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U X E M B O U R G

MEMORIAL

Journal Officiel

du Grand-Duché de

Luxembourg

MEMORIAL

Amtsblatt

des Großherzogtums

Luxemburg

R E C U E I L D E S S O C I E T E S E T A S S O C I A T I O N S

Le présent recueil contient les publications prévues par la loi modifiée du 10 août 1915 concernant les sociétés commerciales

et par la loi modifiée du 21 avril 1928 sur les associations et les fondations sans but lucratif.

C — N° 1341

26 mai 2015

SOMMAIRE

3A Alternative Funds . . . . . . . . . . . . . . . . . . . .

64368

Action Sports S.A. . . . . . . . . . . . . . . . . . . . . . . .

64359

Alamco Global Fund . . . . . . . . . . . . . . . . . . . . .

64324

Arabesque SICAV . . . . . . . . . . . . . . . . . . . . . . .

64334

AWL Immo S.C.S. Sicav-Sif . . . . . . . . . . . . . . .

64328

AWL Immo S.C.S. Sicav-Sif . . . . . . . . . . . . . . .

64327

Berkeley Finance S.A. SPF . . . . . . . . . . . . . . . .

64333

Brick Wall Investment S.A. . . . . . . . . . . . . . . .

64333

Euro American S.A. . . . . . . . . . . . . . . . . . . . . . .

64326

Euroblick Holding S.A. . . . . . . . . . . . . . . . . . . .

64324

Forden Investments S.A. . . . . . . . . . . . . . . . . . .

64325

Glass Holding S.A. . . . . . . . . . . . . . . . . . . . . . . .

64326

Global Property Portfolio Fund . . . . . . . . . . . .

64329

Haston S.A., SPF . . . . . . . . . . . . . . . . . . . . . . . .

64323

Impex Overseas Trading Holding S.A. . . . . . .

64322

International Fund Mix: . . . . . . . . . . . . . . . . . .

64331

Japan Fund Management (Luxembourg) S.A.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64330

Japan Fund Management (Luxembourg) S.A.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64328

KBL Key Fund . . . . . . . . . . . . . . . . . . . . . . . . . .

64329

La Casa Grande SICAV SIF . . . . . . . . . . . . . .

64366

Livigno Invest S.A. . . . . . . . . . . . . . . . . . . . . . . .

64325

LRI Invest S.A . . . . . . . . . . . . . . . . . . . . . . . . . .

64331

Monterey Capital I Sàrl . . . . . . . . . . . . . . . . . .

64352

Movestic SICAV . . . . . . . . . . . . . . . . . . . . . . . .

64330

Mutualité de Cautionnement et d'Aide aux

Commerçants . . . . . . . . . . . . . . . . . . . . . . . . . .

64323

Newluxco 4 S.A. . . . . . . . . . . . . . . . . . . . . . . . . .

64329

Oteli Europe S.à r.l. . . . . . . . . . . . . . . . . . . . . . .

64364

Peri SPF S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . .

64326

PLANET SUN Luxembourg S.A. . . . . . . . . . .

64333

Presta-Services S.A. . . . . . . . . . . . . . . . . . . . . . .

64367

Protea Fund . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64356

Ravena Investment SA . . . . . . . . . . . . . . . . . . .

64324

REO Cergy Etoile, S.à r.l. . . . . . . . . . . . . . . . . .

64333

Ripli Holding S.A. . . . . . . . . . . . . . . . . . . . . . . .

64361

Rocatex . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64363

Rockhouse Société Immobilière S.A. . . . . . . . .

64323

Sofidra S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64322

Source Automation Luxembourg S.A. . . . . . .

64327

Sterope Management S.A. . . . . . . . . . . . . . . . .

64327

Stream Co SA . . . . . . . . . . . . . . . . . . . . . . . . . . .

64328

Textilco S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64322

Thule S.A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64326

Tisakurp Invest S.A. . . . . . . . . . . . . . . . . . . . . .

64325

T.Rowe Price Funds Series II Sicav . . . . . . . . .

64332

Wole SA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

64361

64321

U X E M B O U R G

Textilco S.A., Société Anonyme.

Siège social: L-1413 Luxembourg, 3, place Dargent.

R.C.S. Luxembourg B 40.730.

Les Actionnaires sont convoqués par le présent avis à

l'ASSEMBLÉE GÉNÉRALE STATUTAIRE

qui aura lieu le 11 juin 2015 à 17:00 heures au siège social à Luxembourg, avec l'ordre du jour suivant:

Ordre du jour:

1. Rapport de gestion du Conseil d'Administration et rapport du Commissaire
2. Approbation des comptes annuels et affectation des résultats au 31 décembre 2014
3. Décharge aux Administrateurs et au Commissaire
4. Divers

Le Conseil d'Administration.

Référence de publication: 2015074290/696/15.

Impex Overseas Trading Holding S.A., Société Anonyme Soparfi.

Siège social: L-1258 Luxembourg, 6, rue Jean-Pierre Brasseur.

R.C.S. Luxembourg B 29.931.

Les actionnaires sont priés d'assister à :

l'ASSEMBLEE GENERALE ORDINAIRE

qui se tiendra au 6, rue Jean-Pierre Brasseur, L-1258 Luxembourg, le 09 juin 2015 à 15 heures 30, pour délibération sur

l'ordre du jour conçu comme suit :

Ordre du jour:

1. Présentation des comptes annuels, du rapport de gestion du Conseil d'Administration et du rapport du Commissaire
2. Approbation des comptes au 31 décembre 2014
3. Affectation du résultat
4. Décharge à donner aux Administrateurs et au Commissaire
5. Délibération et décision sur la dissolution éventuelle de la société conformément à l'article 100 de la loi du 10 août

1915 sur les sociétés commerciales

6. Divers

Le Conseil d'Administration.

Référence de publication: 2015070530/9378/19.

Sofidra S.A., Société Anonyme.

Siège social: L-8308 Capellen, 34-36, Parc d'Activités Capellen.

R.C.S. Luxembourg B 73.723.

Mesdames, Messieurs les actionnaires sont priés d'assister à

l'ASSEMBLEE GENERALE ORDINAIRE

qui aura lieu le 2 juin 2015 à 11:30 au 34-36, Parc d'Activités Capellen, L-8308 Capellen, Grand Duché de Luxembourg,

avec l'ordre du jour suivant:

Ordre du jour:

1. Lecture et approbation des rapports de vérification du commissaire pour l'exercice se clôturant le 31 décembre 2014 ;
2. Présentation et approbation des comptes annuels statutaires et consolidés au 31 décembre 2014 ;
3. Affectation du résultat ;
4. Décharge aux administrateurs et au commissaire ;
5. Elections statutaires ;
6. Procuration générale pour l'émission de garanties par Sofidra SA ;
7. Divers.

Le Conseil d'Administration.

Référence de publication: 2015067453/20.

64322

U X E M B O U R G

Mutualité de Cautionnement et d'Aide aux Commerçants, Société Coopérative.

Siège social: L-1615 Luxembourg, 7, rue Alcide de Gasperi.

R.C.S. Luxembourg B 8.785.

Avis de convocation à

L'ASSEMBLEE GENERALE ORDINAIRE

qui se tiendra au siège social de la société 7, rue Alcide de Gasperi, L-1615 Luxembourg le jeudi, 11 juin 2015 à 11.30

heures. L'ordre du jour est composé comme suit:

Ordre du jour:

1. Rapport d'activité du conseil d'administration
2. Rapport du commissaire aux comptes et du réviseur d'entreprises
3. Approbation des comptes annuels au 31 décembre 2014 et affectation des résultats
4. Décharge à donner aux administrateurs et au commissaire aux comptes
5. Nominations statutaires
6. Divers

Le Conseil d'Administration.

Référence de publication: 2015074961/18.

Haston S.A., SPF, Société Anonyme - Société de Gestion de Patrimoine Familial.

Siège social: L-2227 Luxembourg, 29, avenue de la Porte-Neuve.

R.C.S. Luxembourg B 56.418.

Messieurs les Actionnaires sont priés d'assister à

l'ASSEMBLÉE GÉNÉRALE ORDINAIRE

qui se tiendra le 16.06.2015 à 09.00 heures au siège avec pour

Ordre du jour:

- Rapports du Conseil d'Administration et du Commissaire;
- Approbation du bilan et du compte de Profits et Pertes arrêtés au 31.12.2014;
- Affectation du résultat au 31.12.2014;
- Quitus aux administrateurs et au commissaire;
- Divers.

Pour assister à cette Assemblée, Messieurs les Actionnaires, sont priés de déposer leurs titres cinq jours francs avant

l'Assemblée au Siège Social.

Le Conseil d'Administration.

Référence de publication: 2015075742/18.

Rockhouse Société Immobilière S.A., Société Anonyme.

Siège social: L-1143 Luxembourg, 2BIS, rue Astrid.

R.C.S. Luxembourg B 53.377.

Messieurs les actionnaires sont priés d'assister à

l'ASSEMBLEE GENERALE STATUTAIRE

des actionnaires qui se tiendra le 3 juin 2015 à 10.00 heures au siège social à Luxembourg pour délibérer de l'ordre du

jour suivant:

Ordre du jour:

1. Rapport du Conseil d'Administration et du Commissaire aux Comptes
2. Approbation des bilan, compte de pertes et profits et affectation des résultats au 31.12.2014
3. Décharge aux administrateurs et au commissaire aux comptes
4. Délibération et décision sur la dissolution éventuelle de la société conformément à l'article 100 de la loi du 10 août

1915

5. Divers

Le Conseil d'Administration.

Référence de publication: 2015071363/788/18.

64323

U X E M B O U R G

Euroblick Holding S.A., Société Anonyme.

Siège social: L-1610 Luxembourg, 8-10, avenue de la Gare.

R.C.S. Luxembourg B 38.379.

Les actionnaires de la société anonyme EUROBLICK HOLDING S.A. sont invités à assister à :

l'ASSEMBLEE GENERALE ORDINAIRE

qui se tiendra le 17 juin 2015 à 15 :00 heures au sein de l'étude de Maître Claude SCHMARTZ, administrateur provisoire

de la Société, à L-7364 Bofferdange, Domaine du Parc, Résidence Les Cerisiers 2, 1B, A Romescht, afin de délibérer sur
l'ordre du jour suivant :

Ordre du jour:

1. Discussion et vote sur les comptes annuels;
2. Divers.

L'Assemblée Générale ne délibérera valablement que si la moitié du capital est présente ou représentée à l'Assemblée

Générale.

Les actionnaires qui ne pourront pas assister personnellement à l'Assemblée Générale sont invités à envoyer une pro-

curation dûment datée et signée à leur mandataire désigné ainsi qu'une copie de cette dernière à l'administrateur provisoire
de la Société

L'Administrateur Provisoire

Maître Claude SCHMARTZ

Référence de publication: 2015075724/21.

Ravena Investment SA, Société Anonyme.

Siège social: L-1470 Luxembourg, 7, route d'Esch.

R.C.S. Luxembourg B 180.813.

Le Conseil d'Administration rappelle aux actionnaires que les droits afférents aux actions au porteur ne peuvent être

exercés qu'en cas de dépôt de l'action au porteur auprès du dépositaire conformément à l'article 42 de LCSC. En outre, le
Conseil d'Administration rappelle également aux actionnaires que les actions au porteur doivent être déposées pour le 18
février 2016 au plus tard sous peine de sanction.

Messieurs les actionnaires sont priés de bien vouloir assister à

l'ASSEMBLEE GENERALE ORDINAIRE

qui se tiendra au siège social, en date du 15 juin 2015 à 17 heures, avec l'ordre du jour suivant :

Ordre du jour:

1. Discussion et approbation des comptes annuels arrêtés au 31 décembre 2014 et du compte de résultats.
2. Discussion sur le rapport du Commissaire.
3. Octroi de la décharge, telle que requise par la loi, aux Administrateurs et au Commissaire pour les fonctions exercées

par ceux-ci dans la société durant l'exercice social qui s'est terminé le 31 décembre 2014.

4. Décision de l'affectation du résultat réalisé au cours de l'exercice écoulé.
5. Le cas échéant, décision conformément à l'article 100 des LCSC.
6. Modification au sein de Conseil d'administration et du Commissaire aux comptes.
7. Divers.

Le Conseil d'Administration.

Référence de publication: 2015075743/1004/23.

Alamco Global Fund, Fonds Commun de Placement.

Le règlement de gestion de ALAMCO GLOBAL FUND coordonné au 11 Mai 2015 a été déposé au registre de commerce

et des sociétés de Luxembourg.

Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.

Japan Fund Management (Luxembourg) S.A.
Dr. Christian SZYLAR

Référence de publication: 2015074637/10.
(150085048) Déposé au registre de commerce et des sociétés de Luxembourg, le 20 mai 2015.

64324

U X E M B O U R G

Livigno Invest S.A., Société Anonyme.

Siège social: L-1470 Luxembourg, 7, route d'Esch.

R.C.S. Luxembourg B 181.938.

Le Conseil d'Administration rappelle aux actionnaires que les droits afférents aux actions au porteur ne peuvent être

Messieurs les actionnaires sont priés de bien vouloir assister à

l'ASSEMBLEE GENERALE ORDINAIRE

qui se tiendra au siège social, en date du 15 juin 2015 à 17 heures, avec l'ordre du jour suivant :

Ordre du jour:

par ceux-ci dans la société durant l'exercice social qui s'est terminé le 31 décembre 2014.

4. Décision de l'affectation du résultat réalisé au cours de l'exercice écoulé.
5. Le cas échéant, décision conformément à l'article 100 des LCSC.
6. Modification du Commissaire aux comptes.
7. Divers.

Le Conseil d'Administration.

Référence de publication: 2015075744/1004/23.

Tisakurp Invest S.A., Société Anonyme.

Siège social: L-1471 Luxembourg, 412F, route d'Esch.

R.C.S. Luxembourg B 174.547.

Les actionnaires sont convoqués par le présent avis à

l'ASSEMBLEE GENERALE STATUTAIRE

qui se tiendra le 4 juin 2015 à 17:00 heures au siège social, avec l'ordre du jour suivant:

Ordre du jour:

1. Rapport de gestion du Conseil d'Administration et rapport du Commissaire aux Comptes
2. Approbation des comptes annuels et affectation des résultats au 31 décembre 2014
3. Décharge aux Administrateurs et au Commissaire aux Comptes
4. Divers

Le Conseil d'Administration.

Référence de publication: 2015072071/795/15.

Forden Investments S.A., Société Anonyme.

Siège social: L-1143 Luxembourg, 2BIS, rue Astrid.

R.C.S. Luxembourg B 125.948.

Messieurs les actionnaires sont priés d'assister à

l'ASSEMBLEE GENERALE STATUTAIRE

des actionnaires qui se tiendra le 3 juin 2015 à 11.00 heures au siège social à Luxembourg pour délibérer de l'ordre du

jour suivant:

Ordre du jour:

Le Conseil d'Administration.

Référence de publication: 2015071359/788/16.

64325

U X E M B O U R G

Peri SPF S.A., Société Anonyme - Société de Gestion de Patrimoine Familial.

Siège social: L-1840 Luxembourg, 11A, boulevard Joseph II.

R.C.S. Luxembourg B 89.489.

Messieurs les actionnaires sont priés de bien vouloir assister à

l'ASSEMBLEE GENERALE ORDINAIRE

qui se tiendra le 03 juin 2015 à 16h30 heures au siège social avec l'ordre du jour suivant:

Ordre du jour:

1. Rapports du Conseil d'Administration et du Commissaire aux Comptes.
2. Approbation du bilan et comptes de profits et pertes et affectation des résultats au 31 décembre 2014.
3. Décharge à donner aux Administrateurs et au Commissaire aux Comptes.
4. Divers.

Le Conseil d'Administration.

Référence de publication: 2015042665/1031/15.

Euro American S.A., Société Anonyme.

Siège social: L-1840 Luxembourg, 11A, boulevard Joseph II.

R.C.S. Luxembourg B 70.592.

Messieurs les actionnaires sont priés de bien vouloir assister à

l'ASSEMBLEE GENERALE ORDINAIRE

qui se tiendra le 03 juin 2015 à 15h00 au siège social avec l'ordre du jour suivant:

Ordre du jour:

1. Rapports du Conseil d'Administration et du Commissaire aux Comptes.
2. Approbation des bilans et compte de profits et pertes et affectation des résultats au 31 décembre 2014.
3. Décharge à donner aux Administrateurs et au Commissaire aux Comptes.
4. Divers.

Le Conseil d'Administration.

Référence de publication: 2015042107/1031/15.

Thule S.A., Société Anonyme.

Siège social: L-1840 Luxembourg, 11A, boulevard Joseph II.

R.C.S. Luxembourg B 72.952.

Messieurs les actionnaires sont priés de bien vouloir assister à

l'ASSEMBLEE GENERALE ORDINAIRE

qui se tiendra le 03 juin 2015 à 16.30 heures au siège social avec l'ordre du jour suivant:

Ordre du jour:

Le Conseil d'Administration.

Référence de publication: 2015042666/1031/15.

Glass Holding S.A., Société Anonyme.

Siège social: L-1330 Luxembourg, 48, boulevard Grande-Duchesse Charlotte.

R.C.S. Luxembourg B 194.758.

Les statuts coordonnés suivant l'acte n° 399 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2015051155/9.
(150059107) Déposé au registre de commerce et des sociétés de Luxembourg, le 3 avril 2015.

64326

U X E M B O U R G

Source Automation Luxembourg S.A., Société Anonyme.

Siège social: L-1610 Luxembourg, 42-44, avenue de la Gare.

R.C.S. Luxembourg B 187.047.

The Shareholders are hereby convened to the

ANNUAL GENERAL MEETING

of the shareholders which will take place on 1

st

June, 2015 at 11.30 a.m. at 42-44, avenue de la Gare, L-1610

Luxembourg.

The agenda of the Annual General Meeting is as follows:

Agenda:

1. Management report of the Board of Directors and report of the Statutory Auditor.
2. Approval of the annual accounts as of December 31, 2014.
3. Appropriation of results.
4. Discharge to the Directors and to the Statutory Auditor for the performance of their mandates during the related fiscal

year.

5. Miscellaneous.

The Board of Directors.

Référence de publication: 2015072083/19.

Sterope Management S.A., Société Anonyme Soparfi.

Siège social: L-1470 Luxembourg, 7, route d'Esch.

R.C.S. Luxembourg B 133.328.

Le Conseil d'Administration rappelle aux actionnaires que les droits afférents aux actions au porteur ne peuvent être

Messieurs les actionnaires sont priés de bien vouloir assister à

l'ASSEMBLEE GENERALE ORDINAIRE

qui se tiendra au siège social, en date du 25 juin 2015 à 18 heures, avec l'ordre du jour suivant:

Ordre du jour:

1. Discussion et approbation des comptes annuels arrêtés au 31 décembre 2014.
2. Discussion sur le rapport du Commissaire.
3. Octroi de la décharge, telle que requise par la loi, aux Administrateurs et au Commissaire pour les fonctions exercées

par ceux-ci dans la société durant l'exercice social qui s'est terminé le 31 décembre 2014.

4. Décision de l'affectation du résultat réalisé au cours de l'exercice écoulé.
5. Le cas échéant, décision conformément à l'article 100 des LCSC.
6. Modification au sein du Conseil d'administration.
7. Divers.

Le conseil d'administration.

Référence de publication: 2015072078/1004/23.

AWL Immo S.C.S. Sicav-Sif, Société en Commandite simple sous la forme d'une SICAV - Fonds d'Investissement

Spécialisé.

Siège social: L-2163 Luxembourg, 23, avenue Monterey.

R.C.S. Luxembourg B 182.233.

Le 12 mai 2015.

Pour la société

Référence de publication: 2015072989/12.
(150083834) Déposé au registre de commerce et des sociétés de Luxembourg, le 18 mai 2015.

64327

U X E M B O U R G

Stream Co SA, Société Anonyme.

Siège social: L-1470 Luxembourg, 7, route d'Esch.

R.C.S. Luxembourg B 179.825.

Le Conseil d'Administration rappelle aux actionnaires que les droits afférents aux actions au porteur ne peuvent être

Messieurs les actionnaires sont priés de bien vouloir assister à

l'ASSEMBLEE GENERALE ORDINAIRE

qui se tiendra au siège social en date du 11 juin 2015 à 17 heures, avec l'ordre du jour suivant:

Ordre du jour:

1. Discussion et approbation des comptes annuels arrêtés au 31 décembre 2014 et du compte de résultats.
2. Discussion sur rapport du Commissaire.
3. Octroi de la décharge, telle que requise par la loi, aux Administrateurs et au Commissaire pour les fonctions exercées

par ceux-ci dans la société durant l'exercice social qui s'est terminé le 31 décembre 2014.

4. Décision de l'affectation du résultat réalisé au cours de l'exercice écoulé.
5. Le cas échéant, décision conformément à l'article 100 des L.C.S.C.
6. Modification au sein du Conseil d'administration et du Commissaire aux comptes.
7. Divers.

Le conseil d'administration.

Référence de publication: 2015072079/1004/23.

AWL Immo S.C.S. Sicav-Sif, Société en Commandite simple sous la forme d'une SICAV - Fonds d'Investissement

Spécialisé.

Siège social: L-2163 Luxembourg, 23, avenue Monterey.

R.C.S. Luxembourg B 182.233.

Extrait des résolutions des associés de la Société, prises en date du 11 mai 2015

Les associés de la Société décident de réélire Ernst & Young S.A., avec adresse au 7, Rue Gabriel Lippmann, Parc

d’Activité Syrdall 2, L-5365 Munsbach, Grand-Duché du Luxembourg en qualité de réviseur d'entreprises agréé de la
Société, pour une période prenant fin à la date à laquelle les associés prendront leurs résolutions sur les comptes annuels
de la Société pour l'année financière se terminant le 31 décembre 2015.

Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.

Le 12 mai 2015.

Pour la société

Référence de publication: 2015072988/16.
(150083833) Déposé au registre de commerce et des sociétés de Luxembourg, le 18 mai 2015.

Japan Fund Management (Luxembourg) S.A., Société Anonyme.

Siège social: L-5365 Munsbach, 1B, rue Gabriel Lippmann.

R.C.S. Luxembourg B 46.632.

Il résulte du procès - verbal de la réunion du Conseil d'Administration du 30 juin 2014 que:
- Monsieur Noboru MATSUSHIMA, résidant professionnellement 1B rue Gabriel Lippmann, L-5365 Munsbach est

nommé délégué à la gestion journalière avec effet au 1

juillet 2014;

- Dr. Christian SZYLAR, résidant professionnellement 1B rue Gabriel Lippmann, L-5365 Munsbach est nommé délégué

à la gestion journalière avec effet au 1

juillet 2014.

Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.

Toru HORIE
Directeur

Référence de publication: 2015074636/15.
(150084817) Déposé au registre de commerce et des sociétés de Luxembourg, le 20 mai 2015.

64328

U X E M B O U R G

KBL Key Fund, Société d'Investissement à Capital Variable.

Siège social: L-1118 Luxembourg, 11, rue Aldringen.

R.C.S. Luxembourg B 63.616.

Nous avons l'honneur de vous convier à

l'ASSEMBLEE GENERALE STATUTAIRE

des actionnaires de la Société (l'Assemblée) qui se tiendra au siège social le 3 juin 2015 à 15h00 (heure de Luxembourg)

avec l'ordre du jour suivant:

Ordre du jour:

1. Prise de connaissance du rapport d'activité du conseil d'administration et du rapport du réviseur d'entreprises
2. Approbation des comptes annuels au 31 décembre 2014 et de l'affectation des résultats
3. Décharge à donner aux administrateurs
4. Nominations statutaires
5. Divers

Les décisions concernant les points de l'ordre du jour ne requièrent aucun quorum et sont adoptées à la simple majorité

des voix exprimées à l'Assemblée. Des procurations sont disponibles au siège social de la Société.

Par délégation d'European Fund Administration agissant en tant que dépositaire au sens prévu par la loi du 28 juillet

2014 relative à l'immobilisation et à la tenue du registre des actions au porteur (la Loi de 2014), les détenteurs d'actions au
porteur souhaitant participer à l'Assemblée sont tenus d'immobiliser leurs actions cinq jours ouvrables avant l'Assemblée
auprès de KBL European Private Bankers S.A., 43, boulevard Royal, L-2955 Luxembourg (KBL) permettant ainsi l'in-
scription de leurs actions dans le registre des actions au porteur.

Les droits afférents aux actions au porteur ne pourront être exercés qu'en cas de dépôt de l'action au porteur auprès de

KBL conformément à la Loi de 2014.

Référence de publication: 2015072074/755/25.

Global Property Portfolio Fund, Fonds Commun de Placement.

Siège social:

R.C.S. Luxembourg B 46.632.

Le règlement de gestion de GLOBAL PROPERTY PORTFOLIO FUND coordonné au 11 Mai 2015 a été déposé au

registre de commerce et des sociétés de Luxembourg.

Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.

Japan Fund Management (Luxembourg) S.A.
Dr. Christian SZYLAR
Conducting Officer & Director

Référence de publication: 2015073927/13.
(150084488) Déposé au registre de commerce et des sociétés de Luxembourg, le 19 mai 2015.

Newluxco 4 S.A., Société Anonyme.

Siège social: L-1148 Luxembourg, 16, rue Jean l'Aveugle.

R.C.S. Luxembourg B 138.081.

Extrait du procès-verbal du Conseil tenu le 24 mars 2015

Résolutions:

- Le Conseil décide de transférer le siège social de son adresse actuelle au 16, rue Jean l'Aveugle, L-1148 Luxembourg,

avec effet au 02/04/2015.

- Mme. Bemtgen Sonja, Mme. Derains Virginie et Mme. Lobo Sarah auront désormais comme adresse professionnelle:

16, rue Jean l'Aveugle, L-1148 Luxembourg.

Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Pour extrait conforme.

Luxembourg, le 24 mars 2015.

Référence de publication: 2015051327/16.
(150059119) Déposé au registre de commerce et des sociétés de Luxembourg, le 3 avril 2015.

64329

U X E M B O U R G

Movestic SICAV, Société d'Investissement à Capital Variable.

Siège social: L-1115 Luxembourg, 2, boulevard Konrad Adenauer.

R.C.S. Luxembourg B 185.082.

The board of directors herewith invites shareholders, in accordance with article 24 of the Company's articles of associ-

ation (the “Articles”) to the

ANNUAL ORDINARY GENERAL MEETING

of shareholders to take place on 3

rd

June 2015 at 11.00 a.m. at 2, boulevard Konrad Adenauer, L-1115 Luxembourg.

Capitalised terms not defined herein have the meaning assigned to them in the Prospectus of the Company.

The agenda is as follows:

Agenda:

1. Report of the Board of Directors and the Auditor on the financial statements for the financial year as per 31 December

2014.

2. Approval of the balance sheet as per 31 December 2014 and the profit and loss statement.
3. Discharge of the members of the Board of Directors for the financial year that elapsed.
4. Remuneration for the Members of the Board of Directors.
5. Re-Election of the Members of the Board of Directors.
6. Re-election of the Auditor.
7. Miscellaneous.

In order to attend the Ordinary General Meeting and for the proper execution of the voting rights, the shareholders will

have to deposit their shares at least one (1) day before the meeting. Only those who have submitted written notice of the
deposit to the company are admitted to attend the meeting. Each shareholder may be represented by a person who is duly
authorized by proxy. A proxy need not be a member of the Company. If you do not wish to attend the Ordinary General
Meeting of Shareholders would you please sign the special proxy form and return it to us until the 2

June 2015. Please

fax the forms beforehand to (00352) 22 15 22 - 500 or send it by e-mail: d_FundSetUpOPAM@oppenheim.lu. Proxy forms
can be obtained from the registered office of the Company.

Luxembourg, May 2015.

Board of Directors.

Référence de publication: 2015072076/755/30.

Japan Fund Management (Luxembourg) S.A., Société Anonyme.

Siège social: L-5365 Munsbach, 1B, rue Gabriel Lippmann.

R.C.S. Luxembourg B 46.632.

EXTRAIT

Il résulte de l’Assemblée Générale des actionnaires du 30 avril 2015 que:
- Monsieur Noboru MATSU SHIMA, résidant professionnellement 1B rue Gabriel Lippmann, L -5365 Munsbach est

nommé administrateur jusqu'à l’Assemblée Générale des actionnaires qui se tiendra le 2 mai 2016;

- Dr. Christian SZYLAR, résidant professionnellement 1B rue Gabriel Lippmann, L - 5365 Munsbach est nommé

administrateur jusqu'à l’Assemblée Générale des actionnaires qui se tiendra le 2 mai 2016;

- Monsieur Toru HORIE, résidant professionnellement 1B rue Gabriel Lippmann, L-5365 Munsbach est nommé admi-

nistrateur jusqu'à l’Assemblée Générale des actionnaires qui se tiendra le 2 mai 2016;

- Monsieur Hiroshi KAGEYAMA, résidant professionnellement 1B rue Gabriel Lippmann, L -5365 Munsbach est

nommé administrateur jusqu'à l’Assemblée Générale des actionnaires qui se tiendra le 2 mai 2016;

- Monsieur Ken KAJIURA, résidant 2 -1 Yaesu 1-chome Chuo-ku, 103-8670 Tokyo (Japon) est nommé administrateur

jusqu'à l’Assemblée Générale des actionnaires qui se tiendra le 2 mai 2016;

- Ernst & Young S.A., ayant son siège social 7, rue Gabriel Lippmann, Parc d’Activité Syrdall 2, L-5365 Munsbach,

est nommée contrôleur des comptes de la société jusqu'à l’Assemblée Générale des actionnaires qui se tiendra le 2 mai
2016.

Pour extrait conforme

Munsbach, le 18 mai 2015.

Référence de publication: 2015074635/24.
(150084817) Déposé au registre de commerce et des sociétés de Luxembourg, le 20 mai 2015.

64330

U X E M B O U R G

International Fund Mix:, Fonds Commun de Placement.

Die International Fund Management S.A., Luxemburg, als Verwaltungsgesellschaft des nach Teil II des luxemburgi-

schen Gesetzes vom 17. Dezember 2010 über Organismen für gemeinsame Anlagen errichteten Umbrellafonds "Interna-
tional Fund Mix:" (fonds commun de placement à compartiments multiples) hat mit Zustimmung der DekaBank Deutsche
Girozentrale Luxembourg S.A., Luxemburg, als dessen Depotbank beschlossen, den Teilfonds "International Fund Mix:
Haspa S" mit Ablauf des 30. Juni 2015 aufzulösen. Die Ausgabe von Anteilen des "International Fund Mix: Haspa S" wird
mit Ablauf des 24. Juni 2015 eingestellt. Anteile können weiterhin jederzeit zu dem dann geltenden Rücknahmepreis
zurückgegeben werden.

Nach dem 30. Juni 2015 wird die Depotbank des Fonds, die DekaBank Deutsche Girozentrale Luxembourg S.A., den

Liquidationserlös, der von ihr den verbliebenen Anteilinhabern je Anteil ausgezahlt wird, unverzüglich bekannt machen.

Luxemburg, im Mai 2015

International Fund Management S.A.
Die Geschäftsführung
Référence de publication: 2015075749/775/18.

LRI Invest S.A, Société Anonyme.

Siège social: L-5365 Munsbach, 9A, rue Gabriel Lippmann.

R.C.S. Luxembourg B 28.101.

Auszug aus dem Sitzungsprotokoll der ordentlichen Gesellschafterversammlung der LRI Invest S.A. vom 30. April 2015

Neuwahl der Mitglieder des Aufsichtsrats für die Geschäftsjahre 2015-2017
Nachfolgende Personen werden bis zum Ablauf der ordentlichen Gesellschafterversammlung des Jahres 2018 in den

Aufsichtsrat berufen:

Herr Andreas Benninger, Managing Director der Augur Capital AG
geschäftsansässig in D-60325 Frankfurt/Main, Westendstr. 16-22
Frau Katherine Bond, Partner der Keyhaven Capital Partners Ltd
geschäftsansässig in GB-London W1T 4BB, 1 Maple Place
geb. am 8. Mai 1974 in Farnborough, Großbritannien ab dem 01.05.2015
Herr Dr. Peter Haid, Mitglied des Vorstands der Baden-Württembergische Bank,
geschäftsansässig in D-70173 Stuttgart, Kleiner Schlossplatz 11
Herr Achim Koch, Vorsitzender der Geschäftsführung der LBBW Asset Management Investmentgesellschaft mbH,

geschäftsansässig in D-70173 Stuttgart, Kronenstraße 20

Herr Günther P. Skrzypek, Managing Partner der Augur Capital AG
geschäftsansässig in D-60325 Frankfurt/Main, Westendstr. 16-22

Auszug aus dem Sitzungsprotokoll der Aufsichtsratssitzung der LRI Invest S.A. vom 19. März 2015

Gemäß Artikel 17 der Satzung der LRI Invest S.A. beschließen die Aufsichtsratsmitglieder die Berufung von
Herrn Markus Gierke, Managing Director der LRI Invest S.A.
geschäftsansässig in 9A, rue Gabriel Lippmann, L-5365 Munsbach
Herrn Utz Schüller, Managing Director der LRI Invest S.A.
geschäftsansässig in 9A, rue Gabriel Lippmann, L-5365 Munsbach
als Mitglieder des Vorstandes bis zur ordentlichen Gesellschafterversammlung der LRI Invest S.A. des Jahres 2018 zu

verlängern.

Auszug aus dem Umlaufbeschluss des Aufsichtsrats der LRI Invest S.A. vom 5. Mai 2015

Gemäß Artikel 17 der Satzung der LRI Invest S.A. beschließen die Aufsichtsratsmitglieder die Laufzeit des Vorstands-

mandats von Herrn Frank Alexander de Boer auf den 28. Februar 2017 zu begrenzen.

Die Mandate der Herren Claus Stenbaek (Aufsichtsrat) und Bernd Schlichter (Vorstand) endeten zum 30. April 2015.

Munsbach, den 11. Mai 2015.

Für die Richtigkeit namens der Gesellschaft

Référence de publication: 2015072578/36.
(150082682) Déposé au registre de commerce et des sociétés de Luxembourg, le 15 mai 2015.

64331

U X E M B O U R G

T.Rowe Price Funds Series II Sicav, Société Anonyme sous la forme d'une SICAV - Fonds d'Investissement Spé-

cialisé.

Siège social: L-2633 Senningerberg, 6, route de Trèves.

R.C.S. Luxembourg B 180.915.

In the year two thousand fifteen, on the second day of April.
Before Us Maître Marc LOESCH, notary residing in Mondorf-les-Bains (Grand-Duchy of Luxembourg),

was held

an Extraordinary General Meeting of shareholders of T. ROWE PRICE FUNDS SERVICES II SICAV (the “Company”),

a société d’investissement à capital variable governed by the laws of the Grand Duchy of Luxembourg, with registered
office at 6, route de Trèves, L-2633 Senningerberg (Grand Duchy of Luxembourg), incorporated on 10 October 2013, the
articles of incorporation of which were published in the Mémorial C, Recueil des Sociétés et Associations N° 2615 on 21
October 2013. It is registered with the Luxembourg Register of Commerce and Companies, section B, number 180915.

The meeting was declared open at 4.07 p.m. and was presided over by Mrs Mara Marangelli, employee, professionally

residing in Luxembourg,

who appointed Mrs Myriam Lambrech, employee, professionally residing in Luxembourg as Secretary of the meeting.
The meeting elected as scrutineer Mrs Rachel Carletti, employee, professionally residing in Luxembourg.
All shareholders were present or represented and declared to have knowledge of the agenda of the meeting and to waive

any and all procedures of convening or others.

The Chairman declared and requested the notary to state that:
1 The shareholders and the number of shares held by each of them are listed on an attendance list signed by the share-

holders present and represented and by the members of the bureau; this list and the proxies of the shareholders represented,
initialled ne varietur, will remain attached to the original of these minutes in order to be registered with it.

2 It results from the said attendance list that all the shares of the Company are present or represented at the meeting

which is therefore regularly constituted and may validly deliberate on all matters on the agenda, of which the shareholders
have been informed before this meeting

3 The agenda of the meeting was as follows:

Agenda

To amend the first paragraph of article 10 of the Company’s articles of incorporation to move the date of the annual

general shareholder meeting to the second Friday in December and to provide that, in case such day is not a business day,
the annual general meeting shall be held on the following business day.

Then the general meeting, after deliberation, takes unanimously the following resolutions:

Resolution

The Shareholders resolve to amend the 1

paragraph of article 10 of the Company’s articles of incorporation so that it

reads as follows:

“The annual general meeting of Shareholders shall be held, in accordance with Luxembourg law, in the commune of

Niederanven in the Grand-Duchy of Luxembourg at the registered office of the Company, or at such other place in the
Grand-Duchy of Luxembourg as may be specified in the notice of meeting, on the second Friday of the month of December
of each year at 10.00 a.m.. If such day is not a business day, the annual general meeting of Shareholders shall be held on
the following business day. The annual general meeting may be held abroad if, in the absolute and final judgment of the
Board, exceptional circumstances so require.”

The Extraordinary General Meeting is closed at 4.15 p.m..

Whereas the present deed was drawn up in Luxembourg on the day named at the beginning of this document.
The document having been read to the proxy holder of the appearing parties, known to the notary, by his surname, first

name, civil status and residence, said proxy holder signed together with Us notary this original deed.

Signé: M. Marangelli, M. Lambrech, R. Carletti, M. Loesch.
Enregistré à Grevenmacher A.C., le 14 avril 2015. GAC/2015/3136. Reçu soixante-quinze euros. 75,00 €.

Le Receveur (signé): G. SCHLINK.

Pour expédition conforme.

Mondorf-les-Bains, le 19 mai 2015.

Référence de publication: 2015074182/53.
(150084579) Déposé au registre de commerce et des sociétés de Luxembourg, le 19 mai 2015.

64332

U X E M B O U R G

REO Cergy Etoile, S.à r.l., Société à responsabilité limitée unipersonnelle.

Siège social: L-1222 Luxembourg, 16, rue Beck.

R.C.S. Luxembourg B 133.646.

Il résulte de la décision des actionnaires en date du 27 février 2015 que:
- Monsieur Stian Nicolai Sobyskogen, né le 13/02/1988 à Oslo, (Norvège) et demeurant professionnellement à 2004

Lillestrom (Norvège), 11, Lundsallèen est nommé avec effet immédiat nouveau gérant en remplacement de Monsieur
Morten Kampli, démissionnaire.

- Le conseil de gérance se compose comme suit:
* Monsieur Marcus Kruus, gérant
* Monsieur Roald Albrigtsen, gérant
* Monsieur Stian Nicolai Sobyskogen, gérant
- Les mandats des gérants se termineront lors de l'assemblée générale annuelle qui se tiendra en 2020.
Son mandat prendra fin lors de l'assemblée générale ordinaire qui se tiendra en 2020. Luxembourg, le 1

avril 2015

Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.

Luxembourg, le 1

avril 2015.

G.T. Experts Comptables S.à.r.l.
Luxembourg

Référence de publication: 2015051390/21.
(150059393) Déposé au registre de commerce et des sociétés de Luxembourg, le 3 avril 2015.

PLANET SUN Luxembourg S.A., Société Anonyme.

Siège social: L-4024 Esch-sur-Alzette, 243, rue de Belval.

R.C.S. Luxembourg B 111.720.

Extrait du procès-verbal de l'assemblée générale extraordinaire de la société PLANET SUN Luxembourg S.A. tenue au

siège de la société en date du 6 mars 2015

L'administrateur décide:
- de prendre acte de la démission de Monsieur Raphael ALEXANDRE de ses mandats d'administrateur et d'adminis-

trateur délégué de la société, avec effet immédiat.

La décision a été prise à l'unanimité.
Après cela, l'assemblée générale extraordinaire est déclarée comme terminée.

PLANET SUN Luxembourg S.A.
Raphaël ALEXANDRE

Référence de publication: 2015051372/16.
(150059020) Déposé au registre de commerce et des sociétés de Luxembourg, le 3 avril 2015.

Brick Wall Investment S.A., Société Anonyme.

R.C.S. Luxembourg B 178.676.

Par la présente, nous dénonçons avec effet immédiat le contrat de domiciliation nous liant avec la société BRICK WALL

INVESTMENT S.A., ainsi que le siège social de la prédite société.

Luxembourg, le 7 avril 2015.

Geoffroy t'Serstevens / Emmanuelle Barczak.

Référence de publication: 2015051607/9.
(150060154) Déposé au registre de commerce et des sociétés de Luxembourg, le 7 avril 2015.

Berkeley Finance S.A. SPF, Société Anonyme - Société de Gestion de Patrimoine Familial.

Siège social: L-2146 Luxembourg, 63-65, rue de Merl.

R.C.S. Luxembourg B 184.616.

Les comptes annuels au 31 décembre 2014 ont été déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.
Référence de publication: 2015051596/9.
(150059643) Déposé au registre de commerce et des sociétés de Luxembourg, le 7 avril 2015.

64333

U X E M B O U R G

Arabesque SICAV, Société d'Investissement à Capital Variable.

Siège social: L-1445 Strassen, 4, rue Thomas Edison.

R.C.S. Luxembourg B 188.325.

Im Jahre zweitausendundfünfzehn, am sechsten Mai.
Vor Notar Henri HELLINCKX, mit Amtssitz in Luxemburg,
Sind die Aktionäre der Investmentgesellschaft mit variablem Kapital („société d'investissement à capital variable“) in

Form einer Aktiengesellschaft “Arabesque SICAV“, mit Sitz in Strassen, eingetragen im Handels- und Gesellschaftsregister
unter der Nummer B 188325, zu einer außerordentlichen Gesellschafterversammlung zusammengetreten.

Die Gesellschaft wurde gegründet gemäß notarieller Urkunde vom 1. Juli 2014, veröffentlicht im Mémorial C Nummer

1931 vom 24. Juli 2014.

Die Versammlung wird unter dem Vorsitz von Frau Ursula BERG, Bankangestellte, beruflich wohnhaft in Strassen,

eröffnet.

Die Vorsitzende beruft zur Protokollführerin Frau Olga KIRILLOVA, Bankangestellte, beruflich wohnhaft in Strassen.
Die Versammlung bestimmt zur Stimmzählerin Frau Vera AUGSDÖRFER, Bankangestellte, beruflich wohnhaft in

Strassen.

Sodann stellt die Vorsitzende gemeinsam mit den Versammlungsteilnehmern Folgendes fest:
I.- Die gegenwärtige Generalversammlung wurde einberufen durch Einladungen mit der hiernach angegebenen Tage-

sordnung veröffentlicht:

- im Mémorial C, vom 16. April 2014 und vom 27. April 2015
- in der Tageszeitung „Tageblatt“ am 16. April 2015 und am 27. April 2015
- auf der Homepage der IPConcept (Luxemburg) S.A.
II.- - Die anwesenden oder vertretenen Aktieninhaber und die Anzahl der von ihnen gehaltenen Aktien sind auf einer

Anwesenheitsliste, unterschrieben von den Aktieninhabern oder deren Bevollmächtigte, dem Versammlungsbüro und dem
unterzeichneten Notar, aufgeführt. Die Anwesenheitsliste sowie die Vollmachten bleiben gegenwärtiger Urkunde beigefügt
um mit derselben einregistriert zu werden.

III.- Aus der Anwesenheitsliste ergibt sich, dass von den 144.057 sich im Umlauf befindenden Aktien, 129.185 Aktien

bei der außerordentlichen Generalversammlung vertreten sind, sodass die Generalversammlung regelrecht zusammenge-
setzt ist und über alle Tagesordnungspunkte, welche den Aktionären bekannt sind, beschließen kann.

IV.- Diese Tagesordnung hat folgenden Wortlaut:

Tagesordnung

1. Anpassung des Artikel 4 der Satzung.
Aktualisierung von Verweisen und Definition des Begriffs Derivate
2. Anpassung des Artikel 14 der Satzung.
Die Aufzählung zu den möglichen Annahmestellen für Zeichnungsscheine wird um die Investmentgesellschaft erweitert.
3. Anpassung des Artikel 15 der Satzung.
Die Beschränkung und Einstellung der Ausgabe von Aktien wird um Anwendungsfälle ergänzt und die Definition eines

US-Bürgers gestrichen.

4. Anpassung Artikel 16 und 31 der Satzung.
Redaktionelle Änderungen hinsichtlich der Präzisierung des Wortlautes
5. Anpassung Artikel 35 der Satzung.
Transaktionskosten, die im Zusammenhang mit den Wertpapiergeschäften in Anteile anderer OGAW oder OGA an-

fallen, sollen vom jeweiligen Teilfonds getragen werden.

Die jeweiligen Änderungen treten mit Wirkung zum 13. Mai 2015 in Kraft.
Ein Entwurf der neuen Satzung ist am Sitz der Investmentgesellschaft erhältlich.
Sodann traf die Versammlung nach Beratung einstimmig folgenden Beschluss:

Beschluss

Die Generalversammlung beschließt die Satzung wie in der Tagesordnung angegeben abzuändern und wie folgt neu-

zufassen:

I. Name, registered office and purpose of the Investment Company

Art. 1. Name. An Investment Company in the form of a company limited by shares shall herewith be formed as a “Société

d'investissement à capital variable“ under the name Arabesque SICAV (“Investment Company”). The Investment Company
is an umbrella company that shall contain several sub-funds ("sub-funds").

64334

U X E M B O U R G

Art. 2. Registered office. The registered office is in Strassen in the Grand Duchy of Luxembourg.
On the basis of a simple decision by the Board of Directors of the Investment Company ("Board of Directors"), the

registered office of the Company may be relocated to another place within the district of Strassen. Furthermore, the Com-
pany may set up branches and other offices in other locations both within the Grand Duchy of Luxembourg and abroad.

In the event of an existing or the impending threat of a political or military nature or any other emergency brought about

by force majeure outside the control, responsibility and sphere of influence of the Investment Company and if this situation
has a detrimental impact on the daily business of the company or influences transactions between the location of the
registered office of the company and other locations abroad, the Board of Directors shall be entitled by way of majority
decision to temporarily relocate the registered office of the company abroad for the purpose of re-establishing normal
business relations. However, in this case the Investment Company shall retain the Luxembourg nationality.

Art. 3. Purpose.
1. The exclusive purpose of the Investment Company is the investment in securities and/or other permissible assets in

accordance with the principle of risk diversification pursuant to Part I of the Law of the Grand Duchy of Luxembourg dated
17 December 2010 relating to undertakings for collective investment (“Law of 17 December 2010”), with the aim of
achieving a reasonable performance to the benefit of the shareholders by following a specific investment policy.

2. Taking into consideration the principles set out in the Law dated 17. December 2010 and the Law dated 10 August

1915 concerning commercial companies (including subsequent amendments and supplements) (“Law of 10 August 1915”),
the Investment Company may carry out all transactions that are necessary or beneficial for the fulfilment of the Company's
purpose.

Art. 4. General investment principles and restrictions. The objective of the investment policy of the individual sub-funds

is to achieve reasonable capital growth in the respective currency of the sub-fund (as defined in Article 12(2) of the Articles
of Association in conjunction with the relevant Annex to this Sales Prospectus). Details of the investment policy of each
sub-fund are contained in the relevant Annexes to this Sales Prospectus.

The following general investment principles and restrictions apply to all sub-funds, insofar as no deviations or supple-

ments are contained in the relevant Annex to this Sales Prospective for a particular sub-fund.

The respective sub-fund assets are invested pursuant to the principle of risk diversification within the meaning of the

provisions of Part I of the Law of 17. December 2010 and in accordance with the following investment policy principles
and investment restrictions.

Each sub-fund may buy and sell only those assets that can be valued in accordance with the general valuation criteria

set out in Article 12 of the Articles of Association.

1. Definitions:
a) “regulated market”
A “regulated market” refers to a market for financial instruments in the sense of Article 4(21) of Directive 2014/65/EU

of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments amending Directive
2002/92/EC and Directive 2011/61/EU.

b) “securities”
The term “securities” includes:
- shares and other securities equivalent to shares (hereinafter “shares”),
- bonds, debentures and other securitized debt instruments (hereinafter “debt instruments”),
- all other marketable securities that entitle the purchase of securities via subscription or exchange.
- Excluded are the techniques and instruments specified in Article 42 of the Law of 17. December 2010.
c) “money market instruments”
The term “money market instruments” refers to instruments that are normally traded on the money markets, that are

liquid and the value of which can be determined at any time.

d) “UCI”
undertaking for collective investment
e) "Undertakings for collective investment in transferable securities (“UCITS”)"
f) “derivatives”
The term “derivatives” includes, inter alia, option rights, swaps and futures contracts to securities, money market in-

struments, financial indices within the meaning of Article 9(1) of Directive 2007/16/EC and Article XIII of the ESMA
Guidelines 2014/937, interest rates, exchange rates, currencies and investment funds pursuant to Article 41(1)(e) of the
Act of 17 December 2010.

For each UCITS that consists of multiple sub-funds, each sub-fund is considered to be its own UCITS for purposes of

applying the investment limits.

2. Only the following categories of securities and money market instruments may be purchased:
a) those that have been admitted to a regulated market as defined in Directive 2004/39/EC or are traded on it;

64335

U X E M B O U R G

b) securities and money market instruments that are traded on another regulated market in an EU Member State (“Member

State”) which is recognised, open to the public and whose manner of operation is in accordance with the regulations;

c) those that are officially quoted on a stock exchange in a non-Member State of the European Union or on another

regulated market of a non-Member State of the European Union which is recognised, open to the public and whose manner
of operation is in accordance with the regulations,

d) securities and money market instruments from new issues, insofar as the issue conditions contain the obligation that

admission to official listing on a stock exchange or on another regulated market which is recognised, open to the public
and whose manner of operation is in accordance with the regulations be applied for and that this will take place no later
than one year from the date of issue.

