Acme: investment adviser

ACME is a venture capital firm which primarily provides investment advice on and manages investments in emerging technology-enabled companies at various stages of development from company founding to late/growth stage (“Portfolio Companies”). The activities of each Fund are governed by a limited partnership agreement or limited liability company agreement that specifies the investment guidelines and investment restrictions applicable to such Fund and, as applicable, confidential private placement memorandum or other offering documents (collectively, the “Governing Documents”). ACME, together with the Advisory Affiliates, provides investment management and/or investment supervisory services. Typically, ACME manages each Fund’s investments pursuant to the applicable Governing Documents. Each Advisory Affiliate retains management authority over the business and affairs of the Fund for which it serves as general partner or managing member, but delegates its investment discretion to ACME. ACME offers investment advice solely with respect to the investments made by the Funds. Such services consist of investigating, identifying, and evaluating investment opportunities, structuring, negotiating, and making investments on behalf of the Funds, managing and monitoring the performance of such investments, and disposing of such investments. ACME and certain of its Advisory Affiliates have offered co-investment opportunities (directly and indirectly) to existing investors, ACME employees and key persons, and outside parties pursuant to the terms of the applicable Governing Document. ACME and/or the Advisory Affiliates will allocate the available co-investment as determined in their sole discretion. There is no guarantee for any investor in a Fund (each an “Investor” and

collectively, the “Investors”) that it will be offered co-investment opportunities. All decisions regarding whether and to whom to offer co-investment opportunities are made in the sole discretion of ACME and/or the Advisory Affiliates subject to any restrictions contained in the Governing Documents of the relevant Fund. Please note, as a venture capital firm (and unlike a private equity firm), ACME typically has no control over the timing and execution of co-investment opportunities. In determining allocations of co-investment opportunities, ACME may take into account any facts or circumstances it deems appropriate in its sole discretion, including, without limitation: (a) the size of the prospective co-investor’s investment in the Fund and any other funds advised or managed by ACME or an affiliate thereof, if any; (b) the prospective co- investor’s provision of services to the Fund; (c) the prospective co-investor’s potential benefit to the Funds’ activities or to one or more of its investments; (d) whether and to what extent the prospective co-investor has expressed an interest in co-investment opportunities; (e) the General Partner’s evaluation of the financial resources, sophistication, experience and expertise of the potential co-investor with respect to the execution of co-investment transactions generally, and with respect to the geographic location or business activities of the applicable investment; (f) perception of past experiences and relationships with each prospective co-investor; (g) whether or not such person has co-invested previously and the ability of any such co-investor to respond promptly and appropriately to potential investment opportunities; (h) perception of the legal, regulatory, reporting, public relations, competitive, confidentiality or other issues that may arise with respect to any prospective co- investor; and (i) any strategic value or other benefit resulting from offering such co- investment opportunity to a prospective co-investor. C. Fund Investment Objectives and Restrictions ACME generally has broad and flexible investment authority with respect to the Funds. Each Fund’s investment objective and strategy is set forth in the respective Fund’s Governing Documents. All Investors are provided with the relevant Fund’s limited partnership agreement or limited liability company agreement and, in the case of certain Funds, a confidential private placement memorandum or other offering documents, prior to making an investment. Investors are urged to carefully review those documents prior to making an investment in a Fund. ACME tailors its investment advice to each Fund in accordance with the Fund’s investment objectives and strategy as set forth in the relevant Governing Documents. Generally, ACME does not tailor its advisory services to the individual needs of Investors. ACME’s investment decisions and advice are subject to the investment objectives, guidelines and restrictions set forth in the relevant Governing Documents. Since ACME does not provide individualized advice to Investors (and an investment in a Fund does not, in and of itself, create an advisory

relationship between the Investor and ACME), Investors must consider whether a particular Fund meets their investment objectives and risk tolerance prior to investing. ACME, or an Advisory Affiliate, has entered into side letter agreements with certain Investors. Side letters are negotiated prior to investment and may establish rights that supplement or alter the terms of the applicable Governing Documents. Pursuant to such side letters, ACME, or an Advisory Affiliate, has granted rights to certain Investors which are not available to other Investors (including without limitation, advisory committee representation, certain transparency rights, and confidentiality). Once invested in a Fund, Investors generally cannot impose additional investment guidelines, restrictions, or other requirements on such Fund. D. Wrap Fee Programs ACME does not participate in wrap fee programs. E. Assets Under Management As of December 31, 2025, ACME had $767,467,698 regulatory assets under management on a discretionary basis. ACME does not currently manage any client assets on a non-discretionary basis.

The determination that an investment should be written off will be made in accordance with applicable U.S. federal tax regulations, which generally permit an investment to be written off only if a final determination has been made that there are no future rights to proceeds however improbable that collection would be. Consequently, management fees will continue to accrue with respect to an investment whose reported value is less than its original cost basis for a prolonged period of time because the investment will not be written-off for U.S. federal tax purposes. In addition, as described in more detail in Item 6 below, subject to a clawback for certain Funds, Advisory Affiliates receive performance-based profit distributions (commonly referred to as “Carried Interest”) in each of the Funds, as negotiated and determined at the time the applicable Fund is established and set forth in its Governing Documents. Generally, the applicable Advisory Affiliate does not receive Carried Interest until all capital contributions have been returned to the Investors in the respective Fund (pursuant to the terms in each Governing Document). Any new Fund launched by ACME may have materially different terms than those summarized above. It should be noted that the fees paid by the Funds are negotiable by Investors only prior to an investment in the Fund, at the discretion of the Advisory Affiliates. B. Deduction of Fees ACME or an Advisory Affiliate deducts the management fees, performance-based fees, and other fees and expenses (described below) applicable to the respective Fund directly from the Fund’s assets. Performance-based compensation is paid to the relevant Advisory Affiliate when earned. Investors do not have the ability to choose to be billed directly for fees incurred. C. Other Fees and Expenses The Advisory Affiliates or ACME will pay certain ordinary and customary expenses out of the management fee (including salaries, wages, rent, communication costs, equipment and

