Privacy Notice

(as required by SEC Regulation S-P and the Gramm-Leach-Bliley Act)

The Securities and Exchange Commission and the Federal Trade Commission have adopted rules that require financial institutions, like Canyon Catalyst Fund. (“Canyon”), to provide privacy policy notices to their customers, which includes our investors. Canyon believes that protecting the privacy and personal information of our current, former, and prospective investors is of utmost importance and we are fully committed to maintaining the privacy of such information in our possession. In accordance with applicable rules, we are providing current and prospective investors with the following information.

Canyon collects nonpublic personal information about current and prospective investors from the following sources: (i) information we receive on account agreements and related forms (for example, name, address, social security number, birth date, assets, income, and investment experience); and (ii) information about investor transactions with Canyon (for example, account activity and balances).

Canyon only discloses nonpublic personal information about our current, former, and prospective investors as permitted by law or regulation. We restrict access to such nonpublic personal information to our personnel, our affiliates and their personnel, our service providers, our outside counsel, and our outside auditors who need to know that information in order to (i) ensure compliance with applicable laws and regulations or (ii) provide products or services to our investors. Accordingly, Canyon maintains physical, electronic, and procedural controls in keeping with federal standards to safeguard the nonpublic personal information about current, former, and prospective investors that is in our possession.

If, at any time in the future, it is necessary to disclose any of your personal information in a way that is inconsistent with this policy, we will give you advance written notice of the proposed change so that you will have the opportunity to “opt out” of such disclosure.

Please call 310-272-1500 if you have any questions regarding this notice. Thank you.