Quest Investment Management LLC

Item 5 – Fees and Compensation

Direct Portfolio Management

    Amount of Our Fees

       We generally calculate our fees as a percentage of the assets we manage for you. Our
standard fee schedule is stated below (fees are on annual basis):

                     Institutional Large Cap Equity        Annual Fee
                            Fees: Assets Under
                               Management
                            First $25 million                  0.6%
                            Next $25 million                   0.5%
                         Amounts over $50 million              0.4%

                     Retail Large Cap Equity Fees:
                      Assets Under Management

                            First $2.5 million                1.00%
                            Next $7.5 million                 0.75%
                            Next $15 million                  0.60%

Quest Investment Management, LLC
Form ADV Part 2A – Disclosure Brochure              7                          February 28, 2026

                       Conservative Capital Asset
                        Allocation Strategy Fees
                            First $25 million                   0.50%
                            Next $25 million                    0.40%
                        Amounts over $50 million                0.25%

                          Strategic Capital Asset
                         Allocation Strategy Fees
                             First $25 million                  0.60%
                              Next $25million                   0.50%
                         Amounts over $50 million               0.40%

                                   Retail CAAS
                                    All assets                  1.00%

    Payment of Our Fees

        Each quarter, we calculate our fee based on the aggregate fair market value of the cash
and securities in your account on the last business day of the quarter. We use an outside pricing
service to assist us in determining fair market value. The value of any security listed on any
national securities exchange is valued at the last quoted sale price on the valuation date. Any
other security or asset is valued by us to reflect its fair market value.

        You pay our fees in arrears at the end of each calendar quarter. We may deduct our fees
directly from your account or invoice you for the amount due, depending on the agreement
between you and us. If your agreement begins during a quarter, we will prorate the fee you pay
for the initial partial quarter, based on the number of days from the beginning of your agreement
until the end of the initial quarter. Additionally, our client agreement may generally be
terminated on 30 days' written notice by either you or us. If your agreement with us terminates
during a quarter, we will prorate the fee you owe, based on the number of days between the end
of the 30-day notice period and the end of the quarter.

        In addition, because we calculate our fee based on the value of your account assets on the
last day of a quarter, we may make adjustments to your quarterly fee due to assets you add or
withdraw during a quarter if those additions or withdrawals cause (in our sole determination) a
significant change in the value of your account. If we make such an adjustment, we will prorate
the increase or decrease in fees based on the number of days between the significant addition or
withdrawal and the end of the quarter.

Fees for Services to the QGTs

        For our services to the QGTs (described above in Item 4), we receive an annual fee equal
to the sum of (a) 0.75% of the net market asset value of the real estate assets held by the QGTs
and (b) 0.25% on 20% of the value of all non-real estate assets held by the QGTs. The QGTs'
Quest Investment Management, LLC
Form ADV Part 2A – Disclosure Brochure              8                             February 28, 2026

trustee and custodian each receives an annual fee equal to the sum of (a) 0.25% of the net market
asset value of the real estate assets held by the QGTs and (b) 0.125% of the value of all non-real
estate assets held by the QGTs.

        Note: These fees are based, in part, on the valuation of real estate assets. Unlike
exchange-traded securities, real estate assets do not have readily available market quotations that
provide benchmarks for determining value. As a result, there is a potential conflict of interest
that occurs when such assets are valued to calculate fees. To address this conflict, MAI-
designated appraisers conduct annual independent appraisals of the real estate held by the QGTs.
We recommend that the QGTs' trustee accept the valuation if it appears reasonable. Moreover,
in accordance with Financial Accounting Standards Statement No. 157, the QGTs' trustee or
auditor may ask us to provide a fair valuation report on assets held by the QGTs. That report
would be available to a QGT investor upon request.

Negotiability and Fee Variation

        We reserve the right to negotiate fees. Some clients pay more or less than others
depending on certain factors, including the type and size of the account, our fee schedule in
effect at the time the client engaged us, the range of additional services provided to the client,
anticipated future additional assets, and the total amount of assets managed for a group of related
clients. Your fee is specified in your agreement with us.

        We currently manage a few accounts on a fixed fee basis. In our sole discretion, we may
agree to receive fixed fees instead of the asset-based fee described above.

        We may group related accounts together to allow clients to determine our fee. We may
also offer fee discounts to family members and friends of our firm's associated persons. These
discounts are not generally available to our advisory clients.

Other Fees
...

Item 7 – Types of Clients

         We generally provide advice to the following types of clients:

Quest Investment Management, LLC
Form ADV Part 2A – Disclosure Brochure            10                                 February 28, 2026

               •    individuals, including their trusts, estates, individual retirement accounts (IRAs)
                    and self-directed 401(k) accounts

               •    pension and profit sharing plans

               •    endowments and other charitable organizations

               •    corporations and other businesses

Minimum Account Size

        The minimum account size is $1 million for investment in our Large Cap Equity and
Large Cap Concentrated Equity strategies (all described below in Item 8). We do not have
account minimums for accounts invested in other strategies. Under all circumstances, we reserve
the right to waive any minimum account requirements at our discretion.

       You are subject to the minimum account requirements in effect when you engage us as
your adviser. Therefore, our minimum account requirements will differ among clients. We may
group related accounts together to allow clients to meet our minimum account requirements.