A. Describe your advisory firm, including how long you have been in business. Identify your principal owner(s). Aether Investment Partners, LLC (hereinafter “AIP”) was formed in Delaware in 2008 to manage private funds focused on real assets and related sectors. AIP currently serves as the investment manager to private investment funds organized as Delaware limited partnerships (the “Investment Fund Clients”). As of June 30, 2023, AIP had $1,466,598,473 in regulatory assets under management. AIP generally provides investment management and supervisory services to its Investment Fund Clients on a discretionary basis. Affiliates of AIP typically serve as the general partner of Investment Fund Clients organized as limited partnerships (the “Investment Fund Client General Partners”). Investment Fund Clients are neither registered under the Securities Act of 1933, as amended, nor registered under the Investment Company Act of 1940, as amended. Accordingly, interests in Investment Fund Clients are offered exclusively to investors satisfying the applicable eligibility and suitability requirements either in private placement transactions within the United States or in offshore transactions. No offer to sell interests in these Investment Fund Clients (or a solicitation of an offer to purchase interests) is made by the descriptions in this Brochure, nor is this Brochure an offer or agreement to provide advisory services to any person. Please see Item 7 (Types of Clients) of this Brochure for more information with respect to AIP’s clients. The owner of AIP is Northern Lights Midco II, LLC, a wholly owned subsidiary of Northern Lights Midco, LLC. Northern Lights Midco II, LLC is an affiliate of Northern Lights Capital Partners, LLC. Further information about Northern Lights Capital Partners, LLC and other related entities is provided in Item 10. B. Describe the types of advisory services you offer. If you hold yourself out as specializing in a particular type of advisory service, such as financial planning, quantitative analysis, or market timing, explain the nature of that service in greater detail. If you provide investment advice only with respect to limited types of investments, explain the type of investment advice you offer, and disclose that your advice is limited to those types of investments. AIP pursues investments exclusively in real assets and related sectors, excluding the commercial and residential real estate sectors. AIP generally provides advisory services to Investment Fund Clients regarding investments primarily in the natural resources, infrastructure, and opportunistic sectors. C. Explain whether (and, if so, how) you tailor your advisory services to the individual needs of clients. Explain whether clients may impose restrictions on

investing in certain securities or types of securities. The advisory services provided by AIP to the Investment Fund Clients are tailored to the investment objectives and investment restrictions, if any, as set forth in the governing documents of the Investment Fund Client and/or the investment management agreement entered by AIP with such Investment Fund Client. In general, AIP does not tailor its advisory services to the individual needs of investors in the Investment Fund Client and generally does not accept investment restrictions imposed by such Investment Fund Client investors. Each of the Investment Fund Clients, Investment Fund Client General Partners and AIP from time to time enter into agreements (“Side Letters”) with one or more investors whereby in consideration for agreeing to invest certain amounts in the Investment Fund Client and/or other consideration deemed material, such investors are granted favorable rights not afforded other investors in such Investment Fund Client, generally. Such rights include, but are not limited to, for example, special rights or terms necessary in light of an investor’s specific legal, regulatory, or public policy characteristics; special reporting or notice obligations; consideration of client bans on investments in certain countries; reduced performance fees and management fees for investors affiliated with AIP, the Investment Fund Clients’ General Partners or owners thereof; waiver of certain confidentiality obligations; consent to certain transfers by an investor; the right to appoint advisory committee members; and reduced performance fees for early participants in Investment Fund Clients. Such Side Letters are entered into by Investment Fund Clients, Investment Fund Client General Partners, and AIP without the consent of or notice to the other investors in such Investment Fund Clients. D. If you participate in wrap fee programs by providing portfolio management services, (1) describe the differences, if any, between how you manage wrap fee accounts and how you manage other accounts, and (2) explain that you receive a portion of the wrap fee for your services. AIP does not participate in “wrap fee arrangements,” whereby clients select AIP to manage funds through an investment program presented to the clients by a third-party program sponsor. E. If you manage client assets, disclose the amount of client assets you manage on a discretionary basis and the amount of client assets you manage on a non-discretionary basis. Disclose the date “as of” which you calculated the amounts. The amount of client assets managed by AIP on a discretionary basis is $1,307,151,673 as of June 30, 2023. The amount of client assets managed by AIP on a non-discretionary basis as of June 30, 2023, is $159,446,800.