Harding Financial Group LLC

Item 5 – Fees and Compensation

   A. Advisory Fee Schedule
        Annual fee is determined by dollar amount of client assets under management by HFG.

                 First $999,999  1.60%
                 Next $2,000,000 1.35%
                 $3,000,000+     1.10%

                 Example of fee breakdown for a client with $2,000,000 under discretionary management by HFG:

                          First $999,999 billed 1.60%
                          Next $1,000,000 billed at 1.35%

                 Advisory fees are sometimes negotiated based on a client’s individual circumstances. This is a tiered
                 advisory fee schedule calculated by applying different rates to different portions of the portfolio.
                 Total annual blended fee would be equal to 1.475%, billed in advance, in 4 installments occurring the
                 first month of each quarter. Billing is based on the previous quarter closing account value.

                             Harding Financial Group, LLC
    B. Financial Planning and Consulting Fee Schedule
         Consulting Fees are billed at $500 per hour and are typically billed ½ of estimated time commitment upon
         initiation of agreement with the remainder upon completion of the engagement.

         Comprehensive Financial planning typically range in cost from $3,500 to $7,000.

         Services are completed and delivered within sixty (60) days contingent on the timely delivery of all
         applicable documents from the Client. Client may cancel within five (5) business days of signing agreement
         with no obligation. If the Client cancels after five (5) business days, any unearned fees will be refunded to the
         Client based on the number of hours of work completed by HFG.

All fees are subject to negotiation.

The specific manner in which fees are charged by HFG is established in a client’s written agreement with HFG.
HFG will generally bill its fees on a quarterly basis. Clients will have fees directly debited from their accounts.
Accounts initiated or terminated during a calendar quarter will be charged a prorated fee. Upon termination of any
account, any prepaid, unearned fees will be promptly refunded, and any earned, unpaid fees will be due and
payable.

HFG’s fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses which
shall be incurred by the client. Clients may incur certain charges imposed by custodians, brokers, third party
investment and other third parties such as fees charged by managers, custodial fees, deferred sales charges, odd-lot
differentials, 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 exclusive of and in addition to HFG’s
fee, and HFG shall not receive any portion of these commissions, fees, and costs.

Item 12 further describes the factors that HFG considers in selecting or recommending broker-dealers for client
transactions and determining the reasonableness of their compensation (e.g., commissions).

HFG does not receive any external compensation for the sale of securities to Clients, nor do any of the investment
advisor representatives of HFG,

    C. Return of Advisory Fee Guarantee

Select new clients will have the opportunity to participate in HFG’s return of advisory fee guarantee. This program
is offered at the discretion of Michael R. Harding and is not offered to all new clients. Examples of situations where
the guarantee would not be offered are as follows:

                  1.   Any situation where the client paid an hourly consulting fee. Consulting fees are non
                       refundable
                  2.   Advisory fees on any account held away from Charles Schwab
                  3.   In the event the client has under $1,000,000 under the management of HFG
                  4.   Any account that is held in trust for a beneficiary who is different than the trustee. Examples:
                            a. Employer sponsored retirement plan. Neither the employee nor the employer will be
                                eligible for the return of Advisory Guarantee
                            b. Grandson is trustee of trust which is for the benefit of Grandfather. A trust
                                structured such as this would not be eligible.

                               Harding Financial Group, LLC
The list above is not all inclusive and the return of advisory fee guarantee is offered at the sole discretion of Michael
R. Harding.

New clients who are offered the return of advisory fee program will be required to complete an additional
satisfaction guarantee contract at new account inception. In addition to completion of the satisfaction guarantee
contract, clients must meet the following requirements:

    1.   During the first year, clients are required to return each service questionnaire which will be provided
         quarterly. If all four (4) questionnaires are not returned, clients will be deemed ineligible for the guarantee.

    2.   If a client determines they are unhappy with our services; a written request for a refund of fees and a
         transfer of your account(s) must be complete within 30 days following the one-year anniversary of advisory
         contract.

Fees will be refunded within 60 days of the date the account transfers out of HFG management.

Item 7 – Types of Clients

HFG provides portfolio management services to individuals, high net worth individuals, profit-sharing plans, trusts
and estates.

HFG requires a minimum of $1,000,000 to open an account. At HFG’s discretion, the minimum account size may
be lowered or waived.