Q4 2019 Reporting 13 January 2020

SORTED BY DATE Da te Compa ny Da te Compa ny Da te Compa ny 22.01.20 Forsikring ASA 12.02.20 Selvaag Bolig ASA 25.02.20 Lerøy Seafood Group ASA 22.01.20 Gjensidige Pensjonsforsikring AS 12.02.20 ASA 25.02.20 NEXT Biometrics Group ASA 23.01.20 Pareto Bank ASA 12.02.20 StrongPoint ASA 25.02.20 Norwegian Energy Company ASA 24.01.20 Solar ASA 12.02.20 TGS- NOPEC Geophysical Company ASA 25.02.20 Observe Medical ASA 28.01.20 BN Bank ASA 12.02.20 Webstep ASA 25.02.20 Reach Subsea ASA 28.01.20 Bolig- og Næringskreditt AS 13.02.20 Akastor ASA 26.02.20 Axxis Geo Solutions ASA 29.01.20 ASA 13.02.20 Arcus ASA 26.02.20 Fjord1 ASA 29.01.20 Voss Veksel- og Landmandsbank ASA 13.02.20 Elkem ASA 26.02.20 Goodtech ASA 30.01.20 Aurskog Sparebank 13.02.20 Fana Sparebank 26.02.20 Kid ASA 30.01.20 Biotec Pharmacon ASA 13.02.20 Fjordkraft Holding ASA 26.02.20 Multiconsult ASA 30.01.20 Data Respons ASA 13.02.20 ASA 26.02.20 Nekkar ASA 30.01.20 Europris ASA 13.02.20 Jæren Sparebank 26.02.20 NTS ASA 30.01.20 Møre Boligkreditt AS 13.02.20 Kitron ASA 26.02.20 Panoro Energy ASA 30.01.20 PGS ASA 13.02.20 Navamedic ASA 26.02.20 PCI Biotech Holding ASA 30.01.20 Sparebanken Møre 13.02.20 ASA 26.02.20 SalMar ASA 30.01.20 Sparebanken Vest 13.02.20 NRC Group ASA 26.02.20 Santander Consumer Bank AS 30.01.20 Stolt- Nielsen Limited 13.02.20 OKEA ASA 26.02.20 Solon Eiendom ASA 05.02.20 Borregaard ASA 13.02.20 Olav Thon Eiendomsselskap ASA 26.02.20 S.A. 05.02.20 Eika Boligkreditt AS 13.02.20 Q- Free ASA 26.02.20 Vow ASA 05.02.20 Helgeland Sparebank 13.02.20 S.D. Standard Drilling Plc 27.02.20 AqualisBraemar ASA 05.02.20 KLP Banken AS 13.02.20 Saga Tankers ASA 27.02.20 Archer Limited 05.02.20 KLP Boligkreditt AS 13.02.20 Sandnes Sparebank 27.02.20 Borgestad ASA 05.02.20 KLP Kommunekreditt AS 13.02.20 SATS ASA 27.02.20 Byggma ASA 05.02.20 SpareBank 1 SMN 13.02.20 Schibsted ASA 27.02.20 Havyard Group ASA 05.02.20 SpareBank 1 SR- Bank ASA 13.02.20 Skue Sparebank 27.02.20 Höegh LNG Holdings Ltd 05.02.20 Sparebanken Sør Boligkreditt AS 13.02.20 SpareBank 1 Nord- Norge 27.02.20 IDEX Biometrics ASA 06.02.20 Atea ASA 13.02.20 SpareBank 1 Nordvest 27.02.20 Interoil Exploration and Prod. ASA 06.02.20 DNB ASA 13.02.20 Sparebanken Sogn og Fjordane 27.02.20 Kahoot! AS 06.02.20 DNO ASA 13.02.20 Sparebanken Øst 27.02.20 Kongsberg Automotive ASA 06.02.20 Eika Forsikring AS 13.02.20 Techstep ASA 27.02.20 Nordic Nanovector ASA 06.02.20 Eika Gruppen AS 13.02.20 Tysnes Sparebank 27.02.20 North Energy ASA 06.02.20 