Fortitude Family Office, LLC (“Fortitude or the “Firm”) is an investment advisor registered with the United States Securities and Exchange Commission (“SEC”) and is a Limited Liability Company formed under the laws of the State of Arizona. Fortitude was founded in 2021 and is principally owned by our Chief Executive Officer, Matthew Walker, through a holding company and his related estate planning entities. Fortitude Family Office LLC (“Fortitude” or the “Firm”) provides investment management and financial advice to a community of primarily high-net-worth individuals, families, and their related entities, including trusts and estates, as well as charitable organizations, foundations, donor-advised funds, and other clients. Client Assets Managed by Fortitude Family Office As of June 2023, Fortitude manages a total of $365,824,561 in assets under management. $326,876,784 in discretionary assets under management and $38,947,777 in non-discretionary assets under management. Fortitude also has $324,207,728 in assets under advisement for a combined total of $690,032,289 (“Managed Assets”). In addition, Fortitude Family Office considers our clients’ full net worth when developing plans and strategic recommendations and typically reports on a fully consolidated basis. In that context, we advise on wealth in excess of $2 billion. General Description of Primary Advisory Services Investment Management: We support our families in the role of Chief Investment Officer, committed to providing tailored investment management advice. Our main responsibility is creating a portfolio that is specifically designed for each of our client’s families. Our commitment involves dedicating meaningful time to align constituents and objectives, crafting an investment portfolio that captures this understanding, and maintaining ongoing communication and reporting to keep clients fully informed. Our focus is centered on delivering the following investment services: As a part of our advisory partnership and investment process, Fortitude collaborates with each client to evaluate their distinctive financial circumstances and create a personalized Investment Policy Statement ("IPS"). This IPS represents the client's comprehensive investment objectives, limitations, and constraints. Periodically updated, the IPS enables strategic investment planning and the execution of the client's portfolio based on their specific investment guidelines, risk objectives, liquidity requirements, as well as any distinct investment goals encompassing environmental, social, and governance ("ESG") factors or restrictions, and impact considerations. Fortitude utilizes the IPS of each client to develop a comprehensive and strategic asset allocation, investing the Managed Assets across a range of investment strategies in the following ways: (i) via separate accounts sub-advised by external advisors (“Separate Accounts”), (ii) directly in exchange-traded funds (“ETFs”), mutual funds, and other investments, including pooled investment vehicles managed by third parties (“Direct Investments”), and/or (iii) directly in Fortitude-sponsored and managed pooled investment vehicles (“Access Vehicles”, and together with Separate Accounts and Direct Investments, the client’s “Portfolio”). This approach allows for tailored customization of each Portfolio to meet the specific needs of the client. Fortitude also offers advice on diversification strategies and other advisory services related to assets not included in the Managed Assets, such as concentrated equity or significant holdings in real estate, subject to the terms of the client agreement. Our team conducts extensive research on capital markets and asset classes in order to uncover thematic opportunities for effective allocation of Managed Assets. We maintain constant communication with our clients to keep them fully informed about our research and perspectives on their Portfolio. Many of our families are active in direct investing in other private businesses and real estate. Fortitude strengthens these endeavors by conducting thorough evaluations and assessments to determine the suitability of the investment in relation to their objectives and needs. Fortitude oversees portfolios based on both discretionary and, in certain instances, non-discretionary criteria, in accordance with client preferences. Clients have the flexibility to set reasonable restrictions on Fortitude's authority, such as limitations on securities types and specific securities for their Portfolio. On an ongoing basis, Fortitude will address client inquiries about their accounts and regularly assess their account performance. Fortitude will periodically examine clients' investment goals and risk profiles, engaging in discussions about rebalancing accounts to the extent appropriate. Additionally, Fortitude will provide any separate account managers with updated financial information or account restrictions as needed. For Separate Accounts, the Firm selects sub-advisors on behalf of clients to manage portions of their Managed Assets in each case pursuant to the terms and conditions of an agreement with the relevant sub- advisor. For Access Vehicles, the Firm selects the underlying investments, either in a fund managed by another advisor or in direct investments or co-investments. Where appropriate, Fortitude, or a third-party engaged by Fortitude, conducts initial due diligence on, and monitors on a periodic basis, such sub- advisors, managers, and other investments. Fortitude typically negotiates the fees to be paid by clients. Wealth Management & Family Office Services: In addition to managing the client's investment portfolio, Fortitude provides additional wealth management services to clients based on their unique circumstances and needs. Such services may include consulting with clients on various financial areas, including income and estate tax planning, financial planning, business sale structures, college financial planning, retirement planning, insurance and risk management analysis, personal cash flow analysis, establishment and design of retirement plans and trust designs, among other things. For our Family Office clients, we assume the responsibilities similar to that of a Chief Financial Officer. In this role, we support families in

the following ways:
• Coordination of administrative activities
• Cash management and money transfers
• Development and oversight of family office internal controls o Includes existing family administrative personnel, outside accountants or vendors
• Oversight of bill pay activities, vendor selection, etc.
