SABA CAPITAL CARRY NEUTRAL TAIL HEDGE MASTER FUND, LTD.

PFID 805-6174398488 Managed by SABA CAPITAL MANAGEMENT, L.P.

Hedge Fund 3(c)(7) Master Fund

Gross Asset Value

$3.4B

Min. Investment

$5,000,000

Investors

151

First Sale

FY End

Service Providers

Auditor

ERNST & YOUNG LLP

NEW YORK, New York, United States

PCAOB: Registered

Independent: Yes

Prime Broker

TD PRIME SERVICES LLC

NEW YORK, New York, United States

Custodian: Yes

Prime Broker

GOLDMAN SACHS & CO. LLC

NEW YORK, New York, United States

Custodian: Yes

Custodian

STATE STREET BANK & TRUST COMPANY

BOSTON, Massachusetts, United States

Custodian

BANK OF NEW YORK MELLON

NEW YORK, New York, United States

Custodian

GOLDMAN SACHS & CO. LLC

NEW YORK, New York, United States

Custodian

TD PRIME SERVICES LLC

NEW YORK, New York, United States

Administrator

SS&C FUND SERVICES (CAYMAN) LTD.

GRAND CAYMAN, Cayman Islands