Accion Impact Management LLC (“AIM”) commenced operations in 2022. Accion International is the sole member of Accion Impact Management LLC. Accion International is a New York not- for-profit corporation, tax-exempt under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. Accion International does not have any owners or shareholders, nor is any person entitled to the organization's profit. AIM provides discretionary investment advisory services for private investment funds (the “Funds”). AIM has also entered into investment management agreements to manage certain investment portfolios beneficially owned by Accion International (referred to herein as the “SMAs” and, together with the Funds, the “Advisory Clients”). On behalf of the Advisory Clients, AIM invests in pre-seed to growth-stage companies providing financial services and/or financial technology to micro, small and medium enterprises (“MSMEs”) and the Un(der)served. AIM generally invests in sub-Saharan Africa, Asia, Latin America and United States. The Funds are governed by limited partnership agreements that set forth the specific investment guidelines and restrictions applicable to the Funds and the applicable investment guidelines and restrictions are set forth in the investment management agreement with the SMAs (the “Governing Documents”). In addition, investors in the Funds are provided with a Private Placement Memoranda or other offering documents (“PPM”) prior to their investment, which contains information regarding the intended investment program for the relevant Fund. Affiliates of AIM serve as the general partners of the Funds (the “GPs”). The GPs have full and exclusive management authority over all investments, asset dispositions, distributions, and other affairs of the relevant Fund. The GPs are related persons of AIM and under common control with AIM. While the GPs maintain ultimate discretionary investment authority, AIM has been delegated the role of investment adviser for the Funds. The GPs will be subject to the Investment Advisers Act of 1940 (the “Advisers Act”) and rules thereunder, and to all of AIM’s compliance policies and procedures. References to AIM in this Brochure should also be considered references to the GPs in the appropriate context. In accordance with the terms and

conditions of the Governing Documents and subject to the direction and control of the GPs of the Funds, AIM directs and manages the investment and reinvestment of the Advisory Clients’ assets. Investment advice is provided directly to the Funds and not individually to the limited partners, members or investors of the Funds (the “Investors”). AIM does not tailor its advisory services to the individual needs of Investors in the Funds and Investors may not impose restrictions on investing in certain securities or types of securities, other than has been agreed in the Governing Documents. In certain cases, the GPs have (and may in the future) entered into side letter agreements with certain Investors establishing rights under, or supplementing or altering the terms of, the applicable Governing Documents (including without limitation, “most favored nations” rights, transparency rights, reporting rights, approval rights and certain other protections). Once invested in the Funds, Investors generally cannot impose additional investment guidelines or restrictions on the Funds. Except in limited circumstances, Investors are not permitted to withdraw from a Fund prior to the Fund’s dissolution. Co-Investments Depending on the size and other relevant factors associated with an investment opportunity, investment allocation decisions may be made with respect to a potential co-investment in an investment opportunity. In making this determination, AIM will first ensure that the relevant Advisory Client receives the full amount of its desired allocation in respect of a particular investment opportunity prior to offering to any third party the opportunity to co-invest alongside such Advisory Client. There may be times when AIM determines that co-investing with affiliates of AIM in an investment opportunity is in the best interest of an Advisory Client. In such instances, AIM will determine if there is a conflict of interest as a result of such co-investment and may seek approval from the limited partner advisory committee, as required by the Governing Documents. Wrap Fee Programs AIM does not participate in wrap fee programs. Regulatory Assets Under Management As of December 31, 2023, AIM manages $ $191,111,607.28 of Advisory Client assets on a discretionary basis.