First Sentier Investors UK IM Limited

Item 5: Fees and Compensation
  Fees and compensation are negotiated on a case-by-case basis with our clients. We charge an advisory
  fee based on a percentage of funds under management.

  Clients pay advisory fees quarterly in arrears.

  We will normally invoice clients directly for the fees they have incurred. Clients may elect to separately
  pay the advisory fee to FSI UK or may direct the Custodial Trustee to pay the fee to FSI UK by
  redeeming the appropriate number of units.

  In addition to FSI UK’s advisory fee, clients incur other fees for example fund administration, audit and
  legal fees.

Item 7: Types of Clients
  We provide investment advice to institutional investors and accredited investors including:

           –    Pension plans
           –    Investment companies
           –    Other pooled investment vehicles (exempt from registration)
           –    Endowments
           –    State and Municipal organisations
           –    Charitable organisations

  FSIIM 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.