KPMG Inc 4 Christiaan Barnard Street, City Centre, Cape Town, 8000, PO Box 4609, Cape Town, 8001, South Africa Telephone +27 (0)21 408 7000 Fax +27 (0)21 408 7100 Docex 102 Cape Town Web http://www.kpmg.co.za/

Independent Auditor's Limited Assurance Report of Old Mutual Unit Trust Managers (RF) (Pty) Ltd (the “Manager”)

To the unitholders of Old Mutual Multi-Managers Cautious Fund We have undertaken our limited assurance engagement to determine whether the attached Schedule IB ‘Assets of the Fund held in compliance with Regulation 28’ at 31 December 2019 (the “Schedule”) has been prepared in terms of the requirements of Regulation 28 of the Pension Funds Act of South Africa (the “Regulation”) for Old Mutual Multi-Managers Cautious Fund (the “Portfolio”), as set out on pages 4 to 45. Our engagement arises from our appointment as auditor of the Old Mutual Unit Trust Managers (RF) (Pty) Ltd and is for the purpose of assisting the Portfolio’s unitholders to prepare the unitholder’s Schedule IB ‘Assets of the Fund held in compliance with Regulation 28’ in terms of the requirements of Regulation 28(8)(b)(i). The Responsibility of the Directors of the Manager The Directors of the Manager are responsible for the preparation of the Schedule in terms of the requirements of the Regulation, and for such internal control as the Manager determines is necessary to enable the preparation of the Schedule that is free from material misstatements, whether due to fraud or error. Our Independence and Quality Control We have complied with the independence and other ethical requirements of Sections 290 and 291 of the Independent Regulatory Board for Auditors’ Code of Professional Conduct for Registered Auditors (Revised January 2018) and parts 1 and 3 of the Independent Regulatory Board for Auditors’ Code of Professional Conduct for Registered Auditors (Revised November 2018) (together the IRBA Codes), which are founded on fundamental principles of integrity, objectivity, professional competence and due care, confidentiality and professional behaviour. The IRBA Codes are consistent with the corresponding sections of the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants and the International Ethics Standards Board for Accountants’ Code of Ethics for Professional Accountants (including International Independence Standards) respectively.

KPMG Incorporated is a company incorporated under the South African Companies Act and a member firm of the KPMG network of independent member firms affiliated Chairman: Prof W Nkuhlu with KPMG International Cooperative ("KPMG International"), a Swiss entity. Chief Executive: I Sehoole Directors: Full list on website KPMG Incorporated is a Registered Auditor, in public practice, in terms of the Auditing Profession Act 26 of 2005. The company's principal place of business is at KPMG Crescent, 85 Empire Road, Parktown. Registration number 1999/021543/21

1 Independent Auditor's Limited Assurance Report of Old Mutual Unit Trust Managers (RF) (Pty) Ltd (the “Manager”) 30 June 2020

KPMG Inc applies the International Standard on Quality Control 1 and accordingly maintains a comprehensive system of quality control including documented policies and procedures regarding compliance with ethical requirements, professional standards and applicable legal and regulatory requirements. Auditor’s Responsibility Our responsibility is to express a limited assurance conclusion on whether, based on the procedures we have performed and the evidence we have obtained, the Schedule has been prepared in terms of the requirements of the Regulation. We conducted our limited assurance engagement in accordance with the International Standard on Assurance Engagements (ISAE) 3000 (Revised), Assurance Engagements Other Than Audits or Reviews of Historic Financial Information (ISAE) 3000 (Revised) issued by the International Auditing and Assurance Standards Board. That standard requires us to plan and perform this engagement to obtain limited assurance on whether the Schedule has been prepared in terms of the requirements of the Regulation. A limited assurance engagement is substantially less in scope than a reasonable assurance engagement in relation to both risk assessment procedures, including an understanding of internal control, and the procedures performed in response to the assessed risks. The procedures we performed were based on our professional judgement and includes inquiries, observation of processes followed, inspection of documents, analytical procedures, evaluating reporting policies and agreeing or reconciling with underlying records. We completed our audit of the financial statements of the Manager for the year ended 31 December 2019, prepared in accordance with International Financial Reporting Standards, on which we issued an unmodified opinion on 30 March 2020. Our audit was performed in accordance with International Standards on Auditing and not for the purpose of expressing an opinion on the Manager's internal controls. Where appropriate, we have drawn on evidence obtained regarding instances of non-compliance with the Regulation identified during the course of our audit that might materially affect the financial statements, and have performed such additional procedures as we considered necessary. The procedures performed included: — Re-computing the Schedule’s arithmetical accuracy; — Reviewing the appropriateness of the classification of a sample of the underlying assets; — Agreeing a sample of the fair values on the Schedule to the investment administration system; and — Inspecting whether any instances of non-compliance with the Regulations were correctly disclosed on the Schedule.

2 Independent Auditor's Limited Assurance Report of Old Mutual Unit Trust Managers (RF) (Pty) Ltd (the “Manager”) 30 June 2020

The procedures performed in a limited assurance engagement vary in nature and timing, and are less in extent than for a reasonable assurance engagement. Consequently, the level of assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been obtained had we performed a reasonable assurance engagement. Accordingly, we do not express a reasonable assurance opinion about whether the Schedule has been prepared in terms of the requirements of the Regulation. We believe that the evidence obtained as part of our limited assurance engagement is sufficient and appropriate to provide a basis for our limited assurance conclusion expressed below. Limited Assurance Conclusion Based on the procedures we have performed and the evidence we have obtained, nothing has come to our attention that causes us to believe that the Schedule IB ‘Assets of the Fund held in compliance with Regulation 28’ at 31 December 2019 by the Old Mutual Multi-Managers Cautious Fund, has not been prepared in terms of the requirements of Regulation 28 of the Pension Funds Act of South Africa. Restriction on Use and Distribution This report is prepared in terms of the requirements of Regulation 28(8)(b)(i)(aa) and is intended only for the Manager and Portfolio’s unitholders for the purpose indicated in the first paragraph. Consequently, the Schedule and our report may not be suitable for another purpose and is not to be used for any other purpose nor distributed to any other parties.

KPMG Inc

Per MJ Coelho Chartered Accountant (SA) Registered Auditor Director 30 June 2020

3 SCHEDULE IB ASSETS HELD IN COMPLIANCE WITH REGULATION 28 OLD MUTUAL MULTI-MANAGERS CAUTIOUS FUND OF FUNDS as at 12/31/2019 R A Total assets (Schedule IA -Total investments) 478 613 187

B1 Less: Reg 28 compliant investments (certificate received from issuing entity):- 31 958 000 B.1.1 Collective Investment Schemes (Reg 28(8)(b)(i)) 31 958 000 B.1.2 Linked Policies (Reg 28(8)(b)(ii)) B.1.3 Non-linked policies (Reg 28(8)(b)(iii)) B.1.4 Entity regulated by FSB (Reg 28(8)(b)(iv))

B2 Less: Reg 28 Excluded investments B.2.1 Policies ( Reg 28(3)(c))

C Less: Investments not disclosed /data not available for disclosure [Refer Schedule IAN]

D TOTAL ASSETS FOR REGULATION 28 DISCLOSURE 446 655 187

E Timing Differences - Note 1 (1 161 908)

D Value of corresponding Assets per statement of funds and Net Asset Value 477 451 279

R% 1 CASH 100% 72 677 726 15.19% 1.1 Notes, deposits, money market instruments issued by a South African Bank, margin accounts, settlement accounts with an exchange and 100% 69 854 624 14.60% Islamic liquidity management financial instruments (a) Notes and coins, any balance or deposit in an account held with a South African bank 100% 6 520 059 1.36% ABSA Bank Limited 25% 104 0.00% Accounting Entries - provisions, settlement accoun 25% (91 574) -0.02% African Bank Ltd 25% 8 055 0.00% Bank issuer unknown 25% 227 007 0.05% BARCLAYS AFRICA GROUP LIMITED 25% 564 654 0.12% Firstrand Bank Limited 25% 14 329 0.00% HSBC Bank USA 25% 102 369 0.02% Investec Bank Limited 25% 103 390 0.02% Limited 25% 471 674 0.10% Standard Bank of South Africa Ltd 25% 5 120 052 1.07% (b) A money market instrument issued by a South African bank including an Islamic liquidity management financial instrument 100% 62 346 892 13.03% ABSA Bank Limited 25% 14 073 420 2.94% ABSA Bank Ltd 25% 276 0.00% Bank of Montreal 25% 278 380 0.06% BARCLAYS AFRICA GROUP LIMITED 25% 1 308 964 0.27% BNP Paribas Personal Finance South Africa Ltd 25% 148 265 0.03% Capitec Bank Holdings Ltd 25% 78 326 0.02% Development Bank of Southern Africa 25% 922 065 0.19% Firstrand Bank Limited 25% 15 338 434 3.20% Investec Bank Limited 25% 2 975 181 0.62% Investec Holdings Ltd 25% 732 671 0.15% Land and Agricultural Development Bank of South Af 25% 402 425 0.08% Liberty Group Ltd 25% 241 212 0.05% Nebank Ltd 25% 1 238 0.00% Nedbank Bank Ltd 25% 93 317 0.02% Nedbank Limited 25% 13 605 991 2.84% Standard Bank of South Africa Ltd 25% 12 146 729 2.54% (c) Any positive net balance in a margin account with an exchange 100% 987 673 0.21%

4 SAFEX 25% 987 673 0.21% (d) Any positive net balance in a settlement account with an exchange, operated for the buying and selling of assets 100% 25%

1.2 Balances or deposits, money market instruments issued by a foreign bank SARB including Islamic liquidity management financial instruments maximum 2 823 102 0.59% limits (a) Any balance or deposit held with a foreign bank 25% 2 822 936 0.59%

Bank issuer unknown 5% (104) 0.00% Bank of New York Mellon 5% 358 853 0.07% BBH Luxemborg 5% 431 562 0.09% Brown Brothers Harriman & Co. 5% 288 784 0.06% Citibank N.A. 5% 695 118 0.15% EURO CURRENCY 5% 2 331 0.00% JAPANESE YEN 5% 518 0.00% JPMorgan Chase & Co 5% 57 567 0.01% State Street Bank 5% 962 348 0.20% State Street Bank and Trust Co 5% 22 777 0.00% Unknown Issuer 5% 3 182 0.00% (b) Any balance or deposit held with an African bank 25% 0 0.00%

Bank of New York Mellon 5% 0 0.00% (c) A money market instrument issued by a foreign bank including an Islamic liquidity management financial instrument 25% 166 0.00% ABSA Bank Limited 5% 166 0.00%

2 DEBT INSTRUMENTS INCLUDING ISLAMIC DEBT INSTRUMENTS 100% issued / guarantee by Republic, 218 678 080 45.69% otherwise 75% 2.1 Inside the Republic 75/100% 218 682 035 45.69% (a) Debt instruments issued by, and loans to, the government of the Republic, and any debt or loan guaranteed by the Republic 100% 95 595 661 19.97% (b) Debt instruments issued or guaranteed by the government of a foreign country 75% 27 919 0.01% Investec Holdings Ltd 10% 160 0.00% UK TREASURY BILL GBP 10% 27 760 0.01%

(c) Debt instruments issued or guaranteed by a South African Bank against its balance sheet:- 75% 60 614 666 12.66%

(c)(i) Listed on an exchange with an issue market capitalisation of R20 billion or more, or an amount or conditions as prescribed 75% 58 902 451 12.31% ABSA Bank Limited 25% 3 093 112 0.65% BARCLAYS AFRICA GROUP LIMITED 25% 1 747 759 0.37% Firstrand Bank Limited 25% 25 726 607 5.38% Investec Bank Limited 25% 1 121 654 0.23% Investec Holdings Ltd 25% 149 288 0.03% Nedbank Limited 25% 11 721 970 2.45% Standard Bank of South Africa Ltd 25% 15 342 059 3.21%

(c)(ii) Listed on an exchange with an issuer market capitalisation of between R2 billion and R20 billion, or an amount or conditions as prescribed 75% 49 663 0.01% ABSA Bank Limited 15% 49 663 0.01%

(c)(iii) Listed on an exchange with an issuer market capitalisation of less than R2 billion, or an amount or conditions as prescribed 75% 653 967 0.14% African Bank Ltd 10% 584 521 0.12% Nedbank Limited 10% 50 926 0.01%

5 Standard Bank of South Africa Ltd 10% 18 520 0.00%

(c)(iv) Not listed on an exchange 5% 1 008 586 0.21% Firstrand Bank Limited 5% (10 247) 0.00% Nedbank Limited 5% 1 020 999 0.21% Residual Debt Services Limited (African Bank -Old 5% 0 0.00% Standard Bank of South Africa Ltd 5% (2 166) 0.00%

(d) Debt instruments issued or guaranteed by an entity that has equity listed on an exchange, or debt instruments issued or guaranteed by a public 50% 43 160 273 9.02% entity under the Public Finance Management Act, 1999 (Act No. 1 of 1999) as prescribed:- (d)(i) Listed on an exchange 50% 41 666 611 8.71% Airports Company of South Africa Limited 10% 412 053 0.09% Barloworld Ltd 10% 405 102 0.08% Bidvest Group Ltd 10% 125 0.00% Discovery Holdings Ltd 10% 741 292 0.15% Emira Property Fund 10% 456 0.00% EQSTRA CORPORATION (PROPRIETARY) LIMITED 10% 90 994 0.02% Eskom Holdings Ltd 10% 5 499 364 1.15% Exxaro Resources Ltd 10% 387 159 0.08% Fortress Income Fund Ltd 10% 427 0.00% Growthpoint Properties Ltd 10% 2 462 290 0.51% Hyprop Investments Ltd 10% 363 185 0.08% Liberty Group Ltd 10% 1 251 930 0.26% MMI Holdings Ltd 10% 2 734 663 0.57% MOBILE TELEPHONE NETWORKS HOLDINGS LIMITED 10% 372 0.00% Momentum Metropolitan Holdings 10% 702 171 0.15% MTN Group Ltd 10% 4 964 855 1.04% Northam Platinum Ltd 10% 744 734 0.16% OLD MUTUAL LIMITED 10% 1 831 750 0.38% PRUDENTIAL CORP PLC 10% 15 519 939 3.24% Redefine Properties Ltd 10% 386 833 0.08% SAFEX 10% (19 713) 0.00% Santam Ltd 10% 146 232 0.03% The Industrial Development Corporation of South Af 10% 600 809 0.13% Toyota (SA) Ltd 10% 63 0.00% Transnet SOC Ltd 10% 2 439 528 0.51%

(d)(ii) Not listed on an exchange 25% 1 493 661 0.31% Land And Agricultural Development Bank of South Af 5% 766 078 0.16% Liberty Group Ltd 5% 333 044 0.07% SAFEX 5% 394 161 0.08% Unknown Issuer 5% 378 0.00%

(e) Other debt instruments:- 25% 19 283 515 4.03% (e)(i) Listed on an exchange 25% 7 103 241 1.48% AA06 7.22% 04/21 5% 400 577 0.08% APF08 FRN 26072021 5% 17 953 0.00% APF11 FRN 16092020 5% 169 064 0.04% BAYA58 FRN 30062020 5% 13 860 0.00% BAYA74 FRN 01072024 5% 787 586 0.16% Bond Exchange of South Africa 5% 1 495 813 0.31% COT02 10.20% 04/28 5% 5 257 0.00% DEVELOPMENT BANK OF SA 5% 70 283 0.01% EMM01 10.56 28072020 5% 159 675 0.03% EMM02 10.72% 03/21 5% 234 901 0.05% EMM03 10.05% 05/24 5% 16 501 0.00% EMM04 9.155% 05/28 5% 172 461 0.04% EMM05 10.67% 04/29 5% 130 681 0.03% EPFC45 FRN 07112020 5% 245 0.00% FIFB14 FRN 07112022 5% 146 368 0.03%

