Equity Research

Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

1&1 (DE0005545503) 27/08/2021 15:29 EUR 27.10 EUR .00 No Opinion Target Price & Rating Gregoire Cayeux 23/02/2021 17:32 EUR 23.61 EUR 24.00 Reduce Target Price Torben BUMANN 09/02/2021 17:55 EUR 22.30 EUR 20.00 Reduce Rating Torben BUMANN 03/11/2020 11:08 EUR 18.80 EUR 20.00 Hold Target Price Torben BUMANN 19/05/2020 11:13 EUR 23.52 EUR 26.00 Hold Rating Torben BUMANN 26/03/2020 17:50 EUR 17.94 EUR 26.00 Buy - Torben BUMANN 3d Systems Corporation (US88554D2053) 12/08/2021 07:16 USD 33.84 USD 40.00 Buy Target Price & Rating Gregoire Cayeux 13/07/2021 05:59 USD 34.41 USD 25.00 Sell Rating Alexis TAY 17/05/2021 11:02 USD 22.33 USD 25.00 Buy Target Price Alexis TAY 05/03/2021 04:48 USD 27.49 USD 40.00 Buy Target Price & Rating Alexis TAY 10/11/2020 10:14 USD 6.87 USD 6.00 Reduce Rating Alexis TAY 23/10/2020 09:08 USD 8.23 USD 6.00 Sell Rating Alexis TAY 01/10/2020 12:37 USD 4.79 USD 6.00 Buy - Alexis TAY 3m Company (US88579Y1010) 17/07/2021 09:49 USD 199.37 USD 224.00 Buy Target Price Gregoire Cayeux 28/04/2021 15:28 USD 194.45 USD 212.00 Buy Target Price Bruno Villeroil 27/01/2021 12:24 USD 175.95 USD 202.00 Buy Target Price Bruno Villeroil 28/10/2020 12:37 USD 161.03 USD 186.00 Buy Target Price Bruno Villeroil 01/10/2020 12:52 USD 162.34 USD 177.00 Buy Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 1 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

3m Company (US88579Y1010) 30/07/2020 16:00 USD 156.25 USD 166.00 Buy Target Price Bruno Villeroil 08/04/2020 12:47 USD 144.60 USD 170.00 Buy - Bruno Villeroil A-Living Services Co., Ltd (CNE100002RY5) 14/04/2021 04:18 HKD 35.40 HKD 40.00 Buy Target Price Tony Lau 13/01/2021 09:08 HKD 36.35 HKD 44.50 Buy - Tony Lau Aac Technologies (KYG2953R1149) 25/08/2020 09:24 HKD 53.00 HKD 60.00 Buy Target Price Tony Lau 21/05/2020 11:03 HKD 43.85 HKD 50.00 Buy Target Price Tony Lau 05/05/2020 09:00 HKD 35.85 HKD 43.00 Buy Target Price Tony Lau 03/04/2020 10:55 HKD 39.95 HKD 48.00 Buy - Tony Lau Abb (CH0012221716) 22/09/2021 16:40 CHF 32.18 CHF 37.00 Buy Target Price & Rating Bruno Villeroil 23/07/2021 16:10 CHF 33.15 CHF 34.00 Hold Target Price Bruno Villeroil 14/07/2021 21:26 CHF 32.82 CHF 33.00 Hold Target Price Riadh Hendaoui 28/04/2021 16:39 CHF 30.17 CHF 32.00 Hold Target Price & Rating Bruno Villeroil 14/04/2021 12:14 CHF 29.33 CHF 29.00 Reduce Target Price & Rating Bruno Villeroil 05/02/2021 16:21 CHF 26.09 CHF 27.00 Hold Target Price Bruno Villeroil 23/07/2020 16:25 CHF 24.00 CHF 25.50 Hold Target Price Bruno Villeroil 15/07/2020 11:05 CHF 23.04 CHF 23.50 Hold Target Price Riadh Hendaoui 26/06/2020 20:35 CHF 20.83 CHF 22.00 Hold Target Price Bruno Villeroil 01/05/2020 19:01 CHF 18.32 CHF 20.00 Hold Rating Bruno Villeroil 01/04/2020 20:42 CHF 17.00 CHF 20.00 Buy - Bruno Villeroil

Date of publication: 23 September 2021 Page 2 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Abbott Laboratories (US0028241000) 23/07/2021 17:34 USD 118.25 USD 134.00 Buy Target Price Bruno Villeroil 02/06/2021 09:50 USD 105.79 USD 125.00 Buy Target Price Mehdi Slimani 29/01/2021 18:12 USD 120.39 USD 133.00 Buy Target Price Mehdi Slimani 01/10/2020 10:38 USD 108.83 USD 122.00 Buy Target Price & Rating Godfrey OYENIRAN 01/09/2020 10:07 USD 109.47 USD 82.00 Sell Target Price Gregoire Cayeux 17/07/2020 15:33 USD 96.40 USD 80.00 Sell Target Price Mehdi Slimani 18/04/2020 10:31 USD 96.01 USD 75.00 Sell - Gregoire Cayeux Abbvie Inc. (US00287Y1091) 03/08/2021 10:29 USD 115.45 USD 125.00 Buy Target Price & Rating Mehdi Slimani 13/05/2021 16:56 USD 114.96 USD 115.00 Hold Target Price Gregoire Cayeux 06/05/2021 11:00 USD 115.78 USD 112.00 Hold Target Price Mehdi Slimani 06/05/2021 10:06 USD 115.78 USD 115.00 Hold Rating Mehdi Slimani 03/05/2021 09:50 USD 111.50 USD 115.00 Buy Target Price Mehdi Slimani 04/02/2021 09:43 USD 106.95 USD 112.00 Buy Target Price Mehdi Slimani 31/10/2020 13:31 USD 85.10 USD 94.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:16 USD 87.59 USD 95.00 Buy Target Price & Rating Godfrey OYENIRAN 13/07/2020 10:30 USD 96.83 USD 97.00 Hold Rating Mehdi Slimani 04/04/2020 12:10 USD 73.37 USD 97.00 Buy - Gregoire Cayeux Abiomed, Inc. (US0036541003) 12/06/2021 10:43 USD 299.19 No Opinion Target Price & Rating Gregoire Cayeux 30/04/2021 21:04 USD 322.94 USD 352.00 Buy Target Price & Rating Mehdi Slimani 29/01/2021 09:42 USD 355.13 USD 340.00 Hold Target Price Mehdi Slimani 03/11/2020 10:20 USD 254.85 USD 262.00 Hold Rating Mehdi Slimani 02/11/2020 18:50 USD 251.88 USD 262.00 Buy Target Price & Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 3 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Abiomed, Inc. (US0036541003) 01/10/2020 10:19 USD 277.06 USD 254.00 Reduce - Godfrey OYENIRAN Abn Amro Bank Nv (NL0011540547) 12/08/2021 14:17 EUR 11.57 EUR 14.50 Buy Target Price Gregoire Cayeux 13/05/2021 17:44 EUR 10.35 EUR 12.90 Buy Target Price Gregoire Cayeux 20/04/2021 14:13 EUR 10.93 EUR 13.50 Buy Target Price Riadh Hendaoui 01/04/2021 18:22 EUR 10.36 EUR 13.20 Buy Target Price Riadh Hendaoui 03/03/2021 22:09 EUR 9.69 EUR 10.90 Buy Target Price Riadh Hendaoui 11/02/2021 17:36 EUR 8.42 EUR 10.00 Buy Target Price & Rating Riadh Hendaoui 21/01/2021 13:37 EUR 8.59 EUR 9.70 Hold Target Price Riadh Hendaoui 01/12/2020 13:32 EUR 8.65 EUR 10.20 Hold Target Price & Rating Gregoire Cayeux 12/11/2020 16:39 EUR 8.22 EUR 9.90 Buy Target Price Riadh Hendaoui 01/09/2020 19:51 EUR 7.98 EUR 10.80 Buy Target Price Gregoire Cayeux 08/07/2020 17:45 EUR 8.24 EUR 9.70 Buy Target Price Riadh Hendaoui 15/05/2020 11:10 EUR 6.05 EUR 10.40 Buy Target Price Riadh Hendaoui 30/03/2020 22:28 EUR 8.15 EUR 10.90 Buy - Riadh Hendaoui Accenture Plc (IE00B4BNMY34) 05/07/2021 04:28 USD 294.66 USD 321.00 Buy Target Price Alexis TAY 19/03/2021 11:03 USD 266.89 USD 299.00 Buy Target Price Alexis TAY 07/01/2021 02:30 USD 266.25 USD 284.00 Buy Target Price & Rating Alexis TAY 11/12/2020 02:55 USD 246.77 USD 238.00 Hold Rating Alexis TAY 01/10/2020 12:37 USD 214.63 USD 238.00 Buy Target Price & Rating Alexis TAY 26/06/2020 15:29 USD 217.32 USD 187.00 Reduce - Riadh Hendaoui

Date of publication: 23 September 2021 Page 4 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Acciona (ES0125220311) 22/02/2021 12:52 EUR 144.20 EUR 120.00 Sell Target Price Gregoire Cayeux 08/01/2021 20:21 EUR 126.10 EUR 100.00 Sell Target Price & Rating Gregoire Cayeux 09/11/2020 14:51 EUR 89.75 EUR 81.00 Reduce Target Price Mehdi Slimani 31/07/2020 13:21 EUR 95.30 EUR 82.00 Reduce Target Price Mehdi Slimani 11/05/2020 13:14 EUR 87.25 EUR 80.00 Reduce Target Price Mehdi Slimani 14/04/2020 17:14 EUR 97.25 EUR 84.00 Reduce - Gregoire Cayeux Accor (FR0000120404) 27/05/2021 11:21 EUR 32.41 Conflict of Interest Target Price & Rating Gregoire Cayeux 30/03/2021 13:36 EUR 31.99 EUR 35.00 Hold Target Price Gregoire Cayeux 28/01/2021 14:21 EUR 27.74 EUR 27.50 Hold Target Price & Rating Gregoire Cayeux 30/11/2020 13:27 EUR 28.75 Conflict of Interest Target Price & Rating Gregoire Cayeux 02/10/2020 13:15 EUR 23.40 EUR 22.00 Reduce - Gregoire Cayeux Acer (TW0002353000) 15/05/2020 11:18 TWD 16.15 TWD 17.00 Hold - Tony Lau Acerinox (ES0132105018) 11/08/2021 12:44 EUR 11.32 EUR 14.70 Buy - Gregoire Cayeux Ackermans & Van Haaren (BE0003764785) 07/07/2021 11:41 EUR 145.00 EUR 156.00 Hold Target Price & Rating Gregoire Cayeux 26/02/2021 11:23 EUR 130.20 EUR 124.00 Reduce Rating Gregoire Cayeux 13/08/2020 10:53 EUR 115.50 EUR 124.00 Hold - Patrick Casselman Acs (ES0167050915) 06/08/2021 15:24 EUR 22.86 EUR 31.30 Buy Target Price Gregoire Cayeux 03/05/2021 16:44 EUR 27.13 EUR 34.70 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 5 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Acs (ES0167050915) 03/03/2021 16:43 EUR 26.45 EUR 38.40 Buy Target Price Bruno Villeroil 16/10/2020 19:52 EUR 23.35 EUR 40.00 Buy Target Price Bruno Villeroil 05/10/2020 21:55 EUR 23.42 EUR 40.30 Buy Target Price & Rating Bruno Villeroil 28/09/2020 18:08 EUR 18.99 EUR 20.00 Hold - Bruno Villeroil Activision Blizzard, Inc. (US00507V1098) 05/08/2021 13:04 USD 81.52 USD 101.00 Buy Target Price Gregoire Cayeux 08/06/2021 12:15 USD 97.12 USD 121.00 Buy Target Price Alexis TAY 11/02/2021 08:39 USD 101.19 USD 117.00 Buy Target Price Alexis TAY 10/11/2020 10:13 USD 75.41 USD 109.00 Buy Target Price Alexis TAY 01/10/2020 12:24 USD 82.65 USD 99.00 Buy Target Price & Rating Alexis TAY 06/08/2020 10:03 USD 84.32 USD 66.00 Sell Rating Gregoire Cayeux 07/05/2020 11:40 USD 72.87 USD 66.00 Reduce Rating Mehdi Slimani 28/03/2020 11:48 USD 56.96 USD 66.00 Buy - Gregoire Cayeux Adaro Energy (ID1000111305) 04/05/2021 08:23 IDR 1245.00 IDR 1410.00 Buy Target Price Maggie Yeo 18/02/2021 03:29 IDR 1180.00 IDR 1790.00 Buy Target Price Maggie Yeo 25/09/2020 06:41 IDR 1160.00 IDR 1390.00 Buy Target Price & Rating Maggie Yeo 30/07/2020 05:48 IDR 1085.00 IDR 1000.00 Hold Target Price Maggie Yeo 14/05/2020 07:46 IDR 1000.00 IDR 1040.00 Hold - Maggie Yeo Adecco R (CH0012138605) 06/08/2021 13:27 CHF 52.96 CHF 55.00 Hold Target Price Gregoire Cayeux 17/04/2021 15:24 CHF 65.16 CHF 65.00 Hold Target Price Gregoire Cayeux 18/01/2021 19:16 CHF 59.00 CHF 60.00 Hold Target Price & Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 6 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Adecco R (CH0012138605) 05/11/2020 18:17 CHF 48.15 CHF 41.00 Reduce Target Price & Rating Bruno Villeroil 10/07/2020 19:10 CHF 44.48 CHF 37.00 Sell Rating Gregoire Cayeux 08/05/2020 10:02 CHF 40.98 CHF 37.00 Reduce Target Price Gregoire Cayeux 06/04/2020 13:41 CHF 35.37 CHF 35.00 Reduce - Gregoire Cayeux Adidas (DE000A1EWWW0) 09/08/2021 14:18 EUR 310.55 EUR 330.00 Hold Target Price & Rating Gregoire Cayeux 14/01/2021 17:07 EUR 286.80 EUR 325.00 Buy Target Price & Rating Gregoire Cayeux 11/11/2020 18:12 EUR 281.50 EUR 270.00 Reduce Target Price Gregoire Cayeux 05/10/2020 23:25 EUR 276.90 EUR 260.00 Reduce Target Price Gregoire Cayeux 22/09/2020 09:35 EUR 271.20 EUR 255.00 Reduce Target Price & Rating Gregoire Cayeux 07/08/2020 13:10 EUR 244.30 EUR 245.00 Hold Rating Gregoire Cayeux 21/04/2020 13:32 EUR 221.60 EUR 245.00 Buy - Gregoire Cayeux Adobe Inc. (US00724F1012) 23/06/2021 05:06 USD 567.35 USD 666.00 Buy Target Price Alexis TAY 08/04/2021 11:56 USD 469.32 USD 590.00 Buy Target Price Alexis TAY 16/12/2020 11:14 USD 482.64 USD 601.00 Buy Target Price & Rating Alexis TAY 01/10/2020 12:01 USD 470.39 USD 462.00 Hold Target Price & Rating Alexis TAY 17/09/2020 12:35 USD 476.00 USD 400.00 Sell Target Price & Rating Riadh Hendaoui 14/06/2020 07:03 USD 406.54 USD 350.00 Reduce - Riadh Hendaoui Advanced Info Service (TH0268010Z03) 11/05/2020 11:07 THB 193.50 THB 237.00 Buy - Maggie Yeo Advanced Micro Devices, Inc. (US0079031078) 30/07/2021 06:33 USD 97.93 USD 110.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 7 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Advanced Micro Devices, Inc. (US0079031078) 29/10/2020 04:54 USD 78.88 USD 100.00 Buy Target Price Alexis TAY 01/10/2020 12:01 USD 77.70 USD 90.00 Buy Target Price & Rating Alexis TAY 30/07/2020 14:52 USD 76.09 USD 31.00 Sell Target Price Riadh Hendaoui 01/05/2020 00:41 USD 53.66 USD 25.00 Sell - Riadh Hendaoui Advantech (TW0002395001) 07/06/2021 11:55 TWD 324.50 No Opinion Target Price & Rating Tony Lau 15/05/2020 10:42 TWD 283.00 TWD 255.00 Hold - Tony Lau Advantest (JP3122400009) 10/08/2021 08:28 JPY 10190.00 JPY 14000.00 Buy Target Price Maggie Yeo 16/04/2021 10:15 JPY 10770.00 JPY 12650.00 Buy Target Price Maggie Yeo 02/02/2021 03:44 JPY 8450.00 JPY 10500.00 Buy Target Price Maggie Yeo 21/12/2020 10:59 JPY 7160.00 JPY 8850.00 Buy Target Price Maggie Yeo 11/11/2020 03:46 JPY 6480.00 JPY 7800.00 Buy Target Price Maggie Yeo 02/11/2020 10:28 JPY 6030.00 JPY 6850.00 Buy Target Price Maggie Yeo 25/09/2020 06:33 JPY 5220.00 JPY 6560.00 Buy Target Price Maggie Yeo 03/08/2020 09:27 JPY 5700.00 JPY 7500.00 Buy Target Price Maggie Yeo 02/07/2020 07:47 JPY 6240.00 JPY 7350.00 Buy Target Price & Rating Maggie Yeo 27/04/2020 10:07 JPY 4780.00 JPY 4535.00 Hold Rating Maggie Yeo 23/04/2020 12:29 JPY 5100.00 JPY 4535.00 Reduce - Maggie Yeo Adyen Nv (NL0012969182) 09/09/2021 14:09 EUR 2613.00 EUR 3600.00 Buy Target Price & Rating Riadh Hendaoui 16/06/2021 10:58 EUR 1898.20 EUR 1850.00 Reduce - Riadh Hendaoui

Date of publication: 23 September 2021 Page 8 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Aedifica (BE0003851681) 28/06/2021 12:40 EUR 114.40 EUR 126.00 Hold Target Price & Rating Gregoire Cayeux 09/06/2021 13:42 EUR 108.00 Conflict of Interest Target Price & Rating Gregoire Cayeux 25/02/2021 12:54 EUR 105.40 EUR 125.00 Buy Target Price Gregoire Cayeux 18/12/2020 15:31 EUR 97.30 EUR 127.00 Buy Target Price Gregoire Cayeux 16/11/2020 11:10 EUR 95.90 EUR 125.00 Buy Target Price Gregoire Cayeux 14/11/2020 12:42 EUR 95.90 EUR 132.00 Buy Target Price & Rating Gregoire Cayeux 14/10/2020 09:44 EUR 97.00 Conflict of Interest Target Price & Rating Gregoire Cayeux 11/05/2020 17:36 EUR 90.80 EUR 132.00 Buy - Patrick Casselman Aegon (NL0000303709) 16/08/2021 10:12 EUR 4.24 EUR 4.60 Hold Target Price Gregoire Cayeux 30/04/2021 16:20 EUR 3.88 EUR 4.20 Hold Target Price & Rating Riadh Hendaoui 11/02/2021 12:36 EUR 3.64 EUR 2.90 Sell Target Price & Rating Riadh Hendaoui 31/08/2020 12:36 EUR 2.39 EUR 2.80 Buy Target Price Gregoire Cayeux 24/07/2020 22:19 EUR 2.71 EUR 3.50 Buy Target Price Riadh Hendaoui 29/05/2020 18:14 EUR 2.52 EUR 4.10 Buy Target Price Gregoire Cayeux 20/04/2020 15:21 EUR 2.23 EUR 4.50 Buy - Gregoire Cayeux Aena (ES0105046009) 15/07/2021 14:18 EUR 133.60 EUR 138.00 Hold Rating Riadh Hendaoui 30/04/2021 20:00 EUR 142.85 EUR 138.00 Reduce Target Price Gregoire Cayeux 29/04/2021 12:25 EUR 140.45 EUR 136.00 Reduce Rating Gregoire Cayeux 27/04/2021 10:35 EUR 136.90 EUR 136.00 Hold Target Price Gregoire Cayeux 25/03/2021 16:23 EUR 136.90 EUR 138.00 Hold Rating Bruno Villeroil 27/02/2021 18:51 EUR 140.90 EUR 138.00 Reduce Target Price Bruno Villeroil 24/02/2021 11:49 EUR 141.50 EUR 140.00 Reduce Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 9 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Aena (ES0105046009) 26/01/2021 16:50 EUR 128.70 EUR 140.00 Hold Rating Bruno Villeroil 24/03/2020 20:20 EUR 102.15 EUR 140.00 Buy - Bruno Villeroil Agc (JP3112000009) 06/09/2021 08:40 JPY 5450.00 JPY 6500.00 Buy Target Price Maggie Yeo 16/04/2021 10:29 JPY 5030.00 JPY 6000.00 Buy Target Price & Rating Maggie Yeo 07/04/2021 09:00 JPY 4585.00 JPY 5000.00 Hold Target Price Maggie Yeo 27/11/2020 02:09 JPY 3545.00 JPY 3500.00 Hold Target Price Maggie Yeo 18/06/2020 05:36 JPY 3290.00 JPY 3100.00 Hold Target Price & Rating Maggie Yeo 19/05/2020 08:25 JPY 2673.00 JPY 2400.00 Reduce Rating Maggie Yeo 07/04/2020 07:50 JPY 2417.00 JPY 2400.00 Hold - Maggie Yeo Agile (KYG011981035) 21/09/2021 11:08 HKD 6.50 HKD 6.50 Hold Target Price Maggie Yeo 28/07/2021 08:36 HKD 8.84 HKD 9.00 Hold Target Price & Rating Maggie Yeo 12/01/2021 08:56 HKD 10.20 HKD 12.55 Buy Target Price & Rating Maggie Yeo 07/10/2020 08:19 HKD 10.90 Conflict of Interest Target Price & Rating Maggie Yeo 24/08/2020 10:13 HKD 10.54 HKD 12.55 Buy Target Price Maggie Yeo 25/03/2020 08:42 HKD 7.65 HKD 12.00 Buy Target Price Alexis TAY 24/03/2020 04:44 HKD 10.52 HKD 22.03 Buy - Alexis TAY Agilent Technologies, Inc. (US00846U1016) 06/09/2021 17:48 USD 179.28 USD 192.00 Buy Target Price Gregoire Cayeux 19/08/2021 10:15 USD 163.02 USD 177.00 Buy Target Price & Rating Mehdi Slimani 27/05/2021 21:18 USD 133.29 USD 137.00 Hold Target Price & Rating Mehdi Slimani 18/03/2021 21:47 USD 122.52 USD 128.00 Buy Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 10 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Agilent Technologies, Inc. (US00846U1016) 18/02/2021 11:58 USD 130.12 USD 128.00 Hold Target Price Gregoire Cayeux 01/02/2021 09:18 USD 121.56 USD 124.00 Hold Target Price & Rating Gregoire Cayeux 22/01/2021 09:54 USD 127.35 USD 138.00 Buy Target Price & Rating Alexis TAY 27/11/2020 16:46 USD 114.35 USD 110.00 Hold Target Price Gregoire Cayeux 01/10/2020 13:21 USD 98.62 USD 98.00 Hold - Godfrey OYENIRAN Agnico Eagle Mines Limited (CA0084741085) 30/07/2021 15:45 CAD 80.60 CAD 110.00 Buy Target Price Bruno Villeroil 01/10/2020 12:54 USD 74.71 USD 125.00 Buy - Maggie Yeo Agricultural Bank Of China (CNE100000Q43) 31/08/2020 10:48 HKD 2.68 HKD 2.85 Hold Target Price Tony Lau 06/04/2020 09:17 HKD 3.05 HKD 3.30 Hold Target Price Tony Lau 01/04/2020 04:27 HKD 3.11 HKD 3.40 Hold - Tony Lau Agricultural Bank Of China (A-Share) (CNE100000RJ0) 02/03/2021 12:31 CNY 3.25 CNY 2.90 Sell Target Price Tony Lau 28/05/2020 09:08 CNY 3.40 CNY 2.60 Sell - Tony Lau Ahold Delhaize (NL0011794037) 16/08/2021 13:58 EUR 27.80 EUR 26.00 Reduce Target Price & Rating Gregoire Cayeux 18/05/2021 13:56 EUR 23.97 EUR 25.00 Hold Target Price Gregoire Cayeux 13/04/2021 15:20 EUR 23.63 EUR 24.00 Hold Target Price Gregoire Cayeux 21/01/2021 10:33 EUR 23.54 EUR 23.50 Hold Target Price Gregoire Cayeux 06/11/2020 11:10 EUR 23.89 EUR 24.00 Hold Target Price Gregoire Cayeux 05/08/2020 23:28 EUR 24.99 EUR 25.00 Hold Target Price & Rating Gregoire Cayeux 06/07/2020 15:50 EUR 23.87 EUR 22.00 Reduce Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 11 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ahold Delhaize (NL0011794037) 29/05/2020 13:44 EUR 22.68 EUR 21.00 Reduce Target Price Gregoire Cayeux 18/04/2020 17:06 EUR 22.31 EUR 22.00 Reduce - Gregoire Cayeux Aia Group (HK0000069689) 05/03/2021 07:35 HKD 99.85 HKD 120.00 Buy Target Price & Rating Tony Lau 21/12/2020 04:48 HKD 89.50 HKD 100.00 Hold Target Price & Rating Tony Lau 15/05/2020 05:23 HKD 67.15 HKD 89.00 Buy - Tony Lau Air China (CNE1000001S0) 23/12/2020 04:02 HKD 5.93 HKD 7.25 Buy Target Price & Rating Tony Lau 09/06/2020 10:22 HKD 5.40 Conflict of Interest Target Price & Rating Tony Lau 08/06/2020 08:39 HKD 5.41 HKD 7.00 Buy - Tony Lau Air -Klm (FR0000031122) 16/04/2021 20:41 EUR 4.87 EUR 5.00 Hold Target Price Bruno Villeroil 12/11/2020 22:07 EUR 3.96 EUR 4.00 Hold Target Price & Rating Gregoire Cayeux 07/10/2020 16:18 EUR 3.13 EUR 3.00 Reduce Target Price Bruno Villeroil 16/07/2020 16:10 EUR 4.36 EUR 4.00 Reduce Target Price & Rating Riadh Hendaoui 18/04/2020 15:07 EUR 4.75 EUR 5.00 Hold - Gregoire Cayeux Air Liquide (FR0000120073) 02/08/2021 16:18 EUR 146.58 EUR 147.00 Hold Target Price Bruno Villeroil 28/10/2020 15:58 EUR 129.75 EUR 141.00 Hold Target Price Bruno Villeroil 15/10/2020 16:41 EUR 134.90 EUR 138.00 Hold Rating Bruno Villeroil 31/07/2020 22:39 EUR 139.70 EUR 138.00 Reduce Target Price Bruno Villeroil 15/07/2020 19:38 EUR 135.95 EUR 133.00 Reduce Target Price & Rating Riadh Hendaoui 06/04/2020 19:22 EUR 115.20 EUR 119.00 Hold - Bruno Villeroil

Date of publication: 23 September 2021 Page 12 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Air Products And Chemicals, Inc. (US0091581068) 13/05/2021 17:25 USD 293.16 USD 341.00 Buy Target Price Gregoire Cayeux 08/02/2021 12:29 USD 253.15 USD 320.00 Buy Target Price Bruno Villeroil 01/10/2020 12:55 USD 289.99 USD 326.00 Buy Target Price Maggie Yeo 27/07/2020 11:36 USD 291.52 USD 305.00 Buy Target Price & Rating Bruno Villeroil 09/07/2020 12:34 USD 269.79 USD 246.00 Reduce Target Price & Rating Bruno Villeroil 25/04/2020 15:45 USD 216.78 USD 227.00 Buy Target Price Gregoire Cayeux 21/04/2020 09:57 USD 214.37 USD 225.00 Buy - Gregoire Cayeux Airasia Group (MYL5099OO006) 07/07/2020 09:39 MYR .90 MYR .55 Sell - Maggie Yeo Airbnb, Inc. (US0090661010) 16/05/2021 21:50 USD 141.20 USD 215.00 Buy Target Price & Rating Gregoire Cayeux 03/03/2021 18:18 USD 180.40 Conflict of Interest Target Price & Rating Gregoire Cayeux 23/02/2021 07:51 USD 195.34 USD 235.00 Buy - Gregoire Cayeux Airbus (NL0000235190) 07/09/2021 19:03 EUR 115.88 EUR 150.00 Buy Target Price Bruno Villeroil 03/06/2021 15:54 EUR 110.70 EUR 140.00 Buy Target Price Bruno Villeroil 04/05/2021 15:48 EUR 99.91 EUR 115.00 Buy Target Price & Rating Bruno Villeroil 24/02/2021 15:58 EUR 98.95 EUR 104.00 Hold Target Price Bruno Villeroil 27/01/2021 16:29 EUR 85.29 EUR 92.00 Hold Target Price & Rating Bruno Villeroil 30/10/2020 16:33 EUR 61.50 EUR 76.00 Buy Target Price Bruno Villeroil 21/07/2020 16:38 EUR 65.71 EUR 82.00 Buy Target Price Bruno Villeroil 18/06/2020 16:29 EUR 69.75 EUR 80.00 Buy Target Price Bruno Villeroil 28/04/2020 16:41 EUR 51.07 EUR 88.00 Buy - Bruno Villeroil

Date of publication: 23 September 2021 Page 13 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Airports Of Thailand (TH0765010Z08) 17/02/2021 04:08 THB 63.25 THB 71.50 Buy Target Price & Rating Maggie Yeo 27/11/2020 02:02 THB 67.25 THB 72.00 Hold Target Price & Rating Maggie Yeo 18/09/2020 04:47 THB 60.25 THB 69.00 Buy Target Price Maggie Yeo 03/08/2020 10:54 THB 52.25 THB 60.00 Buy Rating Maggie Yeo 22/06/2020 05:27 THB 61.50 THB 60.00 Hold Target Price Maggie Yeo 27/04/2020 10:04 THB 58.75 THB 57.00 Hold - Maggie Yeo Airtac (KYG014081064) 29/04/2021 11:25 TWD 1195.00 No Opinion - Tony Lau Aker Asa (NO0010234552) 18/08/2021 10:14 NOK 625.50 NOK 772.00 Buy Target Price Gregoire Cayeux 01/07/2021 18:46 NOK 635.00 NOK 786.00 Buy Target Price Riadh Hendaoui 23/02/2021 10:51 NOK 707.50 NOK 862.00 Buy Target Price Gregoire Cayeux 22/01/2021 11:50 NOK 721.00 NOK 833.00 Buy Target Price Riadh Hendaoui 11/05/2020 15:34 NOK 293.00 NOK 440.00 Buy - Riadh Hendaoui Aker Bp (NO0010345853) 07/05/2020 22:08 NOK 167.65 NOK 280.00 Buy - Mehdi Slimani Aker Solutions (NO0010716582) 19/07/2021 15:15 NOK 15.50 NOK 14.00 Reduce Target Price Riadh Hendaoui 12/05/2021 21:02 NOK 14.58 NOK 13.00 Reduce Target Price & Rating Mehdi Slimani 17/02/2021 15:50 NOK 14.50 NOK 12.00 Sell Target Price & Rating Mehdi Slimani 31/10/2020 14:48 NOK 9.21 NOK 11.00 Buy Target Price Gregoire Cayeux 13/10/2020 20:26 NOK 9.86 NOK 12.00 Buy Target Price Mehdi Slimani 20/08/2020 09:36 NOK 11.19 NOK 14.50 Buy Target Price Mehdi Slimani

Date of publication: 23 September 2021 Page 14 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Aker Solutions (NO0010716582) 21/07/2020 16:02 NOK 14.60 NOK 22.00 Buy Target Price Mehdi Slimani 16/07/2020 13:52 NOK 9.60 NOK 12.50 Buy - Mehdi Slimani Akzonobel (NL0013267909) 22/07/2021 16:01 EUR 100.75 EUR 112.00 Buy Target Price Bruno Villeroil 22/04/2021 01:34 EUR 100.65 EUR 115.00 Buy Target Price Bruno Villeroil 18/02/2021 16:01 EUR 85.90 EUR 106.00 Buy Target Price Bruno Villeroil 22/10/2020 15:49 EUR 88.60 EUR 105.00 Buy Target Price Bruno Villeroil 29/09/2020 19:18 EUR 85.40 EUR 104.00 Buy Target Price Bruno Villeroil 23/07/2020 16:34 EUR 83.56 EUR 96.00 Buy Target Price Bruno Villeroil 15/07/2020 15:53 EUR 83.24 EUR 94.00 Buy Target Price Mehdi Slimani 23/04/2020 16:18 EUR 67.04 EUR 83.00 Buy Target Price Bruno Villeroil 07/04/2020 11:57 EUR 60.32 EUR 81.00 Buy - Bruno Villeroil Albemarle Corporation (US0126531013) 14/09/2021 11:35 USD 229.13 USD 280.00 Buy Target Price Bruno Villeroil 09/09/2021 08:23 USD 239.28 USD 265.00 Buy Target Price & Rating Gregoire Cayeux 17/08/2021 07:41 USD 225.90 USD 230.00 Hold Rating Gregoire Cayeux 06/08/2021 09:15 USD 218.62 USD 230.00 Buy Target Price Gregoire Cayeux 02/07/2021 11:47 USD 172.03 USD 195.00 Buy Target Price Bruno Villeroil 07/05/2021 13:09 USD 152.85 USD 175.00 Buy Target Price & Rating Gregoire Cayeux 19/02/2021 08:24 USD 141.46 USD 166.00 Hold Target Price Gregoire Cayeux 08/01/2021 12:40 USD 184.00 USD 186.00 Hold Target Price & Rating Bruno Villeroil 06/11/2020 12:03 USD 105.50 USD 86.00 Sell Rating Bruno Villeroil 16/10/2020 11:59 USD 94.35 USD 86.00 Reduce Rating Bruno Villeroil 01/10/2020 12:14 USD 89.28 USD 86.00 Hold Target Price & Rating Maggie Yeo

Date of publication: 23 September 2021 Page 15 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Albemarle Corporation (US0126531013) 21/04/2020 09:16 USD 60.00 USD 125.00 Buy - Gregoire Cayeux Alcoa Corporation (US0138721065) 03/09/2021 12:07 USD 46.91 USD 52.00 Buy Target Price Bruno Villeroil 19/07/2021 11:50 USD 32.95 USD 40.00 Buy Target Price & Rating Riadh Hendaoui 17/04/2021 12:24 USD 35.63 USD 36.00 Hold Target Price Gregoire Cayeux 22/01/2021 12:54 USD 20.01 USD 24.00 Hold Target Price Bruno Villeroil 19/10/2020 11:59 USD 12.62 USD 13.00 Hold Target Price & Rating Bruno Villeroil 01/10/2020 12:56 USD 12.21 USD 10.00 Sell - Maggie Yeo Alcon (CH0432492467) 14/09/2021 19:53 CHF 77.82 CHF 64.00 Sell Rating Mehdi Slimani 24/08/2021 11:07 CHF 74.24 CHF 64.00 Reduce Target Price & Rating Mehdi Slimani 12/11/2020 11:28 CHF 60.88 CHF 48.00 Sell Rating Mehdi Slimani 21/08/2020 10:14 CHF 53.28 CHF 48.00 Reduce Target Price Mehdi Slimani 06/05/2020 17:28 CHF 50.58 CHF 50.00 Reduce - Mehdi Slimani Alexion Pharmaceuticals, Inc. (US0153511094) 01/07/2021 11:46 USD 183.71 No Opinion Target Price & Rating Gregoire Cayeux 13/05/2021 10:27 USD 171.99 USD 173.00 Hold Target Price Gregoire Cayeux 06/05/2021 11:03 USD 169.91 USD 172.00 Hold Target Price Mehdi Slimani 03/05/2021 09:44 USD 168.68 USD 173.00 Hold Target Price & Rating Mehdi Slimani 06/02/2021 09:30 USD 153.92 USD 172.00 Buy Target Price Gregoire Cayeux 15/12/2020 08:42 USD 156.31 USD 175.00 Buy Target Price Gregoire Cayeux 30/10/2020 09:27 USD 118.21 USD 162.00 Buy Target Price Mehdi Slimani 01/10/2020 10:20 USD 114.43 USD 159.00 Buy - Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 16 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Alfen (NL0012817175) 16/06/2021 19:47 EUR 72.50 EUR 74.00 Hold - Gregoire Cayeux Alibaba Group Holding (KYG017191142) 05/08/2021 04:29 HKD 193.50 HKD 260.00 Buy Target Price Alexis TAY 30/07/2021 06:16 HKD 183.20 HKD 270.00 Buy Target Price Alexis TAY 17/05/2021 10:42 HKD 204.60 HKD 290.00 Buy Target Price Alexis TAY 04/11/2020 09:01 HKD 299.80 HKD 330.00 Buy Target Price & Rating Alexis TAY 21/10/2020 04:45 HKD 300.20 Conflict of Interest Target Price & Rating Alexis TAY 21/08/2020 08:16 HKD 255.00 HKD 310.00 Buy Target Price Alexis TAY 09/07/2020 07:59 HKD 237.80 HKD 300.00 Buy Target Price Alexis TAY 26/05/2020 07:03 HKD 198.20 HKD 252.00 Buy - Alexis TAY Alibaba Group Holding (US01609W1027) 05/08/2021 04:27 USD 197.38 USD 270.00 Buy Target Price Alexis TAY 30/07/2021 06:14 USD 196,01 USD 280.00 Buy Target Price Alexis TAY 17/05/2021 10:40 USD 209.51 USD 300.00 Buy Target Price Alexis TAY 04/11/2020 08:58 USD 285.57 USD 340.00 Buy Target Price & Rating Alexis TAY 21/10/2020 04:44 USD 307.97 Conflict of Interest Target Price & Rating Alexis TAY 21/08/2020 08:11 USD 257.97 USD 320.00 Buy Target Price Alexis TAY 09/07/2020 07:58 USD 257.68 USD 310.00 Buy Target Price Alexis TAY 26/05/2020 07:18 USD 199.70 USD 260.00 Buy - Alexis TAY Alibaba Health Information Technology (BMG0171K1018) 25/08/2021 09:26 HKD 11.26 HKD 15.00 Buy Target Price Tony Lau 04/06/2021 11:39 HKD 19.58 HKD 25.00 Buy Target Price Tony Lau 02/06/2021 11:21 HKD 19.72 HKD 26.80 Buy Target Price Tony Lau

Date of publication: 23 September 2021 Page 17 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Alibaba Health Information Technology (BMG0171K1018) 24/03/2021 07:56 HKD 22.85 HKD 30.00 Buy Target Price & Rating Tony Lau 17/02/2021 09:40 HKD 28.90 HKD 33.00 Hold Target Price & Rating Tony Lau 11/12/2020 11:01 HKD 25.40 HKD 30.00 Buy Target Price Tony Lau 03/09/2020 11:52 HKD 19.70 HKD 24.00 Buy - Alexis TAY Align Technology, Inc. (US0162551016) 30/07/2021 11:10 USD 676.98 USD 512.00 Sell Target Price Riadh Hendaoui 02/05/2021 10:47 USD 595.53 USD 485.00 Sell Target Price Gregoire Cayeux 05/02/2021 20:15 USD 615.16 USD 468.00 Sell Target Price Gregoire Cayeux 09/01/2021 09:47 USD 570.53 USD 405.00 Sell Target Price Gregoire Cayeux 11/11/2020 13:02 USD 464.32 USD 319.00 Sell Target Price Gregoire Cayeux 01/10/2020 10:22 USD 327.36 USD 228.00 Sell Target Price Godfrey OYENIRAN 01/05/2020 19:35 USD 214.85 USD 175.00 Sell Rating Gregoire Cayeux 03/04/2020 16:44 USD 152.07 USD 175.00 Hold - Gregoire Cayeux Allianz (DE0008404005) 12/08/2021 10:02 EUR 201.70 EUR 240.00 Buy Target Price Torben BUMANN 13/05/2021 12:55 EUR 213.50 EUR 250.00 Buy Target Price Gregoire Cayeux 29/03/2021 13:49 EUR 213.25 EUR 245.00 Buy Target Price & Rating Riadh Hendaoui 26/03/2021 12:11 EUR 212.35 EUR 220.00 Hold Rating Riadh Hendaoui 19/02/2021 16:33 EUR 194.86 EUR 220.00 Buy Target Price Riadh Hendaoui 20/04/2020 17:45 EUR 163.90 EUR 194.00 Buy - Gregoire Cayeux Almancora Cva (BE0003867844) 01/02/2021 17:41 EUR 33.20 No Opinion Target Price & Rating Gregoire Cayeux 31/08/2020 20:00 EUR 31.30 EUR 41.10 Buy Target Price Rudy De Groodt

Date of publication: 23 September 2021 Page 18 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Almancora Cva (BE0003867844) 06/05/2020 12:55 EUR 31.36 EUR 40.50 Buy - Rudy De Groodt Almirall (ES0157097017) 11/08/2021 12:14 EUR 13.71 EUR 15.40 Hold - Gregoire Cayeux Alnylam Pharmaceuticals, Inc. (US02043Q1076) 04/08/2021 18:50 USD 178.81 USD 175.00 Hold Target Price & Rating Mehdi Slimani 01/04/2021 11:01 USD 141.19 USD 158.00 Buy Rating Mehdi Slimani 12/02/2021 18:23 USD 165.38 USD 158.00 Hold Target Price & Rating Mehdi Slimani 14/01/2021 10:45 USD 170.93 USD 156.00 Reduce Rating Mehdi Slimani 08/01/2021 19:35 USD 139.40 USD 156.00 Buy Target Price & Rating Gregoire Cayeux 01/10/2020 10:41 USD 145.60 USD 145.00 Hold - Godfrey OYENIRAN Alphabet Inc. (US02079K1079) 30/07/2021 06:37 USD 2727.63 USD 3200.00 Buy Target Price Alexis TAY 21/06/2021 14:32 USD 2511.35 USD 2830.00 Buy Target Price Gregoire Cayeux 15/04/2021 09:05 USD 2265.44 USD 2500.00 Buy Target Price Alexis TAY 04/08/2020 00:00 USD 1482.96 USD 1690.00 Buy Target Price & Rating Riadh Hendaoui 10/07/2020 11:36 USD 1510.99 USD 1520.00 Hold Target Price Mehdi Slimani 02/06/2020 10:06 USD 1431.82 USD 1400.00 Hold Rating Mehdi Slimani 01/04/2020 13:47 USD 1162.81 USD 1400.00 Buy - Gregoire Cayeux Alphabet Inc. (US02079K3059) 30/07/2021 06:34 USD 2721.88 USD 3200.00 Buy Target Price Alexis TAY 21/06/2021 14:23 USD 2402.22 USD 2830.00 Buy Target Price Gregoire Cayeux 30/04/2021 08:11 USD 2359.04 USD 2880.00 Buy Target Price Alexis TAY 04/02/2021 10:11 USD 2058.88 USD 2500.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 19 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Alphabet Inc. (US02079K3059) 02/11/2020 09:04 USD 1616.11 USD 2100.00 Buy Target Price Alexis TAY 23/10/2020 07:52 USD 1606.66 USD 1930.00 Buy Target Price Alexis TAY 01/10/2020 12:02 USD 1459.82 USD 1865.00 Buy - Alexis TAY Alps Alpine (JP3126400005) 03/05/2021 10:08 JPY 1298.00 JPY 1500.00 Buy Target Price Maggie Yeo 02/11/2020 10:42 JPY 1493.00 JPY 1800.00 Buy Target Price Maggie Yeo 16/09/2020 07:59 JPY 1670.00 JPY 2100.00 Buy Target Price Maggie Yeo 08/06/2020 09:10 JPY 1467.00 JPY 1700.00 Buy Target Price Maggie Yeo 27/03/2020 08:16 JPY 1022.00 JPY 1300.00 Buy - Maggie Yeo Alstom (FR0010220475) 15/07/2021 10:55 EUR 36.08 EUR 47,00 Buy Target Price & Rating Riadh Hendaoui 01/06/2021 18:48 EUR 46.17 Conflict of Interest Target Price & Rating Gregoire Cayeux 19/05/2021 15:17 EUR 44.85 EUR 50.00 Buy Target Price & Rating Gregoire Cayeux 10/03/2021 18:24 EUR 42.86 Conflict of Interest Target Price & Rating Gregoire Cayeux 17/02/2021 16:10 EUR 42.09 EUR 51.00 Buy Target Price Bruno Villeroil 01/12/2020 14:43 EUR 44.70 EUR 52.00 Buy Target Price Gregoire Cayeux 12/11/2020 16:33 EUR 42.62 EUR 48.00 Buy Target Price & Rating Bruno Villeroil 15/10/2020 10:37 EUR 40.53 Conflict of Interest Target Price & Rating Gregoire Cayeux 21/07/2020 16:09 EUR 49.53 EUR 50.00 Hold Target Price & Rating Bruno Villeroil 15/07/2020 15:18 EUR 45.46 EUR 43.00 Reduce Target Price & Rating Mehdi Slimani 15/04/2020 19:26 EUR 38.70 EUR 41.00 Hold Target Price Gregoire Cayeux 01/04/2020 20:04 EUR 38.14 EUR 43.00 Hold - Bruno Villeroil

Date of publication: 23 September 2021 Page 20 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Alstria Office Reit (DE000A0LD2U1) 11/08/2021 11:06 EUR 17.92 EUR 14.85 Sell Rating Torben BUMANN 04/05/2021 11:24 EUR 15.01 EUR 14.85 Reduce Rating Torben BUMANN 13/01/2021 14:57 EUR 14.18 EUR 14.85 Hold Target Price & Rating Torben BUMANN 10/11/2020 08:26 EUR 12.85 EUR 13.25 Buy Target Price Torben BUMANN 05/11/2020 11:42 EUR 11.20 EUR 13.50 Buy Rating Torben BUMANN 11/08/2020 11:10 EUR 13.18 EUR 13.50 Hold Rating Torben BUMANN 12/06/2020 09:29 EUR 13.15 EUR 13.50 Reduce Rating Torben BUMANN 01/04/2020 15:38 EUR 13.04 EUR 13.50 Hold Target Price Torben BUMANN 31/03/2020 16:34 EUR 13.03 EUR 14.20 Hold - Gregoire Cayeux Amadeus (ES0109067019) 19/08/2021 09:02 EUR 50.86 EUR 51.00 Hold Rating Gregoire Cayeux 13/04/2021 20:26 EUR 58.58 EUR 51.00 Reduce Target Price Riadh Hendaoui 09/11/2020 17:26 EUR 47.39 EUR 46.00 Reduce Target Price & Rating Riadh Hendaoui 03/08/2020 22:49 EUR 42.36 EUR 52.00 Hold Rating Riadh Hendaoui 04/04/2020 08:26 EUR 42.00 EUR 52.00 Buy - Gregoire Cayeux Amazon.Com, Inc. (US0231351067) 01/05/2021 04:48 USD 3471.31 USD 4000.00 Buy Target Price Riadh Hendaoui 04/02/2021 10:11 USD 3312.53 USD 3800.00 Buy Target Price Alexis TAY 01/10/2020 10:21 USD 3128.99 USD 3600.00 Buy Target Price & Rating Timothy FUNG 28/08/2020 09:28 USD 3400.00 USD 3500.00 Hold Rating Gregoire Cayeux 03/08/2020 23:50 USD 3164.68 USD 3500.00 Buy Target Price & Rating Riadh Hendaoui 09/07/2020 09:28 USD 3081.11 USD 2750.00 Reduce Target Price & Rating Gregoire Cayeux 08/05/2020 14:13 USD 2367.61 USD 2500.00 Buy Target Price Gregoire Cayeux 04/05/2020 12:39 USD 2286.04 USD 2400.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 21 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ambarella, Inc. (KYG037AX1015) 08/09/2021 15:34 USD 136.42 USD 140.00 Hold Target Price & Rating Gregoire Cayeux 12/06/2021 09:16 USD 101.12 USD 120.00 Buy - Gregoire Cayeux Ambev Sa (US02319V1035) 03/08/2020 12:42 USD 2.68 No Opinion Target Price & Rating Gregoire Cayeux 18/04/2020 09:54 USD 2.22 USD 3.40 Buy - Gregoire Cayeux American Airlines Group Inc. (US02376R1023) 22/10/2020 18:56 USD 13.15 Conflict of Interest Target Price & Rating Gregoire Cayeux 01/10/2020 12:57 USD 11.93 USD 8.00 Sell - Maggie Yeo American Electric Power Company, Inc. (US0255371017) 23/04/2021 08:40 USD 87.95 USD 93.00 Hold Target Price Gregoire Cayeux 11/03/2021 08:30 USD 81.20 USD 83.00 Hold Rating Gregoire Cayeux 26/02/2021 08:24 USD 76.30 USD 83.00 Buy Target Price Gregoire Cayeux 23/10/2020 08:47 USD 92.20 USD 98.00 Buy Target Price Gregoire Cayeux 01/10/2020 09:25 USD 81.73 USD 92.00 Buy Target Price Tony Lau 25/08/2020 11:14 USD 80.78 USD 86.00 Buy Rating Mehdi Slimani 07/08/2020 16:36 USD 85.37 USD 86.00 Hold Target Price Riadh Hendaoui 29/05/2020 09:52 USD 85.10 USD 83.00 Hold Rating Mehdi Slimani 07/05/2020 11:16 USD 78.82 USD 83.00 Buy Rating Mehdi Slimani 27/03/2020 10:54 USD 81.80 USD 83.00 Hold - Mehdi Slimani American Express Company (US0258161092) 29/07/2021 08:11 USD 172.61 USD 188.00 Buy Target Price & Rating Godfrey OYENIRAN 14/07/2021 09:08 USD 172.62 USD 150.00 Reduce Rating Godfrey OYENIRAN 27/04/2021 12:19 USD 150.34 USD 150.00 Buy Target Price & Rating Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 22 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

American Express Company (US0258161092) 14/04/2021 05:21 USD 147.57 USD 117.00 Sell Rating Godfrey OYENIRAN 16/02/2021 03:36 USD 129.62 USD 117.00 Reduce Rating Godfrey OYENIRAN 29/01/2021 10:55 USD 116.15 USD 117.00 Hold Target Price & Rating Godfrey OYENIRAN 12/01/2021 11:13 USD 121.06 USD 102.00 Sell Rating Godfrey OYENIRAN 13/11/2020 07:32 USD 111.10 USD 102.00 Reduce Rating Godfrey OYENIRAN 09/10/2020 07:09 USD 106.06 USD 102.00 Hold Rating CFRA Research 01/10/2020 12:55 USD 98.48 USD 102.00 Buy Target Price Godfrey OYENIRAN 30/07/2020 15:01 USD 96.69 USD 108.00 Buy Target Price Riadh Hendaoui 27/07/2020 17:19 USD 95.33 USD 115.00 Buy Rating Riadh Hendaoui 12/06/2020 14:53 USD 98.60 USD 115.00 Hold Target Price & Rating Riadh Hendaoui 28/04/2020 09:56 USD 85.06 USD 125.00 Buy - Riadh Hendaoui American International Group, Inc. (US0268747849) 09/08/2021 09:26 USD 50.95 USD 60.00 Buy Target Price Godfrey OYENIRAN 11/05/2021 10:24 USD 51.92 USD 58.00 Buy Target Price Godfrey OYENIRAN 12/04/2021 08:12 USD 46.06 USD 55.00 Buy Target Price & Rating Godfrey OYENIRAN 09/03/2021 03:23 USD 46.97 USD 48.00 Hold Rating Godfrey OYENIRAN 18/01/2021 09:06 USD 41.35 USD 48.00 Buy Target Price Godfrey OYENIRAN 12/11/2020 07:29 USD 37.35 USD 43.00 Buy Target Price Godfrey OYENIRAN 09/11/2020 02:01 USD 33.16 USD 40.00 Buy Target Price Godfrey OYENIRAN 29/10/2020 02:38 USD 31.16 USD 38.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 13:18 USD 27.34 USD 35.00 Buy Target Price Godfrey OYENIRAN 25/05/2020 04:52 USD 28.89 USD 59.00 Buy Target Price Riadh Hendaoui 24/03/2020 17:35 USD 19.30 USD 64.00 Buy - Riadh Hendaoui

Date of publication: 23 September 2021 Page 23 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

American Tower Corporation (Reit) (US03027X1000) 03/08/2021 09:57 USD 283.62 USD 300.00 Hold Target Price Gregoire Cayeux 11/05/2021 08:28 USD 247.49 USD 270.00 Hold Rating Gregoire Cayeux 01/10/2020 09:24 USD 241.73 USD 270.00 Buy Target Price & Rating Timothy FUNG 03/08/2020 17:11 USD 261.39 USD 190.00 Sell Target Price Riadh Hendaoui 30/04/2020 10:50 USD 236.81 USD 175.00 Sell - Gregoire Cayeux American Water Works Company, Inc. (US0304201033) 04/08/2021 10:53 USD 175.30 USD 192.00 Hold Target Price & Rating Gregoire Cayeux 05/05/2021 12:56 USD 155.29 USD 171.00 Buy Target Price & Rating Gregoire Cayeux 09/03/2021 16:11 USD 133.87 USD 148.00 Hold Target Price Gregoire Cayeux 07/11/2020 19:56 USD 161.13 USD 173.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 09:45 USD 144.88 USD 158.00 Buy - Tony Lau Amerisourcebergen Corporation (US03073E1055) 05/08/2021 15:40 USD 125.55 USD 138.00 Buy Target Price Mehdi Slimani 03/06/2021 09:29 USD 115.12 USD 128.00 Buy Target Price Gregoire Cayeux 05/02/2021 08:22 USD 111.92 USD 125.00 Buy Target Price Gregoire Cayeux 07/11/2020 18:07 USD 103.95 USD 120.00 Buy Target Price Gregoire Cayeux 01/10/2020 13:20 USD 95.26 USD 115.00 Buy - Godfrey OYENIRAN Ametek, Inc. (US0311001004) 04/08/2021 17:34 USD 138.77 USD 162.00 Buy Target Price Bruno Villeroil 06/05/2021 12:50 USD 136.88 USD 156.00 Buy Target Price Gregoire Cayeux 08/02/2021 16:39 USD 117.00 USD 132.00 Buy Target Price Bruno Villeroil 21/12/2020 12:56 USD 118.10 USD 130.00 Buy Target Price Bruno Villeroil 31/10/2020 14:31 USD 98.20 USD 111.00 Buy Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 24 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ametek, Inc. (US0311001004) 19/10/2020 12:50 USD 109.85 USD 108.00 Hold Rating Bruno Villeroil 01/10/2020 12:59 USD 95.32 USD 108.00 Buy - Maggie Yeo Amg Advanced Metallurgical Group Nv (NL0000888691) 12/05/2020 11:23 EUR 13.21 EUR 30.00 Buy - Patrick Casselman Amgen Inc. (US0311621009) 05/08/2021 10:02 USD 228.31 USD 276.00 Buy Target Price Mehdi Slimani 29/04/2021 21:43 USD 236.71 USD 270.00 Buy Target Price & Rating Mehdi Slimani 30/03/2021 11:20 USD 254.96 USD 262.00 Hold Rating Mehdi Slimani 04/02/2021 09:28 USD 237.08 USD 262.00 Buy Target Price Mehdi Slimani 31/10/2020 09:38 USD 216.94 USD 268.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:50 USD 254.16 USD 280.00 Buy Target Price & Rating Godfrey OYENIRAN 13/07/2020 09:15 USD 249.04 USD 219.00 Reduce Rating Mehdi Slimani 04/05/2020 09:14 USD 230.98 USD 219.00 Hold Rating Mehdi Slimani 04/04/2020 09:49 USD 205.41 USD 219.00 Buy - Gregoire Cayeux Ammb Holdings (MYL1015OO006) 07/04/2021 08:56 MYR 3.14 MYR 2.50 Sell Target Price & Rating Maggie Yeo 30/06/2020 14:18 MYR 3.08 MYR 2.85 Hold Rating Maggie Yeo 13/06/2020 16:10 MYR 3.30 MYR 2.85 Reduce - Maggie Yeo Amorepacific (KR7090430000) 30/04/2021 09:00 KRW 270000.00 No Opinion Target Price & Rating Tony Lau 01/04/2020 12:34 KRW 168500.00 KRW 115000.00 Sell - Tony Lau Ams (AT0000A18XM4) 05/08/2021 11:52 CHF 18.88 CHF 21.00 Hold Rating Torben BUMANN

