CIC LLC

ITEM 5                  FEES AND COMPENSATION

A.

Fees are based on a combination of factors including the size of the account, number of managers
involved, the amount of work expected to be performed and the length of the contract. Asset-based
fees typically range between 3 and 12 basis points per year on a sliding scale. All fees are negotiable
and subject to change.

B.

Clients are generally invoiced quarterly in arrears, and fees are due and payable within 30 days of the
invoice.

C.

Client portfolios are subject to other fees and charges in connection with investments made which
are in addition to CIC’s advisory fee described above. These fees and charges may include sub-
advisory fees for asset managers advising on separate accounts, clearing, custody and other
transaction charges, service fees and/or internal expenses collected by mutual funds, ETFs,
alternative investments, and similar pooled investment products. Product-related expenses are set
forth in mutual fund and ETF prospectuses and alternative investments subscription agreements
and may include distribution and management fees. These fees and charges are in addition to CIC’s

CIC, LLC (IARD #311969)
January 2026

advisory fee described above. A client could invest in a mutual fund, ETF or alternative investment
directly without the services of CIC.

D.

If agreements are canceled during their term, any fees due either party will be prorated appropriately
as set forth in the advisory agreement. Accordingly, if a client pays in advance and the agreement is
terminated prior to the end of the billing period, CIC will return a proportionate amount of the fees
based on the percentage of services performed or the proportion of the period for which CIC has
performed services, depending on the particular client agreement.

E.

Neither CIC nor any of its officers, directors, employees, or persons providing advice on CIC’s
behalf and subject to CIC’s supervision and control accepts compensation for the sale of securities
or other investment products, including asset-based sales charges or service fees from the sale of
mutual funds.

ITEM 7          TYPES OF CLIENTS

CIC generally provides investment advice to pension and retirement plans.