Independent Auditor's Limited Assurance

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

Independent Auditor's Limited Assurance Report of Old Mutual Unit Trust Managers (RF) (Pty) Ltd (the “Manager”) To the unitholders of Old Mutual Multi-Managers Aggressive Balanced Fund

We have undertaken our limited assurance engagement to determine whether the attached Schedule IB ‘Assets of the Fund held in compliance with Regulation 28’ at 31 December 2019 (the “Schedule”) has been prepared in terms of the requirements of Regulation 28 of the Pension Funds Act of South Africa (the “Regulation”) for Old Mutual Multi-Managers Aggressive Balanced Fund (the “Portfolio”), as set out on pages 4 to 50. Our engagement arises from our appointment as auditor of the Old Mutual Unit Trust Managers (RF) (Pty) Ltd and is for the purpose of assisting the Portfolio’s unitholders to prepare the unitholder’s Schedule IB ‘Assets of the Fund held in compliance with Regulation 28’ in terms of the requirements of Regulation 28(8)(b)(i). The Responsibility of the Directors of the Manager The Directors of the Manager are responsible for the preparation of the Schedule in terms of the requirements of the Regulation, and for such internal control as the Manager determines is necessary to enable the preparation of the Schedule that is free from material misstatements, whether due to fraud or error. Our Independence and Quality Control We have complied with the independence and other ethical requirements of Sections 290 and 291 of the Independent Regulatory Board for Auditors’ Code of Professional Conduct for Registered Auditors (Revised January 2018) and parts 1 and 3 of the Independent Regulatory Board for Auditors’ Code of Professional Conduct for Registered Auditors (Revised November 2018) (together the IRBA Codes), which are founded on fundamental principles of integrity, objectivity, professional competence and due care, confidentiality and professional behaviour. The IRBA Codes are consistent with the corresponding sections of the International Ethics Standards Board for Accountants’ International Code of Ethics for Professional Accountants and the International Ethics Standards Board for Accountants’ Code of Ethics for Professional Accountants (including International Independence Standards) respectively.

KPMG Incorporated is a company incorporated under the South African Companies Act and a member firm of the KPMG network of independent member firms affiliated Chairman: Prof W Nkuhlu with KPMG International Cooperative ("KPMG International"), a Swiss entity. Chief Executive: I Sehoole Directors: Full list on website KPMG Incorporated is a Registered Auditor, in public practice, in terms of the Auditing Profession Act 26 of 2005. The company's principal place of business is at KPMG Crescent, 85 Empire Road, Parktown. Registration number 1999/021543/21 1 Independent Auditor's Limited Assurance Report of Old Mutual Unit Trust Managers (RF) (Pty) Ltd (the “Manager”) 30 June 2020

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

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

The procedures performed in a limited assurance engagement vary in nature and timing, and are less in extent than for a reasonable assurance engagement. Consequently, the level of assurance obtained in a limited assurance engagement is substantially lower than the assurance that would have been obtained had we performed a reasonable assurance engagement. Accordingly, we do not express a reasonable assurance opinion about whether the Schedule has been prepared in terms of the requirements of the Regulation. We believe that the evidence obtained as part of our limited assurance engagement is sufficient and appropriate to provide a basis for our limited assurance conclusion expressed below. Limited Assurance Conclusion Based on the procedures we have performed and the evidence we have obtained, nothing has come to our attention that causes us to believe that the Schedule IB ‘Assets of the Fund held in compliance with Regulation 28’ at 31 December 2019 by the Old Mutual Multi-Managers Aggressive Balanced Fund, has not been prepared in terms of the requirements of Regulation 28(8)(b)(i) of the Pension Funds Act of South Africa. Emphasis of Matter We draw attention to Page 50 of Schedule IB which indicates that the fund breached the foreign exposure limitation, as at 31 December 2019. The breaches occurred as a result of market movements. These breaches have been date-stamped and will be rectified within the required 12-month period as per Regulation 28. Our opinion is not modified in respect of this matter. Restriction on Use and Distribution This report is prepared in terms of the requirements of Regulation 28(8)(b)(i)(aa) and is intended only for the Manager and Portfolio’s unitholders for the purpose indicated in the first paragraph. Consequently, the Schedule and our report may not be suitable for another purpose and is not to be used for any other purpose nor distributed to any other parties.

KPMG Inc

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

3 SCHEDULE IB ASSETS HELD IN COMPLIANCE WITH REGULATION 28 OLD MUTUAL MULTI-MANAGERS AGGRESSIVE BALANCED FUND OF FUNDS as at 12/31/2019 R A Total assets (Schedule IA -Total investments) 615 047 379

B1 Less: Reg 28 compliant investments (certificate received from issuing entity):- 9 666 782 B.1.1 Collective Investment Schemes (Reg 28(8)(b)(i)) 9 666 782 B.1.2 Linked Policies (Reg 28(8)(b)(ii)) B.1.3 Non-linked policies (Reg 28(8)(b)(iii)) B.1.4 Entity regulated by FSB (Reg 28(8)(b)(iv))

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

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

D TOTAL ASSETS FOR REGULATION 28 DISCLOSURE 605 380 597

E Timing Differences - Note 1 (2 685 781)

D Value of corresponding Assets per statement of funds and Net Asset Value 612 361 598

1 CASH 100% 27 658 947 4.50% 1.1 Notes, deposits, money market instruments issued by a South African Bank, margin accounts, settlement accounts with an exchange and Islamic 100% 22 160 877 3.60% liquidity management financial instruments (a) Notes and coins, any balance or deposit in an account held with a South 100% 11 834 423 1.92% African bank ABSA Bank Limited 25% 528 0.00% Accounting Entries - provisions, settlement accoun 25% (106 326) -0.02% African Bank Ltd 25% 7 848 0.00% Bank issuer unknown 25% 308 115 0.05% BARCLAYS AFRICA GROUP LIMITED 25% 25 985 0.00% Firstrand Bank Limited 25% 17 055 0.00% HSBC Bank USA 25% 67 493 0.01% Investec Bank Limited 25% 68 229 0.01% Nedbank Limited 25% 3 041 962 0.49% Standard Bank of South Africa Ltd 25% 8 403 535 1.37% (b) A money market instrument issued by a South African bank including an Islamic liquidity management financial instrument 100% 9 031 742 1.47% ABSA Bank Limited 25% 15 298 0.00% ABSA Bank Ltd 25% 1 410 0.00% Bank of Montreal 25% 555 336 0.09% BNP Paribas Personal Finance South Africa Ltd 25% 33 316 0.01% Development Bank of Southern Africa 25% 0 0.00% Firstrand Bank Limited 25% 3 631 020 0.59% Investec Bank Limited 25% 189 599 0.03% Investec Holdings Ltd 25% 20 908 0.00% Land and Agricultural Development Bank of South Af 25% 2 064 0.00% Liberty Group Ltd 25% 110 310 0.02% Nebank Ltd 25% 6 315 0.00%

4 Nedbank Bank Ltd 25% 70 471 0.01% Nedbank Limited 25% 2 816 991 0.46% Standard Bank of South Africa Ltd 25% 1 578 704 0.26% (c) Any positive net balance in a margin account with an exchange 100% 1 294 712 0.21% SAFEX 25% 1 294 712 0.21% (d) Any positive net balance in a settlement account with an exchange, 100% operated for the buying and selling of assets 25%

1.2 Balances or deposits, money market instruments issued by a foreign bank SARB including Islamic liquidity management financial instruments maximum 5 498 070 0.89% limits (a) Any balance or deposit held with a foreign bank 25% 5 499 216 0.89% Bank issuer unknown 5% (142) 0.00% Bank of New York Mellon 5% 726 429 0.12% BBH Luxemborg 5% 860 916 0.14% Brown Brothers Harriman & Co. 5% 576 091 0.09% Citibank N.A. 5% 1 245 905 0.20% EURO CURRENCY 5% 3 186 0.00% JAPANESE YEN 5% 708 0.00% JPMorgan Chase & Co 5% 114 840 0.02% State Street Bank 5% 1 921 500 0.31% State Street Bank and Trust Co 5% 45 436 0.01% Unknown Issuer 5% 4 348 0.00% (b) Any balance or deposit held with an African bank 25% (1 994) 0.00% Bank of New York Mellon 5% 0 0.00% Hongkong and Shangai Banking Corporation 5% 3 336 0.00% HSBC Egypt 5% (61 341) -0.01% Stanbic Holdings Plc 5% 30 866 0.01% Standard Bank of South Africa Ltd 5% 25 146 0.00% (c) A money market instrument issued by a foreign bank including an Islamic liquidity management financial instrument 25% 848 0.00% ABSA Bank Limited 5% 848 0.00%

2 DEBT INSTRUMENTS INCLUDING ISLAMIC DEBT INSTRUMENTS 100% issued / guarantee 106 998 763 17.40% by Republic, 2.1 Inside the Republic 75/100% 106 766 120 17.36% (a) Debt instruments issued by, and loans to, the government of the Republic, and any debt or loan guaranteed by the Republic 100% 69 130 086 11.24% (b) Debt instruments issued or guaranteed by the government of a foreign country 75% 56 192 0.01% Investec Holdings Ltd 10% 814 0.00% UK TREASURY BILL GBP 10% 55 378 0.01%

(c)(i) Listed on an exchange with an issue market capitalisation of R20 billion or more, or an amount or conditions as prescribed 75% 15 841 883 2.58% ABSA Bank Limited 25% 1 295 883 0.21% BARCLAYS AFRICA GROUP LIMITED 25% 158 266 0.03% Firstrand Bank Limited 25% 7 504 950 1.22% 5 Investec Bank Limited 25% 374 582 0.06% Investec Holdings Ltd 25% 138 394 0.02% Nedbank Limited 25% 2 754 795 0.45% Standard Bank of South Africa Ltd 25% 3 615 012 0.59%

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

(c)(iii) Listed on an exchange with an issuer market capitalisation of less than R2 billion, or an amount or conditions as prescribed 75% 551 021 0.09% African Bank Ltd 10% 550 616 0.09% Nedbank Limited 10% 405 0.00%

(c)(iv) Not listed on an exchange 5% 122 753 0.02%

Firstrand Bank Limited 5% (8 632) 0.00% Nedbank Limited 5% 132 439 0.02% Residual Debt Services Limited (African Bank -Old 5% 0 0.00% Standard Bank of South Africa Ltd 5% (1 054) 0.00%

(d) Debt instruments issued or guaranteed by an entity that has equity listed on an exchange, or debt instruments issued or guaranteed by a public entity under the Public Finance Management Act, 1999 (Act No. 1 of 1999) as 50% 10 399 227 1.69% prescribed:-

(d)(i) Listed on an exchange 50% 9 879 494 1.61% Airports Company of South Africa Limited 10% 143 566 0.02% Barloworld Ltd 10% 1 366 0.00% Bidvest Group Ltd 10% 637 0.00% Emira Property Fund 10% 2 325 0.00% EQSTRA CORPORATION (PROPRIETARY) LIMITED 10% 84 353 0.01% Eskom Holdings Ltd 10% 4 936 134 0.80% Fortress Income Fund Ltd 10% 2 179 0.00% Growthpoint Properties Ltd 10% 207 682 0.03% Liberty Group Ltd 10% 169 475 0.03% MMI Holdings Ltd 10% 432 138 0.07% MOBILE TELEPHONE NETWORKS HOLDINGS LIMITED 10% 1 896 0.00% MTN Group Ltd 10% 4 301 0.00% Northam Platinum Ltd 10% 218 808 0.04% OLD MUTUAL LIMITED 10% 142 660 0.02% PRUDENTIAL CORP PLC 10% 2 500 300 0.41% Redefine Properties Ltd 10% 0 0.00% SAFEX 10% (21 894) 0.00% The Industrial Development Corporation of South Af 10% 140 846 0.02% Toyota Financial Services (SA) Ltd 10% 320 0.00% Transnet SOC Ltd 10% 912 400 0.15%

(d)(ii) Not listed on an exchange 25% 519 733 0.08% Land and Agricultural Development Bank of South Af 5% 200 136 0.03% SAFEX 5% 318 844 0.05% Unknown Issuer 5% 753 0.00%

(e) Other debt instruments:- 25% 10 664 958 1.73% (e)(i) Listed on an exchange 25% 1 253 528 0.20% Bond Exchange of South Africa 5% 558 068 0.09% COT02 10.20% 04/28 5% 733 0.00% EMM01 10.56 28072020 5% 140 476 0.02% 6 EMM02 10.72% 03/21 5% 162 621 0.03% EMM03 10.05% 05/24 5% 15 297 0.00% EMM04 9.155% 05/28 5% 159 876 0.03% EMM05 10.67% 04/29 5% 121 145 0.02% EPFC45 FRN 07112020 5% 1 252 0.00% FIFC33 FRN 03062020 5% 1 607 0.00% IDCG20 FRN 18122020 5% 1 401 0.00% ING383 FRN 30062020 5% 36 504 0.01% ING384 30092020 5% 49 991 0.01% IVA978 16012020 5% 3 224 0.00% Mercedes Benz FRN MBF055 270320 Jb3+124 5% 520 0.00% NTC20 8.6830% 270720 5% 610 0.00% SBS36 7.7170% 290120 5% 202 0.00% (e)(ii) Not listed on an exchange 15% 9 411 431 1.53% BESA FEES CONTROL 5% 1 0.00% CHF/USD 5% 2 623 0.00% CNH/USD 5% 3 0.00% EUR/USD 5% (802) 0.00% Foschini FRN JB3+90 090420 5% 772 0.00% FTG1 10.717% 09/16 5% 97 0.00% GBP/USD 5% (746) 0.00% HKD/USD 5% (1 183) 0.00% IDCG16 FRN 12112025 5% 146 820 0.02% IDR/USD 5% (779) 0.00% ILS/USD 5% 162 0.00% Impumelelo Callable FRN JB3+57.5 160420 (180520) 5% 2 999 0.00% Impumelelo Callable FRN JB3+70 180620 (200720) 5% 1 824 0.00% IN407U FRN 31072020 5% 3 842 0.00% iNguza Investments (RF) Limited IN407U 201219 Jb3+47.5 5% 0 0.00% iNguza Investments (RF) Limited IN415U 310320 Jb3+67.5 5% 2 156 0.00% INVESTEC MONEY MARKET FUND Z 5% 664 139 0.11% JPY/USD 5% (1 167) 0.00% Management Fee Prov 5% 0 0.00% NOK/USD 5% (4 209) 0.00% NZD/USD 5% 497 0.00% Performance Fee Prov 5% 0 0.00% SEK/USD 5% (1 054) 0.00% SGD/USD 5% 2 106 0.00% Southchester FRN 120320 Jb3+110 5% 1 644 0.00% Southchester FRN 120320 Jb3+90 5% 681 0.00% Southchester FRN 121219 JB3+110bps 5% 0 0.00% Southchester FRN 121219 JB3+90bps 5% 0 0.00% ZAR Receivable 5% 8 591 006 1.40%

2.2 Foreign SARB maximum 232 643 0.04% limits (a) Debt instruments issued by, and loans to, the government of the Republic, SARB and debt or loan guaranteed by the Republic maximum limits

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

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

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

(d) Debt instruments issued or guaranteed by an entity that has equity listed on SARB an exchange maximum (5 504) 0.00% limits (d)(i) Listed on an exchange SARB maximum limits 10% (d)(ii) Not listed on an exchange 25% (5 504) 0.00% Unknown Issuer 5% (5 504) 0.00% (e) Other debt instruments:- 25% 238 148 0.04% (e)(i) Listed on an exchange 25% (4 267) 0.00% State Street Bank 5% (4 267) 0.00% (e)(ii) Not listed on an exchange 15% 242 415 0.04% Invalid Security 5% 238 352 0.04% State Street Bank 5% 4 063 0.00%

3 EQUITIES 75% 431 064 393 70.09% 3.1 Inside the Republic 75% 252 751 977 41.09% (a) Preference and ordinary shares in companies, excluding shares in property companies, listed on an exchange:- 75% 252 751 977 41.09%

(a)(i) Issuer market capitalisation of R20 billion or more, or an amount or conditions as prescribed 75% 222 381 503 36.16%

