PVA Financial LLC

Item 5: Fees and Compensation
          A.​ Clients of PVA fit into one of the three following categories:

                     1.​   Financial Planning Services (FPS)
                     2.​   Investment Advisory Services (IAS)
                     3.​   Retirement Plan Consulting Services (RPC)
                     4.​   Retirement Plan Management Services (RPM)

                 For clients who avail only FPS, clients may choose to pay (1) A fixed annual fee, ranging
                 from $4,500 to $10,000 per year, paid quarterly in arrears or (2) On an hourly basis for these
                 services at an hourly rate of $300, with 25% of the estimated fee paid in advance with the
                 remainder paid upon completion. Consideration for full payment upon completion will be

Dated: 6/11/26

                 made on a case-by-case basis. The fees are negotiable, and the final fee schedule will be
                 attached as an Exhibit of the FPS Agreement. The client may terminate the agreement
                 without penalty, for full refund of PVA’s fees, within five business days of signing the FPS
                 Agreement. Thereafter, clients may terminate the FPS Agreement with written notice. In the
                 event of early termination, the client will be billed for the quarter on a pro-rated basis.

                 For clients who avail IAS, the fee is calculated as an advisory fee based on assets under
                 management (AUM) as outlined below:

                              1.00% on the market value of Account $1,000,000 and under,
                 Plus: ​      0.75% on the market value of Account between $1,000,001 and $2,500,000
                 Plus:​       0.50% on the market value of Account between $2,500,001 and $5,000,000
                 Plus:​       0.25% on the market value of Account over $5,000,001

                 Any client who avails IAS, can receive FPS for no additional charge. The IAS fees are
                 negotiable, and the final fee schedule is attached as an Exhibit of the IAS Agreement. The
                 minimum annual IAS Fee is $7,500. Due to this minimum annual fee, for clients who wish to
                 have PVA manage less than $375,000, fees on a percentage basis are higher than the industry
                 average even though in addition to IAS, these clients are also receiving comprehensive FPS.

                 Our RPC and RPM services are billed based on the percentage of Plan assets under
                 management or flat fee basis. The total estimated fee, as well as the ultimate fee charged, is
                 based on the scope and complexity of our engagement with the client. Fees based on a
                 percentage of managed Plan assets will not exceed 1.00%. The fee-paying arrangements will
                 be determined on a case-by-case basis and will be detailed in the signed agreement.

                 Our firm’s fees are in addition to any fee assessed by any mutual or private funds in which
                 Plan assets are invested, record keepers, custodians, certain Outside Managers or third-party
                 administrators. Our firm acknowledges that it receives no compensation of any kind from any
                 party in relation to the services it provides as an independent consultant to the Plan
                 fiduciaries. To the extent that the client requires extraordinary time, effort or travel, client and
                 our firm will agree in advance on any additional compensation and or expense
                 reimbursement.​
                 Clients may terminate any agreement without penalty, for full refund of PVA’s fees, within
                 five business days of signing the Agreement. Thereafter, clients may terminate the Agreement
                 on written notice. PVA does not assess any fees related to termination but will be entitled to
                 all management fees earned up to the date of termination.

                 PVA uses an average of the daily average balance in the client’s account throughout the
                 billing period, after taking into account deposits and withdrawals, for purposes of determining
                 the market value of the assets upon which the advisory fee is based.

                 Any increase in fees will require the Client be given thirty (30) days’ prior written notice and
                 an amendment to this agreement which the Client will need to sign. There are no set-up or
                 termination fees.

                 If PVA and the Client decide to utilize the services of SyntheticFi, SyntheticFi may charge an
                 Annual Management fee not to exceed 0.50% of the loan/option value amount which is
                 calculated by the illustration below: For example, if SyntheticFi manages a client’s $100,000

Dated: 6/11/26

                 portfolio and trades a box spread as a synthetic loan on January 1, 2026, that expires on
                 December 31, 2026, with loan size (value-at expiration) of $50,000, the monthly management
                 fee for July 2026 would be calculated as $50,000*0.50%*(31/365) =$21.23, regardless of the
                 balance withdrawn. SyntheticFi shall be responsible for sending monthly client fee invoices
                 via email. The fees related to the use of SyntheticFi will be charged to the Client and are
                 independent of any and all fees paid to PVA. PVA does not receive any portion of the fees
                 paid to SyntheticFi.

                 Certain clients of PVA may benefit from the use of particular long-short strategies. If PVA
                 and the Client decide to utilize the services of OSAM, OSAM charges annual management
                 fees not to exceed 0.45% of assets, paid quarterly in arrears using month-end market values
...

Item 7: Types of Clients
PVA generally provides advisory services to the following types of clients:

     ●​ Individuals
     ●​ High-Net Worth Individuals

Dated: 6/11/26

     ●​ Trusts or Charitable Organizations
     ●​ Pension and Profit Sharing Plans

For FPS, there is no minimum annual fee for those who elect hourly billing. For those clients who utilize
FPS and elect fixed-fee, the minimum annual fee is $4,500. For IAS, the account minimum is $500,000,
which may be waived by PVA in its discretion. PVA also has a minimum annual fee of $7,500 for IAS
which may be waived by PVA in its discretion.