Firm Overview Lantern Capital Partners, L.P. (“LCP”), a Texas limited partnership and private equity firm, was established in 2014. Lantern Asset Management, L.P. (“LAM” and, together with LCP, “Lantern”), a Delaware limited partnership and asset management firm, was formed in 2010. Lantern provides investment advisory, management and various other services with respect to private equity funds and other pooled investment vehicles. LAM, Lantern Management Partners, LLC (“LMP”) and certain other affiliates of LCP (including the GP, as defined below) (collectively, “Relying Advisers”) rely or may rely on LCP’s registration instead of separately registering as investment advisers and are together filing a single umbrella registration with the Securities and Exchange Commission (the “SEC”) under the Investment Advisers Act of 1940, as amended (the “Advisers Act”). LCP, LAM and each other applicable Relying Adviser are or will be under common control and are or will be subject to a unified compliance program administered by a single Chief Compliance Officer. Each relying adviser is listed on Schedule R of LCP’s Form ADV Part 1. References throughout this Brochure to Lantern include LCP, LAM and each applicable Relying Adviser, as appropriate. See Item 10. Principal Owner The general partner of LCP and LAM is ultimately owned and controlled by L. Andy Mitchell, and the limited partner of LCP actively involved with LCP and LAM is Mr. Mitchell (the “Principal”). The majority limited partner of LAM is LCP. LMP is ultimately owned and controlled by Mr. Mitchell. For more information regarding the ownership of Lantern, please see Schedules A and B of Part 1 of Form ADV. Types of Advisory Services Lantern serves as investment manager to various affiliated private equity funds, including Lantern Capital Partners Fund I (A), L.P., a Delaware limited partnership (“LCPF I A”), Lantern Capital Partners Fund I (E), L.P., a Delaware limited partnership (“LCPF I E”), LCPF I SLP (A), L.P., a Delaware limited partnership (“SLP A”), and LCPF I SLP (E), L.P., a Delaware limited partnership (“SLP E”). LCPF I Holdings (A), L.P., a Delaware limited partnership (“Holdings A”) and LCPF I Holdings (E), L.P., a Delaware limited partnership (“Holdings E”), together with Holdings A, LCPF I A, LCPF I E, SLP A, and SLP E are referred to herein as “LCPF I”. Lantern also serves as investment manager to a co-investment vehicle named Lantern Entertainment Holdings LLC (“LEH”), a Delaware limited liability company, (which together with LCPF I are the “Lantern Funds”). Lantern may in the future serve as investment manager to one or more additional affiliated private equity funds. LCPF I A, LCPF I E, SLP A, and SLP E invest or will invest substantially all of their respective assets, directly or indirectly, in Holdings A and Holdings E and all investments for LCPF I are and will be made by Holdings A and Holdings E. LCP I GP, LLC, an affiliate of LCP, serves as general partner (“GP”) to LCPF I. LEH invests substantially all its assets in a single portfolio company. LCP has entered into a services agreement with LAM, pursuant to which LAM and various professionals associated therewith provide various services in connection with the diligence, underwriting and monitoring of investments of LCPF I and other Lantern Funds. LAM will or may also provide, among other things, origination, underwriting and asset management services to Portfolio Company (as defined below) investments of LCPF I and other Lantern Funds. Lantern

or an affiliate serves, or may in the future serve, as the general partner or managing member to single-purpose acquisition vehicles established for the purpose of acquiring private equity investments, which are generally referred to as “Portfolio Companies”. To the extent there are third party co-investors in such acquisition vehicles, in addition to Lantern, an affiliate thereof, or a Lantern Fund, the vehicle is or may be an advisory client of Lantern (“Acquisition Vehicles”), including, but not limited to, Bluejack Holdings, LLC (“Bluejack”), and LEH. In addition to the Lantern Funds and Acquisition Vehicles, Lantern also may in the future provide investment advisory and other services with respect to one or more other advisory clients. Separate and apart from the advisory services provided in respect of the Lantern Funds and other advisory clients, LAM, LMP or an affiliate also serve and may serve as an asset manager with respect to certain other investments or entities. LAM and LMP do not provide any investment advisory services with respect to any of these investments and they are not advisory clients of Lantern. Regulatory Assets under Management As of December 31, 2022, Lantern had approximately $262 million in discretionary regulatory assets under management and $76 million in non-discretionary regulatory assets under management (as reflected in Item 5.F.(2) of Part 1A of Lantern’s Form ADV). Investment Mandates The Lantern Funds and other clients generally are managed in accordance with the investment objectives, strategies and guidelines set forth in the applicable confidential offering memorandum, organizational and governing documents and/or other related documents (collectively, the “Governing Documents”). Lantern provides or will provide investment advice to its advisory clients in accordance with the investment objectives, strategies, guidelines, restrictions and limitations described in the applicable Governing Documents, and the information in this Brochure is qualified in its entirety by the information set forth in such documents. Investors generally are not permitted to impose restrictions or limitations on the management of the Lantern Funds or other clients. Notwithstanding the foregoing, the initial investor in LCPF I has certain preferential economic and non- economic rights and terms with respect to LCPF I and Lantern (including, without limitation, certain consent, notification, transparency, information and other preferential rights and terms). The initial investor and its affiliates are not sponsors or promoters of LCPF I, do not owe any fiduciary duties or other special duties or obligations to LCPF I or any of the other investors and may have interests that conflict with LCPF I and the other investors. See Item 10. The GP, Lantern or an affiliate thereof has entered into and may in the future enter into side letter agreements or arrangements with one or more investors in the Lantern Funds (or other clients) that have the effect of establishing rights under, or altering, modifying, waiving or supplementing the terms of, the governing documents of the applicable Lantern Fund in respect of such investors. Among other things, these agreements entitle or may entitle an investor in a Lantern Fund or other client to lower fees, information or transparency rights, most favored nations’ status, notification rights or other preferential rights and terms. Information about each Lantern Fund and other advisory client is set forth in its Governing Documents, which are available to current and eligible prospective investors only through Lantern.