Sheffield Asset Management, L.l.c.

Sheffield Asset Management, L.L.C. is an investment adviser registered with the SEC, established in February 2003. The firm manages the private investment fund Sheffield Partners, L.P., focusing on equity and equity-related securities with a broad investment mandate. Sheffield has full discretion in trading for the Fund and does not tailor services to individual investor needs. The firm charges management fees ranging from 1.0% to 2.0% of net asset value and receives performance-based fees of 17.5% to 20% of new profit. Sheffield may engage in short selling and invest in distressed securities. The firm's investment philosophy is value-oriented, aiming to exploit market inefficiencies. Sheffield's investment process involves rigorous due diligence, risk assessment, and establishing price targets. The firm manages risk through position limits, diversification, and monitoring. Clients include institutions, family offices, high net worth individuals, and trusts, with a minimum initial investment of $100,000. Sheffield has custody over the Fund's assets and exercises investment discretion. The firm votes proxies in line with the Fund's objectives and has procedures to address conflicts of interest. Sheffield's financial information is sound, with no impairments to meeting contractual commitments. For more details, investors can request Sheffield's Proxy Voting Policy and other relevant documents from the Chief Compliance Officer.