GLAM was organized in 2019 as a limited liability company under the laws of Delaware and is an asset management firm that provides investment advisory services to privately-offered, pooled investment vehicles, including a Cayman Unit Trust, (the “Funds”), as well as to accounts for which GLAM provides continuous and regular supervisory and management services pursuant to an investment advisory agreement (the “SMAs” and, collectively with the Funds, “Clients”). Additionally, the Adviser provides non- discretionary due diligence and portfolio consulting services to structured credit portfolios of institutional clients (“Consulting Clients”) on a non-advisory basis. Matthew Natcharian and Derek Yaworsky are the Adviser’s co-founders and serve as Managing Directors. GLAM is a wholly-owned subsidiary of The GreensLedge Group LLC. The Funds themselves are advisory clients of GLAM, as opposed to the underlying investors in the Funds (“Underlying Investors” or “Investors”). Underlying Investors must satisfy certain requirements (e.g., qualified purchaser status) to be participants in the Funds. Investors should carefully consider the investment objectives, risk tolerance and liquidity of any Fund prior to investing. GLAM tailors its advisory services to the specific investment objectives and restrictions as determined by its Clients. GLAM manages each Fund in accordance with its respective limited partnership agreement, investment advisory agreement, offering memorandum, or other applicable governing document (collectively, “Offering Documents”), where applicable. GLAM does not tailor its investment advisory services to meet the individual needs of an Underlying Investor in a Fund

because the Funds will have distinct investment guidelines and requirements that GLAM must follow per applicable Offering Documents. Subject to applicable law and each Fund’s Offering Documents, GLAM may enter into side letter arrangements with certain Underlying Investors that have the effect of altering or supplementing the terms of such Investors’ investments in a Fund, including waivers or reductions of fees, access to portfolio information, rights to make withdrawals, and circumstances under which withdrawals are required. GLAM also tailors its non-discretionary consulting services for Consulting Clients to the specific due diligence and monitoring guidelines as determined by such Clients. These guidelines are reflected in each Consulting Client’s consulting agreement with GLAM. GLAM does not provide continuous and regular supervisory or management services to the securities portfolios of Consulting Clients and does not include the assets of such arrangements in its calculation of regulatory assets under management. GLAM manages SMAs in accordance with the relevant investment advisory agreement, investment policy statement, or other applicable governing document (the “SMA Agreements,” and together with the Offering Documents, “Governing Documents”). SMAs can be managed on either a discretionary or non-discretionary basis. Non-discretionary SMAs require GLAM to obtain client permission prior to the execution of any trades. Discretionary SMAs allow GLAM to buy and sell securities at its own discretion, based on the investment guidelines outlined in the SMA Agreement. As of December 31, 2023 GLAM managed approximately $590 million in regulatory assets under management on a discretionary basis.
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