Farringdon Asset Management PTE Ltd

Item 5 - Fees and Compensation

Farringdon charges an annual management charge of 0.2% per quarter of the value of your investments. This fee
is deducted quarterly in arrears.

Other Types of Fees and Expenses

Farringdon’s fees are exclusive of brokerage commissions, transaction fees, and other related costs and expenses
that can be charged by the custodian (example Advantage Life) which shall be incurred by the client. Mutual
funds and exchange traded funds also charge internal management fees, which are disclosed in a fund’s
prospectus.

Such charges, fees and commissions are exclusive of and in addition to Farringdon’s fee, and Farringdon does not
receive any portion of these commissions or other charges. Client fees are generally deducted directly from client
accounts on a quarterly basis. Clients do have the option to pay their fees direct via bank transfer.

Refunds upon termination of the contract are made pro rata based upon time remaining in the quarter for which
payment has been received. Contracts may be terminated by either party upon written notice.

Financial planning services as well as advice and counsel for specific advice issues not involving an ongoing
relationship will be billed at the hourly rate of $350; payable when the service is rendered.

All fees are subject to negotiation.

Termination Policy

A client agreement may be cancelled at any time, by either party, for any reason, upon receipt of written notice.

Item 7 - Types of Clients

Farringdon Asset Management exclusively deals with clients who are classed as “Accredited Investors” by the
Monetary Authority of Singapore (MAS).

In Singapore, Accredited Investor is defined in Section 4A(1)(a) of the Securities and Futures Act (SFA), Chapter
289 as an individual with:
    1.   Net personal assets exceeding SGD 2 million (or equivalent in foreign currency). Or
    2.   Income in preceding 12 months of not less than SGD 300,000 (or equivalent in foreign currency). Or
    3.   A corporation with net assets exceeding SGD $10 million in value (or its equivalent in a foreign currency)
         or such other amount as the Authority may prescribe, in place of the first amount, as determined by —
         (A) the most recent audited balance-sheet of the corporation; or (B) where the corporation is not
         required to prepare audited accounts regularly, a balance-sheet of the corporation certified by the
         corporation as giving a true and fair view of the state of affairs of the corporation as of the date of the
         balance-sheet, which date shall be within the preceding 12 months;