Schedule 1: Scope of Services and Fee Structure

1. Scope of services

1. Vault will assist in the setup of the Vault Account for you, including a Broker Account, and you authorize us to provide the following services (collectively referred to as the “Vault Core Services”) in exchange for the Tiered Annual Platform Fee:

   1. at your request or instruction, provide you with investment advisory and other services (within a range as may be specified by us) in accordance with the terms of the Agreement;

   2. provide you with a Recommended Allocation for your personal Investment Strategy. This recommends that the balances in your Broker Account are allocated into one or more Investment Portfolios incorporating the various Investment Arrangements and balanced according to our assessment of what is suitable for you. This is based on our consideration of your responses to our risk tolerance questions and any other specific circumstances that you communicate to us; and

   3. transmit buy/sell trade orders on your behalf to Broker for execution, which will incur Broker fees, based on your instructions, including the Investment Strategy that you decide to adopt.

2. Additionally, Vault offers the following services for fees listed in section ‎2:

   1. “Vault Bespoke Advisory Services”: Personalized financial planning advice tailored to your individual needs.

   2. “Vault Alternative Investment Arranging Services”: Arranging private market investments, available only to clients classified as Professional Clients as defined under the FSRA Rulebook.

   3. “Vault SmartCash”: Arranging interest-bearing deposits to optimize cash management.

2. Fee Structure

Unless otherwise agreed in writing, the following fee structures will apply to your Vault Account and remain in effect until the account is terminated. These fees encompass the range of services provided to you by Vault under this Agreement and are subject to change as outlined in clause ‎16.1.

1. Tiered Annual Platform Fee: Applicable to new accounts opened on or after January 1, 2025 (existing clients as of December 31, 2024, will continue under their current fee billing structure unless they opt to migrate to the new terms):

   1. The first $100,000: 1.25% per year

   2. The next $400,000: 1.00% per year

   3. The next $500,000: 0.50% per year

   4. Above $1,000,000: 0.25% per year

   5. Funds exceeding $20 million: Free of charge

2. Vault Bespoke Advisory Hourly Fee:

   1. $500/hour for financial planning meetings.

   2. Applies solely to advisory and planning services and will be invoiced separately from any other services.

   3. Invoiced and payable within thirty (30) days of receipt.

3. Vault Alternative Investment Arranging Fee:

   1. One-time fee of 1-2% of the investment amount plus VAT.

   2. Invoiced and payable within thirty (30) days of receipt.

4. SmartCash Monthly Platform Fee:

   1. 0.7% per annum for account balances under 1,000,000 USD.

   2. 0.4% per annum for account balances over 1,000,000 USD.