Chamberlain Lane Capital LLC

Item 5 - Fees and Compensation

General Fee Information
Fees paid to the Adviser are exclusive of all custodial and transaction costs paid to the client’s
custodian, brokers, or other third-party consultants. Please see Item 12 – Brokerage Practices for
additional information. Fees paid to the Adviser are also separate and distinct from the internal fees
and expenses charged by mutual funds, exchange traded funds (“ETFs”) or other investment pools to
their shareholders (generally including a management fee and fund expenses, as described in each
fund’s prospectus or offering materials), mark-ups and mark-downs, spreads paid to market makers,
fees for trades executed away from the custodian, wire transfer fees, and other fees and taxes on
brokerage accounts and securities transactions. The client should review all fees charged by funds,
brokers, the Adviser, and others to fully understand the total amount of fees paid by the client for
investment and financial-related services.

Portfolio Management Fees
Portfolio management fees are individually negotiated with each client, are based on a percentage of
assets under management, and are generally subject to a maximum fee of 1.25%, depending on the
level of engagement. The specific management fees will be identified in the investment advisory
agreement between the client and the Adviser. The minimum portfolio value is generally set at $10
million. The Adviser may, in its discretion, make exceptions to the foregoing or negotiate special fee
arrangements where the Adviser deems it appropriate under the circumstances.

Portfolio management fees are generally payable quarterly, in advance. If management begins after
the start of a month, fees will be prorated accordingly. Fees are normally debited directly from client
account(s), unless other arrangements are made.

Either the Adviser or the client may terminate their investment advisory agreement at any time,
subject to any written notice requirements in the investment advisory agreement. In the event of
termination, any paid but unearned fees will be promptly refunded to the client based on the number
of days that the account was managed, and any fees due to the Adviser from the client will be invoiced
or deducted from the client’s account prior to termination.

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Financial Planning Fees

When the Adviser provides financial planning services to clients, these fees will be included in the
portfolio management fees. The Adviser generally does not provide financial planning services on a
stand-alone basis.

Item 7 - Types of Clients

The Adviser serves high net worth individuals, corporations, foundations, family offices, retirement
and pension plan participants, and other entities. The Adviser’s minimum portfolio value is generally
set at $10 million; however, the Adviser may, in its sole discretion, accept accounts below the
minimum portfolio value.