Lynx Asset Management AB

ITEM 5: FEES AND COMPENSATION

Standard Fee Schedule
As compensation for its advisory services, Lynx will charge investors a management fee and an
incentive fee based on performance (also referred to as “performance-based fee” below. Such
fees are subject to negotiation for Managed Accounts and may therefore differ between
different Managed Accounts. For Fund investments a standard fee schedule applies. Fees will be
deducted directly from the investor’s account and will be calculated and paid as follows:
Lynx is typically entitled to receive a management fee, payable in arrears, generally in an amount
up to 2% of the Net Asset Value, before deduction of any performance fee. At the end of the
first calendar month following the commencement of trading for an Account, and after the
investor has instructed Lynx to cease managing its account, the management fee shall be
calculated pro rata based upon the number of days in the month that the Account was managed
by Lynx. Management fee for intramonth additions to and/or withdrawals from the Account are
also charged on a pro rata basis. Management fees are payable whether the Account is
profitable or not.
Regarding the incentive fee please see “Item 6 — Performance-Based Fees and Side-By-Side
Management” below for further details.
Additional Fees and Expenses payable by clients
Lynx’s standard fee schedule is exclusive of any brokerage commissions, exchange fees,
regulatory fees, and other service provider fees - such as inter alia fees charged by custodians,
administrators, directors and auditors – as well as other related costs and expenses which will
be incurred by the investor. Execution of investor transactions typically requires payment of
brokerage commissions by investors. We hereby refer to “Item 12 —Brokerage Practices” for
further details.
Investment activity may also involve other transaction fees payable by investors, such as sales
charges, odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other
fees and charges on brokerage accounts and securities transactions. In addition, investors may
incur certain charges imposed by custodians, broker/dealers, third-party investment
consultants, and other third parties, such as custodial fees, consulting fees, administrative fees,
transfer agency fees etc. Finally, investors are also subject to potential indemnification
obligations described in “Item 8—Methods of Analysis, Investment Strategies and Risk of Loss.”
Aside from the fees listed above and in Item 6, neither Lynx nor its employees receive, directly
or indirectly, any compensation related to the sale of interests in the investment programs.

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ITEM 7: TYPES OF CLIENTS

The investors in the Funds and Managed Accounts include, but are not limited to, long-term
institutional investors such as pension plans, government entities, pooled investment vehicles
and sovereign wealth funds and to a smaller extent retail investors in Sweden.
The minimum initial account size for a Managed Account is currently US $50 million. Lynx may
lower or increase the minimum Managed Account size at any time in its sole and absolute
discretion. The account size determines the level of trading (i.e. the number of contracts
purchased or sold) for the account and does not refer to the level or type of funding in the
account with notional funds. Lynx reserves the right to stop accepting new Managed Accounts.
The general minimum investment into a Fund is US $250,000 or the equivalent in other
currencies. However, the minimums may, subject to applicable law, be waived or modified. For
our Sweden based fund vehicles, which are not open for US investors, special investment
conditions apply.

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