Acadian Asset Management Singapore PTE Ltd

Item 5 – Fees and Compensation

Acadian Singapore’s management fees are negotiable and specified in the written agreement between
Acadian Singapore and each client. Depending on the mandate and the negotiation with the client,
Acadian Singapore’s fee schedule may be flat, “tiered,” or involve a performance fee. Depending upon
the range of services provided to the client, the mandate requested, investment performance, total assets a
particular client has under management with Acadian Singapore or anticipates investing with Acadian,
common relationships, and other factors as determined in Acadian Singapore’s sole discretion, fees may
be reduced, or a “most favored nation” fee schedule granted.

If a client requests, Acadian Singapore will charge fees based upon the investment performance we
achieve in managing a client’s portfolio. Such fees are individually negotiated with the client. Additional
details regarding performance fees and potential conflicts related to them are provided in response to Item
6 of this Brochure.

The timing and method of how a client will pay its management fee to Acadian Singapore is negotiable
and specified in the written agreement between Acadian Singapore and each client. Typically,
management fees will be payable monthly or quarterly in arrears however some may pay monthly or
quarterly in advance. The management fee is typically calculated based upon valuation information
maintained by the client or fund custodian or prime broker, the fund administrator, or maintained by
Acadian Singapore as agreed to with the client. A client may be billed directly, or they may authorize
their chosen custodian to debit fees from their account upon receipt of a request from Acadian Singapore.
Management fees shall typically be prorated for each capital contribution and withdrawal made during the
applicable calendar month or quarter, as applicable. Accounts initiated or terminated during a calendar
month or quarter, as applicable, will be charged a prorated fee. Upon termination of any account, any
prepaid, unearned fees will be promptly refunded, and any earned, unpaid fees will be due and payable.
Each client typically negotiates termination provisions within their investment management agreement.
Acadian Singapore does not assess termination charges for separate accounts.

For separately managed accounts, the only fee paid by a client to Acadian Singapore is the management
fee and/or performance fee negotiated in the Investment Management Agreement. All other fees and
expenses that may be associated with the account are the sole responsibility of the client. These fees may
include, but may not be limited to, brokerage commissions, transaction fees, taxes, custodial fees,
administrator fees, trustee fees, and fees for audit, tax and legal advisers.

Acadian Singapore markets our investment capabilities related to specific investment strategies. We do
not typically recommend or market specific products. Subject to certain investment minimums, Clients
choose the method in which that want to invest with Acadian Singapore. This includes via a separate
account option or, if available, a fund structure.

Acadian Singapore pays compensation to Acadian Singapore employees who market firm investment
strategies. Compensation is determined based upon a number of factors that include a percentage of the
management fee paid to Acadian Singapore by the client for managing the assets.

Item 7 – Types of Clients

Acadian Singapore provides portfolio management services for institutional clients only through sub-
advised funds and separately managed accounts.

For separate accounts, Acadian Singapore will typically impose a minimum initial value of at least $100
million dollars while reserving the right to accept smaller accounts. For Acadian Singapore commingled
funds initial investment minimums vary. Investment minimums are typically listed in the prospectus for
each registered fund that Acadian advises or sub-advises.