Octant Quantitative Investment Management LLC

Item 5: Fees and Compensation

A.     Fee Schedule

1.     Investment Supervisory Services Fees

          Total Assets Under Management                 Annual Fee

          All Assets Under Management                     1.50%

Asset based fees charged for our asset management services are listed in the box above
and are charged based on a percentage of assets under management. Strategies that do
not have Performance-based fees have asset based fees up to 2.5%. Fees are negotiable
depending upon the needs of the client and complexity of the situation, and the final fee
schedule is attached as Exhibit II of the Investment Advisory Contract. Fees may also be
lowered based on the strategy executed. Fees are paid monthly in arrears, and clients may
terminate their contracts with thirty days’ written notice. Because fees are charged in
arrears, no refund policy is necessary. Clients may terminate their accounts without
penalty within 5 business days of signing the advisory contract. Advisory fees are
withdrawn directly from the client’s accounts with client written authorization.

Octant will meet the following four conditions when withdrawing fees directly from client
accounts.

                                                                  Form ADV 2A Version: 2/19/2026

     a. Octant will obtain written authorization from the client permitting the adviser’s
        fees to be paid directly from the client’s account held by the independent
        custodian.
     b. Octant will ensure the independent custodian will send the client, at least
        quarterly, a statement indicating all amounts disbursed from the account.
     c. Octant will disclose to clients that it is the client’s responsibility to verify the
        accuracy of the fee calculation and that the custodian will not determine whether
        the fee is properly calculated.
     d. Octant will send a statement to clients showing the amount of the fee, the value of
        the client's assets upon which the fee was based, and the specific manner in which
        the fee was calculated.

2.      Performance-based Fees

Qualified investors are charged a Performance-based fee of 20% of capital gains/capital
appreciation of client accounts above a high water mark. The high water mark for the
client’s account will be calculated as of the last day of each month. This means that Octant
will collect performance-based fees only if the value of the client account on the last day
of the month surpasses its greatest month-end value of any previous month (i.e. the
account’s high water mark at the end of any previous quarter). The incentive fee will be
based upon net profits above the account’s high water mark, as further discussed below.

Fees are paid monthly in arrears, and clients may terminate their contracts with thirty
days’ written notice. The definition of “qualified investor” can be found in “Item 6:
Performance-Based Fees and Side-By-Side Management.”

B.      Payment of Fees

1.      Payment of Investment Supervisory Fees

Advisory fees are withdrawn directly from the client’s accounts with client written
authorization unless otherwise negotiated. Fees are paid monthly in arrears.

2.      Payment of Performance-based Fees

Performance-based fees are withdrawn directly from the client’s accounts with client
written authorization unless otherwise negotiated. Performance-based fees are paid
monthly in arrears.

C.      Clients Are Responsible For Third Party Fees

Clients are responsible for the payment of all third-party fees (i.e. custodian fees,
brokerage fees, mutual fund fees, transaction fees, etc.). Those fees are separate and
distinct from the fees and expenses charged by Octant. Please see Item 12 of this brochure
regarding broker/custodian.
                                                                    Form ADV 2A Version: 2/19/2026

       D.      Prepayment of Fees

       Octant collects its fees in arrears. It does not collect fees in advance.

       E.      Outside Compensation For the Sale of Securities to Clients

       Neither Octant nor its supervised persons accept any compensation for the sale of
       securities or other investment products, including asset-based sales charges or services
       fees from the sale of mutual funds.

Item 7: Types of Clients

Octant generally provides management supervisory services to the following types of clients:

               High-Net-Worth Individuals
               Other Investment Advisers
               Foundations and Charitable Organizations
               Corporations and Other Businesses
               Endowments and Insurance Companies
               Qualified Client investors

Minimum Account Size

There is an account minimum of $1,000,000 for institutions and $250,000 for individuals which
may be waived or lowered by Octant, at its discretion, based on circumstances such as the
strategy executed for the client, the needs of the client, client specific negotiations and the
complexity of the situation. Employees and family members do not have to meet the account
minimum.