GLOBAL ALTERNATIVE INVESTMENT MANAGEMENT LLC
WEBSITE DISCLOSURE, TERMS AND CONDITIONS

Effective Date: 8/19/2026

GAIM Website Disclosure

Global Alternative Investment Management LLC (“GAIM,” “Global Alts,” “we,” “us,” or “our”) maintains www.globalalts.com and may maintain other websites and profiles on social media platforms, including LinkedIn, Facebook, and X (formerly Twitter) (collectively, the “Website”). The Website may be accessed through desktop computers, mobile devices, and other Internet-enabled devices. The Website is provided for informational and educational purposes and is intended for persons and entities interested in learning more about GAIM, its investment activities, and investment strategies. Website content should not be construed as personalized investment, legal, tax, accounting, or other professional advice.

Please read this Website Disclosure and the Terms and Conditions below carefully before using the Website or acting on any information made available through it.

GAIM relies upon the investment adviser registration of Endowment Wealth Management, Inc. (“EWM”) pursuant to applicable SEC no-action guidance, including certain no-action letters issued to the American Bar Association. GAIM’s investment advisory activities are conducted under EWM’s registration and are subject to the Investment Advisers Act of 1940, as amended (the “Advisers Act”), and the rules thereunder, including examination by the U.S. Securities and Exchange Commission (the “SEC”). EWM and its representatives are required to comply with applicable federal and state registration, notice-filing, and regulatory requirements.

EWM is registered as an investment adviser with the SEC. Registration with the SEC does not imply any particular level of skill or training and should not be understood as an endorsement of EWM, GAIM, or any investment strategy, private fund, product, or service.

The Website is limited to the dissemination of general information and educational content. Publication of content on the Website should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation concerning any security, private fund interest, investment strategy, or financial product. Any offer or solicitation relating to an investment vehicle sponsored, advised, or managed by GAIM will be made only through the applicable private placement memorandum, subscription agreement, limited partnership agreement, operating agreement, investment management agreement, and other applicable governing or offering documents (collectively, the “Offering Documents”), and only to persons who satisfy applicable eligibility requirements and in jurisdictions where the offer or solicitation is permitted by law.

Any direct communication by GAIM with a prospective investor will be conducted by a person who is appropriately registered or who qualifies for an applicable exemption or exclusion from registration in the jurisdiction where the prospective investor resides. Information regarding EWM’s registration status is available from the SEC and applicable state securities regulators. EWM’s current Form ADV and related disclosure documents may be reviewed through the SEC’s Investment Adviser Public Disclosure website.

GAIM does not make any representation or warranty regarding the accuracy, timeliness, suitability, completeness, or relevance of information prepared by an unaffiliated third party, whether linked to the Website, incorporated into Website content, or distributed through electronic communications. Such information is provided solely for informational and convenience purposes. Users should independently evaluate such information.

Past performance is not indicative of future results. No investor or prospective investor should assume that the future performance of any investment, private fund, strategy, security, or product referenced directly or indirectly on the Website will be profitable, will equal any historical or indicated level of performance, or will avoid losses. Investments involve varying degrees of risk, and there can be no assurance that any investment or strategy will be suitable or profitable for any investor.

Any index results presented on the Website are provided for informational or comparison purposes only. An investor cannot invest directly in an index. Historical index or category performance generally does not reflect transaction costs, custody charges, investment management fees, carried interest or performance allocations, taxes, or other expenses that would reduce an investor’s actual returns.

Certain portions of the Website, including newsletters, articles, commentaries, videos, social-media posts, and links to third-party content, may discuss positions, views, or recommendations as of a particular date. Because market, economic, regulatory, and other conditions change, such discussions may no longer reflect current

positions or views. No investor or prospective investor should treat such content as personalized advice or as a substitute for advice from qualified investment, legal, tax, or accounting professionals.

GAIM is not a law firm or accounting firm, and no Website content should be interpreted as legal, accounting, or tax advice.

The Website and GAIM’s electronic communications may contain links to articles or other materials prepared by unaffiliated third parties. GAIM does not necessarily endorse or approve such materials and is not responsible for their content. No third-party material constitutes a recommendation by GAIM to buy, sell, or hold any security, fund interest, financial product, or instrument.

GAIM publishes information based on its opinions, statistical and financial analysis, and research obtained from sources that it believes to be reliable. GAIM does not warrant that such information is complete or accurate. Website content does not take into account any person’s particular investment objectives, financial circumstances, tax status, liquidity needs, or risk tolerance. Users must make independent decisions regarding investments and strategies and should consult qualified professionals when appropriate. Statements and opinions are subject to change without notice, and, except as required by law, GAIM undertakes no obligation to update or correct Website content.

GAIM does not guarantee any specific investment outcome or profit. Any investment or strategy discussed on the Website may lose value. Diversification does not guarantee a profit or protect against loss in a declining market.

