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AVIVA INVESTORS GLOBAL

SOCIÉTÉ D’INVESTISSEMENT À

CAPITAL VARIABLE – FONDS

D’INVESTISSEMENT SPÉCIALISÉ

(SICAV-SIF)

ANNUAL REPORT AND AUDITED FINANCIAL STATEMENTS

R.C.S. Luxembourg B239640 31 December 2025

avivainvestors.com

Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

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Contents

Board of Directors' and Conducting officers Report 3 Investment Manager’s Report 5 Management and Administration 9 Audit Report 10 Notes on the portfolio of investments disclosure 13 Aviva Investors Global - Aviva France Global High Yield Fund 14 Aviva Investors Global - EUR ReturnPlus Fund 18 Aviva Investors Global - GBP ReturnPlus Fund 23 Aviva Investors Global - Systematic Strategies Fund 31 Combined Statement of Net Assets 46 Statistical Information 47 Combined Statement of Operations and Changes in Net Assets 48 Notes to the Financial Statements 50 Other Information - Unaudited 55

This report does not constitute an offer of shares. Subscriptions are only valid if made on the basis of the current prospectus and the Key Information Documents (“KID”) supplemented by the last available annual report and the latest semi-annual report if published after such an annual report. Investors are hereby urged to read the entire prospectus, particularly the description of special risks. Past performance is not necessarily indicative of future returns. Copies of the prospectus, KID, annual report, semi-annual report and details of changes in investments for the sub-funds are available free of charge from the registered office of the Fund, 2 rue du Fort Bourbon, L-1249 Luxembourg, Grand Duchy of Luxembourg.

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

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Dear Shareholders, The Directors of Aviva Investors Global (the “Fund”) have the pleasure of presenting the annual report and audited Financial Statements to sharehold ers for the year ended 31 December 2025. Performance over the year: At year end, the total net assets of the Sub Funds (the “Sub Funds”) of Aviva Investors Global (the “Fund”) were EUR 6,950,251,717 compared to EUR 6,926,196,481 on 31 December 2024, representing an increase of 0.35%. Activities during the year: Effective 15 May 2025, Aviva Investors Global - Systematic Strategies Fund was launched. During the year ended 31 December 2025, the following Share Classes have been launched:

Sub-Fund Name Share Class Class Currency Base Currency

Investment Management Fees Distribution Fees Date Launched Aviva Investors Global - Systematic Strategies Fund Z Share Class Accumulation USD USD USD 0.00% 0.00% 25 July 2025 Aviva Investors Global - Systematic Strategies Fund Z Share Class Accumulation Hedged EUR EUR USD 0.00% 0.00% 15 May 2025 Aviva Investors Global - Systematic Strategies Fund

Z Share Class Accumulation Hedged GBP GBP USD 0.00% 0.00% 15 May 2025 No Sub-Funds and Share Classes were closed during the year. Changes in the Board of Directors: Changes in the composition of the Board of Directors (the “Board”) are outlined on page 9. Alternative Investment Fund Manager role and responsibilities : Aviva Investors Luxembourg S.A. as the Alternative Investment Fund Manager is responsible for the investment management, administration and distribution functions of the Company. Aviva Investors Luxembourg S.A may delegate part or all of such functions to third parties, subject to overall control and supervision. Please refer to the “Management and administration” section to get more details on delegations in place. Conducting officers: The Alternative Investment Fund Manager has appointed Conducting officers, in charge of the day to day management which are: - Victoria Kernan - Martin Bell - Sophie Vilain - Cindy Joller - Matteo Sbrolla - Justine Losic (from 3 February 2025)

Corporate Governance: The Board adheres to the principles of the Association of the Luxembourg Fund Industry (“ALFI”) code of conduct for Luxembourg investment funds. The code of conduct sets a framework of high-level principles and best practice recommendations for the governance of Luxembourg investment funds. The Directors of the Company are required to take decisions in the interests of the Company and its Shareholders and to refrain from taking part in any deliberation or decision which creates conflict between their personal interests and those of the Company and its Shareholders. The Board of Directors meets at least four times a year. The Board requests and receives reports from Aviva Investors Luxembourg S.A on the various activities including compliance controls and risk management undertaken by the Alternative Investment Fund Manager. Senior Aviva Investors Luxembourg S.A representatives attend all of the quarterly Board meetings, thus enabling the Board to question the reports presented to it. The Board reviews the Annual Report, the external audit process, corporate governance issues, agreements with various key service providers and the relationship with the external Auditor, including the recommendation to Shareholders of its appointment and level of fees. A new director can be co-opted by existing directors of the Company following the resignation of one director. Such co-optation is required to be ratif ied by the shareholders at the Annual General Meeting (“AGM”). If there is no resignation, the existing directors cannot proceed by way of co-optation, an d the approval of the shareholders at an AGM or Extraordinary General Meeting (“EGM”) will be required to appoint a new director. Commission de Surveillance du Secteur Financier (“CSSF”) approval is required in both circumstances. Directors who are affiliated with Aviva investors and its af filiates and subsidiaries have waived their fees for the year ended 31 December 2025. The Company is subject to corporate governance based on: Its obligations pursuant to the Luxembourg law of 13 February 2007 relating to specialised investment funds (as amended) and the Luxembourg law of 10 August 1915 on commercial companies (as amended). The Fund is an open-ended investment company organised as a limited liability company (société anonyme) under the laws of the Grand Duchy of Luxembourg and qualifies as a société d’investissement à capital variable – fonds d’investissement spécialisé (SICAV-SIF). The Fund is authorised as an undertaking for collective investment (UCI) and qualifies as an alternative investment fund ("AIF") within the meaning of article 1 (39) of the Luxembourg law of 12 July 2013. The Board of Directors consider that the Fund has been in compliance in all material aspects throughout the year ended 31 December 2025.

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

BOARD OF DIRECTORS' AND CONDUCTING OFFICERS REPORT

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The information stated in the report is historical and is not representative of future results.

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

BOARD OF DIRECTORS' AND CONDUCTING OFFICERS REPORT (CONTINUED)

Annual General Meeting: The annual general meeting shall be held in the Grand Duchy of Luxembourg at the registered office of the Company, or at such other place in Luxembourg as may be specified in the notice of the meeting, at any date and time decided by the Board but no later than within 6 months from the end of the Company's previous financial year. Significant Events: Effective 15 May 2025, Aviva Investors Global - Systematic Strategies Fund was launched.

On behalf of the Board of Directors Luxembourg, 29 April 2026

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Introduction The Fund is an open-ended investment company organised as a limited liability company (société anonyme) under the laws of the Grand Duchy of Luxembourg and qualifies as a société d’investissement à capital variable – fonds d’investissement spécialisé (SICAV-SIF). The Fund is authorised as a UCI under the Law and qualifies as an alternative investment fund ("AIF") within the meaning of the AIFM Law. The Fund is an umbrella fund and as such operates separate Sub-Funds, each of which is represented by one or more Classes. The Sub-Funds are distinguished by their specific investment polic y or any other specific features, as further described in the Sub-Fund Particulars. The umbrella structure enables the Fund to provide a range of Sub-Fu nds to Investors, to enable Investors to invest in the Sub-Fund(s) which best suit their individual requirements and thus make their own strategic alloca tion by combining holdings in various Sub-Funds of their own choice. The principal objective of Aviva Investors Global, SICAV-SIF (the “Fund”) is to place the funds available to it in accordance with the principle of ris k spreading in assets of any kind with the purpose of affording its Shareholders the results of the management of its portfolios. Each Sub-Fund may pursue a distinct investment objective and the investment policies may differ for each of them. The investment objective and policy are disclosed for each Sub-Fund in the relevant Sub-Fund Particulars. Alternative Investment Fund Manager The Fund has appointed Aviva Investors Luxembourg S.A. as the alternative investment fund manager (hereafter the “AIFM” or “AILX”). The AIFM is a public limited liability company (société anonyme) with registered office address at 2, rue du Fort Bourbon, L-1249 Luxembourg, Grand Duchy of Luxembourg and with registration number B 25.708 in the trade and companies’ register of Luxembourg. The AIFM is responsible for the portfolio and risk management of the Fund in accordance with the AIFM agreement, the Luxembourg Law of 12 July 2013 (“AIFM Law”), the Directive 2011/61/EU on Alternative Investment Fund Managers (“AIFMD”), the European Commission Delegated Regulation 231/2013 of 19 December 2012, and the Prospectus. The AIFM is further responsible for the valuation in the meaning of Article 17 of the AIFM Law. The AIFM is registered on the official list of Luxembourg AIFMs authorised under, and subject to, Chapter 2 of the AIFM Law and is authorised to act as external AIFM of alternative investment partnerships within the meaning of article 4(1), a) of the AIFM Law. The AIFM is under the on-going supervisio n of the Luxembourg financial supervisory authority Commission de Surveillance du Secteur Financier (CSSF). The AIFM has been appointed pursuant to an agreement dated on 13 November 2019, as amended from time to time, to provide portfolio management, risk management, administration, marketing and ancillary services. In addition, the AIFM delegated its portfolio management function (subject to the AIFM’s supervision and overall liability) to Aviva Investors Glob al Services Limited (the “Portfolio Manager”) pursuant to a portfolio management agreement dated 13 November 2019 between the AIFM and the Portfolio Manager. Financial Highlights For the year ended 31 December 2025, the total net assets of the Sub Funds (the “Sub Funds”) of Aviva Investors Global were EUR 6,950,251,717. 2025 Market Review Technology and the artificial intelligence (AI) theme continued to be the engine driving equity returns in 2025, with “hyperscalers” and AI-exposed sectors capturing the bulk of performance as earnings continued to show resilience. Global equities, as measured by the MSCI ACWI, finished the year u p 20% in local currency terms. On the back of huge capital expenditure focused on AI, markets did begin to voice concerns as some of the large technology companies continued to load up debt as markets searched for answers on how this expenditure would be converted to revenue. Total AI capital expenditure (capex) was reported to be around €414billion in 2025, up 44% on the previous year. Bubble talk grew louder as we entered the final months of the year as stretched valuations and massive capex continued to worry investors with investment markets beginning to distinguish between possibl e winners and losers in the AI “arms race”. The other notable theme of the year was President Trump’s tariff policy as the US administration sought to redress what it viewed as imbalances in global trade. The so-called “Liberation Day” triggered a burst of asset market volatility, with the US administration’s unilateral tariff actions i gniting sharp swings in global risk sentiment and tightening financial conditions. The US equity bellwether, the S&P 500, fell as much as 15% in April. There was a reprieve for trading partners of the US as the US administration announced the delay of tariffs allowing for ongoing negotiations. This was greeted favourably by markets, allowing regions like Europe, UK and China time to agree lower tariff rates. However, in general, the effective tariff rate ros e from c.2.5% at the beginning of 2025 to c.15% by the end of the year. With tariff-related revenue expected to be around $280 billion in 2025, up from approximately $77billion in 2024, President Trump delivered on one of his election promises but the jury is still out on how this will impact the US economy. It was a choppy yet ultimately positive year for sovereign bond markets. A six-week US government shutdown and fiscal brinkmanship reinforced the divide between short-term political incentives and long-term debt sustainability, driving volatility in Treasury markets and contributing to yie ld curve distortions, with short-dated yields pushed higher by policy and funding uncertainty while longer-dated yields reflected weaker growth and fiscal sustainability concerns. Fiscal looseness did not just impact the US, with market patience also being tested in France, the UK and Germany as governments leant on deficit spending to support investment, energy security and industrial policy. In direct response to this, investors sought alternative safe havens as persistent US fiscal concerns pushed global buyers towards gold which finished the year up 65%. Linked to this, the US dolla r came under significant pressure over the year due to rising fiscal-related risks, concerns about US Federal Reserve independence and the prospect of slower US growth. Returns from US assets for overseas investors were thus eroded as the dollar lost around 9% of its value in 2025. Acquisition of Own Shares The Fund did not acquire any of its own shares during the year ended 31 December 2025. Liquidity Management The AIFM maintains a liquidity management process to monitor the liquidity of the Sub-Funds, which includes, among other tools and methods of measurement, the use of stress tests under both normal and exceptional liquidity conditions. The liquidity management systems and procedures allow the AIFM to apply various tools and arrangements necessary to ensure that the portfolio of each Sub-Fund is sufficiently liquid to normally respond appropriately to redemption requests.

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

INVESTMENT MANAGER’S REPORT As at 31 December 2025

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Risk Management Strategy The AIFM is responsible for the risk management of the Fund’s assets. The overall responsibility for risk management lies with the management board of the AIFM (the “Board”), whose role is to govern the Fund in line with the detailed requirements of the Prospectus. The independent risk function at the level of the AIFM is responsible for the coordination of all risk reporting (inter alia, operational and investme nt risk) to the Board. The Board acts together with the independent risk function in the analysis and reporting of the various risks impacting the Fund’s assets . The risks that could impact the Fund include, amongst others, credit, counterparty, liquidity, market and operational risks. Principal Risks and Uncertainties The principal risks and uncertainties facing the Fund relate to the investments. The Fund has exposure to following risks from its investments and use of financial instruments: a) Business risk There can be no assurance that the Fund will achieve its investment objective in respect of any particular Sub-Fund. The past performance of the Fund before its re-domiciliation in Luxembourg is not necessarily indicative of the future results of any Sub-Fund. An investment in any Sub-Fund is not intended to be a complete investment program for any Investor and should only be part of a well-diversified investment portfolio. Prospective and current Investors should carefully consider whether an investment in any given Sub-Fund is suitable for them in the light of their own circumstances and financial resources. b) Political and regulatory risk The value of a Sub-Fund's assets may be affected by uncertainties such as international political developments, changes in government policies, changes in taxation, restrictions on foreign investment and currency repatriation, currency fluctuations and other developments in the laws and regulations of countries in which investment may be made. Furthermore, the legal infrastructure and accounting, auditing and reporting standards i n certain countries in which investment may be made may not provide the same degree of investor protection or information to Investors as would generally apply in major securities markets. c) Market risk Although it is intended that each Sub-Fund will be diversified, the investments of a Sub-Fund are subject to normal market fluctuations and to the risk s inherent to investments in equities, debt securities, currency instruments, financial derivatives and other similar instruments. A Sub-Fund may invest in underlying UCIs active on various markets throughout the world. Political changes, changes to the applicable legal framewor k, fiscal measures or currency risks on these markets may have a negative impact on the assets or the financial results of the underlying UCIs and, consequently, of the Sub-Fund. d) Liquidity Risk An investment in the Fund provides limited liquidity. Generally, a Shareholder has the right to redeem any or all of its Shares only on a periodical limi ted basis, and Shareholders may be subject to a redemption fee, if provided for in the relevant Sub-Fund Particulars. The Board may also limit redemptions and suspend redemption rights of the Shareholders in accordance with the Fund's Prospectus. In addition, derivative instruments, especially when traded in large amounts, may not be liquid in all circumstances, so that in volatile markets the relevant Sub-Fund may not be able to close out a position without incurring a loss. In addition, daily limits on price fluctuations and speculative pos ition limits on exchanges on which the relevant Sub-Fund may conduct its transactions in derivative instruments may prevent prompt liquidation of positions, subjecting the relevant Sub-Fund to the potential of greater losses. e) Price Risk Valuations of a Sub-Fund's securities and other investments may involve uncertainties and judgmental determinations, and if such valuations shoul d prove to be incorrect, the Net Asset Value of the Sub-Fund could be adversely affected. All decisions on the valuation of assets and liabilities and determination of Net Asset Value shall be made by, or under, the overall direction of the Board. The AIFM has delegated the calculation of the Net Asset Value and the Net Asset Value per Share to the Administrative Agent, subject to oversight by the AIFM. Determinations of Net Asset Value will be conclusive and binding, and may affect the amount of the Management Fees. f) Counterparty risk Certain assets and hedging agreements involve the Board (on behalf of any Sub-Fund) entering into contracts with counterparties. Pursuant to such contracts, the counterparties will agree to make payments to the relevant Sub-Fund under certain circumstances as described therein. The Sub-Fund will be exposed to the credit risk of the relevant counterparty with respect to any such payments. The Board (on behalf of any Sub-Fund) may enter into such contracts with one or more counterparties. If the Board (on behalf of any Sub-Fund) enters into multiple agreements with only one counterparty, the relevant Sub-Fund will be subjected to an additional degree of risk with respect to defaults by or terminations with respect to such counterparty. g) Currency risk Different Classes of Shares may be denominated in different currencies and Shares will be issued and redeemed in those currencies. Certain of the asse ts of the Sub-Funds may, however, be invested in securities and other investments which are denominated in other currencies. Accordingly, the value of such assets may be affected favourably or unfavourably by fluctuations in currency rates. The Sub-Funds will be subject to foreign exchange risks. Th e AIFM may (at its discretion) engage in currency hedging on behalf of the Sub-Funds but there can be no guarantee that such a strategy (if implemented) will prevent losses. In addition, prospective Investors whose assets and liabilities are predominantly in other currencies should take into accoun t the potential risk of loss arising from fluctuations in value between the Euro and such other currencies.

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

INVESTMENT MANAGER’S REPORT (CONTINUED) As at 31 December 2025

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Currency Hedging The AIFM has the ability (but not the obligation) to hedge the Shares of such Classes in relation to the reference currency of the Sub-Funds or in relatio n to the currencies in which the underlying assets of the Sub-Funds are denominated. The AIFM may engage, for the exclusive account of such Share Class, in currency forward contracts in order to preserve the value of such Class currency against the reference currency of the Sub-Funds (or against the currencies in which the underlying assets of the Sub-Funds are denominated, where applicable). Where undertaken, the effects of this hedging will be reflected in the Net Asset Value per Share and, therefore, in the performance of the relevant currency Classes. As a result, currency hedging may impact on the Net Asset Value per Share of one Class as compared to the Net Asset Value per Share of a Class denominated in another currency. Any profit or loss resulting directly from the forward foreign exchange contracts used to create the hedge will be borne by the relevant Class in relation to which they have been incurred. h) Derivatives risk In a standard swap transaction, two parties agree to exchange the returns (or differentials in rates of return) earned or realised on particular predetermined investments or instruments. Swaps contracts can be individually traded and structured to include exposure to different types of investm ent or market factors. Depending on their structure, these swap operations can increase or decrease the exposure of the Sub-Fund to strategies, shares, short- or long-term interest rates, foreign currency values, borrowing rates or other factors. Swaps can be of different forms, and are known under different names; they can increase or decrease the overall volatility of the Sub-Fund, depending on how they are used. The main factor that determines the performance of a swap contract is the movement in the price of the underlying investment, specific interest rates, currencies and other factors us ed to calculate the payment due by and to the counterparty. If a swap contract requires payment by the Sub-Fund, the latter must at all times be able to honour said payment. Moreover, if the counterparty loses its creditworthiness, the value of the swap contract entered into with this counterparty ca n be expected to fall, entailing potential losses for the Sub-Fund. i) Securities Lending and repurchase transactions In relation to repurchase transactions, Investors must notably be aware that (A) in the event of the failure of the counterparty with which cash of a Sub-Fund has been placed there is the risk that collateral received may yield less than the cash placed out, whether because of inaccurate pricing of th e collateral, adverse market movements, a deterioration in the credit rating of issuers of the collateral, or the illiquidity of the market in which the collateral is traded; that (B) (i) locking cash in transactions of excessive size or duration, (ii) delays in recovering cash placed out, or (iii) difficulty in re alising collateral may restrict the ability of the Sub-Fund to meet redemption requests, security purchases or, more generally, reinvestment; and that (C) repurchase transactions will, as the case may be, further expose a Sub-Fund to risks similar to those associated with optional or forward derivati ve financial instruments, which risks are further described in other sections of this prospectus. In relation to securities lending transactions, Investors must notably be aware that (A) if the borrower of securities lent by a Sub-Fund fail to retur n these there is a risk that the collateral received may realise less than the value of the securities lent out, whether due to inaccurate pricing, adverse mark et movements, a deterioration in the credit rating of issuers of the collateral, or the illiquidity of the market in which the collateral is traded; that ( B) in case of reinvestment of cash collateral such reinvestment may (i) create leverage with corresponding risks and risk of losses and volatility, (ii) introd uce market exposures inconsistent with the objectives of the Sub-Fund, or (iii) yield a sum less than the amount of collateral to be returned; and that (C) delays in the return of securities on loans may restrict the ability of a Sub-Fund to meet delivery obligations under security sales. j) Securities borrowing A Sub-Fund may borrow securities as part of its investment strategy. In case of borrowing, a relevant Sub-Fund may have access to "hard-to-borrow" securities whose costs have to be borne by the Sub-Fund and which may have an impact on the performance of the Sub-Fund. k) Operational risk A Sub-Fund could suffer from losses through people, process and system failures. l) Interest rate risk When interest rates rise, bond values generally fall. This risk is generally greater the longer the maturity of a bond investment and the higher its cre dit quality. m) Credit risk If the financial health of the issuer of a bond or money market security weakens, the value of the bond or money market security may fall. In extreme cases, the issuer may delay scheduled payments to investors, or may become unable to make its payments at all, and the issuer’s bonds or money market securities may become worthless. Additional risk of unusual market conditions: Significant numbers of bond or money market security issuers could become unable to make payments to their investors. n) Sustainability risk Sustainability risk is any environmental social or governance event or condition that could impact the value of investments. The Investment Manager primarily relies on its in-house ESG analysis and climate risk indicators to categorise the potential level of Sustainability risks in each Sub-Fund . Fees Paid to the AIFM Total fees paid to the AIFM for the year are of EUR 1,095,797. Total management fees payable to the AIFM for the year ended 31 December 2025 were of EUR 156,355. AIFMD leverage As at 31 December 2025, the AIFMD leverage of the Fund calculated in accordance with the gross method was as follows:

Gross method Aviva Investors Global - Aviva France Global High Yield Fund 196.08% Aviva Investors Global - EUR ReturnPlus Fund 207.19%

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

INVESTMENT MANAGER’S REPORT (CONTINUED) As at 31 December 2025

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AIFMD leverage (continued)

Gross method Aviva Investors Global - GBP ReturnPlus Fund 192.67% Aviva Investors Global - Systematic Strategies Fund 660.74%

Staff Remuneration The Fund had no employees for the year ended 31 December 2025. Environmental, Social & Governance (ESG) Sub-Funds On EU Sustainable Finance Disclosure Regulation (SFDR), information about the environmental or social characteristics and sustainable investmen t objectives, as applicable, are available in the Environmental, Social & Governance (ESG) Sub-Funds (Unaudited) section of the annual report. Further information regarding how the Investment Manager integrates ESG into its investment approach, its proprietary ESG model and how it engages with companies for each Sub-Funds is available on the website http://www.avivainvestors.com . Matters Subsequent to the End of the Year There were no subsequent events after the year ended 31 December 2025 that require recognition or additional disclosure in the financial statements.

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

INVESTMENT MANAGER’S REPORT (CONTINUED) As at 31 December 2025

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REGISTERED OFFICE 2, rue du Fort Bourbon L-1249 Luxembourg Grand Duchy of Luxembourg BOARD OF DIRECTORS

DIRECTORS Denise Voss Independent Director 11, rue Gabriel Lippmann L-4119 Esch-sur-Alzette Grand Duchy of Luxembourg Jacques Elvinger (until 25 March 2026) Partner Elvinger Hoss Prussen Société anonyme 2, Place Winston Churchill L-1340 Luxembourg Grand Duchy of Luxembourg Paula Concordea Head of Legal Aviva Investors Luxembourg 2, rue du Fort Bourbon, L-1249 Luxembourg, Grand Duchy of Luxembourg Penny Collins Moffat (until 31 August 2025) Global Head of Client Relationship Aviva Investors Global Services Limited St Helen's, 1 Undershaft, London, EC3P 3DQ , United Kingdom Celeste Dias Brennan (from 16 December 2025) Global Head of Product and distribution Aviva Investors Global Services Limited St Helen's, 1 Undershaft, London, EC3P 3DQ , United Kingdom Gast Juncker (from 25 March 2026) Partner Elvinger Hoss Prussen Société anonyme 2, Place Winston Churchill L-1340 Luxembourg Grand Duchy of Luxembourg ALTERNATIVE INVESTMENT FUND MANAGER Aviva Investors Luxembourg S.A. 2, Rue du Fort Bourbon L-1249 Luxembourg Luxembourg Grand Duchy of Luxembourg INVESTMENT MANAGER(*) Aviva Investors Global Services Limited (AIGSL) St Helens, 1 Undershaft London EC3P 3DQ United Kingdom

REGISTRAR AND TRANSFER AGENT(*) The Bank of New York Mellon SA/NV, Luxembourg Branch 2-4 rue Eugéne Ruppert L-2453 Luxembourg Grand Duchy of Luxembourg ADMINISTRATOR(*) The Bank of New York Mellon SA/NV, Luxembourg Branch 2-4 rue Eugéne Ruppert L-2453 Luxembourg Grand Duchy of Luxembourg DEPOSITARY The Bank of New York Mellon SA/NV, Luxembourg Branch 2-4 rue Eugéne Ruppert L-2453 Luxembourg Grand Duchy of Luxembourg AUDITOR Ernst & Young S.A. 35E, avenue John F. Kennedy L-1855 Luxembourg Grand Duchy of Luxembourg LEGAL ADVISER Elvinger Hoss Prussen Société anonyme 2, Place Winston Churchill L-1340 Luxembourg Grand Duchy of Luxembourg

(*) Subject to the responsibility and oversight of Aviva Investors Luxembourg S.A.

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

MANAGEMENT AND ADMINISTRATION

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Ernst & Young Societe anonyme EY 35E, Avenue John r. Kennedy L-1855 Luxembourg Tel: +352 421241 www.ey.com/en_lu

B.P.780 L-2017 Luxembourg R.C.S. Luxembourg B47771 TVA LU 16063074 Shape the future with confidence Autorisations d'etablissement : 00117514/13,00117514/14,00117514/15,00117514/17,00117514/18,00117514/19

Independent auditor's report

To the Shareholders of Aviva Investors Global 2 rue du Fort Bourbon L-1249 Luxembourg Grand Duchy of Luxembourg

Opinion

We have audited the financial statements of Aviva Investors Global and of each of its sub-funds (the "Fund"), which comprise the combined statement of net assets and the portfolio of investments and other net assets as at 31 December 2025, and the combined statement of operations and changes in net assets for the year then ended, and the notes to the financial statements, including a summary of significant accounting policies.

In our opinion, the accompanying financial statements give a true and fair view of the financial position of the Fund and each of its sub-funds as at 31 December 2025, and of the results of their operations and changes in their net assets for the year then ended in accordance with Luxembourg legal and regulatory requirements relating to the preparation and presentation of the financial statements.

Basis for Opinion

We conducted our audit in accordance with the Law of 23 July 2016 on the audit profession (the "Law of 23 July 2016") and with International Standards on Auditing ("ISAs") as adopted for Luxembourg by the "Commission de Surveillance du Secteur Financier" ("CSSF"). Our responsibilities under the Law of 23 July 2016 and ISAs as adopted for Luxembourg by the CSSF are further described in the "responsibilities of the "reviseur d'entreprises agree" for the audit of the financial statements" section of our report. We are also independent of the Fund in accordance with the International Code of Ethics for Professional Accountants, including International Independence Standards, issued by the International Ethics Standards Board for Accountants ("IESBA Code") as adopted for Luxembourg by the CSSF together with the ethical requirements that are relevant to our audit of the financial statements, and have fulfilled our other ethical responsibilities under those ethical requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Other information

The Board of Directors of the Fund is responsible for the other information. The other information comprises the Notes on the portfolio of investments disclosure, the Statistical information, and the Other information included in the annual report but does not include the financial statements and our report of the "reviseur d'entreprises agree" thereon.

Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon.

A membtr firm of Ernst & YounQ Global Limited

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Shape the future with confidence

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report this fact. We have nothing to report in this regard.

