Hunter Street Partners LP

Item 5 - Fees and Compensation

Advisory Fees

The fees and expenses applicable to each Fund are set forth in detail in each Fund’s respective governing
documents. A summary of those fees and expenses is provided below.

The Funds pay a management fee to the Investment Manager during the term of the Fund. The Management
Fee is paid quarterly in advance on the first day of each calendar quarter. During the Investment Period,
the Management Fee with respect to each Limited Partner is 1.75% per annum of such Limited Partner’s
Capital Commitment. Thereafter, the Management Fee for each Limited Partner is 1.75% per annum of
such Limited Partner’s pro rata share of Invested Capital. The Management Fee may be paid out of
Investment Proceeds, and to the extent necessary, from drawdowns, thereby reducing Undrawn Capital
Commitments. However, from time to time, the Advisor may negotiate its fee.

The Advisor may in its discretion waive, reduce or calculate differently the Management Fee in respect of
any Limited Partner without offering the same opportunity to other Limited Partners and expects to waive
the Management Fee in respect of any employees, owners or affiliates of the Investment Manager, and other
members of the Sponsor.

Placement agent fees will be treated as paid out of amounts allocable to such Limited Partner and the
Management Fee in respect of such Limited Partner will be reduced on a dollar-for-dollar basis.

To the extent such offsets would reduce the Management Fee for a given quarterly period below zero, such
offsets will be carried forward and reduce future installments of the Management Fee, but not any
previously paid Management Fees.

Other Fees

Portfolio Companies

The General Partner, the Investment Manager or their affiliates may receive transaction, directors’,
consulting, advisory, management, monitoring, closing, break-up, servicing, disposition or administration
fees and other similar fees from portfolio companies in connection with the Fund and its Investments and
potential Investments (“Other Fees”). 100% of such Other Fees will be applied to reduce the Management
Fee for such quarterly period (net of any unrecouped expenses associated with the Fund’s investments).

Third Parties

The Fund may enter into an agreement with a third party (the “Independent Investor Representative”) to serve
as the independent investor representative of the Fund. The General Partner may appoint a different
independent investor representative and Limited Partners will be notified of any such change. The
Independent Investor Representative will be responsible for approving any “principal transactions” for the
Fund (or AIV or SPV) within the meaning of Section 206(3) of the Advisers Act in which the Investment
Manager or its Affiliate acts as principal for its own account with respect to the sale of a security to or purchase
of a security from the Fund (or AIV or SPV). The role and responsibility of the Independent Investor
Representative will not be to make investment recommendations or pricing determinations, or to comment on
the merits of the transaction for which consent is requested. It is expected that any Independent Investor
Representative would be indemnified out of the assets of the Fund. The Fund will pay the Independent
Investor Representative’s fees and reasonable out-of-pocket expenses incurred in connection with its services

rendered on behalf of the Fund. All Limited Partners, in making Capital Commitments, consent to the
appointment and authority of the Independent Investor Representative.

Expense Reimbursement

To the extent any of the expenses are incurred on behalf of the Fund and any other funds or accounts managed
by the Investment Manager, the Fund shall not bear more than its pro rata portion of such expenses (other than
broken deal expenses incurred as described above under “CERTAIN CONFLICTS OF INTEREST—Co-
Investments”), as determined by the General Partner using a fair and reasonable allocation methodology given
the circumstances of such expenses. In such circumstance the Fund will reimburse the General Partner, the
Investment Manager or their affiliates, as applicable, for any expenses paid by the General Partner, the
Investment Manager or any such affiliates that are expenses to be properly borne by the Fund.

Expenses

The Fund will bear its share of all costs and expenses incurred in connection with the organization and
startup of the Fund, the Investment Manager, the General Partner and the Offshore Fund (including its mini-
master vehicle), including:

    •   Legal and accounting fees
    •   Printing costs
    •   Travel and out-of-pocket expenses; and
    •   All costs and expenses incurred in connection with the offering of interests in the Fund, including
        compliance with any Blue Sky laws and AIFMD and costs and expenses incurred in connection
        with the preparation, distribution, printing and negotiation of this Memorandum, any other
        marketing documents and organizational documents subject to an aggregate amount (together with
        such expenses of the Offshore Fund) not to exceed the Fund’s allocable share of $500,000.

The Fund will pay all other cost and expenses attributable to the Fund’s activities, including without
limitation:
      • Management Fees;
      • Any and all fees, costs and expenses incurred in connection with the evaluation, diligence,
          discovery, sourcing, investigation, development, researching, negotiation, financing, structuring,
          acquisition, consummation, monitoring, holding, maintaining, hedging, management or
          disposition of Investments (whether or not consummated) and temporary investments;
      • Any and all fees, costs and expenses incurred in implementing or maintaining third-party software
          tools, programs or other technology for the benefit of the Fund;
...

Item 7 - Types of Clients

Hunter Street provides advisory services to its Funds. Certain Funds are organized in a “mini-master feeder”
structure, where the onshore fund and offshore fund invest substantially all of their assets in the master
fund, although the feeder funds may make direct investments for tax, legal, or regulatory reasons.

Without the approval of any Limited Partner or any other person or entity, the General Partner may enter
into a side letter or similar agreement with one or more Limited Partners executed in connection with the
admission of such Limited Partners to the Fund.

The Adviser has formed entities to accommodate certain investors. The structure of such vehicles
may differ from that of the Fund and such Parallel Vehicles may invest, in whole or in part, alongside the
Fund on terms and conditions that may be similar to or that may differ from those of the Fund, including to
the extent that legal, tax, regulatory, currency or other considerations dictate.

In particular, Hunter Street Offshore Fund II, LP, a Cayman Islands exempted limited partnership (the
“Offshore Fund”) was formed to follow an investment program similar to that of the Fund but may not
participate in all of the Fund’s investments. As a result, the investment results of the Offshore Fund may
differ from those of the Fund. The Offshore Fund is an investment fund designed for qualified non-U.S.
investors and certain U.S. tax-exempt investors and managed by an affiliate of the General Partner.

Hunter Street also determines that if, for legal, tax, regulatory or other similar reasons, it is in the best
interests of the Fund or one or more Partners that some or all of the Partners participate in investments or
in potential investments through an alternative investment structure or structures, then all or a part of such
investments by making such investments outside of the Fund by requiring some or all of the Partners to
make capital contributions in respect of such investments through a partnership, limited liability company
or other vehicle (also known as an “AIV”) that will invest in lieu of or alongside the Fund or by transferring
assets and/or liabilities to an AIV and admitting some or all of the Partners to such AIV.

Hunter Street has also formed certain entities in which third-party investors, as well as related persons, have
invested in a single issuer to hold Investments, interim investments or other assets, to borrow funds or enter
into one or more credit facilities or arrangements, or for one or more other special purposes (each of the
foregoing entities being an “SPV”) Hunter Street decides, in its sole discretion, which third parties may be
offered an opportunity to invest in an SPV.

The minimum Capital Commitment to purchase a limited partnership interest and become a limited partner
in the Fund is $5 million. Capital Commitments of lesser amounts may be accepted at the sole discretion
of the General Partner.