Securitize Capital LLC

Fees and Compensation
Securitize Capital charges most of its clients an annual investment management fee that currently
ranges between 0.3% and 0.5% per vehicle. Securitize Capital does not charge a performance fee
or impose a minimum annual fee.

Securitize Capital generally receives management fees from the private investment funds that it
sponsors or manages. Management fees are typically, but not always, calculated and charged in
advance as of the first day of each quarterly period. These fees are accrued by the funds, and the
net asset value (“NAV”) of each fund reflects the net position of the fund after management fees
have been accounted for.

Management fees are paid by the funds themselves rather than directly by investors. As a result,
investors generally do not receive invoices from Securitize Capital for advisory fees. Investors in
the funds indirectly bear these management fees through their investment in the applicable fund.

In addition to the management fees paid to Securitize Capital, certain funds will invest in an
underlying master fund or other investment vehicle managed by a third-party investment manager.
In such cases, the funds will also be subject to the fees and expenses of the underlying fund,
which may include management fees, performance-based compensation, administrative expenses,
and other operating costs charged by the underlying investment manager. As a result, investors
will indirectly bear multiple layers of fees and expenses.

Additional information regarding applicable fees and expenses, including how management fees
are calculated and charged, is described in the applicable fund offering documents.

Performance Based Fees and Side-by-Side Management
Securitize Capital does not charge any performance fees. Securitize Capital does not engage in side-
by-side management of accounts with different fee structures.

Types of Clients
Securitize Capital primarily provides investment advisory services to private investment funds
that Securitize Capital sponsors or manages. These funds are typically structured as feeder funds
that invest in underlying funds managed by established institutional asset managers.

Interests in the funds are generally offered to investors (i.e., accredited investors and qualified
purchasers) that are high-net-worth individuals, family offices, and other eligible investors,
subject to applicable securities laws and the eligibility requirements described in each fund’s
offering documents.

Securitize Capital does not typically provide individualized advisory services directly to investors
in the funds. Instead, investment advisory services are provided at the fund level.

Minimum investment amounts are determined by the terms of each fund and are described in the
applicable offering documents. Securitize Capital may waive or modify minimum investment
requirements in its discretion.

Methods of Analysis, Investment Strategies and Risk of Loss
Securitize Capital primarily provides investment advisory services to private investment funds
that it sponsors or manages. These funds generally seek to obtain exposure to investment
strategies by investing substantially all of their assets in underlying funds managed by established
institutional asset managers or by partnering with an established investment adviser that serves as
a sub-adviser responsible for executing the investment strategy.