Hark Capital Advisors LLC

Item 5. Fees and Compensation

The typical compensation structure for advisory services provided to the Funds consists of: (1) an annual
management fee, which is typically based on a percentage of invested capital (“Management Fees”); and
(2) performance-based compensation such as carried interest as further described under Item 6 below. Fees
are negotiable and minimum fees may be waived. Fund investors’ Management Fee and performance-based
compensation are generally deducted from the investors’ capital accounts.

Fund investors may bear performance-based compensation after such investors have received distributions
equal to the amount of its capital contributions or the amount invested in realized investments, plus its
applicable preferred return. At the discretion of Hark, the Management Fee or performance-based
compensation for a client or Fund investor may be reduced or waived, in accordance with applicable law.

Management Fees and performance-based compensation are further described in each Fund’s private
placement memorandum, limited partnership agreement, limited liability company agreement, and/or any
other applicable governing documents, as amended from time to time (the “Offering Documents”).

MANAGEMENT FEE

Hark investors are charged a Management Fee on invested or funded capital depending upon the Fund. The
annual rate of the Management Fee varies by Fund, as set forth in the governing documents of the applicable
Fund. The Management Fee is charged quarterly in arrears. Any payment of the Management Fee for a
period less than a calendar quarter will be pro-rated according to the actual number of days in such shorter
period.

PERFORMANCE COMPENSATION

Each Fund’s general partner is typically entitled to receive carried interest from each investor in a Fund;
provided such investor has first received distributions equal to the amount of its capital contributions, plus
its applicable preferred return. The profit share and preferred return of a Fund are set forth in the governing
documents of the applicable Fund.

Performance-based compensation creates an incentive to recommend investments which are riskier or more
speculative than those which would be recommended under a different compensation arrangement. This is
because Hark will receive higher compensation for good performance on a performance-based
compensation account than from strictly asset-based fee accounts. Higher fees benefit Hark because the
asset-based fees and performance-based compensation are included in the pool from which the members of
Hark are paid incentive bonuses. Nevertheless, Hark has adopted policies and procedures to manage this
conflict and other conflicts of interest associated with performance compensation arrangements. A
description of additional conflicts of interest associated with performance compensation-based
arrangements and the policies and procedures Hark has adopted to address such conflicts of interest is set
forth in Item 6.

Notwithstanding the priority of distributions, and subject to available cash, each Fund may make a tax
distribution to such Fund’s general partner to enable payment of tax obligations in respect of allocations of
income related to carried interest for which such general partner did not receive any cash. Any such tax
distribution made to such Fund’s general partner will reduce amounts subsequently distributable to such
general partner as carried interest.

ADDITIONAL INFORMATION

Certain offering, organizational, transaction and ongoing expenses are charged to the Funds, as more fully
described in each Fund’s Offering Documents. Expenses borne by each Fund may include, but are not

limited to, the following:

        •        activities with respect to the structuring, organizing, negotiating, consummating, financing,
                 refinancing, acquiring, bidding on, owning, managing, monitoring, operating, holding,
                 hedging, restructuring, trading, taking public or private, selling, valuing, winding up,
                 liquidating, or otherwise disposing of, as applicable, investments;

        •        actual and potential investments or expenses related to seeking to do any of the foregoing
                 above;

        •        break-up fees (broken deal fees) with respect to transactions not completed that are paid to
                 the general partner;

        •        legal, accounting, auditing, third-party administrator, insurance (including directors and
                 officers and errors and omissions liability insurance), travel, consulting, finders’, financing,
                 appraisal, filing and other fees and expenses (including expenses associated with
                 negotiating, consummating, monitoring, hedging and disposing of investments, the
                 preparation of financial statements, tax returns and Schedule K-1s);

        •        broker, dealer, finder, underwriting (including both commissions and discounts), loan
                 administration, private placement fees, sales commissions, investment banker, finder and
                 similar services;

        •        real property or personal property taxes on investments, including documentary, recording,
                 stamp and transfer taxes;

        •        brokerage fees or commissions;

        •        to the extent permitted by applicable law, expenses incurred in connection with the
                 investigation, prosecution or defense of any claims by or against such Fund, including
                 claims by or against a governmental authority and taxes applicable to such Fund on account
                 of its operations;

        •        the repayment of all indebtedness and all interest, costs, fees and expenses associated
                 therewith;

        •        any taxes, fees or other governmental charges levied against a Fund (including costs and
                 expenses related to FATCA compliance);
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Item 7. Types of Clients

Hark provides investment advisory services to pooled investment vehicles and may offer advisory services
to separate accounts established by institutional clients.

Interests in a Fund are offered pursuant to applicable exemptions from registration under the Securities Act
or equivalent foreign securities law (as applicable). Investors in a Fund are subject to certain investor
qualification standards and are required to make certain representations and warranties in their respective
subscription agreements before they can purchase interests or shares in a Fund. The investors participating
in the Funds may include pension and profit-sharing plans, family offices, governmental entities, sovereign
wealth funds, charitable organizations, high net worth individuals and other corporations or business entities
and may include, directly or indirectly, Ridgepost’s, RCP’s and/or Hark’s partners or employees and those
of their respective affiliates.

The Funds generally require a minimum investment of $1 million. Under certain circumstances Hark waives
this minimum, and Hark reserves the right to do so.

In order to establish a separate account (whether discretionary or non-discretionary), a potential client must
enter into a written investment advisory agreement with Hark, or the investor may invest in an entity
established for the benefit of the separate account client by completing a subscription agreement and
eligibility questionnaire upon which Hark can rely in completing documentation for investments for the
separate account. The minimum amount of investment required to establish a separate account is considered
on a case-by-case basis taking into account a variety of factors including fee structure, investment
restrictions and duration of commitment. Separate account clients may also maintain investments in one or
more Funds.