Integrity Growth Partners LP

ITEM 5: FEES AND COMPENSATION

Management and Performance-Based Fees

Management Fees:

Fees generally are paid as set forth in each Fund’s Governing Documents. The information
contained herein in this Item 5 is a summary only and is qualified in its entirety by the relevant
Governing Documents. It is important that Investors refer to the relevant Governing Documents

for a complete understanding of expenses and fees they may pay through an investment in the
Funds.

The Adviser is compensated for its advisory services through asset-based management fees
(“Management Fee”). Each Fund will pay a Management Fee annually in advance at a rate between
1 – 1.25% for each SPV and quarterly in advance at a rate of 2% for each BPF of aggregate
commitments during the investment period. Commencing with the first fiscal quarter beginning
on or after the earlier to occur of (i) the end of the investment period or (ii) the General Partner’s
determination that all material investment activities have been completed, the Management Fee
shall be the rate indicated above for each SPV and BPF of invested capital (i.e., the cost basis of
portfolio company investments then held by the Fund, reduced by any investments that have been
entirely written off or permanently written down), which will be calculated annually, unless
otherwise determined by the General Partner in its sole discretion.

The Management Fees are generally not negotiable; however, the Adviser or General Partner, in
its sole discretion, may waive or modify the Management Fee for certain Investors.

Carried Interests:

The general partner of each Fund is entitled to receive “carried interest” in an amount between 10-
25% which varies by each Fund. The specific percentage and amount of the carried interest is
outlined in each respective Fund’s Offering Documents.

The General Partner may, in its sole discretion, designate certain investors as “affiliated partners”
that may be exempted from all or some portion of the carried interest and the General Partner may
otherwise agree to exempt certain investors from all or a portion of the carried interest, of which
the General Partner has entered into certain arrangements in this regard.

Other Information

The Adviser is responsible for its normal overhead and administrative expenses, including
expenditures on account of salaries, wages, benefits, and other expenses of the Adviser’s or
General Partner’s members, agents and employees, rentals payable for space used by the Adviser,
General Partner or the Funds, bookkeeping services and equipment.

Each Fund bears all costs and expenses relating to its activities and operations as provided in each
Fund’s Governing Documents. Generally, each Fund will bear all other expenses, including
expenses related to the investigation (whether or not consummated), purchase, holding and sale of
portfolio company securities, investment-related travel, legal, accounting, investment banking,
research, brokerage and finders’ fees, custody, transfer, registration, advisory board, interest, taxes
and extraordinary expenses, and other similar fees and expenses. The foregoing list of expenses is
not intended to be exhaustive and is qualified in its entirety by the applicable Governing
Documents of each Fund.

From time to time, the Adviser or the respective General Partner will be required to decide whether
costs and expenses are to be borne by a Fund, on the one hand, and other vehicles advised or
managed by the Adviser, General Partner, or any of their respective affiliates, on the other hand.
The Adviser or General Partner will allocate such fees and expenses in a manner it believes in

good faith to be fair and equitable, but in its sole discretion. The allocation may not be proportional,
as certain of such vehicles have different expense reimbursement terms, including with respect to
Management Fee offsets.

The Adviser and/or General Partners and their Principals or employees or affiliates may receive
directors’, consulting, management services, advisory, consultant, monitoring, transaction,
commitment, broken deal, break-up or similar fees from any portfolio company or prospective
Portfolio Company of a Fund (“Transaction Fees”). Receipt of Transaction Fees may create a
conflict of interest because the amounts of such Transaction Fees may be substantial, and the rights
of a Fund and the Investors to these fees are limited to the offset arrangement described below and
in the applicable Fund’s Governing Documents. Determining whether such Transaction Fees will
be paid periodically, prepaid or deferred and paid in arrears may also create a conflict of interest.
When Transaction Fees are earned with respect to any Portfolio Company in which a Fund co-
invests with third parties, including other funds advised or managed by the Adviser or an affiliate
thereof, if any, the Adviser will determine and apply the Fund’s allocable share of such Transaction
Fees as described in more detail in the Governing Documents; such allocations often may not be
clear and will involve a level of discretion.

ITEM 7: TYPES OF CLIENTS

The Adviser provides discretionary investment advice solely to the Funds, as described in Item 4
above. The Funds include investment partnerships and/or other investment entities formed under
domestic laws and operate as exempt investment pools under the Investment Company Act of
1940, as amended (the “Investment Company Act”). The investors participating in the Funds
generally include individuals, institutions, other investment entities, family offices, trusts, public
and private pensions, endowments, pensions, foundations, estates or charitable organizations or
other corporations or business entities.

The Funds minimum investment amount may vary for third-party investors per Fund. Investors in
the Funds will be required to be “accredited investors” within the meaning of Rule 501(a) under
the Securities Act of 1933, as amended (the “Securities Act”) and are generally “qualified
purchasers” within the meaning of Section 2(a)(51) under the Investment Company Act.