Delegate Advisors, LLC Delegate Advisors, LLC (“Delegate Advisors”) is a Delaware Limited Liability Company registered as an investment adviser with the SEC. Delegate Advisors commenced operations on January 12, 2012. Delegate Advisors headquarters are located in Chapel Hill, North Carolina. No single investor owns 25% or more of Delegate Advisors. Types of Advisory Services Offered Delegate Advisors provides multi-family office and Outsourced Chief Investment Officer (“Outsourced CIO”) services to support its clients and to provide investment solutions primarily to high net worth individuals and families as well as entities such as companies, trusts, endowments, and foundations associated with Delegate Advisors’ high net worth or family clients. Delegate Advisors provides general advisory services as well as family office services. General advisory services include: a selection of “Investment Options,” defined below; management and oversight; investment services; tax strategy; estate planning; pension advice; and insurance and asset protection planning. Family office services may include treasury management, performance reporting, bookkeeping, family education, charitable counseling and property and casualty risk review. Delegate Advisors Investment Management Team (“Investment Team”) is responsible for developing investment strategies and selecting investment options that are suitable for clients and tailored to their needs based on each client’s Investment Policy Statement. Clients may impose restrictions on investing in certain securities or types of securities. Additionally, Delegate Advisors provides investment advisory and research services to a privately offered pooled investment vehicle, the Flexible Credit Fund, LP (the “Flex Credit Fund” or the “Partnership”) that invests in other privately offered pooled investment vehicles. Flexible Credit Fund GP, LLC (or the “General Partner”), a Delaware limited liability company serves as the general partner of the Flex Credit Fund. Delegate Advisors provides investment advice directly to the Flex Credit Fund and not individually to the limited partners of the Partnership. Delegate Advisors manages the assets of the Flex Credit Fund in accordance with the terms of its governing documents. Overview of Advisory Services Delegate Advisors provides an outsourced CIO model to clients in evaluating and selecting investment managers and/or pooled investments (collectively, “Investment Options”) for client accounts. Operating as a traditional “manager-of-managers,” Delegate

Advisors provides non-discretionary investment advice to clients regarding their accounts and investment options based on discussions and agreements with clients concerning (among other considerations) risk tolerance and goals for returns, liquidity needs, limitations on investments and concentration, tax management, and costs. Delegate Advisors may make recommendations to clients concerning these or other matters in order to achieve client objectives, take advantage of market opportunities, or protect against risks. In accordance with the client’s overall goals, investment strategy, and risk tolerance, separate accounts are generally expected to hold, without limitation, equity securities, fixed income securities, limited partnerships, mutual funds, exchange-traded funds, commodity futures, options, swaps and other derivatives, hedge funds, private equity funds and investments, venture capital funds and investments, and other alternative investments. Accounts may also hold equity securities, fixed income securities, currencies, commodities, commodity futures, and options, swaps and other derivatives either selected by Delegate Advisors or by a sub-adviser retained by Delegate Advisors, through a managed account on the client’s behalf. Personal and Family Financial Planning. Delegate Advisors provides general financial planning services to clients, including assisting in formulating financial and investment goals, retirement planning, estate planning, insurance planning, asset protection planning, and tax planning. Delegate Advisors, LLC | Form ADV, Part 2A 5 Family Office Services. Delegate Advisors provides an array of administrative services to high net worth individuals and their families, including treasury management, bookkeeping, and performance reporting. Delegate Advisors also provides services such as property & casualty risk review, family education, and charitable counseling. Wrap Fee Programs Delegate Advisors does not participate in wrap fee programs. Assets Under Management Delegate Advisors Regulatory Assets Under Management (“RAUM”) total approximately $ 1,032,235,244 as of December 31, 2023. This includes assets Delegate Advisors manages on a discretionary basis of approximately $ 252,287,493. As of December 31, 2023, Delegate Advisors had Assets Under Advisement (“AUA”) totaling approximately $ 1,519,154,443. These are client assets that include RAUM and that Delegate Advisors oversees as part of its overall investment advisory services. Delegate Advisors, LLC | Form ADV, Part 2A 6