Disclaimer

No offer

The information and assessments contained on this website does not represent an invitation, a recommendation or an offer to purchase or sell investments products, to use the services described or to carry out any other kind of transaction. It may not be regarded either as publicity for a purchase or sales offer.

Local legal constraints

Access to information contained on this website as well as products or services which are described on this website may be prohibited for certain users as a result of local laws and regulatory provisions. For those persons who are subjected to such constraints, the access to this Catam Asset Management AG website (this definition also includes in the following its subsidiaries and associated companies) is prohibited. This applies in particular to persons domiciled in the USA or having US nationality. If you are uncertain about the sales restrictions or the significance of information published on this website, please contact your financial consultant or other professional advisor. The decision to invest in a product described on this website or to make use of relevant services should only be taken on the basis of the sales material in question (e.g.,. prospectus).

No warranty/ No guarantee

Catam Asset Management AG compiles and regularly updates the contents of this website with great care. Nevertheless, the data serves only for general information of a non-binding nature and does not replace detailed individual advice for an investment decision. The information and opinions presented on this website originate from sources which we deem to be reliable. However, we provide no undertaking or guarantee for the accuracy, completeness or legality of the information contained in this website. The contents of the information contained in this website may be changed at any time due to changed circumstances, whereby we are under no obligation to update once published information. In particular, Catam Asset Management AG shall not be obliged to remove any outdated information from the Catam Asset Management AG website or to expressly mark it as being outdated.

Warning about risks

This website has been established by Catam Asset Management AG exclusively for the purposes of information. The information contained on the website is not to be understood under any circumstances as an investment recommendation or as legal, taxation or other advice. Please note that investments mentioned on this website may involve significant risks including the loss of the entire capital invested. More specifically, please note that the value of an investment may fall as well as rise. A gain in value in the past therefore provides no guarantee of positive performance in the future. Investments in foreign currencies are subject in addition to exchange rate fluctuations. Investments involving high volatility can be subject to high price fluctuations. These price fluctuations may equal or even exceed the value of the invested amount. The preservation of the invested capital cannot be guaranteed. Certain information may concern investments that cannot be realised directly. It may be difficult for investors to sell such investments, take profits on them or receive reliable information on their value or risk exposure. When buying or selling leverage investments, investors may not only lose the amount initially invested, they may also be required to pay an additional amount. Therefore, products mentioned in this website are considered only for accredited and institutional investors who understand the risks involved and who are able to bear such risks from an economic perspective. Furthermore, prospective investors should inform themselves of the potential tax implications of purchasing, owning and selling investment products in their place of domicile and, if necessary, seek advice locally.

Exclusion of Liability

Catam Asset Management AG expressly excludes all liability for losses or damage of whatever kind, including direct, indirect, special or consequential or which could result from the use of the information contained in this website or in another website via a link.

Catam Asset Management AG does not accept any liability for any unauthorized manipulation of users IT systems. Catam Asset Management AG cannot provide any guarantee that the information, software or other material which is made accessible through this website is free of viruses, worms, Trojan horses or other damaging components.

Copyright

The entire content of this website is protected by copyright and Catam Asset Management AG reserves all rights. Insofar as it is not stated otherwise, all texts, pictures and layout contained within this website is the exclusive property of Catam Asset Management AG. The text, pictures and layout contained in this website may not be used without the written permission of Catam Asset Management AG nor can such material be copied or distributed either partly or in full. The downloading and printing of pages from this website and the depiction and use of this website on or with a computer is permitted only for personal use.

Links to other websites

This website may contain links to other websites that are controlled or made available by third parties. Catam Asset Management AG cannot guarantee that the links to other websites through hyperlinks are correct at the time of use of this website. Websites beyond the website of Catam Asset Management AG which are linked through hyperlinks with the website of Catam Asset Management AG have been developed and managed by persons which do not lie under the control of Catam Asset Management AG. Such sites are not monitored by Catam Asset Management AG. Catam Asset Management AG takes no responsibility whatsoever for the information of the contents made available on such websites such content. Catam Asset Management AG assumes that the linking to other publicly available websites and newsgroups is legally permissible and complies with the general and normal expectations of (internet) users.

