Kunath Karren Rinne & Atkin LLC

Item 5 – Fees and Compensation

As a fee-only advisory firm, KKRA is compensated through fees paid by its clients. Annual
fees will normally be based upon the value of assets managed according to the following fee
schedule. Applicant reserves the right to negotiate special fee arrangements where
circumstances warrant.

The specific manner in which fees are charged by KKRA is established in a client’s written
agreement with KKRA. KKRA will generally bill its fees on a quarterly basis in advance of
services being rendered. Except when other arrangements are made in writing, clients
authorize KKRA to directly debit fees from client accounts on a quarterly basis. Accounts
initiated or terminated during a billing period will be charged a prorated fee. Upon
termination of any account, any prepaid, unearned fees will be promptly refunded, and any
earned, unpaid fees will be due and payable.

                                                          KUNATH, KARREN, RINNE & ATKIN LLC

Investment Strategy         Portfolio Size                  Annual Fee

Equity                      Under $5 Million                1.00% of Assets Managed
                            $5.1 - $10 Million              .85% of Assets Managed
                            Above $10 Million               Negotiated

Balanced                   Under $5 Million                1.00% of Assets Managed
(Equity & Fixed Income)    $5.1 - $10 Million              .85% of Assets Managed
                           Above $10 Million                Negotiated

Fixed Income                Under $10 Million               .70% of Assets Managed
                            $10.1 - $30 Million             .60% of Assets Managed
                            Above $30 Million              .50% of Assets Managed

Cash Management            Under $10 Million                .30% of Assets Managed
                           $10 - $30 Million               .20% of Assets Managed
                           Above $30 Million               .15% of Assets Managed

Family Office              Minimum $25 Million             1.25% of Assets Managed

In addition to the fees described above, clients are responsible for any brokerage
commissions, transaction fees, taxes and other related costs and expenses which shall be
incurred by the client. Clients may incur certain charges imposed by custodians, brokers,
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 KKRA’s fee, and KKRA shall not receive any portion of these commissions, fees,
and costs.

Item 12 further describes the factors that KKRA considers in selecting or recommending
broker-dealers for client transactions and determining the reasonableness of their
compensation (e.g., commissions).

KKRA may provide investment advice through consultations not included in investment
supervisory services. Additionally, KKRA may provide expert witness testimony.

KKRA intends to charge an hourly rate for Partners and staff time as follows:
    Partners $500.00 and Staff $250.00

Depending on the extent of the work involved as to time and complexity, these rates may
be negotiable. In general, all consulting fees are payable when work is completed. However,
the KKRA may request some portion of the fee in advance if the engagement is lengthy or if
expenses are to be incurred.

                                                            KUNATH, KARREN, RINNE & ATKIN LLC

Item 7 – Types of Clients

KKRA provides portfolio management services to individuals, high net worth individuals,
pension and profit-sharing plans, trusts, estates, charitable institutions, foundations,
endowments, as well as corporations and publicly traded companies.

KKRA requires a minimum initial investment of $1,000,000 per household. However,
KKRA, at its discretion, may reduce the foregoing minimum investment requirements.