Ram Realty Advisors LLC (“Ram,” “We,” “Advisor,” or the “Firm”), is a Delaware Limited Liability Company founded in 2007 and is principally owned by Keith L. Cummings. Ram and its affiliates, the Managing Members and General Partners (collectively referred to as “Ram”) provide investment advisory and other services to pooled investment vehicles, by sourcing, underwriting, managing and disposing of real estate investments. Ram has been acquiring, developing, and managing real estate continuously since 1978 through its predecessor entities. Ram targets the major markets in Florida, Georgia, Tennessee, and the Carolinas – including Nashville, Raleigh-Durham, Charlotte, Atlanta, Orlando, Tampa, Miami, Fort Lauderdale, and West Palm Beach. Ram currently advises the following portfolios (“Fund” or “Funds”):  Ram Realty Partners IV LP (“RRPIV”) was formed in 2015 as a private equity real estate fund focused on acquiring, developing, redeveloping and managing commercial, multifamily, and mixed- use properties in the Southeastern United States as well as in the acquisition of distressed debt, and investments in preferred equity, joint ventures, and other instruments. A parallel fund, Ram Realty Partners IV (A) LP and a co-investment fund, Ram IV Co-Invest LP, were formed in 2017 as private equity real estate funds that invests side-by-side with Ram Realty Partners IV LP in certain transactions (collectively “RRPIV”). Ram IV Co-Invest LP was fully liquidated as of December 31, 2022.  Ram Realty Partners V LP (“RRPV”) was formed in 2018 as a private equity real estate fund focused on acquiring, developing, redeveloping and managing commercial, multifamily, and mixed- use properties in the Southeastern United States as well as in the acquisition of distressed debt, and investments in preferred equity, joint ventures, and other instruments. A co-investment fund, Ram V Co-Invest LP, was formed in 2020 as a private equity real estate fund that invests side-by-side with Ram Realty Partners V LP in certain transactions (collectively “RRPV”).  Ram Realty Partners VI LP (“RRPVI”) was formed in 2021 as a private equity real estate fund focused on acquiring, developing, redeveloping and managing multifamily and mixed-use properties in the Southeastern United States as well as in the acquisition of distressed debt, and investments in preferred

equity, joint ventures, and other instruments. A co-investment fund, Ram VI Co-Invest LP, was formed in 2022 as a private equity real estate fund that invests side-by-side with Ram Realty Partners VI LP in certain transactions. An additional co-investment fund, Ram VI Co-Invest SS LP, was formed in 2023 as a private equity real estate fund that invests side-by-side with Ram Realty Partners VI LP in certain transactions (collectively “RRPVI”). The first closing for Ram VI Co- Invest SS LP did not occur until October 2023.  Ram Realty Investors II LLC (“RRI II”) was formed in 2007 as a private equity real estate fund for qualified Ram employees to invest in RRPII.  Ram Realty Investors IV LLC (“RRI IV”) was formed in 2015 as a private equity real estate fund for qualified Ram employees to invest in RRPIV.  Ram Realty Investors V LLC (“RRI V”) was formed in 2018 as a private equity real estate fund for qualified Ram employees to invest in RRPV.  Ram Realty Investors VI LLC (“RRI VI”) was formed in 2021 as a private equity real estate fund for qualified Ram employees to invest in RRPVI. Ram previously advised the following portfolios:  Ram Realty Partners II LP (“RRPII”) was formed in 2007 as a private equity real estate fund focused on acquiring, developing, redeveloping and managing commercial, multifamily, and mixed- use properties in the Southeastern United States as well as the acquisition of distressed debt. RRPII was fully liquidated as of December 31, 2021.  Ram Realty Partners III LP (“RRPIII”) was formed in 2011 as a private equity real estate fund focused on acquiring, redeveloping and managing commercial, multifamily, and mixed-use properties in the Southeastern United States as well as in the acquisition of distressed debt, and investments in preferred equity and other instruments. A parallel fund, Ram Realty Partners III (A) LP was formed in 2013 as a private equity real estate fund that invests side-by-side with Ram Realty Partners III LP (collectively “RRPIII”). RRPIII was fully liquidated as of December 31, 2020. As of December 31, 2023 Ram manages approximately $1,196,423,459 of real estate assets on behalf of its 7 active Funds. These constitute Ram’s regulatory assets under management (“AUM”) and are calculated as 1) the fair value of the total private fund's assets and 2) the contractual amount of any uncalled commitment.