A. Company Profile Founded in 1995, APS Asset Management Pte Ltd (“APS”) is a Singapore-based fund management firm. The principal activities of APS are to provide fund management specializing in equity investments with a focus on China. Wong Kok Hoi, Founder and Chief Investment Officer of APS and his team of senior professionals are experienced in investing predominantly in Greater China. The firm operates out of Singapore, Shanghai, Shenzhen and Beijing. APS is a holder of Capital Market Services licence issued by the Monetary Authority of Singapore to conduct fund management activities and registered as an investment adviser by the U.S. Securities and Exchange Commission. APS is also registered with the Ontario Securities Commission as an advisor in the category of Portfolio Manager and has also been registered as a Portfolio Manager under MI 11-102 Passport System in British Columbia and Quebec. We aim to provide high quality value-added portfolio management services to investors. Our clients are mainly institutions that include pensions, endowments and foundations as well as financial intermediaries including fund of funds, private wealth management and family offices based in North America, Europe and Asia Pacific. APS is a fully independent and employee-owned fund management firm offering investment management services to qualified investors in Asia, North America and Europe. The largest shareholder is Mr. Wong Kok Hoi, Founder and CIO. The remaining shareholders are employees and ex-employee of the firm. APS currently has one subsidiary company under the group. APS China Asset Management Co., Ltd (“APS China”) provides asset management and research services. The main office is in Shanghai with 2 other offices in Shenzhen and Beijing. APS China was granted a Private Securities Investment Fund Manager license from the Asset Management Association of China in July 2018. The license allows the company to develop investment products for institutional and high net worth investors in China. The APS group structure as at

21 March 2024 is shown below: 100% APS Asset Management Pte Ltd APS China Asset Management Co., Ltd The ultimate holding company of APS group is Asian Portfolio Specialists Pte Ltd, a company registered in Singapore. It owns 86% of APS. The principal owner who owns more than 25% of APS is Mr. Wong Kok Hoi. He owns 89% of APS directly and indirectly through his holdings in Asian Portfolio Specialists Pte Ltd. B. Services Provided APS provides fund management and investment research as ancillary services to fund management. It also performs other supporting functions such as trading, compliance, risk management, marketing, client servicing and all operational back-office support to its subsidiary. It specializes in managing portfolios invested mainly in equities with a focus on China. The total discretionary asset under management is US$1.48 billion as of 31 December 2023. The total non discretionary asset under management is US$63.91 million as of 31 December 2023. The investor segmentation as of 31 December 2023 is: Mutual Funds: 29% Managed accounts: 71% As at 31 December 2023, APS managed a total of 4 mutual funds for high net worth individuals and institutional investors. They were: APS All China Long Short Fund: US$197.68m APS China A Share (Cayman) Fund: US$93.25m APS Fund SICAV – APS All China Alpha Fund : US$48.10m APS All China Alpha Fund: US$108.95m APS may enter into “side letter” agreements or other similar arrangements where one or more investors in the funds retain additional and/or different rights (including, for example, fee arrangements) than other investors. APS will not enter into a “side letter” with any investor that provides certain investors with preferential redemption rights or liquidity preferences that can potentially create conflicts among investors in the funds. Clients may impose restrictions on investing in certain securities or types of securities by signing investment management agreements with APS. APS does not participate in wrap fee programs.