Chesapeake Asset Management, LLC (“Chesapeake”) is an investment advisory firm based in New York City. The firm was co-founded on March 1, 1998 by Jonathan L. Smith and Sherrill L. Blalock, and has been registered as an investment adviser with the SEC since 1998. Effective May 25, 2017, Chesapeake was controlled by Gerasimos Efthimiatos and T2 Investors Inc., an entity wholly-owned and controlled by Victor Pisante. In 2021, T2 Investors Inc. assigned its interest in Chesapeake to Victor Pisante. On April 1, 2022 Chesapeake acquired Cherry Lane Capital, LLC, a state registered investment adviser. Cherry Lane Capital, LLC specialized in investment management and financial and retirement planning. As of April 1, 2022, Chesapeake is managed by Gerasimos Efthimiatos, Victor Pisante, Jesse Christensen, and Ryan Berman. As of October 14, 2023, Chesapeake is managed by Gerasimos Efthimiatos, Jesse Christensen, and Ryan Berman after Victor Pisante transferred his ownership shares to Gerasimos Efthimiatos. As of November 9, 2023, Chesapeake is managed by Gerasimos Efthimiatos and Ryan Berman. INVESTMENT SERVICES The firm offers two main services: Discretionary Services-Public Markets and Customized Global Multi-Asset Portfolios. Discretionary Services - Public Markets From inception, the firm has offered an individualized discretionary investment advisory business that manages the assets of primarily high net worth individuals, related retirement accounts, families and family partnerships, corporations, and foundations. These investments are focused on traditional public markets. Clients’ accounts are separately managed in accordance with individual objectives. Clients may impose restrictions on investing in certain securities or types of securities, if so desired. Chesapeake is also the investment manager of the following pooled vehicles:
• Concinnity Partners L.P. Chesapeake acts as the general partner of Concinnity Partners, L.P., (“Concinnity Partners”) a private limited partnership investing in publicly owned securities. Full details of the fund can be found

in Concinnity Partners’ offering documents.
• CAM Global Partners, LP Chesapeake acts as the investment manager of CAM Global Partners, LP (“CAM Global”) a private limited partnership investing in long and short securities in global markets. Full details of the fund can be found in CAM Global Partners’ offering documents. Customized Global Multi-Asset Class Portfolios Chesapeake offers customized global multi-asset class portfolios, for which the firm builds diversified portfolios covering multiple geographies and asset classes, customized for our clients’ needs. Each portfolio is customized according to client-specific guidelines and managed by the firm’s Investment Committee. Chesapeake specializes in selecting underlying managers, allocating capital globally across investment strategies and asset classes, and offering performance reporting capabilities. Chesapeake offers advice and makes recommendations regarding pooled investment vehicles, including private equity limited partnerships, hedged investments and other investment vehicles investing in private placements, venture capital funds, emerging markets’ equity and debt instruments, distressed securities and financial instruments, real estate, and minerals. The firm’s portfolio management team is experienced with the distinct needs of families and various types of institutions and employs professionals who have expertise in both areas. Chesapeake seeks to have a close working relationship and fosters long-term partnerships with all clients in order to establish and meet each client’s particular objectives and guidelines. Chesapeake manages these portfolios on either a discretionary or non-discretionary basis. Clients’ accounts are separately managed, and clients may impose restrictions on investing in certain securities or types of securities, if so desired. ASSETS UNDER MANAGEMENT As of December 31, 2023, Chesapeake’s regulatory assets under management were: Value Discretionary - Public Markets $ 163,640,089 Non-discretionary $ 494,383,252 TOTAL $ 658,023,342