Mandarine Funds - Mandarine Unique Small & Mid Caps Europe I

The aim of the (the “Sub-Fund”) is to provide investors with long-term capital growth arising from a diversified portfolio whose transferable securities are actively managed and to outperform the benchmark index STOXX® Europe Small 200 (EUR) Net Return (the “ Index ”). The Sub-Fund invests at least 75% of its net assets (excluding cash) in sustainable securities, as described in the previous section entitled “Section XXI - Consideration of non-financial criteria - Inclusion of sustainability risks”. The Sub-Fund takes account of a wide range of environmental and social characteristics as well as good governance practices. Environmental characteristics include, but are not limited to, climate change mitigation and adaptation measures, water and waste management, and biodiversity; social characteristics include product safety, supply chain, health and safety, and human rights. ESG characteristics are analysed and rated by the Management Company's analysts.