Ballyrock Investment Advisors LLC (“Ballyrock”) is wholly-owned by FMR LLC and has been in business since 2001. It provides investment advisory services to various types of structured credit vehicles, including collateralized loan obligation and collateralized debt obligation vehicles (collectively, “CLOs”), which have focused on investments in various types of debt securities, including primarily bank loans, and if permissible under the respective indentures, bonds and asset-backed securities. In particular, Ballyrock acts as the collateral manager for various CLOs or other structured credit vehicles that have issued multiple tranches of debt and equity securities collateralized by a portfolio of securities, typically debt obligations such as bank loans and other debt securities (“the collateral obligations”). As collateral manager of a CLO or other structured credit vehicle (an “issuer” or “client”), Ballyrock will typically be authorized to (i) select the collateral obligations to be acquired by the issuer, (ii) invest and reinvest the assets of the issuer, and (iii) instruct the trustee of the issuer with respect to any acquisition, disposition or tender of any investments held by the issuer, in each case, in accordance with the respective collateral management agreement and applicable provisions of the indentures. Ballyrock is typically also authorized to negotiate on behalf of an issuer with respect to any hedge agreements (such as interest rate swaps) or securities lending arrangements to be entered into by the issuer, if any. Ballyrock’s affiliate, Fidelity Management & Research Company LLC (“FMR”), serves as sub-adviser to each CLO that Ballyrock manages pursuant to sub-advisory agreements. FMR is also a registered investment

adviser wholly-owned by FMR LLC. Under sub-advisory agreements, services are also provided to Ballyrock by affiliates of FMR. All references herein to advisory services provided by Ballyrock shall include the sub-advisory services provided by FMR and its affiliates to the CLOs managed by Ballyrock. Ballyrock offers advice to the CLOs it manages investing principally in syndicated bank loans and other eligible collateral permitted in the respective indentures. The type of investments in CLOs and other structured credit vehicles that Ballyrock advises in the future may vary. At the outset of any new CLO, Ballyrock, along with other deal participants, including the underwriters, placement agents, rating agencies and investors, will determine the type of investments that the CLO will make and any limitations on such investments. From time to time an officer of Ballyrock or a manager, analyst or other employee of its affiliate will express views regarding a particular company, security, industry, or market sector. The views expressed by any such person are the views only of that individual as of the time expressed and do not necessarily represent the views of Ballyrock, or its affiliates or any other person in the Fidelity organization. Any such views are subject to change at any time based upon market or other conditions, and Ballyrock disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for an account managed by Ballyrock or its affiliates are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any such account. Ballyrock’s total assets under management on a discretionary basis as of December 31, 2023 were $6,511,660,560.