1207 Capital Group LLC

Item 5 – Fees and Compensation

The fees and expenses for each Private Fund are described in detail in the associated
Private Offering Memorandum. In general, each Private Fund pays the Manager an
advisory fee (also referred to as a “Management Fee”) and an incentive allocation based
on fund performance (which, in the case of Cimarron Venture Opportunities, LP, is
referred to as “carried interest”). Different investors in the Private Funds may pay
different fees. The advisory fee for Cimarron Partners, LP, Cimarron Healthcare
Opportunities, LP, and Cimarron Energy Spectrum, LP (also known as the management
or administrative fee) is generally 1% per annum. The advisory fee for Cimarron Venture
Opportunities, LP is generally 0.75% per annum. Management Fees for Cimarron
Partners, LP and Cimarron Energy Spectrum, LP are payable in advance on the first day
of each month and are based on the capital account balances of the partners as of the
beginning of each such month. Management Fees for Cimarron Venture Opportunities,
LP are payable in advance on the first day of each calendar quarter and are based on
each partner’s aggregate capital contributions as of the start of such quarter.
Management Fees for Cimarron Healthcare Opportunities, LP are payable in arrears on
the last day of each month and are based on the capital account balances of the partners
as of the end of such month.

1207 Capital Group, LLC Form ADV Part 2A (March 2026)

If earned due to performance of Cimarron Partners, Cimarron Healthcare Opportunities,
Cimarron Energy Spectrum, and Cimarron Venture Opportunities, performance-based
fees in the form of incentive allocations or carried interest are charged to most partners
at 10% of net new profits. The incentive allocations for Cimarron Partners, Cimarron
Healthcare Opportunities, and Cimarron Energy Spectrum are subject to a customary
high-water mark, and are assessed annually and at the time of redemption. The carried
interest for Cimarron Venture Opportunities, if earned, is disbursed upon distribution
of the partnership’s profits. For purposes of computing the Management Fee, Net Assets
will be determined before any accrued but unpaid Incentive Allocation. Incentive
allocations are subject to high water mark provisions described in detail in the Private
Offering Memorandum for each fund. The incentive allocation for Cimarron Healthcare
Opportunities, LP is also subject to a 6% annualized threshold rate of return as
described in detail in the Private Offering Memorandum for the fund. The calculations
of incentive allocations and carried interest are complex, and Private Fund investors
and prospective investors should carefully review the more detailed terms set forth in
the Private Funds’ offering and governing documents.

In addition to these fees, the partners’ capital accounts are subject to various expenses
including but not limited to: audit, legal, administrative accounting, and formation
costs. The Manager has made, and may make in the future, exceptions to its general fee
schedule in its sole discretion based on various circumstances. All fees are deducted
from a partner’s share of the Partnership by the fund administrator.