Jaguar Growth Asset Management LLC

Item 5 – Fees and Compensation

All Investors and prospective Investors should review the Fund Documents of each Fund in
conjunction with this Brochure for more complete information on the fees and compensation and
expenses related to a particular Fund. The below descriptions of fees and expenses are subject in
their entirety to the information provided in such Fund Documents. Funds and Investors may be
subject to different Management Fees and performance-based compensation arrangements.

Management Fees

An annual management fee is payable on a quarterly basis in advance by the Funds to the Manager
(the “Management Fee”). Generally, the Management Fees for JREP L.P. and JREP II L.P. are
equal to 2.0% per annum of capital commitments of each Investor during the Fund’s investment
period, and 2.0% per annum of each Investor’s invested capital after the Fund’s investment period.
The Management Fee for JREP Logistics and Bresco Acquisition, each a co-investment vehicle,
and for future co-investment opportunities, is orwill be generally equal to 1.0% per annum of capital
commitments of each Investor during the Fund’s investment period, and 1.0% per annum of each
Investor’s invested capital after the Fund’sinvestment period.

In the event the Fund Documents are terminated, Management Fees would be pro-rated for the
partial period and any unearned fees promptly refunded.

Management Fees may be waived or reduced at the sole discretion of Jaguar and its affiliates.

Please refer to Item 6, below, for details on performance fees.

Other Expenses

In addition to the Management Fee and Carried Interest (as defined in Item 6, below), if any, the
Funds will bear, to the extent not reimbursed by a portfolio company, all costs and operating
expenses of the Funds, including, without limitation: (i) out-of-pocket expenses incurred in
connection with identifying, evaluating, structuring, negotiating and closing any potential
investment (whether or not consummated); (ii) initial and ongoing professional fees and expenses,
including, without limitation, legal, auditing, consulting (including deal specific advisers),
financing, (including any portfolio debt and the repayment of such financings and the costs related
to establishing and maintaining any credit facility), refinancing, Fund administration, regulatory
and compliance fees and expenses (which include regulatory and legal filings), appraisal and
valuation fees and expenses, and accounting fees and expenses (including fees and expenses
associated with the preparation and dissemination of financial statements and communications to
Investors (including the establishment and maintenance of an online communication portal through
which to transmit documents to the Investors), tax returns and Schedule K-1s); (iii) banking and
custodial fees; (iv) expenses associated with the Funds’ financial statements, tax returns and
Schedule K-1s and providing reports to the Investors and maintaining a website portal for the
purpose of providing communications to the Investors; (v) expenses of the Advisory Board (as
defined in Item 11 below) and annual meetings of the Funds’ Investors; (vi) certain insurance (not
including liability insurance to protect the General Partners, the Manger, and their respective
members, managers, officers, employees, and affiliates); (vii) other expenses associated with the
acquisition, holding and disposition of investments, including extraordinary expenses (including,
without limitation, litigation, if any), industry research (including any market research and
subscription services), consultant and advisor fees (including consultants engaged in due diligence
such as legal, accounting, tax, insurance, environmental and regulatory matters, industry experts
such as current and former industry executives, background investigations, and public relations),
certain mail, delivery and reproduction charges, certain telecommunication charges, travel
(including meals, lodging and transportation directly related to communications and meetings with

Limited Partners, research-related travel, and travel associated with deal evaluation,
communications and meetings with Partners, research-related travel, and travel associated with the
ongoing portfolio management of investments), research (including any market research and
subscription services); (viii) expenses related to organizing alternative investment vehicles through
or in which investments are made; (ix) any taxes, fees or other governmental charges levied against
the Funds (provided that any taxes that may be imposed on the Funds as a result of the tax status of
any Investor shall not be considered an appropriate expense of the Funds and shall be borne solely
by such Investor); (x) costs of winding up, liquidating and dissolving the Funds; and (xi) annual
registration fees and registered office fees and expenses.

The Funds reimburse their respective General Partners, up to a prescribed maximum amount, for
the respective Fund’s organizational and startup expenses, including legal, travel, accounting,
filing, capital raising and other organizational expenses of the Funds. The General Partners and
Jaguar bear the cost (through an offset against the Management Fee or otherwise) of all
organizational expenses in excess of such predetermined amount, if any, and of any placement fees
payable to any placement agent in connection with the formation of the Funds.

The General Partners, the Manager, or their respective affiliates may receive, monitoring fees,
directors fees, break-up fees, reimbursement for certain due diligence expenses, advisory fees or
similar fees from any third-party which are related to the activities or operations of the Funds or
any investment vehicle through which the Funds make its investments (each a “Vehicle”). Such
fees would be used as follows: (a) first, to reimburse the General Partners and the Manager for any
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Item 7 – Types of Clients

Jaguar provides portfolio management services to the Funds. The Funds limit respective Investors
to persons who are both “accredited investors” (as defined in the Securities Act of 1933) and
“qualified clients” (as defined in the Advisers Act) and/or “qualified purchasers” (as defined in the
Investment Company Act of 1940). The minimum contributions for Investors in the Funds is
$10 million, but commitments of less than $10 million may be accepted at the discretion of the
General Partners. The Funds are not registered or required to be registered under the Investment
Company Act of 1940, and the securities are not registered or required to be registeredunder the
Securities Act of 1933 and are privately placed to qualified investors in the United States and
elsewhere. Jaguar may in the future provide investment advice to separately managed accountsfor
institutional and other investors.

Jaguar serves as Manager for co-investment vehicles in Fund portfolio companies, as described
in Item 8, below. Opportunities to co-invest in a portfolio company may be made available to select
persons or entities, including, without limitation: strategic investors, lenders, deal sources, other
private equity or venture capital firms, Fund Investors, other persons or entities affiliated,
associated or otherwise known to Jaguar or its personnel, and/or unrelated third parties. Such
instances may arise whenever Jaguar has the opportunity for an investment in an existing or
prospective portfolio company and Jaguar determines that all or a portion of the applicable
opportunity is not required to be offered to, or is not appropriate for, a Fund. Such determinations
are based on the provisions of the applicable Fund Documents and other factors Jaguar may
consider in its sole discretion, including those that are specified in its policies on investment
allocation and co-investments. Please refer to Item 11 for further disclosures related to co-
investments.