At any time, GAIM, EWM, their affiliates, and their respective personnel may hold, purchase, sell, or otherwise have an interest in securities, instruments, funds, or strategies referenced on the Website, whether for Fund accounts or personal accounts, to the extent permitted by applicable law and firm policy. Such persons may express views or take positions that differ from views expressed in Website content.

GAIM does not receive any direct or indirect compensation or other economic benefit from unaffiliated third parties in connection with third-party content published, referenced, or linked on the Website.

Endowment Wealth Management®, Endowment Investment Philosophy®, and Endowment Index® are registered trademarks of Endowment Wealth Management, Inc. All rights reserved.

Social-media follows, likes, reactions, reposts, shares, or similar interactions should not be interpreted as endorsements or testimonials regarding GAIM, EWM, any affiliate, any private fund, or any investment strategy.

GAIM Terms and Conditions

1. Acceptance of Terms

Welcome to the Website of Global Alternative Investment Management LLC. By accessing or using the Website, you agree to be bound by these Terms and Conditions, the applicable privacy policy or policies posted on the Website, and any additional terms presented in connection with particular Website features or services, each as amended from time to time. If you do not agree, you must not access or use the Website.

The content of the Website is published from the United States. Persons who access the Website agree to do so in accordance with applicable law.

2. Conditions of Use

You agree to comply with all applicable laws and regulations, including privacy, intellectual-property, anti-spam, export-control, tax, securities, and other regulatory requirements. Unless GAIM expressly authorizes otherwise, you may use the publicly available Website only for lawful, personal, and non-commercial purposes. You may not interfere with, disrupt, damage, disable, overburden, or impair the Website; attempt to gain unauthorized access to the Website or related systems; introduce malicious code; scrape or harvest data by automated means; impersonate another person; or use the Website in a manner that could expose GAIM or any other person to liability.

3. Terms Governing Fund Investments

The terms governing any investment in a private fund sponsored, advised, or managed by GAIM (each, a “Fund”) are set forth in the applicable Offering Documents and other executed agreements (collectively, the “Governing Documents”). GAIM does not currently offer separately managed accounts or other private-account advisory services.

Prospective investors must carefully review all applicable Governing Documents before making an investment decision. Each investor in a Fund managed by GAIM must be an “accredited investor” as defined under applicable federal securities laws. Depending upon the Fund and its Governing Documents, an investor may also be required to qualify as a “qualified client,” a “qualified purchaser,” or to satisfy other Fund-specific eligibility requirements. Any investment will be accepted only pursuant to the applicable Governing Documents and subject to all applicable legal, regulatory, and contractual requirements.

Nothing on the Website constitutes an offer to sell or a solicitation of an offer to buy any security. Any such offer or solicitation may be made only through the applicable Offering Documents, only by authorized persons, and only in jurisdictions where permitted by law. No person may rely on Website content as a substitute for the applicable Offering Documents.

In the event of a conflict between these Terms and Conditions or Website content and the applicable Governing Documents, the Governing Documents will control with respect to the applicable Fund or investment.

4. Website for Informational and Educational Use Only

The publicly available portions of the Website are provided for informational and educational purposes only and are not intended to provide investment, legal, tax, accounting, or financial-planning advice. You are responsible for your own research, diligence, and decisions. You agree not to rely on the Website as the sole or primary basis for any investment decision.

Website content is general in nature and does not consider your individual circumstances. Receipt of Website content does not create an advisory, fiduciary, client, investor, partnership, agency, or other relationship between you and GAIM, EWM, any Fund, or any affiliate.

5. Investor Eligibility and Restricted Distribution

Interests in Funds managed or advised by GAIM may be offered only to persons who satisfy applicable legal and contractual eligibility standards. Website access does not establish that any person is eligible to invest in a Fund, and GAIM may reject any proposed investment in its sole discretion, subject to applicable law and the Governing Documents.

Offering materials and certain Website content may be confidential, proprietary, or restricted. Such materials may not be reproduced, distributed, or transmitted to any other person except as expressly permitted by GAIM and the applicable Governing Documents.

6. United States Use; Geographic Restrictions

GAIM controls the Website from its offices in Wisconsin, United States of America. The Website is intended primarily for persons located in the United States. GAIM does not represent that the Website or any content, product, service, or investment opportunity is lawful, appropriate, or available in any particular jurisdiction.

Persons who access the Website from outside the United States do so on their own initiative and are responsible for compliance with applicable local law. Access from a jurisdiction where Website content is unlawful is prohibited.

7. Age Requirement

The Website is intended only for persons who are at least 18 years old. By accessing or using the Website, you represent that you are at least 18 years old. Access or use by a person under 18 is unauthorized.

