Reuss Private Access AG

Duty of co-operation

When implementing Directive 2017/828 EU, asset managers must, in accordance with Liechtenstein law Art. 367h PGR (“Persons and Companies Act”), either develop a participation policy and publish it on their website (§1) and report publicly on its implementation (§2), or provide a clear and reasoned explanation as to why they do not fulfil one or more of the requirements (§3).

Reuss Private Access AG (hereinafter “Company”) falls under the term “asset manager” pursuant to Art. 367a (3) of the Liechtenstein Persons and Companies Act (PGR) and must therefore describe its participation policy in accordance with Art. 367h PGR.

The company does not exercise any shareholder rights within the meaning of Art. 367h para. 1 nos. 1 and 4 PGR that are based on participation in the companies in which the company has invested as part of asset management mandates. In particular, no rights relating to the general meetings of public limited companies are exercised. The right to a share of profits and subscription rights are exercised in consultation with the clients.

• The monitoring of important matters of the companies within the meaning of Art. 367h para. 1 no. 2 PGR takes place by taking note of the legally required reporting of the companies in financial reports and ad hoc announcements.
• There is no exchange of opinions with the corporate bodies and stakeholders of the companies within the meaning of Art. 367h para. 1 no. 3 PGR.
• There is no cooperation with other shareholders within the meaning of Art. 367h para. 1 no. 5 and 6 PGR.
• In the event of conflicts of interest within the meaning of Art. 367h para. 1 no. 7 PGR, disclosure is made to the parties concerned in accordance with the statutory provisions and the further course of action is clarified with them.
• There is no annual publication on the implementation of the participation policy within the meaning of Art. 367h para. 2 PGR because no corresponding exercise of rights takes place.
• Voting behaviour within the meaning of Art. 367h para. 1 no. 3 PGR is not published because there is no participation in votes.

The company is committed to good corporate governance and incentivising management in line with market and legal requirements. We are available for discussions on these topics with interested investors, subject to confidentiality. We regularly review our participation policy and update it where necessary.

01.02.2024