Regulatory

NOTICE TO SHAREHOLDERS OF THE SUB-FUND EURO INFLATION (THE “SUB-FUND”) EN > LU

29 November 2021

This content is for professional investors only as defined by the MiFID.

Dear Shareholder, The Company’s board of directors (the "Board") hereby informs you of the following changes to be made to the prospectus of the Company (the “Prospectus”):

1) Change of investment policy

The Sub-Fund’s investment policy will be changed in order to foresee that the sub-fund may invest up to 100% of its net assets in any type of bonds issued in the Eurozone, to remove the possibility to invest in credit notes and to foresee that the sub-fund may invest up to 10% in securities which are not rated investment grade.

The fact that at least 75% of the Sub-Fund’s net assets will be invested in investment grade
government bonds issued in the Eurozone and that the Sub-Fund may invest up to 20% in cash
or cash equivalents has also been clarified

As from 31 of December 2021, the revised investment policy of the Sub-Fund will therefore read as follows:

"Objective To outperform (net of fees) the Bloomberg Barclays Capital Euro Government Inflation-Linked Bond Index, over any given 3-year period. Investment policy

The sub-fund invests at least 75% of its net assets in investment grade government bonds issued in the Eurozone.

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