Circular CSSF 25/871 — Update of Circular CSSF 15/627

COMMISSION de SURVEILLANCE du SECTEUR FINANCIER Circular CSSF 25/871 Update of Circular CSSF 15/627

CIRCULAR CSSF 25/871 2/2 Circular CSSF 25/871 Update of Circular CSSF 15/627 To all Luxembourg undertakings for collective investment (UCITS, Part II UCIs, SIFs, SICARs) Luxembourg, 7 February 2025 Ladies and Gentlemen, This circular amends Circular CSSF 15/627 implementing a new monthly reporting to the CSSF – U 1.1 reporting. The annex of Circular CSSF 15/627 is now published separately from the circular on the CSSF website. The amendments to Circular CSSF 15/627 are shown in “track changes” hereafter. Claude WAMPACH Director Marco ZWICK Director Jean-Pierre FABER Director Françoise KAUTHEN Director Claude MARX Director General Annex Circular CSSF 15/627 as amended by Circular CSSF 25/871

COMMISSION de SURVEILLANCE du SECTEUR FINANCIER Luxembourg, 3 December 2015 To all Luxembourg undertakings for collective investment (UCITS, Part II UCIs, SIFs, SICARs) CIRCULAR CSSF 15/627 as amended by Circular CSSF 25/871 Re: New monthly reporting to the CSSF - U 1.1 reporting Ladies and Gentlemen, The purpose of the present circular is to implement a new monthly reporting (hereafter “U 1.1 reporting”) in the regulatory framework applicable to Luxembourg domiciled undertakings for collective investment subject to the law of 17 December 2010 (“UCI law”), specialised investment funds (SIFs) subject to the law of 13 February 2007 (“SIF law”) and investment companies in risk capital (“SICARs”) subject to the law of 15 June 2004 (“SICAR law”). The monthly information that has to be submitted to the CSSF by the UCITS, UCIs subject to part II of the UCI law, SIFs and SICARs (hereafter “UCIs”) in accordance with Article 147 of the UCI law, Article 58 of the SIF law and Article 32 of the SICAR law will be used by the CSSF for statistical and supervisory purposes. The U 1.1 reporting is largely based on the monthly financial information (“table O 1.1”) that is currently submitted to the CSSF in accordance with LMI Circular 97/136 “Financial information for the LMI and STATEC” and CSSF Circular 07/310 “Financial information to be provided by specialised investment funds (“SIF”)”, as amended by CSSF Circular 08/348. The aim of the present circular is mainly to extend the scope of the existing monthly reporting to SICARs, to enhance the content of the reporting in terms of financial, functional and descriptive information and to change the format to Extensible Markup Language (XML).

1. Overview of the main changes to the monthly reporting 1.1. Scope In addition to the reporting requirements laid down in CSSF Circular 08/376, SICARs are required to submit the U 1.1 reporting as set forth in this circular.

Circular CSSF 15/627 page 2/6 1.2. Financial data enhancement The monthly information required to be drawn up in accordance with this circular includes the same data as currently required by LMI Circular 97/136 and CSSF Circular 07/310, as amended by CSSF Circular 08/348, supplemented with information on the results of operations and on each unit / share class. For more information please refer to sections 5 and 6 of the appendix Annex to this circular, which is published on the CSSF website and kept up-to-date. 1.3. Status of information provided This circular introduces the concept of “reporting status” whereby the UCI has to choose one of the following options: “final”, “provisional” or “null report”. The reporting obligation for each UCI1 starts as from its date of authorisation. In other words, a UCI that is authorised by the CSSF on a certain date during a month has to submit the U 1.1 reporting for the very first time for this reference month. 1.4. Functional information in order to facilitate the exchange of information between the UCIs and the CSSF The U 1.1 reporting collects information on the launch and closing dates of the UCI and its units/share classes in order to serve as a supplementary communication channel between UCIs and the CSSF. 1.5. Format of the U 1.1 reporting The XSD and a “technical guidance” document relating to the U 1.1 reporting can be viewed or downloaded on the CSSF website under the following URL: Periodic and non-periodic transmission of information by UCIs – CSSF. 2. Key principles and instructions for the U 1.1 reporting The information in this section aims to provide UCIs with the key principles and instructions for drawing up and submitting the U 1.1 reporting. Content of the U 1.1 reporting: A comprehensive description (“guidelines on the U 1.1 reporting”) of all the information to be provided according to the items listed in the appendix can be found on the CSSF website under the following URL: Periodic and non-periodic transmission of information by UCIs – CSSF. Submission of the reporting files to the CSSF: The CSSF requires that the reporting files are submitted electronically using exclusively one of the channels accepted by the CSSF. More detailed information on the submission of the U 1.1 reporting via the channels can also be found under the following URL: Periodic and non-periodic transmission of information by UCIs – CSSF. Reference date: In principle, the last day of every month shall be considered as the reference date for drawing up the U 1.1 reporting to be communicated by UCIs. 1 In the remainder of this circular the term “UCI” will be used both for an entity in the case of a non-umbrella UCI and for each sub-fund in the case of an umbrella UCI.

