BHAM is regulated by the Financial Conduct Authority (“FCA”) and its sole business is to provide asset management services to the investment funds it is appointed to manage. BHAM does this in line with its regulatory obligations and to the highest professional standard.

The BH Entities have non-UK affiliates in Jersey, Geneva, Lisbon, New York, Austin, Paris, Hong Kong, Cayman, Singapore, Chicago, Dubai and Abu Dhabi; none of which conduct business in the UK. BHAMSL is a corporate member of BHAM and provides services directly to BHAM. The financial year-end of both BHAM and BHAMSL is 31 March 2024.

As a supplier of asset management services, Brevan Howard operates in a sector which is at relatively low risk of modern slavery occurring. Furthermore, the majority of the countries in which the BH Entities’ wider group operates are not ranked as high risk by the Global Slavery Index, and we do not have an extensive supply-chain. However, the BH Entities remain alert to the risk, as shown by its ongoing commitment to combatting modern slavery.

It is the policy of the BH Entities to ensure its business and supply chains are free from modern slavery and human trafficking.

The BH Entities’ HR Department carries out thorough checks in line with best practice and regulatory requirements before we employ a new member of staff and all of the BH Entities’ staff are subject to a range of protective policies, including:

The BH Entities only deal with suppliers of goods and services they believe to be reputable and carry out risk-based due diligence on its suppliers.

The BH Entities conducted a risk-based review of their suppliers. The main criteria used to evaluate suppliers included the origin of manufacture, the nature of services provided and the location where services are provided from. Where appropriate, the BH Entities undertook checks to confirm if identified suppliers have been named on international watch lists or have negative press associated with their business which may be relevant. The suppliers within scope of this review were able to demonstrate knowledge of the Act and their resulting obligations.

Modern slavery checks have been incorporated into the onboarding process for suppliers within scope of the Act, to confirm whether these suppliers have been named on international watch lists or associated with negative press and to ensure that they can demonstrate knowledge of the Act and their resulting obligations.

The BH Entities will continue to monitor potential risk areas identified in their supply chains.

The BH Entities expect their suppliers to adopt the same standards they meet themselves and will not deal with any organisation that they believe may be connected with slavery in any way.

The BH Entities’ senior managers who are responsible for sourcing goods and services are aware of the need to be vigilant regarding the risk of modern slavery.

BHAM is also subject to the wider Responsible Investment Policy in relation to its investment management activities.

The BH Entities will review the steps taken so far to identify any gaps and consider the effectiveness of its approach and to evaluate whether any aspect can be improved.

Furthermore, the BH Entities encourage employees to report any potential instances of modern slavery to management or externally through the Whistleblowing Policy.

Signed by:

We will process personal data that you give to us including when you email us or contact us through various channels as follows:

We may do the following with your personal data:

Also, we may collate, process and share any statistics based on an aggregation of information held by us provided that any individual is not identified from the resulting analysis and the collation, processing and dissemination of such information is permitted by law.

We rely on the following legal grounds to process your personal data, namely:

The data protection laws in jurisdictions such as Israel do not recognise all of the above legal grounds to process personal data and for these jurisdictions, we process your personal data based on your consent or as may be required by applicable laws.

You are not required by law to provide your personal data, or to agree to all the terms of this privacy notice. Where we need to collect your personal data by law, under the terms of a contract we have with you or based on our legitimate interest, and you choose not to give us the personal data, it may delay or prevent us from meeting our obligations and providing our services to you.

We may share your personal data to other members of the Brevan Howard group for the purposes described above. We will take steps to ensure that the personal data is accessed only by group employees that have a need to do so for the purposes described in this privacy notice.

We may also share your personal data with third parties outside the firm. These groups or individuals may include:

Categories of personal data we disclose: in the preceding 12 months, the only category of personal data we have disclosed are Identifiers and Professional or employment-related information.

Categories of personal data we sell: in the preceding 12 months, we have not sold any personal data for business purposes.

