Sustainability Policy

Política de Sustentabilidade.

01Introduction

Point Capital Partners, SGOIC, S.A. (“Point Capital Partners”) is a venture capital company registered with the Portuguese Securities Market Commission (CMVM), whose main activity is venture capital investment, through the management of venture capital funds, real estate investment, through the management of real estate alternative investment entities, social entrepreneurship investment, through the management of social entrepreneurship funds, and specialized alternative investment, through the management of specialized alternative investment funds.

In order to disclose the commitments established and the approach pursued in terms of responsible investment, Point Capital Partners has adopted this Sustainability Policy (“Policy”), which describes how ESG (Environmental, Social, and Governance) criteria are integrated into its investment strategy.

02Regulatory Framework and Definitions

In drafting this Policy, the following regulations have been taken into account:

— Regulation (EU) 2019/2088 of November 27, 2019, on disclosure of sustainability-related information in the financial services sector (SFDR Regulation);
— Regulation (EU) 2022/1288 of April 6, establishing the regulatory framework for technical standards developing the SFDR regime (RTS Regulation);
— Regulation (EU) 2020/852 of June 18, 2020, which defines the EU sustainability taxonomy (Taxonomy Regulation).

Sustainability Factors

Environmental, social and labor issues, respect for human rights, fight against corruption and bribery.

Sustainability Risks

Events or conditions of an environmental, social or governance nature that could have a significant negative impact on the value of the investment.

Sustainable Investment

Investment in an economic activity that contributes to an environmental and/or social objective, provided that the beneficiary companies employ good governance practices.

03Principles for Responsible Investment

Point Capital Partners, as Managing Entity, acts in the best interests of the investors in the funds it manages, believing that environmental, social and governance issues can affect the performance of its investment portfolios.

The company is a signatory to the Principles for Responsible Investment (PRI), which include:

1 ESG considerations should be incorporated into investment analysis and decision-making processes.
2 Being proactive and incorporating ESG considerations into asset management policies and practices.
3 Encourage disclosure of ESG-related actions in the companies in which the funds invest.
4 Promote the acceptance and implementation of the Principles in the financial sector.
5 Work together for a more effective implementation of the Principles.
6 Disseminate reports on activities and progress in implementing the Principles.
04Principles Adopted in Investment Decisions

Point Capital Partners is committed to incorporating sustainability criteria into its investment process to mitigate risks and promote sustainable returns. Key areas of focus include:

a Environmental: Climate change mitigation and adaptation measures, pollution prevention and control, sustainable use of natural resources.
b Social: Prevention of discrimination based on gender, race or other factors, respect for human rights, health and safety at work, protection of consumer rights.
c Governance: Structure and composition of the management body, protection of shareholders’ rights, remuneration policies, internal control systems.
05Strategy and axes of application
a Sustainable Investment: Systematic integration of ESG factors into the investment process, aimed at mitigating risks and promoting sustainable returns.
b Excluded Sectors: Avoid investments in sectors or companies that promote harmful activities, such as radioactive materials (except for medicinal purposes), illegal activities, corruption, child and forced labor, pornography, prostitution, and human rights violations.
c ESG Risk Management: Integration of ESG risks into Point Capital Partners’ risk matrix, assessing the potential impact on investments.
06Approval, Oversight and Review

This Policy was approved by the Board of Directors of Point Capital Partners.

Oversight of compliance with this Policy and maintaining it up to date is the responsibility of the ESG Officer, who will submit review proposals to the Board of Directors whenever necessary. The Policy will be reviewed annually.

07Publication

The Sustainability Policy is available for consultation on the Management Company’s website, at www.pointcapital.pt, in the Portuguese and English versions. www.pointcapital.pt, nas versões portuguesa e inglesa.