Boston Trust Walden Inc

Item 5 Fees and Compensation
Affiliated Fund Fees
The investment advisory services provided by Boston Trust Walden Inc. to the Boston Trust Walden
Funds and the fee schedules for such services generally are described in each Fund’s current
Prospectus and Statement of Additional Information (“SAI”) filed with the SEC. Boston Trust Walden
Inc. has entered into an expense limitation agreement with the Funds in which Boston Trust Walden
Inc. has agreed to waive fees or reimburse expenses of the Funds for the current fiscal year as detailed
in the Funds’ Prospectus and SAI. For the Boston Trust Walden Funds’ fee and expense information,
please see the prospectus available at: https://www.bostontrustwalden.com/strategies-
funds/mutual-funds/or by calling 1-800-282-8782 ext. 7050.

Separately Managed Account Fees
Below are the standard fee schedules for separately managed client accounts based on account type.
Fee schedules are individually negotiated and vary depending on the client type, investment strategy,
assets under management, and specific service requirements. Standard fee schedules differ by
functional business unit: “Institutional Strategies” and “Wealth & Investment Management.” Existing
clients may have different fee arrangements from those stated below.

If we manage a separate account on your behalf, the investment management fees are set forth in the
investment management agreement. We base fees on a percentage of assets under management,
and typically specify a minimum annual fee and/or a minimum account size. Fees, as reasonably
determined by Boston Trust Walden Inc., are generally paid quarterly in arrears based upon (1) the
value of the assets subject to a fee in the client’s account on the last business day of the quarter, or
(2) the average net assets in the client’s account at the end of each month during the quarter, or (3)
the average daily value of assets during the billing cycle. We prorate fees for shorter periods and may
adjust for cash flows during the fee period with the exception of de minimis amounts. We do not require
or solicit pre-payment of any type of fees in advance.

                          Institutional Strategies Annual Fees and Minimums

                                            Investment Management Fee            Minimum
                                            Charged on Individually                Initial
         Strategy                           Invested Assets                     Investment
         Multi-Asset                        0.65% on first $10,000,000          $5,000,000
                                            0.55% on next $15,000,000
                                            0.45% on balance
         All Cap Equity                     0.60% on first $10,000,000          $5,000,000
         Large Cap Equity (Core, Value)     0.50% on next $15,000,000
                                            0.40% on balance
         Mid Cap Equity                     0.50% on the first $20,000,000      $5,000,000
                                            0.40% on the balance
         SMID Cap Equity                    0.75% on first $10,000,000          $5,000,000
                                            0.65% on next $15,000,000
                                            0.55% on balance
         Small Cap Equity                   0.85% on first $25,000,000          $5,000,000
                                            0.75% on next $25,000,000
                                            0.65% on balance
         Developed International Equity     0.75% on the first $10 million      $5,000,000
                                            0.70% on the next $25 million
                                            0.65% on the balance

                   Wealth & Investment Management Annual Fees and Minimums

                                                                            Minimum
        Investment Management Fee for Accounts Comprised of         Minimum Initial
        Individually Invested Assets                                Fee     Investment
        1.0% on first $2,000,000                                    $20,000 $2,000,000
        0.7% on next $8,000,000
        0.6% on next $15,000,000
        0.5% on next $25,000,000
        0.4% on balance
        Investment Management Fee on Accounts invested              Minimum Minimum
        Entirely in Proprietary Funds                               Fee     Initial
                                                                            Investment
        When an account is invested entirely in Boston Trust        -No     $500,000
        Walden Funds and fixed income assets, the fixed income      minimum
        assets are charged a fee of 0.4%.                           Fee
        Investment Management Fee on Boston Trust Walden
        Mutual Fund Assets
        Mutual fund fees are automatically deducted within each Fund in accordance with
        the Fund’s expense ratio, in order to determine the Fund’s daily Net Asset Value
        (NAV). Client assets invested in Boston Trust Walden proprietary mutual funds are
        excluded from the Investment Management (account) fee.

        For the Boston Trust Walden Funds fee and expense information, please see the
        prospectus available on the Boston Trust Walden website:
        www.bostontrustwalden.com or by calling 1-800-282-8782 ext. 7050.
        Investment Management Fees on Third Party Mutual
        Funds
        Third party mutual fund assets are excluded from the billable portfolio value and are
        subject to the following fees:
            • Equity Funds: 0.50%
            • Fixed Income Funds: 0.25%

                                                                                Minimum
       Investment Management Fee for Accounts Comprised of          Minimum     Initial
       Individually Invested Fixed Income Assets Only               Fee         Investment
...

Item 7 Types of Clients
Boston Trust Walden Inc. provides investment management services to open-end registered
investment companies and separately managed accounts including: institutions, pensions,
government agencies, qualified clients and other institutional clients. Boston Trust Walden Inc.
provides investment management services to investors with environmental, social, and governance
(“ESG”) guidelines. Boston Trust Walden Inc. provides sub-advisory services to funds. As well, we
provide Model Delivery services.

Account Requirements
For separately managed accounts, we generally require a minimum dollar value of assets for
establishing or maintaining an account and/or will charge a specified minimum annual fee (see the
“Institutional Strategies Annual Fees and Minimums” or the “Wealth & Investment Management
Annual Fees and Minimums” above for the minimum initial investments). The account minimums or
minimum annual fees may be subject to waiver or negotiation. Funds have their own investment
requirements noted in their prospectus. Program Sponsors set the terms of Model Delivery Programs.