Description Founded in 1996, Hyperion Asset Management Limited (doing business as H.A.M.L.) (“Hyperion”) is an Australian owned and based, high conviction growth style investment manager specializing in identifying and investing in quality Australian and global listed equity securities. Hyperion is wholly owned by Hyperion Holdings Limited, of which 50.01% is primarily owned by senior investment staff. The remaining 49.99% is owned by Pinnacle Investment Management Limited (“Pinnacle”), a wholly owned subsidiary of an Australian public listed company, Pinnacle Investment Management Group Limited (ASX Code: PNI). Discretionary Advisory Services Hyperion provides discretionary investment advisory services to institutional clients through the management of separate accounts. Hyperion is the sub-investment adviser to the Frontier HyperiUS Global Equity Fund (“HyperiUS Fund”), which is an investment company registered with the SEC and under the Investment Company Act of 1940. Frontegra Asset Management, Inc. (“Frontegra”) is the HyperiUS Fund’s investment adviser. The investment objective of the HyperiUS Fund is to seek long-term capital growth. Hyperion also manages Australian registered managed investment schemes1 and a New Zealand Portfolio Investment Entity Fund. Hyperion holds an Australian Financial Services Licence for the purposes of managing managed investment schemes within Australia and undertaking the provision of discretionary investment management services for retail and institutional clients. Hyperion’s portfolio managers are responsible for implementing the investment strategy for all advisory accounts.

This includes (a) the identification and selection of specific securities to be bought or sold with regards to the investment objectives of the account and any account limitations or restrictions set out in the investment management agreement (“IMA”); (b) the quantity of those securities bought or sold and the execution method; (c) the timing of the purchase and sale decision; and (d) the broker through which those securities are bought or sold, with regard given to any account limitations or restrictions as agreed with the client. All portfolio and investment decisions are made in Australia. Hyperion does not provide custodial services to clients for whom it provides discretionary advice. Typically, Hyperion will have authority from the client to communicate with, and provide instructions to, their custodian on their behalf in regard to transactions made within the advisory account. Non-discretionary Advisory Services 1 A ‘Managed Investment Scheme’ is a common Australian term for a pooled investment or unit trust. Hyperion also provides non-discretionary advice to certain clients. These services are limited to securities recommendations and any investment or divestment actions arising from such recommendations are at the discretion of the client. Investment Restrictions Hyperion’s discretionary authority over a separate account may be subject to limitations, restrictions or guidelines as agreed with the client. Assets under Management As of June 30, 2023, Hyperion manages approximately USD $8,245,416,297 (USD $8,205,093,696 discretionary / USD $40,322,601 non-discretionary) in regulatory assets under management.