Alpine is a Delaware corporation that was organized in 1984. Mrs. Victoria E. Zoellner is Alpine's sole shareholder and the Chairman of Alpine's Board of Directors. Alpine provides investment advisory services to institutions. Its clients consist primarily of a group of seven domestic limited partnerships, one offshore corporation and one offshore trust (together, the "Alpine Funds") that are managed by Alpine and its related persons. Alpine also acts as general partner for such seven domestic limited partnerships. Alpine's other clients are two UCITS funds and one corporation that gives Alpine trading authority over its individually managed account. One of the three directors of the corporate Alpine Fund is a related person of Alpine. Alpine Associates Services Inc. ("AAS"), an affiliate of Alpine, has approximately 27 employees engaged in various services assisting Alpine in managing Alpine's clients. AAS also leases one of the office facilities where Alpine and the Alpine Funds conduct their operations. Mrs. Zoellner is the sole shareholder and director of AAS. Alpine manages the investment portfolios of the Alpine Funds and the accounts of its other clients. Alpine's primary investment strategy is merger arbitrage. Alpine also uses an equity trading strategy that is closely related to merger arbitrage. These investment strategies are described further in Item 8 below under "Methods of Analysis, Investment Strategies and Risk of Loss". Alpine is not limited to these strategies, and there are no material restrictions on the particular types of investing in which Alpine may engage, the strategies it may employ or the securities or instruments in which it may cause its clients to invest. Alpine is the sole investment manager of each of the Alpine Funds and the sole general partner of each of the seven domestic Alpine Funds, and therefore has broad investment authority with respect to the management of their accounts. The Alpine Funds and the accounts Alpine manages for its other clients generally trade and maintain their investment portfolios on a substantially parallel basis with each other. Certain clients may not participate in all parts of Alpine's investment strategies. Also, certain clients operate with lower levels of investment exposure in Alpine's strategies than the other clients, and one client operates with long market exposures in its equity trading strategy that are normally expected to be significantly greater than the exposures of the other clients. Since Alpine's clients generally trade and maintain their investment portfolios on a substantially parallel basis with

each other, Alpine does not ordinarily tailor its advisory services to the individual needs of its clients or of investors in the Alpine Funds. For a client that is an individually managed account, Alpine may agree in the investment management agreement with the owner of such account to investment restrictions or guidelines with respect to the types or amounts of securities or other financial instruments that may be traded for such account. Alpine's general objective is to produce superior absolute returns with low volatility in all types of market environments. For one Alpine Fund, Alpine's objective is to produce superior absolute returns while experiencing less downside volatility than the stock market. In general, Alpine seeks to produce stock market-like returns with substantially less risk and volatility over the long run than is historically associated with equity investments. Alpine works to reduce risk by seeking broad diversification, by devoting substantial ongoing efforts to quantifying the risk of its clients' investments, and by applying risk guidelines and prohibitions to both individual investments and portfolios. Investors and prospective investors in each Alpine Fund should refer to the confidential private placement memorandum, limited partnership agreement and/or other governing documents for such Alpine Fund (the "Governing Documents") for additional information on the investment objectives, risks and investment terms with respect to a particular Alpine Fund. The investment terms available to investors in the different Alpine Funds and Alpine's other clients vary in certain respects. There is no assurance that any of the investment objectives of Alpine's clients will be achieved. Alpine may enter into "side letters" or similar agreements with certain investors in the Alpine Funds granting the investor certain specific rights, benefits or privileges that are not made available to investors in the Alpine Funds generally. Alpine does not participate in any wrap fee programs. Alpine manages all client assets on a discretionary basis. As of January 31, 2024, the amount of assets in the Alpine Funds, the two UCITS funds and the individual managed account managed by Alpine on a discretionary basis, determined based on their respective net asset values, was $1,742,605,372. As of January 31, 2024, Alpine provided discretionary investment advisory services to nine private investment funds, two UCITS funds and one individually managed account. Alpine may in the future provide advisory services, either on a discretionary or non-discretionary basis, to other funds or accounts.