Acre Capital Advisors LLC

Item 5:        Fees and Compensation
The Adviser receives an asset-based management fee from each EAP Fund that is payable quarterly in
advance or arrears. Generally, management fees for the Funds vary based on the aggregate
commitment of the investors and the invested capital by the Funds, as further described in the
applicable EAP Governing Documents. If the Adviser’s advisory agreement with an EAP Fund is
terminated, management fees will be charged on a pro rata basis through to the date of termination,
and any fees paid in advance but not earned will be refunded. The general partner of an EAP Fund
generally makes capital calls on EAP Fund investors for the amount of the Adviser’s management fees
and pay the amounts received to the Adviser. In addition to the management fees described above,
the Adviser is generally entitled to receive a carried interest allocation from an EAP Fund after
certain performance hurdles have been met, as further described in the applicable EAP Fund Governing
Documents. Such carried interest represents a portion of an EAP Fund’s net investment profits.

The Adviser’s fee schedule is omitted because this brochure is only being delivered to qualified
purchasers as defined in the Investment Company Act of 1940, as amended.

It is anticipated that the Adviser may receive similar asset-based management fees and carried
interests from co-investment vehicles (each, a “Co-Investment Vehicle”) that it organizes in the future.
Limited partners in the EAP Funds should review the applicable EAP Fund Governing Documents
carefully for a full description of the fee revenues and other compensation that the Adviser may receive
from such EAP Fund.

Prior to making any investment decision, potential investors in the EAP Fund or any Co-Investment
Vehicle should review the applicable EAP Fund Governing Documents or Co-Investment Vehicle
governing documents, as applicable, carefully for a full description of the fee revenues and other
compensation that the Adviser can receive.

The management fees and carried interest are generally subject to waiver or reduction by the general
partner with respect to some or all of an EAP Fund’s limited partners in the general partner’s sole
discretion, as further described in the applicable EAP Fund Governing Documents.

In general, each EAP Fund bears all costs and expenses incurred in connection with the organization
of the EAP Fund, the EAP Fund’s general partner and the Adviser, including the costs of preparing the
governing documents of the EAP Fund’s general partner and the Adviser, including but not limited to
legal and accounting fees, printing costs, and business development, travel and other out-of-pocket
expenses, and all costs and expenses incurred in connection with the marketing and offering of
interests in the EAP Fund (“Organizational Expenses”), up to a maximum amount specified in the
applicable EAP Fund Governing Documents. Organizational Expenses in excess of this amount, and
any placement fees, will be paid by the EAP Fund but borne by the Adviser through a 100% offset (but
not below zero) against the EAP Fund’s management fee.

In addition, an EAP Fund will generally be responsible for all expenses relating to its own operations,
including, without limitation, (i) Organizational Expenses; (ii) the management fee, as discussed
above; (iii) all out-of-pocket costs of the administration of the EAP Fund, which administrative
services may be provided by third parties or by affiliates of the general partner or the Adviser at rates
determined by the Adviser to be commercially reasonable but in any event not to exceed the rates that

would be paid to third parties on arms-length terms, including custody, consulting, investment
banking, administrative, tax and accounting, audit, legal, depositary, safekeeping and other
professional fees (including the fees, costs and expenses of administrative services provided by any
fund administrator (including any anti-money laundering or “know your customer” diligence in
connection with the onboarding and ongoing participation of limited partners in the EAP Fund)),
expenses, fees or costs relating to meetings of partners (including meetings of the limited partner
advisory committee) or with individual partners (in each case, including costs of travel including
private and commercial air travel expenses (except that any private air travel will only be charged to
the EAP Fund to the extent of the cost of first class commercial airfare), accommodations, meals and
beverages, registration fees, materials and other reasonable costs related to any such meeting),
allocable total compensation (inclusive of bonus and benefits) of in-house attorneys, accountants, tax
advisors and other professionals based upon the percentage of such person’s documented business
time allocated to matters related to EAP Fund business, including, for the avoidance of doubt,
investments (which compensation may be charged to, and paid directly by, the applicable investment),
costs of any liability insurance obtained with respect to any indemnified person, costs associated with
reporting and providing information to existing and prospective limited partners on EAP Fund or
investment-related matters, including the preparation and dispatch to the partners of distributions,
financial reports, ESG and other similar reports, U.S. Internal Revenue Service Schedules K-1 (and any
similar or equivalent tax forms of an applicable jurisdiction) and other tax filings and notices required
pursuant to the limited partnership agreement and other EAP Fund- related reporting obligations, any
Freedom of Information Act or Open Records statute (or similar) responses or other communications,
including all internal and third-party printing (including a flat service fee), publishing (including time
spent performing such printing and publishing services) and reporting-related expenses in respect of
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Item 7:         Types of Clients
EAP provides investment advisory services to its Clients, which consist of the EAP Funds, institutional
client as sub-advisor, and AECOM Manager as a sub-advisor. Investors in the EAP Funds will generally
include endowments, foundations, public and private pension funds, funds-of-funds, corporations,
U.S. and non-U.S. institutional investors, family offices, insurance companies, and high net worth
individual investors.