Monitoring of data transfer; data protection

Catam Asset Management AG is authorised, but not obliged, to monitor the transfer of data from and to this website. By using this website you accept that Catam Asset Management AG may record information about you in order to process access and use of the content and to monitor it.

E-mail

This website offers you the possibility of sending e-mail messages to Catam Asset Management AG. These e-mails are transmitted via the Internet, a network open to the public, over which Catam Asset Management AG has no control whatsoever and consequently such messages may be intercepted or changed or lost. Catam Asset Management AG does not accept any responsibility for the security of your data and disclaims any liability for direct or indirect data loss in this connection.

ESG

At corporate level: CATAM observes developments in the field of sustainability with a keen eye. CATAM complies to all applicable laws and regulations relating to the three dimensions of ecology (environment), social responsability (social) and good corporate governance (governance). In the context of the above aspects, CATAM relies on sound common sense.

At product level: CATAM is fully aware of the issue of analysing sustainability risks at product level and checks them on an ongoing basis. Applicable laws and regulations in the investment area are observed and applied when putting together the portfolio structure. Standard asset management mandates from CATAM, on the other hand, are not explicitly geared towards ESG-compliant investments unless the client expressly requests this. There is the possibility to use the portfolio management system to have the asset management mandate assessed for ESG.

1. General information about the Shareholder Rights Directive II (SRD II)

What is the aim of the SRD II? The Shareholder Rights Directive II (SRD II) is a directive issued by the European Union on shareholder rights that aims to strengthen the corporate governance of listed companies domiciled in the EU or the EEA. In addition to a more effective involvement of shareholders in the company, the main focus is on facilitating the exercise of shareholder rights and improving access to company information in cross-border constellations.

What does SRD II mean for financial intermediaries, and who is affected? The SRD II sets out regulatory requirements for financial intermediaries entrusted with the holding/administration of equities or the management of equities accounts on behalf of the relevant shareholders (or other intermediaries). The definitive factors are that the issuer is domiciled and authorised in the EU/EEA and that its shares are traded on a market regulated in the EU/EEA. Intermediaries (such as CATAM Asset Management AG) are obligated under SRD II to ensure the simplified flow of information between companies and their shareholders throughout the custodial chain, in order to enable shareholders to better exercise their shareholder rights.

2. CATAM Asset Management AG’s declaration regarding the Shareholder Rights Directive II (SRD II)

CATAM Asset Management AG is an asset manager according to Art. 367a, No. 3, of the Liechtenstein Persons and Companies Act (PGR) and must therefore describe its shareholder involvement policy in accordance with Art. 367h of the PGR. The shareholder involvement policy of CATAM Asset Management AG is formulated as follows:

• CATAM Asset Management AG does not exercise any shareholder rights within the meaning of Art. 367h, para. 1, No. 1 and 4 PGR that are based on shareholder involvement in the companies in which CATAM Asset Management AG has invested within the scope of asset management mandates. In particular, no rights related to the Annual General Meetings of public limited companies are exercised. The right to a share in profits and rights to receive shares are exercised in consultation with the clients.
• The monitoring of important company matters within the meaning of Art. 367h para. 1, No. 2 PGR is carried out by taking note of the legally required company reporting in financial reports as well as ad hoc announcements.
• There is no exchange of opinions with the corporate bodies and stakeholders of the companies within the meaning of Art. 367h, para. 1, No. 3 PGR.
• There is no collaboration with other shareholders within the meaning of Art. 367h, para. 1 No. 5 and 6 PGR.
• In the event of a conflict of interest within the meaning of Art. 367h para. 1 No. 7 PGR, disclosure shall be made to those parties concerned, in accordance with the legal provisions, and a clarification of the further course of action shall be made in consultation with those parties.
• An annual publication on the implementation of the compliance policy within the meaning of Art. 367h, para. 2, PGR does not take place, as there is no corresponding exercise of rights.
• There is no publication of voting behaviour within the meaning of Art. 367h, para. 1, sub-para. 3 PGR because there is no voting participation.