Additive Advisory PBC

Item 5 - Fees and Compensation

Management Fees

As the manager to the Fund, Additive receives a management fee. Paid semi-annually in arrears,
the management fee is equal to the applicable management fee percentage of the balance of
each capital account of each limited partner, as applicable. The management fee percentage is
equal to (i) .425% for founders class interests; (ii) .5625% percent for class a interests; and (iii)
.625% for class b interests from each limited partner’s capital accounts.

The management fee may be waived, reduced or calculated differently with respect to any
Fund shares, including, without limitation, shares corresponding to the shares of shareholders
that are members, shareholders, partners, affiliates or employees of the Firm, members of the
immediate families of such persons and trusts or other entities for their benefit; provided, that
no reduction, waiver or amendment to the method of calculation may be agreed to without
the consent of Additive.

Other Expenses

Expenses of the Fund include, among other things: professional fees (including expenses of
consultants, investment bankers, attorneys, accountants and other experts) relating to
investments, administrative expenses, legal expenses, external accounting and valuation
expenses (including the cost of accounting software packages), audit and tax preparation
expenses, fees and expenses of the Advisors, and costs relating to directors' and officers'
liability insurance.

For a more detailed discussion on all expenses, please see the Fund’s offering memorandum.

If Additive incurs any of the expenses mentioned above on behalf of the Fund, the Firm will
allocate such expenses to the Fund.

With respect to the SMAs, there is a combination of a quarterly fee equal and an AUM fee.

Additive Advisory PBC                                          Form ADV Part 2A

For a more detailed discussion of brokerage and transaction costs, Investors are directed to

Item 7 - Types of Clients

The Firm’s Clients are its Fund and SMAs.

The Fund’s offering memorandum and subscription documents provide the eligibility criteria
and minimum investment requirements.

In general, each Investor in the Fund must be a “qualified purchaser” as defined in Section
2(a)(51) of the Investment Company Act of 1940. Although the General Partner has the
authority to accept subscriptions of a lesser amount, the required minimum initial investment
in the Fund is generally US $1,000,000.

The SMA governing documents allow clients to invest with the Firm. Account minimums are
separately negotiated and dependent on strategy.