FEG Investment Services, LLC (referred to hereafter as the “Manager”) was formed in 2016 and is a wholly-owned subsidiary of Fund Evaluation Group, LLC (“FEG”), a registered investment advisor. The Manager provides investment advisory services to one client, FEG Select, LLC (Select), an unregistered private fund (the “Fund”). FEG Select is a Delaware series limited liability company capable of investing across a broad range of asset classes. FEG Select contains a number of separate series, for individual and multiple strategies, as identified in FEG Select’s operating agreement. Each series is treated as a separate legal entity to avoid cross- contamination. Each series invests into either one or more commingled funds or private fund (“Underlying Fund”), or separately managed account (“SMA”). The minimum investment into FEG Select is $1 million, subject to waiver by the Manager. FEG Select is available for investment by FEG’s qualified discretionary and non-discretionary investors. FEG Select is structured as a 3(c)7 exempt private investment vehicle suitable for investors that are both “accredited investors” and “qualified purchasers,” each as defined in the FEG Select subscription agreement. The Manager serves as the managing member of FEG Select and each series. The Manager also has overall responsibility for managing and administering the business affairs and investment objectives of FEG Select. The Manager engages various third-party managers (“Underlying Managers”) to manage FEG Select’s assets. Each Underlying Manager will generally have full authority for making the investment decisions and overseeing the execution of such investment decisions. For each Series structured

as a SMA, the Underlying Manager(s) are considered Sub-Advisers of the Manager. The Manager is responsible for identifying and overseeing the Underlying Manager and Sub-Advisers for FEG Select. FEG Select was formed to pool investments of investors for the purpose of investing assets with various funds managed by Underlying Managers or separately managed accounts, managed by Sub-Advisers that are selected by the Manager. Each Underlying Fund has its own prospectus or private placement memorandum (“PPM”), which includes important disclosures with respect to investment related risks, market considerations, fees and other potential conflict issues, and other disclosures as are determined appropriate by the Underlying Managers. The SMA’s primarily make investments directly in certain securities selected by a Sub-Adviser. Each Series is managed only in accordance with its own investment objectives and restrictions and is not tailored to any particular individual investor (“Investor”). Since FEG Investment Services does not provide individualized advice to Investors, Investors should consider whether a particular Series meets their investment objectives and risk tolerance prior to investing. The Manager does not permit Investors in FEG Select to impose limitations on the investment activity described in the Underlying Funds’ offering documents. Information about each Underlying Fund can be found in its offering documents, including its prospectus, PPM and other offering documents. As of December 31, 2023, the Manager has $1,858,677,510 in discretionary assets under management. All investors should be aware that past performance is no guarantee of future results.