Lumina Fund Management LLC (hereafter “Lumina”) currently advises Lumina Partners LP, a private investment fund (the “Fund”) that is offered to institutional investors and accredited investors. Lumina also advises managed accounts for certain large, sophisticated institutional investors. Collectively, the Fund and Lumina’s other advisory clients are referred to herein as Lumina’s “Clients,” where appropriate. Lumina was formed on September 25, 2003 as a Delaware Limited Liability Company and registered with the SEC as an investment advisor under Section 203(c) of the Investment Advisor Act of 1940 on September 12, 2007. The principal is Diego Giurleo and the experience, education and background of its professional staff is available in the Brochure Supplement document. Lumina offers discretionary investment management services to managed account clients, the Fund and sub-advised accounts. Lumina tailors its investment strategies aimed at meeting established investment objectives. In constructing investment portfolios, Lumina primarily invests in exchange-listed stocks, exchange-listed stock options, exchange-traded funds (ETFs), exchange-listed ETF options and mutual funds. On occasion, Lumina may recommend investments in private investment funds that are suitable and meet specific client investment guidelines. The above mentioned securities entail a wide range of equity market investment risk, including some securities, such as options and private investment funds, which have high degrees of risk and can have limited liquidity. Lumina does not provide any “wrap programs” (programs that bundle brokerage and advisory services under a single comprehensive fee) so all securities recommended by Lumina may include additional transaction charges by the client’s broker-dealer/custodian separate from Lumina’s advisory fees. For managed accounts, clients grant Lumina discretionary investment management authority

in their broker-dealer/custodian accounts, subject to restrictions agreed upon in advance. This is accomplished by executing an investment management agreement with Lumina and the appropriate documents with the client’s broker-dealer/custodian. The discretionary authority will allow Lumina to enter securities transactions on the client’s behalf, determining which securities and the amount of securities to buy or sell. Clients are notified of all transactions by trade confirmations from their broker-dealer/custodian. Under the managed account agreements, Lumina does not have the authority to make any withdrawals from the client’s account(s) and Lumina does not provide any custodial functions. All withdrawals from the client’s account(s) must be initiated and authorized by the client through direct communication between the client and the broker-dealer/custodian. This includes, but is not limited to the payment of advisory fees to Lumina. Lumina recommends that clients always review their brokerage account statements to verify the trading activity and withdrawals that occur in their account(s). “FEES AND COMPENSATION” is discussed at greater length in this FIRM BROCHURE. As of December 31, 2022, Lumina’s discretionary managed account assets totaled approximately $260 million. In the Fund, Lumina has discretionary investment management authority, which is granted through the Limited Partnership Agreement, Private Placement Memorandum and Subscription Agreement clients complete before investing. Lumina primarily invests in exchange-listed stocks, exchange-listed stock options, exchange-traded funds (ETFs) and exchange-listed ETF options. “FEES AND COMPENSATION” is discussed at greater length in this FIRM BROCHURE. As of December 31, 2022, the Fund had approximately $113 million in client assets. Sub-Advised Accounts On December 31, 2021, Lumina did not provide sub-advisory services.