Konektis Capital Management LP

Item 5: Fees and Compensation

Management Fee for the Konektis Fund

As an investment adviser to the Konektis Fund, as governed by the Offering Documents, Konektis will
receive a Management Fee generally equal to an annual rate of 1.5% per annum (0.375% per quarter) to
2.0% per annum (0.50% per quarter) depending upon the class of interest of the Konektis Fund.

The Management Fee for the Konektis Fund is deducted on a quarterly basis in advance based upon the
value of each Investor’s capital account as of the first day of each calendar quarter. The Management Fee
will be prorated for any period that is less than a full calendar quarter. Fees are deducted from each Fund’s
custodial or prime brokerage account(s).

Konektis may reduce, waive, or calculate differently the Management Fee for certain Investors in the
Funds, including but not limited to, members, employees, affiliates, or relatives of Konektis, or for certain
strategic and/or large Investors.

SMA Clients

The Management Fee is negotiated separately with each SMA Client and is dependent on numerous
factors. Konektis will receive an annual Management Fee based on a percentage of the account balance
of each SMA Client, payable on a monthly or quarterly basis per the terms of the IMA with the SMA
Client.

Organizational and Offering Expenses of the Konektis Fund

The Konektis Funds will bear all of its Organizational and Offering Expenses on a pro rata basis and will
reimburse Konektis, the General Partner, and/or the Principals, as applicable, to the extent that any of
them bears organizational or offering expenses on behalf of the Konektis Fund. Such organizational and
offering expenses will include, without limitation, all costs and expenses incurred in connection with the
Konektis Fund’s formation and the marketing, offering, and sale of the interests, including, but not limited
to, legal and accounting fees and expenses, registration fees, filing fees, and all costs and expenses incurred
in connection with the preparation of offering and organizational documents, marketing and similar
materials, and drafting and negotiating contracts with service providers in connection with the launch of
the Konektis Fund.

Operating Expenses of the Konektis Fund

Konektis Capital Management LP                                                 Form ADV Part 2A

In general, the Konektis Fund (and, in certain circumstances, the SMAs) will bear all of their operating
expenses on a pro rata basis (collectively, the “Konektis Fund Expenses”), which expenses will include,
without limitation: (a) Organizational and Offering Expenses of the Konektis Fund; (b) expenses associated
with all investments and transactions considered, evaluated, and/or consummated by the Konektis Fund,
as well as overall consideration and evaluation of the Konektis Fund’s portfolio, including, without
limitation, those expenses incurred before the initial closing of the Konektis Fund, including, without
limitation, expenses associated with sourcing, negotiating, investigating, researching, financing, and
structuring of investments and potential investments, whether or not consummated, analysis, third-party
research, data (including, without limitation, market data, risk data, factor data, big data, and alternative
data), analytics, modeling, risk, structuring, pricing, execution, and other third-party information
systems, including, without limitation, installation and maintenance, information technology hardware,
software, or other technology and service fees (including, without limitation, the expenses with respect
to data, data feeds, subscriptions, expert networks, political intelligence providers, and reports); (c) the
costs of research-related computer hardware and software, including, without limitation, Bloomberg
terminals and subscriptions and other market information systems, as well as the costs of research
management systems and corporate access tracking systems; (d) the costs of Konektis’ portfolio
management system and any other software used for accounting and/or monitoring of the portfolio,
including, without limitation, subscriptions relating to, among other things, trading and order management
systems and services; (e) expenses associated with holding, financing, monitoring, hedging, maintaining,
and disposing of all investments of the Konektis Fund and all transaction and other costs associated
therewith, including, without limitation, expenses associated with proxy research and voting services; (f)
travel and entertainment and related expenses for research and investment purposes; (g) professional
fees associated with investments and potential investments, including, without limitation, consulting, due
diligence, accounting, valuation, financial, legal, and other advisory fees and expenses; (h) transaction fees,
brokerage commissions, custodial fees, clearing and settlement charges, bank service fees, and similar fees
and expenses associated with the acquisition, disposition, and settling of investments and potential
investments, including, without limitation, in connection with outsourced trading; (i) expenses associated
with legal and regulatory filings of the Konektis Fund in the United States, the Cayman Islands, or in any
other jurisdiction (including, without limitation, pursuant to Sections 13 and 16 of the Securities Exchange
Act of 1934, as amended (the “Exchange Act”), as well as the expenses associated with preparation and
filing of Konektis’ Form 13F, Form 13H and Form PF, if applicable, and any other similar filing in any other
U.S. or non-U.S. jurisdiction; (j) administrative, custodial, appraisal, valuation, legal, regulatory, compliance,
consulting, advisory, and similar fees and expenses associated with the Konektis Fund’s operations,
investments, and transactions, including, without limitation, fees and expenses of the fund administrator,
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Item 7: Types of Clients

Konektis’ clients are the Funds.

The initial subscription minimum for the Konektis Fund is generally $100,000, as disclosed in the Offering
Documents for the Konektis Fund.

The Offering Documents provide the eligibility criteria and minimum investment requirements to be an
Investor in the Konektis Fund.

Each prospective Investor will be required to represent, among other things, that it is: (i) an “accredited
investor”, as such term is defined in Rule 501 of Regulation D under the Securities Act of 1933 (the
“Securities Act”), as amended; and (ii) a “qualified client”, as defined in the Investment Advisers Act of
1940 (the “Advisers Act”).

Konektis will negotiate with each SMA Client on a minimum assets under management level.