FundInvest

The constitution of Fundinvest - Fundo de Investimento Imobiliário Fechado ("Fund"), was authorized by the Angolan Capital Markets Commission ("CMC") on 31/03/2022, having started its activity on 07/06/2022, with the realization of the first subscription of participation units.

The initial subscription considered the issuance of 660,170 units, with a face value of AKZ 100,000 each, which amounted to an initial subscription of AKZ 66,017,000,000.

The Fund has a determined duration of 10 (ten) years, counted from the date of its constitution (07/06/2022), renewable for periods not exceeding 5 (five) years.

The Fund is managed by Eaglestone Capital – SGOIC, S.A. and is authorized to provide all the services described in the Securities Code combined with Presidential Legislative Decree No. 7/13 of October 11 on the Legal Regime of Collective Investment Undertakings and other regulations.

The Fund’s Depositary Entity is Banco Angolano de Investimento, S.A., with its registered office at Complexo Garden Towers, BAI Tower, Travessa Ho Chi Minh, Maianga District, Luanda, Angola.

The Fund’s Auditor, effective from the 2026 financial period, is Ernst & Young, Lda., with its registered office at Avenida 4 de Fevereiro, Kilamba Building, 12th Floor, Luanda, Angola.

As described in the Fund's Management Regulations, it will guide its investment policy in the following areas:

• Acquisition of buildings already constructed and buildings intended for the development of construction projects of commercial or residential activities;
• Rental of the properties that are part of the Fund, with a view to making the best use of the conditions of the rental market, as well as their resale.

The Fund's assets may be invested in:

• Real estate intended for commercial and residential activities;
• Bank deposits, participation units of treasury funds and securities issued or guaranteed by the Angolan State with a residual term of less than 12 months.

The properties held by the Fund correspond to urban properties and/or autonomous fractions of them held in property rights, surface rights, or through other rights of equivalent content, located in Angola.

The Fund permanently holds at least 75% of its total assets invested in real estate.