Bain Capital Public Equity LP

Item 5. Fees and Compensation

Fees

As compensation for investment advisory services rendered to the Public Equity Clients, Bain
Capital Public Equity receives from applicable Public Equity Clients an annual management fee
payable quarterly in advance. Certain vehicles also pay management fees on a monthly basis.
Personnel of Bain Capital Public Equity and its affiliates are largely exempt from paying
management fees. Upon the termination of an Advisory Agreement, appropriate treatment,
including, where applicable, returning prepaid management fees on a prorated basis, will be
given to all fees collected in advance. Management fees paid by a Public Equity Client are
indirectly borne by the investors in such Public Equity Client.

The precise amount of, and the manner and calculation of, the management fee for each Public
Equity Fund is established by Bain Capital Public Equity and set forth in such Public Equity ’s
Advisory Agreement, governing documents and/or other documentation received by each
investor prior to investment in such Public Equity Fund. The fee structures described above may
be modified from time to time.

Fees differ from one Public Equity Client to another, as well as among investors in the same
Public Equity Client. In its sole discretion, Bain Capital Public Equity may waive or reduce
management fees, including for certain investors.

Expenses

The Public Equity Clients generally bear their own expenses. These expenses may vary among
Public Equity Clients and are subject to the terms and conditions set forth in the applicable Public
Equity Client’s offering materials, governing documents, or other analogous organizational

documents. The expenses generally borne by Public Equity Funds are outlined below.

Unless otherwise specified herein or in such Public Equity Fund’s organizational documents, each
eligible Public Equity Fund bears its organizational, operational, and offering expenses and
obligations (which include):

  (a) all out-of-pocket expenses incurred in connection with organizing and establishing the
      Public Equity Fund and the General Partner, offering interests in the Public Equity Fund
      (including legal and accounting expenses, filing fees and expenses, travel,
      accommodation and related expenses, printing costs or any other expenses incurred with
      respect to the offering) (“Organizational Expenses”);

  (b) all investment-related expenses (including any such expenses incurred in connection with
      potential investments, whether or not completed), including: expenses relating to
       identifying, discovering, sourcing, developing (including any retainers, success and
       finder’s fees and other compensation paid to contractors, senior advisers and sourcing
       and operating partners), evaluating, valuing, researching, investigating, structuring
       (including rating agency fees and expenses), diligencing, monitoring, maintaining,
       purchasing, making, holding, acquiring, registering (including notary and “gestoria” costs),
       selling (or potentially selling), or restructuring investments (whether or not completed,
       including broken deal and reverse break-up fees, liquidated damages, forfeited deposits,
       reverse termination fees or similar payments); all lodging, travel, transportation (including
       the use of charter, first class or business travel and taxis and car rentals and any other
       transportation), meals, and related expenses (including any of these incurred by an
       investment team or other member of the General Partner or Bain Capital Public Equity or
       their affiliates) incurred in connection with the Public Equity Funds’ affairs, and with
       evaluating, making and monitoring investments; professional costs and expenses
       (including legal, compliance, tax, financial, accounting, actuarial, valuation, advisory and
       consulting/experts (including consultants or experts for industry-specific matters, due
       diligence, reference checks, sourcing or introductions and other similar costs)); brokerage
       commissions, hedging costs, expenses relating to short sales, prime brokerage fees,
       financing costs and expenses, custodial expenses, clearing and settlement charges,
       private placement fees, syndication fees, solicitation fees, arranger fees, sales
       commissions, pricing and valuation fees (including appraisal fees), underwriting
       commissions and discounts, investment banking fees, advisory fees (including income-
       based repayments, receivership costs and similar fees and costs), and bank charges, and
       custodial, trustee, transfer agent, recordkeeping and other administrative costs; fees of
       third- party experts or consultants; and value-added taxes and taxes incurred in
       connection with investments;

  (c) all expenses of the Public Equity Funds incurred in connection with the ongoing operation

      and administration of the Public Equity Funds, including: any legal, tax, auditing,
      accounting and consulting fees, bookkeeping, record keeping, environmental, social, and
      governance (“ESG”), procurement, cybersecurity, and clerical services to the Public Equity
      Funds;

(d) fees, taxes and expenses associated with the Public Equity Funds’ audits and financial
    statements (including fees and expenses associated with preparing tax information,
    returns and elections), including fees and expenses associated with preparing, filing or
    distributing tax information, returns or elections and complying with any tax audit,
    investigation, settlement or review; expenses incurred in connection with the preparation
    and maintenance of the Public Equity Funds’ books and records and account holder
    diligence; expenses incurred in connection with the preparation and delivery of wires and
    distributions, financial and other reports, circulars, forms, notices, valuations, investment
...

Item 7. Types of Clients

Bain Capital Public Equity currently provides investment advisory services to the Public Equity
Funds. Investment advice is provided directly to the Public Equity Funds, subject to the direction
and control of the General Partner of such Public Equity Fund, and not individually to the Limited
Partners of such Public Equity Fund. As noted, Bain Capital Public Equity also sub-advises a
UCITs.

Except for the UCITS and BCEOF, interests in the Public Equity Funds are offered pursuant to

applicable exemptions from registration under the Securities Act and the 1940 Act. Investors in
the Public Equity Funds include high net worth individuals, banks, thrift institutions, pension and
profit sharing plans, trusts, estates, charitable organizations, university endowments,
corporations, limited partnerships and limited liability companies or other business entities.

Bain Capital Public Equity does not impose minimum dollar values on creating a Public Equity
Fund; however legal eligibility requirements must be met and minimum investment commitments
may be established for Limited Partners in the Public Equity Funds. The General Partner of each
Public Equity Fund, in its sole discretion, may permit investments below the required minimum
investment commitments.