Company: CODI-PB
Filing Date: 2025-12-08
Form Type: 10-K/A
Source: 0001345126-25-000078
Chunk: 322

Company: Compass Diversified Holdings
Filing Date: 2025-12-08
Form: 10-K/A
Chunk 322
---
 MSA. The management fee is required to be paid prior to the payment of any distributions to shareholders.

Pursuant to the MSA, CGM is entitled to enter into off-setting management service agreements with each of the operating segments. The amount of the fee is negotiated between CGM and the operating management of each segment and is based upon the value of the services to be provided. The fees paid directly to CGM by the segments offset on a dollar for dollar basis the amount due CGM by the LLC under the MSA.

At December 31, 2023, CGM entered into a waiver to exclude cash balances held at the LLC from the calculation of the management fee.

During 2022, CGM entered into a waiver of the MSA for the period through June 30, 2023 to receive a 1% annual management fee related to PrimaLoft, rather than the 2% called for under the MSA, which resulted in a lower management fee than would normally have been due during this period. At March 31, 2022 and June 30, 2022, CGM entered into a waiver to exclude cash balances held at the LLC from the calculation of the management fee.

See " Note T - Subsequent Events " for additional information concerning the Management Services Agreement.

<div align='center'>F-77</div>

### COMPASS DIVERSIFIED HOLDINGS

### NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
For the years ended December 31, 2024, 2023 and 2022, the Company incurred the following management fees to CGM, by entity:

|                   | (in thousands) | Year ended December 31, |   2024 |     |   |   2023 |     |   |   2022 |
|:------------------|:---------------|:------------------------|-------:|:----|:--|-------:|:----|:--|-------:|
| 5.11              |                | $                       |  1,000 |     | $ |  1,000 |     | $ |  1,000 |
| BOA               |                |                         |  1,000 |     |   |  1,000 |     |   |  1,000 |
| Lugano            |                |                         |    750 |     |   |    750 |     |   |    750 |
| PrimaLoft