Loop Capital Asset Management - TCH LLC

Item 5 - Fees and Compensation

LCAM's basic annual fee schedules for investment advisory services are the following:

                               AUM                            Rate
                         First $25 million                   0.50%
                         Over $25 million                    0.25%

Fees are negotiable depending on the particular requirements and circumstances of each account
and are set forth in each client’s investment management agreement (“IMA”). LCAM provides
advisory services for fixed or flat fees in limited circumstances.

Fees are payable quarterly in arrears. The specific manner in which fees are charged by LCAM is
established in a client’s IMA. Management fees are generally prorated for each contribution and
withdrawal made during the applicable calendar quarter (with the exception of de minimis
contributions and withdrawals). Accounts initiated or terminated during a calendar quarter are
charged a prorated fee.

LCAM’s fees are exclusive of brokerage commissions, transaction fees and other related costs and
expenses which shall be incurred by the client. Clients may incur certain charges imposed by
custodians, brokers, and other third parties such as fees, manager fees, custodian fees, transfer
taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage accounts and
securities transactions. Such charges, fees and commissions are exclusive of, and in addition to,
LCAM’s fee, and LCAM does not receive any portion of these commissions, fees, and costs.

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

LCAM and its supervised persons do not accept direct compensation for the sale of securities or
other investment products in its accounts. Certain affiliates and their employees receive
compensation related to the sale of securities or other investment products. Please see Item 14 for
additional information.

In regard to the LCAM Funds, LCAM charges an asset-based fee for mutual fund investment
management. The fee arrangement, termination, and refund policies are detailed in the agreement
between LCAM and each of the LCAM Funds and are described in the LCAM Funds’ Prospectus
and Statement of Additional Information (“SAI”).

Item 7 - Types of Clients

LCAM provides investment advisory services primarily to institutions, including retirement and
pension accounts, government entities, trusts, estates, endowments, foundations and mutual funds.

Generally, LCAM requires an account minimum of $25 million.