Helix Partners Management LP

Item 5 – Fees and Compensation

Management Fee; Performance Based Compensation Management Fee

In lieu of an investment management fee (“Management Fee”), Helix receives reimbursement of certain
expenses.

The Investment Adviser, in its sole discretion, may waive or modify the Management Fee for Investors,
including, without limitation, those Investors that are members, principals, employees or affiliates of the
Investment Adviser, and relatives of such persons

Performance Based Compensation and Other Types of Fees or Expenses

Detailed information regarding the fees and expenses charged to each Client Account will be set forth in
such Client Account’s offering and/or governing documents. The amount, structure and type of fees paid
by a Client Account may vary and may be negotiated. Client Accounts may pay fees that are different from,
more, or less than the fees (or types of fees) set forth in this Brochure, or more or less than similar Client
Accounts or Client Accounts invested in similar strategies. Helix has discretion to waive or reduce

management fees and performance-based compensation in certain situations for certain investors, as
disclosed in the offering and governing documents of each Client Account.

Helix and its affiliates generally receive from the Helix Strategic Fund and Helix Strategic Fund II (a)
annual performance-based compensation and (b) reimbursement of certain expenses.

Item 7 – Types of Clients

Helix offers advisory services to the Helix Strategic Fund and Helix Strategic Fund II. In the future, Helix
may provide advisory or other services to other Client Accounts.

The Client Account offering documents will describe any criteria that potential investors must meet in order
to invest, including minimum investment amounts and net worth, net assets or other sophisticated investor
qualifications.