Global Market Performance. Investment involves risks, please read the important information.

Performance Investment involves risks, please read the important information.

2017 Ytd Asset Class Performance Equity 14.98 Equity 25.74 Investment Grade bond 6.16 High Yield Corp bond 7.96 Dollar Index -9.14 Gold Future 9.98 Crude oil (WTI) -6.61-15 -10-5 0 5 10 15 20 25 30 Equity represented by MSCI ACWI Index, Equity represented by MSCI EM Index, Invest grade bond represented by Bloomberg Barclays Agg Total Return Value Unhedged D, High Yield Corp bond represented by Bloomberg High Yield Corporate Bond Index,Gold Future represented by COMEX gold, Crude Oil (WTI) represented by WTI(West Texas Intermediate) % Source: Bloomberg As of 31/7/2017;Index performance calculated in base currency with gross distribution reinvested. Investment involves risks, please read the important information. 2

Outlook Investment involves risks, please read the important information.

Valuation of Key s s PE ratios s 10Y Government Bond Yield 35 5Y Max and Min PE 5Y Average Current PE 6 5 5Y Max and Min Yield 5Y Average Current Yield 30 25 4 20 3 15 10 % 2 5 1 0 Dow Jones Industrial S&P 500 Index STOXX 50 Nikkei 225 CSI 300 Index HSI HSCEI 0-1 UK France Germany Japan Australia Source: Bloomberg Data as of 31/7/2017 Investment involves risks, please read the important information. 4

Equity, bond market & GDP forecast 10Y Treasury Yield S&P 500 Index dividend yield and GDP Forecast S&P 500 Index dividend yield 10Y Treasury Yield 4.5 Atlanta Fed GDPNow GDP Forecast % 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 2.819% 2.2942% 2.00% 12/2014 03/2015 06/2015 09/2015 12/2015 03/2016 06/2016 09/2016 12/2016 03/2017 06/2017 Source: Bloomberg Data as of 31/7/2017 Investment involves risks, please read the important information. 5

2017 Major Index YTD Performance MSCI ACWI DOW JONES IND. AVG S&P 500 INDEX NASDAQ COMPOSITE INDEX STXE 50 Pr FTSE 100 INDEX DAX INDEX CAC 40 INDEX NIKKEI 225 TAIWAN TAIEX INDEX KOSPI INDEX ALL ORDINARIES INDX Straits Times Index STI FTSE Bursa Malaysia KLCI STOCK EXCH OF THAI INDEX MICEX INDEX -10.34% BRAZIL IBOVESPA INDEX S&P BSE SENSEX INDEX CSI 300 INDEX SHANGHAI SE A SHARE INDX SHANGHAI SE B SHARE INDX SHENZHEN SE A SHARE INDX SHENZHEN SE B SHARE INDX CSI 100 Index HANG SENG INDEX HANG SENG CHINA ENT INDX -0.08% -3.88% 5.34% 5.58% 5.55% 5.24% 3.78% 4.25% 7.43% 8.93% 7.44% 9.45% 7.85% 12.28% 11.59% 14.98% 18.69% 15.92% 18.85% 14.86% 17.60% 19.51% 23.34% 29.51% 27.43% Source: Bloomberg Data as of 31/7/2017; Index performance calculated in base currency with gross distribution reinvested. Investment involves risks, please read the important information. 6

MSCI Indices performance 5-year performance of MSCI World Index and other major markets 160% 140% 120% 100% 80% 60% 40% MSCI World MSCI MSCI Japan MSCI 137.05% 78.55% 67.90% 66.65% 20% 0% -20% 07/2012 01/2013 07/2013 01/2014 07/2014 01/2015 07/2015 01/2016 07/2016 01/2017 07/2017 Source: Bloomberg Data as of 31/7/2017;Index performance is calculated in the fund s base currency on NAV-to-NAV basis with gross dividend reinvested. Investment involves risks, please read the important information. 7

Volatility 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 32.03% 26.68% 34.89% 29.68% 60.64% 54.55% 29.26% 30.16% 21.26% 19.78% 22.22% 20.67% 16.84% 14.13% 14.09% 14.01% 10.15% 31.80% 23.35% 19.86% 18.57% 14.76% 14.24% 47.27% 42.42% 38.43% 36.95% 36.68% 34.92% 45.10% 39.67% 38.94% 38.45% 37.67% 36.45% 25.52% 23.11% 20.51% 18.96% 17.99% 17.74% 26.32% 23.37% 22.05% 21.38% 20.33% 19.97% 27.49% 23.72% 20.96% 20.81% 19.68% 18.49% 18.21% 16.50% 15.54% 12.75% 12.38% 11.50% 17.13% 16.23% 14.38% 11.72% 11.18% 10.42% 25.92% 22.74% 19.30% 15.25% 14.93% 14.72% 24.59% 23.60% 20.33% 17.96% 17.02% 15.40% 9.73% 11.79% 29.35% 32.70% 16.16% 19.13% 17.55% 9.94% 8.79% 12.20% 13.93% - MSCI World Index - MSCI Pacific (ex Japan) Index - MSCI market index - S&P500 Index - Shanghai Stock Exchange Composite Index - Hang Seng Index - HSCEI - Euro STOXX50 Index Source: Bloomberg;Volatility is calculated as 1 year volatility Data as of 30/12/2016 Investment involves risks, please read the important information. 8

