Aldebaran Financial Inc

Item 5 – Fees and Compensation

All fees are subject to negotiation. Aldebaran Financial Inc.'s basic fee schedule is 0.75%
annually of managed assets. This is subject to a review of services provided, and specific
fees are negotiable based on account mix and client relationship. This includes fixed fees
for specific services rendered or managed assets when deemed appropriate.

The specific manner in which Aldebaran Financial Inc. charges fees is established in a
client’s written agreement with Aldebaran Financial Inc. These fees will generally be billed
on a quarterly basis. Clients are billed in arrears for each calendar quarter. Clients may
elect to be billed directly via invoice or to authorize, in writing, Aldebaran Financial Inc. to
directly debit fees from client accounts at the qualified custodian where their assets are
held. Upon termination of any account, any earned, unpaid fees will be due and payable.

Aldebaran Financial Inc.’s fees are exclusive of brokerage commissions, transaction fees,
and other related costs and expenses that the client shall incur. Clients may incur certain
charges imposed by custodians, brokers, third-party investment, and other third parties,
such as fees charged by managers, custodial fees, deferred sales charges, odd-lot
differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes

on brokerage accounts and securities transactions. Mutual funds and exchange traded
funds also charge internal management fees, which are disclosed in a fund’s prospectus.
Such charges, fees and commissions are exclusive of and in addition to Aldebaran Financial
Inc.’s fee, and Aldebaran Financial Inc. shall not receive any portion of these commissions,
fees, and costs.

Item 12 further describes the factors that Aldebaran Financial Inc. considers in selecting or
recommending broker-dealers for client transactions and determining the reasonableness
of their compensation (e.g., commissions).

Item 7 – Types of Clients

Aldebaran Financial Inc. provides portfolio management services to individuals, high net
worth individuals, corporate pension and profit-sharing plans, Taft-Hartley plans,
charitable institutions, foundations, endowments, and other U.S. and international
institutions.