Eudaimonia Partners LLC

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by
Eudaimonia. Each Client engaging the Firm for services described herein shall be required to enter into a written
agreement.

A. Fees for Advisory Services

Wealth Management Services
Investment advisory fees are paid quarterly, in advance of each calendar quarter, pursuant to the terms of the
agreement. Investment advisory fees are based on the market value of assets under management at the end of
the prior calendar quarter. Eudaimonia charges a fee of up to 2.00% annually based on several factors, including:
the complexity of the services to be provided, the level of assets to be managed, and the overall relationship with
our Firm. Relationships with multiple objectives, specific reporting requirements, portfolio restrictions and other
complexities may be charged a higher fee. Certain legacy clients may be billed under a different fee structure.
Information regarding your billing arrangement will be detailed within the investment advisory agreement(s)
executed with our Firm.

The investment advisory fee in the first quarter of service is prorated from the inception date of the account(s) to
the end of the first quarter. Fees may be negotiable at the sole discretion of the Firm and its IARs. The Client fee will
take into consideration the aggregate assets under management with Eudaimonia. All securities held in accounts
managed by Eudaimonia will be independently valued by the Custodian

Clients will incur transaction fees charged by the custodian for trades executed in their account(s). Information
regarding custodian transaction cost is outlined in the account’s custodial agreement. These transaction fees are
separate from our Firm’s investment advisory fees and will be disclosed by the Custodian. Clients may also pay
holdings charges imposed by the Custodian for certain investments, charges imposed directly by a mutual fund,
index fund, or exchange-traded fund, which shall be disclosed in the fund’s prospectus (i.e., fund management
fees, initial or deferred sales charges, mutual fund sales loads, 12(b)-1 fees, surrender charges, variable annuity
fees, IRA and qualified retirement plan fees, and other fund expenses), mark-ups and mark-downs, spreads paid
to market makers, fees for trades executed away from custodian, wire transfer fees and other fees and taxes on
brokerage accounts and securities transactions. Eudaimonia does not receive a portion of these fees.

Consulting Services
Eudaimonia offers consulting services either for a fee of up to 2.00% or for a fixed fee. Consulting services fees are
paid quarterly, in advance of each calendar quarter, pursuant to the terms of the agreement. Investment advisory
fees are based on the market value of assets under management at the end of the prior calendar quarter. Fees may
be negotiable based on the nature and complexity of the services to be provided and the overall relationship.

Retirement Plan Advisory Services
Fees for retirement plan advisory services are charged an annual asset-based fee of up to 2.00% and are billed in
advance, pursuant to the terms of the retirement plan advisory agreement. Retirement plan advisory fees are based
on the market value of assets under management at the end of the prior calendar quarter. Fees may be negotiable
depending on the size and complexity of the Plan.

                                                 Eudaimonia Partners, LLC
                                          1791 Bypass Road, Winchester, TN 37398
                                         Phone: (877) 843-1411 * Fax: (931) 962-4783

Use of Independent Managers and EAM
As noted in Item 4, the IAR may implement all or a portion of a client’s investment portfolio utilizing one or more
Independent Managers. Eudaimonia also utilizes its affiliated registered investment advisor, EAM, and will receive
a portion of the platform fee along with the Client’s advisory fees. Independent Managers typically do not offer any
fee discounts but may have a breakpoint schedule which will reduce the fee with an increased level of assets
placed under management with an Independent Manager. The terms of such fee arrangements are included in the
Independent Manager’s disclosure brochure and applicable contract[s] with the Independent Manager.

The Firm use of EAM presents a conflict of interest because clients pay platform fees to EAM for use of the EAM
Models.

B. Fee Billing

Wealth Management Services
Investment advisory fees are calculated by our Firm or its delegate and deducted from the Client’s account(s) at the
Custodian. The Firm shall send a notice to the Custodian indicating the amount of the fees to be deducted from the
Client’s account(s) at the beginning of the respective quarter. The amount due is calculated by applying the
quarterly rate (annual rate divided by 4) to the total assets under management with Eudaimonia at the end of the prior
quarter. Clients will be provided with a statement, at least quarterly, from the Custodian which will reflect the deduction
of the investment advisory fee. It is the responsibility of the Client to verify the accuracy of these fees as listed on the
Custodian’s brokerage statement as the Custodian does not assume this responsibility. Clients provide written
authorization permitting advisory fees to be deducted by Eudaimonia to be paid directly from their account(s) held
by the Custodian as part of the investment advisory agreement and separate account forms provided by the
Custodian.

