Business Summary

Global Masters Fund Limited is an Australia-based investment company. The Company is primarily focused on investing in Berkshire Hathaway Inc., listed on the New York Stock Exchange, and a diversified global portfolio of investments. The Company's objective is to achieve medium to long-term capital growth and income through investing in listed international companies. It is also focused on achieving and improving net tangible assets (NTA) backing per share after allowing for inflation. The Company's investment portfolio includes investments in the United States, the United Kingdom and South Africa, cash on deposit and interest receivable denominated in United States dollars and Pounds Sterling. The Company's investment manager is EC Pohl &Pty Ltd.