Responsibilities of the Board of Directors of the Fund for the financial statements

The Board of Directors of the Fund is responsible for the preparation and fair presentation of these financial statements in accordance with Luxembourg legal and regulatory requirements relating to the preparation and presentation of the financial statements, and for such internal control as the Board of Directors of the Fund determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Board of Directors of the Fund is responsible for assessing the Fund's and each of its sub-funds' ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Board of Directors of the Fund either intends to liquidate the Fund or any of its sub-funds or to cease operations, or has no realistic alternative but to do so.

Responsibilities of the "reviseur d'entreprises agree" for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a report of the "reviseur d'entreprises agree" that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with the Law of 23 July 2016 and with ISAs as adopted for Luxembourg by the CSSF will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

As part of an audit in accordance with the Law of 23 July 2016 and with ISAs as adopted for Luxembourg by the CSSF, we exercise professional judgment and maintain professional skepticism throughout the audit. We also:

• Identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

• Obtain an understanding of internal control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control.

• Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the Board of Directors of the Fund.

A m~mber firm of Ernst & Younl;J Gklbat Limited

Page 12

Shape the future with confidence

• Conclude on the appropriateness of the Board of Directors of the Fund's use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the Fund's or any of its sub-funds' ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our report of the "reviseur d'entreprises agree" to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our report of the "reviseur d'entreprises agree". However, future events or conditions may cause the Fund or any of its sub-funds to cease to continue as a going concern.

• Evaluate the overall presentation, structure and content of the financial statements, including the disclosures, and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation.

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Ernst & Young Societe anonyme Cabinet de revision agree

Luxembourg, 29 April 2026

A member firm of Ernst & YounQ Global Limited

Page 13

Please note that the Portfolio of Investments and Other Net Assets has been prepared based on the country of incorporation of each position. To ensure consistency within this report, the same approach has been applied to all categories of investments. A disclosure based on country of risk could lead t o a different geographical classification. Please also note that the geographical allocation of the portfolios excludes derivatives exposure.

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

NOTES ON THE PORTFOLIO OF INVESTMENTS DISCLOSURE:

avivainvestors.com | Annual report and audited financial statements 13

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Investments Currency Quantity/ Nominal Value Market Value EUR

% of Net Assets Transferable securities and money market instruments admitted to an official exchange listing Bonds Austria Benteler International AG, Reg. S 7.25% 15/06/2031 EUR 480,000 516,686 0.50 Sappi Papier Holding GmbH, Reg. S 4.5% 15/03/2032 EUR 500,000 486,674 0.47 1,003,360 0.97 Belgium Ontex Group NV, Reg. S 5.25% 15/04/2030 EUR 186,000 185,005 0.18 185,005 0.18 France Alstom SA, Reg. S, FRN 5.868% Perpetual EUR 1,100,000 1,167,104 1.13 Fnac Darty SA, Reg. S 4.75% 01/04/2032 EUR 300,000 309,204 0.30 Forvia SE, Reg. S 5.5% 15/06/2031 EUR 509,000 528,787 0.51 Forvia SE, Reg. S 5.625% 15/06/2030 EUR 1,590,000 1,662,409 1.61 Nexans SA, Reg. S 4.125% 29/05/2029 EUR 400,000 410,814 0.40 Rexel SA, Reg. S 4% 15/09/2030 EUR 1,221,000 1,240,270 1.20 Societe Generale SA, Reg. S, FRN 3.75% 17/05/2035 EUR 400,000 400,678 0.39 Valeo SE, Reg. S 5.125% 20/05/2031 EUR 1,000,000 1,032,112 1.00 6,751,378 6.54 Germany Deutsche Bank AG, Reg. S, FRN 4.5% Perpetual EUR 800,000 798,722 0.77 Deutsche Bank AG, Reg. S, FRN 10% Perpetual EUR 200,000 219,641 0.21 1,018,363 0.98 Gibraltar 888 Acquisitions Ltd., Reg. S 10.75% 15/05/2030 GBP 250,000 241,808 0.23 888 Acquisitions Ltd., Reg. S 8% 30/09/2031 EUR 300,000 241,612 0.23 483,420 0.46 Ireland Perrigo Finance Unlimited Co. 5.375% 30/09/2032 EUR 228,000 232,588 0.23 232,588 0.23 Isle of Man Entain plc, Reg. S 4.875% 30/11/2031 EUR 1,300,000 1,311,904 1.27 1,311,904 1.27 Italy Banco BPM SpA, Reg. S, FRN 5% 18/06/2034 EUR 500,000 521,736 0.50 Banco BPM SpA, Reg. S, FRN 7.25% Perpetual EUR 1,010,000 1,094,779 1.06 BPER Banca SpA, Reg. S, FRN 3.875% 25/07/2032 EUR 200,000 201,904 0.20 Intesa Sanpaolo Assicurazioni SpA, Reg. S 4.217% 05/03/2035 EUR 239,000 239,996 0.23 Lottomatica Group SpA, Reg. S 5.375% 01/06/2030 EUR 316,000 327,547 0.32 Lottomatica Group SpA, Reg. S 4.875% 31/01/2031 EUR 503,000 519,529 0.50

Investments Currency Quantity/ Nominal Value Market Value EUR

% of Net Assets Lottomatica Group SpA, Reg. S, FRN 5.311% 01/06/2031 EUR 276,000 278,451 0.27 Mundys SpA, Reg. S 4.75% 24/01/2029 EUR 220,000 230,014 0.22 Mundys SpA, Reg. S 4.5% 24/01/2030 EUR 400,000 418,081 0.40 UniCredit SpA, Reg. S, FRN 5.375% 16/04/2034 EUR 300,000 317,144 0.31 UniCredit SpA, Reg. S, FRN 6.5% Perpetual EUR 731,000 781,112 0.76 Webuild SpA, Reg. S 5.375% 20/06/2029 EUR 453,000 480,606 0.47 Webuild SpA, Reg. S 4.125% 03/07/2031 EUR 1,210,000 1,231,596 1.19 6,642,495 6.43 Japan Rakuten Group, Inc., Reg. S, FRN 4.25% Perpetual EUR 500,000 485,247 0.47 SoftBank Group Corp., Reg. S 5% 15/04/2028 EUR 400,000 407,456 0.39 SoftBank Group Corp., Reg. S 5.25% 10/10/2029 EUR 927,000 942,934 0.91 SoftBank Group Corp., Reg. S 6.5% 10/04/2029 USD 400,000 342,423 0.33 2,178,060 2.10 Luxembourg Aramark International Finance SARL, Reg. S 4.375% 15/04/2033 EUR 500,000 501,160 0.48 CPI Property Group SA, Reg. S, FRN 4.875% Perpetual EUR 700,000 668,254 0.65 CPI Property Group SA, Reg. S, FRN 7.5% Perpetual EUR 309,000 287,018 0.28 CPI Property Group SA, STEP, Reg. S 4% 22/01/2028 GBP 217,000 237,616 0.23 1,694,048 1.64 Netherlands ABN AMRO Bank NV, Reg. S, FRN 4.75% Perpetual EUR 500,000 504,954 0.49 Dufry One BV, Reg. S 4.5% 23/05/2032 EUR 542,000 555,457 0.54 OI European Group BV, Reg. S 5.25% 01/06/2029 EUR 274,000 283,857 0.27 Telefonica Europe BV, Reg. S, FRN 2.376% Perpetual EUR 1,900,000 1,809,808 1.75 Telefonica Europe BV, Reg. S, FRN 5.752% Perpetual EUR 600,000 636,323 0.62 3,790,399 3.67 Spain Banco Bilbao Vizcaya Argentaria SA, FRN 7.75% Perpetual USD 1,000,000 914,410 0.88 Banco de Sabadell SA, Reg. S, FRN 5% Perpetual EUR 600,000 607,421 0.59 Banco de Sabadell SA, Reg. S, FRN 5.125% 27/06/2034 EUR 500,000 525,795 0.51 CaixaBank SA, Reg. S, FRN 7.5% Perpetual EUR 600,000 664,667 0.64 Grifols SA, Reg. S 7.5% 01/05/2030 EUR 1,200,000 1,263,776 1.22 3,976,069 3.84

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - AVIVA FRANCE GLOBAL HIGH YIELD FUND Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 14

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Investments Currency Quantity/ Nominal Value Market Value EUR

% of Net Assets Sweden Castellum AB, Reg. S, FRN 3.125% Perpetual EUR 900,000 886,202 0.86 Dometic Group AB, Reg. S 2% 29/09/2028 EUR 400,000 387,100 0.37 1,273,302 1.23 To Review Allied Universal Holdco LLC, Reg. S 4.875% 01/06/2028 GBP 850,000 952,219 0.92 Ardagh Metal Packaging Finance USA LLC, Reg. S 5% 30/01/2031 EUR 818,000 827,766 0.80 1,779,985 1.72 United Kingdom Barclays plc, FRN 8.5% Perpetual GBP 500,000 615,837 0.60 British Telecommunications plc, Reg. S, FRN 6.375% 03/12/2055 GBP 1,200,000 1,407,596 1.36 Carnival plc, Reg. S 4.125% 15/07/2031 EUR 621,000 629,805 0.61 Co-operative Group Holdings 2011 Ltd., STEP, Reg. S 7.5% 08/07/2026 GBP 500,000 581,110 0.56 Investec plc, Reg. S, FRN 10.5% Perpetual GBP 462,000 592,449 0.57 Kier Group plc, Reg. S 9% 15/02/2029 GBP 600,000 723,648 0.70 Market Bidco Finco plc, Reg. S 8.75% 31/01/2031 GBP 1,021,000 1,154,894 1.12 Nomad Foods Bondco plc, Reg. S 2.5% 24/06/2028 EUR 200,000 196,213 0.19 Ocado Group plc, Reg. S 10.5% 08/08/2029 GBP 500,000 577,296 0.56 PEU Fin plc, Reg. S 7.25% 01/07/2028 EUR 1 1 Premier Foods Finance plc, Reg. S 3.5% 15/10/2026 GBP 1,500,000 1,702,876 1.65 Standard Chartered plc, Reg. S, FRN 4.3% Perpetual USD 1,400,000 1,147,490 1.11 TalkTalk Telecom Group Ltd., Reg. S 8.25% 29/02/2028 GBP 829,995 610,735 0.59 9,939,950 9.62 United States of America American Axle & Manufacturing, Inc. 5% 01/10/2029 USD 470,000 385,765 0.37 Ford Motor Credit Co. LLC 3.625% 17/06/2031 USD 400,000 312,187 0.30 Ford Motor Credit Co. LLC 6.184% 29/08/2031 GBP 400,000 466,341 0.45 Iron Mountain, Inc., Reg. S 4.75% 15/01/2034 EUR 1,173,000 1,143,542 1.11 Levi Strauss & Co., Reg. S 4% 15/08/2030 EUR 250,000 254,195 0.25 MGM Resorts International 6.125% 15/09/2029 USD 740,000 647,863 0.63 Oceaneering International, Inc. 6% 01/02/2028 USD 450,000 388,927 0.38 OneMain Finance Corp. 7.875% 15/03/2030 USD 345,000 310,785 0.30 OneMain Finance Corp. 7.125% 15/11/2031 USD 395,000 351,320 0.34 OneMain Finance Corp. 6.125% 15/05/2030 USD 950,000 826,630 0.80

Investments Currency Quantity/ Nominal Value Market Value EUR

% of Net Assets Resorts World Las Vegas LLC, Reg. S 4.625% 16/04/2029 USD 1,000,000 759,536 0.74 Silgan Holdings, Inc., Reg. S 4.25% 15/02/2031 EUR 1,304,000 1,323,564 1.28 Warnermedia Holdings, Inc. 4.693% 17/05/2033 EUR 500,000 470,443 0.46 7,641,098 7.41 Total Bonds 49,901,424 48.29 Total Transferable securities and money market instruments admitted to an official exchange listing 49,901,424 48.29 Transferable securities and money market instruments dealt in on another regulated market Bonds Bermuda NCL Corp. Ltd., 144A 6.25% 01/03/2030 USD 810,000 700,788 0.68 700,788 0.68 Canada goeasy Ltd., 144A 7.625% 01/07/2029 USD 985,000 830,022 0.80 830,022 0.80 Cayman Islands Melco Resorts Finance Ltd., Reg. S 7.625% 17/04/2032 USD 700,000 627,496 0.61 Wynn Macau Ltd., Reg. S 5.125% 15/12/2029 USD 700,000 590,877 0.57 1,218,373 1.18 Finland Nordea Bank Abp, Reg. S, FRN 6.3% Perpetual USD 700,000 611,185 0.59 611,185 0.59 France Societe Generale SA, Reg. S, FRN 8.125% Perpetual USD 273,000 245,732 0.24 Viridien, 144A 10% 15/10/2030 USD 800,000 718,768 0.70 964,500 0.94 Germany Allianz SE, Reg. S, FRN 3.2% Perpetual USD 800,000 644,793 0.62 IHO Verwaltungs GmbH, 144A 6.375% 15/05/2029 USD 700,000 603,413 0.58 1,248,206 1.20 Japan Rakuten Group, Inc., 144A 9.75% 15/04/2029 USD 800,000 762,475 0.74 762,475 0.74 Luxembourg Aroundtown Finance SARL, FRN 7.875% Perpetual USD 393,000 337,234 0.33 Telecom Italia Capital SA 6.375% 15/11/2033 USD 722,000 647,275 0.63 Telecom Italia Capital SA 7.721% 04/06/2038 USD 600,000 566,758 0.55 1,551,267 1.51 Netherlands OI European Group BV, 144A 4.75% 15/02/2030 USD 1,150,000 948,379 0.92 VZ Secured Financing BV, 144A 5% 15/01/2032 USD 2,300,000 1,773,755 1.72 2,722,134 2.64 Panama Carnival Corp., 144A 5.875% 15/06/2031 USD 1,300,000 1,144,164 1.11 1,144,164 1.11

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - AVIVA FRANCE GLOBAL HIGH YIELD FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 15

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Investments Currency Quantity/ Nominal Value Market Value EUR

% of Net Assets United Kingdom Brightstar Lottery plc, 144A 5.25% 15/01/2029 USD 1,280,000 1,091,233 1.06 Vodafone Group plc, FRN 4.125% 04/06/2081 USD 1,915,000 1,526,623 1.48 2,617,856 2.54 United States of America Albertsons Cos. Inc, 144A 3.5% 15/03/2029 USD 320,000 262,029 0.25 Albertsons Cos. Inc, 144A 6.25% 15/03/2033 USD 1,570,000 1,375,745 1.33 Albertsons Cos. Inc, 144A 5.5% 31/03/2031 USD 58,000 49,967 0.05 American Axle & Manufacturing, Inc., 144A 7.75% 15/10/2033 USD 390,000 338,426 0.33 Atkore, Inc., 144A 4.25% 01/06/2031 USD 495,000 404,850 0.39 Avient Corp., 144A 6.25% 01/11/2031 USD 340,000 297,738 0.29 B&G Foods, Inc., 144A 8% 15/09/2028 USD 425,000 356,487 0.35 Burford Capital Global Finance LLC, 144A 6.25% 15/04/2028 USD 670,000 567,821 0.55 Burford Capital Global Finance LLC, 144A 6.875% 15/04/2030 USD 300,000 250,096 0.24 Burford Capital Global Finance LLC, 144A 9.25% 01/07/2031 USD 700,000 614,415 0.59 CCO Holdings LLC, 144A 4.75% 01/03/2030 USD 1,485,000 1,208,368 1.17 CCO Holdings LLC, 144A 4.25% 15/01/2034 USD 2,495,000 1,808,340 1.75 Central Parent Inc, 144A 7.25% 15/06/2029 USD 590,000 426,429 0.41 Clear Channel Outdoor Holdings, Inc., 144A 7.875% 01/04/2030 USD 795,000 715,766 0.69 Clear Channel Outdoor Holdings, Inc., 144A 7.125% 15/02/2031 USD 378,000 338,167 0.33 CSC Holdings LLC, 144A 4.125% 01/12/2030 USD 200,000 104,575 0.10 CSC Holdings LLC, 144A 3.375% 15/02/2031 USD 1,300,000 671,217 0.65 CSC Holdings LLC, 144A 4.5% 15/11/2031 USD 735,000 383,218 0.37 CVS Health Corp., FRN 7% 10/03/2055 USD 800,000 715,023 0.69 Dream Finders Homes, Inc., 144A 6.875% 15/09/2030 USD 800,000 685,475 0.66 Edgewell Personal Care Co., 144A 5.5% 01/06/2028 USD 555,000 473,980 0.46 FTAI Aviation Investors LLC, 144A 7% 15/06/2032 USD 555,000 497,146 0.48 HAT Holdings I LLC, 144A 3.375% 15/06/2026 USD 107,000 90,545 0.09 HAT Holdings I LLC, 144A 8% 15/06/2027 USD 192,000 169,785 0.16 HLF Financing SARL LLC, 144A 4.875% 01/06/2029 USD 1,300,000 1,041,061 1.01 Iron Mountain Information Management Services, Inc., 144A 5% 15/07/2032 USD 665,000 540,890 0.52

Investments Currency Quantity/ Nominal Value Market Value EUR

% of Net Assets Iron Mountain, Inc., 144A 6.25% 15/01/2033 USD 184,000 158,082 0.15 KBR, Inc., 144A 4.75% 30/09/2028 USD 525,000 440,458 0.43 Marriott Ownership Resorts, Inc., 144A 4.5% 15/06/2029 USD 495,000 402,998 0.39 Match Group Holdings II LLC, 144A 4.125% 01/08/2030 USD 710,000 574,587 0.56 McAfee Corp., 144A 7.375% 15/02/2030 USD 985,000 732,296 0.71 NCR Voyix Corp., 144A 5% 01/10/2028 USD 485,000 411,759 0.40 Newell Brands, Inc. 6.375% 15/05/2030 USD 1,000,000 832,621 0.81 Nissan Motor Acceptance Co. LLC, 144A 5.625% 29/09/2028 USD 726,000 620,290 0.60 Open Text Holdings, Inc., 144A 4.125% 15/02/2030 USD 610,000 496,791 0.48 Organon & Co, 144A 5.125% 30/04/2031 USD 2,000,000 1,411,614 1.37 Owens-Brockway Glass Container, Inc., 144A 7.25% 15/05/2031 USD 370,000 321,980 0.31 ROBLOX Corp., 144A 3.875% 01/05/2030 USD 985,000 803,131 0.78 Rocket Cos., Inc., 144A 6.5% 01/08/2029 USD 345,000 303,342 0.29 SeaWorld Parks & Entertainment, Inc., 144A 5.25% 15/08/2029 USD 440,000 365,191 0.35 Sinclair Television Group, Inc., 144A 5.5% 01/03/2030 USD 204,000 157,927 0.15 Sinclair Television Group, Inc., 144A 4.375% 31/12/2032 USD 990,000 666,856 0.65 Sirius XM Radio LLC, 144A 4.125% 01/07/2030 USD 1,025,000 830,628 0.80 Sirius XM Radio LLC, 144A 4% 15/07/2028 USD 1,000,000 833,434 0.81 Snap, Inc., 144A 6.875% 01/03/2033 USD 345,000 304,634 0.29 StoneX Group, Inc., 144A 7.875% 01/03/2031 USD 555,000 503,892 0.49 Sunoco LP, Reg. S 6.625% 15/08/2032 USD 690,000 604,204 0.58 Tenet Healthcare Corp., 144A 5.5% 15/11/2032 USD 1,800,000 1,554,635 1.50 TransDigm, Inc., 144A 6% 15/01/2033 USD 575,000 501,478 0.49 Uniti Group LP, 144A 6.5% 15/02/2029 USD 795,000 650,761 0.63 Venture Global LNG, Inc., 144A 9.875% 01/02/2032 USD 1,000,000 880,154 0.85 Warnermedia Holdings, Inc. 5.05% 15/03/2042 USD 600,000 360,807 0.35

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - AVIVA FRANCE GLOBAL HIGH YIELD FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 16

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 17

Investments Currency Quantity/ Nominal Value Market Value EUR

% of Net Assets Windstream Services LLC, 144A 8.25% 01/10/2031 USD 1,113,000 995,734 0.96 XPLR Infrastructure Operating Partners LP, 144A 7.25% 15/01/2029 USD 585,000 510,628 0.49 31,618,471 30.58 Total Bonds 45,989,441 44.51 Total Transferable securities and money market instruments dealt in on another regulated market 45,989,441 44.51 Total investments 95,890,865 92.80 Cash/(bank overdraft) 5,294,616 5.12 Other assets/(liabilities) 2,149,412 2.08 Total net assets 103,334,893 100.00

Forward Currency Exchange Contracts

Currency Purchased Amount Purchased Currency Sold Amount Sold Maturity Date Counterparty

Unrealised Gain/ (Loss) EUR % of Net Assets EUR 62,040,594 USD 71,563,000 21/01/2026 Citigroup 1,167,925 1.13 EUR 1,722,600 USD 2,000,000 21/01/2026 J.P. Morgan 21,367 0.02 EUR 664,895 USD 777,279 21/01/2026 Standard Chartered Bank 3,729 GBP 1,000,000 EUR 1,129,824 21/01/2026 Morgan Stanley 14,269 0.02 Total Unrealised Gain on Forward Currency Exchange Contracts - Assets 1,207,290 1.17 EUR 12,438,348 GBP 11,015,000 21/01/2026 Citigroup (163,833) (0.16) USD 9,000,000 EUR 7,709,519 21/01/2026 J.P. Morgan (53,971) (0.05) Total Unrealised Loss on Forward Currency Exchange Contracts - Liabilities (217,804) (0.21) Net Unrealised Gain on Forward Currency Exchange Contracts - Assets 989,486 0.96

Financial Futures Contracts

Security Description Number of Contracts Currency

Unrealised Gain/(Loss) EUR % of Net Assets Euro-Bobl, 06/03/2026 (25) EUR 12,750 0.01 Total Unrealised Gain on Financial Futures Contracts - Assets 12,750 0.01 US 5 Year Note, 31/03/2026 19 USD (5,528) Total Unrealised Loss on Financial Futures Contracts - Liabilities (5,528) Net Unrealised Gain on Financial Futures Contracts - Assets 7,222 0.01

Option Purchased Contracts

Quantity Security Description Currency Counterparty Market Value EUR % of Net Assets

5,000,000

ITRAXX.EUROPE.CROSSOVER.44.V1, Put, 325.000, 18/03/2026, pays 5.0% Fixed EUR Goldman Sachs 14,589 0.01 Total Market Value on Option Purchased Contracts - Assets 14,589 0.01

Option Written Contracts

Quantity Security Description Currency Counterparty Market Value EUR % of Net Assets (5,000,000) ITRAXX.EUROPE.MAIN.44.V1, Put, 500.000, 18/03/2026 EUR Goldman Sachs (5,255) Total Market Value on Option Written Contracts - Liabilities (5,255) -

Credit Default Swap Contracts

Nominal Amount Currency Counterparty Reference Entity Buy/Sell

Interest (Paid)/ Received Rate Maturity Date Market Value EUR % of Net Assets (4,000,000) EUR Morgan Stanley ITRAXX.EUROPE.CROSSOVER.44.V1 Buy 5.000% 20/12/2030 (442,745) (0.43) Total Market Value on Credit Default Swap Contracts - Liabilities (442,745) (0.43)

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - AVIVA FRANCE GLOBAL HIGH YIELD FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 17

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Investments Currency Quantity/ Nominal Value Market Value EUR

% of Net Assets Transferable securities and money market instruments admitted to an official exchange listing Bonds Australia Bank of Queensland Ltd., Reg. S, FRN 4.845% 09/05/2028 AUD 28,500,000 16,382,408 2.35 Canadian Imperial Bank of Commerce, Reg. S, FRN 4.418% 20/12/2027 AUD 10,000,000 5,699,496 0.82 Canadian Imperial Bank of Commerce, Reg. S, FRN 4.164% 24/07/2028 AUD 12,590,000 7,160,868 1.03 ING Bank Australia Ltd., Reg. S, FRN 4.433% 15/08/2030 AUD 11,920,000 6,797,184 0.97 NBN Co. Ltd., Reg. S 4.2% 14/04/2027 AUD 18,580,000 10,524,045 1.51 NBN Co. Ltd., Reg. S, FRN 4.533% 28/08/2027 AUD 4,000,000 2,282,524 0.33 Norfina Ltd., FRN 4.625% 12/07/2028 AUD 23,500,000 13,492,824 1.93 Westpac Banking Corp., Reg. S, FRN 4.69% 11/01/2028 GBP 5,000,000 5,761,861 0.83 68,101,210 9.77 Canada Federation des Caisses Desjardins du Quebec, FRN 4.337% 02/12/2027 AUD 13,500,000 7,686,425 1.10 Federation des Caisses Desjardins du Quebec, Reg. S 2.683% 29/05/2030 EUR 10,000,000 9,943,585 1.42 National Bank of Canada, Reg. S 2.75% 18/10/2028 EUR 12,500,000 12,564,254 1.80 Royal Bank of Canada, Reg. S, FRN 4.681% 18/01/2028 GBP 5,000,000 5,764,058 0.83 Toronto-Dominion Bank (The), FRN 4.413% 16/03/2026 AUD 3,411,000 1,938,379 0.28 37,896,701 5.43 Cayman Islands Gaci First Investment Co., Reg. S 5.125% 11/06/2029 GBP 4,286,000 5,005,231 0.72 QNB Finance Ltd., Reg. S 1.375% 26/01/2026 USD 10,000,000 8,498,335 1.22 13,503,566 1.94 Denmark Nykredit Realkredit A/S, Reg. S 1% 01/01/2029 DKK 210,000,000 27,045,938 3.88 Realkredit Danmark A/S, Reg. S 1% 01/01/2029 DKK 210,000,000 27,045,938 3.88 54,091,876 7.76 France Agence Francaise de Developpement EPIC, Reg. S 4.5% 22/10/2028 GBP 9,000,000 10,394,214 1.49 Agence France Locale, Reg. S 4.375% 20/01/2029 GBP 8,000,000 9,189,271 1.32 Caisse des Depots et Consignations, Reg. S 0.993% 23/09/2030 CHF 13,400,000 14,452,347 2.07 Dexia SA, Reg. S 4.625% 22/10/2028 GBP 10,000,000 11,589,351 1.66 French Republic Government Bond OAT, Reg. S, 144A 2.75% 25/02/2029 EUR 8,500,000 8,563,770 1.23

