Firm Description Prescott is a Texas limited liability company that was formed on June 21, 2013, for the purpose of providing discretionary investment advisory services to affiliated (sponsored) private pooled investment vehicles. Prescott’s investment advisory services are provided in accordance with the investment objectives and guidelines set forth in the applicable governing, offering and/or account documents, and the information in this Brochure is qualified in its entirety by the information set forth in such documents. Prescott and its affiliates are headquartered in Dallas, Texas. The primary principal owners are Messrs. Judson L. (“Jud”) Pankey, as Managing Principal and Vance E. Detwiler, as President (each a principal, the “Principals”). Prescott does not act as a general partner of any of its affiliated pooled investment vehicles. Instead, certain Prescott’s affiliates, including Prescott Strategies Fund I GP LLC, PSF I 5959 Corporate GP, PSF I Jax Metro GP, LLC and Prescott Strategies Fund II GP, LLC, serve as general partners to one or more of the pooled investment vehicles and have delegated exclusive investment advisory and other authority with respect to such pooled investment vehicles to Prescott (each a “General Partner” and collectively, the “General Partners”). Additionally, certain employees of Prescott are also employees of Prescott’s affiliates, Prescott Realty Group, Inc. and Dyck-O’Neal, Inc. These relationships are reviewed for potential conflicts of interest and supervised as necessary. See Item 10 – Other Financial Industry Activities and Affiliations of this Brochure for more information. Advisory Services As stated above, Prescott currently provides discretionary investment advisory services to affiliated (sponsored) privately offered pooled investment vehicles, the Prescott Strategies Fund I, LP and Prescott Strategies Fund II, LP (together with any related alternative or special purpose vehicles, the “Funds”), which is exempt from registration under the Investment Company Act of 1940, as amended and whose securities are not registered under the Securities Act of 1933, as amended. Additionally, Prescott provides discretionary investment advisory services to certain single investment co-investment vehicles, which are established in connection with the Fund’s investments (each a “Co-Invest Fund” and, together with each Fund, the “Funds” or “Clients”). Prescott will primarily pursue real estate and real estate related investments for Funds in the following categories: real estate loans and debt instruments; real estate partnership recapitalizations, with a focus on tenant-in-common arrangements (“TICs”) and Delaware Statutory Trusts (“DSTs”); and strategic development and redevelopment. Prescott believes this approach creates the opportunity for Funds to deploy through all seasons of the real estate cycle. The type of Funds to which Prescott provides investment management services is more fully disclosed in Prescott’s Form ADV Part 1 and summarized in Item 7 – Types of Clients of this Brochure. In addition, Prescott’s investment philosophy, context and process, including portfolio construction are more fully disclosed in Item 8 – Methods

of Analysis, Investment Strategies and Risk of Loss of this Brochure. Pursuant to an investment management agreement or other similar governing agreement (the “Management Agreement”), each Fund’s respective General Partner has engaged Prescott to provide origination, acquisition, asset management, and other administrative services to each respective Fund in accordance with each Fund’s respective private placement memorandum, limited partnership agreement or other similar disclosure and governing documents (collectively, the “governing documents”). Prescott’s investment advisory services consist of, but are not limited to, managing each Fund’s portfolio of investments, including sourcing, selecting, and determining investments in each Fund, monitoring investments by each Fund and executing transactions on behalf of each Fund in accordance with the investment objectives, policies and guidelines set forth in each respective Fund’s governing documents. Accordingly, Prescott’s investment advisory services to the Funds are not tailored to the individualized needs or objectives of any particular Fund investor. An investment in a Fund by an investor does not, in and of itself, create an advisory relationship between the investor and Prescott. Investors are not permitted to impose restrictions or limitations on the management of any Fund. The General Partner of a Fund may enter into side letter agreements or arrangements with one or more investors in a Fund that alter, modify or change the terms of the interests held by such investors. Information about each Fund, and the particular investment objectives, strategies, restrictions, guidelines and risks associated with an investment, is described in each respective Fund’s governing documents, which are made available to investors only through Prescott or another authorized party. Since Prescott does not provide individualized advice to investors (and an investment in a Fund does not, in and of itself, create an advisory relationship between the investor and Prescott), investors must consider whether a particular Fund meets their investment objectives and risk tolerance prior to investing. ALL DISCUSSION OF THE FUND IN THIS BROCHURE, INCLUDING BUT NOT LIMITED TO ITS INVESTMENTS, THE STRATEGIES USED IN MANAGING THE FUND, AND CONFLICTS OF INTEREST FACED BY PRESCOTT IN CONNECTION WITH THE MANAGEMENT OF THE FUND ARE QUALIFIED IN THEIR ENTIRETY BY REFERENCE TO THE FUND’S GOVERNING DOCUMENTS. Wrap Fee Programs Prescott does not participate in or sponsor any wrap fee programs. Assets Under Management As of December 31, 2023, Prescott managed $234,099,775 of advisory assets, of which all were on a discretionary basis, and none were on a non-discretionary basis. The SEC has adopted a uniform method for advisers to calculate assets under management for regulatory purposes which it refers to as an adviser’s “regulatory assets under management.” Regulatory assets under management are generally an adviser’s gross assets, i.e., assets under management without deduction for outstanding indebtedness or other accrued but unpaid liabilities. Prescott reports its regulatory assets under management in Item 5 of Part 1 of Form ADV which you can find at www.adviserinfo.sec.gov.