Overview AQR Arbitrage is an investment adviser with its principal place of business in Greenwich, CT. The Adviser, a Delaware limited liability company, commenced operations as an investment adviser in May 2001 and has been registered with the SEC since November 5, 2001. AQR Arbitrage is a joint venture between CNH Capital Management, LLC (“CNH CM”) and AQR Capital Management, LLC (“AQR”), a registered investment adviser (SEC Number 801-55543).1 CNH CM is owned by Mark Mitchell, Ph.D. and Todd Pulvino, Ph.D. through an intermediate entity. Clifford S. Asness is the principal owner of AQR through intermediate entities. Advisory Services AQR Arbitrage specializes in global merger arbitrage, global convertible arbitrage and other event driven strategies. AQR Arbitrage recommends investments which include, but are not limited to, individual securities (including global convertible debt and preferred securities), credit default swaps, index swaps, spot and forward currency contracts, futures, options and other derivative instruments. AQR Arbitrage provides investment management services through United States and Cayman Islands domiciled privately placed investment vehicles sponsored by AQR Arbitrage (“AQR Arbitrage Sponsored Funds”) and AQR2 (“AQR Sponsored Funds”, collectively with AQR Arbitrage Sponsored Funds, “Sponsored Funds” or “Private Funds”). AQR Arbitrage provides sub-advisory services to certain investment companies registered under the Investment Company Act of 1940, as amended (the “Company Act”)—commonly known as mutual funds (each a “Mutual Fund” and collectively, along with their wholly-owned and controlled foreign corporation subsidiaries, “Mutual Funds”)— sponsored by AQR (the “AQR Mutual Funds”). AQR is the adviser to the AQR Funds, which is an open-end registered investment company organized as a Delaware statutory trust on September 4, 2008 and is comprised of multiple active series (each a “Series Fund” which, together with their wholly-owned and controlled foreign corporation subsidiaries, comprise the AQR Mutual Funds). AQR Arbitrage serves as the sub-adviser to the AQR Diversified Arbitrage Fund, a series of the AQR Funds. Information concerning the AQR Diversified Arbitrage Fund, including a description of the services provided by the advisers and sub-advisers, is contained in the pertinent AQR Mutual Fund’s prospectus. A copy of the prospectus may be downloaded from https://funds.aqr.com. AQR Arbitrage provides investment management

services to European collective investment schemes pursuant to the Undertakings for Collective Investment in Transferable Securities—commonly known as UCITS funds – sponsored by AQR (“AQR UCITS”) and may also provide investment management services to institutional clients (“Managed Accounts”). Managed Accounts, Sponsored Funds, AQR UCITS and AQR Mutual Funds shall be collectively referred to herein as “Clients”.3 AQR Arbitrage provides advice to Clients based on specific investment objectives and strategies. Under certain circumstances, AQR Arbitrage tailors advisory services to the individual needs or requirements of a Client. For example, certain institutional investors impose restrictions on their Managed Accounts, such as prohibiting certain securities or certain types of securities, or controlling sector and industry concentrations in their portfolios or 1 AQR has primary responsibility for: (1) marketing investment vehicles sponsored or sub-advised by AQR Arbitrage to prospective investors; (2) providing investor services and reporting on behalf of investment vehicles sponsored or sub-advised by AQR Arbitrage; (3) provide trading, accounting and administration services for AQR Arbitrage and the investment vehicles sponsored or sub-advised by AQR Arbitrage; and (4) overseeing legal and compliance matters with respect to AQR Arbitrage and the investment vehicles sponsored or sub-advised by AQR Arbitrage. 2 AQR Arbitrage receives a portion of the fees paid to AQR when acting as a sub-adviser. 3 AQR Arbitrage or persons affiliated with AQR Arbitrage, from time to time and as permitted by applicable law, create seed or incubator funds (“Seed Funds”) in order to develop one or more performance track records in new investment products and/or strategies before offering them to outside investors. In certain circumstances, a Seed Fund may not be made available to outside investors. For the avoidance of doubt, the term Clients includes Seed Funds. In addition, AQR Arbitrage also advises certain other Clients whose assets include those of persons affiliated with AQR Arbitrage. AQR Arbitrage LLC | Part 2A of Form ADV: Firm Brochure 5 directing AQR to trade in a particular manner or within a certain timeframe. Likewise, other Clients may request certain customization to address specific tax or investment needs. Assets Under Management As of December 31, 2023, AQR Arbitrage had approximately $2,434,400,000 in Client net assets under management (“AUM”), all of which were managed on a discretionary basis. AQR Arbitrage LLC | Part 2A of Form ADV: Firm Brochure 6