Overview of Industry Ventures Industry Ventures, L.L.C. (“Industry Ventures” or the “Firm”) is a Delaware Limited Liability Company organized on August 3, 1999 as an investment firm focused on the venture capital market. Johan D. Swildens is the Chief Executive Officer and principal owner of the Firm. Industry Ventures serves as the investment adviser to a number of pooled investment vehicles (“Funds”), and certain special purpose funds which are typically organized as limited partnerships in the U.S. Each Fund is governed by a limited partnership agreement (each, a “Fund Agreement”) that specifies the specific investment guidelines and investment restrictions applicable to the Fund. In addition, investors in each Fund are provided with offering documents prior to their investment, which also contain information regarding the intended investment program for such Fund. Industry Ventures together with the Affiliated General Partners (as defined below) provide investment management and administrative services to the Funds in accordance with the applicable Fund Agreements and offering materials. Each Affiliated General Partner retains management authority over the business and affairs, including investment decisions, of the Funds for which it serves as general partner. Affiliates of Industry Ventures serve as the general partners of the Funds (the “Affiliated General Partners”). Each of the Affiliated General Partners is a related person of Industry Ventures and is under common control with Industry Ventures. Please refer to Item 10 for additional information about the Affiliated General Partners. Advisory Services Industry Ventures has broad and flexible investment authority with respect to the Funds. Industry Ventures currently makes investments primarily through four distinct investment programs: (1) a secondary investment family of funds (the “Secondary Funds”); (2) a hybrid fund-of-funds family of funds (“Hybrid FOF” also referred to as “Partnership Holdings Fund”); (3) co-investment funds (the “Direct Funds”); and (4) venture buyout funds ( the “Tech Buyout Funds”). The adviser currently advises ten (10) Secondary Funds, eleven (11) Hybrid FOFs, four (4) Direct Funds and (2) two Tech Buyout Funds, and their respective co-investment vehicles or special purpose vehicles. The only advisory clients of Industry Ventures are the Funds. Industry Ventures’

Funds invest primarily in equity and equity-related securities issued by venture capital stage operating companies and in interests in venture capital funds. In addition, Industry Ventures may invest a portion of each Fund’s assets in other investment transactions that it deems appropriate, pursuant to the Fund’s partnership or other account agreement. Industry Ventures also invests Fund assets in cash and cash equivalent securities on a short-term basis. The limited partners of or other investors in the Funds (“Limited Partners”) have no opportunity to select or evaluate any Fund investments or strategies. Industry Ventures has complete discretion to manage the investment program of each Fund, subject to the investment guidelines and restrictions set forth in the investment management agreement between Industry Ventures and each of the Funds. Investment advice is provided directly to the Funds and not individually to the Limited Partners of the Funds. Industry Ventures does not tailor its advisory services to the individual needs of Limited Partners in the Funds. The investors in each Fund are able to negotiate the terms of the applicable Fund Agreement in connection with their investments in such Fund. In certain cases, the Affiliated General Partners may, and have, entered into side letter agreements with certain investors in the Funds (“Side Letters”) establishing rights under, or supplementing or altering the terms of, the applicable Fund Agreement. Such Side Letters cover many different topics, including without limitation: “most favored nation” rights; modified notice or reporting requirements; compliance with certain ERISA requirements; minimum insurance coverage; confidentiality; co-investment opportunities; transfers; the right to receive certain special allocations; and certain other matters relating to an investment in the Fund(s). Industry Ventures tracks all Side Letters that have been entered into with respect to each Fund to ensure that no investors are disadvantaged by the triggering of one or more provisions of a Side Letter. Once invested in a Fund, investors generally cannot impose additional investment guidelines or restrictions on such Fund. Assets Under Management As of March 28, 2024, Industry Ventures manages regulatory assets under management (as defined by the SEC) of approximately $7,525,003,505 on a discretionary basis.