Summit Investment Advisors Inc

ITEM 5: FEES AND COMPENSATION
  FEE DESCRIPTION AND SCHEDULE
  Investment advisory fees are agreed in writing prior to an engagement. Fees are billed quarterly in advance.
  The fee will be equal to the agreed upon rate(s) per annum (as set-forth in the investment advisory agreement
  with each client), times the market value of the assets in the account(s) as of the last business day of the prior
  quarter. The market value of the assets is provided by the account(s)’ custodian and includes cash and cash
  balances invested in money market funds. At times, the fee charged will be higher than the money market
  yield. Market value will not be adjusted by any margin debit.

  Blended Standard Tiered Fee Schedule:

                                    Annual Fee              Assets under Management
                               1.00% on assets from            $0 to $2,000,000 then
                               0.85% on assets from       $2,000,001 to $5,000,000 then
                               0.75% on assets from       $5,000,001 to $10,000,000 then
                               0.65% on assets from      $10,000,001 to $25,000,000 then
                               0.40% on assets from      $25,000,001 to $50,000,000 then
                               0.30% on assets from      $50,000,001 to $100,000,000 then
                                  0.25% on assets               over $100,000,001

  Additionally, services are offered on an annual flat fee basis, billed quarterly in advance.

  Although Normandy has established the above fee schedule, the firm and its investment advisor
  representatives retain discretion to negotiate fees. Client facts, circumstances, and needs are considered.
  Factors considered include the number, type, and size of the account(s); the value of the assets under
  management for the client relationship; anticipated future assets; the range and frequency of additional
  services provided to the client and account(s); and /or as otherwise agreed with specific clients. Additionally,
  investment adviser representative education, experience, legacy pricing, and service offerings are also
  considered.

  Normandy may group certain related client accounts for the purpose of achieving the minimum account size
  and fee breakpoints.

  Please note, Normandy may, in its sole and absolute discretion, waive or reduce the investment advisory fees
  for employees, former employees, family members, and affiliates of Normandy. As a result, Normandy may
  offer certain clients lower fees than other clients. Clients may pay more or less than clients might otherwise
  pay if purchasing services separately or through another investment advisor or broker-dealer.

  A Note About Margin: To the extent that a client requests and authorizes the use of margin in the management
  of the client’s investment portfolio, the market value of the client’s account will be increased. Therefore, the
  corresponding fee payable by the client to us will be increased because we include the margin balance in
  the client’s overall management fee calculation. This creates a conflict of interest because we earn a higher
  fee and have a disincentive to recommend that the client trim or eliminate the margin balance. The market
  value will not be adjusted by any margin debit.

 NORMANDY INVESTMENT ADVISORS | Form ADV 2A | v. March 2026                                              Page| 5

 Wealth Management Consulting. These services are offered a la carte, as such we provide a variety of
 compensation options. Clients may select a retainer for which we will not require prepayment of more than
 $1,200 in fees six months or more in advance. Clients may also choose an annual fee (billed semi-annually,
 quarterly, or monthly) or a flat fee. These fees may be calculated and billed in arrears or advance, as selected
 by the client. Fees will be specified in the Wealth Management Consulting Agreement.

 Retirement Plan Consulting. For services rendered to pension or other employee benefit plans (including 401(k)
 plans), advisory fees will be specified in the investment advisory agreement. Fees may include a one-time set-
 up fee; a percentage of assets under management; and/or a flat fee. Fees are negotiable and vary greatly
 based upon the size and complexity of the plan and services provided. Factors considered include number
 and location of employees; employee educational programs; number and type of back-office service
 providers and platforms; and the specific service model requested.

 Depending on the record-keeping arrangement, plan sponsors may choose to have fees paid directly by the
 plan sponsor or deducted from plan assets. If advisory fees are paid from plan assets, Normandy must rely on
 the plan’s record-keeper to collect the fee. Usually, the record-keepers policies will determine if Normandy’s
 fees are paid in advance or arrears, monthly or quarterly.

 FEE DEDUCTION
 Each client is expected to authorize Normandy to instruct the custodian to deduct the firm’s fees from the
 client’s assets in the client’s account(s). In the manner directed by the custodian, Normandy will submit its fees
 for deduction from each client’s account(s). The fees deducted are reported on the account(s)’ statements
 provided by the custodian. Each client is responsible for verifying fee computations since custodians are not
 typically asked to perform this task. If you have questions about a specific fee calculation, please contact us.

 THIRD PARTY FEES AND EXPENSES
 Clients will also incur certain charges imposed by third parties (custodians, broker-dealers, platforms, and
 others) regarding investments made in the account(s). These commissions, fees and charges may include but
 not limited to the following: brokerage commissions; transaction, exchange, trade away and clearing fees;
 account, wire, and electronic fund transfer fees; margin interest; custodial fees; administration and termination
...

ITEM 7: TYPES OF CLIENTS
We offer investment advisory services to individuals and high net worth clients, their trusts and estates, pension
and profit-sharing plans, charitable organizations, corporations, and other types of entities.

A minimum account of $500,000 is required, although this may be negotiable under certain circumstances.