Structure; History and Ownership Basswood Capital Management, L.L.C., referred to in this brochure as “Basswood,” “we,” “us” or the “firm,” is an investment advisory firm with its principal place of business in New York, New York. Basswood also maintains a second office in Westchester County, New York. The firm is organized as a Delaware limited liability company. The firm commenced business in 1998. The principal owners of the firm are Bennett Lindenbaum and Matthew Lindenbaum. Basswood Partners, L.L.C. is an affiliate of Basswood Capital Management, L.L.C., and serves as the general partner of certain of the private investment funds for which Basswood serves as investment adviser. Basswood Partners, L.L.C. is not required to be separately registered with the SEC. References herein to “Basswood”, “we”, “us” or the “firm,” describe Basswood Partners, L.L.C. in addition to Basswood Capital Management, L.L.C. Basswood UK Limited is a subsidiary and 100% owned by Basswood. It was established in 2018 and maintains an office in London, United Kingdom. The firm has been registered with the SEC since June of 2011. Previously, the firm was registered with the SEC from January 2006 until January 2008. Types of Advisory Services We serve as investment adviser to a number of private investment funds (referred to in this brochure as the “funds”) and separately managed accounts (referred to in this brochure as the “separate accounts”), to which we provide discretionary investment advisory services. We currently do not manage non-discretionary accounts but may advise such accounts from time to time. The funds and the separate accounts to which we provide investment advisory services are sometimes referred to together in this brochure as the “accounts.” We manage the accounts by using “primary strategies”, with the investment objective of generating long- term capital appreciation by investing primarily on a long basis and short basis in a select number of investments that we identify as likely to experience significant price appreciation or depreciation. Our primary strategies mainly invest in equity securities and include a strategy focused on the U.S. financial services sector (“U.S. Financials Strategy”), a strategy focused on the financial services sector in Europe and other developed markets outside of the U.S. (“European Financials Strategy”), and a strategy that is not focused by sector (“General Strategy”). The General Strategy is not obligated to invest in any one sector, but it is and can be heavily weighted towards the financial services sector at any time. Within the U.S. Financials Strategy and European Financials Strategy (together, the “Financials Strategies”), we manage long/short and long only accounts, which generally restrict short selling. The accounts managed under the Financials Strategies can differ in their geographic focus: certain accounts are focused on U.S. investments, while other accounts are focused on non-U.S. investments or a combination between U.S. and non-U.S. We also manage a strategy that invests in Additional Tier 1 subordinated

bonds of European and UK banks and preferred stock of U.S. Banks (“Liquid Credit Strategy”). The strategy is managed to seek high yields and price appreciation. From time to time, we may also advise accounts that are established to hold securities of a single or a limited number of issuers (the “Co-Investment Strategy”). Each such position will ordinarily be a position that is also held by some or all of the accounts using the primary strategies. The funds we advise do not offer their interests to the public. Fund interests are offered only in private placements to qualified investors. Details concerning the terms applicable to investors in the funds are contained in the funds’ “offering documents”. Our investment advisory services to institutional investors on a separately managed account basis may be provided by way of private investment funds formed by us and open exclusively to the separate account investors; or special purpose entities formed by the separate account investors, which may also be considered to be private investment funds, each of which are referred to in this brochure as separate accounts. Our separate account arrangements are governed by the investment management agreement between us and each separate account investor. The investment strategies we employ on behalf of the funds and the separate accounts are described in greater detail below in Item 8 and in the offering documents of the funds and the investment management agreements for the separate accounts. In general, we do not tailor our strategies to the needs of individual fund investors or separate account clients. However, in certain limited circumstances, we may agree to particular investment guidelines or investment restrictions with particular fund investors or separate account clients. We may offer other products, accounts and/or investment strategies that differ from the strategies described in this section. We do not participate in any wrap fee programs. Assets Under Management As of December 31, 2023, we managed approximately $770,490,776 of client assets, all on a discretionary basis. This amount reflects the net asset value of the accounts as of such date. This Brochure does not constitute an offer to sell or solicitation of an offer to buy any securities. The securities of the funds are offered and sold on a private placement basis under exemptions promulgated under the Securities Act of 1933 and other applicable state, federal or non-U.S. laws. Significant suitability requirements apply to prospective investors in the Funds, including requirements that they be "accredited investors" as defined in Regulation D, "qualified purchasers" as defined in the Investment Company Act, or non- "U.S. Persons" as defined in Regulation S. Persons reviewing this Brochure should not construe this as an offer to sell or a solicitation of an offer to buy the securities of any of the funds described herein. Any such offer or solicitation will be made only by means of a confidential private placement memorandum.