Promethean Investments LLP

Item 5: Fees and Compensation

Management Fees

The Firm charges each investor in the fund (“Limited Partner”) a management fee typically
on an annual basis. These fees are based off a percentage of commitments. Management fees
are typically invoiced twice a year in advance in March and October.

The fee schedule for the funds varies from fund to fund and between asset classes in those
funds. A summary of the current fee schedule is set out below:

    Fund                                              Management
                                                      Fee per
                                                      annum
    Promethean UK Opportunities Fund II LP            1.5%
    Promethean Fund III LP                            1%
    Promethean 2018 LP                                N/A
    Promethean III (No.2) LP                          1%
    Promethean III (No.3) LP                          1%
    Promethean III (No.4) Puttshack LP                1%
    Promethean III (No.5) SOP LP                      1%
    Promethean Investments Bird LP                    0.5%
    Promethean Fund IV LP                             2.0%
    Promethean 2024 Puttshack, LP                     1%

Item 7: Types of Clients

Promethean Investments’ clients (“Clients”) are the funds it manages detailed in Item 4
above.

Each fund where the Firm acts as investment adviser specifies minimum subscription limits
and the subscription and redemption terms applicable. These may vary according to the fund
and can be changed at the Firm’s discretion.

Subject to the discretion of the Firm, smaller subscriptions may be accepted.

Promethean Investments LLP                                                   Form ADV Part 2A