CSAM is a Delaware limited liability company. It is indirectly controlled by CNL Financial Group, LLC, (“CNL”) a private investment management firm specializing in alternative investment products. We are the Manager and the Administrator to CNL Sprott Strategic Asset Client, LLC, (the “Client”) which will be our sole Client. The Client is anticipated to invest primarily in (i) loans that may be secured by, among other collateral, mineral rights, mining claims, leasehold interests, or other interests in real estate made to entities principally engaged in the natural resources, precious, and base metals extraction industry (“Natural Resource Loans”), (ii) the equity and/or debt of public and private entities principally engaged in the exploration, mining, fabrication, processing, and distribution of gold and other precious and base metals—copper, lead, nickel, zinc, and rare earth minerals, (iii) interests in the projects associated with the exploration, mining, fabrication, processing, and distribution of gold or other precious metals, including leases, streams, royalties, production participation agreements, and other financial instruments (“Natural Resource Projects”), (iv) direct gold bullion exposure, and (v) certain derivatives such as options, futures, and forward contracts on gold and other precious metals (collectively, the “Targeted Assets”). The Client defines companies in the natural resource sector as entities principally engaged in the exploration, mining, fabrication, processing, and distribution of metals, mineral, resource infrastructure and the resource servicing sectors (collectively, the “Natural Resource Sector”). The Client’s investments in companies or projects in the Natural Resource Sector will generally be through customized financing solutions in the form of resource loans secured by real estate interests such as valuable minerals, minerals rights, real estate, royalties, or streaming contracts. These private investments will generally have a first lien security interest over a company or project’s assets and/or cash flows. The Client’s investments may also take

the form of equity and/or debt securities of public and private entities. The Client may invest without limitation in U.S. and non-U.S. Targeted Assets. The Client expects that its Targeted Assets will generally be invested in several countries with established investment and real estate laws. To the extent that the natural resources and gold industries are concentrated in any given geographic region, such as Asia, Australia, Europe, or North America, a significant proportion of the Client’s assets may be invested in that particular region. As set forth in the Management Agreement, we act as the manager to the Client and its subsidiaries and to manage the day-to-day operations of the Client and its subsidiaries. We also ensure that the business policies, directives and restrictions that are set forth in the Client’s formation documentation and policies and as are otherwise approved or implemented by the Client. The Manager has engaged Sprott Resource Lending Partnership, an Ontario partnership (the “Sub-Manager”), an affiliate of Sprott Inc., a corporation organized under the laws of the Province of Ontario, Canada (“Sprott”). The Sub-Manager is a relying adviser of Resource Capital Investment Corporation, an investment adviser registered under the Advisers Act. The Sub-Manager may also engage its own sub-advisers. It is anticipated that the Sub-Manager, will source and recommend potential investment opportunities for Targeted Assets. After recommendation from the Sub- Manager, in order to make a determination that such opportunity meets the Client’s investment objectives, we have established a management committee (“Management Committee”). The Client had previously determined that it was in the best interest of the Client to redeem Company’s Units held by Members unaffiliated with the Client, its Manager, or Sub-Manager, which the Client has completed, and then pursue a full liquidation of the Client. Consistent with the duties under the Management Agreement, the Manager continues to provide management services to the Client as it pursues its full liquidation.