6 FIFC33 FRN 03062020 5% 315 0.00% IDCG13 FRN 26042023 5% 162 492 0.03% IDCG20 FRN 18122020 5% 275 0.00% ING383 FRN 30062020 5% 97 786 0.02% ING384 30092020 5% 133 914 0.03% IVA978 16012020 5% 632 0.00% Mercedes Benz FRN MBF055 270320 Jb3+124 5% 102 0.00% MTN20 FRN 07092026 5% 1 059 721 0.22% NORTHAM FRN 09092020 5% 498 824 0.10% NTC20 8.6830% 270720 5% 120 0.00% OML11 FRN 11062024 5% 581 546 0.12% RES41 FRN 30112022 5% 291 086 0.06% SBS36 7.7170% 290120 5% 40 0.00% SSA06 8.06% 04/20 5% 4 634 0.00% TL25 9.57 04092024 5% 208 619 0.04% TRA3A3 FRN 14112022 5% 35 079 0.01% TRA3B2 FRN 14112022 5% 134 683 0.03% VKE10 FRN 08072022 5% 72 149 0.02% (e)(ii) Not listed on an exchange 15% 12 180 274 2.54% BAYA73 FRN 31032022 5% 554 432 0.12% BESA FEES CONTROL 5% 0 0.00% CHF/USD 5% 1 919 0.00% CNH/USD 5% 2 0.00% EUR/USD 5% (587) 0.00% Foschini FRN JB3+90 090420 5% 151 0.00% FTG1 10.717% 09/16 5% 105 0.00% GBP/USD 5% (546) 0.00% GRT34 FRN 18042029 5% 983 752 0.21% HKD/USD 5% (866) 0.00% IDCG16 FRN 12112025 5% 1 639 538 0.34% IDR/USD 5% (570) 0.00% ILS/USD 5% 119 0.00% Impumelelo Callable FRN JB3+57.5 160420 (180520) 5% 588 0.00% Impumelelo Callable FRN JB3+70 180620 (200720) 5% 357 0.00% IN407U FRN 31072020 5% 753 0.00% iNguza Investments (RF) Limited IN407U 201219 Jb3+47.5 5% 0 0.00% iNguza Investments (RF) Limited IN415U 310320 Jb3+67.5 5% 423 0.00% INVESTEC MONEY MARKET FUND Z 5% 100 508 0.02% JPY/USD 5% (854) 0.00% Management Fee Prov 5% 0 0.00% MBF055 FRN 28082020 5% 48 670 0.01% NOK/USD 5% (3 080) 0.00% NTC19 8.15% 270720 5% 1 797 801 0.38% NZD/USD 5% 364 0.00% Performance Fee Prov 5% 0 0.00% SEK/USD 5% (771) 0.00% SGD/USD 5% 1 541 0.00% Southchester FRN 120320 Jb3+110 5% 322 0.00% Southchester FRN 120320 Jb3+90 5% 134 0.00% Southchester FRN 121219 JB3+110bps 5% 0 0.00% Southchester FRN 121219 JB3+90bps 5% 0 0.00% TH15B1 FRN 21112022 5% 243 238 0.05% TH15C1 FRN 21112022 5% 243 364 0.05% TRA4A2 FRN 13042022 5% 392 318 0.08% TRA4B1 FRN 15042024 5% 368 834 0.08% ZAR Receivable 5% 5 808 316 1.21%

2.2 Foreign SARB maximum (3 954) 0.00% limits

7 (a) Debt instruments issued by, and loans to, the government of the Republic, SARB and debt or loan guaranteed by the Republic maximum limits

(b) Debt instruments issued or guaranteed by the government of a foreign SARB country maximum limits 10%

(c) Debt instruments issued or guaranteed by a South African Bank against its SARB balance sheet:- maximum limits

(c)(i) Listed on an exchange with an issuer market capitalisation of R20 billion o SARB more, or an amount or conditions as prescribed maximum limits 25% (c)(ii) Listed on an exchange with an issuer market capitalisation of between R2 SARB billion and R20 billion, or an amount or conditions as prescribed maximum limits 15% (c)(iii) Listed on an exchange with an issuer market capitalisation of less than R2 SARB billion, or an amount or conditions as prescribed maximum limits 10% (c)(iv) Not listed on an exchange 25%

5%

(d) Debt instruments issued or guaranteed by an entity that has equity listed SARB on an exchange maximum (3 851) 0.00% limits (d)(i) Listed on an exchange SARB maximum limits 10% (d)(ii) Not listed on an exchange 25% (3 851) 0.00% Unknown Issuer 5% (3 851) 0.00% (e) Other debt instruments:- 25% (103) 0.00% (e)(i) Listed on an exchange 25% (2 139) 0.00% State Street Bank 5% (2 139) 0.00% (e)(ii) Not listed on an exchange 15% 2 036 0.00% State Street Bank 5% 2 036 0.00%

3 EQUITIES 75% 125 229 216 26.17% 3.1 Inside the Republic 75% 42 588 965 8.90% (a) Preference and ordinary shares in companies, excluding shares in propert companies, listed on an exchange:- 75% 42 588 965 8.90%

(a)(i) Issuer market capitalisation of R20 billion or more, or an amount or conditions as prescribed 75% 37 326 041 7.80%

African Rainbow Minerals Ltd 15% 389 488 0.08% Anglo American Plc 15% 2 709 574 0.57% Anglo Platinum Ltd 15% 253 599 0.05% Anglogold Ashanti Ltd 15% 183 186 0.04% Anheuser-Busch InBev SA/NV 15% 473 586 0.10% Aspen Pharmacare Holdings Ltd 15% 345 943 0.07% Assore Ltd 15% 26 166 0.01% AVI Ltd 15% 40 137 0.01% BARCLAYS AFRICA GROUP LIMITED 15% 1 532 408 0.32% Bidvest Group Ltd 15% 490 655 0.10% Bidvest Group Ltd/The 15% 80 332 0.02% British American Tobacco Plc 15% 3 204 745 0.67% Capitec Bank Holdings Ltd 15% 208 869 0.04%

8 Cartrack Holdings Ltd 15% 21 646 0.00% Cie Financiere Richemont SA 15% 452 706 0.09% Dis-Chem Pharmacies Ltd 15% 119 593 0.02% Discovery Holdings Ltd 15% 68 980 0.01% Distell Group Ltd 15% 235 216 0.05% Exxaro Resources Ltd 15% 844 608 0.18% Firstrand Bank Limited 15% 2 071 005 0.43% Glencore International Plc 15% 331 580 0.07% Impala Platinum Holdings Ltd 15% 1 804 987 0.38% Investec Ltd 15% 100 379 0.02% Investec PLC 15% 492 895 0.10% Kumba Iron Ore Ltd 15% 23 970 0.01% Life Healthcare Group Holdings Ltd 15% 150 867 0.03% Mediclinic International PLC 15% 16 594 0.00% Momentum Metropolitan Holdings 15% 71 975 0.02% Mondi Plc 15% 148 374 0.03% Mr Price Group Ltd 15% 111 999 0.02% MTN Group Ltd 15% 1 440 019 0.30% Naspers Ltd 15% 6 253 845 1.31% Nedbank Limited 15% 586 856 0.12% Netcare Ltd 15% 137 680 0.03% Northam Platinum Ltd 15% 636 823 0.13% OLD MUTUAL LIMITED 15% 871 853 0.18% Pepkor Holdings Ltd 15% 222 984 0.05% Pick n Pay Stores Ltd 15% 295 173 0.06% PSG Group Ltd 15% 150 687 0.03% PSG Konsult Ltd 15% 135 594 0.03% 15% 1 083 304 0.23% Rand Merchant Investment Holdi 15% 110 947 0.02% Reinet Investment Sla 15% 249 239 0.05% Remgro Ltd 15% 738 029 0.15% Ltd 15% 359 287 0.08% Santam Ltd 15% 56 366 0.01% SAPPI SOUTHERN AFRICA (PROPRIETARY) LIMITED 15% 440 881 0.09% Sasol Ltd 15% 1 893 154 0.40% Sea Harvest Group Ltd 15% 32 804 0.01% Shoprite Holdings Ltd 15% 662 045 0.14% Sibanye Gold Ltd 15% 382 675 0.08% SPAR Group Ltd/The 15% 514 122 0.11% Standard Bank of South Africa Ltd 15% 2 247 020 0.47% The Foschini Group Ltd 15% 288 242 0.06% Truworths International Ltd 15% 42 838 0.01% Group Ltd 15% 30 702 0.01% Woolworths Holdings Ltd/South 15% 456 810 0.10%

(a)(ii) Issuer market capitalisation of between R2 billion and R20 billion, or an amount or conditions as prescribed 75% 3 597 779 0.75%

ABSA Bank Limited 10% 19 474 0.00% Adcock Ingram Holdings Ltd 10% 51 503 0.01% Advtech Ltd 10% 82 611 0.02% AECI Ltd 10% 36 189 0.01% African Oxygen Ltd 10% 180 860 0.04% Afrimat Ltd 10% 12 406 0.00% Alexander Forbes Group Holding 10% 41 190 0.01% ALLIED ELECTRONICS COR-A SHR 10% 150 456 0.03% ALSI TOP40 JSE Equity Index 10% (627) 0.00% ALVIVA HOLDINGS LTD 10% 9 772 0.00% Arrowhead Properties Ltd 10% 37 846 0.01% Ascendis Health Ltd 10% 5 628 0.00% ASTRAL FOODS LTD 10% 41 657 0.01%

9 Coronation Fund Managers Ltd 10% 270 163 0.06% CURRO Holdings Ltd 10% 30 707 0.01% Datatec Ltd 10% 397 665 0.08% enX Group Ltd 10% 118 199 0.02% Famous Brands Ltd 10% 151 944 0.03% Grindrod Ltd 10% 1 684 0.00% Hosken Consolidated Investments Ltd 10% 67 072 0.01% Hudaco Industries Ltd 10% 73 824 0.02% Imperial Logistics Ltd 10% 58 019 0.01% Invicta Holdings Ltd 10% 9 423 0.00% Italtile Ltd 10% 42 582 0.01% Liberty Two Degrees 10% 0 0.00% LIBSTAR HOLDINGS LTD 10% 8 229 0.00% Lighthouse Capital Ltd 10% 25 361 0.01% LONG4LIFE LTD 10% 16 264 0.00% Metair Investments Ltd 10% 9 381 0.00% Motus Holdings Ltd 10% 52 501 0.01% Mpact Ltd 10% 249 705 0.05% Nedbank Limited 10% 50 633 0.01% Oceana Group Ltd 10% 321 741 0.07% Omnia Holdings Ltd 10% 19 987 0.00% Pan African Resources Plc 10% 25 485 0.01% PPC Ltd 10% 128 876 0.03% RCL Foods Ltd/South Africa 10% 171 298 0.04% RFG Holdings Ltd 10% 41 158 0.01% Royal Bafokeng Platinum Ltd 10% 43 078 0.01% SAFEX 10% (1 035) 0.00% Sasfin Holdings Ltd 10% 4 930 0.00% Spur Corp Ltd 10% 12 729 0.00% Stadio Holdings Ltd 10% 4 806 0.00% Sun International Ltd 10% 302 035 0.06% Super Group Ltd/South Africa 10% 61 767 0.01% Sygnia Ltd 10% 6 623 0.00% Tradehold Ltd 10% 1 376 0.00% Transaction Capital (Pty) Ltd 10% 26 575 0.01% TSOGO SUN GAMING LTD 10% 23 761 0.00% Zambezi Platinum 10% 58 880 0.01% Zeder Investments Ltd 10% 41 391 0.01%

(a)(iii) Issuer market capitalisation of less than R2 billion, or an amount or conditions as prescribed 75% 1 665 145 0.35%

Adcorp Holdings Ltd 5% 2 114 0.00% Alliance Mining Corp Ltd 5% 0 0.00% Basil Read Holdings Ltd 5% 3 569 0.00% Brimstone Investment Corporation Ltd 5% 14 977 0.00% E Media Holdings Ltd 5% 821 0.00% EQSTRA CORPORATION (PROPRIETARY) LIMITED 5% 308 0.00% Hope Bancorp Inc 5% 0 0.00% INVESTEC EMERGING COMPANIES FUND 5% 149 613 0.03% Lewis Group Ltd 5% 24 394 0.01% Metrofile Holdings Ltd 5% 558 0.00% METTLE INVESTMENTS LTD 5% 57 0.00% MSCI EAFE Index 5% 4 598 0.00% MultiChoice Group Ltd 5% 917 335 0.19% Natural Capsules Ltd 5% 30 318 0.01% Novus Holdings Limited 5% 51 258 0.01% PSG Group Ltd 5% 142 129 0.03% RECM & CalibreLtd 5% 163 599 0.03% SAFEX 5% 107 0.00% SPEAR REIT LTD 5% 11 188 0.00%

10 Trencor Ltd 5% 146 542 0.03% Tsogo Sun Hotels Ltd 5% 1 661 0.00%

(b) Preference and ordinary shares in companies, excluding shares in propert companies, not listed on an exchange 10% 0 0.00%

Investec Holdings Ltd 2.5% 0 0.00% ITI Technology Holdings Ltd 2.5% 0 0.00% JCI Ltd 2.5% 0 0.00% M Cubed Holdings Ltd 2.5% 0 0.00% Macmed Health Care Ltd 2.5% 0 0.00% Southchester Investment Managers (Pty) Ltd 2.5% 0 0.00% Thailand Iron Works PCL 2.5% 0 0.00%

SARB 3.2 Foreign maximum 82 640 251 17.27% limits (a) Preference and ordinary shares in companies, excluding shares in propert SARB companies, listed on an exchange:- maximum 79 617 440 16.64% limits (a)(i) Issuer market capitalisation of R20 billion or more, or an amount or SARB conditions as prescribed maximum 48 417 802 10.12% limits 1ST QUANTUM MINERALS 15% 350 0.00% 3i Group PLC 15% 663 0.00% 3M Co 15% 5 256 0.00% 51JOB INC-ADR 15% 32 971 0.01% 58.com Inc 15% 324 618 0.07% ABB Ltd 15% 2 213 0.00% Abbott Laboratories 15% 7 864 0.00% AbbVie Inc 15% 6 826 0.00% ABIOMED Inc 15% 73 337 0.02% ABSA Bank Limited 15% 271 0.00% Accenture Plc 15% 6 996 0.00% ACCOR SA 15% 599 0.00% Activision Blizzard Inc 15% 2 421 0.00% Acuity Brands Inc 15% 275 0.00% Adecco Group AG 15% 512 0.00% Adidas 15% 64 704 0.01% Admiral Group Ord 15% 200 932 0.04% Advance Auto Parts Inc 15% 541 0.00% ADVANTECH CO 15% 55 237 0.01% Advantest Corp 15% 194 136 0.04% Aegon NV 15% 415 0.00% Aena SME SA 15% 605 0.00% Aeon Co Ltd 15% 619 0.00% Aflac Inc 15% 1 964 0.00% AGC Inc/Japan 15% 320 0.00% 15% 549 0.00% Agilent Technologies Inc 15% 1 334 0.00% AGL Energy Ltd 15% 495 0.00% Agnico Eagle Mines Ltd 15% 758 0.00% AIA Group Ltd 15% 615 243 0.13% Air Canada 15% 328 0.00% Air Liquide SA 15% 3 313 0.00% Air Products & Chemicals Inc 15% 2 582 0.00% Ajinomoto Co Inc 15% 396 0.00% Akamai Technologies Inc 15% 701 0.00% Albemarle Corp 15% 97 548 0.02% Alcon Inc 15% 1 246 0.00% Alexion Pharmaceuticals Inc 15% 1 195 0.00% Alfa Laval AB 15% 389 0.00% Alibaba Group Holding Ltd 15% 1 101 666 0.23%

11 Align Technology Inc 15% 1 043 0.00% Alimentation Couche-Tard Inc 15% 1 385 0.00% Alleghany Corp 15% 566 0.00% Allegion PLC 15% 619 0.00% Alliance Data Systems Corp 15% 283 0.00% Alliant Energy Corp 15% 655 0.00% Corp 15% 1 873 0.00% Ally Financial Inc 15% 681 0.00% Alnylam Pharmaceuticals Inc 15% 174 969 0.04% Alphabet Inc 15% 1 510 175 0.32% Alps Electric Co Ltd 15% 195 0.00% Altice 15% 232 0.00% Altria Group Inc 15% 293 522 0.06% Amada Co Ltd 15% 202 0.00% Amadeus IT Group SA 15% 317 110 0.07% AMAZON.COM INC 15% 562 434 0.12% Amcor PLC 15% 955 0.00% American Electric Power Co. Inc 15% 2 325 0.00% American Financial Group 15% 400 0.00% American International Group Inc 15% 2 206 0.00% American Water Works Co Inc 15% 1 091 0.00% Ameriprise Financial Inc 15% 1 147 0.00% AmerisourceBergen Corp 15% 650 0.00% Ametek Inc 15% 1 201 0.00% Amgen Inc 15% 7 444 0.00% Amphenol Corp 15% 1 655 0.00% Analog Devices Inc 15% 2 245 0.00% Andritz AG 15% 136 0.00% Anglo American Plc 15% 1 546 0.00% Anheuser-Busch InBev NV 15% 210 561 0.04% Anheuser-Busch InBev SA/NV 15% 3 392 0.00% ANSYS Inc 15% 1 438 0.00% Anthem Inc 15% 418 232 0.09% PLC/UK 15% 2 511 0.00% Aozora Bank Ltd 15% 152 0.00% APA Group 15% 429 0.00% Apache Corp 15% 453 254 0.09% Apple Inc 15% 68 644 0.01% Applied Materials Inc 15% 2 890 0.00% Aramark 15% 486 0.00% Arista Networks Inc 15% 547 0.00% Aristocrat Leisure Ltd 15% 655 0.00% Arrow Electronics Inc 15% 643 0.00% ASAHI KASEI CORP 15% 736 0.00% Ashikaga Holdings Co Ltd 15% 106 0.00% ASM Pacific Technology Ltd 15% 176 0.00% ASML Holding NV 15% 702 540 0.15% Associated British Foods PLC 15% 561 0.00% Assurant Inc 15% 331 0.00% Astellas Pharma Inc 15% 1 656 0.00% AstraZeneca Plc 15% 6 897 0.00% ASX LTD 15% 502 0.00% AT&T Inc 15% 14 828 0.00% ATLAS COPCO AB 15% 1 427 0.00% Atmos Energy Corp 15% 667 0.00% Auckland International Airport Ltd 15% 284 0.00% Aurizon Holdings Ltd 15% 359 0.00% Auto Trader Group PLC 15% 426 0.00% Autodesk Inc 15% 2 015 0.00% Autoliv Inc 15% 340 0.00% Automatic Data Processing Inc 15% 3 723 0.00%

