Attinger LLC

Item 5 – Fees and Compensation
Advisory Fees

Our specific advisory fees are set forth in our Advisory Account Clients’ Advisory Agreements and the
Attinger Funds’ Governing Documents. Since all of Attinger’s clients must be qualified purchasers as
defined in Section 2(a)(51) of the ICA, this brochure will only be delivered to qualified purchasers.
Accordingly, clients should refer to their Advisory Agreements for more detailed information regarding
their advisory fee schedule.

In exchange for our services, clients pay us a management fee based on a percentage of their assets
managed by us as determined in accordance with the Governing Documents, which in some cases may
include both invested as well as committed capital. Our management fees are assessed and billed in
advance at the beginning of each quarter, based upon the assets in the client account on the last business
day of the previous quarter, pro-rated for additions and withdrawals.

In addition to the asset-based management fees, Attinger receives advisory fees from certain Advisory
Account Clients for providing advice and services regarding asset allocation, portfolio rebalancing,
portfolio strategy and/or with respect to special situations investment opportunities. Attinger also
receives fees for developing investment programs for these clients. These advisory fees may be based
on a periodic fixed fee basis or may take the form of an alternative arrangement as set forth in the client’s
Advisory Agreement.

Attinger or its affiliates are also entitled to receive certain performance-based fees as described in Item
6 below.

Clients pay the fees described above exclusively to Attinger (or its affiliates in the case of the
performance-based fees). For Advisory Account Client assets invested in the Attinger Funds, Attinger
generally charges its management fees and performance-based fees on those invested assets (as
applicable) either directly at the Advisory Account level, or indirectly through the client’s capital account
at the Attinger Fund level, but not at both levels.

The fees described above reflect our typical fee terms. However, Attinger has entered into agreements
with certain clients providing for a reduction in management and/or performance-based fees. Attinger
may enter into additional agreements to modify compensation terms in the future, without providing
notice to our other clients.

Either Attinger or the Advisory Account Client may terminate their Advisory Agreement at any time on
60 days’ written notice. Attinger and the Advisory Account Client may agree in writing to terminate on
shorter notice. In the event of a termination, any prepaid, unearned fees will be promptly refunded, and
any earned, unpaid fees will be due and payable. Advisory Account Clients who terminate their Advisory
Agreement will remain subject to the terms of those Attinger Funds’ Governing Documents of the
Attinger Funds in which they are invested until the Attinger Fund is liquidated or the client is able to
withdraw from the Attinger Fund. To the extent that Attinger charges Advisory Account Clients fees
under their Advisory Agreement rather than indirectly by charging their capital accounts of the Attinger
Funds in which they are invested, upon termination of their Advisory Agreement former Advisory
Account Clients will be subject to the fees payable to Attinger (or its affiliates) set forth in the applicable
Governing Documents.

Attinger Fund Expenses

Subject to the terms set forth in its Governing Documents, each Attinger Fund generally bears or may
bear, as applicable, (and reimburse Attinger and our affiliates for) its allocable share (as determined by
the managing member, in its discretion) of all costs, fees and expenses incurred in connection with or
relating to the business, activities and operations of such Attinger Fund (and/or those of any special
purpose, feeder or parallel investment vehicle) including, without limitation: (i) costs and expenses
incurred in connection with the formation and organization of the Attinger Fund, its managing member,
any parallel funds, alternative investment vehicles, special purpose vehicles, feeder funds and/or
subsidiaries related thereto and the offering of interests in the Attinger Fund (and any parallel investment
vehicles, alternative investment vehicles, special purpose vehicle, and/or feeder funds); management fees
payable to the Attinger Fund; banking, brokerage, registration, qualification, depositary and similar fees
or commissions; all costs, fees and expenses incurred or associated with sourcing, developing,
researching, structuring and/or negotiating investments, including third-party research, appraisals, travel,
professional advisors (including attorneys, accountants and consultants) and other expenses incurred
with such activities, including broken deal expenses; expenses incurred in connection with the carrying
or management of investments, including travel, entertainment, custodial, trustee, record keeping and
other administration fees; expenses incurred in connection with the preparation and audit of the Attinger
Fund’s financial statements, tax returns and K-1s; attorneys’, auditing and accountants’ fees and
disbursements; taxes and other governmental charges levied against the Attinger Fund including transfer,
capital and other taxes, duties and costs incurred in acquiring, holding, selling or otherwise disposing of
the Attinger Fund’s assets; expenses payable to an administrator providing administrative services to the
Attinger Fund; insurance premiums and expenses including with respect to director’s and officer’s
insurance, errors and omissions coverage and representations and warranties policies; regulatory or
litigation expenses, including settlements and damages; filing fees of the Attinger Fund and related
entities, including its managing member and/or carried interest vehicle, if any; expenses incurred in
...

Item 7 – Types of Clients
ATTINGER FUNDS

The Attinger Funds require each investor to certify that it is an “accredited investor” within the meaning
of Rule 501(a) of Regulation D under the Securities Act and a “qualified purchaser” within the meaning
of Section 2(a)(51) under the ICA. Additionally, each investor in an Attinger Fund must satisfy the
eligibility and other requirements outlined in the applicable Governing Documents or otherwise required
by applicable laws. Investments in the Attinger Funds may also be subject to minimum initial investment
amounts per investor. Any minimum investment amounts generally will be set forth or disclosed in the
applicable Governing Documents. Attinger or its affiliates may waive such minimums for any investor
without the need to disclose the waiver to or waive the minimum for any other investor.

ADVISORY ACCOUNT CLIENTS

Attinger provides advice to clients who are individuals, family offices, trusts, estates or charitable
organizations, endowments, or other corporations or business entities and other institutional investors,
and may include, directly or indirectly, principals or other employees of Attinger and its affiliates and
members of their families, or other service providers retained by Attinger. All clients are “qualified
clients” within the meaning of Rule 205-3 under the Advisers Act. All of our Advisory Account Clients
invest in the Attinger Funds; these Advisory Account Clients must be qualified purchasers as defined in
Section 2(a)(51) of the ICA. Attinger may also provide investment advisory services to various other
types of clients in the future.

Some advisory account clients may also maintain separately managed accounts with Attinger. These
accounts will be managed by an investment advisor retained by Attinger on the client’s behalf.

Attinger imposes a minimum account size of $25 million (subject to Attinger’s discretion) to accept
lower amounts.