Sengu Capital Limited

Item 5: Fees and Compensation

Management Fees

The fees applicable to the Funds are set forth in detail in the Funds’ Offering Materials; with
respect to all share classes, the Firm receives a management fee ranging from 1.25% - 1.50% of
the net asset value (“NAV”) of the Funds (“Management Fee”) monthly in arrears.

The Firm may, in their sole discretion, waive, rebate or decrease the Management Fee that is
payable in whole or in part, at any time.

The Funds may from time to time enter into Side Letters providing for changes in management
fees and performance allocation.

The Fund’s administrator (the “Administrator”) will deduct the fees discussed in Item 5.A.

Item 7: Types of Clients

Sengu provides investment advisory services to privately offered pooled investment vehicles,
which are intended for investment by certain investors that are qualified purchasers as defined
by the Company Act. The minimum initial investment amount for the Fund is generally US$1,
000,000 for series A and F US$100, 000 for Series E, and the minimum subsequent investment
amount is US$100,000.

In certain circumstances, the Board of Directors of the Funds may, in their sole discretion,
determine the minimum subscription per investor in a case or generally subject to all applicable
legal requirements.

In most circumstances, investors in the Funds must meet certain suitability and net worth
qualifications prior to making an investment in the Funds. Generally, investors must be (i)
“accredited investors,” as defined under Regulation D of the Securities Act of 1933, as amended
(the “Securities Act”), and (ii) either “qualified purchasers” or “knowledgeable employees,” as
defined under the Company Act. Sengu may waive such qualification requirements in certain
circumstances.

Sengu Capital Limited                                              Form ADV Part 2A (Brochure)