Ten Coves Capital provides discretionary investment advice to Ten Coves Capital I, LP (“Fund I”), Ten Coves Capital II, LP (“Fund II”), Ten Coves Capital II Co-Invest, LP (“Fund II Co-Invest”), Ten Coves Capital III, LP (“Fund III”, and Ten Coves Capital IV, LP (“Fund IV) and together with Fund I, Fund II, Fund II Co-Invest, Fund III, and any successor private investment funds and each of their related co- investment vehicles and special purpose vehicle, the “Funds” and individually, each a “Fund”). Ten Coves Capital also manages several single purpose vehicles (collectively, the “SPVs”, and together with the Funds, the “clients”) each of which are formed to typically invest in a single portfolio company. In the future, Ten Coves Capital may form additional funds, including feeder and parallel funds, co-investment vehicles and special purpose vehicles. Ten Coves Capital is led by Steven Piaker, Daniel Kittredge and Edwin May (together the “Managing Partners”), who are supported by a team of Ten Coves Capital professionals with investment, finance, and compliance experience. The Funds seek long-term capital appreciation through private investments, utilizing a disciplined investment strategy that leverages the experience of the Managing Partners and the broader team. The general partner of Ten Coves Capital is Ten Coves Management, LLC, which is co-owned by the Managing Partners and Manu Rana, Founding Partner and Senior Advisor. Ten Coves Capital is a private investment firm co-founded by the Managing Partners following a spin out from Napier Park Global Capital (collectively with its affiliates, “Napier Park”), a global credit asset manager, in December 2020. Ten Coves Capital assumed management of Funds I and II from Napier Park, and Fund III was raised subsequent to the formation of Ten Coves Capital. Today, Ten Coves Capital operates as a fully independent firm, and the Managing Partners are responsible for managing all aspects of the Firm and the Ten Coves Capital funds, including all operating and investment management functions. Generally, a person that is under common control with Ten Coves Capital (a “Related Person”) acts as the general partner of each Fund, and Ten Coves Capital (directly or indirectly through a wholly-owned subsidiary) serves as the investment adviser to each Fund. References to “Ten Coves Capital” in this Brochure include, as the context requires, affiliates

through which Ten Coves Capital provides investment advisory services or that act in any capacity referenced in the previous sentence. References to “General Partners” in this Brochure include the general partner entities of the applicable Funds, and for any General Partner that is itself a limited partnership, to the general partner thereof. Ten Coves Capital deploys a disciplined strategy of investing in high growth business-to-business (“B2B”) software companies across the financial technology ecosystem, with a focus on companies solving industry pain points, enabling workflows, and providing critical infrastructure for customers ranging from the largest financial institutions down to small and medium-sized businesses (“SMBs”). Ten Coves Capital typically makes minority growth equity investments, initially investing as a lead or co-lead investor and seeking board representation and structural protections that serve to establish shared control with management and co-investors. Ten Coves Capital tailors its advisory services to the specific investment objectives and restrictions of each Fund set forth in such Fund’s limited partnership agreement. Investors and prospective investors of each client should refer to the confidential private placement memorandum (if any), limited partnership agreement, subscription agreement and/or other governing documents (collectively, the “Governing Documents”) of the applicable client for complete information on the investment objectives and investment restrictions with respect to such client. There is no assurance that any of the client’s investment objectives will be achieved. Consistent with industry practices, the Funds and/or the General Partner have entered into side letter agreements or similar agreements (“Side Letters”) with certain investors pursuant to which the General Partner grants the investor specific rights, benefits, or privileges (including economic rights, benefits and privileges) that, except as set forth in the Governing Documents, are not required to be made available or disclosed to investors generally. Ten Coves Capital manages all client assets on a discretionary basis in accordance with the terms and conditions of each client’s Governing Documents. As of December 31, 2023, Ten Coves Capital manages approximately $990,475,890 in assets on a discretionary basis. This includes the committed capital that may be called by the Funds from their respective limited partners.