Oak City Consulting LLC

Item 5 Fees and Compensation

Oak City Investment Consulting charges advisory fees as compensation for providing discretionary and
non-discretionary investment management and related advisory services. All fees are governed by the
terms of the Client’s written Investment Advisory Agreement and are negotiable based on the scope of
services, complexity of the engagement, and size of the relationship.

Advisory Fee Structure

The Firm’s advisory fees are structured either as (i) an annual percentage of assets under management
(“AUM”) or (ii) a fixed annual fee, as agreed in writing with the Client. The Firm’s standard maximum
advisory fee is 1.00% annually; however, lower fees may be negotiated.

Asset-Based Fees

For engagements billed based on assets under management, advisory fees are generally billed quarterly in
advance, unless otherwise specified in the Client’s agreement. Fees are calculated based on the account
value as reported by the Client’s qualified custodian or applicable reporting platform as of the end of the
preceding billing period. Fees are assessed on assets under management, including securities and cash
balances. Accounts opened during a billing period are charged on a pro-rated basis. Upon termination of
an advisory agreement, any unearned prepaid advisory fees will be refunded on a pro-rated basis
calculated from the effective date of termination through the end of the applicable billing period. Where
authorized by the Client, advisory fees are deducted directly from Client accounts. Clients are encouraged
to review custodial statements to verify fee deductions. The Firm maintains written supervisory procedures
designed to ensure advisory fee calculations are accurate and consistent with each Client’s agreement prior
to billing.

Fixed Fees

In certain engagements, including consulting or institutional advisory relationships, the Firm may charge
a fixed annual fee. Fixed fees are typically billed in advance, unless otherwise agreed in writing. Billing
schedules, payment mechanics, and any applicable refund provisions are set forth in the Client’s
Investment Advisory Agreement.

Sub-Adviser Compensation

The Firm may recommend or allocate assets to unaffiliated third-party asset managers. Sub-Adviser fees
may be charged directly by the Sub-Adviser pursuant to a separate agreement, or structured as part of a
combined advisory fee arrangement, as disclosed in the Client’s agreement. Sub-Adviser fee structures may
vary based on strategy, program structure, and services provided. Clients should review their advisory
agreement and any Sub-Adviser documentation for specific details regarding applicable fees.

Mutual Fund and ETF Expenses

Clients may invest in mutual funds and ETFs, which impose internal management fees and operating
expenses. These expenses are disclosed in the applicable prospectus, are paid by the fund, and are borne
indirectly by shareholders. Such expenses are separate from and in addition to the Firm’s advisory fees.

Except as disclosed below under “Index Licensing Compensation,” the Firm does not receive compensation
from mutual funds, ETFs, or custodians in connection with Client investments.

Alternative Investment Fees

Where appropriate, the Firm may recommend that Clients invest in private funds or alternative investment
vehicles. Such investments typically involve management fees, performance-based compensation,
organizational or administrative expenses, and other fees disclosed in the applicable offering documents.
These fees are separate from and in addition to the Firm’s advisory fees. The Firm does not receive
compensation from alternative investment managers unless specifically disclosed in writing.

Other Fees and Expenses

In addition to advisory fees, Clients may incur additional costs associated with their accounts or
investments, including custodial fees, brokerage commissions, transaction charges, transfer or termination
fees, retirement account administrative fees, and other account-level expenses imposed by third parties.
These fees are not retained by the Firm.

Index Licensing Compensation

The Firm licenses its proprietary index, the Emerging Markets Human Flourishing Index (the “Index”), to
First Trust Advisors L.P. for use in an exchange-traded fund (the “Fund”). Pursuant to a written licensing
agreement, the Firm receives a license fee based on the average daily net assets of the Fund. This
arrangement creates a material conflict of interest because the Firm’s compensation increases as the Fund’s
assets increase, which provides a financial incentive to recommend or include the Fund in Client portfolios.

The Firm addresses this conflict through disclosure, written supervisory policies and procedures designed
to promote objective investment decision-making, and by recommending or including the Fund only when
consistent with a Client’s investment objectives and overall portfolio strategy. The Firm does not receive
sales commissions or distribution compensation related to the Fund.

Other Compensation

Except as disclosed above with respect to index licensing, neither the Firm nor its supervised persons
receive commissions, referral fees, or asset-based sales charges in connection with the recommendation of
securities.

Termination of Advisory Agreement

The Firm’s advisory agreements remain in effect until terminated by either party upon written notice (email
is sufficient), unless otherwise specified in the Client’s agreement. Upon termination, the Firm will cease
providing advisory services and will have no further obligation to recommend or take action with respect
to the account. The Client is responsible for monitoring the account following termination.

If advisory fees have been billed in advance, any unearned portion will be refunded on a pro-rated basis
calculated through the effective date of termination. The Client remains responsible for advisory fees
...

Item 7 Types of Clients

As discussed in Item 4 – Advisory Business of this Brochure, Oak City Investment Consulting currently
provides investment management services, as an investment adviser, to individuals, high-net worth
individuals, institutions, charitable organizations, trusts, foundations, endowments, family offices and
estates. We do not require a minimum dollar amount to open and maintain an advisory account. All Clients
are required to execute an agreement for services in order to establish a client arrangement with Oak City
Investment Consulting. The agreement sets forth the scope of engagement and terms and conditions of the
investment management services, outlines the responsibilities of the parties and defines the relationship of
the Firm and the Client.

In addition, the Company is engaged in licensing as an index provider to Exchange Traded Funds (“ETFs”).
Currently Oak City Investment Consulting owns, develops and sponsors one index (as “Index Provider”),
namely, the Emerging Markets Human Flourishing Index (the “Index”).

The Firm may request information to verify a client’s identity and account ownership for operational,
custodial, and compliance purposes.