Disclosures and policies.

Endura Capital Management LLC operates as an “exempt reporting adviser”, as such term is defined in the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and as such is not currently registered as an investment adviser with the Securities and Exchange Commission (the “SEC”). Endura’s status as an exempt reporting adviser does not imply a certain level of skill or training, nor does it imply any endorsement, approval or certification of Endura by the SEC. Endura’s latest Form ADV filing is available via the SEC’s Investment Adviser Public Disclosure website at adviserinfo.sec.gov, or upon request at info@enduracap.com.

This website is intended to be used for informational purposes only, and nothing herein is intended to constitute an offer to sell, or a solicitation of an offer to buy, any security or investment product. Any such offer may be made only pursuant to definitive offering documents provided to qualified purchasers and accredited investors, which offering documents will contain important information regarding risks, fees and expenses associated with making an investment in any such product.

Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. Investments in private funds and emerging-market strategies involve additional risks, including illiquidity, currency risk, and political risk. Nothing on this website constitutes tax, legal, or fiduciary advice; you should consult your own advisers before making any investment decision.

Any references to specific investments, engagements, or portfolio companies are provided for informational purposes only and do not represent all investments made by Endura Capital Management LLC. It should not be assumed that any investment referenced was or will be profitable.

Effective Date: August 29, 2026

Endura Capital Management, LLC (“Endura,” “we,” “us,” or “our”) is committed to protecting the privacy of the personal information entrusted to us. This Privacy Policy describes how we collect, use, disclose, and safeguard information collected through our website at www.enduracap.com and our related online services (collectively, the “Website”).

This Policy applies to visitors to our Website and to prospective clients and investors. It does not apply to nonpublic personal information we collect about our advisory clients and investors in connection with providing financial products and services. That information is governed by our separate Privacy Notice delivered under the Gramm-Leach-Bliley Act, which is provided to clients and investors at the time the relationship is established and thereafter as required. If you are a client or investor and would like an additional copy of that notice, contact us at info@enduracap.com. Where information is subject to both notices, GLBA Privacy Notice governs.

Information We Collect

We collect nonpublic personal information (“Personal Information”) from the following sources:

• Information you provide directly. This includes information you submit when you complete a contact or inquiry form, request information about our firm, subscribe to communications or research distributions, register for an event, or otherwise correspond with us. This may include your name, email address, telephone number, mailing address, employer, job title, professional background, and investor classification information you provide (for example, in response to accreditation or qualification questions). Please do not submit sensitive information — such as Social Security numbers, taxpayer identification numbers, or financial account numbers — through the Website or in unencrypted emails. Our online forms are not intended for the collection of such information.
• Information collected automatically. When you visit the Website, we and our service providers automatically collect certain information about your device and your interaction with the Website, including IP address and approximate location derived from it, browser type and version, operating system and device type, referring and exit URLs, pages viewed, links clicked, time spent on pages, date and time of access, and cookie and device identifiers.
• Information from third parties. We may receive information about you from service providers, professional networking platforms (such as LinkedIn), publicly available sources, and referral sources. Where we combine this information with information collected through the Website, we treat the combined information under this Policy.

How We Use Your Information

We use Personal Information for the following business purposes:

• To provide, administer, and improve our services, including processing transactions and managing your accounts.
• To communicate with you regarding your accounts, transactions, services, and administrative matters.
• To comply with legal, regulatory, tax, accounting, and contractual obligations.
• To detect, prevent, and investigate fraud, security incidents, or other unlawful activity.
• To protect our rights, property, safety, and the safety of our clients and others.
• To evaluate or complete a merger, acquisition, financing, restructuring, or sale of assets.
• To establish, exercise, or defend legal claims.
• For other legitimate business purposes as disclosed to you at the time of collection or with your consent.

Cookies, Analytics, and Tracking Technologies

We and our service providers may use cookies, pixels, tags, web beacons, server logs, and similar technologies to collect information about your interactions with our website and online services. These technologies may be used to:

• Enable website functionality, account access, security, and fraud prevention.
• Understand how visitors use our website and improve website performance.
• Remember your preferences and personalize your experience.
• Measure the effectiveness of marketing campaigns.
• Deliver, measure, and improve advertisements.

Types of Cookies. Our website may use the following categories of cookies:

• Strictly Necessary Cookies. These cookies are essential for the website to function and cannot be disabled. They enable core features such as security, authentication, and accessibility.
• Performance and Analytics Cookies. These cookies help us understand how visitors interact with our website by collecting usage data. We may use tools such as Google Analytics to analyze website traffic and usage patterns. To learn more about how Google uses data, visit Google’s Privacy Policy and How Google uses data when you use our partners’ sites or apps. You may download the Google Analytics Opt-out Browser Add-on for each web browser you use.
• Functional Cookies. These cookies allow us to remember your preferences and provide enhanced features.

