[sheet: Cover]

[sheet: Cover]
Field | Value
Exhibit | D
Title | Schedule of Contributing Entities and Assets
Taxpayer | Solara Digital Infrastructure LP
EIN | 82-4917366
General Partner | Solara Digital Infrastructure GP LLC
GP EIN | 82-4917365
Receiving Entity | Solara Consolidated Master Fund LP (to be formed, Delaware LP)
Prepared By | Calderwood & Harkness LLP
Engagement Number | 20250527-SDILP-PLR
Date Prepared | August 15, 2025
EUR/USD Exchange Rate | 1.08 (applied uniformly to all EUR-denominated amounts)
Valuation Date | As of proposed contribution dates (October 1 – November 1, 2025)
Valuation Advisor | Redstone Advisory Group LLC
Accounting Firm (Tax Basis Source) | Caldwell Pierce & Co. LLP
Cross-Reference | See also Exhibit E (Schedule of Liabilities and § 752 Analysis)
Note | All fair market values based on appraisals prepared by Redstone Advisory Group LLC; all adjusted tax basis amounts sourced from Caldwell Pierce & Co. LLP tax-basis records
[sheet: Contributing Entities Summary]
Contributing Entity Full Legal Name | Short Name | Entity Type | Jurisdiction | U.S. EIN | Registration Number | Registered Office | General Partner | Fund Size | Reorganization Step | Target Contribution Date | Number of Portfolio Companies Contributed | Aggregate FMV — Local Currency | Aggregate FMV — USD | Aggregate Adjusted Tax Basis — Local Currency | Aggregate Adjusted Tax Basis — USD | Aggregate Built-In Gain — Local Currency | Aggregate Built-In Gain — USD | Intended Tax Treatment
Solara Digital Partners Fund IV-A (Cayman) LP | Fund IV-A Cayman | Cayman Islands exempted limited partnership | Cayman Islands | 98-6241503 | CIMA MF-72491 | Harborstone Corporate Services Ltd., P.O. Box 2714, 94 Solaris Avenue, George Town, Grand Cayman KY1-1111 | Solara Offshore GP Ltd. | $1.85 billion | Step 2 | 2025-10-01 | 5 | N/A (USD-denominated) | 2310000000 | N/A | 1620000000 | N/A | 690000000 | Tax-free contribution under IRC § 721(a); carryover basis under § 723; holding period tacking under § 1223(2)
Solara Digital Partners Fund IV-B (Luxembourg) SCSp | Fund IV-B Lux | Luxembourg special limited partnership (société en commandite spéciale) | Luxembourg | 98-6241571 | RCS B 248193 | 14, rue Jean-Pierre Brasseur, L-1258 Luxembourg | Solara Luxembourg Management S.à r.l. (RCS B 248194) | €1.15 billion ($1.24B) | Step 3 | 2025-10-15 | 3 | €1,070,000,000 | 1155600000 | €782,000,000 | 844560000 | €288,000,000 | 311040000 | Tax-free contribution under IRC § 721(a); carryover basis under § 723; holding period tacking under § 1223(2)
Solara Digital Partners Fund V-A (Cayman) LP | Fund V-A Cayman | Cayman Islands exempted limited partnership | Cayman Islands | 98-7891234 | CIMA MF-89103 | Harborstone Corporate Services Ltd., George Town, Grand Cayman | Solara Offshore GP Ltd. | $2.45 billion | Step 4 | 2025-11-01 | 6 | N/A (USD-denominated) | 2890000000 | N/A | 2340000000 | N/A | 550000000 | Tax-free contribution under IRC § 721(a); carryover basis under § 723; holding period tacking under § 1223(2)
Solara Digital Partners Fund V-B (Luxembourg) SCSp | Fund V-B Lux | Luxembourg special limited partnership (société en commandite spéciale) | Luxembourg | 98-7891267 | RCS B 271056 | 14, rue Jean-Pierre Brasseur, L-1258 Luxembourg | Solara Luxembourg Management S.à r.l. (RCS B 248194) | €1.38 billion ($1.49B) | Step 4 | 2025-11-01 | 4 | €1,290,000,000 | 1393200000 | €1,140,000,000 | 1231200000 | €150,000,000 | 162000000 | Tax-free contribution under IRC § 721(a); carryover basis under § 723; holding period tacking under § 1223(2)