Volatility 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 32.03% 26.68% 34.89% 29.68% 60.64% 54.55% 29.26% 30.16% 21.26% 19.78% 22.22% 20.67% 16.84% 14.13% 14.09% 14.01% 10.15% 31.80% 23.35% 19.86% 18.57% 14.76% 14.24% 47.27% 42.42% 38.43% 36.95% 36.68% 34.92% 45.10% 39.67% 38.94% 38.45% 37.67% 36.45% 25.52% 23.11% 20.51% 18.96% 17.99% 17.74% 26.32% 23.37% 22.05% 21.38% 20.33% 19.97% 27.49% 23.72% 20.96% 20.81% 19.68% 18.49% 18.21% 16.50% 15.54% 12.75% 12.38% 11.50% 17.13% 16.23% 14.38% 11.72% 11.18% 10.42% 25.92% 22.74% 19.30% 15.25% 14.93% 14.72% 24.59% 23.60% 20.33% 17.96% 17.02% 15.40% 9.73% 11.79% 29.35% 32.70% 16.16% 19.13% 17.55% 9.94% 8.79% 12.20% 13.93% - MSCI World Index - MSCI Pacific (ex Japan) Index - MSCI market index - S&P500 Index - Shanghai Stock Exchange Composite Index - Hang Seng Index - HSCEI - Euro STOXX50 Index Source: Bloomberg;Volatility is calculated as 1 year volatility Data as of 30/12/2016 Investment involves risks, please read the important information. 9

Return 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 135.08% 97.97% -37.00% 82.63% 2.11% 27.44% 32.37% 57.95% 11.15% 11.95% 19.24% 98.25% 38.97% 33.87% 32.52% 21.57% 19.19% 15.78% 58.81% 43.38% 39.71% 37.75% 12.29% 10.42% 5.57% -41.82% -41.83% -46.39% -49.88% -51.18% -53.18% -64.89% 78.92% 74.35% 66.04% 56.73% 35.48% 27.05% 26.45% 18.93% 15.06% 13.29% 8.58% 1.74% -1.83% -12.84% -6.84% -13.12% -14.99% -17.37% -18.16% -19.64% -20.22% 23.15% 19.74% 19.61% 18.62% 16.82% 15.99% 5.83% 23.49% 22.73% 6.56% 4.10% -1.40% -2.26% -3.88% 15.49% 13.68% 5.31% 4.92% 4.75% 3.46% -1.96% 7.35% 1.37% -1.80% -3.92% -8.78% -14.61% -16.91% 11.55% 8.51% 7.36% 4.83% 4.28% 1.44% -10.50% - MSCI World Index - MSCI Pacific (ex Japan) Index - MSCI market index - S&P500 Index - Shanghai Stock Exchange Composite Index - Hang Seng Index - HSCEI - Euro STOXX50 Index Source: Bloomberg Data as of 30/12/2016 Investment involves risks, please read the important information. 10

Return 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 135.08% 97.97% -37.00% 82.63% 2.11% 27.44% 32.37% 57.95% 11.15% 11.95% 19.24% 98.25% 38.97% 33.87% 32.52% 21.57% 19.19% 15.78% 58.81% 43.38% 39.71% 37.75% 12.29% 10.42% 5.57% -41.82% -41.83% -46.39% -49.88% -51.18% -53.18% -64.89% 78.92% 74.35% 66.04% 56.73% 35.48% 27.05% 26.45% 18.93% 15.06% 13.28% 8.58% 1.74% -1.83% -12.84% -6.84% -13.12% -14.99% -17.37% -18.16% -19.64% -20.22% 23.15% 19.74% 19.61% 18.62% 16.82% 15.99% 5.83% 23.49% 22.73% 6.56% 4.10% -1.40% -2.26% -3.88% 15.49% 13.68% 5.31% 4.92% 4.75% 3.46% -1.97% 7.35% 1.37% -1.80% -3.92% -8.78% -14.61% -16.91% 11.55% 8.51% 7.36% 4.83% 4.28% 1.44% -10.50% - MSCI World Index - MSCI Pacific (ex Japan) Index - MSCI market index - S&P500 Index - Shanghai Stock Exchange Composite Index - Hang Seng Index - HSCEI - Euro STOXX50 Index Source: Bloomberg Data as of 30/12/2016 Investment involves risks, please read the important information. 11

