Side Pockets - May 2021 report SCBADAGIO & SCBMBOND

2 August 2021

As SCB Asset Management Company Limited (SCBAM) previously announced on the closure of SCBADAGIO and SCBMBOND and returned the sale proceeds from the Mirror Fund after deduction of expenses to the unitholders.

SCBAM would like to further update on the Side Pockets reports of 30^th June 2021 of H2O Adagio SP SR and H2O MultiBonds SP I (the Master Funds of SCBADAGIO and SCBMBOND respectively) as follows:

ISIN Code Side Pocket	Name of the Side Pockets in EUR	Date of split	Latest available 30 June 2021	Change in estimated valuation from 31/05 to 30/06
FR0013535077	H2O Adagio SP SR	(1 October 2020 ) 8.71	8.58	0.23%
FR0013535960	H2O MultiBonds SP I	(5 October 2020) 43,471.09	41,749.10	0.34%

Monthly comments:

June 2021

The change in the above estimated valuations from May 31^st to June 30^th, 2021 essentially resulted from the positive impact of the accrued interests on the instruments in the Side Pockets.

Source: Side Pockets – June 2021 report as of 19^th July 2021 from H2O Asset Management.

Please be informed accordingly.
SCB Asset Management Company Limited