SPP XXX/april -15 Group 4Securior PLC General MotorsCo Equifax Elbit SystemsLtd Dongfeng MotorGroupCoLtd Daewoo InternationalCorp Cintas Corp. China NorthernRareEarth(Group) Centrais EletricasBrasilier Cemex Cpo Bayer AG Bank LeumiLe-Israel Bank Hapoalim AviChina Industry&Technology Altice EuropeNV Alstom AES Corp metod, sppfonder.se. på vår läs och mer policy För information mer vår om fonder. Fonders SPP samtliga i exkluderade är Följande bolag Q4 2019 per bolag Exkluderade Deutsche Telekom AG Danske BankA/S Bezeq TheIsraeliTelecommunica Bausch HealthCosInc China RailwayGroup ZTE Corp XPO LogisticsInc Vedanta Ltd Walmart Inc Universal HealthServicesInc Turkcell IletisimHizmet TC Energy Southern CopperCorp Severstal Raytheon Co. Posco Petrochina Co Oil &NaturalGasCorp MTN GroupLtd Motorola Solutions Mizrahi TefahotBankLtd Johnson & Israel DiscountBankLtd. Indivior PLC Incitec PivotLtd Heidelberger Zement Hangzhou HikvisionDigitalTech Grupo Mexico 1. 2. tion CorpLtd nology CoLtd High-Tech CoLtd arbetsrätt ochfolkrätt Mänskliga rättigheter, ekonomisk brottslighet Korruption och -

- Zijin MiningGroup Co Volkswagen AG Vedanta Ltd Vale SA Tokyo ElectricPower Southern CopperCorp SK HoldingsCoLtd Sime DarbyPlantationBhd Sime Darby Posco MMC NorilskNickel Mitsubishi Motors METALLURGICAL CHINAA Kuala LumpurKepong IOI Corporation Indofood Sukses IJM Corporation HAP SengConsolidatedBhd Grupo Mexico Glencore PLC Genting Plantations Genting BHD Freeport-Mcmoran Copper& ElSewedy ElectricCo Daewoo InternationalCorp Centrais EletricasBrasilier Cargill Inc Barrick Atlantia S.p.A. Astra International Anglogold Ashanti ZTE Corp Wells Fargo&Co Toshiba Corp T-Mobile USInc Sumitomo Chemical Steinhoff InternationalHoldings Samsung Electronics Petroleo BrasileiroSA(Petrobras) Olympus Corp Novartis CapitalCorp Novartis AG Lotte ChemicalCorp Leonardo Korea ElectricPower JBS SA Gerdau SA Deutsche TelekomInternational palmolja 3. Gold Inc N.V Finance BV klimatskada inklusive Allvarlig miljö- och Aker SolutionsASA AKER BPASA Aker ASA Akastor ASA Air WaterInc. AGL EnergyLimited Africa OilCorp. AES CORP ADS CRUDECARRIERSAS Adaro EnergyTbk Adani Ports&SpecialEconomic Aboitiz PowerCorp Aboitiz EquityVenturesInc A.P. Moller-MaerskA/SClassA Bolloré SA BHP GroupPlc BHP GroupLtd Bharat PetroleumCorpLtd Berkshire Hathaway Beijing EnterprisesHoldingsLtd. Baytex EnergyCorp. Basf Se Banpu PublicCo.Ltd. Baker Hughes,aGECo,LLC B.Grimm PowerPublicCompany Azrieli Group Awilco DrillingPlc AVANCE GASHOLDINGLTD AUSNET SERVICES ATMOS ENERGYCORP Atlantic PetroleumP/F ATCO Ltd Asia CementCorp. Arthur JGallagher&Co Arendals FossekompaniASA Archer Ltd ArcelorMittal ARC ResourcesLtd Aqualis OffshoreHoldingASA Apergy Corp Apache APA Group ANTERO RESOURCESCORP Anglo AmericanPLC American ElectricPowerInc Ameren Corp ALTAGAS LTD Alliant EnergyCorp Alimentation Couche-Tard,Inc. Algonquin Power&UtilitiesCorp. AKR CorporindoTbkPT 4. Zone Ltd Limited Fossila bränslen Centrais ElétricasBrasileirasSA