Portfolio METROPOLE AVENIR EUROPE March 2021 Data as of 26.02.2021

METROPOLE AVENIR EUROPE 26/02/2021 Classification SRI: A+ 15 903 173 € SECURITY NAME ISIN CODE PRICE COUNTRY SECTOR QUANTITY WEIGHT CURRENCY RATING BEST EFFORT IMI GB00BGLP8L22 1309,00 GB Industrials 41 422 3,92% GBP AA ++ ELIS FR0012435121 14,34 FR Industrials 35 232 3,18% EUR AA+ +++++ NL0011821392 36,05 NL Industrials 13 809 3,13% EUR AAA- ++++ ANDRITZ AT0000730007 39,72 AT Industrials 12 425 3,10% EUR A + KOMERCNI BANKA CZ0008019106 678,00 CZ Financials 18 077 2,94% CZK A +++ FR0000073298 32,05 FR Communications 14 046 2,83% EUR A+ +++ HAYS GB0004161021 152,20 GB Industrials 252 789 2,78% GBP A + CREDITO EMILIANO IT0003121677 4,73 IT Financials 93 222 2,77% EUR A+ +++++ GB0007739609 1437,50 GB Industrials 26 525 2,75% GBP A+ + RHI MAGNESITA NL0012650360 45,40 AT Industrials 9 601 2,74% EUR A ++ MORGAN ADVANCED MATERIALS GB0006027295 310,00 GB Materials 121 874 2,73% GBP AA+ ++ AT0000831706 27,68 AT Materials 15 109 2,63% EUR A + ACERINOX ES0132105018 9,64 ES Materials 42 352 2,57% EUR A- + APERAM LU0569974404 34,70 LU Materials 11 281 2,46% EUR AAA ++ FLSMIDTH & CO DK0010234467 259,60 DK Industrials 11 161 2,45% DKK A+ +++ AUTOLIV INC-SWED DEP RECEIPT SE0000382335 742,80 SE Consumer Discretionary 5 155 2,37% SEK A+ + GB0005758098 423,20 GB Industrials 72 288 2,21% GBP AA ++++ FORTERRA GB00BYYW3C20 259,00 GB Materials 117 428 2,20% GBP BB+ +++ KRONES DE0006335003 69,85 DE Industrials 4 994 2,19% EUR A +++ FR0000044448 64,35 FR Industrials 5 248 2,12% EUR AAA- ++ METSO OUTOTEC FI0009014575 9,32 FI Industrials 35 293 2,07% EUR AAA- +++ VIENNA INSURANCE AT0000908504 22,25 AT Financials 14 767 2,07% EUR A +++ TRELLEBORG AB-B SHS SE0000114837 214,90 SE Industrials 14 792 1,97% SEK A+ ++++ BREMBO IT0005252728 10,77 IT Consumer Discretionary 29 040 1,97% EUR AA +++ GROUPE FR0011476928 50,25 FR Consumer Discretionary 6 165 1,95% EUR A+ +++ GB00B3FLWH99 723,00 GB Industrials 35 075 1,83% GBP A+ + DUERR DE0005565204 32,72 DE Industrials 8 766 1,80% EUR A- + T.F.1 FR0000054900 7,23 FR Communications 38 779 1,76% EUR AAA ++ ELIOR GROUP FR0011950732 6,74 FR Industrials 40 769 1,73% EUR A+ +++ SSABA SE0000171100 36,49 SE Materials 75 901 1,72% SEK AA- ++ BANKINTER SA ES0113679I37 5,49 ES Financials 48 759 1,68% EUR AAA- ++ APPLUS SERVICES ES0105022000 8,53 ES Industrials 30 619 1,64% EUR AAA- +++ GB00BK1PTB77 800,00 GB Industrials 25 472 1,47% GBP AA- ++ SMITHS GROUP GB00B1WY2338 1464,00 GB Industrials 12 315 1,30% GBP BBB + CONSTRUCCIONES Y AUXILIAR DE F ES0121975009 36,70 ES Industrials 5 411 1,25% EUR AA- +++ JAMES FISHER & SONS GB0003395000 1182,00 GB Industrials 14 094 1,20% GBP A- ++ EASYJET GB00B7KR2P84 985,60 GB Industrials 16 831 1,20% GBP BBB+ +++ BRD ROBRDBACNOR2 14,44 RO Financials 63 708 1,19% RON A +++ GROUP IE0003864109 151,90 IE Consumer Staples 105 927 1,16% GBP BBB + SOCIETE BIC FR0000120966 46,50 FR Consumer Discretionary 3 949 1,15% EUR AA +++ BUZZI UNICEM IT0001347308 20,95 IT Materials 8 681 1,14% EUR A- + MERSEN FR0000039620 28,45 FR Materials 6 055 1,08% EUR A- +++ LANDIS CH0371153492 63,10 CH Energy 2 964 1,07% CHF BBB+ +++ VERALLIA FR0013447729 30,45 FR Materials 5 445 1,04% EUR B+ +++ AUTOGRILL IT0001137345 5,35 IT Industrials 27 189 0,91% EUR AA ++ LISI EX GFI INDUSTR FR0000050353 20,40 FR Industrials 7 062 0,91% EUR BB+ +++ REN PTREL0AM0008 2,27 PT Utilities 61 346 0,88% EUR A- +++

* Internal model of best-in-class / Best effort multi-sector ratings, which rests on a solid methodological framework built upon an academic research collaboration with the Université Clermont Auvergne. The data appearing in this document are confidential, have not been validated by the UCITS' statutory auditors and are not provided for advertising or promotional purposes.