12 AutoZone Inc 15% 452 419 0.09% Avery Dennison Corp 15% 563 0.00% SA 15% 2 799 0.00% BAE Systems PLC 15% 1 171 0.00% BALL CORP 15% 1 135 0.00% Banco Santander SA 15% 3 544 0.00% Bank of East Asia Ltd 15% 133 0.00% Bank of Montreal 15% 2 736 0.00% Bank of New York Mellon 15% 2 153 0.00% Bankinter SA 15% 238 0.00% BARCLAYS BANK PLC 15% 2 282 0.00% Barratt Developments PLC 15% 483 0.00% Barrick Gold Corporation 15% 1 724 0.00% BASF SE 15% 3 533 0.00% Baxter International Inc 15% 2 045 0.00% Bayer AG 15% 543 315 0.11% Bayerische Motoren Werke AG 15% 553 864 0.12% BB Seguridade Participacoes SA 15% 88 378 0.02% BCE Inc 15% 324 0.00% Becton Dickinson & Co 15% 440 348 0.09% Beiersdorf AG 15% 614 188 0.13% Bendigo & Adelaide Bank Ltd 15% 162 0.00% Inc 15% 15 486 0.00% Best Buy Co Inc 15% 1 073 0.00% BHP Billiton Plc 15% 4 230 0.00% BHP Group Plc 15% 478 114 0.10% Bio-Rad Laboratories Inc 15% 591 0.00% BioMarin Pharmaceutical Inc 15% 770 0.00% Black Knight Inc 15% 500 0.00% BlackBerry Ltd 15% 163 0.00% Blackrock Inc 15% 2 926 0.00% Boeing Co 15% 9 060 0.00% Bollore 15% 1 0.00% BOMBARDIER INC 15% 143 0.00% Booking Holdings Inc 15% 1 087 625 0.23% BORAL LTD 15% 210 0.00% Boston Scientific Corp 15% 3 106 0.00% Brambles Ltd 15% 843 0.00% Brenntag AG 15% 603 0.00% Bridgestone Corp 15% 1 271 0.00% Brilliance China Automotive Holdings Ltd 15% 104 156 0.02% Bristol-Myers Squibb Co 15% 9 562 0.00% British American Tobacco Plc 15% 1 032 481 0.22% Brookfield Asset Management Inc 15% 2 609 0.00% Brother Industries Ltd 15% 214 0.00% BT Group PLC 15% 1 041 0.00% Budweiser Brewing Co APAC Ltd 15% 305 0.00% Bunge Ltd 15% 410 0.00% Bunzl PLC 15% 422 0.00% Burberry Group PLC 15% 637 0.00% Bureau Veritas SA 15% 133 585 0.03% Cabot Oil & Gas Corp 15% 369 0.00% CAE INC 15% 378 0.00% Caltex Australia Ltd 15% 299 0.00% Canadian National Railway Co 15% 3 535 0.00% Canadian Natural Resources Ltd 15% 1 956 0.00% Canadian Pacific Railway Ltd 15% 1 837 0.00% Canadian Tire Corp Ltd 15% 348 0.00% Canadian Utilities Ltd 15% 176 0.00% Canon Inc 15% 1 382 0.00% Canopy Growth Corporation 15% 192 0.00%

13 Capital & Regional PLC 15% 5 270 0.00% Capital One Financial Corp 15% 2 674 0.00% Cardinal Health Inc 15% 780 0.00% Carmax Inc 15% 723 0.00% Carnival PLC 15% 424 0.00% Casio Computer Co Ltd 15% 186 0.00% Caterpillar Inc 15% 4 286 0.00% Cboe Global Markets Inc 15% 717 0.00% CCL Industries Inc 15% 283 0.00% CDK Global Inc 15% 336 0.00% CDW Corp/DE 15% 1 054 0.00% CENOVUS ENERGY INC 15% 574 0.00% Centene Corp 15% 796 0.00% CenterPoint Energy Inc 15% 735 0.00% Central Japan Railway Co 15% 1 446 0.00% Centrica Plc 15% 312 0.00% Cerner Corp 15% 1 323 0.00% CF Industries Holdings Inc 15% 537 0.00% Charles Schwab Corp 15% 597 578 0.12% Charter Communications Inc 15% 377 380 0.08% Check Point Software Technolog 15% 516 990 0.11% CHECK POINT SOFTWARE TECHNOLOGIES LTD 15% 726 0.00% CHEGG INC 15% 68 022 0.01% Cheniere Energy Partners LP Holdings LLC 15% 682 0.00% Chevron Corp 15% 11 889 0.00% Chipotle Mexican Grill Inc 15% 128 110 0.03% Chubb Ltd 15% 3 517 0.00% CHUBU ELECTRIC POWER CO INC 15% 422 0.00% Chugai Pharmaceutical Co Ltd 15% 1 008 0.00% Chugoku Electric Power Co Inc 15% 127 0.00% Church & Dwight Co Inc 15% 884 0.00% CIBC 15% 1 820 0.00% Cie de Saint-Gobain 15% 1 036 0.00% Cigna Corp 15% 3 847 0.00% Cincinnati Financial Corp 15% 873 0.00% Cintas Corp 15% 1 195 0.00% Cisco Systems Inc 15% 10 679 0.00% Citibank N.A. 15% 508 659 0.11% Citizens Financial Group Inc 15% 990 0.00% Citrix Systems Inc 15% 785 0.00% Clorox Co 15% 1 000 0.00% CLP Holdings Ltd 15% 852 0.00% CME Group Inc 15% 3 568 0.00% CMS ENERGY CORP 15% 823 0.00% CNP Assurances 15% 137 0.00% COGNA EDUCACAO 15% 51 604 0.01% Cognex Corp 15% 473 0.00% Cognizant Technology Solutions 15% 1 807 0.00% Comcast Corp 15% 10 414 0.00% Comerica Inc 15% 601 0.00% Commerzbank AG 15% 309 0.00% Compass Group Plc 15% 2 012 0.00% ConAgra Foods Inc 15% 840 0.00% CONCHO RESOURCES INC 15% 893 0.00% ConocoPhillips 15% 3 638 0.00% Consolidated Edison Inc 15% 1 730 0.00% Constellation Software Inc 15% 907 0.00% Continental AG 15% 340 852 0.07% COPART INC 15% 908 0.00% CORELOGIC INC 15% 141 532 0.03% Corning Inc 15% 1 152 0.00%

14 Corteva Inc 15% 1 104 0.00% Costco Wholesale Corp 15% 6 546 0.00% Credicorp Ltd 15% 56 320 0.01% Credit Saison Co Ltd 15% 108 0.00% Credit Suisse Group AG 15% 888 961 0.19% CRH PLC 15% 264 698 0.06% CSL Ltd 15% 4 422 0.00% CSX Corp 15% 2 759 0.00% Cummins Inc 15% 1 372 0.00% CyberAgent Inc 15% 97 165 0.02% CyberArk Software Ltd 15% 218 0.00% Dai Nippon Printing Co Ltd 15% 338 0.00% Dai-ichi Co Ltd 15% 859 0.00% Daiichi Sankyo Co Ltd 15% 2 124 0.00% DAIKIN INDUSTRIES LTD 15% 1 752 0.00% Daimler AG 15% 545 833 0.11% Daiwa House Industry Co Ltd 15% 51 382 0.01% Daiwa Securities Group Inc 15% 386 0.00% Danaher Corp 15% 4 965 0.00% Dassault Systemes 15% 1 110 0.00% DaVita HealthCare Partners Inc 15% 418 0.00% DBS Group Holdings Ltd 15% 1 892 0.00% DCC 15% 450 0.00% Deere & Co 15% 2 578 0.00% Dell Technologies Inc 15% 338 0.00% Delta Airlines Inc 15% 470 0.00% Demant A/S 15% 346 0.00% Denso Corp 15% 976 0.00% DENTSU INC 15% 341 0.00% Deutsche Bank AG 15% 774 0.00% Deutsche Boerse AG 15% 134 255 0.03% Deutsche Post AG 15% 1 869 0.00% Deutsche Telekom AG 15% 2 702 0.00% Devon Energy Corp 15% 572 0.00% DexCom Inc 15% 1 018 0.00% Diageo PLC 15% 73 174 0.02% Discover Financial Services 15% 1 404 0.00% Discovery Inc 15% 1 203 0.00% DNB ASA 15% 890 0.00% DOLLAR GENERAL CORP 15% 1 999 0.00% Dollar Tree Inc 15% 1 114 0.00% Dollarama Inc 15% 549 0.00% Dover Corp 15% 761 0.00% DOW INC 15% 2 047 0.00% DR Horton Inc 15% 922 0.00% Dropbox Inc 15% 236 0.00% DSV A/S 15% 1 339 0.00% DTE Energy Co 15% 1 185 0.00% Dufry 15% 184 0.00% DUPONT DE NEMOURS INC 15% 2 363 0.00% DXC Technology Co 15% 515 0.00% EAST JAPAN RAILWAY CO 15% 1 445 0.00% East West Bancorp Inc 15% 349 0.00% Eastman Chemical Co 15% 541 0.00% easyJet PLC 15% 161 0.00% Eaton Vance Corp 15% 252 0.00% Ebay Inc 15% 1 621 0.00% Ecolab Inc 15% 2 499 0.00% ELECTROLUX 15% 281 0.00% Electronic Arts Inc 15% 1 670 0.00% Emera Inc 15% 580 0.00%

15 Emerson Electric Co 15% 2 313 0.00% Empire Co Ltd 15% 165 0.00% ENBRIDGE INC 15% 4 345 0.00% EnCana Corp 15% 377 0.00% Endesa SA 15% 399 0.00% Enel SpA 15% 3 276 0.00% Eni Spa 15% 2 141 0.00% Entergy Corp 15% 1 138 0.00% EOG Resources Inc 15% 214 615 0.04% Equifax Inc 15% 838 0.00% Equinor ASA 15% 977 0.00% Erie Indemnity Co 15% 273 0.00% Estee Lauder Co Inc 15% 2 292 0.00% Everest Re Group Ltd 15% 619 0.00% EVERGY INC 15% 913 0.00% Eversource Energy 15% 1 374 0.00% EXACT SCIENCES CORP 15% 713 0.00% Exelon Corp 15% 2 194 0.00% Expedia Group Inc 15% 701 0.00% Experian PLC 15% 1 588 0.00% Exxon Mobil Corp 15% 15 327 0.00% F5 Networks Inc 15% 433 0.00% FACEBOOK INC 15% 700 574 0.15% FactSet Research Systems Inc 15% 636 0.00% Fast Retailing Co Ltd 15% 1 777 0.00% Fastenal Co 15% 1 107 0.00% FedEx Corp 15% 1 864 0.00% Ferrari NV 15% 958 0.00% Ferrovial SA 15% 752 0.00% Fiat Chrysler Automobiles NV 15% 831 0.00% Fifth Third Bancorp 15% 1 108 0.00% Finmeccanica SpA 15% 227 0.00% Firstenergy Corp 15% 1 358 0.00% Fiserv Inc 15% 3 303 0.00% FleetCor Technologies Inc 15% 1 290 0.00% Fletcher Building Ltd 15% 122 0.00% Flextronics International Ltd 15% 346 0.00% FLIR Systems Inc 15% 343 0.00% Flowserve Corp 15% 304 0.00% FNF Group 15% 604 0.00% Fortescue Metals Group Ltd 15% 505 0.00% Fortive Corp 15% 1 124 0.00% Fortum Oyj 15% 516 0.00% Fox Corp 15% 375 633 0.08% Franco-Nevada Corp 15% 955 0.00% Franklin Resources Inc 15% 576 0.00% Fresenius Medical Care AG & Co 15% 776 0.00% FUJI ELECTRIC CO LTD 15% 183 0.00% Fuji Heavy Industries Ltd 15% 764 0.00% Fuji Photo Film Co 15% 900 0.00% Fukuoka Financial Group Inc 15% 156 0.00% G4S PLC 15% 243 0.00% Galaxy Entertainment Group Ltd 15% 67 791 0.01% Gap Inc 15% 202 0.00% Garmin Ltd 15% 800 0.00% Gartner Inc 15% 887 0.00% GDF Suez 15% 1 456 0.00% Geberit AG 15% 1 290 0.00% General Electric 15% 5 209 0.00% General Mills Inc 15% 1 848 0.00% General Motors Co 15% 528 112 0.11%

16 Genuine Parts Co 15% 766 0.00% Gildan Activewear Inc 15% 319 0.00% Gilead Sciences Inc 15% 4 290 0.00% GlaxoSmithKline PLC 15% 6 095 0.00% Glencore International Plc 15% 1 729 0.00% Global Payments Inc 15% 2 895 0.00% Goldman Sachs Group Inc 15% 3 759 0.00% Grainger Inc 15% 770 0.00% Great-West Lifeco Inc 15% 357 0.00% Grifols SA 15% 621 0.00% GRUBHUB INC 15% 68 546 0.01% GVC Holdings PLC 15% 350 0.00% Hamamatsu Photonics KK 15% 284 0.00% Hanesbrands Inc 15% 256 0.00% Hang Seng Bank Ltd 15% 989 0.00% Hargreaves Lansdown PLC 15% 401 0.00% Harley-Davidson Inc 15% 287 0.00% HAYS PLC 15% 74 601 0.02% HCA Healthcare Inc 15% 2 013 0.00% HDFC BANK LTD ADR 15% 120 324 0.03% Heineken 15% 117 996 0.02% Hennes And Mauritz 15% 806 0.00% Henry Schein Inc 15% 493 0.00% Hermes International 15% 1 256 0.00% HERO HONDA MOTORS 15% 63 792 0.01% Hewlett-Packard Co 15% 1 090 0.00% Hino Motors Ltd 15% 153 0.00% Hitachi Chemical Co Ltd 15% 231 0.00% Hitachi High-Tech Corp 15% 186 0.00% Hitachi Ltd 15% 2 093 0.00% Hitachi Metals Ltd 15% 147 0.00% HollyFrontier Corp 15% 449 0.00% Hologic Inc 15% 741 0.00% Home Depot Inc 15% 12 427 0.00% Honda Motor Co Ltd 15% 600 597 0.13% Honeywell International Inc 15% 6 454 0.00% Hong Kong & China Gas Co Ltd 15% 1 014 0.00% Hormel Foods Corp 15% 684 0.00% Hoya Corp 15% 1 829 0.00% HSBC Holdings Plc 15% 8 174 0.00% Humana Inc 15% 2 478 0.00% Husky Energy Inc 15% 152 0.00% Iberdrola SA 15% 3 341 0.00% IBM 15% 6 017 0.00% ICICI Bank Ltd 15% 79 932 0.02% ICON PLC 15% 235 504 0.05% Idemitsu Kosan Co Ltd 15% 378 0.00% IDEXX Laboratories Inc 15% 1 087 0.00% IHI CORP 15% 166 0.00% Iliad SA 15% 165 0.00% Illinois Tool Works Inc 15% 2 959 0.00% Illumina Inc 15% 126 005 0.03% Imperial Brands PLC 15% 341 755 0.07% Imperial Oil Ltd 15% 364 0.00% Imperial Tobacco Group Plc 15% 421 507 0.09% Incitec Pivot Ltd 15% 291 391 0.06% Incyte Corp 15% 753 0.00% Industrivarden AB 15% 193 0.00% Infineon Technologies 15% 1 601 0.00% Ingredion Inc 15% 309 0.00% Inpex Corp 15% 286 871 0.06%

