E Fund Management (Hong Kong) Co., Limited

Investment Objective and Strategy

Objective

The investment objective is to provide investment results that, before fees and expenses, closely correspond to the performance of the HKEX Tech 100 Net Total Return Index (the “Index”).

Strategy

In seeking to achieve the Sub-Fund’s investment objective, the Manager will either use a full replication strategy or a representative sampling strategy as the Manager believes to be appropriate in order to achieve the investment objective of the Sub-Fund by tracking the Index as closely as possible to the benefit of the investors. The Sub-Fund may switch between the full replication strategy and the representative sampling strategy in its absolute discretion without prior notice to investors.
In pursuing the full replication strategy, the Sub-Fund will invest in substantially all securities constituting the Index (the “Index Securities”) in substantially the same weightings (i.e. proportions) as these Index Securities have in the Index.
In pursuing the representative sampling strategy, the Manager may:

invest in a representative sample whose performance is closely correlated with the Index, but whose constituents may or may not themselves be constituents of the Index;
invest less than 30% of the Sub-Fund’s NAV in collective investment schemes (“CIS”), each being either an exchange traded fund or an unlisted index tracking fund which tracks an index that has a high correlation with the Index. Such CIS may be authorised by the SFC, eligible schemes under Chapter 7.11A of the Code, or non-eligible schemes. For the avoidance of doubt, the Sub-Fund’s aggregate investment in non-eligible schemes and not authorised by the SFC may not exceed 10% of the NAV of the Sub-Fund; and/or
invest in financial derivative instruments including futures, swaps, participatory notes and structured notes with less than 30% of the Sub-Fund’s NAV for investment and hedging purposes, where the Manager believes such investments will help the Sub-Fund achieve its investment objective and are beneficial to the Sub-Fund. For the avoidance of doubt, the aggregate investments in participatory notes and structured notes will not exceed 10% of the Sub-Fund’s NAV.

In pursuing a representative sampling strategy, the Manager may cause the Sub-Fund to deviate from the Index weighting on condition that the maximum deviation from the Index weighting of any constituent will not exceed 3% or such other percentage as determined by the Manager after consultation with the SFC.

Other investments
The Sub-Fund may invest in money market funds (subject to the investment restrictions as set out in Chapter 7 of the Code), and in cash deposits and cash equivalents for cash management purposes, up to 30% of its NAV.
The Manager may, on behalf of the Sub-Fund, enter into securities lending transactions, with the maximum level for up to 50% and expected level for approximately 20% of its NAV, and is able to recall the securities lent out at any time. As part of the securities lending transactions, the Sub-Fund must receive cash and/or non-cash collateral of at least 100% of the value of the securities lent (interests, dividends and other eventual rights included). The collateral will be marked-to-market on a daily basis and be safekept by the Custodian.
The Manager does not currently intend to enter into sale and repurchase transactions, reverse repurchase transactions and other similar over-the-counter transactions on behalf of the Sub-Fund. The Manager will seek prior approval of the SFC (to the extent required under applicable regulatory requirements) and provide at least one month’s prior notice to Unitholders before the Manager engages in any such transactions.
The investment strategy of the Sub-Fund is subject to the investment and borrowing restrictions set out in the Prospectus.

