MB Family Advisors LLC

TYPES OF CLIENTS

As discussed in the Advisory Business section above, MB Advisors currently provides investment
advisory services to qualified individuals and entities through: (i) MB Dislocation Fund, a fund of
funds which invests primarily in collective investment vehicles (including fund of funds, registered
and unregistered investment funds and exchange traded funds) and managed accounts that are
managed by a number of independent portfolio managers, in each case, specializing in, among other
potential strategies, credit, equities (including international and emerging market equities),
arbitrage (merger, convertible, volatility, crypto currency and/or other arbitrage strategies), options,
warrants, quantitative trading strategies (including managed futures), distressed debt, currencies,
convertible securities, structured finance (including asset backed securities and/or mortgage debt
and other forms of structured finance like collateralized loan obligations (CLO’s), collateralized debt
obligations (CDO’s), residential mortgage-backed securities (RMBS), commercial mortgage-backed
securities (CMBS) etc), private equity, private credit, life settlements and other longevity strategies,
global macro investing, multi-strategy investing, SPAC’s, Bitcoin, Etherium and other crypto
currencies, master limited partnerships, gold, silver and other precious metals (including shares of
mining companies), other commodities, long/short equity, event driven, activist, private credit, direct
lending, municipal finance, fixed income (including without limitation international and/or emerging
market fixed income), insurance and reinsurance strategies and/or other strategies that MB Advisors
believes are appropriate for the current investment environment (it being understood that the MB
Dislocation Fund will not generally be invested in all the aforementioned strategies), and (ii)
separately managed accounts which are tailored to the investment objectives of individual clients.

As of the date of this Brochure, each of the separately managed accounts is pursuing an investment
strategy reasonably similar to (although in some cases meaningfully broader or narrower than) the
investment strategy of MB Dislocation Fund although in the future different strategies may be
pursued in separately managed accounts. Investors in MB Dislocation Fund and the separately
managed accounts are subject to certain minimum investment amounts, which can be waived by MB
Advisors and its affiliates in their discretion. Such minimums vary depending on whether an investor
invests through the Fund or a separately managed account and the details of such minimum
investment amounts are in each respective client’s limited partnership agreement, investment
management agreement and/or confidential private placement memoranda.

INVESTMENT STRATEGIES AND RISK OF LOSS

Fund of Funds

MB Dislocation Fund is a fund of funds which invests primarily in collective investment vehicles
(including fund of funds, registered and unregistered investment funds and exchange traded funds)
and managed accounts that are managed by a number of independent portfolio managers, in each

case, specializing in, among other potential strategies, credit, equities (including international and
emerging market equities), arbitrage (merger, convertible, volatility, crypto currency and/or other
arbitrage strategies), options, warrants and other derivatives, quantitative trading strategies
(including managed futures), distressed debt, currencies, convertible securities, structured finance
(including asset backed securities and/or mortgage debt and other forms of structured finance like
collateralized loan obligations (CLO’s), collateralized debt obligations (CDO’s), residential mortgage-
backed securities (RMBS), commercial mortgage-backed securities (CMBS) etc), private equity, private
credit, life settlements and other longevity strategies, global macro investing, multi-strategy investing,
SPAC’s, Bitcoin, Etherium and other crypto currencies, master limited partnerships, gold, silver and
other precious metals (including shares of mining companies), other commodities, long/short equity,
event driven, activist, private credit, direct lending, municipal finance, fixed income (including
without limitation international and/or emerging market fixed income), insurance and reinsurance
strategies and/or other strategies that MB Advisors believes are appropriate for the current
investment environment (it being understood that the MB Dislocation Fund will not generally be
invested in all the aforementioned strategies).

MB Dislocation Fund’s investment strategy involves a number of material risks. These risks include,
among many others, the ability of the investment managers to the underlying investment funds and
managed accounts to correctly implement their respective investment and trading strategies. To do
so, these investment managers must correctly assess the quality of issuers of debt and equity and/or
assess future price movements of credit instruments, equity instruments, loans, stocks, bonds,
options, warrants, currencies (including crypto currencies), real estate and other assets and/or
securities, life expectancies (in the case of life settlements), insurance claims, as well as the
movements of interest rates and other macro factors, among many other variables.

Risks are not limited to market price movements (i.e. movements in the direction of prices of e.g.
stocks, bonds, interest rates, loans etc.). There are also risks related to the partnership structure of
MB Dislocation Fund and the underlying collective investment vehicles, limited liquidity rights
(including the right of underlying investment vehicles to suspend investor withdrawal rights and/or
to “side pocket” investments), use of high leverage by the underlying collective investment vehicles,
concentration of investment(s), regulatory risks (including without limitation with respect to crypto
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