Moralis Technologies LLC

Item 5. Fees and Compensation
Moralis provides discretionary investment advisory services on a fee basis. Moralis’ annual investment
advisory fee shall include investment advisory services, and, to the extent specifically requested by the
client, financial planning and consulting services. Moralis charges fees based upon assets under
management or advisement. This management fee generally varies between 0.40% and 1.65% in
accordance with the following blended fee schedule:

                           PORTFOLIO VALUE                       BASE FEE

                               First $100,000                       1.65%
                               Next $400,000                        1.35%
                               Next $500,000                        1.00%
                              Next $1,000,000                       0.80%
                              Next $1,500,000                       0.60%
                              Next $1,500,000                       0.55%
                              Next $5,000,000                       0.50%
                             Above $10,000,000                      0.40%

The annual fee is prorated and charged quarterly, in arrears, based upon the market value of the
assets being managed by Moralis on the last day of the previous billing period.

For billing purposes, we the following “Off-Cycle” Quarterly Billing Period. Quarter 1 consists of the
months of March, April, and May. Quarter 2 consists of June, July, and August. Quarter 3 consists of
September, October, and November. Quarter 4 consists of December, January, and February. The date
upon which the market value of the assets being managed will be calculated is the last business day of the
previous billing period. Fees will be assessed to the account in arrears, in the Off-Cycle Quarter directly
following billing period.

For example, if an account is managed by Moralis for the full period of March, April, and May, we will debit
management fees for that period from the account in June, and we will base the fee calculation on the May
31st account value.

Fee Dispersion

Moralis, in its discretion, may charge a lesser investment advisory fee, charge a flat fee, waive its fee
entirely, or charge fee on a different interval, based upon certain criteria (i.e. anticipated future earning
capacity, anticipated future additional assets, dollar amount of assets to be managed, related accounts,
account composition, complexity of the engagement, anticipated services to be rendered, grandfathered
fee schedules, employees and family members, courtesy accounts, competition, negotiations with client,
etc.). Any change from the standard fee schedule will be disclosed within your Discretionary Investment
Management Agreement. Please Note: As a result of the above, similarly situated clients could pay different
fees. In addition, similar advisory services may be available from other investment advisers for similar or
lower fees. ANY QUESTIONS: Moralis’ Chief Compliance Officer, David Reichert, remains available to
address any questions that a client or prospective client may have regarding advisory fees.

Additional Fees and Expenses

In addition to the advisory fees paid to Moralis, clients may also incur certain charges imposed by other
third parties, such as broker-dealers, sub-advisers, third-party money managers, custodians, trust
companies, banks, and other financial institutions (collectively "Financial Institutions"). These additional
charges may include securities brokerage commissions, transaction fees, custodial fees, overnight carrier

                FORM ADV PART 2A DISCLOSURE BROCHURE
fees for certain deliveries, early settlement fees when a client wishes to exit investment positions in order
to withdraw cash, margin costs, charges imposed directly by a mutual fund or ETF in a client's account, as
disclosed in the fund's prospectus (e.g., fund management fees and other fund expenses), 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. The Firm's brokerage practices are described at
length in Item 12, below.

Direct Fee Debit

Clients authorize Moralis with the authority to direct the custodian to directly debit their accounts for
payment of the investment advisory fees. The Financial Institutions that act as the qualified custodian
for client accounts, from which the Firm retains the authority to directly deduct fees, have agreed to send
statements to clients not less than quarterly detailing all account transactions, including any amounts paid
to Moralis.

Account Additions and Withdrawals

Clients may make additions to and withdrawals from their account at any time, subject to Moralis’ right to
terminate an account. Additions may be in cash or securities provided that the Firm reserves the right to
liquidate any transferred securities or declines to accept particular securities into a client's account.
Clients may withdraw account assets on notice to Moralis, subject to the usual and customary securities
settlement procedures. However, the Firm generally designs its portfolios as long-term investments and
the withdrawal of assets may impair the achievement of a client's investment objectives. Moralis may
consult with its clients about the options and implications of transferring securities. Clients are advised
that when transferred securities are liquidated, they may be subject to transaction fees, short-term
redemption fees, fees assessed at the mutual fund level (e.g., contingent deferred sales charges) and/or
tax ramifications.

Item 7. Types of Clients
Moralis offers services to individuals, high-net worth individuals, charitable organizations, corporations, and other
business entities.

Minimum Account Requirements

Moralis does not impose a stated minimum fee or minimum portfolio value for starting and maintaining an
investment management relationship.