Common use of CUSTODIAN ACCEPTANCE Clause in Contracts

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or Via Overnight Delivery 00000 Xxxxxx Xxxxxx, Suite 2 Omaha, NE 68130 Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 WHAT DOES MUTUAL FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Mutual Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't share For joint marketing with other financial companies. NO We don't share For our affiliates' everyday business purposes - information about your transactions and records. NO We don't share For our affiliates' everyday business purposes - information about your credit worthiness. NO We don't share For our affiliates to market to you NO We don't share For non-affiliates to market to you NO We don't share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE What we do: How does Mutual Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust collect my personal information? We collect your personal information, for example, when you • open an account or deposit money • direct us to buy securities or direct us to sell your securities • seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't I limit all sharing? Federal law gives you the right to limit only: • sharing for affiliates' everyday business purposes – information about your creditworthiness. • affiliates from using your information to market to you. • sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust doesn't share with non-affiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free (free: 000) -000-0000 Catalyst Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fax: 0-000-000-0000 In Writing The Xxxxxx Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or or Via Overnight Delivery 00000 Xxxxxx Xxxxxx0000 X 000xx Xx, Suite 2 OmahaXxxxx 000 Elkhorn, NE 68130 68022 Internet xxx.xxxxxxxxxx.xxx Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Northern Lights Fund Trust III Rev. June 2011 February 2014 WHAT DOES MUTUAL NORTHERN LIGHTS FUND SERIES TRUST III DO WITH YOUR PERSONAL INFORMATION? Why? FACTS Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. Why? What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • ▪ Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history ▪ Purchase History ▪ Assets ▪ Account Balances ▪ Retirement Assets ▪ Account Transactions ▪ Transaction History ▪ Wire Transfer Instructions ▪ Checking Account Information When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Mutual Northern Lights Fund Series Trust III chooses to share; and whether you can limit this sharing. How? Reasons we can share your personal information: Does Mutual Northern Lights Fund Series Trust III share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. you NO We don't share n’t share. For joint marketing with other financial companies. NO We don't share n’t share. For our affiliates' everyday business purposes - information about your transactions and recordsexperiences. NO We don't share n’t share. For our affiliates' everyday business purposes - information about your credit worthiness. NO We don't share For our affiliates to market to you NO We don't share n’t share. For non-affiliates to market to you NO We don't share n’t share. QUESTIONS? Call 0-000-000(000)-000-0000 PRIVACY NOTICE Northern Lights Fund Trust III Who we are: Who is providing this notice? Northern Lights Fund Trust III What we do: How does Mutual Northern Lights Fund Series Trust III protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Northern Lights Fund Series Trust III collect my personal information? We collect your personal information, for example, when you • you: ▪ open an account ▪ Provide account information ▪ Give us your contact information ▪ Make deposits or deposit withdrawals from your account ▪ Make a wire transfer ▪ Tell us where to send the money • direct ▪ Tell us to buy securities or direct us to sell who receives the money ▪ Show your securities • seek advice about government-issued ID ▪ Show your investments driver’s license We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • ▪ sharing for affiliates' everyday business purposes – –information about your creditworthiness. • ▪ affiliates from using your information to market to you. • ▪ sharing for nonaffiliates non-affiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust doesn't share with non-affiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company First National Bank of Omaha will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust CompanyFirst National Bank of Omaha’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free (free: 000) -000-0000 Catalyst Fax: 0-000-000-0000 In Writing Zacks Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or or Via Overnight Delivery 00000 Xxxxxx Xxxxxx0000 X 000xx Xx, Suite 2 OmahaXxxxx 000 Elkhorn, NE 68130 68022 Internet xxx.xxxxxxxxxx.xxx Distributed by Northern Lights DistributorsDistributor, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 December 2023 FACTS WHAT DOES MUTUAL FUND SERIES TRUST DO THE ZACKS FUNDS (THE “FUNDS”) DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends depend on the product or service that you have with us. This information can include: • ▪ Social Security number ▪ account balances and account transactions ▪ account transactions, transaction or loss history and purchase history ▪ checking account information and wire transfer instructions • account transactions and transaction history • investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Fund Series Trust chooses the Funds choose to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share information? Can you limit this sharinginformation Do the Funds share? For our everyday business purposes - purposes— such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO bureaus Yes For our marketing purposes - purposes— to offer our products and services to you. NO We don't share you No For joint marketing with other financial companies. NO We don't share companies No For our affiliates' ’ everyday business purposes - purposes— information about your transactions and records. NO We don't share experiences No For our affiliates' ’ everyday business purposes - purposes— information about your credit worthiness. NO We don't share creditworthiness No For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't share QUESTIONSNo Questions? Call 0-000-000-0000 PRIVACY NOTICE Who we are Who is providing this notice? Zacks Trust Ultimus Fund Distributors, LLC (Distributor) Ultimus Fund Solutions, LLC (Administrator) What we do: do How does Mutual the Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual the Fund Series Trust collect my personal information? We collect your personal information, for example, when you • ▪ open an account or deposit money • direct us to ▪ buy securities from us or direct sell securities to us ▪ make deposits or withdrawals from your account provide account information ▪ give us your account information ▪ make a wire transfer ▪ tell us who receives the money ▪ tell us where to sell send the money ▪ show your securities • seek advice about government-issued ID ▪ show your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. driver's license Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • only ▪ sharing for affiliates' ’ everyday business purposes – purposes—information about your creditworthiness. • creditworthiness ▪ affiliates from using your information to market to you. • you ▪ sharing for nonaffiliates to market to you. you State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust doesn't share with non-affiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company First National Bank of Omaha will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust CompanyFirst National Bank of Omaha’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free (free: 000) -000-0000 Catalyst Fax: 0-000-000-0000 In Writing Xxxxx Advantage Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha46707 Cincinnati, NE 68154 Or OH 45246 or Via Overnight Delivery 00000 Xxxxxx Xxxxxx000 Xxxxxxxx Xx, Suite 2 OmahaXxxxx 000 Cincinnati, NE 68130 OH 45246 Internet xxx.xxxxxxxxxxxxxxx.xxx Distributed by Northern Lights Ultimus Fund Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Xxxxx Advantage Funds Rev. June 2011 January 2022 FACTS WHAT DOES MUTUAL FUND SERIES TRUST XXXXX ADVANTAGE FUNDS DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Fund Series Trust Xxxxx Xxxxxxxxx Funds chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust Xxxxx Xxxxxxxxx Funds share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. YES NO We don't share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your credit worthiness. NO We don't n’t share For our affiliates to market to you NO We don't n’t share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-00-XXXXX (0-000-0000 000-0000) PRIVACY NOTICE Xxxxx Advantage Funds What we do: How does Mutual Fund Series Trust Xxxxx Advantage Funds protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust Xxxxx Advantage Funds collect my personal information? We collect your personal information, for example, when you • open an and account or deposit money • direct us to buy securities or direct us to sell your securities • seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. • affiliates from using your information to market to you. • sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust doesn't share with non-affiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst Funds xxx.xxxxxxxxxx.xxx SIERRA MUTUAL FUNDS xxx.xxxxxxxxxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or Via Overnight Delivery 00000 Xxxxxx Xxxxxx, Suite 2 Omaha, NE 68130 Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL NORTHERN LIGHTS FUND SERIES TRUST Rev. June 2011 February 2014 FACTS WHAT DOES MUTUAL NORTHERN LIGHTS FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: •  Social Security number and wire transfer instructions •  account transactions and transaction history •  investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Northern Lights Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Northern Lights Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your credit worthiness. NO We don't n’t share For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE NORTHERN LIGHTS FUND TRUST Page 2 What we do: How does Mutual Northern Lights Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Northern Lights Fund Series Trust collect my personal information? We collect your personal information, for example, when you •  open an account or deposit money •  direct us to buy securities or direct us to sell your securities •  seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: •  sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. •  affiliates from using your information to market to you. •  sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual  Northern Lights Fund Series Trust has no does not share with our affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual  Northern Lights Fund Series Trust doesn't does not share with non-affiliates nonaffiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst HCM Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund ServicesXX Xxx 000000 Xxxxx, LLC PO Box 541150 Omaha, NE 68154 XX 00000 Or Via Overnight Delivery 00000 Xxxxxx 0000 X. 000xx Xxxxxx, Suite 2 OmahaXxxxx 000 Xxxxxxx, NE 68130 XX 00000 xxx.xxxxxxxxxxxxx.xxx Distributed by Northern Lights Distributors, LLC Rev. February 2014 PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL NORTHERN LIGHTS FUND SERIES TRUST III DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends depend on the product or service that you have with us. This information can include: •  Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history  Purchase History  Assets  Account Balances  Retirement Assets  Account Transactions  Transaction History  Wire Transfer Instructions  Checking Account Information When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Mutual Northern Lights Fund Series Trust III chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: information Does Mutual Northern Lights Fund Series Trust share informationIII share? Can you limit this sharing? For our everyday business purposes - – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO bureaus Yes No For our marketing purposes - – to offer our products and services to you. NO you No We don't share For joint marketing with other financial companies. NO companies No We don't share For our affiliates' everyday business purposes - – information about your transactions and records. NO experiences No We don't share For our affiliates' everyday business purposes - – information about your credit worthiness. NO creditworthiness No We don't share For our affiliates nonaffiliates to market to you NO No We don't share For non-affiliates to market to you NO We don't share QUESTIONSQuestions? Call 0-(000-) 000-0000 PRIVACY NOTICE Who we are Who is providing this notice? Northern Lights Fund Trust III What we do: do How does Mutual Northern Lights Fund Series Trust III protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Northern Lights Fund Series Trust III collect my personal information? We collect your personal information, for example, when you • open  Open an account  Provide account information  Give us your contact information  Make deposits or deposit withdrawals from your account  Make a wire transfer  Tell us where to send the money • direct  Tells us to buy securities or direct us to sell who receives the money  Show your securities • seek advice about government-issued ID  Show your investments driver's license We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't I limit all sharing? Federal law gives you the right to limit only: • sharing only ▪ Sharing for affiliates' everyday business purposes – information about your creditworthiness. • affiliates creditworthiness ▪ Affiliates from using your information to market to you. • sharing you ▪ Sharing for nonaffiliates to market to you. you State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual  Northern Lights Fund Series Trust has no III does not share with our affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • Mutual nonfinancial companies  Northern Lights Fund Series Trust doesn't III does not share with non-affiliates nonaffiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free free: (000) 000-0000 Catalyst Fax: 0-000-000-0000 In Writing Pinnacle Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or or Via Overnight Delivery 00000 Xxxxxx Xxxxxx0000 X 000xx Xx, Suite 2 OmahaXxxxx 000 Elkhorn, NE 68130 68022 Internet xxxxxxxxxxxxxxxxxxxx.xxx Distributed by Northern Lights Distributors, LLC Rev. February 2014 PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL NORTHERN LIGHTS FUND SERIES TRUST III DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends depend on the product or service that you have with us. This information can include: • ▪ Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history ▪ Purchase History ▪ Assets ▪ Account Balances ▪ Retirement Assets ▪ Account Transactions ▪ Transaction History ▪ Wire Transfer Instructions ▪ Checking Account Information When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Mutual Northern Lights Fund Series Trust III chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: information Does Mutual Northern Lights Fund Series Trust share informationIII share? Can you limit this sharing? For our everyday business purposes - – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO bureaus Yes No For our marketing purposes - – to offer our products and services to you. NO you No We don't share For joint marketing with other financial companies. NO companies No We don't share For our affiliates' everyday business purposes - – information about your transactions and records. NO experiences No We don't share For our affiliates' everyday business purposes - – information about your credit worthiness. NO creditworthiness No We don't share For our affiliates nonaffiliates to market to you NO No We don't share For non-affiliates to market to you NO We don't share QUESTIONSQuestions? Call 0-(000-) 000-0000 PRIVACY NOTICE Who we are Who is providing this notice? Northern Lights Fund Trust III What we do: do How does Mutual Fund Series Trust protect my personal information? Northern To protect your personal information from unauthorized access and use, we use Lights Fund Trust III security measures that comply with federal law. These measures include protect my personal computer safeguards and secured files and buildings. information? Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust collect my personal information? Northern We collect your personal information, for example, when you • open Lights Fund Trust III ▪ Open an account collect my personal ▪ Provide account information information? ▪ Give us your contact information ▪ Make deposits or deposit withdrawals from your account ▪ Make a wire transfer ▪ Tell us where to send the money • direct ▪ Tells us to buy securities or direct us to sell who receives the money ▪ Show your securities • seek advice about government-issued ID ▪ Show your investments driver's license We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't I limit all sharing? Federal law gives you the right to limit only: • sharing only ▪ Sharing for affiliates' everyday business purposes – information about your creditworthiness. • affiliates creditworthiness ▪ Affiliates from using your information to market to you. • sharing you ▪ Sharing for nonaffiliates to market to you. you State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual ▪ Northern Lights Fund Series Trust has no III does not share with our affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • Mutual nonfinancial companies ▪ Northern Lights Fund Series Trust doesn't III does not share with non-affiliates nonaffiliates so they can market to you. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. ▪ Northern Lights Fund Trust III doesn’t jointly market.