other overhead expenses). As set forth in the applicable Governing Document, each Fund shall bear all costs and expenses incurred in the sourcing, investigation, holding, purchase, sale or exchange of securities (whether or not ultimately consummated), including, but not by way of limitation, private placement fees, finder’s fees, interest on borrowed money, real property or personal property taxes on investments, including documentary, recording, stamp and transfer taxes, brokerage fees or commissions, legal fees, expenses incurred in connection with the investigation, prosecution or defense of any claims by or against the Fund, including claims by or against a governmental authority, audit and accounting fees, legal, accounting and consulting fees relating to investments or proposed investments, taxes applicable to the Fund on account of its operations, fees incurred in connection with the maintenance of bank or custodian accounts and permitted Fund indebtedness, all expenses incurred in connection with the registration of the Fund’s securities under applicable securities laws or regulations, and travel expenses incurred in managing and holding Fund securities. Each Fund shall also bear expenses incurred by the Advisory Affiliates in investigating and evaluating investment opportunities whether or not consummated (including but not limited to legal, accounting and consulting fees, and travel expenses incurred in connection therewith), managing investments of the Fund, serving as the tax matters partner and the partnership representative, the reasonable cost of liability and other premiums for insurance protecting the Fund, the Advisory Affiliate, the ACME partners and ACME and its managers, members and employees from liability to third parties, consulting fees relating to services to the Fund that could not reasonably have been rendered by ACME or the Advisory Affiliate, all out-of-pocket expenses of preparing and distributing reports to partners, out-of-pocket expenses associated with Fund communications with partners, including preparation of annual or other reports to the Investors, out-of-pocket costs associated with Fund meetings or LP advisory committee meetings, out-of-pocket travel expenses incurred by the Advisory Affiliate in sourcing and/or monitoring investments, all legal, financial and accounting fees relating to the Fund and its activities (including the cost of internal legal counsel of the Fund provided that the cost in respect of such services are not less favorable the Fund than those generally available from experienced and unaffiliated parties), fees and expenses relating to outsourced finance, valuation, reporting, administration, accounting and back-office services, all costs and expenses arising out of the Fund’s indemnification obligation pursuant to its Governing Document, and all expenses that are not normal operating expenses. To the extent that any costs, fees and expenses borne by a Fund also benefit any other Fund, such costs, fees and expenses will be shared by each Fund on an equitable basis as determined by the Advisory Affiliate in its reasonable discretion. Each Fund will bear the organizational costs, fees and other expenses incurred in connection with the formation and organization of the Fund subject to the terms and limitations set forth in the Fund’s Governing Documents.

Nothing described in the foregoing paragraphs or elsewhere in this brochure is intended to imply that ACME or an Advisory Affiliate will be required at any time to charge or allocate to a Fund any costs, fees, or expenses in a manner that is inconsistent with Rule 211(h)(2)-1 under the Investment Advisers Act of 1940 (the “Advisers Act”) as and when applicable.

The above is a general description of fees and other expenses, and the expenses may vary from Fund to Fund. Investors are encouraged to refer to the applicable Governing Documents. Offset Fees While it is ACME’s general policy not to charge Portfolio Companies any additional fees, ACME, the Advisory Affiliates or their members or employees may receive directors, consulting, management service, advisory, consultant, transaction, break-up or broken deal fees, or similar fees from Portfolio Companies. If ACME, or any Advisory Affiliate (excluding Silicon Foundry, LLC (“Silicon Foundry”), which is an affiliate of ACME), or their members or employees, is paid such fees from our Portfolio Companies, 100% of the fees will offset the management fees payable by the applicable Funds. These fees, and the associated conflicts of interest they present, are further described in Item 11 below. Senior Advisors/Operating Partners/Executive Partners/Consultants ACME may hire third party consultants throughout the Funds’ investment processes, including advisors who are former senior executives with operating experience and industryspecific knowledge (“Senior Advisors”). Senior Advisors play an important role in how ACME manages its portfolio, and they may assist with a variety of activities, including market research, new investment identification, pre-investment business diligence, and postinvestment value creation. Senior Advisors are not employees of ACME but consultants who provide an additional source of operating and strategic expertise across a spectrum of fields within our focus sectors. ACME may make its Senior Advisors available to the Portfolio Companies. To date, Senior Advisors have helped certain of the Portfolio Companies navigate local and national policies and politics, establish and revitalize strategic partnerships, and formulate and drive growth initiatives, among other things. Senior Advisors are typically paid a consulting fee by ACME, which in some cases may be allocated to one or more Funds. Consulting fees may vary depending upon a number of variables, including expertise and time commitment. From time-to-time, these individuals may also co-invest in transactions in which they are investing under the same terms and conditions as the applicable Fund. As a Senior Advisor becomes more involved with a Portfolio Company, he or she may take on a more active role, including, for example, taking a board seat or providing additional services directly to the Portfolio Company. In either case, the Senior Advisor may receive direct compensation from the Portfolio Company under terms

agreed to by the Portfolio Company and the Senior Advisor. Any such compensation will not offset any management fees received by ACME. D. Prepayment of Fees The management fee is typically paid quarterly in advance, directly by the Fund. Investors in a Fund may not withdraw from a Fund prior to dissolution nor transfer any of their interests in the Fund without the prior written consent of ACME or the applicable Advisory Affiliate. As such, there is no need for a management fee refund mechanism. E. Compensation for Sale of Securities Neither ACME nor its Supervised Persons (as defined below in Item 11) accept compensation for sale of securities or other investment products outside of their association with ACME.

It is important that Investors refer to the relevant Governing Documents for a complete understanding of expenses and fees they may pay through an investment in the Funds. The information contained herein is a summary only and is qualified in its entirety by such documents.

Additionally, the allocation of investments with respect to each Fund are made by ACME in a manner that it considers fair and equitable to each Fund relative to the other Funds over time, taking into account all relevant facts and circumstances. Notwithstanding the foregoing, as described in Item 4.B. above, ACME and/or the Advisory Affiliates will allocate any available coinvestment opportunity as determined in their sole discretion and there is no guarantee that any Investor will be offered co-investment opportunities. The possibility that an Advisory Affiliate may receive Carried Interest creates a potential conflict of interest in that it may create an incentive to make investments that are riskier or more speculative than in the absence of such performance-based distributions. Notwithstanding this potential incentive, ACME will evaluate investments in a manner that is considered to be in the best interest of each Fund, given each Fund’s investment objective, investment strategy, suitability of investment and risk profile.

