Quorus Inc

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client engaging the Advisor for services described herein shall be required to enter into one or more
written agreements with the Advisor.

A. Fees for Advisory Services
Sub-Advisory Clients
Sub-advisory fees are typically charged quarterly, in arrears of the calendar quarter. However, the Advisor and the
Client may instead establish a fee arrangement for fees to be paid in advance of the quarter. The fee methodology will
be agreed upon in the sub-advisory agreement. Fees are based on the market value of assets under management at
the end of the respective calendar quarter. Fees range from 0.10% to 2.00% annually based on several factors,
                                                           Quorus Inc.
                                       500 Post Road 2nd Floor, Suite 303, Westport CT 06880
                                         Phone: (929) 560-2588 | Website: https://quorus.io

including: the scope and complexity of the services to be provided; the level of assets to be managed; and the overall
relationship with the Advisor. Relationships with multiple objectives, specific reporting requirements, portfolio
restrictions, Third Party Model Providers, and other complexities may be charged fee at the higher end of the range
above. At no point will the Client’s fee exceed 3% of assets under management.

The fee in the first quarter of service is prorated from the inception date of the account[s] to the end of the first quarter.
Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into consideration the
aggregate assets under management with the Advisor. All securities held in accounts managed by Quorus will be
independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s valuation to
ensure accurate billing.

Fees to Quorus cover the investment strategy provided by the Model Manager and the day-to-day account
management provided by Quorus. In cases where clients utilize a Third Party Model Provider or an Index Provider,
Quorus will pay a portion of the fee to the selected model providers. In cases where Quorus is the model provider, all
fees are retained by Quorus.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs. Please note that lower fees for comparable
services may be available from other sources. We encourage all Clients to evaluate our services and fees relative to
other investment advisory service providers.

Direct Clients
Investment management fees for direct Clients are typically charged quarterly, in arrears of the calendar quarter.
However, the Advisor and the Client may instead establish a fee arrangement for fees to be paid in advance of the
quarter. The fee methodology will be agreed upon in the investment management agreement. Fees are based on the
market value of assets under management at the end of the respective calendar quarter. Fees range from 0.10% to
2.00% annually based on several factors, including: the scope and complexity of the services to be provided; the level
of assets to be managed; and the overall relationship with the Advisor. Relationships with multiple objectives, specific
reporting requirements, portfolio restrictions, Third Party Model Providers, and other complexities may be charged fee
at the higher end of the range above.

The fee in the first quarter of service is prorated from the inception date of the account[s] to the end of the first quarter.
Fees may be negotiable at the sole discretion of the Advisor. The Client’s fees will take into consideration the
aggregate assets under management with the Advisor. All securities held in accounts managed by Quorus will be
independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s valuation to
ensure accurate billing.

Fees to Quorus cover the investment strategy provided by the Model Manager and the day-to-day account
management provided by Quorus. In cases where clients utilize a Third Party Model Provider or an Index Provider,
Quorus will pay a portion of the fee to the selected model providers. In cases where Quorus is the model provider, all
fees are retained by Quorus.

The Advisor’s fee is exclusive of, and in addition to any applicable securities transaction and custody fees, and other
related costs and expenses described in Item 5.C below, which may be incurred by the Client. However, the Advisor
shall not receive any portion of these commissions, fees, and costs. Please note that lower fees for comparable
services may be available from other sources. We encourage all Clients to evaluate our services and fees relative to
other investment advisory service providers.

B. Fee Billing
Sub-Advisory Clients
Sub-advisory fees are calculated by the Advisor or its delegate and deducted from the Client’s account[s] at the
Custodian, unless otherwise agreed in the sub-advisory agreement. If the fees are deducted from the account[s], the
Advisor shall send an invoice to the Custodian indicating the amount of the fees to be deducted from the Client’s
account[s] for the respective billing period. The amount due is calculated by applying the quarterly rate (annual rate
                                                           Quorus Inc.
                                       500 Post Road 2nd Floor, Suite 303, Westport CT 06880
                                         Phone: (929) 560-2588 | Website: https://quorus.io

divided by a proration factor calculated as the number of days in the quarter divided by 365) to the total assets under
...

Item 7 – Types of Clients
Quorus is a technology-powered asset manager that delivers personalized investment solutions. Quorus provides
professional portfolio management services to RIAs and other wealth managers who serve individuals, families,
family offices, businesses, small endowments and foundations. Quorus may also provide its services to Direct
Clients, which are individuals and high net worth individuals. Quorus generally requires a minimum relationship size
of $250,000 to effectively implement its investment process. Quorus may reduce this minimum at its sole discretion.