Farley Capital LP

ITEM 5 – FEES AND COMPENSATION
Item 5.A   Describe how you are compensated for your advisory services. Provide your fee
           schedule. Disclose whether the fees are negotiable.

           Gymkhana Partners

           As of December 31, 2025, the limited partners in Gymkhana Partners were Labrador
           Partners, Newfoundland Partners and outside investors. The General Partner was
           Farley Associates II LLC. The management fee and incentive allocation otherwise
           payable by limited partners have been waived for the affiliated entities.

           Labrador Partners, Newfoundland Partners and Gymkhana Partners

           As described below, Farley Capital is compensated for its advisory services to
           Labrador Partners, Newfoundland Partners and Gymkhana Partners in the form of a
           fixed management fee (the “Management Fee”). Farley Capital does not receive a
           performance-based fee for services rendered to Labrador Partners, Newfoundland
           Partners and Gymkhana Partners, however, the General Partners of each of these
           Funds receive an incentive allocation (the “Incentive Allocation”).

           Management Fee

           Labrador Partners and Newfoundland Partners each pay to Farley Capital a
           Management Fee as of the beginning of each calendar quarter equal to 0.25% (1.0%
           annualized) of the quarter-beginning balance in the capital account of each investor.
           Gymkhana Partners pays to Farley Capital a Management Fee as of the beginning
           of each calendar quarter equal to 0.375% (1.5% annualized) of the quarter-beginning
           balance in the capital account of each of its Class 1 limited partners, and a
           Management Fee as of the beginning of each calendar quarter equal to 0.1875%
           (0.75% annualized) of the quarter-beginning balance in the capital account of each
           of its Class 3 limited partners. The Management Fee is calculated and paid in
           advance, but is amortized over the quarter during which such Management Fee is
           earned. A pro rata portion of the Management Fee will be paid out of any capital
           contributions made by new or existing investors to a Fund on any date that does not
           fall on the first day of a calendar quarter, based on the actual number of days
           remaining in such partial quarter. The General Partner of each of Labrador Partners,
           Newfoundland Partners and Gymkhana Partners is authorized to reduce, waive or
           calculate differently the Management Fee with respect to one or more capital
           accounts of certain investors.

           Incentive Allocation

           Generally, at the end of each year, Labrador Partners and Newfoundland Partners
           each allocate an Incentive Allocation to the capital account of its General Partner
           equal to 10% of the excess of the net capital appreciation allocated to the capital
           account of any investor in that Fund over the Management Fee deducted from such
           capital account. Similarly, at the end of each year Gymkhana Partners will generally
           allocate 20% of the excess of the net capital appreciation allocated to the capital
           account of any investor attributable to the Fund’s Class 1 interests and 15% of the
           excess of the net capital appreciation allocated to the capital account of any investor
           attributable to the Fund’s Class 3 interests, in each case over the Management Fee
           deducted from such capital account. Certain investors in the Funds and/or in certain

           other Funds to be managed by Farley Capital in the future may have a right to be
           allocated a portion of the Incentive Allocation through an investment in the General
           Partner, in exchange for a five-year capital commitment by such investors in the
           Funds.

           The net capital appreciation upon which the calculation of an Incentive Allocation is
           based is deemed reduced by the unrecovered balance, if any, in an investor’s “Loss
           Recovery Account.”
           The Loss Recovery Account is a memorandum account, established for each
           investor upon its admission to a Fund, the opening balance of which is zero. At each
           date that an Incentive Allocation is to be determined, the balance in each investor’s
           Loss Recovery Account is credited with aggregate net capital depreciation (taking
           into account such investor’s share of the Management Fee) since the last date on
           which a calculation of the Incentive Allocation was made (or in the case of the first
           such calculation for an investor, since the admission of the investor), and debited,
           but not beyond zero, by the aggregate net capital appreciation (taking into account
           such investor’s share of the Management Fee) since that date. In the event that an
           investor with an unrecovered balance in its Loss Recovery Account withdraws all
           or a portion of its capital in the Fund, the unrecovered balance in such investor’s
           Loss Recovery Account will be proportionately reduced. Additional capital
           contributions do not affect an investor’s Loss Recovery Account.

           Fees charged to the Managed Accounts vary and payment terms are detailed in an
           investment management agreement entered into by and between us and each client.

           The information contained in this Item 5 is only a summary of the fees payable
           to Farley Capital from the Funds and is qualified in its entirety by the Funds’
           Offering Documents. It is critical that investors refer to the relevant Fund’s
           Offering Documents for a complete understanding of how Farley Capital is
           compensated for its advisory services.
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ITEM 7 – TYPES OF CLIENTS

Describe the types of clients to whom you generally provide investment advice, such as individuals, trusts,
investment companies, or pension plans. If you have any requirements for opening or maintaining an
account, such as a minimum account size, disclose the requirements.

Farley Capital provides investment advisory services to pooled investment vehicles operating as private
investment funds. Farley Capital does not impose any minimum account requirements on such private fund
clients, however, such private fund clients generally impose minimum account requirements on their
investors and/or require them to satisfy certain suitability standards.

When deemed appropriate for a large or strategic investor, Farley Capital may establish a Managed Account
and may tailor its investment objectives to those of the specific investor and/or be subject to different terms
and/or fees than those of the Funds. It should be noted that any such managed account relationships would
generally be subject to significant account minimums, all of which are reflected in the advisory agreement
between Farley Capital and the managed account client.