Corinthia Management US LLC

Item 5 – Fees and Compensation

In general, Corinthia receives a Management Fee, which will be borne, directly or indirectly, by
investors. In addition, Corinthia may receive a Carried Interest or Performance Fee in connection
with the provision of services to its Clients. In addition, in certain circumstances, Corinthia may
also receive compensation for management and other services provided in connection with co-
investments made in Clients’ Portfolio Investments.

Types of advisory fees charged to Clients

Management Fees

Clients will generally pay Management Fees quarterly in arrears. However, certain Clients may
pay Management Fees quarterly in advance, with a true-up at the end of each quarter.
Management Fees will generally be deducted from Client account assets and paid or otherwise
allocated to us in accordance with the specific terms of the applicable Client’s documents, but
may differ depending upon specific arrangements made with Clients.

The Management Fee rate and method of determination may vary. Management Fees will
generally be based on a percentage of either assets under management or invested capital. The
use of leverage or incurrence of debt may increase assets under management for an investor.

Carried Interest

Corinthia may receive Carried Interest from its Clients. The amount of such Carried Interest may
vary but will generally be based upon realized profits. Such Carried Interest allocations are

generally subject to preferred return hurdles, catch-up allocations and/or claw backs, depending
upon the strategy and structure of the Client and are more fully described in the Governing
Documents.

Transaction Fees

Corinthia is generally permitted to receive certain additional fees or payments (“Transaction
Fees”). These may consist of: arrangement fees; origination fees; structuring fees; consent
payments; amendment fees; consulting fees; directors’ fees; transaction fees; advisory fees;
investment management fees; closing fees; transaction financing fees; break-up fees; monitoring
fees; and syndication fees in connection with its activities on behalf of current or prospective
Clients. Such Transaction Fees, if paid directly to us or our affiliates may, in certain
circumstances, offset (in full or in part) the Management Fees borne by our Clients described
above.

Management Fee and Carried Interest Waivers

Corinthia reserves the right to exempt certain investors in its Clients from payment of all or a
portion of Management Fees and/or Carried Interest. This includes, without limitation, investors
associated with the Firm or any of its respective affiliates personnel, partners, service providers,
investors with whom the Firm has strategic relationships and any “friends and family” of the
foregoing or the Firm. Corinthia reserves the right to make any such exemption from
Management Fees and/or carried interest by a direct exemption, a rebate by Corinthia and/or its
affiliates, or via other means at its discretion. The relevant Governing Documents set forth
management fees and any carried interest waivers that will be borne by a Client, and the
provisions of Governing Documents will supersede this Brochure to the extent of any direct
conflict.

Organizational Expenses

Investors in Corinthia’s Clients will generally bear all direct and indirect organizational and
offering costs incurred in the structuring, organization, negotiating, marketing, funding and start-
up of the Client and related entities. Such organizational expenses shall include all out-of-pocket
costs, expenses, fees and liabilities in relation to any travel, including but not limited to air and
car travel, meals, lodging, entertainment, printing, mailing, courier, legal, capital raising,
marketing (including attendance at industry conferences and other networking events in
connection with relevant marketing activities), administrative, filing, accounting, tax, consulting,
due diligence, web portal, compliance (including expenses associated with the initial and/or
preliminary registrations, filings and compliance obligations and other offering requirements
contemplated by the Alternative Investment Fund Managers Directive (the “AIFMD”)) and other
relevant regulation, fees paid to locally licensed intermediaries, distributors or other similar
persons that the Client or the Firm is required to engage in order to offer the interests in
particular jurisdictions and other expenses incurred in connection with the organization, funding
and start-up of the Client and related entities, including the preparation of and negotiations with
respect to certain agreements with fundraising service providers, negotiation and execution of
investor level non-disclosure agreements, investor anti-money laundering/know-your-customer
verification (including the cost of administrators or other service providers engaged in

connection therewith), the Memoranda, investor presentations and other marketing materials
(including due diligence questionnaires), the administration of an investor data room, the
Partnership Agreements, the subscription agreements, negotiation of side letter agreements,
including “most favored nation” and excuse rights, with investors, agreements with placement
agents, any side letters or similar agreements, and any other similar agreements and placement
agent expenses, but not including any placement fees payable to any placement agent in
connection with the offering of interests. The Firm will bear the cost (through an offset against
the Management Fee or otherwise) of all such Organizational Expenses in excess of an amount
set forth in the Governing Documents, if any, and of any placement fees payable to any
placement agent in connection with the offering of Client interests.

Operational Expenses

Investors in each Client will bear all direct and indirect costs related to the Client’s (and its
subsidiaries’ and intermediate entities’) operations to the extent not reimbursed by a Portfolio
...

Item 7 – Types of Clients

Corinthia provides investment advice to Clients, as described in Item 4. Corinthia’s Clients
generally consist of private investment funds, investment partnerships and other investment
entities, including separately managed accounts. Corinthia will also manage pooled investment
vehicles. The terms and conditions of Client accounts will vary depending on the type of services
provided or the type of Client, and these terms and conditions could vary even among similarly
situated Clients receiving similar types of services.

The underlying investors in the Clients are comprised primarily of government and private
pension funds, sovereign wealth funds, endowments, foundations, family offices, banks,
investment companies, insurance companies, private corporations, and high net worth
individuals. Generally, investors participating in our Clients are required to meet certain
suitability and net worth qualifications such as being (a) an “accredited investor” within the
meaning of Rule 501 of Regulation D under the Securities Act of 1933, as amended (the
“Securities Act”), (b) a “qualified purchaser” as defined in Section 2(a)(51) of the Investment
Company Act, (c) a “knowledgeable employee” within the meaning of Rule 3c-5 of the
Investment Company Act or (d) a non-U.S. person, depending on the applicable eligibility
requirements of the respective Client, but typically a professional or institutional investor.

The minimum investment in each Client is stated in its Governing Documents and is generally
$5 million, although the Firm is permitted to waive this minimum.