Any new Fund launched by ACME may have different terms than those summarized above. ACME does not have a minimum size for a Fund, but minimum investment commitments are typically established for Investors in the Funds. The Advisory Affiliate of each Fund may, in its sole discretion, permit investments below the minimum amounts set forth in the Governing Documents of such Fund.

ACME’s due diligence and decision-making process is structured to understand and mitigate key technical, regulatory, execution and competitive risks among its portfolio investments. B. Risk Factors An investment in the Funds involves a significant degree of risk that Investors should be prepared to bear. There can be no assurance that the Funds’ targeted rate of return will be achieved or that there will be any return of capital. The timing of profit realization, if any, is highly uncertain. The environment for venture capital investments is increasingly competitive, and an Investor should only invest in the Funds if the Investor can withstand the liquidity constraints of an investment in a Fund and a total loss of its investment. No guarantee or representation is made that a Fund’s investment program will be successful. Please note that all references to ACME in this Item 8 shall include the applicable Advisory Affiliate(s). The following are some of the additional material risks associated with an investment in the Funds: Risk Inherent in Venture Capital Investments. The types of investments that the Funds invest in involve a high degree of risk. In general, financial and operating risks confronting Portfolio Companies can be significant. While targeted returns should reflect the perceived level of risk in any investment situation, there can be no assurance that a Fund will be adequately compensated for risks taken. A loss of principal is possible. The timing of profit realization is highly uncertain. Losses are likely to occur early, while successes may require a long maturation.

Early-stage and development stage companies often experience unexpected problems in the areas of product development, manufacturing, marketing, financing and general management, which, in some cases, cannot be adequately solved. In addition, such companies may require substantial amounts of financing which may not be available through institutional private placements or the public markets. The percentage of companies that survive and prosper can be small. Investments in more mature companies in the expansion or profitable stage also involve substantial risks. The companies typically have obtained capital in the form of debt and/or equity to expand rapidly, reorganize operations, acquire a business or develop new products and markets. These activities by definition involve a significant amount of change in a company and could give rise to significant problems in sales, manufacturing and general management of these activities. Investment in Unseasoned Companies. The Funds may invest a portion of its assets in privately held companies with limited histories of profit and stability. These companies may require considerable additional capital to develop technologies and markets, acquire customers and achieve or maintain a competitive position. This capital may not be available at all, or on acceptable terms. Such companies may face intense competition, including competition from established companies with much greater financial and technical resources, more extensive development, manufacturing, marketing and service capabilities, and a greater number of qualified managerial and technical personnel. Although the Funds may be represented by a representative of the Advisory Affiliate on a Portfolio Company’s board of directors, each Portfolio Company will be managed on a day-to-day basis by its own management team (who generally will not be affiliated with the Fund or the Advisory Affiliate). Portfolio Companies may have substantial variations in operating results from period to period and experience failures or substantial declines in value at any stage. Investment in Companies Dependent Upon New Technologies. The Funds may invest in early-stage companies offering technology-enabled products and services, as determined by the General Partner in its sole discretion. The value of a Fund’s interests may be susceptible to factors affecting such companies and to a greater risk than an investment in an investment fund that invests in a broader range of securities. The specific risks faced by such companies include: • rapidly changing technologies; • new competing products and improvements in existing products that may quickly render existing products or technologies obsolete; • scarcity of management, technical, research and marketing personnel with appropriate training; • the possibility of lawsuits related to intellectual property rights; and

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rapidly changing investor sentiments and preferences with regard to technology sector investments (which are generally perceived as risky).

No Assurance of Returns. There can be no assurance that the Investors will receive distributions from the Fund in an amount equal to their investment in such Fund. The timing of profit realization, if any, is highly uncertain. May not have opportunities to make suitable investments. ACME may be unable to identify companies that complement its strategy, and even if it identifies appropriate opportunities, ACME may be unable to acquire an interest in the company on behalf of a Fund for many reasons including: a failure to agree on the terms of the investment, such as the amount or price of the sought after interest; incompatibility between the Fund’s management and management of the company; competition from other capital providers; and the unwillingness of the company to accept an investment offer from the Fund. Failure to identify sufficient investment opportunities and the overall inability of a Fund to generate sufficient deal flow could affect the Fund’s ability to deploy all of its capital, which could adversely affect the return to the Investors. May be unable to obtain maximum value for its investment interests. Each Fund intends to hold positions in non-public companies which are generally illiquid investments. While a Fund does not anticipate selling its interests in its Portfolio Company before an acquisition or initial public offering, if it were to divest of its interests prior to such an event, the Fund may not receive maximum value for these positions. In such case, the realizable value of the Fund’s interests may ultimately prove to be lower than the carrying value reflected on its financial statements. Competition. The Funds expect to encounter competition from other entities having similar investment objectives. Potential competitors include other venture capital and other private equity funds, business development companies, investment partnerships and corporations, small business investment companies, and large industrial and financial companies investing directly or through affiliates and individuals. Some of these competitors may have significant experience, greater financial and technical resources and a greater number of qualified personnel than the Advisory Affiliates and ACME may perform certain of these functions as well as other management and operational services on behalf of the Advisory Affiliates and the Funds. To the extent that a Fund encounters competition for investments, investment opportunities may decrease requiring the Fund to invest at higher prices which may ultimately reduce the returns to investors. Success Impaired by Valuations. Securities markets, in general, and technology-based stocks, in particular, have experienced periods of significant volatility. Increased volatility in the future could increase the risk of loss in securities investments as compared to the risk of loss in more stable market conditions. Interest rate volatility, general levels of economic activity

