Founded in 2003, Taiyo Pacific Partners L.P., a Delaware limited partnership (“TPP”), provides discretionary portfolio management regarding primarily Japanese and Indian equity securities. As of December 31, 2023, TPP has 47 employees, of which 8 are clerical and $2.1 billion in assets under management on a discretionary basis and no assets under management on a non-discretionary basis. Principal Owners TPP is owned by Bach Capital Special Opportunities I LP which is owned by Yamauchi No.10 Family Fund. Banjo Yamauchi is the sole owner of Yamauchi No. 10 Family Fund. Advisory Services TPP provides investment advisory services to customized investment vehicles for particular investors and pooled investment vehicles (collectively, the “Funds”), and to separately managed accounts (the “Accounts”). Unless otherwise noted, “Clients” in this brochure will include both the Funds and Accounts. The Funds include Taiyo Fund, L.P., a Delaware limited partnership (the “Taiyo Fund”), Taiyo Greater India Fund, Ltd, a private company incorporated in the Republic of Mauritius (the “India Fund”), Taiyo Hanei Fund, L.P., a Cayman Islands exempted limited partnership (the “Hanei Fund”), Taiyo Jupiter Holdings, L.P., a Cayman Islands exempted limited partnership (the “Jupiter Fund”), and other funds that TPP may form from time to time. Generally, the Funds make long term equity investments in Japanese and Indian companies. The Jupiter Fund was formed for the purpose of investing in a single Japanese corporation, the Roland Corporation, and TPP may form similar dedicated investment vehicles in the future. Currently, TPP does not offer a wrap fee program where multiple services are offered for a single bundled fee. From time to time, our pooled investment vehicles are generally open to new qualified investors, however, our customized investment vehicles are generally not open to new investors. TPP provides tailored advisory services to each Fund based on the investment focus

of that Fund and generally does not tailor the services to the underlying investors in each pooled Fund. Underlying investors in the Funds and Accounts are referred to in this Brochure as “Investors”. A dedicated entity (each, a “Dedicated Entity”) typically serves as the general partner of each Fund, and another Dedicated Entity serves as the manager of such Fund. TPP holds a controlling interest in each Dedicated Entity, and an affiliate of TPP serves as the general partner, managing member or other equivalent control person of each Dedicated Entity. The Dedicated Entities are owned solely by TPP. TPP operates its investment business on a discretionary basis. TPP is responsible for all trade ideas and decisions. TPP’s investment thesis is to find quality companies with competent management that will allow the Taiyo team to help unlock their maximum value with the expertise of Taiyo’s in-house specialists. We believe we are pioneers of combining traditional Portfolio Management expertise alongside Engagement, as our approach leverages both a private and public equity style of investing. Prior to investing, we meet with company management multiple times to establish a relationship so that it helps us have a thorough understanding of our potential investments. We have multiple sources for identifying a potential portfolio company: hundreds of company visits annually to Japan and India (average over 1,000 meetings per year in the past 10 years, including virtual meetings) by our investment professionals, data screening, industry research, existing company relationships and sell-side analysts. Once we initiate an investment with a portfolio company, we then begin to work with company management to strive to achieve mutually beneficial goals which seek to maximize long-term shareholder value. TPP believes there are two primary sources of return which have positively contributed to our track record: (1) stock selection and trading; and (2) friendly engagement.