Bryn Mawr Trust Advisors LLC

Item 5:          Fees and Compensation

BMTA offers its services on a fee basis, which is generally based upon assets under management. All fees
charged by BMTA are subject to negotiation.

Investment Management Fees
BMTA provides investment management services for an annual fee based upon a tiered percentage of
the market value of the assets being managed by BMTA. The initial fee will be based on the date of
account establishment and prorated for the remaining days in the current calendar quarter and billed at
the end of the first quarter following the opening of the account. BMTA’s annual fee is charged quarterly,
in advance, based upon the market value of the assets being managed by BMTA on the last day of the
previous quarter. You may make additional deposits and partial withdrawals to the account(s). Additional
deposits to the account and partial withdrawals from the account impact BMTA’s management of the
account(s), particularly partial withdrawals from the account. For all assets deposited into or withdrawn
from the client’s account(s), the fee will be adjusted, on a pro rata basis, in the next billing period to reflect
the fee difference. Fees are calculated using the portfolio management system which is as of trade date
and includes accrued dividends, income, and non-settled trades. If you have multiple accounts with
BMTA, the managed accounts will be aggregated for fee calculation.

Any financial planning or consulting services provided to clients that have engaged BMTA for investment
management services are included as part of this fee. The Firm’s annual fee is exclusive of, and in addition
to brokerage commissions, transaction fees, and other related costs and expenses which are incurred by
the client charged by our custodian(s), including advisory fees charged by selected Independent
Manager(s). BMTA does not, however, receive any portion of these commissions, transaction fees,
advisory fees, and related costs.

Generally, BMTA’s fee schedule is based on a percentage of assets under management based on a tiered

schedule which ranges from 0.30% to 1.00% annualized. Separate, standalone proprietary portfolios have
the following annual fees: 0.30% for Fixed Income Separately Managed Account (“SMA”) Only & 0.60%
for Equity SMA Only. Discretionary Participant Account Management standalone service is 0.50%.

BMTA, in limited circumstances, offers investment management services for a fixed percentage of assets
under management The fees are determined on a case-by-case basis, taking into account the nature and
complexity of the asset management services provided, as well as the level of administration required by
BMTA. In its sole discretion, BMTA will, for certain accounts or holdings, negotiate a fee that differs
from the schedule mentioned above. For instance, employees and their family members pay a discounted
fee. Additionally, certain legacy accounts have varying fee arrangements, including a different fee
schedule with a maximum annual advisory fee of 2.49%. The specific terms of these arrangements are
governed by the investment management agreements. BMTA, at its sole discretion, can negotiate to
charge a lesser management fee based upon certain criteria (e.g. anticipated future earning capacity,
anticipated future additional assets, dollar amount of assets to be managed, related accounts, account
composition, pre-existing client, account retention, pro bono activities, etc.). BMTA will not require any
prepayment exceeding $1,200 six months or more in advance. All fees are reviewed by Senior
Management before the final approval of the executed IMA.

BMTA can deduct its fees directly from your account provided you have given BMTA written
authorization by signing the Investment Management Agreement and custodial application. Written
authorization to have advisory fees deducted directly from your account is granted in the management
agreement executed between you and BMTA. If your account does not contain sufficient funds to pay
advisory fees, BMTA has the authority to sell or redeem securities in sufficient amounts to pay its advisory
fees.

Fees Charged by Other Financial Institutions
As further discussed in response to Item 12 (below), BMTA predominantly utilizes the brokerage and
clearing services of Fidelity Institutional Wealth Services (“Fidelity”) and Charles Schwab & Co., Inc.
(“Schwab”) for investment management accounts.

BMTA will only implement its investment management recommendations after the client has arranged
for and furnished BMTA with all information and authorization regarding accounts with appropriate
financial institutions. Financial institutions include, but are not limited to, Fidelity, Schwab, or any other
broker-dealer recommended by BMTA, broker-dealer directed by the client, trust companies, banks etc.
(collectively referred to herein as the “Financial Institutions”). Clients typically incur certain charges
imposed by the Financial Institutions and other third parties such as fees charged by Independent
Managers, custodial fees, charges imposed directly by a mutual fund or exchange- traded fund (“ETF”)
in the account, which are disclosed in the fund’s prospectus (e.g., fund management fees and other fund
expenses), short-term redemption fees, odd-lot differentials, transfer taxes, wire transfer and electronic
fund fees, and other fees and taxes on brokerage accounts and securities transactions. Additionally, for
assets outside of any wrap fee programs, clients will incur brokerage commissions and transaction fees.
Such charges, fees and commissions are exclusive of and in addition to BMTA’s investment advisory fee.

BMTA’s Agreement and the separate agreement with any Financial Institutions authorize BMTA or
Independent Managers to debit the client’s account for the amount of BMTA’s fee and to directly remit
that management fee to BMTA or the Independent Managers. Any Financial Institutions recommended
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Item 7:       Types of Clients

BMTA provides advisory services to individuals, corporate pension, profit-sharing and other qualified
plans, trusts, estates, charitable organizations, foundations, endowments, corporations, and other
business entities.

Minimum Account Size
As a condition for starting and maintaining a relationship, BMTA generally imposes a minimum portfolio
size of $100,000 to $1,000,000. BMTA, in its sole discretion, can accept clients with smaller portfolios
based upon certain criteria including anticipated future earning capacity, anticipated future additional
assets, dollar amount of assets to be managed, related accounts, account composition, pre-existing client,
account retention, and pro bono activities. BMTA only accepts clients with less than the minimum
portfolio size if, in the sole opinion of BMTA, the smaller portfolio size will not cause a substantial
increase of investment risk beyond the client’s identified risk tolerance. BMTA can, at its discretion,
aggregate the portfolios of family members to meet the minimum portfolio size. Certain Independent
Managers may impose more restrictive account requirements; BMTA may alter account requirements to
adhere to the requirements of the Independent Manager.