Greenlight Masters, L.L.C. is a Delaware limited liability company that commenced operations in 2002. We are an investment management firm that allocates capital to value- oriented managers who primarily invest in long/short equities and debt securities. David Einhorn is our Senior Manager and principal owner. Vinit Sethi is our portfolio manager. We provide investment advisory services to: (i) Greenlight Masters Partners, a Delaware partnership; (ii) Greenlight Masters, L.P., a Delaware limited partnership, which is a feeder fund for Greenlight Masters Partners and also makes some investments directly in hedge funds; (iii) Greenlight Masters Qualified, L.P., a Delaware limited partnership, which is also a feeder fund for Greenlight Masters Partners and also makes some investments directly in hedge funds; (iv) Greenlight Masters Offshore Partners, a British Virgin Islands partnership, which is also a feeder fund for Greenlight Masters Partners and also makes some investments directly in hedge funds; (v) Greenlight Masters Offshore, Ltd., a British Virgin Islands business company, which is a feeder fund for Greenlight Masters Offshore Partners; and (vi) Greenlight Masters Offshore I, Ltd., a British Virgin Islands business company, which is also a feeder fund for Greenlight Masters Offshore Partners (collectively, the “Masters Funds”). We make all investment decisions on behalf of the Masters Funds. Our, and our affiliate’s, Greenlight Masters GP, L.L.C. (a general partner of certain Masters Funds) (“GMGP”), primary responsibilities for the Masters Funds are to identify, interview, and select hedge fund managers that, as a group, can achieve the Masters Funds’ investment objectives. We are also responsible for allocating the capital of the Masters Funds to the managers selected. We also provide certain administrative and management services to

the Masters Funds by overseeing and tracking the investment managers with whom the Masters Funds have invested. The primary investment objective of the Masters Funds is to achieve high absolute rates of return while minimizing the risk of capital loss by investing with managers that focus on fundamental, valuation-driven securities analysis. The Fund makes investments in private investment funds or managed accounts that are (a) managed by managers that are not affiliated with us (the “Unaffiliated Funds”), and (b) managed by DME Capital Management, LP or its affiliates (the “Greenlight Capital Funds” and, together with the Unaffiliated Funds, the “Underlying Funds”). There can be no assurance that the Masters Funds’ investment objective will be achieved and investment results may vary substantially. The Masters Funds also invest directly in equity, debt or other securities and assets and cash (such investments being “Direct Investments”). We currently do not provide investment advisory services to clients apart from our management of the Masters Funds and do not participate in wrap fee programs, although our affiliates do provide advice to other persons and/or entities (including other privately-offered pooled alternative investment vehicles) and we and/or one or more affiliates may do so in the future. Investment advice is provided directly to each of the Masters Funds and not to the individual investors in the Masters Funds. As of January 31, 2024, the regulatory assets under management by Greenlight Masters, L.L.C. were approximately $826,233,687. All assets are managed on a discretionary basis. For a further discussion of these and related items, see Item 7 (Types of Clients), Item 8 (Methods of Analysis, Investment Strategies and Risk of Loss) and Item 10 (Other Financial Industry Activities and Affiliations).