Seven Canyons Advisors LLC

Item 5 – Fees and Compensation

Private Funds
SCA provides services to the Ark Global Emerging Companies, L.P. and Golby Global, LP (each a
“Private Fund” and together the “Private Funds”).
In consideration for its services to the EC Fund, Seven Canyons receives a management fee (the
“Management Fee”) paid monthly in arrears equal to 0.125% (1.5% per annum) of the ending
capital account balance (the “Capital Account”) of each Limited Partner for such calendar
month. The Capital Account of a Limited Partner making a withdrawal other than the last day
of a month will be charged a pro rata portion of the Management Fee immediately prior to

such withdrawal based on the number of days elapsed during such month and the portion
withdrawn from such Capital Account. Seven Canyons also receives a Performance Allocation
fee of up to 5% based on any net realized and unrealized profits as described in Item 6 below.
All EC Fund fees and expenses are established by the EC Fund’s governing documents (the “EC
Fund Agreements”) and are described in the EC Fund’s offering memorandum (the
“Memorandum”).
In consideration for its services to Golby Global, Seven Canyons receives a management fee
(the “Management Fee”) paid quarterly in arrears equal to 0.375% (1.5% per annum) of the
ending capital account balance (the “Capital Account”) of each Limited Partner for such
calendar quarter. The Capital Account of a Limited Partner making a withdrawal other than the
last day of a quarter will be charged a pro rata portion of the Management Fee immediately
prior to such withdrawal based on the number of days elapsed during such quarter and the
portion withdrawn from such Capital Account. Seven Canyons also receives a Performance
Allocation fee of up to 15% based on any net realized and unrealized profits as described in
Item 6 below. All Golby Global fees and expenses are established by the Golby Global’s
governing documents (the “Golby Global Agreements”) and are described in the Golby Global’s
offering memorandum (the “Memorandum”).
From time to time, each Private Fund enters into letter agreements or other similar agreements
(collectively, “Side Letters”) with one or more investors with preferential rights or terms
(including, without limitation, with respect to access to information, management fees and
performance/incentive fees, minimum investment amounts, and liquidity terms) than other
investors have pursuant to the Private Fund’s governing documents. Except as otherwise
agreed with an investor, Seven Canyons is not required to disclose the terms of Side Letters to
other investors in the Private Fund. Depending on the terms of Side Letters, Seven Canyons can
also earn an annual performance allocation based on the Private Fund attaining certain
performance metrics.
SMA
Seven Canyons does not have standard investment management fee schedules for providing
investment management services for SMAs and for client-tailored strategies. Our investment
management fees for these accounts are negotiated on a case-by-case basis.

Item 7 – Types of Clients

Seven Canyons provides investment management services to the following client types:
high net worth individuals, pension and profit sharing plans, and private funds.

Each Private Fund has a minimum investment requirement which is described in the Private
Fund’s Memorandum, although Seven Canyons has discretion to modify that minimum
investment requirement.