CUSTODIAN ACCEPTANCE. Constellation Trust Company First National Bank of Omaha will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust CompanyFirst National Bank of Omaha’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free free: 844.822.3837 (844.TCB.ETFS) Fax: 0-000) -000-0000 Catalyst In Writing Texas Capital Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha46707 Cincinnati, NE 68154 Or OH 45246 or Via Overnight Delivery 00000 Xxxxxx Xxxxxx000 Xxxxxxxx Xx, Suite 2 OmahaXxxxx 000 Cincinnati, NE 68130 OH 45246 Internet xxx.xxxxxxxxxxxx.xxx/xxx-xxxxx-xxxxxxxxxx Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL TEXAS CAPITAL GOVERNMENT MONEY MARKET FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives la consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that s you have with us. This information can include: • Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history When you are no longer our customer, we continue to share your information as described in de this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their th customers' ’ personal information; the reasons Mutual Fund Series Trust chooses to share; and whether you can limit yo this sharing. Reasons we can share your personal information: Does Mutual the Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your credit worthiness. NO We don't n’t share For our affiliates nonaffiliates to market to you NO We don't n’t share For non-affiliates w gives to market to tell you NO We don't share carefully ervice that scribed in everyday eir u can limit QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE Who we are: Who is providing this notice? Texas Capital Government Money Market Fund Northern Lights Distributors, LLC (Distributor) Ultimus Fund Solutions, LLC (Administrator) What we do: How does Mutual the Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual the Fund Series Trust collect my personal information? We collect your personal information, for example, when you • open an account or deposit money • direct us to buy securities or direct us to sell your securities • seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. • affiliates from using your information to market to you. • sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Texas Capital Bank Private Wealth Advisors, the investment adviser to the Fund, could be deemed to be an affiliate. • The Fund Series Trust has no does not share with affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual The Fund Series Trust doesn't does not share with non-affiliates nonaffiliates so they can market to you. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. • The Fund doesn’t jointly market. . . . . . . Xxxx . . . . . IRA . ............................ . . Individual Retirement Account . . . . . . . . . .

