Silas Capital LLC

Item 5: Fees and Compensation
Management Fee
Each investment vehicle pays a Management Fee to the general partner which is payable quarterly in
advance.

Private Equity Funds:
During the Investment Period, each Private Equity Fund will pay a Management Fee equal to 2.25% per
annum of the limited partners’ commitments which is payable quarterly in advance to the general
partner. After the Investment Period and beginning with the first full Fiscal Quarter following the fifth
anniversary of Initial Contribution Date, the Management Fee percentage shall be reduced by 0.25% per
year but shall not be reduced below 1.75%. If the Investment Manager begins to accrue management
fees with respect to a new private equity investment fund with aggregate commitments of
$100,000,000 or more, then effective as the first Management Fee Due Date after such receipt or
accrual, the Fund will pay an annual management fee calculated as an amount equal to 1.75% per
annum of the Non-Affiliated Partners’ Percentage of an amount equal to the aggregate amount of

unrecouped Bridge Financing Contributions and Investment Contributions with respect to Investments
that have not been disposed of or completely written-off for U.S. federal income tax purposes. The
Management Fee will commence as of the initial closing based on the limited partners’ aggregate capital
contributions, regardless of when a limited partner is actually admitted. Limited partners admitted in
subsequent closings will be assessed Management Fees retroactively of the initial closing.

Venture Capital Funds:
Commencing on the initial closing date and until the end of the Fund term, the Fund will pay to the
Management Company an annual management fee, payable quarterly in advance, equal to 2.25% of the
aggregate commitments of limited partners.

Special Purpose Vehicles:
Generally, for a period of not more than five years commencing with the calendar quarter immediately
prior to the effective date, as compensation for services rendered by the manager of the company, the
manager is entitled to receive from the Company an annual management fee equal to 2% of the total
amount invested by the company, to be calculated and paid quarterly in advance. Please refer to each
company’s respective Operating Agreement for specific details.

The general partner reserves the right to waive all or a portion of any future installments of the
Management Fee.

Carried Interest
The General Partner of each fund is entitled to carried interest which is generally 20%, however specific
details for each fund can be found in their respective prospectus.

Item 7: Types of Clients
Silas only provides investment advice to private funds. All investors within the private equity funds must
be “accredited investors” as defined by Regulation D of the 1933 Act and meet other eligibility
requirements as set forth in the investment documents.

Minimum Commitments
Minimums have been established for each Fund; however, the general partner for each Fund has the
right to accept a commitment of a lesser amount, in its sole discretion. Investors should refer to the
Fund’s private fund documents for additional information regarding minimums.