Aldebaran Capital LLC

Item 5: Fees and Compensation

Compensation to AC is provided by an annual fee which is charged based upon the amount of
assets under management. Please refer to the schedule and explanation of fee calculation
detailed below.

Investment Management Agreement: Account Fee Schedule

This fee schedule is negotiable.

1.25% annually on the first $250,000 under management,
1.00% annually on the next $750,000, under management, and
0.75% annually on amounts over $1,000,000.

The fee for the first quarter during which AC shall render investment advisory services under the
above schedules may be paid at the time of acceptance by AC and shall be based upon the initial
market value (including cash) of the account. Subsequent quarterly fees will be based upon the
market value of the account on the last day of each quarter and are generally paid to AC
sometime in the first few weeks of the month following the end of the quarter. Fees are,
generally, deducted directly from the clients account, unless the client has directed AC to provide
them the ability to pay the fee by separate check. If available funds are insufficient to pay such
fees from the accounts, AC may submit its invoice for fee payment directly to the client. Assets
invested in shares of mutual funds or other investment companies (“funds”) will be included in
calculating the value of the account for purposes of computing fees and the same assets will also
be subject to additional advisory and other fees and expenses, as set forth in the prospectuses of
those funds, paid by the funds but ultimately borne by the investor. Client is responsible for
verifying fee computations since custodians are not typically asked to perform this task.

The only fee AC receives is its quarterly fee, as described above. However, clients may incur
charges for brokerage commissions which are paid to the brokerage firm that effects the
transaction. Other charges from the custodian, may include custodial fees and other account
maintenance fees including but not limited to, custody fees, wire transfer fees, etc. AC receives
no financial benefit from any portion of the fees and commissions charged by the custodian.
Commission charges on foreign securities purchased may be higher than those charges for
domestic securities. Please refer to Page "Item 12: Brokerage Practices" for more discussion of
brokerage/custodial relationships and their compensation.

AC, or the client, has the right to terminate investment management services (without the
payment of any penalty) at any time. If services are terminated prior to the end of any quarter,
AC will refund to the client, the pro-rata portion of the quarterly fee paid for such quarter, on the
basis of a proration of that quarterly fee to the effective date of termination.

Neither AC, nor any of its employees, sell or offer investment securities (or any other investment
products) for compensation.