CUSTODIAN ACCEPTANCE. Constellation Trust Company First National Bank of Omaha will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust CompanyFirst National Bank of Omaha’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free free: (000) 000-0000 Catalyst Fax: 0-000-000-0000 In Writing Oak Harvest Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha46707 Cincinnati, NE 68154 Or OH 45246 or Via Overnight Delivery 00000 Xxxxxx Xxxxxx000 Xxxxxxxx Xx, Suite 2 OmahaXxxxx 000 Cincinnati, NE 68130 OH 45246 Internet xxx.xxxxxxxxxxxxxxx.xxx Distributed by Northern Lights Ultimus Fund Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 December 2023 FACTS WHAT DOES MUTUAL OAK HARVEST LONG/SHORT EQUITY HEDGED FUND SERIES TRUST (THE “FUND”) DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends depend on the product or service that you have with us. This information can include: • ▪ Social Security number ▪ account balances and account transactions ▪ account transactions, transaction or loss history and purchase history ▪ checking account information and wire transfer instructions • account transactions and transaction history • investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual the Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: information Does Mutual the Fund Series Trust share information? Can you limit this sharingshare? For our everyday business purposes - purposes— such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO bureaus Yes For our marketing purposes - purposes— to offer our products and services to you. NO We don't share you No For joint marketing with other financial companies. NO We don't share companies No For our affiliates' ’ everyday business purposes - purposes— information about your transactions and records. NO We don't share experiences No For our affiliates' ’ everyday business purposes - purposes— information about your credit worthiness. NO We don't share creditworthiness No For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't share QUESTIONSNo Questions? Call 0-000-000-0000 PRIVACY NOTICE Who we are Who is providing this notice? Oak Harvest Long/Short Hedged Equity Fund Ultimus Fund Distributors, LLC (Distributor) Ultimus Fund Solutions, LLC (Administrator) What we do: do How does Mutual the Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual the Fund Series Trust collect my personal information? We collect your personal information, for example, when you • ▪ open an account or deposit money • direct us to ▪ buy securities from us or direct sell securities to us ▪ make deposits or withdrawals from your account provide account information ▪ give us your account information ▪ make a wire transfer ▪ tell us who receives the money ▪ tell us where to sell send the money ▪ show your securities • seek advice about government-issued ID ▪ show your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. driver's license Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • only ▪ sharing for affiliates' ’ everyday business purposes – purposes—information about your creditworthiness. • creditworthiness ▪ affiliates from using your information to market to you. • you ▪ sharing for nonaffiliates to market to you. you State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust doesn't share with non-affiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst Funds xxx.xxxxxxxxxx.xxx SIERRA MUTUAL FUNDS xxx.xxxxxxxxxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or Via Overnight Delivery 00000 Xxxxxx Xxxxxx, Suite 2 Omaha, NE 68130 Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Northern Lights Fund Trust Rev. June 2011 February 2014 FACTS WHAT DOES MUTUAL NORTHERN LIGHTS FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Northern Lights Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Northern Lights Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your credit worthiness. NO We don't n’t share For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE Northern Lights Fund Trust What we do: How does Mutual Northern Lights Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Northern Lights Fund Series Trust collect my personal information? We collect your personal information, for example, when you • open an account or deposit money • direct us to buy securities or direct us to sell your securities • seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. • affiliates from using your information to market to you. • sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Northern Lights Fund Series Trust has no does not share with our affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Northern Lights Fund Series Trust doesn't does not share with non-affiliates nonaffiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company First National Bank of Omaha will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust CompanyFirst National Bank of Omaha’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free free: 844.822.3837 (844.TCB.ETFS) Fax: 0-000) -000-0000 Catalyst In Writing Texas Capital Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha46707 Cincinnati, NE 68154 Or OH 45246 or Via Overnight Delivery 00000 Xxxxxx Xxxxxx000 Xxxxxxxx Xx, Suite 2 OmahaXxxxx 000 Cincinnati, NE 68130 OH 45246 Internet xxx.xxxxxxxxxxxx.xxx/xxx-xxxxx-xxxxxxxxxx Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL TEXAS CAPITAL GOVERNMENT MONEY MARKET FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives la consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that s you have with us. This information can include: • Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history When you are no longer our customer, we continue to share your information as described in de this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their th customers' ’ personal information; the reasons Mutual Fund Series Trust chooses to share; and whether you can limit yo this sharing. Reasons we can share your personal information: Does Mutual the Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your credit worthiness. NO We don't n’t share For our affiliates nonaffiliates to market to you NO We don't n’t share For non-affiliates w gives to market to tell you NO We don't share carefully ervice that scribed in everyday eir u can limit QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE Who we are: Who is providing this notice? Texas Capital Government Money Market Fund Northern Lights Distributors, LLC (Distributor) Ultimus Fund Solutions, LLC (Administrator) What we do: How does Mutual the Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual the Fund Series Trust collect my personal information? We collect your personal information, for example, when you • open an account or deposit money • direct us to buy securities or direct us to sell your securities • seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. • affiliates from using your information to market to you. • sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Texas Capital Bank Private Wealth Advisors, the investment adviser to the Fund, could be deemed to be an affiliate. • The Fund Series Trust has no does not share with affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual The Fund Series Trust doesn't does not share with non-affiliates nonaffiliates so they can market to you. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. • The Fund doesn’t jointly market. . . . SIMPLE . . . . IRA . . . . . ................................. . . SIMPLE . . . Individual . . Retirement . . Account . . .

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund Eventide Mutual Funds shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT UST O C ONT A C T U S: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst In Writing Eventide Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or or Via Overnight Delivery 00000 Xxxxxx Mail 0000 X. 000xx Xxxxxx, Suite 2 OmahaXxxxx 000 Elkhorn, NE 68130 68022 Online W W W .E VENTIDEF UND S . C OM Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • ෻ Social Security number and wire transfer instructions • ෻ account transactions and transaction history • ෻ investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - – to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - – information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - – information about your credit worthiness. NO We don't n’t share For our affiliates to market to you NO We don't n’t share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE What we do: do How does Mutual Fund Series Trust protect my personal information? How does Mutual Fund Series Trust collect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust collect my personal information? We collect your personal information, for example, when you • ෻ open an account or deposit money • ෻ direct us to buy securities or direct us to sell your securities • ෻ seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • ෻ sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. • ෻ affiliates from using your information to market to you. • ෻ sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • ෻ Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • ෻ Mutual Fund Series Trust doesn't does not share with non-non- affiliates so they can market to you.. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. ෻ Mutual Fund Series Trust does not jointly market. Questions? Call 0-000-000-0000

CUSTODIAN ACCEPTANCE. Constellation Trust Company First National Bank of Omaha will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust CompanyFirst National Bank of Omaha’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free (free: 0-000) -000-0000 Catalyst Fax: 0-000-000-0000 In Writing Fort Pitt Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha46707 Cincinnati, NE 68154 Or OH 45246 or Via Overnight Delivery 00000 Xxxxxx Xxxxxx000 Xxxxxxxx Xx, Suite 2 OmahaXxxxx 000 Cincinnati, NE 68130 OH 45246 Internet xxx.xxxxxxxxxxxxxxxxxxxx.xxx Distributed by Northern Lights Ultimus Fund Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL THE FORT PITT CAPITAL TOTAL RETURN FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual the Fund Series Trust chooses to share; and whether you can limit this sharing. How? Reasons we can share your personal information: Does Mutual the Fund Series Trust share information? Can you limit this personal information: information? sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your credit worthiness. NO We don't n’t share For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE Who we are: Who is providing this notice? Fort Pitt Capital Total Return Fund Ultimus Fund Distributors, LLC (Distributor) Ultimus Fund Solutions, LLC (Administrator and Transfer Agent) What we do: How does Mutual the Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual the Fund Series Trust collect my personal information? We collect your personal information, for example, when you • open an account or deposit money • direct us to buy securities or direct us to sell your securities • seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. • affiliates from using your information to market to you. • sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Fort Pitt Capital Group, LLC, the investment adviser to the Fund, could be deemed to be an affiliate. • The Fund Series Trust has no does not share with affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual The Fund Series Trust doesn't does not share with non-affiliates nonaffiliates so they can market to you. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. • The Fund doesn’t jointly market. . . . . . . Xxxx . . . . . IRA . ............................ . . Individual Retirement Account . . . . . . . . . .

