In 1995, Robert Epstein established Prophet Capital Management, Ltd. (“PCM”) to manage investment portfolios. In 1999, he established a hedge fund, Partners in Prophet, Ltd. (“PIP”), with PCM as its portfolio manager. In 2008, Mr. Epstein (as principal owner) established Prophet Capital Asset Management LP (“PCAM”) and Prophet Capital GP, LLC (“PCGP”) as its general partner. PCAM assumed the role of portfolio manager of PIP in 2008. David Rosenblum was admitted as a limited partner of PCAM in 2009. Kurt Rechner was admitted as a limited partner of PCAM in 2016. PCAM, which is located in Austin, Texas, is a Delaware limited partnership that has been registered as an investment adviser with the SEC since 2009. PCAM manages proprietary hedge funds and closed-ended credit funds, and also offers asset management services to unaffiliated institutional investors in the form of separately managed accounts. Our investment strategies primarily focus on residential and commercial mortgage-backed securities, CLO debt and equity securities, and other types of asset-backed securities, as well as, agency and non-agency residential mortgage loans, commercial real estate mortgage loans, and other similar types of structured assets. However, the PCAM managed funds provide PCAM discretion to invest in a broad range of assets, including commercial debt and publicly-traded and private equity securities. We also provide advice regarding commodities, real estate, oil and gas interests, public securities, and private equity where we deem such

investments are suitable for our clients. Assets Under Management As of December 31, 2023, we managed approximately $2.6 billion in client assets. Approximately $2.6 billion is managed on a discretionary basis (meaning that we make all of the investment decisions for those clients). Private Fund Clients PCAM manages seven (7) proprietary commingled funds (disregarding related “feeder” funds). PIP and Prophet Opportunity Partners LP (“POP”) are hedge funds that focus on credit assets, primarily real estate related. Prophet Mortgage Servicing Opportunities TES LP (“PMSO-T”) and Prophet Mortgage Servicing Opportunities NES LP (“PMSO-N”), each of which is a hedge fund that holds pools of mortgage servicing rights related to government insured U.S. residential mortgages. Additionally, PCAM manages closed- ended funds (i.e., private equity-style funds), which are Prophet Real Estate Opportunities LP (“PREO”), a commercial real estate credit fund, Prophet EBO Master Portfolio LP (“PEBO”), which holds pools of government insured U.S. residential mortgages, and Prophet MSR Opportunities LP (“PMSRO”), which holds pools of mortgage servicing rights related to government insured U.S. residential mortgages. At this time, PIP, PREO, PEBO, and PMSRO are no longer being offered and are not accepting additional capital. We can determine to sponsor new proprietary funds, and cease offering or even liquidate existing funds, from time to time in our discretion, subject to the funds’ governing documents.