1-Z LIVE 0001942203 XXXXXXXX N true Masterworks 165, LLC 1 World Trade Center 57th Floor New York NY 10007 203-518-5172 024-11970 Class A Ordinary Shares 024-11970 0 0001942203 Masterworks 165, LLC Masterworks 165, LLC /s/ Josh Goldstein 06-29-2026 General Counsel, Secretary and Member of the Board of Managers