1Sharpe Capital LLC

Item 5: Fees and Compensation

Item 5.A.

1Sharpe Capital is compensated for its advisory services to the Credit Funds based upon the amount of each
Limited Partner’s monthly account balance. 1Sharpe Capital generally charges a management fee which is
applied to the balance in the Limited Partner’s participation account (“Participation Account”) as of that
month-beginning. In addition, with respect to the Credit Funds, 1Sharpe Capital and/or the General Partner
is generally entitled to a performance fee or incentive allocation (“Performance-Based Compensation”)
which is based on a Fund’s performance or “outperformance” for the year. Outperformance is the amount
by which the net return exceeds the negotiated hurdle amount after giving effect to certain “loss
carryforward” recovery provisions. A Limited Partner’s loss carryforward amount generally consists of
unrecovered losses from prior periods.

Subject to the terms and conditions provided in the Venture Fund’s Governing Documents, 1Sharpe Capital
charges a quarterly management fee with respect to the Venture Fund which is applied to the capital
commitments of the Limited Partners. Additionally, 1Sharpe Capital and/or the Venture Fund’s General
Partner is entitled to a performance (“Carried Interest”) based on target percentages once the Venture
Fund’s performance reaches particular performance milestones.

In general, the fees for the Funds are not negotiable. The Firm may, via Side-Letters with particular Limited
Partners, reduce or waive the management fee or Performance-Based Compensation attributable to those
Limited Partners.

Additional details regarding management and performance fees are set forth in each Fund’s relevant
Governing Documents.

Item 5.B.

Pursuant to the terms of each Fund’s Governing Documents, the Firm is authorized to deduct management
fees from each Limited Partner’s capital account on a monthly basis for the Credit Funds and call capital
commitments from the Venture Fund’s Limited Partners.

Item 5.C.

Each Fund’s Governing Documents contain information regarding the fees and expenses of the Funds
managed by the Firm. Each Fund will bear its own organizational costs and the costs involved in the initial
offer and sale of Fund interests, including costs of preparing, revising, reproducing, and disseminating the
offering memorandum, other offering materials, and supplemental materials. Each Fund will generally bear
its own operating costs which may include, among other things: commissions and other transaction-related
costs; interest and other financing-related costs; costs of systems, facilities, and third party services for order
placement, order management, clearance and settlement, and risk management; costs directly related to
researching, acquiring, holding, and/or monitoring and administering investments (including portfolio
management systems and travel related expenses); costs of servicing and collecting income from loans and
other debt instruments; costs of quotation, computerized news, pricing, or statistical services; audit,
accounting, tax preparing and reporting, and other professional fees and expenses; legal fees (including fees
paid to the General Partner’s counsel for services in connection with the Fund’s activities); governmental
fees and taxes (other than taxes specially allocated to certain Limited Partners); custodial fees; costs of

reporting to Limited Partners; costs of Fund governance activities, including costs related to meetings of an
advisory committee of a Fund, as applicable; costs of compliance with regulatory or reporting requirements
attributable to the Fund’s activities; fees and expenses paid or reimbursed to the Fund administrator; costs
in connection with the ongoing offer and sale of Fund interests; and all other costs reasonably related to the
Fund’s operations or the purchase, sale, or transmittal of its assets.

To reflect the reduced time and/or effort that the Firm or its members will devote to the Venture Fund by
reason of performing services as a director or consultant to portfolio companies of the Venture Fund, the
Limited Partner percentage of any directors’ fees or consulting fees, transaction fees, monitoring fees,
break-up fees or equivalent compensation, whether in cash or in kind, paid to the Venture Fund’s General
Partner, the Firm, the Firm’s principals, the Venture Fund’s General Partner’s managing member or an
affiliate of any of the foregoing from any portfolio company of the Venture Fund (other than reimbursement
of out-of-pocket expenses, including taxes, if any) for services rendered by such persons (hereinafter, “Fees
Subject to Offset”) shall be offset against and reduce the amount of the management fee payment next due
to 1Sharpe Capital, and then against each successive quarterly management fee payment, until such Fees
Subject to Offset have been fully offset, unless waived by the Venture Fund’s advisory committee. Fees
Subject to Offset shall not include fees or other remuneration received by the Venture Fund, a related Fund,
a portfolio company of the Venture Fund or an individual whose primary relationship with the Venture
Fund’s General Partner and 1Sharpe Capital is as a mere “venture partner,” “entrepreneur-in-residence,”
“executive-in-residence,” “consultant,” “contractor” or “advisor” (as those terms are generally understood
in the venture capital and growth equity industries) or similar professional.

Item 5.D.

Each Fund pays 1Sharpe Capital a management fee, in advance, on a monthly or quarterly basis,
commencing on each Fund’s specified closing date, in respect of the Limited Partners therein. Fees are not
reimbursable in the event of an early termination of either a Fund or a Limited Partner’s participation in a
Fund.

Item 5.E.

None of 1Sharpe Capital or any of its supervised persons accept compensation for the sale of securities or
other investment products.

Item 7: Types of Clients

1Sharpe Capital provides investment advice to Funds domiciled in Delaware and the Cayman Islands. The
minimum investment amount in a Fund is generally $1,000,000. This amount may be higher or lower
depending on each Fund’s Governing Documents and management discretion and the relevant General
Partner retains the right to waive such minimum amount.