CC Management GP LLC

ITEM 5: FEES AND COMPENSATION

A. Corrum Capital receives a management fee and carried interest, or other performance-based fee in
   connection with its advisory services. Investors in the Funds also bear certain fund expenses, as
   described below. Corrum Capital’s fees for the Managed Account Clients are negotiable and vary
   depending on the client’s investment objectives, limitations, and specific needs. Furthermore,
   Corrum Capital has discretion to reduce or waive management fees and/or performance-based fees
   with respect to certain investors in the Funds.

   Management Fees

   In consideration of Corrum Capital’s investment advisory and other administrative services, it
   receives a fee (“Management Fee”) from and with respect to each Client. The Management Fee will
   vary for each Client. Corrum Capital encourages all investors to review their Governing Documents
   for a detailed description of their Management Fee.

   Generally, the Management Fee for the Funds is calculated based on a percentage of either (i.)
   aggregate capital commitments, (ii.) the value of each investor’s capital account, (iii.) invested
   capital (i.e., aggregate capital contributions made by investors less distributions made by the Fund),
   or (iv.) the Fund’s reported net asset value. The Management Fee is charged on a quarterly basis in
   advance based on the value as of the first (or last) day of each fiscal quarter.

In the Fund context, Corrum Capital offsets the Management Fee against a Fund’s share of any: (i)
directors’ fees, financial consulting fees, advisory fees, or Loan Servicing Fees (as defined below)
paid to Corrum Capital’s affiliates with respect to any investments made by the Funds; (ii) transaction
fees paid to Corrum Capital’s affiliates with respect to any investments made by the Funds; and (iii)
break-up fees with respect to Fund transactions not completed that are paid to Corrum Capital’s
affiliates.

The Management Fee structure for Managed Account Clients varies by client depending on a client’s
investment objectives, size of the account, risk tolerance, and specific needs and may be a fixed or
variable rate as defined in the Governing Documents.

Performance Based Compensation

Subject to the terms and limitations set forth in the applicable Governing Documents of each Fund,
Corrum Capital or one of its affiliates also is entitled to performance-based compensation. In the
context of closed-end funds, performance-based compensation is typically structured as carried
interest (“Carried Interest”) and for open-end funds as performance allocation (“Performance
Allocation”, collectively with the Carried Interest, the “Performance Fee”). Some Clients, such as
certain Managed Account Clients, are not subject to Performance Fees.

The Carried Interest is typically calculated based on a share of capital gains on or capital appreciation
of the assets of each Fund, as negotiated and determined at the time such Fund is established and as
set forth in its Governing Documents. The Carried Interest is generally not paid until all investors
have received aggregate distributions equal to the sum of their capital contributions to the Fund and
subject to a specified, annually compounded preferred return and a related general partner catch-up
provision.

The Performance Allocation is generally assessed based on a net capital appreciation attributable to
each investor’s capital account in a Fund (after taking into account expenses of a Fund, including
any Management Fees). The Performance Allocation is payable annually after year‐end or at the time
the investor withdraws from the Fund if before year‐end. The Performance Allocation will generally
be calculated on the basis of the aggregate balance in an investor’s capital account, irrespective of
how many or when capital contributions are made to such capital account by such investor.

The Performance Allocation is subject to what is commonly known as a “high water mark.” That is,
if a Client account underperforms during a calendar year (i.e. if capital account value drops below
aggregate capital contribution), the net underperformance will be recorded and carried forward to
future calendar years (such amount is referred to as the “Loss Carryforward”), and Corrum Capital
will not receive the Performance Allocation for future calendar years until the Loss Carryforward
amount has been recovered (i.e., when the Loss Carryforward amount has been exceeded by the
cumulative net outperformance in the calendar years following the Loss Carryforward). Once the
Loss Carryforward has been recovered, the Performance Allocation shall be based on the excess net
capital appreciation over the Loss Carryforward amount, rather than on all net capital appreciation.
The “high water mark” procedure prevents Corrum Capital from receiving the Performance
Allocation for net capital appreciation that simply restores previous underperformance and is
intended to ensure that the Performance Allocation is based on the long-term performance of the
Clients’ account.

   Other Fees

   In limited circumstances, Corrum Capital may charge Clients additional fees for loan servicing,
   including but not limited to administrative fees, processing fees, and other charges associated with
   managing and servicing loans ("Loan Servicing Fees"). These fees are intended to cover the costs
   incurred by Corrum Capital in administering loans on behalf of clients, including tasks such as
   processing payments, maintaining records, monitoring compliance, and providing customer support.
   If Corrum Capital were to receive the Loan Servicing Fees in a Fund context, Corrum Capital would
   offset the Management Fee against a Fund’s share of Loan Servicing Fees received. The offset is
   based on the terms outlined in the applicable loan agreements and Governing Documents,
   considering the pro rata ownership share of the relevant Fund in the loan portfolio. Clients should
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ITEM 7: TYPES OF CLIENTS

   Corrum Capital provides investment advice to pooled investment vehicles, separately managed
   accounts, and other investment structures. Pooled investment vehicles or Funds are investment
   partnerships or other investment entities operated as exempt investment pools or also known as
   “private funds” under the Investment Company Act of 1940, as amended (the “Investment Company
   Act”). The investors participating in Funds and other Clients include individuals, other investment
   entities or advisers, pension and profit-sharing plans, state or municipal government entities, trusts,
   estates, foundations, charitable organizations or other corporations or business entities and may
   include, directly or indirectly, principals or other employees of Corrum Capital and its affiliates.

   The Funds typically have a minimum investment amount of $5 million for third-party investors,
   subject to Corrum Capital’s discretion to accept lesser amounts. Only investors that are “accredited
   investors” as defined under Regulation D of the Securities Act of 1933, as amended and either
   “qualified purchasers” or “knowledgeable employees” as defined under the Investment Company
   Act are permitted to invest in the Funds.