CUSTODIAN ACCEPTANCE. Constellation Trust Company First National Bank of Omaha will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust CompanyFirst National Bank of Omaha’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free (free: 000) -000-0000 Catalyst Fax: 0-000-000-0000 In Writing Xxxxxx Xxxxxx & Xxxxxx Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha46707 Cincinnati, NE 68154 Or OH 45246 or Via Overnight Delivery 00000 Xxxxxx Xxxxxx000 Xxxxxxxx Xx, Suite 2 OmahaXxxxx 000 Cincinnati, NE 68130 OH 45246 Internet xxx.xxxxxxxx.xxx Distributed by Northern Lights Ultimus Fund Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL FUND SERIES TRUST XXXXXX XXXXXX & XXXXXX FUNDS DO WITH YOUR PERSONAL INFORMATION? WhyWHY? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. WhatWHAT? The types of personal information we collect and share depends depend on the product or service that you have with us. This information can include: • n Social Security number and wire transfer instructions • account transactions Checking Account Information n Account Balances and transaction history • investment experience Investment Experience n Transaction History and purchase history Wire Transfer Instructions When you are no longer our customer, we continue to share your information as described in this notice. HowHOW? All financial companies need to share customers' customer’s personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' customer’s personal information; the reasons Mutual Fund Series Trust Xxxxxx Xxxxxx & Xxxxxx Funds chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share informationREASONS WE CAN SHARE YOUR PERSONAL INFORMATION DOES XXXXXX XXXXXX & XXXXXX FUNDS SHARE? Can you limit this sharingCAN YOU LIMIT THIS SHARING? For our everyday business purposes - purposes— such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO bureaus Yes No For our marketing purposes - purposes— to offer our products and services to you. NO We don't share you Yes No For joint marketing with other financial companies. NO We don't share companies No N/A For our affiliates' ’ everyday business purposes - purposes— information about your transactions and records. NO We don't share experiences Yes No For our affiliates' ’ everyday business purposes - purposes— information about your credit worthiness. NO We don't share creditworthiness No N/A For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't share No N/A QUESTIONS? Call 0-(000-) 000-0000 PRIVACY NOTICE What we do: or go to xxx.xxxxxxxx.xxx WHO WE ARE Who is providing this notice? Xxxxxx Xxxxxx & Xxxxxx Funds WHAT WE DO How does Mutual Fund Series Trust Xxxxxx Xxxxxx & Xxxxxx Funds protect my personal information? To protect your personal information from unauthorized access and use, we use security usesecurity measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust Xxxxxx Xxxxxx & Xxxxxx Funds collect my personal information? We collect your personal information, for example, when you • open N Open an account or deposit money • direct Provide account information N Direct us to buy securities or direct Direct us to sell securities N Give us your securities • seek advice about your investments We also collect your personal contact information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • only N sharing for affiliates' ’ everyday business purposes – purposes—information about your creditworthiness. • creditworthiness N affiliates from using your information to market to you. • you N sharing for nonaffiliates to market to you. you State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions DEFINITIONS Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Fund Series Trust has no affiliatesN Our affiliates include companies with a Xxxxxx Xxxxxx & Xxxxxx name. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Fund Series Trust doesn't N Nonaffiliates we share with non-affiliates so they can include shareholder servicing and stock transfer agent companies. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. N Xxxxxx Xxxxxx & Xxxxxx Funds doesn’t jointly market. . . . SIMPLE . . . . IRA . . . . . ................................. . . SIMPLE . . . Individual . . Retirement . . Account . . .

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Toll-free (0-000) -000-0000 Catalyst AlphaCentric Funds xxx.xxxxxxxxxx.xxx xxx.XxxxxXxxxxxxXxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or Via Overnight Delivery 00000 Xxxxxx Xxxxxx, Suite 2 Omaha, NE 68130 Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 WHAT DOES MUTUAL FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Mutual Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't share For joint marketing with other financial companies. NO We don't share For our affiliates' everyday business purposes - information about your transactions and records. NO We don't share For our affiliates' everyday business purposes - information about your credit worthiness. NO We don't share For our affiliates to market to you NO We don't share For non-affiliates to market to you NO We don't share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE What we do: How does Mutual Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust collect my personal information? We collect your personal information, for example, when you • open an account or deposit money • direct us to buy securities or direct us to sell your securities • seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't I limit all sharing? Federal law gives you the right to limit only: • sharing for affiliates' everyday business purposes – information about your creditworthiness. • affiliates from using your information to market to you. • sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust doesn't share with non-affiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst Xxxxxxxx Xxxxxxxx Funds xxx.xxxxxxxxxx.xxx xxx.xxxxxxxxxxxxxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or Via Overnight Delivery 00000 Xxxxxx 0000 X. 000xx Xxxxxx, Suite 2 OmahaXxxxx 000 Elkhorn, NE 68130 68022 Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL NORTHERN LIGHTS FUND SERIES TRUST Rev. June 2011 February 2014 FACTS WHAT DOES MUTUAL NORTHERN LIGHTS FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: •  Social Security number and wire transfer instructions •  account transactions and transaction history •  investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Northern Lights Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Northern Lights Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your credit worthiness. NO We don't n’t share For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE NORTHERN LIGHTS FUND TRUST Page 2 What we do: How does Mutual Northern Lights Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Northern Lights Fund Series Trust collect my personal information? We collect your personal information, for example, when you •  open an account or deposit money •  direct us to buy securities or direct us to sell your securities •  seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: •  sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. •  affiliates from using your information to market to you. •  sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual  Northern Lights Fund Series Trust has no does not share with our affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual  Northern Lights Fund Series Trust doesn't does not share with non-affiliates nonaffiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst Funds xxx.xxxxxxxxxx.xxx CMG FUNDS xxx.xxxxxxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or Via Overnight Delivery 00000 Xxxxxx Xxxxxx, Suite 2 Omaha, NE 68130 Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL NORTHERN LIGHTS FUND SERIES TRUST Rev. June 2011 February 2014 FACTS WHAT DOES MUTUAL NORTHERN LIGHTS FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: •  Social Security number and wire transfer instructions •  account transactions and transaction history •  investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Northern Lights Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Northern Lights Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your credit worthiness. NO We don't n’t share For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE NORTHERN LIGHTS FUND TRUST Page 2 What we do: How does Mutual Northern Lights Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Northern Lights Fund Series Trust collect my personal information? We collect your personal information, for example, when you •  open an account or deposit money •  direct us to buy securities or direct us to sell your securities •  seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: •  sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. •  affiliates from using your information to market to you. •  sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual  Northern Lights Fund Series Trust has no does not share with our affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual  Northern Lights Fund Series Trust doesn't does not share with non-affiliates nonaffiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund Eventide Mutual Funds shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT UST O C ONT A C T U S: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst In Writing Eventide Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or or Via Overnight Delivery 00000 Xxxxxx Mail 0000 X. 000xx Xxxxxx, Suite 2 OmahaXxxxx 000 Elkhorn, NE 68130 68022 Online W W W .E VENTIDEF UND S . C OM Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • ෻ Social Security number and wire transfer instructions • ෻ account transactions and transaction history • ෻ investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - – to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - – information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - – information about your credit worthiness. NO We don't n’t share For our affiliates to market to you NO We don't n’t share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE What we do: do How does Mutual Fund Series Trust protect my personal information? How does Mutual Fund Series Trust collect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust collect my personal information? We collect your personal information, for example, when you • ෻ open an account or deposit money • ෻ direct us to buy securities or direct us to sell your securities • ෻ seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • ෻ sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. • ෻ affiliates from using your information to market to you. • ෻ sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • ෻ Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • ෻ Mutual Fund Series Trust doesn't does not share with non-non- affiliates so they can market to you.. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. ෻ Mutual Fund Series Trust does not jointly market. Questions? Call 0-000-000-0000 SIMPLE INDIVIDUAL RETIREMENT CUSTODIAL ACCOUNT AGREEMENT Form 5305‐SA under section 408(p) of the Internal Revenue Code. FORM (Rev. April 2017) The participant named on the application is establishing a savings incentive match plan for employees of small employers individual retirement account (SIMPLE IRA) under sections 408(a) and 408(p) to provide for his or her retirement and for the support of his or her beneficiaries after death. The custodian named on the application has given the participant the disclosure statement required by Regulations section 1.408‐6. The participant and the custodian make the following agreement:

