Disclosures

The Sustainable Finance Disclosure Regulation (SFDR) is a European regulation introduced to improve transparency in the market for sustainable investment products, to prevent greenwashing and to increase transparency around sustainability claims made by financial market participants. According to the SFDR classification system a Company can be categorized as offering Article 6, 8, or 9 products, depending in the products’ characteristics and level of sustainability:

• Article 6 products which are products which either integrate sustainability risks into their investment decisions or explain the reasons why they are not relevant but do not meet the additional criteria of Article 8 or Article 9 products.

• Article 8 products which are products that promote, amongst other characteristics, environmental or social characteristics, or a combination of those characteristics, provided that the companies in which the investments are made follow good governance practices (light green).

• Article 9 products which are products that have a sustainable investment objective (dark green).

All the financial products offered by the Company are categorized as “Article 6” products.