Schultze Asset Management, LP (“SAM”, “Company” or “Firm”), a Delaware limited partnership, w a s o r i g i n a l l y organized as a limited liability company on February 2, 1998. It was converted to a Delaware limited partnership on June 30, 2015. It is primarily owned by George Schultze, Managing Member of Schultze Asset Management GP, LLC (“Managing Member”), and provides investment advisory service to clients on a discretionary basis. As of December 31, 2023, SAM managed $60,454,779 on a discretionary basis. SAM serves as an investment manager to several related collective investment vehicles, including private investment partnerships and foreign investment companies, organized to invest in securities and other financial instruments (collectively “Private Funds” or “Funds”). SAM also manages separate accounts for institutional and individual clients (“SMAs”, together with Private Funds, “Clients”). SAM seeks to exploit market inefficiencies and security mis-pricings due to issuer distress across a range of corporate securities, in any part of the capital structure, at any point in the bankruptcy process or distress cycle. Through a highly disciplined investment process, SAM seeks to identify undervalued distressed securities that are inefficiently priced and buy them when one or more "catalyst events" are likely to drive values substantially higher. Among other things, catalyst events may include the filing of a bankruptcy reorganization plan, litigation resolution, and negotiation of an out-of- court bankruptcy plan or asset disposition. In certain cases, catalyst events may result from SAM’s active involvement in the restructuring process. Conversely, SAM’s investment process also seeks to identify attractive short selling opportunities that may arise from undue optimism that a distressed company will somehow resolve or ‘muddle through’ its problems without the need to restructure or seek bankruptcy protection. Short positions are almost always un-hedged and are generally introduced to the portfolios when the SAM’s research indicates a near-term catalyst, such as a bankruptcy filing or liquidity event, will likely drive the value of the security lower. Finally, SAM will sometimes invest in a range of relative value trades. SAM believes its investment approach is differentiated from other distressed hedge fund managers in several ways: 1) SAM invests both

long and short; 2) SAM invests in a range of issuer securities across the capital structure. Each class of security offers unique opportunities during various stages of the bankruptcy process in reaction to issuer distress; 3) SAM pursues investment opportunities in all phases of the bankruptcy cycle pre- through post-reorganization; 4) SAM focuses on mid-cap and large-cap companies in bankruptcy for long investments. Because of their size, mid-cap deals may be overlooked by larger managers and therefore may trade at attractive valuation discounts; 5) SAM invests in both passive trading, and in more active positions; and 6) SAM’s deep fundamental investment research process benefits from a review of legal issues by in-house SAM attorney, as well as outside counsel review, at SAM’s sole discretion. SAM also offers other investment strategies, separate from its primary distressed securities investing strategy, through SMAs. These SMAs can be designed by SAM to be specialized in order to attempt to match the particular needs or circumstances of different types of clients. For example, a retired individual may seek to have more income, as opposed to capital appreciation, as one of his primary investment goals. Under this example, SAM can set up the managed account to increase exposure to less risky securities and also provide more or less diversification than typically employed by the pooled investment vehicles which focus on distressed securities investing. Alternatively, Clients in SMAs can opt out of certain parts of SAM’s typical distressed securities investment strategy (such as shorting, using leverage, Level Three securities, fixed income securities, etc.) or achieve enhanced liquidity (such as monthly or daily liquidity) and/or achieve enhanced transparency directly down to the positions being managed by SAM. Currently, certain SMAs that do not focus on distressed securities investing offer a value investment approach that combines fundamental due diligence with macroeconomic forecasting to select securities. Importantly, Clients are urged to set forth in as much advance detail as possible their goals and expectations for the managed account being formed at the time of opening the account with SAM. In managing these accounts, SAM generally uses major third party broker dealers so that the Client can get their monthly or quarterly statements directly from said broker.