Defender Capital LLC

Item 5 Fees and Compensation

Asset Management Fees
Pursuant to an Investment Advisory contract signed by each client, the client will pay Defender
an annual Investment Advisory fee paid monthly in arrears based on the value of portfolio assets
under management in the account on the last day of each month. For new accounts, fees will be
prorated from the inception of the account to the end of the first month. Deposits and
withdrawals during the month will be prorated.

Investment Advisory range from 2.00% per annum to 0.50% per annum depending on the type
and complexity of the investment management strategy employed as well as the size of the
account or overall client relationship. Investment Advisory fees may be reduced or waived for
directors, officers, and employees of Defender, as well as family members or accounts with
100% cash at the discretion of management. Defender may negotiate these fees at its sole
discretion. The Custodian will automatically deduct investment Advisory fees from the client
account on a monthly basis. The client will give authorization permitting the Advisor to be paid
directly from their account held by the custodian. The custodian will send a monthly statement
to the client. For accounts where it is not practical to have fees directly deducted, Defender will
invoice the client on a monthly, quarterly, semi-annual or annual basis based on the agreement
with the client.

Either party may terminate the Investment Advisory contract, at any time, by written notice to
the other party. Such termination shall be effective thirty days after receipt of such notice in
writing. Upon effectiveness of termination, the Advisor will calculate the fee from the beginning
of the billing period to the termination effective date and instruct the Custodian to deduct such
fee from the client account. If the fee has been paid in advance, the Advisor will calculate the
pro-rated fee through the termination date and return the remainder.

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Where Defender is selecting and referring clients to unaffiliated third-party asset managers, the
third-party money manager will receive an investment advisory fee, billed monthly or quarterly
in advance or in arrears depending on the custodian used for the account, and the fee will be
based on the account asset value at the end of the period. New account fees will be prorated
from the inception of the account to the end of the period. Defender will receive a portion of the
investment advisory fee for the assistance with account opening paperwork and maintenance,
ongoing monitoring of the activities of the third-party asset manager on behalf of the client, and
ongoing client assistance.

Hourly Fees
Some clients may contract to have financial planning or investment advisory advice provided
based on an hourly fee rather than based on the assets under management. The Advisors hourly
fee will be billed at a rate of $300 per hour but may be negotiated in advance. Hourly fee-based
clients are billed on a monthly basis upon completion of work performed.

Fixed Fees
Defender may charge a fixed fee for comprehensive financial planning services ranging from
$1,000 to $25,000 per plan, depending on the scope and complexity of the services performed, as
contracted with client in advance. Fixed fees may be negotiated in advance based at the
discretion of the Advisor. Fixed fee-based clients are billed on a monthly basis upon completion
of work performed.

At no time will Defender accept or maintain custody of a client’s funds or securities except for
authorized fee deduction. The client is responsible for all custodial and securities execution fees
charged by the custodian and executing broker-dealer. The Advisor’s fee is separate and distinct
from the custodian and execution fees.

Non-ordinary fees or fees incurred at the direction of the client shall be paid by the client. One
example of a non-ordinary fee is a fee paid to a third-party class action recovery service provider
engaged by Defender Capital in the event that a security held by the client undergoes a class
action lawsuit. The third-party would receive a fee for their efforts in recovering funds for the
client.

Neither Defender nor its supervised persons accept 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

The Advisor will offer its services to individuals, pension and profit sharing plans, trusts, estates,
charitable organizations, private funds, donor advised funds, corporations and other business
entities.

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The Advisor’s cumulative minimum household account requirement for opening and maintaining
an account is $2,000,000. However, based on facts and circumstances the Advisor may, at its
sole discretion, accept accounts with a lower value.