Cohen Capital Management Inc

Item 5 – Fees and Compensation

CCM’s standard annual fee schedule for its Investment Management Services is as follows:

     •   1.5% of assets under management (“AUM”) for portfolios less than $1 million

     •   1% of AUM for portfolios less than $2 million and
     •   0.80% of AUM for portfolios less than $5 million.

The specific fees charged by CCM for its advisory services will be set forth in each client’s written
agreement with CCM. Although CCM believes its advisory fees are competitive, clients should
be aware that lower fees for comparable services may be available from other sources.

Fees are payable in arrears each calendar quarter. Clients may elect to be invoiced for management
fees or to authorize a direct debit of management fees from clients’ specified accounts.
Furthermore, CCM does not aggregate client accounts (otherwise known as “householding”) for
purposes of calculating AUM when applying its tiered fee schedule.

Clients may terminate their investment advisory contract with CCM upon 30 days’ written notice.
Should CCM enter into any advisory contracts that provide for payment of fees in advance, each
such contract will provide that, upon termination, CCM will refund all fees for which services
have not been rendered. It is the current policy of CCM to only bill in arrears and not accept
prepayment for services.

CCM’s advisory fees are negotiable and arrangements with any particular client can differ,
sometimes materially, from those described above. Furthermore, CCM can, in its sole discretion,
reduce or waive a client’s advisory fees in their entirety.

Clients will incur certain fees or charges imposed by third-parties other than CCM in connection
with investments or recommendations made by the Firm. These fees and charges are separate and
distinct from the fees or charges stated above and may include, but not be limited to: mutual fund
12b-1 fees, certain deferred sales charges on previously purchased mutual funds transferred into
the account, other transaction related fees, IRA and Qualified Retirement Plan fees, “spreads”
imposed by brokers and dealers representing implicit transaction costs, commissions, transfer
taxes and other related costs and expenses. Information regarding fees or charges assessed by any
mutual funds held in client accounts is available in the appropriate prospectus. CCM does not
receive any portion of these commissions, fees and costs. Please note, such fees will differ from
client to client based on their own unique situation and selection of products and services.

Fees associated with CCM’s Financial Planning and Concierge and Administrative, which are part
of the Firm’s Wealth Management Services, typically are included in the Wealth Management
Fee memorialized in the client’s agreement. Such services are offered at the sole discretion of
CCM.
Clients are informed CCM utilizes Charles Schwab as a custodian. In accordance with each client’s
advisory agreement, payment of CCM’s advisory fees will be made by the qualified custodian
directly from the client’s account upon receipt of CCM’s quarterly invoice, unless otherwise agreed
to in writing between CCM and the client. Further, the qualified custodian agrees to deliver an
account statement, at least quarterly, to the client and CCM, showing all disbursements from the
account, including the advisory fees paid to CCM. The client is encouraged to review all account
statements for accuracy and is urged to compare the statements received from CCM with those
received from the custodian. Please refer to Item 13 for additional information

For further information, please refer to Item 12. This Item describes the factors that CCM
considers in selecting or recommending broker-dealers for client transactions and determining
the reasonableness of their compensation.

Fees Received by CCM for Services Provided to the CCM Affiliated LLC

As described above, CCM provides Wealth Management Services to its Affiliated LLC. CCM
also is a member of the Affiliated LLC, UV 50, LLC, and has a 40% Members Interest. In lieu of
payment of a management fee, CCM agreed to accept and receive a membership interest in UV
50, LLC. As such, CCM receives distributions as part of its membership interest in the LLC.

Notably, CCM also is the Manager of the Company. Pursuant to the Affiliated LLC’s Operating
Agreement, the Manager will cause distributions to the Manager to be limited as a profit interest
as defined under IRS Revenue Procedure 93-27 and will receive a Percentage Interest based on
the Profits Realized, which can be reset by CCM prior to the commencement of each quarter.
Manager is not entitled to any additional management fee.

Please refer to Item 6 and 10 below regarding associated conflicts and how CCM addresses these
conflicts and for important additional information.

Additional Fees and Expenses

Clients should understand that the advisory fees described in the sections above do not include
certain charges imposed by third parties such as custodial fees, mutual fund fees and expenses,
internal fees charged by Private Funds and fees charged by third party investment managers. Client
assets may also be subject to transaction costs, retirement plan administration fees (if applicable),
deferred sales charges on mutual funds initially deposited in the account, 12b-1 fees, odd-lot
differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on
brokerage accounts and securities transactions.

Item 7 - Types of Clients

CCM provides portfolio management services to individuals, high net worth individuals, trusts,
estates, charitable organizations, and corporations.

The minimum requirement to open an account is $20 million US Dollars. CCM can waive this
requirement at its sole discretion.