Date of publication: 23 September 2021 Page 25 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ams (AT0000A18XM4) 02/08/2021 11:23 CHF 17.33 CHF 21.00 Buy Target Price Torben BUMANN 07/05/2021 11:48 CHF 17.82 CHF 22.00 Buy Target Price Torben BUMANN 10/02/2021 11:24 CHF 22.92 CHF 28.00 Buy Rating Torben BUMANN 09/02/2021 17:38 CHF 24.66 CHF 28.00 Hold Rating Torben BUMANN 10/11/2020 08:23 CHF 22.24 CHF 28.00 Buy Target Price Torben BUMANN 30/07/2020 16:55 CHF 15.97 CHF 27.00 Buy Target Price Riadh Hendaoui 16/07/2020 10:38 CHF 16.80 CHF 30.00 Buy Target Price Torben BUMANN 30/04/2020 11:38 CHF 13.31 CHF 37.00 Buy Target Price Torben BUMANN 01/04/2020 11:04 CHF 9.54 CHF 35.00 Buy Target Price Torben BUMANN 30/03/2020 15:21 CHF 9.35 CHF 70.00 Buy Target Price Gregoire Cayeux 26/03/2020 17:40 CHF 9.26 CHF 80.00 Buy - Torben BUMANN (FR0004125920) 02/08/2021 17:37 EUR 77.90 EUR 87.00 Hold Target Price & Rating Gregoire Cayeux 18/06/2021 20:09 EUR 75.90 EUR 86.00 Buy Target Price Gregoire Cayeux 30/04/2021 23:41 EUR 74.55 EUR 85.00 Buy Target Price Riadh Hendaoui 08/04/2021 20:39 EUR 72.40 EUR 83.00 Buy Target Price Riadh Hendaoui 11/02/2021 17:42 EUR 66.05 EUR 80.00 Buy Target Price Riadh Hendaoui 04/12/2020 13:44 EUR 66.75 EUR 78.00 Buy Target Price Gregoire Cayeux 02/11/2020 15:21 EUR 56.30 EUR 75.00 Buy Target Price Riadh Hendaoui 03/08/2020 20:50 EUR 64.30 EUR 76.00 Buy Target Price & Rating Riadh Hendaoui 30/06/2020 20:04 EUR 70.00 EUR 78.00 Hold Target Price & Rating Riadh Hendaoui 01/05/2020 19:12 EUR 60.60 EUR 73.00 Buy - Riadh Hendaoui Analog Devices, Inc. (US0326541051) 25/08/2021 10:51 USD 165.85 USD 183.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 26 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Analog Devices, Inc. (US0326541051) 30/07/2021 06:31 USD 164.04 USD 170.00 Buy Rating Alexis TAY 05/07/2021 04:31 USD 170.57 USD 170.00 Hold Rating Alexis TAY 22/02/2021 03:18 USD 163.80 USD 170.00 Buy Target Price & Rating Alexis TAY 11/12/2020 02:45 USD 137.75 USD 140.00 Hold Target Price Alexis TAY 29/10/2020 04:43 USD 123.98 USD 125.00 Hold Rating Alexis TAY 01/10/2020 12:02 USD 114.70 USD 125.00 Buy Target Price & Rating Alexis TAY 15/07/2020 12:46 USD 118.01 USD 106.00 Reduce Target Price Riadh Hendaoui 21/05/2020 18:52 USD 114.57 USD 103.00 Reduce - Gregoire Cayeux Angang Steel (CNE1000001V4) 24/03/2020 07:36 HKD 1.86 HKD 2.15 Hold - Tony Lau Anglo American (GB00B1XZS820) 04/06/2021 20:29 GBP 3201.00 GBP 4350.00 Buy Target Price Bruno Villeroil 15/03/2021 17:08 GBP 3017.50 GBP 4100.00 Buy Target Price Bruno Villeroil 15/12/2020 18:21 GBP 2405.00 GBP 3200.00 Buy Target Price Bruno Villeroil 11/09/2020 18:33 GBP 1862.60 GBP 2450.00 Buy Target Price Bruno Villeroil 05/06/2020 20:15 GBP 1780.40 GBP 2100.00 Buy Target Price Bruno Villeroil 14/04/2020 17:33 GBP 1462.60 GBP 1650.00 Buy Target Price Gregoire Cayeux 27/03/2020 16:42 GBP 1396.00 GBP 1670.00 Buy - Bruno Villeroil Anheuser-Busch Inbev (BE0974293251) 31/07/2021 09:40 EUR 53.40 EUR 62.00 Buy Target Price & Rating Gregoire Cayeux 15/06/2021 18:21 EUR 64.61 EUR 68.00 Hold Target Price Gregoire Cayeux 08/05/2021 09:51 EUR 61.74 EUR 64.00 Hold Target Price & Rating Gregoire Cayeux 13/04/2021 14:50 EUR 54.69 EUR 53.00 Reduce Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 27 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Anheuser-Busch Inbev (BE0974293251) 11/03/2021 13:42 EUR 53.14 EUR 54.00 Hold Target Price & Rating Gregoire Cayeux 27/02/2021 08:59 EUR 47.46 EUR 57.00 Buy Target Price & Rating Gregoire Cayeux 14/01/2021 18:43 EUR 56.48 EUR 62.00 Hold Target Price & Rating Gregoire Cayeux 30/10/2020 14:43 EUR 45.49 EUR 45.00 Reduce Target Price Gregoire Cayeux 04/08/2020 07:40 EUR 46.32 EUR 42.00 Reduce Target Price Riadh Hendaoui 01/07/2020 09:57 EUR 43.86 EUR 41.00 Reduce Target Price Gregoire Cayeux 08/05/2020 16:02 EUR 39.49 EUR 36.00 Reduce Rating Gregoire Cayeux 15/04/2020 16:38 EUR 43.61 EUR 36.00 Sell - Gregoire Cayeux Anhui Conch (A-Share) (CNE0000019V8) 28/07/2020 02:45 CNY 59.76 CNY 75.00 Buy - Tony Lau Anhui Conch Cement (CNE1000001W2) 29/04/2021 09:34 HKD 47.00 HKD 60.00 Buy Target Price Maggie Yeo 10/03/2021 09:44 HKD 50.10 HKD 65.00 Buy Target Price Maggie Yeo 05/11/2020 10:10 HKD 51.10 HKD 68.00 Buy Target Price Tony Lau 04/05/2020 08:44 HKD 61.00 HKD 70.00 Buy Target Price Tony Lau 24/03/2020 07:39 HKD 49.45 HKD 65.00 Buy - Tony Lau Anta Sports (KYG040111059) 15/07/2021 10:23 HKD 185.60 HKD 212.00 Buy Target Price Tony Lau 13/04/2021 11:46 HKD 134.20 HKD 155.00 Buy Target Price Tony Lau 27/08/2020 11:56 HKD 83.00 HKD 95.00 Buy Target Price Tony Lau 17/07/2020 11:13 HKD 68.50 HKD 91.00 Buy Target Price Tony Lau 03/04/2020 12:09 HKD 55.30 HKD 81.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 28 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Anthem, Inc. (US0367521038) 14/06/2021 18:49 USD 383.87 USD 397.00 Hold Target Price & Rating Mehdi Slimani 22/04/2021 20:50 USD 384.84 USD 410.00 Buy Target Price Mehdi Slimani 29/03/2021 15:35 USD 371.31 USD 388.00 Buy Target Price Mehdi Slimani 29/01/2021 18:17 USD 300.51 USD 340.00 Buy Target Price Mehdi Slimani 17/12/2020 19:50 USD 310.24 USD 335.00 Buy Target Price Gregoire Cayeux 29/10/2020 21:08 USD 285.80 USD 311.00 Buy Target Price Mehdi Slimani 01/10/2020 11:40 USD 245.73 USD 306.00 Buy Target Price Godfrey OYENIRAN 04/08/2020 21:42 USD 270.75 USD 370.00 Buy Target Price Gregoire Cayeux 09/04/2020 20:15 USD 247.02 USD 348.00 Buy - Gregoire Cayeux Antofagasta Plc (GB0000456144) 15/09/2021 22:39 GBP 1427.50 GBP 1530.00 Hold Rating Bruno Villeroil 05/06/2021 19:58 GBP 1565.50 GBP 1530.00 Reduce Target Price & Rating Bruno Villeroil 12/03/2021 15:56 GBP 1731.00 GBP 1800.00 Hold Target Price Bruno Villeroil 15/12/2020 19:55 GBP 1416.00 GBP 1450.00 Hold Target Price & Rating Bruno Villeroil 12/09/2020 20:46 GBP 1114.50 GBP 1090.00 Reduce Target Price Bruno Villeroil 08/06/2020 10:11 GBP 927.00 GBP 860.00 Reduce Target Price Bruno Villeroil 08/05/2020 19:28 GBP 805.80 GBP 800.00 Reduce Target Price & Rating Gregoire Cayeux 28/03/2020 14:53 GBP 742.00 GBP 630.00 Sell - Gregoire Cayeux Ap Moller-Maersk (DK0010244508) 11/08/2021 13:11 DKK 17910.00 DKK 21100.00 Buy Target Price Gregoire Cayeux 18/06/2021 16:11 DKK 17960.00 DKK 20500.00 Buy Target Price & Rating Bruno Villeroil 05/01/2021 10:58 DKK 13675.00 DKK 14700.00 Hold Target Price Gregoire Cayeux 03/11/2020 16:41 DKK 10390.00 DKK 11200.00 Hold Target Price Bruno Villeroil 02/09/2020 13:28 DKK 9664.00 DKK 10500.00 Hold Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 29 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ap Moller-Maersk (DK0010244508) 22/06/2020 16:00 DKK 8008.00 DKK 9750.00 Buy Target Price Bruno Villeroil 04/04/2020 10:46 DKK 5790.00 DKK 9250.00 Buy - Gregoire Cayeux Apple Inc. (US0378331005) 27/01/2021 02:49 USD 142.92 USD 160.00 Buy Target Price Alexis TAY 01/10/2020 12:02 USD 111.81 USD 145.00 Buy Target Price & Rating Alexis TAY 01/09/2020 10:25 USD 129.04 USD 71.00 Sell Target Price Gregoire Cayeux 02/08/2020 05:59 USD 425.04 USD 285.00 Sell Target Price Riadh Hendaoui 02/05/2020 14:55 USD 289.07 USD 240.00 Sell - Riadh Hendaoui Applied Materials, Inc. (US0382221051) 08/04/2021 12:02 USD 139.54 USD 150.00 Buy Target Price & Rating Alexis TAY 22/02/2021 03:17 USD 119.46 USD 120.00 Hold Target Price & Rating Alexis TAY 16/11/2020 03:11 USD 72.81 USD 80.00 Buy Target Price Alexis TAY 01/10/2020 12:03 USD 57.89 USD 70.00 Buy Target Price & Rating Alexis TAY 17/08/2020 10:57 USD 67.62 USD 65.00 Hold Rating Gregoire Cayeux 18/05/2020 01:51 USD 52.04 USD 65.00 Buy - Riadh Hendaoui Arcelormittal (LU1598757687) 09/09/2021 17:31 EUR 28.32 EUR 45.00 Buy Target Price Bruno Villeroil 20/07/2021 16:22 EUR 24.59 EUR 41.00 Buy Target Price Bruno Villeroil 29/06/2021 17:48 EUR 25.50 EUR 38.30 Buy Target Price Bruno Villeroil 19/04/2021 16:14 EUR 25.22 EUR 35.00 Buy Target Price Bruno Villeroil 19/01/2021 19:21 EUR 20.18 EUR 27.50 Buy Target Price Bruno Villeroil 06/11/2020 18:06 EUR 12.31 EUR 18.10 Buy Target Price Bruno Villeroil 01/10/2020 16:45 EUR 11.38 EUR 16.70 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 30 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Arcelormittal (LU1598757687) 03/08/2020 17:56 EUR 9.34 EUR 14.60 Buy Target Price Bruno Villeroil 18/07/2020 00:01 EUR 10.36 EUR 15.60 Buy Target Price & Rating Riadh Hendaoui 11/05/2020 15:45 EUR 8.63 Conflict of Interest Target Price & Rating Gregoire Cayeux 21/04/2020 14:51 EUR 8.84 EUR 15.20 Buy Target Price Gregoire Cayeux 31/03/2020 23:51 EUR 7.98 EUR 18.30 Buy - Bruno Villeroil Archer-Daniels-Midland Company (US0394831020) 28/07/2021 21:49 USD 58.85 USD 70.00 Buy Target Price Bruno Villeroil 28/04/2021 12:56 USD 61.82 USD 68.00 Buy Target Price & Rating Gregoire Cayeux 20/08/2020 18:12 USD 43.49 Conflict of Interest Target Price & Rating Gregoire Cayeux 04/08/2020 09:29 USD 42.93 USD 46.00 Buy Target Price Gregoire Cayeux 03/04/2020 17:28 USD 34.33 USD 45.00 Buy - Gregoire Cayeux Argenx (NL0010832176) 30/07/2021 00:38 EUR 256.60 EUR 220.00 Reduce Rating Riadh Hendaoui 22/07/2021 21:56 EUR 267.70 EUR 220.00 Sell Rating Bruno Villeroil 12/05/2021 17:08 EUR 212.00 EUR 220.00 Hold Rating Gregoire Cayeux 05/03/2021 11:55 EUR 253.00 EUR 220.00 Reduce Target Price & Rating Gregoire Cayeux 04/03/2021 10:49 EUR 269.00 EUR 225.00 Sell Rating Gregoire Cayeux 02/02/2021 12:08 EUR 263.00 EUR 225.00 Reduce Target Price Gregoire Cayeux 05/10/2020 15:10 EUR 227.60 EUR 200.00 Reduce Rating Gregoire Cayeux 31/07/2020 13:59 EUR 202.40 EUR 200.00 Hold Rating Patrick Casselman 04/06/2020 17:37 EUR 204.40 EUR 200.00 Reduce Target Price & Rating Patrick Casselman 02/05/2020 16:15 EUR 137.50 EUR 150.00 Hold - Patrick Casselman

Date of publication: 23 September 2021 Page 31 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Arkema (FR0010313833) 07/09/2021 13:38 EUR 114.30 EUR 146.00 Buy Target Price Gregoire Cayeux 30/07/2021 16:18 EUR 106.25 EUR 139.00 Buy Target Price Bruno Villeroil 16/07/2021 16:25 EUR 107.10 EUR 136.00 Buy Target Price Riadh Hendaoui 09/05/2021 12:06 EUR 108.65 EUR 130.00 Buy Target Price Gregoire Cayeux 26/04/2021 20:23 EUR 105.45 EUR 120.00 Buy Target Price Bruno Villeroil 26/02/2021 16:32 EUR 91.04 EUR 103.00 Buy Target Price Bruno Villeroil 06/11/2020 16:09 EUR 86.62 EUR 100.00 Buy Target Price & Rating Bruno Villeroil 13/10/2020 15:21 EUR 95.34 EUR 102.00 Hold Target Price & Rating Bruno Villeroil 03/08/2020 16:39 EUR 87.62 EUR 100.00 Buy Rating Bruno Villeroil 15/07/2020 22:30 EUR 90.84 EUR 100.00 Hold Target Price & Rating Riadh Hendaoui 04/04/2020 18:09 EUR 66.02 EUR 90.00 Buy - Gregoire Cayeux Aroundtown (LU1673108939) 06/09/2021 17:01 EUR 6.32 EUR 7.90 Buy - Torben BUMANN Ascencio (BE0003856730) 30/11/2020 12:15 EUR 47.15 EUR 53.00 Hold Target Price Gregoire Cayeux 16/06/2020 22:01 EUR 47.60 EUR 48.00 Hold - Patrick Casselman Ascendas Real Estate Investment Trust (SG1M77906915) 24/08/2021 02:51 SGD 3.09 SGD 3.50 Buy Target Price Maggie Yeo 23/07/2021 10:13 SGD 3.04 SGD 3.45 Buy - Maggie Yeo Ascott Residence Trust (SGXC16332337) 21/05/2021 05:14 SGD 1.01 SGD 1.15 Buy Target Price Maggie Yeo 17/02/2021 08:35 SGD 1.01 SGD 1.20 Buy Target Price Maggie Yeo 15/07/2020 05:39 SGD .96 SGD 1.10 Buy - Maggie Yeo

Date of publication: 23 September 2021 Page 32 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Asm International (NL0000334118) 07/09/2021 22:35 EUR 342.20 EUR 400.00 Buy Target Price & Rating Riadh Hendaoui 29/07/2021 15:10 EUR 297.80 EUR 270.00 Reduce Target Price Riadh Hendaoui 23/04/2021 00:04 EUR 251.30 EUR 230.00 Reduce Target Price & Rating Riadh Hendaoui 18/01/2021 15:33 EUR 209.90 EUR 210.00 Hold Target Price Riadh Hendaoui 30/10/2020 18:23 EUR 124.90 EUR 125.00 Hold Target Price & Rating Riadh Hendaoui 30/07/2020 18:32 EUR 129.00 EUR 120.00 Reduce Target Price Riadh Hendaoui 23/04/2020 21:57 EUR 105.90 EUR 100.00 Reduce Rating Riadh Hendaoui 09/04/2020 17:21 EUR 97.44 EUR 100.00 Hold - Riadh Hendaoui Asm Pacific Technology (KYG0535Q1331) 07/01/2021 09:02 HKD 96.55 HKD 120.00 Buy Target Price Tony Lau 30/10/2020 10:02 HKD 82.55 HKD 94.50 Buy Target Price & Rating Tony Lau 21/05/2020 12:00 HKD 76.25 HKD 85.00 Hold - Tony Lau Asml (NL0010273215) 07/09/2021 22:15 EUR 740.90 EUR 845.00 Buy Target Price Riadh Hendaoui 22/07/2021 14:25 EUR 599.10 EUR 720.00 Buy Target Price Riadh Hendaoui 22/04/2021 18:20 EUR 532.90 EUR 610.00 Buy Target Price Riadh Hendaoui 22/03/2021 15:15 EUR 464.65 EUR 600.00 Buy Target Price Riadh Hendaoui 22/01/2021 19:15 EUR 470.55 EUR 520.00 Buy Target Price Riadh Hendaoui 07/01/2021 15:08 EUR 402.85 EUR 470.00 Buy Target Price Riadh Hendaoui 15/10/2020 16:27 EUR 340.90 EUR 390.00 Buy Target Price Riadh Hendaoui 25/09/2020 13:31 EUR 308.15 EUR 360.00 Buy Rating Riadh Hendaoui 16/07/2020 13:19 EUR 330.70 EUR 360.00 Hold Target Price & Rating Riadh Hendaoui 09/04/2020 15:59 EUR 258.00 EUR 330.00 Buy - Riadh Hendaoui

Date of publication: 23 September 2021 Page 33 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Asos (GB0030927254) 09/09/2021 15:02 GBP 3350.00 GBP 4000.00 Buy Target Price Gregoire Cayeux 16/07/2021 14:27 GBP 3854.00 GBP 5650.00 Buy Target Price Riadh Hendaoui 15/07/2021 11:18 GBP 4707.00 GBP 6250.00 Buy Target Price Riadh Hendaoui 19/03/2021 21:47 GBP 5598.00 GBP 6400.00 Buy Target Price & Rating Gregoire Cayeux 12/02/2021 14:56 GBP 5062.00 GBP 5500.00 Hold Target Price Gregoire Cayeux 14/01/2021 18:10 GBP 5300.00 GBP 5400.00 Hold Target Price Gregoire Cayeux 05/01/2021 08:22 GBP 4811.00 GBP 5300.00 Hold Target Price Gregoire Cayeux 04/09/2020 14:33 GBP 4664.00 GBP 5000.00 Hold Target Price & Rating Gregoire Cayeux 16/07/2020 23:24 GBP 3489.00 GBP 4100.00 Buy Target Price Riadh Hendaoui 06/07/2020 18:55 GBP 3440.00 GBP 4000.00 Buy Target Price Gregoire Cayeux 07/05/2020 16:17 GBP 2514.00 GBP 3470.00 Buy Target Price Gregoire Cayeux 20/04/2020 19:03 GBP 2347.00 GBP 3060.00 Buy Target Price & Rating Gregoire Cayeux 08/04/2020 10:23 GBP 2000.00 Conflict of Interest Target Price & Rating Gregoire Cayeux 02/04/2020 19:00 GBP 1130.00 GBP 1450.00 Buy - Gregoire Cayeux Assa Abloy (SE0007100581) 20/07/2021 17:35 SEK 266.80 SEK 240.00 Reduce Target Price Bruno Villeroil 15/07/2021 08:01 SEK 272.00 SEK 235.00 Reduce - Riadh Hendaoui Astra International (ID1000122807) 17/03/2021 08:55 IDR 5550.00 IDR 6300.00 Buy Target Price Maggie Yeo 01/03/2021 08:43 IDR 5400.00 IDR 6175.00 Buy Rating Maggie Yeo 21/12/2020 09:26 IDR 6125.00 IDR 6175.00 Hold Target Price Maggie Yeo 28/10/2020 07:00 IDR 5425.00 IDR 5300.00 Hold Rating Maggie Yeo 11/09/2020 05:05 IDR 4560.00 IDR 5300.00 Buy Target Price Maggie Yeo 28/04/2020 05:49 IDR 3710.00 IDR 4400.00 Buy - Maggie Yeo

Date of publication: 23 September 2021 Page 34 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Astrazeneca (GB0009895292) 12/07/2021 17:58 GBP 8648.00 GBP 9900.00 Buy Target Price Riadh Hendaoui 19/05/2021 21:08 GBP 7930.00 GBP 9600.00 Buy Target Price Mehdi Slimani 09/04/2021 15:38 GBP 7243.00 GBP 9200.00 Buy Target Price Mehdi Slimani 13/01/2021 16:57 GBP 7405.00 GBP 9500.00 Buy Target Price Gregoire Cayeux 24/11/2020 12:09 GBP 8000.00 GBP 9200.00 Buy Rating Gregoire Cayeux 30/07/2020 10:56 GBP 8615.00 GBP 9200.00 Hold Rating Mehdi Slimani 21/07/2020 11:41 GBP 9320.00 GBP 9200.00 Reduce Rating Mehdi Slimani 10/06/2020 10:37 GBP 8244.00 GBP 9200.00 Buy Target Price & Rating Mehdi Slimani 20/05/2020 18:37 GBP 8676.00 GBP 9000.00 Hold Target Price Gregoire Cayeux 22/04/2020 09:07 GBP 8150.00 GBP 8300.00 Hold Target Price Mehdi Slimani 14/04/2020 14:11 GBP 7121.00 GBP 7700.00 Hold - Gregoire Cayeux Astro Holdings Bhd (MYL6399OO009) 27/03/2020 08:15 MYR .84 MYR 1.67 Buy - Maggie Yeo Asustek Computer (TW0002357001) 08/10/2020 11:17 TWD 247.00 TWD 269.00 Hold Target Price Tony Lau 14/05/2020 11:44 TWD 201.50 TWD 184.00 Hold - Tony Lau At&T Inc. (US00206R1023) 02/06/2021 11:32 USD 29.32 USD 25.00 Reduce Target Price & Rating Alexis TAY 01/10/2020 12:03 USD 28.04 USD 35.00 Buy Target Price Alexis TAY 28/04/2020 09:53 USD 30.54 USD 37.00 Buy Target Price Mehdi Slimani 09/04/2020 10:41 USD 29.89 USD 38.00 Buy - Gregoire Cayeux Atlantia (IT0003506190) 01/05/2021 19:51 EUR 16.22 EUR 14.80 Reduce Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 35 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Atlantia (IT0003506190) 30/07/2020 20:56 EUR 14.12 EUR 13.40 Reduce Target Price Bruno Villeroil 12/06/2020 20:30 EUR 13.84 EUR 12.10 Reduce Target Price Bruno Villeroil 27/03/2020 01:48 EUR 11.53 EUR 11.40 Reduce - Bruno Villeroil Atlas Copco (SE0011166610) 20/07/2021 16:29 SEK 556.40 SEK 595.00 Hold Target Price Bruno Villeroil 14/07/2021 22:19 SEK 547.00 SEK 575.00 Hold Target Price Riadh Hendaoui 28/04/2021 17:06 SEK 542.80 SEK 550.00 Hold Target Price & Rating Bruno Villeroil 13/04/2021 15:48 SEK 546.80 SEK 500.00 Reduce - Gregoire Cayeux Atos (FR0000051732) 02/08/2021 13:20 EUR 40.32 EUR 44.00 Hold Target Price & Rating Gregoire Cayeux 26/04/2021 16:41 EUR 58.62 EUR 70.00 Buy Target Price Riadh Hendaoui 19/02/2021 14:51 EUR 62.16 EUR 81.00 Buy Target Price Riadh Hendaoui 25/06/2020 15:42 EUR 73.42 EUR 84.00 Buy Target Price Riadh Hendaoui 22/04/2020 21:35 EUR 63.16 EUR 80.00 Buy Target Price Riadh Hendaoui 01/04/2020 18:53 EUR 61.74 EUR 83.00 Buy - Riadh Hendaoui Auo (TW0002409000) 14/05/2020 11:24 TWD 7.83 TWD 7.90 Hold - Tony Lau Ausnutria Dairy Corporation Ltd (KYG063181021) 30/03/2021 05:31 HKD 10.44 HKD 13.00 Buy Target Price Tony Lau 13/05/2020 04:39 HKD 15.60 HKD 19.00 Buy - Tony Lau Australia & New Zealand Banking Group Ltd (AU000000ANZ3) 09/04/2021 09:15 AUD 28.74 AUD 29.50 Hold Target Price & Rating Maggie Yeo 28/01/2021 03:51 AUD 24.22 Conflict of Interest Target Price & Rating Maggie Yeo

Date of publication: 23 September 2021 Page 36 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Australia & New Zealand Banking Group Ltd (AU000000ANZ3) 23/04/2020 09:58 AUD 16.02 AUD 16.50 Hold - Maggie Yeo Auto1 Group (DE000A2LQ884) 12/08/2021 14:04 EUR 39.00 EUR 50.00 Buy Target Price & Rating Gregoire Cayeux 02/06/2021 10:17 EUR 40.90 Conflict of Interest Target Price & Rating Gregoire Cayeux 27/04/2021 17:45 EUR 46.20 EUR 56.00 Buy Target Price & Rating Gregoire Cayeux 25/03/2021 12:36 EUR 51.32 EUR 57.00 Hold Target Price & Rating Gregoire Cayeux 16/03/2021 13:16 EUR 46.88 EUR 53.00 Buy - Gregoire Cayeux Autodesk, Inc. (US0527691069) 02/09/2021 09:54 USD 303.24 USD 376.00 Buy Target Price Gregoire Cayeux 03/06/2021 08:36 USD 281.30 USD 351.00 Buy Target Price Alexis TAY 19/03/2021 11:01 USD 268.11 USD 372.00 Buy Target Price Alexis TAY 11/12/2020 02:49 USD 280.23 USD 364.00 Buy Target Price Alexis TAY 01/10/2020 12:28 USD 229.56 USD 316.00 Buy - Alexis TAY Automatic Data Processing, Inc. (US0530151036) 04/08/2021 10:13 USD 208.83 USD 211.00 Hold Target Price Alexis TAY 24/05/2021 10:11 USD 190.84 USD 194.00 Hold Rating Alexis TAY 30/04/2021 08:27 USD 186.62 USD 194.00 Buy Target Price & Rating Alexis TAY 04/03/2021 08:25 USD 172.60 USD 171.00 Hold Rating Alexis TAY 28/01/2021 10:09 USD 165.67 USD 171.00 Buy Target Price & Rating Alexis TAY 10/11/2020 10:28 USD 158.19 USD 158.00 Hold Target Price Alexis TAY 29/10/2020 04:50 USD 149.20 USD 148.00 Hold Rating Alexis TAY 01/10/2020 12:29 USD 130.80 USD 148.00 Buy - Alexis TAY

Date of publication: 23 September 2021 Page 37 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Aviva (GB0002162385) 10/09/2021 13:10 GBP 404.90 GBP 400.00 Reduce Target Price Riadh Hendaoui 23/07/2021 15:12 GBP 387.30 GBP 385.00 Reduce Target Price & Rating Riadh Hendaoui 16/04/2021 18:24 GBP 406.80 GBP 420.00 Hold Target Price & Rating Riadh Hendaoui 14/04/2021 04:34 GBP 408.10 GBP 400.00 Reduce Target Price & Rating Riadh Hendaoui 05/02/2021 19:46 GBP 349.80 GBP 380.00 Hold Rating Riadh Hendaoui 17/12/2020 15:13 GBP 328.70 GBP 380.00 Buy Target Price Riadh Hendaoui 31/08/2020 14:03 GBP 282.70 GBP 360.00 Buy Target Price Gregoire Cayeux 22/07/2020 23:52 GBP 288.10 GBP 380.00 Buy Target Price Riadh Hendaoui 20/04/2020 18:35 GBP 247.80 GBP 410.00 Buy - Gregoire Cayeux Axa (FR0000120628) 03/08/2021 11:09 EUR 22.80 EUR 28.00 Buy Target Price Gregoire Cayeux 22/04/2021 14:25 EUR 23.17 EUR 26.50 Buy Target Price Riadh Hendaoui 26/02/2021 11:05 EUR 21.15 EUR 25.00 Buy Target Price Gregoire Cayeux 05/02/2021 11:20 EUR 19.15 EUR 25.50 Buy Target Price Riadh Hendaoui 15/12/2020 13:43 EUR 19.68 EUR 23.00 Buy Target Price Riadh Hendaoui 20/04/2020 13:55 EUR 14.92 EUR 24.00 Buy - Gregoire Cayeux Group (MYL6888OO001) 26/02/2021 09:22 MYR 3.57 MYR 3.95 Hold Rating Maggie Yeo 05/10/2020 09:30 MYR 2.88 MYR 3.95 Buy Target Price Maggie Yeo 24/04/2020 10:58 MYR 3.84 MYR 4.90 Buy - Maggie Yeo Ayala Corporation (PHY0486V1154) 16/10/2020 09:32 PHP 699.00 PHP 805.00 Buy Target Price & Rating Maggie Yeo 15/07/2020 08:12 PHP 750.00 PHP 810.00 Hold Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 38 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ayala Corporation (PHY0486V1154) 22/04/2020 09:31 PHP 575.00 PHP 620.00 Hold - Maggie Yeo Ayala Land (PHY0488F1004) 19/02/2021 08:47 PHP 38.85 PHP 47.00 Buy Target Price & Rating Maggie Yeo 08/02/2021 09:40 PHP 39.95 PHP 43.00 Hold Target Price & Rating Maggie Yeo 08/10/2020 04:53 PHP 30.00 PHP 34.00 Buy Target Price & Rating Maggie Yeo 04/09/2020 05:56 PHP 26.90 PHP 30.00 Hold Target Price Maggie Yeo 15/04/2020 08:00 PHP 33.75 PHP 35.00 Hold - Maggie Yeo Bae Systems (GB0002634946) 03/08/2021 18:55 GBP 582.60 GBP 550.00 Reduce Target Price Bruno Villeroil 09/04/2021 15:59 GBP 526.80 GBP 525.00 Reduce Target Price & Rating Bruno Villeroil 02/03/2021 18:25 GBP 489.70 GBP 620.00 Buy Target Price Bruno Villeroil 28/01/2021 10:46 GBP 476.50 GBP 630.00 Buy Target Price Bruno Villeroil 21/07/2020 19:28 GBP 489.90 GBP 640.00 Buy Target Price Bruno Villeroil 26/06/2020 15:48 GBP 485.80 GBP 560.00 Buy - Bruno Villeroil Baic Motor Corp (CNE100001TJ4) 01/04/2021 11:22 HKD 2.43 HKD 3.00 Buy Target Price & Rating Tony Lau 02/02/2021 08:16 HKD 2.72 HKD 3.10 Hold Target Price Tony Lau 15/07/2020 10:23 HKD 3.80 HKD 4.10 Hold - Tony Lau Baidu (US0567521085) 16/08/2021 09:47 USD 152.45 USD 200.00 Buy Target Price Alexis TAY 30/07/2021 06:20 USD 166.78 USD 230.00 Buy Target Price Alexis TAY 20/05/2021 05:30 USD 188.88 USD 300.00 Buy Target Price Alexis TAY 19/02/2021 09:45 USD 298.01 USD 340.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 39 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Baidu (US0567521085) 14/01/2021 11:18 USD 236.94 USD 265.00 Buy Target Price & Rating Alexis TAY 17/12/2020 09:53 USD 190.40 USD 200.00 Hold Target Price Alexis TAY 18/11/2020 03:54 USD 147.84 USD 162.00 Hold Target Price & Rating Alexis TAY 21/05/2020 08:01 USD 108.52 USD 140.00 Buy Target Price Alexis TAY 09/04/2020 05:15 USD 101.79 USD 126.00 Buy - Alexis TAY Baidu Inc (KYG070341048) 16/08/2021 09:50 HKD 154.10 HKD 195.00 Buy - Alexis TAY Baker Hughes Company (US05722G1004) 22/04/2021 10:53 USD 19.55 USD 25.00 Buy Target Price Godfrey OYENIRAN 26/01/2021 03:06 USD 22.17 USD 26.00 Buy Target Price & Rating Godfrey OYENIRAN 05/01/2021 07:29 USD 21.02 USD 20.00 Hold Rating Godfrey OYENIRAN 01/10/2020 09:09 USD 14.40 USD 20.00 Buy Target Price Maggie Yeo 25/04/2020 10:48 USD 13.42 USD 26.00 Buy Target Price Gregoire Cayeux 22/04/2020 11:47 USD 12.75 USD 30.00 Buy - Mehdi Slimani Ball Corporation (US0584981064) 12/06/2021 14:00 USD 81.53 USD 114.00 Buy - Gregoire Cayeux Baloise (CH0012410517) 27/08/2021 10:28 CHF 149.70 CHF 168.00 Buy Target Price & Rating Torben BUMANN 19/02/2021 11:20 CHF 152.80 CHF 165.00 Hold Rating Torben BUMANN 11/09/2020 17:00 CHF 145.80 CHF 165.00 Buy Target Price & Rating Torben BUMANN 14/04/2020 15:23 CHF 142.90 CHF 155.00 Hold - Gregoire Cayeux Banco Bpm (IT0005218380) 09/08/2021 14:02 EUR 2.74 EUR 3.10 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 40 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Banco Bpm (IT0005218380) 14/07/2021 15:28 EUR 2.67 EUR 2.80 Hold Target Price Riadh Hendaoui 17/05/2021 14:36 EUR 2.67 EUR 2.90 Hold Target Price & Rating Riadh Hendaoui 19/04/2021 17:38 EUR 2.38 EUR 3.10 Buy Target Price Riadh Hendaoui 18/02/2021 16:18 EUR 2.14 EUR 3.00 Buy Target Price Riadh Hendaoui 07/01/2021 21:45 EUR 1.90 EUR 2.50 Buy Target Price & Rating Riadh Hendaoui 19/11/2020 22:27 EUR 1.89 EUR 1.90 Hold Target Price Riadh Hendaoui 27/10/2020 13:22 EUR 1.65 EUR 1.70 Hold Target Price Riadh Hendaoui 12/08/2020 14:53 EUR 1.40 EUR 1.60 Hold Target Price Gregoire Cayeux 20/07/2020 21:53 EUR 1.40 EUR 1.45 Hold Target Price & Rating Riadh Hendaoui 29/05/2020 20:40 EUR 1.16 EUR 1.40 Buy Target Price Gregoire Cayeux 31/03/2020 23:00 EUR 1.21 EUR 1.90 Buy - Riadh Hendaoui Banco Sabadell (ES0113860A34) 30/07/2021 15:57 EUR .58 EUR .50 Reduce Rating Riadh Hendaoui 31/05/2021 15:36 EUR .63 EUR .50 Sell Target Price Gregoire Cayeux 03/05/2021 14:10 EUR .53 EUR .40 Sell Target Price & Rating Riadh Hendaoui 20/01/2021 15:39 EUR .38 EUR .33 Reduce Target Price & Rating Riadh Hendaoui 02/11/2020 19:04 EUR .26 EUR .30 Hold Target Price Riadh Hendaoui 04/08/2020 13:54 EUR .30 EUR .32 Hold Target Price Riadh Hendaoui 26/06/2020 00:24 EUR .31 EUR .35 Hold Target Price Riadh Hendaoui 02/05/2020 11:36 EUR .38 EUR .40 Hold Target Price Riadh Hendaoui 21/04/2020 15:52 EUR .38 EUR .53 Hold Target Price Riadh Hendaoui 01/04/2020 00:12 EUR .46 EUR .55 Hold - Riadh Hendaoui Bangkok Bank (TH0001010006) 12/07/2021 08:21 THB 104.50 THB 90.00 Reduce Target Price & Rating Maggie Yeo

Date of publication: 23 September 2021 Page 41 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bangkok Bank (TH0001010006) 22/04/2021 07:56 THB 127.50 THB 140.00 Hold Target Price & Rating Maggie Yeo 26/01/2021 08:43 THB 120.50 THB 137.00 Buy Target Price Maggie Yeo 27/10/2020 06:55 THB 93.75 THB 108.00 Buy Target Price & Rating Maggie Yeo 05/08/2020 08:05 THB 100.00 THB 100.00 Hold Target Price Maggie Yeo 24/07/2020 10:27 THB 105.00 THB 113.00 Hold Target Price & Rating Maggie Yeo 05/06/2020 05:24 THB 128.00 THB 115.00 Reduce Rating Maggie Yeo 13/05/2020 11:25 THB 97.25 THB 115.00 Buy Target Price Maggie Yeo 23/04/2020 12:26 THB 104.50 THB 125.00 Buy - Maggie Yeo Bangkok Chain Hospital (TH0808010Y07) 15/03/2021 08:52 THB 14.50 THB 12.80 Reduce Target Price Maggie Yeo 30/11/2020 07:40 THB 14.30 THB 12.30 Reduce Target Price & Rating Maggie Yeo 17/11/2020 02:21 THB 14.70 THB 17.00 Buy Target Price & Rating Maggie Yeo 24/07/2020 10:49 THB 14.80 THB 16.50 Hold Target Price Maggie Yeo 29/05/2020 07:06 THB 14.30 THB 15.20 Hold Rating Maggie Yeo 20/04/2020 05:21 THB 13.10 THB 15.20 Buy - Maggie Yeo Bangkok Dusit Medical Services (TH0264A10Z04) 04/03/2021 08:47 THB 20.90 THB 21.80 Hold Target Price & Rating Maggie Yeo 03/02/2021 01:46 THB 21.10 THB 24.00 Buy Target Price Maggie Yeo 03/09/2020 05:41 THB 20.50 THB 24.50 Buy Target Price Maggie Yeo 08/06/2020 10:02 THB 23.50 THB 26.50 Buy Target Price Maggie Yeo 14/05/2020 07:52 THB 19.90 THB 22.70 Buy Rating Maggie Yeo 21/04/2020 09:25 THB 20.90 THB 22.70 Hold - Maggie Yeo

Date of publication: 23 September 2021 Page 42 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bank Central Asia (ID1000109507) 19/07/2021 10:24 IDR 29950.00 IDR 34000.00 Buy Target Price Maggie Yeo 19/02/2021 08:42 IDR 33675.00 IDR 38000.00 Buy Target Price Maggie Yeo 17/02/2021 04:19 IDR 34900.00 IDR 39400.00 Buy Target Price Maggie Yeo 28/07/2020 06:02 IDR 30500.00 IDR 34500.00 Buy Target Price & Rating Maggie Yeo 29/05/2020 07:09 IDR 26475.00 IDR 28500.00 Hold Rating Maggie Yeo 26/05/2020 07:52 IDR 23825.00 IDR 28500.00 Buy Target Price Maggie Yeo 06/04/2020 08:10 IDR 27475.00 IDR 31000.00 Buy Target Price Maggie Yeo 24/03/2020 05:55 IDR 23675.00 IDR 28000.00 Buy - Maggie Yeo Bank Mandiri (ID1000095003) 19/07/2021 10:33 IDR 5700.00 IDR 7430.00 Buy Target Price Maggie Yeo 28/04/2021 05:21 IDR 5975.00 IDR 7500.00 Buy Rating Maggie Yeo 02/02/2021 03:36 IDR 6700.00 IDR 7500.00 Hold Target Price Maggie Yeo 12/10/2020 10:16 IDR 5550.00 IDR 5140.00 Hold Target Price & Rating Maggie Yeo 20/08/2020 05:18 IDR 6100.00 IDR 4385.00 Sell Target Price Maggie Yeo 09/06/2020 09:29 IDR 5250.00 IDR 4000.00 Sell Rating Maggie Yeo 26/05/2020 07:59 IDR 4070.00 IDR 4000.00 Hold Target Price & Rating Maggie Yeo 06/04/2020 08:30 IDR 5025.00 IDR 4200.00 Reduce - Maggie Yeo Bank Negara (ID1000096605) 06/09/2021 08:37 IDR 5250.00 IDR 7100.00 Buy Target Price Maggie Yeo 19/07/2021 10:31 IDR 4580.00 IDR 6700.00 Buy Target Price & Rating Maggie Yeo 02/02/2021 03:28 IDR 5550.00 IDR 6000.00 Hold Target Price Maggie Yeo 12/10/2020 10:09 IDR 4640.00 IDR 4365.00 Hold Target Price & Rating Maggie Yeo 19/08/2020 08:13 IDR 5050.00 IDR 3920.00 Sell Target Price & Rating Maggie Yeo 26/05/2020 07:54 IDR 3600.00 IDR 3720.00 Hold Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 43 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bank Negara Indonesia (ID1000096605) 06/04/2020 08:19 IDR 4010.00 IDR 3960.00 Hold - Maggie Yeo Corporation (US0605051046) 19/07/2021 08:52 USD 38.86 USD 42.00 Buy Target Price & Rating Godfrey OYENIRAN 09/07/2021 11:51 USD 40.07 USD 40.00 Hold Rating Godfrey OYENIRAN 16/04/2021 10:00 USD 38.74 USD 40.00 Buy Target Price & Rating Godfrey OYENIRAN 12/04/2021 08:27 USD 39.80 USD 32.00 Sell Rating Godfrey OYENIRAN 20/01/2021 11:02 USD 32.77 USD 32.00 Hold Target Price & Rating Godfrey OYENIRAN 07/01/2021 08:09 USD 32.15 USD 27.00 Sell Rating Godfrey OYENIRAN 01/10/2020 12:46 USD 23.94 USD 27.00 Buy Target Price Godfrey OYENIRAN 21/07/2020 11:44 USD 23.58 USD 28.00 Buy Target Price Riadh Hendaoui 16/04/2020 10:10 USD 22.19 USD 30.00 Buy Target Price Riadh Hendaoui 07/04/2020 12:06 USD 21.39 USD 32.00 Buy - Riadh Hendaoui Bank Of Ayudhya (TH0023010000) 22/07/2021 05:47 THB 29.75 THB 38.00 Buy Rating Maggie Yeo 04/05/2021 08:30 THB 37.50 THB 38.00 Hold Target Price Maggie Yeo 26/01/2021 08:26 THB 31.50 THB 30.00 Hold Target Price Maggie Yeo 09/11/2020 08:06 THB 20.10 THB 23.00 Hold Target Price & Rating Maggie Yeo 12/08/2020 08:20 THB 21.50 THB 19.00 Reduce Target Price Maggie Yeo 02/06/2020 09:12 THB 22.40 THB 20.00 Reduce Rating Maggie Yeo 23/04/2020 12:34 THB 21.20 THB 20.00 Hold - Maggie Yeo Bank Of China (CNE1000001Z5) 02/03/2021 11:59 HKD 2.70 HKD 2.85 Hold Target Price Tony Lau 31/08/2020 10:41 HKD 2.56 HKD 2.80 Hold Target Price Tony Lau

Date of publication: 23 September 2021 Page 44 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bank Of China (CNE1000001Z5) 22/06/2020 11:19 HKD 2.91 HKD 3.10 Hold Target Price Tony Lau 31/03/2020 09:19 HKD 2.90 HKD 3.25 Hold - Tony Lau Bank Of China (A-Share) (CNE000001N05) 21/04/2021 08:17 CNY 3.31 Conflict of Interest Target Price & Rating Tony Lau 02/03/2021 12:02 CNY 3.24 CNY 2.90 Sell Target Price Tony Lau 28/05/2020 09:03 CNY 3.45 CNY 2.70 Sell - Tony Lau Bank Of China (Hk) (HK2388011192) 28/01/2021 04:55 HKD 23.90 HKD 27.00 Buy Target Price & Rating Tony Lau 28/01/2021 03:14 HKD 23.50 Conflict of Interest Target Price & Rating Tony Lau 03/09/2020 11:27 HKD 21.90 HKD 24.00 Hold Target Price & Rating Tony Lau 01/04/2020 09:48 HKD 21.45 HKD 26.00 Buy - Tony Lau Bank Of Communications (CNE100000205) 03/03/2021 05:00 HKD 4.38 HKD 4.85 Hold Target Price & Rating Tony Lau 09/12/2020 10:39 HKD 4.23 Conflict of Interest Target Price & Rating Tony Lau 19/10/2020 09:31 HKD 4.00 HKD 3.55 Reduce Target Price Tony Lau 31/08/2020 11:05 HKD 4.18 HKD 3.80 Reduce Target Price Tony Lau 06/04/2020 09:26 HKD 4.64 HKD 4.50 Reduce - Tony Lau Bank Of Communications (A-Share) (CNE1000000S2) 03/03/2021 05:03 CNY 4.55 CNY 4.80 Hold Target Price & Rating Tony Lau 09/12/2020 10:41 CNY 4.62 Conflict of Interest Target Price & Rating Tony Lau 22/06/2020 11:56 CNY 5.14 CNY 4.00 Reduce Target Price Tony Lau 28/05/2020 09:21 CNY 5.11 CNY 4.40 Reduce - Tony Lau

Date of publication: 23 September 2021 Page 45 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bank Of The Philippine Islands (PHY0967S1694) 21/12/2020 09:23 PHP 82.70 PHP 95.00 Buy Target Price Maggie Yeo 21/10/2020 08:38 PHP 69.00 PHP 86.00 Buy Target Price Maggie Yeo 11/09/2020 05:09 PHP 65.00 PHP 87.00 Buy Target Price Maggie Yeo 06/07/2020 09:25 PHP 73.40 PHP 90.00 Buy Target Price Maggie Yeo 03/06/2020 08:49 PHP 67.75 PHP 76.00 Buy Target Price Maggie Yeo 09/04/2020 04:11 PHP 57.05 PHP 84.00 Buy - Maggie Yeo Bank Rakyat Indonesia (ID1000118201) 03/09/2021 09:35 IDR 3890.00 IDR 3000.00 Sell Target Price & Rating Maggie Yeo 19/07/2021 10:32 IDR 3710.00 IDR 3675.00 Hold Target Price Maggie Yeo 18/06/2021 09:11 IDR 4010.00 IDR 4165.00 Hold Target Price Maggie Yeo 15/06/2021 09:03 IDR 4300.00 IDR 4385.00 Hold Target Price & Rating Maggie Yeo 09/04/2021 08:56 IDR 4350.00 IDR 4785.00 Buy Target Price Maggie Yeo 08/02/2021 09:43 IDR 4470.00 IDR 5150.00 Buy Target Price Maggie Yeo 02/02/2021 03:31 IDR 4180.00 IDR 5000.00 Buy Rating Maggie Yeo 13/01/2021 08:51 IDR 4720.00 IDR 5000.00 Hold Rating Maggie Yeo 21/12/2020 09:53 IDR 4280.00 IDR 5000.00 Buy Target Price Maggie Yeo 12/10/2020 10:14 IDR 3150.00 IDR 3550.00 Buy Target Price & Rating Maggie Yeo 20/08/2020 05:16 IDR 3560.00 IDR 3000.00 Reduce Target Price & Rating Maggie Yeo 15/05/2020 10:00 IDR 2350.00 IDR 2700.00 Buy Rating Maggie Yeo 06/04/2020 08:22 IDR 2890.00 IDR 2700.00 Hold - Maggie Yeo Bank Tabungan Negara (ID1000113707) 19/07/2021 10:29 IDR 1230.00 IDR 1300.00 Hold Target Price Maggie Yeo 30/04/2021 11:28 IDR 1615.00 IDR 1500.00 Hold Target Price & Rating Maggie Yeo 17/02/2021 04:05 IDR 1855.00 IDR 1300.00 Sell Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 46 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bank Tabungan Negara (ID1000113707) 12/10/2020 10:06 IDR 1230.00 IDR 980.00 Sell Target Price Maggie Yeo 04/08/2020 08:31 IDR 1210.00 IDR 610.00 Sell Target Price & Rating Maggie Yeo 26/05/2020 07:53 IDR 770.00 IDR 635.00 Reduce Target Price & Rating Maggie Yeo 18/05/2020 10:54 IDR 745.00 IDR 860.00 Buy Rating Maggie Yeo 06/04/2020 08:16 IDR 920.00 IDR 860.00 Hold - Maggie Yeo Bankinter (ES0113679I37) 23/07/2021 14:32 EUR 4.38 EUR 5.80 Buy Target Price Riadh Hendaoui 01/05/2021 04:14 EUR 4.57 EUR 5.50 Buy Target Price Riadh Hendaoui 09/03/2021 14:15 EUR 5.85 EUR 6.80 Buy Target Price Riadh Hendaoui 22/01/2021 19:35 EUR 4.98 EUR 6.30 Buy Target Price Riadh Hendaoui 20/01/2021 14:50 EUR 4.78 EUR 6.00 Buy Target Price Riadh Hendaoui 24/10/2020 10:36 EUR 3.42 EUR 5.20 Buy Target Price Gregoire Cayeux 24/07/2020 22:08 EUR 4.51 EUR 5.25 Buy Target Price Riadh Hendaoui 25/06/2020 23:26 EUR 4.19 EUR 5.15 Buy Target Price Riadh Hendaoui 31/03/2020 22:25 EUR 3.15 EUR 4.85 Buy - Riadh Hendaoui Barclays Plc (GB0031348658) 12/08/2021 14:45 GBP 186.50 GBP 245.00 Buy Target Price Gregoire Cayeux 22/04/2021 13:45 GBP 180.74 GBP 215.00 Buy Target Price & Rating Riadh Hendaoui 07/04/2021 19:24 GBP 185.58 GBP 200.00 Hold Target Price & Rating Riadh Hendaoui 23/02/2021 13:26 GBP 154.26 GBP 195.00 Buy Target Price Gregoire Cayeux 19/01/2021 13:12 GBP 151.32 GBP 190.00 Buy Target Price & Rating Riadh Hendaoui 03/12/2020 21:59 GBP 146.94 GBP 165.00 Hold Target Price & Rating Gregoire Cayeux 11/11/2020 20:33 GBP 134.40 GBP 150.00 Buy Target Price Riadh Hendaoui 14/09/2020 15:44 GBP 102.62 GBP 135.00 Buy Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 47 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Barclays Plc (GB0031348658) 30/07/2020 22:33 GBP 105.02 GBP 140.00 Buy Target Price Riadh Hendaoui 20/07/2020 21:22 GBP 116.40 GBP 135.00 Buy Target Price & Rating Riadh Hendaoui 22/05/2020 19:56 GBP 103.92 GBP 130.00 Hold - Riadh Hendaoui Barco (BE0974362940) 22/07/2021 22:59 EUR 20.98 EUR 25.00 Buy Target Price & Rating Riadh Hendaoui 02/07/2021 10:44 EUR 23.18 EUR 24.50 Hold Rating Gregoire Cayeux 19/05/2021 10:20 EUR 20.70 EUR 24.50 Buy Target Price & Rating Gregoire Cayeux 22/04/2021 10:59 EUR 19.39 EUR 20.00 Hold Target Price Gregoire Cayeux 27/01/2021 11:08 EUR 15.92 EUR 16.00 Hold Target Price & Rating Gregoire Cayeux 26/01/2021 11:22 EUR 17.04 EUR 15.00 Reduce Rating Gregoire Cayeux 22/10/2020 12:35 EUR 14.42 EUR 15.00 Hold Target Price & Rating Gregoire Cayeux 08/09/2020 10:27 EUR 17.76 EUR 22.50 Buy - Gregoire Cayeux Barrick Gold Corporation (CA0679011084) 13/08/2021 08:02 USD 20.05 USD 28.00 Buy Target Price & Rating Gregoire Cayeux 09/05/2020 15:24 CAD 38.13 CAD 21.00 Sell Target Price Gregoire Cayeux 02/04/2020 12:40 CAD 26.88 CAD 22.00 Sell - Bruno Villeroil Barry Callebaut (CH0009002962) 15/07/2021 17:32 CHF 2236.00 CHF 2500.00 Hold Rating Torben BUMANN 23/04/2021 11:20 CHF 2182.00 CHF 2500.00 Buy Target Price & Rating Torben BUMANN 25/01/2021 10:46 CHF 2026.00 CHF 2000.00 Reduce Rating Torben BUMANN 04/12/2020 11:29 CHF 1974.00 CHF 2000.00 Hold Rating Gregoire Cayeux 17/11/2020 10:36 CHF 2026.00 CHF 2000.00 Reduce Target Price Torben BUMANN 28/07/2020 11:26 CHF 1912.00 CHF 1900.00 Reduce Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 48 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Barry Callebaut (CH0009002962) 12/06/2020 09:35 CHF 1830.00 CHF 1900.00 Hold Target Price Torben BUMANN 20/04/2020 12:02 CHF 1896.00 CHF 1950.00 Hold Target Price Torben BUMANN 23/03/2020 11:40 CHF 1881.00 CHF 2100.00 Hold - Torben BUMANN Basf (DE000BASF111) 16/07/2021 16:43 EUR 67.40 EUR 83.00 Buy Target Price Riadh Hendaoui 30/04/2021 16:28 EUR 70.52 EUR 80.00 Buy Target Price & Rating Bruno Villeroil 07/04/2021 16:03 EUR 72.24 EUR 78.00 Hold Target Price & Rating Bruno Villeroil 01/03/2021 17:05 EUR 67.73 EUR 76.00 Buy Target Price Bruno Villeroil 25/01/2021 15:33 EUR 66.28 EUR 77.00 Buy Target Price Bruno Villeroil 06/01/2021 15:48 EUR 64.40 EUR 75.00 Buy Target Price Bruno Villeroil 06/11/2020 16:26 EUR 50.54 EUR 58.00 Buy Target Price Bruno Villeroil 30/10/2020 16:41 EUR 46.62 EUR 57.00 Buy Target Price & Rating Bruno Villeroil 11/09/2020 21:14 EUR 54.51 EUR 54.00 Reduce Target Price & Rating Bruno Villeroil 31/07/2020 17:48 EUR 47.64 EUR 51.00 Hold Target Price & Rating Bruno Villeroil 15/07/2020 15:38 EUR 51.11 EUR 50.00 Reduce Target Price & Rating Mehdi Slimani 06/04/2020 16:24 EUR 40.76 EUR 47.00 Hold - Bruno Villeroil Baxter International Inc. (US0718131099) 30/07/2021 17:20 USD 77.38 USD 89.00 Buy Target Price Bruno Villeroil 30/04/2021 21:06 USD 85.35 USD 91.00 Buy Target Price & Rating Mehdi Slimani 01/04/2021 10:36 USD 84.34 USD 83.00 Hold Rating Mehdi Slimani 06/02/2021 09:16 USD 77.30 USD 83.00 Buy Target Price Gregoire Cayeux 03/11/2020 10:36 USD 78.67 USD 86.00 Buy Target Price Mehdi Slimani 01/10/2020 10:21 USD 80.42 USD 88.00 Buy Target Price & Rating Godfrey OYENIRAN 04/08/2020 12:42 USD 83.16 USD 73.00 Reduce Rating Riadh Hendaoui

Date of publication: 23 September 2021 Page 49 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Baxter International Inc. (US0718131099) 01/05/2020 20:22 USD 88.78 USD 73.00 Sell - Gregoire Cayeux Bayer (DE000BAY0017) 21/05/2021 09:12 EUR 55.67 EUR 57.00 Hold Target Price Mehdi Slimani 26/04/2021 18:52 EUR 54.53 EUR 55.00 Hold Target Price & Rating Mehdi Slimani 05/03/2021 14:46 EUR 51.84 EUR 51.00 Reduce Target Price & Rating Mehdi Slimani 19/10/2020 19:51 EUR 44.81 EUR 50.00 Buy Target Price & Rating Mehdi Slimani 05/08/2020 21:25 EUR 57.05 EUR 62.00 Hold Target Price Riadh Hendaoui 15/07/2020 15:32 EUR 64.00 EUR 67.00 Hold Target Price & Rating Mehdi Slimani 29/04/2020 14:08 EUR 63.02 EUR 62.00 Reduce Target Price & Rating Mehdi Slimani 05/04/2020 16:13 EUR 53.03 EUR 60.00 Buy - Mehdi Slimani Bbmg (CNE100000F20) 28/07/2020 02:52 HKD 1.62 HKD 1.85 Buy Target Price Tony Lau 15/05/2020 11:25 HKD 1.89 HKD 2.50 Buy Target Price Tony Lau 09/04/2020 10:53 HKD 1.97 HKD 2.20 Buy Target Price Tony Lau 01/04/2020 12:28 HKD 1.94 HKD 2.80 Buy - Tony Lau Bbmg (A-Share) (CNE1000010M4) 28/07/2020 02:56 CNY 3.15 CNY 3.80 Buy - Tony Lau Bbva (ES0113211835) 20/09/2021 18:31 EUR 5.67 EUR 6.70 Buy Target Price & Rating Gregoire Cayeux 02/08/2021 16:30 EUR 5.41 EUR 6.20 Hold Rating Gregoire Cayeux 17/06/2021 18:12 EUR 5.31 EUR 6.20 Buy Target Price Riadh Hendaoui 03/05/2021 15:12 EUR 4.67 EUR 5.70 Buy Target Price Riadh Hendaoui 01/02/2021 21:23 EUR 3.94 EUR 5.60 Buy Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 50 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bbva (ES0113211835) 09/12/2020 13:05 EUR 4.16 EUR 5.50 Buy Target Price Gregoire Cayeux 23/11/2020 16:32 EUR 3.60 EUR 4.20 Buy Target Price Riadh Hendaoui 02/11/2020 17:12 EUR 2.46 EUR 3.80 Buy Target Price Riadh Hendaoui 07/10/2020 13:08 EUR 2.48 EUR 3.70 Buy Target Price Riadh Hendaoui 31/03/2020 21:51 EUR 2.92 EUR 4.30 Buy - Riadh Hendaoui Bce Inc. (CA05534B7604) 10/08/2021 10:36 USD 50.37 USD 55.00 Buy Target Price & Rating Mehdi Slimani 19/07/2021 05:36 USD 49.42 USD 49.00 Hold Target Price & Rating Alexis TAY 17/05/2020 21:10 CAD 54.90 CAD 65.00 Buy Target Price Mehdi Slimani 23/04/2020 11:42 CAD 57.19 CAD 68.00 Buy - Mehdi Slimani Bdo Unibank (PHY077751022) 21/12/2020 10:03 PHP 112.00 PHP 118.50 Hold Target Price Maggie Yeo 27/10/2020 07:15 PHP 95.25 PHP 102.50 Hold Target Price & Rating Maggie Yeo 11/09/2020 05:12 PHP 92.00 PHP 105.00 Buy Target Price Maggie Yeo 13/07/2020 08:00 PHP 94.70 PHP 115.00 Buy Target Price Maggie Yeo 03/06/2020 08:52 PHP 98.00 PHP 110.00 Buy Target Price Maggie Yeo 09/04/2020 04:13 PHP 98.50 PHP 144.00 Buy - Maggie Yeo Bechtle (DE0005158703) 31/08/2021 13:10 EUR 62.14 No Opinion Target Price & Rating Gregoire Cayeux 12/08/2021 12:13 EUR 183.05 EUR 194.00 Hold Rating Torben BUMANN 19/04/2021 09:38 EUR 171.30 EUR 194.00 Buy Target Price Torben BUMANN 22/03/2021 10:56 EUR 158.50 EUR 185.00 Buy Rating Torben BUMANN 12/11/2020 17:03 EUR 169.40 EUR 185.00 Hold Target Price & Rating Torben BUMANN

