Notice to Participants: Amendment of the Investment Policy of the IMGA Ações Portugal Fund

Important Notice on Redemption: As legally provided, and until December 7, 2026 (the date the new policy enters into force), you may request the redemption of your respective units without any costs or charges. To proceed with the redemption, you must contact your manager directly.

Bison Bank, acting as the distributor of IMGA Ações Portugal – Open-Ended Equity Investment Fund (whose management company is IM Gestão de Ativos), hereby informs the participants of the aforementioned Fund of an amendment to the Investment Policy, which will take effect on December 7, 2026.

The amendment to the Investment Policy aims to streamline the active management of the Fund, with the main objectives of increasing potential profitability, improving asset diversification, and strengthening the active nature of management.

Consequently, following this amendment, the Fund will include the possibility of investing up to 20% of its assets in other Eurozone companies, allowing the manager greater freedom of diversification while keeping the rest of the Investment Policy unchanged.

Right of Redemption without Costs

As legally provided, between the date of this communication and December 7, 2026 (the date the new policy enters into force), the redemption of respective units may be requested without any costs or charges for the participant.

Summary of Changes (Investment Policy)

The Fund could invest up to a maximum of 10% of its total net value in shares of Eurozone companies listed on regulated markets of European Union and OECD countries.

The Fund will be able to invest up to a maximum of 20% of its total net value in shares of Eurozone companies, with all other parameters of the investment policy remaining unchanged.

Documentation