Ternary Fund Management has implemented a remuneration policy in accordance with the AIFM directive and the UCITS V directive, as well as the directives and recommendations issued by the ESMA in regard to the management of their UCITS Funds. This remuneration policy is consistent, promotes sound and effective risk management, and does not encourage risk-taking that may be incompatible with the risk profiles, regulations or constitutional documents of the CIUs it manages. This policy is also in line with the interests of CIUs and investors. Ternary Fund Management's staff may be remunerated on a fixed base and a variable base. However, the variable component represents a marginal share of the overall compensation paid to persons identified as risk takers or equivalent within the meaning of these regulations. In addition, given the growing importance of non-financial issues, Ternary Fund Management has decided to make each member of its team responsible for taking ESG issues into account. Each member of staff, in particular within the management team, is thus encouraged to contribute to the Responsible Investment Strategy, depending on the specific nature of their roles. Their involvement is taken into consideration in their annual appraisals and when determining their variable remuneration.