Cost Basis Election. In order for us to determine the gain or loss when you redeem Units, AMG Funds LLC (“AMG Funds”) must determine the “cost basis” for those shares. The cost basis is the value of each Unit at the time you acquired it. The law requires AMG Funds to select a default method to determine your cost basis. AMG Funds has decided to use what is known as the Average Cost method. Under this method, AMG Funds will calculate the total cost of all Units in your account and divide that cost by the total Units in your account; this will determine the cost basis for the Units that you are redeeming. Please note that you are able to select a different method below if you would prefer it. Note: IRS Regulations do not permit you to change the method used to determine the cost basis of a settled trade. I choose the Fund’s default method of Average Cost I choose a method other than Average Cost: FIFO –First In, First Out (AMG Funds will redeem the oldest available Units first, using their cost basis to determine the gains or losses you incur on the redemption.) Specific Identification (When you redeem Units, you must tell AMG Funds which particular Units you are selling; your gain or loss will vary based on the Units you select.)
Cost Basis Election. The Fund has elected the average cost method as the default cost basis method for purposes of this requirement. If a Shareholder wishes to accept the average cost method as its default cost basis calculation method in respect of Shares in its account, the Shareholder does not need to take any additional action. If, however, a Shareholder wishes to affirmatively elect an alternative cost basis calculation method other than average cost in respect of its Shares, please select one of the following: ☐ FIFO (first in, first out) ☐ LIFO (last in, first out) ☐ LOFO (lowest in, first out) ☐ LILT (lowest long term, first out) ☐ HILT (highest long term, first out) ☐ HIST (highest short term, first out Specific Lot Identification HIFO) (highest in, first out)
Cost Basis Election. The Fund has elected the first in first out (FIFO) cost method as the default cost basis method for purposes of this requirement. If an investor wishes to accept the FIFO cost method as its default cost basis calculation method in respect of Shares in its account, the investor does not need to take any additional action. If. however, an investor wishes to affirmatively elect an alternative cost basis calculation method other than FIFO cost in respect of its Shares, please select one of the following: ☐ ASCT – AVERAGE COST ☐ LGUT – LOSS/GAIN UTILIZATION ☐ HIFO – HIGH COST ☐ SAAC – SINGLE ACCOUNT AVERAGE COST ☐ LIFO – LAST IN FIRST OUT ☐ SLID – SPECIFIC LOT IDENTIFICATION ☐ LOFO – LOW COST
Cost Basis Election. The Fund is required by law to adopt a default method for determining the value of each Unit at the time that it is acquired (the “Cost Basis”) in order to determine the gain or loss upon repurchase of Units. The Fund has adopted the “average cost method”, under which the Costs Basis for each Unit that is being repurchased will be the product of the total cost of all Units in the investor’s account divided by the number of Units that the investor owns. Please note that you are able to elect a different method if you would prefer it. [ ] I choose the Fund’s default method of calculating Cost Basis; or [ ] I choose a method other than the Fund’s default method of calculating Cost Basis Please specify method Please proceed to next page for acknowledgement and signature. PARTNERS GROUP GROWTH, LLC SUBSCRIPTION AGREEMENT SIGNATURE PAGES
Cost Basis Election. For us to determine the gain or loss when you redeem shares, the Fund must determine the “cost basis” for those shares. The cost basis is the value of each share at the time you acquired it. The law requires the Fund to select a default method to determine your cost basis. The Fund has decided to use what is known as the Average Cost method. Under this method, the Fund will calculate the total cost of all shares in your account and divide that cost by the total shares in your account; this will determine the cost basis for the shares that you are redeeming. Please note that you can select a different method below if you would prefer it. Note: IRS Regulations do not permit you to change the method used to determine the cost basis of a settled trade. The Fund’s default cost basis calculation method is Average Cost (if this is acceptable no selection is necessary, please move to Item 12). I choose a method other than Average Cost: ☐ FIFO — First In, First Out (the Fund will redeem the oldest available shares first, using their cost basis to determine the gains or losses you incur on the redemption.) ☐ Specific Identification (When you redeem shares, you must tell the Fund which shares you are selling; your gain or loss will vary based on the shares you select.)