Date of publication: 23 September 2021 Page 51 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bechtle (DE0005158703) 28/10/2020 16:52 EUR 149.20 EUR 180.00 Buy Target Price & Rating Torben BUMANN 27/10/2020 11:38 EUR 149.20 EUR 162.00 Hold Rating Torben BUMANN 14/07/2020 16:18 EUR 167.10 EUR 162.00 Reduce Target Price Torben BUMANN 08/05/2020 11:04 EUR 142.30 EUR 127.00 Reduce Rating Torben BUMANN 08/04/2020 10:05 EUR 125.80 EUR 127.00 Hold - Torben BUMANN Becton, Dickinson And Company (US0758871091) 06/08/2021 15:56 USD 243.08 USD 261.00 Buy Target Price Mehdi Slimani 08/05/2021 17:06 USD 240.81 USD 260.00 Buy Target Price Gregoire Cayeux 11/02/2021 10:16 USD 252.90 USD 262.00 Buy Rating Mehdi Slimani 05/02/2021 14:44 USD 254.89 USD 262.00 Hold Target Price & Rating Gregoire Cayeux 06/11/2020 11:31 USD 234.65 USD 259.00 Buy Target Price Mehdi Slimani 01/10/2020 11:29 USD 232.68 USD 271.00 Buy Target Price & Rating Godfrey OYENIRAN 07/08/2020 10:36 USD 259.61 USD 282.00 Hold Target Price & Rating Gregoire Cayeux 20/05/2020 18:16 USD 242.99 Conflict of Interest Target Price & Rating Gregoire Cayeux 10/04/2020 14:09 USD 247.45 USD 282.00 Buy - Gregoire Cayeux Befimmo (BE0003678894) 23/02/2021 11:24 EUR 33.55 EUR 37.00 Hold Target Price Gregoire Cayeux 09/11/2020 11:59 EUR 33.95 EUR 40.00 Hold Target Price & Rating Gregoire Cayeux 08/05/2020 15:58 EUR 39.20 EUR 46.00 Buy - Patrick Casselman Beiersdorf Ag (DE0005200000) 06/08/2021 14:20 EUR 106.65 EUR 120.00 Buy Target Price Gregoire Cayeux 07/07/2021 15:20 EUR 103.50 EUR 114.00 Buy Target Price Gregoire Cayeux 15/06/2021 15:02 EUR 100.30 EUR 113.00 Buy Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 52 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Beiersdorf Ag (DE0005200000) 29/04/2021 12:41 EUR 93.44 EUR 106.00 Buy Target Price Gregoire Cayeux 18/02/2021 13:56 EUR 86.00 EUR 105.00 Buy Target Price Gregoire Cayeux 14/01/2021 14:14 EUR 93.10 EUR 111.00 Buy Target Price Gregoire Cayeux 29/10/2020 18:40 EUR 93.60 EUR 106.00 Buy Target Price Gregoire Cayeux 07/08/2020 14:24 EUR 97.14 EUR 109.00 Buy Target Price Gregoire Cayeux 01/07/2020 08:45 EUR 101.10 EUR 114.00 Buy Target Price Gregoire Cayeux 05/05/2020 18:54 EUR 91.90 EUR 112.00 Buy Target Price Gregoire Cayeux 30/04/2020 14:23 EUR 95.12 EUR 114.00 Buy - Gregoire Cayeux Beijing Capital Int'L Airport (CNE100000221) 10/09/2020 04:43 HKD 5.02 HKD 5.30 Hold Target Price Tony Lau 16/07/2020 09:21 HKD 5.13 HKD 5.50 Hold - Tony Lau Beijing Enterprises Water (BMG0957L1090) 15/07/2021 09:18 HKD 2.95 HKD 3.60 Buy Target Price Maggie Yeo 06/01/2021 09:43 HKD 3.14 HKD 4.00 Buy - Maggie Yeo Bekaert (BE0974258874) 21/09/2021 16:30 EUR 36.28 No Opinion Target Price & Rating Gregoire Cayeux 11/06/2021 13:45 EUR 39.24 EUR 40.00 Hold Target Price & Rating Gregoire Cayeux 13/05/2021 08:25 EUR 38.50 EUR 34.00 Reduce Rating Gregoire Cayeux 05/03/2021 13:17 EUR 32.08 EUR 34.00 Hold Target Price Gregoire Cayeux 23/11/2020 10:33 EUR 24.70 EUR 26.00 Hold Target Price & Rating Gregoire Cayeux 19/11/2020 10:49 EUR 21.48 EUR 20.00 Reduce Target Price & Rating Gregoire Cayeux 31/07/2020 13:46 EUR 16.67 EUR 16.00 Hold Target Price & Rating Patrick Casselman 09/04/2020 16:36 EUR 18.22 EUR 25.00 Buy - Patrick Casselman

Date of publication: 23 September 2021 Page 53 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Berkshire Hathaway Inc (US0846701086) 09/04/2020 10:02 USD 286999.00 USD 342500.00 Buy - Riadh Hendaoui Berkshire Hathaway Inc. (US0846707026) 12/08/2021 04:10 USD 288.94 USD 305.00 Buy Target Price Godfrey OYENIRAN 04/05/2021 10:46 USD 279.18 USD 295.00 Buy Target Price & Rating Godfrey OYENIRAN 26/02/2021 09:46 USD 243.69 USD 253.00 Hold Target Price Godfrey OYENIRAN 10/11/2020 10:33 USD 221.50 USD 228.00 Hold Target Price Godfrey OYENIRAN 01/10/2020 13:02 USD 214.16 USD 220.00 Hold - Godfrey OYENIRAN Berli Jucker Pcl (TH0002010Z06) 24/02/2021 07:11 THB 33.00 THB 35.00 Hold Target Price & Rating Maggie Yeo 09/11/2020 08:11 THB 31.25 THB 40.00 Buy Rating Maggie Yeo 02/09/2020 05:32 THB 37.00 THB 40.00 Hold Target Price Maggie Yeo 14/08/2020 09:05 THB 36.50 THB 37.50 Hold Target Price & Rating Maggie Yeo 21/05/2020 05:22 THB 40.50 THB 36.00 Reduce Rating Maggie Yeo 15/05/2020 09:26 THB 37.25 THB 36.00 Hold Rating Maggie Yeo 28/04/2020 05:54 THB 41.25 THB 36.00 Reduce - Maggie Yeo Best Buy Co., Inc. (US0865161014) 25/08/2021 11:48 USD 121.49 USD 140.00 Buy Target Price Riadh Hendaoui 26/11/2020 21:57 USD 113.90 USD 135.00 Buy Target Price Riadh Hendaoui 01/10/2020 10:22 USD 107.63 USD 130.00 Buy - Timothy FUNG Beyond Meat, Inc. (US08862E1091) 09/08/2021 09:40 USD 123.88 USD 140.00 Hold Target Price Gregoire Cayeux 07/07/2021 09:52 USD 145.56 USD 155.00 Hold Target Price & Rating Gregoire Cayeux 11/05/2021 07:45 USD 110.72 USD 140.00 Buy Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 54 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Beyond Meat, Inc. (US08862E1091) 02/03/2021 08:49 USD 147.10 USD 150.00 Hold Target Price & Rating Gregoire Cayeux 15/01/2021 09:40 USD 142.47 USD 85.00 Sell Target Price Gregoire Cayeux 11/11/2020 08:32 USD 125.01 USD 80.00 Sell Target Price Gregoire Cayeux 01/10/2020 09:19 USD 166.06 USD 100.00 Sell Target Price Timothy FUNG 24/08/2020 09:24 USD 126.00 USD 65.00 Sell Target Price Mehdi Slimani 29/05/2020 12:30 USD 120.82 USD 60.00 Sell Target Price Gregoire Cayeux 08/04/2020 11:10 USD 67.43 USD 57.00 Sell - Gregoire Cayeux Bhp Group (GB00BH0P3Z91) 07/06/2021 11:10 GBP 2170.00 GBP 2415.00 Hold Target Price Bruno Villeroil 16/03/2021 01:30 GBP 2179.50 GBP 2320.00 Hold Target Price & Rating Bruno Villeroil 16/12/2020 10:40 GBP 1952.20 GBP 1750.00 Reduce Target Price & Rating Bruno Villeroil 14/09/2020 18:04 GBP 1743.60 GBP 1390.00 Sell Target Price Bruno Villeroil 10/08/2020 15:55 GBP 1764.00 GBP 1321.00 Sell Target Price Gregoire Cayeux 05/06/2020 20:57 GBP 1669.00 GBP 1290.00 Sell Target Price Bruno Villeroil 05/05/2020 20:32 GBP 1284.80 GBP 1015.00 Sell Target Price & Rating Bruno Villeroil 28/03/2020 20:09 GBP 1187.60 GBP 1215.00 Hold - Gregoire Cayeux Bic (FR0000120966) 31/07/2021 11:11 EUR 57.15 EUR 77.00 Buy Target Price Gregoire Cayeux 29/04/2021 13:45 EUR 59.20 EUR 71.00 Buy Target Price Gregoire Cayeux 18/02/2021 15:53 EUR 45.62 EUR 61.00 Buy Target Price Gregoire Cayeux 27/11/2020 17:51 EUR 50.25 EUR 67.00 Buy Target Price Gregoire Cayeux 29/10/2020 17:22 EUR 39.72 EUR 58.00 Buy Target Price Gregoire Cayeux 15/07/2020 17:32 EUR 45.32 EUR 60.00 Buy Target Price & Rating Riadh Hendaoui 25/04/2020 08:21 EUR 47.92 EUR 48.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 55 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bic (FR0000120966) 08/04/2020 12:39 EUR 48.50 EUR 53.00 Hold - Gregoire Cayeux (DE0005909006) 12/08/2021 12:31 EUR 27.38 EUR 26.00 Reduce Rating Torben BUMANN 20/07/2021 16:07 EUR 23.20 EUR 26.00 Hold Rating Riadh Hendaoui 20/01/2021 11:13 EUR 29.18 EUR 26.00 Reduce Rating Torben BUMANN 26/11/2020 16:05 EUR 24.30 EUR 26.00 Hold Target Price & Rating Torben BUMANN 13/08/2020 13:10 EUR 17.24 EUR 14.60 Sell Rating Torben BUMANN 30/06/2020 14:49 EUR 16.51 EUR 14.60 Reduce Rating Torben BUMANN 18/05/2020 11:28 EUR 13.42 EUR 14.60 Hold Target Price & Rating Torben BUMANN 26/03/2020 12:01 EUR 14.75 EUR 38.50 Buy - Torben BUMANN Bilibili Inc (US0900401060) 30/07/2021 06:19 USD 92.56 USD 115.00 Buy Target Price Alexis TAY 18/05/2021 05:45 USD 96.87 USD 155.00 Buy Target Price Alexis TAY 01/03/2021 07:24 USD 125.97 USD 170.00 Buy Rating Alexis TAY 11/02/2021 08:31 USD 156.37 USD 170.00 Hold Target Price Alexis TAY 12/01/2021 04:26 USD 118.47 USD 115.00 Hold - Alexis TAY Biocartis (BE0974281132) 02/03/2021 13:06 EUR 4.45 EUR 6.00 Buy Target Price Gregoire Cayeux 03/09/2020 11:15 EUR 5.02 EUR 8.00 Buy - Gregoire Cayeux Biogen Inc. (US09062X1037) 09/07/2021 09:45 USD 369.05 USD 363.00 Hold Rating Gregoire Cayeux 10/06/2021 17:57 USD 406.94 USD 363.00 Reduce Target Price & Rating Mehdi Slimani 06/05/2021 10:09 USD 271.57 USD 228.00 Sell Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 56 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Biogen Inc. (US09062X1037) 23/04/2021 17:13 USD 259.00 USD 228.00 Reduce Target Price & Rating Mehdi Slimani 04/02/2021 09:56 USD 263.25 USD 223.00 Sell Target Price & Rating Mehdi Slimani 19/11/2020 10:04 USD 240.98 USD 254.00 Hold Rating Gregoire Cayeux 10/11/2020 09:55 USD 236.26 USD 254.00 Buy Target Price Mehdi Slimani 05/11/2020 15:42 USD 355.63 USD 385.00 Buy Target Price Mehdi Slimani 29/10/2020 21:18 USD 244.26 USD 271.00 Buy Rating Mehdi Slimani 22/10/2020 14:22 USD 268.91 USD 271.00 Hold Target Price & Rating Mehdi Slimani 01/10/2020 10:40 USD 283.68 USD 309.00 Buy Target Price Godfrey OYENIRAN 19/06/2020 10:04 USD 260.30 USD 389.00 Buy Target Price Mehdi Slimani 04/04/2020 13:18 USD 300.51 USD 413.00 Buy - Gregoire Cayeux Biomarin Pharmaceutical Inc. (US09061G1013) 01/10/2020 10:15 USD 76.08 USD 117.00 Buy Target Price Godfrey OYENIRAN 20/08/2020 10:08 USD 76.71 USD 105.00 Buy Target Price & Rating Mehdi Slimani 06/08/2020 10:47 USD 119.83 USD 119.00 Hold Rating Gregoire Cayeux 04/04/2020 17:55 USD 84.21 USD 119.00 Buy - Gregoire Cayeux Biomérieux (FR0013280286) 10/09/2021 09:56 EUR 110.45 EUR 100.00 Reduce Target Price Gregoire Cayeux 29/04/2021 18:24 EUR 99.52 EUR 90.00 Reduce Target Price Mehdi Slimani 26/02/2021 18:05 EUR 106.20 EUR 100.00 Reduce Rating Mehdi Slimani 14/12/2020 15:58 EUR 119.40 EUR 100.00 Sell Target Price Gregoire Cayeux 28/10/2020 17:59 EUR 129.50 EUR 105.00 Sell Rating Mehdi Slimani 03/09/2020 13:51 EUR 122.20 EUR 105.00 Reduce Target Price Gregoire Cayeux 08/06/2020 11:40 EUR 112.90 EUR 100.00 Reduce Target Price & Rating Mehdi Slimani 18/04/2020 15:19 EUR 107.40 EUR 85.00 Sell - Gregoire Cayeux

Date of publication: 23 September 2021 Page 57 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Blackberry Limited (CA09228F1036) 13/07/2021 06:12 USD 11.79 USD 13.00 Buy - Alexis TAY Blackrock, Inc. (US09247X1019) 19/07/2021 08:44 USD 875.02 USD 1010.00 Buy Target Price & Rating Godfrey OYENIRAN 13/07/2021 12:21 USD 915.92 USD 900.00 Hold Rating Godfrey OYENIRAN 16/04/2021 09:54 USD 817.84 USD 900.00 Buy Target Price Godfrey OYENIRAN 18/01/2021 09:14 USD 743.50 USD 850.00 Buy Target Price Godfrey OYENIRAN 20/11/2020 07:22 USD 673.48 USD 770.00 Buy Target Price Godfrey OYENIRAN 16/10/2020 09:12 USD 646.24 USD 730.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 12:48 USD 550.80 USD 633.00 Buy Target Price & Rating Godfrey OYENIRAN 21/07/2020 13:47 USD 579.60 USD 560.00 Hold Target Price Riadh Hendaoui 14/05/2020 11:58 USD 485.80 USD 500.00 Hold Rating Riadh Hendaoui 18/04/2020 09:40 USD 476.87 USD 500.00 Buy Target Price Gregoire Cayeux 02/04/2020 14:38 USD 409.54 USD 520.00 Buy - Riadh Hendaoui Blackstone Inc. (US09260D1072) 27/07/2021 11:33 USD 113.29 USD 122.00 Buy Target Price & Rating Godfrey OYENIRAN 13/07/2021 12:14 USD 101.93 USD 94.00 Hold Rating Godfrey OYENIRAN 29/04/2021 08:20 USD 82.96 USD 94.00 Buy Target Price Godfrey OYENIRAN 16/02/2021 03:58 USD 70.86 USD 78.00 Buy Target Price Godfrey OYENIRAN 29/01/2021 10:56 USD 65.16 USD 72.00 Buy Target Price Godfrey OYENIRAN 11/11/2020 08:06 USD 57.11 USD 64.00 Buy Target Price Godfrey OYENIRAN 11/11/2020 03:29 USD 50.29 USD 58.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 11:42 USD 51.30 USD 67.00 Buy - Timothy FUNG

Date of publication: 23 September 2021 Page 58 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Blue Moon Group Holdings Limited (KYG1193D1097) 26/08/2021 08:07 HKD 5.93 HKD 8.00 Buy Target Price Tony Lau 10/02/2021 10:16 HKD 15.36 HKD 20.00 Buy - Tony Lau Bmw (DE0005190003) 17/09/2021 19:08 EUR 82.07 EUR 114.00 Buy Target Price Bruno Villeroil 04/08/2021 16:12 EUR 80.52 EUR 118.00 Buy Target Price Bruno Villeroil 21/06/2021 20:22 EUR 90.95 EUR 125.00 Buy Target Price Bruno Villeroil 28/05/2021 16:37 EUR 87.68 EUR 121.00 Buy Target Price Bruno Villeroil 10/05/2021 20:14 EUR 83.64 EUR 124.00 Buy Target Price Gregoire Cayeux 19/03/2021 15:59 EUR 86.12 EUR 97.00 Buy Target Price & Rating Bruno Villeroil 15/03/2021 15:35 EUR 77.48 EUR 84.00 Hold Target Price Bruno Villeroil 30/11/2020 13:44 EUR 73.09 EUR 79.00 Hold Target Price & Rating Gregoire Cayeux 19/11/2020 16:44 EUR 73.87 EUR 72.00 Reduce Target Price & Rating Bruno Villeroil 19/10/2020 16:26 EUR 63.12 EUR 68.00 Hold Target Price & Rating Bruno Villeroil 07/08/2020 20:24 EUR 55.23 EUR 65.00 Buy Target Price Riadh Hendaoui 23/06/2020 21:20 EUR 57.36 EUR 67.00 Buy Target Price Bruno Villeroil 20/04/2020 19:42 EUR 51.91 EUR 63.00 Buy Target Price Gregoire Cayeux 03/04/2020 11:33 EUR 44.86 EUR 62.00 Buy - Bruno Villeroil Boc Aviation (SG9999015267) 21/04/2021 08:20 HKD 70.95 Conflict of Interest Target Price & Rating Tony Lau 24/04/2020 02:46 HKD 53.40 HKD 52.00 Hold - Tony Lau Boe Technology (A-Share) (CNE0000016L5) 29/04/2021 11:35 CNY 7.24 CNY 8.17 Buy Target Price Tony Lau 05/11/2020 09:22 CNY 5.04 CNY 6.50 Buy Target Price Tony Lau

Date of publication: 23 September 2021 Page 59 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Boe Technology (A-Share) (CNE0000016L5) 29/09/2020 11:56 CNY 4.87 CNY 6.57 Buy Target Price Tony Lau 07/09/2020 11:29 CNY 5.62 CNY 6.50 Buy Target Price Tony Lau 15/05/2020 11:22 CNY 3.86 CNY 5.00 Buy - Tony Lau Bois Sauvage (BE0003592038) 09/09/2020 12:25 EUR 331.00 EUR 355.00 Hold Target Price & Rating Gregoire Cayeux 13/08/2020 10:51 EUR 285.00 EUR 397.00 Buy Target Price Patrick Casselman 09/04/2020 12:31 EUR 318.00 EUR 374.00 Buy - Rudy De Groodt Bolloré (FR0000039299) 02/08/2021 10:39 EUR 4.71 EUR 5.00 Hold Target Price Gregoire Cayeux 05/03/2021 13:46 EUR 4.06 EUR 4.40 Hold Target Price Gregoire Cayeux 11/02/2021 11:10 EUR 3.59 EUR 3.80 Hold - Gregoire Cayeux Booking Holdings Inc. (US09857L1089) 06/08/2021 08:13 USD 2207.71 USD 2500.00 Buy Target Price Gregoire Cayeux 26/02/2021 09:32 USD 2273.20 USD 2700.00 Buy Target Price Gregoire Cayeux 12/11/2020 08:28 USD 2000.02 USD 2200.00 Buy Target Price Alexis TAY 01/10/2020 10:09 USD 1657.77 USD 2000.00 Buy Target Price Tony Lau 11/08/2020 09:52 USD 1768.58 USD 1870.00 Buy Target Price Gregoire Cayeux 25/06/2020 10:54 USD 1610.33 USD 1950.00 Buy Target Price & Rating Gregoire Cayeux 09/04/2020 17:07 USD 1420.64 Conflict of Interest Target Price & Rating Gregoire Cayeux 28/03/2020 09:41 USD 1255.15 USD 1950.00 Buy - Gregoire Cayeux Borgwarner Inc. (US0997241064) 06/05/2021 12:41 USD 51.12 USD 65.00 Buy Target Price Gregoire Cayeux 12/02/2021 19:19 USD 42.84 USD 60.00 Buy Target Price & Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 60 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Borgwarner Inc. (US0997241064) 30/10/2020 15:57 USD 35.44 USD 40.00 Hold Rating Bruno Villeroil 01/10/2020 10:10 USD 38.74 USD 40.00 Buy Target Price Tony Lau 02/04/2020 17:12 USD 22.66 USD 60.00 Buy - Bruno Villeroil Boston Scientific Corporation (US1011371077) 28/07/2021 13:08 USD 45.51 USD 52.00 Buy Target Price Bruno Villeroil 29/04/2021 21:39 USD 44.24 USD 51.00 Buy Target Price Mehdi Slimani 04/02/2021 09:37 USD 37.45 USD 44.00 Buy Target Price Mehdi Slimani 19/11/2020 08:32 USD 34.26 USD 43.00 Buy Target Price Gregoire Cayeux 29/10/2020 20:58 USD 34.07 USD 46.00 Buy Target Price Mehdi Slimani 01/10/2020 10:43 USD 38.21 USD 47.00 Buy Target Price & Rating Godfrey OYENIRAN 30/07/2020 10:31 USD 39.81 USD 33.00 Sell Target Price & Rating Mehdi Slimani 21/05/2020 19:25 USD 34.79 Conflict of Interest Target Price & Rating Gregoire Cayeux 30/04/2020 09:23 USD 37.43 USD 29.00 Sell - Mehdi Slimani Bouygues (FR0000120503) 15/09/2021 22:00 EUR 36.04 EUR 40.00 Buy Target Price & Rating Bruno Villeroil 01/06/2021 18:48 EUR 33.70 Conflict of Interest Target Price & Rating Gregoire Cayeux 06/05/2021 23:04 EUR 34.69 EUR 40.00 Buy Target Price Gregoire Cayeux 19/03/2021 16:35 EUR 35.18 EUR 41.00 Buy Target Price & Rating Bruno Villeroil 10/03/2021 18:24 EUR 35.08 Conflict of Interest Target Price & Rating Gregoire Cayeux 19/02/2021 16:36 EUR 33.83 EUR 39.00 Buy Target Price Bruno Villeroil 22/01/2021 16:38 EUR 34.50 EUR 38.50 Buy Target Price Bruno Villeroil 16/07/2020 14:06 EUR 32.61 EUR 38.00 Buy Target Price Mehdi Slimani 17/06/2020 18:27 EUR 28.79 EUR 36.00 Buy Target Price Bruno Villeroil 15/05/2020 18:28 EUR 24.75 EUR 35.00 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 61 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bouygues (FR0000120503) 03/05/2020 19:25 EUR 28.11 EUR 34.00 Buy Target Price Bruno Villeroil 01/04/2020 00:45 EUR 27.53 EUR 35.00 Buy - Bruno Villeroil Bp (GB0007980591) 04/08/2021 14:05 GBP 306.10 GBP 345.00 Buy Rating Mehdi Slimani 05/07/2021 15:47 GBP 321.40 GBP 345.00 Hold Target Price Gregoire Cayeux 13/04/2021 19:13 GBP 298.40 GBP 330.00 Hold Target Price & Rating Gregoire Cayeux 15/12/2020 18:07 GBP 269.75 GBP 300.00 Buy Target Price Mehdi Slimani 29/10/2020 15:09 GBP 193.44 GBP 265.00 Buy Target Price Mehdi Slimani 10/07/2020 10:13 GBP 290.00 GBP 350.00 Buy Rating Mehdi Slimani 30/04/2020 21:18 GBP 333.50 GBP 350.00 Hold - Gregoire Cayeux Bpost (BE0974268972) 06/08/2021 12:11 EUR 9.67 EUR 10.50 Hold Rating Gregoire Cayeux 15/03/2021 11:53 EUR 8.25 EUR 10.50 Buy Rating Gregoire Cayeux 08/12/2020 10:54 EUR 9.94 EUR 10.50 Hold Rating Gregoire Cayeux 16/11/2020 14:03 EUR 9.08 EUR 10.50 Buy Target Price & Rating Gregoire Cayeux 04/11/2020 11:03 EUR 7.94 EUR 8.50 Hold Rating Gregoire Cayeux 05/08/2020 10:55 EUR 6.11 EUR 8.50 Buy Target Price Patrick Casselman 06/05/2020 14:25 EUR 6.12 EUR 10.00 Buy - Patrick Casselman Brederode (LU1068091351) 22/09/2021 12:01 EUR 109.80 EUR 127.00 Buy Target Price & Rating Gregoire Cayeux 31/07/2021 00:11 EUR 106.80 EUR 107.00 Hold Target Price & Rating Riadh Hendaoui 08/05/2021 09:36 EUR 102.60 EUR 91.00 Reduce Target Price Gregoire Cayeux 12/03/2021 11:59 EUR 88.20 EUR 80.00 Reduce Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 62 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Brederode (LU1068091351) 09/09/2020 12:11 EUR 76.50 EUR 80.00 Hold Target Price & Rating Gregoire Cayeux 04/09/2020 11:23 EUR 75.90 EUR 65.20 Reduce Target Price & Rating Gregoire Cayeux 14/05/2020 12:41 EUR 69.70 EUR 71.00 Hold - Rudy De Groodt Brembo (IT0005252728) 30/07/2021 17:39 EUR 11.58 EUR 10.70 Reduce Target Price Bruno Villeroil 02/02/2021 16:41 EUR 11.03 EUR 10.00 Reduce Target Price Bruno Villeroil 10/11/2020 17:32 EUR 9.55 EUR 9.30 Reduce Target Price & Rating Bruno Villeroil 03/08/2020 11:09 EUR 7.64 EUR 8.60 Hold Target Price Bruno Villeroil 13/05/2020 02:00 EUR 7.26 EUR 8.00 Hold Target Price Bruno Villeroil 16/04/2020 09:14 EUR 6.44 EUR 6.60 Hold - Gregoire Cayeux Brenntag (DE000A1DAHH0) 10/03/2021 17:51 EUR 67.42 EUR 66.00 Reduce Target Price Torben BUMANN 04/11/2020 14:57 EUR 57.44 EUR 56.00 Reduce Rating Torben BUMANN 22/10/2020 10:57 EUR 54.36 EUR 56.00 Hold Target Price & Rating Torben BUMANN 16/09/2020 11:44 EUR 55.08 EUR 55.00 Reduce Target Price & Rating Torben BUMANN 24/07/2020 11:54 EUR 53.66 EUR 44.00 Sell Rating Torben BUMANN 11/05/2020 11:28 EUR 44.24 EUR 44.00 Reduce Target Price & Rating Torben BUMANN 04/05/2020 14:32 EUR 41.58 EUR 42.00 Hold - Torben BUMANN Brilliance China Automotive (BMG1368B1028) 01/04/2021 11:31 HKD 7.30 HKD 8.00 Hold Target Price & Rating Tony Lau 02/02/2021 08:00 HKD 6.15 HKD 7.40 Buy Target Price Tony Lau 15/07/2020 10:14 HKD 8.12 HKD 9.00 Buy Target Price Tony Lau 30/06/2020 11:52 HKD 7.19 HKD 9.70 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 63 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Brilliance China Automotive (BMG1368B1028) 05/05/2020 06:23 HKD 7.21 HKD 9.60 Buy Target Price Alexis TAY 24/03/2020 04:52 HKD 5.50 HKD 10.00 Buy - Alexis TAY Bristol-Myers Squibb Company (US1101221083) 29/07/2021 17:34 USD 68.73 USD 74.00 Buy Target Price Bruno Villeroil 03/05/2021 10:06 USD 62.42 USD 72.00 Buy Target Price Mehdi Slimani 07/11/2020 14:48 USD 63.80 USD 75.00 Buy Target Price Gregoire Cayeux 01/10/2020 13:19 USD 58.76 USD 70.00 Buy Target Price Godfrey OYENIRAN 03/06/2020 11:18 USD 60.65 USD 68.00 Buy Target Price & Rating Mehdi Slimani 09/05/2020 15:04 USD 61.05 USD 64.00 Hold Rating Gregoire Cayeux 04/04/2020 14:54 USD 55.53 USD 64.00 Buy - Gregoire Cayeux British Land (GB0001367019) 06/05/2021 15:22 GBP 520.80 GBP 500.00 Reduce Rating Gregoire Cayeux 05/02/2021 19:48 GBP 442.70 GBP 500.00 Buy Target Price & Rating Gregoire Cayeux 29/10/2020 19:03 GBP 349.80 GBP 410.00 Hold Target Price & Rating Gregoire Cayeux 05/06/2020 12:43 GBP 451.70 GBP 430.00 Reduce - Gregoire Cayeux Broadcom Inc. (US11135F1012) 13/09/2021 11:49 USD 493.16 USD 530.00 Buy Target Price Alexis TAY 22/01/2021 09:55 USD 459.27 USD 510.00 Buy Target Price Alexis TAY 16/12/2020 11:14 USD 410.04 USD 440.00 Buy Target Price & Rating Alexis TAY 21/10/2020 12:46 USD 380.30 USD 390.00 Hold Rating Alexis TAY 01/10/2020 12:04 USD 351.79 USD 390.00 Buy Target Price & Rating Alexis TAY 05/09/2020 09:22 USD 362.95 USD 320.00 Reduce - Gregoire Cayeux

Date of publication: 23 September 2021 Page 64 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bt Group (GB0030913577) 07/04/2021 18:42 GBP 152.65 GBP 100.00 Sell Target Price Mehdi Slimani 19/03/2021 17:49 GBP 151.30 GBP 95.00 Sell Target Price Mehdi Slimani 04/08/2020 22:26 GBP 98.02 GBP 75.00 Sell Target Price Riadh Hendaoui 28/04/2020 18:17 GBP 117.35 GBP 85.00 Sell Target Price Mehdi Slimani 30/03/2020 17:59 GBP 119.40 GBP 100.00 Sell - Mehdi Slimani Bucher (CH0002432174) 17/08/2021 11:42 CHF 483.20 CHF 530.00 Hold Target Price Torben BUMANN 21/04/2021 15:02 CHF 488.60 CHF 520.00 Hold Target Price & Rating Torben BUMANN 26/03/2021 17:29 CHF 468.40 CHF 470.00 Reduce Rating Torben BUMANN 01/02/2021 18:31 CHF 423.60 CHF 470.00 Hold Target Price Torben BUMANN 11/01/2021 11:42 CHF 421.20 CHF 465.00 Hold Target Price Torben BUMANN 02/11/2020 14:46 CHF 353.00 CHF 395.00 Hold Target Price & Rating Torben BUMANN 27/10/2020 12:02 CHF 343.20 CHF 385.00 Buy Rating Torben BUMANN 22/10/2020 10:48 CHF 349.60 CHF 385.00 Hold Target Price Torben BUMANN 07/08/2020 10:53 CHF 312.20 CHF 330.00 Hold Target Price & Rating Gregoire Cayeux 04/08/2020 16:05 CHF 309.00 CHF 300.00 Reduce Rating Bruno Villeroil 21/07/2020 11:55 CHF 285.80 CHF 300.00 Hold Rating Torben BUMANN 05/05/2020 10:34 CHF 259.60 CHF 300.00 Buy Rating Torben BUMANN 28/04/2020 11:47 CHF 269.40 CHF 300.00 Hold Rating Torben BUMANN 26/03/2020 17:37 CHF 246.00 CHF 300.00 Buy - Torben BUMANN Bukit Asam (ID1000094006) 25/09/2020 06:49 IDR 2000.00 IDR 2350.00 Buy Target Price & Rating Maggie Yeo 29/07/2020 08:21 IDR 2080.00 IDR 2170.00 Hold Target Price Maggie Yeo 14/05/2020 07:42 IDR 1905.00 IDR 2060.00 Hold - Maggie Yeo

Date of publication: 23 September 2021 Page 65 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bumi Serpong Damai (ID1000110802) 17/02/2021 04:27 IDR 1205.00 IDR 1430.00 Buy Target Price Maggie Yeo 22/07/2020 08:24 IDR 735.00 IDR 1120.00 Buy Target Price Maggie Yeo 31/03/2020 07:35 IDR 740.00 IDR 1520.00 Buy - Maggie Yeo Bumrungrad Hospital (TH0168A10Z01) 19/02/2021 08:51 THB 126.00 THB 140.50 Hold Target Price & Rating Maggie Yeo 25/09/2020 05:11 THB 106.00 THB 119.00 Buy Target Price & Rating Maggie Yeo 19/08/2020 08:15 THB 116.00 THB 112.00 Hold Target Price & Rating Maggie Yeo 08/05/2020 11:01 THB 113.00 THB 98.00 Reduce Target Price & Rating Maggie Yeo 30/04/2020 09:25 THB 118.00 THB 147.00 Buy - Maggie Yeo Burberry (GB0031743007) 05/08/2021 16:22 GBP 2160.00 GBP 2750.00 Buy Target Price Gregoire Cayeux 02/06/2021 13:45 GBP 2108.00 GBP 2700.00 Buy Target Price & Rating Gregoire Cayeux 17/03/2021 07:48 GBP 2091.00 GBP 2100.00 Hold Target Price Gregoire Cayeux 15/01/2021 20:19 GBP 1732.00 GBP 1900.00 Hold Target Price Gregoire Cayeux 18/04/2020 17:42 GBP 1471.50 GBP 1600.00 Hold - Gregoire Cayeux Bureau Veritas (FR0006174348) 06/08/2021 12:37 EUR 28.74 EUR 30.00 Hold Target Price Gregoire Cayeux 09/07/2021 13:56 EUR 26.54 EUR 29.00 Hold Target Price Gregoire Cayeux 24/04/2021 14:03 EUR 25.37 EUR 28.00 Hold Target Price Gregoire Cayeux 17/04/2021 19:51 EUR 24.80 EUR 27.50 Hold Target Price & Rating Gregoire Cayeux 07/12/2020 18:03 EUR 22.30 EUR 26.00 Buy Target Price & Rating Gregoire Cayeux 23/10/2020 21:52 EUR 19.20 EUR 20.00 Hold Target Price Bruno Villeroil 31/07/2020 16:35 EUR 18.56 EUR 19.00 Hold Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 66 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Bureau Veritas (FR0006174348) 10/07/2020 19:27 EUR 19.18 EUR 20.00 Hold Target Price Gregoire Cayeux 24/04/2020 12:40 EUR 18.70 EUR 19.00 Hold Target Price & Rating Bruno Villeroil 06/04/2020 14:05 EUR 17.22 EUR 21.00 Buy - Gregoire Cayeux (MYL1818OO003) 04/02/2021 04:50 MYR 9.35 MYR 10.60 Buy Target Price & Rating Maggie Yeo 28/10/2020 07:12 MYR 8.52 MYR 9.20 Hold Target Price Maggie Yeo 04/08/2020 08:33 MYR 9.60 MYR 10.40 Hold - Maggie Yeo Buzzi Unicem (IT0001347308) 09/09/2021 19:03 EUR 21.81 EUR 24.50 Hold Target Price & Rating Bruno Villeroil 22/06/2021 20:15 EUR 22.70 EUR 25.50 Buy Target Price & Rating Bruno Villeroil 09/05/2021 09:15 EUR 22.70 EUR 25.00 Hold Target Price & Rating Gregoire Cayeux 26/03/2021 17:47 EUR 21.25 EUR 25.50 Buy Target Price Bruno Villeroil 28/01/2021 20:29 EUR 20.13 EUR 30.50 Buy Target Price Bruno Villeroil 11/11/2020 16:43 EUR 20.80 EUR 28.00 Buy Target Price Gregoire Cayeux 06/10/2020 15:45 EUR 20.06 EUR 26.50 Buy Target Price Bruno Villeroil 07/08/2020 14:30 EUR 20.43 EUR 27.00 Buy Target Price Gregoire Cayeux 09/07/2020 21:08 EUR 19.21 EUR 25.50 Buy Target Price Bruno Villeroil 17/06/2020 16:38 EUR 19.56 EUR 24.00 Buy Target Price Bruno Villeroil 14/05/2020 10:13 EUR 16.10 EUR 21.00 Buy Target Price Bruno Villeroil 26/03/2020 11:00 EUR 16.20 EUR 21.50 Buy - Bruno Villeroil Byd (CNE100000296) 30/03/2021 11:42 HKD 168.00 HKD 250.00 Buy Target Price Tony Lau 21/01/2021 04:30 HKD 244.00 HKD 325.00 Buy Target Price & Rating Tony Lau

Date of publication: 23 September 2021 Page 67 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Byd (CNE100000296) 03/11/2020 10:30 HKD 173.70 HKD 195.00 Hold Target Price Tony Lau 08/10/2020 05:56 HKD 122.10 HKD 140.00 Hold Target Price Tony Lau 16/09/2020 04:34 HKD 97.30 HKD 98.00 Hold Rating Tony Lau 14/07/2020 07:44 HKD 89.80 HKD 98.00 Buy Target Price & Rating Tony Lau 01/06/2020 12:19 HKD 43.50 HKD 25.70 Sell Target Price Tony Lau 24/04/2020 05:33 HKD 43.25 HKD 32.80 Sell Rating Tony Lau 03/04/2020 09:26 HKD 39.30 HKD 32.80 Reduce Target Price Tony Lau 31/03/2020 10:02 HKD 38.60 HKD 37.50 Reduce - Tony Lau Byd Electronic (HK0285041858) 29/04/2021 11:48 HKD 48.60 HKD 55.10 Buy - Tony Lau C.H. Robinson Worldwide, Inc. (US12541W2098) 25/08/2021 01:28 USD 89.53 USD 96.00 Buy Rating Mehdi Slimani 29/07/2021 17:26 USD 88.51 USD 96.00 Hold Target Price Bruno Villeroil 06/04/2021 10:32 USD 97.68 USD 105.00 Hold Rating Gregoire Cayeux 28/01/2021 12:47 USD 91.52 USD 105.00 Buy Target Price & Rating Bruno Villeroil 29/10/2020 19:28 USD 88.58 USD 93.00 Hold Target Price & Rating Bruno Villeroil 01/10/2020 13:21 USD 101.17 USD 83.00 Sell Target Price Maggie Yeo 30/07/2020 16:59 USD 95.28 USD 80.00 Sell Target Price & Rating Bruno Villeroil 01/05/2020 18:02 USD 70.90 USD 76.00 Buy - Gregoire Cayeux Cadence Design Systems, Inc. (US1273871087) 30/07/2021 06:37 USD 143.27 USD 178.00 Buy Target Price Alexis TAY 30/04/2021 08:24 USD 133.27 USD 172.00 Buy Target Price Alexis TAY 05/03/2021 04:41 USD 147.44 USD 164.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 68 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Cadence Design Systems, Inc. (US1273871087) 23/10/2020 08:08 USD 112.61 USD 137.00 Buy Target Price & Rating Alexis TAY 01/10/2020 12:42 USD 102.83 USD 104.00 Hold - Alexis TAY Caf (ES0121975009) 26/02/2021 18:33 EUR 36.15 EUR 46.00 Buy Target Price & Rating Gregoire Cayeux 12/11/2020 19:16 EUR 32.20 EUR 36.00 Hold Rating Gregoire Cayeux 23/10/2020 18:26 EUR 29.25 EUR 36.00 Buy Target Price Bruno Villeroil 07/09/2020 13:10 EUR 29.50 EUR 37.50 Buy Target Price Gregoire Cayeux 31/07/2020 18:08 EUR 30.30 EUR 36.50 Buy Target Price Bruno Villeroil 02/04/2020 15:35 EUR 27.25 EUR 38.00 Buy - Gregoire Cayeux Caixabank (ES0140609019) 02/08/2021 19:18 EUR 2.50 EUR 3.40 Buy Target Price Gregoire Cayeux 29/03/2021 15:20 EUR 2.61 EUR 3.30 Buy Target Price Riadh Hendaoui 02/02/2021 02:13 EUR 2.02 EUR 2.90 Buy Target Price Riadh Hendaoui 22/09/2020 10:20 EUR 1.95 EUR 2.70 Buy Target Price Riadh Hendaoui 03/08/2020 22:10 EUR 1.82 EUR 2.60 Buy Target Price Riadh Hendaoui 25/06/2020 13:33 EUR 1.85 EUR 2.50 Buy Target Price Riadh Hendaoui 02/05/2020 10:12 EUR 1.64 EUR 2.40 Buy Target Price Riadh Hendaoui 31/03/2020 20:49 EUR 1.67 EUR 2.55 Buy - Riadh Hendaoui Canon (JP3242800005) 21/07/2021 09:19 JPY 2514.50 JPY 3075.00 Buy Target Price & Rating Maggie Yeo 28/04/2021 04:05 JPY 2652.00 JPY 2750.00 Hold Target Price Maggie Yeo 27/04/2021 03:29 JPY 2532.00 JPY 2575.00 Hold Target Price & Rating Maggie Yeo 15/01/2021 08:48 JPY 2074.50 JPY 2250.00 Buy Target Price & Rating Maggie Yeo

Date of publication: 23 September 2021 Page 69 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Canon (JP3242800005) 28/10/2020 07:02 JPY 1932.00 JPY 1940.00 Hold Target Price & Rating Maggie Yeo 30/07/2020 05:51 JPY 1797.50 JPY 1450.00 Reduce Target Price & Rating Maggie Yeo 04/05/2020 09:27 JPY 2217.00 JPY 1750.00 Sell Target Price & Rating Maggie Yeo 24/04/2020 10:54 JPY 2145.00 JPY 2000.00 Hold Target Price & Rating Maggie Yeo 03/04/2020 08:06 JPY 2160.00 JPY 2400.00 Buy - Maggie Yeo Canopy Growth Corporation (CA1380351009) 09/08/2021 10:34 CAD 24.15 CAD 30.00 Buy Target Price Mehdi Slimani 02/06/2021 09:04 CAD 29.33 CAD 45.00 Buy Target Price Gregoire Cayeux 10/02/2021 08:05 CAD 62.35 CAD 75.00 Buy Target Price Gregoire Cayeux 07/01/2021 09:25 CAD 38.14 CAD 60.00 Buy Target Price Mehdi Slimani 11/11/2020 11:43 CAD 30.89 CAD 50.00 Buy Target Price Gregoire Cayeux 01/10/2020 14:36 CAD 18.96 CAD 35.00 Buy Target Price Godfrey OYENIRAN 12/08/2020 11:53 CAD 22.56 CAD 40.00 Buy Target Price Gregoire Cayeux 02/06/2020 10:51 CAD 22.26 CAD 41.00 Buy Target Price Mehdi Slimani 24/03/2020 10:26 CAD 18.13 CAD 60.00 Buy - Mehdi Slimani Capgemini (FR0000125338) 10/09/2021 12:46 EUR 189.50 EUR 245.00 Buy Target Price Riadh Hendaoui 29/07/2021 14:01 EUR 177.55 EUR 200.00 Buy Target Price & Rating Riadh Hendaoui 14/07/2021 14:57 EUR 168.75 EUR 185.00 Hold Target Price & Rating Riadh Hendaoui 29/04/2021 17:58 EUR 151.80 EUR 175.00 Buy Target Price Riadh Hendaoui 16/03/2021 14:16 EUR 143.95 EUR 170.00 Buy Target Price Riadh Hendaoui 18/02/2021 16:30 EUR 135.50 EUR 160.00 Buy Target Price Riadh Hendaoui 12/01/2021 12:48 EUR 123.30 EUR 145.00 Buy Target Price Riadh Hendaoui 28/10/2020 15:48 EUR 101.25 EUR 140.00 Buy Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 70 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Capgemini (FR0000125338) 07/09/2020 15:59 EUR 117.00 EUR 145.00 Buy Target Price & Rating Riadh Hendaoui 30/07/2020 01:54 EUR 104.85 EUR 115.00 Hold Target Price & Rating Riadh Hendaoui 16/04/2020 14:45 EUR 77.02 EUR 110.00 Buy Target Price Riadh Hendaoui 06/04/2020 14:45 EUR 67.52 EUR 95.00 Buy - Gregoire Cayeux Capital One Financial Corporation (US14040H1059) 29/07/2021 07:58 USD 162.34 USD 135.00 Sell Target Price Godfrey OYENIRAN 30/04/2021 11:16 USD 144.36 USD 110.00 Sell Target Price Godfrey OYENIRAN 28/01/2021 09:12 USD 102.69 USD 80.00 Sell Target Price Godfrey OYENIRAN 29/10/2020 02:54 USD 74.06 USD 66.00 Sell Target Price Godfrey OYENIRAN 01/10/2020 14:37 USD 68.13 USD 45.00 Sell Target Price & Rating Godfrey OYENIRAN 23/07/2020 10:18 USD 64.05 USD 80.00 Buy Target Price Riadh Hendaoui 29/06/2020 18:16 USD 61.16 USD 88.00 Buy Target Price & Rating Riadh Hendaoui 12/06/2020 12:53 USD 66.12 No Opinion Target Price & Rating Riadh Hendaoui 31/03/2020 09:53 USD 53.87 USD 124.00 Buy - Riadh Hendaoui Capitaland (SG1J27887962) 16/08/2021 09:36 SGD 4.09 SGD 4.95 Buy Target Price Maggie Yeo 18/06/2021 09:27 SGD 3.71 SGD 4.35 Buy Target Price & Rating Maggie Yeo 11/06/2021 03:20 SGD 3.74 Conflict of Interest Target Price & Rating Maggie Yeo 09/04/2021 08:59 SGD 3.78 SGD 4.35 Buy Target Price Maggie Yeo 23/03/2021 03:33 SGD 3.31 SGD 4.10 Buy Target Price Maggie Yeo 25/02/2021 04:45 SGD 3.15 SGD 3.65 Buy Rating Maggie Yeo 26/01/2021 07:37 SGD 3.27 SGD 3.65 Hold Target Price & Rating Maggie Yeo 08/06/2020 09:36 SGD 3.17 SGD 3.95 Buy Target Price Maggie Yeo 20/04/2020 05:08 SGD 2.98 SGD 4.30 Buy - Maggie Yeo

Date of publication: 23 September 2021 Page 71 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Capitaland Integrated Commercial Trust (SG1M51904654) 10/06/2021 11:40 SGD 2.15 SGD 2.65 Buy Target Price Maggie Yeo 21/05/2021 05:12 SGD 2.06 SGD 2.33 Buy Target Price Maggie Yeo 28/04/2021 04:03 SGD 2.19 SGD 2.50 Buy Target Price Maggie Yeo 23/10/2020 08:25 SGD 1.89 SGD 2.65 Buy Target Price Maggie Yeo 08/06/2020 10:04 SGD 2.12 SGD 2.45 Buy Target Price Maggie Yeo 08/05/2020 04:15 SGD 1.84 SGD 2.55 Buy Target Price Maggie Yeo 02/04/2020 09:58 SGD 1.73 SGD 2.80 Buy - Maggie Yeo Cardinal Health, Inc. (US14149Y1082) 09/08/2021 09:46 USD 50.99 USD 56.00 Buy Rating Mehdi Slimani 09/05/2021 15:23 USD 56.54 USD 56.00 Hold Target Price & Rating Gregoire Cayeux 20/04/2021 19:41 USD 61.23 USD 66.00 Buy Target Price Mehdi Slimani 01/10/2020 13:20 USD 47.08 USD 62.00 Buy - Godfrey OYENIRAN Carl Zeiss Meditec (DE0005313704) 22/07/2021 21:32 EUR 176.35 EUR 180.00 Hold Target Price & Rating Riadh Hendaoui 19/07/2021 21:30 EUR 172.50 EUR 145.00 Sell Rating Riadh Hendaoui 16/04/2021 14:39 EUR 145.60 EUR 145.00 Reduce Target Price & Rating Torben BUMANN 30/10/2020 14:53 EUR 109.50 EUR 80.00 Sell Rating Torben BUMANN 17/07/2020 10:32 EUR 88.95 EUR 80.00 Reduce Rating Torben BUMANN 11/05/2020 11:13 EUR 95.30 EUR 80.00 Sell Rating Torben BUMANN 03/04/2020 12:09 EUR 82.50 EUR 80.00 Reduce - Torben BUMANN Carlsberg (DK0010181759) 19/08/2021 14:40 DKK 1132.00 DKK 1200.00 Hold Target Price Gregoire Cayeux 15/06/2021 23:20 DKK 1138.00 DKK 1170.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 72 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Carlsberg (DK0010181759) 29/04/2021 17:08 DKK 1077.00 DKK 1070.00 Hold Target Price Gregoire Cayeux 07/04/2021 12:40 DKK 1003.00 DKK 1010.00 Hold Target Price Gregoire Cayeux 08/02/2021 14:29 DKK 964.80 DKK 1025.00 Hold Target Price & Rating Gregoire Cayeux 29/10/2020 18:16 DKK 824.20 DKK 950.00 Buy Rating Gregoire Cayeux 14/08/2020 13:23 DKK 885.60 DKK 950.00 Hold Target Price Gregoire Cayeux 13/07/2020 15:59 DKK 926.60 DKK 970.00 Hold Target Price Mehdi Slimani 01/07/2020 08:35 DKK 876.60 DKK 910.00 Hold Target Price Gregoire Cayeux 01/05/2020 17:33 DKK 858.60 DKK 860.00 Hold - Gregoire Cayeux Carrefour (FR0000120172) 31/08/2021 18:37 EUR 16.85 Conflict of Interest Target Price & Rating Gregoire Cayeux 12/07/2021 19:07 EUR 16.35 EUR 19.00 Buy Target Price Riadh Hendaoui 22/04/2021 18:56 EUR 15.86 EUR 18.50 Buy Target Price Gregoire Cayeux 25/02/2021 14:27 EUR 14.56 EUR 18.00 Buy Target Price Gregoire Cayeux 03/08/2020 18:04 EUR 13.50 EUR 20.00 Buy Target Price Riadh Hendaoui 21/04/2020 14:22 EUR 14.12 EUR 19.00 Buy - Gregoire Cayeux Carvana Co. (US1468691027) 06/08/2021 08:34 USD 337.00 USD 360.00 Hold Target Price Gregoire Cayeux 07/05/2021 12:19 USD 263.45 USD 260.00 Hold - Gregoire Cayeux Casino (FR0000125585) 10/06/2021 14:05 EUR 27.59 EUR 27.00 Reduce Target Price & Rating Gregoire Cayeux 29/03/2021 18:13 EUR 27.99 Conflict of Interest Target Price & Rating Gregoire Cayeux 01/03/2021 13:07 EUR 26.58 EUR 26.00 Reduce Target Price & Rating Gregoire Cayeux 06/01/2021 17:49 EUR 25.92 EUR 27.00 Hold Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 73 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Casino (FR0000125585) 30/07/2020 19:47 EUR 26.06 EUR 26.00 Reduce Target Price & Rating Mehdi Slimani 21/07/2020 16:23 EUR 28.19 EUR 34.50 Buy - Riadh Hendaoui Catcher Technology (TW0002474004) 07/06/2021 12:28 TWD 182.00 TWD 147.00 Sell Target Price & Rating Tony Lau 05/11/2020 10:54 TWD 183.50 TWD 188.00 Hold Target Price Tony Lau 16/10/2020 10:49 TWD 177.50 TWD 171.00 Hold Rating Tony Lau 18/09/2020 11:03 TWD 186.00 TWD 171.00 Reduce - Tony Lau Caterpillar Inc. (US1491231015) 03/08/2021 12:15 USD 205.16 USD 240.00 Buy Target Price Bruno Villeroil 18/03/2021 15:52 USD 233.63 USD 266.00 Buy Target Price Bruno Villeroil 18/01/2021 11:36 USD 194.62 USD 224.00 Buy Target Price Bruno Villeroil 28/10/2020 11:56 USD 157.91 USD 186.00 Buy Target Price Bruno Villeroil 01/10/2020 13:17 USD 147.15 USD 156.00 Buy Target Price Maggie Yeo 01/04/2020 12:05 USD 116.04 USD 148.00 Buy - Bruno Villeroil Cathay Fhc (TW0002882008) 08/07/2021 11:46 TWD 54.00 TWD 58.00 Hold - Tony Lau Cathay Pacific Airways (HK0293001514) 19/03/2021 10:49 HKD 7.89 HKD 8.00 Hold Target Price & Rating Tony Lau 28/01/2021 03:11 HKD 5.95 Conflict of Interest Target Price & Rating Tony Lau 23/12/2020 04:18 HKD 7.05 HKD 7.50 Hold Target Price & Rating Tony Lau 09/06/2020 10:15 HKD 8.81 Conflict of Interest - Tony Lau Catl (A-Share) (CNE100003662) 31/03/2020 10:09 CNY 119.31 CNY 130.00 Hold - Tony Lau

Date of publication: 23 September 2021 Page 74 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Cboe Global Markets, Inc. (US12503M1080) 04/08/2021 10:31 USD 120.68 USD 130.00 Buy Target Price & Rating Godfrey OYENIRAN 14/07/2021 04:51 USD 118.24 USD 118.00 Hold Rating Godfrey OYENIRAN 03/05/2021 09:39 USD 104.37 USD 118.00 Buy Target Price & Rating Godfrey OYENIRAN 05/03/2021 10:16 USD 98.22 USD 98.00 Hold Rating Godfrey OYENIRAN 16/02/2021 03:25 USD 89.56 USD 98.00 Buy Rating Godfrey OYENIRAN 12/01/2021 11:19 USD 99.80 USD 98.00 Hold Rating Godfrey OYENIRAN 03/11/2020 08:00 USD 81.29 USD 98.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 12:45 USD 89.84 USD 112.00 Buy - Godfrey OYENIRAN Cbre Group, Inc. (US12504L1098) 30/04/2021 19:01 USD 85.15 USD 99.00 Hold Target Price & Rating Gregoire Cayeux 24/02/2021 08:07 USD 77.88 USD 58.00 Sell Target Price Gregoire Cayeux 30/10/2020 11:36 USD 51.30 USD 40.00 Sell Target Price Gregoire Cayeux 01/10/2020 09:41 USD 46.01 USD 35.00 Sell - Timothy FUNG Cdl Hospitality Trusts (SG1T66931158) 19/05/2021 11:26 SGD 1.22 SGD .90 Sell Target Price & Rating Maggie Yeo 17/02/2021 04:15 SGD 1.21 SGD 1.20 Hold - Maggie Yeo (DE0007257503) 27/05/2021 13:13 EUR 4.59 EUR 6.50 Buy Target Price Gregoire Cayeux 10/02/2021 18:42 EUR 5.16 EUR 7.30 Buy Target Price Gregoire Cayeux 18/12/2020 17:07 EUR 5.61 EUR 7.50 Buy Target Price & Rating Gregoire Cayeux 24/10/2020 10:59 EUR 4.31 EUR 4.70 Hold Target Price Gregoire Cayeux 06/10/2020 13:00 EUR 4.23 EUR 4.50 Hold Target Price & Rating Gregoire Cayeux 17/07/2020 16:01 EUR 3.67 EUR 3.50 Reduce Target Price & Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 75 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ceconomy (DE0007257503) 07/07/2020 09:42 EUR 3.26 EUR 3.30 Hold Target Price & Rating Gregoire Cayeux 15/05/2020 15:49 EUR 2.03 EUR 2.00 Reduce Rating Gregoire Cayeux 27/04/2020 14:14 EUR 1.89 EUR 2.00 Hold Target Price Gregoire Cayeux 04/04/2020 10:59 EUR 1.85 EUR 2.20 Hold - Gregoire Cayeux Cellnex Telecom (ES0105066007) 29/04/2021 18:49 EUR 47.15 EUR 64.00 Buy Target Price & Rating Mehdi Slimani 03/02/2021 16:14 EUR 49.38 Conflict of Interest Target Price & Rating Gregoire Cayeux 21/01/2021 21:04 EUR 47.63 EUR 70.00 Buy Target Price Mehdi Slimani 24/11/2020 13:47 EUR 51.12 EUR 74.50 Buy Target Price & Rating Gregoire Cayeux 06/11/2020 19:10 EUR 55.90 Conflict of Interest Target Price & Rating Gregoire Cayeux 05/11/2020 16:33 EUR 57.10 EUR 64.50 Hold Rating Mehdi Slimani 27/10/2020 12:07 EUR 54.02 EUR 64.50 Buy Target Price & Rating Mehdi Slimani 18/09/2020 16:23 EUR 53.08 EUR 60.00 Hold Target Price & Rating Mehdi Slimani 31/07/2020 14:32 EUR 53.22 Conflict of Interest Target Price & Rating Gregoire Cayeux 21/07/2020 21:48 EUR 57.88 EUR 63.00 Hold Target Price Mehdi Slimani 12/05/2020 21:21 EUR 49.99 EUR 56.00 Hold Target Price Mehdi Slimani 18/04/2020 19:17 EUR 49.59 EUR 54.50 Hold Target Price & Rating Gregoire Cayeux 30/03/2020 21:39 EUR 43.03 EUR 49.50 Buy - Mehdi Slimani Central Pattana (TH0481B10Z00) 03/02/2021 07:24 THB 49.25 THB 59.00 Buy Target Price Maggie Yeo 22/01/2021 06:41 THB 49.75 THB 60.00 Buy Target Price & Rating Maggie Yeo 11/11/2020 03:38 THB 50.25 THB 39.00 Reduce Target Price & Rating Maggie Yeo 21/05/2020 05:26 THB 49.75 THB 47.00 Hold Target Price & Rating Maggie Yeo 30/04/2020 09:15 THB 48.75 THB 37.00 Sell Rating Maggie Yeo

