ESG

Reimann Investors Vermögensbetreuung GmbH (as of March 10, 2021)

Statement on the consideration of adverse impacts on sustainability factors

Due to legal regulations, we are obliged to provide the following information:

Investment recommendations may have adverse effects on the environment (e.g. climate, water, biodiversity), social and employee issues and may also be detrimental to the fight against corruption and bribery.

We fundamentally have a significant interest in fulfilling our responsibility as a financial service provider and helping to avoid such effects within the framework of our investment recommendations. However, as things currently stand, it is not possible for us to implement the legal requirements specified for this due to the lack of clarity regarding the regulatory framework.

In order to avoid legal disadvantages, we are therefore currently prevented from making a public statement to the effect that and in what manner we take into account the adverse effects on sustainability factors (environmental concerns, etc.) as part of our investment recommendations. We are therefore obliged to declare on our website that we are not taking these into account for the time being and until further clarification is made.

However, we expressly declare that this handling does not change our willingness to contribute to a more sustainable, resource-efficient economy with the aim, in particular, of reducing the risks and effects of climate change and other ecological or social grievances.

Information about how sustainability risks are incorporated into our investment recommendations

Due to legal regulations, we are obliged to provide the following information. We do not intend to actively promote ecological or social characteristics in our investment strategies or for other specific financial instruments:

Environmental conditions, social disruption and/or poor corporate governance can have a negative impact on the value of our customers' investments and assets in a number of ways. These so-called sustainability risks can have a direct impact on the asset, financial and earnings situation and also on the reputation of the investment properties.

There is currently no scientifically proven evidence of the expected effects of sustainability risks on the returns of the financial services we offer. However, it can be expected that sustainability risks may have a negative impact on the returns of financial services.

To take sustainability risks into account when making investment recommendations, we rely on the reporting available on the market from research providers, rating agencies, news terminals and also issuers. If substantial sustainability risks can be identified, these are included in the decision-making or advisory process, taking into account the opportunity-risk ratio. Of course, the overall risk utilization of the recommended product is always based on the customer's individual investment goals and the investment guidelines developed from them.

Reimann Investors Asset Management GmbH (as of January 9, 2023)

Statement on the consideration of adverse impacts on sustainability factors

Due to legal regulations, we are obliged to provide the following information:

Investment recommendations may have adverse effects on the environment (e.g. climate, water, biodiversity), social and employee issues and may also be detrimental to the fight against corruption and bribery.

In principle, we have a significant interest in fulfilling our responsibility as an investment service provider and helping to avoid such effects as part of our investment recommendations. However, as things currently stand, it is not possible for us to implement the legal requirements specified for this due to the lack of clarity regarding the regulatory framework.

In order to avoid legal disadvantages, we are therefore currently prevented from making a public statement to the effect that and in what manner we take into account the adverse effects on sustainability factors (environmental concerns, etc.) as part of our investment recommendations. We are therefore obliged to declare on our website that we are not taking these into account for the time being and until further clarification is made.

However, we expressly declare that this handling does not change our willingness to contribute to a more sustainable, resource-efficient economy with the aim, in particular, of reducing the risks and effects of climate change and other ecological or social grievances.

Information about how sustainability risks are incorporated into our investment recommendations

Due to legal regulations, we are obliged to provide the following information. We do not intend to actively promote ecological or social characteristics in our investment strategies or for other specific financial instruments:

Environmental conditions, social disruption and/or poor corporate governance can have a negative impact on the value of our customers' investments and assets in a number of ways. These so-called sustainability risks can have a direct impact on the asset, financial and earnings situation and also on the reputation of the investment properties.

There is currently no scientifically proven evidence of the expected effects of sustainability risks on the returns of the investment services we offer. However, it can be expected that sustainability risks may have a negative impact on the returns from investment services.

To take sustainability risks into account when making investment recommendations, we rely on the reporting available on the market from research providers, rating agencies, news terminals and also issuers. If substantial sustainability risks can be identified, these are included in the decision-making or advisory process, taking into account the opportunity-risk ratio. Of course, the overall risk utilization of the recommended product is always based on the customer's individual investment goals and the investment guidelines developed from them.

Sustainability risks are currently not taken into account in the remuneration policy. *

* Point 4 was added on January 9, 2023.

Reimann Investors Venture Management GmbH (as of March 10, 2021)

Statement on the consideration of adverse effects of investment decisions on sustainability factors

Due to legal regulations, Reimann Investors Venture Management GmbH is obliged to provide the following information:

Reimann Investors Venture Management GmbH currently does not take into account the most important adverse effects of investment decisions on sustainability factors at the level of the investment fund managed, i.e. H. adverse effects, particularly on environmental, social and employee issues, respect for human rights and the fight against corruption and bribery (so-called “principal adverse impacts”).

Measuring and reporting the adverse effects of investment decisions on sustainability factors at the portfolio level requires that a corresponding process is initially implemented at the level of Reimann Investors Venture Management GmbH in accordance with the legal requirements.

Due to the (significant) legal uncertainties that currently exist regarding the specific requirements for measuring and reporting principal adverse impacts (both at company and product level), it has decided to wait for further legal developments and to initiate the corresponding processes to be implemented at a later date. In order to avoid legal disadvantages, we are currently prevented from making a public statement to the effect that and in what manner we take into account the adverse effects on sustainability factors (environmental concerns, etc.) as part of our investment decisions (or investment recommendations). It is therefore required to declare on its website that it is not taking these into account for the time being and until further clarification is made.

Reimann Investors Venture Management expressly declares that this handling does not change its willingness to contribute to a more sustainable, resource-efficient economy with the aim, in particular, of reducing the risks and effects of climate change and other ecological or social grievances.

Information about how we incorporate sustainability risks into our investment decisions

Due to legal regulations, Reimann Investors Venture Management GmbH is obliged to provide the following information. An active promotion of ecological or social characteristics for the fund managed by Reimann Investors Venture Management GmbH is not intended:

Sustainability risks in this sense are events or conditions in the areas of environmental, social or corporate governance, the occurrence of which actually or potentially has a material negative impact on the asset, financial and earnings situation as well as on the reputation of a company and thus on the value of the investment could. In the area of climate and environment, sustainability risks consist of physical risks and transition risks.

The fund managed by the company invests primarily in young companies for which sustainability risks (particularly in the areas of social and governance) cannot be ruled out from the outset, as these companies generally do not have as established structures as large companies. Sustainability risks can have a direct impact on the asset, financial and earnings situation and also on the reputation of the investment properties. There is currently no scientifically proven evidence of the expected effects of sustainability risks on the returns of the managed fund. However, it can be expected that sustainability risks may have a negative impact on returns.

Since these are mainly young companies, there is no reporting available on the market from research providers or rating agencies or the companies themselves. When making new investments, Reimann Investors Venture Management GmbH will carry out appropriate risk assessments for the managed fund and include them in its investment decision. It will also examine the extent to which sustainability risks may exist as part of due diligence. If substantial sustainability risks can be identified within this framework, they will be included in the decision-making process, taking into account the risk-reward ratio. Of course, the investment policy is based on the investment conditions of the fund.

Sustainability risks are currently not taken into account in the remuneration policy.