Digital Bridge Advisors LLC

ITEM 5 – FEES AND COMPENSATION

Investors generally pay an asset-based fee based on the amount of either their committed or contributed
capital, as provided in each Client’s operating agreement or as otherwise proscribed in applicable side
letter agreements between Digital Bridge and the Investor, as applicable. Consequently, the fees or
compensation structure vary depending on the particular circumstances and agreements between Digital
Bridge, each Client and certain Investors, as applicable, and could take into consideration such Investors’
relationships and/or agreements with other affiliates of Digital Bridge.

In addition, Digital Bridge has entered into business services agreements where Digital Bridge provides
Portfolio Companies with certain operational or administrative support services in exchange for a monthly

fee.
Certain Digital Bridge clients also pay a work fee to Digital Bridge in lieu of an investment management
fee, in respect of the services provided under the applicable management and advisory agreements.

Digital Bridge’s fees are negotiable. The relevant agreements with each Client, and in certain cases directly
with Investors, set forth any fees and expenses that Digital Bridge is entitled to receive in exchange for its
services, and the timing in which such fees or expenses are payable. Digital Bridge charges its
management fees quarterly in advance. Clients and Investors typically pay fees to Digital Bridge for the
entire holding period of a particular investment. If an Investor transfers its ownership interest in a
particular investment, there would be a fee refund due to that Investor for the portion of the fee that was
paid in advance for the period in which the transfer occurred. Any such refund would be calculated on a
pro rata basis, based on the number of days the Investor actually owned the relevant investment during
the period the transfer occurred. Fees are typically invoiced to Clients or Investors although, in certain
cases, such fees are deducted directly from assets of the Client or SPV.

Certain Digital Bridge employees, and the Principal Equity Vehicles, may also participate in the profits
interests of Portfolio Companies. See Items 6 and 10 below for additional information concerning these
arrangements and the conflicts of interest created by these relationships. In addition, the Principal Equity
Vehicles are entitled to receive a profits interest, if any, from their membership interests in the general
partner of the DigitalBridge Management Funds, and the general partners of certain DigitalBridge
Management Funds alternative investment vehicles and co-investment vehicles affiliated with the
DigitalBridge Management Funds. Certain Digital Bridge employees also participate in the profits interest
of the DigitalBridge Management Funds and alternative investment vehicles and co-investment vehicles
affiliated with the DigitalBridge Management Funds.

Neither Digital Bridge nor its Supervised Persons (as defined in Item 11) accept compensation for the sale
of securities or other investment products, including asset-based sales charges or service fees from the
sale of investment funds.

Generally, and except to the extent otherwise set forth in the governing documents of each SPV, SPVs
directly or through operating entities owned by the respective SPV, will bear their own expenses,
including, but not limited to (i) legal, regulatory, and other organizational expenses, (ii) all investment-
related expenses, including due diligence and research expenses, reasonable travel expenses, including in
relation to researching potential or unconsummated investments, expenses related to negotiating, entering
into, holding, monitoring, servicing, enforcing rights related to, and disposing of investments, including
legal expenses, broken deal expenses, servicing fees, collateral manager expenses, margin and hedging
expenses, (iii) expenses in connection with any credit facility, including legal expenses and interest
expenses, (iv) all other expenses associated with the operation of the SPV, including insurance premiums,
legal expenses, and ongoing expenses related to complying with regulatory and reporting requirements
following registration to market in any jurisdiction and other fees, costs, and expenses incurred in relation
to compliance with applicable laws and regulations and the operation and administration of the SPVs
generally, (v) expenses related to meetings of and reporting to the investors in the SPVs, including
financial statements, tax returns, and K-1s, as applicable, (vi) custodian and/or depositary, administrator,
accounting, audit, and tax preparation expenses, placement agent fees and expenses, rating agency
expenses, and all other service provider expenses, (vii) expenses related to any additional special purpose
vehicles or subsidiaries of the SPV, and (viii) taxes (other than taxes treated as allocable to and properly
borne by an investor), indemnification expenses, litigation and settlement expenses. In certain

circumstances where an SPV is unable to call capital from investors therein to cover operating expenses,
such expenses may be paid by DBRG or an affiliate thereof, with such amounts to be reimbursed by, to
the extent applicable, future distributions that would otherwise be made to investors. In connection with
Co-Investment Transactions, SPVs or investors therein may be required to reimburse the DigitalBridge
Management Funds, DBRG or affiliates thereof for certain out-of-pocket fees and expenses paid by such
entities to third parties, including, if agreed with an investor, a mark-up on such fees and expenses.

ITEM 7 – TYPES OF CLIENTS

As discussed above, Digital Bridge provides advice to Clients that are privately offered special purpose
vehicles, each formed to facilitate investments in a particular Portfolio Company. Investors are typically
either Institutional Investors or high net worth individuals. As a general matter, Digital Bridge will only
accept Investors that satisfy applicable eligibility and suitability requirements for private transactions
pursuant to available exemptions under applicable securities laws, including Sections 3(c)(1) or 3(c)(7) of
the Investment Company Act of 1940 (as applicable) and Regulation D under the Securities Act of 1933.
In addition, Digital Bridge’s Clients and Investors must be “qualified clients” as that term is defined under
the Investment Advisers Act of 1940, in order for Digital Bridge to charge such Clients and Investors
performance fees. There may be conditions for investing, including minimum investment amounts, which
are stated in the relevant agreements for each Client.