Date of publication: 23 September 2021 Page 76 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Central Pattana (TH0481B10Z00) 31/03/2020 07:08 THB 41.75 THB 37.00 Reduce Rating Maggie Yeo 27/03/2020 08:17 THB 40.00 THB 37.00 Hold - Maggie Yeo Central Plaza Hotel (TH0176B10Z00) 15/09/2020 08:06 THB 23.30 THB 29.00 Buy Target Price & Rating Maggie Yeo 16/06/2020 13:49 THB 24.40 THB 26.00 Hold Target Price & Rating Maggie Yeo 15/05/2020 09:56 THB 19.00 THB 22.00 Buy Target Price Maggie Yeo 24/03/2020 07:36 THB 15.50 THB 23.00 Buy - Maggie Yeo Centrica (GB00B033F229) 14/08/2021 09:07 GBP 49.93 No Opinion Target Price & Rating Gregoire Cayeux 23/07/2021 16:27 GBP 49.30 GBP 49.00 Reduce Target Price Riadh Hendaoui 04/02/2021 17:47 GBP 51.84 GBP 46.00 Reduce Target Price & Rating Gregoire Cayeux 11/01/2021 18:44 GBP 50.16 GBP 40.00 Sell Target Price Mehdi Slimani 27/07/2020 15:53 GBP 47.14 GBP 39.00 Sell Target Price Mehdi Slimani 12/06/2020 18:05 GBP 40.12 GBP 30.00 Sell Target Price Mehdi Slimani 14/04/2020 19:49 GBP 35.58 GBP 28.00 Sell Target Price & Rating Gregoire Cayeux 23/03/2020 10:49 GBP 43.45 GBP 60.00 Buy - Gregoire Cayeux Cfe (BE0003883031) 31/08/2021 11:07 EUR 92.90 EUR 101.00 Hold Rating Gregoire Cayeux 09/05/2021 09:51 EUR 84.90 EUR 101.00 Buy Target Price & Rating Gregoire Cayeux 02/03/2021 12:22 EUR 88.00 EUR 87.00 Reduce Rating Gregoire Cayeux 24/11/2020 12:17 EUR 67.90 EUR 87.00 Buy - Gregoire Cayeux Cgn Power (CNE100001T80) 06/04/2020 09:10 HKD 1.74 HKD 2.00 Buy - Alexis TAY

Date of publication: 23 September 2021 Page 77 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Champion Reit (HK2778034606) 12/07/2021 05:52 HKD 4.41 HKD 4.50 Hold Target Price Maggie Yeo 12/01/2021 08:59 HKD 4.65 HKD 4.90 Hold Target Price & Rating Maggie Yeo 09/06/2020 03:36 HKD 4.15 Conflict of Interest Target Price & Rating Alexis TAY 19/05/2020 16:17 HKD 4.23 HKD 4.90 Buy - Alexis TAY Charles River Laboratories International, Inc. (US1598641074) 31/10/2020 08:45 USD 227.70 USD 243.00 Hold Target Price Gregoire Cayeux 01/10/2020 11:30 USD 223.42 USD 230.00 Hold - Godfrey OYENIRAN Charoen Pokphand Foods (TH0101A10Z01) 26/02/2021 09:19 THB 28.75 THB 32.00 Buy Target Price & Rating Maggie Yeo 17/11/2020 02:29 THB 27.75 THB 24.50 Reduce Target Price & Rating Maggie Yeo 09/09/2020 05:39 THB 29.75 THB 27.50 Hold Target Price Maggie Yeo 14/08/2020 09:18 THB 33.25 THB 35.00 Hold Rating Maggie Yeo 14/04/2020 08:31 THB 24.90 THB 35.00 Buy - Maggie Yeo Charter Communications, Inc. (US16119P1084) 03/08/2021 14:55 USD 749.87 USD 775.00 Hold Target Price & Rating Gregoire Cayeux 07/05/2021 07:59 USD 673.75 USD 700.00 Buy Target Price Alexis TAY 22/01/2021 09:50 USD 618.01 USD 650.00 Buy Target Price Alexis TAY 10/11/2020 10:28 USD 588.43 USD 700.00 Buy Target Price & Rating Alexis TAY 01/10/2020 12:27 USD 633.05 USD 650.00 Hold - Alexis TAY Check Point Software Technologies Ltd. (IL0010824113) 30/04/2021 08:23 USD 118.89 USD 145.00 Buy Target Price Alexis TAY 07/01/2021 02:34 USD 128.74 USD 150.00 Buy Target Price Alexis TAY 01/10/2020 12:28 USD 120.05 USD 135.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 78 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Check Point Software Technologies Ltd. (IL0010824113) 23/07/2020 09:47 USD 123.02 USD 127.00 Buy Rating Riadh Hendaoui 28/04/2020 10:56 USD 108.09 USD 127.00 Hold - Riadh Hendaoui Cheung Kong Infr.Hdg. (BMG2178K1009) 13/10/2020 09:38 HKD 36.80 HKD 50.00 Buy - Tony Lau Chevron Corporation (US1667641005) 04/08/2021 10:23 USD 102.60 USD 109.00 Buy Rating Godfrey OYENIRAN 15/06/2021 09:58 USD 107.97 USD 109.00 Hold Rating Godfrey OYENIRAN 03/05/2021 09:24 USD 103.07 USD 109.00 Buy Rating Godfrey OYENIRAN 09/03/2021 21:36 USD 109.75 USD 109.00 Hold Target Price & Rating Gregoire Cayeux 08/03/2021 11:12 USD 109.00 USD 88.00 Sell Rating Godfrey OYENIRAN 02/02/2021 10:31 USD 86.41 USD 88.00 Hold Target Price & Rating Godfrey OYENIRAN 15/12/2020 07:27 USD 89.44 USD 86.00 Reduce Target Price Godfrey OYENIRAN 11/11/2020 07:33 USD 83.07 USD 73.00 Reduce Rating Godfrey OYENIRAN 10/11/2020 10:58 USD 79.40 USD 73.00 Hold Target Price & Rating Godfrey OYENIRAN 01/10/2020 09:12 USD 72.00 USD 84.00 Buy Target Price Maggie Yeo 25/03/2020 16:10 USD 66.55 USD 111.00 Buy - Mehdi Slimani China Citic Bank (CNE1000001Q4) 12/07/2021 11:43 HKD 3.63 HKD 3.45 Reduce Target Price Tony Lau 02/03/2021 12:21 HKD 3.67 HKD 3.25 Reduce Target Price & Rating Tony Lau 31/08/2020 11:13 HKD 3.33 HKD 3.60 Hold Target Price Tony Lau 22/06/2020 11:42 HKD 3.46 HKD 3.65 Hold Target Price Tony Lau 06/04/2020 09:25 HKD 3.70 HKD 4.00 Hold Target Price & Rating Tony Lau 31/03/2020 10:22 HKD 3.76 HKD 4.35 Buy - Tony Lau

Date of publication: 23 September 2021 Page 79 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

China Citic Bank (A-Share) (CNE1000000R4) 22/06/2020 11:45 CNY 5.06 CNY 4.10 Sell - Tony Lau China Communications Construction Company Ltd (CNE1000002F5) 22/12/2020 03:08 HKD 3.50 HKD 4.00 Hold Target Price & Rating Tony Lau 16/07/2020 11:59 HKD 4.67 HKD 5.50 Buy - Tony Lau China Construction Bank (CNE1000002H1) 31/08/2020 10:15 HKD 5.65 HKD 6.00 Hold Target Price Tony Lau 06/04/2020 09:13 HKD 6.13 HKD 6.80 Hold Target Price Tony Lau 31/03/2020 09:54 HKD 6.24 HKD 6.95 Hold - Tony Lau China Construction Bank (A-Share) (CNE100000742) 21/04/2021 09:03 CNY 7.15 Conflict of Interest Target Price & Rating Tony Lau 02/03/2021 12:40 CNY 7.27 CNY 6.50 Reduce Target Price Tony Lau 28/05/2020 09:14 CNY 6.37 CNY 5.20 Reduce - Tony Lau China Cyts Tours (A-Share) (CNE000000V14) 29/04/2021 12:12 CNY 11.95 CNY 13.50 Buy Target Price Tony Lau 28/04/2020 08:44 CNY 9.96 CNY 12.90 Buy - Alexis TAY China East Education Holdings Limited (KYG2120T1004) 18/05/2021 09:00 HKD 17.72 HKD 22.00 Buy Target Price Tony Lau 11/03/2021 11:10 HKD 16.14 HKD 19.00 Buy Target Price & Rating Tony Lau 26/05/2020 10:58 HKD 15.16 HKD 16.50 Hold - Tony Lau China Eastern Airlines (CNE1000002K5) 08/09/2020 05:55 HKD 3.50 HKD 4.10 Buy - Tony Lau

Date of publication: 23 September 2021 Page 80 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

China Education Group (KYG2163M1033) 28/07/2021 05:13 HKD 12.90 HKD 15.00 Buy Target Price Tony Lau 18/05/2021 08:52 HKD 18.70 HKD 25.00 Buy Target Price Tony Lau 11/03/2021 10:57 HKD 14.38 HKD 18.00 Buy Target Price Tony Lau 02/09/2020 10:34 HKD 15.52 HKD 17.00 Buy Target Price Tony Lau 27/04/2020 12:07 HKD 11.88 HKD 16.20 Buy - Tony Lau China Everbright (HK0257001336) 08/06/2020 04:22 HKD 4.30 HKD 5.50 Buy - Tony Lau China Film (A-Share) (CNE100002GX0) 23/02/2021 03:37 CNY 12.88 CNY 15.50 Buy Target Price Tony Lau 26/03/2020 04:22 CNY 12.74 CNY 14.90 Buy - Alexis TAY China Galaxy Securities (CNE100001NT6) 12/03/2021 09:17 HKD 4.68 HKD 5.00 Hold Target Price Tony Lau 07/08/2020 04:35 HKD 5.02 HKD 5.50 Hold Target Price & Rating Tony Lau 06/07/2020 06:04 HKD 5.08 HKD 4.40 Sell Rating Tony Lau 10/06/2020 05:25 HKD 4.03 HKD 4.40 Hold - Tony Lau China International Capital Corporation Ltd (CNE100002359) 23/07/2021 11:06 HKD 20.50 HKD 24.00 Buy Target Price Tony Lau 12/03/2021 09:14 HKD 16.76 HKD 21.00 Buy Target Price Tony Lau 07/08/2020 04:23 HKD 19.50 HKD 22.00 Buy Target Price & Rating Tony Lau 06/07/2020 05:58 HKD 17.38 HKD 18.00 Hold Rating Tony Lau 10/06/2020 05:14 HKD 14.26 HKD 18.00 Buy - Tony Lau China Jinmao (HK0817039453) 27/08/2020 09:22 HKD 5.07 HKD 7.20 Buy Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 81 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

China Jinmao (HK0817039453) 09/04/2020 05:11 HKD 5.11 HKD 7.14 Buy - Alexis TAY China Life Insurance (CNE1000002L3) 20/04/2021 05:01 HKD 15.74 HKD 17.00 Hold Target Price & Rating Tony Lau 29/03/2021 10:42 HKD 16.06 HKD 20.00 Buy Target Price Tony Lau 21/07/2020 11:21 HKD 19.52 HKD 23.00 Buy Target Price Tony Lau 03/07/2020 11:12 HKD 17.12 HKD 21.00 Buy Target Price Tony Lau 27/04/2020 09:14 HKD 15.84 HKD 23.00 Buy - Tony Lau China Life Insurance (A-Share) (CNE000001Q93) 20/04/2021 05:42 CNY 30.63 CNY 23.00 Sell Target Price Tony Lau 03/07/2020 11:18 CNY 30.04 CNY 26.00 Sell - Tony Lau China Literature Limited (KYG2121R1039) 17/08/2021 09:20 HKD 72.30 HKD 80.00 Buy Target Price & Rating Tony Lau 19/04/2021 05:54 HKD 79.15 HKD 85.00 Hold Target Price & Rating Tony Lau 17/03/2021 08:11 HKD 76.30 HKD 68.00 Reduce Target Price & Rating Tony Lau 29/10/2020 03:44 HKD 64.20 HKD 65.00 Hold Target Price Tony Lau 28/04/2020 05:58 HKD 30.15 HKD 39.00 Hold - Tony Lau China Longyuan Power (CNE100000HD4) 06/08/2021 05:45 HKD 14.94 HKD 18.00 Buy Target Price Maggie Yeo 24/05/2021 09:24 HKD 10.70 HKD 14.00 Buy Target Price Maggie Yeo 08/03/2021 09:33 HKD 9.04 HKD 12.00 Buy Target Price Maggie Yeo 05/02/2021 09:22 HKD 12.72 HKD 17.40 Buy Target Price Maggie Yeo 05/01/2021 09:16 HKD 8.60 HKD 10.00 Buy Target Price Maggie Yeo 05/11/2020 09:11 HKD 5.33 HKD 7.30 Buy Target Price Tony Lau

Date of publication: 23 September 2021 Page 82 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

China Longyuan Power (CNE100000HD4) 13/08/2020 07:53 HKD 5.54 HKD 7.00 Buy Target Price Maggie Yeo 01/04/2020 10:23 HKD 4.26 HKD 4.90 Buy - Tony Lau China Mengniu Dairy Company (KYG210961051) 21/05/2021 12:06 HKD 43.80 HKD 54.00 Buy Target Price Tony Lau 07/10/2020 10:26 HKD 37.10 HKD 49.00 Buy Target Price & Rating Tony Lau 22/05/2020 08:03 HKD 28.65 HKD 28.00 Hold - Tony Lau China Merchants Bank (CNE1000002M1) 02/03/2021 12:50 HKD 59.65 HKD 63.00 Hold Target Price Tony Lau 31/08/2020 10:57 HKD 38.40 HKD 40.00 Hold Target Price Tony Lau 11/05/2020 09:52 HKD 36.65 HKD 38.00 Hold Target Price Tony Lau 06/04/2020 09:23 HKD 33.95 HKD 37.50 Hold - Tony Lau China Merchants Bank (A-Share) (CNE000001B33) 02/03/2021 12:45 CNY 50.39 CNY 42.00 Sell Target Price Tony Lau 22/06/2020 11:49 CNY 33.86 CNY 20.00 Sell - Tony Lau China Mobile (HK0941009539) 08/06/2021 05:04 HKD 48.40 HKD 62.00 Buy Target Price Tony Lau 22/02/2021 09:26 HKD 53.75 HKD 64.00 Buy Target Price Tony Lau 05/01/2021 04:44 HKD 44.20 HKD 55.00 Buy Target Price Tony Lau 20/07/2020 04:59 HKD 54.15 HKD 70.00 Buy Target Price Tony Lau 23/03/2020 07:29 HKD 54.80 HKD 72.90 Buy - Tony Lau China National Building Material (CNE1000002N9) 03/02/2021 07:22 HKD 9.73 HKD 13.80 Buy Target Price Maggie Yeo 28/07/2020 02:49 HKD 10.02 HKD 11.50 Buy Target Price Tony Lau

Date of publication: 23 September 2021 Page 83 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

China National Building Material (CNE1000002N9) 13/05/2020 09:14 HKD 9.68 HKD 12.50 Buy - Tony Lau China New Higher Education (KYG2163K1076) 18/05/2021 08:55 HKD 5.98 HKD 6.50 Hold Target Price Tony Lau 11/03/2021 11:13 HKD 4.27 HKD 4.80 Hold Target Price Tony Lau 02/09/2020 11:46 HKD 6.04 HKD 6.30 Hold Target Price & Rating Tony Lau 24/03/2020 08:01 HKD 2.18 HKD 3.00 Buy - Tony Lau China Oilfield Services (CNE1000002P4) 25/03/2020 08:57 HKD 5.32 HKD 10.00 Buy - Alexis TAY China Oilfield Services (A-Share) (CNE100000759) 25/03/2020 08:50 CNY 12.35 CNY 17.40 Buy - Alexis TAY China Oriental Group (BMG2108V1019) 03/04/2020 10:15 HKD 2.16 HKD 3.00 Buy Target Price Tony Lau 23/03/2020 07:46 HKD 1.91 HKD 2.25 Buy - Tony Lau China Overseas Land (HK0688002218) 28/07/2021 06:06 HKD 18.04 HKD 21.00 Buy Target Price Maggie Yeo 24/05/2021 09:37 HKD 18.58 HKD 22.00 Buy Target Price Maggie Yeo 25/08/2020 08:56 HKD 23.45 HKD 35.14 Buy Target Price Maggie Yeo 09/04/2020 05:09 HKD 25.45 HKD 36.78 Buy - Alexis TAY China Pacific Insurance (CNE1000009Q7) 20/04/2021 04:20 HKD 29.35 HKD 32.00 Hold Target Price & Rating Tony Lau 14/12/2020 09:33 HKD 29.10 HKD 37.00 Buy Target Price Tony Lau 18/09/2020 05:38 HKD 22.20 HKD 28.00 Buy Target Price & Rating Tony Lau

Date of publication: 23 September 2021 Page 84 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

China Pacific Insurance (CNE1000009Q7) 21/07/2020 12:03 HKD 23.95 HKD 26.00 Hold Target Price & Rating Tony Lau 03/07/2020 11:37 HKD 22.25 HKD 25.00 Buy Target Price Tony Lau 24/04/2020 05:26 HKD 24.00 HKD 34.00 Buy - Tony Lau China Pacific Insurance (A-Share) (CNE1000008M8) 20/04/2021 08:15 CNY 34.74 CNY 31.00 Reduce Target Price & Rating Tony Lau 03/07/2020 11:40 CNY 29.47 CNY 29.00 Hold - Tony Lau China Railway Construction Corporation Ltd (CNE100000981) 12/05/2021 05:02 HKD 5.23 Conflict of Interest Target Price & Rating Tony Lau 22/12/2020 02:44 HKD 4.46 HKD 6.00 Buy - Tony Lau China Railway Group Ltd (CNE1000007Z2) 22/12/2020 02:34 HKD 3.40 HKD 5.00 Buy - Tony Lau China Resources Cement (KYG2113L1068) 17/08/2021 10:01 HKD 7.41 HKD 11.00 Buy Target Price Maggie Yeo 15/03/2021 08:48 HKD 9.16 HKD 12.50 Buy Target Price Maggie Yeo 18/09/2020 05:45 HKD 11.64 HKD 13.50 Buy Target Price Tony Lau 05/06/2020 12:14 HKD 9.68 HKD 12.00 Buy Target Price Tony Lau 09/04/2020 09:53 HKD 9.49 HKD 11.00 Buy Target Price Tony Lau 03/04/2020 11:10 HKD 9.09 HKD 12.00 Buy - Tony Lau China Resources Gas (BMG2113B1081) 08/03/2021 09:38 HKD 38.65 HKD 45.00 Buy Target Price Maggie Yeo 22/07/2020 08:35 HKD 38.55 HKD 50.30 Buy - Maggie Yeo

Date of publication: 23 September 2021 Page 85 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

China Resources Land (KYG2108Y1052) 28/07/2021 07:47 HKD 28.80 HKD 34.00 Buy Target Price Maggie Yeo 24/05/2021 09:40 HKD 36.05 HKD 43.00 Buy Target Price Maggie Yeo 31/08/2020 10:51 HKD 36.40 HKD 43.52 Buy - Maggie Yeo China Shenhua (CNE1000002R0) 13/08/2021 09:03 HKD 15.40 HKD 18.00 Buy Rating Maggie Yeo 28/05/2021 10:57 HKD 16.98 HKD 18.00 Hold Target Price Maggie Yeo 27/01/2021 09:22 HKD 14.84 HKD 15.00 Hold Target Price Maggie Yeo 18/08/2020 09:42 HKD 13.02 HKD 14.00 Hold - Maggie Yeo China Southern Airlines (CNE1000002T6) 21/05/2021 09:27 HKD 5.44 HKD 6.50 Buy Target Price Tony Lau 08/09/2020 05:52 HKD 4.62 HKD 5.50 Buy - Tony Lau China Telecom (CNE1000002V2) 10/03/2021 07:54 HKD 2.65 HKD 3.00 Buy Target Price Tony Lau 05/01/2021 04:47 HKD 2.15 HKD 2.70 Buy Target Price & Rating Tony Lau 17/08/2020 05:08 HKD 2.78 HKD 2.90 Hold Target Price Tony Lau 17/07/2020 11:47 HKD 2.26 HKD 2.50 Hold - Tony Lau China Tower (CNE100003688) 17/08/2021 10:56 HKD 1.04 HKD 1.30 Buy Target Price Tony Lau 10/03/2021 04:14 HKD 1.23 HKD 1.50 Buy Target Price Tony Lau 13/08/2020 08:20 HKD 1.43 HKD 1.65 Buy Target Price Tony Lau 24/03/2020 04:57 HKD 1.68 HKD 2.10 Buy - Tony Lau China Unicom (Hong Kong) (HK0000049939) 12/01/2021 10:11 HKD 4.66 HKD 6.00 Buy Target Price Tony Lau

Date of publication: 23 September 2021 Page 86 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

China Unicom (Hong Kong) (HK0000049939) 11/01/2021 07:20 HKD 4.41 HKD 2.70 Buy Target Price Tony Lau 05/01/2021 04:41 HKD 4.45 HKD 6.00 Buy Target Price Tony Lau 17/08/2020 04:31 HKD 5.92 HKD 6.50 Buy Target Price Tony Lau 11/05/2020 09:08 HKD 4.98 HKD 6.02 Buy - Tony Lau China Vanke (CNE100001SR9) 21/09/2021 10:59 HKD 18.70 HKD 19.00 Hold Target Price Maggie Yeo 28/07/2021 07:56 HKD 21.00 HKD 20.00 Hold Target Price & Rating Maggie Yeo 24/05/2021 09:36 HKD 26.40 HKD 30.00 Buy Target Price & Rating Maggie Yeo 31/08/2020 10:24 HKD 24.85 HKD 26.90 Hold Target Price Maggie Yeo 03/04/2020 06:45 HKD 27.15 HKD 27.86 Hold - Alexis TAY China Xinhua Education Group (KYG216231061) 02/09/2020 10:46 HKD 2.51 HKD 2.60 Hold - Tony Lau China Yangtze Power (A-Share) (CNE000001G87) 30/04/2021 04:50 CNY 20.12 No Opinion Target Price & Rating Tony Lau 05/11/2020 09:45 CNY 19.95 CNY 24.80 Buy Target Price Tony Lau 07/09/2020 09:36 CNY 20.01 CNY 24.50 Buy - Tony Lau Chipotle Mexican Grill, Inc. (US1696561059) 22/07/2021 14:07 USD 1755.99 USD 1700.00 Hold Target Price Riadh Hendaoui 04/02/2021 10:52 USD 1499.99 USD 1550.00 Hold Target Price & Rating Gregoire Cayeux 23/10/2020 21:56 USD 1300.29 USD 1400.00 Buy Rating Gregoire Cayeux 22/10/2020 11:44 USD 1366.66 USD 1400.00 Hold Target Price Riadh Hendaoui 01/10/2020 10:12 USD 1234.58 USD 1200.00 Hold Target Price & Rating Tony Lau 28/07/2020 13:02 USD 1142.93 USD 900.00 Sell Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 87 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Chipotle Mexican Grill, Inc. (US1696561059) 24/07/2020 15:42 USD 1121.03 USD 750.00 Sell Rating Bruno Villeroil 24/04/2020 12:14 USD 867.02 USD 750.00 Reduce Target Price & Rating Gregoire Cayeux 31/03/2020 12:08 USD 639.97 USD 675.00 Buy - Gregoire Cayeux Chow Tai Fook (KYG211461085) 16/02/2021 09:01 HKD 9.97 HKD 12.50 Buy Target Price Tony Lau 07/10/2020 09:31 HKD 10.34 HKD 14.00 Buy Target Price & Rating Tony Lau 04/09/2020 04:33 HKD 8.87 HKD 9.90 Hold Rating Tony Lau 14/08/2020 03:28 HKD 8.18 HKD 9.90 Buy Target Price Tony Lau 23/03/2020 04:04 HKD 5.48 HKD 8.50 Buy - Alexis TAY Chr. Hansen (DK0060227585) 16/04/2021 16:37 DKK 578.60 DKK 510.00 Reduce Target Price Bruno Villeroil 15/01/2021 16:21 DKK 575.80 DKK 525.00 Reduce Target Price Bruno Villeroil 13/01/2021 16:17 DKK 611.40 DKK 545.00 Reduce Target Price & Rating Bruno Villeroil 12/10/2020 16:06 DKK 653.60 DKK 530.00 Sell Target Price Bruno Villeroil 01/10/2020 16:17 DKK 705.80 DKK 550.00 Sell Target Price Bruno Villeroil 12/08/2020 15:28 DKK 713.00 DKK 600.00 Sell Target Price Gregoire Cayeux 03/07/2020 16:14 DKK 687.60 DKK 550.00 Sell Target Price Bruno Villeroil 22/05/2020 14:19 DKK 640.00 DKK 525.00 Sell Target Price Bruno Villeroil 18/04/2020 16:15 DKK 592.00 DKK 480.00 Sell Rating Gregoire Cayeux 07/04/2020 20:01 DKK 510.40 DKK 480.00 Reduce - Bruno Villeroil Chubu Electric Power Company (JP3526600006) 19/05/2020 08:27 JPY 1438.50 JPY 2150.00 Buy - Maggie Yeo

Date of publication: 23 September 2021 Page 88 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Cigna Corporation (US1255231003) 09/08/2021 09:50 USD 209.30 USD 240.00 Buy Target Price & Rating Mehdi Slimani 10/06/2021 10:37 USD 242.01 USD 248.00 Hold Target Price & Rating Mehdi Slimani 11/05/2021 11:02 USD 261.18 USD 281.00 Buy Target Price & Rating Gregoire Cayeux 17/04/2021 14:35 USD 254.36 USD 260.00 Hold Rating Gregoire Cayeux 23/03/2021 08:51 USD 242.40 USD 260.00 Buy Target Price Mehdi Slimani 07/11/2020 09:41 USD 201.47 USD 235.00 Buy Target Price Gregoire Cayeux 01/10/2020 12:49 USD 161.74 USD 225.00 Buy - Godfrey OYENIRAN Cimb (MYL1023OO000) 02/08/2021 11:04 MYR 4.45 MYR 5.00 Hold Target Price & Rating Maggie Yeo 28/04/2021 04:00 MYR 4.17 MYR 4.90 Buy Target Price Maggie Yeo 27/01/2021 09:13 MYR 3.87 MYR 4.60 Buy Target Price Maggie Yeo 20/10/2020 09:58 MYR 3.06 MYR 4.25 Buy Target Price Maggie Yeo 13/06/2020 16:07 MYR 3.95 MYR 4.50 Buy Target Price Maggie Yeo 29/04/2020 10:07 MYR 3.41 MYR 4.85 Buy - Maggie Yeo Cintas Corporation (US1729081059) 16/07/2021 10:35 USD 369.15 USD 342.00 Reduce Target Price & Rating Riadh Hendaoui 18/03/2021 07:58 USD 343.22 USD 366.00 Hold Target Price Gregoire Cayeux 23/12/2020 12:52 USD 348.00 USD 350.00 Hold Target Price Bruno Villeroil 06/10/2020 12:29 USD 336.40 USD 327.00 Hold Rating Bruno Villeroil 01/10/2020 13:22 USD 316.71 USD 327.00 Buy - Maggie Yeo Cisco Systems, Inc. (US17275R1023) 25/08/2021 10:41 USD 59.32 USD 60.00 Hold Target Price & Rating Alexis TAY 19/05/2021 04:32 USD 52.94 USD 59.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 89 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Cisco Systems, Inc. (US17275R1023) 01/10/2020 12:05 USD 39.06 USD 52.00 Buy Target Price Alexis TAY 15/05/2020 13:46 USD 43.85 USD 48.00 Buy - Riadh Hendaoui Citic Securities (CNE1000016V2) 23/07/2021 11:12 HKD 18.06 HKD 21.00 Buy Target Price Tony Lau 12/03/2021 09:07 HKD 15.68 HKD 20.00 Buy Target Price Tony Lau 07/08/2020 04:18 HKD 19.36 HKD 22.00 Buy Target Price & Rating Tony Lau 06/07/2020 06:02 HKD 17.52 HKD 19.00 Hold Rating Tony Lau 10/06/2020 05:20 HKD 15.16 HKD 19.00 Buy - Tony Lau Citigroup Inc. (US1729674242) 19/07/2021 08:52 USD 68.17 USD 80.00 Buy Target Price Godfrey OYENIRAN 22/04/2021 10:55 USD 69.79 USD 85.00 Buy Target Price & Rating Godfrey OYENIRAN 16/04/2021 09:59 USD 72.54 USD 78.00 Hold Target Price Godfrey OYENIRAN 12/04/2021 08:26 USD 72.75 USD 69.00 Hold Rating Godfrey OYENIRAN 20/01/2021 10:58 USD 63.69 USD 69.00 Buy Rating Godfrey OYENIRAN 18/01/2021 08:52 USD 64.23 USD 69.00 Hold Target Price Godfrey OYENIRAN 07/01/2021 07:49 USD 65.25 USD 65.00 Hold Rating Godfrey OYENIRAN 01/10/2020 12:53 USD 43.29 USD 65.00 Buy Target Price Godfrey OYENIRAN 22/07/2020 16:03 USD 51.73 USD 71.00 Buy Target Price Riadh Hendaoui 17/04/2020 16:59 USD 40.52 USD 72.00 Buy Target Price Gregoire Cayeux 07/04/2020 15:13 USD 41.12 USD 79.00 Buy - Riadh Hendaoui City Developments (SG1R89002252) 16/08/2021 09:55 SGD 6.61 SGD 9.55 Buy Target Price Maggie Yeo 21/06/2021 11:47 SGD 7.34 SGD 8.95 Buy Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 90 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

City Developments (SG1R89002252) 01/03/2021 08:50 SGD 7.36 SGD 8.90 Buy Target Price Maggie Yeo 23/02/2021 10:35 SGD 7.20 SGD 8.20 Buy Rating Maggie Yeo 04/01/2021 07:17 SGD 7.97 SGD 8.20 Hold Rating Maggie Yeo 02/11/2020 10:32 SGD 6.34 SGD 8.20 Buy Target Price Maggie Yeo 17/08/2020 06:07 SGD 8.42 SGD 11.05 Buy Target Price Maggie Yeo 08/06/2020 10:01 SGD 9.18 SGD 10.80 Buy Target Price Maggie Yeo 24/03/2020 07:47 SGD 6.23 SGD 12.20 Buy - Maggie Yeo Ck Asset (KYG2177B1014) 20/09/2021 10:01 HKD 46.15 HKD 50.00 Buy Target Price & Rating Tony Lau 01/06/2021 11:14 HKD 51.40 HKD 55.00 Hold Target Price Tony Lau 19/03/2021 09:02 HKD 47.05 HKD 51.00 Hold Target Price & Rating Tony Lau 25/05/2020 12:27 HKD 42.60 HKD 47.00 Buy - Tony Lau Ck Hutchison (KYG217651051) 19/04/2021 08:46 HKD 63.75 HKD 68.00 Hold Rating Tony Lau 16/07/2020 05:10 HKD 51.70 HKD 68.00 Buy - Tony Lau Clariant (CH0012142631) 30/07/2021 19:02 CHF 19.02 CHF 19.30 Hold Target Price Bruno Villeroil 30/04/2021 22:00 CHF 19.46 CHF 20.00 Hold Rating Bruno Villeroil 27/04/2021 01:27 CHF 20.15 CHF 20.00 Reduce Target Price & Rating Bruno Villeroil 15/02/2021 15:52 CHF 18.60 CHF 19.00 Hold Target Price Bruno Villeroil 05/08/2020 15:38 CHF 17.68 CHF 18.00 Hold Rating Bruno Villeroil 16/07/2020 14:24 CHF 18.26 CHF 18.00 Reduce Target Price & Rating Mehdi Slimani 05/05/2020 16:24 CHF 17.00 CHF 19.00 Hold Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 91 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Clariant (CH0012142631) 04/04/2020 16:37 CHF 15.40 CHF 19.00 Buy - Gregoire Cayeux Clp Holdings (HK0002007356) 17/06/2021 04:18 HKD 78.30 HKD 83.00 Hold Target Price & Rating Tony Lau 13/10/2020 09:07 HKD 74.20 HKD 85.00 Buy Target Price & Rating Tony Lau 20/07/2020 09:04 HKD 72.50 HKD 77.00 Hold Target Price Tony Lau 09/04/2020 05:53 HKD 78.65 HKD 85.00 Hold - Tony Lau Cme Group Inc. (US12572Q1058) 03/08/2021 09:13 USD 211.50 USD 223.00 Buy Target Price & Rating Godfrey OYENIRAN 14/07/2021 05:00 USD 210.24 USD 210.00 Hold Rating Godfrey OYENIRAN 30/04/2021 11:23 USD 203.73 USD 210.00 Buy Target Price & Rating Godfrey OYENIRAN 05/03/2021 10:22 USD 207.02 USD 190.00 Reduce Rating Godfrey OYENIRAN 16/02/2021 03:56 USD 185.20 USD 190.00 Hold Target Price & Rating Godfrey OYENIRAN 12/01/2021 11:24 USD 198.94 USD 160.00 Sell Rating Godfrey OYENIRAN 17/11/2020 07:20 USD 168.77 USD 160.00 Hold Target Price Godfrey OYENIRAN 09/10/2020 07:07 USD 170.90 USD 175.00 Hold Rating CFRA Research 01/10/2020 14:38 USD 162.35 USD 175.00 Buy Target Price & Rating Godfrey OYENIRAN 12/06/2020 16:04 USD 174.18 USD 166.00 Hold Target Price & Rating Riadh Hendaoui 30/04/2020 23:26 USD 181.47 USD 164.00 Reduce - Riadh Hendaoui Cnooc (HK0883013259) 14/09/2021 04:39 HKD 8.07 HKD 10.50 Buy Target Price Maggie Yeo 23/04/2021 09:12 HKD 8.23 HKD 10.00 Buy Target Price Maggie Yeo 10/03/2021 09:36 HKD 9.26 HKD 10.50 Buy Target Price Maggie Yeo 20/10/2020 09:44 HKD 7.41 HKD 11.40 Buy Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 92 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Cnooc (HK0883013259) 20/08/2020 05:08 HKD 8.99 HKD 11.70 Buy Target Price Maggie Yeo 17/07/2020 08:48 HKD 8.66 HKD 11.50 Buy Target Price Maggie Yeo 06/05/2020 08:50 HKD 8.39 HKD 11.20 Buy Target Price Alexis TAY 25/03/2020 08:32 HKD 7.12 HKD 11.70 Buy Target Price Alexis TAY 23/03/2020 08:08 HKD 7.13 HKD 15.00 Buy - Alexis TAY Cnp Assurances (FR0000120222) 29/07/2021 16:35 EUR 14.42 EUR 16.00 Hold Target Price & Rating Riadh Hendaoui 29/03/2021 18:15 EUR 16.19 Conflict of Interest Target Price & Rating Gregoire Cayeux 18/02/2021 17:35 EUR 14.25 EUR 15.50 Hold Target Price Riadh Hendaoui 11/01/2021 21:03 EUR 13.70 EUR 15.00 Hold Target Price Riadh Hendaoui 17/12/2020 16:12 EUR 13.50 EUR 14.50 Hold Rating Riadh Hendaoui 04/08/2020 19:21 EUR 10.46 EUR 14.50 Buy Target Price Riadh Hendaoui 20/04/2020 18:11 EUR 8.05 EUR 15.20 Buy - Gregoire Cayeux Cofinimmo (BE0003593044) 29/07/2021 12:08 EUR 136.20 EUR 156.00 Buy Target Price & Rating Gregoire Cayeux 26/07/2021 18:54 EUR 133.90 EUR 147.00 Hold Rating Riadh Hendaoui 19/03/2021 16:16 EUR 124.20 EUR 147.00 Buy Target Price Gregoire Cayeux 09/11/2020 14:10 EUR 123.00 EUR 148.00 Buy Target Price Gregoire Cayeux 29/04/2020 14:31 EUR 121.20 EUR 154.00 Buy - Patrick Casselman Cognizant Technology Solutions Corporation (US1924461023) 07/05/2021 08:05 USD 75.12 USD 89.00 Buy Target Price Alexis TAY 11/02/2021 08:34 USD 74.50 USD 85.00 Buy Target Price & Rating Alexis TAY 18/11/2020 03:45 USD 77.80 USD 77.00 Hold Rating Alexis TAY

Date of publication: 23 September 2021 Page 93 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Cognizant Technology Solutions Corporation (US1924461023) 10/11/2020 10:23 USD 71.02 USD 77.00 Buy Target Price Alexis TAY 01/10/2020 12:05 USD 68.25 USD 74.00 Buy Target Price & Rating Alexis TAY 31/07/2020 12:40 USD 69.18 USD 70.00 Hold Rating Riadh Hendaoui 09/05/2020 19:04 USD 57.16 USD 70.00 Buy - Gregoire Cayeux Colgate-Palmolive Company (US1941621039) 03/08/2021 08:37 USD 79.54 USD 85.00 Hold Target Price Gregoire Cayeux 02/05/2021 10:24 USD 80.70 USD 81.00 Hold Target Price & Rating Gregoire Cayeux 01/02/2021 08:23 USD 79.15 USD 72.00 Reduce Target Price & Rating Gregoire Cayeux 11/11/2020 09:49 USD 83.35 USD 70.00 Sell Rating Gregoire Cayeux 31/10/2020 13:59 USD 78.89 USD 70.00 Reduce Target Price & Rating Gregoire Cayeux 16/10/2020 15:14 USD 79.71 USD 66.00 Sell Rating Gregoire Cayeux 01/10/2020 08:00 USD 77.15 USD 66.00 Reduce Target Price Timothy FUNG 11/08/2020 09:18 USD 76.65 USD 71.00 Reduce Target Price Gregoire Cayeux 04/08/2020 09:03 USD 76.57 USD 70.00 Reduce Rating Gregoire Cayeux 04/05/2020 11:33 USD 68.53 USD 70.00 Hold - Gregoire Cayeux Colonial (ES0139140174) 26/07/2021 18:56 EUR 8.98 No Opinion Target Price & Rating Gregoire Cayeux 04/06/2021 11:17 EUR 9.30 EUR 8.70 Reduce Rating Gregoire Cayeux 13/01/2021 11:35 EUR 7.84 EUR 8.70 Hold Target Price & Rating Gregoire Cayeux 14/11/2020 15:04 EUR 8.11 EUR 7.60 Reduce Rating Gregoire Cayeux 09/11/2020 11:48 EUR 6.56 EUR 7.60 Buy Target Price Gregoire Cayeux 31/03/2020 13:37 EUR 8.07 EUR 9.80 Buy Target Price Gregoire Cayeux 25/03/2020 11:34 EUR 6.94 EUR 10.40 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 94 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Colruyt (BE0974256852) 10/09/2021 11:36 EUR 47.61 EUR 50.60 Hold Target Price Gregoire Cayeux 02/07/2021 11:39 EUR 47.24 EUR 48.00 Hold Rating Gregoire Cayeux 17/12/2020 13:19 EUR 49.36 EUR 48.00 Reduce Target Price Gregoire Cayeux 18/06/2020 11:03 EUR 51.96 EUR 46.00 Reduce Rating Gregoire Cayeux 17/06/2020 10:37 EUR 54.80 EUR 46.00 Sell - Patrick Casselman Comcast Corporation (US20030N1019) 04/08/2021 10:13 USD 58.11 USD 66.00 Buy Target Price Alexis TAY 08/01/2021 11:47 USD 49.98 USD 60.00 Buy Target Price Alexis TAY 01/10/2020 12:06 USD 46.19 USD 50.00 Buy Target Price Alexis TAY 08/04/2020 09:27 USD 36.94 USD 47.00 Buy - Mehdi Slimani Comfortdelgro Corp (SG1N31909426) 01/09/2021 11:55 SGD 1.64 SGD 1.93 Buy Target Price Maggie Yeo 24/05/2021 10:04 SGD 1.62 SGD 1.96 Buy Target Price & Rating Maggie Yeo 26/03/2021 01:37 SGD 1.69 SGD 1.80 Hold Target Price Maggie Yeo 17/11/2020 03:34 SGD 1.58 SGD 1.70 Hold Target Price Maggie Yeo 29/07/2020 08:28 SGD 1.36 SGD 1.51 Hold Target Price Maggie Yeo 26/05/2020 07:57 SGD 1.54 SGD 1.67 Hold Target Price Maggie Yeo 02/04/2020 09:59 SGD 1.47 SGD 1.50 Hold - Maggie Yeo Commerzbank (DE000CBK1001) 11/08/2021 14:08 EUR 5.40 EUR 6.00 Hold Target Price & Rating Gregoire Cayeux 20/07/2021 14:02 EUR 5.31 EUR 6.40 Buy Target Price & Rating Riadh Hendaoui 13/05/2021 17:57 EUR 6.26 EUR 6.50 Hold Target Price & Rating Gregoire Cayeux 26/04/2021 17:17 EUR 4.94 EUR 6.00 Buy Rating Riadh Hendaoui

Date of publication: 23 September 2021 Page 95 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Commerzbank (DE000CBK1001) 26/01/2021 18:30 EUR 5.50 EUR 6.00 Hold Target Price Riadh Hendaoui 22/10/2020 17:05 EUR 4.49 EUR 4.50 Hold Rating Riadh Hendaoui 12/08/2020 15:18 EUR 4.89 EUR 4.50 Reduce Rating Gregoire Cayeux 28/04/2020 23:34 EUR 3.26 EUR 4.50 Hold Rating Riadh Hendaoui 01/04/2020 21:07 EUR 3.31 EUR 4.50 Buy - Riadh Hendaoui Commonwealth Bank Of Australia (AU000000CBA7) 11/08/2021 09:12 AUD 104.94 AUD 90.00 Reduce Target Price & Rating Maggie Yeo 09/04/2021 09:20 AUD 87.12 AUD 80.00 Hold Target Price & Rating Maggie Yeo 22/12/2020 03:46 AUD 82.42 Conflict of Interest Target Price & Rating Maggie Yeo 23/04/2020 10:10 AUD 59.25 AUD 57.00 Hold - Maggie Yeo Compal (TW0002324001) 07/06/2021 11:46 TWD 23.20 No Opinion Target Price & Rating Tony Lau 14/05/2020 11:21 TWD 19.00 TWD 18.50 Hold Target Price Tony Lau 01/04/2020 10:34 TWD 17.30 TWD 17.70 Hold - Tony Lau Compass Group (GB00BD6K4575) 17/05/2021 14:17 GBP 1540.00 GBP 1750.00 Buy Target Price & Rating Gregoire Cayeux 22/02/2021 18:32 GBP 1426.00 GBP 1340.00 Reduce Target Price Gregoire Cayeux 27/01/2021 19:18 GBP 1380.50 GBP 1295.00 Reduce Target Price & Rating Gregoire Cayeux 15/12/2020 21:16 GBP 1449.00 GBP 1100.00 Sell Rating Gregoire Cayeux 04/09/2020 18:02 GBP 1272.00 GBP 1100.00 Reduce Target Price Gregoire Cayeux 03/06/2020 09:06 GBP 1249.00 GBP 1180.00 Reduce - Gregoire Cayeux Compugroup Medical (DE000A288904) 21/09/2021 17:35 EUR 76.45 EUR 65.00 Sell Rating Torben BUMANN

Date of publication: 23 September 2021 Page 96 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Compugroup Medical (DE000A288904) 05/08/2021 11:24 EUR 68.70 EUR 65.00 Reduce Rating Torben BUMANN 11/05/2021 17:31 EUR 64.10 EUR 65.00 Hold Target Price Torben BUMANN 07/05/2021 11:33 EUR 64.85 EUR 75.00 Hold Rating Torben BUMANN 24/11/2020 09:23 EUR 77.05 EUR 75.00 Reduce Target Price Torben BUMANN 05/11/2020 11:29 EUR 77.05 EUR 66.00 Reduce - Torben BUMANN Conocophillips (US20825C1045) 06/08/2021 02:27 USD 54.93 USD 70.00 Buy Target Price Godfrey OYENIRAN 06/05/2021 08:28 USD 55.44 USD 65.00 Buy Target Price Godfrey OYENIRAN 12/03/2021 09:00 USD 59.83 USD 67.00 Buy Target Price & Rating Godfrey OYENIRAN 08/03/2021 11:50 USD 58.34 USD 52.00 Reduce Rating Godfrey OYENIRAN 03/02/2021 10:46 USD 40.97 USD 52.00 Buy Target Price Godfrey OYENIRAN 12/01/2021 11:02 USD 45.36 USD 51.00 Buy Target Price & Rating Godfrey OYENIRAN 11/11/2020 07:58 USD 35.53 USD 36.00 Hold Rating Godfrey OYENIRAN 10/11/2020 10:56 USD 33.38 USD 36.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 09:17 USD 32.84 USD 45.00 Buy Target Price Maggie Yeo 21/04/2020 22:06 USD 34.57 USD 64.00 Buy - Mehdi Slimani Continental (DE0005439004) 20/09/2021 09:40 EUR 95.89 EUR 104.00 Hold Target Price Gregoire Cayeux 06/08/2021 16:16 EUR 115.00 EUR 126.00 Hold Target Price Gregoire Cayeux 21/06/2021 19:09 EUR 125.02 EUR 130.00 Hold Target Price & Rating Gregoire Cayeux 28/05/2021 13:36 EUR 121.44 EUR 115.00 Reduce Target Price & Rating Gregoire Cayeux 08/05/2021 20:13 EUR 112.12 EUR 117.00 Hold Target Price & Rating Gregoire Cayeux 22/04/2021 11:12 EUR 112.40 EUR 130.00 Buy Target Price & Rating Bruno Villeroil 10/03/2021 17:05 EUR 118.50 EUR 120.00 Hold Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 97 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Continental (DE0005439004) 14/01/2021 18:34 EUR 119.50 EUR 123.00 Hold Target Price Bruno Villeroil 20/10/2020 11:59 EUR 102.50 EUR 110.00 Hold Target Price Bruno Villeroil 24/09/2020 12:17 EUR 87.32 EUR 97.00 Hold Target Price & Rating Bruno Villeroil 15/07/2020 10:15 EUR 87.00 EUR 85.00 Reduce Target Price Mehdi Slimani 24/06/2020 12:48 EUR 88.82 EUR 87.00 Reduce Target Price & Rating Bruno Villeroil 04/04/2020 17:41 EUR 60.04 EUR 83.00 Buy - Gregoire Cayeux Corbion (NL0010583399) 09/03/2021 10:37 EUR 42.60 EUR 57.00 Buy Target Price Gregoire Cayeux 27/01/2021 13:15 EUR 46.45 EUR 59.00 Buy Target Price & Rating Gregoire Cayeux 21/01/2021 10:58 EUR 46.60 EUR 47.50 Hold Rating Gregoire Cayeux 03/11/2020 11:06 EUR 41.85 EUR 47.50 Buy Rating Gregoire Cayeux 13/10/2020 12:05 EUR 43.35 EUR 47.50 Hold Rating Bruno Villeroil 25/09/2020 11:49 EUR 38.40 EUR 47.50 Buy Target Price Gregoire Cayeux 02/07/2020 16:02 EUR 31.65 EUR 40.00 Buy Target Price & Rating Patrick Casselman 04/05/2020 00:45 EUR 32.65 EUR 35.00 Hold - Rudy De Groodt Corning Incorporated (US2193501051) 30/04/2021 08:26 USD 44.36 USD 50.00 Buy Target Price Alexis TAY 08/04/2021 11:54 USD 40.97 USD 45.00 Buy Target Price Alexis TAY 11/12/2020 03:21 USD 37.66 USD 40.00 Buy Target Price Alexis TAY 02/11/2020 09:01 USD 31.73 USD 35.00 Buy Target Price Alexis TAY 01/10/2020 12:06 USD 31.20 USD 33.00 Buy Target Price & Rating Alexis TAY 10/09/2020 09:31 USD 33.07 USD 28.00 Sell Target Price & Rating Riadh Hendaoui 29/07/2020 11:26 USD 30.24 USD 27.00 Reduce - Riadh Hendaoui

Date of publication: 23 September 2021 Page 98 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Corteva, Inc. (US22052L1044) 07/05/2021 11:09 USD 48.41 USD 55.00 Buy Target Price Gregoire Cayeux 05/02/2021 17:08 USD 42.66 USD 50.00 Buy Target Price & Rating Bruno Villeroil 06/11/2020 20:20 USD 33.94 USD 35.00 Hold Target Price Bruno Villeroil 01/10/2020 13:23 USD 28.09 USD 28.00 Hold Target Price & Rating Maggie Yeo 07/08/2020 11:52 USD 25.42 USD 40.00 Buy Target Price Gregoire Cayeux 23/07/2020 12:47 USD 28.66 USD 41.00 Buy Target Price Bruno Villeroil 09/05/2020 13:38 USD 25.98 USD 40.00 Buy - Gregoire Cayeux Costco Wholesale Corporation (US22160K1051) 28/05/2021 08:53 USD 387.50 USD 375.00 Hold Target Price Gregoire Cayeux 05/03/2021 08:37 USD 319.04 USD 320.00 Hold Target Price Gregoire Cayeux 11/12/2020 09:15 USD 372.79 USD 375.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 08:13 USD 355.00 USD 365.00 Buy Target Price & Rating Timothy FUNG 17/06/2020 12:11 USD 301.36 USD 286.00 Hold Target Price & Rating Gregoire Cayeux 14/04/2020 12:26 USD 299.62 USD 272.00 Reduce - Gregoire Cayeux Country Garden (KYG245241032) 12/05/2021 11:18 HKD 9.25 Conflict of Interest Target Price & Rating Maggie Yeo 02/09/2020 06:08 HKD 9.61 HKD 11.80 Buy Target Price Maggie Yeo 13/07/2020 10:46 HKD 10.56 HKD 12.50 Buy Target Price & Rating Maggie Yeo 28/05/2020 10:50 HKD 9.59 Conflict of Interest - Alexis TAY Country Garden Services Holdings Company Limited (KYG2453A1085) 14/04/2021 10:40 HKD 73.65 HKD 88.00 Buy Target Price Tony Lau 13/01/2021 09:15 HKD 62.35 HKD 73.00 Buy Target Price Tony Lau 28/08/2020 09:03 HKD 54.60 HKD 65.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 99 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Covestro (DE0006062144) 16/07/2021 21:49 EUR 57.22 EUR 69.00 Buy Target Price Riadh Hendaoui 26/04/2021 18:01 EUR 55.14 EUR 66.00 Buy Target Price & Rating Bruno Villeroil 26/02/2021 16:07 EUR 61.82 EUR 63.00 Hold Target Price Bruno Villeroil 07/01/2021 11:08 EUR 52.70 EUR 54.00 Hold Target Price Bruno Villeroil 11/09/2020 21:33 EUR 42.50 EUR 44.00 Hold Target Price Bruno Villeroil 15/07/2020 22:12 EUR 35.75 EUR 38.00 Hold Target Price Riadh Hendaoui 05/05/2020 15:33 EUR 30.15 EUR 33.00 Hold Rating Bruno Villeroil 04/04/2020 13:06 EUR 26.87 EUR 33.00 Buy - Gregoire Cayeux (FR0000064578) 23/07/2021 15:45 EUR 78.28 EUR 81.00 Hold Target Price & Rating Riadh Hendaoui 21/04/2021 10:58 EUR 78.22 EUR 72.00 Reduce Target Price & Rating Gregoire Cayeux 19/02/2021 12:37 EUR 64.30 EUR 71.00 Hold Target Price Gregoire Cayeux 18/02/2021 12:50 EUR 64.80 EUR 73.00 Hold Rating Gregoire Cayeux 13/01/2021 11:01 EUR 73.80 EUR 73.00 Reduce Target Price & Rating Gregoire Cayeux 09/11/2020 13:09 EUR 53.40 EUR 60.00 Hold Target Price & Rating Gregoire Cayeux 24/07/2020 21:49 EUR 60.95 EUR 73.00 Buy Target Price Mehdi Slimani 17/07/2020 16:30 EUR 64.45 EUR 75.00 Buy Rating Riadh Hendaoui 09/07/2020 13:27 EUR 66.10 EUR 75.00 Hold Rating Gregoire Cayeux 23/04/2020 11:18 EUR 57.65 EUR 75.00 Buy - Gregoire Cayeux Coway (KR7021240007) 11/05/2020 10:36 KRW 61800.00 KRW 94000.00 Buy - Tony Lau Cp All Pcl (TH0737010Y08) 19/04/2021 09:32 THB 63.75 THB 77.00 Buy Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 100 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Cp All Pcl (TH0737010Y08) 23/02/2021 10:38 THB 57.50 THB 76.00 Buy Target Price Maggie Yeo 02/11/2020 10:40 THB 53.75 THB 77.00 Buy Target Price Maggie Yeo 29/06/2020 14:20 THB 67.50 THB 76.00 Buy Target Price Maggie Yeo 29/05/2020 07:04 THB 69.50 THB 83.00 Buy Target Price Maggie Yeo 15/05/2020 10:19 THB 70.25 THB 80.00 Buy Rating Maggie Yeo 13/05/2020 10:58 THB 73.50 THB 80.00 Hold Rating Maggie Yeo 23/04/2020 12:45 THB 66.00 THB 80.00 Buy Target Price Maggie Yeo 25/03/2020 08:29 THB 59.00 THB 87.00 Buy - Maggie Yeo Cpn Retail Growth Leasehold Reit (TH8351010005) 26/06/2020 04:47 THB 27.00 THB 21.20 Sell Target Price & Rating Maggie Yeo 08/04/2020 10:10 THB 24.20 THB 21.00 Reduce Target Price & Rating Maggie Yeo 31/03/2020 07:10 THB 24.00 THB 31.00 Buy - Maggie Yeo Cr Power (HK0836012952) 29/05/2020 11:48 HKD 8.47 HKD 11.00 Buy - Alexis TAY Credit Suisse (CH0012138530) 10/09/2021 20:24 CHF 9.79 CHF 10.50 Hold Target Price Riadh Hendaoui 30/07/2021 15:20 CHF 9.11 CHF 9.75 Hold Target Price Riadh Hendaoui 09/07/2021 14:00 CHF 9.11 CHF 9.50 Hold Rating Riadh Hendaoui 06/07/2021 15:12 CHF 9.72 CHF 9.50 Reduce Rating Riadh Hendaoui 24/06/2021 19:38 CHF 9.40 CHF 9.50 Hold Target Price Riadh Hendaoui 23/04/2021 13:34 CHF 9.18 CHF 10.00 Hold Target Price Riadh Hendaoui 07/04/2021 19:06 CHF 10.12 CHF 10.80 Hold Target Price & Rating Riadh Hendaoui 23/02/2021 14:20 CHF 12.78 CHF 16.70 Buy Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 101 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Credit Suisse (CH0012138530) 21/12/2020 17:58 CHF 11.18 CHF 17.00 Buy Target Price Riadh Hendaoui 30/10/2020 17:27 CHF 8.60 CHF 16.00 Buy Target Price Riadh Hendaoui 03/09/2020 16:15 CHF 10.00 CHF 14.00 Buy Target Price Riadh Hendaoui 10/07/2020 23:26 CHF 9.66 CHF 11.10 Buy Target Price Riadh Hendaoui 01/04/2020 21:45 CHF 8.00 CHF 10.00 Buy - Riadh Hendaoui Crh Plc (IE0001827041) 26/08/2021 18:43 EUR 43.95 EUR 53.50 Buy Target Price Gregoire Cayeux 22/06/2021 20:43 EUR 42.55 EUR 52.50 Buy Target Price Bruno Villeroil 04/03/2021 19:00 EUR 38.16 EUR 49.50 Buy Target Price Bruno Villeroil 28/01/2021 19:20 EUR 34.46 EUR 46.50 Buy Target Price Bruno Villeroil 24/11/2020 18:37 EUR 33.55 EUR 44.00 Buy Target Price Bruno Villeroil 08/10/2020 18:39 EUR 33.30 EUR 43.50 Buy Target Price Bruno Villeroil 07/08/2020 17:50 EUR 32.36 EUR 42.50 Buy Target Price Gregoire Cayeux 09/07/2020 20:34 EUR 31.65 EUR 40.50 Buy Target Price Bruno Villeroil 17/06/2020 16:09 EUR 32.08 EUR 40.00 Buy Target Price Bruno Villeroil 13/05/2020 20:44 EUR 26.17 EUR 33.00 Buy Target Price Bruno Villeroil 26/03/2020 10:44 EUR 22.28 EUR 30.50 Buy - Bruno Villeroil Criteo Sa (US2267181046) 09/07/2020 09:27 USD 13.07 USD 19.00 Buy Target Price Mehdi Slimani 04/05/2020 16:41 USD 9.51 USD 18.20 Buy - Gregoire Cayeux Crown Castle International Corp. (Reit) (US22822V1017) 27/07/2021 11:48 USD 192.24 USD 210.00 Hold Target Price Gregoire Cayeux 27/04/2021 07:40 USD 186.10 USD 200.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 102 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Crown Castle International Corp. (Reit) (US22822V1017) 16/10/2020 14:06 USD 168.14 USD 170.00 Hold Rating Gregoire Cayeux 01/10/2020 09:42 USD 166.50 USD 170.00 Buy - Timothy FUNG Crown Holdings, Inc. (US2283681060) 22/07/2021 21:39 USD 101.78 USD 127.00 Buy Target Price Bruno Villeroil 12/06/2021 12:58 USD 101.30 USD 124.00 Buy - Gregoire Cayeux Crrc Corp (CNE100000BG0) 03/03/2021 05:26 HKD 3.68 HKD 4.00 Hold Target Price Tony Lau 11/01/2021 09:36 HKD 3.00 HKD 3.50 Hold Target Price & Rating Tony Lau 22/12/2020 07:46 HKD 2.80 HKD 3.25 Buy Target Price & Rating Tony Lau 21/12/2020 03:24 HKD 2.80 Conflict of Interest Target Price & Rating Tony Lau 16/07/2020 10:02 HKD 3.62 HKD 8.50 Buy Target Price Tony Lau 09/04/2020 10:10 HKD 4.08 HKD 5.20 Buy - Tony Lau Crrc Corp (A-Share) (CNE100000CP9) 03/03/2021 05:30 CNY 6.89 CNY 7.50 Hold Target Price & Rating Tony Lau 21/12/2020 03:24 CNY 5.37 Conflict of Interest - Tony Lau Crédit Agricole Sa (FR0000045072) 06/08/2021 14:03 EUR 11.93 EUR 15.30 Buy Target Price Gregoire Cayeux 10/05/2021 19:33 EUR 12.87 EUR 15.20 Buy Target Price Riadh Hendaoui 08/04/2021 21:26 EUR 12.50 EUR 15.00 Buy Target Price Riadh Hendaoui 03/03/2021 17:32 EUR 11.98 EUR 14.50 Buy Target Price Riadh Hendaoui 12/02/2021 19:15 EUR 10.72 EUR 13.70 Buy Target Price Riadh Hendaoui 20/01/2021 22:27 EUR 10.05 EUR 13.00 Buy Target Price Riadh Hendaoui 23/11/2020 18:50 EUR 8.95 EUR 12.20 Buy Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 103 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Crédit Agricole Sa (FR0000045072) 05/11/2020 16:38 EUR 7.38 EUR 12.00 Buy Target Price Riadh Hendaoui 01/09/2020 18:04 EUR 8.59 EUR 11.40 Buy Target Price Gregoire Cayeux 10/08/2020 12:34 EUR 8.45 EUR 11.80 Buy Target Price Gregoire Cayeux 07/05/2020 16:42 EUR 7.00 EUR 11.00 Buy Target Price Riadh Hendaoui 31/03/2020 16:05 EUR 6.70 EUR 11.20 Buy - Riadh Hendaoui Cspc (HK1093012172) 06/07/2021 11:45 HKD 11.04 HKD 12.00 Buy Target Price Tony Lau 25/05/2021 10:30 HKD 11.56 HKD 13.00 Buy Target Price Tony Lau 16/03/2021 03:50 HKD 9.44 HKD 12.00 Buy Target Price Tony Lau 23/10/2020 09:40 HKD 8.80 HKD 10.95 Buy Target Price Tony Lau 06/08/2020 13:28 HKD 16.20 HKD 21.00 Buy Target Price Tony Lau 28/05/2020 10:38 HKD 16.94 HKD 24.00 Buy - Alexis TAY Csx Corporation (US1264081035) 23/07/2021 13:00 USD 32.67 USD 36.00 Buy Target Price Bruno Villeroil 30/06/2021 10:36 USD 31.56 USD 35.00 Buy Target Price & Rating Gregoire Cayeux 22/04/2021 09:41 USD 102.69 USD 104.00 Hold Target Price & Rating Gregoire Cayeux 25/01/2021 12:54 USD 87.64 USD 99.00 Buy Target Price Bruno Villeroil 23/10/2020 17:17 USD 81.73 USD 93.00 Buy Target Price Bruno Villeroil 01/10/2020 13:24 USD 77.93 USD 86.00 Buy Target Price & Rating Maggie Yeo 10/07/2020 11:21 USD 67.86 USD 70.00 Hold Rating Gregoire Cayeux 29/04/2020 12:04 USD 66.85 USD 70.00 Buy Target Price Bruno Villeroil 24/04/2020 11:52 USD 61.47 USD 73.00 Buy - Bruno Villeroil

