White Deer Management LLC (the “Firm”) is an investment advisory firm founded in 2008 to manage energy private equity funds. The founding partners and principal owners of the Firm are Thomas J. Edelman and Ben A. Guill (the “Founding Partners”). James K. Meneely III and Joseph R. Edwards are the “Managing Partners” (and together with the Founding Partners, the “Partners”). The Firm’s clients are private equity funds sponsored by the Partners and their affiliates, as follows: (i) White Deer Energy L.P. II and its three parallel funds, White Deer Energy IND L.P. II, White Deer Energy FI L.P. II and White Deer Energy TE L.P. II (collectively, the “WD II Funds”), (ii) White Deer Energy L.P. III and its three parallel funds, WD III NEP Coinvest LP, WD III Coinvest LP and White Deer Energy FI L.P. III (collectively, the “WD III Funds”), (iii) White Deer Fund I Liquidating Trust (the “Liquidating Trust”), (iv) WDE TorcSill Coinvest LLC (“WDE TorcSill”) and (v) WD Thunder CV LP and its two parallel funds, WD Thunder CV IND LP and WD Thunder CV Parallel LP (collectively, the “CV Funds”). WD III Coinvest LP and White Deer Energy FI L.P. III are funds of one. The WD II Funds, the WD III Funds, the Liquidating Trust, WDE TorcSill and the CV Funds are sometimes referred to as the “Funds”. Investors in the Funds include public and private pension plans, financial institutions, endowments, foundations and high net worth individuals. The general partner of the WD II Funds is Edelman & Guill Energy L.P. II (“GP II”) and the general partner of the WD III Funds and

WDE TorcSill is White Deer GP III, L.P. (“GP III”), which includes participation from all the Firm’s Partners. The general partner of the CV Funds is WD Thunder CV GP LP (“CV GP”). GP II, GP III and CV GP are the “General Partners” each of which is an affiliate of the Firm. The Funds are middle market buy-and-build private equity funds that focus on investing in the: i) energy services and equipment; ii) oil and gas exploration and production; iii) industrial service and equipment; iv) renewable; and v) midstream infrastructure sectors of the energy business. In pursuing investment opportunities for the Funds, the Firm focuses on:
• Energy services and infrastructure companies in attractive market niches with strong management teams
• Opportunities to invest $15 to $50 million of equity capital
• Continued involvement of owners and/or senior management
• Potential for substantial growth — Internally — Through geographic expansion — Via consolidation In addition, the Firm generally pursues:
• Negotiated transactions
• Conservative capitalizations
• Development of a culture of continuous improvement and operational excellence
• Potential for an attractive exit through a public offering, sale or merger As of February 29, 2024, the Firm’s assets under management totaled $1,337,350,359. The General Partners of the Funds, each of which is one of the Firm’s affiliates, make all investment decisions. Advice to the Funds is provided, and all assets are managed, on a discretionary basis.