Important Information Investment involves risk and is subject to market fluctuations and inherent risks. Investment in emerging markets involves special risks and considerations. Investors could face no returns and / suffer significant loss related to the investments. Past performance is not indicative of future performance. The information contained herein is based on sources believed to be reliable. Information, opinions and projections in this document reflect a judgment at its original date of publication and are subject to change without notice. The information, opinions and projections contained herein are for reference only. This document should not be reproduced or further distributed to any person or entities, whether in whole or in part, for any purposes. This document does not constitute any distribution, or any recommendation, offer, invitation or solicitation to buy or sell any investment. This document is issued by BOCI-Prudential Asset Management Limited. It has not been reviewed by the SFC. Investment involves risks, please read the important information. 12

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet For The Polytechnic University Employees For Internal Reference Only Investment Manager: BOCI-Prudential Asset Management Limited Trustee and Custodian: BOCI-Prudential Trustee Limited

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet Important Information General You should consider your own risk tolerance level and financial circumstances before making any investment choices. When, in your selection of funds, you are in doubt as to whether a certain fund is suitable for you (including whether it is consistent with your investment objectives), you should seek independent financial and/or professional advice and choose the fund(s) most suitable for you taking into account your circumstances. You should consider your own risk tolerance level and financial circumstances before investing in the MPF Default Investment Strategy (as defined in section 3.1A headed MPF Default Investment Strategy in the principal brochure of BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme (the Scheme )). You should note that the BOC-Prudential Core Accumulation Fund and the BOC-Prudential Age 65 Plus Fund may not be suitable for you, and there may be a risk mismatch between the BOC-Prudential Core Accumulation Fund and the BOC-Prudential Age 65 Plus Fund and your risk profile (the resulting portfolio risk may be greater than your risk preference). You should seek financial and/or professional advice if you are in doubt as to whether the MPF Default Investment Strategy is suitable for you, and make the investment decision most suitable for you taking into account your circumstances. You should note that the implementation of the MPF Default Investment Strategy may have an impact on your MPF investments and benefits. We recommend that you consult with the Trustee if you have doubts on how you are being affected. Fees and charges of a MPF conservative fund can be deducted from either (i) the assets of the fund or (ii) members account by way of unit deduction. The BOC-Prudential MPF Conservative Fund uses method (i) and, therefore, unit prices/nav/fund performance quoted have incorporated the impact of fees and charges. You should not solely rely on the stand-alone marketing material to make any investment decision. Please refer to the principal brochure of the Scheme for further details (including risk factors, fees and charges, and fund information). Investment involves risks. Prices of units of the constituent funds may go down as well as up. The past performance information is not indicative of future performance. Important Information Withdrawal of Accrued Benefits by Instalments If you have attained (i) the normal retirement age of 65 or (ii) the early retirement age of 60 and certify to the Trustee by statutory declaration that you have permanently ceased your employment or self-employment, you may choose to withdraw accrued benefits by way of instalments by specifying the exact instalment amount from 1st February 2016. In respect of your application for withdrawal of accrued benefits by instalments, the Trustee will not charge any fee for payment of the first four (4) instalments in each calendar year and payment of the final instalment for all remaining and payable accrued benefits under the Scheme. Other than such circumstances, the Trustee will charge a handling fee of HK$100 per withdrawal of accrued benefits by instalments as specified in Table (E) of principal brochure section 7.1, and such fee will be deducted from your withdrawal amount. You may download the relevant forms for withdrawal of accrued benefits by instalments from the Trustee s website www.bocpt.com. You may also obtain the relevant forms from Trustee s Customer Service Centre at Unit 2403, 24/F., Citicorp Centre, 18 Whitfield Road, Causeway Bay, or call Trustee s Customer Services Representative of the Scheme at 2929-3030 for further information. For Internal Reference Only 1