The personal data that we collect from you may be transferred to, and stored at, a destination outside of the jurisdiction in which it was originally collected (“Relevant Location”). It may also be stored and processed by other companies and/or third parties in other countries, which may include destinations outside of the Relevant Location.

Jurisdictions outside the Relevant Location to which your personal data may be transferred include the EU, EEA, UK and USA; countries where Brevan Howard is incorporated (as listed on our website), where your or our representatives are located and/or where a financial instrument you trade is listed or traded.

Where your personal data is transferred outside of the Relevant Location, we will ensure that it is protected in a manner that is consistent with how your personal data will be protected by us in the Relevant Location. This can be done in a number of ways, for instance, as applicable:

In other circumstances the law may permit us to otherwise transfer your personal data outside the Relevant Location. In all cases, however, we will ensure that any transfer of your personal data is compliant with the relevant data protection law.

You can obtain more details about the protection given to your personal data when it is transferred outside the Relevant Location (including a copy of the relevant contractual clauses entered into with recipients of your personal data, if any) by contacting us using the details set out below.

How long we hold your personal data for will vary and will depend principally on:

We take reasonable security measures to protect against unauthorised access to, or unauthorised alteration, disclosure or destruction of personal data. Such measures include the following:

You have a number of legal rights in relation to the personal data. These rights may (depending on where your personal data is located) include:

You can exercise your rights in line with applicable law in the relevant location by contacting us using the details set out below. However, please note that these rights are conditional and are not always absolute rights.

You can exercise your rights in line with applicable law in the relevant location by contacting us using the details set out below. However, please note that these rights are conditional and are not always absolute rights.

You can contact us using the contact details at the end of this privacy notice if you have any concerns about how we have handled your personal data or to exercise your rights in line with applicable law in the Relevant Location. However, please note that these rights are conditional and are not always absolute rights. If you are not satisfied with the manner in which we have dealt with your complaint, you may contact the relevant data protection authority in your jurisdiction. These may include (but are not limited to):

UK: by contacting the Information Commissioner’s Office at ico.org.uk.

EU: by contacting the relevant data protection authority in the applicable EU Member State. For more information, please search the website at edpb.europa.eu

Cayman Islands: by contacting the Cayman Islands’ Ombudsman. For more information, please search their website at ombudsman.ky

Jersey: by contacting the Jersey Office of the Information Commissioner. For more information, please search their website at www.jerseyoic.org

DIFC: by contacting the DIFC Commissioner of Data Protection. For more information, please search their website at difc.ae/data-protection

ADGM: by contacting the ADGM Office of Data Protection. For more information, please search their website at adgm.com

Singapore: by contacting the Personal Data Protection Commission. For more information, please search their website at https://www.pdpc.gov.sg/

Switzerland: by contacting the Federal Data Protection and Information Commissioner (FDPIC) at edoeb.admin.ch/edoeb/en/home

Israel: by contacting the Israeli Protection of Privacy Authority. For information, please search their website at https://www.gov.il/he/departments/the_privacy_protection_authority/govil-landing-page

If you would like further information on the collection, use, disclosure or processing of your personal data or the exercise of any of the rights listed above, please contact us at [email protected].

This Annex shall apply to the personal data of individuals residing in California ensuring compliance with the California Consumer Privacy Act 2018.

“CCPA” means the California Consumer Privacy Act of 2018, Cal. Civil Code § 1798.100 et seq. and its implementing regulations.

“Sensitive Personal Information” means personal information that reveals (a) consumer’s Social Security or other state identification number; (b) a consumer’s account log-in, financial account, debit card, or credit card number in combination with any required security or access code, password, or credentials allowing access to an account; (c) consumer’s geolocation; (d) consumer’s racial or ethnic origin, religious or philosophical beliefs, or union membership; (e) the contents of a consumer’s mail, email, or text messages, unless the business is the intended recipient of the communication; and (f) consumer’s genetic data. In addition, “sensitive personal information” includes processing of biometric information for purposes of identifying a consumer; personal information collected and analysed concerning a consumer’s health, and personal information collected and analysed concerning a consumer’s sex life or sexual orientation.

