Ridgeview Asset Management Partners LLC

Item 5 – Fees and Compensation
A. Advisory Fees and Compensation

Individual Clients

Ridgeview charges Individual Clients an asset-based management fee based on the
schedule below which includes the cost of portfolio management services, custodial
services, and the execution of securities transactions. Management fees are calculated and
billed by Ridgeview quarterly in arrears based on the market value of the assets managed
by Ridgeview in an SMA as of the last business day of each calendar quarter (the
“Calculation Date”). Management fees are deducted from each Individual Client’s account
by the custodian generally within fifteen (15) days after the Calculation Date or billed
directly as provided in each Individual Client’s management agreement with Ridgeview.

                 Ridgeview
                 ACCOUNT TYPE                    Annual Fee
                 Fixed Income                    Up to 0.65%
                 Taxable Core Equity             Up to 1.00%
                 Institutional/Retirement        Up to 0.65%

Individual Clients may negotiate reduced management fees based upon certain criteria such
as size, type, and complexity of account; related accounts; anticipated changes in accounts,
among other factors.

Any Individual Client’s SMA that invests in a Fund managed by Ridgeview will not pay
any additional management fees or carry to Ridgeview other than what is set forth in the
applicable Ridgeview Fund’s offering documents. As a result, there will be no layering of
fees payable to Ridgeview. Any Individual client’s SMA that invests in other non-
Ridgeview Funds, will pay Ridgeview management fees with respect to those assets.

Funds

Funds and Fund of Funds: With respect to Fund clients that are closed-end funds and/or
fund of funds, Ridgeview receives a management fee based on total capital. Such fees are
paid by the applicable Fund to Ridgeview and are ultimately borne by investors in such
Fund. The fees applicable to an investor in a Fund are set forth in the applicable Offering
Documentation and the subscription documentation relating to such investor. Additionally,
affiliates of Ridgeview, Ridgeview GP, LLC, Ridgeview GP II, LLC, Ridgeview GP III,
LLC and Ridgeview GP IV, LLC, each general partners of one or more Funds (collectively,
the “General Partner”), are also entitled to receive carried interest on any appreciation of
the portfolio, subject to a waterfall. Please see Item 6: Performance-Based Fees and Side-
By-Side Management for more details.

For Clients that are fund of funds, it should be noted that the underlying managers to whom
assets are allocated will likely be entitled to receive management fees, incentive- based

compensation and/or carried interest distributions (directly and/or through an affiliate),
which will be in addition to the management fees and carried interest distributions payable
at the Fund level to Ridgeview and the applicable General Partner, respectively.

 Name of Fund                                                   Annual Management Fee
 Ridgeview Asset Management Opportunity Fund, LP                          2%
 Ridgeview Asset Management Opportunity Fund II, LP                       2%
 Ridgeview Asset Management Real Estate Fund, LP                          1%
 Ridgeview Asset Management Private Credit Fund, LP                      1.5%

Special Purpose Vehicles: With respect to Fund clients that are special purpose vehicles
(or “SPVs”), Ridgeview receives a management fee based on total capital. Such fees are
paid by the applicable Fund to Ridgeview and are ultimately borne by investors in such
Fund. The fees applicable to an investor in a Fund are set forth in the applicable Offering
Documentation and the subscription documentation relating to such investor. Ridgeview
waives the management fee for these SPVs.

 Name of SPV                                                    Annual Management Fee
 Ridgeview DOD SPV LP                                                     1%
 Ridgeview Arwood SPV LP                                                  1%

B. Deduction of Fees

Individual Clients: Management fees are deducted from each Individual Client’s account
by Ridgeview generally within fifteen (15) days after the Calculation Date or billed
directly.

Funds: Ridgeview is paid directly by the Funds and not the investors of the Funds, an
annual management fee in advance.

C. Other Fees and Expenses

For Individual Client accounts, there are other costs assessed by third parties and/or
Ridgeview. For example, there may be charges imposed directly by a mutual fund or
exchange-traded fund in the account (e.g., fund management fees and other fund expenses
as disclosed in the prospectus), deferred sales charges, odd-lot differentials, transfer taxes,
wire transfer, and electronic fund fees, annual check writing and debit card fees, check stop
payment fees, returned check fees, ACH return fees, security transfer, and redemption fees,
reorganization processing fees, trade confirmation fees, outgoing account transfer fees,
margin extension fees, margin debit interest, IRA annual maintenance fees, IRA
termination fees, amounts charged to produce year-end statements and account reports, and
other fees and taxes on brokerage accounts and securities transactions. Clients may obtain
a schedule of these additional fees by contacting their broker-dealer directly.

The Sub-Advisers’ fees for servicing the accounts are included with Ridgeview’s fees as

disclosed above in Item 5.A., Advisory Fees and Compensation. As part of its investment
management services, Ridgeview will recommend that Clients establish an account with
one of its preferred brokers. Client shall pay or provide for all brokerage commissions and
other trading costs and fees, underwriting discounts, sales loads, spreads, and other
similar charges, and all charges of U.S. Depositories and any custodian and/or other service
...

Item 7 – Types of Clients

Ridgeview offers its advisory services to high net worth individuals, families, trusts,
foundations, endowments, private investment partnerships and/or private investment
limited liability companies. Ridgeview’s minimum account size for an SMA is $5 million.
Ridgeview’s minimum investment amount in a Fund is $500,000. Ridgeview (or an
affiliate) may waive these minimums in its sole discretion.