Gasaway Investment Advisors Inc

Item 5: Fees and Compensation

We base our fees on hourly charges, fixed fees, subscription fees and a percentage of assets
under management, which are described below.

Compensation – Investment Management
We do not receive any commissions for the investments that we manage for clients. Instead,
we charge investment advisory services on a quarterly basis, in arrears, billed directly to the
client’s account(s). Fees are calculated and charged on the first business day of the month
based on the average daily balance of the previous month for clients being billed on such billing
cycle. (See “Client Billing Cycle” below.) For purposes of calculating the fees, accounts for the
same client are grouped, then total asset values (less any amounts deemed to be “non-
billable”) are multiplied by the rates in the client’s fee schedule. This amount is then divided by
365 and then multiplied by the number of days in the quarter (or since such account was
established if during the quarter.) See “Sample Calculation” below for an example of how the
fees are calculated and charged.

Following is our individual annualized fee schedule, which may be negotiated in certain
circumstances:

                 Total Assets Under Management                       Annual Fee
                       Accounts under $50,000*                          1.75%
                 First $500,000 in aggregated assets                    1.50%
                Next $500,000 in aggregated assets                      1.25%
               Over $1,000,000 in aggregated assets                     1.00%

            *This rate is only for clients who have an aggregated balance in advisory accounts
            below $50,000.

The Investment Management Fees described above include all fees and charges for our
investment advisory services. Investment Management Fees do not include administration
charges for Third Party Administration/Recordkeeping of retirement plans which shall be
contracted for under a separate agreement.

Other Fees and Costs: In addition to our advisory fee, you will also be responsible for custodian
fees, account maintenance fees, fees related to mutual funds, and other transactional fees. (see
“Compensation – Retirement Plans” below)

Client Billing Cycle

       Last name (Plan name) starts with: (and
                                                                  Billing Month
         any other clients grouped for billing
                                                         (Based on average daily balance)
                      purposes)
                          A-F                           February, May, August, November
                          G-O                           March, June, September, December
                          P-Z                              January, April, July, October

Note: Billing may be done on a different cycle, if agreed upon by both parties.

Sample Calculation
A client has three accounts, all of which have been managed by GIA since prior to March 31,
2022, with the following assets as of December 31, 2024:

                 Trust account             $1,000,000
                 IRA                          200,000
                 Individual account            25,000
                                           $1,225,000

The client’s fee for the quarter would be calculated as follows:

                    Assets Under Management                   Rate            Fee
                First $500,000 in aggregated assets          1.50%           $7,500
                Next $500,000 in aggregated assets           1.25%           $6,250
                Next $225,000 in aggregated assets           1.00%           $2,250
                                Total Annualized Fee                        $16,000
                Daily Fee (divided by 365)               (Rounded for        $43.84
                                                          illustration
                                                              only)
                Fee for Quarter (multiplied by 90                          $3,945
                days in Qtr.)
                    This fee is then charged to each account on a pro-rata basis.

Non-Discretionary Accounts: Either the above asset-based fee or an hourly fee of $250 per
hour.

Compensation – Financial Planning / Consulting
Financial planning and consulting services may be charged in arrears at an hourly rate ranging
up to $250 or a subscription rate ranging from $25 to $300 charged monthly in advance.

Calculation and Payment
The specific manner in which we charge fees is established in a client’s written agreement with
us. Clients may elect to be invoiced directly for fees or to authorize us to directly debit fees

from client accounts.

Upon termination of any account, any prepaid, unearned fees will be promptly refunded, and
any earned, unpaid fees will be due and payable.

In no case will more than $1,200 be collected from the client more than 6 months in advance.

Agreement Terms
Either party may terminate an agreement at any time by notifying the other in writing. If the
client made an advance payment, we would refund any unearned portion of the advance
payment.

If the client made a payment in arrears, we would collect any earned yet unpaid fees.

Cash Balances
Some of your assets may be held as cash and remain uninvested. Holding a portion of your
assets in cash and cash alternatives, i.e., money market fund shares, may be based on your
desire to have an allocation to cash as an asset class, to support a phased market entrance
strategy, to facilitate transaction execution, to have available funds for withdrawal needs or to
pay fees or to provide for asset protection during periods of volatile market conditions. Your
cash and cash equivalents will be subject to our investment advisory fees unless otherwise
agreed upon. You may experience negative performance on the cash portion of your portfolio if
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Types of Clients
We provide investment supervisory services for individuals, high net worth individuals, pension
and profit-sharing plans, trusts, estates, and corporations.

Account Minimums
While we have always wanted to help anyone who needs our services and therefore have never
had a minimum investment size, we have found that it is sometimes difficult to manage very
small accounts. (For example, if we are allocating 5% of a portfolio to Small Cap investments
and you have a $15,000 account, then we would be allocating $750 to Small Cap. If the Small
Cap fund(s) that we’re buying has a $1,000 minimum, we would not automatically be allocating
any of your money to the Small Cap fund.) For individual accounts under $10,000, we often use
“Asset Allocation” Mutual Funds, with the fund family determining and making changes to the
asset allocations as they deem appropriate.

If you are a participant in a 401(k) where the plan has met the fund minimum, then this would
not apply to you as your assets would be combined with the other participants in your plan to
meet the fund’s minimum investment.