Business Continuity Plan

Harbert Management Corporation maintains a Business Continuity Plan (BCP) on behalf of its affiliated entities HMC Investments, Inc. and Harbert Fund Advisors, Inc. (collectively “HMC”) that has been developed to protect the health and safety of our employees and maintain continuity of service for our investors.

Key Elements of HMC’s Business Continuity Plan:
  • Office evacuation plan and emergency procedures in the event of a disaster.
  • Emergency contact list and procedures, updated and distributed on a regular basis.
  • Uninterrupted access to business resources and mission critical systems.
  • Alternate communication solutions for employees, investors and regulators.

HMC’s BCP is designed to help ensure that we can continue to do business with little or no disruption. In the event of a significant business disruption, our employees have the ability to assemble at alternate business locations and access HMC’s computer network remotely. In the event of a regional disruption of significant scope, key service providers would be contacted in order to provide critical processing for our investment transactions. Our key service providers maintain similar BCP’s and alternate business locations that permit them to resume critical functions in a reasonable period of time.

We cannot forecast every potential problem that may occur, however we believe our BCP will enable us to continue to conduct business regardless of the nature or severity of the disruption.

HMC’s BCP is reviewed and updated on an annual basis. The BCP is subject to modification based on changing circumstances and assessment of need. Additionally, the BCP is updated on an as-needed basis as business processes, technology, or staff change. This document will not necessarily be re-sent to you when the BCP is updated or modified, but we do post general and updated information about our BCP on our Website at https://www.harbert.net/business- continuity-plan. If you wish to have an updated BCP Plan sent via Email or U.S. Mail, you may contact us at BCP@harbert.net or by written request to 2100 Third Avenue North, Suite 600 Birmingham, AL 35203.

Last updated: 5/9/2018