Family Legacy Inc

Item 5 – Fees and Compensation

Family Legacy, Inc. uses the following fee schedules for assets under management and ongoing
 inancial planning.

Individually Managed Accounts

Value of Account Annual Fee
0 - $3,000,000                               1.50%
Next $5,000,000                              1.25%
Greater than $8,000,000                      1.00%

Asset Allocation Portfolios

Value of Account Annual Fee
$0 - $500,000                                1.50%
Next $500,000                                1.25%
Next $2,000,000                              1.00%
Greater than $3,000,000                      0.75%

Family Legacy, Inc. charges a management fee on asset allocation portfolios that is less than the fee
charged for individually managed accounts on account values above $500,000. While fees on these
portfolios paid to Family Legacy, Inc. may be lower, aggregate fees paid by the client may be higher
than individually managed portfolios because of expense ratios charged by the pooled investment
vehicles paid by the end client. Asset allocation portfolios are not speci ically tax-managed, which
Family Legacy, Inc. helps provide for in taxable individually managed accounts.

Fees are generally payable quarterly in advance. The initial billing period starts upon the receipt of
any funds or securities in the account. The irst payment will be prorated to cover the period from
the date the account is funded through the end of the current calendar quarter. Clients will be
invoiced in advance at the beginning of each calendar quarter based upon the value of the account
at the end of the previous quarter. In limited situations, fees are negotiable. If a portfolio
management agreement is terminated within ive days of execution, fees are completely refunded. If
a portfolio management agreement is otherwise terminated, refunds are made on a pro-rata basis
upon written request.

Retirement Plan Services

Value of Account Annual Fee
$0 - $5,000,000                              0.50%
Next $5,000,000                              0.35%
Greater than $10,000,000                     0.25%

Fees for employee directed retirement plans are billed quarterly in arrears. In limited situations,
fees are negotiable.

All fees paid to Family Legacy, Inc. for investment advisory services are separate and distinct from
the fees and expenses charged by mutual funds to their shareholders. These fees and expenses are
described in each fund prospectus. These fees will generally include a management fee, other fund
expenses and a possible distribution fee. If the fund also imposes sales charges, a client may pay an
initial or deferred sales charge. A client could invest in a mutual fund directly, without the services
of Family Legacy, Inc. In that case, the client would not receive the services provided by Family

Legacy, Inc., which are designed, among other things, to assist the client in determining which
mutual fund or funds are most appropriate to each client’s inancial condition or objectives.

Accordingly, the client should review both the fees charged by the funds and the fees charged by
Family Legacy, Inc. to fully understand the total amount of fees to be paid by the client and to thereby
evaluate the advisor services being provided. Additionally, the custodian used will typically charge a
nominal fee on a per-trade basis.

Family Legacy, Inc.’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, and other third parties such as 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. Such charges, fees, and commissions are exclusive of
and in addition to Family Legacy, Inc.’s fee, and Family Legacy, Inc. does not receive any portion of
these commissions, fees and costs.

Fees and account size are negotiable. For smaller accounts, Family Legacy will generally ask that the
client enter a periodic investment plan where the client adds an automatic deposit to the account on a
regular basis.

We charge a ixed fee for initial consultation which generally includes inancial planning services
based on an agreed upon amount decided with the client before beginning the engagement. In most
initial cases, the client will agree to an engagement letter. In the client engagement letter, an actual
schedule of fees and dates to be paid are included. For on-going consultation or special projects the
client may request to be billed as the work progresses. The client may terminate these services at
any time and receive a full refund of any unearned portion of the fees upon written request.

Item 7 – Types of Clients
Family Legacy, Inc. provides portfolio management services to individuals, high net worth
individuals, corporate, pension and pro it-sharing plans, charitable organizations, trusts, estates
and corporations.

The minimum size for new individually managed accounts is $250,000. However, Family Legacy,
Inc., under certain circumstances, will negotiate this minimum account size. This minimum account
size will apply to new accounts and will not change the status for existing accounts. There is no
minimum account size for an asset allocation portfolio.