Althum Advisors LLC

Item 5 – Fees and Compensation

ALTHUM charges Clients a fee for advisory services provided (the “Advisory Fee”). The Advisory Fee is
established and defined in the investment advisory agreement executed between ALTHUM and the Client
(the “Advisory Agreement”). Generally, the Advisory Fee is expressed as a percentage of assets under
management (the “AUM”) and typically ranges from 0.35% to 1.00% of total AUM. Alternatively, the fee
can be a fixed amount, based on the Client's current portfolio, and in some specific cases, a minimum
annual Advisory Fee may apply. ALTHUM’s fee schedule is generally as follows:

        Annual Fee                                       Assets Under Management

        Up to 1.0%:                               For AUM lesser than $10 million

        Up to 0.80%:                              For AUM from $10 million up to $15 million

        Up to 0.75%:                              For AUM from $15 million up to $20 million

        Up to 0.70%:                              For AUM from $20 million up to $25 million

        Up to 0.65%:                              For AUM from $25million up to $50 million

        Up to 0.55%:                              For AUM from $50 million up to $100 million

        Up to 0.50%:                              For AUM from $100 million up to $150 million

        Up to 0.45%:                              For AUM from $150 million up to $200 million

        Up to 0.35%:                              For AUM above 200 million

In some instances, Advisory Fees are negotiable based upon the types of assets included in a Client’s
portfolio, the complexity and size of the portfolio, the services to be provided, and other factors including
the nature of the Client’s objectives as articulated in their risk profile.

Generally, Advisory Fees are calculated and billed on a quarterly basis, payable in advance. Some Clients’
fee schedules and billing procedures may differ from the general process described herein, as provided in
such Clients’ Advisory Agreements. Clients can elect to be billed directly for fees or to authorize ALTHUM
to directly debit fees from Client accounts at the custodian. Upon termination of any account, any
unearned fees will be promptly refunded
Aside from fixed and minimum fees, Advisory Fees are based on the value of the Client’s portfolio as
reported by the Client’s custodians, third-party fund managers, and other independent pricing services.
Depending on each specific custodian, Advisory Fees are calculated based on either the portfolio value on
the last day of the previous billing period or based upon the average daily market value of the portfolio
during the billing period The specific methodology is disclosed in the Client Advisory Agreement and
discussed as part of the Client onboarding process.

Clients agree to the terms of their fee calculation methodology in the Client Advisory Agreement
with ALTHUM.

Separate reporting or concierge service fees may be charged, and such fees are determined on a case-by
case basis and are included and prominently disclosed in the Client’s Advisory Agreement.

Clients may also incur certain expenses, such as brokerage commissions and markups, margin interest (if
applicable), currency exchange costs, transfer of asset costs and other transactions costs, imposed by the
transacting broker-dealers (“Brokers”), custodians, third-party investments, and other third-parties.
These other expenses are not included in the Advisory Fee and are borne separately by the Client to the
extent incurred (please refer to the Brokerage Practices section for additional information). ALTHUM may
recommend investing a portion of a Client’s assets in shares of mutual funds or other investment
companies, including exchange traded funds, as well as private funds. Assets invested in these funds bear
other additional fees and expenses, which may include but are not limited to, expenses of organizing the
funds, administration, accounting and tax, audit, legal, and filings and regulatory compliance. When
investing in these types of securities, ALTHUM will recommend that Clients invest in the most cost
effective share class. Clients invested in these funds should refer to the applicable fund’s offering
documents or prospectus for complete information on other fees and expenses.

In addition to fees, Clients may be responsible for certain out-of-pocket expenses for reasonable and
direct costs incurred by ALTHUM on the Client’s behalf, as directed by the Client. These out-of-pocket
expenses include payments made on behalf of a Client for Client expenses such as postage costs, utility
bills, or other miscellaneous third-party expenses. All out-of-pocket expenses are pre-approved by the
Client, in writing, before ALTHUM pays them. ALTHUM provides an invoice for such services, which is due
upon receipt.

Clients should note that similar advisory services can or cannot be available from other registered
investment advisors for similar or lower fees. The size of an account and the nature of the advisory
services provided factor into the fees charged.

Item 7 – Types of Clients

ALTHUM generally provides investment advisory services to Clients who are high net worth individuals,
families, trusts, corporations, or other qualified entities that have a minimum of $5 million of investable
assets. On certain instances, ALTHUM may provide its services to potential clients with less than $5 million
of investable assets. Factors to consider when making this determination is the type of services requested,
the type of investment strategy sought, relationship the potential client may have with ALTHUM and its
affiliates.