Standard Crypto Management LP

Item 5. Fees and Compensation

The Adviser or its affiliates generally receive Advisory Fees and Carried Interest (each as defined
below) or similar performance-based remuneration from a Fund. A Fund, and/or its portfolio
companies also typically reimburse the Adviser and its affiliates for certain expenses and/or make
other payments to the Adviser or its affiliates for services provided to the Funds and/or their
portfolio companies, which, in certain circumstances, reduce the Advisory Fees payable to the
Adviser. Additionally, consistent with the Organizational Documents of a Fund, the Fund typically
bears certain out-of-pocket expenses incurred by the Adviser in connection with the services
provided to the Fund and/or the portfolio companies. Details about such fees and expenses are
contained in the Organizational Documents of a Fund. Further details about certain common fees
and expenses are set forth below. All Investors and prospective Investors in a Fund should review
the Organizational Documents of each Fund in which they have invested or intend to invest in
conjunction with this Brochure for complete information on the fees and compensation payable
with respect to a particular Fund.

Advisory Fees

As compensation for investment supervisory services rendered to the Funds, the Adviser receives
from each such Fund an advisory fee (each, an “Advisory Fee”) typically calculated based on
committed capital, net asset value (“NAV”), or proposed budget with respect to such Fund.
Advisory Fees may be reduced during the life of a Fund. The precise amount of, and the manner
and calculation of, the Advisory Fees for each Fund are established by the Adviser and are set
forth in such Fund’s Organizational Documents. The Advisory Fees and other fees and
distributions described herein are generally subject to modification, waiver or reduction by the
Adviser in its sole discretion, both voluntarily and on a negotiated basis with selected investors via
side letter and other arrangements, which may not be disclosed to other investors in the same Fund.
The fee structures described herein may be modified from time to time. Fees may differ from one
Fund to another, as well as among investors in the same Fund. Unless otherwise agreed with a
Fund’s investors, Advisory Fees will continue to be payable during any term extensions.

The Advisory Fees paid by a Fund will generally be reduced by a percentage of (1) the fees
incurred by the Adviser in connection with the organization of such Fund that exceed a limit
specified in such Fund’s Organizational Documents and/or (2) certain Other Fees (as defined and
described in more detail below under “Other Fees”) received by the Adviser or its affiliates. The
amount and manner of such reduction, if any, is set forth in the Organizational Documents of the
applicable Fund.

Certain investors in the Funds that are employees, former employees, business associates and other
“friends and family” of the Adviser, its affiliates or their personnel (including any related entity
established by any of the foregoing, such as trusts, charitable programs, endowments or related
programs, family investment vehicles and other estate planning vehicles) (collectively, “Adviser
Investors”) will not typically pay Advisory Fees or Carried Interest in connection with their
investment in a Fund. Furthermore, the Adviser may, from time to time establish certain
investment vehicles through which Adviser Investors or other third parties may invest alongside
one or more Funds in one or more investment opportunities, which pay reduced or no Advisory
Fees or Carried Interest. Notwithstanding that Adviser Investors will generally not pay Advisory

Fees, Adviser Investors will generally pay for their pro rata share of certain Fund expenses, or the
pro rata portion of such Adviser Investors’ expenses will be allocated to the Adviser or the general
partner of the applicable Fund.

In addition, the Adviser may waive or reduce all or a portion of the Advisory Fee paid by a Fund
in full or partial satisfaction of any obligation of the Adviser and certain employees and affiliates
of the Adviser to invest in and alongside such Fund, which could result in acceleration of investor
capital contributions. Waived or reduced Advisory Fees are not generally subject to various offsets
or the reductions described above. Due to waived or reduced Advisory Fees and/or the timing of
receipt of compensation subject to offsets, Fund investors may not receive the full benefit of
reductions or offsets (e.g., during periods when the Adviser no longer receives Advisory Fees and
receives compensation that would otherwise be subject to offset, the Adviser, depending on certain
elections that may be made by Fund investors, may be entitled to retain such compensation without
remitting any such amounts to the applicable Fund or its investments).

Advisory Fees are payable quarterly in advance, and for some Funds the Advisory Fee is amortized
monthly over the fiscal quarter. Upon termination of an Advisory Agreement, Advisory Fees that
have been prepaid are generally returned on a prorated basis.

Other Fees and Expense Reimbursement

Other Fees

In addition to the Advisory Fees and Carried Interest, the Adviser and its affiliates from time to
time receive a variety of other cash, equity and other non-cash fees relating to the investment
activities of a Fund, its portfolio companies 1 and prospective portfolio companies, including
acquisition fees, advisory fees, directors’ fees, transaction fees and break-up fees (or other similar
fees) (collectively with the other fees described in this section, “Other Fees”). The amount and
timing of Other Fees received by the Adviser or its affiliates are generally specified in the
agreement or other documentation governing the applicable transaction.

Other Fees are often substantial and may be paid in cash, in securities of the portfolio companies,
...

Item 7. Types of Clients

The Adviser currently provides investment supervisory services to the Funds, and not to the
individual Limited Partners or Investors. Investment advice is provided directly to the Funds
(subject to the direction and control of the general partner of each such Fund, if applicable) and
not individually to investors in such Fund.

Interests in the Funds are offered pursuant to applicable exemptions from registration under the
Securities Act and the 1940 Act. Investors in the Funds are generally “qualified purchasers” as
defined in the 1940 Act, and may include, among others, high net worth individuals, pension and
profit-sharing plans, trusts, estates, charitable organizations, university endowments, corporations,
limited partnerships and limited liability companies or other entities.

The Adviser does not have a minimum size for a Fund, but minimum investment commitments
may be established for investors in the Funds. The general partner of each Fund may in its sole
discretion permit investments below the minimum amounts set forth in the Organizational
Documents of such Fund.

This firm Brochure is not an offer to invest in our Funds.