The securities and money market instruments referred to in No. 2 c) and d) shall be officially quoted or traded in North

America, South America, Australia (including Oceania), Africa, Asia and/or Europe.

e) units in undertakings for collective investment in transferable securities (“UCITS”), which have been admitted in

accordance with Directive 2009/65/EC, and/or other undertakings for collective investment (“UCI”) in the sense of Article
1(2) a) and b) of Directive 2009/65/EC, irrespective of whether their registered office is in a Member State or a non-Member
State, purchased insofar as

- these UCIs have been admitted in accordance with such legal provisions which subject them to supervision that, in the

opinion of the Luxembourg supervisory authorities, is equivalent to supervision in keeping with EU law and that there are
sufficient guarantees for cooperation between the authorities (at present the United States of America, Canada, Switzerland,
Hong Kong, Japan, Norway and Liechtenstein),

- the degree of protection of the shareholders of these UCI is equivalent to that of the shareholders of a UCITS, and

particularly the provisions concerning the separated custody of assets, borrowing, granting credit and short sales of securities
and money market instruments are equivalent to the requirements of Directive 2009/65/EC,

- the business activities of the UCIs are the subject of semi-annual and annual reports which permit a judgement to be

made concerning the assets and the liabilities, income and transactions in the reporting period,

- the UCITS or other UCIs whose shares are to be acquired can, in accordance with its terms of agreement or its Articles

of Association, invest a maximum of 10% of its assets in shares of other UCITS or UCIs,

f) sight deposits or other callable deposits with a maturity period of 12 months at the most, transacted at credit institutions,

provided the institution concerned has its registered office in a Member State of the EU, the OECD or the FATF or, if the
registered office is in a third country, it is subject to supervisory provisions which are, in the opinion of the Luxembourg
supervisory authorities, equivalent to those of EU law;

g) derivative financial instruments (“derivatives”), including equivalent instruments settled in cash, which are traded

on one of the regulated markets stated in sub-paragraphs a), b) or c) above, and/or derived financial instruments that are
not traded on a stock exchange (“OTC derivatives”), provided

- the underlying assets are instruments within the meaning of Article 41 (1) of the Law of 17 December 2010 or financial

indexes, interest rates, exchange rates or currencies in which the Fund may invest in accordance with the Sales Prospectus
(including Annexes) and the investment objectives stated in the Investment Company's Articles of Association,

- the counterparty to transactions with OTC derivatives are institutions subject to a supervisory authority of the categories

permitted by the Luxembourg supervisory authority and are specialised in this type of business,

- the OTC derivatives are subject to a reliable and verifiable assessment on a daily basis and can at any time, at the

Investment Company's initiative, be sold, liquidated or closed-out by a transaction at a reasonable current value.

h) money market instruments which are not traded on a regulated market and which come under the definition of Article

1 of the Law of 17. December 2010, if the issue or the issuer of those instruments is already subject to provisions governing
the protection of deposits and investors, and provided they are

- issued or guaranteed by a central, regional or local corporation or the central bank of a Member State, the European

Central Bank, the EU or the European Investment Bank, a non-member state or, insofar as a Federal state, a constituent
state of the Federation, or by an international sales agency under by public law, to which at least one Member State belongs,
or

- negotiated by a company whose securities are traded on the regulated markets indicated in letters a), b) or c) of this

Article, or

- issued or guaranteed by an institute which is, in accordance with the criteria set out in EU law, subordinated to a

supervisory authority, or an institute which, in the opinion of the Luxembourg supervisory authority, is subject to super-
visory provisions which are at least as rigorous as those of EU law and which complies with them, or

- issued by other issuers which belong to a category that has been approved by the Luxembourg supervisory authorities,

insofar as, for investments in such instruments, regulations for investor protection are in force that are equivalent to those
of the first, second or third bullet points, and insofar as this involves an issuer which is either a company with equity of at
least EUR 10 million, which provides and publishes its annual financial statements in keeping with Directive 78/660/EEC,
or a legal entity which is, within a group encompassing one or more companies quoted on the stock exchange, responsible
for financing that group, or else a legal entity whose task is to collateralize liabilities through the provision of a credit line
granted by a bank.

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3. However, up to 10% of the particular net sub-fund assets can be invested in other securities and money market

instruments than those mentioned in no. 2 of this Article;

4. Techniques and instruments
a) Under the conditions and limitations set out by the Luxembourg supervisory authorities, each sub-fund may employ

techniques and instruments that have as their underlying assets securities and money market instruments, if such use is in
order to enable the efficient management of the sub-fund assets. If derivatives are used in such transactions, the conditions
and limits must comply with the Law of 17. December 2010.

Furthermore, when making use of techniques and instruments, it is not permitted for the relevant net sub-fund assets to

depart from the investment objectives set out in the Sales Prospectus (including Annex) and the Investment Company's
Articles of Association.

b) The Investment Company must ensure that the overall risk from derivatives does not exceed the total net value of its

portfolio.

The total risk of the Fund may double as a result of the usage of derivative financial instruments and is therefore limited

to 200% of net fund assets. The Management Company employs a risk management procedure that takes into account the
supervisory requirements in Luxembourg and that enables it to monitor and assess the risk connected with investment
holdings as well as their share in the total risk profile of the investment portfolio at any time. The procedure used for the
corresponding sub-fund to measure risk as well as any more specific information is stated in the Annex for the respective
sub-fund. As part of its investment policy and within the limits laid down by Article 43(5) of the Law of 17 December
2010, the net sub-fund assets may be invested in derivatives as long as the total risk of the underlying assets does not exceed
the investment limits in Article 43 of the Law of 17 December 2010. If the respective sub-fund invests in index derivatives,
such investments will not be taken into account for the investment limits referred to in Article 43 of the Law of 17. December
2010.

If a derivative is embedded in a security or money market instrument, it must be taken into account with regard to

compliance with Article 42 of the Law of 17. December 2010.

c) Securities lending
Each sub-fund's portfolio may be lent in order to obtain additional capital or revenue or enter into securities transactions

to reduce its costs or its risks provided such transactions comply with applicable Luxembourg laws and regulations and
Commission de Surveillance du Secteur Financier (“CSSF”) circulars (inter alia CSSF 08/356, CSSF 11/512 and CSSF
14/592).

aa) Each sub-fund may either lend securities directly or through a standardised securities lending system organised by

a recognised securities settlement or clearing institution such as CLEARSTREAM and EUROCLEAR, or by a reputable
financial institution that specialises in such business, which is subject to supervisory provisions that the CSSF considers
to be equivalent to EU stipulations. The counterparty of the securities lending agreement (the borrower) must, in all cases,
be subject to supervisory provisions which the CSSF considers to be equivalent to EU stipulations. Each sub-fund must
ensure that transferred securities may be transferred back as part of any securities lending transaction and that securities
lending transactions already entered into may be terminated. If the borrower is acting on its own account, it shall be
considered to be the counterparty of the securities lending agreement. If the sub-fund lends its securities to companies
which are connected to the Fund by way of a managerial or control relationship, attention must be paid to any conflicts of
interest that may arise. The Fund must receive collateral in accordance with the supervisory requirements in respect of the
counterparty risk and collateral provision either beforehand or at the time the loaned securities are transferred. At the
maturity of the securities lending agreement, the collateral must be transferred back at the same time or following the return
of the loaned securities. In the case of a standardised securities lending system organised by a recognised securities set-
tlement institution or a securities lending system organised by a financial institution which is subject to supervisory
provisions that the CSSF considers to be equivalent to EU stipulations, and which specialises in this type of business, the
transfer of the loaned securities may take place before receipt of the collateral if the agent (intermediary) guarantees the
proper execution of the transaction. Such agent may, instead of the borrower, provide the sub-fund with collateral that
meets supervisory requirements in terms of counterparty risk and collateral provision.

bb) Each sub-fund must ensure that the scope of any securities lending business is kept to a reasonable level or must be

able to request the return of the loaned securities in such a way that it is possible at all times for it to meet its return obligation
and ensure that such transactions do not negatively affect the administration of the sub-fund's assets as stated in its invest-
ment policy. The sub-fund must ensure that it receives collateral in respect of each securities lending transaction and that
the value of the collateral over the entire term of the lending transaction is equal to at least 90% of the total market value
(including interest, dividends and any other claims) of the loaned securities.

cc) Receipt of appropriate collateral
Each sub-fund may include collateral in accordance with the requirements stated here in order to take into consideration

the counterparty risk with transactions that include repurchase rights.

The sub-fund must revalue the collateral received on a daily basis. The agreement between the sub-fund and the coun-

terparty must stipulate that the provision of additional collateral might be required the counterparty within an extremely
short timescale if the value of the collateral already provided proves to be insufficient in relation to the amount to be secured.

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U X E M B O U R G

In addition, the agreement must stipulate collateral margins which take into consideration the currency or market risks that
are associated with the assets accepted as collateral.

Any collateral which is not provided in shares/units of a UCI/UCITS must be issued by a company which is not connected

to the counterparty.

5. Securities repurchase agreements
Each sub-fund may participate in repurchase agreements, to the total of its net assets provided that these agreements of

the buying and selling of securities and contain the right or the obligation for the seller to buy the sold securities back from
the purchaser at a particular price and within a particular time period, which will be agreed between the parties at the time
of completion of the agreement.

The sub-fund may effect repurchase transactions either as a buyer or a seller. However, any transactions of this kind are

subject to the following guidelines:

a) Securities may only be bought or sold via a repurchase agreement if the other party to the agreement is a reputable

financial institution that specialises in this type of transaction.

b) During the term of the repurchase agreement, the securities referred to in the agreement may not be sold before

exercise of the right to repurchase the securities or before expiry of the repurchase period.

When the Management Company concludes a repurchase agreement, it must ensure that it is able, at any time, to recall

the full amount of cash or to terminate the repurchase agreement on either an accrued basis or a market-to-market basis.
In addition, the Management Company must ensure that it is able, at any time, to recall any transferable securities subject
to the repurchase agreement and to terminate the repurchase agreement into which it has entered.

6. Risk diversification
a) A maximum of 10% of net sub-fund assets may be invested in securities or money market instruments of a single

issuer. The sub-fund may not invest more than 20% of its assets in a single institution.

The default risk in transactions of the Investment Company or its sub-funds involving OTC derivatives must not exceed

the following rates:

- 10% of the net sub-fund assets, if the counterparty is a credit institution in the sense of Article 41(1) f) of the Law of

17 December 2010, and

-5 % of the net sub-fund assets in all other cases.
b) The total value of the securities and money market instruments of issuers in whose securities and money market

instruments more than 5% of the net assets of a particular sub-fund are invested must not exceed 40% of the net sub-fund
assets in question. This restriction does not apply to investments and transactions in OTC derivatives carried out with
financial institutions that are subject to supervision.

Irrespective of the individual upper limits in a), a maximum of 20% of the sub-fund's assets may be invested in a single

institution in a combination of

- Securities or money-market instruments issued by such establishment and/or
- deposits in that institution and/or
- OTC derivatives acquired from that institution
c) The investment limit of 10% of the net sub-fund assets referred to in point 6 a), sentence 1 of this Article shall be

increased to 35% of the net assets of the respective sub-fund in cases where the securities or money market instruments to
be purchased are issued or guaranteed by a Member State, its local authorities, a non-member state or other international
organisations under public law, to which one or more Member States belong.

d) The investment limit of 10% of the net sub-fund assets referred to in point 6 a), sentence 1 of this Article shall be

increased to 25% of the net assets of the respective sub-fund in cases where the bonds to be purchased are issued by a credit
institution which has its registered office in an EU Member State and is by law subject to a specific public supervision, via
which the bearers of such bonds are protected. In particular, the proceeds arising from the issue of such debt instruments
must, by law, be invested in assets which, up to the maturity of the debt instruments, provide adequate cover for the resulting
obligations and which, by means of preferential rights, are available as security for the reimbursement of the principal and
the payment of accrued interest in the event of default by the issuer.

If more than 5% of the respective net sub-fund assets are invested in bonds issued by such issuers, the total value of the

investments in those bonds must not exceed 80% of the respective net sub-fund assets.

e) The restriction of the total value to 40% of the respective net sub-fund assets set out in point 6 b), first sentence, of

this Article does not apply in the cases referred to in c), d).

f) The investment limits of 10%, 35% or 25% of net sub-fund assets, as set out in no. 6 a) to d) of this Article, must not

be regarded cumulatively but rather in total a maximum of 35% of the net sub-fund assets may be invested in securities
and money market instruments of the same issuer or in investments or derivatives at the same issuer.

Companies which, with respect to the preparation of consolidated financial statements, within the meaning of Directive

83/349/EEC of the European Council of 13 June 1983, on the basis of Article 54(3) g) of the Agreement on Consolidated
Financial Statements (OJ L 193 of 18 July 1983, p.1) or recognised international accounting rules, belong to the same group

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U X E M B O U R G

of companies are to be regarded as a single issuer when calculating the investment limits stated in point 6 a) to f) of this
Article.

Each sub-fund is permitted to invest 20% of its net sub-fund assets in securities and money market instruments of one

and the same company group.

g) Irrespective of the investment limits set out in Article 48 of the Law of 17 December 2010, up to 20% of a sub-fund's

net assets may be invested in shares and debt instruments of a single issuer if the objective of the sub-fund's investment
policy is to track a share or debt instrument index recognised by the Luxembourg supervisory authority. However, this is
conditional upon the fact that:

- the composition of the index is sufficiently diversified,
- the index presents an adequate base level for the market to which it refers, and
- the index is published in a reasonable manner.
The above-mentioned investment limit is increased to 35% of the net assets of the respective sub-fund under exceptional

market conditions, particularly on regulated markets on which certain securities or money market instruments strongly
dominate. This investment limit applies only to the investment in a single issuer.

It will be stated in the corresponding Annex to the Investment Company's Sales Prospectus whether use has been made

of this possibility for each sub-fund.

h) Notwithstanding the conditions set forth in Article 43 of the Law of 17 December 2010 and whilst simultaneously

observing the principle of risk diversification, up to 100% of the net sub-fund assets may be invested in securities and
money market instruments that are issued or guaranteed by an EU Member State, its local authorities, an OECD Member
State or international organisations to which one or more EU Member States belong. In all cases the securities in a particular
sub-fund must originate from at least six different issues and the value of securities originating from one and the same issue
must not exceed 30% of the net sub-fund assets.

i) A sub-fund may not invest more than 10% of its net assets in UCITS or UCI pursuant to sub-paragraph 2 e) of this

Article, unless otherwise stipulated in the specific Annex to the Sales Prospectus for the respective sub-fund. Insofar as the
investment policy of the respective sub-fund provides for an investment of more than 10% of the respective net sub-fund
assets in UCITS or UCI pursuant to sub-paragraph 2 e) of this Article, the following letters j) and k) shall apply.

j) The sub-fund may not invest more than 20% of its net sub-fund assets in units of one and the same UCITS or one and

the same UCI, pursuant to Article 41(1)(e) of the Law of 17 December 2010. For the purposes of applying this investment
restriction, each sub-fund of a UCI with several sub-funds is treated as a separate issuer, provided that the principle of
separation of the liabilities of the individual sub-funds is ensured with regard to third parties.

k) The sub-fund may not invest more than 30% of the net sub-fund assets in UCIs other than UCITS. If the sub-fund

has acquired units of another UCITS and/or other UCI, the assets of the UCITS or other UCI in question are not taken into
account in respect of the upper limits referred to 6(a)-(f).

l) If a UCITS acquires shares of another UCITS and/or another UCI which are managed, directly or on the basis of a

transfer, by the same management company as the Investment Company (if this applies) and its sub-funds, or a company
with which this management company is connected through common management or control or an essentially direct or
indirect participation of more than 10% of the capital or votes, no fees may be charged for the subscription or redemption
of the shares of this other UCITS and/or UCI by the UCITS (including front-load fees and redemption fees).

In general, a management fee may be charged upon acquisition of units in target funds at the level of the target fund,

and allowance must be made for any front-load fee or redemption fees, if applicable. The Investment Company and/or its
sub-funds will not invest in target funds which are subject to a management fee of more than 3%. The Investment Company's
annual report will contain information for each sub-fund on the maximum amount of the management fee incurred by the
sub-fund and the target funds.

m) A sub-fund of an umbrella fund may also invest in other sub-funds of the same umbrella fund. In addition to the

conditions for investing in target funds mentioned above, the following conditions apply to investments in target funds that
are also sub-funds of the same umbrella fund:

- Circular investments are not permitted. This means that the target sub-funds cannot themselves invest in the sub-funds

of the same umbrella fund which itself invests in the target sub-fund.

- the sub-funds of an umbrella fund that are to be acquired from other sub-funds of the same umbrella fund may, pursuant

to their Management Regulations and/or Articles of Association, invest a maximum of 10% of their special assets in units
of other target funds of the same umbrella fund,

- Voting rights from holding units in target funds that are simultaneously target funds of the same umbrella fund are

suspended as long as these units of a sub-fund of the same umbrella fund are held. This rule does not affect the appropriate
recording of this in the annual accounts and the periodic reports,

- as long as a sub-fund holds units in another sub-fund of the same umbrella fund, the units of the target sub-fund are

not taken into account in the calculation of net asset value, to the extent that the calculation serves to determine whether
the legal minimum capital of the umbrella fund has been obtained, and

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U X E M B O U R G

- if a sub-fund acquires units of another sub-fund of the same umbrella fund there may be no double charging of

management, subscription or redemption fees at the level of the sub-fund that has invested in the target sub-fund of the
same umbrella fund.

n) It is not permitted to buy shares for the Investment Company or its sub-funds with voting rights that would allow it

to exert a considerable influence on the management of an issuer.

o) Additionally, the Investment Company or its sub-funds may purchase
- up to 10% of non-voting shares of one and the same issuer,
- up to 10% of the debentures issued by one and the same issuer,
- not more than 25% of shares issued of one and the same UCITS and/or UCI and
- not more than 10% of the money market instruments of a single issuer.
p) The investment limits stated in point 6 n) and o) do not apply in the case of:
- securities and money market instruments which are negotiated or guaranteed by an EU Member State or its local

authorities, or by a state which is not a member of the European Union;

- securities and money market instruments issued by an international authority under public law, to which one or more

EU Member States belong.

- shares which a sub-fund owns in the capital of a company from a non-member state which fundamentally invests its

assets in securities of issuers having their registered office in that country, if, due to the legal conditions of that country,
such a shareholding is the only way for the sub-fund to invest in securities of issuers from that country. However, this
exception shall only apply under the prerequisite that the company of the country outside the EU observes in its investment
policy the limits laid out in Articles 43, 46 and 48 (1) and (2) of the Law of 17. December 2010. In the event that the limits
set out in Articles 43 and 46 of the Law of 17 December 2010 are exceeded, Article 49 of the Law of 17 December 2010
shall apply accordingly.

7. Liquid funds
The sub-fund's net assets may also be held in liquid funds in the form of investment accounts (current accounts) and

overnight money, but only on an ancillary basis.

8. Loans and encumbrance prohibition
a) A particular sub-fund must not be pledged or otherwise encumbered, made over or transferred as collateral, unless

this involves borrowing in the sense of b) below or the provision of security within the framework of a settlement of
transactions with financial instruments.

b) Loans encumbering a particular sub-fund may only be taken out for a short period of time and may not exceed 10%

of the net sub-fund assets. An exception to this is the acquisition of foreign currencies through back-to-back loans.

c) The respective net fund assets may neither grant loans nor act as guarantor on behalf of third parties. However, this

does not preclude the acquisition of securities, money market instruments or other financial instruments that are not fully
paid-up in accordance with Article 41 paragraphs 1) e), g) and h) of the Law of 17. December 2010.

d) The sub-fund may take out loans of up to 10% of its net assets, if this loan is intended for the purchase of property

and is essential for the performance of its activities. In this case, the loans and the loan set out in letter b) may together not
exceed 15% of the net sub-fund assets.

9. Further investment guidelines
a) The short selling of securities is not permitted.
b) sub-fund assets must not be invested in property, precious metals or certificates concerning precious metals, precious

metal contracts, goods or goods contracts.

c) A sub-fund must not enter into any obligations which, together with the loans under point 8 b) of this Article, exceed

10% of the respective net sub-fund assets.

10. The investment restrictions referred to in this Article relate to the time when the securities are acquired. If the

percentages are subsequently exceeded as a result of price changes or for reasons other than additional purchases, the
Management Company shall immediately seek to return to the specified limits, taking into account the interests of the
shareholders.

II. Duration, merger and liquidation of the Investment Company or of one or several sub-funds

Art. 5. Duration of the Investment Company. The Investment Company has been set up for an indefinite period.

Art. 6. Merger of the Investment Company or of one or several sub-funds.
1. The Investment Company may determine on the basis of a resolution of the general meeting that the Investment

Company shall be transferred to another UCITS managed by the same Management Company or managed by another
management company in accordance with the following conditions.

The general meeting also votes on the general merger plan. The decisions of the general meeting concerning a merger

require at least a simple majority of the votes of those shareholders present or represented. In the case of mergers whereby

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U X E M B O U R G

the investment company taken over ceases to exist as a result of the merger, the effectiveness of the merger must be contained
in a notarised deed.

2. A sub-fund of the Investment Company may, pursuant to a decision of the Board of Directors of the Investment

Company, be merged into another sub-fund of the Investment Company or another UCITS or a sub-fund of another UCITS.

In cases in which a sub-fund is merged with a sub-fund of a fonds commun de placement, this decision shall only be

binding on those shareholders who have expressed their agreement to the merger.

3. The mergers stated in points 1 and 2 above may be decided in particular in the following cases:
- in so far as the net fund assets or net assets of the sub-fund on a valuation day have fallen below an amount which

appears to be a minimum amount for the purpose of managing the Fund or sub-fund in a manner which makes commercial
sense. The Management Company has set this amount at EUR 5 million.

- If, due to a significant change in the economic or political climate or for reasons of economic profitability, it does not

appear to make economic sense to manage the Fund or sub-fund.

4. The Board of Directors of the Investment Company may decide to absorb another fund or sub-fund managed by the

same or by another management company into the Investment Company or another sub-fund of the Investment Company.

5. Mergers are possible between two Luxembourg funds or sub-funds (domestic merger) or between funds or sub-funds

that are based in two different Member States (cross-border merger).

6. A merger may only be implemented if the investment policy of the Investment Company or fund/sub-fund to be

absorbed does not contradict the investment policy of the absorbing UCITS.

7. The merger is carried out in the form of the dissolution of the fund or sub-fund to be merged and at the same time the

takeover of all assets by the acquiring fund or sub-fund. Investors in the acquired fund shall receive units of the acquiring
fund, the number of which shall be based on the net asset ratio of the respective fund at the time of the merger and, where
applicable, with a settlement for fractions.

8. Both the absorbing fund or sub-fund and the absorbed fund or sub-fund will inform investors in an appropriate manner

of the planned merger via publication in a Luxembourg daily newspaper and as required by the regulations of the respective
countries of distribution of the absorbing or absorbed fund or sub-fund.

9. The investors in the absorbing and the absorbed fund or sub-fund have the right, within 30 days and at no additional

charge, to request the redemption of all or part of their units at the current net asset value or, if possible, the exchange for
units of another fund with a similar investment policy that is managed by the same Management Company or by another
company with which the Management Company is linked by common management or control or by a substantial direct or
indirect holding. This right becomes effective from the date on which the unitholders of the absorbed and of the absorbing
fund have been informed of the planned merger, and it expires five working days before the date of calculation of the
conversion ratio.

10. In the case of a merger between two or more funds or sub-funds, the funds or sub-funds in question may temporarily

suspend the subscription, redemption or conversion of units if such suspension is justified for reasons of protection of the
unitholders.

11. Implementation of the merger will be audited and confirmed by an independent auditor. A copy of the auditor's

report will be made available at no charge to the investors in the absorbing and the absorbed fund or sub-fund and the
respective supervisory authority.

12. The provisions of points 3-11 above also apply to the merger of two sub-funds with the Investment Company and

for the merger of unit classes within the Investment Company.

Art. 7. Liquidation of the Investment Company or of one or several sub-funds.
1. The Investment Company may be liquidated pursuant to a decision of the general meeting. This decision shall be

subject to compliance with the legal provisions specified for the amendment of Articles of Association.

However, if the assets of the Investment Company fall to below two-thirds of the minimum capital, the Board of Directors

of the Investment Company is required to convene a general meeting and to propose the liquidation of the Investment
Company to this meeting. Liquidation shall be approved by a simple majority of shares present and/or represented.

