The Company is a UK Alternative Investment Fund (“AIF”) under the European Union Alternative Investment Fund Managers’ Directive (“AIFMD”). The Board is the Small Registered UK Alternative Investment Fund Manager (“AIFM”) of the Company.

The Company has appointed Lindsell Train Limited (“LTL”) as its Investment Manager. Accounting, Company Secretarial and Administrative services are provided by Frostrow Capital LLP as appointed by the Board.