Linden provides discretionary investment advisory services to a group of private investment funds within a master-feeder structure (the “Funds”) and to separately managed accounts (the “Accounts”; and, together with the Funds, the “Advisory Clients”). The Funds are open only to certain financially sophisticated and high net-worth individuals and entities, as more fully discussed in Item 7. We were founded in May 2003 by four members of the JP Morgan U.S. Arbitrage Desk, JP Morgan’s proprietary trading group focused on convertible and credit arbitrage strategies. The Funds began trading operations in August 2004. We have employees with skill sets in areas ranging from, among others, trading, fundamental and legal research, quantitative analysis, and operations and systems. The Funds consist of the following entities: o The domestic feeder fund: Linden Investors LP, a Delaware limited partnership (the “Domestic Fund”); o The international feeder fund: Linden International Ltd, a Bermuda exempted company (the “Offshore Fund”); and o The master fund: Linden Capital L.P., a Bermuda exempted limited partnership (the “Master Fund”). Our feeder funds are required to invest all of their capital (except for amounts set aside for fees, expenses and other costs) into the Master Fund. The principal owner of Linden is Siu Min (Joe) Wong, its Chief Executive Officer and Senior Portfolio Manager. The general partner of Linden is Linden Hld LLC, which is wholly-owned by Mr. Wong. Linden does not have any other principal owners. One of Linden’s affiliates, Linden GP LLC (the “General Partner”), is the general partner of the Domestic Fund and the Master Fund. Mr. Wong is the sole controlling person and an officer of the General Partner. Linden Advisors (HK) Limited (“Linden HK”), a Hong Kong entity which since January 2013 has held a Type 9 (Asset Management) License issued by the Hong Kong Securities and Futures Commission, has served as our subadvisor, providing discretionary trading and research services relating primarily to our Advisory Clients’ Asian and European positions. Linden HK is wholly owned by Linden Advisors (Cayman) Ltd., which is wholly owned by Linden Advisors Management LLC, a Delaware entity principally owned by Mr. Wong. The ultimate ownership of Linden and Linden HK is the same. Linden HK has an office at Suite 1002

10th Floor, ICBC Tower 3 Garden Road, Central Hong Kong. We provide trading and advisory services to two Accounts, each of which is a separate pooled investment vehicle controlled and managed by a third-party manager. Each of the Accounts is a non-U.S. entity. We have broad and flexible investment authority in pursuing the investment programs of our Advisory Clients. The investment objectives and strategies of the Funds are set forth in their respective confidential private offering memoranda. The investment objectives and strategy of the Accounts have been individually negotiated by the holders of the Accounts and are set forth in agreements between us and such Account holders (the “Account Agreements”). We principally invest in our convertible strategy and credit strategy as part of a flexible multi-strategy investment approach. We may also allocate assets to other strategies if we believe doing so will produce superior risk-adjusted returns. Our flexible, multi-strategy investment approach stresses inter-disciplinary cooperation and teamwork and aims to deliver market neutrality, capital preservation and positive risk-adjusted returns. The Funds have a diversified portfolio of more than 200 individual names. Exposure is spread across sectors, regions, maturities and other criteria. The Funds’ policy is, where feasible, to remain equity market neutral and interest rate neutral. With respect to the Funds, we neither tailor our advisory services to the individual needs of investors nor accept investor-imposed investment restrictions. With respect to the Accounts, however, the advisory services which we provide are tailored to the Account holder’s needs, and the details relating to such services are described in the Account Agreements. The strategies which we utilize for the Accounts, while similar to those which we utilize for the Funds, are also different in certain respects. The Accounts have imposed restrictions on investing in certain securities and types of securities. We may establish additional separately managed accounts or other investment vehicles in the future if we think it appropriate for a large or strategic investor. We do not participate in wrap fee programs. As of December 31, 2023, we had approximately $18,764,749,000 in regulatory assets under management, all of which is managed on a discretionary basis.