Camac Partners LLC

Item 5:        Fees and Compensation
A. Description and Billing

   CP’s compensation from investors or clients may take the form of (1) a fee based on a
   percentage of the Client’s assets under management (the “Management Fee”) and (2) a
   performance or incentive-based allocation (the “Performance Fee”). CP has discretion to and has
   waived the Management Fee and Performance Fee of capital accounts associated with Eric
   Shahinian and Craig Rosmarin, the principals of CP.
B. Other Fees and Payments
   Each investor or client’s account will bear all of their own operating expenses, including legal and
   compliance fees, accounting costs, audit costs, and brokerage fees charged by the account’s
   broker-dealer. Please see Item 12 for more information regarding CP’s brokerage practices.
   These fees and expenses are more fully described in each private fund’s prospectus and limited
   partnership agreement, which we recommend the investor or client to review. The fees will
   generally include a management fee and an incentive performance fee. Clients should review the
   fees charged by the funds and the fees we charge to understand the total amount of fees paid.
   CP may determine that it is appropriate for certain expenses to be shared by multiple Funds, and
   if so, such expenses will be allocated on an equitable basis, which is pro rata based on the net
   asset values of such clients’ accounts.
C. Other Compensation
   CP currently does not receive any compensation from the Fund(s) other than the Management
   Fee or Performance Fee. CP or one of the principals of CP may receive compensation from a
   holding of the Fund(s) in the form of a retainer or stock award from serving on the board of
   directors of the holding. In such cases, the amount received is rebated against the Management
   Fee.

Item 7:        Types of Clients
   CP provides discretionary asset management services to pooled investment vehicles and private
   investment funds. A minimum investment of $2,000,000 is generally required to invest in any of
   the vehicles or funds, however, in its discretion, CP may use its sole discretion to reduce or
   waive such minimum based on the suitability of the client.