Investments Currency Quantity/ Nominal Value Market Value EUR

% of Net Assets French Republic Government Bond OAT, Reg. S, 144A 2.75% 25/02/2030 EUR 24,600,000 24,666,949 3.54 SNCF Reseau, Reg. S 2.625% 10/03/2031 CHF 15,000,000 17,470,727 2.50 96,326,629 13.81 Japan Japan Government Five Year Bond 0.9% 20/12/2029 JPY 2,650,000,000 14,095,850 2.02 Japan Government Five Year Bond 1% 20/03/2030 JPY 1,700,000,000 9,056,842 1.30 Japan Government Five Year Bond 1% 20/06/2030 JPY 1,700,000,000 9,033,478 1.29 Sumitomo Mitsui Trust Bank Ltd., Reg. S 0.277% 25/10/2028 EUR 9,610,000 8,976,323 1.29 Sumitomo Mitsui Trust Bank Ltd., Reg. S 4.086% 19/04/2028 EUR 8,500,000 8,768,288 1.26 Tokyo Metropolitan Government, Reg. S 2.625% 24/10/2029 EUR 10,500,000 10,426,825 1.49 Tokyo Metropolitan Government, Reg. S 2.625% 28/10/2030 EUR 2,300,000 2,273,849 0.33 62,631,455 8.98 New Zealand ASB Bank Ltd., Reg. S 2.971% 27/03/2030 EUR 4,600,000 4,630,336 0.66 Auckland Council 4.6% 28/06/2030 AUD 7,000,000 3,915,124 0.56 Bank of New Zealand, Reg. S 3.708% 20/12/2028 EUR 2,500,000 2,582,562 0.37 New Zealand Local Government Funding Agency Bond, Reg. S 2.875% 01/04/2030 EUR 3,857,000 3,886,283 0.56 Westpac Securities NZ Ltd., Reg. S 3.75% 20/04/2028 EUR 1,108,000 1,139,178 0.16 16,153,483 2.31 Poland Republic of Poland Government International Bond, Reg. S 1.29% 26/11/2027 JPY 1,700,000,000 9,159,852 1.31 9,159,852 1.31 Saudi Arabia Saudi Government International Bond, Reg. S 5.125% 13/01/2028 USD 4,286,000 3,730,357 0.53 3,730,357 0.53 Singapore DBS Bank Ltd., Reg. S 2.429% 03/01/2029 EUR 15,400,000 15,332,227 2.20 DBS Bank Ltd., Reg. S, FRN 4.453% 16/08/2027 AUD 20,000,000 11,417,049 1.64 Maybank Singapore Ltd., Reg. S 2.504% 02/10/2028 EUR 4,225,000 4,217,465 0.60 Standard Chartered Bank Singapore Ltd., Reg. S 2.595% 02/10/2028 EUR 20,000,000 20,024,561 2.87 United Overseas Bank Ltd., Reg. S 2.718% 01/12/2030 EUR 14,500,000 14,408,915 2.06 65,400,217 9.37

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - EUR RETURNPLUS FUND Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 18

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

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Investments Currency Quantity/ Nominal Value Market Value EUR

% of Net Assets Slovenia Slovenia Government International Bond, Reg. S 0.75% 03/09/2027 JPY 1,100,000,000 5,926,909 0.85 5,926,909 0.85 South Korea Export-Import Bank of Korea, FRN 4.51% 27/03/2030 AUD 8,000,000 4,549,649 0.65 KEB Hana Bank, Reg. S 2.875% 23/01/2028 EUR 6,667,000 6,715,343 0.96 Kookmin Bank, Reg. S 2.75% 21/01/2028 EUR 2,500,000 2,513,059 0.36 Kookmin Bank, Reg. S 2.625% 29/09/2029 EUR 5,488,000 5,465,745 0.78 Korea Development Bank (The), Reg. S, FRN 4.445% 05/06/2028 AUD 17,970,000 10,239,342 1.47 Korea Housing Finance Corp., Reg. S 4.082% 25/09/2027 EUR 20,000,000 20,564,408 2.95 Korea Housing Finance Corp., Reg. S 4.125% 12/03/2028 USD 15,000,000 12,836,119 1.84 Korea Mine Rehabilitation & Mineral Resources Corp., Reg. S 1.75% 15/04/2026 USD 2,386,000 2,017,537 0.29 64,901,202 9.30 Supranational Arab Energy Fund (The), Reg. S 1.26% 10/02/2026 USD 3,136,000 2,660,447 0.38 Corp. Andina de Fomento, Reg. S 3.625% 13/02/2030 EUR 19,300,000 19,820,610 2.84 Corp. Andina de Fomento, Reg. S 4.875% 30/01/2030 GBP 7,600,000 8,847,108 1.27 31,328,165 4.49 Sweden Skandinaviska Enskilda Banken AB, Reg. S 3% 06/12/2029 SEK 220,000,000 20,568,853 2.95 Swedbank Hypotek AB, Reg. S 3% 28/03/2029 SEK 220,000,000 20,598,344 2.95 41,167,197 5.90 United Arab Emirates Emirates Development Bank PJSC, Reg. S 1.639% 15/06/2026 USD 1,290,000 1,084,633 0.16 First Abu Dhabi Bank PJSC, Reg. S 0.125% 16/02/2026 EUR 1,200,000 1,196,036 0.17 First Abu Dhabi Bank PJSC, Reg. S 4.375% 24/04/2028 USD 6,900,000 5,920,123 0.85 First Abu Dhabi Bank PJSC, Reg. S 4.774% 06/06/2028 USD 2,684,000 2,324,074 0.33 First Abu Dhabi Bank PJSC, Reg. S 5% 28/02/2029 USD 13,107,000 11,473,832 1.64 21,998,698 3.15 United Kingdom Clydesdale Bank plc, Reg. S 3.75% 22/08/2028 EUR 6,226,000 6,395,032 0.92 HSBC UK Bank plc, Reg. S 2.625% 25/05/2030 EUR 8,000,000 7,932,739 1.14 TSB Bank plc, Reg. S 3.319% 05/03/2029 EUR 9,000,000 9,175,638 1.31 23,503,409 3.37 Total Bonds 615,820,926 88.27 Total Transferable securities and money market instruments admitted to an official exchange listing 615,820,926 88.27

Investments Currency Quantity/ Nominal Value Market Value EUR

% of Net Assets Transferable securities and money market instruments dealt in on another regulated market Bonds Australia NBN Co. Ltd., Reg. S 4% 01/10/2027 USD 6,000,000 5,101,138 0.73 NBN Co. Ltd., Reg. S 4.15% 16/09/2030 USD 1,795,000 1,521,806 0.22 6,622,944 0.95 Canada Canadian Imperial Bank of Commerce, Reg. S 4.414% 08/06/2028 USD 2,600,000 2,248,958 0.32 Federation des Caisses Desjardins du Quebec, 144A 5.147% 27/11/2028 USD 9,130,000 8,063,204 1.16 OMERS Finance Trust, Reg. S 4.375% 20/03/2030 USD 9,000,000 7,803,489 1.12 Ontario Teachers' Finance Trust, Reg. S 4.625% 10/04/2029 USD 13,333,000 11,661,529 1.67 29,777,180 4.27 Supranational Arab Energy Fund (The), Reg. S 5.428% 02/05/2029 USD 10,000,000 8,822,884 1.27 8,822,884 1.27 United Arab Emirates Emirates NBD Bank PJSC, Reg. S 5.141% 26/11/2029 USD 5,000,000 4,402,922 0.63 4,402,922 0.63 Total Bonds 49,625,930 7.12 Total Transferable securities and money market instruments dealt in on another regulated market 49,625,930 7.12 Units of authorised UCITS or other collective investment undertakings Collective Investment Schemes Ireland Aviva Investors Liquidity Funds plc - Euro Liquidity Fund † EUR 166,368 17,646,703 2.53 Aviva Investors Liquidity Funds plc - Sterling Liquidity Fund † GBP 300,000 343,578 0.05 17,990,281 2.58 Total Collective Investment Schemes 17,990,281 2.58 Total Units of authorised UCITS or other collective investment undertakings 17,990,281 2.58 Total investments 683,437,137 97.97 Cash/(bank overdraft) (11,065,948) (1.59) Other assets/(liabilities) 25,261,943 3.62 Total net assets 697,633,132 100.00 † Related Party Fund

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - EUR RETURNPLUS FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 19

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

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Forward Currency Exchange Contracts

Currency Purchased Amount Purchased Currency Sold Amount Sold Maturity Date Counterparty

Unrealised Gain/ (Loss) EUR % of Net Assets EUR 55,049,943 DKK 410,723,064 08/05/2026 HSBC (16,385) Total Unrealised Loss on Forward Currency Exchange Contracts - Liabilities (16,385) Net Unrealised Loss on Forward Currency Exchange Contracts - Liabilities (16,385) -

Interest Rate Swap Contracts

Nominal Amount Currency Counterparty Security Description Maturity Date Market Value EUR % of Net Assets (4,200,000) EUR Royal Bank of Canada Pay fixed 2.002% Receive floating STR 1 day 25/09/2028 10,618 (5,400,000) EUR J.P. Morgan Pay fixed 2.029% Receive floating STR 1 day 03/01/2029 15,314 (5,300,000) EUR J.P. Morgan Pay fixed 2.093% Receive floating STR 1 day 21/10/2029 22,450 (5,500,000) EUR J.P. Morgan Pay fixed 2.092% Receive floating STR 1 day 18/10/2029 23,308 (5,500,000) EUR J.P. Morgan Pay fixed 2.075% Receive floating STR 1 day 24/09/2029 25,058 0.01 (2,300,000) EUR J.P. Morgan Pay fixed 2.041% Receive floating STR 1 day 20/10/2030 27,361 0.01 (9,900,000) EUR J.P. Morgan Pay fixed 2.137% Receive floating STR 1 day 29/05/2030 53,545 0.01 (12,300,000) EUR J.P. Morgan Pay fixed 2.122% Receive floating STR 1 day 25/02/2030 58,111 0.01 (10,000,000) EUR J.P. Morgan Pay fixed 1.903% Receive floating STR 1 day 03/01/2029 65,122 0.01 (12,300,000) EUR J.P. Morgan Pay fixed 2.095% Receive floating STR 1 day 25/02/2030 71,606 0.01 (14,300,000) EUR J.P. Morgan Pay fixed 2.176% Receive floating STR 1 day 26/11/2030 88,923 0.01 (8,000,000) EUR J.P. Morgan Pay fixed 1.998% Receive floating STR 1 day 06/06/2030 91,538 0.01 (39,300,000) EUR J.P. Morgan Pay fixed 2.008% Receive floating STR 1 day 10/12/2028 125,836 0.02 (19,200,000) EUR J.P. Morgan Pay fixed 2.03% Receive floating STR 1 day 10/02/2030 157,591 0.02 (3,400,000,000) JPY Morgan Stanley Pay fixed 0.995% Receive floating TONAR 1 day 05/05/2030 356,283 0.05 (2,650,000,000) JPY Morgan Stanley Pay fixed 0.692% Receive floating TONAR 1 day 20/12/2029 403,693 0.06 Total Market Value on Interest Rate Swap Contracts - Assets 1,596,357 0.23 (8,100,000) EUR J.P. Morgan Pay fixed 3.023% Receive floating STR 1 day 25/10/2028 (204,057) (0.03) (6,500,000) EUR J.P. Morgan Pay fixed 3.197% Receive floating STR 1 day 12/07/2028 (180,700) (0.03) (7,000,000) EUR J.P. Morgan Pay fixed 3.223% Receive floating STR 1 day 15/02/2028 (175,059) (0.03) (6,226,000) EUR J.P. Morgan Pay fixed 3.095% Receive floating STR 1 day 24/08/2028 (162,231) (0.02) (4,000,000) EUR J.P. Morgan Pay fixed 3.282% Receive floating STR 1 day 02/10/2027 (89,585) (0.01) (2,900,000) EUR J.P. Morgan Pay fixed 2.926% Receive floating STR 1 day 25/07/2028 (61,673) (0.01) (7,000,000) EUR J.P. Morgan Pay fixed 3.465% Receive floating STR 1 day 12/07/2026 (56,199) (0.01) (12,400,000) EUR J.P. Morgan Pay fixed 2.235% Receive floating STR 1 day 14/10/2028 (44,388) (0.01) (2,340,000) EUR J.P. Morgan Pay fixed 2.927% Receive floating STR 1 day 23/06/2027 (32,858) (0.01) (900,000) EUR J.P. Morgan Pay fixed 2.923% Receive floating STR 1 day 20/12/2028 (20,858) (6,500,000) EUR J.P. Morgan Pay fixed 2.163% Receive floating STR 1 day 17/01/2028 (19,197) -

(417,000,000) DKK Citigroup Pay fixed 2.529% Receive floating DKK-CIBOR-DKNA13 6 month 22/12/2028 (17,383) (4,500,000) EUR J.P. Morgan Pay fixed 2.32% Receive floating STR 1 day 20/03/2030 (13,141) (1,025,000) EUR J.P. Morgan Pay fixed 3.059% Receive floating STR 1 day 21/12/2026 (11,158) (4,950,000) EUR J.P. Morgan Pay fixed 2.536% Receive floating STR 1 day 20/05/2026 (10,969) (3,700,000) EUR J.P. Morgan Pay fixed 2.299% Receive floating STR 1 day 27/03/2030 (7,490) (700,000) EUR J.P. Morgan Pay fixed 2.242% Receive floating STR 1 day 05/01/2028 (3,176) (2,500,000) EUR J.P. Morgan Pay fixed 2.062% Receive floating STR 1 day 21/01/2028 (2,255) Total Market Value on Interest Rate Swap Contracts - Liabilities (1,112,377) (0.16) Net Market Value on Interest Rate Swap Contracts - Assets 483,980 0.07

Currency Swap Contracts

Quantity Currency Counterparty Security Description Maturity Date Market Value EUR % of Net Assets

2,971,650 EUR Royal Bank of Canada Pay Floating AUD BBR 3 Month + 76bps, Receive Floating EUR ESTRON 1 Day + 62.13bps 05/06/2028 2,434 -

(1,795,000) USD Royal Bank of Canada Pay Fixed USD 4.150%, Receive Floating EUR ESTRON 1 Day + 84.85bps 16/09/2030 17,249 -

(4,286,000) GBP Societe Generale Pay Fixed EUR 5.125%, Receive Floating GBP ESTRON 1 Day + 107bps 11/06/2029 43,048 0.01

(8,000,000) GBP Royal Bank of Canada Pay Fixed GBP 4.375%, Receive Floating EUR ESTRON 1 Day + 55.2bps 20/01/2029 55,509 0.01

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - EUR RETURNPLUS FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 20

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 21

Currency Swap Contracts (continued)

Quantity Currency Counterparty Security Description Maturity Date Market Value EUR % of Net Assets

4,642,256 EUR Royal Bank of Canada Pay Floating AUD BBR 3 Month + 78bps, Receive Floating GBP SONIA 1 Day + 69.2bps 27/03/2030 103,854 0.01

(13,400,000) CHF Societe Generale Pay Fixed CHF 0.9925%, Receive Floating EUR ESTRON 1 Day + 79.1bps 23/09/2030 134,510 0.02

(9,000,000) GBP Societe Generale Pay Fixed GBP 4.5%, Receive Floating EUR ESTRON 1 Day + 51.7bps 22/10/2028 151,023 0.02

2,430,281 EUR Societe Generale Pay Floating AUD BBR 3 Month + 87bps, Receive Floating EUR ESTRON 1 Day + 69.3bps 28/08/2027 155,394 0.02

(2,600,000) USD J.P. Morgan Pay Fixed USD 4.414%, Receive Floating EUR ESTRON 1 Day + 56.85bps 08/06/2028 180,119 0.03

(2,684,000) USD J.P. Morgan Pay Fixed USD 4.774%, Receive Floating EUR ESTRON 1 Day + 84.1bps 06/06/2028 205,171 0.03

(7,000,000) AUD Royal Bank of Canada Pay Fixed AUD 4.600%, Receive Floating EUR ESTRON 1 Day + 72.6bps 28/06/2030 209,382 0.03

5,939,000 EUR Royal Bank of Canada Pay Floating GBP SONIA 1 Day, Receive Floating EUR ESTRON 1 Day - 6bps 11/01/2028 214,801 0.03

5,943,183 EUR Royal Bank of Canada Pay Floating GBP SONIA 1 Day, Receive Floating EUR ESTRON 1 Day - 6bps 18/01/2028 219,163 0.03

(6,000,000) USD Calyon Securities Pay Fixed USD 4%, Receive Floating EURESTRON 1 Day + 70.25bps 01/10/2027 253,569 0.04

(6,900,000) USD Societe Generale Pay Fixed USD 4.375%, Receive Floating EUR ESTRON 1 Day + 78.55bps 24/04/2028 290,176 0.04

(7,600,000) GBP Societe Generale Pay Fixed CHF 4.875%, Receive Floating EUR ESTRON 1 Day + 71.4bps 30/01/2030 351,485 0.05

(10,000,000) GBP Societe Generale Pay Fixed GBP 4.625%, Receive Floating EUR ESTRON 1 Day + 49.7bps 22/10/2028 365,181 0.05

(18,580,000) AUD Citigroup Pay Fixed AUD 4.200%, Receive Floating EUR ESTRON 1 Day + 61bps 14/04/2027 383,972 0.05

(5,000,000) USD Royal Bank of Canada Pay Fixed USD 5.141%, Receive Floating EUR ESTRON 1 Day + 115.1bps 26/11/2029 404,900 0.06

(4,286,000) USD Citigroup Pay Fixed USD 5.125%, Receive Floating EUR ESTRON 1 Day + 102.4bps 13/01/2028 411,847 0.06

6,106,000 EUR Royal Bank of Canada Pay Floating AUD BBR 3 Month, Receive Floating EUR ESTRON 1 Day - 1.4bps 20/12/2027 428,534 0.06

(9,130,000) USD Societe Generale Pay Fixed USD 5.147%, Receive Floating EUR ESTRON 1 Day + 78.45bps 27/11/2028 437,013 0.06

(10,000,000) USD Merrill Lynch Pay Fixed USD 5.428%, Receive Floating EUR ESTRON 1 Day + 75.8bps 02/05/2029 483,103 0.07

(9,000,000) USD Royal Bank of Canada Pay Fixed USD 4.375%, Receive Floating EUR ESTRON 1 Day + 60bps 20/03/2030 528,367 0.08

(15,000,000) CHF Societe Generale Pay Fixed CHF 2.625%, Receive Floating EUR ESTRON 1 Day + 82.1bps 10/03/2031 604,497 0.09

(13,333,000) USD BNP Paribas Pay Fixed USD 4.625%, Receive Floating EUR ESTRON 1 Day + 45.55bps 10/04/2029 618,409 0.09

(13,107,000) USD Societe Generale Pay Fixed USD 5%, Receive Floating EUR ESTRON 1 Day + 91bps 28/02/2029 672,089 0.10

(15,000,000) USD Societe Generale Pay Fixed USD 4.125%, Receive Floating EUR ESTRON 1 Day + 84.2bps 12/03/2028 691,212 0.10

8,364,312 EUR Royal Bank of Canada Pay Floating AUD BBR 3 Month, Receive Floating EUR ESTRON 1 Day - 5.3bps 02/12/2027 693,934 0.10

14,086,544 EUR Royal Bank of Canada Pay Floating AUD BBR 3 Month, Receive Floating EUR ESTRON 1 Day - 15.85bps 16/05/2027 715,118 0.10

15,761,961 EUR Royal Bank of Canada Pay Floating AUD BBR 3 Month, Receive Floating EUR ESTRON 1 Day - 17.2bps 20/06/2028 787,801 0.11

(1,100,000,000) JPY Societe Generale Pay Fixed JPY 0.75%, Receive Floating EUR ESTRON 1 Day + 63.15bps 03/09/2027 960,238 0.14

19,770,890 EUR Calyon Securities Pay Floating JPY TONAR 1 Day + 0bps, Receive Floating EUR ESTRON 1 Day + 37.25bps 05/05/2030 1,342,965 0.19

(1,700,000,000) JPY Royal Bank of Canada Pay Fixed JPY 1.29%, Receive Floating EUR ESTRON 1 Day + 104.4bps 26/11/2027 1,368,861 0.20

16,415,617 EUR Societe Generale Pay Fixed AUD 4.200%, Receive Floating EUR ESTRON 1 Day + 45.55bps 20/12/2029 2,010,926 0.29 Total Market Value on Currency Swap Contracts - Assets 16,495,854 2.37

(220,000,000) SEK Societe Generale Pay Fixed SEK 3%, Receive Floating EUR ESTRON 1 Day + 42.6bps 28/03/2029 (545,265) (0.08)

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - EUR RETURNPLUS FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 21

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 22

Currency Swap Contracts (continued)

Quantity Currency Counterparty Security Description Maturity Date Market Value EUR % of Net Assets

(220,000,000) SEK BNP Paribas Pay Fixed SEK 3%, Receive Floating EUR ESTRON 1 Day + 43bps 06/12/2029 (400,094) (0.06)

14,770,850 EUR Merrill Lynch Pay Floating AUD BBR 3 Month, Receive Floating EUR ESTRON 1 Day - 6.45bps 09/05/2028 (248,653) (0.04)

(10,000,000) USD Societe Generale Pay Fixed USD 1.375%, Receive Floating EUR ESTRON 1 Day + 61bps 26/01/2026 (195,837) (0.03)

7,025,278 EUR Societe Generale Pay Floating AUD BBR 3 Month, Receive Floating EUR ESTRON 1 Day - 8.35bps 24/07/2028 (131,654) (0.02)

6,664,058 EUR Royal Bank of Canada Pay Floating AUD BBR 3 Month, Receive Floating EUR ESTRON 1 Day - 9.5bps 15/08/2030 (115,112) (0.02)

(2,000,000) USD J.P. Morgan Pay Fixed USD 1.26%, Receive Floating EUR ESTRON 1 Day + 44.42bps 10/02/2026 (35,898) (0.01)

7,154,882 EUR Royal Bank of Canada Pay Floating AUD BBR 3 Month + 76bps, Receive Floating EUR ESTRON 1 Day + 102.75bps 05/06/2028 (29,364) -

(1,290,000) USD J.P. Morgan Pay Fixed USD 1.639%, Receive Floating EUR ESTRON 1 Day + 80.27bps 15/06/2026 (26,567) -

(2,386,000) USD J.P. Morgan Pay Fixed USD 1.75%, Receive Floating EUR ESTRON 1 Day + 82.63bps 15/04/2026 (20,908) -

(1,136,000) USD J.P. Morgan Pay Fixed USD 1.26%, Receive Floating EUR ESTRON 1 Day + 61.47bps 10/02/2026 (19,130) Total Market Value on Currency Swap Contracts - Liabilities (1,768,482) (0.26) Net Market Value on Currency Swap Contracts - Assets 14,727,372 2.11

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - EUR RETURNPLUS FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 22

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 23

Investments Currency Quantity/ Nominal Value Market Value GBP

% of Net Assets Transferable securities and money market instruments admitted to an official exchange listing Bonds Australia Bank of Queensland Ltd., Reg. S 1.839% 09/06/2027 EUR 120,000,000 104,101,277 1.96 Bank of Queensland Ltd., Reg. S, FRN 4.845% 09/05/2028 AUD 37,500,000 18,821,761 0.35 Canadian Imperial Bank of Commerce, FRN 4.082% 14/09/2026 AUD 10,000,000 4,956,866 0.09 Canadian Imperial Bank of Commerce, Reg. S, FRN 4.418% 20/12/2027 AUD 56,000,000 27,868,951 0.53 Canadian Imperial Bank of Commerce, Reg. S, FRN 4.164% 24/07/2028 AUD 71,310,000 35,414,940 0.67 Commonwealth Bank of Australia 2.5% 01/02/2029 EUR 10,000,000 8,702,369 0.16 Commonwealth Bank of Australia, Reg. S 3.25% 17/11/2026 AUD 20,600,000 10,121,678 0.19 Commonwealth Bank of Australia, Reg. S, FRN 4.895% 01/11/2028 GBP 46,073,000 46,706,479 0.88 Commonwealth Bank of Australia, Reg. S, FRN 4.459% 17/10/2027 GBP 62,727,000 62,835,032 1.18 ING Bank Australia Ltd., Reg. S, FRN 4.433% 15/08/2030 AUD 59,590,000 29,670,321 0.56 Macquarie Bank Ltd., Reg. S 2.574% 15/09/2027 EUR 46,294,000 40,567,665 0.76 NBN Co. Ltd., Reg. S, FRN 4.533% 28/08/2027 AUD 36,000,000 17,937,172 0.34 Norfina Ltd., FRN 4.625% 12/07/2028 AUD 66,500,000 33,339,012 0.63 Westpac Banking Corp., Reg. S 3.371% 07/06/2027 USD 60,000,000 44,421,380 0.84 Westpac Banking Corp., Reg. S 4.184% 22/05/2028 USD 40,000,000 30,034,838 0.57 Westpac Banking Corp., Reg. S 0.01% 22/09/2028 EUR 35,000,000 28,681,063 0.54 Westpac Banking Corp., Reg. S, FRN 4.69% 11/01/2028 GBP 49,850,000 50,159,600 0.94 Westpac Banking Corp., Reg. S, FRN 4.342% 03/07/2028 GBP 77,031,000 77,277,911 1.46 671,618,315 12.65 Canada Bank of Nova Scotia (The), Reg. S, FRN 4.321% 15/09/2028 GBP 55,273,000 55,385,186 1.04 Canadian Imperial Bank of Commerce, Reg. S, FRN 4.34% 12/09/2028 GBP 49,100,000 49,171,833 0.93 Federation des Caisses Desjardins du Quebec, FRN 4.337% 02/12/2027 AUD 76,500,000 38,031,912 0.72 Federation des Caisses Desjardins du Quebec, Reg. S 2.683% 29/05/2030 EUR 15,000,000 13,023,579 0.25 Federation des Caisses Desjardins du Quebec, Reg. S, FRN 4.551% 12/10/2027 GBP 65,756,000 65,953,119 1.24 Federation des Caisses Desjardins du Quebec, Reg. S, FRN 4.574% 15/07/2028 GBP 45,100,000 45,241,858 0.85

Investments Currency Quantity/ Nominal Value Market Value GBP

% of Net Assets National Bank of Canada, Reg. S 2.75% 18/10/2028 EUR 37,500,000 32,911,984 0.62 OMERS Finance Trust, Reg. S 3.125% 25/01/2029 EUR 29,900,000 26,454,574 0.50 Province of British Columbia Canada, Reg. S 4.5% 18/06/2029 GBP 45,000,000 45,617,274 0.86 Royal Bank of Canada, Reg. S, FRN 4.609% 13/07/2027 AUD 70,200,000 35,118,788 0.66 Royal Bank of Canada, Reg. S, FRN 4.681% 18/01/2028 GBP 93,139,000 93,753,174 1.77 Toronto-Dominion Bank (The), FRN 4.682% 15/09/2028 AUD 111,500,000 55,853,364 1.05 Toronto-Dominion Bank (The), Reg. S 5.141% 13/09/2028 USD 53,400,000 41,121,386 0.77 597,638,031 11.26 Cayman Islands Gaci First Investment Co., Reg. S 5.125% 11/06/2029 GBP 45,714,000 46,614,100 0.88 QNB Finance Ltd., FRN 4.926% 02/04/2029 USD 60,000,000 45,180,768 0.85 91,794,868 1.73 Czech Republic Komercni Banka AS, Reg. S 0.01% 20/01/2026 EUR 10,000,000 8,725,657 0.16 8,725,657 0.16 Denmark Jyske Realkredit A/S 1% 01/04/2027 DKK 309,500,000 35,788,436 0.67 Nordea Kredit Realkreditaktieselskab 1% 01/10/2026 DKK 683,500,000 79,472,842 1.50 Nykredit Realkredit A/S 1% 01/01/2027 DKK 785,000,000 91,037,087 1.72 Nykredit Realkredit A/S, Reg. S 1% 01/04/2026 DKK 75,000,000 8,753,267 0.16 Realkredit Danmark A/S, Reg. S 1% 01/01/2027 DKK 300,000,000 34,770,832 0.66 Realkredit Danmark A/S, Reg. S 1% 01/04/2027 DKK 440,000,000 50,833,236 0.96 300,655,700 5.67 France Agence Francaise de Developpement EPIC, Reg. S 4.5% 22/10/2028 GBP 76,000,000 76,640,593 1.44 Agence Francaise de Developpement EPIC, Reg. S 1.875% 12/11/2029 CHF 10,000,000 9,769,767 0.18 Agence France Locale, Reg. S 4.375% 20/01/2029 GBP 40,000,000 40,118,730 0.76 Bpifrance SACA, Reg. S 2.75% 25/11/2030 EUR 8,000,000 6,912,042 0.13 Caisse des Depots et Consignations, Reg. S 4.25% 28/02/2028 GBP 23,600,000 23,734,043 0.45 Dexia SA, Reg. S 4.125% 22/07/2027 GBP 34,200,000 34,244,672 0.65 Dexia SA, Reg. S 4.625% 22/10/2028 GBP 80,000,000 80,955,288 1.53 SNCF Reseau, Reg. S 2.625% 10/03/2031 CHF 23,000,000 23,390,723 0.44 295,765,858 5.58 Japan Development Bank of Japan, Inc. 1.81% 04/09/2028 JPY 2,000,000,000 9,584,397 0.18

