Relative Sentiment Technologies LLC

ITEM 5: FEES AND COMPENSATION
A.     Description of Fees

Sub-Advisory Fees
As noted above, RST is the non-discretionary Sub-Adviser to MOOD. The adviser to MOOD pays
RST sub-advisory fees which are calculated daily and paid monthly in arrears, at an annual rate of
0.65% based on the Fund’s average daily net assets. As a non-discretionary sub-adviser, RST will
not receive any portion of commissions, transaction fees, or other brokerage costs generated by
MOOD. More information about Fund fees can be found in the prospectus.

OCIO and Model Delivery Fees
When RST acts as OCIO or a model provider, we receive a flat fee from each client. Under these
arrangements, RST will generally not have any direct agreement or communication with the
adviser’s underlying clients. RST’s OCIO and model fees are negotiable and vary from one client
to another. Any underlying client of such investment advisers or family offices who is seeking

information on the specific billing schedule that would be applicable to an account should contact
their investment adviser.

Promoter Fees
For as long as a referred client remains a client of the investment adviser for whom RST acts as
Promoter, RST will split the investment advisory fees payable to the investment adviser, earned
under all investment advisory agreement between the investment adviser and referred clients.

B.     Fee Billing Arrangements

RST is generally paid monthly by each client for providing OCIO or model portfolio services. RST
is generally paid monthly for its Promoter services. RST has no access to underlying client
accounts for fee deduction purposes.

C.     Other Fees and Expenses

Aside from advisory fees paid to RST, clients will generally incur additional expenses. For
example, clients will pay, when applicable, brokerage commissions, custodial fees, SEC fees on
sell transactions or other fees and taxes related to the trade execution and settlement process. These
expenses are paid by clients to third parties and do not accrue to RST. Clients who select a
custodian that charges per-trade fees will pay higher transaction fees than other clients who are not
subject to these fees, especially when portfolio turnover rates rise.

D.     Timing of Fees

RST is generally paid for its services at the end of the billing period, which is generally monthly
for model and OCIO services, or quarterly for Promoter services. Partial period fees and
termination provisions are specified in each respective agreement, which may vary from one client
to another.

E. Outside Compensation For the Sale of Securities

Neither RST nor its employees accept any compensation for the sale of investment products,
including asset-based sales charges or service fees from the sale of mutual funds. As Sub-Adviser
to MOOD, RST is deemed to be a sponsor of MOOD. In this capacity, RST has entered into a
separate agreement with MOOD’s platform adviser to bear the costs and fees of launching MOOD
on RST’s behalf. In return for bearing the fees and expenses of MOOD, RST, as fund sponsor, is
entitled to the profits of MOOD, if any, after all expenses of MOOD are paid.

Please see Item 12 of this Brochure for additional information about brokerage-related expenses.

ITEM 7: TYPES OF CLIENTS
As a non-discretionary Sub-Adviser to a publicly traded Fund, RST serves a single client, namely,
the investment adviser to MOOD. This client is an SEC registered investment adviser and
authorized by the board of trustees of MOOD to delegate certain portfolio management duties to
RST. Minimum investment amounts are specified in MOOD’s prospectus.

As noted above, RST provides OCIO, model portfolio, and Promoter services to registered
investment advisers and other investors such as family offices. The Firm may also offer model
portfolio services to high-net-worth clients. RST imposes no asset or fee minimums for its model
portfolio services, although the underlying registered advisers may impost asset or fee minimums
for their clients to participate in such arrangements.