Impactive Capital LP

Item 5: Fees and Compensation

Impactive Capital generally charges Clients an asset-based management fee and performance allocation or
fee.

Impactive Capital deducts its management fees (“Management Fee”) generally from each Client quarterly
in advance. Management Fee rates generally range from 0.60% - 1.75% on an annualized basis. An affiliate
of Impactive Capital, Impactive Capital GP LLC, (the “General Partner”), a Delaware limited liability
company, serves as the general partner to one or more of the Clients and will receive performance-based
allocations (“Performance Allocation”) in respect of each Client on an periodic basis in arrears and upon
withdrawals by investors, subject to a highwater mark and in some cases, subject to certain other conditions
and/or restrictions. For a further discussion of the Performance Allocation, please see Item 6.

Impactive Capital may, in its discretion, waive, reduce or rebate the Management Fee and/or Performance
Allocation with respect to the investment of any investor, including its employees, owners, affiliates and/or
one or more investors.

In the event a Client terminates its investment management agreement with Impactive Capital appropriate
treatment will be given to all Management Fees and other compensation collected in advance (e.g., the
Management Fee would be pro-rated based upon the number of days elapsed in the applicable period prior
to termination and the balance of the Management Fee collected would be refunded).

In addition to the Management Fee and Performance Allocation and as set forth in more detail in the
applicable Governing Documents, each Client will generally pay all costs and expenses related to its
investments and its operations. Expenses will generally be shared by all of the investors in the Funds, while
expenses related to one or more particular series or classes of investments will be allocated accordingly.
For each Fund that invests all or a substantial portion of its assets through a “master fund,” each such
“feeder fund” will also be responsible for its pro rata portion of such master fund’s costs and expenses.
Expenses of more than one Client will be shared on an equitable basis among such Clients in accordance
with Impactive Capital’s expense allocation policy. Clients will reimburse Impactive Capital for any
expenses it pays on behalf of its Clients. In addition, certain common expenses of Impactive Capital and its
Clients, may initially be billed to Impactive Capital but will ultimately be allocated among Impactive
Capital and its Clients in accordance with Impactive Capital’s expense allocation policy regarding common
expenses.

Notwithstanding the foregoing, Impactive Capital may elect to bear some or all of the above expenses of
the Clients.

Impactive Capital and its supervised persons do not accept any compensation (e.g., brokerage commissions)
for the sale of securities or other investment products, including interests in the Funds.

For more information regarding Impactive Capital’s brokerage practices and brokerage expenses discussed
herein, please see Item 12.

Item 7: Types of Clients

Impactive Capital provides investment advisory services to one or more Funds and/or Managed Accounts.

Investors in the Fund and/or owners of Managed Accounts may include, but are not limited to, high net
worth individuals, family offices, fund-of-hedge funds, endowments, foundations, trusts, charitable
organizations, pension plans, and corporate or business entities.

Details concerning applicable investor suitability criteria are set forth in the respective Client’s Governing
Documents. The minimum commitment for an investor in a Client is outlined in the applicable Governing
Documents, including the discretion of Impactive Capital and its affiliates

to accept less than the minimum investment threshold. Each investor is required to meet certain suitability
qualifications.