ATLA Capital Management LLC

ITEM 5: FEES AND COMPENSATION
  FEE DESCRIPTION AND SCHEDULE
 Atla is generally compensated for its services through the receipt of management fees, fixed fees, and/or performance-
 based allocations (see also Item 6, below). Atla will waive management fees, fixed fees, or performance-based
 allocations in certain instances that Atla deems appropriate, in its sole and absolute discretion.

 PRIVATE FUND
     The investment management agreement entered between Atla and the Partnership governs the compensation to
     be paid to Atla. For its services, Atla is entitled to an annual management fee with respect to each Limited Partner
     of one and a half percent (1.5%) of the value of that Limited Partner’s Capital Account (the “Management Fee”).
     The Management Fee is an amount equal to one fourth of 1.5% of the Capital Account balance of each Limited
     Partner, which amount is calculated and paid in advance on the first Business Day of each calendar quarter based
     on the Capital Account balances of the Limited Partners as of such day.

     An affiliate of Atla and the General Partner, acts as a “special limited partner” of the Partnership and is entitled to
     receive a performance-based profit allocation at the end of each calendar year (and/or at certain other times) up to,
     generally, 15% of the amount by which the Partnership’s net profits allocated to the Limited Partner’s Capital
     Account for the current calendar year exceeds the balance in such Limited Partner’s Carryforward Account and the
     Hurdle Mark. This performance-based capital allocation is applicable with respect to Capital Accounts of Limited
     Partners who hold certain interests in the Partnership.

     The General Partner and/or the Investment Manager (as applicable) will agree with certain Limited Partners to a
     variation of the terms that differ from those described herein, including different management fees, performance
     allocation and withdrawal rights.

     Investors should refer to the Partnership’s Offering Materials for more detailed information regarding how
     Atla is compensated for its advisory services. The information contained herein is a summary only and is
     qualified in its entirety by such documents.

 SEPARATELY MANAGED ACCOUNTS
     Advisory fees are individually negotiated with each institutional separately managed account client. The Firm offers
     its institutional clients a variety of advisory fee options. These include but are not limited to a percentage of assets
     under management; fixed fee; performance-based fee; and/or negotiated fees. Services and fees including rates,
     calculation methodologies, and the timing of payments will be described in detail in the Investment Management
     Agreement executed by the parties.

 CONSULTING
     Consulting services are priced on an annual fixed fee basis as negotiated with the institutional client and provided
     in the Consulting Agreement.

  FEE DEDUCTION
 PRIVATE FUND
     The Management Fees are calculated, deducted, and reported on the Limited Partner statements prepared and
     issued by the Partnership’s third-party administrator on a quarterly basis. Additionally, the Partnership will provide
     each Limited Partner with audited financial statements after the end of each fiscal year.

ATLA CAPITAL MANAGEMENT LLC | Form ADV 2A | v. July 2026                                                           Page| 5

     Each Limited Partner is responsible for verifying fee computations. If there is a question about a specific fee
     calculation, please contact us.

 SEPARATELY MANAGED ACCOUNTS
     Again, payment arrangements are tailored to our institutional clients. Fees can be invoiced with payment made by
     check, ACH, or wire. Each client is responsible for verifying fee computations since custodians are not typically
     asked to perform this task. If there is a question about a specific fee calculation, please contact us. Please see Item

ITEM 7: TYPES OF CLIENTS
 PRIVATE FUND
     The Partnership is offering Interests for investment to Limited Partners that meet the appropriate minimum
     requirement as an “accredited investors” as defined in Rule 501(a) under the Securities Act of 1933, as amended
     (the “33 Act”), “qualified clients” as defined under Rule 205-3 under the Investment Advisers Act of 1940, as
     amended (the “Advisers Act”) and/or “qualified purchasers” as defined in Section 2(a)(51) of the Investment
     Company Act of 1940, as amended (the “ICA”). Each limited partner will be required to provide certain
     representations, warranties, and assurances in its Subscription Agreement.

     Accredited investors are generally (i) individuals with $1,000,000 of net worth (excluding their primary residence) or
     who had income of $200,000 in each of the two previous years (or $300,000 joint income with one’s spouse) or (ii)
     entities with assets totaling over $5,000,000. Qualified clients are individuals or entities that invest $1,100,000 with
     the Firm or have over $2,200,000 of net worth. Qualified purchasers are, generally, any natural person who owns
     not less than $5,000,000 in investments.

     The minimum initial investment by a limited partner is fifty thousand dollars ($50,000). The General Partner has the
     option to raise or reduce the minimum subscription requirement in the future and/or the option to waive the minimum
     subscription requirement for any investor.

 SEPARATELY MANAGED ACCOUNTS
     Atla expects most of our separately managed account clients to be institutions. However, we offer separate account
     management to high-net-worth individuals, family offices, corporations, institutions, and private investment vehicles.
     Atla has a preferred minimum account size of $500,000.

     If Atla charges a Performance Fee on a separately managed account, the client will be required to meet the definition
     of a “qualified client” pursuant to Rule 205-3.

 CONSULTING
     Atla expects these services to be provided to institutional clients.