Description of Firm and Principal Owners Nicholas Investment Partners, LP (“Nicholas”), headquartered in Rancho Santa Fe, California, is an investment management firm specializing in small-mid cap and convertibles investing and was founded in 2006. Nicholas is currently registered with the Securities and Exchange Commission ("SEC") as an investment adviser and organized under the laws of the State of Delaware as a Limited Partnership ("LP"). Registration with the SEC does not imply any specific level of skill or training. Nicholas is 100% employee and majority woman-owned by the following professionals: Catherine Nicholas, Co-founder, Managing Partner, Chief Investment Officer Catherine leads the investment team and is responsible for the strategic development and day-to-day implementation of investment research, portfolio management and risk management. Catherine is the key decision-maker for US Small Cap, US SMID Cap Growth and US Growth Equity, co-lead portfolio manager for US Equity Opportunities and the backup for Convertible strategies. Art Nicholas, Co-founder, Partner, Strategic Advisor Art serves as a strategic advisor to the portfolio management and research process as well as the firm’s business management. He does not have day-to-day responsibilities in managing portfolios for the firm’s marketed strategies. John Wylie, Partner, Portfolio Manager John is the lead portfolio manager for Convertibles and the co-lead portfolio manager for US Equity Opportunities. He is also the backup for US Small Cap, US SMID Cap Growth and US Growth Equity strategies. Alexander Reison, Partner, Head Trader and Director of Quantitative Analytics Alex is responsible for the implementation of the firm’s Trading function and oversees the firm’s quantitative research model and data analytics efforts. Tammy Wiseman, Partner, Client Service & Marketing Officer Tammy is responsible for implementing the firm’s client service and marketing programs as well as providing client service to investors and their consultants. Chris Siriani, Partner, President/Chief Operating Officer Chris oversees the operational management of the firm including marketing, investment operations, technology and finance. Catherine Newcomb, Partner, Chief Compliance Officer Catherine is responsible for the establishment and enforcement of the firm’s compliance program, ensuring adherence to client guidelines and regulatory requirements. NIP 3, L.P. owns more than 75% of the firm which is the entity in which the above partners have direct ownership. Nicholas Investment Partners, LLC, is the General Partner of Nicholas Investment Partners, L.P. Nicholas Investment Partners LLC is 100% owned by Catherine Nicholas. Nicholas Investment Partners, L.P. ADV Part 2A 5 As of December 31, 2023 our total discretionary assets under management were $921,492,686. In addition, we advised an additional $2,411,028 in non-discretionary assets through model portfolios provided to program sponsors of Unified Managed Accounts (“UMA” accounts as discussed below). Investment Advisory Services Offered Nicholas offers discretionary and non-discretionary investment management services, where appropriate, to various clients including institutional separate accounts (i.e. endowment, foundations, corporate and public pensions, sovereign wealth funds, charitable organizations, among others), trusts, estates, individuals, registered investment companies, private funds and UMA programs. Institutional and Other Separate accounts Nicholas’s institutional separate accounts are generally managed in one of seven strategies, the fees and terms of which are negotiated with Nicholas

and its clients. Nicholas will accommodate client specific investment restrictions which are generally outlined in the individual investment management agreements or other documents outlining the investment objectives of the account. Nicholas manages client assets on a discretionary basis based upon the client’s selected investment strategy and their particular investment objectives as well as other reasonable restrictions as outlined by the client in an investment policy statement or investment management agreement. Clients are responsible for informing Nicholas of any changes to their investment objectives, individual needs and/or guidelines and restrictions. Nicholas does not assume any responsibility for the accuracy of the information provided by clients. Clients establishing separate accounts will retain individual ownership of all securities through their selected custodian bank or brokerage firm. Nicholas also manages several accounts for Nicholas’ principals and their families according to customized investment guidelines. In some cases, these accounts are traded alongside of client portfolios in similar strategies. In these cases, the accounts are generally traded in a block transaction ensuring all eligible accounts receive the same average price, execution and service. Item 11 discusses these accounts in more detail. Registered Investment Companies and Private Funds Nicholas provides investment adviser services to an affiliated registered investment company, Nicholas Partners Small Cap Growth Fund, a series of the Advisors’ Inner Circle III Fund. The Fund is distributed by SEI Investment Distribution Company (SIDCO). SIDCO is not affiliated with Nicholas Investment Partners. Additional information about SIDCO can be found on BrokerCheck. Nicholas provides investment adviser services, as a Sub-Adviser, to unaffiliated registered and unregistered investment companies. Nicholas does not recommend or purchase the sub-advised investment companies for its other clients. The investment objectives, fees, expenses, risks and other important information are outlined in their prospectuses and offering documents. Nicholas also provides investment advisory services to three private funds for which Nicholas is the General Partner. The investment objectives, fees, expenses, risks and other important information Nicholas Investment Partners, L.P. ADV Part 2A 6 are outlined in the Confidential Offering Circulars, Limited Partnership Agreements and Subscription Agreements. Wrap Fee Accounts (“Wrap”) Nicholas does not currently offer its strategies through any discretionary wrap-fee programs. Non-Discretionary Advisory Services/Unified Managed Account Models (“UMA”) Nicholas provides various model portfolios as part of various UMA programs. The models are used by the UMA Program Sponsor to manage their client portfolios for which they maintain full investment discretion. Nicholas is responsible for maintaining the models only and has no discretion over the accounts or their trading, and therefore does not consider the individual needs of the program clients. Nicholas does not have a relationship or agreement with the UMA program clients and does not receive any specific client information from the UMA Program Sponsor. The UMA Program Sponsor retains full discretion on whether to invest their UMA clients’ assets using the model portfolios. Thus, Nicholas relies solely on the UMA Program to determine each clients’ suitability to participate in the investment program offer by Nicholas, based on the UMA Program Sponsor’s knowledge of each client and their specific circumstances.