Maceratio LLC

Item 5 – FEES AND COMPENSATION
MAC charges for assets under management. Fees are generally non-negotiable and at the
discretion of MAC. Fees are to be billed or deducted, and fees or expenses incurred by your
custodial shall be paid directly by you.

Termination of any MAC account can be undertaken at MAC’s sole discretion. Each Client may
also terminate his or her respective MAC account at any time. Once the account closing process
is completed, MAC will no longer collect any fees with respect to the specific account.

MAC does not generally accept accounts under USD$1,000,000 (one million). Minimum fee is 1%
over AUM. Discounts may occur for larger amounts as indicated on the Fee Schedule.

                                                AUM              Annualized Fee
                                           1,000,000 and >       1% and 2.5%

Fees are payable quarterly in arrears and will be billed always after the period for which the
service is received. See fee schedule for calculation details.

Fees do not include certain execution costs that could be incurred during the process of investing,
including broker-dealer spreads and certain broker-dealer mark-ups or markdowns on principal
transactions. A Client could also incur certain charges imposed by custodians, and other third
parties. These include transfer fees, administrative fees and other fees and taxes on brokerage
accounts and securities transactions. ETFs also charge internal management fees, which are
disclosed in the relevant fund’s prospectus and/or factsheets. These fees are in addition to the
advisory fee. Clients should review all fees applicable to fully understand the total amount of fees
they will pay. Note these are generally charged directly by the custodial of your assets.

           Maceratio LLC | CRD No: 304078 | 800 Brickell Ave, Ste 1111, Miami FL 33131 | Phone: (305) 398-9010 | www.maceratio.com
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Brokerage and Custody Services

MAC does not have a preferred third-party clearing and custodian through which services are
provided to clients. The advisor (MAC) does not have custody of client assets, they may also
change their available products are their discretion. Note you can purchase recommended
products through any broker or agent not affiliated with MAC.

Private Equity Fees

Although not currently but reserve our future right, we could refer AUM to an investment that is
held away from a broker-dealer, how most Private Equities are conducted. On those cases,
Maceratio will charge a minimum annual percentage fee of 2% for the length of the investment
(normally we cap the total to 6%). Depending on amount (if significantly large) this percentage is
negotiable.