General BLACK TORO LLC (“BLACK TORO” and/or “Adviser”), which operates under the business name of “BlackToro Global Investments”, is a limited liability company duly organized under the laws of the State of Florida on 06/02/2021. The company founding members are Gabriel Orlando Ruiz 66,67%, Alejandro Goldaracena 20% and Fernando Raul Marengo 13,33%. From its offices in Miami, FL, (Main Office), BLACK TORO offers the following services to its clients: Asset Management Services BLACK TORO provides advisory services to clients (the “Client”), as further described on Item 7, through various types of discretionary and non-discretionary accounts in accordance with each Client’s investment objectives. Our advisory service focuses on investments in a wide type of assets and securities in different markets that is tailored to meet Client’s investment objectives, strategies and risk profile as described by each Client. Discretionary advisory services mean we can make investment decisions and place orders in Client’s account without contacting them for prior approval for each transaction. These decisions are made based upon Client’s stated investment objectives and risk profile. We monitor Client’s portfolio performance on a continuous basis and rebalance the portfolio whenever necessary. For non-discretionary accounts we recommend an investment strategy, allocation mix or changes to the Client’s portfolio that we believe is suitable for his objective, strategy and risk profile. Advisory services may focus on investments in specified and limited type of assets and securities and markets, or they may be broad-based across many asset classes and markets. Strategies used for customized Clients may be similar to or may vary widely from the core strategies typically utilized by BLACK TORO, as further described in Item 9. Clients may place targets and impose reasonable written restrictions on investing in certain type of securities, markets and/or sectors. Clients are asked to provide us with information regarding their financial and investing profile and any restrictions on investing they wish to impose on their accounts. BLACK TORO has an ongoing responsibility to make recommendations to Clients based upon their investment profile. The information we gather will help us implement an asset allocation strategy that will be specific to Client’s goals, whether we are actively investing or simply providing with advice. Recommendation of Third-Party Asset Managers As part of our overall asset management strategy, we may also recommend Third-Party Asset Managers or programs to manage all or a portion of your account. All Third-Party Asset Managers recommended by our firm must either be registered as investment adviser or exempt from registration requirements. Factors that we consider when making our recommendations include, but are not limited to, the following: the Third-Party Asset Manager’s performance, methods of analysis, fees, your financial needs, investment goals, risk tolerance, and investment objectives. We will periodically monitor the Third-Party Asset Manager’s performance to ensure its management and investment style remains aligned with your investment goals and objectives. Where Client appoints BLACK TORO as Client’s agent to buy and sell securities or other investments for Client’s account on a discretionary basis, Client delegates to BLACK TORO the authority to retain one or more Third-Party Asset Manager(s)

to provide all, or a portion, of the discretionary management services with respect to Client’s account. BLACK TORO shall have the discretion to hire and fire any Third-Party Asset Manager without Client consent. To the extent Client participates in a specific program offered by BLACK TORO that is provided through a Third- Party Asset Manager or platform, the investments that are available to Client through that program may be limited to certain types of securities. Client understands that he/she may not be able to impose investment restrictions with respect to the securities and other assets that are purchased for, or held in, the account by such Third-Party Asset Managers. In some cases, you may be required to sign an agreement directly with the Third-Party Asset Manager(s), in which case, you may terminate your advisory relationship with the Third-Party Asset Manager(s) according to the terms of your agreement with the Third- Party Asset Manager(s). You should review each Third-Party Asset Manager’s brochure for specific information on how you may terminate your advisory relationship with the Third-Party Asset Manager and how you may receive a refund, if applicable. You should contact the Third-Party Asset Manager directly for questions regarding your agreement with the Third-Party Asset Manager. A complete description of the services provided, the amount of total fees, the payment structure, termination provisions and other aspects are detailed and disclosed in: i) the Third-Party Asset Manager’s Form ADV Part 2A; ii) the disclosure documents of the portfolio manager(s) selected; or iii) the Third-Party Asset Manager’s account opening documents. A copy of all relevant disclosure documents of the Third-Party Asset Manager and of the individual portfolio manager(s) will be provided to anyone interested in these services/managers. Conflicts of interest related to Third-Party Asset Manager recommendations will be disclosed in the event they should occur. Introduction Services BLACK TORO may act as introducer of investors and facilitating investments in mutual funds managed by third-party asset managers, from which we may receive a compensation (introduction fee). BLACK TORO does not assume any responsibility for the mutual funds offered by said asset managers. We strongly recommend Clients to perform their own due diligence on these products before investing or opening a new account. Conflicts of interest related to introduction services will be disclosed in the event they should occur. Referral Services BLACK TORO may also refer clients to other financial services companies, such as banks, brokers and other RIAs, from which we may receive a compensation (referral fee). BLACK TORO does not assume any responsibility for the products and services offered by said institutions. We strongly recommend Clients to perform their own due diligence on these institutions before opening a new account with them. Other professionals (e.g. trust companies, lawyers, accountants, etc.) may be recommended to clients or engaged directly by the client on an as-needed basis, from which we may receive a compensation (referral fee). Conflicts of interest related to recommendations of other companies and/or professionals will be disclosed in the event they should occur. Assets Under Management As a de-novo investment advisor, BLACK TORO does not have any assets under management (AUMs) or clients as of the date of this filing.