Electromagnetic Geoservices ASA 13.02.20 Wilh. Wilhelmsen Holding ASA 27.02.20 Odfjell Drilling Ltd 06.02.20 Norske Skog ASA 13.02.20 Aasen Sparebank 27.02.20 Otello Corporation ASA 06.02.20 Orkla ASA 14.02.20 AF Gruppen ASA 27.02.20 Photocure ASA 06.02.20 Prosafe SE 14.02.20 Aker ASA 27.02.20 Polarcus Limited 06.02.20 Protector Forsikring ASA 14.02.20 AKVA group ASA 27.02.20 Limited 06.02.20 SpareBank 1 Østfold Akershus 14.02.20 Arendals Fossekompani ASA 27.02.20 Siem Offshore Inc. 06.02.20 Sparebanken Sør 14.02.20 Avinor AS 27.02.20 Sunndal Sparebank 06.02.20 Sparebanken Telemark 14.02.20 Baltic Sea Properties AS 27.02.20 Ziton A/S 07.02.20 ASA 14.02.20 Eidsiva Energi AS 28.02.20 Aega ASA 07.02.20 ASA 14.02.20 Endúr ASA 28.02.20 American Shipping Company ASA 07.02.20 Hofseth BioCare ASA 14.02.20 Gentian Diagnostics AS 28.02.20 American Tanker, Inc. 07.02.20 Høland og Setskog Sparebank 14.02.20 Ice Group ASA 28.02.20 Avance Gas Holding Ltd 07.02.20 Nordic Semiconductor ASA 14.02.20 Induct AS 28.02.20 AWILCO LNG ASA 07.02.20 ASA 14.02.20 Melhus Sparebank 28.02.20 B2Holding ASA 07.02.20 Norwegian Property ASA 14.02.20 NORBIT ASA 28.02.20 BOA OCV AS 07.02.20 SpareBank 1 BV 14.02.20 Polaris Media ASA 28.02.20 Boa Offshore AS 07.02.20 SpareBank 1 Østlandet 14.02.20 poLight ASA 28.02.20 BOA SBL AS 07.02.20 XXL ASA 14.02.20 Posten Norge AS 28.02.20 Borr Drilling Limited 07.02.20 ASA 14.02.20 REC Silicon ASA 28.02.20 BW LPG Limited 11.02.20 2020 Bulkers Ltd. 14.02.20 Sbanken ASA 28.02.20 BW Offshore Limited 11.02.20 Aker BP ASA 14.02.20 Sogn Sparebank 28.02.20 Element ASA 11.02.20 BerGenBio ASA 14.02.20 Storm Real Estate ASA 28.02.20 FLEX LNG LTD 11.02.20 Bien Sparebank ASA 14.02.20 TietoEVRY 28.02.20 Frigaard Property Group AS 11.02.20 Crayon Group Holding ASA 14.02.20 Ultimovacs ASA 28.02.20 Frontline Ltd. 11.02.20 GC Rieber Shipping ASA 18.02.20 Gaming Innovation Group Inc 28.02.20 Funcom SE 11.02.20 Lillestrøm Sparebank 18.02.20 Gaming Innovation Group Ltd. 28.02.20 Limited 11.02.20 Nordic Mining ASA 18.02.20 Surnadal Sparebank 28.02.20 Havila Shipping ASA 11.02.20 Norway Royal Salmon ASA 18.02.20 TargetEveryOne AB 28.02.20 Hunter Group ASA 11.02.20 Odfjell SE 19.02.20 BRAbank ASA 28.02.20 Infront ASA 11.02.20 SpareBank 1 Ringerike Hadeland 19.02.20 NattoPharma ASA 28.02.20 Insr Insurance Group ASA 11.02.20 Totens Sparebank 19.02.20 Pioneer Property Group ASA 28.02.20 Jinhui Shipping and Transport. Ltd 11.02.20 Totens Sparebank Boligkreditt AS 19.02.20 Star Bulk Carriers Corp. 28.02.20 