Updates to pre-contractual documents for several SEB FCP funds

Information in German

SEB Funds AB will update the sustainability disclosures set out in the prospectuses for sub-funds under the SEB Fund 5 umbrella, SEB Euroland Free of Management Fee and SEB European Equity Small Caps. Sustainability-related updates will also be introduced to certain sub-funds under the SEB Fund 1 umbrella. These changes take effect on 23 February 2026.

You do not need to take any action, and the value of your investment will not be affected. However, we want to ensure you are informed of these updates.

General updates to PCDs in the prospectuses

Sub-funds affected

• SEB Fund 5 – SEB Corporate Bond Fund EUR
• SEB Fund 5 – SEB Corporate Bond Fund SEK
• SEB Fund 5 – SEB Danish Mortgage Bond Fund
• SEB Fund 5 – SEB Dynamic Bond Fund
• SEB Fund 5 – SEB Euro Bond Fund
• SEB Fund 5 – SEB Euro Short Rate Fund
• SEB Fund 5 – SEB Green Bond Fund
• SEB Euroland Free of Management Fee
• SEB European Equity Small Caps

As part of our regular review of sustainability policies and SFDR-related disclosures, we have revised the sustainability disclosures for all sub-funds, as detailed in Annex I of the prospectus. These updates reflect enhancements to the Management Company’s sustainability policy.

We have also improved the clarity and accuracy of the language used in these disclosures to support greater transparency for investors.

Summary of key updates

• Clarified that nicotine products are excluded under the same terms as tobacco products.
• Specified exclusions for white phosphorus and other prohibited or controversial weapons.
• Updated exclusion thresholds to align with Paris-Aligned Benchmark (PAB) standards:
  • 1 per cent revenue cap for coal distribution
  • 1 per cent revenue cap for metallurgical coal mining
• Streamlined exclusions wording by referencing the Management Company’s overarching sustainability policy, which is reviewed regularly, rather than listing individual thresholds.
• Clarified the policy on military equipment:
  • Sub-funds that previously excluded certain military-related investments now permit holdings in non-combat military equipment, consistent with our current Swedish market practice.

For further details, we encourage you to review our full sustainability policy here: SEB Asset Management – Our sustainability approach.

Fund-specific updates

SEB Corporate Bond Fund EUR, SEB Corporate Bond Fund SEK and SEB Dynamic Bond Fund

These funds now also commit to maintaining sustainable investments with an environmental objective in economic activities that qualify as environmentally sustainable under the EU Taxonomy, totalling at least 1 per cent. These changes do not affect the sub-funds’ portfolio composition, fees or risk profile.

SEB Euroland Free of Management Fee

The fund now commits to a minimum proportion of 20 per cent of sustainable investments. The change does not affect the fund’s portfolio composition, fees or risk profile.

SEB European Equity Small Caps

The fund now commits to a minimum proportion of 10 per cent of sustainable investments. The change does not affect the fund’s portfolio composition, fees or risk profile.

Reason for updates

When the original disclosures were prepared, data limitations led to a conservative approach, with some sub-funds reporting minimal or zero sustainable investment exposure.

Improved data availability has since confirmed that many portfolio companies meet the relevant sustainability criteria. Accordingly, the minimum level of sustainable investments has been revised upwards, reinforcing our commitment to responsible investment.

Sustainability-related updates to SEB Fund 1

• For SEB European Defence & Security Fund (LU), the aggregated sustainability risk rating and the likely impact of sustainability risks on return for the sub-fund, which are values dependent on portfolio composition and may vary over time, have been revised from low to medium (see the Sub-Fund Descriptions section of the prospectus).
• For the SEB Nordic Future Opportunity Fund and SEB Global Climate Opportunity Fund, specific thematic investment requirements linked to climate-related themes have been removed from the sustainability disclosures to provide more flexibility in portfolio management. The other binding elements remain unchanged. This change does not affect the fund’s portfolio composition, fees or risk profile.
• For SEB Global Climate Opportunity Fund, the minimum proportion of sustainable investments aligned with the EU Taxonomy has been increased from 5% to 10%.

Other updates to the prospectuses

The prospectuses also include the following updates:

1. The Our Sustainability Approach section in the general part of the prospectus for SEB Fund 5 has been updated. These changes are not material and have been introduced to enhance transparency by clarifying how the Company assesses potential sustainability risks and their expected impact on the sub-funds’ performance, as well as how active ownership is exercised.
2. The legal name of SEB Investment Management AB was changed to SEB Funds AB on 14 March 2025, and this is now reflected in the prospectuses.

How you as an investor are affected

These updates are not expected to have any material impact on your investment. The sub-funds’ strategies and objectives remain unchanged, and no fee adjustments will be made.