PAN EUROPEAN ESG EQUITIES - AE EUR THREADNEEDLE (LUX) PROFESSIONAL INVESTORS (FOR MARKETING PURPOSES) - ALL DATA AS AT 31 AUGUST 2021 SICAV United Kingdom Investment Objective & Policy The Fund aims to increase the value of your investment over the long term by investing in companies with strong or improving environmental, social and governance (ESG) Contact Details characteristics. It looks to outperform the MSCI Europe Index after the deduction of charges. The Fund invests at least two thirds of its assets in shares of large companies in Europe, including the UK, or companies that have significant operations there. Tel: +352 46 40 10 7190* The Fund may also invest in asset classes and instruments different from those stated above. [email protected] The fund manager focuses on selecting companies with strong or improving ESG characteristics, as outlined in the Fund’s ESG Investment Guidelines. Those companies will *Please note that calls and electronic communications demonstrate leadership through strong ESG practices. The fund manager also aims to exclude companies that are unable to satisfy those guidelines. The Fund’s ESG Investment Guidelines are available on request and on the Columbia Threadneedle Investments website. may be recorded. The fund manager will use measures that compare the ESG characteristics of the Fund against the MSCI Europe Index. This index also provides a helpful benchmark against which the IFDS, 47, avenue J.F. Kennedy, L-1855, Luxembourg financial performance can be compared and has been chosen for these purposes as a good representation of large and medium-sized companies within European developed market countries (including the UK). The index is not designed to specifically consider environmental or social characteristics. Fund Manager: Dan Ison, Ann Steele Deviations from the index, including guidelines on the level of risk relative to the index, will be considered as part of the fund manager’s risk monitoring process, to ensure the overall level of risk is broadly consistent with the index. In line with its active management strategy, there may be significant deviation from the index. In keeping with its ESG Investment Guidelines, Since: Sep-09, Sep-18 the Fund will not invest in some sectors and companies in the index. The Fund is categorised as one that promotes environmental or social characteristics under Article 8 of the EU Regulation 2019/2088 on sustainability-related disclosures in the financial Management Co: Threadneedle Man. Lux. S.A. services sector (SFDR). Fund Inception Date: 31/10/93 Index: MSCI Europe (inc UK) Peer Group: - Investment Approach Fund Currency: EUR The fund invests mainly in European equities and typically holds between 50 and 70 positions. The fund offers a core, diversified strategy aiming to outperform the index but with an awareness of index weightings and risk. Fund Domicile: Luxembourg XD Date: - Research is carried out by our European team across a wide range of stocks including mid-sized and smaller companies, Pay Date: - although the prime focus for this fund is on larger companies. Access to company management is an important part of our research process and we have over 1000 contacts with management per annum. The fund combines a bottom-up, stock- Portfolio Size: €442.4m picking process with a top-down, macroeconomic understanding. No. of Securities: 53 All information expressed in EUR In order to manage risk we monitor sector and stock weightings relative to the index, although we are not constrained by mechanistic limits on country weightings barring those which are required under applicable regulations. PAN EUROPEAN ESG EQUITIES - AE EUR ISIN: LU0061476155 Share Class Price: 88.7014 Ongoing Charges (OCF): 1.55% (as at 31/03/21) Performance Fee: No The ongoing charges figure (OCF) is usually based on the last year’s expenses and may vary from year to year. It includes charges such as the fund’s annual management charge, registration fee, custody fees 5 Years (EUR) Calendar Years (EUR) and distribution cost but excludes the costs of buying or selling assets for the fund (unless these assets are shares of another fund). For a 160 30% more detailed breakdown please visit www.columbiathreadneedle.com/fees. In some cases, the ongoing 150 20% charges figure may be based on an estimate of future charges, either because the share/unit class is relatively new and has an insufficient 140 10% track record to be calculated exactly, or if historic figures are unlikely to 130 accurately reflect future ongoing costs. Please see table of Share Classes available on page 4. 120 0% 110 -10% Fund Changes 100 For detailed information on Fund Changes please see "Significant Events - Threadneedle (Lux) Funds" PDF available on https:// 08/16 08/17 08/18 08/19 08/20 08/21 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 www.columbiathreadneedle.com/en/changes Share Class Index Share Class Index Annualised Performance (EUR) Ratings/Awards 1M 3M 6M YTD 1 YR 2 YR 3 YR 5 YR 10 YR SI Share Class (Net) 3.0 7.4 20.4 22.3 33.7 19.9 12.6 10.3 10.5 -- Fund (Gross) 3.1 7.7 21.4 23.6 35.9 22.0 14.8 12.5 12.6 -- Index (Gross) 2.0 5.7 18.2 20.3 31.5 13.3 9.8 9.5 10.2 -- For more information on the methodology of the Morningstar rating Since Inception Returns from: 18/10/95 please visit www.morningstar.com Calendar Year Performance (EUR) 12M Rolling Period (EUR) 2020 2019 2018 2017 2016 09/20 - 09/19 - 09/18 - 09/17 - 09/16 - 08/21 08/20 08/19 08/18 08/17 Share Class (Net) 6.4 31.3 -15.7 9.2 -3.6 33.7 7.5 -0.7 4.4 9.5 Fund (Gross) 8.4 34.3 -14.0 11.4 -2.3 35.9 9.5 1.7 6.4 11.8 Index (Gross) -2.8 26.9 -10.0 10.9 3.2 31.5 -2.4 3.1 5.5 12.5 Net returns – Net (of fee) returns assume income is reinvested for a local taxpayer, bid to bid performance (which means performance does not include the effect of any initial charges). Source Copyright © 2021 Morningstar UK Limited. Gross Fund returns - Gross Fund returns (where shown) are in-house calculated daily time weighted based on global close valuations with cash flows at start of day and are gross of fees. Past performance is not a guide to future performance. The performance data does not take account of the commissions and costs incurred on the issue and redemption of units. The value of investments and any income is not guaranteed and can go down as well as up and may be affected by exchange rate fluctuations. This means that an investor may not get back the amount invested. Index returns assume reinvestment of dividends and capital gains and unlike fund returns do not reflect fees or expenses. The index is unmanaged and cannot be invested directly.