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet BOCI-Prudential Commitment to Services Excellence One-stop MPF Services BOCI-Prudential Asset Management Limited and BOCI-Prudential Trustee Limited provide you a one-stop MPF service solution, which includes investment management, trustee, custody and administration in order to meet different needs of employers and members. Management and Administration BOCI-Prudential Asset Management Limited Investment Manager Company Background of the Investment Manager and Trustee / Custodian BOCI-Prudential Trustee Limited Trustee Custodian BOCI-Prudential Asset Management Limited and BOCI-Prudential Trustee Limited are the two joint ventures established by the subsidiaries of Bank of Limited (formerly known as Bank of ) and Prudential plc in 1999. BOCI-Prudential Asset Management Limited is an asset management company founded in, offering a broad spectrum of investment products ranging from MPF, retirement schemes, retail unit trusts, to exchange traded funds, apart from the tailor-made investment strategies for individual and institutional clients. BOCI-Prudential Trustee Limited primarily offers trust and administration services for MPF and retirement schemes, and is actively developing trustee and custodian services of unit trust funds. BOC International Holdings Limited Prudential Holdings Limited BOCI-Prudential Asset Management Limited In 1999 BOC International Holdings Limited Bank of () Limited Prudential Holdings Limited BOCI-Prudential Trustee Limited For Internal Reference Only Leveraging on the background of BOCI and Prudential, together with a dedicated team of investment and administration professionals, BOCI-Prudential endeavors to provide quality and diversified services in order to offer you a simple and convenient MPF solution. 2

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet Supporting Services MPF News Update You may fill in your e-mail address in the member enrolment form to get the updated MPF news via e-mail. Enquiry Services and Information Update With our electronic services, you can always access your MPF account and make necessary changes: Electronic Services Our Website The HK Polytechnic University MTS Administration Hotline Smartphone App ATM Internet Banking (for personal customers) of Bank of (), Nanyang Commercial Bank and Chiyu Banking Corporation Contribution Enquiries 3 3 3 3 3 Account Balance Enquiries 3 3 3 3 3 Unit Fund Prices Enquiries 3 3 3 N/A N/A Change of Investment Mandate for Future Contributions Re-balancing of Existing Investment Account Balances 3 3 3 N/A N/A 3 3 3 N/A N/A E-statements and Notices 3 N/A 3 N/A N/A Forms Request/Principal Brochure 3 3 N/A N/A N/A Communication Channels You are welcome to contact us via the following channels to inquire and obtain information: The HK Polytechnic University MTS Administration Hotline The HK Polytechnic University MPF Product Hotline Communication Channels 2290-1010 2280-8694 For Internal Reference Only Facsimile Number 2151-0999 Website E-mail Correspondence Address and Customer Services Centre http://www.boci-pru.com.hk http://www.bocpt.com info@boci-pru.com.hk mpf@bocpt.com Unit 2403, 24/F., Citicorp Centre, 18 Whitfield Road, Causeway Bay, ATM/Jetco Network ATM network of Bank of ()/Jetco network 3