African Rainbow Minerals Ltd 15% 2 483 947 0.40% Anglo American Plc 15% 16 988 410 2.76% Anglo Platinum Ltd 15% 1 611 234 0.26% Anglogold Ashanti Ltd 15% 1 087 594 0.18% Anheuser-Busch InBev SA/NV 15% 2 459 943 0.40% Aspen Pharmacare Holdings Ltd 15% 2 230 645 0.36% Assore Ltd 15% 133 487 0.02% AVI Ltd 15% 265 215 0.04% BARCLAYS AFRICA GROUP LIMITED 15% 9 536 899 1.55% Bidvest Group Ltd 15% 3 015 581 0.49% Bidvest Group Ltd/The 15% 516 263 0.08% British American Tobacco Plc 15% 19 442 655 3.16% Capitec Bank Holdings Ltd 15% 1 380 168 0.22% Cartrack Holdings Ltd 15% 140 298 0.02% 8 Cie Financiere Richemont SA 15% 2 900 650 0.47% Dis-Chem Pharmacies Ltd 15% 775 153 0.13% Discovery Holdings Ltd 15% 351 908 0.06% Distell Group Ltd 15% 1 468 309 0.24% Exxaro Resources Ltd 15% 5 444 695 0.89% Firstrand Bank Limited 15% 9 839 016 1.60% Glencore International Plc 15% 2 146 720 0.35% Impala Platinum Holdings Ltd 15% 11 447 743 1.86% Investec Ltd 15% 512 091 0.08% Investec PLC 15% 3 181 268 0.52% Kumba Iron Ore Ltd 15% 158 390 0.03% Life Healthcare Group Holdings Ltd 15% 963 024 0.16% Mediclinic International PLC 15% 101 259 0.02% Momentum Metropolitan Holdings 15% 466 512 0.08% Mondi Plc 15% 786 732 0.13% Mr Price Group Ltd 15% 736 068 0.12% MTN Group Ltd 15% 9 146 059 1.49% Naspers Ltd 15% 33 149 107 5.39% Nedbank Limited 15% 3 645 051 0.59% Netcare Ltd 15% 885 723 0.14% Northam Platinum Ltd 15% 4 055 801 0.66% OLD MUTUAL LIMITED 15% 5 518 315 0.90% Pepkor Holdings Ltd 15% 1 453 817 0.24% Pick n Pay Stores Ltd 15% 1 858 184 0.30% PSG Group Ltd 15% 990 321 0.16% PSG Konsult Ltd 15% 878 865 0.14% QUILTER PLC 15% 6 930 732 1.13% Rand Merchant Investment Holdi 15% 588 419 0.10% Reinet Investment Sla 15% 1 424 580 0.23% Remgro Ltd 15% 3 923 420 0.64% Sanlam Ltd 15% 2 209 659 0.36% Santam Ltd 15% 369 108 0.06% SAPPI SOUTHERN AFRICA (PROPRIETARY) LIMITED 15% 2 806 630 0.46% Sasol Ltd 15% 11 811 126 1.92% Sea Harvest Group Ltd 15% 167 353 0.03% Shoprite Holdings Ltd 15% 3 864 134 0.63% Sibanye Gold Ltd 15% 2 325 793 0.38% SPAR Group Ltd/The 15% 3 192 966 0.52% Standard Bank of South Africa Ltd 15% 13 812 745 2.25% The Foschini Group Ltd 15% 1 464 494 0.24% Truworths International Ltd 15% 258 857 0.04% Vodacom Group Ltd 15% 156 627 0.03% Woolworths Holdings Ltd/South 15% 2 921 742 0.48%

(a)(ii) Issuer market capitalisation of between R2 billion and R20 billion, or an amount or conditions as prescribed 75% 21 845 661 3.55%

ABSA Bank Limited 10% 12 700 0.00% Adcock Ingram Holdings Ltd 10% 262 745 0.04% Advtech Ltd 10% 535 454 0.09% AECI Ltd 10% 184 621 0.03% African Oxygen Ltd 10% 1 113 074 0.18% Afrimat Ltd 10% 81 975 0.01% Alexander Forbes Group Holding 10% 268 714 0.04% ALLIED ELECTRONICS COR-A SHR 10% 975 193 0.16%

9 ALSI TOP40 JSE Equity Index 10% (3 201) 0.00% ALVIVA HOLDINGS LTD 10% 49 851 0.01% Arrowhead Properties Ltd 10% 88 812 0.01% Ascendis Health Ltd 10% 28 712 0.00% ASTRAL FOODS LTD 10% 275 263 0.04% Coronation Fund Managers Ltd 10% 1 743 699 0.28% CURRO Holdings Ltd 10% 199 030 0.03% Datatec Ltd 10% 2 566 629 0.42% enX Group Ltd 10% 762 886 0.12% Famous Brands Ltd 10% 984 840 0.16% Hosken Consolidated Investments Ltd 10% 434 732 0.07% Hudaco Industries Ltd 10% 376 618 0.06% Imperial Logistics Ltd 10% 379 449 0.06% Invicta Holdings Ltd 10% 61 079 0.01% Italtile Ltd 10% 217 232 0.04% Liberty Two Degrees 10% 0 0.00% LIBSTAR HOLDINGS LTD 10% 54 376 0.01% Lighthouse Capital Ltd 10% 32 299 0.01% LONG4LIFE LTD 10% 82 974 0.01% Metair Investments Ltd 10% 47 856 0.01% Motus Holdings Ltd 10% 346 919 0.06% Mpact Ltd 10% 1 508 627 0.25% Nedbank Limited 10% 33 020 0.01% Oceana Group Ltd 10% 2 076 918 0.34% Omnia Holdings Ltd 10% 129 547 0.02% Pan African Resources Plc 10% 165 184 0.03% PPC Ltd 10% 831 799 0.14% RCL Foods Ltd/South Africa 10% 1 105 599 0.18% RFG Holdings Ltd 10% 266 772 0.04% Royal Bafokeng Platinum Ltd 10% 279 211 0.05% SAFEX 10% (5 239) 0.00% Sasfin Holdings Ltd 10% 25 150 0.00% Spur Corp Ltd 10% 82 505 0.01% Stadio Holdings Ltd 10% 31 150 0.01% Sun International Ltd 10% 1 949 411 0.32% Super Group Ltd/South Africa 10% 315 111 0.05% Sygnia Ltd 10% 42 928 0.01% Tradehold Ltd 10% 8 918 0.00% Transaction Capital (Pty) Ltd 10% 144 643 0.02% TSOGO SUN GAMING LTD 10% 121 219 0.02% Zambezi Platinum 10% 300 379 0.05% Zeder Investments Ltd 10% 268 279 0.04%

(a)(iii) Issuer market capitalisation of less than R2 billion, or an amount or conditions as prescribed 75% 8 524 813 1.39%

Adcorp Holdings Ltd 5% 13 703 0.00% Alliance Mining Corp Ltd 5% 0 0.00% Basil Read Holdings Ltd 5% 23 034 0.00% Brimstone Investment Corporation Ltd 5% 76 405 0.01% E Media Holdings Ltd 5% 4 187 0.00% EQSTRA CORPORATION (PROPRIETARY) LIMITED 5% 1 569 0.00% Hope Bancorp Inc 5% 0 0.00% INVESTEC EMERGING COMPANIES FUND 5% 988 617 0.16% Lewis Group Ltd 5% 158 113 0.03%

10 Metrofile Holdings Ltd 5% 2 847 0.00% METTLE INVESTMENTS LTD 5% 372 0.00% MSCI EAFE Index 5% 9 173 0.00% MultiChoice Group Ltd 5% 5 792 117 0.94% Natural Capsules Ltd 5% 1 109 0.00% Novus Holdings Limited 5% 330 830 0.05% PSG Group Ltd 5% 48 587 0.01% RECM & CalibreLtd 5% 61 124 0.01% SAFEX 5% 691 0.00% SPEAR REIT LTD 5% 57 076 0.01% Trencor Ltd 5% 946 784 0.15% Tsogo Sun Hotels Ltd 5% 8 473 0.00%

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

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

3.2 Foreign SARB maximum 178 312 416 28.99% limits (a) Preference and ordinary shares in companies, excluding shares in property SARB companies, listed on an exchange:- maximum 172 092 037 27.98% limits (a)(i) Issuer market capitalisation of R20 billion or more, or an amount or SARB conditions as prescribed maximum 98 275 351 15.98% limits 1ST QUANTUM MINERALS 15% 698 0.00% 3i Group PLC 15% 1 322 0.00% 3M Co 15% 10 484 0.00% 51JOB INC-ADR 15% 65 773 0.01% 58.com Inc 15% 647 574 0.11% ABB Ltd 15% 4 416 0.00% Abbott Laboratories 15% 15 688 0.00% AbbVie Inc 15% 13 617 0.00% ABIOMED Inc 15% 146 299 0.02% ABSA Bank Limited 15% 1 383 0.00% Accenture Plc 15% 13 956 0.00% ACCOR SA 15% 1 195 0.00% Activision Blizzard Inc 15% 4 829 0.00% Acuity Brands Inc 15% 549 0.00% Adecco Group AG 15% 1 021 0.00% Adidas 15% 129 077 0.02% Admiral Group Ord 15% 400 836 0.07% Advance Auto Parts Inc 15% 1 079 0.00% ADVANTECH CO 15% 110 191 0.02% Advantest Corp 15% 387 279 0.06% Aegon NV 15% 827 0.00% Aena SME SA 15% 1 207 0.00% Aeon Co Ltd 15% 1 234 0.00% Aflac Inc 15% 3 918 0.00%

11 AGC Inc/Japan 15% 638 0.00% Ageas 15% 1 095 0.00% Agilent Technologies Inc 15% 2 662 0.00% AGL Energy Ltd 15% 988 0.00% Agnico Eagle Mines Ltd 15% 1 512 0.00% AIA Group Ltd 15% 1 227 337 0.20% Air Canada 15% 654 0.00% Air Liquide SA 15% 6 608 0.00% Air Products & Chemicals Inc 15% 5 150 0.00% Ajinomoto Co Inc 15% 790 0.00% Akamai Technologies Inc 15% 1 399 0.00% Albemarle Corp 15% 194 597 0.03% Alcon Inc 15% 2 486 0.00% Alexion Pharmaceuticals Inc 15% 2 383 0.00% Alfa Laval AB 15% 777 0.00% Alibaba Group Holding Ltd 15% 2 197 695 0.36% Align Technology Inc 15% 2 081 0.00% Alimentation Couche-Tard Inc 15% 2 764 0.00% Alleghany Corp 15% 1 130 0.00% Allegion PLC 15% 1 235 0.00% Alliance Data Systems Corp 15% 565 0.00% Alliant Energy Corp 15% 1 307 0.00% Allstate Corp 15% 3 736 0.00% Ally Financial Inc 15% 1 359 0.00% Alnylam Pharmaceuticals Inc 15% 349 043 0.06% Alphabet Inc 15% 3 012 623 0.49% Alps Electric Co Ltd 15% 389 0.00% Altice 15% 463 0.00% Altria Group Inc 15% 585 542 0.10% Amada Co Ltd 15% 403 0.00% Amadeus IT Group SA 15% 632 598 0.10% AMAZON.COM INC 15% 1 121 989 0.18% Amcor PLC 15% 1 906 0.00% American Electric Power Co. Inc 15% 4 637 0.00% American Financial Group 15% 798 0.00% American International Group Inc 15% 4 401 0.00% American Water Works Co Inc 15% 2 177 0.00% Ameriprise Financial Inc 15% 2 289 0.00% AmerisourceBergen Corp 15% 1 297 0.00% Ametek Inc 15% 2 396 0.00% Amgen Inc 15% 14 851 0.00% Amphenol Corp 15% 3 301 0.00% Analog Devices Inc 15% 4 478 0.00% Andritz AG 15% 271 0.00% Anglo American Plc 15% 3 085 0.00% Anheuser-Busch InBev NV 15% 420 045 0.07% Anheuser-Busch InBev SA/NV 15% 6 767 0.00% ANSYS Inc 15% 2 869 0.00% Anthem Inc 15% 834 324 0.14% Aon PLC/UK 15% 5 009 0.00% Aozora Bank Ltd 15% 303 0.00% APA Group 15% 856 0.00% Apache Corp 15% 904 189 0.15% Apple Inc 15% 136 937 0.02%

12 Applied Materials Inc 15% 5 765 0.00% Aramark 15% 970 0.00% Arista Networks Inc 15% 1 092 0.00% Aristocrat Leisure Ltd 15% 1 307 0.00% Arrow Electronics Inc 15% 1 284 0.00% ASAHI KASEI CORP 15% 1 469 0.00% Ashikaga Holdings Co Ltd 15% 211 0.00% ASM Pacific Technology Ltd 15% 350 0.00% ASML Holding NV 15% 1 401 485 0.23% Associated British Foods PLC 15% 1 118 0.00% Assurant Inc 15% 660 0.00% Astellas Pharma Inc 15% 3 303 0.00% AstraZeneca Plc 15% 13 758 0.00% ASX LTD 15% 1 001 0.00% AT&T Inc 15% 29 580 0.00% ATLAS COPCO AB 15% 2 846 0.00% Atmos Energy Corp 15% 1 331 0.00% Auckland International Airport Ltd 15% 567 0.00% Aurizon Holdings Ltd 15% 716 0.00% Auto Trader Group PLC 15% 851 0.00% Autodesk Inc 15% 4 019 0.00% Autoliv Inc 15% 678 0.00% Automatic Data Processing Inc 15% 7 428 0.00% AutoZone Inc 15% 902 524 0.15% Avery Dennison Corp 15% 1 122 0.00% AXA SA 15% 5 584 0.00% BAE Systems PLC 15% 2 336 0.00% BALL CORP 15% 2 265 0.00% Banco Santander SA 15% 7 070 0.00% Bank of East Asia Ltd 15% 265 0.00% Bank of Montreal 15% 5 458 0.00% Bank of New York Mellon 15% 4 295 0.00% Bankinter SA 15% 475 0.00% BARCLAYS BANK PLC 15% 4 553 0.00% Barratt Developments PLC 15% 963 0.00% Barrick Gold Corporation 15% 3 439 0.00% BASF SE 15% 7 048 0.00% Baxter International Inc 15% 4 079 0.00% Bayer AG 15% 1 083 849 0.18% Bayerische Motoren Werke AG 15% 1 104 893 0.18% BB Seguridade Participacoes SA 15% 176 304 0.03% BCE Inc 15% 647 0.00% Becton Dickinson & Co 15% 878 443 0.14% Beiersdorf AG 15% 1 225 233 0.20% Bendigo & Adelaide Bank Ltd 15% 323 0.00% Berkshire Hathaway Inc 15% 30 894 0.01% Best Buy Co Inc 15% 2 140 0.00% BHP Billiton Plc 15% 8 438 0.00% BHP Group Plc 15% 2 730 091 0.44% Bio-Rad Laboratories Inc 15% 1 178 0.00% BioMarin Pharmaceutical Inc 15% 1 536 0.00% Black Knight Inc 15% 997 0.00% BlackBerry Ltd 15% 325 0.00% Blackrock Inc 15% 5 837 0.00%

13 Boeing Co 15% 18 074 0.00% Bollore 15% 2 0.00% BOMBARDIER INC 15% 285 0.00% Booking Holdings Inc 15% 2 169 685 0.35% BORAL LTD 15% 420 0.00% Boston Scientific Corp 15% 6 196 0.00% Brambles Ltd 15% 1 682 0.00% Brenntag AG 15% 1 203 0.00% Bridgestone Corp 15% 2 535 0.00% Brilliance China Automotive Holdings Ltd 15% 207 779 0.03% Bristol-Myers Squibb Co 15% 19 075 0.00% British American Tobacco Plc 15% 2 059 680 0.33% Brookfield Asset Management Inc 15% 5 204 0.00% Brother Industries Ltd 15% 426 0.00% BT Group PLC 15% 2 077 0.00% Budweiser Brewing Co APAC Ltd 15% 609 0.00% Bunge Ltd 15% 818 0.00% Bunzl PLC 15% 841 0.00% Burberry Group PLC 15% 1 271 0.00% Bureau Veritas SA 15% 266 486 0.04% Cabot Oil & Gas Corp 15% 735 0.00% CAE INC 15% 755 0.00% Caltex Australia Ltd 15% 596 0.00% Canadian National Railway Co 15% 7 053 0.00% Canadian Natural Resources Ltd 15% 3 902 0.00% Canadian Pacific Railway Ltd 15% 3 664 0.00% Canadian Tire Corp Ltd 15% 695 0.00% Canadian Utilities Ltd 15% 351 0.00% Canon Inc 15% 2 757 0.00% Canopy Growth Corporation 15% 383 0.00% Capital & Regional PLC 15% 7 201 0.00% Capital One Financial Corp 15% 5 334 0.00% Cardinal Health Inc 15% 1 556 0.00% Carmax Inc 15% 1 443 0.00% Carnival PLC 15% 845 0.00% Casio Computer Co Ltd 15% 372 0.00% Caterpillar Inc 15% 8 550 0.00% Cboe Global Markets Inc 15% 1 430 0.00% CCL Industries Inc 15% 565 0.00% CDK Global Inc 15% 671 0.00% CDW Corp/DE 15% 2 103 0.00% CENOVUS ENERGY INC 15% 1 144 0.00% Centene Corp 15% 1 589 0.00% CenterPoint Energy Inc 15% 1 467 0.00% Central Japan Railway Co 15% 2 884 0.00% Centrica Plc 15% 622 0.00% Cerner Corp 15% 2 640 0.00% CF Industries Holdings Inc 15% 1 071 0.00% Charles Schwab Corp 15% 1 192 099 0.19% Charter Communications Inc 15% 752 828 0.12% Check Point Software Technolog 15% 1 031 335 0.17% CHECK POINT SOFTWARE TECHNOLOGIES LTD 15% 1 449 0.00% CHEGG INC 15% 135 696 0.02% Cheniere Energy Partners LP Holdings LLC 15% 1 361 0.00%