Source: FactSet For CTI's use only: SXEURO Top 10 Holdings (%) Fund Currency Exposure including Hedging Security Name Fund Index ASML Holding NV 5.5 3.1 Information Technology

Sika AG 3.3 0.5 Materials EUR 57.7% Teleperformance SA 3.2 0.2 Industrials GBP 18.7% LVMH Moet Hennessy Louis Vuitton SE 3.0 1.8 Consumer Discretionary CHF 11.7% DKK 6.8% 3i Group plc 2.6 0.2 Financials SEK 3.5% L'Oreal SA 2.5 1.0 Consumer Staples NOK 1.5% USD 0.0% Novo Nordisk A/S Class B 2.5 1.5 Health Care SGD 0.0% Ashtead Group plc 2.4 0.3 Industrials St. James's Place Plc 2.4 0.1 Financials AstraZeneca PLC 2.4 1.6 Health Care

Total 29.8 10.3 All % are as at calendar month end based at global close gross valuation point and on a look- through exposure basis to underlying assets including forward currency positions. Weightings (%) Sector Fund Index Diff Country Fund Index Diff Financials 20.6 15.5 5.2 France 20.4 17.6 2.8 Industrials 17.8 15.0 2.8 United Kingdom 18.5 21.9 -3.4 Consumer Discretionary 15.6 11.7 3.8 Germany 14.6 14.3 0.3 Information Technology 13.6 9.0 4.6 Switzerland 11.7 15.4 -3.6 Materials 11.1 8.2 2.9 Netherlands 9.9 7.6 2.2 Health Care 9.0 14.6 -5.6 Denmark 6.8 4.2 2.6 Consumer Staples 4.5 12.4 -7.9 Ireland 4.5 1.1 3.4 Communication Services 3.1 3.8 -0.7 Italy 4.5 3.8 0.7 Utilities 2.7 4.3 -1.6 Sweden 3.5 5.8 -2.3 Energy 1.5 4.1 -2.6 Belgium 2.0 1.4 0.6 Real Estate -- 1.4 -1.4 Finland 1.5 1.7 -0.1 Cash Equivalents 0.0 -- 0.0 Other 1.5 5.2 -3.7 Cash 0.5 -- 0.5 Cash Equivalents 0.0 -- 0.0 Cash 0.5 -- 0.5 Top 10 Overweight/Underweight (%) 3 Month Largest Position Changes Overweight Fund Index Diff Underweight Fund Index Diff Security Name 3 Mth Change Teleperformance SA 3.2 0.2 2.9 Novartis AG -- 1.8 -1.8 KBC Group N.V. 2.0 Sika AG 3.3 0.5 2.8 SAP SE -- 1.4 -1.4 Zalando SE 1.5 ASML Holding NV 5.5 3.1 2.5 -- 1.4 -1.4 Koninklijke N.V. -1.3 3i Group plc 2.6 0.2 2.4 PLC -- 1.3 -1.3 adidas AG -1.1 St. James's