SUB-FUND A (FINANCIAL PRODUCT) LEVEL SFDR WEB DISCLOSURESINVEN CAPITAL, SICAV, a.s. is a venture capital fund with its registered office at Pod křížkem 1773/2, 147
00, Prague, Czech Republic (the “Fund” or “Inven”). The Fund has four sub-funds as of 1.1.2023 (“Subfunds”) which are separate financial products. These disclosures are relevant to the sub-fund Inven Capital– Podfond A (“Sub-Fund A”) which was established as of 1.2.2018.
These disclosures are prepared according to the Regulation (EU) 2019/2088 of the European Parliamentand of the Council of 27 November 2019 on sustainability-related disclosures in the financial services
sector (“SFDR”) and the Delegated regulation (EU) 2022/1288 (“RTS”). The aim of these regulations is toprovide more transparency to investors on sustainability risk integration, on the consideration of adverse
sustainability impacts in the investment processes and on the promotion of environmental, social and/orgovernance (“ESG”) factors. It requires financial market participants to disclose specific ESG-related
information to investors on their websites.
Sustainability risks are environmental, social or governance events or conditions that, if they occur, could
cause an actual or a potential material negative impact on the value of the investments.
Inven ESG policy is a document describing how Inven considers ESG factors in its investment process andis available in the “Info for Investors” section of our website.

Sustainability related disclosures for financial products that promote environmental orsocial characteristics (Article 24 of the delegated regulation (EU) 2022/1288, i.e. RTS)
For financial products that promote environmental or social characteristics, financial market participants
shall publish the information referred to in Article 10(1) of Regulation (EU) 2019/2088 and Articles 25 to36 of the Delegated regulation (EU) 2022/1288.

1. Summary
Sub-Fund A is currently in its divestment phase and does not invest into new companies. During its
investment phase Sub-Fund A invested into later- stage climate tech start-ups with resilient businessmodels.
Sub-Fund A evaluates commitment of its portfolio companies towards ESG practices and considers
principal adverse sustainability impacts as defined in SFDR but performs also an ESG assessment which
includes the application of a proprietary ESG assessment tool for screening ESG risks (“ESG framework”).
Inven’s ESG framework is applicable throughout the whole investment process including sourcing
investment opportunities, pre-investment due diligence, portfolio management as well as exit processes.
Our methodology consists of 10 clusters portraying different topics the start-up should take into
considerations: general environment, carbon footprint, material management, supply chain, employees,
customers, community, diversity and inclusion, general governance, board of directors. Initially we
perform a screening of the start-up’s ESG readiness and collect ESG data (please refer to Inven ESG policy
for a list of collected KPIs) to analyze them and evaluate them using scores. Based on the results weformulate an ESG evaluation conclusion that we work with in the subsequent portfolio management.

We first present red flags and potential opportunities to the start-up leadership team and conduct an ESG
workshop for them. Later we perform annual assessment to detect progress in the risk and opportunity
areas that we have discussed.
The above methodology and KPIs are described in detail in the document Inven ESG policy document
available in the Info for Investors section of our website. Our ESG policy is regularly updated based onmarket and regulatory developments. To stay up to date we are partnering with leading global
communities such as VentureESG group, Global Impact Tech Alliance, Leaders for Climate Action andWorldfavor.

2. No sustainable investment objective
Sub-Fund A assesses environmental and social characteristics and has invested into companies with good
governance practices but does not have sustainable investment as its objective. Therefore, investments
underlying Sub-fund A do not take into account the EU criteria for environmentally sustainable economicactivities. We do not commit to invest into taxonomy aligned investments.
Sub-Fund A considers principal adverse sustainability impacts as defined in SFDR but performs also aninternal ESG assessment which includes the application of proprietary ESG assessment tools to assess ESG
risks and opportunities.

3. Environmental or social characteristics of the financial productWe are committed to investing in a responsible way by actively integrating environmental, social andgovernance considerations into our existing portfolio companies in accordance with Article 8 of SFDR.
Specifically, we aim at:a) supporting these companies with the process of defining their own ESG strategy and policy as wellas their implementation,b) ensuring that the companies in which the Sub-Fund A has invested ideally benefit investors,society and the environment.

4. Investment strategy
Sub-Fund A has been in the divestment phase since the 1st of January 2022. During its investment phase it
invested into later- stage start-ups in climate-tech sector with resilient and scalable business models.
We invested in companies in European Union, UK and Israel. We usually participated in Series A to Series
C financing rounds and acquired minority stakes in investee companies, ideally gaining a board
membership simultaneously.
During our investment process we eliminated companies involved in any excluded activities as defined in
Inven’s ESG policy. As part of our subsequent due diligence process, we performed anti-bribery and anticorruption due diligence (ABAC), financial, tax, legal, technical and HR due diligence. Later during the year
2022 we started to assess start-up’s commitment towards ESG goals and evaluate the start-up using ourESG framework consisting of ESG questionnaire and interviews.
We actively support our portfolio companies in the process of designing their ESG strategy and policies,
and setting meaningful ESG goals, which we monitor on regular basis.

5. Proportion of investments
Sub-Fund A only makes direct investments in portfolio companies, and hence does not invest in derivatives
or any other financial instruments.

6. Monitoring of environmental or social characteristics
Sub-Fund A performs a qualitative assessment of defined ESG KPIs on a regular basis (at least annually)
through data collection and interviews with the portfolio companies.

7. Methodologies
Sub-Fund A ESG assessment and management methodology was developed in cooperation with:a)b)

GITA: The Global Impact Tech AllianceVentureESG.

8. Data sources and processing
We collect data directly from our portfolio companies as they are not publicly available for start-up
companies. The data is collected through a Worldfavor platform and during subsequent interviews
performed by investment managers that use reasonable efforts to quality check the reported data.

9. Limitations to methodologies and data
Limitations to the methodologies and data referred to in the above sections include but are not limited toabsence of certain data as we invest in start-up companies that are often in process of building theirreporting systems and defining KPIs to collect, human error in the provision of data due to possible lack ofreporting applications. We expect the data quality and availability to continuously improve as the startups mature and implement more advanced reporting processes/systems.

10. Due diligence
As Sub-Fund A does not invest into new companies anymore, it does not perform due diligence.

11. Engagement policies
Inven’s investment managers actively engage with target/portfolio during the ownership period. Being aventure capital investor, the Sub-Fund A typically holds minority interests in portfolio companies andtherefore can have a limited influence on the decision making of the portfolio company.
When we hold a seat at the board of directors of a portfolio company, we also try to ensure that ESG
related topics are included in the board of director’s agendas. Even when we are not present at the board
try to support the portfolio company based on their individual needs.

12. Designated reference benchmark
Sub-Fund A pursues an active investment management strategy and therefore does not invest byreference to any index and does not intend to do so.