Neuberger Berman – Class Closure – Neuberger Berman European High Yield Bond Fund

Shareholder Notice

The Fund Manager wish to inform you of the decision of the Directors to terminate the Share Classes on 30 November 2021 (the “Termination Date”) on the recommendation of the Manager and in
accordance with the terms of the Prospectus and Article 12.01(v) of the Articles. The Directors
have deemed the termination of the Share Classes appropriate and in the best interest of
investors due to adverse economic changes which affect the Share Classes.

For more details, please refer to the shareholder notice.


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