• Annual planning and objective setting across disciplines: tax, estate, legal, and accounting
• Evaluation and selection management of key advisors
• Secure document storage and paper flow management o Includes contracts, agreements, tax and estate documents, etc.
• Net worth reporting & analysis
• Preparation of consolidated balance sheets at family group and individual levels
• Oversight, coordination, and preparation of entity-level accounting o Includes personal accounts, trusts, Investment holding companies, foundations, direct investments, etc.
• Cash flow and spending analysis
• Custom reporting and analysis, as necessary
• Risk management and insurance adequacy assessment
• Multi-year budgeting and capital sufficiency, planning and analysis
• Detailed scenario analysis of projected net worth, spending, and cash flow for family group and individuals
• Budget setting and ongoing monitoring
• Spending analysis
• Project analysis – residential purchases, private aviation, direct investment activities
• Coordination with family operating business executives to integrate budgeting, planning and analysis as it impacts the family
• Tax, trust, and estate coordination
• Consolidation of tax documents and supporting information for annual tax preparation and compliance
• Coordination of estate, wealth transfer, and tax planning with family advisors and family operating business personnel, etc.
• Processing of tax payments, including estimated payments
• Administration and implementation of estate and tax planning decisions
• Oversight of administrative and corporate trustee activities, including selection of third-party trust administration
• Administration of charitable giving strategies and implementation, including oversight of foundation accounting and administration Fortitude frequently evaluates the sufficiency of existing life insurance, long-term care, and disability coverage. We assist in determining future needs and may suggest collaborating with a third-party provider offering insurance products. Clients are not obligated to purchase any recommended insurance products. IRA Rollover Recommendations: For purposes of complying with the DOL's Prohibited Transaction Exemption 2020-02 ("PTE 2020-02"), when applicable, Fortitude is providing the following acknowledgment to clients. When the Firm provides investment advice to clients regarding their retirement plan account or individual retirement account, Fortitude is a fiduciary within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way the Firm makes money creates some conflicts with client interests. Fortitude operates under an exemption that requires the Firm to act in the clients’ best interest and not put the Firm’s or its employees’ interest ahead of the clients. Under this exemption, Fortitude must:
• Adhere to a professional standard of care when providing investment recommendations (offer prudent advice)
• Put the clients' interests before the Firm's or its employees' financial interests at all times when making recommendations (offer loyal advice)
• Avoid making misleading statements about conflicts of interest, fees, and investments
• Follow policies and procedures intended to ensure that the Firm and its employees provide advice that is in the best interest of the clients
• Charge a reasonable fee for services rendered
• Provide clients with essential information about any conflicts of interest Fortitude benefits financially from the transfer of clients' retirement assets to an account managed or advised by the Firm. This transfer increases the Firm's assets under management and, consequently, its advisory fees. As a fiduciary, Fortitude suggests a rollover only when both the Firm and its employees truly believe it is in the clients' best interest. Advisory Services Tailored to the Individual Needs of Clients Fortitude Family Office services are based on the individual needs of each client. Depending on the size and complexity of the client, our scope of services may vary meaningfully. All engagements are supported by a mutually agreed-upon scope of services. We review our services with clients on an annual basis to determine whether we would need to expand or contract our level of support depending on their needs. Advisory services to clients, including clients that are private funds / pooled investment vehicles (including Fortitude Private Lending, L.P. or any future private fund created by Fortitude, collectively, the “Funds”) are provided by Fortitude and by certain affiliated special purpose vehicles, including Fortitude GP I, LLC, an Arizona limited liability company (“GP I”) and such other special purpose vehicles that Fortitude or its affiliated persons may establish from time to time established to serve as the general partner, managing member, or similar capacity, together with GP I, (the “SPVs”). Fortitude and/or the SPVs providing investment advisory services to any client shall be referred to as the “Fortitude”). Assets Not Advised by Fortitude Family Office At times, clients request Fortitude to transact in and/or oversee certain securities or other assets that Fortitude does not advise on. If deemed appropriate based on the client’s individual needs and the circumstances, Fortitude will agree to provide such services and will also consider the impact of such securities or other assets in its overall asset allocation recommendations. However, Fortitude is not obligated to provide investment advice on such securities or other assets for which it does not regularly provide investment management services or on non-advised assets. Fortitude does not participate in any wrap fee programs.