Pluscios Management LLC

Item 5 – Fees and Compensation

Management Fees
Pluscios receives a monthly management fee for managing the Funds. We generally deduct the
fee from an Investor’s account in advance in an amount equal to a specified percentage of each
investor’s account. The percentage for calculation depends on the class as described in the
relevant Offering Memorandum.

Expenses
The Funds also directly incur expenses for various administrative services and indirectly incur
fees and expenses, including administration, audit, legal, tax, regulatory expense, and directors’
fees (where applicable). In addition to each Funds’ direct expenses, the Funds, as investors in
other investment entities and accounts, will indirectly bear its pro rata share of the expenses of
those investment entities and accounts. These indirect expenses include the Fund’s pro rata
share of an Sub-Fund or accounts investment expenses (such as custodial fees and brokerage
commissions) and possibly overhead expenses (such as rent, personnel expenses, equipment,
supplies, management and consulting fees and similar expenses). The underlying investment
entities or accounts may charge (i) a fixed base fee (typically 1-2% of net assets on an annual
basis) and (ii) an incentive fee or allocation based upon a percentage of any profits of the
investment entity (typically 20% of profits).

Tailoring of Services and Fees
We reserve the right to negotiate and charge different fees for different accounts. For example,
we may offer discounted fee schedules to certain clients based on the totality of their (and/or
their affiliates’) relationship with us. We take a variety of factors into consideration in making this

determination which may include: the number of accounts managed, the nature of services
rendered, and any special requirements of the account(s) managed, the size of the account and
the length of the lock-up. All of these factors, including the totality of our relationship with a
client and/or its affiliate(s), may also be taken into consideration in determining whether a client
is similarly situated to another client for most-favored-nation purposes.

Advisory and sub-advisory fees are negotiated on a contract-by-contract basis.

Item 7 – Types of Clients

Pluscios primarily provides manger identification, manager selection, and portfolio management
services to Funds. The Investors in the Funds can or may include high net worth individuals,
corporate and public pension and profit-sharing plans, charitable institutions, foundations,
endowments, Taft-Hartley plans, municipalities, registered mutual funds, private investment
funds, trust programs, sovereign funds, foreign funds such as UCITs, and other U.S. and
international institutions. Pluscios also provides advisory services to institutional investors.