Manispace Capital LP

ITEM 5-FEES AND COMPENSATION

Manispace generally charges management fees, a management draw, and performance-based
“performance fees” to its Clients. The amount of these fees and reimbursements is subject to
negotiation between Manispace and its Clients and is set out in the investment advisory agreement
between the Firm and the applicable Client.

The Firm currently serves as a Sub-Advisor to a single Client. Manispace receives a fixed monthly
management fee and a separately negotiated monthly management draw, paid in advance, in lieu
of a traditional asset-based fee. The compensation structure also included a one-time initial
payment, or (“Launch Fee”), to assist in the Firm’s operational setup.

As Manispace is paid in advance of services, if advisory agreement’s end prior to completion of
paid for services, the Firm will reimburse Clients a prorated portion of any prepaid advisory fees
based on the number of days remaining in the billing period following the effective date of
termination unless the applicable governing documents and advisory agreements specify another
arrangement.

Other Fees and Expenses. Manispace’s Clients will incur other expenses in connection with
Manispace’s advisory services, of which technology and data fees will be a substantial portion.
Brokerage commissions and other transaction charges, fees and expenses incurred in the borrowing
and lending of securities, interest, margin expense and other financing charges charged to the
Account attributable to the acquisition of securities or other assets by the Account and the
acquisition by a Client of financing to fund the Account are debited from Clients’ Prime Brokerage
(“PB”) Accounts. Manispace does not have custody of Client funds or securities. Clients may pay
custodial fees, bank service fees, transfer taxes, withholding taxes, and other fees and expenses
directly related to the purchase, sale or other disposition of Account assets, and other out-of-pocket
charges or expenses paid by any Client on behalf of or for the benefit of the Firm depending on
the applicable agreements and governing documents.

ITEM 7-TYPES OF CLIENTS

Manispace offers investment advisory services to pooled investment vehicles. Client Accounts are
generally limited to qualified purchasers, unless such a requirement is waived by Manispace in its
sole discretion.