Index
The Index is designed to measure the performance of 100 of the largest Hong Kong-listed companies with high exposure to key tech themes, that are eligible for Southbound Trading of the Shanghai-Hong Kong or Shenzhen-Hong Kong Stock Connect Program (the “Southbound Stock Connect”), addressing growing market demand for diversified exposure to the technology sector.
The universe for the Index includes securities listed on the Main Board of the SEHK that are eligible for the Southbound Stock Connect. Investment Companies listed under Chapter 21 of the HKEX’s Listing Rules (“Listing Rules”) are excluded. Constituent securities must fall within tech themes segments (“Tech Themes Segments”), meaning (i) high business exposure to any one of the following themes: artificial intelligence, biotech and pharmaceutical, electric vehicles and smart driving, information technology, Internet or robotics; or (ii) biotech companies listed under Chapter 18A of the Listing Rules or specialist technology companies listed under Chapter 18C of the Listing Rules. Details of the Tech Themes Segments are set out in the Appendix to the Prospectus relating to the Sub-Fund.
The Index is a net total return index. Its performance reflects the reinvestment of dividends and distributions, net of withholding tax, from the Index constituents. The Index is free float adjusted market capitalisation weighted index, whereby the weights of Index constituents are based on their investable market capitalisations, with 12% cap at individual security level. The Index is denominated and quoted in HKD. The Index is reviewed semi-annually, with all changes generally implemented after market close on the second Friday of June and December, and becoming effective on the following trading day.
The Index is developed and owned by HKEX Indices and Benchmarks Limited (the “Index Provider”) and calculated by Solactive AG. The Manager (and each of its Connected Persons) are independent of the Index Provider and Solactive AG.
The Index was launched on 9 December 2025 and had a base level of 10,000 on 31 December 2020. As of 29 May 2026, the Index had a total market capitalisation of approximately HKD12,740 billion and 100 constituents.
The constituents of the Index together with their respective weightings and additional information of the Index are published at the website of the Index Provider at https://www.hkex.com.hk/Services/Market-Data-Services/Index-Services/HKEX-Tech-100/Tech-100-Index?sc_lang=en#&product=HKEXT100 (this website has not been reviewed by the SFC).

Bloomberg Code: HKEXTN

Market Information

NAV per Unit( as of )^[4]	Last	Change^[7]	Change (%)^[7]	Historical
HKD^[4]	HKD	HKD	%	Download

Market Closing Price ( as of )	Last	Change^[5]	Change(%)^[5]	Historical
HKD	HKD	HKD	%	Download

Benchmark Index( as of )	Last	Change^[6]	Change(%)^[6]	Historical
HKEX Tech 100 Net Total Return Index (Net Total Return)			%	Download

[1] This is a near real time estimated NAV. This is provided by ICE Data Indices and is updated during Hong Kong Stock Exchange trading hours.
[2] This is provided on at least 15 minutes delay basis by ICE Data Indices. Intra-day Market Price refers to the market price of the ETF on the date and at the time specified above, quoted from the Stock Exchange of Hong Kong (the 'SEHK').
[3] The near real time indicative Net Asset Value per Unit is indicative and for reference only. This is every 15 seconds updated during SEHK trading hours.
[4] This last closing NAV per Unit is provided by E Fund Management (HK) Co., Ltd.
[5] This is the change since previous SEHK trading day. Source of Market Closing Price: Bloomberg
[6] Benchmark Index returns are for illustrative purpose only and are not indicative of future results. Benchmark Index returns do not reflect any management fees, transaction costs or expenses. Change in Index Closing Level indicates the change since last Hong Kong trading day’s closing level. This is provided by E Fund Management (HK) Co., Ltd.
[7] This is calculated on NAV to NAV basis. Change indicates the change since the previous business day. For more information on NAV calculation, please refer to the Prospectus.

Fund Information

HKD counter

* Please note that these fees may be increased up to a permitted maximum on giving 1 month’s notice to unitholders. Please refer to
the section of the prospectus entitled “Fees and Expenses” for further details of the fees and charges payable and the permitted
maximum of such fees allowed.

Trading Information

HKD counter

Underlying Index Information

HKD counter

Market Maker(s)*

HKD counter

*Please refer to HKEX website for the most updated information. Additional Market Maker(s) will be appointed from time to time.

Participating Dealer(s)

Stock code	03456	Exchange Listing	SEHK – Main Board
Fund Size(HKD) as of		Outstanding Units as of
Management Fee (p.a.)	0.50% p.a*	Manager	E Fund Management (Hong Kong) Co., Limited

Fund Listing / Dealing Date	25 Jun,2026	Exchange Listing	SEHK – Main Board
Time Zone	SEHK – Main Board	Base Currency	HKD
Trading Currency	HKD	Bloomberg Ticker	3456.HK
ISIN	HK0001311247	Reuters Code	3456.HK

Underlying Index	HKEX Tech 100 Net Total Return Index(Net Total Return)	Type of Index	Net Total Return
Currency	HKD	Index Provider	HKEX Indices and Benchmarks Limited
Bloomberg Ticker	HKEXTN	Stock code	03456