Eagan Capital Management LLC

Item 5 – Fees and Compensation

The specific manner in which fees are charged by ECM is established in a client’s written advisory
agreement with ECM. The Client (or custodian) shall pay to the Advisor quarterly, in advance, one
fourth of the annual fee. The annual fee equals three quarters of one percent (0.75%) of the assets
under management. Calculation of the assets at inception and quarterly thereafter shall be based
upon the fair market value of the portfolio (including cash or its equivalents) as determined by the
Advisor. The fee payable for any portion of a calendar quarter shall be pro-rated. This quarterly
assessment shall be due and payable within thirty (30) days of its receipt by the Client. For a client
who invests in a private equity real estate fund (“REOC”) associated with ECM, this fee is assessed
on a monthly basis and deducted from the REOC. No fee shall be based upon either capital gains
or capital appreciation of the Client’s assets. Most clients choose to have this fee deducted from
their account. A small number of clients choose to be billed. The choice of how to pay the fee is
entirely up to the Client.

ECM’s fees are exclusive of brokerage commissions, transaction fees, and other related costs and
expenses which shall be incurred by the client. Clients may incur certain charges imposed by
custodians, brokers, third party investment and other third parties such as fees charged by
managers, custodial fees, 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. Mutual funds and exchange traded funds also charge internal management fees,
which are disclosed in a fund’s prospectus. Such charges, fees and commissions are exclusive of

and in addition to ECM’s fee, and ECM shall not receive any portion of these commissions, fees,
and costs. See Item #12 as well.

When ECM acts as a Solicitor for HAM, ECM receives a third of the fee assessed by HAM. The fee
paid by the Client to HAM is exactly the same as it would be if no Solicitor were involved. It is HAM
and not the client which compensates ECM for acting as a Solicitor. See Item #10 as well.

On those rare occasions when ECM is asked by the Client to prepare a comprehensive financial
plan, ECM charges an hourly fee. At this time, that hourly fee is $600/hour. Fees are not normally
charged to prepare goal-specific plans.

ECM does not receive compensation for the sale of securities or other investment products. The
vast majority of investments found within advisory accounts today consist of individual securities,
both public and private, ETFs, or no-load mutual funds. Whenever possible, Institutional share
classes are used to purchase actively managed mutual funds.

Clients have the option of purchasing investment products recommended by ECM from other
Broker/Dealers or agents that are not affiliated with ECM or Edward W. Eagan.

Item 7 – Types of Clients

ECM provides portfolio management services to individuals and high net worth individuals.
However, the vast majority of clients are individuals. There is no minimum account size required to
open an account with ECM.