Gunderson Capital Management

ITEM 5: FEES AND COMPENSATION

Lower fees for comparable services may be available from other sources.

GCM charges fees for investment advice based on a percentage of assets under management.
The annual negotiable fee ranges from 1% to 2%, depending on the size and complexity of a

client’s account. The fee is paid quarterly in advance and debited directly from your account. If
the relationship is terminated other than at the end of the quarter, GCM will refund promptly to
the client any unused portion of the advanced fee. Although GCM believes its advisory fees are
competitive and reasonable in light of the types of services to be provided, it should be noted
that clients may be able to receive similar services elsewhere for a lower cost. Custodial fees,
brokerage commissions and/or transaction ticket fees charged by Charles Schwab are billed
directly to the Client account by the custodian. GCM may receive commissions or fees from
the Client or the qualified custodian. In addition, you may incur certain charges imposed by
third parties other than GCM in connection with investments made through your account
including, but not limited to, mutual fund sales loads, 12(b)-1 fees and other fund-related
charges, GCM’s management fees are separate and distinct from the fees and expenses.

ACCOUNT VALUE                         ANNUAL PCT. (one-fourth deducted at beginning of each quarter)
$0-$250,000                           2.00%
$250,001-$500,000                     1.75%
$500,001-$1,000,000                   1.50%
$1,000,001-$1,500,000                 1.25%
$1,500,001 & up                       1.00%

Financial Planning Fees

GCM does not charge a fee for any financial planning services.

Live Seminars Fees
GCM does not charge for the live seminars that they provide to clients and potential clients.

ITEM 7: TYPES OF CLIENTS

GCM provides independent, objective advice regarding investments for individuals, high net-
worth individuals, and corporations. There is a $100,000 minimum required to open and
maintain an investment advisory account. GCM may waive the account minimum based on
GCM’s discretion.