Independent Auditor's Limited Assurance Report of Old Mutual Unit Trust Managers (RF) (Pty) Ltd (The “Manager”)

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 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 Balanced Fund (the “Portfolio”), as set out on pages 4 to 47. 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 basisr f oou r 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 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 47 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 BALANCED FUND OF FUNDS as at 12/31/2019 R A Total assets (Schedule IA -Total investments) 13 094 036 589

B1 Less: Reg 28 compliant investments (certificate received from issuing entity):- 260 267 057 B.1.1 Collective Investment Schemes (Reg 28(8)(b)(i)) 260 267 057 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 12 833 769 533

E Timing Differences - Note 1 (59 625 841)

D Value of corresponding Assets per statement of funds and Net Asset Value 13 034 410 748

1 CASH 100% 581 693 141 4.44% 1.1 Notes, deposits, money market instruments issued by a South African Bank, margin accounts, settlement accounts with an exchange and 100% 457 352 646 3.49% Islamic liquidity management financial instruments (a) Notes and coins, any balance or deposit in an account held with a South 100% 175 975 078 1.34% African bank ABSA Bank Limited 25% 11 313 0.00% Accounting Entries - provisions, settlement accoun 25% (759 185) -0.01% African Bank Ltd 25% 198 493 0.00% Bank issuer unknown 25% 6 998 343 0.05% BARCLAYS AFRICA GROUP LIMITED 25% 815 550 0.01% Firstrand Bank Limited 25% 422 730 0.00% HSBC Bank USA 25% 2 258 779 0.02% Investec Bank Limited 25% 2 282 552 0.02% Nedbank Limited 25% 58 996 263 0.45% Standard Bank of South Africa Ltd 25% 104 750 239 0.80% (b) A money market instrument issued by a South African bank including an 100% 254 526 495 1.94% Islamic liquidity management financial instrument ABSA Bank Limited 25% 4 298 669 0.03% ABSA Bank Ltd 25% 30 197 0.00% Bank of Montreal 25% 12 556 243 0.10% BARCLAYS AFRICA GROUP LIMITED 25% 385 197 0.00% BNP Paribas Personal Finance South Africa Ltd 25% 907 383 0.01% Capitec Bank Holdings Ltd 25% 21 323 0.00% Development Bank of Southern Africa 25% 251 019 0.00% Firstrand Bank Limited 25% 99 602 438 0.76% Investec Bank Limited 25% 5 611 453 0.04% Investec Holdings Ltd 25% 646 207 0.00% Land and Agricultural Development Bank of South Af 25% 153 658 0.00% Liberty Group Ltd 25% 2 936 420 0.02% Nebank Ltd 25% 135 262 0.00% Nedbank Bank Ltd 25% 2 234 693 0.02% Nedbank Limited 25% 78 737 929 0.60% Standard Bank of South Africa Ltd 25% 46 018 405 0.35% 4 (c) Any positive net balance in a margin account with an exchange 100% 26 851 074 0.21%

SAFEX 25% 26 851 074 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 maximum including Islamic liquidity management financial instruments 124 340 494 0.95% limits

(a) Any balance or deposit held with a foreign bank 25% 124 366 498 0.95%

Bank issuer unknown 5% (3 220) 0.00% Bank of New York Mellon 5% 16 422 440 0.13% BBH Luxemborg 5% 19 465 465 0.15% Brown Brothers Harriman & Co. 5% 13 025 525 0.10% Citibank N.A. 5% 28 200 160 0.22% EURO CURRENCY 5% 72 346 0.00% JAPANESE YEN 5% 16 067 0.00% JPMorgan Chase & Co 5% 2 596 547 0.02% State Street Bank 5% 43 445 108 0.33% State Street Bank and Trust Co 5% 1 027 327 0.01% Unknown Issuer 5% 98 733 0.00% (b) Any balance or deposit held with an African bank 25% (44 165) 0.00%

Bank of New York Mellon 5% 0 0.00% Hongkong and Shangai Banking Corporation 5% 73 884 0.00% HSBC Egypt 5% (1 358 738) -0.01% Stanbic Holdings Plc 5% 683 700 0.01% Standard Bank of South Africa Ltd 5% 556 989 0.00% (c) A money market instrument issued by a foreign bank including an Islamic 25% 18 162 0.00% liquidity management financial instrument ABSA Bank Limited 5% 18 162 0.00%

2 DEBT INSTRUMENTS INCLUDING ISLAMIC DEBT INSTRUMENTS 100% issued / guarantee by 2 885 281 534 22.04% Republic, otherwise 75% 2.1 Inside the Republic 75/100% 2 880 131 457 22.00% (a) Debt instruments issued by, and loans to, the government of the Republic, 100% 1 908 457 847 14.58% and any debt or loan guaranteed by the Republic (b) Debt instruments issued or guaranteed by the government of a foreign 75% 1 269 536 0.01% country Investec Holdings Ltd 10% 17 431 0.00% UK TREASURY BILL GBP 10% 1 252 105 0.01%

(c)(i) Listed on an exchange with an issue market capitalisation of R20 billion or 75% 457 001 538 3.49% more, or an amount or conditions as prescribed ABSA Bank Limited 25% 37 371 302 0.29% BARCLAYS AFRICA GROUP LIMITED 25% 4 958 371 0.04% Firstrand Bank Limited 25% 218 383 629 1.67% Investec Bank Limited 25% 9 951 486 0.08% Investec Holdings Ltd 25% 3 642 269 0.03% Nedbank Limited 25% 72 564 041 0.55% Standard Bank of South Africa Ltd 25% 110 130 441 0.84%

(c)(ii) Listed on an exchange with an issuer market capitalisation of between R2 75% 14 615 0.00% billion and R20 billion, or an amount or conditions as prescribed 5 ABSA Bank Limited 15% 14 615 0.00%

(c)(iii) Listed on an exchange with an issuer market capitalisation of less than R2 75% 14 304 137 0.11% billion, or an amount or conditions as prescribed African Bank Ltd 10% 14 275 049 0.11% Nedbank Limited 10% 23 639 0.00% Standard Bank of South Africa Ltd 10% 5 450 0.00%

(c)(iv) Not listed on an exchange 5% 3 355 833 0.03%

Firstrand Bank Limited 5% (227 420) 0.00% Nedbank Limited 5% 3 610 243 0.03% Residual Debt Services Limited (African Bank -Old 5% 0 0.00% Standard Bank of South Africa Ltd 5% (26 990) 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 50% 282 128 748 2.15% entity under the Public Finance Management Act, 1999 (Act No. 1 of 1999) as prescribed:- (d)(i) Listed on an exchange 50% 268 455 528 2.05% Airports Company of South Africa Limited 10% 3 816 937 0.03% Barloworld Ltd 10% 146 780 0.00% Bidvest Group Ltd 10% 13 653 0.00% Discovery Holdings Ltd 10% 201 806 0.00% Emira Property Fund 10% 49 793 0.00% EQSTRA CORPORATION (PROPRIETARY) LIMITED 10% 2 220 019 0.02% Eskom Holdings Ltd 10% 131 507 169 1.00% Exxaro Resources Ltd 10% 105 398 0.00% Fortress Income Fund Ltd 10% 46 685 0.00% Growthpoint Properties Ltd 10% 5 886 736 0.04% Hyprop Investments Ltd 10% 102 627 0.00% Liberty Group Ltd 10% 4 603 787 0.04% MMI Holdings Ltd 10% 11 763 073 0.09% MOBILE TELEPHONE NETWORKS HOLDINGS LIMITED 10% 40 611 0.00% Momentum Metropolitan Holdings 10% 191 156 0.00% MTN Group Ltd 10% 1 530 609 0.01% Northam Platinum Ltd 10% 5 687 427 0.04% OLD MUTUAL LIMITED 10% 4 104 269 0.03% PRUDENTIAL CORP PLC 10% 69 293 954 0.53% Redefine Properties Ltd 10% 113 836 0.00% SAFEX 10% (572 221) 0.00% Santam Ltd 10% 39 809 0.00% The Industrial Development Corporation of South Af 10% 3 828 985 0.03% Toyota Financial Services (SA) Ltd 10% 6 864 0.00% Transnet SOC Ltd 10% 23 725 768 0.18%

(d)(ii) Not listed on an exchange 25% 13 673 220 0.10% Land And Agricultural Development Bank of South Af 5% 5 221 697 0.04% Liberty Group Ltd 5% 98 007 0.00% SAFEX 5% 8 336 484 0.06% Unknown Issuer 5% 17 032 0.00%

(e) Other debt instruments:- 25% 213 599 202 1.63% (e)(i) Listed on an exchange 25% 34 231 948 0.26% AA06 7.22% 04/21 5% 117 880 0.00% APF08 FRN 26072021 5% 5 283 0.00% APF11 FRN 16092020 5% 49 752 0.00% BAYA58 FRN 30062020 5% 3 773 0.00% BAYA74 FRN 01072024 5% 214 409 0.00% Bond Exchange of South Africa 5% 14 386 935 0.11% COT02 10.20% 04/28 5% 19 872 0.00% 6 DEVELOPMENT BANK OF SA 5% 20 683 0.00% EMM01 10.56 28072020 5% 3 827 775 0.03% EMM02 10.72% 03/21 5% 4 464 119 0.03% EMM03 10.05% 05/24 5% 402 585 0.00% EMM04 9.155% 05/28 5% 4 207 634 0.03% EMM05 10.67% 04/29 5% 3 188 303 0.02% EPFC45 FRN 07112020 5% 26 815 0.00% FIFB14 FRN 07112022 5% 39 846 0.00% FIFC33 FRN 03062020 5% 34 419 0.00% IDCG13 FRN 26042023 5% 44 236 0.00% IDCG20 FRN 18122020 5% 30 014 0.00% ING383 FRN 30062020 5% 941 063 0.01% ING384 30092020 5% 1 288 745 0.01% IVA978 16012020 5% 69 051 0.00% Mercedes Benz FRN MBF055 270320 Jb3+124 5% 11 138 0.00% MTN20 FRN 07092026 5% 311 850 0.00% NORTHAM FRN 09092020 5% 146 792 0.00% NTC20 8.6830% 270720 5% 13 062 0.00% OML11 FRN 11062024 5% 158 317 0.00% RES41 FRN 30112022 5% 79 244 0.00% SBS36 7.7170% 290120 5% 4 338 0.00% SSA06 8.06% 04/20 5% 1 364 0.00% TL25 9.57 04092024 5% 56 793 0.00% TRA3A3 FRN 14112022 5% 9 550 0.00% TRA3B2 FRN 14112022 5% 36 665 0.00% VKE10 FRN 08072022 5% 19 642 0.00% (e)(ii) Not listed on an exchange 15% 179 367 255 1.37% BAYA73 FRN 31032022 5% 150 936 0.00% BESA FEES CONTROL 5% 10 0.00% CHF/USD 5% 59 555 0.00% CNH/USD 5% 62 0.00% EUR/USD 5% (18 204) 0.00% Foschini FRN JB3+90 090420 5% 16 532 0.00% FTG1 10.717% 09/16 5% 2 560 0.00% GBP/USD 5% (16 948) 0.00% GRT34 FRN 18042029 5% 267 812 0.00% HKD/USD 5% (26 859) 0.00% IDCG16 FRN 12112025 5% 4 267 248 0.03% IDR/USD 5% (17 683) 0.00% ILS/USD 5% 3 689 0.00% Impumelelo Callable FRN JB3+57.5 160420 (180520) 5% 64 250 0.00% Impumelelo Callable FRN JB3+70 180620 (200720) 5% 39 065 0.00% IN407U FRN 31072020 5% 82 300 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% 46 179 0.00% INVESTEC MONEY MARKET FUND Z 5% 10 734 109 0.08% JPY/USD 5% (26 511) 0.00% Management Fee Prov 5% 0 0.00% MBF055 FRN 28082020 5% 13 250 0.00% NOK/USD 5% (95 589) 0.00% NTC19 8.15% 270720 5% 529 050 0.00% NZD/USD 5% 11 289 0.00% Performance Fee Prov 5% 4 0.00% SEK/USD 5% (23 924) 0.00% SGD/USD 5% 47 813 0.00% Southchester FRN 120320 Jb3+110 5% 35 207 0.00% Southchester FRN 120320 Jb3+90 5% 14 596 0.00% Southchester FRN 121219 JB3+110bps 5% 0 0.00%

7 Southchester FRN 121219 JB3+90bps 5% 0 0.00% TH15B1 FRN 21112022 5% 66 218 0.00% TH15C1 FRN 21112022 5% 66 252 0.00% TRA4A2 FRN 13042022 5% 106 803 0.00% TRA4B1 FRN 15042024 5% 100 410 0.00% ZAR Receivable 5% 162 867 777 1.24%

2.2 Foreign SARB maximum 5 150 077 0.04% limits (a) Debt instruments issued by, and loans to, the government of the Republic, SARB maximum and debt or loan guaranteed by the Republic limits

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

10%

(c)(i) Listed on an exchange with an issuer market capitalisation of R20 billion o SARB maximum more, or an amount or conditions as prescribed limits

25% (c)(ii) Listed on an exchange with an issuer market capitalisation of between R2 SARB maximum billion and R20 billion, or an amount or conditions as prescribed limits

15% (c)(iii) Listed on an exchange with an issuer market capitalisation of less than R2 SARB maximum billion, or an amount or conditions as prescribed limits

10% (c)(iv) Not listed on an exchange 25%

(d) Debt instruments issued or guaranteed by an entity that has equity listed SARB maximum on an exchange (124 920) 0.00% limits (d)(i) Listed on an exchange SARB maximum limits

10% (d)(ii) Not listed on an exchange 25% (124 920) 0.00% Unknown Issuer 5% (124 920) 0.00% (e) Other debt instruments:- 25% 5 274 997 0.04% (e)(i) Listed on an exchange 25% (96 487) 0.00% State Street Bank 5% (96 487) 0.00% (e)(ii) Not listed on an exchange 15% 5 371 484 0.04% Invalid Security 5% 5 279 629 0.04% State Street Bank 5% 91 855 0.00%

3 EQUITIES 75% 8 522 654 671 65.09% 3.1 Inside the Republic 75% 4 569 367 918 34.90% (a) Preference and ordinary shares in companies, excluding shares in propert companies, listed on an exchange:- 75% 4 569 367 914 34.90%

(a)(i) Issuer market capitalisation of R20 billion or more, or an amount or conditions as prescribed 75% 4 027 980 632 30.76%

African Rainbow Minerals Ltd 15% 41 835 415 0.32% 8 Anglo American Plc 15% 306 390 384 2.34% Anglo Platinum Ltd 15% 27 190 213 0.21% Anglogold Ashanti Ltd 15% 19 766 254 0.15% Anheuser-Busch InBev SA/NV 15% 50 371 307 0.38% Aspen Pharmacare Holdings Ltd 15% 43 332 782 0.33% Assore Ltd 15% 2 859 365 0.02% AVI Ltd 15% 4 286 529 0.03% BARCLAYS AFRICA GROUP LIMITED 15% 165 058 362 1.26% Bidvest Group Ltd 15% 57 340 656 0.44% Bidvest Group Ltd/The 15% 8 760 383 0.07% British American Tobacco Plc 15% 353 395 271 2.70% Capitec Bank Holdings Ltd 15% 22 306 899 0.17% Cartrack Holdings Ltd 15% 2 719 958 0.02% Cie Financiere Richemont SA 15% 52 545 217 0.40% Dis-Chem Pharmacies Ltd 15% 15 027 878 0.11% Discovery Holdings Ltd 15% 7 538 080 0.06% Distell Group Ltd 15% 28 889 068 0.22% Exxaro Resources Ltd 15% 93 649 749 0.72% Firstrand Bank Limited 15% 181 263 861 1.38% Glencore International Plc 15% 40 038 555 0.31% Impala Platinum Holdings Ltd 15% 201 520 299 1.54% Investec Ltd 15% 10 969 299 0.08% Investec PLC 15% 52 972 007 0.40% Kumba Iron Ore Ltd 15% 2 559 965 0.02% Life Healthcare Group Holdings Ltd 15% 18 781 640 0.14% Mediclinic International PLC 15% 2 010 465 0.02% Momentum Metropolitan Holdings 15% 9 044 245 0.07% Mondi Plc 15% 16 284 291 0.12% Mr Price Group Ltd 15% 12 559 255 0.10% MTN Group Ltd 15% 159 669 847 1.22% Naspers Ltd 15% 609 185 943 4.65% Nedbank Limited 15% 71 859 690 0.55% Netcare Ltd 15% 17 221 567 0.13% Northam Platinum Ltd 15% 76 323 285 0.58% OLD MUTUAL LIMITED 15% 93 804 612 0.72% Pepkor Holdings Ltd 15% 26 746 093 0.20% Pick n Pay Stores Ltd 15% 35 869 042 0.27% PSG Group Ltd 15% 16 898 336 0.13% PSG Konsult Ltd 15% 17 038 529 0.13% QUILTER PLC 15% 126 009 291 0.96% Rand Merchant Investment Holdi 15% 12 390 215 0.09% Reinet Investment Sla 15% 26 984 399 0.21% Remgro Ltd 15% 72 565 085 0.55% Sanlam Ltd 15% 38 642 087 0.30% Santam Ltd 15% 6 519 919 0.05% SAPPI SOUTHERN AFRICA (PROPRIETARY) LIMITED 15% 47 434 018 0.36% Sasol Ltd 15% 211 469 914 1.62% Sea Harvest Group Ltd 15% 3 584 802 0.03% Shoprite Holdings Ltd 15% 75 887 816 0.58% Sibanye Gold Ltd 15% 41 203 042 0.31% SPAR Group Ltd/The 15% 61 051 847 0.47% Standard Bank of South Africa Ltd 15% 243 667 742 1.86% The Foschini Group Ltd 15% 27 601 438 0.21% Truworths International Ltd 15% 4 614 930 0.04% Vodacom Group Ltd 15% 3 355 049 0.03% Woolworths Holdings Ltd/South 15% 49 114 443 0.38%

