Sonen Capital LLC

Item 5 Fees and Compensation

Asset Management Fees
Pursuant to an Investment Management Agreement contract signed by each client, the client will
pay Sonen a quarterly Investment Advisory fee, in advance or in arrears and prorated to the end,
or beginning, of the quarter, upon inception of the account, as the case may be. Investment
Advisory fees range up to 2.0% per annum depending on the type and complexity of the investment
management strategy employed as well as the size of the account or overall client relationship.
Investment Advisory fees may be reduced or waived for directors, officers, and employees of
Sonen at the discretion of management. These fees may be negotiated by Sonen at its sole
discretion. In certain instances, the Custodian will automatically deduct Investment Advisory fees
from the client account on a quarterly basis.

Sonen has also entered negotiated, fixed-fee arrangements with clients. The level of fixed fees
charged may vary based on the scope of services provided to the client as agreed upon in the
advisory contract.

For investment advisory services to private funds, Sonen receives an annual management fee that
generally ranges from 0.50% to 1% depending on the complexity and geographic reach of the
investment mandate. Such fees are set forth in each respective fund’s offering documents.
Depending on the fund, the fees are accrued either quarterly or monthly based on the capital account
balance of the fund and are payable within approximately 15 days after the end of the quarter or
month, as appropriate.

The Sonen is offered to managed account clients in a share class that does not assess a
management fee.

Investments in these Funds by existing Sonen clients will be charged a management fee equivalent
to the negotiated management fee agreed upon in each respective client’s executed Investment
Management Agreement with the Firm. Any investor in these funds who do not have a managed
account at Sonen will invest in a share class of the fund that pays a management fee to Sonen as
outlined within the respective offering documents for each fund.

All investors in the Sonen Global Sustainable Real Assets Delaware Fund and Sonen Global
Sustainable Real Assets Irish Fund (collectively, “GSRA”) and the LATAM Impact Fund, L.P.
(“LATAM Fund”) will pay the management fee that is outlined within each Fund’s offering
documents. For GSRA and LATAM Fund investors who are also managed account clients of the
Firm, the management fee due from GSRA and from the LATAM Fund will be deducted from
their respective GSRA and LATAM Fund capital accounts and not paid pursuant to the executed
Investment Management Agreement with the Firm. Sonen excludes the amount of each managed
account client’s investment in GSRA and the LATAM Fund when calculating each respective
client’s quarterly managed account management fee payable to Sonen.

All fees paid to Sonen for investment advisory services are separate and distinct from the expenses
charged by investment managers for particular investment products. Those fees and expenses are
described in the offering documents of each investment product. The fees will generally include a
management fee and other fund expenses.

Sonen will provide investment advisory services and portfolio management services but does not
provide securities custodial services. At no time will Sonen accept or maintain custody of a client’s
funds or securities except for authorized fee deduction. Clients are responsible for all custodial and
securities execution fees charged by the custodian and executing broker-dealer. The Advisor’s fee
is separate and distinct from the custodian and execution fees.

Upon termination, any fees paid in advance or in arrears will be prorated to the date of termination.
Any excess for those who paid in advance will be refunded to the client while those paying in
arrears will be charged for the prorated period.

Neither Sonen nor its supervised persons accept compensation for the sale of securities or other
investment products, including asset-based sales charges or service fees from the sale of
investment products.

Item 7 Types of Clients

Sonen offers its services to individuals, banks or thrift institutions, pension and profit-sharing
plans, trusts, estates, or charitable organizations, corporations, private funds, and other business
entities. Sonen also provides a model portfolio to another investment advisory firm.

The Advisor’s cumulative minimum account requirement for opening and maintaining an account
is $10 million. However, the Advisor may, at its sole discretion, accept accounts with a lower
value.