Basepoint Wealth LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client shall sign one or more agreements that detail the responsibilities of Basepoint and the
Client.

A. Fees for Advisory Services
Investment Advisory Services

                                                             Annual Management Fee (on all assets
                            AUM (Household)
                                                                        managed)
                               $0 - $249,999                                   1.50%

                            $250,000 - $499,999                                1.35%

                            $500,000 - $999,999                                1.25%

                          $1,000,000 - $2,999,999                              1.10%

                          $3,000,000 - $4,999,999                              0.95%

                          $5,000,000 - $9,999,999                              0.85%

                               $10,000,000 +                                   0.75%

Investment advisory fees are paid monthly, at the end of each month, pursuant to the terms of the investment
advisory agreement. Investment advisory fees are based on the average closing market value of assets under
management in the account[s] for the day. Investment advisory fees range from 0.25% to 1.50% annually
depending on the level of assets to be managed, the investment strategy[ies] to be employed and/or the
complexity of services to be provided.

The investment advisory fee in the first month of service is prorated from the inception date of the account[s] to
the end of the first month. Fees may be negotiable at the sole discretion of the Advisor. Certain Clients may have
a fee schedule that differs from above. The Client’s fees will take into consideration the aggregate assets under
management with Advisor. Investment advisory fees may include financial planning and consulting services,
pursuant to the terms of the agreement[s] with the Advisor. All securities held in accounts managed by Basepoint
will be independently valued by the Custodian. Basepoint will not have the authority or responsibility to value
portfolio securities.

                                                  Basepoint Wealth, LLC
                                       4144 Golf Street NE, Cedar Rapids, IA 52402
                                                    Phone: (319) 826-1898
                                                      Fax: (319) 826-1471
                                                  http://BasepointWealth.com

Performance-Based Portfolio Management Fees

                                        Annual Management Fee            Annual Performance Fee
                  Total Assets
                                         (on all assets managed)         (on capital appreciation)

                   All Assets                     1.00%                              20%

Performance-Based Portfolio Management Fees are only available to Qualified Clients, as defined by the SEC,
and is an optional replacement for the wrap fee structure (reference Appendix 1). In order to participate in this
program, the Client will need to be vetted by the firm to determine Qualified status and if performance fees are
appropriate. The Client will need to agree to the terms of the fees by signing the investment advisory agreement.

Qualified Clients will pay an annual fee of up to 1.00% of assets under management along with 20% of gains
based on capital appreciation. If the portfolio rises in value, then the client will pay 20% on that increase in value,
but if the portfolio drops in value, then the client will not incur a new performance fee until the portfolio reaches
the last highest value, adjusted for withdrawals and deposits, which is generally known as a “high water mark.”
Fees are negotiable.

Financial Planning and Consulting Services
Financial planning and consulting services may be included as part of an overall wealth management
engagement or provided as a stand-alone engagement. For separately billed engagements, financial planning
and consulting services are offered at an hourly rate ranging from $100 to $400 per hour or as a fixed
engagement fee. The Advisor may also offer its services for an annual planning fee. Fees are based on the
experience of the person performing the services, the complexity and duration of the services to be provided. An
estimate for total hours and/or costs will be determined prior to engaging for these services.

B. Fee Billing
Investment Advisory Services
Investment advisory fees will be calculated by the Advisor or its delegate and deducted from the Client’s
account[s] at the Custodian. The Advisor shall send an invoice to the Custodian indicating the amount of the fees
to be deducted from the Client’s account[s] at the respective month-end date. The amount due is calculated by
multiplying the average daily balance (total of each day’s balance for the billing cycle divided by the total number
of days in the billing cycle) by the monthly fee (annual fee divided by 12) in arrears. Clients will be provided with
a statement, at least quarterly, from the Custodian reflecting deduction of the investment advisory fee. Clients
are highly encouraged to check the accuracy of the management fees calculation. Clients provide written
authorization permitting Basepoint to be paid directly from their accounts held by the Custodian as part of the
investment advisory agreement and separate account forms provided by the Custodian.

Payment of Performance-Based Fees
Performance-based fees are withdrawn directly from the client’s accounts with client’s written authorization or
may be invoiced and billed directly to the client and clients may select the method in which they are billed. Fees
are paid annually and in arrears.
...

Item 7 – Types of Clients

Basepoint offers investment advisory services to high-net-worth individuals, families, trusts, estates, businesses,
and pension plans. The relative percentage of each type of Client is available on Basepoint’s Form ADV Part 1.
These percentages will change over time. Basepoint does not impose a size for establishing a relationship but
does tailor its services to high-net-worth Clients. For an asset-based fee, Basepoint may contract directly with
third party broker-dealers to provide advisory consulting services to their clients.

                                                Basepoint Wealth, LLC
                                      4144 Golf Street NE, Cedar Rapids, IA 52402
                                                 Phone: (319) 826-1898
                                                   Fax: (319) 826-1471
                                               http://BasepointWealth.com