Praxis Alpha Partners LLP

Item 5: Fees and Compensation
A. Advisory Fees and Compensation
Fee Schedules - All U.S. clients of the Firm are “qualified purchasers” as defined in Section
2(a)(51) of the Investment Company Act of 1940, as amended. Consequently, the Firm has not
included specific fee information in this brochure relating to its clients.

Deduction of Fees - Investment management fees and performance allocations are typically
invoiced to the client and settled in arrears.

B.   Payment of Fees

Praxis Alpha Partners LLP                                                     Form ADV Part 2A

The Firm’s fees for its investment advisory services are generally payable monthly or quarterly
in arrears. The Firm does not allow clients to elect that the Firm deduct its fee directly from their
account. Upon termination of the Firm’s investment advisory services with respect to a client
account, any earned, unpaid fees will be immediately due and payable by the applicable client.

C. Other Fees and Expenses
In addition to paying investment management fees, client accounts will also be subject to other
investment expenses 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. Client assets may be also invested in
money market mutual funds or other investment funds. In these cases, the client will bear its
pro rata share of the investment management fees and other fees and expenses of the fund,
which are in addition to the investment management fee paid to the Firm.

The section below entitled “Brokerage Practices” describes the factors that the Firm considers
in selecting or recommending broker-dealers and determining the reasonableness of their
compensation.

D. Advance Payment of Fees
Clients do not pay fees in advance.

E. Compensation for the Sale of Products
Neither the Firm nor its supervised persons will receive any form of compensation as broker or
agent for the sale of securities or other investment products by any client account.

Item 7: Types of Clients
Types of Clients - As noted under Item 4 – Advisory Business above, The Firm provides
discretionary investment advisory services to separately managed accounts. The Firm’s clients
may include institutions and high net worth individuals.

Minimum Investment Requirements – The Firm generally requires that a client invests a
minimum of $25,000,000 to open a separately managed account. However, the Firm may accept
a lesser initial investment in its sole discretion.