Sustainability-related Disclosures

Renaissance AIFM S.à r.l (hereinafter the “AIFM” or the “Company”) is an alternative investment fund manager based in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier (CSSF). The Company is subject to the Regulation (EU) 2019/2088 on sustainability‐related disclosures in the financial services sector (the “SFDR”) and provides disclosures in compliance with Articles 3(1), 4(1)(b), and 5(1) of the Regulation as follows.

Sustainability risk policies

The AIFM recognizes that the integration of sustainability risks into the investment decision-making process is a critical component of long-term value creation and sound risk management. Sustainability risks — defined as any environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of an investment— are systematically considered across all investment strategies managed by the AIFM.

The integration of sustainability risks is guided by AIFM’s overarching Sustainability Policy and further articulated in its Responsible Investment Policy, which outline strategy-specific ESG considerations. These policies serve as the foundation for embedding financially material ESG factors into investment screening, due diligence, decision-making, and ownership practices.

The Company embraces sustainable practices, believing that embedding financially material ESG factors supports the resilience of portfolios, helping to mitigate downside risks and enhance value creation opportunities. The AIFM’s ESG team works in close collaboration with investment teams to ensure that sustainability risks and opportunities are appropriately identified, assessed, and addressed within each investment strategy.

For more information, please refer to the AIFM Sustainability Policy and Aurora Growth Capital Responsible Investment Policy.

No consideration of adverse impacts of investment decisions on sustainability factors

The AIFM does not currently consider or report on any principal adverse impacts (“PAIs”) of its investment decisions on sustainability factors at entity level in the manner prescribed under the SFDR, as, after careful consideration, the decision was made due to limitations in data quality, consistency, and reliability across the investment universe.

In particular, the Company does not consider PAIs at entity level at the time being due to the operational complexity of applying a uniform set of sustainability indicators across a broad range of diversified investment strategies. The heterogeneity of investment strategies within AFIM’s portfolios makes it challenging to ensure consistent, comparable, and reliable ESG-related data from all investee companies.

In addition, this decision is also due to the number of diversified investment strategies across the AIFM’s fund range which entail that although some financial products disclosing under Article 8 and Article 9 SFDR do consider PAIs at their own level, not all managed products account for adverse impact.

On a best-effort basis, the Company commits to reporting PAIs for selected investee companies where data is available, reliable, and of sufficient quality and granularity to ensure meaningful disclosure.

The Company integrates the consideration of PAIs in the investment decision making process for selected investment funds launched after the effective date of the SFDR and/or currently in their active investment period. For other funds PAI consideration may be applied on a more limited or best-effort basis, reflecting data availability and proportionality considerations.

The AIFM continues to monitor the evolving regulatory landscape and improvements in data consistency and quality. This position may be revisited in the future.

Remuneration policies in relation to the integration of sustainability risks

The Company has a remuneration policy that is consistent with the integration of sustainability risks. It is fully in line with our broader Sustainability Policy and aligns our employees’ interests with the firm’s long-term success and value creation for our investors. Our remuneration policy is designed to promote sound and effective risk management, including sustainability risks, and does not encourage excessive risk-taking with respect to sustainability.

When determining variable remuneration, the AIFM takes into account both financial and non-financial performance indicators. Among the non-financial indicators, ESG-related objectives may be considered — particularly the alignment of individual behavior with the firm’s sustainability goals (primarily reflected in its funds’ sustainability objectives) and adherence to ESG risk management principles. These factors are assessed as part of the overall performance evaluation. The level of achievement of ESG objectives is considered when calculating variable remuneration, based on each professional’s specific role, responsibilities and scope of influence. This ensures that the incentives provided to our staff are aligned with our commitment to identifying, assessing, and managing sustainability risks in our investment processes and strategies. The remuneration policy supports our broader efforts to embed financially material ESG factors in asset management activities, thereby helping to mitigate downside risks and enhance value creation opportunities over the long term.

The Article 10 website disclosures of the funds will be available through the following link.