Ironarc Management LLC

Item 5: Fees and Compensation

The fees applicable to each of the Funds are set forth in detail in the corresponding Offering
Documents. A brief summary of such fees is provided below.

Management Fee

IronArc is paid an investment management fee (“Management Fee”) based on a percentage
of the LPs committed capital.

The Fees will range from 0-20%.

The Investment Manager, in its sole discretion, may waive or modify the Management Fee for
any Investor.

Other Types of Fees or Expenses

IronArc is authorized to incur and pay in the name and on behalf of the Funds all expenses
which they deem necessary or advisable.

The Firm is responsible for and shall pay, or cause to be paid, all of their own ordinary
administrative and overhead expenses, including, without limitation, all costs and expenses
related to rent, furniture, fixtures, equipment, office supplies, clerical expenses and all
salaries, bonuses and benefits paid to, or on behalf of, personnel of the Firm.

The Funds bear all other expenses, which include, without limitation, the following expenses
incurred by or allocable to the Funds: (i) the     structuring,      organizing,    negotiating,
consummating, financing, refinancing, diligencing, acquiring, bidding on, owning, managing,
monitoring, operating, holding, hedging, restructuring, trading, selling, valuing, winding up,
liquidating, dissolving or otherwise disposing of, as applicable, the Portfolio Company and any
of the Fund’s other actual and potential investments (including follow-on investments) or
seeking to do any of the foregoing (including any associated legal, financing, commitment,
transaction or other fees and expenses payable to attorneys, accountants, tax professionals,
investment bankers, lenders, third-party diligence software and service providers, consultants
and any similar professionals in connection therewith), whether or not any contemplated
transaction or project is consummated and whether or not such activities are successful and
whether or not such activities were undertaken prior to the date hereof; (ii) brokerage, sale,
custodial, depositary, trustee, record keeping, account and similar services; (iii) legal,
accounting, research, auditing, administration (including fees and expenses associated with
the Fund’s third-party administrator, third-party consultant and administration, tracking or
reporting software, if any, and third-parties engaged to perform anti-money laundering and

IronArc Management LLC                                             Form ADV Part 2A Brochure

know-your-customer compliance and administration, if any), information, appraisal, advisory,
valuation, consulting, custody, environmental evaluation, safekeeping, proxy voting,
management, business, tax and other professional services; (iv) insurance (including directors
and officers liability, fidelity, management liability, cybersecurity, errors and omissions
liability, crime coverage, general partnership liability premiums and other insurance and
regulatory expenses, including any costs and expenses relating to any retention or deductibles
and broker fees, costs and commissions) and any consultants or other advisors utilized in the
procurement, review and analysis of insurance policies; (v) filing, title, transfer, registration
and other similar fees and expenses; (vi) the preparation, distribution or filing of Fund-related
or investment-related financial statements or other reports, tax returns, tax estimates,
Schedule K 1s (or equivalent), other communications with Partners or any other
administrative, compliance or Fund-related or investment-related regulatory filings, reports,
documents, forms, schedules and information; (vii) developing, licensing, implementing,
maintaining or upgrading any web portal, extranet tools, computer software or other
administrative or reporting tools (including subscription-based services, software and
extranet tools) for the benefit of the Fund or the Limited Partners and fees and costs of any
third-party service providers, software and professionals; (viii) indemnification; (ix) actual,
threatened or otherwise anticipated litigation, mediation, arbitration or other dispute
resolution process, including the costs and expenses of discovery related thereto and any
judgment, other award or settlement entered into in connection therewith; (x) the
termination, liquidation, winding up or dissolution of the Fund and any legal entities owned
directly or indirectly by the Fund; (xi) amendments to, and waivers, consents or approvals
pursuant to, the constituent documents of the Fund, the General Partner and the
Management Company, including the preparation, distribution and implementation thereof;
(xii) (A) complying with any law, regulation or policy related to the activities of the Fund
(including any legal fees and expenses related thereto and any regulatory expenses of the
General Partner or any administrator related thereto incurred in connection with the
operation of the Fund, any costs or expenses related to compliance with any Data Protection
Law and any “Know Your Customer,” anti-money laundering (including any validation of any
payments made in connection with any voluntary or compulsory review), sanctions or anti-
terrorism laws, rules, regulations, directives or special measures, and any costs and expenses
related to compliance with any environmental, social and governance investor considerations
and policies of the General Partner and the Fund) and/or (B) any litigation or governmental
inquiry, investigation or proceeding involving the Fund, including any costs and expenses of
discovery related thereto and the amount of any judgments, settlements or fines paid in
connection therewith, except to the extent such expenses or amounts have been determined
to be excluded from the indemnification provided for in this Agreement; (xiii) unreimbursed
costs and expenses incurred in connection with any Transfer or proposed Transfer as laid out
...

Item 7: Types of Clients

Our clients are the Funds, as described in Item 4 above, and the Funds are generally open to,
among others, institutions, pension plans, endowments, high net-worth individuals,
financially sophisticated individuals, and other sophisticated investors.

Certain Clients require minimum commitments from investors as outlined in the relevant
Client’s Governing Documents; however, IronArc maintains discretion to waive such
minimums.

IronArc Management LLC                                               Form ADV Part 2A Brochure