Kuali and Huruma Funds join the Code of Good Practices for Impact Investment

We are pleased to announce that the GAWA Capital managed funds, Huruma Fund S.C.A. SICAR-EuSEF and Kuali Fund S.C.A. SICAR-EuSEF have formally adhered to the Code of Good Practices for Impact Investment, promoted by SpainNAB, as of September 10, 2025.

By joining this initiative, we reaffirm our commitment to:

• Apply the “apply and explain” model outlined in the Code, adopting its principles and recommendations.

• Ensure that our management is guided by intentionality, rigorous and transparent impact measurement, and additionality, supporting projects that address needs unmet by conventional markets.

• Uphold the key principles of the Code, such as linking compensation to impact, transparency, verification, sustainability during exits, and respect for human rights and the environment.

• Build the trust of investors, partners, and beneficiaries, positioning ourselves as a reference in integrity and transparency within the growing impact investment market.

At GAWA Capital, we believe investment should be a driver of positive change. This step strengthens our mission to mobilize capital toward initiatives that generate transformative social and environmental impact, contributing to the development of vulnerable communities and the transition to a more sustainable future.