Medistim ASA 11.02.20 Veidekke ASA 19.02.20 Wilson ASA 28.02.20 MPC Container Ships ASA 11.02.20 Wallenius Wilhelmsen ASA 20.02.20 ContextVision AB 28.02.20 Northern Drilling Ltd. 12.02.20 ABG Sundal Collier Holding ASA 20.02.20 Thin Film Electronics ASA 28.02.20 Odal Sparebank 12.02.20 Awilco Drilling Plc 20.02.20 Systems ASA 28.02.20 RomReal Ltd. 12.02.20 Axactor SE 21.02.20 Belships ASA 28.02.20 Salmones Camanchaca S.A. 12.02.20 Carasent ASA 21.02.20 DOF ASA 28.02.20 The Scottish Salmon Company PLC 12.02.20 Hexagon Composites ASA 25.02.20 Austevoll Seafood ASA 28.02.20 Vistin Pharma ASA 12.02.20 Komplett Bank ASA 25.02.20 P/f 28.02.20 Zalaris ASA 12.02.20 Kongsberg Gruppen ASA 25.02.20 Bouvet ASA 02.03.20 Shelf Drilling, Ltd. 12.02.20 Kværner ASA 25.02.20 EAM Solar ASA 05.03.20 NEL ASA 12.02.20 ASA 25.02.20 Eidesvik Offshore ASA 06.03.20 Trøgstad Sparebank 12.02.20 OBOS BBL 25.02.20 Hafnia Limited 11.03.20 Targovax ASA 12.02.20 Ocean Yield ASA 25.02.20 Itera ASA 20.03.20 Questerre Energy Corporation 12.02.20 Self Storage Group ASA 25.02.20 Klaveness Combination Carriers ASA 31.03.20 SoftOx Solutions AS

13 January 2020 Pareto Securities Research 1(2) Q4 2019 Reporting Norway

SORTED ALPHABETICALLY Da te Compa ny Da te Compa ny Da te Compa ny 11.02.20 2020 Bulkers Ltd. 28.02.20 Golden Ocean Group Limited 14.02.20 poLight ASA 13.02.20 Aasen Sparebank 26.02.20 Goodtech ASA 14.02.20 Posten Norge AS 12.02.20 ABG Sundal Collier Holding ASA 13.02.20 Grieg Seafood ASA 06.02.20 Prosafe SE 28.02.20 Aega ASA 25.02.20 Hafnia Limited 06.02.20 Protector Forsikring ASA 14.02.20 AF Gruppen ASA 28.02.20 Havila Shipping ASA 13.02.20 Q- Free ASA 13.02.20 Akastor ASA 27.02.20 Havyard Group ASA 20.03.20 Questerre Energy Corporation 14.02.20 Aker ASA 05.02.20 Helgeland Sparebank 25.02.20 Reach Subsea ASA 11.02.20 Aker BP ASA 12.02.20 Hexagon Composites ASA 14.02.20 REC Silicon ASA 07.02.20 Aker Solutions ASA 07.02.20 Hofseth BioCare ASA 28.02.20 RomReal Ltd. 14.02.20 AKVA group ASA 28.02.20 Hunter Group ASA 13.02.20 S.D. Standard Drilling Plc 28.02.20 American Shipping Company ASA 27.02.20 Höegh LNG Holdings Ltd 13.02.20 Saga Tankers ASA 28.02.20 American Tanker, Inc. 07.02.20 Høland og Setskog Sparebank 26.02.20 SalMar ASA 27.02.20 AqualisBraemar ASA 14.02.20 Ice Group ASA 28.02.20 Salmones Camanchaca S.A. 27.02.20 Archer Limited 27.02.20 IDEX Biometrics ASA 13.02.20 Sandnes Sparebank 13.02.20 Arcus ASA 14.02.20 Induct AS 26.02.20 Santander Consumer Bank AS 14.02.20 Arendals Fossekompani ASA 28.02.20 