Ashton Thomas Private Wealth LLC

Item 5           Fees and Compensation

         The client can engage Ashton Thomas to provide discretionary and/or non-discretionary investment
         advisory services on a wrap or non-wrap fee basis. Ashton Thomas’ annual investment advisory
         fee shall include investment advisory services, and, to the extent specifically requested by the
         client, financial planning and consulting services. In the event that the client requires
         extraordinary planning and/or consultation services (to be determined in the sole discretion of
         Ashton Thomas), Ashton Thomas may determine to charge for such additional services, the dollar
         amount of which shall be set forth in a separate written notice to the client.

         Use of Subadviser and Fee Allocation. For certain client accounts, Ashton Thomas
         engages Altrium Capital Management, LLC to provide discretionary management of the

fixed income portion of the portfolio. Clients are charged a single advisory fee by Ashton
Thomas Private Wealth, LLC as described in the fee schedule above. Clients do not pay a
separate fee to Altrium. However, Ashton Thomas shares a portion of the advisory fee with
Altrium for its subadvisory services. Typically, the advisory fee is allocated as follows:

    •   Approximately 50% retained by Ashton Thomas for overall portfolio management,
        financial planning, client service, and oversight of the relationship
    •   Approximately 50% paid to Altrium for discretionary management of the fixed
        income allocation

This fee sharing arrangement does not increase the total advisory fee paid by the client.

                                     AMPLIFY PLATFORM
Ashton Thomas charges a “Platform Fee” based upon the services selected and the amount of assets
placed on the Amplify Platform. Ashton Thomas retains a portion of the Platform Fee as
compensation for providing and administering the Amplify Platform and maintaining the
relationships with the third-party vendors and managers available to Platform Members.

The Platform Fee may or may not include custodial transaction charges depending on if the Program
Manager selected on the Amplify Platform provides its services on a Wrap Fee basis or not.
However, the Platform Fee does not cover any margin interest, national securities exchange fees,
charges for transactions not executed through the custodian (“tradeaway fees”), costs associated
with exchanging currencies, fees and expenses charged by mutual funds or any investment company
in which the assets may be invested. You should also understand that markups, markdowns and
spreads charged by a dealer unaffiliated with the custodian may be included in the price of certain
transactions executed on your behalf.

To the extent that an adviser engages an independent manager on a sub-advisory basis, a portion of
the Platform Fee shall be paid to the independent manager as compensation for the management of
the underlying client’s assets designated for their management. The Platform Fee can range from
0.00% to 1.50%, annually, and may differ from client to client and shall vary based upon the
independent manager selected from the Amplify Platform based upon various subjective and
objective factors.

Please note: As discussed above, Ashton Thomas’ investment adviser representatives are required
to utilize the back-office support services available through the Amplify Platform. Therefore,
Ashton Thomas clients will incur Platform Fees in addition to the fee associated with the advisory
services provided to the client, unless the investment adviser representative chooses to absorb the
entire Platform Fee. Any such Platform Fee shall be clearly disclosed in the client’s agreement.

Clients who participate in the Amplify Platform program shall pay advisory fees to the independent
managers who manage the underlying client assets on a sub-advisory basis. Fees paid to the
independent managers are in addition to the platform and administrative fees charged by Ashton
Thomas and the advisory fee charged by your investment adviser as a Platform Member.
Independent Manager fees are billed and collected in the same manner as the Ashton Thomas
platform fee. Additional information regarding fee sharing and the fees charged by the independent
manager is available at https://app.amplifyplatform.com/_f/e41cmp7h/programmanagers. Ashton
Thomas will retain all or part of the independent manager fee.

In addition, some independent managers on our platform may allocate underlying client assets to
certain affiliated exchange-traded funds or mutual funds when developing their investment models.
These managers share a portion of the fees they collect from mutual funds they manage with us to

reduce the cost of maintaining access to their strategy on the Amplify platform.

Certain independent manager portfolio providers participating in the Ashton Thomas Amplify
program may not charge management fees or may reduce such fees because they utilize their
proprietary mutual funds and/or ETFs and receive fees from these proprietary funds. The pricing
terms are routinely re-negotiated with individual sub-managers and or model providers, whereby
Ashton Thomas, sub-manager, or model provider may receive a greater or lesser percentage of the
Platform Fee than the current percentage at the time client (or their investment adviser) selected a
particular investment strategy. In general, this reapportionment does not increase the Platform Fee
that the underlying client pays. In the rarer case where the Platform Fee negotiations result in a need
to increase the Platform Fee, the underlying client and/or client’s Advisor/Platform Member (if
such Advisor has investment discretion to act on behalf of the Client) would be notified in advance
of any increase in Platform Fees, with full opportunity to select another strategy in the Amplify
Program or otherwise change Client’s account.
...

Item 7           Types of Clients

         Ashton Thomas’ clients shall generally include individuals, business entities, trusts, estates, pension
         and profit-sharing plans, and charitable organizations.