Yukon Partners Management, L.L.C. (together with its affiliates, “Yukon”) provides advisory and management services to mezzanine private investment funds sponsored by Yukon and one or more third party managers (the “Funds” or the “Yukon Funds”). Each Yukon Fund vintage year program sponsored by Yukon typically includes ‘main” and “parallel” Funds. A parallel Fund will generally invest side-by- side with the corresponding main Fund in all portfolio investments on the basis of available capital and each parallel Fund will be responsible for its pro rata share of expenses. In the instance of a Yukon Fund sponsored by a third party manager, Yukon provides sub-advisory services to such Yukon Fund pursuant to an investment advisory agreement between Yukon and such third party manager. Yukon does not typically solicit (or otherwise interact or have contact with) investors in such third party-sponsored Yukon Fund as the organization and offering of such Fund and its administration is the sole responsibility of the third party sponsor. Yukon was formed on February 26, 2008. Since its formation in 2008, Mr. Michael J. Hall and Mr. William L. Dietz have been the sole owners and managers of Yukon. Yukon typically invests in subordinated debt securities and equity or equity-related securities with a typical investment size of $10 million to $50 million. The Yukon Funds will focus on investing in stable, cash- generating, middle-market companies headquartered in North America in partnership with leading and established private equity sponsors. Yukon’s expected transaction types include buyouts, recapitalizations and acquisitions. Yukon seeks to make investments that have the potential to generate significant current income and provide the potential for meaningful upside through equity participation. Its investments will primarily take the form of subordinated debt (often with warrants), preferred equity and minority common stock. Consistent with past practices, Yukon expects to be the lead mezzanine investor in the majority of its investments. Please refer to Item 8 for additional information about the investment strategies pursued by Yukon and their associated risks. Yukon provides investment advisory services solely to each Yukon Fund, and not to investors in those funds. No investment advisory relationship exists between Yukon and any investors in the Yukon Funds. To the extent any investor in a Yukon Fund desires any advice regarding its own investment decisions, it should engage its own financial, legal, tax, accounting and other advisors. Each investor and its own advisors are responsible for conducting their own analysis and due diligence to the full extent they deem necessary, and based on such independent analysis, each investor must make its own decisions regarding whether and when to invest in any Yukon Fund. Except in the case of third party sponsored Yukon Funds, affiliates of Yukon serve as the general partners of the Yukon Funds (each a “GP” and collectively the “GPs”). Each GP has full and exclusive management authority over all investments, asset dispositions, distributions, and other

affairs of their respective Fund. Each GP is a related person of Yukon and is under common control with Yukon. While the GPs maintain ultimate discretionary investment authority, Yukon has been delegated the role of investment adviser for the Funds. The GPs and their members and personnel will be subject to the Investment Advisers Act of 1940 (the “Advisers Act”) and rules thereunder, and to all of Yukon’s compliance policies and procedures. Each of the members of the GPs will be deemed “persons associated with” Yukon (as that term is defined in section 202(a)(17) of the Advisers Act) and will be subject to SEC examination. As such, references to Yukon in this Brochure should also be considered references to the GPs in the appropriate context. Yukon provides advisory services to each Yukon Fund pursuant to an agreement entered into by Yukon and each of the Funds (or in the case of a third party-sponsored Yukon Fund, pursuant to an investment advisory agreement between Yukon and such third party investment manager). Each Yukon Fund is governed by a limited partnership agreement or similar document that sets forth the specific investment guidelines and restrictions applicable to each Fund (the “Governing Documents”). In addition, investors in the Funds are provided with a Private Placement Memorandum or similar offering documents prior to their investment, which also contain information regarding the intended investment program for such Fund. Depending on the size and other relevant factors associated with an investment opportunity, investment allocation decisions may be made with respect to offering (or otherwise making available) to one or more third parties the opportunity to co-invest in an investment opportunity alongside one or more Yukon Funds. In making this determination, Yukon will first ensure that the applicable Yukon Funds receive the full amount of their desired allocation with respect to a particular investment opportunity prior to offering (or otherwise making available) to any third party the opportunity to co-invest alongside such Funds in any surplus portion of such investment opportunity. Yukon may, in its sole discretion, offer (or otherwise make available), and from time to time has offered, the opportunity to co-invest in one or more Fund portfolio companies to one or more persons (including, but not limited to, Fund investors and third parties) and is under no obligation to offer (or otherwise make available) such opportunity to any Fund investor or any third party. All assets of the Yukon Funds are managed by Yukon on a discretionary basis, subject only to the investment limitations described above or as otherwise set forth in the management agreement, investment advisory agreement and/or limited partnership agreements. As of December 31, 2023, Yukon’s total regulatory assets under management were approximately $1,844,617,372. Regulatory assets under management have been calculated separately for each Yukon Fund by determining the fair value of such Fund’s assets plus, in the case of Yukon-sponsored Funds, the contractual amount of any uncalled commitments.