Davidson Capital Management Inc

Item 5 - Fees and Compensation
Individually Managed Account & Asset Builder Account

DCM charges investment management fees for investment management services. Investment
management fees under the Individually Managed Account or Asset Builder Account programs are
computed based upon the total market value of assets managed for each client at the close of each
calendar quarter and are payable quarterly in advance. Investment management fees are deducted
directly from each client's account.

Individually Managed Account & Asset Builder Account Fee Schedule

First $1 Million     1.00% of Assets Annually
Next $1 Million      0.90%
Next $2 Million      0.80%
Next $2 Million      0.70%
Thereafter           0.60%

DCM may negotiate management fees in certain circumstances.

Clients that invest in common stocks or exchange traded funds may be charged a commission by the
custodian for the purchase or sale of these securities. Clients that invest in mutual funds should
understand that each mutual fund company charges fees and expenses to manage the client's assets
that are in addition to the investment management fees charged by DCM. In addition, the custodian
of each client's account may charge a transaction fee for the purchase or sale of some, or all the
mutual funds selected by DCM for investment in client account. These transaction fees are beyond
the control of DCM.

Clients may also incur other fees and expenses imposed by custodians, brokers, or other third parties
such as custodial fees, deferred sales charges, account transfer fees, and wire transfer fees. The fees
and expenses charged by each mutual fund company, custodian, broker, or other third party are
beyond the control of DCM.

DCM is not compensated for the selection of any security used for client investment. DCM does not
receive any portion of the fees and expenses charged to any client by the mutual fund company,
custodian, broker, or other third party.

Form ADV Part 2A
March 31, 2026

401(k) Retirement Plan Advisory Services

Investment management fees under the 401(k) Retirement Plan Advisory Services program are
computed based upon the total market value of assets managed for each 401(k) client at the close of
each calendar quarter and are payable quarterly in arrears or advance. Investment management fees
for 401(k) Retirement Plan Advisory Services clients are deducted directly from 401(k) participant
accounts or paid by the 401(k) plan sponsor.

401(k) Retirement Plan Advisory Services Fee Schedule

First $3 Million     0.50% of Assets Annually
Next $2 Million      0.20%
Next $5 Million      0.15%
Next $10 Million     0.10%
Thereafter           Negotiable

Minimum Annual Management Fee $5,000. DCM may negotiate management fees in certain
circumstances.

In addition to DCM’s quarterly management fee, there are annual asset fees paid to the 401(k) plan’s
third party administrator(s) as outlined in their 401(k) program agreement and the management fees
and expenses charged by the individual mutual funds in the 401(k) plan. Both the fees and expenses
charged by the third-party administrator and the mutual fund company are beyond the control of
DCM.

Portfolio Review Fees

DCM performs portfolio reviews for prospective clients typically without charge, however, DCM
reserves the right to charge portfolio review fees for the review of any portfolio(s) that in DCM’s
opinion requires additional work beyond the scope of a typical portfolio review. If DCM determines
that additional portfolio review fees are required to complete a prospective clients’ portfolio review,
DCM may require the payment of portfolio review fees not to exceed the amount the prospective
client would have paid for one calendar quarter of portfolio management fees (In accordance with
the fee schedule in Item 5 of ADV Part 2A) had the prospective clients’ aggregate total portfolio
value being reviewed been under the management of DCM. DCM will require the prospective client
sign a portfolio review contract at the time the portfolio review commences, and the prospective
client will pay one-half of the portfolio review fee at the time of contract signing with the remaining
portfolio review fee due at the time the portfolio review meeting is held, or if a portfolio review
meeting is not held when the portfolio review is delivered to the prospective client. If the prospective
client decides to hire DCM as their investment adviser, the portfolio review fees will be applied as
a credit to any portfolio management fees due as long as a Discretionary Account Agreement is
signed within 30 days of the portfolio review meeting with the client, or if no portfolio review
meeting is held, when the portfolio review is delivered to the prospective client.

Form ADV Part 2A
March 31, 2026

Other Fiduciary Services

DCM may perform other fiduciary services for clients. DCM’s compensation for those other
fiduciary services will be negotiated on a case-by-case basis.

Item 6 – Termination Procedures & Reporting Responsibilities After
Termination
Termination Procedures

DCM Clients That Pay Quarterly in Advance

To terminate DCM’s Discretionary Account Agreement, DCM must be notified either in writing, by
regular mail or email, or verbally by an account holder, or the account holders’ duly authorized
representative that they wish to terminate their Discretionary Account Agreement or notify DCM
that the client intends to transfer their assets to a custodian not recognized by DCM. DCM, may in
its sole discretion, accept the termination notification by one account holder, or the account holder’s
duly authorized representative, to be valid termination of all accounts held at the same household or
business address as the notifying party even if the notifying party is not the account holder. If the
date termination notice is received is a weekend or holiday the termination date will be the end of
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