Citymark Capital Management Company LLC

Item 5: Fees and Compensation

As compensation for investment advisory services rendered to the Funds CCMCL manages, we
receive an annual management fee payable quarterly as earned. Management fees paid by a Fund
are indirectly borne by the investors in such Fund. The precise amount, and the manner and
calculation, of the management fee for each Fund is set forth in such Fund’s Advisory Agreement,
limited partnership agreement (or analogous organizational document) and/or other
documentation received by each investor prior to investment in such Fund. Fees may differ from
one Fund to another, as well as among investors in the same Fund.

The Funds are responsible for the payment of all third-party fees (i.e. custodian fees, brokerage
fees, mutual fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees
and expenses charged by CCMCL. Neither CCMCL nor its supervised persons accept any
compensation for the sale of investment products, including asset-based sales charges.

Item 7: Types of Clients

CCMCL currently provides advisory services only to pooled investment vehicles (the Funds).