Important legal information

THE SINGULARITY FUND (the “Fund”) is a sub-fund (compartment) of the investment company with variable capital MULTILFLEX SICAV, which has been incorporated under Luxembourg law and which has been approved by the CSSF as a UCITS-fund pursuant to Directive 2009/65/EC. GAM (Luxembourg) S.A., 25, Grand-Rue, L-1661 Luxembourg, is the Management Company of the Fund. The Fund is currently only authorized for offering in Luxembourg, Switzerland, Germany, Austria, the Netherlands and Spain. This material is therefore intended solely for the use by persons who are nationals of, resident in or domiciled in jurisdictions where distribution, publication, making available or use of this material is not prohibited. The information in this document does not constitute investment, legal, tax or other advice and should not be relied upon as the sole basis for investment decisions.

This document is promotional material. The prices of shares in the Fund may go up as well as go down. They are subject to the fluctuations of the financial markets and, therefore, investors may not receive back the amount invested. Past performance is not a reliable indicator of future performance. This is not an invitation to invest in the Fund. Investments should only be made after a thorough reading of the current Prospectus, Key Investor Information Document (“KIID”) or Key Information Document (“KID”), Articles of Association and the current annual and semi-annual reports (the "Legal Documents") and, where appropriate, after obtaining advice from an independent financial and tax expert. The Legal Documents are available free of charge in printed form from the addresses listed below. The distribution/placement/offering of shares in the Fund is coordinated by The Singularity Group AG, Zurich ("TSG"). The remuneration of TSG and any other distributors or placement agents for their services is included in the fees disclosed in the Fund's Legal Documents. There are no other costs incurred by clients on the part of TSG. The shares in the Fund are not registered in the USA under applicable laws. Accordingly, these shares may not be offered, sold or transferred in the USA or to US persons unless an exemption from registration is available under applicable law.

SWITZERLAND: The Representative in Switzerland is GAM Investment Management (Switzerland) AG, Hardstrasse 201, CH-8037 Zurich. The Paying Agent is State Street Bank International GmbH, Munich, Zurich Branch; Beethovenstrasse 19, CH-8027 Zurich. The Legal Documents can be obtained free of charge in German or English from the Representative in Switzerland, or via info@singularity-group.com. GERMANY: The Legal Documents in English and the KIID or KID in German may be obtained free of charge from the German Information Agent, GAM (Deutschland) GmbH, Bockenheimer Landstrasse 51-53, D-60325 Frankfurt am Main, or via info@singularity-group.com. The Paying Agent in Germany is DekaBank Deutsche Girozentrale, Hahnstrasse 55, D-60528 Frankfurt am Main. AUSTRIA: The Legal Documents in English and the KIID or KID in German are available free of charge from the Paying and Information Agent in Austria, Erste Bank der oesterreichischen Sparkassen AG, Am Belvedere 1, A-1010 Vienna, or via info@singularity-group.com. LUXEMBOURG: The Legal Documents in English are available free of charge from GAM (Luxembourg) S.A., or via info@singularity-group.com. The NETHERLANDS: The Prospectus in English and the KIID or KID in Dutch are available free of charge from GAM (Luxembourg) S.A., or via info@singularity-group.com. SPAIN: The Legal Documents in English and the KIID or KID in Spanish may be obtained free of charge from the Paying Agent in Spain, ATL 12 Capital Inversiones A.V., S.A., Montalbán 9, E-28014 Madrid, or via info@singularity-group.com.

By TSG - 01/01/1970