If the assets of the Investment Company fall to below one quarter of the minimum capital, the Board of Directors of the

Investment Company is also required to convene a general meeting and to propose the liquidation of the Investment
Company to this meeting. Liquidation in this case shall be approved by a majority of 25% of shares present and/or repre-
sented at the general meeting.

General meetings will be convened within 40 days of discovery of the fact that the Investment Company's assets have

fallen to below two-thirds or one-quarter of the minimum capital.

The decision of the general meeting to liquidate the Investment Company will be published pursuant to the applicable

legislative provisions.

On the basis of a decision by the Board of Directors of the Investment Company, a sub-fund of the Investment Company

may be liquidated. A liquidation decision may be made in particular in the following cases:

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U X E M B O U R G

- if the net sub-fund assets on a valuation day have fallen below an amount which is deemed to be a minimum amount

for the purpose of managing the sub-fund in a manner which is commercially viable. The Investment Company has set this
amount at EUR 5 million.

- if, due to a significant change in the commercial or political environment or for reasons of commercial profitability,

it is not deemed to be commercially viable to continue to operate the sub-fund.

2. Unless decided otherwise by the Board of Directors, from the date of the decision on the liquidation of the sub-fund

until the date of the conclusion of liquidation, the Investment Company or a sub-fund shall not issue, redeem or exchange
any shares in the Investment Company or a sub-fund.

3. Any net liquidation proceeds that are not claimed by investors by the completion of the liquidation process will be

forwarded by the Custodian Bank after the completion of the liquidation process to the Caisse des Consignations in the
Grand Duchy of Luxembourg on behalf of the entitled shareholders. These sums will be forfeited if they are not claimed
within the statutory period.

III. Sub-funds and duration of one or several sub-funds

Art. 8. The sub-funds.
1. The Investment Company consists of one or several sub-funds. The Board of Directors is entitled to launch further

sub-funds at any time. In this case the Sales Prospectus shall be amended accordingly.

2. Each of the sub-funds is considered an independent fund with regard to the legal relationships of the shareholders

amongst each other. The rights and obligations of the shareholders of a sub-fund are entirely separate to the rights and
obligations of shareholders of the other sub-funds. Each individual sub-fund shall only be liable for claims of third parties
that relate to that specific sub-fund.

Art. 9. Duration of the individual sub-funds. The sub-funds may be set up for specified or unspecified periods. Details

on the duration of each sub-fund are contained in the respective Annexes to the Sales Prospectus.

IV. Capital and shares

Art. 10. Capital. The capital of the Investment Company corresponds at all times to the total of the net sub-fund assets

of all the Investment Company's sub-funds (“net assets of the company”) pursuant to Article 12(4) of these Articles of
Association, and is represented by fully paid-up shares of no par value.

The initial capital of the Investment Company on formation amounts to EUR 31,000 divided into 310 shares of no par

value.

Pursuant to the law of the Grand Duchy of Luxembourg, the minimum capital of the Investment Company must be the

equivalent of EUR 1,250,000 and this must be attained within a period of six months after approval of the Investment
Company by the Luxembourg supervisory authorities. The basis for this will be the net assets of the company.

Art. 11. Shares.
1. Shares are shares in the respective sub-fund. Shares shall be certificated by share certificates. The shares of the

respective sub-fund shall be issued in the certificates and denominations stated in the appendix to the specific sub-fund.
Registered shares will be entered into the share register kept for the Investment Company by the registrar and transfer
agent. Confirmation of entry of the shares in the share register will be sent to the shareholders to the address specified in
the share register. The shareholders shall not be entitled to the physical delivery of share certificates in respect of bearer
shares or registered shares.

2. In order to ensure the smooth transfer of shares, an application will be made for the shares to be held in collective

custody.

3. All disclosures and notifications by the Investment Company to the shareholders will be sent to the address in the

share register. If a shareholder fails to provide such address, the Board of Directors may decide that a corresponding note
be entered into the share register. In this case, the shareholder will be treated as if his address were the registered office of
the Investment Company until such time the shareholder provides the Investment Company with a different address.
Shareholders may amend the address entered into the share register at any time by way of written notification to be sent to
the registered office of the registrar and transfer agent or to another address to be specified by the Board of Directors.

4. The Board of Directors is authorised to issue an unlimited number of fully paid-up shares at any time, without the

need to grant existing shareholders a preferential right of subscription to newly issued shares.

5. Share certificates will be signed by two members of the Board of Directors or by one member of the Board of Directors

and an agent authorised by the Board of Directors to act as signatory.

Signatures of members of the Board of Directors may either be by hand, in printed form or by way of name stamp. An

authorised agent must provide a handwritten signature.

6. All shares in a sub-fund fundamentally have the same rights unless the Board of Directors decides to issue different

classes of share within the same sub-fund pursuant to the following subparagraph of this Article.

7. The Board of Directors may decide from time to time to have two or more share classes within one sub-fund. The

share classes may have different characteristics and rights in terms of the use of income, fee structure or other specific

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characteristics and rights. From the date of issue, all shares entitle the holder or bearer to participate equally in income,
share price gains and liquidation proceeds in their particular share category. If share classes are formed for a particular sub-
fund, details of the specific characteristics or rights for each share class are contained in the corresponding Annex to the
Sales Prospectus.

Art. 12. Calculation of the net asset value per share.
1. The net assets of the Investment Company are shown in US-Dollar (USD) (“reference currency”).
2. The value of a share ("net asset value per share") is denominated in the currency laid down in the relevant Annex to

the Sales Prospectus (“sub-fund currency”), unless any other currency is stipulated for any other share classes in the relevant
Annex to the Sales Prospectus (“share class currency”).

3. The net asset value per share is calculated by the Investment Company or a third party commissioned for this purpose

by the Investment Company, under the supervision of the Custodian Bank, on each banking day in Luxembourg with the
exception of 24 and 31 December of each year (“valuation day”). The Board of Directors may decide to apply different
regulations to individual funds, but the net asset value per share must be calculated at least twice each month.

4. In order to calculate the net asset value per share, the value of the assets of each sub-fund, less the liabilities of each

sub-fund (“net sub-fund assets”) is determined on each day specified in the relevant Annex ("valuation day") and this is
divided by the number of shares in circulation in the respective sub-fund on the valuation day. The Management Company
can, however, decide to determine the unit value on the 24 and 31 December of a year without these determinations of
value being calculations of the unit value on a valuation day within the meaning of the above clause 1 of this point 4.
Consequently, the shareholders may not demand the issue, redemption or exchange of shares on the basis of a net asset
value determined on 24 December and/or 31 December of a year.

5. Insofar as information on the situation of the net assets of the company must be specified in the annual or semi-annual

reports and/or other financial statistics pursuant to the applicable legislative provisions or in accordance with the conditions
of these Articles of Association, the value of the assets of each sub-fund will be converted to the reference currency. The
net sub-fund assets will be calculated according to the following principles:

a) Securities which are officially listed on a stock exchange are valuated at the last available market price. If a security

is officially listed on more than one stock exchange, the last available listing on the stock exchange which represents the
major market for this security shall apply.

b) Securities not officially listed on a securities exchange but traded on a regulated market will be valued at a price that

may not be lower than the bid price and not higher than the offered price at the time of valuation and which the Investment
Company deems in good faith to be the best possible price at which the securities can be sold.

c) OTC derivatives shall be evaluated on a daily basis using a method to be determined and validated by the investment

company in good faith on the basis of the sale value that is likely attainable and using generally accepted valuation models
which can be verified by an auditor.

d) UCITS and UCIs are valuated at the most recently established and available redemption price. In the event that the

redemption of the investment units is suspended, or no redemption prices are established, these units together with all other
assets will be valued at their appropriate market value, as determined in good faith by the Management Company and in
accordance with generally accepted valuation standards approved by the auditors.

e) If the respective prices are not fair market prices and if no prices are set for securities other than those listed under

paragraphs a) and b), these securities and the other legally permissible assets will be valued at the current trading value,
which will be established in good faith by the Investment Company on the basis of the sale value that is in all probability
achievable.

f) Liquid funds are valued at their nominal value plus interest.
g) The market value of securities and other investments which are denominated in a currency other than the currency

of the relevant sub-fund shall be converted into the currency of the sub-fund at the last mean rate of exchange. Gains and
losses from foreign exchange transactions will on each occasion be added or subtracted.

Any distributions paid out to sub-fund shareholders will be deducted from the net assets of the sub-fund.
6. The net asset value per share is calculated separately for each sub-fund pursuant to the aforementioned criteria.

However, if there are different share classes within a sub-fund, the net asset value per share will be calculated separately
for each share class within this fund pursuant to the aforementioned criteria. The composition and allocation of assets
always occurs separately for each sub-fund.

Art. 13. Suspension of the calculation of the net asset value per share.
1. The Investment Company is authorised to temporarily suspend calculation of the net asset value per share if and as

long as circumstances exist necessitating the suspension of calculations and if the suspension is in the interests of the
shareholders, in particular:

a) when a stock exchange or another regulated market on which a significant number of the assets are quoted or traded

is closed for reasons other than a normal statutory or bank holiday or when trading on this stock exchange or regulated
market is suspended or restricted;

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b) in emergency situations in which the Investment Company cannot freely access of the assets of a sub-fund or in which

it is impossible to transfer the transaction value of investment purchases or sales freely or when the net asset value per
share cannot be properly calculated.

c) if disruptions in the communications network, or any other reason, make it impossible to calculate the value of a

considerable part of the net assets either quickly or sufficiently.

The issue, redemption and exchange of shares shall also be suspended whilst the calculation of the net asset value per

share is temporarily suspended. The temporary suspension of the calculation of the net asset value per share of the shares
within a sub-fund shall not lead to the temporary suspension of other sub-funds that are not affected by that event.

2. Shareholders who have placed a subscription, redemption or exchange order shall be immediately informed of the

discontinuation of the calculation of the net asset value per share.

3. Subscription, redemption and exchange orders shall be automatically forfeited if the calculation of the net asset value

is suspended. The shareholders or potential shareholders will be informed that after the resumption of the calculation of
the net asset value the subscription, redemption or exchange orders must be resubmitted.

Art. 14. Issue of shares.
1. Shares are always issued on the initial issue date of a sub-fund or within the initial issue period of a sub-fund at a set

initial issue price, plus the front-load fee, in the manner described in the respective sub-fund Annex to the Sales Prospectus.
In conjunction with this initial issue amount or this initial issue period, shares will be issued on the valuation day at the
issue price. The issue price is the net asset value per share pursuant to Article 14(4) of the Articles of Association, plus a
front-load fee, the maximum amount of which is stated for each sub-fund in the respective Annex to this Sales Prospectus.

The issue price can be increased by fees or other encumbrances in particular countries where the Fund is on sale.
2. Subscription applications for the acquisition of registered shares can be submitted to the Management Company or

the Investment Company, Custodian Bank, registrar and transfer agent and paying agents. The receiving agents are obliged
to immediately forward all complete subscription applications to the registrar and transfer agent. The date of receipt by the
registrar and transfer agent ("relevant agent") is decisive. Said agent accepts the subscription applications on behalf of the
Investment Company.

Subscription applications for the acquisition of bearer shares are forwarded to the registrar and transfer agent by the

entity at which the subscriber holds his investment account. The date of receipt by the registrar and transfer agent ("relevant
agent") is decisive.

Complete subscription applications for the purchase of registered shares received by the relevant agent by the time

specified in the Sales Prospectus on a valuation day are allocated at the issue price of the following valuation day, provided
the transaction value for the subscribed shares is available. The Investment Company will ensure in all cases that shares
will be issued on the basis of a net asset value per share that is previously unknown to the applicant. Nevertheless, if there
are grounds to suspect that an applicant is engaging in late trading, the Investment Company or the Management Company
may reject the subscription application until the applicant has removed all doubts with regard to his subscription application.
Complete subscription applications for the purchase of registered shares received by the relevant agent after the cut-off
time specified in the Sales Prospectus for each valuation day are allocated at the issue price of the day after the following
valuation day, provided the transaction value for the subscribed shares is available.

If the transaction value of the subscribed shares is not made available to the registrar and transfer agent at the time of

receipt of the completed subscription application or if the subscription application is incorrect or incomplete, the subscrip-
tion application shall be regarded as having been received by the registrar and transfer agent on the date on which the
transaction value of the subscribed shares is made available and/or the subscription certificate is submitted properly.

Upon receipt of the issue price by the Custodian Bank, the bearer shares shall be transferred by the Custodian Bank, by

order of the Investment Company, to the agent with which the applicant holds his investment account.

The issue price is payable within the number of valuation days specified in the relevant Annex to the sub-fund after the

corresponding valuation day in the respective sub-fund currency to the Custodian Bank in Luxembourg.

A subscription application for the purchase of registered shares shall only be deemed complete once it contains the first

name(s), surname and address, date of birth and place of birth, occupation and nationality of the applicant, the number of
shares to be issued and/or the amount to be invested, the name of the sub-fund and the signature of the applicant. Further-
more, the application should contain information on type, number and issuing office of the official identification documents
submitted by the shareholder for the purpose of identification, as well as a statement as to whether the shareholder holds
a public office and is classified as a politically exposed person. The receiving agent must confirm the accuracy of the
information on the subscription order.

Furthermore, in order for a subscription application to be deemed complete, it must contain a statement confirming that

the applicant is commercially entitled to make the investment and receive the issued shares and that the money to be invested
by the applicant is not the proceeds of a/several criminal act(s). In addition, the applicant must furnish a copy of the official
identification documents or passport used to identify himself. This copy is to contain a statement that should read as follows:
“We herewith confirm that the person shown on these identification documents has been identified in person and that this
copy of the official identification documents corresponds to the original.”

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3. For savings plans, a maximum of one-third of all payments agreed for the first year may be applied to covering costs.

The remaining costs are distributed evenly across all later payments.

4. The circumstances under which the issue of shares may be suspended are specified in Article 15 of the Articles of

Association.

Art. 15. Restriction and suspension of the issue of shares.
1. The Investment Company may at any time at its discretion and without stating reasons reject a subscription application

or temporarily restrict or suspend, or permanently discontinue the issue of shares, or unilaterally decide to buy back shares
in return for payment of the redemption price, if this is deemed to be in the interests of the shareholders, in the interest of
the public, for the protection of the Investment Company, for the protection of the respective sub-fund or for the protection
of the shareholders, particularly in cases where:

1. there is a suspicion that the respective shareholder shall, on acquiring the shares, engage in market timing, late trading

or other market techniques that could be harmful to all the investors,

2. the investor does not fulfil the conditions to acquire the shares, or
3. the shares are marketed in a country where the respective sub-fund is not permitted to be sold or are acquired by

persons (e.g. US citizens) who are not permitted to acquire the shares.

2. In such event, the registrar and transfer agent or the custodian bank shall immediately repay any payments received

on subscription orders not already executed.

3. The issue of shares shall be temporarily suspended in particular if the calculation of the net asset value per share is

suspended.

Art. 16. Redemption and exchange of shares.
1. The shareholders are entitled at all times to apply for the redemption of their shares at the net asset value per share,

if applicable less a redemption charge (“redemption price”), in accordance with Article 12(4) of the Articles of Association.
Units will only be redeemed on a valuation day. If a redemption fee is payable, the maximum amount of this redemption
fee for each sub-fund is contained in the relevant Annex to this Sales Prospectus.

In certain countries the redemption price may be reduced by local taxes and other charges. The corresponding share

lapses upon payment of the redemption price.

2. Payment of the redemption price and any other payments to the shareholders shall be made via the Custodian Bank

or the paying agents. The Custodian Bank shall only be required to make a payment, insofar as there are no legal provisions,
such as exchange control regulations, or other circumstances beyond the Custodian Bank's control forbidding the transfer
of the redemption price to the country of the applicant.

The Investment Company may repurchase shares unilaterally against payment of the redemption price, insofar as this

is in the interests of or in order to protect the shareholders, the Investment Company or one or more sub-funds, particularly
in cases where:

1. there is a suspicion that the respective shareholder shall, on acquiring the shares, engage in market timing, late trading

or other market techniques that could be harmful to all the investors,

2. the investor does not fulfil the conditions to acquire the shares, or
3. the shares are marketed in a country where the respective sub-fund is not permitted to be sold or are acquired by

persons (e.g. US citizens) who are not permitted to acquire the shares.

3. The exchange of all shares or some shares of one sub-fund into shares of another sub-fund takes place based on the

relevant net asset value per share of the respective sub-funds subject to an exchange fee amounting to a maximum of 1%
of the net asset value per share of the shares to be subscribed, the minimum being, however, the difference between the
front-load fee of the shares to be exchanged and the front-load fee of the shares to be subscribed. If no exchange fee is
charged for the share in question, this is specified for the sub-fund in question in the relevant Annex to this Sales Prospectus.

If various share classes are offered within a sub-fund, shares of one class may be exchanged for shares of another class

both within the same sub-fund. No exchange fee is applied if an exchange is made within the same sub-fund.

The Investment Company may reject an application for the exchange of shares within a particular sub-fund or share

class, if this is deemed in the interests of the Investment Company or the sub-fund or in the interests of the shareholders,
particularly if

1. there is a suspicion that the respective shareholder shall, on acquiring the shares, engage in market timing, late trading

or other market techniques that could be harmful to all the investors,

2. the investor does not fulfil the conditions to acquire the shares, or
3. the shares are marketed in a country where the respective sub-fund is not permitted to be sold or are acquired by

persons (e.g. US citizens) who are not permitted to acquire the shares.

4. Complete applications for the redemption or exchange of registered shares may be submitted to the Management

Company or the Investment Company, the Custodian Bank, registrar and transfer agent and the paying agents.

5. The receiving agents are required to forward the redemption applications or exchange instructions to the Registrar

and Transfer Agent immediately. Receipt by the Registrar and Transfer Agent is decisive.

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Complete redemption applications or exchange instructions to redeem or convert bearer shares shall be forwarded by

the agent with which the shareholder holds his investment account to the registrar and transfer agent. Receipt by the Registrar
and Transfer Agent is decisive.

An application for the redemption or exchange of registered shares shall only be deemed complete if it contains the

name and address of the shareholder, the number and/or transaction value of the shares to be redeemed and/or exchanged,
the name of the sub-fund and the signature of the shareholder.

Complete applications for the redemption and/or exchange of shares received by the cut-off time specified in the Sales

Prospectus on a valuation day are settled at the net asset value per share of the following valuation day, less any applicable
redemption fees and/or exchange fee. The Investment Company in all cases ensures that shares will be redeemed and/or
exchanged on the basis of a net asset value per share that is not known to the shareholder in advance. Complete applications
for the redemption and/or exchange of shares received after the cut-off time specified in the Sales Prospectus on a valuation
day are settled at the net asset value per share for the valuation day after the following valuation day, less any applicable
redemption fees and/or exchange fees.

The redemption price is payable in the respective sub-fund currency within two valuation days of the relevant valuation

day. In the case of registered shares, payments are made to the account specified by the shareholder.

Any fractional amounts resulting from the exchange of shares will be paid out by the Registrar- and Transfer Agent.
6. The Investment Company is authorised to temporarily suspend the redemption of shares due to the suspension of the

calculation of the net asset value.

7. Subject to prior approval by the Custodian Bank and while preserving the interests of the shareholders, the Investment

Company is entitled to defer significant volumes of redemptions until corresponding assets of the sub-fund are sold without
delay. In this case, the redemption shall occur at the redemption price then valid. The same shall apply to applications to
exchange shares. The Investment Company shall, however, ensure that the sub-fund assets have sufficient liquid funds so
that the redemption or exchange of shares may take place immediately upon application from investors under normal
circumstances. The Investment Company may limit the principle of the free redemption of shares or specify the redemption
possibilities more specifically, for example, by applying a redemption fee and setting a minimum amount that the share-
holders of the sub-fund must hold.

8. Pursuant to a decision of the board of directors of the Investment Company, the share classes of the sub-fund may be

subject to a share split.

V. General meeting

Art. 17. Rights of the general meeting. A properly convened general meeting represents all the shareholders of the

Investment Company. The general meeting has the authority to initiate and confirm all dealings of the Investment Company.
The resolutions of the general meeting are binding on all shareholders, insofar as these resolutions are in accordance with
the law of the Grand Duchy of Luxembourg and these Articles of Association, in particular insofar as they do not interfere
with the rights of the separate meetings of shareholders of a particular share class.

Art. 18. Convening of meetings.
1. Pursuant to Luxembourg law, the annual general meeting will be held in Luxembourg at the registered office of the

Company, or at any other location within the district where the registered office of the Company is located and which will
be specified in the notice of meeting, on the first Wednesday in June of each year at 10.30 CET/CEST, with the first meeting
being convened on 1

June 2016. In the event that this day is a bank holiday in Luxembourg, the annual general meeting

will be held on the next banking day in Luxembourg.

The annual general meeting may be held abroad if the Board of Directors deems fit as a result of extraordinary circum-

stances. A resolution of this kind by the Board of Directors may not be contested.

2. Pursuant to the applicable legislative provisions, the shareholders may also be called to a meeting convened by the

Board of Directors. A meeting may also be convened at the request of shareholders representing at least one-fifth of the
assets of the Investment Company.

3. The agenda will be prepared by the Board of Directors, except in cases in which the general meeting is convened on

the basis of a written application by the shareholders; in this case the Board of Directors may prepare an additional agenda.

4. Extraordinary general meetings of shareholders will be held at the time and place specified in the notice of the

extraordinary general meeting.

5. The conditions specified in sub-paragraphs 2 to 4 above shall apply accordingly for separate meetings of shareholders

convened for the shareholders of one or several sub-funds or share classes.

Art. 19. Quorum and voting. The proceedings of the general meeting or the separate general meeting or one or several

sub-funds or share class(es) must meet the legal requirements.

In principle, all shareholders are entitled to participate in the general meetings of shareholders. All shareholders may

be represented at the meeting by appointing another person as an authorised representative in writing.

With meetings of shareholders convened for individual sub-funds or share classes, which may only pass resolutions

concerning the relevant sub-fund or share class, only those shareholders who hold shares of the corresponding sub-fund or

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share class may participate. The Board of Directors may allow shareholders to attend general meetings through a video
conferencing facility or other communications methods if these methods enable the shareholders to be identified and to
effectively participate in the general meeting uninterrupted.

Notices of representation, the form of which is to be specified by the Board of Directors, must be deposited at the

registered office of the Company at least five days before the general meeting of shareholders.

All shareholders and shareholders' representatives must sign the attendance register drawn up by the Board of Directors

before entering the general meeting of shareholders.

The Board of Directors may set other conditions (e.g. the blocking of shares held in a securities account by the share-

holder, presentation of a certificate of blocking, presentation of power of attorney), which are to be filled out by the
shareholders in order to participate in the general meetings.

The general meeting of shareholders shall deliberate on all matters specified by the Law of 10 August 1915 and the Law

of 17 December 2010; resolutions shall be passed in the forms and with the quorum and majorities specified in the afore-
mentioned laws. Unless otherwise stated in the aforementioned laws or these Articles of Association, the resolutions voted
on by a properly convened general meeting of shareholders shall be passed on the basis of a simple majority of shareholders
present and votes cast.

Each share carries entitlement to one vote. Fractions of shares are not entitled to vote.
Matters that affect the Investment Company as a whole shall be voted on jointly by all shareholders. However, separate

votes shall be cast on matters that only affect one or several sub-fund(s) or one or several share class(es).

Art. 20. Chairman, teller, secretary.
1. The general meeting of shareholders will be chaired by the Chairman of the Board of Directors or, in the event of his

absence, by a chairman to be appointed by the general meeting of shareholders.

2. The chairman shall appoint a secretary for the meeting, who does not necessarily have to be a shareholder, and the

general meeting of shareholders shall appoint a teller from amongst the shareholders and shareholders' representatives
present at the meeting.

3. The minutes of the general meeting of shareholders will be signed by the chairman, the teller and the secretary of

each general meeting of shareholders, as well as by the shareholders who so request.

4. Copies and extracts that are to be drawn up by the Investment Company shall be signed by the Chairman of the Board

of Directors or by two members of the Board of Directors.

VI. Board of Directors

Art. 21. Membership.
1. The Board of Directors has at least three members who shall be appointed by the general meeting of shareholders and

who must not be shareholders in the Investment Company.

The general meeting of shareholders may only appoint as a new member of the Board of Directors a person who has

not previously been a member of the Board of Directors if

a) this person has been proposed by the Board of Directors, or
b) a shareholder who is fully entitled to vote at the general meeting of shareholders convened by the Board of Directors

informs the Chairman - or if this is impossible another member of the Board of Directors - in writing not less than six and
not more than thirty days before the scheduled date of the general meeting of shareholders of his intention to put forward
a person other than himself for election or reconsideration, together with written confirmation from this person that he
wishes to be put forward for election; however, the chairman of the general meeting of shareholders, provided he receives
the unanimous consent of all shareholders present at the meeting, may declare the waiving of the requirement for the
aforementioned written notice and resolve that this nominated person should be put forward for election.

