Guardian Point Capital LP

Item 5 – Fees and Compensation

Advisory Contracts and Fees

5.A. Adviser Compensation

Detailed descriptions of fees charged to Investors in the Fund are located in the Fund’s
Confidential Private Offering Memorandum (“CPOM”).

Asset-Based Compensation

Guardian Point receives a management fee from the Fund which is paid quarterly in
advance. The management fee is equal to 1.25% (per year) of the value of each Investor’s
capital account in the Fund, calculated at the beginning of each quarter. The management
fee is adjusted for contributions and withdrawals made during a quarter. Guardian Point
may waive or reduce the management fee for investors that are principals, employees, or
affiliates of Guardian Point or relatives of such persons.

Performance-Based Compensation

Guardian Point is also entitled to receive performance-based compensation, which is
compensation that is based on a share of capital gains on or capital appreciation of the
assets of the Fund. This compensation is allocated to Guardian Point in the form of an
incentive allocation equal to 10% of the total net profits allocated to each limited partner's
capital account, subject to a loss carryforward provision. Guardian Point may waive or
reduce the incentive allocation for investors that are principals, employees, or affiliates of
Guardian Point or relatives of such persons.

5.B. Direct Billing of Advisory Fees

Fees are deducted directly from the Fund’s account held with its custodian, in accordance
with the CPOM.

5.C. Other Non-Advisory Fees

The management fee is exclusive of brokerage commissions, transaction fees, and other
related costs and expenses which shall be incurred by the Fund and, by extension,
Investors. The Fund may incur certain charges imposed by custodians, brokers,
administrators, attorneys, auditors and other third parties such as fees charged by
managers, custodial fees, deferred sales charges, odd-lot differentials, transfer taxes, wire
transfer and electronic fund fees, and other fees and taxes on brokerage accounts and
securities transactions. The Fund’s portfolio may include positions in mutual funds or
exchange-traded funds that also charge internal management fees, which are disclosed in
each such fund’s prospectus. Such charges, fees, and commissions are exclusive of, and in
addition to, Guardian Point’s fees. Guardian Point does not receive any portion of these
commissions, fees, and costs.

Item 12 below describes the factors that Guardian Point considers in selecting broker-
dealers for Fund transactions and determining the reasonableness of their compensation
(e.g., commissions).

5.D. Advance Payment of Fees

The Fund pays the management fee in advance. The management fee is adjusted for
contributions and withdrawals made during the quarter. In the event of an Investor’s
withdrawal of all or any portion of its capital account during a quarter, any prepaid,
unearned fees will be promptly refunded.

5.E. Compensation for Sale of Securities or Other Investment Products

This Item is not applicable.

Item 7 – Types of Clients

Guardian Point’s only client is the Fund, which is a private pooled investment vehicle.

The minimum initial investment for the Fund is disclosed in the CPOM.