Epoch Capital US LLC

ITEM 5 – FEES AND COMPENSATION

Advisory Fees
Epoch charges fees and expenses, pursuant to an Investment Management Agreement between
Epoch and each Client (“Management Agreement”) and/or the relevant governing documents of
the Client. Unless otherwise specified in the Management Agreement or relevant governing
documents, Clients will generally pay Epoch an asset-based management fee (“Base Fee”) and a
performance-based fee or allocation (“Performance Fee”) as set forth in the Management
Agreement and/or the governing documents of the Client.
Base Fee. The Base Fee is calculated monthly as a percentage of certain assets under management
plus cash, and is paid in advance. If a Management Agreement is terminated, a pro rata portion of
any prepaid Base Fee in respect of such quarter will be returned to the Client. Subject to exceptions
described in a Management Agreement, to the extent that Epoch or any of its employees receive
monitoring, transaction, closing, advisory, director, break-up, consulting and other similar fees
with respect to Client assets (“Transaction Fees”), such Transaction Fees offset permitted
expenses, and any remaining Transaction Fees will reduce the future amount of Base Fees payable
to Epoch on a dollar-for-dollar basis.

Performance Fee. The Performance Fee is generally calculated annually as a percentage of net
profits (realized or unrealized) attributable to the Client’s assets being managed and in accordance
with the Management Agreement and/or governing documents of such Client. Other performance
allocations, interests or fees can be agreed to by each Client. The Performance Fee accrues
throughout the year and is typically allocated on the last day of the year (or earlier in the case of a
termination).

Specific details about the Base Fee and Performance Fee (or allocations) payable by a Client are
set out in the Management Agreement and/or in the governing documents of each Client.

Other Fees and Expenses
In addition to the Base Fee and Performance Fee described above, the Clients will also generally
bear all fees, costs, expenses and liabilities incurred in connection with the Clients’ operations,
investments and/or assets as well as all other expenses as described in the Management Agreement
and/or relevant governing documents of each Client (“Client Expenses”). Client Expenses will be
reimbursed from each Client’s assets. To the extent that a Client’s assets are insufficient to cover
the expenses, the Client will pay for such expense or expense reimbursement upon the receipt of
an invoice from Epoch. Expenses payable by a Client may vary by written agreement with the
relevant Client as described in the Management Agreement and/or relevant governing documents
of each Client; however, Clients are generally expected to pay the Client Expenses as set out in
the Management Agreement and/or relevant governing documents of each Client. Such expenses
include, but are not limited to: transaction and investment-related expenses such as analysis,
negotiation, consummation and sales expenses related to assets (including, but not limited to, any
costs related to broken-deals and travel); operational and administrative expenses (e.g., legal,
accounting, regulatory); administrative costs associated with Client accounts paid to third-parties;
communications and meetings with Clients; regulatory expenses, including organization or
maintenance of any entity used in connection with the Client or any asset or investment; software,
database, order and portfolio management systems or other third-party system expenses; third-
party valuation agent expenses; risk management assessment; and litigation-related,
indemnification and insurance expenses.

Client Expenses include costs for brokerage. Please refer to Item 12 for a discussion of Epoch’s

ITEM 7 – TYPES OF CLIENTS

Epoch’s clients are hedge funds (the “Hedge Funds”). Epoch intends to provide investment
advisory services to other clients, which will be “qualified clients” within the meaning of Section
205(a)(1) of the Investment Advisers Act of 1940, as amended (the “Advisers Act”). Certain
clients will require a minimum capital commitment or investment amount.