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NOTE Kepler Partners LLP is currently considering whether it will adopt an engagement policy pursuant to Article 3g of Directive (EU) 2017/828, amending EU Shareholder Rights Directive (Directive 2007/36/EC) (the “Directive”). Kepler Partners LLP acts as investment manager to Kepler Liquid Strategies ICAV (the “ICAV”). The ICAV is an Irish collective asset-management vehicle incorporated under the laws of Ireland and is authorised as an internally managed undertaking for collective investment in transferable securities (UCITS) by the Central Bank of Ireland. The ICAV is considering its obligations under the Directive. Additionally, as at the date of this statement (September 2019), it is further noted that the Directive has not yet been transposed into national legislation in Ireland. © Kepler Partners, 2014 - 2021. Authorised and Regulated by the Financial Conduct Authority. 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