Montis Financial LLC

Item 5 Fees and Compensation
Comprehensive Planning & Asset Management Service

We charge an asset-based fee for our services. The fees are charged based on the average daily
balance under Montis’ management/advisement per a tiered schedule set forth in the agreement
between Montis and the client. Certain Clients are grandfathered in based on a percentage of the
market value of the portfolio managed. Certain legacy clients are billed based upon the value in their
accounts at semi-annual intervals.

The fee for our Comprehensive Planning & Asset Management Service ranges from 0.48% to a
maximum of 1.50% of assets under management/advisement.

We deduct our fees, at the beginning of the applicable period, from your account(s), unless we have
agreed to another payment arrangement. Should you terminate your arrangement with us, you will
receive a pro-rata refund of fees collected for services not rendered. We may reduce or waive our fees
from time to time in our discretion.

Fee Differentials. Montis shall generally price its advisory services based upon various objective and
subjective factors. As a result, our clients could pay diverse fees based upon the type, amount and
market value of their assets, the anticipated complexity of the engagement, the anticipated level and
scope of the overall investment advisory and consulting services to be rendered. Additional factors
affecting pricing can include related accounts, employee accounts, referrals from existing clients,
competition, and negotiations. As a result of these objective and subjective factors, similarly situated
clients could pay diverse fees, and the services to be provided by Montis to any particular client could
be available from other advisers at lower fees. All clients and prospective clients should be guided
accordingly.

Cash Balances Policy

It is the Firm’s policy that cash and cash equivalents (i.e., money market accounts) are an asset class.
Absent approved mitigating circumstances and/or deviations, it is the Firm’s policy to include cash
balances as part of assets under management for fee billing purposes. Exceptions or modifications
shall be approved by the Chief Compliance Officer. Reasons for exceptions include, but are not limited
to:

     Segregation of cash needed for short-term purposes (i.e., house purchase, medical expenses,
      college tuition, etc.);
     Competition;
     Negotiations with the client; and,
     Hardship

The Firm, at its discretion, may suspend and/or modify its policy to bill on cash balances during any
specific billing quarter, including in the event that such billing would result in the client receiving a
negative yield.

Retirement Plan Consulting Services

We charge an asset-based fee for this service. The fees are negotiable and are charged based on a
percentage of the market value of the portfolio under Montis’ management/advisement per a tiered
schedule set forth in the agreement between Montis and the client.

The fee for our Retirement Plan Consulting Services range from 0.3% to a maximum of 0.8% of assets
under management/advisement.

Montis, in its sole discretion, may charge a lesser fee based upon certain criteria (i.e., anticipated
future additional assets, dollar amount of assets in the plan, related plans, plan composition, prior fee
schedules, competition, negotiations with client, etc.). As result of the above, similarly situated plans
could pay different fees. In addition, similar advisory services may be available from other investment
advisers for similar or lower fees.

If permitted by a retirement plan’s governing documents, plan clients may elect to have their fees
deducted from plan assets. Both Montis’ Retirement Plan Services Agreement and the
custodial/clearing agreement may authorize the custodian to debit the account for the amount of
Montis’ fee and to directly remit that fee to Montis in compliance with regulatory procedures. In the
limited event that Montis bills the client directly, payment is due upon receipt of Montis’ invoice. Unless
otherwise agreed, Montis shall deduct fees and/or bill clients quarterly in advance. The fees are
charged quarterly in advance based on the average daily balance of the plan assets under Montis’
management/advisement.

The Retirement Plan Services Agreement between Montis and the client will continue in effect until
terminated by either party upon written notice in accordance with the terms of the Retirement Plan
Services Agreement. If an engagement is terminated, and the effective date of termination is in the
middle of a fee period, Montis will either refund the prepaid but unearned portion of the client’s fee (for
plans paying in advance) or assess a final quarterly fee, prorated through the effective date of
termination (for plans paying in arrears). Montis reserves the right to waive this final prorated fee, at its
sole discretion.

Item 7 Types of Clients
Our clients include individuals, high net worth individuals, and professional associations.

The Firm does not have a minimum asset requirement for assets under management.