Thomas Story and Son LLC

Item 5 – Fees and Compensation
Clients shall pay Thomas Story and Son LLC at the beginning of each calendar quarter, a
quarterly advisory fee, calculated at an annual rate of .50%, based on the client's assets
under management at the end of the previous calendar quarter.

With respect to new client relationship being established after the first day of a calendar
quarter, the advisory fee for the period from the date a client opens an account to the end
of such quarter will be prorated according to the proportion that such period bears to the
full quarterly period and shall be due 10 days after the issuance of an invoice. Also, the
asset under management value will be based on the first day all the assets are in the
account. Upon any termination of client's contract before the end of a calendar quarter, the
fee for such part of the calendar quarter that the assets remain under management shall be
prorated according to the proportion that such period bears to the full calendar quarter
period. Thomas Story and Son LLC's fees are not negotiable. Thomas Story and Son LLC
primarily deducts fees from client’s assets, but can bill clients if requested.

Thomas Story and Son LLC’s fees are exclusive of brokerage commissions, transaction fees,
and other related costs and expenses which shall be incurred by the client. Clients may
incur certain charges imposed by custodians, brokers, third party investment and other
third parties such as fees charged by managers, custodial fees, deferred sales charges, odd-
lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and
taxes on brokerage accounts and securities transactions. Mutual funds and exchange traded
funds also charge internal management fees, which are disclosed in a fund’s prospectus.
Such charges, fees and commissions are exclusive of and in addition to Thomas Story and
Son LLC’s fee, and Thomas Story and Son LLC shall not receive any portion of these
commissions, fees, and costs.

Item 7 – Types of Clients
Thomas Story and Son LLC provides portfolio management services primarily to
individuals, high net worth individuals, corporations and trusts. Thomas Story and Son
LLC imposes a $1,000,000.00 minimum dollar value for starting an investment advisory
services account.