Five Point Infrastructure LLC

Item 5 – Fees and Compensation. Notwithstanding this, Five Point or any affiliated entity may in its sole
discretion determine whether to allocate any unconsummated investment expenses with respect to potential
investment in which co-investment participation is contemplated to solely the principal investing Fund
and/or to its co-investors (or the applicable co-invest vehicle, if any).

        Five Point maintains written allocation protocols and policies setting forth pre-determined criteria
and allocates investment opportunities in a fair and equitable manner based on such written protocols.
Among other things, such protocols provide that investments are appropriately allocated in a manner
consistent with the investment strategy (including risk and return profile) of an applicable Fund.

Item 7           Types of Clients
         As noted in Item 4, Five Point provides portfolio management services to the Funds. In the future,
the Manager may provide portfolio management services to additional investment vehicles that operate as
exempt investment pools under the Investment Company Act of 1940, as amended. The Investors
participating in Five Point investment vehicles may include individuals, banks or thrift institutions,
sovereign wealth funds, pension and profit-sharing plans, trusts, estates, charitable organizations or other
corporations or business entities and also may include, directly or indirectly, principals or other employees
of Five Point. Details concerning applicable suitability criteria and minimum investment commitments are
set forth in the respective Governing Fund Documents. Five Point, in its sole discretion, may waive or
accept less than the minimum investment commitment.

        Investors in the Funds are required to be both “accredited investors,” as defined under the Securities
Act of 1933, as amended (the “Securities Act”), and “qualified purchasers,” as defined under the Investment
Company Act of 1940, as amended. Generally, an “accredited investor” includes (a) a person with an
individual net worth, or joint net worth with the person’s spouse, that exceeds $1,000,000 (excluding the
value of such persons primary residence) and (b) a person with income exceeding $200,000 in each of the
two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable
expectation of the same income level in the current year. A “qualified purchaser” generally includes a
person who owns not less than $5,000,000 in investments or a company which owns not less than
$25,000,000 in investments.