Assessment conducted on exposure to fossil fuels through real estate assets. Exclude investments in real estate assets involved in the extraction, storage, transport or manufacture of fossil fuels.

Assure the share of investments in real estate assets involved in the extraction, storage, transport or manufacture of fossil fuels remains 0%.

Atlantic Premium Capital Partners SA aims to keep the share of investments in real estate assets involved in the extraction, storage, transport or manufacture of fossil fuels at 0%.

Atlantic Premium Capital Partners SA acts as a venture capital and private equity fund manager (FCRs). The Atlantic Premium Capital Partners SA ESG Policy (the “ESG Policy”) describes, inter alia, how the Investment Managers consider sustainability factors as part of the investment decision making process. The ESG Policy was approved by the Atlantic Premium Capital Partners Board Committee in March 2023. The Investment Managers obtain data on the SFDR’s principal adverse impact indicators (the “Indicators”) from the funds investee companies, proprietary research and third-party data providers, to the extent such data are available. This facilitates the Investment Managers’ ability to identify the underlying investments’ principal adverse impacts on sustainability factors. The Investment Managers will prioritise principal adverse impacts on sustainability factors in accordance with the investment objectives and policies of the funds. The investment managers consider the principal adverse impact of SFDR’s 18 mandatory Indicators. The mandatory Indicators will have an adverse and potentially irremediable impact on sustainability factors.

Our ESG department monitors on an ongoing basis the binding elements (referred to in the Investment strategy section) of the fund to ensure that these are met throughout the lifecycle of the fund. The fund uses the following Indicators:

• Overall ESG profile
• Principle Adverse Impact (PAI) indicators such as exposure to issuers that are in severe breach of international norms or have significant activities with adverse E/S impacts on society or the environment

Atlantic Premium Capital Partners relies on various sources of information to analyse and monitor potential investments. The Investment Manager integrates sustainability risks and opportunities into its research, analysis and investment decision-making processes. Once ESG data is integrated into our systems, we conduct quality controls on an on-going basis to detect and address issues that may negatively affect data usage. Atlantic Premium Capital Partners invests in a range of asset classes and underlying strategies. The approach to managing sustainability risk will differ by and be influenced by the asset class and the investment strategy. In line with the overall fund objective, Atlantic Premium Capital Partners targets investment in strategies which help contribute to achieving the Fund’s sustainability goals.

In addition, as a responsible investor, the Fund adopts an active ownership approach across its holdings. Atlantic Premium Capital Partners uses the discretion afforded to it under a client’s Investment Management Agreement to exercise voting rights and to constructively engage with investee companies, encouraging better standards and management processes covering financially material ESG risks.

Key limitations to our methodologies may include a lack of data coverage and/or quality. Our due diligence process of investee companies incorporates the following:

• The clarity and robustness of the issuer’s long-term strategy
• The functioning and calibre of governance structures and effective leadership
• The financial strength and performance of issuers and the fair valuation of underlying assets
• Sustainability risks & opportunities and adverse impacts of potential investments on society and/or the environment }

The Investment Managers obtain data on the Indicators from the fund’s investee companies, proprietary research and third-party data providers, to the extent such data are available. The data required to calculate the Indicators’ metrics in accordance with the SFDR are limited or unavailable across many asset classes and markets in which the Fund’s invest. In accordance with the SFDR, reasonable assumptions will be made in the absence of data, which may reduce the accuracy of the metrics reported in this statement.

Atlantic Premium Capital Partners SA engagement policy is disclosed on the main website. The Engagement Policy discloses the key ESG issues on which the Investment managers engage. An engagement activity can be initiated with the individual companies regarding matters such as strategy, financial and non-financial performance, risk, capital structure, social and environmental impact as well as corporate governance including topics like disclosure, culture and remuneration. The engagement activity can be exercised by, for example, company meetings or engagement letters.

Atlantic Premium Capital Partners SA is committed to do its utmost to act in accordance with international conventions, recommendations, frameworks and guidelines, such as the UN Global Compact, the OECD Guidelines for Multinational Enterprises, and the UN Principles for Responsible Investment. A brief explanation of these standards is given below.

Atlantic Premium Capital Partners SA expects companies and funds it invests in to act in line with the United Nations Global Compact (“UNGC”) general standards for companies. The UNGC consists of ten principles in the areas of human rights, 16/16 labour rights, environment and anti-corruption. In 2016, these were translated into 17 sustainable development goals, the United Nations Sustainable Development Goals (“SDGs”).

Atlantic Premium Capital Partners SA is committed to the OECD Guidelines for Multinational Enterprises. The OECD Guidelines for Multinational Enterprises have been drawn up to help companies worldwide to conduct their business in a socially responsible manner. The guidelines cover issues such as human rights, child labour, the environment, corruption, working conditions and responsible tax treatment.

Atlantic Premium Capital Partners SA is in the process of becoming a signatory to the United Nations Principles for Responsible Investment (“UN PRI”). Developed by an international group of institutional investors, the Principles for Responsible Investment reflect the growing relevance of environmental, social and governance issues to investment practice.

There were no new investments made in 2023, and the portfolio composition remained unchanged from the previous year. As a result, the Principal Adverse Impact (PAI) indicators reflect the same data as reported in 2022. No methodology updates or regulatory changes impacted the calculations, ensuring consistency in reporting. Future disclosures will reflect any portfolio developments or regulatory adjustments as they arise.