First Sentier Investors Australia IM Ltd

Item 5: Fees and Compensation
Fees and compensation are negotiated on a case-by-case basis with our clients. We either charge a
management fee based on a percentage of AuM or clients choose to pay a fee consisting of a combination of
a percentage of AuM and a performance-based fee.

FIRST SENTIER GROUP

A member of MUFG, a global financial group

                                                              Internal

Clients pay management fees monthly or quarterly in arrears (in accordance with the terms set out in the
client agreement) and performance-based fees (if applicable) are calculated in accordance with the agreed
formula and paid quarterly or annually in arrears (in accordance with the terms of the client agreement).
We invoice clients directly for the fees they have incurred. We will not deduct our fees directly from the client
account, however, the client can instruct the custodian to pay FSI AIM out of the assets in the client account
once the fee calculation has been reviewed and accepted.
In addition to FSI AIM’s management fee, clients will incur other fees and expenses charged by third parties in
relation to their account, including, for example custody fees, brokerage, foreign exchange fees and other
transaction costs.
Account termination provisions are specified in the individual client agreements. However, generally the client
can terminate the agreement by providing us with written notice. Upon termination of any account, any
prepaid, unearned fees will be promptly refunded, and any earned, unpaid fees will be due and payable.

Item 7: Types of Clients
We provide investment advice to institutional investors and accredited investors including:
     Banking or thrift institutions
     Investment companies
     Pooled investment vehicles (other than investment companies & business development companies)
     Pension and profit sharing plans (but not the plan participants or the government pension plans)
     Charitable organizations
     State or municipal government entities (including government pension plans)
     Other investment advisers
     Insurance companies
     Sovereign wealth funds and foreign official institutions
     Corporations or other businesses not listed above

FSI AIM typically requires a minimum account size of US$50 million for a separate account. Clients are generally
“qualified purchasers” as defined in section 2(a)(51)(A) of the Investment Company Act of 1940.