GRAND TOTAL (All Contributing Entities) | 18 (of 23 total portfolio companies across all fund vehicles) | 7748800000 | 6035760000 | 1713040000
[sheet: Fund IV-A Cayman Assets]
Line Item | Portfolio Company Full Legal Name | Short Name | Entity Type | Jurisdiction of Organization | Industry / Business Description | Type of Interest Held | Percentage Ownership by Fund IV-A Cayman | Co-Investor / Parallel Holder | Co-Investor Ownership % | Fair Market Value — USD | Adjusted Tax Basis — USD | Built-In Gain (Loss) — USD | Acquisition Date | Holding Period | IRC § 704(c) Method | USRPI Analysis (IRC § 897) | Notes
1 | NovaBright Data Systems Inc. | NovaBright | Corporation | Delaware | Data center operator — digital infrastructure | Common stock | 60% | Solara Digital Partners Fund IV LP (EIN 85-2103748) | 40% | 890000000 | 520000000 | 370000000 | 2021-09-15 | Long-term | Remedial allocation method (Treas. Reg. § 1.704-3(d)) | Analysis required — data center real property interests may constitute USRPIs; see Tax Memorandum on FIRPTA / IRC § 897 | Largest single portfolio company interest in Fund IV-A Cayman; 60/40 co-investment with Fund IV Delaware LP
2 | Thorngate Fiber Networks LP | Thorngate | Limited partnership | Delaware | Fiber-optic network operator — digital infrastructure | Limited partnership interest | 100% | None | N/A | 670000000 | 490000000 | 180000000 | 2022-03-10 | Long-term | Remedial allocation method (Treas. Reg. § 1.704-3(d)) | Analysis required — fiber-optic network assets may include real property interests; see FIRPTA memo | Wholly owned by Fund IV-A Cayman
3 | Portfolio Company C (Fund IV-A) | PortCo C-IVA | Corporation | Delaware | Enterprise SaaS platform — workforce management | Common stock | 100% | None | N/A | 285000000 | 210000000 | 75000000 | 2022-06-22 | Long-term | Remedial allocation method | Not a USRPI — software/SaaS operating company with no significant real property
4 | Portfolio Company D (Fund IV-A) | PortCo D-IVA | LLC (partnership for U.S. tax purposes) | Delaware | Colocation and interconnection services — digital infrastructure | Membership interest | 75% | Solara Digital Partners Fund IV LP | 25% | 230000000 | 195000000 | 35000000 | 2022-11-01 | Long-term | Remedial allocation method | Analysis required — colocation facilities may involve real property | Co-investment with Fund IV Delaware LP
5 | Portfolio Company E (Fund IV-A) | PortCo E-IVA | Corporation | Delaware | Enterprise cybersecurity SaaS platform | Preferred stock (Series B) | 100% | None | N/A | 235000000 | 205000000 | 30000000 | 2023-01-18 | Long-term | Remedial allocation method | Not a USRPI — software/SaaS operating company
SUBTOTAL — Fund IV-A Cayman | 2310000000 | 1620000000 | 690000000 | 5 portfolio companies contributed in Step 2
[sheet: Fund IV-B Lux Assets]
Line Item | Portfolio Company Full Legal Name | Short Name | Entity Type | Jurisdiction of Organization | Industry / Business Description | Type of Interest Held | Percentage Ownership by Fund IV-B Lux | Co-Investor / Parallel Holder | Co-Investor Ownership % | Fair Market Value — EUR | Fair Market Value — USD | Adjusted Tax Basis — EUR | Adjusted Tax Basis — USD | Built-In Gain (Loss) — EUR | Built-In Gain (Loss) — USD | Acquisition Date | Holding Period | IRC § 704(c) Method | Luxembourg Tax Treatment | Notes
