Sustainvest Asset Management LLC

Item 5 - Fees And Compensation

A. Advisory Fees

The following sections detail the fee structure and compensation methodology for investment
advisory services. Each client shall sign the appropriate type of investment advisory
agreement that details the responsibilities of Sustainvest and the client.

Investment Management Services

The annual fee for Investment Management Services will be charged as a percentage of
assets under management according to the following tiered schedule:

                       Account Assets                           Fee Percentage
              Up to $1,000,000                        0.75%
              $1,000,001 to $3,000,000                0.50%
              Greater than $3,000,000                 0.40%

Clients will be billed quarterly in arrears at the end of each quarter based upon the value
(market value or fair market value in the absence of market value), of the client's account at
the end of the quarter. If an account is terminated during a calendar quarter, fees will be
adjusted pro rata based on the number of calendar days in the calendar quarter that the
agreement was effective. Details of the Investment Management Services fee charged are
more fully described in the advisory agreement entered into with each client. For retirement
plan advisory services, Sustainvest charges an annual advisory fee equal to 0.50% of
participant assets under advisement. The fee is assessed on plan assets and deducted
directly from participant accounts pursuant to plan authorization.

B. Payment Method

Depending on the particular advisory service there are two options a client may select to pay
Sustainvest’s advisory services fees. The advisory fees for Investment Management Services
will typically be paid through direct debiting of the client’s account while the fees for
Consulting Services will be billed to the client by Sustainvest.

Direct Debiting

Each quarter, Sustainvest will notify the client’s qualified custodian of the amount of the fee
due and payable to Sustainvest pursuant to the firm’s fee schedule and advisory agreement.
The qualified custodian will not validate or check Sustainvest’s fees, its corresponding
calculation or the assets on which the fee is based unless the client has retained their
services to do so. With the client’s pre-approval, the qualified custodian will “deduct” the fee
from the client’s account or, if the client has more than one account, from the account the
client has designated to pay Sustainvest’s advisory fees.

In addition, Sustainvest will concurrently provide the client a report itemizing the fee,
including the calculation period covered by the fee, the account value and the methodology
used to calculate the fee. Clients will be provided with a statement, at least quarterly, from
the Custodian reflecting deduction of the applicable fee. It is the responsibility of the client to
verify the accuracy of these fees as listed on the Custodian’s brokerage statement as the
Custodian does not assume this responsibility.

Billing

Sustainvest will issue the client an invoice for the firm’s services and the client will pay
Sustainvest by check or wire transfer within ten (10) business days’ of the date of the invoice,
or as negotiated and documented in the client’s advisory agreement.

C. Additional Information

Fees Only

Sustainvest is compensated solely by fees paid by its clients and does not accept commissions
or compensation from any other source (i.e., mutual funds, insurance products or any other
investment product).

Fees Negotiable

Sustainvest retains the right to modify fees in its sole and absolute discretion, on a client-by-
client basis. Factors considered include the complexity and nature of the advisory services
provided, anticipated amount of assets to be placed under management, anticipated future
additional assets, related accounts, portfolio style, and account composition. Sustainvest bills
on a per account balance basis but may combine related household accounts for fee
calculation purposes.

Mutual Fund Fees and Exchange Traded Funds

All fees paid to Sustainvest for investment advisory services are separate and distinct from
the expenses charged by mutual funds and exchange-traded funds (“ETFs”) to their
shareholders, if applicable. These fees and expenses are described in each fund’s or ETF’s
prospectus. These fees and expenses will generally be used to pay management fees for the
funds, other fund expenses, account administration (e.g., custody, brokerage and account
reporting), and a possible distribution fee. A client could invest in these products directly,
without the services of Sustainvest, but would not receive the services provided by
Sustainvest which are designed, among other things, to (i) assist the client in determining
which products or services are most appropriate to each client’s financial situation and
objectives and (ii) determining when such buying or selling is appropriate. Accordingly, the
client should review both the fees charged by the fund[s] and/or ETFs and the fees charged
by Sustainvest to fully understand the total amount of fees to be paid by the client.

Miscellaneous Expenses

Sustainvest’s Investment Management Services fee with respect to each client account does
not include certain other charges and expenses, including (a) brokerage charges, which are
paid on a transactional basis, (b) dealer mark-ups or mark-downs on securities purchased or
sold for an account through third-party dealers and (c) taxes. Please see Item 12 of this
disclosure brochure for detailed information about Sustainvest’s brokerage practices.

Professional Fees

Fees do not include the services of any engaged by a client will be billed directly by such
professional(s).

Legacy Holdings

Assets under management generally include securities transferred into client accounts at
onboarding, including so-called legacy holdings, as such assets are monitored and managed
...

Item 7 - Types of Clients

A. Clients

Sustainvest offers Investment Management Services to individuals, trusts, estates,
charitable organizations, foundations, corporations and other business entities. .

B. Engaging the Services of Sustainvest

All clients wishing to engage Sustainvest for advisory services must enter into the applicable
advisory agreement with Sustainvest as well as any other document or questionnaire
provided by Sustainvest. The advisory agreement describes the services and responsibilities
of Sustainvest to the client. It also outlines Sustainvest’s advisory fees in detail. In addition,
clients must complete certain broker-dealer/custodial documentation. Upon completion of
these documents, Sustainvest will be considered engaged by the client. Clients execute a
Portfolio Management Agreement governing one or more managed accounts; advisory fees
are calculated and billed on a per-account basis, and any account subject to a negotiated or
different fee schedule is governed by a separate Portfolio Management Agreement reflecting
those terms.

Each client engagement will entail a review of the client's financial objective, risk tolerance,
sustainable investment criteria and other factors to develop an appropriate strategy for
managing a client's account. Client participation in this process, including full and accurate
disclosure of requested information, is essential for the analysis of a client's account.
Sustainvest shall rely on the financial and other information provided by the client or their
designees without the duty or obligation to validate the accuracy and completeness of the
provided information. It is the responsibility of the client to inform Sustainvest of any
changes in financial condition, goals or other factors that may affect this analysis.

C. Conditions for Managing Accounts

Sustainvest generally requires new Investment Management Services clients to have a
minimum investment portfolio of $100,000 to open an account. Sustainvest reserves the right
to waive these minimums.