Greenwood Investors LLC

Item 5: Fees and Compensation

A. Fee Schedule

Investment Supervisory Services Fees

        Total Assets Under Management           Annual Management Fee        Performance Fee

 All Separate Accounts                                   1.5%                      None

 GreenWood Global Micro Fund, LP

         Founders Class (Closed)                         0.0%                     15.0%

                                                                     Form ADV 2A Version: 06/30/2026

         Total Assets Under Management            Annual Management Fee        Performance Fee

                                                                               15.0% after a 5%
          Builders Class (Open)                            1.0%                     hurdle

                                                                              10.0% after 12%
 GreenWood Builders Fund I, LP                             1.0%              compounded hurdle

 GreenWood Builders Fund II, LP
                                                                               10.0% after a 5%
         Series A                                          1.0%                  annual hurdle

                                                                               10.0% after a 5%
         Series B                                          1.0%                  annual hurdle

 GreenWood Builders Fund IV, LP
                                                                               10.0% after a 5%
         Class A                                           1.0%                  annual hurdle

                                                                               15.0% after a 5%
         Class B                                           1.5%                  annual hurdle

 GreenWood Builders Fund V, LP
                                                                               10.0% after a 5%
         Affiliated LP                                     1.0%                  annual hurdle

                                                                               15.0% after a 5%
         New LP                                            1.5%                  annual hurdle

These fees are not negotiable, and the final fee schedule is attached as Exhibit II of the
Investment Advisory Contract for Separate Accounts and in the Subscription Documents for
each fund. If we amend a fee agreement in the future for one investor, we intend to give the
same option to all existing investors, or in the case the fees are lower, we will proactively apply
it to all existing investors at the time, subject to possible incentives based on length of
investment with the firm. Fees are paid quarterly in arrears, and separate account clients may
terminate their contracts with same day, written notice. Fund investors may redeem their
interests monthly, with no lockups, except as clearly stated in the Partnership Agreement or
any other document between the fund and the client. The Limited Partners of GreenWood
Builders Fund V LP are subject to a three (3) year lock-up period that begins on the effective
date of the formation of GreenWood Builders Fund V LP. Clients may terminate their contracts
without penalty, for full refund, within 5 business days of signing the advisory contract.
Advisory fees are withdrawn directly from the client’s accounts with client written
authorization.

Item 7: Types of Clients

GWI generally provides management supervisory services to the following Types of Clients:

    ❖ Endowments
    ❖   Institutional Investors
    ❖   Family Offices
    ❖   Individuals
    ❖   High-Net-Worth Individuals

Minimum Account Size

There is an investment minimum, $10,000 for separate accounts and $100,000 for our funds,
which may be waived by the investment advisor, based on the needs of the client and the
complexity of the situation.

The minimum investment in the GreenWood Global Micro Fund, LP is $100,000 and the same
minimum applies for the GreenWood Builders Fund I, LP, the GreenWood Builders Fund II,
LP, the GreenWood Builders Fund IV, LP, and the GreenWood Builders Fund V, LP. The
Builders Fund I, the Builders Fund II, the Builders Fund IV, and the Builders Fund V serve as
a single-name co-investments to affect constructive changes to our targeted companies.
They are a limited life vehicles. From time to time, when GreenWood seeks to augment its
share of company ownership via its institutional relationships, it will continue to launch co-
investment funds. It serves as a way for investors to increase their exposure to our highest
conviction ideas.

                                                                      Form ADV 2A Version: 06/30/2026