SFDR Disclosures

Knight Capital B.V. | SFDR website disclosures
1) Introduction
In order to comply with the sustainable finance disclosure regulation (SFDR) 1 ¹, Knight Capital B.V. (Knight Capital)
makes the following disclosures.
2) Integration of sustainability risks
A sustainability risk means: "an environmental, social or governance event or condition that, if it occurs, could
cause an actual or potential material negative impact on the value of the investment"

Before any investment decisions are made on behalf of a fund that Knight Capital manages, an investment decision
process is followed which in regard to specific investments includes the approval of the investment committee of
such fund. Knight Capital views ESG as a standard topic in the pre-investment process. Part of the investment
decisions process is that Knight capital assesses the risks attached to a potential investment opportunity, which
includes sustainability risks. Identified sustainability risks are considered by Knight Capital
when making investment decisions.
In addition, the remuneration policy of Knight Capital takes into account compliance with its policies and procedures
and discourages excessive risk-taking among others in relation to sustainability risks. Employees are made aware
of the applicable policies and procedures when starting their employment with Knight Capital.

3) No consideration of sustainability adverse impacts
In accordance with article 4 sub 1 (b) of the SFDR, Knight Capital states that it does not consider adverse impacts
of investment decisions on sustainability factors as set forth in article 4 sub 1 (a) of the Disclosure Regulation and
therefore does not make the disclosures as described in article 4 sub 1 (a) of the SFDR. At this stage Knight
Capital does not consider the adverse impacts of its investment decisions on sustainability factors, (i) because
Knight Capital could not reasonably gather and/or measure all the relevant data of the portfolio companies of
Knight Capital, taking into account reasonable cost for clients and investors and (ii) due to the small size of the
organisation of Knight Capital, such disclosure as set forth in article 4 sub 1 (a) of the SFDR and the administrative
burden in connection therewith would not be proportional.
Knight Capital continues to closely monitor the market developments (including the level of availability of the data)
as well as the regulatory developments. Knight Capital will at least on an annual basis review whether and when to
comply with article 4 sub 1 (a) of the SFDR.

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1. Regulation (EU) 2019/2088

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