Legacy Partners LLC

Item 5: Fees and Compensation

A. Fee Schedule

Private Equity Fees
The Funds may pay Legacy or its affiliates a management fee (typically ranging from 1%-
2.0%) and carried interest (a type of performance-based fee). The management fees are
typically paid directly from the Funds in accordance with the operating or partnership
agreements and investment advisory agreements between Legacy and the general
partners of the Funds.

B. Payment of Fees

Payment of Management Fees

Management fees are typically paid quarterly in advance by the Funds to Legacy, in
accordance with the Funds’ documents.

                                                                  Form ADV 2A Version: 1/29/2026

       C. Clients Are Responsible For Third Party Fees

       In addition, the Funds’ investors may pay other expenses, including legal fees, audit fees,
       tax preparation fees, fees due to the Funds’ outside administrator, marketing and other
       operating expenses. The Funds’ expenses are separate and distinct from the management
       fees charged by Legacy. Legacy believes that its fees are competitive with the fees charged
       by other investment advisors for comparable services. However, lower fees for
       comparable services may be available from other sources. Please see Item 12 of this
       brochure regarding brokerage practices.

       E. Outside Compensation For the Sale of Securities to Clients

       Neither Legacy nor its supervised persons accept any compensation for the sale of
       securities or other investment products, including asset-based sales charges or services
       fees from the sale of mutual funds.

Item 7: Types of Clients

Legacy primarily provides investment advisory services to the Funds, which are unregistered
pooled investment vehicles.

Minimum Account Size

The minimum sizes of investments in the Funds are set forth in the Funds’ respective offering
documents.

                                                                           Form ADV 2A Version: 1/29/2026