KBC Equity Fund We Shape Responsible Investing aims to generate a return by investing primarily in shares of companies that are shaping the society of the future through their products and services, such as: Automation and robotisation; Solutions for energy transition and storage; Infrastructure and installations for transport and freight vehicles; Facilities needed in a circular economy; Water purification, soil decontamination and air quality improvement; Machines and installations for more efficient agriculture and forestry; Industrial plants and machines; Building materials and construction activities; Materials; Logistical solutions; Credit facilities and financial services to companies and governments etc.  A current overview can be found at www.kbc.be/thematic-funds.

The fund pursues responsible investing objectives based on a dualistic approach: a negative screening and a positive selection methodology. The negative screening entails that the fund may not invest in assets of companies that are excluded based on exclusion criteria (including tobacco, gambling activities and weapons). More information on the exclusion policy can be found at www.kbc.be/investment-legal-documents > Exclusion policy for Responsible Investing funds.

The positive selection methodology is a combination of portfolio targets and supporting sustainable development. Portfolio targets are based on a reduction in greenhouse gas intensity and an improvement in ESG characteristics versus its benchmark. Sustainable development is supported by investing in companies contributing to the achievement of the UN Sustainable Development Goals. More information on the positive selection methodology and the concrete goals of the fund can be found at www.kbc.be/investment-legal-documents > Investment policy for Responsible Investing funds and in the annex to the prospectus for this fund. KBC Equity Fund We Shape Responsible Investing is actively managed with reference to the following benchmark: 20% MSCI All Countries World Materials – Net Return Index, 55% MSCI All Countries World Industrials – Net Return Index, 25% MSCI All Countries World Financials – Net Return Index (www.MSCI.com). However, is not the aim of the fund to replicate the benchmark.