and participation by other investors in the financial markets may materially adversely affect the value of investments made or held by a Fund. Should equity markets, particularly those affecting technology stocks, weaken or experience a recession, the Funds will have difficulty raising investment capital and liquidating investments in the public and private markets. The Funds may also experience difficulty in identifying investment opportunities and securing follow-on financing for the Funds’ investments. Furthermore, the value of businesses and the price of the equity and equity-related securities of those businesses, in which a Fund intends to invest may be based upon factors and multiples used for publicly-traded technology companies. The public market for the stocks of technology companies has experienced extreme price and volume fluctuations. Investors’ interest in technology companies may decline in the future and may cause extreme volatility in, including significant decreases in, the price from which these stocks have been trading. A decrease in the price of publicly-traded technology stocks would likely have a negative effect on the valuations given to a Fund’s Portfolio Companies, which would have a material adverse effect on the value of the Fund’s assets. Concentration of Investments. The success of a Fund depends largely on making investments in Portfolio Companies in the target industry sectors. The value of companies in such sectors is particularly vulnerable to rapidly changing technology, government regulation and relatively high risks of obsolescence caused by scientific and technological advances. Adverse changes in economic conditions in the geographic markets that the Portfolio Companies serve would likely impair such Portfolio Companies’ ability to realize revenue growth and could otherwise have a negative effect on the Fund’s rate of return. Funds will have a high concentration of its assets in the securities of a limited number of issuers. This concentration risk may be heightened by a Fund’s participation in follow-on rounds of financing. Such lack of diversification could magnify potential losses. Accordingly, the investment portfolio of a Fund may be subject to more rapid changes in value than would be the case if the Fund were subject to more stringent requirements with respect to diversification among companies, securities and types of securities, as well as other types of investments. General Economic Conditions. General economic conditions may affect the activities of the Funds. Interest rates, the price of marketable securities and participation by other investors in the financial markets may also affect the value of securities purchased by the Funds or considered for purchase. Potential investors should realize that distributions may not be made by a Fund due to general economic conditions, illiquidity of portfolio investments, contractual prohibitions or other reasons mentioned above. Nature of Private Investments. Investment in a Fund requires a long-term commitment, with no certainty of return. A Fund may invest in companies that are experiencing or are expected to experience financial difficulties, which will require additional equity capital to

be successful. Identifying potentially profitable enterprises is a difficult task. The companies in which a Fund will invest may involve a high degree of risk. Such companies may face intense competition, including competition from companies with greater financial resources, more extensive development, manufacturing, marketing and service capabilities, and a larger number of qualified managerial and technical personnel. Many of the Funds’ investments will be highly illiquid, and there can be no assurance that a Fund will be able to realize a return on such investments in a timely manner, if at all. Additionally, a Fund may acquire securities that cannot be sold except pursuant to a registration statement filed under the Securities Act or in accordance with Rule 144 under the Securities Act or another exemption under the Securities Act. There will likely be no near-term cash flow available to investors. Since a Fund may only make a limited number of investments and since many of the Fund’s investments may involve a high degree of risk, poor performance by a few of the investments could severely affect the total returns to investors. Additionally, it should be noted that past performance is not a guarantee of future results. Illiquidity of Investment. Investment in private companies involves extreme business and financial risks and can result in substantial or total loss. Investment in a Fund requires the financial ability and willingness to accept significant risks of illiquidity. There is no public market for the interests in a Fund and none is expected to develop. The interests will generally not be redeemable and will not be transferable without the prior consent of the Advisory Affiliates, which may be granted or withheld in its sole and absolute discretion. Consequently, notwithstanding the distribution provisions of the Governing Document, Investors may not be able to liquidate their interests in the Fund prior to the end of the Fund’s term. In addition, because a Fund has a finite term, investments made by it may not be ready for disposition at the end of such term. As a result, there may be in-kind distributions of interests in such investments, which may be illiquid securities. The proceeds upon disposition of such securities could be significantly less than their fair value. The interests in the Funds have not been registered under the Securities Act, the securities laws of any state thereof or the securities laws of any other jurisdiction, and, therefore, cannot be resold unless they are subsequently registered under the Securities Act and other applicable securities laws or an exemption from registration is available. It is not contemplated that registration of such interests under the Securities Act or other securities laws will ever be effected. Minority Investments. A Fund may invest in minority positions of companies and in companies for which the Fund has no right to appoint a director or otherwise exert significant influence. In such cases, the Fund will be significantly reliant on the existing management and board of directors of such companies, which may include representatives of

other financial investors with whom the Fund is not affiliated and whose interests may conflict with the interests of the Fund. No Assurance of Additional Capital for Investments. After a Fund has financed a company, continued development and marketing of products will require that additional financing be provided. Companies in the target sectors in which a Fund expects to invest have substantial capital needs that are typically funded over several stages of investment. No assurance can be made that such additional financing will be available, and no assurance can be made as to the terms upon which such financing may be obtained. Alternatively, a Fund, either directly or through one of its Portfolio Companies, may elect to sell developed or undeveloped technology to existing companies. No assurance can be made that buyers for such technology can be located. Failure to Make Capital Contributions. If an Investor fails to pay when due installments of its capital commitment to the Funds, and the contributions made by non-defaulting Investors and borrowings by the Funds are inadequate to cover the defaulted capital contribution, ACME may be unable to pay Funds’ obligations when due. As a result, the Funds may be subjected to significant penalties that could materially and adversely affect the returns to Investors (including non-defaulting Investors). If an Investor defaults, it may be subject to various remedies as provided in the Governing Documents, including forfeiture of its interest. Future and Past Performance. ACME’s prior performance is not necessarily indicative of ACME future results. While ACME intends for the Funds to make investments that have estimated returns commensurate with the risks undertaken, there can be no assurance that targeted results will be achieved. Loss of capital is possible on any given investment. Bridge Financing. The Funds may lend to Portfolio Companies on a short-term, unsecured basis in anticipation of a future issuance of equity or long-term debt. Such bridge loans would typically be convertible into a more permanent, long-term security; however, for reasons not always in ACME’s control, such long-term securities may not issue, and such bridge loans may remain outstanding. In such event, the interest rate on such loans may not adequately reflect the risk associated with the unsecured position taken by the Funds. Limitations on Ability to Exit Investments. ACME expects to exit from its investments in two principal ways: (i) private sales (including acquisitions of its Portfolio Companies) and (ii) initial and secondary public offerings. At any particular time, one or both of these avenues may not be open to the Funds, or timing with respect to these exit mechanisms may be inopportune. As such, the ability to exit from and liquidate portfolio holdings may be constrained at any particular time.

