Polar Asset Management Partners Inc. (“Polar”) is a Canadian corporation formed in 1991. Its sole shareholder is Polar Financial Corporation. Polar Capital Corporation owns more than 25% of the shares of Polar Financial Corporation. Paul Sabourin serves as Chairman and Co-Chief Investment Officer and Thomas Sabourin serves as Chief Executive Officer. Each of Paul Sabourin and Thomas Sabourin owns more than 25% of the shares of Polar Capital Corporation, through their respective personal holding company, Flying Walrus Investments Inc. and Palsab Holdings Inc. As of March 31, 2023, Polar managed approximately $30 billion of regulatory assets under management on a discretionary basis. Polar provides discretionary investment advice and management services to private investment funds, which may be organized as onshore or offshore limited partnerships, trusts or corporations, as well as separately managed accounts. Polar’s private funds (each, a “Fund” and collectively, the “Funds”) generally conduct their trading activities through a master-feeder structure. In a master- feeder structure, each feeder fund contributes its investible assets to a master fund and participates on a pro-rata basis in the profits and losses of the master fund and bears a pro-rata portion of the expenses of the master fund, based on the respective capital account balances of all Funds investing through the master fund. An affiliate of Polar serves as the general partner to each feeder fund that is set up as a limited partnership. Polar also has certain standalone funds that conduct their trading activities directly, without the use of a master-feeder structure. Each Fund is managed only in accordance with its own investment objectives and is not tailored to any particular private fund investor (each an “investor”). Polar currently manages various families of private funds, as follows:
• Multi-Strategy Funds: these Funds employ multiple strategies and seek to achieve stable, superior rates of return while minimizing investment risk through the use of strategies including, but not limited to, arbitrage-oriented strategies; fixed income; credit; equity arbitrage; event driven; fundamental equity long/short; fundamental long-only equity; structured credit and private investments;
• Long/Short Strategy Funds: these Funds primarily invest in, or sell short, equity and equity derivative securities and seek to generate positive absolute returns, with low volatility and low correlation to the equity market;
• North American Micro-Cap Funds: these Funds seek to achieve long-term capital growth by investing primarily in the equity securities of small-sized Canadian and U.S. companies, which may, from time to time, include investments in private businesses;
• Co-Investment Funds: from time to time, Polar may establish private funds as co-

investment vehicles with respect to certain strategy(ies) implemented by another Fund. A co-investment Fund will seek to achieve its investment objective by investing on an opportunistic and overflow basis in an investment strategy that is pursued by another Fund. A Fund may invest through a co-investment Fund or alongside a co-investment Fund. Part 2A of Form ADV - Page 2 Polar has entered into a sub-advisory agreement (the “Sub-Advisory Agreement”) with Mirabella Financial Services LLP (“Mirabella”) pursuant to which Polar delegated certain discretionary investment management and trading authority over a portion of Polar Multi-Strategy Master Fund’s assets. Mirabella is authorized and regulated by the Financial Conduct Authority of the United Kingdom (the “FCA”), in the conduct of its regulated activities in the United Kingdom. Under the terms of the Sub-Advisory Agreement and related agreements, Polar has delegated to Mirabella its duties with respect to any of Polar’s trading activities within the United Kingdom. Any UK-based investment professionals of Polar are seconded to Mirabella and will trade on behalf of Polar Multi- Strategy Master Fund under Mirabella’s FCA registration. The aggregate amount of compensation payable by Polar Multi-Strategy Master Fund to Polar is not increased by virtue of the Sub- Advisory Agreement or other arrangements between Polar and Mirabella. Since Polar does not provide individualized advice to the investors in the Funds and the investors may not impose restrictions (other than limitations and restrictions imposed by government legislation and/or regulations) on investing in certain securities or types of securities, investors must consider whether a particular private fund meets their investment objectives and risk tolerance prior to investing. Information about each private fund can be found in its offering documents, including its confidential offering memorandum (“Offering Memorandum”). However, the private funds rely on certain registration exclusions available under the Investment Company Act of 1940, as amended (“IC Act”) and exemptions available under the Securities Act of 1933, as amended (“Securities Act”). Therefore, this brochure is designed solely to provide information about Polar and should not be considered an offer of interests in any Polar private fund. Any such offer may only be made by delivery to the prospective investor of the Offering Memorandum for the private fund under consideration. Polar currently provides advice to private funds and separately managed accounts but reserves the right to provide advice to other types of clients. Any other client accounts would be managed in accordance with the client’s stated investment objectives, strategies, restrictions, and any other agreed upon guidelines.