Redswan PC Inc

Item 5: Fees and Compensation

E. Fee Schedule

Portfolio Management Fees

        Total Assets Under Management         Annual Fees
        All Assets                            1.50%

These fees are generally non-negotiable and are disclosed in the private placement
memorandum for each commercial real estate equity financing deal and the final fee
schedule will be memorialized in the client’s advisory agreement.

Clients may terminate the agreement without penalty for a full refund of RPI’s fees within
five business days of signing the Investment Advisory Contract. Thereafter, clients may
terminate the Investment Advisory Contract generally with 30 days’ written notice.

Subadvisor Services Fees

RPI may also act as a subadvisor to unaffiliated third-party advisers. The notice of
termination requirement and payment of fees for subadvisor services will depend on the
specific third-party investment adviser engaging RPI as subadvisor. This relationship will
be memorialized in each contract between RPI and each third-party adviser. The fees will
not exceed any limit imposed by any regulatory agency.

B. Payment of Fees

Payment of Portfolio Management Fees

Asset-based portfolio management fees are withdrawn directly from the client’s accounts
or may be invoiced and billed directly to the client on a quarterly basis. The fees are
charged quarterly in arrears based on the value of the client’s commercial real estate
backed digital securities as of the end of the quarter.

Payment of Subadvisor Fees

Subadvisor fees may be withdrawn from clients’ accounts or clients may be invoiced for
such fees, as disclosed in each contract between RPI and the applicable third-party
adviser.

C. Client Responsibility For Third Party Fees

Clients are responsible for the payment of third-party fees (i.e. brokerage fees, transaction
fees, etc.). Those fees are separate and distinct from the fees and expenses charged by RPI.
Please see Item 12 of this brochure regarding broker-dealer/custodian.

D. Prepayment of Fees

RPI collects fees in arrears.

E. Outside Compensation For the Sale of Securities to Clients

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

Item 7: Types of Clients

RPI generally provides advisory services to the following types of clients:

       ❖       High-Net-Worth Individuals
       ❖       Pooled Investment Vehicles
       ❖       Institutions
       ❖       Other Investment Advisers

There is no account minimum.