Importance of Key Management. The success of a Fund will depend on the ability of the Advisory Affiliates and ACME to identify opportunities, to negotiate and arrange the closing of transactions, to stimulate good performance by Portfolio Companies and to arrange timely disposition of securities at a profit. There can be no assurance that the Advisory Affiliate and ACME will generate an adequate stream of investment opportunities. Additionally, the success of the Fund will depend on the continued employment by the Fund of the managers of the Advisory Affiliate and ACME. Control by Advisory Affiliates. Investors will have no opportunity to control the day-to-day operations, including investment and disposition decisions, of an Advisory Affiliate. In addition, investors will have no ability to remove the Advisory Affiliate. In order to safeguard their limited liability for the liabilities and obligations of the Fund, investors must rely entirely on the Advisory Affiliates and ACME to conduct and manage the affairs of the Fund. Risks of Certain Investments. In connection with the disposition of an investment in a Portfolio Company, the Advisory Affiliates, and/or the Fund may be required to make representations about the business and financial affairs of the Portfolio Company typical of those made in connection with the sale of any business. They may also be required to indemnify the purchasers of such investment to the extent that any such representations turn out to be inaccurate. These arrangements may result in contingent liabilities, which might ultimately have to be funded by the Advisory Affiliates, its members, and/or the investors, as the case may be. Potential Liabilities. In connection with its investments, a Fund may negotiate the right to appoint one of the managers of the Advisory Affiliate as a member of the Portfolio Company’s board of directors. Such membership on the board of directors of a company can result in the Fund or the individual director being named as a defendant in litigation. Typically, Portfolio Companies will have insurance to protect directors and officers, but this insurance may be inadequate. A Fund will also indemnify the Advisory Affiliates and its principals, among others, for liabilities incurred in connection with operations of the Fund, including liabilities arising from such suits. Such indemnification obligations and other liabilities could be substantial. Investments Longer than Term. The Funds may make investments that may not be advantageously disposed of prior to the date that such Fund will be dissolved, either by expiration of such Fund’s term or otherwise. Although the Advisory Affiliate expects that the applicable Fund’s investments will either be disposed of prior to dissolution or be suitable for in kind distribution at dissolution, such Fund may have to sell, distribute or otherwise dispose of investments at a disadvantageous time as a result of dissolution.

Conflicts of Interest. Instances may arise where the interests of the Advisory Affiliates and/or ACME may potentially or actually conflict with the interests of a Fund and its Investors. The existence of the Advisory Affiliates’ Carried Interest may create an incentive for an Advisory Affiliate to make more speculative investments on behalf of a Fund than it would otherwise make in the absence of a performance-based arrangement. An Advisory Affiliate may cause the Fund to invest in Portfolio Companies founded as part of Silicon Foundry (a company partially-owned by Scott Stanford) or any successor thereto, and/or existing Portfolio Companies of another Fund, subject to certain restrictions set forth in the relevant Governing Document. Conflicts may arise as a result of the affiliations and crossownership between the Funds and any related successor funds, companies owned by the managing directors of the Advisory Affiliates and/or Silicon Foundry. Potential investors should understand and be willing to accept such actual and potential conflicts of interest before making an investment in a Fund. In-kind Distributions. A Fund’s investments will be in the form of illiquid securities. If the Advisory Affiliates so determine, subject to the approval of a certain percentage of Investors, in lieu of any cash distributions, Investors may receive in-kind distributions of such illiquid securities. Any securities distributed with such investor consent, or upon liquidation of a Fund, may not be readily marketable or saleable and may have to be held by the investors for an indefinite period of time. Digital Assets Specific Risks. Digital assets, including cryptocurrencies and related tokens, involve significantly high degrees of risk and are not appropriate investments for all investors. Digital assets have limited performance histories, can be extremely volatile, and are not subject to many of the regulatory oversights that other investable assets are subject to. Any regulatory changes in relevant jurisdictions may adversely impact the value of the digital asset as well as the vehicles, entities, and/or investments associated with the digital asset. Digital assets are inherently subject to higher levels of risks associated with cyberattacks including, but not limited to, large scale hackings of digital asset exchanges and cryptocurrency companies. These risks should be understood and only capital that investors can risk losing should be given to the Firm to manage. Foreign Securities. The Funds may invest in securities of companies headquartered or operating in one or more non-U.S. countries. Investing in non-U.S. companies involves considerations and possible risks not typically involved in investing in securities of companies headquartered in the United States, including instability of some governments, the possibility of expropriation, limitations on the use or removal of funds or other assets, changes in governmental administration or economic or monetary policy (in the United States or abroad) or changed circumstances in dealings between nations. The application of local tax laws (e.g., the imposition of withholding or other taxes on investment income) or confiscatory taxation may also affect investment in non-U.S. securities. If a non-U.S. portfolio company were to become a publicly traded company, the non-U.S. securities market would likely be less liquid, more volatile and less subject to governmental supervision than in the United States. Such

investments could be affected by other factors not present in the United States, including lack of uniform accounting, auditing and financial reporting standards and potential difficulties in enforcing contractual obligations. Cybersecurity Risk. External cybersecurity breaches, including unauthorized access to systems, networks or devices (such as through “hacking” activity); infection from computer viruses or other malicious software code; and attacks that shut down, disable, slow or otherwise disrupt operations, business processes or website access or functionality, may occur. In addition, internal incidents can occur, such as the inadvertent release of confidential information (possibly resulting in the violation of applicable privacy laws). A cybersecurity breach could result in the loss or theft of customer data or funds, the inability to access electronic systems (“denial of services”), loss or theft of proprietary information or corporate data, physical damage to a computer or network system or costs associated with system repairs. Such incidents could cause a Fund, the General Partner, the Firm or other service providers to incur regulatory penalties, reputational damage, additional compliance costs or financial loss. In addition, such incidents could affect a Fund’s portfolio companies, and thereby adversely affect a Fund’s returns. Pandemic Risk. The outbreak of the novel coronavirus, COVID-19, adversely impacted global commercial activity and contributed to significant declines and volatility in financial markets. The coronavirus pandemic and government responses created disruption in global supply chains and adversely impacted many industries. Similar outbreaks in the future could have a similar material adverse impact on economic and market conditions and trigger a period of global economic slowdown. Financial Institution Risk; Distress Events. An investment in a Fund is subject to the risk that one of the banks, brokers, counterparties, clearinghouses, exchanges, lenders or other custodians (each, a “Financial Institution”) of some or all of a Fund’s (or any portfolio company’s) assets fails to timely perform or otherwise defaults on its obligations or experiences insolvency, closure, seizure, receivership or other financial distress or difficulty (each, a “Distress Event”). Distress Events can be caused by factors including, but not limited to, eroding market sentiment, significant withdrawals, fraud, malfeasance, poor performance, undercapitalization, market forces or accounting irregularities. If a Financial Institution experiences a Distress Event, the Firm, the Advisory Affiliates, the Funds and/or any of the portfolio companies may be unable to access deposits, borrowing facilities or other services, either permanently or for an indeterminate period of time. Although assets held by regulated Financial Institutions in the United States frequently are insured up to stated balance amounts by organizations such as the Federal Deposit Insurance Corporation, in the case of banks, and the Securities Investor Protection Corporation, in the case of certain broker-dealers, amounts in excess of the relevant insurance are subject to risk of total loss, and any non-U.S. Financial Institutions that are not subject to similar regimes pose potentially increased risk of loss. While in recent years governmental intervention has often resulted in additional protections for depositors and counterparties in connection with Distress Events, there can be no assurance

