Advisory Business Advisory Firm P. Schoenfeld Asset Management LP (“PSAM” or “Investment Manager”) has been providing services as an investment adviser since 1997.1 The principal owners of PSAM are Peter M. Schoenfeld, the Founder, Chief Executive Officer, and Chief Investment Officer of PSAM, and P. Schoenfeld Asset Management GP LLC (of which Peter M. Schoenfeld is the managing member and majority owner). P. Schoenfeld Asset Management LLP (“PSAM (London)”) is an affiliate of PSAM and provides international research and trading services to PSAM. PSAM (London) is an England and Wales limited liability partnership and is principally owned by PSAM Limited, a private limited company registered in England and Wales (of which Peter M. Schoenfeld and PSAM are the majority owners). Investment Strategies and Types of Investments PSAM is an event-driven investment adviser that invests in the securities and obligations of companies which, in the opinion of PSAM, are mispriced relative to their inherent or embedded value. The mispricing of these securities and obligations is generally attributable to a corporate action or corporate event (or a potential corporate action or corporate event) including, but not limited to (collectively, the “Event Activities”):
• corporate reorganizations and business combinations including: mergers, joint ventures, exchange offers, cash and/or stock tender offers, spin-offs, leveraged buy-outs, management buy-outs, divestitures, rights offerings and privatizations;
• corporate debt and balance sheet restructurings and financings including: bankruptcies, recapitalizations, liquidations, capital markets activities and bridge financings;
• changes to a company's business including: changes in a company's capital structure, borrowings, dividend policy, cash utilization strategy, management, competitive posture in the market, products and vendor or supplier relationships; and
• catalyst driven situations where there has been some form of public disclosure impacting the value of a company's assets or liabilities. The impact of the catalyst may be difficult to quantify from a value and timing perspective and the outcome may be uncertain. These situations may involve litigation, legislation or regulatory change, proxy fights, holding 1 PSAM succeeded P. Schoenfeld Asset Management LLC and P. Schoenfeld Asset Management International LLC, which were merged with

and into PSAM on January 1, 2009 as part of an internal reorganization. 5 March 2023 company reorganizations, shareholder activism, corporate governance or growth capital financing. Advisory Services PSAM provides investment management services to pooled investment vehicles (“Private Funds”) that are structured as either limited partnerships formed under the laws of the state of Delaware (“Onshore Feeders”) or exempted companies with limited liability incorporated in the Cayman Islands (“Offshore Feeders”). An affiliate of PSAM serves as the general partner to each Onshore Feeder and Peter M. Schoenfeld serves as one of three directors for each Offshore Feeder. In addition, as a general matter, the Private Funds invest the majority of their assets in affiliated funds (“Master Funds”) that are structured as exempted companies with limited liability incorporated in the Cayman Islands and have the same directors as those for each Offshore Feeder. PSAM manages each Private Fund and Master Fund based on the investment objectives and restrictions as set out in the relevant Private Fund’s offering documents. PSAM also acts as sub-advisor for an investment company registered pursuant to the U.S. Investment Company Act of 1940 (such investment company, a “‘40 Act Fund”). In addition, PSAM provides trading advisory services to a number of separately managed accounts (“Managed Accounts”) for clients that are pooled investment vehicles interested in investment programs that differ from the ones used by the Private Funds or for clients that do not wish to invest in the Private Funds referenced above. The investment guidelines and restrictions for each Managed Account are negotiated by PSAM and the relevant parties. PSAM also provides investment advisory services to one client for whom we do not execute trades (the “Advisory Account”). As used herein, the term “client” or “clients” refers to one or more of the Private Funds, Managed Accounts and the ‘40 Act Fund referenced above. Assets Under Management PSAM has discretionary authority (i.e., the authority to decide which securities to purchase and sell) for all of its clients except for one non-discretionary advisory account and had assets under management (calculated on a net basis, including such advisory account) totaling approximately $2.5 billion as of December 31, 2022. As of that date, PSAM had regulatory assets under management (excluding such advisory account) totaling approximately $2.8 billion. 6 March 2023