Copper Harbor Investment Advisors LLC

Item 5        Fees and Compensation

Copper Harbor Investment Advisors, LLC is compensated utilizing a percentage of client assets
for which it provides investment advice. An individual client’s Investment Advisory Fee is
established in the Investment Advisory Agreement with Copper Harbor Investment Advisors, LLC.
Under some circumstances Copper Harbor Investment Advisors, LLC will charge an hourly or flat
fee. Listed below is the current Copper Harbor Investment Advisors, LLC fee schedule.

Investment Advisory Fee Schedule. All fully managed discretionary accounts shall be subject to
the following schedule based upon the market value of assets in the account.

                                 Investment Advisory Services
                           Annual Fees for Assets Under Management

                       Account Size                   Maximum Annual Fee
                     $0 - $2,500,000                         .95%
               next 2,500,001 - $5,000,000                   .85%
              next $5,000,001 - $10,000,000                  .65%
             next $10,000,001 - $20,000,000                  .50%
                    Over $20,000,001                       negotiable

Mutual fund companies automatically deduct an investment advisory fee from fund assets. If you
choose to invest with Copper Harbor Investment Advisors, LLC, a fee will be paid to both the mutual
fund company or ETF or separately managed account and Copper Harbor Investment Advisors, LLC.

Fees for individual asset management relationships are taken in arrears and monthly. The annual
rate listed above is applied to month-end account balances then divided by 12. Each monthly fee will
be deducted directly from client accounts unless otherwise arranged.

Retirement plans managed by Copper Harbor Investment Advisors, LLC are not subject to the fee
schedule listed above, rather, fees are negotiated and customized to the unique requests of each
business entity sponsoring the retirement plan.

 Form ADV:    Part 2A                                                                        Page 7

Retirement plans managed by Copper Harbor Investment Advisors, LLC as the fiduciary advisor,
utilize a fee calculation method that values plan assets daily to determine a fee expense based on a
negotiated fee schedule. At the end of each quarter, the daily valuation fees are summed to arrive
at a quarterly fee amount that is withdrawn from each participant’s account unless otherwise
arranged. In certain circumstances an alternative payment fee arrangement can be negotiated.
Special arrangements can be made to adjust the stated fee schedule for accounts that meet certain
requirements or require certain services. If certain services require additional fees, the services and
fees must be agreed to in writing by both parties. A non-managed asset fee arrangement is also
available if Client requires only custodial services. This fee will be commensurate with the services
requested but usually 50 basis points (.50%) or less.

The Custodian for your account may periodically charge for some security transactions, wire
transfers or similar custodial services. Copper Harbor Investment Advisors, LLC passes these costs
through to your account without mark-up or adjustment.

Special arrangements can be made to adjust the above-listed fee schedule for accounts that meet
certain requirements or desire special services. If services require additional fees, these fees for
additional services must be agreed to by both parties in writing. A non-managed asset fee
arrangement is also available if Client requires only custodial services. This fee will be commensurate
with services requested but usually 50 basis points or less.

Consulting Fees/Financial Planning Fees

Special arrangements can be made for non-standard services such as financial planning or
consulting on a non-managed portfolio on an hourly basis. Fees for such a service can be on an
hourly basis (ranging from $190 to $350 per hour depending on staff involvement) or, on a pre-
arranged stated fee basis. An estimate of these special fee arrangements is available upon request.

Mutual funds and exchange traded funds automatically deduct an investment advisory fee from
the fund. Additionally, some mutual funds reimburse qualified plan third party administrative firms
for plan administrative fees with reimbursements known as rebates, servicing fees, and other
names. Since the amount of fund rebates varies by mutual fund, and such rebates benefit qualified
plan third party administrative firms, there is a potential conflict of interest for Copper Harbor
Investment Advisors, LLC in the selection of mutual funds to utilize in a Plan.

Item 7         Types of Clients

Copper Harbor Investment Advisors, LLC provides investment advice to high- n e t - w o r t h
individuals, pension and defined contribution plans, trusts, estates, charitable/non-profit entities,
corporations and other business entities.

Copper Harbor Investment Advisors, LLC has a minimum account size guideline but does n o t
have a minimum fee. Copper Harbor Investment Advisors, LLC recommends that clients opening
accounts to utilize Investment Advisory Services have a reasonable chance of depositing at least
$500,000 of assets into the account within five years of initial establishment.

 Form ADV:    Part 2A                                                                         Page 8