Place Plc 2.4 0.1 2.3 Nestle S.A. 2.0 3.2 -1.2 Prosus N.V. Class N -1.0 Linde plc 2.1 -- 2.1 Siemens AG -- 1.1 -1.1 ASML Holding NV 1.0 Ashtead Group plc 2.4 0.3 2.1 Sanofi -- 1.0 -1.0 Knorr-Bremse AG -0.9 Kingspan Group Plc 2.2 0.2 2.1 Diageo plc -- 1.0 -1.0 Vodafone Group Plc -0.9 Persimmon Plc 2.1 0.1 2.0 TotalEnergies SE -- 1.0 -1.0 JD Sports Fashion Plc 0.9 CRH Plc 2.3 0.4 1.9 HSBC Holdings Plc -- 1.0 -1.0 Whitbread PLC -0.8

Top Positive/Negative Security Attribution (3 Months) Fund Index Attri. Fund Index Attri. Contr. Geo. Contr. Geo. Avg. Total Avg. Total Avg. Total Avg. Total To Total To Total Security Name - 10 Highest Weight Return Weight Return Security Name - 10 Lowest Weight Return Weight Return Return Effect Return Effect ASML Holding NV 4.9 28.7 1.3 2.7 28.7 0.4 Volkswagen AG Pref 1.9 -10.1 -0.2 0.5 -8.2 -0.2 Kingspan Group Plc 2.1 25.6 0.5 0.1 25.9 0.3 Persimmon Plc 2.2 -3.4 -0.1 0.1 -3.1 -0.2 Teleperformance SA 3.0 19.0 0.5 0.2 19.0 0.3 Rio Tinto plc 2.6 -4.9 -0.1 0.8 -4.6 -0.2 Lonza Group AG 1.6 36.0 0.5 0.5 36.1 0.3 Allianz SE 2.1 -7.9 -0.2 0.9 -7.6 -0.2 Sika AG 3.2 16.0 0.5 0.4 16.0 0.3 Worldline SA 1.5 -4.6 -0.1 0.2 -3.8 -0.2 HSBC Holdings Plc ------1.1 -13.8 0.2 Zalando SE 0.9 -8.8 -0.1 0.2 7.3 -0.2 Novo Nordisk A/S Class B 2.3 31.2 0.7 1.4 31.1 0.2 Adyen NV ------0.5 44.7 -0.2 St. James's Place Plc 2.2 16.1 0.3 0.1 16.4 0.2 Neste Corporation 1.6 -4.8 -0.1 0.2 -4.4 -0.1 IMCD N.V. 0.9 27.0 0.2 -- -- 0.2 Vodafone Group Plc 2.0 -1.8 -0.1 0.4 -1.7 -0.1 ASM International N.V. 1.0 27.7 0.3 0.1 27.8 0.2 BNP Paribas SA Class A 2.0 -3.9 -0.1 0.6 -3.8 -0.1

Page 2 - Pan European ESG Equities - AE EUR Monthly Net Returns 20%

15% 12.5% 10% 6.6% 6.4% 5.5% 5.4% 5.0% 4.9% 4.9% 4.3% 4.3% 4.1%

5% 3.8% 3.4% 3.4% 3.2% 3.3% 3.0% 2.9% 3.0% 3.0% 3.0% 2.8% 2.6% 2.6% 2.6% 2.3% 1.9% 1.8% 1.7% 1.7% 1.3% 1.4% 1.2% 0.5% 0.4% 0% 0.2% 0.2% Return -0.1% -0.2% -0.4% -0.4% -0.4% -0.6% -1.1% -1.1% -1.3% -1.3%