14 Chevron Corp 15% 23 716 0.00% Chipotle Mexican Grill Inc 15% 255 565 0.04% Chubb Ltd 15% 7 017 0.00% CHUBU ELECTRIC POWER CO INC 15% 841 0.00% Chugai Pharmaceutical Co Ltd 15% 2 012 0.00% Chugoku Electric Power Co Inc 15% 253 0.00% Church & Dwight Co Inc 15% 1 764 0.00% CIBC 15% 3 630 0.00% Cie de Saint-Gobain 15% 2 066 0.00% Cigna Corp 15% 7 674 0.00% Cincinnati Financial Corp 15% 1 742 0.00% Cintas Corp 15% 2 384 0.00% Cisco Systems Inc 15% 21 304 0.00% Citibank N.A. 15% 1 014 715 0.16% Citizens Financial Group Inc 15% 1 974 0.00% Citrix Systems Inc 15% 1 565 0.00% Clorox Co 15% 1 995 0.00% CLP Holdings Ltd 15% 1 700 0.00% CME Group Inc 15% 7 119 0.00% CMS ENERGY CORP 15% 1 642 0.00% CNP Assurances 15% 273 0.00% COGNA EDUCACAO 15% 102 945 0.02% Cognex Corp 15% 943 0.00% Cognizant Technology Solutions 15% 3 604 0.00% Comcast Corp 15% 20 774 0.00% Comerica Inc 15% 1 199 0.00% Commerzbank AG 15% 617 0.00% Compass Group Plc 15% 4 013 0.00% ConAgra Foods Inc 15% 1 677 0.00% CONCHO RESOURCES INC 15% 1 782 0.00% ConocoPhillips 15% 7 257 0.00% Consolidated Edison Inc 15% 3 451 0.00% Constellation Software Inc 15% 1 810 0.00% Continental AG 15% 679 960 0.11% COPART INC 15% 1 812 0.00% CORELOGIC INC 15% 282 340 0.05% Corning Inc 15% 2 298 0.00% Corteva Inc 15% 2 203 0.00% Costco Wholesale Corp 15% 13 058 0.00% Credicorp Ltd 15% 112 351 0.02% Credit Saison Co Ltd 15% 215 0.00% Credit Suisse Group AG 15% 1 773 374 0.29% CRH PLC 15% 528 042 0.09% CSL Ltd 15% 8 821 0.00% CSX Corp 15% 5 504 0.00% Cummins Inc 15% 2 736 0.00% CyberAgent Inc 15% 193 833 0.03% CyberArk Software Ltd 15% 435 0.00% Dai Nippon Printing Co Ltd 15% 674 0.00% Dai-ichi Life Insurance Co Ltd 15% 1 714 0.00% Daiichi Sankyo Co Ltd 15% 4 237 0.00% DAIKIN INDUSTRIES LTD 15% 3 496 0.00% Daimler AG 15% 1 088 873 0.18% Daiwa House Industry Co Ltd 15% 70 745 0.01%

15 Daiwa Securities Group Inc 15% 770 0.00% Danaher Corp 15% 9 905 0.00% Dassault Systemes 15% 2 214 0.00% DaVita HealthCare Partners Inc 15% 833 0.00% DBS Group Holdings Ltd 15% 3 774 0.00% DCC 15% 898 0.00% Deere & Co 15% 5 143 0.00% Dell Technologies Inc 15% 674 0.00% Delta Airlines Inc 15% 938 0.00% Demant A/S 15% 691 0.00% Denso Corp 15% 1 948 0.00% DENTSU INC 15% 681 0.00% Deutsche Bank AG 15% 1 544 0.00% Deutsche Boerse AG 15% 267 824 0.04% Deutsche Post AG 15% 3 729 0.00% Deutsche Telekom AG 15% 5 391 0.00% Devon Energy Corp 15% 1 141 0.00% DexCom Inc 15% 2 030 0.00% Diageo PLC 15% 145 973 0.02% Discover Financial Services 15% 2 802 0.00% Discovery Inc 15% 2 400 0.00% DNB ASA 15% 1 776 0.00% DOLLAR GENERAL CORP 15% 3 988 0.00% Dollar Tree Inc 15% 2 222 0.00% Dollarama Inc 15% 1 094 0.00% Dover Corp 15% 1 518 0.00% DOW INC 15% 4 084 0.00% DR Horton Inc 15% 1 838 0.00% Dropbox Inc 15% 471 0.00% DSV A/S 15% 2 672 0.00% DTE Energy Co 15% 2 364 0.00% Dufry 15% 366 0.00% DUPONT DE NEMOURS INC 15% 4 715 0.00% DXC Technology Co 15% 1 027 0.00% EAST JAPAN RAILWAY CO 15% 2 883 0.00% East West Bancorp Inc 15% 696 0.00% Eastman Chemical Co 15% 1 080 0.00% easyJet PLC 15% 321 0.00% Eaton Vance Corp 15% 503 0.00% Ebay Inc 15% 3 233 0.00% Ecolab Inc 15% 4 985 0.00% ELECTROLUX 15% 560 0.00% Electronic Arts Inc 15% 3 332 0.00% Emera Inc 15% 1 157 0.00% Emerson Electric Co 15% 4 614 0.00% Empire Co Ltd 15% 330 0.00% ENBRIDGE INC 15% 8 668 0.00% EnCana Corp 15% 751 0.00% Endesa SA 15% 795 0.00% Enel SpA 15% 6 536 0.00% Eni Spa 15% 4 272 0.00% Entergy Corp 15% 2 270 0.00% EOG Resources Inc 15% 428 133 0.07% Equifax Inc 15% 1 671 0.00%

16 Equinor ASA 15% 1 950 0.00% Erie Indemnity Co 15% 544 0.00% Estee Lauder Co Inc 15% 4 571 0.00% Everest Re Group Ltd 15% 1 235 0.00% EVERGY INC 15% 1 822 0.00% Eversource Energy 15% 2 742 0.00% EXACT SCIENCES CORP 15% 1 422 0.00% Exelon Corp 15% 4 376 0.00% Expedia Group Inc 15% 1 399 0.00% Experian PLC 15% 3 167 0.00% Exxon Mobil Corp 15% 30 575 0.00% F5 Networks Inc 15% 863 0.00% FACEBOOK INC 15% 1 397 563 0.23% FactSet Research Systems Inc 15% 1 269 0.00% Fast Retailing Co Ltd 15% 3 546 0.00% Fastenal Co 15% 2 208 0.00% FedEx Corp 15% 3 719 0.00% Ferrari NV 15% 1 912 0.00% Ferrovial SA 15% 1 499 0.00% Fiat Chrysler Automobiles NV 15% 1 658 0.00% Fifth Third Bancorp 15% 2 211 0.00% Finmeccanica SpA 15% 453 0.00% Firstenergy Corp 15% 2 709 0.00% Fiserv Inc 15% 6 589 0.00% FleetCor Technologies Inc 15% 2 572 0.00% Fletcher Building Ltd 15% 243 0.00% Flextronics International Ltd 15% 690 0.00% FLIR Systems Inc 15% 685 0.00% Flowserve Corp 15% 607 0.00% FNF Group 15% 1 206 0.00% Fortescue Metals Group Ltd 15% 1 008 0.00% Fortive Corp 15% 2 241 0.00% Fortum Oyj 15% 1 030 0.00% Fox Corp 15% 749 344 0.12% Franco-Nevada Corp 15% 1 905 0.00% Franklin Resources Inc 15% 1 150 0.00% Fresenius Medical Care AG & Co 15% 1 548 0.00% FUJI ELECTRIC CO LTD 15% 364 0.00% Fuji Heavy Industries Ltd 15% 1 525 0.00% Fuji Photo Film Co 15% 1 795 0.00% Fukuoka Financial Group Inc 15% 311 0.00% G4S PLC 15% 485 0.00% Galaxy Entertainment Group Ltd 15% 135 235 0.02% Gap Inc 15% 403 0.00% Garmin Ltd 15% 1 597 0.00% Gartner Inc 15% 1 770 0.00% GDF Suez 15% 2 905 0.00% Geberit AG 15% 2 573 0.00% General Electric 15% 10 392 0.00% General Mills Inc 15% 3 687 0.00% General Motors Co 15% 1 053 521 0.17% Genuine Parts Co 15% 1 528 0.00% Gildan Activewear Inc 15% 636 0.00% Gilead Sciences Inc 15% 8 559 0.00%

17 GlaxoSmithKline PLC 15% 12 158 0.00% Glencore International Plc 15% 3 450 0.00% Global Payments Inc 15% 5 776 0.00% Goldman Sachs Group Inc 15% 7 499 0.00% Grainger Inc 15% 1 536 0.00% Great-West Lifeco Inc 15% 712 0.00% Grifols SA 15% 1 238 0.00% GRUBHUB INC 15% 136 741 0.02% GVC Holdings PLC 15% 699 0.00% Hamamatsu Photonics KK 15% 566 0.00% Hanesbrands Inc 15% 511 0.00% Hang Seng Bank Ltd 15% 1 973 0.00% Hargreaves Lansdown PLC 15% 799 0.00% Harley-Davidson Inc 15% 572 0.00% HAYS PLC 15% 148 819 0.02% HCA Healthcare Inc 15% 4 016 0.00% HDFC BANK LTD ADR 15% 240 032 0.04% Heineken 15% 235 388 0.04% Helios Towers PLC 15% 87 325 0.01% Hennes And Mauritz 15% 1 608 0.00% Henry Schein Inc 15% 984 0.00% Hermes International 15% 2 506 0.00% HERO HONDA MOTORS 15% 127 257 0.02% Hewlett-Packard Co 15% 2 175 0.00% Hino Motors Ltd 15% 306 0.00% Hitachi Chemical Co Ltd 15% 461 0.00% Hitachi High-Tech Corp 15% 371 0.00% Hitachi Ltd 15% 4 176 0.00% Hitachi Metals Ltd 15% 293 0.00% HollyFrontier Corp 15% 896 0.00% Hologic Inc 15% 1 477 0.00% Home Depot Inc 15% 24 790 0.00% Honda Motor Co Ltd 15% 1 198 121 0.19% Honeywell International Inc 15% 12 875 0.00% Hong Kong & China Gas Co Ltd 15% 2 022 0.00% Hormel Foods Corp 15% 1 364 0.00% Hoya Corp 15% 3 649 0.00% HSBC Holdings Plc 15% 16 306 0.00% Humana Inc 15% 4 942 0.00% Husky Energy Inc 15% 302 0.00% Iberdrola SA 15% 6 665 0.00% IBM 15% 12 003 0.00% ICICI Bank Ltd 15% 159 456 0.03% ICON PLC 15% 469 803 0.08% Idemitsu Kosan Co Ltd 15% 755 0.00% IDEXX Laboratories Inc 15% 2 169 0.00% IHI CORP 15% 331 0.00% Iliad SA 15% 329 0.00% Illinois Tool Works Inc 15% 5 903 0.00% Illumina Inc 15% 251 365 0.04% Imperial Brands PLC 15% 681 761 0.11% Imperial Oil Ltd 15% 726 0.00% Imperial Tobacco Group Plc 15% 840 858 0.14% Incitec Pivot Ltd 15% 581 290 0.09%

18 Incyte Corp 15% 1 501 0.00% Industrivarden AB 15% 386 0.00% Infineon Technologies 15% 3 193 0.00% Ingredion Inc 15% 616 0.00% Inpex Corp 15% 572 275 0.09% Insulet Corp 15% 623 0.00% Intact Financial Corp 15% 1 622 0.00% Intel Corp 15% 27 051 0.00% Intertek Group PLC 15% 1 265 0.00% INTUIT INC 15% 1 234 494 0.20% Intuitive Surgical Inc 15% 6 781 0.00% Investor AB 15% 2 465 0.00% Invitation Homes Inc 15% 370 996 0.06% IPG Photonics Corp 15% 541 0.00% IPSEN SA 15% 300 0.00% IRB BRASIL RESSEGUROS SA 15% 115 664 0.02% Israel Discount Bank Ltd 15% 687 0.00% Isuzu Motors Ltd 15% 611 0.00% Itochu Corp 15% 3 076 0.00% ITV PLC 15% 678 0.00% J Sainsbury PLC 15% 495 0.00% Jacobs Engineering Group Inc 15% 1 091 0.00% James Hardie Industries Plc 15% 821 0.00% Japan Post Holdings Co Ltd 15% 1 379 0.00% JAPAN POST INSURANCE CO LTD 15% 723 0.00% Japan Tobacco Inc 15% 2 813 0.00% Jardine Matheson Holdings Ltd 15% 511 101 0.08% JB Hunt Transport Services Inc 15% 1 099 0.00% JD Sports Fashion PLC 15% 481 0.00% JD.com Inc 15% 257 241 0.04% JFE HOLDINGS INC 15% 652 0.00% JGC Corp 15% 382 0.00% Johnson & Johnson 15% 1 480 210 0.24% Johnson Matthey PLC 15% 709 0.00% JPMorgan Chase & Co 15% 45 993 0.01% Julius Baer Group Ltd 15% 913 298 0.15% Juniper Networks Inc 15% 885 0.00% JX Holdings Inc 15% 1 454 0.00% Kajima Corp 15% 581 0.00% Kansai Paint Co Ltd 15% 537 0.00% KAO CORP 15% 4 328 0.00% KAWASAKI HEAVY INDUSTRIES LTD 15% 335 0.00% KDDI Corp 15% 100 438 0.02% KEIO CORP 15% 835 0.00% Kellogg Co 15% 1 748 0.00% Keppel Corp Ltd 15% 1 017 0.00% Kering 15% 111 872 0.02% Kering SA 15% 4 923 0.00% Kerry Group PLC 15% 2 393 0.00% Keycorp 15% 2 188 0.00% Keyence Corp 15% 6 569 0.00% Keyera Corp 15% 597 0.00% KIKKOMAN CORP 15% 800 0.00% Kimberly-Clark Corp 15% 4 694 0.00%

