¹Largest ELTIF / Market Leader in Germany: Scope ELTIF Study 2026, “Successful Mass Launch – Overview of the ELTIF Market 2025/2026,” as of December 31, 2025, published March 26, 2026, pages 2 and 9.

²Calculated using the BVI method (excluding initial charge, distribution reinvested immediately). Past performance is not indicative of future returns.

³The overall risk indicator helps you assess the risk associated with this product compared to other products. It shows how likely it is that you will lose money on this product because the markets move in a certain way or because we are unable to pay you out. We have classified this product as Risk Class 2 on a scale of 1 to 7, where 2 corresponds to a low risk class. The risk of potential losses from future performance is classified as low. Under unfavorable market conditions, the fund’s ability to pay you out is likely to be impaired. Investments in assets and companies in the infrastructure sector may involve specific risks (e.g., illiquid markets, construction and completion risks, or operational risks). This product offers no protection against future market performance, so you could lose all or part of the capital you have invested. If the fund is unable to pay you what you are owed, you could lose all of the capital you have invested.

⁴A Power Purchase Agreement, or PPA for short, is an often long-term electricity supply contract between two parties, usually between a power producer and a power purchaser.

⁵Scope Fund Analysis GmbH has assigned klimaVest a preliminary rating of (P) a+ (AIF) in the infrastructure funds category. This preliminary fund rating corresponds to a good rating. Source: https://www.scopeexplorer.com/news/scope-bestatigt-vorlaufiges-rating-des-klimavest-der-commerz-real-mit-p-aaif/111180, as of December 20, 2024. A rating, ranking, or award is not an indicator of future performance and is subject to change over time.

⁶ Forecast, Öko-Institut, Fraunhofer ISI (2021): “Trends in Gross Electricity Consumption Through 2030.” Retrieved August 31, 2024, from https://www.prognos.com/de/projekt/entwicklung-des-bruttostromverbrauches-bis-2030

⁷Federal Government (2024): “Questions and Answers on the Energy Transition.” Retrieved August 31, 2024, from https://www.bundesregierung.de/breg-de/schwerpunkte/klimaschutz/faq-energiewende-2067498

⁸Statements on “avoidance” or “measurability” of CO₂ emissions or similar statements regarding CO₂ and/or CO₂e (this refers to the CO₂ equivalent which, in addition to the greenhouse gas carbon dioxide (CO₂), also takes into account other greenhouse gases such as methane (CH₄), nitrous oxide (N₂O) or fluorocarbons (HFCs). For better legibility, however, the term CO₂ is used here) must always be read and understood in conjunction with the methodology explained at https://klimavest.de/messbar/. Measurable contribution means that klimaVest promotes electricity generation from renewable energies and thereby avoids CO₂ emissions that would have arisen in the generation of electricity from fossil energy sources. CO₂ avoidance is calculated on the basis of country-specific avoidance factors of the Technical Working Group of International Financial Institutions (IFI), based on the Combined Margin Approach of the United Nations Framework Convention on Climate Change (UNFCCC), taking into account sector-specific upstream CO₂ emission factors of the Federal Environment Agency. Avoidance factors will decrease in the future due to the expected increasing share of renewable electricity in the electricity mix. Statements on achieved or planned CO₂ avoidance are not a reliable indicator of actual future CO₂ avoidance. Objectives can be exceeded or fallen short of.

⁹The fund management company is Commerz Real Fund Management S.à r.l.

¹⁰The transaction, financing, maintenance and management costs of portfolio companies and investments in tangible assets are not taken into account here. Whenever fund management 
fees are incurred for the investments held, these are fully taken into account when calculating the total expense ratio. The ratio relates to the fund’s average net assets as per the information memorandum.

¹¹Includes estimated costs (excluding transaction, management, and maintenance costs, as well as financing and administrative costs for real asset investments and investment companies). This cost estimate does not meet the requirements for a regulatory cost disclosure under MiFID, which you will receive in a timely manner prior to order execution.

¹²The issue surcharge for purchasing klimaVest through the digital subscription channel is currently 4%. The standard issue surcharge ranges from 0% to 5% and varies by distribution partner.

¹³Calculated using the BVI method (excluding initial charge, distribution reinvested immediately). Past performance is not indicative of future returns. Target return statements are not indicative of future returns.