Managing Your Cookie Preferences. Most browsers automatically accept cookies. You can modify your browser settings to decline cookies or alert you when cookies are being sent. Please note that disabling cookies may affect the functionality of our website. When you first visit our website, a cookie consent banner will allow you to accept, decline, or manage your cookie preferences.

Do Not Track. We do not currently respond to “Do Not Track” (DNT) signals sent by web browsers.

Disclosure of Personal Information

We do not sell your Personal Information.

We may disclose Personal Information in the following limited circumstances:

• Service providers. We disclose information to vendors that perform services on our behalf, including website hosting, email and marketing platforms, customer relationship management, analytics, IT and security, and professional advisers. These vendors are contractually restricted to using the information only to provide services to us and are required to maintain appropriate safeguards.
• Affiliates. We may disclose information to our affiliated entities for the purposes described in this Policy.
• Corporate transactions. We may disclose information in connection with, or during negotiations of, a merger, acquisition, financing, reorganization, sale of assets, or similar transaction, including in due diligence.
• Legal and regulatory. We may disclose information where required or permitted by applicable law, regulation, subpoena, court order, or request from a regulatory or governmental authority, including the U.S. Securities and Exchange Commission, and where necessary to protect the rights, property, or safety of Endura, our clients, or others.
• With your consent. We may disclose information to third parties where you have directed or consented to the disclosure.

We do not disclose information collected through the Website to third parties for their own independent marketing purposes.

Information Security

We maintain administrative, technical, and physical safeguards designed to protect information collected through the Website against unauthorized access, use, alteration, and disclosure. Access is limited to personnel and service providers who need it to perform their responsibilities, and we review our safeguards periodically.

No method of transmission over the internet or method of electronic storage is completely secure, and we cannot guarantee absolute security. Email sent to us over the internet is not encrypted in transit unless you use a secure channel we provide.

If we determine that a security incident has compromised information subject to applicable breach notification requirements, we will notify affected individuals and regulators as and when required by law.

Data Retention

We retain information collected through the Website only as long as necessary for the purposes described in this Policy. In general:

• Inquiry and contact form submissions: Retained for a reasonable period following last contact.
• Website analytics data: Retained in accordance with our analytics provider’s retention settings.
• Cookie and advertising identifiers: As disclosed in our cookie tool, generally not more than 13 months.
• Records retained under Advisers Act (as defined below) Rule 204-2: Not less than five years from the end of the applicable fiscal year.
• Security and server logs: Retained for a limited period necessary for security and troubleshooting.

Where a longer period is required by law, regulation, or a litigation hold, we retain the information for that longer period.

Sale, Sharing, and Targeted Advertising

We do not sell Personal Information for monetary consideration. We do not currently disclose Personal Information to third parties in a manner that constitutes a “sale” or “sharing” of personal information, or processing for “targeted advertising,” under applicable state privacy laws. If our practices change in the future, we will update this section and provide any opt-out rights required by law.

We do not knowingly sell or share the personal information of consumers under 16 years of age.

Your Rights

Depending on your jurisdiction and applicable law, you may have some or all of the following rights with respect to your Personal Information:

• Right to Access. You may request confirmation of whether we process your Personal Information and obtain a copy of the information we maintain about you.
• Right to Correct. You may request that we correct inaccurate or incomplete Personal Information.
• Right to Delete. You may request that we delete Personal Information we maintain about you, subject to certain exceptions.
• Right to Restrict Processing. You may request that we restrict or limit the processing of your Personal Information in certain circumstances.
• Right to Portability. You may obtain a copy of your Personal Information in a portable and, where technically feasible, readily usable format.
• Right to Opt Out. Where applicable, you may opt out of the sale or sharing of Personal Information, processing for targeted advertising, and profiling in furtherance of decisions producing legal or similarly significant effects. As noted above, we do not currently engage in these activities.
• Right to Limit Use of Sensitive Personal Information. Where we process sensitive Personal Information beyond permitted purposes, you may request that we limit such use.
• Right to Non-Discrimination. We will not discriminate against you for exercising your privacy rights.

Important limitation. Personal information subject to the Gramm-Leach-Bliley Act is exempt from some or all of these state law rights, and in certain states our status as a financial institution exempts us more broadly. These rights therefore apply principally to information collected through the Website from visitors and prospects, and not to client and investor information governed by our GLBA Privacy Notice.

