0001580642-22-000176 Sample Contracts

CUSTODY AGREEMENT
Custody Agreement • January 7th, 2022 • Dynamic Alternatives Fund • Delaware

THIS AGREEMENT, is made as of October 4, 2021 (the “Agreement”), by and between the Dynamic Alternatives Fund, a business trust organized under the laws of the State of Delaware (the “Company”), and Fifth Third Bank, National Association (the “Custodian”).

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DYNAMIC ALTERNATIVES FUND SUBSCRIPTION AGREEMENT
Subscription Agreement • January 7th, 2022 • Dynamic Alternatives Fund

Hamilton Capital, LLC (the “Purchaser”) hereby subscribes to the number of shares of beneficial interest, no par value (the “Shares”), of Dynamic Alternatives Fund, a Delaware statutory trust (the “Fund”), as follows:

SUBSCRIPTION AGREEMENT AND INVESTOR QUESTIONNAIRE DYNAMIC ALTERNATIVES FUND SUBSCRIPTION INSTRUCTIONS
Subscription Agreement • January 7th, 2022 • Dynamic Alternatives Fund • Ohio

Please read and complete the attached Subscription Agreement. The Subscription Agreement contains certain statements and representations required to be made by each person interested in purchasing shares of beneficial interest (the “Shares”) in the Dynamic Alternatives Fund (the “Fund”), a Delaware statutory trust that is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as a closed-end management investment company. Please complete, date and sign the signature page of the Subscription Agreement.

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