4.A. Advisory Firm Description Fundsmith is a private limited company located in Mauritius and is authorized by the Financial Services Commission of Mauritius. Fundsmith was formed in 2014. The principal owner of Fundsmith is the Eighth Wonder Foundation (“The Foundation”), a foundation registered in the Republic of Seychelles and established by Fundsmith’s founder, Mr. Terence Charles Smith. The objective of The Foundation is, in part, to provide for the long-term succession of Fundsmith’s business interests and to ensure employees, partners and investors are sufficiently protected and for the provision for beneficiaries. ` 4.B. Types of Advisory Services Fundsmith provides sub-advisory services to the following pooled investment vehicles (the “Funds” and each, a “Fund”): (1) Fundsmith Equity Fund, L.P. (“FEF LP”), a Delaware limited partnership; (2) Fundsmith Sustainable Equity Fund, L.P. (“FSEF LP”), a Delaware limited partnership; and (3) Smithson LP, a Delaware limited partnership. The Funds are advised by Fundsmith’s affiliate, Fundsmith LLP, which has appointed Fundsmith as sub-adviser pursuant to a sub-advisory agreement. With the exception of Smithson LP, for which Fundsmith determines the “investible universe” but does not otherwise have authority to make investment decisions, Fundsmith has been provided with full discretion to invest the assets of the Funds. Fundsmith currently anticipates providing sub-advisory services to pooled investment vehicles sponsored by third-party managers (“Unaffiliated Funds”). The Funds and the Unaffiliated Funds are collectively referred to below as “Advisory Clients.” In addition, Fundsmith also provides advisory and sub-advisory services to certain non-U.S. pooled investment vehicles (the “Non-U.S. Funds”), which are not

available for purchase by third party investors in the United States (“U.S.”). 4.C. Investment Objectives/Restrictions Fundsmith, on behalf of Advisory Clients, invests in equities on a global basis employing a buy- and-hold investment strategy that seeks to achieve long-term growth in value. Fundsmith’s approach is to be a long-term investor in its chosen stocks and it does not adopt short-term trading strategies for such Advisory Clients. Fundsmith adheres to strict investment criteria, through which it seeks to invest only in high-quality businesses that it believes will deliver attractive risk-adjusted returns to investors over the long term. The information set forth herein is qualified in its entirety by reference to applicable confidential private placement memoranda (“PPMs”) or other offering documents, limited partnership agreements (“LPAs”), investment management agreements, and/or other governing documents (collectively, the “Governing Documents”) for each Fund. In the event of a conflict between the information set forth in this Brochure and the information in the Governing Documents, the Governing Documents shall prevail. Investors and prospective investors in each Fund should read the applicable Governing Documents for complete information on the investment objectives and investment restrictions with respect to a particular Fund. There is no assurance that any of the Funds’ investment objectives will be achieved. 4.D. Wrap Fee Programs Fundsmith does not participate in, nor is it a sponsor of, any wrap fee programs. 4.E. Assets Under Management As of September 29, 2023, Fundsmith manages approximately U.S. $ 39,461,066,261 regulatory assets under management on a discretionary basis and U.S. $ 3,062,842,780 on a non-discretionary basis.