CIM Europe S.à r.l.
Sustainable Finance Disclosure Regulation (2019/2088) ("SFDR")CIM Europe S.à r.l. (the "AIFM") makes the following disclosures in accordance with Articles 3(1),4(1)(b) and 5(1) of the EU Sustainable Finance Disclosure Regulation (2019/2088).
Sustainability risks
A sustainability risk means "an environmental, social or governance event or condition that, if it
occurs, could cause an actual or potential material negative impact on the value of theinvestment". In the context of the AIFM, sustainability risks are risks which, if they were tocrystallise, would cause a material negative impact on the value of the portfolios of the AIFM'sfunds.
Consideration of sustainability risks is part of the investment decision-making and risk
management processes of the AIFM relating to the funds it manages. Before any investment
decisions are made on behalf of any funds that the AIFM manages, the AIFM (or its delegatedportfolio manager) will identify the material risks associated with each such proposed investment;these will include any relevant and material sustainability risks. These risks form part of the overall
investment proposal submitted to the investment committee. The investment committee willassess the identified risks alongside other relevant factors set out in the proposal and will approve
the investment proposal. If the AIFM has delegated portfolio management in relation to therelevant fund to a delegated portfolio manager, the portfolio manager will then review theproposal and determine if it is suitable for the fund, in which case the portfolio manager will
authorise the investment opportunity on behalf of the fund. In the case of some funds, corporate
approvals at fund level will ultimately be required for the investment decision to proceed. During
this process, sustainability risks will be identified and assessed using the same process as is
applied to other relevant risks affecting the relevant fund. The assessment of sustainability risks
is led by the relevant deal teams with support from Carlyle’s dedicated in-house ESG team, andin certain instances, third-party providers with expertise in specific sustainability risks. The AIFM's
risk management function will also include sustainability risk as part of its assessment of the risk
profile of each investment in accordance with the AIFM’s responsibility for risk management of
the relevant fund.
The investment decision-making process described in outline above is part of Carlyle's wider
policies and procedures on the integration of sustainability risks in its decision-making process inrelation to its funds generally. Further information on this is set out in Carlyle’s ESG Policy
available on Carlyle's website at: https://www.carlyle.com/esg-report-archive
No consideration of sustainability adverse impacts
The AIFM does not consider the adverse impacts of investment decisions on sustainability factors
in the manner prescribed by Article 4 of the SFDR.
As a global investment firm, Carlyle's impact is rooted in building better businesses around theworld – and ESG integration is one of its core tools in this work. From due diligence through exit,

1Carlyle’s approach has always been to partner with management teams to improve all aspects ofa business. Carlyle does this because it believes that building better businesses generates lastingvalue creation – which has been the focus of Carlyle since its founding. Carlyle’s approachremains grounded in its long history of ESG integration, as it believes that strong ESG
competencies are a hallmark of management excellence. In 2008, Carlyle created its Guidelines
for Responsible Investment, which it retains to this day. These guidelines, which apply to its
majority-owned corporate private equity investments, articulate Carlyle’s core principles forresponsibly stewarding investors’ capital. In 2010, Carlyle became the first private equity firm topublish an annual ESG report, and in 2021 published an expanded firm-wide ESG Policy. For
further information, please refer to the Carlyle ESG Policy available on Carlyle's website at:https://www.carlyle.com/esg-report-archive, which outlines Carlyle’s approach to ESG
integration, and resourcing, scope and investment application.
Despite this commitment, the AIFM considers that, where such adverse impact information is
published, the specific aggregated firm-wide or fund-level disclosures mandated by Article 4 of
the SFDR may fail to provide a meaningful insight into sustainability factors at a fund orinvestment level. Carlyle already collects certain sustainability data from many of its portfolio
investments, which Carlyle believes will provide investment-relevant information onsustainability risks and impact, in a manner that is feasible, consistent, and at a reasonable cost
to investors. However, the AIFM (through Carlyle and any delegated portfolio manager) could notreasonably gather and/or measure all of the data on which it expects to be obliged by Article 4
SFDR to report, or could not do so systematically, consistently, and at a reasonable cost toinvestors. This is in part because underlying issuers (which are global and may not be publicinterest entities) are not widely obliged to, and overwhelmingly do not currently, report byreference to the same data. The stance of the AIFM on this matter will be reviewed periodicallyby reference to market developments.
Remuneration policy
As described in the remuneration policy of the AIFM, the AIFM pays staff a combination of fixed
remuneration (salary) and variable remuneration (including, for example, bonus). Variable
remuneration allocated to staff reflects both personal and firm performance. In terms of personal
performance, the AIFMs will have regard to, among other things, the performance assessment
criteria set out in the remuneration policy, which include both quantitative and qualitative
measures. Compliance with the AIFM's risk management policies and procedures and risk control
measures (which relate to, among other types of risk, sustainability risks) shall be taken into
account in assessing the level of an individual's variable remuneration. The performanceassessment criteria also take into account quantitative measures that might, depending on therole and responsibilities of the staff member, include financial metrics which would be impacted
by the crystallization of sustainability risks.
SFDR Article 10
Product level SFDR website disclosures are made available to the investors and prospective
investors via Carlyle password protected portal, where applicable.

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