Legal Disclosures

LEGAL DISCLOSURES

REGULATION (EU) 2019/2088 OF 27 NOVEMBER 2019 ON SUSTAINABILITY-RELATEDDISCLOSURES IN THE FINANCIAL SERVICES SECTOR AS AMENDED (“SFDR”)

SFDR forms part of the European Commission's action plan on sustainablefinance and imposes transparency obligations and periodic reportingrequirements on financial market participants (including authorized andregistered managers of alternative investment fund managers (AIFMs) at bothproduct and entity level.

As a financial market participant, Luminova Ventures GP S.à r.l. (the “GeneralPartner”), as general partner and registered AIFM of Luminova Ventures FundSCSp (the “Fund”) makes the following disclosures in accordance with SFDR:

 

NO INTEGRATION OF SUSTAINABILITY RISKS

The General Partner, acting as the registered AIFM of Luminova VenturesFund I SCSp  hereby states thatsustainability risks as defined by SDFT are not systematically integrated intothe Fund’s investment decision-making processes and due diligence procedures.Given the Fund’s specialized dual-use early-investment strategy, primarilyfocused on technological innovation and national security-related sectors,sustainability considerations do not form part of the core investment criteria.

 

NO CONSIDERATION OF SUSTAINABILITY ADVERSE IMPACTS

In accordance with Article 4(1)(b) of SFDR, the General Partner does notconsider principal adverse impacts of investment decisions on sustainabilityfactors. Given the nature, scale, and strategic focus of the Fund’sinvestments, conducting detailed assessments of principal adverse impacts onsustainability factors is not considered relevant, proportionate, nor alignedwith the Fund’s investment objectives. This position is subject to periodicreview and may be updated if circumstances significantly change.

 

REMUNERATION

The General Partner is remunerated by means of a fixed GP Annual Shareand the Management Fee calculated on the total capital commitment of thelimited partners during the investment period of the Fund and subject to a cap.