WFM Asia BVI Limited

ITEM 5 – FEES AND COMPENSATION

The Adviser’s Basic Fee Schedule

The specific manner in which fees are charged by the Adviser is established in an
investment management agreement between the respective Fund and the Adviser.
Generally and pursuant to the contract, fees for the management of the Funds will be
based upon a percentage of the total assets in the account. Currently, the Adviser
receives management fees in an amount up to one percent (1.0%) per annum of the net
asset value of the relevant Fund. Such management fees are accrued daily and
calculated on the basis of the net asset value of the relevant Fund as of certain
valuation dates and payable in arrears after month end as specified in the private
placing memorandum of the relevant Fund. No management fee is payable by the
employee share class of the respective Fund.

Specifically in relation to WFAR, the management fee of 1% was reduced to 0.50% for
the period from 1 October 2025 to 31 December 2025. Since 1 January 2026, the
management and performance fees have been waived on the remaining portion of the
main portfolio. Actual payment of the management fee with respect to special
investment shares is subject to several considerations, such as cash availability, and
determined by the Adviser in its sole discretion. Management fees with respect to
certain special investments may be waived by the Adviser in its sole discretion. Full
details of the arrangement are mentioned in the private placing memorandum of
WFAR.

The Adviser has sole discretion in reducing or rebating any portion of its fees to any
shareholder of the relevant Fund based on commercial considerations, including but
not limited to, a large investment size.

The Adviser may also receive performance fees, as described in Item 6 below.

Fund details, including other expenses and details of the investment strategies, are
described in each Fund’s private placing memorandum.

Calculation and Deduction of Fees

The Adviser will be paid its management fee on a monthly basis in arrears by the fund
administrator of the Funds and may receive annual performance fees if earned, all as
specified in each Fund’s private placing memorandum.

Other Fees and Expenses

In addition to management fees and performance-based fees (as described in Item 6
below), investors in the Funds will indirectly bear any other costs charged to the Funds.
Such costs will vary and typically include, though are not limited to, accounting, legal,
regulatory and compliance, insurance, fund administration, audit, directors and other
Fund-related fees. Furthermore, brokerage commissions, transaction fees, and other
related costs and expenses are incurred by the Funds. The impact of mark-ups and
mark-downs are also incurred by the Funds. The Funds may incur certain charges
imposed by custodians and brokers, transfer taxes, wire transfer and electronic fund
fees, and other fees and taxes on brokerage accounts and securities transactions.

Such charges, fees and commissions are exclusive of and in addition to the Adviser’s
fee, and the Adviser shall not receive any portion of these commissions, fees and costs.
Please refer to the audited financial statements of the Funds for details.

Item 12 further describes the factors that the Adviser considers in selecting or
recommending broker-dealers for transactions and determining the reasonableness
of their compensation (e.g., commissions).

Prepaid Fees

The Adviser does not charge fees in advance.

Compensation for the Sale of Securities

Neither the Adviser nor the Adviser’s supervised persons accept compensation for the
sale of securities or other investment products.

ITEM 7 – TYPES OF CLIENTS

The Adviser provides portfolio management services to the Funds and does not
currently offer separately managed accounts. For purposes of this Brochure, the terms
“client” and “account” are synonymous with the Funds.