To exercise any of these rights, please contact us at:

Email: info@enduracap.com
Mail: Endura Capital Management, LLC, Attn: Privacy, 1100 W Cermak, Suite 535, Chicago, IL 60608

We will verify your identity before processing certain requests, which may require you to provide additional information. We will respond within the period required by applicable law, generally 45 days, subject to any permitted extension.

Authorized agents. You may designate an authorized agent to submit a request on your behalf. We may require the agent to provide proof of authorization and may require you to verify your own identity directly.

Appeals. If we decline to act on your request, you may appeal by writing to info@enduracap.com with the subject line “Privacy Request Appeal” within 60 days. We will respond to your appeal in writing within the period required by applicable law and will explain the reasons for our decision. If your appeal is denied, you may contact your state Attorney General to submit a complaint.

Promotional Communications

You may unsubscribe from marketing emails using the link in any such message or by contacting us at info@enduracap.com. We may still send you administrative or transactional messages.

Artificial Intelligence and Automated Processing

We do not use information collected through the Website to train artificial intelligence or machine learning models, and we do not permit our service providers to do so.

Changes to This Policy

We may update this Policy from time to time. We will post the revised Policy on the Website and update the “Last Updated” date above. If we make material changes, we will provide additional notice as required by applicable law before the changes take effect. Where required by law, we will obtain your consent before applying materially different processing to information previously collected.

Third-Party Links

Our website or communications may contain links to third-party websites or services that we do not own or control. This Privacy Policy does not apply to those third parties, and we are not responsible for their privacy practices. We encourage you to review the privacy policies of any third-party sites before providing information to them.

Children’s Privacy

The Website is intended for adults and is not directed to children. We do not knowingly collect personal information from individuals under 18. If we learn that we have collected personal information from a child without required consent, we will delete it. If you believe a child has provided us information, contact us at info@enduracap.com.

Jurisdiction and International Visitors

The Website is operated from the United States and is primarily directed to a U.S. audience. However, we recognize that international visitors, including business counterparties and government contacts in the jurisdictions where we operate, may access the Website. This Policy is not intended to subject Endura to the laws or jurisdiction of any country other than the United States solely by reason of the Website being accessible from that country.

We are located in the United States, and information collected through the Website is processed and stored in the United States, where data-protection laws may differ from those of your country of residence. By providing information through the Website, you acknowledge this transfer. If you are located outside the United States and have questions about how your information is handled, please contact us using the information in the Contact Us section below.

Contact Us

If you have any questions about this Privacy Policy or our privacy practices, please contact us at:

Endura Capital Management, LLC
1100 W Cermak, Suite 535, Chicago, IL 60608
Email: info@enduracap.com

For questions about how we handle client and investor information, see our GLBA Privacy Notice or contact us at the address above.

Effective Date: September 1, 2026
Last Updated: September 1, 2026

Acceptance of Terms

Welcome to the website of Endura Capital Management, LLC (“Endura,” “we,” “us,” or “our”), located at www.enduracap.com (the “Website”). By accessing or using the Website, you (“you” or “your”) agree to be bound by these Terms of Use (these “Terms”). If you do not agree to these Terms, you must not access or use the Website.

These Terms constitute a legally binding agreement between you and Endura. Please read them carefully before using the Website. We recommend that you print or save a copy of these Terms for your records.

Eligibility

The Website is intended for use by adults who are at least 18 years of age (or the age of majority in your jurisdiction, if higher). By using the Website, you represent and warrant that you meet this eligibility requirement. The Website is not intended for use by persons in any jurisdiction where access to or use of the Website would violate applicable local law or regulation. You are responsible for compliance with all local laws applicable to your access and use of the Website.

Informational Purposes Only; No Offer of Securities

Endura Capital Management, LLC operates as an “exempt reporting adviser” as such term is defined in the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and as such is not currently registered as an investment adviser with the Securities and Exchange Commission (the “SEC”). Endura’s status as an exempt reporting adviser does not imply a certain level of skill or training, nor does it imply any endorsement, approval, or certification of Endura by the SEC.

The content on this Website is intended to be used for general informational purposes only. Nothing contained on the Website is intended to constitute, and shall not be construed as, an offer to sell or a solicitation of an offer to buy any security, investment product, or other financial instrument, nor shall it constitute investment advice or a recommendation with respect to any security or investment strategy. Any such offer or solicitation may be made only pursuant to definitive offering documents provided to qualified purchasers and accredited investors, which offering documents will contain important information regarding the risks, fees, and expenses associated with making an investment in any such product.