19 Kinder Morgan Inc 15% 4 803 0.00% Kingfisher PLC 15% 590 0.00% Kinnevik Investment 15% 581 0.00% Kinross Gold Corp 15% 628 0.00% Kirby Corp 15% 439 830 0.07% Kirkland Lake Gold Ltd 15% 835 0.00% KLA-Tencor Corp 15% 2 751 0.00% Kobayashi Pharmaceutical Co 15% 411 0.00% Kohl's Corp 15% 901 0.00% Komatsu Ltd 15% 2 181 0.00% Konami Holdings Corp 15% 409 0.00% Konica Minolta Inc 15% 304 0.00% Korea Electric Power Corp 15% 389 368 0.06% Kroger Co 15% 2 321 0.00% Kuraray Co Ltd 15% 376 0.00% Kurita Water Industries Ltd 15% 278 0.00% Kyocera Corp 15% 2 262 0.00% Kyowa Hakko Kirin Co Ltd 15% 647 0.00% Kyushu Electric Power Co Inc 15% 397 0.00% Kyushu Railway Co 15% 489 0.00% L3Harris Technologies Inc 15% 4 397 0.00% Lam Research Corp 15% 4 450 0.00% Lamb Weston Holdings Inc 15% 1 307 0.00% LANXESS 15% 586 0.00% Lear Corp 15% 799 0.00% LendingTree Inc 15% 153 979 0.03% Lennar Corp 15% 1 557 0.00% LG Household & Health Care Ltd 15% 77 454 0.01% Liberty Broadband Corp 15% 1 358 0.00% Liberty Global PLC 15% 682 314 0.11% Liberty SiriusXM Group 15% 1 953 0.00% Lincoln National Corp 15% 1 234 0.00% Linde plc 15% 11 895 0.00% LINE CORP 15% 660 0.00% Lion Corp 15% 397 0.00% LKQ Corp 15% 1 097 0.00% Lockheed Martin Corp 15% 10 020 0.00% Lululemon Athletica Inc 15% 2 472 0.00% Lundin Petroleum AB 15% 705 0.00% Lvmh Moet Hennessy 15% 262 940 0.04% M&G PLC 15% 161 740 0.03% M3 Inc 15% 1 272 0.00% Macquarie Group Ltd 15% 3 120 0.00% Magna International Inc 15% 1 685 0.00% Makita Corp 15% 799 0.00% ManpowerGroup Inc 15% 568 0.00% Manulife Financial Corp 15% 4 461 0.00% Mapfre SA 15% 282 0.00% Marathon Petroleum Corp 15% 3 970 0.00% MARKEL CORP 15% 321 493 0.05% MARTIN MARIETTA MATERIALS INC 15% 504 057 0.08% Marubeni Corp 15% 1 133 0.00% Masco Corp 15% 1 362 0.00% Mastercard Inc 15% 2 280 365 0.37%

20 Mazda Motor Corp 15% 451 0.00% McCormick & Co Inc 15% 2 016 0.00% McDonald's Corp 15% 15 444 0.00% McGraw Hill Financial Inc 15% 529 851 0.09% McKesson Corp 15% 2 574 0.00% Mediobanca 15% 770 0.00% Medipal Holdings Corp 15% 462 0.00% Medtronic Inc 15% 507 330 0.08% Meggitt PLC 15% 716 0.00% MEIJI Holdings Co Ltd 15% 813 0.00% Meituan Dianping (P Chip) 15% 217 791 0.04% Melco Crown Entertainment Ltd 15% 573 0.00% Mercadolibre Inc 15% 2 959 0.00% Merck & Co Inc 15% 23 869 0.00% Merck KGAA 15% 1 580 0.00% Methanex Corp 15% 166 0.00% Metlife Inc 15% 4 062 0.00% Metro Inc/CN 15% 939 0.00% Metso 15% 347 0.00% MGM Resorts International 15% 1 538 0.00% Michelin 15% 2 017 0.00% MICROCHIP TECHNOLOGY INC 15% 2 922 0.00% Micron Technology Inc 15% 5 899 0.00% Microsoft Corp 15% 3 535 624 0.57% MIDEA GROUP CO LTD 15% 52 974 0.01% Minebea Co Ltd 15% 814 0.00% MISUMI Group Inc 15% 732 0.00% Mitsubishi Corp 15% 595 877 0.10% Mitsubishi Electric Corp 15% 2 539 0.00% MITSUBISHI MOTORS CORP 15% 272 0.00% Mitsui & Co Ltd 15% 485 502 0.08% Mitsui Chemicals Inc 15% 496 0.00% Mitsui OSK Lines Ltd 15% 248 0.00% Mizrahi Tefahot Bank Ltd 15% 284 0.00% Mizuho Financial Group Inc 15% 3 983 0.00% Molson Coors Brewing Co 15% 1 005 0.00% Mondi Plc 15% 1 307 0.00% Moodys Corp 15% 2 082 211 0.34% Morgan Stanley 15% 6 431 0.00% Motherson Sumi Systems Ltd 15% 132 617 0.02% Motorola Solutions Inc 15% 2 505 0.00% Mowi ASA 15% 1 101 0.00% MSCI Inc 15% 2 198 0.00% MTR Corp Ltd 15% 1 000 0.00% Myriad Genetics Inc 15% 168 020 0.03% NABTESCO CORP 15% 375 0.00% National Bank of Canada 15% 2 272 0.00% National Grid Ord 15% 4 837 0.00% National Oilwell Varco Inc 15% 416 351 0.07% Naturgy Energy Group SA 15% 737 0.00% NESTLE FOODS NIGERIA PLC 15% 86 755 0.01% Nestle SA Registered 15% 1 603 859 0.26% NetApp Inc 15% 1 598 0.00% Netflix Inc 15% 205 363 0.03%

21 Newcrest Mining Ltd 15% 666 602 0.11% Newell Brands Inc 15% 831 0.00% Newmont Corp 15% 3 583 0.00% Nexon Co Ltd 15% 567 0.00% Next PLC 15% 1 247 0.00% NGK Insulators Ltd 15% 49 607 0.01% Nidec Corp 15% 3 141 0.00% NIKE Inc 15% 13 207 0.00% Nintendo Co Ltd 15% 4 574 0.00% NiSource Inc 15% 1 003 0.00% Nissan Motor Co Ltd 15% 1 290 0.00% Nisshin Seifun Group Inc 15% 407 0.00% Nissin Foods Holdings Co Ltd 15% 452 0.00% Nitori Holdings Co Ltd 15% 1 234 0.00% Nitto Denko Corp 15% 933 0.00% Noble Energy Inc 15% 1 139 0.00% Nokia OYJ 15% 2 078 0.00% NOKIAN RENKAAT OYJ 15% 366 0.00% Nomura Holdings Inc 15% 1 788 0.00% Nomura Research Institute Ltd 15% 831 0.00% Nordstrom Inc 15% 440 0.00% Norfolk Southern Corp 15% 5 098 0.00% Norsk Hydro ASA 15% 512 0.00% NortonLifeLock Inc 15% 1 664 0.00% NOVOCURE LTD 15% 186 713 0.03% NRG Energy Inc 15% 1 154 0.00% NSK Ltd 15% 355 0.00% NTT Corp 15% 834 0.00% NTT DOCOMO Inc 15% 3 642 0.00% Nucor Corp 15% 1 746 0.00% Nutrien Ltd 15% 2 785 0.00% NVIDIA Corp 15% 13 754 0.00% NVR Inc 15% 1 351 0.00% O'Reilly Automotive Inc 15% 3 425 0.00% Obayashi Corp 15% 1 087 0.00% Ocado Group PLC 15% 830 0.00% Occidental Petroleum Corp 15% 3 794 0.00% OGE Energy Corp 15% 1 265 0.00% Oil Search 15% 652 0.00% Oji Holdings Corp 15% 428 0.00% Okta Inc 15% 1 438 0.00% Olympus Corp 15% 552 142 0.09% Omron Corp 15% 1 099 0.00% OMV AG 15% 762 0.00% ONEOK Inc 15% 3 093 0.00% Ono Pharmaceutical Co Ltd 15% 858 0.00% Open Text Corp 15% 1 146 0.00% Oracle Corp 15% 694 493 0.11% Orica Ltd 15% 171 812 0.03% Origin Energy Finance Ltd 15% 1 042 0.00% Orion OYJ 15% 412 0.00% Orix Corp 15% 2 617 0.00% Orsted A/S 15% 1 947 0.00% Osaka Gas Co Ltd 15% 665 0.00%

22 Otsuka Corp 15% 341 0.00% Owens Corning 15% 652 0.00% PACCAR INC 15% 2 695 0.00% Packaging Corp of America 15% 989 0.00% Palo Alto Networks Inc 15% 2 131 0.00% Pandora A/S 15% 464 0.00% Park24 Co Ltd 15% 252 0.00% Paychex Inc 15% 2 824 0.00% Paycom Software Inc 15% 1 710 0.00% PayPal Holdings Inc 15% 12 593 0.00% Pearson Plc 15% 644 0.00% Pentair PLC 15% 1 097 0.00% People's United Financial Inc 15% 1 116 0.00% PepsiCo Inc 15% 19 837 0.00% Persimmon Plc 15% 1 031 0.00% Pfizer Inc 15% 22 176 0.00% Philip Morris International Inc 15% 1 779 346 0.29% Philips Lighting NV 15% 263 683 0.04% Phillips 66 15% 5 310 0.00% Pioneer Natural Resources Co 15% 2 527 0.00% Polaris Industries Inc 15% 624 0.00% Power Corp of Canada 15% 933 0.00% Power Financial Corp 15% 643 0.00% PPL Corp 15% 2 846 0.00% PrairieSky Royalty Ltd 15% 213 0.00% Principal Financial Group 15% 1 643 0.00% Procter & Gamble Co 15% 32 361 0.01% Progressive Corp 15% 4 190 0.00% PROSUS NV 15% 1 108 775 0.18% Prudential Financial Inc 15% 3 761 0.00% PVH CORP 15% 818 0.00% QBE Insurance Group Ltd 15% 1 213 0.00% QIAGEN NV 15% 719 0.00% Qorvo Inc 15% 1 759 0.00% Qualcomm Inc 15% 10 831 0.00% Rakuten Inc 15% 836 0.00% RALPH LAUREN CORP 15% 628 0.00% Ramsay Health Care Ltd 15% 1 051 0.00% Raytheon Co 15% 6 087 0.00% Reckitt Benckiser Group PLC 15% 1 699 259 0.28% Recruit Holdings Co Ltd 15% 5 621 0.00% Red Electrica Corp SA 15% 804 0.00% Regeneron Pharmaceuticals Inc 15% 2 959 0.00% Regions Financial Corp 15% 1 718 0.00% RELX PLC 15% 5 410 0.00% RenaissanceRe Holdings Ltd 15% 678 0.00% Renault SA 15% 884 0.00% Rentokil Initial Plc 15% 1 114 0.00% Repsol SA 15% 68 0.00% REPSOL SA RTS 15% 2 246 0.00% ResMed Inc 15% 473 370 0.08% Resona Holdings Inc 15% 885 0.00% Ricoh Co Ltd 15% 759 0.00% Rinnai Corp 15% 236 0.00%

23 Rio Tinto PLC 15% 7 303 0.00% Roche Holding AG 15% 1 678 566 0.27% Rockwell Automation Inc 15% 2 309 0.00% Rogers Communications Inc 15% 1 866 0.00% Rohm Co Ltd 15% 759 0.00% Roku Inc 15% 1 279 0.00% Roper Technologies Inc 15% 3 712 0.00% Ross Stores Inc 15% 4 282 0.00% Royal Bank of Canada 15% 11 752 0.00% ROYAL CARIBBEAN CRUISES LTD 15% 2 817 0.00% Royal Dutch Shell 15% 24 431 0.00% Rpm International Inc 15% 1 027 0.00% RSA Insurance Group PLC 15% 717 0.00% RWE AG 15% 1 681 0.00% RYANAIR HOLDINGS PLC SP ADR 15% 141 452 0.02% Ryman Healthcare Ltd 15% 814 0.00% Ryohin Keikaku Co Ltd 15% 520 0.00% Safran SA 15% 5 554 0.00% Sage Group PLC 15% 1 083 0.00% Salesforce.com Inc 15% 14 103 0.00% Samsung Electronics Co Ltd 15% 1 084 504 0.18% Sands China Ltd 15% 131 509 0.02% Santen Pharmaceutical Co Ltd 15% 699 0.00% Santos Ltd 15% 1 007 0.00% Saputo Inc 15% 792 0.00% SBERBANK OF RUSSIA 15% 796 040 0.13% Schroders PLC 15% 898 0.00% Seagate Technology 15% 1 513 0.00% Sealed Air Corp 15% 717 0.00% SeaWorld Entertainment 15% 1 325 0.00% Secom Co Ltd 15% 2 017 0.00% Securitas AB 15% 513 0.00% Seek Ltd 15% 584 0.00% SEI Investments Co 15% 901 0.00% Seibu Holdings Inc 15% 396 0.00% Seiko Epson Corp 15% 366 0.00% SembCorp Industries Ltd 15% 172 0.00% SEMPRA ENERGY 15% 4 158 0.00% ServiceNow Inc 15% 5 344 0.00% Severn Trent PLC 15% 888 0.00% Sgs SA 15% 1 397 0.00% Shaw Communications Inc 15% 993 0.00% SHIMADZU CORP 15% 853 0.00% SHIMANO INC 15% 1 112 0.00% Shiseido Co Ltd 15% 2 973 0.00% Siemens AG 15% 11 092 0.00% Singapore Exchange Ltd 15% 506 0.00% Singapore Press Holdings Ltd 15% 250 0.00% Sirius XM Holdings Inc 15% 1 502 0.00% SITEONE LANDSCAPE SUPPLY INC 15% 223 749 0.04% SJM Holdings Ltd 15% 181 0.00% Skandinaviska Enskilda Banken 15% 1 493 0.00% Skyworks Solutions Inc 15% 2 170 0.00% Smith & Nephew Plc 15% 2 099 0.00%

24 Smiths Group PLC 15% 826 0.00% Smurfit Kappa Group PLC 15% 937 0.00% Snap Inc 15% 1 079 0.00% Snap-on Inc 15% 898 0.00% Sodexo SA 15% 1 035 0.00% Softbank Corp 15% 9 388 0.00% Solvay SA 15% 791 0.00% Sonic Healthcare Ltd 15% 1 279 0.00% Sony Corp 15% 9 280 0.00% South32 15% 945 0.00% SOUTHERN CO 15% 7 218 0.00% Splunk Inc 15% 2 669 0.00% SPOTIFY TECHNOLOGY SA 15% 137 232 0.02% Square Enix Holdings Co Ltd 15% 473 0.00% Square Inc 15% 2 231 0.00% SSE Plc 15% 2 062 0.00% Standard Chartered Bank 15% 2 703 0.00% Stanley Black & Decker Inc 15% 2 511 0.00% Stanley Electric Co Ltd 15% 377 0.00% Starbucks Corp 15% 11 201 0.00% Stericycle Inc 15% 209 325 0.03% STERIS plc 15% 1 428 0.00% Straumann Holding AG 15% 1 069 0.00% STRYKER CORP 15% 7 035 0.00% Sumitomo Chemical Co Ltd 15% 700 0.00% Sumitomo Corp 15% 942 304 0.15% Sumitomo Heavy Industries Ltd 15% 307 0.00% Sun Life Financial Inc 15% 2 835 0.00% Suncor Energy Inc 15% 5 139 0.00% Suntory Beverage & Food Ltd 15% 543 0.00% Suzuken Co Ltd 15% 239 0.00% Suzuki Motor Corp 15% 1 677 0.00% SVB Financial Group 15% 1 325 0.00% Swedish Match AB 15% 899 0.00% Swire Pacific Ltd 15% 415 0.00% Swisscom AG 15% 1 361 0.00% Sydney Airport Ltd 15% 644 0.00% Symrise AG 15% 1 385 0.00% Synchrony Financial 15% 2 264 0.00% Synopsys Inc 15% 2 514 0.00% Sysco Corp 15% 4 127 0.00% Sysmex Corp 15% 324 649 0.05% T Rowe Price Group Inc 15% 3 298 0.00% T&D Holdings Inc 15% 780 0.00% T-Mobile US Inc 15% 1 833 0.00% Take-Two Interactive Software 15% 1 459 0.00% Takeda Pharmaceutical Co Ltd 15% 6 221 0.00% TAPESTRY INC 15% 731 0.00% Targa Resources Corp 15% 897 0.00% Target Corp 15% 7 109 0.00% TC Energy Corp 15% 4 885 0.00% TE CONNECTIVITY LTD 15% 1 151 513 0.19% TECH MAHINDRA 15% 120 962 0.02% TechnipFMC PLC 15% 921 0.00%

