Stamos Capital Partners LP

5. Item 5 – Fees and Compensation
    A. FEES AND COMPENSATION

SCP Funds
The Governing Documents or investment advisory agreement of each SCP Fund set forth the
manner in which Stamos Capital is compensated for its advisory services.
Management fees are generally non-negotiable, although Stamos Capital has the discretion to
waive, alter or reduce any fees or allocations owed by an investor for its advisory services. As a
general matter, substantially all of the investors in the SCP Funds are “qualified purchasers”
under the Investment Company Act of 1940, as amended (the “1940 Act”), and satisfy the criteria
set forth in Section 205(a) relating to performance compensation paid to investment advisers. Any
performance fee or allocation paid to the Firm will be in accordance with Section 205(a) of the
Investment Advisers Act of 1940, as amended (the “Advisers Act”). Investors that invest in an
SCP Fund that, in turn, invests in another SCP Fund are charged a management fee and a
performance fee by one SCP Fund only.
Stamos Capital generally charges investors a management fee computed at an annual rate of up
to 2% of assets under management, paid either at the beginning of each month or each quarter,
as described in the Governing Documents or investment advisory agreement of each SCP Fund.
Performance fees, where applicable, generally range from 5% to 20%, but may be 30% or more,
of net profits, as described in the relevant Governing Documents or investment advisory
agreement of each SCP Fund. Generally, if earned, the Firm or an affiliate of the Firm collects
performance-based fees, or is allocated a performance-based allocation, at the end of each fiscal
year.
Investors in an SCP Fund bear their respective pro rata portion of management fees and
performance fees or allocations payable by the SCP Fund to Stamos Capital and its affiliates.
Investors also bear the management fees and performance fees charged by the Underlying
Portfolio Funds in which the SCP Fund invests.
Different performance compensation arrangements create an incentive for Stamos Capital to
direct the best investment ideas to, or to allocate or sequence trades in favor of, (i) Client accounts
with performance compensation arrangements over accounts that are not charged, or from which
the Firm will not receive performance compensation (e.g., because the account is below its high
water mark), and (ii) Client accounts from which the Firm will receive a greater performance
compensation over Client accounts from which the Firm will receive lesser performance
compensation. Stamos Capital addresses this conflict of interest by applying its policies and

Stamos Capital Partners, L.P.                                                      Form ADV Part 2A
                                                                                     March 24, 2026

procedures on the allocation of investment opportunities, which are further detailed in response
to Item 11.C below.
Other Clients
Stamos Capital separately negotiates the terms, including management and performance fees, for
advisory services provided to Other Clients, and describes such terms in the Other Client’s
governing investment advisory agreement. The Firm will reduce any such fees payable by Other
Clients to offset management fees they are subject to due to their investment in an SCP Fund.
Due to such offsets, under certain circumstances Other Clients have paid, and are expected in the
future to pay, a lower effective fee rate in connection with their investment in the SCP Funds than
other investors in the SCP Funds. Stamos Capital has provided, and may in the future decide to
provide, certain services to Other Clients, as described above, for no additional fees (beyond what
such Other Clients pay in connection with their investments in SCP Funds, to the extent that the
Other Clients have such investments).

    B. PAYMENT OF FEES

SCP Funds
The SCP Funds generally deduct management fees from an investor’s capital account either
monthly or quarterly in advance, and at fiscal year-end for any applicable performance fees. The
SCP Fund investors who choose to withdraw at a point in time that does not coincide with an
ordinary billing period, such as quarter-end or year-end, will be allocated their share of any
applicable fees, including performance fees, associated with the time period during which they
were invested.
Other Clients
Other Clients receive invoices in accordance with the billing periods defined in their respective
investment advisory agreement. Fees assessed pursuant to advisory agreements with certain
Other Clients are paid in arrears; however, to the extent that an Other Client invests in an SCP
Fund, such Other Client’s portion of fees charged to such SCP Funds is deducted from such Other
Client’s capital account at the SCP Fund Level.

    C. ADDITIONAL FEES AND EXPENSES

This section contains information relating to expenses borne by Clients. The information
contained herein is a high-level overview, and the specific expenses borne by each client
(including each SCP Fund) are detailed in the applicable Clients’ governing documents.
Each SCP Fund bears expenses related to its operations, including without limitation, investment-
related expenses, such as management and administrative fees charged by the Underlying
Portfolio Funds, performance-based fees paid to the Underlying Managers, expenses related to
the due diligence, purchase, monitoring, restructuring, financing or sale of securities, expenses
related to the purchase and sale of illiquid securities, fees and expenses relating to proxy

Stamos Capital Partners, L.P.                                                       Form ADV Part 2A
                                                                                      March 24, 2026

solicitations, including fees paid for proxy advisory services, broker-dealer expenses, custodial
...

7. Item 7 – Types of Clients
Stamos Capital’s Clients consist of the SCP Funds and the Other Clients. The minimum initial
SCP Fund subscription generally ranges from $250,000 to $1 million. Such minimums vary by
SCP Fund, and Stamos Capital may require larger subscription contributions or accept smaller
subscription contributions. There is no designated minimum account size for Other Clients.