Lattice Capital Management LLC

Item 5 - Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services Lattice
provides to the Lattice Funds.

A.    Fees for Advisory Services

The typical management fee is described below and is in addition to the special profit allocation fee paid to
Lattice, and the performance fee paid to the Funds’ portfolio manager. The special profit allocation fee is
subject to a “high water mark” and is only charged to accounts of those investors who are “qualified clients,”
as defined by Rule 205-3 of the Investment Advisers Act of 1940, as amended. The special profit allocation
and performance-based fees are described in more detail in Item 6 below.

Dynamic Absolute Return Funds

The DARF’s management fee is 1.50% per year payable quarterly in advance based on the net asset value
of each limited partner’s capital account on the first day of the fiscal quarter. In addition, the DARF charges a
10% special profit allocation fee as well as a 10% performance fee payable to the DARF’s portfolio manager.

Dynamic Opportunity Fund, L.P.

DOF’s management fee is 1.50% per year payable quarterly in advance based on the net asset value of each
limited partner’s capital account on the first day of the fiscal quarter. In addition, the DOF charges a 10%
special profit allocation fee, subject to a high-water mark as described in Item 6 below.

The Funds’ management fees, special profit allocation fee, and performance fee, where applicable, are
subject to waiver or reduction with respect to some or all the Funds’ investors in Lattice’s sole discretion, as
described in each Fund’s Offering Documents.

Dynamic Opportunity Master Fund, L.P.

DOMF’s management fee is 1.50% per year payable quarterly in advance based on the net asset value of each
limited partner’s capital account on the first day of the fiscal quarter. In addition, the DOMF charges a 10% special
profit allocation fee, subject to a high-water mark as described in Item 6 below.

The Funds’ management fees, special profit allocation fee, and performance fee, where applicable, are
subject to waiver or reduction with respect to some or all the Funds’ investors in Lattice’s sole discretion, as
described in each Fund’s Offering Documents.

B.    Fee Billing

The Funds’ third-party administrator calculates the investment management fee, and the fee is deducted from
the limited partner’s capital account. Lattice sends an invoice to the Funds’ custodian indicating the amount
of the fees to be deducted at the beginning of each calendar quarter. Please see Item 12 – Brokerage Practices
for more information regarding custody and brokerage practices.

The 10% special profit allocation fee payable to Lattice and the 10% performance fee payable to the portfolio
manager are calculated at the end of each quarter for the special profit allocation fee and performance fee
payable to the portfolio manager and deducted from a limited partner’s capital account by the Funds’
custodian. Lattice receives the special profit allocation only to the extent that there are cumulative gains since
the last calculation for each limited partners’ capital account at the end of each quarter.

Please see Item 6 - Performance-Based Fees and Side-By-Side Management for more information regarding
Performance Fees.

C.       Other Fees and Expenses

The Funds bear all costs of organization and operation, including costs of its investment program (such as
brokerage, banking and custody charges, interest, taxes, telecommunications, and postage), professional fees
of its auditors and attorneys for the General Partner as well as E&O insurance costs. The Funds also pay the
fees and expenses charged by the Administrator for its accounting, bookkeeping and administrative services.
The amount and nature of these expenses is based on the service provider’s fee schedule(s) at the provider’s
sole discretion. These expenses are separate and distinct from any fees charged by Lattice.

When Lattice invests the Funds in ETFs, or similar such vehicles, there are fees and expenses associated
with such investments which are built into their net asset value. These fees and expenses are described in the
vehicles’ prospectus, or similar such document and they are separate and distinct from the Lattice Funds’ fees
and expenses.

D.       Compensation for Sales of Securities

Lattice does not buy or sell securities and does not receive any compensation for securities transactions in
any Client account, other than the investment advisory fees noted above.

Item 6 - Performance Fees

As General Partner, Lattice is entitled to a special profit allocation Fee as described below. The Dynamic
Absolute Return Funds also pay a 10% performance fee to the DARF’s portfolio manager. Dynamic
Opportunity Fund and Dynamic Opportunity Master Fund do not pay a performance fee to the Fund’s
portfolio manager. The Performance Fees are calculated based on the net gains as described below.

Dynamic Opportunity Master Fund, L.P.

     •   The General Partner receives a Special Profit Allocation with respect to each Limited Partner of 10%

              o   of the amount by which the Profits (including realized and unrealized gains and losses) of the
                  Partnership otherwise allocable to that Limited Partner in the applicable measurement period
                  exceed that Limited Partner’s Unrecouped Losses. “Unrecouped Losses” of a Limited Partner
                  are all Losses allocated to that Limited Partner in a Fiscal Year reduced (but not below zero)
                  by all Profits subsequently allocated to that Limited Partner in that Fiscal Year or in any
                  subsequent Fiscal Year. This is what is sometimes referred to as a “high water mark.”

              o   The Special Profit Allocation is made with respect to each Limited Partner at the end of each
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Item 7 - Types of Clients

Lattice provides investment advisory services to pooled investment vehicles operated as exempt investment pools
under the Investment Company Act of 1940, as amended and whose interests are not registered under the federal
Securities Act of 1933, as amended (the “Securities Act”).

As noted above, each investor in the Funds generally must be an “accredited investor” (as defined in
Regulation D under the Securities Act) and a “qualified client” (as provided in Rule 205- 3(a) under the
Investment Adviser’s Act of 1940, as amended). Generally, an individual is an accredited investor if he or
she (i) has a net worth in excess of $1,000,000 excluding the value of the individual’s primary residence and
any indebtedness secured by such residence up to its fair market value (indebtedness secured by such
residence in excess of the fair market value of such residence, and any increase in the amount of such
indebtedness within 60 days before the Interest is purchased, other than an increase as a result of the
acquisition of the residence, shall be included as a liability) or (ii) had an individual income in excess of
$200,000 (or joint income with his or her spouse in excess of $300,000) in each of the preceding two years
and has a reasonable expectation of reaching the same level of income in the current year. Generally,
qualified clients are persons that have either at least $1,000,000 under management of the Adviser or have
a net worth at the time of investing in excess of $2,100,000. Each investor must also make representations
concerning its sophistication as an investor and its ability to bear the risk of loss of its entire investment.

The minimum initial investment is $1,000,000, although Lattice may waive this minimum in its discretion.