About Arena Investors, LP

Arena Investors, LP ("Arena"), the parent of Empire Asset Finance, LLC, is a global institutional asset manager founded in 2015 by Daniel Zwirn, a veteran investor with over two decades of experience building alternative asset platforms. Arena is a global multi-strategy investment firm with approximately $4.6 billion* of assets under management and programmatic capital as of June 30, 2025. The firm is a subsidiary of Arena Investors Group Holdings ("AIGH"). AIGH, along with its affiliate, Ceres Life Insurance, comprises the Westaim Corporation (TSXV: "WED"), an integrated asset management and life insurance and annuity provider.

*These amounts include both committed and undrawn capital and programmatic capital. Programmatic capital includes callable capital to discretionary and non-discretionary separately managed accounts and certain pooled investment vehicles.