First Eagle

First Eagle is an independent firm with approximately $100 billion† in assets under management. Over our long history, we have helped clients preserve purchasing power and earn attractive returns through widely varied economic cyclest First Eagle, our core purpose is to provide prudent stewardship of our clients' assets, and to earn their trust. As investment managers, we believe there is no single “right way” to achieve the same set of objectives. Fundamentally, we believe in flexible, benchmark‐agnostic, absolute return‐oriented investing that seeks to provide clients with downside protection. All of First Eagle’s offerings align with these core investment principles. Guiding Principles As professionals, we adhere to the following guiding principles: Clients come first, always. Always act with honesty, integrity and transparency. Never have anything to hide. Commit to delivering excellence in everything we do and only take on what we can do well. Quality always takes precedence over quantity. Excellence is fostered by personal accountability and the quest for constant improvement. We value our legacy as patient, thoughtful, long-term investors. We must preserve and enhance this reputation. Attitude matters –we admire team players, open-minded thinkers, willing doers, positive dispositions and balanced egos. Never forget the importance of being good colleagues and caring citizens, respectful of others, willing to go the extra mile and to demonstrate compassion and generosity of spirit.