Techquity Capital Management LLC

Item 5 – Fees and Compensation

The fees and compensation payable to the Adviser are negotiable and vary among its Clients
but are generally as follows:

1.   Management Fee

With respect to the Funds, the Adviser typically received a semi-annual asset-based
management fee calculated as a percentage of each Investor’s committed capital, payable in
advance. The management fee has generally been between 1% and 2%. The Advisor waived
some fees from its Clients in 2025. Management fees are typically funded with capital
contributions or other capital financing drawn for such purpose. In some instances, the fee
has been revised to be paid quarterly and is a fixed fee amount.

2.   Performance-based Fees

In addition, the GP Entity typically receives certain allocations and distributions calculated
and charged based on a share of capital gains on or capital appreciation of the assets of such
Fund, as negotiated and determined at the time such Fund is established and as set forth in its
Offering Documents. These allocations and distributions are commonly known as “carried
interest”. Carried interest is typically paid by the Funds only to the extent net income to the
Funds exceeds the Fund’s invested capital plus a priority return on the Fund’s investments
calculated at a rate of 8% per annum compounded annually (“Priority Return”) In addition, in
some instances a Fund engages an affiliate of the GP Entity for certain services and in
exchange the affiliate receives the type of allocation and distributions described above.

Carried interest distributions generally will be distributed by the Adviser from time to time
upon the disposition of investments by a Fund and are distributed in accordance with the
terms of the applicable Governing Document.

Management fees and carried interest distributions are determined by the applicable Offering
Documents. However, the Adviser has discretion to reduce or waive Management Fees
and/or carried interest distributions.

3.   Fund Expenses

The Adviser generally is responsible for its own expenses including employees, rent, utilities
and other similar items. The Funds are typically responsible for all other including: (i) routine
expenses of the Fund, including legal, auditing, fund administrator, consulting and financing
fees, and expenses associated with the Fund’s financial statements and tax returns and other
administrative expenses of the Fund; (ii) all out-of-pocket expenses (including reasonable
travel expenses) incurred in connection with the acquisition, development,
commercialization, holding, or disposing of any Investment, including potential acquisitions
or transactions relating to Investments that are ultimately not made; (iii) all litigation-related
and indemnification expenses; (iv) all legal and accounting expenses for organizing the Funds

up to a negotiated amount listed in the Offering Documents; (v) any placement agent expenses
(provided that the amount of any placement agent expenses shall be offset against the
Management Fee); (vi) all expenses incurred by the Funds in connection with a defaulting
limited partner; (vii) all expenses incurred with any restructuring or amendments to the
constituent documents of the Funds and related entities (excluding any changes to the
documents of the General Partner which are solely being made to accommodate concerns or
modifications that the General Partner alone is requiring); and (viii) all expenses incurred
with the formation of an alternative investment vehicle or parallel fund (which shall be borne
solely by limited partners participating in such alternative investment vehicle or parallel
fund).

The Adviser has the right to perform corporate and other services for the Funds and to receive
compensation for those services. The Funds will incur brokerage and other transaction costs
which are more fully discussed in Item 12.

The specific manner in which fees are charged by the Adviser is established in each client’s
written Governing Document, the terms of which may differ from those described above. The
Adviser may negotiate a specific fee arrangement with a particular client pursuant to a side
letter or other account agreement.

Item 7 – Types of Clients

The Adviser provides investment management services to its clients, the Funds. Investors in
the Funds may include certain qualified individuals, corporate pension and profit‐sharing
plans, charitable institutions, foundations, endowments, municipalities, private investment
funds, trust programs, and other U.S. and international institutions. Funds typically have a
minimum investment amount. This amount, which may vary from Fund to Fund, may be
waived by the Fund’s General Partner.