FSSPA was formed on March 20, 2019, for the purpose of providing collateral management services to Bridge Street CLO I Ltd (the “Issuer”). On September 2, 2021, FSSPA became the investment adviser to Bridge Street CLO II, on December 28, 2022, became the investment adviser to Bridge Street CLO III Ltd and on April 26, 2024, became the investment adviser to Bridge Street CLO IV Ltd (together, with Bridge Street CLO I Ltd, the “Issuers”). The Issuers are the Adviser’s only clients. The Adviser may, subject to any limitations described in the investment advisory agreements it enters into with its clients, advise other investment companies, private investment funds, structured finance vehicles, institutional investors or other persons or entities (collectively, the “Clients”), at which time the Adviser will make any necessary amendments to this Brochure. The Adviser is responsible for identifying potential investments for the Issuers. The investment professionals of the Adviser have extensive experience in secured lending and high yield securities, including senior loans, asset-based lending, structured finance, fixed income securities, and distressed debt. The Adviser incorporates a sophisticated platform with an experienced team of investment professionals to identify opportunities in such assets, while at the same time assessing and monitoring risk. The Adviser evaluates such investments and their appropriateness based on the Issuers’ respective investment objectives, strategies, restrictions, and guidelines, as described in the Issuer’s governing documents (e.g., offering circulars

and indentures). Because the Adviser does not provide individualized advice to investors (and an investment in an Issuer does not, in and of itself, create an advisory relationship between the investor and the Adviser), investors must consider whether a particular Issuer meets their investment objectives and risk tolerance prior to investing. The Adviser is a subsidiary of Franklin Square Holdings, L.P. (“FSH”). FSH is the primary owner of the Adviser. The Adviser is also an affiliate of FS Global Advisor, LLC (“FSGA”), FS Tactical Advisor, LLC (“FSTA”) and certain other investment advisers affiliated with FSH. FSGA is the registered investment adviser to FS Credit Opportunities Fund (“FSCO”), a closed-end investment company that focuses on investing in secured and unsecured floating and fixed rate loans, bonds, and other credit instruments. As of December 31, 2023, FSCO had approximately $2.086 billion in assets under management. FSTA provides advisory services to FS Tactical Opportunities Fund, L.P., a private fund designed to build an investment portfolio of capital structured solutions and special situations credit investments primarily in North America. Investment professionals of the Adviser, including certain of its portfolio managers, also make investment decisions for FSGA and FSTA. As of December 31, 2023, the assets under management for Bridge Street CLO I are $325,630,427, the assets under management for Bridge Street CLO II are $325,123,708, and the assets under management for Bridge Street CLO III are $329,169,520; such assets are managed on a discretionary basis.