Infront ASA 13.02.20 SATS ASA 06.02.20 Atea ASA 28.02.20 Insr Insurance Group ASA 14.02.20 Sbanken ASA 30.01.20 Aurskog Sparebank 27.02.20 Interoil Exploration and Prod. ASA 24.01.20 Scatec Solar ASA 25.02.20 Austevoll Seafood ASA 25.02.20 Itera ASA 13.02.20 Schibsted ASA 28.02.20 Avance Gas Holding Ltd 28.02.20 Jinhui Shipping and Transport. Ltd 27.02.20 Seadrill Limited 14.02.20 Avinor AS 13.02.20 Jæren Sparebank 12.02.20 Self Storage Group ASA 12.02.20 Awilco Drilling Plc 27.02.20 Kahoot! AS 12.02.20 Selvaag Bolig ASA 28.02.20 AWILCO LNG ASA 26.02.20 Kid ASA 02.03.20 Shelf Drilling, Ltd. 12.02.20 Axactor SE 13.02.20 Kitron ASA 27.02.20 Siem Offshore Inc. 26.02.20 Axxis Geo Solutions ASA 25.02.20 Klaveness Combination Carriers ASA 13.02.20 Skue Sparebank 28.02.20 B2Holding ASA 05.02.20 KLP Banken AS 31.03.20 SoftOx Solutions AS 25.02.20 Bakkafrost P/f 05.02.20 KLP Boligkreditt AS 14.02.20 Sogn Sparebank 14.02.20 Baltic Sea Properties AS 05.02.20 KLP Kommunekreditt AS 26.02.20 Solon Eiendom ASA 21.02.20 Belships ASA 12.02.20 Komplett Bank ASA 07.02.20 SpareBank 1 BV 11.02.20 BerGenBio ASA 27.02.20 Kongsberg Automotive ASA 13.02.20 SpareBank 1 Nord- Norge 11.02.20 Bien Sparebank ASA 12.02.20 Kongsberg Gruppen ASA 13.02.20 SpareBank 1 Nordvest 30.01.20 Biotec Pharmacon ASA 12.02.20 Kværner ASA 11.02.20 SpareBank 1 Ringerike Hadeland 28.01.20 BN Bank ASA 25.02.20 Lerøy Seafood Group ASA 05.02.20 SpareBank 1 SMN 28.02.20 BOA OCV AS 11.02.20 Lillestrøm Sparebank 05.02.20 SpareBank 1 SR- Bank ASA 28.02.20 Boa Offshore AS 28.02.20 Medistim ASA 06.02.20 SpareBank 1 Østfold Akershus 28.02.20 BOA SBL AS 14.02.20 Melhus Sparebank 07.02.20 SpareBank 1 Østlandet 28.01.20 Bolig- og Næringskreditt AS 12.02.20 Mowi ASA 30.01.20 Sparebanken Møre 27.02.20 Borgestad ASA 28.02.20 MPC Container Ships ASA 13.02.20 Sparebanken Sogn og Fjordane 28.02.20 Borr Drilling Limited 26.02.20 Multiconsult ASA 06.02.20 Sparebanken Sør 05.02.20 Borregaard ASA 30.01.20 Møre Boligkreditt AS 05.02.20 Sparebanken Sør Boligkreditt AS 25.02.20 Bouvet ASA 19.02.20 NattoPharma ASA 06.02.20 Sparebanken Telemark 19.02.20 BRAbank ASA 13.02.20 Navamedic ASA 30.01.20 Sparebanken Vest 28.02.20 BW LPG Limited 26.02.20 Nekkar ASA 13.02.20 Sparebanken Øst 28.02.20 BW Offshore Limited 05.03.20 NEL ASA 19.02.20 Star Bulk Carriers Corp. 27.02.20 Byggma ASA 25.02.20 NEXT Biometrics Group ASA 30.01.20 Stolt- Nielsen Limited 12.02.20 Carasent ASA 14.02.20 NORBIT ASA 12.02.20 Storebrand ASA 20.02.20 ContextVision AB 11.02.20 Nordic Mining