Consortium Brand Partners LLC

ITEM 5 – FEES AND COMPENSATION

Management Fee from the Funds

As further described in the Offering Documents for each Fund, CBP may be entitled to receive
an annual management fee (the “Management Fee”) from certain of the Funds.

CBP is permitted at any time and in its sole and absolute discretion, may defer all or any portion
of the aggregate Management Fee (or other fees received) by a Fund, and may defer, waive, reduce
or calculate differently all or any portion of the Management Fee (or other fees received) with
respect to any Investor.

The Management Fee can be paid from drawdowns of capital commitments, from borrowings
incurred by the Funds, or from proceeds that would otherwise have been distributable by, or
other available assets of, the Funds.

The Management Fee will be paid quarterly in advance, calculated at a rate equal to 2% per annum
of aggregate capital commitments. Each quarterly payment of the Management Fee will be reduced
by any “Excess Organizational Expenses” borne by the Funds in accordance with the Offering
Documents. Additionally, each quarterly payment of the Management Fee may be reduced by any
Transaction Fees received by CBP and its affiliates from Portfolio Companies.

Portfolio Company Fees

CBP may receive fees from one or more Portfolio Company owned by the Funds (the “Portfolio
Company Fees”). The Portfolio Company Fees generally include 100% of any monitoring fee,
consulting fee, advisory fee, or similar fee paid by a Portfolio Company to CBP and/or an affiliate
entity of CBP for services provided to such Portfolio Company in a capacity other than as an
employee of such Portfolio Company measured and paid quarterly. CBP may also seek from each
Portfolio Company upon its acquisition certain Transaction Fees, subject to certain limitations as
described in the Offering Documents for each Fund.

Organizational and Other Expenses of the Funds

Each Fund will bear and/or reimburse CBP or Consortium Brand GP I for (i) organizational
expenses (including, all costs and expenses incurred in connection with the formation and
organization of, and sale of interests in, the Funds, as determined by the CBP, including all out-of-
pocket legal, accounting, printing, other travel and filing fees and expenses); (ii) the sourcing,
identification, selection and acquisition of Portfolio Companies for the Funds; (iii) the management,
operation, development, improvement, financing and disposition of the Portfolio Companies; (iv)
all costs of prosecuting or defending any legal action for or against the Funds, CBP, Consortium
Brand GP I, or affiliates of CBP, including, without limitation, attorneys’ fees incurred in connection
therewith; (v) all costs related to the Funds’ indemnification or contribution obligations set forth

in each Fund’s Offering Documents; (vi) principal of, interest on and fees and expenses arising out
of any and all indebtedness or guaranties made by the Funds; (vii) the costs of any litigation,
director and officer liability or other insurance protecting the Funds and any related person of
CBP or the Funds from liabilities in connection with the affairs of the Funds (but with respect to
the Portfolio Company or similar private pooled investment vehicle formed for holding a Portfolio
Company, only each Fund’s proportionate share of such costs based on relative invested capital
in such Portfolio Company or other private pooled investment vehicle for holding a Portfolio
Company); (viii) appraisal expenses (except as otherwise specifically indicated in each Fund’s
Offering Documents); (ix) all expenses of liquidating the Funds; (x) transfer, capital and other
taxes, fees, duties or other governmental charges levied against the Funds and all expenses
incurred in connection with any tax audit, investigation, settlement or review of the Funds; (xi)
the ongoing administration of the Funds (including legal, accounting, audit, administrative,
custodial, consulting and other professional fees, including expenses associated with the
preparation of each Fund’s financial statements and tax returns); (xii) banking, brokerage,
registration, qualification, finders, depository and similar fees and expenses; (xiii) Management
Fees; and (xiv) any consulting expenses relating to the foregoing.

As described in each Fund’s Offering Documents, certain of the Funds have provisions that limit
the amount of organizational expenses that a particular Fund may bear or reimburse to CBP or
Consortium Brand GP I. Absent the prior written consent of a majority in interest of Investors
for each particular Fund, organization expenses in excess of such limits, as specifically described
in each Funds Offering Documents, will be borne by CBP and its affiliates, either directly or via an
offset of the Management Fee.

The recipients of this Brochure should refer to the Offering Documents of a particular Fund for
a specific and a detailed description relating to expenses that may be borne by a particular Fund.

CBP Expenses

CBP will be responsible for all ordinary administrative and overhead expenses incurred in
connection with maintaining and operating its office, including employees’ salaries, rent, utilities
and equipment expenses.

Borrowing and Guaranties

As described in each Fund’s Offering Documents, the Funds may borrow money (subject to
certain borrowing limits) to make investments, pay expenses and defer making capital calls. In
addition, the Funds may guarantee, or otherwise become contingently liable with respect to,
Portfolio Company indebtedness.

Neither CBP nor any of its supervised persons accept compensation for the sale of securities or
other investment products.

ITEM 7 – TYPES OF CLIENTS

CBP shall provide discretionary investment advisory services to the Funds, and not individually to
the Investors in the Funds. The Investors in the Funds will generally be “accredited investors” in
reliance upon the exemption from registration provided by Section 4(2) of the Securities Act of
1933, as amended (the “Securities Act”), and Regulation D promulgated thereunder and
“qualified clients” as defined in the Investment Advisers Act of 1940, as amended (the “Advisers
Act”), and the rules and regulations promulgated thereunder.

In addition, CBP may, in the future, offer investment advisory services to other pooled investment
vehicles, single holdings funds, co-investment vehicles, and/or separately managed accounts.