Unimar Financial Services LLC

FEES AND COMPENSATION [Item 5]

Fee Schedules [Item 5.A.]

Generally and pursuant to contract, clients pay a fee based upon the percentage of assets under
management at fixed annual rates, generally 1% and subject to negotiation. The compensation
method is explained and agreed with the Client in advance before any services are rendered.
Management fees may be billed monthly or quarterly in arrears pursuant to the written investment
management agreement.

Fees for our Funds depend upon the vehicle and strategy. Funds typically pay a management fee
based upon the percentage of assets under management at fixed annual rates. The specific
manner in which fees are charged by Unimar is established in the Funds’ Private Placement
Memoranda.

Performance fees, if any, generally will be an annual percentage rate of the net realized and
unrealized profits for each year (the “Performance Fee”). In certain cases, the Performance Fee
may be charged after restoration of any losses carried forward from prior years and, in certain
cases, after achieving a threshold annual return on invested capital at varying rates. Generally the
annual percentage rate of Performance Fee will be 10% of the net realized and unrealized profits,
subject to negotiations. Performance Fees generally will be charged after the close of each
calendar year.

Deduction of Fees [Item 5.B.]

Clients typically are charged quarterly in arrears for fees incurred. For our Funds, fees will be
typically deducted monthly in arrears from the Fund’s account.

Other Fees and Expenses [Item 5.C.]

Unimar does not charge additional types of fees or expenses for separate account Clients. Some
of the client accounts may be sub-advised by independent non-US advisers. These sub-advisers
are generally not registered with the SEC. The investment management agreements with these
clients have a two-tiered fee structure wherein the Investment Manager pays out all the
management fee as a sub-advisory fee to the sub-adviser with respect to the portion of an account
that consists of funds managed by the Investment Manager. The Investment Manager is
compensated through its management fee charged to the funds and does not impose an additional
fee on these managed account clients. For the portion of the accounts not invested in the
Investment Manager’s funds, the Investment Manager retains from the management fee as its
compensation an amount equaling generally between 0.2% and 0.5% of the monthly average Net
Asset Value of the account and pays out the rest of the management fee to the sub-adviser.

Funds also pay their own fund-level expenses (e.g., fund administration, audit, tax and legal) in
connection with operating the Fund.

All Clients and Funds incur brokerage and other transaction costs; see “Brokerage Practices.”

Prepaid Fees [Item 5.D.]

None of our Clients or Funds prepay fees.

Compensation for the Sale of Securities [Item 5.E.]

Neither Unimar nor any of its supervised persons accepts compensation for the sale of securities
or other investment products.

PERFORMANCE-BASED FEES AND SIDE-BY-SIDE MANAGEMENT [Item 6]

Unimar has adopted Trading and Trade Allocation policies that govern the treatment of Funds
with different fee structures and the potential conflicts of interest that these fee structures might
present. All Unimar employees must adhere to these trading and trade allocation policies and all
employee policies and procedures in place at the Advisor. As a general rule, trades from similar
strategies are allocated to our various Clients or Funds pro rata based on assets under
management. The intent of this policy is that assets cannot be allocated on a preferential basis to
any one account. It is possible for the allocation policy to be applied differently in instances
where one Client or Fund has a higher cash position as compared to other Clients or Funds using
a similar strategy due to, among other reasons, account funding.

In addition to management fees, Unimar will receive a performance fee or allocation from some
of the Funds that it manages. The calculation of the performance fee or allocation is described in
each Fund’s Private Placement Memorandum. In general, for each Fund, Unimar will be entitled
to a performance fee or allocation in respect of each fund investor’s capital account generally
equal to ten percent (10%) of the appreciation in the net asset value of the Fund as described in
the client’s written agreement with Unimar or the Fund’s Private Placement Memorandum. The
performance fee may also be subject to a Highwater Mark as described in the client’s written
agreement with Unimar or the Fund’s Private Placement Memorandum.

If in the future, Unimar manages accounts that are not charged consistently, performance-based
fee arrangements may create an incentive for Unimar to recommend investments which may be
riskier or more speculative than those which would be recommended under a different fee
arrangement. Such fee arrangements may also create an incentive to favor higher fee paying
accounts over other accounts in the allocation of investment opportunities. In such cases, Unimar
would have procedures designed and implemented to ensure that all clients are treated fairly and
equally, and to prevent this conflict from influencing the allocation of investment opportunities
among clients.

TYPES OF CLIENTS [Item 7]

Unimar primarily provides portfolio management services to pooled investment vehicles as well
as accredited investors and qualified clients on a discretionary basis.

Generally, the minimum dollar value of assets required to establish an investment advisory
account is $1,000,000. However, Adviser reserves the authority to waive the account minimum
as it deems appropriate.

Details concerning applicable suitability criteria for investment in the Funds are set forth in the
respective Fund’s prospectus and subscription application materials or investment management
agreement.

METHODS OF ANALYSIS, INVESTMENT STRATEGIES AND RISK OF LOSS