Exclusion list

ROBECO INSTITUTIONAL ASSET MANAGEMENT

1 Sustainability Inside

Excluded companies: 61 Rimbunan Sawit Bhd 15 Bots Inc 62 Riverview Rubber Estates BHD 16 Bright Packaging Industry Bhd Controversial behavior 63 Salim Ivomas Pratama Tbk PT 17 Brilliant Circle Holdings International Ltd 1 G4S International Finance PLC 64 Sarawak Oil Palms Bhd 18 British American Tobacco Bangladesh Co Ltd 2 G4S PLC 65 Sarawak Plantation Bhd 19 British American Tobacco Chile Operaciones SA 3 Korea Electric Power Corp 66 Scope Industries Bhd 20 British American Tobacco Holdings The Netherlands BV 4 Oil & Natural Gas Corp Ltd1 67 Sin Heng Chan Malaya Bhd 21 British American Tobacco Kenya PLC 5 ONGC Nile Ganga BV 68 Sinar Mas Agro Resources & Technology Tbk PT 22 British American Tobacco Malaysia Bhd 6 ONGC Videsh Ltd 69 Socfin 23 British American Tobacco PLC 7 Vale Indonesia Tbk PT 70 Socfinasia SA 24 British American Tobacco Uganda Ltd 8 Vale SA2 71 Societe Camerounaise de Palmeraies 25 British American Tobacco Zambia PLC 72 Societe des Caoutchoucs de Grand-Bereby 26 British American Tobacco Zimbabwe Holdings Ltd Palm oil 73 SSMS Plantation Holdings Pte Ltd 27 Bulgartabac Holding AD 1 A Brown Co Inc 74 Sterling Plantations Ltd 28 Carreras Ltd/Jamaica 2 Agalawatte Plantations PLC 75 Subur Tiasa Holdings Bhd 29 Casey’s General Stores Inc 3 Anglo-Eastern Plantations PLC 76 Sungei Bagan Rubber Co Malaya Bhd 30 Cat Loi JSC 4 Astra Agro Lestari Tbk PT 77 Sunshine Holdings PLC 31 Ceylon Tobacco Co PLC 5 Astral Asia Bhd 78 Ta Ann Holdings Bhd 32 Champion Alliance International Holdings Ltd 6 Bakrie Sumatera Plantations Tbk PT 79 TBLA International Pte Ltd 33 Chengdu Hongqi Chain Co Ltd 7 Batu Kawan Bhd 80 TH Plantations Bhd 34 China Boton Group Co Ltd 8 Benso Oil Palm Plantation Ltd 81 TSH Resources Bhd 35 China Tobacco International HK Co Ltd 9 BLD Plantation Bhd 82 Tunas Baru Lampung Tbk PT 36 Cia de Distribucion Integral Logista Holdings SA 10 Bukit Darah PLC/The 83 United International Enterprises Ltd 37 Coka Duvanska Industrija AD Coka 11 CAM Resources BHD 84 United Malacca Bhd 38 Core-Mark Holding Co Inc 12 Carson Cumberbatch PLC 85 United Palm Oil Industry PCL 39 CTO PCL 13 Cepatwawasan Group BHD 86 Vichitbhan Palmoil Pcl 40 Dino Polska SA 14 Chin Teck Plantations BHD 87 Watawala Plantation PLC 41 Dufry AG 15 CI Resources Ltd 88 Yee Lee Corp Bhd 42 Dufry One BV 16 Dekel Agri-Vision PLC 43 Duvanska Industrija AD Bujanovac 17 Eagle High Plantations Tbk PT Controversial weapons 44 Eastern Co SAE 18 Elpitiya Plantations PLC 1 Aerojet Rocketdyne Holdings Inc 45 Eurocash SA 19 Eterindo Wahanatama Tbk PT 2 Anhui Great Wall Military Industry Co Ltd3 46 Globrands Ltd 20 FAR East Holdings BHD 3 Aselsan Elektronik Sanayi Ve Ticaret AS 47 Godfrey Phillips India Ltd 21 Feronia Inc/Canada 4 BAE Systems Finance Inc 48 Golden Tobacco Ltd 22 Fima Corp BHD 5 BAE Systems Holdings Inc 49 Gotse Delchev Tabac AD-Gotse Delchev 23 First Resources Ltd 6 BAE Systems PLC 50 Greenlane Holdings Inc 24 Fitters Diversified Bhd 7 Bharat Dynamics Ltd 51 Guangdong New Grand Long Packing Co Ltd 25 Global Palm Resources Holdings Ltd 8 China Spacesat Co Ltd 52 Gudang Garam Tbk PT 26 Godrej Agrovet Ltd 9 CSRA Inc 53 Haci Omer Sabanci Holding AS 27 Golden Land Bhd 10 Dassault Aviation SA 54 Hanjaya Mandala Sampoerna Tbk PT 28 Gopeng BHD 11 Gemalto Holding BV 55 Healthier Choices Management Corp 29 Gozco Plantations Tbk PT 12 General Dynamics Corp 56 Hoang Long Group 30 HAGL JSC 13 L&T Finance Holdings Ltd 57 Huabao International Holdings Ltd 31 Harn Len Corp Bhd 14 L&T Technology Services Ltd 58 Huaxi Holdings Co Ltd 32 IJM Corp Bhd 15 Larsen & Toubro Infotech Ltd 59 Imperial Brands Finance PLC 33 IJM Plantations Bhd 16 Larsen & Toubro Ltd 60 Imperial Brands PLC 34 Indofood Agri Resources Ltd 17 LIG Nex1 Co Ltd3 61 Indonesian Tobacco Tbk PT 35 Indofood Sukses Makmur Tbk PT 18 Mindtree Ltd 62 ITC Ltd 36 Innoprise Plantations BHD 19 Northrop Grumman Corp 63 Japan Tobacco Inc 37 IOI Investment L Bhd 20 Northrop Grumman Systems Corp 64 Jerusalem Cigarette Co Ltd 38 JA Wattie Tbk PT 21 Poongsan Corp3 65 Jia Yao Holdings Ltd 39 Jaya Agra Wattie Tbk PT 22 Poongsan Holdings Corp 66 Jordan Duty Free Shops Co 40 Jaya Tiasa Holdings BHD 23 S&T Dynamics Co Ltd 67 JT International Financial Services BV 41 Kencana Agri Ltd 24 S&T Holdings Co Ltd 68 Karelia Tobacco Co Inc SA 42 Kim Loong Resources Bhd 25 Tata Consultancy Services Ltd 69 Khyber Tobacco Co Ltd 43 Kluang Rubber Co Malaya BHD 26 Tata Investment Corp Ltd 70 Kimly Ltd 44 Kumpulan Fima BHD 27 Thales SA 71 KT&G Corp 45 Kwantas Corp BHD 28 Walchandnagar Industries Ltd 72 Lawson Inc 46 Mentiga Corp BHD 73 LT Group Inc 47 Mewah International Inc Tobacco 74 McColl’s Retail Group PLC 48 MHC Plantations Bhd 1 22nd Century Group Inc 75 Miquel y Costas & Miquel SA 49 MKH Bhd 2 Al-Eqbal Investment Co PLC 76 Mudanjiang Hengfeng Paper Co Ltd 50 Multi Agro Gemilang Plantation Tbk PT 3 Alimentation Couche-Tard Inc 77 Ngan Son JSC 51 Namunukula Plantations PLC 4 Altria Group Inc 78 Nikotiana BT Holding AD Sofia 52 Negri Sembilan Oil Palms BHD 5 AMCON Distributing Co 79 NTC Industries Ltd 53 NPC Resources BHD 6 AMVIG Holdings Ltd 80 Old Holdco Inc 54 Okomu Oil Palm PLC 7 Anhui Genuine New Materials Co Ltd 81 Oxygen SA 55 PALMCI SAC 8 Aroma Enterprises India Ltd 82 Pakistan Tobacco Co Ltd 56 Perusahaan Perkebunan London Sumatra Indonesia Tbk 9 Atlan Holdings Bhd 83 Pazardzhik BTM AD Pazardzhik PT 10 Badeco Adria JSC Sarajevo 84 Philip Morris CR AS 57 Pinehill Pacific Bhd 11 BAT Capital Corp 85 Philip Morris International Inc 58 PLS Plantations Bhd 12 BAT International Finance PLC 86 Philip Morris Operations AD Nis 59 Presco PLC 13 Bentoel Internasional Investama Tbk PT 87 Philip Morris Pakistan Ltd 60 Provident Agro Tbk PT 14 Bizim Toptan Satis Magazalari AS 88 Reinet Investments SCA

1. In line with item 3.G. of the Robeco Exclusion Policy an exception has been granted on product specific grounds to Robeco CGF Indian Equities to not exclude this company. 2. In accordance with item 3.G. of the Robeco Exclusion Policy an exception for this company has been granted on product specific grounds in relation to funds and/or mandates subject to the Robeco Exclusion policy that apply Enhanced Indexing strategies. Funds in scope at the moment of writing are Robeco QI Emerging Markets Enhanced Index Equities and Robeco QI Customized Emerging Markets Enhanced Index Equities. For the funds and mandates in scope of this exception, the strategy will target a maximum underweight position in the company.” 3. In line with art. 21 a ‘Besluit marktmisbruik’ of the Dutch act on Financial Supervision.

MAY 2021 2 89 Renheng Enterprise Holdings Ltd 39 China Huaneng Group Hong Kong Treasury 118 Indika Energy Capital IV Pte Ltd 90 Reynolds American Inc Management Holding Ltd 119 Indika Energy Tbk PT 91 Scandinavian Tobacco Group A/S 40 China Power International Development Ltd 120 Indo Energy Finance II BV 92 Seven & i Holdings Co Ltd 41 China Qinfa Group Ltd 121 Indo Tambangraya Megah Tbk PT 93 Shaanxi Jinye Science Technology And Education Co Ltd 42 China Resources Power Holdings Co Ltd 122 Inner Mongolia MengDian HuaNeng Thermal Power Group 43 China Shenhua Energy Co Ltd Corp Ltd 94 Shanghai Industrial Holdings Ltd 44 China Shenhua Overseas Capital Co Ltd 123 Inner Mongolia Pingzhuang Energy Co Ltd 95 Shenzhen Jinjia Group Co Ltd 45 Chongqing Energy Investment Group Co Ltd 124 Inner Mongolia Yitai Coal Co Ltd 96 Shenzhen Megmeet Electrical Co Ltd 46 Chugoku Electric Power Co Inc/The 125 Intra Energy Corp Ltd 97 Shiner International Inc 47 Cleco Corporate Holdings LLC 126 IPALCO Enterprises Inc 98 Sila Holding AD 48 Cloud Peak Energy Inc 127 Jiangsu Guoxin Corp Ltd 99 Sinnar Bidi Udyog Ltd 49 CLP Holdings Ltd 128 Jilin Electric Power Co Ltd 100 Slantse Stara Zagora- BT AD 50 CLP Power HK Finance Ltd 129 Jinneng Holding Shanxi Coal Industry Co Ltd 101 Sligro Food Group NV 51 CLP Power Hong Kong Financing Ltd 130 Jinneng Holding Shanxi Electric Power Co Ltd 102 Smoore International Holdings Ltd 52 Coal India Ltd 131 Jizhong Energy Resources Co Ltd 103 Societe Ivoirienne des Tabacs SA 53 Connacher Oil and Gas Ltd 132 Jointo Energy Investment Co Ltd Hebei 104 Sok Marketler Ticaret AS 54 CONSOL Coal Resources LP 133 JSW Energy Ltd 105 Standard Diversified Inc 55 CONSOL Energy Inc 134 Kangaroo Resources Ltd 106 Swedish Match AB 56 Datang International Power Generation Co Ltd 135 Kentucky Utilities Co 107 Tanzania Cigarette Co Ltd 57 Deep Well Oil & Gas Inc 136 Kinetic Mines and Energy Ltd 108 Ten Pao Group Holdings Ltd 58 Delta Dunia Makmur Tbk PT 137 Korea East-West Power Co Ltd 109 Tian Chang Group Holdings Ltd 59 Dian Swastatika Sentosa Tbk PT 138 Korea Electric Power Corp 110 Tien Wah Press Holdings Bhd 60 DMCI Holdings Inc 139 Korea Midland Power Co Ltd 111 TSL Ltd/Zimbabwe 61 Dominion Energy South Carolina Inc 140 Korea South-East Power Co Ltd 112 Turning Point Brands Inc 62 DTE Electric Co 141 Korea Southern Power Co Ltd 113 Tutunski Kombinat AD 63 DTEK BV 142 Korea Western Power Co Ltd 114 Union Investment Corp PLC 64 DTEK Energy BV 143 KSK Energy Ventures Ltd 115 Union Tobacco & Cigarette Industries Co 65 DTEK Finance PLC 144 Kuzbasskaya Toplivnaya Kompaniya PAO 116 Universal Corp/VA 66 Duke Energy Indiana LLC 145 KyungDong Invest Co Ltd 117 Valora Holding AG 67 Electric Power Development Co Ltd 146 Lanco Infratech Ltd 118 Vapor Group Inc 68 Elm Road Generating Station Supercritical LLC 147 Lanna Resources PCL 119 VaporBrands International Inc 69 Empresa Electrica Angamos SA 148 LG&E and KU Energy LLC 120 Vector Group Ltd 70 Empresa Electrica Cochrane SpA 149 LLPL Capital Pte Ltd 121 VPR Brands LP 71 Empresa Electrica Guacolda SA 150 Lubelski Wegiel Bogdanka SA 122 VST Industries Ltd 72 Enea SA 151 Manila Electric Co 123 Wee-Cig International Corp 73 Engie Energia Chile SA 152 Maxim Power Corp 124 West Indian Tobacco Co Ltd/The 74 EP Energy AS 153 MEG Energy Corp 125 Wismilak Inti Makmur Tbk PT 75 Eskom Holdings SOC Ltd 154 Minejesa Capital BV 126 Yuri Gagarin PLC 76 Eterna Capital Pte Ltd 155 Mitrabara Adiperdana Tbk PT 77 Evergy Inc 156 Mongolia Energy Corp Ltd Fossil fuels 78 Evergy Kansas Central Inc 157 Murray Energy Corp 1 ABM Investama Tbk PT 79 Evergy Kansas South Inc 158 NACCO Industries Inc 2 Aboitiz Equity Ventures Inc 80 Evergy Metro Inc 159 Nan Nan Resources Enterprise Ltd 3 Aboitiz Power Corp 81 Exploitasi Energi Indonesia Tbk PT 160 Nava Bharat Ventures Ltd 4 Adani Electricity Mumbai Ltd 82 Exxaro Resources Ltd 161 New Hope Corp Ltd 5 Adani Power Ltd 83 Foresight Energy LP 162 NLC India Ltd 6 Adaro Energy Tbk PT 84 Fujian Funeng Co Ltd 163 Nova Scotia Power Inc 7 Adaro Indonesia PT 85 GCM Resources PLC 164 NTPC Ltd 8 AES Gener SA 86 GD Power Development Co Ltd 165 OPG Power Ventures PLC 9 AGL Energy Ltd 87 Geo Coal International Pte Ltd 166 Origin Energy Ltd 10 Agritrade Resources Ltd 88 Geo Energy Resources Ltd 167 Otter Tail Corp 11 Alfa Energi Investama Tbk PT 89 Golden Eagle Energy Tbk PT 168 PacifiCorp 12 Alliance Holdings GP LP 90 Golden Energy & Resources Ltd 169 Paiton Energy PT 13 Alliance Resource Operating Partners LP / Alliance 91 Great Plains Energy Inc 170 Pardee Resources Co Resource Finance Corp 92 Guangdong Baolihua New Energy Stock Co Ltd 171 Peabody Energy Corp 14 Alliance Resource Partners LP 93 Guangdong Electric Power Development Co Ltd 172 Pengrowth Energy Corp 15 Ameren Corp 94 Guizhou Panjiang Refined Coal Co Ltd 173 Perusahaan Perseroan Persero PT Perusahaan Listrik 16 An Hui Wenergy Co Ltd 95 Gujarat Industries Power Co Ltd Negara 17 Anhui Hengyuan Coal Industry and Electricity Power Co 96 Gujarat Mineral Development Corp Ltd 174 PGE Gornictwo i Energetyka Konwencjonalna SA Ltd 97 Gulf Power Co 175 PGE Polska Grupa Energetyczna SA 18 Appalachian Power Co 98 Hallador Energy Co 176 PGE Sweden AB 19 Arch Resources Inc 99 Harum Energy Tbk PT 177 Pha Lai Thermal Power JSC 20 Athabasca Oil Corp 100 Harvest Operations Corp 178 Pingdingshan Tianan Coal Mining Co Ltd 21 Atlas Resources Tbk PT 101 Henan Dayou Energy Co Ltd 179 PNM Resources Inc 22 Banpu PCL 102 HK Electric Investments & HK Electric Investments Ltd 180 Public Service Co of New Mexico 23 Banpu Power PCL 103 Hokkaido Electric Power Co Inc 181 Reliance Power Ltd 24 Baramulti Suksessarana Tbk PT 104 Hokuriku Electric Power Co 182 Resource Alam Indonesia Tbk PT 25 Bathurst Resources Ltd 105 Huadian Energy Co Ltd 183 Resources Prima Group Ltd 26 Bayan Resources Tbk PT 106 Huadian Fuxin Energy Corp Ltd 184 Rhino Resource Partners LP 27 Beijing Haohua Energy Resource Co Ltd 107 Huadian Power International Corp Ltd 185 Sadovaya Group SA 28 Bisichi PLC 108 Huaneng Power International Inc 186 SDIC Power Holdings Co Ltd 29 Bukit Makmur Mandiri Utama PT 109 Hubei Energy Group Co Ltd 187 Semirara Mining & Power Corp 30 Bumi Resources Tbk PT 110 Huolinhe Opencut Coal Industry Corp Ltd of Inner 188 Shaanxi Coal Industry Co Ltd 31 Canadian Natural Resources Ltd Mongolia 189 Shan Xi Hua Yang Group New Energy Co Ltd 32 Canadian Oil Sands Ltd 111 Ichor Coal NV 190 Shanghai Datun Energy Resources Co Ltd 33 Castle Peak Power Finance Co Ltd 112 IE2 Holdco SAU 191 Shanghai Electric Power Co Ltd 34 Cenovus Energy Inc 113 Ikwezi Mining Ltd 192 Shanghai Electric Power Finance Ltd 35 CESC Ltd 114 Imperial Oil Ltd 193 Shanxi Lanhua Sci-Tech Venture Co Ltd 36 China Coal Energy Co Ltd 115 Indiana Michigan Power Co 194 Shanxi Lu’an Environmental Energy Development Co Ltd 37 China Coal Xinji Energy Co Ltd 116 Indianapolis Power & Light Co 195 Shenzhen Energy Group Co Ltd 38 China Huadian Corp Ltd 117 Indika Energy Capital III Pte Ltd 196 SMC Global Power Holdings Corp

