Integrum Holdings LP

Fees and Compensation

Certain Clients pay a management fee to the Investment Adviser for services provided to such Clients that
is paid quarterly in advance. The fees and compensation applicable to each Client is set forth in detail in
each Client’s offering documents or investment management agreement, as amended from time to time. In
flagship funds we advise, during the commitment period, the management fee is up to 2.0% per annum of
the amount of aggregate capital commitments. After the expiration of the commitment period but before
expiration of the term of the Client, the management fee is up to 1.75% per annum of the amount of
invested capital. Certain other Clients may individually negotiate fees. On occasion, certain Clients will
pay fees to the Investment Adviser for services where other Clients will pay lesser or no fees for the same
or substantially similar services.

In addition, a Client’s general partner, an affiliate of Integrum through common ownership and control,
receives carried interest, a form of performance-based compensation as described in Item 6. The general
partner may charge transaction fees to portfolio companies in which Clients invest. Such fees are usually
credited as an offset to the management fee payable by Client investors.

Integrum generally deducts fees from Clients pursuant to such Client’s organizational and/or offering
documents. Investors must understand the proposed method of compensation to Integrum and its affiliates
and the risks prior to investing in any Client. Investors should refer to a Client’s offering documents and/or
organizational documents for detailed information regarding fees, fee offsets and performance-based
compensation. It is also important to note that any new Client launched by Integrum may have similar or
materially different terms than other Clients.

Management Fee Reductions: At Integrum’s discretion, the management fee may be waived, reduced or
calculated differently with respect to any investor in any Client, including affiliates of Integrum.

Clawbacks: In accordance with the terms of certain Clients’ governing documents and/or offering
documents, carried interest distributions made by Clients to their respective general partner may be subject
to clawback net of taxes if, either during the term of a Client or as of the dissolution of a Client, the
distributions to such general partner in respect of carried interest exceed the carried interest which should
have been allocated to the general partner under a Client’s governing documents when such Client is
viewed as a whole.

Clients’ Operating Expenses: The general partner and the Investment Adviser are responsible for all day-
to-day expenses of their operations, including office overhead and compensation of employees. Clients
pay all expenses related to their own operations, including, without limitation, (i) fees, costs and expenses
directly related to the purchase and sale of securities, expenses of counsel, accountants and other
consultants and professionals, (ii) any insurance, indemnity or litigation expense, (iii) the costs and
expenses of any lenders, investment banks and other financing sources, (iv) certain taxes, fees or other
governmental charges levied against Clients, (v) any such costs incurred in connection with transactions
which are not consummated that the general partner does not elect to pay, (vi) expenses of the LP Advisory
Committee (as defined below) and annual and semi-annual meetings of the limited partners and (vii) other
fees, costs and expenses the LP Advisory Committee has consented to treat as Client expenses. Out-of-

pocket expenses associated with completed transactions are reimbursed by portfolio companies or
capitalized as part of the acquisition price of the transaction. In addition, travel, entertainment and related
expenses are eligible to be treated as Client expenses and may include, without limitation, first class and/or
business class airfare (and/or chartered travel or private air travel), first class lodging, ground transportation,
travel and premium meals (including, as applicable, closing dinners and mementos, cars and meals
(outside normal business hours), and social and entertainment events with investors, prospective
investors, members of the LP Advisory Committee, portfolio company management, lenders, brokers and
service providers.

Management Team Expenses: From time to time, Clients may recruit a management team to pursue a
new “platform” opportunity expected to lead to the formation of a future portfolio company. In other cases,
Clients may form a new investment and recruit a management team to build the portfolio company through
acquisitions and organic growth. In both cases such Clients will bear the expenses of the management
team or portfolio company, as the case may be, including any overhead expenses, employee
compensation, diligence expenses or other related expenses in connection with backing the management
team or building out the platform company. Such expenses may be borne directly by the Clients as Client
expenses (or broken deal expenses, if applicable) or indirectly as Clients bear the start-up and ongoing
expenses of the newly formed platform portfolio company. None of the expenses described above will
offset the management fee.

Other Fees: The Investment Adviser and its respective affiliates are likely to be entitled to receive (i) cash
and non-cash commitment, monitoring, organizational, set-up, advisory, investment banking, underwriting,
syndication fees or other similar fees in connection with the purchase, monitoring or disposition of
investments by Clients, including warrants, options, derivatives and other rights in respect of securities
owned by Clients (excluding amounts (1) received from co-investors, (2) received by Integrum operating
advisors, senior advisors and similar consultants and (3) that are eligible to be treated as expenses of
...

Item 7 Types of Clients
Integrum presently provides discretionary investment advisory services to private investment funds,
including funds of one.