Crescent Park Management LP

Item 5: Fees and Compensation. Crescent Park GP may be allocated performance-based fees
which are based on a percentage of net profits (including both realized and unrealized gains). While
Crescent Park and/or Crescent Park GP may waive the management fees or profit allocations for
any Fund, Crescent Park is more likely to waive such fees or allocations for the FOF Fund.

The potential differences in the amount of fees or allocations that the Funds pay may create an
incentive for Crescent Park to disproportionately allocate time, services, or functions to Funds
paying at a higher fee rate, or disproportionately allocate investment opportunities to such Funds.
To address this conflict, Crescent Park typically allocates all investment opportunities within each
strategy on a pro rata basis, based on each Client’s assets available for the investment opportunity,
as determined by Crescent Park in its discretion. Additionally, Crescent Park has policies and
procedures to review Client account investment allocations on a regular basis.

Item 7.        Types of Clients

Crescent Park provides investment advice only to Crescent Park’s Funds. Interests in the Funds
are generally offered privately to a limited number of sophisticated investors, including
institutional investors and individuals who qualify to invest in the Funds because they have
sufficiently high income or net worth. Investors in the U.S. Feeder, the Offshore Feeder, the GE
Offshore Feeder and the U.S. GE Feeder are generally required to invest at least $5,000,000, while
investors in the FOF Fund are generally required to invest at least $250,000. The SPV I Fund is
currently not open to new investors. Crescent Park may choose to waive these investment
minimums at its discretion.