Below are certain key definitions used in this Brochure. Term Definition “Lyxor AM,” “Firm,” “we,” “us” or “our” Lyxor Asset Management Inc. “Lyxor AM Fund” A private investment fund which is advised, managed, and/or sub-managed by Lyxor AM. “Amundi AM SAS” Amundi Asset Management S.A.S. “Amundi AM SAS Fund” A private investment fund which is advised, managed, and/or sub-managed by Amundi AM SAS. “External Fund Managers” Unaffiliated third-party investment managers who advise External Funds, special purpose vehicles, or other investment opportunities. “External Funds” Investment funds recommended by Lyxor AM to Clients (as defined on page 5) which are not managed by Lyxor AM or Amundi AM SAS, but are advised by unaffiliated third-party investment managers. “Trading Advisors” Unaffiliated third-party investment managers who sub-advise Lyxor AM Funds or Amundi AM SAS Funds subject to a trading advisory agreement. Lyxor AM, a Delaware corporation, was formed in 1999 under the name “SG Cowen Asset Management, Inc.” We changed our name to “SG Asset Management Inc.” and registered with the SEC as an investment adviser in 2002. In 2009, we changed our name to “Lyxor Asset Management Inc.” Prior to December 31, 2021, Lyxor AM was an indirect wholly owned subsidiary of Lyxor Asset Management S.A.S. (“Lyxor SAS”), which itself was an indirect wholly owned subsidiary of Société Générale S.A. Effective December 31, 2021, Société Générale S.A. sold its ownership interest in Lyxor S.A.S. to Amundi AM SAS (the “Transaction”). Subsequent to the Transaction and upon internal reorganization, Lyxor AM became a wholly owned subsidiary of Amundi Holdings US, Inc. and, effective as of June 1, 2022, Lyxor SAS merged into Amundi AM SAS. Amundi Holdings US, Inc. is a wholly owned subsidiary of Amundi AM SAS; Amundi AM SAS is a wholly owned subsidiary of Amundi S.A.; and Amundi S.A. is controlled by Credit Agricole S.A., a French credit institution. Credit Agricole S.A. and its affiliates hold approximately 70% of the share capital of Amundi S.A. Our investment advisory services primarily focus on providing advice regarding, and access to, alternative strategies. These services may include advising on asset allocation for a portfolio of alternative investments, and often include helping to define investment objectives, guidelines, and/or risk parameters. The form in which we offer these services regarding alternative strategies may include acting as investment adviser on a discretionary or non-discretionary basis to portfolios of direct fund investments into External Funds or through separately managed accounts, or otherwise by acting as the “Manager”, “Sub-Manager”, “Adviser”, or in a similar capacity for the Lyxor AM

Funds. The Lyxor AM Funds may be sub-advised by one or more Trading Advisors. These accounts and the Lyxor AM Funds, as well as the institutional clients for whom Lyxor AM provides discretionary or non-discretionary investment advice, are our advisory clients and are collectively referred to herein as “Clients”. We describe more fully the services we provide to such Clients below. Lyxor AM Funds As noted above, we serve as the “Manager”, “Sub-Manager”, “Adviser”, or in a similar capacity for the Lyxor AM Funds. A Lyxor AM Fund may be made available to multiple investors, or dedicated to a specific group of investors or to a single investor. For each Lyxor AM Fund, we typically (i) delegate discretionary trading authority to a Trading Advisor, (ii) retain discretionary authority in whole or in part, and/or (iii) offer investors an opportunity to opt-in/opt-out of specific investment opportunities. In all cases, we retain management (or sub-management) and certain other responsibilities for the Lyxor AM Funds. These retained responsibilities typically include cash management (as described in Item 16 below) and risk oversight. Lyxor AM Funds for which we retain discretionary authority may invest in External Funds or co-investment opportunities advised by External Fund Managers. When we delegate discretionary trading authority over a particular Lyxor AM Fund to a Trading Advisor, the Trading Advisor will often have broad investment authority over such fund, subject to oversight by, and certain rights of, Lyxor AM. Typically, a Trading Advisor is tasked with implementing an alternative investment strategy for a Lyxor AM Fund which is similar to strategies implemented by such Trading Advisor for one or more other accounts or funds already managed by such Trading Advisor. Despite this delegation of trading authority to the Trading Advisor, the trading strategy of the Lyxor AM Fund will typically be modified by investment or risk guidelines or restrictions that we have imposed for such Lyxor AM Fund. Such guidelines or restrictions may be developed in-house or customized on a case-by-case basis in consultation with the particular client for whom the Lyxor AM Fund was established. The strategies implemented, and the instruments used, by a Trading Advisor for a particular Lyxor AM Fund are more robustly described in such fund’s offering materials and/or the trading advisory agreement entered into with such Trading Advisor (as applicable, the “Offering Documents”). For more information, please see Item 8 below. Assets Under Management As of December 31, 2022, Lyxor AM’ regulatory assets under management (“RAUM”) was $27,924,274,944, all of which was managed on a discretionary basis.