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SEB Credit Opportunity III

The issue document and management regulations of SEB Credit Opportunity III have been updated to meet alternative investement management requirements.

The board of directors of the Fund’s management company SEB Asset Management S.A. (the “Management Company”) would like to inform you that the issue document and management regulations of the Fund have been updated in order for the Fund to qualify as Alternative Investment Fund under the Luxembourg law of 12 July 2013 on alternative investment fund managers.

In this context, SEB Asset Management S.A. has been designated as the Fund’s alternative investment fund manager (“AIFM”).

In this update, the provisions on US persons have been further clarified and a wording in relation to the US Foreign Account Tax Compliance Act (”FATCA”) has been added to the prospectus.  Furthermore, some general sections have been further clarified in the issue document.

Unitholders do not need to take any action in relation to the changes described here. Updated
documentation will be available upon request on the Management Company’s website, www.sebgroup.lu, and at its registered office.

SEB Asset Management S.A.