Bin Yuan Capital Limited

Item 5 – Fees and Compensation
Performance and Management Fees
With respect to all Clients, Bin Yuan generally receives a management fee based on a percentage
of assets under management, and a performance fee based on net capital appreciation. Where Bin
Yuan is directly appointed in its role as manager or adviser, it generally receives a management
fee per annum and a performance fee based on returns exceeding a benchmark. In very limited
circumstances, Bin Yuan may negotiate specific terms of investment for certain prospective
investors of the Funds that will differ from the terms applicable to other Clients. When we enter
into these arrangements, a rebate may be paid by Bin Yuan to the relevant investor.

Fees are deducted from Client assets. Management fees are deducted monthly (or on such other
frequency as is agreed with the relevant Client) from Clients’ respective accounts, in arrears.
Performance fees are paid by the Clients in arrears.

Neither we nor any of our “supervised persons” (as defined in the glossary of terms to SEC Form
ADV) accept compensation for the sale of securities or other investment products, including asset-
based sales charges or service fees from the sale of mutual funds.

Bin Yuan’s policy is to allocate investment opportunities fairly and equitably, to the extent possible,
over a period of time. To ensure fairness in the allocation of investment opportunities amongst our
Clients, we consider various factors including: the Client’s investment objectives and strategies;
existing portfolio composition; net asset value; cash levels and cash availability; market exposure;
industry sector exposure; and the suitability of investments. Where an investment opportunity is
suitable for two or more Clients, we seek to ensure that our Clients have equal access to such
investment opportunities to the extent possible.

Bin Yuan Capital Limited                                                      Form ADV | 11 March 2026

The management fee and the performance-based fees/allocations charged to Clients are calculated
based on valuations ascribed to the portfolio holdings of each. There can be no assurance that the
value assigned to an investment at a certain time will equal the value that each portfolio is ultimately
able to realize. Bin Yuan addresses this conflict by adhering to its valuation policies, employing
an independent third party to assist in certain valuation decisions, and employing an independent
third- party pricing sources to the extent practicable.

We may, in our sole discretion, waive all or part of any fees or expenses payable by or attributable
to Clients. Bin Yuan and/or its personnel may invest in the Fund and are not subject to management
fees or performance-based fees with respect to their investments therein.

Expenses
Clients generally bear certain and expenses of the Fund and Managed Accounts. Such expenses may
include, but are not limited to: brokerage commissions and charges; all fees and expenses of
transactional, risk, market data and trade-related services; all administrative expenses; fees and
charges of custodians and clearing agencies; income taxes, withholding taxes, transfer taxes and
other charges and duties of governments, agencies or regulatory bodies; fees and expenses of legal
advisers, administrators, net asset value calculation agents, accountants and independent auditors;
Directors’ fees and expenses; the costs of printing and distributing any memorandum and
subscription materials and any reports and notices to investors or prospective investors. Each Client
also will bear its own organizational fees and expenses.

Please see Item 12, “Brokerage Practices,” below for a discussion of certain brokerage expenses.
We have no affiliated broker-dealers.

Item 7 – Types of Clients

Bin Yuan provides discretionary advisory services to family offices, institutional investors,
government pensions, and high net worth individuals. Generally, the minimum initial capital
contribution required for investment into the Fund is $1,000,000, but it may accept contributions in
lesser amounts in our sole and absolute discretion, with an absolute minimum initial capital
contribution of $100,000. The Managed Accounts have a higher initial capital contribution
requirement, and the terms of each are offered at the sole discretion of the Bin Yuan. We generally
do not require Clients to maintain a minimum investment to continue an advisory relationship, but
we do reserve the right to terminate a Managed Account if its assets have decreased due to
substantial investor withdrawals.

Bin Yuan Capital Limited                                                   Form ADV | 11 March 2026