ASA 14.02.20 Storm Real Estate ASA 11.02.20 Crayon Group Holding ASA 27.02.20 Nordic Nanovector ASA 12.02.20 StrongPoint ASA 30.01.20 Data Respons ASA 07.02.20 Nordic Semiconductor ASA 26.02.20 Subsea 7 S.A. 06.02.20 DNB ASA 07.02.20 Norsk Hydro ASA 27.02.20 Sunndal Sparebank 06.02.20 DNO ASA 06.02.20 Norske Skog ASA 18.02.20 Surnadal Sparebank 21.02.20 DOF ASA 27.02.20 North Energy ASA 18.02.20 TargetEveryOne AB 25.02.20 EAM Solar ASA 28.02.20 Northern Drilling Ltd. 11.03.20 Targovax ASA 25.02.20 Eidesvik Offshore ASA 11.02.20 Norway Royal Salmon ASA 13.02.20 Techstep ASA 14.02.20 Eidsiva Energi AS 13.02.20 Norwegian Air Shuttle ASA 29.01.20 Telenor ASA 05.02.20 Eika Boligkreditt AS 25.02.20 Norwegian Energy Company ASA 12.02.20 TGS- NOPEC Geophysical Company ASA 06.02.20 Eika Forsikring AS 07.02.20 Norwegian Property ASA 28.02.20 The Scottish Salmon Company PLC 06.02.20 Eika Gruppen AS 13.02.20 NRC Group ASA 20.02.20 Thin Film Electronics ASA 06.02.20 Electromagnetic Geoservices ASA 26.02.20 NTS ASA 14.02.20 TietoEVRY 28.02.20 Element ASA 12.02.20 OBOS BBL 20.02.20 Tomra Systems ASA 13.02.20 Elkem ASA 25.02.20 Observe Medical ASA 11.02.20 Totens Sparebank 14.02.20 Endúr ASA 12.02.20 Ocean Yield ASA 11.02.20 Totens Sparebank Boligkreditt AS 07.02.20 Entra ASA 28.02.20 Odal Sparebank 06.03.20 Trøgstad Sparebank 30.01.20 Europris ASA 27.02.20 Odfjell Drilling Ltd 13.02.20 Tysnes Sparebank 13.02.20 Fana Sparebank 11.02.20 Odfjell SE 14.02.20 Ultimovacs ASA 26.02.20 Fjord1 ASA 13.02.20 OKEA ASA 11.02.20 Veidekke ASA 13.02.20 Fjordkraft Holding ASA 13.02.20 Olav Thon Eiendomsselskap ASA 28.02.20 Vistin Pharma ASA 28.02.20 FLEX LNG LTD 06.02.20 Orkla ASA 29.01.20 Voss Veksel- og Landmandsbank ASA 28.02.20 Frigaard Property Group AS 27.02.20 Otello Corporation ASA 26.02.20 Vow ASA 28.02.20 Frontline Ltd. 26.02.20 Panoro Energy ASA 11.02.20 Wallenius Wilhelmsen ASA 28.02.20 Funcom SE 23.01.20 Pareto Bank ASA 12.02.20 Webstep ASA 18.02.20 Gaming Innovation Group Inc 26.02.20 PCI Biotech Holding ASA 13.02.20 Wilh. Wilhelmsen Holding ASA 18.02.20 Gaming Innovation Group Ltd. 30.01.20 PGS ASA 19.02.20 Wilson ASA 11.02.20 GC Rieber Shipping ASA 27.02.20 Photocure ASA 07.02.20 XXL ASA 14.02.20 Gentian Diagnostics AS 19.02.20 Pioneer Property Group ASA 07.02.20 Yara International ASA 22.01.20 Gjensidige Forsikring ASA 27.02.20 Polarcus Limited 28.02.20 Zalaris ASA 22.01.20 Gjensidige Pensjonsforsikring AS 14.02.20 Polaris Media ASA 27.02.20 Ziton A/S

13 January 2020 Pareto Securities Research 2(2)