Arbor Trust Wealth Advisors LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or
more written agreements with the Advisor that define the responsibilities of the parties.

A. Fees for Advisory Services
Investment Management Services
Fees for investment management services are paid quarterly, in advance of each calendar quarter, pursuant to the
terms of the investment advisory agreement. Investment advisory fees are based on the market value of assets
under management at the end of the prior quarter.

Fees range from 0.80% to 1.75% annually based on the following schedule:

                   Assets Under Management                              Annual Rate
                   Up to $100,000                                         1.75%
                   $100,001 to $250,000                                   1.50%
                   $250,001 to $500,000                                   1.25%
                   $500,001 to $1,000,000                                 1.00%
                   $1,000,001 to $3,000,000                               0.90%
                   Above $3,000,000                                       0.80%
                  * The Advisor imposes a minimum relationship fee of $5,000

In addition, the Advisor will also provide investment management services to Clients that have 403(b) accounts with
local University(ies), hospitals and other nonprofit organizations. Because there are generally less investment
options available for the accounts held by these Clients, the Advisor charges a slightly lower fee in accordance with
the following fee schedule:

                   Assets Under Management                              Annual Rate
                   Up to $1,000,000                                       0.70%
                   Above $1,000,000                                       0.60%
                  * The Advisor imposes a minimum relationship fee of $5,000

The investment advisory fee for new accounts is prorated from the inception date of the account[s] to the end of the
quarter. Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into consideration
the aggregate assets under management with the Advisor. All securities held in accounts managed by Arbor Trust
will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s
valuation to ensure accurate billing

The Client may make additions or withdrawals from the account[s] at any time, subject to the Advisor’s right to
terminate an account or the overall relationship. Additions may be in cash or securities provided that the Advisor
reserves the right to liquidate any transferred securities or decline to accept particular securities into a Client’s
account[s]. Clients may withdraw account assets on notice to Arbor Trust, subject to the usual and customary
securities settlement procedures. However, the Advisor typically designs its investment portfolios as long-term
investments, and the withdrawal of assets may impair the achievement of a Client’s investment objectives. Arbor
Trust may consult with the Client about certain implications due to such transactions. Clients are advised that when
such securities are liquidated, they may be subject to securities transaction fees, short-term redemption fees,
and/or tax ramifications. If cash in excess of $10,000 is deposited into or withdrawn from the Client’s account[s], the
Advisor’s fee will be adjusted prior to the next billing period to reflect the fee difference. The Advisor may negotiate
a fee that differs from the schedule above for certain account[s] or holdings.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and
other related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the
Advisor shall not receive any portion of these commissions, fees, and costs.

                                               Arbor Trust Wealth Advisors, LLC
                                         825 Victors Way, Suite 150, Ann Arbor, MI 48108
                                          Phone: (734) 389-7794 * Fax: (734) 389-7813
                                                      http://arbortrust.com

Trust Fiduciary Administrative Services – When providing trust fiduciary administrative services (as described in
Item 4), the Advisor charges an additional annual fee of 0.25%, which is added to the Advisor’s investment
management annual fee schedule. In addition to the 0.25% fee, the Advisor charges $300 per year for each parcel
of real estate owned by the trust and may charge $200 per hour for extraordinary services, which may include, but
are not limited to, travel related to administration of the trust; time involved in managing, selling, or environmental
remediation on any real estate held in the trust; time involved in managing, selling, and/or distributing personal
property or other unique assets; managing property and casualty insurance claims; and time spent in court and
preparing for court regarding trust matters. Trust fiduciary administrative services fees do not include the cost for
preparation of tax returns; fees for outside professionals such as attorneys, appraisers, and auctioneers;
maintenance fees associated with unique assets and property management services; the expenses charged by
mutual funds; out-of-pocket expenses; or securities transaction fees.

Estate Settlement Services – When providing estate settlement services (as described in Item 4), the Advisor
applies a minimum fee of $10,000 and calculates the annual fee based on 1.2% of the date of death estate/trust
value of assets held at the Advisor’s custodian and 1.5% of the date-of-death estate/trust value of assets not held at
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Item 7 – Types of Clients

Arbor Trust provides advisory services to individuals, high-net-worth individuals, trusts, estates, retirement plans,
charitable organizations, state-municipal entities, and businesses. Arbor Trust generally does not impose a
minimum relationship size, however the Bank generally requires a relationship minimum of $300,000 for most
new relationships.