Product disclosure

(a) Summary
Accurafy is investing in a forest reserve in the Dominican Republic to develop a carbon capture and biodiversity preservation project.
This involves planting noble trees and growing endemic fruit trees in a way that respects existing biodiversity. The aim is to create an example of a reserve that respects existing biodiversity, and to offer lovers of tropical spaces an authentic encounter with unspoilt nature from ecolodges that are self-sufficient in resources and energy.

(b) No significant harm to the sustainable investment objective
Due to the nature of the investments made and the resources available, an in-depth study of the Principal Adverse Impacts (PAI) has not been carried out at this stage. However, the management company is considering the possibility of carrying out such a study in the medium term.
The EU Taxonomy is not considered in this investment.
The infrastructure and ecolodges will comply with a charter for respect for the environment, particularly in terms of construction and the use of resources. Local communities are to work directly or indirectly on the site.

(c) Sustainable Objective of the Investment Product
Accurafy is investing in a forest reserve in the Dominican Republic to develop a carbon capture and biodiversity preservation project.

(d) Investment strategy
The planting of noble woods and forest trees will ensure that the project can be implemented and remain profitable over the long term. Approximately 20% of the compartment will serve to cover opex spending.

(e) Proportion of investments
80% of the investments made are for social purposes (10%), through the employment of local communities working directly or indirectly on the site, or for environmental purposes (70%), through maintenance and agricultural and forestry operations.

(f) Monitoring of environmental or social characteristics
The surface and number of planted entities are used as sustainability indicators. Later on, control mechanisms will be considered to be put in place, as well as regular audits of the land and carbon sequestered.

(g) Methodologies
The associated carbon absorption and biodiversity will be considered to be exploited through partners such as Ecotree, one of the Greentech companies in Accurafy's portfolio. The methodologies and indicators used will be described in due course.

(h) Data sources and processing
Data used are and will be public ones as well as data collected on site. They will be disclosed in due course, with the methodology mentioned above.

(i) Limitations to methodologies and data
None as for now.

(j) Due diligence
Due diligence is carried out prior to investment, using Accurafy's own methodology. This methodology is described on this website in the Our Ventures section.

(k) Engagement policies
In addition to the initial investment made in acquiring the land, an annual budget is released each year for work to secure the site, carry out a forestry audit, plant the trees and operate the business.

(l) Where an index is designated as a reference benchmark to attain the environmental or social characteristics promoted by the financial product, ‘Designated reference benchmark’.
A reference benchmark has not been designated for the purpose of attaining the sustainable investment objective. There is no specific index designated as a reference benchmark to meet the sustainable investment objective.

Product disclosure

(a) Summary
A4S is dedicated to the seed and pre-series A of innovative and impactful European startups by capitalising on the experience of its team and senior advisors.

(b) No sustainable investment objective
This financial product promotes environmental or social characteristics, but does not have as its objective sustainable investment.
Due to the nature of the investments made and the resources available, an in-depth study of the Principal Adverse Impacts (PAI) has not been carried out at this stage. However, the management company is considering the possibility of carrying out such a study in the medium term.
The EU Taxonomy is not considered in this investment.

(c) Environmental or social characteristics of the financial product
The Fund aims to invest in young innovative companies, whose management team has demonstrated resilience in creating a product/service based on a disruptive technology ("MVP") and having demonstrated a use case. Priority will be given to impact start-ups whose business model is scalable and provides a direct response to an ESG problem. The problem addressed can be applied to all sectors of the economy participating in major structural growth trends, and particularly the sectors of information technology and digital, energy transition, health, agriculture and food, sport and well-being, real estate, business services, advanced industries, personal services, and specialised distribution

(d) Investment strategy
The Fund will mainly seek to realise capital gains by acquiring minority stakes, mainly directly or more incidentally via holding companies, in European companies, mainly SMEs that are not listed on a regulated market.
The Fund will respect a quota criterion of 50% of the Fund invested in young companies in the seed phase (between Seed and Pre-Series A), seeking an average ticket of €500K.

(e) Proportion of investments
50% of the investments made will be directed to solving an environmental or social problem.

(f) Monitoring of environmental or social characteristics
6 investment criteria are considered when making an investment, with the same clout (17%) : Market and product, Strategy, Management, Financials, Legal, and ESG.
ESG includes the following criteria: mission & impact, social & teams, performance & roadmap, governance & ethics, environment.


(g) Methodologies
Accurafy has developed a proprietary method for assessing the environmental and social characteristics of prospective start-up to be included in this fund. More information on the assessment process can be found through direct engagement with the fund’s managers. Accurafy is committed to continuously improve the ESG assessment process as our internal ESG expertise improves.

(h) Data sources and processing
Public sources as well as data provided by the companies themselves.

(i) Limitations to methodologies and data
Non exhaustivity.

(j) Due diligence
Due diligence is carried out prior to investment, using Accurafy's own methodology.

(k) Engagement policies
Determined for each company.

(l) Where an index is designated as a reference benchmark to attain the environmental or social characteristics promoted by the financial product, ‘Designated reference benchmark’.
A reference benchmark has not been designated for the purpose of attaining the sustainable investment objective. There is no specific index designated as a reference benchmark to meet the sustainable investment objective.