Crewcial Partners LLC

Item 5     Fees and Compensation
 For new clients, the Firm’s base fee schedule for investment consulting and investment
 management services consists of two options described as follows:

     Option 1. Standard Fee Schedule

     Crewcial charges a maximum of 0.34% (or 34 basis points) annually of Assets Under
     Management and/or Assets Under Advisement.

     Crewcial may group certain related client accounts for the purposes of determining
     the annualized fee.

     Option 2. Incentive Fee Schedule: Reduced Standard Fee plus Performance Fee
     This fee schedule option is available to clients whose portfolios are completely
     unrestricted, meaning that their assets are not subject to client-requested investment
     restrictions.
     For an initial period (typically twelve months) following the effective date of the
     contract, only a Standard Fee applies. After this initial period, the combined
     Reduced Standard Fee plus Performance Fee, if any, applies.
     The Performance Fee is calculated annually in arrears, typically commencing with the first
     twelve-month period after the initial period. A Performance Fee is typically earned when
     the client’s portfolio earns a total rate-of-return, net of investment management fees, that
     exceeds the rate-of-return of a mutually-agreed-upon target benchmark in the twelve-
     month period prior to each Anniversary Date.

In addition to the above stated Standard Fee, some clients that authorize Crewcial to implement
investment transactions on their behalf are subject to an annual administrative fee in
consideration for Crewcial providing that additional administrative and operational support.
The administrative fee is an additional fee of a maximum of 0.10% (or 10 basis points).

Notwithstanding the foregoing, Crewcial may elect to negotiate a different fee arrangement with
particular clients based on various criteria which may include, without limitation, a pre-existing
client relationship, future business, account composition, account retention, and pro bono
activities. Legacy Crewcial clients may have different fee arrangements from those described

above.

Fixed fee arrangements for special projects currently range up to $50,000 per engagement;
however, the maximum fee is subject to change based on factors such as complexity and scope of
potential future engagements. Crewcial and the client will negotiate a fixed fee arrangement in
writing before any special projects are agreed upon. Any changes to potential fee ranges will be
updated in future firm disclosures.

Billing
Fees under Option 1 and the Reduced Standard Fee portion in Option 2 are calculated and billed
quarterly. With the exception of some legacy clients, fees generally are billed quarterly in
advance and are based upon the market value of the applicable assets on the last day of the
previous billing period as valued by the client’s custodian and any fund manager as appropriate,
since Crewcial does not value assets. An invoice will be rendered on or near the middle of each
billing period based on the market value at the end of the preceding billing period using the above
fee schedule. Fees for the initial billing period will be prorated and calculated based on the market
value last reported by the client’s custodian or fund manager(s) as appropriate. If assets are
deposited or withdrawn after the beginning of a billing period, Crewcial’s fee will not be
prorated. Special project work is generally billed only upon completion. At no time will fixed fee
arrangements be paid more than six months in advance.

Invoices are sent to the client directly. The client may elect to also have the bill sent to their
custodian and have the custodian pay Crewcial directly. The client must instruct their custodian
to pay Crewcial directly and also notify Crewcial of this election. For some discretionary
investment management clients, Crewcial will automatically deduct advisory fees from client
accounts upon written authorization in the Agreement.

Additional Fees and Expenses
In addition to Crewcial’s fees described above, clients may incur other charges from third parties
such as broker-dealers, funds, and Third-Party Managers in connection with Crewcial’s services.
Such charges may include, without limitation, transaction costs (including brokerage
commissions, mark-ups and mark-downs on fixed-income transactions), custodial fees, charges,
such as management fees, performance-based fees (or carried interest), and fund expenses,
imposed by mutual funds, ETFs, or private funds (which are disclosed in each fund’s prospectus
or other offering documents), charges imposed by Third-Party Managers, deferred sales charges,
odd lot differentials, transfer taxes, wire transfer and electronic fund fees and other fees and
taxes on brokerage accounts and securities transactions. Clients can invest in mutual funds,
ETFs, and private funds directly, without Crewcial’s services. However, such client would not
receive the services provided by the Firm which are designed, among other things, to assist
clients in determining which mutual funds, ETFs, and private funds are most appropriate for
such client's financial condition and objectives.

Advance Payment of Fees
Clients billed at the middle of each quarter may pay Crewcial prior to the end of the billing

quarter, but only for the quarter then underway. Crewcial requests that payments be sent upon
receipt of the fee invoice.

Fees Upon Termination

If a Form ADV Part 2A Disclosure Brochure is not provided at least 48 hours in advance of the
signing of the advisory agreement, the client may terminate investment advisory services obtained
from Crewcial, without penalty, upon written notice within five (5) business days after entering into
the advisory agreement with Crewcial.

If a client prepays a fee and the agreement terminates before the end of the billing period, all
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Item 7     Types of Clients
 Crewcial provides investment consulting services to the following types of clients:
   • Not-for-profit institutions – endowments, foundations, charitable organizations, and
     educational institutions
   • High-net-worth individuals/Trusts
   • Pension and profit sharing plans (other than plan participants)
   • Corporation or other businesses not listed above

 Crewcial provides investment management services predominantly to not-for-profit institutions,
 including foundations and charitable organizations.
In general, a minimum of $25 million is required to become a client of Crewcial Partners. At our
discretion, we may waive the minimum account size. For example, we may waive the minimum if
there is significant potential for increasing assets under advisement and/or management. We may
also combine account values for affiliated clients to meet the stated minimum or waive the minimum

for a separate entity with a close affiliation to an existing client.