MARKMAN CAPITAL MANAGEMENT, INC.

PERFORMANCE PRESENTATION
COMPOSITE
ACTIVE TRADING STRATEGY
September 30, 2008 to September 30, 2009
 INDEPENDENT ACCOUNTANT’S REPORT

To the Board of Directors and Stockholders

Markman Capital Management, Inc.
Minneapolis, Minnesota

We have examined the investment return of the accompanying schedule of performance presentation of
Markman Capital Management, Inc.’s (MCMI) Active Trading Strategy composite for the period September
30, 2008 to September 30, 2009. MCMI’s management is responsible for the schedule of performance
presentation. Our responsibility is to express an opinion on the investment return based on our examination.

Our examination was conducted in accordance with attestation standards established by the American
Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence
supporting MCMI’s schedule of performance presentation and performing such other procedures as we
considered necessary in the circumstances. We believe that our examination provides a reasonable basis for
our opinion.

Because we were not engaged to and did not perform an examination of the completeness, valuation and
accuracy of information maintained by the custodian, Schwab Institutional, a division of Charles Schwab &
Co., Inc used by MCMI and, therefore we express no opinion on such matters.

In our opinion, the schedule referred to above presents, in all material respects, the investment return of
MCMI’s Active Trading Strategy composite for the period September 30, 2008 to September 30, 2009.

This report does not relate to any composite presentation of MCMI other than MCMI’s Active Trading
Strategy composite.

Baune Dosen & Co LLP

December 1, 2009
Minneapolis, Minnesota
 MARKMAN CAPITAL MANAGEMENT, INC.
ACTIVE TRADING STRATEGY COMPOSITE
SCHEDULE OF PERFORMANCE PRESENTATION
FOR THE PERIOD SEPTEMBER 30, 2008 TO SEPTEMBER 30, 2009
Dollar-Weighted Internal Rate of Return Net of Management Fees
Results have been calculated in U.S. Dollars

IRR Net
As of September 30, 2008 As of September 30, 2009 of Fees
No. of Composite No. of Composite For the
Accounts Assets Accounts Assets Period
4 $ 923,516 25 $ 6,072,570 65.1%

Disclosure Statement

Markman Capital Management, Inc. (the “Company”) is a registered investment adviser. Individual results
within the composite return will vary and past performance is not indicative of future results. This
performance report should not be construed as a recommendation to purchase or sell any particular
securities held in composite accounts. Market conditions can vary widely over time and can result in a loss
of portfolio value. Reported results should not be relied upon for tax purposes. Investors should consider
the investment objectives, risks, charges and expenses carefully before investing.

Results of the Active Trading Strategy are based on fully discretionary accounts under management and may
include accounts no longer with the firm. The U.S. Dollar is the currency used to express values and
returns. Returns are presented net of management fees and include the reinvestment of all interest and
dividend income. Net of fee performance was calculated using actual management fees charged during the
period. The Company uses the Modified Dietz formula to calculate and report the internal rate of return
(IRR) on the portfolio. All broker commissions, margin interest, realized and unrealized gains and losses are
included in the calculation of returns. Investment transactions are recorded on a trade-date basis and
initial cost is the value at deposit.

Investment advisory fees incurred by the client may vary and certain accounts are set up to pay the
investment advisory fees outside of the individual trading account included in this composite. Advisory fees
for accounts of employees and family members are negotiable. Review your Statement of Management Fee
invoice, as the custodian does not verify the accuracy of the calculation.

The Active Trading Strategy composite account assets are held at Schwab Institutional, which is a division
of Charles Schwab & Co., Inc. who provides back office and other services to investment advisors and
retirement plan providers and is not affiliated with the Company. Values are from sources deemed reliable
and are not a guarantee of positions owned or the value.

The Independent Accountant’s Report and the Disclosure Statement are an integral part of the
presentation.

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