Wishbone Management LP

Item 5.        Fees and Compensation

The Adviser typically does not charge an advisory fee. The Adviser (or an affiliate of the Adviser) does
receive performance-based compensation as further described in Item 6.

The fees charged by the Adviser or its affiliates to private funds which it advises, including any
investment advisory fees and performance-based fees, are described in the legal documentation for such
private funds.

Clients are subject to other expenses such as brokerage commissions and costs associated with foreign
exchange transactions, among others. Client assets may be invested in money market mutual funds or
other registered or unregistered investment companies, private funds or other investment entities. In
these cases, the client bears its pro rata share of the investment management fee and other fees of the
fund in which the assets are invested. The management and other fees of the fund in which assets are
invested are described in the fund’s legal documentation. Please refer to Item 12 of this Firm Brochure
for a discussion of the Adviser’s brokerage practices.

Item 7.        Types of Clients

The Adviser’s clients consist of private funds. Any initial and additional subscription minimums are
disclosed in the legal documents for such private fund clients.