STEEL PARTNERS JAPAN STRATEGIC FUND (OFFSHORE), L.P.

Hedge Fund 3(c)(7) Master Fund

Gross Asset Value

$142.8M

Min. Investment

$10,000,000

Investors

370

First Sale

FY End

Service Providers

Auditor

GRANT THORNTON

BOSTON, Massachusetts, United States

PCAOB: Registered

Independent: Yes

Prime Broker

MORGAN STANLEY & CO. LLC

NEW YORK, New York, United States

Custodian: Yes

Custodian

MORGAN STANLEY & CO. LLC

NEW YORK, New York, United States

Custodian

J.P. MORGAN SECURITIES INC.

NEW YORK, New York, United States

Administrator

MORGAN STANLEY FUND SERVICES USA LLC

PURCHASE, New York, United States