“Service Provider” has the same meaning as set forth in the CCPA, which in general means a for-profit legal entity to whom we disclose Personal Information for processing on our behalf for a “business purpose” (as defined in the CCPA) pursuant to a written contract.

“Third-Party Business” means any third party unaffiliated with us to whom we disclose personal data, including clients or partners who advertise, market and sponsor their goods and services, consumer data suppliers and resellers, data enrichment providers and aggregators, social media and social networking services, advertisers, and any other businesses that assist us with our Services.

Special notification for California residents — your California privacy rights

California residents have the following rights under the CCPA:

We will not discriminate against you for exercising your rights under the CCPA. We may take reasonable steps to verify your identity before fulfilling your request to know or delete. For example, we may seek to establish your identity by matching information that you submit alongside your request with information that we have on our records. We may also ask for supplemental information as needed to establish your identity. An agent may submit a request on your behalf, but you must verify that your agent is authorized to do so. You may send your request for access to that personal data or request deletion by email to [email protected].

California's “Shine the Light” law, California Civil Code §1798.83, gives California customers the right to prevent our disclosure of their personal data to third parties for those third parties’ direct marketing purposes, and requires certain businesses to respond to requests from California customers asking about the business' practices related to disclosing personal data to third parties for the third parties' direct marketing purposes. Please submit such requests using the contact information above.

California privacy rights requests must include the reference “Request for California Privacy Information” in the subject line, and in the body of the message, and must include an email address or mailing address that we may use for the response. We reserve the right not to respond to requests submitted other than as specified above.

You have the right to request that we delete any of your personal data that we collected from you and retained, subject to certain exceptions. Once we receive and confirm your verifiable consumer request, we will delete (and direct our Service Providers to delete) your personal data from our records, unless an exception applies. We may deny your deletion request if retaining the information is necessary for us or our Service Provider(s) to:

We endeavour to respond to a verifiable consumer request within forty-five (45) days of its receipt. If we require more time (up to 90 days), we will inform you of the reason and extension period in writing. We will deliver our written response by mail or electronically, at your option.

Any disclosures we provide will only cover the 12-month period preceding the verifiable consumer request's receipt. The response we provide will also explain the reasons we cannot comply with a request, if applicable. For data portability requests, we will select a format to provide your personal data that is readily useable and should allow you to transmit the information from one entity to another entity without hindrance.

We do not charge a fee to process or respond to your verifiable consumer request unless it is excessive, repetitive, or manifestly unfounded. If we determine that the request warrants a fee, we will tell you why we made that decision and provide you with a cost estimate before completing your request.

The Fund is a data controller in respect of your personal data for the purposes of applicable data protection law, such as the European Union’s General Data Protection Regulation 2016/679 and national implementing legislation, UK GDPR (which is the retained EU law version of the General Data Protection Regulation), the UK Data Protection Act 2018, the Swiss Data Protection Act, the Cayman Islands Data Protection Act (As Revised), the Data Protection (Jersey) Law 2018, Dubai International Financial Centre (“DIFC”) Data Protection Law No.5 of 2020, Abu Dhabi Global Market (“ADGM”) Data Protection Regulations 2021, the Personal Data Protection Act 2012 of Singapore (in which case, we are an ‘organisation’ for purposes of such law), the California Consumer Privacy Act 2018 and Israeli Protection of Privacy Law 1981 together with all laws and regulations supplementing, amending or replacing the same. The Fund is responsible for ensuring that it uses your personal data in compliance with data protection law.

The relevant administrator of the Fund is a data processor (or ‘data intermediary’, as the case may be) in respect of your personal data for the purposes of data protection law and will generally process personal data provided to it in connection with an investment in the Fund in accordance with the Fund’s instructions, and the Fund will generally act as the data controller (or the ‘organisation’, as the case may be) of any such personal data.