2. The general meeting of shareholders shall determine the number of members of the Board of Directors, as well as

their term of office. A term of office may not exceed a period of six years. Members of the Board of Directors may be re-
elected.

3. If a member of the Board of Directors leaves before the end of his term of office, the remaining members of the Board

of Directors appointed by the general meeting may appoint a temporary successor until the next general meeting (co-option).
The successor appointed in this manner shall complete the term of office of his predecessor and is entitled, along with all
other members of the Board of Directors, to appoint, by way of co-option, temporary successors to other members leaving
the Board of Directors.

4. The members of the Board of Directors may be dismissed at any time by the general meeting of shareholders.

Art. 22. Authorisations. The Board of Directors is authorised to carry out all transactions that are necessary or beneficial

for the fulfilment of the Company's purpose. The Board of Directors is responsible for all matters concerning the Investment
Company unless specified in the Law of 10 August 1915 or these Articles of Association that such matters are restricted
to the general meeting of shareholders.

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The Board of Directors may transfer the day-to-day management of the Investment Company to natural or legal persons

who do not need to be members of the Board of Directors and pay them fees and commissions for their activities. The
transfer of duties to third parties shall in all cases be subject to the supervision of the Board of Directors.

In addition, the Board of Directors is permitted to appoint a Fund Manager, an investment adviser and an investment

committee to the sub-fund and to establish the authorisations thereof.

The Board of Directors is also authorised to pay interim dividends.

Art. 23. Internal organisation of the Board of Directors. The Board of Directors shall appoint a chairman from among

its members.

The Chairman of the Board of Directors is responsible for chairing the meetings of the Board of Directors; in his absence

the Board of Directors shall appoint another member of the Board of Directors to chair these meetings.

The Chairman may appoint a secretary, who does not necessarily need to be a member of the Board of Directors and

who shall be responsible for the recording of the minutes of meetings of the Board of Directors and the general meeting of
shareholders.

The Board of Directors is authorised to appoint the Management Company, fund manager, investment adviser and

investment committees for the respective sub-funds and to determine the authorities of these parties.

Art. 24. Frequency and convening of meetings. The Board of Directors shall meet at the invitation of the Chairman or

of two members of the Board of Directors at the place specified in the notice convening the meeting; the Board of Directors
shall meet as often as the interests of the Investment Company require but at least once a year.

The members of the Board of Directors will be notified in writing of the convening of the meeting at least 48 (forty-

eight) hours before the meeting unless it not possible to follow the aforementioned notice period due to the urgency of the
situation. In this case, details of and the reasons for the urgency are to be stated in the notice of meeting.

A letter of invitation is not required if the members of the Board of Directors do not raise an objection when attending

the meeting against the form of the invitation or give written agreement by letter, fax or email. Objections to the form of
the invitation can only be raised in person at the meeting.

It is not be necessary to send a specific invitation if this meeting is to take place at a location and time already specified

in a resolution passed by the Board of Directors.

Art. 25. Meetings of the Board of Directors. A member of the Board of Directors may participate in any meetings of

the Board of Directors by appointing another member of the Board of Directors as his representative in writing, i.e. by way
of letter or fax.

Furthermore any member of the Board of Directors may take part in a meeting of the Board of Directors through a

telephone conferencing facility or similar communications method which allows all participants at the meeting of the Board
of Directors to hear each other. This form of participation is equivalent to personal attendance of the meeting of the Board
of Directors.

The Board of Directors shall only have quorum if at least half of the members of the Board of Directors are present or

represented at the meeting. Resolutions shall be passed by a simple majority of votes cast by the members of the Board of
Directors present or represented. In the event of a tied vote, the vote of the chairman of the meeting shall be decisive.

The members of the Board of Directors may only pass resolutions during the course of meetings of the Board of Directors

of the Investment Company that have been properly convened; excepted from this regulation are resolutions passed by way
of a written procedure.

The members of the Board of Directors may also pass resolutions by way of a written procedure, insofar as all members

agree on the passing of the resolution. Resolutions that are passed by way of a written procedure and that are signed by all
members of the Board of Directors are equally valid and enforceable as resolutions passed during a meeting of the Board
of Directors that has been properly convened. The signatures of the members of the Board of Directors may be obtained
collectively on one single document or individually on several copies of the same document and may be submitted by letter
or fax.

The Board of Directors may delegate its authority and obligations for the day-to-day administration of the Investment

Company to natural persons and/or legal entities that are not members of the Board of Directors and pay these persons and/
or entities the fees or commissions set out in Article 36 in return for the performance of these duties.

Art. 26. Minutes. The resolutions passed by the Board of Directors will be documented in minutes that are entered in

the register kept for this purpose and signed by the Chairman of the meeting and the secretary.

Copies and extracts from these minutes shall be signed by the Chairman of the Board of Directors or by two members

of the Board of Directors.

Art. 27. Authorised signatories. The Investment Company will be legally bound by the signatures of two members of

the Board of Directors. The Board of Directors may empower one or several member(s) of the Board of Directors to
represent the Investment Company by way of a sole signature. Furthermore, the Board of Directors may authorise other
legal entities or natural persons to represent the Investment Company either through a sole signature or jointly with one
member of the Board of Directors or another legal entity or natural person authorised by the Board of Directors.

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Art. 28. Incompatibilities and personal interest. No agreement, settlement or other transaction made between the In-

vestment Company and another company will be influenced or invalidated as a result of the fact that one or several members
of the Board of Directors, directors, managers or authorised agents of the Investment Company have any interests or
participations in any other company or by the fact that such persons are members of the Board of Directors, shareholders,
directors, managers, authorised agents or employees of other companies.

A member of the Board of Directors, director, manager or authorised agent of the Investment Company who is simul-

taneously a member of the Board of Directors, director, manager, authorised agent or employee of another company with
which the Investment Company has agreements or has business relations of another kind will not lose the entitlement to
advise, vote and negotiate matters concerning such agreements or other business relations.

However, in the event that a member of the Board of Directors, director or authorised agent has a personal interest in

any matters of the Investment Company, this member of the Board of Directors, director or authorised agent of the In-
vestment Company must inform the Board of Directors of this personal interest and this person may no longer advise, vote
and negotiate matters connected with this personal interest. A report on this matter and on the personal interest of the
member of the Board of Directors, director or authorised agent must be presented to the next general meeting of share-
holders.

The term “personal interest”, as used in the previous paragraph, does not apply to business relations and interests that

come into being solely as a result of legal transactions between the Investment Company on one hand, and the Fund
Manager, the Central Administration Agent, the registrar and transfer agent, (or a company directly or indirectly affiliated)
or any other company appointed by the Investment Company on the other hand.

The above conditions are not applicable in cases in which the Custodian Bank is party to such an agreement, settlement

or other legal transaction. Managing directors, authorised signatories and the holders of the commercial mandates for the
company-wide operations of the Custodian Bank may not be appointed at the same time as an employee of the Investment
Company in a day-to-day management role. Managing directors, authorised representatives and the holders of the com-
mercial mandates for the company-wide operations of the Investment Company may not be appointed at the same time as
an employee of the Custodian Bank in a day-to-day management role.

Art. 29. Indemnification. The Investment Company shall be obliged to hold harmless all members of the Board of

Directors, directors, managers or authorised agents, their heirs, executors and administrators against all lawsuits, claims
and liability of all kinds, insofar as the affected parties have properly fulfilled their duties. Furthermore, the Investment
Company shall reimburse the aforementioned parties all costs, expenses and liabilities incurred as a result of any such
lawsuits, legal proceedings, claims and liability.

The right to compensation shall not exclude other rights that a member of the Board of Directors, director, manager or

authorised agent may have.

Art. 30. Management Company. The Board of Directors of the Investment Company may appoint a Management Com-

pany, which shall be solely responsible for asset management, administration and the distribution of the shares of the
Investment Company.

The Management Company is responsible for the management and administration of the Investment Company. Acting

on behalf of the Investment Company, it may take all management and administrative measures and exercise all rights
directly or indirectly connected with the assets of the Investment Company or the sub-funds, in particular delegate its duties
to qualified third parties in whole or in part at its own cost; it also has the right to obtain advice from third parties, particularly
from various investment advisers and/or an investment committee at its own cost and responsibility.

The Management Company carries out its obligations with the care of a paid authorised agent (mandataire salarié).
Insofar as the Management Company contracts a third party to manage assets, it may only appoint a company that is

admitted or registered to engage in asset management and is subject to oversight.

Investment decisions, the placement of orders and the selection of brokers are the sole responsibility of the Management

Company, insofar as no fund manager has been appointed to manage the assets.

The Management Company is entitled, at its own responsibility and control, to authorise a third party to place orders.
The delegation of duties must not impair the effectiveness of supervision by the Management Company in any way. In

particular, the delegation of duties must not obstruct the Management Company from acting in the interests of the share-
holders and ensuring that the Investment Company is managed in the best interests of the shareholders.

Art. 31. Fund Manager. If the Investment Company makes use of Article 30(1) and the Management Company transfers

the fund manager role to a third party, it is the duty of such fund manager, in particular, to implement the day-to-day
investment policy of the respective sub-fund's assets and to manage the day-to-day transactions connected with asset
management as well as other related services under the supervision, responsibility and control of the Management Company
This role is performed subject to the investment policy principles and the investment restrictions of the respective sub-fund
as described in these Articles of Association and the Sales Prospectus (plus annex) of the Investment Company and to the
legal investment restrictions.

The Fund Manager must be licensed for the administration of assets and must be subject to proper supervision in its

country of residence.

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The Fund Manager is authorised to select brokers and traders to carry out transactions using the assets of the Investment

Company or its sub-funds. The Fund Manager is also responsible for investment decisions and the placing of orders.

The Fund Manager has the right to obtain advice from third parties, particularly from various investment advisers, at its

own cost and on its own responsibility.

The Fund Manager is authorised, with the prior consent of the Management Company, to transfer some or all of its

duties and obligations to a third party, whose remuneration shall be paid by the Fund Manager.

The Fund Manager bears all expenses incurred in connection with the services it performs on behalf of the Investment

Company. Broker commissions, transaction fees and other transaction costs arising in connection with the purchase and
sale of assets are borne by the relevant sub-fund.

VII. Auditors

Art. 32. Auditors. An auditing company or one or several auditors are to be appointed to audit the annual accounts of

the Investment Company; this auditing company or this/these auditor(s) must be approved in the Grand Duchy of Luxem-
bourg and is/are to be appointed by the general meeting of shareholders.

The auditor(s) may be appointed for a term of up to six years and may be dismissed at any time by the general meeting

of shareholders.

VIII. General and final provisions

Art. 33. Use of income.
1. The Board of Directors may decide either to pay out income generated by a sub-fund to the shareholders of this sub-

fund or to reinvest the income in the respective sub-fund. Details for each sub-fund are contained in the respective Annexes
to this Sales Prospectus.

2. Ordinary net income and realised price gains may be distributed. Furthermore, unrealised price gains, other assets

and, in exceptional cases, equity interests may also be paid out as distributions, provided that the net assets of the company
do not, as a result of the distribution, fall below the minimum capital pursuant to Article 10 of these Articles of Association.

3. Distributions will be paid out on the basis of the shares issued on the date of distribution. Distributions may be paid

out wholly or partly in the form of bonus shares. Any fractions remaining may be paid in cash. Income not claimed five
years after publication of notification of a distribution shall be forfeited in favour of the respective sub-fund.

4. Distributions to holders of registered shares will be paid out via the reinvestment of the distribution amount in favour

of the holders of registered shares. If this is not required, the holder of registered shares may submit an application to the
Registrar and Transfer Agent, within 10 days of the receipt of the notification of the distribution, for the payment of the
distribution to the account that he specifies. Distributions to the holders of bearer shares shall made in the same manner as
the payment of the redemption price to holders of bearer shares.

5. Distributions declared but not paid on bearer shares entitled to distributions may no longer be claimed after a period

of five years from the payment declaration by the shareholders of such shares, and shall be credited to the relevant sub-
fund of the Investment Company or to the relevant share class and, if share classes exist, allocated to the relevant share
class. No interest will be payable on distributions from the time of maturity.

Art. 34. Reports. The Board of Directors shall draw up an audited annual report and a semi-annual report for the

Investment Company in accordance with the applicable legislative provisions of the Grand Duchy of Luxembourg.

1. No later than four months after the end of each financial year, the Board of Directors shall publish an audited annual

report in accordance with the regulations applicable in the Grand Duchy of Luxembourg.

2. Two months after the end of the first half of each financial year, the Board of Directors shall publish an unaudited

semi-annual report.

3. Insofar as this is necessary for an entitlement to trade in other countries, additional audited and unaudited interim

reports may also be drawn up.

Art. 35. Costs. Each sub-fund shall bear the following costs, provided they arise in connection with its assets:
1. The Management Company receives a fee payable from the net sub-fund assets for the management of the relevant

sub-fund. Details of the amount, calculation and payment of this remuneration are also contained for each sub-fund in the
respective Annex to the Sales Prospectus. VAT can be added to the remuneration.

In addition, the Management Company or, if applicable, the investment adviser(s)/fund manager(s) may also receive a

performance fee from the assets of the respective sub-fund. The percentage amount, calculation and payment for each sub-
fund are contained in the relevant Annexes to the Sales Prospectus.

2. If an investment adviser is contracted, it may receive a fixed and/or performance-related fee, payable from the Man-

agement Company fee or from the assets of the respective sub-fund. Details of the maximum permissible amount, the
calculation and the payment of this remuneration are contained for each sub-fund in the respective Annexes to this Sales
Prospectus. VAT can be added to the fee.

3. If a Fund Manager is contracted, it may receive a fee payable from the Management Company fee or from the assets

of the respective sub-fund. Details of the maximum permissible amount, the calculation and the payment of this remuner-

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ation are contained for each sub-fund in the respective Annexes to this Sales Prospectus. VAT can be added to the
remuneration.

4. In return for the performance of their duties, the Custodian Bank and the Central Administration Agent each receive

the amount of fees customary in the Grand Duchy of Luxembourg, which are calculated at the end of each month and paid
in arrears on a monthly basis. VAT can be added to the remuneration.

5. Pursuant to the registrar and transfer agent Agreement, in return for the performance of its duties the registrar and

transfer agent receives the amount of fees customary in the Grand Duchy of Luxembourg, which are calculated as a fixed
amount per investment account or per account with savings plan and/or withdrawal plan at the end of each year and which
are payable from the sub-fund assets.

6. If a sales agent was contractually required, this sales agent may receive a fee payable from the relevant sub-fund

assets; details on the maximum permissible amount, the calculation and the payment thereof are contained for each sub-
fund in the respective Annexes to this Sales Prospectus. VAT can be added to the fee.

7. In addition to the aforementioned costs, the sub-fund shall bear the following costs, provided they arise in connection

with its assets:

a) costs incurred in relation to the acquisition, holding and disposal of assets, in particular customary bank charges for

securities transactions and transactions involving other assets and rights of the Investment Company and/or sub-fund and
the safeguarding of such assets and rights, as well as customary bank charges for the safeguarding of foreign investment
units abroad;

b) all external administration and custody fees, which are charged by other correspondent banks and/or clearing agencies

(e.g. Clearstream Banking S.A.) for the assets of each sub-fund, as well as all foreign settlement, dispatch, transaction and
insurance fees that are incurred in connection with the securities transactions of each sub-fund in units of other UCITS or
UCI;

c) the transaction costs for the issue and redemption of bearer shares;
d) the expenses and other costs incurred by the Custodian Bank, the Registrar and Transfer Agent and the Central

Administration Agent in connection with the sub-fund assets and due to the necessary usage of third parties are reimbursed;

e) taxes levied on the Investment Company's or the sub-fund's assets, income and expenses that are charged to the

respective sub-fund;

f) costs of legal advice incurred by the Investment Company, the Management Company (where appointed) or the

Custodian Bank, if incurred in the interests of the shareholders of the respective sub-fund;

g) costs of the auditors of the Investment Company;
h) costs for the creation, preparation, storage, publication, printing and dispatch of all documents required by the In-

vestment Company, in particular share certificates and coupon renewal sheets, the "Key Investor Information Document"
the Sales Prospectus (plus Annex), the annual reports and semi-annual reports, the schedule of assets, the notifications to
the shareholders, the notices of convening of meetings, sales notifications and/or applications for approval in the countries
in which shares in the Investment Company or sub-funds are sold, correspondence with the respective supervisory author-
ities.

i) the administrative fees payable for the Investment Company and/or sub-funds to all relevant authorities, in particular

the administrative fees of the Luxembourg and other supervisory authorities and also the fees for the filing of documents
of the Investment Company.

j) costs in connection with any admissions to listing on stock exchanges;
k) advertising costs and costs incurred directly in connection with the offer and sale of shares;
l) insurance costs;
m) remuneration, expenses and other costs of foreign paying agents, the sales agents and other agents that must be

appointed abroad, that are incurred in connection with the sub-fund assets;

n) interest connected with loans taken out in accordance with Article 4 of these Articles of Association;
o) expenses of a possible investment committee;
p) any duties and expenditures of the Board of Directors of the Investment Company;
q) costs connected with the formation of the Investment Company and/or the individual sub-funds and the initial issue

of shares;

r) further management costs including associations' costs;
s) costs of ascertaining the split of the investment result into its success factors (known as performance attribution);
t) costs for credit rating of the Investment Company and/or sub-funds by nationally and internationally recognised rating

agencies.

All costs will be charged first against each sub-fund's ordinary income and capital gains and then against the sub-fund

assets.

Costs incurred for the founding of the Investment Company and the initial issue of shares will be amortised over the

first five financial years against the assets of the sub-funds existing at the time of formation. The set-up costs and the

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U X E M B O U R G

aforementioned costs that are not directly attributable to a specific sub-fund shall be allocated to the respective sub-fund
assets on a pro rata basis. Costs incurred as a result of the launching of additional sub-funds will be amortised over a period
of a maximum of five financial years after launch against of the assets of the sub-fund to which these costs can be attributed.

All the aforementioned costs, fees and expenses shall be subject to VAT as applicable.

Art. 36. Financial year. The Investment Company's financial year begins on 1 January and ends on 31 December of each

year. The first financial year commences on the date of formation and ends on 31 December 2015.

Art. 37. Custodian Bank.
1. The Investment Company has appointed a bank with its registered office in the Grand Duchy of Luxembourg as the

Custodian Bank. The function of the Custodian Bank is based on the Law of 17. December 2010, the Custodian Bank
Agreement, these Articles of Association and the Sales Prospectus (plus Annex).

2. The Investment Company is entitled to assert claims of the shareholders against the Custodian Bank in its own name.

This does not prevent the shareholders from enforcing claims against the Custodian Bank themselves.

Art. 38. Amendment of the Articles of Association. These Articles of Association may be amended or supplemented at

any time at the decision of the shareholders provided the conditions concerning amendments to the Articles of Association
under the Law of 10 August 1915 are met.

Art. 39. General. With regard to any points which are not set forth in these Articles of Association, reference is made

to the provisions of the Law of 10 August 1915 and the Law of 17 December 2010.

Die vorgenannten Änderungen treten mit Wirkung zum 13. Mai 2015 in Kraft.
Da somit die Tagesordnung erledigt ist, hebt die Vorsitzende die Versammlung auf.

Worüber Urkunde aufgenommen in Strassen, am Datum wie eingangs erwähnt.
Nach Vorlesung und Erklärung alles Vorstehenden an die Erschienenen, dem beurkundenden Notar nach Namen, ge-

bräuchlichen Vornamen, sowie Stand und Wohnort bekannt, haben die Erschienenen mit dem Versammlungsvorstand und
dem beurkundenden Notar, gegenwärtige Urkunde unterschrieben.

Gezeichnet: U. BERG, O. KIRILLOVA, V. AUGSDÖRFER und H. HELLINCKX.
Enregistré à Luxembourg A.C.1, le 11 mai 2015. Relation: 1LAC/2015/14634. Reçu soixante-quinze euros (75.- EUR).

Le Receveur (signé): P. MOLLING.

- FÜR GLEICHLAUTENDE AUSFERTIGUNG - der Gesellschaft auf Begehr erteilt.

Luxemburg, den 20. Mai 2015.

Référence de publication: 2015074314/1051.
(150085238) Déposé au registre de commerce et des sociétés de Luxembourg, le 20 mai 2015.

Monterey Capital I Sàrl, Société à responsabilité limitée.

Capital social: EUR 75.050,00.

Siège social: L-8011 Strassen, 283, route d'Arlon.

R.C.S. Luxembourg B 90.246.

In the year two thousand and fifteen, on the sixth day of the month of May.
Before Maître Léonie GRETHEN, notary residing in Luxembourg (Grand Duchy of Luxembourg),

There appeared the following:

Deutsche Annington Immobilien SE (in future named Vonovia SE), an Europäische Aktiengesellschaft incorporated

under the laws of Germany, with registered office at 248, Muensterstrasse, D - 40470 Düsseldorf, registered with the Trade
Registry of Düsseldorf (Germany) under the number HRB 68115 (the "Sole Shareholder").

The Sole Shareholder was represented by Mr. Peter F. BONERT, lawyer, with professional address in Luxembourg

(Grand Duchy of Luxembourg), by virtue of a proxy given under private seal. The said proxy, after having been initialled
and signed "ne varietur" by the proxy holder and the undersigned notary, will be appended to the present deed for the
purpose of registration.

The Sole Shareholder, represented as above stated, declared to be the sole shareholder of Monterey Capital I S.à r.l., a

private limited liability company (société à responsabilité limitée) incorporated under the laws of Luxembourg, Grand
Duchy of Luxembourg, pursuant to a notarial deed passed on 10 December 2002 before Maître Jacques Delvaux, then
notary residing in Luxembourg (Grand-Duchy of Luxembourg) published in the Mémorial C, Recueil des Sociétés et
Associations number 68 on 23 January 2003, having its registered office at 283, Route d'Arlon, L-8011 Strassen, Grand
Duchy of Luxembourg, and being registered with the Luxembourg Trade and Companies Register (Registre de Commerce
et des Sociétés de Luxembourg) under number B 90.246 (the "Company"). The Company's articles of association have not
been amended since its incorporation.

The Sole Shareholder confirmed to be fully informed of the resolutions to be taken on the basis of the following agenda:

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1. To change the nationality of the company and to transfer the registered office, the central administration and the

effective seat of management of the Company from the Grand Duchy of Luxembourg to the Federal Republic of Germany,
in conformity with article 199 of the law of August 10, 1915 on commercial companies on the basis of the annual accounts
for the financial year ended 31 December 2014, subject to the extraordinary decision of the sole shareholder of the Company
resolving upon such transfer to be passed before a German notary in accordance with German law;

2. In consequence of the preceding item 1 of this agenda, to approve the conversion of the Company into a Gesellschaft

mit beschränkter Haftung (a private limited liability company) under German law and the change of the name of the
Company to DA EB GmbH, without the dissolution of the Company nor the incorporation of a new company, neither from
a legal point of view nor from a tax point of view, subject to the extraordinary decision of the sole shareholder of the
Company resolving upon such transfer to be passed before a German notary in accordance with German law;

3. To fix the registered office of the Company at Nuremberg and the address of the business seat of the Company at 3,

Philippstraße, D-44803 Bochum, Germany;

4. To acknowledge that Mr. Bernd Kielbassa and Mr. Bernd Gremm shall remain managers of the Company further to

its conversion into a Gesellschaft mit beschränkter Haftung under German law;

5. To confirm that all the assets and all the liabilities of the Company previously of Luxembourg nationality, without

limitation, will remain the ownership in their entirety of the Company maintained without discontinuance, which will
continue to own all the assets and will continue to be obliged by all the liabilities and commitments of the Gesellschaft mit
beschränkter Haftung (previously of Luxembourg nationality);

6. To delegate powers;
7. Miscellaneous.
The Sole Shareholder hereby requested the undersigned notary to document the following resolutions:

First resolution

The Sole Shareholder resolved to change the nationality of the Company and to transfer the registered office, the central

administration and the effective seat of management of the Company from the Grand Duchy of Luxembourg to the Federal
Republic of Germany, in conformity with article 199 of the law of August 10, 1915 on commercial companies on the basis
of the annual accounts for the financial year ended 31 December 2014 (the "Transfer") subject to the extraordinary decision
of the sole shareholder of the Company resolving upon such transfer to be passed before a German notary in accordance
with German law (the "Effective Date").

Second resolution

The Sole Shareholder resolved to convert the Company into a a Gesellschaft mit beschränkter Haftung (a private limited

liability company) under German law and change the name of the Company to DA EB GmbH, without the dissolution of
the Company nor to the incorporation of a new company, neither from a legal point of view nor from a tax point of view,
subject to the extraordinary decision of the sole shareholder of the Company resolving upon such transfer to be passed
before a German notary in accordance with German law.

