1 2<!DOCTYPE html><!--[if lt IE 7]><html class="lt-ie10 lt-ie9 lt-ie8 lt-ie7" lang="en"><![endif]--><!--[if IE 7]><html class="lt-ie10 lt-ie9 lt-ie8" lang="en"><![endif]--><!--[if IE 8]><html class="lt-ie10 lt-ie9" lang="en"><![endif]--><!--[if IE 9]><html class="lt-ie10" lang="en"><![endif]--><!--[if gt IE 9]><!--><html lang="en"><!--<![endif]--><head><title>Spring Capital Partners: News & Views</title><link rel="shortcut icon" href="/static//icons/corp2_favicon_6idiwZc.ico" type="image/x-icon" /><meta charset="UTF-8"><meta name="viewport" content="width=device-width, initial-scale=1.0"><meta property="og:title" content="Spring Capital Partners: News & Views"><meta name="description" content="Timely, transparent insights and commentary from our boutique fund managers on markets, portfolios and latest thinking."><meta property="og:description" content="Timely, transparent insights and commentary from our boutique fund managers on markets, portfolios and latest thinking."><link rel="stylesheet" type="text/css" href="/static/page_css/Spring/ROUTE_4131_PAGE_1363_AUDIENCE_49_VERSION_live_CACHED_True.css?version=2026-09-24T10:50:10.182470+00:00" /><style id="css-aspect-styles">@font-face { 3 font-family: 'iconfont_1_categories_and_filt'; 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1030</div></div></div><div id="mobile-menu-primary" class="MobileMenu --primary sticky top-0 z-40"></div><div id="page-content-zone" class="content scroll-smooth"><div class="part-12959 part simple partview-1808" data-part_id="12959" data-part_type="Simple" data-placement-type="page" data-placement-id="10016"><section class="flex flex-col-reverse lg:flex-row bg-springGrey relative"><div class="lg:w-[45%] bg-springGrey "><div class="flex flex-col-reverse md:flex-row lg:justify-end items-start mx-auto h-full"><div class="flex h-full container mx-auto lg:w-auto lg:m-0"><div class="flex flex-col items-start justify-center md:min-h-[288px] xs-w-full w-[80%] lg:w-[360px] lg:mr-12 p-4 pb-8 md:pb-4 lg:p-0"><h2 class=" mb-4 text-4xl font-extralight leading-none text-white"> 1031 News & Views 1032 </h2><div class=" font-light text-white"><p>Welcome to our News & Views section, where we share insights from our fund managers on a variety of topics. From portfolio strategies and market impacts to ESG and company dynamics, these written pieces provide timely updates and perspectives. Additionally, we post stories from the trade press that feature our investment partners.</p></div></div></div></div></div><div 1033 class="bg-[url('/static//images/news-views-header.png')] bg-cover min-h-[160px] lg:min-h-[300px] bg-cover bg-no-repeat bg-center overflow-x-clip flex-1"></div><div class="absolute bottom-0 left-0 right-0 max-w-[100vw] z-10 overflow-hidden -mb-px"><img class="min-w-[calc(100vw+2rem)] -ml-4 -mr-4" 1034 src="/static/images/grey-swoosh.svg" alt="swoosh" /></div></section><!-- <div class="block md:hidden bg-offWhite w-screen"><svg viewBox="0 0 375 15" fill="none" xmlns="http://www.w3.org/2000/svg"><path d="M375 14.0213V0H0L0 0.306717C91.3388 5.87151 226.925 12.4702 375 14.0213Z" fill="#424d69" /></svg></div> --></div><div class="part-15931 part reactcomponent partview-2657" data-part_id="15931" data-part_type="ReactComponent" ><div id="root"></div>
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1577ox="0 0 36 37" fill="none"><path d="M27.75 17C28.5784 17 29.25 17.6716 29.25 18.5C29.25 19.3284 28.5784 20 27.75 20H7.5C6.67157 20 6 19.3284 6 18.5C6 17.6716 6.67157 17 7.5 17H27.75Z" fill="currentColor"/><path d="M19.1893 8.47059C19.7751 7.8848 20.7249 7.8848 21.3107 8.47059L30.2784 17.4384L31.3391 18.499L21.3107 28.5275C20.7249 29.1132 19.7751 29.1132 19.1893 28.5275C18.6036 27.9417 18.6036 26.9919 19.1893 26.4061L27.096 18.499L19.1893 10.5919C18.6344 10.037 18.6052 9.15534 19.1017 8.566L19.1893 8.47059Z" fill="currentColor"/></svg></button></div></div></section></div></div></div>