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT UST O C ONT A C T U S: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst In Writing Eventide Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or or Via Overnight Delivery 00000 Xxxxxx 0000 X. 000xx Xxxxxx, Suite 2 OmahaXxxxx 000 Elkhorn, NE 68130 68022 Internet W W W .E VENTIDEF UND S . C OM Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 How? What? Why? FACTS WHAT DOES MUTUAL FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • ෻ Social Security number and wire transfer instructions • ෻ account transactions and transaction history • ෻ investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - – to offer our products and services to you. NO We don't share For joint marketing with other financial companies. NO We don't share For our affiliates' ’ everyday business purposes - – information about your transactions and records. NO We don't share For our affiliates' ’ everyday business purposes - – information about your credit worthiness. YES NO NO We don't n’t share NO We don’t share NO We don’t share NO We don’t share For our affiliates to market to you NO We don't n’t share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE What we do: do How does Mutual Fund Series Trust protect my personal information? How does Mutual Fund Series Trust collect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust collect my personal information? We collect your personal information, for example, when you • ෻ open an account or deposit money • ෻ direct us to buy securities or direct us to sell your securities • ෻ seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • ෻ sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. • ෻ affiliates from using your information to market to you. • ෻ sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • ෻ Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • ෻ Mutual Fund Series Trust doesn't does not share with non-non- affiliates so they can market to you. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. ෻ Mutual Fund Series Trust does not jointly market.

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund Eventide Mutual Funds shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT UST O C ONT A C T U S: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst In Writing Eventide Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or or Via Overnight Delivery 00000 Xxxxxx Mail 0000 X. 000xx Xxxxxx, Suite 2 OmahaXxxxx 000 Elkhorn, NE 68130 68022 Online W W W .E VENTIDEF UND S . C OM Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • ෻ Social Security number and wire transfer instructions • ෻ account transactions and transaction history • ෻ investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - – to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - – information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - – information about your credit worthiness. NO We don't n’t share For our affiliates to market to you NO We don't n’t share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE What we do: do How does Mutual Fund Series Trust protect my personal information? How does Mutual Fund Series Trust collect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust collect my personal information? We collect your personal information, for example, when you • ෻ open an account or deposit money • ෻ direct us to buy securities or direct us to sell your securities • ෻ seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • ෻ sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. • ෻ affiliates from using your information to market to you. • ෻ sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • ෻ Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • ෻ Mutual Fund Series Trust doesn't does not share with non-non- affiliates so they can market to you. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. ෻ Mutual Fund Series Trust does not jointly market.

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Toll-free (0-000) -000-0000 Catalyst Absolute Capital Funds xxx.xxxxxxxxxx.xxx xxx.xxxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or Via Overnight Delivery 00000 Xxxxxx 0000 X. 000xx Xxxxxx, Suite 2 OmahaXxxxx 000 Elkhorn, NE 68130 68022 Distributed by Northern Lights Distributors, LLC Rev. February 2014 PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL NORTHERN LIGHTS FUND SERIES TRUST III DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends depend on the product or service that you have with us. This information can include: •  Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history  Purchase History  Assets  Account Balances  Retirement Assets  Account Transactions  Transaction History  Wire Transfer Instructions  Checking Account Information When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Mutual Northern Lights Fund Series Trust III chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: information Does Mutual Northern Lights Fund Series Trust share informationIII share? Can you limit this sharing? For our everyday business purposes - – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO bureaus Yes No For our marketing purposes - – to offer our products and services to you. NO you No We don't share For joint marketing with other financial companies. NO companies No We don't share For our affiliates' everyday business purposes - – information about your transactions and records. NO experiences No We don't share For our affiliates' everyday business purposes - – information about your credit worthiness. NO creditworthiness No We don't share For our affiliates nonaffiliates to market to you NO No We don't share For non-affiliates to market to you NO We don't share QUESTIONSQuestions? Call 0-(000-) 000-0000 PRIVACY NOTICE Who we are Who is providing this notice? Northern Lights Fund Trust III What we do: do How does Mutual Northern Lights Fund Series Trust III protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Northern Lights Fund Series Trust III collect my personal information? We collect your personal information, for example, when you • open  Open an account  Provide account information  Give us your contact information  Make deposits or deposit withdrawals from your account  Make a wire transfer  Tell us where to send the money • direct  Tells us to buy securities or direct us to sell who receives the money  Show your securities • seek advice about government-issued ID  Show your investments driver's license We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't I limit all sharing? Federal law gives you the right to limit only: • sharing only ▪ Sharing for affiliates' everyday business purposes – information about your creditworthiness. • affiliates creditworthiness ▪ Affiliates from using your information to market to you. • sharing you ▪ Sharing for nonaffiliates to market to you. you State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual  Northern Lights Fund Series Trust has no III does not share with our affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • Mutual nonfinancial companies  Northern Lights Fund Series Trust doesn't III does not share with non-affiliates nonaffiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or Via Overnight Delivery 00000 Xxxxxx 0000 X. 000xx Xxxxxx, Suite 2 OmahaXxxxx 000 Elkhorn, NE 68130 68022 Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 WHAT DOES MUTUAL FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' personal information; the reasons Mutual Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't share For joint marketing with other financial companies. NO We don't share For our affiliates' everyday business purposes - information about your transactions and records. NO We don't share For our affiliates' everyday business purposes - information about your credit worthiness. NO We don't share For our affiliates to market to you NO We don't share For non-affiliates to market to you NO We don't share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE What we do: How does Mutual Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust collect my personal information? We collect your personal information, for example, when you • open an account or deposit money • direct us to buy securities or direct us to sell your securities • seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't I limit all sharing? Federal law gives you the right to limit only: • sharing for affiliates' everyday business purposes – information about your creditworthiness. • affiliates from using your information to market to you. • sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust doesn't share with non-affiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT UST O C ONT A C T U S: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst In Writing Eventide Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or or Via Overnight Delivery 00000 Xxxxxx 0000 X. 000xx Xxxxxx, Suite 2 OmahaXxxxx 000 Elkhorn, NE 68130 68022 Internet W W W .E VENTIDEF UND S . C OM Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 How? What? Why? FACTS WHAT DOES MUTUAL FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • ෻ Social Security number and wire transfer instructions • ෻ account transactions and transaction history • ෻ investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - – such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - – to offer our products and services to you. NO We don't share For joint marketing with other financial companies. NO We don't share For our affiliates' ’ everyday business purposes - – information about your transactions and records. NO We don't share For our affiliates' ’ everyday business purposes - – information about your credit worthiness. YES NO NO We don't n’t share NO We don’t share NO We don’t share NO We don’t share For our affiliates to market to you NO We don't n’t share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE What we do: do How does Mutual Fund Series Trust protect my personal information? How does Mutual Fund Series Trust collect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust collect my personal information? We collect your personal information, for example, when you • ෻ open an account or deposit money • ෻ direct us to buy securities or direct us to sell your securities • ෻ seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • ෻ sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. • ෻ affiliates from using your information to market to you. • ෻ sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • ෻ Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • ෻ Mutual Fund Series Trust doesn't does not share with non-non- affiliates so they can market to you. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. ෻ Mutual Fund Series Trust does not jointly market.

