Advisory Firm Palisade is a Delaware Limited Liability Company formed on March 31st, 2022. The Firm is owned by Palisade Investment Partners Americas LLC. Palisade Investment Partners Americas LLC is beneficially owned by Palisade Investment Partners Limited (an Australian company). Palisade Investment Partners Limited is partially beneficially owned by Pinnacle Investment Management Limited. The Firm is controlled by Palisade Investment Partners Americas LLC, Palisade Investment Partners Limited, Roger Lloyd, and Michael Fredrick Reynolds. Palisade Investment Partners Limited and its related entities have been appointed to act as the investment manager and investment adviser to a number of private investment vehicles which intend to acquire assets located in North America. The vehicles are beneficially owned by investment vehicles domiciled in Australia structured as unlisted unit trust vehicles (collectively the “Funds”). These Funds are managed by Palisade Investment Partners Limited and Palisade Impact Pty Ltd (a related entity of Palisade Investment Partners Limited) and investment decision making in respect of those Funds (including the decision to appoint the Firm) will remain in Australia. Types of Services Offered The principal activity of Palisade is to provide discretionary investment management services including investment advisory services, specializing in global infrastructure and real assets investments. The Firm provides investment management services based on specific investment objectives and strategies. The investments will be within investment guidelines set forth in the Fund’s offering documents (as amended and supplemented from

time to time) . Palisade may also provide investment management services to separately managed accounts (“SMAs”) and private investment vehicles domiciled in North America in the future. Ability to Tailor Services and Impose Restrictions The investment objectives and strategy for the Funds are described in the relevant offering documents. Palisade provides investment management services based on the specific investment objectives and strategies and not individually to investors (the “Investors”). Since the Firm does not provide tailored advice to the Investors, such investors should consider whether the investment strategies are in line with their risk tolerance. The Funds may from time to time enter into side letter agreements or other similar agreements (“Side Letters”) providing investors with additional and/or different rights and benefits. The investment manager may also reduce the minimum subscription amounts in consultations with the Firm, subject to requirements by applicable laws. Wrap Fee Programs Palisade does not participate, sponsor or act as a portfolio manager for any wrap fee programs. Client Assets As of June 30th, 2023, Palisade had approximately US$198,000,000 of regulatory assets under management on a discretionary basis. The performance of the Funds will be reported, fees will be calculated, and all subscriptions and redemptions will be transacted, in Australian dollars (“AUD$”). The Firm will receive some fees from Palisade Impact Pty Ltd calculated in US dollars (“US$”) but the calculation of fees for the Fund will remain in AUD$ and Palisade Impact Pty Ltd will be responsible for any differential resulting from currency movements.