Date of publication: 23 September 2021 Page 104 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ctg Duty Free (CNE100000G29) 03/03/2021 08:42 CNY 316.10 CNY 380.00 Buy Target Price Tony Lau 09/07/2020 02:49 CNY 195.86 CNY 256.00 Buy Target Price Tony Lau 11/05/2020 12:14 CNY 92.68 CNY 114.00 Buy - Tony Lau Cts Eventim (DE0005470306) 27/08/2021 10:41 EUR 53.64 EUR 62.50 Buy Rating Torben BUMANN 04/08/2021 11:44 EUR 58.80 EUR 62.50 Hold Rating Torben BUMANN 26/05/2021 10:29 EUR 55.78 EUR 62.50 Buy Target Price & Rating Torben BUMANN 02/12/2020 11:04 EUR 51.95 EUR 49.00 Reduce Target Price Gregoire Cayeux 24/11/2020 09:37 EUR 50.75 EUR 42.00 Reduce Rating Torben BUMANN 19/11/2020 17:41 EUR 51.75 EUR 42.00 Sell Rating Torben BUMANN 29/09/2020 16:19 EUR 42.08 EUR 42.00 Hold Rating Torben BUMANN 25/05/2020 09:10 EUR 35.80 EUR 42.00 Buy Rating Torben BUMANN 29/04/2020 13:18 EUR 38.98 EUR 42.00 Hold Target Price & Rating Torben BUMANN 01/04/2020 11:25 EUR 41.06 EUR 53.00 Buy - Torben BUMANN Cummins Inc. (US2310211063) 04/08/2021 12:55 USD 233.05 USD 270.00 Buy Target Price Bruno Villeroil 05/05/2021 18:07 USD 255.61 USD 290.00 Buy Target Price Bruno Villeroil 22/03/2021 13:44 USD 265.90 USD 306.00 Buy Target Price Gregoire Cayeux 03/12/2020 09:11 USD 227.18 USD 261.00 Buy Target Price Gregoire Cayeux 28/10/2020 16:58 USD 219.78 USD 230.00 Buy Target Price & Rating Bruno Villeroil 01/10/2020 13:45 USD 204.28 USD 206.00 Hold - Maggie Yeo Cva Wereldhave Sca (BE0003724383) 08/04/2020 10:13 EUR 51.20 No Opinion - Sandra Vandersmissen

Date of publication: 23 September 2021 Page 105 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Cvs Health Corporation (US1266501006) 05/08/2021 10:10 USD 81.55 USD 96.00 Buy Target Price Mehdi Slimani 05/05/2021 14:02 USD 81.12 USD 91.00 Buy Target Price Gregoire Cayeux 17/02/2021 09:28 USD 70.53 USD 87.00 Buy Target Price Mehdi Slimani 09/11/2020 09:02 USD 64.95 USD 84.00 Buy Target Price Mehdi Slimani 01/10/2020 13:14 USD 58.14 USD 79.00 Buy Target Price Godfrey OYENIRAN 07/05/2020 11:26 USD 60.41 USD 92.00 Buy - Mehdi Slimani D'Ieteren (BE0974259880) 22/09/2021 13:04 EUR 135.90 No Opinion Target Price & Rating Gregoire Cayeux 13/07/2021 15:34 EUR 109.70 EUR 122.00 Hold Rating Riadh Hendaoui 13/07/2021 00:59 EUR 107.50 EUR 122.00 Buy Target Price & Rating Riadh Hendaoui 28/05/2021 10:40 EUR 96.60 EUR 106.00 Hold Target Price Gregoire Cayeux 21/12/2020 17:16 EUR 66.50 EUR 73.00 Hold Target Price & Rating Riadh Hendaoui 03/09/2020 11:38 EUR 53.20 EUR 64.00 Buy Target Price Gregoire Cayeux 08/04/2020 18:02 EUR 44.80 EUR 60.00 Buy - Patrick Casselman D.R. Horton, Inc. (US23331A1097) 23/07/2021 12:40 USD 89.64 USD 110.00 Buy Target Price Riadh Hendaoui 23/04/2021 12:33 USD 94.92 USD 120.00 Buy Target Price Riadh Hendaoui 27/01/2021 11:20 USD 77.79 USD 99.00 Buy Target Price Riadh Hendaoui 17/10/2020 20:00 USD 77.09 USD 90.00 Buy Target Price & Rating Riadh Hendaoui 01/10/2020 11:00 USD 75.63 USD 77.00 Hold - Timothy FUNG Daelim Industrial (KR7000210005) 15/05/2020 11:59 KRW 78600.00 KRW 110000.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 106 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Daikin Industries (JP3481800005) 05/01/2021 09:14 JPY 22920.00 JPY 26500.00 Buy Target Price Maggie Yeo 01/07/2020 10:24 JPY 17335.00 JPY 20000.00 Buy Target Price & Rating Maggie Yeo 13/05/2020 10:59 JPY 14080.00 JPY 15000.00 Hold Rating Maggie Yeo 25/03/2020 08:22 JPY 13185.00 JPY 15000.00 Buy - Maggie Yeo Daimler Ag (DE0007100000) 17/09/2021 21:15 EUR 72.13 EUR 100.00 Buy Target Price Bruno Villeroil 21/06/2021 20:44 EUR 77.08 EUR 110.00 Buy Target Price Bruno Villeroil 28/05/2021 17:57 EUR 77.87 EUR 107.00 Buy Target Price Bruno Villeroil 26/04/2021 15:59 EUR 73.70 EUR 110.00 Buy Target Price Bruno Villeroil 13/04/2021 19:57 EUR 75.97 EUR 104.00 Buy Target Price Bruno Villeroil 30/03/2021 18:07 EUR 73.71 EUR 92.00 Buy Target Price & Rating Bruno Villeroil 12/03/2021 09:10 EUR 70.72 Conflict of Interest Target Price & Rating Gregoire Cayeux 02/03/2021 19:25 EUR 66.61 EUR 92.00 Buy Target Price Bruno Villeroil 19/02/2021 12:52 EUR 66.89 EUR 90.00 Buy Target Price Bruno Villeroil 29/01/2021 20:26 EUR 57.59 EUR 82.00 Buy Target Price Bruno Villeroil 15/12/2020 16:16 EUR 56.37 EUR 80.00 Buy Target Price Bruno Villeroil 27/11/2020 18:39 EUR 56.09 EUR 75.00 Buy Target Price & Rating Bruno Villeroil 26/10/2020 16:24 EUR 48.40 EUR 49.00 Hold Rating Bruno Villeroil 19/10/2020 20:38 EUR 49.40 EUR 49.00 Reduce Target Price Bruno Villeroil 24/09/2020 10:47 EUR 44.29 EUR 42.00 Reduce Target Price Bruno Villeroil 24/07/2020 16:28 EUR 40.83 EUR 36.00 Reduce Target Price & Rating Bruno Villeroil 03/04/2020 10:37 EUR 25.18 EUR 33.00 Hold - Bruno Villeroil Dairy Farm International (BMG2624N1535) 03/08/2021 09:54 USD 3.69 USD 3.50 Hold Target Price & Rating Maggie Yeo

Date of publication: 23 September 2021 Page 107 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Dairy Farm International (BMG2624N1535) 17/03/2021 09:06 USD 4.42 USD 5.50 Buy Target Price Maggie Yeo 17/08/2020 06:13 USD 4.27 USD 5.70 Buy Target Price Maggie Yeo 19/06/2020 08:21 USD 4.81 USD 6.30 Buy Target Price Maggie Yeo 12/05/2020 09:34 USD 4.86 USD 5.80 Buy - Maggie Yeo Danaher Corporation (US2358511028) 23/07/2021 15:03 USD 288.96 USD 289.00 Hold Target Price Riadh Hendaoui 23/04/2021 18:03 USD 252.92 USD 260.00 Hold Target Price & Rating Mehdi Slimani 30/03/2021 11:02 USD 226.88 USD 244.00 Buy Rating Mehdi Slimani 03/02/2021 18:32 USD 245.09 USD 244.00 Hold Rating Gregoire Cayeux 29/01/2021 18:30 USD 228.57 USD 244.00 Buy Target Price & Rating Mehdi Slimani 26/10/2020 09:57 USD 232.66 USD 238.00 Hold Target Price Mehdi Slimani 01/10/2020 10:45 USD 215.33 USD 205.00 Hold Target Price & Rating Godfrey OYENIRAN 24/07/2020 11:10 USD 199.22 USD 138.00 Sell Target Price Mehdi Slimani 14/04/2020 12:08 USD 146.13 USD 120.00 Sell - Gregoire Cayeux Danone (FR0000120644) 15/06/2021 22:55 EUR 59.48 EUR 57.00 Reduce Target Price Gregoire Cayeux 21/04/2021 19:09 EUR 59.25 EUR 58.00 Reduce Rating Gregoire Cayeux 06/04/2021 13:43 EUR 58.22 EUR 58.00 Hold Target Price Gregoire Cayeux 16/03/2021 17:54 EUR 59.80 EUR 60.00 Hold Target Price Gregoire Cayeux 22/02/2021 12:37 EUR 56.82 EUR 57.00 Hold Target Price Gregoire Cayeux 13/01/2021 18:07 EUR 52.60 EUR 56.00 Hold Target Price Gregoire Cayeux 24/11/2020 13:58 EUR 50.84 EUR 55.00 Hold Target Price Gregoire Cayeux 20/10/2020 16:30 EUR 53.44 EUR 58.00 Hold Target Price Gregoire Cayeux 03/08/2020 10:58 EUR 56.54 EUR 59.00 Hold Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 108 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Danone (FR0000120644) 01/07/2020 17:49 EUR 61.56 EUR 66.00 Hold Target Price & Rating Gregoire Cayeux 29/06/2020 18:08 EUR 63.44 EUR 72.00 Buy Target Price Gregoire Cayeux 22/04/2020 12:50 EUR 62.84 EUR 74.00 Buy - Gregoire Cayeux Darden Restaurants, Inc. (US2371941053) 25/06/2021 11:18 USD 139.85 USD 160.00 Buy Target Price & Rating Riadh Hendaoui 29/03/2021 13:38 USD 148.98 USD 150.00 Hold Rating Riadh Hendaoui 26/03/2021 14:50 USD 144.90 USD 150.00 Buy Target Price Riadh Hendaoui 03/01/2021 20:18 USD 119.12 USD 130.00 Buy Target Price Riadh Hendaoui 21/12/2020 12:15 USD 116.16 USD 140.00 Buy Target Price Riadh Hendaoui 01/10/2020 10:25 USD 97.17 USD 120.00 Buy - Timothy FUNG Dassault Systèmes (FR0000130650) 07/07/2021 17:15 EUR 210.20 EUR 195.00 Reduce Target Price Gregoire Cayeux 29/04/2021 18:38 EUR 195.10 EUR 185.00 Reduce Target Price Riadh Hendaoui 05/02/2021 15:07 EUR 180.30 EUR 175.00 Reduce Target Price Riadh Hendaoui 24/10/2020 10:22 EUR 148.15 EUR 130.00 Reduce Rating Gregoire Cayeux 30/09/2020 13:18 EUR 161.55 EUR 130.00 Sell Target Price Riadh Hendaoui 24/07/2020 18:21 EUR 153.85 EUR 120.00 Sell Target Price Riadh Hendaoui 21/07/2020 21:20 EUR 160.65 EUR 115.00 Sell Target Price Riadh Hendaoui 02/04/2020 20:47 EUR 132.45 EUR 95.00 Sell Target Price Riadh Hendaoui 01/04/2020 00:48 EUR 132.90 EUR 110.00 Sell - Riadh Hendaoui Datang Int'L Power (CNE1000002Z3) 29/05/2020 12:04 HKD 1.00 HKD 1.10 Hold - Alexis TAY

Date of publication: 23 September 2021 Page 109 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Davita Inc. (US23918K1088) 05/08/2021 10:05 USD 133.78 USD 121.00 Reduce Target Price & Rating Mehdi Slimani 30/06/2021 11:16 USD 120.56 USD 115.00 Hold Target Price Gregoire Cayeux 04/05/2021 20:49 USD 120.92 USD 128.00 Hold Rating Mehdi Slimani 02/05/2021 10:56 USD 116.53 USD 128.00 Buy Target Price & Rating Gregoire Cayeux 18/03/2021 21:54 USD 107.73 USD 116.00 Hold Rating Mehdi Slimani 15/02/2021 09:16 USD 104.99 USD 116.00 Buy Target Price & Rating Mehdi Slimani 07/01/2021 09:33 USD 120.55 USD 93.00 Sell Rating Mehdi Slimani 31/10/2020 16:58 USD 86.25 USD 93.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 13:04 USD 84.64 USD 92.00 Buy - Godfrey OYENIRAN Dbs (SG1L01001701) 29/07/2021 05:55 SGD 29.90 SGD 31.25 Hold Target Price Maggie Yeo 17/06/2021 04:46 SGD 30.07 SGD 30.50 Hold Target Price Maggie Yeo 03/05/2021 10:15 SGD 29.39 SGD 31.00 Hold Target Price Maggie Yeo 22/04/2021 08:13 SGD 29.02 SGD 30.00 Hold Target Price Maggie Yeo 17/02/2021 03:57 SGD 25.88 SGD 27.10 Hold Target Price Maggie Yeo 19/11/2020 07:25 SGD 24.63 SGD 24.10 Hold Rating Maggie Yeo 11/08/2020 08:21 SGD 20.60 SGD 24.10 Buy Target Price Maggie Yeo 07/08/2020 09:49 SGD 20.40 SGD 24.25 Buy Target Price Maggie Yeo 11/06/2020 08:02 SGD 23.06 SGD 26.00 Buy Target Price & Rating Maggie Yeo 04/05/2020 09:58 SGD 19.96 SGD 18.35 Hold Target Price Maggie Yeo 24/04/2020 11:01 SGD 18.74 SGD 18.25 Hold - Maggie Yeo Deere & Company (US2441991054) 19/03/2021 12:08 USD 380.41 USD 430.00 Buy Target Price Bruno Villeroil 22/02/2021 08:27 USD 330.00 USD 381.00 Buy Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 110 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Deere & Company (US2441991054) 18/01/2021 12:32 USD 295.40 USD 345.00 Buy Target Price Bruno Villeroil 27/11/2020 08:27 USD 256.43 USD 298.00 Buy Target Price & Rating Gregoire Cayeux 01/10/2020 13:23 USD 219.25 USD 216.00 Hold Target Price & Rating Maggie Yeo 25/08/2020 11:49 USD 205.40 USD 180.00 Reduce Target Price & Rating Mehdi Slimani 27/05/2020 11:52 USD 148.03 USD 170.00 Buy - Bruno Villeroil Delivery Hero (DE000A2E4K43) 13/08/2021 17:24 EUR 116.40 EUR 149.30 Buy Target Price & Rating Gregoire Cayeux 15/01/2021 12:03 EUR 128.30 No Opinion Target Price & Rating Gregoire Cayeux 07/01/2021 14:08 EUR 138.35 EUR 108.00 Sell Rating Torben BUMANN 16/11/2020 10:52 EUR 99.00 EUR 108.00 Hold Rating Torben BUMANN 04/09/2020 16:43 EUR 87.20 EUR 108.00 Buy Target Price & Rating Torben BUMANN 28/08/2020 10:29 EUR 90.82 EUR 91.40 Hold Rating Torben BUMANN 28/07/2020 11:10 EUR 94.50 EUR 91.40 Reduce Rating Mehdi Slimani 27/07/2020 16:20 EUR 89.76 EUR 91.40 Hold Rating Mehdi Slimani 03/07/2020 11:07 EUR 98.00 EUR 91.40 Reduce Rating Torben BUMANN 28/04/2020 11:42 EUR 75.98 EUR 91.40 Buy - Torben BUMANN Delta Air Lines, Inc. (US2473617023) 16/04/2021 11:55 USD 46.82 USD 55.00 Buy Target Price Bruno Villeroil 15/01/2021 11:53 USD 41.47 USD 51.00 Buy Target Price Bruno Villeroil 10/11/2020 12:19 USD 36.77 USD 44.00 Buy Target Price & Rating Bruno Villeroil 16/10/2020 12:40 USD 31.34 USD 33.00 Hold Target Price & Rating Bruno Villeroil 01/10/2020 13:43 USD 29.56 USD 27.00 Reduce - Maggie Yeo

Date of publication: 23 September 2021 Page 111 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Delta Electronics (TW0002308004) 15/05/2020 10:51 TWD 140.00 TWD 166.00 Buy - Tony Lau Deutsche Bank (DE0005140008) 29/07/2021 15:41 EUR 10.50 EUR 10.75 Hold Target Price & Rating Riadh Hendaoui 24/06/2021 19:55 EUR 10.84 EUR 10.60 Reduce Target Price & Rating Riadh Hendaoui 29/04/2021 17:42 EUR 11.28 EUR 11.00 Hold Target Price & Rating Riadh Hendaoui 15/03/2021 17:35 EUR 10.66 EUR 8.50 Sell Rating Riadh Hendaoui 05/02/2021 16:37 EUR 8.71 EUR 8.50 Reduce Target Price & Rating Riadh Hendaoui 29/10/2020 17:25 EUR 7.76 EUR 6.00 Sell Target Price Riadh Hendaoui 01/04/2020 22:33 EUR 5.97 EUR 5.00 Sell - Riadh Hendaoui Deutsche Börse (DE0005810055) 02/07/2021 22:20 EUR 146.65 EUR 148.00 Hold Target Price Riadh Hendaoui 23/04/2021 13:05 EUR 146.65 EUR 149.00 Hold Target Price & Rating Riadh Hendaoui 23/04/2021 00:25 EUR 146.00 EUR 142.00 Reduce Target Price & Rating Riadh Hendaoui 12/02/2021 20:01 EUR 135.25 EUR 140.00 Hold Target Price Riadh Hendaoui 20/01/2021 16:45 EUR 135.85 EUR 138.00 Hold Target Price Riadh Hendaoui 24/11/2020 18:53 EUR 133.00 EUR 141.00 Hold Target Price Riadh Hendaoui 01/11/2020 07:19 EUR 126.35 EUR 136.00 Hold Target Price & Rating Riadh Hendaoui 29/09/2020 02:32 EUR 147.00 EUR 135.00 Reduce Target Price Riadh Hendaoui 31/07/2020 16:24 EUR 157.15 EUR 137.00 Reduce Target Price & Rating Riadh Hendaoui 03/07/2020 22:03 EUR 165.70 EUR 139.00 Sell Target Price Riadh Hendaoui 02/05/2020 00:56 EUR 141.60 EUR 118.00 Sell - Riadh Hendaoui Deutsche Euroshop (DE0007480204) 15/05/2020 14:53 EUR 11.58 EUR 26.00 Buy - Torben BUMANN

Date of publication: 23 September 2021 Page 112 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Deutsche Post Dhl (DE0005552004) 15/07/2021 17:23 EUR 58.62 EUR 66.00 Buy Target Price Riadh Hendaoui 02/07/2021 13:41 EUR 57.66 EUR 64.00 Buy Target Price Gregoire Cayeux 21/04/2021 19:26 EUR 47.94 EUR 60.00 Buy Target Price Gregoire Cayeux 08/04/2021 16:06 EUR 47.16 EUR 52.00 Buy Target Price & Rating Bruno Villeroil 14/01/2021 20:41 EUR 42.22 EUR 41.00 Hold Rating Bruno Villeroil 12/05/2020 18:40 EUR 26.76 EUR 41.00 Buy - Bruno Villeroil Deutsche Telekom (DE0005557508) 16/09/2021 18:06 EUR 17.40 EUR 21.00 Buy Target Price Mehdi Slimani 25/05/2021 18:53 EUR 17.17 EUR 22.00 Buy Target Price Mehdi Slimani 14/05/2021 16:19 EUR 16.62 EUR 21.00 Buy Target Price Mehdi Slimani 22/04/2021 20:38 EUR 16.03 EUR 20.00 Buy Target Price Mehdi Slimani 19/03/2021 17:55 EUR 16.76 EUR 19.00 Buy Target Price Mehdi Slimani 12/11/2020 10:30 EUR 14.98 EUR 20.00 Buy Target Price Mehdi Slimani 14/08/2020 13:34 EUR 15.31 EUR 19.00 Buy Target Price Gregoire Cayeux 28/07/2020 12:42 EUR 14.72 EUR 17.50 Buy Target Price & Rating Mehdi Slimani 15/05/2020 15:36 EUR 13.70 EUR 14.50 Hold Target Price & Rating Mehdi Slimani 30/03/2020 21:46 EUR 11.70 EUR 14.00 Buy - Mehdi Slimani Deutsche Wohnen (DE000A0HN5C6) 02/08/2021 11:13 EUR 52.64 EUR 52.50 Reduce Rating Torben BUMANN 28/06/2021 10:44 EUR 51.48 EUR 52.50 Hold Target Price & Rating Torben BUMANN 26/03/2021 11:50 EUR 40.45 Conflict of Interest Target Price & Rating Gregoire Cayeux 13/01/2021 14:46 EUR 40.89 EUR 47.50 Buy Target Price & Rating Torben BUMANN 13/08/2020 12:38 EUR 44.53 EUR 42.00 Reduce Rating Torben BUMANN 13/05/2020 11:32 EUR 38.29 EUR 42.00 Hold Rating Torben BUMANN

Date of publication: 23 September 2021 Page 113 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Deutsche Wohnen (DE000A0HN5C6) 25/03/2020 10:28 EUR 31.39 EUR 42.00 Buy - Torben BUMANN Deutz (DE0006305006) 15/09/2021 15:25 EUR 8.13 EUR 10.00 Buy Target Price & Rating Torben BUMANN 12/08/2021 12:10 EUR 7.44 EUR 8.00 Hold Rating Torben BUMANN 16/07/2021 11:26 EUR 6.86 EUR 8.00 Buy Rating Torben BUMANN 01/06/2021 11:25 EUR 7.02 EUR 8.00 Hold Rating Torben BUMANN 23/03/2021 11:13 EUR 6.48 EUR 8.00 Buy Target Price Torben BUMANN 16/02/2021 16:56 EUR 5.84 EUR 7.00 Buy Target Price & Rating Torben BUMANN 25/11/2020 17:21 EUR 4.92 EUR 6.10 Hold Rating Torben BUMANN 23/10/2020 18:34 EUR 5.17 EUR 6.10 Buy Target Price & Rating Torben BUMANN 20/08/2020 15:01 EUR 4.78 EUR 5.50 Hold Rating Torben BUMANN 26/06/2020 11:23 EUR 4.18 EUR 5.50 Buy Target Price & Rating Torben BUMANN 02/04/2020 17:01 EUR 3.31 EUR 3.30 Reduce Target Price & Rating Torben BUMANN 26/03/2020 10:58 EUR 3.49 EUR 4.00 Hold - Torben BUMANN Devon Energy Corporation (US25179M1036) 09/08/2021 09:32 USD 27.01 USD 38.00 Buy Target Price Godfrey OYENIRAN 03/06/2021 11:40 USD 30.80 USD 35.00 Buy Target Price Godfrey OYENIRAN 06/05/2021 08:19 USD 25.23 USD 30.00 Buy Target Price & Rating Godfrey OYENIRAN 09/03/2021 03:49 USD 25.61 USD 25.00 Hold Rating Godfrey OYENIRAN 24/02/2021 04:56 USD 20.54 USD 25.00 Buy Target Price & Rating Godfrey OYENIRAN 11/11/2020 08:09 USD 11.76 USD 12.00 Hold Rating Godfrey OYENIRAN 01/10/2020 09:41 USD 9.46 USD 12.00 Buy - Maggie Yeo

Date of publication: 23 September 2021 Page 114 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Dexcom, Inc. (US2521311074) 04/08/2021 19:16 USD 521.22 USD 452.00 Reduce Target Price & Rating Mehdi Slimani 02/05/2021 11:12 USD 386.10 USD 414.00 Buy Target Price Gregoire Cayeux 07/04/2021 12:06 USD 373.00 USD 408.00 Buy Rating Mehdi Slimani 15/02/2021 09:10 USD 412.56 USD 408.00 Hold Target Price & Rating Mehdi Slimani 11/11/2020 12:20 USD 339.53 USD 379.00 Buy Target Price & Rating Gregoire Cayeux 01/10/2020 10:14 USD 412.23 USD 392.00 Hold - Godfrey OYENIRAN Diageo Plc (GB0002374006) 12/08/2021 10:27 GBP 3593.50 GBP 3500.00 Reduce Target Price Gregoire Cayeux 18/06/2021 12:42 GBP 3488.50 GBP 3300.00 Reduce Target Price Gregoire Cayeux 14/05/2021 11:19 GBP 3303.50 GBP 3200.00 Reduce Target Price Gregoire Cayeux 13/05/2021 08:53 GBP 3298.50 GBP 3000.00 Reduce Rating Gregoire Cayeux 30/03/2021 12:20 GBP 3027.00 GBP 3000.00 Hold Target Price Gregoire Cayeux 11/11/2020 15:57 GBP 2976.50 GBP 2900.00 Hold Target Price Gregoire Cayeux 06/08/2020 14:01 GBP 2623.00 GBP 2750.00 Hold Target Price Gregoire Cayeux 09/06/2020 12:28 GBP 2884.00 GBP 2900.00 Hold Target Price Gregoire Cayeux 18/05/2020 11:23 GBP 2743.00 GBP 2950.00 Hold Rating Gregoire Cayeux 14/04/2020 13:42 GBP 2633.00 GBP 2950.00 Buy Target Price Gregoire Cayeux 25/03/2020 15:47 GBP 2396.00 GBP 2900.00 Buy - Gregoire Cayeux Dialog Semiconductor (GB0059822006) 04/09/2021 08:31 EUR 67.42 No Opinion Target Price & Rating Gregoire Cayeux 09/02/2021 17:42 EUR 65.12 EUR 67.50 Hold Target Price & Rating Torben BUMANN 07/01/2021 14:01 EUR 46.08 EUR 60.00 Buy Target Price Torben BUMANN 10/11/2020 15:25 EUR 36.40 EUR 56.00 Buy Target Price Torben BUMANN 08/10/2020 16:58 EUR 41.00 EUR 54.00 Buy Target Price Torben BUMANN

Date of publication: 23 September 2021 Page 115 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Dialog Semiconductor (GB0059822006) 06/08/2020 14:29 EUR 44.40 EUR 52.00 Buy Target Price Riadh Hendaoui 29/06/2020 13:57 EUR 39.92 EUR 50.00 Buy Target Price & Rating Torben BUMANN 05/06/2020 10:33 EUR 36.77 EUR 42.00 Hold Rating Torben BUMANN 07/05/2020 12:14 EUR 33.47 EUR 42.00 Buy Target Price Torben BUMANN 03/04/2020 13:37 EUR 24.10 EUR 38.00 Buy - Torben BUMANN Digi.Com (MYL6947OO005) 05/10/2020 09:15 MYR 4.03 MYR 3.98 Hold Target Price Maggie Yeo 27/04/2020 09:57 MYR 4.36 MYR 4.20 Hold - Maggie Yeo Digital Realty Trust, Inc. (US2538681030) 06/04/2021 09:01 USD 145.77 USD 170.00 Hold Rating Gregoire Cayeux 15/02/2021 09:51 USD 140.06 USD 170.00 Buy Rating Gregoire Cayeux 03/11/2020 09:36 USD 145.95 USD 170.00 Hold Rating Gregoire Cayeux 01/10/2020 09:44 USD 146.76 USD 170.00 Buy - Timothy FUNG Disco (JP3548600000) 16/09/2021 09:32 JPY 36350.00 JPY 44850.00 Buy Target Price Maggie Yeo 31/05/2021 09:11 JPY 33400.00 JPY 44750.00 Buy Target Price Maggie Yeo 07/04/2021 08:51 JPY 36950.00 JPY 44500.00 Buy Target Price Maggie Yeo 27/01/2021 09:01 JPY 37650.00 JPY 43300.00 Buy Target Price Maggie Yeo 13/01/2021 08:44 JPY 37050.00 JPY 42000.00 Buy Target Price Maggie Yeo 21/12/2020 10:00 JPY 33250.00 JPY 38000.00 Buy Target Price Maggie Yeo 23/10/2020 08:23 JPY 29180.00 JPY 33650.00 Buy Target Price Maggie Yeo 18/09/2020 04:53 JPY 25300.00 JPY 28500.00 Buy Rating Maggie Yeo 22/07/2020 08:22 JPY 27800.00 JPY 28500.00 Hold Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 116 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Disco (JP3548600000) 13/06/2020 15:49 JPY 25660.00 JPY 28000.00 Hold Rating Maggie Yeo 24/03/2020 07:42 JPY 17960.00 JPY 28000.00 Buy - Maggie Yeo Dksh (CH0126673539) 13/09/2021 10:35 CHF 71.40 CHF 85.00 Buy - Torben BUMANN Dollar General Corporation (US2566771059) 27/08/2021 09:37 USD 225.90 USD 225.00 Hold Target Price & Rating Gregoire Cayeux 19/03/2021 08:28 USD 178.80 USD 220.00 Buy Target Price Gregoire Cayeux 04/12/2020 08:26 USD 214.49 USD 240.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:26 USD 208.34 USD 230.00 Buy - Timothy FUNG Dollar Tree, Inc. (US2567461080) 27/08/2021 07:58 USD 93.48 USD 110.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:27 USD 86.80 USD 120.00 Buy - Timothy FUNG Dominion Energy, Inc. (US25746U1097) 09/08/2021 08:01 USD 76.00 USD 83.00 Hold Target Price Gregoire Cayeux 13/05/2021 12:44 USD 77.14 USD 87.00 Hold Rating Gregoire Cayeux 05/05/2021 13:04 USD 79.41 USD 87.00 Buy Target Price & Rating Gregoire Cayeux 13/02/2021 21:43 USD 71.87 USD 79.00 Hold Target Price Gregoire Cayeux 07/11/2020 17:38 USD 83.70 USD 90.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 09:27 USD 78.93 USD 85.00 Buy Target Price & Rating Tony Lau 04/08/2020 09:13 USD 80.33 USD 80.00 Hold Rating Gregoire Cayeux 08/07/2020 11:09 USD 74.22 USD 80.00 Buy Target Price Mehdi Slimani 07/05/2020 11:02 USD 77.73 USD 86.00 Buy Target Price Mehdi Slimani 08/04/2020 10:39 USD 73.44 USD 84.00 Buy Target Price Mehdi Slimani

Date of publication: 23 September 2021 Page 117 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Dominion Energy, Inc. (US25746U1097) 28/03/2020 14:20 USD 73.07 USD 86.00 Buy - Gregoire Cayeux Domino'S Pizza, Inc. (US25754A2015) 23/07/2021 11:07 USD 538.82 USD 550.00 Hold Target Price & Rating Riadh Hendaoui 04/05/2021 16:52 USD 433.59 USD 475.00 Buy Target Price & Rating Riadh Hendaoui 01/05/2021 06:07 USD 415.98 USD 425.00 Hold Target Price & Rating Riadh Hendaoui 26/02/2021 09:10 USD 339.00 USD 375.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:28 USD 413.75 USD 450.00 Buy - Timothy FUNG Dongfeng Motor Group (CNE100000312) 01/04/2021 11:11 HKD 7.29 HKD 8.50 Buy Target Price Tony Lau 02/02/2021 07:54 HKD 7.81 HKD 10.00 Buy Target Price Tony Lau 05/05/2020 06:32 HKD 4.92 HKD 5.70 Buy Target Price Alexis TAY 23/03/2020 07:58 HKD 4.67 HKD 6.80 Buy - Alexis TAY Doordash, Inc. (US25809K1051) 14/08/2021 08:48 USD 194.79 USD 180.00 Reduce Target Price & Rating Gregoire Cayeux 12/06/2021 09:52 USD 154.16 USD 111.00 Sell - Gregoire Cayeux Dsm (NL0000009827) 20/09/2021 19:41 EUR 184.40 EUR 205.00 Buy Target Price & Rating Bruno Villeroil 04/08/2021 20:55 EUR 172.05 EUR 180.00 Hold Target Price & Rating Bruno Villeroil 06/07/2021 19:28 EUR 158.75 EUR 175.00 Buy Target Price Bruno Villeroil 05/05/2021 17:55 EUR 146.95 EUR 172.00 Buy Target Price Bruno Villeroil 06/04/2021 16:15 EUR 144.55 EUR 170.00 Buy Target Price & Rating Bruno Villeroil 01/04/2021 19:15 EUR 144.55 Conflict of Interest Target Price & Rating Gregoire Cayeux 12/01/2021 18:33 EUR 143.50 EUR 170.00 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 118 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Dsm (NL0000009827) 05/11/2020 16:19 EUR 143.20 EUR 160.00 Buy Target Price Bruno Villeroil 01/10/2020 15:51 EUR 140.60 EUR 157.00 Buy Target Price & Rating Bruno Villeroil 15/07/2020 15:45 EUR 128.00 EUR 132.00 Hold Target Price Mehdi Slimani 12/05/2020 15:42 EUR 113.75 EUR 120.00 Hold Target Price Bruno Villeroil 07/04/2020 01:30 EUR 104.30 EUR 109.00 Hold - Bruno Villeroil Dufry (CH0023405456) 11/08/2021 10:02 CHF 49.00 CHF 45.00 Reduce Rating Torben BUMANN 08/07/2021 17:42 CHF 56.00 CHF 45.00 Sell Target Price & Rating Torben BUMANN 06/10/2020 18:10 CHF 32.95 Conflict of Interest Target Price & Rating Gregoire Cayeux 13/07/2020 17:31 CHF 25.61 CHF 20.00 Sell Target Price Torben BUMANN 24/06/2020 13:49 CHF 31.92 CHF 25.00 Sell Rating Torben BUMANN 07/05/2020 18:05 CHF 25.85 CHF 25.00 Reduce Target Price & Rating Torben BUMANN 30/03/2020 12:32 CHF 29.96 CHF 60.00 Buy - Gregoire Cayeux Duke Energy Corporation (US26441C2044) 06/08/2021 09:28 USD 107.93 USD 123.00 Buy Target Price Gregoire Cayeux 13/05/2021 11:47 USD 101.22 USD 122.00 Buy Target Price & Rating Gregoire Cayeux 17/04/2021 13:09 USD 100.67 USD 103.00 Hold Rating Gregoire Cayeux 13/02/2021 22:32 USD 89.82 USD 103.00 Buy Target Price Gregoire Cayeux 07/11/2020 08:19 USD 93.44 USD 107.00 Buy Target Price Gregoire Cayeux 01/10/2020 09:32 USD 88.56 USD 101.00 Buy Target Price Tony Lau 07/07/2020 09:47 USD 79.81 USD 92.00 Buy Target Price Mehdi Slimani 27/03/2020 10:08 USD 81.19 USD 95.00 Buy - Mehdi Slimani

Date of publication: 23 September 2021 Page 119 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Dupont De Nemours, Inc. (US26614N1028) 04/08/2021 11:17 USD 74.39 USD 95.00 Buy Target Price Bruno Villeroil 05/05/2021 15:30 USD 79.50 USD 92.00 Buy Target Price Bruno Villeroil 11/03/2021 11:38 USD 76.69 USD 87.00 Buy Target Price Bruno Villeroil 10/02/2021 12:02 USD 73.47 USD 83.00 Buy Target Price & Rating Bruno Villeroil 26/01/2021 11:22 USD 81.35 USD 85.00 Hold Target Price Bruno Villeroil 02/11/2020 12:09 USD 56.88 USD 60.00 Hold Target Price Bruno Villeroil 01/10/2020 13:52 USD 55.76 USD 55.00 Hold Target Price & Rating Maggie Yeo 22/04/2020 12:30 USD 39.07 USD 85.00 Buy - Bruno Villeroil Dws (DE000DWS1007) 29/07/2021 20:46 EUR 40.18 EUR 48.00 Buy Target Price Riadh Hendaoui 18/06/2021 21:43 EUR 38.60 EUR 45.00 Buy Target Price Gregoire Cayeux 29/04/2021 12:39 EUR 36.68 EUR 44.00 Buy Target Price Torben BUMANN 04/12/2020 14:21 EUR 33.88 EUR 43.00 Buy Target Price Gregoire Cayeux 30/07/2020 23:47 EUR 31.64 EUR 42.00 Buy Target Price Riadh Hendaoui 30/06/2020 14:45 EUR 32.10 EUR 41.00 Buy Target Price Torben BUMANN 28/05/2020 20:32 EUR 33.81 EUR 39.00 Buy Target Price Riadh Hendaoui 01/05/2020 13:56 EUR 28.90 EUR 38.00 Buy Target Price Riadh Hendaoui 04/04/2020 17:07 EUR 20.04 EUR 30.00 Buy - Gregoire Cayeux Dürr (DE0005565204) 28/07/2021 21:23 EUR 39.28 EUR 48.00 Buy Target Price Bruno Villeroil 28/06/2021 10:32 EUR 33.30 EUR 44.00 Buy Target Price Torben BUMANN 01/03/2021 08:13 EUR 32.72 EUR 43.00 Buy Target Price Torben BUMANN 27/11/2020 11:39 EUR 31.00 EUR 40.00 Buy Target Price Gregoire Cayeux 17/11/2020 10:17 EUR 28.32 EUR 34.00 Buy Target Price Torben BUMANN

Date of publication: 23 September 2021 Page 120 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Dürr (DE0005565204) 07/10/2020 14:03 EUR 27.06 EUR 31.00 Buy Target Price & Rating Torben BUMANN 24/09/2020 16:29 EUR 24.60 Conflict of Interest Target Price & Rating Gregoire Cayeux 05/08/2020 17:22 EUR 24.00 EUR 28.00 Buy Target Price Bruno Villeroil 17/06/2020 12:03 EUR 23.00 EUR 26.00 Buy Target Price Torben BUMANN 15/05/2020 14:34 EUR 17.55 EUR 22.00 Buy Target Price Torben BUMANN 24/04/2020 16:48 EUR 20.00 EUR 23.00 Buy Target Price Torben BUMANN 26/03/2020 10:56 EUR 18.71 EUR 25.00 Buy - Torben BUMANN E-Mart (KR7139480008) 15/05/2020 10:40 KRW 112000.00 KRW 87000.00 Sell Rating Tony Lau 11/05/2020 08:34 KRW 114500.00 KRW 87000.00 Reduce - Tony Lau E.On (DE000ENAG999) 13/08/2021 15:22 EUR 10.73 EUR 11.90 Buy Target Price & Rating Mehdi Slimani 12/05/2021 15:02 EUR 10.60 EUR 11.50 Hold Rating Mehdi Slimani 03/03/2021 18:19 EUR 8.50 EUR 11.50 Buy Target Price Mehdi Slimani 12/11/2020 13:38 EUR 9.48 EUR 11.60 Buy Target Price Mehdi Slimani 13/08/2020 11:09 EUR 9.96 EUR 11.00 Buy Target Price Gregoire Cayeux 13/05/2020 12:55 EUR 9.41 EUR 10.90 Buy Target Price Mehdi Slimani 26/03/2020 17:27 EUR 8.86 EUR 10.80 Buy Target Price Mehdi Slimani 23/03/2020 11:12 EUR 8.27 EUR 10.50 Buy - Mehdi Slimani Easyjet (GB00B7KR2P84) 09/09/2021 09:25 GBP 708.20 Conflict of Interest Target Price & Rating Gregoire Cayeux 16/04/2021 12:44 GBP 990.00 GBP 1300.00 Buy Target Price Bruno Villeroil 21/01/2021 16:39 GBP 832.80 GBP 1200.00 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 121 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Easyjet (GB00B7KR2P84) 18/11/2020 16:32 GBP 762.60 GBP 1100.00 Buy Target Price Bruno Villeroil 09/09/2020 16:18 GBP 597.40 GBP 1000.00 Buy Target Price Bruno Villeroil 16/07/2020 21:04 GBP 691.60 GBP 1100.00 Buy Target Price Mehdi Slimani 18/04/2020 16:56 GBP 638.80 GBP 1200.00 Buy - Gregoire Cayeux Eaton Corp Plc (IE00B8KQN827) 31/07/2020 12:36 USD 94.46 USD 100.00 Buy Target Price Bruno Villeroil 04/05/2020 18:14 USD 82.07 USD 95.00 Buy Target Price Bruno Villeroil 21/04/2020 10:11 USD 77.89 USD 91.00 Buy - Gregoire Cayeux Ebara (JP3166000004) 14/05/2020 08:02 JPY 2369.00 JPY 3700.00 Buy - Maggie Yeo Ebay Inc. (US2786421030) 14/08/2021 08:19 USD 74.02 USD 79.00 Buy Target Price Gregoire Cayeux 07/05/2021 07:59 USD 58.82 USD 69.00 Buy Target Price Alexis TAY 09/02/2021 17:19 USD 63.84 USD 74.00 Buy Target Price Gregoire Cayeux 03/11/2020 12:17 USD 47.87 USD 60.00 Buy Target Price Riadh Hendaoui 16/10/2020 12:22 USD 55.40 USD 64.00 Buy Target Price & Rating Riadh Hendaoui 01/10/2020 10:13 USD 50.92 USD 52.00 Hold Rating Tony Lau 05/08/2020 12:27 USD 56.33 USD 52.00 Reduce Target Price & Rating Gregoire Cayeux 22/07/2020 16:41 USD 56.59 USD 46.00 Sell Target Price & Rating Mehdi Slimani 12/05/2020 10:23 USD 42.13 USD 42.00 Hold Target Price Gregoire Cayeux 01/05/2020 12:28 USD 39.83 USD 38.00 Hold Rating Gregoire Cayeux 14/04/2020 10:37 USD 34.76 USD 38.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 122 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ebro Foods (ES0112501012) 29/04/2021 14:07 EUR 17.04 EUR 16.00 Reduce Target Price Gregoire Cayeux 26/02/2021 13:41 EUR 17.58 EUR 15.50 Reduce Target Price Gregoire Cayeux 02/04/2020 10:20 EUR 19.00 EUR 17.00 Reduce - Gregoire Cayeux Eclat Textile (TW0001476000) 13/05/2020 05:50 TWD 271.00 TWD 155.00 Sell - Tony Lau Ecolab Inc. (US2788651006) 02/03/2021 08:15 USD 211.22 USD 225.00 Hold Rating Gregoire Cayeux 17/02/2021 12:43 USD 210.91 USD 225.00 Buy Target Price Bruno Villeroil 29/10/2020 19:47 USD 185.35 USD 198.00 Buy Rating Bruno Villeroil 01/10/2020 13:45 USD 199.16 USD 198.00 Hold - Maggie Yeo Econocom (BE0974313455) 23/07/2021 20:08 EUR 3.30 EUR 3.35 Hold Rating Riadh Hendaoui 17/04/2021 10:25 EUR 3.46 EUR 3.35 Reduce Target Price Gregoire Cayeux 29/01/2021 11:49 EUR 2.50 EUR 2.45 Reduce Rating Gregoire Cayeux 23/10/2020 17:08 EUR 2.34 EUR 2.45 Hold Rating Gregoire Cayeux 01/10/2020 14:58 EUR 2.58 EUR 2.45 Reduce Target Price & Rating Gregoire Cayeux 10/09/2020 13:14 EUR 2.51 EUR 2.00 Sell Rating Gregoire Cayeux 24/08/2020 10:09 EUR 2.31 EUR 2.00 Reduce Target Price & Rating Patrick Casselman 13/08/2020 10:45 EUR 2.48 EUR 2.50 Hold Target Price & Rating Patrick Casselman 08/04/2020 18:06 EUR 1.76 EUR 4.00 Buy - Patrick Casselman Edenred (FR0010908533) 28/07/2021 15:59 EUR 49.20 EUR 55.00 Hold Target Price & Rating Bruno Villeroil 09/06/2021 10:19 EUR 47.22 Conflict of Interest Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 123 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Edenred (FR0010908533) 15/12/2020 13:19 EUR 46.01 EUR 52.00 Buy Target Price & Rating Gregoire Cayeux 24/10/2020 09:57 EUR 42.30 EUR 47.00 Hold Target Price & Rating Gregoire Cayeux 01/05/2020 10:10 EUR 36.77 EUR 43.00 Buy Target Price & Rating Gregoire Cayeux 28/03/2020 10:47 EUR 38.00 EUR 40.00 Hold - Gregoire Cayeux Edf (FR0010242511) 01/06/2021 18:10 EUR 11.42 EUR 14.00 Buy Target Price Mehdi Slimani 02/02/2021 21:28 EUR 10.35 EUR 13.50 Buy Target Price Mehdi Slimani 30/11/2020 13:24 EUR 12.99 EUR 16.00 Buy Target Price Gregoire Cayeux 09/09/2020 14:20 EUR 8.13 EUR 12.00 Buy Target Price & Rating Mehdi Slimani 31/07/2020 15:38 EUR 9.04 EUR 9.50 Hold Target Price & Rating Mehdi Slimani 17/07/2020 14:20 EUR 9.58 EUR 9.00 Reduce Target Price & Rating Mehdi Slimani 15/05/2020 15:27 EUR 7.23 EUR 8.00 Buy Target Price & Rating Mehdi Slimani 17/04/2020 13:56 EUR 7.20 EUR 7.50 Hold Target Price & Rating Gregoire Cayeux 23/03/2020 08:53 EUR 6.93 EUR 8.50 Buy - Mehdi Slimani Edvantage Group Holdings Ltd (KYG2901A1067) 28/07/2021 05:22 HKD 5.84 HKD 6.50 Buy Target Price Tony Lau 18/05/2021 08:58 HKD 8.34 HKD 10.00 Buy Target Price Tony Lau 11/03/2021 11:02 HKD 7.49 HKD 9.50 Buy Target Price & Rating Tony Lau 02/09/2020 12:25 HKD 6.08 HKD 6.50 Hold Target Price Tony Lau 06/07/2020 11:31 HKD 5.93 HKD 6.15 Hold - Tony Lau Edwards Lifesciences Corporation (US28176E1082) 03/08/2021 10:20 USD 113.28 USD 111.00 Hold Target Price & Rating Mehdi Slimani 22/04/2021 20:41 USD 95.24 USD 101.00 Buy Target Price Mehdi Slimani

Date of publication: 23 September 2021 Page 124 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Edwards Lifesciences Corporation (US28176E1082) 15/12/2020 08:14 USD 83.57 USD 92.00 Buy Target Price Gregoire Cayeux 23/10/2020 18:52 USD 79.38 USD 85.00 Buy Target Price Mehdi Slimani 01/10/2020 10:20 USD 79.82 USD 83.00 Buy - Godfrey OYENIRAN Eiffage (FR0000130452) 30/04/2021 20:00 EUR 90.30 EUR 96.00 Hold Target Price Bruno Villeroil 22/03/2021 13:15 EUR 87.46 EUR 88.00 Hold Rating Gregoire Cayeux 29/07/2020 22:06 EUR 77.18 EUR 88.00 Buy Target Price & Rating Bruno Villeroil 23/04/2020 01:18 EUR 70.10 EUR 77.00 Hold Rating Bruno Villeroil 26/03/2020 02:03 EUR 60.38 EUR 77.00 Buy - Bruno Villeroil Electric Power Development Co (JP3551200003) 17/07/2020 08:32 JPY 1822.00 JPY 2000.00 Hold Target Price & Rating Maggie Yeo 04/05/2020 09:33 JPY 1986.00 JPY 2500.00 Buy - Maggie Yeo Electronic Arts Inc. (US2855121099) 09/08/2021 12:31 USD 136.34 USD 174.00 Buy Target Price Gregoire Cayeux 10/06/2021 11:08 USD 145.82 USD 168.00 Buy Target Price Gregoire Cayeux 05/02/2021 11:58 USD 138.63 USD 172.00 Buy Target Price Alexis TAY 12/11/2020 08:31 USD 118.93 USD 150.00 Buy Target Price Alexis TAY 01/10/2020 12:07 USD 131.02 USD 162.00 Buy Target Price & Rating Alexis TAY 04/08/2020 08:35 USD 142.36 USD 118.00 Reduce Rating Gregoire Cayeux 17/05/2020 21:13 USD 118.13 USD 118.00 Hold Target Price Mehdi Slimani 07/05/2020 11:07 USD 115.32 USD 112.00 Hold - Mehdi Slimani Eli Lilly And Company (US5324571083) 04/08/2021 14:33 USD 255.99 USD 251.00 Hold Target Price Mehdi Slimani

Date of publication: 23 September 2021 Page 125 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Eli Lilly And Company (US5324571083) 11/06/2021 12:27 USD 233.54 USD 229.00 Hold Target Price & Rating Mehdi Slimani 28/04/2021 20:48 USD 182.21 USD 227.00 Buy Target Price Mehdi Slimani 01/02/2021 10:19 USD 210.12 USD 232.00 Buy Target Price Mehdi Slimani 21/01/2021 13:50 USD 201.26 USD 216.00 Buy Target Price Gregoire Cayeux 13/01/2021 18:00 USD 178.80 USD 193.00 Buy Target Price Mehdi Slimani 29/10/2020 21:13 USD 131.31 USD 173.00 Buy Target Price Mehdi Slimani 09/10/2020 14:09 USD 153.50 USD 179.00 Buy Target Price Mehdi Slimani 01/10/2020 13:07 USD 149.86 USD 170.00 Buy Target Price & Rating Godfrey OYENIRAN 13/07/2020 09:05 USD 163.36 USD 154.00 Hold Rating Mehdi Slimani 07/07/2020 09:39 USD 166.89 USD 154.00 Reduce Target Price Mehdi Slimani 17/06/2020 16:46 USD 163.71 USD 142.00 Reduce Target Price & Rating Mehdi Slimani 25/04/2020 13:47 USD 162.93 USD 130.00 Sell Rating Gregoire Cayeux 04/04/2020 11:43 USD 139.66 USD 130.00 Reduce - Gregoire Cayeux Elia (BE0003822393) 06/09/2021 10:46 EUR 106.90 EUR 108.00 Hold Target Price & Rating Gregoire Cayeux 14/08/2021 11:44 EUR 104.80 No Opinion Target Price & Rating Gregoire Cayeux 08/03/2021 13:40 EUR 84.90 EUR 88.00 Hold Target Price Gregoire Cayeux 18/11/2020 18:03 EUR 90.90 EUR 93.00 Hold Target Price Gregoire Cayeux 29/09/2020 17:58 EUR 86.60 EUR 90.00 Hold Rating Gregoire Cayeux 04/08/2020 17:34 EUR 90.20 EUR 90.00 Reduce Target Price Gregoire Cayeux 02/06/2020 23:20 EUR 101.40 EUR 93.00 Reduce Target Price Gregoire Cayeux 28/04/2020 11:12 EUR 104.20 EUR 90.00 Reduce - Sandra Vandersmissen Elis (FR0012435121) 22/03/2021 12:49 EUR 14.14 EUR 17.00 Buy Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 126 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Elis (FR0012435121) 10/03/2021 13:43 EUR 14.58 EUR 16.00 Hold Rating Gregoire Cayeux 18/11/2020 16:38 EUR 13.26 EUR 16.00 Buy Target Price Bruno Villeroil 03/08/2020 12:01 EUR 10.32 EUR 13.50 Buy Target Price Riadh Hendaoui 25/06/2020 12:37 EUR 10.51 EUR 13.00 Buy - Gregoire Cayeux Emerson Electric Co. (US2910111044) 05/08/2021 11:18 USD 100.20 USD 106.00 Hold Target Price Gregoire Cayeux 20/05/2021 09:14 USD 93.32 USD 98.00 Hold Rating Gregoire Cayeux 06/05/2021 12:01 USD 90.89 USD 98.00 Buy Target Price Bruno Villeroil 22/03/2021 11:58 USD 88.49 USD 95.00 Buy Target Price Bruno Villeroil 04/02/2021 10:51 USD 83.68 USD 88.00 Buy Target Price Bruno Villeroil 24/12/2020 16:10 USD 80.02 USD 84.00 Buy Target Price Bruno Villeroil 01/10/2020 13:43 USD 63.89 USD 74.00 Buy Target Price & Rating Maggie Yeo 31/08/2020 10:52 USD 70.65 USD 70.00 Hold Target Price & Rating Gregoire Cayeux 06/08/2020 09:49 USD 64.69 USD 68.00 Buy Target Price Gregoire Cayeux 22/04/2020 11:13 USD 50.77 USD 65.00 Buy Target Price Bruno Villeroil 15/04/2020 09:33 USD 50.49 USD 67.00 Buy - Gregoire Cayeux Emmi (CH0012829898) 19/08/2021 10:50 CHF 1083.00 CHF 1150.00 Hold Target Price Torben BUMANN 28/08/2020 09:28 CHF 918.50 CHF 1000.00 Hold Target Price Torben BUMANN 15/06/2020 17:15 CHF 810.00 CHF 825.00 Hold Target Price Torben BUMANN 01/04/2020 14:01 CHF 883.00 CHF 900.00 Hold - Torben BUMANN Ems-Chemie (CH0016440353) 16/07/2021 11:35 CHF 946.00 CHF 900.00 Reduce Rating Torben BUMANN

