Important Disclosures

IMPORTANT DISCLOSURES

As of December 5th 2016, SG or its affiliates managed or co-managed in the past 12 months a public offering of securities of:

Abbott Laboratories ABT.N AbbVie ABBV.N Abertis ABE.MC Adani Transmission Ltd ADAI.NS Adecco ADEN.S Aegon AEGN.AS AES Corporation AES.N African Development Bank nocode788 Agence Francaise de Developpement nocode746 AIG AIG.N Air France-KLM AIRF.PA Air Liquide AIRP.PA AkzoNobel AKZO.AS Alcatel-Lucent ALUA.PA Alstom ALSO.PA Alstria Office REIT-AG AOXG.DE Altarea Cogedim IMAF.PA America Movil SAB de CV AMXL.MX American Honda Finance Corp nocode104 American Tower Corporation AMT.N Amorim Energia nocode029 Anadarko Petroleum Corp APC.N Anheuser-Busch InBev ABI.BR Apollo Global Management LLC APO.N ArcelorMittal ISPA.AS Aroundtown Property Holdings nocode722 ASIT Biotech ASIT.BR AT&T Inc T.N Atalian nocode600 Autoroutes Paris-Rhin-Rhone APRR.PA Aviva AV.L Axa AXAF.PA Bacardi nocode099 BAM GROEP BAMN.AS Banca MPS BMPS.MI Banca Popolare di Sondrio BPSI.MI

Banco de Sabadell SABE.MC Banco Popular POP.MC Bank Gospodarki Krajowej nocode118 Bank of America BAC.N Bank of China Ltd 601988.SS Bank of Montreal BMO.TO Bank Pocztowy nocode088 Bank Westfaelische Landschaft Bodenkreditbank nocode576 Banque Federative du Credit Mutuel (BFCM) nocode415 Banque PSA nocode60 Barclays BARC.L Barry Callebaut AG BARN.S Bayerische Landesbank Girozentrale BLGGgi.f BBVA BBVA.MC Belfius nocode032 BioMérieux BIOX.PA BiSoho S.A.S. nocode249 Blackstone BX.N BMW BMWG.DE Boeing BA.N Bouygues BOUY.PA BP BP.L BPCE BPCE.FR BPI France nocode047 Brisa Concessao Rodoviaria SA nocode546 Brookfield Finance Inc nocode549 Brooklyn Union Gas nocode273 BT Group BT.L Bunge Ltd BG.N Bureau Veritas BVI.PA BURGAN BANK BURG.KW Buwog AG BWOA.VI Cable Communications Systems N.V nocode790 Cablevision CVC.N CADES (Caisse d'amortissement de la dette sociale) nocode313 Caisse des depots et consignations nocode747 Caisse Française de Financement Local nocode084 Caixabank CABK.MC Carmila SAS nocode712 Carnival Corporation & Plc CCL.N Carrefour Banque nocode91 Casino CASP.PA Caterpillar Financial Services Corp nocode327

CBS Corporation CBS.N Cellnex CLNX.MC Cellnovo CLNV.PA CESKA TELEKOMUNIKACNI INFRASTRUKTURA (CETIN) nocode146 CESKE DRAHY nocode176 CGG GEPH.PA CHENIERE CORPUS CHRISTI HOLDINGS nocode962 Cheniere Energy, Inc. LNG.A Chevron CVX.N CHINA CONSTRUCTION BANK CORP 0939.HK China Development Bank nocode097 CHINA THREE GORGES CORPORATION (CTG) nocode263 Christian Dior DIOR.PA Citigroup C.N CLOSE BROTHERS GROUP PLC CBRO.L CNH Industrial CNHI.N Coca-Cola Hellenic CCH.L Cofinimmo COFB.BR Cofiroute (Vinci) COFI_SG Comcast CMCSA.OQ Concessioni Autostradali Venete nocode853 Constellium CSTM.N Council of Europe Development Bank nocode737 Covestro 1COV.DE Credit Agricole SFH nocode003 Credit Bank of Moscow CBOM.MM Credit Mutuel Nord Europe nocode0823 Credit Suisse CSGN.S Credito Emiliano EMBI.MI CRH PLC CRH.L CRITERIA CAIXAHOLDING nocode070 Crown Castle International CCI.N CSC Holdings LLC nocode764 Daimler DAIGn.DE Danone DANO.PA Danske Bank DANSKE.CO Dell Inc nocode221 Delphi Automotive PLC DLPH.N Deltacredit Bank nocode045 Deutsche Bahn DBB_SG Deutsche Bank AG DBKGn.DE DEUTSCHE ERDOL AG nocode414 Deutsche Telekom DTEGn.DE