17 Insulet Corp 15% 312 0.00% Intact Financial Corp 15% 813 0.00% Intel Corp 15% 13 560 0.00% Intertek Group PLC 15% 634 0.00% INTUIT INC 15% 618 830 0.13% Intuitive Surgical Inc 15% 3 399 0.00% Investor AB 15% 1 236 0.00% Invitation Homes Inc 15% 270 995 0.06% IPG Photonics Corp 15% 271 0.00% IPSEN SA 15% 150 0.00% IRB BRASIL RESSEGUROS SA 15% 57 980 0.01% Israel Discount Bank Ltd 15% 344 0.00% Isuzu Motors Ltd 15% 306 0.00% Itochu Corp 15% 1 542 0.00% ITV PLC 15% 340 0.00% J Sainsbury PLC 15% 248 0.00% Jacobs Engineering Group Inc 15% 547 0.00% James Hardie Industries Plc 15% 412 0.00% Japan Post Holdings Co Ltd 15% 691 0.00% JAPAN POST INSURANCE CO LTD 15% 363 0.00% Japan Tobacco Inc 15% 1 410 0.00% Jardine Matheson Holdings Ltd 15% 256 206 0.05% JB Hunt Transport Services Inc 15% 551 0.00% JD Sports Fashion PLC 15% 241 0.00% JD.com Inc 15% 128 950 0.03% JFE HOLDINGS INC 15% 327 0.00% JGC Corp 15% 192 0.00% Johnson & Johnson 15% 742 004 0.16% Johnson Matthey PLC 15% 355 0.00% JPMorgan Chase & Co 15% 23 055 0.00% Julius Baer Group Ltd 15% 457 820 0.10% Juniper Networks Inc 15% 444 0.00% JX Holdings Inc 15% 729 0.00% Kajima Corp 15% 291 0.00% Kansai Paint Co Ltd 15% 269 0.00% KAO CORP 15% 2 169 0.00% KAWASAKI HEAVY INDUSTRIES LTD 15% 168 0.00% KDDI Corp 15% 50 348 0.01% KEIO CORP 15% 419 0.00% Kellogg Co 15% 876 0.00% Keppel Corp Ltd 15% 510 0.00% Kering 15% 56 079 0.01% Kering SA 15% 2 468 0.00% Kerry Group PLC 15% 1 200 0.00% Keycorp 15% 1 097 0.00% Keyence Corp 15% 3 293 0.00% Keyera Corp 15% 300 0.00% KIKKOMAN CORP 15% 401 0.00% Kimberly-Clark Corp 15% 2 353 0.00% Kinder Morgan Inc 15% 2 408 0.00% Kingfisher PLC 15% 296 0.00% Kinnevik Investment 15% 291 0.00% Kinross Gold Corp 15% 315 0.00% Kirby Corp 15% 220 479 0.05% Kirkland Lake Gold Ltd 15% 419 0.00% KLA-Tencor Corp 15% 1 379 0.00% Kobayashi Pharmaceutical Co 15% 206 0.00% Kohl's Corp 15% 452 0.00% Komatsu Ltd 15% 1 093 0.00% Konami Holdings Corp 15% 205 0.00% Konica Minolta Inc 15% 152 0.00%

18 Korea Electric Power Corp 15% 195 183 0.04% Kroger Co 15% 1 163 0.00% Kuraray Co Ltd 15% 189 0.00% Kurita Water Industries Ltd 15% 139 0.00% Kyocera Corp 15% 1 134 0.00% Kyowa Hakko Kirin Co Ltd 15% 324 0.00% Kyushu Electric Power Co Inc 15% 199 0.00% Kyushu Railway Co 15% 245 0.00% L3Harris Technologies Inc 15% 2 204 0.00% Lam Research Corp 15% 2 231 0.00% Lamb Weston Holdings Inc 15% 655 0.00% LANXESS 15% 294 0.00% Lear Corp 15% 401 0.00% LendingTree Inc 15% 77 187 0.02% Lennar Corp 15% 781 0.00% LG Household & Health Care Ltd 15% 38 826 0.01% Liberty Broadband Corp 15% 681 0.00% Liberty Global PLC 15% 342 032 0.07% Liberty SiriusXM Group 15% 979 0.00% Lincoln National Corp 15% 619 0.00% Linde plc 15% 5 963 0.00% LINE CORP 15% 331 0.00% Lion Corp 15% 199 0.00% LKQ Corp 15% 550 0.00% Lockheed Martin Corp 15% 5 023 0.00% Lululemon Athletica Inc 15% 1 239 0.00% Lundin Petroleum AB 15% 354 0.00% Lvmh Moet Hennessy 15% 131 807 0.03% M&G PLC 15% 81 077 0.02% M3 Inc 15% 638 0.00% Macquarie Group Ltd 15% 1 564 0.00% Magna International Inc 15% 844 0.00% Makita Corp 15% 401 0.00% ManpowerGroup Inc 15% 285 0.00% Financial Corp 15% 2 236 0.00% SA 15% 141 0.00% Marathon Petroleum Corp 15% 1 990 0.00% MARKEL CORP 15% 161 159 0.03% MARTIN MARIETTA MATERIALS INC 15% 252 675 0.05% Marubeni Corp 15% 568 0.00% Masco Corp 15% 683 0.00% Mastercard Inc 15% 1 143 107 0.24% Mazda Motor Corp 15% 226 0.00% McCormick & Co Inc 15% 1 011 0.00% McDonald's Corp 15% 7 742 0.00% McGraw Hill Financial Inc 15% 265 605 0.06% McKesson Corp 15% 1 290 0.00% Mediobanca 15% 386 0.00% Medipal Holdings Corp 15% 232 0.00% Medtronic Inc 15% 254 316 0.05% Meggitt PLC 15% 359 0.00% MEIJI Holdings Co Ltd 15% 407 0.00% Meituan Dianping (P Chip) 15% 109 175 0.02% Melco Crown Entertainment Ltd 15% 287 0.00% Mercadolibre Inc 15% 1 483 0.00% Merck & Co Inc 15% 11 965 0.00% Merck KGAA 15% 792 0.00% Methanex Corp 15% 83 0.00% Metlife Inc 15% 2 036 0.00% Metro Inc/CN 15% 471 0.00% Metso 15% 174 0.00%

19 MGM Resorts International 15% 771 0.00% Michelin 15% 1 011 0.00% MICROCHIP TECHNOLOGY INC 15% 1 465 0.00% Micron Technology Inc 15% 2 957 0.00% Microsoft Corp 15% 1 772 347 0.37% MIDEA GROUP CO LTD 15% 26 555 0.01% Minebea Co Ltd 15% 408 0.00% MISUMI Group Inc 15% 367 0.00% Mitsubishi Corp 15% 298 703 0.06% Mitsubishi Electric Corp 15% 1 273 0.00% MITSUBISHI MOTORS CORP 15% 136 0.00% Mitsui & Co Ltd 15% 272 979 0.06% Mitsui Chemicals Inc 15% 248 0.00% Mitsui OSK Lines Ltd 15% 124 0.00% Mizrahi Tefahot Bank Ltd 15% 142 0.00% Mizuho Financial Group Inc 15% 1 997 0.00% Molson Coors Brewing Co 15% 504 0.00% Mondi Plc 15% 655 0.00% Moodys Corp 15% 1 043 776 0.22% Morgan Stanley 15% 3 224 0.00% Motherson Sumi Systems Ltd 15% 66 479 0.01% Motorola Solutions Inc 15% 1 256 0.00% Mowi ASA 15% 552 0.00% MSCI Inc 15% 1 102 0.00% MTR Corp Ltd 15% 501 0.00% Myriad Genetics Inc 15% 84 225 0.02% NABTESCO CORP 15% 188 0.00% National Bank of Canada 15% 1 139 0.00% National Grid Ord 15% 2 425 0.00% National Oilwell Varco Inc 15% 208 710 0.04% Naturgy Energy Group SA 15% 369 0.00% Nestle SA Registered 15% 803 986 0.17% NetApp Inc 15% 801 0.00% Netflix Inc 15% 102 945 0.02% Newcrest Mining Ltd 15% 334 156 0.07% Newell Brands Inc 15% 416 0.00% Newmont Corp 15% 1 796 0.00% Nexon Co Ltd 15% 284 0.00% Next PLC 15% 625 0.00% NGK Insulators Ltd 15% 24 867 0.01% Nidec Corp 15% 1 575 0.00% NIKE Inc 15% 6 620 0.00% Nintendo Co Ltd 15% 2 293 0.00% NiSource Inc 15% 503 0.00% Nissan Motor Co Ltd 15% 646 0.00% Nisshin Seifun Group Inc 15% 204 0.00% Nissin Foods Holdings Co Ltd 15% 227 0.00% Nitori Holdings Co Ltd 15% 618 0.00% Nitto Denko Corp 15% 468 0.00% Noble Energy Inc 15% 571 0.00% Nokia OYJ 15% 1 042 0.00% NOKIAN RENKAAT OYJ 15% 183 0.00% Nomura Holdings Inc 15% 896 0.00% Nomura Research Institute Ltd 15% 417 0.00% Nordstrom Inc 15% 220 0.00% Norfolk Southern Corp 15% 2 555 0.00% Norsk Hydro ASA 15% 256 0.00% NortonLifeLock Inc 15% 834 0.00% NOVOCURE LTD 15% 93 596 0.02% NRG Energy Inc 15% 578 0.00% NSK Ltd 15% 178 0.00%

20 NTT Corp 15% 418 0.00% NTT DOCOMO Inc 15% 1 826 0.00% Nucor Corp 15% 875 0.00% Nutrien Ltd 15% 1 396 0.00% NVIDIA Corp 15% 6 894 0.00% NVR Inc 15% 677 0.00% O'Reilly Automotive Inc 15% 1 717 0.00% Obayashi Corp 15% 545 0.00% Ocado Group PLC 15% 416 0.00% Occidental Petroleum Corp 15% 1 902 0.00% OGE Energy Corp 15% 634 0.00% Oil Search 15% 327 0.00% Oji Holdings Corp 15% 215 0.00% Okta Inc 15% 721 0.00% Olympus Corp 15% 276 779 0.06% Omron Corp 15% 551 0.00% OMV AG 15% 382 0.00% ONEOK Inc 15% 1 551 0.00% Ono Pharmaceutical Co Ltd 15% 430 0.00% Open Text Corp 15% 575 0.00% Oracle Corp 15% 348 137 0.07% Orica Ltd 15% 86 126 0.02% Origin Energy Finance Ltd 15% 523 0.00% Orion OYJ 15% 207 0.00% Orix Corp 15% 1 312 0.00% Orsted A/S 15% 976 0.00% Osaka Gas Co Ltd 15% 334 0.00% Otsuka Corp 15% 171 0.00% Owens Corning 15% 327 0.00% PACCAR INC 15% 1 351 0.00% Packaging Corp of America 15% 496 0.00% Palo Alto Networks Inc 15% 1 068 0.00% Pandora A/S 15% 233 0.00% Park24 Co Ltd 15% 126 0.00% Paychex Inc 15% 1 415 0.00% Paycom Software Inc 15% 857 0.00% PayPal Holdings Inc 15% 6 313 0.00% Pearson Plc 15% 323 0.00% Pentair PLC 15% 550 0.00% People's United Financial Inc 15% 560 0.00% PepsiCo Inc 15% 9 944 0.00% Persimmon Plc 15% 517 0.00% Pfizer Inc 15% 11 116 0.00% Philip Morris International Inc 15% 891 955 0.19% Philips Lighting NV 15% 132 180 0.03% Phillips 66 15% 2 662 0.00% Pioneer Natural Resources Co 15% 1 267 0.00% Polaris Industries Inc 15% 313 0.00% Power Corp of Canada 15% 468 0.00% Power Financial Corp 15% 323 0.00% PPL Corp 15% 1 427 0.00% PrairieSky Royalty Ltd 15% 107 0.00% Principal Financial Group 15% 824 0.00% Procter & Gamble Co 15% 16 222 0.00% Progressive Corp 15% 2 100 0.00% PROSUS NV 15% 555 809 0.12% Inc 15% 1 885 0.00% PVH CORP 15% 410 0.00% QBE Insurance Group Ltd 15% 608 0.00% QIAGEN NV 15% 361 0.00% Qorvo Inc 15% 882 0.00%

21 Qualcomm Inc 15% 5 429 0.00% Rakuten Inc 15% 419 0.00% RALPH LAUREN CORP 15% 315 0.00% Ramsay Health Care Ltd 15% 527 0.00% Raytheon Co 15% 3 051 0.00% Reckitt Benckiser Group PLC 15% 851 809 0.18% Recruit Holdings Co Ltd 15% 2 818 0.00% Red Electrica Corp SA 15% 403 0.00% Regeneron Pharmaceuticals Inc 15% 1 483 0.00% Regions Financial Corp 15% 861 0.00% RELX PLC 15% 2 712 0.00% RenaissanceRe Holdings Ltd 15% 340 0.00% Renault SA 15% 443 0.00% Rentokil Initial Plc 15% 559 0.00% Repsol SA 15% 34 0.00% REPSOL SA RTS 15% 1 126 0.00% ResMed Inc 15% 237 292 0.05% Resona Holdings Inc 15% 443 0.00% Ricoh Co Ltd 15% 381 0.00% Rinnai Corp 15% 118 0.00% Rio Tinto PLC 15% 3 661 0.00% Roche Holding AG 15% 841 436 0.18% Rockwell Automation Inc 15% 1 158 0.00% Rogers Communications Inc 15% 935 0.00% Rohm Co Ltd 15% 381 0.00% Roku Inc 15% 641 0.00% Roper Technologies Inc 15% 1 861 0.00% Ross Stores Inc 15% 2 146 0.00% Royal Bank of Canada 15% 5 891 0.00% ROYAL CARIBBEAN CRUISES LTD 15% 1 412 0.00% Royal Dutch Shell 15% 12 247 0.00% Rpm International Inc 15% 515 0.00% RSA Insurance Group PLC 15% 360 0.00% RWE AG 15% 843 0.00% RYANAIR HOLDINGS PLC SP ADR 15% 70 907 0.01% Ryman Healthcare Ltd 15% 408 0.00% Ryohin Keikaku Co Ltd 15% 260 0.00% Safran SA 15% 2 784 0.00% Sage Group PLC 15% 543 0.00% Salesforce.com Inc 15% 7 070 0.00% Samsung Electronics Co Ltd 15% 543 643 0.11% Sands China Ltd 15% 65 923 0.01% Santen Pharmaceutical Co Ltd 15% 350 0.00% Santos Ltd 15% 505 0.00% Saputo Inc 15% 397 0.00% SBERBANK OF RUSSIA 15% 399 041 0.08% Schroders PLC 15% 450 0.00% Seagate Technology 15% 759 0.00% Sealed Air Corp 15% 359 0.00% SeaWorld Entertainment 15% 664 0.00% Secom Co Ltd 15% 1 011 0.00% Securitas AB 15% 257 0.00% Seek Ltd 15% 293 0.00% SEI Investments Co 15% 452 0.00% Seibu Holdings Inc 15% 199 0.00% Seiko Epson Corp 15% 183 0.00% SembCorp Industries Ltd 15% 86 0.00% SEMPRA ENERGY 15% 2 084 0.00% ServiceNow Inc 15% 2 679 0.00% Severn Trent PLC 15% 445 0.00% Sgs SA 15% 701 0.00%

22 Shaw Communications Inc 15% 498 0.00% SHIMADZU CORP 15% 428 0.00% SHIMANO INC 15% 557 0.00% Shiseido Co Ltd 15% 1 490 0.00% Siemens AG 15% 5 560 0.00% Singapore Exchange Ltd 15% 254 0.00% Singapore Press Holdings Ltd 15% 125 0.00% Sirius XM Holdings Inc 15% 753 0.00% SITEONE LANDSCAPE SUPPLY INC 15% 112 162 0.02% SJM Holdings Ltd 15% 91 0.00% Skandinaviska Enskilda Banken 15% 748 0.00% Skyworks Solutions Inc 15% 1 088 0.00% Smith & Nephew Plc 15% 1 052 0.00% Smiths Group PLC 15% 414 0.00% Smurfit Kappa Group PLC 15% 470 0.00% Snap Inc 15% 541 0.00% Snap-on Inc 15% 450 0.00% Sodexo SA 15% 519 0.00% Softbank Corp 15% 4 706 0.00% Solvay SA 15% 396 0.00% Sonic Healthcare Ltd 15% 641 0.00% Sony Corp 15% 4 652 0.00% South32 15% 474 0.00% SOUTHERN CO 15% 3 618 0.00% Splunk Inc 15% 1 338 0.00% SPOTIFY TECHNOLOGY SA 15% 68 792 0.01% Square Enix Holdings Co Ltd 15% 237 0.00% Square Inc 15% 1 119 0.00% SSE Plc 15% 1 034 0.00% Standard Chartered Bank 15% 1 355 0.00% Stanley Black & Decker Inc 15% 1 258 0.00% Stanley Electric Co Ltd 15% 189 0.00% Starbucks Corp 15% 5 615 0.00% Stericycle Inc 15% 104 931 0.02% STERIS plc 15% 716 0.00% Straumann Holding AG 15% 536 0.00% STRYKER CORP 15% 3 527 0.00% Sumitomo Chemical Co Ltd 15% 351 0.00% Sumitomo Corp 15% 472 361 0.10% Sumitomo Heavy Industries Ltd 15% 154 0.00% Inc 15% 1 421 0.00% Suncor Energy Inc 15% 2 576 0.00% Suntory Beverage & Food Ltd 15% 272 0.00% Suzuken Co Ltd 15% 120 0.00% Suzuki Motor Corp 15% 841 0.00% SVB Financial Group 15% 664 0.00% Swedish Match AB 15% 451 0.00% Swire Pacific Ltd 15% 208 0.00% Swisscom AG 15% 682 0.00% Sydney Airport Ltd 15% 323 0.00% Symrise AG 15% 694 0.00% Synchrony Financial 15% 1 135 0.00% Synopsys Inc 15% 1 260 0.00% Sysco Corp 15% 2 069 0.00% Sysmex Corp 15% 162 741 0.03% T Rowe Price Group Inc 15% 1 653 0.00% T&D Holdings Inc 15% 391 0.00% T-Mobile US Inc 15% 919 0.00% Take-Two Interactive Software 15% 732 0.00% Takeda Pharmaceutical Co Ltd 15% 3 118 0.00% TAPESTRY INC 15% 366 0.00%

