Announcement about modified fees

Dear Clients, Investors,

Aegon Hungary Fund Management Company Limited by Shares (registered office: H-1091 Budapest, Üllői street 1., company registration number: 01-10-044261, hereinafter as: Company), hereby informs its Investors that, pursuant to the Management Board decision (No.: 4/2022) from 2 March 2022, until withdrawal, the Net Asset Value calculation of the Aegon Russia Equtiy Investment Fund will set the asset management fee, success fee and the main distributor fee for each series at 0%. As of the above date, the Fund Manager will not charge these costs in the net asset value calculation.

Our Company will inform the Hungarian National Bank as the supervisory body about the modification

3^rd March 2022.

Aegon Hungary Fund Management Co.