Sawyer & Co Inc

Item 5 – Fees and Compensation:

In written agreement by the client, Sawyer’s advisory fees are charged in advance on a
quarterly basis. The fees are calculated on the market value of the assets at the close of
the preceding quarter, with the current fee schedule as follows:

0.2375% (0.95% per annum) of the first $2.5 million of assets under management;
0.1875% (0.75% per annum) of the next $2.5 million of assets under management;
0.15% (0.60% per annum) of the next $2.0 million of assets under management;
0.125% (0.50% per annum) of all assets in excess of $7.0 million.

The advisory fee may be paid directly by the client, or the fee may be deducted, with the
client’s consent, from the client’s portfolio.

The advisory fee paid to Sawyer is charged in addition to other charges that clients can
incur, including brokerage commissions, annual account maintenance fees, transaction
fees, and other charges that can be imposed by third parties, such as wire transfer and
electronic fund fees and other fees and taxes on securities transactions.

Fees are negotiable under unusual circumstances.

Assets in clients’ portfolios may, from time to time, be invested in so-called “no-load”
mutual funds. While Sawyer may charge the client an advisory fee based upon Sawyer’s
regular advisory fee schedule, for services in which we hold so-called “no-load” mutual
funds in client accounts, the client will be made aware that the client is to pay two
management fees: one to Sawyer and one to the mutual funds’ advisers.

Investment advisory agreements will continue until terminated by written notice either by
the client or by Sawyer. Sawyer will promptly refund any prepaid unearned fees when an
agreement is terminated. The refund will be calculated on a pro rata basis, with the
quarterly fee multiplied by the ratio of remaining days in the quarter to the total number
of days in the quarter.

Item 7 – Types of Clients:

Sawyer generally provides investment advice to high net worth individuals, individuals,
pension and profit sharing plans, trusts, estates, and corporations. Sawyer does not
require a minimum dollar value of assets under management.