Advisory Firm Minot Capital, LP is a Delaware limited partnership. Minot began providing discretionary and non- discretionary investment advisory services to clients (“Clients”) in 2003. As of January 1, 2024, Minot’s principal owners are Kevin Risen, Scott Smith, and Annette Hopper. Minot Capital GP, LLC was formed on March 14, 2018 under the Delaware Limited Liability Company Act (6 Del.C 18-101, et seq.) Minot Capital GP, LLC serves as the General Partner to Minot Capital, LP and has a 1% interest in the limited partnership. Minot is notice filed in Colorado, Florida, New York, and Pennsylvania. Minot provides discretionary investment advisory services. An investment committee, which is run by the CIO, makes investment decisions for client accounts. Advisory Services Minot is an investment advisory firm registered with the Securities and Exchange Commission (SEC) providing global advisory services to institutional and family clients. Minot provides both discretionary and non-discretionary investment advisory services. However, currently all Minot’s assets under management are discretionary. As part of its investment advisory services, Minot designs asset allocation strategies, prepares investment policy statements, selects direct public investments, direct private investments, direct real estate investments (“Direct Investments”), as well as both unaffiliated sub-advisers (“Sub-Advisers”) and investment funds (“Funds”) of various types (mutual, private equity, hedge, venture capital, etc.); and monitors and reports on portfolio performance. The services that Minot provides are based on the individual needs of the client and vary slightly between clients. For all clients, an adviser (“Adviser”) will conduct an initial interview and data gathering process to determine the client's financial situation and investment objectives, and to give the client the opportunity to impose reasonable restrictions on the management of the account. All clients have the ability to leave standing instructions with the Adviser to refrain from directly investing in particular securities or types of securities. For the avoidance of doubt, the clients understand that the foregoing restriction is limited to Direct Investments and does not apply to any Sub Advisors or Funds. Depending on the client needs and objectives, Minot may recommend and utilize unaffiliated investment managers to manage a portion of

a client’s portfolio. Such investment managers have discretion to determine the type and amount of securities purchased or sold for that portion of the client’s assets allocated to that manager. Minot has the authority to delegate authority to a manager as well as terminate a relationship with an existing manager on behalf of the clients. Minot’s manager due diligence and evaluation process is detailed in section 8 of this brochure. For all clients, Minot has the authority to execute subscription documents and account opening forms on behalf of the client. The Firm also has the authority to establish special purpose entities owned by Clients through which the Client may make direct private investments, co-investments and/or investments in underlying funds. Minot provides copies of all executed documents to the client and stores them among all other investment related documents and valuation statements in a document library maintained for each client. The client will retain rights of ownership of all securities and funds in all accounts. Minot will manage or advise client accounts in accordance with the client’s investment objectives, risk tolerance, time horizon, liquidity and cash flow needs as well as other relevant criteria. The Adviser will meet at least annually to discuss any changes to the clients’ financial situation, investment objectives, risk tolerance, time horizon, or liquidity and cash flow needs. It is the client's responsibility to notify their Adviser at any time there are material changes in their financial situation or investment objective. Clients may call at any time during normal business hours to discuss their account, their financial situation, or investment needs. Clients will receive from their custodian monthly statements containing a description of all transactions and account activity. Minot’s advisory services involve the allocation of client assets among different asset classes with varying levels of risk and return. The Firm diversifies client portfolios within and across asset classes, including cash, fixed income, global equities, marketable alternatives, private markets and real assets. These assets may be invested in separate accounts, mutual funds, commingled funds, limited partnerships, alternative investments and individual securities. As of December 31, 2023, Minot has $ 2,127,226,165 of assets under management on a discretionary basis, and no assets on a non-discretionary basis.