GeoVest Advisors Inc

Item 5    Fees and Compensation

A. Fee Schedule.

   Our fees are normally based on a percentage of the assets being managed for you by us. At
the beginning of each quarter we compute ¼ of the annual percentage rate times the total market
value of the account at the end of the most recent quarter. The total market value is computed by
adding the sum of the market values of each holding including the accrued interest on any fixed
income holding. This computation is provided to you each quarter in a statement transmitted to
you. The following is our fee schedule:

                                  Investment Management Fee Schedule*

         Equity and Balanced Accounts:
               1.00% per annum on the first $1 million of assets
               0.75% per annum on the next $4 million of assets
               0.50% per annum on the next $5 million of assets
               0.40% per annum on any amount of assets above $10 million

         Fixed Income Accounts:
                0.60% per annum on the first $1 million of assets
                0.50% per annum on the first $4 million of assets
                0.40% per annum on the first $5 million of assets
                0.30% per annum on any amount of assets above $10 million

Notes:
        All fees are payable quarterly in advance based upon the market value of assets at the end
of the previous calendar quarter.
        Effective 7/1/2024, new account relationships having a value of less than $100,000.00
initially or due to withdrawals are charged a minimum fee of $25 per quarter.

*Under circumstances from time-to-time, fees may be negotiated on an individual basis.

B. How are Fees Paid?

   Our fees are normally deducted from your account; however, you may request that we bill
you instead. Our fees are billed or deducted quarterly after the close of the most recent quarter.

C. Other Fees and Expenses.

   We do not safe keep securities or cash related to your account(s) management. You are
required to use a third-party safekeeping agent for this purpose.

   You may be required to pay expenses including safekeeping fees, typically when securities
are housed at a bank and brokerage fees to a broker/dealer when trades are executed by us on
your behalf. There are also fees imposed by the Securities and Exchange Commission “SEC” on
some trades.

  When mutual funds are purchased for your account, there are fees imposed by mutual fund
companies such as sales fees, management fees, operating costs, and the like. These costs vary
widely and are described in the prospectuses of the particular mutual fund company.

   Please refer to Item 12 for a more detailed discussion on brokerage use and costs.

D. Pre-paid Fees.

   We charge our fees in advance at the beginning of each quarter. Should you terminate your
management agreement with us prior to the end of a quarter, you will be reimbursed on a daily
pro-rata basis for the unexpended portion of the current quarter’s pre-paid management fee. In
unusual situations we retain the right to waive this reimbursement, for example, when we have
expended large amounts of time and/or expense in setting up an account that terminates shortly
after initiation.

E. Compensation from the Sale of Securities.

Neither GeoVest Advisors, Inc. nor its employees receive compensation from the purchase or
sale of investments used in your portfolio.

Item 7   Types of Clients

   We have several types of clients who use our services including individuals, trusts, pensions,
corporations, non-profit organizations, and financial institutions.

   We require that at least one of your accounts be at least $100,000 at the time of opening.
Exceptions may be made in the case of accounts with substantial ongoing contributions that can
achieve this size within a reasonable time period. An actively, growing retirement account
would be an example of this exception.