Radiant Global Investors LLC

Item 5. Fees and Compensation

Radiant offers and earns advisory or sub-advisory fees on the following types of investment
products: separately managed accounts, open-end mutual funds registered under the Investment
Company Act of 1940; and commingled privately placed funds offered to qualified and accredited
high net worth individuals and institutional clients.

Separate Account Management

Fee Rates

Fee rates vary depending on the strategy being managed and the amount of assets under
management. The standard institutional fee rate per annum for the Radiant strategies is provided
below:

                                           Standard Institutional Fee Schedules
    Strategy                           $0 - $100M     $100M+ - $500M       $500M+
    US Smaller Companies                  0.70%            0.65%            0.60%
    One Life *                            0.75%            0.70%            0.65%
    Positive Trend Quality *              0.50%            0.45%            0.40%
    Positive Transformation *             0.75%            0.70%            0.65%
   * Strategy not yet funded.

Billing

Radiant invoices separately managed client accounts for advisory fees in arrears. Invoices are sent
to clients on a quarterly basis and are typically based upon average ending assets under
management at month-end. Clients may choose alternative advisory calculations based upon
each specific Investment Management Agreement. Radiant does not deduct fees directly from
separately managed client accounts.

A client agreement may be canceled at any time, by either party, for any reason upon receipt of
30-day written notice. In the event of a new account opening or termination intra-period, fees
will be calculated on a pro rata basis using the average assets under management during the
shortened period.

Form ADV Part 2A                                                                                6

Radiant Global Investors LLC

Other Expenses and Additional Costs
Other service providers are compensated for providing services to client separate accounts. The
Custodian and Broker-Dealer, among others, will charge fees for providing account services such
as custody, taxes, transactions, and trading. Clients are billed separately for all custody and
transaction costs. Lower fees for comparable services may be available from other sources.

Sub-Adviser to an Investment Company

Radiant was appointed sub-adviser to the HSBC Radiant U.S. Smaller Companies Portfolio in
June 2022. The Mutual Fund charges 0.60% per annum for management fees, of which Radiant
receives 0.35% per annum and the adviser receives 0.25% per annum, on the amount of assets
held in the Mutual Fund. The annual fee is paid quarterly in arrears based on the daily net asset
value of the Mutual Fund. Radiant believes that its fees are competitive with those fees charged by
other investment advisers for comparable services; however, Radiant’s fees may be higher or
lower than fees charged by other investment advisers. In addition to Radiant’s management fee,
shareholders pay other annual fund expenses such as shareholder servicing fees, and other
operating expenses and fees (“Net Annual Fund Operating Expenses”).

As a sub-adviser to the HSBC Radiant U.S. Smaller Companies Portfolio, Radiant selects brokers
to the Mutual Fund who are responsible for executing securities transactions. Each broker
receives commissions for its services. Radiant will not lower or offset its management fee by the
amount of compensation received by the brokers.

Adviser to a Private Fund

The management fee for the Private Fund is 0.65% per annum. The managing member may offer
discounted management fees to certain investors in consideration of special circumstances (e.g.
seed investors, large contributors). The fee shall be calculated and payable monthly in arrears after
the end of each calendar month, and calculated on the net asset value in each capital account as
of the end of such calendar month (without regard to subscriptions or withdrawals effected as of
the end of such calendar month). Investors in the Private Fund should refer to the offering
documents for additional/supplementary information regarding the various fees and charges
associated with investments in the Private Fund.

Item 7. Types of Clients
Radiant offers separate account investment management services for institutional clients,
including public and private pension plans, endowments and foundations, and other pension
schemes. Generally, Radiant’s minimum account size for separate account management is
$25,000,000; however, Radiant reserves the right to accept smaller accounts at its discretion.
Radiant is the sub-adviser to the HSBC Radiant U.S. Smaller Companies Portfolio, an open-end
mutual fund registered under the Investment Company Act of 1940.
Radiant also provides investment management services on a discretionary basis to the Radiant U.S.
Smaller Companies Fund, LLC, a Delaware limited liability company. Interests in the Private Fund
are offered and sold exclusively through the means of private placement memorandum to investors
satisfying the applicable eligibility and suitability requirements.