Nverses Capital LLC

Item 5 – Fees and Compensation

The fees applicable to the Clients are set forth in detail in their investment management agreements. A brief summary
of such fees is provided below.

The Adviser will be paid an annually negotiated fee in monthly installments for the management of the Portfolios,
payable at the beginning of the applicable month. The initial fee will be an annualized amount based on a mutually
agreed annual budget and monthly invoicing process.

The Adviser shall also be entitled to an annual performance fee equal to 25% of the Adjusted Gross Trading Profit, if
any.

Expenses

The Firm is responsible for and shall pay, or cause to be paid, all of their own ordinary administrative and overhead
expenses, including, without limitation, all costs and expenses related to rent, furniture, fixtures, equipment, office
supplies, clerical expenses and all salaries, bonuses and benefits paid to, or on behalf of, personnel of the Firm.

To the extent that expenses to be borne by the Client are paid by the Firm, the Client will reimburse the Firm for such
expenses. We may waive any such reimbursement with respect to any Client expenses. Any waiver by us for
reimbursement of any Client expenses shall not serve as a waiver of reimbursement for any future Client expenses to
be paid by us.

Neither nVerses nor its employees accept compensation, including sales charges or service fees, from any person for
the sale of securities or other investment products.

Item 7 – Types of Clients

nVerses offers advisory services to the IMA, as described in Item 4 above. In the future, nVerses may provide advisory
or other services to other Clients.