an adviser-client relationship between Andalusian and any investor. The Funds or their respective general partner entities, together with any future affiliated general partner entities, (“General Partners”) generally enter into side letters or other similar agreements (“Side Letters”) with certain investors that have the effect of establishing rights under, or altering or supplementing the terms (including economic or other terms) of, the Governing Documents with respect to such investors. Program Participants generally retain the discretion to determine whether and in what amounts to participate (within certain pro rata and other applicable investment thresholds, as further described in the IPAs and Governing Documents) in

the Funds, though in certain instances Andalusian has the authority under the applicable IPA to issue capital calls on behalf of a Fund for a portion of a Program Participant’s commitment to the Program. Additionally, as permitted by the Governing Documents, Andalusian expects to provide (or agree to provide) co-investment opportunities (including the opportunity to participate in co- invest vehicles) to certain current or prospective Clients and other third parties. Such co- investors are expected to include market participants, finders, consultants and other service providers, as well as portfolio company management or personnel and other investment vehicles sponsored by, or associated with, certain Program Participants. Co-investors are further expected to include Andalusian’s personnel and/or certain other persons associated with Andalusian and/or its affiliates (e.g., a vehicle formed by Andalusian’s principals to co-invest alongside a particular Fund’s transactions). Such co-investments typically involve investment and disposal of interests in the applicable portfolio company at the same time and on the same terms as the Fund making the investment. However, for strategic and other reasons, a co-investor or co-invest vehicle (including a co-investing Client) purchases a portion of an investment from one or more Funds after such Funds have consummated their investment in the portfolio company (also known as a post-closing sell-down or transfer), which generally will have been funded through Client investor capital contributions and/or use of an SPV credit facility. Any such purchase from a Fund by a co-investor or co-invest vehicle generally occurs shortly after the Fund’s completion of the investment to avoid any changes in valuation of the investment, but in certain instances could be well after the Fund’s initial purchase. Where appropriate, and in Andalusian’s sole discretion, Andalusian reserves the right to charge interest on the purchase to the co-investor or co-invest vehicle (or otherwise equitably to adjust the purchase price under certain conditions), and to seek reimbursement to the relevant Fund for related costs. However, to the extent any such amounts are not so charged or reimbursed (including charges or reimbursements required pursuant to applicable law), they generally will be borne by the relevant Fund. Andalusian is a private investing group headquartered in Short Hills, New Jersey. The firm has a flexible investment mandate focused on broad market themes across diverse sectors and industries. Andalusian was co-founded by Jeffrey Kaplan and Nicholas Savasta. The firm was launched with its Founding Investor, David Tepper, in July 2020. Jeffrey Kaplan serves as President and Nicholas Savasta serves as Vice Chairman. The general partner of Andalusian Private Capital LP is Andalusian Private Capital GP, LLC, a Delaware limited liability company. The principal owners of Andalusian Private Capital LP are identified in Schedules A and B of Andalusian’s Form ADV Part 1A. As of December 31, 2022, Andalusian manages $1,137,357,241 in “non-discretionary” assets attributable to commitments made by Program Participants to the Program, and $568,086,917 in discretionary assets attributable to the Funds.