Maple Capital Management Inc

Item 5: Fees and Compensation

   A. Fee Schedule for Advisory Services
      MCM currently receives all of its revenue from fees paid for portfolio management and portfolio
      consulting services. Clients retain MCM to provide ongoing discretionary investment management for
      their accounts. MCM may provide non-investment financial advice and financial planning services as
      part of this arrangement at no additional fee to clients.

      Fee Differential
      MCM’s investment advisory fees are negotiable at MCM’s discretion and may be higher or lower than the
      fee schedules presented below depending upon objective and subjective factors including but not limited
      to:
            the amount of assets to be managed;
            portfolio composition;
            the scope and complexity of the engagement;
            the anticipated number of meetings and servicing needs;

Form ADV                                                 7                                             August 5, 2026

                                                                                    MAPLE CAPITAL MANAGEMENT, INC.

              related accounts;
              future earning capacity;
              anticipated future additional assets;
              the professional(s) rendering the service(s);
              prior relationships with the MCM and/or its representatives, and
              negotiations with the client.

      As a result of these factors, similarly situated clients could pay different fees, the services to be provided
      by MCM to any particular client could be available from other advisers at lower fees, and certain clients
      may have fees different than those specifically set forth below. All clients and prospective clients should
      be guided accordingly. MCM’s Chief Compliance Officer, Thomas W. Rawlings, remains available to
      address any questions that a client or prospective client may have regarding fee determination.

      Clients Working Directly with MCM
      MCM’s standard advisory fee schedule for clients who work directly with MCM without the involvement of
      a third party investment adviser is as follows:

              1.00% of the first $500,000 of assets under management
              0.75% of the next $500,000 of assets under management
              0.50% of assets under management over $1,000,000

      Advisory fees charged for clients working directly with MCM range from 0.23% of assets under
      management to as high as 1.25% of assets under management. Fees are negotiable and will vary based
      upon a variety of factors as discussed above in the section titled Fee Differential.

      Promotion Program
      MCM’s advisory fee schedule for clients who engage MCM through a promoter may vary based upon
      MCM’s agreement with each promoter. MCM’s standard advisory fee schedule for clients who work with
      MCM through the Promotion Program is as follows:

              1.50% of the first $1,000,000 of assets under management
              1.25% of assets under management over $1,000,000

      The advisory fees within the Promotion Program range from 0.40% of assets under management to as
      high as 1.75% of assets under management. Fees are negotiable and will vary based upon a variety of
      factors as discussed above in the section titled Fee Differential.

      Joint Advisory Program
      MCM’s advisory fee schedule for clients who engage MCM jointly with a third party investment adviser
      will vary based upon MCM’s agreement with each joint adviser. MCM’s standard advisory fee schedule
      for clients who work with MCM through the Joint Advisory Program is as follows:

              1.70% of the first $1,000,000 of assets under management
              1.40% of assets under management over $1,000,000

      The advisory fees within the Joint Advisory Program range from 0.

      +.80% of assets under management to as high as 1.70% of assets under management. Advisory fees are

Form ADV                                                  8                                              August 5, 2026

                                                                                  MAPLE CAPITAL MANAGEMENT, INC.

      negotiable and will vary based upon a variety of factors as discussed above in the section titled Fee
      Differential.

   B. Payment of Fees
      The specific manner in which fees are charged is established in a client’s Investment Advisory
      Agreement (“IAA”) with MCM. Fees for investment advisory services are payable quarterly, in advance of
      services being rendered, and are based on the market value of cash and securities in a client’s account
      at the end of the previous quarter. The quarterly valuation dates will be the last business day of March,
      June, September, and December. Clients may elect to be billed directly or authorize MCM to debit fees
      directly from their accounts. Additional management fees may be assessed on a pro-rated basis for
      significant capital contributions made during a calendar quarter.

   C. Fees Paid in Advance and Termination
      A client agreement may be canceled at any time, by either party, according to the client’s IAA. As
      disclosed in the IAA, certain fees are paid in advance of services provided. Upon termination of any
      account, any prepaid, unearned fees will be refunded. In calculating a client’s reimbursement of fees, we
      will pro rate the reimbursement according to the number of days remaining in the billing period.

   D. Other Fees and Expenses
      MCM is not a qualified custodian for client assets. All accounts must be held at a qualified custodian. As
      discussed below, unless the client directs otherwise or an individual client’s circumstances require, MCM
      shall generally recommend that Charles Schwab and Co., Inc. (“Schwab”) or Fidelity Investments
...

Item 7: Types of Clients

      MCM provides portfolio management services and investment consulting services to individuals, families,
      trusts, corporate pension and profit-sharing plans, charitable institutions, foundations, endowments,
      corporations, and insurance companies.

      MCM offers clients equity only accounts, balanced accounts, fixed income only accounts, cash
      management accounts, and an account strategy specifically designed for insurance companies.