Alexander Forbes Investments Global Offering

ALEXANDER FORBES INVESTMENTS

GLOBAL OFFERING On behalf of the team at Alexander Forbes Investments, I’d like to personally say how excited we are to share information on our global investment offering with you.

I sincerely hope that our investment offering can showcase a compelling solution fit for your needs, delivering enriched value to your fund and members.

Overseeing retirement savings is not getting any easier The strain that the current market environment is placing on fund fiduciaries is evident. I have come across recent surveys that have indicated that nearly 50% of respondents feel that they are spending less time than they would like to on their retirement plans. Coupled with the ongoing push to do more with fewer resources, the interest in finding investment solutions that meet members’ investment objectives more efficiently and cost effectively, I believe, will continue to increase.

DAWIE DE VILLIERS Chief Executive Officer

In this context, we provide the resources, services and processes you might need to make investments simpler, smoother and safer for your members. Our strategic relationship with Mercer is a powerful enabler for us to serve more clients and meet more needs.

Solutions amplified through partnerships There is increasing importance being placed on the integration of local and global assets and the significant contribution that global assets can make to overall investment outcomes.

Alexander Forbes’s industry-leading local presence with Mercer’s global industry footprint is a unique and powerful combination. We share a client-centric culture, fundamental belief in multi-management, collaborative and research-based investment approach, as well as long-held commitments to responsible investment principles.

We have done a considerable amount of work strengthening our relationship with Mercer, leveraging their expertise, knowledge and insights. In doing so, we have not only improved the robustness of our business and our advice process, but also set in place the foundations absolutely necessary to help deliver better global investment propositions at better value, including: ■ access to a wider range of diversified investments and enhanced asset manager line-ups ■ aggregated buying power to negotiate competitive investment management fees ■ dedicated, firm-wide support of top-achieving responsible investment practices ■ faster implementation to get to market quickly and execute client’s wishes fast ■ enhanced governance, freeing up time to sharpen our focus on driving better member outcomes

ALEXANDER FORBES INVESTMENTS GLOBAL OFFERING | DAWIE DE VILLIERS

Investing in your outcomes and success No matter what your global goals, we want to help you achieve them. Our clients always have choice and flexibility around how they want to work with us, as well as the extent to which they require our services:

Do it yourself: Global platform.

We can help you: Global advice.

We do it for you: Global solutions.

Construct or enhance your unique global solution by nominating underlying investment portfolios from our global range of investment-linked, long-term insurance policies.

Work with one of our specialist investment advisers to help design and construct a global solution tailored to your specific needs.

Access our cost-effective, delegated solutions that match your desired outcomes. We act as your co-fiduciary and investment manager responsible for operational implementation, as well as investment decisions.

It is part of my responsibility to ensure that you, your trustees and members continue to leverage the power, reach and efficiency of our global partnership, regardless of the way in which you choose to work with us.

I am hopeful that my personal perspective shared around our global offering will help our team, led

by Gavin, build a constructive conversation with you, and uncover better offshore value propositions, at a better price for your fund.

Best regards

Dawie Alexander Forbes Investments Limited is a licensed financial services provider, in terms of section 8 of the Financial Advisory and Intermediary Services Act 37 of 2002, as amended, FAIS licence number 711. This information is not advice, as defined and contemplated in the Financial Advisory and Intermediary Services Act 37 of 2002, as amended. The value of a portfolio can go down, as well as up, as a result of changes in the value of the underlying investments, or of currency movement. An investor may not recoup the full amount invested. All policies issued or underwritten by Alexander Forbes Investments are linked policies, under which no guarantees are issued. The policy benefits are determined solely on the value of the assets, or categories of assets, to which the policies are linked. Past performance is not necessarily an indication of future performance. Forecasts and examples are for illustrative purposes only and are not guaranteed to occur. Any projections contained in the information are estimates only and are not guaranteed to occur. Such projections are subject to market influences and contingent on matters outside the control of Alexander Forbes Investments, so may not be realised in the future. Please be advised that there may be supervised representatives. Company registration number: 1997/000595/06. Pension Fund Administrator number: 24/217.

Insurer number: 10/10/1/155. Postal address: PO Box 786055, Sandton 2146. Physical address: 115 West Street, Sandown 2196. Telephone number: +27 (0) 11 505 6000. The complaints handling procedure and conflict of interest management policy can be found on the Alexander Forbes Investments website: www.alexanderforbesinvestments.co.za.