DGS Capital Management LLC

ITEM 5: FEES AND COMPENSATION

Separately Managed Account Fees
For its SMA clients, DGS is compensated through an annual fee charged as a percentage of assets under management.
The applicable fee depends on factors such as account size, strategy design, level of customization, implementation
complexity, tax-management features, servicing requirements, and the overall client relationship. DGS charges higher
fees for more complex investment mandates, such as long/short accounts and multi-account implementations.

The fees for any SMA are outlined in the master sub-advisory agreement for accounts assigned by wealth managers
(RIAs) or by the individual investment advisory agreement for clients that work directly with DGS.

Fees are negotiable at DGS's sole discretion, and DGS may offer fee structures to new clients that differ from those of
existing clients using similar services.

Billing of Advisory Fees
Fees are typically billed quarterly in arrears, based on the total account value as of the end of the prior quarter. They are
deducted directly from each Client's account by their custodian and paid to DGS.

Clients provide DGS with consent to deduct fees as outlined in the written agreement they enter into with DGS. The
Client also consents to the custodian by submitting a limited power of attorney, which typically assigns DGS Capital
with discretionary trading authority and the authority to debit fees by submitting invoices directly to the custodian.
Clients' custodians deliver account statements periodically (at least quarterly) directly to the clients. The statements
include all transactions in the account during the period covered, including any fees deducted and paid to DGS.

Clients are encouraged to review their account statements for accuracy and compare them to any reports received
from DGS. In the event of any discrepancies, clients should rely on the information in their custodian's account
statement.

Other Fees
The fees described above are specific to DGS's services. Clients may be responsible for any additional fees and
expenses charged by third parties such as custodians and brokers, including, but not limited to, any commissions
resulting from transactions placed in the Client's account(s), interest on margin accounts, or borrowing charges on
securities sold short. For additional information, please refer to the "Brokerage Practices" section (Item 12) of this Form
ADV. All fees paid to DGS for investment advisory services are separate and distinct from the fees and expenses
charged by mutual funds and ETFs held in client accounts.

Types of Clients
•   Registered Investment Advisors (RIAs)

                                                                                                          Form ADV Part 2A

•    Individuals, High-Net-Worth Individuals, and Trusts

DGS typically works with individuals and institutions through RIAs. RIAs typically manage a diverse range of client
accounts, including, but not limited to, individuals, high-net-worth individuals, estates, trusts, charitable organizations
(such as family trusts, endowments, and foundations), retirement plans (such as pension and profit-sharing plans),
corporations, limited liability companies, and other institutional accounts. Though not listed directly under our list of
clients, DGS can manage any of these client account types on a sub-advisory basis.

Conditions for Managing Accounts
DGS has specific minimum account size requirements for account management. These minimum account
requirements are based on the type of relationship (direct or indirect). They may be lowered at DGS’s sole discretion,
provided that regulatory-mandated minimums are met. The Client must agree to place assets in the custody of a
qualified custodian with whom DGS has an existing relationship or with whom DGS agrees to establish a new custodial
relationship. The Client must grant DGS the authority to manage their account by providing the custodian with a Limited
Power of Attorney ("LPOA"). The LPOA grants DGS discretionary trading authority, enabling the firm to implement and
manage the account in accordance with the agreed-upon investment strategy.