Washington Harbour Partners LP

Item 5: Fees and Compensation

As an investment adviser to the Funds, as further described in the Offering Documents, Washington
Harbour receives a management fee.

Enduring Advantage Fund

Enduring Advantage Fund pays Washington Harbour an annual management fee of 2.0% that is paid
quarterly (1/4 of the annual management fee) in advance on the first business day of each quarter with
respect to the total commitments of the Fund.

Management fees are generally pro-rated for partial periods. Once paid, management fees are non-
refundable.

Washington Harbour intends to reduce, waive or calculate differently the management fee for certain

 Washington Harbour Partners, LP                                            Form ADV Part 2A

Investors, including but not limited to, members, employees and affiliates of Washington Harbour.

Opportunities Funds

The Opportunities Master Fund pays Washington Harbour an annual management fee, that is paid
quarterly (equal to 1/4 of the annual management fee) in advance on the first business day of each calendar
quarter, depending upon the net asset value of each Series A, Series B, and Series C of the Opportunities
Master Fund.

The annual management fee for a Series A, Series B, and Series C Investor is currently 1.25%.

The annual management fee for a Series A, Series B, and Series C Investor will be reduced to 1.0% when
the assets under management in the Opportunities Master Fund is equal to $1 billion.

Upon the assets under management in the Opportunities Master Fund reaching $2 billion, the annual
management fee for a Series A, Series B, and Series C Investor will be reduced to 0.75%.

Management fees are generally pro-rated for partial periods. Once paid, management fees are non-
refundable.

The Firm or its affiliates intend to reduce, waive or calculate differently the management fee for certain
Investors, including but not limited to, members, employees and affiliates of Washington Harbour.

Federal IT Funds, Digital Mission Funds, Cyber Funds, Trusted Space Funds, and GS Funds

The Federal IT Master Fund, Digital Mission Fund, the Cyber Master Fund, Trusted Space Fund, and GS
Fund each pay Washington Harbour an annual management fee of 2.0% that is paid quarterly (1/4 of the
annual management fee) in arrears on the first business day of each quarter with respect to the net
asset value of the immediately preceding quarter.

Management fees are generally pro-rated for partial periods. Once paid, management fees are non-
refundable.

Washington Harbour intends to reduce, waive or calculate differently the management fee for certain
Investors, including but not limited to, members, employees and affiliates of Washington Harbour.

SPVs

Each SPV pays one or more fees to Washington Harbour as specified in each summary term sheet for
each SPV. Fees charges include annual recurring management fees that range between 0% and 20%, one-
time management fees that range between 1% and 2%, and performance based fees that range between
0% and 20%.

Recurring management fees are generally pro-rated for partial periods. One-time management fees, once
paid, fees are non-refundable.

Washington Harbour intends to reduce, waive or calculate differently the management fee for certain
Investors, including but not limited to, members, employees and affiliates of Washington Harbour.

SMAs

Each SMA pays Washington Harbour a one-time management fee that ranges between 5.5% and 10%.
One-time management fees, once paid, are non-refundable.

Other Fees and Expenses

 Washington Harbour Partners, LP                                               Form ADV Part 2A

The Feeder Funds and the SPVs will bear their own expenses. The Feeder Funds will also bear their pro
rata share of the relevant Master Fund’s expenses, including, without limitation, Operating Expenses (as
hereinafter defined) and Organizational Expenses (as hereinafter defined), and shall reimburse Washington
Harbour, the General Partner or any of their respective affiliates for any Operating Expenses and
Organizational Expenses incurred by such persons.