25 Teck Resources Ltd 15% 922 0.00% Teijin Ltd 15% 301 0.00% TELADOC HEALTH INC 15% 184 636 0.03% Tele2 AB 15% 859 0.00% Telecom Italia SpA 15% 990 0.00% Teleflex Inc 15% 1 601 0.00% Telenor ASA 15% 1 176 0.00% Telstra Corp Ltd 15% 1 042 0.00% TELUS CORP 15% 706 0.00% Tenaris SA 15% 497 0.00% Tencent Holdings Ltd 15% 824 665 0.13% Tenet Healthcare Corp 15% 562 040 0.09% Teradyne Inc 15% 305 607 0.05% TERUMO CORP 15% 2 263 0.00% Tesco Plc 15% 3 238 0.00% Tesla Inc 15% 325 473 0.05% Texas Instruments Inc 15% 12 476 0.00% Textron Inc 15% 1 036 0.00% The Swatch Group 15% 269 0.00% Thermo Fisher Scientific Inc 15% 489 149 0.08% Thomson-Reuters Corporation 15% 1 440 0.00% ThyssenKrupp AG 15% 557 0.00% TJX Cos Inc/The 15% 7 963 0.00% Toho Gas Co Ltd 15% 254 0.00% TOKYO ELECTRON LTD 15% 3 709 0.00% Tokyo Gas Co Ltd 15% 974 0.00% Tokyu Corp 15% 916 0.00% Toppan Printing Co Ltd 15% 511 0.00% TORAY INDUSTRIES INC 15% 999 0.00% Toshiba Tec Corp 15% 1 801 0.00% Tosoh Corp 15% 412 0.00% Total SA 15% 578 580 0.09% TOTO Ltd 15% 602 0.00% TOYO SUISAN KAISHA LTD 15% 422 0.00% Toyota Financial Services (SA) Ltd 15% 1 049 733 0.17% TOYOTA TSUSHO CORP 15% 768 0.00% Tractor Supply Co 15% 1 073 0.00% TransUnion 15% 1 488 0.00% Travelers Cos Inc 15% 3 561 0.00% Travis Perkins PLC 15% 554 659 0.09% Trimble Inc 15% 1 069 0.00% TripAdvisor Inc 15% 295 0.00% Twilio Inc 15% 930 0.00% Twitter Inc 15% 2 436 0.00% Tyler Technologies Inc 15% 819 0.00% Tyson Foods Inc 15% 2 711 0.00% Uber Technologies Inc 15% 912 0.00% UCB SA 15% 926 0.00% UGI Corp 15% 1 157 0.00% UNDER ARMOUR INC 15% 223 210 0.04% Unicredito Italiano Spa 15% 2 991 0.00% Unilever PLC 15% 998 974 0.16% Union Pacific Corp 15% 13 263 0.00% United Continental Holdings Inc 15% 636 0.00%

26 United Internet AG 15% 381 0.00% United Overseas Bank Ltd 15% 2 690 0.00% United Parcel Service Inc 15% 8 455 0.00% UNITED RENTALS INC 15% 1 314 0.00% United Technologies Corp 15% 13 015 0.00% United Utilities Group PLC 15% 782 0.00% Universal Health Services Inc 15% 1 166 0.00% Unum Group 15% 633 0.00% US Bancorp 15% 9 272 0.00% USS Co Ltd 15% 371 0.00% Vale - ADR 15% 851 449 0.14% Valero Energy Corp 15% 3 843 0.00% Varian Medical Systems Inc 15% 1 677 0.00% Veeva Systems Inc 15% 2 214 0.00% Venture Corp Ltd 15% 315 0.00% Veolia Environnement SA 15% 1 507 0.00% VeriSign Inc 15% 1 912 014 0.31% Verisk Analytics Inc 15% 2 435 0.00% Verizon Communications Inc 15% 26 319 0.00% Vertex Pharmaceuticals Inc 15% 5 645 0.00% VF Corp 15% 3 345 0.00% Vifor Pharma AG 15% 945 0.00% VINCI SA 15% 6 201 0.00% Visa Inc 15% 3 763 491 0.61% VMware Inc 15% 1 187 0.00% Vodafone Group Plc 15% 5 123 0.00% voestalpine AG 15% 308 0.00% Voya Financial Inc 15% 1 045 0.00% Vulcan Materials Co 15% 2 132 0.00% WABCO Holdings Inc 15% 648 0.00% Walgreens Boots Alliance Inc 15% 4 505 0.00% Walt Disney Co 15% 26 991 0.00% WASTE MANAGEMENT INC 15% 4 817 0.00% Waters Corp 15% 359 118 0.06% WEC Energy Group Inc 15% 2 978 0.00% Wellcare Health Plans Inc 15% 2 855 0.00% Wesfarmers Ltd 15% 3 751 0.00% West Fraser Timber Co Ltd 15% 279 0.00% West Pharmaceutical Services I 15% 684 0.00% Westpac Banking Corp 15% 5 952 0.00% WESTROCK COMPANY 15% 1 144 0.00% WH Group Ltd 15% 909 0.00% Whirlpool Corp 15% 1 043 0.00% Whitbread PLC 15% 784 0.00% WILLIAMS COS INC 15% 2 797 0.00% Willis Towers Watson PLC 15% 2 750 0.00% Wilmar International Ltd 15% 953 0.00% Wirecard AG 15% 1 448 0.00% Woodside Petroleum Ltd 15% 2 204 0.00% Workday Inc 15% 2 639 0.00% WorleyParsons Ltd 15% 424 0.00% WPP PLC 15% 1 829 0.00% WR Berkley Corp 15% 964 0.00% WULIANGYE YIBIN CO LTD 15% 322 298 0.05%

27 Wynn Macau Ltd 15% 185 868 0.03% Xcel Energy Inc 15% 3 718 0.00% Xerox Holdings Corp 15% 839 0.00% Xilinx Inc 15% 2 546 0.00% Yahoo Japan Corp 15% 1 082 0.00% Yakult Honsha Co Ltd 15% 662 0.00% Yamada Denki Co Ltd 15% 301 0.00% Yamaha Corp 15% 928 0.00% YAMAHA MOTOR CO LTD 15% 564 0.00% Yaskawa Electric Corp 15% 895 0.00% YOKOGAWA ELECTRIC CORP 15% 528 0.00% YUM BRANDS INC 15% 3 004 0.00% Yum China Holdings Inc 15% 143 110 0.02% ZAYO GROUP HOLDINGS 15% 802 0.00% Zebra Technologies Corp 15% 1 557 0.00% Zimmer Holdings Inc 15% 3 017 0.00% Zoetis Inc 15% 6 374 0.00% (a)(ii) Issuer market capitalisation of between R2 billion and R20 billion, or an SARB amount or conditions as prescribed maximum 885 320 0.14% limits Arconic Inc 10% 564 378 0.09% Hydro One Ltd 10% 612 0.00% Lawson Inc 10% 218 0.00% LEG IMMOBILIEN AG 10% 196 067 0.03% Marathon Oil Corp 10% 1 192 0.00% Medibank Private Ltd 10% 676 0.00% Recordati 10% 397 0.00% Stanbic Holdings Plc 10% 119 195 0.02% Teva Pharmaceutical Industries Ltd 10% 966 0.00% YAMATO HOLDINGS CO 10% 558 0.00% Zions Bancorp NA 10% 1 063 0.00% (a)(iii) Issuer market capitalisation of less than R2 billion, or an amount or SARB conditions as prescribed maximum 72 931 366 11.86% limits AbbVie Inc 5% 1 799 470 0.29% ABC-Mart Inc 5% 574 0.00% ABN AMRO Group 5% 726 0.00% Acom Co Ltd SH5 5% 129 0.00% Acrher Daniels Midland 5% 2 528 0.00% ACS ACTIVIDADES CONS 5% 1 060 0.00% ADEVINTA ASA 5% 99 696 0.02% ADO PROPERTIES SA 5% 6 266 0.00% Adobe Inc 5% 16 649 0.00% Advanced Micro Devices Inc 5% 4 904 0.00% Aeon Co Ltd 5% 339 0.00% AerCap Holdings 5% 798 0.00% Aeroports de Paris 5% 570 0.00% AES Corp 5% 1 254 0.00% African Bank Ltd 5% 106 510 0.02% Aier Eye Hospital Group Co Ltd 5% 89 398 0.01% Air Water Inc 5% 195 0.00% Airbus SE 5% 8 851 0.00% Aisin Seiki Co 5% 649 0.00% Alfresa Hldgs Corp 5% 402 0.00% Algonquin Power & Utilities Co 5% 724 0.00% Allergan Inc 5% 6 809 0.00%

28 Allianz SE 5% 751 677 0.12% Alstom SA (Pty) Ltd 5% 726 0.00% Alta Mesa Resources Inc 5% 580 0.00% AltaGas. 5% 471 0.00% Alumina Ltd 5% 362 0.00% Amadeus IT Group SA 5% 3 927 0.00% Amerada Hess Corp 5% 1 825 0.00% Amerco Inc 5% 335 0.00% Ameren Corp 5% 1 900 0.00% American Campus Communities 5% 54 933 0.01% TRUIST FINANCIAL CORP 5% 7 485 0.00% Tryg A/S 5% 283 0.00% TSINGTAO BREWERY H 5% 104 618 0.02% TUI Group 5% 529 0.00% UBS AG 5% 5 373 0.00% Ulta Beauty Inc 5% 1 503 0.00% UMICORE 5% 1 010 0.00% UNANA UNILEVER 5% 125 831 0.02% Uni-Charm Corp 5% 1 362 0.00% Unite Group 5% 36 393 0.01% United Healthcare Group Inc 5% 852 597 0.14% United Urban Investment Corp 5% 528 0.00% UnitedHealth Group Inc 5% 28 850 0.00% UPM-Kymmene OYJ 5% 1 811 0.00% US Airways Group 5% 357 0.00% Vail Resorts 5% 960 0.00% Valeant Pharmaceuticals International Inc 5% 890 0.00% Valeo 5% 886 0.00% Vestas Wind Systems 5% 2 015 0.00% ViacomCBS Inc 5% 2 243 0.00% VISTRA ENERGY CORP 5% 1 199 0.00% Vivendi Universal 5% 2 721 0.00% Volkswagen 5% 4 235 0.00% Volvo Grp 5% 2 459 0.00% Wabtec Corp 5% 192 310 0.03% Wal Mart Stores 5% 17 616 0.00% Wartsila OYJ Abp 5% 490 0.00% WASTE CONNECTIONS 5% 2 455 0.00% Wayfair Inc 5% 584 0.00% Weir Group Plc 5% 419 0.00% Welcia Holdings Co Ltd 5% 396 0.00% Wells Fargo & Co 5% 23 191 0.00% Wells Fargo And Company 5% 178 860 0.03% Welltower Inc 5% 135 739 0.02% Wendel SE 5% 346 0.00% WEST JAPAN RAILWAY COMPANY 5% 1 650 0.00% Western Digital Corporation 5% 1 874 0.00% Western Union Co. 5% 1 510 0.00% Westlake Chemical Corp 5% 619 0.00% Weston George Ltd 5% 604 0.00% Wharf Real Estate Investment Co Ltd 5% 771 0.00% Wheaton Precious Metals Corp 5% 1 359 0.00% Wheelock and Co Ltd 5% 605 0.00% Wix.Com Ltd 5% 668 0.00%

29 Wolters Kluwer NV 5% 2 175 0.00% Woolworths Holdings Ltd 5% 3 218 0.00% Wynn Resorts 5% 1 358 0.00% X5 Retail Group 5% 148 974 0.02% XPO Logistics Inc 5% 1 981 740 0.32% Xylem Inc 5% 1 398 0.00% Yamazaki Baking Co Ltd 5% 181 0.00% Yandex NV 5% 441 553 0.07% Yangzijiang Shipbuilding Holdings Ltd 5% 556 0.00% Yara International 5% 753 0.00% Yokohama Rubber 5% 215 0.00% Youdao - A 5% 83 097 0.01% Yue Yuen Industrial Holdings Ltd 5% 192 0.00% Zalando SE 5% 915 0.00% Zenith Bank 5% 182 494 0.03% ZILLOW GROUP C 5% 302 713 0.05% Zurich Insurance Group AG 5% 6 162 0.00% KBC GROUP NV 5% 1 908 0.00% Keihan Electric Railway Co Ltd 5% 464 0.00% Keikyu Corp 5% 446 0.00% Keisei Electric Railway Co Ltd 5% 556 0.00% KENYA COMMERCIAL BANK LTD 5% 172 530 0.03% KERRY PROPERTIES LTD 5% 224 0.00% Keysight Technologies 5% 1 830 0.00% Kinnevik Investment 5% 2 903 0.00% Kintetsu Group Holdings Co Ltd 5% 920 0.00% Kion Group 5% 488 0.00% Kirin Brewery Co Ltd 5% 1 760 0.00% KKR & Co Inc 5% 1 484 0.00% Knight-Swift Transportation Ho 5% 421 0.00% Koito Manufacturing Co Ltd 5% 527 0.00% Kone Corporation 5% 2 217 0.00% Koninklijke Ahold 5% 2 979 0.00% KONINKLIJKE KPN 5% 1 155 0.00% Koninklijke Philips NV 5% 4 518 0.00% Koninklijke Vopak NV 5% 396 0.00% Koyo Seiko CO Ltd 5% 203 0.00% KRAFT FOODS GROUP INC 5% 2 571 0.00% Kubota Corp 5% 121 813 0.02% Kuehne & Nagel International 5% 813 0.00% Kungsleden AB 5% 88 739 0.01% L E Lundbergforetagen AB 5% 285 0.00% L'Oreal 5% 7 521 0.00% Laboratory Corp Of America Hol 5% 1 695 0.00% LandMark Optoelectronics Corp 5% 107 261 0.02% LAS VEGAS SANDS CORP 5% 2 451 0.00% Legal And General Gp 5% 2 447 0.00% Leggett & Platt Inc 5% 633 0.00% Legrand 5% 2 111 0.00% Leidos Hldgs Inc 5% 1 746 0.00% Lend Lease Corp Ltd 5% 92 085 0.01% Lendlease Global Commercial RE 5% 71 428 0.01% Lennox Intl Inc 5% 977 0.00% Liberty Media Corporation 5% 1 322 0.00%

30 Lilly (Eli) & Co 5% 11 843 0.00% Lloyds TSB Group Plc 5% 1 067 182 0.17% Loblaw Cos Ltd 5% 1 043 0.00% Loews Corp 5% 1 432 0.00% London Stock Exchange Group plc 5% 3 297 0.00% Lonza Group AG 5% 2 651 0.00% Lowe's Co Inc 5% 9 849 0.00% Lvmh Moet Hennessy 5% 13 274 0.00% LyondellBasell Industries 5% 2 477 0.00% M&T Bank 5% 2 151 0.00% MAGNIT 5% 242 398 0.04% MAIL RU GROUP LTD 5% 226 633 0.04% MAKEMYTRIP LTD 5% 76 843 0.01% MarketAxess Hldg Inc 5% 225 641 0.04% Marks & Spencer Plc 5% 513 0.00% MAROC TELECOM 5% 336 573 0.05% Marriott Intl Inc 5% 4 356 0.00% Marsh & McLennan Cos Inc 5% 5 619 0.00% Marui Group Co Ltd 5% 398 0.00% Maruichi Steel Tube Ltd 5% 105 0.00% Marvell Tech Group 5% 1 592 0.00% Maxim Integrated Products 5% 1 654 0.00% MCB Group Ltd 5% 231 655 0.04% McDonald's Holdings Company (Japan) Ltd 5% 281 0.00% MCGRAW HILL FINANCIAL 5% 6 734 0.00% McGraw Hill Financial Inc 5% 971 212 0.16% Mega Manunggal Property Tbk PT 5% 3 214 0.00% Meituan Dianping (P Chip) 5% 84 078 0.01% Melco Crown Entertainment Ltd 5% 124 728 0.02% Melrose Plc 5% 1 566 0.00% Meridian Energy Ltd 5% 461 0.00% METALLGESELLSCHAFT AG 5% 547 0.00% METRO Wholesale & Food Specialist 5% 247 0.00% Mettler-Toledo International I 5% 1 892 0.00% Middleby Corp/The 5% 641 0.00% Millea Holdings Inc 5% 3 581 0.00% Millicom International Cellular 5% 495 0.00% Mitsubishi Chemical Holdings C 5% 974 0.00% Mitsubishi Corp 5% 311 0.00% MITSUBISHI ESTATE CO LTD 5% 230 368 0.04% Mitsubishi Estate Logistics RE 5% 47 477 0.01% Mitsubishi Heavy Industries Lt 5% 1 287 0.00% Mitsubishi Tanabe Pharma Corp 5% 443 0.00% Mitsubishi UFJ Holdings Inc 5% 6 754 0.00% Mitsubishi UFJ Lease & Finance 5% 230 0.00% Mitsui Chemicals Inc 5% 258 0.00% Mohawk Industies Inc 5% 844 0.00% Mondelez International Group Inc 5% 8 546 0.00% MongoDB Inc 5% 707 0.00% Monster Beverage Co. 5% 2 585 0.00% Moodys Corp 5% 888 393 0.14% Morrison Supermarkets Plc 5% 655 0.00% MS&AD Insurance Group Holdings Inc 5% 420 364 0.07% Munich Re 5% 4 243 0.00%

