FP Matterley Investment Funds II OEIC and Stocks and Shares ISA APPLICATION FORMS

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FP Matterley Investment Funds II OEIC and Stocks and Shares ISA APPLICATION FORMS FOR COMPLETION BY THE INTRODUCING INTERMEDIARY (IF APPLICABLE) Advised Investment* Non-advised Investment* *Please tick as appropriate

FP Matterley Investment Funds II - OEIC Application Form 1. Personal Details (BLOCK CAPITALS please) 2. Personal Details of Joint Applicant Title Surname Title Surname Forename(s) Forename(s) Permanent Address Permanent Address Postcode Postcode Date of Birth Designation (if applicable) Telephone (daytime) Date of Birth Additional joint applicants (a maximum of 4 in total) must sign and attach name and address details separately. Shares cannot be registered in the name of a minor. Shares should be registered in the name of an adult and designated with the minor s initials (e.g. John Smith - account PBS). On attaining the age of majority, Shares can be transferred to the designee upon receipt of the appropriate documentation. 3. Investment Details FP MATTERLEY INVESTMENT FUNDS II Sub-Fund Lump Sum (Initial 10,000, subsequent min. 1,000 per fund) Monthly Savings (min. 100 per month per fund) FP Matterley Undervalued Assets Fund Class A (Inc) FP Matterley Undervalued Assets Fund Class A (Acc) FP Matterley Undervalued Assets Fund Class B (Inc) FP Matterley Undervalued Assets Fund Class B (Acc) Total Investment

FP Matterley Investment Funds II - OEIC Application Form Income Payments (Income Shares only) Please complete the Income payment section opposite if you wish the income arising from your Income Shares to be paid directly into your bank or building society account. If you leave this section blank income will be paid by cheque. **Please note that banks and building societies may not accept Direct Credits to some types of accounts. Due to money laundering regulations, your bank account must be the same as the one your initial investment is paid from. Bank Account Details Bank or Building Society** Branch Title Account Holder Sort Code Account number Building Society Roll number (If applicable) Regular Withdrawal Facility (RWF) (Accumulation Shares only) The RWF is only available on lump sum investments into accumulation shares, with a minimum qualifying investment of 10,000. The facility is not available if you are investing new money by direct debit in a savings scheme on a monthly basis. If you qualify for the RWF and wish to make a regular withdrawal, please indicate below the amount or percentage which you wish to withdraw subject to the minimums as stated. Bank Account Details Bank or Building Society** Branch Title Account Holder Sort Code Account number Building Society Roll number (If applicable) Fund name or % Minimum Withdrawals The minimum withdrawal per fund per year is 300 or 3%. Withdrawals will be paid on 6th of the month or the previous working day if the 6th is not a working day. Please note that if you withdraw more money than the underlying growth rate of your investment then your original capital will be eroded. Please note that a minimum of 9 working days is required to set up this facility.

FP Matterley Investment Funds II - OEIC Application Form 4. Declaration I/We confirm that I am/we are over 18 years of age. I/We confirm that I/we have received, read and retained a copy of the relevant Key Investor Information Document(s) and that I/we have been offered a copy of the Prospectus and Manager s Reports for the Funds. I/we enclose a cheque made payable to Fund Partners Limited for the lump sum amount to be invested and/or the first monthly payment and confirm that all these monies are my/our own and that I/we are the beneficial owner(s) of this investment***. I understand that Fund Partners Limited may require further information from me, or about me, to satisfy the requirements of the Money Laundering Regulations in force. Declarations regarding status for U.S. tax purposes: Individuals I confirm that I am not a U.S. citizen, a green card holder or resident in the U.S. for tax purposes; I am not a U.S. account holder. I will notify Fund Partners Limited immediately if this position changes. I consent to my shares being compulsorily redeemed in accordance with the Prospectus in the event that this statement is not correct or becomes incorrect in the future. Corporates We confirm that: We are not a U.S. corporation (other than a dealer or other fiduciary acting for the benefit or account of a non US person); We are not a U.S. account holder; We do not have any substantial U.S. owners; We are not a foreign financial institution and we are excepted from the definition of non financial foreign entity ; and We are a qualifying foreign financial institution or a simplified compliance distributor and do not and will not in the future hold an interest in the fund on behalf of any U.S. person or with any substantial U.S. owners, in each case within the meaning of the Hiring Incentives to Restore Employment Act 2010 (U.S. Law). We will notify Fund Partners Limited immediately if this position changes. We consent to our shares being compulsorily redeemed in accordance with the Prospectus in the event that these statements are not correct or become incorrect in the future. Please contact us if you have any queries regarding your U.S. status Cancellation Rights Under the Financial Conduct Authority s Conduct of Business Sourcebook, cancellation rights will apply where the contract was arranged through an independent intermediary, unless they hold an appropriate Customer Agreement with you or dealt on your behalf on an execution-only basis. A copy of the Prospectus is available, free of charge, on request. A copy of this completed application form is also available on request. For an Advised Investment Cancellation Rights will apply. Data Protection Act The details you have provided will be held on computer by the Fund s registrar, but will not be used for any purpose except to fulfil its obligations to shareholders. First Applicant s Signature Joint Applicant s Signature Date Date *** if you are not the beneficial owner(s) please delete the relevant wording in the declaration, and complete the box(es) below with details of who the beneficial owner(s) is/are and also advise your relationship to such person(s). For corporate applicants please give details of any shareholders or other individuals who ultimately control more than 25% of the voting rights or are entitled to more than 25% of the company s profits. Name of Beneficial Owner Name of Beneficial Owner

