Fitzwalter Capital US LLC

Item 5 - Fees and Compensation
The Firm is paid an advisory fee by the UK Manager to cover the costs incurred in exploring and
recommending opportunities for investment.
Information on amounts to be charged by the General Partner of each fund will be described in the relevant
fund offering documents, and generally takes the form of percentages applied to the Fund’s total committed
capital and/or invested capital. Affiliates of FitzWalter (the “Special Limited Partners”) are entitled to the
carried interest. See Item 6 for additional information on carried interest.
The General Partner is permitted to enter into side letters and other agreements granting more favorable
rights or terms to certain investors.

Item 7 - Types of Clients
The UK Manager is the Firm’s only direct client. The UK Manager has been appointed by the General
Partner of the Fund as the alternative investment fund manager of the Fund; and may serve as an advisor
or manager to the General Partner in respect of investments on behalf of other investment vehicles. The
Firm therefore acts as the sub-investment advisor to the Fund, which is therefore also counted among the
Firm’s clients.