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - GBP RETURNPLUS FUND Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 23

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

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Investments Currency Quantity/ Nominal Value Market Value GBP

% of Net Assets Japan Government Five Year Bond 0.9% 20/12/2029 JPY 18,650,000,000 86,620,430 1.63 Japan Government Two Year Bond 0.7% 01/02/2027 JPY 37,220,000,000 176,122,938 3.32 Sumitomo Mitsui Trust Bank Ltd., Reg. S 0.277% 25/10/2028 EUR 29,000,000 23,652,072 0.45 Sumitomo Mitsui Trust Bank Ltd., Reg. S 4.086% 19/04/2028 EUR 76,500,000 68,905,425 1.30 Tokyo Metropolitan Government, Reg. S 2.625% 28/10/2030 EUR 11,300,000 9,754,575 0.18 374,639,837 7.06 Netherlands Nederlandse Waterschapsbank NV, Reg. S 4.125% 22/10/2027 GBP 30,000,000 30,137,567 0.57 30,137,567 0.57 New Zealand ASB Bank Ltd., Reg. S 2.971% 27/03/2030 EUR 21,700,000 19,072,626 0.36 Auckland Council 4.6% 28/06/2030 AUD 42,000,000 20,511,286 0.39 Bank of New Zealand, Reg. S 2.552% 29/06/2027 EUR 44,200,000 38,746,952 0.73 Bank of New Zealand, Reg. S 0.01% 15/06/2028 EUR 20,000,000 16,456,895 0.31 Bank of New Zealand, Reg. S 3.708% 20/12/2028 EUR 93,774,000 84,584,203 1.59 New Zealand Local Government Funding Agency Bond, Reg. S 2.875% 01/04/2030 EUR 23,143,000 20,361,067 0.38 199,733,029 3.76 Poland Republic of Poland Government International Bond, Reg. S 1.29% 26/11/2027 JPY 11,500,000,000 54,104,512 1.02 54,104,512 1.02 Saudi Arabia Saudi Government International Bond, Reg. S 5.125% 13/01/2028 USD 25,714,000 19,541,772 0.37 19,541,772 0.37 Singapore DBS Bank Ltd., Reg. S 2.375% 17/03/2027 USD 40,000,000 29,266,746 0.55 DBS Bank Ltd., Reg. S 2.429% 03/01/2029 EUR 30,000,000 26,079,656 0.49 DBS Bank Ltd., Reg. S, FRN 4.453% 16/08/2027 AUD 78,000,000 38,878,954 0.73 DBS Bank Ltd., Reg. S, FRN 4.393% 10/03/2026 USD 40,000,000 29,763,883 0.56 DBS Bank Ltd., Reg. S, FRN 4.414% 14/05/2027 GBP 38,889,000 38,976,405 0.73 DBS Bank Ltd., Reg. S, FRN 4.424% 30/10/2028 GBP 58,967,000 59,041,512 1.11 Maybank Singapore Ltd., Reg. S 3.439% 07/06/2027 EUR 36,000,000 31,948,767 0.60 Maybank Singapore Ltd., Reg. S 2.504% 02/10/2028 EUR 25,352,000 22,096,988 0.42 Standard Chartered Bank Singapore Ltd., Reg. S 2.595% 02/10/2028 EUR 52,000,000 45,460,317 0.86

Investments Currency Quantity/ Nominal Value Market Value GBP

% of Net Assets United Overseas Bank Ltd., Reg. S, FRN 4.317% 13/09/2027 GBP 50,000,000 50,087,500 0.94 United Overseas Bank Ltd., Reg. S, FRN 4.321% 08/06/2029 GBP 100,000,000 100,077,925 1.89 471,678,653 8.88 Slovakia Slovakia Government International Bond, Reg. S 1.523% 10/05/2028 CHF 15,000,000 14,207,635 0.27 14,207,635 0.27 Slovenia Slovenia Government International Bond, Reg. S 0.75% 03/09/2027 JPY 4,900,000,000 23,053,015 0.43 23,053,015 0.43 South Korea Export-Import Bank of Korea 4.25% 15/09/2027 USD 64,912,000 48,665,372 0.92 Export-Import Bank of Korea 5% 11/01/2028 USD 34,783,000 26,502,419 0.50 Export-Import Bank of Korea, FRN 4.51% 27/03/2030 AUD 32,000,000 15,890,370 0.30 KEB Hana Bank, Reg. S 2.875% 23/01/2028 EUR 26,667,000 23,453,518 0.44 Kookmin Bank, Reg. S 4% 13/04/2027 EUR 42,550,000 37,932,414 0.71 Kookmin Bank, Reg. S 2.625% 29/09/2029 EUR 47,042,000 40,908,838 0.77 Korea Development Bank (The), Reg. S 3.375% 23/05/2028 EUR 52,500,000 46,831,229 0.88 Korea Development Bank (The), Reg. S 4.5% 31/01/2028 GBP 30,000,000 30,298,309 0.57 Korea Development Bank (The), Reg. S, FRN 4.445% 05/06/2028 AUD 34,780,000 17,304,126 0.33 Korea Housing Finance Corp., Reg. S 0.258% 27/10/2028 EUR 35,000,000 28,656,726 0.54 Korea Housing Finance Corp., Reg. S 4.082% 25/09/2027 EUR 87,500,000 78,557,993 1.48 Korea Housing Finance Corp., Reg. S 3.714% 11/04/2027 EUR 50,000,000 44,471,958 0.84 Korea Housing Finance Corp., Reg. S 4.125% 12/03/2028 USD 85,000,000 63,512,251 1.20 Korea Housing Finance Corp., Reg. S, FRN 4.547% 14/10/2028 GBP 17,500,000 17,535,575 0.33 Korea International Bond 0.75% 14/09/2028 JPY 1,500,000,000 6,986,581 0.13 Korea International Bond, Reg. S 1.457% 30/01/2031 JPY 1,900,000,000 8,895,067 0.17 Korea Mine Rehabilitation & Mineral Resources Corp., Reg. S 1.75% 15/04/2026 USD 10,739,000 7,928,865 0.15 544,331,611 10.26 Supranational Arab Energy Fund (The), Reg. S 1.483% 06/10/2026 USD 23,000,000 16,776,773 0.32 Arab Energy Fund (The), Reg. S 1.26% 10/02/2026 USD 51,723,000 38,314,070 0.72 Corp. Andina de Fomento, Reg. S 3.31% 12/12/2028 EUR 22,500,000 19,697,234 0.37 Corp. Andina de Fomento, Reg. S 4.75% 16/04/2029 GBP 90,000,000 91,079,064 1.71

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - GBP RETURNPLUS FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 24

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 25

Investments Currency Quantity/ Nominal Value Market Value GBP

% of Net Assets Corp. Andina de Fomento, Reg. S 3.625% 13/02/2030 EUR 55,000,000 49,319,481 0.93 Corp. Andina de Fomento, Reg. S 4.875% 30/01/2030 GBP 10,000,000 10,164,448 0.19 225,351,070 4.24 Sweden Danske Hypotek AB, Reg. S 3.5% 15/12/2027 SEK 650,000,000 53,565,603 1.01 Skandinaviska Enskilda Banken AB, Reg. S 3% 06/11/2028 SEK 530,000,000 43,329,832 0.82 Swedbank Hypotek AB, Reg. S 3% 28/03/2029 SEK 530,000,000 43,329,292 0.82 140,224,727 2.65 United Arab Emirates Emirates Development Bank PJSC, Reg. S 1.639% 15/06/2026 USD 23,810,000 17,480,291 0.33 Emirates NBD Bank PJSC, Reg. S 5.875% 11/10/2028 USD 51,948,000 40,561,458 0.76 First Abu Dhabi Bank PJSC 0.148% 17/11/2026 CHF 25,000,000 23,480,294 0.44 First Abu Dhabi Bank PJSC, Reg. S 1.063% 14/04/2026 CHF 15,300,000 14,413,104 0.27 First Abu Dhabi Bank PJSC, Reg. S 4.375% 24/04/2028 USD 32,000,000 23,973,295 0.45 First Abu Dhabi Bank PJSC, Reg. S 4.774% 06/06/2028 USD 51,994,000 39,311,241 0.74 First Abu Dhabi Bank PJSC, Reg. S 5% 28/02/2029 USD 47,330,000 36,177,436 0.68 195,397,119 3.67 United Kingdom Clydesdale Bank plc, Reg. S 3.75% 22/08/2028 EUR 25,746,000 23,090,827 0.44 Clydesdale Bank plc, Reg. S, FRN 4.455% 22/01/2028 GBP 21,900,000 21,980,597 0.41 Coventry Building Society, Reg. S 2.625% 07/12/2026 EUR 28,000,000 24,538,154 0.46 HSBC UK Bank plc, Reg. S 2.625% 25/05/2030 EUR 32,000,000 27,706,345 0.52 Nationwide Building Society, Reg. S 2.375% 16/01/2029 EUR 14,700,000 12,771,014 0.24 Network Rail Infrastructure Finance plc 1.75% 22/11/2027 GBP 109,178,300 110,677,536 2.08 Santander UK plc, Reg. S 4.496% 12/12/2027 USD 66,667,000 50,217,020 0.95 Santander UK plc, Reg. S, FRN 4.389% 12/05/2028 GBP 39,000,000 39,116,552 0.74 TSB Bank plc, Reg. S 3.319% 05/03/2029 EUR 22,500,000 20,029,606 0.38 TSB Bank plc, Reg. S, FRN 4.431% 15/09/2028 GBP 15,000,000 15,077,273 0.28 United Kingdom Gilt, Reg. S 4% 22/05/2029 GBP 80,000,000 80,348,560 1.51 425,553,484 8.01 United States of America Federal National Mortgage Association 5.375% 07/12/2028 GBP 22,185,000 22,883,095 0.43 22,883,095 0.43 Total Bonds 4,707,035,555 88.67 Total Transferable securities and money market instruments admitted to an official exchange listing 4,707,035,555 88.67

Investments Currency Quantity/ Nominal Value Market Value GBP

% of Net Assets Transferable securities and money market instruments dealt in on another regulated market Bonds Australia National Australia Bank Ltd., Reg. S 4.628% 22/11/2027 USD 80,000,000 60,480,678 1.14 NBN Co. Ltd., Reg. S 4% 01/10/2027 USD 34,000,000 25,240,084 0.48 NBN Co. Ltd., Reg. S 4.15% 16/09/2030 USD 17,949,000 13,287,129 0.25 99,007,891 1.87 Canada Canadian Imperial Bank of Commerce, Reg. S 4.414% 08/06/2028 USD 60,000,000 45,316,399 0.85 Federation des Caisses Desjardins du Quebec, 144A 5.147% 27/11/2028 USD 60,870,000 46,939,263 0.88 OMERS Finance Trust, Reg. S 4.375% 20/03/2030 USD 33,700,000 25,513,635 0.48 Ontario Teachers' Finance Trust, Reg. S 4.625% 10/04/2029 USD 66,667,000 50,913,697 0.96 168,682,994 3.17 Cayman Islands EI Sukuk Co. Ltd., Reg. S 5.059% 25/03/2030 USD 35,000,000 26,522,052 0.50 26,522,052 0.50 Supranational Arab Energy Fund (The), Reg. S 5.428% 02/05/2029 USD 80,000,000 61,630,637 1.16 61,630,637 1.16 United Arab Emirates Emirates NBD Bank PJSC, Reg. S 5.141% 26/11/2029 USD 39,963,000 30,727,357 0.58 30,727,357 0.58 Total Bonds 386,570,931 7.28 Total Transferable securities and money market instruments dealt in on another regulated market 386,570,931 7.28 Units of authorised UCITS or other collective investment undertakings Collective Investment Schemes Ireland Aviva Investors Liquidity Funds plc - Sterling Liquidity Fund † GBP 111,800,000 111,800,000 2.11 Aviva Investors Liquidity Funds plc - USD Liquity Fund † USD 300,000 223,040 Aviva Investors Sterling Standard Liquidity Fund † GBP 29,979 33,962,271 0.64 145,985,311 2.75 Total Collective Investment Schemes 145,985,311 2.75 Total Units of authorised UCITS or other collective investment undertakings 145,985,311 2.75 Total investments 5,239,591,797 98.70 Cash/(bank overdraft) (79,523,023) (1.50) Other assets/(liabilities) 148,472,745 2.80 Total net assets 5,308,541,519 100.00 † Related Party Fund

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - GBP RETURNPLUS FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 25

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 26

Forward Currency Exchange Contracts

Currency Purchased Amount Purchased Currency Sold Amount Sold Maturity Date Counterparty

Unrealised Gain/ (Loss) GBP % of Net Assets EUR 7,134,713 GBP 6,228,961 26/01/2026 UBS 8,693 EUR 11,396,220 GBP 9,960,866 16/02/2026 UBS 12,985 EUR 51,792,000 GBP 45,376,774 05/05/2026 Goldman Sachs 122,896 Total Unrealised Gain on Forward Currency Exchange Contracts - Assets 144,574 EUR 13,006,240 GBP 11,631,945 19/10/2026 Citigroup (124,446) Total Unrealised Loss on Forward Currency Exchange Contracts - Liabilities (124,446) Net Unrealised Gain on Forward Currency Exchange Contracts - Assets 20,128 -

Interest Rate Swap Contracts

Nominal Amount Currency Counterparty Security Description Maturity Date Market Value GBP % of Net Assets (79,700,000) GBP J.P. Morgan Pay fixed 3.54% Receive floating SONIA 1 day 17/05/2029 21,377 (1,850,000,000) JPY J.P. Morgan Pay fixed 1.166% Receive floating TONAR 1 day 27/01/2031 148,768 (1,500,000,000) JPY J.P. Morgan Pay fixed 0.448% Receive floating TONAR 1 day 11/09/2028 154,901 (37,250,000,000) JPY J.P. Morgan Pay fixed 0.828% Receive floating TONAR 1 day 01/02/2027 178,243 0.01 (18,650,000,000) JPY J.P. Morgan Pay fixed 0.692% Receive floating TONAR 1 day 20/12/2029 2,484,968 0.05 Total Market Value on Interest Rate Swap Contracts - Assets 2,988,257 0.06 (77,500,000) GBP J.P. Morgan Pay fixed 4.085% Receive floating SONIA 1 day 22/10/2028 (1,140,712) (0.02) (44,000,000) GBP J.P. Morgan Pay fixed 4.14% Receive floating SONIA 1 day 18/06/2029 (812,183) (0.02) (32,500,000) GBP J.P. Morgan Pay fixed 4.32% Receive floating SONIA 1 day 16/04/2029 (761,753) (0.01) (54,000,000) GBP J.P. Morgan Pay fixed 3.878% Receive floating SONIA 1 day 16/04/2029 (536,738) (0.01) (25,500,000) GBP J.P. Morgan Pay fixed 4.065% Receive floating SONIA 1 day 11/06/2029 (408,436) (0.01) (36,000,000) GBP J.P. Morgan Pay fixed 3.949% Receive floating SONIA 1 day 22/10/2028 (400,915) (0.01) (29,900,000) GBP J.P. Morgan Pay fixed 3.954% Receive floating SONIA 1 day 31/01/2028 (271,225) (0.01) (40,000,000) GBP J.P. Morgan Pay fixed 3.782% Receive floating SONIA 1 day 22/10/2028 (270,394) (0.01) (40,000,000) GBP J.P. Morgan Pay fixed 3.761% Receive floating SONIA 1 day 20/01/2029 (258,845) (0.01) (10,200,000) GBP J.P. Morgan Pay fixed 4.085% Receive floating SONIA 1 day 11/06/2029 (170,002) (23,600,000) GBP J.P. Morgan Pay fixed 3.826% Receive floating SONIA 1 day 28/02/2028 (159,070) (9,500,000) GBP J.P. Morgan Pay fixed 4.041% Receive floating SONIA 1 day 11/06/2029 (144,900) (30,000,000) GBP J.P. Morgan Pay fixed 3.764% Receive floating SONIA 1 day 22/10/2027 (138,932) (33,805,510) GBP J.P. Morgan Pay fixed 3.703% Receive floating SONIA 1 day 22/07/2027 (100,161) (22,185,000) GBP J.P. Morgan Pay fixed 3.624% Receive floating SONIA 1 day 07/12/2028 (57,814) (10,000,000) GBP J.P. Morgan Pay fixed 3.686% Receive floating SONIA 1 day 07/02/2030 (33,490) (700,000) GBP J.P. Morgan Pay fixed 4.32% Receive floating SONIA 1 day 16/04/2029 (16,411) (19,000,000) AUD UBS Pay fixed 4.145% Receive floating BBR 6 month 17/11/2026 (3,756) Total Market Value on Interest Rate Swap Contracts - Liabilities (5,685,737) (0.11) Net Market Value on Interest Rate Swap Contracts - Liabilities (2,697,480) (0.05)

Currency Swap Contracts

Quantity Currency Counterparty Security Description Maturity Date Market Value GBP % of Net Assets

(17,949,000) USD Royal Bank of Canada Pay Fixed USD 4.15%, Receive Floating GBP SONIA 1 Day + 95.5bps 16/09/2030 8,008 -

(25,352,000) EUR Royal Bank of Canada Pay Fixed EUR 2.504%, Receive Floating GBP SONIA 1 Day + 55.9bps 02/10/2028 39,887 -

(11,300,000) EUR Societe Generale Pay Fixed EUR 2.625%, Receive Floating GBP SONIA 1 Day + 69.2bps 28/10/2030 50,008 -

(10,100,000) USD Societe Generale Pay Fixed USD 1.639%, Receive Floating GBP SONIA 1 Day + 57.2bps 15/06/2026 53,426 -

(34,000,000) USD Royal Bank of Canada Pay Fixed USD 4%, Receive Floating GBP SONIA 1 Day + 80.5bps 01/10/2027 98,037 -

(47,042,000) EUR Royal Bank of Canada Pay Fixed EUR 2.625%, Receive Floating GBP SONIA 1 Day + 64.85bps 29/09/2029 100,332 -

(42,000,000) AUD Royal Bank of Canada Pay Fixed AUD 4.6%, Receive Floating GBP SONIA 1 Day + 78.7bps 28/06/2030 142,028 -

(8,000,000) EUR Royal Bank of Canada Pay Fixed EUR 2.75%, Receive Floating GBP SONIA 1 Day + 82bps 25/11/2030 146,261 -

(50,000,000) EUR Crédit Agricole Pay Fixed EUR 3.714%, Receive Floating GBP SONIA 1 Day + 85.35bps 11/04/2027 176,025 -

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - GBP RETURNPLUS FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 26

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 27

Currency Swap Contracts (continued)

Quantity Currency Counterparty Security Description Maturity Date Market Value GBP % of Net Assets

(10,000,000) CHF Societe Generale Pay Fixed CHF 1.875%, Receive Floating GBP SONIA 1 Day + 82.85bps 12/11/2029 181,236 -

(11,000,000) EUR J.P. Morgan Pay Fixed EUR 3.602%, Receive Floating GBP SONIA 1 Day + 62.05bps 16/02/2026 186,331 -

(7,134,000) EUR Citigroup Pay Fixed EUR 0.01%, Receive Floating GBP SONIA 1 Day + 48.5bps 26/01/2026 194,562 -

(30,000,000) EUR Royal Bank of Canada Pay Fixed EUR 2.429%, Receive Floating GBP SONIA 1 Day + 55.7bps 03/01/2029 202,691 -

(14,700,000) EUR Calyon Securities Pay Fixed EUR 2.375%, Receive Floating GBP SONIA 1 Day + 51.7bps 16/01/2029 214,096 -

(125,000,000) DKK J.P. Morgan Pay Fixed DKK 1%, Receive Floating GBP SONIA 1 Day + 37.05bps 01/10/2026 284,437 0.01

(75,000,000) DKK BNP Paribas Pay Fixed DKK 1%, Receive Floating GBP SONIA 1 Day + 47bps 01/04/2026 306,982 0.01

9,328,816 GBP Royal Bank of Canada Pay Floating JPY TONAR 1Day, Receive Floating GBP SONIA 1 Day + 42.6bps 30/01/2031 311,258 0.01

(23,000,000) USD Royal Bank of Canada Pay Fixed USD 1.483%, Receive Floating GBP SONIA 1 Day + 50.13bps 06/10/2026 330,503 0.01

28,147,776 GBP Merrill Lynch Pay Floating AUD BBR 3 Month, Receive Floating GBP SONIA 1 Day - 1.88bps 20/12/2027 339,444 0.01

(10,000,000) EUR J.P. Morgan Pay Fixed EUR 0.01%, Receive Floating GBP SONIA 1 Day + 32.8bps 20/01/2026 342,454 0.01

(125,000,000) DKK J.P. Morgan Pay Fixed DKK 1%, Receive Floating GBP SONIA 1 Day + 39.4bps 01/01/2027 468,580 0.01

(23,000,000) CHF Societe Generale Pay Fixed CHF 2.625%, Receive Floating GBP SONIA 1 Day + 95.4bps 10/03/2031 488,998 0.01

(49,920,000) EUR Royal Bank of Canada Pay Fixed EUR 3.75%, Receive Floating GBP SONIA 1 Day + 87.2bps 04/05/2026 515,697 0.01

(35,000,000) USD Societe Generale Pay Fixed USD 5.059%, Receive Floating GBP SONIA 1 Day + 126.1bps 25/03/2030 554,183 0.01

(33,700,000) USD Merrill Lynch Pay Fixed USD 4.375%, Receive Floating GBP SONIA 1 Day + 65.5bps 20/03/2030 586,479 0.01

(14,963,000) USD Royal Bank of Canada Pay Fixed USD 5.141%, Receive Floating GBP SONIA 1 Day + 87.8bps 26/11/2029 586,736 0.01

18,633,600 GBP Societe Generale Pay Floating AUD BBR 3 Month + 87bps, Receive Floating GBP SONIA 1 Day + 80.2bps 28/08/2027 748,425 0.01

(20,000,000) EUR J.P. Morgan Pay Fixed EUR 0.01%, Receive Floating GBP SONIA 1 Day + 40.1bps 15/06/2028 765,643 0.01

(29,000,000) EUR Royal Bank of Canada Pay Fixed EUR 0.277%, Receive Floating GBP SONIA 1 Day + 52.8bps 25/10/2028 780,390 0.01

(25,000,000) USD Royal Bank of Canada Pay Fixed USD 5.141%, Receive Floating GBP SONIA 1 Day + 121.3bps 26/11/2029 791,170 0.01

(35,000,000) EUR Societe Generale Pay Fixed EUR 0.258%, Receive Floating GBP SONIA 1 Day + 45.6bps 27/10/2028 792,288 0.01

(25,714,000) USD Citigroup Pay Fixed USD 5.125%, Receive Floating GBP SONIA 1 Day + 108.75bps 13/01/2028 1,050,601 0.02

8,152,174 GBP Bank of America Pay Floating JPY TONAR 1 Day, Receive Floating GBP SONIA 1 Day + 60.75bps 14/09/2028 1,087,382 0.02

(85,000,000) USD Merrill Lynch Pay Fixed USD 4.125%, Receive Floating GBP SONIA 1 Day + 95.25bps 12/03/2028 1,117,932 0.02

(40,000,000) USD BNP Paribas Pay Fixed USD 2.375%, Receive Floating GBP SONIA 1 Day + 46.1bps 17/03/2027 1,196,346 0.02

(47,330,000) USD Royal Bank of Canada Pay Fixed USD 5%, Receive Floating GBP SONIA 1 Day + 100bps 28/02/2029 1,338,720 0.02

(35,000,000) EUR Royal Bank of Canada Pay Fixed EUR 0.01%, Receive Floating GBP SONIA 1 Day + 34bps 22/09/2028 1,378,035 0.03

39,451,292 GBP Royal Bank of Canada Pay Floating AUD BBR 3 Month, Receive Floating GBP SONIA 1 Day - 4.1bps 02/12/2027 1,447,703 0.03

(250,000,000) DKK BNP Paribas Pay Fixed DKK 1%, Receive Floating GBP SONIA 1 Day + 35.45bps 01/10/2026 1,485,482 0.03

53,819,471 GBP Royal Bank of Canada Pay Floating AUD BBR 3 Month, Receive Floating GBP SONIA 1 Day - 13.9bps 22/06/2028 1,546,670 0.03

(53,400,000) USD Citigroup Pay Fixed EUR 5.141%, Receive Fshating USD SONIA 1 Day + 114.8bps 13/09/2028 1,626,106 0.03

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - GBP RETURNPLUS FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 27

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 28

Currency Swap Contracts (continued)

Quantity Currency Counterparty Security Description Maturity Date Market Value GBP % of Net Assets

(66,667,000) USD BNP Paribas Pay Fixed USD 4.625%, Receive Floating GBP SONIA 1 Day + 52.9bps 10/04/2029 1,700,825 0.03

(32,000,000) USD Societe Generale Pay Fixed USD 4.375%, Receive Floating GBP SONIA 1 Day + 108.15bps 24/04/2028 1,953,721 0.04

(40,000,000) USD Citigroup Pay Fixed USD 4.184%, Receive Floating GBP SONIA 1 Day + 76bps 22/05/2028 2,077,177 0.04

(80,000,000) USD Merrill Lynch Pay Fixed USD 5.428%, Receive Floating GBP SONIA 1 Day + 85.4bps 02/05/2029 2,145,330 0.04

47,095,761 GBP Royal Bank of Canada Pay Floating USD SOFR 1 Day + 120bps, Receive Floating GBP SONIA 1 Day + 114bps 02/04/2029 2,345,316 0.04

(66,667,000) USD Citigroup Pay Fixed USD 4.496%, Receive Floating GBP SONIA 1 Day + 58.9bps 12/12/2027 2,429,250 0.05

(60,870,000) USD Royal Bank of Canada Pay Fixed USD 5.147%, Receive Floating GBP SONIA 1 Day + 88.8bps 27/11/2028 2,559,014 0.05

59,126,365 GBP Royal Bank of Canada Pay Floating AUD BBR 3 Month, Receive Floating GBP SONIA 1 Day - 7.5bps 15/09/2028 2,569,646 0.05

(4,900,000,000) JPY Societe Generale Pay Fixed EUR 0.75%, Receive Floating JPY SONIA 1 Day + 74.9bps 03/09/2027 2,741,238 0.05

(34,783,000) USD Bank of America Pay Fixed USD 5%, Receive Floating GBP SONIA 1 Day + 125.75bps 11/01/2028 2,803,424 0.05

92,016,254 GBP Royal Bank of Canada Pay Floating AUD BBR 3 Month, Receive Floating GBP SONIA 1 Day - 11.1bps 25/03/2027 2,827,611 0.05

(60,000,000) USD J.P. Morgan Pay Fixed USD 4.414%, Receive Floating GBP SONIA 1 Day + 68.7bps 08/06/2028 2,858,733 0.05

(51,994,000) USD J.P. Morgan Pay Fixed USD 4.774%, Receive Floating GBP SONIA 1 Day + 97.6bps 06/06/2028 2,990,053 0.06

(51,948,000) USD Societe Generale Pay Fixed USD 5.875%, Receive Floating GBP SONIA 1 Day + 119.2bps 11/10/2028 3,024,804 0.06

(60,000,000) USD Royal Bank of Canada Pay Fixed USD 3.371%, Receive Floating GBP SONIA 1 Day + 52.3bps 07/06/2027 3,343,931 0.06

33,250,208 GBP Bank of America Pay Floating USD SOFR 1 Day + 65bps, Receive Floating GBP SONIA 1 Day + 54.7bps 10/03/2026 3,503,145 0.07

