Requisite Capital Management LLC

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
Wealth Management Services
For Clients engaged for comprehensive wealth management services, the Client will be charged a single
combined fee for investment management and financial planning services based on the market value of
assets under management.

                                         Requisite Capital Management, LLC
                                     4001 Maple Avenue, Suite 290, Dallas, TX 75219
                                       Phone: (469) 373-3399 * Fax: (214) 295-8253

                                                 www.requisitecm.com

Disclosure Brochure Requisite Capital Management, LLC

Investment advisory fees are prorated and paid quarterly, in advance of each calendar quarter, pursuant to
the terms of the agreement. Investment advisory fees are based on the market value of assets under
management at the end of the prior calendar quarter. Investment advisory fees are prorated for any
deposits and withdrawals throughout the quarter and reflected in the next quarter’s fee. Investment advisory
fees generally range from 0.35% to 1.00%, or an agreed upon fixed fee, annually based on several factors,
including: the complexity of the services to be provided, wealth planning services, reporting needs, the level
of assets to be managed, and the overall relationship with the Advisor. Relationships with multiple
objectives, specific reporting requirements, portfolio restrictions and other complexities may be charged a
higher fee. Clients that elect to be charged a fixed annual fee for the Advisor’s wealth management services;
fees will not exceed the above disclosed rate.

The investment advisory 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 are 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 Requisite Capital will be independently valued by the Custodian.
Requisite Capital will conduct periodic reviews of the Custodian’s valuations. The Advisor will conduct
periodic reviews of the Custodian’s valuation to ensure accurate billing.

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 will be incurred by the Client.
However, the Advisor shall not receive any portion of these commissions, fees, and costs.

Use of Independent Managers
For Clients referred by the Advisor to an Independent Manager, the Client’s fee may be separately billed or
deducted from the Client’s account[s] by the Independent Manager.

Financial Planning Services
Requisite Capital offers financial planning services for a fixed fee ranging from $2,500 to $25,000. Fees may
be negotiable based on the nature and complexity of the services to be provided and the overall
relationship with the Advisor. An estimate for total costs will be determined prior to establishing the advisory
relationship.

B. Fee Billing
Wealth Management Services
Investment advisory fees are calculated by the Advisor or its delegate and deducted from the Client’s
account[s] at the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the
fees to be deducted from the Client’s account[s] at the beginning of the respective quarter. The amount due
is calculated by applying the quarterly rate (# of days in the quarter divided by 365) to the total assets under
management with Requisite Capital at the end of the prior quarter. Requisite will then calculate the average
daily balance during the respective billing period, taking into account assets that are deposited into or
withdrawn from an account[s]. The investment advisory fee is then adjusted at the end of the quarter to
reflect the actual average daily balance during the billing period. Clients will be provided with a statement,
at least quarterly, from the Custodian reflecting deduction of the investment advisory fee. It is the
responsibility of the Client to verify the accuracy of these fees as listed on the Custodian’s brokerage
statement as the Custodian does not assume this responsibility. Clients provide written authorization
permitting advisory fees to be deducted by Requisite Capital directly from their account[s] held by the
Custodian as part of the investment advisory agreement and separate account forms provided by the
Custodian.

Use of Independent Managers
For Clients referred by the Advisor to an Independent Manager, the Client’s fee may be separately billed or
                                        Requisite Capital Management, LLC
                                    4001 Maple Avenue, Suite 290, Dallas, TX 75219
                                      Phone: (469) 373-3399 * Fax: (214) 295-8253

                                                www.requisitecm.com

Disclosure Brochure Requisite Capital Management, LLC

deducted from the Client’s account[s] with the respective manager and a portion of the investment advisory
fee may be provided to Requisite Capital.

Financial Planning Services
Financial planning fees may be invoiced up to twenty-five percent (25%) of the expected total fee upon
execution of the financial planning agreement. The balance shall be invoiced upon completion of the
agreed upon deliverable[s].

Retitling Services – Requisite Capital charges $200 for each instance of retitling, due upon completion of
service. Clients may opt to have fees deducted from the Client’s account[s].

C. Other Fees and Expenses
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Item 7 – Types of Clients

Requisite Capital offers investment advisory services to individuals, high net worth individuals, trusts,
estates, pooled investment vehicles and charitable organizations. The amount of each type of Client is
available on Requisite Capital’s Form ADV Part 1A. These amounts may change over time and are updated at
least annually by the Advisor. Typically, Requisite Capital requires either a minimum relationship size of
$5,000,000 or a minimum investment advisory fee of $35,000. The minimum relationship size or fee may be
waived at the sole discretion of the Advisor.