Apollon Financial LLC

Item 5 – Fees and Compensation

A. Fee Schedule for Advisory Service

Investment Management Services

Apollon Financial charges an annual advisory fee based upon the assets under management or a flat
dollar fee that is agreed upon with each Client and set forth in an agreement executed by Apollon
Financial and the Client. Assets under management fees range up to 3.0% annually.

Accounts that are invested with Sub-Advisors and in certain investment strategies will be subject to
additional costs, as described below. Additionally, accounts may be subject to an account minimum,
as described in the specific Client’s IMA with Apollon Financial. The account minimum can cause
the total annual effective fee rate to be higher than 3.00%. When an account minimum has been
disclosed and agreed to in the Client’s IMA, the account minimums are typically reviewed quarterly,
based on the anticipated annual fee rate expected to be received by Apollon. If the Client’s assets
under management are below the minimum expected one quarter and subsequently increase in value
throughout the year, the total fee collected could be above the agreed upon fee rate and the
annualized account minimum.

Clients invested in Apollon Financial’s Direct Indexing investment strategy are assessed a 0.10%
fee, which is in addition to the annual advisory fee charged, as described above. As described in
section 5.B below, Advisory fees are deducted from the Client’s custodial account and Clients can
verify the fees by reviewing the account activity in their Custodial statement for management fees
assessed.

Apollon Financial’s advisor fees are negotiable and are based on several factors as described below.
The advisory fee for the initial quarter (or part thereof) is payable on a pro rata basis based on the
initial value of assets deposited into an account managed by Apollon Financial and the number of
calendar days in the partial quarter and is paid in the month following the establishment of the Client
account. For subsequent quarters, the advisory fee is typically payable in advance, based upon the
market value of the assets being managed by Apollon Financial Management on the last day of the
previous billing period. In certain instances, based on the specific investment management program
that a Client invests, the Clients may be billed in arrears rather than advance and/or monthly rather
than quarterly. Apollon Financial charges a pro-rated amount for new assets added during a quarter
and credits any pre-paid fees for account withdrawals during a quarter. Accounts may be subject to
an account minimum, as described in the specific Client’s IMA with Apollon Financial.

Notwithstanding the foregoing, Apollon Financial and the Client may choose to negotiate an annual
advisory fee that varies from the schedule set forth above. Factors upon which a different annual
advisory fee may be based include, but are not limited to, the size and nature of the relationship, the

services rendered, the nature and complexity of the products and investments involved, the amount
of time anticipated to be spent servicing the client, local office precedent based on historical fees
charged to other similar Clients, the amount of assets under management and travel requirements.
The advisory fee charged by Apollon Financial will apply to all the Client’s assets under
management, unless specifically excluded in the Client agreement. The advisory fee may include
financial planning services described above, or the Client may be charged separately for financial
planning services, as agreed to in a separate Financial Based Planning Agreement.

The advisory fee rate agreed upon in the Client Agreement can be modified, under the terms and
conditions of the Agreement.

Clients have five (5) business days from the date of execution of the Client agreement to terminate
Apollon Financial’s services. The investment management agreement between Apollon Financial
and the Client may be terminated at will by either Apollon Financial or the Client upon written
notice. Apollon Financial does not impose termination fees when the Client terminates the
investment advisory relationship, except when agreed upon in advance.

Apollon Financial’s advisory fee does not cover mark-ups or mark-downs for fixed income
transactions. Fixed income transactions usually are cleared net, without any commissions. However,
the broker-dealers executing fixed income transactions typically assess mark-ups or other trading
related costs that are embedded into the price of the security allocated to Client accounts. Apollon
Financial’s fee also does not cover transaction fees or “trade away” fees imposed for trades placed
away from the custodians. External Managers (or Sub-Advisors) of fixed income securities may
trade through other broker-dealers to obtain best execution. Apollon Financial does not receive any
portion of transaction fees charged by broker-dealers.

The advisory fees described herein generally do not include fees charged by Sub-Advisors (also
referred to as “Sub-Manager(s),” or “External Manager(s)”). When a Sub-Advisor is hired to
manage Client assets, the Client is assessed an additional Sub-Advisor fee. The Sub-Advisor fee
typically ranges from 0.05% to 2.25% of the Client’s assets under management and is generally
billed quarterly. Sub-Advisor fees do not typically include the cost of custody, trading, and reporting
fees. The Sub-Advisor fees are paid solely to the Sub-Manager, Apollon Financial does not retain
any portion of the additional Sub-Advisor fee. Sub-Advisory fees are deducted from the Client’s
custodial account and Clients can verify the fees by reviewing the account activity in their Custodial
statement for management fees assessed. Clients will be deemed to have approved the Sub-Advisor
fees, unless they object by sending written notice to Apollon Financial within thirty (30) days from
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Item 7 – Types of Clients

Apollon Financial offers investment advisory services to individuals, high net worth individuals,
families, family offices, trusts, estates, businesses, charitable organizations, retirement plans, and
other investment advisors. The amount of each type of Client is available on Apollon Financial’s
Form ADV Part 1A. These amounts may change over time and are updated at least annually by
Apollon Financial. Apollon Financial requires a minimum relationship size of $250,000 to
effectively implement its investment process. This amount may be waived or reduced at Apollon
Financial’s sole discretion.

Rollover Recommendations

Apollon Financial’s IARs may recommend that certain Clients rollover their retirement plan assets
to an account managed by Apollon Financial. When recommending that a Client transfer their
assets to a different retirement plan (Rollover), Apollon Financial’s IAR conducts an analysis to
assess whether the Rollover is in the Client’s best interest. The recommendation of Rollovers by
Apollon Financial is done in compliance with Department of Labor (DOL) Prohibited Transaction
Exemptions (PTE) 2020-02 and in compliance with ERISA section 408(b)2. As part of its
compliance with of PTE 2020-02 and section 408(b)2, Apollon Financial provides Client’s with
additional disclosures, when applicable, which describe material conflicts of interest, the options
available to the plan participant, and other important considerations.