Description of Firm NEOS Investment Management, LLC is a registered investment adviser based in Westport, CT. We are organized as a limited liability company ("LLC") under the laws of the state of Delaware. We are a wholly owned subsidiary of NEOS Investments, LLC. The following paragraphs describe our services and fees. Refer to the description of each investment advisory service listed below for information on how we tailor our advisory services to your individual needs. As used in this brochure, the words "we," "our," and "us" refer to NEOS Investment Management, LLC and the words "you," "your," and "client" refer to you as either a client or prospective client of our firm. Investment Company Advisory Services We serve as the investment adviser to registered investment companies ("RIC"). For more information, including investment objectives, risks, charges, and expenses, please read the RICs' prospectus and summary prospectuses (collectively, "prospectuses"), statement of additional information, and other reports to shareholders for complete disclosures relating to the RICs before investing. Refer to the Investment Discretion section below for additional disclosures on our discretionary authority. Securities held in separate accounts may also be the same securities as those purchased by the Fund. Portfolio Management Services We offer discretionary portfolio management services. Our investment advice is tailored to meet our clients' needs and investment objectives. If you participate in our discretionary portfolio management services, we require you to grant us discretionary authority to manage your account. Subject to a grant of discretionary authorization, we have the authority and responsibility to formulate investment strategies on your behalf. Discretionary authorization will allow us to determine the specific securities, and the amount of securities, to be purchased or sold for your account without obtaining your approval prior to each transaction. We will also have discretion over the broker or dealer to be used for securities transactions, and over the commission rates

to be paid. Discretionary authority is typically granted by the investment advisory agreement you sign with our firm, a power of attorney, or trading authorization forms. In providing account management services, we do not accept client restrictions on the specific securities or the types of securities that may be held in your account. Sub-Advisory Services to Registered Investment Advisers We offer sub-advisory services to unaffiliated third party money managers (the "Primary Investment Adviser"). As part of these services, we will manage assets delegated to our firm, by the Primary Investment Adviser, under a sub-advisory agreement. While we are responsible for the overall management of the assets delegated to our firm, we will not communicate investment recommendations or selections directly to the Primary Investment Adviser's individual clients. Sub-Advisory Services Offered to Registered Investment Companies (RICs) We offer sub-advisory services to registered investment companies (RICs). As part of these services, we manage assets delegated to our firm, by the RIC, under a sub-advisory agreement. The Primary Adviser supervises the management of the RIC and is responsible for ensuring that we are managing the RIC's assets consistent with the RIC's investment objectives. Types of Investments We offer advice on equity and fixed income securities, RICs (including ETFs), options, swaps, derivatives, and United States government securities. Additionally, we may advise you on various types of investments based on your stated goals and objectives. We may also provide advice on any type of investment held in your portfolio at the inception of our advisory relationship. Since our investment strategies and advice are based on each client’s specific financial situation, the investment advice we provide to you may be different or conflicting with the advice we give to other clients regarding the same security or investment. Assets Under Management As of December 31, 2023, we provide continuous management services for $1,359,531,463 in client assets on a discretionary basis.