Health Catalyst Capital Management LLC

Item 5 – Fees and Compensation
Health Catalyst Capital generally charges the Funds an annual management fee, payable quarterly
in advance. The following is a summary of the methods used to calculate the management fee paid
to Health Catalyst Capital, by the Funds:
Fund I: During the period commencing on the initial closing date and ending on the rampdown
date, the management fee shall equal 0.625% per fiscal quarter (equal to 2.5% per annum) of the
Limited Partners’ capital commitments. For the period beginning on the rampdown date until the
tenth anniversary of the last day of the calendar quarter, the management fee shall be equal to the
percentage used in the prior twelve month period reduced by 10.0%, but not less than 1.0% per
annual period, of invested capital. For the period beginning after this and thereafter, the
management fee shall be 1% of invested capital annually (0.25% per fiscal quarter) as further
disclosed in such Fund’s Offering Document.

Fund II: During the period commencing on the effective date and ending on the rampdown date,
the management fee shall equal 0.50% per fiscal quarter (equal to 2.0% per annum) of the Limited
Partners’ capital commitment. For the period beginning on the rampdown date until the tenth
anniversary of the last day of the calendar quarter, the management fee shall be equal to the
percentage used in the prior twelve month period reduced by 10.0%, but not less than 1.0% per
annual period, of invested capital. For the period beginning after this and thereafter, the
management fee shall be 1% of invested capital annually (0.25% per fiscal quarter) as further
disclosed in such Fund’s Offering Document.

Continuation Fund I: During the period commencing on the initial closing date, the management
fee shall equal 0.1875% per fiscal quarter (equal to 0.75% per annum) of invested capital as further
disclosed in such Fund’s Offering Document.

CFG – Elevance One: During the period commencing on the initial closing date, an annual
management fee shall equal 0.25% per fiscal quarter (equal to 1.00% per annum) of invested
capital as further disclosed in such Fund’s Offering Document.

The Annex Funds do not charge an annual management fee.
Health Catalyst Capital may also receive advisory fees, consulting fees, break-up fees, directors’ fees,
monitoring fees, and transaction fees at the time of investment from and with respect to the portfolio
companies in which the Funds invest. Fees paid to Health Catalyst Capital are generally shared with Fund
I or Fund II and its Limited Partners through reductions or off-sets against management fees that would
otherwise be payable to Health Catalyst Capital, as further disclosed in the relevant Fund’s Offering
Document.

The Funds will also be responsible for payment of organizational expenses, subject to a cap,
pursuant to the Offering Documents.

Health Catalyst Capital’s fees and compensation arrangements vary among the Investors in the
Funds. The specific terms of such arrangements are established by Health Catalyst Capital, and
are set forth in each Fund’s Offering Documents and side letter arrangements, as applicable.

Health Catalyst Capital generally will be responsible for normal overhead attributable to its
activities, including salaries and employee benefits of employees, office expenses and office rent
and utilities. Each Fund bears the expenses set forth in its Offering Documents.
Consultants and employees of Health Catalyst Capital may from time-to-time perform paid
services to Funds managed by the Adviser and portfolio companies of those Funds.

Item 7 – Types of Clients
Health Catalyst Capital provides investment advice solely to its Funds. Investors in the Funds must
generally be “accredited investors” as that term is defined in Rule 501(a) of Regulation D of the
Securities Act of 1933 and “qualified purchasers” within the meaning of Section 2(a)(51) and Rule
2a51-1 under the Investment Company Act of 1940, as applicable.

Fund Investors are required to commit or contribute certain minimum capital amounts to become
investors in the Funds. Generally, the minimum capital commitment to each Fund is $1 million,
although the General Partner reserves the right to accept capital commitments of a lesser amount.
The General Partner has committed in the aggregate at least 1% of the total capital commitments
to each of Fund I, Fund II, and the Annex Fund.