Udine Wealth Management Inc

Item 5 – Fees and Compensation

The following paragraphs detail the fee structure and compensation methodology for services provided by the
Advisor. Each Client shall sign an investment advisory agreement that details the responsibilities of UWM and the
Client.

A. Fees for Advisory Services
UWM’s fee for investment advisory services varies depending on the amount of assets managed by UWM. Fees
for investment advisory services shall range from 0.50% to 2.00% annually based on several factors, including:
the complexity of the services to be provided, the level of assets to be managed, and the overall relationship with
the Advisor.

Investment advisory fees are calculated each trading day by the Custodian and paid daily to the Advisor, at the end
of each business day, pursuant to the terms of the Client’s independent agreement with the Custodian. The Advisor
does not have the authority to instruct the Custodian to deduct its fees. Investment advisory fees are based on the
market value of assets under management at the end of each business day. Fees may be negotiable at the sole
discretion of the Advisor. Investment advisory fees are calculated and deducted daily by the Client’s Custodian
under the Client’s direct agreement with the Custodian. Any modifications to the Client’s fee schedule will require
the Client to amend its agreement with the Custodian. All securities held in accounts managed by UWM will be
independently valued by the Custodian. The Advisor will conduct periodic reviews of the Custodian’s valuation to
ensure accurate billing

The Advisor’s fee is exclusive of and in addition to, brokerage fees, transaction fees, and other related costs and
expenses, which may be incurred by the Client. However, the Advisor shall not receive any portion of these
commissions, fees and costs.

B. Fee Billing
Investment advisory fees will be automatically calculated daily (each day the Custodian is open for trading) based
on the annualized rate and deducted each business day from the Client Account[s] by the Custodian. The
Custodian will provide an account statement to the Client no less frequently than quarterly that includes the details
of these fees. The Client may also view their account, at any time, on the Custodian’s website.
                                           Udine Wealth Management, Inc.                                                 5
                                  10425 Bernina Drive, Palm Beach Gardens, FL 33412
                                      Phone: (954) 258-4392 | www.UdineWealth.com

Investment advisory fees are calculated by applying the annual rate and dividing that fee by 252, the number of
trading days in a calendar year. Each billing will be for a single day, paid in arrears. At the close of business each
trade, the Custodian will transfer 1/252 of the annual fee to the UWM’s master account. Investment advisory fees
will fluctuate with the value of the Client’s account[s]. Clients will receive independent statements from the
Custodian every trade day. It is the responsibility of the Client to verify the accuracy of these fees as listed on the
Custodian’s statement as the Custodian does not assume this responsibility. The Client may review these fees
and the details of their Account[s] at any time by accessing their Account[s] via the Custodian’s Client access portal.

C. Other Fees and Expenses
Clients may incur certain fees or charges imposed by third parties, other than UWM, in connection with investments
made on behalf of the Client’s account[s]. The Client is responsible for all custody and securities execution fees
charged by the Custodian. The investment advisory fee charged by UWM is separate and distinct from these
custody and execution fees. Unaffiliated money managers and investment platforms may bundle their investment
management fees with these securities transaction costs.

In addition, all fees paid to UWM for investment advisory services are separate and distinct from the expenses
charged by mutual funds and ETFs to their shareholders. These fees and expenses are described in each fund’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 may be able to invest in certain investments, without the services of UWM, but would not receive access to
Advisor and Institutional shares classes. The Client also would not receive the services provided by UWM which
are designed, among other things, to assist the Client in determining which products or services are most
appropriate to each Client’s financial condition and objectives. Accordingly, the Client should review both the fees
charged by the fund[s] and the fees charged by UWM to fully understand the total fees to be paid. Please refer to

Item 7 – Types of Clients

UWM offers investment management services to individuals, high net worth individuals, trusts and estates. UWM
does not impose a minimum account size for its advisory services.

                                          Udine Wealth Management, Inc.                                               6
                                 10425 Bernina Drive, Palm Beach Gardens, FL 33412
                                     Phone: (954) 258-4392 | www.UdineWealth.com