Amendment to the Mutual Fund Project of 3 Funds under Management

22 June 2026
Krungsri Asset Management Company Limited (“the Management Company”) has been the manager of Krungsri China A Shares Equity Fund (KF-ACHINA), Krungsri China A Shares Equity RMF (KF-ACHINARMF) and Krungsri China A Shares Equity SSF (KF-ACHINASSF) (“the Funds”), which have the policy to invest in UBS (Lux) Investment SICAV - China A Opportunity (USD) (Class P - acc) (“the Master Fund”) since inception.

 The Management Company has pursued the monitoring and evaluation of the performance of the Master Fund for a certain period of time and found that the Master Fund did not generate satisfactory investment returns compared to other funds. By virtue of Clause 2. of the Mutual Fund Project regarding “Details of the Investment Policy and the Special Characteristics of the Funds” the Management Company reserves the right to change the Master Fund to any other foreign fund, which may or may not be the fund under management of the existing foreign fund management company in case that investing in the current Master Fund is no longer appropriate.

 Accordingly, to ensure the best interests of the investors, the Management Company proceeds to amend the mutual fund project and an approval has been granted by the Office of the Securities and Exchange Commission (“the SEC Office”). The Master Fund of the Fund will be changed to Goldman Sachs China A-Share Equity Portfolio (Class I Shares (Acc.)), a foreign fund with similar investment policy and objective, which has been established since 30 September 2009. The new Master Fund is managed by Goldman Sachs Asset Management Fund Services Limited and incorporated in Ireland with USD 1,444 Million worth of assets under management as of 31 May 2026. The important amendments to the mutual fund project are summarized in the table below.

Summary of the major amendments to the mutual fund project pursuant to changes of investment in the Master Fund *
Old Change to
1. Name of Master Fund
UBS (Lux) Investment SICAV - China A Opportunity (USD) (Class P - acc) Goldman Sachs China A-Share Equity Portfolio (Class I Shares (Acc.))
2. Name of Management Company
UBS Asset Management (Europe) S.A. Goldman Sachs Asset Management Fund    Services Limited
3. Investment Objective and Policy of Master Fund
The investment objective of the sub-fund is to achieve high capital gains and a reasonable return, while giving due consideration to capital security and to the liquidity of assets.
The actively managed sub-fund will invest at least 70% of its total net assets in equities and other equity interests in companies which are domiciled in or are chiefly active in the PRC and/or part of the benchmark MSCI China A Onshore. The majority of net assets are invested in Chinese A-shares. Chinese A-shares are Renminbi-denominated shares of companies domiciled in mainland China (further referred to as "A-shares"); these A-shares are traded on Chinese stock exchanges such as the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
The investment objective of the Fund is to achieve long term capital appreciation through investment in companies established or operating in the PRC.
The Fund will, under normal circumstances, invest at least two thirds of its net assets in China A-Shares listed on the Shanghai Stock Exchange and Shenzhen Stock Exchange directly (e.g., through Stock Connect) or through the QFI program or indirectly (e.g., through investment in participation notes (“P-Notes”), warrants, options linked to China A Shares or portfolios of China A shares, which aim to synthetically replicate the economic benefit of the relevant China A Shares or portfolios of China A shares, or Permitted Funds investing in China A-Shares)
……………...............................……….
Remark: *For further details, please refer to the latest version of the Prospectus for the Fund, updated as of the effective date of the amendments.

In addition, the change of investment in the Master Fund has resulted in shortening the payment period of redemption proceeds from 5 working days after the execution day excluding relevant Master Fund's holidays (T+5) previously to 4 working days after the execution day excluding relevant Master Fund's holidays (T+4).

The amendment to the mutual fund project of the Funds as mentioned above shall be effective from 8 July 2026 onwards.

Should you require any further information, please contact your account manager or our Client Service at 02-657-5757 press 7 for English and press 2 or via email at krungsriasset.clientservice@krungsri.com.

Please be informed accordingly.
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