Segal Advisors Inc

Item 5.

Research Conference: The Firm coordinates and presents an educational research conference
for investment managers. The conference features timely and important discussions about the
state of the global economy and investment markets as well as areas of focus for the firm’s
Research department. Participating investment managers pay a flat fee of $20,000 for one
attendee and $25,000 for two attendees. The participation fee is used to defray the Firm’s costs
to host and coordinate the conference. The Firm takes care to ensure that it remains
independent and unbiased in its research and manager ranking, recommendation and selection
process. Managers have always, and will continue to be, selected for client searches via the
rigorous research process without any regard as to whether they participate in the conference.

Item 7 — Types of Clients
The Firm provides services to primarily: (i) qualified employee benefit plans that are subject to
ERISA, including multi-employer and single-employer plans; (ii) non-qualified employee benefit
plans, including deferred compensation plans and other supplemental benefit funds; (iii) strike
funds; (iv) governmental plans; (v) charitable and other tax-exempt organizations; (vi)
commingled index funds; and (vii) corporate clients.