Longitude Capital Management Co LLC

Item 5 – Fees and Compensation

        A. As compensation for investment advisory services rendered to each Fund, Longitude Capital
           receives an annual advisory fee from such Fund (each, a “Management Fee”). Typically, the
           annual Management Fee for each “core venture” Fund is no more than 2.0% of the aggregate
           capital commitment of such Fund during such Fund’s investment period and then such annual
           Management Fee is subject to reduction as set forth in the governing documents of such “core
           venture” Fund. Typically, the annual Management Fee for an “opportunities” Fund is
           calculated no more than 1% of the Fund’s acquisition cost of portfolio company securities that
           have not been sold or written off as worthless. Each Fund’s Management Fee may be waived
           or reduced by the GP Entity in its sole discretion. Investors and prospective Investors should
           refer to a Fund’s governing documents for a detailed description of the Management Fees
           paid by such Fund to Longitude Capital. The Funds generally invest on a long-term basis. As
           such, Management Fees and other fees are expected to be paid, except as otherwise

 The investment advice provided to the Funds is subject to the overall direction and control of the GP Entities, and
therefore the Firm does not have ultimate investment discretion with respect to the assets of any Fund.

    described in the applicable governing documents, over the term of the relevant Fund, and
    investors are generally not permitted to withdraw or redeem interests in the Funds. The terms
    of any Management Fee charged by future Funds formed by the Firm or its affiliates may differ
    materially from those described above.

B. The Firm and its affiliates are permitted to receive additional compensation in connection
   with management and other services provided to portfolio companies of the Funds including
   directors’ fees, consulting fees, transaction fees, monitoring fees, break-up fees or equivalent
   compensation. Any such additional compensation generally will offset, in whole or in part,
   Management Fees otherwise payable to the Firm. The terms of Management Fee offsets are
   more fully described in the Fund governing documents.

C. The Firm deducts Management Fees directly from each Fund’s assets, quarterly in advance.
   The GP Entity of each Fund is also typically entitled to performance-based compensation,
   which is automatically paid or allocated (out of the assets of a Fund) by each Fund under the
   terms of its governing documents.

D. In addition to the Management Fees and the performance-based compensation, each Fund
   also pays or reimburses the GP Entities and/or the Firm for certain expenses relating to a
   Fund’s formation, investment activities and ongoing operations (to the extent not
   reimbursable by a portfolio company) as well as certain operational expenses of the Firm and
   the GP Entities. Expenses borne by each Fund can vary, but generally include, among others,
   (i) costs and expenses incurred in originating, making and managing investments or potential
   investments, including due diligence expenses, (ii) private placement fees, finder’s fees and
   expenses incurred in connection with the offer, sale and/or syndication of limited partner
   interests in the Funds, (iii) interest on borrowed money, (iv) taxes and all fees, costs and
   expenses incurred in connection with complying with tax withholding and other information
   reporting regimes, including FATCA and similar laws or regulations, (v) brokerage fees or
   commissions, (vi) legal fees, (vii) expenses incurred in connection with claims by or against the
   Funds, (viii) audit, accounting, fund administration and other professional services fees and
   expenses, including those of third-party administrators, and expenses associated with the
   preparation and distribution of annual or other reports, financial statements, tax returns,
   Schedule K-1s and foreign tax forms, (ix) valuation costs, (x) reporting and information
   management and other technology, software and systems (including investor reporting
   portals, data management systems and subscription-based services) used by the Firm in
   connection with the Funds’ operations, (xi) consulting and retainer fees and expenses related
   to investments or proposed investments, including legal costs of preparing any agreements
   related thereto, (xii) travel expenses (including meals, air travel, car services and hotel
   accommodations), (xiii) variable administrative expenses, such as Bloomberg fees, research
   and software expenses and other expenses incurred by the Firm in connection with data
   services providing price feeds, news feeds, securities and company information and company
   fundamental data, all attributable to investments or prospective investments, costs, fees and
   expenses for other third party research, news, industry information, analytics and expert
   networks/research resources, and fees for attendance of industry conferences, the primary
   purpose of which is sourcing investments, (xiv) fees incurred in connection with the
   maintenance of bank or custodian accounts, (xv) all expenses incurred in connection with the
   registration of the Fund’s securities, (xvi) to the extent not paid by a co-investor or another
   person, broken deal expenses or other fees, costs and expenses incurred in connection with

    the termination, cancellation or abandonment of a potential investment that is not
    consummated, (xvii) expenses incurred by the GP Entities in serving as the tax matters partner
    or partnership representative, (xviii) the cost of liability and other premiums for insurance
    protecting the Fund, the GP Entities, their managers and Longitude Capital and its managers
...

Item 7 – Types of Clients

Longitude Capital provides investment advice to the Funds, which are pooled investment vehicles,
generally organized as limited partnerships that are exempt from registration under the
Investment Company Act. Investors in the Funds typically include public pension plans, corporate
pension plans, insurance companies, fund-of-funds, endowments and foundations, sovereign
funds, and other institutional Investors and high net worth individuals.

Longitude Capital sets a target fund size for each Fund, and the GP Entity typically sets a minimum
investment amount for Investors (typically around $5 to 10 million per Investor). A GP Entity has
permitted, in its sole discretion, investments below the minimum amounts set forth in the
governing documents of a Fund.

The Funds’ interests are offered and sold solely to investors who are “accredited investors” (as
defined in Regulation D under the Securities Act of 1933) and “qualified clients” (as defined in
Rule 205-3 of the Investment Advisers Act of 1940).