w3.fund management GmbH (“w3.fund management”) is the alternative investment fund manager of w3.fund ventures I GmbH & Co. KG (the “w3.fund I”) within the meaning of the German Investment Code (Kapitalanlagegesetzbuch, KAGB) and as such publishes the following information in light of the consideration of sustainability-related aspects in accordance with Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability disclosure requirements in the financial services sector (the “SFDR”).

This financial product promotes environmental or social characteristics but does not have as its objective a sustainable investment. The promoted characteristics are investment restrictions. 100% of the investments will be in line with its investment strategy and investment restrictions.No reference benchmark has been designated to attain the environmental or social characteristics promoted by the financial product.

This financial product promotes environmental or social characteristics but does not have as its objective sustainable investment.

The promoted characteristics of this product are investment restrictions:
• casinos and equivalent enterprises
• adult entertainment
• weapons or weapon systems
• production of and trade in tobacco and distilled alcoholic beverages
• or areas directly supporting the development of such sectors

w3.fund I intends to seek long-term capital appreciation mainly through equity and quasi-equity investments in early-stage technology companies with a connection to Web3 primarily in Europe as well as Crypto Investments.

As part of the due diligence and ongoing investment management, the investment team will review whether a potential investee company has good governance practices in place. This might include using ESG (environmental, social, and governance) criteria to evaluate companies' performance in areas such as labor practices, human rights, and corporate governance, conducting due diligence on investee companies to assess their management structures, employee relations, and tax compliance, engaging with investee companies through to encourage improvements in governance practices if necessary. The intensity of the assessment is carried out in accordance with the principle of proportionality. Where the manager sees higher risks of non-compliance, they will intensify the audit.

w3.fund I will invest fully in line with its investment strategy and investment restrictions. w3.fund I will not invest a portion of its capital in any other asset class.

The investment team for w3.fund I will initially and continuously monitor whether the investment restrictions are abided by and whether the investment falls within the investment policies.w3.fund I will not make any investment in the excluded sectors unless previously approved by the advisory committee. Therefore, the achievement of the promoted ESG aspects – no investment within the excluded sectors – can be tracked in a simple way.