Gambit Capital Management LLC

Item 5: Fees and Compensation
Please note, unless a Client has received the firm’s Disclosure Brochure at least 48 hours prior to
signing the investment advisory contract, the investment advisory contract may be terminated by the
Client within five (5) business days of signing the contract without incurring any advisory fees. How we
are paid depends on the type of advisory service we are performing. Please review the fee and
compensation information below.
  Investment Management and Financial Planning Services (Gambit Manages)
Our standard advisory fee is based on the market value of the assets under management and is
calculated as follows:

                   Account                                          Annual Advisory
                    Value                                                Fee
                 $0 - $3,000,000                                         1.00%

                  > $3,000,000                                            0.25%

Certain clients may be subject to a legacy fee schedule that may differ from the fee schedule above.

The annual fees are negotiable, pro-rated and paid in arrears on a quarterly basis. The advisory fee is
based on the daily weighted average value of the account throughout the quarter and is calculated by
applying the weighted average value to the above listed fee schedule. No increase in the annual fee
shall be effective without agreement from the Client by signing a new agreement or amendment to their
current advisory agreement.

Advisory fees are directly debited from Client accounts, or the Client may choose to pay by check.
Accounts initiated or terminated during a calendar quarter will be charged a pro-rated fee based on the
amount of time remaining in the billing period. An account may be terminated with written notice at least
15 calendar days in advance. Since fees are paid in arrears, no refund will be needed upon the
termination of the account.

Use of Third Party Managers, Outside Managers, or Sub-Advisors
The standard advisory fee is based on the market value of the account and is calculated as follows:

                           GCM AUM                                   Annual Advisory Fee
                          First $20 mm                                       0.25%
                          Next $30 mm                                        0.20%
                       Assets over $50 mm                                    0.18%

The annual fee is paid in advance on a quarterly basis based on the amount of assets under advisement
as of the close of business on the last business day of the prior quarter. Fees for the first quarter will be
prorated from the date of the account is opened to the end of the quarter. If the account is closed, fees will
be prorated to the date the account is closed. The advisory fee rate will be a blended rate based on the
total assets under management, per the table above, with a minimum fee of $1,500 per account per year.

When First Trust is used as an Outside Manager, First Trust will debit the Client’s account for their fee.
Please note, the above fee schedule only includes First Trust’s fee. No increase in the annual fee shall be
effective without agreement from the Client by signing a new agreement or amendment to their current
advisory agreement. Upon termination of the account, any unearned fee will be refunded to the Client.

When Quantinno is used as an Outside Manager, Quantinno will debit the Client’s accounts for their fee.
To eliminate any conflict of interest, we do not earn any compensation from Quantinno. We will only earn
our investment management fee as described above. The terms of Quantinno’s fee arrangement are
included in Quantinno’s disclosure brochure and applicable contact with them.

Investment Management Platform

Client’s will be subject to the Betterment Institutional platform fee of 0.20% annually. The Client authorizes
this fee deduction through the investment platform agreement signed by the Client, Gambit Capital and
Betterment Institutional.

Fees charged for Betterment Institutional accounts are collected monthly, after services are provided. The Client
may terminate the account[s] with Betterment Institutional, at any time, by providing advance written notice to
Gambit Capital and Betterment Institutional. Gambit Capital will assist the Client with this process upon request.
The Client shall be responsible for platform fee up to an including the effective date of termination. The Client may
be subject to other terms as provided through the tri-party agreement with Betterment Institutional.

  Employee Benefit Plan Services
Gambit Capital will be compensated for Employee Benefit Plan services according to the value of
plan assets not to exceed 2.00% of total plan assets. The annual fees are negotiable, pro-rated and
paid in advance on a quarterly basis. This does not include fees to other parties, such as
RecordKeepers, Custodians, or Third-Party-Administrators. Fees for this service are either paid
directly by the plan sponsor or deducted directly from the plan assets by the Custodian on a
quarterly basis, and Gambit Capital’s fee is remitted to Gambit Capital. Accounts initiated or
terminated during a calendar quarter will be charged a pro-rated fee based on the amount of time
remaining in the billing period. An account may be terminated with written notice at least 15 calendar
days in advance.

  Outsource CIO Consulting Fees
Flat Fees for CIO consulting services are set at a fixed annual fee rate of $1,000 per month. The
annual fee is negotiable, and will be paid in arrears on a monthly basis. The final agreed-upon fee will
be notated on the contract. An account may be terminated with written notice at least 15 calendar
days in advance. Since fees are paid in arrears, no refund will be needed upon the termination of the
account. GCM will not bill an amount above $1,200.00 more than 6 months in advance.

  Tax Preparation Services
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Item 7: Types of Clients
We provide portfolio management services to accredited investors, qualified purchasers, and individual
investors. Generally, the minimum assets under management to obtain portfolio management services
is $750,000. Gambit reserves the right to make exceptions to the asset minimum.