A. General Description of Advisory Firm 1. Voce Capital Management LLC Voce Capital Management LLC (“VCM”) is a California limited liability company that was formed in October 2010. VCM only has one office, which is located in San Francisco, California. The sole managing member of VCM is Voce Capital LLC, a Delaware limited liability company, which, as further described below, also serves as the general partner of certain Funds (defined below). Voce Capital LLC is controlled by VCM’s chief investment officer and principal owner, J. Daniel Plants (the “Principal Owner”), who is the sole managing member of the Voce Capital LLC. 2. Voce Capital LLC and Voce Forte GP LLC Voce Capital LLC and Voce Forte GP LLC, affiliates of VCM, serve as the general partners of certain Funds (the “General Partners”). B. Description of Advisory Services This Brochure generally includes information about VCM and our relationships with our clients. While much of this Brochure applies to all such clients, certain information included herein applies to specific clients only. 1. Advisory Services VCM serves as the investment adviser, with discretionary trading authority, to private pooled investment vehicles, the securities of which are offered to investors on a private placement basis (each, a “Fund” and collectively, the “Funds”). The Funds include:  Voce Catalyst Partners LP, a Delaware limited partnership (“Voce Catalyst”);  Voce Solo LP, a Delaware limited partnership (“Voce Solo”);  Voce Forte LP II, a Delaware Series limited Partnership (“Voce Forte II”); and  Voce Forte Offshore LP, a Cayman Islands limited partnership (“Voce Forte Offshore”). Voce Capital LLC serves as the general partner of Voce Catalyst and Voce Solo. Voce Forte GP LLC serves as the general partner of Voce Forte II, and Voce Forte Offshore. This Brochure does not constitute an offer to sell or solicitation of an offer to buy any securities. The securities of the Funds are offered and sold on a private placement basis under exemptions promulgated under the Securities Act of 1933 and other applicable state, federal or non-U.S. laws. Significant suitability requirements apply to prospective investors in the Funds, including requirements that they be “accredited investors” as defined in Regulation D, “qualified purchasers” as defined in the Investment Company Act, or non-”U.S. Persons” as defined in Regulation S. Persons reviewing this Brochure should not construe this as an offer to sell or a solicitation of an offer to buy the securities of any of the Funds described herein. Any such offer or solicitation will be made only by means of a confidential private placement memorandum. MANAGED ACCOUNTS In addition, VCM may in the future serve as an investment adviser with discretionary trading authority over, and may also provide discretionary advisory services to, separately managed accounts (the “Managed Accounts”). As used herein, the term “client” generally refers to each Fund and each beneficial owner

of a Managed Account (to the extent that VCM advises Managed Accounts in the future). 2. Investment Strategies and Types of Investments VCM’s investment objective is to achieve long-term capital appreciation by generating positive, absolute rates of return over intermediate periods of time. VCM will pursue this objective by taking significant, actively managed equity positions in publicly-traded U.S. companies that it believes are undervalued (or in the case of short investments, overvalued) or whose market valuation does not reflect its intrinsic value or true potential (each such position, a “Portfolio Investment”). VCM invests with a fundamental, value-oriented approach and focuses primarily on small capitalization companies (generally between U.S. $250 million and U.S. $6.5 billion in equity market capitalization). VCM believes that companies of this size often display common inefficiencies in their trading, capital allocation, strategies, management and corporate governance. The Funds will invest in companies where VCM believes the catalyst to address such issues is identified and actionable. VCM believes that companies impacted by such issues can present attractive investment opportunities. The descriptions set forth in this Brochure of specific advisory services that we offer to our clients, and investment strategies pursued and investments made by us on behalf of our clients, should not be understood to limit in any way our investment activities. We may offer any advisory services, engage in any investment strategy and make any investment, including any not described in this Brochure, that we consider appropriate, subject to each client’s investment objectives and guidelines. The investment strategies we pursue are speculative and entail substantial risks. The Funds should be prepared to bear a substantial loss of capital. There can be no assurance that the investment objectives of any client will be achieved. C. Availability of Customized Services for Individual Clients VCM’s investment decisions and advice with respect to each Fund will be subject to each Fund’s investment objectives and guidelines, as set forth in its respective offering documents. If in the future we determine to offer Managed Accounts, the investment objectives and guidelines of the Managed Accounts would be determined in conjunction with the applicable client. VCM, in its role as investment adviser to the Funds, and/or the General Partners, in its role as the general partners of certain Funds that are partnerships, has in the past and may from time to time in the future agree to supplements, clarifications, or variations of the terms of a Fund’s offering, subscription, or organizational documents in “side letters” or similar agreements. D. Wrap Fee Programs VCM does not currently participate in any Wrap Fee Programs. E. Assets Under Management VCM manages, on a discretionary basis, approximately $204,488,670 of client assets, determined as of December 31, 2022.