Colchis is a Delaware limited partnership that has been in business since March 2012. It serves as the investment adviser to several investment funds (each referred to herein as a “fund” and collectively as the “funds”) and to a separately managed account (the “SMA” together with the funds, the “Clients”). Colchis’s controlling owners are Robert J. Conrads and Edward M. Conrads. As of December 31, 2023, Colchis had total discretionary net assets under management of approximately $767,696,491 (calculated by summing the net assets held by Colchis RBLF L.P., Colchis RBLF Ltd. (but only with respect to assets not invested through Colchis RBLF L.P.), Colchis Income Fund, L.P., Colchis Income Fund, Ltd., Colchis/Marlette Income Fund, L.P., Colchis/Marlette Income Fund, Ltd., Colchis Opportunities Fund, L.P., Colchis Opportunities Offshore Fund, L.P., Colchis Real Properties Income Fund, L.P., Colchis Real Properties Income Fund II, L.P., Colchis Real Properties Income Fund III, L.P. (and including uncalled capital commitments), two real properties funds (the “RP LLC Funds”) and the asset of the SMA). Colchis only manages assets on a discretionary basis. RBLF Funds Colchis manages Colchis RBLF L.P., a Delaware limited partnership and its feeder fund, Colchis RBLF Ltd., a Cayman Islands exempted company (with Colchis RBLF L.P., the “RBLF Funds”). The RBLF Funds invest, directly or indirectly, through various special purpose vehicles in (a) real estate loans collateralized by single-family homes in the U.S. (b) credit facilities and structured credit in connection with residential real estate, and (c) other securities and instruments that Colchis determines are appropriate related to residential real estate, including but not limited to debt or equity tranches of collateralized debt obligations (“Collateralized Obligations”) of securitization vehicles (which may be structured as U.S. or non-U.S. trusts, partnerships, limited liability companies or other pools of U.S. or non-U.S. denominated assets) that hold similar fixed- income securities to those described above (“Securitization Vehicles”). SMA Colchis manages the SMA for a large institutional Client using the RBLF Funds’ investment strategy selected by that Client. Colchis does not expect to manage accounts for other Clients at this time and does not generally allow Clients to restrict its investment strategies or the types of instruments that it may purchase. Real Properties Funds Colchis manages Colchis Real Properties Income Fund, L.P., a Delaware limited partnership (“RP Fund I”), Colchis Real Properties Income Fund II, L.P., a Delaware limited partnership (“RP Fund

II”), Colchis Real Properties Income Fund III, L.P., a Delaware limited partnership (“RP Fund III”) and the RP LLC Funds (together with RP Fund I, RP Fund II and RP Fund III collectively, the “Real Properties Funds”). Colchis invests substantially all of the Real Properties Funds’ assets in residential rental properties (“Properties”), targeting Properties for purchase based on Colchis’s projected cash flow expectations and potential for appreciation of the Properties. The Real Properties Funds have engaged Colchis’s affiliate, Imagine Homes Management, LLC (“Imagine Homes”), to act as the Real Properties Funds’ agent and property manager. Colchis controls and has significant equity interests in Imagine Homes. As a result, Colchis has an incentive to cause the Real Properties Funds to engage Imagine Homes. Income Funds Colchis Income Fund, L.P., a Delaware limited partnership, Colchis Income Fund, Ltd., a Cayman Islands company, and Colchis Income Offshore Master Fund, L.P., a Cayman Islands limited partnership (“Income Master,” and together with Colchis Income Fund, L.P. and Colchis Income Fund, Ltd. the “Income Funds”) are closed to new investors and Colchis is winding down their portfolios and distributing available cash to their investors. Marlette Funds Colchis/Marlette Income Fund, L.P., a Delaware limited partnership and Colchis/Marlette Income Fund, Ltd., a Cayman Islands exempted company (together, the “Marlette Funds”) are closed to new investors and Colchis is winding down their portfolios and distributing available cash to their investors. Opportunities Funds Colchis manages Colchis Opportunities Fund, L.P., a Delaware limited partnership, and Colchis Opportunities Offshore Fund, L.P., a Cayman Islands limited partnership, each of which invests substantially all of its assets in Colchis Opportunities Master Fund, L.P., a Cayman Islands limited partnership (“Opportunities Master,” and collectively with the other Opportunities funds, the “Opportunities Funds”). The Opportunities Funds are closed to new investors and have ceased making new investments. General Matters The investors in the funds that Colchis manages have no opportunity to select or evaluate any fund investments or strategies. Colchis selects all fund investments and strategies subject to each fund’s offering documents and overall investment strategy. Colchis may maintain idle cash or other short- term investments and is authorized to enter into any type of investment transaction that it deems appropriate under the terms of the funds’ governing documents. Colchis does not participate in wrap fee programs.