GPM Growth Investors Inc

Item 5 – Fees and Compensation

Client pays GPM investment management fees billed quarterly expressed as an annual percentage of assets held in the
Account(s) as shown in the table below.

Standard Annual Portfolio Management Fees

 Custodian Account Strategy             Annual Fee %
 GPM Stock Accounts                     1.00% of first $1,000,000, plus 0.85% on assets above $1,000,000 in GPM Stock
 Balanced Accounts                      and Balanced Accounts.
 ETF Based Portfolios                   0.85%

Client, in consultation with GPM, determines the strategy to be assigned to and employed by GPM in managing each
Custodian Account. Fees are calculated based upon the total value of all accounts in each of the Annual Fee % categories.
GPM will change the strategy assigned to an account when instructed to by client. The initial investment management
fee is based on the market value of the account on the date Client’s assets are initially contributed to the account(s) and
is prorated for the days remaining in the current billing period. Thereafter, GPM’s fees are calculated and billed each
calendar quarter in advance based on the market value of the account(s) on the last business day of the just ended quarter.
For purposes of calculating fees, GPM relies on the securities prices and account market value provided by the custodian.
Unless otherwise agreed to in writing by GPM, our fees are deducted quarterly from the applicable client account(s) as
processed by custodian. Client authorizes the custodian to promptly pay GPM’s fee invoices in this manner. Clients may
terminate this authorization at any time by giving GPM written notice. GPM may negotiate fees that are different than
the fee schedule outlined above. Our standard minimum is $1,000,000 for accounts that invest primarily in individual
securities and $100,000 for ETF-based accounts. Exceptions to these minimums can be made.

Either party may terminate the investment management agreement at any time. Upon termination, GPM’s management
fees will be charged through the end of the quarter in which the termination occurred. Client can cancel the agreement
within five days of the date of entering into the agreement with no charge. GPM can cancel the agreement upon 30 days
written notice. The agreement cannot be assigned without prior agreement of both parties.

In addition to the portfolio management services described above, GPM may perform various consulting services from
time to time on an hourly or project fee basis.

GPM’s portfolio management fees do not include brokerage commissions, transaction fees, and other related custodial
costs and expenses which will be incurred by the client. Clients may incur certain charges imposed by custodians, brokers
and other third parties such as fees charged by managers, custodial fees, deferred sales charges, transfer taxes, wire
transfer and electronic fund fees, and other fees and taxes on brokerage accounts and securities transactions. Mutual
funds and exchange traded funds also charge internal management fees, which are disclosed in a fund’s prospectus. Such
charges, fees and commissions are in addition to GPM’s fee, and GPM does not receive any part of these commissions,
fees, and costs. See Item 12 – Brokerage Practice – for a detailed discussion of the factors that GPM considers in selecting
or recommending broker-dealers for client transactions and determining the reasonableness of their compensation (e.g.,
commissions).

Item 7 – Types of Clients

GPM provides portfolio management services to individuals and families, high net worth investors, profit sharing plans,
trusts, estates, charitable organizations, and small businesses.