Visium Asset Management LP

ITEM 5 – FEES AND COMPENSATION
                                            Management Fees

As of December 31, 2017, Visium has waived its right to payment of Management fees from all of its
Advisory Clients.

                                     Incentive Fees And Allocations

Incentive fees payable to Visium or incentive allocations allocable to Visium or its affiliates vary by
Advisory Client and are established pursuant to each Advisory Client’s Governing Documents. Incentive
fees and allocations generally are charged at year end at a rate of 20% of net annual profits to each
Advisory Client, or to capital accounts maintained by each Advisory Client for its investors. Net profits
include both realized gains and losses and unrealized appreciation and depreciation of securities held in
the Advisory Clients’ portfolios. Incentive fees and incentive allocations are generally reduced by a loss
carry forward limitation, which requires that prior unrecouped net losses be made up before incentive
fees are paid or incentive allocations are made.

Visium in its discretion may waive or reduce incentive fees, carried interest and allocations for certain
large or strategic investors or for certain classes of investors, including employees and affiliates of Visium.
                                                 Expenses

Expenses paid by the Advisory Clients include: management fees (as charged); legal, compliance, audit
and accounting expenses (including third party accounting services); administrative fees and expenses;
organizational expenses; investment expenses such as commissions, research fees and expenses
(including research- related travel expenses and consulting expenses); interest on margin accounts and
other indebtedness; borrowing charges on securities sold short; custodial fees; Advisory Client-related
insurance costs; Advisory Client-related technology costs; an Advisory Client’s pro rata share of the
expenses of the relevant master fund; directors’ fees and expenses, including the cost of directors’
insurance (for non-U.S. domiciled funds); and any other expenses related to the purchase, sale or
transmittal of Advisory Client assets. Please refer to Item 12 of this Brochure for a description of Visium’s

ITEM 7 – TYPES OF CLIENTS
Visium provides investment management and sub-advisory services to pooled investment vehicles
operating as private investment funds.

The Advisory Clients no longer offer interests/shares to investors.