8. Access, Suspension, and Termination

GAIM reserves the right, in its sole discretion and without prior notice, to deny, suspend, restrict, or terminate access to all or any portion of the Website for any lawful reason. GAIM may modify, suspend, or discontinue any Website feature or content at any time.

9. Investment Risks and Performance Information

Investing involves risk, including the possible loss of principal. Private funds and alternative investment strategies may involve substantial risks, including illiquidity, limited transparency, leverage, concentration, valuation uncertainty, conflicts of interest, and restrictions on transfer or withdrawal. An investment may not be suitable for all investors.

GAIM makes no representation regarding the likelihood that any actual, target, projected, model, back-tested, or hypothetical investment will achieve a particular outcome or perform in a predictable manner. Historical return information does not guarantee future results and may not represent the experience of any particular investor. Returns may vary materially among investors and periods.

Any performance information is subject to the specific assumptions, limitations, disclosures, calculation methodologies, fees, expenses, and other qualifications accompanying it. No representation is made that any investment will achieve profits or losses similar to those shown, or that significant losses will be avoided.

Index and third-party performance information may be compiled from independent market quotations, data vendors, index providers, or other third-party sources. GAIM believes such sources to be reliable but does not guarantee their accuracy, completeness, or timeliness.

10. Forward-Looking Statements

Website content may contain forward-looking statements, opinions, estimates, projections, targets, expectations, or forecasts. These statements are based on assumptions and judgments made as of the date stated and are subject to known and unknown risks, uncertainties, and other factors. Actual outcomes may differ materially. GAIM undertakes no obligation to update forward-looking statements except as required by law.

11. No Warranties

THE WEBSITE, ALL CONTENT, AND ALL SERVICES OR MATERIALS MADE AVAILABLE THROUGH THE WEBSITE ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMITTED BY LAW, GAIM DISCLAIMS ALL WARRANTIES, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, SECURITY, COMPLETENESS, ACCURACY, RELIABILITY, AND TIMELINESS.

GAIM does not warrant that the Website will be uninterrupted, timely, secure, error-free, free of viruses or other harmful components, or that defects will be corrected. GAIM specifically disclaims any general duty to update Website content. You are responsible for evaluating the accuracy, reliability, timeliness, and completeness of information available through the Website and use it at your own risk.

Some jurisdictions do not allow the exclusion of certain warranties, so some exclusions may not apply to you.

12. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY LAW, NEITHER GAIM NOR EWM, ANY FUND, ANY AFFILIATE, NOR ANY OF THEIR RESPECTIVE MEMBERS, PARTNERS, MANAGERS, OFFICERS, DIRECTORS, EMPLOYEES, REPRESENTATIVES, OR AGENTS WILL BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, EXEMPLARY, PUNITIVE, OR CONSEQUENTIAL DAMAGES, INCLUDING LOST PROFITS, LOST OPPORTUNITY, LOSS OF DATA, COST OF SUBSTITUTE SERVICES, OR BUSINESS INTERRUPTION, ARISING OUT OF OR RELATING TO THE WEBSITE, WEBSITE CONTENT, A LINKED WEBSITE, OR YOUR ACCESS TO OR INABILITY TO ACCESS OR USE ANY OF THEM, REGARDLESS OF THE THEORY OF LIABILITY AND EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

TO THE FULLEST EXTENT PERMITTED BY LAW, THE AGGREGATE LIABILITY OF GAIM AND THE OTHER PERSONS IDENTIFIED ABOVE ARISING OUT OF OR RELATING TO THE WEBSITE WILL NOT EXCEED ONE HUNDRED U.S. DOLLARS ($100).

If you are dissatisfied with the Website, its content, or these Terms and Conditions, your sole and exclusive remedy is to stop using the Website. Some jurisdictions do not permit certain exclusions or limitations, in which case liability will be limited to the greatest extent permitted by law.

Nothing in these Terms and Conditions waives, limits, or modifies any right or remedy that cannot lawfully be waived, limited, or modified under applicable federal or state securities laws.

13. Indemnification

To the fullest extent permitted by law, you agree to indemnify, defend, and hold harmless GAIM, EWM, each Fund, their affiliates, and their respective members, partners, managers, officers, directors, employees, representatives, and agents from and against claims, liabilities, losses, damages, judgments, costs, and expenses, including reasonable attorneys’ fees, arising out of or relating to your violation of these Terms and Conditions, your misuse of the Website, your violation of law, or your infringement of another person’s rights.

GAIM reserves the right, at your expense, to assume the exclusive defense and control of any matter subject to indemnification. You agree to cooperate reasonably with that defense. Nothing in this section affects any non-waivable statutory right.

14. External Links and Third-Party Content

The Website may link to information, websites, applications, software, or content belonging to or originating from unaffiliated third parties. Links may be provided as a courtesy or because GAIM believes the material may be relevant or useful. Third-party materials may be governed by terms, privacy practices, and policies that differ from those applicable to the Website.

