Forum Financial Management LP

Fees and Compensation

We believe our fees are reasonable for the services provided and in relation to fees charged by other advisers
offering similar services. However, our fees could be higher or lower than fees charged by other advisers offering
similar services.

How we are paid depends on the type of advisory service we are performing. Please review the fee and
compensation information herein. Fees could be negotiable based on factors such as the complexity of your
financial situation or total assets under management. Therefore, some clients could pay different fees than the fee
schedule stated herein, including a fixed fee in some limited cases. Your exact fee and other terms will be outlined
in the advisory agreement you sign.

Portfolio Management Services Fees

The annual fee for portfolio management services will be charged as a percentage of assets under management,
after adjustments for cash flows, according to the following standard schedule. This is a tiered schedule; the first
tier remains in effect and only incremental portfolio values are billed at each specific rate.

The maximum fee schedule is:

                                 Portfolio Value                      Annual Fee
                                 From $ 0 to $ 999,999                1.20 %
                                 From $ 1,000,000 to $ 1,999,999      1.00 %
                                 From $ 2,000,000 to $ 4,999,999      0.80 %
                                 Above $ 5,000,000                    0.75 %

Alternatively, Forum’s Portfolio Management Services fees can be charged as a fixed percentage of assets under
management or a fixed fee. Regardless of the agreed upon fee structure, and unless the client is considered to be
a Minimum Fee Client as defined below, the fee charged will not exceed the maximum fee schedule. Additionally,
advisory fees are negotiable and Forum reserves the right to discount or waive the fee charged to any client.

Forum’s policy is to charge management fees quarterly to clients, in arrears. The custodian generally directly debits
advisory fees from client accounts only after obtaining client authorization by client agreement and the applicable
custodial account form(s). Forum supports other billing methodologies upon request or when a person becomes a
client of Forum following the transition from another investment adviser’s business.

When advisory fees are directly debited from your investment accounts, we are responsible for calculating the fee
and delivering instructions to the custodian. We encourage you to review the account statements you receive from
the custodian to verify that appropriate fees are being deducted from your account. The custodian does not verify
the accuracy of the investment advisory fees deducted. If you have any questions or concerns about your invoice,
we encourage you to contact Forum immediately.

Fees are calculated on the fair market value of your investment portfolio, plus any credit balance or minus any debit
balance, as of the last day of the calendar quarter. Your investment portfolio will typically hold investment options
that are regularly traded on an open exchange with an observable market value, which is used to calculate the
advisory fee. The account custodian provides the valuation of these securities.

You can terminate our Portfolio Management Services by providing Forum written notice at least 30 days prior to
your intended termination date. Your final fee will be prorated based on the number of days services are provided
during the final billing period, up to and including the termination date, and will be calculated on the amount of
assets under management on the termination date. Unearned fees paid in advance will be refunded upon
termination.

Cash Positions – Forum treats cash as an asset class. As such, unless determined to the contrary by Forum, all
cash and cash equivalents will be included as part of assets under management for purposes when calculating

Forum’s advisory fee. At any specific point in time, depending upon perceived or anticipated market conditions or
events, and there being no guarantee that such anticipated market conditions or events will occur, Forum could
maintain cash positions for defensive purposes. In addition, while assets are maintained in cash, such amounts
could miss market advances. Depending upon current yields, at any point in time, Forum’s advisory fee could
exceed the interest paid by the client’s money market fund.

Minimum Fee Clients - In certain cases, clients with less than $335,000 in investable assets that engage Forum for
both Portfolio Management and Financial Planning Services could be subject to a minimum annual fee. Application
of this minimum annual fee, and the amount of such fee, are negotiable at Forum’s discretion, subject to a $4,000
ceiling annually. Application of the minimum fee will generally result in these clients paying a higher total annual fee
than the 1.20% reflected in the tiered fee schedule. As a result, similarly-situated clients could pay varying fees,
and the services provided by Forum could be available from other sources for similar or lower costs. For clients
subject to the minimum fee, assets under management will be reviewed on a quarterly basis, and applicable clients
will be automatically transitioned to an asset-based fee arrangement when their assets under management reach
or exceed $335,000. Clients currently subject to a previously agreed upon minimum fee arrangement will remain
on that fee structure in accordance with the terms of their existing Investment Advisory Agreement. Clients who are
converted from Forum’s annual fee to an asset-based fee will remain subject to Forum’s asset-based fee unless
and until otherwise agreed in writing, even if assets under management subsequently fall below $335,000. For
clients on a minimum fee arrangement, fees will be invoiced and payable every three months from the date of the
...

Item 7 – Types of Clients

Individuals and Institutions

Forum offers advisory services to individual clients and institutional clients, including, but not limited to, plan
sponsors of qualified retirement plans, trusts, estates, charitable organizations, and corporations or other business
entities. In general, we require a minimum of $25,000 under management for Portfolio Management Services.

Minimum Fee Clients - In addition, clients who engage Forum for Portfolio Management and Financial Planning
Services, and who place less than $335,000 under Forum’s management, could be subject to a minimum annual

fee. Application of the minimum fee, and the amount of such fee, are negotiable at Forum’s discretion, subject to a
$4,000 ceiling on annual fees. Application of the minimum fee will generally result in subject clients paying a higher
total annual fee than the 1.20% reflected in the fee schedule shown in Item 5 – Fees and Compensation. As a result
of this minimum annual fee, similarly situated clients could pay varying fees, and the services to be provided by
Forum could be available from other sources for similar or lower costs.

At our discretion, we can waive or modify these minimums. For example, we can waive our minimum account size
requirement if you appear to have significant potential for increasing your assets under Forum’s management.
Account values can be combined for you and your minor children, joint accounts with your spouse, and other types
of related accounts to meet the stated minimum account size and/or to avoid our minimum annual fee.

Registered Investment Adviser Firms

Forum also acts as both a sub-advisor and a back-office service provider to other RIAs. These services include, but
are not limited to, trading, billing, reporting, technology, marketing, coaching, client service, and wealth planning.
Additionally, Forum offers its model portfolios and investment advice to these RIAs for use with their clients. Forum
receives compensation from the RIAs and, indirectly, the RIA’s clients for these services.