39,301,998 GBP Calyon Securities Pay Floating JPY TONAR 1 Day, Receive Floating GBP SONIA 1 Day + 39.9bps 01/03/2026 3,730,903 0.07

(2,000,000,000) JPY BNP Paribas Pay Fixed JPY 1.81%, Receive Floating GBP SONIA 1 Day 64.5bps 04/09/2028 4,109,511 0.08

(11,500,000,256) JPY Societe Generale Pay Fixed JPY 1.29%, Receive Floating GBP SONIA 1 Day + 112bps 26/11/2027 5,101,342 0.10

50,955,414 GBP Calyon Securities Pay Floating JPY TONAR 1 Day, Receive Floating GBP SONIA 1 Day + 42.4bps 01/03/2026 5,426,803 0.10

101,303,909 GBP Royal Bank of Canada Pay Floating JPY TONAR 1 Day, Receive Floating GBP SONIA 1 Day + 43bps 01/03/2026 5,501,760 0.10

(80,000,000) USD Citigroup Pay Fixed USD 4.628%, Receive Floating GBP SONIA 1 Day + 76.55bps 22/11/2027 7,291,559 0.14

(64,912,000) USD Bank of America Pay Fixed USD 4.25%, Receive Floating GBP SONIA 1 Day + 87bps 15/09/2027 8,259,512 0.16

100,669,706 GBP Societe Generale Pay Floating JPY TONAR 1Day, Receive Floating GBP SONIA 1 Day + 51bps 20/12/2029 11,975,803 0.23 Total Market Value on Currency Swap Contracts - Assets 117,331,983 2.19 55,000,000 GBP Citigroup Pay Fixed EUR 3.875%, Receive Fixed GBP 4.903% 22/11/2027 (6,918,803) (0.13)

(440,000,000) DKK BNP Paribas Pay Fixed EUR 1%, Receive Floating GBP SONIA 1 Day + 48.25bps 01/04/2027 (3,605,139) (0.07)

(650,000,000) SEK Societe Generale Pay Fixed SEK 3.5%, Receive Floating GBP SONIA 1 Day + 43.2bps 15/12/2027 (3,511,795) (0.07)

(25,000,000) CHF BNP Paribas Pay Fixed CHF 0.148%, Receive Floating GBP SONIA 1 Day + 55.19bps 17/11/2026 (3,378,738) (0.06)

(350,000,000) DKK Societe Generale Pay Fixed DKK 1%, Receive Floating GBP SONIA 1 Day + 48.4bps 01/01/2027 (2,608,175) (0.05)

(76,500,000) EUR Societe Generale Pay Fixed EUR 4.086%, Receive Floating GBP SONIA 1 Day + 104.2bps 19/04/2028 (2,448,577) (0.05)

(530,000,000) SEK Calyon Securities Pay Fixed SEK 3%, Receive Floating GBP SONIA 1 Day + 44.5bps 06/11/2028 (2,076,478) (0.04)

(52,000,000) EUR Royal Bank of Canada Pay Fixed EUR 2.595%, Receive Floating GBP SONIA 1 Day + 57.3bps 02/10/2028 (1,983,653) (0.04)

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - GBP RETURNPLUS FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 28

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 29

Currency Swap Contracts (continued)

Quantity Currency Counterparty Security Description Maturity Date Market Value GBP % of Net Assets

(64,000,000) EUR Societe Generale Pay Fixed EUR 4.082%, Receive Floating GBP SONIA 1 Day + 93.25bps 25/09/2027 (1,881,427) (0.04)

(15,300,000) CHF Societe Generale Pay Fixed CHF 1.063%, Receive Floating GBP SONIA 1 Day + 64.47bps 14/04/2026 (1,834,962) (0.03)

(50,000,000) EUR Societe Generale Pay Fixed EUR 3.708%, Receive Floating GBP SONIA 1 Day + 84.4bps 20/12/2028 (1,834,778) (0.03)

(37,500,000) EUR BNP Paribas Pay Fixed EUR 2.75%, Receive Floating GBP SONIA 1 Day + 57.05bps 18/10/2028 (1,583,818) (0.03)

(41,000,000) EUR Merrill Lynch Pay Fixed EUR 1.155%, Receive Floating GBP SONIA 1 Day + 79.95bps 09/06/2027 (1,521,155) (0.03)

(40,000,000) EUR Societe Generale Pay Fixed EUR 3.375%, Receive Floating GBP SONIA 1 Day + 64.2bps 23/05/2028 (1,509,223) (0.03)

(530,000,000) SEK Calyon Securities Pay Fixed SEK 3%, Receive Floating GBP SONIA 1 Day + 44.95bps 28/03/2029 (1,376,225) (0.03)

(300,000,000) DKK Societe Generale Pay Fixed DKK 1%, Receive Floating GBP SONIA 1 Day + 59.6bps 01/01/2027 (1,294,150) (0.02)

(36,000,000) EUR Calyon Securities Pay Fixed EUR 3.439%, Receive Floating GBP SONIA 1 Day + 50bps 07/06/2027 (1,281,809) (0.02)

(25,746,000) EUR Societe Generale Pay Fixed EUR 3.75%, Receive Floating GBP SONIA 1 Day + 81.6bps 22/08/2028 (1,153,837) (0.02)

(309,500,000) DKK Societe Generale Pay Fixed DKK 1%, Receive Floating GBP SONIA 1 Day + 50bps 01/04/2027 (1,090,415) (0.02)

(310,000,000) DKK Societe Generale Pay Fixed DKK 1%, Receive Floating GBP SONIA 1 Day + 46.1bps 01/01/2027 (1,085,950) (0.02)

34,442,730 GBP Societe Generale Pay Floating AUD BBR 3 Month, Receive Floating GBP SONIA 1 Day - 3bps 24/07/2028 (972,863) (0.02)

(23,143,000) EUR Societe Generale Pay Fixed EUR 2.875%, Receive Floating GBP SONIA 1 Day + 59.5bps 01/04/2030 (966,261) (0.02)

(26,667,000) EUR Calyon Securities Pay Fixed EUR 2.875%, Receive Floating GBP SONIA 1 Day + 75.6bps 23/01/2028 (966,205) (0.02)

(308,500,000) DKK Societe Generale Pay Fixed DKK 1%, Receive Floating GBP SONIA 1 Day + 44.2bps 01/10/2026 (911,338) (0.02)

(59,000,000) EUR Royal Bank of Canada Pay Fixed EUR 1.839%, Receive Floating GBP SONIA 1 Day + 61.9bps 09/06/2027 (834,152) (0.02)

(21,700,000) EUR Royal Bank of Canada Pay Fixed EUR 2.971%, Receive Floating GBP SONIA 1 Day + 66.1bps 27/03/2030 (793,155) (0.02)

(43,774,000) EUR Calyon Securities Pay Fixed EUR 3.708%, Receive Floating GBP SONIA 1 Day + 82.05bps 20/12/2028 (787,701) (0.02)

(29,900,000) EUR Citigroup Pay Fixed EUR 3.125%, Receive Floating GBP SONIA 1 Day + 85.7bps 25/01/2029 (777,625) (0.01)

(32,000,000) EUR Calyon Securities Pay Fixed EUR 2.625%, Receive Floating GBP SONIA 1 Day + 67.7bps 25/05/2030 (737,200) (0.01)

(22,500,000) EUR Calyon Securities Pay Fixed EUR 3.319%, Receive Floating GBP SONIA 1 Day + 76.92bps 05/03/2029 (695,001) (0.01)

16,601,432 GBP Royal Bank of Canada Pay Floating AUD BBR 3 Month + 76bps, Receive Floating GBP SONIA 1 Day + 71.6bps 05/06/2028 (686,490) (0.01)

(23,500,000) EUR Societe Generale Pay Fixed EUR 4.082%, Receive Floating GBP SONIA 1 Day + 93bps 25/09/2027 (684,418) (0.01)

(20,000,000) EUR Calyon Securities Pay Fixed EUR 1.839%, Receive Floating GBP SONIA 1 Day + 78.6bps 09/06/2027 (673,290) (0.01)

(45,000,000) EUR Royal Bank of Canada Pay Fixed EUR 3.625%, Receive Floating GBP SONIA 1 Day + 98bps 13/02/2030 (655,370) (0.01)

(44,200,000) EUR Royal Bank of Canada Pay Fixed EUR 2.552%, Receive Floating GBP SONIA 1 Day + 57.1bps 29/06/2027 (601,682) (0.01)

(15,000,000) CHF Merrill Lynch Pay Fixed EUR 1.522%, Receive Floating GBP SONIA 1 Day + 73.15bps 10/05/2028 (580,481) (0.01)

(22,500,000) EUR Royal Bank of Canada Pay Fixed EUR 3.31%, Receive Floating GBP SONIA 1 Day + 115.8bps 12/12/2028 (536,212) (0.01)

29,110,894 GBP Royal Bank of Canada Pay Floating AUD BBR 3 Month, Receive Floating GBP SONIA 1 Day - 5.15bps 15/08/2030 (513,081) (0.01)

(10,000,000) EUR Societe Generale Pay Fixed EUR 2.5%, Receive Floating GBP SONIA 1 Day + 75.1bps 01/02/2029 (303,550) (0.01)

15,604,428 GBP Royal Bank of Canada Pay Floating AUD BBR 3 Month + 78bps, Receive Floating GBP SONIA 1 Day + 75bps 27/03/2030 (295,549) (0.01)

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - GBP RETURNPLUS FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 29

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 30

Currency Swap Contracts (continued)

Quantity Currency Counterparty Security Description Maturity Date Market Value GBP % of Net Assets

(46,294,000) EUR J.P. Morgan Pay Fixed EUR 2.574%, Receive Floating GBP SONIA 1 Day + 68.6bps 15/09/2027 (275,550) (0.01)

(12,500,000) EUR Societe Generale Pay Fixed EUR 3.375%, Receive Floating GBP SONIA 1 Day + 76.8bps 23/05/2028 (231,920) -

(28,000,000) EUR Societe Generale Pay Fixed EUR 2.625%, Receive Floating GBP SONIA 1 Day + 60.8bps 07/12/2026 (229,307) -

(7,280,000) USD J.P. Morgan Pay Fixed USD 1.639%, Receive Floating GBP SONIA 1 Day + 93.6bps 15/06/2026 (212,536) -

(6,430,000) USD J.P. Morgan Pay Fixed USD 1.639%, Receive Floating GBP SONIA 1 Day + 93.6bps 15/06/2026 (187,720) -

(27,850,000) EUR Merrill Lynch Pay Fixed EUR 1.158%, Receive Floating GBP SONIA 1 Day + 84.1bps 13/04/2027 (180,989) -

(10,739,000) USD Citigroup Pay Fixed USD 1.75%, Receive Floating GBP SONIA 1 Day + 99.67bps 15/04/2026 (153,938) -

(13,000,000) EUR Royal Bank of Canada Pay Fixed EUR 0.048%, Receive Floating GBP SONIA 1 Day + 37bps 19/10/2026 (122,268) -

(14,700,000) EUR UBS Pay Fixed EUR 4%, Receive Floating GBP SONIA 1 Day + 81.25bps 13/04/2027 (122,139) -

(8,523,000) USD J.P. Morgan Pay Fixed USD 1.26%, Receive Floating GBP SONIA 1 Day + 73.73bps 10/02/2026 (74,082) -

(43,200,000) USD Royal Bank of Canada Pay Fixed USD 1.26%, Receive Floating GBP SONIA 1 Day + 69.2bps 10/02/2026 (34,152) -

(10,000,000) EUR Citigroup Pay Fixed EUR 3.625%, Receive Floating GBP SONIA 1 Day + 100.1bps 13/02/2030 (29,571) -

(15,000,000) EUR Royal Bank of Canada Pay Fixed EUR 2.683%, Receive Floating GBP SONIA 1 Day + 63.9bps 29/05/2030 (28,116) Total Market Value on Currency Swap Contracts - Liabilities (59,833,019) (1.11) Net Market Value on Currency Swap Contracts - Assets 57,498,964 1.08

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - GBP RETURNPLUS FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 30

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 31

Investments Currency Quantity/ Nominal Value Market Value % of Net Assets Transferable securities and money market instruments admitted to an official exchange listing Bonds United States of America United States Treasury Bill 0% 19/03/2026 USD 4,500,000 4,466,734 5.46 4,466,734 5.46 Total Bonds 4,466,734 5.46 Equities Austria ANDRITZ AG EUR 1,064 82,967 0.10 OMV AG EUR 1,900 105,622 0.13 Verbund AG EUR 1,121 81,781 0.10 voestalpine AG EUR 9,505 418,859 0.51 689,229 0.84 Belgium Lotus Bakeries NV EUR 8 73,757 0.09 73,757 0.09 Bermuda Arch Capital Group Ltd. USD 1,446 138,700 0.17 Axalta Coating Systems Ltd. USD 2,072 66,946 0.08 Essent Group Ltd. USD 3,001 195,095 0.24 Genpact Ltd. USD 2,884 134,914 0.16 RenaissanceRe Holdings Ltd. USD 505 141,986 0.17 Teekay Corp. Ltd. USD 5,763 52,040 0.06 Teekay Tankers Ltd. 'A' USD 974 52,031 0.06 781,712 0.94 Canada Aurinia Pharmaceuticals, Inc. USD 3,667 58,489 0.07 Kinross Gold Corp. USD 4,864 136,970 0.17 195,459 0.24 Cayman Islands Consolidated Water Co. Ltd. USD 1,619 57,135 0.07 Credo Technology Group Holding Ltd. USD 370 53,239 0.07 Fabrinet USD 131 59,642 0.07 Patria Investments Ltd. 'A' USD 3,709 58,936 0.07 Tecnoglass, Inc. USD 1,140 57,365 0.07 Theravance Biopharma, Inc. USD 3,088 57,776 0.07 344,093 0.42 Denmark ALK-Abello A/S DKK 2,268 81,313 0.10 Genmab A/S DKK 246 75,970 0.09 Vestas Wind Systems A/S DKK 22,016 594,033 0.73 Zealand Pharma A/S DKK 672 48,873 0.06 800,189 0.98 Finland Elisa Oyj EUR 1,906 84,535 0.10 Hiab Oyj EUR 8,910 517,954 0.63 Kemira Oyj EUR 25,289 581,124 0.71 Kone Oyj 'B' EUR 9,333 661,550 0.81 Konecranes Oyj EUR 4,785 524,652 0.64 Orion Oyj 'B' EUR 1,106 82,536 0.10 Valmet Oyj EUR 9,054 299,585 0.37 Wartsila Oyj Abp EUR 16,436 581,133 0.71 3,333,069 4.07 Germany Beiersdorf AG EUR 740 81,382 0.10 Bilfinger SE EUR 3,906 492,659 0.60 Continental AG EUR 5,427 432,963 0.53

Investments Currency Quantity/ Nominal Value Market Value % of Net Assets Deutsche Post AG EUR 10,532 576,493 0.70 Deutsche Telekom AG EUR 17,774 576,173 0.70 Freenet AG EUR 15,971 550,060 0.67 Fresenius Medical Care AG EUR 11,905 570,004 0.70 FUCHS SE Preference EUR 9,546 427,308 0.52 Henkel AG & Co. KGaA Preference EUR 1,532 125,129 0.15 K + S AG EUR 40,362 588,526 0.72 Mercedes-Benz Group AG EUR 5,818 410,308 0.50 Nemetschek SE EUR 713 77,695 0.10 Nordex SE EUR 16,972 580,260 0.71 Rational AG EUR 105 81,223 0.10 Talanx AG EUR 3,695 492,913 0.60 thyssenkrupp AG EUR 9,436 101,949 0.12 TUI AG EUR 7,915 83,474 0.10 6,248,519 7.62 Guernsey Amdocs Ltd. USD 446 35,907 0.04 35,907 0.04 Ireland AIB Group plc EUR 21,576 231,701 0.28 Alkermes plc USD 1,952 54,617 0.07 Ryanair Holdings plc EUR 17,036 591,247 0.72 Willis Towers Watson plc USD 420 138,012 0.17 1,015,577 1.24 Israel Check Point Software Technologies Ltd. USD 709 131,562 0.16 131,562 0.16 Italy A2A SpA EUR 159,119 431,213 0.53 Azimut Holding SpA EUR 12,840 536,090 0.66 Banca Monte dei Paschi di Siena SpA EUR 33,595 357,412 0.44 De' Longhi SpA EUR 1,767 75,362 0.09 Enel SpA EUR 54,999 572,675 0.70 Generali EUR 12,969 544,039 0.67 Hera SpA EUR 120,596 568,631 0.70 Moncler SpA EUR 1,149 73,800 0.09 Reply SpA EUR 574 77,134 0.09 Saipem SpA EUR 109,642 312,405 0.38 Unipol Assicurazioni SpA EUR 16,570 398,328 0.49 3,947,089 4.84 Jersey Caledonia Mining Corp. plc USD 2,176 56,946 0.07 Janus Henderson Group plc USD 2,848 135,479 0.17 192,425 0.24 Marshall Islands DHT Holdings, Inc. USD 4,329 52,857 0.06 52,857 0.06 Netherlands Adyen NV, 144A EUR 48 76,966 0.09 Argenx SE EUR 87 73,177 0.09 ASM International NV EUR 126 75,907 0.09 ASML Holding NV EUR 70 74,776 0.09 Heineken Holding NV EUR 7,912 580,000 0.71 Koninklijke Ahold Delhaize NV EUR 13,855 567,870 0.69 Signify NV, 144A EUR 10,702 262,869 0.32 Wolters Kluwer NV EUR 761 78,961 0.10 1,790,526 2.18

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 31

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 32

Investments Currency Quantity/ Nominal Value Market Value % of Net Assets Norway Norsk Hydro ASA NOK 70,318 542,953 0.66 542,953 0.66 Portugal Jeronimo Martins SGPS SA EUR 5,958 141,831 0.17 141,831 0.17 Singapore Flex Ltd. USD 2,019 121,988 0.15 121,988 0.15 Sweden AAK AB SEK 2,826 80,842 0.10 AddTech AB 'B' SEK 2,174 77,153 0.09 Atlas Copco AB 'A' SEK 4,314 77,185 0.09 Axfood AB SEK 2,851 89,837 0.11 Camurus AB SEK 1,186 78,896 0.10 Epiroc AB 'A' SEK 3,496 78,998 0.10 Essity AB 'B' SEK 20,139 579,385 0.71 Evolution AB, 144A SEK 1,200 81,558 0.10 H & M Hennes & Mauritz AB 'B' SEK 23,786 477,818 0.58 Sectra AB 'B' SEK 2,724 73,792 0.09 Securitas AB 'B' SEK 36,765 585,038 0.72 SKF AB 'B' SEK 18,388 488,052 0.60 Sweco AB 'B' SEK 4,581 74,902 0.09 Tele2 AB 'B' SEK 5,115 85,714 0.10 Telefonaktiebolaget LM Ericsson 'B' SEK 51,244 499,586 0.61 3,428,756 4.19 Switzerland ABB Ltd. CHF 1,052 77,750 0.10 Belimo Holding AG CHF 79 76,909 0.09 Bucher Industries AG CHF 1,342 622,037 0.76 EMS-Chemie Holding AG CHF 119 82,326 0.10 Garmin Ltd. USD 285 57,812 0.07 Geberit AG CHF 103 80,219 0.10 Givaudan SA CHF 20 79,497 0.10 Helvetia Baloise Holding AG CHF 1 138 Holcim AG CHF 5,001 490,172 0.60 Kuehne + Nagel International AG CHF 372 80,116 0.10 Logitech International SA CHF 5,061 515,328 0.63 Novartis AG CHF 4,808 664,043 0.81 Roche Holding AG CHF 1,415 584,664 0.71 Schindler Holding AG CHF 1,553 585,154 0.72 SFS Group AG CHF 599 81,883 0.10 SGS SA CHF 718 82,299 0.10 Sonova Holding AG CHF 310 79,970 0.10 Straumann Holding AG CHF 661 77,388 0.09 4,317,705 5.28 United Kingdom Anglogold Ashanti plc USD 673 57,393 0.07 TechnipFMC plc USD 1,247 55,566 0.07 112,959 0.14 United States of America A O Smith Corp. USD 847 56,647 0.07 ACADIA Pharmaceuticals, Inc. USD 2,225 59,430 0.07 ADMA Biologics, Inc. USD 3,112 56,763 0.07 ADT, Inc. USD 16,418 132,493 0.16 Alcoa Corp. USD 2,753 146,294 0.18 Allison Transmission Holdings, Inc. USD 664 65,006 0.08

Investments Currency Quantity/ Nominal Value Market Value % of Net Assets Allstate Corp. (The) USD 656 136,546 0.17 American Financial Group, Inc. USD 997 136,270 0.17 Amneal Pharmaceuticals, Inc. USD 5,469 68,909 0.08 Appfolio, Inc. 'A' USD 244 56,767 0.07 Applied Industrial Technologies, Inc. USD 221 56,746 0.07 Argan, Inc. USD 168 52,638 0.06 Artisan Partners Asset Management, Inc. 'A' USD 1,345 54,795 0.07 Assurant, Inc. USD 584 140,656 0.17 Astera Labs, Inc. USD 388 64,548 0.08 Avery Dennison Corp. USD 758 137,865 0.17 Axcelis Technologies, Inc. USD 682 54,792 0.07 AZZ, Inc. USD 538 57,663 0.07 Badger Meter, Inc. USD 319 55,637 0.07 Balchem Corp. USD 243 37,266 0.05 Best Buy Co., Inc. USD 1,766 118,198 0.14 Biogen, Inc. USD 764 134,456 0.16 BK Technologies Corp. USD 839 62,581 0.08 Blue Bird Corp. USD 1,096 51,512 0.06 Box, Inc. 'A' USD 1,841 55,064 0.07 Brinker International, Inc. USD 901 129,312 0.16 Bristol-Myers Squibb Co. USD 1,917 103,403 0.13 Buckle, Inc. (The) USD 995 53,153 0.07 Cactus, Inc. 'A' USD 1,292 59,019 0.07 Cal-Maine Foods, Inc. USD 653 51,959 0.06 Cantaloupe, Inc. USD 5,279 56,063 0.07 Cargurus, Inc. USD 1,559 59,788 0.07 Carlisle Cos., Inc. USD 176 56,295 0.07 Catalyst Pharmaceuticals, Inc. USD 2,419 56,459 0.07 Cavco Industries, Inc. USD 97 57,302 0.07 CF Industries Holdings, Inc. USD 1,735 134,185 0.16 CH Robinson Worldwide, Inc. USD 1,080 173,621 0.21 Champion Homes, Inc. USD 681 57,545 0.07 Chemed Corp. USD 130 55,622 0.07 Cincinnati Financial Corp. USD 814 132,942 0.16 Cirrus Logic, Inc. USD 1,541 182,609 0.22 Clear Secure, Inc. 'A' USD 1,582 55,497 0.07 Climb Global Solutions, Inc. USD 528 54,273 0.07 CNA Financial Corp. USD 728 34,755 0.04 Coca-Cola Consolidated, Inc. USD 211 32,346 0.04 Coeur Mining, Inc. USD 3,516 62,690 0.08 Cognizant Technology Solutions Corp. 'A' USD 2,345 194,635 0.24 Comfort Systems USA, Inc. USD 61 56,931 0.07 Consolidated Edison, Inc. USD 363 36,053 0.04 Corcept Therapeutics, Inc. USD 697 24,256 0.03 CorMedix, Inc. USD 5,306 61,709 0.08 CorVel Corp. USD 787 53,256 0.07 Crane Co. USD 308 56,804 0.07 Cricut, Inc. 'A' USD 11,399 56,425 0.07 CSW Industrials, Inc. USD 199 58,412 0.07 Daily Journal Corp. USD 120 58,478 0.07 Deckers Outdoor Corp. USD 1,558 161,518 0.20 Devon Energy Corp. USD 3,581 131,172 0.16 Dillard's, Inc. 'A' USD 285 172,807 0.21 DNOW, Inc. USD 4,137 54,815 0.07 Docusign, Inc. USD 828 56,635 0.07 Dolby Laboratories, Inc. 'A' USD 847 54,394 0.07

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 32

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

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Investments Currency Quantity/ Nominal Value Market Value % of Net Assets Dollar Tree, Inc. USD 1,105 135,926 0.17 Donaldson Co., Inc. USD 208 18,441 0.02 Doximity, Inc. 'A' USD 1,180 52,250 0.06 Dropbox, Inc. 'A' USD 4,591 127,630 0.16 Duolingo, Inc. USD 309 54,230 0.07 Dynatrace, Inc. USD 1,260 54,608 0.07 eBay, Inc. USD 1,611 140,318 0.17 eGain Corp. USD 1,906 19,613 0.02 EMCOR Group, Inc. USD 94 57,508 0.07 Energy Recovery, Inc. USD 3,914 52,800 0.06 Enerpac Tool Group Corp. USD 992 37,934 0.05 Ennis, Inc. USD 3,198 57,596 0.07 EPAM Systems, Inc. USD 289 59,210 0.07 ePlus, Inc. USD 632 55,426 0.07 ESCO Technologies, Inc. USD 187 36,538 0.04 Evercore, Inc. 'A' USD 555 188,839 0.23 EverQuote, Inc. 'A' USD 2,164 58,428 0.07 Exelixis, Inc. USD 4,440 194,605 0.24 ExlService Holdings, Inc. USD 1,387 58,864 0.07 Expedia Group, Inc. USD 121 34,281 0.04 Expeditors International of Washington, Inc. USD 1,281 190,882 0.23 Exponent, Inc. USD 782 54,318 0.07 F&G Annuities & Life, Inc. USD 66 2,036 F5, Inc. USD 763 194,763 0.24 Fastenal Co. USD 1,373 55,098 0.07 Federal Signal Corp. USD 513 55,707 0.07 FedEx Corp. USD 472 136,342 0.17 Fidelity National Financial, Inc. USD 567 30,953 0.04 First Solar, Inc. USD 221 57,732 0.07 FNB Corp. USD 7,560 129,276 0.16 Fox Corp. 'A' USD 1,917 140,075 0.17 Gap, Inc. (The) USD 4,758 121,805 0.15 Gentex Corp. USD 2,448 56,965 0.07 Gilead Sciences, Inc. USD 1,112 136,487 0.17 Global Industrial Co. USD 1,972 57,622 0.07 Globus Medical, Inc. 'A' USD 655 57,188 0.07 Goldman Sachs Group, Inc. (The) USD 150 131,850 0.16 Graco, Inc. USD 685 56,149 0.07 Grand Canyon Education, Inc. USD 351 58,375 0.07 Green Brick Partners, Inc. USD 865 54,201 0.07 Hackett Group, Inc. (The) USD 970 19,041 0.02 Halozyme Therapeutics, Inc. USD 2,318 156,001 0.19 Hamilton Lane, Inc. 'A' USD 443 59,499 0.07 Hanover Insurance Group, Inc. (The) USD 740 135,250 0.17 Harmony Biosciences Holdings, Inc. USD 1,549 57,964 0.07 Hartford Insurance Group, Inc. (The) USD 996 137,249 0.17 HCI Group, Inc. USD 101 19,361 0.02 Home BancShares, Inc. USD 4,656 129,344 0.16 Houlihan Lokey, Inc. USD 321 55,915 0.07 Hudson Technologies, Inc. USD 7,800 53,430 0.07 Huntington Bancshares, Inc. USD 7,595 131,773 0.16 I3 Verticals, Inc. 'A' USD 767 19,321 0.02 Idaho Strategic Resources, Inc. USD 1,477 59,523 0.07 IDEXX Laboratories, Inc. USD 80 54,122 0.07