This privacy notice applies to you if (i) you are an applicant for shares in the Fund, (ii) your personal data has been provided to the Fund in connection with an application for shares in the Fund by another person (such as where you are a director, partner, trustee, employee, agent or direct or indirect owner of an applicant) or (iii) the Fund otherwise uses your personal data. This privacy notice sets out the basis on which personal data about you will be processed by the Fund, as well as your rights in relation to the processing of your personal data and how you can contact us in order to exercise your rights. Please take the time to read and understand this privacy notice.

The Fund might process the following personal data about you:

(a) Information provided to the Fund by you or (if different) the applicant: This might include your name and address (including proofs of name and address), contact details, date of birth, gender, nationality, photograph, signature, occupational history, job title, income, assets, other financial information, bank details, investment history, tax residency and tax identification information. Such information might be provided in an application form or in other documents (as part of an application process or at other times), face-to-face, by telephone, by email or otherwise.

(b) Information that the Fund collects or generates: This might include information relating to your (or an applicant’s) investment in the Fund, emails (and related data), call recordings and website usage data.

(c) Information that the Fund obtains from other sources: This might include information obtained for the purpose of the Fund’s know-your-client procedures (which include anti-money laundering procedures, counter-terrorist financing procedures, politically-exposed-person checks, sanctions checks, among other things), information from public websites and other public sources and information received from the applicant’s advisers or from intermediaries.

Your personal data may be stored and processed by the Fund for the following purposes:

(a) Assessing and processing applications for shares in the Fund and other share dealings, including performing know-your-client procedures, issuing and redeeming shares, receiving payments from and making payments to the applicant, calculating net asset value, and overseeing these processes.

(b) General business administration, including communicating with investors, communicating with service providers and counterparties, accountancy and audit services, risk monitoring, the administration of IT systems and monitoring and improving products.

(c) Compliance with legal and regulatory obligations and industry standards, including know-your-client procedures, the automatic exchange of tax information and legal judgments.

(d) In respect of information shared with the Brevan Howard Capital Management L.P. acting by its sole general partner Brevan Howard Capital Management Limited (the “Manager”) and its affiliates, their business activities relating to the Fund, such as investor relations, discussions with the Fund’s service providers and counterparties, decision-making in relation to the Fund, and business strategy, development and marketing.

The Fund is entitled to process your personal data in these ways for the following reasons:

(a) If you are the applicant, you may enter into an investment contract with the Fund and some processing will be necessary for the performance of that contract, or will be done at your request prior to entering into that contract.

(b) Processing may be necessary to discharge a relevant legal or regulatory obligation.

(c) The processing will, in all cases, be necessary for the legitimate business interests of the Fund, the Manager, the Fund’s administrator or another person, such as:

(i) carrying out the ordinary or reasonable business activities of the Fund, the Manager, the Fund’s administrator or other persons, or other activities previously disclosed to the Fund’s investors or referred to in this privacy notice;

(ii) ensuring compliance with all legal and regulatory obligations and industry standards, and preventing fraud;

(iii) establishing, exercising or defending legal rights or for other purposes relating to legal proceedings; and

(iv) ensuring the security of information systems.

(d) In respect of any processing of sensitive personal data falling within special categories, such as any personal data relating to the political opinions of a politically exposed person, the processing will be subject to additional safeguards.

The data protection laws in jurisdictions such as Israel do not recognise all of the above legal grounds to process personal data and for these jurisdictions, the Fund processes your personal data based on your consent or as may be required by applicable laws.

You are not required by law to provide your personal data, or to agree to all the terms of this privacy notice. Where we need to collect your personal data by law, under the terms of a contract we have with you or based on our legitimate interest, and you choose not to give us the personal data, it may delay or prevent us from meeting our obligations and providing our services to you.

