Catalyst International Advisors LLC

Item 5 – Fees and Compensation

All fees that we charge clients are authorized and approved by the Directors of the
Catalyst International UCITS ICAV and outlined in the relevant fund Supplement. Please
refer to the Catalyst International UCITS ICAV Prospectus and the relevant fund
Supplement for more detailed and final information regarding any fees.

The current investment management fee is accrued daily based on an annual percentage
of net assets under management in accordance with the fund’s regulations and varies
based on share class:

 Fund/Class                                            Management Fee
 Catalyst International Income Opportunities Fund      0.66% (currently waived)
 – Founder USD Accumulating Class B
 Catalyst International Income Opportunities Fund      0.66%
 – Founder EUR (Hedged) Accumulating Class B
 Catalyst International Income Opportunities Fund      1.00%
 – Institutional USD Accumulating Class B
 Catalyst International Income Opportunities Fund      1.50%
 – Retail EUR Accumulating Class B

A portion of this fee is used to pay the Sub-Investment Manager. We may waive our fees,
possibly in entirety, to maintain the total operating expenses of the UCITS fund below a
certain level in accordance with the offering documents.

In certain cases, our registered fund clients may also pay us a performance fee.

                                           Catalyst International Advisors LLC Brochure

Item 7 – Types of Clients

Currently, our only client is the Catalyst International Income Opportunities Fund, a sub-
fund of the Catalyst International UCITS ICAV. We are actively pursuing the launch of
other UCITS funds, including one UCITS fund that is currently in registration.

                                            Catalyst International Advisors LLC Brochure