-5% -1.6% -1.7% -1.9% -2.8% -2.9% -3.1% -4.3% -4.5% -4.6%

-10% -6.0% -7.4% -8.7% -15% -11.2%

-20% 09/16 03/17 09/17 03/18 09/18 03/19 09/19 03/20 09/20 03/21

Net Returns - All performance is sourced from Morningstar. Returns are calculated on a bid-bid basis and are net of all other expenses. Returns assume income is invested for local taxpayer. Gross Returns - Gross Fund returns (where shown) are inhouse calculated daily time weighted based on global close valuations with cash flows at start of day and are gross of fees. Relative returns are calculated on a geometric basis. Past performance is not a guide to future performance. The value of investments and any income from them can fall as well as rise. All positions are based on gross portfolio asset valuations at global close. Groupings of securities, e.g. sectors are in-house defined and are for comparative purposes only. Risk Analysis Portfolio Statistics Market Cap Breakdown Chart 3 YR 5 YR Fund Index Fund Index Fund Index Price to Earnings 24.2 19.5

Absolute Volatility 16.2 16.6 13.7 13.9 Price to Book 2.6 2.1 >250bn 13.0% Relative Volatility 1.0 -- 1.0 -- 150bn - 250bn 5.1% Tracking Error 3.9 -- 3.8 -- Dividend Yield 1.9 2.3 100bn - 150bn 8.5% 50bn - 100bn 16.5% Sharpe Ratio 0.9 -- 0.9 -- Return On Assets 0.6 0.5 20bn - 50bn 32.5% Information Ratio 1.3 -- 0.8 -- 10bn - 20bn 21.3% Return on Equity 10.6 10.9 5bn - 10bn 3.2% Beta 1.0 -- 0.9 -- Active Share 72.2 -- Sortino Ratio 1.5 -- 1.5 -- Jensen Alpha 5.5 -- 3.5 --

Annualised Alpha 5.1 -- 3.3 -- Currency: EUR Analytics are based on global close valuations using Columbia Alpha 0.4 -- 0.3 -- Drawdown Max Drawdown -17.7 -22.5 -17.7 -22.5 Threadneedle Investments sourced market attributes. Underlying securities data may be provisional or based on 0% R² 94.5 -- 92.6 -- estimates. Market cap weightings include cash in the % Ex post risk calculations are based on monthly gross global close returns. calculations. -5%

-10%

-15%

-20%

09/16 05/17 01/18 09/18 05/19 01/20 09/20 05/21 Fund Index

Performance Attribution (Year to Date) Total Effect Analysis (Year to Date) Geometric Attrib. Industrials Total 4 Var. In Fund Index Rel. Index

Avg. Total Total Total Rel. to Alloc. Selec. Total Consumer Discretionary Weight Return Return Return Total Effect Effect Effect 2 Communication Services -0.4 7.3 17.9 -9.0 -2.0 0.0 -0.3 -0.3 Communication Services Consumer Discretionary 3.5 11.0 17.2 -5.3 -2.6 -0.1 -0.8 -0.9 Real Estate 0 Consumer Staples Utilities -7.7 22.2 12.4 8.7 -6.6 0.4 0.4 0.8 Energy Energy -2.4 -13.6 17.5 -26.5 -2.3 0.2 -0.9 -0.7 Financials -2 Financials 3.1 29.5 21.8 6.2 1.2 -0.2 1.2 1.0 Information Technology Health Care -4.7 26.8 21.1 4.7 0.6 -0.1 0.4 0.3 Materials -4 Industrials 3.0 37.6 24.4 10.6 3.4 0.1 1.8 1.9 Variation in Average Weight Information Technology 4.2 36.4 37.0 -0.4 13.9 0.5 0.0 0.5 Health Care Materials 3.0 29.9 23.3 5.4 2.4 0.1 0.6 0.7 -6 Real Estate -0.9 -8.2 14.9 -20.1 -4.6 0.0 -0.1 -0.1 Consumer Staples Utilities -1.7 -10.9 5.7 -15.7 -12.1 0.2 -0.5 -0.3 -8 Total -- 23.6 20.3 2.7 -- 1.0 1.7 2.7 -25 -20 -15 -10 -5 0 5 10 Relative Total Return Performance Attribution - Rolling 3 Month Total Effects 3 Month Effect Totals