23 Targa Resources Corp 15% 450 0.00% Target Corp 15% 3 564 0.00% TC Energy Corp 15% 2 449 0.00% TE CONNECTIVITY LTD 15% 577 233 0.12% TECH MAHINDRA 15% 60 636 0.01% TechnipFMC PLC 15% 462 0.00% Teck Resources Ltd 15% 462 0.00% Teijin Ltd 15% 151 0.00% TELADOC HEALTH INC 15% 92 555 0.02% Tele2 AB 15% 431 0.00% Telecom Italia SpA 15% 496 0.00% Teleflex Inc 15% 803 0.00% Telenor ASA 15% 590 0.00% Telstra Corp Ltd 15% 523 0.00% TELUS CORP 15% 354 0.00% Tenaris SA 15% 249 0.00% Tencent Holdings Ltd 15% 413 390 0.09% Tenet Healthcare Corp 15% 281 741 0.06% Teradyne Inc 15% 153 195 0.03% TERUMO CORP 15% 1 134 0.00% Tesco Plc 15% 1 623 0.00% Tesla Inc 15% 163 154 0.03% Texas Instruments Inc 15% 6 254 0.00% Textron Inc 15% 519 0.00% The Swatch Group 15% 135 0.00% Thermo Fisher Scientific Inc 15% 245 202 0.05% Thomson-Reuters Corporation 15% 722 0.00% ThyssenKrupp AG 15% 279 0.00% TJX Cos Inc/The 15% 3 991 0.00% Toho Gas Co Ltd 15% 127 0.00% TOKYO ELECTRON LTD 15% 1 859 0.00% Tokyo Gas Co Ltd 15% 488 0.00% Tokyu Corp 15% 459 0.00% Toppan Printing Co Ltd 15% 256 0.00% TORAY INDUSTRIES INC 15% 501 0.00% Toshiba Tec Corp 15% 903 0.00% Tosoh Corp 15% 206 0.00% Total SA 15% 290 032 0.06% TOTO Ltd 15% 302 0.00% TOYO SUISAN KAISHA LTD 15% 211 0.00% Toyota Financial Services (SA) Ltd 15% 526 213 0.11% TOYOTA TSUSHO CORP 15% 385 0.00% Tractor Supply Co 15% 538 0.00% TransUnion 15% 746 0.00% Travelers Cos Inc 15% 1 785 0.00% Travis Perkins PLC 15% 278 041 0.06% Trimble Inc 15% 536 0.00% TripAdvisor Inc 15% 148 0.00% Twilio Inc 15% 466 0.00% Twitter Inc 15% 1 221 0.00% Tyler Technologies Inc 15% 411 0.00% Tyson Foods Inc 15% 1 359 0.00% Uber Technologies Inc 15% 457 0.00% UCB SA 15% 464 0.00% UGI Corp 15% 580 0.00% UNDER ARMOUR INC 15% 111 891 0.02% Unicredito Italiano Spa 15% 1 499 0.00% Unilever PLC 15% 500 768 0.10% Union Pacific Corp 15% 6 649 0.00% United Continental Holdings Inc 15% 319 0.00% United Internet AG 15% 191 0.00%

24 United Overseas Bank Ltd 15% 1 348 0.00% United Parcel Service Inc 15% 4 238 0.00% UNITED RENTALS INC 15% 659 0.00% United Technologies Corp 15% 6 524 0.00% United Utilities Group PLC 15% 392 0.00% Universal Health Services Inc 15% 584 0.00% Unum Group 15% 317 0.00% US Bancorp 15% 4 648 0.00% USS Co Ltd 15% 186 0.00% Vale - ADR 15% 426 817 0.09% Valero Energy Corp 15% 1 926 0.00% Varian Medical Systems Inc 15% 841 0.00% Veeva Systems Inc 15% 1 110 0.00% Venture Corp Ltd 15% 158 0.00% Veolia Environnement SA 15% 755 0.00% VeriSign Inc 15% 958 459 0.20% Verisk Analytics Inc 15% 1 221 0.00% Verizon Communications Inc 15% 13 193 0.00% Vertex Pharmaceuticals Inc 15% 2 830 0.00% VF Corp 15% 1 677 0.00% Vifor Pharma AG 15% 474 0.00% VINCI SA 15% 3 108 0.00% Visa Inc 15% 1 886 572 0.39% VMware Inc 15% 595 0.00% Vodafone Group Plc 15% 2 568 0.00% voestalpine AG 15% 154 0.00% Voya Financial Inc 15% 524 0.00% Vulcan Materials Co 15% 1 069 0.00% WABCO Holdings Inc 15% 325 0.00% Walgreens Boots Alliance Inc 15% 2 258 0.00% Walt Disney Co 15% 13 530 0.00% WASTE MANAGEMENT INC 15% 2 415 0.00% Waters Corp 15% 180 019 0.04% WEC Energy Group Inc 15% 1 493 0.00% Wellcare Health Plans Inc 15% 1 431 0.00% Wesfarmers Ltd 15% 1 880 0.00% West Fraser Timber Co Ltd 15% 140 0.00% West Pharmaceutical Services I 15% 343 0.00% Westpac Banking Corp 15% 2 983 0.00% WESTROCK COMPANY 15% 574 0.00% WH Group Ltd 15% 456 0.00% Whirlpool Corp 15% 523 0.00% Whitbread PLC 15% 393 0.00% WILLIAMS COS INC 15% 1 402 0.00% Willis Towers Watson PLC 15% 1 379 0.00% Wilmar International Ltd 15% 478 0.00% Wirecard AG 15% 726 0.00% Woodside Petroleum Ltd 15% 1 105 0.00% Workday Inc 15% 1 323 0.00% WorleyParsons Ltd 15% 213 0.00% WPP PLC 15% 917 0.00% WR Berkley Corp 15% 483 0.00% WULIANGYE YIBIN CO LTD 15% 161 562 0.03% Wynn Macau Ltd 15% 93 172 0.02% Xcel Energy Inc 15% 1 864 0.00% Xerox Holdings Corp 15% 420 0.00% Xilinx Inc 15% 1 276 0.00% Yahoo Japan Corp 15% 543 0.00% Yakult Honsha Co Ltd 15% 332 0.00% Yamada Denki Co Ltd 15% 151 0.00% Yamaha Corp 15% 465 0.00%

25 YAMAHA MOTOR CO LTD 15% 283 0.00% Yaskawa Electric Corp 15% 448 0.00% YOKOGAWA ELECTRIC CORP 15% 265 0.00% YUM BRANDS INC 15% 1 506 0.00% Yum China Holdings Inc 15% 71 738 0.01% ZAYO GROUP HOLDINGS 15% 402 0.00% Zebra Technologies Corp 15% 781 0.00% Zimmer Holdings Inc 15% 1 512 0.00% Zoetis Inc 15% 3 195 0.00% (a)(ii) Issuer market capitalisation of between R2 billion and R20 billion, or an SARB amount or conditions as prescribed maximum 429 238 0.09% limits Arconic Inc 10% 282 913 0.06% Hydro One Ltd 10% 307 0.00% Lawson Inc 10% 109 0.00% LEG IMMOBILIEN AG 10% 143 477 0.03% Marathon Oil Corp 10% 598 0.00% Medibank Private Ltd 10% 339 0.00% Recordati 10% 199 0.00% Teva Pharmaceutical Industries Ltd 10% 484 0.00% YAMATO HOLDINGS CO 10% 280 0.00% Zions Bancorp NA 10% 533 0.00% (a)(iii) Issuer market capitalisation of less than R2 billion, or an amount or SARB conditions as prescribed maximum 30 770 400 6.43% limits AbbVie Inc 5% 902 043 0.19% ABC-Mart Inc 5% 288 0.00% ABN AMRO Group 5% 364 0.00% Acom Co Ltd SH5 5% 65 0.00% Acrher Daniels Midland 5% 1 267 0.00% ACS ACTIVIDADES CONS 5% 531 0.00% ADEVINTA ASA 5% 49 976 0.01% ADO PROPERTIES SA 5% 4 585 0.00% Adobe Inc 5% 8 346 0.00% Advanced Micro Devices Inc 5% 2 458 0.00% Aeon Co Ltd 5% 170 0.00% AerCap Holdings 5% 400 0.00% Aeroports de Paris 5% 286 0.00% AES Corp 5% 628 0.00% Aier Eye Hospital Group Co Ltd 5% 44 814 0.01% Air Water Inc 5% 98 0.00% Airbus SE 5% 4 437 0.00% Aisin Seiki Co 5% 325 0.00% Alfresa Hldgs Corp 5% 201 0.00% Algonquin Power & Utilities Co 5% 363 0.00% Allergan Inc 5% 3 413 0.00% SE 5% 376 802 0.08% Alstom SA (Pty) Ltd 5% 364 0.00% Alta Mesa Resources Inc 5% 291 0.00% AltaGas. 5% 236 0.00% Alumina Ltd 5% 181 0.00% Amadeus IT Group SA 5% 1 968 0.00% Amerada Hess Corp 5% 915 0.00% Amerco Inc 5% 168 0.00% Ameren Corp 5% 952 0.00% American Campus Communities 5% 40 199 0.01% American Express Co 5% 4 404 0.00% AMP LIMITED 5% 185 0.00% Amundi SA 5% 249 0.00% ANA Holdings Inc 5% 208 0.00% Anthem Inc 5% 484 805 0.10% Antofagasta Ord 5% 255 0.00%

26 KONINKLIJKE KPN 5% 579 0.00% Koninklijke Philips NV 5% 2 265 0.00% Koninklijke Vopak NV 5% 199 0.00% Koyo Seiko CO Ltd 5% 102 0.00% KRAFT FOODS GROUP INC 5% 1 289 0.00% Kubota Corp 5% 61 063 0.01% Kuehne & Nagel International 5% 408 0.00% Kungsleden AB 5% 64 937 0.01% L E Lundbergforetagen AB 5% 143 0.00% L'Oreal 5% 3 770 0.00% Laboratory Corp Of America Hol 5% 850 0.00% LandMark Optoelectronics Corp 5% 53 768 0.01% LAS VEGAS SANDS CORP 5% 1 229 0.00% Legal And General Gp 5% 1 226 0.00% Leggett & Platt Inc 5% 317 0.00% Legrand 5% 1 058 0.00% Leidos Hldgs Inc 5% 875 0.00% Lend Lease Corp Ltd 5% 67 232 0.01% Lendlease Global Commercial RE 5% 52 269 0.01% Lennox Intl Inc 5% 490 0.00% Liberty Media Corporation 5% 663 0.00% Lilly (Eli) & Co 5% 5 937 0.00% Lloyds TSB Group Plc 5% 534 959 0.11% Loblaw Cos Ltd 5% 523 0.00% Loews Corp 5% 718 0.00% Group plc 5% 1 653 0.00% Lonza Group AG 5% 1 329 0.00% Lowe's Co Inc 5% 4 937 0.00% Lvmh Moet Hennessy 5% 6 654 0.00% LyondellBasell Industries 5% 1 242 0.00% M&T Bank 5% 1 078 0.00% MAGNIT 5% 121 510 0.03% MAIL RU GROUP LTD 5% 113 607 0.02% MAKEMYTRIP LTD 5% 38 520 0.01% MarketAxess Hldg Inc 5% 113 110 0.02% Marks & Spencer Plc 5% 257 0.00% Marriott Intl Inc 5% 2 184 0.00% Marsh & McLennan Cos Inc 5% 2 817 0.00% Marui Group Co Ltd 5% 199 0.00% Maruichi Steel Tube Ltd 5% 53 0.00% Marvell Tech Group 5% 798 0.00% Maxim Integrated Products 5% 829 0.00% McDonald's Holdings Company (Japan) Ltd 5% 141 0.00% MCGRAW HILL FINANCIAL 5% 3 376 0.00% McGraw Hill Financial Inc 5% 486 851 0.10% Mega Manunggal Property Tbk PT 5% 2 352 0.00% Meituan Dianping (P Chip) 5% 42 147 0.01% Melco Crown Entertainment Ltd 5% 62 524 0.01% Melrose Plc 5% 785 0.00% Meridian Energy Ltd 5% 231 0.00% METALLGESELLSCHAFT AG 5% 274 0.00% METRO Wholesale & Food Specialist 5% 124 0.00% Mettler-Toledo International I 5% 948 0.00% Middleby Corp/The 5% 322 0.00% Millea Holdings Inc 5% 1 795 0.00% Millicom International Cellular 5% 248 0.00% Mitsubishi Chemical Holdings C 5% 488 0.00% Mitsubishi Corp 5% 156 0.00% MITSUBISHI ESTATE CO LTD 5% 168 051 0.04% Mitsubishi Estate Logistics RE 5% 34 742 0.01% Mitsubishi Heavy Industries Lt 5% 645 0.00%

27 Mitsubishi Tanabe Pharma Corp 5% 222 0.00% Mitsubishi UFJ Holdings Inc 5% 3 386 0.00% Mitsubishi UFJ Lease & Finance 5% 115 0.00% Mitsui Chemicals Inc 5% 130 0.00% Mohawk Industies Inc 5% 423 0.00% Mondelez International Group Inc 5% 4 284 0.00% MongoDB Inc 5% 354 0.00% Monster Beverage Co. 5% 1 296 0.00% Moodys Corp 5% 445 336 0.09% Morrison Supermarkets Plc 5% 329 0.00% MS&AD Insurance Group Holdings Inc 5% 210 721 0.04% 5% 2 127 0.00% Murata Manufacturing Co Ltd 5% 1 924 0.00% Mylan Inc 5% 533 0.00% Nagoya Railroad Co Ltd 5% 276 0.00% Namco Bandai Holdings Inc 5% 600 0.00% Nasdaq Inc 5% 581 0.00% National Australia Bank Ltd 5% 2 588 0.00% Natixis 5% 210 0.00% NEC Corp SHS 5% 554 0.00% Neste Oyj 5% 879 0.00% NetEase Inc 5% 281 005 0.06% Netease.com Inc 5% 1 561 185 0.33% Neurocrine Biosciences Inc 5% 270 0.00% New Oriental Education & Technology Group 5% 65 272 0.01% New World Development Co Ltd 5% 68 502 0.01% News Corporation 5% 292 0.00% NGK Spark Plug Co Ltd 5% 138 0.00% NHN Corp 5% 53 018 0.01% NICE Systems Ltd 5% 670 0.00% Nielsen Holdings 5% 341 0.00% Nikon Corp 5% 206 0.00% Nippon Express Co Ltd 5% 205 0.00% Nippon Meat Packers Inc 5% 169 0.00% Nippon Paint Co Ltd 5% 368 0.00% Nippon Steel & Sumitomo Metal 5% 566 0.00% Nippon Telegraph & Telephone 5% 1 650 0.00% Nippon Yusen KK 5% 173 0.00% Nissan Chemical Industries Ltd 5% 311 0.00% NN Group N.V. 5% 539 0.00% NOAH HOLDINGS LTD 5% 47 915 0.01% Northern Trust Corp 5% 1 115 0.00% Northrup Grumman 5% 2 755 0.00% Norwegian Cruise Line Holdings Ltd 5% 594 0.00% Notre Dame Intermedica Partici 5% 64 404 0.01% Novartis 5% 10 604 0.00% Novo Nordisk 5% 5 373 0.00% Novozymes AS 5% 519 0.00% NOW Inc 5% 36 242 0.01% NWS Holdings Ltd 5% 88 0.00% NXP Semiconductors 5% 1 754 0.00% Obic Co Ltd 5% 448 0.00% Odakyu Electric Railway Co Ltd 5% 331 0.00% Odontoprev 5% 64 894 0.01% Olam International Ltd 5% 161 552 0.03% Old Dominion Freight Line 5% 580 0.00% OMNICOM GROUP 5% 918 0.00% On Semiconductor 5% 498 0.00% Onex Corp 5% 270 0.00% Oracle Corp 5% 138 0.00% Orange SA 5% 1 417 0.00%

