Mount Elbert Edgecore Platform Manager LLC

Item 5 Fees and Compensation

Mount Elbert and its affiliates that serve as general partners to the Advisory Clients were generally compensated
for advisory services through an asset-based or capital commitment-based management fee (the “Management
Fee”) and affiliates of Mount Elbert may receive performance-based compensation in the form of an incentive
allocation or carried interest (as described below). The Management Fee for all Advised Vehicles was terminated
immediately following the disposition of the Advised REIT by the Advised Vehicles.

Mount Elbert and its affiliates may be eligible to receive a percentage of investment proceeds from a Pooled
Investment Vehicle, generally equal to 20% of profits subject to payment of a preferred return and the return of all
capital contributions (the “Manager Promote” or “Carried Interest”). This Manager Promote may apply to
remaining amounts to be collected during or currently reserved for expenses through the course of the wind-down
of the Advisory Clients.

Affiliates of Mount Elbert, including the Relying Adviser, may provide other entity administration and windup
services for the Advised Vehicles (“Wind-down Services”). Such affiliates will be entitled to receive
compensation for such Wind-down Services pursuant to written agreements between such affiliates and certain of
the Advised Vehicles. Any agreements between an Advised Vehicles and any Mount Elbert affiliates for such
Wind-down Services will be on terms and conditions that are commercially reasonable and substantially similar
to those that would be available in an arm’s length transaction. Mount Elbert will adhere to its fiduciary duties to
its Advised Vehicles when negotiating any agreements with its affiliates. Mount Elbert or such affiliates may also
engage non-affiliate third parties to provide Wind-down Services.

Subject to the particular facts and circumstances around an investor’s investment in an Advisory Client, the
management fees, Manager Promote and other fees (as well as other key terms) may typically be and may have
been waived/modified (in whole or in part) or otherwise further negotiated with investors, in the sole discretion of
Mount Elbert and its affiliates.

We encourage investors in Advisory Clients to review the Governing Documents for each Advisory Client for a
complete understanding of how certain expenses are borne and how fees will be paid. The information contained
herein is a summary only and is qualified in its entirety by such documents, which may be amended from time to
time in accordance with their terms.

The Manager Promote/Carried Interest and other applicable fees will generally be paid directly from the assets of
the relevant Advisory Client.

An Advisory Client will typically be responsible for certain expenses, including, but not limited to, expenses
incurred in connection with the formation of that Advisory Client and admission of its investors, including, without
limitation, legal fees, placement fees, registration fees and filing and recording charges, fund administration, fund
audit, tax fees, and other expenses reasonably incurred by or on behalf of the Advisory Client. With respect to the
remaining Advised Vehicles, the costs and expenses incurred in connection with the wind-down and dissolution of
each such will be borne by the Client pursuant to their Governing Documents.

The Manager Promote/Carried Interest will typically be paid when earned although in certain circumstances a
portion of the Manager Promote/Carried Interest may be paid in advance.

Neither Mount Elbert, nor any of its supervised persons accepts compensation for the sale of securities or other
investment products.

Item 7        Types of Clients

Mount Elbert provides investment advisory services as described in Item 4. Each investor in an Advisory Client is
generally required to be an “accredited investor” under Rule 501 of Regulation D of the Securities Act of 1933,
and, depending on the Advisory Client in question, also a “Qualified Client” under Rule 205-3 of the Investment
Advisers Act of 1940 or a “qualified purchaser” as defined under the Investment Company Act of 1940.

The minimum capital commitment of an Advisory Client’s investor generally is $5,000,000, although lesser
commitments were accepted in the discretion of an Advisory Client.