The Fund may from time to time, in accordance with the purposes described above, disclose your personal data to other parties, including (a) the Manager and its affiliates, (b) the Fund’s administrator and its affiliates, (c) professional advisers such as law firms and accountancy firms, (d) other service providers of the Fund, the Manager and the Fund’s administrator, including technology service providers, (e) counterparties, (f) courts and regulatory, tax and governmental authorities, and (g) prospective buyers of the Brevan Howard business for due diligence purposes. Some of these persons will process your personal data in accordance with the Fund’s instructions and others will themselves be responsible for their use of your personal data. These persons may be permitted to further disclose the personal data to other parties.

The personal data that the Fund collects from you may be transferred to, and stored at, a destination outside of the jurisdiction in which it was originally collected (“Relevant Location”). It may also be stored and processed by other companies and/or third parties in other countries, which may include destinations outside of the Relevant Location.

Jurisdictions outside the Relevant Location to which your personal data may be transferred include the EU, EEA, UK and USA; countries where Brevan Howard is incorporated (as listed on our website), where your or our representatives are located and/or where a financial instrument you trade is listed or traded.

Where your personal data is transferred outside of the Relevant Location, the Fund will ensure that it is protected in a manner that is consistent with how your personal data will be protected by the Fund in the Relevant Location. This can be done in a number of ways, for instance, as applicable:

• the country that the Fund sends the data to might be approved by the data protection authority in the Relevant Location as offering an adequate level of protection for your personal data; or
• the recipient might have signed up to a contract based on “model contractual clauses” approved by the data protection authority in the Relevant Location, obliging them to protect your personal data to a standard comparable to that of the Relevant Location.

In other circumstances the law may permit the Fund to otherwise transfer your personal data outside the Relevant Location. In all cases, however, the Fund will ensure that any transfer of your personal data is compliant with the relevant data protection law.

You can obtain more details about the protection given to your personal data when it is transferred outside the Relevant Location (including a copy of the relevant contractual clauses entered into with recipients of your personal data, if any) by contacting the Fund using the details set out below.

The provision of certain personal data is necessary for shares in the Fund to be issued to any applicant and for compliance by the Fund and its service providers with certain legal and regulatory obligations. Accordingly, if certain personal data is not provided when requested, an application for shares might not be accepted or shares might be compulsorily redeemed.

How long the Fund holds your personal data for will vary. The retention period will be determined by various criteria, including the purposes for which the Fund is using it (as it will need to be kept for as long as is necessary for any of those purposes) and legal obligations (as laws or regulations may set a minimum period for which the Fund has to keep your personal data).
We take reasonable security measures to protect against unauthorised access to, or unauthorised alteration, disclosure or destruction of personal data. Such measures include the following:

• We protect our systems and networks from the Internet with Firewall systems.
• We employ intrusion detection software and monitor for unauthorized access.
• We maintain and selectively review activity logs, to prevent unauthorized activities from occurring within our computing environment.
• We use encryption technology to protect certain sensitive information that is transmitted over the Internet.
• We control access to your information inside our company by limiting employee access to systems and data based on business requirements.
• We build information security into our systems and networks by following our information security policies, procedures and standards. These documents are based on internationally respected security standards, applicable laws and regulations, and industry-based 'best practices'.
• We provide information security awareness courses and materials to our employees to ensure they apply our information security standards in the course of their work.

You have a number of legal rights in relation to the personal data that the Fund holds about you. These rights may (depending on where your personal data is located) include the following:

(a) The right to obtain information regarding the processing of your personal data and access to the personal data that the Fund holds about you.

(b) In some circumstances, the right to receive some personal data in a structured, commonly used and machine-readable format and the right to request that the Fund transmits that data to a third party where this is technically feasible. Please note that this right only applies to personal data which you have provided to the Fund.

(c) The right to request that the Fund rectifies your personal data if it is inaccurate or incomplete.

