Disclosures Pursuant to Regulation (EU) 2019/2088

Motu Ventures Management GmbH (“Motu Ventures”), LEI: 894500S3LLY84ZI0DX02, is an alternative investment fund manager within the meaning of the German Investment Code (Kapitalanlagegesetzbuch, “KAGB“) and the EuVECA-Regulation and as such publishes the following information in light of the consideration of sustainability-related aspects in accordance with Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability disclosure requirements in the financial services sector (“SFDR”).

Article 3 SFDR –Sustainability Risk Policies Statement

Motu Ventures addresses sustainability risks in its investment decision-making process insofar as relevant. “Sustainability risk” means an environmental, social or governance event or condition that, if it occurs, could cause an actual or a potential material negative impact on the value of the investment. During the due diligence on potential investments, Motu Ventures conducts a careful analysis of the investment’s exposure to environmental, social, and governance risks that could impact its value. When identifying a sustainability risk during the due diligence on potential investments, Motu Ventures decides in light of the specific situation taking due account of the proportionality principle whether it gives up on the investment or proceeds with the investment alongside appropriate measures to mitigate the relevant sustainability risk. Motu Ventures regularly reviews its policies to ensure that they address new and emerging risks as well as investors’ concerns.

Article 4 SFDR – No Consideration of Adverse Impacts of Investment Decisions on Sustainability Factors

Motu Ventures does not consider principal adverse impacts (“PAI”) of investment decisions on sustainability factors. “Sustainability factors” mean environmental, social, and employee matters, respect for human rights, anti-corruption, and anti-bribery matters. Motu Ventures does not use sustainability indicators. The standardized catalog of PAI indicators (“PAII”) provided by Annex I of the regulatory technical standards issued under the SFDR is not tailored to the specific needs of the Motu Ventures early-stage investment strategy.

In many instances, data will be insufficient for analyzing PAI, and on occasions where data is obtainable, it tends to offer limited comparability and provides only minimal additional insights for Motu Ventures. Therefore, collecting data on PAII will not only increase the administrative burden and costs but also fail to provide a new perspective for Motu Ventures.

Motu Ventures is open to considering PAI in the future if it becomes evident that doing so would significantly enhance the ability of Motu Ventures to identify and mitigate possible adverse impacts of the investments while maintaining operational efficiency and cost-effectiveness.

Article 5 SFDR – Remuneration Disclosure

As a registered alternative investment fund manager within the meaning of the KAGB and the EuVECA-Regulation, Motu Ventures does not have and does not need to have a remuneration guideline or policy in accordance with the requirements of the KAGB. Sustainability risks are not considered with respect to the determination of remuneration.

 

Sustainability-Related Disclosures

Article 10 SFDR – Sustainability-Related Information About Financial Products That Promote Environmental or Social Characteristics

Motu Ventures Management GmbH, LEI: 894500S3LLY84ZI0DX02, is the alternative investment fund manager of U2V Fund I GmbH & Co. KG (“U2V Fund I”), LEI: […], within the meaning of the German Investment Code (Kapitalanlagegesetzbuch) and the EuVECA-Regulation and as such publishes the following information in light of the consideration of sustainability-related aspects in accordance with Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability disclosure requirements in the financial services sector (“SFDR”).

Summary

This financial product promotes environmental or social characteristics but does not have as its objective a sustainable investment within the meaning of Article 2 No. 17 SFDR. The promoted characteristics are investment restrictions. 100% of the investments will be in line with its investment strategy and investment restrictions.

No reference benchmark has been designated to attain the environmental or social characteristics promoted by the financial product.

No Sustainable Investment Objective

This financial product promotes environmental or social characteristics, but does not have as its objective sustainable investment.

Environmental or Social Characteristics of the Financial Product

The promoted characteristics are investment restrictions.

