Symphony Financial Partners Singapore PTE Ltd

ITEM 5: FEES AND COMPENSATION

A.      Advisory Fees and Compensation

The fees applicable to each Fund and the Series Trust are set forth in detail in each of the Fund’s and
the Series Trust’s respective offering documents. The fees applicable to each Managed Account are set
forth in detail in each client’s IMA. A brief summary of such fees is provided below.

1.      Domestic Fund

Management Fee. Generally, the Domestic Fund pays Symphony Cayman a quarterly management fee,
payable in arrears (“Domestic Management Fee”), equal to 1.5% to 2.0% annualized of each investor’s
capital account(s), as of the last Business Day of each quarter, as applicable. The General Partner may
elect to reduce, waive or calculate differently the Domestic Management Fee with respect to any
investor.

Incentive Allocation. Generally, at the end of each fiscal year of the Domestic Fund, 15% to 20% of
the excess of any net capital appreciation allocated to each capital account of each investor for such
fiscal year over the Domestic Management Fee debited to such capital account for such fiscal year will
be reallocated to the capital account of the General Partner (“Incentive Allocation”), subject to a loss
carryforward mechanism.

In the event that the management agreement between the Domestic Fund and Symphony Cayman is
terminated or an investor withdraws all or a portion of any capital account other than at the end of a
fiscal year, net capital appreciation or net capital depreciation, as the case may be, allocable to such
capital account will be determined through the date of termination or withdrawal (as the case may be)
and the Incentive Allocation with respect to such capital account, if any, will be reallocated to the
General Partner. The General Partner may, in its sole discretion, reduce, waive or calculate differently
the Incentive Allocation with respect to any investor.

2.      Offshore Funds

Management Fee. Each Offshore Fund pays Symphony Cayman a monthly or quarterly management
fee, payable in arrears (“Offshore Management Fee”), equal to 0.75% to 2.0% annualized of each series
or sub-class of such Offshore Fund’s shares, as of each month-end or quarter end valuation day (as the
case may be). Symphony Cayman may elect to reduce, waive, rebate or calculate differently the
Offshore Management Fee with respect to any investor.

Incentive Fee. Generally, at the end of each fiscal year of an Offshore Fund, Symphony Cayman is
entitled to an incentive fee (“Incentive Fee”) in an amount equal to 15% to 20% of the net realized and
unrealized appreciation in the net asset value of each series of shares of such Offshore Fund or net asset
value per share of the relevant sub-class of such Offshore Fund (as the case may be), adjusted for any
redemption of shares in the series made during the year and any accruals of the Incentive Fee (in the
case of each series of shares only) and, in each case, subject to a loss carryforward or high water mark
mechanism or over-performance over a hurdle.

In the event that shares are redeemed or the management agreement between the relevant Offshore Fund
and Symphony Cayman is terminated other than at the end of a fiscal year, the Incentive Fee will be
determined solely with respect to the shares so redeemed as of the redemption date. We may waive or
negotiate or calculate differently the Incentive Fee.

3.      Series Trust

All fees attributable to the Fund of One are charged in arrears, subject to negotiation, and established
pursuant to the terms of the applicable PPM.

4.      Managed Accounts

All fees for Managed Accounts are subject to negotiation and established pursuant to each Managed
Account’s IMA. Generally, IMAs are terminable upon receipt by either party from the other of prior
written notice of termination and after the expiration of the specified notice period and the client will
be entitled to any unearned prepaid portion of the Management Fee to the extent applicable.

Management Fee. We or Symphony Cayman charge each Managed Account a Management Fee for
each fiscal month or quarter of up to 1% per annum of the net asset value of each Managed Account.
The Management Fee paid by Managed Accounts is billed in arrears on a quarterly basis or billed in
advance. For Management Fee that are billed in advance, if the advisory agreement is terminated before
the end of the billing period, the Client may obtain a refund of the pre-paid Management Fee calculated
based on the remaining days in the billing period.

Performance Fee. For each fiscal year (or such other calculation period as may be agreed with the
client), we or Symphony Cayman are entitled to a performance fee (“Performance Fee”, and with the
Incentive Fee, Incentive Allocation, the “Performance Compensation”) in an amount equal to between
12.5% and 20% of any net realized and unrealized appreciation in the net asset value of each Managed
Account (subject to a loss carryforward or high water mark mechanism) or over-performance over a
hurdle, in each case over the relevant calculation period subject to certain adjustments. To the extent
earned, the Performance Fee is generally calculated and crystallized at the end of the relevant
calculation period and is also crystallized upon a withdrawal or termination of the relevant Managed
Account’s IMA.

B.      Payment of Fees

Fees and compensation paid to us or our affiliates by the Funds, Series Trust, or Managed Accounts are
deducted from the assets of such clients. As discussed above, Management Fees are generally deducted

in arrears on a monthly or quarterly basis and Performance Compensation is generally deducted in
arrears on an annual basis, subject to agreement otherwise with certain clients or investors therein, as
well as upon a redemption or withdrawal by an investor.

C.      Additional Fees and Expenses

Each client bears its own expenses, which are detailed in each client’s governing documents. Such
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ITEM 7: TYPES OF CLIENTS

We provide investment advisory services to Funds, Managed Accounts, and the Series Trust, as
described above.