Alumni Ventures Professional-Grade Venture Portfolios Unlocking Your Financial Potential with Alumni Ventures | 4 Tier Lifetime Committed Capital Fee Reduction Effective Fee Rate Tier 1 $0 to $500K 0% 20% Tier 2 >$500K to $750K 1% 19.8% Tier 3 >$750K to $1M 2% 19.6% Tier 4 >$1M to $3M 3% 19.4% Tier 5 >$3M to $5M 4% 19.2% Tier 6 >$5M to $10M 5% 19.0% Tier 7 >$10M 7.5% 18.5% AV may offer different fee reductions for funds offered through or in conjunction with financial partners or with respect to certain bespoke funds for certain institutional investors or other specialized or new investment funds or offerings. All tier rewards remain subject to change at the discretion of AV without notice to investors. Lifetime Committed Capital includes all capital committed to Alumni Ventures funds and management company. Committed Capital Rewards1 Your cumulative Committed Capital is available on your Dashboard in your Investor Portal. The associated Tier and fee rate will be locked in for a particular investment upon the day that you sign your subscription agreement. If your investment crosses you into a subsequent threshold, you will earn the larger of the two fee reductions for that investment. 1 As of January 1, 2024. Previous program sunsetted 12/31/2023.