CUSTODIAN ACCEPTANCE. Constellation Trust Company First National Bank of Omaha will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust CompanyFirst National Bank of Omaha’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free (free: 000) -000-0000 Catalyst Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fax: 0-000-000-0000 In Writing Xxxxxxx Growth Fund Services, LLC PO Box 541150 Omaha46707 Cincinnati, NE 68154 Or OH 45246 or Via Overnight Delivery 00000 Xxxxxx Xxxxxx000 Xxxxxxxx Xx, Suite 2 OmahaXxxxx 000 Cincinnati, NE 68130 OH 45246 Internet xxx.xxxxxxxxxxxx.xxx/xxxxxxxxxxxxx Distributed by Northern Lights Ultimus Fund Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL FUND SERIES TRUST XXXXXX XXXXXX & XXXXXX FUNDS DO WITH YOUR PERSONAL INFORMATION? WhyWHY? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. WhatWHAT? The types of personal information we collect and share depends depend on the product or service that you have with us. This information can include: • n Social Security number and wire transfer instructions • account transactions Checking Account Information n Account Balances and transaction history • investment experience Investment Experience n Transaction History and purchase history Wire Transfer Instructions When you are no longer our customer, we continue to share your information as described in this notice. HowHOW? All financial companies need to share customers' customer’s personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' customer’s personal information; the reasons Mutual Fund Series Trust Xxxxxx Xxxxxx & Xxxxxx Funds chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share informationREASONS WE CAN SHARE YOUR PERSONAL INFORMATION DOES XXXXXX XXXXXX & XXXXXX FUNDS SHARE? Can you limit this sharingCAN YOU LIMIT THIS SHARING? For our everyday business purposes - purposes— such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO bureaus Yes No For our marketing purposes - purposes— to offer our products and services to you. NO We don't share you Yes No For joint marketing with other financial companies. NO We don't share companies No N/A For our affiliates' ’ everyday business purposes - purposes— information about your transactions and records. NO We don't share experiences Yes No For our affiliates' ’ everyday business purposes - purposes— information about your credit worthiness. NO We don't share creditworthiness No N/A For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't share No N/A QUESTIONS? Call 0-(000-) 000-0000 PRIVACY NOTICE What we do: or go to xxx.xxxxxxxx.xxx WHO WE ARE Who is providing this notice? Xxxxxx Xxxxxx & Xxxxxx Funds WHAT WE DO How does Mutual Fund Series Trust Xxxxxx Xxxxxx & Xxxxxx Funds protect my personal information? To protect your personal information from unauthorized access and use, we use security usesecurity measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust Xxxxxx Xxxxxx & Xxxxxx Funds collect my personal information? We collect your personal information, for example, when you • open N Open an account or deposit money • direct Provide account information N Direct us to buy securities or direct Direct us to sell securities N Give us your securities • seek advice about your investments We also collect your personal contact information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • only N sharing for affiliates' ’ everyday business purposes – purposes—information about your creditworthiness. • creditworthiness N affiliates from using your information to market to you. • you N sharing for nonaffiliates to market to you. you State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions DEFINITIONS Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Fund Series Trust has no affiliatesN Our affiliates include companies with a Xxxxxx Xxxxxx & Xxxxxx name. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Fund Series Trust doesn't N Nonaffiliates we share with non-affiliates so they can include shareholder servicing and stock transfer agent companies. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. N Xxxxxx Xxxxxx & Xxxxxx Funds doesn’t jointly market. . . . . . . Xxxx . . . . . IRA . ............................ . . Individual Retirement Account . . . . . . . . . .

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst Funds xxx.xxxxxxxxxx.xxx LEADER FUNDS xxx.xxxxxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box P O BOX 541150 Omaha, NE 68154 Or Via Overnight Delivery 00000 Xxxxxx Xxxxxx, Suite 2 Omaha, NE 68130 Distributed by Northern Lights DistributorsCeros Financial Services, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 Inc. Privacy Notice LEADER FUNDSTRUST March 2019 FACTS WHAT DOES MUTUAL FUND SERIES LEADER FUNDS TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: • Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Fund Series Leader Funds Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Leader Funds Trust share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your credit worthiness. NO We don't n’t share For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-0-(000) 000-0000 PRIVACY NOTICE What we do: How does Mutual Fund Series Leader Funds Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Leader Funds Trust collect my personal information? We collect your personal information, for example, when you • open an account or deposit money • direct us to buy securities or direct us to sell your securities • seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. • affiliates from using your information to market to you. • sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Fund Series Leader Funds Trust has no does not share with our affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Fund Series Leader Funds Trust doesn't does not share with non-affiliates nonaffiliates so they can market to you. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. • Leader Funds Trust doesn’t jointly market. Leader Short Duration Bond Fund Leader Total Return Fund Leader Floating Rate Fund Advisor Leader Capital Corp. 000 X. Xxxx Xxxxx Xxxx., Xxxxx 000 Xxxxxxxxx, XX 00000 Distributor Ceros Financials Services, Inc. 0000 Xxxxxxxx Xxxxxxxxx, Xxxxx 000 Xxxxxxxxx, XX 00000 Legal Counsel Practus, LLP 00000 Xxxxxxxx Xxxxx Xxxxxxx, Xxxxx 000 Xxxxxxx, XX 00000 Transfer Agent Gemini Fund Services, LLC 00000 Xxxxxx Xxxxxx, Suite 2 Omaha, NE 68130 Custodian Fifth Third Bank 00 Xxxxxxxx Xxxxxx Xxxxx Xxxxxxxxxx, XX 00000 Independent Registered Public Accounting Firm BBD, LLP 0000 Xxxxxx Xxxxxx, 0xx XXX Xxxxxxxxxxxx, XX 00000 Additional information about the Funds is included in the Funds’ Statement of Additional Information dated July 15, 2019 (the “SAI”). The SAI is incorporated into this Prospectus by reference (i.e., legally made a part of this Prospectus). The SAI provides more details about the Funds’ policies and management. Additional information about the Funds’ investments will be available in the Funds’ Annual and Semi-Annual Reports to Shareholders. In the Funds’ Annual Report, you will find a discussion of the market conditions and investment strategies that significantly affected the Funds’ performance during its most recent fiscal year. To obtain a free copy of the SAI and the Annual and Semi-Annual Reports to Shareholders (when available), or other information about the Funds, or to make shareholder inquiries about the Funds, please call 0-000-000-0000 or visit xxx.xxxxxxxxxxxxx.xxx. You may also write to: Leader Short Duration Bond Fund Leader Total Return Fund Leader Floating Rate Fund c/o Gemini Fund Services, LLC 00000 Xxxxxx Xxxxxx Omaha, Nebraska 68130