MAY 2021 3 197 Southstone Minerals Ltd 198 Southwestern Electric Power Co 199 SPIC 2016 US dollar Bond Co Ltd 200 Spic 2018 Usd Senior Perpetual Bond Co Ltd 201 SPIC Dongfang New Energy Corp 202 Stanmore Coal Ltd 203 Strata Power Corp 204 Suncor Energy Inc 205 Suncor Energy Ventures Corp 206 Suncor Energy Ventures Holding Corp 207 Sundiro Holding Co Ltd 208 Sunshine Oilsands Ltd 209 TAQA Morocco SA 210 Tata Power Co Ltd/The 211 TBS Energi Utama Tbk PT 212 Terracom Ltd 213 Top Energy Co Ltd Shanxi 214 Trada Alam Minera Tbk PT 215 TransAlta Corp 216 Tucson Electric Power Co 217 Union Electric Co 218 United Tractors Tbk PT 219 Universal Coal PLC 220 Viesgo Infraestructuras Energeticas SL 221 Vinacomin - Ha Tu Coal JSC 222 Vinacomin - Mong Duong Coal JSC 223 Vinacomin - Nui Beo Coal JSC 224 Vinacomin Cao Son Coal JSC 225 Vinacomin Coc Sau Coal JSC 226 Vinacomin Deo Nai Coal JSC 227 Vinacomin Vang Danh Coal JSC 228 Washington H Soul Pattinson & Co Ltd 229 Weiqiao Textile Co 230 Wescoal Holdings Ltd 231 Westmoreland Coal Co 232 Westmoreland Resource Partners LP 233 White Energy Co Ltd 234 Whitehaven Coal Ltd 235 Wisconsin Electric Power Co 236 Wisconsin Power and Light Co 237 Wisconsin Public Service Corp 238 Yancoal Australia Ltd 239 Yancoal International Resources Development Co Ltd 240 Yanzhou Coal Mining Co Ltd 241 Zespol Elektrowni Patnow Adamow Konin SA 242 Zhejiang Southeast Electric Power Co 243 Zhejiang Zheneng Electric Power Co Ltd 244 Zhengzhou Coal Industry & Electric Power Co Ltd Controversial countries 1 Afghanistan 2 Burundi 3 Central African Republic 4 Congo, Democratic Republic 5 Iran 6 Iraq 7 Libya 8 Mali 9 Myanmar 10 North Korea 11 Somalia 12 South Sudan 13 Sudan 14 Syria 15 Yemen 16 Zimbabwe

MAY 2021 4 Sustainability Focused

Excluded companies: 61 Socfinasia SA 29 L&T Technology Services Ltd 62 Harn Len Corp Bhd 30 Larsen & Toubro Infotech Ltd Controversial behavior 63 Kwantas Corp BHD 31 Larsen & Toubro Ltd 1 G4S International Finance PLC 64 BLD Plantation Bhd 32 Leonardo SpA 2 G4S PLC 65 Gopeng BHD 33 Leonardo US Holdings Inc 3 Korea Electric Power Corp 66 Dekel Agri-Vision PLC 34 LIG Nex1 Co Ltd3 4 Oil & Natural Gas Corp Ltd1 67 Chin Teck Plantations BHD 35 Lockheed Martin Corp 5 ONGC Nile Ganga BV 68 Sungei Bagan Rubber Co Malaya Bhd 36 Mindtree Ltd 6 ONGC Videsh Ltd 69 A Brown Co Inc 37 Northrop Grumman Corp 7 Vale Indonesia Tbk PT 70 Sinar Mas Agro Resources & Technology Tbk PT 38 Northrop Grumman Systems Corp 8 Vale SA2 71 United Palm Oil Industry PCL 39 Poongsan Corp 72 Okomu Oil Palm PLC 40 Poongsan Holdings Corp3 Palm oil 73 Subur Tiasa Holdings Bhd 41 Raytheon Co 1 Anglo-Eastern Plantations PLC 74 Sterling Plantations Ltd 42 Raytheon Technologies Corp 2 Salim Ivomas Pratama Tbk PT 75 Fima Corp BHD 43 S&T Dynamics Co Ltd 3 Sipef NV 76 Kluang Rubber Co Malaya BHD 44 S&T Holdings Co Ltd 4 Sampoerna Agro Tbk PT 77 Mentiga Corp BHD 45 Safran SA 5 United International Enterprises Ltd 78 Negri Sembilan Oil Palms BHD 46 Serco Group PLC 6 Genting Plantations Bhd 79 Riverview Rubber Estates BHD 47 Tata Consultancy Services Ltd 7 Batu Kawan Bhd 80 Sin Heng Chan Malaya Bhd 48 Tata Investment Corp Ltd 8 IJM Corp Bhd 81 Sarawak Plantation Bhd 49 Textron Inc 9 Kuala Lumpur Kepong Bhd 82 Cepatwawasan Group BHD 50 Thales SA 10 IJM Plantations Bhd 83 PLS Plantations Bhd 51 Walchandnagar Industries Ltd 11 Bakrie Sumatera Plantations Tbk PT 84 Global Palm Resources Holdings Ltd 12 First Resources Ltd 85 Innoprise Plantations BHD Tobacco 13 Kencana Agri Ltd 86 Golden Land Bhd 1 22nd Century Group Inc 14 Indofood Sukses Makmur Tbk PT 87 Kumpulan Fima BHD 2 Al-Eqbal Investment Co PLC 15 HAGL JSC 88 JA Wattie Tbk PT 3 Alimentation Couche-Tard Inc 16 Eagle High Plantations Tbk PT 89 Astral Asia Bhd 4 Altria Group Inc 17 Bukit Darah PLC/The 90 Multi Agro Gemilang Plantation Tbk PT 5 AMCON Distributing Co 18 Perusahaan Perkebunan London Sumatra Indonesia Tbk 91 Vichitbhan Palmoil Pcl 6 AMVIG Holdings Ltd PT 92 Elpitiya Plantations PLC 7 Anhui Genuine New Materials Co Ltd 19 Mewah International Inc 93 NPC Resources BHD 8 Aroma Enterprises India Ltd 20 Astra Agro Lestari Tbk PT 94 Sunshine Holdings PLC 9 Atlan Holdings Bhd 21 Ta Ann Holdings Bhd 95 Presco PLC 10 Badeco Adria JSC Sarajevo 22 Indofood Agri Resources Ltd 96 Namunukula Plantations PLC 11 BAT Capital Corp 23 Golden Agri-Resources Ltd 97 Scope Industries Bhd 12 BAT International Finance PLC 24 Wilmar International Ltd 98 Jaya Agra Wattie Tbk PT 13 Bentoel Internasional Investama Tbk PT 25 FGV Holdings Bhd 99 Fitters Diversified Bhd 14 Bizim Toptan Satis Magazalari AS 26 IOI Investment L Bhd 100 Agalawatte Plantations PLC 15 Bots Inc 27 Sarawak Oil Palms Bhd 101 Watawala Plantation PLC 16 Bright Packaging Industry Bhd 28 TSH Resources Bhd 102 CAM Resources BHD 17 Brilliant Circle Holdings International Ltd 29 Bumitama Agri Ltd 103 Yee Lee Corp Bhd 18 British American Tobacco Bangladesh Co Ltd 30 Sawit Sumbermas Sarana Tbk PT 104 Carson Cumberbatch PLC 19 British American Tobacco Chile Operaciones SA 31 Jaya Tiasa Holdings BHD 20 British American Tobacco Holdings The Netherlands BV 32 MKH Bhd Controversial weapons 21 British American Tobacco Kenya PLC 33 Boustead Plantations Bhd 1 Aerojet Rocketdyne Holdings Inc 22 British American Tobacco Malaysia Bhd 34 Kim Loong Resources Bhd 2 Airbus Finance BV 23 British American Tobacco PLC 35 TH Plantations Bhd 3 Airbus SE 24 British American Tobacco Uganda Ltd 36 Rimbunan Sawit Bhd 4 Anhui Great Wall Military Industry Co Ltd3 25 British American Tobacco Zambia PLC 37 Kretam Holdings BHD 5 Aselsan Elektronik Sanayi Ve Ticaret AS 26 British American Tobacco Zimbabwe Holdings Ltd 38 Dharma Satya Nusantara Tbk PT 6 Babcock International Group PLC 27 Bulgartabac Holding AD 39 Societe des Caoutchoucs de Grand-Bereby 7 BAE Systems Finance Inc 28 Carreras Ltd/Jamaica 40 MP Evans Group PLC 8 BAE Systems Holdings Inc 29 Casey’s General Stores Inc 41 Tunas Baru Lampung Tbk PT 9 BAE Systems PLC 30 Cat Loi JSC 42 Godrej Agrovet Ltd 10 Bharat Dynamics Ltd 31 Ceylon Tobacco Co PLC 43 SSMS Plantation Holdings Pte Ltd 11 Boeing Co/The 32 Champion Alliance International Holdings Ltd 44 United Malacca Bhd 12 Boeing Distribution Services Inc 33 Chengdu Hongqi Chain Co Ltd 45 Benso Oil Palm Plantation Ltd 13 BWX Technologies Inc 34 China Boton Group Co Ltd 46 TBLA International Pte Ltd 14 China National Nuclear Power Co Ltd 35 China Tobacco International HK Co Ltd 47 Societe Camerounaise de Palmeraies 15 China Shipbuilding Industry Co Ltd 36 Cia de Distribucion Integral Logista Holdings SA 48 Socfin 16 China Spacesat Co Ltd 37 Coka Duvanska Industrija AD Coka 49 Socfinaf 17 CNIM Groupe SA 38 Core-Mark Holding Co Inc 50 CI Resources Ltd 18 CSRA Inc 39 CTO PCL 51 Eterindo Wahanatama Tbk PT 19 Dassault Aviation SA 40 Dino Polska SA 52 Feronia Inc/Canada 20 Ducommun Inc 41 Dufry AG 53 PALMCI SAC 21 Fluor Corp 42 Dufry One BV 54 REA Holdings PLC 22 Gemalto Holding BV 43 Duvanska Industrija AD Bujanovac 55 Provident Agro Tbk PT 23 General Dynamics Corp 44 Eastern Co SAE 56 Gozco Plantations Tbk PT 24 Honeywell International Inc 45 Eurocash SA 57 MHC Plantations Bhd 25 Huntington Ingalls Industries Inc 46 Globrands Ltd 58 Austindo Nusantara Jaya Tbk PT 26 Jacobs Engineering Group Inc 47 Godfrey Phillips India Ltd 59 Pinehill Pacific Bhd 27 KeyW Holding Corp/The 48 Golden Tobacco Ltd 60 FAR East Holdings BHD 28 L&T Finance Holdings Ltd 49 Gotse Delchev Tabac AD-Gotse Delchev

1. In line with item 3.G. of the Robeco Exclusion Policy an exception has been granted on product specific grounds to Robeco CGF Indian Equities to not exclude this company. 2. In accordance with item 3.G. of the Robeco Exclusion Policy an exception for this company has been granted on product specific grounds in relation to funds and/or mandates subject to the Robeco Exclusion policy that apply Enhanced Indexing strategies. Funds in scope at the moment of writing are Robeco QI Emerging Markets Enhanced Index Equities and Robeco QI Customized Emerging Markets Enhanced Index Equities. For the funds and mandates in scope of this exception, the strategy will target a maximum underweight position in the company.” 3. In line with art. 21 a ‘Besluit marktmisbruik’ of the Dutch act on Financial Supervision.

