Astra Ventures Investment Partners LLC

Item 5: Fees and Compensation

Investment Advisory Services

Depending upon the type of advisory service to be provided, fees will be calculated for such services
in one of the following manners:

•   Percentage of Assets under Management (AUM): Clients will be charged as a percentage of
    assets under management with us, according to the schedule set forth in the client
    management agreement between us and the client; or for private funds clients will be charged
    a management fee based on a percentage of invested or committed capital.

                Part 2A of Form ADV: Astra Investment Partners LLC Brochure (dba Astra)

•   Percentage of Assets under Advisement (AUA): Clients will be charged as a percentage of
    assets under advisement with us, according to the schedule set forth in the client management
    agreement between us and the client.

•   Flat Fee: Select clients may be charged a flat fee in exchange for contributing investment
    research and/or trade ideas.

The standard fee schedule for accounts subject to a fee based on a percentage of AUM or AUA is
detailed below.

               Aggregate value of the Client’s Account                 Fee %
               $0 to $1,000,000                                        0.95%
               $1,000,001 to $5,000,000                                0.85%
               $5,000,001 to $10,000,000                               0.75%
               >$10,000,000                                            0.65%

The fee charged to the client will be set forth and identified in an agreement between Astra and
that client. We may negotiate other fee schedules depending on the size of the account, type of
account, the level of client service required and other factors we consider relevant, including
timing of client relationship. We typically do not impose a minimum account size or a set minimum
annual fee for investment advisory services.

For the fee charged as a percentage of assets under management or assets under advisement, fees
are charged quarterly in arrears based on the average daily market value of the client's account(s),
as determined by the custodian(s), fund managers and/or by an aggregating technology service
vendor. For private funds, management fees will be charged as described in the offering
documents. Astra does not charge Advisory Fees on assets invested in private funds managed by
Astra where Astra earns a management fee as this would result in a double charge.

For any investment holdings that are not valued daily, the average daily market value calculation
will use the most recent valuations available at the time of billing. For the avoidance of doubt, for
certain illiquid funds that are valued quarterly, the valuation for a given day will be the most recent
quarter-end valuation that is available. Therefore, absent an intra-period valuation update, the
valuation may be held static for the entire period. To illustrate such an instance, for a 2nd quarter
billing cycle of April 1 to June 30, the fee for an investment that prices quarterly would be based off
the March 31 valuation, given the June 30 valuation may not be available until after the billing cycle
is completed. Absent an-intra period valuation update, the March 31 price of this investment would
be held static for each day from April 1 to June 30.

Cash and assets which are invested in shares of mutual funds, exchange-traded funds, non-
exchange traded funds (including BDCs, REITs), individual securities, collective trusts, unit
investment trusts and/or closed-end funds and private funds not advised by Astra and private
placements shall be included in the calculation of the value of the client's assets under
management or advisement, as applicable, for purposes of computing our fee. A client's margin
balance is typically included when calculating assets under management with Astra. This will be in
addition to any margin interest being paid by the client.

For partial quarters, fees are pro-rated based on the policy to bill in arrears and based on the

               Part 2A of Form ADV: Astra Investment Partners LLC Brochure (dba Astra)

average daily market value of each account. Further, if there is a deposit to or withdrawal from a
client's account(s), our fees will be prorated based on this methodology. To the extent any
transactions happen to fall outside of this methodology, all unearned fees will be refunded to the
client in the event the client terminates our services.

Unless other arrangements are made, fees are typically collected via ACH payment, check, credit
card or direct debit to a custodial account. Fees collected via ACH or credit card are processed using
a third-party software vendor. In addition, clients must independently approve and initiate each
payment by ACH or credit card. Astra does not have access to the banking or credit card
information for any client nor does it have an ability to auto-draft fees via ACH, check or credit
card. In addition, invoices for such fees are sent to the clients. The client is responsible for verifying
the accuracy of the fee calculation.

In addition, upon the client’s direction, fees could also be directly debited from a client's custodial
account(s). If a client chooses this approach, each client is required to provide the qualified
custodian of the client's account(s) written authorization to deduct the fees described. In addition,
invoices for such fees are sent to the Custodian(s) and Custodians send quarterly statements to
clients. The custodian sends the client a statement, at least quarterly, indicating the amount of our
fees and all amounts disbursed from the account to Astra for our fees. The client is responsible for
verifying the accuracy of the fee calculation, as the custodian will not verify the calculation.
Payment of fees may result in the liquidation of client's securities if there is insufficient cash in the
client's account(s).
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Item 7: Types of Clients

Astra may offer its services to individuals, high net worth individuals, corporations and other
business entities, pension and profit-sharing plans, endowments, foundations, charitable
organizations, investment advisors, estates and trusts. Astra also acts as investment adviser to
Private Funds.