Olive Technology Ventures Management LLC

ITEM 5:      FEES AND COMPENSATION

All investors should review the Partnership’s governing documents in conjunction with this
brochure for more complete information on the fees and compensation payable to the
Partnership.

For its advisory functions, OTV receives a management fee paid by the Partnership to the
Management Company (“Management Fee”), as described below. Specifically, Olive II as
designee shall be compensated by the Partnership for management or administrative services in
the private funds registered in Delaware. In addition, an affiliate of OTV will receive
performance-based compensation, as discussed in Item 6. Fees may be waived, reduced, or
calculated differently regarding certain types of Limited Partners, including, but not limited to,
OTV’s internal employees or affiliates, at the discretion of the OTV and following the
Partnership’s offering or governing documents.

The Management Fee

The Partnership will typically pay the Management Company a Management Fee calculated at
an annual rate of between 0.5% and 2.5% of the capital commitment of each Limited Partner, a
portion of which OTV will receive for providing investment advisory services to the Partnership.
The Management Fee may be structured so that it is reduced at specific times during the term of
the Partnership. In certain circumstances, the Management Fee is negotiable and outlined in the
Side Letters, but the management fee will never be adjusted for the sole purpose of providing
preferential treatment to a single LP. Please refer to the Partnership’s governing documents for
specific information on the fees charged by OTV.

The Management Fee will be directly debited from the Partnership quarterly. The Management
Company’s services can be terminated by the Partnership at any time with prior written notice
delivered before such termination. Investment advisory services can be terminated by the
General Partner. The Partnership’s governing documents provide further detail and
comprehensive information regarding the timing of Management Fee payments and the
termination of advisory services.

Third-Party Management Fees

Certain unaffiliated funds in which the Partnership invests will charge management fees, carried
interest, and other expenses to a management company and/or general partner that is not
affiliated with OTV. Fees paid to OTV for investment advisory services are separate and distinct
from the fees and expenses charged by the unaffiliated funds’ independent investment adviser
and/or general partner for that entity’s advisory/management services.

Other Expenses

The Partnership will generally pay for all of its out-of-pocket offerings, organizational, and start-
up expenses including, but not limited to, legal, accounting, consulting, and regulatory

compliance expenses. The Partnership will also generally bear its ongoing expenses, including,
but not limited to, (i) the investigating, due diligence, developing, structuring and negotiating,
acquisition, holding, restructuring, recapitalization and disposition of investments or potential
investments; (ii) expenses related to organizing entities through or in which investments will be
made; (iii) all expenses incurred in connection with maintaining a registered office and agent,
taxes or other governmental charges on the Partnership; (iv) legal and regulatory compliance and
consulting fees; (v) auditing, accounting, custodial, administrative, appraisal, and third party
valuation expenses; (vi) travel and entertainment expenses; (vii) costs and expenses associated
with reporting to investors (including any such expenses associated with the preparation of the
Partnership’s financial statements, tax returns, Schedule K-1s, the Form ADV, the Form PF or
any other administrative, regulatory or other Partnership-related reporting or filing, including any
costs and expenses associated with FATCA compliance); (viii) amendments to the Partnership
Agreement; (ix) investor meetings; (x) Partner transfer related expenses; (xi) administrator fees
and brokerage fees; (xii) bank service fees and any fees and expenses associated with
borrowings; (xiii) fees and expense reimbursements to an escrow agent; (xiv) insurance
premiums for the Partnership, the General Partner, the Management Company, Olive and other
persons relevant to the Partnership’s operations and insurance policies, including directors’ and
officers’ insurance, covering any indemnified party; (xv) costs of winding up and liquidating the
Partnership; (xvi) expenses incurred in connection with a Limited Partner that defaults; (xvii)
expenses included in connection with any tax audit, investigation, settlement or review of the
Partnership; (xviii) other expenses associated with the Partnership, including extraordinary
expenses such as litigation, workout and restructuring and indemnification expenses, if any, and
(xix) any expenses for services that the Partnership requires OTV to obtain. (xx) advertising and
public notice costs; (xxi) costs and expenses associated with preparing tax returns, making tax
elections and determinations, and similar activities; (xxii) costs and expenses associated with the
organization and maintenance of holding vehicles or other investment conduits; (xxiii) taxes and
other governmental charges imposed upon the Partnership as an entity (rather than solely as a
withholding agent); (xxiv) any other expenses not listed in the preceding clauses that are not
normal operating expenses of the General Partner.

The Partnership will also pay the fees and expenses of its administrator. Please see Item 12 for a
discussion of OTV’s brokerage practices. The specific manner in which fees are charged by
OTV is established in the written agreement between the Management Company and the
Partnership.

Please refer to the governing documents of the Partnership for more complete information
regarding the fees and expenses of the Partnership.
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ITEM 7:      TYPES OF CLIENTS

As noted in Item 4 – Advisory Business, OTV provides investment advisory services to the
Partnerships, which are pooled investment vehicles that are, in general, exempt from registration
under the Investment Company Act.

The Partnerships are organized as domestic or offshore companies, limited partnerships, limited
liability companies, or other entities. Investors must consider whether the Partnership meets their
investment objectives and risk tolerance before investing in a Partnership. Information about
each Partnership, including its investment risk, can be found in its offering documents and/or
other governing documents. Interests of funds under the 3(c)(1) exemption are offered only to
persons who are “accredited investors” as defined under the Securities Act, and “qualified
clients” as defined in Rule 205-3 under the Advisers Act. Interests of funds under the 3(c)(7)
exemption are offered only to persons who are both “accredit investors” and “qualified
purchasers” as defined under the Investment Company Act.

Minimum investment commitments are established for Limited Partners in the Partnerships. The
General Partner of each Partnership, in its sole discretion, will permit investments that are less
than the required minimum investment commitment outlined in the applicable governing
documents of such Partnership.