Kairos operates primarily as a private real estate investment management advisory company headquartered in Irvine, California, majority owned by CJPC, LLC. CJPC, LLC’s interest in Kairos is owned by Solid Rock Commercial, LLC which is owned by Carl and Diana Chang. Mr. Carl Chang (Chief Executive Officer) founded Kairos’ predecessor in 2005 and leads the day-to-day operations of the firm along with Jonathan Needell (President & Chief Investment Officer) and other senior executives. Kairos’ investment team averages approximately 30 years of real estate experience across disciplines including acquisitions, asset management, property management, development, and construction. The investment team’s expertise is concentrated on value-based investing throughout the capital structure, including fee-owned real estate; general partner, joint venture, senior or preferred equity; mezzanine loans; and debt. Kairos’ investment team has extensive experience in grocery and pharmacy anchored and convenience retail projects, medical offices, industrial buildings, multifamily investments (including student housing), and commercial mortgage-backed securities or CMBS bonds collateralized by commercial and multifamily properties in the United States. References herein to Kairos may include, as the context requires, various entities controlled by Kairos or its partners, and entities through which Kairos provides investment management advisory services, such as the general partners of its private funds. Kairos provides investment management advisory services to its Clients, which are pooled investment vehicles (each a “Fund” and collectively, the “Funds”) most commonly structured as limited partnerships or limited liability companies, though one Fund is structured as a corporation which has elected to be treated as a REIT. Certain Funds are organized into a parallel fund structure (each a “Parallel Fund” and collectively, the “Parallel Funds”), which generally invest side-by-side on a pro rata basis (based on capital commitments) with another Fund. Parallel Funds may be established for legal, regulatory, tax or other reasons. Kairos does not provide investment advisory services to individual investors or limited partners (“Investors”) in the Funds. In addition to the Clients described above, Kairos manages certain physical real estate assets in legacy investment partnerships, which are not considered to be investment advisory clients of Kairos. Kairos provides investment management advisory services related to the Clients’ investments which are primarily real estate related equity and debt investments (each an “Investment” and collectively, “Investments”). Investments of the Clients include or may include (i) fee owned real estate of various types as described below; (ii) preferred equity, structured debt, mezzanine debt, joint venture equity, and note purchases for real estate of various types as described below; (iii) office, retail, multi-family, industrial, and mixed-use properties; (iv)

affordable housing (including some market-rate housing where a portion of units have self-regulated rents) with a focus on social impact programs and environmental property improvements; (v) note and mortgage assets; (vi) loans secured by office, retail, multi-family, industrial, and mixed-use properties; (vii) commercial mortgaged-backed securities; (viii) interests in mortgage loans secured by commercial properties (which interests consist of mortgages, related-mortgage notes, and other loan-related documentation); (ix) interests in real estate mortgage investment conduits; (x) real estate interests in commercial REO properties, represented by deeds in lieu of foreclosure and other instruments; (xi) mortgage pass through certificates; (xii) debt instruments collateralized by commercial mortgages; (xiii) private equity; (xiv) publicly registered or traded equity; and (xv) other assets included in the respective governing documents, Offering Memorandum, organizational documents, or management advisory agreements applicable to such Client (“Governing Documents”). The advisory services provided by Kairos are limited to the types of Investments described herein. Kairos specializes in advising Clients that seek to employ asset underwriting and tactical management strategies that translate into long-term cash flow and value enhancement. The Clients typically focus on off-market and undervalued transactions ranging in size from approximately $5,000,000 to $45,000,000 which Kairos perceives to be below the institutional radar and too large for novice/individual investors. Kairos' investment management advisory services include, but are not limited to: sourcing, identifying, analyzing, and recommending Investment opportunities; monitoring and evaluating Investments; making recommendations regarding financing, refinancing, and sale of Investments; making recommendations regarding the allocation of cash pending distribution or reinvestment; and providing asset management advisory services with respect to the Investments held by Clients. As part of its investment management advisory services, Kairos also provides ancillary services to the Funds or investments held by Clients, including legal services, construction management, and servicing of Investments, as further described below, under Item 5 – Fees and Compensation. Kairos does not tailor its services to Investors or potential Investors in the Funds nor participate in wrap fee programs. Kairos may restrict particular Clients from investing in certain securities and assets, in accordance with suitability, tax, and legal considerations. The investment advice provided by Kairos and the scope of each Client’s investment activity is subject to restrictions set forth in each Fund’s Governing Documents. As of December 31, 2023, Kairos has $989,387,542 in regulatory assets under management. Kairos manages $958,846,258 of client assets on a discretionary basis and $30,541,284 of client assets on a non- discretionary basis.