Notice of Termination

Notice of Termination:

Regnan Global Equity Impact Solutions Fund Class R (APIR: PDL4608AU ARSN: 645 981 853)

Regnan Global Equity Impact Solutions Fund Class W (APIR: PDL7011AU ARSN: 645 981 853)

The Regnan Global Equity Impact Solutions Fund (Fund) will terminate on Wednesday, 30 July 2025.

Why is the Fund terminating?

We regularly review our product offerings and investment capabilities to ensure that our business continues to maintain a product suite that remains viable and relevant to our investor demands.

After careful consideration, we have determined that terminating the Fund is in the best interests of investors.

The Fund’s small size means that it has high running costs and cannot be managed in a cost efficient way.

We also consider that the Fund has little prospect of significant growth in funds under management in the foreseeable future. If the Fund were to continue, the Fund’s size would result in higher management costs for investors, which would reduce their investment returns.

How this affects you?

As the decision to terminate the Fund has been made, applications, transfers and withdrawals will not be accepted after 2:00pm (Sydney time) on Wednesday, 30 July 2025.

What happens next?

Following the Fund’s termination on Wednesday, 30 July 2025, we will begin to wind up the Fund. The assets of the Fund will be sold and the net proceeds of winding up will be paid to all investors in proportion to their unit holding.

What does this mean for you?

Your pro-rata share of the net cash proceeds from this termination will be paid directly to your nominated bank account on file on or around the week commencing Monday, 11 August 2025 or shortly thereafter.

Details of the distribution paid to you prior to the termination of the Fund will be included in your 2026 AMIT Member Annual (AMMA) statement. This statement will set out the components of the distribution. It will be issued to you following the 30 June 2026 financial year.

Questions?

If you have any questions, please contact our Investor Relations Team during business hours on 1300 346 821.