CENTERPOINT ENERGYINC Cenovus EnergyInc Canadian UtilitiesLtd Canadian TireCorp.Ltd. Canadian NaturalResources Cameco Corp CALTEX AUSTRALIALTD California ResourcesCorp. Cabot Oil&GasCorp BW OffshoreLtd. BW LPGLTD Brookfield BusinessPartnersLP Brookfield AssetManagement,Inc. BP PLC BP CapitalMarketsPlc Borr DrillingLimited Consolidated Edison Inc CONOCOPHILLIPS Concordia Maritime AB Concho ResourcesInc Colruyt SA Colbun SA Coal IndiaLtd Cnooc Ltd CMS EnergyCorp CLP Holdings Clariant AGReg CK InfrastructureHoldingsLtd CK HutchisonHoldingsLtd. CITIC Ltd. CIMAREX ENERGYCO Cia ParanaensedeEnergia Cia EnergeticadeMinasGerais Chugoku ElectricPower Chubu ElectricPower China ShenhuaEnergyCoLtd China ResourcesPowerHoldings CHINA RESOURCESGASGROUP China PowerInternationalHolding China PowerInternationalDeve China Petroleum&Chemical China OilfieldServices China MerchantsEnergyShipping CHINA LONGYUANPOWER CHINA GASHOLDINGSLTD China CoalEnergyCo CHEVRON CORP Chesapeake EnergyCorp. CHENIERE ENERGYINC CEZ AS Centrica LT lopment Ltd Co, Ltd. GROUP-H

- CONTACT ENERGY LTD Eversource Energy Inner Mongolia Baotou Steel Union Nippon Express Continental Resources Inc/ok Evraz Group GDR Co. Ltd. NISOURCE INC CORE LABORATORIES N.V. Exelon Corp Inner Mongolia Junzheng Energy & Nisource Inc. Chemical Industry Group Co Ltd Cosan Ltd EXXARO RESOURCES LTD Noble Corp. Plc Inner Mongolia Mengdian Hua- COSAN SA INDUSTRIA COMERCIO Exxon Mobil Corp. neng Thermal Power Corpora- Noble Energy COSCO SHIPPING Energy Trans- First Pacific Co. Ltd. tion Limited Northern Drilling Ltd portation Co., Ltd. Firstenergy INNER MONGOLIA YITAI B Norwegian Energy Company ASA Costco Wholesale Corp FirstEnergy Corp Innogy SE Novatek PJSC CPFL ENERGIA SA Flex Lng Ltd Inpex Holdings Inc. NRG Energy CRESCENT POINT ENERGY CORP FLSmidth & Co. A/S Inter Pipeline Ltd NTPC Ltd Daelim Industrial Co Ltd Fomento Economico Mexicano INTER RAO UES PJSC Obsidian Energy Datang International Power SAB de CV International Petroleum Corp. Occidental Petroleum Corp DCC PLC Formosa Chemicals & Fibre Corp. (British Columbia) Ocean Yield ASA Delek Group Ltd. FORMOSA PETROCHEMICAL CORP Interoil Exploration and Produc- Oceanteam Shipping ASA tion ASA Delta Air Lines, Inc. Formosa Taffeta Co., Ltd. Odfjell Drilling Ltd IRPC PCL Denbury Resources, Inc. Fortis Inc OFFSHORE OIL ENGINEERING-A Italgas SpA Devon Energy Fortum Oyj OGE Energy Corp Itochu Corp DHT Holdings, Inc. Franco-Nevada Corp. Oil & Gas Development Co Ltd Dialog Group Bhd. Frontline Ltd Japan Petroleum Exploration Co., Ltd. Oil & Natural Gas Corp Diamond Offshore Drilling, Inc. Gail India Jardine Cycle & Carriage Oil Search Ltd Diamondback Energy Inc Galp Energia SGPS SA-B shrs Jardine Matheson Holdings Ltd Okeanis Eco Tankers Corp DMCI Holdings, Inc. Gas Natural Fenosa Finance BV Jastrzebska Spólka Weglowa SA OMV AG DNO ASA Gas Natural SDG SA Jgc Corp Oneok Inc DOF ASA Gazprom PJSC Jiangsu Expressway Co. Ltd. Origin Energy Dolphin Drilling