Lind Capital Partners LLC

Item 5 – Fees and Compensation

Separately Managed Accounts (SMAs)

The standard fee schedule for discretionary SMA Clients is an annual advisory fee of
0.75% of the Client’s invested assets under management, billed quarterly in arrears.

Advisory fees are negotiable depending on the size and nature of the portfolio, and Lind, in its
discretion, charges lower advisory fees or waives advisory fees for Clients, depending on factors
such as the complexity of the management style and type of securities being managed. Advisory
fees are payable quarterly in arrears and may be paid either by invoice, with payment made by
check, wire or ACH or they may be debited directly from a Client account if so authorized in the
agreement with that Client.

For Clients paying by invoice, payment is due within 30 days of the date of the invoice.

Partial Periods, Contributions or Withdrawals: In any partial calendar quarter, a Client’s advisory
fee will be pro-rated for the number of days that the account was open during the period.
Additions in the form of cash and non-cash investments that are made intra-quarter will be billed
on a pro-rata basis once assets are invested. Liquidation of assets during the billing period will

                                                                                          Lind Capital Partners
                                                                                           Form ADV Part 2A
                                                                                               March 25, 2026
also result in fee adjustments on a pro-rata basis. Adjustments to the quarterly billing may be
made due to additions or withdrawals to the account or for significant changes in the invested
assets due to purchases or sales during the period.

Cash: Lind does not charge its advisory fee on cash balances held in SMA Client accounts.

Non-Discretionary Portfolio Management Services

Advisory fees charged for non-discretionary portfolio management services are negotiated based
on the customized nature of the services. Lind does not have a standard fee schedule for non-
discretionary portfolio management services. The specific fee is documented in the written
agreement between Lind and the Client.

Sub-Advisory Services for Registered Investment Advisers

Fees and payment arrangements are negotiable and will vary on a case-by-case basis.

The Fund

Specific management fee and related expense information is located in the Fund’s prospectus and
statement of additional information. The fees are based on the Fund’s net asset value and are calculated
by the Fund’s independent fund accountant.

General Disclosures Regarding Services and Fees (SMAs)

Termination of Services: Either party may terminate the agreement by providing 30 days
advance written notice to the other party. Upon termination, services provided by Lind cease,
existing transactions can settle, and no further advice is provided. Lind issues a final invoice and,
if so authorized, debits its fee from the Client’s custodial account(s). Alternatively, if the Client
prefers to pay by check, Lind delivers a final invoice to the Client. Payment is requested within
30 days of the date of the invoice.

In addition, Lind will cooperate with reasonable requests to facilitate the transfer of account
assets in coordination with the Client.

Pro-ration of advisory fees: For accounts or relationships opened or closed during a calendar
quarter, advisory fees are pro-rated for the number of days during the quarter that advisory
services are provided. As Lind charges advisory fees in arrears of the service, a pro-rated refund
of pre-paid and unearned fees is not applicable.

Lind’s only remuneration for managing Client assets is the advisory fee described above. Neither
Lind nor any of its supervised persons accepts compensation for the sale of securities or other
investment products.

To the extent a Lind Client is also invested in the Fund Lind will not charge SMA advisory fees

                                                                                           Lind Capital Partners
                                                                                            Form ADV Part 2A
                                                                                                March 25, 2026
on the amount the Client has invested in the Fund and vice versa.

Clients should understand that lower advisory fees for comparable services may be available from
other investment advisory firms.

Additional Fees and Expenses (SMAs)

Lind’s advisory fees do not include certain fees and expenses that a Client will pay to third parties
including brokerage, custodial and related fees. These additional expenses include but are not
limited to:

   •   Brokerage commissions and/or ticket charges (or markups / mark-downs) for municipal
       transactions when executed by a dealer or through a new issue (as applicable), i.e.,
       transaction fees.
   •   Custodial services (these are charged to each client by custodian).
   •   Sub-agent transfer fees (shared between broker dealers).
   •   SEC or exchange fees.
   •   Transfer taxes.
   •   Wire transfer and electronic fund processing fees.
   •   Mailing / overnight express delivery.

Clients should review the fees charged to their account(s) to fully understand the total amount of
all fees charged by our firm and others.

Negotiation of fees: Lind reserves the right to negotiate its fees with its clients. Waivers are
granted at the discretion of firm management.

Valuation (SMAs)

Lind calculates advisory fees based on account values that are typically based on prices provided
by an independent third-party pricing vendor. Such prices are based on current market quotations.

From time to time, Lind will determine the fair value of securities owned by Client accounts. When
it does so, the account value used in the advisory fee calculation will reflect the Lind-determined
...

Item 7 – Types of Clients

Lind primarily provides investment advisory services to SMA Clients that include high-net-
worth individuals, business entities, and other registered investment advisers. Lind also serves as
investment manager to the Lind Capital Municipal Credit Income Fund, a registered interval
fund whose registration became effective on February 2, 2022. The fund was preceded by
limited partnerships managed under the same strategy that commenced operations in June 2010.

Separately Managed Accounts

Lind generally requires a minimum account size of $2,000,000 for separately managed accounts
(discretionary and non- discretionary); however, this minimum account size may be waived or
lowered in our discretion based on the character of the account.

The Fund

Fund investors generally must meet the initial investment minimum of $50,000. This minimum
may be waived at management’s discretion as disclosed in the Fund’s prospectus and statement
of additional information.