FP Matterley Investment Funds II - Stocks & Shares ISA Application Form 1. Personal Details (BLOCK CAPITALS please) Title Surname Forename(s) Permanent Address Postcode National Insurance Number Telephone (daytime) Telephone (evening) Date of Birth If you do not have a National Insurance Number, please tick this box Your National Insurance Number (NINO), or National Pension Number and Date of Birth must be quoted. Your NINO should be available on either your payslip, form P45 or P60, a letter from HM Revenue & Customs (or DWP), or on your pension order book. 2. Investment Details I apply to subscribe for the following investment to the FP Matterley Investment Funds Stocks and Shares ISA FP MATTERLEY II INVESTMENT FUNDS Sub-Fund Lump Sum (Initial 10,000, subsequent min. 1,000 per fund) Monthly Savings (min. 100 per month per fund) FP Matterley Undervalued Assets Fund Class A (Inc) FP Matterley Undervalued Assets Fund Class A (Acc) FP Matterley Undervalued Assets Fund Class B (Inc) FP Matterley Undervalued Assets Fund Class B (Acc) Total Investment Tax year 20 /20 and for each subsequent tax year until further notice.

FP Matterley Investment Funds II - Stocks & Shares ISA Application Form Income Payments (Income Shares only) Please complete the Income payment section opposite if you wish the income arising from your Income Shares to be paid directly into your bank or building society account. If you leave this section blank income will be paid by cheque. Please note that banks and building societies may not accept Direct Credits to some types of accounts. Due to money laundering regulations, your bank account must be the same as the one your initial investment is paid from. Bank Account Details Bank or Building Society Branch Title Account Holder Sort Code Account number Building Society Roll number (If applicable) Regular Withdrawal Facility (RWF) (Accumulation Shares only) The RWF is only available on lump sum investments into accumulation shares, with a minimum qualifying investment of 10,000. The facility is not available if you are investing new money by direct debit in a savings scheme on a monthly basis. If you qualify for the RWF and wish to make a regular withdrawal, please indicate below the amount or percentage which you wish to withdraw subject to the minimums as stated. Bank Account Details Bank or Building Society Branch Title Account Holder Sort Code Account number Building Society Roll number (If applicable) Fund name or % Minimum Withdrawals The minimum withdrawal per fund per year is 300 or 3%. Withdrawals will be paid on 6th of the month or the previous working day if the 6th is not a working day. Please note that if you withdraw more money than the underlying growth rate of your investment then your original capital will be eroded. Please note that a minimum of 9 working days is required to set up this facility.

