Integra Global Advisors LLC

Item 5 - Fees and Compensation

The Adviser charges Managed Account clients an annual or monthly advisory fee that will range
from 0.10% per annum to 1.50% per annum of (i) the net assets of a Managed Account or (ii) a
Managed Account’s committed capital to each external private fund investment in respect of which
the Adviser provides investment advisory services, in each case, as negotiated and agreed to by
the Managed Account client and the Adviser based on the size of the Managed Account and the
types of services that the Adviser will provide to the Managed Account under the terms of the
relevant investment advisory agreement. In certain cases, the Adviser forgoes all or a portion of
its asset-based fee in exchange for a performance-based fee; provided that the total aggregate
compensation paid to the Adviser will not exceed 1.50% per annum of assets under management
attributable to a particular Managed Account.

Investment management fees are charged each month in arrears based on the average daily market
value of the assets of the Managed Account during the month (including net unrealized
appreciation or depreciation of investments and cash, cash equivalents and accrued interest). If a
Managed Account’s investment management agreement is terminated or a withdrawal is made
from a Managed Account during a month, the fee payable to the Adviser will be calculated based
on the value of the assets on the termination date or withdrawal date and prorated for the number
of days during the month in which the investment management arrangement was in effect. The
Adviser either bills Managed Accounts for investment management fees or instructs the Managed
Account’s custodian to deduct advisory fees from the account. These fees are negotiable.

The Adviser does not charge the Funds any asset-based or performance-based fees.

In addition to paying investment management fees or, if applicable, performance-based fees,
Managed Accounts are also subject to other expenses in accordance with the terms their respective
investment management agreements, such as custodial and account maintenance charges,
brokerage fees, other transaction costs, commissions and related costs; asset-based and
performance-based fees charged by a private investment fund or a third party investment adviser
selected by the Adviser; interest expenses; taxes, duties and other governmental charges; transfer
and registration fees or similar expenses; costs associated with foreign exchange transactions; other
portfolio expenses; and costs, expenses and fees associated with products or services that may be
necessary or incidental to such investments or accounts.

Clients that invest in one or more Funds will also be subject to certain expenses set forth in the
Fund’s governing documents, such as legal, tax and regulatory compliance, filings and reporting
(including, without limitation, Form D, Form PF, FATCA, anti-money laundering compliance and
state security filings); third-party administrator, audit, accounting, consulting and other
professional expenses; tax preparation and other tax-related expenses (including preparation costs
of financial statements, tax returns and reports to Fund investors); portfolio valuation fees and
expenses (including third-party valuation agents); Fund-related insurance costs (including a pro
rata share of directors’ and officers’ insurance, errors and omissions insurance, fidelity insurance
and other similar policies for personnel of the Adviser); expenses related to the Funds’
indemnification obligations and other extraordinary expenses, such as all expenses relating to any

Integra Global Advisors LLC                                                     Form ADV Part 2A

litigation and other actions, suits or proceedings involving the Funds; any taxes, fees or other
governmental charges levied against the Funds and all expenses incurred in connection with any
tax audit, investigation, settlement or review of the Funds; organizational expenses of the Funds,
including, without limitation, legal, accounting and other expenses of the offer and sale of the
interests in the Funds; expenses associated with reporting to Fund investors; expenses incurred in
connection with the acquisition, holding, monitoring, disposition or proposed disposition of each
Fund’s investments, whether or not consummated, including, without limitation, taxes, research
products and services, travel expenses, any brokerage fees, sales commissions, appraisal fees,
research reports and consultations, statistical data, market data and portfolio management analytics
and software, including, without limitation, third-party electronic data storage and the Funds’ order
management systems; custodial fees; bank service fees; expenses incurred in connection with the
Funds’ dissolution, liquidation, winding-up and termination; and any other expenses related to the
purchase, sale or transmittal of each Fund’s assets. In addition to Fund level expenses, each Fund
investor will indirectly bear its pro rata share of: (i) the management fees and performance
compensation payable or allocable to the third-party investment managers (or their respective
affiliates) (the “Third-Party Fund Managers”) of the private funds (the “Third-Party Funds”)
in which the Funds invest; and (ii) the direct expenses of the relevant Third-Party Funds. In respect
of the Managed Accounts that invest in one or more Funds, the foregoing fees and expenses are in
addition to the fees and expenses that the Managed Account clients bear pursuant to their respective
investment management agreements with the Adviser.

Please refer to Item 12 of this Brochure for a discussion of Adviser’s brokerage practices.

The allocation of expenses by any investment adviser between it and any client and among clients
represents an inherent conflict of interest for the investment adviser. To address this conflict, the
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Item 7 - Types of Clients

As discussed in Item 4, the Adviser’s clients currently consist of institutions, high net worth
individuals and the Funds; however, the Adviser is not precluded from advising other types of
clients in the future.

The Adviser generally requires that a Managed Account invests a minimum of $20,000,000 for its
Integra Global Advisors line of business, but does not impose a minimum for the Integra Private
Wealth line of business. If the assets in a Managed Account falls below the minimum requirement
due to market fluctuations only, the client will not be required to add additional funds to the account
to meet the minimum account size. The Adviser may waive these minimum asset requirements in
its sole discretion.

While the Adviser does not have any minimum investment requirements for investing in a Fund,
each Fund requires that an investor is: (i) an “accredited investor”, as such term is defined in
Regulation D under the Securities Act of 1933, as amended; and (ii) a “qualified purchaser” as

Integra Global Advisors LLC                                                       Form ADV Part 2A

such term is defined in Section 2(a)(51) of the Investment Company Act of 1940, as amended.