Fortune Wealth Management LLC

Item 5 Fees and Compensation

       Fortune Wealth Management, LLC fee schedule

       Less than $250,000                             1.30%
       $250,000 to $999,999                           1.05%
       $1,000,000 to $2,999,999                        .85%
       $3,000,000 to $5,999,999                        .70%
       $6,000,000 to $9,999,999                        .60%
       $10,000,000 to $14,999,999                      .55%
       $15,000,000 to $19,999,999                      .45%
       $20,000,000 and over                            .40%

All of a client’s assets under management with FWM are assessed at the same rate unless
otherwise noted. Fees are negotiable. Financial planning and hourly advice are billed at $250 per
hour. However, asset management clients do not pay an hourly fee unless a financial plan is
requested.

Asset management fees will be payable quarterly in arrears. In the event the agreement is
executed at any time other than the first day of the current calendar quarter, fees will be assessed
on a pro-rata basis.

Fees are deducted from the client’s account at the custodian in accordance with the Investment
Advisory Agreement. It is the client’s responsibility to verify the accuracy of the fee calculation.
The custodian will not determine whether the fee is properly calculated.

FWM’s advisory fees are for advisory services only and do not include any transaction fees or
additional fees which may be charged separately by the custodial firm. See the section entitled
“Brokerage Practices” for more information.

Client’s assets invested in shares of open or closed end mutual funds, exchange traded funds
(ETFs), variable annuity subaccounts, or other investment companies may be charged additional
internal fees and expenses. These fees and expenses are set forth in the investment company’s
respective prospectuses. Mutual funds recommended by FWM’s advisory services will be the
lowest cost institutional shares available.

For portfolio management, services will continue until either party terminates the agreement with
written notice. The client may terminate the agreement within the first five (5) days following
execution of the agreement without penalty. If termination occurs prior to the end of a calendar
quarter, the client will be billed for fees due on a pro-rata basis.

Maximum FWM hourly fees for financial planning and investment consultation are $250 per
hour. Fees are payable at the time of the delivery of the plan or consultation. For financial
planning and investment advice, the client may terminate the agreement at any time and pay a
fee based on time and effort expended prior to termination. Stand-alone agreements for financial
planning and investment consultation terminate upon delivery of the plan or services. FWM does
not charge in advance for financial planning or investment consultation.

                                  General FWM Fee Disclosure
Fees paid by clients in the various advisory programs and services of FWM may be more than
the cost of purchasing the same services separately or similar services elsewhere.

Item 7 Types of Clients

FWM provides advisory services to individuals, pension and profit-sharing plans and other
ERISA accounts, trusts, estates and business entities.

FWM’s recommended minimum investment amount for establishing and maintaining a Wealth
Management account is $250,000. Exceptions to this minimum may be granted or imposed at the
discretion of the IAR.