BlueArc Capital Management, LLC bought PBLSX

Footnotes

On April 1, 2026, the Funds (as defined below) made a combined additional investment of $39,999,999.99 in AMG Pantheon Infrastructure Fund, LLC (the "Issuer"), $31,127,494.40 by Pantheon Infrastructure (QP) and $8,872,505.59 by Pantheon Infrastructure (QP) (TE Offshore). The amount of units purchased, the price, and the amount of units beneficially owned after the transaction, were calculated based on the Issuer's net asset value per unit, which was $10.87 as of the date of the transaction.; Represents 6,661,793.317 Class S units of the Issuer held directly by Pantheon Infrastructure (QP) and 1,951,805.630 Class S units of the Issuer directly held by Pantheon Infrastructure (QP) (TE Onshore).; This Form 4 is filed on behalf of (i) BlueArc Capital Management, LLC (the "Advisor"), (ii) BlueArc Core Alternatives Management, LLC (the "Managing Member"), (iii) Pantheon Infrastructure (QP), a series of BlueArc Core Alternatives, LLC, (iv) Pantheon Infrastructure (QP) (TE Onshore), a series of BlueArc Core Alternatives, LLC (together with Pantheon Infrastructure (QP), the "Funds"), and (v) Ronald Zazworsky, Jr. (collectively with the Advisor, the Managing Member, and the Funds, the "Reporting Persons"). The Managing Member is the managing member of BlueArc Core Alternatives, LLC and the Advisor is both the investment advisor of the Funds and the sole member of the Managing Member. Each of the Managing Member and the Advisor may be deemed to have a pecuniary interest in the securities reported herein.; (Continued from Note 3). Mr. Zazworsky is the managing director and Chief Executive Officer of both the Advisor and the Managing Member and may be deemed to have a pecuniary interest in the securities reported herein. Each Reporting Person disclaims beneficial ownership of such securities except to the extent of its or his pecuniary interest therein, if any.