Interview: "Klimawandel bleibt ein Investmentthema – auch 2025"

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_{Key Risks}

_{Investment & Currency risk}

_{The value and income from the fund's assets will go down as well as up. This will cause the value of your investment to fall as well as rise. There is no guarantee that the fund will achieve its objective, and you may get back less than you originally invested.}

_{Derivatives risk}

_{Investments can be made in derivatives, which can be complex and highly volatile. Derivatives may not perform as expected, meaning significant losses may be incurred. Derivatives are instruments that can be complex and highly volatile, have some degree of unpredictability (especially in unusual market conditions), and can create losses significantly greater than the cost of the derivative itself.}

_{Illiquid securities risk}

_{Some investments could be hard to value or to sell at a desired time, or at a price considered to be fair (especially in large quantities), and as a result their prices can be volatile.}

_{Sustainable Investing Risk}

_{The level of sustainability risk to which the Fund is exposed, and therefore the value of its investments, may fluctuate depending on the investment opportunities identified by the Investment Manager.}

_{Equities Risk}

_{Equities can lose value rapidly, can remain at low prices indefinitely, and generally involve higher risks — especially market risk — than bonds or money market instruments. Bankruptcy or other financial restructuring can cause the issuer's equities to lose most or all of their value.}

_{Important Information}

_{THIS IS A MARKETING COMMUNICATION}

_{Unless stated otherwise any opinions expressed are those of Aviva Investors. They should not be viewed as indicating any guarantee of return from an investment managed by Aviva Investors nor as personalised advice of any nature. This document should not be taken as a recommendation or offer by anyone in any jurisdiction in which such an offer is not authorised or to any person to whom it is unlawful to make such an offer or solicitation. The legal documentation and the subscription documents should be read before an investment is made. Portfolio holdings are subject to change at any time without notice and information about specific securities should not be construed as a recommendation to buy or sell any securities.}

_{For Investors located in EU/EEA countries, the Prospectus and Key Information Document (‘KID’), as well as the latest annual and semi-annual reports of Aviva Investors SICAV are available, free of charge from the registered office of the fund located at 2 rue du Fort Bourbon .L-1249 Luxembourg, Grand Duchy of Luxembourg, or from www.eifs.lu/aviva-investors. The Prospectus is available in English. Where a sub-fund of Aviva Investors SICAV is registered for public distribution in a jurisdiction, a KID in the official language of that jurisdiction will be available.}

_{For investors located in France the Fund documentation is also available at the registered office of the local agent: BNP Paribas Securities Services, 3 rue d’Antin, 75002 Paris, France.}

_{For investors located in Italy, the Fund documentation is available at the following local agent’s offices:}

• _{Allfunds Bank S.A.U, Legal Department Italy, via Bocchetto, 6, 20123 Milan, Italy}
• _{Société Générale Secrities Services S.p.A, Via Benigno Crespi 19/A, 20159 Milano, Italy}

_{For investors located in Spain, the Fund documentation is available at the office of the local agent:
Allfunds Bank S.A, Calle de los Padres Dominicos, 28050 Madrid, Spain}

_{For investors located in Switzerland, the Fund documentation is available at the Swiss representative’s office BNP PARIBAS, Paris, Zurich branch, Selnaustrasse 16, 8002 Zurich, Switzerland.}

_{For Investors located in United-Kingdom, the Fund documentation is also available at the UK facilities’ registered office Aviva Investors Global Services Limited, 80 Fenchurch Street, London, EC3M 4AE, United Kingdom.}

_{Where relevant, information on our approach to the sustainability aspects of the fund and the Sustainable Finance disclosure regulation (SFDR) including policies and procedures can be found on the following link: https://www.avivainvestors.com/en-gb/capabilities/sustainable-finance-disclosure-regulation/}

_{In Europe this document is issued by Aviva Investors Luxembourg, acting as the Management Company of the fund, with its registered office located 2 rue du Fort Bourbon, L-1249 Luxembourg, Grand Duchy of Luxembourg. Aviva Investors Luxembourg is supervised by the Commission de Surveillance du Secteur Financier, R.C.S Luxembourg B25708. In the UK this document is issued by Aviva Investors Global Services Limited, registered in England No. 1151805, with its registered office located at 80 Fenchurch Street, London, EC3M 4AE. Aviva Investors Global Services Limited is authorised and regulated by the Financial Conduct Authority. Firm Reference No. 119178.}

_{In Switzerland, this document is issued by Aviva Investors Schweiz GmbH.}