Lewis Capital Management LLC

ITEM 5 - FEES AND COMPENSATION
Fee Schedule

Investment Management Services
Fees for our services are computed quarterly on the aggregate value of each portfolio, and payable
quarterly during the last month of each quarter (one month in advance and two months in arrears).
The annual fee schedule is as follows:

                           Assets Under Management             Annual Fee
                           Up to $500,000                      1.5%
                           Next $1,500,000                     1.0%
                           $2,000,000+                         0.75%

At our discretion, LCM will negotiate fees which are lower than those set forth above. Some
accounts are under different fee schedules honoring prior agreements. LCM manages the accounts
of Scott Lewis and his relatives at a reduced fee or without charge. LCM aggregates related
account balances of clients within the same household for purposes of achieving the advisory fee
breakpoints listed above.

Lewis Capital Management                          9                                   Part 2A Brochure

Some individuals and institutions may wish to consult with LCM on an hourly basis. Fees for
such services will generally be $250 per hour. Under certain circumstances, the per hour fee may
be less than this amount. For example, lesser fees may be charged to non-profit organizations.

No initial fee is charged for consultative meetings at the onset of client account management.
LCM does not receive any compensation for the sale of securities or other investment products.
There will be no assignment of the advisory agreement without the client’s consent.

Billing Method

LCM’s advisory fees are payable quarterly at the beginning of the last month of each calendar
quarter. We charge one fourth of the annual fee each quarter based on the market value of the
client’s portfolio as of the last business day of the prior calendar quarter. The formula used for the
calculation is as follows: (Annual Rate) x (Total Assets Under Management at Quarter-End) / 4.
At our discretion, LCM credits advisory fees for large withdrawals made during the quarter.

With client authorization, LCM will instruct the custodian to automatically withdraw our advisory
fee from the client’s account. All clients will receive brokerage statements from the custodian no
less frequently than quarterly. The custodian statement will show the deduction of the advisory
fee.

Other Fees and Expenses

Clients incur trading commissions and trade-away fees charged by the account custodian. See

ITEM 7 - TYPES OF CLIENTS
LCM provides services for individuals, trusts, estates, retirement plan accounts, corporations,
foundations, and estates.

The minimum portfolio size for ongoing management is $500,000, negotiable at Scott Lewis’
discretion, and we generally combine family accounts to meet the minimum. Clients are selected
based on their fit, risk-tolerances, and their alignment with the LCM investment philosophy.