Circular CSSF 15/627 page 3/6 Reporting deadline: UCIs shall submit the U 1.1 reporting to the CSSF within 10 calendar days after month-end. Umbrella UCIs: The U 1.1 reporting shall be drawn up separately for each sub-fund. No consolidation is required at entity level. Reporting currency: The U 1.1 reporting shall state the currency in which the financial figures are expressed. That currency shall be the same as the one disclosed in the constitutive documents and the offering document of the UCI. Period covered: The reporting period covers one month from the last report submitted at the reference date. 3. Transitional, repealing and final provisions All UCIs shall provide the U 1.1 reporting for the first time as at 30 June 2016. The requirement to provide the monthly financial information pursuant to LMI Circular 97/136 and CSSF Circular 07/310 (monthly table "O1.1."), as amended by CSSF Circular 08/348, is repealed as from the U 1.1 reporting due for the reference month of June 2016. This circular enters into force with immediate effect. For any question regarding this circular please refer to the Guidelines on the U 1.1 reporting available on the CSSF website under the following URL: Periodic and non-periodic transmission of information by UCIs – CSSF. Yours faithfully, COMMISSION de SURVEILLANCE du SECTEUR FINANCIER Claude SIMON Simone DELCOURT Jean GUILL Directeur général Claude WAMPACH Director Marco ZWICK Director Jean-Pierre FABER Director

Circular CSSF 15/627 page 4/6 Françoise KAUTHEN Director Claude MARX Director General Appendix

Circular CSSF 15/627 page 5/6 Appendix U 1.1 reporting Item number Item

1. General information on the report and the sender 1010 Reference month 1020 Reporting status 1030 CSSF code of the sender 1040 Name of the employee and phone number 1050 Email address
2. General information on the UCI 2010 CSSF code of the UCI (CSSF code of the entity and CSSF code of the sub-fund) 2020 Name of the UCI (name of the entity and name of the sub-fund) 2030 Base currency of the UCI 2040 Legal Entity Identifier (LEI) 2050 Valuation date 2060 Net asset value calculation frequency 2070 Launch date 2080 Closing date 2090 Reason for closing
3. Financial information on the UCI in the base currency of the UCI 3010 Total net asset value of the preceding reference month 3020 Total net asset value of the reference month 3030 Proceeds from all units/shares issued during the reference month 3040 Payments made for all units/shares redeemed during the reference month 3050 Total distributions made during the reference month
4. General information on the unit/share class (to be filled in separately for each unit/share class) 4010 CSSF code of the unit/share class 4020 Name of the unit/share class 4030 Base currency of the unit/share class 4040 ISIN code of the unit/share class 4050 Launch date of the unit/share class 4060 Closing date of the unit/share class 4070 Reason for closing of the unit/share class 4080 Unit/share class with specific instruments – FX 4090 Unit/share class with specific instruments – Interest Rate 4100 Unit/share class with specific instruments – Other
5. Financial information on the unit/share class for the reference month (to be filled in separately for each unit/share class) 5010 Number of units/shares outstanding 5020 Net asset value per unit/share in the base currency of the UCI

Circular CSSF 15/627 page 6/6 5030 Net asset value per unit/share in the base currency of the unit/share class 5040 Net return per unit/share in the base currency of the unit/share class 5050 Proceeds from units/shares issued in the base currency of the UCI 5060 Payments made for units/shares redeemed in the base currency of the UCI 5070 Total distributions made in the base currency of the UCI 5080 Amount of distributions made per unit/share in the base currency of the UCI 5090 Amount of distributions made per unit/share in the base currency of the unit/share class 6. Information on investment income and expenses for the reference month in the base currency of the UCI 6010 Dividends on shares 6011 - of which from Luxembourg 6020 Dividends on UCI units/shares 6021 - of which from Luxembourg 6030 Interest on bonds and other debt securities 6031 - of which from Luxembourg 6040 Bank interest 6041 - of which from Luxembourg 6050 Other income 6060 Charges 6070 Performance fees 6080 Other expenses 6090 Net realised profit or loss on investments and foreign exchange positions 6100 Net unrealised profit or loss on investments and foreign exchange positions