Macroclimate LLC

ITEM 5 FEES AND COMPENSATION

Investment Management Services Fees
In exchange for our Investment Management Services, you will pay Macroclimate an annual advisory fee calculated
as (i) a percentage of market value (or fair market value, in the absence of market value) of your account(s) or (ii)
a flat fee, as applicable, in accordance with the following fee schedule:

          VALUE OF ASSETS UNDER MANAGEMENT                                             ANNUAL FEE 1
                    $200,000 - $500,000                                              $2,000.00 (flat fee)
                  $500,001 – $5,000,000                                                    0.40%
                 $5,000,001 – $10,000,000                                                  0.35%
                  $10,000,001 and above                                                    0.25%

All fees are billed quarterly in arrears at the end of each calendar quarter based upon the value (market value or fair
market value in the absence of market value) of your account(s) at the end of the previous quarter with adjustment
for capital flows during the quarter. We do not blend annual fee rates across fee tiers. For example, if a client is at
the 0.40% fee level, deposited $50,000 on the last day of the quarter (and there are 92 days in the quarter), the
client’s fees would be reduced by 50000 * (91/92) * 0.004 / 4 = $49.45. Fees are pro-rated for partial billing periods
occurring at inception or termination of our relationship based on the number of days services are provided by the
firm.

Macroclimate may elect, in its sole discretion, to combine the account values of accounts held by you, your family
members, and/or your other related persons for purposes of determining the applicable annual fee rate to be
applied to your account. For example, we may combine account values for you and your minor children, joint
accounts with your spouse, and other types of related accounts. Combining account values may increase the asset

1   If your account value drops below $200,000, a maximum annual fee of 1.00% will be applied.

Macroclimate LLC                                 Form ADV Part 2A (May 2026)                                Page 4 of 18

total, which may result in you paying a reduced advisory fee based on the breakpoints available in the fee schedule
stated above.

We do not solicit or require pre-payment of any advisory fees. Clients are advised that higher or lower fees for
comparable services may be available from other sources. In general, we do not negotiate our advisory fees.

In addition to advisory fees paid by our advisory clients, Macroclimate receives compensation from unaffiliated
third-party investment advisers (25 bps) in connection with the licensing of certain proprietary investment
strategies and the provision of related model portfolio information and trade notifications. Under these
arrangements, Macroclimate is compensated based on a percentage of the assets managed by the third-party
adviser using Macroclimate’s proprietary investment strategy or model portfolios. Fees are paid by the third-party
adviser and are not paid directly by the underlying clients of that adviser.

Direct Fee Deduction
Our advisory fees will be debited directly from your account(s) in accordance with your authorization contained in
the written Investment Management Services Agreement you will enter with us at the inception of our relationship.
We do not offer to bill these fees by traditional invoicing.

The custodian of your account will send an account statement to you at least quarterly, identifying the amount of
funds and each security in your account at the end of the period, and setting forth all transactions in the account
during that period, including the amount of any fees paid directly to us from your account. The custodian is not
responsible for verifying the accuracy of any fee calculations. Therefore, we encourage you to carefully and
promptly review the account statements provided by the custodian. If you believe there has been any miscalculation
of our fees or if you have any other concerns about your account, you should contact us promptly at the phone
number listed on the cover page of this brochure.

Termination of the Advisory Relationship
Either party may terminate the advisory relationship with or without cause at any time by written notice to the other
party. In addition, all custodial termination and transfer fees, if any, assessed by the custodian will be the
responsibility of the client. Upon termination, our advisory fees will be prorated to the date of termination.

Mutual Fund and ETF Fees
All fees paid to Macroclimate for investment advisory services are separate and distinct from the fees and
expenses charged by mutual funds and/or ETFs to their shareholders. These fees and expenses are described in
each fund's prospectus. These fees will generally include a management fee, other fund expenses, and a possible
distribution fee. Macroclimate does not receive any portion of the internal fees charged by mutual funds and ETFs
recommended to clients. If the fund also imposes sales charges, a client may pay an initial or deferred sales charge.
You could invest in a mutual fund directly, without our services. In that case, you would not receive the services
provided by our firm which are designed, among other things, to assist you in determining which mutual fund or
funds are most appropriate given your unique financial circumstances and objectives. Accordingly, you should
review both the fees charged by the funds and our fees to fully understand the total amount of fees to be paid by
the client and to thereby evaluate the advisory services being provided.

Additional Fees and Expenses
In addition to our advisory fees, you will also be responsible for the fees and expenses charged by custodians and
...

ITEM 7 TYPES OF CLIENTS

Macroclimate typically provides advisory services to individuals and their families, donor-advised funds, and non-
profit organizations. As reflected above in Item 5, we typically require a minimum account size of $200,000 to
commence or maintain an investment management services relationship, though we reserve the right to waive this
minimum on a per-client basis.