Northwest Investment Management Hong Kong Limited

Item 5. Fees and Compensation

A. Advisory Fees and Compensation.

Asset-Based Compensation

The Adviser is paid an asset-based investment management fee ranging from 0% to 2.0% per annum of
the net assets of the respective client account.

Investment management fees are charged either each month or each quarter in arrears based on the
total market value of the assets in the client account (including net unrealized appreciation or depreciation
of investments and cash, cash equivalents and accrued interest) on the last day of the month or quarter.
If a new client account is established during a month or quarter or a client makes an addition to its
account during a month or quarter, the investment management fee will be prorated. If a client’s
investment management agreement is terminated during a month or quarter, the fee payable to the
Adviser will be calculated based on the value of the assets on the termination date and prorated for the
number of days during the month or quarter in which the investment management arrangement was in
effect.

Management fees assessed on investments in pooled investment vehicles by the employees of the
Adviser (Class A1) are waived entirely.

These fees are not negotiable.

Performance-Based Compensation

The Adviser will also be paid performance-based compensation, which is compensation that is based on
a share of capital gains on or capital appreciation of the assets of a client account (such as a client
account that is a hedge fund or other pooled investment vehicle). This compensation ranges from 0% to
20% and is collected on a high water mark basis.

These fees are not negotiable.

B. Payment of Fees. The investment management fee is deducted from client accounts on a monthly or
quarterly basis by the client’s administrator or custodian.

C. Other Fees and Expenses. In addition to paying investment management fees, client accounts will
also be subject to other investment expenses in accordance with the relevant Offering Memoranda or
Investment Management Agreement such as custodial charges, brokerage fees, commissions and
related costs; interest expenses; taxes, duties and other governmental charges; transfer and registration
fees or similar expenses; costs associated with foreign exchange transactions; other portfolio expenses;
and costs, expenses and fees associated with products or services that may be necessary or incidental to
such investments or accounts. In addition, client accounts will incur brokerage and other transaction
costs. Please refer to Item 12 of this Firm Brochure for a discussion of the Adviser’s brokerage practices.
The clients are also responsible for paying all of their own costs including director fees and insurance,
administration, accounting, auditing, legal fees.

The Adviser allocates common client expenses among multiple clients pro rata based on net assets
under management as of the beginning of each quarterly period in which the expenses are paid.

Item 7. Types of Clients

The majority of the clients of the Adviser are offshore open-ended pooled investment vehicles. There is
also one separately managed account. The Adviser, however, is not precluded from advising other types
of clients.

With respect to any client that is a pooled investment vehicle, any initial and additional subscription
minimums are disclosed in the offering memorandum for the pooled investment vehicle.