(1) Past performance is not necessarily a guide to future performance. The value of the shares can increase or decrease depending on the risk level that varies between 1 (minimum risk) and 7 (maximum risk). The fund’s Prospectus and the Sub-funds KIIDs are available on the commercializing entities. The returns mentioned are net of management and deposit fees, audit costs and supervisory fee. The figures disclosed imply the taxation borne by the collective investment undertaking and the eventual payment of capital gains tax are investors responsibility. Investing in the collective investment undertaking may result in the loss of invested capital. The disclosed annualized performance measures, calculated based on a period exceeding one year, would only be obtained if the investment was made during the entire reference period. The average annual returns of the Optimize PPR Ativo (started on 25-09-2008), Optimize PPR Equilibrado (started on 25-09-2008), Optimize PPR Moderado (started on 19-08-2010) and Optimize PPR Agressivo (started on 31-12-2019), are defined between the respective start dates and 31-10-2021 (Since inception), between 31-12-2020 and 31-10-2021 (YTD) and between 31-10-2016 and 31-10-2021 (5-year).

(2) Conditions in the Law for reimbursement: retirement, over 60 years old, education expenses and payment of mortgage and over 5 years of investment duration, serious illness, death, long-term unemployment and permanent incapacity for work.