TruArc is a limited partnership formed under the laws of the state of Delaware. TruArc commenced operations in August 2020. TruArc is primarily owned and controlled by Alan Mantel, Ogden Phipps II and John Pless (the “Principals”). Mr. Ian Snow also has a minority economic interest in the Firm. In addition, one or more affiliates of Reinet Investments S.C.A. (collectively, “Reinet”) have a minority interest in the Management Company. Reinet does not have any power to direct the investments or control the Management Company, but possesses certain minority protection rights, including information access and periodic reporting rights, economic protections such as anti-dilution rights and consent rights in respect of certain material actions by TruArc. Further information regarding Mr. Snow’s and Reinet’s position in the Management Company are described in Item 10 below. TruArc has been established as a successor business to Snow Phipps Group, LLC (“Snow Phipps”). Snow Phipps is a registered investment adviser that provides discretionary investment advice to three private equity funds, Snow Phipps Group, L.P. (“Fund I”), Snow Phipps II, L.P. (“Fund II”) and Snow Phipps III, L.P. (“Fund III” and, collectively with Fund I and Fund II, the “Prior Funds”) and their respective related alternative investment vehicles and special purpose vehicles. SPG GP, LLC is the general partner of Fund I, Snow Phipps GP II, LLC is the general partner of Fund II and Snow Phipps GP III, LLC is the general partner of Fund III (collectively, the “Snow Phipps General Partners”). TruArc serves as a sub-adviser to the Prior Funds. TruArc currently provides investment advisory services to a group of private pooled investment vehicles or funds, referred to in this brochure collectively as “Funds” (and each, a “Fund”), which include:  TruArc Fund IV, LP and TruArc Fund IV (Parallel), LP (together with any additional parallel investment vehicles and their respective feeder vehicles and alternative investment vehicles, “Fund IV” and Fund IV, together with the Prior Funds and other private equity funds sponsored by the Management Company, the “TruArc PE Funds”), a successor fund to the Prior Funds with $840.1 million in aggregate capital commitments (including related vehicles) which continues to execute the same investment strategy employed in Fund III. TruArc Fund IV GP, LLC is the general partner (“Fund IV General Partner”) of Fund IV.  TruArc Structured Opportunities Fund, LP (together with any additional parallel investment vehicles and their respective feeder vehicles and alternative investment vehicles, “SOF”). TruArc SOF GP, LLC is the general partner (“SOF General Partner” and, together with the Fund IV General Partner, the “General Partners” and each, a “General Partner”) of SOF. TruArc also provides and could in the future provide investment advisory services to other investment funds, accounts, or other advisory clients. “Other Client Vehicle” as used herein means an investment fund, account or other advisory client sponsored, formed or managed by the General Partners, the Management Company or any of their respective affiliates, including any co- investment vehicle, aggregator or similar vehicle, provided that with respect to any investment fund, account or advisory client, the term “Other Client Vehicle” will not be deemed to include such fund (and its related vehicles), such account or such advisory client, respectively. Without limiting the foregoing, the Fund IV General Partner has also formed TruArc Fund IV Co-Invest, LP (“TruArc Fund IV Co-Invest”), a co-investment vehicle that co-invests in all or substantially all of Fund IV’s portfolio investments alongside Fund IV. Reinet is the only investor in TruArc Fund IV Co-Invest. Further information regarding the allocations to TruArc Fund IV Co-Invest are described

in Item 12 below. The Fund IV General Partner has also formed certain aggregator vehicles in order to facilitate investments by co-investors alongside Fund IV in certain portfolio investments. For purposes of this brochure, each of the Prior Funds will also constitute an Other Client Vehicle with respect to each Fund. The eligibility and suitability requirements for each Fund are described in the applicable Private Placement Memoranda (“Memoranda”), limited partnership agreement(s) (“Partnership Agreements”) and subscription agreements (“Subscription Agreements”) (collectively referred to as the “Fund Offering Documents”). For purposes of this brochure, references to “the Funds,” “a Fund” or “each Fund” will also apply to future funds, references to “the General Partner,” “a General Partner” or “each General Partner” will also apply to future general partner entities that are affiliates of TruArc, and references to “the Management Company” or “a Management Company” will also apply to future investment manager entities that are affiliates of TruArc. With respect to Fund IV, TruArc will continue to pursue the same middle-market strategy that was executed in Fund I, Fund II and Fund III by the Firm’s senior Investment Team consisting of Messrs. Alan Mantel, Ogden Phipps II, John Pless, Townsend Bancroft, Brandon Kiss and Gerald Sheehan (the “Senior Investment Team”). For Fund IV, the Management Company will target investments in companies primarily headquartered in North America, generally with enterprise values ranging from $100 million to $500 million that are expected to require equity investments between $50 million and $150 million in the initial investment or through a series of transactions. The investments in Fund IV are expected to primarily be in the form of controlling positions in companies achieved through leveraged acquisitions, build-ups, recapitalizations, growth equity buyouts and restructuring transactions. With respect to SOF, TruArc will seek to opportunistically invest across a wide range of securities issued by middle-market companies primarily headquartered in North America, including but not limited to secured or unsecured debt securities, senior or preferred equity securities or other similar instruments (collectively, “Structured Securities”), and common equity or similar securities in connection therewith. SOF will seek to pursue investments in companies in the Specialty Manufacturing and Business Services sectors, which are also key sectors of focus for the TruArc PE Funds. The SOF investment team (“SOF Investment Team”) generally intends to seek portfolio investments for SOF ranging in size from $20 million to $40 million, including subsequent follow- on investments. Assets Under Management As of December 31, 2023, TruArc had $1,401,000,000 in regulatory assets under management (which includes the committed capital that may be called from investors and the General Partners) for Fund IV, TruArc Fund IV Co-Invest and Other Client Vehicles (other than the Prior Funds). Meyer Aggregator LP (a co-investment vehicle to Fund IV) and SOF held closings in 2024. As of March 29, 2024, TruArc had $1,538,200,000 in regulatory assets under management (which includes the committed capital that may be called from investors and the General Partners) for SOF, Fund IV, TruArc Fund IV Co-Invest and Other Client Vehicles (other than the Prior Funds). Furthermore, TruArc is a sub-adviser to the Prior Funds which had $1,603,800,000 in regulatory assets under management as of December 31, 2023. As such, TruArc is providing investment advice to a total of $3,142,000,000 in regulatory assets under management as of March 29, 2024. All assets are and will be managed on a discretionary basis.