Big League Advance LLC

Item 5: Fees and Compensation

The fees applicable to each of the Funds are set forth in detail in the Fund’s Offering
Documents. A brief summary of such fees is provided below.

Management Fee

BLA is paid an annual investment management fee (“Management Fee”) based on the capital
commitments to the Funds, as described in the Offering Documents for each Fund. BLA, in its
sole discretion, may waive or modify the Management Fee for any Limited Partner. BLA
deducts the Management Fee from each Fund’s assets.

Other Types of Costs and Expenses

BLA is authorized to incur and pay in the name and on behalf of the Funds all costs and
expenses deemed necessary or advisable.

BLA is responsible for all costs and expenses related to its own operations, including rent,
furniture, fixtures, equipment, office supplies, clerical expenses and all salaries, bonuses and
benefits paid to, or on behalf of, personnel of the firm, except as otherwise permitted by the
applicable Offering Documents.

The Funds are generally responsible for all costs and expenses incurred in the investigation,
negotiation, purchase, holding, sale or exchange of Fund portfolio investments, whether or
not ultimately consummated. In addition, the Funds are generally responsible for certain
legal, audit, accounting, banking and consulting expenses and any placement fees or finder’s
fees, travel expenses, fees and expenses relating to outsourced finance, accounting, back-
office and administrative services, Fund meetings (including related travel), advisory
committee matters, indemnification obligations, and liability and other insurance premiums
(including directors' and officers' insurance). Each Fund will also bear all costs and expenses
incurred in the winding up, liquidation, dissolution, and termination of the Fund.

In general, each Limited Partner will bear its proportionate share of the Fund expenses on a
pro rata basis with respect to the size of such Limited Partner’s capital account(s) or with
respect to the relative net asset value of the shares held by such Limited Partner, as applicable.

BLA may specially allocate the costs and expenses in any other manner, including by allocating
certain expenses to certain (but not all) Limited Partners, if BLA reasonably determines, in its
discretion, that it is equitable to do so.

To the extent that expenses to be borne by the Funds are paid by BLA, the Funds will reimburse
BLA for such expenses. BLA may waive any such reimbursement with respect to any Fund
expenses. Any individual such waiver will not serve as a waiver for any future Fund expenses.

Neither BLA nor its employees accept compensation, including sales charges or service fees,
from any person for the sale of securities or other investment products.

BLA’s CEO may receive additional compensation based on the aggregate amount of capital
commitments raised in a BLA Fund. Any such compensation is not paid by the Funds.

Item 7: Types of Clients

BLA’s advisory clients are the Funds, as described in Item 4 above, and the Funds are generally
open to, among others, high net-worth individuals, financially sophisticated individuals,
institutions, pension plans, endowments, and other sophisticated investors.