Investments Currency Quantity/ Nominal Value Market Value % of Net Assets IDT Corp. 'B' USD 1,110 56,843 0.07 IES Holdings, Inc. USD 142 55,241 0.07 Illumina, Inc. USD 999 131,029 0.16 Incyte Corp. USD 1,923 189,935 0.23 Innovex International, Inc. USD 2,484 54,325 0.07 InterDigital, Inc. USD 552 175,746 0.21 Interparfums, Inc. USD 680 57,684 0.07 Investors Title Co. USD 214 53,423 0.07 iRadimed Corp. USD 615 59,827 0.07 Jack Henry & Associates, Inc. USD 1,068 194,889 0.24 Jones Lang LaSalle, Inc. USD 398 133,915 0.16 Keros Therapeutics, Inc. USD 904 18,405 0.02 Kforce, Inc. USD 1,285 39,732 0.05 Kingstone Cos., Inc. USD 1,298 21,845 0.03 Kinsale Capital Group, Inc. USD 149 58,277 0.07 Kroger Co. (The) USD 549 34,302 0.04 Krystal Biotech, Inc. USD 257 63,361 0.08 Landstar System, Inc. USD 150 21,555 0.03 Leidos Holdings, Inc. USD 730 131,692 0.16 LeMaitre Vascular, Inc. USD 656 53,202 0.07 Lennar Corp. 'A' USD 1,129 116,061 0.14 Lennox International, Inc. USD 118 57,298 0.07 Leonardo DRS, Inc. USD 3,936 134,178 0.16 Liquidity Services, Inc. USD 2,036 61,711 0.08 Lululemon Athletica, Inc. USD 306 63,590 0.08 M&T Bank Corp. USD 662 133,380 0.16 Macy's, Inc. USD 5,634 124,230 0.15 Magnolia Oil & Gas Corp. 'A' USD 2,471 54,090 0.07 Manhattan Associates, Inc. USD 320 55,459 0.07 Maplebear, Inc. USD 1,299 58,429 0.07 MarketAxess Holdings, Inc. USD 332 60,175 0.07 Marzetti Company (The) USD 331 54,423 0.07 Medpace Holdings, Inc. USD 97 54,480 0.07 MercadoLibre, Inc. USD 65 130,927 0.16 MetLife, Inc. USD 1,649 130,172 0.16 Mettler-Toledo International, Inc. USD 40 55,768 0.07 MGIC Investment Corp. USD 6,629 193,699 0.24 MGM Resorts International USD 2,655 96,881 0.12 MiMedx Group, Inc. USD 8,206 55,555 0.07 Moelis & Co. 'A' USD 860 59,116 0.07 Monarch Casino & Resort, Inc. USD 189 18,087 0.02 Monolithic Power Systems, Inc. USD 62 56,194 0.07 Morgan Stanley USD 742 131,727 0.16 Mueller Industries, Inc. USD 805 92,414 0.11 Napco Security Technologies, Inc. USD 1,362 56,795 0.07 Nathan's Famous, Inc. USD 589 55,113 0.07 National Beverage Corp. USD 577 18,401 0.02 National Fuel Gas Co. USD 1,683 134,741 0.16 NerdWallet, Inc. 'A' USD 3,841 52,046 0.06 NetApp, Inc. USD 1,649 176,591 0.22 Neurocrine Biosciences, Inc. USD 390 55,314 0.07 New York Times Co. (The) 'A' USD 853 59,215 0.07 NewMarket Corp. USD 259 178,000 0.22 Newmont Corp. USD 1,421 141,887 0.17 Nexstar Media Group, Inc. USD 670 136,044 0.17 Nextpower, Inc. 'A' USD 641 55,838 0.07 Niagen Bioscience, Inc. USD 8,546 54,353 0.07

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 33

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

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Investments Currency Quantity/ Nominal Value Market Value % of Net Assets NMI Holdings, Inc. USD 1,458 59,472 0.07 Northern Trust Corp. USD 967 132,083 0.16 NRG Energy, Inc. USD 800 127,392 0.16 NVE Corp. USD 866 51,380 0.06 NVR, Inc. USD 26 189,612 0.23 Oil-Dri Corp. of America USD 1,038 50,800 0.06 Old Dominion Freight Line, Inc. USD 390 61,152 0.07 Old Republic International Corp. USD 3,018 137,742 0.17 Omnicom Group, Inc. USD 449 36,257 0.04 OneSpan, Inc. USD 4,536 58,242 0.07 Onto Innovation, Inc. USD 388 61,250 0.07 Oshkosh Corp. USD 1,011 127,012 0.16 Paycom Software, Inc. USD 342 54,501 0.07 PC Connection, Inc. USD 955 55,161 0.07 Pegasystems, Inc. USD 3,239 193,433 0.24 Penumbra, Inc. USD 192 59,695 0.07 Perdoceo Education Corp. USD 1,939 56,871 0.07 Photronics, Inc. USD 2,245 71,840 0.09 Pilgrim's Pride Corp. USD 3,544 138,181 0.17 Pinterest, Inc. 'A' USD 728 18,848 0.02 PJT Partners, Inc. 'A' USD 335 56,012 0.07 Powell Industries, Inc. USD 182 58,018 0.07 PrimeEnergy Resources Corp. USD 211 36,081 0.04 Primerica, Inc. USD 521 134,606 0.16 Principal Financial Group, Inc. USD 1,499 132,227 0.16 Progyny, Inc. USD 2,216 56,907 0.07 Prosperity Bancshares, Inc. USD 1,414 97,722 0.12 Protagonist Therapeutics, Inc. USD 646 56,422 0.07 PTC Therapeutics, Inc. USD 498 37,828 0.05 PTC, Inc. USD 213 37,107 0.05 PulteGroup, Inc. USD 1,536 180,111 0.22 Qualys, Inc. USD 392 52,097 0.06 Rambus, Inc. USD 605 55,593 0.07 Raymond James Financial, Inc. USD 815 130,881 0.16 Red Violet, Inc. USD 1,035 58,943 0.07 Reddit, Inc. 'A' USD 267 61,375 0.08 Regions Financial Corp. USD 4,901 132,817 0.16 ResMed, Inc. USD 227 54,677 0.07 REV Group, Inc. USD 1,013 61,601 0.08 Revolve Group, Inc. USD 2,234 67,444 0.08 Rigel Pharmaceuticals, Inc. USD 1,290 55,251 0.07 Rollins, Inc. USD 935 56,119 0.07 Rush Street Interactive, Inc. USD 3,059 59,436 0.07 SEI Investments Co. USD 2,306 189,138 0.23 SIGA Technologies, Inc. USD 9,088 55,528 0.07 Snap-on, Inc. USD 550 189,530 0.23 Sprinklr, Inc. 'A' USD 7,465 58,078 0.07 SPS Commerce, Inc. USD 672 59,895 0.07 Sterling Infrastructure, Inc. USD 180 55,121 0.07 Stifel Financial Corp. USD 1,029 128,851 0.16 Stoke Therapeutics, Inc. USD 1,828 58,021 0.07 Strattec Security Corp. USD 472 35,938 0.04 Stride, Inc. USD 873 56,684 0.07 Synchrony Financial USD 1,570 130,985 0.16 T Rowe Price Group, Inc. USD 1,809 185,205 0.23 Taylor Morrison Home Corp. USD 2,181 128,395 0.16 Teradyne, Inc. USD 308 59,616 0.07

Investments Currency Quantity/ Nominal Value Market Value % of Net Assets Texas Pacific Land Corp. USD 183 52,561 0.06 Textron, Inc. USD 1,542 134,416 0.16 Toast, Inc. 'A' USD 1,625 57,704 0.07 Toll Brothers, Inc. USD 955 129,135 0.16 Tootsie Roll Industries, Inc. USD 1,466 53,700 0.07 Trade Desk, Inc. (The) 'A' USD 462 17,538 0.02 Tradeweb Markets, Inc. 'A' USD 526 56,566 0.07 Travelers Cos., Inc. (The) USD 469 136,038 0.17 Tyler Technologies, Inc. USD 123 55,836 0.07 Ubiquiti, Inc. USD 103 56,995 0.07 UGI Corp. USD 3,548 132,802 0.16 UiPath, Inc. 'A' USD 2,439 39,975 0.05 Ulta Beauty, Inc. USD 103 62,316 0.08 United Bankshares, Inc. USD 839 32,218 0.04 United States Lime & Minerals, Inc. USD 464 55,559 0.07 United Therapeutics Corp. USD 115 56,034 0.07 Universal Display Corp. USD 483 56,405 0.07 Universal Health Services, Inc. 'B' USD 139 30,305 0.04 Urban Outfitters, Inc. USD 1,644 123,727 0.15 US Bancorp USD 2,519 134,414 0.16 Valley National Bancorp USD 8,323 97,213 0.12 Valmont Industries, Inc. USD 317 127,535 0.16 Veeva Systems, Inc. 'A' USD 233 52,013 0.06 VeriSign, Inc. USD 227 55,150 0.07 Verizon Communications, Inc. USD 3,380 137,667 0.17 Vicor Corp. USD 614 67,294 0.08 Visteon Corp. USD 557 52,971 0.06 Vita Coco Co., Inc. (The) USD 1,103 58,470 0.07 W R Berkley Corp. USD 1,966 137,856 0.17 Watsco, Inc. USD 162 54,586 0.07 Watts Water Technologies, Inc. 'A' USD 206 56,860 0.07 WD-40 Co. USD 282 55,526 0.07 Webster Financial Corp. USD 2,057 129,468 0.16 West Pharmaceutical Services, Inc. USD 208 57,229 0.07 Western Alliance Bancorp USD 380 31,947 0.04 Williams-Sonoma, Inc. USD 312 55,720 0.07 Winmark Corp. USD 132 53,452 0.07 WW Grainger, Inc. USD 57 57,516 0.07 XPEL, Inc. USD 1,199 59,842 0.07 Yelp, Inc. USD 1,873 56,920 0.07 YETI Holdings, Inc. USD 1,382 61,043 0.07 Yum China Holdings, Inc. USD 2,829 135,056 0.17 Zions Bancorp NA USD 2,266 132,652 0.16 Zoom Communications, Inc. USD 660 56,951 0.07 22,361,317 27.40 Total Equities 50,659,479 61.95 Total Transferable securities and money market instruments admitted to an official exchange listing 55,126,213 67.41

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 34

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

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Investments Currency Quantity/ Nominal Value Market Value % of Net Assets Units of authorised UCITS or other collective investment undertakings Collective Investment Schemes Ireland Aviva Investors Liquidity Funds plc - USD Liquity Fund USD 12,050,000 12,050,000 14.74 12,050,000 14.74 Total Collective Investment Schemes 12,050,000 14.74 Total Units of authorised UCITS or other collective investment undertakings 12,050,000 14.74 Total investments 67,176,213 82.15 Cash/(bank overdraft) 14,440,374 17.66 Other assets/(liabilities) 155,894 0.19 Total net assets 81,772,481 100.00

Forward Currency Exchange Contracts

Currency Purchased Amount Purchased Currency Sold Amount Sold Maturity Date Counterparty

Unrealised Gain/ (Loss) % of Net Assets AUD 50,000 USD 32,800 21/01/2026 Merrill Lynch 547 AUD 1,150,000 USD 757,162 21/01/2026 Morgan Stanley 9,816 0.01 AUD 190,000 USD 125,039 18/02/2026 Deutsche Bank 1,682 AUD 220,000 USD 143,404 18/02/2026 Morgan Stanley 3,326 0.01 AUD 60,000 USD 39,161 18/02/2026 Standard Chartered Bank 856 AUD 60,000 USD 39,844 18/03/2026 Goldman Sachs 169 AUD 480,000 USD 319,451 18/03/2026 Societe Generale 654 CAD 111,506 USD 80,000 21/01/2026 Merrill Lynch 1,425 CAD 1,114,993 USD 800,000 21/01/2026 Societe Generale 14,196 0.02 CAD 716,166 USD 520,000 18/02/2026 Deutsche Bank 3,596 0.01 CAD 401,803 USD 290,000 18/02/2026 Goldman Sachs 3,762 0.01 CAD 1,902,496 USD 1,370,000 18/02/2026 Merrill Lynch 20,932 0.03 CAD 586,358 USD 420,000 18/02/2026 Morgan Stanley 8,692 0.01 CAD 452,323 USD 330,000 18/03/2026 Goldman Sachs 1,080 CAD 109,939 USD 80,000 18/03/2026 Morgan Stanley 470 CAD 2,475,399 USD 1,800,000 18/03/2026 Societe Generale 11,881 0.02 CAD 755,244 USD 550,000 18/03/2026 Standard Chartered Bank 2,805 CHF 130,440 USD 163,316 16/01/2026 Goldman Sachs 1,615 CHF 213,259 USD 269,480 16/01/2026 Merrill Lynch 169 CHF 475,863 USD 597,116 16/01/2026 Morgan Stanley 4,575 0.01 CHF 60,900 USD 75,904 16/01/2026 Societe Generale 1,099 CHF 15,859 USD 20,000 21/01/2026 Standard Chartered Bank 63 CHF 2,194,938 USD 2,770,000 18/02/2026 Societe Generale 15,167 0.02 CHF 110,309 USD 140,000 18/03/2026 Standard Chartered Bank 390 CLP 2,150,144,000 USD 2,270,000 21/01/2026 Morgan Stanley 117,336 0.14 CLP 952,662,419 USD 1,030,000 18/02/2026 Goldman Sachs 28,293 0.04 CLP 337,813,700 USD 370,000 18/03/2026 Deutsche Bank 5,248 0.01 COP 5,265,390,200 USD 1,330,000 21/01/2026 Goldman Sachs 48,058 0.06 CZK 32,826,080 USD 1,580,000 21/01/2026 Morgan Stanley 15,464 0.02 CZK 37,443,334 USD 1,810,000 18/02/2026 Goldman Sachs 10,671 0.01 CZK 206,763 USD 10,000 18/02/2026 Merrill Lynch 54 CZK 2,888,228 USD 140,000 18/03/2026 Goldman Sachs 498 CZK 412,929 USD 20,000 18/03/2026 Standard Chartered Bank 87 DKK 335,500 USD 52,646 16/01/2026 BNP Paribas 159 DKK 266,700 USD 41,341 16/01/2026 Deutsche Bank 636 DKK 1,701,602 USD 265,471 16/01/2026 Merrill Lynch 2,348 DKK 4,286,526 USD 667,686 16/01/2026 Morgan Stanley 6,981 0.01 DKK 340,700 USD 53,402 16/01/2026 Societe Generale 221 DKK 3,694 USD 578 16/01/2026 Standard Chartered Bank 3 EUR 3,174,906 USD 3,692,631 12/01/2026 BNY Mellon 38,252 0.05 EUR 434,171 USD 510,008 16/01/2026 Deutsche Bank 291 EUR 44,000 USD 51,628 16/01/2026 Merrill Lynch 87 -

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 35

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 36

Forward Currency Exchange Contracts (continued)

Currency Purchased Amount Purchased Currency Sold Amount Sold Maturity Date Counterparty

Unrealised Gain/ (Loss) % of Net Assets EUR 942,924 USD 1,104,964 16/01/2026 Morgan Stanley 3,292 0.01 EUR 1,135,211 USD 1,321,033 16/01/2026 Standard Chartered Bank 13,225 0.02 EUR 3,174,906 USD 3,704,874 20/01/2026 BNY Mellon 27,424 0.03 EUR 30,000 USD 34,690 21/01/2026 Goldman Sachs 579 EUR 30,000 USD 35,031 21/01/2026 Merrill Lynch 238 EUR 10,000 USD 11,525 21/01/2026 Morgan Stanley 231 EUR 40,000 USD 46,325 21/01/2026 Royal Bank of Canada 700 EUR 270,000 USD 315,060 21/01/2026 Standard Chartered Bank 2,357 EUR 10,000 USD 11,658 18/02/2026 BNP Paribas 114 EUR 100,000 USD 116,799 18/02/2026 Merrill Lynch 918 EUR 220,000 USD 257,508 18/02/2026 Standard Chartered Bank 1,470 EUR 150,000 USD 176,583 18/03/2026 Morgan Stanley 230 GBP 1,890,025 USD 2,494,710 12/01/2026 BNY Mellon 47,438 0.06 GBP 1,890,025 USD 2,520,482 20/01/2026 BNY Mellon 21,636 0.03 GBP 80,000 USD 105,574 21/01/2026 BNP Paribas 2,027 GBP 20,000 USD 26,166 21/01/2026 Merrill Lynch 734 GBP 30,000 USD 39,389 21/01/2026 Morgan Stanley 962 GBP 530,000 USD 706,543 21/01/2026 Societe Generale 6,316 0.01 GBP 60,000 USD 79,281 21/01/2026 Standard Chartered Bank 1,420 GBP 1,890,025 USD 2,536,461 27/01/2026 BNY Mellon 5,630 0.01 GBP 10,000 USD 13,359 18/02/2026 BNP Paribas 90 GBP 900,000 USD 1,189,899 18/02/2026 Standard Chartered Bank 20,522 0.03 GBP 60,000 USD 80,204 18/03/2026 Goldman Sachs 482 GBP 20,000 USD 26,682 18/03/2026 Nomura 213 GBP 10,000 USD 13,372 18/03/2026 Standard Chartered Bank 75 HUF 6,805,066 USD 20,000 21/01/2026 BNP Paribas 786 HUF 16,825,891 USD 50,000 21/01/2026 Deutsche Bank 1,395 HUF 37,052,896 USD 110,000 21/01/2026 Goldman Sachs 3,178 HUF 40,244,708 USD 120,000 21/01/2026 Merrill Lynch 2,928 HUF 23,710,702 USD 70,000 21/01/2026 Morgan Stanley 2,424 HUF 3,330,920 USD 10,000 18/02/2026 Deutsche Bank 155 HUF 89,506,231 USD 270,000 18/02/2026 Goldman Sachs 2,871 HUF 167,878,940 USD 510,000 18/02/2026 Merrill Lynch 1,800 HUF 6,612,856 USD 20,000 18/02/2026 Morgan Stanley 160 HUF 9,864,736 USD 30,000 18/03/2026 Deutsche Bank 18 HUF 102,622,997 USD 310,000 18/03/2026 Merrill Lynch 2,282 HUF 282,783,102 USD 860,000 18/03/2026 Morgan Stanley 509 HUF 19,866,286 USD 60,000 18/03/2026 Standard Chartered Bank 453 IDR 25,974,900,000 USD 1,550,000 18/02/2026 Goldman Sachs 3,914 0.01 INR 1,810,183 USD 20,000 18/02/2026 Deutsche Bank 54 INR 401,345,280 USD 4,410,000 18/03/2026 Standard Chartered Bank 23,530 0.03 KRW 1,851,611,105 USD 1,270,000 19/02/2026 Goldman Sachs 15,648 0.02 KRW 43,959,600 USD 30,000 19/02/2026 Royal Bank of Canada 523 KRW 1,912,877,200 USD 1,300,000 18/03/2026 Morgan Stanley 29,764 0.04 KRW 29,422,864 USD 20,000 18/03/2026 Royal Bank of Canada 454 MXN 923,001 USD 50,000 21/01/2026 Morgan Stanley 1,232 MXN 64,368,671 USD 3,500,000 21/01/2026 Standard Chartered Bank 72,848 0.09 MXN 557,467 USD 30,000 18/02/2026 Goldman Sachs 857 MXN 63,534,787 USD 3,470,000 18/02/2026 Standard Chartered Bank 46,829 0.06 MXN 1,451,775 USD 80,000 18/03/2026 Morgan Stanley 127 MXN 907,080 USD 50,000 18/03/2026 Standard Chartered Bank 64 MYR 6,067,027 USD 1,470,000 21/01/2026 Goldman Sachs 27,261 0.03 MYR 1,305,217 USD 310,000 21/01/2026 Morgan Stanley 12,110 0.02 MYR 5,432,549 USD 1,330,000 19/02/2026 Goldman Sachs 12,607 0.02 MYR 616,502 USD 150,000 19/02/2026 Morgan Stanley 2,363 NOK 291,029 USD 28,583 16/01/2026 Deutsche Bank 272 NOK 695,780 USD 68,661 16/01/2026 Merrill Lynch 325 NOK 342,344 USD 33,589 16/01/2026 Morgan Stanley 354 -

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 36

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 37

Forward Currency Exchange Contracts (continued)

Currency Purchased Amount Purchased Currency Sold Amount Sold Maturity Date Counterparty

Unrealised Gain/ (Loss) % of Net Assets NOK 909,543 USD 90,000 18/02/2026 Merrill Lynch 170 NOK 915,936 USD 90,000 18/02/2026 Morgan Stanley 804 NOK 304,839 USD 30,000 18/02/2026 Royal Bank of Canada 221 NOK 22,231,552 USD 2,200,000 18/03/2026 Deutsche Bank 3,450 0.01 NZD 90,000 USD 51,316 18/02/2026 BNP Paribas 539 PEN 3,745,074 USD 1,100,000 21/01/2026 Deutsche Bank 12,806 0.02 PEN 1,190,455 USD 350,000 21/01/2026 Goldman Sachs 3,730 0.01 PEN 2,966,395 USD 880,000 18/02/2026 Goldman Sachs 570 PHP 5,944,720 USD 100,000 18/02/2026 Merrill Lynch 632 PHP 1,773,990 USD 30,000 18/02/2026 Morgan Stanley 30 PHP 3,552,244 USD 60,000 18/02/2026 Royal Bank of Canada 132 PLN 438,615 USD 120,000 21/01/2026 Goldman Sachs 1,984 PLN 5,822,388 USD 1,600,000 21/01/2026 Morgan Stanley 19,269 0.02 PLN 2,001,720 USD 550,000 18/02/2026 Goldman Sachs 6,607 0.01 PLN 1,277,449 USD 350,000 18/02/2026 Merrill Lynch 5,213 0.01 PLN 2,212,927 USD 610,000 18/02/2026 Morgan Stanley 5,337 0.01 PLN 72,394 USD 20,000 18/02/2026 Royal Bank of Canada 130 PLN 146,495 USD 40,000 18/02/2026 Societe Generale 735 PLN 323,827 USD 90,000 18/03/2026 Merrill Lynch 35 PLN 252,387 USD 70,000 18/03/2026 Morgan Stanley 172 SEK 740,835 USD 79,151 16/01/2026 BNP Paribas 1,278 SEK 391,800 USD 41,452 16/01/2026 Deutsche Bank 1,084 SEK 1,330,861 USD 140,798 16/01/2026 Goldman Sachs 3,688 0.01 SEK 2,425,789 USD 261,511 16/01/2026 Merrill Lynch 1,847 SEK 6,850,854 USD 728,018 16/01/2026 Morgan Stanley 15,751 0.02 SEK 170,542 USD 18,251 16/01/2026 Societe Generale 264 SEK 10,020,164 USD 1,070,000 21/01/2026 Goldman Sachs 18,138 0.02 SEK 468,081 USD 50,000 21/01/2026 Merrill Lynch 831 SEK 282,090 USD 30,000 21/01/2026 Standard Chartered Bank 634 SEK 842,201 USD 90,000 18/02/2026 Deutsche Bank 1,594 SEK 2,338,382 USD 250,000 18/02/2026 Merrill Lynch 4,313 0.01 SEK 8,149,956 USD 880,000 18/02/2026 Morgan Stanley 6,356 0.01 SGD 5,007,372 USD 3,870,000 21/01/2026 Goldman Sachs 29,265 0.04 SGD 12,969 USD 10,000 21/01/2026 Standard Chartered Bank 99 SGD 192,871 USD 150,000 19/02/2026 Deutsche Bank 472 SGD 4,526,506 USD 3,520,000 19/02/2026 Goldman Sachs 11,458 0.02 SGD 129,061 USD 100,000 19/02/2026 Morgan Stanley 690 SGD 12,879 USD 10,000 19/02/2026 Societe Generale 48 SGD 116,291 USD 90,000 19/02/2026 Standard Chartered Bank 727 SGD 64,198 USD 50,000 18/03/2026 Deutsche Bank 175 SGD 64,250 USD 50,000 18/03/2026 Goldman Sachs 215 SGD 883,293 USD 690,000 18/03/2026 Standard Chartered Bank 342 THB 80,086,020 USD 2,490,000 21/01/2026 Goldman Sachs 55,309 0.07 THB 2,903,968 USD 90,000 21/01/2026 Standard Chartered Bank 2,294 THB 635,328 USD 20,000 18/02/2026 Deutsche Bank 231 THB 88,790,787 USD 2,800,000 18/02/2026 Goldman Sachs 27,443 0.03 THB 1,913,829 USD 60,000 18/02/2026 Societe Generale 944 THB 646,432 USD 20,000 18/02/2026 Standard Chartered Bank 585 THB 9,118,267 USD 290,000 18/03/2026 Standard Chartered Bank 1,101 TWD 14,831,870 USD 470,000 18/03/2026 Goldman Sachs 1,143 TWD 2,210,852 USD 70,000 18/03/2026 Standard Chartered Bank 229 USD 2,440,000 BRL 13,070,421 21/01/2026 Goldman Sachs 67,810 0.08 USD 10,000 BRL 54,944 21/01/2026 Societe Generale 28 USD 2,440,000 BRL 13,458,581 18/02/2026 Goldman Sachs 12,175 0.02 USD 80,000 BRL 439,486 18/02/2026 Societe Generale 720 USD 160,000 BRL 886,074 18/03/2026 Goldman Sachs 1,235 USD 10,000 CAD 13,636 18/03/2026 Standard Chartered Bank 19 USD 17,992 CHF 14,200 16/01/2026 BNP Paribas 37 -

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 37

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 38

Forward Currency Exchange Contracts (continued)

Currency Purchased Amount Purchased Currency Sold Amount Sold Maturity Date Counterparty

