Coastland Capital LLC

Item 5 – Fees and Compensation

The Firm generally charges fees for its services consisting of a base management fee, calculated
as a percentage of assets under management in a client account and paid to the Firm on a
monthly basis, and a performance-based fee or allocation, calculated as a percentage of any
income and realized and unrealized gains earned by the account and generally paid or allocated
to the Firm on an annual basis unless a client withdraws their money before year end. The Firm’s
management fee and incentive allocation rate with clients may vary based on a variety of factors,
including liquidity terms and the amount of capital invested with the Firm. Client management fees
are deducted monthly in arrears.

The Firm’s fees are exclusive of brokerage commissions, transaction fees, and other related fees
and expenses which may be incurred by clients. See Item 12 below for a discussion of the Firm’s
brokerage practices. Clients also may incur certain charges imposed by custodians, brokers, and
other third parties such as custodial fees, odd-lot differentials, transfer taxes, wire transfer and
electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions.
These charges, fees and commissions are exclusive of and in addition to the Firm’s fee, and the
Firm will not receive any portion of these charges, fees, and commissions.

The Firm’s fee schedule is omitted because this Brochure is only being delivered to qualified
purchasers as defined in the Investment Company Act of 1940.

Item 7 – Types of Clients

Coastland provides investment advisory services to pooled investment vehicles (e.g., hedge
funds), trusts, pension plans, corporations and other institutions, and ultra high net worth
individuals. The minimum size of an investment advisory account managed by Coastland is
$100,000,000 and the minimum investment into the funds managed by Coastland is $100,000.
Smaller accounts may be accepted in the sole discretion of the Firm.