SDIC UBS Fund has launched a special compensation plan in response to the controversy over valuation adjustments triggered by extreme market conditions for its silver LOF product. The key points are as follows:

I. Core Content of the Compensation Plan

1. Eligible Parties:

• Individual investors (excluding institutions) who confirmed redemptions at the net asset value on February 2, 2026.

• Covers over 90% of the investors who redeemed on that day.

2. Tiered Compensation Standards:

Loss Amount Range Compensation Method

Below 1000 yuan Full compensation for actual losses

1000 yuan and above 1000 yuan + proportional compensation for the excess amount

3. Application Process:

• Starting from February 26, apply through the Alipay mini-program "SDIC UBS Silver Fund".

• Bank transfer time is approximately 10 working days.

II. Event Background and Controversy Focus

• Reasons for Valuation Adjustment:

• Epic plunge in international silver prices (single-day volatility exceeding normal levels).

• Domestic futures price limit system led to the risk of "inflated" net asset value.

• Investor Demands:

• Losses were not entirely caused by investment decisions.

• Involved comprehensive factors such as product design and risk control processes.

III. Industry Implications

1. Response to Extreme Market Conditions:

• Public funds need to strengthen prediction mechanisms for extreme events.

• Balance short-term net asset value fluctuations with long-term investor interests.

2. Significance of Compensation Innovation:

• The first systematic compensation case triggered by valuation adjustments.

• Provides a reference model for the industry to handle similar disputes.

(Note: The plan was implemented within only 12 days from the outbreak of the incident, demonstrating a rapid response to protect the rights and interests of small and medium investors.)