that any intervention will occur, be successful or avoid the risks of loss, substantial delays or negative impacts on banking or brokerage conditions or markets. Any Distress Event has a potentially adverse effect on the ability of the Firm to manage the Funds and their investments, and on the ability of the Firm, any Fund or any portfolio company to maintain operations, which in each case could result in operational burdens, significant losses and unconsummated investment acquisitions and dispositions. Such losses could include: a loss of funds; an obligation to pay fees and expenses in the event the Funds are unable to close a transaction (whether due to the inability to draw capital on a credit line provided by a Financial Institution experiencing a Distress Event, the inability of the Funds to access capital contributions or otherwise); the inability of the Funds to acquire or dispose of investments, including at prices that the relevant Advisory Affiliate believes reflect the fair value of such investments; and/or the inability of the Firm or portfolio companies to make payroll, fulfill obligations and/or maintain operations. If a Distress Event leads to a loss of access to a Financial Institution’s services, it is also possible that the Firm will experience operational burdens and expenses, and a Fund or a portfolio company will incur additional expenses and/or delays, in putting in place alternative arrangements and/or that such alternative arrangements will be less favorable than those formerly in place (with respect to economic terms, service levels, access to capital or otherwise). There can be no assurance that the Firm will be able to exercise contractual remedies under the agreements with Financial Institutions in the event of a Distress Event, or that such remedies will be successful or avoid losses, delays or other negative impacts. The Funds and their portfolio companies are subject to additional risks in the event a Financial Institution utilized by investors of the Funds or suppliers, vendors, service providers or other counterparties of a portfolio company become subject to Distress Events, which could have a material adverse effect on the Funds, its investors or such portfolio companies, including the risk of investor defaults. Many Financial Institutions require, as a condition to using their services (including lending services), that the Advisory Affiliates and/or the relevant Fund maintain all or a set amount or percentage of their respective accounts or assets with the Financial Institution, which heightens the risks associated with a Distress Event with respect to such Financial Institutions. Although the Firm seeks to do business with Financial Institutions that it believes are creditworthy and capable of fulfilling their respective obligations to the Funds, the Firm is under no obligation to use a minimum number of Financial Institutions with respect to any Fund, or to maintain account balances at or below the relevant insured amounts. Risks of Artificial Intelligence (“AI”). ACME’s employees and consultants and a Fund’s portfolio companies may under certain circumstances use third-party and open-source AI tools, such as ChatGPT. These tools can pose risks relating to the protection of proprietary data, including the potential exposure of ACME’s or such portfolio companies’ confidential information to unauthorized recipients and the misuse of ACME’s or third-party intellectual property, which could adversely affect ACME, a Fund, or its portfolio companies. AI tools may also produce inaccurate, misleading, or incomplete responses that could lead to errors in

ACME’s and its employees’ and consultants’ business activities, which could have a negative impact on ACME or on the performance of a Fund and its portfolio companies. As the use and availability of AI tools has grown, the U.S. Congress and a number of U.S. federal and state agencies have been examining AI tools and their use in a variety of industries, including financial services. These agencies have issued proposed or adopted a variety of rules and other guidance regarding the use of AI. AI similarly faces an uncertain regulatory landscape in many foreign jurisdictions. Ongoing and future regulatory actions with respect to AI generally or AI’s use in any industry in particular may alter, perhaps to a materially adverse extent, the ability of ACME, a Fund, or its portfolio companies to utilize AI. Investment Company Act of 1940. The Funds are not subject to the provisions of the Investment Company Act of 1940, in reliance upon either Section 3(c)(1) or Section 3(c)(7) of the Investment Company Act of 1940. The Funds’ Governing Documents contain representations and restrictions on transfer designed to ensure that the conditions of one or both of these provisions are met. Securities Act of 1933. Interests in the Funds are not registered under the Securities Act, in reliance upon exemptions for transactions not involving a public offering. Each Investor is required to execute certain agreements in connection with its subscription for the interest in the Fund, and in so doing will make certain representations to ACME.

Investors and prospective Investors are provided with Governing Documents that contain a detailed description of the material risks related to an investment in the Funds, and are advised to carefully review all risk factors set forth in the relevant Governing Documents.

As such, ACME’s management persons may have board positions with Portfolio Companies. Certain persons of the management serve, and may in the future serve, on the board of directors of certain of such Portfolio Companies. Such persons could face conflicts of interest between discharging their duties as directors of such companies and acting in the best interest of the applicable Funds.

In addition, certain other individuals, such as temporary employees or independent contractors may also be deemed to be Supervised Persons by ACME’s Chief Compliance Officer. The Code sets forth a standard of business conduct that takes into account ACME’s status as a fiduciary to the Funds and requires Supervised Persons to place the interests of Funds above their own interests and the interests of ACME. The Code requires Supervised Persons to comply with applicable federal securities laws. Further, Supervised Persons are required to promptly bring violations of the Code to the attention of ACME’s Chief Compliance Officer. All Supervised Persons are provided with a copy of the Code and are required to acknowledge receipt of the Code upon hire and on at least an annual basis thereafter. The Code also sets forth certain reporting and pre-clearance requirements with respect to personal trading by Supervised Persons. Supervised Persons must provide ACME’s Chief Compliance Officer with a list of their personal accounts and an initial holdings report listing the holdings of such personal accounts within 10 days of becoming a Supervised Person. In addition, ACME’s Supervised Persons must provide annual holdings reports and quarterly transaction reports detailing, respectively, the holdings and quarterly transactions in their personal accounts in accordance with Advisers Act Rule 204A-1. The Code also describes ACME’s duty to protect material non-public information about securities/investment recommendations provided to (or made on behalf of) Funds. Underlying these policies and procedures are two primary principles. First, confidential information must be maintained in confidence. Second, Supervised Persons who possess material non-public information about public companies must not trade in the securities affected by such information, must not disclose such information to anyone who does not have a legitimate need to know it and must immediately disclose such information to ACME’s Chief Compliance Officer.

