I.
 
The investment company Erste Asset Management GmbH decided on 31 July 2023 about its intention to dissolve the mutual fund FOND ŘÍZENÝCH VÝNOSŮ - open-ended mutual fund by merging it with the receiving mutual fund SPOROINVEST- open-ended mutual fund (hereinafter referred to the “Merger”).
 
Under a submitted Merger project, on 5 October 2023 the Czech National Bank granted permission for the Merger which became final on 11 October 2023.
 
II.
 
Erste Asset Management Česká republika (EAM) decided in connection with said Merger to suspend the issue and redemption of the share certificates of both funds participating in the Merger in the scope below.
 
The reason for the suspension is to create the essential technical time limits for steps involving the takeover of the equity of the merged fund by the receiving fund and for the flawless exchange of the share certificates of the merged fund for the share certificates of the receiving fund.
 
III.
 
The issue and redemption of the share certificates of the investment fund FOND ŘÍZENÝCH VÝNOSŮ - open-ended mutual fund is being suspended as of the start of 15 November 2023 at 0:00 to its dissolution on 23 November 2023.
 
Instructions for the issue and redemption of the share certificates of the investment fund FOND ŘÍZENÝCH VÝNOSŮ received from 15 November 2023 to its winding up will be settled in accordance with the Merger project to the benefit of the receiving fund SPOROINVEST.
 
The issue and redemption of the share certificates of the investment fund SPOROINVEST - open-ended mutual fund will be suspended from the start of 22 November 2023 at 0:00 to the end of the decisive day of the merger on 23 November 2023 at 24:00. In the event that all the preparatory steps of the Merger are completed on 22 November 2023, the issue and redemption of the share certificates will already be renewed at the start of 23 November 2023 at 0:00. Clients will be informed of the renewal of the issue and redemption of share certificates on the investment company’s website.
 
IV.
 
The suspension will not apply to share certificates whose issue and redemption was requested before the moment of suspension.
 
The current value of share certificates will not be calculated for the period of the suspension.
 
The procedure after the renewal of the issue and redemption of share certificates will be according to Section 139 (1) (a) 2 of Act 240/2013 Coll. as amended, i.e. without undue delay, after the date of renewal of the issue and redemption of share certificates, the issue and redemption of all share certificates will be ensured whose issue or redemption was requested after the suspension date and whose consideration for redemption or issue of share certificates was not paid for the amount which is equal to the first current value intended for the date of renewal of the issue or redemption of the share certificates of the fund SPOROINVEST under Article III of this notice.
 
You can find the reasons for the Merger of the mutual funds and information about the related rights of the unitholders in the published announcement of the Merger at
https://www.erste-am.cz/cs/privatni-investori/novinky/tiskove_zpravy/2023/10/12/sd_leni-o-slou_eni-podle-s-404-zakona---240-2013-sb-
 
If you have any questions feel free to contact us or an investment specialist of Česká spořitelna a.s.
 
 
 
Prague, 3 November 2023