Notice to shareholders of the sub-fund jkc asia bond 2023 (The Sub-Fund)

24 June 2022

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

The Company’s board of directors (the "Board") hereby informs you of the following changes to be made to the characteristics of the Sub-Fund

1) Change of the investment objective and other related changes

The investment objective of the Sub-Fund will be amended in order to reflect the extension of the maturity date of its investment. As of 20 of July 2022 (the “Effective Date”), the investment objective will read as follows.

"Objective To achieve high income until 31 December 2025”.

As a consequence of this change, the denomination of the Sub-Fund will change into JKC Asia Bond 2025, the subscription period has been extended until 30 April 2024 and the deadline until which certain investments will be valued using the ask price has been extended to 30 April 2024.

2) Change of the investment policy

The investment policy of the Sub-Fund will be changed in order to (i) foresee investment in bonds with an estimated maturity of December 2025 at the latest and/or bonds with a longer maturity, but which have a call option before 31 December 2025, (ii) foresee the increase of the exposure to equities from 10% to 20%, (iii) foresee exposure to NOK and SEK currencies and (iv) foresee the possibility to invest in index credit default swaps.

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