##### Distribution Policy (continued)
Frequency of Distributions
Under normal circumstances, the Directors intend that dividends in respect of:
- each of the (Weekly) Distributing Classes in all Portfolios shall be declared and paid on or prior to the last business day of each week;
- each of the (Monthly) Distributing Classes in all Portfolios shall be declared on or prior to the last business day of each month and paid within three business days thereafter;
- each of the (CG) Distributing Classes in all Portfolios shall be declared on a semi-annual basis and paid within thirty business days;
- each of the other Distributing Classes of the Neuberger Berman China Equity Fund and the Neuberger Berman China A-Share Equity Fund shall be declared on or prior to the last business day of each month and paid within three business days;
- each of the other Distributing Classes of the Neuberger Berman China Bond Fund, the Neuberger Berman Global Thematic Equity Fund, the Neuberger Berman Ultra Short Term Euro Bond Fund, the Neuberger Berman Euro Opportunistic Bond Fund and the Neuberger Berman Euro Bond Absolute Return Fund shall be declared on a quarterly basis and paid within thirty business days in relation to the Net Income of such Distributing Classes for the previous quarter;
- each of the other Distributing Classes of the Neuberger Berman High Yield Bond Fund, the Neuberger Berman US Real Estate Securities Fund, the Neuberger Berman Short Duration High Yield Bond Fund, the Neuberger Berman Global Bond Fund, the Neuberger Berman Emerging Market Debt- Local Currency Fund, the Neuberger Berman Emerging Market Debt - Hard Currency Fund, the Neuberger Berman Emerging Market Corporate Debt Fund, the Neuberger Berman Strategic Income Fund, the Neuberger Berman Short Duration Emerging Market Debt Fund, the Neuberger Berman Emerging Market Debt Blend Fund, the Neuberger Berman European High Yield Bond Fund, the Neuberger Berman Global Real Estate Securities Fund, the Neuberger Berman Corporate Hybrid Bond Fund, the Neuberger Berman Global High Yield Bond Fund, the Neuberger Berman Global Opportunistic Bond Fund, the Neuberger Berman Multi-Asset Income Fund, the Neuberger Berman US Equity Index Putwrite Fund, the Neuberger Berman Global Equity Index Putwrite Fund, the Neuberger Berman Emerging Market Debt Sustainable Investment Grade Blend Fund, the Neuberger Berman CLO Income Fund, the Neuberger Berman Global High Yield Sustainable Action Fund, the Neuberger Berman Global Flexible Credit Fund, the Neuberger Berman Global Diversified Income FMP – 2024, the Neuberger Berman Global Real Estate Securities Fund and the Neuberger Berman European Sustainable Equity Fund shall be declared on a quarterly basis and paid within thirty business days;
- each of the other Distributing Classes of the Neuberger Berman Absolute Return Multi Strategy Fund and the Neuberger Berman US Long Short Equity Fund shall be declared on a semi-annual basis and paid within thirty business days;
- each of the other Distributing Classes of the Neuberger Berman US Multi Cap Opportunities Fund, the Neuberger Berman US Small Cap Fund, the Neuberger Berman US Small Cap Intrinsic Value Fund, the Neuberger Berman US Equity Fund and the Neuberger Berman Uncorrelated Strategies Fund shall be declared on an annual basis and paid within thirty business days;
- each of the other Distributing Classes of all other Portfolios shall be declared on an annual basis and paid within thirty business days in relation to the Net Income of the Distributing Classes for the calendar year ended the previous 31 December;
- each of the (Monthly) Gross Income Distributing Classes in the Portfolios shall be declared on or prior to the last business day of each month and paid within three business days; and
- each of the other (Gross) Income Distributing Classes in the Portfolios shall be declared on a quarterly basis and paid within thirty business days.

