Management Company

AllianceBernstein (Luxembourg) S.à.r.l. has been approved by the Commission de Surveillance du Secteur Financier (CSSF) as a management company subject to Chapter 15 of the amended Law of December 17, 2010 relating to Undertakings for Collective Investment, and it has been authorized by the CSSF as an Alternative Investment Fund Manager within the meaning of Article 16 of the Law of 12 July 2013 and in connection with the Alternative Investment Fund Managers Directive.

The Company is an indirectly wholly-owned subsidiary of AllianceBernstein L.P., a federally-registered investment adviser, with its primary place of business in New York City, being the operating partnership of AllianceBernstein Holding L.P., also a federally-registered adviser and publicly traded on the New York Stock Exchange under the ticker symbol "AB". Each of these entities is subject to the prudential supervision of the U.S. Securities and Exchange Commission.

The Company acts as the global platform for a diversified family of mutual funds (UCITS and alternative funds) distributed in more than 25 countries worldwide across around 100 strategies.

These funds are available exclusively to investors who are not citizens or residents of the United States. They are not sold directly to potential investors, but exclusively through investment professionals.

Policies

Execution Policy documents are available to unit/shareholders upon request through their Financial Intermediary or AB contact center.