Eastward Capital Partners LLC

ITEM 5: FEES AND COMPENSATION

Description and Fee Billing

Clients in Eastward’s private debt entities compensate Eastward on the actual monthly
realized cash flows. The actual fee for each Client is detailed in the Offering Documents.

Firm Brochure – Part 2A of Form ADV            7                          3/31/2026

FEES BASED ON ACTUAL CASH FLOWS – Beginning in 2010, Eastward began to
offer investors vehicles in which the fee is based on the actual cash flows received from
the portfolio company. Upon receipt of cash, whether it is received in the beginning or
middle of the month, these fees typically range between 1.25% – 5.0% of the total cash
flow. These fees are paid monthly on all cash receipts for the entire life of the Fund. Such
fees are subject to negotiation, at the sole discretion of Eastward.

Investors in Eastward’s equity co-investment pools do not pay fees to Eastward for equity
investments made by such co-investment.

Other Fees or Expenses

For certain Clients, upon the closing of a portfolio transaction, a fee is paid to Eastward
and an affiliate of Eastward. This fee is generally between 1.0% and 3.0% of the total
transaction amount payable at the funding of the investment.

Each Client generally pays or reimburses Eastward for all expenses in connection with the
organization of the Client (including legal and other out-of-pocket expenses). These
aggregate organizational expenses are subject to a maximum amount. Expenses in excess
of the maximum amount would be borne by Eastward.

Generally, each of the Funds also bears transaction-specific expenses (to the extent not
reimbursed by portfolio companies) and all other expenses of the Funds that are not
reimbursed by portfolio companies, including legal, auditing, consulting, financing or
accounting fees and expenses; expenses associated with the respective Fund’s financial
statements, tax returns and K-1 reports, expenses of the advisory board (if applicable) and
conferences and annual meetings of the investors; insurance, expenses incurred for
transactions not consummated; other costs associated with the acquisition, holding and
disposition of the Fund’s investments (including referral fees); and extraordinary expenses
(such as litigation or governmental charges levied against the Fund).

Compensation           for Sale of Securities               or Other Investment
Products

Eastward does not accept compensation, for example, brokerage commissions, for the sale
of securities in the Funds.

ITEM 7: TYPES OF CLIENTS

The Firm’s Clients include:

      Closed end funds

      Investment companies

The investors in the Funds are composed of:

      Institutional investors

      Foundations and endowments

      Banks or other thrift institutions

      Corporations or other business entities

      Family offices

      Trusts, estates or charitable organizations

      Individuals, including high net worth individuals

Firm Brochure – Part 2A of Form ADV              9                        3/31/2026

Generally, the minimum dollar account value required to start an account for clients of
Eastward is $250,000; although Eastward may reduce this minimum amount on a case-by-
case basis.