CNL Fund Advisors II LLC

Item 5 – Fees and Compensation

Pursuant to the Investment Advisory Agreement executed between us and our Client, we will be
paid a Management Fee and other expense reimbursements necessary for our operations. In
addition to the fees listed above, we also entered into an Administrative Services Agreement with
the Client under which we will be reimbursed for certain expenses on a direct cost basis.
The Management Fee is calculated at an annual rate of two percent (2%) of the value of Client’s
total assets, accrues daily and is payable quarterly in arrears. We may elect or agree to temporarily
or permanently waive, defer, reduce or modify, in whole or in part, the Management Fee. Prior to
payment of any fee to us, the Client shall obtain written instructions form us with respect to any
waiver or deferral of any portion of such fees.
In accordance with the Sub-Advisor Agreement executed between us and the Sub-Advisor, the
Sub-Advisor shall earn a fee equal to 50% of the Management Fee from the compensation paid
from the Client to us.

Item 7 – Types of Clients

We are the Advisor and Administrator to CNL Strategic Venture Partners, LLC, who will be our
sole Client. Our Client will raise capital for operations through one or more offerings. However,
with respect to marketing communications to private fund investors of the Client, as required by
applicable law, the Advisor will consider such communications as advertisements for purposes of
the Advisor’s policies and procedures.