Rock Harbor Partners LLC

Item 5: Fees and Compensation

The fees applicable to Clients are set forth in detail in the Client’s investment management
agreement and/or Offering Documents. A general summary of the fee structures used by Rock
Harbor is provided below.

Fixed Fee and Discretionary Bonus

Rock Harbor expects to charge Clients individually negotiated fees. Clients may also pay Rock
Harbor an annual discretionary bonus based in part on the performance of the Funds and the Client
portfolios managed by Rock Harbor. Rock Harbor also expects to receive certain carried interest
amounts on specific investments or portfolios of investments that it manages directly for Clients or
through a Fund.

Other Types of Fees or Expenses

In addition to any management fees or any performance fees it receives from Clients, Clients may
bear, or reimburse Rock Harbor for, certain of Rock Harbor's operating expenses pursuant to
budgeting procedures set forth in its investment management agreements with Clients. These
expenses will include, without limitation, rent; charges for furniture and fixtures and other capital
expenditures; all salary (including annual or other performance bonuses as applicable), taxes and
benefits expenses related to Rock Harbor's executive, administrative, research, investment and
other personnel (such amounts collectively, “Manager Overhead”).

Certain expenses may require approvals by the Clients.

In addition to paying managed fees, performance fees, and Manager Overhead, as applicable, Client
accounts will also be subject to other investment expenses in accordance with the Client’s
investment management agreement or Fund Offering Documents such as custodial charges,
brokerage fees, commissions and related costs; interest expenses; taxes, duties and other
governmental charges; transfer and registration fees or similar expenses; costs associated with
foreign exchange transactions; other portfolio expenses; and costs, expenses and fees (including,
investment advisory and other fees charged by investment advisers with, or funds in, which the
Client’s account invests) associated with products or services that may be necessary or incidental
to such investments or accounts. In addition, Client accounts will incur brokerage and other
transaction costs. Please refer to Item 12 of this Firm Brochure for a discussion of Rock Harbor’s

Item 7: Types of Clients

Rock Harbor provides investment advisory services to various types of Clients including ultra-high
net worth and high net worth individuals, their families, family offices and related entities like trusts,
estates, endowments, and foundations, as well as charitable organizations, corporations and other
business entities. Rock Harbor also acts as sub-adviser to a U.S. investment adviser, and may in
the future act as sub-adviser to non-U.S. investment advisers and additional U.S. investment
advisers, including firms that manage investments on behalf of variable life insurance policies,
variable annuity policies and other variable contracts.

Rock Harbor does not have an established minimum account size requirement and instead
considers a number of factors when determining if it will accept a new Client relationship, including
but not limited to the scope and complexity of the relationship, servicing requirements and expected
revenue generation.