Introduction Bayshore is an independent SEC registered investment adviser that began operations in 2001. The principal owner and managing member of Bayshore is Tready Smith. Investment Services Bayshore supervises investment portfolios for clients with their own separate accounts (“Consulting Clients”)and for pooled vehicles (“Funds”). Bayshore has discretionary authority for all Funds and may have either discretionary or non-discretionary authority for Consulting Clients. Bayshore also has arrangements with other advisory firms (“Subadvisory Clients”) wherein Bayshore is not the client’s primary adviser and instead acts in a non-discretionary subadvisory capacity (“Subadvisory Services”). Consulting Clients, Funds and Subadvisory Clients are all “Clients” of Bayshore. Consulting Clients Bayshore creates and manages customized investment portfolios for Consulting Clients based on client-specific guidelines determined by thoroughly reviewing the Consulting Client’s overall financial objectives, tolerance for risk, and specific investment goals and taking into account the impact taxes and fees may have on the returns that the Consulting Client can expect. Bayshore specializes in selecting underlying managers, allocating capital globally across investment strategies and asset classes, and providing customizable and detailed portfolio reporting. Funds Bayshore’s advisory services to the Funds are tailored to the specific investment objectives and restrictions as set forth in each Fund’s offering documents. Bayshore may, in its absolute discretion, provide co-investment opportunities to one or more of the Funds’ limited partners and/or other persons on terms to be determined by Bayshore in its sole discretion; provided, however, that the terms relating to the co-investor’s acquisition of such fund investment are no more favorable than the terms offered to the Fund with respect to its acquisition of the fund investment. Any such co-investment opportunities may be made available through limited partnerships or other entities formed to make such investments (a “Co-Investment Fund”). Bayshore may also organize parallel investment vehicles to facilitate, from a legal, tax or regulatory standpoint, investments in the Funds for certain classes of investors. Generally, in such event, each participating person would invest in such parallel investment vehicle on substantially the same terms and conditions as it participates in the Fund. For Consulting Clients and Funds Bayshore expects to invest in pooled vehicles (such as mutual funds, exchange traded funds, private funds and similar pooled vehicles managed by third parties) as well as direct investments in individual securities. Investments in pooled vehicles may be passively managed (the capital is invested the same way a particular index is constructed) or they may be actively managed (the manager of the pooled vehicle decides how the capital will be invested). Some of these pooled vehicles are not offered to the general public;

they are offered only to investors who meet certain eligibility requirements and they may not be registered with the SEC. While all pooled vehicles have their own risks and an additional layer of fees and expenses borne by the investor, private funds may have higher fees and risks, including exotic investment strategies, conflicts of interest and illiquidity restraints that impose a waiting period before investors can get their capital returned to them. Bayshore expects that, in most cases, pooled vehicles will be managed by outside investment managers who are experts in various niches of the financial markets. Bayshore believes that it can provide the most value to its Clients by finding best-in-class managers in each asset class in which the Client is invested. Bayshore Capital Advisors // Form ADV Part 2A - SEC File #801-60081 5 The members of Bayshore’s Investment Committee have extensive experience in analyzing individual securities, and they may choose to invest Client capital directly in individual securities instead of pooled vehicles. In addition, Bayshore may hire one or more sub-advisers to manage Client accounts by selecting individual securities. Bayshore may also use short sales, sell covered call options, and enter into forward currency contracts, primarily to reduce risk but also for opportunistic speculation. Bayshore also holds cash reserves and securities that are similar to cash including, but not limited to, money market instruments. Bayshore does not offer custody or safekeeping services. The policies and procedures, fees and expenses of the sub-advisers and investment advisers of pooled vehicles used by Bayshore may be different from those described in this brochure, as this brochure relates only to Bayshore. Information about each publicly offered pooled vehicle is available either through the prospectus or the Form ADV of the pool’s adviser. Bayshore maintains records of such information for sub-advisers and private pooled vehicles, and Clients may request this information from Bayshore at any time. Subadvisory Services Other advisory firms engage Bayshore to assist, on a non-discretionary basis, with the investment, reinvestment and disinvestment of the assets of accounts under management of these other advisory firms. Such Subadvisory Services cover a range of options and are tailored to meet the needs of the other advisory firms. Other Advisory Services Bayshore may offer limited financial planning services, including coordinating Consulting Clients’ selection of insurance and estate planning services from third parties unrelated to Bayshore and other similar services typically offered by a “family office” business. Bayshore generally provides such services only on rare occasions and does not charge a fee. However, Bayshore may in the future offer such services more frequently and charge a fee. Assets Under Management As of December 31, 2023, Bayshore’s regulatory assets under management were approximately $454,206,000 and assets under advisement were approximately $22,985,000.