Fortigent LLC

Item 5. Fees and Compensation
Services to Financial Intermediaries

Fees

Fortigent’s compensation is outlined in the Investment Services Agreement and includes an annual fixed
fee ranging up to $500,000 as well as a charge for each account with respect to which Fortigent provides
reconciliation and performance reporting services. The per account charge ranges up to $1500 per year per
account, but is generally waived with respect to accounts associated with the Access Overlay Program.
Fortigent invoices the Financial Intermediary for both the annual and per account charges quarterly in
arrears at the end of each quarter. The fees charged by Fortigent are not based on the capital gains or the
capital appreciation of any funds of any Client. Lower fees may be negotiated on a case by case basis in the
sole discretion of Fortigent and discounts may be provided to a Financial Intermediary based on, among
other factors, the level of the Financial Intermediary’s business relationship with Fortigent.

Whether a Financial Intermediary in turn bills its Client(s) for all or a portion of this cost is within the sole
discretion of the Financial Intermediary.

Termination

Generally, the Financial Intermediary’s Investment Services Agreement may be terminated by either
party, at any time for any reason, upon 90 days written notice during the first term of the contract,
subject to a termination penalty. Thereafter, the Investment Services Agreement may be terminated as of
the end of the current term without penalty upon 90 days written notice in advance of annual renewal.
Financial Intermediaries are responsible for payment of fees until the termination of the Investment
Services Agreement. All prepaid but unearned fees are refunded to the Financial Intermediary upon
termination of the agreement.

Access Overlay Unified Managed Account Program

Fees

Access Overlay Program Client fees are paid quarterly in arrears at the end of each quarter to Fortigent, the
Overlay Manager, and the Research Providers. Fees are based on the net asset value of the account on
the last business day of each calendar quarter. The annual investor fees typically range from 0.05%
to 1.15% of assets under management (“AUM”), depending on size and the investment strategy selected
for the investor’s account. Clients should consult the Access Overlay Investment Advisory Agreement
for additional details and to confirm specific fees that will apply to their account. The portion of that
total retained by Fortigent as sponsor of the program represents 0.05% to 0.25% of AUM (depending on
account size and investment strategy selected), and the remainder is paid to the Overlay Manager and
applicable Research Providers, which may be Fortigent or LPL in limited circumstances to provide
continuity of service. The annual investor fee can be higher in cases where a Research Provider is
providing services exclusively to certain investors and those services are not available to the entire
Access Overlay Program platform. Accounts are subject to an annual minimum that is the greater of 0.05%
or $350. Fortigent deducts fees from Client accounts.

Fees and minimums stated above are standard fees for Access Overlay P r o g r a m accounts. In some
circumstances, Research Providers or Financial Intermediaries negotiate different fee structures and
minimums than those stated above. Additionally, certain Financial Intermediaries have negotiated a lower
fixed fee for Fortigent’s services based on the total level of assets serviced by the Financial Intermediary
under the Access Overlay Program. Access Overlay Program Clients should be aware that this occurs and

should consult their Financial Intermediary for details on their particular fee arrangement.

Termination

The Access Overlay Investment Advisory Agreement may be terminated at any time either by the Client or by
Fortigent by written notice to the other of such termination. Upon notification, Fortigent will terminate
the Access Overlay Investment Advisory Agreement subject to the settlement of any outstanding trades
and, if requested by Client, the liquidation of portfolio securities. Fees payable hereunder will be prorated
to the date of termination as specified in the notice of termination.

Item 7. Types of Clients
Services to Financial Intermediaries

The Financial Intermediaries utilizing this service generally include registered investment advisers, banks
and trust companies, and independent broker-dealers.

Access Overlay Program

Clients utilizing this service generally include individuals, pension and profit sharing plans, trusts,
corporations, and estates.

The minimum account assets for the Access Overlay Program are $250,000 for accounts utilizing the tax
overlay feature of the program and $100,000 for accounts not utilizing the tax overlay feature of the program.
The minimum annual fee for Access Overlay Program accounts is $350. These minimums are negotiable
and have been waived for some Clients.