9 (a)(ii) Issuer market capitalisation of between R2 billion and R20 billion, or an amount or conditions as prescribed 75% 393 853 136 3.01%

ABSA Bank Limited 10% 426 946 0.00% Adcock Ingram Holdings Ltd 10% 5 628 167 0.04% Advtech Ltd 10% 10 380 830 0.08% AECI Ltd 10% 3 954 687 0.03% African Oxygen Ltd 10% 22 024 093 0.17% Afrimat Ltd 10% 1 324 921 0.01% Alexander Forbes Group Holding 10% 4 916 507 0.04% ALLIED ELECTRONICS COR-A SHR 10% 18 906 036 0.14% ALSI TOP40 JSE Equity Index 10% (68 563) 0.00% ALVIVA HOLDINGS LTD 10% 1 067 849 0.01% Arrowhead Properties Ltd 10% 1 931 277 0.01% Ascendis Health Ltd 10% 615 031 0.00% ASTRAL FOODS LTD 10% 4 448 924 0.03% Coronation Fund Managers Ltd 10% 29 034 718 0.22% CURRO Holdings Ltd 10% 3 858 589 0.03% Datatec Ltd 10% 42 737 510 0.33% enX Group Ltd 10% 12 702 981 0.10% Famous Brands Ltd 10% 19 093 065 0.15% Grindrod Ltd 10% 495 0.00% Hosken Consolidated Investments Ltd 10% 8 428 140 0.06% Hudaco Industries Ltd 10% 8 067 396 0.06% Imperial Logistics Ltd 10% 6 783 138 0.05% Invicta Holdings Ltd 10% 1 184 141 0.01% Italtile Ltd 10% 4 653 253 0.04% Liberty Two Degrees 10% 0 0.00% LIBSTAR HOLDINGS LTD 10% 878 842 0.01% Lighthouse Capital Ltd 10% 764 378 0.01% LONG4LIFE LTD 10% 1 777 345 0.01% Metair Investments Ltd 10% 1 025 114 0.01% Motus Holdings Ltd 10% 5 607 061 0.04% Mpact Ltd 10% 27 273 474 0.21% Nedbank Limited 10% 1 110 096 0.01% Oceana Group Ltd 10% 34 791 960 0.27% Omnia Holdings Ltd 10% 2 511 514 0.02% Pan African Resources Plc 10% 3 202 409 0.02% PPC Ltd 10% 13 850 469 0.11% RCL Foods Ltd/South Africa 10% 18 409 577 0.14% RFG Holdings Ltd 10% 5 171 903 0.04% Royal Bafokeng Platinum Ltd 10% 5 413 062 0.04% SAFEX 10% (112 627) 0.00% Sasfin Holdings Ltd 10% 538 718 0.00% Spur Corp Ltd 10% 1 599 514 0.01% Stadio Holdings Ltd 10% 603 910 0.00% Sun International Ltd 10% 32 460 084 0.25% Super Group Ltd/South Africa 10% 6 749 865 0.05% Sygnia Ltd 10% 832 242 0.01% Tradehold Ltd 10% 172 889 0.00% Transaction Capital (Pty) Ltd 10% 2 889 194 0.02% TSOGO SUN GAMING LTD 10% 2 596 590 0.02% Zambezi Platinum 10% 6 434 303 0.05% Zeder Investments Ltd 10% 5 201 115 0.04%

(a)(iii) Issuer market capitalisation of less than R2 billion, or an amount or conditions as prescribed 75% 147 534 147 1.13%

Adcorp Holdings Ltd 5% 265 659 0.00% Alliance Mining Corp Ltd 5% 0 0.00% 10 Basil Read Holdings Ltd 5% 383 552 0.00% Brimstone Investment Corporation Ltd 5% 1 636 648 0.01% E Media Holdings Ltd 5% 89 693 0.00% EQSTRA CORPORATION (PROPRIETARY) LIMITED 5% 33 617 0.00% Hope Bancorp Inc 5% 0 0.00% INVESTEC EMERGING COMPANIES FUND 5% 15 978 466 0.12% Lewis Group Ltd 5% 3 065 332 0.02% Metrofile Holdings Ltd 5% 60 985 0.00% METTLE INVESTMENTS LTD 5% 7 219 0.00% MSCI EAFE Index 5% 207 392 0.00% MultiChoice Group Ltd 5% 99 620 821 0.76% Natural Capsules Ltd 5% 36 639 0.00% Novus Holdings Limited 5% 5 508 723 0.04% PSG Group Ltd 5% 1 256 073 0.01% RECM & CalibreLtd 5% 1 575 711 0.01% SAFEX 5% 13 402 0.00% SPEAR REIT LTD 5% 1 222 604 0.01% Trencor Ltd 5% 16 390 107 0.13% Tsogo Sun Hotels Ltd 5% 181 504 0.00%

(b) Preference and ordinary shares in companies, excluding shares in propert companies, not listed on an exchange 10% 3 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% 3 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 3 953 286 753 30.19% limits (a) Preference and ordinary shares in companies, excluding shares in propert SARB maximum companies, listed on an exchange:- 3 812 730 242 29.12% limits

(a)(i) Issuer market capitalisation of R20 billion or more, or an amount or SARB maximum conditions as prescribed 2 212 039 568 16.89% limits

1ST QUANTUM MINERALS 15% 15 772 0.00% 3i Group PLC 15% 29 898 0.00% 3M Co 15% 237 049 0.00% 51JOB INC-ADR 15% 1 487 133 0.01% 58.com Inc 15% 14 641 771 0.11% ABB Ltd 15% 99 837 0.00% Abbott Laboratories 15% 354 704 0.00% AbbVie Inc 15% 307 892 0.00% ABIOMED Inc 15% 3 307 843 0.03% ABSA Bank Limited 15% 29 619 0.00% Accenture Plc 15% 315 538 0.00% ACCOR SA 15% 27 019 0.00% Activision Blizzard Inc 15% 109 183 0.00% Acuity Brands Inc 15% 12 404 0.00% Adecco Group AG 15% 23 075 0.00% Adidas 15% 2 918 445 0.02% Admiral Group Ord 15% 9 062 969 0.07% Advance Auto Parts Inc 15% 24 406 0.00% ADVANTECH CO 15% 2 491 444 0.02% Advantest Corp 15% 8 756 449 0.07% Aegon NV 15% 18 704 0.00% 11 Aena SME SA 15% 27 286 0.00% Aeon Co Ltd 15% 27 908 0.00% Aflac Inc 15% 88 585 0.00% AGC Inc/Japan 15% 14 422 0.00% Ageas 15% 24 766 0.00% Agilent Technologies Inc 15% 60 181 0.00% AGL Energy Ltd 15% 22 336 0.00% Agnico Eagle Mines Ltd 15% 34 192 0.00% AIA Group Ltd 15% 27 750 331 0.21% Air Canada 15% 14 777 0.00% Air Liquide SA 15% 149 418 0.00% Air Products & Chemicals Inc 15% 116 449 0.00% Ajinomoto Co Inc 15% 17 868 0.00% Akamai Technologies Inc 15% 31 622 0.00% Albemarle Corp 15% 4 399 878 0.03% Alcon Inc 15% 56 203 0.00% Alexion Pharmaceuticals Inc 15% 53 887 0.00% Alfa Laval AB 15% 17 561 0.00% Alibaba Group Holding Ltd 15% 49 690 303 0.38% Align Technology Inc 15% 47 046 0.00% Alimentation Couche-Tard Inc 15% 62 490 0.00% Alleghany Corp 15% 25 546 0.00% Allegion PLC 15% 27 928 0.00% Alliance Data Systems Corp 15% 12 772 0.00% Alliant Energy Corp 15% 29 562 0.00% Allstate Corp 15% 84 465 0.00% Ally Financial Inc 15% 30 724 0.00% Alnylam Pharmaceuticals Inc 15% 7 891 917 0.06% Alphabet Inc 15% 68 115 975 0.52% Alps Electric Co Ltd 15% 8 792 0.00% Altice 15% 10 462 0.00% Altria Group Inc 15% 13 239 227 0.10% Amada Co Ltd 15% 9 103 0.00% Amadeus IT Group SA 15% 14 303 165 0.11% AMAZON.COM INC 15% 25 368 390 0.19% Amcor PLC 15% 43 092 0.00% American Electric Power Co. Inc 15% 104 849 0.00% American Financial Group 15% 18 047 0.00% American International Group Inc 15% 99 502 0.00% American Water Works Co Inc 15% 49 212 0.00% Ameriprise Financial Inc 15% 51 753 0.00% AmerisourceBergen Corp 15% 29 316 0.00% Ametek Inc 15% 54 172 0.00% Amgen Inc 15% 335 780 0.00% Amphenol Corp 15% 74 639 0.00% Analog Devices Inc 15% 101 254 0.00% Andritz AG 15% 6 129 0.00% Anglo American Plc 15% 69 750 0.00% Anheuser-Busch InBev NV 15% 9 497 290 0.07% Anheuser-Busch InBev SA/NV 15% 152 992 0.00% ANSYS Inc 15% 64 868 0.00% Anthem Inc 15% 18 864 225 0.14% Aon PLC/UK 15% 113 262 0.00% Aozora Bank Ltd 15% 6 852 0.00% APA Group 15% 19 359 0.00% Apache Corp 15% 20 443 881 0.16% Apple Inc 15% 3 096 162 0.02% Applied Materials Inc 15% 130 350 0.00%

12 Aramark 15% 21 926 0.00% Arista Networks Inc 15% 24 689 0.00% Aristocrat Leisure Ltd 15% 29 562 0.00% Arrow Electronics Inc 15% 29 022 0.00% ASAHI KASEI CORP 15% 33 219 0.00% Ashikaga Holdings Co Ltd 15% 4 769 0.00% ASM Pacific Technology Ltd 15% 7 923 0.00% ASML Holding NV 15% 31 687 845 0.24% Associated British Foods PLC 15% 25 284 0.00% Assurant Inc 15% 14 921 0.00% Astellas Pharma Inc 15% 74 692 0.00% AstraZeneca Plc 15% 311 065 0.00% ASX LTD 15% 22 640 0.00% AT&T Inc 15% 668 815 0.01% ATLAS COPCO AB 15% 64 351 0.00% Atmos Energy Corp 15% 30 104 0.00% Auckland International Airport Ltd 15% 12 811 0.00% Aurizon Holdings Ltd 15% 16 188 0.00% Auto Trader Group PLC 15% 19 234 0.00% Autodesk Inc 15% 90 879 0.00% Autoliv Inc 15% 15 339 0.00% Automatic Data Processing Inc 15% 167 940 0.00% AutoZone Inc 15% 20 406 234 0.16% Avery Dennison Corp 15% 25 377 0.00% AXA SA 15% 126 267 0.00% BAE Systems PLC 15% 52 807 0.00% BALL CORP 15% 51 213 0.00% Banco Santander SA 15% 159 861 0.00% Bank of East Asia Ltd 15% 5 996 0.00% Bank of Montreal 15% 123 412 0.00% Bank of New York Mellon 15% 97 100 0.00% Bankinter SA 15% 10 734 0.00% BARCLAYS BANK PLC 15% 102 949 0.00% Barratt Developments PLC 15% 21 773 0.00% Barrick Gold Corporation 15% 77 753 0.00% BASF SE 15% 159 367 0.00% Baxter International Inc 15% 92 222 0.00% Bayer AG 15% 24 506 040 0.19% Bayerische Motoren Werke AG 15% 24 981 848 0.19% BB Seguridade Participacoes SA 15% 3 986 274 0.03% BCE Inc 15% 14 636 0.00% Becton Dickinson & Co 15% 19 861 774 0.15% Beiersdorf AG 15% 27 702 759 0.21% Bendigo & Adelaide Bank Ltd 15% 7 309 0.00% Berkshire Hathaway Inc 15% 698 511 0.01% Best Buy Co Inc 15% 48 390 0.00% BHP Billiton Plc 15% 190 790 0.00% BHP Group Plc 15% 51 768 512 0.40% Bio-Rad Laboratories Inc 15% 26 645 0.00% BioMarin Pharmaceutical Inc 15% 34 735 0.00% Black Knight Inc 15% 22 552 0.00% BlackBerry Ltd 15% 7 342 0.00% Blackrock Inc 15% 131 966 0.00% Boeing Co 15% 408 658 0.00% Bollore 15% 46 0.00% BOMBARDIER INC 15% 6 450 0.00% Booking Holdings Inc 15% 49 056 985 0.37% BORAL LTD 15% 9 488 0.00%

13 Boston Scientific Corp 15% 140 092 0.00% Brambles Ltd 15% 38 023 0.00% Brenntag AG 15% 27 211 0.00% Bridgestone Corp 15% 57 325 0.00% Brilliance China Automotive Holdings Ltd 15% 4 697 928 0.04% Bristol-Myers Squibb Co 15% 431 286 0.00% British American Tobacco Plc 15% 46 569 748 0.36% Brookfield Asset Management Inc 15% 117 656 0.00% Brother Industries Ltd 15% 9 639 0.00% BT Group PLC 15% 46 955 0.00% Budweiser Brewing Co APAC Ltd 15% 13 770 0.00% Bunge Ltd 15% 18 499 0.00% Bunzl PLC 15% 19 018 0.00% Burberry Group PLC 15% 28 742 0.00% Bureau Veritas SA 15% 6 025 288 0.05% Cabot Oil & Gas Corp 15% 16 623 0.00% CAE INC 15% 17 065 0.00% Caltex Australia Ltd 15% 13 466 0.00% Canadian National Railway Co 15% 159 467 0.00% Canadian Natural Resources Ltd 15% 88 223 0.00% Canadian Pacific Railway Ltd 15% 82 854 0.00% Canadian Tire Corp Ltd 15% 15 718 0.00% Canadian Utilities Ltd 15% 7 946 0.00% Canon Inc 15% 62 330 0.00% Canopy Growth Corporation 15% 8 666 0.00% Capital & Regional PLC 15% 163 530 0.00% Capital One Financial Corp 15% 120 593 0.00% Cardinal Health Inc 15% 35 187 0.00% Carmax Inc 15% 32 623 0.00% Carnival PLC 15% 19 105 0.00% Casio Computer Co Ltd 15% 8 411 0.00% Caterpillar Inc 15% 193 328 0.00% Cboe Global Markets Inc 15% 32 341 0.00% CCL Industries Inc 15% 12 779 0.00% CDK Global Inc 15% 15 177 0.00% CDW Corp/DE 15% 47 545 0.00% CENOVUS ENERGY INC 15% 25 871 0.00% Centene Corp 15% 35 924 0.00% CenterPoint Energy Inc 15% 33 162 0.00% Central Japan Railway Co 15% 65 209 0.00% Centrica Plc 15% 14 053 0.00% Cerner Corp 15% 59 694 0.00% CF Industries Holdings Inc 15% 24 224 0.00% Charles Schwab Corp 15% 26 953 585 0.21% Charter Communications Inc 15% 17 021 586 0.13% Check Point Software Technolog 15% 23 318 691 0.18% CHECK POINT SOFTWARE TECHNOLOGIES LTD 15% 32 751 0.00% CHEGG INC 15% 3 068 123 0.02% Cheniere Energy Partners LP Holdings LLC 15% 30 767 0.00% Chevron Corp 15% 536 234 0.00% Chipotle Mexican Grill Inc 15% 5 778 382 0.04% Chubb Ltd 15% 158 652 0.00% CHUBU ELECTRIC POWER CO INC 15% 19 023 0.00% Chugai Pharmaceutical Co Ltd 15% 45 481 0.00% Chugoku Electric Power Co Inc 15% 5 719 0.00% Church & Dwight Co Inc 15% 39 877 0.00% CIBC 15% 82 073 0.00% Cie de Saint-Gobain 15% 46 715 0.00%