AS GD Power Development A John Wood Group PLC Orsted A/S Dominion Energy Inc General Electric Co. JXTG Holdings Inc Osaka Gas Drilling Co of 1972 A/S/The Genting Berhad Kansai Elec Power P G & E CORP DTE Energy Corp Genting Singapore Ltd Keppel Corp Ltd Pampa Energía SA DUKE ENERGY CORP Glencore PLC KEYERA CORP Panoro Energy Asa E.ON SE Global Power Synergy Public Com- Kinder Morgan Inc Paramount Resources Ltd. Ecopetrol SA pany Limited Kobe Steel, Ltd. Parkland Fuel Corporation Edison International Golar LNG Ltd Koç Holding AS Parsley Energy Inc EDP - Energias de Portugal SA GRUPA LOTOS SA Korea Electric Power Pembina Pipeline Corp EDP Finance BV Grupo Carso Korea Gas Corp Perusahaan Gas Negara Eidesvik Offshore ASA GS Holding Corp Kraftringen Energi AB Petrobras Distribuidora SA Electric Power Development GUANGDONG INVESTMENT LTD Kroger Co Petrochina Co Electricite de France SA Guanghui Energy Co Ltd KUNLUN ENERGY CO LTD Petrofac LTD Electricity Generating PCL Gulf Energy Development PCL Kværner ASA Petroleo Brasileiro SA Electromagnetic Geoservices ASA Halliburton Corp Kyushu Electric Power Petrolia Drilling ASA Emera Inc Hanwha Corp. Liaoning Cheng Da Co., Ltd. Petronas Dagangan Empire Co. Ltd. Havila Shipping ASA Linkopings Stadshus AB Petronas Gas Bhd Empresas Copec SAC Helmerich & Payne Inc Loews Corp. Petronet LNG Ltd Enagas Henderson Land Development Co. Ltd. Lukoil PJSC Peyto Exploration & Development Enbridge Corp Hess Corp Lundin Petroleum AB Encana Corp PGE SA Hindustan Petroleum Corp LyondellBasell Industries Endesa PGS ASA HK Electric Investments & HK Macquarie Infrastructure Corp Endur ASA Phillips 66 Electric Investments Ltd Magnora ASA Enel Americas S.A. Sponsored ADR Pinnacle West Capital HOLLYFRONTIER CORP Magseis ASA Enel Chile S.A. Pioneer Natural Resources Hong Kong & China Gas Manila Electric Co. Enel SpA Plains GP Holdings LP Huadian Power International Corp Marathon Oil Energisa SA Ltd Polarcus Limited Marathon Petroleum Corp Enerplus Corp. Huaneng Power International Polski Koncern Naftowy Orlen S.A. Marubeni Corp. Engie Brasil SA HUANENG POWER INTL INC-H Polskie Gornictwo Naftowe I MDU Resources Group, Inc. Engie SA HuBei Energy Group Co Ltd POSCO Mercury NZ Limited Eni SpA Hunter Group ASA POSCO Chemtech Co Ltd Metro Pacific Investments Corp. Enka Insaat ve Sanayi AS Husky Energy Power Assets Holdings Ltd Mitsubishi Corp. ENN Energy Holdings Ltd Hyundai Heavy Industries Co., Ltd. PPL Corp Mitsubishi Gas Chemical Co., Inc. EnQuest PLC Hyundai Heavy Industries Holdings PrairieSky Royalty Ltd Mitsui & Co., Ltd. ENSCO ROWAN PLC Co., Ltd Prosafe AS MOL Hungarian Oil & Gas PLC Entergy Höegh LNG Holdings Ltd. PT Astra International Tbk Morrison (WM) Supermarkets EOC Ltd Iberdrola Finance Ireland DAC PTT Exploration & Production PCL Motor Oil (Hellas) Sa EOG Resources Iberdrola International BV PTT Global Chemical Plc Murphy Oil EQT Corp Iberdrola SA PTT Pcl Nabors Industries Ltd. Equatorial Energia SA Idemitsu