M&G (Lux) Nature and Biodiversity Solutions Fund

Sustainable, Responsible &/or ESG Policy:

Objective:

The Fund has two aims:

• financial objective: to provide a combination of capital growth and income to deliver a return that is higher than the global developed stock
  market over any five-year period; and
• impact objective: to invest in companies that deliver solutions to the challenge of biodiversity loss, climate change and the degradation of
  nature.

Core investment: at least 80% of the Fund is invested in the shares and equity-related instruments of companies, across any sector and of any size, from any developed market. The Fund usually holds shares in fewer than 50 companies. The Fund invests in securities that meet the ESG
Criteria, applying an Exclusionary Approach, in addition to its sustainable investment strategy in pursuit of the sustainable investment objective, as described in the precontractual annex.

Other investments: the Fund may invest up to 20% in the shares and equity-related instruments of emerging market companies, including China A-Shares via the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect. The Fund may also invest in other funds, and up to 20% in cash (meaning eligible deposits) and assets that can be turned quickly into cash.

Derivatives usage: to reduce risks and costs.

Strategy in brief:

• Investment approach: the Fund invests over the long term in a concentrated portfolio of global stocks, applying a sustainable investment strategy as described in the precontractual annex.
• Investment manager’s ESG classification: Planet + / Impact, as defined in the Fund’s prospectus.

Benchmark: MSCI World Net Return Index
The benchmark is a comparator used solely to measure the Fund’s performance and does not constrain portfolio construction. The benchmark has been chosen as it best reflects the Fund’s financial objective. The Fund is actively managed. The investment manager has complete freedom
in choosing which investments to buy, hold and sell in the Fund. The Fund’s holdings may deviate significantly from the benchmark’s constituents. For performance measurement purposes the benchmark may be denominated or hedged into the relevant share class currency.
The benchmark for each share class will be shown on the M&G website.

Intended retail investor:

The Fund is designed for retail and institutional investors who want a combination of capital growth and income by investing in a portfolio of shares of companies from anywhere in the world, and who have sustainability preferences. The return on your Fund is directly related to the value of its underlying assets, which is determined by the market's view on how well each company is performing, as well as reflecting broader economic and political themes. As an investor your capital is at risk. The value of your portfolio, and any income you may receive from it, can go down as well as up. You may get back less than you originally invested.
Any income from the Fund will be rolled up into the value of your investment.

Term: The Fund has no set maturity date but is designed to be held for a minimum of 5 years. However, it is possible for the directors of the company to terminate the Fund, without the prior consent of the shareholders, where it is deemed to be uneconomic to run or in the best interests of shareholders. Refer to the prospectus for more information.

(Source: KIID, as at September 2025)

SDR Labelling:

Not eligible to use label (out of scope)

SDR Literature:

• Consumer Facing Disclosure link