Stonehage Fleming Investment Management Limited

ITEM 5 - FEES AND COMPENSATION
Fees

The below table represents the standard fee tariff for the Firm’s investment clients and is for
indicative purposes. Client fees are based on an agreed percentage on the value of assets

under management (“investment management fees”).

Client fees are negotiable, including specific servicing or reporting requirements, asset levels,
or other factors, in our sole discretion. Fees are potentially subject to Value Added Tax (“VAT”)
or other taxes and the Firm will confirm these to the client prior to providing any services.
Please note that fees for the Private Capital Investments will be billed at a different rate to the
tariffs set out and disclosed to clients prior to investment.

Most of the Firm’s portfolios are billed quarterly in arrears. However, from time to time the Firm
will agree to a different frequency with clients at their request. In all cases, the frequency of
billing will be agreed prior to the provision of any investment management services.

For the Outsourced Family Investment Office, fees are invoiced to the client. For portfolio
management, charges will usually be deducted from the portfolio. However, some clients
prefer to pay outside of their portfolios, in which case they will be sent an invoice to settle by
bank transfer.

The Firm does not charge fees in advance. No additional fees or penalties are charged for
termination of any IMAs. Fees are charged on a pro rata basis up to the point of termination.

The Firms fees are exclusive of custody charges, brokerage commissions, transaction fees and
other related costs and expenses. See Item 12: Brokerage Practices. Clients may also incur
their own custody fees, administration fees and bank charges for operating their own portfolio.

 Equity Management
 Portfolio Value                                  Percentage Per Annum
 On the first $5 million                          1.25 %
 $5 Million to $50 Million                        0.75 %
 More than $50 million                            0.50 % (on the entire amount)

 Cash Management
 Portfolio Value                                  Percentage Per Annum
 On the first $10 million                         0.45 %
 On the next $10 million                          0.20 %
 On the next $30 million                          0.15 %
 On the next $50 million                          0.10 %
 On the next $150 million                         0.07 %
 On $250 million upwards                          0.05 %

 Fixed Income
 Portfolio Value                                      Percentage Per Annum
 On the first $10 million                             0.50 %
 On the next $10 million                              0.45 %
 On the next $30 million                              0.40 %
 On the next $50 million                              0.35 %
 On $100 million upwards                              0.25 %

 Multi Asset
 Portfolio Value                                      Percentage Per Annum
 On the first $10 million                             0.65 %
 On the next $10 million                              0.40 %
 On the next $30 million                              0.30 %
 On the next $50 million                              0.25 %
 On the next $50 million                              0.20 %
 On $150 million onwards                              0.15 %

Outsourced Family Investment Office

Fees are negotiated with each client individually according to the bespoke service provided to
them by the Firm and the amount of assets under advice.

Compensation

Neither the Firm nor any of its supervised persons accepts compensation for the sale of
securities or other investment products.

ITEM 7 - TYPES OF CLIENTS
The majority of the Firm’s clients are high net worth individuals, but the Firm also manages
assets for charities, other investment advisers, corporations and trusts.

   The minimum amount required to open an Outsourced Family Investment Office Service is
    typically $100 million.
   The minimum amount required to open an Equity Management portfolio is typically $15
    million.
   The minimum amount required to open a Fixed Income or Cash portfolio is typically $10
    million.
   The minimum amount for a multi asset portfolio is typically $20 million.

Although the Firm expects most portfolios to be maintained at or above levels, the Firm does
not typically close portfolios where they drop below. Ongoing, long-term client relationships
are the norm, and the Firm would normally be aware of the reasons for portfolios going below
the standard minimum amounts.