Paul Winkler Inc

ITEM 5: FEES AND COMPENSATION

A. FEE SCHEDULE

              INVESTMENT EDUCATION AND FINANCIAL PLANNING SERVICES

To participate in the Investor Education Program, which includes a workshop and development of a
financial plan, you will sign our Coaching/Planning Engagement or Wealth Planning Agreement. The
Coaching/Planning Engagement Agreement requires a fee to be paid in advance of work being commenced.
This fee is determined by PWI based on a variety of factors and may be waived or reduced in the sole
discretion of the Firm.

If you implement the investment management recommendations through an investment manager
recommended by PWI, you may participate in ongoing educational workshops at no additional cost to you.
You may, or we may, terminate this arrangement within five (5) business days of signing the
Coaching/Planning Engagement or Wealth Planning Agreement. After five business days, you may
terminate the engagement at any time, but you will be billed at $225 per hour for the number of hours we
spent on the engagement to the date of termination. After this, either you may or we may terminate the
agreement by providing written notice to the other. We will promptly refund any prepaid unearned fees to
you.

PWI offers additional electronic, educational coursework addressing diverse topics tailored to different life
stages and client objectives. These courses are standalone and not bundled in or with any additional services
offered. The one-time fee per course ranges from $100-$250 depending on the subject matter of the course.
Any requested refund would be at the sole discretion of PWI. Clients of PWI or of the Investor Education
Program are not obligated to purchase these additional courses.

Wealth planning fees are based on the size, complexity, and nature of your personal and financial situation
and the amount of time it will take to analyze and summarize the plan. Wealth planning services are offered
on a fixed fee basis. Fees range from $2,500 to $10,000 for the initial engagement. The fee will be disclosed
before you sign the Wealth Planning Contract (“Agreement”). This Agreement will include the cost to
review your financial information and prepare the comprehensive plan. One-half of the fee will be due at
the time the Agreement is signed, with the remaining half due upon completion. You will have five (5)
business days to terminate the Agreement without charge. Should you wish to terminate the Agreement
after such time and before presentation of the plan, we will be compensated through the date of termination
for time spent in design of the plan at an hourly rate agreed to by both parties in the Agreement. We will
promptly refund any prepaid unearned fees to you. After the plan has been completed and presented to you,
termination of the Agreement is no longer an option.

                                   THIRD PARTY ASSET MANAGER

In addition to the advisory fee charged by PWI as outlined above, the TPAM will charge an annual
percentage-based fee for their sub-advisory services of up to 1.00% per annum. This fee is separate and in
addition to the advisory fee charged by PWI; however, the total of fees charged by PWI and the TPAM

shall not exceed 2.0% of assets under management per year. The annual fee is based on the fair market or
agreed upon value of the client’s account assets determined as of the last business day of each calendar
month. Advisory fees are annualized and applied monthly in arrears, based on the number of days in a
month. Lower fees for comparable services by other third-party portfolio managers may be available from
other sources.

For full disclosure of the TPAM’s fees, please refer to the Form ADV Part 2A for the TPAM.

Matson Money Co-Advisors Program

We currently utilize Matson Money as our TPAM. When you participate in a Matson Money program, your
investments bear all fund-related fees and expenses, including brokerage fees and operating expenses as
well as the expenses derived from the underlying mutual funds in which the Matson Funds invest. As
adviser to its funds, Matson Money receives fees of 0.49% on each fund’s average daily net assets. Assets
invested in shares of the Matson Funds are subject to embedded advisory and other fees and expenses,
which are paid by the Matson Funds, but ultimately borne by investors. As funds of funds, the Matson
Funds invest in shares of other registered investment companies. Advisers to the underlying mutual funds
are paid an advisory fee by each underlying fund they manage. Thus, clients bear their asset-based share of
the fees and expenses of each underlying fund as well as the Matson Fund series in which their assets are
invested. No sales loads are paid to Matson Money or PWI for fund investments. Matson Money does not
charge a separate advisory fee above or beyond the fees embedded in the Matson Funds.

Annual fees paid to PWI are collected by Matson Money quarterly in advance, at one-fourth of the annual
rate. For non-ERISA accounts, Matson Money debits fees from your account and pays that amount directly
to PWI. For ERISA accounts, Matson Money instructs your third-party custodian to debit fees and pay to
PWI. Fees are based on the market value of your account on the last business day of the preceding calendar
quarter.

Clients who invest in Matson Funds through different co-advisers may pay higher or lower fees to their co-
adviser than other investors in the same funds. Clients pay fees generally in line with the following
representative fee schedule:

             Assets Under Management                                     Annual Rate
                   First $500,000                                          1.00%
                   Next $500,000                                           0.50%
                 Next $3,000,000                                           0.40%
             Next $4,000,000 and over                                      0.25%
...

ITEM 7: TYPES OF CLIENTS

PWI generally provides investment advisory services to individuals, high net-worth individuals, profit
sharing plans, trusts, estates, charitable organizations, and businesses.

We do not require a minimum account balance. However, your TPAM may require a minimum account
balance to open and maintain your account with them, though the TPAM may reduce or waive this
requirement in their sole discretion.