A. Introduction Cendana Capital Management, LLC (“Cendana”), a Delaware limited liability company, was formed in 2010 and is owned indirectly by Michael Kim (the “Principal”). Cendana focuses on early stage/seed and pre-seed investments both through fund of fund and direct investment strategies and provides discretionary and non-discretionary investment advisory services to privately offered pooled investment vehicles (“Funds”) and single-investor accounts structured as pooled investment vehicles (“Separate Accounts,” together with the Funds, “Clients”). Cendana’s Clients generally pursue either: (i) fund of funds strategies (“Funds of Funds”), which generally invest in venture capital funds (“Portfolio Funds”) focused on early stage/seed and pre-seed investments; or (ii) direct investment strategies (“Direct Funds”), which generally focus on investments in private companies—which may be existing portfolio companies of Portfolio Funds (“Portfolio Companies”)— raising capital from venture capital funds. In the future, Cendana may establish co-investment vehicles and may offer investments in such co- investments vehicles to certain limited partners of the Funds at the discretion of the applicable general partner and subject to any limitations in the respective limited partnership agreement. Advisory Structure The activities of each Client are governed by a limited partnership agreement, operating agreement, confidential private placement agreement (“PPM”), or similar document (each a “Governing Document”), that specifies the investment guidelines and investment restrictions applicable to each Client. An affiliate or related person of Cendana generally serves as general partner or managing member of each Client (each an “Affiliated Manager”). Cendana, together with the Affiliated Managers, provides investment management and/or investment supervisory services to Clients. Generally, each Affiliated Manager and their respective Client(s) retain Cendana to provide investment management and advisory services. Each Affiliated Manager retains management authority

over the business and affairs of their respective Client(s). B. Types of Advisory Services Cendana offers investment advice solely with respect to the investments made by Clients. Such services consist of investigating, identifying, and evaluating investment opportunities, structuring, negotiating, and making investments on behalf of Clients, managing and monitoring the performance of such investments, and disposing of such investments. As noted above, Cendana, and/or its affiliates generally advise two types of Clients: (i) Funds of Funds and (ii) Direct Funds. C. Client Investment Objectives and Restrictions Cendana generally has broad and flexible investment authority with respect to Clients. Each Client’s investment objectives and strategies are typically set forth in its respective Governing Document(s). Cendana tailors its investment advice to each Client in accordance with the Client’s investment objectives, strategy, and investment limitations, if any, as set forth in the relevant Governing Document(s), as applicable. Each Client’s underlying investors (“Investors”) are generally provided with a limited partnership agreement and a PPM prior to making an investment. Investors are urged to carefully review those documents prior to making an investment in a Client. Cendana and/or the Affiliated Managers have and may enter into side letter agreements with certain Investors. Side letters are negotiated prior to investment and may establish rights that supplement, or alter the terms of the applicable Governing Document. Pursuant to such side letters, certain Investors may have rights which are not available to other Investors (including, without limitation, limited partner advisory committee (“LPAC”) representation transparency rights, reporting rights, and co-investment rights). D. Wrap-Fee Programs Cendana does not participate in any wrap fee programs. E. Assets under Management As of September 30, 2022, Cendana and the Affiliated Managers managed approximately $1,142,976,273 Client assets on a discretionary basis and $841,053,483 on a non-discretionary basis.