EdgePoint Investment Group Inc

Item 5: Fees and Compensation
A. Advisory Fees and Compensation

Management Fee

Management fees for U.S. separately managed account Clients are generally based upon the below fee schedule
(per annum):

Mandate name                                           Fee (%)
Investment size
First $100 million                                     0.70%
Next $150 million                                      0.65%
Next $250 million                                      0.60%
Next $500 million                                      0.55%
Greater than $1 billion                                0.50%
Amounts expressed in U.S dollars.

EdgePoint in its sole discretion, may negotiate management fees on a client-by-client basis. Management
fees for U.S. separately managed accounts are calculated daily and payable quarterly, in arrears, or as
directed and authorized by the client.

B. Payment of Fees

Clients are invoiced directly by EdgePoint for the payment of management fees on a quarterly basis.

C. Additional Fees and Expenses

For U.S. separately managed account Clients, custodial fees and related costs are negotiated separately by
the Client directly with their custodian. Aside from the management fee, we do not charge additional fees
to open, operate or maintain the account. In addition to the fees outlined above, separately managed
accounts Clients will also incur brokerage and other transaction costs. Please refer to Item 12 of this
Brochure for more information on our brokerage practices.

D. Prepayment of Fees

As described in Item 5.A, the management fee for Clients is paid quarterly in arrears. Upon termination of
an advisory agreement, the final invoice for Clients will be based on the prorated fees calculated daily since
the previous invoice or as agreed to in the investment management agreement.

E. Additional Compensation and Conflicts of Interest

Neither EdgePoint nor any of its supervised persons accepts compensation (e.g. brokerage commissions)
for the sale of securities or other investment products.

Item 7: Types of Clients
EdgePoint provides discretionary investment management services to U.S. institutional investors
(foundations, endowments, pension portfolios).

The minimum account size is typically US$100 million for a separately managed account. At its discretion,
EdgePoint may waive this requirement.