General Description of the Adviser V3Limited LLC (the “Adviser” or “V3”) is a Delaware limited liability company with offices in Radnor, Pennsylvania and Phoenix, Arizona. V3 commenced operations in November 2013. Tim F. Wray and Todd A. Kellerman are the founders and principal owners of V3 and have ultimate responsibility for the management, operations and investment decisions of V3. Description of Services Provided Sub-Adviser to Other Investment Advisers Investment advisers and family offices may engage V3 as a sub-adviser (“Sub-Advisory Clients”) on a non-discretionary basis. In those instances, the investment advisers or family offices engaging V3 retain their investment advisory relationship with their clients and make the investment decisions on the clients’ behalf. V3 provides regular and continuous investment advice to such Sub-Advisory Clients and their clients related to prospective and existing investments in privately-held operating companies, private investment funds, real estate, or special situations across a range of industries, asset classes and growth stages. V3’s due diligence and analysis of existing and new investment opportunities in operating companies as well as private investment funds may involve direct on-site due diligence of the company’s and/or investment managers operations and management, competitive benchmarking along with the evaluation and potential transaction and structuring oversight and management of such companies and private investment funds. V3 may provide clients purchase recommendations related to prospective investment opportunities as well as recommendations for clients to make additional contributions to existing private investments. V3 may also recommend its clients hold or sell existing private investments. Depending on a client’s agreement, V3 may effect the transaction on behalf of the client. In some instances, V3 may negotiate changes in investment terms related to an existing private investment on behalf of its clients. Investment Manager to a Private Investment Fund V3 serves as the investment manager of the V3 Opportunity Fund I LP (the “Fund”), a private fund organized in Delaware whose General Partner is V3 Opportunity Fund GP LLC (the “General Partner”), an affiliate under common control with V3. V3 does not tailor its advisory services, investment objectives, or strategies for individual Fund investors. The client of V3 is the Fund and not the underlying investors in the Fund. The Fund, as V3’s client, may impose restrictions on V3 with respect to investing in certain types of portfolio companies, but investors in the Fund are not permitted to restrict the Fund’s investments. For more detailed information about the Fund’s investment strategy and restrictions refer to the Fund’s offering memorandum. Investment Adviser to Managed Accounts V3 may

provide advisory services to natural persons or entities that are, at minimum, qualified clients, as the term is defined by the Investment Advisers Act of 1940 (the “Advisers Act”), by establishing a discretionary or non-discretionary separately managed account (each such account a “Managed Account” and each such client a “Managed Account Client”). V3’s investment advisory services are tailored to each client’s unique investment needs. Depending on a client’s investment objectives and/or restrictions, V3 may recommend a client continue to hold an existing investment, sell an existing position, invest in a new investment opportunity or make an additional contribution to existing investments. Depending on a client’s agreement, V3 may effect the transaction on behalf of the client. In certain instances, V3 may negotiate changes in investment terms related to an existing private investment on behalf of its clients. Fee arrangements and terms for each Managed Account are individually negotiated. The types of financial instruments that may be used are outlined in the investment advisory agreement entered into between V3 and each Managed Account Client. Depending on each client’s objectives, risk tolerance and/or restrictions, V3 may recommend other investment advisers to assist Managed Account Clients determine appropriate asset allocation, investment strategies and portfolio construction. Managed Account Clients enter into separate agreements with such investment advisers in addition to their advisory agreement with V3. Special Projects and Consulting V3 may enter into a form of consulting services agreement with operating companies held as investments in the Fund, held by clients of Sub-Advisory Clients or held by Managed Account Clients. V3 may also be engaged by third parties directly to perform consulting services related to their direct private investment programs which may or may not include investments held by Sub-Advisory Clients or Managed Account Clients. The scope of these consulting services may involve strategic planning at the direct investment program level, as well as, private investment fund and operating company level due diligence, restructurings, transactions or operational transitions, or serving as interim management of underlying operating companies or assisting in the realization of special situation or distressed assets or providing investment reporting services. No principal of V3 currently serves as trustee to any clients. However, one principal has been appointed successor trustee, which does not become effective until a certain predefined event occurs. Wrap Fee Programs V3 does not participate in any wrap fee programs. Regulatory Assets under Management As of December 31, 2023, V3 advises $146,353,528 on a non-discretionary basis and $762,043 on a discretionary basis.