ACME will allocate investment opportunities among its various Funds on a fair and equitable basis, consistent with its fiduciary obligations and the Governing Documents for the relevant Fund. Notwithstanding the foregoing, as described in Item 4.B. above, ACME and/or the Advisory Affiliates will allocate any available co-investment opportunity as determined in their sole discretion and there is no guarantee that any Investor will be offered co-investment opportunities. Investors or prospective Investors may obtain a copy of the Code by contacting the Chief Compliance Officer using the contact information provided on the cover page of this Brochure. B. Potential Conflicts As explained in Item 10 above, the Advisory Affiliates, which are owned in part by the principal and are related persons of ACME, serve as the general partners and managing members of the Funds. These Advisory Affiliates generally commit capital to certain Funds, and as a result nearly every investment made by such Fund involves a purchase of securities whereby related persons of ACME indirectly acquire an indirect interest in such securities. ACME’s Advisory Affiliates and certain Supervised Persons maintain investments directly in the Funds. The fact that ACME’s Advisory Affiliates and certain Supervised Persons have financial interests in the Funds could create a potential conflict in that it could cause ACME to make different investment decisions than if such parties did not have such financial ownership interests. However, ACME believes that these financial interests align ACME’s and the Advisory Affiliates’ incentives with those of the Investors. ACME or the Advisory Affiliates have formed special purpose vehicles to co-invest in some of the Portfolio Companies. Further, in certain cases, ACME’s Advisory Affiliates, or Supervised Persons will have an investment interest in such special purpose vehicles. As noted in Item 4, co-investment opportunities may not be offered equally to all Investors. ACME has fully disclosed this conflict in the Governing Documents. In addition, in certain cases Supervised Persons may hold a pre-existing interest in certain Portfolio Companies. Generally, a Fund may not invest in a Portfolio Company in which a Supervised Person holds an interest without prior approval of such Fund’s advisory committee or Investors. ACME may on rare occasions participate in “principal transactions” or “cross trades” (as defined below). In cases where ACME acts as a principal for its own account (i.e., ACME and its control persons in the aggregate own greater than 25% of a Fund, a Portfolio Company, or Portfolio Security), and ACME is seeking to effect a transaction that would be deemed a principal transaction, ACME will disclose to the Fund in writing the capacity in which ACME is acting and receive consent from the Fund in accordance with the Governing Documents. A

“cross trade” occurs where it is advantageous to effect a securities transaction between two Funds. In the event that a cross trade would be in the best interests of both Funds and permitted under the Governing Documents of each Fund, ACME may affect the cross trades in accordance with the respective Fund’s Governing Document, which may include seeking the consent of such Fund’s advisory committee or Investors. As described in Item 5 above, in limited cases ACME or an Advisory Affiliate or a principal may receive certain advisory fees, director’s fees, break-up fees or other similar fees in connection with portfolio investments of the Funds as compensation for financial advisory and similar services provided by them to the Portfolio Companies. Payment of such fees may create a conflict of interest because it could create an incentive for ACME or an Advisory Affiliate to cause a Fund to invest its capital in a Portfolio Company that will pay such a fee to ACME or its affiliate. ACME mitigates such potential conflicts of interest by requiring that all transaction fees received by ACME, an Advisory Affiliate or an employee be offset to reduce the management fees that would otherwise be paid by the Funds. ACME further mitigates this conflict of interest by negotiating such fees at arm’s length with such Portfolio Company and generally seeking to ensure that such fees are, in the good faith opinion of ACME, in accordance with prevailing market rates in the relevant industry. ACME does not take into consideration whether a Portfolio Company will pay ACME or its affiliate a services fee when making an investment determination. As described in Item 6, ACME or the Advisory Affiliates receive management fees and performance-based profit distributions from the Funds. The management fees are payable without regard to the overall success or income earned by the Funds and therefore may create an incentive on the part of ACME to raise or otherwise increase capital commitments to a higher level than would be the case if ACME were receiving a lower or no management fee. Performance-based profit distributions may create an incentive for ACME or the Advisory Affiliates to make investments that are riskier or more speculative than in the absence of such performance-based profit distributions. In addition to the foregoing, ACME seeks to address the above conflicts through regular monitoring of the Funds’ portfolios for consistency with objectives, strategies, and target capacity. Further, ACME carefully considers the risks involved in any investments and ACME provides extensive disclosure to Investors regarding the potential risks that come with an investment with ACME. As stated above, the Code provides guidelines for identifying and addressing conflicts of interest and requires Supervised Persons to place the interests of the Funds above their own or those of ACME, and all Supervised Persons are required to acknowledge their receipt and understanding of the Code. In addition, certain Funds have an advisory committee consisting of representatives of certain Investors in the respective Fund. The advisory committees advise and counsel ACME and the Advisory Affiliates on issues relating to conflicts of interest and matters specifically set forth in the limited partnership agreements. ACME typically consults with the advisory committee

