van Berkom and Associates Inc

Item 5: Fees and Compensation
Segregated account management

VBA’s published fee schedule is as follows:

U.S. Small-Cap Equities: 1% of Asset Value of each account

U.S. Small-Mid Cap Equities: 1% of Asset Value of each account

Canadian Small-Cap Equities: 0.70% of Asset Value of each account

Global Small-Cap Equities: 0.95% of Asset Value of each account

This published fee schedule constitutes the firm’s standard fees. However, for
large-sized accounts, VBA’s fees can be negotiable. In some instances, a large client
may pay a negotiated fixed percentage of asset value or a negotiated sliding scale based
on asset value. The firm also maintains a few relationships with clients which feature a
performance-based fee structure (see Item 6), as these arrangements were requested by
the clients upon entering into an agreement.

Such investment management fees are assessed in arrears on a monthly or quarterly
basis as stated in the firm’s contract with each client.

VBA’s fees and costs are described in the investment management contract with each
customer. VBA’s management fees do not include custody services or brokerage
commissions to brokers on each purchase and sell decision executed by VBA on behalf
of a client, as well as sales taxes where applicable. (Please refer to Item 12 for additional
disclosure on our brokerage practices).

Fees are invoiced to the client as stated in each Investment Management Agreement. In
any partial calendar quarter, fees are pro-rated based on the number of days in which the
account is opened during the quarter. Either the firm or the client may terminate this
Agreement in writing within a specific number of days agreed upon.

Pooled fund management

In consideration of the services it provides to the Van Berkom Funds, VBA receives
management fees expressed as an annual percentage of the Van Berkom Fund’s assets
(the “Management Fees”) in respect of the Units of each of the Van Berkom Funds. The

Form ADV Part 2A/2B: Investment Adviser Brochure and Brochure Supplements
Van Berkom and Associates Inc.                                                         Page 5
v. 22/2026

Management Fees are either calculated and invoiced quarterly by VBA or calculated and
deducted daily from the Van Berkom Funds’ assets, depending on the Unit Class. Fees
and expenses regarding an investment in a Van Berkom Fund are set forth in the Van
Berkom Funds’ offering memorandum. Canadian investors and prospective investors in
the Van Berkom Funds must carefully review such document.

Item 7: Types of clients
VBA manages small-cap and small-mid cap stock portfolios mainly for large Canadian and
U.S. pension funds, corporations, foundations and high-net worth clients on a segregated
basis, and for the Van Berkom Pooled Funds. The firm specializes in managing portfolios
of U.S., Canadian and Global Small-Cap Equities.

VBA’s minimum account size for a segregated account is $5 million of assets or $50,000
annual management fees.