Schedule B
Fee Schedule
| Portfolio | Advisory Fee (expressed as a percentage of each Portfolio’s average |
Effective Date | ||||||||||||
| First $1 Billion |
Next $1 Billion |
Next $1 Billion |
Over $3 Billion |
Over $4 Billion |
Over $5 Billion |
|||||||||
| Harding Loevner Global Equity Portfolio | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% | July 1, 2024 | |||||||
| Harding Loevner International Equity Portfolio | 0.75% | 0.73% | 0.71% | 0.69% | 0.67% | 0.65% | July 1, 2021 | |||||||
| Harding Loevner International Small Companies Portfolio | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | July 1, 2025 | |||||||
| Harding Loevner Institutional Emerging Markets Portfolio | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | July 1, 2024 | |||||||
| Harding Loevner Emerging Markets Portfolio | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | July 1, 2024 | |||||||
| Harding Loevner Frontier Emerging Markets Portfolio | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | 1.10% | July 1, 2025 | |||||||
| Harding Loevner Chinese Equity Portfolio | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | July 1, 2024 | |||||||
| Harding Loevner Emerging Markets ex China Portfolio | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | July 1, 2024 | |||||||
| Harding Loevner International Developed Markets Equity Portfolio | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% | 0.70% | September 28, 2022 | |||||||