1 | Crestline Cloud Solutions LLC | Crestline | LLC (disregarded entity for U.S. tax purposes) | Delaware | Enterprise SaaS platform — cloud solutions | 100% membership interest (disregarded entity owned by Fund IV-B Lux SCSp) | 100% | None | N/A | 340000000 | 367200000 | 195000000 | 210600000 | 145000000 | 156600000 | 2021-12-01 | Long-term | Remedial allocation method (Treas. Reg. § 1.704-3(d)) | No Luxembourg capital gains tax expected on SCSp-level transfer per Article 3(2) of the Luxembourg law of July 12, 2013 | Disregarded entity wholly owned by Fund IV-B Lux; underlying assets treated as directly held for U.S. tax purposes
2 | Portfolio Company B (Fund IV-B Lux) | PortCo B-IVB | S.à r.l. | Luxembourg | European data center platform — digital infrastructure | Equity interest | 100% | None | N/A | 420000000 | 453600000 | 335000000 | 361800000 | 85000000 | 91800000 | 2022-04-15 | Long-term | Remedial allocation method | No Luxembourg capital gains tax expected per Article 3(2)
3 | Portfolio Company C (Fund IV-B Lux) | PortCo C-IVB | GmbH | Germany | Enterprise SaaS — supply chain optimization | Equity interest | 80% | Solara Digital Partners Fund IV LP | 20% | 310000000 | 334800000 | 252000000 | 272160000 | 58000000 | 62640000 | 2022-08-20 | Long-term | Remedial allocation method | No Luxembourg capital gains tax expected per Article 3(2); German withholding tax analysis separately addressed | Co-investment with Fund IV Delaware LP
SUBTOTAL — Fund IV-B Lux | 1070000000 | 1155600000 | 782000000 | 844560000 | 288000000 | 311040000 | 3 portfolio companies contributed in Step 3
[sheet: Fund V-A Cayman Assets]
Line Item | Portfolio Company Full Legal Name | Short Name | Entity Type | Jurisdiction of Organization | Industry / Business Description | Type of Interest Held | Percentage Ownership by Fund V-A Cayman | Co-Investor / Parallel Holder | Co-Investor Ownership % | Fair Market Value — USD | Adjusted Tax Basis — USD | Built-In Gain (Loss) — USD | Acquisition Date | Holding Period | IRC § 704(c) Method | USRPI Analysis (IRC § 897) | Notes
1 | Veridian Edge Computing Corp. | Veridian | Corporation | Delaware | Edge computing infrastructure — digital infrastructure | Common stock | 55% | Solara Digital Partners Fund V LP (EIN 88-3467219) | 45% | 1120000000 | 780000000 | 340000000 | 2023-11-20 | Long-term | Remedial allocation method (Treas. Reg. § 1.704-3(d)) | Analysis required — edge computing infrastructure may include real property interests; see FIRPTA memo | Largest single portfolio company interest in Fund V-A Cayman; 55/45 co-investment with Fund V Delaware LP
2 | Helix SaaS Holdings Ltd. | Helix | Exempted company | Cayman Islands | SaaS holding company — enterprise software portfolio | Ordinary shares | 100% | None | N/A | 445000000 | 310000000 | 135000000 | 2024-02-14 | Long-term | Remedial allocation method (Treas. Reg. § 1.704-3(d)) | Not a USRPI — Cayman company holding software/SaaS assets; CFC analysis separately addressed | Wholly owned by Fund V-A Cayman
3 | Portfolio Company C (Fund V-A) | PortCo C-VA | Corporation | Delaware | Hyperscale data center development — digital infrastructure | Common stock | 100% | None | N/A | 390000000 | 350000000 | 40000000 | 2024-05-10 | Long-term | Remedial allocation method | Analysis required — data center real property interests
4 | Portfolio Company D (Fund V-A) | PortCo D-VA | LLC (partnership for U.S. tax purposes) | Delaware | Managed IT services and cloud migration SaaS | Membership interest | 70% | Solara Digital Partners Fund V LP | 30% | 340000000 | 310000000 | 30000000 | 2024-03-01 | Long-term | Remedial allocation method | Not a USRPI — software/SaaS operating company | Co-investment with Fund V Delaware LP