GAIM does not control and is not responsible for third-party sites or content, including their accuracy, reliability, security, legality, offensiveness, opinions, or privacy practices. A link does not imply endorsement, approval, sponsorship, or affiliation. If you access third-party content, you do so at your own risk and should review the applicable third-party terms and policies.

15. Electronic Communications

When you communicate with GAIM electronically or use the Website, you consent to receive communications electronically to the extent permitted by law. Electronic communications may not be secure, may be delayed, and may contain errors. You should not transmit confidential, sensitive, or time-critical information through unsecured channels.

16. Proprietary Rights and Permitted Use

The Website contains proprietary information protected by United States and international copyright, trademark, trade-secret, and other intellectual-property laws. Except as expressly authorized by GAIM or the applicable rights holder, you may not copy, reproduce, publish, distribute, display, transmit, sell, license, modify, create derivative works from, frame, scrape, archive, or commercially exploit Website content, in whole or in part.

You may view publicly available Website content, download individual pages for your personal records, and print reasonable copies for personal, non-commercial use, provided that you do not remove copyright, trademark, or other proprietary notices. You may not access the Website through any interface or means other than those provided or expressly authorized by GAIM.

Other product, service, and company names appearing on the Website may be trademarks of their respective owners. All rights not expressly granted are reserved.

17. Privacy

GAIM’s collection, use, and protection of personal information are addressed in the privacy notices and policies posted on the Website or otherwise provided to applicable persons. By using the Website, you acknowledge that Internet transmissions and electronic storage cannot be guaranteed to be completely secure.

18. Governing Law and Forum

These Terms and Conditions and your use of the Website are governed by the laws of the State of Wisconsin and applicable federal law, without regard to conflict-of-law principles. To the extent a dispute is not governed by a separate written agreement containing a different dispute-resolution provision, you irrevocably consent to the exclusive jurisdiction of the state and federal courts located in or having jurisdiction over Outagamie County, Wisconsin, and waive objections based on venue or inconvenient forum.

19. Arbitration and Class Action Waiver for Website-Related Disputes

Any claim or dispute arising out of or relating solely to the Website, Website content, or these Terms and Conditions shall, to the fullest extent permitted by law, be resolved by final and binding arbitration before a single neutral arbitrator. The arbitration shall be seated in Outagamie County, Wisconsin, and governed by the Federal Arbitration Act. The arbitrator shall be selected by mutual agreement of the parties; if the parties cannot agree, either party may request appointment of the arbitrator by a court of competent jurisdiction as permitted by applicable law. Judgment on the arbitration award may be entered in any court having jurisdiction. By accessing or using the Website, you agree to the terms of this Class Action Waiver. To the fullest extent permitted by law, any claim, action, or proceeding arising out of or relating solely to the Website, Website content, or these Terms and Conditions shall be limited to the dispute between GAIM and you individually. (i) No such proceeding shall be joined with any other proceeding; (ii) there is no right or authority for any such dispute to be brought, maintained, or resolved on a class-action, collective-action, or consolidated basis or through class-action procedures; and (iii) there is no right or authority for any such dispute to be brought in a purported representative capacity on behalf of the general public or any other person. You agree that you may bring claims against GAIM concerning the Website, Website content, or these Terms and Conditions only in your individual capacity and not as a plaintiff or class member in any purported class, collective, consolidated, or representative proceeding. This Class Action Waiver does not apply to disputes concerning an investment in any Fund or rights or obligations arising under any Governing Document, and it does not waive or limit any right or remedy that cannot lawfully be waived under applicable federal or state securities laws.

20. No Waiver; Severability

A waiver of any provision of these Terms and Conditions will not constitute a waiver of any other provision or a continuing waiver of the same provision. If any provision is determined to be invalid, illegal, or unenforceable, it will be enforced to the maximum extent permitted, and the remaining provisions will remain in full force and effect.

21. Changes to the Website and Terms

GAIM may revise these Terms and Conditions by posting an updated version on the Website. Changes become effective when posted unless otherwise stated. Your continued use of the Website after changes are posted constitutes acceptance of the revised Terms and Conditions. If you do not agree, you must stop using the Website. Website information may change without notice.

22. Assignment

You may not assign or transfer these Terms and Conditions, by operation of law or otherwise, without GAIM’s prior written consent. Any prohibited assignment is void. GAIM may assign these Terms and Conditions or any rights or obligations under them, in whole or in part, to the extent permitted by law.

23. Complete Agreement

Except as expressly provided in a separate legal notice, privacy policy, Governing Document, or other written agreement, these Terms and Conditions constitute the entire agreement between you and GAIM regarding your use of the Website and supersede prior or contemporaneous communications concerning that use. The Governing Documents control with respect to any Fund investment.