RichBrook Advisors, LP (“RichBrook” or the “Firm”) is a boutique investment manager based in New York City employing multiple Mortgage-Backed Securities and Asset-Backed Securities and Consumer Loan strategies. The Firm was founded in January 2020 by Andrew Ball and Vlad Kotlyarsky who have over 40 years of combined experience trading mortgages, student loans, and other fixed income related instruments. RichBrook has been registered with the U.S. Securities and Exchange Commission (“SEC”) as an investment advisor since May 2022. Mr. Ball and Mr. Kotlyarsky are the sole limited partners of the Firm and sole controlling members of RichBrook Advisors GP, LLC the Firms general partner. Mr. Ball and Mr. Kotlyarsky are also sole controlling members of RichBrook GP, LLC (the “Fund General Partner”). RichBrook seeks to manage or advise on portfolios of agency mortgage-backed securities (“MBS”) and asset-backed securities (“ABS”), mainly focused on prepayment risk, structured to maximize risk- adjusted returns through a discretionary, relative value approach, as well as other fixed income markets. RichBrook evaluates opportunities mainly within the Agency MBS market, seeking to profit from various market inefficiencies while hedging out prevailing exposures. The Firm’s strategy may take credit risk as well in a variety of mortgage-backed and asset-backed security types, including mortgage servicing rights and various consumer assets such as student loans and unsecured consumer loans, in both loan and securitized formats. Currently, the Firm acts as the investment manager, with discretionary trading authority, for the following two (2) portfolios (Each a “Fund” or collectively, the “Funds”). The RichBrook Fund, LP a Delaware series limited partnership, has three (3) series: (1) RichBrook Fund, LP Portfolio A – Agency MBS (the “Portfolio A Master Fund”), (2) RichBrook Fund, LP Portfolio D – Agency MBS (the “Portfolio D Master Fund”, and collectively with Portfolio A Master Fund, the “Master Funds”), and (3) RichBrook Fund, LP Portfolio B -Illiquid MBS/ABS ( the “Portfolio B Onshore Fund”). The RichBrook Offshore Fund, SPC a Cayman Islands segregated portfolio company, has three (3) series: (1) RichBrook Offshore Segregated Portfolio A – Agency MBS (the “Portfolio A Feeder Fund”), (2) RichBrook Offshore Segregated Portfolio D – Agency MBS (the “Portfolio D Feeder Fund” and collectively with Portfolio A Feeder Fund, the “Feeder Funds”), and (3) RichBrook Offshore Segregated Portfolio B – Illiquid MBS/ABS (the “Portfolio B Offshore Fund”). The Fund General Partners serves as the GP to the Master Funds and Portfolio B Onshore Fund. In addition, RichBrook currently provides sub-advisory

services to two (2) privately offered pooled investment vehicles and one (1) U.S. open-end management investment company registered under the Investment Company Act of 1940 (the “Company Act”), as amended (the “Registered Investment Company”, and together with the sub-advised privately offered pooled investment vehicles, the “Sub- Advised Funds”). RichBrook also provides advisory services to institutional separately managed accounts (each an “SMA” or collectively, “SMAs”). As used herein, the terms “Client” or “Clients” generally refers to the SMAs, Funds and Sub-Advised Funds. Additionally, the terms “Investor” or “Investors” generally refer to the current or future investors within the Funds. This Brochure does not constitute an offer to sell or solicitation of an offer to buy any securities. The securities of the Funds are offered and sold on a private placement basis under exemptions promulgated under the Securities Act of 1933 (the "Securities Act") and other applicable state, federal or non-U.S. laws. Significant suitability requirements apply to prospective investors in the Funds, including requirements that they be "accredited investors" as defined in Regulation D, "qualified purchasers" as defined in the Investment Company Act, or non- “U.S. Persons” as defined in Regulation S. Persons reviewing this Brochure should not construe this as an offer to sell or a solicitation of an offer to buy the securities of any of the Funds described herein. Any such offer or solicitation will be made only by means of a confidential private placement memorandum. The Firm’s advisory services are provided to its Clients pursuant to the terms of the Funds’ relevant offering documents, the SMAs’ investment advisory agreements, the Sub-Advised Funds’ investment advisory agreements, the Registered Investment Company’s prospectus and based on the specific investment objectives and strategies as disclosed therein. RichBrook services that each Client receives are tailored to their individual needs and specified investment objectives and strategies as set forth in each Client’s offering documents, investment advisory agreements or prospectus. Each Client may impose restrictions on investing in certain types of securities in accordance with achieving their investment objectives and strategies. RichBrook does not participate in a wrap fee program. As of December 31, 2023, RichBrook manages approximately $815,198,492 in Regulation Assets Under Management, $804,583,644 of which was on a discretionary basis and $10,614,847 on a non- discretionary basis.