Kosan Public Service Enterprise Gp National Grid Transco Equinor ASA Imperial Oil Ltd QATAR ELECTRICITY & WATER CO National Oilwell Varco Equitrans Midstream Corp Indian Oil Corp Qatar Fuel-Woqod QSC Neste Oyj Euronav NV Infraestructura Energetica Nova QEP Resources, Inc. SAB de CV NextEra Energy Inc Evergy Inc. Questerre Energy Corp Rabigh Refining & Petrochemical Superior Energy Services, Inc. YPF SA Safran SA Co. Surgutneftegas OJSC YTL Corporation Berhad Singapore Technologies Engine- RAK Petroleum plc Taiwan Cement Corp ering Ltd. Range Resources Corp Tata Power Co Taiyo Nippon Sanso Corp. 5. Vapen, kontroversiella Ratchaburi Electricity Generating Tambang Batubara Bukit Asam Textron Inc Holding PCL och konventionella Targa Resources Corp Thales Reach Subsea ASA Tata Power Co AECC Aviation Power Co. Ltd. Transdigm Group Reliance Industries Ltd. Tata Steel Ltd. Airbus Group United Technologies Corp Repsol SA Tatneft PJSC Airbus SE Rieber Shipping AS TC Energy AMETEK 6. Tobak Ltd Tebian Electric Apparatus Stock Amphenol Corporation Rio Tinto Plc Co., Ltd. Aselsan Elektronik Sanayi Ve Alimentation Couche-Tard Roadster Finance DAC TechnipFMC PLC Ticaret AS Altria Group Rongsheng Petro Chemical Co Ltd Teck Resources Ltd AVIC AIRCRAFT CO BGF retail Co Ltd Rosneft Oil Co. Tenaga Nasional AVIC SHENYANG British American Tobacco Malaysia Royal Dutch Shell PLC Tenaris AviChina Industry & Technology British American Tobacco Plc RusHydro PJSC Tesco Plc Co. Ltd. Celanese Corp RWE AG TETHYS OIL AB BAE Systems plc CP ALL PCL Saipem SpA TGS Nopec Geophysical Company Boeing Corp Daicel Corp Santos Ltd ASA Brookfield Asset Management Inc. Dino Polska SA SAPURAKENCANA PETROLEUM Thai Oil PCL Brookfield Business Partners LP Dufry AG BHD Tiandi Science & Technology CAE Inc. Eastern Tobacco Sasol Ltd Co.Ltd China Avionics Systems Co Ltd Eastman Chemical Company Saudi Electricity Co. Toho Gas China Shipbuilding Industry FamilyMart SCHLUMBERGER LTD Tohoku Electric Power Co Cobham plc GS Retail Co Ltd SD Standard Drilling Plc Tokyo Electric Power Daicel Corp Gudang Garam Tbk SDIC Power Holdings Co Ltd TOKYO GAS CO LTD Dassault Aviation SA Hanjaya Mandala Sampoerna Tbk Seabird Exploration Ltd Total SA Data Respons ASA PT Seadrill Ltd TOURMALINE OIL CORP Elbit Systems Ltd Imperial Brands PLC Sembcorp Industries Ltd. Towngas China Co. Ltd. Embraer SA ITC Ltd SEMPRA ENERGY Toyota Tsusho FLIR Systems, Inc. Japan Tobacco Seven Generations Energy Ltd Transmissora Alianca de Energia Fluor Corp KT&G Corp Eletrica SEVERSTAL Fortive Corp Lawson TRANSNEFT PJSC Shaanxi Coal Industry Co Ltd General Dynamics Corp Phillip Morris International Transocean Ltd. Shandong Xinchao Energy Corpo- Hanwha Corp President Chain Store Corp ration Limited Transportadora de Gas del Sur SA HEICO Corp. Reinet Investments SCA Shanghai Electric Power Company Tullow Oil Plc Hexagon Seven and I Holdings Limited Tupras-Rurkiye Petrol Rafinerileri Honeywell International Shanghai Industrial