BMO Asset Management Limited

Item 5: Fees and Compensation

The fees and expenses for our services will depend on the service provided and may be open to negotiation or based
on existing agreements we may have entered with you. Fees will generally be based on either:

       a basis point fee in relation to the assets under management.
       a charge associated with a particular piece of advisory work, or a particular solution provided (e.g., if you ask
        us to structure a specific transaction, we will charge you costs associated with this transaction and these will
        be linked to the risk of the trade and the cost of doing it); and/or
       a performance fee which will be linked to performance targets which have been set and agreed in the
        agreement we have entered with you.

The fees and expenses associated with our governance and sustainable investment services are captured as part of
the management fee you pay, and the service is therefore part of the broader package that we offer you. We also
offer a responsible engagement overlay service for our clients where we do not manage their assets and therefore
where there is no associated management fee. In these instances, either a fixed fee or a basis point charge will be
applied to the value of assets to which the service is applied.

Fees are usually payable monthly or quarterly in arrears and are either deducted from your assets, which are held by
your appointed custodian, or billed directly to you. Respectively, the fee, the method of calculation and the frequency
of charging can be negotiated before we enter into any formal agreement with you to manage your money or provide
services to you.

The fees and expenses for clients with their own segregated discretionary portfolio management accounts are subject
to, and will depend on, the structure of the assets, but may include:

        administration fees
        brokerage fees; and
        other transaction costs such as the bid/offer spread on non-agency transactions.

Brokerage fees and other transaction fees are discussed in more detail in Item 12 Brokerage Practices.

We review our fee rates regularly and benchmark our fee schedules against what the market charges, using public
information, industry surveys and industry press reports. We aim to ensure that our fees remain competitive whilst
reflecting the high quality of our investment products and the high level of client service that we offer.

We reserve the right to waive or impose different fees or otherwise modify the fee arrangements of an existing client
with the consent of that client.

Item 7: Types of Clients

Our clients comprise a wide range of insurance, institutional and retail investors, across multiple geographies and
jurisdictions. We provide discretionary investment management services to the following:

        Insurance companies;
        Banks;
        Private and investment funds;
        Sovereign and supra-national organizations;
        Pension schemes;
        Trusts and charitable organizations; and
        Corporations and business entities other than those listed above.

Private individuals who are not US Persons and therefore reside outside of the US can invest in our pooled
investment funds and investment plans. For the avoidance of doubt, we do not make available any of our pooled
investment funds or investment plans to US Persons on a public placement basis.

We do not provide investment advice to private individuals.

For our institutional clients wishing to have their own segregated mandate, we generally look to a minimum fund size
of $50 million; however, this may be adjusted on an individual basis