Fisher Asset Management LLC

Fees and Compensation
Description
While at times FI may negotiate rates other than specified below, including sub-advisory clients, the following
schedule lays out FI's basic billing rates for FIIG clients:

Strategy: Global Equity Long/Short, All World Equity Long/Short Market Neutral

 Management Fee                                         1.00%
 Performance Fee                                        10% of excess return

Strategy: Small Cap Opportunities

                                                        Annual Rate
 First $150 million                                     1.25%
 Above $150 million                                     Negotiable

Strategy: All World Equity, All World Equity ESG Leaders, All World Equity ex-Japan, All World Equity ex-Korea,
All World Equity Focused, Global (ACWI) All Cap, Global (ACWI) All Cap ESG, Global (ACWI) Equity ESG, Global
(ACWI) ex Australia Equity, Global (ACWI) Focused Equity ESG, Global (ACWI) Growth Equity, Global (ACWI)
Responsible Equity ESG, Global (ACWI) Responsible Equity Focused, Global (ACWI) Sustainable Equity Impact,
Global (ACWI) Value Equity, Global Equity ESG Catholic Values, Global Equity ex-Canada, Global Equity High
Yield, Global Equity Low Tracking Error ESG, Global Growth Equity, Global Responsible Focused Equity ESG,
Global Shariah Equity, Global Total Return, Global Total Return ESG, Global Total Return ex Japan, Global Total
Return Focused, Global Total Return Focused ESG, Global Total Return Responsible ESG, Global Value Equity, Mid
Cap Value, Small and Mid Cap Core, Small and Mid Cap Core Equity ESG, Small and Mid Cap Core Equity Low
Carbon ESG, Small and Mid Cap Value, Small Cap Core, Small Cap Core ESG, Small Cap Value, US Small Cap
Capabilities ESG, US Small Cap Equity, US Small Cap Quant

                                                        Annual Rate
First $25 million                                       0.85%
Next $25 million                                        0.80%

February 11, 2026                                                                          Form ADV Part 2A      6

Next $50 million                                     0.75%
Next $50 million                                     0.70%
Above $150 million                                   Negotiable

Strategy: All Foreign Equity, All Foreign Equity ESG, All Foreign Equity Growth, All Foreign ex China Equity, All
Foreign ex China Equity Focused, European Equity, Foreign Equity

                                                      Annual Rate
 First $25 million                                    0.75%
 Next $25 million                                     0.65%
 Next $50 million                                     0.60%
 Next $50 million                                     0.50%
 Above $150 million                                   Negotiable

Strategy: North America Equity ESG, US All Cap Equity ESG, US All Cap Equity Focused ESG, US Large Cap
Growth Equity, US Large Cap Value Equity, US Shariah Equity, US Sustainable Equity Impact ESG, US Total Return,
US Total Return ESG

                                                      Annual Rate
 First $25 million                                    0.65%
 Next $25 million                                     0.60%
 Next $50 million                                     0.50%
 Next $50 million                                     0.40%
 Above $150 million                                   Negotiable

Strategy: UK Total Return

                                                      Annual Rate
 First $25 million                                    0.65%
 Next $25 million                                     0.60%
 Next $50 million                                     0.55%
 Next $50 million                                     0.50%
 Above $150 million                                   Negotiable

Strategy: All Foreign Equity Small Cap Quant (All Non-US Equity Small Cap Quant), China A Share, China All Share
Equity ESG, Emerging Markets Equity, Emerging Markets Equity ESG, Emerging Markets Equity Paris Aligned,
Emerging Markets ex China Equity, Emerging Markets ex Taiwan Equity, Emerging Markets Responsible Equity,
Global Small Cap, Global Small Cap ESG, Global Small Cap ex-Japan, Global Small Cap ex-Switzerland, Global Small
Cap Low Carbon

                                                      Annual Rate
 First $25 million                                    1.00%
 Next $25 million                                     0.95%
 Next $50 million                                     0.90%
 Next $50 million                                     0.85%
 Above $150 million                                   Negotiable

February 11, 2026                                                                        Form ADV Part 2A     7

Strategy: Global Quant, Global Equity ESG Quant

                                                      Annual Rate
 First $25 million                                    0.75%
 Next $25 million                                     0.65%
 Next $50 million                                     0.60%
 Next $50 million                                     0.55%
 Above $150 million                                   Negotiable

Strategy: Emerging Markets Sovereign Debt (Hard Currency)

                                                      Annual Rate
 First $25 million                                    0.60%
 Next $25 million                                     0.55%
 Next $50 million                                     0.50%
 Above $100 million                                   0.45%

Strategy: US High Yield Debt

                                                      Annual Rate
 First $100 million                                   0.50%
 Above $100 million                                   0.45%

Strategy: US Broad Fixed Income, US Broad Fixed Income ESG

                                                      Annual Rate
 First $25 million                                    0.34%
...

Types of Clients
Description
FI has a global client base of diverse investors including corporations, retirement plans and participants, public and
multi-employer pension funds, foundations, endowments, governments, investment companies, and high-net-worth
individuals across America, Europe, Canada, Australia, Asia, and the Middle East.
Account Minimums
At present, the FIIG separate account minimum is USD $10,000,000, but smaller accounts may be
accepted at FI’s discretion. FIIG commingled vehicle minimums are typically set at USD $5,000,000, but
smaller investments may be accepted at FI’s discretion.

February 11, 2026                                                                           Form ADV Part 2A      10

Methods of Analysis, Investment Strategies and Risk of Loss