of the Fund in question if a significant or material conflict of interest described in Item 11 arises with respect to such Fund. ACME’s Supervised Persons are permitted to make certain securities transactions in their personal accounts. ACME’s Supervised Persons have made, and will in the future under certain limited circumstances make investments, directly, or indirectly (including via separate co-investment vehicles managed by an Advisory Affiliate that does not charge any advisory fees, with participation limited to members of the Firm), for their personal accounts in the Portfolio Companies. Such investments may be made concurrently with, or in advance of, investments by a Fund. Such investments could create a conflict of interest in that it could give ACME or an Advisory Affiliate an incentive to cause a Fund to invest its capital in a company in which it would not otherwise invest, or to dispose of its investment in a company at a time or for a price which it would not otherwise recommend for the Fund absent such Supervised Person’s ownership of such securities. The Governing Documents include limitations on the ability of certain Supervised Persons to make such investments. In addition, the Code limits the ability of Supervised Persons to invest in Portfolio Companies outside of their indirect interests through the Advisory Affiliates or the Fund. All such investments require approval of the Chief Compliance Officer, which approval would only be granted once any associated conflicts of interest are adequately addressed and remedied. ACME enforces the foregoing policy and manages the potential conflicts of interest inherent in Supervised Person personal trading by rigorous enforcement of its Code, which contains pre-clearance and reporting guidelines for Supervised Persons. ACME requires that Supervised Persons’ transactions in certain “Reportable Securities” (as defined in the Code) be pre-cleared with the Chief Compliance Officer. Further details are available in the Code, which is available to Investors upon request. ACME maintains a “Restricted List.” Issuers on the Restricted List include portfolio investments of Funds, public issuers about which any Supervised Person has material nonpublic information, and any other security placed on the list at the discretion of the Chief Compliance Officer. Supervised Persons are generally prohibited from trading securities on the Restricted List without the prior written consent of the Chief Compliance Officer so that the Chief Compliance Officer may confirm that the proposed investment meets the requirements of the applicable Governing Documents and the Code. If there are no potential conflicts of interests, pre-clearance requests may be approved on a case by case basis.

In addition, ACME receives transaction and holdings reports in accordance with Advisers Act Rule 204A-1. The Chief Compliance Officer, or his or her designated person, reviews Supervised Persons’ personal transaction and holdings reports to make sure each Supervised Person is conducting his or her personal securities transactions in a manner that is consistent with the Code.

In selecting a broker, dealer or other intermediary, ACME will consider such factors that in good faith and judgment it deems reasonable under the circumstances. While trade price is often a significant quantitative factor in best execution, ACME evaluates qualitative execution factors, such as research capabilities, success of prior research recommendations, ability to execute trades, nature and frequency of sales coverage, depth of services provided (including back office and processing capabilities), financial stability and responsibility, reputation, commission rates, responsiveness to ACME and the value of research and brokerage products and services provided by such brokers. ACME does not participate in soft dollar arrangements. When the Funds trade in public securities, ACME periodically evaluates execution performance to ensure that any services provided are consistent with its best execution obligations. B. Aggregation of Securities Upon determination to buy or sell the same Portfolio Company security on behalf of more than one Fund (based upon the investment mandates and available capital of such Funds), ACME will generally aggregate such transactions. Private company securities which are a significant part of the investments made by the Funds are generally purchased in private placement transactions, and thus a purchase or sale transaction by multiple Funds will generally be consummated simultaneously. However, there could be circumstances in which the liquidity needs, partnership terms or other considerations require the purchase or sale of Portfolio Company securities by Funds at different times. In such cases, ACME will seek to act in a fair and equitable manner with regard to all participating Funds and to take into account the investment objectives and results of each Fund. Notwithstanding the foregoing, the purchase or sale of Portfolio Company securities by different Funds at different times

could result in increased transaction costs and different investment results for such Funds and their Investors. ACME recognizes that, as a fiduciary, it has a duty to allocate investment opportunities among its Funds in a fair and equitable manner. If ACME determines that it would be appropriate for more than one Fund to participate in an investment opportunity, ACME will seek to allocate the investment opportunity to all of the participating Funds on a fair and equitable basis. ACME will make a determination as to the appropriate allocation among its Funds after considering a variety of factors, including, among others, lifecycle of the fund, investment strategies, existing exposure, cash availability, tolerance for risk, and the Governing Documents of each Fund. Investment opportunities will in all circumstances be allocated in a manner consistent with the applicable Funds’ Governing Documents. Notwithstanding the foregoing, as described in Item 4.B. above, ACME and/or the Advisory Affiliates will allocate any available co-investment opportunity as determined in their sole discretion and there is no guarantee that any Investor will be offered co-investment opportunities.

Reporting to Clients and Investors Investors in certain Funds generally receive written quarterly reports after the close of each of the first three calendar quarters, which include quarterly unaudited financial statements, a summary of acquisitions and dispositions of the investments, a list of investments then held, together with a valuation and summary update of such investments of such Funds. Annually, Investors will receive a written annual financial report audited by a nationally recognized accounting firm, information regarding the Fund necessary for the completion of each Investor’s tax return, and a list of investments then held by the relevant Fund and a valuation of such investments.

Investors should carefully review the audited financial statements of the Funds upon receipt and should compare these statements to any account information provided by ACME. As ACME’s investment program involves some investments in privately offered securities issued by venture capital stage operating companies, ACME generally will be exempt from the requirement that securities be maintained with a “qualified custodian.” ACME anticipates that many of its investments will involve securities that are (i) acquired from the issuer in a transaction or chain of transactions not involving any public offering; (ii) uncertificated, and ownership thereof is recorded only on the books of the issuer or its transfer agent in the name of the client; and (iii) transferable only with prior consent of the issuer or holders of the issuer’s outstanding securities. To the extent that ACME holds any publicly traded securities or securities which are otherwise ineligible for an exemption from the qualified custodian requirement of the Custody Rule, ACME will maintain such securities with a qualified custodian in an account in the name of the applicable Fund or in accounts that contain only funds and securities owned by the Fund, under ACME’s name as agent or trustee for the Fund.

ACME and its Advisory Affiliates have adopted proxy voting policies and procedures that are designed to ensure that when an Advisory Affiliate votes a proxy with respect to securities held on behalf of the Funds, such proxies are voted in the clients’ best interests, in the judgment of the Advisory Affiliate to the extent reasonably practicable. The procedures also require that the Advisory Affiliates identify and address conflicts of interest. If a material conflict of interest is identified, the Advisory Affiliate will determine whether voting in accordance with the guidelines set forth in the procedures is in the best interests of its Funds or whether taking some other action may be more appropriate. Investors generally do not have the ability to direct proxy votes. Investors in a Fund may obtain information regarding how the Advisory Affiliate voted proxies for that Fund and may obtain a copy of ACME’s proxy voting policies and procedures by contacting the Chief Compliance Officer using the contact information provided on the cover page of this Brochure.