Notice to SEB Eastern Fund ex Russia Fund unitholders

We wish to inform you that the sub fund SEB SICAV 1 – SEB Eastern Europe ex Russia Fund will undergo some changes with respect to its investment objective and policy as of 31 October 2019.

The sub fund will mainly invest in equity or equity related transferable securities listed or traded on a regulated market issued by companies domiciled in Eastern European countries excluding Russia (including Albania, Bosnia & Herzegovina, Bulgaria, Croatia, the Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Montenegro, Poland, Romania, Serbia, Slovakia, Slovenia, Turkey, North Macedonia), and/or companies not domiciled but which exercise a tangible part of their economic activity in any of the aforementioned countries.

The reasoning behind the changes is to make clarifications in the prospectus, while adding Greece to the list of eligible countries. The investment process will stay the same.

Unitholders are not required to take action. However, if unitholders do not wish to continue investing in the sub-fund in its new form, they may redeem their unis without being charged a redemption fee until 30 October 2019 14.00.

Product documentation for the sub funds, including the prospectuses, are available on www.sebgroup.lu and at the registered office of the Company.