Remy Investors & Consultants LLC

Item 5.           Fees and Compensation

1.        Compensation for Consulting Services

Compensation provided to ReMY for its consulting services is negotiable and varies, depending on
the nature of the services required by each client. Typically, ReMY charges a fee based on the assets
under management, which typically ranges between 0.2-1.0%. ReMY may also enter into other fee
arrangements with its clients. In certain instances, ReMY may charge a fixed fee, typically payable
quarterly.

ReMY generally requires a minimum of $50,000,000 of investment assets to begin a consulting
relationship with a client or group of affiliated clients, but reserves the right to waive this minimum.

2.        Compensation for Investing Services

Acting in its capacity as “Investors” and as the general partner or manager, respectively, of certain
investment partnerships or limited liability companies, ReMY may charge a flat annual fee of up to
2.0% of assets under management or other fixed yearly fee, which amount is payable in quarterly
installments at the beginning of each calendar quarter, and is based in certain cases on the net market
value of the assets at the close of the market on the date the fee accrues and becomes payable. In
addition, ReMY may receive a performance fee or allocation of up to 20% of net profits (including,
in certain cases, both realized and unrealized gains and losses), typically only if the account exceeds
a benchmark return. Certain performance fees or allocations may accrue only if such net profits

exceed the increase, if any, in the specified benchmark (e.g., S&P 500 or specific percentage in
value). ReMY complies with Rule 205-3 under the Investment Advisers Act of 1940, as amended, to
the extent required by applicable law.

3.        General Disclosure

ReMY either deducts management fees and performance allocations and fees directly from client
accounts or bills a client for such amounts on request.

Accounts that invest in funds managed by third party advisers (including mutual funds) also pay,
indirectly, investment advisory fees to the managers of those funds.

ReMY believes that its fees are competitive with fees charged by other investment advisers for
comparable services. Comparable services may be available, however, from other sources for lower
fees.

Relationships with ReMY’s investment partnership clients are terminable on expiration of the
partnership’s term, dissolution of the partnership or on ReMY’s withdrawal as general partner.
Limited partners may withdraw from a fund, on specified prior written notice, on the last day of
December.

Except as may be otherwise negotiated in particular cases, the holder of an individually managed
account may terminate the account by giving 30 days’ prior written notice.

In all cases, expenses, the pro rata portion of the management fee and the performance allocation or
fee through the date of termination are charged to the account. All prepaid but unearned advisory fees
are refunded on termination of a client’s account. An investor who withdraws from a fund on a date
other than the last day of a quarter, however, does not receive a refund of the management fee
previously paid.

Each account is responsible for its own costs and expenses, including trading costs and expenses
(such as brokerage commissions, expenses related to short sales, and clearing and settlement charges),
ongoing legal, accounting and bookkeeping fees and expenses, and the fees and expenses charged by
any fund administrator for its accounting, bookkeeping and other services. ReMY bears its own
operating, general, administrative and overhead costs and expenses, other than the expenses described
above. All or part of these costs and expenses may be paid, however, by securities brokerage firms
that execute clients’ securities trades, as discussed in Item 12 below.

Item 7.         Types of Clients

ReMY provides investment advice to investment funds and other accounts. Investors in the funds
are required to invest a minimum of $500,000, but ReMY may waive this minimum. ReMY generally
requires a minimum of $50 million to begin an advisory relationship with a client or group of
affiliated clients, but may waive this minimum. ReMY’s separate account clients may include high-
net-worth individuals, institutions, trusts, endowments and pension plans.