A. General description ▪ Grand Alliance Asset Management Limited (“GAAM”) is a limited liability company incorporated in Hong Kong in May 1997. ▪ GAAM is licensed by the Securities and Futures Commission of Hong Kong (the “HK SFC”) pursuant to the Securities and Futures Ordinance (Chapter 571) of the laws of Hong Kong (the “SFO”) to carry out type 4 (advising on securities) and type 9 (asset management) regulated activities in Hong Kong. ▪ Currently, the sole principal owner (100%) of GAAM is Grand Alliance Asia Limited (“GAAL”), a company incorporated in the Republic of Seychelles in April 2017. GAAL neither carries on business nor does it have any other investment holdings. ▪ The principal owner of GAAL is Yuxiu Lin, who owns more than 25% (but less than 50%) of GAAL’s shares. GAAL’s other ultimate beneficiaries are GAAM staff and their family members, who (together with the principal owner) effectively own 100% of GAAL’s shares. B. Type of advisory services offered ▪ GAAM provides investment advice with respect to equities and other related securities that are, predominantly listed on a recognized exchange in Taiwan, Hong Kong, China and the U.S. ▪ GAAM offers advisory services to private funds (hedge funds or pooled investment vehicles, the “Private Funds”) intended for institutions and other sophisticated investors only (collectively, the “Investor” or “Investors”). ▪ GAAM can either provide advisory services to Private Funds on a discretionary basis (for GAAM-managed Private Funds) or a non-discretionary basis (for third-party private fund(s) managed by other regulated investment adviser(s)). ▪ GAAM’s investment strategies include: 1) a market neutral strategy, which predominantly invests in equities listed in Taiwan, Hong Kong, China and the U.S., and 2) a long-only strategy, which primarily invests in equities listed in Taiwan, Hong Kong and China. ▪ GAAM anticipates offering advisory services to separately managed accounts (“SMAs”) owned by certain specified institutional investors (together with Private Funds, the “Clients” or “advisory Clients” of GAAM). SMAs shall employ a long-only strategy, primarily investing in equities listed in Taiwan, Hong Kong and China. SMAs employing other investment strategies may also be considered on a case-by-case basis. C. GAAM tailors its advisory services to the individual needs of Clients by stipulating specific

investment objective(s), the types of securities that are eligible for (or prohibited from) investing, investment guideline(s) and risk management guideline(s) in the pertinent Private Fund document(s) or SMA agreement(s). ▪ Private Fund document(s) include an investment management (advisory) agreement (or other similar agreement), a private placement memorandum, Side Letters (as defined below), due diligence questionnaires, board resolutions of the Private Fund, etc. ▪ SMA agreement(s) include an investment management (advisory) agreement or other similar agreement signed with each SMA Client. ▪ A Client may impose restrictions on investing in certain securities or types of securities by providing restricted list(s) of securities to GAAM. ▪ Side Letters: 1. Any of the Private Funds may from time to time enter into an agreement (the “Side Letter”) with an Investor, which provides terms that are different from those described in the pertinent Private Fund document(s), without the approval of any other Investor. 2. Rights or terms that a Side Letter may alter include, but are not limited to: (1) rights or terms necessary in light of the particular legal, regulatory or public policy characteristics of an Investor, and (2) guidelines on reporting under enhanced transparency. Such Side Letters or similar agreements, however, will not combine preferential information rights with preferential redemption rights to the detriment of other Investors. 3. Generally, GAAM is not required to disclose the existence or terms of any such Side Letters to any other Investors, unless it offers a lower fee or preferential liquidity to a particular Investor. 4. GAAM does not offer preferential liquidity or lower fees to any Investors in any of the Private Funds that it manages unless such preferential treatment(s) are disclosed in the pertinent private placement memorandum available to all Investors in the respective Private Fund. 5. To exercise discretion with respect to a Private Fund entering into a Side Letter, GAAM will disclose all material terms of such a Side Letter to the board of directors of the Private Fund (and certain Investors) as appropriate, and seek the advance approval of the respective Fund’s directors (and certain Investors). D. GAAM does not participate in any wrap fee programs. E. As of June 30, 2023, GAAM manages US$1,673,328,808 of Client assets in total.