Operating Expenses means all costs and expenses of operating and carrying on the business of, or
otherwise incurred by, or allocable to, the SPVs, the Feeder Funds, and the Master Funds and certain
expenses of Washington Harbour, including, without limitation: (i) all expenses incurred by the SPVs, the
Feeder Funds, the Master Funds, Washington Harbour, the General Partner and/or any of their affiliates in
connection with identifying, evaluating, structuring, consummating and financing the investments of the
SPVs and the Master Funds, including brokerage commissions, transaction costs, ticket charges, expenses
related to proxies, underwriting, private placements and short sales, clearing and settlement charges,
custodial fees, interest expenses and other financing charges (including initial and variation margin), broken
deal expenses, consulting (including relating to calls and conferences with expert networks), investment
banking and other professional fees relating to particular investments or contemplated investments,
expenses related to the formation and operation of the Feeder Funds and the Master Funds and any
vehicle through which the Master Funds may hold investments, including any expenses that may otherwise
qualify as eligible brokerage expenses under Section 28(e) of the U.S. Securities Exchange Act of 1934, as
amended (the “Exchange Act”), research-related expenses (including fees for news and quotation
equipment and connectivity costs and services, market and other research-related data services (including
among others, those often referred to as “alternative data”) and other fees paid to third-party providers
of research products and services including those that would otherwise constitute eligible research
under Section 28(e) of the Exchange Act, that are also eligible to be paid for using “soft dollars” and
...

Item 7: Types of Clients

Currently, Washington Harbour provides investment advice to the Funds and SMAs. Each of Fund’s
Offering Documents set forth the eligibility criteria and minimum investment requirements for Investors.
Initial and additional subscription minimums are disclosed in the Offering Documents for each Fund, which
may be waived at the discretion of Washington Harbour.

Enduring Advantage Fund

Each Investor generally must be (i) an “accredited investor”, as defined in Regulation D under the U.S.
Securities Act of 1933 (the “Securities Act”), and (ii) either a “qualified purchaser”, as defined in the
U.S. Investment Company Act of 1940 (the “Company Act”), or a “knowledgeable employee”, as
defined under Rule 3c-5 of the Company Act, and must meet other suitability requirements. Interests may
not be purchased by non-resident aliens, foreign corporations, foreign partnerships, foreign trusts or
foreign estates, all as defined in the Internal Revenue Code. The Subscription Agreement contains
representations and questionnaires relating to these qualifications.

Opportunities Domestic Fund

Each Investor generally must be (i) an “accredited investor”, as defined in Regulation D under the U.S.
Securities Act of 1933 (the “Securities Act”), and (ii) either a “qualified purchaser”, as defined in the
U.S. Investment Company Act of 1940 (the “Company Act”), or a “knowledgeable employee”, as
defined under Rule 3c-5 of the Company Act, and must meet other suitability requirements. Interests may
not be purchased by non-resident aliens, foreign corporations, foreign partnerships, foreign trusts or
foreign estates, all as defined in the Internal Revenue Code. The Subscription Agreement contains
representations and questionnaires relating to these qualifications.

Opportunities Offshore Fund

Each Investor generally must be either (i) a non-U.S. Person or (ii) a permitted U.S. Person that qualifies as
an “accredited investor,” as defined in Regulation D under the Securities Act, and either a “qualified
purchaser,” as defined in the Company Act, or a “knowledgeable employee,” as defined under Rule 3c-5
of the Company Act, and must meet other suitability requirements. The Subscription Agreement contains
representations and questionnaires relating to these qualifications.

 Washington Harbour Partners, LP                                             Form ADV Part 2A

The minimum investment for an Investor in the Domestic Opportunities Fund and the Offshore
Opportunities Fund is US $5,000,000. The minimum may be waived by Washington Harbour in its sole
discretion.

Federal IT Funds, Digital Mission Funds, Cyber Funds, Trusted Space Funds, and GS Funds
Each Investor at a minimum will be (i) an “Accredited Investor”, as defined in Regulation D under the U.S.
the Securities Act; and (ii) a “Qualified Client”, as defined in Rule 205-3 of the Advisers Act.

The minimum investment for an Investor in the Federal IT Fund, Digital Mission Fund, Cyber Fund,
Trusted Space Fund, and GS Fund is US $100,000. The minimum may be waived by Washington Harbour
in its sole discretion.