Edge Natural Resources LLC

Item 5:         Fees and Compensation
The Company generally receives an asset-based management fee from each Fund that is payable quarterly
in advance, as further described in the applicable Fund Governing Documents. Subject to the specific
provisions of the applicable Fund Governing Documents, during the commitment period, management
fees will be calculated based on capital commitments and following expiration of the commitment period,
management fees will be calculated based on actively invested capital. To the extent a Management
Agreement is terminated, management fees will be charged on a pro rata basis through to the date of
termination, and any fees paid in advance but not earned will be refunded. The General Partner of each
Fund will generally make capital calls on the Fund’s investors for the amount of the Company’s

management fees and pay the amounts received to the Company. To the extent that the Company, the
General Partner or any of their affiliates or employees receive any director fees, monitoring fees, financing
fees, commitment fees, closing fees or other similar fees (“Special Income”), such fees will be applied
against management fees otherwise payable by the applicable Fund in accordance with the terms of the
Fund Governing Documents. For the avoidance of doubt, other Operating Partner and Technical
Consultant (as defined below) compensation and directors’, monitoring, consulting or similar fees paid to
members of the Company’s Industry Advisory Board shall not be considered Special Income.

An affiliate of the Company (the “Special Limited Partner”) is also generally entitled to receive a carried
interest allocation from each Fund after certain performance hurdles are met, as further described in the
Fund’s Governing Documents. Such carried interest represents a portion of each Fund’s net investment
profit.

The management fees and carried interest are generally subject to waiver or reduction by the General
Partner with respect to some or all of a Fund’s investors in the General Partner’s sole discretion.

Each Fund is responsible for all expenses relating to its own operations, including fees, costs and expenses
directly related to the purchase, management, monitoring, and sale of investments or prospective
investments (including travel costs and reasonable entertainment); activities with respect to the
origination, identification and sourcing of investment opportunities for the Fund, including attending and
sponsoring industry conferences and events (including reasonable entertainment and gifts associated
with such events), meeting with and engaging consultants, finders, broker-dealers, investment banks and
other sources of investments and developing and maintaining an investment pipeline; principal, interest,
fees, expenses and other amounts payable in respect of financings; custody fees and costs of other third-
party services; costs relating to data provider services (including management systems and software);
legal, accounting, engineering and other professional costs (including consulting and retainer fees and
other compensation paid to Technical Consultants (defined below) performing various services relating to
the Funds and their potential and consummated investments); any insurance, indemnity or litigation
expenses; all costs of the Fund’s administration, including preparation of its financial statements and
reports to investors (including arising in connection with the use or maintenance of any investor portals
or related software); costs of meetings of partners (including Industry Advisory Board meetings to discuss
business development and industry research); fees, costs, and expenses incurred in connection with
compliance with sustainability standards or internal policies, including investigation, training, monitoring,
tracking, engagement, reporting and preparation of any documentation with respect thereto; expenses
relating to regulatory compliance (excluding expenses related to compliance with the Investment Advisers
Act of 1940); expenses relating to the Limited Partner Advisory Committee, including out-of-pocket
expenses of its members; and any taxes, fees or other governmental charges levied against the Fund. In
addition, each Fund will be responsible for all out-of-pocket costs and expenses in connection with
prospective Investments that are not consummated, without regard to the anticipated participation by
any co-investors in such transaction. A discussion of the manner in which the Company will execute trades
through brokers is provided in Item 12 below.

Each Fund also bears all costs and expenses incurred in connection with the organization of the Fund,
including legal and accounting fees, printing costs, travel and out-of-pocket expenses, and all costs and
expenses incurred in connection with the offering of interests in the Fund (but excluding any placement
fees), up to a specified maximum. Organizational expenses in excess of this amount will be paid by the
Fund but borne by the Company through a 100% offset against the Company’s management fee.

Additionally, as further described herein and in the applicable Fund Governing Documents, it is the
Company’s practice to retain certain Operating Partners (“Operating Partners”) to provide consulting and
other services to (or with respect to) one or more Funds or certain current or prospective portfolio
companies in which one or more Funds invest. In addition to compensation received from the Company,
Operating Partners are eligible to receive additional compensation from portfolio companies, including:
(i) director’s fees from portfolio companies on whose boards of directors they serve; (ii) additional
compensation for serving as an executive officer of a portfolio company; (iii) a portion of the carried
interest in one or more Funds; (iv) stock options and other incentive equity from portfolio companies; and
...

Item 7:         Types of Clients
The Company’s clients are the Funds. The investors in the Funds generally include endowments,
foundations, public and private pension plans, financial institutions and high net worth individuals.