14 Cigna Corp 15% 173 506 0.00% Cincinnati Financial Corp 15% 39 389 0.00% Cintas Corp 15% 53 903 0.00% Cisco Systems Inc 15% 481 682 0.00% Citibank N.A. 15% 22 942 906 0.18% Citizens Financial Group Inc 15% 44 631 0.00% Citrix Systems Inc 15% 35 394 0.00% Clorox Co 15% 45 117 0.00% CLP Holdings Ltd 15% 38 442 0.00% CME Group Inc 15% 160 954 0.00% CMS ENERGY CORP 15% 37 136 0.00% CNP Assurances 15% 6 162 0.00% COGNA EDUCACAO 15% 2 327 598 0.02% Cognex Corp 15% 21 329 0.00% Cognizant Technology Solutions 15% 81 495 0.00% Comcast Corp 15% 469 709 0.00% Comerica Inc 15% 27 114 0.00% Commerzbank AG 15% 13 953 0.00% Compass Group Plc 15% 90 734 0.00% ConAgra Foods Inc 15% 37 910 0.00% CONCHO RESOURCES INC 15% 40 291 0.00% ConocoPhillips 15% 164 072 0.00% Consolidated Edison Inc 15% 78 020 0.00% Constellation Software Inc 15% 40 918 0.00% Continental AG 15% 15 374 021 0.12% COPART INC 15% 40 973 0.00% CORELOGIC INC 15% 6 383 762 0.05% Corning Inc 15% 51 954 0.00% Corteva Inc 15% 49 813 0.00% Costco Wholesale Corp 15% 295 234 0.00% Credicorp Ltd 15% 2 540 287 0.02% Credit Saison Co Ltd 15% 4 855 0.00% Credit Suisse Group AG 15% 40 096 313 0.31% CRH PLC 15% 11 939 136 0.09% CSL Ltd 15% 199 434 0.00% CSX Corp 15% 124 443 0.00% Cummins Inc 15% 61 865 0.00% CyberAgent Inc 15% 4 382 598 0.03% CyberArk Software Ltd 15% 9 834 0.00% Dai Nippon Printing Co Ltd 15% 15 245 0.00% Dai-ichi Life Insurance Co Ltd 15% 38 761 0.00% Daiichi Sankyo Co Ltd 15% 95 802 0.00% DAIKIN INDUSTRIES LTD 15% 79 044 0.00% Daimler AG 15% 24 619 631 0.19% Daiwa House Industry Co Ltd 15% 1 606 321 0.01% Daiwa Securities Group Inc 15% 17 414 0.00% Danaher Corp 15% 223 955 0.00% Dassault Systemes 15% 50 065 0.00% DaVita HealthCare Partners Inc 15% 18 835 0.00% DBS Group Holdings Ltd 15% 85 336 0.00% DCC 15% 20 309 0.00% Deere & Co 15% 116 285 0.00% Dell Technologies Inc 15% 15 235 0.00% Delta Airlines Inc 15% 21 212 0.00% Demant A/S 15% 15 629 0.00% Denso Corp 15% 44 035 0.00% DENTSU INC 15% 15 396 0.00% Deutsche Bank AG 15% 34 911 0.00%

15 Deutsche Boerse AG 15% 6 055 541 0.05% Deutsche Post AG 15% 84 312 0.00% Deutsche Telekom AG 15% 121 887 0.00% Devon Energy Corp 15% 25 798 0.00% DexCom Inc 15% 45 902 0.00% Diageo PLC 15% 3 300 480 0.03% Discover Financial Services 15% 63 343 0.00% Discovery Inc 15% 54 256 0.00% DNB ASA 15% 40 165 0.00% DOLLAR GENERAL CORP 15% 90 177 0.00% Dollar Tree Inc 15% 50 240 0.00% Dollarama Inc 15% 24 743 0.00% Dover Corp 15% 34 327 0.00% DOW INC 15% 92 340 0.00% DR Horton Inc 15% 41 568 0.00% Dropbox Inc 15% 10 649 0.00% DSV A/S 15% 60 408 0.00% DTE Energy Co 15% 53 448 0.00% Dufry 15% 8 287 0.00% DUPONT DE NEMOURS INC 15% 106 601 0.00% DXC Technology Co 15% 23 211 0.00% EAST JAPAN RAILWAY CO 15% 65 191 0.00% East West Bancorp Inc 15% 15 730 0.00% Eastman Chemical Co 15% 24 411 0.00% easyJet PLC 15% 7 257 0.00% Eaton Vance Corp 15% 11 375 0.00% Ebay Inc 15% 73 101 0.00% Ecolab Inc 15% 112 717 0.00% ELECTROLUX 15% 12 662 0.00% Electronic Arts Inc 15% 75 344 0.00% Emera Inc 15% 26 162 0.00% Emerson Electric Co 15% 104 328 0.00% Empire Co Ltd 15% 7 459 0.00% ENBRIDGE INC 15% 195 993 0.00% EnCana Corp 15% 16 988 0.00% Endesa SA 15% 17 981 0.00% Enel SpA 15% 147 779 0.00% Eni Spa 15% 96 588 0.00% Entergy Corp 15% 51 334 0.00% EOG Resources Inc 15% 9 680 164 0.07% Equifax Inc 15% 37 793 0.00% Equinor ASA 15% 44 089 0.00% Erie Indemnity Co 15% 12 295 0.00% Estee Lauder Co Inc 15% 103 362 0.00% Everest Re Group Ltd 15% 27 931 0.00% EVERGY INC 15% 41 194 0.00% Eversource Energy 15% 61 989 0.00% EXACT SCIENCES CORP 15% 32 154 0.00% Exelon Corp 15% 98 952 0.00% Expedia Group Inc 15% 31 628 0.00% Experian PLC 15% 71 618 0.00% Exxon Mobil Corp 15% 691 313 0.01% F5 Networks Inc 15% 19 511 0.00% FACEBOOK INC 15% 31 599 174 0.24% FactSet Research Systems Inc 15% 28 703 0.00% Fast Retailing Co Ltd 15% 80 168 0.00% Fastenal Co 15% 49 932 0.00% FedEx Corp 15% 84 084 0.00%

16 Ferrari NV 15% 43 220 0.00% Ferrovial SA 15% 33 896 0.00% Fiat Chrysler Automobiles NV 15% 37 490 0.00% Fifth Third Bancorp 15% 49 992 0.00% Finmeccanica SpA 15% 10 249 0.00% Firstenergy Corp 15% 61 259 0.00% Fiserv Inc 15% 148 971 0.00% FleetCor Technologies Inc 15% 58 163 0.00% Fletcher Building Ltd 15% 5 488 0.00% Flextronics International Ltd 15% 15 607 0.00% FLIR Systems Inc 15% 15 477 0.00% Flowserve Corp 15% 13 714 0.00% FNF Group 15% 27 261 0.00% Fortescue Metals Group Ltd 15% 22 785 0.00% Fortive Corp 15% 50 681 0.00% Fortum Oyj 15% 23 281 0.00% Fox Corp 15% 16 942 815 0.13% Franco-Nevada Corp 15% 43 079 0.00% Franklin Resources Inc 15% 25 991 0.00% Fresenius Medical Care AG & Co 15% 35 001 0.00% FUJI ELECTRIC CO LTD 15% 8 236 0.00% Fuji Heavy Industries Ltd 15% 34 472 0.00% Fuji Photo Film Co 15% 40 576 0.00% Fukuoka Financial Group Inc 15% 7 021 0.00% G4S PLC 15% 10 961 0.00% Galaxy Entertainment Group Ltd 15% 3 057 685 0.02% Gap Inc 15% 9 108 0.00% Garmin Ltd 15% 36 100 0.00% Gartner Inc 15% 40 026 0.00% GDF Suez 15% 65 679 0.00% Geberit AG 15% 58 176 0.00% General Electric 15% 234 958 0.00% General Mills Inc 15% 83 360 0.00% General Motors Co 15% 23 820 307 0.18% Genuine Parts Co 15% 34 542 0.00% Gildan Activewear Inc 15% 14 391 0.00% Gilead Sciences Inc 15% 193 521 0.00% GlaxoSmithKline PLC 15% 274 899 0.00% Glencore International Plc 15% 78 007 0.00% Global Payments Inc 15% 130 595 0.00% Goldman Sachs Group Inc 15% 169 557 0.00% Grainger Inc 15% 34 732 0.00% Great-West Lifeco Inc 15% 16 095 0.00% Grifols SA 15% 27 992 0.00% GRUBHUB INC 15% 3 091 736 0.02% GVC Holdings PLC 15% 15 795 0.00% Hamamatsu Photonics KK 15% 12 803 0.00% Hanesbrands Inc 15% 11 560 0.00% Hang Seng Bank Ltd 15% 44 606 0.00% Hargreaves Lansdown PLC 15% 18 076 0.00% Harley-Davidson Inc 15% 12 929 0.00% HAYS PLC 15% 3 364 833 0.03% HCA Healthcare Inc 15% 90 811 0.00% HDFC BANK LTD ADR 15% 5 427 180 0.04% Heineken 15% 5 322 167 0.04% Helios Towers PLC 15% 1 934 292 0.01% Hennes And Mauritz 15% 36 356 0.00% Henry Schein Inc 15% 22 248 0.00%

17 Hermes International 15% 56 663 0.00% HERO HONDA MOTORS 15% 2 877 309 0.02% Hewlett-Packard Co 15% 49 174 0.00% Hino Motors Ltd 15% 6 920 0.00% Hitachi Chemical Co Ltd 15% 10 429 0.00% Hitachi High-Tech Corp 15% 8 393 0.00% Hitachi Ltd 15% 94 426 0.00% Hitachi Metals Ltd 15% 6 626 0.00% HollyFrontier Corp 15% 20 252 0.00% Hologic Inc 15% 33 403 0.00% Home Depot Inc 15% 560 498 0.00% Honda Motor Co Ltd 15% 27 089 746 0.21% Honeywell International Inc 15% 291 117 0.00% Hong Kong & China Gas Co Ltd 15% 45 716 0.00% Hormel Foods Corp 15% 30 832 0.00% Hoya Corp 15% 82 511 0.00% HSBC Holdings Plc 15% 368 688 0.00% Humana Inc 15% 111 750 0.00% Husky Energy Inc 15% 6 834 0.00% Iberdrola SA 15% 150 693 0.00% IBM 15% 271 379 0.00% ICICI Bank Ltd 15% 3 605 328 0.03% ICON PLC 15% 10 622 329 0.08% Idemitsu Kosan Co Ltd 15% 17 061 0.00% IDEXX Laboratories Inc 15% 49 049 0.00% IHI CORP 15% 7 473 0.00% Iliad SA 15% 7 440 0.00% Illinois Tool Works Inc 15% 133 477 0.00% Illumina Inc 15% 5 683 409 0.04% Imperial Brands PLC 15% 15 414 746 0.12% Imperial Oil Ltd 15% 16 413 0.00% Imperial Tobacco Group Plc 15% 19 011 962 0.15% Incitec Pivot Ltd 15% 13 143 084 0.10% Incyte Corp 15% 33 946 0.00% Industrivarden AB 15% 8 718 0.00% Infineon Technologies 15% 72 198 0.00% Ingredion Inc 15% 13 921 0.00% Inpex Corp 15% 12 939 247 0.10% Insulet Corp 15% 14 089 0.00% Intact Financial Corp 15% 36 678 0.00% Intel Corp 15% 611 624 0.00% Intertek Group PLC 15% 28 605 0.00% INTUIT INC 15% 27 912 153 0.21% Intuitive Surgical Inc 15% 153 325 0.00% Investor AB 15% 55 741 0.00% Invitation Homes Inc 15% 8 424 431 0.06% IPG Photonics Corp 15% 12 224 0.00% IPSEN SA 15% 6 785 0.00% IRB BRASIL RESSEGUROS SA 15% 2 615 188 0.02% Israel Discount Bank Ltd 15% 15 526 0.00% Isuzu Motors Ltd 15% 13 820 0.00% Itochu Corp 15% 69 551 0.00% ITV PLC 15% 15 324 0.00% J Sainsbury PLC 15% 11 192 0.00% Jacobs Engineering Group Inc 15% 24 678 0.00% James Hardie Industries Plc 15% 18 574 0.00% Japan Post Holdings Co Ltd 15% 31 173 0.00% JAPAN POST INSURANCE CO LTD 15% 16 356 0.00%

18 Japan Tobacco Inc 15% 63 611 0.00% Jardine Matheson Holdings Ltd 15% 11 556 100 0.09% JB Hunt Transport Services Inc 15% 24 847 0.00% JD Sports Fashion PLC 15% 10 872 0.00% JD.com Inc 15% 5 816 261 0.04% JFE HOLDINGS INC 15% 14 748 0.00% JGC Corp 15% 8 648 0.00% Johnson & Johnson 15% 33 467 839 0.26% Johnson Matthey PLC 15% 16 021 0.00% JPMorgan Chase & Co 15% 1 039 900 0.01% Julius Baer Group Ltd 15% 20 649 838 0.16% Juniper Networks Inc 15% 20 005 0.00% JX Holdings Inc 15% 32 865 0.00% Kajima Corp 15% 13 144 0.00% Kansai Paint Co Ltd 15% 12 148 0.00% KAO CORP 15% 97 852 0.00% KAWASAKI HEAVY INDUSTRIES LTD 15% 7 582 0.00% KDDI Corp 15% 2 270 926 0.02% KEIO CORP 15% 18 888 0.00% Kellogg Co 15% 39 531 0.00% Keppel Corp Ltd 15% 22 985 0.00% Kering 15% 2 529 443 0.02% Kering SA 15% 111 304 0.00% Kerry Group PLC 15% 54 115 0.00% Keycorp 15% 49 477 0.00% Keyence Corp 15% 148 529 0.00% Keyera Corp 15% 13 509 0.00% KIKKOMAN CORP 15% 18 083 0.00% Kimberly-Clark Corp 15% 106 134 0.00% Kinder Morgan Inc 15% 108 605 0.00% Kingfisher PLC 15% 13 350 0.00% Kinnevik Investment 15% 13 132 0.00% Kinross Gold Corp 15% 14 207 0.00% Kirby Corp 15% 9 944 641 0.08% Kirkland Lake Gold Ltd 15% 18 889 0.00% KLA-Tencor Corp 15% 62 193 0.00% Kobayashi Pharmaceutical Co 15% 9 301 0.00% Kohl's Corp 15% 20 366 0.00% Komatsu Ltd 15% 49 315 0.00% Konami Holdings Corp 15% 9 251 0.00% Konica Minolta Inc 15% 6 867 0.00% Korea Electric Power Corp 15% 8 803 688 0.07% Kroger Co 15% 52 472 0.00% Kuraray Co Ltd 15% 8 511 0.00% Kurita Water Industries Ltd 15% 6 280 0.00% Kyocera Corp 15% 51 135 0.00% Kyowa Hakko Kirin Co Ltd 15% 14 632 0.00% Kyushu Electric Power Co Inc 15% 8 977 0.00% Kyushu Railway Co 15% 11 056 0.00% L3Harris Technologies Inc 15% 99 418 0.00% Lam Research Corp 15% 100 623 0.00% Lamb Weston Holdings Inc 15% 29 558 0.00% LANXESS 15% 13 248 0.00% Lear Corp 15% 18 076 0.00% LendingTree Inc 15% 3 481 491 0.03% Lennar Corp 15% 35 215 0.00% LG Household & Health Care Ltd 15% 1 751 243 0.01% Liberty Broadband Corp 15% 30 701 0.00%

