Storebrand Exclusion List Q3 2020

Controversial weapons Corporation Exclusion category: • Airbus SE • Formosa Petrochemical Co Conduct-based exclusion - Environment 14 • BAE Systems plc • Fortis Inc • Boeing Co. • GD Power Development Conduct-based exclusion - Corruption 9 • Booz Allen Hamilton Holding • Glencore PLC Conduct-based exclusion - Human Rights and 31 Corp • Guangdong Investment International Law • Brookfield Asset Management • Guanghui Energy Co Ltd Tobacco 25 Inc. • HK Electric Investments & HK • China Shipbuilding Industry Electric Investments Ltd Controversial weapons 24 • Elbit Systems Ltd • Huadian Power International Climate - Coal 96 • Fortive Corp Corp Ltd Climate - Lobbying 6 • General Dynamics Corp • Huaneng Power International • Hanwha Corp • Hubei Energy Group Co Ltd Climate - Oilsand 6 • Honeywell International • Idemitsu Kosan Unsustainable Palmoil 13 • Huntington Ingalls Industries Inc • Inner Mongolia Junzheng Energy Cannabis 2 • Jacobs Engineering Group & Chemical Industry Group Co • L3Harris Technologies, Inc. Ltd No. of companies excluded: 207* • Larsen & Toubro Ltd • Inner Mongolia Mengdian No. of companies on observation list 2 • Leidos Holdings Inc. Huaneng Thermal Power • Leonardo SpA Corporation Limited *Companies may be excluded on the basis of several criteria. • Lockheed Martin • INNER MONGOLIA YITAI B • Northrop Grumman Corporation • Kansai Electric Power Company Conduct-based exclusion - • General Motors Co • Raytheon Technologies Corp Inc. Environment • Glencore PLC • Rolls-Royce Holdings PLC • Korea Electric Power • Anglogold Ashanti • Grupo Mexico • Safran SA • Kyushu Electric Power • Barrick Gold Corp • Heidelberger Zement • Textron Inc • Luenmei Quantum Co Ltd • Centrais Elétricas Brasileiras SA • Israel Discount Bank • Thales • Metro Pacific Investments Corp • Glencore PLC • Johnson & Johnson • Mitsui & Co., Ltd. • Grupo Mexico • Mizrahi Tefahot Bank Ltd Climate - Coal • Nisource Inc. • Metallurgical Corporation of • Motorola Solutions • Aboitiz Equity Ventures Inc • NRG Energy China • Oil & Natural Gas Corp • Aboitiz Power Corp • NTPC Ltd • MMC Norilsk Nickel • Petrochina Co • Adani Power Ltd • OGE Energy Corp • SK Holdings Co Ltd • Posco • Adaro Energy Tbk • Origin Energy • Southern Copper Corp • Severstal • AES Corp • PGE SA • Tokyo Electric Power • Southern Copper Corp • AGL Energy Limited • Pinnacle West Capital • Vale SA • TC Energy • Alliant Energy Corp • Polskie Gornictwo Naftowe I • Vedanta Ltd • Turkcell Iletisim Hizmet • Ameren Corp • PPL Corp • Volkswagen AG • Universal Health Services Inc • American Electric Power Inc • Public Joint Stock Company Inter • Zijin Mining Group Co • Vedanta Ltd • Anglo American Plc RAO UES • Walmart Inc • Astra International • Public Service Enterprise Group • ZTE Corp Conduct-based exclusion - • BHP Group Ltd Inc • Ratch Group PCL Corruption • BHP Group Plc Tobacco • RWE AG • China Railway Group • CEZ AS • Alimentation Couche-Tard, Inc. • Sasol Ltd • Gerdau SA - Spon • China Longyuan Power Group • Altria Group • SDIC Power Holdings Co Ltd • JBS SA Corporation Limited • British American Tobacco Plc • Severstal • Korea Electric Power • China Power International • Celanese Corp • Shaanxi Coal Industry Co Ltd • Leonardo SpA Development Ltd • CP ALL PCL • Shanghai Electric Power • Lotte Chemical Corp • China Resources Power Holdings • Daicel Corp Company Limited • Novartis AG • China Shenhua Energy • Dino Polska SA • Shanxi Lu’an Environmental • Olympus Corp • Chubu Electric Power Company • Eastern Tobacco Energy Development Co Ltd • ZTE Corp Inc. • Eastman Chemical Company • Chugoku Electric Power • Shanxi Meijin Energy Co Ltd • FamilyMart • CLP Holdings • Shanxi Xishan Coal and Electricity Conduct-based exclusion - • GS Retail Co Ltd • CMS Energy Corp Power Co. Ltd. Human Rights and International • Gudang Garam Tbk • Coal India Ltd • Shenergy Company Law • Hanjaya Mandala Sampoerna • Dominion Energy Inc • Shenzen Energy Group • AES Corp Tbk PT • DTE Energy Corp • South32 Ltd • Alstom • Imperial Brands PLC • Duke Energy • Southern Company • AviChina Industry & Technology • ITC Ltd • Electric Power Development • Taiwan Cement Corp Co. Ltd. • Japan Tobacco • Electricity Generating PCL • TBEA Co., Ltd. • Bank Hapoalim • KT&G Corp • Emera Inc • Teck Resources Ltd • Bank Leumi Le-Israel • Lawson • Enel Chile SA • Tenaga Nasional • Bayer AG • Phillip Morris International • Engie SA • Tohoku Electric Power Co • Cemex Cpo • President Chain Store Corp • Entergy Corporation • Tokyo Electric Power • Centrais Elétricas Brasileiras SA • Reinet Investments SCA • Evergy Inc. • Uniper SE • Daewoo International Corp • Seven and I Holdings • Evraz Plc • United Tractors • Dongfeng Motor Group Co Ltd • Shanghai Industrial Holdings • Exxaro Resources • Vedanta Ltd • Elbit Systems Ltd • Swedish Match • FirstEnergy Corp • Vistra Energy Corp • General Electric Co PLC • Tav Havalimanlari Holding AS • Formosa Chemicals & Fibre 45359A 10/2020 • Washington H Soul Pattinson & Climate - Oilsand • HAP Seng Consolidated Bhd Observation list Co Ltd • Canadian Natural Resources • IJM Corporation • Hangzhou Hikvision Digital • Wisconsin Energy Corp • Cenovus Energy Inc • Indofood Sukses Technology Co Ltd • Xcel Energy • ConocoPhillips • IOI Corporation • Swedbank AB • Yanzhou Coal Mining Co • Imperial Oil Ltd • Kuala Lumpur Kepong • Suncor Energy • Posco Climate - Lobbying • Sime Darby • BASF SE Unsustainable Palmoil • Sime Darby Plantation Bhd • Chevron Corp • Astra International • Exxon Mobil Corp. • Cargill Inc Cannabis • Rio Tinto Ltd • Daewoo International Corp • Canopy Growth Corp • Rio Tinto PLC • Genting BHD • Cronos Group Inc • Southern Company • Genting Plantations