Pacific Point Advisors LLC

Item 5 – Fees and Compensation

Pacific Point compensation is fully transparent. The following paragraphs detail the fee structure and compensation
methodology for services provided by the Advisor. Each Client engaging the Advisor for services described herein
shall be required to enter into one or more written agreements with the Advisor.

A. Fees for Advisory Services
SMA Advisory Services
Pacific Point typically receives a quarterly asset-based management fee calculated as a percentage of each Client’s
account, payable quarterly in arrears (the “Advisory Fee”). The Advisory Fee is generally calculated at an annual rate
between 0.50% and 1.50%, payable quarterly in arrears, subject to the manner in which such fees are calculated by
Pacific Point or the custodian (and/or any third-party service providers appointed by Pacific Point or custodian,
including AWM if Clients have executed the CSA). The Advisory Fee applicable to each Client is dependent on a
number of factors, including the size, nature, complexity of the Client relationship and the amount of the Client’s
assets under management with Pacific Point. For the avoidance of doubt, for any Client who has executed the CSA,
Pacific Point will not share with AWM any portion of the Advisory Fee. AWM will receive a Platform Fee (as defined
                                                Pacific Point Advisors, LLC
                                    12626 High Bluff Drive, Suite 200, San Diego, CA 92130
                                          Phone: 858-356-6600 * Fax: 858-356-6605
                                                     www.pacificpoint.net

below) pursuant to the terms of the CSA, which is in addition to the Advisory Fee paid to Pacific Point. If the Client
makes additional capital contributions to the account or withdraws assets from the account, the Advisory Fee will be
prorated accordingly for that quarter. Pacific Point will prorate the Advisory Fee for periods less than a full quarter.
Prepaid but unearned Advisory Fees are refunded to the Client on a prorated basis. Pacific Point may, in its sole
discretion, reduce, waive, or calculate differently the Advisory Fee with respect to any Client. All securities held in
accounts managed by Pacific Point will be independently valued by the Custodian. The Advisor will conduct periodic
reviews of the Custodian’s valuation to ensure accurate billing.

Use of Independent Managers- For Clients referred by the Advisor to an Independent Manager, the Client’s fee may
be separately billed or deducted from the Client’s account[s] by the Independent Manager.

Financial Planning Services
Pacific Point charges on an hourly or flat fee basis for its Consulting Services. The total estimated fee, as well as
the ultimate fee charged, is based on the scope and complexity of our engagement with the Client. The fee-paying
arrangements will be determined on a case-by-case basis and will be detailed in a separate Consulting Services
agreement. The maximum hourly fee to be charged will not exceed $1,000/hour. Flat fee arrangements will
generally range between $10,000 and $50,000 depending upon the complexity of the Consulting Services to be
provided. The fees applicable to each Consulting Services Client is dependent on a number of factors including the
amount of the Client’s assets under management with Pacific Point. The flat fee shall be paid to Pacific Point before
it provides such services to the Client. Pacific Point does not require a retainer exceeding $1,200 when services
cannot be rendered within 6 months. The hourly fee charged to each Client will be billed in six (6) minute
increments. Each Client’s accrued hourly fees will be invoiced periodically and payable within thirty (30) days
following receipt of such invoice. Clients will not be permitted to prepay hourly fees. Pacific Point may, in its sole
discretion, reduce, waive or calculated differently the fees with respect to any Consulting Services Client.

Fund Advisory Services
Pacific Point fees are defined within the respective Funds offering documents. Pacific Point receives, upon
distribution to Investors, up to 20% of the profits made by the Funds (the “Carried Interest”). Carried Interest is
calculated as an American deal-by-deal distribution waterfall.

