Map Funds Management LLC

Item 5: Fees and Compensation

MFM delivers this brochure solely to Qualified Purchasers, as defined in Section 2(a)(51)(A) of the
Investment Company Act of 1940. Accordingly, certain disclosures otherwise required by Item 5
are not applicable.

MFM receives compensation for its investment advisory services by charging fees based on a
percentage of assets under management for its private funds and commingled vehicles. Such fees
generally include a fixed management fee of 2% per annum, calculated and collected monthly in
arrears, and an incentive fee of 20% of net profits, subject to a high-water mark, as described in the
applicable governing documents.

Fees may be negotiable for certain client types, early investors in particular strategies, and for
accounts or distribution channels where client servicing and portfolio administration requirements
are reduced. MFM reserves the right to negotiate fees in these circumstances.

From time to time, discounted fee arrangements, which are not generally available to advisory
clients, may be offered to employees, family members, and friends of associated persons of MFM.

Item 7: Types of Clients

Description

MFM provides investment advisory services to private investment funds and fund-of-funds
vehicles. Investors in such funds generally include institutional investors, family offices, and
other high-net-worth investors that meet the definition of Qualified Purchasers, as defined in
Section 2(a)(51)(A) of the Investment Company Act of 1940.

Minimum investment amounts, if any, are established in the applicable fund offering documents
and may vary by fund or investor.