GQG Partners LLC

Fees and Compensation and Item 10. Other Financial Industry Activities and Affiliations, below.

The minimum initial investment for institutional clients in each separate account strategy is US$150
million. We may waive the minimum initial investment requirements from time to time in our discretion.
As noted above, different account minimums apply to accounts associated with managed account
programs. For clients that contract directly with GQG, we collect identification documentation and
conduct other identification verification procedures, including screening clients against multiple
jurisdictional sanction lists, such as the Specifically Designated Nationals and Blocked Persons list
maintained by the U.S. Department of the Treasury’s Office of Foreign Asset Control (OFAC).

Pursuant to an investment management agreement between GQG and Pacific Current Group Limited
(“PAC”), GQG provides investment advisory services to PAC regarding certain assets held by PAC as well
as certain other back-office and administrative services pursuant to a separate consulting agreement
(the “PAC Services”). PAC is an Australian publicly traded company, which holds minority investments in

certain investment advisers.

Item 7. Types of Clients

We provide discretionary and non-discretionary advisory services to a broad range of institutional clients,
pension plans and pooled investment funds. Our institutional clients include registered mutual funds,
exchange-traded funds, UCITS funds, private funds as well as other managed funds sold outside of the
US, including those for which we serve as managing member, and collective investment funds, as well as
public agencies and sovereign organizations, among others, that are domiciled in or outside the United
States. As noted above, we also provide investment advisory services in connection with managed
account programs, including, but not limited to, “wrap” account programs, “dual contract” and/or
“model portfolio” programs. Program sponsors are typically financial intermediaries such as registered
broker-dealers and investment advisers, banks or trust companies. Participants in those programs
include individuals and entities. For more information on our advisory relationships, please see Item 5.
Fees and Compensation and Item 10. Other Financial Industry Activities and Affiliations, below.

The minimum initial investment for institutional clients in each separate account strategy is US$150
million. We may waive the minimum initial investment requirements from time to time in our discretion.
As noted above, different account minimums apply to accounts associated with managed account
programs. For clients that contract directly with GQG, we collect identification documentation and
conduct other identification verification procedures, including screening clients against multiple
jurisdictional sanction lists, such as the Specifically Designated Nationals and Blocked Persons list
maintained by the U.S. Department of the Treasury’s Office of Foreign Asset Control (OFAC).

Pursuant to an investment management agreement between GQG and Pacific Current Group Limited
(“PAC”), GQG provides investment advisory services to PAC regarding certain assets held by PAC as well
as certain other back-office and administrative services pursuant to a separate consulting agreement
(the “PAC Services”). PAC is an Australian publicly traded company, which holds minority investments in

certain investment advisers.