Trinity Investment Management LLC

Item 5 - Fees and Compensation
Fees will be computed, billed, and made payable quarterly in advance, based upon end of quarter balance of
the preceding quarter. Trinity charges an annual management fee based on the client’s needs. The fees are
negotiable.

All assets in any form are considered in the computation of fees for assets under management. Money
invested in cash balances, money market assets, client-directed assets or notes will be included.

In computing the combined market value of a client’s account, each security listed on any national securities
exchange shall be valued at the last quoted sale price on the valuation date of the principal exchange on
which such security is traded. Any other security or asset shall be valued in a manner determined in good faith
by Trinity to reflect its fair market value.

Trinity’s comprehensive advisory fees for each separately managed account client are currently calculated at
the following annual rates:

      •   0.5% - 1.5% on all full discretion mandates
      •   0.20 – 0.30% for custom index strategies

    Trinity also may offer other fee arrangements subject to negotiation at Trinity’s discretion on a case by case
    basis.

Trinity may offer lower fees than stated above based on factors including amount of AUM and complexity.
other fee arrangements subject to negotiation at Trinity’s discretion on a case by case basis.

All fees are subject to adjustment with a thirty day prior notification being sent to clients. Trinity charges no
other fees, such as acceptance or termination fees. The fee schedules shown above are Trinity’s current fee

schedules for new accounts. Fees may be negotiable for accounts of substantial size or efficiency.

Advisory fees are withdrawn directly from the client’s accounts with client’s written authorization or may be
invoiced and billed directly to the client; clients may select the method in which they are billed. Fees are paid
quarterly in advance.

In addition to the advisory fees described above, clients may also incur charges resulting from
brokerage/trading related costs, custodian fees, platform fees, transfer taxes, exchange fees, regulatory fees,
alternative investment fees, electronic fund and wire transfer fees, or any other charges imposed by law or
otherwise agreed to with regard to client accounts. Trinity’s fees are in addition to brokerage commissions,
transaction fees, custodial fees, platform fees, wire transfer fees, income taxes, and any other costs or
expenses incurred by the client for other professional services. However, Trinity does not receive these
commissions, fees, or costs.

Open-end and closed-end mutual funds and exchange traded funds also charge internal management fees,
fund expenses, and distribution fees, which are disclosed in a fund’s prospectus. Many mutual funds offer a
variety of share classes, including some that do not charge 12b-1 fees and are, accordingly, less expensive
for eligible investors. Investment adviser representatives generally will not recommend, purchase or hold
more expensive share classes when less costly share classes are available for the client. The fees paid to
Trinity for investment management services are separate and distinct from the fees and expenses charged
by mutual funds and ETFs. Accordingly, clients should review both the fees charged by the funds and the fees
charged by Trinity to fully understand the total amount of fees to be paid. For more information, see Item 12
regarding Brokerage Practices.

An advisory contract may be terminated by a client or by Trinity at any time upon written notice being
delivered to the other party. In the event of termination by either party, Trinity will reimburse to the client
any unearned advisory fees within thirty days following the date of termination.

Trinity does not accept any compensation for investment management services other than advisory fees.

Client Responsibility For Third Party Fees

Clients utilizing Trinity’s portfolio management could pay additional details for third party managers
operating under a dual contract with Trinity and the client. Those fees are separate and distinct from the fees
and expenses charged by Trinity. Please see Item 12 of this brochure regarding broker/custodian.

Item 7 - Types of Clients
Trinity may provide investment management services to individuals, high net worth individuals, registered

mutual funds, trusts, estates, charitable organizations, pension plans and corporations or business entities not
set forth above. The minimum amount required to open an account is at the discretion of Trinity.