– Advisory Business RR Advisors, LLC (“RR” or the “Firm”), a Delaware limited liability company, commenced operations in 2004. The Firm provides discretionary investment advisory services to certain private investment funds and separately managed accounts (each a “Client” and collectively the “Clients”) and those that invest in them (each an “Investor”). RR provides investment advisory services with respect to private and public equity and debt investments in the energy industry, including oil, gas, exploration and production companies. RR may invest in master limited partnerships (“MLPs”), corporations, limited liability companies and other types of firms on behalf of its Clients. In addition, the Firm provides discretionary investment advisory services to certain venture capital, private equity and real estate funds that invest directly or indirectly in portfolio companies in various industries including the technology, commercial real estate and power generation industries. As of December 31, 2023, RR serves as investment adviser to the following private investment funds (each a “Fund” and collectively, the “Funds”): Energy Related Funds:
• RCH Energy MLP Fund, L.P. (the “MLP Fund”);
• RCH Energy Opportunity Fund III, L.P. (the “Opportunity Fund III”);
• RCH Energy MLP Swap Fund, L.P. (the “MLP Swap Fund”); and
• RCH Oil and Gas Midstream Fund, LP (the “OGMid Fund”). Venture Capital, Private Equity and Real Estate Funds (“Venture Funds”):
• RS2 Ventures, LP – MD Series A (the “Rs2 – MDA Fund”)
• RS2 Ventures, LP _ CHIPT Series A (the “Rs2- CHIPT A Fund”)
• RS2 Ventures, LP – SP Series A (the “Rs2-

SP A Fund”)
• RS2 Ventures, LP – SP Series B (the “Rs2- SP B Fund”); and
• Nickabella, LP (the “Nickabella Fund”). In addition, RR acts as investment manager for two (2) separately managed accounts (each an “SMA”). For each SMA, RR will consider each Investor’s risk tolerance, time horizon, tax status, liquidity needs, return objectives and preferences. RR is owned by Robert J. Raymond. As of December 31, 20231, RR managed discretionary regulatory assets valued at approximately $754.9 million. RR does not currently manage any regulatory assets on a non-discretionary basis. Generally, the investment advice offered by RR is limited to the investment strategies described above (private and public equity and debt investments in the energy industry, including oil, gas, exploration, and production companies; and venture, real estate, or private equity capital in the technology, commercial real estate and power generation industries) and as further detailed in Section 8 below. RR manages its Client accounts based on these strategies, subject to the restrictions and guidelines set forth in each Client agreement and does not tailor its advisory services to any Fund Investor or SMA Client except that RR will 1 Regulatory assets under management with respect to the Rs2-CHIPT A Fund are as of September 30, 2023 due to delay in reporting on the part of the underlying fund. manage other strategies at the specific request of a Client subject to review and agreement on the type of strategy, applicable investment restrictions, minimum account size and agreement on fees.