I'm guessing they are inductors, which would roll off the low end.
The EB-2 had a "baritone" switch that did the same thing.
One thing you can do, as long as the parts are in there, is put a cap between the inductors and the tone cap (the green wire). That would act as a varitone type midrange filter. It would roll off some mids, while keeping the lows and highs. (are there any highs?)
The circuit in the Gibson Ripper used a .1µF cap. The EB-2 used a .02µF cap.
If you want a normal tone control, just replace the two inductors with a .047µF capacitor.