Coastlands Capital LP

Item 5.        Fees and Compensation

A. Fee Schedule

Coastlands delivers this brochure to prospective investors and clients that are qualified purchasers as
defined in Section 2(a)(51)(A) of the Investment Company Act of 1940, as amended. Therefore,
information on how Coastlands is compensated for its advisory services and its fee schedule with
respect to its clients and Funds are not included here.

B. Payment of Fees

Coastlands deducts management fees and performance fees or allocations directly from client
accounts.

Relationships with a Fund are terminable on expiration of the Fund’s term, dissolution of the Fund or
on Coastlands’ termination as investment adviser of the Fund. Relationships with other clients are
terminable on the termination of the investment adviser agreement. Each investor may
withdraw capital from a Fund only on specified prior written notice and subject to significant

withdrawal limitations as specified in the applicable Fund’s governing documents. Investors should
refer to the Funds’ offering documents for specific information.

Except as may be otherwise negotiated in particular cases, the holder of an individually managed
account may terminate the account by giving 60 days prior written notice.

In all cases, expenses, the pro rata portion of the management fee and the performance fee or
allocation through the date of the investor’s withdrawal or termination of the client account are
charged to the investor or client. All prepaid but unearned advisory fees are refunded on termination
of a client’s account. An investor who withdraws from a Fund on a date other than the last day of a
month, however, does not receive a refund of the management fee previously paid.

Coastlands believes that its fees are competitive with those charged by other investment advisers for
comparable services. Comparable services may be available, however, from other sources for
lower fees.

C. Third-Party Fees

Each client is responsible for its own costs and expenses related to its organization and ongoing
operations, including, without limitation, trading costs and expenses (such as brokerage
commissions, order execution costs, expenses related to short sales, and clearing and settlement
charges), third-party research and software costs, ongoing legal, accounting and bookkeeping fees
and expenses, and the fees and expenses charged by any Fund administrator for its accounting,
bookkeeping and other services. Investors should refer to the Funds’ offering documents for specific
information. In addition, certain of Coastlands’ own costs and expenses may be paid by securities
brokerage firms that execute clients’ securities trades, as discussed in Item 12 below.

Accounts that invest in mutual funds also pay, indirectly, investment advisory fees to the managers
of those funds.

Item 7.          Types of Clients

Coastlands provides investment advice to the Funds and may provide advice to other clients in the
future. Investors in the Funds are required to invest a minimum of $5 million, but Coastlands may
waive this minimum. Coastlands’ clients are expected to include other investment firms, sovereign
wealth funds, endowments, pension plans and other institutional investors.