Athos Private Wealth LLC

Item 5           Fees and Compensation
A. Fees for Advisory Services

Investment Advisory Services & Investment Management

Athos charges a negotiable fee based on the market value of the assets under our management.
Arrangements with any Client can differ, sometimes materially, from those fees described below. We
generally require a minimum aggregate account value of $1 million. This minimum can be waived at the
sole discretion of Athos. For all accounts we charge fees between 0.40% and 1.00%, depending on the total
account value and the fee arrangement with each Client.

Private Fund Advisor Services

The private funds Management Fees are disclosed in the funds’ limited partners agreements. Generally, the
Investment Manager charges the Funds an asset-based management fee (the “Management Fee”) for the
investment management services provided, at an annual rate of between 1.0% and 2.0% of the net asset
value of such Fund or the capital commitments of the underlying investors. The Management Fee is billed
in advance as of the first day of each calendar quarter.

Family Office Consulting and Services

Family office consulting and services fees are offered at a standalone flat annual fee, negotiated with each
family, or as an add-on offering for either: (a) an additional fee to the assets under management fee, or (b)
if assets exceed a level negotiated with each family those services will be added for no additional cost.

Please Note: Athos, in its sole discretion, may charge a lesser investment advisory fee and/or charge a flat
fee based upon certain criteria (i.e. anticipated future earning capacity, anticipated future additional assets,
dollar amount of assets to be managed, related accounts, account composition, prior fee schedules,
competition, negotiations with Clients, etc.). As result of the above, similarly situated Clients could pay
different fees. In addition, similar advisory services may be available from other investment advisers for
similar or lower fees.

We may occasionally charge one-off strategic consulting and/or services fees.

B. Fee Billing

Investment Advisory Services & Investment Management

The investment advisory fee is billed monthly in arrears, calculated based on the average daily balance of
your account over the preceding month. The monthly fee equals 1/12th of the agreed upon annual rate,
multiplied by the average daily balance of each respective account. Fees will be deducted from your
account(s). As part of this process, you are made aware of the following:

a) You provide written authorization permitting us to be paid directly from the account(s) held by the
   independent custodian.
b) Our firm will use an independent third-party software to calculate your fees and our designated third-
   party service provider sends an electronic request to the custodian indicating the amount of the fee to
   be paid from your account(s).

c) The custodian sends statements at least quarterly to you showing the market values for each security
   included in the account(s) and all disbursements in your account(s), including the amount of the
   advisory fees paid to us.

Family Office Consulting and Services

For family office consulting services, the Client will be billed quarterly in advance based on the agreed
upon fee. Fees will be deducted from your account(s). As part of this process, you are made aware of the
following:

a) You provide written authorization permitting us to be paid directly from the account(s) held by the
   independent custodian.
b) Our firm will use an independent third-party software to calculate your fees and our designated third-
   party service provider sends an electronic request to the custodian indicating the amount of the fee to
   be paid from your account(s).
c) The custodian sends statements at least quarterly to you showing the market values for each security
   included in the account(s) and all disbursements in your account(s), including the amount of the
   advisory fees paid to us.

C. Other Fees and Expenses

As discussed below, unless the Client directs otherwise or an individual Client’s circumstances require,
Athos will generally recommend that Schwab Institutional Charles Schwab & Co., Inc. (“Schwab”) serve
as the broker-dealer/custodian for Clients’ investment management assets. Broker-dealers such as Schwab
charge brokerage commissions and/or transaction fees for effecting certain securities transactions in
accordance with their respective brokerage commission and transaction fee schedules. These transaction
fees are separate from our fees and will be disclosed by Athos that the trades are executed through.

In addition to Athos’s investment management fee, brokerage commissions and/or transaction fees, Clients
may also incur fees charged directly by mutual funds, exchange-traded funds, index funds, or private
investments. Each fund has its own internal expenses which generally include a fund management fee and
other fund expenses. In addition, some funds charge a redemption fee on shares bought and sold within a
short period. Funds describe their expenses in their prospectuses, summary prospectuses, or product
descriptions. Clients are advised that these fees are separate and additional expenses incurred by the Client.

Clients are also responsible for all applicable charges including, but not limited to, account administrative
fees, account closure fees, and all trading costs due to the termination of an account, including any fees
fund managers may assess. Upon request, we will provide a good faith estimate of these fees. Clients are
also responsible for attorney, accountant, or other third-party professional fees charged as a result of
services provided by Athos.

Athos offers a number of fund of funds as part of its Private Fund Advisor Services. The investor will be
charged the respective Fund management and performance fees. Additionally, there are fees relating to the
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Item 7           Types of Clients
Athos Clients may include, without limitation, high-net worth individuals, families, trusts, estates,
charitable organizations, and businesses. We generally require a minimum aggregate account value of $1
million. The minimum for each private investment is described in the Offering Documents.

This minimum can be waived at the sole discretion of Athos Private Wealth LLC.