SRS Investment Management, LLC (“SRS Investment Management” or “SRS”), a Delaware limited liability company, has provided investment advisory services since March 1, 2007. SRS Investment Management provides discretionary investment advisory services to private investment funds that invest in a wide variety of securities and financial instruments, primarily focusing on publicly traded equity securities through two master feeder structures and one stand- alone domestic fund.
• The first master feeder structure (the “Hedge Funds”) is set up as a traditional master feeder with an offshore fund (the “Hedge Offshore Feeder Fund”) and an onshore fund (the “Hedge Domestic Feeder Fund”).
• The second master feeder structure (the “Long-Only Funds”) is set up as a traditional master feeder with an offshore fund (the “Long-Only Offshore Feeder Fund”) and an onshore fund (the “Long-Only Onshore Feeder Fund”).
• SRS also presently manages a customized pooled investment vehicle exclusively for investment by affiliates of SRS Investment Management and accounts and collective investment vehicles managed by SRS Investment Management (the “Special Opportunities Fund”). The Hedge Funds, the Long-Only Funds, and the Special Opportunities Fund are referred to collectively as the “Funds” or “Advisory Clients” and individually as a “Fund” or “Advisory Client.” “Investors” are investors in the Funds. Each Fund’s structure, fees, investment objective and investment strategies are set forth in detail in a confidential private placement memorandum (“CPPM”) or, in the case of the Special Opportunities Fund, the Limited Partnership Agreement and Subscription Documents. The applicable CPPM, Limited Partnership Agreement, or Subscription Documents are provided to each Investor in a Fund, and prospective Investors should read (as applicable) the CPPM, Limited Partnership Agreement or Subscription Documents thoroughly before making an investment in the Fund. SRS does not presently, but may at some point in the future, also provide discretionary investment advisory services to one or more separately managed accounts. Karthik R. Sarma is the principal owner of SRS Investment

Management. SRS has full discretion in investment decisions made on behalf of the Funds. Investment advice is provided directly to the Hedge Funds, the Long-Only Funds, and the Special Opportunities Fund according to each Fund’s particular investment objectives and not individually to the applicable Fund’s Investors. Investors in any of the Funds should refer to the Fund’s constituent documents for information about a given Fund’s strategies, objectives and investment program. SRS generally does not take the specific circumstances of individual Investors in a Fund into account in making investment decisions for the Fund. PFAR; Legal Challenge. Side letters and similar rights are limited and/or will require specific disclosures after the expiration of the transition period under the 2023 “Private Fund Advisers” Rule. This Rule is the subject of a legal challenge that is still pending as of the date of this Brochure, the outcome of which may affect our actions thereunder. SRS Investment Management UK Ltd., a limited company incorporated under the laws of England and Wales (“SRS UK”), is a wholly owned affiliate of SRS. SRS UK’s sole activity is to provide Human Resources consulting services to SRS. As of December 31, 2023, SRS Investment Management managed $12,136,122,247 of regulatory client assets, all on a discretionary basis. This Brochure does not constitute an offer to sell or solicitation of an offer to buy any securities. The securities of the Funds are offered and sold on a private placement basis under exemptions promulgated under the Securities Act of 1933 and other applicable state, federal or non-U.S. laws. Significant suitability requirements apply to prospective Investors in the Funds, including requirements that they be “accredited investors” as defined in Regulation D, “qualified purchasers” as defined in the Investment Company Act, or non-“U.S. Persons” as defined in Regulation S. Persons reviewing this Brochure should not construe this as an offer to sell or a solicitation of an offer to buy the securities of any of the Funds described herein. Any such offer or solicitation will be made only by means of a confidential private placement memorandum.