Level 5 Capital Partners, LLC (“Level 5” or the “Manager”) is a Georgia limited liability company based in Atlanta, Georgia that was organized in 2016. The co-founders and principal owners of Level 5 are Chris Kenny and Charles Meyers. Level 5 primarily provides discretionary investment advisory services to private pooled investment funds and special purpose vehicles (each, individually a “Fund,”) including Level 5 Capital Partners Fund 1, LP (“Fund 1”), Level 5 Capital Partners Fund 2, LP (“Fund 2”), L5 Big Blue Swim School No. One, LLC, L5 Big Blue Swim School No. Two, LLC, L5 Big Blue Swim School No. Three, LLC, L5 Big Blue Swim School No. Four, LLC and L5 Big Blue Swim School No. Five, LLC (collectively, the “Big Blue Funds”) and several Special Purpose Vehicles (each, individually an “SPV”, and collectively, the “SPVs” and together with Fund 1, Fund 2 and the Big Blue Funds, the “Funds” or “Clients”). Level 5 Clients primarily pursue an investment strategy that invests primarily in small to mid-market companies in consumer facing local services businesses. The investment vehicles are structured as Delaware, Illinois, Georgia or Cayman Islands limited partnerships and limited liability companies. Level 5 or a related person of Level 5 generally acts as “General Partner” of each Fund that is a structured as a limited partnership, and Level 5 acts as investment manager of each Fund. Level 5 is generally granted investment authority with respect to the management of the accounts of its Clients. Level 5 seeks investment opportunities in portfolio companies within the realm of consumer services and experiences. Level 5 has traditionally focused on the fitness, kids, family services and recovery & wellness sub-sectors, although the Manager’s scope is not necessarily limited

to these sub-sectors. The Funds may make investments directly or indirectly for the purpose of owning, acquiring, operating and/or developing businesses or real property on which such businesses are, or will be, located. Each Fund is intended for investment by certain investors (collectively the “Limited Partners” and each a “Limited Partner”) that meet the definition of “accredited investor” as defined under Regulation D of the Securities Act of 1933, as amended, “qualified clients” as defined under Section 205-3 of the Investment Advisers Act of 1940, as amended (the “Advisers Act”) and/or “qualified purchasers” under Section 2(a)(51) of the Investment Company Act so as to comply with the exemptions under Section 3(c)(1) or Section 3(c)(7) of the Investment Company Act, as applicable to each Client. Level 5 tailors its advisory services to the specific investment objectives and restrictions of each Client. Limited Partners and prospective investors in each Fund should refer to the confidential private placement memorandum, limited partnership agreement and other governing documents for each Fund (the “Governing Documents”) for more complete information on the investment objectives and investment restrictions with respect to a particular Fund. There is no assurance that the investment objectives of any of the Funds will be achieved. Level 5 and/or the General Partner of a Fund may enter into “side letters” or similar agreements with certain investors in the Funds granting the Limited Partner certain specific rights, benefits, or privileges that are not made available to Limited Partners generally. Level 5 does not participate in any wrap fee programs. As of December 31, 2023, Level 5 managed regulatory assets under management of $370,000,000 on a discretionary basis.