Third resolution

The Sole Shareholder resolved to fix the registered office of the Company at Nuremberg and the address of the business

seat of the Company at 3, Philippstraße, D-44803 Bochum, Germany, subject to the extraordinary decision of the sole
shareholder of the Company to be held before a German notary as referred to under the first resolution.

Fourth resolution

The Sole Shareholder resolved to acknowledge that Mr. Bernd Kielbassa and Mr. Bernd Gremm shall remain managers

of the Company further to its conversion into a Gesellschaft mit beschränkter Haftung under German law.

Fifth resolution

The Sole Shareholder resolved to confirm that all the assets and all the liabilities of the Company previously of Lu-

xembourg nationality, without limitation, will remain the ownership in their entirety of the Company maintained without
discontinuance, which will continue to own all the assets and will continue to be obliged by all the liabilities and commit-
ments of the Gesellschaft mit beschränkter Haftung (previously of Luxembourg nationality), subject to the extraordinary
decision of the sole shareholder of the Company to be held before a German notary as referred to under the first resolution.

Sixth resolution

The Sole Shareholder resolved to authorise and empower any lawyer of NautaDutilh Avocats Luxembourg S.à r.l., any

clerk of the undersigned notary, any lawyer of Noerr LLP and any clerk of the instrumenting German notary, each acting
individually on behalf of the Company, and with full power of substitution, to perform and take any actions necessary in
Luxembourg and Germany respectively with respect to the de-registration of the Company from the Luxembourg Trade
and Companies Register (Registre de Commerce et des Sociétés Luxembourg) and the registration of the Transfer with the
relevant German Trade and Companies Register.

There being no further items on the agenda, this extraordinary sole shareholder's decision was thereupon closed.

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Estimate of costs

The expenses, costs, fees and charges of any kind whatsoever which will have to be borne by the Company as a result

of the present deed are estimated at approximately one thousand seven hundred euros (EUR 1,700.-).

Declaration

The undersigned notary, who understands English, states that on request of the appearing party, the present deed is

worded in English, followed by a German version, and in case of discrepancies between the English and the German text,
the English version will prevail.

Whereof, the present notarial deed was drawn up in Luxembourg, on the day indicated at the beginning of this deed.
The document having been read to the appearing party's proxyholder known to the notary by name, first name, civil

status and residence, the appearing party's proxyholder signed together with us, the notary, the present original deed.

Es Folgt die Deutsche Übersetzung des Vorangehenden Textes:

Im Jahre zwei tausend und fünfzehn, am sechsten Tage des Monats Mai,
Vor der unterzeichnenden Notarin Maître Léonie Grethen, mit Amtssitz in Luxemburg, Großherzogtum Luxemburg,
Ist Deutsche Annington Immobilien SE (zukünftlich firmierend unter Vonovia SE), eine nach den Gesetzen der Bun-

desrepublik Deutschland gegründete Europäische Aktiengesellschaft mit Gesellschaftssitz in 248, Muensterstraße,
D-40470 Düsseldorf, Bundesrepublik Deutschland registriert beim Handelsregister des Amtsgerichts Düsseldorf (Bun-
desrepublik Deutschland) unter der Nummer HRB 68115 (der “Alleingesellschafter”) erschienen.

Der Alleingesellschafter wurde vertreten durch Herrn Peter F. BONERT, Rechtanswalt, mit beruflicher Anschrift in

Luxemburg, Großherzogtum Luxemburg gemäß einer privatschriftlichen Vollmacht. Diese Vollmacht wird, nachdem sie
paraphiert und ne varietur durch den Bevollmächtigten und den Notarin gegengezeichnet wurde, zum Zwecke der Eintra-
gung dieser Urkunde beigefügt.

Der Alleingesellschafter, vertreten wie zuvor erwähnt, erklärte zunächst, Alleingesellschafter von Monterey Capital I

S.à r.l., einer Gesellschaft mit beschränkter Haftung nach luxemburgischen Recht (société à responsabilité limitée), mit
Gesellschaftssitz in 283, Route d'Arlon, L-8011 Strassen, Großherzogtum Luxemburg und unter der Nummer B 90.246 im
Luxemburger Firmen- und Handelsregister (Registre de Commerce et des Sociétés) eingetragen (die "Gesellschaft") zu
sein, die infolge eines am 10. Dezember 2002 durchgeführten notariellen Aktes von Maître Jacques Delvaux, einem in
Luxemburg (Großherzogtum Luxemburg) dann ansässigen Notar, gegründet wurde. Der notarielle Gründungsakt der Ge-
sellschaft wurde im Amtsblatt des Großherzogtum Luxemburg (Mémorial C, Recueil des Sociétés et Associations) Nummer
68 am 23. Januar 2003 veröffentlicht. Die Satzung der Gesellschaft wurde seit der Gründung der Gesellschaft nicht ver-
ändert.

Der Alleingesellschafter wird auf Basis der folgenden Tagesordnung die nachstehenden Beschlüsse fassen:
1. Änderung der Nationalität der Gesellschaft und Transfer des Gesellschaftssitzes, der Hauptverwaltung sowie des

tatsächlichen Sitzes der Geschäftsführung der Gesellschaft vom Großherzogtum Luxemburg in die Bundesrepublik
Deutschland im Einklang mit Artikel 199 des Gesetzes vom 10. August 1915 über Handelsgesellschaften, basierend auf
den Jahresabschlüssen für das bis zum 31. Dezember 2014 laufende Geschäftsjahr und vorbehaltlich eines vor einem
deutschen Notar gefassten Beschlusses der Alleingesellschafterin der Gesellschaft nach deutschem Recht über diesen
Transfer;

2. Zustimmung zur Umwandlung der Gesellschaft in eine Gesellschaft mit beschränkter Haftung nach deutschem Recht

und der Namensänderung in DA EB GmbH ohne Auflösung der Gesellschaft beziehungsweise ohne Gründung einer neuen
Gesellschaft, weder in rechtlicher noch steuerlicher Hinsicht und vorbehaltlich eines vor einem deutschen Notar gefassten
Beschlusses der Alleingesellschafterin der Gesellschaft nach deutschem Recht über diesen Transfer;

3. Festlegung des Gesellschaftssitzes auf Nürnberg und auf der Geschäftsadresse 3, Philippstraße, D-44803 Bochum,

Bundesrepublik Deutschland;

4. Anerkennung von Herrn Bernd Kielbassa und Herrn Bernd Gremm als verbleibende Geschäftsführer der Gesellschaft

nach ihrer Umwandlung in eine Gesellschaft mit beschränkter Haftung nach deutschem Recht;

5. Bestätigung des Verbleibs aller Aktiva und Passiva (ohne Beschränkung und vollumfänglich) der ehemals luxem-

burgischen Gesellschaft bei der ununterbrochen bestehenden Gesellschaft, die weiterhin Inhaberin aller Aktiva sein wird
und durch die bereits eingegangenen Verpflichtungen und Verbindlichkeiten der ehemals luxemburgischen Gesellschaft
ebenso verpflichtet und gebunden ist;

6. Vollmachtserteilung;
7. Verschiedenes.
Der Alleingesellschafter erbittet die unterzeichnende Notarin sodann, die folgenden Beschlüsse zu dokumentieren:

Erster Beschluss

Der Alleingesellschafter beschließt, die Nationalität der Gesellschaft zu ändern und den Gesellschaftssitz, die Haupt-

verwaltung sowie den tatsächlichen Sitz der Geschäftsführung der Gesellschaft vom Großherzogtum Luxemburg in die

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Bundesrepublik Deutschland im Einklang mit Artikel 199 des luxemburgischen Gesetzes vom 10. August 1915 über Han-
delsgesellschaften, basierend auf den Jahresabschlüssen für das bis zum 31. Dezember 2014 laufende Geschäftsjahr und
vorbehaltlich eines vor einem deutschen Notar gefassten Beschlusses des Alleingesellschafters der Gesellschaft nach
deutschem Recht über diesen Transfer, zu verlegen.

Zweiter Beschluss

Der Alleingesellschafter beschließt, der Umwandlung der Gesellschaft in eine Gesellschaft mit beschränkter Haftung

nach deutschem Recht und der Namensänderung in DA EB GmbH ohne Auflösung der Gesellschaft beziehungsweise ohne
Gründung einer neuen Gesellschaft, weder in rechtlicher noch steuerlicher Hinsicht und vorbehaltlich eines vor einem
deutschen Notar gefassten Beschlusses der Alleingesellschafterin der Gesellschaft nach deutschem Recht über diesen
Transfer zuzustimmen.

Dritter Beschluss

Der Alleingesellschafter beschließt, den Gesellschaftssitz auf Nürnberg und die Geschäftsadresse auf 3, Philippstraße,

D-44803 Bochum, Bundesrepublik Deutschland, festzulegen.

Vierter Beschluss

Der Alleingesellschafter beschließt, Herrn Bernd Kielbassa und Herrn Bernd Gremm als verbleibende Geschäftsführer

der Gesellschaft nach ihrer Umwandlung in eine Gesellschaft mit beschränkter Haftung nach deutschem Recht anzuer-
kennen.

Fünfter Beschluss

Der Alleingesellschafter beschließt, den Verbleib aller Aktiva und Passiva (ohne Beschränkung und vollumfänglich)

der ehemals luxemburgischen Gesellschaft bei der ununterbrochen bestehenden Gesellschaft, die weiterhin Inhaberin aller
Aktiva sein wird und durch die bereits eingegangenen Verpflichtungen und Verbindlichkeiten der ehemals luxemburgi-
schen Gesellschaft mit beschränkter Haftung, ebenso verpflichtet und gebunden ist, zu bestätigen.

Sechster Beschluss

Der Alleingesellschafter beschließt, einen jeden Rechtsanwalt von NautaDutilh Avocats Luxembourg S.à r.l., jeden

Angestellten der unterzeichnenden Notarin, jeden Rechtsanwalt von Noerr LLP und jeden Angestellten des dokumendier-
enden deutschen Notars, zu beauftragen und zu bevollmächtigen, jeder einzeln und mit der Vollmacht, Untervollmachten
zu erteilen, im Namen der Gesellschaft handelnd, sämtliche in Deutschland bzw. im Großherzogtum Luxemburg notwen-
digen Handlungen und Formalitäten durchzuführen betreffend die Löschung aus dem Luxemburger Handelsregister
(Registre de Commerce et des Sociétés) und der entsprechenden Veröffentlichung im Luxemburger Handelsblatt (Mémorial
C, Recueil des Sociétés et Associations) sowie hinsichtlich der Eintragung in das entsprechende deutsche Handelsregister
und deren jeweilige Veröffentlichung zu vollziehen und durchzuführen.

Da über keine weiteren Punkte der Tagesordnung zu entscheiden ist, wird die

Ausgaben

Die Höhe der Auslagen, Kosten, Aufwendungen und Lasten jeglicher Art, die der Gesellschaft aufgrund dieser Urkunde

entstehen, werden auf ungefähr eintausendsiebenhundert Euro (EUR 1.700.-) geschätzt.

Erklärung

Die amtierende Notarin, die Englisch versteht und spricht, hält hiermit fest, dass auf Anfrage der erschienenen Parteien

diese Urkunde in Englisch, gefolgt von einer deutschen Übersetzung, verfasst wurde. Auf Antrag selbiger Parteien soll im
Falle von Abweichungen zwischen dem englischen und dem deutschen Text die englische Version Vorrang haben.

Woraufhin vorliegende, Urkunde am eingangs erwähnten Datum, von der unterzeichnenden Notarin in Luxemburg

aufgenommen wurde.

Nach Vorlesung und Erläuterung der Urkunde gegenüber dem erschienen Bevollmächtigten, der der Notarin vom Namen

und Sitz her bekannt ist, hat dieser zusammen mit der beurkundenden Notarin gegenwärtige Urkunde unterzeichnet.

Signé: Bonert, GRETHEN.
Enregistré à Luxembourg Actes Civils 1, le 11 mai 2015. Relation: 1LAC/2015/14600. Reçu soixante-quinze euros

(75,00 €).

Le Receveur (signé): Paul Molling.

Pour expédition conforme, délivrée aux fins de la publication au Mémorial C.

Luxembourg, le 18 mai 2015.

Référence de publication: 2015073998/186.
(150084697) Déposé au registre de commerce et des sociétés de Luxembourg, le 19 mai 2015.

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Protea Fund, Société d'Investissement à Capital Variable.

Siège social: L-1855 Luxembourg, 15, avenue J.F. Kennedy.

R.C.S. Luxembourg B 80.092.

The shareholders of Protea Fund (the Company) (the Shareholders), an undertaking for collective investment in trans-

ferable securities under the form of an investment company with variable capital (société d'investissement à capital
variable), organised as a public limited liability company (société anonyme) pursuant to part I of the Luxembourg act dated
17 December 2010 on undertakings for collective investment, as amended (the 2010 Law), are hereby informed that at the
first extraordinary general meeting of the shareholders of the Company, which was held before Maître Henri Hellinckx,
notary residing in Luxembourg, Grand Duchy of Luxembourg, on 8 May 2015 at 5 p.m. (Luxembourg time) (the First
EGM), no share of the outstanding shares of the Company were present or represented and the quorum required by article
67-1 (2) of the Luxembourg law of 10 August 1915 on commercial companies, as amended (the 1915 Law), was therefore
not reached.

Notice is hereby given to the Shareholders of a second

EXTRAORDINARY GENERAL MEETING

(the Second EGM), in accordance with article 67-1 (2) of the 1915 Law, to be held on 25 June 2015 at 11:30 am

(Luxembourg time) at 101, rue de Cents, L-1319 Luxembourg, Grand Duchy of Luxembourg]to consider and pass reso-
lutions on the following agenda:

Agenda:

1. Approval of the following amendments to the articles of incorporation of the Company (the Articles), which are

available at the registered office of the Company, for the purpose of reflecting the requirements and provisions of
the 2010 Law:
(i) The replacement in the Articles of the reference to the law of 20 December 2002 on undertakings for collective
investment, as amended (the Law of 2002), by the reference to the Law of 2010.
(ii) The replacement in the Articles of the terms " catégorie " and " sous-catégorie " by the terms " compartiment "
and " classe ", respectively, and consequently to amend article 5 of the Articles in order to:

(A) remove the sentence " Chaque catégorie d'actions représente un compartiment. " in paragraph 5 ; and
(B) remove paragraph 16 (last paragraph).

(iii) Various amendments to the Articles for consistency reasons and more specifically the following formal amend-
ments :

(A) the replacement of article 3 second paragraph of the Articles which will read as follows :
"La Société peut prendre toutes mesures et accomplir toutes opérations qu'elle jugera utiles à l'accomplissement

et au développement de son but au sens le plus large dans le cadre de la Partie I de la loi du 17 décembre 2010 relative
aux organismes de placement collectif (ci-après la "Loi de 2010").";

(B) the replacement of the reference to the Law of 2002 by the Law of 2010 in article 16 second paragraph of the

Articles ;

(C) the replacement of the reference of the Law of 2002 by the Law of 2010 in article 20 of the Articles ;
(D) the replacement of the reference of the Law of 2002 by the Law of 2010 in article 30 of the Articles.

(iv) Amendment of article 5 of the Articles to replace paragraphs 7 to 12 by the following provisions relating to
mergers in compliance with the Law of 2010:

"I. Fusion décidée par le conseil d'administration
Le conseil d'administration pourra décider de fusionner (au sens de la Loi de 2010) la Société ou l'un ou plusieurs

de ses compartiments en qualité d'organisme de placement collectif en valeurs mobilières (" OPCVM ") respective-
ment de compartiment absorbant ou absorbé, en conformité avec les procédures prévues par la Loi de 2010 concernant
notamment le projet de fusion et l'information à fournir aux actionnaires comme suit:

A. Fusion de la Société
Le conseil d'administration peut décider de fusionner la Société en qualité d'OPCVM absorbant ou absorbé avec

un autre OPCVM luxembourgeois ou d'un autre état membre de l'Union Européenne (le " Nouvel OPCVM "),
respectivement avec un compartiment d'un Nouvel OPCVM et, le cas échéant, de requalifier les actions de la Société
concernées comme actions de ce Nouvel OPCVM, respectivement du compartiment d'un tel OPCVM. Dans le cas
où la Société est le fonds absorbant (au sens de la Loi de 2010), le conseil d'administration seul peut décider de la
fusion, respectivement de sa date d'effectivité.

Dans le cas où la Société est le fonds absorbé (au sens de la Loi de 2010), et de fait, cesse d'exister, l'assemblée

générale des actionnaires doit approuver et décider de la fusion, respectivement de sa date d'effectivité par une
résolution prise sans condition de quorum et à la majorité simple des suffrages exprimés.

B. Fusion de compartiments

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U X E M B O U R G

Le conseil d'administration peut décider de fusionner (au sens de la Loi de 2010) un ou plusieurs compartiments

en qualité de compartiment absorbant ou absorbé avec un compartiment existant ou avec un autre compartiment au
sein d'un Nouvel OPCVM (le " Nouveau Compartiment ") ou avec un Nouvel OPCVM et le cas échéant de requalifier
les actions du compartiment concernées comme actions de ce Nouvel OPCVM, respectivement de ce Nouveau
Compartiment.

Cette décision (relative à la fusion de la Société et également à la fusion de compartiments) sera portée à la

connaissance des actionnaires au moyen d'un avis écrit qui mentionnera, en outre, le contexte et la motivation de la
fusion proposé et les caractéristiques du Nouveau Compartiment, dans les délais prévus par la Loi de 2010 afin de
permettre aux actionnaires qui le souhaiteraient de demander le rachat ou la conversion de leurs actions, sans frais,
pendant cette période. A l'issue de cette période, les actions des actionnaires qui n'ont pas demandé le rachat ou la
conversion des actions qu'ils détiennent dans le compartiment concerné seront automatiquement converties en actions
du Nouveau Compartiment.

II : Fusion décidée par l'assemblée générale des actionnaires
Nonobstant les pouvoirs conférés au conseil d'administration par le paragraphe précédent, le conseil d'adminis-

tration convoque l'assemblée générale des actionnaires qui pourra décider de fusionner (au sens de la Loi de 2010)
la Société ou l'un ou plusieurs de ses compartiments en qualité d'OPCVM respectivement de compartiment absorbant
ou absorbé, en conformité avec les procédures, telles que prévues par la Loi de 2010 concernant notamment le projet
de fusion et l'information à fournir aux actionnaires comme suit :

A. Fusion de la Société
L'assemblée générale des actionnaires peut décider de fusionner la Société en qualité d'OPCVM absorbant ou

absorbé avec un Nouvel OPCVM, respectivement avec un compartiment d'un tel OPCVM.

Aucun quorum ne sera requis lors de telles assemblée générales et les résolutions pourront être prises par le vote

affirmatif de la majorité simple des actions présentes ou représentées et votant à de telles assemblées.

B. Fusion de compartiments
L'assemblée générale d'un compartiment peut décider de fusionner (au sens de la Loi de 2010) ce compartiment

en qualité de compartiment absorbant ou absorbé avec un Nouveau Compartiment (tel que défini au point I.B. ci-
dessus) ou avec un Nouvel OPCVM.

Aucun quorum ne sera requis lors de telles assemblées générales et les résolutions pourront être prises par le vote

affirmatif de la majorité simple des actions présentes ou représentées et votant à de telles assemblées.

Les actionnaires seront dans tous les cas de fusion autorisés à demander sans frais autres que ceux retenus par

l'OPCVM pour couvrir les coûts de désinvestissement le rachat ou le remboursement de leur(s) part(s), ou lorsque
c'est possible, leur conversion, sans frais en part(s) d'un autre OPCVM poursuivant une politique de placement
similaire et géré par la même société de gestion ou par toute autre société à laquelle la société de gestion est liée dans
le cadre d'une communauté de gestion ou de contrôle ou par une importante participation directe ou indirecte. "
(v) The replacement of article 6 of the Articles for allowing the Company to issue dematerialised shares, as follows :
" La Société peut, sur décision du conseil d'administration, décider d'émettre des actions nominatives ou des actions
dématérialisées. Les actions dématérialisées sont exclusivement émises par voie d'inscription dans un compte
d'émission tenu par un teneur de compte central autorisé ou par organisme de liquidation autorisé qui est désigné par
la Société et mentionné dans le prospectus.
L'actionnaire recevra une confirmation de son actionnariat, à moins que la société ne décide d'émettre des certificats
nominatifs. Si un actionnaire nominatif désire que plus d'un certificat soit émis pour ses actions le coût de ces
certificats additionnels pourra être mis à charge de l'actionnaire. Les certificats seront signés par deux administrateurs.
Les deux signatures pourront être soit manuscrites, soit imprimées, soit apposées au moyen d'une griffe. Toutefois
l'une des signatures pourra être apposée par une personne déléguée à cet effet par le conseil d'administration; en ce
cas, elle doit être manuscrite. La Société pourra émettre des certificats provisoires dans les formes qui seront dé-
terminées par le conseil d'administration.
Les actions ne sont émises que sur acceptation de la souscription et réception du prix d'achat comme il est prévu à
l'article 24 ci-après.
Le paiement de dividendes aux actionnaires nominatifs se fera à leur adresse portée au registre des actionnaires.
Toutes les actions nominatives émises par la Société seront inscrites au registre des actionnaires qui sera tenu par la
Société ou par une ou plusieurs personnes désignées à cet effet par la Société et ce registre doit indiquer le nom de
chaque propriétaire d'actions nominatives, sa résidence ou son domicile élu, le nombre d'actions qu'il détient et le
montant payé sur chacune des actions. Tout transfert d'actions sera inscrit au registre des actions.
Le transfert d'actions nominatives se fera (a) si des certificats ont été émis, par la remise à la Société des certificats
représentant ces actions, ensemble avec tous autres documents de transfert exigés par la Société, et (b) s'il n'a pas
été émis de certificats, par une déclaration de transfert écrite portée au registre des actions, datée et signée par le
cédant et le cessionnaire, ou par leur mandataire justifiant des pouvoirs requis.
Tout propriétaire d'actions nominatives devra fournir à la Société une adresse à laquelle toutes les communications
et toutes les informations pourront être envoyées. Cette adresse sera inscrite également sur le registre des actions.

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U X E M B O U R G

Au cas où un actionnaire en nom ne fournit pas d'adresse à la Société, mention pourra en être faite au registre des
actions, et l'adresse de l'actionnaire sera censée être au siège social de la Société ou à telle autre adresse qui sera fixée
par la Société, ceci jusqu'à ce qu'une autre adresse soit fournie par l'actionnaire. L'actionnaire pourra à tout moment
faire changer l'adresse portée au registre des actions par une déclaration écrite envoyée à la Société à son siège social,
ou à telle autre adresse qui pourra être fixée périodiquement par la Société.
Les détenteurs d'actions dématérialisées doivent fournir, ou doivent s'assurer que l'agent du registre communique à
la Société les informations permettant d'identifier les détenteurs d'actions dématérialisées en conformité avec la loi
applicable. Si, suite à la demande expresse de la Société, le détenteur d'actions dématérialisées ne communique pas
les informations demandées, ou fourni des informations erronées ou incomplètes pendant un délai tel que requis par
la loi ou par le conseil d'administration, ce dernier peut décider de suspendre les droits de vote attachés à tout ou une
partie des actions dématérialisées détenues par la personne concernée jusqu'à ce que l'information requise soit com-
muniquée.
L'émission de fractions d'actions d'un maximum de cinq décimales est permise mais les fractions n'auront aucun droit
de vote. Des certificats confirmant la possession des fractions d'actions ne seront pas émis. "
(vi) Amendment of article 11 of the Articles for inserting a last paragraph as follows :
" Les convocations aux assemblées générales peuvent prévoir que le quorum et la majorité à l'assemblée générale
sont déterminés en fonction des actions émises et en circulation le cinquième jour qui précède l'assemblée générale
à vingt-quatre heures (heure de Luxembourg) (la " date d'enregistrement "). Les droits d'un actionnaire de participer
à une assemblée générale et d'exercer le droit de vote attaché à ses actions seront déterminés en fonction des actions
détenues par cet actionnaire à la date d'enregistrement. Si des actions dématérialisées sont émises, les droits d'un tel
actionnaire de participer à une assemblée générale et d'exercer le droit de vote attaché à ses actions seront déterminés
dans les conditions prévues par la loi. "
(vii) Amendment of article 16 of the Articles with the view :

(A) to add a point (v) in the second paragraph for allowing the Company to benefit from the provisions of the

Law of 2010 on cross-investments, as follows :

" (v) en actions d'un ou plusieurs compartiments, dans les limites et conditions prévues par la Loi de 2010, sous

réserve que:

(a) le compartiment cible n'investit pas à son tour dans le compartiment qui est investi dans ce compartiment cible;

(b) la proportion d'actifs que les compartiments cibles dont l'acquisition est envisagée, peuvent investir globale-

ment, conformément à leurs documents constitutifs, dans des parts ou actions d'autres compartiments cibles du même
OPC ne dépasse pas 10%; et

par le compartiment en question et sans préjudice d'un traitement approprié dans la comptabilité et les rapports
périodiques; et

(d) en toutes hypothèses, aussi longtemps que ces titres seront détenus par la Société, leur valeur ne sera pas prise

en compte pour le calcul de l'actif net de la Société aux fins de vérification du seuil minimum des actifs nets imposé
par la Loi de 2010. "

(B) to add a last paragraph for allowing the Company to benefit from the provisions of the Law of 2010 on master-

feeder structures, as follows :

" Dans les conditions prévues par les lois et règlements luxembourgeois, le conseil d'administration peut à tout

moment, selon les conditions prévues par le prospectus, décider (i) d'établir un compartiment sous forme d'OPCVM
nourricier ou d'OPCVM maître, (ii) de convertir un compartiment existant en compartiment nourricier ou (iii) de
changer l'OPCVM maître d'un quelconque compartiment nourricier. "

2. Miscellaneous.

The full text of the revised Articles is available to the Shareholders upon request at the registered office of the Company.
In order to be admitted to the Second EGM, please send a notice in this respect by fax at the latest t two (2) business

days in advance of the Second EGM at fax number: +352 22 02 29 (attention to: Mrs Sarah Schneider).

