Identify your principal owner(s). Founded in August 2013, Farmstead Capital Management, LLC (“Farmstead”) is a Delaware U.S.A. limited liability company and its sole owner is Farmstead LP, a Delaware, U.S.A. limited partnership. Andrew Rebak and Michael Scott indirectly own Farmstead through their ownership interests in Farmstead LP and its general partner, Farmstead GP, LLC, a Delaware, U.S.A. limited liability company. Messrs. Rebak and Scott are the managing members of Farmstead GP, LLC. As of the date of this Brochure, Farmstead provides discretionary advisory services to certain pooled investment vehicles organized as private investment funds as follows:
• OC 530 Offshore Fund, Ltd., a Cayman Islands exempted company (the “OC Fund”)
• Burgundy 530 Offshore Fund, Ltd., a Cayman Islands exempted company (the “Burgundy Fund”)
• Farmstead TR Holdings LLC, a Delaware limited liability company (the “Farm TR Fund”)
• Farmstead Master Holdings LLC, a Delaware limited liability company (the “Farm Master Holdings Fund”)
• OC 530 TR Holdings LLC, a Delaware limited liability company (the “OC 530 TR Fund”)
• Burgundy 530 TR Holdings LLC, a Delaware limited liability company (the “Burg 530 TR Fund”)
• Farmstead Partners, LP, a Delaware limited partnership (the “Domestic Fund”); and
• Farmstead Offshore Fund, Ltd., a Cayman Islands exempted company (the “Offshore Fund”). The Domestic Fund and the Offshore Fund will each conduct substantially all of their investment and trading activities through Farmstead Master Fund Ltd., a Cayman Islands exempted company (the “Master Fund” and together with the Domestic Fund, the Offshore Fund, the OC Fund, the Burgundy Fund, the Farm TR Fund, the Farm Master Holdings Fund, the OC 530 TR Fund and the Burg 530 TR Fund, the “Funds”). Farmstead serves as investment manager to the Funds. Farmstead Capital GP, LLC, a Delaware U.S.A. limited liability company and an affiliate of Farmstead (the “General Partner”) serves as general partner to the Domestic Fund. Farmstead may in the future provide discretionary investment advisory services to additional private funds and separately managed accounts (the “Managed Accounts”, and together with the Funds, the “Advisory Clients”). 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. Farmstead provides discretionary investment advisory services to the Funds. As the investment adviser to the Funds, Farmstead may invest the Funds’ portfolio in investment and non-investment grade bonds, leveraged loans, distressed products, structured credit and equity securities, on both a long and short basis. It should be noted that the Funds also may invest both long and short in U.S. or non-U.S. publicly traded or privately issued or negotiated common stocks, preferred stocks, stock warrants and rights, bank loans, trade claims, corporate debt, bonds, notes or other debentures or debt participations, convertible securities, fixed income securities, swaps, options (purchased or written), futures

contracts, commodities, forward contracts and other derivative instruments, partnership interests and other securities or financial instruments including those of investment companies. Farmstead may utilize leverage in the pursuit of the investment objectives of the Funds. Farmstead may also invest in new issues of securities, provided that the Funds first comply with all of the rules and regulations pertaining to such investments, including the rules of the Financial Industry Regulatory Authority. Each Fund’s structure, investment objective and strategy is set forth in a confidential explanatory memorandum (each a “CEM”) and related offering documents provided to each investor in the relevant Fund (each an “Investor”). When applicable, the investment objectives and types of investments associated with any Managed Account clients would be individually negotiated between Farmstead and the relevant Managed Account. This Brochure generally includes information about Farmstead and its relationship with the Funds. While most of this Brochure applies to all Funds, certain information included herein applies to specific Funds only. individual needs of clients. Explain whether clients may impose restrictions on investing in certain securities or types of securities. Farmstead neither tailors its advisory services to the individual needs of Investors nor accepts Investor-imposed investment restrictions. Farmstead has entered (and may in the future enter) into agreements, or “side letters,” with certain large or strategic Investors whereby such Investors may be subject to terms and conditions that are more advantageous than those applicable to other Investors. For example, such terms and conditions may provide for lower fees or preferential liquidity, among other rights. When deemed appropriate for a large or strategic Investor, Farmstead may in the future establish one or more separately managed accounts or private investment funds, which may (i) tailor their investment objectives to those of the specific Investor(s)/client(s) and/or (ii) be subject to different investment objectives, terms and/or fees than those of the Funds. Such investment objectives, fee arrangements and terms will be individually negotiated. 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. Farmstead does not participate in wrap fee programs. 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, 2023, Farmstead manages approximately $402,220,987 of Advisory Client regulatory assets under management, on a discretionary basis. Farmstead does not manage any Advisory Client assets on a non-discretionary basis. As of February 29, 2024 the amount of regulatory assets under management for Farmstead is 348,777,587. In January 2024, OC 530 TR Holdings LLC, Burgundy 530 TR Holdings LLC and Farmstead Master Holdings LLC transferred all of their investments and net assets to affiliated funds and were liquidated in full. In lieu of withdrawal proceeds the respective members of each entity received respective holding interests in the affiliated funds.