A. Description of the Advisory Firm North Castle Partners, LLC is a Delaware limited liability company that is sometimes referred to as “North Castle” or “NCP” in this Firm Brochure. North Castle was organized on May 2, 1997 and is an investment advisory firm headquartered in Greenwich, Connecticut. North Castle’s main business is to provide advisory services for the investment of private equity capital primarily by private funds affiliated with North Castle (the “NCP Funds”). The NCP Funds are our advisory clients; therefore, all references and discussions in this Firm Brochure to “clients” mean and refer to the NCP Funds. The NCP Funds are generally formed as Delaware limited partnerships in which investors are the limited partners and an affiliate of North Castle serves as the general partner. The limited partners of the NCP Funds are qualified investors. Investors or limited partners of the NCP Funds are not our advisory clients and are referred to in this Firm Brochure as “investors” or “limited partners.” North Castle clients, the NCP Funds, are generally pooled investment vehicles (“Pooled Fund”) each of which invest in either a single investment or a portfolio of multiple companies. The NCP Funds may invest directly, through a blocker corporation, or through or alongside of special purpose vehicles (“SPVs”) formed by North Castle. In some cases, SPVs are established for the purpose of acquiring securities. The SPVs are sometimes referred to as co-investment funds and typically invest in one portfolio company alongside a Pooled Fund that invests in the same portfolio company. Co-investment opportunities, either through direct interests in the portfolio company or through limited partnership interests in SPVs, may be offered to the limited partners of the NCP Funds as well as third party investors, including employees and other designees of North Castle (“Co-investors”). Co-investment opportunities are discussed in more detail in Item 7. The NCP Funds generally make control investments in small cap consumer companies within the healthy, active, and sustainable living (“Healthy Living”) sectors. The firm was founded by Charles F. Baird, Jr. Charles F. Baird, Jr., Jonathan Canarick and Alison Minter are the principal owners and managers. B. Types of Advisory Services North Castle provides investment supervisory services to the NCP Funds pursuant to separate management agreements, or documented delegation of duties, between North Castle and each NCP Fund in which the general partner of the Fund delegates certain duties to North Castle to the extent permitted under the NCP Funds’ partnership agreements and stated investment strategy as detailed in Item 4C. North Castle’s

services are considered investment supervisory services because we give continuous advice based on the individual needs of each of our clients. Our services to the NCP Funds include screening and evaluating investment proposals including proactively identifying emerging trends and market dynamics and targeting attractive companies in a given segment; evaluating investment proposals including a detailed due diligence process, including but not limited to management meetings, risk and opportunity assessments of the company and industry as well as financial and business analyses, engaging consultants to supplement due diligence efforts in the areas of legal, tax, insurance, accounting and consumer research; submitting such proposals to the NCP Funds; assisting the general partner in negotiating and finalizing transactions in which the NCP Funds have made a decision to invest; and monitoring the management and operations of such portfolio companies once an investment is made. North Castle supervises the entire investment process for its Clients, the Pooled Funds, and makes recommendations to buy, hold and sell investments. However, we do not make the final investment decisions. In other words, we do not have investment discretion. The ultimate responsibility for managing and conducting the activities of each NCP Fund rests with the general partner of the particular NCP Fund, and all final decisions relating to the selection and disposition of investments are made exclusively by the general partner of each NCP Fund. C. Client Tailored Services and Client Imposed Restrictions North Castle services are designed to achieve the investment objective of each of the NCP Funds to realize capital gains primarily from equity investments in “healthy, active and sustainable living” companies. NCP will only make investment recommendations that are consistent with the stated objectives, strategy and investment guidelines of the particular NCP Fund as set forth in the applicable NCP Fund’s private placement memorandum, limited partnership agreements and applicable side letters with limited partners, if any. D. Wrap Fee Programs A wrap fee program is an investment program where the investor pays one stated fee that includes management fees, transaction costs, fund expenses, and any other administrative fees. North Castle does not participate in any wrap fee programs. E. Amounts Under Management NCP has the following assets under management: Discretionary Amounts: Non-discretionary Amounts: Date Calculated: $1,638,353,029 12/31/2023 AUM includes the estimated fair market value of the assets, cash on hand, and remaining capital commitments of the NCP Funds, our clients.