Date of publication: 23 September 2021 Page 127 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ems-Chemie (CH0016440353) 15/02/2021 14:23 CHF 895.00 CHF 900.00 Hold Target Price & Rating Torben BUMANN 12/02/2021 10:31 CHF 892.00 CHF 885.00 Reduce Rating Torben BUMANN 11/02/2021 10:30 CHF 887.00 CHF 885.00 Hold Target Price & Rating Torben BUMANN 02/10/2020 11:46 CHF 833.00 CHF 710.00 Reduce Target Price Torben BUMANN 10/09/2020 11:00 CHF 829.50 CHF 730.00 Reduce Target Price & Rating Torben BUMANN 20/04/2020 11:54 CHF 621.50 CHF 520.00 Sell Target Price & Rating Torben BUMANN 03/04/2020 11:00 CHF 584.00 CHF 510.00 Reduce - Torben BUMANN Enagas (ES0130960018) 24/02/2021 18:36 EUR 17.62 EUR 19.00 Hold Target Price & Rating Mehdi Slimani 19/02/2021 14:20 EUR 17.09 EUR 20.00 Buy Target Price Gregoire Cayeux 08/01/2021 22:38 EUR 18.12 EUR 21.00 Buy Target Price Gregoire Cayeux 18/11/2020 15:41 EUR 19.86 EUR 23.00 Buy Target Price & Rating Gregoire Cayeux 22/07/2020 19:08 EUR 22.14 EUR 22.00 Reduce Target Price Mehdi Slimani 02/06/2020 18:15 EUR 20.92 EUR 20.00 Reduce Target Price Mehdi Slimani 22/04/2020 21:28 EUR 20.09 EUR 19.00 Reduce - Mehdi Slimani Endesa (ES0130670112) 27/07/2021 21:50 EUR 21.23 EUR 25.50 Buy Target Price Riadh Hendaoui 11/01/2021 18:27 EUR 22.78 EUR 27.80 Buy Target Price Mehdi Slimani 27/11/2020 15:11 EUR 23.95 EUR 28.60 Buy Target Price Gregoire Cayeux 05/11/2020 16:40 EUR 24.22 EUR 27.60 Buy Target Price & Rating Mehdi Slimani 29/07/2020 18:13 EUR 24.64 EUR 26.40 Hold Target Price & Rating Mehdi Slimani 10/07/2020 09:59 EUR 23.41 EUR 26.30 Buy Target Price Mehdi Slimani 05/05/2020 14:06 EUR 19.55 EUR 23.30 Buy - Mehdi Slimani

Date of publication: 23 September 2021 Page 128 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Enel (IT0003128367) 22/03/2021 18:07 EUR 8.31 EUR 7.70 Reduce Target Price Mehdi Slimani 27/11/2020 13:53 EUR 8.47 EUR 7.60 Reduce Target Price Gregoire Cayeux 06/11/2020 17:13 EUR 7.61 EUR 7.30 Reduce Target Price Mehdi Slimani 10/07/2020 11:04 EUR 7.94 EUR 7.20 Reduce Target Price & Rating Mehdi Slimani 23/03/2020 10:48 EUR 5.89 EUR 6.30 Hold - Mehdi Slimani Energias De Portugal (Edp) (PTEDP0AM0009) 15/01/2021 09:37 EUR 5.35 Conflict of Interest Target Price & Rating Gregoire Cayeux 08/01/2021 19:21 EUR 5.57 EUR 6.30 Buy Target Price Gregoire Cayeux 02/11/2020 18:17 EUR 4.23 EUR 4.90 Buy Target Price & Rating Mehdi Slimani 07/09/2020 14:31 EUR 4.14 EUR 4.80 Hold Target Price & Rating Gregoire Cayeux 31/07/2020 10:17 EUR 4.28 Conflict of Interest Target Price & Rating Gregoire Cayeux 11/05/2020 08:23 EUR 4.12 EUR 4.70 Buy - Mehdi Slimani Engie (FR0010208488) 02/08/2021 15:46 EUR 11.25 EUR 17.20 Buy Target Price Mehdi Slimani 21/04/2021 20:27 EUR 12.17 EUR 17.10 Buy Target Price Mehdi Slimani 06/10/2020 18:59 EUR 11.51 EUR 17.00 Buy Target Price Mehdi Slimani 14/09/2020 18:10 EUR 11.78 EUR 16.90 Buy Target Price Mehdi Slimani 04/08/2020 18:25 EUR 11.90 EUR 16.50 Buy Target Price Gregoire Cayeux 03/07/2020 19:31 EUR 11.37 EUR 15.40 Buy Target Price Mehdi Slimani 20/04/2020 18:42 EUR 9.49 EUR 15.20 Buy Target Price Mehdi Slimani 23/03/2020 10:43 EUR 10.40 EUR 15.60 Buy - Mehdi Slimani Eni (IT0003132476) 06/07/2021 13:31 EUR 10.46 EUR 12.50 Buy Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 129 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Eni (IT0003132476) 13/04/2021 18:01 EUR 10.16 EUR 10.75 Hold Target Price & Rating Gregoire Cayeux 22/02/2021 18:16 EUR 9.20 EUR 9.00 Reduce Target Price Mehdi Slimani 15/12/2020 21:16 EUR 8.68 EUR 7.90 Reduce Target Price & Rating Mehdi Slimani 27/04/2020 22:42 EUR 8.25 EUR 9.00 Hold - Mehdi Slimani Entergy Corporation (US29364G1031) 05/08/2021 10:47 USD 103.71 USD 96.00 Reduce Target Price Gregoire Cayeux 30/04/2021 08:17 USD 106.58 USD 98.00 Reduce Target Price & Rating Gregoire Cayeux 25/02/2021 07:58 USD 89.97 USD 112.00 Buy Target Price & Rating Gregoire Cayeux 30/10/2020 16:35 USD 101.48 USD 110.00 Hold Rating Gregoire Cayeux 01/10/2020 09:40 USD 98.53 USD 110.00 Buy Target Price & Rating Tony Lau 30/07/2020 10:35 USD 104.13 USD 107.00 Hold Target Price & Rating Mehdi Slimani 17/05/2020 21:25 USD 94.98 USD 106.00 Buy Target Price Mehdi Slimani 28/03/2020 12:01 USD 97.34 USD 105.00 Buy - Gregoire Cayeux Equinix, Inc. (Reit) (US29444U7000) 16/07/2021 00:51 USD 831.84 USD 870.00 Buy Target Price Riadh Hendaoui 19/03/2021 12:05 USD 646.83 USD 820.00 Buy Target Price & Rating Gregoire Cayeux 11/01/2021 11:10 USD 682.39 Conflict of Interest Target Price & Rating Gregoire Cayeux 11/01/2021 09:59 USD 692.46 USD 820.00 Buy Target Price & Rating Gregoire Cayeux 02/11/2020 19:31 USD 738.32 Conflict of Interest Target Price & Rating Gregoire Cayeux 16/10/2020 09:17 USD 814.83 USD 820.00 Hold Rating Gregoire Cayeux 01/10/2020 09:25 USD 750.00 USD 820.00 Buy Target Price & Rating Timothy FUNG 03/08/2020 17:27 USD 785.48 USD 500.00 Sell Target Price & Rating Riadh Hendaoui 11/05/2020 15:44 USD 678.00 Conflict of Interest Target Price & Rating Gregoire Cayeux 29/04/2020 10:10 USD 683.76 USD 475.00 Sell - Gregoire Cayeux

Date of publication: 23 September 2021 Page 130 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Equinor (NO0010096985) 05/07/2021 16:34 NOK 184.42 NOK 205.00 Hold Target Price Gregoire Cayeux 16/06/2021 15:48 NOK 187.40 NOK 200.00 Hold Rating Mehdi Slimani 12/05/2021 14:59 NOK 177.26 NOK 200.00 Buy Target Price & Rating Mehdi Slimani 30/04/2021 17:47 NOK 173.72 NOK 190.00 Hold Rating Mehdi Slimani 13/04/2021 18:14 NOK 163.90 NOK 190.00 Buy Target Price Gregoire Cayeux 12/02/2021 17:42 NOK 153.25 NOK 180.00 Buy Rating Mehdi Slimani 25/01/2021 12:18 NOK 163.00 NOK 180.00 Hold Rating Mehdi Slimani 12/01/2021 17:18 NOK 156.75 NOK 180.00 Buy Target Price Mehdi Slimani 11/05/2020 08:02 NOK 140.75 NOK 170.00 Buy Target Price Mehdi Slimani 25/04/2020 14:31 NOK 133.00 NOK 150.00 Buy - Gregoire Cayeux Equity Residential (US29476L1070) 29/07/2021 11:40 USD 84.16 USD 87.00 Buy Target Price & Rating Gregoire Cayeux 29/04/2021 10:11 USD 73.63 USD 66.00 Reduce Target Price & Rating Gregoire Cayeux 12/02/2021 08:38 USD 67.76 USD 53.00 Sell Rating Gregoire Cayeux 11/12/2020 08:53 USD 59.79 USD 53.00 Reduce Target Price & Rating Gregoire Cayeux 30/10/2020 09:46 USD 46.26 USD 49.00 Hold Rating Gregoire Cayeux 04/10/2020 14:13 USD 55.09 USD 49.00 Reduce Rating Gregoire Cayeux 01/10/2020 09:27 USD 51.33 USD 49.00 Hold Target Price & Rating Timothy FUNG 24/08/2020 09:28 USD 54.69 USD 72.00 Buy Target Price Mehdi Slimani 07/05/2020 10:36 USD 61.02 USD 78.00 Buy - Gregoire Cayeux Ericsson (SE0000108656) 05/07/2021 15:20 SEK 109.96 SEK 155.00 Buy Target Price & Rating Riadh Hendaoui 22/04/2021 20:13 SEK 120.60 SEK 135.00 Hold Target Price Riadh Hendaoui 21/04/2021 14:48 SEK 115.88 SEK 125.00 Hold Rating Riadh Hendaoui

Date of publication: 23 September 2021 Page 131 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ericsson (SE0000108656) 02/02/2021 19:07 SEK 107.20 SEK 125.00 Buy Target Price & Rating Riadh Hendaoui 22/10/2020 12:57 SEK 108.00 SEK 120.00 Hold Target Price & Rating Riadh Hendaoui 22/09/2020 09:55 SEK 94.62 SEK 115.00 Buy Target Price & Rating Riadh Hendaoui 20/07/2020 20:19 SEK 97.66 SEK 110.00 Hold Target Price Riadh Hendaoui 16/07/2020 23:55 SEK 88.36 SEK 100.00 Hold Rating Riadh Hendaoui 23/04/2020 17:42 SEK 85.22 SEK 100.00 Buy Target Price Riadh Hendaoui 18/04/2020 18:16 SEK 86.60 SEK 105.00 Buy - Gregoire Cayeux Erste Bank (AT0000652011) 02/08/2021 18:01 EUR 32.71 EUR 39.50 Buy Target Price Gregoire Cayeux 15/07/2021 15:13 EUR 30.89 EUR 40.00 Buy Target Price & Rating Riadh Hendaoui 24/06/2021 15:58 EUR 31.98 EUR 35.70 Hold Target Price Riadh Hendaoui 19/05/2021 19:58 EUR 34.29 EUR 37.00 Hold Target Price & Rating Riadh Hendaoui 03/05/2021 16:22 EUR 29.60 EUR 35.50 Buy Target Price & Rating Riadh Hendaoui 16/04/2021 18:06 EUR 28.91 EUR 31.00 Hold Target Price Riadh Hendaoui 01/03/2021 16:38 EUR 27.29 EUR 30.00 Hold Rating Riadh Hendaoui 27/01/2021 22:27 EUR 26.11 EUR 30.00 Buy Target Price Riadh Hendaoui 03/11/2020 15:11 EUR 17.95 EUR 27.00 Buy Target Price Riadh Hendaoui 20/10/2020 21:26 EUR 17.86 EUR 25.00 Buy Target Price Riadh Hendaoui 25/06/2020 22:06 EUR 20.27 EUR 26.00 Buy Target Price Riadh Hendaoui 04/05/2020 22:18 EUR 19.82 EUR 25.00 Buy Target Price Riadh Hendaoui 01/04/2020 22:09 EUR 16.88 EUR 26.60 Buy - Riadh Hendaoui Essilorluxottica (FR0000121667) 02/08/2021 14:17 EUR 159.16 EUR 175.00 Buy Target Price & Rating Gregoire Cayeux 30/06/2021 18:58 EUR 155.58 EUR 165.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 132 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Essilorluxottica (FR0000121667) 11/06/2021 14:09 EUR 146.32 EUR 155.00 Hold Rating Gregoire Cayeux 15/03/2021 14:57 EUR 139.75 EUR 155.00 Buy Target Price Gregoire Cayeux 08/02/2021 17:20 EUR 128.75 EUR 150.00 Buy Target Price & Rating Gregoire Cayeux 18/12/2020 23:33 EUR 129.05 EUR 140.00 Hold Rating Gregoire Cayeux 08/06/2020 11:06 EUR 125.30 EUR 140.00 Buy - Mehdi Slimani Essity B (SE0009922164) 29/06/2021 13:44 SEK 281.00 SEK 340.00 Buy Target Price Gregoire Cayeux 26/04/2021 13:34 SEK 277.60 SEK 335.00 Buy Target Price Gregoire Cayeux 14/01/2021 19:05 SEK 266.30 SEK 340.00 Buy Target Price Gregoire Cayeux 22/10/2020 19:00 SEK 298.30 SEK 365.00 Buy Target Price Gregoire Cayeux 23/09/2020 18:32 SEK 303.30 SEK 370.00 Buy Target Price Gregoire Cayeux 15/07/2020 10:33 SEK 292.50 SEK 365.00 Buy Target Price Mehdi Slimani 01/07/2020 11:07 SEK 301.10 SEK 370.00 Buy Target Price Gregoire Cayeux 24/04/2020 14:36 SEK 305.30 SEK 355.00 Buy Target Price Gregoire Cayeux 18/04/2020 14:10 SEK 305.10 SEK 340.00 Buy - Gregoire Cayeux (FR0000121121) 29/07/2021 12:51 EUR 80.85 EUR 91.00 Buy Target Price Gregoire Cayeux 12/03/2021 13:18 EUR 66.15 EUR 79.00 Buy Target Price Gregoire Cayeux 03/12/2020 16:48 EUR 53.75 EUR 62.00 Buy Target Price Gregoire Cayeux 21/10/2020 14:50 EUR 43.52 EUR 54.00 Buy Target Price Gregoire Cayeux 19/05/2020 13:42 EUR 41.62 EUR 65.00 Buy - Gregoire Cayeux Eurofins Scientific (FR0014000MR3) 09/08/2021 13:45 EUR 112.74 EUR 100.00 Reduce Target Price Mehdi Slimani

Date of publication: 23 September 2021 Page 133 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Eurofins Scientific (FR0014000MR3) 09/07/2021 15:24 EUR 101.00 EUR 95.00 Reduce Target Price & Rating Gregoire Cayeux 08/05/2021 10:04 EUR 82.44 EUR 90.00 Hold Target Price & Rating Gregoire Cayeux 17/04/2021 19:12 EUR 88.21 EUR 85.00 Reduce Target Price & Rating Gregoire Cayeux 18/01/2021 20:46 EUR 74.75 EUR 78.00 Hold Target Price & Rating Gregoire Cayeux 23/10/2020 18:41 EUR 718.80 EUR 700.00 Reduce Target Price Mehdi Slimani 15/10/2020 17:44 EUR 697.20 EUR 650.00 Reduce Target Price Mehdi Slimani 10/07/2020 18:09 EUR 549.20 EUR 525.00 Reduce Target Price Mehdi Slimani 07/05/2020 14:49 EUR 523.60 EUR 490.00 Reduce Target Price Mehdi Slimani 06/04/2020 18:39 EUR 416.20 EUR 370.00 Reduce - Gregoire Cayeux Euronav (BE0003816338) 13/08/2021 11:33 EUR 6.68 EUR 12.20 Buy Target Price Gregoire Cayeux 06/08/2021 11:56 EUR 6.86 EUR 12.00 Buy Target Price Gregoire Cayeux 10/05/2021 16:22 EUR 7.49 EUR 12.50 Buy Target Price Gregoire Cayeux 22/04/2021 14:54 EUR 7.04 EUR 12.40 Buy Target Price Gregoire Cayeux 04/02/2021 11:43 EUR 6.80 EUR 11.80 Buy Target Price Gregoire Cayeux 09/11/2020 15:11 EUR 6.60 EUR 10.50 Buy Target Price Gregoire Cayeux 03/11/2020 10:22 EUR 6.50 EUR 10.70 Buy Target Price Gregoire Cayeux 17/09/2020 11:52 EUR 8.22 EUR 11.30 Buy Target Price Gregoire Cayeux 12/05/2020 11:17 EUR 9.20 EUR 14.00 Buy - Patrick Casselman (FR0010221234) 12/05/2021 19:12 EUR 10.55 EUR 9.00 Reduce Rating Gregoire Cayeux 09/04/2021 15:26 EUR 10.64 EUR 9.00 Sell Target Price & Rating Gregoire Cayeux 15/02/2021 18:19 EUR 10.32 EUR 11.00 Hold Target Price & Rating Mehdi Slimani 19/11/2020 12:52 EUR 10.30 EUR 10.00 Reduce Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 134 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Eutelsat (FR0010221234) 05/08/2020 14:17 EUR 8.77 EUR 10.00 Buy Target Price Gregoire Cayeux 15/05/2020 15:19 EUR 9.00 EUR 11.00 Buy Rating Mehdi Slimani 20/04/2020 18:23 EUR 10.25 EUR 11.00 Hold - Mehdi Slimani Evergrande Real Estate Group Ltd (KYG2119W1069) 28/07/2021 08:01 HKD 5.81 HKD 4.40 Sell Target Price & Rating Maggie Yeo 14/01/2021 08:12 HKD 14.50 HKD 15.00 Hold Target Price Maggie Yeo 07/10/2020 08:13 HKD 19.84 HKD 18.00 Hold Target Price Maggie Yeo 02/09/2020 06:05 HKD 18.10 HKD 19.00 Hold Target Price Maggie Yeo 13/07/2020 10:43 HKD 23.70 HKD 25.50 Hold Target Price & Rating Maggie Yeo 13/07/2020 10:36 HKD 23.90 Conflict of Interest - Maggie Yeo Evonik (DE000EVNK013) 06/08/2021 11:32 EUR 28.90 EUR 35.00 Buy Target Price Torben BUMANN 30/06/2021 12:06 EUR 28.16 EUR 34.00 Buy Target Price Torben BUMANN 28/06/2021 09:40 EUR 28.08 EUR 32.00 Buy Rating Torben BUMANN 16/04/2021 16:57 EUR 30.37 EUR 32.00 Hold Target Price & Rating Torben BUMANN 04/03/2021 14:01 EUR 29.13 EUR 29.00 Reduce Rating Torben BUMANN 12/01/2021 17:12 EUR 27.04 EUR 29.00 Hold Target Price & Rating Torben BUMANN 16/10/2020 17:32 EUR 22.99 EUR 20.00 Reduce Rating Bruno Villeroil 06/08/2020 16:43 EUR 24.33 EUR 20.00 Sell Target Price Riadh Hendaoui 28/05/2020 19:54 EUR 22.86 EUR 18.50 Sell Target Price & Rating Torben BUMANN 04/05/2020 10:40 EUR 22.28 EUR 19.00 Reduce - Torben BUMANN Evs (BE0003820371) 16/07/2021 13:15 EUR 17.98 EUR 18.00 Hold Target Price & Rating Riadh Hendaoui

Date of publication: 23 September 2021 Page 135 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Evs (BE0003820371) 25/02/2021 11:39 EUR 15.74 EUR 14.00 Reduce Rating Gregoire Cayeux 14/11/2020 10:42 EUR 13.48 EUR 14.00 Hold Rating Gregoire Cayeux 27/08/2020 11:04 EUR 14.86 EUR 14.00 Reduce Target Price & Rating Patrick Casselman 13/08/2020 10:48 EUR 15.62 EUR 16.00 Hold Target Price & Rating Patrick Casselman 14/05/2020 17:28 EUR 13.72 EUR 23.00 Buy - Patrick Casselman Exelon Corporation (US30161N1019) 05/08/2021 09:44 USD 46.77 USD 52.00 Hold Target Price Gregoire Cayeux 06/05/2021 09:35 USD 43.53 USD 47.00 Hold Target Price Gregoire Cayeux 11/03/2021 09:13 USD 41.86 USD 44.00 Hold Target Price Gregoire Cayeux 07/11/2020 10:09 USD 42.84 USD 45.00 Hold Rating Gregoire Cayeux 04/11/2020 08:42 USD 40.96 USD 45.00 Buy Target Price Gregoire Cayeux 31/03/2020 09:14 USD 37.23 USD 41.00 Buy Target Price Mehdi Slimani 28/03/2020 11:11 USD 35.50 USD 44.00 Buy - Gregoire Cayeux Exmar (BE0003808251) 07/05/2021 17:28 EUR 3.42 EUR 5.30 Buy Target Price & Rating Gregoire Cayeux 22/03/2021 10:53 EUR 3.32 EUR 3.20 Reduce Rating Gregoire Cayeux 15/09/2020 11:52 EUR 2.17 EUR 3.20 Buy Target Price Gregoire Cayeux 18/08/2020 14:21 EUR 2.06 EUR 5.50 Buy Target Price Patrick Casselman 05/05/2020 18:02 EUR 4.53 EUR 7.00 Buy - Patrick Casselman Expedia Group, Inc. (US30212P3038) 06/08/2021 09:39 USD 161.69 USD 180.00 Buy Target Price Gregoire Cayeux 11/05/2021 09:15 USD 173.46 USD 200.00 Buy Target Price & Rating Gregoire Cayeux 16/02/2021 19:15 USD 147.84 Conflict of Interest Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 136 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Expedia Group, Inc. (US30212P3038) 13/02/2021 22:04 USD 146.51 USD 160.00 Buy Target Price & Rating Gregoire Cayeux 07/11/2020 17:04 USD 103.27 USD 110.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 10:15 USD 91.69 USD 85.00 Reduce Target Price & Rating Tony Lau 05/08/2020 11:45 USD 79.74 USD 127.00 Buy Target Price Gregoire Cayeux 28/03/2020 09:01 USD 60.03 USD 138.00 Buy - Gregoire Cayeux Experian Group (GB00B19NLV48) 05/08/2021 23:25 GBP 3251.00 GBP 3250.00 Hold Target Price Gregoire Cayeux 12/07/2021 18:27 GBP 2938.00 GBP 3150.00 Hold Target Price & Rating Riadh Hendaoui 07/12/2020 18:18 GBP 2661.00 GBP 3000.00 Buy Target Price & Rating Gregoire Cayeux 08/10/2020 16:04 GBP 2915.00 GBP 2800.00 Reduce Target Price Bruno Villeroil 10/07/2020 18:41 GBP 2789.00 GBP 2500.00 Reduce Target Price Gregoire Cayeux 05/05/2020 13:43 GBP 2347.00 GBP 2250.00 Reduce Target Price & Rating Gregoire Cayeux 06/04/2020 17:37 GBP 2114.00 GBP 2300.00 Hold - Gregoire Cayeux Extra Space Storage Inc. (US30225T1025) 23/09/2020 15:07 USD 104.39 Conflict of Interest - Gregoire Cayeux Exxon Mobil Corporation (US30231G1022) 21/07/2021 09:42 USD 55.35 USD 64.00 Buy Target Price & Rating Godfrey OYENIRAN 15/06/2021 09:56 USD 62.07 USD 63.00 Hold Rating Godfrey OYENIRAN 03/05/2021 09:27 USD 57.24 USD 63.00 Buy Target Price Godfrey OYENIRAN 25/03/2021 08:23 USD 56.34 USD 59.00 Buy Rating Godfrey OYENIRAN 08/03/2021 11:17 USD 60.93 USD 59.00 Hold Target Price Godfrey OYENIRAN 05/02/2021 08:48 USD 48.33 USD 48.00 Hold Rating Godfrey OYENIRAN 03/02/2021 10:34 USD 45.63 USD 48.00 Buy Target Price Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 137 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Exxon Mobil Corporation (US30231G1022) 02/02/2021 10:35 USD 44.92 USD 47.00 Buy Rating Godfrey OYENIRAN 29/01/2021 11:01 USD 46.06 USD 47.00 Hold Target Price & Rating Godfrey OYENIRAN 15/12/2020 07:30 USD 42.22 USD 43.00 Buy Target Price Godfrey OYENIRAN 10/11/2020 11:02 USD 36.93 USD 38.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 09:20 USD 34.33 USD 43.00 Buy Target Price Maggie Yeo 17/05/2020 21:07 USD 42.00 USD 74.00 Buy Target Price Mehdi Slimani 10/04/2020 08:38 USD 43.13 USD 76.00 Buy - Gregoire Cayeux Facebook, Inc. (US30303M1027) 03/08/2021 08:34 USD 358.32 USD 357.00 Hold Target Price Alexis TAY 05/07/2021 04:28 USD 354.39 USD 348.00 Hold Rating Alexis TAY 04/05/2021 12:40 USD 322.58 USD 348.00 Buy Target Price Alexis TAY 01/02/2021 08:14 USD 265.00 USD 320.00 Buy Target Price Alexis TAY 04/11/2020 09:10 USD 261.36 USD 274.00 Buy Target Price & Rating Alexis TAY 01/10/2020 12:07 USD 254.75 USD 240.00 Hold Target Price & Rating Alexis TAY 03/08/2020 23:29 USD 253.67 USD 265.00 Buy Target Price & Rating Riadh Hendaoui 10/07/2020 11:28 USD 244.50 USD 245.00 Hold Target Price Mehdi Slimani 01/05/2020 15:38 USD 204.71 USD 215.00 Hold Rating Gregoire Cayeux 04/04/2020 15:33 USD 154.18 USD 215.00 Buy - Gregoire Cayeux Fagron (BE0003874915) 19/05/2021 10:47 EUR 18.98 EUR 20.75 Hold Target Price Gregoire Cayeux 11/02/2021 11:19 EUR 20.98 EUR 21.75 Hold Rating Gregoire Cayeux 13/10/2020 17:21 EUR 22.02 EUR 21.75 Reduce Rating Mehdi Slimani 13/08/2020 10:56 EUR 18.90 EUR 21.75 Buy Target Price & Rating Patrick Casselman 30/04/2020 17:51 EUR 20.70 EUR 20.00 Reduce Rating Patrick Casselman

Date of publication: 23 September 2021 Page 138 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Fagron (BE0003874915) 15/04/2020 11:44 EUR 19.51 EUR 20.00 Hold - Patrick Casselman Fanuc (JP3802400006) 06/05/2021 08:59 JPY 25175.00 JPY 34000.00 Buy Target Price & Rating Maggie Yeo 28/04/2020 05:53 JPY 16630.00 JPY 18000.00 Hold - Maggie Yeo Far East Hospitality Trust (SG2F08984575) 21/07/2021 11:30 SGD .58 SGD .62 Hold Target Price Maggie Yeo 21/05/2021 05:33 SGD .60 SGD .65 Hold Target Price & Rating Maggie Yeo 17/02/2021 09:15 SGD .60 SGD .69 Buy Target Price Maggie Yeo 30/10/2020 08:43 SGD .56 SGD .65 Buy Target Price Maggie Yeo 05/05/2020 08:16 SGD .49 SGD .60 Buy - Maggie Yeo Fastned (NL0013654809) 12/03/2021 14:42 EUR 66.00 EUR 135.00 Buy - Torben BUMANN (FR0000121147) 20/09/2021 12:24 EUR 38.70 EUR 60.00 Buy Target Price Bruno Villeroil 26/07/2021 20:07 EUR 39.57 EUR 66.00 Buy Target Price Bruno Villeroil 21/06/2021 19:41 EUR 43.07 EUR 64.00 Buy Target Price Gregoire Cayeux 28/05/2021 20:14 EUR 45.08 EUR 62.00 Buy Target Price Bruno Villeroil 21/04/2021 17:53 EUR 47.37 EUR 63.00 Buy Target Price & Rating Bruno Villeroil 23/02/2021 15:57 EUR 44.48 EUR 45.00 Hold Target Price & Rating Bruno Villeroil 26/01/2021 00:40 EUR 43.67 EUR 41.00 Reduce Target Price Bruno Villeroil 18/11/2020 17:48 EUR 39.77 EUR 36.00 Reduce Target Price Bruno Villeroil 26/10/2020 17:43 EUR 37.88 EUR 33.00 Reduce Target Price Bruno Villeroil 20/10/2020 12:27 EUR 38.50 EUR 35.00 Reduce Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 139 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Faurecia (FR0000121147) 24/09/2020 16:13 EUR 35.44 EUR 31.00 Reduce Target Price Bruno Villeroil 07/08/2020 15:47 EUR 34.06 EUR 29.00 Reduce Target Price Riadh Hendaoui 29/07/2020 20:59 EUR 37.52 EUR 34.00 Reduce Target Price Bruno Villeroil 24/06/2020 19:20 EUR 34.10 EUR 29.00 Reduce Target Price & Rating Bruno Villeroil 04/04/2020 20:29 EUR 24.36 EUR 32.00 Hold - Bruno Villeroil Fdj (FR0013451333) 28/01/2021 13:26 EUR 35.99 EUR 40.00 Hold Rating Gregoire Cayeux 15/10/2020 14:02 EUR 33.41 EUR 40.00 Buy - Gregoire Cayeux Fedex Corporation (US31428X1063) 28/06/2021 09:20 USD 291.95 USD 357.00 Buy Target Price Gregoire Cayeux 22/03/2021 12:36 USD 279.58 USD 342.00 Buy Target Price Bruno Villeroil 22/12/2020 10:51 USD 271.94 USD 327.00 Buy Target Price Bruno Villeroil 01/10/2020 13:42 USD 241.42 USD 261.00 Buy Target Price & Rating Maggie Yeo 18/09/2020 13:06 USD 244.08 USD 193.00 Sell Target Price Bruno Villeroil 17/09/2020 11:59 USD 250.30 USD 158.00 Sell Rating Bruno Villeroil 10/07/2020 09:43 USD 155.74 USD 158.00 Hold Target Price Gregoire Cayeux 02/07/2020 12:43 USD 156.66 USD 151.00 Hold Rating Bruno Villeroil 28/03/2020 08:26 USD 120.58 USD 151.00 Buy - Gregoire Cayeux Ferguson Plc (JE00BJVNSS43) 20/07/2021 19:01 GBP 10070.00 GBP 12000.00 Buy Target Price Bruno Villeroil 20/05/2021 16:19 GBP 9472.00 GBP 11000.00 Buy Target Price Bruno Villeroil 20/04/2021 16:37 GBP 9328.00 GBP 10625.00 Buy Target Price Bruno Villeroil 19/03/2021 19:17 GBP 8720.00 GBP 10000.00 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 140 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ferguson Plc (JE00BJVNSS43) 03/12/2020 15:23 GBP 8502.00 GBP 11000.00 Buy Target Price & Rating Gregoire Cayeux 21/09/2020 20:48 GBP 7640.00 GBP 6580.00 Reduce Target Price & Rating Bruno Villeroil 14/05/2020 11:05 GBP 6024.00 GBP 4355.00 Sell Target Price & Rating Bruno Villeroil 26/03/2020 16:29 GBP 5086.00 GBP 4620.00 Reduce - Bruno Villeroil Ferrari (NL0011585146) 03/08/2021 17:10 EUR 180.40 EUR 190.00 Hold Target Price Bruno Villeroil 04/02/2021 01:33 EUR 171.15 EUR 185.00 Hold Target Price Bruno Villeroil 09/12/2020 15:44 EUR 174.65 EUR 190.00 Hold Target Price & Rating Bruno Villeroil 04/11/2020 17:29 EUR 168.30 EUR 200.00 Buy Target Price & Rating Bruno Villeroil 04/08/2020 18:30 EUR 157.20 EUR 170.00 Hold Rating Bruno Villeroil 27/03/2020 02:20 EUR 139.90 EUR 170.00 Buy - Bruno Villeroil Ferrovial (ES0118900010) 30/04/2021 21:29 EUR 23.29 EUR 16.00 Sell Target Price Bruno Villeroil 25/09/2020 17:19 EUR 21.86 EUR 15.40 Sell Target Price & Rating Bruno Villeroil 30/07/2020 18:41 EUR 22.00 EUR 22.00 Hold Target Price Bruno Villeroil 22/05/2020 17:47 EUR 22.82 EUR 25.00 Hold Rating Bruno Villeroil 26/03/2020 18:12 EUR 21.40 EUR 25.00 Buy - Bruno Villeroil Fidelity National Information Services, Inc. (US31620M1062) 17/05/2021 11:01 USD 151.59 USD 180.00 Buy Target Price Alexis TAY 02/11/2020 09:05 USD 124.59 USD 165.00 Buy Target Price Alexis TAY 01/10/2020 12:29 USD 144.21 USD 170.00 Buy - Alexis TAY Fielmann (DE0005772206) 29/04/2021 13:36 EUR 67.30 EUR 78.00 Buy Rating Torben BUMANN

Date of publication: 23 September 2021 Page 141 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Fielmann (DE0005772206) 21/01/2021 17:57 EUR 71.85 EUR 78.00 Hold Rating Torben BUMANN 11/01/2021 11:27 EUR 68.20 EUR 78.00 Buy Target Price & Rating Torben BUMANN 12/10/2020 18:47 EUR 70.20 EUR 76.00 Hold Target Price Gregoire Cayeux 01/10/2020 12:39 EUR 68.50 EUR 69.50 Hold Target Price & Rating Torben BUMANN 06/07/2020 13:48 EUR 61.80 EUR 60.00 Reduce Target Price & Rating Torben BUMANN 28/04/2020 12:01 EUR 60.50 EUR 60.50 Hold - Torben BUMANN Fifth Third Bancorp (US3167731005) 09/07/2021 12:06 USD 37.32 USD 46.00 Buy Rating Godfrey OYENIRAN 18/05/2021 11:08 USD 42.90 USD 46.00 Hold Rating Godfrey OYENIRAN 14/05/2021 08:49 USD 41.98 USD 46.00 Buy Target Price Godfrey OYENIRAN 21/04/2021 11:36 USD 36.44 USD 42.00 Buy Target Price & Rating Godfrey OYENIRAN 12/04/2021 08:20 USD 38.14 USD 36.00 Hold Rating Godfrey OYENIRAN 26/01/2021 03:22 USD 30.90 USD 36.00 Buy Target Price Godfrey OYENIRAN 09/11/2020 01:41 USD 23.21 USD 26.00 Buy Rating Godfrey OYENIRAN 03/11/2020 07:57 USD 24.11 USD 26.00 Hold Rating Godfrey OYENIRAN 29/10/2020 03:06 USD 22.90 USD 26.00 Buy Target Price & Rating Godfrey OYENIRAN 19/10/2020 03:10 USD 23.26 USD 24.00 Hold Rating Godfrey OYENIRAN 01/10/2020 12:48 USD 20.11 USD 24.00 Buy - Godfrey OYENIRAN Financiere De Tubize Sa (BE0003823409) 19/06/2020 16:03 EUR 84.40 EUR 105.00 Buy - Patrick Casselman Fireeye, Inc. (US31816Q1013) 11/08/2021 09:14 USD 17.87 USD 20.00 Buy Target Price Gregoire Cayeux 25/02/2021 09:32 USD 20.06 USD 23.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 142 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Fireeye, Inc. (US31816Q1013) 01/10/2020 12:37 USD 12.86 USD 17.00 Buy - Alexis TAY First Solar, Inc. (US3364331070) 13/07/2021 06:05 USD 92.71 USD 73.00 Sell Rating Alexis TAY 04/05/2021 12:45 USD 75.77 USD 73.00 Hold Target Price & Rating Alexis TAY 04/03/2021 08:26 USD 84.89 USD 71.00 Sell Target Price & Rating Alexis TAY 22/01/2021 09:44 USD 107.53 USD 102.00 Hold Target Price & Rating Alexis TAY 29/10/2020 04:37 USD 82.28 USD 65.00 Sell Rating Alexis TAY 01/10/2020 12:08 USD 61.55 USD 65.00 Buy Target Price & Rating Alexis TAY 21/09/2020 16:27 USD 61.75 USD 61.00 Hold Rating Riadh Hendaoui 10/08/2020 09:27 USD 72.93 USD 61.00 Sell Target Price & Rating Gregoire Cayeux 16/07/2020 12:59 USD 60.98 USD 59.00 Hold Rating Riadh Hendaoui 11/05/2020 10:56 USD 44.16 USD 59.00 Buy - Riadh Hendaoui Fiserv, Inc. (US3377381088) 30/07/2021 06:39 USD 113.91 USD 145.00 Buy Target Price Alexis TAY 11/02/2021 08:35 USD 109.42 USD 140.00 Buy Target Price Alexis TAY 11/12/2020 03:22 USD 117.99 USD 138.00 Buy Target Price Alexis TAY 01/10/2020 12:30 USD 98.28 USD 128.00 Buy - Alexis TAY Five Below, Inc. (US33829M1018) 03/09/2021 08:33 USD 187.94 USD 220.00 Buy Target Price Gregoire Cayeux 18/03/2021 07:42 USD 196.01 USD 230.00 Buy Target Price Gregoire Cayeux 04/12/2020 07:44 USD 162.80 USD 180.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:29 USD 128.74 USD 140.00 Buy - Timothy FUNG

Date of publication: 23 September 2021 Page 143 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Fleetcor Technologies, Inc. (US3390411052) 11/08/2021 09:43 USD 263.61 USD 327.00 Buy Target Price Gregoire Cayeux 11/05/2021 12:23 USD 285.66 USD 322.00 Buy Target Price & Rating Alexis TAY 10/03/2021 04:01 USD 283.67 USD 292.00 Hold Rating Alexis TAY 22/02/2021 03:18 USD 258.23 USD 292.00 Buy Target Price Alexis TAY 01/10/2020 12:38 USD 241.71 USD 275.00 Buy - Alexis TAY Fmc Corporation (US3024913036) 05/08/2021 13:29 USD 98.63 USD 120.00 Buy Target Price Gregoire Cayeux 07/05/2021 12:36 USD 117.42 USD 132.00 Buy Target Price Gregoire Cayeux 04/11/2020 15:39 USD 104.65 USD 130.00 Buy Target Price Bruno Villeroil 01/10/2020 13:44 USD 107.55 USD 122.00 Buy - Maggie Yeo -Darty (FR0011476928) 17/04/2021 14:54 EUR 57.50 EUR 60.00 Hold Target Price & Rating Gregoire Cayeux 16/03/2021 11:14 EUR 55.70 Conflict of Interest Target Price & Rating Gregoire Cayeux 24/02/2021 13:03 EUR 47.18 EUR 51.00 Hold Target Price & Rating Gregoire Cayeux 20/01/2021 12:49 EUR 51.30 EUR 47.00 Reduce Target Price Gregoire Cayeux 22/10/2020 14:41 EUR 43.28 EUR 42.00 Reduce Target Price & Rating Gregoire Cayeux 06/10/2020 13:24 EUR 39.14 EUR 41.00 Hold Target Price Gregoire Cayeux 19/06/2020 12:32 EUR 35.24 EUR 38.00 Hold Target Price & Rating Gregoire Cayeux 27/04/2020 14:48 EUR 26.36 EUR 24.00 Reduce Target Price & Rating Gregoire Cayeux 04/04/2020 11:28 EUR 22.38 EUR 25.00 Hold - Gregoire Cayeux Ford Motor Company (US3453708600) 29/07/2021 12:31 USD 13.86 USD 20.00 Buy Target Price Bruno Villeroil 18/06/2021 12:02 USD 14.77 USD 18.00 Buy Target Price & Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 144 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ford Motor Company (US3453708600) 27/05/2021 11:26 USD 13.90 USD 13.00 Hold Target Price Bruno Villeroil 30/04/2021 17:52 USD 11.26 USD 12.00 Hold Target Price & Rating Bruno Villeroil 16/03/2021 18:08 USD 12.49 Conflict of Interest Target Price & Rating Gregoire Cayeux 05/02/2021 11:49 USD 11.37 USD 12.00 Hold Target Price & Rating Bruno Villeroil 07/01/2021 15:44 USD 8.84 USD 8.00 Reduce Target Price & Rating Bruno Villeroil 29/10/2020 12:08 USD 7.70 USD 6.00 Sell Target Price Bruno Villeroil 01/10/2020 10:29 USD 6.64 USD 5.00 Sell Target Price & Rating Tony Lau 30/04/2020 11:45 USD 5.26 USD 8.00 Hold Target Price Bruno Villeroil 21/04/2020 09:42 USD 4.98 USD 9.00 Hold Target Price & Rating Gregoire Cayeux 23/03/2020 16:19 USD 4.33 USD 11.00 Buy - Bruno Villeroil Formosa Chemicals & Fibre (TW0001326007) 11/05/2020 12:01 TWD 73.70 TWD 64.00 Reduce - Tony Lau Formosa Petrochemical (TW0006505001) 11/05/2020 11:54 TWD 88.30 TWD 70.00 Reduce - Tony Lau Formosa Plastics (TW0001301000) 11/05/2020 11:47 TWD 86.40 TWD 76.00 Reduce - Tony Lau Formosa Taffeta (TW0001434009) 11/05/2020 12:08 TWD 33.60 TWD 30.00 Hold - Tony Lau Fortinet, Inc. (US34959E1091) 25/08/2021 10:41 USD 307.52 USD 320.00 Buy Target Price Alexis TAY 07/05/2021 07:55 USD 206.51 USD 225.00 Buy Target Price & Rating Alexis TAY 22/02/2021 03:13 USD 171.93 USD 175.00 Hold Target Price & Rating Alexis TAY 01/10/2020 12:30 USD 115.50 USD 140.00 Buy - Alexis TAY

Date of publication: 23 September 2021 Page 145 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Fortum (FI0009007132) 14/08/2021 08:37 EUR 24.38 No Opinion Target Price & Rating Gregoire Cayeux 19/05/2021 13:36 EUR 23.01 EUR 21.50 Reduce Target Price Gregoire Cayeux 14/05/2021 15:42 EUR 22.74 EUR 20.00 Reduce Target Price & Rating Mehdi Slimani 27/04/2021 19:10 EUR 23.40 EUR 19.50 Sell Target Price Mehdi Slimani 15/03/2021 16:54 EUR 21.97 EUR 18.50 Sell Rating Mehdi Slimani 08/03/2021 17:24 EUR 20.77 EUR 18.50 Reduce Target Price & Rating Mehdi Slimani 29/01/2021 09:27 EUR 20.46 EUR 17.30 Sell Target Price Mehdi Slimani 08/01/2021 23:05 EUR 20.99 EUR 16.90 Sell Target Price & Rating Gregoire Cayeux 18/11/2020 15:29 EUR 17.62 EUR 16.10 Reduce Target Price Gregoire Cayeux 12/08/2020 15:09 EUR 17.74 EUR 15.70 Reduce Target Price Gregoire Cayeux 09/05/2020 16:39 EUR 15.59 EUR 14.00 Reduce - Gregoire Cayeux Fortune Real Estate Investment Trust (SG1O33912138) 12/07/2021 05:50 HKD 8.46 HKD 8.50 Hold Target Price Maggie Yeo 18/05/2021 11:10 HKD 8.02 HKD 8.30 Hold Rating Maggie Yeo 18/03/2021 09:26 HKD 7.41 HKD 8.30 Buy Target Price Maggie Yeo 11/11/2020 11:21 HKD 6.84 HKD 8.00 Buy Target Price Maggie Yeo 18/06/2020 07:57 HKD 6.86 HKD 9.00 Buy - Alexis TAY Foshan Haitian Flavouring & Food (A-Share) (CNE100001SL2) 30/04/2021 04:54 CNY 161.50 No Opinion - Tony Lau Fox Corporation (US35137L1052) 12/06/2021 14:15 USD 37.93 No Opinion Target Price & Rating Gregoire Cayeux 11/05/2021 12:22 USD 37.57 USD 40.00 Buy Target Price & Rating Alexis TAY 08/04/2021 11:55 USD 42.92 USD 34.00 Sell Rating Alexis TAY

Date of publication: 23 September 2021 Page 146 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Fox Corporation (US35137L1052) 22/02/2021 03:16 USD 31.78 USD 34.00 Buy Target Price & Rating Alexis TAY 22/01/2021 09:49 USD 29.77 USD 30.00 Hold Rating Alexis TAY 10/11/2020 10:33 USD 25.63 USD 30.00 Buy Target Price Alexis TAY 01/10/2020 12:08 USD 26.77 USD 28.00 Buy Target Price Alexis TAY 30/06/2020 15:34 USD 26.90 USD 37.00 Buy Target Price Mehdi Slimani 29/04/2020 14:26 USD 27.14 USD 39.00 Buy - Mehdi Slimani Fraport (DE0005773303) 30/03/2021 08:57 EUR 50.90 EUR 72.00 Buy Target Price Torben BUMANN 02/03/2021 17:07 EUR 54.50 EUR 70.00 Buy Target Price Torben BUMANN 24/03/2020 10:19 EUR 33.00 EUR 69.00 Buy - Torben BUMANN Frasers Centrepoint Trust (SG1T60930966) 21/07/2021 11:37 SGD 2.42 SGD 2.85 Buy Target Price Maggie Yeo 21/05/2021 05:31 SGD 2.34 SGD 2.70 Buy Target Price Maggie Yeo 29/09/2020 10:22 SGD 2.52 SGD 2.83 Buy Target Price & Rating Maggie Yeo 18/08/2020 09:38 SGD 2.35 SGD 2.35 Hold Target Price Maggie Yeo 04/05/2020 09:15 SGD 2.13 SGD 2.20 Hold - Maggie Yeo Freenet (DE000A0Z2ZZ5) 01/09/2021 09:53 EUR 20.90 No Opinion Target Price & Rating Gregoire Cayeux 27/04/2021 17:07 EUR 20.39 EUR 20.00 Reduce Target Price Torben BUMANN 23/04/2021 11:23 EUR 20.26 EUR 19.00 Reduce Rating Torben BUMANN 04/02/2021 17:18 EUR 18.57 EUR 19.00 Hold Rating Torben BUMANN 06/11/2020 17:07 EUR 16.27 EUR 19.00 Buy Rating Torben BUMANN 01/09/2020 17:01 EUR 18.10 EUR 19.00 Hold Target Price Torben BUMANN

Date of publication: 23 September 2021 Page 147 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Freenet (DE000A0Z2ZZ5) 05/05/2020 11:17 EUR 15.86 EUR 17.00 Hold Target Price Torben BUMANN 21/04/2020 12:06 EUR 16.19 EUR 18.00 Hold - Torben BUMANN Freeport-Mcmoran Inc. (US35671D8570) 28/07/2021 19:51 USD 36.68 Conflict of Interest Target Price & Rating Gregoire Cayeux 23/07/2021 11:47 USD 34.80 USD 47.00 Buy Target Price Bruno Villeroil 23/04/2021 11:23 USD 34.74 USD 43.00 Buy Target Price Bruno Villeroil 22/03/2021 11:28 USD 34.99 USD 42.00 Buy Target Price Bruno Villeroil 11/01/2021 15:32 USD 31.15 USD 36.00 Buy Target Price Bruno Villeroil 04/12/2020 08:14 USD 24.39 USD 29.00 Buy Target Price Gregoire Cayeux 23/10/2020 12:12 USD 18.35 USD 23.00 Buy Target Price & Rating Bruno Villeroil 01/10/2020 13:39 USD 15.64 USD 16.00 Hold - Maggie Yeo Fresenius Medical Care (DE0005785802) 02/08/2021 15:18 EUR 66.54 EUR 65.00 Reduce Rating Mehdi Slimani 09/05/2021 15:05 EUR 64.18 EUR 65.00 Hold Rating Gregoire Cayeux 24/02/2021 17:45 EUR 58.02 EUR 65.00 Buy Rating Mehdi Slimani 04/02/2021 21:31 EUR 57.30 EUR 65.00 Hold Target Price & Rating Mehdi Slimani 31/10/2020 18:09 EUR 65.58 EUR 83.00 Buy Target Price Gregoire Cayeux 05/06/2020 19:48 EUR 76.90 EUR 90.00 Buy - Mehdi Slimani Fresenius Se (DE0005785604) 02/08/2021 16:19 EUR 44.32 EUR 47.00 Hold Target Price Mehdi Slimani 09/05/2021 14:32 EUR 41.59 EUR 45.00 Hold Rating Gregoire Cayeux 24/02/2021 14:39 EUR 35.63 EUR 45.00 Buy Target Price Mehdi Slimani 31/10/2020 18:24 EUR 31.84 EUR 50.00 Buy Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 148 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Fresenius Se (DE0005785604) 05/06/2020 19:34 EUR 44.05 EUR 55.00 Buy - Mehdi Slimani Fuchs Petrolub (DE0005790430) 02/08/2021 11:20 EUR 42.02 EUR 50.00 Buy Target Price & Rating Torben BUMANN 30/06/2021 11:56 EUR 41.44 EUR 45.00 Hold Target Price & Rating Torben BUMANN 12/04/2021 11:58 EUR 41.50 EUR 53.00 Buy Target Price Torben BUMANN 12/01/2021 16:59 EUR 45.96 EUR 54.00 Buy Target Price Torben BUMANN 03/11/2020 10:33 EUR 44.36 EUR 50.00 Buy Rating Torben BUMANN 19/10/2020 13:54 EUR 45.84 EUR 50.00 Hold Target Price & Rating Torben BUMANN 28/07/2020 20:36 EUR 38.30 EUR 35.00 Reduce Target Price Bruno Villeroil 28/05/2020 18:36 EUR 35.56 EUR 33.00 Reduce Target Price Torben BUMANN 30/04/2020 11:30 EUR 37.34 EUR 36.00 Reduce Rating Torben BUMANN 03/04/2020 11:59 EUR 32.62 EUR 36.00 Hold - Torben BUMANN Fuji Electric (JP3820000002) 29/04/2021 08:52 JPY 4670.00 JPY 5700.00 Buy Target Price Maggie Yeo 09/04/2021 08:35 JPY 4945.00 JPY 5600.00 Buy Target Price & Rating Maggie Yeo 02/02/2021 03:00 JPY 4345.00 JPY 4500.00 Hold Target Price & Rating Maggie Yeo 31/08/2020 10:35 JPY 3275.00 JPY 4300.00 Buy Target Price Maggie Yeo 03/08/2020 09:26 JPY 2870.00 JPY 4000.00 Buy Target Price Maggie Yeo 24/06/2020 12:56 JPY 2856.00 JPY 3825.00 Buy Target Price Maggie Yeo 02/06/2020 08:46 JPY 2867.00 JPY 3675.00 Buy Target Price Maggie Yeo 07/04/2020 07:38 JPY 2328.00 JPY 3525.00 Buy - Maggie Yeo Fujitsu (JP3818000006) 02/08/2021 11:16 JPY 20370.00 JPY 21000.00 Hold Target Price & Rating Maggie Yeo

Date of publication: 23 September 2021 Page 149 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Fujitsu (JP3818000006) 29/04/2021 08:12 JPY 15980.00 JPY 19800.00 Buy Target Price & Rating Maggie Yeo 02/02/2021 03:38 JPY 15980.00 JPY 16400.00 Hold Rating Maggie Yeo 06/10/2020 05:07 JPY 13945.00 JPY 16400.00 Buy Target Price & Rating Maggie Yeo 03/08/2020 10:39 JPY 14120.00 JPY 14980.00 Hold Rating Maggie Yeo 08/06/2020 09:15 JPY 11550.00 JPY 14980.00 Buy Target Price Maggie Yeo 24/04/2020 10:51 JPY 10285.00 JPY 12260.00 Buy - Maggie Yeo Holdings Ltd (US36118L1061) 23/07/2021 11:03 USD 134.68 USD 175.00 Buy Target Price Tony Lau 07/06/2021 10:25 USD 154.70 USD 195.00 Buy - Tony Lau Fuyao Glass (CNE100001TR7) 20/05/2020 12:12 HKD 18.10 HKD 17.00 Hold - Alexis TAY Fuyao Glass (A-Share) (CNE000000230) 20/05/2020 12:11 CNY 20.95 CNY 19.00 Hold - Alexis TAY Galapagos (BE0003818359) 04/03/2021 12:45 EUR 68.70 EUR 79.00 Buy Rating Gregoire Cayeux 11/02/2021 10:15 EUR 73.38 EUR 79.00 Hold Target Price & Rating Gregoire Cayeux 19/08/2020 12:25 EUR 156.70 EUR 170.00 Buy Target Price Patrick Casselman 07/08/2020 17:14 EUR 158.50 EUR 200.00 Buy Rating Patrick Casselman 04/06/2020 17:26 EUR 178.00 EUR 200.00 Hold Target Price & Rating Patrick Casselman 15/04/2020 17:53 EUR 193.50 EUR 180.00 Reduce - Patrick Casselman Galaxy Entertainment (HK0027032686) 15/09/2021 06:02 HKD 50.00 HKD 60.00 Buy Target Price Maggie Yeo 25/08/2021 08:19 HKD 43.85 HKD 61.00 Buy Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 150 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Galaxy Entertainment (HK0027032686) 30/06/2021 09:58 HKD 60.25 HKD 71.00 Buy Rating Maggie Yeo 07/05/2021 08:42 HKD 67.30 HKD 71.00 Hold Target Price & Rating Maggie Yeo 12/11/2020 08:34 HKD 59.60 HKD 70.00 Buy Target Price Alexis TAY 09/10/2020 09:09 HKD 52.80 HKD 72.00 Buy Target Price Alexis TAY 13/08/2020 10:32 HKD 59.50 HKD 71.00 Buy Target Price Alexis TAY 23/03/2020 03:59 HKD 44.05 HKD 64.00 Buy - Alexis TAY Galp Energia (PTGAL0AM0009) 05/07/2021 23:04 EUR 9.42 EUR 10.10 Hold Target Price Gregoire Cayeux 13/04/2021 17:52 EUR 9.66 EUR 10.60 Hold Target Price Gregoire Cayeux 24/02/2021 18:43 EUR 9.21 EUR 10.00 Hold Target Price & Rating Mehdi Slimani 15/12/2020 18:13 EUR 8.96 EUR 10.40 Buy Target Price Mehdi Slimani 28/07/2020 13:04 EUR 10.12 EUR 11.50 Buy Rating Mehdi Slimani 22/06/2020 10:47 EUR 10.94 EUR 11.50 Hold - Mehdi Slimani Gamuda (MYL5398OO002) 23/12/2020 07:57 MYR 3.82 MYR 4.10 Hold Rating Maggie Yeo 20/07/2020 09:42 MYR 3.39 MYR 4.10 Buy Target Price & Rating Maggie Yeo 08/04/2020 09:54 MYR 3.13 MYR 3.50 Hold Target Price & Rating Maggie Yeo 27/03/2020 08:14 MYR 2.81 MYR 3.70 Buy - Maggie Yeo Ganfeng Lithium (CNE1000031W9) 29/04/2021 08:56 HKD 95.50 HKD 144.00 Buy - Maggie Yeo Garmin Ltd. (CH0114405324) 29/07/2021 23:27 USD 156.09 USD 160.00 Hold Target Price Gregoire Cayeux 29/04/2021 17:15 USD 137.38 USD 140.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 151 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Garmin Ltd. (CH0114405324) 22/02/2021 09:08 USD 128.01 USD 132.00 Hold Rating Gregoire Cayeux 19/02/2021 11:14 USD 127.60 USD 132.00 Buy Target Price & Rating Riadh Hendaoui 29/10/2020 10:31 USD 97.57 USD 100.00 Hold Rating Riadh Hendaoui 01/10/2020 10:31 USD 94.86 USD 100.00 Buy - Timothy FUNG Gartner, Inc. (US3666511072) 19/08/2021 09:39 USD 302.20 USD 305.00 Hold Target Price Alexis TAY 07/05/2021 08:04 USD 231.43 USD 244.00 Hold Target Price Alexis TAY 22/02/2021 03:14 USD 183.72 USD 188.00 Hold Target Price & Rating Alexis TAY 11/12/2020 02:50 USD 154.58 USD 141.00 Reduce Rating Alexis TAY 10/11/2020 10:17 USD 140.80 USD 141.00 Hold Target Price Alexis TAY 01/10/2020 12:31 USD 126.71 USD 135.00 Hold - Alexis TAY Gbl (BE0003797140) 23/08/2021 14:05 EUR 97.14 EUR 111.00 Buy Target Price & Rating Riadh Hendaoui 28/07/2021 13:48 EUR 97.26 EUR 105.00 Hold Rating Gregoire Cayeux 09/05/2021 10:48 EUR 89.86 EUR 105.00 Buy Target Price & Rating Gregoire Cayeux 23/03/2021 10:09 EUR 87.00 Conflict of Interest Target Price & Rating Gregoire Cayeux 16/03/2021 11:45 EUR 87.78 EUR 100.00 Buy Target Price & Rating Gregoire Cayeux 08/12/2020 10:31 EUR 82.16 EUR 89.10 Hold Rating Gregoire Cayeux 05/11/2020 11:04 EUR 73.38 EUR 89.10 Buy Target Price & Rating Gregoire Cayeux 02/10/2020 08:54 EUR 76.80 Conflict of Interest Target Price & Rating Gregoire Cayeux 31/07/2020 13:57 EUR 75.06 EUR 89.10 Buy Rating Patrick Casselman 30/07/2020 14:02 EUR 76.42 EUR 89.10 Hold Target Price Patrick Casselman 13/05/2020 16:32 EUR 70.90 EUR 76.00 Hold - Rudy De Groodt

