Story3 Capital Partners LLC

Item 5 – Fees and Compensation

Generally, STORY3, or its affiliate, as designated in the applicable Fund offering documents,
receives a quarterly management fee in advance equal to 2% of the aggregate Fund commitments
(the “Management Fee”). For certain Funds, a different rate will apply. As a result, please refer to
each Fund’s offering materials (“Offering Documents”) to understand the manner in which the
Management Fee is structured for each Fund. Additionally, in certain instances, the Management
Fee will be negotiable and will be waived or reduced at the discretion of STORY3.

For certain Funds, STORY3 or its affiliate, as designated in the applicable Offering Documents,
will also receive compensation in the form of carried interest. Carried interest is only payable to
STORY3 if the Funds meet certain performance objectives. The specific terms and structure of the
carried interest are described in the applicable Offering Documents. In certain instances, as
described in the applicable Offering Documents, certain investors in the Funds will be exempted

                                                                             Form ADV Part 2 – Firm Brochure
from all or some portion of the carried interest. Additionally, in certain instances, the carried interest
will be negotiable and will be waived or reduced at the discretion of STORY3.
In addition to the fees described above, the Funds generally bear all costs and expenses incurred
in connection with their investments, including brokerage commissions, transaction fees, custodial
fees, and other related costs and expenses pursuant to the terms of the applicable Offering
Documents. Additionally, the Funds bear certain organizational and operational expenses.
Organizational expenses are subject to a cap in certain instances and will include out-of-pocket
and internal expenses of the Company or its affiliates and its agents incurred in the formation of
the Funds.
Operating expenses generally include, but are not limited to: (i) the investigation of investment
opportunities (whether or not consummated), (ii) the acquisition, ownership, financing,
management or disposition of investments, (iii) travel, (iv) administrative and other expenses
related to the operation of each Fund, (v) fees paid to contractors, consultants, legal counsel, and
other service providers, (vi) interest expenses, brokerage commissions and other investment costs
incurred by or on behalf of each Fund, (vii) all other customary expenses and (viii) expenses
associated with the preparation and distribution of reports to Fund investors. Additionally, the
Funds will bear offering expenses. Further details on the additional expenses a Fund will bear are
outlined in the respective Offering Documents.

Item 7 – Types of Clients

STORY3 provides investment management services to clients (the Funds). Investors in the Funds
(“Investors”) generally include various types of institutional investors, high net worth individual
investors, and other similarly situated investors.

                                                                         Form ADV Part 2 – Firm Brochure
For the Funds, the minimum investment amount varies and is outlined in the applicable Offering
Documents. The minimum investment amount for the Funds is typically $5 million; however, the
minimum investment amount may be reduced at the discretion of STORY3. In most cases,
STORY3 has the authority to change or waive any minimum investment requirements in
accordance with the applicable Offering Documents.