Vennlight Capital Management LP

Item 5 - Fees and Compensation

The Firm currently serves as a sub-advisor to a single Client. Our Client is charged a Performance Fee, the
percentage of which is negotiated with the Client and paid in arrears directly from each Client’s
administrator on an annual basis. The payments and terms are subject to each Client’s Investment
Management Agreements and may be individually amended from time to time.

In addition to the Performance Fee, each Client will bear their own expenses and their pro rata share of
the expenses of the Firm as negotiated with each Client. Expenses may include, but are not limited to,
trading expenses, brokerage commissions and other transaction charges, fees and expenses incurred in
the borrowing and lending of securities, interest, margin expense and other financing charges charged to
the Account attributable to the acquisition of securities or other assets by the Account and the acquisition
by a Client of financing to fund the Account, custodial fees, bank service fees, transfer taxes, withholding
taxes, and other fees and expenses directly related to the purchase, sale or other disposition of Account
assets, pass-through expenses for market research and other out-of-pocket charges or expenses paid by
any Client on behalf of or for the benefit of the Firm.

VennLight Capital does not accept compensation for the sale of securities or other investment products.

Vennlight Capital: Part 2A                                                                       Page 5

Item 7 - Types of Clients

VennLight Capital oversees a single pooled investment vehicle, which is considered its Client. Investments
in the sub-advised account are separately negotiated directly with the sponsor. VennLight Capital may
waive or increase minimum account sizes and decline to accept new investments in its sole discretion.
The initial pooled investment vehicle Client is sponsored by a sophisticated institutional investment
adviser.