Trinetra Investment Management LLP

Item 5: Fees and Compensation

Management Fees

The Firm charges each client a management fee in line with standard market rate. Fees will
generally be based on the average AUM of the underlying portfolio per billing period. Fees
are generally deducted from assets, with the management fees deducted on a monthly basis.
Fees are negotiable. Clients will incur brokerage and other transaction costs, see Item 12 for
further information regarding brokerage.

Item 7: Types of Clients

Accounts

In addition to the ICAV and the Australian feeder fund, Trinetra provides investment
management services solely to institutions, foundations and pension, insurance and sovereign
wealth funds.

With specific regards to the ICAV, the minimum investment is US$1 million for class B and
US$500 million for class D, used by the Australian feeder fund for direct holdings in the
ICAV by Australian investors. The Australian feeder fund itself has a minimum investment of
AU$ 25,000 (approx. US$ 16,000) (minimum initial investment amount).

Lower minimum investment into the ICAV may be accepted subject to Board approval.

Trinetra Investment Management LLP                                          Form ADV Part 2A