Open Source Investments LLC

Fees and Compensation

Our fees are computed as a percentage of assets managed pursuant to a sliding scale and are listed below on an
annualized basis:

    ANNUAL FEE

    AMF - Allocation and Managed Funds

    • $0-$250,000 - 1.3 percent
    • $250,000-$500,000 - 1.2 percent
    • $500,000-$750,000 - 1.1 percent
    • $750,000-$1,000,000 - 1.0 percent
    • >$1,000,000 - 0.8 percent
    OASIS Program

    • $0-$250,000 - 1.95 percent
    • $250,000-$500,000 - 1.8 percent
    • >$500,000 - 1.7 percent
Our fees are negotiable in some circumstances. Our fees are payable quarterly on the first day of each quarter, and are
computed upon the market value of the assets covered by this agreement as of the last working day of the month prior
to the quarter in question. If services to be rendered hereunder shall commence or terminate on a day other than a
normal billing date, the fee shall be fairly and equitably prorated. Normally, when authorized, our fees are deducted
directly from client custodial accounts. We do not collect fees in advance.

Clients are responsible for brokerage fees and limited custody and administrative fees. We strive to negotiate favorable
fees on the client’s behalf when possible. (This is discussed further in Item 12 below.) We receive no transaction fee or
any other compensation via client trading activity nor do we charge any exit or cancellation fees. None of our supervised
persons accept compensation for the sale of securities or other investment work product.

For certain clients, Open Source Investments LLC charges an advisory fee for services provided to the held away
accounts mentioned above in Item 4. This fee is deducted from an account under Open Source Investments LLC’s
management or paid directly by the client on a quarterly basis. Fees are typically based on the assets within these held
away accounts and are charged according to the valuation of the accounts at the close of the quarter as valued by the
account custodian. Fees will typically be based on the client’s full portfolio value, including the held away accounts. The
specific fee schedule charged by Open Source Investments LLC is established in a client’s written agreement with Open
Source Investments LLC. Client acknowledges that for the held away accounts, the current order management system
utilized by Open Source Investments LLC is provided by Pontera.

Additional Expenses

When Open Source invests a client’s assets in a mutual fund, or exchange-traded fund, the client may incur additional
expenses and fees as a shareholder of those mutual or exchange traded funds. These additional expenses may include:
advisory/management fees, distribution fees, administrative expenses, and other fund operating expenses. Clients
wishing to obtain more information about the fees and expenses that may apply due to investing in mutual funds or
exchange-traded funds should contact Open Source. Clients may also obtain more information by reviewing the relevant
prospectus(es) for the underlying mutual funds or exchange-traded funds in which the clients’ assets are invested

Types of Clients

Our clients consist primarily of individuals and small businesses and their respective investment plans. We do not have a
minimum account size.