MAY 2021 5 50 Greenlane Holdings Inc Fossil fuels 78 CLP Holdings Ltd 51 Guangdong New Grand Long Packing Co Ltd 1 ABM Investama Tbk PT 79 CLP Power HK Finance Ltd 52 Gudang Garam Tbk PT 2 Aboitiz Equity Ventures Inc 80 CLP Power Hong Kong Financing Ltd 53 Haci Omer Sabanci Holding AS 3 Aboitiz Power Corp 81 Coal India Ltd 54 Hanjaya Mandala Sampoerna Tbk PT 4 Abu Dhabi National Energy Co PJSC 82 Colbun SA 55 Healthier Choices Management Corp 5 Adani Electricity Mumbai Ltd 83 Connacher Oil and Gas Ltd 56 Hoang Long Group 6 Adani Power Ltd 84 CONSOL Coal Resources LP 57 Huabao International Holdings Ltd 7 Adani Transmission Ltd 85 CONSOL Energy Inc 58 Huaxi Holdings Co Ltd 8 Adaro Energy Tbk PT 86 Consumers Energy Co 59 Imperial Brands Finance PLC 9 Adaro Indonesia PT 87 ContourGlobal PLC 60 Imperial Brands PLC 10 AES Andres Dominicana Ltd 88 ContourGlobal Power Holdings SA 61 Indonesian Tobacco Tbk PT 11 AES Corp/The 89 Contura Energy Inc 62 ITC Ltd 12 AES El Salvador Trust II 90 Coronado Global Resources Inc 63 Japan Tobacco Inc 13 AES Gener SA 91 Datang International Power Generation Co Ltd 64 Jerusalem Cigarette Co Ltd 14 African Rainbow Minerals Ltd 92 Dayton Power & Light Co/The 65 Jia Yao Holdings Ltd 15 AGL Energy Ltd 93 Deep Well Oil & Gas Inc 66 Jordan Duty Free Shops Co 16 Agritrade Resources Ltd 94 Delta Dunia Makmur Tbk PT 67 JT International Financial Services BV 17 Alabama Power Co 95 Dian Swastatika Sentosa Tbk PT 68 Karelia Tobacco Co Inc SA 18 Alarko Holding AS 96 DMCI Holdings Inc 69 Khyber Tobacco Co Ltd 19 Albioma SA 97 Dominion Energy South Carolina Inc 70 Kimly Ltd 20 Alfa Energi Investama Tbk PT 98 DPL Inc 71 KT&G Corp 21 ALLETE Inc 99 DTE Electric Co 72 Lawson Inc 22 Alliance Holdings GP LP 100 DTE Energy Co 73 LT Group Inc 23 Alliance Resource Operating Partners LP / Alliance 101 DTEK BV 74 McColl’s Retail Group PLC Resource Finance Corp 102 DTEK Energy BV 75 Miquel y Costas & Miquel SA 24 Alliance Resource Partners LP 103 DTEK Finance PLC 76 Mudanjiang Hengfeng Paper Co Ltd 25 Alliant Energy Corp 104 Duke Energy Carolinas LLC 77 Ngan Son JSC 26 Alliant Energy Finance LLC 105 Duke Energy Corp 78 Nikotiana BT Holding AD Sofia 27 AltaLink Investments LP 106 Duke Energy Florida LLC 79 NTC Industries Ltd 28 AltaLink LP 107 Duke Energy Florida Project Finance LLC 80 Old Holdco Inc 29 Ameren Corp 108 Duke Energy Indiana LLC 81 Oxygen SA 30 American Electric Power Co Inc 109 Duke Energy Kentucky Inc 82 Pakistan Tobacco Co Ltd 31 An Hui Wenergy Co Ltd 110 Duke Energy Progress LLC 83 Pazardzhik BTM AD Pazardzhik 32 Anglo Pacific Group PLC 111 Dynegy Inc 84 Philip Morris CR AS 33 Anhui Hengyuan Coal Industry and Electricity Power Co 112 Electric Power Development Co Ltd 85 Philip Morris International Inc Ltd 113 Electricity Generating PCL 86 Philip Morris Operations AD Nis 34 Appalachian Power Co 114 Elm Road Generating Station Supercritical LLC 87 Philip Morris Pakistan Ltd 35 Arch Resources Inc 115 Emera Inc 88 Reinet Investments SCA 36 Arizona Mining Inc 116 Emera US Finance LP 89 Renheng Enterprise Holdings Ltd 37 Arizona Public Service Co 117 Empresa Electrica Angamos SA 90 Reynolds American Inc 38 Astra International Tbk PT 118 Empresa Electrica Cochrane SpA 91 Scandinavian Tobacco Group A/S 39 Athabasca Oil Corp 119 Empresa Electrica Guacolda SA 92 Seven & i Holdings Co Ltd 40 Atlas Resources Tbk PT 120 EnBW Energie Baden-Wuerttemberg AG 93 Shaanxi Jinye Science Technology And Education Co Ltd 41 Banpu PCL 121 EnBW International Finance BV Group 42 Banpu Power PCL 122 Enea SA 94 Shanghai Industrial Holdings Ltd 43 Baramulti Suksessarana Tbk PT 123 ENEL RUSSIA PJSC 95 Shenzhen Jinjia Group Co Ltd 44 Bathurst Resources Ltd 124 Energeticky a Prumyslovy Holding AS 96 Shenzhen Megmeet Electrical Co Ltd 45 Bayan Resources Tbk PT 125 Eneva SA 97 Shiner International Inc 46 Baytex Energy Corp 126 Engie Energia Chile SA 98 Sila Holding AD 47 Beijing Haohua Energy Resource Co Ltd 127 Entergy Arkansas LLC 99 Sinnar Bidi Udyog Ltd 48 Berkshire Hathaway Energy Co 128 EP Energy AS 100 Slantse Stara Zagora- BT AD 49 Bisichi PLC 129 EP Infrastructure AS 101 Sligro Food Group NV 50 Black Hills Corp 130 Eskom Holdings SOC Ltd 102 Smoore International Holdings Ltd 51 Bruce Mansfield Unit 1 2007 Pass Through Trust 131 Eterna Capital Pte Ltd 103 Societe Ivoirienne des Tabacs SA 52 Bukit Makmur Mandiri Utama PT 132 Evergy Inc 104 Sok Marketler Ticaret AS 53 Bumi Resources Tbk PT 133 Evergy Kansas Central Inc 105 Standard Diversified Inc 54 Canadian Natural Resources Ltd 134 Evergy Kansas South Inc 106 Swedish Match AB 55 Canadian Oil Sands Ltd 135 Evergy Metro Inc 107 Tanzania Cigarette Co Ltd 56 Capital Power Corp 136 Exploitasi Energi Indonesia Tbk PT 108 Ten Pao Group Holdings Ltd 57 Castle Peak Power Finance Co Ltd 137 Exxaro Resources Ltd 109 Tian Chang Group Holdings Ltd 58 Cenovus Energy Inc 138 Feishang Anthracite Resources Ltd 110 Tien Wah Press Holdings Bhd 59 CESC Ltd 139 Filinvest Development Corp 111 TSL Ltd/Zimbabwe 60 CEZ AS 140 Foresight Energy LP 112 Turning Point Brands Inc 61 CGN New Energy Holdings Co Ltd 141 Fujian Funeng Co Ltd 113 Tutunski Kombinat AD 62 China Coal Energy Co Ltd 142 Gazprom Neft OAO Via GPN Capital SA 114 Union Investment Corp PLC 63 China Coal Xinji Energy Co Ltd 143 Gazprom Neft PJSC 115 Union Tobacco & Cigarette Industries Co 64 China Huadian Corp Ltd 144 GCM Resources PLC 116 Universal Corp/VA 65 China Huaneng Group Hong Kong Treasury 145 GD Power Development Co Ltd 117 Valora Holding AG Management Holding Ltd 146 Genesis Energy Ltd 118 Vapor Group Inc 66 China Longyuan Power Group Corp Ltd 147 Geo Coal International Pte Ltd 119 VaporBrands International Inc 67 China Power International Development Ltd 148 Geo Energy Resources Ltd 120 Vector Group Ltd 68 China Qinfa Group Ltd 149 Georgia Power Co 121 VPR Brands LP 69 China Resources Power Holdings Co Ltd 150 Glencore PLC 122 VST Industries Ltd 70 China Shenhua Energy Co Ltd 151 Glow Energy PCL 123 Wee-Cig International Corp 71 China Shenhua Overseas Capital Co Ltd 152 Golden Eagle Energy Tbk PT 124 West Indian Tobacco Co Ltd/The 72 Chongqing Energy Investment Group Co Ltd 153 Golden Energy & Resources Ltd 125 Wismilak Inti Makmur Tbk PT 73 Chugoku Electric Power Co Inc/The 154 Great Plains Energy Inc 126 Yuri Gagarin PLC 74 Cikarang Listrindo Tbk PT 155 Guangdong Baolihua New Energy Stock Co Ltd 75 Cleco Corporate Holdings LLC 156 Guangdong Electric Power Development Co Ltd 76 Cleco Power LLC 157 Guanghui Energy Co Ltd 77 Cloud Peak Energy Inc 158 Guangzhou Development Group Inc

MAY 2021 6 159 Guizhou Panjiang Refined Coal Co Ltd 238 MEG Energy Corp 318 Shenzhen Energy Group Co Ltd 160 Gujarat Industries Power Co Ltd 239 MGE Energy Inc 319 Shikoku Electric Power Co Inc 161 Gujarat Mineral Development Corp Ltd 240 MidAmerican Energy Co 320 Sierra Pacific Power Co 162 Gulf Power Co 241 Minejesa Capital BV 321 SMC Global Power Holdings Corp 163 Hallador Energy Co 242 Mitrabara Adiperdana Tbk PT 322 South32 Ltd 164 Harum Energy Tbk PT 243 Mong Duong Finance Holdings BV 323 Southern Co Gas Capital Corp 165 Harvest Operations Corp 244 Mongolia Energy Corp Ltd 324 Southern Co/The 166 Henan Dayou Energy Co Ltd 245 Murray Energy Corp 325 Southern Power Co 167 Henan Shenhuo Coal & Power Co Ltd 246 NACCO Industries Inc 326 Southstone Minerals Ltd 168 Hidili Industry International Development Ltd 247 Nan Nan Resources Enterprise Ltd 327 Southwestern Electric Power Co 169 HK Electric Investments & HK Electric Investments Ltd 248 Natural Resource Partners LP 328 Southwestern Public Service Co 170 Hokkaido Electric Power Co Inc 249 Nava Bharat Ventures Ltd 329 SPIC 2016 US dollar Bond Co Ltd 171 Hokuriku Electric Power Co 250 New Hope Corp Ltd 330 Spic 2018 Usd Senior Perpetual Bond Co Ltd 172 Huadian Energy Co Ltd 251 NiSource Inc 331 SPIC Dongfang New Energy Corp 173 Huadian Fuxin Energy Corp Ltd 252 NLC India Ltd 332 Stanmore Coal Ltd 174 Huadian Power International Corp Ltd 253 Northern Electric Finance PLC 333 Strata Power Corp 175 Huaneng Power International Inc 254 Northern Electric PLC 334 Suncor Energy Inc 176 Hubei Energy Group Co Ltd 255 Northern Natural Gas Co 335 Suncor Energy Ventures Corp 177 Huolinhe Opencut Coal Industry Corp Ltd of Inner 256 Northern Powergrid Holdings Co 336 Suncor Energy Ventures Holding Corp Mongolia 257 Northern Powergrid Yorkshire PLC 337 Sundiro Holding Co Ltd 178 Husky Energy Inc 258 Northern States Power Co/MN 338 Sunshine Oilsands Ltd 179 Ichor Coal NV 259 NorthWestern Corp 339 Taiwan Cement Corp 180 IDACORP Inc 260 Nova Scotia Power Inc 340 Talen Energy Corp 181 Idaho Power Co 261 NRG Energy Inc 341 TAQA Morocco SA 182 IE2 Holdco SAU 262 NTPC Ltd 342 Tata Power Co Ltd/The 183 Ikwezi Mining Ltd 263 NV Energy Inc 343 Tauron Polska Energia SA 184 Imperial Oil Ltd 264 Obsidian Energy Ltd 344 TBS Energi Utama Tbk PT 185 Indiana Michigan Power Co 265 OGE Energy Corp 345 TCC International Holdings Ltd 186 Indianapolis Power & Light Co 266 OGK-2 PJSC 346 TECO Energy Inc 187 Indika Energy Capital III Pte Ltd 267 Okinawa Electric Power Co Inc/The 347 Tenaga Nasional Bhd 188 Indika Energy Capital IV Pte Ltd 268 Oklahoma Gas and Electric Co 348 Terra Mauricia Ltd 189 Indika Energy Tbk PT 269 OPG Power Ventures PLC 349 Terracom Ltd 190 Indo Energy Finance II BV 270 Origin Energy Ltd 350 Texas Competitive Electric Holdings Co LLC / TCEH 191 Indo Tambangraya Megah Tbk PT 271 Otter Tail Corp Finance Inc 192 Indonesia Asahan Aluminium Persero PT 272 PacifiCorp 351 TNB Global Ventures Capital Bhd 193 Inner Mongolia MengDian HuaNeng Thermal Power 273 Paiton Energy PT 352 Tohoku Electric Power Co Inc Corp Ltd 274 Pardee Resources Co 353 Top Energy Co Ltd Shanxi 194 Inner Mongolia Pingzhuang Energy Co Ltd 275 Peabody Energy Corp 354 TPI Polene Power PCL 195 Inner Mongolia Yitai Coal Co Ltd 276 Pengrowth Energy Corp 355 Trada Alam Minera Tbk PT 196 Interstate Power and Light Co 277 Perusahaan Perseroan Persero PT Perusahaan Listrik 356 TransAlta Corp 197 Intra Energy Corp Ltd Negara 357 Transelectrica SA 198 IPALCO Enterprises Inc 278 PGE Gornictwo i Energetyka Konwencjonalna SA 358 Tri-State Generation and Transmission Association Inc 199 Irkutskenergo PJSC 279 PGE Polska Grupa Energetyczna SA 359 Tucson Electric Power Co 200 Israel Electric Corp Ltd 280 PGE Sweden AB 360 Unicorn Capital Partners Ltd 201 Japan Petroleum Exploration Co Ltd 281 Pha Lai Thermal Power JSC 361 Union Electric Co 202 Jardine Cycle & Carriage Ltd 282 Piedmont Natural Gas Co Inc 362 Unipro PJSC 203 Jastrzebska Spolka Weglowa SA 283 Pingdingshan Tianan Coal Mining Co Ltd 363 United Tractors Tbk PT 204 Jiangsu Guoxin Corp Ltd 284 Pinnacle West Capital Corp 364 Universal Coal PLC 205 Jilin Electric Power Co Ltd 285 PNM Resources Inc 365 Viesgo Infraestructuras Energeticas SL 206 Jindal Steel & Power Ltd 286 Portland General Electric Co 366 Vinacomin - Ha Tu Coal JSC 207 Jinneng Holding Shanxi Coal Industry Co Ltd 287 PPL Capital Funding Inc 367 Vinacomin - Mong Duong Coal JSC 208 Jinneng Holding Shanxi Electric Power Co Ltd 288 PPL Corp 368 Vinacomin - Nui Beo Coal JSC 209 Jizhong Energy Resources Co Ltd 289 PPL WEM Ltd / Western Power Distribution PLC 369 Vinacomin Cao Son Coal JSC 210 Jointo Energy Investment Co Ltd Hebei 290 Public Power Corp SA 370 Vinacomin Coc Sau Coal JSC 211 JSW Energy Ltd 291 Public Service Co of Colorado 371 Vinacomin Deo Nai Coal JSC 212 Kangaroo Resources Ltd 292 Public Service Co of New Mexico 372 Vinacomin Vang Danh Coal JSC 213 K-Electric Ltd 293 Public Service Co of Oklahoma 373 Vistra Corp 214 Kentucky Utilities Co 294 Raging River Exploration Inc 374 Vistra Operations Co LLC 215 Kern River Funding Corp 295 Ratch Group PCL 375 Washington H Soul Pattinson & Co Ltd 216 Kinetic Mines and Energy Ltd 296 Reliance Power Ltd 376 WEC Energy Group Inc 217 Korea East-West Power Co Ltd 297 Resource Alam Indonesia Tbk PT 377 Weiqiao Textile Co 218 Korea Electric Power Corp 298 Resources Prima Group Ltd 378 Wescoal Holdings Ltd 219 Korea Midland Power Co Ltd 299 RGS AEGCO Funding Corp 379 Westmoreland Coal Co 220 Korea South-East Power Co Ltd 300 RGS I&M Funding Corp 380 Westmoreland Resource Partners LP 221 Korea Southern Power Co Ltd 301 Rhino Resource Partners LP 381 White Energy Co Ltd 222 Korea Western Power Co Ltd 302 Rosan Resources Holdings Ltd 382 Whitehaven Coal Ltd 223 KSK Energy Ventures Ltd 303 RusHydro PJSC 383 Wintime Energy Co Ltd 224 Kuzbasskaya Toplivnaya Kompaniya PAO 304 RWE AG 384 Wisconsin Electric Power Co 225 KyungDong Invest Co Ltd 305 Sadovaya Group SA 385 Wisconsin Power and Light Co 226 Kyushu Electric Power Co Inc 306 SDIC Power Holdings Co Ltd 386 Wisconsin Public Service Corp 227 Lanco Infratech Ltd 307 Sembcorp Industries Ltd 387 Xcel Energy Inc 228 Lanna Resources PCL 308 Semirara Mining & Power Corp 388 Yancoal Australia Ltd 229 LG&E and KU Energy LLC 309 Shaanxi Coal Industry Co Ltd 389 Yancoal International Resources Development Co Ltd 230 Listrindo Capital BV 310 Shan Xi Hua Yang Group New Energy Co Ltd 390 Yanzhou Coal Mining Co Ltd 231 LLPL Capital Pte Ltd 311 Shanghai Datun Energy Resources Co Ltd 391 Yorkshire Power Finance Ltd 232 Louisville Gas and Electric Co 312 Shanghai Electric Power Co Ltd 392 Zespol Elektrowni Patnow Adamow Konin SA 233 Lubelski Wegiel Bogdanka SA 313 Shanghai Electric Power Finance Ltd 393 Zhejiang Southeast Electric Power Co 234 Malakoff Corp Bhd 314 Shanxi Coking Coal Energy Group Co Ltd 394 Zhejiang Zheneng Electric Power Co Ltd 235 Manila Electric Co 315 Shanxi Lanhua Sci-Tech Venture Co Ltd 395 Zhengzhou Coal Industry & Electric Power Co Ltd 236 Maxim Power Corp 316 Shanxi Lu’an Environmental Energy Development Co Ltd 237 MC Mining Ltd 317 Shenergy Co Ltd