19 Liberty Global PLC 15% 15 427 248 0.12% Liberty SiriusXM Group 15% 44 157 0.00% Lincoln National Corp 15% 27 912 0.00% Linde plc 15% 268 952 0.00% LINE CORP 15% 14 913 0.00% Lion Corp 15% 8 981 0.00% LKQ Corp 15% 24 809 0.00% Lockheed Martin Corp 15% 226 562 0.00% Lululemon Athletica Inc 15% 55 893 0.00% Lundin Petroleum AB 15% 15 950 0.00% Lvmh Moet Hennessy 15% 5 945 132 0.05% M&G PLC 15% 3 656 971 0.03% M3 Inc 15% 28 763 0.00% Macquarie Group Ltd 15% 70 533 0.00% Magna International Inc 15% 38 088 0.00% Makita Corp 15% 18 074 0.00% ManpowerGroup Inc 15% 12 847 0.00% Manulife Financial Corp 15% 100 859 0.00% Mapfre SA 15% 6 380 0.00% Marathon Petroleum Corp 15% 89 772 0.00% MARKEL CORP 15% 7 269 020 0.06% MARTIN MARIETTA MATERIALS INC 15% 11 396 816 0.09% Marubeni Corp 15% 25 627 0.00% Masco Corp 15% 30 786 0.00% Mastercard Inc 15% 51 559 483 0.39% Mazda Motor Corp 15% 10 204 0.00% McCormick & Co Inc 15% 45 580 0.00% McDonald's Corp 15% 349 201 0.00% McGraw Hill Financial Inc 15% 11 980 043 0.09% McKesson Corp 15% 58 200 0.00% Mediobanca 15% 17 399 0.00% Medipal Holdings Corp 15% 10 447 0.00% Medtronic Inc 15% 11 470 838 0.09% Meggitt PLC 15% 16 182 0.00% MEIJI Holdings Co Ltd 15% 18 376 0.00% Meituan Dianping (P Chip) 15% 4 924 294 0.04% Melco Crown Entertainment Ltd 15% 12 955 0.00% Mercadolibre Inc 15% 66 894 0.00% Merck & Co Inc 15% 539 681 0.00% Merck KGAA 15% 35 732 0.00% Methanex Corp 15% 3 756 0.00% Metlife Inc 15% 91 849 0.00% Metro Inc/CN 15% 21 232 0.00% Metso 15% 7 842 0.00% MGM Resorts International 15% 34 766 0.00% Michelin 15% 45 595 0.00% MICROCHIP TECHNOLOGY INC 15% 66 076 0.00% Micron Technology Inc 15% 133 380 0.00% Microsoft Corp 15% 79 941 139 0.61% MIDEA GROUP CO LTD 15% 1 197 755 0.01% Minebea Co Ltd 15% 18 411 0.00% MISUMI Group Inc 15% 16 547 0.00% Mitsubishi Corp 15% 13 472 888 0.10% Mitsubishi Electric Corp 15% 57 414 0.00% MITSUBISHI MOTORS CORP 15% 6 143 0.00% Mitsui & Co Ltd 15% 10 989 872 0.08% Mitsui Chemicals Inc 15% 11 204 0.00% Mitsui OSK Lines Ltd 15% 5 614 0.00%

20 Mizrahi Tefahot Bank Ltd 15% 6 427 0.00% Mizuho Financial Group Inc 15% 90 056 0.00% Molson Coors Brewing Co 15% 22 722 0.00% Mondi Plc 15% 29 556 0.00% Moodys Corp 15% 47 079 182 0.36% Morgan Stanley 15% 145 416 0.00% Motherson Sumi Systems Ltd 15% 2 998 496 0.02% Motorola Solutions Inc 15% 56 630 0.00% Mowi ASA 15% 24 886 0.00% MSCI Inc 15% 49 695 0.00% MTR Corp Ltd 15% 22 607 0.00% Myriad Genetics Inc 15% 3 798 960 0.03% NABTESCO CORP 15% 8 479 0.00% National Bank of Canada 15% 51 382 0.00% National Grid Ord 15% 109 363 0.00% National Oilwell Varco Inc 15% 9 413 780 0.07% Naturgy Energy Group SA 15% 16 666 0.00% NESTLE FOODS NIGERIA PLC 15% 1 921 677 0.01% Nestle SA Registered 15% 36 263 549 0.28% NetApp Inc 15% 36 135 0.00% Netflix Inc 15% 4 643 300 0.04% Newcrest Mining Ltd 15% 15 072 000 0.12% Newell Brands Inc 15% 18 780 0.00% Newmont Corp 15% 81 017 0.00% Nexon Co Ltd 15% 12 824 0.00% Next PLC 15% 28 188 0.00% NGK Insulators Ltd 15% 1 121 632 0.01% Nidec Corp 15% 71 021 0.00% NIKE Inc 15% 298 612 0.00% Nintendo Co Ltd 15% 103 425 0.00% NiSource Inc 15% 22 681 0.00% Nissan Motor Co Ltd 15% 29 157 0.00% Nisshin Seifun Group Inc 15% 9 196 0.00% Nissin Foods Holdings Co Ltd 15% 10 224 0.00% Nitori Holdings Co Ltd 15% 27 890 0.00% Nitto Denko Corp 15% 21 100 0.00% Noble Energy Inc 15% 25 764 0.00% Nokia OYJ 15% 46 992 0.00% NOKIAN RENKAAT OYJ 15% 8 266 0.00% Nomura Holdings Inc 15% 40 430 0.00% Nomura Research Institute Ltd 15% 18 789 0.00% Nordstrom Inc 15% 9 944 0.00% Norfolk Southern Corp 15% 115 256 0.00% Norsk Hydro ASA 15% 11 566 0.00% NortonLifeLock Inc 15% 37 620 0.00% NOVOCURE LTD 15% 4 221 608 0.03% NRG Energy Inc 15% 26 087 0.00% NSK Ltd 15% 8 034 0.00% NTT Corp 15% 18 868 0.00% NTT DOCOMO Inc 15% 82 345 0.00% Nucor Corp 15% 39 482 0.00% Nutrien Ltd 15% 62 979 0.00% NVIDIA Corp 15% 310 974 0.00% NVR Inc 15% 30 557 0.00% O'Reilly Automotive Inc 15% 77 433 0.00% Obayashi Corp 15% 24 569 0.00% Ocado Group PLC 15% 18 765 0.00% Occidental Petroleum Corp 15% 85 785 0.00%

21 OGE Energy Corp 15% 28 608 0.00% Oil Search 15% 14 742 0.00% Oji Holdings Corp 15% 9 678 0.00% Okta Inc 15% 32 517 0.00% Olympus Corp 15% 12 484 043 0.10% Omron Corp 15% 24 856 0.00% OMV AG 15% 17 229 0.00% ONEOK Inc 15% 69 943 0.00% Ono Pharmaceutical Co Ltd 15% 19 401 0.00% Open Text Corp 15% 25 922 0.00% Oracle Corp 15% 15 702 625 0.12% Orica Ltd 15% 3 884 694 0.03% Origin Energy Finance Ltd 15% 23 571 0.00% Orion OYJ 15% 9 325 0.00% Orix Corp 15% 59 180 0.00% Orsted A/S 15% 44 033 0.00% Osaka Gas Co Ltd 15% 15 043 0.00% Otsuka Corp 15% 7 716 0.00% Owens Corning 15% 14 737 0.00% PACCAR INC 15% 60 928 0.00% Packaging Corp of America 15% 22 363 0.00% Palo Alto Networks Inc 15% 48 175 0.00% Pandora A/S 15% 10 495 0.00% Park24 Co Ltd 15% 5 689 0.00% Paychex Inc 15% 63 846 0.00% Paycom Software Inc 15% 38 674 0.00% PayPal Holdings Inc 15% 284 726 0.00% Pearson Plc 15% 14 558 0.00% Pentair PLC 15% 24 793 0.00% People's United Financial Inc 15% 25 241 0.00% PepsiCo Inc 15% 448 516 0.00% Persimmon Plc 15% 23 314 0.00% Pfizer Inc 15% 501 401 0.00% Philip Morris International Inc 15% 40 231 360 0.31% Philips Lighting NV 15% 5 961 928 0.05% Phillips 66 15% 120 054 0.00% Pioneer Natural Resources Co 15% 57 126 0.00% Polaris Industries Inc 15% 14 106 0.00% Power Corp of Canada 15% 21 094 0.00% Power Financial Corp 15% 14 547 0.00% PPL Corp 15% 64 348 0.00% PrairieSky Royalty Ltd 15% 4 814 0.00% Principal Financial Group 15% 37 155 0.00% Procter & Gamble Co 15% 731 691 0.01% Progressive Corp 15% 94 733 0.00% PROSUS NV 15% 25 069 605 0.19% Prudential Financial Inc 15% 85 041 0.00% PVH CORP 15% 18 503 0.00% QBE Insurance Group Ltd 15% 27 436 0.00% QIAGEN NV 15% 16 266 0.00% Qorvo Inc 15% 39 773 0.00% Qualcomm Inc 15% 244 895 0.00% Rakuten Inc 15% 18 894 0.00% RALPH LAUREN CORP 15% 14 195 0.00% Ramsay Health Care Ltd 15% 23 771 0.00% Raytheon Co 15% 137 621 0.00% Reckitt Benckiser Group PLC 15% 38 420 578 0.29% Recruit Holdings Co Ltd 15% 127 096 0.00%

22 Red Electrica Corp SA 15% 18 181 0.00% Regeneron Pharmaceuticals Inc 15% 66 913 0.00% Regions Financial Corp 15% 38 843 0.00% RELX PLC 15% 122 322 0.00% RenaissanceRe Holdings Ltd 15% 15 337 0.00% Renault SA 15% 19 998 0.00% Rentokil Initial Plc 15% 25 193 0.00% Repsol SA 15% 1 542 0.00% REPSOL SA RTS 15% 50 783 0.00% ResMed Inc 15% 10 702 985 0.08% Resona Holdings Inc 15% 19 999 0.00% Ricoh Co Ltd 15% 17 165 0.00% Rinnai Corp 15% 5 341 0.00% Rio Tinto PLC 15% 165 119 0.00% Roche Holding AG 15% 37 952 689 0.29% Rockwell Automation Inc 15% 52 216 0.00% Rogers Communications Inc 15% 42 185 0.00% Rohm Co Ltd 15% 17 165 0.00% Roku Inc 15% 28 925 0.00% Roper Technologies Inc 15% 83 925 0.00% Ross Stores Inc 15% 96 814 0.00% Royal Bank of Canada 15% 265 705 0.00% ROYAL CARIBBEAN CRUISES LTD 15% 63 686 0.00% Royal Dutch Shell 15% 552 398 0.00% Rpm International Inc 15% 23 214 0.00% RSA Insurance Group PLC 15% 16 219 0.00% RWE AG 15% 38 018 0.00% RYANAIR HOLDINGS PLC SP ADR 15% 3 198 251 0.02% Ryman Healthcare Ltd 15% 18 409 0.00% Ryohin Keikaku Co Ltd 15% 11 749 0.00% Safran SA 15% 125 570 0.00% Sage Group PLC 15% 24 498 0.00% Salesforce.com Inc 15% 318 881 0.00% Samsung Electronics Co Ltd 15% 24 520 851 0.19% Sands China Ltd 15% 2 973 451 0.02% Santen Pharmaceutical Co Ltd 15% 15 796 0.00% Santos Ltd 15% 22 763 0.00% Saputo Inc 15% 17 902 0.00% SBERBANK OF RUSSIA 15% 17 998 615 0.14% Schroders PLC 15% 20 312 0.00% Seagate Technology 15% 34 214 0.00% Sealed Air Corp 15% 16 213 0.00% SeaWorld Entertainment 15% 29 965 0.00% Secom Co Ltd 15% 45 602 0.00% Securitas AB 15% 11 588 0.00% Seek Ltd 15% 13 213 0.00% SEI Investments Co 15% 20 375 0.00% Seibu Holdings Inc 15% 8 960 0.00% Seiko Epson Corp 15% 8 271 0.00% SembCorp Industries Ltd 15% 3 885 0.00% SEMPRA ENERGY 15% 94 007 0.00% ServiceNow Inc 15% 120 829 0.00% Severn Trent PLC 15% 20 075 0.00% Sgs SA 15% 31 597 0.00% Shaw Communications Inc 15% 22 453 0.00% SHIMADZU CORP 15% 19 293 0.00% SHIMANO INC 15% 25 136 0.00% Shiseido Co Ltd 15% 67 228 0.00%

23 Siemens AG 15% 250 795 0.00% Singapore Exchange Ltd 15% 11 447 0.00% Singapore Press Holdings Ltd 15% 5 643 0.00% Sirius XM Holdings Inc 15% 33 951 0.00% SITEONE LANDSCAPE SUPPLY INC 15% 5 059 016 0.04% SJM Holdings Ltd 15% 4 083 0.00% Skandinaviska Enskilda Banken 15% 33 760 0.00% Skyworks Solutions Inc 15% 49 059 0.00% Smith & Nephew Plc 15% 47 465 0.00% Smiths Group PLC 15% 18 667 0.00% Smurfit Kappa Group PLC 15% 21 193 0.00% Snap Inc 15% 24 391 0.00% Snap-on Inc 15% 20 297 0.00% Sodexo SA 15% 23 400 0.00% Softbank Corp 15% 212 256 0.00% Solvay SA 15% 17 877 0.00% Sonic Healthcare Ltd 15% 28 916 0.00% Sony Corp 15% 209 815 0.00% South32 15% 21 357 0.00% SOUTHERN CO 15% 163 195 0.00% Splunk Inc 15% 60 343 0.00% SPOTIFY TECHNOLOGY SA 15% 3 102 847 0.02% Square Enix Holdings Co Ltd 15% 10 691 0.00% Square Inc 15% 50 453 0.00% SSE Plc 15% 46 624 0.00% Standard Chartered Bank 15% 61 115 0.00% Stanley Black & Decker Inc 15% 56 763 0.00% Stanley Electric Co Ltd 15% 8 530 0.00% Starbucks Corp 15% 253 261 0.00% Stericycle Inc 15% 4 732 884 0.04% STERIS plc 15% 32 299 0.00% Straumann Holding AG 15% 24 170 0.00% STRYKER CORP 15% 159 070 0.00% Sumitomo Chemical Co Ltd 15% 15 826 0.00% Sumitomo Corp 15% 21 305 674 0.16% Sumitomo Heavy Industries Ltd 15% 6 945 0.00% Sun Life Financial Inc 15% 64 091 0.00% Suncor Energy Inc 15% 116 202 0.00% Suntory Beverage & Food Ltd 15% 12 277 0.00% Suzuken Co Ltd 15% 5 415 0.00% Suzuki Motor Corp 15% 37 915 0.00% SVB Financial Group 15% 29 955 0.00% Swedish Match AB 15% 20 335 0.00% Swire Pacific Ltd 15% 9 383 0.00% Swisscom AG 15% 30 777 0.00% Sydney Airport Ltd 15% 14 570 0.00% Symrise AG 15% 31 323 0.00% Synchrony Financial 15% 51 192 0.00% Synopsys Inc 15% 56 838 0.00% Sysco Corp 15% 93 312 0.00% Sysmex Corp 15% 7 340 382 0.06% T Rowe Price Group Inc 15% 74 558 0.00% T&D Holdings Inc 15% 17 643 0.00% T-Mobile US Inc 15% 41 447 0.00% Take-Two Interactive Software 15% 32 996 0.00% Takeda Pharmaceutical Co Ltd 15% 140 657 0.00% TAPESTRY INC 15% 16 529 0.00% Targa Resources Corp 15% 20 286 0.00%

24 Target Corp 15% 160 733 0.00% TC Energy Corp 15% 110 441 0.00% TE CONNECTIVITY LTD 15% 26 035 928 0.20% TECH MAHINDRA 15% 2 734 966 0.02% TechnipFMC PLC 15% 20 826 0.00% Teck Resources Ltd 15% 20 855 0.00% Teijin Ltd 15% 6 797 0.00% TELADOC HEALTH INC 15% 4 174 664 0.03% Tele2 AB 15% 19 424 0.00% Telecom Italia SpA 15% 22 386 0.00% Teleflex Inc 15% 36 198 0.00% Telenor ASA 15% 26 590 0.00% Telstra Corp Ltd 15% 23 569 0.00% TELUS CORP 15% 15 952 0.00% Tenaris SA 15% 11 241 0.00% Tencent Holdings Ltd 15% 18 645 832 0.14% Tenet Healthcare Corp 15% 12 707 833 0.10% Teradyne Inc 15% 6 909 826 0.05% TERUMO CORP 15% 51 165 0.00% Tesco Plc 15% 73 207 0.00% Tesla Inc 15% 7 358 998 0.06% Texas Instruments Inc 15% 282 088 0.00% Textron Inc 15% 23 414 0.00% The Swatch Group 15% 6 079 0.00% Thermo Fisher Scientific Inc 15% 11 059 758 0.08% Thomson-Reuters Corporation 15% 32 550 0.00% ThyssenKrupp AG 15% 12 595 0.00% TJX Cos Inc/The 15% 180 034 0.00% Toho Gas Co Ltd 15% 5 735 0.00% TOKYO ELECTRON LTD 15% 83 863 0.00% Tokyo Gas Co Ltd 15% 22 029 0.00% Tokyu Corp 15% 20 714 0.00% Toppan Printing Co Ltd 15% 11 555 0.00% TORAY INDUSTRIES INC 15% 22 578 0.00% Toshiba Tec Corp 15% 40 713 0.00% Tosoh Corp 15% 9 306 0.00% Total SA 15% 13 081 799 0.10% TOTO Ltd 15% 13 609 0.00% TOYO SUISAN KAISHA LTD 15% 9 536 0.00% Toyota Financial Services (SA) Ltd 15% 23 734 659 0.18% TOYOTA TSUSHO CORP 15% 17 359 0.00% Tractor Supply Co 15% 24 256 0.00% TransUnion 15% 33 640 0.00% Travelers Cos Inc 15% 80 522 0.00% Travis Perkins PLC 15% 12 540 935 0.10% Trimble Inc 15% 24 179 0.00% TripAdvisor Inc 15% 6 673 0.00% Twilio Inc 15% 21 028 0.00% Twitter Inc 15% 55 072 0.00% Tyler Technologies Inc 15% 18 517 0.00% Tyson Foods Inc 15% 61 307 0.00% Uber Technologies Inc 15% 20 619 0.00% UCB SA 15% 20 938 0.00% UGI Corp 15% 26 165 0.00% UNDER ARMOUR INC 15% 5 046 816 0.04% Unicredito Italiano Spa 15% 67 621 0.00% Unilever PLC 15% 22 586 999 0.17% Union Pacific Corp 15% 299 884 0.00%