5 | Portfolio Company E (Fund V-A) | PortCo E-VA | Corporation | Delaware | Network infrastructure — dark fiber and lit services | Preferred stock (Series C) | 85% | Solara Digital Partners Fund V LP | 15% | 320000000 | 305000000 | 15000000 | 2024-06-15 | Short-term (to become long-term before contribution date) | Remedial allocation method | Analysis required — fiber network assets may involve real property | Co-investment with Fund V Delaware LP
6 | Portfolio Company F (Fund V-A) | PortCo F-VA | Corporation | Delaware | Enterprise AI/ML SaaS platform — analytics | Common stock | 100% | None | N/A | 275000000 | 285000000 | -10000000 | 2024-08-22 | Short-term (to become long-term before contribution date) | Remedial allocation method | Not a USRPI — software/SaaS operating company | Built-in loss position; § 704(c) loss allocation tracking required
SUBTOTAL — Fund V-A Cayman | 2890000000 | 2340000000 | 550000000 | 6 portfolio companies contributed in Step 4
[sheet: Fund V-B Lux Assets]
Line Item | Portfolio Company Full Legal Name | Short Name | Entity Type | Jurisdiction of Organization | Industry / Business Description | Type of Interest Held | Percentage Ownership by Fund V-B Lux | Co-Investor / Parallel Holder | Co-Investor Ownership % | Fair Market Value — EUR | Fair Market Value — USD | Adjusted Tax Basis — EUR | Adjusted Tax Basis — USD | Built-In Gain (Loss) — EUR | Built-In Gain (Loss) — USD | Acquisition Date | Holding Period | IRC § 704(c) Method | Luxembourg Tax Treatment | Notes
1 | Portfolio Company A (Fund V-B Lux) | PortCo A-VB | S.A. | Luxembourg | European edge computing and IoT platform — digital infrastructure | Equity interest | 100% | None | N/A | 420000000 | 453600000 | 380000000 | 410400000 | 40000000 | 43200000 | 2023-12-01 | Long-term | Remedial allocation method (Treas. Reg. § 1.704-3(d)) | No Luxembourg capital gains tax expected per Article 3(2) of the Luxembourg law of July 12, 2013
2 | Portfolio Company B (Fund V-B Lux) | PortCo B-VB | B.V. | Netherlands | Enterprise SaaS — HR tech platform | Equity interest | 90% | Solara Digital Partners Fund V LP | 10% | 350000000 | 378000000 | 305000000 | 329400000 | 45000000 | 48600000 | 2024-01-15 | Long-term | Remedial allocation method | No Luxembourg capital gains tax expected per Article 3(2) | Co-investment with Fund V Delaware LP
3 | Portfolio Company C (Fund V-B Lux) | PortCo C-VB | S.à r.l. | Luxembourg | Data analytics SaaS — financial services vertical | Equity interest | 100% | None | N/A | 290000000 | 313200000 | 250000000 | 270000000 | 40000000 | 43200000 | 2024-04-10 | Long-term | Remedial allocation method | No Luxembourg capital gains tax expected per Article 3(2)
4 | Portfolio Company D (Fund V-B Lux) | PortCo D-VB | GmbH | Germany | Managed connectivity and SD-WAN platform — digital infrastructure | Equity interest | 100% | None | N/A | 230000000 | 248400000 | 205000000 | 221400000 | 25000000 | 27000000 | 2024-07-01 | Short-term (to become long-term before contribution date) | Remedial allocation method | No Luxembourg capital gains tax expected per Article 3(2); German withholding tax analysis separately addressed
SUBTOTAL — Fund V-B Lux | 1290000000 | 1393200000 | 1140000000 | 1231200000 | 150000000 | 162000000 | 4 portfolio companies contributed in Step 4