AMENDED SCHEDULE A
DATED JULY 31, 2026
TO THE
AMENDED AND RESTATED
INVESTMENT ADVISORY AGREEMENT
BETWEEN
ULTIMUS MANAGERS TRUST
AND
Q3 ASSET MANAGEMENT CORPORATION
| Name of Fund | Fee* | ||
| Q3 All-Season Systematic Opportunities Fund | 1.00% | ||
| Q3 All-Season Active Rotation ETF | 0.65% | ||
| Q3 All-Season Tactical Advantage ETF | 1.35% | ||
| Q3 All-Season Total Return Fund | 1.00% |
* As a percent of average daily net assets. Note, however, that the Adviser shall have the right, but not the obligation, to voluntarily waive any portion of the advisory fee from time to time.
In Witness Whereof, the parties hereto have caused this Agreement to be executed as of the day and the year first written above.
| Ultimus Managers Trust, on behalf of the Funds | Q3 Asset Management Corporation | |
|
By: /s/ Todd E. Heim |
By: /s/ Brad Giaimo | |
|
Name: Todd E. Heim Title: President |
Name: Brad Giaimo Title: Principal |