TYR Capital Advisors LLC

Item 5.      Fees and Compensation

The Firm’s fees and compensation will be described in each client’s Governing Documents.

Management Fees

The Firm receives a management fee (the “Management Fee”) from the Funds quarterly in advance based
on the capital commitments of each limited partner. Management Fees are equal to 1.5% per annum of
aggregate commitments by the limited partners from a Fund’s initial closing through the end of the
commitment period or the date any subsequent fund beginning to accrue management fees (as defined
and described in detail in the Funds’ Governing Documents). Thereafter, the Management Fee shall equal
1.5% per annum of aggregate capital contributed to investments (i.e., invested capital) for any investment
that has not been disposed of. Once paid, the Management Fee will be non-refundable. The Firm will
directly deduct Management Fees from each Fund. However, the Firm expects that it may waive or modify
the Management Fee payable with respect to any investor at its discretion. In addition, certain of the
Firm’s affiliates may receive an Asset Management Fee in exchange for Asset Management Services,
described in more detail in Item 10 – Other Financial Industry Activities and Affiliations. Asset
Management Fees paid to an affiliate will not reduce or offset Management Fees.

Tyr Capital Advisors, LLC                                                                    Form ADV Part 2A

Further, a Fund’s share of any arrangement, origination, structuring, commitment, consulting, directors’,
investment banking, advisory, break-up, closing, transaction, financing and monitoring fees shall offset
the Management Fee, as described in detail in the Funds’ Governing Documents.

Carried Interest

The General Partner will be entitled to receive carried interest from the Funds, as further described in

Item 7.      Types of Clients

Investors in the Funds include, or are generally expected to include, insurance companies, financial
institutions, pension funds, endowments, corporations, and other institutional investors that qualify as
“accredited investors” (as defined in Rule 501 under the Securities Act of 1933, as amended) or qualified
purchasers. The minimum initial investment in the Funds will be determined by the Firm and set forth in

Tyr Capital Advisors, LLC                                                                     Form ADV Part 2A

the Funds’ Governing Documents. Generally, the Firm requires a minimum commitment of $5 million in
a Fund. The Firm may waive such minimum under certain circumstances.