Naos EX-50 Opportunities Company Ltd

The principal investment objectives of the company are: To provide investors with an alternative long/short exposure with a low correlation to domestic and global equities. To provide investors with positive absolute returns through the economic cycle; To aim to provide investors with a dividend, franked at the Board’s discretion, payable from profits and available cash flow at the end of the first financial year, and after that, half- yearly; and To achieve long term positive absolute returns.