28 ORIENTAL LAND CO LTD 5% 1 427 0.00% ORKLA ASA 5% 384 0.00% Osaka Securities Exchange (OSE) 5% 476 0.00% Österreichische Elektrizitätswirtschafts AG 5% 209 0.00% Otsuka Holding Co Ltd 5% 832 0.00% Oversea-Chinese Banking Corp Ltd 5% 1 270 0.00% Paddy Power Plc 5% 493 0.00% Panasonic Corp 5% 1 068 0.00% Pao de Acucar 5% 101 899 0.02% Pargesa Holding SA 5% 338 0.00% Parker-Hannifin Corp 5% 1 344 0.00% Partners Group Hlg 5% 994 0.00% PCCW Ltd 5% 107 0.00% Pembina Pipeline Corporation 5% 1 227 0.00% Pernod-Ricard 5% 251 032 0.05% Perrigo Co PLC 5% 511 0.00% Peugeot S.A. 5% 680 0.00% Pigeon Corp 5% 238 0.00% Group Co of China Ltd 5% 239 138 0.05% Pinnacle West Capital Corp 5% 461 0.00% Pirelli & C SpA 5% 110 0.00% Plymouth Industrial REIT Inc 5% 17 070 0.00% PNC FINANCIAL SERVICES GROUP 5% 3 582 0.00% Pola Orbis Holdings Inc 5% 131 0.00% Porsche AG 5% 5 085 0.00% 5% 478 0.00% Power Grid Corp of India Ltd 5% 54 175 0.01% PPG Industries 5% 1 566 0.00% PROSUS NV 5% 2 016 644 0.42% PRUDENTIAL CORP PLC 5% 495 576 0.10% Prysmian Group 5% 259 0.00% PTC Inc 5% 506 0.00% Public Service Enterprise Group Inc 5% 1 444 0.00% PUBLICIS GROUPE 5% 469 0.00% Pulte Corp 5% 484 0.00% PUMA AG 5% 333 0.00% Quest Diagnostics Inc 5% 681 0.00% QUINTILES IMS HOLDINGS INC 5% 1 516 0.00% Raiffeisen Bank International 5% 201 0.00% Randstad Hldg 5% 358 0.00% Raymond James Financial Inc 5% 544 0.00% REA Group Ltd 5% 365 0.00% Group of America I 5% 537 0.00% Reliance Industries Ltd 5% 181 602 0.04% Remy Cointreau 5% 311 0.00% Renesas Electronics Corp 5% 308 0.00% Republic Services Inc 5% 980 0.00% RESTAURANT BRANDS INTERNATIONAL INC 5% 1 043 0.00% Richter 5% 97 187 0.02% RingCentral Inc 5% 385 0.00% Rio Tinto PLC 5% 1 385 0.00% RITCHIE BROS AUCTIONEERS 5% 93 491 0.02% Robert Half International 5% 387 0.00% Rollins Inc 5% 426 0.00% Rolls-Royce Group PLC 5% 295 317 0.06% Royal Bank of Scotland Grp Plc 5% 731 0.00% RYANAIR HOLDINGS PLC SP ADR 5% 619 990 0.13% SABRE 5% 313 0.00% Safestore Holdings PLC 5% 19 594 0.00% Sampo Oyi 5% 966 0.00% Samsung Electronics Co Ltd 5% 378 453 0.08%

29 Sandvik 5% 1 305 0.00% Sanofi-Synthelabo SA 5% 5 920 0.00% Sanrio Co. Ltd 5% 61 0.00% SAP SE 5% 315 777 0.07% Sarepta Therapeutics Inc 5% 459 0.00% SATS Ltd 5% 109 0.00% SBERBANK OF RUSSIA 5% 642 838 0.13% SBI Holdings Inc 5% 243 0.00% SBI LIFE INSURANCE CO LTD 5% 56 106 0.01% Schibsted ASA 5% 126 272 0.03% Schindler Hldg AG 5% 196 680 0.04% SCHLUMBERGER LIMITED 5% 3 051 0.00% Schneider Electric SE 5% 2 895 0.00% Scor SA 5% 336 0.00% Seattle Genetics 5% 150 051 0.03% SEB SA 5% 144 0.00% Sega Sammy Holdings Inc 5% 120 0.00% Sekisui Chemical Co Ltd 5% 310 0.00% Sekisui House 5% 782 0.00% Sensata Technologies Holding P 5% 154 204 0.03% Service Corp 5% 172 749 0.04% SES SA 5% 235 0.00% Seven & I Holdings 5% 1 382 0.00% Seven Bank Ltd 5% 86 0.00% SG Holdings Co Ltd 5% 337 0.00% Sharp Corporation 5% 135 0.00% Sherwin-Williams Co 5% 2 412 0.00% SHIMADZU CORP 5% 487 0.00% Shimamura Co Ltd 5% 246 0.00% Shin-Etsu Chemical Co Ltd 5% 2 084 0.00% Shinsei Bank Ltd 5% 324 0.00% Shionogi & Co. Ltd 5% 877 0.00% Shizuoka Bank Ltd 5% 277 0.00% Shopify Inc. 5% 165 471 0.03% Showa Denko KK 5% 179 0.00% Shurgard Self Storage SA 5% 98 841 0.02% Signature Bank/New York NY 5% 358 0.00% Singapore Airlines 5% 359 0.00% Singapore Technologies Engineering Ltd 5% 220 0.00% SingTel 5% 1 064 0.00% Sino Land Co Ltd 5% 238 0.00% Skanska AB 5% 359 0.00% Skf Ab Ser 'B' 5% 379 0.00% SMC Corp 5% 163 988 0.03% Smith (AO) Corp 5% 359 0.00% SNAM SpA 5% 562 0.00% Societe Generale (SG) 5% 1 634 0.00% Sohgo Security Services Co Ltd 5% 239 0.00% Sompo Holdings Inc 5% 633 0.00% Sonova Holding 5% 632 0.00% Sony Financial Holdings Inc 5% 182 0.00% Southwest Airlines 5% 190 354 0.04% Spirit AeroSystems Holdings Inc 5% 389 0.00% Sprint Corporation 5% 527 0.00% SS and C Technologies Hldgs Inc 5% 902 0.00% St Microelectronics 5% 957 0.00% St. James's Place Plc 5% 386 713 0.08% Stars Group Inc/The 5% 312 0.00% Start Today Co. Ltd 5% 80 0.00% State Street Bank 5% 1 442 0.00% Steel Dynamics Inc 5% 430 0.00%

30 Stora Enso Oyj (R) 5% 397 0.00% STORAGEVAULT CANADA INC 5% 16 195 0.00% Suez Environnement 5% 244 0.00% SumCo Corp 5% 203 0.00% Sumitomo Electric Industries Ltd 5% 512 0.00% Sumitomo Metal Mining Co Ltd 5% 356 0.00% Sumitomo Mitsui Financial Group Inc 5% 173 726 0.04% Sumitomo Mitsui Trust Holdings 5% 148 036 0.03% Sumitomo Rubber Industries 5% 89 0.00% Sun Hung Kai Properties Ltd 5% 1 437 0.00% Suncorp-Metway Ltd 5% 588 0.00% Sundrug Co Ltd 5% 163 0.00% Svenska Handelsbnk A 5% 801 0.00% SWEDBANK 5% 666 0.00% Hldg 5% 976 0.00% Swiss Prime Site AG 5% 453 0.00% 5% 1 750 0.00% Tabcorp Holdings 5% 341 0.00% Taiheiyo Cement Corp 5% 192 0.00% Taisei Corp 5% 434 0.00% Taisho Pharmaceutical Holdings Co Ltd 5% 180 0.00% Taiwan Semiconductor Mfg Co Ltd 5% 1 116 309 0.23% TAIYO NIPPON SANSO CORP 5% 321 0.00% Tata Consultancy Services Ltd 5% 49 453 0.01% Taubman Centers 5% 15 621 0.00% Taylor Wimpey PLC 5% 413 0.00% TD Ameritrade Holding Corp 5% 113 049 0.02% TDK Corp 5% 724 0.00% Techtronic Industries Co Ltd 5% 129 637 0.03% Telecom Corp Of New Zealand Ltd 5% 287 0.00% Teledyne Technologies Inc 5% 822 0.00% Telefonica 5% 1 621 0.00% Telefonica Deutschland Holding AG 5% 96 0.00% Telenet Group Holding NV 5% 109 0.00% Telia Co AB 5% 600 0.00% Temp Holdings Co Ltd 5% 180 0.00% Tencent Music Entertainment Gr 5% 52 297 0.01% Terna Grp 5% 491 0.00% Textainer Group Holdings Ltd 5% 317 551 0.07% The Hershey Co 5% 1 092 0.00% The Mosaic Co. 5% 366 0.00% The Swatch Group 5% 403 0.00% THK Co Ltd 5% 136 0.00% Thomson-CSF 5% 539 0.00% Tiffany & Co Inc 5% 781 0.00% TLG Immobilien AG 5% 73 294 0.02% Tobu Railway Co Ltd 5% 366 0.00% Toho Co Ltd/Tokyo 5% 218 0.00% TOHOKU ELECTRIC POWER 5% 217 0.00% Tokyo Electric Power Company Inc 5% 310 0.00% Tokyu Fudosan Holdings Corp 5% 67 735 0.01% Toronto-Dominion Bank 5% 5 332 0.00% Toyo Seikan Kaisha Ltd 5% 123 0.00% Toyoda Gosei Co Ltd 5% 74 0.00% TPG Telecom Ltd 5% 67 0.00% Trade Desk Inc/The 5% 93 095 0.02% TransDigm Inc 5% 1 364 0.00% Transurban Group TCL 5% 1 639 0.00% Treasury Wine Estates 5% 400 0.00% Trend Micro Inc/Japan 5% 368 0.00% Trip.com Group Ltd 5% 82 982 0.02%

31 TRUIST FINANCIAL CORP 5% 3 752 0.00% Tryg A/S 5% 142 0.00% TSINGTAO BREWERY H 5% 52 443 0.01% TUI Group 5% 265 0.00% UBS AG 5% 2 693 0.00% Ulta Beauty Inc 5% 753 0.00% UMICORE 5% 507 0.00% UNANA UNILEVER 5% 63 077 0.01% Uni-Charm Corp 5% 683 0.00% Unite Group 5% 26 631 0.01% United Healthcare Group Inc 5% 427 392 0.09% United Urban Investment Corp 5% 265 0.00% UnitedHealth Group Inc 5% 14 462 0.00% UPM-Kymmene OYJ 5% 908 0.00% US Airways Group 5% 179 0.00% Vail Resorts 5% 481 0.00% Valeant Pharmaceuticals International Inc 5% 446 0.00% Valeo 5% 444 0.00% Vestas Wind Systems 5% 1 010 0.00% ViacomCBS Inc 5% 1 124 0.00% VISTRA ENERGY CORP 5% 601 0.00% Vivendi Universal 5% 1 364 0.00% Volkswagen 5% 2 123 0.00% Volvo Grp 5% 1 233 0.00% Wabtec Corp 5% 96 401 0.02% AP Moller-Maersk 5% 757 0.00% Aptiv PLC 5% 1 226 0.00% Arcelor Mittal NPV 5% 604 0.00% ARCH CAPITAL GROUP 5% 935 0.00% Arena REIT 5% 8 157 0.00% ARKEMA 5% 377 0.00% Asahi Group Holdings Ltd 5% 894 0.00% Ashtead Grp Plc 5% 766 0.00% ASML Holding NV 5% 6 575 0.00% Assa Abloy AB 5% 1 174 0.00% SpA 5% 1 066 0.00% ATCO Ltd 5% 154 0.00% Athene Holding Ltd 5% 350 0.00% Atlantia 5% 605 0.00% ATLAS COPCO AB 5% 156 713 0.03% Atos SE 5% 387 0.00% AURORA CANNABIS 5% 69 0.00% AusNet Services Ltd 5% 91 0.00% Australia and New Zealand Banking Group Ltd 5% 2 608 0.00% AutoZone Inc 5% 140 524 0.03% 5% 1 026 0.00% AXA Equitable Holdings Inc 5% 710 0.00% AXALTA COATING SYSTEMS 5% 307 0.00% Axis Bank 5% 86 723 0.02% Axon Enterprise Inc 5% 86 890 0.02% AZRIELI GROUP 5% 328 0.00% B3 SA - Brasil Bolsa Balcao 5% 134 693 0.03% Baker Hughes Co 5% 884 0.00% Baloise Holding 5% 430 0.00% Banco Bradesco SA 5% 196 351 0.04% Banco de Sabadell 5% 362 0.00% Banco Espirito Santo SA 5% 0 0.00% Bank Hapoalim 5% 435 0.00% Bank Leumi Le-Israel BM 5% 534 0.00% Bank of Ireland 5% 88 838 0.02% Bank of Kyoto Ltd/The 5% 115 0.00%

32 Bank of Nova Scotia 5% 3 634 0.00% Bankamerica 5% 682 520 0.14% Bankia 5% 115 0.00% Baozun Inc 5% 65 811 0.01% Barry Callebaut AG 5% 211 0.00% BBVA 5% 2 031 0.00% Becton Dickinson & Co 5% 3 976 0.00% BeiGene Ltd 5% 340 0.00% BELGACOM 5% 232 0.00% Benesse Holdings Inc 5% 82 0.00% Berkeley Group Holdings PLC 5% 404 0.00% Berry Global Group Inc 5% 149 498 0.03% Bharat Forge Ltd 5% 55 935 0.01% BHP Steel Ltd 5% 273 0.00% Big Yellow Group PLC 5% 50 305 0.01% BIM BIRLESIK MAGAZALAR 5% 113 493 0.02% Biogen Idec Inc 5% 3 000 0.00% Blackstone Group Inc/The 5% 2 090 0.00% BM&F BOVESPA SA 5% 16 062 0.00% BNP Paribas 5% 3 495 0.00% BOC Hong Kong Holdings Ltd 5% 636 0.00% Bollore 5% 180 0.00% Booz Allen Hamilton Holding Co 5% 389 0.00% BorgWarner Inc 5% 433 0.00% Bouygues SA 5% 461 0.00% BP Amoco 5% 6 569 0.00% Bristol-Myers Squibb 5% 203 913 0.04% Bristol-Myers Squibb Co 5% 7 843 0.00% Broadcom Corp 5% 6 672 0.00% Broadridge Financial Solutions Inc 5% 148 583 0.03% BROWN & BROWN 5% 360 0.00% Brown Forman Corp 5% 1 165 0.00% Burlington Stores Inc 5% 957 0.00% C H Robinson Worldwide Inc 5% 514 0.00% Cadence Design Systems 5% 1 179 0.00% CAIXABANK SA 5% 587 0.00% Calbee Inc 5% 142 0.00% Cameco Corp Common Stock CAD 5% 147 0.00% Campbell Soup Co. 5% 601 0.00% Canadian Pacific Railway Ltd 5% 230 0.00% Capgemini 5% 982 0.00% CapitaLand Ltd 5% 334 0.00% Capri Holdings Ltd 5% 277 0.00% Carlsberg 5% 830 0.00% Carnival PLC 5% 1 089 0.00% Carrefour SA 5% 514 0.00% Casino Guichard Perrachon 5% 102 0.00% Castellum AB 5% 83 503 0.02% CBRE Group Inc 5% 1 028 0.00% Celanese Corp Series A 5% 807 0.00% Centuria Capital Group 5% 38 053 0.01% Century Tokyo Leasing Corp 5% 165 0.00% CenturyLink Inc 5% 622 0.00% CGI Inc 5% 1 086 0.00% Challenger Financial Services Group Ltd 5% 153 0.00% Charles Schwab Corp 5% 2 856 0.00% Cheung Kong Infrastructure Holdings Ltd 5% 224 0.00% Chiba Bank Ltd 5% 204 0.00% Chocoladefabriken Lindt & Spru 5% 864 0.00% Chr Hansen Holding A/S 5% 387 0.00% CI FINANCIAL CORPORATION 5% 205 0.00%

