# EDGAR Filing Document

**Accession Number:** 0001750821
**File Stem:** 0001580642-25-005551
**Filing Date:** 2025-8
**Character Count:** 11022
**Document Hash:** 5960e16021a9d2ea9fac04b9c705ed91
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-25-005551.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001580642-25-005551

**CONFORMED SUBMISSION TYPE**: DEFA14A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250827

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Exchange Place Advisors Trust
- **CENTRAL INDEX KEY:** 0001750821

**ORGANIZATION NAME:**
- **EIN:** 462828241
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** DEFA14A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-23373
- **FILM NUMBER:** 251265032

**BUSINESS ADDRESS:**
- **STREET 1:** 10 SOUTH LASALLE STREET, SUITE 1925
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603
- **BUSINESS PHONE:** (312) 857-2160

**MAIL ADDRESS:**
- **STREET 1:** 10 SOUTH LASALLE STREET, SUITE 1925
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60603

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** North Square Investments Trust
- **DATE OF NAME CHANGE:** 20180821

## Series and Classes Contracts Data

### Sphere 500 Climate Fund (Series ID: S000083897)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000247983 | Sphere 500 Climate Fund Class R6           | SPFFX           |
| C000264391 | Sphere 500 Climate Fund Institutional Fund |  |

**UNITED STATES<br> SECURITIES AND EXCHANGE COMMISSION<br> Washington, D.C. 20549**

**SCHEDULE 14A** **<br> (Rule 14a-101)**

**INFORMATION REQUIRED IN PROXY STATEMENT<br> SCHEDULE 14A INFORMATION**

**Proxy Statement Pursuant to Section 14(a) of the<br> Securities Exchange Act of 1934**

Filed by the Registrant ⌧ Filed by a Party other than the Registrant □

Check the appropriate box:

□ Preliminary
 Proxy Statement

□ **Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))** 

□ Definitive
 Proxy Statement

⌧ Definitive
 Additional Materials

□ Soliciting
 Material Pursuant to Section 240.14a-11(c) or Section 240.14a-12

**EXCHANGE PLACE ADVISORS TRUST** **<br> (Name of Registrant as Specified in Its Charter)**

Payment of Filing Fee (Check the appropriate box):

---

| | | |
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| ⌧ | No fee required. | No fee required. |
| □ | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. | Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. |
|  | (1) | Title of each class of securities to which transaction applies: |
|  | (2) | Aggregate number of securities to which transaction applies: |
|  | (3) | Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and state how it was determined): |
|  | (4) | Proposed maximum aggregate value of transaction: |
|  | (5) | Total fee paid: |
| □ | Fee paid previously with preliminary materials. | Fee paid previously with preliminary materials. |
| □ | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by the registration statement number, or the Form or Schedule and the date of its filing. | Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by the registration statement number, or the Form or Schedule and the date of its filing. |
|  | (1) | Amount Previously Paid: |
|  | (2) | Form, Schedule or Registration Statement No.: |
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|  | (4) | Date Filed: |

---

Dear <>,

**If you are an investor in the Sphere 500 Climate Fund, you have been sent a Proxy Statement that requests your vote on a proposal to change the Fund's current management fee structure from a unitary fee arrangement. The Proxy Statement includes a description of, and information regarding, the proposal. After you carefully review the Proxy Statement, please vote – <u>voting should just take a minute</u>.**

Below we give more detail on the proposal and explain why every vote matters. The proposal must be approved by the shareholders of the Fund to take effect. The investment adviser for the Fund recommended the proposal, and it has been unanimously approved by the Board of Trustees.

**<u>What the vote is about</u>**

This is a proposal to change the Fund's current management fee structure from a "unitary fee" arrangement, under which the Fund pays a single "unitary fee" to the Adviser at the annual rate of 0.07% of the Fund's average daily net assets for investment advisory and other services, to one where the Fund will pay the Adviser a fee at the same annual rate of 0.07% of the Fund's average daily net assets for its services, but the Fund will also be responsible for separately paying other Fund operating expenses. If the New Advisory Agreement is approved, the Adviser has agreed to contractually waive and/or reimburse certain fees and expenses of the Fund so that the total annual operating expenses (excluding any front-end or contingent deferred loads, taxes, interest expense, interest and dividends paid on short sales, acquired fund fees and expenses, brokerage commissions, expenses incurred in connection with any merger or reorganization, or extraordinary expenses, such as litigation) of the Fund are limited to 0.07% for the Fund's current share class (to be renamed the R6 Class) to ensure that the Fund's total annual operating expenses do not exceed the fee under the Current Advisory Agreement with respect to the Fund's current Share class and do not exceed 0.30% for Institutional Class shares (a new share class that has not commenced operations), respectively, as a percentage of average net assets until December 31, 2030.

