The Linonia Partnership LP (“Linonia”) is a Delaware limited partnership formed in 2023 with its principal place of business located at 414 West 14th Street, 6th Floor, New York, New York 10014. The principal owner of Linonia is Mr. Philip Uhde (the “Principal”); he has overall responsibility for the day-to-day supervision and management of Linonia’s business. Linonia provides investment advice to (i) Linonia Partners Fund LP, a Delaware limited partnership (the “Master Fund”) and (ii) Linonia Partners Offshore Fund Ltd., a Cayman Islands exempted company (the “Offshore Fund”). The Master Fund accepts direct investments from certain qualified investors and also operates as a “master fund” for the Offshore Fund. The Offshore Fund invests substantially all of its assets in the Master Fund except for such capital as Linonia determines may be reasonably necessary or appropriate to pay any fees, expenses or other costs related to the Offshore Fund itself. The Master Fund and the Offshore Fund are sometimes referred to herein as the “Funds” or the “applicable Fund” (as the context so requires). The Master Fund is managed by the general partner, Linonia Capital Partners GP LLC, a Delaware limited liability company (“Linonia Capital”). The Master Fund offers limited partnership interests in several series to investors who are (i) “accredited investors,” as defined in Regulation D under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and (ii) “qualified purchasers” or “knowledgeable employees” as defined in the U.S. Investment Company Act of 1940, as amended (the “Company Act”).

Linonia provides its services to the Funds in accordance with investment management agreements between Linonia and the Funds. In the future, Linonia may provide advisory services to managed accounts or additional unaffiliated funds or may develop and sponsor one or more additional private investment funds, however, currently Linonia only provides investment advice to the Funds. Linonia directs the investment program of the Funds and seeks to generate attractive absolute total returns over the long-term, and through multiple economic cycles, while minimizing the risk of permanent impairment of capital. Linonia conducts its own fundamental research on a wide range of companies to determine their qualification for initial and continuing investment by the Funds. Linonia conducts fundamental research to identify companies whose long-term prospects it believes may be under-appreciated by public markets investors. However, Linonia ultimately retains broad flexibility to invest on behalf of its Funds, as set forth in the respective Funds’ Offering Documents (as such term is defined in Item 5: Fees and Compensation). Linonia provides portfolio advisory and management services to the Funds based on their investment objectives and not based on the criteria or investment objective of any individual investor in the Funds. Linonia does not participate in wrap fee programs. As of February 29, 2024, Linonia manages a total of $1,032,550,440 of client assets, all of which are managed on a discretionary basis. Linonia does not manage any assets on a non-discretionary basis.