1577<script id="audience-select-text-pieces" type="application/json"> 1578 {"audience_us": {"default": {"audience_ids": [356, 365, 49, 1020, 459, 757, 349, 558, 350, 351, 352, 353, 354, 355, 1024, 393, 1025, 1026], "jurisdiction_ids": [160, 161, 162, 163, 164, 165, 166, 167, 168, 170, 203, 302, 435, 632, 25, 636, 637, 638], "usertype_ids": [25], "html": "<p>Thank you for your interest in the Spring Capital fund range. We regret to inform you that the funds are not offered for sale in the USA, its territories or possessions nor to any US persons including citizens of the United States, nor in any jurisdiction in which the fund is not authorized to be publicly sold. The funds are available only in jurisdictions where their promotion and sale are permitted.</p>"}}, "audience_private": {"default": {"audience_ids": [356, 365, 1020, 757, 349, 350, 351, 352, 353, 354, 355, 1024, 1025, 1026], "jurisdiction_ids": [160, 161, 162, 163, 164, 165, 166, 167, 170, 435, 632, 636, 637, 638], "usertype_ids": [25], "html": "<p>Thank you for your interest in Spring Capital. We regret to inform you that we are not permitted to discuss specific details of Spring Capital fund range unless you are a Professional Client as defined by the relevant financial regulations in your jurisdiction. Our website therefore is restricted to Professional Clients only. If you are a shareholder of any Spring Capital funds we suggest you contact your financial advisor or platform who will be able to supply you with the information that you require. Thank you for your cooperation.</p>"}, "3380": {"audience_ids": [49], "jurisdiction_ids": [25], "usertype_ids": [], "html": "<p>Thank you for your interest in the Spring Capital fund range. We regret to inform you that we are not permitted to discuss specific details of Spring Capital fund range unless you are a Professional Client as defined by the UK Financial Conduct Authority (FCA). Our website therefore is restricted to Professional Clients only. If you are a shareholder of any Spring Capital funds please contact your financial advisor or platform who will be able to supply you with the information that you require. Thank you for your cooperation.</p>"}, "3383": {"audience_ids": [459], "jurisdiction_ids": [168], "usertype_ids": [], "html": "<p>Thank you for your interest in the Spring Capital fund range. We regret to inform you that the funds are not currently offered for sale in this jurisdiction, nor in any jurisdiction in which the fund is not authorized to be publicly sold. The funds are available only in jurisdictions where their promotion and sale are permitted - and only to persons permitted by the relevant regulations.</p>"}, "3381": {"audience_ids": [558], "jurisdiction_ids": [302], "usertype_ids": [], "html": "<p>Thank you for your interest in the Spring Capital fund range. We regret to inform you that we are not permitted to discuss specific details of Spring Capital fund range unless you are a Professional Client as defined by the UK Financial Conduct Authority (FCA). Our website therefore is restricted to Professional Clients only. If you are a shareholder of any Spring Capital funds please contact your financial advisor or platform who will be able to supply you with the information that you require. Thank you for your cooperation.</p>"}, "3382": {"audience_ids": [393], "jurisdiction_ids": [203], "usertype_ids": [], "html": "<p>Thank you for your interest in the Spring Capital fund range. We regret to inform you that the funds are not currently offered for sale in this jurisdiction, nor in any jurisdiction in which the fund is not authorized to be publicly sold. The funds are available only in jurisdictions where their promotion and sale are permitted - and only to persons permitted by the relevant regulations.</p>"}}, "audience_international": {"default": {"audience_ids": [356, 365, 49, 1020, 459, 757, 349, 558, 350, 351, 352, 353, 354, 355, 1024, 393, 1025, 1026], "jurisdiction_ids": [160, 161, 162, 163, 164, 165, 166, 167, 168, 170, 203, 302, 435, 632, 25, 636, 637, 638], "usertype_ids": [25], "html": "<p></p>\n<p>This website is not available to users in your jurisdiction.</p>\n<p></p>\n<p>Thank you for your cooperation.</p>"}}, "terms_and_conditions": {"default": {"audience_ids": [49, 459, 558, 393], "jurisdiction_ids": [160, 161, 162, 163,
