Intrepid Investment Management, LLC is a Delaware limited liability company, (“Intrepid” or “Advisor”) which has been in business since 2015. Intrepid is 100% owned by Intrepid Financial Partners, L.L.C., (“Intrepid Financial Partners”), an independent merchant bank that specializes in energy sector transactions. Intrepid Financial Partners also owns 100% of Intrepid Partners, LLC (“Intrepid Partners” or “Advisory Business”), an affiliated SEC registered broker-dealer. The Advisor provides discretionary investment advice pursuant to the terms of investment advisory agreements to Intrepid Private Equity Fund II, L.P., a Delaware limited partnership (“Fund II”), Intrepid Private Equity Fund I, L.P., a Delaware limited partnership (“Fund I” and together with Fund II, the “Main Funds”), Intrepid Private Equity SPV-A, L.P., a Delaware limited partnership (“SPV-A”), Intrepid Private Equity SPV-NMP, L.P., a Delaware limited partnership (“SPV- NMP”), and Intrepid Venture I, L.P., a Delaware limited partnership (“InVenture” and together with the Main Funds, SPV-A, and SPV-NMP, the “Funds”). Intrepid Private Equity Fund II GP, LLC, a Delaware limited liability company, (the “Fund II General Partner") acts as general partner of Fund II; Intrepid Private Equity Fund GP, LLC, a Delaware limited liability company, (the “General Partner”) acts as general partner of Fund I, SPV-A, and SPV-NMP; Intrepid Venture GP, LLC, a Delaware limited liability company ( “InVenture GP” and together with the Fund II General Partner and the General Partner, the “General Partners”) acts as general partner of InVenture. Unless and only to the extent that the context otherwise requires, references to “Intrepid” include the General Partners. Fund II's investment objective is to make private investments primarily in Energy companies operating in the following sectors: (i) Upstream, (ii) Midstream and (iii) Energy Transition. Fund I’s investment objective to make privately-negotiated investments in energy-related companies (generally referred to herein as “portfolio companies”) based primarily in North America. SPV-A will generally make investments alongside the Fund I. Investments will primarily be in equity, equity-related, debt-related, and hybrid securities (i.e., preferred securities,

debt and equity instruments convertible into debt and/or equity instruments). SPV-NMP was organized for the purpose of investing alongside the Fund I in a current investment of the Fund I and SPV-A. InVenture’s investment objective is to realize long-term appreciation primarily from venture capital investments in energy transition and sustainability companies. In providing investment advisory services to the Funds, the Advisor tailors its services to the Funds’ investment objectives, and investigates, originates, recommends, and structures investment opportunities for the Funds. Once investments are made, the Advisor will monitor and evaluate the investments and make recommendations regarding the timing and manner in which an investment should be sold. Investment advice is provided directly to the Funds according to their particular investment objectives. Investors in the Funds participate in the overall investment program for the applicable fund, but certain investors in the Funds may be excused or excluded from particular investments due to legal, regulatory, written investment policy or other applicable constraints as described in the limited partnership agreements of the Funds. The Funds, the General Partners or the Advisor may enter into side letters or similar agreements (“Side Letters”) with certain investors in connection with their admission to the Funds without the approval of any other investor, and which have the effect of establishing rights under or altering or supplementing the terms of the Funds’ respective Governing Documents with respect to such investors in a manner more favorable to such investors than those applicable to other investors in the Funds. Page 4 03/27/2024 8:01 PM03/27/2024 8:00 PM Interests in the Funds are not registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and the Funds are not registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”). Accordingly, interests in the Funds are offered and sold exclusively to investors satisfying the applicable eligibility and suitability requirements of private transactions within the United States. The Advisor manages assets on a discretionary basis in the amount of $257,390,000 as of March 31, 2024.