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet Notes to Members Special Voluntary Contribution ( SVC ) Choosing Constituent Funds Portability of Accrued Benefits Withdrawal of Accrued Benefits Update of Personal Information You may submit an Application for Special Voluntary Contribution (SVC) <FORM EC-SVC-EM> to the Trustee. Subject to the Trustee s approval, SVC may be made one month (or such shorter period as the Trustee may agree) from the date of the application. The key features of SVC are as follows: Minimum contribution amount: HK$300 for regular SVC and HK$1,000 for ad-hoc SVC only No subscription/redemption/switching charges # Can change the investment mandate for future contributions and/or rebalance the existing investment account balances as many times as you wish without charges (The allocated percentage for each selected constituent fund must be an integer and should be not less than 5%.) Withdraw cash for not less than HK$3,000 at any time For further inquiries, please feel free to call The HK Polytechnic University MTS Administration Hotline at 2290-1010 or The HK Polytechnic University MPF Product Hotline at 2280-8694. # For further details about fees and charges, please refer to the sub-section headed Management Fees (Current Level) of this pamphlet. You may choose to invest in the constituent funds by indicating your investment choice (the allocated percentage for each selected constituent fund must be an integer and should be not less than 5%) in the Member Enrolment Form <FORM EC-ENROL-EE>. If you fail to submit the investment mandate or your investment mandate fails to meet the requirements for a Specific Investment Instruction (as referred to in section 3.1A headed MPF Default Investment Strategy of the principal brochure of the Scheme), all your accrued benefit deriving from the relevant contributions made by or in respect of you and any accrued benefits transferred from another scheme will be invested in the MPF Default Investment Strategy ( DIS ). For details of different circumstances for accrued benefits to be invested in the DIS Funds, please refer to Section 6A headed Operational and Administrative Arrangements relating to DIS of the principal brochure of the Scheme. You may give instruction on change of investment mandate for future contributions and rebalancing of existing investment account balances by submitting to the Trustee a Change of Investment Fund Instruction <FORM EC-SM-REBALANCE> or via The HK Polytechnic University MTS Administration Hotline/Trustee s Website/Smartphone App. Your valid investment instructions received by the Trustee at or before 4:00pm on any business day will normally be processed on the same day. Valid investment instructions received after 4:00pm on any business day or at any time on a Saturday, public holiday or other non-business day will normally be processed on the following business day. Under normal circumstances, the transaction process of those instruction will be completed within 2 working days upon well received of the instruction. When you change job, you may choose to transfer the MPF accrued benefits accumulated during your previous employment in one of the following ways by filling in the Scheme Member s Request for Fund Transfer Form <FORM MPF(S)-P(M)> ( Transfer Form ): Transfer them to your contribution account opened under your new employment (submit the completed Transfer Form to your new employer, together with the Member Enrolment Form for the MPF scheme under your new employment); or Transfer them to your existing personal account in any MPF Scheme (submit the completed Transfer Form to the trustee holding your existing personal account). The original trustee will arrange the transfer within 30 days after being notified of your transfer option. If the original trustee does not receive your instruction within three months after receiving the notice of your cessation of employment, your MPF accrued benefits will be automatically transferred to a personal account* under the original MPF Scheme. You may withdraw the accrued benefits under the following circumstances: (a) Reach the age of 65; or (b) Early retirement at age 60 or above; or (c) Permanent departure from ; or (d) Total incapacity; or (e) Terminal illness; or (f) A small balance of HK$5,000 or less, and as at the date of the claim, at least 12 months have elapsed since the latest contribution day in respect of the member; or (g) Death (the accrued benefits will be regarded as part of the member s estate to be claimed by the personal representative of the estate) For further details, please refer to the principal brochure of the Scheme and the website of Mandatory Provident Fund Schemes Authority at www.mpfa.org.hk. If you fulfill any one of the above criteria, please submit a Claim Form For Payment of Accrued Benefits <FORM MPF(S)-W(R)> (applicable to claims on grounds of retirement or early retirement), or <FORM MPF(S)-W(O)> (applicable to claims on other grounds) together with relevant supporting document and required statutory declaration to the Trustee. For Internal Reference Only Submit a Notice of Change of Scheme Member s Particulars <FORM SM-CHG (PART)> to the Trustee by post or by email if you need to change your personal information, such as correspondence/email address or contact telephone number. Alternately, such information can also be updated via Trustee s Website. The cut off time is 4:00pm on each working day. Instruction received after the cut off time will be processed on the following working day. Mandatory contribution made by a member is tax deductible. Please refer to the Inland Revenue Tax Concession Ordinance for further details. Risk involved in fund switching - Investors should note that the performance of the investment markets could fluctuate significantly. Fund prices may go down as well as up. There is no guarantee that, given the time required to implement fund switching instructions, such instructions will achieve investors desired results. Investors should consider carefully their own risk tolerance level and financial circumstances (as well as investors own retirement plan) before making any investment choices. If in doubt, investors should contact their independent financial advisor for further advice. * Before the commencement of MPF Employee Choice Arrangement on 1 November 2012, Personal Account was known as Preserved Account. This Note is for reference only. Please refer to the latest announcement of the Mandatory Provident Fund Schemes Authority for updated information on the legislative requirements. 4

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet Investment Choices Equity Funds Constituent Fund Name, Investment Objective and Policy 1 Expected Normal Asset Allocation 1 BOC-Prudential Equity Fund Aims to provide long term capital growth Invests at least 70% of the Fund s non-cash assets in the equity sub-fund of the BOC-Prudential Unit Trust Fund BOC-Prudential Equity Fund Aims to provide long term capital growth Invests at least 70% of the Fund s non-cash assets in the equity subfund of the BOC-Prudential Unit Trust Fund BOC-Prudential Japan Equity Fund Aims to achieve long term capital growth Invests primarily in the Japan equity sub-fund of the BOC-Prudential Unit Trust Fund BOC-Prudential Equity Fund Aims to achieve long term capital growth Invests at least 70% of the Fund s non-cash assets in the equity sub-fund of the BOC-Prudential Unit Trust Fund It is intended that the sub-fund will not invest in equities in Japan BOC-Prudential Equity Fund Seeks to achieve long term capital growth Invests at least 70% of the Fund s non-cash assets in (i) a combination of the global equity, equity, equity, equity, Japan equity and an equity sub-funds of the BOC-Prudential Unit Trust Fund (collectively, the equity subfunds ) or (ii) a combination of the equity sub-funds and equity-related approved ITCIS + managed by the Investment Manager Equity Funds Index Tracking Series BOC-Prudential CSI HK 100 Tracker Fund Aims to achieve long term capital growth Currently, invests exclusively in an approved ITCIS + selected by the Investment Manager W.I.S.E. CSI HK 100 Tracker TM, an index-tracking exchange traded fund which seeks to track the performance of the CSI 100 Index by adopting a representative sampling strategy BOC-Prudential an Index Tracking Fund Aims to achieve long term capital growth Currently, invests exclusively in an approved ITCIS + selected by the Investment Manager the BOC-Prudential an Index Fund, which seeks to provide investment performance (before fees and expenses) that tracks the performance of the FTSE MPF Index (unhedged) primarily by adopting a representative sampling strategy BOC-Prudential Unit Trust Fund: equity sub-fund 70 100% Cash and time deposits 0 30% BOC-Prudential Unit Trust Fund: equity sub-fund 70 100% Cash and time deposits 0 30% BOC-Prudential Unit Trust Fund: Japan equity sub-fund 70 100% Cash and time deposits 0 30% BOC-Prudential Unit Trust Fund: equity sub-fund 70 100% Cash and time deposits 0 30% BOC-Prudential Unit Trust Fund: 40 100% equity sub-fund 20 80% equity sub-fund 0 40% equity sub-fund 0 30% equity sub-fund 0 30% Japan equity sub-fund 0 30% an equity sub-fund 0 50% Approved ITCIS + 0 60% Cash and time deposits 0 30% Approved ITCIS + W.I.S.E. CSI HK 100 Tracker TM 90 100% Cash and time deposits 0 10% Approved ITCIS + BOC-Prudential Index Fund Series: BOC-Prudential an Index Fund 90 100% Cash and time deposits 0 10% BOC-Prudential North America Index Tracking Fund Aims to achieve long term capital growth Currently, invests exclusively in an approved ITCIS + selected by the Investment Manager the BOC-Prudential North America Index Fund, which seeks to provide Approved ITCIS + BOC-Prudential Index Fund Series: BOC-Prudential North investment performance (before fees and expenses) that tracks the performance of America Index Fund 90 100% the FTSE MPF North America Index (unhedged) primarily by adopting a representative sampling strategy Cash and time deposits 0 10% For Internal Reference Only 5