Date of publication: 23 September 2021 Page 152 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Gds Holdings (US36165L1089) 25/08/2021 10:54 USD 52.28 USD 80.00 Buy Target Price Alexis TAY 11/06/2021 04:21 USD 74.88 USD 115.00 Buy Target Price Alexis TAY 30/04/2021 13:14 USD 85.45 USD 122.00 Buy - Alexis TAY Gea Group (DE0006602006) 02/08/2021 11:28 EUR 37.39 EUR 48.00 Buy Target Price Torben BUMANN 17/06/2021 17:07 EUR 34.43 EUR 47.00 Buy Target Price Torben BUMANN 15/04/2021 17:21 EUR 35.96 EUR 42.00 Buy Target Price Torben BUMANN 08/03/2021 13:26 EUR 31.88 EUR 39.00 Buy Target Price Torben BUMANN 14/10/2020 12:39 EUR 30.42 EUR 37.00 Buy Target Price & Rating Bruno Villeroil 02/10/2020 09:07 EUR 29.70 Conflict of Interest Target Price & Rating Gregoire Cayeux 23/07/2020 10:46 EUR 32.45 EUR 37.00 Buy Target Price Torben BUMANN 05/06/2020 10:25 EUR 28.84 EUR 33.00 Buy Target Price Torben BUMANN 18/05/2020 13:36 EUR 23.49 EUR 28.00 Buy Target Price Torben BUMANN 30/03/2020 14:14 EUR 18.20 EUR 25.00 Buy - Gregoire Cayeux Geberit (CH0030170408) 20/08/2021 12:26 CHF 752.40 CHF 780.00 Hold Target Price Gregoire Cayeux 19/07/2021 16:44 CHF 722.00 CHF 775.00 Hold Target Price & Rating Riadh Hendaoui 05/05/2021 14:20 CHF 608.80 CHF 705.00 Buy Target Price & Rating Torben BUMANN 20/04/2021 17:28 CHF 613.60 CHF 660.00 Hold Target Price & Rating Torben BUMANN 11/03/2021 15:39 CHF 568.80 CHF 634.00 Buy Target Price Bruno Villeroil 03/12/2020 13:44 CHF 527.00 CHF 630.00 Buy Target Price Gregoire Cayeux 30/10/2020 14:45 CHF 520.00 CHF 620.00 Buy Target Price Torben BUMANN 22/09/2020 10:45 CHF 522.80 CHF 616.00 Buy Target Price & Rating Bruno Villeroil 15/07/2020 16:26 CHF 485.60 CHF 450.00 Reduce Target Price & Rating Riadh Hendaoui

Date of publication: 23 September 2021 Page 153 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Geberit (CH0030170408) 16/04/2020 17:28 CHF 400.80 CHF 440.00 Hold Target Price Gregoire Cayeux 02/04/2020 20:58 CHF 412.00 CHF 490.00 Hold - Bruno Villeroil Gecina (FR0010040865) 06/05/2021 15:46 EUR 125.90 EUR 135.00 Hold Target Price Gregoire Cayeux 08/02/2021 13:47 EUR 120.50 EUR 130.00 Hold Rating Gregoire Cayeux 02/11/2020 13:14 EUR 106.60 EUR 130.00 Buy Rating Gregoire Cayeux 11/06/2020 18:03 EUR 117.80 EUR 130.00 Hold Target Price & Rating Gregoire Cayeux 31/03/2020 15:07 EUR 121.70 EUR 154.00 Buy - Gregoire Cayeux Geely Automobile (KYG3777B1032) 10/08/2021 04:06 HKD 27.30 HKD 32.00 Buy Target Price & Rating Tony Lau 19/07/2021 10:04 HKD 23.70 Conflict of Interest Target Price & Rating Tony Lau 11/06/2021 09:09 HKD 22.00 HKD 24.00 Hold Rating Tony Lau 13/05/2021 05:59 HKD 17.98 HKD 24.00 Buy Target Price Tony Lau 24/03/2021 07:25 HKD 22.55 HKD 28.00 Buy Target Price Tony Lau 02/02/2021 07:23 HKD 28.75 HKD 38.00 Buy Target Price & Rating Tony Lau 08/01/2021 10:40 HKD 27.80 HKD 28.40 Hold Rating Tony Lau 16/12/2020 04:53 HKD 22.45 HKD 28.40 Buy Target Price & Rating Tony Lau 02/11/2020 10:04 HKD 15.92 HKD 20.00 Hold Target Price & Rating Tony Lau 17/08/2020 09:58 HKD 16.70 HKD 18.50 Buy Target Price Tony Lau 07/07/2020 09:28 HKD 16.40 HKD 20.00 Buy Target Price Tony Lau 08/06/2020 12:17 HKD 11.76 HKD 16.00 Buy - Alexis TAY General Electric Company (US3696041033) 03/08/2021 11:49 USD 100.60 USD 104.00 Hold Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 154 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

General Electric Company (US3696041033) 11/03/2021 11:23 USD 13.25 USD 13.00 Hold Rating Bruno Villeroil 09/03/2021 12:03 USD 14.17 USD 13.00 Reduce Rating Bruno Villeroil 05/02/2021 12:27 USD 11.45 USD 13.00 Hold Rating Bruno Villeroil 27/01/2021 11:56 USD 11.29 USD 13.00 Buy Target Price & Rating Bruno Villeroil 17/11/2020 11:43 USD 9.57 USD 7.00 Sell Rating Bruno Villeroil 29/10/2020 11:46 USD 7.42 USD 7.00 Hold Target Price Bruno Villeroil 01/10/2020 13:57 USD 6.25 USD 6.00 Hold Target Price & Rating Maggie Yeo 19/08/2020 11:11 USD 6.44 USD 9.60 Buy Target Price Gregoire Cayeux 31/07/2020 12:16 USD 6.26 USD 9.90 Buy Target Price Bruno Villeroil 04/05/2020 10:23 USD 6.50 USD 10.60 Buy Target Price Bruno Villeroil 25/04/2020 15:17 USD 6.26 USD 10.80 Buy Target Price Gregoire Cayeux 06/04/2020 12:35 USD 6.73 USD 11.00 Buy - Bruno Villeroil General Mills, Inc. (US3703341046) 01/07/2021 09:50 USD 60.93 USD 68.00 Buy Target Price Gregoire Cayeux 25/03/2021 08:19 USD 58.62 USD 64.00 Buy Target Price Gregoire Cayeux 18/12/2020 08:28 USD 59.70 USD 68.00 Buy Target Price Gregoire Cayeux 01/10/2020 08:22 USD 61.68 USD 66.00 Buy Target Price & Rating Timothy FUNG 07/09/2020 09:15 USD 63.15 USD 52.00 Sell Target Price & Rating Gregoire Cayeux 03/07/2020 12:03 USD 61.48 USD 54.00 Reduce Rating Gregoire Cayeux 07/04/2020 09:36 USD 57.70 USD 54.00 Hold - Gregoire Cayeux General Motors Company (US37045V1008) 05/08/2021 09:19 USD 52.72 USD 55.00 Hold Target Price Gregoire Cayeux 17/06/2021 13:26 USD 61.76 USD 65.00 Hold Target Price Bruno Villeroil 06/05/2021 11:36 USD 57.58 USD 60.00 Hold Target Price & Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 155 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

General Motors Company (US37045V1008) 06/04/2021 12:05 USD 61.04 USD 55.00 Reduce Rating Bruno Villeroil 11/02/2021 11:40 USD 54.88 USD 55.00 Hold Target Price & Rating Bruno Villeroil 20/01/2021 12:22 USD 54.84 USD 50.00 Reduce Target Price & Rating Bruno Villeroil 06/01/2021 11:46 USD 41.66 USD 34.00 Sell Target Price Bruno Villeroil 06/11/2020 13:02 USD 37.14 USD 30.00 Sell Target Price Bruno Villeroil 05/10/2020 23:44 USD 30.46 USD 22.00 Sell Target Price Gregoire Cayeux 01/10/2020 10:34 USD 29.34 USD 20.00 Sell Target Price & Rating Tony Lau 10/09/2020 12:14 USD 31.95 USD 50.00 Buy Target Price Bruno Villeroil 25/03/2020 15:45 USD 21.11 USD 48.00 Buy - Bruno Villeroil Generali (IT0000062072) 10/08/2021 11:11 EUR 16.96 EUR 21.00 Buy Target Price Gregoire Cayeux 01/06/2021 13:39 EUR 16.82 EUR 20.00 Buy Rating Riadh Hendaoui 18/05/2021 20:13 EUR 17.64 EUR 20.00 Hold Rating Riadh Hendaoui 10/05/2021 20:28 EUR 17.37 EUR 20.00 Buy Target Price & Rating Riadh Hendaoui 21/04/2021 16:36 EUR 16.75 EUR 19.20 Hold Rating Riadh Hendaoui 12/03/2021 16:34 EUR 16.76 EUR 19.20 Buy Target Price & Rating Riadh Hendaoui 11/03/2021 19:05 EUR 16.62 EUR 18.00 Hold Rating Riadh Hendaoui 23/02/2021 11:01 EUR 15.54 EUR 18.00 Buy Target Price Gregoire Cayeux 19/01/2021 12:12 EUR 14.46 EUR 17.30 Buy Target Price Riadh Hendaoui 20/04/2020 17:58 EUR 12.53 EUR 16.00 Buy - Gregoire Cayeux Genpact Limited (BMG3922B1072) 11/08/2021 09:25 USD 51.06 USD 61.00 Buy Target Price Gregoire Cayeux 17/05/2021 11:04 USD 43.54 USD 54.00 Buy Target Price Alexis TAY 25/02/2021 09:54 USD 42.27 USD 51.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 156 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Genpact Limited (BMG3922B1072) 01/10/2020 12:38 USD 38.98 USD 48.00 Buy - Alexis TAY Genting Malaysia (MYL4715OO008) 31/08/2020 10:30 MYR 2.28 MYR 3.35 Buy Target Price Maggie Yeo 22/05/2020 05:08 MYR 2.36 MYR 3.20 Buy - Maggie Yeo Genting Limited (SGXE21576413) 30/06/2021 09:40 SGD .83 SGD .91 Hold Target Price Maggie Yeo 06/05/2021 08:55 SGD .85 SGD .90 Hold Target Price Maggie Yeo 25/08/2020 09:29 SGD .70 SGD .70 Hold Rating Maggie Yeo 25/03/2020 08:05 SGD .56 SGD .70 Buy - Maggie Yeo Georg Fischer (CH0001752309) 13/07/2021 17:24 CHF 1403.00 CHF 1380.00 Hold Target Price & Rating Torben BUMANN 04/03/2021 11:28 CHF 1295.00 CHF 1200.00 Reduce Rating Torben BUMANN 02/03/2021 17:58 CHF 1207.00 CHF 1200.00 Hold Target Price & Rating Torben BUMANN 21/07/2020 11:38 CHF 872.00 CHF 740.00 Sell Rating Torben BUMANN 17/07/2020 11:49 CHF 867.50 CHF 740.00 Reduce Target Price & Rating Torben BUMANN 26/03/2020 17:02 CHF 649.00 CHF 485.00 Sell - Torben BUMANN Gerresheimer (DE000A0LD6E6) 13/07/2021 17:13 EUR 98.10 EUR 88.00 Reduce Rating Torben BUMANN 12/04/2021 12:06 EUR 84.85 EUR 88.00 Hold Rating Torben BUMANN 09/12/2020 11:29 EUR 94.05 EUR 88.00 Reduce Target Price & Rating Torben BUMANN 14/07/2020 17:28 EUR 92.90 EUR 62.00 Sell Rating Torben BUMANN 09/04/2020 14:01 EUR 62.45 EUR 62.00 Reduce Rating Torben BUMANN 01/04/2020 11:17 EUR 57.80 EUR 62.00 Hold - Torben BUMANN

Date of publication: 23 September 2021 Page 157 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Gestamp (ES0105223004) 08/05/2021 16:34 EUR 4.22 EUR 5.70 Buy Target Price Gregoire Cayeux 25/02/2021 15:42 EUR 4.30 EUR 5.50 Buy Target Price Bruno Villeroil 31/01/2021 19:38 EUR 3.76 EUR 5.00 Buy Target Price Bruno Villeroil 30/10/2020 18:13 EUR 2.36 EUR 2.80 Buy Target Price & Rating Bruno Villeroil 23/10/2020 19:01 EUR 2.47 EUR 2.60 Hold Target Price Bruno Villeroil 07/09/2020 13:56 EUR 2.37 EUR 2.40 Hold Target Price & Rating Gregoire Cayeux 04/08/2020 10:52 EUR 2.03 EUR 2.50 Buy Target Price Bruno Villeroil 04/04/2020 08:58 EUR 2.15 EUR 4.00 Buy - Gregoire Cayeux Getlink (FR0010533075) 01/05/2021 20:02 EUR 13.23 EUR 7.30 Sell Target Price Bruno Villeroil 25/09/2020 15:49 EUR 11.34 EUR 7.40 Sell Target Price & Rating Gregoire Cayeux 03/07/2020 16:22 EUR 13.44 EUR 12.90 Reduce Target Price & Rating Bruno Villeroil 19/06/2020 19:50 EUR 13.11 EUR 9.70 Sell Rating Bruno Villeroil 26/03/2020 18:46 EUR 10.93 EUR 9.70 Reduce - Bruno Villeroil Gilead Sciences, Inc. (US3755581036) 03/08/2021 09:58 USD 68.35 USD 70.00 Hold Target Price Mehdi Slimani 12/05/2021 14:52 USD 67.22 USD 66.00 Hold Target Price Mehdi Slimani 06/05/2021 11:14 USD 66.51 USD 72.00 Hold Target Price Mehdi Slimani 06/05/2021 10:24 USD 66.51 USD 66.00 Hold Rating Mehdi Slimani 03/05/2021 09:53 USD 63.47 USD 66.00 Buy Target Price Mehdi Slimani 07/02/2021 21:15 USD 68.46 USD 72.00 Buy Target Price Mehdi Slimani 31/10/2020 08:33 USD 58.15 USD 69.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:42 USD 63.19 USD 72.00 Buy Target Price Godfrey OYENIRAN 15/09/2020 10:11 USD 66.34 USD 79.00 Buy Target Price Mehdi Slimani

Date of publication: 23 September 2021 Page 158 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Gilead Sciences, Inc. (US3755581036) 20/08/2020 09:53 USD 65.70 USD 82.00 Buy Target Price Mehdi Slimani 01/07/2020 10:44 USD 76.94 USD 85.00 Buy Target Price Mehdi Slimani 04/05/2020 09:09 USD 79.95 USD 83.00 Buy Target Price & Rating Mehdi Slimani 18/04/2020 10:05 USD 83.99 USD 82.00 Hold Rating Gregoire Cayeux 07/04/2020 11:28 USD 77.54 USD 82.00 Buy Rating Mehdi Slimani 04/04/2020 12:51 USD 78.21 USD 82.00 Hold - Gregoire Cayeux Gimv (BE0003699130) 22/09/2021 11:08 EUR 54.60 EUR 61.00 Hold Target Price & Rating Gregoire Cayeux 18/03/2021 11:09 EUR 52.00 EUR 50.00 Reduce Rating Gregoire Cayeux 13/08/2020 10:43 EUR 47.50 EUR 50.00 Hold - Patrick Casselman Givaudan (CH0010645932) 23/07/2021 17:24 CHF 4446.00 CHF 4350.00 Reduce Target Price Bruno Villeroil 22/07/2021 21:07 CHF 4471.00 CHF 3950.00 Reduce Rating Bruno Villeroil 31/01/2021 19:25 CHF 3728.00 CHF 3950.00 Hold Rating Bruno Villeroil 08/10/2020 17:20 CHF 4033.00 CHF 3950.00 Reduce Rating Torben BUMANN 22/07/2020 12:09 CHF 3748.00 CHF 3950.00 Hold Target Price & Rating Torben BUMANN 21/07/2020 11:31 CHF 3782.00 CHF 3500.00 Reduce Rating Torben BUMANN 20/05/2020 12:14 CHF 3407.00 CHF 3500.00 Hold Target Price & Rating Bruno Villeroil 08/04/2020 10:10 CHF 3138.00 CHF 3061.00 Reduce - Torben BUMANN Glaxosmithkline (GB0009252882) 25/08/2021 15:25 GBP 1483.80 GBP 1470.00 Reduce Target Price Mehdi Slimani 19/07/2021 15:29 GBP 1424.60 GBP 1320.00 Reduce Target Price & Rating Riadh Hendaoui 15/04/2021 21:07 GBP 1319.60 GBP 1300.00 Hold Target Price Mehdi Slimani

Date of publication: 23 September 2021 Page 159 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Glaxosmithkline (GB0009252882) 18/02/2021 18:34 GBP 1276.40 GBP 1320.00 Hold Target Price Gregoire Cayeux 21/01/2021 19:15 GBP 1379.80 GBP 1460.00 Hold Target Price & Rating Gregoire Cayeux 29/10/2020 20:42 GBP 1324.00 GBP 1600.00 Buy Rating Mehdi Slimani 15/06/2020 14:39 GBP 1599.20 GBP 1600.00 Hold - Mehdi Slimani Glencore (JE00B4T3BW64) 04/06/2021 16:39 GBP 325.05 GBP 448.00 Buy Target Price Bruno Villeroil 28/04/2021 19:16 GBP 302.10 GBP 430.00 Buy Target Price Bruno Villeroil 15/03/2021 16:25 GBP 290.25 GBP 425.00 Buy Target Price Bruno Villeroil 16/12/2020 18:43 GBP 240.40 GBP 300.00 Buy Target Price Bruno Villeroil 11/09/2020 22:03 GBP 174.78 GBP 205.00 Buy Target Price & Rating Bruno Villeroil 08/06/2020 20:55 GBP 180.98 GBP 186.00 Hold Target Price & Rating Bruno Villeroil 27/03/2020 20:59 GBP 132.14 GBP 159.00 Buy - Bruno Villeroil Global Payments Inc. (US37940X1028) 07/05/2021 07:53 USD 205.50 USD 229.00 Buy Target Price Alexis TAY 11/02/2021 08:37 USD 203.28 USD 224.00 Buy Target Price & Rating Alexis TAY 16/11/2020 03:15 USD 188.41 USD 190.00 Hold Rating Alexis TAY 30/10/2020 07:56 USD 156.17 USD 190.00 Buy Target Price Alexis TAY 01/10/2020 12:31 USD 172.43 USD 199.00 Buy - Alexis TAY Globe Telecom (PHY272571498) 05/11/2020 09:10 PHP 2002.00 PHP 2300.00 Buy Rating Maggie Yeo 02/07/2020 07:45 PHP 2100.00 PHP 2300.00 Hold Target Price & Rating Maggie Yeo 07/04/2020 07:40 PHP 2300.00 PHP 1850.00 Reduce - Maggie Yeo

Date of publication: 23 September 2021 Page 160 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Glodon (A-Share) (CNE100000PH8) 13/07/2021 09:51 CNY 68.36 CNY 90.00 Buy Target Price Tony Lau 28/04/2021 05:06 CNY 67.09 CNY 90.80 Buy Target Price Tony Lau 22/07/2020 12:46 CNY 71.63 CNY 85.00 Buy - Tony Lau Golden Agri-Resources (MU0117U00026) 12/08/2020 09:15 SGD .16 SGD .13 Reduce Target Price Maggie Yeo 28/04/2020 05:35 SGD .15 SGD .12 Reduce - Maggie Yeo Grand City Properties (LU0775917882) 08/09/2021 14:52 EUR 22.70 EUR 27.00 Buy - Torben BUMANN Great Wall Motor Company (CNE100000338) 01/04/2021 11:00 HKD 28.15 HKD 31.50 Buy Target Price Tony Lau 01/04/2021 10:59 HKD 21.00 HKD 28.00 Buy Target Price Tony Lau 02/02/2021 07:35 HKD 24.55 HKD 31.50 Buy Target Price & Rating Tony Lau 15/07/2020 10:25 HKD 6.65 HKD 5.50 Sell Target Price Tony Lau 05/05/2020 06:27 HKD 5.12 HKD 3.70 Sell - Alexis TAY Gree Electric (A-Share) (CNE0000001D4) 27/08/2021 11:50 CNY 43.14 CNY 60.00 Buy Target Price Tony Lau 03/06/2021 05:57 CNY 56.30 CNY 76.00 Buy Target Price Tony Lau 05/11/2020 08:54 CNY 62.18 CNY 77.00 Buy Target Price Tony Lau 11/05/2020 08:40 CNY 56.99 CNY 73.00 Buy - Tony Lau Greentown (KYG4100M1050) 22/06/2020 10:11 HKD 7.88 Conflict of Interest - Alexis TAY

Date of publication: 23 September 2021 Page 161 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Greentown Service Group Co Ltd (KYG410121084) 14/04/2021 10:55 HKD 11.72 HKD 13.50 Buy Target Price Tony Lau 13/01/2021 09:12 HKD 9.71 HKD 10.75 Buy - Tony Lau Grifols (ES0171996087) 01/03/2021 14:18 EUR 20.82 EUR 32.00 Buy Target Price Mehdi Slimani 14/05/2020 19:13 EUR 29.50 EUR 36.00 Buy Rating Mehdi Slimani 22/04/2020 18:31 EUR 33.09 EUR 36.00 Hold - Gregoire Cayeux Groupe Adp (FR0010340141) 30/06/2021 17:27 EUR 112.70 EUR 100.00 Reduce Target Price Bruno Villeroil 16/04/2021 20:06 EUR 102.55 EUR 88.00 Reduce Target Price & Rating Bruno Villeroil 15/01/2021 20:34 EUR 96.75 EUR 80.00 Sell Target Price Bruno Villeroil 21/10/2020 16:17 EUR 89.05 EUR 75.00 Sell Rating Bruno Villeroil 25/09/2020 18:14 EUR 83.00 EUR 75.00 Reduce Target Price & Rating Bruno Villeroil 15/05/2020 17:46 EUR 73.15 EUR 90.00 Hold - Bruno Villeroil Gs E&C (KR7006360002) 24/03/2020 09:50 KRW 15900.00 No Opinion - Tony Lau Guangzhou Automobile Group (CNE100000Q35) 01/04/2021 10:50 HKD 6.57 HKD 8.50 Buy Target Price Tony Lau 02/02/2021 07:50 HKD 7.09 HKD 10.40 Buy Target Price Tony Lau 15/07/2020 10:05 HKD 6.52 HKD 7.50 Buy Target Price Tony Lau 05/05/2020 06:30 HKD 6.47 HKD 8.10 Buy Target Price Alexis TAY 24/03/2020 05:17 HKD 7.52 HKD 10.20 Buy - Alexis TAY Guangzhou R&F (CNE100000569) 06/04/2020 08:48 HKD 10.22 HKD 15.03 Buy - Alexis TAY

Date of publication: 23 September 2021 Page 162 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Guidewire Software Inc (US40171V1008) 04/08/2020 10:52 USD 118.72 USD 112.00 Hold Rating Riadh Hendaoui 05/06/2020 11:02 USD 105.54 USD 112.00 Buy - Riadh Hendaoui Haier Smart Home (A-Share) (CNE000000CG9) 21/05/2021 09:31 CNY 29.00 CNY 36.30 Buy Target Price Tony Lau 05/11/2020 08:10 CNY 28.18 CNY 38.70 Buy Target Price Tony Lau 07/09/2020 11:03 CNY 21.30 CNY 28.00 Buy Target Price Tony Lau 09/07/2020 05:03 CNY 18.60 CNY 20.00 Buy Target Price Tony Lau 12/05/2020 08:42 CNY 15.57 CNY 19.00 Buy - Tony Lau Haitong Securities (CNE1000019K9) 12/03/2021 09:19 HKD 7.17 HKD 7.75 Hold Target Price Tony Lau 07/08/2020 04:26 HKD 7.65 HKD 8.00 Hold Target Price & Rating Tony Lau 06/07/2020 06:07 HKD 7.40 HKD 7.00 Sell Rating Tony Lau 10/06/2020 05:23 HKD 6.40 HKD 7.00 Hold - Tony Lau Halliburton Company (US4062161017) 21/07/2021 10:59 USD 20.07 USD 25.00 Buy Target Price & Rating Godfrey OYENIRAN 05/07/2021 02:59 USD 23.80 USD 21.00 Reduce Rating Godfrey OYENIRAN 22/04/2021 10:52 USD 19.10 USD 21.00 Buy Target Price Godfrey OYENIRAN 26/01/2021 03:08 USD 19.24 USD 23.00 Buy Target Price & Rating Godfrey OYENIRAN 05/01/2021 07:35 USD 18.83 USD 14.00 Sell Rating Godfrey OYENIRAN 01/10/2020 09:25 USD 12.05 USD 14.00 Buy Target Price Maggie Yeo 25/04/2020 15:29 USD 8.86 USD 26.00 Buy Target Price Gregoire Cayeux 22/04/2020 11:49 USD 7.46 USD 29.00 Buy - Mehdi Slimani

Date of publication: 23 September 2021 Page 163 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Han'S Laser Technology (A-Share) (CNE000001JQ1) 21/05/2021 08:59 CNY 36.30 CNY 50.00 Buy Target Price Tony Lau 18/09/2020 08:56 CNY 35.31 CNY 51.50 Buy Target Price Tony Lau 10/07/2020 05:41 CNY 40.88 CNY 46.00 Buy Target Price & Rating Tony Lau 08/06/2020 12:01 CNY 31.63 CNY 35.00 Hold - Tony Lau Hang Lung Properties (HK0101000591) 20/09/2021 10:09 HKD 17.56 HKD 15.00 Sell Target Price & Rating Tony Lau 01/06/2021 11:17 HKD 19.58 HKD 21.00 Hold Target Price Tony Lau 09/07/2020 10:06 HKD 20.65 HKD 22.50 Hold Target Price Tony Lau 25/05/2020 12:49 HKD 15.76 HKD 16.50 Hold - Tony Lau Hang Seng Bank (HK0011000095) 26/05/2021 10:44 HKD 162.40 HKD 160.00 Hold Target Price Tony Lau 04/08/2020 10:38 HKD 118.40 HKD 128.00 Hold - Tony Lau Hangzhou Robam Appliances (A-Share) (CNE100000WY9) 30/04/2021 05:25 CNY 37.62 No Opinion - Tony Lau Hankook Tire & Technology (KR7161390000) 15/05/2020 10:46 KRW 20500.00 KRW 30000.00 Buy - Tony Lau Hannover Re (DE0008402215) 27/04/2021 19:40 EUR 154.40 EUR 150.00 Reduce Target Price Riadh Hendaoui 08/10/2020 22:48 EUR 133.00 EUR 128.00 Reduce Target Price & Rating Riadh Hendaoui 25/08/2020 15:48 EUR 144.20 EUR 122.00 Sell Rating Mehdi Slimani 20/04/2020 18:23 EUR 134.20 EUR 122.00 Reduce - Gregoire Cayeux

Date of publication: 23 September 2021 Page 164 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Hartalega (MYL5168OO009) 28/01/2021 09:53 MYR 12.20 MYR 14.40 Buy Target Price & Rating Maggie Yeo 30/10/2020 09:21 MYR 18.02 MYR 18.00 Hold Target Price Maggie Yeo 03/08/2020 10:52 MYR 20.28 MYR 19.70 Hold Target Price & Rating Maggie Yeo 03/07/2020 03:47 MYR 15.00 MYR 17.00 Buy Target Price & Rating Maggie Yeo 19/05/2020 08:18 MYR 9.13 MYR 9.90 Hold Target Price Maggie Yeo 22/04/2020 09:47 MYR 7.25 MYR 7.10 Hold - Maggie Yeo Hdfc Bank Ltd (US40415F1012) 22/01/2021 09:33 USD 73.44 USD 85.00 Buy Target Price & Rating Alexis TAY 28/07/2020 06:06 USD 48.50 Conflict of Interest Target Price & Rating Alexis TAY 10/06/2020 04:30 USD 45.83 USD 55.00 Buy Target Price Alexis TAY 24/03/2020 03:33 USD 35.78 USD 42.00 Buy - Alexis TAY Health & Happiness (H&H) International (KYG4387E1070) 30/04/2021 08:17 HKD 27.95 No Opinion Target Price & Rating Tony Lau 11/05/2020 10:39 HKD 35.20 HKD 41.00 Buy - Tony Lau Heidelbergcement (DE0006047004) 29/07/2021 15:47 EUR 75.30 EUR 100.50 Buy Target Price Bruno Villeroil 07/07/2021 16:35 EUR 72.22 EUR 101.50 Buy Target Price Bruno Villeroil 22/06/2021 19:22 EUR 72.62 EUR 98.50 Buy Target Price Bruno Villeroil 06/05/2021 16:22 EUR 78.56 EUR 94.00 Buy Target Price Bruno Villeroil 07/04/2021 15:54 EUR 77.02 EUR 93.00 Buy Target Price Bruno Villeroil 24/02/2021 12:55 EUR 65.38 EUR 80.50 Buy Target Price Bruno Villeroil 29/01/2021 16:41 EUR 61.82 EUR 79.50 Buy Target Price Bruno Villeroil 10/11/2020 20:36 EUR 56.26 EUR 78.00 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 165 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Heidelbergcement (DE0006047004) 28/09/2020 20:10 EUR 50.06 EUR 64.50 Buy Target Price Bruno Villeroil 07/08/2020 13:22 EUR 49.64 EUR 63.50 Buy Target Price Gregoire Cayeux 30/07/2020 22:13 EUR 51.60 EUR 60.50 Buy Target Price Bruno Villeroil 17/07/2020 16:04 EUR 52.86 EUR 59.50 Buy Target Price Mehdi Slimani 09/07/2020 19:32 EUR 46.93 EUR 61.50 Buy Target Price Bruno Villeroil 17/06/2020 20:59 EUR 48.84 EUR 58.00 Buy Target Price Bruno Villeroil 13/05/2020 20:30 EUR 41.45 EUR 51.00 Buy Target Price Bruno Villeroil 26/03/2020 09:59 EUR 36.18 EUR 46.50 Buy - Bruno Villeroil Heineken (NL0000009165) 15/06/2021 18:48 EUR 98.22 EUR 106.00 Hold Target Price & Rating Gregoire Cayeux 23/04/2021 20:11 EUR 98.00 EUR 95.00 Reduce Target Price & Rating Gregoire Cayeux 11/02/2021 14:25 EUR 84.50 EUR 97.00 Buy Rating Gregoire Cayeux 13/01/2021 18:24 EUR 89.50 EUR 97.00 Hold Target Price & Rating Gregoire Cayeux 04/08/2020 23:24 EUR 80.56 EUR 73.00 Reduce Target Price & Rating Gregoire Cayeux 17/07/2020 17:41 EUR 84.92 EUR 72.00 Sell Target Price & Rating Riadh Hendaoui 22/04/2020 18:46 EUR 77.36 EUR 75.00 Reduce - Gregoire Cayeux Hella (DE000A13SX22) 17/08/2021 11:30 EUR 61.04 EUR 60.00 Reduce Target Price & Rating Torben BUMANN 28/06/2021 10:46 EUR 57.24 EUR 43.00 Sell Rating Torben BUMANN 03/05/2021 16:55 EUR 49.86 EUR 43.00 Reduce Rating Torben BUMANN 28/04/2021 15:51 EUR 51.70 EUR 43.00 Sell Rating Torben BUMANN 20/04/2021 17:26 EUR 45.25 EUR 43.00 Reduce Target Price Torben BUMANN 19/04/2021 09:42 EUR 45.61 EUR 41.00 Reduce Rating Torben BUMANN 08/03/2021 13:23 EUR 50.00 EUR 41.00 Sell Target Price Torben BUMANN

Date of publication: 23 September 2021 Page 166 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Hella (DE000A13SX22) 30/09/2020 14:03 EUR 42.52 EUR 30.00 Sell Target Price Torben BUMANN 27/05/2020 17:05 EUR 36.82 EUR 28.00 Sell Target Price & Rating Torben BUMANN 26/05/2020 14:44 EUR 33.72 EUR 31.00 Reduce Rating Torben BUMANN 26/03/2020 12:21 EUR 26.48 EUR 31.00 Buy - Torben BUMANN Hellofresh (DE000A161408) 06/09/2021 17:04 EUR 93.66 EUR 103.60 Buy - Torben BUMANN Henderson Land (HK0012000102) 20/09/2021 10:12 HKD 33.35 HKD 23.00 Sell Target Price & Rating Tony Lau 01/06/2021 11:19 HKD 37.10 HKD 40.00 Hold Target Price Tony Lau 26/08/2020 06:15 HKD 30.60 HKD 32.00 Hold Target Price Tony Lau 25/05/2020 12:32 HKD 27.70 HKD 29.00 Hold - Tony Lau Hengan International Group (KYG4402L1510) 19/03/2021 08:08 HKD 54.30 HKD 65.00 Buy Target Price Tony Lau 21/09/2020 11:17 HKD 58.80 HKD 70.00 Buy Target Price Tony Lau 15/07/2020 10:28 HKD 63.60 HKD 89.00 Buy Target Price Tony Lau 03/04/2020 12:01 HKD 58.60 HKD 88.00 Buy - Tony Lau Henkel Pref (DE0006048432) 16/08/2021 12:44 EUR 85.70 EUR 103.00 Buy Target Price & Rating Gregoire Cayeux 09/05/2021 09:33 EUR 96.08 EUR 105.00 Hold Target Price Gregoire Cayeux 07/04/2021 08:11 EUR 95.88 EUR 102.00 Hold Target Price & Rating Gregoire Cayeux 05/03/2021 12:17 EUR 84.74 EUR 97.00 Buy Target Price Gregoire Cayeux 11/11/2020 15:12 EUR 92.98 EUR 103.00 Buy Target Price Gregoire Cayeux 09/10/2020 20:18 EUR 92.06 EUR 105.00 Buy Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 167 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Henkel Pref (DE0006048432) 07/10/2020 13:19 EUR 90.98 EUR 103.00 Buy Target Price Gregoire Cayeux 25/06/2020 12:57 EUR 78.84 EUR 100.00 Buy Target Price & Rating Gregoire Cayeux 30/04/2020 16:50 EUR 80.98 EUR 85.00 Hold - Gregoire Cayeux Hennes & Mauritz B (SE0000106270) 09/09/2021 20:25 SEK 174.02 SEK 160.00 Reduce Target Price & Rating Gregoire Cayeux 28/06/2021 18:45 SEK 201.70 SEK 170.00 Sell Target Price & Rating Gregoire Cayeux 15/02/2021 19:07 SEK 185.60 Conflict of Interest Target Price & Rating Gregoire Cayeux 12/02/2021 13:11 SEK 180.50 SEK 150.00 Sell Target Price Gregoire Cayeux 05/01/2021 10:44 SEK 171.00 SEK 145.00 Sell Target Price Gregoire Cayeux 27/11/2020 15:48 SEK 184.85 SEK 140.00 Sell Rating Gregoire Cayeux 02/10/2020 13:36 SEK 164.15 SEK 140.00 Reduce Target Price & Rating Gregoire Cayeux 17/09/2020 13:31 SEK 160.55 SEK 130.00 Sell Rating Gregoire Cayeux 02/06/2020 14:28 SEK 148.00 SEK 130.00 Reduce Target Price Gregoire Cayeux 07/05/2020 19:36 SEK 127.00 SEK 125.00 Reduce Target Price & Rating Gregoire Cayeux 04/04/2020 09:35 SEK 114.00 SEK 140.00 Hold - Gregoire Cayeux Hermès International (FR0000052292) 18/01/2021 09:41 EUR 881.00 EUR 884.00 Hold Target Price & Rating Gregoire Cayeux 25/09/2020 12:55 EUR 728.00 EUR 700.00 Reduce Target Price Gregoire Cayeux 18/04/2020 14:01 EUR 684.80 EUR 610.00 Reduce - Gregoire Cayeux Hewlett Packard Enterprise Company (US42824C1099) 13/09/2021 11:51 USD 15.48 USD 19.00 Buy Target Price Alexis TAY 13/07/2021 06:10 USD 14.58 USD 18.00 Buy Target Price Alexis TAY 05/03/2021 04:51 USD 14.56 USD 17.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 168 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Hewlett Packard Enterprise Company (US42824C1099) 11/12/2020 03:24 USD 12.13 USD 15.00 Buy Target Price Alexis TAY 01/10/2020 12:09 USD 9.48 USD 12.00 Buy - Alexis TAY Hhla (DE000A0S8488) 26/05/2021 10:11 EUR 21.36 EUR 26.00 Buy Target Price & Rating Torben BUMANN 17/05/2021 10:42 EUR 21.64 EUR 20.00 Reduce Rating Torben BUMANN 14/12/2020 10:13 EUR 17.64 EUR 20.00 Hold Target Price Torben BUMANN 12/08/2020 14:43 EUR 16.58 EUR 18.00 Hold Rating Torben BUMANN 22/04/2020 12:10 EUR 13.80 EUR 18.00 Buy Target Price Torben BUMANN 23/03/2020 11:31 EUR 11.70 EUR 28.00 Buy - Torben BUMANN Hikvision (A-Share) (CNE100000PM8) 20/04/2021 03:39 CNY 57.03 CNY 70.81 Buy Target Price Tony Lau 30/03/2021 07:22 CNY 50.39 CNY 68.98 Buy Rating Tony Lau 12/01/2021 10:41 CNY 59.00 CNY 68.98 Hold Target Price Tony Lau 10/11/2020 09:53 CNY 48.40 CNY 50.00 Hold Target Price Tony Lau 27/10/2020 11:31 CNY 42.79 CNY 45.42 Hold Target Price & Rating Tony Lau 14/05/2020 10:52 CNY 32.05 CNY 42.59 Buy - Tony Lau Hilton Worldwide Holdings Inc. (US43300A2033) 30/07/2021 21:45 USD 134.50 USD 138.00 Hold Target Price Gregoire Cayeux 06/05/2021 22:18 USD 122.62 USD 135.00 Hold Rating Riadh Hendaoui 06/05/2021 16:42 USD 122.62 USD 135.00 Buy Target Price & Rating Riadh Hendaoui 18/02/2021 09:56 USD 111.43 USD 120.00 Hold Target Price Riadh Hendaoui 05/11/2020 11:24 USD 93.09 USD 95.00 Hold Target Price Riadh Hendaoui 01/10/2020 10:33 USD 85.24 USD 84.00 Hold - Timothy FUNG

Date of publication: 23 September 2021 Page 169 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Hirose Electric (JP3799000009) 05/02/2021 09:24 JPY 16500.00 JPY 20000.00 Buy Target Price & Rating Maggie Yeo 28/09/2020 09:20 JPY 13340.00 JPY 14000.00 Hold Target Price & Rating Maggie Yeo 29/05/2020 07:02 JPY 13060.00 JPY 8900.00 Sell Rating Maggie Yeo 20/04/2020 04:56 JPY 10970.00 JPY 8900.00 Reduce - Maggie Yeo Hitachi (JP3788600009) 02/08/2021 11:16 JPY 6411.00 JPY 8600.00 Buy Target Price Maggie Yeo 10/06/2021 11:38 JPY 6080.00 JPY 8025.00 Buy Target Price Maggie Yeo 07/05/2021 05:23 JPY 5381.00 JPY 7700.00 Buy Target Price Maggie Yeo 30/04/2021 11:22 JPY 5110.00 JPY 6850.00 Buy Target Price Maggie Yeo 09/04/2021 09:01 JPY 5002.00 JPY 6325.00 Buy Target Price Maggie Yeo 21/12/2020 09:21 JPY 4190.00 JPY 5800.00 Buy Target Price Maggie Yeo 23/11/2020 04:48 JPY 3962.00 JPY 5600.00 Buy Target Price Maggie Yeo 02/06/2020 09:14 JPY 3455.00 JPY 5000.00 Buy Target Price Maggie Yeo 20/04/2020 05:00 JPY 3108.00 JPY 5200.00 Buy - Maggie Yeo Hitachi Construction Machinery (JP3787000003) 28/07/2020 06:00 JPY 3290.00 JPY 3400.00 Hold Rating Maggie Yeo 29/06/2020 14:15 JPY 2939.00 JPY 3400.00 Buy Target Price & Rating Maggie Yeo 29/05/2020 06:56 JPY 2890.00 JPY 3200.00 Hold - Maggie Yeo Hiwin Technologies (TW0002049004) 12/05/2020 12:11 TWD 296.00 TWD 320.00 Hold - Tony Lau Hk Electric (HK0000179108) 16/07/2020 09:36 HKD 7.89 HKD 8.50 Hold - Tony Lau

Date of publication: 23 September 2021 Page 170 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Hk Exchanges (HK0388045442) 12/08/2021 05:10 HKD 515.50 HKD 535.00 Hold Target Price Tony Lau 23/07/2021 11:15 HKD 540.00 HKD 550.00 Hold Rating Tony Lau 04/03/2021 10:43 HKD 498.00 HKD 550.00 Buy Rating Tony Lau 21/01/2021 11:14 HKD 507.00 HKD 550.00 Hold Target Price & Rating Tony Lau 19/08/2020 09:34 HKD 379.00 HKD 430.00 Buy Target Price Tony Lau 21/07/2020 09:16 HKD 346.00 HKD 400.00 Buy Target Price Tony Lau 24/06/2020 11:44 HKD 320.00 HKD 350.00 Buy Target Price Tony Lau 08/05/2020 04:44 HKD 246.40 HKD 285.00 Buy - Tony Lau Hkt (HK0000093390) 04/06/2020 12:08 HKD 11.88 HKD 13.50 Buy - Tony Lau Holcim (CH0012214059) 30/07/2021 19:23 CHF 53.72 CHF 63.50 Buy Target Price Bruno Villeroil 07/07/2021 20:13 CHF 53.82 CHF 61.00 Buy Target Price & Rating Bruno Villeroil 30/03/2021 18:45 CHF 56.06 Conflict of Interest Target Price & Rating Gregoire Cayeux 01/03/2021 18:45 CHF 50.16 CHF 51.50 Hold Target Price Bruno Villeroil 28/01/2021 20:01 CHF 48.55 CHF 50.50 Hold Target Price & Rating Bruno Villeroil 10/11/2020 16:12 CHF 44.20 CHF 52.00 Buy Target Price & Rating Bruno Villeroil 07/08/2020 18:10 CHF 43.51 CHF 49.50 Hold Target Price Gregoire Cayeux 30/07/2020 17:40 CHF 44.41 CHF 47.00 Hold Target Price & Rating Bruno Villeroil 09/07/2020 20:02 CHF 42.32 CHF 48.00 Buy Target Price Bruno Villeroil 18/06/2020 11:12 CHF 41.90 CHF 47.00 Buy Target Price & Rating Bruno Villeroil 04/05/2020 20:17 CHF 40.04 CHF 41.50 Hold Rating Bruno Villeroil 26/03/2020 10:20 CHF 34.70 CHF 41.50 Buy - Bruno Villeroil

Date of publication: 23 September 2021 Page 171 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Hologic, Inc. (US4364401012) 02/05/2021 11:44 USD 66.23 USD 83.00 Buy Target Price Gregoire Cayeux 29/01/2021 21:10 USD 75.78 USD 93.00 Buy Target Price Gregoire Cayeux 07/11/2020 10:50 USD 75.05 USD 84.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:46 USD 66.47 USD 75.00 Buy - Godfrey OYENIRAN Home Product Center (TH0661010007) 25/02/2021 04:53 THB 13.20 THB 15.00 Buy Rating Maggie Yeo 02/02/2021 03:16 THB 13.60 THB 15.00 Hold Target Price & Rating Maggie Yeo 02/10/2020 03:18 THB 14.40 THB 17.50 Buy Target Price & Rating Maggie Yeo 05/06/2020 05:27 THB 15.80 THB 16.50 Hold Target Price Maggie Yeo 16/04/2020 08:17 THB 12.90 THB 14.00 Hold - Maggie Yeo Hon Hai Precision (TW0002317005) 13/05/2021 05:55 TWD 113.00 TWD 110.00 Hold Rating Tony Lau 21/05/2020 11:35 TWD 74.50 TWD 110.00 Buy Target Price Tony Lau 01/04/2020 12:19 TWD 69.90 TWD 112.00 Buy - Tony Lau Honda Motor (JP3854600008) 03/06/2021 05:22 JPY 3365.00 JPY 4200.00 Buy Target Price Tony Lau 07/05/2021 12:06 JPY 3232.00 JPY 4400.00 Buy Target Price Tony Lau 21/12/2020 11:11 JPY 3094.00 JPY 4000.00 Buy Target Price Maggie Yeo 12/11/2020 08:09 JPY 2994.50 JPY 3600.00 Buy Target Price Tony Lau 02/10/2020 08:19 JPY 2466.50 JPY 3300.00 Buy Target Price Maggie Yeo 07/08/2020 06:15 JPY 2648.50 JPY 3500.00 Buy Target Price Maggie Yeo 28/05/2020 09:51 JPY 2811.50 JPY 3200.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 172 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Honeywell International Inc. (US4385161066) 27/07/2021 11:29 USD 229.25 USD 178.00 Sell Target Price Bruno Villeroil 24/04/2021 12:40 USD 224.50 USD 158.00 Sell Target Price Gregoire Cayeux 13/11/2020 12:35 USD 197.24 USD 150.00 Sell Rating Bruno Villeroil 08/10/2020 17:57 USD 171.55 USD 150.00 Reduce Target Price & Rating Bruno Villeroil 01/10/2020 13:47 USD 162.68 USD 155.00 Hold Target Price & Rating Maggie Yeo 19/05/2020 13:20 USD 136.04 USD 162.00 Buy Target Price Riadh Hendaoui 15/04/2020 11:01 USD 140.59 USD 168.00 Buy - Gregoire Cayeux Hong Kong And China Gas (HK0003000038) 21/05/2021 12:28 HKD 13.38 HKD 14.00 Hold Rating Tony Lau 13/10/2020 09:30 HKD 11.30 HKD 14.00 Buy Target Price & Rating Tony Lau 17/07/2020 12:21 HKD 11.38 HKD 12.00 Hold - Tony Lau (MYL5819OO007) 01/03/2021 08:49 MYR 18.00 MYR 20.05 Hold Target Price & Rating Maggie Yeo 01/09/2020 09:04 MYR 14.00 MYR 16.30 Buy Rating Maggie Yeo 13/06/2020 16:00 MYR 15.30 MYR 16.30 Hold Target Price & Rating Maggie Yeo 02/06/2020 08:41 MYR 13.70 MYR 16.60 Buy - Maggie Yeo Hongkong Land (BMG4587L1090) 20/09/2021 10:17 USD 4.53 USD 4.85 Hold Target Price Tony Lau 01/06/2021 11:53 USD 4.86 USD 5.00 Hold Target Price Tony Lau 27/05/2020 05:52 USD 3.52 USD 3.90 Hold - Tony Lau Host Hotels & Resorts, Inc. (US44107P1049) 22/02/2021 08:05 USD 16.74 USD 11.00 Sell Target Price Gregoire Cayeux 16/10/2020 09:35 USD 11.02 USD 9.00 Sell Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 173 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Host Hotels & Resorts, Inc. (US44107P1049) 01/10/2020 09:48 USD 10.79 USD 9.00 Reduce - Timothy FUNG Hoya (JP3837800006) 11/08/2021 09:08 JPY 16695.00 JPY 18500.00 Buy Target Price Maggie Yeo 02/08/2021 05:22 JPY 15080.00 JPY 17100.00 Buy Target Price Maggie Yeo 19/05/2021 11:30 JPY 13035.00 JPY 15375.00 Buy Target Price Maggie Yeo 05/04/2021 09:03 JPY 13595.00 JPY 15050.00 Buy Target Price & Rating Maggie Yeo 02/02/2021 03:32 JPY 13395.00 JPY 14125.00 Hold Target Price Maggie Yeo 21/12/2020 10:48 JPY 13880.00 JPY 14750.00 Hold Target Price Maggie Yeo 11/11/2020 03:52 JPY 12505.00 JPY 14000.00 Hold Target Price Maggie Yeo 30/10/2020 09:19 JPY 12630.00 JPY 13650.00 Hold Target Price & Rating Maggie Yeo 02/10/2020 03:25 JPY 11860.00 JPY 13200.00 Buy Target Price Maggie Yeo 29/07/2020 08:24 JPY 10630.00 JPY 12250.00 Buy Target Price Maggie Yeo 28/07/2020 06:04 JPY 10490.00 JPY 11750.00 Buy Target Price Maggie Yeo 22/05/2020 05:11 JPY 9689.00 JPY 11000.00 Buy Target Price Maggie Yeo 01/04/2020 10:26 JPY 9200.00 JPY 11050.00 Buy - Maggie Yeo Hp Inc. (US40434L1052) 03/09/2021 11:10 USD 29.60 USD 31.00 Hold Rating Gregoire Cayeux 13/07/2021 06:02 USD 30.04 USD 31.00 Buy Rating Alexis TAY 15/04/2021 09:04 USD 32.46 USD 31.00 Hold Rating Alexis TAY 05/03/2021 04:42 USD 29.82 USD 31.00 Buy Target Price & Rating Alexis TAY 22/01/2021 09:46 USD 25.75 USD 25.00 Hold Target Price Alexis TAY 29/10/2020 04:44 USD 19.56 USD 20.00 Hold Rating Alexis TAY 11/09/2020 13:13 USD 19.01 USD 20.00 Buy Rating Riadh Hendaoui 31/08/2020 08:12 USD 19.85 USD 20.00 Hold Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 174 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Hp Inc. (US40434L1052) 01/04/2020 10:28 USD 17.36 USD 20.00 Buy - Riadh Hendaoui Hsbc (GB0005405286) 02/08/2021 09:40 GBP 397.45 GBP 435.00 Hold Target Price Tony Lau 02/08/2021 09:38 HKD 43.05 HKD 45.00 Hold Target Price Tony Lau 27/04/2021 10:56 GBP 422.75 GBP 415.00 Hold Target Price Tony Lau 27/04/2021 10:51 HKD 45.10 HKD 42.00 Hold Target Price & Rating Tony Lau 23/02/2021 09:13 GBP 431.65 GBP 415.00 Reduce Target Price Tony Lau 23/02/2021 09:10 HKD 46.50 HKD 42.00 Reduce Target Price Tony Lau 08/12/2020 08:21 HKD 42.90 HKD 36.00 Reduce Target Price Tony Lau 08/12/2020 08:13 GBP 411.55 GBP 350.00 Reduce Target Price & Rating Tony Lau 27/10/2020 08:37 GBP 319.35 GBP 345.00 Hold Target Price Tony Lau 27/10/2020 08:31 HKD 32.25 HKD 32.00 Hold Target Price Tony Lau 21/09/2020 08:04 GBP 310.80 GBP 320.00 Hold Target Price Tony Lau 21/09/2020 08:01 HKD 30.90 HKD 29.50 Hold Rating Tony Lau 03/08/2020 11:14 HKD 34.95 HKD 29.50 Reduce Target Price Tony Lau 03/08/2020 11:10 GBP 342.20 GBP 320.00 Reduce Target Price & Rating Tony Lau 28/04/2020 12:18 HKD 39.50 HKD 44.00 Hold Target Price Tony Lau 31/03/2020 09:02 GBP 462.65 GBP 498.00 Hold Target Price Tony Lau 31/03/2020 08:57 HKD 44.50 HKD 48.00 Hold - Tony Lau Hua Hong Semiconductor (HK0000218211) 12/11/2020 07:30 HKD 29.65 HKD 28.00 Hold Target Price & Rating Tony Lau 14/08/2020 10:02 HKD 29.00 HKD 16.75 Sell Target Price Tony Lau 21/05/2020 12:04 HKD 15.98 HKD 12.60 Sell Target Price & Rating Tony Lau 13/05/2020 10:30 HKD 16.26 HKD 12.70 Hold - Tony Lau

Date of publication: 23 September 2021 Page 175 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Huadian Power (CNE1000003D8) 29/05/2020 12:12 HKD 2.36 HKD 2.80 Buy - Alexis TAY Huaneng Power (CNE1000006Z4) 29/05/2020 11:52 HKD 2.89 HKD 3.40 Buy - Alexis TAY Hugo Boss (DE000A1PHFF7) 26/07/2021 16:33 EUR 50.60 EUR 50.00 Reduce Target Price & Rating Riadh Hendaoui 15/01/2021 19:55 EUR 26.64 EUR 27.00 Hold Target Price Gregoire Cayeux 25/09/2020 14:51 EUR 21.02 EUR 23.00 Hold Target Price Gregoire Cayeux 08/07/2020 13:09 EUR 26.54 EUR 28.00 Hold Target Price & Rating Gregoire Cayeux 18/04/2020 15:37 EUR 25.71 EUR 40.00 Buy - Gregoire Cayeux Hui Xian Reit (HK0000078516) 12/08/2020 09:26 CNY 1.78 CNY 2.00 Buy Target Price & Rating Maggie Yeo 28/04/2020 08:35 CNY 2.26 CNY 2.40 Hold - Alexis TAY Hutchison Port Holdings Trust (SG2D00968206) 17/02/2021 10:21 USD .26 USD .25 Hold Target Price Maggie Yeo 05/08/2020 06:08 USD .10 USD .11 Hold - Maggie Yeo Hyatt Hotels Corporation (US4485791028) 05/08/2021 08:58 USD 72.90 USD 78.00 Hold Target Price & Rating Gregoire Cayeux 06/05/2021 08:09 USD 80.01 USD 85.00 Buy Target Price & Rating Riadh Hendaoui 19/02/2021 10:24 USD 78.56 USD 80.00 Hold Target Price & Rating Riadh Hendaoui 10/11/2020 14:19 USD 67.53 USD 60.00 Reduce Rating Riadh Hendaoui 06/11/2020 17:37 USD 56.79 USD 60.00 Buy Target Price & Rating Riadh Hendaoui 01/10/2020 10:37 USD 53.36 USD 52.00 Hold Target Price & Rating Tony Lau 05/08/2020 10:22 USD 49.24 USD 69.00 Buy Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 176 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Hyatt Hotels Corporation (US4485791028) 09/05/2020 16:09 USD 53.09 USD 70.00 Buy Target Price Gregoire Cayeux 01/04/2020 11:18 USD 47.90 USD 68.00 Buy - Gregoire Cayeux Hysan Development (HK0014000126) 20/09/2021 10:24 HKD 25.20 HKD 30.00 Buy Target Price Tony Lau 16/02/2021 08:26 HKD 28.85 HKD 35.00 Buy Target Price & Rating Tony Lau 23/10/2020 05:23 HKD 25.00 HKD 21.50 Reduce Target Price Tony Lau 25/05/2020 13:01 HKD 21.50 HKD 8.00 Reduce - Tony Lau Hyundai Motor Company (KR7005380001) 21/05/2021 12:40 KRW 224500.00 KRW 330000.00 Buy Target Price Tony Lau 20/10/2020 09:39 KRW 168000.00 KRW 220000.00 Buy Target Price Tony Lau 17/09/2020 04:40 KRW 183500.00 KRW 250000.00 Buy Target Price Tony Lau 10/09/2020 05:16 KRW 167500.00 KRW 200000.00 Buy Target Price & Rating Tony Lau 05/06/2020 08:33 KRW 108500.00 KRW 117000.00 Hold Rating Tony Lau 01/06/2020 12:05 KRW 98000.00 KRW 117000.00 Buy - Tony Lau Iag (ES0177542018) 01/09/2021 21:47 EUR 1.86 EUR 1.30 Sell - Gregoire Cayeux Iba (BE0003766806) 07/04/2021 11:53 EUR 16.62 EUR 18.50 Hold Target Price & Rating Gregoire Cayeux 21/01/2021 11:31 EUR 14.68 EUR 9.00 Sell Rating Gregoire Cayeux 27/08/2020 12:07 EUR 9.33 EUR 9.00 Reduce Rating Patrick Casselman 13/08/2020 10:55 EUR 8.09 EUR 9.00 Hold Target Price & Rating Patrick Casselman 27/03/2020 10:32 EUR 7.82 EUR 10.00 Buy - Patrick Casselman

