DME Capital Management LP

Item 5.        Fees and Compensation

Management Fee and Performance Allocation

        We receive from the Greenlight Funds quarterly investment management fees (the
“Management Fee”) at an annual rate equal to either 1.5% or 2.0% of the value of each
investor’s capital account, valued and payable as of the beginning of each quarter (0.375% per
quarter or 0.5% per quarter, respectively). The determination of the applicable management fee
is a function of the date and amount of an investor’s contributions. The Management Fee for
capital contributions made, or shares purchased, during a calendar quarter will be charged pro
rata for the initial quarter of purchase. The Management Fee is also adjusted for withdrawals or
redemptions within a calendar quarter, if permitted by the Greenlight Funds.

       In consideration for the Management Fee, we provide certain administrative services to
the Greenlight Funds, including, but not limited to, office space, furniture and utilities, computer
equipment and services, and secretarial, clerical and other personnel. The Management Fee may
exceed or may be less than the expenses borne by us on behalf of the Greenlight Funds.

        Our affiliate, DME Management GP, LLC, receives from the Greenlight Funds an annual
performance-based profit allocation (the “Performance Allocation”) in an amount equal to 20%
of the increase in the value of each investor’s capital account, subject to a modified high water

mark described below. The Performance Allocation generally will be allocated at the end of each
fiscal year and immediately prior to withdrawals occurring prior to the end of any fiscal year.

        The Performance Allocation taken in respect of the Dollar Interests (as defined below)
will not take into account changes in value due to the receipt of the Dollar Series Compensation
(as defined below). The Performance Allocation taken in respect of the Gold Interests will not
take into account changes in value of the Gold Backing (as defined below) or the payment of the
Dollar Series Compensation.

        If at any time a loss occurs that results in the value of an investor’s capital being less than
the highest value of such capital at the close of any fiscal year since such investor’s admission to
the Greenlight Funds, or the initial amount of capital contributed by such investor to the relevant
Greenlight Fund (the “High Water Mark”), then the Performance Allocation with respect to such
investor shall be 10% of such investor’s allocable share of net profits, if any, until such time as
the value of such investor’s capital (gross of the Performance Allocation and the Dollar Series
Compensation but net of all fees) is equal to the sum of (a) the High Water Mark, plus (b) an
additional amount equal to 150% of the losses incurred by such investor (the sum of (a) plus (b)
being the “Modified High Water Mark”). After such investor reaches the Modified High Water
Mark, the Performance Allocation with respect to such investor will revert to 20%. Withdrawals
by and distributions made to an investor will result in a proportional reduction of the Modified
High Water Mark.

        The Management Fee and the Performance Allocation may be waived, reduced or rebated
for any investor, including, without limitation, for investments we or our affiliates make and/or
for investments made by our employees and their family members.

        The investment management fees and performance-based profit allocations and fees
received by us and our affiliates from the DMEM Clients other than the Greenlight Funds are
calculated using formulas that are different than those described above for the Greenlight Funds.
Such management fees and performance-based profit allocations and fees are described in the
relevant investment advisory agreements or applicable governing documents. An alternative
management fee applicable to a specific investment in the Greenlight Funds has been separately
negotiated.

Expenses

         The Greenlight Funds pay, whether directly or through reimbursement of us and our
affiliates, all costs and expenses related to its investments and operations, including each
Greenlight Fund’s pro rata share of such costs and expenses incurred, which costs and expenses
include, without limitation, brokerage and other transaction costs, data fees, clearing and
settlement charges, outsourced trading service expenses, trade break fees, research (including
research-related travel expenses incurred with respect to specific potential or existing
investments) and brokerage products and services (including market data terminals, risk
management services and order management systems) that fall within Section 28(e) of the U.S.
Securities Exchange Act of 1934, as amended (the “Exchange Act”), legal fees and other
expenses in connection with conducting due diligence and negotiating the terms of investments
(including investment-related travel expenses incurred with respect to specific potential or

existing investments), regardless of whether such investments are consummated, custodial fees,
administrator fees and expenses, third party valuation services, expenses and costs of expert
networks, expenses and costs of obtaining surveys, analysis or other data sets from third parties
related to prospective investments or sectors in which the Greenlight Funds may invest, initial
and variation margin, interest and commitment fees on debit balances or borrowings, stock
borrowing fees and proxy solicitation expenses, legal costs and expenses, audit and tax
preparation expenses, accounting fees, insurance expenses including costs of any liability
insurance and fidelity bonds obtained on behalf of the Greenlight Funds or officers’ and
directors’ insurance, directors’ fees and expenses, indemnification expenses, government and
regulatory costs and expenses (including filing and license fees and preparation and submission
...

Item 7.        Types of Clients

       We provide investment advisory services to the DMEM Clients. We may in the future
provide investment advisory services to additional clients including, but not limited to, other
pooled investment vehicles, corporations, trusts, institutions, high net worth individuals,
investment companies, pension plans, sovereign wealth funds, family offices, foundations and
endowments.

      For a further discussion of these and related items, see Item 4 (Advisory Business) and