EEA Overview

Funds' Share Repurchase Authorization: The Central and Eastern Europe Fund, European Equity Fund, and New Germany Fund have extended their share repurchase authorization for an additional twelve months, allowing them to buy back shares when trading at a discount to net asset value from August 1, 2025, to July 31, 2026.

Investment Advisory Fee Waiver: The Central and Eastern Europe Fund's investment advisor has agreed to waive 50% of its advisory fee until at least December 31, 2025, extending the previous waiver period.

Annual Meeting Results: The European Equity Fund, Inc. announced the election of Ms. Fiona Flannery and Dr. Holger Hatje as Class II Directors for a three-year term, ratified Ernst & Young LLP as independent auditors for the 2025 fiscal year, and approved amendments to eliminate the classification of the Board.

Investment Risks: The Fund's focus on European equity securities exposes it to various risks including geopolitical events, sanctions affecting Russia and its economy, and market volatility, which may adversely impact the value of its portfolios.

Management Changes: Hansjoerg Pack will take over as portfolio manager of the European Equity Fund, Inc. on July 1, 2025, succeeding Juan Barriobero, who will become deputy portfolio manager.

Investment Risks: The fund focuses on European equity securities, which exposes it to regional economic developments and various risks associated with foreign investments, including market volatility and geopolitical events.

Annual Meeting Announcement: The European Equity Fund, Inc. will hold its Annual Meeting of Stockholders on June 30, 2025, where stockholders will vote on the election of Directors, approval of auditors, and a proposal to amend the Fund's charter.

Investment Risks: The Fund primarily invests in European equity securities, which exposes it to various risks including market volatility, currency fluctuations, and geopolitical events that may adversely affect its investments.