One Fin Capital Management LP

Item 5.        Fees and Compensation

One Fin Capital is an SEC-registered adviser and each Fund and each U.S. investor in those Funds
is a qualified purchaser, as defined in section 2(a)(51)(A) of the Investment Company Act of 1940,
as amended. Therefore, the Firm’s fee schedule is not included here. The fees and performance-
based allocations to which investors in the Funds are subject are fully detailed in the Funds’
offering materials and governing documents.

Generally, the Funds pay the Firm a management fee that is paid on the first day of each fiscal
quarter, or if contributions are received on a day other than the first day of a fiscal quarter, the
management fee will be pro-rated. The Firm deducts the management fees from each Fund, and
the fees are non-refundable. The management fee may be waived or modified with respect to any
investor, and the Firm has done so for Mr. MacKnight, the Firm’s employees and their families.

One Fin Capital believes that its fees are competitive with fees charged by other investment
advisers for comparable services. Comparable services may be available, however, from other
sources for lower fees.

One Fin Capital’s relationship with each Fund is terminable on expiration of the Fund’s term,
dissolution of the Fund or on One Fin GP’s withdrawal as general partner of the applicable Fund.

Expenses Generally

Each Fund, as more fully disclosed in its offering materials and Item 12 below, is responsible for
its own costs and expenses, including, among other items, research and investment costs and
expenses (such as brokerage commissions, interest on margin accounts and other indebtedness,
expenses related to short sales, and custody, clearing and settlement charges), fees and expenses
of offering and selling interests in the Funds, various professional expenses (such as
administration, audit, tax and legal fees) and certain allocable insurance premiums.

One Fin Capital bears its own operating, general, administrative and overhead costs and expenses,
other than those described above and as otherwise provided in the applicable Fund’s governing
documents or investment management agreements. In addition, certain research and brokerage
services and products that One Fin Capital would otherwise be required to obtain are provided,
and/or paid for, by securities brokerage firms and futures commission merchants that execute the
Funds’ securities trades, as discussed in Item 12 below.

The disclosure in this Item 5, together with the disclosure in Item 12, allow a plan that is subject
to the Employee Retirement Income Security Act of 1974 and that invests in an investment fund
of which One Fin Capital is the investment manager, to use the “alternative reporting option” to
report One Fin Capital’s compensation as “eligible indirect compensation” on the Schedule C of
the plan’s Form 5500 Annual Return/Report of Employee Benefit Plan.

Item 7.        Types of Clients

One Fin Capital provides investment advice only to the Funds. Investors in the Funds are generally
high net worth individuals and institutional investors that qualify as “accredited investors” (as
defined in Rule 501 under the Securities Act of 1933, as amended) and qualified purchasers.
Investors in the Funds are required to invest a minimum of $5,000,000, but One Fin Capital may
waive this minimum.