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet Investment Choices Constituent Fund Name, Investment Objective and Policy 1 Expected Normal Asset Allocation 1 Mixed Asset Funds BOC-Prudential Growth Fund Seeks to achieve a return higher than the average capital appreciation Invests in (i) a combination of sub-funds of the BOC-Prudential Unit Trust Fund or (ii) a combination of sub-funds of the BOC-Prudential Unit Trust Fund and approved ITCIS + managed by the Investment Manager Will be primarily invested in the equity sub-funds to form a global equity portfolio. The balance will be invested in the bond sub-funds BOC-Prudential Balanced Fund Seeks to achieve a long term capital growth Invests in (i) a combination of sub-funds of the BOC-Prudential Unit Trust Fund or (ii) a combination of sub-funds of the BOC-Prudential Unit Trust Fund and approved ITCIS + managed by the Investment Manager Will be invested in a mix of equity and bond sub-funds BOC-Prudential Stable Fund Will be invested in a conservative manner to reduce the risk of capital losses while attempting to achieve a reasonable level of capital gains Invests in (i) a combination of sub-funds of the BOC-Prudential Unit Trust Fund or (ii) a combination of sub-funds of the BOC-Prudential Unit Trust Fund and approved ITCIS + managed by the Investment Manager Will be invested in a mix of equity and bond sub-funds Bond Fund BOC-Prudential Bond Fund Seeks to provide a stable income stream and long term capital appreciation Invests primarily in the global bond sub-fund of the BOC-Prudential Unit Trust Fund Money Funds BOC-Prudential MPF RMB & HKD Money Fund 2, 3 Seeks to achieve long term total returns by primarily investing in a portfolio of money market and debt instruments denominated in Renminbi ( RMB ) and Hong Kong dollar ( HKD ) Return over the long term is expected to follow the price movement of the RMB and HKD denominated money market and debt instruments BOC-Prudential MPF Conservative Fund 3 Aims at achieving a return higher than the interest rate in dollar savings account Invests in deposits and debt securities with an average portfolio maturity of not exceeding 90 days and will have a total value of dollar currency investments equal to the total market value of the constituent fund MPF Default Investment Strategy ( DIS ) 4 BOC-Prudential Core Accumulation Fund Seeks to provide capital growth to scheme members by investing in a globally diversified manner Targets to hold 60% of its underlying assets in higher risk assets (as referred to in section 3.1A headed MPF Default Investment Strategy of the principal brochure of the Scheme), through investing in a combination of equity sub-funds of the BOC-Prudential Unit Trust Fund and/or approved ITCIS +, with the remainder investing in lower risk assets (as referred to in section 3.1A headed MPF Default Investment Strategy of the principal brochure of the Scheme), through investing in a combination of bond sub-funds of the BOC-Prudential Unit Trust Fund and/or approved ITCIS + Aims to achieve a performance that is referenced against the Reference Portfolio (as referred to in section 3.1A headed MPF Default Investment Strategy of the principal brochure of the Scheme) Equities 70 100% Bonds 0 30% Cash, time deposits, money market or fixed income securities 0 20% Equities 40 80% Bonds 20 60% Cash, time deposits, money market or fixed income securities 0 20% Equities 10 50% Bonds 40 90% Cash, time deposits, money market or fixed income securities 0 20% BOC-Prudential Unit Trust Fund: bond sub-fund 70 100% Cash and time deposits 0 30% Short-term deposit and money market instruments 70 100% Debt securities 0 30% Deposits and debt securities 100% Equities, warrants, interests in an ITCIS + that tracks an index comprised of equities or equities-like securities and/or other investments as identified in the relevant guidelines issued by the Authority # from time to time: 55 65% Bonds or fixed income instruments: 35 45% Cash, time deposits or money market securities: 0 10% For Internal Reference Only 6