MAY 2021 7 Controversial countries 63 Elbit Systems Ltd 144 Perspecta Inc 1 Afghanistan 64 Electro Optic Systems Holdings Ltd 145 Petards Group PLC 2 Burundi 65 Embraer Netherlands Finance BV 146 Plexus Corp 3 Central African Republic 66 Embraer Overseas Ltd 147 Poongsan Corp 4 Congo, Democratic Republic 67 Embraer SA 148 Premier Explosives Ltd 5 Iran 68 EMKOREA Co Ltd 149 Pressure Technologies PLC 6 Iraq 69 ESCO Technologies Inc 150 QinetiQ Group PLC 7 Libya 70 Esterline Technologies Corp 151 RADA Electronic Industries Ltd 8 Mali 71 Fincantieri SpA 152 Raytheon Co 9 Myanmar 72 Firstec Co Ltd 153 Raytheon Technologies Corp 10 North Korea 73 FLIR Systems Inc 154 RBC Bearings Inc 11 Somalia 74 Fluor Corp 155 Reliance Naval & Engineering Ltd 12 South Sudan 75 Fujian Torch Electron Technology Co Ltd 156 Renk AG 13 Sudan 76 Garden Reach Shipbuilders & Engineers Ltd 157 Reunert Ltd 14 Syria 77 Gemalto Holding BV 158 Rheinmetall AG 15 Yemen 78 General Dynamics Corp 159 Rikei Corp 16 Zimbabwe 79 GKN Holdings Ltd 160 Rolls-Royce Holdings PLC 80 GKN Ltd 161 Rolls-Royce PLC Miltary contracting 81 Global Brass and Copper Holdings Inc 162 RSL Electronics Ltd 1 AAR Corp 82 Griffon Corp 163 S&T Dynamics Co Ltd 2 Abu Dhabi Ship Building Co PJSC 83 Groupe Gorge SA 164 S&T Motiv Co Ltd 3 Adani Enterprises Ltd 84 H&K AG 165 SA Belge de Constructions Aeronautiques 4 Aerojet Rocketdyne Holdings Inc 85 Hanil Forging Industrial Co Ltd 166 Saab AB 5 Aeronautics Ltd 86 Hanwha Aerospace Co Ltd 167 Safran SA 6 Aerospace Industrial Development Corp 87 Hanwha Corp 168 Sanmina Corp 7 Aerostar SA Bacau 88 Hanwha Systems Co Ltd 169 Science Applications International Corp 8 AeroVironment Inc 89 HEICO Corp 170 Senior PLC 9 Airbus Finance BV 90 Heroux-Devtek Inc 171 Serco Group PLC 10 Airbus SE 91 Hindustan Aeronautics Ltd 172 Singapore Technologies Engineering Ltd 11 Albany International Corp 92 Honeywell International Inc 173 Spirit AeroSystems Inc 12 Allied Motion Technologies Inc 93 Howmet Aerospace Inc 174 St Engineering Rhq Ltd 13 Allison Transmission Holdings Inc 94 Huneed Technologies 175 STX Engine Co Ltd 14 Allison Transmission Inc 95 Huntington Ingalls Industries Inc 176 Taurus Armas SA 15 AMETEK Inc 96 Hyundai Rotem Co Ltd 177 Tellhow Sci-Tech Co Ltd 16 Amphenol Corp 97 Hyundai Wia Corp 178 Tetra Tech Inc 17 Amphenol Technologies Holding GmbH 98 Iar SA Brasov 179 Textron Inc 18 Anhui Great Wall Military Industry Co Ltd 99 IHI Corp 180 Thales SA 19 Arotech Corp 100 Indra Sistemas SA 181 Timken India Ltd 20 Aryt Industries Ltd 101 Inner Mongolia First Machinery Group Co Ltd 182 TransDigm Group Inc 21 Aselsan Elektronik Sanayi Ve Ticaret AS 102 Intevac Inc 183 TransDigm Inc 22 Ashot -Ashkelon Industries Ltd 103 Irkut Corp PJSC 184 TTM Technologies Inc 23 Astra Microwave Products Ltd 104 Jacobs Engineering Group Inc 185 Tupolev PJSC 24 Astronics Corp 105 Jenoptik AG 186 Ultra Electronics Holdings PLC 25 Austal Ltd 106 Jiangxi Hongdu Aviation Industry Co Ltd 187 Ultralife Corp 26 AVIC Electromechanical Systems Co Ltd 107 Kaman Corp 188 Umbra Applied Technologies Group Inc 27 AVIC International Finance & Investment Ltd 108 Kawasaki Heavy Industries Ltd 189 United Aircraft Corp PJSC 28 AviChina Industry & Technology Co Ltd 109 KeyW Holding Corp/The 190 ViaSat Inc 29 Babcock International Group PLC 110 Kitron ASA 191 Vista Outdoor Inc 30 BAE Systems Finance Inc 111 Kongsberg Gruppen ASA 192 Vitzrocell Co Ltd 31 BAE Systems Holdings Inc 112 Korea Aerospace Industries Ltd 193 VSE Corp 32 BAE Systems PLC 113 Kratos Defense & Security Solutions Inc 194 Walchandnagar Industries Ltd 33 Benchmark Electronics Inc 114 KVH Industries Inc 195 Woodward Inc 34 Bharat Dynamics Ltd 115 L3 Technologies Inc 196 Xi’an Tian He Defense Technology Co Ltd 35 Bharat Electronics Ltd 116 L3Harris Technologies Inc 197 XTEK Ltd 36 Bodycote PLC 117 Leonardo SpA 198 ZheJiang Dali Technology Co Ltd 37 Boeing Co/The 118 Leonardo US Holdings Inc 38 Boustead Heavy Industries Corp Bhd 119 LIG Nex1 Co Ltd Fire arms 39 BWX Technologies Inc 120 Lockheed Martin Corp 1 Asahi-Seiki Manufacturing Co Ltd 40 Carpenter Technology Corp 121 Lumibird 2 BAE Systems Finance Inc 41 Changsha Jingjia Microelectronics Co Ltd 122 Magellan Aerospace Corp 3 BAE Systems Holdings Inc 42 Chemring Group PLC 123 ManTech International Corp/VA 4 BAE Systems PLC 43 China Aerospace Times Electronics Co Ltd 124 Materion Corp 5 Clarus Corp 44 China Shipbuilding Industry Co Ltd 125 Meggitt PLC 6 CSRA Inc 45 CIRCOR International Inc 126 Melrose Industries PLC 7 Gemalto Holding BV 46 Cobham Ltd 127 Mercury Systems Inc 8 General Dynamics Corp 47 Cochin Shipyard Ltd 128 Mikros Systems Corp 9 H&K AG 48 Cohort PLC 129 Mitsubishi Heavy Industries Ltd 10 Howa Machinery Ltd 49 Crane Co 130 Moog Inc 11 Miroku Corp 50 CSBC Corp Taiwan 131 MS INTERNATIONAL PLC 12 NOF Corp 51 CSRA Inc 132 MTU Aero Engines AG 13 Northrop Grumman Corp 52 CSSC Capital 2015 Ltd 133 National Presto Industries Inc 14 Northrop Grumman Systems Corp 53 Cssc Capital Two Ltd 134 North Industries Group Red Arrow Co Ltd 15 Olin Corp 54 Cubic Corp 135 Northrop Grumman Corp 16 Rheinmetall AG 55 Curtiss-Wright Corp 136 Northrop Grumman Systems Corp 17 S&T Dynamics Co Ltd 56 Dassault Aviation SA 137 Oceaneering International Inc 18 S&T Motiv Co Ltd 57 Destini Bhd 138 Optex Systems Holdings Inc 19 Singapore Technologies Engineering Ltd 58 Ducommun Inc 139 Orbit International Corp 20 Smith & Wesson Brands Inc 59 Eaton Capital Unlimited Co 140 Orbit Technologies Ltd 21 Sportsman’s Warehouse Holdings Inc 60 Eaton Corp 141 Oshkosh Corp 22 St Engineering Rhq Ltd 61 Eaton Corp PLC 142 Otokar Otomotiv Ve Savunma Sanayi A.S. 23 Sturm Ruger & Co Inc 62 ECA 143 PAE Inc 24 Taurus Armas SA

MAY 2021 8 25 Thales SA 26 Umbra Applied Technologies Group Inc 27 Verney-Carron SA 28 Vista Outdoor Inc 29 XTEK Ltd Nuclear Power 1 Arizona Public Service Co 2 Bruce Power LP 3 Castle Peak Power Finance Co Ltd 4 CGN Power Co Ltd 5 CGNPC International Ltd 6 China Clean Energy Development Ltd 7 China National Nuclear Power Co Ltd 8 CLP Holdings Ltd 9 CLP Power HK Finance Ltd 10 CLP Power Hong Kong Financing Ltd 11 Duke Energy Carolinas LLC 12 Duke Energy Progress LLC 13 El Paso Electric Co 14 Electricite de France SA 15 Entergy Arkansas LLC 16 Exelon Corp 17 Exelon Generation Co LLC 18 Fair Hydro Trust 19 Indiana Michigan Power Co 20 Korea Hydro & Nuclear Power Co Ltd 21 Kyushu Electric Power Co Inc 22 Lower Mattagami Energy LP 23 Oglethorpe Power Corp 24 Ontario Power Generation Inc 25 Pacific Gas and Electric Co 26 PG&E Corp 27 Public Service Co of New Mexico 28 Societatea Nationala Nuclearelectrica SA 29 Teollisuuden Voima Oyj 30 UMH Energy Partnership

