Mercer Short Duration Fixed Income Fund Class Y-3 · NASDAQ:MSDYX

Mercer Short Duration Fixed Income Fund Class Y-3 — Mercer — COVID-19: Dealing with the impact webinar (March 2020)

14 slides from Mercer Short Duration Fixed Income Fund Class Y-3's conference presentation, Mar 12, 2020

1. Slide 1: COVID-19: Dealing with the impact

   COVID-19: Dealing with the impact Webinar March 12, 2020 welcome to brighter

2. Slide 2: Speakers

   Speakers Sylvia Rupert James Chris Kate Pozezanac Watson Brundrett Bailey Fitzpatrick CEO, Mercer UK Partner and Partner, Partner, Mercer Senior Principal, Portfolio Investments, Marsh Benefits Career, Mercer Manager, Mercer Mercer Copyright © 2020 Mercer (US) Inc. All rights reserved.

3. Slide 3: China contained. Others not

   China contained. Others not Source: WHO Countries may be able to contain COVID 2. Question is: are they willing and able to suffer the economic hit to do so? Copyright © 2020 Mercer (US) Inc. All rights reserved.

4. Slide 4: The economic impact of the Coronavirus

   The economic impact of the Coronavirus as activity curtailed via weaker business & by governments & consumer confidence & central banks supply chain disruption Update @ 12 March 2020 • China returning to normal • Big confidence hit likely • Fed & others cut rates • Italy in lockdown • Supply chain c

5. Slide 5: Market reaction

   Market reaction Source: Mercer Copyright © 2020 Mercer (US) Inc. All rights reserved.

6. Slide 6: Investments - What can pension schemes do?

   Investments - What can pension schemes do? Assess covenant Scenario Real time Identify key issues Checklist monitoring and risk analysis appetite Rebalance De-risk / re-risk Assess collateral Actions and liquidity Member Governance communications Copyright © 2020 Mercer (US) Inc. All rights reserved

7. Slide 7: Employee experience is where people meet operations

   Employee experience is Communication, reassurance, clarity where people meet Support from employee benefits operations Focus on the employee experience The role of occupational health ? Travel policies Remote working logistics Self isolation/social distancing Reward policies Preparedness planning Co

8. Slide 8: Employee experience is where people meet operations

   Employee experience is Communication, reassurance, clarity where people meet Support from employee benefits operations Focus on the employee experience The role of occupational health Ensure that you have coverage ? for those that need it Review your policy wording to Travel policies understand if i

9. Slide 9: Contingency and Continuity Interim Workforce Planning

   Contingency and Continuity Interim Workforce Planning How When Where What Who • Traditional model •Flexibility • Remote / virtual • Business critical • Likely workforce vs. a diverse •Eligibility working tasks demographic talent ecosystem •Ill vs. quarantine • Alternate / • Activity / event impact (

10. Slide 10: Compensation and Benefits Considerations by workforce segment

    Compensation and Benefits Considerations by workforce segment Executives Local Contingent & Expatriates Dependent Family Employees Contracted Members Workers • LTI and • Review and • Review and • Currency • Review and performance clarify policies clarify policies volatility clarify benefits metrics

11. Slide 11: Communicate! Protect. Evaluate. Prevent.

    Communicate! Protect. Evaluate. Prevent. Where should we start? Your workforce comes first. When outbreaks such as COVID-19 occur – think fast – but don’t always react fast. #Gather information from World Health #Treat your workforce equally While Organisation, government entities. Speak to expatria

12. Slide 12: Q&A

    Q&A For further information and materials, please visit: https://www.mercer.com/our-thinking/managing-novel- coronavirus.html Copyright © 2020 Mercer (US) Inc. All rights reserved.

13. Slide 13: Important Notices

    Important Notices References to Mercer shall be construed to include Mercer LLC and/or its associated companies. © 2020 Mercer LLC. All rights reserved. This document contains confidential and proprietary information of Mercer and is intended for the exclusive use of the parties to whom it was provi

14. Slide 14: Mercer

    <« “MERCER welcome to brighter

Mercer — COVID-19: Dealing with the impact webinar (March 2020) on 6ix