25 United Continental Holdings Inc 15% 14 390 0.00% United Internet AG 15% 8 614 0.00% United Overseas Bank Ltd 15% 60 811 0.00% United Parcel Service Inc 15% 191 169 0.00% UNITED RENTALS INC 15% 29 719 0.00% United Technologies Corp 15% 294 271 0.00% United Utilities Group PLC 15% 17 681 0.00% Universal Health Services Inc 15% 26 356 0.00% Unum Group 15% 14 315 0.00% US Bancorp 15% 209 646 0.00% USS Co Ltd 15% 8 389 0.00% Vale - ADR 15% 19 251 430 0.15% Valero Energy Corp 15% 86 884 0.00% Varian Medical Systems Inc 15% 37 922 0.00% Veeva Systems Inc 15% 50 063 0.00% Venture Corp Ltd 15% 7 114 0.00% Veolia Environnement SA 15% 34 067 0.00% VeriSign Inc 15% 43 231 006 0.33% Verisk Analytics Inc 15% 55 055 0.00% Verizon Communications Inc 15% 595 078 0.00% Vertex Pharmaceuticals Inc 15% 127 626 0.00% VF Corp 15% 75 641 0.00% Vifor Pharma AG 15% 21 370 0.00% VINCI SA 15% 140 205 0.00% Visa Inc 15% 85 093 249 0.65% VMware Inc 15% 26 837 0.00% Vodafone Group Plc 15% 115 825 0.00% voestalpine AG 15% 6 963 0.00% Voya Financial Inc 15% 23 623 0.00% Vulcan Materials Co 15% 48 215 0.00% WABCO Holdings Inc 15% 14 658 0.00% Walgreens Boots Alliance Inc 15% 101 856 0.00% Walt Disney Co 15% 610 268 0.00% WASTE MANAGEMENT INC 15% 108 924 0.00% Waters Corp 15% 8 119 722 0.06% WEC Energy Group Inc 15% 67 334 0.00% Wellcare Health Plans Inc 15% 64 545 0.00% Wesfarmers Ltd 15% 84 811 0.00% West Fraser Timber Co Ltd 15% 6 305 0.00% West Pharmaceutical Services I 15% 15 464 0.00% Westpac Banking Corp 15% 134 569 0.00% WESTROCK COMPANY 15% 25 868 0.00% WH Group Ltd 15% 20 555 0.00% Whirlpool Corp 15% 23 592 0.00% Whitbread PLC 15% 17 738 0.00% WILLIAMS COS INC 15% 63 243 0.00% Willis Towers Watson PLC 15% 62 177 0.00% Wilmar International Ltd 15% 21 552 0.00% Wirecard AG 15% 32 745 0.00% Woodside Petroleum Ltd 15% 49 837 0.00% Workday Inc 15% 59 678 0.00% WorleyParsons Ltd 15% 9 588 0.00% WPP PLC 15% 41 345 0.00% WR Berkley Corp 15% 21 795 0.00% WULIANGYE YIBIN CO LTD 15% 7 287 209 0.06% Wynn Macau Ltd 15% 4 202 508 0.03% Xcel Energy Inc 15% 84 058 0.00% Xerox Holdings Corp 15% 18 963 0.00%

26 Xilinx Inc 15% 57 564 0.00% Yahoo Japan Corp 15% 24 475 0.00% Yakult Honsha Co Ltd 15% 14 964 0.00% Yamada Denki Co Ltd 15% 6 797 0.00% Yamaha Corp 15% 20 983 0.00% YAMAHA MOTOR CO LTD 15% 12 746 0.00% Yaskawa Electric Corp 15% 20 229 0.00% YOKOGAWA ELECTRIC CORP 15% 11 932 0.00% YUM BRANDS INC 15% 67 915 0.00% Yum China Holdings Inc 15% 3 235 735 0.02% ZAYO GROUP HOLDINGS 15% 18 142 0.00% Zebra Technologies Corp 15% 35 210 0.00% Zimmer Holdings Inc 15% 68 215 0.00% Zoetis Inc 15% 144 111 0.00% (a)(ii) Issuer market capitalisation of between R2 billion and R20 billion, or an SARB maximum amount or conditions as prescribed 19 981 673 0.15% limits

Arconic Inc 10% 12 760 692 0.10% Hydro One Ltd 10% 13 826 0.00% Lawson Inc 10% 4 926 0.00% LEG IMMOBILIEN AG 10% 4 452 319 0.03% Marathon Oil Corp 10% 26 961 0.00% Medibank Private Ltd 10% 15 284 0.00% Recordati 10% 8 970 0.00% Stanbic Holdings Plc 10% 2 640 220 0.02% Teva Pharmaceutical Industries Ltd 10% 21 833 0.00% YAMATO HOLDINGS CO 10% 12 608 0.00% Zions Bancorp NA 10% 24 034 0.00% (a)(iii) Issuer market capitalisation of less than R2 billion, or an amount or SARB maximum conditions as prescribed 1 580 709 001 12.07% limits

AbbVie Inc 5% 40 686 351 0.31% ABC-Mart Inc 5% 12 980 0.00% ABN AMRO Group 5% 16 418 0.00% Acom Co Ltd SH5 5% 2 922 0.00% Acrher Daniels Midland 5% 57 151 0.00% ACS ACTIVIDADES CONS 5% 23 962 0.00% ADEVINTA ASA 5% 2 254 149 0.02% ADO PROPERTIES SA 5% 142 286 0.00% Adobe Inc 5% 376 433 0.00% Advanced Micro Devices Inc 5% 110 878 0.00% Aeon Co Ltd 5% 7 663 0.00% AerCap Holdings 5% 18 046 0.00% Aeroports de Paris 5% 12 879 0.00% AES Corp 5% 28 343 0.00% African Bank Ltd 5% 2 359 245 0.02% Aier Eye Hospital Group Co Ltd 5% 2 021 307 0.02% Air Water Inc 5% 4 410 0.00% Airbus SE 5% 200 133 0.00% Aisin Seiki Co 5% 14 663 0.00% Alfresa Hldgs Corp 5% 9 088 0.00% Algonquin Power & Utilities Co 5% 16 379 0.00% Allergan Inc 5% 153 957 0.00% Allianz SE 5% 16 995 553 0.13% Alstom SA (Pty) Ltd 5% 16 412 0.00% Alta Mesa Resources Inc 5% 13 114 0.00% AltaGas. 5% 10 644 0.00% Alumina Ltd 5% 8 182 0.00% Amadeus IT Group SA 5% 88 779 0.00% Amerada Hess Corp 5% 41 264 0.00% 27 Amerco Inc 5% 7 569 0.00% Ameren Corp 5% 42 953 0.00% American Campus Communities 5% 1 247 431 0.01% American Express Co 5% 198 631 0.00% AMP LIMITED 5% 8 337 0.00% Tryg A/S 5% 6 395 0.00% TSINGTAO BREWERY H 5% 2 365 437 0.02% TUI Group 5% 11 961 0.00% UBS AG 5% 121 481 0.00% Ulta Beauty Inc 5% 33 976 0.00% UMICORE 5% 22 847 0.00% UNANA UNILEVER 5% 2 845 058 0.02% Uni-Charm Corp 5% 30 806 0.00% Unite Group 5% 826 416 0.01% United Healthcare Group Inc 5% 19 277 383 0.15% United Urban Investment Corp 5% 11 948 0.00% UnitedHealth Group Inc 5% 652 303 0.00% UPM-Kymmene OYJ 5% 40 941 0.00% US Airways Group 5% 8 074 0.00% Vail Resorts 5% 21 710 0.00% Valeant Pharmaceuticals International Inc 5% 20 125 0.00% Valeo 5% 20 029 0.00% Vestas Wind Systems 5% 45 557 0.00% ViacomCBS Inc 5% 50 715 0.00% VISTRA ENERGY CORP 5% 27 102 0.00% Vivendi Universal 5% 61 518 0.00% Volkswagen 5% 95 748 0.00% Volvo Grp 5% 55 599 0.00% Wabtec Corp 5% 4 348 159 0.03% Wal Mart Stores 5% 398 308 0.00% Wartsila OYJ Abp 5% 11 090 0.00% WASTE CONNECTIONS 5% 55 516 0.00% Wayfair Inc 5% 13 200 0.00% Weir Group Plc 5% 9 480 0.00% Welcia Holdings Co Ltd 5% 8 947 0.00% Wells Fargo & Co 5% 524 357 0.00% Wells Fargo And Company 5% 4 044 066 0.03% Welltower Inc 5% 3 082 009 0.02% Wendel SE 5% 7 818 0.00% WEST JAPAN RAILWAY COMPANY 5% 37 308 0.00% Western Digital Corporation 5% 42 371 0.00% Western Union Co. 5% 34 145 0.00% Westlake Chemical Corp 5% 13 999 0.00% Weston George Ltd 5% 13 667 0.00% Wharf Real Estate Investment Co Ltd 5% 17 435 0.00% Wheaton Precious Metals Corp 5% 30 735 0.00% Wheelock and Co Ltd 5% 13 676 0.00% Wix.Com Ltd 5% 15 107 0.00% Wolters Kluwer NV 5% 49 177 0.00% Woolworths Holdings Ltd 5% 72 755 0.00% Wynn Resorts 5% 30 701 0.00% X5 Retail Group 5% 3 368 326 0.03% XPO Logistics Inc 5% 44 807 515 0.34% Xylem Inc 5% 31 617 0.00% Yamazaki Baking Co Ltd 5% 4 091 0.00% Yandex NV 5% 9 983 594 0.08% Yangzijiang Shipbuilding Holdings Ltd 5% 12 576 0.00% Yara International 5% 17 018 0.00%

28 Yokohama Rubber 5% 4 861 0.00% Youdao - A 5% 1 878 848 0.01% Yue Yuen Industrial Holdings Ltd 5% 4 336 0.00% Zalando SE 5% 20 684 0.00% Zenith Bank 5% 4 042 331 0.03% ZILLOW GROUP C 5% 6 844 399 0.05% Zurich Insurance Group AG 5% 139 315 0.00% Amundi SA 5% 11 222 0.00% ANA Holdings Inc 5% 9 395 0.00% Anthem Inc 5% 21 866 961 0.17% Antofagasta Ord 5% 11 493 0.00% AP Moller-Maersk 5% 34 152 0.00% Aptiv PLC 5% 55 288 0.00% Arcelor Mittal NPV 5% 27 263 0.00% ARCH CAPITAL GROUP 5% 42 152 0.00% Arena REIT 5% 253 128 0.00% ARKEMA 5% 17 006 0.00% Asahi Group Holdings Ltd 5% 40 319 0.00% Ashtead Grp Plc 5% 34 567 0.00% ASML Holding NV 5% 296 553 0.00% Assa Abloy AB 5% 52 959 0.00% Assicurazioni Generali SpA 5% 48 087 0.00% ATCO Ltd 5% 6 965 0.00% Athene Holding Ltd 5% 15 771 0.00% Atlantia 5% 27 275 0.00% ATLAS COPCO AB 5% 7 068 477 0.05% Atos SE 5% 17 439 0.00% ATTIJARIWAFA BANK 5% 7 874 596 0.06% AURORA CANNABIS 5% 3 103 0.00% AusNet Services Ltd 5% 4 114 0.00% Australia and New Zealand Banking Group Ltd 5% 117 630 0.00% AutoZone Inc 5% 6 338 298 0.05% Aviva 5% 46 277 0.00% AXA Equitable Holdings Inc 5% 32 016 0.00% AXALTA COATING SYSTEMS 5% 13 842 0.00% Axis Bank 5% 3 911 627 0.03% Axon Enterprise Inc 5% 3 919 142 0.03% AZRIELI GROUP 5% 14 813 0.00% B3 SA - Brasil Bolsa Balcao 5% 6 075 304 0.05% Baker Hughes Co 5% 39 855 0.00% Baloise Holding 5% 19 408 0.00% Banco Bradesco SA 5% 8 856 351 0.07% Banco de Sabadell 5% 16 335 0.00% Banco Espirito Santo SA 5% 0 0.00% Bank Hapoalim 5% 19 629 0.00% Bank Leumi Le-Israel BM 5% 24 081 0.00% Bank of Ireland 5% 4 006 995 0.03% Bank of Kyoto Ltd/The 5% 5 181 0.00% Bank of Nova Scotia 5% 163 908 0.00% Bank Windhoek Holdings Ltd 5% 1 169 054 0.01% Bankamerica 5% 30 784 861 0.24% Bankia 5% 5 175 0.00% Baozun Inc 5% 2 968 364 0.02% Barry Callebaut AG 5% 9 539 0.00% BBVA 5% 91 628 0.00% Becton Dickinson & Co 5% 179 324 0.00% BeiGene Ltd 5% 15 346 0.00% BELGACOM 5% 10 480 0.00%

29 Benesse Holdings Inc 5% 3 697 0.00% Berkeley Group Holdings PLC 5% 18 209 0.00% Berry Global Group Inc 5% 6 743 057 0.05% Bharat Forge Ltd 5% 2 522 913 0.02% BHP Steel Ltd 5% 12 332 0.00% Big Yellow Group PLC 5% 1 561 038 0.01% BIM BIRLESIK MAGAZALAR 5% 5 119 058 0.04% Biogen Idec Inc 5% 135 329 0.00% Blackstone Group Inc/The 5% 94 256 0.00% BM&F BOVESPA SA 5% 724 455 0.01% BNP Paribas 5% 157 633 0.00% BOC Hong Kong Holdings Ltd 5% 28 678 0.00% Bollore 5% 8 137 0.00% Booz Allen Hamilton Holding Co 5% 17 561 0.00% BorgWarner Inc 5% 19 548 0.00% Bouygues SA 5% 20 786 0.00% BP Amoco 5% 296 305 0.00% Bristol-Myers Squibb 5% 9 197 433 0.07% Bristol-Myers Squibb Co 5% 353 758 0.00% Broadcom Corp 5% 300 944 0.00% Broadridge Financial Solutions Inc 5% 6 701 806 0.05% BROWN & BROWN 5% 16 245 0.00% Brown Forman Corp 5% 52 551 0.00% Burlington Stores Inc 5% 43 160 0.00% C H Robinson Worldwide Inc 5% 23 182 0.00% Cadence Design Systems 5% 53 177 0.00% CAIXABANK SA 5% 26 469 0.00% Calbee Inc 5% 6 402 0.00% Cameco Corp Common Stock CAD 5% 6 640 0.00% Campbell Soup Co. 5% 27 107 0.00% Canadian Pacific Railway Ltd 5% 10 371 0.00% Capgemini 5% 44 282 0.00% CapitaLand Ltd 5% 15 047 0.00% Capri Holdings Ltd 5% 12 494 0.00% Carlsberg 5% 37 415 0.00% Carnival PLC 5% 49 111 0.00% Carrefour SA 5% 23 201 0.00% Casino Guichard Perrachon 5% 4 619 0.00% Castellum AB 5% 2 591 241 0.02% CBRE Group Inc 5% 46 371 0.00% Celanese Corp Series A 5% 36 399 0.00% Centamin Egypt Ltd 5% 5 030 438 0.04% Centuria Capital Group 5% 1 180 859 0.01% Century Tokyo Leasing Corp 5% 7 420 0.00% CenturyLink Inc 5% 28 069 0.00% CGI Inc 5% 48 990 0.00% Challenger Financial Services Group Ltd 5% 6 916 0.00% Charles Schwab Corp 5% 128 801 0.00% Cheung Kong Infrastructure Holdings Ltd 5% 10 093 0.00% Chiba Bank Ltd 5% 9 189 0.00% Chocoladefabriken Lindt & Spru 5% 38 981 0.00% Chr Hansen Holding A/S 5% 17 477 0.00% CI Capital Holding for Financi 5% 2 288 080 0.02% CI FINANCIAL CORPORATION 5% 9 266 0.00% Cie Financiere Richemont SA 5% 15 985 497 0.12% CIMIC Group Ltd 5% 5 352 0.00% City Developments Ltd 5% 6 520 0.00% CK Asset Holdings 5% 5 247 952 0.04%

