Cander Asset Management LP

Item 5 - Fees and Compensation

Cander Asset Management generally charges both asset-based “management fees” and performance-
based “performance fees” to its Clients. The amount of these fees and any applicable expense
reimbursements is subject to negotiation between Cander Asset Management and its Clients and is set
out in the investment advisory agreement between Cander Asset Management and the applicable Client.
The performance fees charged by Cander Asset Management are discussed in more detail in Item 6 –
Performance Based Fees and Side-by-Side Management.

With respect to its management of Clients, Cander Asset Management generally charges a monthly
management fee calculated based on gross notional exposure of the Clients portfolio. This approach
reflects the full risk exposure of the accounts and may be higher than fees based on net asset value. While
the specific fee rate and structure are subject to negotiation, fees generally approximate 1% of equity
value. Actual rates may vary depending on factors such as account size, liquidity, and overall relationship
terms.

Management fees with respect to Clients are generally payable in arrears and are invoiced to the
applicable Client on a monthly basis, unless otherwise agreed in writing.

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Other Fees and Expenses

Cander Asset Management’s Clients will incur other expenses in connection with the Firm’s advisory
services. Cander Asset Management’s fees do not include transaction fees, brokerage commissions,
custody fees and other related costs and expenses that will be incurred by a Client in connection with
activity in their account. Clients will also bear the investment management or other fees charged by any
mutual funds or ETFs in which the Client’s account may invest, as disclosed in the Client prospectus. Please
see Item 12 – Brokerage Practices for a more detailed discussion of Cander Asset Management’s

Item 7 - Types of Clients

Cander Asset Management offers discretionary sub-advisory services to Private Vehicles, each of which
are offered and sponsored by an unaffiliated registered investment adviser. Clients are generally subject
to a minimum initial investment, unless such minimum is waived by Cander Asset Management in its sole
discretion.