MFIM, an Illinois corporation formed in 1986, is an investment advisor registered with the SEC with its principal place of business located in Illinois. MFIM does not provide tax or legal advice. Clients should consult with an expert on matters pertaining to tax or legal matters. MFIM's principal shareholder is Mesirow Financial Services, Inc., which is a wholly-owned subsidiary of Mesirow Financial Holdings, Inc. (“MFHI” or “Firm”). MFIM Currency offers Currency Advisory and other exposure management services solely for eligible contract participants ("ECP"), as defined by the Commodities Exchange Act, through separately managed accounts and funds. MFIM Currency also provides Collateral Management Support Services to existing Currency Advisory Services clients. CURRENCY ADVISORY SERVICE MFIM Currency provides three types of risk management overlay services for ECPs with portfolios that are exposed to currency exchange rate exposures. These services are called active, passive, and passive-plus. These services isolate the currency component from the underlying asset base and manages the associated risks independently. The goal of currency overlay is to reduce volatility and risk within the portfolio, while enhancing the overall return. In addition to the risk management overlay services, MFIM Currency offers currency return strategies. These strategies are called Intelligent Currency Factor Strategy, Emerging Markets Currency Alpha, Asian Markets Currency Alpha, Extended Markets Alpha and Systematic Macro. The Intelligent Currency Factor Strategy aims to capture currency returns via three distinct risk premia existing in the currency markets (i.e. carry, value, and momentum). Emerging Markets Currency Alpha, Asian Markets Currency Alpha, and Extended Markets Alpha are primarily systematic investment processes with a discretionary risk overlay. The Systematic Macro is a purely systematic investment process with no discretionary risk overlay. MFIM Currency provides currency services to an affiliated business unit. MFIM also serves as a subadvisor to Registered Investment Companies. MFIM’s other business units also serve as general partner to a number of private investment vehicles structured as limited partnerships. As of March 31, 2023, MFIM Currency manages approximately $135.7 billion1 in client assets on a discretionary basis

and no client assets on a non-discretionary basis. FIDUCIARY EXECUTION In addition to the currency overlay services described above, MFIM Currency offers a non-discretionary investment management service focused on high quality execution called Fiduciary Execution. Fiduciary Execution is a full-service execution service where MFIM Currency executes trades on clients’ behalf as an agent. In connection with the execution service MFIM Currency may also evaluate and make recommendations to clients, on a non-discretionary basis, with respect to the type, structure, time horizon and size of instruments to be traded in order to provide efficient hedging and risk mitigation strategies. 1 Currency assets under management includes AUM associated with (i) active and passive currency risk management products $134.91 billion, (ii) non-fx overlay strategies such as equitization and beta overlays $730.90 million, and (iii) alpha strategies $32,888,890. In all such cases, AUM is calculated based on notional value of currency investments. Additionally, AUM for alpha strategies is adjusted because clients can select a volatility target (generally between 2% and 12% annualized), which is normalized to 2% in order to create a consistent depiction of alpha strategy AUM. This results in a “scaled” AUM, which is higher than the actual aggregate notional value of all alpha strategy portfolios if clients have selected a volatility target higher than 2%. As of 03.31.23, the “unscaled” AUM for alpha strategies was $5,390,048. COLLATERAL MANAGEMENT SUPPORT SERVICE MFIM Currency provides a Collateral Management Support Service for certain clients of its Currency Advisory Service. The Collateral Management Support Service manages and effectuates the calculation and exchange of collateral between clients and counterparty banks. The Collateral Management Support Service is typically performed in connection with satisfying regulatory margin requirements; however, clients can utilize the service for purposes other than satisfying regulatory requirements. EXPOSURE MANAGEMENT MFIM offers a rules-based overlay investment advisory service using securities and other instruments solely for eligible contract participants ("ECP"), as defined by the Commodities Exchange Act, through separately managed accounts and non-sponsored funds. These services include cash overlays, policy implementation, and other custom hedges.