Class VI Ventures LLC

ITEM 5- FEES AND COMPENSATION
Investors in the Class VI Private Fund are subject to a management fee of 2% on capital commitments
and are charged a carried interest allocation of 20% with respect to such investments. The manner of
calculation and application of the management fee, administrative services fee and the carried interest
allocations are disclosed in the offering documents and Limited Partnership Agreement for Class VI
Private Fund. Management fees are typically paid by requiring investors to make capital contributions
in respect of such fees or withholding the amount of such fees from investment proceeds that would
otherwise be distributable to the investors. Carried interest allocations are typically deducted from
investment proceeds that would otherwise be distributable to the investors in Class VI Private Fund.
Investors should refer to the applicable Offering Documents for more information with respect to the
valuation of Class VI Private Fund. The General Partner determines portfolio company valuations for
purposes of the Fund's audited financial statements using observable and unobservable inputs and
models. Because portfolio companies are not subject to regular market pricing, determining value can
be difficult and subjective, and investors should understand that the General Partner has a conflict of
interest in completing this function internally rather than obtaining independent, arms'-length
valuations. The inherent conflict of interest is mitigated by the fact that the Management Fee due to the
General Partner's affiliate Management Company is calculated based on Capital Commitments, rather
than current value of Fund interests. Similarly, Carried Interest, if any, due to the General Partner and
other Class VI Persons will be based on actual sales prices obtained, not internal valuations.
The minimum level of investment for accounts participating in the Class VI Private Fund is set forth in
the governing documents. Minimum investment levels are subject to waiver at the discretion of the GP
Entity. Additionally, all investors must meet specific suitability requirements in order to invest, as
described above in Item 4. Class VI Ventures, its affiliates and their related persons will receive a
potential allocation of Carried Interest (discussed in Item 6) from the Class VI Private Fund.

Such compensation provides incentive for the Firm and its Affiliates to recommend the Class VI Private
Fund to wealth management clients of Class VI Family Office. CVIV will not charge an investment
management fee to Class VI Family Office wealth management clients for the amount invested in the
Class VI Private Fund. However, because the Carried Interest charged to the Class VI Private Fund is
higher than the investment management fee charged to the Firm’s clients, even with this fee offset
there is still an incentive for the Firm to recommend the Class VI Private Fund to Class VI Family Office
clients. To mitigate this conflict, the Firm will only recommend an investment in the Class VI Private Fund
to clients in keeping with its fiduciary requirements and will make such investment only upon the
written approval and consent of the client.

In addition to the Management Fee and Carried Interest described above, Class VI Private Fund bears
organizational expenses up to $200,000. The ongoing expenses include administrative fees and
expenses; reporting expenses in connection with its operation of the Class VI Private Fund; investment
expenses; insurance expenses; audit and tax preparation and other tax-related fees and expenses; legal
and accounting fees; consulting fees; due diligence expenses; expenses associated with mailing and
reproducing the Offering Documents, any amendments thereto and other communications with

                       Class VI Ventures, LLC – 101 University Blvd. Suite 400, Denver CO 80206
                                        FORM ADV 2A Brochure – March 2026

investors, including through electronic portals; travel-related offering and investment expenses; and
expenses relating to the organization. Investors should refer to the applicable Offering Documents for
more information with respect to the specific fees and expenses payable by Class VI Private Fund. The
Firm will receive an annual management fee (the “Management Fee”), equal to two percent (2.0%) per
annum based on the aggregate amount of Capital Commitments. The Management Fee will be billed
quarterly and due as called following the Initial Closing and will be based upon the aggregate Capital
Commitments, without reduction or other adjustment for Capital Contributions, and charged on each
Limited Partner’s pro-rata share of the aggregate Capital Commitments. The value of a Limited Partner’s
Interest may be materially different from—either higher or lower—the Limited Partner’s pro rata
amount of aggregate Capital Contributions used to calculate the Management Fee.

ITEM 7- TYPES OF CLIENTS
Investors in the Class VI Private Fund must be “accredited investors” under Regulation D under the
Securities Act of 1933. Investors in Class VI Private Fund must be eligible to enter into a performance
fee arrangement under the Advisers Act, and therefore will also meet the definition of “qualified client”
under Rule 205-3 of the Advisers Act.
The minimum dollar amount of assets ordinarily required to invest in the Private Fund is set forth in
their respective governing documents. Investment minimums are subject to waiver at the discretion of
the General Partner.