31 Murata Manufacturing Co Ltd 5% 3 837 0.00% Mylan Inc 5% 1 064 0.00% Nagoya Railroad Co Ltd 5% 551 0.00% Namco Bandai Holdings Inc 5% 1 197 0.00% Namibian Breweries Ltd 5% 160 738 0.03% Nasdaq Inc 5% 1 159 0.00% National Australia Bank Ltd 5% 5 163 0.00% Natixis 5% 419 0.00% NEC Corp SHS 5% 1 105 0.00% Neste Oyj 5% 1 753 0.00% NetEase Inc 5% 560 571 0.09% Netease.com Inc 5% 3 114 381 0.51% Neurocrine Biosciences Inc 5% 538 0.00% New Oriental Education & Technology Group 5% 130 210 0.02% New World Development Co Ltd 5% 93 896 0.02% News Corporation 5% 583 0.00% NGK Spark Plug Co Ltd 5% 276 0.00% NHN Corp 5% 105 765 0.02% NICE Systems Ltd 5% 1 337 0.00% Nielsen Holdings 5% 679 0.00% Nikon Corp 5% 411 0.00% Nippon Express Co Ltd 5% 410 0.00% Nippon Meat Packers Inc 5% 338 0.00% Nippon Paint Co Ltd 5% 733 0.00% Nippon Steel & Sumitomo Metal 5% 1 130 0.00% Nippon Telegraph & Telephone 5% 3 291 0.00% Nippon Yusen KK 5% 345 0.00% Nissan Chemical Industries Ltd 5% 621 0.00% NN Group N.V. 5% 1 075 0.00% NOAH HOLDINGS LTD 5% 95 585 0.02% Northern Trust Corp 5% 2 225 0.00% Northrup Grumman 5% 5 496 0.00% Norwegian Cruise Line Holdings Ltd 5% 1 185 0.00% Notre Dame Intermedica Partici 5% 128 478 0.02% Novartis 5% 21 153 0.00% Novo Nordisk 5% 10 718 0.00% Novozymes AS 5% 1 036 0.00% NOW Inc 5% 72 298 0.01% NWS Holdings Ltd 5% 176 0.00% NXP Semiconductors 5% 3 498 0.00% Obic Co Ltd 5% 894 0.00% Odakyu Electric Railway Co Ltd 5% 661 0.00% Odontoprev 5% 129 457 0.02% Olam International Ltd 5% 322 278 0.05% Old Dominion Freight Line 5% 1 157 0.00% OMNICOM GROUP 5% 1 831 0.00% On Semiconductor 5% 994 0.00% Onex Corp 5% 539 0.00% Oracle Corp 5% 275 0.00% Orange SA 5% 2 826 0.00% ORIENTAL LAND CO LTD 5% 2 847 0.00% Oriental Weavers Carpet Co 5% 135 648 0.02% ORKLA ASA 5% 766 0.00% Osaka Securities Exchange (OSE) 5% 950 0.00%

32 Österreichische Elektrizitätswirtschafts AG 5% 418 0.00% Otsuka Holding Co Ltd 5% 1 659 0.00% Oversea-Chinese Banking Corp Ltd 5% 2 533 0.00% Paddy Power Plc 5% 984 0.00% Panasonic Corp 5% 2 131 0.00% Pao de Acucar 5% 203 276 0.03% Pargesa Holding SA 5% 675 0.00% Parker-Hannifin Corp 5% 2 680 0.00% Partners Group Hlg 5% 1 983 0.00% PCCW Ltd 5% 213 0.00% Pembina Pipeline Corporation 5% 2 447 0.00% Pernod-Ricard 5% 500 779 0.08% Perrigo Co PLC 5% 1 019 0.00% Peugeot S.A. 5% 1 356 0.00% Pigeon Corp 5% 474 0.00% Ping An Insurance Group Co of China Ltd 5% 477 052 0.08% Pinnacle West Capital Corp 5% 920 0.00% Pirelli & C SpA 5% 220 0.00% Plymouth Industrial REIT Inc 5% 23 327 0.00% PNC FINANCIAL SERVICES GROUP 5% 7 146 0.00% Pola Orbis Holdings Inc 5% 262 0.00% Porsche AG 5% 10 144 0.00% Poste Italiane 5% 953 0.00% Power Grid Corp of India Ltd 5% 108 073 0.02% PPG Industries 5% 3 124 0.00% PROSUS NV 5% 12 635 017 2.05% PRUDENTIAL CORP PLC 5% 988 617 0.16% Prysmian Group 5% 517 0.00% PTC Inc 5% 1 009 0.00% Public Service Enterprise Group Inc 5% 2 881 0.00% PUBLICIS GROUPE 5% 936 0.00% Pulte Corp 5% 966 0.00% PUMA AG 5% 665 0.00% Quest Diagnostics Inc 5% 1 359 0.00% QUINTILES IMS HOLDINGS INC 5% 3 024 0.00% Raiffeisen Bank International 5% 402 0.00% Randstad Hldg 5% 714 0.00% Raymond James Financial Inc 5% 1 086 0.00% REA Group Ltd 5% 728 0.00% Reinsurance Group of America I 5% 1 071 0.00% Reliance Industries Ltd 5% 362 275 0.06% Remy Cointreau 5% 620 0.00% Renesas Electronics Corp 5% 615 0.00% Republic Services Inc 5% 1 955 0.00% RESTAURANT BRANDS INTERNATIONAL INC 5% 2 081 0.00% Richter 5% 193 876 0.03% RingCentral Inc 5% 767 0.00% Rio Tinto PLC 5% 2 763 0.00% RITCHIE BROS AUCTIONEERS 5% 186 504 0.03% Robert Half International 5% 771 0.00% Rollins Inc 5% 849 0.00% Rolls-Royce Group PLC 5% 589 122 0.10% Royal Bank of Scotland Grp Plc 5% 1 458 0.00% RYANAIR HOLDINGS PLC SP ADR 5% 1 236 807 0.20%

33 SABRE 5% 625 0.00% SAFARICOM LTD 5% 371 574 0.06% Safestore Holdings PLC 5% 26 776 0.00% Sampo Oyi 5% 1 926 0.00% Samsung Electronics Co Ltd 5% 754 969 0.12% Sandvik 5% 2 603 0.00% Sanofi-Synthelabo SA 5% 11 811 0.00% Sanrio Co. Ltd 5% 121 0.00% SAP SE 5% 629 938 0.10% Sarepta Therapeutics Inc 5% 916 0.00% SATS Ltd 5% 217 0.00% SBERBANK OF RUSSIA 5% 1 282 387 0.21% SBI Holdings Inc 5% 485 0.00% SBI LIFE INSURANCE CO LTD 5% 111 925 0.02% Schibsted ASA 5% 251 898 0.04% Schindler Hldg AG 5% 392 353 0.06% SCHLUMBERGER LIMITED 5% 6 087 0.00% Schneider Electric SE 5% 5 776 0.00% Scor SA 5% 671 0.00% Seattle Genetics 5% 299 335 0.05% SEB SA 5% 286 0.00% Sega Sammy Holdings Inc 5% 239 0.00% Sekisui Chemical Co Ltd 5% 617 0.00% Sekisui House 5% 1 559 0.00% Sensata Technologies Holding P 5% 307 620 0.05% Service Corp 5% 344 615 0.06% SES SA 5% 468 0.00% Seven & I Holdings 5% 2 757 0.00% Seven Bank Ltd 5% 172 0.00% SG Holdings Co Ltd 5% 671 0.00% Sharp Corporation 5% 269 0.00% Sherwin-Williams Co 5% 4 812 0.00% SHIMADZU CORP 5% 971 0.00% Shimamura Co Ltd 5% 490 0.00% Shin-Etsu Chemical Co Ltd 5% 4 158 0.00% Shinsei Bank Ltd 5% 646 0.00% Shionogi & Co. Ltd 5% 1 750 0.00% Shizuoka Bank Ltd 5% 553 0.00% Shopify Inc. 5% 330 094 0.05% Showa Denko KK 5% 357 0.00% Shurgard Self Storage SA 5% 135 070 0.02% Signature Bank/New York NY 5% 714 0.00% Singapore Airlines 5% 716 0.00% Singapore Technologies Engineering Ltd 5% 440 0.00% SingTel 5% 2 122 0.00% Sino Land Co Ltd 5% 475 0.00% Six of October Development & I 5% 130 481 0.02% Skanska AB 5% 717 0.00% Skf Ab Ser 'B' 5% 756 0.00% SMC Corp 5% 327 138 0.05% Smith (AO) Corp 5% 717 0.00% SNAM SpA 5% 1 121 0.00% Societe Generale (SG) 5% 3 260 0.00% Sohgo Security Services Co Ltd 5% 477 0.00%

34 Sompo Holdings Inc 5% 1 262 0.00% Sonova Holding 5% 1 261 0.00% Sony Financial Holdings Inc 5% 363 0.00% Southwest Airlines 5% 379 735 0.06% Spirit AeroSystems Holdings Inc 5% 776 0.00% Sprint Corporation 5% 1 052 0.00% SS and C Technologies Hldgs Inc 5% 1 799 0.00% St Microelectronics 5% 1 909 0.00% St. James's Place Plc 5% 771 448 0.13% Stars Group Inc/The 5% 623 0.00% Start Today Co. Ltd 5% 160 0.00% State Street Bank 5% 2 877 0.00% Steel Dynamics Inc 5% 858 0.00% Stora Enso Oyj (R) 5% 791 0.00% STORAGEVAULT CANADA INC 5% 22 131 0.00% Suez Environnement 5% 487 0.00% SumCo Corp 5% 405 0.00% Sumitomo Electric Industries Ltd 5% 1 022 0.00% Sumitomo Metal Mining Co Ltd 5% 711 0.00% Sumitomo Mitsui Financial Group Inc 5% 346 564 0.06% Sumitomo Mitsui Trust Holdings 5% 295 314 0.05% Sumitomo Rubber Industries 5% 178 0.00% Sun Hung Kai Properties Ltd 5% 2 866 0.00% Suncorp-Metway Ltd 5% 1 174 0.00% Sundrug Co Ltd 5% 325 0.00% Svenska Handelsbnk A 5% 1 598 0.00% SWEDBANK 5% 1 329 0.00% Swiss Life Hldg 5% 1 948 0.00% Swiss Prime Site AG 5% 904 0.00% Swiss Re 5% 3 491 0.00% Tabcorp Holdings 5% 679 0.00% Taiheiyo Cement Corp 5% 382 0.00% Taisei Corp 5% 865 0.00% Taisho Pharmaceutical Holdings Co Ltd 5% 359 0.00% Taiwan Semiconductor Mfg Co Ltd 5% 2 226 906 0.36% TAIYO NIPPON SANSO CORP 5% 641 0.00% Talaat Moustafa Group 5% 121 161 0.02% Tata Consultancy Services Ltd 5% 98 654 0.02% Taubman Centers 5% 21 346 0.00% Taylor Wimpey PLC 5% 824 0.00% TD Ameritrade Holding Corp 5% 225 520 0.04% TDK Corp 5% 1 444 0.00% Techtronic Industries Co Ltd 5% 258 610 0.04% Telecom Corp Of New Zealand Ltd 5% 572 0.00% Teledyne Technologies Inc 5% 1 640 0.00% Telefonica 5% 3 233 0.00% Telefonica Deutschland Holding AG 5% 191 0.00% Telenet Group Holding NV 5% 218 0.00% Telia Co AB 5% 1 196 0.00% Temp Holdings Co Ltd 5% 359 0.00% Tencent Music Entertainment Gr 5% 104 326 0.02% Tenth of Ramadan Pharmaceutica 5% 88 943 0.01% Terna Grp 5% 979 0.00% Textainer Group Holdings Ltd 5% 2 051 729 0.33%

35 The Hershey Co 5% 2 178 0.00% The Mosaic Co. 5% 731 0.00% The Swatch Group 5% 803 0.00% THK Co Ltd 5% 271 0.00% Thomson-CSF 5% 1 076 0.00% Tiffany & Co Inc 5% 1 557 0.00% TLG Immobilien AG 5% 100 159 0.02% Tobu Railway Co Ltd 5% 731 0.00% Toho Co Ltd/Tokyo 5% 435 0.00% TOHOKU ELECTRIC POWER 5% 433 0.00% Tokyo Electric Power Company Inc 5% 618 0.00% Tokyu Fudosan Holdings Corp 5% 92 657 0.02% Toronto-Dominion Bank 5% 10 637 0.00% Toyo Seikan Kaisha Ltd 5% 245 0.00% Toyoda Gosei Co Ltd 5% 147 0.00% TPG Telecom Ltd 5% 133 0.00% Trade Desk Inc/The 5% 185 714 0.03% TransDigm Inc 5% 2 722 0.00% Transurban Group TCL 5% 3 270 0.00% Treasury Wine Estates 5% 797 0.00% Trend Micro Inc/Japan 5% 735 0.00% Trip.com Group Ltd 5% 165 540 0.03% American Express Co 5% 8 785 0.00% AMP LIMITED 5% 369 0.00% Amundi SA 5% 496 0.00% ANA Holdings Inc 5% 416 0.00% Anthem Inc 5% 967 129 0.16% Antofagasta Ord 5% 508 0.00% AP Moller-Maersk 5% 1 510 0.00% Aptiv PLC 5% 2 445 0.00% Arcelor Mittal NPV 5% 1 206 0.00% ARCH CAPITAL GROUP 5% 1 864 0.00% Arena REIT 5% 11 147 0.00% ARKEMA 5% 752 0.00% Asahi Group Holdings Ltd 5% 1 783 0.00% Ashtead Grp Plc 5% 1 529 0.00% ASML Holding NV 5% 13 116 0.00% Assa Abloy AB 5% 2 342 0.00% Assicurazioni Generali SpA 5% 2 127 0.00% ATCO Ltd 5% 308 0.00% Athene Holding Ltd 5% 698 0.00% Atlantia 5% 1 206 0.00% ATLAS COPCO AB 5% 312 624 0.05% Atos SE 5% 771 0.00% ATTIJARIWAFA BANK 5% 355 504 0.06% AURORA CANNABIS 5% 137 0.00% AusNet Services Ltd 5% 182 0.00% Australia and New Zealand Banking Group Ltd 5% 5 203 0.00% AutoZone Inc 5% 280 329 0.05% Aviva 5% 2 047 0.00% AXA Equitable Holdings Inc 5% 1 416 0.00% AXALTA COATING SYSTEMS 5% 612 0.00% Axis Bank 5% 173 003 0.03% Axon Enterprise Inc 5% 173 335 0.03%

36 AZRIELI GROUP 5% 655 0.00% B3 SA - Brasil Bolsa Balcao 5% 268 698 0.04% Baker Hughes Co 5% 1 763 0.00% Baloise Holding 5% 858 0.00% Banco Bradesco SA 5% 391 697 0.06% Banco de Sabadell 5% 722 0.00% Banco Espirito Santo SA 5% 0 0.00% Bank Hapoalim 5% 868 0.00% Bank Leumi Le-Israel BM 5% 1 065 0.00% Bank of Ireland 5% 177 221 0.03% Bank of Kyoto Ltd/The 5% 229 0.00% Bank of Nova Scotia 5% 7 249 0.00% Bank Windhoek Holdings Ltd 5% 52 778 0.01% Bankamerica 5% 1 361 548 0.22% Bankia 5% 229 0.00% Baozun Inc 5% 131 284 0.02% Barry Callebaut AG 5% 422 0.00% BBVA 5% 4 052 0.00% Becton Dickinson & Co 5% 7 931 0.00% BeiGene Ltd 5% 679 0.00% BELGACOM 5% 464 0.00% Benesse Holdings Inc 5% 164 0.00% Berkeley Group Holdings PLC 5% 805 0.00% Berry Global Group Inc 5% 298 231 0.05% Bharat Forge Ltd 5% 111 583 0.02% BHP Steel Ltd 5% 545 0.00% Big Yellow Group PLC 5% 68 743 0.01% BIM BIRLESIK MAGAZALAR 5% 226 405 0.04% Biogen Idec Inc 5% 5 985 0.00% Blackstone Group Inc/The 5% 4 169 0.00% BM&F BOVESPA SA 5% 32 041 0.01% BNP Paribas 5% 6 972 0.00% BOC Hong Kong Holdings Ltd 5% 1 268 0.00% Bollore 5% 360 0.00% Booz Allen Hamilton Holding Co 5% 777 0.00% BorgWarner Inc 5% 865 0.00% Bouygues SA 5% 919 0.00% BP Amoco 5% 13 105 0.00% Bristol-Myers Squibb 5% 406 783 0.07% Bristol-Myers Squibb Co 5% 15 646 0.00% Broadcom Corp 5% 13 310 0.00% Broadridge Financial Solutions Inc 5% 296 406 0.05% BROWN & BROWN 5% 718 0.00% Brown Forman Corp 5% 2 324 0.00% Burlington Stores Inc 5% 1 909 0.00% C H Robinson Worldwide Inc 5% 1 025 0.00% Cadence Design Systems 5% 2 352 0.00% CAIXABANK SA 5% 1 171 0.00% Calbee Inc 5% 283 0.00% Cameco Corp Common Stock CAD 5% 294 0.00% Campbell Soup Co. 5% 1 199 0.00% Canadian Pacific Railway Ltd 5% 459 0.00% Capgemini 5% 1 958 0.00% CapitaLand Ltd 5% 666 0.00%

