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What is �鶹�� Client Voice?

�鶹�� Client Voice is a customized voting offering that allows eligible institutional investors to submit their voting preferences on agenda items at general meetings of listed Swiss companies, for selected Swiss-domiciled funds, in proportion to their fund holdings. The preferences are taken into consideration by the fund management company, which exercises the voting rights on behalf of the funds and retains the final decision on votes to ensure alignment with fund objectives and its investors’ best financial interests.

Why is this voting offering relevant to clients?

�鶹�� Client Voice offers clients an easy way to express their views on agenda items at general meetings of Swiss companies – even when investing through collective investment schemes. This strengthens their ability to act responsibly and affect the practices of Swiss companies in line with their own stewardship priorities and the needs of their beneficiaries, where applicable.

Who can participate?

�鶹�� Client Voice is available to institutional clients of �鶹�� Asset Management invested in selected Swiss-domiciled funds. Specifically, the service is offered for investors in the share classes I-B and I-X. Participation requires meeting certain eligibility criteria and signing the necessary agreements.��

What is the scope for �鶹�� Client Voice in Switzerland?

The initial offering encompasses Swiss companies held within 12 Swiss-domiciled equity funds.��

Disclaimer:

For marketing and information purposes by �鶹��. For qualified investors only. �鶹�� funds under Swiss law.Arrangements for marketing fund units mentioned in this document may be terminated at the initiative of the management company of the fund(s).

Before investing in a product please read the latest prospectus and key information document carefully and thoroughly.

Any decision to invest should take into account all the characteristics or objectives of the fund as described in its prospectus, or similar legal documentation. Investors are acquiring units or shares in a fund, and not in a given underlying asset such as building or shares of a company. The information and opinions contained in this document have been compiled or arrived at based upon information obtained from sources believed to be reliable and in good faith, but is not guaranteed as being accurate, nor is it a complete statement or summary of the securities, markets or developments referred to in the document. Members of the �鶹�� Group may have a position in and may make a purchase and / or sale of any of the securities or other financial instruments mentioned in this document. Units of �鶹�� funds mentioned herein may not be eligible for sale in all jurisdictions or to certain categories of investors and may not be offered, sold or delivered in the United States. The information mentioned herein is not intended to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Past performance is not a reliable indicator of future results. The calculated performance takes all costs on the fund level into consideration (ongoing costs). The entry and exit costs, which would have a negative impact on the performance, are not taken into consideration. If whole or part of the total costs to be paid is different from your reference currency, the costs may increase or decrease as a result of currency and exchange rate fluctuations. Commissions and costs have a negative impact on the investment and on the expected returns. If the currency of a financial product or financial service is different from your reference currency, the return can increase or decrease as a result of currency and exchange rate fluctuations. This information pays no regard to the specific or future investment objectives, financial or tax situation or particular needs of any specific recipient. Future performance is subject to taxation which depends on the personal situation of each investor and which may change in the future. The details and opinions contained in this document are provided by �鶹�� without any guarantee or warranty and are for the recipient's personal use and information purposes only. This document may not be reproduced, redistributed or republished for any purpose without the written permission of �鶹�� Asset Management Switzerland AG or a local affiliated company. Source for all data and charts (if not indicated otherwise): �鶹�� Asset Management. Any Index referenced in this document is not administered by �鶹��.

This document contains statements that constitute “forward-looking statements”, including, but not limited to, statements relating to our future business development. While these forward-looking statements represent our judgments and future expectations concerning the development of our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations.

CH: Prospectuses, key information document, the articles of association or the management regulations as well as annual and semi-annual reports of �鶹�� funds are available in a language required by the local applicable law free of charge from �鶹�� Asset Management Switzerland AG, c/o �鶹�� AG, Bahnhofstrasse 45, 8001 Zürich or from �鶹�� Fund Management (Switzerland) AG, P.O. Box, CH-4002 Basel.

A summary of investor rights in English can be found online at: ubs.com/funds-regulatory information. More explanations of financial terms can be found at ubs.com/am-glossary

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