Rubicon Technology Management LLC

Item 5 – Fees and Compensation

A. The Firm is an SEC-registered investment adviser and will only deliver this brochure to
   “qualified purchasers” as defined in the Investment Company Act. Therefore, a description of
   the Firm’s compensation for advisory services has not been provided. Investors and
   prospective investors should refer to the Funds’ offering and governing documents for a
   detailed description of the management fees paid by each Fund and SPV to RUBICON (the
   “Management Fees”).

B. The Firm deducts Management Fees directly from each Fund’s assets, quarterly in advance.
   The GP Entity of each Fund is also typically entitled to performance-based compensation,
   which is automatically paid or allocated (out of the assets of a Fund) by each Fund under the
   terms of its governing documents.

C. In addition to the Management Fees and the performance-based compensation, each Fund
   also pays or reimburses the GP Entities and/or the Firm for certain expenses relating to the
   Fund’s formation, investment activities and ongoing operations (to the extent not reimbursed
   by a portfolio company), including expenses incurred in (i) originating and managing
   investments, including travel, legal, auditing, consulting, accounting expenses (including
   expenses associated with the preparation of financial statements, tax returns and K-1s), (ii)
   expenses of the Fund’s advisory committee and the annual meetings of the Investors,
   insurance and other expenses associated with the acquisition, holding and disposition of the
   Fund’s investments, (iii) all third-party expenses in connection with transactions not
   consummated, (iv) extraordinary expenses (such as litigation, if any) and (v) expenses incurred
   in connection with complying with provisions in Side Letters (as defined below), including
   “most favored nations” provisions. The governing documents of each Fund provides a
   detailed description of the expenses borne by such Fund.

D. Clients are required to pay Management Fees quarterly in advance, as specified in each Fund’s
   governing documents. In the event that the Firm or its affiliates do not provide services for
   the full quarterly period, the Management Fee is prorated for the partial period. In general,
   the proration of fees is calculated based on the number of days remaining in the applicable
   period, and it would be the Firm’s policy to return the Management Fee on a prorated basis
   if a management agreement is terminated.

E. The Firm and/or its supervised persons may receive certain fees from portfolio companies,
   such as directors’ fees, “transaction” fees or “monitoring” fees, in connection with activities
   performed on behalf of the Funds. Generally, 100% of such fees paid to the Firm and/or its
   supervised persons, net of expenses related to the activities leading to the receipt of such
   fees, will reduce the Management Fee paid by Investors.

F. Neither the Firm nor any of its supervised persons accepts compensation from the sale of
   securities or other investment products.

Item 7 – Types of Clients

RUBICON provides investment advice to the Funds, which are pooled investment vehicles,
generally organized as limited partnerships that are exempt from registration under the
Investment Company Act. Investors in the Funds typically include public pension plans, corporate
pension plans, insurance companies, fund-of-funds, endowments and foundations and other
institutional investors and high net worth individuals.

RUBICON sets a target fund size for each Fund, and the GP Entities typically set a minimum
investment amount for Investors (typically around $10 million per Investor, but a GP Entity can
accept lesser amounts at its discretion).