Endura’s latest Form ADV filing is available via the SEC’s Investment Adviser Public Disclosure website at adviserinfo.sec.gov, or upon request at info@enduracap.com.

No Investment Advice; No Fiduciary Duty

Nothing on this Website constitutes investment, financial, tax, legal, accounting, or fiduciary advice. The information presented on the Website is not tailored to the investment objectives, financial situation, or particular needs of any specific person. You should not rely on any content on the Website as a basis for making any investment, financial, tax, legal, or other decision. You should consult your own qualified professional advisers before making any investment decision or taking any action based on information on the Website.

No fiduciary, advisory, or other relationship is created between you and Endura by your access to or use of the Website. Endura does not owe you any duty or obligation as a result of your use of the Website.

Past performance is not indicative of future results. Investing involves risk, including the possible loss of principal. Investments in private funds and emerging-market strategies involve additional risks, including illiquidity, currency risk, and political risk.

Any references to specific investments, engagements, or portfolio companies on the Website are provided for informational purposes only and do not represent all investments made by Endura. It should not be assumed that any investment referenced was or will be profitable.

Intellectual Property

All content on the Website, including but not limited to text, graphics, logos, images, data compilations, software, trademarks, service marks, trade names, and the overall design and arrangement of the Website (collectively, “Content”), is the property of Endura Capital Management, LLC or its licensors and is protected by applicable copyright, trademark, and other intellectual property laws of the United States and international jurisdictions.

You may not reproduce, distribute, modify, create derivative works from, publicly display, publicly perform, republish, download, store, transmit, or otherwise exploit any Content on the Website without Endura’s prior written consent, except that you may print or download a reasonable number of pages of the Website for your own personal, non-commercial, informational use, provided that you retain all copyright and other proprietary notices contained therein.

The Endura name, logo, and all related names, logos, product and service names, designs, and slogans are trademarks of Endura Capital Management, LLC or its affiliates. You may not use such marks without Endura’s prior written permission.

User Conduct

You agree to use the Website only for lawful purposes and in accordance with these Terms. You agree not to:

• Use the Website in any way that violates any applicable federal, state, local, or international law or regulation.
• Use any robot, spider, scraper, data mining tool, or other automated means to access the Website for any purpose, including monitoring or copying any Content.
• Attempt to gain unauthorized access to, interfere with, damage, or disrupt any parts of the Website, the server on which the Website is stored, or any server, computer, or database connected to the Website.
• Introduce any viruses, Trojan horses, worms, logic bombs, or other material that is malicious or technologically harmful.
• Engage in any conduct that restricts or inhibits anyone’s use or enjoyment of the Website, or which, as determined by us, may harm Endura or users of the Website.
• Use the Website to transmit, or procure the sending of, any advertising or promotional material without our prior written consent.
• Attempt to reverse engineer, decompile, disassemble, or otherwise attempt to discover the source code or underlying algorithms of the Website.
• Remove, alter, or obscure any proprietary notice or identification, including copyright, trademark, patent, or other notices displayed on the Website.

Disclaimers; No Warranties

THE WEBSITE AND ALL CONTENT ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ENDURA DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.

ENDURA DOES NOT WARRANT THAT: (A) THE WEBSITE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE; (B) THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE WEBSITE WILL BE ACCURATE OR RELIABLE; (C) THE QUALITY OF ANY CONTENT OBTAINED THROUGH THE WEBSITE WILL MEET YOUR EXPECTATIONS; OR (D) ANY ERRORS IN THE WEBSITE WILL BE CORRECTED.

While Endura endeavors to keep information on the Website current and accurate, Endura makes no representation or warranty as to the completeness, accuracy, reliability, suitability, or timeliness of any Content. Any reliance you place on such Content is strictly at your own risk.

Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL ENDURA, ITS AFFILIATES, OR THEIR RESPECTIVE MEMBERS, MANAGERS, OFFICERS, EMPLOYEES, AGENTS, PARTNERS, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR IN CONNECTION WITH: (A) YOUR ACCESS TO OR USE OF, OR INABILITY TO ACCESS OR USE, THE WEBSITE; (B) ANY CONDUCT OR CONTENT OF ANY THIRD PARTY ON OR RELATED TO THE WEBSITE; (C) ANY CONTENT OBTAINED FROM THE WEBSITE; OR (D) UNAUTHORIZED ACCESS, USE, OR ALTERATION OF YOUR TRANSMISSIONS OR CONTENT, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), STATUTE, OR ANY OTHER LEGAL THEORY, WHETHER OR NOT ENDURA HAS BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE.

