In this Brochure, “Ormonde” or the “Adviser” means Ormonde USA LLC, a Delaware limited liability company founded in January 2021 together (where the context permits) with its affiliates that provide advisory services on investment and/or business development to and/or receive advisory fees from its clients. Ormonde is an advisory firm serving high net worth families, family owned and controlled investment entities and mid-sized institutions by offering investment management services in accordance with each client’s investment objectives and restrictions. The firm offers services as an ‘outsourced Chief Investment Officer’, building tailored investment programs including (subject to client need and appetite) asset allocation, portfolio construction, manager selection and consolidated reporting. Ormonde is primarily owned and controlled by Christopher Winn. Christopher Winn alongside co-founder Stephen Smith (the “Principals”) are primarily responsible for the management of the Adviser. As of 31 December 2023, Ormonde had approximately $85 million in assets under management, of which $85 million is managed on a non-discretionary basis and $0 managed on a discretionary basis. Investment Management Services Clients primarily engage Ormonde to manage all or a portion of their assets. In addition, Ormonde provides ongoing investment advisory services including recommendations for investment and divestment of assets. Ormonde primarily allocates clients’ assets among Independent Managers (as defined below) and private placement securities, which may include debt, equity, and/or pooled investment vehicles, when consistent with the clients’ investment objectives. Ormonde may allocate client assets among individual equity and debt securities, mutual funds, exchange-traded funds (“ETFs”). Ormonde may also provide advice about most types of investment held in clients' portfolios. Private placement securities may include private placement securities managed by Ormonde’s affiliated investment advisers. Additional information related to Ormonde’s affiliated investment advisers and conflicts of interest related to the Adviser’s recommendation of affiliated investments are discussed in Item 10, below. Ormonde tailors its advisory services to the individual needs of clients. Ormonde consults with clients initially and on an ongoing basis to determine risk tolerance, time horizon and other factors that may impact the clients’

investment needs. Ormonde ensures that clients’ investments are suitable for their investment needs, goals, objectives and risk tolerance. Clients are advised to promptly notify Ormonde if there are changes in their financial situation or investment objectives or if they wish to impose any reasonable restrictions upon Ormonde’s management services. Use of Independent Managers Ormonde recommends that clients authorize the active management of a portion of their assets by and/or among certain independent investment managers (“Independent Managers”), based upon the stated investment objectives of the client. The terms and conditions under which the client engages the Independent Managers are set forth in a separate written agreement between the client and the designated Independent Managers. Ormonde renders services to the client relative to the selection of Independent Managers. Ormonde also monitors and reviews the account performance and the client’s investment objectives. Ormonde may receive an annual advisory fee which is based upon a percentage of the market value of the assets being managed by the designated Independent Managers. When selecting an Independent Manager for a client, Ormonde reviews information about the Independent Manager such as its disclosure brochure and/or material supplied by the Independent Manager or independent third parties for a description of the Independent Manager’s investment strategies, past performance and risk results to the extent available. Factors that Ormonde considers in recommending an Independent Manager include the client’s stated investment objectives, management style, performance, reputation, financial strength, reporting, pricing, and research. The investment management fees charged by the designated Independent Managers, together with the fees charged by the corresponding designated broker-dealer/custodian of the client’s assets, are exclusive of, and in addition to, Ormonde’s investment advisory fee set forth above. As discussed above, the client may incur additional fees than those charged by Ormonde, the designated Independent Managers, and corresponding broker-dealer and custodian. In addition to Ormonde’s written disclosure brochure, the client also receives, as applicable, the written disclosure brochure of the designated Independent Managers. Certain Independent Managers may impose more restrictive account requirements and varying billing practices than Ormonde.