Absolute Investment Advisers, LLC ("Absolute", “we” or “us”) is an SEC-registered investment adviser with its principal place of business located in Rosemary Beach, Florida. Absolute is a limited liability company that began conducting business in 2004. Absolute’s principal owner (i.e., those individuals and/or entities controlling 25% or more of the partnership) is James P. Compson. Mutual Fund Portfolio Management Absolute is the investment adviser for the Absolute Convertible Arbitrage Fund, Absolute Flexible Fund, Absolute Capital Opportunities Fund, Absolute Strategies Fund and the Absolute Select Value ETF (together, the “Funds” or the “Absolute Funds”). Absolute serves as the investment advisor to the Funds, and continuously manages the Absolute Fund assets based on the investment goals and objectives as outlined in each Absolute Fund's prospectus. Interested investors should refer to each Absolute Fund's Prospectus and Statement of Additional Information ("SAI") for important information regarding objectives, investments, time-horizon, risks, fees, expenses, and additional disclosures. These documents are available on-line at www.absoluteadvisers.com. Private Fund Portfolio Management Absolute provides investment management services to collective investment funds that are not registered as investment companies (the "Private Funds"). The Private Funds that are managed by Absolute include: Absolute Finn Investment Partners, L.P. AIA Finn Associates GP, LLC (“General Partner”) is the General Partner to the Absolute Finn

Investment Partners L.P. (the “Partners Fund” or “Partnership”), a privately offered pooled investment vehicle. The General Partner has appointed Absolute to serve as the Partners Fund’s investment adviser. The General Partner is a relying adviser of Absolute and is under common control and collectively conduct a single advisory business. Absolute is the manager of the Partners Fund's assets, and the General Partner has no employees or other persons acting on its behalf other than officers, directors, partners or employees of Absolute. Separate Account Portfolio Management Absolute provides continuous asset management of client portfolios based on the individual needs of the client. Through discussions in which goals and objectives based on the client's particular circumstances are established, Absolute develops the client's investment guidelines. Absolute creates and manages a portfolio based on those guidelines. Absolute manages these advisory accounts on a discretionary basis. Account supervision is guided by the client's stated objectives and guidelines (e.g., maximum capital appreciation, growth, income, or growth and income), as well as tax considerations. Clients can impose reasonable restrictions on investing in certain securities, types of securities, or industry sectors, or such other investment restrictions as may be agreed between a client and Absolute, but in general management of an account is discretionary on the part of Absolute. Amount of Managed Assets All Absolute’s accounts are managed on a discretionary basis. As of December 31, 2023, Absolute was managing approximately $1,625,721,283 of client assets.