Firstpathway Partners LLC

Fees and Compensation

We are compensated through the payment of management fees and performance-based
compensation by the Funds. The fee terms of the Funds are summarized below and described
more fully in the operating agreement and private placement memorandum (“Governing
Documents”) of each Fund. We deduct any fees or amounts owed to us by the Funds from the
account of each Fund.

Management Fee

We are paid a monthly management fee by each Fund of 2.5% of the aggregate principal of the
portfolio of debt, equity, or other financing transactions or investments made by the Company in
or to the Project (or other permitted projects) on a pro rata basis for the period of time that the
financing transactions and investments are outstanding during the year.

Carried Interest Allocation

In addition, as described in further detail below under “Performance-Based Fee & Side-by-Side
Management,” for each Fund, we receive a performance allocation (commonly referred to as
“carried interest”) in the form of some amount (generally 50% to 100%) of the Fund’s
investment profits after each Investor has returned to them their capital contribution and, in some
cases, a preferred return (generally 0.25% to 2.5%).

Other Fees & Expenses

Each fund shall reimburse FPP for expenses we incur on behalf of each Fund, including escrow
fees, banking fees, operational costs, marketing expense, travel, underwriting, due diligence,
accounting expenses, taxes, organizational expenses, and fees paid to third party service
providers such as agents, lawyers, accountants and consultants. We will bear all compensation
expenses of any of its personnel associated with the management and operation of the Fund,
including the compensation of its personnel acting in the performance of duties and
responsibilities to the Fund.

                   Performance-Based Fees and Side-By-Side Management

As described above, for each Fund we receive a performance allocation (commonly referred to
as “carried interest”) in the form of some amount (generally 50% to 100%) of the Fund’s
investment profits after each Investor has returned to them their capital contribution and, in some
cases, a preferred return (generally 0.25% to 2.5%).

The fact that we receive performance-based compensation creates a potential conflict of interest
in that it may create incentive for us to take certain actions on behalf of the Funds that are riskier
or more speculative than would be the case in the absence of such performance-based
compensation arrangements. Investors in the Funds (the “Investors”) are provided with clear
disclosure in the relevant governing documents and private placement memoranda of each Fund
as to how performance-based compensation is charged for a particular Fund and the risks
associated with such performance-based compensation prior to making an investment. In
addition, the carried interest is applied only upon distribution of profits to the Investors, such that
our economic interest is tied directly to the Investors’ ability to achieve liquidity.

Types of Clients

We provide investment advisory services solely to pooled private investment vehicles, which are
the Funds. In light of the long term nature of an investment in the Funds, the lack of liquidity,
the various risk factors involved, and in order to ensure compliance with federal, state and non
U.S. securities laws, we only allow qualified Investors in each Fund who are not “U.S. Persons”
as defined under Regulation S of the Securities Act of 1933, as amended (the “Securities Act”),
or U.S. Persons who are accredited investors under Regulation D of the Securities Act. The
minimum capital commitment is $500,000 plus the payment of an administrative fee (generally
$50,000).

Investors in the Funds may not sell, transfer, pledge or otherwise dispose of any of their interest,
rights or obligations under the Fund without our prior written consent.

                Methods of Analysis, Investment Strategies and Risk of Loss

It is critical that Investors refer to the relevant offering memorandum, subscription
agreement, and other Governing Documents for a complete understanding of the material
risks involved in an investment in a Fund. The below information is a summary only and is
qualified in its entirety by such documents.

An investment in the Funds may be deemed speculative and is not intended as a complete
investment program. Investing in the Funds involves significant risk. Investments in the
Funds are appropriate only for persons who meet certain eligibility criteria who are able to
bear the risk of loss of some or all of an investment, and have a limited need for liquidity.

Methods of Analysis and Investment Strategies

We will only have Funds invest in Projects that we believe will create or preserve ten permanent
full-time jobs for qualified Investors for each $500,000 in financing made to the Project by the
Funds. We have an economist perform a study to ensure that the required amount of jobs will be
created. We review projections and assumptions provided by independent third party verifiers
engaged to determine whether the Project will be able to repay the investment to the Funds at the
completion of the financing so that the Funds can repay its Investors their equity investment and
a preferred return. In addition, we require that the Project provide to us an independent appraisal
of the ultimate value of the Project and its projected performance. Generally, we limit the
investment by the Funds to 75% of the appraised value of the Project. Generally, the term of the
Fund’s investment in a Project is from five to ten years.

Risk of Loss

As explained more fully in each Fund’s offer documents, the specialized investment program of
each Fund involves a substantial degree of risk. Examples of such risks include:

       •   The Funds may have limited operating history.

       •   All assets of the Funds are invested in the identified Projects and provide no
           diversification.

       •   The Projects may be subject to catastrophic events and other force majeure events,
           such as fires, earthquakes, adverse weather conditions, changes in law, eminent
           domain, war, riots, terrorist attacks and similar risks that could result in a loss of
           investment.

       •   Distributions of available cash by the Funds are not guaranteed.

       •   The Funds rely on us significantly.

       •   Conflicts of interest may exist between us, the various Funds and certain third parties.

       •   Denial of I-526 petition does not require return of investment and does not permit an
           Investor to withdraw.

•   Legal, tax and regulatory changes may occur during the term of the Funds that may
    have an adverse effect.