Hivemind Capital Partners LLC

Item 5.     Fees and Compensation

We generally receive management fees, carried interest, and/or other compensation in connection with
our advisory services, as described in the Governing Documents.

Management Fees

As compensation for investment advisory services rendered to the Funds, each Fund’s GP/MM generally
receives from each such Fund a management fee that is typically calculated based on (i) either capital
commitments during the applicable Investment Fund’s commitment period or invested capital following
the termination of such Investment Fund’s commitment period or (ii) the Fund’s prevailing net asset value.
Generally, each GP/MM’s eligible management fee is based on a percentage of the foregoing (i.e., either
(i) committed capital and thereafter invested capital or (ii) net asset value ranging from 2% to 2.5%.
However, actual management fees may be adjusted downward by a dollar-for-dollar offset of certain
portfolio company monitoring, transaction and other fees. Certain investors may pay a lower aggregate
management fee than those stated above; pay management fees on a different schedule than other

Hivemind Capital Partners LLC                                                              Form ADV Part 2A

investors; or pay no management fees. Management fees are generally paid to the GP/MM of the
applicable Fund in advance and are pro-rated based on the number of days elapsed in such period. The
terms of a third-party co-investment vehicle, including management fees paid by such vehicle, are
negotiated by the relevant GP/MM and the potential co-investor(s) on a case-by-case basis in their
respective sole and absolute discretion and in that regard, certain investors in such vehicles may not pay
management fees.

Carried Interest

The Funds typically pay a carried interest to each Fund’s GP/MM, as further described in Item 6 –
Performance-Based Fees and Side-By-Side Management.

Expenses

Private Funds

In addition to the management fee and carried interest, the Funds bear certain expenses as outlined in
the Governing Documents. Please review the Governing Documents for each Fund for a detailed
description of expenses such Fund will bear.

Each Fund will pay expenses that include, without limitation, the Fund’s organizational expenses; winding
up, liquidation and dissolution costs, fees and expenses of the Fund; any sales or other taxes, fees or
government charges which may be assessed against the Fund, including, but not limited to, registrar filing
fees; commissions or brokerage fees or similar charges incurred in connection with the purchase or sale
of securities (including any merger fees payable to third parties and whether or not any such purchase or
sale is consummated); costs and expenses for software, subscriptions and other databases for purposes
of sourcing and monitoring investments; costs and expenses associated with attending industry
conferences and marketing expenses for trade associations; the costs and expenses (including travel-
related expenses) of hosting annual and special meetings for the Fund, or otherwise holding meetings or
conferences with limited partners, whether individually or in a group; interest expense for borrowed
money (if any); all expenses relating to litigation and threatened litigation involving the Fund, including
indemnification expenses; expenses attributable to normal and extraordinary investment banking,
commercial banking, accounting, auditing, appraisal, legal, fund administration, finder’s, custodial,
transfer and registration services provided to the Fund and any expenses attributable to consulting
services, including in each case services with respect to the proposed purchase or sale of securities by the
Fund that are not reimbursed by the issuer of such securities or others (whether or not any such purchase
or sale is consummated); travel expenses in connection with the investment activities of the Fund;
expenses associated with outsourcing certain financial reporting, accounting and other administrative
services provided to the Fund; costs of financial statements and other reports (including Schedule K-1s)
provided to and other communications with the Partners, as well as costs of all governmental returns,
reports and filings; governmental registration, filing and licensing costs and fees relating to the Fund, the
GP/MM and the Adviser; premiums for liability or other insurance to protect the Fund, the GP/MM, the
Adviser and any of their respective direct and indirect partners, members, stockholders, officers,
directors, employees, agents or affiliates in connection with the activities of the Fund; and all other
expenses properly chargeable to the activities of the Fund. In the discretion of the GP/MM, expenses of
any feeder entities may be borne by the Fund.

Hivemind Capital Partners LLC                                                                Form ADV Part 2A

Co-Investment Funds

Co-Investment Funds will pay certain expenses including expenses for the formation, operation,
dissolution, winding-up, or termination of the Co-Investment Fund (including all such costs of the
GP/MM), organizational expenses, investment expenses, operating expenses, transaction expenses,
bookkeeping, accounting and legal expenses, indemnification and advancement expenses, tax returns,
valuation costs and expenses. The Private Fund(s) and any Co-Investment Fund(s) shall share common
expenses related to a portfolio investments in proportion to the capital invested by each Fund in such
portfolio investments and all other expenses in proportion to their relative subscriptions, in each case to
the extent practicable.

Item 7.     Types of Clients

We provide advice directly to our Fund clients and not individually to investors in any Fund. Investors in
the Funds are generally fund of funds, pension plans, corporations, other institutional investors, family
offices and high net worth individuals. To date, the Adviser has generally required minimum investment
amount of $100,000 for any Fund. Any minimum investment amounts for a Fund may be waived at our
discretion.