1578164, 165, 166, 168, 170, 203, 302, 435, 632, 25, 636, 637, 638], "usertype_ids": [25], "html": "<p>The information contained on this website is for Professional Clients only, as defined by the UK Financial Conduct Authority (FCA), and should not be circulated to retail investors. Spring Capital Partners Limited (“Spring”) is an appointed representative of Robert Quinn Advisory LLP which is authorised and regulated by the Financial Conduct Authority. Its registration number is 548030.</p>\n<p>The funds are not offered for sale in the USA, its territories or possessions nor to any US persons including citizens of the United States, nor in any jurisdiction in which the fund is not authorised to be publicly sold. The funds are available only in jurisdictions where their promotion and sale are permitted.</p>\n<p>The information contained in the website may not be redistributed directly or indirectly to any citizen or resident of the United States or any other jurisdiction where its distribution may be restricted by law. It is the responsibility of persons accessing the website to ensure that they are allowed to access the information contained herein. This website and the information contained herein does not constitute an offer or recommendation or invitation to purchase any funds or products.</p>\n<p>Only funds that are registered for distribution in any particular jurisdiction will be available for sale in that jurisdiction.</p>\n<p>Spring does not provide and nothing contained in this website should be deemed to constitute the provision of financial, investment, tax or any other professional advice in any way. This site does not constitute or form part of any offer to issue or sell, or any solicitation of an offer to subscribe or purchase any investment nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore.</p>\n<p>The information contained within this site is strictly confidential and may not be reproduced, distributed or published by any recipient for any purpose without the prior written consent of Spring.</p>\n<p>No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained within this website by Spring or any of its directors or employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. As such, no reliance may be placed for any purpose on the information and opinions contained within this site.</p>\n<h2>Risk Warnings</h2>\n<p>Please remember that the value of investments and the income from them can fluctuate (this may partly be the result of exchange rate fluctuations) and you may
1578not get back the full amount invested. Past performance is not a guide to the future. Where Spring has expressed its own views and opinions, these may change.</p>\n<p>By clicking the button below to accept this Important Disclaimer, and by using this website, you confirm that you accept these terms as binding. We reserve the right to change the terms of this Disclaimer without notice, and by accessing or using the website, you agree to abide by such changes. For our full terms and conditions, please click the Legal Information Link at the bottom of our page after accepting.</p>\n<p><strong>I confirm that</strong></p>\n<ul>\n<li>I satisfy the criteria for a Professional Client</li>\n<li>I have read and fully understand this important disclaimer and accept the terms as binding.</li>\n</ul>"}, "4704": {"audience_ids": [356], "jurisdiction_ids": [167], "usertype_ids": [], "html": "<p>The information contained within this site is strictly confidential and may not be reproduced, distributed or published by any recipient for any purpose without the prior written consent of Spring.