Sycamore Tree Capital Partners, L.P. (“STCP”), founded in October 2019, is a Delaware limited partnership with its principal place of business in Dallas, Texas. Sycamore Tree is materially owned by, directly and indirectly, Mark Okada, John (Jack) Yang, and Lee (Trey) Parker. STCP serves as an investment manager and provides investment advisory services on a discretionary basis to privately offered pooled investment vehicles, including Sycamore Tree Opportunistic Credit Fund, LP (the “STOC Fund”), Sycamore Tree High Grade CLO Debt Fund, LP (the “HG Fund”), and Sycamore Tree Floating Rate Loan Fund, LP (the “FR Fund”). Sycamore Tree CLO Advisors, L.P. (“STCLO”), founded in April 2021, is a Delaware limited partnership with its principal place of business in Dallas, Texas. STCLO is owned by Sycamore Tree Capital Partners, L.P. STCLO serves as an investment manager and provides investment advisory services on a discretionary basis to privately offered pooled investment vehicles, including Sycamore Tree CLO Fund, LP (the “CLO Fund”), Sycamore Tree CLO 2021-1, Ltd., Sycamore Tree CLO 2023-2, Ltd., Sycamore Tree CLO 2023-3, Ltd., Sycamore Tree CLO 2023-4, Ltd., and Sycamore Tree CLO 2024-5, Ltd. In addition to providing investment advisory services to private funds, STCLO also serves as collateral manager to pooled investment vehicles that are CLO warehouses. The CLO warehouses are generally organized in the Cayman Islands. The investment management relationship between STCLO and each CLO warehouse is governed by a collateral management or similar agreement and the constituent documents of the CLO. Each pooled investment vehicle is referred to individually as a “Fund” and collectively as the “Funds.” The Funds and the CLO warehouses for which STCLO serves as collateral manager are referred to herein as Sycamore Tree’s “Clients.” Within each fund structure is a designated general partner (referred to collectively as the “General Partner”). Sycamore Tree provides investment advisory services to the respective Fund’s portfolio based on the particular investment objectives and strategies described in the respective Fund’s confidential offering memorandum, limited partnership agreement, and other governing documents (referred to collectively as “Offering Documents”). The STOC Fund’s

investment objective is to seek to generate attractive absolute and risk-adjusted returns by investing in U.S. dollar-denominated, tradeable senior corporate loans and bonds of U.S. companies and debt and equity securities of CLO issuers. The FR Fund’s investment objective is to seek to provide attractive risk-adjusted returns via investments in broadly syndicated leveraged loans that generate primarily floating rate income. The HG Fund’s investment objective is to preserve capital and provide floating rate income by investing primarily in the investment grade new issue and secondary bonds issued by U.S. collateralized loan obligations managed by third party managers. The CLO Fund’s investment objective is to generate positive returns, primarily by investing in (i) the economic equity securities of collateralized loan obligations and (ii) warehouse facilities for such collateralized loan obligations, as well as (iii) economic debt securities of collateralized loan obligations (together (i), (ii) and (iii) “CLOs”). The Fund is designed to provide investors with exposure to the equity in CLOs managed by STCLO, such transactions issued as part of the STCLO series of CLOs (such CLOs, the “Sycamore Tree CLOs”). STCLO also serves as collateral manager (“Collateral Manager”) of the Sycamore Tree CLOs. Sycamore Tree’s investment management and advisory services to the Clients are provided pursuant to the terms of the Offering Documents. Accordingly, investment advisory services to the respective Funds are not tailored to the individualized needs or objectives of any respective Fund investor. An investment in a respective Fund by an investor does not, in and of itself, create an advisory relationship between the investor and Sycamore. Investors are generally not permitted to impose restrictions or limitations on the management of any respective Fund. Sycamore Tree does not participate in a wrap fee program. As of December 31, 2023, Sycamore Tree manages approximately $1,787,294,900 in client assets on a discretionary basis. Sycamore Tree does not manage any client’s assets on a non-discretionary basis. The SEC has adopted a uniform method for advisers to calculate assets under management for regulatory purposes which it refers to as an adviser’s “regulatory assets under management.”