Weis Advisory LLC

Item 5 – Fees and Compensation of the Disclosure Brochure for complete details on fees.

C. Fees
In the Weis Advisory Wrap program, clients pay Weis Advisory a single annual advisory fee for advisory services
and execution of transactions. Clients do not pay brokerage commissions, markups or transaction charges for
execution of transactions in addition to the advisory fee. The advisory fee is paid to Weis Advisory and is shared
between Weis Advisory and its associated persons.

The specific manner in which fees are charged by the firm is established in a client’s written agreement between the
client and Weis Advisory – up to 2% of assets under management. Clients can determine to engage the services of
Weis Advisory on a discretionary or non- discretionary basis. The firm’s annual investment advisory fee shall be
based upon a percentage (%) of the market value billed quarterly in advance based on the value on the last day of
the previous quarter.

    •    The advisory fee may be higher than the fee charged by other investment advisors for similar services.

    •    Weis Advisory does not accept performance-based fees for program accounts.

The advisory fees will be calculated and deducted on a quarterly basis in advance. If the advisory agreement is
terminated before the end of the quarterly period, the client is entitled to a pro-rated refund of any pre-paid
quarterly advisory fee based on the number of days remaining in the quarter after the termination date, which will
be processed by the custodian. Although clients do not pay a transaction charge for transactions in a program
account, clients should be aware that Weis Advisory pays the custodian transaction charges for the transactions.

    •    The transaction charges paid by Weis Advisory vary based on the type of transaction (e.g., mutual fund,
         equity or fixed income security) and range from $0 to $50.

    •    The cost to Weis Advisory of transaction charges may be a factor that Weis Advisory considers when
         deciding which securities to select and how frequently to place transactions in a program account.

Other Types of Fees and Charges
Program accounts will incur additional fees and charges from parties other than Weis Advisory as noted below.
These fees and charges are in addition to the advisory fee paid to Weis Advisory. Weis Advisory does not share
in any portion of these third-party fees.

The custodian and executing broker-dealer will impose certain fees and charges. Clients are notified of these
charges at account opening. The custodian will deduct these fees and charges directly from the client’s program
account.

There are other fees and charges that are imposed by other third parties that apply to investments in program
accounts. Some of these fees and charges are described below.

     •    If a client’s assets are invested in mutual funds or other pooled investment products, clients should be
          aware that there will be two layers of advisory fees and expenses for those assets. Clients pay an
          advisory fee to the fund manager and other expenses as a shareholder of the fund. Clients will also pay
          Weis Advisory the advisory fee with respect to those assets. Most of the mutual funds available in the
          program may be purchased directly. Therefore, clients could generally avoid the second layer of fees by

                                             Weis Advisory, LLC
                                     16400 Sheridan Ave. Clive, IA 50325
                                  Phone: (515) 978-2082 * Fax: (515) 978-2087

        not using the management services of Weis Advisory and by making their own investment decisions.

    •   Certain mutual funds impose fees and charges such as contingent deferred sales charges, early
        redemption fees and charges for frequent trading. These charges may apply if client transfers into or
        purchases such a fund with the applicable charges in a program account.

    •   Although only no-load and load-waived mutual funds can be purchased in a program account, clients
        should understand that some mutual funds pay asset based sales charges or service fees (e.g., 12b-1
        fees) to the custodian with respect to account holdings.

    •   If a client holds a variable annuity as part of an account, there are mortality, expense and administrative
        charges, fees for additional riders on the contract and charges for excessive transfers within a calendar
        year imposed by the variable annuity sponsor.

        Further information regarding fees assessed by a mutual fund, or variable annuity is available in the
        appropriate prospectus, which is available upon request from Weis Advisory or from the product
        sponsor directly.

Other Important Considerations

    •   The advisory fee is an ongoing wrap fee for investment advisory services, the execution of transactions
        and other administrative and custodial services. The advisory fee may cost the client more than
        purchasing the program services separately, for example, paying an advisory fee plus commissions for
        each transaction in the account. Factors that bear upon the cost of the account in relation to the cost of
        the same services purchased separately include the type and size of the account, historical and or
        expected size or number of trades for the account, and number and range of supplementary advisory
        and client-related services provided to the client.

    •   The advisory fee also may cost the client more than if assets were held in a traditional brokerage
        account. In a brokerage account, a client is charged a commission for each transaction, and the
        representative has no duty to provide ongoing advice with respect to the account. If the client plans to
        follow a buy and hold strategy for the account or does not wish to purchase ongoing investment advice
...

Item 7 – Types of Clients
The advisory services offered by Weis Advisory are available for individuals, individual retirement accounts (“IRAs”),
pension and profit-sharing plans, including plans subject to Employee Retirement Income Security Act of 1974
(“ERISA”), trusts, estates, charitable organizations, state and municipal government entities, corporations and other
business entities.

                                               Weis Advisory, LLC
                                       16400 Sheridan Ave. Clive, IA 50325
                                    Phone: (515) 978-2082 * Fax: (515) 978-2087

However, the firm generally provides investment advice to high net worth individuals and individuals with future
plans to offer advisory services to pension and profit-sharing plans as well as other corporations.