</p>\n<p>The funds are not offered for sale in the USA, its territories or possessions nor to any US persons including citizens of the United States, nor in any jurisdiction in which the fund is not authorised to be publicly sold. The funds are available only in jurisdictions where their promotion and sale are permitted.</p>\n<p>Only funds that are registred for distribution in any particular jurisdiction will be available for sale in that jurisdiction.</p>\n<p>The Zennor Japan Fund has appointed as Swiss Representative Waystone Fund Services (Switzerland) SA, Av. Villamont 17, 1005 Lausanne, Switzerland, Tel: +41 21 311 17 77, [email protected]. The Fund’s Swiss paying agent is Banque Cantonale de Genève. In respect of the Shares distributed in or from Switzerland, the place of performance and jurisdiction is at the registered office of the Swiss Representative.</p>\n<p>The information contained in the website may not be redistributed directly or indirectly to any citizen or resident of the United States or any other jurisdiction where its distribution may be restricted by law. It is the responsibility of persons accessing the website to ensure that they are allowed to access the information contained herein. This website and the information contained herein does not constitute an offer or recommendation or invitation to purchase any funds or products.</p>\n<p>The information contained within this site is strictly confidential and may not be reproduced, distributed or published by any recipient for any purpose without the prior written consent of Spring.</p>\n<p>Spring Capital Partners does not provide and nothing contained in this website should be deemed to constitute the provision of financial, investment, tax or any other professional advice in any way. This site does not constitute or form part of any offer to issue or sell, or any solicitation of an offer to subscribe or purchase any investment nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore.</p>\n<p>The information contained within this site is strictly confidential and may not be reproduced, distributed or published by any recipient for any purpose without the prior written consent of Spring.</p>\n<p>No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained within this website by Spring or any of its directors or employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. As such, no reliance may be placed for any purpose on the information and opinions contained within this site.</p>\n<p><strong>Risk Warnings</strong></p>\n<p>Please remember that the value of investments and the income from them can fluctuate (this may partly be the result of exchange rate fluctuations) and you may
1578not get back the full amount invested. Past performance is not a guide to the future. Where Spring has expressed its own views and opinions, these may change.</p>\n<p>By clicking the button below to accept this Important Disclaimer, and by using this website, you confirm that you accept these terms as binding. We reserve the right to change the terms of this Disclaimer without notice, and by accessing or using the website, you agree to abide by such changes. For our full terms and conditions, please click the Legal Information Link at the bottom of our page after accepting.</p>\n<p><strong>I confirm that</strong></p>\n<ul>\n<li>I satisfy the criteria for a Professional Client</li>\n</ul>\n<ul>\n<li>I have read and fully understand this important disclaimer and accept the terms as binding.</li>\n</ul>"}, "4705": {"audience_ids": [365, 1020, 757, 349, 350, 351, 352, 353, 354, 355, 1024, 1025, 1026], "jurisdiction_ids": [], "usertype_ids": [], "html": "<p>The information contained on this website is for Professional Clients only, as defined in Annex II MiFID II and should not be circulated to retail investors.