FP Matterley Investment Funds II - Stocks & Shares ISA Application Form 4. Declaration I confirm that I am over 18 years of age. I have not subscribed and will not subscribe more than the maximum permitted in total to a cash and a stocks & shares ISA in the same tax year. I am resident in the United Kingdom for tax purposes or, if not so resident, either perform duties which, by virtue of Section 28 of the Income Tax (Earning & Pensions) Act 2003 (crown employees serving overseas), are treated as being performed in the United Kingdom, or I am married to, or in a civil partnership with, a person who performs such duties. I will inform Fund Partners Limited if I cease to be so resident or to perform such duties or be married to, or in a civil partnership with, a person who performs such duties. I authorise Fund Partners Limited: - to hold my cash subscriptions, ISA investments, interest, dividends, and any other rights or proceeds in respect of those investments and any other cash, - to make on my behalf any claims to relief from tax in respect of ISA investments, and - on my request to transfer or pay to me, as the case may be, ISA investments, interest, dividends, rights or other proceeds in respect of such investments and any other cash. I confirm that I have not subscribed, and will not subscribe, to another Stocks & Shares ISA for the same tax year(s) that I subscribe to this Account. I confirm that all subscriptions made, and to be made, belong to me. I agree to the ISA Terms and Conditions, found in the supplementary information document on www.wayfundmanagers.co.uk/matterley. I declare that I have received, read and retained a copy of the relevant KIID and that this application form has been completed to the best of my knowledge and belief. I understand you may require additional information from me in accordance with money laundering regulations. Declarations regarding status for U.S. tax purposes: I confirm that I am not a U.S. citizen, a green card holder or resident in the U.S. for tax purposes; I am not a U.S. account holder. I will notify Fund Partners Limited immediately if this position changes. I consent to my shares being compulsorily redeemed in accordance with the Prospectus in the event that this statement is not correct or becomes incorrect in the future. Please contact us if you have any queries regarding your U.S. status. Cancellation Rights Under the Financial Conduct Authority s Conduct of Business Sourcebook, cancellation rights will apply where the contract was arranged through an independent intermediary, unless they hold an appropriate Customer Agreement with you or dealt on your behalf on an execution-only basis. A copy of the Prospectus is available, free of charge, on request. A copy of this completed application form is also available on request. For an Advised Investment Cancellation Rights will apply. Data Protection Act The details you have provided will be held on computer by the Fund s registrar but will not be used for any purpose except to fulfil its obligations to shareholders. Applicant s Signature Date

Please make sure you have: Signed the Application Form Made your investment requirements clear. Completed the separate Direct Debit Mandate for a monthly savings plan, if applicable. Enclosed a cheque for the appropriate amount, payable to Fund Partners Limited. In order to comply with the UK law on money laundering, cheques must be drawn on your own account or a joint account with your spouse. If you ask your bank or building society or regulated financial adviser to draw the cheque, they must state on the cheque that the funds have been drawn from an account in your name. For example, the payee would be Fund Partners Limited (Re: A. N. Other). Alternatively, ask them to write your name and address on the reverse of the cheque and add the bank/building society/financial adviser stamp and signature to confirm the money is drawn from your account. For a monthly savings plan, please ensure that verification of bank details is supplied with this application form. Intermediary Comments: Intermediary Stamp: Name of Registered Individual: FSA Number: Agency ref: Discount %: Commission payable %: Fund Partners Limited Cedar House, 3 Cedar Park, Cobham Road, Wimborne, Dorset BH21 7SB Telephone: 01202 855856 Facsimile: 01202 855850 Registered No. 4162989 England and Wales Authorised and regulated by the Financial Conduct Authority

Instruction to your bank or building society to pay by Direct Debit Please fill in the whole form using a ball point pen and send it to: IFDS Managers Ltd - Matterley PO Box 10818 Chelmsford CM99 2BL Service User Number 6 9 2 3 7 1 Name(s) of account holder(s) Reference Number Bank/building society account number Branch sort code Name and full postal address of your bank or building society Instruction to your bank or building society Please pay IFDS Managers Ltd Direct Debits from the account detailed in this instruction subject to the safeguards assured by the Direct Debit Guarantee. I understand that this instruction may remain with IFDS Managers Ltd, and, if so, details will be passed electronically to my bank/building society. To: The Manager Bank/building society Address Signature(s) Date Postcode Banks and building societies may not accept Direct Debit Instructions for some types of account. This guarantee should be detached and retained by the payer The Direct Debit Guarantee This Guarantee is offered by all banks and building societies that accept instructions to pay Direct Debits. If there are any changes to the amount, date or frequency of your Direct Debit IFDS Managers Ltd will notify you 10 working days in advance of your account being debited or as otherwise agreed. If you request IFDS Managers Ltd to collect a payment, confirmation of the amount and date will be given to you at the time of the request. If an error is made in the payment of your Direct Debit, by IFDS Managers Ltd or your bank or building society you are entitled to a full and immediate refund of the amount paid from your bank or building society. If you receive a refund you are not entitled to, you must pay it back when IFDS Managers Ltd asks you to. You can cancel a Direct Debit at any time by simply contacting your bank or building society. Written confirmation may be required. Please also notify us.