Swiss Small & Mid-Cap Conviction Certificate COMMENTARY In April, the portfolio gained +0.5%, compared to the SPIEX index at +1.2%. Calendar year performance for the portfolio is +15.7% and +11.3%

50 60 70 80 90 100 110 15-Jun-21 15-Sep-21 15-Dec-21 15-Mar-22 15-Jun-22 15-Sep-22 15-Dec-22 15-Mar-23 H2C certificate Solactive Hydrogen Economy Hydrogen Certificate (H2C) Strategy Thematic global

SHARP Bench. Ann. Return 5.9% 5.4% Ann. Volatility 7.2% 9.1% Sharpe Ratio 0.6 0.4 Max. Drawdown -14.2% -19.0% Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec SHARP Bench. 2023 3.5% -2.3% 2.3% 0.6%

1200 1400 1600 1800 2000 10/16 10/17 10/18 10/19 10/20 10/21 10/22 Strategy Gold YTD 2023 Cumulated Annualised Cumulated Annualised Strategy 7.6% 13.6% 5.2% 52.6% 6.6% Gold 8.3% 11.5% 4.4% 46.6% 6.0%

PAYSD'ENREGISTREMENT FR AT CH DE ES IT LU PERFORMANCESANNUALISÉES(%) ISIN Valeur liquidative Actifs sous gestion FR0010839555 181909,24 € 632,27 M€

Swiss Small & Mid-Cap Conviction Certificate COMMENTARY In June, the portfolio gained 3.5%, compared to the SPIEX index at 0.4%. Calendar year performance for the portfolio is 20.1% and 10.0% for the

YTD 2023 Cumulated Annualised Cumulated Annualised Strategy 5.0% 10.8% 4.1% 48.9% 6.2% Gold 5.4% 8.5% 3.2% 42.7% 5.5% Since Fund Launch (Nov20) Since Strategy Launch (Oct16) 1200 1400 1600 1800 2000

PAYSD'ENREGISTREMENT FR AT BE CH DE ES IT LU NL PERFORMANCESANNUALISÉES(%) ISIN Valeur liquidative Actifs sous gestion FR0010807123 1351,38 € 1796,55 M€

PAYSD'ENREGISTREMENT FR AT CH DE ES IT LU PERFORMANCESANNUALISÉES(%) ISIN Valeur liquidative Actifs sous gestion FR0010839555 190317,14 € 620,46 M€

Mosaique Balanced CHF QUARTERLY REPORT I JULY 2023 Rothschild & Co WM Fund (SICAV SIF) This is not a promotion or solicitation of the Rothschild & Co WM SICAV SIF – Mosaique Balanced CHF, which is