</p>\n<p>Spring Capital Partners GmbH and Spring Capital Partners AB are entitled to exclusively engage in investment brokerage (by promotion of the potential investor's willingness to enter into a transaction but excluding the reception and transmission of orders) to Professional Clients as defined in Annex II MiFID II and as implemented in the respective national legislation. Spring Capital Partners GmbH and Spring Capital Partners AB are only allowed to provide service according to Article 29 (3) of MiFID II and as implemented in the respective national legislation for the account and under the liability of Allington Investment Advisors GmbH, Kaiser-Friedrich-Promenade 127, 61348 Bad Homburg v.d.H., Germany, authorised and regulated by the German Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and is entered in the public register of tied agents held by BaFin.</p>\n<p>The funds are not offered for sale in the USA, its territories or possessions nor to any US persons including citizens of the United States, nor in any jurisdiction in which the fund is not authorised to be publicly sold. The funds are available only in jurisdictions where their promotion and sale are permitted.</p>\n<p>Only Funds that are registered for distribution in any particular jurisdiction will be available for sale in that jurisdiction.</p>\n<p>The information contained in the website may not be redistributed directly or indirectly to any citizen or resident of the United States or any other jurisdiction where its distribution may be restricted by law. It is the responsibility of persons accessing the website to ensure that they are allowed to access the information contained herein. This website and the information contained herein does not constitute an offer or recommendation or invitation to purchase any funds or products.</p>\n<p>The information contained within this site is strictly confidential and may not be reproduced, distributed or published by any recipient for any purpose without the prior written consent of Spring.</p>\n<p>Spring Capital Partners GmbH and Spring Capital Partners AB do not provide and nothing contained in this website should be deemed to constitute the provision of financial, investment, tax or any other professional advice in any way. This site does not constitute or form part of any offer to issue or sell, or any solicitation of an offer to subscribe or purchase any investment nor shall it or the fact of its distribution form the basis of, or be relied on in connection with, any contract therefore.</p>\n<p>No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained within this website by Spring or any of its directors or employees and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions. As such, no reliance may be placed for any purpose on the information and opinions contained within this site.</p>\n<p><strong>Risk Warnings</strong></p>\n<p>Please remember that the value of investments and the income from them can fluctuate (this may partly be the result of exchange rate fluctuations) and you may
1578not get back the full amount invested. Past performance is not a guide to the future. Where Spring has expressed its own views and opinions, these may change.</p>\n<p>By clicking the button below to accept this Important Disclaimer, and by using this website, you confirm that you accept these terms as binding. We reserve the right to change the terms of this Disclaimer without notice, and by accessing or using the website, you agree to abide by such changes. For our full terms and conditions, please click the Legal Information Link at the bottom of our page after accepting.</p>\n<p><strong>I confirm that</strong></p>\n<ul>\n<li>I satisfy the criteria for a Professional Client</li>\n</ul>\n<ul>\n<li>I have read and fully understand this important disclaimer and accept the terms as binding.</li>\n</ul>"}}} 1579</script>
