Ottawa Avenue Private Capital LLC

Item 5: Fees and Compensation
RDV Clients

With respect to the RDV Clients, the Company has entered into an “all-inclusive” advisory fee
arrangement, under which the Company receives a fee from each of the RDV Clients based on i) a
percentage of the assets under management the Company has with such RDV Client, and ii) a
percentage of any realized gains achieved on certain investments the Company manages for such
RDV Client ("performance fee”). The percentage fee rate and performance fee may be reset by the
Company and the RDV Clients from time-to-time by mutual agreement. With the exception of
management fees, the RDV Clients participate based on their pro rata share in all costs and expenses
incurred in connection with each Fund or RLP Fund through which they invest, as described below.
Fees are billed quarterly in arrears. In addition, at the end of each fiscal year, the RDV Clients may
pay the Company an additional fee based on the overall performance of the RDV Clients’ portfolios.
This performance-based fee includes a formulaic component and its payment is made at the RDV
Clients’ discretion.

The Funds and RLP Funds

With respect to the Funds and RLP Funds, the Company typically receives an asset-based

management fee borne by the third-party investors in the Funds and RLP Funds that is payable
quarterly in advance, as further described in each of the Fund’s and RLP Fund’s Governing
Documents. To the extent the Company’s advisory agreement with a Fund or RLP Fund is terminated,
management fees will be charged on a pro rata basis through to the date of termination, and any fees
paid in advance but not earned will be refunded. The general partner of the Fund or RLP Fund will
generally make capital calls on the Fund’s or RLP Fund’s investors for the amount of the Company’s
management fees and pay the amounts received to the Company.

The management fees and carried interest are generally subject to waiver or reduction by the
general partner with respect to some or all of the Fund’s or RLP Fund’s limited partners, or in certain
instances to a Fund or RLP Fund in its entirety, in the general partner’s sole discretion, as further
described in each Fund’s and RLP Fund’s Governing Documents.

As a general rule, each Fund and RLP Fund bears all costs and expenses incurred in connection with
the organization of such Fund or RLP Fund, including legal and accounting fees, printing costs, travel
(not in excess of the cost of business class travel) and out-of-pocket expenses, and all costs and
expenses incurred in connection with the offering of interests in the Fund or RLP Fund (but
excluding any placement fees other than for RidgeLake). In addition, each Fund and RLP Fund is
responsible for all expenses relating to its own operations, which generally include:

   (1)    management fees,

   (2)    fees, costs, and expenses directly related to the discovery, evaluation, purchase, holding,
          development, management, monitoring, refinancing, and disposition of or in respect to
          investments, including, without limitation or duplication, travel (including airfare, but not
          in excess of the cost of business class travel), accommodation, meal, and entertainment
          expenses, syndication fees, bank charges, depository fees, closing and execution costs,
          fees and expenses of consultants, sales commissions, appraisal fees, and taxes,

   (3)    principal, interest, fees, costs, expenses, and other amounts payable relating to any
          financing,

   (4)    fees, costs, and expenses relating to third-party services, including consulting,
          administrative, custodial, legal, environmental evaluation, accounting, investment
          banking, tax compliance, audit, depository, safekeeping, and other professional costs,

   (5)    any insurance or indemnity expenses (including an allocated portion of the cost of
          premiums with respect to any directors and officers or similar insurance for the
          employees of the Company),

   (6)    fees, costs, and expenses relating to the Fund’s or RLP Fund’s administration, including
          preparation of its financial statements and reports to the Fund’s or RLP Fund’s limited
          partners, the preparation of tax returns and Schedule K-1s, and expenses associated with
          the maintenance of books and records of the Fund or RLP Fund,

   (7)    fees, costs, and expenses relating to meetings of the Fund’s or RLP Fund’s partners,

   (8)    fees, costs, and expenses relating to the Fund’s or RLP Fund’s limited partner advisory
          committee, including out-of-pocket expenses of its members,

   (9)    any taxes, fees, or other governmental charges levied against the Fund or RLP Fund (other
          than tax levied against the Fund or RLP Fund on income properly allocable to a partner of
          the Fund or RLP Fund),

   (10) its pro rata share of fees, costs, and expenses relating to unconsummated transactions,
        including, without limitation, the fees, costs, and expenses described in clause (2) above,
        and including amounts that would otherwise have been borne directly or indirectly by
        potential co-investors were such transactions consummated,

   (11) fees, costs, and expenses related to the liquidation of the Fund or RLP Fund,

   (12) fees, costs, and expenses incurred in connection with any restructuring or amendments
        to the constituent documents of the Fund or RLP Fund,

   (13) expenses incurred in connection with the collection of amounts due to the Fund or RLP
        Fund from any person, including amounts relating to defaults by the Fund’s or RLP Fund’s
        limited partners in the payment of capital contributions,

   (14) fees, costs, and expenses (and damages) related to compliance with applicable laws and
        regulations, litigation, government inquiries, investigations, or proceedings, in each case
...

Item 7: Types of Clients
The Company’s clients are the RDV Clients, the Funds, and the RLP Funds. The investors in the Funds
generally include high net worth families, their related family foundations and investment vehicles,
senior executives associated with the family offices of such high net worth families, and, in certain
cases, RDV Clients. The investors in the RLP Funds include DV Investors, affiliates of the RLP Funds’
co-adviser, high net worth families, foundations, and wealth management and insurance companies.