Olive Branch Capital LLC

Fees and Compensation

The following types of fees will be assessed:

Asset Management – Fees are charged in arrears and are based primarily on asset size and the
level of complexity of the services provided. In individual cases, OBC has the sole discretion to
negotiate fees that are lower than the standard fee shown or to waive fees. Fees are not based on
the share of capital gains or capital appreciation of the funds or any portion of the funds.
Comparable services for lower fees may be available from other sources. Fees for the initial month
will be prorated based upon the number of calendar days in the calendar month that the advisory
agreement is in effect. Fees are based on the market value of the assets on the last business day of
the month. Annual fees range from 1.00% - 1.50%, depending on the amount of assets under
management (“AUM”) – See chart below. Consulting services are included in these fees for asset
management services with the exception of unique circumstances that may require a separate
agreement for financial planning services (description and fees are discussed below). If the
situation warrants separate financial planning fees, it will be discussed upfront and a separate
agreement will be negotiated.

Fee Schedule for Asset Management:

  Total Account Value                                   Maximum Annual Advisory Fee
 Under $750,000                                                 1.50%
 $750,001 – $1,500,000                                          1.25%
 $1,500,001 - $5,000,000                                        1.00%
 $5,000,001 or more                                           Negotiable

As authorized in the client agreement, the account custodian withdraws Olive Branch Capital,
LLC’s advisory fees directly from the clients’ accounts according to the custodian’s policies,
practices, and procedures. The custodial statement includes the amount of any fees paid to OBC
for advisory services. You should carefully review the statement from your custodian/broker-
dealer’s statement and verify the calculation of fees. Your custodian/broker-dealer does not verify
the accuracy of fee calculations.

Fees are charged in arrears on a monthly basis, meaning that advisory fees for a month are charged
on the first day of the month. Clients may terminate investment advisory services obtained from
OBC, without penalty, upon written notice within five (5) business days after entering into the
advisory agreement with OBC. The client is responsible for any fees and charges incurred by the
client from third parties as a result of maintaining the account such as transaction fees for any
securities transactions executed and account maintenance or custodial fees. Thereafter, the client
may terminate advisory services upon written notice delivered to and received by OBC. Clients
who terminate investment advisory services during a month are charged a prorated advisory fee
based on the date of OBC’s receipt of client’s written notice to terminate. Any earned but unpaid
fees are immediately due and payable.

Financial Planning – Financial planning services are charged in arrears through a fixed fee or
hourly arrangement as agreed upon between the client and Olive Branch Capital, LLC. There will
never be an instance where $500 or more in fees is charged six or more months in advance. Hourly
fees are generally charged when the scope of services cannot be determined or if the services are
limited to one meeting. Fixed fees are generally quoted to the client for longer term consulting
projects. Fees are negotiable and vary depending upon the complexity of the client situation and
services to be provided. Hourly fees range from $75 - $250 per hour, depending on what is
negotiated between OBC and the client. Similar financial planning services may be available
elsewhere for a lower cost to the client. Fixed fees for longer-term consulting projects range from
$250 to $5,000 per project. An estimate for total hours and charges is determined at the start of
the advisory relationship.

Typically, clients will be invoiced monthly for all time spent by OBC as agreed upon by client or
upon completion of the services if less than a month. Clients who wish to terminate the planning
process prior to completion may do so with written notice. The client may obtain a refund of a
pre-paid fee if the advisory contract is terminated before the end of the billing period by contacting
Chris Etheridge at (901) 338-3400 or Scott Coleman at (662) 893-4190. Upon receipt of written
notification, any earned fee will immediately become due and payable. A client may terminate an
advisory agreement without being assessed any fees or expenses within five (5) days of its signing.

Additional Fees and Expenses

In addition to advisory fees paid to OBC as explained above, clients may pay custodial service,
account maintenance, transaction, and other fees associated with maintaining the account. These
fees vary by broker and/or custodian. Clients should ask OBC for details on transaction fees or
other custodial fees specific to their account, as these fees are not included in the annual advisory
fee. OBC does not share any portion of such fees. Additionally, for any mutual funds purchased,
the client may pay their proportionate share of the funds’ distribution, internal management,
investment advisory and administrative fees. Such fees are not shared with OBC and are
compensation to the fund manager. Clients are urged to read the mutual fund prospectus prior to
investing.

Mutual fund companies impose internal fees and expenses on clients. These fees are in addition
to the costs associated with the investment advisory services as described above. Complete details
of such internal expenses are specified and disclosed in each mutual fund company’s prospectus.
Clients are strongly advised to review the prospectus(es) prior to investing in such securities.
...

Types of Clients

OBC offers investment advisory services to individuals. There is no minimum account size to
open and maintain an advisory account.

Form ADV, Part 2A, Item 8

       Methods of Analysis, Investment Strategies, and Risk of Loss

OBC’s methods of analysis and investment strategies incorporate the client’s needs and investment
objectives, time horizon, and risk tolerance. OBC is not bound to a specific investment strategy
for the management of investment portfolios, but rather consider the risk tolerance levels pre-
determined gathered at the account opening, as well as on an on-going basis. Examples of
methodologies that our investment strategies may incorporate include:

Asset Allocation – Asset Allocation is a broad term used to define the process of selecting a mix
of asset classes and the efficient allocation of capital to those assets by matching rates of return to
a specified and quantifiable tolerance for risk.

Dollar-Cost Averaging – Dollar-cost averaging is the technique of buying a fixed dollar amount
of securities at regularly scheduled intervals, regardless of the price per share. This will gradually,
over time, decrease the average share price of the security. Dollar-cost averaging lessens the risk
of investing a large amount in a single investment at the wrong time.

Technical Analysis – involves studying past price patterns and trends in the financial markets to
predict the direction of both the overall market and specific stocks.

Long-Term Purchases – securities purchased with the expectation that the value of those securities
will grow over a relatively long period of time, generally greater than one year.

Short-Term Purchases – securities purchased with the expectation that they will be sold within a
relatively short period of time, generally less than one year, to take advantage of the securities’
short-term price fluctuations.

Our strategies and investments may have unique and significant tax implications. Regardless of
your account size or other factors, we strongly recommend that you continuously consult with a
tax professional prior to and throughout the investing of your assets.

Investing in securities involves risk of loss that clients should be prepared to bear. Although we
manage your portfolio with strategies and in a manner consistent with your risk tolerances, there
can be no guarantee that our efforts will be successful. You should be prepared to bear the risk of
loss.

All investments involve the risk of loss, including (among other things) loss of principal, a
reduction in earnings (including interest, dividends, and other distributions), and the loss of future

earnings. These risks include market risk, interest rate risk, issuer risk, and general economic risk.
Regardless of the methods of analysis or strategies suggested for your particular investment goals,
you should carefully consider these risks, as they all bear risks.

Artificial Intelligence and Machine Learning Risk - Certain service providers utilized by the Firm
to service client accounts have artificial intelligence components. The use of artificial intelligence
and machine learning includes increased risk of data inaccuracies and security vulnerabilities. Due
to the rapid advancement of machine learning technologies, future risks related to artificial
intelligence are unpredictable. As a measure to mitigate these risks to our clients, the Firm
performs periodic due diligence of our service providers for assurance that the service providers
have appropriate controls in place to protect our clients’ information and to limit data inaccuracies
when artificial intelligence is used by the service provider.

Form ADV, Part 2A, Item 9