Key Information Document Purpose This document provides you with key information about this investment product. It is not marketing material. The information is required by law to help you understand the nature, risks, costs, potential gains and losses of this product and to help you compare it with other products. Product: VH Global Energy Infrastructure plc (“Company”) Ordinary SharesISIN: GB00BNKVP754 https://www.globalenergyinfrastructure.co.ukManufacturer: Victory Hill Capital Partners LLP Competent Authority: Financial Conduct AuthorityCall +44 (0)20 7155 9570 for more informationThis document was published on 31-12-2024 You are about to purchase a product that is not simple and may be difficult to understand. What is this product? Type The Company is a public company incorporated in England and By targeting a diversified portfolio across different proven technologies, the Wales and its ordinary shares are listed on the London Stock Exchange.Company seeks to spread, and therefore reduce, some of the key underlying The Company is an investment trust company under section 833 of the risks relating to its sustainable energy infrastructure investments. The Companies Act 2006 (as amended). The Company is a closed endedgeographic diversification in the portfolio further reduces the exposure of investment company with an indefinite life. the Company to a particular energy market and specific "change in law" risks related to specific market renewables and broader energy market Objectives The Company invests in sustainable energy infrastructure legislation. investments that have a high impact value and align with the UN Sustainable Development Goals (“SDGs”). In particular, those SDGs thatThe Company has the option to develop a strategy for optimising the have been identified by the International Energy Agency as directly contracted revenues available to it by balancing the mix of long and short- impacted by energy. In addition, the Company will consider alignment with term offtake contracts in the underlying portfolio entities. All sustainable three additional SDGs that are impacted by capital investments in energy. energy infrastructure investments are expected to have operation and maintenance agreements in place. Merchant exposure is only assumed in By delivering on its Sustainability Objective, the Company aims to make a situations in which there are opportunities to optimise returns without positive impact on combating climate change and air pollution.compromising long-term contracted revenues. The Company categorises investments into four different "pathways" that Intended retail investor This product is intended for institutional relate directly to the acceleration and achievement of the energy transition, investors, professional investors and professionally advised private these are investors. The product may also be suitable for investors who are (i) Addressing Climate Change;financially sophisticated, and non-advised private investors who are capable (ii) Energy Access; themselves of evaluating the merits and risks of an investment in the Company and who have sufficient resources to invest in potentially illiquid (iii) Energy Efficiency; and securities and to be able to bear any losses (which may equal the whole (iv) Market Liberalisation. amount invested) that may result from the investment. Such investors may The Company looks to achieve NAV growth by investing in a mix of stable wish to consult an independent financial advisor prior to investing in the yielding sustainable energy infrastructure investments that are in operation, product. The Company does not recommend a specific time period for in construction or "ready-to-build" but does not invest in projects that are holding the shares. under development or in pre-consent stages. Term This product has no maturity date. What are the risks and what could I get in return? Risk IndicatorThe summary risk indicator is a guide to the level of risk of this product compared to other products. It shows how likely it is that the product will lose money because of movements in the markets or because we are not 1 23 4 5 6 7 able to pay you.Lower risk Higher riskWe have classified this product as 4 out of 7, which is a medium risk class. This rates the potential losses from future performance at a medium level, The risk indicator assumes you keep the product for 5 and poor market conditions could impact the capacity to pay you. Years. This product does not include any protection from future market performance so you could lose some or all of your investment. If we are not able to pay you what is owed, you could lose your entire The actual risk can vary significantly if you cash in at an investment. early stage and you may get back less. You may not be able to sell your product easily or you may have to sell at a price that significantly impacts on how much you get back. Investment performance information The primary factors that will affect the performance of the Company, are This product does not include any protection from future market deterioration (i) the ability of the investment manager to carry out the investment strategyso you could lose some or all of your investment. efficiently; The Board and investment manager seek to mitigate risks through various (ii) the performance of the underlying assets of the Company; and policies and procedures and further details regarding the specific risks applicable to this Company are included in the Annual Report and Prospectus (iii) the macroeconomic conditions that the Company operates in. which may be obtained from the Company website Our forward-looking ex-ante moderate performance scenario return is 10.0% https://www.globalenergyinfrastructure.co.uk. per annum over the recommended holding period of five years. We have used this ex-ante return to model the Reduction in Yield in the calculations set out What could affect my return positively? in the ‘What are the costs?’ section below. The underlying assets in the portfolio have shown strong resilience since the The performance of the Company is compared to the FTSE All Share index. IPO in February 2021 and it will be this strength that should enable them to The Company may achieve greater or lesser returns than the index due to prosper in a return to more stable conditions in the UK and global economies. investment decisions, the performance of underlying assets, marketSpecific factors that could positively affect returns of the Company would be sentiment and legislation relating to the renewable energy sector, which is the good performance of the underlying investments within the Company’s subject to extensive and sometimes fast-moving regulation in many portfolio, continued global demand for sustainable energy andclimate jurisdictions.change-related investments, as well as the ability of the investment manager and the Company’s operating partners to continue to operate and enhance the assets. Returns should also be enhanced as assets under construction become environment within the jurisdictions in which the Company invests, as well operational.as market sentiment. Increased valuations of the investments held and improving macro- Specific factors that negatively affect returns of the Company would be economic conditions are all likely to positively impact returns of the underperformance of the operational investments as well as delays to Company.construction or ‘ready-to-build’ assets. What could affect my return negatively? General factors that would negatively impact returns would be an extended The portfolio comprises a diversified selection of global sustainable energyperiod of economic recession which would likely negatively affect investor infrastructure assets, predominantly in countries that are members of the EU, sentiment and as a result the share price performance of the Company OECD, OECD Key Partner countries or OECD Accession countries. The relatively to the Company’s net asset value, all else being equal. success of the Company is therefore reliant on a conducive energy market What happens if the Company is unable to pay out? The Company is not required to make any payment to you in respect of your investment. If the Company were liquidated, you would be entitled to receive a distribution equal to your share of the Company’s assets, after payment of all of its creditors. As a shareholder of the Company, you would not be able to make a claim for compensation to the Financial Services Compensation Scheme in the event the Company is unable to pay out. What are the costs? The Reduction in Yield (RIY) shows what impact the total costs you pay will have on the investment return you might get. The total costs take into account one- off, ongoing and incidental costs. The amounts shown here are the cumulative costs of the product itself, for three different holding periods. They include potential early exit penalties. The figures assume you invest 10 000 GBP. The figures are estimates and may change in the future. Costs over time The person selling you or advising you about this product may charge you other costs. If so, this person will provide you with information about these costs, and show you the impact that all costs will have on your investment over time. Investment GBP 10 000Scenarios If youIf you cash inIf you cash in after 5 cash in after 3 Years Years after 1 Year Total costs 193 579 965 Impact on return (RIY) per year 1.93% 1.93% 1.93% Composition of costs The table below shows the impact each year of the different types of costs on the investment return you might get at the end of the recommended holding period and the meaning of the different cost categories. This table shows the impact on return per year One-off costsEntry costs 0.00%The impact of the costs you pay when entering your investment. This is the most you will pay, and you could pay less. Exit costs 0.00%The impact of the costs of exiting your investment when it matures. Ongoing costsPortfolio transaction costs 0.44%The impact of the costs of us buying and selling underlying investments for the product.Other ongoing costs 1.49%The impact of costs each year associated with the Company, including our management fees (0.97%) and director remuneration, administrator and depositary fees, audit and other costs (0.53%). Incidental costs Performance fees 0.00%The impact of the performance fee. Carried interests0.00%The impact of carried interests.How long should I hold it and can I take my money out early? Recommended holding period: 5 Years A holding period of 5 years has been used in preparing this KID. This is not a recommendation that you hold shares for 5 years. There is no maturity date and the manufacturer is not entitled to unilaterally terminate this product. Shares of the Company are bought and sold via the Main Market of the London Stock Exchange. Typically, at any given time on any given day, the price you pay for a share will be higher than the price at which you could sell it. If you have any queries regarding share issue costs then you should contact the relevant intermediary companies acting as brokers when buying and selling shares. How can I complain? Complaints may be lodged on the Company’s website at https://www.globalenergyinfrastructure.co.uk or with the Company’s Administrator, Ocorian (UK) Limited within business hours on +44 (0)20 7367 8300. The Company can be contacted by writing to 5th Floor, 20 Fenchurch St, London EC3M 3BY. For complaints in relation to a person who is advising on, or selling, the product you should pursue that complaint with the relevant person in the first instance. Other relevant information The cost, performance and risk calculations included in this KID follow the methodology prescribed by the U.K. Financial Conduct Authority. Performance projections are derived from historic data. However, past performance is no guide of future performance. The value of investments and the income from them may go down as well as up. Investors should not rely solely on this KID in making their investment decisions. Further information on the Company, including its most recent published annual report and accounts, and, in relation to the Sustainability Objective and its “Sustainability Impact” label, can be found at https://www.globalenergyinfrastructure.co.uk