Reshape LLC

ITEM 5: FEES AND COMPENSATION

A. FEE SCHEDULES AND FEE PAYMENTS

                                    PORTFOLIO MANAGEMENT FEES

Reshape charges ongoing fees for services based on the total assets held in each Account under
Advisor’s management. The portfolio management fees are either calculated as a percentage of
the Client’s assets under management (“AUM Fee”) in each Account (or as based on the
household value of all Account(s) for Client’s who have linear fee schedules) including all cash,
cash equivalents and other assets (including accrued interest, accrued dividends, and margin) in
Account(s) (the “Account Value”) and/or a flat fee basis as negotiated between Client and
Advisor. Portfolio Management fees charged as well as the timing of assessment are negotiated
between Reshape and the client. AUM Fees can be charged as a flat fee percentage or a linear fee
percentage structure but will not exceed 2.5% of assets under management annually.

Portfolio management fees will be billed in advance or in arrears monthly or quarterly as agreed
in your IAA.

New clients will be charged a prorated fee for the initial quarter or month in which services are
rendered. Clients should discuss with their advisor the exact fee schedule agreed to in their IAA.

Reshape reserves the right to increase a client’s fees upon written notice thirty (30) days in
advance of the change. Reshape has discretion for reducing fees without notice. Negotiated fees
can be higher than the fees charged by other investment advisers for similar services, particularly
if the negotiated fee is at or near the maximum fee rate set out above. Fees are determined based
on numerous factors such as the total amount of assets in the relationship, the complexity of the

services, and the number and range of supplementary advisory and client-related services to be
provided. As a result, Clients could pay different fees for the services provided by Reshape.

Fees due to Reshape are typically deducted by the custodian directly from the client’s account
under management and will be paid to Reshape as appropriate. Clients will provide written
authorization permitting the fees to be paid directly from the account. Both Reshape’s IAA and
the custodial/clearing agreement authorize the custodian to debit the account for Reshape’s
investment management fees and to directly remit that fee to Reshape in compliance with
regulatory procedures.

                                 DIRECT PARTICIPATION PROGRAM FEES

Reshape will charge an ongoing investment advisory fee as a flat fee percentage or a linear fee
percentage structure based on the total assets held in each Direct Participation Program which
Reshape fee (exclusive of any DDP fee) will not exceed 2.5% annually, or on a fixed fee or
hourly fee basis.

When Reshape charges based upon a percentage of assets held in each DPP, Reshape will utilize
the value of the investment or fund as reported by the investment sponsor on the last day of the
month immediately preceding the billing cycle. Investment sponsors’ practices vary as to the
timing of their valuation reporting, ranging from daily, monthly, quarterly, or annually – some do
not update the valuation of its investment or fund until it has achieved a liquidity event. The
underlying or intrinsic value of an investment held in a Direct Participation Program may be
higher or lower than its published valuation. Some sponsors do not adjust previously determined
Fair Values. In the event an updated valuation has not been provided by the investment sponsor,
Reshape will use the valuation from the prior billing cycle.

In cases where the sponsor does not determine the fair market value of the investment of fund,
Reshape will, on at least an annual basis, undertake best efforts to ascertain the fair market value.
The client’s advisory fee will then be based on the updated fair market valuation.

Fixed fees are negotiated, agreed to in advance and will vary based on the nature and extent of
the services provided by Reshape. Alternatively, clients may negotiate an hourly rate, not to
exceed $1000 per hour. Reshape will bill the client for their services based on the scope of
services rendered. Any unused services by the client (or upon termination of the written advisory
agreement) will result in a refund for any fees paid to but not earned by Reshape. Payment for
hourly fees will be invoiced and due within 30 days.

Fees due to Reshape for Direct Participation Program assets are typically deducted indirectly
from a separate non-qualified account held at a custodian in which Reshape has permission from
the client to withdraw fees. The client can also elect to pay fees by check. In the limited event
that Reshape bills the client directly, payment in full is expected upon invoice presentation. All
checks are due within ten (10) days from receipt of invoice.

The investment advisory fees you pay Reshape is separate from the fees you pay the Sponsor,
General Partner or Manager of the DPP.

Reshape reserves the right to increase a client’s fees upon written notice thirty (30) days in
advance of the change. Reshape has discretion for reducing fees without notice. Negotiated fees
can be higher than the fees charged by other investment advisers for similar services, particularly
if the negotiated fee is at or near the maximum fee rate set out above. Fees are determined based
on numerous factors such as the total amount of assets in the relationship, the complexity of the
services, and the number and range of supplementary advisory and client-related services to be
provided. As a result, Clients could pay different fees for the services provided by Reshape.

                                     THIRD PARTY MANAGER FEES

Reshape provides investment advice and recommendations on the investment strategies of
Third-Party Managers (“Managers”). Following recommendations from our Investment Adviser
...

ITEM 7: TYPES OF CLIENTS

Reshape generally provides investment management services to individuals and high-net-worth
individuals.

We require clients to have a $1,000,000 minimum account balance to open or maintain their
account with us. This minimum can be waived or reduced at Reshape’s discretion.