33 Cie Financiere Richemont SA 5% 354 409 0.07% CIMIC Group Ltd 5% 119 0.00% City Developments Ltd 5% 145 0.00% CK Asset Holdings 5% 168 676 0.04% CK Hutchison Holdings 5% 1 448 0.00% Cnh Industrial 5% 605 789 0.13% Coca Cola Co 5% 13 060 0.00% COCHLEAR LIMITED 5% 432 0.00% Colgate-Palmolive Co 5% 3 075 0.00% Coloplast 5% 683 0.00% Colruyt SA 5% 320 0.00% COMFORTDELGRO CORPORATION 5% 184 0.00% Commercial International Bank 5% 77 223 0.02% Commonwealth Bank of Australia 5% 5 173 0.00% Computer Share Ltd 5% 260 0.00% Constellation Brds Class A 5% 1 573 0.00% Container Corp Of India Ltd 5% 52 324 0.01% CONTINENTAL RESOURCES INC 5% 179 0.00% Cooper Cos Inc/The 5% 828 0.00% CoStar Group 5% 1 148 0.00% COTY A 5% 134 0.00% Cousins Properties Inc 5% 92 811 0.02% Covestro 5% 404 0.00% CP All PLC 5% 22 930 0.00% Credit Agricole SA 5% 867 0.00% Cronos Group Inc 5% 79 0.00% Crown Ltd 5% 599 0.00% CTRIP.COM INTERNATIONAL-ADR 5% 80 866 0.02% CubeSmart 5% 107 411 0.02% CVS Health Corp 5% 5 005 0.00% Daicel Corp 5% 115 0.00% Dainippon Sumitomo Pharma Co 5% 141 0.00% Dairy Farm International Holdi 5% 126 0.00% Daito Trust Construction Co. Ltd 5% 444 0.00% Danone SA 5% 2 588 0.00% Danske Bank 5% 529 0.00% Darden Restaurants Inc 5% 690 0.00% Dassault Aviation 5% 189 0.00% DENTSPLY SIRONA 5% 594 0.00% DEUTSCHE ANNINGTON 5% 360 833 0.08% Deutsche Lufthansa 5% 201 0.00% Deutsche Wohnen SE 5% 14 458 0.00% Development Bank of Southern Africa 5% 1 023 524 0.21% DIAMONDBACK ENERGY 5% 759 0.00% Direct Line Insurance Grp 5% 323 0.00% Disco Corp 5% 304 0.00% Dish Network Corporation 5% 420 0.00% DocuSign Inc 5% 470 0.00% DOLLAR GENERAL CORP 5% 200 079 0.04% Dominion Energy Inc 5% 3 695 0.00% Dominos Pizza Inc 5% 557 0.00% Don Quijote Holdings Co Ltd 5% 381 0.00% Dsm NV 5% 1 171 0.00% Duke Energy Holding Corp 5% 3 269 0.00% E*TRADE Financial Corp 5% 572 0.00% E-Mini S&P 500 5% 11 274 0.00% E.ON SE 5% 1 142 0.00% Eastern Tobacco 5% 35 780 0.01% Eaton Corp PLC 5% 2 027 0.00% Edenred EUR 5% 675 0.00% Edison International 5% 1 400 0.00%

34 Edwards Lifesciences 5% 2 452 0.00% Eiffage 5% 448 0.00% Eisai Co Ltd 5% 963 0.00% Elanco Animal Health Inc 5% 598 0.00% Elbit Systems Ltd 5% 156 0.00% ELECTRIC POWER DEVELOPMENT 5% 244 0.00% Electricite de France (EDF) 5% 326 0.00% Elisa 5% 436 0.00% Ems Chemie Holding 5% 295 0.00% Enagas 5% 272 0.00% Energias de Portugal 5% 546 0.00% ENTRA ASA 5% 97 754 0.02% Epam Systems 5% 716 0.00% Epiroc 5% 96 137 0.02% Ericsson Lm 5% 1 348 0.00% Erste Bank 5% 535 0.00% ESSILORLUXOTTICA SA 5% 2 173 0.00% Essity Aktiebolag B 5% 959 0.00% ESTACIO PARTICIPACOES ON 5% 66 237 0.01% Eurazeo SE 5% 169 0.00% Eurofins Scientific SE 5% 352 0.00% European Aeronautic Defence and Space Co 5% 138 625 0.03% Eutelsat Communications SA 5% 169 0.00% Evonik Industries 5% 260 0.00% SpA 5% 381 0.00% Expeditors International of Washington Inc 5% 660 0.00% FactSet Research Systems Inc 5% 393 302 0.08% Fairfax Financial Hldgs Ltd 5% 141 348 0.03% FamilyMart 5% 328 0.00% Fanuc Ltd 5% 2 039 0.00% Fidelity Nationall Information Services 5% 4 290 0.00% First Capital Realty Inc 5% 0 0.00% First Republic Bank/CA 5% 946 0.00% Fisher & Paykel Healthcare Corp Ltd 5% 442 0.00% Flight Centre Ltd 5% 96 0.00% FMC Technologies Inc 5% 615 0.00% Fomento Economico Mexicano SAB 5% 144 438 0.03% Fomento Economico Mexicano SAB de CV Units 5% 144 586 0.03% Ford Motor Co. 5% 1 887 0.00% Fortinet Inc 5% 976 0.00% Fortis Inc 5% 910 0.00% Fortune Brands Home & Security Inc 5% 513 0.00% Fox Corp 5% 1 352 0.00% FPL Group 5% 5 979 0.00% Fraport AG 5% 190 0.00% Freeport Mcmor C&G 5% 1 159 0.00% Fresenius SE & Co KGaA 5% 1 142 0.00% FUCHS PETROLUB SE 5% 355 0.00% Fujitsu General Ltd 5% 927 0.00% Galapagos NV 5% 450 0.00% GALLAGHER (ARTHUR J.) 5% 211 037 0.04% Galp Energia SGPS SA 5% 451 0.00% Gamesa Corp Tecnologica SA 5% 189 0.00% Gen Dynamics Corp 5% 2 141 0.00% Genmab 5% 80 358 0.02% Getlink SE 5% 394 0.00% Givaudan 5% 1 405 0.00% Gjensidige Forsikring ASA 5% 253 0.00% GLOBE LIFE INC 5% 735 0.00% GODADDY INC CLASS A 5% 793 0.00% Grainger PLC 5% 62 908 0.01%

35 Groupe Bruxelles Lambert 5% 398 0.00% GRUPO FINANCIERO BANORTE 5% 45 158 0.01% Guidewire Software Inc 5% 255 0.00% H LUNDBECK 5% 119 0.00% Hakon Invest AB 5% 173 0.00% Hakuhodo DY Holdings Inc 5% 368 0.00% Halliburton Co. 5% 1 067 0.00% HANG LUNG PROPERTIES 5% 247 0.00% Hankyu Hanshin Holdings 5% 535 0.00% Hannover Reuckvers 5% 554 0.00% Hapvida Participacoes e Invest 5% 56 864 0.01% Hartford Financial Services Gr 5% 1 045 0.00% Harvey Norman Holdings Ltd 5% 58 0.00% HCL TECHNOLOGIES 5% 70 051 0.01% HD Supply 5% 387 0.00% HDFC Bank Ltd 5% 106 913 0.02% HEICO Corp 5% 688 0.00% Heidelberg Cement AG 5% 554 0.00% Heineken 5% 533 0.00% Henderson Land Development Co Ltd 5% 384 0.00% Henkel AG & Co KGaA 5% 61 854 0.01% Hexagon AB 5% 758 0.00% Hikari Tsughin Inc 5% 248 0.00% HILTON WORLDWIDE HLDGS 5% 57 190 0.01% Hirose Electric Co Ltd 5% 49 636 0.01% Hisamitsu Pharmaceutical Co 5% 124 0.00% Hitachi Construction Machinery Co Ltd 5% 143 0.00% HKEX 5% 2 077 0.00% HKT Trust and HKT Ltd 5% 253 0.00% Hochtief 5% 101 0.00% Holcim 5% 170 361 0.04% Hongkong Electric Hldgs Ltd 5% 492 0.00% Hongkong Land Holdings Ltd 5% 316 0.00% Hoshizaki Electric Co. Ltd. 5% 7 715 0.00% HOUSING DEV FINANCE CORP 5% 485 478 0.10% Howard Hughes 5% 66 057 0.01% Howmet Aerospace Inc 5% 347 260 0.07% HP Inc 5% 1 546 0.00% HUFVUDSTADEN 5% 67 077 0.01% Hulic Co Ltd 5% 180 0.00% Huntington Bancshares Inc 5% 858 0.00% Huntington Ingalls Industries Inc 5% 511 0.00% Husqvarna 5% 138 0.00% Hysan Development Co Ltd 5% 41 142 0.01% iA Financial Corp Inc 5% 285 0.00% Iac Interactivecor 5% 909 0.00% ICICI Bank Ltd 5% 224 454 0.05% IDEX Corp 5% 620 0.00% IFF 5% 658 0.00% IHS Inc 5% 1 472 0.00% Iida Group Holdings Co Ltd 5% 94 0.00% Industria de Diseno Textil SA 5% 2 087 0.00% Informa 5% 744 0.00% ING GROEP 5% 2 588 0.00% Ingenico Group SA 5% 319 0.00% Ingersoll-Rand Co Ltd 5% 1 590 0.00% Insurance Australia Grp Ltd 5% 658 0.00% INTER PIPELINE 5% 370 0.00% Interactive Brokers Group 5% 66 987 0.01% IntercontinentalExchange Group 5% 2 857 0.00% International Paper Co 5% 1 154 0.00%

36 Interpublic Group of Cos Inc 5% 263 278 0.06% InterXion Holding NV 5% 57 303 0.01% 5% 2 131 0.00% Invesco Ltd 5% 362 0.00% Investors Group Inc 5% 102 0.00% Ionis Pharmaceuticals Inc 5% 526 0.00% Isetan Mitsukoshi Holdings Ltd 5% 166 0.00% Israel Chemicals Ltd 5% 207 0.00% ISS A/S 5% 191 0.00% Itau Unibanco Holding SA 5% 103 737 0.02% Itaú Unibanco Holding-Pref ADR 5% 204 891 0.04% Itochu Techno-Solutions Corp 5% 368 0.00% J Front Retailing Co Ltd 5% 177 0.00% J.M.Smucker Co 5% 566 0.00% Jack Henry & Associates Inc 5% 551 0.00% Japan Airlines Co Ltd 5% 173 0.00% Japan Airport Terminal Co Ltd 5% 99 0.00% Jardine Cycle And Carriage Ltd 5% 100 0.00% Jardine Matheson Holdings Ltd 5% 316 0.00% Jazz Pharmaceuticals Inc 5% 416 0.00% JC DECAUX INTERNATIONAL 5% 93 0.00% JEFFERIES FINANCIAL GROUP INC 5% 89 781 0.02% Jeronimo Martins SGPS SA 5% 218 0.00% JIANGSU YANGHE BREWERY 5% 77 759 0.02% Johnson Controls Inc 5% 141 928 0.03% Jones Lang Lasalle 5% 401 0.00% JS Group Corp 5% 199 0.00% JSR Corporation 5% 151 0.00% Just Eat PLC 5% 76 033 0.02% Kakakucom Inc 5% 360 0.00% Kamigumi Co Ltd 5% 296 0.00% Kansai Electric Power Co Inc 5% 425 0.00% Kansas City Southern Railway Co 5% 762 0.00% KASIKORNBANK - Foreign 5% 156 076 0.03% KB Financial Group Inc 5% 377 681 0.08% KBC GROUP NV 5% 956 0.00% Keihan Electric Railway Co Ltd 5% 233 0.00% Keikyu Corp 5% 223 0.00% Keisei Electric Railway Co Ltd 5% 278 0.00% KERRY PROPERTIES LTD 5% 112 0.00% Keysight Technologies 5% 918 0.00% Kinnevik Investment 5% 1 455 0.00% Kintetsu Group Holdings Co Ltd 5% 461 0.00% Kion Group 5% 245 0.00% Kirin Brewery Co Ltd 5% 882 0.00% KKR & Co Inc 5% 744 0.00% Knight-Swift Transportation Ho 5% 211 0.00% Koito Manufacturing Co Ltd 5% 264 0.00% Kone Corporation 5% 1 111 0.00% Koninklijke Ahold 5% 1 493 0.00% Wal Mart Stores 5% 8 831 0.00% Wartsila OYJ Abp 5% 246 0.00% WASTE CONNECTIONS 5% 1 231 0.00% Wayfair Inc 5% 293 0.00% Weir Group Plc 5% 210 0.00% Welcia Holdings Co Ltd 5% 198 0.00% Wells Fargo & Co 5% 11 625 0.00% Wells Fargo And Company 5% 89 660 0.02% Welltower Inc 5% 98 460 0.02% Wendel SE 5% 173 0.00% WEST JAPAN RAILWAY COMPANY 5% 827 0.00%

37 Western Digital Corporation 5% 939 0.00% Western Union Co. 5% 757 0.00% Westlake Chemical Corp 5% 310 0.00% Weston George Ltd 5% 303 0.00% Wharf Real Estate Investment Co Ltd 5% 387 0.00% Wheaton Precious Metals Corp 5% 681 0.00% Wheelock and Co Ltd 5% 303 0.00% Wix.Com Ltd 5% 335 0.00% Wolters Kluwer NV 5% 1 090 0.00% Woolworths Holdings Ltd 5% 1 613 0.00% Wynn Resorts 5% 681 0.00% X5 Retail Group 5% 74 678 0.02% XPO Logistics Inc 5% 993 412 0.21% Xylem Inc 5% 701 0.00% Yamazaki Baking Co Ltd 5% 91 0.00% Yandex NV 5% 221 343 0.05% Yangzijiang Shipbuilding Holdings Ltd 5% 279 0.00% Yara International 5% 377 0.00% Yokohama Rubber 5% 108 0.00% Youdao - A 5% 41 655 0.01% Yue Yuen Industrial Holdings Ltd 5% 96 0.00% Zalando SE 5% 459 0.00% ZILLOW GROUP C 5% 151 745 0.03% AG 5% 3 089 0.00%

(b) Preference and ordinary shares in companies, excluding shares in propert companies, not listed on an exchange 10% 3 022 811 0.63%

a2 Milk Co Ltd 2.5% 355 0.00% Accton Technology Corp 2.5% 87 427 0.02% Adyen NV 2.5% 456 0.00% AIB Group PLC 2.5% 148 0.00% Akzo Nobel 2.5% 1 371 0.00% Aqua America Inc 2.5% 525 0.00% Asahi Intecc Co Ltd 2.5% 334 0.00% Bank issuer unknown 2.5% 0 0.00% BANK RAKYAT INDONESIA 2.5% 153 357 0.03% BHP Group Plc 2.5% 162 514 0.03% BioMerieux 2.5% 204 0.00% Boliden AB 2.5% 366 0.00% Carl Zeiss Meditec AG 2.5% 300 0.00% Cellnex Telecom SA 2.5% 543 0.00% Central Bank Of Asia 2.5% 25 581 0.01% CHINA COMM SERVI H 2.5% 62 883 0.01% CHINA MENGNIU DAIRY CO 2.5% 91 935 0.02% Chipbond Technology Corp 2.5% 66 408 0.01% Clariant AG 2.5% 264 0.00% CLSA Global Markets Pte Ltd 2.5% 13 897 0.00% COLES GROUP LIMITED 2.5% 590 0.00% Concordia Financial Grp Ltd 2.5% 252 0.00% Croda International PLC 2.5% 416 0.00% Daifuku 2.5% 316 0.00% Davide Campari 2.5% 240 0.00% Delivery Hero AG 2.5% 677 0.00% Delta Electronics Inc 2.5% 136 647 0.03% DNO International ASA 2.5% 169 0.00% Duratex SA 2.5% 78 430 0.02% Evraz Plc 2.5% 202 0.00% Faurecia 2.5% 210 0.00% Ferguson PLC 2.5% 1 009 0.00% FinecoBank Banca Fineco SpA 2.5% 311 0.00%

38 Fomento Economico Mexicano SAB de CV Units 2.5% 75 085 0.02% GENTING BERHAD 2.5% 107 200 0.02% GMO Payment Gateway Inc 2.5% 116 0.00% Gree Electric Appliances Inc 2.5% 40 892 0.01% Grupo Televisa SAB 2.5% 239 756 0.05% Halma PLC 2.5% 701 0.00% HK Electric Investments 2.5% 123 0.00% InterContinental Hotels Group Plc 2.5% 550 0.00% Japan Post Bank Co Ltd 2.5% 138 0.00% Kingspan Group Plc 2.5% 478 0.00% Knorr-Bremse AG 2.5% 248 0.00% Korea Investment Holdings Co L 2.5% 113 695 0.02% Largan Precision Co Ltd 2.5% 99 747 0.02% Live Nation Entertainment Inc 2.5% 186 113 0.04% Lotte Shopping Co Ltd 2.5% 58 894 0.01% Lundin Mining Corp 2.5% 211 0.00% Magellan Financial Grp Ltd 2.5% 249 0.00% Media Nusantara Citra Tbk 2.5% 20 592 0.00% Mercadolibre Inc 2.5% 35 140 0.01% Mercari Inc 2.5% 136 0.00% Micro Focus International 2.5% 296 0.00% Moncler S.p.A. 2.5% 443 0.00% MonotaRO Co Ltd 2.5% 193 0.00% Montreal Exch S&P/TSX 2.5% 285 0.00% MTU Aero Engines Holding AG 2.5% 793 0.00% NARI Technology Co Ltd 2.5% 125 532 0.03% NCSoft Corp 2.5% 78 686 0.02% Nippon Shinyaku Co Ltd 2.5% 207 0.00% NMC Health PLC 2.5% 113 892 0.02% Nordea Bank AB 2.5% 1 443 0.00% PeptiDream Inc 2.5% 242 0.00% Ping An Insurance Group Co of China Ltd 2.5% 269 498 0.06% PROSUS NV 2.5% 142 807 0.03% Quebecor Inc 2.5% 230 0.00% Samsonite International SA 2.5% 71 151 0.01% Sartorius Stedim Biotech 2.5% 288 0.00% Sartorius Vz Aktie 2.5% 436 0.00% SHENZHEN INT'L 2.5% 75 518 0.02% Sika Finanz AG 2.5% 1 211 0.00% Spirax-Sarco Engineering PLC 2.5% 376 0.00% ABERDEEN PLC 2.5% 504 0.00% Teleperformance 2.5% 701 0.00% Temenos Group 2.5% 516 0.00% Tsuruha Holdings Inc 2.5% 188 355 0.04% Ubisoft Entertainment 2.5% 292 0.00% Unilever NV 2.5% 4 347 0.00% Uniper 2.5% 302 0.00% VITASOY INT'L 2.5% 198 0.00% Wal-Mart de Mexico SAB de CV 2.5% 74 758 0.02% WASHINGTON H. SOUL PATTINSON 2.5% 156 0.00% Worldline SA/France 2.5% 417 0.00% WSP Global 2.5% 340 0.00%

