A. General Description of Advisory Firm Redwheel is a Delaware limited liability company formed on November 5, 2012. Redwheel is an investment adviser with a principal place of business in Miami, Florida. The Firm’s principal owner is RWC Partners (US) LLC, which is owned by RWC Partners Limited (“RWC Partners”). RWC Partners is wholly owned by RWC Midco Limited (“RWC Midco”) and RWC Midco is fully owned by RWC Holdings Limited (“RWC Holdings Ltd”). RWC Holdings Ltd is substantially owned by its staff (former and present, directly or via an employee benefit trust) with LPC Pinetree LLC retaining the remainder of the ownership. B. Description of Advisory Services Redwheel primarily provides investment advisory services to pooled investment vehicles (collectively referred to herein as the “Funds” and individually a “Fund”) on a discretionary basis. These Funds rely on an exemption from registration under Section 3(c)(7) of the Investment Company Act of 1940, as amended (“Investment Company Act”). Redwheel also provides discretionary and non-discretionary investment advisory services to separately managed accounts (“Managed Accounts”). Redwheel also serves as the investment adviser to the Redwheel Global Emerging Equity Fund (“40 Act Fund”) a mutual fund registered with the Investment Company Act (collectively, the Funds, Managed Accounts, and the 40 Act Fund will be referred to herein as “Clients”). Redwheel generally has broad and

flexible investment authority with respect to certain of its Clients. The Firm may employ various strategies and can invest or trade in a wide variety of financial instruments, including, but not limited to: equities, currencies, commodities, fixed income, warrants, rights, options, swaps, preferred stocks, convertible securities and money market obligations, amongst others. C. Tailored Advisory Services Generally, the Firm does not expect to tailor its advisory services to the individual or particular needs of investors in the Funds. Such investors will accept the terms of advisory services as set forth in each Fund’s governing documents. The Firm expects to have broad investment authority with respect to the Funds and, as such, investors should consider whether the investment objectives of the Funds will be in line with their individual objectives and risk tolerance prior to investment. Redwheel may tailor its advisory services to the individual needs of its Managed Accounts by negotiating the terms of its advisory contracts. Managed Accounts may also be tailored for legal, regulatory or tax purposes. Each investment management agreement and related account documentation for a Managed Account will specify the particular investment program and any related investment restrictions. D. Wrap Fee Programs Redwheel does not participate in wrap fee programs. E. Assets Under Management As of December 31, 2023, Redwheel had assets under management of $ 7,571,088,851.