The Adviser is an affiliate of Schroders plc., a London Stock Exchange-listed financial services company. The Adviser is indirectly owned in its entirety by that public company. Trustees of certain settlements made by members of the Schroder family hold in excess of 25% of the voting shares of Schroders plc. Schroders has been in business since 1804. The Adviser registered with the Securities and Exchange Commission in 1980. The Adviser manages assets for domestic and foreign clients in strategies focusing on US equity and US fixed income securities, including US tax exempt securities. Those strategies are: – US Small Cap – US Small/Mid Cap – US Mid Cap – US Core Plus – Municipal Bonds Intermediate and Short Term – Global Credit (Corporate) – US Credit (Corporate) – Global High Yield – US High Yield – Emerging Market Debt Multi-Sector (Relative Return) – Value Core – Value Sustainable Core – Value Short Duration - Value Sustainable Short Duration – Value Intermediate Duration – Value Long Duration – Value Long Credit - Value Long Corporate – Value Opportunistic – Value Opportunistic Investment Grade – Value Tax Aware Opportunistic – Securitized Products & Asset-Based Finance – Opportunistic Credit The Adviser also markets strategies focusing on non-US equity and fixed income securities as well as multi asset, systematic investments, quantitative and alternative strategies. For these strategies, the Adviser delegates portfolio management of the account to an affiliated adviser Schroder Investment Management North America Limited (“SIMNA Ltd”). SIMNA Ltd is regulated by the Financial Conduct Authority in the United Kingdom and is also registered with the Securities and Exchange Commission as an investment adviser1 . Our non-US strategies include: – Global/International Equity – Global/International Alpha – International Alpha ADR – Global/International Small Cap – Emerging Markets Equity – Emerging Markets Equity Alpha – Frontier Markets Equity – Emerging Markets Equity Impact – Global Emerging Markets Small Cap – Global Climate Change 5 – Global Climate Leaders – Global Sustainable Growth – Global Disruption – Global Energy Transition – Global Sustainable Food & Water – Healthcare Innovation – US Large Cap Equity – Swiss Equities – Asian Equities – Indian Equities – Global Strategic Bond The quantitative equity strategies are: – Global Core – International (ex-US) Value – Global Value – Global Quality – Global Blend – Global ESG – Emerging Markets – Emerging Markets Synergy The Systematic Investments strategies are: – Sustainable Multi-Factor Equity – Global Multi-Factor Equity – Emerging Markets Multi-Factor Equity – Developed Markets Multi-Factor Equity – US Multi-Factor Equity – Asia Pacific ex Japan Multi-Factor Equity – European Multi-Factor Equity – Japanese Multi-Factor Equity – UK Multi-Factor Equity / UK Yield Multi-Factor Equity – Islamic Global Equity – China A Multi-Factor Equity The multi-asset strategies are: – Diversified Growth – Alternative Risk Premia – Multi-Asset Retirement Target Return - Cross Asset Alpha – Multi-Asset Alpha The Adviser also offers alternative investment strategies including: – Commodities Total Return – Emerging Market Debt (Total Return) – Insurance-Linked Securities – Multi-Strategy, Market Neutral The Adviser also offers Portfolio Solutions strategies including: 6 – Risk-Managed US Equities – Risk-Managed International Equities Finally the Adviser also markets strategies focusing on Japanese equities. For these strategies, the Adviser delegates portfolio management of the account to an affiliated adviser – Schroder

Investment Management (Japan) Ltd (“SIM Japan”). SIM Japan is regulated by the Financial Services Agency in Japan and registered with the Securities and Exchange Commission as an investment adviser on February 20, 2020. The strategies that are marketed to US clients are: – Japanese Equity All Cap – Japanese Equity Small Cap – Japanese Equity Micro Cap The Adviser primarily manages separate accounts on a discretionary basis for institutions, endowments, foundations, pension funds, government retirement plans, insurance companies and, as sub-adviser, to registered investment companies sponsored by other advisers2 . The specific guidelines for these types of accounts are generally the subject of negotiation with clients. Clients may provide restrictions that differ from the Adviser’s usual style of managing for a particular strategy. Some strategies – particularly fixed income – may have more latitude for accepting deviations from the ordinary management style of a strategy. The Adviser also serves as the manager and general partner of private investment partnerships or funds. The Adviser also sub- advises funds that are registered with the SEC under the Investment Company Act of 1940. When investment management services are offered through US registered funds or private investment vehicles, any sales of those products directly to investors are conducted through an affiliated broker-dealer named Schroder Fund Advisors LLC (“SFA”). SFA is registered with the Financial Industry Regulatory Authority (”FINRA”).The FINRA license is a limited one. Other than fund sales, SFA does not execute securities transactions on behalf of clients of the Adviser. One of the registered funds for which the Adviser acts as sub-adviser specializes in private equity investments. In that case, the Adviser delegates portfolio management to its affiliate Schroders Capital Management (US) Inc., which is registered as an investment adviser with the Securities and Exchange Commission. The Adviser also acts as the investment adviser to The Swiss Helvetia Fund, which is a closed-end investment product. Common shares of this Fund are only available for purchase/sale on the New York Stock Exchange at the current market price. The Adviser delegates portfolio management of this Fund to SIMNA Ltd. The Adviser also manages some strategies for offshore affiliated advisers. This includes management of some offshore funds in Luxembourg. Not all of those strategies are available in the US. The Adviser has also registered as a Portfolio Manager in several Canadian provinces: Alberta, British Columbia, Manitoba, Nova Scotia, Ontario, Quebec and Saskatchewan. The Adviser does not sponsor a wrap fee program and does not actively manage accounts in wrap fee programs sponsored by others. It does provide model portfolios to wrap-fee program sponsors but all orders for the program’s accounts are raised by the wrap fee program sponsor. Each sponsor exercises investment discretion and executes each client’s portfolio transaction based on such sponsor’s own judgement. The Adviser does not provide model portfolios based on the individual needs of any one client. 1As is the case with the Adviser, the mere fact that SIMNA Ltd is registered with the SEC does not imply that SIMNA Ltd personnel necessarily possess any particular level of skill or training. 2In a sub-advisory arrangement, the investment adviser appointed by the board of the fund delegates to another advisor the actual selection of securities for the fund, typically on a discretionary basis. Other responsibilities for operation of the fund – such as pricing, marketing and preparing information for the fund board – are retained by the principal adviser. 7