Exercise of Voting Rights

The Board of Directors has approved the Investment Management Policy, in which the following are stated regarding the exercise of voting rights arising from securities included in the portfolios under management:

The Company ensures that the equity rights resulting from transferable securities are exercised in the best interests of shareholders and investors-clients and independently of the interests of the Group to which the Company belongs.

The Investment Division in cooperation with the Department of Analysis suggest to the UCI’s Investment Committee, the Company’s policy and attitude to exercise the voting rights arising from the securities included in the Mutual Funds’ portfolios under management. The UCI’s Investment Committee discusses the suggestions and decides in the best interests of shareholders.

Regarding the Portfolios Management mandates, the Company does not undertake obligation to participate in companies’ general meetings whose shares are included in clients’ portfolios. In case the Company has the relative right, followed respectively the above described with respect of voting rights.