Tiercel SEZC, (“Tiercel” or the “Advisor”), was incorporated in the Cayman Islands on July 30,
2021. The Advisor is registered as a Commodity Trading Advisor (“CTA”) with the Commodity
Futures Trading Commission (“CFTC”) since September 13, 2021 and is a Member of National
Futures Association since September 13, 2021. On September 3, 2021, the Advisor became
registered pursuant to Section (5)(4) and Schedule 4 of the Cayman Islands Monetary Authority’s
(“CIMA”) Securities Business Act (2020 Revision). As of the date of this disclosure document, the
Advisor is not active under either of these registrations and Memberships. The CIMA registration
became necessary in order to conduct the CTA business in the Cayman Islands.