A. Describe your advisory firm, including how long you have been in business. Identify your principal owner(s). The registrant, Black Maple Capital Management LP, was formed in May 2013 and began investment management operations on or about September 3, 2013. Black Maple Capital Management LP controls and oversees the operations of Black Maple Capital Corporation and Black Maple Capital SAF GP LLC (the “Affiliated Management Entities”). Together with the Affiliated Management Entities, Black Maple Capital Management LP may be hereinafter referred to as “Black Maple,” the “Registrant,” the “Adviser,” or the “Investment Manager.” These definitions also may be used to refer to the Affiliated Management Entities separately. The Affiliated Management Entities are under the control and supervision of Black Maple Capital Management LP and serve as general partners to the private pooled investment vehicles advised by Black Maple. Black Maple Capital Corporation also serves as investment manager for certain of the Firm’s separately managed account clients, and is listed as a “relying adviser” in Section 1.B of Schedule D of Black Maple’s Form ADV Part 1A. As such, Black Maple Capital Corporation is considered to be registered with the U.S. Securities and Exchange Commission (the “SEC”) pursuant to the Investment Advisers Act of 1940 (the “Advisers Act”). To the degree applicable to its operations, the Affiliated Management Entities comply with the requirements of the Advisers Act. Black Maple provides investment management services to certain private pooled investment vehicles (each a “Fund” and collectively, the “Funds”), interests/shares in which are offered only to eligible investors on a private placement basis. The Funds are or will be structured as limited partnerships, limited liability companies or other types of corporate or business entities. In connection with providing these investment management services, Black Maple has been appointed as the general partner or Investment Manager of the Funds or is otherwise granted discretionary authorization with respect to investment transactions effected for the Funds. Black Maple also provides investment advisory services to separately managed account clients (each an “SMA Client” and collectively, the “SMA Clients”; together with the Funds, “Advisory Clients”). The principal owners of Black Maple Capital Management LP and are Robert Barnard and Veton Nimani. Describe the types of advisory services you offer. If you hold yourself out as specializing in a particular type of advisory service, such as financial planning, quantitative analysis, or market timing, explain the nature of that service in greater detail. If you provide investment advice only with respect

to limited types of investments, explain the type of investment advice you offer, and disclose that your advice is limited to those types of investments. Black Maple provides discretionary portfolio management services to private investment funds that are formed and organized in the United States and/or in foreign jurisdictions. Black Maple also provides investment advisory services to SMA Client accounts, and depending on the particular SMA Client agreement, may have authority to delegate all or a portion of its asset management authority to third party investment managers, subject to Black Maple’s oversight. Advisory services provided to SMA Clients are on a discretionary basis as set forth in the respective investment advisory agreement. B. Explain whether (and, if so, how) you tailor your advisory services to the individual needs of clients. Explain whether clients may impose restrictions on investing in certain securities or types of securities. Except as disclosed otherwise in the applicable Fund’s offering documents, Black Maple generally has full discretionary authority with respect to investment decisions for the Funds. Black Maple provides its investment advice with respect to each Fund in accordance with the investment objectives and guidelines set forth in such Fund’s respective offering documents (including any supplements thereto). When managing an SMA Client account, Black Maple provides investment advisory services in adherence with the written investment objectives or guidelines contained within the agreement between Black Maple and the applicable SMA Client. Upon termination of its investment discretion with respect to an SMA Client’s account, Black Maple is under no obligation to recommend any action with regard to any securities/assets held in such account. C. If you participate in wrap fee programs by providing portfolio management services, (1) describe the differences, if any, between how you manage wrap fee accounts and how you manage other accounts, and (2) explain that you receive a portion of the wrap fee for your services. Not Applicable D. If you manage client assets, disclose the amount of client assets you manage on a discretionary basis and the amount of client assets you manage on a non-discretionary basis. Disclose the date “as of” which you calculated the amounts. As of December 31, 2022, Black Maple managed “regulatory assets under management,” as reported in Item 5.F in its ADV Part 1A, of approximately US$ 203,752,000 on a discretionary basis. As of the date of this Brochure, Black Maple does not manage any client assets on a non-discretionary basis.