Aprio Wealth Management LLC

Item 5 - Fees and Compensation

Investment Management Services Fees

Clients pay Aprio WM a fee (“Management Fee”) based on the value of the assets in their account, up
to 1.2%. Management Fees are billed either monthly in arrears based on an average daily account
balance or quarterly in arrears based on the value of the assets under management on the last day of
the prior reporting period. Aprio WM intends to charge fees in accordance with the standard fee
schedule in place at the time of executing the Client’s management agreement. Fees are subject to
negotiation and may vary from the standard schedules to reflect circumstances. The fee schedule,
and any applicable terms and conditions, is stated in the Client’s Aprio WM Client Agreement.

Accounts may be subject to a minimum fee of $2,500. The minimum fee will be disclosed to the client
on the client agreement.

The Management Fee covers only the portfolio management and advisory services provided by Aprio
WM and does not include brokerage commissions, transaction fees, mark-up and mark-downs,
exchange fees, dealer spreads or other costs associated with the purchase and sale of securities,
custodian fees, transfer fees, wire fees, interest, taxes, or other account expenses. All fees paid to
Aprio WM for investment advisory services are separate and distinct from the fees and expenses
charges by mutual funds or in conjunction with internal expenses associated with exchange-traded
funds. The client will be solely responsible, directly or indirectly, for these additional expenses. Refer
to Item 12 for a detailed discussion of brokerage practices.

The Management Fee, unless otherwise negotiated, is deducted directly from the Client’s account.
The Client authorizes Aprio WM to debit the Management Fee from the Client’s account. By the Client
authorizing Aprio WM to debit the fees, Aprio WM is deemed to have custody of the Client’s funds.

Clients will receive a statement, usually monthly but no less than quarterly, directly from their account
custodian. Aprio WM urges Clients to review the information on the statement for accuracy and
compare the information to any reports received directly from Aprio WM. Clients may receive a
statement reflecting the calculation of their fee by request from Aprio WM. If insufficient cash is
available to pay such fees, securities will be liquidated to pay for the unpaid balance. In the event of
termination of the Management Agreement, our Management Fee will be prorated through the date of
termination.

In addition to our Management Fee, you may also incur certain charges imposed by unaffiliated third
parties. Such charges include, but are not limited to, custodial fees, ticket charges, transaction fees,
charges imposed directly by a mutual fund, index fund, or exchange traded fund purchased for the
Account which shall be disclosed in the fund’s prospectus (e.g., fund management fees and other fund
expenses), certain deferred sales charges, odd-lot differentials, transfer taxes, wire transfer and
electronic fund fees.

Clients utilizing sub-advised investment strategies, including options-based portfolio solutions, will
incur additional fees associated with the sub-adviser. These fees are separate from, and in addition
to, the advisory fees charged by Aprio WM, and are calculated based on assets under management.
Such fees are generally deducted from the Client’s account alongside Aprio WM’s advisory fee. Aprio
WM does not receive any portion of, or derive any economic benefit from, the sub-adviser’s fee.

If a client authorizes the use of margin, the market value of the client’s account may be increased by
the amount of borrowed funds. Because Aprio WM’s advisory fee is generally calculated based on the
gross market value of assets in the account, the use of margin will result in a higher advisory fee than
would be charged without use of the margin. Accordingly, Aprio WM has a financial incentive for clients
to use margin, which creates a potential conflict of interest. Clients should consider this when
determining whether to authorize the use of margin in their accounts.

Aprio WM may also receive asset-based management fees for Clients that place assets in certain
private investments.

Reporting Services Fees

A Client may request additional accounts be included in the Aprio WM portfolio for reporting purposes.
Fees for the Reporting Services are charged at a flat rate of .25%, of the market value of the assets
that are included. Fees are billed monthly in arrears based on an average daily account balance. The
payment of these fees will be debited from an authorized Client account with Aprio WM.

Plan Advisory Fees

Our fees for plan sponsor services for trustee directed qualified plans (the “Management Fees”) are
based on the value of the assets in their account. Management Fees are billed monthly in arrears
based on an average daily account balance. Aprio WM intends to charge fees in accordance with the
standard fee schedule in place at the time of executing the Client’s management agreement, fees are
subject to negotiation and may vary from the standard schedules to reflect circumstances. The fee
schedule, and any applicable terms and conditions, are stated in the Client’s Aprio WM Client
Agreement.

                                         General Fee Schedule
                         Portfolio Value                      Annualized Management Fee
                     Assets $0 - $250,000                               $2,500 1
                Assets $250,001 to $2,499,999                             1%
                Assets $2,500,000 to $4,999,999                          .75%
                Assets $5,000,000 to $9,999,999                          .50%
                       Assets > $10 million                           Negotiated

The annual rate for advisory services for participant directed plans is determined based on the
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Item 7 - Types of Clients

Aprio WM offers discretionary and non-discretionary investment advisory services to high-net-worth
individuals, individuals, qualified plans, trusts, estates, charitable organizations, corporations, and other
business entities.

Aprio WM generally requires a minimum investment of $250,000 to open and maintain an advisory
relationship. Aprio WM reserves the right to waive the minimum requirement. We may also allow
accounts of members of the same household to be aggregated for purposes of meeting the minimum
requirement. We may also allow such aggregation, for example, where we service accounts on behalf
of minor children of current Clients, individual and joint accounts for a spouse, and other types of related
accounts.