Milestone Investments Inc

Item 5 – Fees and Compensation

Portfolio Management Fees
As it pertains to individual accounts the Adviser will assess up to a 1.5% annual fee on assets
under management. This fee is negotiable and will be based on the asset size, complexity,
and magnitude of the advisory services. The fee is calculated and billed after the end of each
calendar quarter and is calculated by multiplying one fourth of the fee by the asset value on
the last day of the applicable quarter. Deposits and withdrawals during the quarter are time
weighted. Investment advisory clients can terminate the agreement at any time without
penalty; however, a thirty-day notice is requested. Accounts closed before the end of a
calendar quarter will be assessed a pro-rata fee based upon the number of days the account
existed in that quarter. Clients will receive a notification of the amount they have authorized
to be deducted from their accounts in a timeframe consistent with the deductions.

Certain corporate retirement plan sponsors use a third-party vendor to provide
recordkeeping of its mutual funds. Such plan sponsors often require Investment Advisory
oversight to monitor performance, develop asset allocation models and help its participants
determine suitability. Upon written agreement, Adviser will provide such oversight and
assess up to a 1% annual fee on assets under management. This fee is negotiable and is
relative to the asset size, complexity and magnitude of the advisory services. The fee may be
incorporated into the asset fee charged and deducted by the third-party recordkeeping
vendor and paid directly to Adviser no more frequently than monthly. The method of fee
deduction can vary based upon the recordkeeping platform used. The details of the
fee/billing deduction methodology will be addressed in the client agreement. The
retirement plan sponsor can terminate its agreement with Milestone Investments, Inc. at any
time without penalty. Accounts closed before the end of a calendar quarter will be assessed
a pro-rata fee based upon the number of days the account existed in that quarter.

Investment Consulting Fees
For situations in which one-time or infrequent advisory service is requested, upon written
agreement, Milestone Investments, Inc. will charge an hourly rate of up to $350 with a
minimum fee of $500 per service. The hourly rate is negotiable and is based upon the asset
size, complexity, and magnitude of the advisory services. The $500 minimum fee is billed in
advance and the remainder, if any, upon the completion of the advisory service. This
agreement can be terminated at any time and the client will only be charged for the hours
incurred (with a minimum fee of $500). If the client terminates the agreement within the
first 5 days, only the time incurred providing bona fide advisory services will be charged and
the $500 minimum is waived.

The specific manner in which fees are charged by Adviser is established in a client’s written
agreement with Adviser. Adviser’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, third party investment and other third
parties such as fees charged by managers, custodial fees, deferred sales charges, odd-lot
differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes
on brokerage accounts and securities transactions. Mutual funds and Exchange Traded
Funds also charge internal management fees, which are disclosed in a fund’s prospectus.

Such charges, fees and commissions are exclusive of and in addition to Adviser’s fee, and
Adviser shall not receive any portion of these commissions, fees, and costs.

Our IARs may also be registered representatives of Milestone Investments, Inc. in its capacity
as a broker-dealer, member of Financial Industry Regulatory Authority (“FINRA”) and
Securities Investor Protection Corporation (“SIPC”).

We permit our IARs to implement the recommendations from a financial plan through the
broker-dealers through which they are registered. Thus, your IAR could receive both a fee
for financial planning services and commissions from the transactions effected to implement
the recommendations from the financial plan.

If you choose to effect securities transactions through your IAR in his/her capacity as a
registered representative of a broker-dealer, your IAR may receive commissions and other
compensation for those transactions. For example, your IAR may receive 12b-1 fees, which
are fees paid by mutual fund companies for the on-going marketing of their investment
products.

Our IARs may also be licensed to sell insurance products through various insurance
companies that are unaffiliated with us. As such, they may receive commissions from any
insurance products you purchase through them.

The arrangements described above present a conflict of interest because they could create
an incentive for your IAR to make recommendations based upon the amount of
compensation he or she could receive rather than based upon your particular needs. We are
nonetheless committed to always acting in your best interests.

You are under no obligation to purchase investments or insurance products or to implement
any financial plan recommendations through your IAR. You may purchase those products
and implement recommendations through the investment or insurance professional of your
choice.

Item 7 – Types of Clients

Adviser provides investment advisory services to individuals, high net worth individuals,
corporate pension and profit-sharing plans, charitable institutions, foundations,
endowments and trust programs.