Power of attorney forms may be obtained by simple request at the same address.
Shareholders are informed that any completed power of attorney which was returned for attendance at the First EGM

held on 8 May 2015 (even, for the avoidance of doubt, after the deadline set for return of the same in respect of the First
EGM) will remain valid for the Second EGM, provided that the Shareholders having submitted their forms of power of
attorney in respect of the First EGM have not notified the Company in writing of the withdrawal of their form of power of
attorney in respect of the First EGM, at the time on which the deadline for posting of forms of power of attorney in respect
of the Second EGM expires (it being understood that a completed power of attorney returned on time for the Second EGM
shall be deemed to constitute a withdrawal of any power of attorney returned with respect to the First EGM) and that the
relevant proxy shall be valid only for the number of shares that each of the relevant Shareholder holds on 25 June 2015.

Only Shareholders entitled to vote on 25 June 2015 at 11:30 am (Luxembourg time) will be entitled to vote. Changes

to entries on the register of Shareholders after the above time shall be disregarded in determining the rights of persons to
vote (and the number of votes they may cast) at the Second EGM.

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U X E M B O U R G

Shareholders are advised that no quorum is required for the Second EGM to validly deliberate and vote upon items of

its agenda and that resolutions to be adopted at the Second EGM require a two-thirds majority of the votes validly cast,
abstentions, blank (blanc) and spoilt (nul) votes not being taken into account. Each share of the Company is entitled to one
vote.

Shareholders should note that if the Second EGM votes in favour of the above resolutions, the Articles will be amended

accordingly. Shareholders who voted against the resolutions, abstained from voting, cast a blank (blanc) or spoilt (nul) vote
at the Second EGM will be bound by the decision of the Second EGM. Any redemptions of shares of the Company will
be subject to the provisions of the prospectus of the Company.

Protea Fund
On behalf of the board of directors
Référence de publication: 2015075740/755/187.

Action Sports S.A., Société Anonyme.

Siège social: L-4123 Esch-sur-Alzette, 32, rue du Fossé.

R.C.S. Luxembourg B 139.074.

In the year two thousand and fifteen, on the nineteenth day of May.
Before Us, Maître Léonie GRETHEN, notary, residing in Luxembourg, Grand-Duchy of Luxembourg,

THERE APPEARED:

Mr Leander Scherer, employee, with professional address at L-2123 Esch-sur-Alzette, 32, rue du Fossé,
acting in his capacity as a special proxy-holder issued by the board of directors (société anonyme) established and

existing in the Grand-Duchy of Luxembourg under the name “Action Sports S.A.” (hereinafter, the Company), with re-
gistered office at 32, Rue du Fossé, L-4123 Esch-sur-Alzette, registered with the Luxembourg Trade and Companies
Register under number B 139.074, incorporated pursuant to a deed of Maître Paul DECKER, then notary residing in
Luxembourg, of 4

March, 2008, published in the Mémorial C, Recueil des Sociétés et Associations under number 1578,

dated June 26

, 2008, and whose bylaws have been last amended pursuant to a deed of Maître Martine SCHAEFFER,

notary residing in Luxembourg, of May 6, 2014, published in the Mémorial C, Recueil des Sociétés et Associations under
number 1885 on July 7, 2014.

by virtue of one (1) power of attorney granted by resolutions of the board of directors on 12 May 2015 (the “Resolutions”),
a copy of said Resolutions, signed ne varietur by the proxyholder of the board of directors of the Company and the

undersigned notary, will remain attached to the present deed to be filed with the registration authorities.

The appearing person, representing the Board pursuant to the Resolutions, requested the notary to record the following

statements:

I. The subscribed share capital of the Company is set at seven and fifty thousand Euro (EUR 750,000.-) consisting of

seven hundred fifty thousand (750,000) shares with a nominal value of one euro (EUR 1) each.

II. That on terms of article 5 (paragraph 3 and four) of the articles of association, the authorized capital is as follows:

“ 5.3. The subscribed capital of the Company may be increased or reduced by a resolution of the general meeting of the

shareholders adopted in the manner required for amendment of these articles of association. The Company may, to the
extent and under terms permitted by law, redeem its own shares.

For a period of time of five (5) years as of the publication of the extraordinary general meeting pf May 6

, 2014, the

Board of Directors is authorised to increase the basic capital of the Company by one million seven hundred fifty thousand
euro (EUR 1,750,000) by a decision up to two million euro (EUR 2,00,000.-), with a pro-rata payment by the shareholders.”

III. That the board of Directors of the Company, in its resolutions taken on May 31, 2012 and confirmed on May 12,

2015 and in accordance with the authorities conferred on it by the terms of article 5 of the articles of incorporation, has
recorded the completion of an increase of capital, with effect as of July 31, 2012, in the amount of one hundred forty-five
thousand Euro (EUR 145,000.-) so as to raise the subscribed capital from its present amount of seven hundred fifty thousand
Euro (EUR 750,000.-) to the amount of eight hundred eighty-five thousand Euro (EUR 895,000.-), by the creation and
issuance of one hundred forty-five thousand (145,000) shares with a nominal value of one Euro (EUR 1.-) each.

IV. The New Shares have been fully subscribed and paid up in cash on 31 July 2012 as follows:
one hundred twenty thousand (120,000) shares have been subscribed: by Magic City Properties (Cyprus) LTD, with

registered offices at Kirzis Center D 25, 3031 Limassol Cyprus

twelve thousand five hundred (12,500) shares by Mr German Guillermo Suarez-Pumariega Holzhauer, born on 23

January 1966 in La Coruna, Spain, residing at 7, Calle Polvorin, CS B, SP-15172 - Perillo Santa Leocadia, La Coruna

twelve thousand five hundred (12,500) shares by Mr Peter German Suarez-Pumeriega Holzhaver, born on 16 July 1962

in Munich, Germany, residing at 11, St. Anna Strasse, D-80539 Munich, Germany;

The amount of one hundred forty-five thousand euros (EUR 145,000.-) has been at the free disposal of the Company

on 31 July 2012.

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U X E M B O U R G

V. The cash contributions so made in an aggregate amount of one hundred forty-five thousand euros (EUR 145,000.-)

to the Company are allocated to the nominal share capital account of the Company.

VI. As a result of the above, the article 5.1. of the Articles shall now read as follows:

“ Art. 5. (1). The share capital of the Company is set at eight hundred and ninety five thousand Euro (EUR 895,000.-),

consisting of eight hundred and ninety five thousand (895.000) ordinary shares with a nominal value of one Euro (EUR
1.-) each.”

IV. Pursuant to the provisions of Article 22 of the law of December 9

, 1976 on the organization of the notarial

profession, the notary has drawn the attention of the directors of the Company, on the contents of article 32-1 of the law
of 1915 to the commercial companies. After the notary has read this article to the appearing party, this one declares
understand the content of the article and declares fully assume the consequences.

Costs

The expenses, costs, fees and charges of any kind whatsoever which will have to be borne by the Company as a result

of the above resolutions are estimated at one thousand six hundred Euro (EUR 1,600.-).

Declaration

The undersigned notary, who understands and speaks English, states herewith that on request of the proxy holder of the

above appearing persons, the present deed is worded in English, followed by a German version. On request of the same
person and in case of divergences between the English and the German text, the English version will be prevailing.

WHEREOF, the present deed was drawn up in Luxembourg, on the date first written above.
The document having been read to the proxy holder of the persons appearing, who is known to the notary by her full

name, civil status and residence, she signed together with Us, the notary, the present deed.

Suit la traduction en langue allemande du texte qui précède

Im Jahre zweitausendundfünfzehn, am neunzehnten Mai.
Vor dem unterzeichnenden, Maître Léonie GRETHEN, Notar, mit Amtssitz in Luxemburg, Großherzogtum Luxemburg,

IST ERSCHIENEN:

Herr Leander Scherer, Angestellter, beruflich wohnhaft in L-4123 Esch-sur-Alzette, 32, rue du Fossé,
in seiner Funktion als Vollmachtbesitzer des Verwaltungsrats (société anonyme) gegründet und bestehend im Groß-

herzogtum Luxemburg unter dem Namen “Action Sports S.A.” (nachstehend genannt, die Gesellschaft), mit Gesell-
schaftssitz in 32, Rue du Fossé, L-4123 Esch-sur-Alzette, eingetragen im Registre de Commerce et des Sociétés de
Luxembourg unter der Nummer B 139.074, gegründet am 4. März 2008, durch notarielle Urkunde von Maître Paul DE-
CKER, Notar mit Amtssitz in Luxemburg, Großherzogtum Luxemburg, welche im Mémorial C, Recueil des Sociétés et
Associations, Nummer 1578, vom 26. Juni 2008 veröffentlicht wurde, Die Satzung der Gesellschaft wurde zuletzt am 6.
Mai 2014 durch notarielle Urkunde von Maître Martine SCHAEFFER, Notar mit Amtssitz in Luxemburg, Großherzogtum
Luxemburg, welche im Mémorial C, Recueil des Sociétés et Associations, Nummer 1885 vom 7.Juli 2014 veröffentlicht
wurde, geändert.

aufgrund einer (1) Vollmacht ausgestellt durch Verwaltungsratsbeschlüsse vom 12. Mai 2015 (die “Beschlüsse”).
eine Kopie der obengenannten Beschlüsse, unterzeichnet ne varietur durch den Besitzer der Vollmachtsurkunde und

den unterzeichneten Notar, werden der folgenden notariellen Beurkundung angeschlossen für die Eintragung bei den zu-
ständigen Behörden.

Die obengenannte Person die den Verwaltungsrat vertritt auf Grund der Beschlüsse, bat den Notar folgende Aussagen

festzuhalten:

I. Das gezeichnete Aktienkapital der Gesellschaft beträgt siebenhundertfünfzigtausend Euro (EUR 750.000,-) und ist

in siebenhundertfünfzigtausend (750.000) Aktien mit einem Nennwert von jeweils einem Euro (EUR 1,-) eingeteilt.

II. Gemäß Artikel 5 (Absatz 3 und vier) der Satzbestimmungen, gestaltet sich das erlaubte Kapital wie folgt:

“ 5.3. das gezeichnete Aktienkapital der Gesellschaft kann durch Beschluss der Generalversammlung der Aktionäre,

entsprechend den gesetzlichen Erfordernissen für Satzungsänderungen, erhöht oder herabgesetzt werden. Die Gesellschaft
kann im Rahmen des Gesetzes und nah den darin festgelegten Bedingungen eigen Aktien erwerben.

Während einer Dauer von fünf (5) Jahren ab Veröffentlichung der außerordentlichen Generalversammlung vom 6. Mai

2014, ist der Verwaltungsrat ermächtigt, das Grundkapital der Gesellschaft um bis zu einer Million siebenhundertfünfzig-
tausend Euro (EUR 1.750.000,-) auf insgesamt zwei Millionen Euro (EUR 2.000.000,-) zu erhöhen, wobei jeweils eine
prorata Einzahlung durch die Aktionäre vorgesehen ist.“

III. Auf Basis der nach Artikel 5 der Satzungen angegeben Zulassungen, hat der Verwaltungsrat durch Beschlüsse vom

31. Mai 2012, bestätigt durch die Beschlüsse vom 12. Mai 2015, eine Kapitalerhöhung zum 31. Juli 2012 in Höhe von
einhundertfünfundvierzigtausend Euro (EUR 145.000,-) um das Stammkapital von siebenhundertfünfzigtausend Euro
((EUR 750.000,-) auf achthundertfünfundneunzigtausend Euro (EUR 895.000,-) zu erhöhen, durch die Erlassung von
einhundertfünfundvierzigtausend (145.000) Aktien mit einem Nennwert von jeweils einem Euro (EUR 1,-) pro Aktie.

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IV. die neuausgegebenen Aktien wurden am 31. Juli 2012 wie folgt komplett gezeichnet:
- einhundertzwanzigtausend (120.000) Aktien durch die zypriotische Gesellschaft Magic City Properties (Cyprus) LTD,

with registered offices at Kirzis Center D 25, 3031 Limassol Cyprus,

- zwölftausendfünfhundert (12.500) Aktien durch Herrn German Guillermo Suarez-Pumariega Holzhauer, geboren am

23. Januar 1966 in La Coruna, Spanien, wohnhaft in 7, Calle Polvorin, CS B, SP-15172 - Perillo Santa Leocadia, La Coruna;

- zwölftausendfünfhundert (12.500) Aktien durch Herrn Peter German Suarez- Pumeriega Holzhaver, geboren am 16.

July 1962 in München, Deutschland, wohnhaft in 11, St. Anna Strasse, D-80539 München, Deutschland;

V. Die Bareinlagen in einem addierten Betrag von einhundertfünfundvierzigtausend Euro (EUR 145.000,-) sind auf das

Konto das nominale Stamkapitals der der Gesellschaft eingegangen.

VI. Durch das oben festgehaltene, soll, Artikel 5.1. der Satzbestimmungen jetzt wie folgt gelesen werden:

„ Art. 5. Das gezeichnete Aktienkapital beträgt achthundertfünfundneunzigtausend Euro (EUR 895.000,-) uns ist in

achthundertfünfundneunzigtausend (895.000) Aktien mit einem Nennwert von jeweils einem Euro (EUR 1,-) eingeteilt.“

V. Betreffend den Rückstellungen des Artikels 22 vom Gesetz des 9. Dezembers 1976, betreffend der Organisation des

Notarberufes, hat der Notar die Verwaltungsratsmitglieder der Gesellschaft auf den Inhalt des Artikels 32-1 vom Gesetz
von 1915 über Handelsgesellschaften aufmerksam gemacht. Danach der Notar den anwesenden Parteien den Artikel vor-
gelesen, und diese haben vorgegeben den Inhalt des Artikels verstanden zu haben und alle möglichen Konsequenzen zu
tragen.

Kosten

Die Kosten, Gebühren, Honorare und Auslagen, jeder Art die auf Grund der obengenannten Beschlüsse entstehen,

müssen von der Gesellschaft getragen werden und werden auf eintausendsechshundert Euro (EUR 1.600,-) geschätzt.

Erklaerung

Der unterzeichnende Notar, der Englisch spricht und versteht, bestätigt, dass auf Anfrage des Bevollmächtigten der oben

erschienen Personen, folgende Urkunde auf Englisch abgefasst ist, gefolgt von einer deutschen Fassung. Auf Anfrage der
gleichen Person, und im Falle von Abweichungen zwischen dem Englischen und dem Deutschen Text, wird die englische
Fassung maßgebend sein.

WORÜBER URKUNDE, aufgenommen in Luxemburg, am Datum wie eingangs erwähnt.
Da dieses Dokument dem Bevollmächtigten der erschienenen Personen vorgelesen wurde, welche der Notar mit ihrem

ganzen Namen, Personenstand, Wohnsitz kennt, hat sie zusammen mit uns unterschrieben, der Notar, diese notarielle
Urkunde.

Gezeichnet: Scherer, GRETHEN.
Enregistré à Luxembourg Actes Civils 1, le 21 mai 2015. Relation: 1LAC/2015/15686. Reçu soixante-quinze (75.-)

euros.

Le Receveur (signé): Paul Molling.

Für gleichlautende Ausfertigung, ausgestellt zwecks Veröffentlichung im Memorial C.

Luxemburg, den 21. Mai 2015.

Référence de publication: 2015075080/138.
(150086534) Déposé au registre de commerce et des sociétés de Luxembourg, le 21 mai 2015.

Wole SA, Société Anonyme.

Siège social: L-2420 Luxembourg, 11, avenue Emile Reuter.

R.C.S. Luxembourg B 130.409.

Ripli Holding S.A., Société Anonyme Soparfi.

Siège social: L-2420 Luxembourg, 11, avenue Emile Reuter.

R.C.S. Luxembourg B 76.724.

L’AN DEUX MIL QUINZE, LE SEPT MAI.
Par-devant Maître Cosita DELVAUX, notaire de résidence à Luxembourg, Grand-Duché de Luxembourg, soussignée.

A comparu:

Madame Samia CHABANE, employée, demeurant professionnellement à Luxembourg,
I.- agissant en tant que mandataire du conseil d'administration de la société anonyme WOLE S.A., ci-après désignée,
en vertu de pouvoirs lui conférés suivant les résolutions du conseil d'administration prises en date du 31 mars 2015,
dont une copie, après avoir été signée «ne varietur» par le comparant et le notaire instrumentant, restera annexée au

présent acte pour être formalisée avec lui;

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II.- agissant en tant que mandataire du conseil d'administration de la société anonyme RIPLI HOLDING S.A., ci-après

désignée,

en vertu de pouvoirs lui conférés suivant les résolutions du conseil d'administration prises en date du 31 mars 2015,
dont une copie, après avoir été signée «ne varietur» par le comparant et le notaire instrumentant, restera annexée au

présent acte pour être formalisée avec lui.

Laquelle comparante, ès-qualités qu'elle agit, requiert le notaire instrumentant d'acter que les conseils d'administration

des deux sociétés mentionnées ci-dessus ont convenu le projet de fusion suivant (le «Projet de Fusion»):

1. La société WOLE S.A., une société anonyme de droit luxembourgeois, ayant son siège social au 11, Avenue Emile

Reuter, L -2420 Luxembourg, inscrite au Registre de Commerce et des Sociétés de Luxembourg, à la section B, sous le
numéro 130409, constituée en date du 10 juillet 2007, suivant acte reçu par Maître Paul BETTINGEN, notaire de résidence
à Niederanven, publié au Mémorial C, Recueil des Sociétés et Associations numéro 1995 du 15 septembre 2007, et dont
les statuts ont été modifiés par acte de Maître Paul BETTINGEN, prénommé, le 30 novembre 2010, publié au Mémorial
C, Recueil des Sociétés et Associations numéro 235 du 4 février 2011, au capital social de trois cent mille euros (EUR
300.000,-) représenté par 3.000 (trois mille) actions d'une valeur nominale de cent euros (EUR 100,-) chacune, intégralement
souscrites et entièrement libérées,

détient l'intégralité (100%) des actions, représentant la totalité du capital social et donnant droit de vote,
de la société RIPLI HOLDING S.A., une société anonyme de droit luxembourgeois, ayant son siège social au 11, Avenue

Emile Reuter, L -2420 Luxembourg, inscrite au Registre de Commerce et des Sociétés de Luxembourg, à la section B, sous
le numéro 76724, constituée suivant acte reçu par Maître Edmond Schroeder, alors notaire de résidence à Mersch, le 11
juillet 2000, publié au Mémorial C, Recueil des Sociétés et Associations C numéro 820 du 9 novembre 2000, et dont les
statuts ont été modifiés par acte de Maître Paul BETTINGEN, prénommé, le 29 octobre 2009, publié au Mémorial C,
Recueil des Sociétés et Associations numéro 235 du 17 décembre 2009, au capital social d’un million huit cent vingt mille
euros (EUR 1.820.000,-), représenté par mille huit cent vingt (1.820) actions d’une valeur nominale de mille euros (EUR
1.000,-) chacune, intégralement souscrites et entièrement libérées.

Aucun autre titre donnant droit de vote ou donnant des droits spéciaux n'a été émis par les sociétés pré-mentionnées.
2. La société WOLE S.A. (encore appelée la «Société Absorbante») entend fusionner, conformément aux dispositions

des articles 278 et 279 de la loi du 10 août 1915 sur les sociétés commerciales telle que modifiée, avec la société RIPLI
HOLDING S.A. (encore appelée la «Société Absorbée»), laquelle fera apport de tous ses actifs et passifs à la Société
Absorbante.

3. La date à partir de laquelle les opérations de la Société Absorbée sont considérées du point de vue comptable comme

accomplies pour compte de la Société Absorbante est fixée au 31 mai 2015.

4. Aucun avantage particulier n'est attribué aux administrateurs ou commissaires aux comptes des sociétés qui fusion-

nent.

5. La fusion prendra effet entre les parties un mois après la publication du projet de fusion au Mémorial C, Recueil des

Sociétés et Associations, conformément aux dispositions de l'article 9 de la loi du 10 août 1915 sur les sociétés commerciales
telle que modifiée.

6. Les actionnaires de la Société Absorbante ont le droit, pendant un mois à compter de la publication du projet de fusion

au Mémorial C, Recueil des Sociétés et Associations, de prendre connaissance, au siège, des documents indiqués à l'article
267 (1) a), b) et c) de la loi du 10 août 1915 sur les sociétés commerciales et ils peuvent en obtenir une copie sans frais et
sur simple demande.

7. Les actionnaires de la Société Absorbante qui détiennent au moins cinq pour cent (5%) des actions du capital souscrit

sont autorisés, pendant le mois qui précède la date d'effet de la fusion, d'exiger la convocation d'une assemblée générale
extraordinaire des actionnaires de la Société Absorbante pour délibérer et voter sur l'approbation de la fusion.

8. A défaut de convocation d'une assemblée ou du rejet du projet de fusion par celle-ci, la fusion deviendra définitive

comme indiqué ci-avant au point 5 et entraînera de plein droit les effets prévus à l'article 274 de la loi sur les sociétés
commerciales et notamment sous son littera a).

9. Les sociétés fusionnantes se conformeront à toutes les dispositions légales en vigueur en ce qui concerne les décla-

rations à faire pour le paiement de toutes impositions éventuelles ou taxes résultant de la réalisation définitive des apports
faits au titre de la fusion, comme indiqué ci-après.

10. Décharge pleine et entière est accordée aux administrateurs et au commissaire aux comptes de la Société Absorbée.
11. Les documents sociaux de la Société Absorbée seront conservés pendant le délai légal au siège de la Société Ab-

sorbante.

12. Formalités - La Société Absorbante:
- effectuera toutes les formalités légales de publicité relatives aux apports effectués au titre de la fusion;
- fera son affaire personnelle des déclarations et formalités nécessaires auprès de toutes administrations qu'il conviendra

pour faire mettre à son nom les éléments d'actif apportés;

- effectuera toutes formalités en vue de rendre opposable aux tiers la transmission des biens et droits à elle apportés.

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13. Remise de titres - Lors de la réalisation définitive de la fusion, la Société Absorbée remettra à la Société Absorbante

les originaux de tous ses actes constitutifs et modificatifs ainsi que les livres de comptabilité et autres documents comptables,
les titres de propriété ou actes justificatifs de propriété de tous les éléments d'actif, les justificatifs des opérations réalisées,
les valeurs mobilières ainsi que tous contrats, archives et autres documents quelconques relatifs aux éléments et droits
apportés.

14. Frais et droits - Tous les frais, droits et honoraires dus au titre de la fusion seront supportés par la Société Absorbante.
La Société Absorbante acquittera, le cas échéant, les impôts dus par la Société Absorbée sur le capital et les bénéfices

au titre des exercices non encore imposés définitivement.

Déclaration

Le notaire soussigné déclare attester la légalité du présent Projet de Fusion, conformément aux dispositions de l'article

271 (2) de la loi sur les sociétés commerciales.

Evaluation des frais

Le montant des frais, dépenses, rémunérations et charges, sous quelque forme que ce soit, qui incombent à la Société

Absorbante à raison des présentes est évalué à environ quatre mille cinq cents euros (EUR 4.500,-).

DONT ACTE, fait et passé à Luxembourg, date qu'en tête des présentes.
Et après lecture faite et interprétation donnée au comparant, connu du notaire par ses nom, prénom, état et demeure, il

a signé avec Nous, le notaire, le présent acte.

Signé: S. CHABANE, C. DELVAUX.
Enregistré à Luxembourg Actes Civils 1, le 08 mai 2015. Relation: 1LAC/2015/14395. Reçu douze euros 12,00 €.

Le Receveur (signé): P. MOLLING.

POUR EXPEDITION CONFORME, délivrée aux fins de dépôt au Registre de Commerce et des Sociétés de Luxem-

bourg et aux fins de publication au Mémorial C, Recueil des Sociétés et Associations.