Consulting Services
Consulting fees are calculated by Eudaimonia or its delegate and deducted from the Client’s account(s)[s] at the
Custodian. Our Firm will send a notice to the Custodian indicating the amount of the fees to be deducted from the
Client’s account(s) at the beginning of the respective quarter. The amount due is calculated by applying the quarterly
...

Item 7 – Types of Clients

Eudaimonia offers investment advisory services to individuals, high net worth individuals, trusts, estates, businesses,
and charitable organizations. The amount of each type of Client is available on Eudaimonia’s Form ADV Part 1A. These
amounts may change over time and are updated at least annually by our Firm. Certain programs such as those available
through our affiliate “EAM” may require a certain account size to effectively implement our investment process. However,
the firm does not require a specific account minimum to establish a relationship. Our engagement will continue until
either party is notified otherwise in writing.

 Retirement Accounts

 As part of our investment advisory services to you, Eudaimonia may recommend you roll assets from your
 employer’s retirement plan, such as a 401(k), 457, or ERISA 403(b) account (collectively, a “Plan Account”), to an
 individual retirement account, such as a SIMPLE IRA (Individual Retirement Accounts), SEP IRA, Traditional IRA,
 or Roth IRA (collectively, an “IRA Account”) our firm will manage on your behalf. We may also recommend rollovers
 from IRA Accounts to Plan Accounts, from Plan Accounts to Plan Accounts, and from IRA Accounts to IRA
 Accounts. When we provide any of the foregoing rollover recommendations we are acting as fiduciaries within the
 meaning of Title I of the Employee Retirement Income Security Act (“ERISA”) and/or the Internal Revenue Code
 (“IRC”), as applicable, which are laws governing retirement accounts.

 If you elect to roll the assets to an IRA subject to our management, Eudaimonia will charge you an asset-based fee
 as set forth in the advisory agreement you executed with our firm. This creates a conflict of interest because it
 creates a financial incentive for our firm to recommend the rollover to you (i.e., receipt of additional fee-based
 compensation). You are under no obligation, contractually or otherwise, to complete the rollover. Moreover, if you
 do complete the rollover, you are under no obligation to have the assets in an IRA managed by our firm. Due to the
 foregoing conflict of interest, when we make rollover recommendations, we operate under a special rule that
 requires us to act in your best interests and not put our interests ahead of yours. Under this special rule’s provisions,
 we must:
       • meet a professional standard of care when making investment recommendations (give prudent advice);
       • never put our interests ahead of yours when making recommendations (give loyal advice);
       • avoid misleading statements about conflicts of interest, fees, and investments;
       • adhere to the policies and procedures designed to ensure that we give advice that is in your best interests;
       • charge no more than a reasonable fee for our services; and
       • give you basic information about conflicts of interest.

 Many employers permit former employees to keep their retirement assets in their company plan. Also, current
 employees can sometimes move assets out of their company plan before they retire or change jobs. In determining
 whether to complete the rollover to an IRA, and to the extent the following options are available, you should consider
 the costs and benefits of a rollover. Note that an employee will typically have four options in this situation:
      • leave the funds in your employer’s (former employer’s) plan;
      • move the funds to a new employer’s retirement plan;
      • cash out and take a taxable distribution from the plan; or
      • move the funds into an IRA rollover account.

 Each of these options has positives and negatives. Because of that, along with the importance of understanding
 the differences between these types of accounts, we will provide you with a written explanation of the advantages
 and disadvantages of both account types and the basis for our belief that the rollover transaction we recommend
 is in your best interests.

                                                 Eudaimonia Partners, LLC
                                          1791 Bypass Road, Winchester, TN 37398
                                         Phone: (877) 843-1411 * Fax: (931) 962-4783