Notice Regarding Reduction of Management Fees (Trust Fees, etc.) for 'Eastspring India Core Equity Fund (Nickname: +Alpha India)'

Eastspring Investments (Japan) Co., Ltd. (Chiyoda-ku, Tokyo; President: Teruyuki Sato) has decided to reduce the management fees (trust fees, etc.) for the 'Eastspring India Core Equity Fund (Nickname: +Alpha India)' to enhance convenience for beneficiaries. This change involves a partial amendment to the trust deed and is scheduled to take effect on April 24, 2026.

With this change, the fund's management fee (trust fee, etc.) will be reduced from approximately 0.9905% per annum (including tax) to approximately 0.9575% per annum (including tax). This is expected to make it the lowest management fee among active India equity funds available in Japan (as of March 18, 2026, based on company research*).

The company believes that providing lower-cost long-term investment opportunities in the high-growth Indian equity market contributes to the medium- to long-term asset formation of investors. We remain committed to maintaining and improving investment quality while continuously enhancing our product offerings.

Overview of Management Fees (Trust Fees, etc.)

・ Before change: Approx. 0.9905% per annum (including tax)

・ After change: Approx. 0.9575% per annum (including tax)

・ Effective date of deed amendment: April 24, 2026

*Comparison based on 44 funds extracted from the Investment Trusts Association's 'Investment Trust Comprehensive Search Library' using the criteria: Investment Asset: Equity; Index Fund Category: Excluding Index Funds; ETF Category: Excluding ETFs; Keyword: 'India'; excluding index-linked, leveraged, and pre-launch funds. As of March 18, 2026. Note that the lowest management fee is based on the research date and does not guarantee or imply the lowest fee in the future.

【Investment Risks】

Factors Affecting Net Asset Value

Investment trusts are different from bank deposits.

Since this fund invests primarily in securities that fluctuate in value through investments in investment trust securities, the fund's net asset value will fluctuate due to the price movements of these securities. Additionally, as the fund invests in foreign currency-denominated assets, it is subject to foreign exchange risk. Therefore, the principal is not guaranteed, and the net asset value may fall below the initial investment amount, resulting in a loss. All profits and losses from the fund's operations belong to the investors.

Other Considerations

• Transactions for this fund are not subject to Article 37-6 of the Financial Instruments and Exchange Act (so-called 'cooling-off').
• In the event of large-scale redemptions requiring immediate liquidation of assets, or sudden changes in market conditions, there is a risk that liquidity may temporarily decrease, leading to transactions at prices unfavorable to the market value or limited trading volume. This may negatively impact the net asset value, lead to the suspension of redemption requests, or cause delays in redemption payments.
• In cases of suspension of trading on financial instruments exchanges, suspension of foreign exchange transactions, or other unavoidable circumstances (such as extreme liquidity shortages), the acceptance of purchase or redemption requests may be suspended, or previously accepted requests may be cancelled.