Sustainability

Sustainability Risk Disclosure — SFDR Article 3

CIBRA Capital Ltd pursues a merger arbitrage and event-driven investment strategy. It does not pursue an ESG-focused strategy or a sustainable investment objective.

Environmental, social and governance risks are considered during routine investment due diligence where they could materially affect an investment’s value or the expected outcome of a transaction. Relevant considerations include corporate governance concerns, environmental liabilities and potential litigation or regulatory issues that could affect transaction completion, timing or downside risk. These factors inform the Firm’s overall investment assessment alongside other financial, commercial and legal considerations.

The Firm also applies sanctions restrictions and ethical exclusions through its Restricted List procedures.

The CIBRA Event Driven Fund is classified under Article 6 of SFDR. It does not promote environmental or social characteristics within Article 8 or have a sustainable investment objective within Article 9.

Remuneration Policy — Sustainability Risk Alignment — SFDR Article 5

CIBRA Capital Ltd’s remuneration arrangements are consistent with its approach to sustainability risks under its ESG & Responsible Investment Policy. They promote sound and effective risk management and do not encourage excessive risk-taking, including in relation to sustainability risks.

Variable remuneration, where applicable, reflects the overall performance of the Firm and the individual, taking into account adherence to the Firm’s risk management framework, compliance policies and standards of conduct. This includes the consideration of sustainability risks where relevant to investment decisions.

The Firm’s governing body oversees the remuneration policy and reviews it at least annually.