For purposes of this brochure, “Adviser” means Providence Equity Partners L.L.C. (“Providence”), a Delaware limited liability company, together (where the context permits) with certain of its affiliates that provide advisory services to and/or receive management fees or Carried Interest (as defined below) from the Funds (as defined below). These affiliates are formed for tax, regulatory or other purposes in connection with the organization of the Funds or serve as general partners of the Funds. Background Established in 1989, the Adviser was a pioneer in a sector-based approach to private equity, convinced that a dedicated team of industry experts could build companies of enduring value in the dynamic communications industry. The funds sponsored by the Adviser have invested in more than 175 companies over the Adviser’s 35-year history. The Adviser’s team operates out of offices in Providence, New York, London, Boston and Atlanta. The Adviser partners with companies across different stages in their development, from growth capital and complex recapitalizations of family-owned businesses to large buyouts and take- privates. The Adviser can employ a variety of financing structures and for its Flagship Funds’ (as defined below) targets equity investments of $150 million to $500 million. With respect to the Flagship Funds, the Adviser prefers to lead its investments, serve on portfolio company boards, and work collaboratively with portfolio company management. With respect to Providence Public Master L.P. (together with its feeder funds, the “Providence Public Fund”), the Adviser generally pursued liquid investments in publicly-traded equities and also had the ability to invest in privately issued securities in both public and private companies, however, it is winding up its operations and currently only holds privately issued securities. Since 1989, Providence has built its reputation as a leading sector specialist in media, communications, education and technology throughout North America and Europe. Providence believes the industries in which it invests are large, growing and dynamic and help people around the globe connect, work, learn, play and transact. The Adviser believes these industries are also an increasingly important part of people’s daily lives and how they spend their time. The dynamic nature of these industries lends itself to a specialist investing approach, where deep domain expertise and a rich network of industry relationships help navigate a constantly evolving landscape and identify attractive places to invest. Each of Providence’s four verticals offers, in the Adviser’s view, a broad and diverse set of investment opportunities. The principal owners of Providence (directly and indirectly) are Jonathan M. Nelson, R. Davis Noell, J. David Phillips, Karim A. Tabet, Andrew A. Tisdale, Michael J. Dominguez, and Providence Equity Global Group L.L.C. Services The Adviser provides investment advisory services to investment vehicles that are exempt from registration under the Investment Company Act of 1940, as amended (the “1940 Act”), and whose securities are not registered under the Securities Act of 1933, as amended (the “Securities Act”). The Adviser currently serves as the investment manager for Providence Equity Partners IX, L.P., Providence Equity Partners IX-A S.C.Sp. (together with Providence Equity Partners IX, L.P., “Providence IX”), Providence Equity Partners VIII L.P., Providence Equity Partners VIII-A L.P., Providence Equity Partners VIII (Scotland) L.P. (together with Providence Equity Partners VIII L.P. and Providence Equity Partners VIII-A L.P., “Providence VIII”), Providence Equity Partners VII L.P., Providence Equity Partners VII-A L.P., Providence Equity Partners VI L.P., Providence

Equity Partners VI-A L.P., Providence Equity Partners VI International L.P., Providence Equity Partners V L.P., Providence Equity Partners V-A L.P., Providence Equity Partners IV L.P., Providence Equity Offshore Partners IV L.P., and Providence Equity Operating Partners IV L.P. (the “Flagship Funds”). The Adviser also serves as the investment manager for the Providence Public Fund and certain Co-Investment Vehicles (as defined below). The Adviser expects in the future to advise other funds in addition to those listed herein. Investors in the Funds are generally required to be “qualified purchasers” as defined in the 1940 Act. The Adviser or its affiliates, from time to time, establishes Funds generally on a transaction-by- transaction basis to allow certain persons to invest alongside one or more PE Funds (as defined below) in a particular investment opportunity or, in certain cases, opportunities (each such vehicle, a “Co-Investment Vehicle”). Co-Investment Vehicles are typically limited to investing in securities relating to the transaction or transactions with respect to which they were organized; however, certain Co-Investment Vehicles are permitted to invest in securities relating to multiple Funds, transactions or portfolio companies. As a general matter, any co-investment by a Co- Investment Vehicle will be on terms and conditions not more favorable than the terms and conditions of the investment by the applicable Flagship Fund. Additionally, the Adviser also establishes affiliates which serve, and may itself serve, as general partner (or analogous entity) of certain other Funds which are “feeder” vehicles (each, a “Feeder Fund”) organized to invest exclusively in another Fund, and/or alternative investment vehicles (each, an “Alternative Investment Vehicle”) organized to address, for example, specific tax, legal, business, accounting or regulatory-related matters that arise in connection with a transaction or transactions. The Flagship Funds, Providence Public Fund, Co-Investment Vehicles, Feeder Funds, Alternative Investment Vehicles and any other clients of the Adviser are collectively referred to, as the context permits, as the “Funds.” All of the Funds other than the Providence Public Fund are collectively referred to, as the context permits, as the “PE Funds”. The PE Funds make primarily long-term private equity and equity-related investments, as well as, on occasion, investments in debt instruments. In accordance with the PE Funds’ respective investment objectives, investments are generally made in companies doing business in the media, communications, education and technology industries. The Providence Public Fund is winding up its operations and currently only holds privately issued securities. The Adviser’s advisory services consist of investigating, identifying and evaluating investment opportunities, structuring, negotiating and making investments on behalf of the Funds, managing and monitoring the performance of such investments and disposing of such investments. The Adviser serves as the investment adviser or general partner to the Funds in order to provide such services. Investment advice is provided directly to the Funds, subject to the discretion and control of the applicable general partner, and not individually to the limited partners of the Funds. Services are provided to the Funds in accordance with an advisory agreement with each of the Funds and/or organizational documents of the applicable Fund. Investment restrictions for the Funds, if any, are generally set forth in the organizational documents of the applicable Fund. As of December 31, 2023, the Adviser managed a total of $24,631,658,238 of client assets, all of which is managed on a discretionary basis.