Information on Sustainability

Regulation (EU) 2019/2088 ("Disclosure Regulation") forms the basis for the provision of the following information. This Regulation establishes harmonized rules on transparency with regard to the inclusion of sustainability risks, the consideration of adverse sustainability impacts, if any, and the provision of information on the sustainability of financial products. We, Onsight Ventures Management GmbH ("OVM"), endeavor to provide you with the information to be disclosed below in a clear and comprehensible manner. However, should you have any questions, please do not hesitate to contact us.

Our strategy for incorporating sustainability risks

Sustainability risks within the meaning of the Disclosure Regulation are events or conditions in the environmental, social or governance areas whose occurrence could have an actual or potential material adverse effect on the value of the investment. Our strategy for including sustainability risks is, on the one hand, that we do not make any investments in companies that we know engage in any of the following business activities: tobacco, distilled alcohol, weapons and ammunition, casinos and similar businesses, specific electronic data programs or solutions relating to the aforementioned activities or pornography; however, we do not explicitly exclude investments in companies that themselves have a business relationship or other economic relationship with companies that engage in one or more of the aforementioned business activities (such as the so-called "supplier companies"). On the other hand, our strategy for including sustainability risks is that we do not want to subject ourselves to any further restrictions in the interests of our investors, which is why we generally reserve the right either to refrain from investing or to invest despite the existence of sustainability risks, even if they are significant. We assess the expected impact of sustainability risks on the return of the alternative investment fund ("AIF") managed by us as balanced insofar as we believe that these risks can have both a positive and a negative impact

Our approach to adverse impacts on sustainability factors

In accordance with Article 4 of the Disclosure Regulation, we have decided not to consider adverse impacts of investment decisions on sustainability factors (social and employee matters, respect for human rights and the fight against corruption and bribery) as part of our activities as an alternative investment fund manager ("AIFM") (so-called "opt-out"). The clear reasons for this are that a possible "opt-in", i.e. the decision to take into account adverse effects of investment decisions on sustainability factors, would be accompanied by additional legal requirements and additional administrative effort that are not justified given the nature, size and business orientation of our company, and that there is still too little clarity and quality of content given the currently prevailing data and information situation (in particular company, regulator).

Notwithstanding this, the issue of sustainability and the sustainability factors mentioned are of course very important to us, which is why we take into account certain aspects that we consider to be material as part of our strategy for incorporating sustainability risks, as is generally the case in our activities as an AIFM; in particular, we do not invest in companies that we know are involved in any of the following business activities: tobacco, distilled alcohol, weapons and ammunition, casinos and similar businesses, specific electronic data programs or solutions relating to the above-mentioned activities or pornography.

Extract from our remuneration policy

We have a remuneration policy that aims, among other things, to prevent conflicts of interest in connection with the remuneration of our employees as far as possible. However, our remuneration policy is also in line with the concept of sustainability: it does not contain any regulations that are not in line with our approach to sustainability and, in particular, with our strategy for incorporating sustainability risks.

The following is an excerpt from our remuneration policy in this regard: "The remuneration policy is in line with the inclusion of sustainability risks and, in particular, our strategy in this regard, especially since - from an ex ante perspective - it does not contain any content that could have a negative impact in this regard."

Further important information

As OVM, we are not a member of any supranational or international bodies or organizations that would oblige us to comply with more far-reaching requirements.

The AIF managed by us does not invest a fixed percentage in portfolio companies that focus on environmental and/or social characteristics. The AIF does not constitute a fund within the meaning of Article 8 or Article 9 of the Disclosure Regulation and does not meet the requirements for a taxonomy-compliant fund within the meaning of Regulation (EU) 2020/852 ("Taxonomy Regulation"); the investments underlying this financial product do not take into account the EU criteria for environmentally sustainable economic activities.