Aflac Asset Management LLC (“Aflac GI”) is a direct, wholly-owned subsidiary of Aflac Incorporated, a publicly held company (NYSE Ticker: “AFL”). Aflac GI, also known as Aflac Global Investments, was founded in October 2017 as a Delaware limited liability company. Aflac GI serves as the investment manager to Aflac Incorporated, insurance companies affiliated with Aflac GI through Aflac Incorporated (“Insurance Company Clients”), and other pooled investment vehicles in which some Insurance Company Clients invest (each a “Client” and collectively, the “Clients”). The pooled investment vehicles are exempt from registration under the Investment Company Act of 1940, as amended. Aflac GI provides comprehensive asset management services including credit portfolio management, asset allocation solutions, derivatives solutions and management, and other strategic and tactical portfolio management services. We utilize external managers for expertise in certain asset classes and, in certain cases, we employ derivatives to manage risks of our investment strategies and other Client activity. Portfolio Management – Fixed Income, Derivatives, and Alternative Solutions Aflac GI’s disciplined process uses a strategic asset allocation to seek long-term risk-adjusted investment returns and stable income within the regulatory and capital objectives of its Clients. To achieve this objective, Aflac GI typically invests in fixed income securities including investment-grade and below-investment-grade bonds, loans and structured securities, both publicly traded and privately originated. In using derivative instruments, Aflac GI seeks to mitigate various risks associated with its Clients’ investment portfolios and forecasted cash flows, including currency and interest rate risk. Aflac GI also manages a program of alternative assets, primarily private fund investments. Asset Allocation Services Aflac GI offers asset allocation services and multi-asset advisory services across asset classes and through its investments in portfolios and other investment vehicles that are managed by third-party managers. Externally-managed asset

classes include but are not limited to commercial mortgages, transitional real estate loans, infrastructure debt, middle market loans, public equity and alternative investments such as private and real estate equity. Each third-party manager must meet certain requirements relating to the respective asset class at the time of manager selection. Third-party managers are responsible for determining the investments or securities that are purchased, sold or retained under their respective investment mandates for Aflac GI’s Clients. Other Aflac GI provides discretionary advisory services to sub-trusts of Global Alternatives Trust I, a Cayman Islands unit trust formed in 2019 (the “Fund”), the Global Alternatives Fund SPC and its related segregated portfolios. The only investors in the Fund are certain Insurance Company Clients, and Aflac GI does not customize its advisory services for each individual investor in the Fund. 5 | P a g e The assets of the Fund are invested in accordance with its offering memorandum, deed of trust, and other governing documents (the “Governing Fund Documents”). The investment strategy of the Fund is described in greater detail under Alternative Assets in Item 8 below. Aflac GI also serves as a sub-advisor to Aflac Asset Management Japan Ltd. (“AAMJ”), an affiliated investment adviser licensed with the Japan Financial Services Agency. Aflac GI provides asset management services on behalf of AAMJ to Aflac Life Insurance Japan Ltd (“ALIJ”), an insurance company affiliated with Aflac GI. Subject to the sub-advisory investment guidelines and applicable law, Aflac GI advises AAMJ about the manner in which ALIJ invests in certain trust and other investment vehicles which, in some cases, are also Clients of Aflac GI. Aflac GI also provides portfolio management services to two Delaware statutory trusts that hold interests in a diversified pool of leveraged loans and in which ALIJ holds all the trust interests. Aflac GI managed approximately $101,417,509,479 of Client assets on a discretionary basis and $18,807,143,696 of Client assets on a non-discretionary basis, as of December 31, 2023.