Silver Oak Services Partners, LLC (“Silver Oak Services Partners”), a registered investment adviser, is a Delaware limited liability company. Silver Oak Services Partners commenced operations in November 2005. The following investment advisers are affiliated with Silver Oak Services Partners:
• Silver Oak Management II, L.P.
• Silver Oak Management III, L.P.
• Silver Oak Management IV, L.P.
• Silver Oak CCS Management, L.P.
• Silver Oak Velocity GP, L.P. (each, a “General Partner,” and collectively, together with any future affiliated general partner entities, the “General Partners,” and collectively with Silver Oak Services Partners and their affiliated entities, “Silver Oak”) Each General Partner listed above is subject to the Advisers Act pursuant to Silver Oak Services Partners’ registration in accordance with SEC guidance. This Brochure also describes the business practices of each General Partner, which operate as a single advisory business together with Silver Oak Services Partners. Each General Partner serves as general partner to one or more Funds (as defined below) and has the authority to make investment decisions on behalf of the respective Fund(s) it advises. Silver Oak provides discretionary investment advisory services to its clients, which consist of investment funds privately offered to qualified investors in the United States and elsewhere. Silver Oak’s clients include the following (each, a “Fund,” and collectively together with any future private investment fund to which Silver Oak provides investment advisory services, the “Funds”):
• Silver Oak Services Partners II, L.P. (“Fund II”)
• Silver Oak Services Partners III, L.P. (“Main Fund III”)
• Silver Oak Services Partners III-A, L.P. (“Fund III-A” and together with Main Fund III, “Fund III”)
• Silver Oak Services Partners IV, L.P. (“Main Fund IV”)
• Silver Oak Services Partners IV-A, L.P. (“Fund IV-A” and together with Main Fund IV, “Fund IV”)
• Silver Oak CCS SPV, L.P. (“CCS SPV”)
• Silver Oak Velocity SPV, L.P. (“Velocity SPV”) The Funds are private equity funds and generally invest through negotiated transactions in operating entities, generally referred to herein as “portfolio companies.” Silver Oak’s investment advisory services to the Funds consist of identifying and evaluating investment opportunities, negotiating the terms of investments, managing and monitoring investments and ultimately selling such investments. Investments are made predominantly in non-public companies, although investments in public companies are permitted in certain instances. Where such investments consist of portfolio companies, the senior principals or other personnel of Silver Oak often will serve on such portfolio companies’ respective boards of directors or otherwise act to influence control over management of portfolio companies in which the Funds have invested. Silver Oak’s advisory services for each Fund are detailed in the applicable offering memorandum or other offering documents

(each, a “Memorandum”) and limited partnership or other operating agreements of the Funds or governing documents (each, a “Limited Partnership Agreement,” and together with the Memorandum, the “Governing Documents”) and are further described below under “Methods of Analysis, Investment Strategies and Risk of Loss.” Investors in the Funds (generally referred to herein as “investors” or “limited partners”) participate in the overall investment program for the applicable Fund, but may be excused from a particular investment due to legal, regulatory or other agreed upon circumstances pursuant to the Governing Documents; for the avoidance of doubt, such arrangements generally do not and will not create an adviser-client relationship between Silver Oak and any investor. The Funds or Silver Oak have entered into “side letter” or similar agreements with certain investors that have the effect of establishing rights (including economic or other terms) under, or altering or supplementing the terms of a Fund’s Governing Documents with respect to such investors (each, a “Side Letter”). Additionally, as permitted by the relevant Governing Documents, Silver Oak expects to provide (or agree to provide) investment or co-investment opportunities to certain current or prospective investors or other persons, including other sponsors, market participants, finders, consultants and other service providers, portfolio company management or personnel, Silver Oak personnel and/or certain other persons associated with Silver Oak and/or its affiliates, the opportunity to co-invest in certain portfolio companies alongside a Fund. Co-investors typically invest and dispose of their investments in the applicable portfolio company at the same time and on the same terms as the Fund making the investment. However, for strategic and other reasons, co-investors will purchase a portion of an investment from one or more Funds after such Funds have consummated their investment in the portfolio company (also known as a post-closing sell down or transfer), which generally will have been funded through Fund investor capital contributions and/or use of a Fund credit facility. Any such purchase from a Fund by a co-investor generally occurs shortly after the Fund’s completion of the investment to avoid any changes in valuation of the investment, but in certain instances could be well after the Fund’ initial purchase. Where appropriate, and in Silver Oak’s sole discretion, Silver Oak is authorized to charge interest on the purchase to the co-investor (or otherwise equitably adjust the purchase price under certain conditions), and to seek reimbursement to the relevant Fund for related costs. However, to the extent any such amounts are not so charged or reimbursed (including charges or reimbursements required pursuant to applicable law), they generally will be borne by the relevant Fund. As of December 31, 2023, Silver Oak managed $1,301,426,644 in client assets on a discretionary basis. Silver Oak Services Partners is principally owned by Daniel M. Gill and Gregory M. Barr.