First Sentier Infrastructure Managers International Limited

Item 5: Fees and Compensation
Private Funds
For management of the Private Funds, FSIMIL will receive a management fee as a percentage of funds under
management paid quarterly in arrears. FSIMIL will also be entitled to a performance fee on the terms described
in the constituent documents of the fund and the private placement memorandum.

FSIMIL will pay out of the assets of the Private Fund (and accordingly, the investors will bear) all of the ordinary
and extraordinary expenses, which include, but are not limited to:
         Expenses associated with the holding of existing investments, for example valuation fees;

         Expenses associated with the acquisition or disposal of investments, for example due diligence costs;

         Administrative costs, for example registry and custodial charges;

         Costs incurred in obtaining financial accommodation for the Private Fund;

         Interest charges on financial accommodation;
         Costs incurred in connection with professional consultants or advisors (e.g. legal, tax, accounting, audit
          or valuation) whether or not members of MUFG ;

         Communication and reporting expenses (including costs incurred to convene meetings, etc.); and

         Other costs including bank fees and printing and postage costs.

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Item 7: Types of Clients
FSIMIL provides investment management services to Private Funds. FSIMIL does not anticipate registering such
investment vehicles under the U.S. Investment Company Act of 1940 and their shares or interests, as applicable,
will not be registered under the U.S. Securities Act of 1933. Accordingly, the Private Funds will not be publicly
offered in the United States.