50T Holdings LLC

Item 5 - Fees and Compensation
The Firm generally receives a management fee from the Private Funds that is based on either a
percentage of each investor’s (each such investor a “Fund Investor” and collectively “Fund
Investors”) committed capital or invested capital, as described in each relevant Private Fund’s
Governing Documents. The percentage is generally equal to 2%, except for the co-investment
vehicles, which generally pay management fees of 1%. Depending on the Private Fund, the
management fee is paid either quarterly, semi-annually or annually in advance. Once paid, the
management fees are non-refundable. The specific amount, manner, and calculation of the
management fee for each Private Fund is outlined in each Private Fund’s Governing Documents.
50T may waive or modify the management fee payable with respect to any Fund Investor,
including for employees and affiliates of the Firm.

While 50T does not currently anticipate receiving any cash or other compensation paid as
directors, consulting, management service, advisory, consultant, transaction, commitment,
breakup or broken deal fees or similar fees from portfolio companies of the Private Funds (“Other
Fees”) to the extent 50T or its affiliates do receive Other Fees, the management fees paid by a
Private Fund will be reduced by the full amount of such Other Fees.

Additionally, the General Partner of each Private Fund is generally entitled to receive 20%
carried interest, or 10% carried interest in the case of co-invest vehicles, on distributions after
Fund Investors receive aggregate distributions equal to 100% of such Fund Investor’s aggregate
capital contributions made to the respective Private Fund.

The Private Funds will bear their own organizational and operating expenses, including but not
limited to expenses attributable to: (a) the management fee; (b) expenses incurred in connection
with the identification, structuring, negotiation, making, sourcing (including any retainers,
success fees, finder’s fees and other compensation paid to investment banks, consultants, finders
and similar persons and subscriptions for industry associations for deal and deal sourcing
activity), researching (including research, news and data tools), holding, monitoring,
development, ownership, operation, management, financing, sale, restructuring, proposed sale or
restructuring, other disposition or valuation of portfolio investments, bridge financings and
temporary investments or investments considered for a Private Fund (including due diligence in
connection therewith), including, but not limited to, legal, accounting, audit, consulting,
appraisal, travel, lodging, transportation, meals, hedging and other expenses, the attendance at
conferences and meetings in connection with the sourcing or evaluation of potential portfolio
investments or specific sectors or industries solely to the extent that such conferences and
meetings are in furtherance of a Private Fund’s business, and expenses for business development
directly related to the development and management of the Private Fund’s portfolio investments
and any prospective portfolio investments, in each case, to the extent that such fees and expenses
are not reimbursed by a portfolio company or other third party; (c) premiums for directors and
officers insurance and other insurance protecting a Private Fund and any indemnified party from
liabilities; (d) legal, trustee, paying agent, recordkeeping, auditing and accounting fees and
expenses; (e) expenses related to the administration of a Private Fund or its subsidiaries,
including, but not limited to, fees, expenses and costs of a third party administrator, fees,
expenses and costs incurred in connection with the preparation and circulation of drawdown
notices and distribution notices (including, without limitation, fees, expenses and costs of any
software or online data portal and other service providers), the maintenance of a Private Fund’s
books of account and the preparation of audited or unaudited financial statements required to
implement the provisions of the relevant Governing Documents or by any governmental authority
with jurisdiction over a Private Fund (including those of independent auditors, accountants and
counsel, those of preparing and circulating the reports called for by the relevant Governing
Documents (including, without limitation, Schedules K-1 or other similar schedules), and any
fees or imposts of a governmental authority imposed in connection with such books and records
and statements) and other routine administrative fees, costs and expenses, including, but not
limited to, those relating to the preparation of tax returns, cash management expenses and
insurance and legal expenses and other reports to partners; (f) auditing, investment banking,
accounting, banking and consulting fees and expenses; (g) appraisal expenses, including the cost
of any independent valuation expert; (h) expenses related to the organization, documentation and
maintenance of persons through or in which portfolio investments may be made (including,
without limitation, parallel investment vehicles, alternative investment vehicles, holding
vehicles, feeder funds, blocker corporations and underlying private funds and their respective
subsidiaries); (i) expenses of the relevant Private Fund’s Fund Investor advisory committee (each
a “LP Advisory Committee”) and expenses of meetings thereof (including travel expenses and
expenses of any independent counsel engaged by a LP Advisory Committee with the consent of
the relevant General Partner); (j) taxes and other governmental charges, fees and duties payable
by a Private Fund (including interest and penalties thereon), and all expenses incurred by the tax

matters representative, as provided in the relevant Governing Documents, or in connection with
any tax filing, audit, examination, investigation, settlement or review of a Private Fund, in each
...

Item 7 - Types of Clients
The Fund Investors participating in the Private Funds may include high net worth individuals and
a variety of institutional investors (e.g., trusts, employee benefit plans, endowments, foundations,
corporations, governmental entities, and other types of entities) and may include, directly or
indirectly, principals or other employees of 50T and its affiliates.

All Fund Investors are required to be “accredited investors” (as defined in Regulation D
promulgated under the Securities Act of 1933) or “qualified purchasers” (as defined in Section
2(a)(51)(A) of the Investment Company Act of 1940) or otherwise be permitted to invest under
applicable securities laws. In certain circumstances, 50T may establish parallel fund structures to
accommodate accredited investors who did not meet the requirements of “qualified purchasers”.

50T, the general partner, or manager of the applicable Private Funds, without the approval of
another Fund Investor, have entered into, and will likely in the future enter into additional side
letters or similar written agreements with Fund Investors that have the effect of establishing
rights under, or altering or supplementing the terms of, the applicable Governing Documents
with respect to the Fund Investors who are parties to such side letters or similar written
agreements, including rights relating to greater portfolio transparency, management fee and/or
carried interest waivers or reductions, minimum investment amounts, reports and other
information and other more favorable investment terms. Any rights established, or any terms of
the applicable Governing Documents of the applicable Private Fund or supplemented in such side
letters or similar written agreements with a Fund Investor will govern with respect to such Fund
Investor notwithstanding any other provision of the applicable Governing Documents of the
applicable Private Fund.