Translation (ENIT, 2021-06-30):
#### Politica di distribuzione (continua)
Frequenza delle Distribuzioni
In normali circostanze, gli Amministratori prevedono che i dividendi relativi a:
- ogni Classe di Distribuzione (settimanale) in tutti i Portafogli, saranno dichiarati e pagati non oltre l’ultimo giorno lavorativo di ogni settimana;
- ogni Classe di Distribuzione (mensile) di tutti i Portafogli, saranno dichiarati entro e non oltre l’ultimo giorno lavorativo di ogni mese e pagati entro i tre giorni lavorativi successivi;
- ogni Classe di Distribuzione (CG) di tutti i Portafogli, saranno dichiarati a cadenza semestrale e pagati entro i trenta giorni lavorativi successivi;
- tutte le altre Classi di Distribuzione di Neuberger Berman China Equity Fund e Neuberger Berman China A-Share Equity Fund saranno dichiarate entro e non oltre l’ultimo giorno lavorativo di ogni mese e pagate entro tre giorni lavorativi;
- tutte le altre Classi di Distribuzione di Neuberger Berman China Bond Fund, Neuberger Berman Global Thematic Equity Fund, Neuberger Berman Ultra Short Term Euro Bond Fund, Neuberger Berman Euro Opportunistic Bond Fund e Neuberger Berman Euro Bond Absolute Return Fund saranno dichiarate a cadenza trimestrale e pagate entro trenta giorni lavorativi relativamente ai Proventi Netti di tali Classi di Distribuzione maturati il trimestre precedente;
- tutte le altre Classi di Distribuzione di Neuberger Berman High Yield Bond Fund, Neuberger Berman US Real Estate Securities Fund, Neuberger Berman Short Duration High Yield Bond Fund, Neuberger Berman Global Bond Fund, Neuberger Berman Emerging Market Debt - Local Currency Fund, Neuberger Berman Emerging Market Debt - Hard Currency Fund, Neuberger Berman Emerging Market Corporate Debt Fund, Neuberger Berman Strategic Income Fund, Neuberger Berman Short Duration Emerging Market Debt Fund, Neuberger Berman Emerging Market Debt Blend Fund, Neuberger Berman European High Yield Bond Fund, Neuberger Berman Global Real Estate Securities Fund, Neuberger Berman Corporate Hybrid Bond Fund, Neuberger Berman Global High Yield Bond Fund, Neuberger Berman Global Opportunistic Bond Fund, Neuberger Berman Multi- Asset Income Fund, Neuberger Berman US Equity Index Putwrite Fund, Neuberger Berman Global Equity Index Putwrite Fund, Neuberger Berman Emerging Market Debt Sustainable Investment Grade Blend Fund, Neuberger Berman CLO Income Fund, Neuberger Berman Global High Yield Sustainable Action Fund, Neuberger Berman Global Flexible Credit Fund, Neuberger Berman Global Diversified Income FMP – 2024, Neuberger Berman Global Real Estate Securities Fund e Neuberger Berman European Sustainable Equity Fund saranno dichiarate a cadenza trimestrale e pagate entro trenta giorni lavorativi;
- ogni altra Classe di Distribuzione di Neuberger Berman Absolute Return Multi Strategy Fund e Neuberger Berman US Long Short Equity Fund, saranno dichiarati a cadenza semestrale e pagati entro trenta giorni lavorativi;
- ogni altra Classe di Distribuzione di Neuberger Berman US Multi Cap Opportunities Fund, Neuberger Berman US Small Cap Fund, Neuberger Berman US Small Cap Intrinsic Value Fund, Neuberger Berman US Equity Fund e Neuberger Berman Uncorrelated Strategies Fund, saranno dichiarati a cadenza trimestrale e pagati entro trenta Giorni Lavorativi relativamente ai Proventi Netti di tali Classi di Distribuzione maturati il trimestre precedente;
- tutte le altre Classi di Distribuzione di tutti gli altri Portafogli saranno dichiarate a cadenza annuale e pagate entro trenta giorni lavorativi in relazione ai Proventi Netti delle Classi di Distribuzione per l’anno solare chiuso al 31 dicembre precedente.
- i redditi lordi (mensili) di ogni Classe di Distribuzione dei Portafogli saranno dichiarati entro e non oltre l’ultimo giorno lavorativo di ogni mese e pagati entro tre giorni lavorativi; e
- i redditi (lordi) di ogni altra Classe di Distribuzione dei Portafogli saranno dichiarati a cadenza trimestrale e pagati entro trenta giorni lavorativi.