Decheng Capital LLC

Fees and Compensation

A.       As an SEC registered investment adviser which provides services to private funds that exclusively
accept “Qualified Purchasers,” as defined by the Investment Company Act, DC Global is not required to
disclose its specific compensation terms in this Sub-Item.

B.        The Funds pay the Firm an annual management fee, which is prorated and directly deducted from the
Funds each quarter. The calculation of the management fee for Decheng Capital China Life Sciences USD
Fund I, L.P, Decheng Capital China Life Sciences USD Fund II, L.P, Decheng Capital China Life Sciences
USD Fund III, L.P, Decheng Capital Global Life Sciences Fund IV, L.P., Decheng Capital Global Life Sciences
Fund V, L.P., Decheng Capital Global Life Sciences Fund V-A, L.P., and Decheng Capital Global Life Sciences
Fund V-B, L.P. are (i) based on a percentage of commitments to the fund from the first year to the fifth year
of investment, (ii) based on a percentage of cost of remaining investments for the sixth through tenth years,
and (iii) reduced to zero after ten years. For Decheng Global Healthcare Fund (Master), LP, management fees
are based on the percent of account balance, which includes valuation of the portfolio.

C.       The Funds bear all costs of organization and operation, including all trading costs and expenses (e.g.,
brokerage commissions, transaction fees, spreads, custody, taxes, interest and borrowing costs, clearing, and
settlement charges), and all ongoing legal, accounting, tax, bookkeeping, professional, expert and consulting
fees and expenses (including the fees and expenses of the directors, the administrator, attorneys and compliance
consultants (with certain limitation) for the General Partners and DC Global, research consultants, research-
related fees and expenses (including certain travel expenses), portfolio and risk management systems, and
quotation services and related equipment), and each Fund’s proportionate share of its costs and expenses. The
Funds also pay some or all of these expenses on their behalves and allocate them among the relevant capital
accounts.

D.       The General Partners and DC Global generally bear their own operating, general, administrative and
overhead costs and expenses, other than the expenses described above. More information related to expense
allocations can be found in the Funds’ Governing Documents.

E.       The management fee is paid in advance. With respect to the venture capital funds, carried interest is
paid to General Partners in arrears upon the disposition of a portfolio asset. Prospectively, funds with a public
market mandate will pay to their General Partner or DC Global an annual performance-based fee in arrears,
subject to any relevant high-water marks and hurdle rates of return.

F.       Except as otherwise disclosed, neither the Firm nor any of its supervised persons receive, directly or
indirectly, any compensation from the sale of securities or other investment products.

Types of Clients

        The Firm provides investment advisory services to pooled investment vehicles that are excepted from
the definition of investment company pursuant to Section 3(c)(7) under the Investment Company Act. As
disclosed in other areas of this Brochure, investment in the Funds is only available to Qualified Purchasers and
the minimum initial commitment is $5 million.