Statement on Principal Adverse Impacts of Investment Decisions

This document is a statement by DWS International GmbH regarding the principal adverse impacts of its investment decisions on sustainability factors for the reference period from January 1 to December 31, 2023. It outlines the definition of sustainability factors as per Regulation (EU) 2019/2088, which includes environmental, social, and employee matters, as well as human rights and anti-corruption issues. The statement details how DWS identifies and prioritizes these adverse impacts through various indicators defined by the Delegated Regulation (EU) 2022/1288. It also describes the financial products affected, including actively and passively managed portfolio management mandates. Furthermore, the document explains DWS's approach to mitigating these impacts through its sustainability strategy, which involves policies, exclusion practices, and stewardship activities. The statement emphasizes the importance of considering material risks while making investment decisions in the best interest of clients.