Hayfin Capital Management LLC

Item 5–Fees and Compensation General

The specific manner in which fees are charged by and paid to Hayfin Capital is established in
written agreements with the Company.

Details concerning applicable fees for the Funds are set forth in the respective Fund’s offering
documents.

Fund Management

As compensation for the performance of its portfolio management obligations under the
relevant agreements related to the Funds, Hayfin Capital will be entitled, to the extent that funds
are available for such purpose in accordance with the priority of payments, to receive (i) a base
management fee, (ii) a subordinated management fee, and/or (iii) a contingent management or
carried interest performance-based fee.

The calculation and payment of the fees described above and the priority of payments are
described in the respective Fund’s offering documents.

Incentive Fees

See Item 6 below for information with respect to incentive fees.

The Investment Advisers Act of 1940, as amended (the “Advisers Act”), generally restricts the
payment of performance-based fees to investment advisers registered under the Advisers Act.
However, Advisers Act Rule 205-3 permits the payment of performance-based compensation
to registered investment advisers provided that the clients (including, for these purposes,
investors in investment vehicles such as the Funds) meet certain financial qualifications. The
offerings of interest in the Funds are structured to comply with this Rule and, accordingly, the
Funds will only charge performance-based compensation to investors who meet the
qualifications set forth in Rule 205-3.

Redemptions and Termination

Funds

Investors in the Funds are not entitled to have their interests in the respective Fund redeemed
but may, in certain circumstances, be permitted to sell such interests in the secondary market
at any time. However, investors should be aware that buyers of such interests may not be
readily available in the secondary market.

Investors who hold their investment in a Fund when such Fund terminates will receive payment
in accordance with the respective Fund’s offering documents.

Other Fees and Expenses

Hayfin Capital’s fees are exclusive of brokerage commissions, transaction fees, and other
related costs and expenses that shall be incurred by the respective Fund. The Funds may incur
certain charges imposed by custodians, brokers, 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 Funds may invest in other collective investment vehicles managed by third-party
investment managers which also charge management fees, which are disclosed in the collective
investment vehicles’ prospectus or offering memorandum. Hayfin Capital’s fees are not
reduced by these other fees and expenses.

Item 12 further describes the factors that Hayfin Capital considers in selecting or
recommending broker-dealers for the Funds’ transactions and determining the reasonableness
of their compensation (e.g., commission rates and mark-ups and mark-downs).

In certain circumstances, Hayfin Capital’s fees may be negotiable.

Non-Discretionary Clients

Hayfin Capital receives fees or other remuneration for its non-discretionary services as set forth
in the sub-advisory agreement with Hayfin Capital Management LLP and other affiliated
advisers (the “Sub-Advisory Agreement”).

Item 7 – Types of Clients

Hayfin Capital provides investment advice to the Funds. Investors in the Funds may include
institutional clients including, but not limited to, banks or thrift institutions, pension and profit
sharing plans, trusts, estates, charitable organizations, corporations or business entities,
financial institutions, family offices, private equity funds, sovereign funds, hedge funds,
foundations and endowments, and high net worth individuals.

The respective Fund’s offering documents will specify the minimum initial investment required.

Details concerning applicable fees and suitability criteria are set forth in the respective Fund’s
offering documents.