1579</div></div><div id="mobile-menu-secondary" class="MobileMenu --secondary"></div><div id="overlay-cover"></div><div class="part-14661 part advancedhtml partview-199" data-part_id="14661" data-part_type="AdvancedHTML" ><div class="part-wrapper"><div><div x-data x-show="$store.cookies.modalOpen" @click="$store.cookies.closeModal()" class="fixed inset-0 z-[99999]"></div><div x-data 1580 x-show="$store.cookies.modalOpen" 1581 class="bg-white rounded-t-xl rounded-r-xl p-6 fixed bottom-0 left-0 min-h-[250px] w-screen md:w-[750px] flex flex-col justify-end z-[99999] shadow-[-1px_-1px_20px_1px_rgba(0,0,0,0.60)] " ><!-- ********* --><!-- DEFAULT VIEW --><!-- ********* --><section x-data :class="$store.cookies.showInfo ? 'hidden': ''"><!-- Header --><h5 class="font-semibold text-primary">Our Use of Cookies</h5><div class="flex flex-col md:flex-row gap-6 mt-2 text-sm"><!-- Left --><div class="flex-1"><p> 1582 We use cookies - the analytical kind, sadly not edible - to help personalise content, track visits to 1583 our 1584 website, and optimise your experience. <br>By continuing to browse the site you are agreeing to our 1585 <span class="font-bold">cookie 1586 policy</span>. 1587 </p></div><!-- Right --><div class="flex-1"><template x-for="(data, index) in $store.cookies.data"><div class="flex justify-between items-center border-b border-gray-200 pb-2 mb-2"><h6 class="text-sm" x-text="data.title"></h6><div class="h-full flex items-center gap-x-2">
1587<span class="text-xs" x-text="data.key === 'necessaryCookies' ? 'Always on' : ''"></span><button type="button" 1588 x-data 1589 :class="$store.cookies[data.key] ? 'bg-primary' : 'bg-gray-200'" 1590 class=" relative inline-flex h-6 w-11 flex-shrink-0 cursor-pointer rounded-full border-2 border-transparent transition-colors duration-200 ease-in-out focus:outline-none focus:ring-2 focus:ring-green-600 focus:ring-offset-2" 1591 role="switch" aria-checked="false" @click="$store.cookies.toggleCookies(data.key)"><!-- Enabled: "translate-x-5", Not Enabled: "translate-x-0" --><span aria-hidden="true" 1592 class="pointer-events-none inline-flex h-5 w-5 transform rounded-full bg-white shadow ring-0 transition duration-200 ease-in-out justify-center items-center" 1593 x-data :class="$store.cookies[data.key] ? 'translate-x-5' : 'translate-x-0'"><svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg" 1594 class="-ml-[1px]"><g id="Icons/check_24px"><path id="icon" 1595 d="M4.50008 8.08492L2.41508 5.99992L1.70508 6.70492L4.50008 9.49992L10.5001 3.49992L9.79508 2.79492L4.50008 8.08492Z" 1596 fill="#016560" /></g></svg></span></button></div></div></template></div></div></section><!-- ********* --><!-- INFO VIEW --><!-- ********* --><section x-data x-show="$store.cookies.showInfo" class="h-full"><template x-for="(data, index) in $store.cookies.data"><div class="border-b border-gray-200 pb-1 mb-1"><div class="flex justify-between py-1"><button x-data @click="$store.cookies.setActiveSection(data.key)"><h6 class="flex text-sm text-secondary"><svg xmlns="http://www.w3.org/2000/svg" width="24" height="24" viewBox="0 0 24 24" fill="none" 1597 class="transform" :class="$store.cookies.activeSection === data.key ? '' : 'rotate-180'"><path d="M17.9678 15.0117L11.9893 9.0332L6.01074 15.0117" stroke="#434D68" stroke-width="2" 1598 stroke-linecap="round" /></svg><span x-text="data.title"></span></h6></button><div class="h-full flex items-center gap-x-2">
1598<span class="text-xs" x-text="data.key === 'necessaryCookies' ? 'Always on' : ''"></span><button type="button" 1599 :class="$store.cookies[data.key] ? 'bg-primary' : 'bg-gray-200'" 1600 class="bg-gray-200 relative inline-flex h-6 w-11 flex-shrink-0 cursor-pointer rounded-full border-2 border-transparent transition-colors duration-200 ease-in-out focus:outline-none focus:ring-2 focus:ring-green-600 focus:ring-offset-2" 1601 role="switch" aria-checked="false" @click="$store.cookies.toggleCookies(data.key)"><!-- Enabled: "translate-x-5", Not Enabled: "translate-x-0" --><span aria-hidden="true" 1602 class="pointer-events-none inline-flex h-5 w-5 transform rounded-full bg-white shadow ring-0 transition duration-200 ease-in-out justify-center items-center" 1603 x-data :class="$store.cookies[data.key] ? 