Deltroit Asset Management UK LLP

Item 5: Fees and Compensation
DAM UK’s remuneration is based upon a combination of management fees of 2-3% depending on the share class of the
Fund and a performance fee of 20% above a high-water mark. Fees will be deducted from client assets monthly. Our
clients may incur other fees or expenses such as brokerage fees (see Item 12 of this Brochure for further information),
transaction costs, fund expenses and custodian fees.

Each of the Funds (directly or indirectly through its service providers) the following trading and operating expenses:
brokerage commissions, borrowing charges on securities sold short, spreads, mark-ups, and other transactional and
execution charges; interest expenses; insurance premiums; research costs and market data costs (in each case subject
to applicable law and the section entitled “Research Charge” below); custodial and settlement fees; legal, accounting
and auditing fees and expenses; travel expenses; marketing and distribution costs; registering the Fund for sale in other
jurisdictions; any necessary translation fees; Directors’ fees; all sums payable in respect of Directors’ and officers’ liability
insurance cover; costs incurred in respect of the distribution of income to Shareholders; any costs incurred as a result of
preparing this Offering Memorandum or preparing periodic updates of this Offering Memorandum, or other reports to
shareholders; exchange and broker fees relating to the listing, if applicable, of the Shares on any stock exchange; costs
of maintaining the Fund’s and the Master Fund’s registered office; printing and mailing costs; communication expenses
with respect to investor services and all expenses of meetings of Shareholders; certain computer software expenses;
income taxes, withholding taxes, transfer taxes, stamp duties, filing fees or other governmental charges imposed on the
Fund or the Master Fund or any other feeder fund created to invest in the Master Fund, as applicable; and extraordinary
expenses (including litigation, arbitration, mediation, government investigation, or dispute in connection with the business
of the Fund and/or the Master Fund and the amount of any judgment or settlement paid in connection therewith, or with
the enforcement of the Fund’s and/or the Master Fund’s rights against any person or entity and indemnification expenses,
if any) (including, without limitation, indemnification of selling agents for losses they suffer or may suffer, including, without
limitation, losses related to violations of law or untrue statements in this Offering Memorandum).

Deltroit Asset Management (UK) LLP: ADV Part 2A

Item 7: Types of Clients
The Firm is a manager of funds and segregated managed accounts. The target client/ investor base consists of
institutional investors. Investors in the Funds generally include institutions (e.g., pension plans, endowments, charitable
organizations, foundations, sovereign wealth funds and similar), funds-of-funds, and high net worth individuals and family
offices (including trusts related to the same). Any minimum initial and additional subscription requirements are disclosed
in the offering documents for the relevant Fund. Investors will be required to make certain representations when
subscribing to a Fund through the execution of a subscription agreement and other documents. Interests and shares in
the Funds are not registered under the Securities Act (or any similar law), and such Funds are not registered under the
Investment Company Act of 1940, as amended. Accordingly, interests and shares in the Funds are offered and sold
exclusively to investors satisfying the applicable eligibility and suitability requirements either in private transactions within
the United States or offshore.

Deltroit Asset Management (UK) LLP: ADV Part 2A