Oak Financial Group Inc

Item 5 – Fees and Compensation

Fees are calculated based upon a percentage of assets under management.

Oak’s fee is billed quarterly based on the value of the account on the last business day of each
previous quarterly period and is generally 1% for assets under management (equivalent to a flat fee
of 0.25% quarterly) subject to an annual minimum fee of $5,000.

Fees for investment supervisory services are payable quarterly in advance. The first payment is
assessed and due upon execution of the advisory agreement and will be assessed pro rata in the
event the agreement is executed at any time other than the first day of the current calendar quarter.
Subsequent payments will be assessed on the last day of each calendar quarter based on the value
of the account assets under supervision as of the close of business day of that quarter, and will be
due the first day of the new quarter, or upon the client’s receipt of the bill.

Advisory fees may be paid directly to Oak by the client. Oak may also deduct advisory fees from
clients’ custodial accounts. Three criteria must be met when payment is made from clients’
custodial accounts: (1) the client must provide written authorization permitting the fees to be paid
directly from the client’s account at the independent custodian, (2) Oak sends to the client a bill
showing the amount of the fee, the value of the client’s assets on which the fee was based, and the
specific manner in which the fee was calculated; and (3) the custodian agrees to send the client a
statement, at least quarterly, indicating all amounts disbursed from the account including the
amount of advisory fees paid directly to Oak.

Note that it is the client’s responsibility to review and verify their quarterly bill, as it is not the
custodian’s responsibility, and to notify Oak if a discrepancy is found.

The investment advisory agreement between Oak and the client will continue in effect unless
terminated by either party written and/or verbal notice in accordance with the terms of the
investment advisory agreement. The client may terminate the agreement without penalty, i.e.,
receive a pro-rated refund within five business days of signing the agreement. After the first five
days, services will continue until either party terminates the agreement on at least ten (10) days
written or verbal. Written notice may include electronic notice. Upon termination, a pro-rated
refund of any pre-paid fees for the quarter will be made.

Fees are not collected for services to be performed more than six months in advance.

Oak may invest part or all of clients’ accounts in mutual funds that invest in equity and fixed income
securities; other mutual funds; and alternative investments. Investments will be made by Oak, on
a discretionary basis, after taking into account client investment objectives, portfolio
diversification, client time horizon, safety yield, and the various investment alternatives Oak may
consider as suitable possibilities for the client account. Oak will receive the above-described
management fee for clients’ assets under management. In addition to the management fee charged
by Oak, client accounts may also incur the fees charged to the mutual funds by their respective
investment advisers for the mutual funds in which these accounts are invested as well as
transactions fees. Clients may also pay custodial fees and commissions and mark ups/mark downs
for transactions effected by Oak in their accounts. Please refer to Item 12, Brokerage Practices, for
a description of Oak’s practices regarding selection of broker-dealers and trading. Clients have the
ability to leave standing instructions with Oak to refrain from investing in particular industries, or
to invest in limited amounts of securities.

Oak, in its sole discretion, may charge a lower management fee based upon certain criteria,
including whether a client is an existing financial planning client, anticipated future earning
capacity, anticipated future additional assets, dollar amount of assets to be managed, related
accounts, account composition, and negotiations with client, etc. All fees are negotiable.

Financial Planning

Oak may provide its clients with a broad range of comprehensive financial planning and/or
consulting services (including investment and non-investment-related matters). Oak provides
financial planning services not related to fee-based investment management it provides, and such
services do not carry any additional fees. Prior to engaging Oak to provide financial planning
and/or consulting services, the client will generally be required to complete and execute Oak’s
Personal Financial Profile Form setting forth the terms and conditions of the engagement, and
describing the scope of the services to be provided to the client.

Seminars

On occasion Oak holds seminars. These seminars may include presentations on various securities,
or on financial planning and retirement strategies. Oak does not charge a fee to those in attendance.

Item 7 – Types of Clients

Oak offers its services to individuals; trusts, estates and charitable organizations; pension and profit
sharing plans; and other types of corporations or business entities.