Pharo Management was incorporated on February 25, 2019, in the State of Delaware and is based in New York City. It is the successor to Pharo Management LLC, a Delaware limited liability company formed by Guillaume Fonkenell in 2000, which served as an investment adviser to Pharo Macro Fund, Ltd., Pharo Trading Fund, Ltd., Pharo Africa Fund, Ltd., and Pharo Gaia Fund, Ltd. (collectively, the “Pharo Hedge Funds”). Pharo Management LLC registered with the SEC as an investment adviser on February 10, 2012, and with the Commodity Futures Trading Commission (the “CFTC”) as a commodity pool operator (“CPO”) on January 1, 2013. As part of a restructuring of the Pharo group in 2019, Pharo Management LLC converted to a limited partnership under Delaware law, changed its name to Pharo Management, L.P., and contributed its assets, liabilities and business to Pharo Management in exchange for all the issued stock of Pharo Management, making Pharo Management, L.P. the sole owner of Pharo Management. The general partner of Pharo Management, L.P. is Pharo GP LLC, a Delaware limited liability company owned and controlled by Guillaume Fonkenell. Mr. Fonkenell also is the Chief Investment Officer and Chairman of the Board of Directors of Pharo Management. Pharo Management is registered with the SEC as an investment adviser, having succeeded to the registration of Pharo Management LLC. On March 14, 2019, Pharo Management registered as a CPO with the CFTC. It is a member in good standing of the National Futures Association (“NFA”). Pharo Management, L.P. (formerly Pharo Management LLC) is no longer registered as an investment adviser or CPO. Pharo Global Advisors Limited (“PGAL”), a Jersey, Channel Islands corporation formed in 2004, served as the Investment Manager of the Pharo Hedge Funds until August 11, 2019.  On August 12, 2019, Pharo Management was substituted for PGAL as Investment Manager and assumed the responsibilities and obligations of PGAL under the Investment Management Agreements PGAL had with the Pharo Hedge Funds. PGAL was registered with the Jersey Financial Services Commission, but de-registered on September 23, 2019, when it ceased performing the functions that require JFSC registration. In 2005, Guillaume moved to London and established Pharo Management (UK) LLP (“Pharo UK”), where he serves as a Member. Pharo UK serves as an investment advisor to the Pharo Hedge Funds and is authorized by the UK Financial Conduct Authority. Pharo Management (HK) Limited (“Pharo HK”), located in Hong Kong, was established in 2010 and also serves as an investment advisor to the Pharo Hedge Funds. Pharo HK is registered with the Hong Kong Securities and Futures

Commission. Pharo Advisors (France) SAS (“Pharo France”), located in France, was formed in 2022 as a French societe actions simplifiee and is registered in France as an investment adviser (conseiller en investissement financier). It is managed by Nicolas Beckmann, a former partner and portfolio manager of Pharo UK who now resides in France. Pharo UK, Pharo HK and Pharo France are affiliates of Pharo Management and are collectively hereinafter referred to as the “Affiliated Investment Advisors”. Pharo UK and Pharo HK each provide discretionary investment advisory services to the Pharo Hedge Funds pursuant to sub-advisory agreements with Pharo Management. Pharo France provides nondiscretionary investment advice and recommendations to the Investment Manager and the Affiliated Investment Advisors pursuant to an investment advisory agreement. Pharo Management is the Investment Manager of the Pharo Hedge Funds, each of which is a Cayman Islands exempted company registered with the Cayman Islands Monetary Authority pursuant to the Cayman Islands Mutual Funds Act. Pharo Management also is the Manager of Pharo Allocation Fund, Ltd., a Cayman Islands exempted company registered with the Cayman Islands Monetary Authority pursuant to the Cayman Islands Mutual Funds Act. The sole purpose of Pharo Allocation Fund, Ltd. is to facilitate the allocation of investor capital across the Pharo Hedge Funds. Pharo Management trades primarily in emerging markets across a broad range of global assets. Pharo Management is not restricted in its activities and has authority to trade in any market or situation it believes advantageous to the Pharo Hedge Funds, including investing in developed markets across the same range of asset classes. Pharo Management advises three of the Pharo Hedge Funds but can advise one or all of the Pharo Hedge Funds at any given time pursuant to its Investment Management Agreements with the Pharo Hedge Funds and the capital allocations in effect at such time. Pharo Management may in the future advise other Pharo private funds as well as funds managed by unaffiliated investment managers. Pharo Management provides discretionary advisory services pursuant to the investment objectives and strategies of the Pharo Hedge Funds disclosed in their respective Information Memorandums. We tailor our advice to the investment objectives of the Pharo Hedge Funds we advise. As of December 31, 2023, Pharo Management advised on a discretionary basis $2,544,000,000 of client assets. This amount represents the internal capital allocation made to Pharo Management from the assets of the Pharo Hedge Funds and differs from the regulatory assets under management (RAUM) disclosed in