Nolan Management is a Delaware limited liability company formed in September 2019 with its principal office in Hermosa Beach, California. Nolan Management’s founder and managing member (the “Managing Member”) is Peter J. Nolan. Nolan Management serves as the general partner (the “General Partner”) to the private funds, Nolan Jasper Holdings LLC (“Nolan Jasper”), Vaqueros Partners LLC (“Vaqueros Partners”), and Hermosa Fund, LLC (“Hermosa Fund”) (each a “Fund”, and collectively the “Funds”). Nolan Management does not tailor the investment decisions of the Funds to individual investors, and investors generally will not be able to impose restrictions on the Funds’ investments. Nolan Management manages the Funds pursuant to the investment guidelines set forth in the relevant governing documents of the Funds, including the limited liability company agreement of each of the Funds, (each a “Limited Liability Company Agreement”) and the Strategic Co- Investment Program Agreement, (collectively, the “Governing Documents”). The Governing Documents contain more detailed information about the Funds, including a description of the investment objective and strategy or strategies employed by the Funds and related restrictions that serve as a limitation on Nolan Management’s advice or management. Nolan Management’s investment strategy focuses on the acquisition and disposition of equity securities issued by privately held companies and Permitted Public Co-Investments, (as prescribed by the Governing Documents). Nolan Management’s investment activities span across a broad range of sectors, as prescribed by each Fund’s Governing Documents. The investment objective outlined in the Funds’ Governing Documents is to

generate long-term capital appreciation through privately negotiated equity and equity-related co-investments; this shall also include any publicly-traded entity acquired (either alone or as part of a consortium) pursuant to any of the following: (i) a private investment in public equity (“PIPEs”), (ii) a tender offer or “going private” transaction, in one or a series of steps (including such transactions in which a portion of the issuer’s securities remain publicly traded), (iii) an exchange of securities received with respect to an existing Co-Investment, and (iv) toehold investments, whether in pursuit of a PIPE, “going private” transaction or otherwise. Nolan Management will not be invested in publicly traded securities other than Permitted Public Co-Investments. Nolan Management does not currently have, but may in the future enter into agreements, commonly known as “side letters,” with certain investors under which the Firm waives or modifies the application of certain investment terms applicable to such investors, without obtaining the consent of any other investor in the Funds. To the extent that DBi enters into any side letters in the future, the Firm will accommodate certain regulatory and internal policy requirements of its Funds and disclose to or obtain the consent of any other investors in the Funds (as required by applicable law and pursuant to the particular terms of its Funds’ governing documents). Nolan Management does not participate in wrap fee programs. As of December 31, 2023, Nolan Management managed approximately $354,124,087 (US) in regulatory assets on a discretionary basis and approximately $162,145,478 (US) in regulatory assets on a non-discretionary basis.