Syntaxis New Europe Fund III

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An equity investment of up to EUR 30 million in Syntaxis New Europe III (the "Fund"). The Fund is a follow-on fund to Syntaxis Mezzanine Fund I and II. EBRD has been an investor in both previous funds. The Fund will seek to realise long-term capital gains through the provision of debt financing with associated equity upside to growth-oriented small and medium sized enterprises in Poland and other Central and South Eastern European countries. The project will help expand the mezzanine financing market by supporting the follow-on fund of an experienced team of investment professionals. In doing so, the project will provide an alternative source of financing to small and medium sized enterprises in the investment region. SYNTAXIS CAPITAL UFB GMBH The Fund will be managed by Syntaxis Capital, an existing client of EBRD as the manager of Syntaxis Mezzanine Fund and Syntaxis Mezzanine Fund II. EUR 30,000,000.00 An equity commitment of up to €30 million. EUR 150,000,000.00 The target size of the Fund is €150 million. Categorised FI (2014). The Fund will be required to comply with EBRD's Performance Requirements 2, 4 and 9, to adopt and implement EBRD Environmental and Social Procedures for Active Equity Funds and to submit Annual Environmental and Social Reports to the Bank. None. Ben Edwards office@syntaxis-capital.com +43 1 513 4469 www.syntaxis-capital.com Wipplingerstrasse 31/1, 1010 Vienna, Austria