Fjell Capital LLC

Item 5 — Fees and Compensation

A. Description of Fees for Advisory Services

Bergen Advisory Services ("Bergen")

The annual fee for Bergen Advisory Services is charged as a percentage of assets under management, according to the
graduated fee table below. Fjell applies "householding" of accounts for fee calculation purposes. This means that we combine
the asset values of related accounts (such as those of spouses, partners, and dependent children) when determining the
applicable fee tier. This approach often results in clients qualifying for lower overall fee rates. Lower fees for comparable
services may be available from other investment advisers. Fees for Bergen may be negotiable based on factors such as the
complexity of the client's financial situation, the size of the account, and the overall relationship with the Firm.

                   Assets Under Management                                             Annualized Fee %

                         First $750,000                                                      1.25%

                 Next $750,000.01 - $1,750,000                                               1.00%

                Next $1,750,000.01 - $2,750,000                                              0.85%

                Next $2,750,000.01 - $5,000,000                                              0.75%

                Next $5,000,000.01 - $7,500,000                                              0.65%

               Next $7,500,000.01 - $15,000,000                                              0.50%

                       Over $15,000,000                                                      0.40%

With this graduated or blended fee schedule, different asset levels are assessed at different fees. All clients, regardless of
account size, pay the same fee percentage on the same asset level. This graduated fee schedule applies to all client assets under
management. As the value of assets under management increases, the fee percentage decreases for each subsequent tier.

Minimum Fee

Bergen clients are subject to a minimum quarterly fee of $1,250 ($5,000 annually). For example, a client with $300,000 in assets
under management would be charged $1,250 for the quarter rather than a lesser amount based on the AUM-based fee
schedule. The minimum quarterly fee is deducted directly from the client's account at Charles Schwab & Co., Inc. The minimum
quarterly fee may be waived at the Firm's discretion. Clients with an existing Bergen agreement are not subject to the minimum
quarterly fee.

Separate Account Manager Fees and Bergen Advisory Services

Clients whose fixed income portfolios or allocations are managed by separate account managers ("SAMs") will effectively be
subject to two layers of fees: (1) the fees charged by Fjell for Bergen, and (2) the fees charged by the SAMs for managing the
fixed income portion of the portfolio. SAM fees are separate from and in addition to Fjell's advisory fees for Bergen. These SAM
fees, typically based on a percentage of assets under management, vary depending on the specific SAM strategy selected and
are disclosed to the client before engagement. SAM fees are generally calculated and charged quarterly based on the quarterly
account value and deducted directly from the client's account by the qualified custodian.

Fjell does not receive any portion of the fees charged by SAMs. While the use of SAMs results in an additional layer of fees,
SAMs are generally utilized when they are expected to be more cost-effective than using ETFs or mutual funds for fixed-income
management, considering the overall investment strategy and the client's specific needs.

Clients should review all fees charged by Fjell, SAMs, and any additional expenses to fully understand the total amount of fees
incurred. For more detailed information about SAM fee structures and billing practices, clients should refer to the SAM's own
Form ADV Part 2A.

Ancillary Account Fees and Bergen Advisory Services

For existing Bergen clients who request that Fjell manage ancillary accounts held at other financial institutions, including
adviser-managed variable annuity programs and education savings plans (e.g., 529 plans), the advisory fee is consistent with the
client's Bergen fee schedule. Fees are billed in advance and are deducted directly from the client's account in accordance with
the billing procedures of the applicable platform. Depending on the platform, fees may be billed monthly or quarterly, and the
basis for the fee calculation may vary. Clients should be aware that ancillary accounts may carry their own underlying product
expenses, such as insurance charges in the case of variable annuities and program expenses in the case of 529 plans, which are
separate from and in addition to Fjell's advisory fee.

BluePrint

BluePrint offers two fee structures: a one-time, flat fee for comprehensive financial planning and an hourly rate for more limited
engagements or ad-hoc advice.

1. Flat Fee Structure

BluePrint's one-time flat fee for comprehensive financial planning generally ranges from $5,000 – $15,000, depending on the
time, complexity, and scope of the plan. The minimum fee for BluePrint is $5,000. For flat fee services, a 50% deposit is paid
upfront to initiate the process, with the remaining balance due upon completion of the financial plan.

2. Hourly Fee Structure

BluePrint offers hourly financial planning services at a rate of $500 per hour, billed in minimum 15-minute increments. There is
no minimum or maximum number of hours required. Clients are billed monthly in arrears for hourly services.

Lower fees for comparable services may be available from other financial planners or investment advisers. Both fee structures
may be negotiable.

Retirement Plan Services

The fee for Retirement Plan Services is charged as a percentage of plan assets, with a maximum fee of 1.00% annually. Fees may
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Item 7 — Types of Clients

Fjell provides investment advisory services to individuals, high-net-worth individuals, non-profit organizations, businesses, and
qualified retirement plan sponsors (e.g., sponsors of 401(k) plans, 403(b) plans, and other qualified plans).

Bergen is generally designed for clients with $1 million or more in investable assets. Bergen clients are subject to a minimum
quarterly fee of $1,250 ($5,000 annually). The minimum quarterly fee may be waived at the Firm's discretion. Clients with an
existing Bergen agreement are not subject to the minimum quarterly fee.

BluePrint has a minimum fee of $5,000, which may be waived at the Firm's discretion.