Introduction Nikko Asset Management Americas, Inc. (“Nikko AMA”) is the U.S. based subsidiary of the Nikko Asset Management Group (“Nikko AM Group”), which is headquartered in Tokyo. Nikko AMA is an investment adviser (“IA”) registered with the U.S. Securities and Exchange Commission (“SEC”), Commodity Trading Advisor (“CTA”) registered with the Commodity Futures Trading Commission (“CFTC”), and a National Futures Association (“NFA”) member firm. Corporate History The history of Nikko AM dates back to 1959 when its predecessor Nikko Securities Investment Trust Co., Ltd. was established. It subsequently merged with Nikko International Capital Management Co., Ltd. (established 1981) in 1999, to form Nikko AM. As one of Japan’s largest asset management companies, Nikko AM has significantly expanded its operations both in Asia and internationally, in pursuit of its primary business objective: to become the world’s leading pan-Asian asset management group. It is the Nikko AM Group’s core belief that there are great opportunities for specialist investment managers in the fast growing Asian markets and what clients and distributors really want is a strong, dedicated Asian based investment firm, like Nikko AM, which can grasp the often nuanced and local characteristics of markets and global investor requirements. By utilizing its deep knowledge of the local markets in Asia and leveraging the group’s global presence and resources, Nikko AM aims to maximize the value it delivers to its clients regardless of their geographic location. The acquisitions of DBS Asset Management Ltd. and Tyndall Investment Management Limited during 2011, and Treasury Asia Asset Management Limited in 2013 have enabled the Nikko AM Group to significantly strengthen its presence across Asia. Nikko AM also extended its capabilities in Europe with the addition in August 2014 of an Edinburgh-based investment team, which previously managed the high-alpha equity strategy at Scottish Widows Investment Partnership. The team now manages Nikko AM’s Global Equity strategy. These acquisitions have significantly contributed to the diversity of Nikko AM Group’s assets under management and client base, as well as its global team of investment professionals. As a result of its acquisitions, the Nikko AM Group can offer global investment and distribution capabilities in Tokyo, Singapore, Hong Kong, Auckland, Edinburgh, London and New York. Nikko AM also owns 40% of Rongtong Fund Management in China, 20% of Affin Hwang Asset Management Berhad in Malaysia, 20% of Yarra Capital Management in Australia and a minority stake in ARK Investment Management LLC in the US. Ownership* As at March 31, 2023, Nikko AMA was a wholly owned subsidiary of Nikko Asset Management Co., Ltd. (“Nikko AM”), which in turn is majority owned by Sumitomo Mitsui Trust Holdings, Inc. (“SMT Holdings”), a holding company of the Sumitomo Mitsui Trust Group. Assets Under Management As at March 31, 2023, consolidated assets under management and advice of the Nikko AM Group were approximately USD

209.4 Of this, Nikko AMA was responsible for USD 9,903,626,178 which can be broken down as follows: Regulatory AUM (in USD) Discretionary Assets 9,797,215,702 Non-Discretionary Assets 106,410,476 Total 9,903,626,178 Advisory Services In responding to the diverse needs of investors, the Nikko AM Group offers both active and passive investment capabilities across equity, fixed income and alternative asset classes, with key strengths in multiple-pan-Asian asset strategies. The Nikko AM Group’s hybrid culture, experience and Asia-focused perspective offers crucial insights into understanding the nuances of opportunities and challenges within Asian markets. This informs investment decisions in a way that is extremely hard for non-local firms to emulate. Moreover, as a group, we have shown a deep commitment to the region, establishing a strong bench of investment expertise within these specialized markets. Our experience of investing and advising clients on Asian securities, broken down by region, is as follows: ➢ Japanese Equities – since 1959 ➢ Asia Pacific ex Japan – since 1990 ➢ Emerging Asia – since 1994 ➢ China – since 2005 ➢ Multi Assets – since 2014 ➢ Global Equities – since 2014 Nikko AM believes the best way of managing regional portfolios is to rely on the expertise of local professionals, based in the appropriate investment region. Portfolio managers and research analysts are highly experienced professionals, with in-depth knowledge of their own markets, as well as cultural and political aspects impacting them. The skills and expertise of each team is combined and brought together to offer specialist regional asset management services. As a result, mandates may be sub-delegated to specialist investment teams at Nikko AM Group affiliates in Tokyo, Singapore, Hong Kong, Edinburgh, London and New York. Additionally, on a non-discretionary basis, Nikko AMA may receive research or model portfolio construction from certain third-party sub-advisers for applicable portfolios managed by Nikko AMA. Additionally, the Nikko AM Group also provides sub-advisory services. These services are offered a means of accessing products managed by leading asset managers, world-wide. Services are primarily provided to individual and institutional investors (“clients”), through investment companies or other pooled investment vehicles, including mutual funds, closed- end investment companies, Japanese Investment Trusts, unit investment trusts, collective investment trusts, private companies, hedge funds or offshore funds (“pooled investment vehicles”) and separate (segregated) accounts. Nikko AMA manages portfolios in accordance with the specified guidelines and objectives of each individual client. In this regard, clients may impose restrictions on investing in certain securities or types of securities. Services may also be limited by legal and regulatory requirements. Such restrictions will be clearly specified in investment management agreements, following consultations with clients, and will consider the impact of the proposed restriction of the investment strategy, relevant laws and regulatory requirements.