Promethos Capital LLC

ITEM 5 – FEES AND COMPENSATION

Promethos Capital typically assesses investment management fees quarterly in arrears but may
assess them on a more frequent basis. Fee rates are stated in each client investment advisory
agreement. Investment management fees are generally not automatically deducted from client

portfolios. Fees are based on the total average daily net assets of the client account during the
billing cycle. Fees for portfolios that are managed for less than the full period are pro-rated. Fees
and account minimums are negotiable for each strategy based on factors that include the size of
the mandate, investment guidelines, servicing requirements, and the current or project overall
relationship with Promethos Capital. As a result, management fees and account minimums will
generally vary from client to client.
General Fee Schedule Information
The fee for portfolio management services provided by Promethos Capital to clients is based upon
the total average monthly market value of the account during the billing cycle. Fees and minimums
are negotiable. The fee is computed according to the following schedule:
Active Management Strategies:
Assets Under Management               Management Fee
First $100 million                    0.70% annually
Balance over $100 million             Negotiable
For clients with less than $10 million in assets under management, the fee is typically 0.75%
annually.
The minimum institutional separately managed account size is $5 million.

Model Delivery Fees for ADR and Global Equity:
Assets Under Supervision       Management Fee
First $100 million                 0.40% annually
Balance over $100 million             Negotiable

Promethos Capital’s fees are exclusive of brokerage commissions, transaction fees, transfer and
other taxes, and other trading costs, which are paid by the client. Clients typically incur certain
charges imposed by their custodian or prime broker. These fees are exclusive of, and in addition
to, Promethos Capital’s investment management fee and Promethos Capital does not receive any
portion of these commissions, fees, or costs. For additional information, see Item 12 Brokerage
Practices below.
In limited instances, Promethos Capital may charge a fixed fee as opposed to an asset-based fee.
Fixed fees for portfolio management services are negotiated and agreed upon based on client type,
asset class, pre-existing relationship, portfolio complexity and account size.
Model Portfolios. When Promethos acts as a model portfolio provider, we receive a fee from the
program sponsor based on total client account assets. Client fees are set by the program sponsor

and therefore vary from one program to another. With respect to sub-advised accounts offered
through Promethos’ agreement with a platform investment adviser, fees are negotiated and
minimum account sizes vary, depending on the Firm’s agreement with the investment adviser.
Total fees paid by the client include the fee to Promethos as sub-adviser, and an additional
investment adviser platform fee.
For clients subject to ERISA and the Internal Revenue Code, Promethos Capital’s receipt of
compensation and fees is subject to the restrictions imposed by ERISA and the Internal Revenue
Code and any applicable exemptions thereto. Pursuant to Department of Labor Rule 408(b)(2), as
a fiduciary and service provider to ERISA clients, investment advisers are required to make
disclosures about their receipt of direct and indirect compensation. All direct compensation is in
the form of advisory fees which are detailed in the investment management agreement with the
client. Our general fee structure is outlined above. Indirect compensation, as defined in Rule
408(b)(c) includes items such as our receipt of soft dollars. To the extent permissible under Section
28(e) of the Exchange Act, an investment adviser may use soft dollars. The soft dollar policy is
discussed more fully in Item 12 Brokerage Practices below.

ITEM 7 – TYPES OF CLIENTS

Promethos Capital offers discretionary portfolio management services to individuals, investment
companies (mutual funds, including variable annuity funds), corporations or other business
entities, private and governmental retirement, pension and profit-sharing plans, charitable
organizations, trusts and estates, endowments, foundations, and non-profit entities, banks, and trust
companies. In addition, Promethos offers model portfolio services to institutional clients.