InterMedia Advisors LLC

Item 5 – Fees and Compensation

Compensation and Fee Schedules
All investors should review the Governing Documents of the Funds in conjunction with this
brochure for complete information on the fees and compensation payable with respect to a
particular fund. All investors in the Funds are “qualified purchasers” as defined in Section 2(a)(51)
of the Investment Company Act of 1940, as amended, and therefore this information is not required
herein.
InterMedia will receive a flat-rate fee for management of the Funds’ assets. Please refer to the
Governing Documents of the Funds for complete information on the management fee payments.

Other Fees and Expenses

In addition to the advisory fees payable to InterMedia, the Funds will bear all expenses related to
its operations, including fees, costs and expenses of the Funds incurred in connection with potential
investments and the evaluation, acquisition, ownership, sale, hedging or financing of any potential
investment, taxes, fees of auditors, counsel and tax advisors, insurance, travel, litigation and
indemnification expenses, administrative expenses, and extraordinary expenses. These expenses
shall include certain charges imposed by third parties, including (but not limited to): fees, costs
and expenses of any custodians, attorneys, accountants, auditors, valuation experts or other
professionals and brokerage commissions, registration fees and expenses, custodial expenses,
other bank service fees and other investment costs, and fees and expenses actually incurred in
connection with actual portfolio investments.

Item 7 – Types of Clients

Types of Clients and Investment Vehicles

InterMedia provides investment advice to pooled investment vehicles. Interests in the Funds are
privately offered to institutional investors and high net worth individuals and may be purchased
only by certain eligible investors who are “qualified purchasers” for purposes of Section 3(c)(7)
of the Investment Company Act of 1940, as amended, and “accredited investors” as defined in
Regulation D under the Securities Act of 1933, as amended (the “Securities Act”).

Minimum Investment Requirements

The Limited Partners of the Funds may include corporations, endowments, foundations, trusts,
estates, high net worth individuals and pension and profit-sharing plans. Generally, investors must
invest a minimum dollar amount of $10,000,000 to invest in the Funds. The General Partner of the
Funds may waive, and has waived the minimum investment amount at its own discretion.