Trill Impact Advisory Inc

Item 5: Fees and Compensation

Fees
The following is a general description of fees, compensation, and expenses of the Funds. Trill
Impact (US)’s fee and compensation arrangements vary depending on the particular Fund, and
certain Funds do not charge certain fees, compensation, or expenses that other Funds charge.
The specific terms of such arrangements are set forth in each Fund’s governing documents.

Trill Impact (US) expects to receive a management fee from the Discretionary Fund which will
be set out in the Fund’s governing documents. Further information will be added as the
Discretionary Fund’s governing documents are finalized.

The Manager of each EU Fund pays the Adviser an investment advisory fee as agreed between
the parties, pursuant to the terms of the investment advisory agreement in place between the
Manager of an EU Fund and Trill Impact (US). Generally, the Manager shall pay Trill Impact
(US) such arm’s length fees as may from time to time be agreed. However, the fees will not be
borne by the EU Funds themselves.

Additional Fees and Expenses
Additional Fees and Expenses applicable to the Discretionary Fund will be set out in the
relevant Governing Documents. Further information will be added as the Discretionary Fund’s
governing documents are finalized.

The EU Funds pay to the General Partner or an affiliate thereof, as the case may be, a priority
profit share and, additionally, carried interest in respect of the EU Fund will be distributed to a
Trill Impact Carried Interest Partner (as defined in the applicable governing documents) and in
accordance with the applicable EU Fund governing documents. The priority profit share and/or
carried interest may be reduced or waived for certain limited partners in the discretion of the
General Partner or an affiliate thereof, as the case may be.

In addition to the priority profit share and carried interest, if applicable, the EU Funds bear (to
the extent not reimbursed by a portfolio company or other third-party) certain costs and
expenses incurred by the General Partners, Manager, Adviser and/or their affiliates in
connection with the operation and activities of the EU Funds. Accordingly, Investors in the EU
Funds will be responsible for paying their pro rata share of EU Fund expenses as set forth in the
applicable EU Fund governing documents. EU Fund expenses include:

We do not have authority to withdraw assets from any client account for payment of fees and
expenses. However, as further described in Item 15 below, certain of our affiliates do have
authority to do so.

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Item 7: Types of Clients
As noted in Item 4 above, we provide advice solely to the Funds or their General Partners or
Managers, as applicable. Generally, each Fund will be subject to a minimum Investor
commitment as set forth in the applicable Fund governing documents. Such minimum
investment may be waived or reduced in the sole discretion of the General Partner of the
applicable Fund.

The Funds are not subject to regulation under the Investment Company Act of 1940, as
amended (the “Investment Company Act”). Criteria for investment in the Funds are set out in the
Funds’ governing documents. Generally, limited partner interests in the Funds may be
purchased only by Investors that are (a) “accredited investors,” as defined in Regulation D
under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and “qualified
purchasers” for purposes of section 3(c)(7) of the Investment Company Act or (b) persons who
are not “U.S. persons” for purposes of Regulation S under the Securities Act.

Persons reviewing this brochure should not construe this as an offer to sell or solicitation of an
offer to buy the securities of any of the Funds described herein. Any such offer or solicitation will
be made only by means of the applicable Fund’s governing documents.

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