Disclosures

Sustainability-related disclosures pursuant to Regulation (EU) 2019/2088 (“SFDR”)

Date of publication: March 2021

Date of update: June 2024 (adjustments to new legal requirements; addition of Fund II)

Date of update: September 2024 (formal adjustments, alignment with pre-contractual SFDR disclosures for Fund II)

Sustainability risks

Oyster Bay Management GmbH (“Oyster Bay”, LEI: 391200N1F3D4Q6QMAP35) considers sustainability risks as part of its investment decision-making process. Sustainability risks are environmental, social or governance events or conditions, the occurrence of which could have an actual or potential material adverse effect on the value of the investment. Oyster Bay considers sustainability risks as part of its due diligence process prior to any investment. This also includes an assessment of sustainability risks. Such assessment is being conducted by using a checklist. The results of such assessment are taken into account when the investment decision is being taken. However, Oyster Bay remains free in its decision to refrain from investing or to invest despite sustainability risks in which case Oyster Bay can also apply measures to reduce or mitigate any sustainability risks. At all times, Oyster Bay will apply the principle of proportionality taking due account of the strategic relevance of an investment as well as its transactional context.

No consideration of adverse impacts of investment decisions on sustainability factors

Oyster Bay does not consider adverse impacts of its investment decisions on sustainability factors within the meaning of Art. 4 SFDR and, hence, does not publish the sustainability indicators listed in Annex I of the Regulatory Technical Standards (Delegated Regulation (EU) 2022/1288, “RTS”) on its website. Sustainability factors are environmental, social and employee concerns, respect for human rights and the fight against corruption and bribery.Oyster Bay pursues an active venture capital strategy investing in early-stage (seed, series A), series B rounds, and growth stage venture investments related to healthy food and beverages, food tech, food supplements, agri tech and e-commerce. Oyster Bays portfolio companies are usually at an early stage of their business cycle, so these companies generally leave a smaller environmental footprint that would not (yet) justify the significant effort associated with considering PAIs. Moreover, early-stage companies are comparatively more burdened by the additional data collection and would thus be restricted in their growth opportunities. Furthermore, given that the SFDR, the Regulation (EU) 2020/852 (“EU Taxonomy”) and the accompanying RTS are relatively new legislative acts, there is little practical experience or practice about applying their respective provisions. Therefore, substantial legal uncertainties would remain when applying those provisions, in particular with regard to Oyster Bay’s investment strategy.If and when a practicable and proportionate approach for Oyster Bay and its portfolio companies will evolve and uncertainties will be resolved, Oyster Bay will re-evaluate its position regarding adverse impacts on sustainability factors in Q1 2025. In the meantime, Oyster Bay remains free in its decision to use part of the sustainable indicators listed in Annex I of the RTS and/or an own set of indicators.

Remuneration disclosures

As a registered alternative investment fund manager within the meaning of section 2 (4) of the German Investment Code (Kapitalanlagegesetzbuch, “KAGB”), Oyster Bay does not have and does not need to have a remuneration guideline or policy in accordance with the requirements of the KAGB.

Sustainability-related disclosuresOyster Bay Venture Capital II GmbH & Co. KG

Financial product: Oyster Bay Venture Capital II GmbH & Co. KG (“Fund II” / “Fonds II” or the “Fund”)

LEI:  391200K9YJA108PG6T74