Asymmetric Capital Management LLC

Item 5 — Fees and Compensation

Asymmetric Capital Management, LLC (“ACM”) is compensated for its advisory services
through asset-based advisory fees. Fees are negotiable and may vary based on account size,
complexity of services, and investment strategy utilized.

Asset-Based Fees

ACM typically charges an annual advisory fee based on a percentage of assets under
management. The annual fee generally ranges from 0.20% to 1.00% of assets under management.
The specific fee is agreed upon in advance and documented in the client’s investment advisory
agreement.

Fees are typically billed quarterly in arrears based on the value of assets under management. In
certain cases, fees may be billed quarterly in advance as agreed with the client.

Item 7 — Types of Clients

Asymmetric Capital Management, LLC (“ACM”) provides investment advisory services to a
variety of client types.

These clients may include:

• Individuals (including non-high-net-worth individuals)

• High net worth individuals

• Family offices

• Institutional investors

• Pension and profit-sharing plans

• Endowments and foundations

• Corporations and business entities

• Religious organizations and nonprofit institutions

• Other investment advisers

Account Minimums

ACM does not impose a strict minimum account size. However, ACM generally seeks to work
with clients whose account size is sufficient to allow for proper diversification and efficient
implementation of investment strategies.

ACM reserves the right to waive or modify minimum account size requirements at its discretion.