Unrealised Gain/ (Loss) % of Net Assets USD 108,320 CHF 85,492 16/01/2026 Merrill Lynch 222 USD 80,000 CHF 63,012 21/01/2026 Morgan Stanley 283 USD 2,700,000 CHF 2,122,730 18/02/2026 Societe Generale 6,458 0.01 USD 90,000 CHF 70,395 18/03/2026 Standard Chartered Bank 408 USD 1,200,000 COP 4,550,769,500 21/01/2026 Goldman Sachs 8,972 0.01 USD 860,000 COP 3,310,630,200 18/02/2026 Goldman Sachs 764 USD 40,000 COP 153,812,800 18/02/2026 Royal Bank of Canada 80 USD 80,000 COP 307,811,200 18/03/2026 Goldman Sachs 598 USD 810,000 HUF 265,626,702 18/02/2026 Morgan Stanley 204 USD 90,000 IDR 1,499,227,200 18/02/2026 BNP Paribas 311 USD 340,000 IDR 5,680,465,000 18/02/2026 Deutsche Bank 174 USD 640,000 IDR 10,695,697,000 18/02/2026 Goldman Sachs 144 USD 240,000 IDR 4,007,980,000 18/02/2026 Standard Chartered Bank 228 USD 4,390,000 INR 390,595,860 21/01/2026 Morgan Stanley 52,265 0.06 USD 700,000 JPY 106,114,785 21/01/2026 Deutsche Bank 21,739 0.03 USD 460,000 JPY 70,381,150 18/02/2026 Morgan Stanley 9,047 0.01 USD 440,000 JPY 68,208,382 18/02/2026 Standard Chartered Bank 2,969 USD 310,000 KRW 443,583,030 18/03/2026 Morgan Stanley 1,637 USD 4,594 NOK 46,300 16/01/2026 BNP Paribas 4 USD 7,830 NOK 78,500 16/01/2026 Goldman Sachs 47 USD 638,477 NOK 6,431,118 16/01/2026 Morgan Stanley 834 USD 6,705 NOK 67,000 16/01/2026 Standard Chartered Bank 62 USD 1,990,000 NOK 20,007,610 21/01/2026 Goldman Sachs 6,245 0.01 USD 225,895 NZD 390,000 21/01/2026 Morgan Stanley 1,425 USD 110,633 NZD 190,000 18/03/2026 Morgan Stanley 1,052 USD 510,000 PEN 1,717,425 18/02/2026 Deutsche Bank 185 USD 50,000 PEN 168,350 18/02/2026 Royal Bank of Canada 26 USD 850,000 PHP 50,210,110 18/02/2026 Goldman Sachs 43 USD 110,000 PHP 6,494,290 18/02/2026 Standard Chartered Bank 65 USD 70,000 PLN 251,549 18/03/2026 Merrill Lynch 61 USD 1,010,000 TWD 30,664,790 21/01/2026 Deutsche Bank 35,075 0.04 USD 610,000 TWD 18,614,650 21/01/2026 Goldman Sachs 18,185 0.02 USD 60,000 TWD 1,834,661 21/01/2026 Royal Bank of Canada 1,671 USD 70,000 TWD 2,120,454 21/01/2026 Societe Generale 2,584 USD 90,000 TWD 2,741,040 21/01/2026 Standard Chartered Bank 2,854 USD 1,630,000 TWD 50,239,860 23/02/2026 BNP Paribas 34,157 0.04 USD 120,000 TWD 3,772,272 18/03/2026 BNP Paribas 172 ZAR 346,124 USD 20,000 21/01/2026 Morgan Stanley 858 ZAR 39,635,087 USD 2,290,000 21/01/2026 Societe Generale 98,517 0.12 ZAR 347,622 USD 20,000 18/02/2026 Goldman Sachs 906 ZAR 5,657,444 USD 330,000 18/02/2026 Merrill Lynch 10,241 0.01 ZAR 28,592,161 USD 1,670,000 18/02/2026 Morgan Stanley 49,544 0.06 ZAR 511,906 USD 30,000 18/02/2026 Standard Chartered Bank 786 ZAR 33,900,661 USD 1,990,000 18/03/2026 Morgan Stanley 44,557 0.06 Total Unrealised Gain on Forward Currency Exchange Contracts - Assets 1,561,869 1.91 AUD 160,000 USD 107,128 18/03/2026 Standard Chartered Bank (427) BRL 14,341,545 USD 2,630,000 21/01/2026 Goldman Sachs (27,110) (0.03) BRL 109,737 USD 20,000 21/01/2026 Merrill Lynch (84) BRL 217,444 USD 40,000 18/02/2026 BNP Paribas (775) BRL 13,367,770 USD 2,480,000 18/02/2026 Goldman Sachs (68,556) (0.08) BRL 12,943,034 USD 2,330,000 18/03/2026 Goldman Sachs (10,890) (0.01) CHF 10,300 USD 13,051 16/01/2026 BNP Paribas (27) CHF 55,100 USD 70,262 16/01/2026 Standard Chartered Bank (593) CHF 2,129,233 USD 2,700,000 21/01/2026 Societe Generale (6,295) (0.01) CHF 31,361 USD 40,000 18/02/2026 Standard Chartered Bank (206) COP 76,676,000 USD 20,000 18/02/2026 BNP Paribas (100) COP 2,962,411,700 USD 790,000 18/02/2026 Goldman Sachs (21,140) (0.03) COP 76,910,200 USD 20,000 18/02/2026 Merrill Lynch (39) -

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 38

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 39

Forward Currency Exchange Contracts (continued)

Currency Purchased Amount Purchased Currency Sold Amount Sold Maturity Date Counterparty

Unrealised Gain/ (Loss) % of Net Assets COP 266,354,400 USD 70,000 18/02/2026 Royal Bank of Canada (871) COP 4,162,590,000 USD 1,080,000 18/03/2026 Goldman Sachs (6,227) (0.01) COP 77,214,300 USD 20,000 18/03/2026 Royal Bank of Canada (82) DKK 171,798 USD 27,065 16/01/2026 Goldman Sachs (25) EUR 3,174,906 USD 3,740,547 27/01/2026 BNY Mellon (7,010) (0.01) EUR 3,174,906 USD 3,752,723 02/02/2026 BNY Mellon (18,127) (0.02) EUR 10,000 USD 11,816 18/03/2026 Goldman Sachs (28) EUR 80,000 USD 94,338 18/03/2026 Merrill Lynch (38) EUR 370,000 USD 436,677 18/03/2026 Standard Chartered Bank (538) GBP 1,890,025 USD 2,554,189 02/02/2026 BNY Mellon (12,131) (0.02) GBP 20,000 USD 27,003 18/03/2026 Societe Generale (108) IDR 5,326,436,000 USD 320,000 21/01/2026 Goldman Sachs (1,057) IDR 499,419,400 USD 30,000 21/01/2026 Royal Bank of Canada (95) IDR 54,537,248,800 USD 3,280,000 21/01/2026 Societe Generale (14,353) (0.02) IDR 665,356,000 USD 40,000 21/01/2026 Standard Chartered Bank (159) IDR 4,180,175,000 USD 250,000 17/03/2026 Goldman Sachs (168) INR 372,445,563 USD 4,170,000 21/01/2026 BNP Paribas (33,832) (0.04)

INR 883,076 USD 10,000 21/01/2026 Canadian Imperial Bank of Commerce (193) INR 2,648,271 USD 30,000 21/01/2026 Deutsche Bank (590) INR 886,400 USD 10,000 21/01/2026 Goldman Sachs (156) INR 2,668,150 USD 30,000 21/01/2026 Morgan Stanley (369) INR 11,557,535 USD 130,000 21/01/2026 Royal Bank of Canada (1,649) INR 882,443 USD 10,000 21/01/2026 Societe Generale (200) INR 391,197,290 USD 4,390,000 18/02/2026 Morgan Stanley (56,196) (0.07) JPY 82,656,362 USD 540,000 21/01/2026 Morgan Stanley (11,680) (0.02) JPY 5,990,110 USD 40,000 21/01/2026 Societe Generale (1,713) JPY 18,117,610 USD 120,000 21/01/2026 Standard Chartered Bank (4,196) (0.01) JPY 9,308,521 USD 60,000 18/02/2026 BNP Paribas (358) JPY 3,089,914 USD 20,000 18/02/2026 Goldman Sachs (202) JPY 47,844,447 USD 310,000 18/02/2026 Merrill Lynch (3,446) (0.01) JPY 38,730,453 USD 250,000 18/02/2026 Morgan Stanley (1,842) JPY 1,537,702 USD 10,000 18/02/2026 Nomura (147) JPY 38,693,001 USD 250,000 18/02/2026 Standard Chartered Bank (2,082) JPY 10,865,498 USD 70,000 18/03/2026 Goldman Sachs (214) JPY 27,808,729 USD 180,000 18/03/2026 Merrill Lynch (1,393) JPY 1,546,549 USD 10,000 18/03/2026 Morgan Stanley (67) JPY 10,848,279 USD 70,000 18/03/2026 Societe Generale (325) JPY 84,967,044 USD 550,000 18/03/2026 Standard Chartered Bank (4,283) (0.01) KRW 228,066,300 USD 160,000 21/01/2026 Deutsche Bank (1,839) KRW 157,026,891 USD 110,000 21/01/2026 Goldman Sachs (1,104) KRW 443,788,200 USD 310,000 21/01/2026 Merrill Lynch (2,238) KRW 199,720,710 USD 140,000 21/01/2026 Morgan Stanley (1,496) KRW 156,518,714 USD 110,000 21/01/2026 Royal Bank of Canada (1,456) KRW 84,899,640 USD 60,000 21/01/2026 Societe Generale (1,123) KRW 543,111,500 USD 380,000 21/01/2026 Standard Chartered Bank (3,359) (0.01) NOK 7,000 USD 698 16/01/2026 Goldman Sachs (4) NOK 18,335,857 USD 1,830,000 21/01/2026 Goldman Sachs (11,999) (0.02) NOK 903,162 USD 90,000 21/01/2026 Merrill Lynch (451) NOK 299,919 USD 30,000 21/01/2026 Royal Bank of Canada (263) NOK 400,672 USD 40,000 21/01/2026 Standard Chartered Bank (273) NOK 20,010,851 USD 1,990,000 18/02/2026 Goldman Sachs (6,171) (0.01) NOK 100,260 USD 10,000 18/03/2026 Goldman Sachs (63) NOK 1,204,589 USD 120,000 18/03/2026 Standard Chartered Bank (609) NZD 80,000 USD 46,189 21/01/2026 Goldman Sachs (144) NZD 80,000 USD 46,063 21/01/2026 Merrill Lynch (18) NZD 60,000 USD 34,751 21/01/2026 Royal Bank of Canada (217) NZD 530,000 USD 305,073 21/01/2026 Standard Chartered Bank (24) -

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 39

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 40

Forward Currency Exchange Contracts (continued)

Currency Purchased Amount Purchased Currency Sold Amount Sold Maturity Date Counterparty

Unrealised Gain/ (Loss) % of Net Assets NZD 190,000 USD 110,518 18/02/2026 Morgan Stanley (1,047) NZD 580,000 USD 337,798 18/03/2026 Goldman Sachs (3,288) (0.01) NZD 510,000 USD 294,579 18/03/2026 Morgan Stanley (440) NZD 1,070,000 USD 621,428 18/03/2026 Standard Chartered Bank (4,314) (0.01) PHP 103,975,140 USD 1,780,000 21/01/2026 Standard Chartered Bank (15,030) (0.02) PHP 60,253,440 USD 1,020,000 18/02/2026 Goldman Sachs (30) PHP 7,673,146 USD 130,000 18/02/2026 Standard Chartered Bank (109) PHP 12,987,480 USD 220,000 18/03/2026 Deutsche Bank (394) PHP 47,304,800 USD 800,000 18/03/2026 Goldman Sachs (119) PHP 5,321,610 USD 90,000 18/03/2026 Merrill Lynch (16) PHP 12,411,750 USD 210,000 18/03/2026 Morgan Stanley (129) PHP 4,125,917 USD 70,000 18/03/2026 Royal Bank of Canada (235) PHP 5,311,935 USD 90,000 18/03/2026 Standard Chartered Bank (180) PLN 431,513 USD 120,000 18/03/2026 Deutsche Bank (25) TWD 56,839,217 USD 1,840,000 21/01/2026 BNP Paribas (32,913) (0.04) TWD 11,226,479 USD 360,000 23/02/2026 BNP Paribas (3,397) (0.01) TWD 1,251,320 USD 40,000 23/02/2026 Goldman Sachs (252) TWD 2,819,700 USD 90,000 23/02/2026 Merrill Lynch (434) TWD 6,188,108 USD 200,000 23/02/2026 Morgan Stanley (3,438) (0.01) TWD 1,245,531 USD 40,000 23/02/2026 Royal Bank of Canada (436) TWD 11,242,749 USD 360,000 23/02/2026 Societe Generale (2,880) TWD 16,835,189 USD 540,000 23/02/2026 Standard Chartered Bank (5,239) (0.01) TWD 627,276 USD 20,000 18/03/2026 BNP Paribas (74) USD 13,047 AUD 20,000 21/01/2026 BNP Paribas (292) USD 164,252 AUD 250,000 21/01/2026 Deutsche Bank (2,482) USD 90,911 AUD 140,000 21/01/2026 Goldman Sachs (2,460) USD 77,920 AUD 120,000 21/01/2026 Merrill Lynch (2,113) USD 103,871 AUD 160,000 21/01/2026 Morgan Stanley (2,839) USD 332,270 AUD 510,000 21/01/2026 Standard Chartered Bank (7,868) (0.01) USD 272,506 AUD 410,000 18/02/2026 Societe Generale (944) USD 39,642 AUD 60,000 18/02/2026 Standard Chartered Bank (375) USD 59,857 AUD 90,000 18/03/2026 BNP Paribas (163) USD 86,633 AUD 130,000 18/03/2026 Standard Chartered Bank (63) USD 200,000 BRL 1,116,005 21/01/2026 Morgan Stanley (2,547) USD 100,000 CAD 140,655 21/01/2026 BNP Paribas (2,710) USD 20,000 CAD 27,968 21/01/2026 Deutsche Bank (423) USD 120,000 CAD 168,508 21/01/2026 Merrill Lynch (3,049) USD 410,000 CAD 575,949 21/01/2026 Morgan Stanley (10,572) (0.01) USD 230,000 CAD 319,440 21/01/2026 Societe Generale (3,263) (0.01) USD 2,600,000 CAD 3,591,941 18/02/2026 Societe Generale (26,100) (0.03) USD 294,548 CHF 233,982 16/01/2026 Deutsche Bank (1,304) USD 4,622,522 CHF 3,673,898 16/01/2026 Morgan Stanley (22,833) (0.03) USD 152,182 CHF 122,440 16/01/2026 Royal Bank of Canada (2,634) USD 40,195 CHF 32,200 16/01/2026 Societe Generale (519) USD 200,698 CHF 160,923 16/01/2026 Standard Chartered Bank (2,776) USD 80,000 CHF 63,531 21/01/2026 Deutsche Bank (373) USD 2,270,000 CHF 1,802,528 21/01/2026 Societe Generale (10,389) (0.01) USD 290,000 CHF 230,593 21/01/2026 Standard Chartered Bank (1,725) USD 40,000 CHF 31,878 18/02/2026 BNP Paribas (450) USD 70,000 CHF 55,736 18/02/2026 Standard Chartered Bank (724) USD 2,770,000 CHF 2,188,457 18/03/2026 Societe Generale (15,249) (0.02) USD 120,000 CLP 112,867,320 21/01/2026 BNP Paribas (5,318) (0.01) USD 1,810,000 CLP 1,690,319,470 21/01/2026 Goldman Sachs (66,786) (0.08) USD 270,000 CLP 255,887,400 21/01/2026 Morgan Stanley (14,115) (0.02) USD 70,000 CLP 65,625,750 21/01/2026 Royal Bank of Canada (2,865) USD 60,000 CLP 55,208,101 18/02/2026 BNP Paribas (1,330) USD 510,000 CLP 467,367,100 18/02/2026 Deutsche Bank (9,188) (0.01) USD 230,000 CLP 214,384,581 18/02/2026 Goldman Sachs (8,155) (0.01)

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 40

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Page 41

Forward Currency Exchange Contracts (continued)

Currency Purchased Amount Purchased Currency Sold Amount Sold Maturity Date Counterparty

Unrealised Gain/ (Loss) % of Net Assets USD 170,000 CLP 159,212,700 18/02/2026 Merrill Lynch (6,866) (0.01) USD 60,000 CLP 56,179,020 18/02/2026 Royal Bank of Canada (2,408) USD 40,000 COP 153,167,800 21/01/2026 Merrill Lynch (87) USD 90,000 COP 344,520,600 21/01/2026 Morgan Stanley (168) USD 10,000 COP 39,103,000 18/03/2026 Royal Bank of Canada (87) USD 90,000 CZK 1,881,394 21/01/2026 Goldman Sachs (1,442) USD 540,000 CZK 11,383,594 21/01/2026 Merrill Lynch (13,283) (0.02) USD 820,000 CZK 17,167,747 21/01/2026 Morgan Stanley (14,413) (0.02) USD 60,000 CZK 1,254,488 21/01/2026 Societe Generale (973) USD 70,000 CZK 1,467,700 21/01/2026 Standard Chartered Bank (1,335) USD 120,000 CZK 2,515,068 18/02/2026 Goldman Sachs (2,294) USD 70,000 CZK 1,453,744 18/02/2026 Merrill Lynch (688) USD 1,630,000 CZK 33,860,078 18/02/2026 Morgan Stanley (16,436) (0.02) USD 1,810,000 CZK 37,427,517 18/03/2026 Goldman Sachs (10,667) (0.01) USD 26,302 DKK 168,581 16/01/2026 Deutsche Bank (231) USD 2,103 DKK 13,400 16/01/2026 Merrill Lynch (6) USD 1,862,818 DKK 11,921,762 16/01/2026 Morgan Stanley (13,579) (0.02) USD 17,806,615 EUR 15,284,377 16/01/2026 Deutsche Bank (157,710) (0.19) USD 36,254 EUR 31,197 16/01/2026 Merrill Lynch (413) USD 898,143 EUR 769,138 16/01/2026 Morgan Stanley (5,855) (0.01) USD 67,553 EUR 57,915 16/01/2026 Societe Generale (517) USD 1,011,897 EUR 865,622 16/01/2026 Standard Chartered Bank (5,502) (0.01) USD 23,286 EUR 20,000 21/01/2026 BNP Paribas (226) USD 11,682 EUR 10,000 21/01/2026 Goldman Sachs (74) USD 93,477 EUR 80,000 21/01/2026 Merrill Lynch (573) USD 140,016 EUR 120,000 21/01/2026 Morgan Stanley (1,058) USD 46,487 EUR 40,000 21/01/2026 Nomura (538) USD 70,048 EUR 60,000 21/01/2026 Royal Bank of Canada (489) USD 58,377 EUR 50,000 21/01/2026 Societe Generale (404) USD 23,254 EUR 20,000 18/02/2026 Societe Generale (290) USD 361,693 EUR 310,000 18/02/2026 Standard Chartered Bank (3,230) (0.01) USD 46,992 EUR 40,000 18/03/2026 Standard Chartered Bank (158) USD 13,126 GBP 10,000 21/01/2026 BNP Paribas (324) USD 78,996 GBP 60,000 21/01/2026 Merrill Lynch (1,705) USD 855,988 GBP 650,000 21/01/2026 Standard Chartered Bank (18,272) (0.02) USD 341,593 GBP 260,000 18/02/2026 Goldman Sachs (8,084) (0.01) USD 157,966 GBP 120,000 18/02/2026 Merrill Lynch (3,424) (0.01) USD 13,228 GBP 10,000 18/02/2026 Morgan Stanley (221) USD 144,438 GBP 110,000 18/02/2026 Royal Bank of Canada (3,502) (0.01) USD 131,166 GBP 100,000 18/02/2026 Societe Generale (3,325) (0.01) USD 406,964 GBP 310,000 18/02/2026 Standard Chartered Bank (9,959) (0.01) USD 320,678 GBP 240,000 18/03/2026 Standard Chartered Bank (2,067) USD 250,000 HUF 84,237,629 21/01/2026 Goldman Sachs (7,304) (0.01) USD 120,000 HUF 40,618,128 21/01/2026 Merrill Lynch (4,068) (0.01) USD 150,000 IDR 2,506,245,000 21/01/2026 Deutsche Bank (72) USD 1,800,000 IDR 30,147,680,000 21/01/2026 Goldman Sachs (5,219) (0.01) USD 1,720,000 IDR 28,761,213,000 21/01/2026 Morgan Stanley (2,198) USD 30,000 IDR 503,757,000 18/02/2026 Morgan Stanley (137) USD 30,000 IDR 503,084,100 18/02/2026 Royal Bank of Canada (96) USD 180,000 IDR 3,021,380,000 18/02/2026 Societe Generale (750) USD 90,000 IDR 1,515,950,100 17/03/2026 BNP Paribas (602) USD 180,000 IDR 3,019,853,000 17/03/2026 Goldman Sachs (485) USD 110,000 IDR 1,851,026,000 17/03/2026 Morgan Stanley (628) USD 190,000 IDR 3,183,625,000 17/03/2026 Standard Chartered Bank (273) USD 4,410,000 INR 400,573,530 18/02/2026 Standard Chartered Bank (27,677) (0.03) USD 1,270,000 KRW 1,854,086,805 21/01/2026 Goldman Sachs (15,786) (0.02) USD 1,300,000 KRW 1,914,845,400 19/02/2026 Morgan Stanley (29,554) (0.04) USD 430,000 MXN 8,015,896 21/01/2026 Goldman Sachs (14,930) (0.02)

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 41

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

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Forward Currency Exchange Contracts (continued)

Currency Purchased Amount Purchased Currency Sold Amount Sold Maturity Date Counterparty

Unrealised Gain/ (Loss) % of Net Assets USD 430,000 MXN 8,031,517 21/01/2026 Morgan Stanley (15,797) (0.02) USD 2,690,000 MXN 49,887,438 21/01/2026 Standard Chartered Bank (79,053) (0.10) USD 3,500,000 MXN 64,561,494 18/02/2026 Standard Chartered Bank (73,660) (0.09) USD 3,470,000 MXN 63,727,050 18/03/2026 Standard Chartered Bank (47,261) (0.06) USD 1,770,000 MYR 7,429,516 21/01/2026 Goldman Sachs (63,505) (0.08) USD 10,000 MYR 42,037 21/01/2026 Morgan Stanley (374) USD 1,310,000 MYR 5,385,898 19/02/2026 Goldman Sachs (21,078) (0.03) USD 170,000 MYR 701,032 19/02/2026 Morgan Stanley (3,254) (0.01) USD 1,240,000 MYR 5,052,446 18/03/2026 Goldman Sachs (9,842) (0.01) USD 2,200,000 NOK 22,227,701 18/02/2026 Deutsche Bank (3,602) (0.01) USD 50,000 NOK 508,662 18/03/2026 Merrill Lynch (415) USD 30,000 NOK 305,951 18/03/2026 Standard Chartered Bank (324) USD 51,256 NZD 90,000 21/01/2026 BNP Paribas (545) USD 45,433 NZD 80,000 21/01/2026 Deutsche Bank (612) USD 107,298 NZD 190,000 21/01/2026 Merrill Lynch (2,059) USD 16,852 NZD 30,000 18/02/2026 Goldman Sachs (433) USD 33,730 NZD 60,000 18/02/2026 Merrill Lynch (840) USD 11,265 NZD 20,000 18/02/2026 Royal Bank of Canada (258) USD 96,905 NZD 170,000 18/02/2026 Standard Chartered Bank (1,043) USD 10,000 PEN 34,049 21/01/2026 Deutsche Bank (117) USD 410,000 PEN 1,396,970 21/01/2026 Goldman Sachs (5,094) (0.01) USD 140,000 PEN 472,360 21/01/2026 Merrill Lynch (356) USD 140,000 PEN 476,312 21/01/2026 Royal Bank of Canada (1,531) USD 750,000 PEN 2,547,025 21/01/2026 Standard Chartered Bank (6,819) (0.01) USD 110,000 PEN 371,708 18/02/2026 Goldman Sachs (341) USD 210,000 PEN 709,412 18/02/2026 Standard Chartered Bank (588) USD 880,000 PEN 2,969,424 18/03/2026 Goldman Sachs (448) USD 10,000 PEN 33,818 18/03/2026 Royal Bank of Canada (27) USD 1,020,000 PHP 60,205,500 21/01/2026 Goldman Sachs (1,984) USD 210,000 PHP 12,387,060 21/01/2026 Merrill Lynch (269) USD 400,000 PHP 23,655,410 21/01/2026 Morgan Stanley (1,549) USD 150,000 PHP 8,859,195 21/01/2026 Standard Chartered Bank (384) USD 280,000 PHP 16,554,460 18/02/2026 Merrill Lynch (234) USD 100,000 PHP 5,907,780 18/02/2026 Morgan Stanley (7) USD 180,000 PLN 667,131 21/01/2026 Goldman Sachs (5,536) (0.01) USD 1,450,000 PLN 5,332,971 21/01/2026 Merrill Lynch (33,157) (0.04) USD 90,000 PLN 332,830 21/01/2026 Morgan Stanley (2,564) USD 1,570,000 PLN 5,713,800 18/02/2026 Morgan Stanley (18,806) (0.02) USD 370,000 PLN 1,338,937 18/03/2026 Morgan Stanley (2,270) USD 446,896 SEK 4,207,096 16/01/2026 Deutsche Bank (9,851) (0.01) USD 255,936 SEK 2,379,522 16/01/2026 Merrill Lynch (2,399) USD 3,816,563 SEK 36,084,896 16/01/2026 Morgan Stanley (101,023) (0.12) USD 67,825 SEK 641,300 16/01/2026 Societe Generale (1,798) USD 140,000 SEK 1,320,092 21/01/2026 Goldman Sachs (3,355) (0.01) USD 820,000 SEK 7,755,271 21/01/2026 Merrill Lynch (22,182) (0.03) USD 170,000 SEK 1,600,095 21/01/2026 Morgan Stanley (3,762) (0.01) USD 20,000 SEK 187,522 21/01/2026 Standard Chartered Bank (364) USD 1,070,000 SEK 10,004,868 18/02/2026 Goldman Sachs (18,089) (0.02) USD 50,000 SEK 473,679 18/02/2026 Merrill Lynch (1,515) USD 40,000 SEK 379,958 18/02/2026 Morgan Stanley (1,323) USD 60,000 SEK 570,479 18/02/2026 Standard Chartered Bank (2,043) USD 680,000 SEK 6,264,767 18/03/2026 Morgan Stanley (2,351) USD 3,880,000 SGD 4,995,360 21/01/2026 Societe Generale (9,912) (0.01) USD 3,870,000 SGD 4,996,945 19/02/2026 Goldman Sachs (28,481) (0.04) USD 3,500,000 SGD 4,492,678 18/03/2026 Goldman Sachs (11,277) (0.01) USD 140,000 THB 4,542,452 21/01/2026 Goldman Sachs (4,369) (0.01) USD 2,390,000 THB 77,541,805 21/01/2026 Societe Generale (74,448) (0.09) USD 50,000 THB 1,626,092 21/01/2026 Standard Chartered Bank (1,681) -

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 42

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Forward Currency Exchange Contracts (continued)

Currency Purchased Amount Purchased Currency Sold Amount Sold Maturity Date Counterparty

Unrealised Gain/ (Loss) % of Net Assets USD 2,670,000 THB 85,764,677 18/02/2026 Goldman Sachs (61,080) (0.08) USD 230,000 THB 7,444,562 18/02/2026 Standard Chartered Bank (7,064) (0.01) USD 2,660,000 THB 84,181,488 18/03/2026 Goldman Sachs (27,496) (0.03) USD 40,000 THB 1,253,855 18/03/2026 Societe Generale (29) USD 30,000 ZAR 527,140 21/01/2026 BNP Paribas (1,767) USD 40,000 ZAR 698,082 21/01/2026 Goldman Sachs (2,068) USD 430,000 ZAR 7,504,233 21/01/2026 Merrill Lynch (22,225) (0.03) USD 1,810,000 ZAR 31,033,555 21/01/2026 Morgan Stanley (60,166) (0.07) USD 20,000 ZAR 348,561 18/02/2026 Merrill Lynch (963) USD 2,030,000 ZAR 34,525,272 18/02/2026 Morgan Stanley (46,364) (0.06) USD 40,000 ZAR 670,206 18/03/2026 Merrill Lynch (223) Total Unrealised Loss on Forward Currency Exchange Contracts - Liabilities (2,023,024) (2.47) Net Unrealised Loss on Forward Currency Exchange Contracts - Liabilities (461,155) (0.56)

