Lexington Hill Partners LLC

Item 5: Fees and Compensation
Limited Consulting Services Fees

The scope of services to be provided is outlined in a Limited Consulting Agreement. The fee for these services
is charged on a quarterly basis in advance, at a rate based on our estimated involvement and the complexity
of services. Lexington Hill does not maintain an account or fee minimum. Fees are negotiable.

Lexington Hill will provide related consulting services regarding non-investment related matters, such as
estate planning and insurance coordination, on a separate and additional fee basis per the terms and
conditions of a Limited Consulting Agreement. Similarly situated clients could pay different fees. In addition,
similar advisory services may be available from other investment advisers for similar or lower fees. Fees
agreed upon but not specifically included in a Limited Consulting Agreement will be billed in an additional
invoice outlining the limited services provided on an ad-hoc basis.

Investment Management Fees

Unless otherwise negotiated, Lexington Hill establishes all new client relationships’ investment management
fees at an annual rate based on the value of the client’s total household portfolio of assets under management
(see table below).

                            Portfolio Value            Annual Rate
                            First $1,000,000           0.75%
                            Next $4,000,000            0.50%
                            Next $20,000,000           0.25%
                            Over $25,000,000           0.15%

Fees are calculated on a cumulative basis. For example, a client with $5,600,000 under management would pay
an annualized rate of 0.75% on $1,000,000, 0.50% on $4,000,000 and 0.25% on $600,000. Fees are calculated
based on the portfolio valuation as determined by the account custodian, third-party administrator or portfolio
management system at the close of market on the last business day of each quarter.

Not all of our clients are on the same fee schedule, as our fees, and the assets we bill on, have changed over
the life of the firm. Additionally, our fees are negotiable, and we reserve the right to negotiate any fees based
on numerous factors. Therefore, some clients pay more or less than others for similar services.

Your investment management fee schedule is determined prior to any investment management fees being
incurred and is outlined on Exhibit B of your signed Investment Advisory Agreement. Any changes to your fee
schedule must be amended in writing on an updated Exhibit B. Fees are negotiable.

Billing and Collecting Investment Management Fees

Clients pay advisory fees in advance. Fees are calculated based on the value of assets under management and

are billed quarterly. After the first of each quarter (and after final reconciliation of the prior quarter is
complete), fees are calculated and paid. Clients may elect to have fees either directly deducted from their
portfolio account(s) or paid from a separate, non-managed account via a direct billing statement. Please refer
to Item 15 – “Custody” for further information on our ability to deduct fees directly from client accounts.

Termination of Advisory Relationship and Refund of Prepaid Fees
The Investment Advisory Agreement, and Limited Consulting Agreement are effective until terminated by either
party upon delivery of written notice. At the date of termination, any prepaid and unearned fees will be
refunded to the client on a pro rata basis. Upon request, we will also provide an accounting on a year-to-date
basis in the event you terminate our investment advisory services during a quarter.

Additional Fees

Our investment management fee is separate from any transaction, exchange, wire transfer, margin interest or
account fee charged by your qualified custodian. Some custodians charge a transaction fee on certain mutual
funds and therefore you will pay more to purchase or sell these funds than if we went directly to these fund
families on your behalf.

To the extent that your assets are invested in mutual funds (including money markets) and exchange traded
funds (also known as ETFs), our fee for monitoring those assets is in addition to the fees charged by those fund
companies. Even a “no load” or “load waived” mutual fund charges an internal fee to compensate the manager
of the fund and to pay for the fund company’s administrative expenses. Please refer to each fund’s prospectus
for a detailed discussion of the fees and expenses charged by the fund company.

Compensation for the Sale of Securities

Lexington Hill does not receive commissions on the sale or purchase of any other investment products or
securities.

Item 7: Types of Clients and Account Minimums
We provide portfolio management services and limited consulting services primarily to high-net-worth
individuals and families, including trusts and corporate entities related to those individuals and families, as well
as businesses, including but not limited to other investment advisers through sub-advisory arrangements. These
client relationships vary in scope and length of service.

Lexington Hill does not impose account minimums.