Wagner Loftin Investment Services LLC

Item 5: Fees & Compensation

Compensation for Our Advisory Services

Advisor Managed Portfolios:

The maximum annual fee that our firm may charge for this service will not exceed 1.25%. Annualized
fees are billed on a pro-rata basis quarterly in advance. Fees to be assessed will be outlined in the
separate SIS, and may be billed using the Linear or Tiered method, as defined further in the separate
SIS. Fees are negotiable and will be deducted from Client account(s). WLIS does not offer direct
invoicing. Adjustments will be made for deposits and withdrawals during the quarter if made in
excess of $10,000.

As part of this process, Clients understand the following:

    a) Client provides authorization permitting WLIS to be directly paid by its Broker Dealer
       according to the below terms;
    b) Client’s billing platform sends statements, at least quarterly, showing the market values for
       each security included in the Assets and all account disbursements, including the amount of
       the advisory fees paid to WLIS; and
    c) The fees will be billed to WLIS’s clearing firm, Pershing, and will then be paid to the Broker
       Dealer. If WLIS sends an invoice to the Client, a legend urging the comparison of information
       provided in the statement with those from the qualified custodian will be included.

Other Types of Fees & Expenses

Clients will incur transaction fees for trades executed by their chosen custodian, either based on a
percentage of the dollar amount of assets in the account(s) or via individual transaction charges.
These transaction fees are separate from our firm’s advisory fees and will be disclosed by the chosen
custodian.

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Our firm recommends Pershing LLC (“Pershing”) as a custodian for client accounts. Other major
custodians have recently eliminated transaction fees for all ETFs and U.S. listed equities, so clients
may pay more for investing in the same securities at Pershing.

Clients may also pay holdings charges imposed by the chosen custodian for certain investments,
charges imposed directly by a mutual fund, index fund, or exchange traded fund, which shall be
disclosed in the fund’s prospectus (e.g., fund management fees and other fund expenses), distribution
fees, surrender charges, variable annuity fees, IRA and qualified retirement plan fees, mark-ups and
mark-downs, spreads paid to market makers, fees for trades executed away from custodian, wire
transfer fees and other fees and taxes on brokerage accounts and securities transactions.

Termination & Refunds

Either party may terminate the advisory agreement signed with our firm for Advisor Managed
Portfolios services in writing at any time. Upon notice of termination our firm will process a pro-rata
refund of the unearned portion of the advisory fees charged in advance.

Commissionable Securities Sales

Representatives of our firm are registered representatives of Osaic Wealth, Inc., member
FINRA/SIPC. As such they are able to accept compensation for the sale of securities or other
investment products, including distribution or service (“trail”) fees. Clients should be aware that the
practice of accepting commissions for the sale of securities presents a conflict of interest and gives
our firm and/or our representatives an incentive to recommend investment products based on the
compensation received. Our firm generally addresses commissionable sales conflicts that arise when
explaining to clients these sales create an incentive to recommend based on the compensation to be
earned and/or when recommending commissionable mutual funds, explaining that “no-load” funds
are also available. Our firm does not prohibit clients from purchasing recommended investment
products through other unaffiliated brokers or agents.

Item 7: Types of Clients & Account Requirements

Our firm has the following types of clients:
   • Individuals and High Net Worth Individuals;
   • Trusts, Estates or Charitable Organizations;
   • Pension and Profit Sharing Plans;
   • Corporations, Limited Liability Companies and/or Other Business Types

Our firm does not impose requirements for opening and maintaining accounts or otherwise engaging
us.

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