Fin Venture Capital Management LLC

Item 5: Fees and Compensation

Item 5A., 5B., and 5C.
Fin Capital or its affiliated general partner entities receives fees from the funds in connection with
the Firm’s investment management services. The Firm through the affiliated general partner entity
for each fund has the right and ability to modify the fees paid by their respective limited

partnerships. Fees are negotiable on a case-by-case basis. Additionally, consistent with the
operative documents of a fund, the fund typically bears certain out-of-pocket expenses incurred by
Fin Capital in connection with the services provided to the fund and/or the portfolio companies.
Further details about certain fees and expenses are set forth in more detail below.

Management Fees
Subject to the terms and conditions of the limited partnership agreement between Fin Capital’s
affiliated general partner entities and the limited partners in each fund, Fin Capital will receive a
management fee from each fund as set out in the respective limited partnership agreements.
Generally, these fees are payable quarterly and range from 0% to 2.5% of each fund’s capital
commitments or invested capital. The fees borne by any fund, at times, may be reduced in certain
circumstances during a fund’s term. The management fees and other fees and distributions
described herein may be subject to modification, waiver, or reduction by Fin Capital in its sole
discretion, both voluntarily and on a negotiated basis with selected investors via side letter and
other arrangements, which may not be disclosed to all other investors in the same fund. The fee
structures described herein may be modified from time to time. Fees may differ from one fund to
another, and could potentially vary among investors in the same fund. Management fees paid by a
fund are indirectly borne by investors in such fund. Management fees billed to and received from
the funds generally accrue and become payable quarterly in advance and will be prorated on a
daily basis for partial fiscal quarters.

Carried Interest Distributions
Subject to the terms and conditions of the limited partnership agreement between Fin Capital’s
affiliated general partner entities and the limited partners in each fund, Fin Capital or its affiliated
general partner will receive a carried interest distribution as a percentage (ranging from 0% to
30%) of the fund’s profits. In some cases, carried interest distributions are made in respect of a
limited partner for each realized investment once such limited partner has received cumulative
distributions equal to the aggregate capital contributions made by such limited partner in respect
of such investment. In other cases, carried interest distributions are made in respect of a limited
partner after the fund has made cumulative distributions to such limited partner equal to the
aggregate capital contributions made by such limited partner in respect of the fund’s investments.

Expenses and Other Fees

In most instances in addition to paying the foregoing fees, each of the funds will bear all of their
own expenses as detailed in the operative documents which generally include but are not limited
to: (i) (A) all fees, costs and expenses, if any, incurred in sourcing, evaluating, developing,
negotiating, structuring, making, monitoring, holding and disposing of actual or prospective
portfolio company investments and follow-on investments, whether or not consummated,
including, without limitation, any accounting, advisory, appraisal, consulting fees, due diligence,
financing, legal, placement fees, refinancing, sales commissions, taxes, travel, underwriting
commissions and discounts, and valuation fees and expenses in connection therewith as well as
the costs and expenses of industry-specific business intelligence and information service providers
(to the extent not subject to any reimbursement of such costs, fees and expenses by portfolio
company investments or other third parties) and (B) all broken deal expenses, to the extent not
reimbursed by an entity in which a fund has invested or proposes to invest or by other third parties
or capitalized as part of the acquisition of a transaction; (ii) brokerage commissions, custodial

expenses, investment costs, transactional expenses, and fees and expenses incurred in connection
with making, holding or disposing of portfolio company investments; (iii) fees, costs and expenses
of accountants, advisors, auditors, bankers, consultants, counsel, investment bankers, regulatory
services, third party administrators and other professionals and all ordinary out-of-pocket
administrative expenses related to the operation, administration or liquidation of a fund, including,
without limitation, the preparation and distribution of reports (including the partnership’s financial
statements and tax returns); (iv) any out-of-pocket expenses incurred in connection with a fund’s
legal and regulatory compliance with U.S. federal, state, local, non-U.S. or other laws and
regulations, including without limitation, reporting on and compliance with regulatory filings
relating to a fund’s activities, including the preparation and filing of any forms, schedules, filings,
information or other documents necessary to avoid the imposition of withholding or other taxes
pursuant to The U.S. Foreign Account Tax Compliance Act or any comparable legislation or
regulation published by any other relevant jurisdiction), and compliance with any anti-money
laundering or “know your customer” laws, rules, regulations or policies (including investor review
and monitoring); (v) repayment, including interest, fees and expenses, of all borrowings made by
a fund, including, but not limited to, the arranging thereof; (vi) the costs, fees and expenses of any
litigation, fund, directors and officers liability or other insurance, indemnification (including any
indemnification granted to any third-party placement agent, finder, any affiliated general partner
...

Item 7: Types of Clients

As detailed in Item 4, Fin Capital, through affiliated general partnerships, provides investment
advisory services on a discretionary basis to privately offered pooled investment vehicles
organized as limited partnerships. Investment advice is provided directly to the funds and not
individually to investors in such funds. Investors in the limited partnerships must be accredited
investors within the meaning of Regulation D under the Securities Act and, for certain limited
partnerships, qualified purchasers within the meaning of the 1940 Act. Investors include, among
others, high net worth individuals, banks, thrift institutions, public and private pension, and profit-
sharing plans, trusts, estates, charitable organizations, university endowments, corporations,
limited partnerships and limited liability companies or other entities. Generally, the minimum
commitment to the limited partnership is between $250,000 and $5,000,000. However, the general
partner reserves the right to accept commitments of lesser amounts.