ENDURA’S TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THE WEBSITE OR THESE TERMS SHALL NOT EXCEED ONE HUNDRED DOLLARS ($100.00).

SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF CERTAIN WARRANTIES OR LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, SO THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU. IN SUCH JURISDICTIONS, ENDURA’S LIABILITY IS LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW.

Indemnification

You agree to defend, indemnify, and hold harmless Endura Capital Management, LLC, its affiliates, and their respective members, managers, officers, employees, agents, and representatives from and against any and all claims, damages, obligations, losses, liabilities, costs, and expenses (including but not limited to reasonable attorneys’ fees) arising from or related to: (a) your use of the Website; (b) your violation of these Terms; (c) your violation of any applicable law or regulation; or (d) your violation of any third party’s rights, including any intellectual property or privacy rights.

Third-Party Links

The Website may contain links to third-party websites or resources that are not owned or controlled by Endura. These links are provided for your convenience only. Endura has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third-party websites or services. You acknowledge and agree that Endura shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods, or services available on or through any such third-party websites or services.

We strongly encourage you to read the terms of use and privacy policies of any third-party websites that you visit.

Privacy

Your use of the Website is also governed by our Privacy Policy, which is available at www.enduracap.com and is incorporated into these Terms by reference. By using the Website, you consent to the collection, use, and disclosure of your information as described in the Privacy Policy. Please review the Privacy Policy carefully to understand our practices regarding your information.

For information about how we use cookies and similar technologies, please refer to the “Cookies, Analytics, and Tracking Technologies” section of our Privacy Policy. You may manage your cookie preferences through the cookie preferences link available in the Website footer.

Modifications to These Terms

Endura reserves the right to revise, amend, or update these Terms at any time in its sole discretion. Any changes will be effective immediately upon posting the revised Terms on the Website, with the “Last Updated” date updated accordingly. Your continued use of the Website after the posting of revised Terms constitutes your acceptance of such changes. You are responsible for reviewing these Terms periodically to stay informed of any updates. If you do not agree to the revised Terms, you must discontinue your use of the Website.

Governing Law and Dispute Resolution

These Terms and any dispute or claim arising out of or in connection with them, their subject matter, or their formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of the State of Illinois, without giving effect to any choice or conflict of law provision or rule.

Any legal action, suit, or proceeding arising out of or relating to these Terms or the Website shall be instituted exclusively in the federal courts of the United States or the courts of the State of Illinois, in each case located in Cook County, Illinois. You irrevocably submit to the exclusive jurisdiction of such courts in any such action, suit, or proceeding and waive any objection to the laying of venue in such courts, including on the basis of forum non conveniens.

Severability

If any provision of these Terms is held by a court or other tribunal of competent jurisdiction to be invalid, illegal, or unenforceable for any reason, such provision shall be eliminated or limited to the minimum extent such that the remaining provisions of these Terms will continue in full force and effect.

Entire Agreement

These Terms, together with the Privacy Policy and any other legal notices or disclaimers published by Endura on the Website, constitute the entire agreement between you and Endura with respect to your access to and use of the Website and supersede all prior or contemporaneous understandings, agreements, representations, and warranties, both written and oral, regarding the Website.

Waiver

No waiver by Endura of any term or condition set out in these Terms shall be deemed a further or continuing waiver of such term or condition or a waiver of any other term or condition, and any failure of Endura to assert a right or provision under these Terms shall not constitute a waiver of such right or provision.

International Visitors

The Website is operated from the United States and is primarily directed to a U.S. audience. However, Endura recognizes that international visitors, including business counterparties and government contacts in the jurisdictions where Endura operates, may access the Website. The availability of the Website from countries outside the United States does not constitute an offer or solicitation in any jurisdiction where such offer or solicitation would be unlawful, and the Website is not intended to subject Endura to the laws or jurisdiction of any country other than the United States solely by reason of the Website being accessible from that country.

If you access the Website from outside the United States, you do so at your own initiative and are responsible for compliance with applicable local laws. Nothing in these Terms or on the Website constitutes or is intended to constitute an offer, solicitation, or marketing of Endura’s services in any jurisdiction where such activity would require registration, licensing, or other authorization that Endura has not obtained.

Contact Information

If you have any questions about these Terms of Use, please contact us at:

Endura Capital Management, LLC
1100 W Cermak, Suite 535, Chicago, IL 60608
Email: info@enduracap.com
Website: www.enduracap.com