Decisions of the Investment Committee on May 2, 2025

In accordance with Article 5 and based on Article 9, paragraphs 9.1 and 9.6 of Law No. 04/L-101, amended and supplemented by Law 04/L-115, Law 04/L-168, Law 05/L-116, and Law 07/L-016, as well as in accordance with Article 13, Article 33, and paragraph 1 of Article 41 of the Statute of KPST, and with the Statement of Investment Principles of KPST, the Investment Committee of the KPST’s Governing Board, on May 2, 2025, made the following decisions:

1. In the Standard Portfolio, invest in the WisdomTree WTI Crude Oil ETC fund (with ISIN: GB00B15KXV33) according to the following conditions, linked to the price of oil (WTI):
a) 10 million euros if the price falls to 55 dollars
b) 10 million euros if the price falls to 50 dollars.

2. In the Standard Portfolio, withdraw funds from the WisdomTree WTI Crude Oil ETC (with ISIN: GB00B15KXV33) according to the following conditions, linked to the price of oil (WTI):
a) 12.5 million euros if the price reaches 77 dollars,
b) The entire amount of funds (full position) if the price reaches above 80 dollars.