ODIN Norge C

Fund facts Historical Return % (EUR)* Portfolio Manager Vigdis Almestad Atle Hauge Portfolio 2,16 25,36 40,81 9,19 11,51 7,42 13,50 Benchmark 2,28 19,66 35,86 7,85 11,20 8,98 10,25 Benchmark (Index) Oslo Børs Fondindeks Base Currency NOK Expense Ratio 1,50 % * Returns for periods exceeding 12 months are annualized. Returns prior to the share class inception date are based on calculations from the fund's oldest share class, taking into account the management fee in each share Sub/redemption fee 0 % Fund inception date 26.06.1992 Portfolio Return Last 5 Years % (EUR) Bloomberg Code ODNORGE NO ISIN Code NO0008000379 Fund Size 980,6 mill EUR ODIN Norge is an equity fund that invests in Norwegian companies that can be world-leaders in such sectors as energy, shipping, fishing and other commodity-based activities. It also invests in companies in finance, technology and traditional industry. ODIN's experience and analyses give a focused portfolio with considerable potential.

Sector Allocation 31.08.2021

Financials 19,45 % 18,40 % Industrials 19,20 % 11,64 % ODIN Norge C Index Consumer staples19,01 % 17,45 % Materials 13,08 % 10,98 % Calender Year Returns % (EUR) Energy 10,37 % 13,91 % Telecommunication services9,23 % 15,45 % Information technology4,81 % 6,14 % Real estate 1,64 % 1,66 % 104.6% Consumer discretionary1,42 % 1,41 %

Utilities 0,67 % 1,94 % 77.9% Geographic Allocation 31.08.2021

31.5% Norway 97,55 % 96,95 % 28.9% 29.1% 27.3% 25.4% 21.9% 19.7%18.1% 20.8% 19.7% Denmark 1,33 % 2,74 % 13.8% 15.0% 17.2% 7.0% 9.1% 8.2%8.3% 0.6% 4.6% 2.2%0.2% 0.4%0.6% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 -1.8% -5.2%-3.7% -18.3% -28.8%

-60.4% -65.9%

ODIN Norge C Benchmark

Top 10 holdings 31.08.2021 Top 10 Contributors last month Bottom 10 Contributors last month Borregaard 8,13 % Multiconsult 0,61 % Yara International -0,25 % Kongsberg Gruppen 5,81 % Equinor 0,38 % Kongsberg Gruppen -0,14 % Multiconsult 5,19 % Tomra Systems 0,32 % Subsea 7 -0,13 % Tomra Systems 5,09 % Atea 0,28 % Lerøy Seafood Group -0,10 % Yara International 4,95 % Mowi 0,21 % Aker A -0,10 % Orkla A 4,53 % Måsøval 0,21 % Aker BP -0,08 % Telenor 4,27 % Olav Thon Eiendomsselskap 0,18 % Orkla A -0,07 % Sparebank 1 SMN, Egenkapitalbevis 4,15 % Sparebank 1 SMN, Egenkapitalbevis 0,15 % XXL -0,04 % DNB 4,13 % DNB 0,14 % TGS Nopec Geophysical -0,02 % Equinor 4,08 % Sparebank 1 SR-Bank 0,13 % Veidekke 0,00 %

Please note that the historical return is not a guarantee of future returns. The future return will among other things depend on market developments, the manager’s skills, the fund’s risk level and the costs of buying units and managing the fund. The return may be negative as a result of share losses.