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet Investment Choices Constituent Fund Name, Investment Objective and Policy 1 Expected Normal Asset Allocation 1 MPF Default Investment Strategy 4 (cont d) BOC-Prudential Age 65 Plus Fund Seeks to provide stable growth for the retirement savings to scheme members by investing in a globally diversified manner Targets to hold 20% of its assets in higher risk assets (as referred to in section 3.1A headed MPF Default Investment Strategy of the principal brochure of the Scheme) through investing in a combination of equity sub-funds of the BOC-Prudential Unit Trust Fund and/or approved ITCIS +, with the remainder investing in lower risk assets (as referred to in section 3.1A headed MPF Default Investment Strategy of the principal brochure of the Scheme) through investing in a combination of bond sub-funds of the BOC-Prudential Unit Trust Fund and/or approved ITCIS + Aims to achieve a performance that is referenced against the Reference Portfolio (as referred to in section 3.1A headed MPF Default Investment Strategy of the principal brochure of the Scheme) Please refer to section 3.2 Risk Factors of the principal brochure of the Scheme for details about the risks associated with the constituent funds. 1 Please refer to section 3.1.1 Investment Policy of the Constituent Funds of the principal brochure of the Scheme for details. 2 The BOC-Prudential MPF RMB & HKD Money Fund is subject to RMB currency risk, and there is no guarantee that the RMB will not depreciate or RMB will not be subject to devaluation. This constituent fund is also subject to certain specific risks, including but not limited to limited pool of investments, credit/insolvency risk of counterparties, liquidity risks, emerging market risk and interest rates risk. Please refer to part (m) of section 3.2 Risk Factors of the principal brochure of the Scheme for details. 3 Investments in the BOC-Prudential MPF RMB & HKD Money Fund and BOC-Prudential MPF Conservative Fund are not the same as placing funds on deposit with a bank or deposit-taking company and that there is no obligation to redeem the investment at the subscription value and that these constituent funds are not subject to the supervision of the Hong Kong Monetary Authority. 4 For details of DIS, please refer to section 3.1A MPF Default Investment Strategy of the principal brochure of the Scheme. For key risks relating to DIS, please refer to part (n) of section 3.2 Risk Factors of the principal brochure of the Scheme. + Approved ITCIS / ITCIS means index-tracking collective investment scheme approved by the Mandatory Provident Fund Schemes Authority. # Authority means Mandatory Provident Fund Schemes Authority. Bonds or fixed income instruments: 75 85% Equities, warrants, interests in an ITCIS + that tracks an index comprised of equities or equities-like securities and/or other investments as identified in the relevant guidelines issued by the Authority # from time to time: 15 25% Cash, time deposits or money market securities: 0 10% For Internal Reference Only 7

