East End Financial Group Inc

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or
more agreements with the Advisor.

A. Fees for Advisory Services
Investment Management Services
Investment management fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
investment management agreement. Investment management fees are based on the market value of assets under
management at the end of the prior calendar quarter.

                                               East End Financial Group, Inc.
                                         318 Roanoke Avenue, Riverhead, NY 11901
                                          Phone: 631-727-8111 * Fax: 631-727-1817
                                            http://www.eastendfinancialgroup.com

Investment management fees are typically based on the following schedule:

                  Assets Under Management ($)                      Annual Rate (%)
                    Up to $2,000,000                                     1.00%
                    $2,000,001 to $3,000,000                             0.75%
                    $3,000,001 to $5,000,000                             0.50%
                    $5,000,001 and Over                                  0.25%
                  * Clients are subject to a minimum annual fee of $5,000

Investment management fees for accounts referred to the Advisor below $500,000 are billed at an annual rate of
1.20%.

Certain legacy Clients may be on the following fee schedule:

                  Assets Under Management ($)                      Annual Rate (%)
                    Up to $1,000,000                                     1.00%
                    $1,000,001 to $1,500,000                             0.75%
                    $1,500,001 to $2,000,000                             0.50%
                    $2,000,001 and Over                                  0.25%
                  * Clients are subject to a minimum annual fee of $5,000

Investment management fees for charitable organizations and municipalities are based on the following schedule:

                  Assets Under Management ($)                      Annual Rate (%)
                    Up to $500,000                                       1.00%
                    $500,001 to $1,000,000                               0.75%
                    $1,000,001 to $2,000,000                             0.50%
                    $2,000,001 and Over                                  0.25%
                  * Clients are subject to a minimum annual fee of $5,000

The investment management fee in the first quarter of service is prorated from the inception date of the account[s]
to the end of the first quarter. Fees may be negotiable at the sole discretion of the Advisor. Certain Clients may also
have limited scope services offered at a fee schedule that is lower than listed above. Additionally, certain Clients
may be offered services for a fixed annual fee engagement or other fee methodologies. The Client’s fees will take
into consideration the aggregate assets under management with the Advisor All securities held in accounts
managed by EEFG will be independently valued by the Custodian. The Advisor will conduct periodic reviews of the
Custodian’s valuation to ensure accurate billing.

The Client may make additions or withdrawals from the account[s] at any time, subject to the Advisor’s right to
terminate an account or the overall relationship. Additions may be in cash or securities provided that the Advisor
reserves the right to liquidate any transferred securities or decline to accept particular securities into a Client’s
account[s]. Clients may withdraw account assets on notice to the Advisor, subject to the usual and customary
securities settlement procedures. However, the Advisor typically designs its investment portfolios as long-term
investments, and the withdrawal of assets may impair the achievement of a Client’s investment objectives. The
Advisor may consult with the Client about certain implications due to such transactions. Clients are advised that
when such securities are liquidated, they may be subject to securities transaction fees, short-term redemption fees,
and/or tax ramifications. If assets in excess of $100,000 are deposited into or withdrawn from the Client’s
account[s], the Advisor’s fee will be adjusted prior to the next billing period to reflect the fee difference. The Advisor
may negotiate a fee that differs from the schedule above for certain account[s] or holdings.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and
other related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the
Advisor shall not receive any portion of these commissions, fees, and costs.

                                                   East End Financial Group, Inc.
                                             318 Roanoke Avenue, Riverhead, NY 11901
                                              Phone: 631-727-8111 * Fax: 631-727-1817
                                                http://www.eastendfinancialgroup.com

Use of Independent Managers
As noted in Item 4, the Advisor may implement all or a portion of a Client’s investment portfolio utilizing one or more
Independent Managers. To eliminate any conflict of interest, the Advisor does not earn any compensation from an
Independent Manager. The Advisor will only earn its investment advisory fee as described above. Independent
Managers typically do not offer any fee discounts but may have a breakpoint schedule which will reduce the fee
with an increased level of assets placed under management with an Independent Manager. The terms of such fee
...

Item 7 – Types of Clients

EEFG offers investment advisory and related services to individuals, high-net-worth individuals, trusts, estates,
charitable organizations, municipalities, businesses, and retirement plans. EEFG generally does not implement a
minimum size for establishing a relationship to effectively implement its investment process.

                                             East End Financial Group, Inc.
                                       318 Roanoke Avenue, Riverhead, NY 11901
                                        Phone: 631-727-8111 * Fax: 631-727-1817
                                          http://www.eastendfinancialgroup.com