NOTICE TO SHAREHOLDERS OF THE SUB-FUND INFLECTION POINT CARBON IMPACT GLOBAL (THE “SUB-FUND”) CH

08 December 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) Clarification of the investment policy

The first paragraph of the investment policy of the Sub-Fund will be clarified in order to include a concrete percentage of exposure to equities of global companies and so to read as follows:

“The sub-fund invests mainly in equities of global companies, including those in emerging markets, that have committed to reducing their carbon emissions, expanding their low carbon strategy and replacing fossil energy sources with low-carbon emission alternatives.

The sub-fund invests at least 66% of its net assets in equities and equity-related securities issued by large capitalisation companies in any sector. Investments may include American and global depositary receipts (ADRs and GDRs)."

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