Financial Futures Contracts

Security Description Number of Contracts Currency Unrealised Gain/(Loss) % of Net Assets Brent Crude Futures, 30/01/2026 (3) USD 4,370 0.01 Canola Oil Futures, 13/03/2026 (70) CAD 40,219 0.05 Cattle Feeder Futures, 26/03/2026 3 USD 16,088 0.02 Copper Futures, 27/03/2026 3 USD 21,962 0.03 Cotton Futures, 09/03/2026 (30) USD 13,290 0.02 ECX Emissions Futures, 14/12/2026 8 EUR 57,806 0.07 Euro STOXX 50 Index, 20/03/2026 80 EUR 77,114 0.09 Euro-Bobl, 06/03/2026 (57) EUR 4,146 0.01 Euro-Bund, 06/03/2026 (26) EUR 4,099 Euro-Buxl 30 Year Bond, 06/03/2026 (17) EUR 12,895 0.02 Euro-Schatz, 06/03/2026 (61) EUR 2,278 FTSE MIB Mini Index, 20/03/2026 3 EUR 3,446 Gasoline Futures, 27/02/2026 (2) USD 2,268 Gold Futures, 25/02/2026 2 USD 60,160 0.07 IBEX 35 Index, 16/01/2026 1 EUR 3,506 Japan 10 Year Bond, 13/03/2026 (9) JPY 52,538 0.06 Lean Hogs Futures, 15/04/2026 1 USD 100 Live Cattle Futures, 27/02/2026 5 USD 13,710 0.02 Long Gilt, 27/03/2026 4 GBP 2,899 Mill Wheat Futures, 10/03/2026 (73) EUR 5,513 0.01 MSCI Emerging Markets Index, 20/03/2026 2 USD 115 MSCI Singapore Index, 29/01/2026 9 SGD 4,390 0.01 Natural Gas Futures, 25/02/2026 (3) USD 4,930 0.01 Natural Gas Futures, 28/04/2026 (1) USD 1,240 OMSX30 Index Futures, 16/01/2026 5 SEK 2,888 Palladium Futures, 27/03/2026 1 USD 20,650 0.03 Palladium Futures, 27/03/2026 3 USD 53,880 0.07 Russell 2000 Emini Index, 20/03/2026 (79) USD 166,097 0.20 S&P 500 Emini Index, 20/03/2026 22 USD 39,270 0.05 SET50 Index, 30/03/2026 117 THB 4,710 0.01 SGX FTSE China A50, 29/01/2026 33 USD 3,402 Silver Futures, 27/03/2026 1 USD 112,190 0.14 Soybean Meal Futures, 13/03/2026 (8) USD 2,840 Soybean Oil, 13/03/2026 (14) USD 4,158 0.01 Sugar Futures, 27/02/2026 (25) USD 17,752 0.02 Swiss Market Index, 20/03/2026 3 CHF 10,754 0.01 Synthetic Crude Oil Futures, 27/02/2026 97 USD 35,487 0.04 Wheat Futures, 13/03/2026 (29) USD 18,818 0.02 WIG20 Index, 20/03/2026 16 PLN 4,996 0.01 Total Unrealised Gain on Financial Futures Contracts - Assets 906,974 1.11

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 43

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Financial Futures Contracts (continued)

Security Description Number of Contracts Currency

Unrealised Gain/(Loss) % of Net Assets Canada 10 Year Bond, 20/03/2026 (15) CAD (4,859) (0.01) Canada 2 Year Bond, 20/03/2026 (4) CAD (117) Canada 5 Year Bond, 20/03/2026 (14) CAD (1,247) Cocoa Futures, 16/03/2026 (2) USD (4,590) (0.01) Coffee Futures, 19/03/2026 2 USD (31,912) (0.04) Corn Futures, 13/03/2026 (14) USD (3,175) Euro-BTP, 06/03/2026 13 EUR (6,412) (0.01) Euro-OAT Future, 06/03/2026 (17) EUR (3,183) (0.01) Hang Seng Index, 29/01/2026 1 HKD (822) KC HRW Wheat Futures, 13/03/2026 (30) USD (4,819) (0.01) Korea 10 Year Bond, 17/03/2026 (46) KRW (10,288) (0.01) Low Sulphur Gasoil Futures, 12/03/2026 4 USD (31,000) (0.04) Micro Emini Dow Jones Index, 20/03/2026 13 USD (2,996) Micro Emini NASDAQ 100 Index, 20/03/2026 2 USD (608) Micro Emini Russell 2000 Index, 20/03/2026 8 USD (3,135) NIKKEI 225 Index, 12/03/2026 3 JPY (581) NY Harbor Ultra Low Sulfur Diesel Futures, 01/06/2026 3 USD (29,660) (0.04) NY Harbor Ultra Low Sulfur Diesel Futures, 27/02/2026 1 USD (10,622) (0.01) S&P 500 Emini Index, 20/03/2026 6 USD (989) SHORT EURO-BTP FU MAR26, 06/03/2026 (13) EUR (938) South Korea 3 Year Bond, 17/03/2026 (133) KRW (21,763) (0.03) SPI 200 Index, 19/03/2026 1 AUD (400) US 10 Year Note, 20/03/2026 9 USD (8,375) (0.01) US 10 Year Ultra Bond, 20/03/2026 9 USD (9,961) (0.01) US 2 Year Note, 31/03/2026 (5) USD (781) US 5 Year Note, 31/03/2026 14 USD (6,601) (0.01) US Ultra Bond, 20/03/2026 (5) USD (344) White Sugar Futures, 15/04/2026 (21) USD (1,711) WTI Crude Futures, 20/02/2026 (4) USD (340) Total Unrealised Loss on Financial Futures Contracts - Liabilities (202,229) (0.25) Net Unrealised Gain on Financial Futures Contracts - Assets 704,745 0.86

Total Return Swap Contracts

Nominal Amount Currency Counterparty Security Description Maturity Date Market Value % of Net Assets 7,011,113 USD Deutsche Bank Receive DBCAXCTA Index Pay Spread of 0.000% on Notional 18/05/2026 191,365 0.23 6,631,910 USD Goldman Sachs Receive GSXAT01F Index Pay Spread of 0.000% on Notional 16/05/2026 70,665 0.09 Total Market Value on Total Return Swap Contracts - Assets 262,030 0.32 Net Market Value on Total Return Swap Contracts - Assets 262,030 0.32

Total Return Swap on Contracts for Difference

Contract Description Currency Maturity Date Counterparty Market Value % of Net Assets Receive performance of the underlying global basket of 113 American convertible arbitrage position. Short the underlying equity mainly in the Basic Materials, Communications, Consumer Product, Energy, Financial, Health care, Industrial, Technology, Utilities Sector. Pay weighted average financing (OBFR) on that same basket. USD 02/01/2060 J.P. Morgan 156,800 0.17 Receive performance of the underlying global basket of 58 British convertible arbitrage position. Long the underlying equity mainly in the Basic Materials, Communications, Consumer Product, Financial, Industrial, Technology and Utilities Sector. Pay weighted average financing (Overnight GBP SONIA) on that same basket. GBP 02/01/2060 J.P. Morgan 173,883 0.23 Total Market Value on Total Return Swap on Contracts for Difference - Assets 330,683 0.40 Receive performance of the underlying global basket of 1 British convertible arbitrage position. Long the underlying equity mainly in the Basic Materials Sector. Pay weighted average financing (Overnight GBP SONIA) on that same basket. GBP 01/01/2060 J.P. Morgan (1,971) -

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 44

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

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Total Return Swap on Contracts for Difference (continued)

Contract Description Currency Maturity Date Counterparty Market Value % of Net Assets Receive performance of the underlying global basket of 5 Danish convertible arbitrage position. Short the underlying equity mainly in the Basic Materials, Financial and Industrial Sector. Pay weighted average financing (Overnight DKK DESTR) on that same basket. DKK 02/01/2060 J.P. Morgan (74,656) (0.09) Receive performance of the underlying global basket of 5 Norwegian convertible arbitrage position. Short the underlying equity mainly in the Consumer Product, Energy, Industrial and Technology Sector. Pay weighted average financing (Overnight NOK NOWA) on that same basket. NOK 02/01/2060 J.P. Morgan (88,571) (0.11) Receive performance of the underlying global basket of 17 Swedish convertible arbitrage position. Short the underlying equity mainly in the Consumer Product, Financial and Industrial Sector. Pay weighted average financing (Overnight SEK SWESTR) on that same basket. SEK 02/01/2060 J.P. Morgan (94,204) (0.12) Receive performance of the underlying global basket of 10 Swiss convertible arbitrage position. Short the underlying equity mainly in the Consumer Product, Financial and Industrial Sector. Pay weighted average financing (Overnight CHF SARON) on that same basket. CHF 02/01/2060 J.P. Morgan (193,582) (0.25) Receive performance of the underlying global basket of 111 European convertible arbitrage position. Short the underlying equity mainly in the Basic Materials, Communications, Consumer Product, Energy, Financial, Industrial, Technology and Utilities Sector. Pay weighted average financing (Overnight EUR ESTRON) on that same basket. EUR 02/01/2060 J.P. Morgan (290,557) (0.34) Total Market Value on Total Return Swap on Contracts for Difference - Liabilities (743,541) (0.91) Net Market Value on Total Return Swap on Contracts for Difference - Liabilities (412,858) (0.51)

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

Aviva Investors Global - SYSTEMATIC STRATEGIES FUND (CONTINUED) Portfolio of Investments and Other Net Assets as at 31 December 2025

The accompanying notes form an integral part of these financial statements. avivainvestors.com | Annual report and audited financial statements 45

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d Docusign Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

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Aviva Investors Global - Aviva France Global High Yield Fund EUR

Aviva Investors Global - EUR ReturnPlus Fund EUR

Aviva Investors Global - GBP ReturnPlus Fund GBP ASSETS Investments in securities at cost 95,961,322 693,871,816 5,280,948,012 Unrealised gain/(loss) (70,457) (10,434,679) (41,356,215) Investments in securities at market value 95,890,865 683,437,137 5,239,591,797 Cash at bank and at brokers 5,294,616 3,989,617 12,676,466 Receivables on subscriptions - 2,683,700 415,000 Interest receivable 1,628,156 7,369,659 47,254,912 Tax reclaims receivable - 14,932 87,589 Options purchased contracts at fair value 14,589 - Unrealised gain on financial futures contracts 12,750 - Unrealised gain on forward currency exchange contracts 1,207,290 - 144,574 Swap contracts at fair value - 18,092,211 120,320,240 Other assets - 5,609,177 88,774,972 Total assets 104,048,266 721,196,433 5,509,265,550 LIABILITIES Bank overdrafts - 15,055,565 92,199,489 Payables on investments purchased 298 - Management fees payable 24,962 22,049 95,475 Fixed fee payable 4,457 28,135 230,682 Options written contracts at fair value 5,255 - Unrealised loss on financial futures contracts 5,528 - Unrealised loss on forward currency exchange contracts 217,804 16,385 124,446 Swap contracts at fair value 442,745 2,880,859 65,518,756 Other liabilities 12,324 5,560,308 42,555,183 Total liabilities 713,373 23,563,301 200,724,031 Total net assets 103,334,893 697,633,132 5,308,541,519

Aviva Investors Global Systematic Strategies Fund* USD Combined EUR ASSETS Investments in securities at cost 63,897,665 6,892,295,372 Unrealised gain/(loss) 3,278,548 (55,077,173) Investments in securities at market value 67,176,213 6,837,218,199 Cash at bank and at brokers 14,440,374 36,097,511 Receivables on subscriptions - 3,158,983 Dividends receivable 20,128 17,138 Interest receivable 40,055 63,151,056 Tax reclaims receivable 9,528 123,357 Options purchased contracts at fair value - 14,589 Unrealised gain on financial futures contracts 906,974 785,004 Unrealised gain on forward currency exchange contracts 1,561,869 2,702,737 Swap contracts at fair value 592,713 156,394,779 Other assets 60,664 107,331,208 Total assets 84,808,518 7,206,994,561 LIABILITIES Bank overdrafts - 120,647,904 Payables on redemptions 373 318 Payables on investments purchased - 298 Management fees payable - 156,355 Fixed fee payable 3,449 299,719 Options written contracts at fair value - 5,255 Unrealised loss on financial futures contracts 202,229 177,718 Unrealised loss on forward currency exchange contracts 2,023,024 2,099,241 Swap contracts at fair value 743,541 78,992,678 Other liabilities 63,421 54,363,358 Total liabilities 3,036,037 256,742,844 Total net assets 81,772,481 6,950,251,717

* Please refer to board of directors ʼ and conducting officers report for details of all corporate activities during the period.

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

COMBINED STATEMENT OF NET ASSETS As at 31 December 2025

avivainvestors.com | Annual report and audited financial statements

The accompanying notes form an integral part of these financial statements. 46

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Shares Outstanding as at 31 December 2025

Nav per share as at 31 December 2025

Nav per share as at 31 December 2024

Nav per share as at 31 December 2023 Aviva Investors Global - Aviva France Global High Yield Fund Iq Share Class Distribution 12 93.1679 93.1872 91.9831 K Flex Share Class Accumulation 90,335 1,143.8994 1,084.4536 1,013.7647 Total net assets in EUR 103,334,893 109,505,612 218,406,453 Aviva Investors Global - EUR ReturnPlus Fund I Share Class Accumulation 827,836 113.2451 109.7355 104.8148 S Share Class Accumulation 823,973 113.6117 110.0632 105.1802 Z Share Class Accumulation 444,828 1,147.1213 1,109.9047 1,059.3392 Total net assets in EUR 697,633,132 577,572,299 463,499,013 Aviva Investors Global - GBP ReturnPlus Fund I Share Class Accumulation 1,903,878 120.8858 115.2124 108.5420 S Share Class Accumulation 4,600,469 118.6705 113.0276 106.4651 Sy Share Class Accumulation 2,431,664 120.5334 114.8016 108.1359 Z Share Class Accumulation 3,493,402 1,213.5341 1,154.3865 1,086.0013 Total net assets in GBP 5,308,541,519 5,158,581,347 4,471,176,673 Aviva Investors Global - Systematic Strategies Fund* Z Share Class Accumulation USD 52,616 1,071.1625 - Z Share Class Accumulation Hedged EUR 12,200 1,057.8691 - Z Share Class Accumulation Hedged GBP 7,100 1,070.3989 - Total net assets in USD 81,772,481 - * Please refer to board of directors ʼ and conducting officers report for details of all corporate activities during the period.

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

STATISTICAL INFORMATION

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Aviva Investors Global - Aviva France Global High Yield Fund EUR

Aviva Investors Global - EUR ReturnPlus Fund EUR

Aviva Investors Global - GBP ReturnPlus Fund GBP Net assets at the beginning of the year 109,505,612 577,572,299 5,158,581,347 Income Dividend income, net of withholding taxes 23 - Interest income from investments, net of withholding taxes 6,274,213 18,807,753 180,309,949 Interest on swap contracts 17,277 23,751 Bank interest 142,274 - Total income 6,433,787 18,831,504 180,309,949 Expenses Management fees 322,103 229,938 465,973 Fixed fee 57,518 307,405 2,621,106 Bank and other interest expenses 51 110,623 4,719,845 Interest on swap contracts 12,394 2,089,122 15,198,237 Other operating expenses 356 439 2,366 Total expenses 392,422 2,737,527 23,007,527 Net investment income/(loss) 6,041,365 16,093,977 157,302,422 Net realised gain/(loss) on: Sale of investments 671,631 2,030,866 6,997,897 Options contracts (9,334) - (75,228) Financial futures contracts (5,129) (3,648) (17,596) Forward currency exchange contracts 2,939,662 14 (4,378,536) Swaps contracts (242,195) (2,913,616) 95,713,984 Currency exchange (25,576) 1,910,379 (4,415,189) Net realised gain/(loss) for the year 3,329,059 1,023,995 93,825,332 Net change in unrealised appreciation/(depreciation) on: Investments (6,485,302) (22,509,205) 44,714,046 Options contracts 9,334 - 75,228 Financial futures contracts 7,222 - Forward currency exchange contracts 3,762,688 (16,385) 687,331 Swaps contracts (442,745) 25,199,682 (37,974,487) Currency exchange (62,826) 18,614 (154,649) Net change in unrealised appreciation/ (depreciation) for the year (3,211,629) 2,692,706 7,347,469 Increase/(decrease) in net assets as a result of operations 6,158,795 19,810,678 258,475,223 Subscriptions 42,944,907 347,425,353 1,691,222,905 Redemptions (55,274,421) (247,175,198) (1,799,737,956) Distributions Reinvested 58 - Increase/(decrease) in net assets as a result of movements in share capital (12,329,456) 100,250,155 (108,515,051) Dividend distributions (58) - Net assets at the end of the year 103,334,893 697,633,132 5,308,541,519

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

COMBINED STATEMENT OF OPERATIONS AND CHANGES IN NET ASSETS For the year ended 31 December 2025

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The accompanying notes form an integral part of these financial statements. 48

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Aviva Investors Global Systematic Strategies Fund* USD

Combined EUR Net assets at the beginning of the year - 6,926,196,481 Income Dividend income, net of withholding taxes 337,468 298,458 Interest income from investments, net of withholding taxes 176,337 235,646,183 Interest on swap contracts 483,031 468,190 Bank interest 230,645 346,242 Total income 1,227,481 236,759,073 Expenses Management fees - 1,095,797 Fixed fee 24,668 3,445,373 Bank and other interest expenses 956 5,619,227 Interest on swap contracts 232,433 20,042,275 Other operating expenses 59,918 56,544 Total expenses 317,975 30,259,216 Net investment income/(loss) 909,506 206,499,857 Net realised gain/(loss) on: Sale of investments 2,836,638 13,377,064 Options contracts - (97,119) Financial futures contracts (1,955,812) (1,758,906) Forward currency exchange contracts 1,291,700 (1,027,452) Swaps contracts 271,696 108,775,548 Currency exchange 163,456 (3,122,843) Net realised gain/(loss) for the year 2,607,678 116,146,292 Net change in unrealised appreciation/(depreciation) on: Investments 3,278,548 26,082,793 Options contracts - 97,119 Financial futures contracts 704,745 630,454 Forward currency exchange contracts (461,156) 4,140,550 Swaps contracts (150,828) (19,689,843) Currency exchange 6,426 (218,993) Net change in unrealised appreciation/ (depreciation) for the year 3,377,735 11,042,080 Increase/(decrease) in net assets as a result of operations 6,894,919 333,688,229 Subscriptions 128,013,335 2,477,108,261 Redemptions (53,135,773) (2,449,599,629) Distributions Reinvested - 58 Increase/(decrease) in net assets as a result of movements in share capital 74,877,562 27,508,690 Dividend distributions - (58) Foreign currency translation difference - (337,141,625) Net assets at the end of the year 81,772,481 6,950,251,717

* Please refer to board of directors ʼ and conducting officers report for details of all corporate activities during the period.

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

COMBINED STATEMENT OF OPERATIONS AND CHANGES IN NET ASSETS (CONTINUED) For the year ended 31 December 2025

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The accompanying notes form an integral part of these financial statements. 49

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1. GENERAL

1.1 THE COMPANY Aviva Investors Global (the ”Fund”) is a Variable Capital Investment Company (Société d’Investissement à Capital Variable) authorised pursuant to the Luxembourg law of 13 February 2007 relating to specialised investment funds (as amended). The Fund was incorporated in Luxembourg on 13 November 2019 for an unlimited period. The Fund operates as an open ended investment Fund, and it qualifies as an alternative investment fund (“AIF”) within the meaning of the AIFM Law. The Company’s shares are solely advised on, offered or sold to professional investors. Each Sub-Fund offers different investment objectives designed to meet specific risk expectations and diversification requirements. The Board has designated Aviva Investors Luxembourg S.A. (the “Alternative Investment Fund Manager”) as Alternative Investment Fund Manager to be responsible, subject to the overall supervision of the Board, for the day-to-day investment management of the assets of the Fund. The Alternative Investment Fund Manager is a wholly owned subsidiary of Aviva Investors Holdings Limited, and an Aviva group company. The Company comprises 4 active Sub-Funds as at 31 December 2025: - Aviva Investors Global - Aviva France Global High Yield Fund - Aviva Investors Global - EUR ReturnPlus Fund - Aviva Investors Global - GBP ReturnPlus Fund - Aviva Investors Global - Systematic Strategies Fund

1.2 THE SHARE CLASSES The Board may issue I, K, M, S, V and Z and Share Classes in any currency, as accumulation or distribution share classes, and which may be hedged or unhedged. Hedged share classes will be indentified by the suffix "h". Accumulation share classes with UK reporting status are designated with "y" and distribution share classes are designated with “a”, “q” or “m” depending on the dividend distribution frequency.

1.2.1 CURRENCY Share Classes may be available in various currencies (each a “Class Currency”) other than the reference currency of the Sub-Fund. Where offered in a currency other than the reference currency of the relevant Sub-Fund, a Share Class is designated as such.

1.2.2 DIVIDEND POLICY For Distribution Shares, dividends will be declared at the discretion of the Board and paid in the currency of the Classes. Dividend will be distribute d on an annual (a), quarterly (q) , monthly (m) or flexible (flex) basis as determined by the Board. Only Class K Shares are eligible to qualify as type "flex" Classes. Dividends for Class K Shares will be declared for an amount and in a frequency as decided by the Alternative Investment Fund Manager after consultation and approval of the shareholders of the relevant Class.

1.2.3 HEDGED SHARE CLASSES In accordance with the provisions of the current prospectus, the Fund may offer Share Classes in a Sub-Fund in a currency other than the Sub-Fund reference currency or in relation to the currencies in which the underlying assets of the Sub-Fund are denominated. The respective Sub-Fund has the ability to hedge such Share Classes in relation to the Sub-Fund reference currency. Where hedging of this kind is undertaken the latter is designated a s such by a reference to “hedged” or (“h”). A sub-fund can also choose to manage currency exposure with a reference to a Benchmark. Because such a benchmark is only used as a point of reference, a sub-fund's exposure to any given currency may be different than that of its benchmark. The Sub- Fund will engage for the exclusive account of such Share Classes, in forward foreign exchange contracts, currency futures, currency options or currency s waps, in order to preserve the value of the Share Class in its reference currency against its value in the Sub-Fund currency or against the currencies in which the underlying assets of the Sub-Funds are denominated. Where undertaken, the effects of this hedging is reflected in the Net Asset Value and, therefore, in the performance of the currency Classes. As a resul t, currency hedging may impact the Net Asset Value of one Class as compared to the Net Asset Value of a Class denominated in another currency. Any profit or loss resulting directly from the forward foreign exchange contracts, currency futures, currency options or currency swaps used to create the hedg e is borne by the relevant currency Class in relation to which they have been incurred.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The financial statements are prepared and presented in accordance with generally accepted accounting principles in Luxembourg for investment fund s on a going concern basis. The preparation of financial statements requires management to make estimates and assumptions that may affect the amounts reported in the financial statements and the accompanying notes. Actual results may differ from those estimates.

2.1 FOREIGN CURRENCIES The financial statements of each Sub-Fund of the Fund are expressed in the currency of the Sub-Fund and its accounting records are maintained in that currency. Assets and liabilities in other currencies are translated into the currency of the Sub-Fund using the exchange rate in effect at the year end date. Income and expenses in other currencies are translated into the currency of the Sub-Fund at the exchange rate in effect on the date of the transaction. The resulting exchange differences are recorded in the Combined Statement of Operations and Changes in Net Assets within the caption “Foreign currency translation difference”. The combined financial statements of the Fund represent the sum of the financial statements of each Sub-Fund. The combined financial statements are presented for information purposes only in EUR, each Sub-Fund using the exchange rates prevailing at the Balance Sheet date. The exchange difference resulting from the translation of net assets at the beginning of the year using the year end rates is recognised in the Combined Statement of Operations and Changes in Net Assets within the caption “Foreign currency translation difference”.

Aviva Investors Global Société d’Investissement à Capital Variable – Fonds d’Investissement Spécialisé (SICAV-SIF) gn Envelope ID: FA58777D-7236-8740-82EE-BBE72C74922F

NOTES TO THE FINANCIAL STATEMENTS As at 31 December 2025

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2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

2.2 SWING PRICING A Sub-Fund may suffer dilution of the Net Asset Value per Share due to investors buying or selling Shares at a price that does not reflect the dealing and other costs that arise when security trades are undertaken by the Investment Manager to accommodate cash inflows or outflows. In order to counter this impact and protect the interests of shareholders, the NAV may be adjusted upward when there is strong demand to buy SubFund Shares and downward when there is strong demand to redeem Sub-Fund Shares. The adjustment may vary from Sub-Fund to Sub-Fund and will normally not exceed 2% of the original NAV per Share unless exceptional market conditions occur. The thresholds where swing pricing is triggered are set by the Alternative Investment Fund Manager, and may vary over time and from one Sub- Fund to another. The swing pricing mechanism may be applied across all Sub-Funds and Share Classes, with the exception of Aviva Investors Global - Systematic Strategies Fund. The NAV per Share as disclosed in the statistical information is the published NAV per Share whereas the total net assets disclosed in the Combined Statement of Net Assets is the total net asset value excluding any year end swing adjustment. As at the year end, no swing pricing was applied on the NAV per Share of the Sub-Funds.

2.3 VALUATION OF ASSETS The value of the assets of the Fund is determined as follows: (1) The value of any cash in hand or on deposit, bills and demand notes and accounts receivable, prepaid expenses, cash dividends and interest declared or accrued as aforesaid and not yet received shall be deemed to be the full amount thereof, unless in any case the same is unlikely to be received in full, in which case the value thereof shall be arrived at after making such discount as the Board of Directors may consider appropriate in such case to reflect the true value thereof; (2) The value of securities, Money Market Instruments and/or financial derivative instruments which are quoted or dealt in on any stock exchange is based on the last available price provided that where securities, Money Market Instruments and/or financial derivative instruments are quoted on an y stock exchange operating on the basis of separate bid and offer prices mid-market valuations may, as the Board may decide, be applied; (3) In the event that any of the securities held in the Fund’s portfolio on the relevant dealing day are not quoted or dealt in on any stock exchange or regulated market or if, with respect to securities quoted or dealt in on any stock exchange or regulated market, the price as determined pursuant to sub-paragraphs (2) or (3) is not representative of the fair market value of the relevant securities, the value of such securities is determined based o n the reasonably foreseeable sales price determined prudently and in good faith by or under the Board of Directors' supervision. (4) Shares in open-ended UCIs and/or UCITS are valued on the basis of their last Net Asset Value, as reported by such undertakings. (5) The financial derivative instruments which are not listed on any official stock exchange or traded on any other regulated market are valued in a reliable and verifiable manner on a daily basis and in accordance with market practice, as further detailed below. (6) Swaps contracts A swap is an agreement that obliges two parties to exchange a series of cashflows at specified intervals based upon or calculated by reference to change s in specified prices or rates for a specified amount of an underlying asset. The payment flows are usually netted against each other at the brokers’ leve l, with the difference being paid by one party to the other, if authorised by the dedicated International Swaps and Derivatives Associations agreements ("ISDA agreements"). Risks may arise as a result of the failure of counterparty to the swap contract to comply with the terms of the swap contract. The lo ss incurred by the failure of a counterparty is generally limited to the net payment to be received by the Fund, and/or the termination value at the end of th e contract. Therefore, the Fund considers the creditworthiness of each counterparty to a swap contract in evaluating potential credit risk. Addition ally, risks may arise from unanticipated movements in interest rates or in the value of the underlying securities or indices. Financing leg proceeds received or paid on swap contracts are, respectively, included as part of “Income – Interest on swap contracts” and “Expenses Interest on swap contracts” in the Combined Statement of Operations and Changes in Net Assets. Unrealised gains or losses on the remaining leg are recorded within the caption “Swap contracts at fair value” in the Combined Statement of Net Assets. The changes in unrealised gains or losses are included in the Combined Statement of Operations and Changes in Net Assets within the caption “Net changes in unrealised appreciation/ (depreciation) on swaps contracts”. When a contract is closed, the realised gains or losses are recorded within the caption “Net realised gain/(loss ) on swaps contracts” in the Combined Statement of Operations and Changes in Net Assets. The cashflows received and paid by the Sub-Fund in connection with swap contracts are converted to present value on the valuation date corresponding to the maturity of these cashflows. The value of the swap contracts is the difference between these two present value conversions. Please refer to the Portfolio of Investments and Other Net Assets for the details of the contracts outstanding as at 31 December 2025.

2.4 TREATMENT OF INTEREST INCOME AND DIVIDENDS Interest income is accrued on a daily basis. Dividend income is recorded on the ex-dividend date. Both are recorded net of withholding tax.

3. COLLATERAL Several Sub-Funds received and pledged collateral to cover the unrealised results on OTC derivative instruments. Collateral is calculated and sett led on a daily basis per counterparty. Cash collaterals cannot be sold, re-invested or pledged.

Sub-Fund Name Currency Counterparty

Type of collateral Collateral received Collateral pledged Aviva Investors Global – EUR ReturnPlus Fund EUR BNP Paribas Cash 290,000 Aviva Investors Global – EUR ReturnPlus Fund EUR Citigroup Cash 1,100,000 -

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