Equitable Investment Management Group LLC

Item 5: Fees and Compensation

EQ Advisors Trust and EQ Offshore Trust

For the Registrant’s advisory services, each Portfolio of EQ Advisors Trust and EQ Offshore Trust
pays the Registrant an investment advisory fee that is computed daily and paid monthly at the annual
rate indicated in the applicable prospectuses (which are incorporated herein by reference) and based
on the value of the average daily net assets of that Portfolio. The investment advisory fee schedules
for the Portfolios of EQ Advisors Trust are set forth in Appendix A. The effective annual rate of the
investment advisory fee for each EQ Offshore Fund (as a percentage of that EQ Offshore Fund’s
average daily net assets) is 1.00%. Investment advisory fees are deducted directly from each
Portfolio’s assets.

The Registrant pays each sub-adviser to a sub-advised Portfolio (or portion thereof) a sub-advisory
fee based on the average daily net assets allocated to the sub-adviser. No Portfolio is responsible for
the sub-advisory fees paid to any of its sub-advisers.

The Registrant may enter into an Expense Limitation Agreement with a Portfolio whereby the
Registrant may waive or limit the fees payable to it or certain of its affiliates or assume certain
expenses of the Portfolio. Fees payable by each Portfolio may be negotiated from time to time, but
any changes to such fees are subject to compliance with applicable law.

Certain Portfolios of EQ Advisors Trust are structured as funds-of-funds that invest in portfolios of
investment companies in the same fund complex as the Portfolios (such investee portfolios referred
to herein as affiliated “Underlying Portfolios”) and/or in series of investment companies outside the
fund complex (unaffiliated “Underlying Portfolios”) and/or in exchange-traded securities of
investment companies or investment vehicles (“ETFs”) (“Underlying ETFs”), subject to applicable
law. EQ Advisors Trust is part of a fund complex that also includes 1290 Funds, for which Equitable
Investment Management, LLC, an affiliate of the Registrant, currently serves as investment adviser.

Equitable Investment Management Group, LLC
Form ADV Part 2A – Disclosure Brochure
4897-0066-1916

Prior to January 1, 2023, the Registrant served as the investment adviser to 1290 Funds. Like EQ
Advisors Trust, 1290 Funds is an investment company that is formed as a Delaware statutory trust
and that is registered under the 1940 Act.

In addition to the fees and expenses directly associated with the Portfolios, including as described
below under “Other Fees or Expenses,” an investor in a Portfolio that is structured as a fund-of-funds
indirectly bears the fees of the Underlying Portfolios and Underlying ETFs in which the Portfolio
invests. In managing a Portfolio that invests in Underlying Portfolios and/or Underlying ETFs (that
is, a “fund-of-funds” Portfolio), the Registrant will have the authority to select and substitute the
Underlying Portfolios and Underlying ETFs. The Registrant is subject to conflicts of interest in
selecting, and allocating a fund-of-funds Portfolio’s assets among, Underlying Portfolios and
Underlying ETFs because the Registrant and its affiliates earn fees for managing, administering, and
providing other services to the affiliated Underlying Portfolios, but not the unaffiliated Underlying
Portfolios or Underlying ETFs. In addition, the Registrant is subject to conflicts of interest in
selecting, and allocating a fund-of-funds Portfolio’s assets among, various affiliated Underlying
Portfolios because the revenue and/or profits the Registrant and its affiliates receive from some of
the affiliated Underlying Portfolios is higher than the revenue and/or profits received from other
affiliated Underlying Portfolios for the services the Registrant and its affiliates provide. The
Registrant also could be subject to potential conflicts of interest when selecting ETFs for an affiliated
Underlying Portfolio.

EQ Allocation Funds Trust

No compensation is paid to the Registrant by EQ Allocation Funds Trust for the services provided
under the Investment Management Agreement with respect to the EQ Cayman Funds. In addition,
the Registrant may enter into an Expense Limitation Agreement with EQ Allocation Funds Trust with
respect to an EQ Cayman Fund whereby the Registrant may waive or limit its fees or assume certain
expenses of the EQ Cayman Fund.

In addition to the fees and expenses directly associated with the EQ Cayman Funds as described
below under “Other Fees or Expenses,” an investor in an EQ Cayman Fund indirectly bears the fees
of the underlying funds in which the EQ Cayman Fund invests, which may include advisory and other
fees paid to the Registrant by an EQ Offshore Fund in which the EQ Cayman Fund is invested (such
EQ Offshore Fund in which the EQ Cayman Fund is invested referred to herein as an affiliated
“Underlying Portfolio”) and, in certain instances, sub-advisory fees paid by the Registrant to its
affiliates. The Registrant has the authority to select and substitute the underlying funds in which
each EQ Cayman Fund invests, including investments in an affiliated Underlying Portfolio. The
Registrant is subject to conflicts of interest in selecting, and allocating an EQ Cayman Fund’s assets
among, such affiliated Underlying Portfolios because the revenue and/or profits the Registrant and
its affiliates receive with respect to some of these underlying funds may be higher than the revenue
and/or profits received with respect to others. The Registrant also could be subject to potential
conflicts of interest when selecting ETFs for an affiliated Underlying Portfolio.

Other Fees or Expenses

Clients may pay other fees and expenses in addition to the fees paid to the Registrant. For example,
clients may pay costs such as brokerage commissions, transaction fees, custodial fees, administration
fees, sales charges, distribution and/or service (12b-1) fees, transfer agency and sub-transfer agency
...

Item 7: Types of Clients

The Registrant provides investment advisory and certain related administration services to an
investment company that is registered under the 1940 Act and to investment trusts that are exempt
from such registration. The Registrant also provides asset allocation models and advice to affiliated
and unaffiliated third-party intermediaries for their use in managing assets of their clients.

EQ Advisors Trust

Shares of the Portfolios of EQ Advisors Trust may be sold only to insurance company separate
accounts in connection with variable life insurance contracts and variable annuity certificates and
contracts (“Contracts”) issued by Equitable Financial and other affiliated or unaffiliated insurance
companies; tax-qualified retirement plans; other Portfolios of EQ Advisors Trust that sell their shares
to such accounts and plans; and other investors eligible under applicable tax regulations. One or
more affiliated insurance companies may invest (e.g., through its general account) in shares of
Portfolios of EQ Advisors Trust. The Portfolios of EQ Advisors Trust do not have minimum initial or
subsequent investment requirements.

EQ Allocation Funds Trust and EQ Offshore Trust

Units of the EQ Cayman Funds are issued in connection with a private offering to certain institutional
investors made available through insurance products offered by AXA Life Insurance Co., Ltd. Units
of the EQ Offshore Funds are available only as investment options for the EQ Cayman Funds.

Equitable Investment Management Group, LLC
Form ADV Part 2A – Disclosure Brochure
4897-0066-1916