Poetic Group LLC

Item 5.        Fees and Compensation

Our fees and compensation are described in our Clients’ Governing Documents.
The Funds
Poetic 8 pays us a monthly management fee equal to a percentage of funded capital contributions. Poetic
IX and Poetic X pay us a quarterly management fee equal to a percentage of funded capital contributions.
Poetic IX’s and Poetic X’s investors are all “qualified purchasers” (as defined in the Investment Company
Act of 1940 (the “1940 Act”)) or knowledgeable employees (as defined under the 1940 Act).
Poetic 8’s, Poetic IX’s, and Poetic X’s management fees are paid in advance. The Firm may, in our sole
discretion, defer payment of the management fee for any calendar month, in which case it will be payable
to us at a future date. We will not charge interest on such deferred management fees. We have waived and
may in the future, in our sole discretion, waive or reduce our management fee for investors in any Fund,
including for internal capital.
Each General Partner is also entitled to receive carried interest from the relevant Fund, as further described
in Item 6 – Performance-Based Fees and Side-By-Side Management.
The Sub-Advised Funds and the SMAs
Each Sub-Advised Fund and SMA pays us a quarterly management fee equal to a percentage of the lesser
of the cost or fair value of its investments. Such management fees are paid quarterly in arrears. We invoice
the Sub-Advised Funds and SMAs for the management fees. We are also entitled to receive performance-
based fees from the Sub-Advised Funds and SMAs, as further described in Item 6 – Performance-Based
Fees and Side-By-Side Management.
The Consulting Clients
The Consulting Clients pay us either (i) a quarterly management fee equal to a percentage of either the cost
of investments or net asset value or (ii) a consulting fee equal to a percentage of the total gross gains on the
asset(s) (or for each portion of the asset(s) in the case of a partial disposition) less any such amounts
previously paid on any prior payment date. The management fees are paid quarterly in arrears. The
consulting fees are not paid until the asset(s) have returned the full principal amount and exceeded an IRR
hurdle rate, as described in each Consulting Client’s Governing Documents. Such fees are neither invoiced
or debited, but are paid to us directly by each Consulting Client in accordance with the Governing
Documents relating to such client. In addition, we are entitled to receive performance-based fees from
certain Consulting Clients, as further described in Item 6 – Performance-Based Fees and Side-By-Side
Management. All of our Investment Consulting Clients are “qualified purchasers.”
Fund Expenses
The expenses paid by the Funds are set forth in detail in their Governing Documents. Such expenses differ
among the Funds. Thus, although the following is a summary of expenses the Funds will generally bear, it
is not an exhaustive or complete list with respect to each Fund and not all Funds will bear every expense
on this list. Investors and prospective investors in a Fund should therefore review the relevant Fund’s
Governing Documents carefully because such documents describe more precisely the expenses such Fund
will bear.

Poetic Group LLC                                                                           Form ADV Part 2A

The Funds will generally be responsible for all expenses incurred in connection with their businesses, affairs
and operations, which are expected to include, but not limited to, the following: management fees;
indemnification expenses; commissions; clearing fees; fees, interest and other costs on margin accounts or
other financings or re-financings; any taxes, duties or other governmental charges payable in any
jurisdiction in connection with the operation of the Funds; accounting and legal fees and disbursements
(including legal fees related to the acquisition, protection and distribution of the Funds’ investments and
the costs of prosecuting and defending legal actions involving the Funds); accounting, audit and tax
preparation expenses; third-party administrator fees; investment-related expenses, including Intex,
Bloomberg terminals, and other investment management software, research, subscriptions, quotation
services, data sets, and data feeds; borrowing charges on securities sold short; custodial fees; bank service
fees; third-party valuation and servicing agents; brokerage and finder fees and expenses, including (without
limitation) those incurred in connection with transactions directed to broker-dealers in part in recognition
of investment research and information furnished or expenses for services rendered by broker-dealers in
the execution of such orders and the use of such research and other services provided by such broker-
dealers; expenses related to the implementation and maintenance of information technology systems
utilized by the Funds, including (without limitation) cloud data; expenses incurred in connection with the
retention of third-party consultants and advisors providing services to the Funds; investment-related travel
and entertainment expenses, including industry conferences; expenses related to outsourced appraisal,
recordkeeping, bookkeeping, finance reporting, accounting and professional services provided to the Funds;
expenses in connection with proposed investments (including investments that fail to close); portfolio
management software; expenses related to reporting to and communicating with investors (including the
maintenance of any data rooms); expenses related to regulatory compliance, filings and reporting arising
out of the Funds’ investment activity, including (without limitation) filings with respect to Sections 13(d),
13(g) and 16 of the U.S. Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Form
PF; liability insurance premiums with respect to us and the General Partner (including, without limitation,
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Item 7.       Types of Clients

Our Clients are generally high net worth individuals, institutional investors and family offices that qualify
as “accredited investors” (as defined in Rule 501 under the Securities Act of 1933, as amended).
The minimum initial investment amount for any Fund that we manage in the future are set forth in such
fund’s Governing Documents.
If we determine to require a minimum investment for any other Client account, we will make that
determination on a case-by-case basis.