This document is issued by BOV Asset Management Limited (“the Company” and/or “BOV AM”) for use solely by BOV AM representatives and should not be distributed to third parties including retail and professional investors. It is not intended for publication and should not be distributed by the recipient to any other person. Opinions, estimates and projections in this publication constitute the current judgment of the author as of the date of this publication, and should not be construed as investment advice. The Company has obtained the information contained in this document from sources it believes to be reliable, but it has not independently verified this information contained herein and therefore its accuracy cannot be guaranteed. The Company makes no guarantees, representations or warranties and accepts no responsibility or liability as to the accuracy or completeness of the information contained in this document. The Company has no obligation to update, modify or amend this publication or to otherwise notify a reader thereof in the event that any matter stated therein, or any opinion, projection, forecast or estimate set for the herein changes or subsequently becomes inaccurate. Income from an investment may fluctuate and the price or value of the financial instrument described in this presentation, either directly or indirectly, may rise or fall. Furthermore, past performance is not necessarily indicative of future results. ESG is a set of criteria measuring the sustainability of companies from three perspectives - environmental, social and governance. To further demonstrate our commitment to ESG principles, the BOV Group is working to be ESG compliant in its offerings to its clients. However, currently, the investments underlying the financial products mentioned herein do not take into account the EU criteria for environmentally sustainable economic activities. Any investments in any of the funds mentioned herein plc should be based on the full details of the Prospectus, Offering Supplements and KIIDS, which documents may be obtained from the Company, Bank of Valletta plc branches and investment centres and other licensed financial intermediaries. BOV Asset Management is licensed to conduct investment services in Malta by the Malta Financial Services Authority. The BOV Investment Funds is a common contractual fund licensed by the Malta Financial Services Authority and qualifies as a UCITS. The Vilhena Funds SICAV plc is licensed by the Malta Financial Services Authority and qualifies as a UCITS. Issued by BOV Asset Management Limited, registered address 58, Triq San Żakkarija, Il-Belt Valletta, VLT 1130, Malta.