Matthews International Capital Management LLC

Item 5 - Fees and Compensation
         Matthews’ annual management fee rate for most institutional separate accounts begin at
    0.75% of assets under management. Current annual management fee rates for such accounts
    with specialized objectives, including, for example, accounts investing in smaller companies,
    begin at 1.00% of assets under management. Management fees may be negotiated. We may
    charge different fees for specific mandates or may agree to different or lower fees in recognition
    of the specific services provided, the client type or location, the amount of prospective assets in
    addition to actual assets to be managed, the relationship with other accounts we manage or
    other factors. We may amend our fee schedule at any time.
         Matthews charges varying fees to the Matthews International Funds d/b/a Matthews Asia
    Funds (“Matthews Asia Funds”)1, similar non-U.S. funds, institutional separate accounts, and each
    series of Matthews Asia Institutional Funds, LLC (“Matthews Private Funds”). Each fund has its
    own prospectus or other relevant offering document, and each institutional separate account
    has an investment management agreement, which among other items, details applicable fees
    and the manner of payment. Our investment management agreement with a client will state the
    specific manner for charging advisory fees.
         Generally, our advisory fees are calculated at an annual rate, and payable monthly in
    arrears, based on the actual number of days and the average daily net asset value of a client’s
    portfolio. Fees may be prorated for periods of less than one month. Upon termination of an
    account, any earned, unpaid fees will be due and payable. Other advisory firms may charge
    different or lower fees for comparable services.
         Generally, clients may choose to be billed directly for fees or may authorize Matthews to
    directly deduct fees from their fund or account. If we are authorized to deduct fees directly, the
    client’s custodian should send a quarterly statement showing transactions in the account, including
    our fees, directly to the client and we will receive paper or electronic copies of the custodian’s
    statements. We urge clients to carefully review these statements, where applicable, and
    compare the official custodial records to any account statements that may be sent by Matthews.
    Our statements may vary from the statements produced by the custodian due to differences in
    reporting dates, timing and sources of valuation used by us and the custodian.
         In addition to our management fees, clients may also pay fees and expenses of other
    service providers, including, but not limited to, custodial fees, sales charges, transfer taxes,
    foreign investment license fees, wire transfer and electronic fund fees, and other fees and taxes
    on brokerage accounts and securities transactions (including commissions). These charges,
    fees and commissions are in addition to Matthews’ fee; they are paid to other parties, and we do
    not receive any portion of these amounts. Please refer to Item 12 below for information on the
    use of commissions to acquire research and brokerage services.

1 Matthews Asia Funds currently consist of mutual funds and exchange traded funds (“ETFs”) registered under
the U.S. Investment Company Act of 1940, as amended.

     With respect to the Matthews Private Funds, each such fund bears all of its respective
expenses relating to it and its business, including the costs of operating and administering its
affairs including, without limitation: fees and reimbursable expenses of any third-party
administrator; fees and reimbursable expenses of the custodian; communication and printing
expenses of Matthews and its affiliates in connection with fund activities (including marketing
materials and publication of the fund’s net asset value); transfer and other taxes; the costs of
insurance premiums; legal and bookkeeping costs; auditing; accounting and tax preparation fees
and expenses, including any related software used for the foregoing; filing fees; expenses
related to regulatory filings made in connection with the fund’s operations; costs of member
reporting; costs of fund governance activities (such as obtaining member consents if and when
necessary or appropriate); any and all taxes (including entity-level taxes, to the extent not
attributable to specific members, as determined by Matthews) and governmental fees or other
charges payable by or with respect to the fund; litigation (both actual and threatened),
indemnification and other extraordinary expenses; liquidation expenses; and all other costs and
expenses that are similar in type and nature to the expenses described above, including costs
and expenses related to the management and operation of the fund. Additionally, each Matthews
Private Fund generally will be responsible for a pro rata portion of any common expenses among
other Matthews Private Funds, if any, in addition to its own organizational, offering, and operating
expenses, including those related to its investment activities.
    Item 12 below describes the factors that we consider when selecting broker-dealers and
other counterparties for securities transactions, including the use of commissions to acquire
research and brokerage services. It is the relevant fund or client’s account, and not Matthews,
that will pay the commissions and other fees charged by broker-dealers and other
counterparties. Neither Matthews nor our supervised persons receive or accept commissions or
similar compensation for the purchase or sale of securities or other investment products.

Item 7 - Types of Clients
       Matthews manages portfolios for institutional clients, which may include pension and profit-
   sharing plans, insurance companies, endowments, foundations, and other business entities
   around the world through separate accounts. Matthews also acts as investment adviser to
   pooled investment vehicles, including U.S.-registered mutual funds and ETFs, funds registered
   under the laws of Luxembourg, United Kingdom, and Canada and unregistered investment
   vehicles, such as the Matthews Private Funds.
       Matthews typically requires a minimum asset size of US$50 million to open an institutional
   separate account. The minimum may not apply to all strategies that we manage, and we may
   change or waive the minimum requirement. For example, we may not apply a minimum size
   requirement in consideration of the nature of a specific mandate, the specific services provided,
   the client type or location, and the amount of prospective assets in addition to assets to be
   managed, or where relationships exist with other accounts we manage.