Description of Advisory Firm Leo Fund Services, LLC ("LFS") is a registered investment adviser with based in Iselin, New Jersey. LFS is organized as a limited liability company ("LLC") under the laws of the State of Delaware. The majority owner of LFS is Leo Capital Operations, LLC LFS provides administrative services to pooled investment vehicles. Fund management and advisory services are provided by LFS 's wholly owned subsidiaries, including LCRED US Advisors, LLC (“LCREDGP”) and Leo Fund Management LLC., ("LFMGT"). Types of Services LFS is an Investment Advisory firm that provides administrative, management, and investment advisory services to Private Funds. Administrative Services LFS has an Administrative Services Agreement with Lateral Credit Opportunities, LLC ("LCO"), the General Partner of Lateral U.S. Credit Opportunities Fund, LP ("LUSCOF"), and Niagara Credit Advisors, LLC ("NCA"), the General Partner of Niagara Credit Income Fund, LP ("Niagara"). Lateral Investment Management, LLC ("LIM") is the manager of both LUSCOF and Niagara. Under the terms of the agreement. LFS entered into an Administrative Services Agreement with Lateral, whereby LFS provides services to Lateral in exchange for a fee. LFS and LFMGT do not provide investment advisory services to LCO, LUSCOF, NCA or Niagara. NAV Fund Administrations Group/NAV Consulting has an Administrative Services Agreement with Leo Multi-Manager Private Credit Fund, LP (“LCRED”) and LCRED US Advisors LLC, the General Partner of LCRED. Additionally the Fund may invest in one or more Underlying Funds which are managed by an Underlying Manager which is or are partially owned directly or indirectly by affiliates of the Investment Adviser. Accordingly, the Investment Adviser may derive ancillary benefits from the decision to invest in such Underlying Funds. While the Investment Adviser will make decisions for the Fund in accordance with its obligations to manage the Fund appropriately, the fees, allocations, compensation and other benefits to the Investment Adviser and/or Underlying Manager (including benefits relating to business relationships of the Investment Adviser and the Underlying Manager) arising from those decisions may be greater as a result of certain portfolio, investment, service provider

or other decisions made by the Investment Adviser than they would have been had other decisions been made which also might have been appropriate for the Fund. The Investment Adviser operates a conflicts of interest policy designed to address these conflicts by ensuring that the Underlying Manager, its officers, directors, employees and agents have no role in the management of the Fund. Management and Investment Advisory Services LFMGT is the manager and General Partner of LeoGroup Private Investment Access, LLC ("LGPIA"), a private fund. As its manager and general partner, LFMGT provides investment advisory services to LGPIA that include identifying, evaluating, structuring, recommending and negotiating investment acquisition and disposition opportunities; identifying sources of financing for proposed investments; supervising the negotiation, preparation and review of agreements and other documents in connection with investments, dispositions and financings; and ongoing monitoring and management of portfolio company investments. LGPIA is a private, multi-series fund invested in privately held debt and equity securities. LCREDGP is the General Partner of Leo Multi-Manager Private Credit Fund, LP (“LCRED”), a private fund. As its general partner, LCREDGP is responsible for all decisions concerning the business and investments of the Fund. LCREDGP has delegated all investment decisions to LFMGT pursuant to the terms of an investment management agreement. LFMGT provides investment advisory services to LCRED that include identifying, evaluating, structuring, recommending and negotiating investment acquisition and disposition opportunities; identifying sources of financing for proposed investments; supervising the negotiation, preparation and review of agreements and other documents in connection with investments, dispositions and financings; and ongoing monitoring and management of portfolio company investments. LCRED is a private multi-manager fund investing across private credit managers who invest primarily in privately held debt and equity. Assets Under Management As of December 31, 2022, LFS has the following assets under management ("AUM"): Discretionary AUM (approx.): $107,076,998 Non-Discretionary AUM (approx.): $0 TOTAL AUM (approx.): $107,076,998