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet Management Fees * (Current Level)^ (Special Arrangement on Fees and Charges for The Polytechnic University Employees) Participating employers and members of the Scheme may pay certain fees, charges and expenses upon and after joining the Scheme, including joining fee and annual fee (if any). Fees and charges may also be payable arising from transactions in individual member s account, and there are fund operating charges and expense of constituent funds, fees and charges payable out of the underlying funds, and other fees and charges for providing additional services. The following table merely sets out the management fees of constituent funds and underlying funds. Please refer to section 7 Fees and Charges of the principal brochure of the Scheme for details. Equity Funds Name of Constituent Funds BOC-Prudential Equity Fund Management Fees* of Constituent Funds (% of net asset value of the constituent fund per annum) Management Fees* of Underlying Funds (% of net asset value of the underlying fund per annum) Standard Fee Rebate ## Available to The Hong Kong Polytechnic University Employees (% of daily average net asset value of the constituent fund) BOC-Prudential Equity Fund BOC-Prudential Japan Equity Fund BOC-Prudential Equity Fund BOC-Prudential Equity Fund Equity Funds Index Tracking Series BOC-Prudential CSI HK 100 Tracker Fund 1.55% 0.8125% 0.0875% 0.6375% N/A BOC-Prudential an Index Tracking Fund 0.0875% 0.9025% BOC-Prudential North America Index 0.09% Tracking Fund Mixed Asset Funds BOC-Prudential Growth Fund BOC-Prudential Balanced Fund BOC-Prudential Stable Fund Bond Fund 1.55% 0.0875% 0.6375% BOC-Prudential Bond Fund 1.4% 0.0875% 0.6375% Money Funds BOC-Prudential MPF RMB & HKD Money Fund 2, 3 0.8% N/A N/A BOC-Prudential MPF Conservative Fund 3 MPF Default Investment Strategy 4 BOC-Prudential Core Accumulation Fund BOC-Prudential Age 65 Plus Fund 0.75% Nil (after fee rebate) N/A For Internal Reference Only * Management fees include fees paid to the trustee, custodian, administrator, investment manager (including fees based on fund performance, if any) and sponsor of a scheme for providing their services to the relevant fund. They are usually charged as a percentage of the net asset value of a fund. In the case of the BOC-Prudential Core Accumulation Fund and the BOC-Prudential Age 65 Plus Fund, Management fees payable to the parties named above, or their delegates, can only (subject to certain exceptions in the Mandatory Provident Fund Schemes Ordinance) be charged as a percentage of the net asset value of the fund. These Management fees are also subject to a statutory daily limit equivalent to 0.75% per annum of the net asset value of the fund which applies across both the fund and underlying funds. For the avoidance of doubt, Management fees of the BOC-Prudential Core Accumulation Fund and the BOC-Prudential Age 65 Plus Fund shall not include custodian fees which are not calculated by reference to the net asset value of these constituent funds. Any amount of Management fees exceeding the relevant specified rate will be rebated to the relevant constituent funds daily by the Trustee and Investment Manager respectively. 8

BOC-Prudential Easy-Choice Mandatory Provident Fund Scheme Pamphlet Management Fees * (Current Level)^ (Special Arrangement on Fees and Charges for The Polytechnic University Employees) Any amount of fees charged by the Trustee and the Investment Manager of the approved ITCIS + exceeding the specified rate will be rebated to the constituent funds by the Trustee and Investment Manager respectively. ^ In respect of any increase in fees and charges from the current level, at least three months prior notice must be given to all scheme members and participating employers. ## The rebate will be calculated based on the rebate rate X relevant constituent fund s daily average net asset value ( Daily Average NAV ). The Daily Average NAV is the average of each trading day s NAV during the relevant financial year of the Scheme. The rebate will be credited into the members account annually in the form of unit allotment within 45 days of the financial year end of the Scheme. For members who leave the Scheme during the financial year of the Scheme, the rebate will be calculated up to the date of termination and will be paid within 45 days of the financial year end of the Scheme. For details, please feel free to call The HK Polytechnic University MTS Administration Hotline at 2290-1010. 2 The BOC-Prudential MPF RMB & HKD Money Fund is subject to RMB currency risk, and there is no guarantee that the RMB will not depreciate or RMB will not be subject to devaluation. This constituent fund is also subject to certain specific risks, including but not limited to limited pool of investments, credit/insolvency risk of counterparties, liquidity risks, emerging market risk and interest rates risk. Please refer to part (m) of section 3.2 Risk Factors of the principal brochure of the Scheme for details. 3 Investments in the BOC-Prudential MPF RMB & HKD Money Fund and BOC-Prudential MPF Conservative Fund are not the same as placing funds on deposit with a bank or deposit-taking company and that there is no obligation to redeem the investment at the subscription value and that these constituent funds are not subject to the supervision of the Hong Kong Monetary Authority. 4 For details of DIS, please refer to section 3.1A MPF Default Investment Strategy of the principal brochure of the Scheme. For key risks relating to DIS, please refer to part (n) of section 3.2 Risk Factors of the principal brochure of the Scheme. + Approved ITCIS / ITCIS means index-tracking collective investment scheme approved by the Mandatory Provident Fund Schemes Authority. On-going Costs Illustrations and an Illustrative Example for BOC-Prudential MPF Conservative Fund are available for distribution together with the principal brochure of the Scheme. These documents demonstrate the effect of fees and charges on contributions to the constituent funds available under the Scheme. Before making any investment decisions concerning MPF investments, members should refer to the latest version of these documents which can be obtained from our website www.boci-pru.com.hk or via The HK Polytechnic University MPF Product Hotline 2280-8694. Investment involves risks. The above information is for reference only. You should not solely rely on the standalone information to make any investment decision. Please refer to the principal brochure of the Scheme for details (including risk factors, fees and charges, and fund information). For Internal Reference Only 9 This pamphlet is issued by BOCI-Prudential Asset Management Limited. Date: 1 April 2017