Laurus Investment Counsel Inc.(“Laurus”, “LIC,” “we,” “us,” “our” or “the Firm”) is a fundamental, small cap growth equity investment manager utilizing a disciplined approach to purchase high quality companies at compelling valuations. The Firm was formed in 2014 as an independent investment advisory firm and manages assets for institutional and high‐net‐worth clients across a variety of global investment strategies in Canada. The Firm is 100% owned by Laurus Holdco, Inc. (“Holdco”), a private holding company that is predominantly owned by the employees of LIC. LIC is the Manager and promoter of several small cap funds in Canada, including a U.S., International and Global small cap fund (together “Laurus Funds”). Laurus Funds are open‐end investment funds created under the laws of the Province of Ontario pursuant to a declaration of trust. The Laurus Funds are not offered in the United States. LIC also provides investment sub‐advisory services on a discretionary basis to Canadian pooled investment vehicles (each an “Unaffiliated Fund” and together, the “Unaffiliated Funds”), which are not offered in the United States. LIC has entered into investment management agreements with Canadian Companies who have been appointed as Manager to one or more Unaffiliated Funds. Under these agreements, LIC has been appointed Portfolio Manager and Subadvisor and has discretionary responsibility for investment of certain assets of the Unaffiliated Funds. The investment objective and strategy for the Laurus Funds and Unaffiliated Funds (together, the “Funds”) are fully described in the offering documents. LIC provides investment management services to the Funds and does not tailor advice to the individual underlying offshore investors within the Funds. LIC intends to advise separately managed accounts for U.S. institutional clients (each an “SMA” and together, the “SMAs”) and may directly advise pooled vehicles or provide additional sub‐advisory services. The SMAs will invest primarily in accordance with the same strategies advised for the Funds and together with the Funds are herein referred to as the Firm’s clients (the “clients”). LIC will manage the institutional SMA clients in accordance with the guidelines and restrictions stated in the written advisory agreement. Strategies are offered to U.S. institutional investors, such as pension plan sponsors, trustees and other institutional

clients (together, “Clients”). LIC currently manages assets for two high‐net‐worth clients residing in the U.S., accounting for less than 2% of the Firm’s assets under management. LIC does not actively market itself to high‐net‐worth individuals and does not intend to take on any new high‐net‐worth individuals residing in the U.S.. The Firm follows a quality growth investment discipline in all of its equity portfolios, which is implemented across several strategies including U.S. Small Cap Equity, International Small Cap Equity, Global Small Cap Equity, Canadian Small Cap Equity, North American All Cap Equity and North American All Cap Focused Equity. Client accounts are managed to a model as determined by the respective Investment Team. The Firm provides discretionary investment advisory services to its Clients either directly, or through the Client’s representatives. Each Client’s investment objectives will be made known to LIC through meetings between LIC and the Client and/or its representatives and/or through an evaluation of instructions or documents made available to the Firm, such as trust agreements. As appropriate, the advisory services will also reflect changes in investment objectives communicated to the Firm by the Client. LIC may be able to accommodate certain client impose restrictions on investing in certain securities. Such accommodation would be agreed to on a case‐by‐case basis. Clients are required to enter into written advisory agreements with the Firm. Among other things, these agreements identify the particular assets to be managed, the account mandate and style, and any reasonable restrictions imposed by the Client on the management of the account. In addition, the advisory agreements spell out the nature of LIC’s duties toward the Client's account, applicable fees, disclosures required by law, and certain limits to LIC's liability. The advisory agreement also specifies that LIC shall have the power to vote proxies for securities comprising the managed assets unless otherwise instructed. As of December 31, 2023, LIC has approximately $413.9* million assets under management on a discretionary basis. LIC also has $36.7* million assets under advisement where we provide ongoing advice to unaffiliated third party advisors. *Rounded to the nearest U.S. $100,000 using a foreign exchange rate of CAD $0.7545 to U.S. $1.00.