Century Equity Partners LLC

Item 5. Fees and Compensation

In general, the Adviser is paid an asset-based advisory fee of up to two percent (2%) of committed capital (the
“Advisory Fee”). The precise amount of, and the manner of calculation of, the Advisory Fee for each Fund generally
is set forth in such Fund’s Management Agreement, organizational documents and/or other documentation received
by each investor prior to investment in such Fund, but may be modified by negotiations with investors in the Fund.
The fee structure may be modified from time to time, and fees differ and may in the future differ from one Fund to
another, as well as among investors in the same Fund. Typically, Advisory Fees are billed in arrears in conjunction
with capital calls and deducted from the assets of the Funds.

In addition, the Adviser and its affiliates may perform management, advisory, transaction-related, financial advisory
and other services (“Related Services”) for, and receive fees from, portfolio companies or other investment vehicles
of the Funds, including fees in connection with mergers, acquisitions, add-on acquisitions, refinancings, public
offerings, sales and similar transactions. Although these fees are in addition to the Advisory Fees, the Adviser in some
circumstances reduces the amount of Advisory Fees paid by the applicable Fund in connection with the receipt of such
fees. The amount and manner of such reduction is set forth in the Management Agreement and/or organizational
documents of the applicable Fund. For a discussion of material conflicts of interest created by the receipt of such fees,
please see Item 11 below.

The Advisory Fees paid by a Fund generally are reduced by the amount of fees paid by such Fund to persons acting as
placement agents in connection with the offer and sale of interests in such Fund to certain potential investors, as well
as by fees incurred by the Adviser in connection with the organization of such Fund that exceed a limit specified in
such Fund’s limited partnership agreement or organizational documents.

To the extent provided in the partnership agreements and other organizational documents of the Funds, the Adviser
pays out of Advisory Fees certain operating expenses, including normal overhead expenses, office expenses, and office
and equipment rental, entertainment, salaries and employee benefits, and other routine administrative expenses relating
to the services and facilities provided to the Funds. Each Fund bears all other expenses relating to it to the extent not
borne by its portfolio companies, including legal, accounting, investment banking, consulting, research, brokerage,
finders, custody, transfer, registration, advisory board, interest, taxes and extraordinary expenses, and other similar
fees and expenses.

Additionally, please see Item 6 below regarding “Carried Interest” that Funds may pay.

Although the Adviser does not anticipate using the services of broker-dealers to effect portfolio transactions for the
Funds, in the event that it chooses to use a broker-dealer for limited purposes relating to a particular Fund, such Fund
will incur brokerage and other transaction costs. For additional information regarding brokerage practices, please see
Item 12 below.

Item 7. Types of Clients

The Adviser’s clients are the Funds. The Adviser provides investment supervisory services to the Funds (subject to
the direction and control of the general partner of each such Fund) and not to the investors in the Funds.

Interests in the Funds are offered pursuant to applicable exemptions from registration under the Securities Act and the
1940 Act. Investors in the Funds are generally “qualified purchasers” as defined in the 1940 Act, and may include,
among others, high net worth individuals, banks, thrift institutions, pension and profit sharing plans, trusts, estates,
charitable organizations, university endowments, corporations, limited partnerships and limited liability companies or
other entities.

The Adviser does not have a minimum size for a Fund, and no minimum investment commitment size has been
established for investors in the Funds. Typically, investors have made investment commitments of at least $5 million.