4 Separately Managed Account Personalized Investment Advice In forming the basis for its recommendations, BC will carefully review each client’s individual investment needs and objectives to determine which services or products are most suitable for that client. Investment services are based upon the recommendations of each individual consultation. Recommendations can vary depending on each consultation and their specific area of experience and individual need. Although the goal of all recommendations by BC is to increase investment performance and reduce risk, no guarantees can be made. All investors should be aware that past performance is no guarantee of future results. Compensation to BC is based upon the fee charged by BC for services provided. BC provides ongoing investment supervisory services to its clients. Investment Advice for Retirement Plans and Accounts When we provide investment advice to you regarding your retirement plan account or individual retirement account, we are fiduciaries within the meaning of Title I of the Employee Retirement Income Security Act and/or the Internal Revenue Code, as applicable, which are laws governing retirement accounts. The way we make money creates some conflicts with your interests, so we operate under a special rule that requires us to act in your best interest and not put our interests ahead of yours. Under this special rule’s provisions, we must: Meet a professional standard of care when making investment recommendations (give prudent advice); Never put our financial interests ahead of yours when making recommendations (give loyal advice); Avoid misleading statements about conflicts of interest, fees, and investments; Follow policies and procedures designed to ensure that we give advice that is in your best interest; Charge no more than is reasonable for our services; and Give you basic information about conflicts of interest. BC’s investment advising service provides oversight of investment portfolios on a discretionary basis and includes all of the following: Investment Policy Statement: BC will modify or draft a policy that specifies the client’s goals and objectives, as well as the asset allocation targets and ranges, and concludes with an acknowledgement section where client and advisor attest to these policies. Asset Allocation Study: Based on the client’s return objectives and risk tolerance, BC will assist the client in developing the appropriate asset allocation. Performance Reports: BC will utilize the resources of the client’s custodian to review client performance upon request of client and/or on annual performance reviews via phone or in-person. Educational Material: BC may conduct research on topics at the client’s request. These research studies are designed to open discussion on relevant investment topics, and to position the portfolio for future success. When deemed appropriate for separately managed account clients where BC exercises discretionary authority

and, without further approval from such clients, BC expects to invest a percentage of separately managed account assets in the Bridges Capital Tactical Equity ETF. Because the Firm will receive compensation as the Sub-Adviser to the ETF, the Firm will have a conflict of interest when recommending the ETF. BC maintains procedures to ensure that all recommendations are made in its clients’ best interest, regardless of the nature of its compensation. Sub-Advisory Services Fees BC provides sub-advisory services for an annual fee based on the percentage of the value of the assets that are sub-advised (“Sub-Advisory Fee”). BC’s fee will be payable from the unitary fee proposed within the ETF and borne by the adviser to the ETF. As a non-discretionary sub-adviser, BC will not receive any portion of commissions, transaction fees, or other brokerage costs generated by the ETF. The Sub-Advisory Fee will generally be calculated daily and levied on a monthly basis, in arrears, based upon the average net asset value of the ETF’s assets per month, calculated at the end of each month. Additional information about the fees charged to an investor in the ETF is available in the ETF’s prospectus and SAI, available upon request. Separately Managed Account Fees The following fee schedule is for BC only clients and does not pertain to clients of TFG. TFG is responsible for their own fee schedule and clients of TFG should consult with the Form ADV of TFG and their own account documents for accurate calculations of their specific fee schedule. Our general policy is to charge separately managed account fees in accordance with the fee schedule(s) in effect at that time; however, all BC fees and minimums are subject to negotiation. Existing advisory clients are subject to BC’s minimum account requirements and advisory fees in effect at the time the client entered into the advisory relationship. Generally, clients are billed directly from the portfolio of investments held unless the client chooses an alternative billing method. The manner in which we charge fees is set forth in the client’s advisory agreement. Fees are generally charged monthly in arrears and assessed in accordance with the following guidelines: Client accounts that were transferred from Claraphi Advisory Network LLC will continue to use their existing Fee Schedule on record. BC will rely on the documentation for fees provided by Claraphi Advisory Network LLC to determine appropriate fee percentage. Client agrees to pay BC an Investment Advisory Fee for its investment advisory services, determined, calculated and payable as detailed below. The Investment Advisory Fee is based on a percentage of client’s assets that BC managed and is calculated and charged in accordance with the following fee schedule: Assets under Management Annualized Fee Less than $1,000,000 1.50% $1,000,000 to $2,999,999 1.15% $3,000,000 and above 1.00% SAMPLE CALCULATION.