Capital Generation Partners LLP

Item 5 - Fees and Compensation
CapGen is paid only by its clients. It does not receive any shared revenue, retrocession fees,
introductory payments or any other payments outside the client fees.

All of CapGen’s clients are Qualified Purchasers. CapGen’s fee applies to the portfolio as a
whole and does not change according to the asset allocation, fund manager or strategy of the
fund in which it is invested.

Fees will be deducted from clients’ assets unless otherwise agreed with a particular client.
Unless otherwise agreed, fees are charged quarterly in arrears.

Clients shall be liable for all other expenses such as brokerage commissions, transaction fees,
custodial fees, wire transfer fees, and other expenses which are unrelated to the fees collected
by CapGen. CapGen may also agree with clients, on a case-by-case basis, that the client will
be liable for certain pre-agreed travel expenses incurred in meeting with the client.

Item 7 - Types of Clients
CapGen provides discretionary investment management and advisory services to a select
number of high net worth and/or institutional clients that are typically structured as a family
office or endowment. The minimum account size for CapGen’s segregated account services is
generally $20 million. The minimum investment size to the Partners Portfolio is $10m, however
the Luxembourg fund board of directors does have the authority to waive this at their
discretion. The same goes for PCP with the minimum commitment being $15million over the
life of the product with the fund directors able to waive at their discretion.