Forum Partners Investment Management LLC

Item 5.        Fees and Compensation

Per the limited partnership agreements for of each of the Forum Funds (which are negotiated
collectively with fund investors) and as per the investment adviser agreements entered into
between a Forum Fund, its general partner, and its investment adviser, FPIM or its affiliates
are entitled to compensation for their services in the form of a management fee (the
“Management Fee”), payable monthly in arrears. Management Fees are either deducted
from an investor’s assets invested with the Forum Funds at the payment date, withheld from
distributions, or invoiced pursuant to an invoice issued by the relevant general partner. The
applicable fees for each Forum Fund, and the method of payment, are disclosed to investors
in the Forum Fund Agreements of each Forum Fund.

In addition to FPIM’s Management Fees and performance-based fees (see Item 6), Forum
Fund investors also bear indirectly as partnership expenses all of the legal and other
organizational fees and expenses, direct or indirect, incurred in connection with the creation
of the relevant Forum Fund as well as all other costs and expenses of the relevant Forum
Fund’s activities (together “Organizational and Investment Expenses”). Organizational and
Investment Expenses vary, but typically include (but are not limited to): professional fees such
as banking fees, local administrator fees, legal fees, accounting fees, chartered surveying
services, regulatory filing fees, administrative fees, technological expenses, market and
investment research expenses, accounting fees, taxes, audit fees, placement costs, brokerage
commissions (which are discussed further in Item 12 of this Brochure), transaction fees and
custodial fees. Organizational and Investment Expenses accrue as incurred and are payable
in arrears by the relevant limited partners pro rata in accordance with their respective Forum
Fund commitments on the business day on which capital contributions to the relevant Forum
Funds are made by the limited partners.

Existing investors in the Forum Funds are advised to review the applicable Forum Fund
Agreements for a more extensive description of the fees and expenses associated with an
investment in the Forum Funds. FPIM does not generally receive compensation for its services
to the Proprietary Business Vehicles.

Item 7.        Types of Clients

FPIM generally provides investment advice to the Forum Funds and to the Proprietary
Business Vehicles, which are private investment funds and related investment vehicles.
Interests in the Forum Funds and Proprietary Business Vehicles are offered privately only to
qualified investors, typically institutional investors (for example, public and private pension
funds, charitable organizations, and state and municipal government agencies) and eligible
high net-worth individuals. In connection with investing in a Forum Fund, FPIM typically
imposes a minimum investment amount of $10,000,000, although such minimums may be
waived in the discretion of FPIM. The minimum investment amount for the Proprietary
Business Vehicles is determined by FPIM on a case by case basis. All investors in the Forum
Funds and the Proprietary Business Vehicles are subject to applicable suitability
requirements. It is a requirement for each Forum Fund that each investor in the relevant Fund
be an “accredited investor” as defined in Regulation D under the U.S. Securities Act of 1933,
as amended and a “qualified purchaser” as defined in the U.S. Investment Company Act of
1940, as amended.