4 IMMOVABLE PROPERTY 30 030 256 6.27% 4.1 Inside the Republic 25% 19 553 465 4.09% (a) Preference shares, ordinary shares and linked units comprising shares linked to debentures in property companies, or units in a Collective 25% 19 553 465 4.09% Investment Scheme in Property, listed on an exchange (a)(i) Issuer market capitalisation of R10 billion or more, or an amount or conditions as prescribed 25% 12 320 153 2.57%

39 CAPITAL & COUNTIES PROPERTIES PLC 15% 28 624 0.01% Capital & Regional PLC 15% 741 0.00% Emira Property Fund Ltd 15% 120 999 0.03% Growthpoint Properties Ltd 15% 2 949 893 0.62% HAMMERSON PLC 15% 862 720 0.18% Intu Prop Plc 15% 117 224 0.02% Investec Property Fund Ltd 15% 1 102 406 0.23% MAS Real Estate 15% 561 032 0.12% NEPI. Rockcastle PLC 15% 2 102 579 0.44% RDI REIT Plc 15% 36 317 0.01% Rebosis Property Fund Ltd 15% 6 126 0.00% Redefine Properties Ltd 15% 1 883 973 0.39% Resilient Property Income Fund Ltd 15% 672 073 0.14% SA Corporate Real Estate Ltd 15% 1 127 572 0.24% Sirius Real Estate Ltd 15% 102 801 0.02% Vukile Property Fund Ltd 15% 645 074 0.13%

(a)(ii) Issuer market capitalisation of between R3 billion and R10 billion, or an amount or conditions as prescribed 25% 5 968 416 1.25%

Accelerate Property Fund Ltd 10% 69 087 0.01% Atlantic Leaf Properties Ltd 10% 12 853 0.00% Attacq Ltd 10% 749 625 0.16% Delta Property Fund Ltd 10% 8 082 0.00% EPP NV 10% 263 500 0.06% Equities Property Fund Ltd 10% 210 491 0.04% FORTRESS REIT LTD 10% 1 159 715 0.24% Hospitality Property Fund Ltd 10% 194 916 0.04% Hyprop Investments Ltd 10% 1 536 629 0.32% Investec Australia Property Fu 10% 99 226 0.02% Liberty Two Degrees Ltd 10% 1 011 344 0.21% Octodec Investments Ltd 10% 254 713 0.05% Stenprop Ltd 10% 27 932 0.01% Stor-Age Property REIT Limited 10% 370 303 0.08%

(a)(iii) Issuer market capitalisation of less than R3 billion or an amount or conditions as prescribed 25% 1 264 896 0.26%

Arrowhead Properties Ltd 5% 141 271 0.03% Capital & Counties Properties 5% 581 472 0.12% Dipula Income Fund Ltd 5% 363 616 0.08% Fairvest Property Holdings Ltd 5% 86 913 0.02% Indluplace Properties Ltd 5% 8 946 0.00% Rebosis Property Fund Ltd 5% 41 837 0.01% Texton Property Fund Ltd 5% 40 840 0.01%

(b) Immovable property, preference and ordinary shares in property companies, and linked units comprising shares linked to debentures in 15% property companies, not listed on an exchange 5%

4.2 Foreign 25% 10 476 791 2.19% (a) Preference shares, ordinary shares and linked units comprising shares linked to debentures in property companies, or units in a Collective 25% 10 302 824 2.15% Investment Scheme in Property, listed on an exchange (a)(i) Issuer market capitalisation of R10 billion or more, or an amount or conditions as prescribed 25% 3 671 196 0.77%

Annaly Capital Management Inc 15% 631 0.00% Aroundtown SA 15% 68 008 0.01% Ascendas Real Estate Investmen 15% 310 0.00%

40 AvalonBay Communities Inc 15% 95 712 0.02% Boston Properties Inc 15% 234 115 0.05% British Land Co PLC 15% 394 0.00% Camden Property Trust 15% 96 013 0.02% CapitaLand Commercial Trust 15% 157 0.00% CapitaLand Mall Trust 15% 268 0.00% CyrusOne Inc 15% 63 589 0.01% Dexus Property Group 15% 231 544 0.05% DIGITAL REALTY TRUST INC 15% 1 253 0.00% DUKE REALTY CORP 15% 96 137 0.02% EXTRA SPACE STORAGE INC 15% 133 027 0.03% Federal Realty Investment Trus 15% 227 431 0.05% GPT Group 15% 565 0.00% HEALTHPEAK PROPERTIES INC 15% 494 393 0.10% Host Hotels & Resorts 15% 196 879 0.04% Iron Mountain Inc 15% 415 0.00% Japan Prime Realty Investment 15% 178 0.00% LIBERTY PROPERTY TRUST 15% 659 0.00% MIRVAC GROUP 15% 25 123 0.01% National Retail Properties Inc 15% 40 587 0.01% NIPPON PROLOGIS REIT INC 15% 75 673 0.02% PROLOGIS INC 15% 703 857 0.15% REGENCY CENTERS CORP 15% 153 490 0.03% Riocan Real Estate Investment Trust 15% 64 524 0.01% SEGRO PLC 15% 254 710 0.05% Sun Communities Inc 15% 246 326 0.05% Swire Properties Ltd 15% 83 531 0.02% Terreno Realty Corp 15% 80 912 0.02% WP Carey Inc 15% 785 0.00% (a)(ii) Issuer market capitalisation of between R3 billion and R10 billion, or an amount or conditions as prescribed 25% 19 034 0.00%

Cromwell European Real Estate 10% 18 132 0.00% LAND SECURITIES GROUP PLC 10% 529 0.00% Stockland Corp Ltd 10% 373 0.00% (a)(iii) Issuer market capitalisation of less than R3 billion or an amount or conditions as prescribed 25% 6 612 594 1.38%

Aedas Homes SAU 5% 40 198 0.01% Aedifica SA 5% 48 190 0.01% AGNC Investment Corp 5% 410 0.00% AIMS APAC REIT 5% 34 610 0.01% Alexandria Real Estate Equitie 5% 448 829 0.09% Allied Properties REIT 5% 190 684 0.04% American Homes 4 Rent 5% 167 829 0.04% AMERICAN TOWER CORP 5% 120 391 0.03% Assura PLC 5% 144 636 0.03% BRIXMOR PROPERTY GROUP INC 5% 14 866 0.00% Canadian Apartment Properties 5% 81 489 0.02% CARETRUST REIT INC 5% 145 915 0.03% Centuria Industrial REIT 5% 33 936 0.01% Centuria Metropolitan REIT 5% 34 743 0.01% CORESITE REALTY CORP 5% 96 738 0.02% Cromwell Property Group 5% 9 916 0.00% Crown Castle International Corp 5% 2 986 0.00% Daiwa House Residential Invest 5% 268 0.00% Derwent London Plc 5% 110 697 0.02% Douglas Emmett Inc 5% 43 214 0.01% Empire State Realty Trust Inc 5% 60 305 0.01% EPR Properties 5% 99 197 0.02% Equinix Inc 5% 252 519 0.05% Equity Commonwealth 5% 33 696 0.01%

41 EQUITY LIFESTYLE PROPERTIES INC 5% 108 943 0.02% Equity Residential 5% 492 170 0.10% ESR Cayman Ltd 5% 86 619 0.02% Essex Property Trust Inc 5% 112 441 0.02% Fabege AB 5% 49 604 0.01% Fonciere des Regions 5% 24 525 0.01% GECINA SA 5% 30 186 0.01% GLP J-Reit 5% 44 282 0.01% GODEWIND IMMOBILIEN AG 5% 35 129 0.01% GOODMAN GROUP 5% 45 839 0.01% Healthcare Realty Trust Inc 5% 101 449 0.02% Healthcare Trust of America In 5% 140 700 0.03% HIGHWOODS PROPERTIES 5% 30 403 0.01% Hudson Pacific Properties Inc 5% 79 007 0.02% HULIC REIT INC 5% 110 675 0.02% ICADE 5% 203 0.00% Ichigo Real Estate Investment 5% 47 864 0.01% INMOBILIARIA COLONIAL SA 5% 95 315 0.02% Japan Hotel REIT Investment Co 5% 23 173 0.00% JAPAN REAL ESTATE INVESTMENT 5% 69 570 0.01% JAPAN RETAIL FUND INVESTMENT 5% 33 557 0.01% JBG SMITH Properties 5% 71 325 0.01% Kenedix Office Investment Corp 5% 108 293 0.02% KILROY REALTY CORP 5% 117 430 0.02% KIMCO REALTY CORP 5% 396 0.00% Klepierre SA 5% 386 0.00% Link REIT 5% 311 876 0.07% MCUBS MidCity Investment Corp 5% 41 070 0.01% Medical Properties Trust 5% 310 0.00% Mid-America Apartment Communit 5% 152 628 0.03% Nippon Accommodations Fund Inc 5% 6 035 0.00% NIPPON BUILDING FUND INC 5% 72 021 0.02% NOMURA REAL ESTATE INC 5% 543 0.00% Omega Healthcare Investors Inc 5% 467 0.00% Orix JREIT Inc 5% 281 0.00% Public Storage 5% 1 648 0.00% Realty Income Corp 5% 1 200 0.00% Rexford Industrial Realty Inc 5% 181 042 0.04% SBA Communications Corp 5% 18 006 0.00% Scentre Group 5% 36 532 0.01% Shaftesbury PLC 5% 11 067 0.00% Simon Property Group Inc 5% 345 361 0.07% SL Green Realty 5% 457 0.00% Smart Real Estate Investment T 5% 56 0.00% Spirit Realty Capital Inc 5% 157 965 0.03% STAG Industrial Inc 5% 86 825 0.02% STORE CAPITAL CORP 5% 94 413 0.02% SUMITO REALTY & DEVELOPMENT 5% 125 574 0.03% Suntec REIT 5% 187 0.00% Tokyu REIT Inc 5% 27 644 0.01% UDR INC 5% 200 379 0.04% UNIBAIL RODAMCO 5% 152 076 0.03% Ventas Inc 5% 18 991 0.00% VEREIT INC 5% 156 565 0.03% VICI Properties Inc 5% 133 959 0.03% VORNADO REALTY TRUST 5% 529 0.00% Weyerhaeuser Co 5% 1 138 0.00%

42 (b) Immovable property, preference and ordinary shares in property companies, and linked units comprising shares linked to debentures in 15% 173 968 0.04% property companies, not listed on an exchange First Capital Real Estate Inve 5% 28 611 0.01% Great Portland Estates PLC 5% 70 529 0.01% H&R Real Estate Investment Trust 5% 294 0.00% InterRent Real Estate Investme 5% 48 938 0.01% Irish Residential Properties R 5% 25 284 0.01% VICINITY CENTRES 5% 311 0.00%

5 COMMODITIES 10% 39 908 0.01% 5.1 Inside the Republic 39 908 0.01%

(a) Kruger Rands and other commodities on an exchange, including exchange traded commodities 10% 39 908 0.01%

(a)(i) Gold (including Kruger Rands) 10%

(a)(ii) Other commodities 5% 39 908 0.01% 5% 39 908 0.01%

5.2 Foreign 10% (a) Gold and other commodities on an exchange, including exchange traded 10% commodities

(a)(i) Gold 10%

(a)(ii) Other commodities 5% 5%

6 INVESTMENTS IN THE BUSINESS OF A PARTICIPATING EMPLOYER INSIDE THE REPUBLIC IN TERMS OF:-

(a) Section 19(4) of the Pension Funds Act 5% (b) To the extent it has been allowed by an exemption in terms of section 19(4A) of the Pension Funds Act 10%

7 HOUSING LOANS GRANTED TO MEMBERS IN ACCORDANCE WITH 95% THE PROVSIONS OF SECTION 19(5)

8 HEDGE FUNDS, PRIVATE EQUITY FUNDS AND ANY OTHER ASSET 15% NOT REFERRED TO IN THIS SCHEDULE 8.1 Inside the Republic 15% (a) Hedge fund 10% (a)(i) Funds of hedge funds 10% 5% (a)(ii) Hedge funds 10% 2.5%

(b) Private equity funds 10% (b)(i) Funds of private equity funds 10% 5% (b)(ii) Private equity funds 10% 2.5%

(c) Other assets not referred to in this schedule and excluding a hedge fund or private equity fund 2.5%

43 8.2 Foreign 15% (a) Hedge fund 10% (a)(i) Funds of hedge funds 10% 5% (a)(ii) Hedge funds 10% 2.5%

(b) Private equity funds 10% (b)(i) Funds of private equity funds 10% 5% (b)(ii) Private equity funds 10% 2.5%

(c) Other assets not referred to in this schedule and excluding a hedge fund or 2.5% private equity fund

TOTAL ASSETS - REGULATION 28 (D above) 446 655 187 100.00%

INVESTMENT SUMMARY (REGULATION 28) Percentage Foreign Percentage of Percentage of Local Africa Total of Fair value (Excluding Africa) Fair value Fair value

R% R % R % R 1 Balances or deposits, money market instruments issued by a bank 69 854 624.37 14.60% 2 823 102.01 0.59% 0.00 0.00% 72 677 726.38 including Islamic liquidity management financial instruments 2 Debt instruments including Islamic 218 654 115.03 45.68% 23 965.41 0.01% 218 678 080.44 debt instruments 3 Equities 42 563 604.79 8.89% 82 525 836.10 17.24% 139 775.58 0.03% 125 229 216.47

4 Immovable property 19 553 464.81 4.09% 10 476 791.47 2.19% 30 030 256.28

5 Commodities 39 907.74 0.01% 39 907.74 6 Investment in the business of a 0.00 participating employer 7 Housing loans granted to members - 0.00 section 19(5) 8 Hedge Funds, private equity funds and any other assets not referred to 0.00 in this schedule 9 Fair value of assets to be excluded in terms of sub-regulations3(c ) and 0.00 (8)(b) of Regulation 28 10 Investments not disclosed/data not 0.00 available for disclosure TOTAL (equal to the fair value of 350 665 716.74 73.27% 95 849 694.99 20.03% 139 775.58 0.03% 446 655 187.31 assets)

Note: Maximum Foreign limits and disclosure in terms of South African Reserve Bank requirements.

Total (Inside & Percentage of Fair Regulation 28 limits Foreign) value R% Asset Limits in terms of sub regulation 3(f) Other debt instruments not listed 12 182 311 2.55% Equities not listed 3 022 811 0.63% Immovable properties not listed 173 968 0.04% Hedge funds , Private Equity funds and other assets TOTAL 15 379 090 3.21% 35% Asset Limits in terms of sub regulation 3(g)

44 Equities not listed 3 022 811 0.63% Private Equity funds TOTAL 3 022 811 0.63% 15% Asset Limits in terms of sub-regulation 3(h) Cash and deposits with a South African Bank TOTAL Asset Limits in terms of sub-regulation 3(i) Foreign (excluding Africa) 95 849 695 20.03% 30% Africa 139 776 0.03% 10% TOTAL 95 989 471 20.06% 40%

NOTES: 1 Difference due to a timing difference between the portfolio of assets used for financial statement reporting purposes and the portfolio of assets used for Regulation 28 reporting purposes. 2 Credit balance in current accounts must be included in item 1. 3 If the investments exceed the limit per institution/company/individual and no exemption has been obtained, the details below must be completed for each institution/company/individual in each category of assts. Investments in institution/company/individual Item % of Fair Value Fair Value ( R)

4 EXEMPTIONS GRANTED BY THE REGISTRAR Item Max % Date of letter Fair Value ( R)

45