GKV Capital Management Co Inc

Item 5: Fees and Compensation

Advisory Fees
All fees are subject to negotiation. The maximum fee schedule calculated for various asset
classes is included below:

1.0% on the first $3,000,000
¾ of 1% on the next $2,000,000
½ of 1% on the next $1,000,000

The specific way fees are charged by GKV Capital is established in a client’s written agreement
with GKV Capital. Fees are invoiced on a quarterly basis. Clients are billed at the beginning of
each calendar quarter based upon the market value of each respective account at the end of
the previous quarter. Clients may elect to be billed directly or to authorize GKV Capital to debit

its fees from client accounts. Upon termination of any account, any prepaid, unearned fees will
be promptly refunded, and any earned, unpaid fees will be due and payable.

Some clients pay a fixed fee instead of a fee based on percentage of assets under management.
This fixed annual fee is negotiated individually with each applicable client.

Estate Planning Fees

Planning fees are billed at a flat rate up to $2,000 upon completion of the plan. Clients may pay
the fee via check.

GKV’s fees are exclusive of brokerage commissions, transaction fees, and other related costs
and expenses which shall be incurred by the client. Clients may incur certain charges imposed
by custodians, brokers, third party investment and other third parties such as fees charged by
managers, custodial fees, deferred sales charges, odd-lot differentials, transfer taxes, wire
transfer and electronic fund fees, and other fees and taxes on brokerage accounts and
securities transactions. Mutual funds and exchange traded funds also charge internal
management fees, which are disclosed in a fund’s prospectus. Such charges, fees and
commissions are exclusive of and in addition to GKV Capital’s fee, and GKV Capital does not
receive any portion of these commissions, fees, and costs.

Neither GKV Capital, nor any of its employees receive commission compensation from an
outside 3rd party from the sale of an investment or recommendation of any investment vehicle
to clients.

For certain clients, GKV Capital Management charges an advisory fee for services provided to
the held-away accounts mentioned above in Item 4, just as it does with client accounts held at
its primary custodians(s). The specific fee schedule charged by GKV Capital is provided in the
client’s investment advisory agreement with us.

Termination of the Advisory Relationship: Either party may terminate the advisory agreement
signed with our firm in writing at any time. Clients who were billed in advance will receive a
pro-rata refund of the unearned portion of the advisory fees charged at the beginning of the
quarter.

Item 7: Types of Clients
GKV provides portfolio management services to individuals, high net worth individuals,
corporate pension and profit-sharing plans, partnerships, charitable institutions, corporations,

foundations, endowments, and other U.S. and international institutions. GKV usually requires
that clients maintain a minimum asset under management value of $500,000.