KPS is a limited partnership formed under the laws of the state of Delaware in 2006, but has been doing business through its predecessor and subsidiary entities since 1998. KPS is principally owned by Michael G. Psaros, David P. Shapiro, Raquel V. Palmer and Jay Bernstein (collectively, the “Principals”). The Principals, together with Ryan Baker, Kyle J. Mumford and Rahul R. Sevani, are collectively referred to herein as the “KPS Partners”. KPS is headquartered in New York, New York and also has affiliate offices and/or personnel in Chicago, Illinois, Frankfurt, Germany, Amsterdam and Hong Kong. KPS, through its affiliated management entities, serves as investment manager to private pooled investment vehicles organized and sponsored by KPS and its affiliates (collectively, the “Funds”) to make private equity investments. As of December 31, 2023, KPS and its affiliates, managed $21.3 billion on a discretionary basis on behalf of the Funds. KPS and its affiliates do not manage assets on a non-discretionary basis. KPS primarily focuses on making investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing. KPS targets investment opportunities involving corporate divestitures and carve-outs, private transactions (e.g., acquisitions from families, entrepreneurs and other financial owners seeking to transition ownership), or restructurings that result in a change of control (whether pursuant to a structure bankruptcy or an out-of-court transaction). The managers and general partners of each of the Funds listed below are controlled and primarily owned by KPS or the Principals. The Funds for which KPS, through its affiliates (as described below), provides management services are as follows:
• KPS Special Situations Fund IV, LP (“Fund IV”) Alberta limited partnership
• KPS Special Situations Fund IV (A), LP (“Fund IV (A)”) Alberta limited partnership
• KPS Special Situations Fund IV (B), LP (“Fund IV (B)”) Alberta limited partnership
• KPS Special Situations Fund IV (A-Delaware), LP (“Fund IV (A-Delaware)” and, together with Fund IV, Fund IV (A) and Fund IV (B), “KPS IV”) Alberta limited partnership
• KPS IV Dex Co-Investors (Delaware), LP (“Fund IV (Dex Co-Invest Delaware)”) Delaware limited partnership
• KPS IV Dex Co-Investors, LP (“Fund IV (Dex Co-Invest)” and, together with Fund IV (Dex Co-Invest Delaware), the “KPS IV Co-Investments”) Alberta limited partnership
• KPS Special Situations Fund V, LP (“Fund V”)
• KPS Special Situations Fund V (A-Delaware), LP (“Fund V (A-Delaware)”) Delaware limited partnership
• KPS Special Situations Fund V (A), LP (“Fund V (A)” and, together with Fund V and Fund V (A-Delaware) “KPS V”)
• KPS Special Situations Mid-Cap Fund, LP (“Mid-Cap I”)
• KPS Special Situations Mid-Cap Fund (A), LP (“Mid-Cap I (A)”)
• KPS Special Situations Mid-Cap Fund (A–Delaware), LP (“Mid-Cap I (A-Delaware)” and, together with Mid-Cap and Mid-Cap (A), “KPS Mid-Cap I”) Delaware limited partnership
• KPS Special Situations Fund VI, LP (“Fund VI”)
• KPS Special Situations Fund VI (A), LP (“Fund VI (A)” together with Fund VI, “KPS VI”)
• KPS Special Situations Mid-Cap Fund II, LP (“Mid-Cap Fund II”) Ontario limited partnership
• KPS Special Situations Mid-Cap Fund II (A), LP (“Mid-Cap Fund II (A)” together with Mid-Cap Fund II, “KPS Mid-Cap II”) Ontario limited partnership KPS IV, the KPS IV Co-Investments,

KPS V, KPS Mid-Cap, KPS VI and Mid-Cap II are closed to new capital commitments. Information about the Funds is included in this Brochure and is qualified in its entirety by information contained in the Funds’ confidential offering documents, including any private placement memoranda, limited partnership agreements or similar governing documents (the “Governing Documents”). The Funds’ Governing Documents contain complete information on the investment objectives and investment restrictions applicable to each Fund. KPS Management IV, LLC (“Management IV”), KPS Management V, LLC (“Management V”) and KPS MC Management, LLC (“Management MC I”) are each wholly-owned subsidiaries of KPS. Management IV was formed in 2013 and provides investment advisory services to KPS IV and the KPS IV Co-Investments, Management V and Management MC I were formed in 2019 and provide advisory services to KPS V and KPS Mid-Cap I, respectively. KPS Management VI, LLC (“Management VI”) and KPS MC Management II, LLC (“Management MC II”) are each wholly-owned subsidiaries of KPS. Management VI was formed in 2023 and provides investment advisory services to KPS VI and Management MC II was formed in 2023 and provides advisory services to KPS Mid-Cap II. KPS Cayman Management, Ltd. (“Cayman Management”) was formed in 2009 and serves as the sole shareholder of the KPS sub-managers as further detailed below. Cayman Management is owned, directly and indirectly, by the Principals and employees. KPS Capital Germany GmbH is wholly-owned by Cayman Management, was formed in 2010 and provides investment advisory services to certain entities of KPS IV, the KPS IV Co-Investments, KPS V, KPS Mid-Cap, KPS VI and Mid-Cap II with respect to non-U.S. investments, primarily in Europe, pursuant to a sub-management agreement with Management III, Management IV, Management V and Management MC I. KPS Netherlands Management BV is wholly-owned by Cayman Management, was formed in 2018 and provides investment advisory services to certain entities of KPS IV, the KPS IV Co- Investments, KPS V, KPS Mid-Cap, KPS VI and Mid-Cap II with respect to non-U.S. investments, primarily in Europe, including activities conducted through Dutch Cooperatives, pursuant to a sub- management agreement with Management III, Management IV, Management V and Management MC I. KPS HK Management Limited is wholly-owned by Cayman Management, was formed in 2013 and provides investment advisory services to certain entities of KPS IV, the KPS IV Co-Investments, KPS V, KPS Mid-Cap, KPS VI and Mid-Cap II with respect to non-U.S. investments, primarily in Asia, pursuant to a sub-management agreement with Management III, Management IV, Management V and Management MC I. In providing services to the Funds, KPS formulates each Fund’s investment objective, directs and manages the investment and reinvestment of each Fund’s assets, and provides periodic reports to the Investors of each Fund. Investment advice is provided directly to the Funds and not individually to the limited partners or shareholders of the Funds (collectively, the “Investors” and each, an “Investor”). KPS manages the assets of each Fund in accordance with the terms and conditions of each Fund’s Governing Documents, each of which contains certain restrictions on the types of assets in which the applicable Fund may invest. Investors and prospective Investors in a Fund should refer to the applicable Governing Documents for complete information on the specific terms, including investment objectives and investment restrictions, applicable to the Fund. There can be no assurance that any of such Funds’ objectives will be achieved.