From Shaiya Wiki
You will need more experience than you did in Normal to gain levels, but the rewards are also greater. You can use all the items you could in Normal Mode, but now you can also use Legend items. You gain 7 Stat points and 4 Skill points per level. Players that reach level 40 unlock Ultimate Mode and may start a new character in Ultimate Mode.
Points Per Level
7 Stat and 4 Skill per level.\
Requires the player to have reached level 40 in Normal Mode