Ohana Advisors Management LLC

ITEM 5: FEES AND COMPENSATION

A. Investment Advisory Fees
All clients enter into a written agreement with Ohana, which sets forth the terms and conditions,
including those fees under which the firm will render its advisory services. Such fees are subject
to negotiation under certain circumstances and at the sole discretion of the firm.

Ohana’s advisory fees cover the investment advisory and financial planning services provided to
a family client. Fees are negotiated with clients annually and are based on a number of factors,
including but not limited to the complexity of family client accounts, the services performed, and
the amount of assets under management. The annual advisory fee is charged as a flat fee that is
paid monthly. Clients provide written instruction to their custodian outlining the amount of fees
to pay and which account to debit. Ohana has no authority to debit fees or give the custodian
instructions to pay the fees.

For clients who are not family office clients, the Firm charges a minimum fee of 50bps. Generally,
there are no separate fees charged for other family support services. However, Ohana reserves the
right to charge a client a one-time fixed fee for accommodating a special request, such as providing
certain non-typical services like the settlement of an estate or the splitting of assets through a
divorce.

As noted above, as of 2022 Ohana has begun managing the Fund that is only available to its
existing family clients for the purpose of providing wider access to investment opportunities for
its clients. Ohana does not take any management or performance fees with respect to this Fund.

B. Other Fees and Expenses
Clients should understand that the fees described above are exclusive to Ohana and do not include
certain charges imposed by third parties such as custodial fees, trade execution costs, mutual fund
fees, and other expenses. In addition to Ohana’s fees, clients will be subject to additional fees such
as, transaction fees, brokerage fees and commissions including bid-ask spread for marketable
securities bought or sold (commonly referred to as the mark up or mark down), retirement plan
administration fees, deferred sales charges on mutual funds, 12b-1 fees, odd-lot differentials,
transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on brokerage
accounts and securities transactions. For mutual funds and ETFs, clients may be charged internal
management fees, distribution fees and other expenses as are found in the funds’ prospectuses.
Additional costs also may include organizational costs and incentive performance (carried interest)

fees for limited partnerships including private equity, real estate and hedge funds. These fees
individually and in aggregate may be significant. Notably, Ohana will not receive any portion of
these other fees and expenses. However, the additional fees paid by a family client are evaluated
by Ohana and family decision-makers in assessing the expected net investment returns of each
existing or prospective investment.

It is noted that similar services may be obtained from other advisers at varying costs.

Please refer to Item 12 of this Brochure for additional important information about Ohana’s
brokerage and transactional practices, including considerations for selecting broker-dealers for
client transactions.

ITEM 7: TYPES OF CLIENTS

A. Description
Ohana’s clients are ultra-high net worth families, with an average net worth of over $100 million
across the full client base. Family assets may be titled to individuals, revocable and irrevocable
trusts, charitable trusts, family limited partnerships, LLCs, family foundations, family owned
corporations, and donor advised funds. The family in aggregate meets accredited investor and
qualified purchaser status, but individual investing entities may or may not meet those thresholds.

B. Conditions for Managing Accounts
There is no firm minimum asset size, but Ohana family client relationships will typically have a
minimum net worth of $30 to 50 million within a near-term timeframe. This permits the firm to
assist in many of the planning requirements and to develop investment and tax-efficient transfer
opportunities as wealth and liquidity are being created.

Ohana has invested 30 years in developing expertise and networks in the area of alternative
investments, including real estate, hedge funds and private equity. While each family’s investment
allocation and portfolio is developed and maintained to meet their planning objectives taking into
account the secular opportunity set in the investment marketplace, it is typical that Ohana clients
may want to participate to some extent in these types of asset classes. Please refer to Item 8 below

for detailed information on the types of alternative investments that Ohana recommends, along
with the risks that surround such investments.