Trunorth Capital Management LLC

Item 5: Fees and Compensation
A. Fee Schedule
TruNorth Capital receives a fee in arrears on a quarterly basis for our investment management services
based on a percentage of the client’s total assets under management, according to the following fee
schedule:

Assets Under Management                           Annual Fee Rate

Up to the first $2 million                        0.33%

Over $2 million                                   0.25%

Over $10 million                                  0.10%

Minimum Fee                                       $1,250/quarter

Each quarterly fee is calculated by multiplying the portfolio value as of the end of the prior quarter (as
determined by the custodian) by ¼ of the Adviser’s annual fee. Self-directed securities assets as
described in Item 4. B. (Types of Advisory Services), which are not managed TruNorth Capital, are
excluded from the above fee schedule.

We may aggregate client accounts with family or business relationships in order to determine the fee
schedule that applies as agreed upon by TruNorth Capital and the client at engagement. TruNorth
Capital reserves the right to limit the family or business relationship aggregation policy in our sole
discretion according to the circumstances.

The above fee schedule applies to client engagements effective on or after January 1st, 2023. TruNorth
Capital will continue to honor and apply the fee schedule as agreed upon with clients engaged prior to
January 1st, 2023.

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     TruNorth Capital Management, LLC · CRD 165285 · ADV Part 2A Brochure · May 28, 2026

For clients who engaged TruNorth Capital prior to January 1st, 2023, the Adviser will continue to honor
and apply the fee schedule as agreed upon in our executed client agreement.

One other exception to the 2023 fee schedule applies to clients transferring from an unaffiliated adviser
whereby TruNorth Capital has agreed to grandfather clients’ existing management fee schedule during
the transition process and for a time period as agreed between Adviser and client.

We retain the right to waive, or apply, our minimum fee based on client situations, which may include,
but are not limited to, consideration of family assets, future deposits, and current savings behavior. The
decision to waive, or begin to apply the stated minimum, will be documented in an updated service
agreement and applicable in the quarter following the agreed upon adjustment. TruNorth Capital’s
investment management fee may be higher or lower than may be available through other advisers
providing similar services.

While it is our general policy to apply the above-defined fees and costs to client accounts, clients may
ask to negotiate their fees and TruNorth will consider their individual situation. As a result, some client
circumstances could result in an annual fee lower than our stated fee. Any modification of our fee policy
may be granted in the sole discretion of management, subject to the facts and circumstances of each
individual client and/or account.

The client-initiated retirement and financial planning services performed by TruNorth Capital are
provided on a complimentary basis.

Selection of Other Advisers Fees

TruNorth may direct clients to third-party investment advisers. TruNorth will receive its standard fee on
top of the fee paid to the third party adviser. The fees shared are negotiable and will not exceed any
limit imposed by any regulatory agency. The notice of termination requirement and payment of fees for
third-party investment advisers will depend on the specific third-party adviser selected.

B. Payment of Fees
If the client pays fees directly to TruNorth, fees are due upon receipt of the invoice by the client. Client
should promptly notify TruNorth Capital with any questions or concerns in connection with the fee
calculation.

Unless paid directly to TruNorth Capital, clients authorize TruNorth Capital to deduct advisory fees from
their custodial accounts by way of their custodial forms and TruNorth Capital's client agreement.
TruNorth Capital adheres to the following criteria when payment is made via a qualified custodian as
required by the SEC’s Investment Advisers Act:

    1. Our client provides written authorization permitting the fees to be paid directly from the
       client’s account held by the independent qualified custodian and the authorization is limited
       to withdrawing contractually agreed upon investment management fees.
    2. Our client will directly receive regular account statements from the qualified custodian and
       these statements will reflect the Adviser’s fee deduction.

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     TruNorth Capital Management, LLC · CRD 165285 · ADV Part 2A Brochure · May 28, 2026

    3. The frequency of fee withdrawal shall be specified in TruNorth Capital’s client agreement.
    4. The custodian shall be advised in writing of the limitation on the Adviser’s access to the
       account.
    5. Our client shall be able to terminate the written billing authorization or agreement at any
       time.

If the designated account(s) do not contain sufficient funds to pay advisory fees, the client can leave
standing orders to deduct fees via other accounts. In the absence of alternate instructions, the
Adviser will issue an invoice for advisory fees to the client and fees are due upon receipt.

It is important to note that custodial firms do not verify advisory fees. Therefore, clients should
review their custodial statements carefully. If a client should have any questions or concerns in
connection with an advisory fee deduction, they should promptly contact TruNorth Capital.

If at any time during the engagement, our client fails to directly receive the regular statements
produced by the custodian, it is important for the client to promptly notify TruNorth Capital and the
custodial firm. If you move, it is vitally important to promptly notify the Adviser and the custodial
firm of your new address.
...

Item 7: Types of Clients
TruNorth Capital provides discretionary investment management services to individuals, high net worth
individuals and families, family offices, retirement plan participants, charitable foundations,
corporations, pension and profit-sharing plans. TruNorth Capital does not impose a minimum account
size to open an account or establish a relationship. As noted at Item 5 of this Brochure, the Adviser
charges a $1250 minimum quarterly fee.

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     TruNorth Capital Management, LLC · CRD 165285 · ADV Part 2A Brochure · May 28, 2026