Holdings Shanxi Lu’an Environmental Energy Turquoise Hill Resources Ltd. Development Co Ltd Huntington Ingalls Industries Inc Swedish Match UBE Industries Shanxi Meijin Energy Co.,Ltd. Hyundai Wia Corp Tav Havalimanlari Holding AS UGI CORP Shanxi Xishan Coal and Electricity IHI Corporation Ultrapar Participacoes S.A. Power Co. Ltd. Inmarsat Uniper SE 7. Alkohol Shelf Drilling Ltd Jacobs Engineering Group Inc. United Tractors Shell International Finance BV Kawasaki Heavy Industries Ltd. AG Anadolu Grubu Holding AS Vale SA Shenergy Co. Ltd. Keysight Technologies Inc Alimentation Couche-Tard, Inc. Valero Energy Corp Shenzen Energy Group Kitron ASA Alliance Global Group Inc. Vallourec Shz Energy Investment A Kongsberg Gruppen ASA Ambev S.A. Siem Offshore Inc Washington H Soul Pattinson & Co Ltd Korea Aerospace Industries Ltd. Anadolu Efes Biracilik ve Malt Sinochem International Corpo- L3Harris Technologies, Inc. Sanayii AS ration Waste Connections, Inc. Larsen & Toubro Ltd Anheuser-Busch InBev Sinopec Shanghai Petrochemical Vattenfall AB Leidos Holdings Inc. Anheuser-Busch Inbev Worldwide, Co. Ltd. WEC ENERGY GROUP INC Inc. Leonardo SK Holdings Co Ltd Vedanta Ltd ARCUS ASA Leonardo SpA SK Innovation Co Ltd Velesto Energy Asahi Group Holdings, Ltd. Lockheed Martin SK Networks Co., Ltd. Veolia Environnement Beijing Enterprises Holdings Ltd. Lockheed Martin Corporation Snam SpA Vermilion Energy Trust Beijing Tongrentang Meggitt plc S-OIL CORP Whiting Petroleum Corp. Brown-Forman Corporation Melrose Industries PLC Sojitz Corporation WILLIAMS COS INC Carlsberg A/S Mitsubishi Heavy Industries Ltd. Solstad Farstad ASA Wisconsin Energy Corp Casino, Guichard-Perrachon SA MTU Aero Engines AG South32 Vistra Energy Corp. China Resources Beer (Holdings) South32 Ltd Woodside Petroleum Northrop Grumman Corporation Company Limited Southern Company VOPAK Olin Corp. Coca-Cola Amatil Ltd SOUTHWESTERN ENERGY CO Worleyparsons Limited Parker Hannifin Corp Coca-Cola Femsa SAB de CV SPX FLOW Inc Wuchan Zhongda Group Co.,Ltd. Perspecta Inc Coles Group Limited SSE PLC Xcel Energy PREVAS AB-B SHS Colruyt SA Subsea 7 SA Yantai Jereh Oilfield Services QORVO Compania Cervecerias Unidas S.A. Suez Environnement Co Group Co., Ltd. Raytheon Company Constellation Brands Inc. Sumitomo Corp. Yanzhou Coal Co Rolls-Royce Holdings PLC CP All Public Co. Ltd. Suncor Energy YANZHOU COAL MINING CO-H Saab AB Darden Restaurants, Inc. Davide Campari-Milano SpA Tate & Lyle MGM China Holdings Limited 9. Pornografi Diageo plc Tav Havalimanlari Holding AS MGM Resorts International Dino Polska SA Tesco Plc NetEnt AB – Dufry AG Treasury Wine Estates Limited Sands China Ltd. EAST AFRICAN BREWERIES Tsingtao Brewery Co., Ltd. Sankyo Co., Ltd. 10. Cannabis Empire Co. Ltd. United Spirits Ltd. Sega Sammy Holdings Inc. Fomento Economico Mexicano Woolworths Ltd. SJM Holdings Limited Aurora Cannabis Inc. SAB de CV Wuliangye Yibin Co.,Ltd.. Stars Group, Inc. Canopy Growth Corp Heineken Holding NV