Caerus Investment Advisors LLC

Item 5:            Fees & Compensation

How We Are Compensated for Our Advisory Services.

Wrap Comprehensive Portfolio Management:

Please refer to our Form ADV 2A Appendix 1 – Wrap Fee Program Brochure for additional
information.

Retirement Plan Consulting:

Our Retirement Plan Consulting services are billed on a fee based on the percentage of Plan assets
under management. The total estimated fee, as well as the ultimate fee charged, is based on the
scope and complexity of our engagement with the client. Fees based on a percentage of managed
Plan assets will not exceed 1.00%. The fee-paying arrangements will be determined on a case-by-
case basis and will be detailed in the signed consulting agreement.

Private Fund Investments:

Please refer to the Fund’s                                                                 for more
information on applicable fees. Please Note, Clients will not be charged an advisory fee by our firm
on the assets invested in any of the Funds (i.e., Caerus FICC, LLC, CRSBB, LLC, CRSUB I, LLC, Caerus

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SX SP I, LLC, CRSCLM, LLC, CRSNXT,LLC, CRSPIN, LLC, CRSSTRP II, LLC, CRSSTRP III, LLC, CRSSTRP,
LLC, CRSX III, LLC, CRSWIN, LLC, CRSSTRP IV, LLC, CRSX, LLC and CRSX IV, LLC).

However, clients invested in Caerus SX SP I, LLC are billed an annualized fee not to exceed 1.50%
The ultimate fee charged will be based on the scope and complexity of our engagement with the
client and will be listed in the Fund’s Private Placement Memorandum and Subscription Agreement
we present you. This fee is to be paid on a pro-rata basis monthly in arrears based on the percentage
of fund assets under management on the last day of the previous month.

Other Types of Fees & Expenses.

Non-Wrap Clients will incur transaction fees for trades executed by their chosen custodian via
individual transaction charges. These transaction fees are separate from our firm’s advisory fees and
will be disclosed by the chosen custodian.

Our firm requires Trade-PMR Inc. (“Trade-PMR”) as a custodian for client accounts. Other major
custodians have recently eliminated transaction fees for all ETFs and U.S. listed equities, so clients
may pay more for investing in the same securities at Trade-PMR Inc.

Clients may also pay holdings charges imposed by the chosen custodian for certain investments,
charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be
disclosed in the fund’s prospectus (i.e., fund management fees, initial or deferred sales charges,
mutual fund sales loads, 12b-1 fees, surrender charges, variable annuity fees, IRA and qualified
retirement plan fees, and other fund expenses), mark-ups and mark-downs, spreads paid to market
makers, fees for trades executed away from custodian, wire transfer fees and other fees and taxes on
brokerage accounts and securities transactions. Our firm does not receive a portion of these fees.

Wrap fee clients will receive our Form ADV, Part 2A, Appendix 1 (the “Wrap Fee Program
Brochure”). Wrap fee clients will not incur transaction costs for trades. More information about
this is disclosed in our separate Wrap Fee Program Brochure.

Termination & Refunds.

We charge our advisory fees monthly in arrears. If you wish to terminate our services, you need to
contact us in writing and state that you wish to cancel the advisory agreement. Upon receipt of your
letter of termination, we will proceed to close out your account and charge you a pro-rata advisory
fee(s) for services rendered up to the point of termination.

Either party to a Retirement Plan Consulting Agreement may terminate at any time by providing
written notice to the other party. Full refunds will only be made in cases where cancellation
occurs within 5 business days of signing an agreement. After 5 business days from initial signing,
either party must provide the other party 30 days written notice to terminate billing. Billing will
terminate 30 days after receipt of termination notice. Clients will be charged on a pro-rata basis,
which takes into account work completed by our firm on behalf of the client. Clients will incur

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charges for bona fide advisory services rendered up to the point of termination (determined as 30
days from receipt of said written notice) and such fees will be due and payable.

Commissionable Securities Sales.

We do not sell securities for a commission in our advisory accounts.

Item 7:            Types Of Clients & Account Requirements

We have the following types of clients:
•   Individuals and High Net Worth Individuals;
•   Trusts, Estates or Charitable Organizations;
•   Corporations, Limited Liability Companies and/or Other Business Types.

We require a minimum household balance of $1,000,000 for our Wrap Comprehensive Portfolio
Management service. This minimum household balance is negotiable depending on the extenuating
circumstances of the client.