PORTFOLIO STRUCTURE OF EXPAT BUX UCITS ETF AS OF 30 DECEMBER 2020 ISIN Company Name Number of Market Weight in Weight in shares in Value in BUX Expat Expat EUR Hungary BUX Hungary BUX UCITS ETF UCITS ETF

HU0000061726 OTP Bank 3,989 132,341.86 39.69% 18.94% HU0000153937 MOL Hungarian Oil & Gas 24,304 136,122.52 26.60% 19.48% HU0000123096 Richter Gedeon 6,820 135,133.18 22.70% 19.34% HU0000073507 Telecom 28,100 30,320.11 5.58% 4.34% HU0000110226 Opus Global 16,300 10,652.42 1.62% 1.52% HU0000167788 4iG 3,500 6,044.39 0.78% 0.87% HU0000167986 Budapest Real Estate 7,600 5,643.10 0.00% 0.81% HU0000083696 Graphisoft Park 460 4,362.19 0.74% 0.62% Cash, cash equivalents, and receivables 238,040.01 0.00% 34.07% Total assets 698,659.77 97.71% 100.00% Liabilities 772.29 Net asset value 697,887.48 PORTFOLIO STRUCTURE OF EXPAT HUNGARY BUX UCITS ETF AS OF 30 DECEMBER 2020

Closing Number of Closing Price Price № Ticker Company Name ISIN Weight in BUX Shares or Sum in EUR in HUF calculated Cash in EUR 1 OTP OTP Bank HU0000061726 39.69% 11,840.000 32.926 97.000 3,193.860 2 MOL MOL Hungarian Oil & Gas HU0000153937 26.60% 1,999.000 5.559 386.000 2,145.816 3 RICHT Richter Gedeon HU0000123096 22.70% 6,975.000 19.397 94.000 1,823.327 4 MTELEKOM Magyar Telekom Telecom HU0000073507 5.58% 365.500 1.016 443.000 450.281 5 OPUS Opus Global HU0000110226 1.62% 220.000 0.612 213.000 130.315 6 4IG 4iG HU0000167788 0.78% 606.000 1.685 37.000 62.354 7 AKKO AKKO INVEST HU0000170824 0.32% 515.500 1.434 18.000 25.804 8 GSPARK Graphisoft Park HU0000083696 0.74% 3,420.000 9.511 6.000 57.065 9 PANNONIA CIG Pannonia Life Insurance HU0000170162 0.60% 354.000 0.984 49.000 48.238 10 ANY ANY Security Printing HU0000093257 0.46% 1,210.000 3.365 11.000 37.014 11 APPENINN Appeninn Holding HU0000102132 0.26% 291.000 0.809 25.000 20.231 12 PANNERGY PannErgy HU0000089867 0.30% 730.000 2.030 11.000 22.331 13 WABERERS Waberer's International HU0000120720 0.19% 1,070.000 2.976 5.000 14.878 14 AUTOWALL AutoWallis HU0000164504 0.22% 83.000 0.231 76.000 17.542 15 Cash 23.94 23.943 Sum in EUR 8,073.00

An additional cash amount for the coverage of the 2% entry charge upon the issuing of new units 161.00 Upon subscription of new 10 000 units, the number of shares in the table shall be regarded as maximum, and the cash amount as minimum, respectively. The procedure is thoroughly described in the Rules of the Fund.

Since the weights of the shares in the Index, the closing prices, and the amounts refer to the previous business day, and the subscription of new units is at closing prices from the current business day, the figures in this table shall be assumed approximate and will be fixed after the end of the current business day.