Kimberly Clark CORP

• SC Seafarer Capital Partners Portfolio Review ↗ Seafarer Overseas Value Fund added Suzano and HDFC Bank, citing low-cost pulp assets, post-merger bank normalization and branch-network maturation, while Tata Motors’ spinoff created separate passenger and commercial-vehicle holdings. The fund attributes its results to capital returns and asset recycling at Georgia Capital, Lion Finance, Hongkong Land and DFI Retail, and argues emerging-market earnings resilience extends beyond AI. fourth quarter of 2025 006400 $33B028260 $33BDFIB +7

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