6th Man Ventures LLC

Item 5.     Fees and Compensation

We generally receive management fees and may also receive carried interest and other additional
compensation from portfolio companies in connection with our advisory services. An investor or
prospective investor may refer to the Governing Documents for information regarding fees.

Management Fees

The Adviser paid management fees from the 6th Man Funds as described in the Governing
Documents. These management fees are paid quarterly in advance and are deducted from the
assets of each Fund. The management fees are based on a percentage of committed capital, and
this percentage is reduced over time based on specific events as outlined in the Governing
Documents. The management fee will also be pro-rated for any partial periods. We have the ability
to waive or modify the management fee payable with respect to certain investors, including
employees.

6th Man is entitled to receive director’s fees, consulting and advisory fees, commitment fees,
monitoring fees, break-up fees, broken deal fees, transaction fees and success fees or other
remuneration (including any options, warrants or other equity securities but excluding
reimbursement of expenses) paid during such year by certain portfolio companies held by the 6th
Man Funds.
Incentive Distributions or Carried Interest

The general partner for each Fund may be entitled to receive incentive distributions or carried
interest distributions from the relevant Fund. Carried interest is a performance-based form of
compensation in which a general partner is entitled to receive a specified share of the profits earned
by each Fund. Limited partners and prospective limited partners are encouraged to carefully
review the Governing Documents for each Fund for details on how incentive distributions or carried

interest may be determined for such 6th Man Fund.

Expenses

In addition to the management fee and incentive distributions or carried interest, the 6th Man Funds
bear certain expenses as outlined in the Governing Documents. Please review the Governing
Documents for each Fund for a detailed description of expenses such 6th Man Fund will bear.
Generally, 6th Man Fund expenses include, without limitation, organizational expenses; all costs
and expenses incurred in the holding, purchase, sale or exchange of assets (whether or not
ultimately consummated), including, but not by way of limitation, placement fees, finder’s fees,
interest on and fees and expenses arising out of real property or personal property taxes on
investments, including documentary, recording, stamp and transfer taxes, brokerage fees or
commissions or discounts, fees paid to centralized and decentralized Digital Asset Exchanges (as
defined below), market makers and other liquidity providers, or other similar charges incurred in
connection with the purchase or sale of investments (including any merger fees payable to third
parties and whether or not any such purchase or sale is consummated), marketing fees, advertising
fees, printing fees, wholesaling fees, and investor-related services and other similar costs, travel
and travel-related expenses in connection with the investment activities of a 6th Man Fund, legal
fees and expenses, expenses incurred in connection with the investigation, prosecution or defense
of any claims by or against a 6th Man Fund, including claims by or against a governmental authority,
audit and accounting fees, fees for outside appraisers and independent asset valuations services,
costs of financial statements and other reports (including Schedule K-1s) to, and other
communications with, investors in a 6th Man Fund whether physical or electronic (including
software used to electronically distribute such reports and other communications), expenses
associated with making capital calls from, and distributions to, investors, including fees and
expenses of information technology used to facilitate all such activities, as well as costs of all
governmental returns, reports and filings and similar fees paid on behalf of a 6th Man Fund,
including reimbursements of any fees and expenses to advisers, service providers and other third
parties, expenses associated with a 6th Man Fund’s compliance with applicable laws and
regulations, including regulatory filings as they relate to a 6th Man Fund’s activities, including all
fees and expenses relating to compliance with tax, securities law or other legal or regulatory
requirements applicable to a 6th Man Fund or their investors (including the offering and sale of
interests in a 6th Man Fund in any jurisdiction, including any such obligations arising under the
Alternative Investment Fund Managers Directive or the securities law of any jurisdiction, or from
managing compliance with FATCA or similar regimes), out-of-pocket costs and expenses, if any,
associated with any third-party examination or audits (including similar services) of a 6th Man Fund,
the Adviser, a general partner or their affiliate that are attributable to the operation of a 6th Man
Fund or requested by one or more investors in a 6th Man Fund, all fees and expenses relating to
establishing any credit facility and all fees and expenses related to any borrowings under any credit
facility or other borrowings by a 6th Man Fund, including any interest expense for borrowed money
as well as financing, commitment, origination and similar fees and expenses, expenses of loan
servicers and other service providers, governmental registration, filing and licensing costs and fees
relating to a 6th Man Fund, the general partners and the Adviser, expenses attributable to normal
and extraordinary investment banking or commercial banking, costs and expenses incurred for
research services and publications, including legal fees for investment-related research, banking,
and consulting fees relating to investments or proposed investments, costs and expenses for
...

Item 7.      Types of Clients

As noted under Item 4, we provide advice directly to our Fund clients and not individually to
investors in any Fund. Investors in the 6th Man Funds are all “accredited investors” or are “qualified
purchasers” as defined in the 1940 Act, and may include, e.g., non-profits, funds of funds, pension
plans, endowments, other institutional investors, family offices, and high net worth individuals. The
Adviser does not have a minimum size for a 6th Man Fund commitment, but minimum investment
commitments may be established in the future for investors in the 6th Man Funds by the general
partner of each such fund. If the Adviser imposes a minimum investment amount for any Fund, the
minimum investment in such 6th Man Fund is outlined within the respective Fund’s Governing
Documents. However, any minimum investment amounts for a 6th Man Fund may be waived at
our discretion.