Ten Peaks Partners LLC

Item 5: Fees and Compensation

TPP’s fees are set forth below.

Pension Consulting Services Fees

The annual rate for pension consulting services is 0.50% of the plan assets for which TPP is
providing such consulting services. Fees are based on scope of the engagement and range from
0.20% to 0.80% but most common fees are 0.50%. The fees are negotiable and the final fee schedule
will be attached as Exhibit II of the client contract.

Pension Consulting fees are paid quarterly in advance and are withdrawn directly from the
client’s accounts with client’s written authorization.

Clients may terminate the agreement without penalty, for full refund of TPP’s fees, within five
business days of signing the client contract. Thereafter, clients may terminate the contract with
sixty days’ written notice.

Upon termination, for all asset-based fees paid in advance, the fee refunded will be the balance
of the fees collected in advance minus the daily rate* times the number of days in the billing
period up to and including the day of termination. (*The daily rate is calculated by dividing the
annual asset-based fee by 365.) Refunds will be returned within fourteen days to the client via
return deposit back into the client’s account.

Clients are responsible for the payment of all third party fees (i.e. custodian fees, brokerage fees,
mutual fund fees, transaction fees, etc.). Those fees are separate and distinct from the fees and
expenses charged by TPP. Please see Item 12 of this brochure regarding broker/custodian.

Financial Planning Fees

Hourly Fees

The hourly fee for financial planning services is $250 per hour. The fees are negotiable and the
final fee schedule will be attached as Exhibit II of the client contract.

Hourly Financial Planning fees are paid via check or wire. These fees are charged in arrears upon
completion.

Clients may terminate the agreement without penalty, for full refund of TPP’s fees, within five
business days of signing the client contract. Thereafter, clients may terminate the client contract
with upon written notice. Upon termination, for hourly fees that are collected in advance, the fee
refunded will be the balance of the fees collected in advance minus the hourly rate times the
number of hours of work that has been completed up to and including the day of termination.
Refunds for fees paid in advance will be returned within fourteen days to the client via check.

Neither TPP nor its supervised persons accept any compensation for the sale of securities or other
investment products, including asset-based sales charges or service fees from the sale of mutual
funds.

Item 7: Types of Clients

TPP offers advisory services to Pension and profit sharing Plans, Individuals, and High Net
Worth Individuals. There is no account minimum.