Geometric Attrib. 2.5 Alloc. Selec. Total Fund Index 2.0 Total Total Alloc. Selec. Total 1.5 Return Return Effect Effect Effect 1.0 Aug-20 - Nov-20 6.8 6.8 0.3 -0.3 0.0 0.5 Nov-20 - Feb-21 4.9 4.2 1.5 -0.9 0.6 0.0 Feb-21 - May-21 12.7 11.9 0.0 0.8 0.7 -0.5 -1.0 May-21 - Aug-21 7.7 5.7 0.0 1.9 1.9 -1.5 11/20 02/21 05/21 08/21

Attribution analysis is calculated on a daily geometric basis unless otherwise stated. Fund returns may result in residual factors when compared to geometric attribution total returns due to data and calculation methodologies. Variation in weights is the average daily under/overweight position of the fund verses the index over the period. The Attribution table and graph only display a maximum of 12 groupings based on the highest portfolio end weight. The Rolling 3 Month Total Effect Attribution summary is based on the same groupings as the Year to Date Attribution.

Page 3 - Pan European ESG Equities - AE EUR Share Classes Available Entry WKN/ Share Class Curr Tax OCF OCF Date Min Inv. Launch ISIN SEDOL BBID Valor/ Hedged Charge CUSIP AE Acc EUR Gross 1.55% 31/03/21 5.00% 2,500 31/10/95 LU0061476155 B15H8N1 EPCEUEI LX 974982 No AE Acc USD Gross 1.55% 31/03/21 5.00% 2,500 02/02/05 LU0757432116 B8F1P64 EPCEUED LX A1JVMA No ASH Acc SGD Gross 1.55% 31/03/21 5.00% 2,500 23/03/12 LU0640478417 BH6XZX9 TPEEASH LX A1JV3F Yes AUH Acc USD Gross 1.55% 31/03/21 5.00% 2,500 24/10/13 LU0972486137 BJFLDS9 TPEEAUH LX A1W7RU Yes DE Acc EUR Gross 1.75% 31/03/21 1.00% 2,500 06/09/99 LU0096368971 B6YTX38 AEFEUED LX 935525 No DE Acc USD Gross 1.75% 31/03/21 1.00% 2,500 03/01/00 LU0757432207 B8F4TC7 TPEEDEE LX A1JVMB No IE Acc EUR Gross 0.80% 31/03/21 0.00% 100,000 30/06/08 LU0329573405 B6YTXX8 EPCEUIE LX A0PAM5 No IE Acc USD Gross 0.80% 31/03/21 0.00% 100,000 30/06/08 LU0757432389 B8F0HK9 TPEEIEE LX A1JVMC No ZUH Acc USD Gross 1.00% 31/03/21 5.00% 2,000,000 22/09/14 LU0957799991 BQ3BG47 TPEEZUH LX A12ACJ Yes The Share Class currency, unless indicated as a Hedged Share Class, is a translated price using exchange rates at the official valuation point of the fund. This is intended as a way to access a Share Class in your chosen currency and does not reduce your overall exposure to foreign currency. The fund currency indicates the highest currency exposure of the fund unless the currency breakdown is detailed in the Weightings % table on page 2.

Risks Opportunities nThe value of investments can fall as well as rise and investors might not get back the sum originally invested. nProvides exposure to a diverse range of countries and sectors. nWhere investments are in assets that are denominated in multiple currencies, or currencies other than your nA focus on quality companies that are likely to outperform over the long- own, changes in exchange rates may affect the value of the investments. term. nThe Fund aims to invest in companies with strong or improving environmental, social and governance (ESG) nHas the flexibility to pursue investment opportunities wherever they exist characteristics, as outlined in the fund's ESG Investment Guidelines. The Guidelines will affect the Fund’s in the European market. exposure to certain sectors, which may impact the performance of the Fund positively or negatively relative to nManaged by a multi-disciplinary team that have broad experience of all a benchmark or other funds without such restrictions. market conditions. nThe Fund may invest in derivatives with the aim of reducing risk or minimising the cost of transactions. Such derivative transactions may benefit or negatively affect the performance of the Fund. The Manager does not intend that such use of derivatives will affect the overall risk profile of the Fund.

