Skylands Capital, LLC (“Skylands” or the “Adviser”) is registered with the U.S. Securities and Exchange Commission (the “SEC”) under the Investment Advisers Act of 1940, as amended (the “Advisers Act”) and is a Wisconsin limited liability company. Skylands provides investment advisory services to separate accounts and private investment funds. The Adviser provides investment advisory services to several proprietary domestic and foreign private investment companies or hedge funds (each, a “Fund,” and collectively, the “Funds”) that are organized as limited liability companies or other business entities. The Adviser also manages accounts for high-net-worth individuals, corporations or other business entities, trusts, estates, charitable institutions and pension and profit sharing plans (“Separate Account Clients”). The Adviser serves as a sub-investment manager to the Perinvest (Lux) SICAV - Harbour US Equity Fund, a Luxembourg-based UCITS fund (the “Sub-Advised Fund”), which is managed by a third-party asset manager. The Adviser provides such services on a discretionary basis (i.e., the Adviser makes specific investment decisions for a client without first obtaining the client’s approval). The Adviser manages Separate Account Client assets in accordance with the investment objectives and restrictions agreed upon per the investment guidelines found in the investment advisory agreement. The Adviser manages the assets of each Fund in compliance with each Fund’s investment objectives and in accordance with the terms of its governing documents. The Adviser’s advisory services to the Sub-Advised Fund are described

in the prospectus of the Sub-Advised Fund, and the sub-investment management agreement between the Adviser and the third-party asset manager, and the Adviser manages the Sub-Advised Fund in accordance with such governing documents of the Sub-Advised Fund. For the purposes hereof, “Governing Documents” include confidential offering circulars, prospectuses, operating agreements (or articles of incorporation), investment advisory agreements (of a Fund or a Separate Account Client, as applicable) and sub-investment management agreements (for the Sub-Advised Fund). The Adviser currently provides investment advisory services or sub-investment advisory services to the Sub-Advised Fund and the following Funds, each of which is intended for a distinct class of investors: 1. Skylands Special Investment LLC (“Special”), a Wisconsin limited liability company; 2. Skylands Special Investment II LLC (“Special II”), a Wisconsin limited liability company; 3. Skylands Quest LLC (“Quest”), a Wisconsin limited liability company; and 4. Harbour Holdings Ltd. (“Harbour”), a Bermuda exempted company. For the domestic Funds, the Adviser also serves as the manager of the limited liability company. The Adviser may serve as investment adviser and/or manager to similar entities in the future. The Funds are speculative investment vehicles that involve a high degree of risk. These types of investment are suitable only for sophisticated investors who are able to assume the risks involved. As of December 31, 2023, Skylands managed regulatory client assets of $728.7 million on a discretionary basis. Skylands commenced operations in 2004 and is owned by Charles A. Paquelet.