Blackstone Alternative Solutions LLC

ITEM 5 – FEES AND COMPENSATION

BAS employees do not receive compensation from the purchase or sale of securities or other
investments for BAS Funds.

Blackstone Alternative Solutions L.L.C.                                          Blackstone |   8

Item 7 – Types of Clients
BAS’ clients consist of the BAS Funds. Please see Item 4 – Advisory Business for more
information on the Clients. Investors in BAS Funds are based in the U.S. and outside of the U.S.
and include, without limitation:
   Banks and Other Financial Institutions
   Insurance Companies
   Investment Companies
   Public and Private Retirement and Pension Plans
   Public and Private Profit Sharing Plans
   Trusts and Estates
   Charitable Organizations
   State and Municipal Government Agencies
   Sovereign Wealth Funds
   Hedge Funds
   High Net Worth Individuals
   Corporations
   Business Entities Other than those Listed Above
   Certain Blackstone Employees
   Blackstone Managed Funds

All Clients and Investors are subject to applicable suitability and eligibility requirements.

Blackstone Alternative Solutions L.L.C.                                                Blackstone | 10