Merger of the Korunový realitný fond into the Prvý realitný fond

Dear investors,

At IAD Investments, we have long been working on developing and streamlining the management of mutual funds, therefore, the Board of Directors of IAD Investments, správ. spol., a.s. (hereinafter referred to as “IAD”) has decided to merge, effective 25.11.2026, the mutual fund Korunový realitný fond, o.p.f., IAD Investments, správ. spol., a.s. (hereinafter referred to as “KRF”) into the mutual fund Prvý realitný fond, o.p.f., IAD Investments, správ. spol., a.s. (hereinafter referred to as “PRF”), in accordance with the final decision of the National Bank of Slovakia granting prior approval for the merger of the mutual funds (decision dated 29.09.2026, Ref. No.: NBS1-000-126-335, Reg. No.: 100-001-270-767, which became final on 29.09.2026).

In the PRF mutual fund investors have the option to invest in either EUR or CZK, as the fund issues two types (classes) of units—the EUR Class and the CZK Class. This is one of the reasons why the KRF mutual fund, which allows for investment in CZK-denominated units, is being merged into the PRF fund. At IAD, we view this merger as a step that supports the long-term interests of investors. We are convinced that this change will have a positive impact on our investors’ investments.

On the merger date, KRF investors’ fund units will be automatically exchanged for units of the PRF fund, CZK Class (without requiring any action on the part of the investor), ensuring the investment remains denominated in Czech crowns. As of 25.11.2026, they will become unitholders of the PRF fund and will be able to exercise PRF unitholder rights in the standard manner. The Korunový realitný fond will cease to exist upon the merger on 25.11.2026.