First Eagle Private Credit LLC

Item 5.          Fees and Compensation

FE Private Credit typically is compensated for investment advisory and management services provided to
its clients in the form of management and performance fees above a specified threshold return. These
fees vary by client. The manner of calculation and payment method for these fees is set forth in the

Relevant Documents for each client. For additional information about performance fees, please refer to

Item 7.          Types of Clients

FE Private Credit’s clients include Funds and CLO Clients. Fund and CLO investors typically include banks,
insurance companies, business development companies, other private or public funds, businesses or
entities, endowments, pension funds, high net worth individuals and family offices. In some cases, FE
Private Credit employees may invest in FE Private Credit managed funds including managed CLO’s. Except
as is otherwise specified in Relevant Documents, investors in these investment vehicles are required to
be (i) “accredited investors” as defined in Regulation D under the U.S. Securities Act of 1933, as amended
(the “’33 Act”) and/or “Qualified Institutional Buyers” as defined in Rule 144A under the ’33 Act or (ii)
either “qualified purchasers” or “knowledgeable employees” as defined under the Investment Company
Act of 1940, as amended (the “1940 Act”), as amended (and for purposes of Section 3(c)(7) thereunder).
The terms and conditions of client accounts may vary from client to client depending on the type of client
or type of services provided but separately managed accounts generally require a minimum of $100
million in managed assets. For Funds and CLO Clients, the investment minimums for investors are
specified in the Relevant Documents. In certain cases, investment minimums may be reduced or waived
by FE Private Credit.