Agriglobe Land Advisors LLC

Item 5 – Fees and Compensation

Agriglobe, or an affiliate can earn three different types of fees:

    1. Management Fees: Management fees are fees paid to Agriglobe or an affiliate for the purpose of
       the ongoing management of the acquired farmland. These fees are on a per acre basis. Per acre
       fees range from $200 to $300 per acre, per year. Fees are charged monthly, in arrears.

        Since investors are generally not permitted to withdraw or redeem their investment in a Fund prior
        to the dissolution of the Fund, refunds of Management Fees are not available to investors. In the
        event the advisory arrangement is terminated during a quarter, advisory fees that have been prepaid
        are generally returned on a prorated basis.

    2. Real Estate Commissions: Agriglobe, Inc., and affiliate of Agriglobe, is a licensed real estate
       broker and can earn commissions at the time a Fund or investor purchases real property, or upon
       the sale of a property. Commissions range from 1.0% to 3.0% of the sales price of the property,
       and are paid at closing from closing proceeds.

    3. Carried Interest: At the time of this filing, Agriglobe intends to charge a performance based fee for
       a Fund, but specific terms of that fee have not yet been determined. It is expect that the carried
       interest will be twelve percent (12%) of performance, subject to an 8.0% hurdle rate.

        With regard to other fees and expenses, Agriglobe and each Managing Member bear their own
        overhead associated with each Fund’s activities (including compensation of officers and employees
        of Agriglobe and general office overhead). Each Fund (together with any parallel funds, allocated
        pro rata based on capital commitments) bear all expenses (“Organizational Expenses”) incurred in
        connection with the organization of the Fund, each parallel fund, and their respective Managing
        Members.

Other Expenses:

Each Fund bears and is charged with all costs and expenses relating to the activities and operations of the
Fund, including, but not limited to those defined as “Partnership Expenses in the applicable Fund’s
Investorship Agreement. These may include: (i) all costs related to the Fund’s operations, including (but,
for the avoidance of doubt, not limited to) (A) costs, fees and other out-of-pocket expenses related to the
investigation and evaluation of investment opportunities, whether or not consummated, and whether
incurred before or after the formation of a Fund; (B) costs and expenses related to the acquisition including
legal, regulatory, tax and/or compliance costs incurred in connection with structuring such acquisition),
ownership, management, operation, development (including hard and soft costs), improvement, servicing,
financing, refinancing, currency hedging costs, hedging of interest rates on financings, or sale or other
disposition of Fund assets, including costs relating to property operations and services, such as for example
direct application service costs (e.g., Nexus, MRI, etc.); (C) sales, leasing and brokerage commissions,
entitlement costs, development fees, construction management fees, loan servicing fees, costs of tenant and
capital improvements, custodial expenses and other costs incurred in connection with Fund Assets; (D)
expenses associated with the organization, documentation and/or restructuring of any operating entities or
special purpose vehicles (including with respect to obtaining preferred shareholders for any REIT
Subsidiaries); (E) costs and expenses of meetings with or reporting to the Investors (including any reports
prepared upon the request of a Investor and reasonable out-of-pocket costs and expenses incurred by such
Investor to attend in person meetings of the Investors); (F) fees, costs and expenses for the following,

whether, in each case as applicable, such fees, costs and expenses are charged for services performed by
third parties or Agriglobe affiliates (e.g., accounting and tax and compliance professionals): (1) accounting,
bookkeeping, administration, auditing, Fund-related research, consulting, and legal services, (2) any
reports, studies or other materials prepared by such third-parties, including, for example, environmental
sustainability studies for the Fund’s investments, (3) maintaining bank accounts or of any banks, custodians,
depositories or administrators appointed for the monitoring and/or safekeeping of the Fund assets or other
property of the Fund or any subsidiary, (4) costs to implement and maintain data sites and investor portals
for Investors, and (5) preparing and distributing financial statements, tax returns and reports and audits
(including reports prepared upon the request of a Investor) to the Partners; (G) costs and expenses of
meetings of or reporting to any advisory board (including reasonable out-of-pocket costs and expenses
incurred by members of an advisory board to attend in person meetings; (H) costs related to risk
management services and insurance for a Fund, including insurance (which may include blanket insurance
policies procured by Agriglobe) to protect the Fund, the Managing Member, Agriglobe, the respective
officers, directors, employees, partners, managers, and members of any of the foregoing, the Investors and
the members of an advisory board or the Investors that have appointed such members of an advisory board
in connection with the performance of activities related to the Fund; (I) costs relating to the Fund’s
indemnification obligations; (J) litigation expenses; (K) obligations arising in connection with any
borrowings of the Fund and its subsidiaries including legal expenses incurred in connection with the
negotiation, incurrence and maintenance thereof; (L) expenses incurred in connection with dissolving and
liquidating the Fund and any subsidiaries; (M) any taxes, fees or other governmental charges levied against
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Item 7 – Types of Clients

Agriglobe provides investment advisory services on a discretionary basis to the Funds and direct investors.

Investors are generally required to make certain representations when investing in a Fund, including, but
not limited to, that (i) they are acquiring an interest for their own account; (ii) they received or had access
to all information they deem relevant to evaluate the merits and risks of the prospective investment; and
(iii) they have the ability to bear the economic risk of an investment in the Fund. Details concerning the
applicable investor suitability criteria are set forth in the respective Governing Fund Documents and
subscription materials, which are furnished to each prospective investor.