Goodreid Investment Counsel Corp

Item 5 - Fees and Compensation

Goodreid charges a management fee based on a percentage of assets under management. The
percentage of assets charged per annum for investors is listed in the following table by asset level:
            •     1.25% on assets up to $2,000,000
            •     0.75% on next $3,000,000
            •     Negotiable over $5,000,000

Goodreid charges the above management fee at the end of each quarter. As our management fees are
charged in arrears, Goodreid does not offer refunds as services have already been performed. Goodreid
arranges with their broker-dealer/custodian to have its management fee automatically deducted from
the client’s brokerage account. The client’s broker-dealer/custodian will send statements, at least
quarterly, to the Client that will reflect the advisory fee paid to Goodreid.

Our management fee is exclusive of, and in addition to brokerage commissions, transaction fees, or other
related costs and expenses associated with client accounts. These additional charges are imposed by the
broker dealer/custodian holding the account and not paid to Goodreid. Our brokerage practices are
discussed under Item 12 of this brochure.

Item 7 – Types of Clients

Goodreid manages portfolios and provides investment advice for individuals, pensions, estates, trusts,
corporations, charitable and endowment funds. Our minimum client account size is $500,000; however,
smaller amounts may be accepted at the discretion of management.