Notice to Shareholders for Global Investors – Ethica Balanced (the "Sub-Fund")

1. Investment Adviser for Global Investors – Ethica Balanced (the "Sub-Fund")

As already published on 15th May 2023 the Sub-fund Global Investors – Ethica Balanced has appointed Multiplus Finance SA as Investment Adviser. This appointment will effectively take in place as of 15th June 2023.

These changes will be reflected in the Prospectus to be dated 15th June 2023, a copy of which is available free of charge at the registered office of the Fund.

Yours sincerely,

The Board of Directors of the Global Investors,

Société d’Investissement à Capital Variable