ABR Dynamic Funds LLC

ITEM 5 – Fees and Compensation

A.      Investment Management Fees
        Registered Investment Companies
        ABR is entitled to receive investment management fees, as a percentage of average net assets,
        at the following rates:

ABR DYNAMIC FUNDS, LLC                                                         June 9, 2026

File No. 801-80044

               ABR Dynamic Blend Equity & Volatility Fund      1.75%
               ABR 50/50 Volatility Fund                       2.50%
               ABR 75/25 Volatility Fund                       2.50%
       Non-U.S. Pooled Vehicles
       ABR is entitled to receive investment management fees, as a percentage of net assets, at the
       following rates:
               ABR Dynamic Blend Equity & Volatility Fund      1.00% - 2.25% (depending on share
                                                               class)
               ABR 75/25 Volatility UCITS Fund                 1.00% - 2.00% (depending on share
                                                               class)
       ABR Private Funds
       ABR receives investment manager fees, as a percentage of monthly net assets, at the following
       rates:
       ABR Dynamic Multi-Asset Offshore Fund 2X LP*
               Institutional Class                             1.50%
               Investor Class I                                2.00%
       * ABR does not receive a separate investment management fee from the ABR Dynamic Multi-
       Asset Offshore Fund 2x LP as long as substantially all of its assets are invested in the ABR
       Dynamic Multi-Asset Fund 2x LP.

B. Payment of Fees

       Investment management fees charged to Registered Investment Company Clients are based on
average net assets, computed daily and payable monthly in arrears.
         Investment management fees charged to Non-U.S. Pooled Vehicle Clients are based on net
assets, computed daily and payable monthly in arrears. The ABR 75/25 Volatility UCITS Fund may also
earn performance-based fees in accordance with the Fund’s supplement.
         Investment management fees charged to Private Fund Clients are based on net asset values as
of the first business day of each month and are payable monthly. The ABR Dynamic Multi-Asset Fund 2X
LP may also earn performance-based compensation in accordance with its Private Offering
Memorandum.

C. Other Fees and Charges

       In addition to paying investment management fees, the Clients are also subject to other
expenses such as custodial charges, administrative, audit, brokerage fees, commissions and related

ABR DYNAMIC FUNDS, LLC                                                                June 9, 2026

File No. 801-80044

costs, interest expenses and taxes. ABR may limit the impact of these other expenses on investors in the
funds by reimbursing or capping them.

D. Prepayment of Fees

         There are no prepayments of advisory fees.

E. Additional Compensation

        ABR does not receive additional compensation.

ITEM 7 – Types of Clients
         ABR provides investment advisory and portfolio management services on a discretionary basis
for RICs, non-U.S. pooled investment vehicles registered with the Central Bank of Ireland (i.e., UCITS
sub-funds) and private funds.
        Account Minimums for the RICs and the other pooled investment vehicles are disclosed in each
Fund’s governing documents.

                  ITEM 8 – Method of Analysis, Investment Strategies and Risk of Loss
        As noted above, ABR is the investment manager for registered investment companies, UCITS
sub-funds and private funds. Each Fund has different investment objectives, policies and restrictions
which are set forth in each Fund’s offering documents, including (but not limited to) Prospectuses,
Supplements and private placement memoranda. Each Fund’s investment strategies are model-based
strategies that employ technical indicators of historical volatility levels. The private funds utilizes a multi-
asset approach that includes but is not limited to volatility elements; it also makes investments in equity
and fixed income securities, as well as commodities contracts. More information on the investment
process for each Fund is contained in the Fund’s offering documents.
       The main source of information that ABR’s investment personnel use is quantitative data
provided by third-party vendors.

ABR DYNAMIC FUNDS, LLC                                                              June 9, 2026

File No. 801-80044

Certain Risks
         Each Fund carries different levels of risks based on the strategy it invests in. All securities and
other investments include a risk of loss of principal and any profits that have not been realized.
Performance of any investment is not guaranteed. ABR cannot guarantee any level of performance and
cannot guarantee that investors will not experience a loss of value in any of the Funds. While the
information provided below is not intended to describe all of the risks associated with a particular
investment by the Funds, some of the additional specific risks to which client assets may be susceptible
include:
General Risks
        Volatility Risk. The risk that an investment appreciates or decreases significantly in value over
short periods of time. This may cause a Fund’s net asset value per share to experience significant
increases or declines in value over short periods of time.
          Futures Contracts Risk. The primary risks associated with the use of futures contracts are (i) the
imperfect correlation between the price of the contract and the change in value of the underlying asset;
(ii) possible lack of a liquid secondary market for a futures contract and the resulting inability to close
such a contract when desired; (iii) losses caused by unanticipated market movements, which are
potentially unlimited; (iv) the inability to predict correctly the direction of securities prices, interest
rates, currency exchange rates and other economic factors; (v) the possibility that the counterparty to a
contract will default in the performance of its obligations; and (vi) if a Fund has insufficient cash, it may
have to sell investments to meet daily variation margin requirements on a futures contract, and the
Fund may have to sell investments at a time when it may be disadvantageous to do so.
         Market Events Risk. Geopolitical and similar disruptive events with geopolitical consequences,
including pandemics , may destabilize various countries’ economies and markets, which may experience
increased volatility and reduced liquidity. Policy changes by the Federal Reserve and/or other
government actors could similarly cause increased volatility in financial markets. Trade barriers and
other protectionist trade policies (including those in the U.S.) may also result in market turbulence.
Market volatility and reductions in market liquidity may negatively affect issuers worldwide, including
issuers in which the Fund invests. Under such circumstances, the Fund may have difficulty liquidating
portfolio holdings, particularly at favorable prices. To the extent that a Fund experiences higher levels of
redemptions, the Fund may be required to transact in contemporaneous markets, even if they are
volatile and/or illiquid, which may negatively impact the Fund’s net asset value.
        Cash and Cash Equivalents Risk. To the extent a Fund holds cash and cash equivalents positions,
even strategically, the Fund risks achieving lower returns and potential lost opportunities to participate
in market appreciation, which could negatively impact the Fund’s performance and ability to achieve its
investment objective. This is particularly true when the market for other investments in which the Fund
may invest is rapidly rising.
         Derivative Instruments Risk. Derivatives are financial instruments that have a value which
depends upon, or is derived from, a reference asset, such as one or more underlying securities, pools of
securities, options, futures, indexes or currencies. Derivatives may result in investment exposures that

ABR DYNAMIC FUNDS, LLC                                                             June 9, 2026

File No. 801-80044

are greater than their cost would suggest; in other words, a small investment in a derivative may have a
large impact on the Fund’s performance. The Fund could experience a loss if derivatives do not perform
as anticipated or if the Fund is unable to liquidate a position because of an illiquid secondary mark et.
        Leverage Risk. Borrowing transactions as well as certain derivative transactions, such as those
involving futures contracts , may give rise to leverage, causing a Fund to be more volatile than if it had
not been leveraged.
        Equity Risk. A Fund will gain exposure to equity securities through investments in futures
contracts. A Fund’s equity holdings may decline in value because of changes in price of a particular
...