> BNY Pershing is part of the Bank of New York Mellon Corporation, one of the world’s strongest financial institutions, with $52.1 trillion in client assets* under custody and/or administration.

> In compliance with the Financial Conduct Authority’s Client Asset Rules, your investments are held on trust in accounts segregated from BNY Pershingʼs own assets. In other words, they are ring-fenced from BNY Pershingʼs own corporate assets. Therefore, in the unlikely event of default by BNY Pershing, your assets would be allocated to you as the beneficial owner.

> In addition, the FCAʼs Client Asset Rules require BNY Pershing to perform regular checks to verify that investor assets held in trust are accurately recorded.

> In the unlikely event that BNY Pershing had failed to properly apply the FCAʼs Client Asset Rules and had also defaulted on its obligations, eligible investors would be
able to make a claim to the Financial Services Compensation Scheme (FSCS) for any assets lost by BNY Pershing. The FSCS provides cover up to £85,000 per eligible
claimant for investments.

> BNY Pershing also has additional insurance policies in force to protect against financial loss caused by events such as forgery, fraudulent alteration and computer crime.

*As at 30 September 2024

Note: Investor Account Protection Does Not Cover Investment Risk