General AAM is a limited liability corporation formed in the State of Florida on or about November 2016 and is registered with the SEC to conduct business as an Investment Adviser. AAM is fully owned by Allaria Latam Investment Services, Inc. (“ALIS”) which is indirectly owned by Allaria Latam Inversiones S.A. (“ALI”). ALI is owned by Allaria Inversiones Globales S.A. (formerly known as Friwer International S.A.) which is ultimately owned by Allaria S.A. (formerly known as Allaria Ledesma y Cia. S.A.) Allaria S.A. is majority owned by Ernesto Allaria, Enrique A. Martí and Juan F. Politi. Description of Advisory Services AAM provides asset management, research, and other financial advice to individuals and corporations. AAM’s advisory services are provided through various types of discretionary and non-discretionary accounts (the “Accounts”) in accordance with each client’s investment objectives and pursuant to the terms outlined in its investment advisory agreement. The Adviser’s discretionary and non-discretionary investment management services include the design, structure, and implementation of investment strategies for managed Accounts. Investment activities focus on investments in various kinds of assets and securities in a variety of markets that is intended to fit within the client’s objectives, strategies and risk profile as described by each client. The overall advisory services offered by AAM fall within the following categories: ➢ Customized Discretionary Portfolios Adviser offers discretionary separately managed Accounts that are customized to each client. Managed Accounts may focus on investments in specified and limited kinds of assets and securities, in limited markets, or they may be broad-based across many asset classes and markets. Such accounts are intended to fit within the investor’s objectives, strategies and risk profile as described by each client. The strategies utilized for these customized accounts may be similar to or may vary widely from the core strategies typically utilized by the Adviser, as further described in Item No. 8 or customized for each client based upon varying factors.

Clients may place targets on these accounts and may restrict the types of investments made in such accounts. ➢ Selection of Sub-Advisers AAM may engage the services of sub-advisers to assist or manage client portfolios. Such activities include, but are not limited to the selection and monitoring of client portfolios, as well as asset allocation and continued analysis related to the Adviser’s portfolio management services. Sub-advisers services are contracted by the Adviser. AAM may engage its affiliates or other related parties to act as a sub-adviser. In the event such activity exits, AAM notes a potential conflict of interest may exist, as well as related fees may be shared with the sub-adviser pursuant to the terms of a formalized agreement. ➢ Other Non-Discretionary Advisory Services Adviser provides non-discretionary advisory services to all types of clients in accordance with a non- discretionary advisory agreement between Adviser and the client. Each agreement typically defines the P a g e| 5 services to be provided and if a fee is charged, the fees will also be agreed to in the advisory agreement. Adviser also provides recommendations and research regarding the investment of securities and cash in a client’s account. These services are individually tailored to each client’s needs and such advice may be provided to accounts with assets maintained at various third parties. ➢ Other Services Adviser may provide additional services for clients from time to time as agreed between the client and the Adviser. Wrap Fee Programs Adviser does not currently participate in any Wrap Fee Programs. Regulatory Assets Under Management As of December 31, 2023, AAM maintained approximately $140,642,512 in assets under management on a discretionary basis. Additional General Information Other professionals (e.g., lawyers, accountants, insurance agents, etc.) may be recommended to clients or engaged directly by the client on an as-needed basis. Conflicts of interest related to recommendations of other professionals will be disclosed to the client in the event they should occur.