37 Capri Holdings Ltd 5% 553 0.00% Carlsberg 5% 1 655 0.00% Carnival PLC 5% 2 172 0.00% Carrefour SA 5% 1 026 0.00% Casino Guichard Perrachon 5% 204 0.00% Castellum AB 5% 114 110 0.02% CBRE Group Inc 5% 2 051 0.00% Celanese Corp Series A 5% 1 610 0.00% Centamin Egypt Ltd 5% 227 103 0.04% Centuria Capital Group 5% 52 001 0.01% Century Tokyo Leasing Corp 5% 328 0.00% CenturyLink Inc 5% 1 241 0.00% CGI Inc 5% 2 167 0.00% Challenger Financial Services Group Ltd 5% 306 0.00% Charles Schwab Corp 5% 5 697 0.00% Cheung Kong Infrastructure Holdings Ltd 5% 446 0.00% Chiba Bank Ltd 5% 406 0.00% Chocoladefabriken Lindt & Spru 5% 1 724 0.00% Chr Hansen Holding A/S 5% 773 0.00% CI Capital Holding for Financi 5% 103 297 0.02% CI FINANCIAL CORPORATION 5% 410 0.00% Cie Financiere Richemont SA 5% 707 004 0.11% CIMIC Group Ltd 5% 237 0.00% City Developments Ltd 5% 288 0.00% CK Asset Holdings 5% 231 112 0.04% CK Hutchison Holdings 5% 2 888 0.00% Cnh Industrial 5% 1 208 479 0.20% Co-operative Bank of Kenya Ltd 5% 82 372 0.01% Coca Cola Co 5% 26 052 0.00% COCHLEAR LIMITED 5% 863 0.00% Colgate-Palmolive Co 5% 6 134 0.00% Coloplast 5% 1 363 0.00% Colruyt SA 5% 639 0.00% COMFORTDELGRO CORPORATION 5% 367 0.00% Commercial International Bank 5% 742 012 0.12% Commonwealth Bank of Australia 5% 10 320 0.00% Computer Share Ltd 5% 519 0.00% Constellation Brds Class A 5% 3 137 0.00% Container Corp Of India Ltd 5% 104 380 0.02% CONTINENTAL RESOURCES INC 5% 358 0.00% Cooper Cos Inc/The 5% 1 652 0.00% CoStar Group 5% 2 289 0.00% COTY A 5% 268 0.00% Cousins Properties Inc 5% 126 829 0.02% Covestro 5% 806 0.00% CP All PLC 5% 45 743 0.01% Credit Agricole Egypt SAE 5% 112 293 0.02% Credit Agricole SA 5% 1 730 0.00% Cronos Group Inc 5% 157 0.00% Crown Ltd 5% 1 194 0.00% CTRIP.COM INTERNATIONAL-ADR 5% 161 318 0.03% CubeSmart 5% 146 782 0.02% CVS Health Corp 5% 9 984 0.00% Daicel Corp 5% 230 0.00%

38 Dainippon Sumitomo Pharma Co 5% 282 0.00% Dairy Farm International Holdi 5% 251 0.00% Daito Trust Construction Co. Ltd 5% 886 0.00% DANGOTE CEMENT PLC 5% 121 426 0.02% Danone SA 5% 5 162 0.00% Danske Bank 5% 1 056 0.00% Darden Restaurants Inc 5% 1 377 0.00% Dassault Aviation 5% 378 0.00% DENTSPLY SIRONA 5% 1 185 0.00% DEUTSCHE ANNINGTON 5% 493 943 0.08% Deutsche Lufthansa 5% 401 0.00% Deutsche Wohnen SE 5% 20 238 0.00% DIAMONDBACK ENERGY 5% 1 515 0.00% Direct Line Insurance Grp 5% 645 0.00% Disco Corp 5% 607 0.00% Dish Network Corporation 5% 837 0.00% DocuSign Inc 5% 937 0.00% DOLLAR GENERAL CORP 5% 399 134 0.06% Dominion Energy Inc 5% 7 372 0.00% Dominos Pizza Inc 5% 1 112 0.00% Don Quijote Holdings Co Ltd 5% 759 0.00% Dsm NV 5% 2 337 0.00% Duke Energy Holding Corp 5% 6 521 0.00% E*TRADE Financial Corp 5% 1 142 0.00% E-Mini S&P 500 5% 22 491 0.00% E.ON SE 5% 2 278 0.00% Eastern Tobacco 5% 251 647 0.04% Eaton Corp PLC 5% 4 043 0.00% Edenred EUR 5% 1 346 0.00% Edison International 5% 2 792 0.00% EDITA FOOD INDUSTRIES SAE 5% 121 403 0.02% Edwards Lifesciences 5% 4 892 0.00% Eiffage 5% 893 0.00% Eisai Co Ltd 5% 1 921 0.00% Elanco Animal Health Inc 5% 1 193 0.00% Elbit Systems Ltd 5% 312 0.00% ELECTRIC POWER DEVELOPMENT 5% 488 0.00% Electricite de France (EDF) 5% 651 0.00% Elisa 5% 870 0.00% Ems Chemie Holding 5% 589 0.00% Enagas 5% 544 0.00% Energias de Portugal 5% 1 088 0.00% ENTRA ASA 5% 133 584 0.02% Epam Systems 5% 1 429 0.00% Epiroc 5% 191 783 0.03% EQUITY BANK LTD 5% 217 468 0.04% Ericsson Lm 5% 2 688 0.00% Erste Bank 5% 1 067 0.00% ESSILORLUXOTTICA SA 5% 4 335 0.00% Essity Aktiebolag B 5% 1 913 0.00% ESTACIO PARTICIPACOES ON 5% 132 135 0.02% Eurazeo SE 5% 337 0.00% Eurofins Scientific SE 5% 703 0.00% European Aeronautic Defence and Space Co 5% 276 541 0.04%

39 Eutelsat Communications SA 5% 338 0.00% Evonik Industries 5% 518 0.00% EXOR SpA 5% 760 0.00% Expeditors International of Washington Inc 5% 1 317 0.00% FactSet Research Systems Inc 5% 784 592 0.13% Fairfax Financial Hldgs Ltd 5% 281 973 0.05% FamilyMart 5% 655 0.00% Fanuc Ltd 5% 4 067 0.00% FAWRY FOR BANKING & PAYMENT TECHNOLOGY SERVICES 5% 146 159 0.02% Fidelity Nationall Information Services 5% 8 558 0.00% First Capital Realty Inc 5% 0 0.00% First Republic Bank/CA 5% 1 887 0.00% Fisher & Paykel Healthcare Corp Ltd 5% 883 0.00% Flight Centre Ltd 5% 192 0.00% FMC Technologies Inc 5% 1 226 0.00% FNB Namibia Holdings Ltd 5% 268 321 0.04% Fomento Economico Mexicano SAB 5% 288 136 0.05% Fomento Economico Mexicano SAB de CV Units 5% 288 432 0.05% Ford Motor Co. 5% 3 764 0.00% Fortinet Inc 5% 1 947 0.00% Fortis Inc 5% 1 814 0.00% Fortune Brands Home & Security Inc 5% 1 024 0.00% Fox Corp 5% 2 697 0.00% FPL Group 5% 11 927 0.00% Fraport AG 5% 380 0.00% Freeport Mcmor C&G 5% 2 312 0.00% Fresenius SE & Co KGaA 5% 2 278 0.00% FUCHS PETROLUB SE 5% 708 0.00% Fujitsu General Ltd 5% 1 849 0.00% Galapagos NV 5% 899 0.00% GALLAGHER (ARTHUR J.) 5% 420 993 0.07% Galp Energia SGPS SA 5% 900 0.00% Gamesa Corp Tecnologica SA 5% 376 0.00% Gen Dynamics Corp 5% 4 272 0.00% Genmab 5% 160 305 0.03% Getlink SE 5% 786 0.00% Givaudan 5% 2 803 0.00% Gjensidige Forsikring ASA 5% 505 0.00% GLOBE LIFE INC 5% 1 467 0.00% GODADDY INC CLASS A 5% 1 582 0.00% Grainger PLC 5% 85 966 0.01% Groupe Bruxelles Lambert 5% 794 0.00% GRUPO FINANCIERO BANORTE 5% 90 086 0.01% Guaranty Trust Bank 5% 349 413 0.06% Guidewire Software Inc 5% 509 0.00% H LUNDBECK 5% 236 0.00% Hakon Invest AB 5% 346 0.00% Hakuhodo DY Holdings Inc 5% 735 0.00% Halliburton Co. 5% 2 128 0.00% HANG LUNG PROPERTIES 5% 493 0.00% Hankyu Hanshin Holdings 5% 1 066 0.00% Hannover Reuckvers 5% 1 106 0.00% Hapvida Participacoes e Invest 5% 113 438 0.02% Hartford Financial Services Gr 5% 2 084 0.00%

40 Harvey Norman Holdings Ltd 5% 115 0.00% HCL TECHNOLOGIES 5% 139 743 0.02% HD Supply 5% 772 0.00% HDFC Bank Ltd 5% 213 280 0.03% HEICO Corp 5% 1 372 0.00% Heidelberg Cement AG 5% 1 106 0.00% Heineken 5% 1 064 0.00% Henderson Land Development Co Ltd 5% 767 0.00% Henkel AG & Co KGaA 5% 123 391 0.02% Hexagon AB 5% 1 513 0.00% Hikari Tsughin Inc 5% 495 0.00% HILTON WORLDWIDE HLDGS 5% 79 104 0.01% Hirose Electric Co Ltd 5% 99 018 0.02% Hisamitsu Pharmaceutical Co 5% 248 0.00% Hitachi Construction Machinery Co Ltd 5% 286 0.00% HKEX 5% 4 143 0.00% HKT Trust and HKT Ltd 5% 505 0.00% Hochtief 5% 202 0.00% Holcim 5% 339 850 0.06% Hongkong Electric Hldgs Ltd 5% 981 0.00% Hongkong Land Holdings Ltd 5% 630 0.00% Hoshizaki Electric Co. Ltd. 5% 15 391 0.00% HOUSING DEV FINANCE CORP 5% 968 472 0.16% Howard Hughes 5% 131 777 0.02% Howmet Aerospace Inc 5% 692 743 0.11% HP Inc 5% 3 085 0.00% HUFVUDSTADEN 5% 91 663 0.01% Hulic Co Ltd 5% 359 0.00% Huntington Bancshares Inc 5% 1 712 0.00% Huntington Ingalls Industries Inc 5% 1 019 0.00% Husqvarna 5% 274 0.00% Hysan Development Co Ltd 5% 56 221 0.01% iA Financial Corp Inc 5% 568 0.00% Iac Interactivecor 5% 1 813 0.00% ICICI Bank Ltd 5% 447 759 0.07% IDEX Corp 5% 1 236 0.00% IFF 5% 1 313 0.00% IHS Inc 5% 2 935 0.00% Iida Group Holdings Co Ltd 5% 187 0.00% Industria de Diseno Textil SA 5% 4 162 0.00% Informa 5% 1 485 0.00% ING GROEP 5% 5 163 0.00% Ingenico Group SA 5% 637 0.00% Ingersoll-Rand Co Ltd 5% 3 172 0.00% Insurance Australia Grp Ltd 5% 1 312 0.00% INTER PIPELINE 5% 738 0.00% Interactive Brokers Group 5% 133 631 0.02% IntercontinentalExchange Group 5% 5 699 0.00% International Paper Co 5% 2 302 0.00% Interpublic Group of Cos Inc 5% 525 209 0.09% InterXion Holding NV 5% 78 307 0.01% Intesa Sanpaolo 5% 4 250 0.00% Invesco Ltd 5% 723 0.00% Investors Group Inc 5% 204 0.00%

41 Ionis Pharmaceuticals Inc 5% 1 050 0.00% Isetan Mitsukoshi Holdings Ltd 5% 331 0.00% Israel Chemicals Ltd 5% 414 0.00% ISS A/S 5% 382 0.00% Itau Unibanco Holding SA 5% 206 944 0.03% Itaú Unibanco Holding-Pref ADR 5% 408 733 0.07% Itochu Techno-Solutions Corp 5% 734 0.00% J Front Retailing Co Ltd 5% 354 0.00% J.M.Smucker Co 5% 1 129 0.00% Jack Henry & Associates Inc 5% 1 100 0.00% Japan Airlines Co Ltd 5% 344 0.00% Japan Airport Terminal Co Ltd 5% 198 0.00% Jardine Cycle And Carriage Ltd 5% 199 0.00% Jardine Matheson Holdings Ltd 5% 630 0.00% Jazz Pharmaceuticals Inc 5% 831 0.00% JC DECAUX INTERNATIONAL 5% 186 0.00% JEFFERIES FINANCIAL GROUP INC 5% 179 103 0.03% Jeronimo Martins SGPS SA 5% 435 0.00% JIANGSU YANGHE BREWERY 5% 155 120 0.03% Johnson Controls Inc 5% 283 130 0.05% Jones Lang Lasalle 5% 800 0.00% JS Group Corp 5% 397 0.00% JSR Corporation 5% 301 0.00% Just Eat PLC 5% 151 677 0.02% Kakakucom Inc 5% 719 0.00% Kamigumi Co Ltd 5% 590 0.00% Kansai Electric Power Co Inc 5% 848 0.00% Kansas City Southern Railway Co 5% 1 520 0.00% KASIKORNBANK - Foreign 5% 311 354 0.05% KB Financial Group Inc 5% 753 430 0.12%

(b) Preference and ordinary shares in companies, excluding shares in property companies, not listed on an exchange 10% 6 220 379 1.01%

a2 Milk Co Ltd 2.5% 708 0.00% Accton Technology Corp 2.5% 174 406 0.03% Adyen NV 2.5% 909 0.00% AIB Group PLC 2.5% 296 0.00% Akzo Nobel 2.5% 2 735 0.00% Aqua America Inc 2.5% 1 046 0.00% Asahi Intecc Co Ltd 2.5% 667 0.00% Bank issuer unknown 2.5% 0 0.00% BANK OF KIGALI LIMITED 2.5% 190 224 0.03% BANK RAKYAT INDONESIA 2.5% 305 929 0.05% BHP Group Plc 2.5% 324 196 0.05% BioMerieux 2.5% 406 0.00% Boliden AB 2.5% 730 0.00% Carl Zeiss Meditec AG 2.5% 597 0.00% Cellnex Telecom SA 2.5% 1 083 0.00% Central Bank Of Asia 2.5% 51 031 0.01% CHINA COMM SERVI H 2.5% 125 444 0.02% CHINA MENGNIU DAIRY CO 2.5% 183 400 0.03% Chipbond Technology Corp 2.5% 132 477 0.02% Clariant AG 2.5% 526 0.00% CLSA Global Markets Pte Ltd 2.5% 27 723 0.00%

