Armor Investment Advisors LLC

Item 5 – Fees and Compensation
Armor Investment Advisors, LLC, is committed to full and complete disclosure of all fees and
compensation related to client accounts. Depending upon the engagement, Armor offers its
services on a fee basis, generally based upon assets under management, but may occasionally
include hourly, monthly, and/or fixed fees.

Financial Planning
Armor provides clients with a broad range of comprehensive financial planning services (which
may include non-investment related matters). We will charge a fixed fee, monthly fee or hourly fee
for these services. Our financial planning and consulting fees are negotiable, but generally range
from $2,500 to $40,000 on a fixed fee basis and from $250 to $300 on an hourly rate basis,
depending upon the scope of the services and the professional rendering the financial planning
services. If a client engages us for additional services, such as investment management, we may
offset all or a portion of the fees for those services based upon the amount paid for the financial
planning services.

Generally, we require one-half of the financial planning fee (estimated hourly or fixed) payable
upon entering the written agreement. The balance is generally due upon delivery of the financial
plan. Either party may terminate the agreement by written notice to the other. In the event that a
client terminates the financial planning services, the balance of the unearned fees (if any) will be
refunded to them. If termination occurs within five business days of entering into an agreement for
such services the client will be entitled to a full refund.

Investment Management
We are a fee-only investment advisor. We charge an annual fee based upon a percentage of the
market value of the assets being managed. The annual fee is exclusive of, and in addition to
brokerage commissions, transaction fees, and other related costs and expenses. We do not receive
any portion of those commissions, fees, and costs.

The annual fee will be prorated and charged quarterly, in advance, based upon the market value of
the assets on the last day of the previous quarter. The annual fee will vary depending upon the
market value of the assets under management, as follows:

                                ASSETS                                ANNUAL RATE
            Assets up to $500,000                                        1.20%
            Assets between $500,001 and $1,000,000                       0.80%
            Assets between $1,000,001 and $5,000,000                     0.65%
            Assets between $5,000,001 and $15,000,000                    0.50%
            Assets between $15,000,001 and $25,000,000                   0.45%
            Assets greater than $25,000,000                              0.40%
With regard to the fee schedule break points, some clients’ assets are subject to aggregation with
family and related accounts.

In our sole discretion, we may negotiate to charge a lesser management fee based upon certain
criteria (i.e., anticipated future earning capacity, anticipated future additional assets, dollar amount
of assets to be managed, related accounts, pro bono activities, new client discount, etc.).

For the initial quarter of investment management services, the fees will be calculated on a pro rata
basis. If assets are deposited into or withdrawn from an account after the inception of a quarter, the
fee payable with respect to such assets will be adjusted or prorated based on the number of days
remaining in the quarter. Armor’s annual fee will be prorated through the date of termination and
any remaining balance will be refunded to the client, as appropriate, promptly. If termination
occurs within five business days of entering into an agreement for such services the client will be
entitled to a full refund.

Each quarter, we generate and deliver invoices to clients detailing the management fee calculations.
Management fees will generally be deducted from client investment accounts concurrently with
sending invoices. Clients may select to pay the invoice from outside of their investment account if
they prefer.

Clients may incur certain charges imposed by financial institutions and other third parties such as
custodial fees, charges imposed directly by a mutual fund or exchange traded fund in the account
(which will be disclosed in the fund’s prospectus, e.g., fund management fees and other fund
expenses), wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts
and securities transactions. Additionally, clients may incur brokerage commissions and transaction
fees. Such charges, fees and commissions are exclusive of and in addition to Armor’s fee.

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

Investment Consulting
Armor provides clients with a broad range of investment consulting services. We charge a fixed fee
or hourly fee for these services. These investment consulting fees are negotiable, but generally
range from $2,500 to $40,000 on a fixed fee basis and from $250 to $300 on an hourly rate basis,
depending upon the level and scope of the services and the professional rendering the services.

We normally require one-half of the investment consulting fee payable upon entering into the
agreement. The balance is due upon delivery of the consulting. Either party may terminate the
agreement by written notice to the other. If the client terminates the services, the balance of the
unearned fees will be refunded to the client. If termination occurs within five business days of
entering into an agreement for such services the client will be entitled to a full refund.

In some cases, where our consulting services are ongoing, we will agree to an annual fee based on a
percentage of the market value of the assets on which we consult. In these cases, our annual fee
...

Item 7 – Types of Clients
We typically provide investment management and financial planning services to individuals, high
net worth individuals, and their families. We also provide investment management and investment
consulting services to corporations, corporate pension and profit-sharing plans, charitable
institutions, foundations, and endowments.

As a condition for starting and maintaining an investment management relationship, we will
generally impose a minimum fee of $1,500 per quarter. In its sole discretion, we may waive the
minimum fee based upon certain criteria including anticipated future additional assets, dollar
amount of assets to be managed, related accounts, pre-existing client relationship, and pro bono
activities.