Investor Presentation October 2020

OMNI BRIDGEWAY Fund Structures Description Fund size IMF / Omni contribution Market Type Waterfall Management fee Investment period Commencement Date Status Other Fund 1 Funds 2 & 3 A$180M US$167M 25% USA European whole of fund 1. Investor capital 2. Investor preferred return 3. Investor undrawn fee 4. IMF management fee 5. IMF capital 6. Profit distribution (IMF 85%, Investor 15%) 20% ROW European whole of fund 1. Investor capital 2. Investor preferred return 3. Investor undrawn fee 4. IMF management fee 5. IMF capital 6. Profit distribution (IMF 80%, Investor 20%) Fund 4 US$500M 20% USA American deal by deal 1. Investor capital (including IMF) 2. Hurdle 8% 3. Catch-up 4. To 20% IRR - 80% to investors (inc IMF), 20% performance fee 5. Profit distribution (IMF 30% performance fee, Investors (inc IMF) 70%) Part of waterfall return Part of waterfall return Paid quarterly 4 years 3 years (closed) February 2017 Deployment/Harvest 3 years October 2017 Investment/Deployment / Harvest ATE policy to respond to claims for adverse costs December 2018 Investment Deployment Optional second series Capital recycling permitted during investment period Fund 5 US$500M Funds 6 and 7 (incl DARP JV) €195M 20% ROW American deal by deal 1. Investor capital (including IMF) 2. Hurdle 8% 3. Catch-up 4. To 20% IRR - 80% to investors (inc IMF), 20% performance fee 5. Profit distribution (IMF 30% performance fee, Investors (inc IMF) 70%) Paid quarterly 4 years June 2019 Investment Deployment Optional second series Capital recycling during investment period ■ATE policy to respond to claims for adverse costs 5% EMEA Hybrid whole of fund Merit Investments 1. Capital 2. Hurdle 10% 3. Performance fee - IRR <20%, 20%; IRR >20%, 30% 4. Balance to investors (inc OB) pro rata Enforcement Investments 1. Investor capital 2. Hurdle IRR 20% 3. Profit distribution (OB 100%) Other historic investments 1. Deal specific ad hoc returns As called 5 years 2016 Investment Deployment "DARP refers to USD 100m JV with IFC World Bank. INVESTOR PRESENTATION | OCTOBER 2020 18

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