Description of the Investment Manager Tenere Capital, LLC (the “Investment Manager”), a Delaware limited liability company, was founded in November 2020 to provide discretionary investment advisory services to pooled investment vehicles organized as private investment funds. Daniel Benel is a principal owner of the Investment Manager and serves as President (herein referred to as the “Principal”). The Investment Manager and the General Partner (defined below) were established by the Principal and LionTree Partners LLC, a merchant bank, and its Chairman and Chief Executive Officer, Aryeh B. Bourkoff (collectively, “LionTree”). Mr. Bourkoff is also a principal owner of the Investment Manager but is not involved in the provision of advisory services by the Investment Manager to its clients. The Investment Manager currently advises the “Tenere Crossover Fund”, which operates through a “master-feeder structure” that includes the following entities:  Tenere Capital Fund (Onshore), LP, a Delaware limited partnership (the “Onshore Feeder”);  Tenere Capital Fund (Offshore), LP, a Cayman Islands exempted limited partnership (the “Offshore Feeder”); and  Tenere Capital Master Fund, LP, a Cayman Islands exempted limited partnership (the “Master Fund”). It should be noted that the Onshore Feeder and the Offshore Feeder invest substantially all of their assets in the Master Fund. The Investment Manager also advises the Tenere Liquid Opportunities Fund, L.P., a Delaware limited partnership (the “Tenere Liquid Fund”). The Investment Manager’s private investment fund clients are collectively referred to herein as a “Fund” or the “Funds”, as applicable. Tenere Capital Fund GP, LLC (the “General Partner”) is an affiliate of the Investment Manager and acts as general partner to certain of the Funds. The Investment Manager has partnered with LionTree to provide operating infrastructure, access to proprietary private deal flow, and industry-level market insight. This partnership provides business stability, operational support and enhances the scope and quality of the Funds’ investment process. Please see additional disclosure in Item 10 below. Types of Advisory Services Offered The principal investment objective of the Tenere Crossover Fund is to pursue a primarily long-only equity investment strategy that invests in both early-stage growth companies and mid-cap to large-cap equities, across private and public markets. The Tenere Liquid Fund invests on a pari passu basis with the publicly traded portfolio of the Tenere Crossover Fund. Subject to the sole discretion of the General Partner, investors typically must be invested

in the Tenere Crossover Fund to be eligible to invest in the Tenere Liquid Fund. The Funds are particularly focused on the Technology, Media and Telecom (“TMT”) markets and companies that are benefiting from digital transformations. The team expects the portfolio to be concentrated and for core positions to be held for a long duration. There can be no assurance that the Funds’ investment objective will be achieved, and investment results may vary substantially on a monthly, quarterly and annual basis. The Investment Manager’s methods of analysis are further described in Item 8 (Methods of Analysis, Investment Strategies and Risk of Loss) herein. As part of its investment program, the Tenere Crossover Fund may pursue opportunities in private investments which may include minority, preferred or other equity or debt investments in private companies (the “Private Investments”). Private Investments will generally be held in “Private Investment Accounts” on the books and records of the respective Funds until realization or partial realization (or deemed realization). The particular investment objectives, strategies, fees and risks of each Fund are contained in the respective Fund’s confidential offering documents (each, a “Memorandum”). Availability of Services Tailored to Specific Client Needs The Investment Manager has broad and flexible investment authority with respect to the Funds and its services are tailored to achieving the investment objectives as stated in each Fund’s Memorandum. The Investment Manager does not tailor its services to the individual needs of any investor in the Funds. The General Partner and/or the Investment Manager, without notice to or consent from existing or prospective Fund investors, has entered into side letters or similar separate agreements with one or more Fund investors that alter the terms and conditions described in the respective Memorandum or other governing document solely with respect to the parties to such side letters or similar separate agreements (including, without limitation, with respect to fees, transfers, withdrawals, transparency, notices and reporting and disclosure). Wrap Fee Programs The Investment Manager does not participate in wrap fee programs. Client Assets Under Management As of December 31, 2023, the Investment Manager has approximately $553,908,000 of regulatory assets under management on a discretionary basis. Please also see Item 8 (Methods of Analysis, Investment Strategies and Risk of Loss), Item 10 (Other Financial Industry Activities and Affiliations) and Item 14 (Client Referrals and Other Compensation).