Notice to unitholders of SEB SICAV 2 – SEB Eastern Europe Small Cap Fund

We wish to inform you that we will make changes in SEB Eastern Europe Small Cap Fund (C –EUR LU0086828794). These changes, take effect 23 November 2018

Summary of changes:

Changes in investment strategy:
The sub fund’s investment strategy expands to include both mid cap as well as small companies in Eastern Europe. This broader scope enables a wider range of investment opportunities and ease liquidity constraints on investments

Name change:
Fund’s name will be updated to SEB SICAV 2– SEB Eastern Europe Small Cap and Mid Cap, in order to reflect the broader investment scope.

Benchmark index:
The investment team will start using a benchmark index, MSCI Emerging Markets Europe 10/40 Index (Net Return)

Additional information:
Unitholders are not required to take action. However, if unitholders do not wish to continue investing in the sub-fund in its new form, they may redeem their unis without being charged a redemption fe until 22 November 2018 14.00.

Updated product documentation for the sub-fund, will be available as of 23 November 2018 on www.sebgroup.lu and upon request at the registered office of the Management Company.