# Year 1 / quarter 1
| Hurdle rate (per quarter): 1.50 % | CHF 100.00 x 1.50 % | CHF | 1.50 |
| --- | --- | --- | --- |
| Net asset value at the start of the quarter |  | CHF | 100.00 |
| Net asset value at the end of the quarter |  | CHF | 103.00 |
| Value 1 | CHF 100.00 + CHF 1.50 | CHF | 101.50 |
| Condition | CHF 103.00 > CHF 101.50 | fulfilled |  |
| Outperformance relative to figure 1 | CHF 103.00 – CHF 101.50 | CHF | 1.50 |
| Performance fee per unit | CHF 1.50 x 15 % | CHF | 0.225 |
| Year 1 / quarter 2 |  |  |  |
| Hurdle rate (per quarter): 1.00 % | CHF 103.00 x 1.00 % | CHF | 1.03 |
| Net asset value at the start of the quarter |  | CHF | 103.00 |
| Net asset value at the end of the quarter |  | CHF | 101.00 |
| Value 1 | CHF 103.00 + CHF 1.03 | CHF | 104.03 |
| Condition | CHF 101.00 < CHF 104.03 | not fulfilled |
| Outperformance relative to value 1 Performance fee per unit |  | CHF	0.00 CHF	0.00 |
| Year 1 / quarter 3 |  |  |
| Hurdle rate (per quarter): 1.00 % Net asset value at the start of the quarter Net asset value at the end of the quarter | CHF 103.00 x (1.01 x 1.01 – 1) | CHF	2.0703 CHF	101.00 CHF	106.00 |
| Value 1 | CHF 103.00 + CHF 2.0703 | CHF  105.0703 |
| Condition | CHF 106.00 > CHF 105.0703 | fulfilled |
| Outperformance relative to figure 1 | CHF 106.00 – CHF 105.0703 | CHF	0.9297 |
| Performance fee per unit | CHF 0.9297 x 15 % | CHF	0.1395 |

| Year 1 / quarter 4 |  |  |  |
| --- | --- | --- | --- |
| Hurdle rate (per quarter): 1.00 % | CHF 106.00 x 1.00 % | CHF | 1.06 |
| Net asset value at the start of the quarter |  | CHF | 106.00 |
| Net asset value at the end of the quarter |  | CHF | 107.00 |
| Value 1 | CHF 106.00 + CHF 1.06 | CHF | 107.06 |

Condition	CHF 107.00 < CHF 107.06	not fulfilled
| Outperformance relative to value 1 | CHF | 0.00 |
| --- | --- | --- |
| Performance fee per unit | CHF | 0.00 |

The Management Company:
LLB Fund Services Aktiengesellschaft, Vaduz
The Custodian:
Liechtensteinische Landesbank Aktiengesellschaft, Vaduz

Translation (ENDE, 2022-05-01):
# Jahr 1 / Quartal 1
| Hurdle Rate (pro Quartal): 1.50 % | CHF 100.00 x 1.50 % | CHF | 1.50 |
| --- | --- | --- | --- |
| Nettoinventarwert Quartalsbeginn |  | CHF | 100.00 |
| Nettoinventarwert Quartalsende |  | CHF | 103.00 |
| Wert 1 | CHF 100.00 + CHF 1.50 | CHF | 101.50 |
| Bedingung | CHF 103.00 > CHF 101.50 | erfüllt |  |
| Outperformance gegenüber Wert 1 | CHF 103.00 – CHF 101.50 | CHF | 1.50 |
| Erfolgshonorar pro Anteil | CHF 1.50 x 15 % | CHF | 0.225 |
| Jahr 1 / Quartal 2 |  |  |  |
| Hurdle Rate (pro Quartal): 1.00 % | CHF 103.00 x 1.00 % | CHF | 1.03 |
| Nettoinventarwert Quartalsbeginn |  | CHF | 103.00 |
| Nettoinventarwert Quartalsende |  | CHF | 101.00 |
| Wert 1 | CHF 103.00 + CHF 1.03 | CHF | 104.03 |
| Bedingung | CHF 101.00 < CHF 104.03 | nicht erfüllt |
| Outperformance gegenüber Wert 1 Erfolgshonorar pro Anteil |  | CHF	0.00 CHF	0.00 |
| Jahr 1 / Quartal 3 |  |  |
| Hurdle Rate (pro Quartal): 1.00 % Nettoinventarwert Quartalsbeginn Nettoinventarwert Quartalsende | CHF 103.00 x (1.01 x 1.01 – 1) | CHF	2.0703 CHF	101.00 CHF	106.00 |
| Wert 1 | CHF 103.00 + CHF 2.0703 | CHF  105.0703 |
| Bedingung | CHF 106.00 > CHF 105.0703 | erfüllt |
| Outperformance gegenüber Wert 1 | CHF 106.00 – CHF 105.0703 | CHF	0.9297 |
| Erfolgshonorar pro Anteil | CHF 0.9297 x 15 % | CHF	0.1395 |

| Jahr 1 / Quartal 4 |  |  |  |
| --- | --- | --- | --- |
| Hurdle Rate (pro Quartal): 1.00 % | CHF 106.00 x 1.00 % | CHF | 1.06 |
| Nettoinventarwert Quartalsbeginn |  | CHF | 106.00 |
| Nettoinventarwert Quartalsende |  | CHF | 107.00 |
| Wert 1 | CHF 106.00 + CHF 1.06 | CHF | 107.06 |

Bedingung	CHF 107.00 < CHF 107.06	nicht erfüllt
| Outperformance gegenüber Wert 1 | CHF | 0.00 |
| --- | --- | --- |
| Erfolgshonorar pro Anteil | CHF | 0.00 |

Die Verwaltungsgesellschaft:
LLB Fund Services Aktiengesellschaft, Vaduz
Die Verwahrstelle:
Liechtensteinische Landesbank Aktiengesellschaft, Vaduz