Announcement Change to the Disclosure of Foreign Exchange Hedging and Base Management Fee in Compliance with the SEC Notifications for 201 Mutual Funds

25 March 2026

The Securities and Exchange Commission (SEC) has issued the following notifications:

Circular No. NorJor.(Wor) 9/2568 regarding the foreign exchange hedging
Circular No. NorJor.(Wor) 2/2569 regarding the base management fee

Summary of notifications per following details.

Subject	Existing	New
Foreign Exchange Hedging	Fully hedged / Almost fully hedged	Fully hedged between 95% and 105% of the foreign exposure.
	Partially hedged	Partially hedged not exceed 95% of the foreign exposure.
	Dynamic hedging	Dynamic hedging Between 0% and 105% of the foreign exposure.
	Unhedged	Unhedged
Management Fee	Disclosure of maximum management fee and actual management fee	Additional disclosure of “base management fee” which reflects the actual management fee to be charged in long term.

SCB Asset Management Co., Ltd. (SCBAM) has already updated the 201 Funds (as listed in the attached table) to comply with the above SEC notifications, which will be effective from 16 April 2026 onwards.

Such changes relate solely to the disclosure format as required by the SEC and do not affect the Funds’ investment policies, FX hedging approaches, or the actual fee currently charged.

Attachment of Fund Amendment

Announced on 25 March 2026
SCB Asset Management Company Limited