(d) The right to request that the Fund erases your personal data in certain circumstances. Please note that there may be circumstances where you ask the Fund to erase your personal data but the Fund is legally entitled to retain it.

(e) The right to object to, and the right to request that the Fund restricts, its processing of your personal data in certain circumstances. Again, there may be circumstances where you object to, or ask the Fund to restrict, its processing of your personal data but the Fund is legally entitled to continue processing your personal data or to refuse that request.

(f) The right to object to processing for direct marketing purposes.

(g) To object to decisions being taken by automated means which produce legal effects concerning you or similarly significantly affect you.

(h) The right to withdraw your consent where we obtained your consent to process your information (without this withdrawal affecting the lawfulness of any processing that took place prior to the withdrawal).

(i) To not be discriminated against by the Fund when exercising your rights.

(j) The right to lodge a complaint with the data protection regulator (details of which are provided below) if you think that any of your rights have been infringed by the Fund.

You can exercise your rights in line with applicable law in the relevant location by contacting us using the details set out below. However, please note that these rights are conditional and are not always absolute rights.

You can contact the Fund using the contact details at the bottom of this privacy notice if you have any concerns about how the Fund has handled your personal data. If you are not satisfied with the manner in which the Fund has dealt with your complaint, you may contact the relevant data protection authority in your jurisdiction. These may include (but are not limited to):

UK: by contacting the Information Commissioner’s Office at ico.org.uk.

EU: by contacting the relevant data protection authority in the applicable EU Member State. For more information, please search the website at edpb.europa.eu

Cayman Islands: by contacting the Cayman Islands’ Ombudsman. For more information, please search their website at ombudsman.ky

Jersey: by contacting the Jersey Office of the Information Commissioner. For more information, please search their website at www.jerseyoic.org

DIFC: by contacting the DIFC Commissioner of Data Protection. For more information, please search their website at difc.ae/data-protection

ADGM: by contacting the ADGM Office of Data Protection. For more information, please search their website at adgm.com

Singapore: by contacting the Personal Data Protection Commission. For more information, please search their website at https://www.pdpc.gov.sg/

Switzerland: by contacting the Federal Data Protection and Information Commissioner (FDPIC) at edoeb.admin.ch/edoeb/en/home

Israel: by contacting the Israeli Protection of Privacy Authority. For information, please search their website at https://www.gov.il/he/departments/the_privacy_protection_authority/govil-landing-page

If you would like further information on the collection, use, disclosure, transfer or processing of your personal data or the exercise of any of the rights listed above, please address questions and requests to [email protected].

Annex

Cayman Funds

Brevan Howard Fund Limited

Brevan Howard PT Fund Limited

Brevan Howard Master Fund Limited

Brevan Howard Asia Fund Limited

Brevan Howard Asia Master Fund Limited

Brevan Howard Multi-Strategy Fund Limited

Brevan Howard Multi-Strategy Master Fund Limited

Brevan Howard AH Fund Limited

Brevan Howard AH Master Fund Limited

Brevan Howard AS Macro Fund Limited

Brevan Howard AS Macro Master Fund Limited

Brevan Howard Global Volatility Fund Limited

Brevan Howard Global Volatility Master Fund Limited

Brevan Howard MB Macro Fund Limited

Brevan Howard MB Macro Master Fund Limited

Brevan Howard Alpha Strategies Fund Limited

Brevan Howard Alpha Strategies Fund (Cayman No. 2) Limited

Brevan Howard Alpha Strategies Master Fund Limited

Brevan Howard FG Macro Fund Limited

Brevan Howard FG Macro Master Fund Limited

Brevan Howard LB Macro Fund Limited

Brevan Howard LB Macro Master Fund Limited

Brevan Howard TN Macro Fund Limited

Brevan Howard TN Macro Master Fund Limited

Brevan Howard Special Opportunities SPC for the account of each of its segregated portfolios