The Carried Interest will only be charged to accounts of those Investors who are “qualified clients” as defined in
Rule 205-3 of the Advisers Act. Generally, “qualified client” is defined as: (1) a natural person or a company that,
immediately after entering into the contract, has at least $1.4 million total assets under management of Pacific
Point; or (2) a natural person who, or a company that, Pacific Point reasonably believes, immediately prior to
entering into the contract, has a net worth (together, in the case of a natural person, with assets held jointly with a
spouse) of more than $2.7 million at the time the contract is entered into, excluding the value of its primary
residence or debt secured by the residence (up to the estimated value of the residence).

Sub-Advisory Services
Pacific Point typically receives an asset-based management fee calculated as a percentage of the Client assets
invested with the TAMP and which are allocated towards Pacific Point’s Sub-Advisory Strategy, as selected by the
applicable Third Party Manager and/or their respective clients (the “Sub- Advisory Fee”). The Sub-Advisory Fee is
generally calculated at a rate between 0.35% and 1.5% per annum, and Pacific Point negotiates the Sub-Advisory
Fee directly with the operator of the TAMP. The Sub-Advisory Fee is based on the account balance with respect to
the particular Sub-Advisory Strategy and subject to the manner in which such fees are calculated by the custodian
and/or the TAMP and the Sub-Advisory Fee is paid to Pacific Point on the same periodic basis as agreed upon
between the applicable Third Party Manager and their respective client. The Sub-Advisory Fee will be directly
...

Item 7 – Types of Clients

SMA Advisory Services
Pacific Point provides investment advice and portfolio management as described in this Brochure to its Clients.
Pacific Point does not require any minimum initial capital contribution from Clients to open an account or receive
services nor has Pacific Point set any minimum account size for Clients to maintain an account with Pacific Point.

Pacific Point has the following types of Clients:

    •   Individuals, High Net Worth Individuals, Family Offices;
    •   Trusts, Estates or Charitable Organizations;
    •   Corporations, Limited Liability Companies and/or Other Business Types

Prospective Clients must meet eligibility criteria, and may be subject to certain withdrawal requirements and
limitations as provided in each Client’s IAA, which sets forth all of the terms in detail. Generally, similar terms will
apply to Clients, although certain Clients may have terms that differ or are more favorable than those for other
Clients.

Fund Advisory Services
As described in Item 4, Pacific Point provides investment advice and management services to privately offered
pooled investment vehicles, including the Funds.

Pacific Point, as the Managing Member of the Funds, restricts the number of Investors and offers Interests only
through non-public transactions in order to maintain the Funds’ exclusion from “investment company” status under
the Investment Company Act of 1940, as amended (the “Investment Company Act”). Investors are required to be
“accredited investors”, as defined in Regulation D under the Securities Act of 1933, as amended, as well as a
“qualified client”, as defined in Rule 205-3 of the Advisers Act, and satisfy any other eligibility criteria as specified in
the Constituent Documents.

The minimum capital contribution required by an Investor In the Fund’s is defined in the respective offering
documents, subject to the discretion of Pacific Point.

Sub-Advisory Services
Pacific Point provides Sub-Advisory Services as described in this Brochure in connection with TAMPs. Pacific Point
has no authority to determine and does not require any minimum initial capital contribution to open an account or
receive services on the TAMP, nor has Pacific Point set any minimum account size to utilize any TAMP or any Sub-
Advisory Strategies.

Prospective users of Pacific Point’s Sub-Advisory Strategies on applicable TAMPs must meet eligibility criteria, and
may be subject to certain withdrawal requirements and limitations which shall (if any) be provided in each user’s
individual investment advisory agreement with their investment advisor.

Strategy Signal Services
As described in Item 4, Pacific Point offers a Strategy Signal Service, whereby it enters into an agreement with
unaffiliated third parties including Other RIAs. Pacific Point does not require any minimum AUA for third parties or
Other RIAs to receive such Strategy Signal Services.

                                                 Pacific Point Advisors, LLC
                                     12626 High Bluff Drive, Suite 200, San Diego, CA 92130
                                           Phone: 858-356-6600 * Fax: 858-356-6605
                                                      www.pacificpoint.net