Marble Arch Investments LP

Item 5. Fees and Compensation
Marble Arch provides investment advisory services to each of the Funds pursuant to separate
investment advisory and/or letter agreements (the “Agreements”). The Agreements for each
Fund, along with specific organizational documents of the Fund, set forth in detail the fee
structure relevant to each such Fund. The terms of the Agreements are generally established at the
time of the formation of the applicable Fund.

Detailed below is a brief summary of certain fees and expenses paid by the Funds. Investors and
prospective investors are advised to review a relevant Fund’s offering materials and other
constituent documents for a more comprehensive discussion of fees and expenses.

Management Fees and Performance Compensation

Marble Arch is entitled to receive management fees (“Management Fees”) at an annual rate equal
to one and one half percent (1.5%) of the value of the Funds, calculated and payable quarterly in
advance as of the beginning of each fiscal quarter (after giving effect to any subscriptions and
redemptions but without the accrual of any Performance Allocation, as defined below).
Subscriptions accepted after the commencement of a fiscal quarter will be subject to a prorated
Management Fee reflecting the time remaining during the quarter. The Management Fee with
respect to any Investor may be fully or partially waived by Marble Arch, in its sole discretion.

In addition, Marble Arch is entitled to an annual performance-based profit allocation (the
“Performance Allocation”) at the end of each year of twenty percent (20%) of the annual profits
attributable to Class A and Class C Investors and seventeen percent (17%) of the annual profits
attributable to Class B and Class D Investors. The Performance Allocation is generally taken at
the Master Fund level and may be waived or reduced by Marble Arch, in its sole discretion. The
Performance Allocation is subject to a “high water mark” limitation.

Other Expenses

The Funds bear the legal, accounting and administration expenses associated with the organization
of the Funds (including, but not limited to, “blue sky” fees and expenses and out-of-pocket
expenses associated with formation of the Funds and the offering, including any printing and other
marketing expenses). Furthermore, the Funds bear all costs and expenses directly related to their
investment program, including brokerage commissions, custody fees, any withholding or transfer
taxes and all expenses incurred in connection with locating, evaluating and implementing
potential investments, including travel and other research related expenses. The Funds will also
bear all out-of-pocket costs of the administration of the Funds, including accounting, audit,
administration and legal expenses, costs of any litigation or investigation involving the Funds’
activities and costs associated with reporting and providing information to Investors and
prospective investors. However, the Firm may, in its sole discretion, choose to absorb any such
expenses incurred on behalf of the Funds.

Item 7. Types of Clients
Marble Arch serves as investment manager to related collective private investment vehicles. The
Funds operate as pooled investment vehicles and are organized in a master-feeder structure, in
which the Feeder Funds invest substantially all of their assets into the Master Fund, although the
Feeder Funds may make Direct Investments for tax, legal, regulatory or other reasons.

Investors in the Funds are generally required to make a minimum commitment of $2,000,000.
Marble Arch may, in its sole discretion, waive or reduce any minimum commitment.

Investors wishing to purchase an interest in the Funds will be required to meet certain suitability
qualifications, such as being an “accredited investor” within the meaning set forth in Rule 501(a)
of Regulation D under the Securities Act. Also, Investors will be required to make certain

representations when investing in a Fund, including, but not limited to that (i) they are acquiring
an interest for their own account, (ii) they received or had access to all information they deem
relevant to evaluate the merits and risks of the prospective investment and (iii) they have the
ability to bear the economic risk of an investment in the Fund. Details concerning applicable
Investor suitability criteria are set forth in the respective Fund’s offering documents and
subscription materials, which are furnished to each Investor.

Offshore Fund shares may not be held by any person who is resident of or who is domiciled in the
Cayman Islands (which shall not include an exempted or ordinary non-resident company
incorporated in the Cayman Islands). Shares of the Offshore Fund may be purchased only by
eligible investors who are sophisticated individual or institutional investors. Each subscriber for
shares of the Offshore Fund must certify that the beneficial owner of such shares will not be a
United States person; provided, however, that subscriptions for shares of the Offshore Fund may
also be accepted from certain qualified U.S. tax-exempt investors. Marble Arch reserves the right
to reject subscriptions for shares/interests in any of the Funds in its absolute discretion.