Jlens

ITEM 5: FEES AND COMPENSATION
A.     Description of Fees

Sub-Adviser Fees
As noted above, JLens is the discretionary sub-adviser to the JLens 500 Jewish Advocacy U.S.
ETF. The adviser to JLens 500 Jewish Advocacy U.S. ETF, Empowered Funds, LLC dba EA
Advisors, pays JLens sub-adviser fees which are calculated daily and paid monthly in arrears, at
an annual rate of 0.09% based on the Fund’s average daily net assets. As a discretionary sub-
adviser, JLens will not receive any portion of commissions, transaction fees, or other brokerage
costs generated by the JLens 500 Jewish Advocacy U.S. ETF. More information about Fund fees
can be found in the Fund’s prospectus: www.investjewishly.org.

Data Licensing Fees
When acting as a data provider, JLens receives a quarterly fee from each unaffiliated investment
adviser which is calculated as a percentage of the adviser’s separately managed account assets
invested using JLens’ data. JLens’ fee percentage may decline on a sliding scale as the size of
underlying investor account assets increases. JLens’ data license fees are negotiable and vary from
one adviser to another. Any underlying investor of such investment adviser seeking information
on the specific billing schedule that would be applicable to an account should contact their
investment adviser.

Shareholder Services Fees
JLens negotiates Shareholder Services fees with each investment adviser.

B.     Fee Billing Arrangements

JLens is generally paid via electronic payment quarterly in arrears by each data licensing client
and Shareholder Services account. JLens has no direct access to underlying client accounts and
therefore does not deduct fees.

C.     Other Fees and Expenses

Data Licensing
Investors of data license clients will generally incur portfolio management fees and additional
expenses, none of which accrue to JLens. For example, investors under data license arrangements
will pay, when applicable, portfolio management fees, brokerage commissions, custodial fees,
SEC fees on sell transactions or other fees and taxes related to the trade execution and settlement
process. These expenses are paid by investors to their advisers and/or third parties and do not
accrue to JLens. Investors who select a custodian that charges per-trade fees will pay higher
transaction fees than other investors who are not subject to these fees, especially when portfolio
turnover rates rise.

D.     Timing of Fees

Data Licensing and Shareholder Services
JLens is paid for its services at the end of the billing period, which is generally quarterly. Partial
period fees and termination provisions are specified in the respective data license agreement,
which may vary from one investment adviser to another.

E. Outside Compensation For the Sale of Securities

JLens employees and affiliates are prohibited from accepting any compensation for the sale of
investment products, including asset-based sales charges or service fees from the sale of exchange-
traded funds. JLens is a sponsor of, and sub-adviser to, the JLens 500 Jewish Advocacy U.S. ETF.
In this capacity, JLens has entered into a separate agreement with JLens 500 Jewish Advocacy
U.S. ETF’s platform adviser (EA Advisors) to bear the costs and fees of launching JLens 500
Jewish Advocacy U.S. ETF on JLens’ behalf. In return for bearing the fees and expenses of JLens
500 Jewish Advocacy U.S. ETF, JLens is entitled to the profits of JLens 500 Jewish Advocacy
U.S. ETF, if any, after all expenses of the JLens 500 Jewish Advocacy U.S. ETF are paid. Any
profits from the Fund will go towards achieving JLens’ mission as a nonprofit organization.

Please see Item 12 of this Brochure for additional information about brokerage-related expenses.

ITEM 7: TYPES OF CLIENTS
As a discretionary sub-adviser to a publicly traded Fund, JLens serves its client EA Advisors, the
investment adviser to the JLens 500 Jewish Advocacy U.S. ETF. EA Advisors is an SEC registered
investment adviser authorized by the board of trustees of JLens 500 Jewish Advocacy U.S. ETF
to delegate certain portfolio management duties to JLens.

As noted above, JLens offers data license services and Shareholder Services to registered
investment advisers and other investors such as family offices.