Important Information For use by Professional and/or equivalent investor types in your jurisdictions only (not to be used with or passed on to retail clients). Past performance is not a guide to future performance. The value of investments and any income is not guaranteed and can go down as well as up and may be affected by exchange rate fluctuations. This means that an investor may not get back the amount invested. Your capital is at Risk. Threadneedle (Lux) is an investment company with variable capital (Société d’investissement à capital variable, or "SICAV") formed under the laws of the Grand Duchy of Luxembourg. The SICAV issues, redeems and exchanges shares of different classes. The management company of the SICAV is Threadneedle Management Luxembourg S.A, which is advised by Threadneedle Asset Management Ltd. and/or selected sub-advisors. Certain sub-funds of the SICAV are registered in Austria, Belgium, Denmark, France, Finland, Germany, Hong Kong, Ireland, Italy, Liechtenstein, Luxembourg, Macau, the Netherlands, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the UAE and the UK; however, this is subject to applicable jurisdictions and some sub-funds and/or share classes may not be available in all jurisdictions. Shares in the Funds may not be offered to the public in any other country and this document must not be issued, circulated or distributed other than in circumstances which do not constitute an offer to the public and are in accordance with applicable local legislation. This material is for information only and does not constitute an offer or solicitation of an order to buy or sell any securities or other financial instruments, or to provide investment advice or services. Subscriptions to a Fund may only be made on the basis of the current Prospectus and the Key Investor Information Document, as well as the latest annual or interim reports and the applicable terms & conditions. Please refer to the ‘Risk Factors’ section of the Prospectus for all risks applicable to investing in any fund and specifically this Fund. Documents other than KIIDs are available in English, French, German, Portuguese, Italian, Spanish and Dutch (no Dutch Prospectus). KIIDs are available in local languages. The summary of investor rights is available on our website in English. Documents can be obtained free of charge on request by writing to the management company at 44, rue de la Vallée, L-2661 Luxembourg, Grand Duchy of Luxembourg, from International Financial Data Services (Luxembourg) S.A. at 47, avenue John F. Kennedy, L-1855 Luxembourg, Grand Duchy of Luxembourg, from www.columbiathreadneedle.com and/or from JPMorgan Worldwide Securities Services, 60 Victoria Embankment, London EC4Y 0JP. Threadneedle Management Luxembourg S.A. may decide to terminate the arrangements made for the marketing of the Fund. Portfolio positions are based on asset valuations at global close (not official NAV time). Historic Yield reflects distributions declared over the past 12 months. Distribution Yield reflects the amount that may be expected to be distributed over the next 12 months. Underlying Yield reflects the annualised income net of expenses of the fund. Yields shown do not include any preliminary charge and investors may be subject to tax on their distributions. Threadneedle Management Luxembourg S.A. Registered with the Registre de Commerce et des Sociétés (Luxembourg), Registered No. B 110242, 44, Rue de la Vallee, L-2661 Luxembourg, Grand Duchy of Luxembourg. In the UK issued by Threadneedle Asset Management Limited. Registered in England and Wales, Registered No. 573204, Cannon Place, 78 Cannon Street, London EC4N 6AG, United Kingdom. Authorised and regulated in the UK by the Financial Conduct Authority. Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies.

Index data Source: MSCI. The MSCI information may only be used for your internal use, may not be reproduced or re-disseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI information is provided on an "as is" basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved in or related to compiling, computing or creating any MSCI information (collectively, the "MSCI parties") expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com) The Global Industry Classification Standard (“GICS”) was developed by and is the exclusive property and a service mark of MSCI Inc. (“MSCI”) and Standard & Poor’s, a division of The McGraw-Hill Companies Inc. (“S&P”) and is licensed for use by Threadneedle Asset Management Limited. Neither MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any of such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential, or any other damages (including lost profits) even if notified of the possibility of such damages. Some of these identifiers have been determined by Threadneedle Asset Management Limited, may vary from the official classifications within Global Industry Classification System (GICS) and are not supported or sponsored by GICS providers MSCI or Standard & Poor’s.

Page 4 - Pan European ESG Equities - AE EUR Modified Date - 16 September 2021