Truck Capital Management LLC

Item 5: Fees and Compensation

Item 5.A.

Management Fee

In connection with providing investment advisory services to the Feeder Funds, the Master Funds will pay
TCM a quarterly management fee equal to 1.5% and/or 2.0% per annum of (i) each Investor’s capital account
attributable to certain interests or (ii) the net assets of the Fund attributable to certain shares (the
“Management Fee”). The specific payment terms and other conditions, including reduction thresholds, of
the Management Fee payable to the Adviser are set forth in the applicable offering documents.

Truck Capital Management GP LLC and Truck Capital Vietnam GP LLC (each a “General Partner", and
together the “General Partners”), affiliates of TCM, and TCM, in their discretion, may reduce or modify
the Management Fee with respect to any Investor, employee, or affiliate of the General Partners or TCM and
certain other related persons.

Incentive Allocation

An incentive allocation for the General Partners will be received at the Master Fund level and is generally
equal to 15% or 20% per annum of net profits of certain interests or shares, subject to a loss carryforward
provision (the “Incentive Allocation”). The specific terms and other conditions of the Incentive Allocation
payable to the General Partners are set forth in the applicable offering documents.

The General Partners, in their sole discretion, may reduce or modify the Incentive Allocation with respect to
any Investor, employee, or affiliate of the General Partners or TCM and certain other related persons.

Item 5.B.

TCM will indirectly deduct Management Fees and Incentive Allocations from the Funds through the
administrator.

Item 5.C.

Other Fees Earned and Expenses Allocated by the Adviser

The Adviser will render its services to the Funds at its own expense and will be responsible for its overhead
expenses including: research and due diligence fees and expenses, including travel, lodging, and related
expenses; office rent; furniture and fixtures; stationery; secretarial/internal administrative services; salaries
and bonuses; entertainment expenses; employee insurance; and payroll taxes.

All other expenses will be paid by the Funds (or by the Master Funds and allocated to the Funds) and will
include the fees payable to the Adviser; Fund legal, compliance, and trading-related technology software
costs deemed by the Adviser to benefit the Fund such as portfolio, order, compliance, and risk management
systems, administrator, audit, and accounting expenses (including third-party accounting services);
shareholder proxy voting services; organizational expenses; investment expenses such as commissions;
interest on margin accounts and other indebtedness; borrowing charges on securities sold short; custodial
fees; bank service fees; Fund-related insurance costs (including D&O and E&O insurance for the Adviser,
the General Partners and outside directors); directors’ fees and expenses; the Funds’ pro rata share of the
expenses of the Master Funds (which may include expenses of the Funds and other feeder vehicles that invest
in the Master Funds); and any other expenses related to the purchase, sale, or transmittal of Fund assets.
Organizational expenses of the Funds will be paid by the Funds and, for net asset value purposes, may be
amortized over a period of up to 60 months from the date the Funds commence operations.

Item 5.D.

Truck Capital Partners LP and Truck Capital Vietnam Opportunity Fund, LP

The Management Fee will be paid quarterly in advance, based on the value of each Investor’s capital account,
as of the first “Business Day” of each calendar quarter. (For purposes of this document, a “Business Day”
will mean any day on which banks are open in New York.)

Truck Capital Offshore, Ltd. and Truck Capital Vietnam Opportunity Offshore Fund, Ltd.

The Management Fee will be paid quarterly in advance, based on the value of the net assets of the Fund as
of the first Business Day of each calendar quarter.

Item 5.E.

Not Applicable. Neither TCM nor any of its supervised persons are compensated for the sale of securities or
other investment products and mutual funds.

Item 7: Types of Clients

TCM provides discretionary investment management services to high-net worth individuals and institutional
clients through privately offered pooled investment vehicles, (as described in Item 4.B.) and may also provide
to separately managed accounts in the future.

The minimum investment required to invest in the Funds is $1 million. The Adviser, in its sole discretion,
may waive or reduce the minimum investment amount in certain circumstances. The respective minimum
subsequent subscription amounts required by Investors in the Funds are detailed within the offering
memorandum.