FoW Partners, LP (the “Adviser”) is a Delaware limited partnership that provides investment advisory services to privately offered investment funds (collectively with any future funds advised by the Adviser, the “Funds”). The Adviser commenced operations in November 2023. VBD Holdings, LLC is the general partner of the Adviser, which is principally owned by Warren Valdmanis, Ian Blasco and Edward Demetriou. The Adviser invests in companies that prioritize human capital (e.g., workforce) innovation. The Adviser seeks to combine active, principled ownership with the application of data science to attain positive social and investment outcomes through investment in portfolio companies’ workforces. The Adviser’s advisory clients consist of the Funds. Further information regarding the investment strategy and terms of such funds are detailed in their respective offering documents. The Funds seek to generate long-term capital appreciation primarily through acquiring interests in businesses primarily organized and/or headquartered in the United States and Canada that seek, or could be caused to seek, to create “Good Jobs” within select sub-sectors of the consumer, healthcare, business services and education and training sectors, and making follow-on investments with respect thereto. The Adviser views “Good Jobs” on a proprietary multi-factor basis that takes into account fairness, growth, purpose, leadership and associated factors. The strategies the Funds pursue are long-term and discretionary in nature. A Fund generally seeks to achieve returns commensurate with a corresponding level of investment and liquidity risk. As manager of the Funds, the Adviser identifies and evaluates investment opportunities, negotiates the terms of investments, manages and monitors investments and seeks to achieve dispositions for such investments. Although investments are made predominantly in non-public companies, investments in public companies are permitted in limited circumstances. A Fund seeks to acquire established businesses in growing industries that the Adviser expects to thrive as technology evolves, and where the Adviser sees potential for “Workforce Impact” by (i) seeking to make a series of workforce-focused strategic, operational and investment decisions that are intended to directly improve job quality among its portfolio companies; (ii) seeking to indirectly increase workforce job quality by targeting a portfolio that includes, in part, certain businesses that promote education and training within the workforce; and (iii) broadly sharing its learnings as a strategy to increase job quality throughout the workforce. The Adviser will further seek to leverage its data science capabilities in order to measure job quality, unlock human potential, improve job quality in the workforce and improve financial performance. Some of a Fund’s investments may focus on enabling businesses that seek to act as catalysts to transform disrupted workers into competitors for tomorrow’s jobs, particularly “middle skills” jobs (e.g., jobs that may require specialized training but not a college degree), while others may be emerging business models with the potential to be enabled by technology and to create Good Jobs, including jobs of all skill levels. From time to time, where such investments consist of portfolio companies, the senior principals or other personnel of the Adviser or its affiliates generally serve on such

portfolio companies’ respective boards of directors or otherwise act to influence control over management of portfolio companies in which a Fund has invested. Investors in a Fund (generally referred to herein as “investors” or “limited partners”) participate in the overall investment program for such fund, but in certain circumstances may be excused from a particular investment due to legal, regulatory or other agreed-upon circumstances pursuant to the relevant Fund Agreement (as defined below). Such arrangements generally do not and will not create an adviser-client relationship between the Adviser and any investor. A Fund or the applicable general partner entity generally enters into side letters or other similar agreements (“Side Letters”) with certain investors that have the effect of establishing rights (including economic or other terms) under, or altering or supplementing the terms of, the relevant Fund Agreement with respect to such investors. Other than those restrictions set forth in the applicable Fund Agreement, investors generally may not impose restrictions on investing in certain securities or certain types of securities. The Adviser from time to time and as permitted and required by the pertinent Fund Agreement, expects to provide (or agree to provide), co-investment opportunities (including the opportunity to participate in co-invest vehicles and fund-of-one vehicles) to certain current or prospective investors or other persons, including other sponsors, market participants, finders, consultants and other service providers, the Adviser’s personnel (or their estate planning or other similar vehicles) and/or certain other persons associated with the Adviser and/or its affiliates (e.g., a vehicle formed by the Adviser’s principals to co-invest alongside a Fund). For strategic and other reasons, a co-investor or co-invest vehicle (including a co-investing fund) has, and from time to time will, purchase a portion of an investment after the relevant Fund has consummated its investment in the applicable portfolio company (also known as a post-closing sell-down or transfer), which generally will have been funded through Fund investor capital contributions and/or use of a Fund credit facility. Any such purchase from a Fund by a co-investor or co-invest vehicle generally occurs shortly after the Fund’s completion of the investment to avoid any changes in valuation of the investment, but in certain instances could be well after the Fund’s initial purchase. In such cases, where appropriate in the Adviser’s sole discretion, the Adviser reserves the right to charge interest on the purchase to the co-investor or co-invest vehicle or otherwise equitably to adjust the purchase price under certain conditions, and to seek reimbursement to the relevant Fund for related costs. However, to the extent such amounts are not so charged or reimbursed, they generally will be borne by the relevant Fund. The Adviser’s advisory services to a Fund are detailed, as applicable, in the applicable private placement memoranda or other offering documents (each, a “Memorandum”), investment management agreements, limited liability company or other operating agreements or governing documents (each, a “Fund Agreement”) and are further described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” As of April 10, 2024, the Adviser has $611,986,075 regulatory assets under management.