LLR Management HoldCo, L.P. succeeded the fund advisory business of LLR Walnut, L.P. on September 26, 2022, when LLR Management HoldCo, L.P. became a registered investment adviser with the United States Securities and Exchange Commission (“SEC”). From and after September 26, 2022, LLR Management HoldCo, L.P. serves as a lead advisory entity and LLR Management, L.P. serves as a Relying Adviser under the firm’s umbrella registration with the SEC (LLR Management HoldCo, L.P. collectively with LLR Management, L.P., “LLR”). LLR Management, L.P. was co-founded by Ira Lubert, Seth Lehr and Howard Ross (the “Co-Founders”) in 1999. The management and operations of LLR is currently conducted by Mr. Ross, ten additional Partners, LLR’s Senior Leadership Team (collectively referred to as “Senior Leadership”) and over 50 additional professionals with broad financial experience. In addition, entities affiliated with Petershill Partners plc (“Petershill”) hold a passive minority interest in LLR Management HoldCo, L.P. and its affiliated general partners and managers of the Funds (as defined below). Petershill has no authority over the day-to-day operations or investment decisions of LLR or the Funds, although it does have certain customary passive minority protection rights. LLR provides investment management services to pooled investment vehicles, typically limited partnerships (referred throughout as the “LLR Funds” or the “Funds”), that invest primarily in lower middle-market growth businesses (“portfolio companies”) operating in various industries. These investments employ a variety of structures and transaction types, including minority or majority ownership positions, growth capital, buyouts, recapitalizations or some combination thereof. References herein to LLR may include, as the context requires, various entities controlled by LLR and through which LLR provides investment management services, such as entities that serve as general partners to its Funds. LLR’s primary clients are the LLR Funds, each of which is not registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”), and whose securities are exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). LLR may also from time to time provide advisory services to certain co-investors in the LLR Funds’ portfolio

companies. No LLR Funds’ equity interests are offered hereby, and each LLR Fund is open for investment only through a “private placement” offering. The LLR Funds are intended only for accredited investors, qualified clients and qualified purchasers, as defined under the Federal securities laws. LLR provides investment advisory services to each Fund in accordance with the Fund’s limited partnership agreement (or analogous organizational document), applicable advisory agreement and private placement memoranda. Investment advice is provided directly to each Fund, subject to the discretion and control of the Fund’s general partner, and not individually to any investor in any Fund. Investment guidelines and restrictions for each LLR Fund are established in the organizational and offering documents of the applicable Fund. As further discussed in this filing, LLR has established an internal “Value Creation Team,” that provides support to LLR Fund portfolio companies, including strategic planning, operational improvement consulting, capital markets consulting, and talent management consulting services, as well as diligence support in connection with the LLR Funds’ investing activities. Such services include, among others, managing executive searches, serving in portfolio company management positions on an interim basis and providing support and project-based consulting services in areas of go-to market and customer lifecycle support, sales and marketing, information technology, finance and accounting, capital markets, M&A integration and sale transaction preparedness support, project management and development and strategic planning and other functional area. support LLR also has an internal Business Development Team comprised of employees that devote a substantial amount of time and effort to business development, including, for any given year, spending a portion of their time and effort sourcing add-on acquisitions for, or otherwise assisting, LLR Fund portfolio companies. Specific time allocations are not tracked as between sourcing efforts for new portfolio companies for LLR Funds and add-on acquisitions for LLR Fund portfolio companies. As of December 31, 2023, LLR Funds’ regulatory assets under management (inclusive of any Relying Advisers) were approximately $5,884,305,456 and are managed on a discretionary basis.