Platinum Equity Advisors LLC

Item 5 - Fees and Compensation

The compensation we are eligible to receive comprises a management fee (“Management Fee”) based on a
percentage of assets under management; performance-based incentive allocations (“Carried Interest”); and
other fees detailed below.

Management Fees

As compensation for investment advisory services rendered to the Investment Funds, Advisors is eligible
to receive a Management Fee from each such Investment Fund. With respect to the Platinum Buyout Funds,
the Management Fee is typically calculated (i) based on capital commitments during the applicable
Platinum Buyout Fund’s commitment period, and (ii) based on invested capital following the termination
of such Platinum Buyout Fund’s commitment period. Generally, Advisors’ eligible Management Fee during
the commitment period has ranged from 1.0% to 2.0% of capital commitments and Advisors’ eligible
Management Fee following the termination of the commitment period has ranged from 1.0% to 2.0% of
invested capital. With respect to the Credit Fund, the Management Fee is calculated based on invested
capital both during and after the commitment period, with Advisors’ eligible Management Fee during the
commitment period ranging from 1.0% to 1.5% of invested capital and Advisors’ eligible Management Fee
following the termination of the commitment period ranging from 1.0% to 1.25% of invested capital.

Certain Investors, including those participating through Parallel Funds, pay and have paid lower aggregate
Management Fees than those stated above, pay Management Fees on a different schedule than other
Investors or pay no Management Fees. Management Fees are generally accrued quarterly in advance. In
the case of the last period in which Management Fees are paid to Advisors with respect to a particular
Platinum Fund, Advisors will refund the amount of Management Fees allocable to that portion of the quarter
which is subsequent to the term of the applicable Platinum Fund. Platinum Co-Invest Vehicles are not
charged any Management Fees. The terms of a Third Party Co-Invest Vehicle and SMA Client, including
Management Fees paid by such Third Party Co-Invest Vehicle or SMA Client, are negotiated by the relevant
General Partner or Advisors, as applicable, and the potential co-investor(s) on a case-by-case basis in their
respective sole and absolute discretion and in that regard, certain Investors in such vehicles do not pay
Management Fees.

Management Fees are subject to offset by a certain portion of Monitoring Fees and Other Fees (defined
below) received by Advisors pursuant to an offset formula defined in the Governing Agreements. Details
concerning Management Fee arrangements for each Investment Fund are set forth in its Governing
Agreement. See also “—Valuation Matters” herein.

Investors should be aware that the Management Fee will be calculated on a basis that generally is not tied
to the Investment Fund’s then-current net asset value. For certain Platinum Funds (including the Platinum
Buyout Funds), as described in the Governing Agreements, after the earlier of the end of the applicable
Platinum Fund’s commitment period and the date that a Successor Fund (as defined below) makes its initial
portfolio investment (such earlier date, the “Step-Down Date”), the Management Fee will be calculated
based on a percentage of each limited partner’s capital contributions with respect to portfolio investments
that have not been subject to a disposition less, with respect to any portfolio investment that has been the
subject of a writedown and, if determined appropriate by the relevant LP Advisory Committee after
consultation with the relevant General Partner, an amount up to the amount of the capital contributions by
each such limited partner attributable to the written down portion of such portfolio investment. In addition,
for other Platinum Funds (including the Credit Fund), as described in the Governing Agreements, both
during and after the applicable Platinum Fund’s commitment period the Management Fee will be calculated
based on a percentage of each limited partner’s capital contributions with respect to portfolio investments
that have not been subject to a disposition, including amounts borrowed in respect of portfolio investments
that have not been subject to a disposition. The fact that Management Fees are calculated based on the
foregoing instead of on capital commitments creates an incentive for the General Partner to defer realization
of portfolio investments, delay writing-down portfolio investments, continue to expend business time and
resources monitoring certain portfolio investments and/or seek to deploy the capital commitments at a more
accelerated pace than it otherwise would have if Management Fees were based solely on capital
commitments. Further, the determination to characterize a portfolio investment as having been disposed of
for purposes of the applicable Governing Agreement (including whether as a result of any refinancing,
recapitalization, restructuring, distribution or dividend, even in cases where the value of the Platinum
Fund’s portfolio investment has been reduced as a result of activity or such activity would result in a
reduction of cost under GAAP) remains in the good faith discretion of the applicable General Partner. The
determination of whether a portfolio investment has been deemed worthless remains in the reasonable
discretion of the applicable General Partner. Moreover, to the extent the Management Fee is based on capital
contributions with respect to unrealized portfolio investments, the Management Fee base will include
capitalized deal-specific expenses incurred in connection with the acquisition of such portfolio investments
by the applicable Platinum Fund, if any (as such deal-specific expenses are generally capitalized by the
Platinum Buyout Funds but not by the Credit Fund). Capitalized deal-specific expenses include, but are not
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Item 7 - Types of Clients

We provide advisory services to the Investment Funds, as described under “Advisory Business” above.

Investors in the Platinum Funds and Third Party Co-Invest Vehicles, to the extent applicable, consist
primarily of high net worth individuals and related trusts, family offices, corporate and public pension plans,
state and municipal government agencies, pooled investment vehicles (e.g., funds of funds), school trusts,
charitable foundations and endowments, sovereign wealth funds, banks and investment banks, corporations,
insurance companies and other financial institutions. Investors in the Platinum Co-Invest Vehicles consist
of the applicable General Partner, Platinum, and/or the Platinum Co-Investors. The minimum capital
commitment for an Investor of a Platinum Fund is outlined in such Platinum Fund’s private placement
memorandum, although the relevant General Partner typically has the authority to waive such minimum.

In the applicable subscription documents or equivalent Governing Agreement, Investors are required to
make certain representations when investing in an Investment 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 portfolio investment; and (iii) they have
the ability to bear the economic risk of an investment in the Investment Fund. Each Investor will be
furnished with a copy of the applicable Governing Agreement.