The primary business of New Mountain Credit CLO Advisers, L.L.C. (“NMCLO” or “New Mountain”) is to act as the collateral manager to issuers of collateralized loan obligations backed by debt obligations and similar assets (including short-term and long-term warehouse credit or repurchase agreement facilities entered into to finance the preliminary accumulation and “ramp- up” of assets comprising the initial pool of collateral securing any such issuer, as well as other warehouse, repurchase or other credit facilities and/or special purpose vehicles, all of which are collectively referred to herein as “CLOs”). NMCLO was organized in 2019 and is registered with the U.S. Securities and Exchange Commission (“SEC”) as an investment adviser under the Investment Advisers Act of 1940, as amended (“Advisers Act”). Each CLO is described and governed by a variety of documents, including: offering circular; collateral management agreement; indenture; account agreement; note purchase or placement agreement; subscription agreements; and other transaction documents (collectively, the “Governing Documents”), that describe the roles of various persons involved in the CLO, establish NMCLO’s authority to manage the CLO and the limits on that authority and set forth detailed eligibility criteria, specifications and requirements regarding the types of investments and describes the overall composition of the CLO’s portfolio (including by imposing, diversification, ratings and concentration tests). While, in many cases, certain prospective investors in the CLO Securities (as defined in Item 7, below) will influence the investment criteria, guidelines, and other terms set forth in the final Governing Documents for the CLO, it is generally the case that NMCLO’s investment advice will be limited to managing loans. Investment management services are provided directly to CLOs and not individually to investors in CLOs. NMCLO, a Delaware Series Limited Liability Company, has established multiple separate series (each a “Series”) through which it conducts the following activities:

(i) collateral management services for CLOs (the “Management Series”); (ii) EU risk retention “origination” activities including, but not limited to, holding loans on its own account as an “originator” for purposes of the EU Securitization Laws (as defined in Item 11, below) (an “Originator Series”); and (iii) owning investments in the CLOs of which NMCLO is collateral manager including but not limited to EU Retention Interests and the Preferred Return Notes and Performance Notes (each as defined in Item 11, below) issued by each CLO in respect of which NMCLO holds an EU Retention Interest (an “Investment Series”). Some or all of the interests in each Series will be held by NMCLO or an affiliate but third parties could be direct or indirect investors in any Series. Except as otherwise stated, the activities of NMCLO as described herein are activities of the Management Series. NMCLO’s principal owner and managing member is New Mountain Capital Group, L.P. (“NMC Group” and, together with its affiliates, including NMCLO “New Mountain” or the “Firm”), whose ultimate owners include Steven B. Klinsky, a minority investor, all of New Mountain’s Managing Directors (currently, forty-three individuals) and related and other vehicles. Despite Mr. Klinsky’s controlling and ownership positions, all of New Mountain’s team members broadly share in the economics of the Firm through the receipt of “carry” or “phantom carry” in every New Mountain transaction. Mr. Klinsky founded the Firm in 1999. Collectively, New Mountain manages or advises various types of investment advisory clients including public and private equity funds, private credit funds, and publicly traded and private business development companies (“Clients”). NMCLO commenced operations in 2020 and as of the date of this brochure provides discretionary management services to New Mountain CLO 1 Ltd, New Mountain CLO 2 Ltd, New Mountain CLO 3 Ltd, and New Mountain CLO 4 Ltd, each a “CLO” as defined above. As of December 31, 2023, NMCLO had $1,855,497,084 of client regulatory assets under management, on a discretionary basis.