Tabcorp Holdings Ltd. Cronos Group Inc Heineken NV 8. Kommersiell William Hill plc Host Hotels & Resorts Inc. spelverksamhet Wynn Macau Ltd. Observationslistan Hotel Shilla Co., Ltd. Wynn Resorts Ltd. Hudson’s Bay Co Alliance Global Group Inc. Swedbank AB J Sainsbury plc Angler Gaming plc Jeronimo Martins SGPS SA Aristocrat Leisure Ltd. SPP Fonders exkluderingar av bolag under Q4 som inte Jiangsu Yanghe Brewery Joint-Stock Bandai Namco Holdings Inc Co Ltd uppfyller våra kriterier när det gäller: Betsson AB Keck Seng Investments Catena Media PLC 1. Mänskliga rättigheter, arbetsrätt och folkrätt 41 Kirin Holdings Company, Limited Crown Resorts Limited 2. Korruption och ekonomisk brottslighet 22 Koninklijke Ahold Delhaize NV Evolution Gaming Group AB Kweichow Moutai 3. Allvarlig miljö- och klimatskada inklusive palmolja 31 Flutter Entertainment PLC Lotte Confectionery Co Ltd 4. Fossila bränslen 487 Galaxy Entertainment Group Luzhou Laojiao Co., Ltd Limited 5. Vapen, kontroversiella och konventionella 67 LVMH Moet Hennessy Louis Gaming Innovation Group, Inc. 6. Tobak 28 Vuitton Genting Berhad Alkohol 69 Melia Hotels International SA 7. Genting Malaysia Berhad Metcash Ltd. 8. Kommersiell spelverksamhet 39 Genting Singapore PLC MGM Resorts International 9. Pornografi 0 Global Payments, Inc. Molson Coors Brewing Company Greek Organisation of Football 10. Cannabis 3 Oriental Land Co., Ltd. Prognostics S.A. Antal exkluderade bolag: 773* Park Hotels & Resorts, Inc. GVC Holdings PLC Antal bolag på observationslistan: 1 Pernod-Ricard SA International Game Technology Pick n Pay Stores Ltd. PLC * En del bolag är exkluderade på flera kriterier. President Chain Store Corp. Kambi Group Limited Remy Cointreau Kangwon Land Corp. Royal Unibrew A/S Keck Seng Investments Vi investerar inte heller i bolag uteslutna av Norges Bank för Statens pensjonsfond utland (SPU), vars principer för uteslutningar samman- Shangri-La Asia Ltd Kindred Group plc faller med vår policy för exkluderingar. Vi har även uteslutit statsobli- Shanxi Xinghuacun Fen Wine Kingston Financial Group Ltd gationer från 25 länder. Factory Co., Ltd. Konami Corp. Shoprite Holdings Ltd Las Vegas Sands Corp. Ett antal bolag placeras på en observationslista.­ Bolagen på denna lista Spar Group Ltd. LeoVegas AB följs upp särskilt noggrant med krav om konkreta­ förbättringar. Målet är Stock Spirits Group PLC Melco Crown Entertainment Ltd. att genom vår position som ägare påverka bolaget till förändring.

Listan över exkluderade bolag ger en översikt över vilka bolag som för närvarande är exkluderade från SPP Fonders investeringar. Bakgrunden till exkluderingen är vår egen analys av bolagen, med bedömning av olika kriterier. SPP Fonder vill göra denna information tillgänglig för sina kunder för att vara transparent om hur vi hanterar våra kunders tillgångar. Denna lista är inte avsedd för kommersiella ändamål. SPP_Fonder_Exkluderade_bolag/jan -20

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