Axiom Investors LLC

Item 5: Fees and Compensation

      Description

      The advisory fees paid to Axiom by Clients for advisory services vary depending on the investment
      strategy utilized and the type of Client. The current standard fee schedule with respect to the new
      investments is set forth below.
      International Equity Long Only Portfolios and Axiom International Equity Fund II:
                      0.85% per annum of assets on the first $25 million
                      0.75% of assets over $25 million

      Global Equity Long Only Portfolios:
                      0.80% on the first $25 million

                                         Axiom Investors LLC

                       0.70% on the next $50 million
                       0.60% on the next $150 million
                       0.50% on the next $250 million
                       0.30% on the balance

       Emerging Markets Long Only Portfolios:
                       1.00% per annum of assets on the first $25 million
                       0.90% of assets on the next $75 million
                       0.80% of assets on the next $25 million
                       0.70% of assets on the next $50 million
                       0.60% of assets on the balance

       U.S. Small Cap Portfolios:
                       0.80% per annum of assets on the first $10 million
                       0.75% of assets on the next $15 million
                       0.70% of assets on the balance

       International Small Cap Equity Long Only Portfolios:
                       0.95% per annum of assets on the first $25 million
                       0.85% of assets on the next $75 million
                       0.75% of assets on the balance

       Global Small Cap Equity Long Only Portfolios:
                       0.95% per annum of assets on the first $25 million
                       0.85% of assets on the next $75 million
                       0.75% of assets on the balance

       Emerging Markets World Portfolios:
                       1.00% per annum of assets on the first $25 million
                       0.90% of assets on the next $75 million
                       0.80% of assets on the next $25 million
                       0.70% of assets on the next $50 million
                       0.60% of assets on the balance

       Concentrated Global Growth Portfolios:
                       0.80% per annum of assets on the first $25 million
                       0.70% of assets on the next $50 million
                       0.60% of assets on the next $150 million
                       0.50% of assets on the next $250 million
                       0.30% of assets on the balance

Focused Global Growth Portfolios:
                       0.80% per annum of assets on the first $25 million
                       0.70% of assets on the next $50 million
                       0.60% of assets on the next $150 million
                       0.50% of assets on the next $250 million
                       0.30% of assets on the balance

       Axiom International Opportunity Fund, L.P., Axiom Offshore Opportunity Fund, Ltd. current
       schedule:

                                         Axiom Investors LLC

                     1.00% per annum
                     Up to a 10% performance fee or allocation, subject to a high-water mark, all
                     payable quarterly in arrears.

     Axiom International Small/Micro Cap Opportunity Fund, L.P., Axiom Global Small/Micro Cap
     Opportunity Fund, L.P. current schedule:
                    1.75% per annum
                    Up to a 20% performance fee or allocation, subject to a high-water mark, all
                    payable quarterly in arrears.
     Note the Axiom Global Small/Micro Cap Opportunity Fund, L.P. terminated 1/1/2026.

     All management and performance fees/allocations paid by Clients are accrued on a monthly basis
     and paid quarterly. Some separate account Clients may pay management fees on a monthly basis.
     Some separate account Clients may pay performance fees on an annual basis.
     While management and performance fees/allocations paid with respect to investments in the Funds
     are generally non-negotiable, Axiom may agree to execute “side letters” with certain investors in
     each Fund. The management fees paid to Axiom by separate account Clients and sub-advised
     Clients are separately negotiated and detailed in each Client’s investment management or advisory
     agreement. Axiom will consider performance-based fees and may negotiate different fee
     arrangements for certain clients including, without limitation, sub-advisory relationships and
     charitable institutions.
     In addition to management and performance fees/allocations paid to Axiom by Clients, Clients may
     incur brokerage, custody, borrowing costs (“hedge fund” Clients only), administration, professional
     (audit and legal) and other miscellaneous expenses.

Item 7: Types of Clients

      Description

      Axiom’s services are provided primarily to institutional investors. Investors in the Funds and Clients
      typically include corporations, foundations, endowments, pension plans, investment companies,
      government entities, charitable organizations, insurance companies, and banking institutions.
      Axiom’s services are offered through separately managed accounts, UMAs, and a variety of
      collective investment vehicles including but not limited to private funds, collective investment trusts
      and UCITS.
      For each UMA, the applicable Client pays Axiom a fee for providing recommendations regarding
      the purchase or sale of specific securities. Axiom’s recommendations are used by the Client to
      manage the UMA, however, decisions regarding the timing and scale of purchases/sales are those
      of the Client, not Axiom. Accordingly, Axiom does not implement the investment decisions for, or
      have trading authority over the UMA accounts.
      Minimum account sizes vary by Fund or strategy.