Stelac Capital Partners LLC

Item 5 – Fees and Compensation

Item 5.A.

SCP is generally compensated for its advisory services to each Fund by a management fee, in an
amount up to two percent (2%) of the Fund’s aggregate capital commitments or invested capital
on a cost basis, as set forth in each Fund’s Governing Documents. As described in each
applicable Fund’s Governing Documents, after an initial period, certain Funds are no longer
subject to a management fee and certain other Funds’ management fees are reduced. Typically,
management fees are calculated on the anniversary of the applicable Fund. Management fees for
the first year are collected in advance at the initial closing and yearly in advance thereafter on the
anniversary cycle of the applicable Fund.

Subject to the terms and limitations set forth in the applicable Governing Document, the
respective General Partner generally is entitled to receive carried interest distributions of up to
25% of net profits, depending on the investment and whether or not there are shared economics
with an outside partner, derived from the exit of investments (following a return of capital
contributions attributable to disposed investments and, with respect to certain Funds, and a
potential preferred rate of return per annum to Investors applicable at each Fund level).

SCP is authorized under the Governing Document(s) to charge and deduct management fees
directly from the Funds and in its sole discretion, may waive or modify the management fees as
set forth in the applicable Governing Documents.

All Investors and prospective Investors should carefully review the Governing Documents of
each Fund together with this brochure for complete information on the fees and compensation
payable with respect to a particular Fund. Different Funds are subject to different management
fees as compensation for the advisory services rendered with respect to the particular Fund. It
should be noted that any new Fund launched by SCP may have materially different terms than
those summarized above, and any terms of any existing fund may be amended from time to time.

Item 5.B.

Management fees are typically funded with initial capital contributions drawn for such purpose.
Carried interest allocations generally will be distributed to the applicable SCP entity, typically
the Common Member, as outlined in the Governing Documents, from time to time upon the
disposition of portfolio investments by a Fund and are distributed to such SCP entity in
accordance with the terms of the applicable Governing Documents.

Item 5.C.

The Firm or the respective Manager is responsible for paying their respective overhead expenses,
including salaries and benefits, rent, communications, certain professional fees, and other non-
Fund related expenses.

Each Fund is responsible for all costs and expenses incurred by or on behalf of the Fund or for its
benefit. Fund expenses generally include, but are not limited to, the following costs and expenses
associated with the formation, operation, dissolution, winding-up, or termination of a Fund,
reasonably incurred by the Funds: (i) all out-of pocket expenses associated with the organization
of the Funds’ managing members or the Funds or the syndication of interests therein; (ii) legal,
accounting, audit, custodial and other professional fees as well as consulting fees relating to
services rendered to the Funds; (iii) banking, brokerage, broken-deal, registration, qualification,
finders, depositary and similar fees or commissions; (iv) transfer, capital and other taxes, duties
and costs incurred in acquiring, holding, selling or otherwise disposing of Fund assets; (v)
insurance premiums, indemnifications, costs of litigation and other extraordinary expenses; (vi)
costs of financial statements and other reports to Investors as well as costs of all governmental
returns, reports and other filings; (vii) costs of meetings of the Investors or portfolio company
(including the reasonable travel and other out-of-pocket costs incurred by the Fund’s managing
members in attending such meetings); (viii) interest expenses, if applicable; (ix) amounts paid to
or for the benefit of portfolio companies other than as capital contributions thereto or in
exchange for securities issued thereby; (x) all costs associated with the liquidating trust; (xi)
advertising and public notice costs; (xii) expenses incurred in investigating, evaluating or
monitoring portfolio companies and communicating with potential sellers of portfolio company
shares including but not limited to reasonable travel expenses, and (xiii) any other expenses not
listed in the preceding clauses (i) through (xi) that are not normal operating expenses of the
Fund’s managing members; provided that Fund expenses are subject to an annual cap.

Expenses, otherwise qualifying as Fund expenses, which are paid or incurred for the benefit of a
Fund as well as one or more other Funds shall be allocated equitably among such entities by
SCP, as applicable, in their reasonable discretion. Should the Manager receive additional
“advisory related” compensation from a portfolio company of a Fund, there will not be an offset
for that compensation against management fees.

Brokerage Fees

From time to time a Fund may receive as form of distribution, upon an exit of an investment,
public securities of such portfolio company. To the extent applicable, in which brokerage
commissions are involved in the disposition of those public securities, each Fund is responsible
for and pays any of its custodial fees and expenses related to such disposition or distribution. See
Item 12 below.

Item 7 – Types of Clients

SCP provides discretionary investment advice solely to pooled investment vehicles, including the
Funds as described in this document. Investors to which we provide access to the Funds are
generally international high net worth individuals and from time to time may also include
international charitable institutions and/or foundations. Over 80% of the assets managed by the
Firm, through the pooled investment vehicles, are from non-US investors.