Arman Vardanyan Fund Manager Absolute Portfolio Management Luxembourg

Arman Vardanyan, Fund Manager, Absolute Portfolio Management Luxembourg, 4 November 2011 Absolute Portfolio Management – investment management company, specialist in alternative investments and microfinance. contact@e-mfp. eu www. e-mfp. eu

§ Dual Return Fund Key Social Performance Facts: - 96% of MFIs have a written, formal social responsibility policy or code of conduct - 83% of the MFIs provides good-quality social information to its stakeholders through a diversified range of communication channels (MIX Market etc. ) - 95% of MFIs strive to promote diversity among loan officers and hire staff that reflects the clients served - 82% of MFIs have an exclusion list on lending - 83% of MFIs implement a rigorous system to determine a client’s level of indebtedness - 90% of MFIs have fair and not coercive collection policies Source: Symbiotics Social Responsibility Assessment contact@e-mfp. eu www. e-mfp. eu

§ Social Responsibility Report (the Symbiotics social rating tool) 100 indicators in line with industry standards, the MIX, UN Reporting Initiative - Social governance - Labor climate - Financial inclusion - Client protection - Product quality - Community engagement - Environmental policy contact@e-mfp. eu www. e-mfp. eu

§ Regular communication: - Monthly fund factsheets and country reports - Monthly institutional investor report (incl. Social impact) - Fund updates and articles in the media - Website: www. visionmicrofinance. com - Communication material: brochures, leaflets, etc. § Customized replies to investors’ enquiries contact@e-mfp. eu www. e-mfp. eu