Macquarie Investment Management Global Limited

Item 5: Fees and Compensation

A. Compensation
Fee rates are negotiable and may vary depending on a number of factors, including the size and nature of
the mandate and the nature of the services provided. Fees may comprise management fees (as a
percentage of gross or net assets under management, or a percentage of assets by platforms who use
registrant models), fixed fees and performance fees.

The specific fee arrangements, including the amount, timing, and basis of calculation is determined
through negotiations with the client and documented in a written agreement.

B. Payment of Fees
The time at which fees are payable is negotiated with the client. In general, management fees are
payable monthly or quarterly in arrears. Performance fees are payable on outperformance above an
agreed benchmark and may be subject to a high watermark and/or clawback. The written agreement with
the client generally provides that the client may terminate the agreement under specific circumstances
without the payment of any penalty, upon giving notice to MIMGL.

C. Other fees
No additional fees are paid to MIMGL by clients in connection with advisory services provided.

D. Payment of Fees in Advance
Clients are not required to pay fees in advance of advisory services being provided.

E. Compensation for Sale of Securities or Other Investment Products
MIMGL does not receive any compensation for the sale of securities or other investment products. All
forms of compensation are outlined in Item 5.A

Item 7: Types of Clients
MIMGL generally provides or will provide investment advisory services to the following types of clients:

    •   Investment companies
    •   Pooled investment vehicles
    •   Insurance companies
    •   Sovereign wealth funds and foreign official institutions
    •   Corporations/business entities
    •   Pension funds

MIMGL’s clients may also include governments, government agencies, international organizations,
educational institutions, and central banks.