Our Firm: NZS Capital, LLC (“NZS”) is an investment adviser registered with the Securities and Exchange Commission (“SEC”) founded in 2019 with its principal place of business located at 1756 Platte St. Denver, CO 80202. Brad Slingerlend and Brinton Johns are Managers and Co-Founders of NZS. Adam Schor is the President and Chief Compliance Officer (“CCO”). Tracy Pike is the Chief Operating Officer (“COO”). Jupiter Investment Management Holdings LLC is the sole principal shareholder, owning 25% of NZS. Employees own the remaining 75% of the firm, although none is over 25%. Portfolio Management Services: NZS provides discretionary investment management services to qualified clients through institutional separately managed accounts (“SMAs”) and private funds (“Funds”). NZS does not provide financial planning services. The Funds and SMAs are together referred to as the “Portfolios.” NZS also acts as a non-discretionary sub-investment adviser to an open-end, management investment company registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”). Assets managed in this capacity are not deemed as regulatory assets under management due to the non-discretionary nature of the sub-advisory relationship. NZS requires a SMA client to grant us discretionary authority to manage your account. Subject to a grant of discretionary authorization, we have the authority and responsibility to formulate investment strategies on your behalf. Discretionary authorization allows us to determine the specific securities and the amount of securities to be purchased or sold for your account without obtaining your approval prior to each transaction. NZS

will also have discretion over the broker or dealer to be used for security transactions in your account. Discretionary authority is typically granted by the investment advisory agreement you sign with NZS, a power of attorney, or trading authorization forms. SMA clients may impose restrictions on investments in an individualized Investment Policy Statement (“IPS”). The IPS memorializes a client’s investment policy between NZS and the client. Item 12 provides more information about our brokerage practices. All discussion of the Portfolios in this brochure, including but not limited to their investments, the strategies used in managing the Portfolios, the fees and other costs associated with an investment in the Portfolios, and conflicts of interest faced by NZS in connection with management of the Portfolios, are qualified in their entirety by reference to each Portfolio’s respective governing documents. NZS utilizes fundamental research and quantitative analysis-based equity investing in public securities. Portfolios are constructed of public equities focused on innovative companies and special situations in the technology, healthcare, industrial, financial, consumer and energy sectors. Portfolios are generally long-term growth oriented and constructed with an eye toward the fundamental risk of each underlying security. Please see Item 8 (Methods of Analysis, Investment Strategies and Risk of Loss) for more information Assets Under Management As of December 31, 2023, NZS had $2,259,424,481 in discretionary assets under management and did not manage any client assets on a non-discretionary basis.