July 31, 2025 Great Elm Real Estate Ventures Great Elm Group Announces Strategic Partnership Accelerating Real Estate Platform Expansion • On July 31, 2025, Great Elm Group, Inc. (NASDAQ: GEG, "Great Elm") and Kennedy Lewis Investment Management ("KLIM") closed a strategic transaction catalyzing growth across the Monomoy platform. • 4.9% investment in GEG, up to $150 million in capital for real estate, and Board roles: March 2023 July 31, 2025 ©2023 Great Elm Capital Corp. 2 2 o 4.9% purchase of GEG's outst ...