MAY 2021 9 Impact Investing

Excluded companies: 61 Socfinasia SA 30 Larsen & Toubro Infotech Ltd 62 Harn Len Corp Bhd 31 Larsen & Toubro Ltd Controversial behavior 63 Kwantas Corp BHD 32 Leonardo SpA 1 G4S International Finance PLC 64 BLD Plantation Bhd 33 Leonardo US Holdings Inc 2 G4S PLC 65 Gopeng BHD 34 LIG Nex1 Co Ltd3 3 Korea Electric Power Corp 66 Dekel Agri-Vision PLC 35 Lockheed Martin Corp 4 Oil & Natural Gas Corp Ltd1 67 Chin Teck Plantations BHD 36 Mindtree Ltd 5 ONGC Nile Ganga BV 68 Sungei Bagan Rubber Co Malaya Bhd 37 Northrop Grumman Corp 6 ONGC Videsh Ltd 69 A Brown Co Inc 38 Northrop Grumman Systems Corp 7 Vale Indonesia Tbk PT 70 Sinar Mas Agro Resources & Technology Tbk PT 39 Poongsan Corp3 8 Vale SA2 71 United Palm Oil Industry PCL 40 Poongsan Holdings Corp 72 Okomu Oil Palm PLC 41 Raytheon Co Palm oil 73 Subur Tiasa Holdings Bhd 42 Raytheon Technologies Corp 1 Anglo-Eastern Plantations PLC 74 Sterling Plantations Ltd 43 S&T Dynamics Co Ltd 2 Salim Ivomas Pratama Tbk PT 75 Fima Corp BHD 44 S&T Holdings Co Ltd 3 Sipef NV 76 Kluang Rubber Co Malaya BHD 45 Safran SA 4 Sampoerna Agro Tbk PT 77 Mentiga Corp BHD 46 Serco Group PLC 5 United International Enterprises Ltd 78 Negri Sembilan Oil Palms BHD 47 Tata Consultancy Services Ltd 6 Genting Plantations Bhd 79 Riverview Rubber Estates BHD 48 Tata Investment Corp Ltd 7 Batu Kawan Bhd 80 Sin Heng Chan Malaya Bhd 49 Textron Inc 8 IJM Corp Bhd 81 Sarawak Plantation Bhd 50 Thales SA 9 Kuala Lumpur Kepong Bhd 82 Cepatwawasan Group BHD 51 Walchandnagar Industries Ltd 10 IJM Plantations Bhd 83 PLS Plantations Bhd 11 Bakrie Sumatera Plantations Tbk PT 84 Global Palm Resources Holdings Ltd Tobacco 12 First Resources Ltd 85 Innoprise Plantations BHD 1 22nd Century Group Inc 13 Kencana Agri Ltd 86 Golden Land Bhd 2 Al-Eqbal Investment Co PLC 14 Indofood Sukses Makmur Tbk PT 87 Kumpulan Fima BHD 3 Alimentation Couche-Tard Inc 15 HAGL JSC 88 JA Wattie Tbk PT 4 Altria Group Inc 16 Eagle High Plantations Tbk PT 89 Astral Asia Bhd 5 AMCON Distributing Co 17 Bukit Darah PLC/The 90 Multi Agro Gemilang Plantation Tbk PT 6 AMVIG Holdings Ltd 18 Perusahaan Perkebunan London Sumatra Indonesia Tbk 91 Vichitbhan Palmoil Pcl 7 Anhui Genuine New Materials Co Ltd PT 92 Elpitiya Plantations PLC 8 Aroma Enterprises India Ltd 19 Mewah International Inc 93 NPC Resources BHD 9 Atlan Holdings Bhd 20 Astra Agro Lestari Tbk PT 94 Sunshine Holdings PLC 10 Badeco Adria JSC Sarajevo 21 Ta Ann Holdings Bhd 95 Presco PLC 11 BAT Capital Corp 22 Indofood Agri Resources Ltd 96 Namunukula Plantations PLC 12 BAT International Finance PLC 23 Golden Agri-Resources Ltd 97 Scope Industries Bhd 13 Bentoel Internasional Investama Tbk PT 24 Wilmar International Ltd 98 Jaya Agra Wattie Tbk PT 14 Bizim Toptan Satis Magazalari AS 25 FGV Holdings Bhd 99 Fitters Diversified Bhd 15 Bots Inc 26 IOI Investment L Bhd 100 Agalawatte Plantations PLC 16 Bright Packaging Industry Bhd 27 Sarawak Oil Palms Bhd 101 Watawala Plantation PLC 17 Brilliant Circle Holdings International Ltd 28 TSH Resources Bhd 102 CAM Resources BHD 18 British American Tobacco Bangladesh Co Ltd 29 Bumitama Agri Ltd 103 Yee Lee Corp Bhd 19 British American Tobacco Chile Operaciones SA 30 Sawit Sumbermas Sarana Tbk PT 20 British American Tobacco Holdings The Netherlands BV 31 Jaya Tiasa Holdings BHD Controversial weapons 21 British American Tobacco Kenya PLC 32 MKH Bhd 1 Aerojet Rocketdyne Holdings Inc 22 British American Tobacco Malaysia Bhd 33 Boustead Plantations Bhd 2 Airbus Finance BV 23 British American Tobacco PLC 34 Kim Loong Resources Bhd 3 Airbus SE 24 British American Tobacco Uganda Ltd 35 TH Plantations Bhd 4 Anhui Great Wall Military Industry Co Ltd3 25 British American Tobacco Zambia PLC 36 Rimbunan Sawit Bhd 5 Aselsan Elektronik Sanayi Ve Ticaret AS 26 British American Tobacco Zimbabwe Holdings Ltd 37 Kretam Holdings BHD 6 Babcock International Group PLC 27 Bulgartabac Holding AD 38 Dharma Satya Nusantara Tbk PT 7 BAE Systems Finance Inc 28 Carreras Ltd/Jamaica 39 Societe des Caoutchoucs de Grand-Bereby 8 BAE Systems Holdings Inc 29 Casey’s General Stores Inc 40 MP Evans Group PLC 9 BAE Systems PLC 30 Cat Loi JSC 41 Tunas Baru Lampung Tbk PT 10 Bharat Dynamics Ltd 31 Ceylon Tobacco Co PLC 42 Godrej Agrovet Ltd 11 Boeing Co/The 32 Champion Alliance International Holdings Ltd 43 SSMS Plantation Holdings Pte Ltd 12 Boeing Distribution Services Inc 33 Chengdu Hongqi Chain Co Ltd 44 United Malacca Bhd 13 BWX Technologies Inc 34 China Boton Group Co Ltd 45 Benso Oil Palm Plantation Ltd 14 China National Nuclear Power Co Ltd 35 China Tobacco International HK Co Ltd 46 TBLA International Pte Ltd 15 China Shipbuilding Industry Co Ltd 36 Cia de Distribucion Integral Logista Holdings SA 47 Societe Camerounaise de Palmeraies 16 China Spacesat Co Ltd 37 Coka Duvanska Industrija AD Coka 48 Socfin 17 CNIM Groupe SA 38 Core-Mark Holding Co Inc 49 Socfinaf 18 CSRA Inc 39 CTO PCL 50 CI Resources Ltd 19 Dassault Aviation SA 40 Dino Polska SA 51 Eterindo Wahanatama Tbk PT 20 Ducommun Inc 41 Dufry AG 52 Feronia Inc/Canada 21 Fluor Corp 42 Dufry One BV 53 PALMCI SAC 22 Gemalto Holding BV 43 Duvanska Industrija AD Bujanovac 54 REA Holdings PLC 23 General Dynamics Corp 44 Eastern Co SAE 55 Provident Agro Tbk PT 24 Honeywell International Inc 45 Eurocash SA 56 Gozco Plantations Tbk PT 25 Huntington Ingalls Industries Inc 46 Globrands Ltd 57 MHC Plantations Bhd 26 Jacobs Engineering Group Inc 47 Godfrey Phillips India Ltd 58 Austindo Nusantara Jaya Tbk PT 27 KeyW Holding Corp/The 48 Golden Tobacco Ltd 59 Pinehill Pacific Bhd 28 L&T Finance Holdings Ltd 49 Gotse Delchev Tabac AD-Gotse Delchev 60 FAR East Holdings BHD 29 L&T Technology Services Ltd 50 Greenlane Holdings Inc

1. In line with item 3.G. of the Robeco Exclusion Policy an exception has been granted on product specific grounds to Robeco CGF Indian Equities to not exclude this company. 2. In accordance with item 3.G. of the Robeco Exclusion Policy an exception for this company has been granted on product specific grounds in relation to funds and/or mandates subject to the Robeco Exclusion policy that apply Enhanced Indexing strategies. Funds in scope at the moment of writing are Robeco QI Emerging Markets Enhanced Index Equities and Robeco QI Customized Emerging Markets Enhanced Index Equities. For the funds and mandates in scope of this exception, the strategy will target a maximum underweight position in the company.” 3. In line with art. 21 a ‘Besluit marktmisbruik’ of the Dutch act on Financial Supervision.

MAY 2021 10 51 Guangdong New Grand Long Packing Co Ltd 3 Aboitiz Power Corp 81 Coal India Ltd 52 Gudang Garam Tbk PT 4 Abu Dhabi National Energy Co PJSC 82 Colbun SA 53 Haci Omer Sabanci Holding AS 5 Adani Electricity Mumbai Ltd 83 Connacher Oil and Gas Ltd 54 Hanjaya Mandala Sampoerna Tbk PT 6 Adani Power Ltd 84 CONSOL Coal Resources LP 55 Healthier Choices Management Corp 7 Adani Transmission Ltd 85 CONSOL Energy Inc 56 Hoang Long Group 8 Adaro Energy Tbk PT 86 Consumers Energy Co 57 Huabao International Holdings Ltd 9 Adaro Indonesia PT 87 ContourGlobal PLC 58 Huaxi Holdings Co Ltd 10 AES Andres Dominicana Ltd 88 ContourGlobal Power Holdings SA 59 Imperial Brands Finance PLC 11 AES Corp/The 89 Contura Energy Inc 60 Imperial Brands PLC 12 AES El Salvador Trust II 90 Coronado Global Resources Inc 61 Indonesian Tobacco Tbk PT 13 AES Gener SA 91 Datang International Power Generation Co Ltd 62 ITC Ltd 14 African Rainbow Minerals Ltd 92 Dayton Power & Light Co/The 63 Japan Tobacco Inc 15 AGL Energy Ltd 93 Deep Well Oil & Gas Inc 64 Jerusalem Cigarette Co Ltd 16 Agritrade Resources Ltd 94 Delta Dunia Makmur Tbk PT 65 Jia Yao Holdings Ltd 17 Alabama Power Co 95 Dian Swastatika Sentosa Tbk PT 66 Jordan Duty Free Shops Co 18 Alarko Holding AS 96 DMCI Holdings Inc 67 JT International Financial Services BV 19 Albioma SA 97 Dominion Energy South Carolina Inc 68 Karelia Tobacco Co Inc SA 20 Alfa Energi Investama Tbk PT 98 DPL Inc 69 Khyber Tobacco Co Ltd 21 ALLETE Inc 99 DTE Electric Co 70 Kimly Ltd 22 Alliance Holdings GP LP 100 DTE Energy Co 71 KT&G Corp 23 Alliance Resource Operating Partners LP / Alliance 101 DTEK BV 72 Lawson Inc Resource Finance Corp 102 DTEK Energy BV 73 LT Group Inc 24 Alliance Resource Partners LP 103 DTEK Finance PLC 74 McColl’s Retail Group PLC 25 Alliant Energy Corp 104 Duke Energy Carolinas LLC 75 Miquel y Costas & Miquel SA 26 Alliant Energy Finance LLC 105 Duke Energy Corp 76 Mudanjiang Hengfeng Paper Co Ltd 27 AltaLink Investments LP 106 Duke Energy Florida LLC 77 Ngan Son JSC 28 AltaLink LP 107 Duke Energy Florida Project Finance LLC 78 Nikotiana BT Holding AD Sofia 29 Ameren Corp 108 Duke Energy Indiana LLC 79 NTC Industries Ltd 30 American Electric Power Co Inc 109 Duke Energy Kentucky Inc 80 Old Holdco Inc 31 An Hui Wenergy Co Ltd 110 Duke Energy Progress LLC 81 Oxygen SA 32 Anglo Pacific Group PLC 111 Dynegy Inc 82 Pakistan Tobacco Co Ltd 33 Anhui Hengyuan Coal Industry and Electricity Power Co 112 Electric Power Development Co Ltd 83 Pazardzhik BTM AD Pazardzhik Ltd 113 Electricity Generating PCL 84 Philip Morris CR AS 34 Appalachian Power Co 114 Elm Road Generating Station Supercritical LLC 85 Philip Morris International Inc 35 Arch Resources Inc 115 Emera Inc 86 Philip Morris Operations AD Nis 36 Arizona Mining Inc 116 Emera US Finance LP 87 Philip Morris Pakistan Ltd 37 Arizona Public Service Co 117 Empresa Electrica Angamos SA 88 Reinet Investments SCA 38 Astra International Tbk PT 118 Empresa Electrica Cochrane SpA 89 Renheng Enterprise Holdings Ltd 39 Athabasca Oil Corp 119 Empresa Electrica Guacolda SA 90 Reynolds American Inc 40 Atlas Resources Tbk PT 120 EnBW Energie Baden-Wuerttemberg AG 91 Scandinavian Tobacco Group A/S 41 Banpu PCL 121 EnBW International Finance BV 92 Seven & i Holdings Co Ltd 42 Banpu Power PCL 122 Enea SA 93 Shaanxi Jinye Science Technology And Education Co Ltd 43 Baramulti Suksessarana Tbk PT 123 ENEL RUSSIA PJSC Group 44 Bathurst Resources Ltd 124 Energeticky a Prumyslovy Holding AS 94 Shanghai Industrial Holdings Ltd 45 Bayan Resources Tbk PT 125 Eneva SA 95 Shenzhen Jinjia Group Co Ltd 46 Baytex Energy Corp 126 Engie Energia Chile SA 96 Shenzhen Megmeet Electrical Co Ltd 47 Beijing Haohua Energy Resource Co Ltd 127 Entergy Arkansas LLC 97 Shiner International Inc 48 Berkshire Hathaway Energy Co 128 EP Energy AS 98 Sila Holding AD 49 Bisichi PLC 129 EP Infrastructure AS 99 Sinnar Bidi Udyog Ltd 50 Black Hills Corp 130 Eskom Holdings SOC Ltd 100 Slantse Stara Zagora- BT AD 51 Bruce Mansfield Unit 1 2007 Pass Through Trust 131 Eterna Capital Pte Ltd 101 Sligro Food Group NV 52 Bukit Makmur Mandiri Utama PT 132 Evergy Inc 102 Smoore International Holdings Ltd 53 Bumi Resources Tbk PT 133 Evergy Kansas Central Inc 103 Societe Ivoirienne des Tabacs SA 54 Canadian Natural Resources Ltd 134 Evergy Kansas South Inc 104 Sok Marketler Ticaret AS 55 Canadian Oil Sands Ltd 135 Evergy Metro Inc 105 Standard Diversified Inc 56 Capital Power Corp 136 Exploitasi Energi Indonesia Tbk PT 106 Swedish Match AB 57 Castle Peak Power Finance Co Ltd 137 Exxaro Resources Ltd 107 Tanzania Cigarette Co Ltd 58 Cenovus Energy Inc 138 Feishang Anthracite Resources Ltd 108 Ten Pao Group Holdings Ltd 59 CESC Ltd 139 Filinvest Development Corp 109 Tian Chang Group Holdings Ltd 60 CEZ AS 140 Foresight Energy LP 110 Tien Wah Press Holdings Bhd 61 CGN New Energy Holdings Co Ltd 141 Fujian Funeng Co Ltd 111 TSL Ltd/Zimbabwe 62 China Coal Energy Co Ltd 142 Gazprom Neft OAO Via GPN Capital SA 112 Turning Point Brands Inc 63 China Coal Xinji Energy Co Ltd 143 Gazprom Neft PJSC 113 Tutunski Kombinat AD 64 China Huadian Corp Ltd 144 GCM Resources PLC 114 Union Investment Corp PLC 65 China Huaneng Group Hong Kong Treasury 145 GD Power Development Co Ltd 115 Union Tobacco & Cigarette Industries Co Management Holding Ltd 146 Genesis Energy Ltd 116 Universal Corp/VA 66 China Longyuan Power Group Corp Ltd 147 Geo Coal International Pte Ltd 117 Valora Holding AG 67 China Power International Development Ltd 148 Geo Energy Resources Ltd 118 Vapor Group Inc 68 China Qinfa Group Ltd 149 Georgia Power Co 119 VaporBrands International Inc 69 China Resources Power Holdings Co Ltd 150 Glencore PLC 120 Vector Group Ltd 70 China Shenhua Energy Co Ltd 151 Glow Energy PCL 121 VPR Brands LP 71 China Shenhua Overseas Capital Co Ltd 152 Golden Eagle Energy Tbk PT 122 VST Industries Ltd 72 Chongqing Energy Investment Group Co Ltd 153 Golden Energy & Resources Ltd 123 Wee-Cig International Corp 73 Chugoku Electric Power Co Inc/The 154 Great Plains Energy Inc 124 West Indian Tobacco Co Ltd/The 74 Cikarang Listrindo Tbk PT 155 Guangdong Baolihua New Energy Stock Co Ltd 125 Wismilak Inti Makmur Tbk PT 75 Cleco Corporate Holdings LLC 156 Guangdong Electric Power Development Co Ltd 126 Yuri Gagarin PLC 76 Cleco Power LLC 157 Guanghui Energy Co Ltd 77 Cloud Peak Energy Inc 158 Guangzhou Development Group Inc Fossil fuels 78 CLP Holdings Ltd 159 Guizhou Panjiang Refined Coal Co Ltd 1 ABM Investama Tbk PT 79 CLP Power HK Finance Ltd 160 Gujarat Industries Power Co Ltd 2 Aboitiz Equity Ventures Inc 80 CLP Power Hong Kong Financing Ltd 161 Gujarat Mineral Development Corp Ltd

