GHE LLC

Item 5 Fees and Compensation
Mercury Investment Group charges a maximum fee of 1/4 of 1% per quarter of the assets under
management collected quarterly in advance. The fees are based on the value of the account at the time
the fee is imposed. Mercury Investment Group offers break-points as account size increases as
indicated in the client’s investment contract. Fees for a partial quarter will be prorated based on the
number of days in the quarter that the account was open.

Our investment contract can be cancelled with 30 day noticed. Fees will be returned based on a pro-
rata basis. Fees may be paid directly to Mercury Investment Group by the client or may be paid from
the client’s custodial account based on arrangements agreed upon by the client and the client’s
custodian. Custodians may not independently validate the amount of Mercury Investment Group’s

fee, and clients are encouraged to review their custodial account statement. In addition to the
custodian’s year end statement, we provide a summary of our fees to clients for their use as requested.

Other Fees and Expenses
In addition to the investment advisory fees above, you will pay transaction fees for securities
transactions executed in your account(s) in accordance with the custodian’s transaction fee schedule.
Additionally, you may pay fees for custodial services, account maintenance fees, transaction fees, and
other fees associated with maintaining the account. Such fees are not charged by Mercury Investment
Group and are charged by the product, broker-dealer or account custodian. Mercury Investment Group
does not share in any portion of such fees. Additionally, you may pay your proportionate share of the
fund’s management and administrative fees and sales charges as well as the mutual fund adviser’s fee
of any mutual fund they purchase. Such fees are not shared with Mercury Investment Group and are
compensation to the fund manager. You should read the mutual fund prospectus prior to investing. The
Client should review both the fees charged by the fund(s) and the fees charged by Mercury Investment
Group to fully understand the total fees to be paid.

Item 7 Types of Clients
Mercury Investment Group offers disciplined, quantitatively driven strategy of investment
management services for individuals, trusts, estates, charitable organizations, governmental entities,
corporations, pension & profit sharing plans, and businesses.

Minimum portfolio size: $500,000. Mercury Investment Group reserves the right to negotiate
minimum dollar values required under certain circumstances.