Quantify Chaos Advisors LLC

ITEM 5               FEES AND COMPENSATION

A.   ADVISORY FEES
     Fees for ETF Sub-Advisory Services
     The Firm receives 0.06% of the assets under management for the ETFs annually as part of its sub-
     advisory services. This fee is included as part of the expense ratio for the ETFs we manage in the
     range of 0.99% to 1.29% of assets under management on an annual basis. These fees are further
     described in each fund’s Prospectus and Statement of Additional Information filed with the SEC.

     Separate Accounts Sub-advisory
     The Firm offers its investment management services on a fee only basis and does not have a
     standard fee schedule. All fee arrangements are negotiated on an individual basis with each client.
     Separate Account clients will typically be charged an advisory fee in the range of 0.25% to 1.000% of
     assets under management on an annual basis.

     With respect to Separate Account clients, advisory fees are paid in advance and typically deducted
     within fifteen business days of the beginning of each calendar quarter directly from the client’s
     custodial account, based on the custodian’s market value as of the last day of the prior calendar
     quarter. Clients, however, may elect to be billed separately for Quantify Fund’s advisory fees in lieu
     of having them deducted from their custodial accounts.

     If an Outside Manager is used, the above fee schedule includes the Outside Manager’s fee. The
     Outside Manager’s advisory fees, billing schedule, and payment procedures are set forth in their
     separate written disclosure documents, advisory agreements, and/or the account opening
     documents of your account custodian.

B.   OTHER FEES & EXPENSES
     Clients may incur certain fees or charges imposed by third parties, other than the Firm, in
     connection with investments made on behalf of the client’s account(s). The client is responsible
     for all custody and securities execution fees charged by the Custodian. The fees charged by the
     Firm are separate and distinct from these custody and execution fees.

     The following list of fees or expenses are what clients pay directly to third parties, whether a
     security is being purchased, sold or held in accounts under our management. The fees include:

     •     Brokerage commissions;

     •     Exchange fees;
     •     SEC fees;
     •     Advisory fees and administrative fees charged by funds;
     •     Advisory fees charged by sub-advisers (if any are used for your account);
     •     Custodial fees;
     •     Deferred sales charges;
     •     Transfer and electronic fund processing fees;
     •     Commissions or mark-ups / mark-downs on security transactions;
     •     Others that may be incurred.

     In addition, no employees receive (directly or indirectly) any compensation from the sale of
     securities or other investment products that are purchased or sold for your account. As a result,
     we are a fee only investment adviser.

C.   REFUND POLICY
     Advisory fees are prorated for any new accounts opened during a calendar quarter. In the event that a
     Separate Account client terminates its investment management services agreement with Quantify Funds
     prior to the end of a quarter, the client will receive a refund of any unearned management fees that were
     deducted from their custodial account. The amount of the refund will be calculated by dividing the most
     recent management fee by the number of days in the quarter and multiplying that figure by the number of
     days left in the quarter following the date of termination.

ITEM 7             TYPES OF CLIENTS

A.   DESCRIPTION
     As an approved discretionary investment sub-adviser to investment companies, the Firm serves
     the investment adviser to the ETFs.

     For Separately Managed Accounts the Firm serves individuals, high net worth individuals, family
     offices, and institutions, among others.

B.   ACCOUNT MINIMUMS
     A minimum account of $1,000,000 is required for Separate Account Management clients, although
     this is negotiable under certain circumstances.