Portage Wealth Inc

Item 5 Fees and Compensation
Fees and other charges

Individually Managed Accounts:
Fees for individually managed accounts are tier priced as follows:

        Portfolio Under Management ($)                           Annual Program Costs (%)
              $500,000 - $1,000,000                                        1.50%
             $1,000,000 - $2,500,000                                       1.25%
             $2,500,000 - $5,000,000                                       1.00%
             $5,000,000 - $10,000,000                                      0.75%
                  $10,000,000+                                            Negotiable

At our discretion, we may choose to negotiate the percentages assigned in the aforementioned annual
fee schedule with the client. All asset-based fees are deducted by the qualified custodian of record on a
quarterly basis in Advance, or as otherwise indicated in the client agreement. Client statements for
prior deductions will be provided on a quarterly basis.

All fees paid to Portage for investment advisory services are separate and distinct from the expenses
charged by third-party managers and Investment Companies to their shareholders. These fees and
expenses are described to the client in separate disclosures. These fees will generally include third-party
management fees, an Investment Company management fee, other fund expenses, and in some situations
a possible distribution fee.

Portage will provide investment advisory services and portfolio management services but will not
provide custodial or other administrative services. At no time will Portage accept or maintain custody of
a client’s funds or securities except for authorized fee deduction. The Client may contact the Custodian
directly for disbursements, or account record changes, and may also do so in writing to the custodian.
Portage may act at the client’s convenience to facilitate such written communications to the Custodian,
provided that such action is not construed to be custody of client assets.

Client is responsible for all custodial and securities execution fees charged by the custodian and
executing broker-dealer. Fees paid to Portage are separate and distinct from the custodian and execution
fees.

Clients may request to terminate their advisory contract with Portage, in whole or in part, by providing
advance written notice. Upon termination, any fees paid in advance will be prorated to the date of
termination and any excess will be refunded to client through the Custodian. Client’s advisory agreement
with the Firm is non-transferable without Client’s written approval.

Fixed fees paid in advance will be prorated to the date of termination and the excess refunded to the
client by check as soon as practicable. Where the firm may request a fee in advance, the amount paid in
advance will not be more than $1,200 per client and 6 months in advance. The remaining fixed fees will
be paid after services are performed.

Fee Deduction Disclosure

Where Portage deducts its management fee from client accounts utilizing a qualified custodian, the
Portage is required to meet the following requirements.

   •   Possess written authorization from the client to deduct advisory fees from an account held by a
       qualified custodian;
   •   The firm must send the qualified custodian a written invoice detailing the fee amount to be
       deducted from the client account; and,
   •   The firm must send the client a written invoice itemizing the fee, the invoice must detail any
       formulae used to calculate the fee, the time period covered by the fee and the amount of assets
       under management on which the fee was based. This may be included with the clients quarterly
       performance report.

Right of Cancellation

In addition to the right to terminate an agreement pursuant to its terms, a client may cancel an agreement
with Portage within five (5) business days of first receiving a copy of this disclosure brochure and
supplement without penalty or fee.

Compensation for the Sale of Securities

Neither Portage nor any of its supervised persons receive compensation for the sale of securities or other
investment products, including asset-based sales charges or service fees from the sale of mutual funds.

Item 7 Types of Clients
Portage provides investment advice to many different types of clients. These clients generally include
individuals, personal holding companies and small businesses.

Minimum Account Size

The Firm requires a minimum of $500,000 of investable assets. Third-party managed programs
generally have account minimum requirements, and these minimum requirements vary from manager
to manager. Account minimums are generally higher on fixed income accounts than equity-based
accounts.