Dynamic Beta Investments LLC

Item 5 Fees and Compensation
The specific fees applicable to each Client are set forth and detailed in each Client’s respective
offering documents. Generally, DBi receives management fees from the Clients, or from the advisor
as applicable for sub-advised Clients, based upon a percentage of assets under management. The
compensation method is explained and agreed with each Client in advance, before any services are
rendered. The fees charged to the Clients are calculated daily or monthly in arrears, depending on
the governing documents and offering memoranda of the particular Client, and are based on the net
or gross assets. From time to time, the Company may enter into side letters or other similar
agreements with one or more Clients that alter, modify, reduce, or waive the management fee terms
or other terms of the applicable Client’s governing documents. See “Item 8 – Methods of Analysis,
Investment Strategies and Risk of Loss” below for more details.

A Client agreement may be terminated in accordance with the particular terms of the Client
agreements. All fees paid to DBi are separate and distinct from the fees and expenses charged to
Clients, including, but not limited to, organization costs, margin costs, brokerage commissions,
applicable exchange or clearing fees, expenses related to buying and selling securities, including
any issue or transfer taxes, fees and expenses of any custodian, escrow agent or other investment
related service provider of the Client, other transaction costs, NFA fees, and all taxes and corporate
fees payable to governments or agencies, pursuant to each particular Client’s governing documents
and offering memoranda.

Item 7 Types of Clients
DBi provides either investment advisory or sub-advisory services to the following groups of Clients:

      “RICs, under the Investment Company Act, for which DBi serves as a sub-adviser.
      Non-U.S. pooled investment vehicles including UCITs, for which DBi serves as a sub-
       adviser., and
      Private investment companies that are exempt from registration under Section 3(c)(7) of the
       Investment Company Act. Interests in the Clients are offered to qualified investors in the
       U.S. and elsewhere on a private placement basis. Such investors could include financial
       institutions, individuals, investment companies or partnerships, trusts, family offices,
       endowments, pension funds, and others;

DBi also provides model algorithms as a model provider to two investment strategies. DBi does
not sponsor the investment, as its sole role is to provide trading signals based on its proprietary
algorithms.