MAY 2021 11 162 Gulf Power Co 241 Minejesa Capital BV 321 SMC Global Power Holdings Corp 163 Hallador Energy Co 242 Mitrabara Adiperdana Tbk PT 322 South32 Ltd 164 Harum Energy Tbk PT 243 Mong Duong Finance Holdings BV 323 Southern Co Gas Capital Corp 165 Harvest Operations Corp 244 Mongolia Energy Corp Ltd 324 Southern Co/The 166 Henan Dayou Energy Co Ltd 245 Murray Energy Corp 325 Southern Power Co 167 Henan Shenhuo Coal & Power Co Ltd 246 NACCO Industries Inc 326 Southstone Minerals Ltd 168 Hidili Industry International Development Ltd 247 Nan Nan Resources Enterprise Ltd 327 Southwestern Electric Power Co 169 HK Electric Investments & HK Electric Investments Ltd 248 Natural Resource Partners LP 328 Southwestern Public Service Co 170 Hokkaido Electric Power Co Inc 249 Nava Bharat Ventures Ltd 329 SPIC 2016 US dollar Bond Co Ltd 171 Hokuriku Electric Power Co 250 New Hope Corp Ltd 330 Spic 2018 Usd Senior Perpetual Bond Co Ltd 172 Huadian Energy Co Ltd 251 NiSource Inc 331 SPIC Dongfang New Energy Corp 173 Huadian Fuxin Energy Corp Ltd 252 NLC India Ltd 332 Stanmore Coal Ltd 174 Huadian Power International Corp Ltd 253 Northern Electric Finance PLC 333 Strata Power Corp 175 Huaneng Power International Inc 254 Northern Electric PLC 334 Suncor Energy Inc 176 Hubei Energy Group Co Ltd 255 Northern Natural Gas Co 335 Suncor Energy Ventures Corp 177 Huolinhe Opencut Coal Industry Corp Ltd of Inner 256 Northern Powergrid Holdings Co 336 Suncor Energy Ventures Holding Corp Mongolia 257 Northern Powergrid Yorkshire PLC 337 Sundiro Holding Co Ltd 178 Husky Energy Inc 258 Northern States Power Co/MN 338 Sunshine Oilsands Ltd 179 Ichor Coal NV 259 NorthWestern Corp 339 Taiwan Cement Corp 180 IDACORP Inc 260 Nova Scotia Power Inc 340 Talen Energy Corp 181 Idaho Power Co 261 NRG Energy Inc 341 TAQA Morocco SA 182 IE2 Holdco SAU 262 NTPC Ltd 342 Tata Power Co Ltd/The 183 Ikwezi Mining Ltd 263 NV Energy Inc 343 Tauron Polska Energia SA 184 Imperial Oil Ltd 264 Obsidian Energy Ltd 344 TBS Energi Utama Tbk PT 185 Indiana Michigan Power Co 265 OGE Energy Corp 345 TCC International Holdings Ltd 186 Indianapolis Power & Light Co 266 OGK-2 PJSC 346 TECO Energy Inc 187 Indika Energy Capital III Pte Ltd 267 Okinawa Electric Power Co Inc/The 347 Tenaga Nasional Bhd 188 Indika Energy Capital IV Pte Ltd 268 Oklahoma Gas and Electric Co 348 Terra Mauricia Ltd 189 Indika Energy Tbk PT 269 OPG Power Ventures PLC 349 Terracom Ltd 190 Indo Energy Finance II BV 270 Origin Energy Ltd 350 Texas Competitive Electric Holdings Co LLC / TCEH 191 Indo Tambangraya Megah Tbk PT 271 Otter Tail Corp Finance Inc 192 Indonesia Asahan Aluminium Persero PT 272 PacifiCorp 351 TNB Global Ventures Capital Bhd 193 Inner Mongolia MengDian HuaNeng Thermal Power 273 Paiton Energy PT 352 Tohoku Electric Power Co Inc Corp Ltd 274 Pardee Resources Co 353 Top Energy Co Ltd Shanxi 194 Inner Mongolia Pingzhuang Energy Co Ltd 275 Peabody Energy Corp 354 TPI Polene Power PCL 195 Inner Mongolia Yitai Coal Co Ltd 276 Pengrowth Energy Corp 355 Trada Alam Minera Tbk PT 196 Interstate Power and Light Co 277 Perusahaan Perseroan Persero PT Perusahaan Listrik 356 TransAlta Corp 197 Intra Energy Corp Ltd Negara 357 Transelectrica SA 198 IPALCO Enterprises Inc 278 PGE Gornictwo i Energetyka Konwencjonalna SA 358 Tri-State Generation and Transmission Association Inc 199 Irkutskenergo PJSC 279 PGE Polska Grupa Energetyczna SA 359 Tucson Electric Power Co 200 Israel Electric Corp Ltd 280 PGE Sweden AB 360 Unicorn Capital Partners Ltd 201 Japan Petroleum Exploration Co Ltd 281 Pha Lai Thermal Power JSC 361 Union Electric Co 202 Jardine Cycle & Carriage Ltd 282 Piedmont Natural Gas Co Inc 362 Unipro PJSC 203 Jastrzebska Spolka Weglowa SA 283 Pingdingshan Tianan Coal Mining Co Ltd 363 United Tractors Tbk PT 204 Jiangsu Guoxin Corp Ltd 284 Pinnacle West Capital Corp 364 Universal Coal PLC 205 Jilin Electric Power Co Ltd 285 PNM Resources Inc 365 Viesgo Infraestructuras Energeticas SL 206 Jindal Steel & Power Ltd 286 Portland General Electric Co 366 Vinacomin - Ha Tu Coal JSC 207 Jinneng Holding Shanxi Coal Industry Co Ltd 287 PPL Capital Funding Inc 367 Vinacomin - Mong Duong Coal JSC 208 Jinneng Holding Shanxi Electric Power Co Ltd 288 PPL Corp 368 Vinacomin - Nui Beo Coal JSC 209 Jizhong Energy Resources Co Ltd 289 PPL WEM Ltd / Western Power Distribution PLC 369 Vinacomin Cao Son Coal JSC 210 Jointo Energy Investment Co Ltd Hebei 290 Public Power Corp SA 370 Vinacomin Coc Sau Coal JSC 211 JSW Energy Ltd 291 Public Service Co of Colorado 371 Vinacomin Deo Nai Coal JSC 212 Kangaroo Resources Ltd 292 Public Service Co of New Mexico 372 Vinacomin Vang Danh Coal JSC 213 K-Electric Ltd 293 Public Service Co of Oklahoma 373 Vistra Corp 214 Kentucky Utilities Co 294 Raging River Exploration Inc 374 Vistra Operations Co LLC 215 Kern River Funding Corp 295 Ratch Group PCL 375 Washington H Soul Pattinson & Co Ltd 216 Kinetic Mines and Energy Ltd 296 Reliance Power Ltd 376 WEC Energy Group Inc 217 Korea East-West Power Co Ltd 297 Resource Alam Indonesia Tbk PT 377 Weiqiao Textile Co 218 Korea Electric Power Corp 298 Resources Prima Group Ltd 378 Wescoal Holdings Ltd 219 Korea Midland Power Co Ltd 299 RGS AEGCO Funding Corp 379 Westmoreland Coal Co 220 Korea South-East Power Co Ltd 300 RGS I&M Funding Corp 380 Westmoreland Resource Partners LP 221 Korea Southern Power Co Ltd 301 Rhino Resource Partners LP 381 White Energy Co Ltd 222 Korea Western Power Co Ltd 302 Rosan Resources Holdings Ltd 382 Whitehaven Coal Ltd 223 KSK Energy Ventures Ltd 303 RusHydro PJSC 383 Wintime Energy Co Ltd 224 Kuzbasskaya Toplivnaya Kompaniya PAO 304 RWE AG 384 Wisconsin Electric Power Co 225 KyungDong Invest Co Ltd 305 Sadovaya Group SA 385 Wisconsin Power and Light Co 226 Kyushu Electric Power Co Inc 306 SDIC Power Holdings Co Ltd 386 Wisconsin Public Service Corp 227 Lanco Infratech Ltd 307 Sembcorp Industries Ltd 387 Xcel Energy Inc 228 Lanna Resources PCL 308 Semirara Mining & Power Corp 388 Yancoal Australia Ltd 229 LG&E and KU Energy LLC 309 Shaanxi Coal Industry Co Ltd 389 Yancoal International Resources Development Co Ltd 230 Listrindo Capital BV 310 Shan Xi Hua Yang Group New Energy Co Ltd 390 Yanzhou Coal Mining Co Ltd 231 LLPL Capital Pte Ltd 311 Shanghai Datun Energy Resources Co Ltd 391 Yorkshire Power Finance Ltd 232 Louisville Gas and Electric Co 312 Shanghai Electric Power Co Ltd 392 Zespol Elektrowni Patnow Adamow Konin SA 233 Lubelski Wegiel Bogdanka SA 313 Shanghai Electric Power Finance Ltd 393 Zhejiang Southeast Electric Power Co 234 Malakoff Corp Bhd 314 Shanxi Coking Coal Energy Group Co Ltd 394 Zhejiang Zheneng Electric Power Co Ltd 235 Manila Electric Co 315 Shanxi Lanhua Sci-Tech Venture Co Ltd 395 Zhengzhou Coal Industry & Electric Power Co Ltd 236 Maxim Power Corp 316 Shanxi Lu’an Environmental Energy Development Co Ltd 237 MC Mining Ltd 317 Shenergy Co Ltd Controversial countries 238 MEG Energy Corp 318 Shenzhen Energy Group Co Ltd 1 Afghanistan 239 MGE Energy Inc 319 Shikoku Electric Power Co Inc 2 Burundi 240 MidAmerican Energy Co 320 Sierra Pacific Power Co 3 Central African Republic

MAY 2021 12 4 Congo, Democratic Republic 67 Embraer SA 148 Premier Explosives Ltd 5 Iran 68 EMKOREA Co Ltd 149 Pressure Technologies PLC 6 Iraq 69 ESCO Technologies Inc 150 QinetiQ Group PLC 7 Libya 70 Esterline Technologies Corp 151 RADA Electronic Industries Ltd 8 Mali 71 Fincantieri SpA 152 Raytheon Co 9 Myanmar 72 Firstec Co Ltd 153 Raytheon Technologies Corp 10 North Korea 73 FLIR Systems Inc 154 RBC Bearings Inc 11 Somalia 74 Fluor Corp 155 Reliance Naval & Engineering Ltd 12 South Sudan 75 Fujian Torch Electron Technology Co Ltd 156 Renk AG 13 Sudan 76 Garden Reach Shipbuilders & Engineers Ltd 157 Reunert Ltd 14 Syria 77 Gemalto Holding BV 158 Rheinmetall AG 15 Yemen 78 General Dynamics Corp 159 Rikei Corp 16 Zimbabwe 79 GKN Holdings Ltd 160 Rolls-Royce Holdings PLC 80 GKN Ltd 161 Rolls-Royce PLC Miltary contracting 81 Global Brass and Copper Holdings Inc 162 RSL Electronics Ltd 1 AAR Corp 82 Griffon Corp 163 S&T Dynamics Co Ltd 2 Abu Dhabi Ship Building Co PJSC 83 Groupe Gorge SA 164 S&T Motiv Co Ltd 3 Adani Enterprises Ltd 84 H&K AG 165 SA Belge de Constructions Aeronautiques 4 Aerojet Rocketdyne Holdings Inc 85 Hanil Forging Industrial Co Ltd 166 Saab AB 5 Aeronautics Ltd 86 Hanwha Aerospace Co Ltd 167 Safran SA 6 Aerospace Industrial Development Corp 87 Hanwha Corp 168 Sanmina Corp 7 Aerostar SA Bacau 88 Hanwha Systems Co Ltd 169 Science Applications International Corp 8 AeroVironment Inc 89 HEICO Corp 170 Senior PLC 9 Airbus Finance BV 90 Heroux-Devtek Inc 171 Serco Group PLC 10 Airbus SE 91 Hindustan Aeronautics Ltd 172 Singapore Technologies Engineering Ltd 11 Albany International Corp 92 Honeywell International Inc 173 Spirit AeroSystems Inc 12 Allied Motion Technologies Inc 93 Howmet Aerospace Inc 174 St Engineering Rhq Ltd 13 Allison Transmission Holdings Inc 94 Huneed Technologies 175 STX Engine Co Ltd 14 Allison Transmission Inc 95 Huntington Ingalls Industries Inc 176 Taurus Armas SA 15 AMETEK Inc 96 Hyundai Rotem Co Ltd 177 Tellhow Sci-Tech Co Ltd 16 Amphenol Corp 97 Hyundai Wia Corp 178 Tetra Tech Inc 17 Amphenol Technologies Holding GmbH 98 Iar SA Brasov 179 Textron Inc 18 Anhui Great Wall Military Industry Co Ltd 99 IHI Corp 180 Thales SA 19 Arotech Corp 100 Indra Sistemas SA 181 Timken India Ltd 20 Aryt Industries Ltd 101 Inner Mongolia First Machinery Group Co Ltd 182 TransDigm Group Inc 21 Aselsan Elektronik Sanayi Ve Ticaret AS 102 Intevac Inc 183 TransDigm Inc 22 Ashot -Ashkelon Industries Ltd 103 Irkut Corp PJSC 184 TTM Technologies Inc 23 Astra Microwave Products Ltd 104 Jacobs Engineering Group Inc 185 Tupolev PJSC 24 Astronics Corp 105 Jenoptik AG 186 Ultra Electronics Holdings PLC 25 Austal Ltd 106 Jiangxi Hongdu Aviation Industry Co Ltd 187 Ultralife Corp 26 AVIC Electromechanical Systems Co Ltd 107 Kaman Corp 188 Umbra Applied Technologies Group Inc 27 AVIC International Finance & Investment Ltd 108 Kawasaki Heavy Industries Ltd 189 United Aircraft Corp PJSC 28 AviChina Industry & Technology Co Ltd 109 KeyW Holding Corp/The 190 ViaSat Inc 29 Babcock International Group PLC 110 Kitron ASA 191 Vista Outdoor Inc 30 BAE Systems Finance Inc 111 Kongsberg Gruppen ASA 192 Vitzrocell Co Ltd 31 BAE Systems Holdings Inc 112 Korea Aerospace Industries Ltd 193 VSE Corp 32 BAE Systems PLC 113 Kratos Defense & Security Solutions Inc 194 Walchandnagar Industries Ltd 33 Benchmark Electronics Inc 114 KVH Industries Inc 195 Woodward Inc 34 Bharat Dynamics Ltd 115 L3 Technologies Inc 196 Xi’an Tian He Defense Technology Co Ltd 35 Bharat Electronics Ltd 116 L3Harris Technologies Inc 197 XTEK Ltd 36 Bodycote PLC 117 Leonardo SpA 198 ZheJiang Dali Technology Co Ltd 37 Boeing Co/The 118 Leonardo US Holdings Inc 38 Boustead Heavy Industries Corp Bhd 119 LIG Nex1 Co Ltd Fire arms 39 BWX Technologies Inc 120 Lockheed Martin Corp 1 Asahi-Seiki Manufacturing Co Ltd 40 Carpenter Technology Corp 121 Lumibird 2 BAE Systems Finance Inc 41 Changsha Jingjia Microelectronics Co Ltd 122 Magellan Aerospace Corp 3 BAE Systems Holdings Inc 42 Chemring Group PLC 123 ManTech International Corp/VA 4 BAE Systems PLC 43 China Aerospace Times Electronics Co Ltd 124 Materion Corp 5 Clarus Corp 44 China Shipbuilding Industry Co Ltd 125 Meggitt PLC 6 CSRA Inc 45 CIRCOR International Inc 126 Melrose Industries PLC 7 Gemalto Holding BV 46 Cobham Ltd 127 Mercury Systems Inc 8 General Dynamics Corp 47 Cochin Shipyard Ltd 128 Mikros Systems Corp 9 H&K AG 48 Cohort PLC 129 Mitsubishi Heavy Industries Ltd 10 Howa Machinery Ltd 49 Crane Co 130 Moog Inc 11 Miroku Corp 50 CSBC Corp Taiwan 131 MS INTERNATIONAL PLC 12 NOF Corp 51 CSRA Inc 132 MTU Aero Engines AG 13 Northrop Grumman Corp 52 CSSC Capital 2015 Ltd 133 National Presto Industries Inc 14 Northrop Grumman Systems Corp 53 Cssc Capital Two Ltd 134 North Industries Group Red Arrow Co Ltd 15 Olin Corp 54 Cubic Corp 135 Northrop Grumman Corp 16 Rheinmetall AG 55 Curtiss-Wright Corp 136 Northrop Grumman Systems Corp 17 S&T Dynamics Co Ltd 56 Dassault Aviation SA 137 Oceaneering International Inc 18 S&T Motiv Co Ltd 57 Destini Bhd 138 Optex Systems Holdings Inc 19 Singapore Technologies Engineering Ltd 58 Ducommun Inc 139 Orbit International Corp 20 Smith & Wesson Brands Inc 59 Eaton Capital Unlimited Co 140 Orbit Technologies Ltd 21 Sportsman’s Warehouse Holdings Inc 60 Eaton Corp 141 Oshkosh Corp 22 St Engineering Rhq Ltd 61 Eaton Corp PLC 142 Otokar Otomotiv Ve Savunma Sanayi A.S. 23 Sturm Ruger & Co Inc 62 ECA 143 PAE Inc 24 Taurus Armas SA 63 Elbit Systems Ltd 144 Perspecta Inc 25 Thales SA 64 Electro Optic Systems Holdings Ltd 145 Petards Group PLC 26 Umbra Applied Technologies Group Inc 65 Embraer Netherlands Finance BV 146 Plexus Corp 27 Verney-Carron SA 66 Embraer Overseas Ltd 147 Poongsan Corp 28 Vista Outdoor Inc

