Advisory Business and Principal Owners Commonwealth Asset Management LP is a Delaware limited partnership formed on January 29, 2019. CWAM provides investment management services to private funds and pooled investment vehicles, special purpose vehicles, single investor investment vehicles, and separately managed accounts, primarily focused on real estate and illiquid assets, as further described herein. Commonwealth Asset Management Holdings LLC, a Delaware limited liability company formed on June 17, 2019, is the general partner and majority owner of CWAM. The Firm is led by its indirect majority principal owner, Mr. Adam B. Fisher. Mr. Fisher is the former Head of Global Macro and Real Estate at Soros Fund Management LLC and former Founder and Chief Investment Officer of Commonwealth Opportunity Capital, GP LLC. In addition to Mr. Fisher’s indirect majority ownership of the Firm, BHUS Holdings LLC (“BHUS”), a Delaware limited liability company, indirectly owns an interest in the Firm. BHUS is indirectly owned by Brevan Howard Capital Management, LP (“Brevan Howard”). Types of Advisory Services Offered CWAM provides investment and/or asset management services to private funds and pooled investment vehicles, special purpose vehicles, single investor investment vehicles, separately managed accounts focused on illiquid investments and real estate-focused joint venture partnerships special purpose vehicles, and other investment vehicles, (each a “Client, together and herein referred to as “Clients”) Certain of these vehicles are focused on the acquisition, financing, and development of opportunistic real estate assets, the acquisition or formation of real estate operating platforms, and other illiquid real estate investments (the “Real Estate Strategy”). On March 26, 2024, CWAM engaged in a corporate restructuring to directly advise the following Real Estate Strategy advisory clients which were previously managed by an affiliate: BGP Aggregator LP, CWRE ARS Investor LLC, and CWRE BTI MX Bridge Lender LLC. The asset values listed for those entities are as of December 31, 2023, but they were advised by CWAM as of March 26, 2024. CWAM’s advisory services are offered on a discretionary and non-discretionary basis. Client Investment Guidelines and Parameters Each Client managed by CWAM has its

own investment objectives, strategies, and restrictions as described in the applicable governing documents, which contain detailed information, including a description of the investment objectives, strategy or strategies employed, and related restrictions. The governing documents include but are not limited to private placement memorandum, offering memoranda, partnership agreements, operating agreements, subscription agreements, investment management agreements, side letters, or sub-advisory agreements, each as applicable. Private funds and pooled investment vehicles are not tailored to meet the individualized investment needs of any particular investor. An investment in a private fund does not create a client-adviser relationship between CWAM and an underlying investor. CWAM has established, and may establish, single investor investment vehicles and funds of one or managed accounts that tailor the investment objectives, strategies, guidelines, restrictions, terms and/or fees, which are individually negotiated and are different from those of the private funds and pooled investment vehicles. Current and prospective investors must consider whether a particular private fund or advisory relationship is appropriate to their own circumstances based on all relevant factors including, but not limited to, the investor’s investment objectives, risk tolerance, liquidity requirements, tax considerations, and certain other investor-specific factors. CWAM provides asset management and related services to real estate-focused joint venture partnerships, special purpose vehicles, and conduit investment vehicles, the purpose, terms, objectives, strategies, governance rights, and related restrictions and provisions of which are described in the applicable governing documents, specifically the partnership agreements, operating agreements, investment management agreements, purchase and related agreements for the particular transaction or series of transactions, each of which is highly negotiated with the joint venture partners and investors, as applicable. Wrap Fee Programs The Firm does not participate in wrap fee programs. Assets Under Management As of December 31, 2023, the Firm manages $911,574,579 in assets under management. CWAM manages $911,574,579 in assets on a discretionary basis and $0 on a non-discretionary basis.