Infinity Credit Advisory LLC

ITEM 5 – FEES AND COMPENSATION
The Investment Manager is compensated for its advisory services to the Funds in the form of an asset
management fee (the “Management Fee”) and a performance allocation (the “Performance Allocation”).
Infinity receives an advisory fee, which varies for different clients as set forth in the applicable governing
documents. Infinity also receives a performance allocation or carried interest equal to a percentage of the
annual net appreciation of each client’s account, or a percentage of distributions to investors more than
their capital contributions and, in some cases, a preferred return as disclosed within the applicable
governing documents.

Management Fees are paid monthly or quarterly in advance or in arrears, in accordance with the
applicable governing documents. The timing of the Performance Allocation can vary based upon factors
detailed within the applicable governing document and is otherwise paid on an annual basis. In the event
of the removal of the Investment Manager, any fees will be prorated based on the effective date of the
termination and the total number of days in the billing period. Any fees paid but unearned will be

promptly refunded to the investor. Clients should review the relevant governing documents for more
complete information on the fees and expenses associated with their investment.

It is intended that eligible investors will also pay the Investment Manager of any Fund carried interest, the
terms of which will be negotiated with each fund and outlined in the Fund’s relevant prospectus,
investment management agreement, private placement memorandum, or other controlling document.

Certain pooled investment vehicles also incur operating expenses of the manager and its affiliates,
including administration, software, accounting, tax, and legal fees and expenses as disclosed in the
corresponding governing documents.

The Investment Manager may directly fund commercial loans into a Fund. These loans may have
origination fees. The controlling document between any Fund, Investment Manager, and Infinity
Commercial Lending, LLC (“ICL,” the origination agent and an affiliate of Infinity), if applicable, will
dictate whether these fees are retained by the Fund or ICL. This presents a conflict of interest because it
may mean ICL may be compensated when the Fund funds commercial loans as part of its investment
strategy, whether or not the loans are successful investments. The Investment Manager mitigates this
conflict by agreeing to underwriting guidelines with the Fund. Loans must meet these underwriting
guidelines to be funded by each Fund.

Each Fund intends to deduct the applicable fees from each investor’s account under the terms of the
relevant Fund’s offering documents. Investment Management Agreements between the Investment
Manager and the Funds will allow the Investment Manager to deduct its fees directly from the Fund’s
assets in compliance with regulatory requirements regarding custody of Fund assets.

In addition to a Management Fee and potential carried interest, future Funds will be responsible for
trading costs, brokerage commissions, custodian fees, and administration fees paid to third parties. See
Item 12 below for more information about the brokerage commissions that will be incurred by investors
of Infinity.

IT IS CRITICAL THAT INVESTORS REFER TO THE RELEVANT FUND’S OFFERING
DOCUMENTS FOR A COMPLETE UNDERSTANDING OF HOW INFINITY IS
COMPENSATED FOR ITS ADVISORY SERVICES. THE INFORMATION CONTAINED IN
THIS ITEM 5 IS A SUMMARY ONLY AND IS QUALIFIED IN ITS ENTIRETY BY THE
RELEVANT FUND’S OFFERING DOCUMENTS.

ITEM 7 – TYPES OF CLIENTS
Infinity intends to provide investment advisory services to Funds, to pooled investment vehicles classified
as private Funds, and separately managed accounts for institutional investors. For each Fund, the
constituent documents set the minimum amounts for investment requirements from time to time;
however, investors in each Fund must be (i) an “accredited investor”, as defined under Regulation D
under the Securities Act; (ii) a “qualified purchaser” as defined in the Company Act, or a “knowledgeable
employee” as defined by the Rule 3c-5 of the Company Act; and (iii) meet other suitability requirements.
Infinity Credit Fund is exempt from registration under federal securities regulations pursuant to Section
3(c)(1), 3(c)(5), or 3(c)(7) of the Investment Company Act of 1940. The investors in the unregistered
funds are either non-accredited investors, accredited investors, qualified clients, and/or qualified
purchasers, as defined in the federal securities laws. The minimum investment size for the Funds shall be
$250,000. The Investment Manager, in its sole discretion, may accept lesser amounts.

The Investment Manager is allowed to enter into side letter agreements (“Side Letters”) with one or more
investors of unregistered Funds which can provide such investors with additional or different rights
(including, without limitation, with respect to management fees, performance fees, access to information,
and minimum investment amounts) than such investors have according to the general terms of the
unregistered Fund. Infinity will not be required to notify, or provide copies to, all of the other investors of
any such Side Letter or any of the rights and/or terms, nor will Infinity be required to offer such additional
and/or different rights and/or terms to all other investors.

A fund that is managed by the Investment Manager formed a joint venture with an institutional credit
manager and it’s affiliates to acquire assets and enter into secondary market transactions such as
securitizations, and to hold, own, and operate loans that are purchased, originated, or in REO.