W1M Wealth Management Limited

Item 5: Fees and compensation

W1M’s services, together with its use of a custodian, provide clients with two pricing models, known as Model
1 and Model 2. Details on each model can be found below.

Model 2 (assets not custodied under an arrangement with SEI)

W1M Wealth Management Limited is authorised and regulated by both by the Financial Conduct Authority of 12 Endeavour Square, London E20 1JN, with firm reference
number 120776 and the U.S. Securities and Exchange Commission of 100 F Street, NE Washington, DC 20549, with firm reference number 801-63787. Registered in
England and Wales, Company Number 02080604.                                                                                                                    5

                                                                                                                            Form ADV Part 2A

W1M charges most of its clients an annual investment management fee based on a percentage of the value of
the portfolios assets under management using the following schedule:

 Assets Under Management                             Annual fee
 Private clients                                     0.75% to 1.50%
 Small Institutional clients                         0.70% to 1.25%
 Large Institutional clients                         0.50% to 1.00%

In certain circumstances some clients may be charged a fixed fee.

W1M’s management fees are generally paid quarterly, in arrears, based on the value of the account(s) as of the
close of the previous quarter, adjusted for inflows and outflows during the quarter, or unless otherwise
negotiated with the client as provided for in the management agreement. Fees will generally be deducted
directly from the custody account pursuant to the written management agreement between W1M and the
client.

In addition to W1M’s investment management and custody fees, clients may be charged additional costs
including, but not limited to custody, execution and settlement costs and broker fees and transaction costs.
The services the Custodians provide to clients will be agreed between the client and the Custodian at the
outset of the relationship and fees will be collected directly from the client’s portfolio by the Custodian.

Fees may vary from the applicable schedule above due to particular client circumstances or as negotiated with
particular clients. W1M does not receive any revenue from commissions or other sales-based compensation.

Model 1 (assets custodied under an arrangement with SEI)

 Assets Under Management                             Annual fee
 On the first £5 million                             1.00% per annum
 On the next £10 million                             0.90% per annum
 On the next £10 million                             0.80% per annum
 Thereafter                                          0.70% per annum

For certain clients, management fees are generally paid quarterly, in arrears, based on the value of the
account(s) as of the close of the previous quarter, with adjustments for cash inflows and outflows during the
fee period. For other clients, management fees are paid quarterly, in arrears, based on the average daily value
of the account(s) over the previous quarter, without adjustment for interim movements in capital.

These arrangements are governed by the terms set out in the client agreement and applicable fee schedule
and may differ depending on the service model, account structure, or commercial negotiation.

Management fees will either be debited from the underlying portfolio or deducted directly from the Custody
account. These arrangements are governed by the terms set out in the client agreement and the applicable
fee schedule may differ depending on the service model, account structure, or commercial negotiation.

W1M Wealth Management Limited is authorised and regulated by both by the Financial Conduct Authority of 12 Endeavour Square, London E20 1JN, with firm reference
number 120776 and the U.S. Securities and Exchange Commission of 100 F Street, NE Washington, DC 20549, with firm reference number 801-63787. Registered in
England and Wales, Company Number 02080604.                                                                                                                    6

                                                                                                                            Form ADV Part 2A

For certain clients, a custody fee of 0.03% per annum is charged, in arrears, based on the daily average of the
value of the portfolio’s assets under management over the previous quarter. In certain circumstances some
clients may not be charged a custody fee.

Custody fees are debited from the underlying portfolio pursuant to the written agreement between W1M and
the client.

For certain clients, a charge of 0.1% will be applied to the value of any foreign exchange which takes place to
settle a transaction. W1M will use all endeavours to obtain the best spot foreign exchange (FX) rate for each
such transaction.

There are situations whereby additional administrative charges may apply and/or be passed onto you, such as
costs related to asset transfers or same day cash payments. For further information, please refer to your
applicable fee schedule.

These arrangements are governed by the terms set out in the client agreement and the applicable fee schedule
may differ depending on the service model, account structure, or commercial negotiation.

Advisory and/or investment management services may be terminated by either party upon written notice in
accordance with the applicable contractual notice of termination. If a client terminates the investment
management agreement with W1M in the middle of a billing period, W1M will invoice the client for an amount
that is pro-rated based on the number of days that the account was managed.

Investment advisory/and or investment management services begin with the effective date of the Agreement,
...

Item 7: Types of clients

W1M primarily provides customized wealth and investment management services to high-net-worth
individuals and associated trusts, family investment offices, pooled investment vehicles, estates, pension,
captive insurers and other legal entities. W1M requires a minimum account size of $1,000,000 however the
Adviser has discretion to waive the account minimum. Accounts of less than $1,000,000 may be set up when
the client and W1M anticipate that the client will add additional funds to the account bringing the total to
$1,000,000 within a reasonable time. Other exceptions will apply to employees of W1M and their relatives, or
relatives of existing clients.

The client’s chosen service and any related terms will be fully agreed at the outset of the relationship and clearly
stated in the portfolio documentation.