Stillpoint Investments LP

Item 5: Fees and Compensation

The fees applicable to each of the Funds are set forth in detail in the corresponding Offering
Documents. A brief summary of such fees is provided below.

Management Fee

Stillpoint is paid an investment management fee (“Management Fee”) per annum of the net
asset value of the Funds. The Fee will range from 0.5% to 3%.

The Investment Manager, in its sole discretion, may waive or modify the Management Fee for
any Investor.

Contribution Client:
With respect to the Contribution Client, Stillpoint receives flat annual fee and a discretionary
bonus as determined by the Contribution Client based on a variety of factors.

Other Types of Fees or Expenses

Stillpoint is authorized to incur and pay in the name and on behalf of the Funds all expenses
which they deem necessary or advisable.

The Investment Manager is responsible for and shall pay, or cause to be paid, all of their own
ordinary administrative and overhead expenses, including, without limitation, all costs and
expenses related to rent, furniture, fixtures, equipment, office supplies, clerical expenses and
all salaries, bonuses and benefits paid to, or on behalf of, personnel of the Investment
Manager.

The Funds bear all other expenses, which include, without limitation, the following expenses
incurred by or allocable to the Funds: (a) organizational and offering expenses; (b) expenses
associated with all investments and transactions considered, evaluated and/or consummated
by the Funds, including, without limitation, those expenses incurred before the initial closing
of the Funds, including, without limitation, expenses associated with sourcing, negotiating,
investigating, researching, financing and structuring of investments and potential
investments, whether or not consummated, including, without limitation, third-party
research, data, analytics, modeling, structuring, pricing, execution and other third-party
information systems, software and service fees (including, without limitation, the expenses
with respect to data feeds, subscriptions, expert networks, political intelligence providers, and
reports); (c) research-related computer hardware and software expenses, including, without
limitation, Bloomberg terminals; (d) the Funds’ pro rata share of the Investment Manager’s
order management system, portfolio management system and any other software used for
accounting and/or monitoring of the portfolio; (e) expenses associated with holding,
financing, monitoring, hedging, maintaining and disposing of all investments of the Funds and
all transaction and other costs associated therewith; (f) travel and related expenses associated
with investments and potential investments; (g) professional fees associated with investments
and potential investments, including, without limitation, consulting, due diligence,
accounting, valuation, financial, legal, and other advisory fees and expenses; (h) transaction
fees, brokerage commissions, custodial fees, clearing and settlement charges and similar fees
and expenses associated with the acquisition, disposition and settling of investments and
potential investments; (i) expenses associated with legal and regulatory filings of the Funds
(including, without limitation, pursuant to Section 13 and 16 of the Securities and Exchange

Stillpoint Investments LP                                             Form ADV Part 2A Brochure

Act of 1934, as amended (the “Exchange Act”)) and the Funds’ pro rata portion of the
expenses associated with preparation of the Investment Manager’s Form 13F, Form 13H and
Form PF, and any other similar filing in any other U.S. or non-U.S. jurisdiction; (j)
administrative, custodial, appraisal, valuation, legal, regulatory, compliance, consulting,
advisory and similar fees and expenses associated with the Funds’ operations, investments
and transactions, including, without limitation, fees and expenses of the Funds’ administrator;
(k) expenses incurred in connection with responding to requests or inquiries from any U.S.
federal, state, local or non-U.S. governmental entity or authority, regulatory body or self-
regulatory organization and all extraordinary expenses; (l) broken-deal, failed transaction,
break-up and similar fees, costs and expenses, if any; (m) costs and expenses of leverage or
any other borrowings of the Funds, including, without limitation, interest charges and fees;
(n) expenses incurred in the collection of monies owed to the Funds, as applicable; (o) auditing
and accounting expenses of the Funds, including, without limitation, expenses associated with
the preparation of financial statements, tax returns and Schedules K-1 and the fees and
expenses of the auditor; (p) any entity level taxes, fees or other governmental charges on the
Funds, including, without limitation, any withholding taxes not due to the status or
noncompliance of a particular Investor; (q) costs and expenses associated with investor
communications and reports and the delivery thereof to investors; (r) the costs of service
providers or software to measure or monitor risk metrics, to aggregate positions and/or to
provide reporting with respect to risk metrics and/or positions; (s) costs and expenses
associated with meetings of the Investors; (t) insurance expenses; including, without
limitation, directors’ and officers’ liability insurance, general partner liability insurance, errors
and omissions insurance and other policies, if any; (u) costs and expenses (including, without
limitation, entity-level taxes, fees or other governmental charges) associated with the
formation, organization and operation of any subsidiary, special purpose vehicle, alternative
investment vehicle, holding company, or similar entity formed with respect to investments,
credit facilities or other transactions entered into for the benefit of the Funds; (v) wind-up,
liquidation, termination and dissolution expenses; (w) costs, fees and expenses related to
...

Item 7: Types of Clients

Our clients are the Funds, as described in Item 4 above, and the Funds are generally open to,
among others, institutions, pension plans, endowments, high net-worth individuals,
financially sophisticated individuals, and other sophisticated investors.