30 CK Hutchison Holdings 5% 65 290 0.00% Cnh Industrial 5% 27 323 941 0.21% Co-operative Bank of Kenya Ltd 5% 1 824 592 0.01% Coca Cola Co 5% 589 046 0.00% COCHLEAR LIMITED 5% 19 507 0.00% Colgate-Palmolive Co 5% 138 681 0.00% Coloplast 5% 30 821 0.00% Colruyt SA 5% 14 452 0.00% COMFORTDELGRO CORPORATION 5% 8 299 0.00% Commercial International Bank 5% 16 506 755 0.13% Commonwealth Bank of Australia 5% 233 327 0.00% Computer Share Ltd 5% 11 732 0.00% Constellation Brds Class A 5% 70 936 0.00% Container Corp Of India Ltd 5% 2 360 048 0.02% CONTINENTAL RESOURCES INC 5% 8 089 0.00% Cooper Cos Inc/The 5% 37 353 0.00% CoStar Group 5% 51 759 0.00% COTY A 5% 6 053 0.00% Cousins Properties Inc 5% 2 880 063 0.02% Covestro 5% 18 219 0.00% CP All PLC 5% 1 034 256 0.01% Credit Agricole Egypt SAE 5% 2 487 355 0.02% Credit Agricole SA 5% 39 110 0.00% Cronos Group Inc 5% 3 543 0.00% Crown Ltd 5% 27 004 0.00% CTRIP.COM INTERNATIONAL-ADR 5% 3 647 437 0.03% CubeSmart 5% 3 333 144 0.03% CVS Health Corp 5% 225 746 0.00% Daicel Corp 5% 5 204 0.00% Dainippon Sumitomo Pharma Co 5% 6 380 0.00% Dairy Farm International Holdi 5% 5 674 0.00% Daito Trust Construction Co. Ltd 5% 20 032 0.00% DANGOTE CEMENT PLC 5% 2 689 653 0.02% Danone SA 5% 116 715 0.00% Danske Bank 5% 23 865 0.00% Darden Restaurants Inc 5% 31 133 0.00% Dassault Aviation 5% 8 538 0.00% DENTSPLY SIRONA 5% 26 782 0.00% DEUTSCHE ANNINGTON 5% 11 216 287 0.09% Deutsche Lufthansa 5% 9 059 0.00% Deutsche Wohnen SE 5% 459 420 0.00% Development Bank of Southern Africa 5% 278 639 0.00% DIAMONDBACK ENERGY 5% 34 254 0.00% Direct Line Insurance Grp 5% 14 575 0.00% Disco Corp 5% 13 729 0.00% Dish Network Corporation 5% 18 922 0.00% DocuSign Inc 5% 21 193 0.00% DOLLAR GENERAL CORP 5% 9 024 484 0.07% Dominion Energy Inc 5% 166 680 0.00% Dominos Pizza Inc 5% 25 143 0.00% Don Quijote Holdings Co Ltd 5% 17 171 0.00% Dsm NV 5% 52 835 0.00% Duke Energy Holding Corp 5% 147 432 0.00% E*TRADE Financial Corp 5% 25 821 0.00% E-Mini S&P 500 5% 508 528 0.00% E.ON SE 5% 51 514 0.00% Eastern Tobacco 5% 5 606 915 0.04% Eaton Corp PLC 5% 91 406 0.00%

31 Edenred EUR 5% 30 424 0.00% Edison International 5% 63 126 0.00% EDITA FOOD INDUSTRIES SAE 5% 2 689 135 0.02% Edwards Lifesciences 5% 110 605 0.00% Eiffage 5% 20 194 0.00% Eisai Co Ltd 5% 43 432 0.00% Elanco Animal Health Inc 5% 26 978 0.00% Elbit Systems Ltd 5% 7 058 0.00% ELECTRIC POWER DEVELOPMENT 5% 11 027 0.00% Electricite de France (EDF) 5% 14 709 0.00% Elisa 5% 19 674 0.00% Ems Chemie Holding 5% 13 320 0.00% Enagas 5% 12 289 0.00% Energias de Portugal 5% 24 606 0.00% ENTRA ASA 5% 3 033 449 0.02% Epam Systems 5% 32 300 0.00% Epiroc 5% 4 336 241 0.03% EQUITY BANK LTD 5% 4 817 025 0.04% Ericsson Lm 5% 60 779 0.00% Erste Bank 5% 24 130 0.00% ESSILORLUXOTTICA SA 5% 98 006 0.00% Essity Aktiebolag B 5% 43 261 0.00% ESTACIO PARTICIPACOES ON 5% 2 987 598 0.02% Eurazeo SE 5% 7 622 0.00% Eurofins Scientific SE 5% 15 887 0.00% European Aeronautic Defence and Space Co 5% 6 252 652 0.05% Eutelsat Communications SA 5% 7 638 0.00% Evonik Industries 5% 11 716 0.00% EXOR SpA 5% 17 194 0.00% Expeditors International of Washington Inc 5% 29 767 0.00% FactSet Research Systems Inc 5% 17 739 774 0.14% Fairfax Financial Hldgs Ltd 5% 6 375 460 0.05% FamilyMart 5% 14 799 0.00% Fanuc Ltd 5% 91 952 0.00% FAWRY FOR BANKING & PAYMENT TECHNOLOGY SERVICES 5% 3 237 496 0.02% Fidelity Nationall Information Services 5% 193 503 0.00% First Capital Realty Inc 5% 0 0.00% First Republic Bank/CA 5% 42 655 0.00% Fisher & Paykel Healthcare Corp Ltd 5% 19 955 0.00% Flight Centre Ltd 5% 4 331 0.00% FMC Technologies Inc 5% 27 726 0.00% FNB Namibia Holdings Ltd 5% 5 943 449 0.05% Fomento Economico Mexicano SAB 5% 6 514 814 0.05% Fomento Economico Mexicano SAB de CV Units 5% 6 521 512 0.05% Ford Motor Co. 5% 85 104 0.00% Fortinet Inc 5% 44 014 0.00% Fortis Inc 5% 41 024 0.00% Fortune Brands Home & Security Inc 5% 23 151 0.00% Fox Corp 5% 60 982 0.00% FPL Group 5% 269 662 0.00% Fraport AG 5% 8 589 0.00% Freeport Mcmor C&G 5% 52 269 0.00% Fresenius SE & Co KGaA 5% 51 515 0.00% FUCHS PETROLUB SE 5% 16 002 0.00% Fujitsu General Ltd 5% 41 801 0.00% Galapagos NV 5% 20 316 0.00% GALLAGHER (ARTHUR J.) 5% 9 518 743 0.07% Galp Energia SGPS SA 5% 20 352 0.00%

32 Gamesa Corp Tecnologica SA 5% 8 511 0.00% Gen Dynamics Corp 5% 96 584 0.00% Genmab 5% 3 624 525 0.03% Getlink SE 5% 17 767 0.00% Givaudan 5% 63 365 0.00% Gjensidige Forsikring ASA 5% 11 422 0.00% GLOBE LIFE INC 5% 33 160 0.00% GODADDY INC CLASS A 5% 35 772 0.00% Grainger PLC 5% 1 952 133 0.01% Groupe Bruxelles Lambert 5% 17 949 0.00% GRUPO FINANCIERO BANORTE 5% 2 036 860 0.02% Guaranty Trust Bank 5% 7 739 668 0.06% Guidewire Software Inc 5% 11 517 0.00% H LUNDBECK 5% 5 346 0.00% Hakon Invest AB 5% 7 821 0.00% Hakuhodo DY Holdings Inc 5% 16 610 0.00% Halliburton Co. 5% 48 110 0.00% HANG LUNG PROPERTIES 5% 11 157 0.00% Hankyu Hanshin Holdings 5% 24 111 0.00% Hannover Reuckvers 5% 25 000 0.00% Hapvida Participacoes e Invest 5% 2 564 846 0.02% Hartford Financial Services Gr 5% 47 119 0.00% Harvey Norman Holdings Ltd 5% 2 606 0.00% HCL TECHNOLOGIES 5% 3 159 611 0.02% HD Supply 5% 17 459 0.00% HDFC Bank Ltd 5% 4 822 291 0.04% HEICO Corp 5% 31 023 0.00% Heidelberg Cement AG 5% 24 997 0.00% Heineken 5% 24 051 0.00% Henderson Land Development Co Ltd 5% 17 340 0.00% Henkel AG & Co KGaA 5% 2 789 901 0.02% Hexagon AB 5% 34 211 0.00% Hikari Tsughin Inc 5% 11 201 0.00% HILTON WORLDWIDE HLDGS 5% 1 796 010 0.01% Hirose Electric Co Ltd 5% 2 238 810 0.02% Hisamitsu Pharmaceutical Co 5% 5 604 0.00% Hitachi Construction Machinery Co Ltd 5% 6 460 0.00% HKEX 5% 93 663 0.00% HKT Trust and HKT Ltd 5% 11 425 0.00% Hochtief 5% 4 566 0.00% Holcim 5% 7 684 064 0.06% Hongkong Electric Hldgs Ltd 5% 22 189 0.00% Hongkong Land Holdings Ltd 5% 14 238 0.00% Hoshizaki Electric Co. Ltd. 5% 347 984 0.00% HOUSING DEV FINANCE CORP 5% 21 897 343 0.17% Howard Hughes 5% 2 979 495 0.02% Howmet Aerospace Inc 5% 15 663 053 0.12% HP Inc 5% 69 748 0.00% HUFVUDSTADEN 5% 2 081 508 0.02% Hulic Co Ltd 5% 8 125 0.00% Huntington Bancshares Inc 5% 38 718 0.00% Huntington Ingalls Industries Inc 5% 23 035 0.00% Husqvarna 5% 6 206 0.00% Hysan Development Co Ltd 5% 1 276 686 0.01% iA Financial Corp Inc 5% 12 852 0.00% Iac Interactivecor 5% 41 000 0.00% ICICI Bank Ltd 5% 10 123 909 0.08% IDEX Corp 5% 27 955 0.00%

33 IFF 5% 29 678 0.00% IHS Inc 5% 66 372 0.00% Iida Group Holdings Co Ltd 5% 4 232 0.00% Industria de Diseno Textil SA 5% 94 114 0.00% Informa 5% 33 576 0.00% ING GROEP 5% 116 743 0.00% Ingenico Group SA 5% 14 399 0.00% Ingersoll-Rand Co Ltd 5% 71 720 0.00% Insurance Australia Grp Ltd 5% 29 673 0.00% INTER PIPELINE 5% 16 697 0.00% Interactive Brokers Group 5% 3 021 411 0.02% IntercontinentalExchange Group 5% 128 859 0.00% International Paper Co 5% 52 045 0.00% Interpublic Group of Cos Inc 5% 11 875 069 0.09% InterXion Holding NV 5% 1 778 203 0.01% Intesa Sanpaolo 5% 96 101 0.00% Invesco Ltd 5% 16 347 0.00% Investors Group Inc 5% 4 615 0.00% Ionis Pharmaceuticals Inc 5% 23 738 0.00% Isetan Mitsukoshi Holdings Ltd 5% 7 489 0.00% Israel Chemicals Ltd 5% 9 352 0.00% ISS A/S 5% 8 629 0.00% Itau Unibanco Holding SA 5% 4 679 047 0.04% Itaú Unibanco Holding-Pref ADR 5% 9 241 531 0.07% Itochu Techno-Solutions Corp 5% 16 591 0.00% J Front Retailing Co Ltd 5% 7 993 0.00% J.M.Smucker Co 5% 25 525 0.00% Jack Henry & Associates Inc 5% 24 874 0.00% Japan Airlines Co Ltd 5% 7 785 0.00% Japan Airport Terminal Co Ltd 5% 4 477 0.00% Jardine Cycle And Carriage Ltd 5% 4 510 0.00% Jardine Matheson Holdings Ltd 5% 14 253 0.00% Jazz Pharmaceuticals Inc 5% 18 783 0.00% JC DECAUX INTERNATIONAL 5% 4 211 0.00% JEFFERIES FINANCIAL GROUP INC 5% 4 049 553 0.03% Jeronimo Martins SGPS SA 5% 9 841 0.00% JIANGSU YANGHE BREWERY 5% 3 507 299 0.03% Johnson Controls Inc 5% 6 401 619 0.05% Jones Lang Lasalle 5% 18 083 0.00% JS Group Corp 5% 8 981 0.00% JSR Corporation 5% 6 802 0.00% Just Eat PLC 5% 3 429 443 0.03% Kakakucom Inc 5% 16 258 0.00% Kamigumi Co Ltd 5% 13 335 0.00% Kansai Electric Power Co Inc 5% 19 175 0.00% Kansas City Southern Railway Co 5% 34 371 0.00% KASIKORNBANK - Foreign 5% 7 039 763 0.05% KB Financial Group Inc 5% 17 035 190 0.13% KBC GROUP NV 5% 43 136 0.00% Keihan Electric Railway Co Ltd 5% 10 488 0.00% Keikyu Corp 5% 10 080 0.00% Keisei Electric Railway Co Ltd 5% 12 560 0.00% KENYA COMMERCIAL BANK LTD 5% 3 821 622 0.03% KERRY PROPERTIES LTD 5% 5 062 0.00% Keysight Technologies 5% 41 384 0.00% Kinnevik Investment 5% 65 628 0.00% Kintetsu Group Holdings Co Ltd 5% 20 800 0.00% Kion Group 5% 11 032 0.00%

34 Kirin Brewery Co Ltd 5% 39 789 0.00% KKR & Co Inc 5% 33 547 0.00% Knight-Swift Transportation Ho 5% 9 512 0.00% Koito Manufacturing Co Ltd 5% 11 911 0.00% Kone Corporation 5% 50 124 0.00% Koninklijke Ahold 5% 67 345 0.00% KONINKLIJKE KPN 5% 26 116 0.00% Koninklijke Philips NV 5% 102 143 0.00% Koninklijke Vopak NV 5% 8 961 0.00% Koyo Seiko CO Ltd 5% 4 590 0.00% KRAFT FOODS GROUP INC 5% 58 142 0.00% Kubota Corp 5% 2 754 212 0.02% Kuehne & Nagel International 5% 18 384 0.00% Kungsleden AB 5% 2 015 095 0.02% L E Lundbergforetagen AB 5% 6 439 0.00% L'Oreal 5% 170 049 0.00% Laboratory Corp Of America Hol 5% 38 329 0.00% LandMark Optoelectronics Corp 5% 2 425 181 0.02% LAS VEGAS SANDS CORP 5% 55 415 0.00% Legal And General Gp 5% 55 317 0.00% Leggett & Platt Inc 5% 14 315 0.00% Legrand 5% 47 725 0.00% Leidos Hldgs Inc 5% 39 473 0.00% Lend Lease Corp Ltd 5% 2 091 022 0.02% Lendlease Global Commercial RE 5% 1 621 993 0.01% Lennox Intl Inc 5% 22 085 0.00% Liberty Media Corporation 5% 29 883 0.00% Lilly (Eli) & Co 5% 267 780 0.00% Lloyds TSB Group Plc 5% 24 129 178 0.18% Loblaw Cos Ltd 5% 23 587 0.00% Loews Corp 5% 32 383 0.00% London Stock Exchange Group plc 5% 74 547 0.00% Lonza Group AG 5% 59 934 0.00% Lowe's Co Inc 5% 222 681 0.00% Lvmh Moet Hennessy 5% 300 131 0.00% LyondellBasell Industries 5% 56 008 0.00% M&T Bank 5% 48 623 0.00% MAGNIT 5% 5 480 671 0.04% MAIL RU GROUP LTD 5% 5 124 223 0.04% MAKEMYTRIP LTD 5% 1 737 443 0.01% MarketAxess Hldg Inc 5% 5 101 776 0.04% Marks & Spencer Plc 5% 11 595 0.00% MAROC TELECOM 5% 7 455 258 0.06% Marriott Intl Inc 5% 98 491 0.00% Marsh & McLennan Cos Inc 5% 127 052 0.00% Marui Group Co Ltd 5% 8 992 0.00% Maruichi Steel Tube Ltd 5% 2 378 0.00% Marvell Tech Group 5% 35 985 0.00% Maxim Integrated Products 5% 37 396 0.00% MCB Group Ltd 5% 5 131 287 0.04% McDonald's Holdings Company (Japan) Ltd 5% 6 355 0.00% MCGRAW HILL FINANCIAL 5% 152 252 0.00% McGraw Hill Financial Inc 5% 21 959 277 0.17% Mega Manunggal Property Tbk PT 5% 72 973 0.00% Meituan Dianping (P Chip) 5% 1 901 023 0.01% Melco Crown Entertainment Ltd 5% 2 820 124 0.02% Melrose Plc 5% 35 401 0.00% Meridian Energy Ltd 5% 10 413 0.00%