U2V Fund I may not invest, guarantee or otherwise provide financial or other support, directly or indirectly, to companies or other entities (A) whose business activity consists of an illegal economic activity (i.e., any production, trade or other activity which is illegal under the laws or regulations applicable to the Partnership or the relevant company or entity, including without limitation, human cloning for reproduction purposes), or (B) which substantially focus on: (i) the production of and trade in tobacco and distilled alcoholic beverages; (ii) casinos and equivalent enterprises; or; internet gambling and online casinos; (iii) pornography; or (iv) controversial weapons (e.g., anti-personnel mines, cluster munitions, chemical weapons and biological weapons). U2V Fund I shall make reasonable efforts through corporate governance or otherwise that Portfolio Companies continue to comply with the above restriction during the term of the investment.

No reference benchmark has been designated for the purpose of attaining the environmental and social characteristics promoted by U2V Fund I.

Investment Strategy

U2V Fund I intends to seek long-term capital appreciation through equity and quasi-equity investments in pre-seed and seed stage deep tech companies with emphasis on university and other academia spin-offs primarily in Europe.

No investments are made in the area of exclusions. As part of the due diligence and ongoing investment management, the investment team for U2V Fund I will initially and continuously monitor whether the investment restrictions are abided by and whether the investment falls within the investment policies.

As part of the due diligence and ongoing investment management, the investment team will review whether a potential investee company has good governance practices in place. This might include using ESG (environmental, social, and governance) criteria to evaluate companies‘ performance in areas such as labor practices, human rights, and corporate governance, conducting due diligence on investee companies to assess their management structures, employee relations, and tax compliance, engaging with investee companies through to encourage improvements in governance practices if necessary. The intensity of the assessment is carried out in accordance with the principle of proportionality. Where the manager sees higher risks of a non-compliance, they will intensify the audit.

Proportion of Investments

U2V Fund I will invest fully in line with its investment strategy and investment restrictions. U2V Fund I will not invest a portion of its capital in any other asset class.

Monitoring of Environmental or Social Characteristics

The investment team for U2V Fund I will initially and continuously monitor whether the investment restrictions are abided by and whether the investment falls within the investment policies. U2V Fund I will not make any investment in the excluded sectors unless previously approved by the advisory committee. Therefore, the achievement of the promoted ESG aspects – no investment within the excluded sectors – can be tracked in a simple way.

Methodologies for Environmental or Social Characteristics

Any potential portfolio company is assessed against the list of excluded sectors prior to an investment. U2V Fund I verifies on an ongoing basis that no investment falls within any of the sectors excluded under the fund’s investment policy.

Data Sources and Processing

U2V Fund I receives data provided by the portfolio companies as part of the due diligence process and at regular intervals after the investment. Where necessary or beneficial, U2V Fund I also makes use of publicly available data. Data processing is exclusively internal and DSGVO compliant. Estimates of data are not made.

Limitations to Methodologies and Data

U2V Fund I is partly reliant on the information provided by portfolio companies during the due diligence process. Moreover, in the post-investment phase, U2V Fund I is reliant on the company’s reported data. In both cases, complete data may not always be available due to the nature of the investments. The information is verified only if and to the extent misrepresentations are suspected.

Since U2V Fund I’s investments are made for a multi-year investment period, U2V Fund I places a high priority on establishing a trusting working relationship with the portfolio companies to ensure that data is submitted reliably and completely and that the above restrictions are met.

Due Diligence

U2V Fund I considers the promoted ESG aspects when sourcing new portfolio companies for U2V Fund I and during the due diligence on targeted portfolio companies. The due diligence is performed by obtaining all information relevant to U2V Fund I using a due diligence questionnaire, which is then reviewed internally. If necessary, further specific information is also obtained from the potential portfolio companies, should this still be necessary after the detailed questioning. The due diligence process is not externally monitored.

Engagement Policies

U2V Fund I invests in the portfolio companies for a period of several years. Therefore, U2V Fund I makes it a priority to establish and maintain a trusting working relationship with the portfolio companies in order to continuously comply with the investment restrictions. U2V Fund I thus also intends to establish or strengthen the consideration of sustainability risks at the portfolio level. U2V Fund I is in constant dialogue with the portfolio companies, but as a venture capitalist without majority ownership, the influence U2V Fund I can exert on the portfolio companies is limited.

 

These disclosures were updated 4 June 2025 to reflect changes to the legal framework.