DOMA Perpetual Capital Management LLC

Item 5: Fees and Compensation
Management Fees
As described more fully in DOMA’s standard investment management agreements, DOMA is
entitled to a management fee, payable quarterly in advance.. In addition, DOMA typically charges
a performance fee to its separate account clients, subject to a hurdle rate. DOMA’s investment
management and performance fees are negotiable.

As described more fully in the Funds’ governing documents, DOMA is entitled to receive a
management fee with an amount payable monthly in advance equal to 0.125% per month (1.5% per
annum) of the value of each Investor’s share of the net assets of the Fund, calculated as of the first
calendar day of each calendar month, adjusted for subscriptions and redemptions made during the
month and without accrual of the Incentive Allocation.

The Management Fee will be paid at the Master Fund level, and no management fee will be charged
at the Feeder Fund level. The management fee and any performance-based compensation are
deducted from the Funds and calculated by the Funds’ unaffiliated third-party administrator. In
general, these fees are not negotiable. The Investment Manager may also from time to time establish
separate classes of interests in the Funds and such classes may include management fee terms that
differ from those described above. The Investment Manager may waive or modify the Management
Fee for Investors that are members, employees or affiliates of, or advisors to, the Investment
Manager and for certain strategic investors, or as otherwise determined by the Investment Manager,
in its sole discretion, including during a wind down of the Fund’s operations.

DOMA has the discretion to enter into side letters or similar written agreements with Fund Investors
which have the effect of establishing rights under, or altering or supplementing the terms of, the
relevant governing documents. In addition to the compensation payable to DOMA described above,
each Feeder Fund will bear their own, and their pro rata share of the Master Fund’s, costs and
expenses related to investments and operating costs. The list below details some of these expenses,
but does not include every possible expense that the funds may incur:

   •   Investment expenses such as brokerage commissions and other transaction costs, clearing
       and settlement charges, interest and commitment fees on margin accounts or debit balances
       or other borrowings, borrowing charges on investments sold short, and expenses relating to
       trade errors;

   •   Research expenses, including travel and due diligence expenses, trading expenses incurred
       through the use of technology;

   •   Other expenses related to the purchase, sale, or transmittal of assets;

   •   Banking costs, custodial fees, pricing services; and

   •   Any other expenses which we reasonably determine to be directly related to the investment
       of Fund assets.

Detailed information regarding the expenses charged to the Funds is provided within the Funds’
governing documents. DOMA will only seek reimbursement for expenses that are provided under
the Funds’ governing documents and will ensure that any expenses that are shared between the
Funds and DOMA are fair and equitable.

Item 7: Types of Clients
DOMA provides advisory services to large institutional separate accounts and private funds. The
private investment funds operate as pooled investment vehicles intended to provide management
expertise and other advantages to clients. The private investment funds are organized in a “master-
feeder” structure, where the Feeder Funds invest substantially all of their assets into the Master
Fund, although the Feeder Funds may make direct investments for tax, legal or regulatory reasons.

DOMA has the ability to enter into letter agreements or other similar agreements with one or more
clients or fund investors which provide such parties with additional and/or different provisions
(including, without limitation, with respect to management fees, the performance allocations, access
to information, and minimum investment amounts). DOMA will not be required to notify any or all
of its other clients or fund investors of any such written agreements or any of the terms or provisions
thereof, nor will DOMA be required to offer such additional and/or different terms to any or all of
the other clients or investors.