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Toll-free Toll Free (000) 000-0000 Catalyst Funds xxx.xxxxxxxxxx.xxx Total Income+ Real Estate Fund xxx.xxxxxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or Via Overnight Delivery 00000 Xxxxxx Xxxxxx, Suite 2 Omaha, NE 68130 Distributed by Northern Lights Distributors, LLC PRIVACY NOTICE MUTUAL NORTHERN LIGHTS FUND SERIES TRUST Rev. June 2011 February 2014 FACTS WHAT DOES MUTUAL NORTHERN LIGHTS FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: •  Social Security number and wire transfer instructions •  account transactions and transaction history •  investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Northern Lights Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Northern Lights Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your credit worthiness. NO We don't n’t share For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE NORTHERN LIGHTS FUND TRUST Page 2 What we do: How does Mutual Northern Lights Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Northern Lights Fund Series Trust collect my personal information? We collect your personal information, for example, when you •  open an account or deposit money •  direct us to buy securities or direct us to sell your securities •  seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: •  sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. •  affiliates from using your information to market to you. •  sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual  Northern Lights Fund Series Trust has no does not share with our affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual  Northern Lights Fund Series Trust doesn't does not share with non-affiliates nonaffiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company First National Bank of Omaha will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust CompanyFirst National Bank of Omaha’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free (free: 000) -000-0000 Catalyst Fax: 0-000-000-0000 In Writing Xxxxxx Xxxxxx & Xxxxxx Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha46707 Cincinnati, NE 68154 Or OH 45246 or Via Overnight Delivery 00000 Xxxxxx Xxxxxx000 Xxxxxxxx Xx, Suite 2 OmahaXxxxx 000 Cincinnati, NE 68130 OH 45246 Internet xxx.xxxxxxxx.xxx Distributed by Northern Lights Ultimus Fund Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL FUND SERIES TRUST XXXXXX XXXXXX & XXXXXX FUNDS DO WITH YOUR PERSONAL INFORMATION? WhyWHY? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. WhatWHAT? The types of personal information we collect and share depends depend on the product or service that you have with us. This information can include: • ■ Social Security number and wire transfer instructions • account transactions Checking Account Information ■ Account Balances and transaction history • investment experience Investment Experience ■ Transaction History and purchase history Wire Transfer Instructions When you are no longer our customer, we continue to share your information as described in this notice. HowHOW? All financial companies need to share customers' customer’s personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' customer’s personal information; the reasons Mutual Fund Series Trust Xxxxxx Xxxxxx & Xxxxxx Funds chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share informationREASONS WE CAN SHARE YOUR PERSONAL INFORMATION DOES XXXXXX XXXXXX & XXXXXX FUNDS SHARE? Can you limit this sharingCAN YOU LIMIT THIS SHARING? For our everyday business purposes - purposes— such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO bureaus Yes No For our marketing purposes - purposes— to offer our products and services to you. NO We don't share you Yes No For joint marketing with other financial companies. NO We don't share companies No N/A For our affiliates' ’ everyday business purposes - purposes— information about your transactions and records. NO We don't share experiences Yes No For our affiliates' ’ everyday business purposes - purposes— information about your credit worthiness. NO We don't share creditworthiness No N/A For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't share No N/A QUESTIONS? Call 0-000-000(000)000-0000 PRIVACY NOTICE What we do: or go to xxx.xxxxxxxx.xxx WHO WE ARE Who is providing this notice? Xxxxxx Xxxxxx & Xxxxxx Funds WHAT WE DO How does Mutual Fund Series Trust Xxxxxx Xxxxxx & Xxxxxx Funds protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust Xxxxxx Xxxxxx & Xxxxxx Funds collect my personal information? We collect your personal information, for example, when you • open ■ Open an account or deposit money • direct Provide account information ■ Direct us to buy securities or direct Direct us to sell securities ■ Give us your securities • seek advice about your investments We also collect your personal contact information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • only ■ sharing for affiliates' ’ everyday business purposes – purposes—information about your creditworthiness. • creditworthiness ■ affiliates from using your information to market to you. • you ■ sharing for nonaffiliates to market to you. you State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions DEFINITIONS Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Fund Series Trust has no affiliates■ Our affiliates include companies with a Xxxxxx Xxxxxx & Xxxxxx name. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfi nancial companies. • Mutual Fund Series Trust doesn't ■ Nonaffiliates we share with non-affiliates so they can include shareholder servicing and stock transfer agent companies. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. ■ Xxxxxx Xxxxxx & Xxxxxx Funds doesn’t jointly market. . . . . . . Xxxx . . . . . IRA . ............................ . . Individual Retirement Account . . . . . . . . . .

CUSTODIAN ACCEPTANCE. Constellation Trust Company First National Bank of Omaha will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust CompanyFirst National Bank of Omaha’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free free: (000) 000-0000 Catalyst Fax: 0-000-000-0000 In Writing XXXX Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha, NE 68154 Or or Via Overnight Delivery 00000 Xxxxxx Xxxxxx0000 X 000xx Xx, Suite 2 OmahaXxxxx 000 Elkhorn, NE 68130 68022 Internet xxx.xxxxxxxxx.xxx Distributed by Northern Lights Ultimus Fund Distributors, LLC CUSTOMER PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL FUND SERIES TRUST DO THE XXXX FUNDS (the “Funds”) DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends depend on the product or service that you have with us. This information can include: • ▪ Social Security number and wire transfer instructions • account transactions and transaction history • investment experience and purchase history ▪ Assets ▪ Retirement Assets ▪ Transaction History ▪ Checking Account Information ▪ Purchase History ▪ Account Balances ▪ Account Transactions ▪ Wire Transfer Instructions When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' your personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Fund Series Trust chooses the Funds choose to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share informationinformation Do the Funds share? Can you limit this sharing? For our everyday business purposes - such – Such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO bureaus Yes No For our marketing purposes - – to offer our products and services to you. NO you No We don't n’t share For joint marketing with other financial companies. NO companies No We don't n’t share For our affiliates' ’ everyday business purposes - – information about your transactions and records. NO experiences No We don't n’t share For our affiliates' ’ everyday business purposes - – information about your credit worthiness. NO creditworthiness No We don't share For our affiliates to market to you NO We don't n’t share For non-affiliates to market to you NO No We don't n’t share QUESTIONSQuestions? Call 0-000-000-0000 PRIVACY NOTICE Who we are Who is providing this notice? XXXX Funds XXXX Investment Management, LLC (Administrator) Ultimus Fund Solutions, LLC (Sub-Administrator) Ultimus Fund Distributors, LLC (Distributor) What we do: do How does Mutual Fund Series Trust do the Funds protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust do the Funds collect my personal information? We collect your personal information, for example, when you • open ▪ Open an account ▪ Provide account information ▪ Give us your contact information ▪ Make deposits or deposit withdrawals from your account ▪ Make a wire transfer ▪ Tell us where to send the money • direct ▪ Tell us to buy securities or direct us to sell who receives the money ▪ Show your securities • seek advice about government-issued ID ▪ Show your investments driver’s license We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • sharing only ▪ Sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. • affiliates creditworthiness ▪ Affiliates from using your information to market to you. • sharing you ▪ Sharing for nonaffiliates non-affiliates to market to you. you State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust has no affiliates. Non-affiliates Companies not related by common ownership or control. They can be financial and non-financial companies. • Mutual Fund Series Trust doesn't share with non-affiliates so they can market to you.

