A. Firm Description Nomura Asset Management Co., Ltd. (“NAM-Tokyo,” “firm,” “we,” “us,” or “our”) is one of Japan’s leading asset management firms. The firm was established in October 1997 through a consolidated company formed by the merger between Nomura Securities Investment Trust Co., Ltd. (established in 1959) and Nomura Investment Management Co., Ltd. (established in 1981). We are 100% owned by Nomura Holdings, Inc. (“NHI”). NHI, together with its affiliates, is known as “Nomura.” In addition to being registered as an investment adviser with the SEC, NAM-Tokyo is authorized as an investment trust management company under the Japan Financial Instruments and Exchange Act. In Japan, NAM-Tokyo is registered for Type II Financial Instruments Business, Investment Management Business (mutual funds and discretionary business) and Investment Advisory and Agency Business, and is regulated by the Financial Services Agency. B. Description of Advisory Services We are one of Japan’s largest investment trust managers and have developed a significant institutional management business, both in Japan and globally. While we manage a broad array of fixed income and equity mandates, in North America we specialize in managing, on a discretionary basis, equity mandates (with a focus on Japanese and Global Equity) for segregated institutional client portfolios and investment vehicles. We provide these services through sub-advisory arrangements with our wholly- owned subsidiary Nomura Asset Management U.S.A. Inc. (“NAM-USA”). NAM-USA is a U.S. SEC- registered investment adviser. Under these arrangements, we act as a sub-adviser. Our advice to North American clients is limited to equity securities. Equity securities include, among other things, common stock, preferred stock, warrants, rights, depository receipts, REITs, limited partnership interests, membership interests in a limited liability company,

shares of fund vehicles and equity-related instruments and derivatives. As a sub-adviser to our North American clients, we are granted discretionary authority by NAM-USA, and are authorized to buy, sell and trade in securities in accordance with the investment guidelines and restrictions contained in the investment advisory agreement between NAM-USA and the client. Our North American clients who entrust us with managing their assets include well known pension plans and investment funds. These include a U.S. closed-end fund and a Canadian mutual fund. C. Availability of Customized Services to Individual Clients We tailor our advisory services to the individual needs of our clients. Clients may impose reasonable restrictions on investing in certain securities or types of securities, depending on their investment objectives, risk tolerance and other various suitability requirements. These restrictions must be in writing and must accompany the investment management agreement. Clients should be aware, however, that certain restrictions can limit our ability to act and as a result, an account’s performance may differ from and may be less successful than other accounts that have not limited our discretion. Where NAM-Tokyo is the investment adviser or sub-adviser to a pooled investment vehicle, the investment objectives, guidelines and any investment restrictions followed are not tailored to the needs of individual investors in those vehicles. D. Wrap Fee Programs NAM-Tokyo does not provide portfolio management services in connection with any wrap fee programs. E. Assets Under Management As of March 31, 2023 USD Assets Under Management USD Regulatory Assets Under Management Assets Managed on a Discretionary Basis $ 437,271,621,351 $ 543,337,631,531 Assets Managed on a Non-Discretionary Basis $ 4,618,542,626 $ 5,145,615,777 Total Assets $ 441,890,163,977 $ 548,483,247,308