SK Wealth Management LLC

ITEM 5 FEES AND COMPENSATION

SK Wealth is compensated by fees only. We do not receive any compensation from commissions or
other transaction charges. For the management of investment portfolios, our fees are based on the
average quarterly balance of assets under management. These fees are rarely negotiable and are
invoiced quarterly (in arrears) and deducted from clients’ accounts (clients may elect to be billed
quarterly in arrears) per the following schedule:

                              Annual
                              Account Balances              Percentage

                              0-$100,000                    1.50%
                              $100,001 - $250,000           1.25%
                              $250,001 - $700,000           1.00%
                              $700,001 - $1,250,000         0.60%
                              $1,250,001 - $2,500,000       0.50%
                              $2,500,001 and above          0.40%

*The above is a tiered fee schedule. This means that, depending on a client’s asset level, he/she/they
may be subject to multiple fee tiers. For example, a client with assets in the amount of $1,500,000
would be subject to an annual fee rate of 1.5% on the first $100,000, 1.25% on the next $150,000, 1% on
the next $450,000, .6% on the next $550,000 and 0.5% on the remaining $250,000.

Generally, we will quote a maximum total fee for personal financial planning engagements. Other onetime
consulting services may be billed at an hourly rate of $350-$500.

Mutual funds and ETFs carry internal expenses that are in addition to any fees paid to SK Wealth, and
if any assets are allocated to a separate account manager, the advisory fee charged by the separate
account manager is in addition to SK Wealth’s advisory fee. These costs are clearly explained to the
client before any investments are made. Also, a custodian of a client’s portfolio may charge
transactions charges when certain assets are bought or sold (see also Item 15, Custody).

For clients who are sponsors of participant-directed ERISA plans, the following fee schedule applies:

                              Annual
                              Plan Assets                   Percentage*
                              $1 - $1,000,000               0.40%
                              $1,000,001 - $4,000,000       0.35%
                              $4,000,001 - $10,000,000      0.25%
                              $10,000,001 and above         0.20%

*The above is a tiered fee schedule. This means that, depending on an ERISA plan’s asset level, it may
be subject to multiple fee tiers. For example, an ERISA plan with assets in the amount of $1,500,000
would be subject to an annual fee rate of 0.40% on the first $1,000,000 and 0.35% on the remaining
$500,000.

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ITEM 7 TYPES OF CLIENTS

SK Wealth provides these services to individuals, trusts, partnerships, and retirement plans. In general,
we set an overall portfolio minimum at $500,000. We do occasionally make exceptions to this policy and
SK Wealth, in its sole discretion, may charge a lesser investment management fee, reduce or waive its
aggregate account minimum, charge a fixed fee, or charge no fee, based upon certain criteria (i.e.
anticipated future earning capacity, anticipated future additional assets, dollar amount of assets to be
managed, related accounts, account composition, competition, employee/family accounts, courtesy
account’s, negotiations with client, etc.). Please Note: As result of the above, similarly situated clients
could pay different fees. In addition, similar advisory services may be available from other investment
advisers for similar or lower fees. ANY QUESTIONS: SK Wealth’s Chief Compliance Officer, Jason
Archambault, remains available to address any questions that a client or prospective client may have
regarding advisory fees.