AMH Equity Ltd

ITEM 5: FEES AND COMPENSATION

A. Advisory Fees and Compensation - AMH will receive annual management fees from its
Private Fund of 1.5% the net asset value (“NAV”) of assets under management, payable
quarterly in advance in an amount equal to 0.375% of the balance in each limited partner’s
capital account at the beginning of each quarter. The investment management fees are
calculated and charged to investors quarterly in advance based on the value of the assets in the
Private Fund’s limited partner’s capital account (including net unrealized appreciation or
depreciation of investments and cash, cash equivalents and accrued interest) on the first day of
the quarter.

The Private Fund also charge a Performance Allocation which is described in Item 6 below.

AMH has in the past extended lower fee terms to certain clients and/or investors based upon,
among other things, their previous business relationship with the principals of AMH.

B. Payment of Fees – The Private Fund charges the investment management fee each quarter
and investor accounts are billed and payable in advance. Investor account additions may only
be made at a month-end. Withdrawals are only at the end of a quarter. AMH reserves the right
to allow withdrawals at a month-end. If an investor withdraws or subscribes to the Private
Fund, the fee payable to AMH will be based upon the value of the assets at the month-end prior
to taking into consideration these transactions.

C. Other Fees and Expenses - In addition to paying investment management fees and the
Performance Allocation, Private Fund investor accounts will also be subject to other investment
expenses such as (either directly or through reimbursement of the General Partner and/or the
Manager): (i) all expenses related to organizing the Private Fund, including, but not limited to,
legal and accounting fees, printing and mailing expenses and government filing fees; (ii) all
expenses incurred in connection with the offer and sale of the Interests and the admission of
Limited Partners; (iii) all operating expenses of the Private Fund, including tax preparation fees,
governmental fees and taxes (other than taxes that are specifically attributable to or allocable to
one or more Partners), and ongoing legal, accounting and bookkeeping fees and expenses and
(iv) all Private Fund trading costs and expenses (e.g., brokerage commissions, expenses related
to short sales and clearing and settlement charges). The General Partner and/or the Advisor
will pay all other expenses related to the administration of the Private Fund, including, but not
limited to, salaries of employees, supplies, office rent and equipment, quotation services,
utilities and administrative services.

D. AMH’s clients pay quarterly management fees in advance. Should a client redeem intra
quarter, no refund is provided.

E. AMH does not accept any form of compensation for the sale of securities or other investment
products.

Please also see the answers to Items 8, 10 and 12.

ITEM 7: TYPES OF CLIENTS

AMH provides advice to the AMH sponsored Private Fund. Interests in the Private Fund are
held by the investors who elect to participate in such Fund. Prospective investors are requested
to refer to the governing documents of such Private Fund for more complete details. The
Private Fund is offered exclusively to accredited investors as that term is defined under Rule
501(a) of Regulation D promulgated under the Securities Act of 1933, as amended and
“qualified clients” as that term is defined under Rule 205-3 of the Investment Advisers Act of
1940, as amended. The Private Fund is exempt from registration from the Investment Company
Act of 1940, as amended (the “1940 Act”) pursuant to Section 3(c)(1) of the 1940 Act, and is
therefore not required to register as an investment company under the 1940 Act in reliance
upon certain exemptions available to AMH’s Private Fund whose securities are not publicly
offered. AMH generally requires that a limited partner in a Private Fund invest a minimum of
generally $250,000 to $500,000; although, AMH may accept a lesser initial investment in its sole
discretion.

Please also see the answers to Items 4 and 10.