MAY 2021 13 29 XTEK Ltd 46 Berentzen-Gruppe AG 127 Distell Group Ltd 47 Bermas SA 128 Distil PLC Nuclear Power 48 Between Dandelions Inc 129 Distilleries Co of Sri Lanka PLC 1 Arizona Public Service Co 49 BHB Brauholding Bayern-Mitte AG 130 Diversified Restaurant Holdings Inc 2 Bruce Power LP 50 Big Rock Brewery Inc 131 Dufry AG 3 Castle Peak Power Finance Co Ltd 51 BJ’s Restaurants Inc 132 Dufry One BV 4 CGN Power Co Ltd 52 Bloomin’ Brands Inc 133 Dukang Distillers Holdings Ltd 5 CGNPC International Ltd 53 Bodegas Esmeralda SA 134 Dynac Holdings Corp 6 China Clean Energy Development Ltd 54 Bodegas Riojanas SA 135 Dynasty Fine Wines Group Ltd 7 China National Nuclear Power Co Ltd 55 Bohae Brewery Co Ltd 136 East African Breweries Ltd 8 CLP Holdings Ltd 56 Boston Beer Co Inc/The 137 Eastside Distilling Inc 9 CLP Power HK Finance Ltd 57 Boutaris J & Sons Holdings 138 EI Group Ltd 10 CLP Power Hong Kong Financing Ltd 58 Bralirwa SA 139 Einbecker Brauhaus AG 11 Duke Energy Carolinas LLC 59 Brinker International Inc 140 Empee Distilleries Ltd 12 Duke Energy Progress LLC 60 BRONCO BILLY Co Ltd 141 Emperador Inc 13 El Paso Electric Co 61 Broo Ltd 142 Eumundi Group Ltd 14 Electricite de France SA 62 Browar Czarnkow SA 143 Eurocash SA 15 Entergy Arkansas LLC 63 Brown-Forman Corp 144 FBG Finance Pty Ltd 16 Exelon Corp 64 Budweiser Brewing Co APAC Ltd 145 Flanigan’s Enterprises Inc 17 Exelon Generation Co LLC 65 C&C Group PLC 146 Florida Ice & Farm Co SA 18 Fair Hydro Trust 66 CA Ron Santa Teresa SACA 147 Fogo De Chao Inc 19 Indiana Michigan Power Co 67 Capevin Holdings Ltd 148 Foley Wines Ltd 20 Korea Hydro & Nuclear Power Co Ltd 68 Carlsberg AS 149 Fujian Yanjing Huiquan Brewery Co Ltd 21 Kyushu Electric Power Co Inc 69 Carlsberg Breweries AS 150 Fujio Food Group Inc 22 Lower Mattagami Energy LP 70 Carlsberg Brewery Malaysia Bhd 151 Fulham Shore Plc/The 23 Oglethorpe Power Corp 71 Carlsberg Ukraine PJSC 152 Fuller Smith & Turner PLC 24 Ontario Power Generation Inc 72 Carson Cumberbatch PLC 153 Fulum Group Holdings Ltd 25 Pacific Gas and Electric Co 73 Castle Brands Inc 154 Gansu Mogao Industrial Development Co Ltd 26 PG&E Corp 74 Central American Bottling Corp 155 Genki Sushi Co Ltd 27 Public Service Co of New Mexico 75 Ceylon Beverage Holdings PLC 156 Ginebra San Miguel Inc 28 Societatea Nationala Nuclearelectrica SA 76 Champion Breweries PLC 157 Globus Spirits Ltd 29 Teollisuuden Voima Oyj 77 Chapel Down Group PLC 158 GM Breweries Ltd 30 UMH Energy Partnership 78 Cheesecake Factory Inc/The 159 Goldin Financial Holdings Ltd 79 Chengdu Hongqi Chain Co Ltd 160 Good Drinks Australia Ltd Alcohol 80 CHIMNEY Co Ltd 161 Good Times Restaurants Inc 1 Abrau-Durso PJSC 81 China New Borun Corp 162 Grace Wine Holdings Ltd 2 Adnams PLC 82 China Ouhua Winery Holdings Ltd 163 Granite City Food & Brewery Ltd 3 Advini 83 China Resources Beer Holdings Co Ltd 164 Greene King Ltd 4 African Distillers Ltd 84 China Tontine Wines Group Ltd 165 Grupa Zywiec SA 5 Alcanna Inc 85 Chipotle Mexican Grill Inc 166 Grupo Modelo SAB de CV 6 Alita Group AB 86 Chongqing Brewery Co Ltd 167 Guala Closures SpA 7 Allgaeuer Brauhaus AG 87 Christian Dior SE 168 Guangzhou Zhujiang Brewery Co Ltd 8 Alliance Global Group Inc 88 Chuy’s Holdings Inc 169 Gubernija 9 Altia Oyj 89 Cia Cervecerias Unidas SA 170 Guinness Ghana Breweries Ltd 10 Ambev SA 90 Cia Immobiliare Azionaria 171 Guinness Nigeria PLC 11 Ambra SA 91 CITIC Guoan Wine Co Ltd 172 Gurktaler AG 12 Amiyaki Tei Co Ltd 92 City Pub Group PLC 173 Gusbourne PLC 13 Anadolu Efes Biracilik Ve Malt Sanayii AS 93 Classified Group Holdings Ltd 174 Hachi-Ban Co Ltd 14 Andrew Peller Ltd 94 Co.Br.Ha Societe Commerciale de Brasserie SA 175 Hainan Yedao Co Ltd 15 Angel Yeast Co Ltd 95 Coca-Cola Amatil Ltd 176 Hanoi-Hai Duong Beer JSC 16 Angostura Holdings Ltd 96 Coles Group Ltd 177 Harboes Bryggeri A/S 17 Anheuser-Busch Cos LLC / Anheuser-Busch InBev 97 Coles Group Treasury Pty Ltd 178 Hawesko Holding AG Worldwide Inc 98 Colowide Co Ltd 179 Heavitree Brewery PLC/The 18 Anheuser-Busch InBev Finance Inc 99 Comptoir Group plc 180 Hebei Hengshui Laobaigan Liquor Co Ltd 19 Anheuser-Busch InBev SA/NV 100 Constellation Brands Inc 181 Heineken Holding NV 20 Anheuser-Busch InBev Worldwide Inc 101 Corby Spirit and Wine Ltd 182 Heineken Malaysia Bhd 21 Anhui Golden Seed Winery Co Ltd 102 Corticeira Amorim SGPS SA 183 Heineken NV 22 Anhui Gujing Distillery Co Ltd 103 Craft Brew Alliance Inc 184 Hexza Corp BHD 23 Anhui Kouzi Distillery Co Ltd 104 Create Restaurants Holdings Inc 185 Hey Song Corp 24 Arcus ASA 105 Crimson Wine Group Ltd 186 Hiday Hidaka Corp 25 Aristocrat Group Corp 106 Cristalerias de Chile SA 187 Hite Jinro Co Ltd 26 Asahi Group Holdings Ltd 107 Daisyo Corp 188 Hitejinro Holdings Co Ltd 27 Associated Alcohols & Breweries Ltd 108 Daniel Thwaites PLC 189 Honworld Group Ltd 28 Atlan Holdings Bhd 109 Darden Restaurants Inc 190 HUB Co Ltd 29 Atom Corp 110 Dave & Buster’s Entertainment Inc 191 IFB Agro Industries Ltd 30 Australian Vintage Ltd 111 Davide Campari-Milano NV 192 Ikka Dining Project Co Ltd 31 AUX International Holding Ltd 112 DD Holdings Co Ltd 193 India Glycols Ltd 32 AWG Ltd 113 Del Frisco’s Restaurant Group Inc 194 International Breweries PLC 33 B&S Group Sarl 114 Delegat Group Ltd 195 Italian Wine Brands SpA 34 Bacardi Ltd 115 Delta Corp Ltd/Zimbabwe 196 Itochu-Shokuhin Co Ltd 35 Badel 1862 dd 116 Delta Djakarta Tbk PT 197 J Alexander’s Holdings Inc 36 Bagger Dave’s Burger Tavern Inc 117 Denny’s Corp 198 J D Wetherspoon PLC 37 Bar Pacific Group Holdings Ltd 118 Diageo Capital BV 199 Jagatjit Industries Ltd 38 Baron de Ley SA 119 Diageo Capital PLC 200 Jiangsu King’s Luck Brewery JSC Ltd 39 BBQ Holdings Inc 120 Diageo Finance PLC 201 Jiangsu Yanghe Brewery Joint-Stock Co Ltd 40 Becle SAB de CV 121 Diageo Investment Corp 202 Jinro Distillers Co Ltd 41 Beijing Enterprises Holdings Ltd 122 Diageo PLC 203 JiuGui Liquor Co Ltd 42 Beijing Gas Singapore Capital Corp 123 Diamond Estates Wines & Spirits Ltd 204 Jumbo Group Ltd 43 Beijing Shunxin Agriculture Co Ltd 124 Digital Wine Ventures Ltd 205 K Group Holdings Ltd 44 Beijing Yanjing Brewery Co Ltd 125 Dino Polska SA 206 Kanmonkai Co Ltd 45 Beluga Group PJSC 126 Distell Group Holdings Ltd 207 Kappa Create Co Ltd

