EACM Advisors LLC

Item 5. Fees and Compensation
As part of the wind down of the Firm, effective January 1, 2019 EACM voluntarily waived all
EACM management and EACM performance fees, thereby the Firm does not charge fees to
either its separate account clients or pooled investors. EACM intends not to charge fees
throughout the process of returning client/investor capital. Other fees and expenses as discussed
herein may be applicable.

Separate Account Fees: As previously stated, effective January 1, 2019 EACM does not charge
fees for its investment advisory separate account services. However, your investment advisory
agreement may also provide that you will incur fees and expenses in addition to our advisory
fees such as custody, administrative and other customary operating expenses. Client accounts
are still subject to such fees and charges payable to other third parties.

Generally, fees are deducted automatically by your account administrator based on instructions
per your investment advisory agreement.

EACM Fund Fees: Effective January 1, 2019 EACM, as investment adviser to its pooled funds,
has voluntarily waived all EACM management and EACM performance fees that are disclosed
in each EACM Fund’s Offering Memorandum. EACM Funds may also be subject to additional
charges such as custody, administrative and other operating expenses. Please see the applicable
EACM Fund’s offering materials for further information regarding fees.

The Firm invested your account in pooled investment vehicles (“Portfolio Funds”) and/or
separately managed accounts that themselves bear advisory fees and operational expenses such
as brokerage and other transaction costs, transfer agent, distribution, shareholder servicing,
networking, and recordkeeping fees. Moreover, investors in the FOHF Program may indirectly
be subject to (i) a management fee charged by a Portfolio Manager based on the portion of their
assets that are invested in the applicable Portfolio Fund; and (ii) an incentive allocation payable
to the Portfolio Manager of Portfolio Fund, which is generally in the range from ten percent
(10%) to thirty percent (30%) of net income or capital appreciation. However, such
fees/allocations may exceed these ranges (including, in certain cases, to a material extent) and/or
may be charged on a different basis. In addition, investors in the FOHF Program may incur
indirectly other investment costs and expenses of the Portfolio Funds, including markups, mark-
downs and other amounts included in the price of a security, odd-lot differentials, transfer taxes,
wire transfer fees and electronic fund fees. Investors in the FOHF Program will indirectly bear
these fees and expenses as an investor in such Portfolio Funds and, as a result, will bear higher
expenses than if you invested directly in the securities held by the Portfolio Fund.

Item 7. Types of Clients
EACM’s remaining investors and clients may include, but are not limited to, high net worth
individuals and family offices, banks or thrift institutions, corporate pension and profit sharing
plans, Taft-Hartley plans, trusts, foundations, endowments, charitable institutions, Investment
Companies, U.S. and “offshore” (non-U.S.) private investment funds, other non-US regulated
funds, sovereign funds, separate accounts, and other U.S. and international institutions.