Securities Report (Domestic Investment Trust Beneficiary Certificates) - 8th Period (2025/04/16 - 2026/04/15)

Sumitomo Mitsui DS Asset Management Co., Ltd. Securities Report (Domestic Investment Trust Beneficiary Certificates) - 8th Period (2025/04/16 - 2026/04/15)

This securities report is prepared in accordance with the Financial Instruments and Exchange Act to disclose material information regarding domestic investment trust beneficiary certificates to investors. The reporting period covers the 8th fiscal period, from April 16, 2025, to April 15, 2026.

As the investment management company of the trust, Sumitomo Mitsui DS Asset Management Co., Ltd. aims to provide investors with accurate and timely information on the investment trust’s performance, financial condition, investment policies, risk factors, fee structures, distribution policies, and regulatory compliance systems through this report.

The report consists of the following key sections:

- Investment Operations: Performance during the period, asset composition, portfolio changes, major investments and the rationale behind them. - Financial Condition Analysis: Net asset value, revenue breakdown, expense structure, net profit (or loss), and dividend distribution records based on financial statements. - Investment Policies and Restrictions: Investment targets, diversification strategies, risk management policies, use of leverage, and stewardship activities. - Risk Factors: Detailed disclosure of market risk, credit risk, liquidity risk, foreign exchange risk, interest rate risk, and regulatory change risk that investors should be aware of. - Fees and Remuneration: Payments to sales institutions, trust banks, and investment advisors; structure of trust fees; and purchase/redemption charges. - Distribution Policy: Frequency, criteria, and source of distributions (income vs. return of capital). - Regulatory Compliance and Internal Controls: Compliance with the Financial Instruments and Exchange Act and the Investment Trusts and Investment Corporations Act, internal control systems, audit frameworks, and compliance management. - Significant Events: Material changes during the period, including amendments to contracts, changes in investment policies, executive appointments, and any litigation.

This report serves as a critical information source for current and prospective investors in making informed investment decisions. It is also subject to review by regulatory authorities such as the Financial Services Agency.

Sumitomo Mitsui DS Asset Management Co., Ltd. will continue to uphold transparent disclosure practices and remain committed to investor protection and maintaining trust.