TRGP Investment Partners LP

Item 5. Fees and Compensation

The Adviser generally charges its Clients an investment management fee (the “Management Fee”) based
on a percentage of assets under management as set forth in the Governing Documents. In additions, the
Clients are generally subject to an incentive fee or incentive allocation (collectively, the “Performance Fee”)
calculated as a percentage of all income, gains and losses derived from portfolio investments, as set forth
in the Governing Documents. At times, the Adviser or its affiliates are compensated based on their equity
ownership through a realization waterfall, as defined in the applicable Client’s Governing Documents. With
respect to the Separately Managed Account(s), TRGP generally changes a performance fee as negotiated
with the respective Client.

TRGP may, in its sole discretion, waive or modify the Management Fee and the Performance Fee for
investors that are members, employees or affiliates of the Adviser, for relatives of such persons, or any
other strategic investor.

Clients will generally bear its own expenses including investment and operational expenses, as set forth in
the Governing Documents. The Client will either directly pay for or reimburse the Adviser or its affiliate
for such expenses. Such expenses borne by Clients, without limitation, at times will include: legal,
accounting, auditing and other professional expenses; tax preparation and other tax related expenses;

administrator and other service provider fees and expenses; fees, expenses and commissions paid to third-
parties and affiliates in connection with a Client’s investments; insurance expenses (including directors’
and officers’ insurance, errors and omissions insurance, fidelity insurance and other similar policies and
premiums); organizational expenses; placement agent fees, expenses of regulatory filings and reporting;
fees and expenses related to negotiating agreements with investors, including side letters; expenses incurred
in connection with Client investments, including, without limitation, expenses related to conducting due
diligence on prospective claims, and services, all travel expenses related to meeting with investors, potential
investors, plaintiffs, research analysts, consultants or other professionals, and/or attending any conference,
seminar or event, all transaction and investment-related costs and fees; all fees and other expenses incurred
in connection with the investigation, prosecution or defense of any claims, assertion of rights or pursuit of
remedies, by or against the Client, including costs of indemnification; custodial and banking fees.

Item 7. Types of Clients

The Adviser’s Clients are (i) private investment funds and pooled investment vehicles, all suitable for
accredited, institutional and other sophisticated investor and (ii) other sophisticated investors such as
investment advisors. Any minimums for Investors or Clients are disclosed in the applicable Governing
Documents.