35 METALLGESELLSCHAFT AG 5% 12 360 0.00% METRO Wholesale & Food Specialist 5% 5 592 0.00% Mettler-Toledo International I 5% 42 776 0.00% Middleby Corp/The 5% 14 504 0.00% Millea Holdings Inc 5% 80 969 0.00% Millicom International Cellular 5% 11 186 0.00% Mitsubishi Chemical Holdings C 5% 22 025 0.00% Mitsubishi Corp 5% 7 039 0.00% MITSUBISHI ESTATE CO LTD 5% 5 231 021 0.04% Mitsubishi Estate Logistics RE 5% 1 078 108 0.01% Mitsubishi Heavy Industries Lt 5% 29 096 0.00% Mitsubishi Tanabe Pharma Corp 5% 10 011 0.00% Mitsubishi UFJ Holdings Inc 5% 152 707 0.00% Mitsubishi UFJ Lease & Finance 5% 5 202 0.00% Mitsui Chemicals Inc 5% 5 844 0.00% Mohawk Industies Inc 5% 19 091 0.00% Mondelez International Group Inc 5% 193 218 0.00% MongoDB Inc 5% 15 975 0.00% Monster Beverage Co. 5% 58 438 0.00% Moodys Corp 5% 20 086 725 0.15% Morrison Supermarkets Plc 5% 14 817 0.00% MS&AD Insurance Group Holdings Inc 5% 9 504 520 0.07% Munich Re 5% 95 944 0.00% Murata Manufacturing Co Ltd 5% 86 761 0.00% Mylan Inc 5% 24 063 0.00% Nagoya Railroad Co Ltd 5% 12 457 0.00% Namco Bandai Holdings Inc 5% 27 056 0.00% Namibian Breweries Ltd 5% 3 560 426 0.03% Nasdaq Inc 5% 26 194 0.00% National Australia Bank Ltd 5% 116 727 0.00% Natixis 5% 9 465 0.00% NEC Corp SHS 5% 24 991 0.00% Neste Oyj 5% 39 638 0.00% NetEase Inc 5% 12 674 625 0.10% Netease.com Inc 5% 70 416 742 0.54% Neurocrine Biosciences Inc 5% 12 163 0.00% New Oriental Education & Technology Group 5% 2 944 074 0.02% New World Development Co Ltd 5% 2 132 120 0.02% News Corporation 5% 13 172 0.00% NGK Spark Plug Co Ltd 5% 6 232 0.00% NHN Corp 5% 2 391 375 0.02% NICE Systems Ltd 5% 30 221 0.00% Nielsen Holdings 5% 15 362 0.00% Nikon Corp 5% 9 297 0.00% Nippon Express Co Ltd 5% 9 262 0.00% Nippon Meat Packers Inc 5% 7 643 0.00% Nippon Paint Co Ltd 5% 16 582 0.00% Nippon Steel & Sumitomo Metal 5% 25 551 0.00% Nippon Telegraph & Telephone 5% 74 414 0.00% Nippon Yusen KK 5% 7 802 0.00% Nissan Chemical Industries Ltd 5% 14 044 0.00% NN Group N.V. 5% 24 298 0.00% NOAH HOLDINGS LTD 5% 2 161 199 0.02% Northern Trust Corp 5% 50 306 0.00% Northrup Grumman 5% 124 258 0.00% Norwegian Cruise Line Holdings Ltd 5% 26 798 0.00% Notre Dame Intermedica Partici 5% 2 904 916 0.02% Novartis 5% 478 277 0.00%

36 Novo Nordisk 5% 242 333 0.00% Novozymes AS 5% 23 423 0.00% NOW Inc 5% 1 634 677 0.01% NWS Holdings Ltd 5% 3 977 0.00% NXP Semiconductors 5% 79 100 0.00% Obic Co Ltd 5% 20 222 0.00% Odakyu Electric Railway Co Ltd 5% 14 946 0.00% Odontoprev 5% 2 927 042 0.02% Olam International Ltd 5% 7 286 770 0.06% Old Dominion Freight Line 5% 26 159 0.00% OMNICOM GROUP 5% 41 401 0.00% On Semiconductor 5% 22 471 0.00% Onex Corp 5% 12 177 0.00% Oracle Corp 5% 6 216 0.00% Orange SA 5% 63 907 0.00% ORIENTAL LAND CO LTD 5% 64 367 0.00% Oriental Weavers Carpet Co 5% 3 004 682 0.02% ORKLA ASA 5% 17 324 0.00% Osaka Securities Exchange (OSE) 5% 21 490 0.00% Österreichische Elektrizitätswirtschafts AG 5% 9 442 0.00% Otsuka Holding Co Ltd 5% 37 521 0.00% Oversea-Chinese Banking Corp Ltd 5% 57 263 0.00% Paddy Power Plc 5% 22 242 0.00% Panasonic Corp 5% 48 175 0.00% Pao de Acucar 5% 4 596 103 0.04% Pargesa Holding SA 5% 15 260 0.00% Parker-Hannifin Corp 5% 60 603 0.00% Partners Group Hlg 5% 44 833 0.00% PCCW Ltd 5% 4 812 0.00% Pembina Pipeline Corporation 5% 55 337 0.00% Pernod-Ricard 5% 11 322 708 0.09% Perrigo Co PLC 5% 23 038 0.00% Peugeot S.A. 5% 30 661 0.00% Pigeon Corp 5% 10 717 0.00% Ping An Insurance Group Co of China Ltd 5% 10 786 230 0.08% Pinnacle West Capital Corp 5% 20 812 0.00% Pirelli & C SpA 5% 4 981 0.00% Plymouth Industrial REIT Inc 5% 529 719 0.00% PNC FINANCIAL SERVICES GROUP 5% 161 562 0.00% Pola Orbis Holdings Inc 5% 5 921 0.00% Porsche AG 5% 229 348 0.00% Poste Italiane 5% 21 545 0.00% Power Grid Corp of India Ltd 5% 2 443 544 0.02% PPG Industries 5% 70 635 0.00% PROSUS NV 5% 229 917 373 1.76% PRUDENTIAL CORP PLC 5% 22 352 812 0.17% Prysmian Group 5% 11 680 0.00% PTC Inc 5% 22 803 0.00% Public Service Enterprise Group Inc 5% 65 138 0.00% PUBLICIS GROUPE 5% 21 159 0.00% Pulte Corp 5% 21 849 0.00% PUMA AG 5% 15 030 0.00% Quest Diagnostics Inc 5% 30 719 0.00% QUINTILES IMS HOLDINGS INC 5% 68 366 0.00% Raiffeisen Bank International 5% 9 088 0.00% Randstad Hldg 5% 16 145 0.00% Raymond James Financial Inc 5% 24 547 0.00% REA Group Ltd 5% 16 469 0.00%

37 Reinsurance Group of America I 5% 24 214 0.00% Reliance Industries Ltd 5% 8 191 096 0.06% Remy Cointreau 5% 14 014 0.00% Renesas Electronics Corp 5% 13 900 0.00% Republic Services Inc 5% 44 213 0.00% RESTAURANT BRANDS INTERNATIONAL INC 5% 47 059 0.00% Richter 5% 4 383 577 0.03% RingCentral Inc 5% 17 350 0.00% Rio Tinto PLC 5% 62 467 0.00% RITCHIE BROS AUCTIONEERS 5% 4 216 890 0.03% Robert Half International 5% 17 439 0.00% Rollins Inc 5% 19 204 0.00% Rolls-Royce Group PLC 5% 13 320 159 0.10% Royal Bank of Scotland Grp Plc 5% 32 964 0.00% RYANAIR HOLDINGS PLC SP ADR 5% 27 964 440 0.21% SABRE 5% 14 138 0.00% SAFARICOM LTD 5% 8 230 555 0.06% Safestore Holdings PLC 5% 608 041 0.00% Sampo Oyi 5% 43 554 0.00% Samsung Electronics Co Ltd 5% 17 069 993 0.13% Sandvik 5% 58 844 0.00% Sanofi-Synthelabo SA 5% 267 041 0.00% Sanrio Co. Ltd 5% 2 731 0.00% SAP SE 5% 14 243 017 0.11% Sarepta Therapeutics Inc 5% 20 707 0.00% SATS Ltd 5% 4 900 0.00% SBERBANK OF RUSSIA 5% 28 995 007 0.22% SBI Holdings Inc 5% 10 977 0.00% SBI LIFE INSURANCE CO LTD 5% 2 530 642 0.02% Schibsted ASA 5% 5 695 471 0.04% Schindler Hldg AG 5% 8 871 186 0.07% SCHLUMBERGER LIMITED 5% 137 632 0.00% Schneider Electric SE 5% 130 595 0.00% Scor SA 5% 15 175 0.00% Seattle Genetics 5% 6 768 026 0.05% SEB SA 5% 6 473 0.00% Sega Sammy Holdings Inc 5% 5 410 0.00% Sekisui Chemical Co Ltd 5% 13 962 0.00% Sekisui House 5% 35 250 0.00% Sensata Technologies Holding P 5% 6 955 345 0.05% Service Corp 5% 7 791 804 0.06% SES SA 5% 10 592 0.00% Seven & I Holdings 5% 62 330 0.00% Seven Bank Ltd 5% 3 881 0.00% SG Holdings Co Ltd 5% 15 182 0.00% Sharp Corporation 5% 6 072 0.00% Sherwin-Williams Co 5% 108 804 0.00% SHIMADZU CORP 5% 21 961 0.00% Shimamura Co Ltd 5% 11 090 0.00% Shin-Etsu Chemical Co Ltd 5% 94 006 0.00% Shinsei Bank Ltd 5% 14 595 0.00% Shionogi & Co. Ltd 5% 39 566 0.00% Shizuoka Bank Ltd 5% 12 493 0.00% Shopify Inc. 5% 7 463 496 0.06% Showa Denko KK 5% 8 068 0.00% Shurgard Self Storage SA 5% 3 067 189 0.02% Signature Bank/New York NY 5% 16 155 0.00% Singapore Airlines 5% 16 198 0.00%

38 Singapore Technologies Engineering Ltd 5% 9 937 0.00% SingTel 5% 47 983 0.00% Sino Land Co Ltd 5% 10 743 0.00% Six of October Development & I 5% 2 890 229 0.02% Skanska AB 5% 16 214 0.00% Skf Ab Ser 'B' 5% 17 095 0.00% SMC Corp 5% 7 396 647 0.06% Smith (AO) Corp 5% 16 210 0.00% SNAM SpA 5% 25 337 0.00% Societe Generale (SG) 5% 73 717 0.00% Sohgo Security Services Co Ltd 5% 10 782 0.00% Sompo Holdings Inc 5% 28 537 0.00% Sonova Holding 5% 28 513 0.00% Sony Financial Holdings Inc 5% 8 200 0.00% Southwest Airlines 5% 8 585 875 0.07% Spirit AeroSystems Holdings Inc 5% 17 543 0.00% Sprint Corporation 5% 23 783 0.00% SS and C Technologies Hldgs Inc 5% 40 675 0.00% St Microelectronics 5% 43 171 0.00% St. James's Place Plc 5% 17 442 580 0.13% Stars Group Inc/The 5% 14 087 0.00% Start Today Co. Ltd 5% 3 615 0.00% State Street Bank 5% 65 058 0.00% Steel Dynamics Inc 5% 19 399 0.00% Stora Enso Oyj (R) 5% 17 887 0.00% STORAGEVAULT CANADA INC 5% 502 553 0.00% Suez Environnement 5% 11 000 0.00% SumCo Corp 5% 9 161 0.00% Sumitomo Electric Industries Ltd 5% 23 101 0.00% Sumitomo Metal Mining Co Ltd 5% 16 078 0.00% Sumitomo Mitsui Financial Group Inc 5% 7 835 870 0.06% Sumitomo Mitsui Trust Holdings 5% 6 677 104 0.05% Sumitomo Rubber Industries 5% 4 029 0.00% Sun Hung Kai Properties Ltd 5% 64 800 0.00% Suncorp-Metway Ltd 5% 26 535 0.00% Sundrug Co Ltd 5% 7 346 0.00% Svenska Handelsbnk A 5% 36 138 0.00% SWEDBANK 5% 30 053 0.00% Swiss Life Hldg 5% 44 040 0.00% Swiss Prime Site AG 5% 20 443 0.00% Swiss Re 5% 78 926 0.00% Tabcorp Holdings 5% 15 358 0.00% Taiheiyo Cement Corp 5% 8 639 0.00% Taisei Corp 5% 19 558 0.00% Taisho Pharmaceutical Holdings Co Ltd 5% 8 111 0.00% Taiwan Semiconductor Mfg Co Ltd 5% 50 350 777 0.38% TAIYO NIPPON SANSO CORP 5% 14 487 0.00% Talaat Moustafa Group 5% 2 683 789 0.02% Tata Consultancy Services Ltd 5% 2 230 575 0.02% Taubman Centers 5% 484 737 0.00% Taylor Wimpey PLC 5% 18 636 0.00% TD Ameritrade Holding Corp 5% 5 099 048 0.04% TDK Corp 5% 32 643 0.00% Techtronic Industries Co Ltd 5% 5 847 231 0.04% Telecom Corp Of New Zealand Ltd 5% 12 936 0.00% Teledyne Technologies Inc 5% 37 073 0.00% Telefonica 5% 73 099 0.00% Telefonica Deutschland Holding AG 5% 4 317 0.00%

39 Telenet Group Holding NV 5% 4 936 0.00% Telia Co AB 5% 27 046 0.00% Temp Holdings Co Ltd 5% 8 115 0.00% Tencent Music Entertainment Gr 5% 2 358 823 0.02% Tenth of Ramadan Pharmaceutica 5% 1 970 135 0.02% Terna Grp 5% 22 137 0.00% Textainer Group Holdings Ltd 5% 35 573 515 0.27% The Hershey Co 5% 49 256 0.00% The Mosaic Co. 5% 16 525 0.00% The Swatch Group 5% 18 161 0.00% THK Co Ltd 5% 6 133 0.00% Thomson-CSF 5% 24 334 0.00% Tiffany & Co Inc 5% 35 209 0.00% TLG Immobilien AG 5% 2 274 421 0.02% Tobu Railway Co Ltd 5% 16 525 0.00% Toho Co Ltd/Tokyo 5% 9 829 0.00% TOHOKU ELECTRIC POWER 5% 9 784 0.00% Tokyo Electric Power Company Inc 5% 13 978 0.00% Tokyu Fudosan Holdings Corp 5% 2 104 047 0.02% Toronto-Dominion Bank 5% 240 499 0.00% Toyo Seikan Kaisha Ltd 5% 5 545 0.00% Toyoda Gosei Co Ltd 5% 3 321 0.00% TPG Telecom Ltd 5% 3 000 0.00% Trade Desk Inc/The 5% 4 199 025 0.03% TransDigm Inc 5% 61 545 0.00% Transurban Group TCL 5% 73 945 0.00% Treasury Wine Estates 5% 18 026 0.00% Trend Micro Inc/Japan 5% 16 616 0.00% Trip.com Group Ltd 5% 3 742 890 0.03% TRUIST FINANCIAL CORP 5% 169 244 0.00%