Effective on or about September 16, 2025, the Fund's current sole share class will be re-named Class R6 and will only be available to certain retirement plans trading through omnibus accounts. Shareholders holding Class R6, the Fund's sole share class prior to September 16, 2025, who did not purchase such shares through individual retirement accounts may continue to hold such shares and are also eligible to purchase additional Class R6 shares. New investors that are not investing through a retirement plan will purchase Institutional Class shares.

**<u>How to vote</u>**

The Proxy Statement was provided to you by email or mail and offers several ways to cast your vote:

&nbsp;&nbsp;&nbsp;&nbsp;1. Vote
 online at <u>vote.proxyonline.com</u> using your proxy control number found on
 your proxy card (if you received the notification by email, the link you click to vote will
 automatically enter your proxy control number for you);

&nbsp;&nbsp;&nbsp;&nbsp;2. Mail
 your signed and voted proxy card back in the postage-prepaid envelope provided;

&nbsp;&nbsp;&nbsp;&nbsp;3. Call
 toll-free 1-888-227-9349 to reach an automated touchtone voting line; or

&nbsp;&nbsp;&nbsp;&nbsp;4. Call
 toll-free 1-800-347-4750 and speak with a live operator Monday through Friday, 9 a.m. to
 10 p.m. Eastern Time.

**<u>Why every vote matters</u>**

As described in the Proxy Statement, a substantial portion of shareholders must vote in order to establish a quorum, and to approve the proposal, at the upcoming shareholder meeting scheduled for the vote on the proposal - so every vote really counts.

We at Sphere, as the Fund's sponsor and the licensor of the index used by the Fund, wholeheartedly support the recommendation of the Fund's investment adviser and Board.

Please don't hesitate to reach out to me with any questions at <u>alex@oursphere.org</u>. Thank you for supporting us in our work to make climate-friendly investing available to everyone.

Best,<br> Alex

Alexandra Wright-Gladstein<br> Founder & CEO \| <u>Sphere</u><br> <u>alex@oursphere.org</u>

**Before investing in the Sphere 500 Climate Fund ("SPFFX" or the "Fund"), carefully consider the fund's investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, please visit https://oursphere.org/fund or talk to your financial advisor. Read it carefully before investing. The Fund is distributed by Ultimus Fund Distributors, LLC.**

As with all investments, there are risks involved with investing in SPFFX. **Climate Investing Consideration Risk-**Considerations related to climate risk, such as environmental criteria (*e.g.*, fossil fuel screens), applied to the Index's (defined below) construction may limit the number of investment opportunities available to the Fund, and as a result, at times, the Fund may underperform funds that are not subject to similar investment restrictions. For example, the Index may exclude certain securities due to climate-focused considerations when other investment considerations would suggest that investing in such securities would be advantageous. The Fund

may also underperform funds that invest in the energy and utilities sectors, particularly in times of rising oil, gas and energy prices. Other risks include, but are not limited to general market risk, small fund risk, large cap risk, common stock risk, sector risk, industry concentration risk, passive investment risk, index calculation risk, limited operating history risk, cybersecurity risk, tracking error risk, operation risk, and third-party data risks as it relates to the composition of the Index. For a detailed explanation of the risks associated with SPFFX and the underlying Index, please read the prospectus.

The Sphere 500 Climate Fund tracks the Sphere 500 Fossil-Free Index (SPFFXI or the "Index"). The Index is constructed beginning with the largest 500 U.S. companies that trade on regulated U.S. exchanges by market capitalization. The index administrator, BITA GmbH, then eliminates companies from this investable universe using data obtained from As You Sow, an unaffiliated non-profit organization that promotes environmental responsibility through shareholder advocacy. As You Sow eliminates companies from the Index based primarily on their risk profile of being exposed to the fossil fuel industry and secondarily, by other exclusionary screens, including companies engaged in deforestation activities, civilian and military firearms manufacturing and related guns/arms sales, prison and border security operations, and tobacco and e-cigarette manufacturing. The elimination of these companies from the Index is intended to foster and support the climate-focused, social investing goals of the Fund. The Fund may invest in companies that use fossil fuels as a part of their business or have used fossil fuels in the past. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Index returns do not reflect the effects of fees or expenses. It is not possible to invest directly in an index.