Rothschild and Co Wealth Management UK Limited

Item 5 – Fees and Compensation

Our fees are charged as a percentage of assets under management. The standard management fee is
1% per annum (plus VAT, if applicable). We negotiate fees and may adjust this fee upwards or
downwards at our discretion, depending on individual client situations.

Foreign exchange transactions may be subject to currency commission. We may affect these
transactions with Rothschild & Co Bank AG (“R&Co Bank AG”), a related person. Under MiFID II
requirements, we may only use these arrangements where we consider that we would achieve at least
as good results for our client as we would from another broker or venue, mitigating this potential conflict.

The management fee is inclusive of investment services, investment reporting, and custody fees.
Custody services are provided by an external third party.

Our management fees are exclusive of brokerage commissions, transaction fees and other related
market or third-party costs and expenses that are incurred by the client. Item 12 describes the factors
that we consider in selecting brokers or counterparties for transactions and determining their
commissions and fees.

These fees are billed quarterly in arrears based on the previous three month-end account values in the
agreed reference currency. Clients are not required to pay fees in advance. Accounts initiated or
terminated during a calendar quarter will be charged a pro-rated fee.

All fees are agreed in advance with our clients and clearly stated in the IMA.

Item 7 – Types of Clients
We offer asset management services primarily to high-net-worth individuals, trusts, companies,
charities, and pensions. The minimum client relationship size is $10,000,000, although we may accept
smaller investments at our discretion.

In order to establish and maintain a relationship with us, each client must provide all necessary
documents to demonstrate compliance with the relevant regulatory and tax authority requirements
(including the UK, the U.S. and other jurisdictions, as applicable). A list of all required documentation
will be provided as a basis of the establishment of the new client relationship.