Oneascent Capital LLC

Item 5:       Fees and Compensation

      A.      Fees Charged:

All investors should review the governing documents of the respective product in which they are considering
an investment for more complete information about the fees and compensation payable with respect to
such investment.

The Flagship Fund

The Flagship Fund has two types of fees: a management fee and a performance-based fee.

Management Fee: Flagship Fund investors pay a Management Fee of 1.0% of the committed capital
related to investments in other investment funds (“Other Investment Entities”), and an additional 1.0% on
committed capital related to investments in private deals without an intermediary fund (“Direct
Investments”).

Performance Based Fee: After a 7.0% preferred return on the total amount invested by an investor, each
investor pays a 10% performance-based fee related to investments in Other Investment Entities and a 20%
performance-based fee related to investments in Direct Investments.

More information about the calculation of Flagship Fund fees can be found in the Flagship Fund’s
governing documents.

Interval Fund

Management Fee: Interval Fund investors pay a Management Fee of 1.50% of assets under management
within the Interval Fund. This fee is calculated by the Interval Fund’s administrator.

Evergreen

Evergreen has two types of fees: a management fee and a performance-based fee.

Management Fee: Evergreen investors pay a Management Fee of 1% annually of the fair market value of
its investments.

Performance Based Fee: Each investor will pay a 10% performance based fee on the appreciation of their
capital account during the year. This is only applicable to the extent that the net capital appreciation in the
investor’s capital account for the year exceeds any net capital depreciation in the capital account
accumulated in prior years.

More information about the calculation of Evergreen’s fees can be found in Evergreen’s governing
documents.

B.      Fee Payment

The specific manner in which fees are charged by OAC is set forth in each product’s governing
documents. OAC will directly debit fees from the Flagship Fund’s and its ancillary entities’ accounts on
a quarterly basis. The Interval Fund’s administrator will calculate and debit the fees for the Interval Fund
and remit them to OAC. Evergreen’s administrator will calculate and debit the fees for Evergreen and
remit them to OAC.

      C.       Other Expenses

      There are various expenses associated with investing in a Fund. In both cases, the investment entity (a
      Flagship Fund, the Interval Fund or Evergreen) will bear the costs of the investments, including fees to the
      managers of the Other Investment Entities. They will also bear the cost of administrators, tax preparers,
      and auditors as well as certain legal expenses. For a full list of expenses associated with an investment in
      a OAC managed product, investors should consult the applicable product’s organizational documents.

      Most of the Other Investment Entities will pay management fees and carried interest to a management
      company and/or general partner that is not affiliated with OAC, and all such vehicles will pay expenses
      of such vehicles. The expenses the Other Investment Entities pay to their respective general partners or
      managers will be detailed in their respective governing documents, and will be evaluated as part of OAC’s
      diligence process. Fees paid to OAC for investment advisory services are separate and distinct from the
      fees and expenses charged by the general partners or advisers of the Other Investment Entities.

      D.       Pro-rata Fees

      The Flagship Fund and the Interval Fund are closed end funds. As such, investors do not come in and
      withdraw. Rather, investors are accepted during a specified period of time (known as the “Commitment
      Period”) in the Fund governing documents) and remain investors for the duration of the Fund’s life. The
      Commitment Period for the Flagship Fund has ended.

      Since the Interval Fund is an “interval fund”. As discussed in Item 4, this means that the Interval Fund
      will accept investors at any time, but only redeem investors at designated periods, known as “intervals.”

      Evergreen is an open end fund, meaning there is no fixed end date, and investors may be accepted at any
      time and may redeem at predetermined points after their initial commitment period. Since fees for
      Evergreen are billed quarterly in advance, fees will be pro-rated and refunded to the investor, as needed.

      E. Compensation for the Sale of Securities

      This item is not applicable.

Item 7:       Types of Clients

      OAC provides investment advisory services on a discretionary basis to the Funds mentioned in Item 4 and
      the Interval Fund.

      Investors in a Fund are required to complete and submit a subscription agreement binding them to the
      terms of the applicable entity’s governing documents. In addition, a Fund may enter into an ancillary
      agreement with one or more investors that have the effect of establishing or otherwise benefiting such
      investor in a manner more favorable than the rights and benefits under the applicable entity’s governing
      documents.

      Investors are generally 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. Investors are also required
      to provide certain identification documents for the purpose of confirming their identity. Details concerning
      the applicable investor suitability criteria are set forth in the governing documents and subscription
      materials, which are furnished to each prospective investor.