Development Bank Of Singapore (DBS) DBSM.SI Dexia Credit Local DCL_SG Dia DIDA.MC Direct Energie SA DIREN.PA Dominion DOMI.MC DOMUSVI nocode231 DP World DPWD.L DVB Bank DVBG.F EasyJet EZJ.L EDF EDF.PA eDREAMS ODIGEO EDRE.MC EFSF nocode733 Eiffage FOUG.PA EMC Corp EMC.N Enagas ENAG.MC Enbridge ENB.TO Enel ENEI.MI Energias de Portugal EDP.LS ENTERPRISE PRODUCTS OPERATING LP nocode842 EOG Resources Inc EOG.N EP Energy EPE.N EP Holding nocode091 EP Infrastructure nocode092 ERAC USA Finance LLC nocode823 Eramet ERMT.PA Erste Group ERST.VI Euro Ressources EURR.PA EUROCLEAR nocode826 Euronext ENX.PA Europcar EUCAR.PA European Investment Bank nocode736 European Stability Mechanism nocode457 European Union nocode735 Eutelsat ETL.PA Evonik EVKn.DE Evraz Plc EVRE.L Exor EXOR.MI EXPORT IMPORT BANK OF KOREA (KEXIM) nocode040 ExxonMobil XOM.N FCA FCHA.MI Ferrari NV RACE.N Ferrovial FER.MC FMS Wertmanagement nocode739

Fnac FNAC.PA Foncière des Régions FDR.PA Fonterra FSF.NZ Ford Credit Europe Bank nocode897 Ford Motor Co F.N Galp Energia GALP.LS GE MONEY BANK FRANCE nocode697 Gecina GFCP.PA General Mills, Inc. GIS.N General Motors GM.N GeNeuro GNRO.PA Gestamp Automocion SL nocode025 Global Bioenergies ALGBE.PA Gran Tierra Energy GTE.A Great Western Petroleum LLC nocode0912 Groupe SEB SEBF.PA Grupa Lotos LTSP.WA GUANGXI COMMUNICATIONS INVESTMENT GROUP CORPORATION LTD nocode661 HAIKOU MEILAN INTERNATIONAL AIRPORT CO LTD nocode071 Havas HAVA.PA Heineken HEIN.AS Henkel HNKG_p.DE Honeywell International HON.N Hong Kong Airlines Ltd HKAL_CFT HSBC HSBA.L Hypo Tirol Bank AG nocode223 HYUNDAI CAPITAL AMERICA nocode141 Iamgold Corp IMG.TO IBM IBM.N Icade ICAD.PA IGD IGD.MI Iliad ILD.PA Illinois Tool Works Inc ITW.N Imerys IMTP.PA ING Bank NV INGNLECP Instituto de Credito Oficial nocode750 Integrated Dental Holdings nocode351 International Bank for Reconstruction and Development nocode762 Intesa Sanpaolo ISP.MI Intralot INLr.AT Inventiva nocode092916 Ipsen IPN.PA Isbank ISCTR.IS

JAB Holding BV nocode545 JCDecaux JCDX.PA JPMorgan Chase & Co. JPM.N KBC KBC.BR Keyspan Gas East Corp nocode341 KFW nocode455 Klepierre LOIM.PA Korea Development Bank nocode789 KOREA GAS CORPORATION 36460.KS KOREA NATIONAL OIL CORPORATION nocode065 KPN KPN.AS La Banque Postale RIC_LBP LA FRANCAISE DE L'ENERGIE LFDE_w.PA Lafarge LAFP.PA LafargeHolcim LHN.PA Lagardère LAGA.PA Landesbank Hessen Thueringen Girozentrale LHTGg.F Landwirtschaftliche Rentenbank nocode330 Lanxess LXSG.DE LB Baden Wurttemberg LBB_SG Leaseplan Corporation NV nocode128 Legrand LEGD.PA Liberty Interactive Corp QVCA.OQ Lloyds Banking Group LLOY.L MACQUARIE ATLAS ROADS MQA.AX Maisons du Monde MDM_w.PA MASSACHUSETTS ELECTRIC CO MSSEL.PK Match Group MTCH.OQ Mattel MAT.OQ McDonald's MCD.N MCS Groupe nocode367 Mediawan SA Nocode 0321 Mediobanca Spa MDBI.MI Merlin Properties MRL.MC Metrovacesa MVC.MC Mitsubishi UFJ Financial Group 8306.T MOL MOLB.BU Molmed MLMD.MI Mondelez International MDLZ.OQ Morgan Stanley MS.N Mubadala Development Company MBD_SG MUNICIPALITY FINANCE PLC nocode 208 National Grid NG.L

