Crosspoint Capital Partners LP

Item 5. Fees and Compensation

The Adviser or its affiliates generally receive Advisory Fees and Carried Interest (each as defined
below) or similar performance-based remuneration from a Fund. A Fund and/or its portfolio

companies also typically reimburse the Adviser and its affiliates for certain expenses and/or make
other payments to the Adviser or its affiliates for services provided to the Fund and/or its portfolio
companies, which, in certain circumstances, reduce the Advisory Fees payable to the Adviser.
Additionally, consistent with the Organizational Documents of a Fund, the Fund typically bears
certain out-of-pocket expenses incurred by the Adviser in connection with the services provided
to the Fund and/or the portfolio companies. Details about such fees and expenses are contained in
the Organizational Documents of a Fund. Further details about certain common fees and expenses
are set forth below.

Advisory Fees

As compensation for investment supervisory services rendered to the Funds, the Adviser receives
from each such Fund an advisory fee (each, an “Advisory Fee”) typically calculated based on
committed capital or remaining invested capital, with respect to such Fund. Advisory Fees may be
reduced during the life of a Fund.

On a date specified in the Organizational Documents (the “Stepdown Date”), the Advisory Fee
customarily decreases and is thereafter calculated based on the amount of invested capital
associated with the Fund’s investment(s) in portfolio companies that are not, among other things,
permanently and fully written off and no longer being monitored (such investments, “Impaired
Investments”). Because Advisory Fees are calculated based on invested capital following the
Stepdown Date, the Organizational Documents do not require any reduction or refund of Advisory
Fees following any decrease in value (whether temporary or permanent), in each case except to
the extent such events constitute an Impaired Investment and except as otherwise set forth in the
Organizational Documents. As a result, the Advisory Fees generally will not track changes in the
fair value of any individual investment or of a Fund.

Certain Other Fees (as defined below, and which include but are not limited to transaction fees)
and other fees, costs and expenses allocated to a portfolio company at the time of investment
(collectively, “Capitalized Costs”) are capitalized into the amount of invested capital with respect
to such portfolio company. Accordingly, where the Advisory Fee base post-Stepdown Date is
based on invested capital, such base will include the value of such Capitalized Costs, including
such those payable or reimbursable to the Adviser and its affiliates. This would increase the amount
of Advisory Fees paid to the Adviser. Such increase is in addition to the Other Fees paid to the
Adviser and/or its affiliates.

The Organizational Documents generally do not provide for the reimbursement or refund of
Advisory Fees in the event of Impaired Investments occurring mid–calculation period or if the
methodology for calculating Advisory Fees changes during the calculation period (e.g., because
of the occurrence of a stepdown in the Advisory Fee).

The precise amount of, and the manner and calculation of, the Advisory Fees for each Fund are
established by the Adviser and are set forth in such Fund’s Organizational Documents. The
Advisory Fees and other fees and distributions described herein are generally subject to
modification, waiver or reduction by the Adviser in its sole discretion, both voluntarily and on a
negotiated basis with selected investors via side letter and other arrangements, which may not be
disclosed to other investors in the same Fund. The fee structures described herein may be modified

from time to time. Fees may differ from one Fund to another, as well as among investors in the
same Fund. In addition, the Adviser from time to time enters into economic and/or other fee-
sharing arrangements with respect to one or more Funds and/or certain limited partners thereof,
the rights of which will not generally be offered to other limited partners.

Certain investors in the Funds that are employees, former employees, business associates and other
“friends and family” of the Adviser, its affiliates or their personnel (including any related entity
established by any of the foregoing, such as trusts, charitable programs, endowments or related
programs, family investment vehicles and other estate planning vehicles) (collectively, “Adviser
Investors”) will not typically pay Advisory Fees in connection with their investment in a Fund.
Furthermore, the Adviser has in the past and may from time to time in the future establish certain
investment vehicles through which Adviser Investors or other third parties may invest alongside
one or more Funds in one or more investment opportunities, which do not pay Advisory Fees or
Carried Interest. Notwithstanding that Adviser Investors will generally not pay Advisory Fees,
Adviser Investors will pay for their pro rata share of certain Fund expenses or the pro rata portion
of such Adviser Investors’ expenses will be allocated to the Adviser or the general partner of the
applicable Fund.

The Advisory Fees paid by a Fund will generally be reduced by a percentage of: (1) the amount of
fees paid by such Fund to persons acting as a placement agent in connection with the offer and
sale of interests in such Fund to certain potential investors, (2) the fees incurred by the Adviser in
connection with the organization of such Fund that exceed a limit specified in such Fund’s
Organizational Documents and/or (3) certain Other Fees (as defined and described more in detail
below under “Other Fees”) received by the Adviser or its affiliates. The amount and manner of
such reduction, if any, is set forth in the Organizational Documents of the applicable Fund.

In addition, the Adviser may waive or reduce all or a portion of the Advisory Fee paid by a Fund
...

Item 7. Types of Clients

The Adviser currently provides investment supervisory services to the Funds. Investment advice
is provided directly to the Funds (subject to the direction and control of the general partner of each
such Fund, if applicable) and not individually to investors in such Fund.

Interests in the Funds are offered pursuant to applicable exemptions from registration under the
Securities Act and the 1940 Act. Investors in the Funds are generally “qualified purchasers” as
defined in the 1940 Act, and may include, among others, high net worth individuals, banks, thrift
institutions, pension and profit-sharing plans, trusts, estates, charitable organizations, university
endowments, corporations, limited partnerships and limited liability companies or other entities.

The Adviser does not have a minimum size for a Fund, but minimum investment commitments
may be established for investors in the Funds. The general partner of each Fund may in its sole
discretion permit investments below the minimum amounts set forth in the Organizational
Documents of such Fund.