Schechter Private Capital LLC

Item 5.       Fees and Compensation
SPC charges Funds (and, effectively, their underlying investors) varying fees based on the terms, complexity,
and the perceived risk/reward of underlying investments from the Funds. Generally, SPC charges
performance-based fees or allocations payable on distribution (“carried interest”), often with a hurdle or
similar preferred rate threshold – please note that certain Funds have no hurdle rate. In many cases, a
management fee is also charged. There is no set standard fee schedule for SPC Funds. Generally, investors
in the Private Funds pay their pro rata portion of the management fees, incentive fees or allocations, and
expenses in respect of each underlying Fund in which such an investor is invested.

Management Fees

Investors in Funds that charge a management fee will generally pay SPC an annual management fee as set
forth in such Fund’s offering documents (“Offering Documents”). Any management fees are deducted as
permitted by the appliable offering documents and in any case will be deducted before final distributions of
the applicable Fund. While management fees charged by Funds may be charged or allocated “in advance,”
in such cases the management fee is generally designed to compensate SPC for efforts that are weighted
in the first year(s) of the given Fund and will not be refundable. The Funds also have fees for such services
as accounting, audit, legal, bank custody of cash, due diligence and administration. None of those fees will
be credited back to SPC, its principles, or related parties unless as a direct reimbursement for third party
expenses.

SPC does not receive compensation for brokerage-related transactions or, if applicable, inside the Funds.

SPC, in its sole discretion, may negotiate to charge a lesser fee to individual Funds and specific investors in
a Fund or Series.

SPC deal sourcing and investment management will often rely on relationships with third parties. SPC has
entered other agreements with the third parties which may establish additional rights or supplement the terms
of the investment documents (referred to as “side letters”). SPC enters arrangements with these third parties

for services and they are paid compensation, allocated a portion of the carried interest of SPC, or are
reimbursed for certain expenses. These third parties will sometimes receive part of the fees SPC generates,
documented via side letter admitting them as a Special Limited Partner. The inclusion of a Special Limited
Partner does not increase the fees the client is charged.

Fees and expenses associated with such investment opportunities will be allocated to the applicable Fund(s),
as outlined in the PPM and offering documents.
Certain fees and expenses may not apply in certain Funds or in the case of investors in any given Fund.

Expenses

Fund Expenses

SPC Fund investors pay their pro-rata share of fund expenses incurred in connection with the organization,
management, operations, and liquidation of the applicable Fund, whether incurred directly by such Fund or
attributed to such Fund as set forth in the applicable Fund Offering Documents. Expenses include but are
not limited to all costs and expenses incurred in the holding, purchase, sale or exchange of investments,
expenses associated with Fund communications with investors, all legal, accounting, tax, consulting and
professional services fees and expenses relating to an applicable Fund and its activities. Details of expenses
borne by each of the Funds can be found in a Fund’s Offering Documents.

Allocation of Expenses

SPC allocates fees, costs, and expenses in accordance with a Fund’s Offering Documents. SPC will use pro
rata allocation based on the respective investment (or anticipated investment) of an investor, or such other
equitable method as determined by SPC in its sole discretion.

SPC may also enter arrangements with third-party advisors and consultants who provide services relating to
deal-sourcing and investment opportunities, or otherwise. SPC may compensate these advisors and
consultants, allocate a portion of the carried interest of SPC, pay other fees or reimburse them for certain
expenses.

Item 7.         Types of Clients
SPC currently provides investment advisory services to Funds and not individually to investors in such Fund.

Interests in the Funds are offered pursuant to applicable exemptions from registration under the Securities
Act of 1933, as Amended (the “Securities Act”) and the Investment Company Act of 1940, as amended (the
“1940 Act”). Funds are only offered to accredited investors and qualified clients meeting certain sophistication
and financial requirements and certain series of the fund are only available to qualified purchasers, and only
by private placement memorandum and other offering documents.

SPC does not have a minimum size for a Fund, but minimum investment commitments are typically
established for investors. SPC may in its sole discretion permit investments below the minimum amounts set
forth in the Offering Documents.