42 COLES GROUP LIMITED 2.5% 1 176 0.00% Concordia Financial Grp Ltd 2.5% 504 0.00% Croda International PLC 2.5% 829 0.00% Daifuku 2.5% 630 0.00% Davide Campari 2.5% 479 0.00% Delivery Hero AG 2.5% 1 350 0.00% Delta Electronics Inc 2.5% 272 594 0.04% DNO International ASA 2.5% 338 0.00% Duratex SA 2.5% 156 458 0.03% Evraz Plc 2.5% 403 0.00% Faurecia 2.5% 420 0.00% Ferguson PLC 2.5% 2 013 0.00% FinecoBank Banca Fineco SpA 2.5% 621 0.00% Fomento Economico Mexicano SAB de CV Units 2.5% 149 786 0.02% GENTING BERHAD 2.5% 213 851 0.03% GMO Payment Gateway Inc 2.5% 232 0.00% Gree Electric Appliances Inc 2.5% 81 574 0.01% Grupo Televisa SAB 2.5% 478 285 0.08% Halma PLC 2.5% 1 398 0.00% HK Electric Investments 2.5% 246 0.00% InterContinental Hotels Group Plc 2.5% 1 097 0.00% Japan Post Bank Co Ltd 2.5% 275 0.00% Kingspan Group Plc 2.5% 954 0.00% Knorr-Bremse AG 2.5% 495 0.00% Korea Investment Holdings Co L 2.5% 226 808 0.04% Largan Precision Co Ltd 2.5% 198 984 0.03% Live Nation Entertainment Inc 2.5% 371 274 0.06% Lotte Shopping Co Ltd 2.5% 117 486 0.02% Lundin Mining Corp 2.5% 421 0.00% Magellan Financial Grp Ltd 2.5% 497 0.00% Media Nusantara Citra Tbk 2.5% 41 079 0.01% Mercadolibre Inc 2.5% 70 100 0.01% Mercari Inc 2.5% 271 0.00% Micro Focus International 2.5% 590 0.00% Moncler S.p.A. 2.5% 884 0.00% MonotaRO Co Ltd 2.5% 384 0.00% Montreal Exch S&P/TSX 2.5% 568 0.00% MTU Aero Engines Holding AG 2.5% 1 581 0.00% NARI Technology Co Ltd 2.5% 250 421 0.04% NCSoft Corp 2.5% 156 969 0.03% Nippon Shinyaku Co Ltd 2.5% 412 0.00% NMC Health PLC 2.5% 227 200 0.04% Nordea Bank AB 2.5% 2 879 0.00% PeptiDream Inc 2.5% 483 0.00% Ping An Insurance Group Co of China Ltd 2.5% 537 618 0.09% PROSUS NV 2.5% 284 883 0.05% Quebecor Inc 2.5% 458 0.00% Samsonite International SA 2.5% 141 937 0.02% Sartorius Stedim Biotech 2.5% 575 0.00% Sartorius Vz Aktie 2.5% 869 0.00% SHENZHEN INT'L 2.5% 150 649 0.02% Sika Finanz AG 2.5% 2 415 0.00% Spirax-Sarco Engineering PLC 2.5% 750 0.00% STANDARD LIFE ABERDEEN PLC 2.5% 1 005 0.00%

43 Teleperformance 2.5% 1 399 0.00% Temenos Group 2.5% 1 029 0.00% Tsuruha Holdings Inc 2.5% 375 746 0.06% Ubisoft Entertainment 2.5% 583 0.00% Unilever NV 2.5% 8 671 0.00% Uniper 2.5% 602 0.00% VITASOY INT'L 2.5% 396 0.00% Wal-Mart de Mexico SAB de CV 2.5% 149 134 0.02% WASHINGTON H. SOUL PATTINSON 2.5% 311 0.00% Worldline SA/France 2.5% 832 0.00% WSP Global 2.5% 678 0.00%

4 IMMOVABLE PROPERTY 39 395 581 6.41% 4.1 Inside the Republic 25% 25 042 503 4.07% (a) Preference shares, ordinary shares and linked units comprising shares linked to debentures in property companies, or units in a Collective 25% 25 042 503 4.07% Investment Scheme in Property, listed on an exchange (a)(i) Issuer market capitalisation of R10 billion or more, or an amount or conditions as prescribed 25% 16 721 180 2.72%

CAPITAL & COUNTIES PROPERTIES PLC 15% 39 115 0.01% Capital & Regional PLC 15% 3 439 0.00% Emira Property Fund Ltd 15% 162 094 0.03% Growthpoint Properties Ltd 15% 5 724 380 0.93% HAMMERSON PLC 15% 1 706 871 0.28% Intu Prop Plc 15% 212 131 0.03% Investec Property Fund Ltd 15% 747 614 0.12% MAS Real Estate 15% 599 146 0.10% NEPI. Rockcastle PLC 15% 2 068 724 0.34% RDI REIT Plc 15% 49 185 0.01% Rebosis Property Fund Ltd 15% 5 131 0.00% Redefine Properties Ltd 15% 1 518 899 0.25% Resilient Property Income Fund Ltd 15% 894 509 0.15% SA Corporate Real Estate Ltd 15% 2 005 616 0.33% Sirius Real Estate Ltd 15% 137 418 0.02% Vukile Property Fund Ltd 15% 846 906 0.14%

(a)(ii) Issuer market capitalisation of between R3 billion and R10 billion, or an amount or conditions as prescribed 25% 6 904 222 1.12%

Accelerate Property Fund Ltd 10% 46 140 0.01% Atlantic Leaf Properties Ltd 10% 65 570 0.01% Attacq Ltd 10% 713 708 0.12% Delta Property Fund Ltd 10% 5 688 0.00% EPP NV 10% 349 001 0.06% Equities Property Fund Ltd 10% 289 954 0.05% FORTRESS REIT LTD 10% 1 063 636 0.17% Hospitality Property Fund Ltd 10% 568 107 0.09% Hyprop Investments Ltd 10% 2 566 772 0.42% Investec Australia Property Fu 10% 140 294 0.02% Liberty Two Degrees Ltd 10% 535 199 0.09% Octodec Investments Ltd 10% 193 062 0.03% Stenprop Ltd 10% 142 392 0.02% Stor-Age Property REIT Limited 10% 224 699 0.04%

44 (a)(iii) Issuer market capitalisation of less than R3 billion or an amount or conditions as prescribed 25% 1 417 100 0.23%

Arrowhead Properties Ltd 5% 139 105 0.02% Capital & Counties Properties 5% 630 570 0.10% Dipula Income Fund Ltd 5% 403 403 0.07% Fairvest Property Holdings Ltd 5% 98 548 0.02% Indluplace Properties Ltd 5% 59 111 0.01% Rebosis Property Fund Ltd 5% 66 767 0.01% Texton Property Fund Ltd 5% 19 596 0.00%

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

4.2 Foreign 25% 14 353 078 2.33% (a) Preference shares, ordinary shares and linked units comprising shares linked to debentures in property companies, or units in a Collective 25% 14 114 853 2.29% Investment Scheme in Property, listed on an exchange (a)(i) Issuer market capitalisation of R10 billion or more, or an amount or conditions as prescribed 25% 5 028 947 0.82%

Annaly Capital Management Inc 15% 1 259 0.00% Aroundtown SA 15% 93 199 0.02% Ascendas Real Estate Investmen 15% 618 0.00% AvalonBay Communities Inc 15% 131 730 0.02% Boston Properties Inc 15% 320 621 0.05% British Land Co PLC 15% 787 0.00% Camden Property Trust 15% 131 537 0.02% CapitaLand Commercial Trust 15% 314 0.00% CapitaLand Mall Trust 15% 535 0.00% CyrusOne Inc 15% 86 897 0.01% Dexus Property Group 15% 316 702 0.05% DIGITAL REALTY TRUST INC 15% 2 499 0.00% DUKE REALTY CORP 15% 131 726 0.02% EXTRA SPACE STORAGE INC 15% 182 232 0.03% Federal Realty Investment Trus 15% 311 112 0.05% GPT Group 15% 1 128 0.00% HEALTHPEAK PROPERTIES INC 15% 676 081 0.11% Host Hotels & Resorts 15% 269 468 0.04% Iron Mountain Inc 15% 828 0.00% Japan Prime Realty Investment 15% 355 0.00% LIBERTY PROPERTY TRUST 15% 1 314 0.00% MIRVAC GROUP 15% 34 624 0.01% National Retail Properties Inc 15% 55 859 0.01% NIPPON PROLOGIS REIT INC 15% 103 532 0.02% PROLOGIS INC 15% 963 633 0.16% REGENCY CENTERS CORP 15% 210 146 0.03% Riocan Real Estate Investment Trust 15% 88 252 0.01% SEGRO PLC 15% 348 444 0.06% Sun Communities Inc 15% 337 086 0.05% Swire Properties Ltd 15% 114 293 0.02% Terreno Realty Corp 15% 110 569 0.02% WP Carey Inc 15% 1 566 0.00% 45 (a)(ii) Issuer market capitalisation of between R3 billion and R10 billion, or an amount or conditions as prescribed 25% 26 578 0.00%

Cromwell European Real Estate 10% 24 777 0.00% LAND SECURITIES GROUP PLC 10% 1 056 0.00% Stockland Corp Ltd 10% 744 0.00% (a)(iii) Issuer market capitalisation of less than R3 billion or an amount or conditions as prescribed 25% 9 059 329 1.47%

Aedas Homes SAU 5% 54 931 0.01% Aedifica SA 5% 65 854 0.01% AGNC Investment Corp 5% 818 0.00% AIMS APAC REIT 5% 47 296 0.01% Alexandria Real Estate Equitie 5% 613 882 0.10% Allied Properties REIT 5% 260 577 0.04% American Homes 4 Rent 5% 229 344 0.04% AMERICAN TOWER CORP 5% 167 724 0.03% Assura PLC 5% 197 650 0.03% BRIXMOR PROPERTY GROUP INC 5% 20 315 0.00% Canadian Apartment Properties 5% 111 357 0.02% CARETRUST REIT INC 5% 199 398 0.03% Centuria Industrial REIT 5% 46 375 0.01% Centuria Metropolitan REIT 5% 47 478 0.01% CORESITE REALTY CORP 5% 132 196 0.02% Cromwell Property Group 5% 13 550 0.00% Crown Castle International Corp 5% 5 956 0.00% Daiwa House Residential Invest 5% 534 0.00% Derwent London Plc 5% 151 272 0.02% Douglas Emmett Inc 5% 59 054 0.01% Empire State Realty Trust Inc 5% 82 409 0.01% EPR Properties 5% 135 556 0.02% Equinix Inc 5% 346 633 0.06% Equity Commonwealth 5% 46 046 0.01% EQUITY LIFESTYLE PROPERTIES INC 5% 149 298 0.02% Equity Residential 5% 673 531 0.11% ESR Cayman Ltd 5% 118 368 0.02% Essex Property Trust Inc 5% 154 293 0.03% Fabege AB 5% 67 785 0.01% Fonciere des Regions 5% 33 689 0.01% GECINA SA 5% 41 505 0.01% GLP J-Reit 5% 60 513 0.01% GODEWIND IMMOBILIEN AG 5% 48 005 0.01% GOODMAN GROUP 5% 63 161 0.01% Healthcare Realty Trust Inc 5% 138 634 0.02% Healthcare Trust of America In 5% 192 272 0.03% HIGHWOODS PROPERTIES 5% 41 547 0.01% Hudson Pacific Properties Inc 5% 107 965 0.02% HULIC REIT INC 5% 151 241 0.02% ICADE 5% 404 0.00% Ichigo Real Estate Investment 5% 65 409 0.01% INMOBILIARIA COLONIAL SA 5% 130 251 0.02% Japan Hotel REIT Investment Co 5% 31 667 0.01% JAPAN REAL ESTATE INVESTMENT 5% 95 351 0.02% JAPAN RETAIL FUND INVESTMENT 5% 46 057 0.01% JBG SMITH Properties 5% 97 468 0.02% Kenedix Office Investment Corp 5% 147 986 0.02%

46 KILROY REALTY CORP 5% 160 473 0.03% KIMCO REALTY CORP 5% 789 0.00% Klepierre SA 5% 770 0.00% Link REIT 5% 426 879 0.07% MCUBS MidCity Investment Corp 5% 56 123 0.01% Medical Properties Trust 5% 619 0.00% Mid-America Apartment Communit 5% 209 044 0.03% Nippon Accommodations Fund Inc 5% 8 248 0.00% NIPPON BUILDING FUND INC 5% 98 759 0.02% NOMURA REAL ESTATE INC 5% 1 083 0.00% Omega Healthcare Investors Inc 5% 933 0.00% Orix JREIT Inc 5% 561 0.00% Public Storage 5% 3 288 0.00% Realty Income Corp 5% 2 395 0.00% Rexford Industrial Realty Inc 5% 247 400 0.04% SBA Communications Corp 5% 25 491 0.00% Scentre Group 5% 50 366 0.01% Shaftesbury PLC 5% 15 124 0.00% Simon Property Group Inc 5% 473 406 0.08% SL Green Realty 5% 912 0.00% Smart Real Estate Investment T 5% 113 0.00% Spirit Realty Capital Inc 5% 215 865 0.04% STAG Industrial Inc 5% 118 649 0.02% STORE CAPITAL CORP 5% 129 018 0.02% SUMITO REALTY & DEVELOPMENT 5% 172 002 0.03% Suntec REIT 5% 374 0.00% Tokyu REIT Inc 5% 37 777 0.01% UDR INC 5% 274 184 0.04% UNIBAIL RODAMCO 5% 208 481 0.03% Ventas Inc 5% 26 762 0.00% VEREIT INC 5% 214 207 0.03% VICI Properties Inc 5% 183 301 0.03% VORNADO REALTY TRUST 5% 1 056 0.00% Weyerhaeuser Co 5% 2 270 0.00%

(b) Immovable property, preference and ordinary shares in property companies, and linked units comprising shares linked to debentures in 15% 238 225 0.04% property companies, not listed on an exchange First Capital Real Estate Inve 5% 39 209 0.01% Great Portland Estates PLC 5% 96 381 0.02% H&R Real Estate Investment Trust 5% 587 0.00% InterRent Real Estate Investme 5% 66 875 0.01% Irish Residential Properties R 5% 34 552 0.01% VICINITY CENTRES 5% 621 0.00%

5 COMMODITIES 10% 262 913 0.04% 5.1 Inside the Republic 262 913 0.04%

(a) Kruger Rands and other commodities on an exchange, including exchange traded commodities 10% 262 913 0.04%

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

47 (a)(ii) Other commodities 5% 262 913 0.04% 5% 262 913 0.04%

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

(a)(i) Gold 10%

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

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

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

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

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

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

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

(b) Private equity funds 10% (b)(i) Funds of private equity funds 10% 5% (b)(ii) Private equity funds 10% 48 2.5%

TOTAL ASSETS - REGULATION 28 (D above) 605 380 597 100.00%

INVESTMENT SUMMARY (REGULATION 28) Foreign Percentage Percentage Percentage Local (Excluding Africa Total of Fair value of Fair value of Fair value Africa) R% R %R%R 1 Balances or deposits, money market instruments issued by a bank 22 160 876.77 3.60% 5 500 063.76 0.89% (1 993.86) 0.00% 27 658 946.67 including Islamic liquidity management financial instruments 2 Debt instruments including Islamic 106 709 928.40 17.35% 288 834.79 0.05% 106 998 763.19 debt instruments 3 Equities 252 719 678.16 41.09% 172 951 026.04 28.12% 5 393 689.16 0.88% 431 064 393.35

4 Immovable property 25 042 502.70 4.07% 14 353 078.11 2.33% 39 395 580.81

5 Commodities 262 912.89 0.04% 262 912.89 6 Investment in the business of a 0.00 participating employer 7 Housing loans granted to members - 0.00 section 19(5) 8 Hedge Funds, private equity funds and any other assets not referred to 0.00 in this schedule 9 Fair value of assets to be excluded in terms of sub-regulations3(c ) and 0.00 (8)(b) of Regulation 28 10 Investments not disclosed/data not 0.00 available for disclosure TOTAL (equal to the fair value of 406 895 898.92 66.16% 193 093 002.70 31.39% 5 391 695.30 0.88% 605 380 596.92 assets)

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

Total (Inside & Percentage of Fair Regulation 28 Foreign) value limits R% Asset Limits in terms of sub regulation 3(f)

Other debt instruments not listed 9 653 846 1.57% Equities not listed 6 220 379 1.01% Immovable properties not listed 238 225 0.04% Hedge funds , Private Equity funds and other assets

TOTAL 16 112 450 2.62% 35% Asset Limits in terms of sub regulation 3(g)

Equities not listed 6 220 379 1.01% Private Equity funds

TOTAL 6 220 379 1.01% 15% Asset Limits in terms of sub-regulation 3(h) Cash and deposits with a South African Bank TOTAL Asset Limits in terms of sub-regulation 3(i) 49 Foreign (excluding Africa) 193 093 003 31.39% 30% Africa 5 391 695 0.88% 10% TOTAL 198 484 698 32.27% 40%

NOTES:

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

4 EXEMPTIONS GRANTED BY THE REGISTRAR

Item Max % Date of letter Fair Value ( R)

5 The funds breached the foreign exposure limitation, as at 31 December 2019. The breaches occurred as a result of market movements. These breaches have been date-stamped and will be rectified within the required 12-month period, as per Regulation 28 there been no prior breach before 31 December 2019 for this fund.