EXHIBIT B CAPITOL SERIES TRUST FORM OF NEW INVESTMENT SUBADVISORY AGREEMENT GUARDIAN CAPITAL FUNDAMENTAL GLOBAL EQUITY FUNDSub-Advisory Agreement • August 30th, 2021 • Capitol Series Trust • Ohio
Contract Type FiledAugust 30th, 2021 Company JurisdictionTHIS SUB-ADVISORY AGREEMENT (“Agreement”) is made as of _____________, 2021 (the “Effective Date”), by and between Guardian Capital LP, a limited partnership organized under the laws of the Province of Ontario, Canada, with its principal office and place of business at 199 Bay Street, Suite 3100, Toronto, Ontario, M5L1E8 (“Manager”), and GuardCap Asset Management Limited a company incorporated and registered in the United Kingdom (no. 04667528), having its registered office at 6th Floor, 11 Charles II Street, St. James’s, London SW1Y 4NS (“Sub-Adviser”).