MAY 2021 14 208 Kato Sangyo Co Ltd 289 Phoenix Beverages Ltd 370 Top Frontier Investment Holdings Inc 209 KEO Plc 290 Piccadily Agro Industries Ltd 371 Torikizoku Holdings Co Ltd 210 Khoday India Ltd 291 Piccadily Sugar & Allied Industries Ltd 372 Totenko Co Ltd 211 Kichiri Holdings & Co Ltd 292 Pioneer Distilleries Ltd 373 Treasury Wine Estates Ltd 212 Kikkoman Corp 293 Prodvinalco 374 Truett-Hurst Inc 213 Kirin Holdings Co Ltd 294 Pungkuk Alcohol Industry Co Ltd 375 Tsingtao Brewery Co Ltd 214 Kisoji Co Ltd 295 Purcari Wineries PLC 376 Turk Tuborg Bira ve Malt Sanayii AS 215 KM Sugar Mills Ltd 296 Qinghai Huzhu Barley Wine Co Ltd 377 U Banquet Group Holding Ltd 216 Kona Grill Inc 297 Radico Khaitan Ltd 378 Ugar Sugar Works Ltd 217 Kook Soon Dang Brewery Co Ltd 298 Rana Sugars Ltd 379 Ukai Co Ltd 218 Kopparbergs Bryggeri AB 299 Ravi Kumar Distilleries Ltd 380 Umenohana Co Ltd 219 Korea Alcohol Industrial Co Ltd 300 RBI Ventures Ltd 381 Umida Group AB 220 Ktima Kostas Lazaridis SA 301 RCI Hospitality Holdings Inc 382 Union de Cervecerias Peruanas Backus y Johnston SAA 221 Kuaijishan Shaoxing Wine Co Ltd 302 Recipe Unlimited Corp 383 United Breweries Holdings Ltd 222 Kulmbacher Brauerei AG 303 Red Robin Gourmet Burgers Inc 384 United Breweries Ltd 223 Kura Sushi Inc 304 Redcape Hotel Group 385 United Malt Grp Ltd 224 Kura Sushi USA Inc 305 Remy Cointreau SA 386 United Spirits Ltd 225 Kushikatsu Tanaka Holdings Co 306 Restaurant Group PLC/The 387 V V Food & Beverage Co Ltd 226 Kweichow Moutai Co Ltd 307 Revolution Bars Group Plc 388 Vapiano SE 227 Landshuter Brauhaus AG Privatbrauerei 308 Ringer Hut Co Ltd 389 Vats Liquor Chain Store Management JSC Ltd 228 Lanson-BCC 309 Rocky Mountain Liquor Inc 390 VIA Holdings Inc 229 Lanzhou Huanghe Enterprise Co 310 Royal Century Resources Holdings Ltd 391 Vilniaus Degtine AB 230 Latvijas Balzams AS 311 Royal Holdings Co Ltd 392 Vina Concha y Toro SA 231 Laurent-Perrier 312 Royal Unibrew A/S 393 Vina San Pedro Tarapaca SA 232 LH GROUP LTD 313 Ruth’s Hospitality Group Inc 394 Vina Santa Rita SA 233 Li Bao Ge Group Ltd 314 Saigon Beer Alcohol Beverage Corp 395 Vinedos Emiliana SA 234 Life Intelligent Enterprise Holdings Co Ltd 315 Saizeriya Co Ltd 396 Vino Zupa ad Aleksandrovac 235 Lion Brewery Ceylon PLC 316 Sakae Holdings Ltd 397 Vinzavod AD-Asenovgrad 236 Lombard et Medot 317 San Miguel Brewery Hong Kong Ltd 398 Vodka Brands Corp 237 Lomsko Pivo AD 318 San Miguel Corp 399 Vranken-Pommery Monopole SA 238 Lotte Chilsung Beverage Co Ltd 319 San Miguel Food and Beverage Inc 400 Wagamama Finance PLC 239 LT Group Inc 320 Sapporo Holdings Ltd 401 WATAMI Co Ltd 240 Lucas Bols NV 321 Scheid Vineyards Inc 402 Waterloo Brewing Ltd 241 Luzhou Laojiao Co Ltd 322 Schloss Wachenheim AG 403 Watt’s Alimentos SA 242 LVMH Moet Hennessy Louis Vuitton SE 323 Schlumberger Finance Canada Ltd 404 WDI Corp 243 Mackmyra Svensk Whisky AB 324 Sechaba Breweries Holdings Ltd 405 Willamette Valley Vineyards Inc 244 Madison Holdings Group Ltd 325 Sektkellerei J. Oppmann AG/New 406 Wine’s Link International Holdings Ltd 245 Major Holdings Ltd 326 SFP Holdings Co Ltd 407 Winsome Breweries Ltd 246 Malteries Franco Belges 327 Shanxi Xinghuacun Fen Wine Factory Co Ltd 408 Woolworths Group Ltd 247 Marani Brands Inc 328 Shede Spirits Co Ltd 409 Wowprime Corp 248 Marche Corp 329 Shepherd Neame Ltd 410 Wuliangye Yibin Co Ltd 249 Marie Brizard Wine & Spirits SA 330 Sichuan Swellfun Co Ltd 411 Xinjiang Yilite Industry Co Ltd 250 Marston’s PLC 331 Silver Base Group Holdings Ltd 412 Yamae Hisano Co Ltd 251 Masi Agricola SpA 332 Silver Oak India Ltd 413 Yamaya Corp 252 Massmart Holdings Ltd 333 Simbhaoli Sugars Ltd 414 Yantai Changyu Pioneer Wine Co Ltd 253 Max’s Group Inc 334 Simonds Farsons Cisk 415 Yomeishu Seizo Co Ltd 254 McColl’s Retail Group PLC 335 Simplicity Holding Ltd 416 Young & Co’s Brewery PLC 255 Mega Advance Investments Ltd 336 Skylark Holdings Co Ltd 417 Y’s Table Corp 256 Melstacorp PLC 337 Sociedad Agricola La Rosa Sofruco SA 418 Zambian Breweries PLC 257 Mendocino Brewing Co Inc 338 Societe Brasseries du Cameroun 419 Zhejiang Guyuelongshan Shaoxing Wine Co Ltd 258 Metcash Ltd 339 Societe de Limonaderies et Brasseries 420 Zwack Unicum Rt 259 MGP Ingredients Inc 340 Societe Des Boissons du Maroc 260 Mhethanol Co Ltd 341 SOM Distilleries And Breweries Ltd Gambling 261 Mitchells & Butlers PLC 342 SPAR Group Ltd/The 1 500.com Ltd 262 Mitsubishi Shokuhin Co Ltd 343 SSP Group Plc 2 888 Holdings PLC 263 Moa Group Ltd 344 STINAG Stuttgart Invest AG 3 Accel Entertainment Inc 264 Molson Coors Beverage Co 345 Stock Spirits Group PLC 4 ACROUD AB 265 Molson Coors Canada Inc 346 Stonegate Pub Co Financing PLC 5 Affinity Gaming 266 Molson Coors International LP 347 Takara Holdings Inc 6 Agilysys Inc 267 Monogatari Corp/The 348 Talent Yield Euro Ltd 7 AGTech Holdings Ltd 268 MS Concept Ltd 349 Talent Yield European Ltd 8 Ainsworth Game Technology Ltd 269 Muhak Co Ltd 350 Talent Yield Investments Ltd 9 Angler Gaming PLC 270 Multi Bintang Indonesia Tbk PT 351 Tanzania Breweries Ltd 10 Aquis Entertainment Ltd 271 Murree Brewery Co Ltd 352 Tasty PLC 11 Aristocrat Leisure Ltd 272 Naked Wines PLC 353 Tejon Ranch Co 12 Aspire Global PLC 273 Namibia Breweries Ltd 354 Teliani Valley Polska SA 13 Astro Corp 274 National Breweries PLC 355 Ten Allied Co Ltd 14 Atlantis Internet Group Corp 275 National Storage REIT 356 Tenwow International Holdings Ltd 15 Automatic Systems Ltd 276 New Silkroad Culturaltainment Ltd 357 Terra Mauricia Ltd 16 Axell Corp 277 Nigerian Breweries PLC 358 Texas Roadhouse Inc 17 B90 Holdings PLC 278 NoHo Partners Oyj 359 TFF Group 18 Bally’s Corp 279 OCI International Holdings Ltd 360 Thai Beverage PCL 19 Belle Corp 280 Oeneo SA 361 Thang Long Wine JSC 20 Berjaya Assets BHD 281 Oenon Holdings Inc 362 Thanh Hoa Beer JSC 21 Berjaya Corp Bhd 282 Olvi Oyj 363 Thiru Arooran Sugars Ltd 22 Berjaya Land Bhd 283 ONE Group Hospitality Inc 364 Tibet Development Co ltd 23 Berjaya Sports Toto Bhd 284 Ottakringer Getraenke AG 365 Tibet Water Resources Ltd 24 Best Of The Best PLC 285 Panache Beverage Inc 366 Tilaknagar Industries Ltd 25 bet-at-home.com AG 286 Park & Bellheimer AG 367 Todoroff AD-Sofia 26 Betsson AB 287 Pernod Ricard International Finance LLC 368 Tokyo Ichiban Foods Co Ltd 27 Better Collective A/S 288 Pernod Ricard SA 369 Tonghua Grape Wine Co Ltd 28 Blick Global Group AB

MAY 2021 15 29 Bloomberry Resorts Corp 109 Hosken Consolidated Investments Ltd 189 Resorts World Las Vegas LLC / RWLV Capital Inc 30 Boldt SA 110 Ibase Gaming Inc 190 REXLot Holdings Ltd 31 Boyd Gaming Corp 111 Imperial Pacific International Holdings Ltd 191 RGB International Bhd 32 Buena Vista Gaming Authority 112 Innodisk Corp 192 Rich Goldman Holdings Ltd 33 Butler National Corp 113 Inspired Entertainment Inc 193 Royal Highgate Plc 34 Caesars Entertainment Inc 114 International Game Technology 194 Royal International Corp 35 Caesars Entertainment Inc/old 115 International Game Technology PLC 195 Sands China Ltd 36 Caesars Holdings Inc 116 Intralot SA-Integrated Lottery Systems & Services 196 Sankyo Co Ltd 37 Caesars Resort Collection LLC / CRC Finco Inc 117 Jackpot Digital Inc 197 Sazka Group AS 38 Canterbury Park Holding Corp 118 Jacobs Entertainment Inc 198 Scientific Games Corp 39 Canterbury Park Holding Corp/Old 119 Japan Cash Machine Co Ltd 199 Scientific Games International Inc 40 Catena Media PLC 120 Jumbo Interactive Ltd 200 Sciplay Corp 41 CCM Merger Inc 121 Kai Chieh International Investment Ltd 201 Sega Sammy Holdings Inc 42 Century Casinos Inc 122 Kambi Group PLC 202 Silver Heritage Group Ltd 43 Century Entertainment International Holdings Ltd 123 Kangwon Land Inc 203 Sinopharm Tech Holdings Ltd 44 Cherry AB 124 Keck Seng Investments Hong Kong Ltd 204 Sisal Group SpA 45 China LotSynergy Holdings Ltd 125 Kinbasha Gaming International Inc 205 SJM Holdings Ltd 46 Churchill Downs Inc 126 Kindred Group PLC 206 SKYCITY Entertainment Group Ltd 47 Cirsa Finance International Sarl 127 Kingston Financial Group Ltd 207 Snaitech SpA 48 Club Hipico de Santiago SA 128 Konami Holdings Corp 208 Sociedad Hipodromo Chile 49 Codere SA/Spain 129 La Francaise des Jeux SAEM 209 Societe des Bains de Mer et du Cercle des Etrangers a 50 Contagious Gaming Inc 130 Ladbrokes Coral Group Ltd Monaco 51 Crown Resorts Ltd 131 Landing International Development Ltd 210 Societe Fermiere du Casino Municipal de Cannes 52 Cyan AG 132 Las Vegas Sands Corp 211 Societe francaise de Casinos 53 Daikoku Denki Co Ltd 133 Lasseters International Holdings Ltd 212 Sportech PLC 54 Delta Corp Ltd 134 Leisure & Resorts World Corp 213 St James House PLC 55 DFNN Inc 135 LeoVegas AB 214 Star Entertainment Grp Ltd/The 56 Donaco International Ltd 136 Loto Interactive Ltd 215 Stars Group Holdings BV / Stars Group US Co-Borrower 57 Dover Downs Gaming & Entertainment Inc 137 Lotto24 LLC 58 Downstream Development Authority of the Quapaw 138 LottoGopher Holdings Inc 216 Stars Group Inc/The Tribe of Oklahoma 139 Lottotech Ltd 217 Sterling Group Ventures Inc 59 DraftKings Inc 140 Macau Legend Development Ltd 218 Stride Gaming plc 60 Dynam Japan Holdings Co Ltd 141 Magnum Bhd 219 Studio City Co Ltd 61 Elys Game Technology Corp 142 Manila Jockey Club Inc 220 Studio City Finance Ltd 62 Emperor Entertainment Hotel Ltd 143 Mars Group Holdings Corp 221 Studio City International Holdings Ltd 63 Emperor International Holdings Ltd 144 Melco International Development Ltd 222 Success Dragon International Holdings Ltd 64 Empire Resorts Inc 145 Melco Resorts & Entertainment Ltd 223 Sugarhouse HSP Gaming Prop Mezz LP / Sugarhouse 65 Enjoy SA 146 Melco Resorts & Entertainment Philippines Corp HSP Gaming Finance Corp 66 Enlabs AB 147 Melco Resorts Finance Ltd 224 Summit Ascent Holdings Ltd 67 Ennoconn Corp 148 MGM China Holdings Ltd 225 Sun Corp 68 Entain PLC 149 MGM Growth Properties LLC 226 Sun International Ltd/South Africa 69 Enterprise Development Authority/The 150 MGM Growth Properties Operating Partnership LP / 227 Supreme Ventures Ltd 70 eQube Gaming Ltd MGP Finance Co-Issuer Inc 228 Synectics PLC 71 Estoril Sol SGPS SA 151 MGM Resorts International 229 Tabcorp Holdings Ltd 72 Eumundi Group Ltd 152 Mohegan Gaming & Entertainment 230 Table Trac Inc 73 Evergreen Gaming Corp 153 Monarch Casino & Resort Inc 231 Thunderbird Resorts Inc 74 Everi Holdings Inc 154 Mr. Green & Co AB 232 Tokyotokeiba Co Ltd 75 Evolution Gaming Group AB 155 NagaCorp Ltd 233 Tose Co Ltd 76 Fields Corp 156 NET Holding AS 234 Tourist Co of Nigeria PLC 77 Flutter Entertainment PLC 157 NetEnt AB 235 TransAct Technologies Inc 78 Fortuna Entertainment Group NV 158 New Silkroad Culturaltainment Ltd 236 Travellers International Hotel Group Inc 79 Fujishoji Co Ltd 159 Niraku GC Holdings Inc 237 Tsogo Sun Gaming Ltd 80 Full House Resorts Inc 160 Novomatic AG 238 Tsogo Sun Hotels Ltd 81 Future Gaming Group Inter AB 161 Oizumi Corp 239 Unity Software Inc 82 Galaxy Entertainment Group Ltd 162 Olympia Industries Bhd 240 Universal Entertainment Corp 83 Galaxy Gaming Inc 163 Olympic Entertainment Group AS 241 Valparaiso Sporting Club 84 Gamehost Inc 164 OPAP SA 242 VICI Properties Inc 85 Gamenet Group SpA 165 Pacific Online Systems Corp 243 VICI Properties LP / VICI Note Co Inc 86 Gamesys Group PLC 166 Paradise Co Ltd 244 Waterfront Philippines Inc 87 Gaming and Leisure Properties Inc 167 Paradise Entertainment Ltd 245 Webis Holdings PLC 88 Gaming Innovation Group Inc 168 Parpro Corp 246 William Hill PLC 89 Gaming Realms PLC 169 Penn National Gaming Inc 247 Wynn Las Vegas LLC / Wynn Las Vegas Capital Corp 90 Gamma Civic Ltd 170 pferdewetten.de AG 248 Wynn Macau Ltd 91 GAN Ltd 171 Philippine Racing Club Inc 249 Wynn Resorts Finance LLC / Wynn Resorts Capital Corp 92 GAN PLC 172 Philweb Corp 250 Wynn Resorts Ltd 93 Gateway Casinos & Entertainment Ltd 173 Phumelela Gaming & Leisure Ltd 251 Yomiuri Land Co Ltd 94 Gendai Agency Inc 174 Pinnacle Entertainment Inc 252 Zeal Network SE 95 Genting Bhd 175 PlayAGS Inc 96 Genting Malaysia Bhd 176 Playsafe Holding AS Adult Entertainment 97 Genting Singapore Ltd 177 Playtech Plc 1 Delecta Ltd 98 Global Gaming 555 AB 178 PointsBet Holdings Ltd 2 RCI Hospitality Holdings Inc 99 Glory Ltd 179 Poletowin Pitcrew Holdings Inc 3 Scores Holding Co Inc 100 GLP Capital LP / GLP Financing II Inc 180 Pollard Banknote Ltd 4 tmc Content Group AG 101 Gohl Capital Ltd 181 Premium Leisure Corp 102 Golden Entertainment Inc 182 Queenco Ltd Cannabis 103 Golden Nugget Inc 183 Quixant PLC 1 1933 Industries Inc 104 Grand Korea Leisure Co Ltd 184 Raketech Group Holding PLC 2 Aleafia Health Inc 105 Great Canadian Gaming Corp 185 Rank Group PLC 3 Aphria Inc 106 Groupe Partouche SA 186 Red Rock Resorts Inc 4 Aurora Cannabis Inc 107 Guoco Group Ltd 187 Redcape Hotel Group 5 Body and Mind Inc 108 Heiwa Corp 188 Reef Casino Trust 6 C21 Investments Inc

MAY 2021 16 7 CannaRoyalty Corp 8 Canopy Growth Corp 9 Captor Capital Corp 10 CLS Holdings USA Inc 11 Cresco Labs Inc 12 Cronos Group Inc 13 Curaleaf Holdings Inc 14 Decibel Cannabis Co Inc 15 GB Sciences Inc 16 Golden Leaf Holdings Inc 17 Green Growth Brands Inc 18 Green Thumb Industries Inc 19 Halo Collective Inc 20 Harvest Health & Recreation Inc 21 HEXO Corp 22 High Tide Inc 23 Kaya Holdings Inc 24 Luff Enterprises Ltd 25 MediPharm Labs Corp 26 MedMen Enterprises Inc 27 Mojave Jane Brands Inc 28 Nutritional High International Inc 29 Organigram Holdings Inc 30 Planet 13 Holdings Inc 31 Players Network Inc 32 Plus Products Inc 33 Terra Tech Corp 34 Tilray Inc 35 Village Farms International Inc 36 Wildflower Brands Inc

MAY 2021 17 all liability inrespect of such improper use. companies. Robeco accepts noresponsibility whatsoever for any improper use oftheinformation contained in the list of excluded companies or any takenaction asaresult thereof and disclaims a client ofRobeco Direct orfund or(2)asubsidiary family of Robeco whichapplies Robeco’s Exclusion Policy). Third should make parties theirown judgement onwhether ornotto invest in these Policy. By puttinga company onthis list Robeco isnotgivingany general recommendation orinvestment advice notto invest in such company to any third (i.e. party any which is not (1) party The publication of this list of excluded companies is for information purposes only. This list of excluded companies may be used by Robeco only as described in more detail in Robeco’s Exclusion Head of Sustainable Investing, Executive Director Robeco Institutional Asset Management B.V. [email protected] Contact 3014 ADRotterdam Carola van Lamoen www.robeco.com The Netherlands Weena 850

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