Cost Basis Election. All Subscribers, please elect a cost basis reporting method that will apply with respect to your investment in the Shares by checking the applicable box below (if you do not elect a cost basis method below, the default method that will apply to your Shares is First In, First Out (FIFO)): ☐ First In, First Out (FIFO) (This is the default method if no election is made.) ☐ Average Cost Basis ☐ Specific Share Identification (SSI) ☐ SSI – First In, First Out (SSI – FIFO) ☐ SSI – Highest In, First Out (SSI – HIFO) ☐ SSI – Low Cost Long Term ☐ SSI – Low Cost ☐ SSI – Low Cost Short Term ☐ SSI – High Cost Long Term ☐ SSI – High Cost Short Term ☐ SSI – Last In, First Out (SSI – LIFO) ☐ SSI – Proportional ☐ SSI – Manual Selection If you wish to change your cost basis election at any time in the future, please contact the Company and provide your account number, current cost-basis election and revised cost-basis election. The Company will provide the information to the Company’s custodian to implement the change. FOR ALL SUBSCRIBERS
Cost Basis Election. Establish the following cost basis method on all funds in my account number referenced in section 1. Check only one method from the list below. ¨ Average Cost - Under this method, we use the average basis of all shares owned at the time of redemption, regardless of how long you owned them. To determine the holding period, the shares sold are considered to be those acquired first. ¨ First In, First Out (FIFO) - This method keeps track of every tax lot of shares purchased. When calculating gain or loss, this method depletes tax lots in the chronological order in which available lots were acquired. ¨ Last In, First Out (LIFO) - The most recent shares acquired will be redeemed first. ¨ Highest Cost In, First Out (HIFO) - The highest cost shares will be redeemed first. ¨ Highest Cost Long-Term In, First Out (HILT) - The long-term highest cost shares will be redeemed first. ¨ Lowest Cost Short-Term In, First Out (LIST) - The short-term lowest cost shares will be redeemed first.
Cost Basis Election. In order to provide you and the Internal Revenue Service (“IRS”) with accurate cost basis information for your covered Shares, please elect one of the methods below. If you do not select a method, the account(s) will default to First-In, First-Out. [ ] Average Cost - averages the cost of all Shares [ ] First-In, First-Out (FIFO) oldest Shares sold first [ ] Last-In, First-Out (LIFO) – newest Shares sold first [ ] Highest Cost, First-Out (HIFO) – highest cost Shares sold first [ ] Specific Lot Identification – identify the specific lot of Shares sold8
Cost Basis Election. In order to provide you and the IRS with accurate cost basis information for your covered Shares, please elect one of the methods below. If you do not select a method, the account(s) will default to average cost. ☐ Average Cost ☐ First-In, First-Out (FIFO) ☐ Last-In, Last-Out (LIFO) ☐ Highest Cost, First Out (HIFO) ☐ Lowest Cost, First Out (LOFO) ☐ Specific Lot Identification ● Average cost – averages the cost of all Shares ● First-In, First-Out – oldest Shares sold first ● Last-In, Last-Out – newest Shares sold first ● Highest Cost, First Out – highest cost shares sold first ● Lowest cost, First Out – lost cost Shares, sold first ● Specific Lot Identification – identify the specific lot of Shares sold. If Specific Lot Identification is selected and no instruction is provided as to which shares should be redeemed, First-In, First-Out (FIFO) will be used. DISTRIBUTION INFORMATION Distribution Options - Investor agrees that all distributions paid from time to time by the Fund to the investor will be reinvested in shares of the Fund, unless one of the opt-out selections is checked below: Dividends ☐ Reinvest ☐ Cash via Check to Address of Record (not available without custodian approval, if applicable ☐ Cash via Wire ☐ Cash via ACH Capital Gains ☐ Reinvest ☐ Cash via Check to Address of Record (not available without custodian approval, if applicable ☐ Cash via Wire ☐ Cash via ACH BANK ACCOUNT INFORMATION
Cost Basis Election. All Subscribers, please elect a cost basis reporting method that will apply with respect to your investment in the Shares by checking the applicable box below (if you do not elect a cost basis method below, the default method that will apply to your Shares is First In, First Out (FIFO)): ¨ First In, First Out (FIFO) (This is the default method if no election is made.) ¨ Average Cost Basis ¨ Specific Share Identification (SSI) ¨ SSI – First In, First Out (SSI – FIFO) ¨ SSI – Highest In, First Out (SSI – HIFO) ¨ SSI - Low Cost Long Term ¨ SSI - Low Cost ¨ SSI - Low Cost Short Term ¨ SSI - High Cost Long Term ¨ SSI - High Cost Short Term ¨ SSI – Last In, First Out (SSI – LIFO) ¨ SSI – Proportional ¨ SSI – Manual Selection If you wish to change your cost basis election at any time in the future, please contact the Company and provide your account number, current cost-basis election and revised cost-basis election. The Company will provide the information to the Company’s custodian to implement the change. SCHEDULE 1 - FOR ALL SUBSCRIBERS
