Semitam Bonam LLC

Item 5: Fees and Compensation
How we are paid depends on the type of advisory service we are performing. Please
review the fee and compensation information below.

Financial Planning Services

Ongoing, Comprehensive Financial Advisement

Clients engaging Great Path for ongoing, comprehensive financial advisement pay a
fee based upon a number of quantitative and qualitative factors based on Great
Path’s internal fee assignment methodology. Great Path’s internal fee assignment
methodology may include, without limitation, the number of household members,
amount of financial planning required, number and type of accounts, net worth, life
stage, business interests, real estate ownership, trust arrangements, and complexity
of their financial situation, as well as the responsibility assigned to the Adviser. Based
on the foregoing and potentially other quantitative and qualitative factors, Great
Path will assign a flat annual fee to be charged to the particular client. This fee is
determined at the inception of the client relationship and agreed to by both the
client and Great Path in the client advisory agreement. The minimum fee is
$2,500.00 per quarter paid in advance. This fee includes discretionary investment
advisory services, advice on held-away accounts, and financial planning services for
topics covered under the scope of the ongoing, comprehensive planning advisement.
Clients who benefit from our fee structure tend to have a higher net worth and/or
complicated planning needs. We reserve the right to decline situations which we
consider not complicated enough to warrant our minimum fee, or we may also offer
a reduced fee for simpler situations.

Because a client’s net worth is included among the variety of quantitative and
qualitative factors Great Path internally considers when assigning a flat annual fee,
Great Path is tacitly incentivized to recommend that the client make financial
decisions that increase its net worth so as to ostensibly increase the flat annual fee
that may be assigned. This presents a conflict of interest. Great Path addresses this
conflict of interest by fully disclosing it in this Brochure, by making financial
recommendations independent of what impact they may have on its internal fee
assignment evaluation, and by only making recommendations in each client’s
respective best interests.

                                  Date of Brochure: February 23, 2026

Billing begins on the date that the client signs the advisory agreement unless
annotated otherwise in the client agreement and is prorated, then billed quarterly or
monthly thereafter in advance. Great Path may request an initial deposit at the start of
the engagement for clients choosing to pay monthly. If an initial deposit is requested,
the amount will be $1,000.00 or 25% of the total annual fee, whichever is greater. The
remainder of the fee can be paid monthly or quarterly, as annotated in the client
agreement. For clients choosing monthly payment options: since the initial fee of
$1,000 or 25% covers the first quarter’s fees, monthly billing for the remainder of the
fee will begin 3 months (one calendar quarter) after the initial deposit is made, with
the first monthly payment being prorated, then all others equal. Great Path will not bill
an amount above $1,200.00 more than 6 months in advance.

Client’s fees will be reviewed biannually, with the fees calculated on the first day of the
quarter following the second anniversary of the initial contract date, then biannually
thereafter. This makes all clients renew on the first day of a calendar quarter for ease of
administration. If Great Path renews at the same fee amount, then no updated client
contract is necessary; the contract is considered renewed for two years at the same
amount from the documented fee calculation date. Such renewals are continuous until
changed mutually by the client and advisor via a new client advisory agreement.

In the event of a major life event for the client, their fee may be reassessed sooner
than every two years. Examples of a major life event include inheritance of assets,
sale of a closely held business, other events causing a rapid change in net worth not
attributable to general stock market appreciation, or significant events that increase
the demand for advice. Any adjustment to client’s fees will be agreed upon in
advance and outlined in a new client agreement.

Due to the detailed nature of the work we do for clients, our fees for financial
planning and investment management services depend on the scope and
complexity of those services. As such, our fees may be lower or higher than those
charged by other investment advisers for similar investment management or
financial planning services. We may provide services for members of current client
households or their families. Fees are negotiable and waivable at the discretion of
Great Path.

In the event of termination of the advisory relationship, the client will be refunded the
unearned portion of the fee as determined by the net of: the most recent fee paid less
the greater of either 1) an hourly rate of $275-800 per hour determined at Great Path’s

                                 Date of Brochure: February 23, 2026

discretion or 2) a proration of the number of days since the beginning of the period for
which fees were paid divided by the number of days in that period (monthly or
quarterly.) (e.g. termination after 1 month will receive a 2/3 refund of a quarterly fee
paid in advance for a noninitial quarter.) Clients have 7 calendar days or 5 business
days to download any applicable financial reports or documents from financial
planning or performance reporting systems before electronic access is terminated.

Project Based or Limited Scope Financial Planning, Consulting, or Flat Fee
Investment Management

Project based financial planning and consulting are available for specific questions or
...

Item 7: Types of Clients
Adviser provides financial planning and asset management services to individuals,
retirement and profit-sharing plans, trusts and estates, corporations, and other
business entities.
For clients engaging Great Path in any of our Financial Planning Services, there is
no minimum account size.

                                 Date of Brochure: February 23, 2026