Equity Armor Investments LLC

Item 5. Fees and Compensation
In its role as an investment adviser, EAI is compensated for its advisory services in accordance with the
Fee Schedule set forth in its investment management agreement with the client which is reflected
below. EAI may agree to fees that differ from the schedule below.

                                      Equity Armor Investments, LLC

                                         ADVISORS FEE SCHEDULE

                   Options, Overlay Consulting & Management Services – Annual Fee

For option, overlay consulting, and management services (provided by Equity Armor Investments). Up to
2.50% of assets under management based on following schedule:

                           Net Asset Value                          Annual Fee

                           Less than $249,999                          2.50%

                           $250,000 – 999,999                          2.25%

                           $1,000,000 – 9,999,999                      2.00%

                           $10,000,000+                             Negotiated

When possible, if the custodian allows, the client can choose to have fees billed daily, monthly, or
quarterly in arrears based on the pro rata annual management fee. Fees may be amended at the
discretion of Equity Armor Investments. Fees charged are computed based on net asset value (NAV) of
assets under management on that billing cycle end date or can be chosen by the client on an average
NAV over the calculated time frame. Upon approval the client instructs their respective broker-dealer to
issue payment to Equity Armor Investments, LLC.

Before clients are billed, the fee calculation is reviewed by the client’s EAI account representative and
approved by Brian Stutland before being submitted to the client for approval. Upon approval, the client
instructs their respective broker-dealer to make the payment to us. Please be advised that EAI
employees and their related accounts are not charged EAI’s advisory fees.

Clients pay all commissions and other costs and fees associated with or imposed by their respective
broker-dealer. We do not impose fees, costs, or expenses beyond those contained in the Fee Schedule
below. Should an advisory contract be terminated by the client, the determination of advisory fees due,
if any, shall be calculated on a prorated basis.

Fees are neither billed nor collected in advance.

A client has a right to terminate a contract for advisory services, without penalty, within five (5) business
days after entering into the contract if the client did not receive the firm’s Form ADV, Part 2A and
Schedules 2B, or Form CRS or at any other time upon written notice.

The firm's Representatives providing advice to clients do not accept compensation for the sale of
securities or other investment products. Nor do they receive asset-based sales charges or service fees
from the sale of mutual funds. We try and avoid activities that by their nature or structure might
provide an incentive for a Representative to choose one investment over another or depart from clients’
particular needs.

Clients can purchase investment products through brokerage firms and agents other than those
recommended by us. Clients are required to select a broker of their choice prior to entering into the
services agreement with us. That firm must be registered in the state in which the client resides.

Commissions on EAI Managed Accounts

Commissions’ schedules, rates, charges, account fees and all other fees charged by the clients’ designated
brokerage firm(s) are the clients’ responsibility. EAI has no input or control over rates charged at the
designated broker/ dealer/ brokerage firm the client chooses. Clients are required to be fully aware and
responsible for all fees and rates for trading of stocks, options, ETF’s, fixed income securities and all account
fees on their account(s) at their selected brokerage firm(s).

Incentive Fee: In addition to the Annual Management Fee, certain clients could agree to pay EAI a fee equal
to a negotiated percentage of profits which will be detailed in that client’s advisor agreement. EAI shall
calculate for each calendar quarter (or month) the net increase or decrease in NAV between the last day of
the prior calendar quarter (or month) and the last day of the calendar quarter (or month) for which the
calculation is made, subtracting any additional contributions to the account and adding back any
withdrawals from the account during the applicable calendar quarter (or month). Should the calculation of
the NAV result in a decrease in any calendar quarter (or month), such loss shall be carried forward and
applied against each ensuing calendar quarter’s (or month) NAV until such loss has been completely
utilized. The Incentive Fee shall be paid on a quarterly or monthly based on the client’s agreement.

The NAV of accounts managed by EAI shall be determined as of the close of business on the last business
day of each calendar quarter or month, and the Annual Management Fee and Incentive Fee will be
computed and billed as soon as practicable after the end of each calendar quarter or month. Fees for any
partial quarter or month shall be prorated according to the portion of the quarter or month in which the
account was in effect. Fees are due immediately upon receipt by client of a bill from EAI and, unless other
arrangements are made, shall be paid by the custodian of the account out of the assets of the same account
managed by EAI. In the event that the payment of fees to EAI requires the liquidation of securities, clients
acknowledge that such redemption will have tax consequences unless their account is tax deferred.

Other Compensation

As described in the examples below, EAI and/or its employees and representatives may have
arrangements where compensation or some other economic benefit is received by EAI or a
representative from a non-client in connection with giving advice to clients. EAI may also have
...

Item 7. Types of Clients

EAI provides investment advisory services for investment companies, individuals, other investment
advisers, trusts and estates, including EAI employees and their related accounts.

The minimum market value of cash and/or securities to open an account is $250,000. The minimum
may be waived at EAI’s discretion.