Edgeworth Capital PTY Ltd

Item 5: Fees and Compensation

The fees, expenses, and/or allocations as applicable to the Clients are set forth in detail in their
respective governing, offering, and other relevant agreements. Any applicable fees, expenses
and/or allocations are deducted from an Investor’s assets as described in the Funds’ offering
document.

Regarding the Edgeworth Global Fund

Different fee terms may apply to other Funds and to SMAs, as set forth in the applicable
governing or offering documents.

Management Fee

The Firm charges a management fee per annum equal to a percentage of the net asset value
(“NAV”) of the relevant class of units in the Edgeworth Global Fund. This fee is calculated and
accrues monthly at the end of each month based on the NAV after any current accrued fund
expenses, but before any current period performance fee accrual, and is charged monthly in
arrears.

Item 7: Types of Clients

Edgeworth Capital manages private pooled investment vehicles and separately managed
accounts as described above in Item 4: Advisory Business. In the future, the Firm may provide
investment management and advisory services to other clients, including other private funds and
separately managed accounts.

Investors in the Funds are generally institutional investors, family offices, high net worth
individuals, employees, and other sophisticated investors. The Edgeworth Global Fund is offered
only to “Wholesale Clients” (within the meaning of section 761G of the Australian Corporations
Act 2001 (Cth)), to accredited investors and/or “qualified purchasers” within the meaning of the
US securities laws and regulations, or equivalent in the investor’s jurisdiction.

The units in the Edgeworth Global Fund have not been, and will not be, registered under the U.S.
Securities Act of 1933 or the securities laws of any U.S. state and may only be offered and sold (i)
in the United States in transactions exempt from registration to persons who are both
institutional accredited investors and “qualified purchasers”, and (ii) outside the United States to
persons that are not “U.S. persons” in offshore transactions in compliance with Regulation S.

The minimum initial investment for each investor in the Edgeworth Global Fund is generally
A$250,000, unless otherwise approved by the trustee in consultation with the Firm. The
minimum additional investment is generally A$50,000. The minimum holding amount is generally
A$100,000, and the minimum redemption amount is generally A$50,000 (each unless otherwise
approved by the trustee in consultation with the Firm).

Applications and redemptions for the Edgeworth Global Fund are generally processed monthly.
Subscription applications are generally processed at month-end (subject to receipt and
acceptance of a completed application at least three business days before month-end).
Redemption requests must generally be provided at least 45 days prior to the proposed
redemption date (generally the first business day of each month), and the trustee may delay
redemptions in certain circumstances.

The Firm has required the SMA Clients to enter into a written investment management
agreement with Edgeworth Capital. Minimum account sizes will vary, and the Firm may waive
any account minimum.

                                                                FORM ADV, PART 2A: Firm Brochure