(b) Preference and ordinary shares in companies, excluding shares in propert companies, not listed on an exchange 10% 140 556 512 1.07%

a2 Milk Co Ltd 2.5% 16 007 0.00% Accton Technology Corp 2.5% 3 943 351 0.03% Adyen NV 2.5% 20 561 0.00% AIB Group PLC 2.5% 6 689 0.00% Akzo Nobel 2.5% 61 843 0.00% Aqua America Inc 2.5% 23 660 0.00% Asahi Intecc Co Ltd 2.5% 15 084 0.00% Bank issuer unknown 2.5% 0 0.00% BANK OF KIGALI LIMITED 2.5% 4 213 570 0.03% BANK RAKYAT INDONESIA 2.5% 6 917 116 0.05% BHP Group Plc 2.5% 7 330 137 0.06% BioMerieux 2.5% 9 186 0.00% Boliden AB 2.5% 16 514 0.00% Carl Zeiss Meditec AG 2.5% 13 509 0.00% Cellnex Telecom SA 2.5% 24 492 0.00% Central Bank Of Asia 2.5% 1 153 819 0.01% CHINA COMM SERVI H 2.5% 2 836 312 0.02% CHINA MENGNIU DAIRY CO 2.5% 4 146 714 0.03% Chipbond Technology Corp 2.5% 2 995 323 0.02% Clariant AG 2.5% 11 894 0.00% CLSA Global Markets Pte Ltd 2.5% 626 822 0.00% COLES GROUP LIMITED 2.5% 26 592 0.00% Concordia Financial Grp Ltd 2.5% 11 384 0.00% Croda International PLC 2.5% 18 755 0.00% Daifuku 2.5% 14 247 0.00% 40 Davide Campari 2.5% 10 839 0.00% Delivery Hero AG 2.5% 30 530 0.00% Delta Electronics Inc 2.5% 6 163 398 0.05% DNO International ASA 2.5% 7 642 0.00% Duratex SA 2.5% 3 537 539 0.03% Evraz Plc 2.5% 9 115 0.00% Faurecia 2.5% 9 493 0.00% Ferguson PLC 2.5% 45 518 0.00% FinecoBank Banca Fineco SpA 2.5% 14 048 0.00% Fomento Economico Mexicano SAB de CV Units 2.5% 3 386 685 0.03% GENTING BERHAD 2.5% 4 835 209 0.04% GMO Payment Gateway Inc 2.5% 5 239 0.00% Gree Electric Appliances Inc 2.5% 1 844 406 0.01% Grupo Televisa SAB 2.5% 10 814 114 0.08% Halma PLC 2.5% 31 615 0.00% HK Electric Investments 2.5% 5 551 0.00% InterContinental Hotels Group Plc 2.5% 24 811 0.00% Japan Post Bank Co Ltd 2.5% 6 227 0.00% Kingspan Group Plc 2.5% 21 575 0.00% Knorr-Bremse AG 2.5% 11 183 0.00% Korea Investment Holdings Co L 2.5% 5 128 175 0.04% Largan Precision Co Ltd 2.5% 4 499 076 0.03% Live Nation Entertainment Inc 2.5% 8 394 568 0.06% Lotte Shopping Co Ltd 2.5% 2 656 380 0.02% Lundin Mining Corp 2.5% 9 517 0.00% Magellan Financial Grp Ltd 2.5% 11 235 0.00% Media Nusantara Citra Tbk 2.5% 928 808 0.01% Mercadolibre Inc 2.5% 1 584 968 0.01% Mercari Inc 2.5% 6 135 0.00% Micro Focus International 2.5% 13 342 0.00% Moncler S.p.A. 2.5% 19 990 0.00% MonotaRO Co Ltd 2.5% 8 688 0.00% Montreal Exch S&P/TSX 2.5% 12 850 0.00% MTU Aero Engines Holding AG 2.5% 35 748 0.00% NARI Technology Co Ltd 2.5% 5 662 072 0.04% NCSoft Corp 2.5% 3 549 108 0.03% Nippon Shinyaku Co Ltd 2.5% 9 322 0.00% NMC Health PLC 2.5% 5 137 041 0.04% Nordea Bank AB 2.5% 65 093 0.00% PeptiDream Inc 2.5% 10 919 0.00% Ping An Insurance Group Co of China Ltd 2.5% 12 155 635 0.09% PROSUS NV 2.5% 6 441 256 0.05% Quebecor Inc 2.5% 10 358 0.00% Samsonite International SA 2.5% 3 209 231 0.02% Sartorius Stedim Biotech 2.5% 13 009 0.00% Sartorius Vz Aktie 2.5% 19 656 0.00% SHENZHEN INT'L 2.5% 3 406 201 0.03% Sika Finanz AG 2.5% 54 611 0.00% Spirax-Sarco Engineering PLC 2.5% 16 960 0.00% STANDARD LIFE ABERDEEN PLC 2.5% 22 722 0.00% Teleperformance 2.5% 31 639 0.00% Temenos Group 2.5% 23 256 0.00% Tsuruha Holdings Inc 2.5% 8 495 691 0.06% Ubisoft Entertainment 2.5% 13 176 0.00% Unilever NV 2.5% 196 053 0.00% Uniper 2.5% 13 618 0.00% VITASOY INT'L 2.5% 8 951 0.00% Wal-Mart de Mexico SAB de CV 2.5% 3 371 955 0.03%

41 WASHINGTON H. SOUL PATTINSON 2.5% 7 038 0.00% Worldline SA/France 2.5% 18 808 0.00% WSP Global 2.5% 15 334 0.00%

4 IMMOVABLE PROPERTY 839 760 091 6.41% 4.1 Inside the Republic 25% 513 838 808 3.92% (a) Preference shares, ordinary shares and linked units comprising shares linked to debentures in property companies, or units in a Collective 25% 513 838 808 3.92% 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% 340 623 855 2.60%

CAPITAL & COUNTIES PROPERTIES PLC 15% 888 241 0.01% Capital & Regional PLC 15% 73 974 0.00% Emira Property Fund Ltd 15% 2 982 521 0.02% Growthpoint Properties Ltd 15% 108 843 368 0.83% HAMMERSON PLC 15% 36 137 590 0.28% Intu Prop Plc 15% 4 459 549 0.03% Investec Property Fund Ltd 15% 17 295 110 0.13% MAS Real Estate 15% 12 989 023 0.10% NEPI. Rockcastle PLC 15% 44 767 251 0.34% RDI REIT Plc 15% 830 553 0.01% Rebosis Property Fund Ltd 15% 130 043 0.00% Redefine Properties Ltd 15% 35 417 589 0.27% Resilient Property Income Fund Ltd 15% 18 181 642 0.14% SA Corporate Real Estate Ltd 15% 37 698 340 0.29% Sirius Real Estate Ltd 15% 2 749 209 0.02% Vukile Property Fund Ltd 15% 17 179 853 0.13%

(a)(ii) Issuer market capitalisation of between R3 billion and R10 billion, or an amount or conditions as prescribed 25% 143 057 689 1.09%

Accelerate Property Fund Ltd 10% 1 067 926 0.01% Atlantic Leaf Properties Ltd 10% 1 404 543 0.01% Attacq Ltd 10% 14 953 149 0.11% Delta Property Fund Ltd 10% 126 677 0.00% EPP NV 10% 6 520 165 0.05% Equities Property Fund Ltd 10% 5 167 383 0.04% FORTRESS REIT LTD 10% 22 876 499 0.17% Hospitality Property Fund Ltd 10% 10 349 623 0.08% Hyprop Investments Ltd 10% 51 701 975 0.39% Investec Australia Property Fu 10% 2 241 724 0.02% Liberty Two Degrees Ltd 10% 13 672 835 0.10% Octodec Investments Ltd 10% 4 552 137 0.03% Stenprop Ltd 10% 3 050 345 0.02% Stor-Age Property REIT Limited 10% 5 372 708 0.04%

(a)(iii) Issuer market capitalisation of less than R3 billion or an amount or conditions as prescribed 25% 30 157 263 0.23%

Arrowhead Properties Ltd 5% 3 217 293 0.02% Capital & Counties Properties 5% 13 957 020 0.11% Dipula Income Fund Ltd 5% 8 253 045 0.06% Fairvest Property Holdings Ltd 5% 1 736 031 0.01% Indluplace Properties Ltd 5% 955 384 0.01% Rebosis Property Fund Ltd 5% 1 536 744 0.01% Texton Property Fund Ltd 5% 501 745 0.00%

42 (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

4.2 Foreign 25% 325 921 283 2.49% (a) Preference shares, ordinary shares and linked units comprising shares linked to debentures in property companies, or units in a Collective 25% 320 511 783 2.45% 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% 114 194 546 0.87%

Annaly Capital Management Inc 15% 28 456 0.00% Aroundtown SA 15% 2 116 290 0.02% Ascendas Real Estate Investmen 15% 13 976 0.00% AvalonBay Communities Inc 15% 2 991 066 0.02% Boston Properties Inc 15% 7 280 509 0.06% British Land Co PLC 15% 17 787 0.00% Camden Property Trust 15% 2 986 876 0.02% CapitaLand Commercial Trust 15% 7 099 0.00% CapitaLand Mall Trust 15% 12 099 0.00% CyrusOne Inc 15% 1 973 267 0.02% Dexus Property Group 15% 7 191 647 0.05% DIGITAL REALTY TRUST INC 15% 56 511 0.00% DUKE REALTY CORP 15% 2 991 153 0.02% EXTRA SPACE STORAGE INC 15% 4 138 016 0.03% Federal Realty Investment Trus 15% 7 064 703 0.05% GPT Group 15% 25 499 0.00% HEALTHPEAK PROPERTIES INC 15% 15 352 443 0.12% Host Hotels & Resorts 15% 6 119 011 0.05% Iron Mountain Inc 15% 18 711 0.00% Japan Prime Realty Investment 15% 8 028 0.00% LIBERTY PROPERTY TRUST 15% 29 706 0.00% MIRVAC GROUP 15% 786 156 0.01% National Retail Properties Inc 15% 1 268 338 0.01% NIPPON PROLOGIS REIT INC 15% 2 350 979 0.02% PROLOGIS INC 15% 21 881 815 0.17% REGENCY CENTERS CORP 15% 4 771 914 0.04% Riocan Real Estate Investment Trust 15% 2 004 023 0.02% SEGRO PLC 15% 7 912 422 0.06% Sun Communities Inc 15% 7 654 466 0.06% Swire Properties Ltd 15% 2 595 349 0.02% Terreno Realty Corp 15% 2 510 827 0.02% WP Carey Inc 15% 35 404 0.00% (a)(ii) Issuer market capitalisation of between R3 billion and R10 billion, or an amount or conditions as prescribed 25% 603 355 0.00%

Cromwell European Real Estate 10% 562 651 0.00% LAND SECURITIES GROUP PLC 10% 23 871 0.00% Stockland Corp Ltd 10% 16 833 0.00% (a)(iii) Issuer market capitalisation of less than R3 billion or an amount or conditions as prescribed 25% 205 713 881 1.57%

Aedas Homes SAU 5% 1 247 395 0.01% Aedifica SA 5% 1 495 422 0.01% AGNC Investment Corp 5% 18 496 0.00% AIMS APAC REIT 5% 1 074 015 0.01% Alexandria Real Estate Equitie 5% 13 939 981 0.11% Allied Properties REIT 5% 5 917 236 0.05%

43 American Homes 4 Rent 5% 5 207 983 0.04% AMERICAN TOWER CORP 5% 3 807 712 0.03% Assura PLC 5% 4 488 268 0.03% BRIXMOR PROPERTY GROUP INC 5% 461 306 0.00% Canadian Apartment Properties 5% 2 528 718 0.02% CARETRUST REIT INC 5% 4 527 973 0.03% Centuria Industrial REIT 5% 1 053 094 0.01% Centuria Metropolitan REIT 5% 1 078 142 0.01% CORESITE REALTY CORP 5% 3 001 928 0.02% Cromwell Property Group 5% 307 707 0.00% Crown Castle International Corp 5% 134 667 0.00% Daiwa House Residential Invest 5% 12 080 0.00% Derwent London Plc 5% 3 435 105 0.03% Douglas Emmett Inc 5% 1 341 003 0.01% Empire State Realty Trust Inc 5% 1 871 362 0.01% EPR Properties 5% 3 078 233 0.02% Equinix Inc 5% 7 870 933 0.06% Equity Commonwealth 5% 1 045 632 0.01% EQUITY LIFESTYLE PROPERTIES INC 5% 3 390 166 0.03% Equity Residential 5% 15 294 371 0.12% ESR Cayman Ltd 5% 2 687 918 0.02% Essex Property Trust Inc 5% 3 503 521 0.03% Fabege AB 5% 1 539 278 0.01% Fonciere des Regions 5% 764 955 0.01% GECINA SA 5% 942 423 0.01% GLP J-Reit 5% 1 374 152 0.01% GODEWIND IMMOBILIEN AG 5% 1 090 097 0.01% GOODMAN GROUP 5% 1 434 117 0.01% Healthcare Realty Trust Inc 5% 3 148 133 0.02% Healthcare Trust of America In 5% 4 366 154 0.03% HIGHWOODS PROPERTIES 5% 943 459 0.01% Hudson Pacific Properties Inc 5% 2 451 699 0.02% HULIC REIT INC 5% 3 434 405 0.03% ICADE 5% 9 144 0.00% Ichigo Real Estate Investment 5% 1 485 309 0.01% INMOBILIARIA COLONIAL SA 5% 2 957 775 0.02% Japan Hotel REIT Investment Co 5% 719 090 0.01% JAPAN REAL ESTATE INVESTMENT 5% 2 165 157 0.02% JAPAN RETAIL FUND INVESTMENT 5% 1 045 820 0.01% JBG SMITH Properties 5% 2 213 326 0.02% Kenedix Office Investment Corp 5% 3 360 500 0.03% KILROY REALTY CORP 5% 3 644 049 0.03% KIMCO REALTY CORP 5% 17 845 0.00% Klepierre SA 5% 17 399 0.00% Link REIT 5% 9 693 442 0.07% MCUBS MidCity Investment Corp 5% 1 274 462 0.01% Medical Properties Trust 5% 13 985 0.00% Mid-America Apartment Communit 5% 4 746 856 0.04% Nippon Accommodations Fund Inc 5% 187 288 0.00% NIPPON BUILDING FUND INC 5% 2 242 539 0.02% NOMURA REAL ESTATE INC 5% 24 493 0.00% Omega Healthcare Investors Inc 5% 21 085 0.00% Orix JREIT Inc 5% 12 695 0.00% Public Storage 5% 74 337 0.00% Realty Income Corp 5% 54 144 0.00% Rexford Industrial Realty Inc 5% 5 618 011 0.04% SBA Communications Corp 5% 578 587 0.00% Scentre Group 5% 1 143 579 0.01%

44 Shaftesbury PLC 5% 343 434 0.00% Simon Property Group Inc 5% 10 749 749 0.08% SL Green Realty 5% 20 629 0.00% Smart Real Estate Investment T 5% 2 548 0.00% Spirit Realty Capital Inc 5% 4 901 900 0.04% STAG Industrial Inc 5% 2 694 314 0.02% STORE CAPITAL CORP 5% 2 929 769 0.02% SUMITO REALTY & DEVELOPMENT 5% 3 905 724 0.03% Suntec REIT 5% 8 454 0.00% Tokyu REIT Inc 5% 857 851 0.01% UDR INC 5% 6 226 122 0.05% UNIBAIL RODAMCO 5% 4 734 032 0.04% Ventas Inc 5% 607 466 0.00% VEREIT INC 5% 4 864 179 0.04% VICI Properties Inc 5% 4 162 359 0.03% VORNADO REALTY TRUST 5% 23 881 0.00% Weyerhaeuser Co 5% 51 315 0.00%

(b) Immovable property, preference and ordinary shares in property companies, and linked units comprising shares linked to debentures in 15% 5 409 500 0.04% property companies, not listed on an exchange

First Capital Real Estate Inve 5% 890 324 0.01% Great Portland Estates PLC 5% 2 188 632 0.02% H&R Real Estate Investment Trust 5% 13 274 0.00% InterRent Real Estate Investme 5% 1 518 608 0.01% Irish Residential Properties R 5% 784 616 0.01% VICINITY CENTRES 5% 14 046 0.00%

5 COMMODITIES 10% 4 380 096 0.03% 5.1 Inside the Republic 4 380 096 0.03%

(a) Kruger Rands and other commodities on an exchange, including exchange traded commodities 10% 4 380 096 0.03%

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

(a)(ii) Other commodities 5% 4 380 096 0.03% 5% 4 380 096 0.03%

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

45 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% 2.5%

TOTAL ASSETS - REGULATION 28 (D above) 12 833 769 533 100.00%

INVESTMENT SUMMARY (REGULATION 28)

Percentage Foreign Percentage of Percentage Local Africa Total of Fair value (Excluding Africa) Fair value of Fair value

R% R % R%R 1 Balances or deposits, money market instruments issued by a bank 457 352 646.41 3.49% 124 384 659.55 0.95% (44 165.07) 0.00% 581 693 140.89 including Islamic liquidity management financial instruments 2 Debt instruments including Islamic 2 878 861 920.61 21.99% 6 419 613.12 0.05% 2 885 281 533.72 debt instruments 3 Equities 4 568 603 539.22 34.89% 3 834 424 268.17 29.28% 119 626 863.77 0.91% 8 522 654 671.15

4 Immovable property 513 838 808.03 3.92% 325 921 283.26 2.49% 839 760 091.28

5 Commodities 4 380 095.57 0.03% 4 380 095.57 46 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 8 423 037 009.83 64.33% 4 291 149 824.09 32.77% 119 582 698.70 0.91% 12 833 769 532.62 assets)

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

Total (Inside & Percentage of Fair value Regulation 28 Foreign) limits R% Asset Limits in terms of sub regulation 3(f) Other debt instruments not listed 184 738 739 1.41% Equities not listed 140 556 515 1.07% Immovable properties not listed 5 409 500 0.04% Hedge funds , Private Equity funds and other assets

TOTAL 330 704 754 2.53% 35% Asset Limits in terms of sub regulation 3(g) Equities not listed 140 556 515 1.07% Private Equity funds

TOTAL 140 556 515 1.07% 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) Foreign (excluding Africa) 4 291 149 824 32.77% 30% Africa 119 582 699 0.91% 10% TOTAL 4 410 732 523 33.69% 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.