Brevan Howard Systematic Research & Technologies Master Fund Limited

Brevan Howard Emerging Markets Multi-Strategy Fund Limited

Brevan Howard Emerging Markets Multi-Strategy Fund I Limited

Brevan Howard Emerging Markets Multi-Strategy Master Fund Limited

Machina SIF Fund I Limited

BH Tekmerion Fund Limited

BH Tekmerion Master Fund Limited

BH Alkout Fund Limited

BAL Investments Limited

WCG Strategies Fund Limited

Brevan Howard Strategic Opportunities Fund Limited

Brevan Howard Strategic Macro Master Fund Limited

Brevan Howard Equity Strategies Master Fund Limited

Brevan Howard Emerging Markets Strategies Master Fund Limited

Brevan Howard Digital Asset Multi-Strategy Fund Limited

BH Digital Liquid Trading Fund Limited

BH Digital Liquid Directional Fund Limited

BH Digital Venture Fund Limited

Nova Digital Opportunities Fund Limited

Nova Digital Opportunities Master Fund Limited

BH Digital Asset Fund Limited

BH Digital Asset Fund (I) Limited

BH Digital Asset Master Fund Limited

BH Digital Opportunities Fund I Limited

BH Digital Opportunities Fund I Investments Limited

BHDO I Investments I Limited

BH Digital Liquid Trading UK Vehicle I Limited

BH Digital Liquid Trading UK Vehicle II Limited

BH Digital SPC for the account of each of its segregated portfolios

BHD Solutions SPC for the account of each of its segregated portfolios

Brevan Howard Special Opportunities (II) Limited

Brevan Howard Special Opportunities (III) Limited

Brevan Howard Special Opportunities (IV) Limited

Brevan Howard Special Opportunities (V) Limited

Brevan Howard Special Opportunities (VI) Limited

Brevan Howard Special Opportunities (VII) Limited

Brevan Howard Special Opportunities (VIII) Limited

Brevan Howard Special Opportunities (X) Limited

Brevan Howard Special Opportunities (XI) Limited

Brevan Howard Special Opportunities (XII) Limited

Brevan Howard Special Opportunities (XIV) Limited

Brevan Howard Special Opportunities Master SPC for the account of each of its segregated portfolios

Delaware Funds (each an “LP Fund”)

Brevan Howard L.P.

Brevan Howard PT Fund, L.P.

Brevan Howard Asia Fund L.P.

Brevan Howard Multi-Strategy Fund, L.P.

Brevan Howard AH Fund, L.P.

Brevan Howard AS Macro Fund, L.P.

Brevan Howard MB Macro Fund, L.P.

Brevan Howard LB Macro Fund, L.P.

Brevan Howard Alpha Strategies Fund, L.P.

Brevan Howard Alpha Strategies Fund (Delaware No.2), L.P.

Brevan Howard FG Macro Fund, L.P.

Brevan Howard Emerging Markets Multi-Strategy Fund, LP

BH Tekmerion Fund, L.P.

Brevan Howard Digital Asset Multi-Strategy Fund, L.P.

Nova Digital Opportunities Fund, L.P.

BH Digital Asset Fund, L.P.

BH Digital Venture Fund LP

BH Digital Venture Cayman Blocker LP

BH Digital Liquid Directional Fund LP

BH Digital Liquid Directional Cayman Blocker LP

BH Digital Liquid Trading Cayman Blocker LP

BH Digital Venture Master Fund I LP

BH Digital Venture Master Fund II LP

BH Digital Liquid Directional Master Fund I LP

BH Digital Liquid Directional Master Fund II LP

BH Digital Liquid Trading Master Fund I LP

BH Digital Liquid Trading Master Fund II LP

Delaware LLCs

BH Digital Liquid Directional US Blocker LLC

BH Digital Venture US Blocker LLC

Luxembourg Fund

Coremont Investment Fund – Brevan Howard Absolute Return Government Bond Fund

General Partner

Brevan Howard General Partner Limited in its capacity as general partner of each LP Fund