Tiger Global Management LLC

Item 5. Fees and Compensation

Asset-Based Compensation

The Adviser is generally paid an investment management fee equal to (i) 1.5% per annum of the
net assets of Tiger Global Investments, (ii) 1.25% per annum of the net assets of the Long
Opportunities Fund, and (iii) 1.5% per annum of the net assets of the Crossover Fund. Investment
management fees are charged each quarter in advance based on the client’s net asset value
(including net unrealized appreciation or depreciation of investments and cash, cash equivalents
and accrued interest) on the first day of the quarter. If a new investor account is established during
a quarter or an investor makes an addition to its account during a quarter the investment
management fee will be charged as of the effective date of the subscription or the date of the
additional contribution and will be prorated for the number of months remaining in the quarter.

The Adviser is generally paid an investment management fee equal to 1.75% - 2% per annum of
the capital commitments of each Private Equity Fund. Such fees are subject to reduction at the
end of the Private Equity Fund’s investment period, or an earlier date in certain circumstances,
based on criteria set forth in the relevant Private Equity Fund’s partnership agreement. Investment
management fees are charged to the Private Equity Funds each quarter in advance on the first
day of the quarter.

Performance-Based Compensation

An affiliate of the Adviser is paid performance-based compensation, which is compensation that
is based on a share of the realized or unrealized net profits or capital appreciation of the assets
of a client account. The Governing Documents of each Fund provide the definitive terms of such
compensation.

The performance-based compensation for Tiger Global Investments is 20% of net profits and is
subject to loss carryforward provisions, which may reduce such percentage to 10% until certain
loss recovery thresholds are met.

The performance-based compensation for the Long Opportunities Fund is 20% of net profits in
excess of a hurdle return and is subject to an underperformance carryforward provision and a
clawback provision.

The performance-based compensation for the Crossover Fund is 20% of net profits and, except
with respect to certain private assets, is subject to loss carryforward provisions, which may reduce
such percentage to 10% until certain loss recovery thresholds are met.

The performance-based compensation for the Private Equity Funds is between 20% and 25% of
each Private Equity Fund’s net profits. In certain cases, the performance-based compensation
varies within those ranges based on the performance of the relevant Private Equity Fund. The
performance-based compensation for the Private Equity Funds is subject to a clawback provision
that is more fully described in each Fund’s Governing Documents.

Co-investment vehicles may be offered on a no-fee basis or subject to asset-based and/or
performance-based fees that are lower than the fees described above.

Fee and Expenses Generally

The Adviser waives and modifies its investment management fees and performance-based
compensation in its discretion (see also below regarding “side letters”). Additionally, for purposes
of any management fee or other discount, the Adviser may, in its sole discretion, aggregate an
investor’s investment with those of its affiliates, related investment entities or advisory
relationships.

The Adviser will also establish and/or manage for compensation, additional investment funds
and/or accounts in the future.

Investment management fees are deducted and paid to the Adviser or its affiliates from the assets
of the relevant client accounts. Performance-based compensation is reallocated to affiliates of the
Adviser from the assets of the relevant client accounts.

An investor may obtain a refund of a pre-paid fee if the advisory contract is terminated before the
end of a billing period. The amount refunded will be determined on a pro rata basis calculated
based on the number of months remaining in the quarter.

The Adviser and its affiliates have entered, and anticipate in the future entering into, agreements,
or “side letters,” with certain prospective or existing investors whereby such investors are, or will
be, subject to terms and conditions that are more advantageous than those set forth in the
Governing Documents. For example, such terms and conditions may provide for special rights to
make future investments in a Fund, including at differing or preferential economic terms;
accommodating legal, regulatory and/or compliance-related investment restrictions and other
legal, regulatory, tax and/or compliance-related matters; and such other rights as may be
negotiated by the Adviser and such investors. The modifications are solely at the discretion of the
Adviser.

Neither the Adviser nor its supervised persons accepts compensation for the sale of securities or
other investment products, including asset-based sales charges or service fees.

The Funds incur expenses in accordance with the Funds’ Governing Documents, such as
expenses in connection with, among other things, brokerage services discussed in Item 12; fund
administration, including, but not limited to, fees associated with a third-party administrator,
investor capital activity and document processing (including electronic document platforms and
investor portals), and anti-money laundering and know-your-customer diligence; legal, tax
advisory, accounting, auditing and other professional expenses; fees and expenses of any
independent committees (as further discussed in Item 11) and any professional advisors retained
by such independent committees; Fund counterparty and vendor diligence; regulatory and
compliance filings and reporting expenses and filing fees relating to the Funds (including, but not
limited to, Section 13, Section 16, Form PF, Hart-Scott Rodino, Form D and Blue Sky filings, Form
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Item 7. Types of Clients

The Adviser’s clients consist of the Funds.

The initial and additional subscription or capital commitment minimums are disclosed in the
Governing Documents of the investment vehicles.