Jordanelle Capital LLC

ITEM 5 – FEES AND COMPENSATION

Jordanelle is compensated for advisory services through asset-based management fees. Jordanelle
receives a quarterly management fee (payable in advance) from each Fund in an amount equal to

1.0% to 2.5% per annum, as outlined in each Fund’s Governing Documents. The management fee
is based on a percentage of capital commitments or funded capital contributions, as applicable.
There may be certain Funds in which Jordanelle does not charge management fees, as outlined in
the applicable Fund’s Governing Documents. As described below in Item 6, Jordanelle also will
receive performance-based compensation.

In addition to the above fees, Jordanelle may receive fees from Portfolio Companies, including
directors’ fees as a result of employees and related persons of Jordanelle sitting on the boards of
the Portfolio Companies, as well as management fees, advisory fees, consulting fees, monitoring
fees, brokers’ and finders’ fees, transaction fees, investment banking fees and net breakup fees. In
general, these fees, net of the cost associated with generating such fee, are either retained by
Jordanelle, returned to the respective Fund or offset against management fees, in accordance with
each Fund’s Governing Documents.

Jordanelle may elect to waive or reduce the management fees for certain investors (including
employees, affiliates of Jordanelle, strategic partners and unaffiliated limited partners, each an
“Investor” and collectively “Investors”).

As permitted under the applicable Fund Governing Documents, Jordanelle may waive a portion of
the management fee. Any such waived portion of the management fee reduces the amount of
capital Jordanelle (or its affiliates) would otherwise be required to contribute to the respective
Fund. Upon a waiver, the Investors in a Fund are then required to make a pro rata contribution
according to their respective commitments to fund any such waived management fee that
Jordanelle elects to treat as a contribution.

Jordanelle generally deducts fees and other compensation it is entitled to receive from each of the
Funds on a quarterly basis in advance. The Funds do not have the ability to choose to be billed
directly for fees incurred.

In addition to the fees and other compensation payable to Jordanelle and its affiliates as noted
above, the Funds generally will pay the following expenses (to the extent not reimbursed by a
Portfolio Company):

   •   Organizational expenses (in whole or in part);
   •   Legal, auditing, consulting and accounting expenses;
   •   Expenses associated with the Funds’ financial statements, tax returns and K-1s;
   •   Expenses of Investor reporting including meetings and document delivery;
   •   Insurance and indemnity expenses;
   •   Other expenses associated with the acquisition, holding and disposition of investments,
       including brokerage and other transaction costs (see Item 12 below);
   •   Third-party expenses in connection with transactions contemplated but not consummated
       by the Funds;
   •   Extraordinary expenses (such as litigation, if any);
   •   Expenses related to the development, investigation and monitoring of investments;
   •   Expenses of any custodians, lenders, investment banks and other financing sources;
   •   Taxes, fees or other governmental charges levied against the respective Fund; and

   •   Any and all expenses incurred in connection with the dissolution, winding up or
       termination of the Funds.

As permitted under the applicable Fund Governing Documents, Jordanelle may elect to allocate
compensation for in-house legal, accounting and tax professionals employed by the General
Partner to the extent they provide services to the Funds that otherwise would have been provided
by third-party attorneys, accountants or tax advisors, as determined by the General Partner
reasonably and in good faith, provided the General Partner determines in good faith that such
allocable compensation is at rates that the General Partner believes, in its sole discretion, to be
within the range of general fair market rates from non-affiliate third parties providing similar
services. A potential conflict exists because the General Partner has sole discretion to determine
the fees and other terms for these services, and there is not an independent third party involved to
evaluate the fairness of the arrangements. As a result, although fees would be at rates that the
General Partner believes, in its sole discretion, to be within the range of general fair market rates
from non-affiliate third parties providing similar services, such fees nevertheless could be greater
than those that would be charged by outside parties providing similar services. Please refer to the
applicable Fund Governing Documents for more information.

Jordanelle will pay for all of its own normal day-to-day operating expenses, such as compensation
of its professional staff, and the cost of office space, office equipment, communications, utilities
and other such normal overhead expenses.

From time to time, a Fund, Jordanelle and/or its affiliates (each a “Jordanelle Entity”) may share
certain fees and expenses, and from time to time one Jordanelle Entity may bear a portion of the
fees and expenses allocable to another Jordanelle Entity until such time as it is reimbursed by the
other Jordanelle Entity.

As detailed above, the management fees are generally charged quarterly in advance.

It is critical that Investors refer to the relevant Fund Governing Documents for a complete
understanding of the Funds’ fees and expenses. The information contained herein is a summary
only and is qualified in its entirety by such documents.

ITEM 7 – TYPES OF CLIENTS

As described in Item 4, Jordanelle provides discretionary and non-discretionary investment
advisory services to the Funds, which are pooled investment vehicles operating as private
investment funds. The Funds include investment partnerships and/or other investment entities
formed under domestic or foreign laws and operated as exempt investment pools under the
Investment Company Act of 1940, as amended (the “Investment Company Act”). Investors in
the Funds are required to be “accredited investors” within the meaning of Rule 501(a) under the
Securities Act of 1933, as amended (the “Securities Act”), and/or “qualified purchasers” within
the meaning of Section 2(a)(51) under the Investment Company Act.