REGULATORY DISCLOSURES DISCLOSURE OF COMMITMENT TO THE FINANCIAL REPORTING COUNCIL'S STEWARDSHIP CODE (“THE CODE”) UNDER FCA COBS 2.2.3R. Ferox Capital LLP (“The Firm”) is an investment manager based in the United Kingdom and authorised and regulated by the Financial Conduct Authority. We endeavor to apply our approach on stewardship to all companies that we invest in on behalf of our clients. Our approach is consistent with the Firm’s overall aims, which are to provide good long-term performance to our clients, and keeping clients’ interests paramount. The Firm monitors all investee companies as part of its general investment policy and approach. The Firm takes action in line with its investment objectives where its research of publicly available information warrants such action. However, given the nature of our chosen investment strategy, this approach does not include active engagement with UK listed investee companies, nor do we consider that our clients would expect such engagement. If our investment strategy changes in such a manner that the provisions of the Code become relevant, the Firm will amend this disclosure accordingly Ferox Capital LLP is authorised and regulated by the Financial Conduct Authority. Ferox Capital LLP is registered in England and Wales, registration no. OC349411 at 16 Berkeley Street, London W1J 8DZ Pillar 3 | Best Execution | Shareholder Rights Directive Ferox Capital LLP 16 Berkeley Street London W1J 8DZ United Kingdom + 44 (0) 207 947 0000 © 2021 by Ferox Capital LLP. All rights reserved. Regulatory Disclosures Privacy Notice Disclaimer