Copperplate Capital LLC

Item 5.     Fees and Compensation

The Firm’s fees and compensation are described in each client’s Governing Documents. All of the Firm’s
clients are expected to be “qualified purchasers” (as defined in Section 2(a)(51) of the Investment
Company Act of 1940, as amended (the “IC Act”).

The Firm is paid management fees from the Funds quarterly in advance. Once paid, the management fees
are non-refundable. The Firm deducts such management fees from each Fund. The Firm may waive or
modify the management fee payable with respect to any investor and has done so with respect to internal
capital.

The Copperplate GP or the Firm will be entitled to receive performance-based incentive allocations or
incentive fees from certain of the Funds, as further described in Item 6 – Performance-Based Fees and
Side-By-Side Management.

Copperplate Capital LLC                                                                    Form ADV Part 2A

Expenses Associated with Copperplate Partners LP (“CPLP”) and Copperplate Investments Ltd. (“CIL”)

Each Fund will bear (i) all costs and expenses related to its investments and operations, including, without
limitation, fees payable to custodians and administrators, investment expenses (i.e., expenses which the
Firm determines are related to the investment of a Fund’s assets, such as the negotiation of the terms of
an investment in an Underlying Fund (defined below), travel, communications and other expenses related
to the investigation, evaluation, development, making, maintaining (including site visits and annual
meetings) and disposing of investments (whether or not the investments are consummated), research
and market data expense (including, without limitations, portfolio, research, and risk management
software expenses) organizational expenses, expenses incurred in managing or liquidating any in-kind
distributions received from Underlying Funds, consulting, legal and other professional fees relating to
potential and actual investments, expenses of professionals providing services to a Fund, including legal,
audit, accounting, tax and administration, organizational expenses, insurance expenses (including costs of
any liability insurance obtained on behalf of a Fund) regulatory costs and expenses (including, without
limitations, filing and license fees related to Form D, Form PF, FATCA, and AEOI filings), costs of reporting
and providing information to Investors (including and costs related to any meetings of the partners or
meeting with individual investors related to their investment, and any entity level taxes (collectively, the
“Ordinary Expenses”); (ii) its pro rata share of the fees and expenses of the Underlying Funds, including
management fees and any performance-based compensation, in which it invests (the “Underlying Fund
Expenses”); and (iii) all other costs and expenses related to its business and operations, including, without
limitation, management fees, interest expense on Fund borrowings (including any borrowings to satisfy
requests for withdrawals by Investors), the costs and expenses incurred in connection with any liquidity
facility entered into by a Fund, costs of any litigation or investigation involving Fund activities,
indemnification expenses, any extraordinary expenses (collectively, the “Other Expenses”). A portion of a
Fund’s operating expenses may be shared with other investment entities or accounts managed by the
Copperplate GP, the Firm or any of their respective affiliates on an equitable basis. Any Fund expense that
relates specifically to a Designated Investment, as determined by Copperplate GP or the Firm, in their
respective sole discretion, will be charged solely against those investors participating in such Designated
Investment in proportion to their interest in such Designated Investment. A portion of certain Fund
expenses, including expenses described in clause (i) above, may be shared with other investment entities
or accounts managed by Copperplate GP, the Firm or their affiliates, on a pro rata basis to the extent such
other investment entities or accounts participate in investments made by the Fund or otherwise benefit
from such expenses. The expenses of organizing a Fund and the costs incurred in connection with the
initial issuance of Interests, including legal and accounting fees, document production and printing costs,
federal and state filing fees, and other related expenses will initially be paid or caused to be paid by the
Firm for which the Firm will be reimbursed by the Fund. Such expenses will be amortized over a sixty-
month period; provided, however, that the Firm (or the Copperplate GP, as applicable) may accelerate
such amortization in its sole discretion.

Expenses Associated with the Copperplate Private Opportunities Fund LP (“CPOF”)

(a) The CPOF shall be responsible for all expenses in connection with the conduct of its business and
operations (the “Operational Expenses”), including, without limitation, (i) all expenses incurred in
connection with the CPOF’s investment operations, including all costs and expenses relating to due
diligence, documentation, travel and other matters relating to the investigation, consideration and
negotiation of all investment and disposition transactions, whether or not consummated (including legal
and accounting fees), and all costs and expenses relating to purchasing, holding and overseeing
investments and forming subsidiary entities to acquire and hold investments, appraisal fees, and banking

Copperplate Capital LLC                                                                     Form ADV Part 2A

charges; (ii) brokerage and other transaction costs, data fees, clearing and settlement charges, outsourced
trading service expenses, trade break fees, (iii) fees, costs and expenses (including travel, transportation,
meal and lodging expenses) related to attending investment or research conferences and meetings in
...

Item 7.        Types of Clients

Investors in the Funds are generally high net worth individuals and institutional investors that qualify as
“accredited investors” (as defined in Rule 501 under the Securities Act of 1933, as amended) and qualified
purchasers. The minimum initial investment in the Funds will be determined by the Firm and set forth in
each Fund’s Governing Documents. The Firm has waived such minimum and may, in its discretion, do so
in the future under certain circumstances.