Rovin Capital LLC

ITEM 5         FEES AND COMPENSATION
A. Description of Fees, Fee Schedule, and Fee Billing Practices

Generally, RC charges a fixed annual fee for its financial planning and advisory services and a
fee based on assets under management for its portfolio management services.

Financial Planning and Advisory Services Fees
The amount of the fixed fee is determined on a case-by-case basis, depending upon various
factors, including among other things, the scope of services to be performed, the relative
complexity of the client situation, the degree of service selected by the client, the supporting
documentation, if any, provided by the client, the value and complexity of the portfolio to be
reviewed, the frequency of the review, and the anticipated use of RC resources, among other
factors.

Fees are billed to clients generally on a monthly basis unless other arrangements are made and
may range between $150 and $2,200 per month. Such fees represent access to analysis,
recommendations, and advice relating to the clients’ specific objectives, and may include
periodic meetings with the client, ongoing monitoring and analysis, strategic planning, and
consulting. As mentioned above, for clients who wish to receive discretionary investment
management services, RC may recommend its own portfolio management services or the
services of a TPIA.

All fees are negotiable in the sole discretion of RC. RC may, from time to time, vary or waive
such fees in its sole discretion. Each client’s fee will be disclosed and agreed upon before RC
renders any financial planning or advisory services and will be detailed in the Client Agreement
entered into between the client and RC. Clients are advised that lower fees for comparable
services may be available from other investment advisers. Following the end of each month,
advisory fees are invoiced by RC to the client for payment.

RC and its clients may mutually agree upon a one-time assignment or project that is outside the
scope of the Client Agreement. Such projects may include but are not limited to, buy/sell
evaluations, executive compensation structure reviews, etc. Generally, RC will charge an hourly
fee for such assignment or project, which will be negotiated with the client at the beginning of
the assignment or project and based on the services to be provided. The total fee for the
assignment or project will be billed to the client by RC upon completion of the work.

Portfolio Management Services Fees
With respect to its portfolio management services, RC is compensated in accordance with the
following fee schedule. One-quarter of the annual fee is charged each calendar quarter in
advance or in arrears per the respective client agreement and based on the market value of the
client’s account at the end of the previous quarter. The initial and, if applicable, final fees billed
to the client are pro-rated based on the actual time under management.

Financial Advisory Corporation
Form ADV Part 2A

Fee Schedule
Investment Type           Annual Fees (Billed quarterly in advance or arrears)
Stocks and Equities               .25% - 2.5%
Mutual Funds and ETFs             .25% - 2.5%
Bonds                             .25% - 2.5%

RC generally requires that clients provide written authorization for RC to directly bill the clients’
account for investment management fees due.

Clients or RC may terminate an individually managed account at any time upon 30 days written
notice to the other party. The pro-rata portion of the monthly fee through the date of termination
will be charged to the client. The client has the right to terminate an agreement without penalty
within five business days after entering into the agreement.

Clients will be provided statements from their selected custodian that reflect all account activity,
including management fee billing, and are responsible for verifying the accuracy of the fees and
charges by the custodian and/or RC. The custodian does not verify the accuracy of RC’s fee
calculations.

All portfolio management fees are negotiable in the sole discretion of RC. RC may, from time to
time, vary or waive such fees in its sole discretion. Each client’s fee will be disclosed and agreed
upon before RC renders any portfolio management services and will be detailed in the Portfolio
Management Agreement entered into between the client and RC. Clients are advised that lower
fees for comparable services may be available from other investment advisers.

Rovin Capital Strategic Debt Fund I, LLC

The Fund generally charges a fee (the “management fee”) as described in the relevant Governing
Documents. Investors should carefully review the Governing Documents of the Fund in
conjunction with this Brochure for complete information about fees and compensation. Similar
advisory services may be available from other investment advisers for similar or lower fees.

Management fees are derived from a combination a portion of the interest the fund receives on
each loan (“manager interest fee”), a fund management fee, a portion of the closing fee (“closing
fees”), and company assistance fees.

B. Other Fees and Expenses

RC reserves the right to charge clients for travel expenses, which will be billed to the client in
accordance with actual expenses incurred. Clients should further understand that the advisory
fees described above do not include certain charges imposed by third parties such as custodial
fees, mutual fund fees and expenses, fees charged by third party managers or program sponsors,
and private fund management fees. Client assets may also be subject to transaction costs,
retirement plan administration fees (if applicable), deferred sales charges on mutual funds
initially deposited in the account, 12b-1 fees, odd-lot differentials, transfer taxes, wire transfer
and electronic fund fees, and other fees and taxes on brokerage accounts and securities
transactions.

Financial Advisory Corporation
Form ADV Part 2A
...

ITEM 7         TYPES OF CLIENTS
RC offers personalized financial planning and investment advisory services to individuals,
qualified retirement plans, trusts, estates, charitable organizations, corporations and other
business entities. RC does not impose a minimum portfolio size or a minimum initial investment
to open an account but does reserve the right to accept or decline a potential client for any reason
in its sole discretion. Prior to engaging RC to provide any of the investment advisory services
described in this Brochure, the client will be required to enter into one or more written
agreements with RC setting forth the terms and conditions under which RC shall render its
services.