OM Advisers LP

ITEM 5: FEES AND COMPENSATION

 A.     Advisory Services and Fees

OM Advisers earns its fees and compensation by providing advice and investment management
services to its Funds. The Firm will be paid a management fee, payable in advance of each quarterly
period, as compensation for the services to be performed by OM Advisers (the “Management
Fee”). The Management Fee will be calculated by the Firm and charged to the Funds on a Capital
Account-by Capital Account basis.

OM Advisers may reduce, waive, assign, grant participation in or otherwise share or modify the
Management Fee payable with respect to any Partner (including the General Partner and any of the
affiliates of the General Partner or the Investment Manager), without notice to or consent from any
Limited Partner. It is anticipated that no Management Fee will be paid with respect to Interests held
by the Principal or by employees of the Investment Manager or its affiliates.

 B.     Payment of Fees

 Each Fund Investor presently qualifies as a “qualified purchaser” as defined in the Investment
 Company Act of 1940, as amended (the “Investment Company Act”).

 Pursuant to the terms of the Funds’ investment advisory agreement, if the investment advisory
 relationship is terminated (or funds are withdrawn) as of any date other than the last business day
 of the applicable payment period, OM Advisers typically charges a prorated management fee
 and/or other specified fees based on the ratio that the number of days for which investment
 advisory services were rendered bears to the total number of days in that payment period, and OM
 Advisers returns any unearned fees to the Fund.

 The Firm generally charges for expense reserves directly from the relevant capital accounts of the
 Fund.

 C.     Other Fees and Expenses

As discussed above in response to Item 5.A., the Management Fee is payable quarterly in advance.
As investors in the Funds may only withdraw all or any portion of their investment as of the last day
of any calendar quarter provided the appropriate written notice is produced, OM Advisers does not
anticipate an instance in which a refund of a management fee would be necessary.

The Funds will bear their own expenses, including expenses directly related to transactions and
positions for the Funds, including but not limited to: a) organizational and offering expenses; (b)
fees and expenses charged by the Third-Party Advisers and/or the Investment Funds to the Funds as
an investor in the Investment Funds (which include, but are not limited to, brokerage expenses,
administrative, accounting, legal, audit, and other operating expenses incurred by the Third-Party
Advisers and/or the Investment Funds; other operating expenses; and a percentage of assets under
management, a percentage of profits, a fixed fee, or a combination thereof); (c) expenses associated

with all investments and transactions considered, evaluated and/or consummated by the Funds,
including, without limitation, those expenses incurred before the initial closing of the Funds,
including, without limitation, expenses associated with sourcing, negotiating, investigating,
researching, financing and structuring of investments and potential investments, whether or not
consummated, including, without limitation, third-party research, data, analytics, modeling,
structuring, pricing, execution and other third-party information systems, including, without
limitation, installation and maintenance, software and service fees (including, without limitation, the
expenses with respect to data feeds, subscriptions, expert networks, political intelligence providers
and reports), information technology costs for the benefit of the Funds, including, but not limited to,
account and decisions support technology; (d) research-related computer hardware and software
expenses, including, without limitation, Bloomberg terminals and subscriptions; (e) the Funds pro
rata share of the Investment Manager’s portfolio management system and any other software used
for accounting and/or monitoring of the portfolio, including, without limitation, subscriptions relating
to, among other things, trading and order management systems and services; (f) expenses associated
with holding, financing, monitoring, hedging, maintaining and disposing of all investments of the
Funds and all transaction and other costs associated therewith; (g) travel and related expenses
associated with investments and potential investments; (h) professional fees associated with
investments and potential investments, including, without limitation, consulting, due diligence,
accounting, valuation, financial, legal and other advisory fees and expenses; (i) transaction fees,
brokerage commissions, custodial fees, middle office servicing fees, clearing and settlement charges
and similar fees and expenses associated with the acquisition, disposition and settling of investments
and potential investments; (j) expenses associated with legal and regulatory filings of the Funds in
the United States or in any other jurisdiction (including, without limitation, pursuant to Sections 13
and 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), as well as the
Funds pro rata portion of the expenses associated with preparation and filing of the Investment
Manager’s Form 13F, Form 13H and Form PF, if applicable, and any other similar filing in any other
U.S. or non-U.S. jurisdiction; (k) administrative, custodial, appraisal, valuation, legal, regulatory,
compliance, consulting, advisory and similar fees and expenses associated with the Funds operations,
investments and transactions, including, without limitation, fees and expenses of the Administrator
(defined below); (l) expenses incurred in connection with responding to requests or inquiries from
any U.S. federal, state, local or non-U.S. governmental entity or authority, regulatory body or self-
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ITEM 7: TYPES OF CLIENTS

Currently, OM Advisers provides investment advisory services solely with respect to the Funds as
described in Item 4. Investors in the Funds are “qualified clients” under Rule 205-3 of the Investment
Advisers Act of 1940, as amended (the “Advisers Act”) and “qualified purchasers” as defined in
section 2(a)(51)(A) of the Investment Company Act of 1940, as amended.

Minimum investment amounts in the Funds and criteria for Fund investors are set forth in the
offering documents of the Funds. Investors must generally make minimum initial investments of
$1,000,000 and any additional investments must also be made according to established minimums,
generally $250,000. Each investor must be an “accredited investor,” as defined in Rule 501(a) of
Regulation D, promulgated pursuant to Section 4(2) of the Securities Act of 1933, as amended, and
a “qualified purchaser,” as defined in Section 2(a)(51)(A) of the Investment Company Act of 1940,
as amended.

We may, in our sole discretion, waive any of the minimum investment amount requirements.