Triavera Capital LLC

Item 5 – Fees and Compensation

Management Fees

The fees and compensation payable to Triavera are negotiable. From the Fund, Triavera typically
receives, as to each Investor, a quarterly management fee (“Management Fee”) to be paid in arrears,
calculated at the rate of 0.375% (i.e. 1.5% per annum) of the value of each Investor’s capital account.

The Management Fee is paid quarterly, in arrears, together with other fees described below and is
deducted from the Funds’ assets. In the event the Fund is not in existence for an entire quarter,
the Management Fee for such quarter will be prorated. The Management Fee will be prorated for
any capital contributions or withdrawals occurring during the quarter that is less than a full quarter.
Triavera, in its sole discretion, may waive or reduce the Management Fee for Investors.

Performance Allocation

With respect to certain clients, Triavera Capital SLP, LP, an affiliate of the General Partner and
Triavera, may receive an performance allocation based on net profits. Details regarding any
performance allocation are set forth in the next section entitled, “Item 6. Performance-Based Fees
and Side-By-Side Management.”

Expenses

Fees paid to Triavera are exclusive of all custodial and transaction costs paid to the client’s
custodian, brokers or other third-party consultants. Please see Item 12 – Brokerage Practices for
additional information. Fees paid to Triavera are also separate and distinct from the fees and
expenses charged by mutual funds, exchange traded funds (“ETFs”) or other investment pools to their
shareholders (generally including a management fee and fund expenses, as described in each fund).
Each client (and each Investor) should review all fees charged by funds, brokers, Triavera and others
to fully understand the total amount of fees paid by the client (and each Investor) for investment and
financial-related services. Triavera may, at its discretion, make exceptions to the foregoing or
negotiate special fee arrangements where Triavera deems it appropriate under the circumstances.

Either Triavera or the client may terminate their investment advisory agreement at any time, subject
to any written notice requirements in such agreement. In the event of termination in accordance with
its terms, any paid but unearned fees will be promptly refunded to the client based on the number of
days that the account was managed, and any fees due to Triavera from the client will generally be
invoiced or deducted from the client’s account prior to termination.

Compensation for Sale of Securities or Other Investment Products

Triavera does not receive compensation for securities transactions or services related to any client
account or any other fees other than the management fee and performance allocation charged for
its advisory services.

Triavera Capital, LLC
Form ADV Part 2A

Item 7 – Types of Clients

Triavera’s clients (and Investors therein) may include the Funds, institutional entities, high net
worth individuals, families, trusts, foundations, sovereign wealth funds, private or public pension
plans and endowments. Triavera’s minimum subscription in its private funds are:

     •   $2,000,000 for Triavera Capital Partners, LP
     •   $2,000,000 for Triavera Capital Partners (Maple Leaf), LP

 Triavera may waive this minimum in its sole discretion.

 Triavera may allow certain Investors to invest in a Fund on different business terms than other
 Investors. For example, a Fund may agree to provide certain Investors additional information from
 the information made available to the other Investors in a Fund. Triavera also may agree to
 provide certain Investors with a fee arrangement that differs in structure and amount from that
 generally available to other Investors in the Fund. In determining whether to allow an Investor to
 participate in a Fund on different business terms, Triavera may consider a number of different
 factors including, but not limited to, Triavera’s belief about whether the different terms will
 adversely affect the other Investors in a Fund considered as a group; such Investor’s objectives in
 requesting or accepting such terms; whether such Investor is under legal, regulatory or “best
 practices” obligations to request such terms; and/or whether granting such terms is in any respect
 inconsistent with representations made by a Fund or Triavera to Investors. Triavera’s overarching
 goal is to have the same level of transparency with any Investor and not to favor the interests of
 one Investor over another.

Triavera Capital, LLC
Form ADV Part 2A