Okabena Investment Services Inc

Item 5 - Fees and Compensation
With respect to our investment programs, we are compensated for investment advisory services based
on a fee rate applied to advisory clients’ assets under management. Given the firm’s origin as a family
office, as a general matter, client fees are intended to cover OIS’ cost of operations. OIS offers two
approaches to fees in the taxable program. The standard fee schedule for the taxable program is set
forth below:

                   Account Value                                         Annual Rate
                  First $50 million                                        0.50%
                 Next $50 million                                          0.40%
                 Over $100 million                                         0.30%

If applicable in the Investment Advisory Agreement, related accounts may be aggregated to achieve the
benefit of scale with respect to the tiered fee structure. OIS may negotiate this schedule in its sole
discretion.

The second approach is primarily used for founding family clients and their related accounts and entities
(including tax-exempt entities) and involves a non-negotiable agreement to pay the fee OIS determines
in conjunction with its owner each year based on its projected financial results. This flat fee is a
percentage of assets under management which can vary from year to year. Fees are reviewed annually,
and clients are notified in advance of the fee rate for the coming year. These clients may also be subject
to a special assessment at year-end as a result of changes in the firm’s net operating income. For 2026,
the annual fee is 0.43% on assets.

The limited non-discretionary advisory service discussed above has no standard fee and is negotiated on
a case-by-case basis based on the services to be provided.

Fees for tax-exempt clients, other than as discussed above, are negotiated on a case-by-case basis.

With respect to advisory fees, OIS may, in its sole discretion, waive all or a portion of such fees.
Advisory fees are generally charged in quarterly installments in advance based on the value of the
account assets as of the end of the first business day of the quarter to which the fee relates. If the
Investment Advisory Agreement is in effect for less than the whole of any quarterly period at the
beginning or end of OIS’ provision of services, the advisory fee will be calculated on a pro rata basis for
the partial period of the calendar quarter for which OIS provides services. The pro-rata portion of any
pre-paid advisory fees will be refunded reflecting the portion of a quarter for which no advisory services
were provided because of a relationship termination. Given the structure of OIS’ investment program,
per the terms of the Investment Advisory Agreement, such agreement (and the related advisory fee) will
remain in effect after a notice of termination through the end of the liquidity terms of any applicable OIS
Private Fund investment.
In determining the value of client accounts, except with respect to the OIS Private Funds and the BBTC
Funds (see Item 10 for additional information regarding the BBTC Funds) , OIS does not include the value
of accrued income, which reflects the value of interest or dividends accumulated or declared but not yet
paid by the issuer or received by the custodian.
OIS does not receive any compensation from any third party in connection with the advisory services it
provides.
OIS does not charge a separate advisory fee to the OIS Private Funds. Rather, for advisory clients whose
assets are invested in the OIS Private Funds, the client’s advisory fee is allocated to the client’s capital
account and deducted by OIS. Fees are calculated based on the unaudited net asset value for the
applicable OIS Private Fund.
And, as disclosed in the applicable offering documents, one of the OIS Private Funds invests in other OIS
Private Funds. This fund is only open to founding family clients. Clients investing in the top-level OIS
Private Fund are charged an advisory fee of 10 basis points but also pay their pro rata share of the
expenses of the underlying funds, including the economic equivalent of their floating-rate advisory fee
applied to the underlying funds.

For client investments outside of the OIS Private Funds, OIS deducts the applicable advisory fee directly
from a client custodial account.

Other Fees and Expenses
To the extent client assets are invested in the OIS Private Funds, each OIS Private Fund has its own
expenses, including transaction, custody, legal and other expenses. Additional information about OIS
Private Fund expenses is set forth below. Advisory clients will bear their pro rata share of these
expenses, based on their ownership interest in the OIS Private Funds.

Advisory clients invested in the OIS Private Funds will also indirectly bear their pro rata share of the fees
and expenses associated with the investments made by the applicable OIS Private Fund. For example, to
the extent an OIS Private Fund invests in another private fund, these indirect fees and expenses would
include, but not be limited to, the underlying fund’s investment advisory fee, performance fee (if any),
administrative fees and expenses, brokerage expenses such as commissions, custodial expenses, legal
expenses, audit expenses and other operating expenses. In some instances, OIS may invest client assets
in a fund of funds, which would create three layers of fees, inclusive of OIS’ advisory fee.

To the extent client assets are invested directly in third party separate accounts, clients will pay advisory
fees to those managers directly as well as OIS’ advisory fee. Other fees and expenses related to those
managers include performance fees (if any), custodial costs and brokerage expenses such as
commissions.

To the extent client assets are invested directly in third-party mutual funds and/or ETFs, the client’s
...

Item 7 - Types of Clients

We provide investment advice to the following types of clients:
    High net worth families and individuals and their related entities;
    Charities, foundations, endowments, and other not-for-profit organizations; and
    The OIS Private Funds.
We generally target prospective clients with $25 million in investments. We have the right to waive this
minimum in our sole discretion.