TCW PT Management Company LLC

ITEM 5: FEES AND COMPENSATION
The investment management fees we charge are generally computed as a percentage of the cost
basis of portfolio investments in a Fund. For Accounts, these fees are billed directly rather than
deducted from managed assets, whereas for Funds, they are typically deducted from managed
assets. Our clients typically pay our management fees quarterly in arrears, although some Accounts
and Funds may pay us monthly. Accounts are generally subject to a minimum account size.
Investment management fees are based on the investment strategy and size of the account. In some
cases, the fee schedule applied to an Account for a particular strategy will take into consideration
other assets managed by us in other strategies for that Account or that Account’s owner and its
affiliates.

Funds in the TCW Steel City Platform are subject to a management fee and, for certain funds, a
performance-based incentive fee. Both fees are payable quarterly in arrears. The management fee
is calculated as a percentage of the Fund’s net assets, while the incentive fee is tied to the Fund’s
performance and includes components based on income and capital gains.

ADDITIONAL TERMS. Additional terms regarding the fees and expenses of each Fund are
described in its respective Offering Materials, provided to potential investors prior to the time they
invest. Funds typically have a stated term, as described in their Offering Materials. Our fee
schedule is generally not negotiable but in some instances the fee may be negotiated.

OTHER EXPENSES IN CONNECTION WITH ACCOUNTS AND FUNDS.

   •   Our Fund and account clients typically incur fees in addition to our management fees,
       incentive fees and sourcing fees. These may include: (a) fund organizational expenses; (b)
       expenses of calculating the Fund’s net asset value (including the cost and expenses of any

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      independent valuation firm); (c) fees and interest charges payable to third parties, including
      agents, consultants, attorneys, or other advisors, relating to, or associated with, identifying,
      originating, performing diligence on, investigating, developing, evaluating, and making
      investments; (d) expenses incurred by us or an administrator payable to third parties,
      including any agents, consultants, attorneys, or other advisors, relating to or associated with
      monitoring the financial and legal affairs for a Fund, providing administrative services,
      monitoring or administering a Fund’s investments, and performing due diligence reviews
      of prospective investments and the corresponding borrower or prospective borrower
      (including expenses of senior advisors, industry experts, operating investors, and other
      similar professionals; provided, that only the allocable portion of the total fees, costs, and
      expenses associated with such personnel attributable to their work relating to a Fund will
      be allocated to that Fund); (e) the costs and expenses incurred by us, a Fund’s general
      partner, or a Fund in engaging third parties in connection with satisfying legal and
      regulatory compliance and reporting obligations under U.S. federal, state, local, non-U.S.,
      or other laws and regulations in connection with the operation of the Funds, including
      directly or indirectly related to the making, holding, or disposing of investments by a Fund
      (whether such compliance obligations are imposed on us, a general partner, their affiliates,
      or a Fund), including Fund-related compliance obligation expenses; (f) fees and expenses
      incurred in connection with the indebtedness of the Funds (including establishing, utilizing,
      modifying, and retiring any credit facility or other borrowing and any interest thereon), any
      investment vehicle, and investments (including any guarantees), and payment of interest
      and repayment of principal on such indebtedness; (g) expenses related to sales and
      purchases of interests in a Fund; (h) fund administrator fees payable under any
      administration agreement, including any administration agreement entered into with our
      affiliates (provided, that any such fees payable to an administrator that is our affiliate shall
      be limited to what a qualified third-party would charge to perform substantially similar
      services); (i) transfer agent, sub-administrator, and custodial fees; (j) expenses relating to
      the issue, repurchase, and transfer of Fund interests to the extent not borne by the relevant
      transferring investors; (k) federal and state registration fees; (l) any taxes and/or tax-related
      interest, fees, or other governmental charges; (m) expenses of any limited partner advisory
      committees, including expenses incurred in connection with any meetings thereof; (n)
      expenses associated with the meetings of investors, including the reasonable out-of-pocket
      costs incurred by us and a Fund general partner and our representatives, directors, and
      employees in attending such meetings; (o) costs of any reports, proxy statements, or other
      notices to investors, including printing and mailing costs; (p) costs and expenses related to
      the preparation of a Fund’s financial statements, tax returns, and Schedules K-1 and K-3,
      and the representation of a Fund by a partnership representative; (q) a Fund’s allocable
      portion of any directors and officers/errors and omissions liability insurance, and any other
      insurance premiums and other insurance expenses, and costs of litigation (including the
      amount of any judgment or settlement in connection therewith and any other extraordinary
      expenses); (r) direct costs and expenses of administration, including printing, mailing,
      long-distance telephone, and copying; (s) independent auditors and outside legal costs; (t)
...

ITEM 7: TYPES OF CLIENTS
We provide investment management services to Accounts and Funds established in the U.S. Each
Fund has a minimum investment requirement for investors as set forth in each Fund’s Offering
Materials, which we may waive in our discretion. Investors also are required to meet certain
eligibility standards as set forth in each Fund’s PPM.

We generally offer Accounts and Funds only to institutional and individual investors that qualify
as both (i) “qualified purchasers,” as defined for purposes of Section 3(c)(7) of the 1940 Act, and
(ii) “accredited investors,” as defined in Regulation D under the Securities Act. Certain investors
in a Fund may be: (1) “qualified institutional buyers” (as defined in Rule 144A under the Securities
Act) or (2) persons involved in the organization or operation of the Fund or an “affiliate” (as
defined in Rule 405 under the Securities Act) of such a person.

Interests in the Senior Lending BDC are generally offered only to investors that qualify as either
(i) an “accredited investor,” as defined in Rule 501 of Regulation D under the Securities Act or,
(ii) in the case of Common Shares sold outside the United States, not “U.S. persons”, in accordance
with Regulation S under the Securities Act. Interests in the Lux Fund are only offered to investors
that are “well-informed investors” as defined in Article 2 of the Luxembourg Law on Reserved
Alternative Investment Funds.

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Accounts are subject to a minimum account size, as set form in the relevant account documents.
In some instances, the minimum account size may be negotiated.