Bayhunt Capital LLC

Item 5: Fees and Compensation
  A. Individual Client terms and compensation arrangements are subject to negotiation. Generally, each
     Client is subject to a management fee and/or capped expense reimbursement fee. Additionally,
     each Client may pay a performance fee which is subject to a high-water mark (the “Performance
     Fee”) equal to a fixed percentage of the net profits. For purposes hereof, “high water mark” means
     the previous highest trading profits on which a Performance Fee was paid at the end of any relevant
     period.

  B. Expenses and Taxes. The Investment Manager will be responsible for and shall pay, or cause to
     be paid, all ordinary office overhead expenses, including rent, employee salaries and other
     compensation of all its employees and other personnel. Each Client will be responsible for its own
     expenses and taxes as described in the relevant Agreement.

  C. Each Client is subject to termination and notification provisions as further described in the relevant
     Agreement.

  D. Neither the Investment Manager nor any of its supervised persons accept compensation for the
     sale of securities or other investment products.

                                     Date of Brochure: February 20, 2026

Item 7: Types of Clients
The Investment Manager generally provides its advisory services to large institutional clients.

The minimum account value required to open and maintain an account with the Investment Manager is
generally $10,000,000, subject to negotiation.

                                       Date of Brochure: February 20, 2026