Atlas Capital Team Inc

Item 5 - Fees and Compensation

Atlas’s fees vary depending on the type of services provided and strategy, as well as other factors as
determined by Atlas. Generally, for services provided under the applicable investment advisory
agreement with each ETF, the Adviser is paid a fee based upon a percentage of that ETF’s daily net
assets (i.e., a “Management Fee”). The Management Fee is expected to range from 0.75% to 1.25%
of the annual daily net assets of an ETF. The Management Fee with respect to an ETF may vary due to
factors such as, for example, the applicable investment strategy or benchmark, the size of the ETF, and
the ETF’s servicing or reporting requirements.

Expenses incurred in connection with executing an investment, including, but not limited to due
diligence costs and broker fees, will be allocated among the participating clients on a pro-rata basis
based on the respective investment proportion.

Please refer to the applicable prospectus for further information regarding ETF fees and expenses,
including acquired fund fees and expenses and fund operating expenses. Please also see Item 12 herein
for a description of the Firm’s brokerage practices.

Item 7 - Types of Clients

As discussed above in Item 4, “Advisory Business,” the Adviser offers investment advisory services
to various types of clients, including registered investment companies (“RICs”) that are exchange
traded funds or ETFs.

The shares of each ETF are listed on a national securities exchange, such as the NYSE Arca, Inc.,
NASDAQ, or Cboe BZX Exchange, Inc., and such shares trade at market prices. Currently, Atlas
advises the Atlas America ETF, a series of the 2023 ETF Series Trust, which is an open-end
management investment company registered as an investment company under the Investment Company
Act. The shares of each ETF are registered under the Securities Act of 1933, as amended.