'translate-x-5' : 'translate-x-0'"><svg width="12" height="12" viewBox="0 0 12 12" fill="none" xmlns="http://www.w3.org/2000/svg" 1604 class="-ml-[1px]"><g id="Icons/check_24px"><path id="icon" 1605 d="M4.50008 8.08492L2.41508 5.99992L1.70508 6.70492L4.50008 9.49992L10.5001 3.49992L9.79508 2.79492L4.50008 8.08492Z" 1606 fill="#016560" /></g></svg></span></button></div></div><p class="text-xs pr-8 overflow-hidden transition" 1607 :class="$store.cookies.activeSection === data.key ? 'h-full' : 'h-0'" x-html="data.text"></p></div></template></section><div class="flex mt-8 gap-x-4 justify-end"><button x-data x-text="$store.cookies.showInfo ? 'Back' : 'Cookie details'" 1608 class="border border-secondary rounded-lg px-6 py-1.5 text-center" @click="$store.cookies.toggleShowInfo()"></button><button class="bg-secondary text-white rounded-lg px-6 py-1.5 text-center" @click.stop="$store.cookies.saveAndClose()"> 1609 Save and close 1610 </button></div></div><button x-data @click.stop="$store.cookies.toggleModalOpen()" class="fixed bottom-0 left-0 z-[99999]"><svg width="80" height="80" viewBox="0 0 80 80" fill="none" xmlns="http://www.w3.org/2000/svg"><g clip-path="url(#clip0_3923_55783)"><path d="M0 0L80 80H0V0Z" fill="#F1F1F1" /><path 1611 d="M22.5227 45.8008C19.4157 45.8008 16.4359 47.035 14.2389 49.2321C12.0419 51.4291 10.8076 54.4088 10.8076 57.5159C10.8076 60.6229 12.0419 63.6027 14.2389 65.7997C16.4359 67.9967 19.4157 69.231 22.5227 69.231C25.6297 69.231 28.6095 67.9967 30.8065 65.7997C33.0035 63.6027 34.2378 60.6229 34.2378 57.5159C34.2378 56.865 34.1857 56.2142 34.0686 55.5634C33.7171 54.9125 32.9361 54.9125 32.9361 54.9125H30.3328V53.6108C30.3328 52.3092 29.0311 52.3092 29.0311 52.3092H26.4277V51.0075C26.4277 49.7058 25.1261 49.7058 25.1261 49.7058H23.8244V47.1025C23.8244 45.8008 22.5227 45.8008 22.5227 45.8008ZM19.2685 49.7058C19.7864 49.7058 20.283 49.9115 20.6491 50.2777C21.0153 50.6439 21.221 51.1405 21.221 51.6583C21.221 52.1762 21.0153 52.6728 20.6491 53.039C20.283 53.4051 19.7864 53.6108 19.2685 53.6108C18.7507 53.6108 18.254 53.4051 17.8879 53.039C17.5217 52.6728 17.316 52.1762 17.316 51.6583C17.316 51.1405 17.5217 50.6439 17.8879 50.2777C18.254 49.9115 18.7507 49.7058 19.2685 49.7058ZM15.3635 54.9125C15.8813 54.9125 16.378 55.1182 16.7441 55.4844C17.1103 55.8506 17.316 56.3472 17.316 56.865C17.316 57.3829 17.1103 57.8795 16.7441 58.2457C16.378 58.6118 15.8813 58.8175 15.3635 58.8175C14.8456 58.8175 14.349 58.6118 13.9828 58.2457C13.6167 57.8795 13.411 57.3829 13.411 56.865C13.411 56.3472 13.6167 55.8506 13.9828 55.4844C14.349 55.1182 14.8456 54.9125 15.3635 54.9125ZM21.8719 56.2142C22.3897 56.2142 22.8863 56.4199 23.2525 56.7861C23.6187 57.1522 23.8244 57.6489 23.8244 58.1667C23.8244 58.6845 23.6187 59.1812 23.2525 59.5473C22.8863 59.9135 22.3897 60.1192 21.8719 60.1192C21.354 60.1192 20.8574 59.9135 20.4912 59.5473C20.1251 59.1812 19.9194 58.6845 19.9194 58.1667C19.9194 57.6489 20.1251 57.1522 20.4912 56.7861C20.8574 56.4199 21.354 56.2142 21.8719 56.2142ZM28.3802 58.8175C28.8981 58.8175 29.3947 59.0233 29.7609 59.3894C30.1271 59.7556 30.3328 60.2522 30.3328 60.7701C30.3328 61.2879 30.1271 61.7845 29.7609 62.1507C29.3947 62.5169 28.8981 62.7226 28.3802 62.7226C27.8624 62.7226 27.3658 62.5169 26.9996 62.1507C26.6334 61.7845 26.4277 61.2879 26.4277 60.7701C26.4277 60.2522 26.6334 59.7556 26.9996 59.3894C27.3658 59.0233 27.8624 58.8175 28.3802 58.8175ZM21.221 62.7226C21.7389 62.7226 22.2355 62.9283 22.6017 63.2945C22.9678 63.6606 23.1735 64.1572 23.1735 64.6751C23.1735 65.1929 22.9678 65.6896 22.6017 66.0557C22.2355 66.4219 21.7389 66.6276 21.221 66.6276C20.7032 66.6276 20.2066 66.4219 19.8404 66.0557C19.4742 65.6896 19.2685 65.1929 19.2685 64.6751C19.2685 64.1572 19.4742 63.6606 19.8404 63.2945C20.2066 62.9283 20.7032 62.7226 21.221 62.7226Z" 1612 fill="#016560" /></g><defs><clipPath id="clip0_3923_55783"><rect width="80" height="80" fill="white" /></clipPath></defs></svg></button></div></div></div></div></div><input type="hidden" name="test" />
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