CUSTODIAN ACCEPTANCE. Constellation Trust Company First National Bank of Omaha will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust CompanyFirst National Bank of Omaha’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Telephone‌‌ Toll-free (free: 000) -000-0000 Catalyst Fax: 0-000-000-0000 In Writing Xxxxxx Xxxxxx & Xxxxxx Funds xxx.xxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box 541150 Omaha46707 Cincinnati, NE 68154 Or OH 45246 or Via Overnight Delivery 00000 Xxxxxx Xxxxxx000 Xxxxxxxx Xx, Suite 2 OmahaXxxxx 000 Cincinnati, NE 68130 OH 45246 Internet xxx.xxxxxxxx.xxx Distributed by Northern Lights Ultimus Fund Distributors, LLC PRIVACY NOTICE MUTUAL FUND SERIES TRUST Rev. June 2011 FACTS WHAT DOES MUTUAL FUND SERIES TRUST XXXXXX XXXXXX & XXXXXX FUNDS DO WITH YOUR PERSONAL INFORMATION? WhyWHY? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. WhatWHAT? The types of personal information we collect and share depends depend on the product or service that you have with us. This information can include: • ■ Social Security number and wire transfer instructions • account transactions Checking Account Information ■ Account Balances and transaction history • investment experience Investment Experience ■ Transaction History and purchase history Wire Transfer Instructions When you are no longer our customer, we continue to share your information as described in this notice. HowHOW? All financial companies need to share customers' customer’s personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' customer’s personal information; the reasons Mutual Fund Series Trust Xxxxxx Xxxxxx & Xxxxxx Funds chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Fund Series Trust share informationREASONS WE CAN SHARE YOUR PERSONAL INFORMATION DOES XXXXXX XXXXXX & XXXXXX FUNDS SHARE? Can you limit this sharingCAN YOU LIMIT THIS SHARING? For our everyday business purposes - purposes— such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO bureaus Yes No For our marketing purposes - purposes— to offer our products and services to you. NO We don't share you Yes No For joint marketing with other financial companies. NO We don't share companies No N/A For our affiliates' ’ everyday business purposes - purposes— information about your transactions and records. NO We don't share experiences Yes No For our affiliates' ’ everyday business purposes - purposes— information about your credit worthiness. NO We don't share creditworthiness No N/A For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't share No N/A QUESTIONS? Call 0-000-000(000)000-0000 PRIVACY NOTICE What we do: or go to xxx.xxxxxxxx.xxx WHO WE ARE Who is providing this notice? Xxxxxx Xxxxxx & Xxxxxx Funds WHAT WE DO How does Mutual Fund Series Trust Xxxxxx Xxxxxx & Xxxxxx Funds protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Fund Series Trust Xxxxxx Xxxxxx & Xxxxxx Funds collect my personal information? We collect your personal information, for example, when you • open ■ Open an account or deposit money • direct Provide account information ■ Direct us to buy securities or direct Direct us to sell securities ■ Give us your securities • seek advice about your investments We also collect your personal contact information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: • only ■ sharing for affiliates' ’ everyday business purposes – purposes—information about your creditworthiness. • creditworthiness ■ affiliates from using your information to market to you. • you ■ sharing for nonaffiliates to market to you. you State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions DEFINITIONS Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual Fund Series Trust has no affiliates■ Our affiliates include companies with a Xxxxxx Xxxxxx & Xxxxxx name. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfi nancial companies. • Mutual Fund Series Trust doesn't ■ Nonaffiliates we share with non-affiliates so they can include shareholder servicing and stock transfer agent companies. Joint marketing A formal agreement between nonaffiliated financial companies that together market financial products or services to you. ■ Xxxxxx Xxxxxx & Xxxxxx Funds doesn’t jointly market. . . . SIMPLE . . . . IRA . . . . . ................................. . . SIMPLE . . . Individual . . Retirement . . Account . . .

CUSTODIAN ACCEPTANCE. Constellation Trust Company will accept appointment as Custodian of the Owner’s Account. However, this Agreement is not binding upon the Custodian until the Owner has received a statement confirming the initial transaction for the Account. Receipt by the Owner of a confirmation of the purchase of the Fund shares indicated above will serve as notification of Constellation Trust Company’s acceptance of appointment as Custodian of the Owner’s Account. TO CONTACT US: By Telephone In Writing Internet Toll-free (000) 000-0000 Catalyst Funds xxx.xxxxxxxxxx.xxx LEADER FUNDS xxx.xxxxxxxxxxxxx.xxx c/o Gemini Fund Services, LLC PO Box P O BOX 541150 Omaha, NE 68154 Or Via Overnight Delivery 00000 Xxxxxx Xxxxxx, Suite 2 Omaha, NE 68130 Distributed by Northern Lights DistributorsCeros Financial Services, LLC Inc. PRIVACY NOTICE MUTUAL NORTHERN LIGHTS FUND SERIES TRUST Rev. June 2011 February 2014 FACTS WHAT DOES MUTUAL NORTHERN LIGHTS FUND SERIES TRUST DO WITH YOUR PERSONAL INFORMATION? Why? Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some, but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. What? The types of personal information we collect and share depends on the product or service that you have with us. This information can include: •  Social Security number and wire transfer instructions •  account transactions and transaction history •  investment experience and purchase history When you are no longer our customer, we continue to share your information as described in this notice. How? All financial companies need to share customers' ’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers' ’ personal information; the reasons Mutual Northern Lights Fund Series Trust chooses to share; and whether you can limit this sharing. Reasons we can share your personal information: Does Mutual Northern Lights Fund Series Trust share information? Can you limit this sharing? For our everyday business purposes - such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus. YES NO For our marketing purposes - to offer our products and services to you. NO We don't n’t share For joint marketing with other financial companies. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your transactions and records. NO We don't n’t share For our affiliates' ’ everyday business purposes - information about your credit worthiness. NO We don't n’t share For our affiliates nonaffiliates to market to you NO We don't share For non-affiliates to market to you NO We don't n’t share QUESTIONS? Call 0-000-000-0000 PRIVACY NOTICE NORTHERN LIGHTS FUND TRUST Page 2 What we do: How does Mutual Northern Lights Fund Series Trust protect my personal information? To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. Our service providers are held accountable for adhering to strict policies and procedures to prevent any misuse of your nonpublic personal information. How does Mutual Northern Lights Fund Series Trust collect my personal information? We collect your personal information, for example, when you •  open an account or deposit money •  direct us to buy securities or direct us to sell your securities •  seek advice about your investments We also collect your personal information from others, such as credit bureaus, affiliates, or other companies. Why can't n’t I limit all sharing? Federal law gives you the right to limit only: •  sharing for affiliates' ’ everyday business purposes – information about your creditworthiness. •  affiliates from using your information to market to you. •  sharing for nonaffiliates to market to you. State laws and individual companies may give you additional rights to limit sharing. MUTUAL FUND SERIES TRUST Definitions Affiliates Companies related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual  Northern Lights Fund Series Trust has no does not share with our affiliates. Non-affiliates Nonaffiliates Companies not related by common ownership or control. They can be financial and non-financial nonfinancial companies. • Mutual  Northern Lights Fund Series Trust doesn't does not share with non-affiliates nonaffiliates so they can market to you.