A. General Description of Firm Brasada Capital Management, LP, (“Brasada” or “Firm”) a Texas limited partnership, was created in June 2008 and has its principal place of business in Houston, Texas. Brasada provides investment advisory services on a discretionary basis to a private pooled investment vehicle (the “Fund”), sub-advised accounts (the “Sub-Advised Accounts”) and separately managed accounts (the “Separate Accounts”), each a “Client” and collectively referred to herein as the “Clients.” Principal owners of the Firm are Mark Edward McMeans and James Gabriel Birdsall. B. Advisory Services Brasada serves as the investment manager for a private fund (the “Fund”). The Fund’s objective is to maximize long-term, risk-adjusted absolute returns through long/short equity investments, or through exposure from derivative instruments where appropriate, predominantly in US-based companies. The Fund seeks to accomplish this objective by purchasing securities whose growth prospects are believed to be under-appreciated by the market, while shorting companies perceived by the Firm to be fundamentally challenged. This objective will be driven by a bottom-up investment process and supplemented by risk management and hedging strategies. Brasada provides sub-advisory services, governed by an investment management agreement between Brasada and the unaffiliated advisor(s). As sub-advisor, Brasada is granted trading authority, but does not have the authority to make any withdrawals

or transfers. In its sub- advisory capacity, Brasada does not provide any custodial functions. Brasada also provides investment advisory services to Separate Accounts. Brasada’s investment advisory services include but are not limited to the management, operation and control of the investment and trading activity of its Clients’ account(s) and monitoring activity to ensure the Clients’ account holdings correspond with their stated investment objectives. C. Customized Advisory Services Outside of the advisory services listed above, Brasada does not tailor its advisory services to the individual needs of its Fund investors. However, Brasada’s Sub-Advised and Separate Account Clients can impose investment guidelines, limitations and other restrictions such as investing in certain securities or types of securities. All investment guidelines and restrictions regarding the management of the Sub-Advised and Separate Account clients are pursuant to the terms and conditions stated in each privately negotiated investment management agreement. D. Wrap Fee Programs Neither Brasada nor its Clients participate in any wrap fee programs. E. Assets Under Management As of 12/31/2023, Brasada had approximately $691 million in regulatory assets under management, the majority of which were managed on a discretionary basis. Client Brochure Page 5 of 25