Nationwide Building Society POB_p.L Newfield Exploration NFX.N Nexity NEXI.PA NGL Energy Partners NGL.N Nissan Motor Co 7201.T Noble Group NOBG.SI Noble Midstream Partners nocode1673 Nokia NOKIA.HE Novartis AG NOVN.S Novelis Corporation nocode5893 Novolipetsk Steel NLMKq.L Nuova Banca delle Marche nocode452 Nuova Banca dell'Etruria e del Lazio nocode453 Nuova Cassa di Risparmio di Chieti nocode454 Nuova Cassa di Risparmio di Ferrara nocode458 Occidental Petroleum Corporation OXY.N OHL OHL.MC Omnicom Group Incorporated OMC.N OMV OMVV.VI Oracle ORCL.N Orbis ORBS.WA OTKRITIE FINANCIAL CORPORATION BANK nocode567 PEMEX PMX_SG PepsiCo PEP.N Pernod Ricard PERP.PA Peugeot Citroen PSA PEUP.PA Philip Morris International PM.N Philips Lighting LIGHT.AS PICC PROPERTY AND CASUALTY 2328.HK Pioneer Natural Resources PXD.N PKN ORLEN PKN.WA PKO BP HYPOTECZNY nocode875 Plains All American Pipeline PAA.N Pohjola POH1S.HE PPG Industries PPG.N Praxair Inc PX.N Publicis Groupe PUBP.PA RATP (REGIE AUTONOME DES TRANSPORTS PARISIENS) nocode344 RCI Banque nocode79 RCS&RDS nocode768 Redes Energeticas Nacionais RENE.LS RELX PLC REL.L Rémy Cointreau RCOP.PA

Rentenbank nocode740 Repsol REP.MC Rexel RXL.PA RFF nocode745 Royal Bank of Canada RY.TO Royal Bank of Scotland RBS.L RSA Insurance Group RSA.L RTE RTE_SG Sabine Pass Liquefacation CQP.A Saint-Gobain SGOB.PA Sanef SNF.PA Santander SAN.MC SCBC nocode120 Schlumberger SLB.N Schneider SCHN.PA SES SESFd.PA Severstal SVSTq.L SGL Carbon SGCG.DE Simon Property Group SPG.N Sinopec 0386 HK SNAM SRG.MI SNS BANK NV nocode119 Société Générale SOGN.PA Somfy DAMA.PA Southern California Gas SOCGM.PK Southwestern Energy SWN.N Sparebank 1 SR SRBANK.OL SPIE SPIE.PA Standard Chartered STAN.L Steinhoff International SNHG.DE Stentys STEN.PA Suez SEVI.PA Svenska Handelsbanken SHBa.ST Taqa TAQA.AD Tarkett TKTT.PA TDF nocode361 Technip TECF.PA Telecom Italia Spa TLIT.MI Telefonica SA TEF.MC Telxius nocode570 Tengizchevroil nocode562 Terna TRN.MI Thales TCFP.PA

THOM Europe SAS nocode073 Thomas Cook Group plc TCG.L ThyssenKrupp TKAG.DE Time Warner Inc. TWX.N TITAN CEMENT TTNr.AT Toronto-Dominion Bank TD.TO Toyota Motor Corp 7203.T Toyota Motor Credit Corporation nocode861 TUI TUIGn.DE Tullow Oil TLW.L UBI Banca UBI.MI UBS AG UBSG.S Unibail-Rodamco UNBP.AS UniCredit SpA CRDI.MI United Parcel Service UPS.N United States Steel X.N United Technologies UTX.N Vakifbank VAKBN.IS Vale VALE.N Valeo VLOF.PA Vallourec VLLP.PA Verallia nocode345 Viesgo nocode444 Vinci SGEF.PA Vivendi VIV.PA Vodafone VOD.L Volkswagen (Pref.) VOWG_p.DE Volvo VOLVb.ST Vonovia SE VNAn.DE Wabtec WAB.N Walgreens Boots Alliance Inc WBA.O Wendel MWDP.PA Western Gas Partners LP WES.N WOORI BANK nocode078 Xylem XYL.N Zhejiang Geely Holding Group Company Limited nocode827 Ziraat Bankasi nocode053