Trade Summary

8 months ago, Partners Group (Usa) Inc., serving as Subadviser to the Issuer at Lincoln Partners Group Royalty Fund (LNPIX), purchased 487,805 shares at $10.25 per share, for a total transaction value of $5,000,000.00.

This purchase represents a 100.00% decrease in Partners Group (Usa) Inc.'s stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Saturday, November 1, 2025 and publicly disclosed via SEC Form 4 filing on Monday, November 3, 2025 at 5:01 PM ET, 2 days after the trade was made.