29 March, 2021 BL BL-Equities Europe B This fund is managed by BLI- Banque de Luxembourg Investments SA EFC Classification Equity Europe Price +/- Date 52wk range 103.70 EUR 0.29 25/03/2021 84.84 104.48

Issuer Profile Administrator BLI- Banque de Luxembourg Investments SA The sub-fund invests a minimum of 75% of its net assets in shares of companies whose Address 16 Boulevard Royal 1724 registered office is located in a Member State of the European Union. The balance is invested in shares of companies listed on a European regulated market. A maximum of City Luxemburg 10% of the net assets may be invested in open-ended investment funds. Tel/Fax +352 26 26 99 1 Website www.banquedeluxembourg.com Chart 5 year General Information ISIN LU0093570330 Fund Type Capitalization Quote Frequency daily 100 Quote Currency EUR Currency EUR Foundation Date 28/09/1990 90 Fund Manager Ivan Bouillot Legal Type Investment company according to Luxembourg law UCITS Yes 80 Financial Year End 30/09/2020 Fund size 383,729,683.90 EUR Minimal Order 0.00 share 70

Costs 60 Entry fee 5.00 % 2017 2018 2019 2020 2021 Exit fee 0.00 % Infront Finance Operation costs 1.25 % 38 Days 200 Days Ongoing charges 1.40 %

Fund Returns 2016 2017 2018 2019 2020 2021 Returns -1.78 16.75 -5.40 25.90 -0.56 2.32 Category Average 0.80 10.19 -11.26 25.56 1.24 6.72 Category Ranking 1288 / 1797 195 / 2003 272 / 2203 1332 / 2747 1257 / 3034 2801 / 3204 30

20

10 s e u l a V 0

-10

-20 2016 2017 2018 2019 2020 2021

Returns Category Average

Fund Ratios (end previous month) Timing YTD 1 month 6 months 1 year 3 year 5 year Performance BL BL-Equities Europe B -2.53 % -0.74 % -1.72 % 5.33 % 5.92 % 7.27 % Volatility BL BL-Equities Europe B 15.86 % 12.34 % 10.89 % 29 March, 2021 BL BL-Equities Europe B This fund is managed by BLI- Banque de Luxembourg Investments SA EFC Classification Equity Europe Price +/- Date 52wk range 103.70 EUR 0.29 25/03/2021 84.84 104.48

Participations (30/11/2020)

Novo Nordisk AS B Sika Ltd Participation Percentage Assa AbNlooyv oA BN oBrdisk AS B Sika Ltd 6.53 % Sika Ltd Sap Se 5.90 % Assa Abloy AB B PERNOD-RICARD SA Essity AB B Reg 5.75 % Sap Se sa 4.80 % PERNOD-RICARD SA se & co kgaa 4.45 % Sap Se ESSILORLUXOTTICA SA 4.25 % LVMH Moët Hennessy L Vuit SE LVMH Moët Hennessy L Vuit SE 4.10 % LVMH Moët Hennessy L Vuit SE PERNOD-RICARD SA 3.63 % Essity AB B Reg ESSILORLUXOTTICA SA Assa Abloy AB B 3.60 % Essity AB B Reg Novo Nordisk AS B 3.54 % ESSILORLUXOTTICA SA Fresenius se & co kgaa Air liquide sa

Fresenius se & co kgaa Air liquide sa

Geographical composition (30/11/2020)

Other Finland Other Spain Country Percentage Finland France 26.81 % Ireland Spain France Germany 16.12 % Denmark Ireland United Kingdom 15.62 % Denmark Switzerland 13.20 % Sweden Sweden 10.91 % Sweden Denmark 8.13 % Ireland 3.26 % Spain 2.93 % Finland 2.28 % Switzerland Germany Other 0.02 % Switzerland Germany

United Kingdom

United Kingdom Sector composition (30/11/2020)

Healthcare Facilities & Services Personal Products Electrical Components & Equipment Healthcare Facilities & Services Personal Products ElecBtruicsainl eCsosm Spuopnpeonrtts S &e rEvqicueipsment Business Support Services Construction Supplies & Fixtures Sector Percentage Specialty Chemicals Construction Supplies & Fixtures Personal Products 12.40 % Specialty Chemicals Specialty Chemicals 11.68 % Commodity Chemicals Pharmaceuticals 8.97 % Commodity Chemicals Software 8.86 % Pharmaceuticals Apparel, Accessories & Luxury Goods 8.35 % Apparel, Accessories & Luxury Goods Commodity Chemicals 6.87 % Software Pharmaceuticals Apparel, Accessories & Luxury Goods Construction Supplies & Fixtures 5.54 % Software Business Support Services 4.84 % Electrical Components & Equipment 4.58 % Healthcare Facilities & Services 4.45 %