Avivar Capital assists foundations, banks and other institutional investors in the design and execution of impact investing strategy for financial, social and environmental return. Our firm is a limited liability company formed in the State of California and has been in business as an investment adviser since 2015. Our firm was founded by and is owned by Tina N. Castro, CFA, and Lisa Richter. Advisory Services We Offer We provide a range of impact investing services, from strategy design and implementation to evaluation and review based upon an analysis of the client’s mission, objectives and current financial situation. Impact investing is the practice of making investments that seek to generate financial returns while also achieving positive social and/or environmental impact. Generally, such services will involve preparing an impact investing strategy which may encompass one or more of the following areas: Impact Investment Planning, Impact Investment Policy, Impact Investment Process and Procedures, Impact Investment Program Management, and other areas important to how the client advances their work. Upon request, we also offer impact investing advisory services, which involve documenting, monitoring and preparing reports on individual impact investments or portfolios. Finally, we offer impact investing training and coaching services where we develop customized training for board, staff, donors, clients and/or partners of individual institutions, as well as the broader field including philanthropies, health systems and banks. Our firm supports all aspects of the impact investing process including investment thesis formulation, deal sourcing

and manager selection, due diligence, structuring, closing and tracking, reporting and monitoring. When using third party money managers, we provide due diligence of the managers and ongoing reviews of their management of your account. In order to assist clients in the selection of a third party money manager, we typically gather information from the client about their financial situation, investment objectives (financial and social), and reasonable restrictions they can impose on the management of the account, which are often very limited. Trading of securities is only offered by or through the third party money managers to clients. Our firm will annually review third party money manager reports provided to the client. Our firm will contact clients from time to time in order to review their financial situation and objectives; communicate information to third party money managers as warranted; and, assist the client in understanding and evaluating the services provided by the third party money manager. Clients will be expected to notify our firm of any changes in their financial situation, investment objectives, or account restrictions that could affect their financial standing. Tailoring of Advisory Services Client assets are generally managed by third party money managers. Investment restrictions are dependent on the manager chosen by our firm and the client. Participation in Wrap Fee Programs We do not offer wrap fee programs. ADV Part 2A – Firm Brochure Page 5 Avivar Capital, LLC Regulatory Assets Under Management As of December 31, 2023, our firm manages $0 on a discretionary basis and $443,208,449 on a non- discretionary basis.