Luxembourg, le 19 mai 2015.

Me Cosita DELVAUX.

Référence de publication: 2015074953/98.
(150084944) Déposé au registre de commerce et des sociétés de Luxembourg, le 20 mai 2015.

Rocatex, Société Anonyme.

Siège social: L-1637 Luxembourg, 5, rue Goethe.

R.C.S. Luxembourg B 11.853.

L'an deux mille quinze, le vingt-neuf avril
Pardevant Nous, Maître Martine SCHAEFFER, notaire de résidence à Luxembourg, Grand-Duché de Luxembourg,

S'est réunie

l'Assemblée Générale Extraordinaire de l'actionnaire unique de la Société ROCATEX, avec siège social à L-1637 Lu-

xembourg, 5, rue Goethe, constituée suivant acte notarié de Me. Camille HELLINCKX, alors notaire de résidence à
Luxembourg, en date du 27 mars 1974, publié au Mémorial C, Recueil Spécial des Sociétés et Associations Numéro 100
du 13 mai 1974. Les statuts ont été modifiés en dernier lieu, suivant acte notarié du notaire soussigné, agissant en rempla-
cement de Maître André-Jean-Joseph SCHWACHTGEN, notaire alors de résidence à Luxembourg en date du 12 septembre
2006, publié au Mémorial C, Recueil Spécial des Sociétés et Associations Numéro 2134 du 15 novembre 2006.

La séance est ouverte sous la présidence de Madame Sabine Perrier, employée privée, avec adresse professionnelle au

124, Boulevard de la Pétrusse, L - 2330 Luxembourg.

Madame la Présidente désigne comme secrétaire Madame Marilyn KRECKÉ, employée privée, demeurant profession-

nellement à L-1750 Luxembourg, 74, avenue Victor Hugo.

L'assemblée élit comme scrutatrice, Madame Isabel DIAS, employée privée, demeurant professionnellement à la même

adresse.

Madame la Présidente expose ensuite:
I.- Qu'il résulte d'une liste de présence dressée et certifiée par les membres du bureau que les onze mille (11.000) actions

d'une valeur nominale de mille ($ 1.000) US Dollars chacune, représentant l'intégralité du capital social de onze millions
($ 11.000.000) US Dollars sont dûment représentées à la présente assemblée qui en conséquence est régulièrement con-
stituée et peut délibérer ainsi que décider valablement sur les points figurant à l'ordre du jour ci-après reproduit, l'actionnaire
unique ayant accepté de se réunir sans convocation préalable.

Ladite liste de présence, portant la signature de l'actionnaire représenté, restera annexée au présent procès-verbal en-

semble avec la procuration pour être soumise en même temps aux formalités de l'enregistrement.

II. que l'ordre du jour de la présente assemblée est comme suit:
1. Décision de mettre en liquidation la Société;

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2. Nomination d'un liquidateur et détermination de ses pouvoirs;
3. Décharge à donner aux administrateurs et au commissaire-aux-comptes pour l'exécution de leurs mandats à ce jour;
4. Divers.
L'Actionnaire Unique prend les résolutions suivantes:

Première résolution

L'Actionnaire Unique décide de la mise en liquidation de la Société avec effet à partir de ce jour.

Deuxième résolution

L'Actionnaire Unique décide de nommer liquidateur: Madame Sabine PERRIER, employée privée, née le 22 avril 1959

à Thionville, France, avec adresse professionnelle au 124, Boulevard de La Pétrusse, L - 2330 Luxembourg.

Le liquidateur prénommé a la mission de réaliser tout l'actif de la société et d'apurer le passif. Dans l'exercice de sa

mission, le liquidateur est dispensé de dresser inventaire et il peut se référer aux écritures de la société. Le liquidateur pourra
sous sa seule responsabilité, pour des opérations sociales et déterminées, déléguer tout ou partie de ses pouvoirs à un ou
plusieurs mandataires. Le liquidateur pourra engager la société en liquidation sous sa seule signature et sans limitation.

Il dispose de tous les pouvoirs tels que prévus à l'article 144 de la loi sur les sociétés commerciales, ainsi que de tous

les pouvoirs stipulés à l'article 145 de ladite loi, sans avoir besoin d'être préalablement autorisé par l'assemblée générale
des Actionnaires.

Troisième résolution

L'Actionnaire Unique décide d'accorder décharge pleine et entière aux administrateurs et au commissaire-aux-comptes

pour l'exécution de leurs mandats jusqu'à ce jour.

Evaluation des frais

Les dépenses, frais, rémunérations et charges de toutes espèces qui incombent à la société pour le présent acte, sont

évalués à deux mille cent Euros (Euro 2.100.-).

Plus rien ne figurant à l'ordre du jour et personne ne demandant la parole, la séance a été levée.

DONT ACTE, fait et passé à Luxembourg, date qu'en tête.
Et après lecture faite et interprétation donnée aux comparants, ceux-ci ont signé avec Nous notaire la présente minute.
Signé: S. Perrier, M. Krecké, I. Dias et M. Schaeffer.
Enregistré à Luxembourg Actes Civils 2, le 30 avril 2015. 2LAC/2015/9559. Reçu douze euros (12.- €).

Le receveur (signé): André Muller.

POUR COPIE CONFORME, délivrée à la demande de la prédite société, sur papier libre, aux fins de publication au

Mémorial, Recueil des Sociétés et Associations.

Luxembourg, le 18 mai 2015.

Référence de publication: 2015074127/63.
(150083896) Déposé au registre de commerce et des sociétés de Luxembourg, le 19 mai 2015.

Oteli Europe S.à r.l., Société à responsabilité limitée.

Siège social: L-1331 Luxembourg, 21, boulevard Grande-Duchesse Charlotte.

R.C.S. Luxembourg B 139.225.

L'an deux mille quinze, le huitième jour du mois de mai,
Par-devant Maître Marc Loesch, notaire de résidence à Mondorf-Les-Bains, Grand-Duché de Luxembourg,

s'est tenue

l'assemblée générale extraordinaire des associés de Oteli Europe S.à r.l., une société à responsabilité limitée, constituée

et existante selon les lois du Grand-Duché de Luxembourg, ayant son siège social au 21, Boulevard Grande-Duchesse
Charlotte, L-1331 Luxembourg, immatriculée auprès du Registre de Commerce et des Sociétés de Luxembourg sous le
numéro B 139.225 (la "Société") et constituée en vertu d'un acte reçu par Maître Gérard Lecuit, notaire de résidence à
Luxembourg en date du 28 mai 2008, publié au Mémorial C, Recueil des Sociétés et Associations (le "Mémorial") le 28
juin 2008 numéro 1597.

Les statuts de la Société ont été modifiés pour la dernière fois suivant un acte reçu par Maître Gérard Lecuit, notaire de

résidence à Luxembourg en date du 20 mai 2009, publié au Mémorial le 18 juin 2009 numéro 1193.

L'assemblée générale extraordinaire des associés est déclarée ouverte à 18.30 heures sous la présidence de Me Kristof

De Wael, résidant professionnellement à Luxembourg, qui a désigné comme secrétaire Ms Betty Kizimalé-Grant, résidant
professionnellement à Luxembourg.

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L'assemblée générale extraordinaire des associés a choisi comme scrutateur Me Fouzia Benyahia, résidant profession-

nellement à Luxembourg.

Le bureau de l'assemblée générale extraordinaire des associés ayant été constitué, le président déclare et requiert du

notaire instrumentant de prendre acte que:

I. Les associés présents ou représentés, les mandataires des associés représentés et le nombre de parts sociales qu'ils

détiennent sont renseignés sur une liste de présence, signée par les associés présents, le bureau de l'assemblée, les manda-
taires des associés représentés et le notaire soussigné. Ladite liste de présence restera annexée au présent acte pour être
soumise avec lui aux formalités de l'enregistrement.

Les procurations des associés représentés, après avoir été paraphées "ne varietur" par les comparants, resteront également

annexées au présent acte.

II. Il ressort de la liste de présence que l'intégralité du capital social est représentée à la présente assemblée. Les associés

présents ou représentés se reconnaissent dûment convoqués et déclarent avoir eu connaissance de l'ordre du jour qui leur
a été communiqué au préalable.

III. La présente assemblée, réunissant l'intégralité du capital social de la Société est régulièrement constituée et peut

délibérer valablement, telle qu'elle est constituée, sur les points portés à l'ordre du jour.

IV. L'ordre du jour de l'assemblée générale extraordinaire est le suivant:

Ordre du jour

1. Réduction du capital social de la Société d'un montant de cinq millions dix-sept mille sept cent quatre-vingt-cinq

Euros (EUR 5.017.785) afin de le réduire de son montant actuel de cinq millions trois cent trente-huit mille soixante-huit
Euros (EUR 5.338.068) représenté par cinq millions trois cent trente-huit mille soixante-huit (5.338.068) parts sociales
d'une valeur nominale d'un Euro (EUR 1) chacune à trois cent vingt mille deux cent quatre-vingt-trois Euros (EUR 320.283),
représenté par cinq millions trois cent trente-huit mille soixante-huit (5.338.068) parts sociales sans valeur nominale;

2. Modification subséquente de l'article 5 des statuts de la Société;
3. Divers.
L'assemblée générale extraordinaire des associés de la Société adopte à l'unanimité des voix les résolutions suivantes:

Première résolution

L'assemblée générale extraordinaire des associés de la Société décide de réduire le capital social de la Société d'un

montant de cinq millions dix-sept mille sept cent quatre-vingt-cinq Euros (EUR 5.017.785) afin de le réduire de son montant
actuel de cinq millions trois cent trente-huit mille soixante-huit Euros (EUR 5.338.068) représenté par cinq millions trois
cent trente-huit mille soixante-huit (5.338.068) parts sociales d'une valeur nominale d'un Euro (EUR 1) chacune, à trois
cent vingt mille deux cent quatre-vingt-trois Euros (EUR 320.283), représenté par cinq millions trois cent trente-huit mille
soixante-huit (5.338.068) parts sociales sans valeur nominale.

L'assemblée générale extraordinaire des associés de la Société décide que la réduction de capital susmentionnée produira

effets à l'égard des associés de la Société et de la Société elle-même à compter du 31 octobre 2014 sans préjudice des
intérêts des créanciers de la Société.

Le montant de cinq millions dix-sept mille sept cent quatre-vingt-cinq Euros (EUR 5.017.785) correspondant au montant

de la réduction du capital social a été distribué aux associés le 31 octobre 2014 de la Société comme suit:

- Hotels Suisse Invest S.A.S, une société par actions simplifiée à capital variable existante selon les lois de France, ayant

son siège social au c/o CDC GPI (Groupe Caisse des Dépôts et Consignations) 56, Rue de Lille, 75356 Paris 07 SP, France
et immatriculée auprès du Registre du Commerce et des Sociétés de Paris sous le numéro 504 142 092 R.C.S. Paris a reçu
un montant d'un million six cent soixante-douze mille cinq cent quatre-vingt-quinze Euros (EUR 1.672.595);

- Alternative Property Income Venture S.C.A., une société en commandite par actions existante selon les lois du Grand-

Duché de Luxembourg, ayant son siège social au 21, Boulevard Grande-Duchesse Charlotte, L-1331 Luxembourg, et
immatriculée auprès du Registre de Commerce et des Sociétés de Luxembourg sous le numéro B 124.359 a reçu un montant
d'un million six cent soixante-douze mille cinq cent quatre-vingt-quinze Euros (EUR 1.672.595); et

- European Hotel Venture S.C.A., une société en commandite par actions existante selon les lois du Grand-Duché de

Luxembourg, ayant son siège social au 21, Boulevard Grande-Duchesse Charlotte, L-1331 Luxembourg et immatriculée
auprès du Registre de Commerce et des Sociétés de Luxembourg sous le numéro B 138.271 a reçu un montant d'un million
six cent soixante-douze mille cinq cent quatre-vingt-quinze Euros (EUR 1.672.595).

Seconde résolution

En conséquence de la résolution qui précède, l'assemblée générale extraordinaire des associés décide de modifier l'article

5 des statuts de la Société qui aura désormais la teneur suivante:

« Art. 5. Capital Émis. Le capital émis de la Société est fixé à trois cent vingt mille deux cent quatre-vingt-trois euros

(EUR 320.283) représenté par cinq millions trois cent trente-huit mille soixante-huit (5.338.068) parts sociales sans valeur
nominale, celles-ci étant entièrement libérées.

Les droits et obligations inhérents aux Parts Sociales sont identiques sauf stipulation contraire des Statuts ou des Lois.

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En plus du capital émis, un compte prime d'émission peut être établi sur lequel seront transférées toutes les primes

d'émission payées sur Parts Sociales. Le solde de ce compte prime d'émission peut être utilisé pour régler le prix des Parts
Sociales que la Société a rachetées à ses associés, pour compenser toute perte nette réalisée, pour distribuer des dividendes
aux associés ou pour affecter des fonds à la réserve légale.».

Plus rien n'étant à l'ordre du jour, la séance est levée à 18.40 heures.

DONT ACTE, le présent acte a été fait et passé à Luxembourg, le jour qui figure en tête du présent acte.
Après la lecture faite et interprétation donnée aux comparants, connus du notaire instrumentant par nom, prénom usuel,

état et demeure, ils ont signé avec le notaire le présent acte.

Signé: K. De Wael, B. Kizimalé-Grant, F. Benyahia, M. Loesch.
Enregistré à Grevenmacher A.C., le 13 mai 2015. GAC/2015/4126. Reçu soixante-quinze euros. 75,00 €.

Le Receveur (signé): G. SCHLINK.

Pour expédition conforme,

Mondorf-les-Bains, le 19 mai 2015.

Référence de publication: 2015074058/90.
(150084542) Déposé au registre de commerce et des sociétés de Luxembourg, le 19 mai 2015.

La Casa Grande SICAV SIF, Société d'Investissement à Capital Variable - Fonds d'Investissement Spécialisé.

Siège social: L-2557 Luxembourg, 7A, rue Robert Stümper.

R.C.S. Luxembourg B 169.443.

In the year two thousand and fifteen, on the twenty eighth day of April.
Before the undersigned Maître Gérard LECUIT, notary residing in Luxembourg.

Was held

an extraordinary general meeting of the shareholders of LA CASA GRANDE SICAV SIF (the “Company”) an invest-

ment company with variable share capital - Specialized Investment Fund, with registered office at 7A, rue Robert Stümper,
L-2557 Luxembourg duly registered with the Luxembourg Trade Register under section B number 169.443, incorporated
by a deed of the undersigned notary on June 5

, 2012 published in the Mémorial, Recueil des Sociétés et Associations C

number 1581 dated June 25

, 2012. The articles of incorporation haven't been modified since that date.

The meeting was opened by Ms Martine VERMEERSCH, employee, residing professionally in Luxembourg, being in

the chair,

who appointed as secretary Ms Christiane DIADEMI, employee, residing professionally in Luxembourg.
The meeting elected as scrutineer Ms Isabelle BELMON, employee, residing professionally in Luxembourg.
The board of the meeting having thus been constituted, the chairman declared and requested the notary to state that:
I. The shareholders present or represented, the proxyholders of the represented shareholders and the number of their

shares are shown on an attendance list; this attendance list, after been signed “ne varietur” by the shareholders, the proxy-
holders of the represented shareholders, the board of the meeting and the undersigned notary, will remain annexed to the
present deed.

The proxies of the represented shareholders after been signed by the board of the meeting and the undersigned notary

will also remain annexed to the present deed.

II. The present extraordinary general meeting has been convened by notices containing the agenda and sent by registered

mail on April 15

, 2015.

The relevant excerpts are at the disposal of the meeting.
III. As it appears from the attendance list, all the shares in circulation are represented at the present extraordinary general

meeting, so that the meeting is regularly constituted and can validly decide on all the items of the agenda of which the
shareholder declares having had full prior knowledge.

IV.- The agenda of the present meeting is the following:
(i) Decision to dissolve and liquidate the SICAV;
(ii) Appointment of Andbank Luxembourg as liquidator represented by Mr Gerard Estrada and Mr Antoine Pasquet;
(iii) Determination of the power and remuneration of the liquidator for the liquidation of the SICAV;
(iv) Appointment of Mazars Luxembourg as auditor to the liquidation;
(v) Miscellaneous.
After the foregoing has been approved by the meeting, the meeting unanimously took the following resolutions:

First resolution

The meeting decides to dissolve and liquidate the Company with effect as from this day.

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U X E M B O U R G

Second resolution

The meeting decides to appoint, as liquidator of the Company, Andbank Luxembourg S.A., a company with registered

office at 7A, rue Robert Stümper, L-2557 Luxembourg, R.C.S. Luxembourg B 150131 represented by Mr Gerard Estrada,
Managing Director, Mr Antoine Pasquet, Risk Manager, both professionally residing in 7A, rue Robert Stümper, L-2557
Luxembourg.

Third resolution

The meeting resolves to confer to the liquidator the broadest powers set forth in articles 144 et seq. of the law of 10

August 1915 governing commercial companies, as amended (the «Law»).

The liquidator shall be entitled to pass all deeds and carry out all operations, including those referred to in article 145

of the Law, without the prior authorisation of the general meeting of shareholders. The liquidator may, under his sole
responsibility, delegate his powers for specific defined operations or tasks, to one or several persons or entities.

The liquidator shall be authorised to make, in his sole discretion, advance payments of the liquidation proceeds (boni

de liquidation) to the shareholders of the Company, in accordance with article 148 of the Law.

The liquidator is exempted from the obligation of drawing up an inventory, and may in this respect fully rely on the

books of the Company.

The liquidator shall be remunerated according to standard usage.

Fourth resolution

The meeting decides the appointment of Mazars Luxembourg, a company having its registered office at 10A, rue Henri

M. Schnadt, L-2530 Luxembourg (R.C.S. Luxembourg B 159.962), as auditor to the liquidation.

There being no further business, the Meeting is closed.

Expenses

The expenses, costs, fees and charges which shall be borne by the Company as a result of the present deed are estimated

at one thousand five hundred Euro (EUR 1,500).

The undersigned notary who understands and speaks English, states herewith that on request of the above appearing

person, the present deed is worded in English with no need of further translation in accordance with Article 26(2) of the
Law of 13 February 2007 relating to specialised investment funds, as amended.

WHEREOF, the present notarial deed was drawn up in Luxembourg, in the office, on the day named at the beginning

of this document.

The document having been read to the persons, appearing, who are known to the notary by their surname, first name,

civil status and residence, they signed together with the notary the present deed.

Signé: M. VERMEERSCH, C. DIADEMI, I. BELMON, G. LECUIT.
Enregistré à Luxembourg Actes Civils 1, le 4 mai 2015. Relation: 1LAC/2015/13742. Reçu douze euros (EUR 12,-).

Le Receveur (signé): P. MOLLING.

POUR EXPEDITION CONFORME, délivrée aux fins de publication au Mémorial, Recueil des Sociétés et Associations.

Luxembourg, le 13 mai 2015.

Référence de publication: 2015073969/76.
(150084528) Déposé au registre de commerce et des sociétés de Luxembourg, le 19 mai 2015.

Presta-Services S.A., Société Anonyme.

Siège social: L-8413 Steinfort, 12, rue du Cimetière.

R.C.S. Luxembourg B 49.961.

Statuts coordonnés déposés au registre de commerce et des sociétés de Luxembourg.
Pour mention aux fins de la publication au Mémorial, Recueil des Sociétés et Associations.

Luxembourg, le 2 avril 2015.

Pour copie conforme
Pour la société
Maître Carlo WERSANDT
Notaire

Référence de publication: 2015051374/14.
(150058821) Déposé au registre de commerce et des sociétés de Luxembourg, le 3 avril 2015.

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3A Alternative Funds, Société d'Investissement à Capital Variable.

Siège social: L-1160 Luxembourg, 16, boulevard d'Avranches.

R.C.S. Luxembourg B 88.843.

Notice is hereby given to the Shareholders of 3A ALTERNATIVE FUNDS (the "Company") that since the ordinary

general meeting convened to be held on 18 May 2015 was unable to deliberate validly, a second

GENERAL MEETING

of the Company shareholders ("the Annual Meeting") is hereby convened to be held at the registered office set above

at 11.00 a.m. on Thursday 25 June 2015 , to deliberate and vote on the following agenda:

Agenda:

1. Presentation of the Report of the Alternative Investment Fund Manager for the accounting year ended 31 December

2014

2. Presentation of the Report of the Auditors for the accounting year ended 31 December 2014
3. Approval of the Audited Annual Report for the accounting year ended 31 December 2014
4. Discharge of the Board of Directors in respect of their duties carried out for the accounting year ended 31 December

2014

5. Election of Monsieur Alexandre Pierron as Director, to serve as such until the Annual General Meeting to approve

the Audited Annual Report for the accounting year ending on 31 December 2015

6. Re-election of Messrs Massimo Paolo Gentili, Xavier Guillon, Jean Keller and Jérôme Wigny as Directors, to serve

as such until the Annual General Meeting to approve the Audited Annual Report for the accounting year ending on
31 December 2015

7. Re-election of PricewaterhouseCoopers, Société coopérative as Auditor of the Company until the Annual General

Meeting to approve the Audited Annual Report for the accounting year ending on 31 December 2015

8. Allocation of the results for the accounting year ended 31 December 2014
9. Approval of Directors' fees

10. Consideration of such other business as may properly come before the meeting

Notice is also hereby given to the Shareholders of the Company that the extraordinary general meeting which followed

the

ORDINARY GENERAL MEETING

on 18 May 2015, was unable to deliberate validly, having failed to attain the requested quorum, a reconvened Extraor-

dinary General Meeting of the Company shareholders (the "Extraordinary Meeting") will be held at the registered office
set above at 11.30 a.m. on Thursday 25 June 2015 ,or any adjournment thereof, to deliberate and vote on the following
agenda:

Agenda:

1. Amendment of the name of the Company from "3A ALTERNATIVE FUNDS" into "OYSTER ALTERNATIVE"
2. General restatement of the articles of Incorporation of the Company to (i) bring the Articles in line with the require-

ments of the 2013 Law, (ii) proceed with a replacement throughout the Articles of the reference to the Luxembourg
law of 20 December 2002 on undertakings for collective investment by the Luxembourg law of 17 December 2010
on undertakings for collective investment, and (iii) to proceed with a general update of the Articles in order for them
to reflect the currently admitted standards.

Voting

No quorum will be required in relation to the Annual Meeting and the Extraordinary Meeting. The resolutions will be

adopted if approved (i) by a majority of the votes cast in relation to the Annual Meeting and (ii) by a two thirds majority
of the votes cast in relation to the Extraordinary Meeting.

Voting Arrangements

Shareholders may vote in person or by proxy who need not be another shareholder in the Company. Proxy Cards can

be obtained from the registered office of the Company. To be valid, a Proxy Card must be deposited at the registered office
of 3A ALTERNATIVE FUNDS at HSBC Bank plc, Luxembourg branch, Attention: Registration Team, 16 Boulevard
d'Avranches, L-1160 Luxembourg, Fax No: (352) 27025 380 no later than 22 June.

A copy of the Audited Annual Report for the accounting year ended 31 December 2014, the draft prospectus and

consolidated Articles, including among others the changes described above are available free of charge at the registered
office of the Company.

The Board of Directors.

Référence de publication: 2015075741/41/55.

Editeur:

Service Central de Législation, 43, boulevard F.-D. Roosevelt, L-2450 Luxembourg

Imprimeur: Association momentanée Imprimerie Centrale / Victor Buck

64368

Document Outline

3A Alternative Funds

Action Sports S.A.

Alamco Global Fund

Arabesque SICAV

AWL Immo S.C.S. Sicav-Sif

Berkeley Finance S.A. SPF

Brick Wall Investment S.A.

Euro American S.A.

Euroblick Holding S.A.

Forden Investments S.A.

Glass Holding S.A.

Global Property Portfolio Fund

Haston S.A., SPF

Impex Overseas Trading Holding S.A.

International Fund Mix:

Japan Fund Management (Luxembourg) S.A.

KBL Key Fund

La Casa Grande SICAV SIF

Livigno Invest S.A.

LRI Invest S.A

Monterey Capital I Sàrl

Movestic SICAV

Mutualité de Cautionnement et d'Aide aux Commerçants

Newluxco 4 S.A.

Oteli Europe S.à r.l.

Peri SPF S.A.

PLANET SUN Luxembourg S.A.

Presta-Services S.A.

Protea Fund

Ravena Investment SA

REO Cergy Etoile, S.à r.l.

Ripli Holding S.A.

Rocatex

Rockhouse Société Immobilière S.A.

Sofidra S.A.

Source Automation Luxembourg S.A.

Sterope Management S.A.

Stream Co SA

Textilco S.A.

Thule S.A.

Tisakurp Invest S.A.

T.Rowe Price Funds Series II Sicav

Wole SA