STOIC HOLDINGS

Stoic Holdings is a private investment holding company formed by Ryan Berk and Michael Dworkis. Our goal is to build long-term value by making concentrated investments in excellent businesses and taking an active role in their management. We invest with a patient, long-term time horizon and a flexible structure. The philosophy of stoicism emphasizes that the only thing one can truly control is one's own thoughts and actions, not outside events. The name Stoic Holdings was chosen to signify this philosophy in our framework as investors: we cannot control what situations the market or economy presents us, but through disciplined, independent thought, we can take actions that we believe will create long-term value.