Date of publication: 23 September 2021 Page 177 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Iberdrola (ES0144580Y14) 21/10/2020 18:19 EUR 10.78 Conflict of Interest Target Price & Rating Gregoire Cayeux 23/07/2020 17:12 EUR 11.11 EUR 10.40 Reduce Target Price Mehdi Slimani 10/07/2020 09:43 EUR 10.60 EUR 10.30 Reduce Target Price Mehdi Slimani 30/04/2020 19:20 EUR 9.35 EUR 8.90 Reduce - Mehdi Slimani (FR0000035081) 27/07/2021 17:24 EUR 76.95 EUR 78.00 Hold Target Price Riadh Hendaoui 06/05/2021 14:52 EUR 66.10 EUR 74.00 Hold Target Price & Rating Gregoire Cayeux 05/02/2021 19:26 EUR 59.75 EUR 54.00 Reduce Target Price & Rating Gregoire Cayeux 31/10/2020 12:23 EUR 43.40 EUR 55.00 Buy Target Price & Rating Gregoire Cayeux 12/06/2020 09:40 EUR 63.95 EUR 66.00 Hold Target Price Gregoire Cayeux 31/03/2020 16:04 EUR 72.80 EUR 81.00 Hold - Gregoire Cayeux Icbc (CNE1000003G1) 01/09/2021 11:38 HKD 4.34 HKD 4.75 Hold Target Price Tony Lau 12/07/2021 09:46 HKD 4.52 HKD 4.90 Hold Target Price Tony Lau 02/03/2021 12:08 HKD 5.04 HKD 5.25 Hold Target Price Tony Lau 31/08/2020 09:58 HKD 4.50 HKD 4.90 Hold Target Price Tony Lau 06/04/2020 09:19 HKD 5.15 HKD 5.60 Hold Target Price Tony Lau 02/04/2020 09:40 HKD 5.18 HKD 5.55 Hold - Tony Lau Icbc (A-Share) (CNE000001P37) 12/07/2021 09:37 CNY 4.89 CNY 4.70 Reduce Target Price Tony Lau 02/03/2021 12:13 CNY 5.34 CNY 5.00 Reduce Target Price Tony Lau 22/06/2020 11:40 CNY 5.20 CNY 4.20 Reduce - Tony Lau

Date of publication: 23 September 2021 Page 178 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Icici Bank Ltd (US45104G1040) 22/01/2021 09:34 USD 15.32 USD 18.00 Buy Target Price & Rating Alexis TAY 28/07/2020 06:06 USD 9.56 Conflict of Interest Target Price & Rating Alexis TAY 10/06/2020 04:35 USD 9.69 USD 11.50 Buy - Alexis TAY Ihh Healthcare Bhd (MYL5225OO007) 01/07/2020 09:38 MYR 5.50 MYR 5.95 Hold Rating Maggie Yeo 21/04/2020 09:21 MYR 5.23 MYR 5.95 Buy - Maggie Yeo Ihs Markit Ltd. (BMG475671050) 24/06/2021 18:32 USD 110.47 USD 101.00 Reduce Target Price & Rating Bruno Villeroil 25/03/2021 11:21 USD 96.19 USD 95.00 Hold Rating Bruno Villeroil 18/01/2021 16:49 USD 85.51 USD 95.00 Buy Rating Bruno Villeroil 03/12/2020 09:45 USD 92.55 USD 95.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 13:01 USD 77.42 USD 84.00 Buy - Maggie Yeo Ijm Corporation (MYL3336OO004) 27/11/2020 08:21 MYR 1.65 MYR 1.60 Hold Rating Maggie Yeo 31/08/2020 10:51 MYR 1.23 MYR 1.60 Buy Rating Maggie Yeo 19/06/2020 08:15 MYR 1.90 MYR 1.60 Reduce Rating Maggie Yeo 25/03/2020 08:14 MYR 1.38 MYR 1.60 Buy - Maggie Yeo Iliad (FR0004035913) 30/07/2021 18:54 EUR 182.05 Conflict of Interest Target Price & Rating Gregoire Cayeux 20/05/2021 16:10 EUR 131.00 EUR 215.00 Buy Target Price Mehdi Slimani 06/05/2021 21:00 EUR 150.90 EUR 240.00 Buy Target Price Mehdi Slimani 19/03/2021 16:49 EUR 158.55 EUR 265.00 Buy Target Price Mehdi Slimani 04/02/2021 21:15 EUR 154.10 EUR 255.00 Buy Target Price Mehdi Slimani

Date of publication: 23 September 2021 Page 179 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Iliad (FR0004035913) 02/12/2020 14:31 EUR 174.00 EUR 250.00 Buy Target Price Gregoire Cayeux 04/09/2020 16:08 EUR 173.95 EUR 225.00 Buy Target Price Gregoire Cayeux 06/07/2020 13:59 EUR 178.65 EUR 200.00 Buy Target Price Mehdi Slimani 13/05/2020 14:04 EUR 146.35 EUR 190.00 Buy - Gregoire Cayeux Illinois Tool Works Inc. (US4523081093) 19/05/2021 09:57 USD 232.69 USD 240.00 Hold Rating Gregoire Cayeux 03/05/2021 12:49 USD 230.46 USD 240.00 Buy Target Price Bruno Villeroil 19/03/2021 12:52 USD 221.75 USD 230.00 Buy Target Price & Rating Bruno Villeroil 26/10/2020 12:48 USD 206.70 USD 210.00 Hold Target Price & Rating Bruno Villeroil 01/10/2020 13:38 USD 190.84 USD 140.00 Sell - Maggie Yeo Illumina, Inc. (US4523271090) 17/09/2021 10:27 USD 449.92 USD 460.00 Hold Target Price & Rating Gregoire Cayeux 20/08/2021 14:22 USD 470.36 USD 522.00 Buy Target Price Mehdi Slimani 09/08/2021 10:43 USD 497.24 USD 530.00 Buy Target Price & Rating Mehdi Slimani 28/04/2021 20:51 USD 413.55 USD 400.00 Hold Target Price & Rating Mehdi Slimani 18/03/2021 21:41 USD 420.12 USD 388.00 Reduce Rating Mehdi Slimani 15/02/2021 09:06 USD 504.76 USD 388.00 Sell Target Price & Rating Mehdi Slimani 31/10/2020 12:58 USD 292.70 USD 318.00 Hold Target Price & Rating Gregoire Cayeux 09/10/2020 19:24 USD 333.78 USD 282.00 Sell Rating Mehdi Slimani 01/10/2020 11:33 USD 305.50 USD 282.00 Buy Target Price Godfrey OYENIRAN 22/09/2020 17:12 USD 270.13 USD 285.00 Buy Rating Mehdi Slimani 10/08/2020 11:48 USD 355.66 USD 285.00 Sell Rating Gregoire Cayeux 16/04/2020 12:20 USD 294.29 USD 285.00 Hold - Gregoire Cayeux

Date of publication: 23 September 2021 Page 180 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Imerys (FR0000120859) 31/07/2020 10:50 EUR 31.58 EUR 33.00 Hold Target Price Bruno Villeroil 27/03/2020 15:34 EUR 24.06 EUR 27.00 Hold - Bruno Villeroil Imperial Oil Limited (CA4530384086) 04/08/2021 10:25 CAD 34.95 CAD 41.00 Buy Target Price & Rating Godfrey OYENIRAN 15/06/2021 09:52 CAD 40.99 CAD 39.00 Hold Rating Godfrey OYENIRAN 03/05/2021 09:37 CAD 35.50 CAD 39.00 Buy Target Price & Rating Godfrey OYENIRAN 08/03/2021 11:20 CAD 30.00 CAD 26.00 Reduce Rating Godfrey OYENIRAN 05/02/2021 08:33 CAD 25.93 CAD 26.00 Hold Target Price & Rating Godfrey OYENIRAN 11/11/2020 07:42 CAD 22.04 CAD 20.00 Reduce Rating Godfrey OYENIRAN 10/11/2020 11:04 CAD 21.63 CAD 20.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 08:15 CAD 15.94 CAD 23.00 Buy Target Price Tony Lau 16/09/2020 13:24 CAD 18.98 CAD 21.00 Buy Rating Mehdi Slimani 09/09/2020 10:18 CAD 19.64 CAD 21.00 Hold Target Price Mehdi Slimani 01/09/2020 11:30 CAD 21.51 CAD 23.00 Hold Target Price & Rating Gregoire Cayeux 06/08/2020 11:07 CAD 22.21 CAD 25.00 Buy Target Price Gregoire Cayeux 15/07/2020 15:23 CAD 22.07 CAD 24.00 Buy Target Price Mehdi Slimani 13/05/2020 13:24 CAD 21.10 CAD 23.00 Buy Rating Mehdi Slimani 05/05/2020 11:11 CAD 22.16 CAD 23.00 Hold Rating Mehdi Slimani 26/03/2020 20:49 CAD 15.01 CAD 23.00 Buy - Mehdi Slimani Inari Amertron (MYQ0166OO007) 17/11/2020 02:28 MYR 2.60 MYR 2.00 Sell Target Price Maggie Yeo 24/07/2020 10:41 MYR 1.88 MYR 1.35 Sell Rating Maggie Yeo 23/06/2020 04:40 MYR 1.64 MYR 1.35 Reduce Target Price Maggie Yeo 22/05/2020 05:15 MYR 1.44 MYR 1.25 Reduce - Maggie Yeo

Date of publication: 23 September 2021 Page 181 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Incyte Corporation (US45337C1027) 04/08/2021 11:53 USD 77.95 USD 87.00 Buy Target Price Mehdi Slimani 07/11/2020 17:23 USD 83.15 USD 95.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:41 USD 89.74 USD 101.00 Buy Target Price Godfrey OYENIRAN 05/08/2020 12:40 USD 99.95 USD 111.00 Buy Target Price & Rating Gregoire Cayeux 11/05/2020 08:57 USD 95.92 USD 97.00 Hold - Mehdi Slimani Inditex (ES0148396007) 16/09/2021 14:06 EUR 29.68 EUR 31.50 Hold Target Price Gregoire Cayeux 09/09/2021 14:24 EUR 29.74 EUR 31.00 Hold Target Price & Rating Gregoire Cayeux 11/06/2021 13:29 EUR 31.08 EUR 30.00 Reduce Rating Gregoire Cayeux 19/03/2021 22:24 EUR 28.65 EUR 30.00 Hold Target Price Gregoire Cayeux 17/09/2020 12:48 EUR 25.81 EUR 28.00 Hold Rating Gregoire Cayeux 08/05/2020 10:16 EUR 23.38 EUR 28.00 Buy Target Price Gregoire Cayeux 03/04/2020 09:04 EUR 21.88 EUR 30.00 Buy - Gregoire Cayeux Indorama Ventures (TH1027010004) 26/02/2021 08:54 THB 39.50 THB 34.00 Reduce Target Price & Rating Maggie Yeo 11/11/2020 03:42 THB 25.75 THB 20.00 Sell Rating Maggie Yeo 31/08/2020 10:18 THB 24.20 THB 20.00 Reduce Rating Maggie Yeo 24/04/2020 11:18 THB 27.75 THB 20.00 Sell - Maggie Yeo Indra (ES0118594417) 20/09/2021 10:58 EUR 9.32 EUR 11.00 Buy Target Price Gregoire Cayeux 28/07/2021 12:05 EUR 7.98 EUR 10.00 Buy Target Price Riadh Hendaoui 28/04/2021 16:12 EUR 7.85 EUR 9.50 Buy Target Price Riadh Hendaoui 15/02/2021 12:05 EUR 7.28 EUR 9.00 Buy Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 182 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Indra (ES0118594417) 22/07/2020 13:36 EUR 6.99 EUR 8.50 Buy Target Price Riadh Hendaoui 15/05/2020 19:03 EUR 6.95 EUR 10.00 Buy Rating Riadh Hendaoui 06/05/2020 17:45 EUR 7.68 EUR 10.00 Hold Rating Riadh Hendaoui 27/03/2020 14:26 EUR 8.20 EUR 10.00 Buy - Riadh Hendaoui Industrial Bank Of Korea (KR7024110009) 24/03/2020 08:41 KRW 6130.00 KRW 9200.00 Buy - Tony Lau Infineon (DE0006231004) 05/02/2021 21:15 EUR 33.61 EUR 40.00 Buy Target Price Riadh Hendaoui 05/08/2020 15:30 EUR 22.20 EUR 30.00 Buy Target Price Riadh Hendaoui 10/07/2020 18:09 EUR 21.66 EUR 29.00 Buy Target Price & Rating Riadh Hendaoui 06/05/2020 23:52 EUR 16.80 EUR 18.00 Hold Target Price & Rating Riadh Hendaoui 25/03/2020 03:55 EUR 11.47 EUR 15.00 Buy - Riadh Hendaoui Infosys Limited (US4567881085) 19/07/2021 05:47 USD 21.13 USD 24.00 Buy Target Price Alexis TAY 22/04/2021 04:05 USD 18.18 USD 21.00 Buy Target Price Alexis TAY 22/01/2021 09:53 USD 18.12 USD 20.00 Buy Target Price Alexis TAY 23/10/2020 08:41 USD 15.35 USD 16.00 Buy Target Price & Rating Alexis TAY 01/10/2020 12:09 USD 13.59 USD 13.00 Hold Target Price & Rating Alexis TAY 28/08/2020 11:59 USD 12.78 USD 14.50 Buy Target Price & Rating Alexis TAY 27/03/2020 04:27 USD 8.19 USD 9.00 Hold - Alexis TAY Ing Group (NL0011821202) 09/08/2021 13:06 EUR 11.54 EUR 12.50 Hold Target Price Gregoire Cayeux 07/05/2021 12:57 EUR 10.80 EUR 12.30 Hold Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 183 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ing Group (NL0011821202) 01/04/2021 13:15 EUR 10.43 EUR 11.80 Hold Target Price Riadh Hendaoui 03/03/2021 23:31 EUR 9.40 EUR 10.40 Hold Target Price & Rating Riadh Hendaoui 15/02/2021 18:28 EUR 8.35 EUR 10.00 Buy Target Price Riadh Hendaoui 20/01/2021 14:14 EUR 7.76 EUR 9.10 Buy Target Price & Rating Riadh Hendaoui 14/01/2021 09:59 EUR 7.89 EUR 8.50 Hold Target Price & Rating Riadh Hendaoui 06/11/2020 17:41 EUR 6.10 EUR 8.10 Buy Target Price Riadh Hendaoui 07/08/2020 15:25 EUR 6.50 EUR 7.60 Buy Target Price Riadh Hendaoui 08/07/2020 17:47 EUR 6.56 EUR 7.10 Buy Target Price Riadh Hendaoui 13/05/2020 16:15 EUR 5.06 EUR 6.45 Buy Target Price Riadh Hendaoui 09/04/2020 21:22 EUR 5.29 EUR 6.70 Buy Target Price Riadh Hendaoui 30/03/2020 22:13 EUR 5.48 EUR 7.00 Buy - Riadh Hendaoui Innolux Corp (TW0003481008) 01/09/2021 11:21 TWD 17.25 TWD 21.00 Buy Target Price Tony Lau 07/06/2021 12:22 TWD 23.15 TWD 29.80 Buy Target Price Tony Lau 18/09/2020 04:22 TWD 10.10 TWD 12.00 Buy - Tony Lau Inspur Electronic Information Industry (A-Share) (CNE0000012M2) 27/08/2021 11:20 CNY 29.03 CNY 37.50 Buy Target Price & Rating Tony Lau 03/03/2021 04:17 CNY 32.00 CNY 35.00 Hold Target Price & Rating Tony Lau 19/02/2021 04:48 CNY 33.22 No Opinion Target Price & Rating Tony Lau 05/11/2020 09:31 CNY 27.89 CNY 35.80 Buy Target Price Tony Lau 07/09/2020 08:42 CNY 35.18 CNY 47.30 Buy Target Price Tony Lau 12/05/2020 05:03 CNY 42.38 CNY 51.80 Buy Target Price Tony Lau 24/03/2020 02:58 CNY 39.58 CNY 48.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 184 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Instone Real Estate (DE000A2NBX80) 21/05/2021 15:04 EUR 25.30 EUR 38.00 Buy Target Price Torben BUMANN 25/11/2020 17:37 EUR 21.00 EUR 36.00 Buy Target Price Torben BUMANN 01/04/2020 15:42 EUR 14.50 EUR 35.00 Buy - Torben BUMANN Intel Corporation (US4581401001) 23/07/2021 11:26 USD 55.96 USD 65.00 Buy Target Price Alexis TAY 06/04/2021 10:27 USD 66.54 USD 70.00 Buy Target Price Alexis TAY 22/01/2021 09:53 USD 57.99 USD 65.00 Buy Target Price & Rating Alexis TAY 11/01/2021 09:20 USD 51.65 USD 52.00 Hold Target Price & Rating Alexis TAY 01/09/2020 21:29 USD 50.79 Conflict of Interest Target Price & Rating Gregoire Cayeux 25/04/2020 14:02 USD 59.26 USD 70.00 Buy - Gregoire Cayeux Intercontinental Exchange, Inc. (US45866F1049) 04/08/2021 10:33 USD 119.12 USD 126.00 Buy Target Price & Rating Godfrey OYENIRAN 14/07/2021 04:52 USD 119.06 USD 120.00 Hold Rating Godfrey OYENIRAN 20/05/2021 09:02 USD 110.74 USD 120.00 Buy Rating Godfrey OYENIRAN 14/04/2021 05:25 USD 117.71 USD 120.00 Hold Rating Godfrey OYENIRAN 05/02/2021 08:29 USD 114.55 USD 120.00 Buy Target Price & Rating Godfrey OYENIRAN 12/01/2021 11:21 USD 117.65 USD 98.00 Sell Rating Godfrey OYENIRAN 01/10/2020 12:54 USD 98.80 USD 98.00 Hold Target Price & Rating Godfrey OYENIRAN 10/08/2020 09:44 USD 100.96 USD 90.00 Reduce Rating Gregoire Cayeux 12/06/2020 15:24 USD 92.04 USD 90.00 Hold Target Price Riadh Hendaoui 02/05/2020 15:28 USD 88.67 USD 88.00 Hold - Riadh Hendaoui International Business Machines Corporation (US4592001014) 30/07/2021 06:22 USD 141.77 USD 146.00 Buy Target Price & Rating Alexis TAY

Date of publication: 23 September 2021 Page 185 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

International Business Machines Corporation (US4592001014) 22/04/2021 04:08 USD 138.16 USD 138.00 Hold Target Price Alexis TAY 26/01/2021 11:15 USD 118.58 USD 129.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 12:10 USD 120.51 USD 144.00 Buy Target Price & Rating Alexis TAY 22/07/2020 16:31 USD 126.06 USD 120.00 Hold Target Price Riadh Hendaoui 22/04/2020 12:15 USD 116.76 USD 118.00 Hold Target Price & Rating Riadh Hendaoui 03/04/2020 13:57 USD 110.00 USD 128.00 Buy - Gregoire Cayeux Intervest Offices & Warehouses (BE0003746600) 08/06/2021 11:03 EUR 23.75 EUR 26.00 Hold Target Price Gregoire Cayeux 31/07/2020 14:13 EUR 22.05 EUR 25.00 Hold Target Price Patrick Casselman 07/05/2020 10:07 EUR 22.45 EUR 24.00 Hold - Patrick Casselman Intesa Sanpaolo (IT0000072618) 07/05/2021 13:33 EUR 2.36 EUR 2.80 Buy Target Price Riadh Hendaoui 10/02/2021 21:18 EUR 2.09 EUR 2.65 Buy Target Price Riadh Hendaoui 19/11/2020 21:55 EUR 1.87 EUR 2.40 Buy Target Price Riadh Hendaoui 20/10/2020 21:36 EUR 1.56 EUR 2.20 Buy Target Price Riadh Hendaoui 18/08/2020 13:53 EUR 1.82 EUR 2.30 Buy Target Price Gregoire Cayeux 02/06/2020 12:42 EUR 1.58 EUR 2.10 Buy Target Price Riadh Hendaoui 01/04/2020 16:10 EUR 1.49 EUR 2.30 Buy - Riadh Hendaoui Intouch Holdings (TH0201A10Y01) 11/05/2020 10:56 THB 53.00 THB 71.00 Buy - Maggie Yeo Intuit Inc. (US4612021034) 30/08/2021 15:28 USD 565.94 USD 599.00 Buy Target Price & Rating Gregoire Cayeux 08/06/2021 12:14 USD 450.56 USD 425.00 Hold Target Price & Rating Alexis TAY

Date of publication: 23 September 2021 Page 186 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Intuit Inc. (US4612021034) 10/03/2021 03:59 USD 370.42 USD 400.00 Buy Rating Alexis TAY 05/03/2021 04:42 USD 406.41 USD 400.00 Hold Target Price Alexis TAY 11/12/2020 03:09 USD 356.82 USD 344.00 Hold Target Price Alexis TAY 09/10/2020 08:33 USD 321.89 USD 317.00 Hold Target Price & Rating Alexis TAY 01/10/2020 12:32 USD 317.28 USD 247.00 Sell - Alexis TAY Intuitive Surgical, Inc. (US46120E6023) 22/07/2021 21:45 USD 944.94 USD 832.00 Reduce Target Price & Rating Bruno Villeroil 22/04/2021 20:54 USD 891.38 USD 683.00 Sell Target Price Mehdi Slimani 25/01/2021 09:35 USD 744.08 USD 553.00 Sell Target Price Mehdi Slimani 19/10/2020 19:47 USD 752.68 USD 547.00 Sell Target Price Mehdi Slimani 01/10/2020 11:30 USD 709.54 USD 496.00 Sell Target Price Godfrey OYENIRAN 18/04/2020 10:58 USD 526.33 USD 443.00 Sell Rating Gregoire Cayeux 25/03/2020 18:34 USD 431.90 USD 443.00 Hold - Mehdi Slimani Inventec (TW0002356003) 13/05/2020 08:32 TWD 23.30 TWD 23.20 Hold - Tony Lau Invesco Ltd. (BMG491BT1088) 29/04/2021 08:05 USD 26.46 USD 30.00 Buy Target Price & Rating Godfrey OYENIRAN 05/03/2021 10:19 USD 23.32 USD 24.00 Hold Rating Godfrey OYENIRAN 28/01/2021 09:30 USD 20.94 USD 24.00 Buy Target Price & Rating Godfrey OYENIRAN 20/11/2020 07:38 USD 15.96 USD 16.00 Hold Target Price & Rating Godfrey OYENIRAN 03/10/2020 07:06 USD 11.85 USD 14.00 Buy Target Price CFRA Research 29/07/2020 11:13 USD 10.37 USD 11.00 Buy Rating Riadh Hendaoui 20/06/2020 09:50 USD 11.09 USD 11.00 Hold Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 187 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Invesco Ltd. (BMG491BT1088) 21/04/2020 11:00 USD 9.09 USD 11.50 Hold Target Price & Rating Riadh Hendaoui 02/04/2020 18:16 USD 8.01 USD 12.00 Buy - Riadh Hendaoui Ioi Corporation (MYL1961OO001) 07/04/2021 08:52 MYR 4.16 MYR 4.70 Buy Rating Maggie Yeo 19/11/2020 08:31 MYR 4.52 MYR 4.70 Hold Target Price Maggie Yeo 02/06/2020 09:16 MYR 4.55 MYR 4.40 Hold Target Price Maggie Yeo 29/05/2020 07:14 MYR 4.50 MYR 4.60 Hold - Maggie Yeo Iqvia Holdings Inc. (US46266C1053) 17/07/2021 10:30 USD 247.70 USD 269.00 Buy Target Price Gregoire Cayeux 23/04/2021 18:05 USD 225.94 USD 250.00 Buy Target Price Mehdi Slimani 21/04/2021 20:56 USD 217.12 USD 240.00 Buy Target Price Mehdi Slimani 11/02/2021 11:40 USD 190.05 USD 215.00 Buy Target Price & Rating Gregoire Cayeux 22/01/2021 09:07 USD 187.69 USD 201.00 Hold Target Price Gregoire Cayeux 21/10/2020 11:20 USD 173.50 USD 181.00 Hold Target Price & Rating Mehdi Slimani 01/10/2020 14:33 USD 153.30 USD 172.00 Buy - Godfrey OYENIRAN Irpc (TH0471010Y04) 11/11/2020 03:48 THB 2.24 THB 2.30 Hold Target Price & Rating Maggie Yeo 12/08/2020 08:25 THB 2.46 THB 3.00 Buy Rating Maggie Yeo 16/07/2020 05:48 THB 2.70 THB 3.00 Hold - Maggie Yeo Italgas (IT0005211237) 16/06/2021 15:55 EUR 5.63 EUR 6.10 Hold Target Price & Rating Mehdi Slimani 18/11/2020 13:44 EUR 5.28 EUR 6.00 Buy Target Price & Rating Gregoire Cayeux 22/07/2020 19:27 EUR 5.34 EUR 5.50 Hold Target Price Mehdi Slimani

Date of publication: 23 September 2021 Page 188 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Italgas (IT0005211237) 12/06/2020 14:28 EUR 4.95 EUR 5.10 Hold Target Price Mehdi Slimani 02/06/2020 18:39 EUR 4.95 EUR 5.00 Hold Target Price Mehdi Slimani 04/05/2020 07:26 EUR 4.87 EUR 5.30 Hold Rating Mehdi Slimani 23/03/2020 09:09 EUR 4.37 EUR 5.30 Buy - Gregoire Cayeux Jardine Cycle & Carriage (SG1B51001017) 03/08/2021 10:09 SGD 20.50 SGD 26.50 Buy Target Price Maggie Yeo 17/03/2021 08:56 SGD 22.29 SGD 31.20 Buy Target Price Maggie Yeo 22/01/2021 07:04 SGD 23.18 SGD 29.60 Buy Target Price Maggie Yeo 21/12/2020 09:36 SGD 19.95 SGD 28.10 Buy Target Price Maggie Yeo 23/11/2020 05:07 SGD 20.87 SGD 27.10 Buy Target Price Maggie Yeo 11/09/2020 05:16 SGD 17.90 SGD 26.30 Buy Target Price & Rating Maggie Yeo 05/08/2020 06:13 SGD 19.50 SGD 21.00 Hold Rating Maggie Yeo 25/03/2020 07:56 SGD 17.77 SGD 21.00 Buy - Maggie Yeo Jardine Matheson (BMG507361001) 17/02/2021 10:29 SGD 54.03 SGD 51.00 Hold Target Price Maggie Yeo 06/11/2020 07:46 SGD 45.80 SGD 44.00 Hold Target Price Maggie Yeo 05/08/2020 06:15 SGD 37.96 SGD 41.00 Hold - Maggie Yeo Jardine Strategic Holdings (BMG507641022) 17/02/2021 10:34 USD 25.39 USD 24.70 Hold Rating Maggie Yeo 06/11/2020 07:49 USD 22.00 USD 24.70 Buy Target Price Maggie Yeo 05/08/2020 06:17 USD 19.62 USD 23.20 Buy - Maggie Yeo Jasmine Infrastructure Fund (TH6247010007) 11/05/2020 10:58 THB 9.20 THB 9.60 Hold - Maggie Yeo

Date of publication: 23 September 2021 Page 189 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Jcdecaux (FR0000077919) 19/05/2021 13:13 EUR 23.16 EUR 22.00 Reduce Rating Gregoire Cayeux 27/04/2021 13:22 EUR 21.34 EUR 22.00 Hold Target Price & Rating Gregoire Cayeux 12/03/2021 17:36 EUR 20.00 EUR 16.00 Sell Target Price & Rating Mehdi Slimani 29/01/2021 17:57 EUR 16.09 EUR 15.00 Reduce Rating Gregoire Cayeux 11/01/2021 18:38 EUR 17.68 EUR 15.00 Sell Target Price Gregoire Cayeux 07/11/2020 11:06 EUR 13.32 EUR 10.00 Sell Target Price & Rating Gregoire Cayeux 31/07/2020 16:39 EUR 14.03 EUR 13.00 Reduce Target Price Mehdi Slimani 15/05/2020 13:58 EUR 18.60 EUR 17.00 Reduce Rating Gregoire Cayeux 21/04/2020 17:18 EUR 16.97 EUR 17.00 Hold Target Price & Rating Gregoire Cayeux 04/04/2020 09:11 EUR 16.16 EUR 16.00 Reduce - Gregoire Cayeux Jcet Group (A-Share) (CNE000001F05) 21/05/2021 09:48 CNY 33.41 CNY 40.00 Buy Target Price & Rating Tony Lau 09/07/2020 08:50 CNY 41.62 CNY 45.00 Hold Target Price & Rating Tony Lau 12/05/2020 11:51 CNY 26.51 CNY 33.00 Buy - Tony Lau Jd Health International Inc. (KYG5074A1004) 25/08/2021 09:20 HKD 73.45 HKD 105.00 Buy Target Price Tony Lau 04/06/2021 11:36 HKD 103.90 HKD 135.00 Buy Target Price Tony Lau 24/03/2021 08:06 HKD 108.40 HKD 148.00 Buy Target Price Tony Lau 08/02/2021 04:26 HKD 155.50 HKD 190.00 Buy - Tony Lau Jd.Com (US47215P1066) 24/08/2021 12:19 USD 65.73 USD 90.00 Buy Target Price Alexis TAY 24/05/2021 10:00 USD 72.75 USD 100.00 Buy Target Price Alexis TAY 12/03/2021 09:22 USD 90.01 USD 110.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 190 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Jd.Com (US47215P1066) 17/11/2020 11:42 USD 85.26 USD 105.00 Buy Target Price Alexis TAY 18/08/2020 05:45 USD 62.06 USD 80.00 Buy Target Price Alexis TAY 23/06/2020 04:42 USD 58.64 USD 68.00 Buy Target Price Alexis TAY 22/05/2020 06:05 USD 54.31 USD 60.00 Buy Target Price Alexis TAY 24/03/2020 05:15 USD 37.66 USD 44.00 Buy - Alexis TAY Jd.Com Inc (KYG8208B1014) 24/08/2021 12:22 HKD 243.60 HKD 350.00 Buy Target Price Alexis TAY 24/05/2021 10:02 HKD 288.80 HKD 390.00 Buy Target Price Alexis TAY 12/03/2021 09:25 HKD 360.80 HKD 426.00 Buy Target Price Alexis TAY 17/11/2020 11:44 HKD 368.00 HKD 412.00 Buy Target Price Alexis TAY 18/08/2020 05:47 HKD 243.00 HKD 310.00 Buy Target Price Alexis TAY 01/07/2020 11:15 HKD 231.80 HKD 263.50 Buy - Alexis TAY Jde Peet'S (NL0014332678) 05/08/2021 10:17 EUR 29.00 EUR 38.00 Buy Target Price Gregoire Cayeux 05/07/2021 13:15 EUR 30.88 EUR 37.00 Buy Target Price & Rating Gregoire Cayeux 14/01/2021 11:58 EUR 33.90 EUR 35.00 Hold Target Price Gregoire Cayeux 10/07/2020 11:02 EUR 37.40 EUR 38.00 Hold - Gregoire Cayeux Jefferies Financial Group Inc. (US47233W1099) 30/03/2021 12:46 USD 31.57 USD 38.00 Buy Target Price Godfrey OYENIRAN 26/02/2021 09:42 USD 29.25 USD 33.00 Buy Target Price Godfrey OYENIRAN 07/01/2021 08:15 USD 24.92 USD 28.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 11:25 USD 18.00 USD 20.00 Buy - Timothy FUNG

Date of publication: 23 September 2021 Page 191 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Jeronimo Martins (PTJMT0AE0001) 31/07/2021 14:23 EUR 17.18 EUR 18.00 Hold Target Price Gregoire Cayeux 12/07/2021 18:52 EUR 16.64 EUR 17.50 Hold Target Price & Rating Riadh Hendaoui 29/04/2021 18:29 EUR 14.12 EUR 17.00 Buy Target Price & Rating Gregoire Cayeux 07/04/2021 12:57 EUR 14.44 EUR 16.00 Hold Target Price & Rating Gregoire Cayeux 05/03/2021 17:52 EUR 13.48 EUR 15.50 Buy Target Price Gregoire Cayeux 06/01/2021 18:07 EUR 14.09 EUR 16.50 Buy Target Price Gregoire Cayeux 07/11/2020 09:02 EUR 14.12 EUR 16.00 Buy Rating Gregoire Cayeux 03/08/2020 23:14 EUR 14.30 EUR 16.00 Hold Rating Riadh Hendaoui 19/05/2020 19:05 EUR 14.10 EUR 16.00 Buy Target Price Gregoire Cayeux 04/05/2020 15:26 EUR 15.42 EUR 17.50 Buy - Gregoire Cayeux Jg Summit Holdings (PHY444251177) 27/04/2021 03:23 PHP 51.30 Conflict of Interest Target Price & Rating Maggie Yeo 17/08/2020 06:27 PHP 61.30 PHP 47.00 Sell Target Price & Rating Maggie Yeo 12/05/2020 09:39 PHP 48.80 PHP 43.75 Reduce - Maggie Yeo Jiangsu Hengrui Pharmaceuticals (A-Share) (CNE0000014W7) 21/07/2021 08:56 CNY 60.96 CNY 85.00 Buy Target Price Tony Lau 23/07/2020 08:55 CNY 99.37 CNY 120.00 Buy - Tony Lau Jiangsu Yuyue Medical Equipment & Supply (A-Share) (CNE1000009X3) 21/07/2021 09:19 CNY 36.21 CNY 45.00 Buy Target Price Tony Lau 25/05/2021 11:09 CNY 30.05 CNY 35.00 Buy Target Price Tony Lau 24/03/2021 08:23 CNY 26.40 CNY 33.00 Buy Target Price Tony Lau 19/01/2021 10:55 CNY 29.92 CNY 38.00 Buy Target Price Tony Lau 07/07/2020 10:59 CNY 36.60 CNY 45.00 Buy Target Price & Rating Tony Lau

Date of publication: 23 September 2021 Page 192 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Jiangsu Yuyue Medical Equipment & Supply (A-Share) (CNE1000009X3) 20/05/2020 11:59 CNY 35.92 CNY 40.00 Hold Target Price & Rating Alexis TAY 26/03/2020 04:28 CNY 34.70 CNY 42.00 Buy - Alexis TAY Jiangxi Copper (CNE1000003K3) 13/08/2021 09:00 HKD 15.80 HKD 19.00 Buy Target Price Maggie Yeo 24/05/2021 09:22 HKD 17.58 HKD 21.00 Buy Target Price Maggie Yeo 26/01/2021 09:11 HKD 14.46 HKD 17.00 Buy Target Price & Rating Maggie Yeo 28/07/2020 10:13 HKD 9.30 HKD 10.00 Hold Target Price & Rating Maggie Yeo 08/06/2020 05:03 HKD 7.95 HKD 9.50 Buy - Tony Lau Jinxin Fertility Group Limited (KYG5140J1013) 03/06/2021 04:41 HKD 21.25 HKD 22.00 Hold Target Price & Rating Tony Lau 24/03/2021 08:18 HKD 15.54 HKD 19.00 Buy Target Price Tony Lau 19/01/2021 10:51 HKD 14.32 HKD 18.00 Buy Target Price Tony Lau 18/05/2020 10:54 HKD 9.95 HKD 12.50 Buy - Tony Lau Johnson & Johnson (US4781601046) 17/07/2021 10:03 USD 168.10 USD 189.00 Buy Target Price Gregoire Cayeux 21/05/2021 21:21 USD 171.07 USD 182.00 Buy Target Price Mehdi Slimani 21/04/2021 20:45 USD 166.48 USD 177.00 Buy Target Price & Rating Mehdi Slimani 04/03/2021 08:41 USD 156.22 USD 160.00 Hold Target Price & Rating Mehdi Slimani 27/01/2021 22:18 USD 170.48 USD 180.00 Buy Target Price Mehdi Slimani 17/01/2021 19:58 USD 160.30 USD 173.00 Buy Target Price Gregoire Cayeux 01/10/2020 12:47 USD 145.66 USD 164.00 Buy Target Price & Rating Godfrey OYENIRAN 07/07/2020 09:58 USD 142.98 USD 141.00 Hold Target Price Mehdi Slimani 25/06/2020 11:23 USD 139.82 USD 133.00 Hold Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 193 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Johnson & Johnson (US4781601046) 15/04/2020 09:48 USD 146.03 USD 133.00 Reduce Rating Gregoire Cayeux 04/04/2020 16:06 USD 134.17 USD 133.00 Hold - Gregoire Cayeux Johnson Controls International Plc (IE00BY7QL619) 10/09/2021 12:14 USD 75.63 USD 78.00 Hold Target Price Bruno Villeroil 03/08/2021 11:38 USD 70.70 USD 75.00 Hold Target Price & Rating Bruno Villeroil 23/03/2021 10:11 USD 59.96 USD 70.00 Buy Target Price Gregoire Cayeux 14/01/2021 12:29 USD 52.01 USD 60.00 Buy Target Price Bruno Villeroil 04/11/2020 12:19 USD 44.22 USD 49.00 Buy Target Price Bruno Villeroil 01/10/2020 13:55 USD 41.33 USD 47.00 Buy Target Price Maggie Yeo 14/04/2020 09:51 USD 29.36 USD 45.00 Buy - Gregoire Cayeux Jollibee Foods (PHY4466S1007) 17/02/2021 04:04 PHP 179.50 PHP 120.00 Sell Target Price Maggie Yeo 27/03/2020 08:25 PHP 102.20 PHP 80.00 Sell - Maggie Yeo Jpmorgan Chase & Co. (US46625H1005) 15/07/2021 02:11 USD 155.65 USD 179.00 Buy Target Price Godfrey OYENIRAN 08/06/2021 10:24 USD 165.66 USD 185.00 Buy Target Price Godfrey OYENIRAN 21/04/2021 11:34 USD 149.27 USD 168.00 Buy Target Price Godfrey OYENIRAN 16/04/2021 08:10 USD 154.09 USD 160.00 Buy Target Price & Rating Godfrey OYENIRAN 12/04/2021 08:31 USD 153.62 USD 150.00 Hold Rating Godfrey OYENIRAN 18/01/2021 08:51 USD 138.64 USD 150.00 Buy Target Price & Rating Godfrey OYENIRAN 07/01/2021 07:52 USD 131.55 USD 130.00 Hold Rating Godfrey OYENIRAN 18/12/2020 07:20 USD 119.67 USD 130.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 13:05 USD 94.27 USD 115.00 Buy Target Price Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 194 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Jpmorgan Chase & Co. (US46625H1005) 16/07/2020 11:44 USD 99.73 USD 111.00 Buy Target Price Riadh Hendaoui 16/04/2020 10:44 USD 90.79 USD 113.00 Buy Target Price Riadh Hendaoui 07/04/2020 11:35 USD 89.46 USD 117.00 Buy - Riadh Hendaoui Julius Baer (CH0102484968) 22/07/2021 15:18 CHF 59.14 CHF 71.00 Buy Target Price Riadh Hendaoui 20/05/2021 14:21 CHF 58.58 CHF 66.00 Buy Target Price Riadh Hendaoui 15/05/2021 09:43 CHF 59.30 CHF 67.00 Buy Target Price Riadh Hendaoui 02/02/2021 22:58 CHF 52.88 CHF 63.00 Buy Target Price Riadh Hendaoui 15/01/2021 12:54 CHF 55.10 CHF 65.00 Buy Target Price Riadh Hendaoui 20/10/2020 20:06 CHF 44.06 CHF 55.00 Buy Target Price Riadh Hendaoui 10/07/2020 23:56 CHF 40.28 CHF 50.00 Buy Target Price Riadh Hendaoui 01/04/2020 22:57 CHF 33.03 CHF 48.00 Buy - Riadh Hendaoui (DE0006219934) 12/08/2021 12:37 EUR 46.02 EUR 44.00 Reduce Rating Torben BUMANN 07/05/2021 11:30 EUR 43.10 EUR 44.00 Hold Rating Torben BUMANN 23/04/2021 11:12 EUR 44.92 EUR 44.00 Reduce Target Price Torben BUMANN 22/04/2021 10:12 EUR 40.84 EUR 40.00 Reduce Target Price Torben BUMANN 28/01/2021 17:48 EUR 36.90 EUR 36.00 Reduce Target Price Torben BUMANN 23/10/2020 18:44 EUR 35.82 EUR 34.00 Reduce Target Price & Rating Torben BUMANN 22/10/2020 10:52 EUR 34.70 EUR 24.00 Sell Rating Torben BUMANN 27/07/2020 20:31 EUR 26.04 EUR 24.00 Reduce Target Price & Rating Bruno Villeroil 27/04/2020 16:57 EUR 15.03 EUR 12.00 Sell Rating Torben BUMANN 30/03/2020 13:37 EUR 12.77 EUR 12.00 Reduce - Gregoire Cayeux

Date of publication: 23 September 2021 Page 195 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Juniper Networks, Inc. (US48203R1041) 12/06/2021 10:08 USD 28.67 No Opinion Target Price & Rating Gregoire Cayeux 30/04/2021 08:26 USD 25.26 USD 20.00 Sell Target Price Alexis TAY 22/01/2021 09:52 USD 24.44 USD 18.00 Sell Rating Alexis TAY 02/11/2020 09:03 USD 20.48 USD 18.00 Reduce Target Price Alexis TAY 01/10/2020 12:12 USD 21.38 USD 20.00 Reduce Target Price Alexis TAY 30/07/2020 11:58 USD 24.99 USD 22.00 Reduce Rating Riadh Hendaoui 30/04/2020 20:24 USD 23.07 USD 22.00 Hold - Gregoire Cayeux Just Eat Takeaway (NL0012015705) 15/09/2021 12:23 EUR 77.53 EUR 71.00 Reduce - Gregoire Cayeux K+S (DE000KSAG888) 30/06/2021 11:36 EUR 11.06 EUR 22.00 Buy Target Price & Rating Torben BUMANN 28/06/2021 09:59 EUR 11.46 EUR 13.00 Hold Rating Torben BUMANN 02/12/2020 10:27 EUR 7.87 EUR 13.00 Buy Target Price Gregoire Cayeux 12/10/2020 15:46 EUR 7.06 EUR 10.00 Buy Target Price Bruno Villeroil 25/06/2020 14:22 EUR 5.80 EUR 9.00 Buy Target Price Torben BUMANN 03/04/2020 10:57 EUR 5.52 EUR 11.00 Buy - Torben BUMANN Kansai Electric Power Company (JP3228600007) 13/05/2020 11:18 JPY 1061.00 JPY 1000.00 Hold - Maggie Yeo Kasikornbank (TH0016010009) 14/07/2020 05:45 THB 91.50 Conflict of Interest Target Price & Rating Maggie Yeo 05/06/2020 05:30 THB 115.00 THB 84.00 Sell Target Price & Rating Maggie Yeo 22/04/2020 09:54 THB 97.00 THB 90.00 Hold - Maggie Yeo

Date of publication: 23 September 2021 Page 196 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Kawasaki Heavy Industries (JP3224200000) 12/05/2020 09:37 JPY 1680.00 JPY 1700.00 Hold - Maggie Yeo Kbc Group (BE0003565737) 25/05/2021 18:57 EUR 68.04 Conflict of Interest Target Price & Rating Gregoire Cayeux 21/04/2021 14:57 EUR 61.72 EUR 69.00 Hold Target Price & Rating Riadh Hendaoui 03/03/2021 21:38 EUR 58.72 EUR 67.00 Buy Target Price Riadh Hendaoui 20/01/2021 21:56 EUR 59.46 EUR 71.00 Buy Target Price Riadh Hendaoui 13/11/2020 15:28 EUR 53.64 EUR 68.00 Buy Target Price Riadh Hendaoui 08/07/2020 16:09 EUR 52.12 EUR 62.00 Buy Target Price Riadh Hendaoui 15/05/2020 18:36 EUR 40.80 EUR 59.00 Buy Target Price Riadh Hendaoui 18/04/2020 17:51 EUR 44.78 EUR 63.00 Buy Target Price Gregoire Cayeux 30/03/2020 18:48 EUR 44.50 EUR 65.00 Buy - Riadh Hendaoui Kellogg Company (US4878361082) 06/08/2021 09:49 USD 62.51 USD 63.00 Hold Target Price Gregoire Cayeux 07/05/2021 08:02 USD 67.53 USD 67.00 Hold Target Price Gregoire Cayeux 12/02/2021 07:59 USD 57.00 USD 60.00 Hold Target Price Gregoire Cayeux 11/11/2020 09:15 USD 64.19 USD 68.00 Hold Rating Gregoire Cayeux 31/10/2020 08:06 USD 62.89 USD 68.00 Buy Target Price Gregoire Cayeux 01/10/2020 08:25 USD 64.59 USD 73.00 Buy Target Price Timothy FUNG 10/08/2020 10:03 USD 69.52 USD 82.00 Buy Target Price Gregoire Cayeux 04/05/2020 14:32 USD 64.86 USD 78.00 Buy - Gregoire Cayeux Keppel Corp (SG1U68934629) 01/07/2021 08:37 SGD 5.43 SGD 6.15 Buy Target Price & Rating Maggie Yeo 05/04/2021 08:57 SGD 5.39 SGD 5.44 Hold Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 197 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Keppel Corp (SG1U68934629) 16/10/2020 09:28 SGD 4.54 SGD 4.56 Hold Target Price Maggie Yeo 10/09/2020 04:46 SGD 4.23 SGD 3.85 Hold Target Price Maggie Yeo 12/08/2020 08:07 SGD 4.80 SGD 4.85 Hold Target Price & Rating Maggie Yeo 25/03/2020 08:16 SGD 5.24 SGD 7.00 Buy - Maggie Yeo Keppel Dc Reit (SG1AF6000009) 17/08/2021 09:39 SGD 2.54 SGD 2.90 Buy Target Price Maggie Yeo 21/07/2021 11:13 SGD 2.60 SGD 3.00 Buy Target Price Maggie Yeo 21/05/2021 05:10 SGD 2.68 SGD 3.20 Buy Target Price Maggie Yeo 22/04/2021 05:31 SGD 2.69 SGD 3.25 Buy Target Price Maggie Yeo 06/08/2020 09:31 SGD 3.06 SGD 3.45 Buy Target Price & Rating Maggie Yeo 04/05/2020 09:18 SGD 2.35 SGD 2.60 Hold - Maggie Yeo Keppel Reit (SG1T22929874) 21/05/2021 05:30 SGD 1.19 SGD 1.25 Hold Target Price & Rating Maggie Yeo 18/02/2021 03:00 SGD 1.19 Conflict of Interest Target Price & Rating Maggie Yeo 26/01/2021 07:45 SGD 1.18 SGD 1.30 Hold Rating Maggie Yeo 08/06/2020 10:22 SGD 1.16 SGD 1.30 Buy Target Price Maggie Yeo 23/04/2020 12:47 SGD .99 SGD 1.35 Buy - Maggie Yeo Kering (FR0000121485) 17/06/2021 13:00 EUR 749.80 EUR 830.00 Buy Target Price Gregoire Cayeux 15/01/2021 22:14 EUR 569.60 EUR 640.00 Buy Target Price Gregoire Cayeux 27/10/2020 12:24 EUR 549.40 EUR 630.00 Buy Rating Gregoire Cayeux 25/09/2020 13:15 EUR 569.60 EUR 630.00 Hold Target Price & Rating Gregoire Cayeux 18/04/2020 14:55 EUR 503.40 EUR 560.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 198 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Kerry Group A (IE0004906560) 02/08/2021 13:58 EUR 125.00 EUR 145.00 Buy Target Price & Rating Gregoire Cayeux 15/02/2021 09:56 EUR 106.10 Conflict of Interest Target Price & Rating Gregoire Cayeux 12/01/2021 13:31 EUR 117.90 EUR 142.00 Buy Target Price Gregoire Cayeux 04/08/2020 14:36 EUR 108.60 EUR 129.00 Buy Target Price Gregoire Cayeux 20/05/2020 17:55 EUR 102.60 EUR 126.00 Buy Target Price Gregoire Cayeux 01/05/2020 18:40 EUR 104.70 EUR 120.00 Buy Target Price Gregoire Cayeux 08/04/2020 17:11 EUR 96.15 EUR 127.00 Buy - Gregoire Cayeux Kia Corporation (KR7000270009) 07/10/2020 10:11 KRW 46900.00 KRW 65000.00 Buy Target Price Tony Lau 01/06/2020 12:15 KRW 34250.00 KRW 38000.00 Buy - Tony Lau Kimberly-Clark Corporation (US4943681035) 27/07/2021 11:32 USD 135.10 USD 142.00 Hold Target Price Gregoire Cayeux 24/04/2021 15:09 USD 132.11 USD 145.00 Hold Target Price Gregoire Cayeux 26/01/2021 08:14 USD 136.51 USD 150.00 Hold Target Price & Rating Gregoire Cayeux 23/10/2020 09:17 USD 138.09 USD 156.00 Buy Target Price Gregoire Cayeux 01/10/2020 08:28 USD 146.96 USD 165.00 Buy Target Price & Rating Timothy FUNG 28/07/2020 13:08 USD 147.38 USD 120.00 Sell Target Price Bruno Villeroil 28/04/2020 09:52 USD 140.36 USD 119.00 Sell Target Price Gregoire Cayeux 23/04/2020 09:57 USD 142.80 USD 118.00 Sell - Gregoire Cayeux Kinepolis (BE0974274061) 17/09/2021 11:16 EUR 50.80 EUR 62.00 Buy Target Price & Rating Gregoire Cayeux 27/08/2021 12:46 EUR 46.40 EUR 46.00 Hold Target Price & Rating Gregoire Cayeux 29/04/2021 10:49 EUR 46.22 EUR 44.00 Reduce Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 199 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Kinepolis (BE0974274061) 25/02/2021 12:26 EUR 42.00 EUR 44.00 Hold Rating Gregoire Cayeux 21/01/2021 12:22 EUR 35.35 EUR 44.00 Buy Target Price & Rating Gregoire Cayeux 19/11/2020 11:17 EUR 35.90 EUR 39.00 Hold Rating Gregoire Cayeux 30/09/2020 11:23 EUR 29.85 EUR 39.00 Buy Target Price Gregoire Cayeux 20/08/2020 14:29 EUR 30.60 EUR 46.00 Buy Target Price & Rating Rudy De Groodt 15/04/2020 11:38 EUR 38.90 EUR 40.00 Hold - Patrick Casselman Kingdee International Software Group (KYG525681477) 13/07/2021 09:48 HKD 25.95 HKD 32.00 Buy Target Price Tony Lau 10/05/2021 08:48 HKD 24.70 HKD 29.60 Buy Target Price Tony Lau 06/10/2020 09:47 HKD 20.70 HKD 25.00 Buy - Tony Lau Kingfisher (GB0033195214) 16/07/2021 21:39 GBP 366.00 GBP 390.00 Hold Target Price Riadh Hendaoui 24/05/2021 19:42 GBP 357.90 GBP 380.00 Hold Target Price Gregoire Cayeux 24/03/2021 15:19 GBP 315.00 GBP 350.00 Hold Target Price & Rating Gregoire Cayeux 13/01/2021 08:47 GBP 284.60 GBP 340.00 Buy Target Price Gregoire Cayeux 07/12/2020 18:49 GBP 268.80 GBP 320.00 Buy Target Price & Rating Gregoire Cayeux 23/09/2020 12:23 GBP 290.90 GBP 325.00 Hold Target Price & Rating Gregoire Cayeux 04/09/2020 14:09 GBP 265.40 GBP 315.00 Buy Target Price & Rating Gregoire Cayeux 23/07/2020 17:56 GBP 258.00 GBP 255.00 Reduce Target Price Bruno Villeroil 07/07/2020 10:07 GBP 226.40 GBP 220.00 Reduce Rating Gregoire Cayeux 18/06/2020 18:28 GBP 215.90 GBP 220.00 Hold Target Price & Rating Gregoire Cayeux 04/04/2020 12:37 GBP 135.20 GBP 175.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 200 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Kingsoft Cloud (US49639K1016) 30/04/2021 13:14 USD 48.74 USD 70.00 Buy - Alexis TAY Kingsoft Corp (KYG5264Y1089) 13/07/2021 09:43 HKD 43.60 HKD 58.00 Buy Target Price Tony Lau 02/06/2021 05:20 HKD 52.35 HKD 70.00 Buy Target Price & Rating Tony Lau 11/01/2021 09:11 HKD 58.00 HKD 60.00 Hold Target Price & Rating Tony Lau 01/06/2020 11:20 HKD 24.15 HKD 32.00 Buy - Tony Lau Kingspan (IE0004927939) 24/08/2021 22:06 EUR 94.02 EUR 93.00 Reduce Target Price & Rating Riadh Hendaoui 19/07/2021 16:28 EUR 84.86 EUR 90.00 Hold Target Price Riadh Hendaoui 20/04/2021 16:15 EUR 76.78 EUR 80.00 Hold Target Price & Rating Bruno Villeroil 26/02/2021 19:10 EUR 59.00 EUR 72.00 Buy Target Price Bruno Villeroil 03/12/2020 15:39 EUR 67.80 EUR 90.00 Buy Target Price & Rating Gregoire Cayeux 25/08/2020 09:28 EUR 71.70 EUR 69.00 Reduce Target Price Mehdi Slimani 30/06/2020 21:12 EUR 57.75 EUR 57.00 Reduce Target Price & Rating Bruno Villeroil 26/03/2020 15:54 EUR 48.00 EUR 50.00 Hold - Bruno Villeroil Kinross Gold Corporation (CA4969024047) 14/05/2021 08:40 CAD 9.13 CAD 13.00 Buy Target Price Gregoire Cayeux 01/10/2020 13:56 CAD 12.24 CAD 16.00 Buy - Maggie Yeo Kion (DE000KGX8881) 30/07/2021 21:27 EUR 91.02 EUR 111.00 Buy Target Price Bruno Villeroil 24/06/2021 11:21 EUR 90.26 EUR 104.00 Buy Target Price Torben BUMANN 29/04/2021 13:50 EUR 84.68 EUR 100.00 Buy Rating Torben BUMANN 28/04/2021 15:45 EUR 86.98 EUR 100.00 Hold Rating Torben BUMANN

Date of publication: 23 September 2021 Page 201 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Kion (DE000KGX8881) 20/04/2021 16:52 EUR 82.86 EUR 100.00 Buy Target Price & Rating Torben BUMANN 26/03/2021 10:53 EUR 79.10 EUR 90.00 Hold Target Price & Rating Torben BUMANN 02/03/2021 17:13 EUR 72.16 EUR 83.00 Buy Target Price & Rating Torben BUMANN 19/11/2020 11:13 EUR 66.70 Conflict of Interest Target Price & Rating Gregoire Cayeux 30/10/2020 14:55 EUR 66.56 EUR 79.00 Buy Target Price & Rating Torben BUMANN 04/08/2020 16:56 EUR 67.20 EUR 75.00 Hold Target Price Bruno Villeroil 14/07/2020 17:36 EUR 62.52 EUR 68.00 Hold Rating Torben BUMANN 10/06/2020 10:21 EUR 54.58 EUR 68.00 Buy Target Price Torben BUMANN 30/03/2020 11:14 EUR 38.18 EUR 62.00 Buy - Gregoire Cayeux Kkr & Co. Inc. (US48251W1045) 05/08/2021 04:14 USD 64.80 USD 72.00 Buy Target Price Godfrey OYENIRAN 06/05/2021 08:25 USD 55.63 USD 64.00 Buy Target Price & Rating Godfrey OYENIRAN 23/09/2020 15:07 USD 34.10 Conflict of Interest - Gregoire Cayeux Kla Corporation (US4824801009) 13/09/2021 11:50 USD 347.83 USD 370.00 Buy Target Price Alexis TAY 04/05/2021 12:42 USD 315.35 USD 350.00 Buy Target Price Alexis TAY 05/02/2021 11:59 USD 294.23 USD 315.00 Buy Target Price Alexis TAY 01/10/2020 12:32 USD 183.30 USD 219.00 Buy - Alexis TAY Kloeckner & Co. (DE000KC01000) 12/08/2021 12:51 EUR 13.10 EUR 12.50 Reduce Target Price & Rating Torben BUMANN 11/08/2021 11:37 EUR 12.78 EUR 14.50 Hold Target Price & Rating Torben BUMANN 03/05/2021 17:02 EUR 11.29 EUR 14.00 Buy Target Price & Rating Torben BUMANN 29/04/2021 13:53 EUR 11.55 EUR 12.00 Hold Rating Torben BUMANN

Date of publication: 23 September 2021 Page 202 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Kloeckner & Co. (DE000KC01000) 22/03/2021 11:43 EUR 9.62 EUR 12.00 Buy Target Price & Rating Torben BUMANN 01/10/2020 16:56 EUR 5.46 EUR 4.00 Sell Target Price Torben BUMANN 18/08/2020 10:32 EUR 5.62 EUR 3.50 Sell Target Price Torben BUMANN 23/06/2020 15:43 EUR 4.10 EUR 3.00 Sell Target Price Torben BUMANN 04/05/2020 10:37 EUR 3.73 EUR 2.75 Sell Rating Torben BUMANN 06/04/2020 11:22 EUR 3.17 EUR 2.75 Reduce - Torben BUMANN Klépierre (FR0000121964) 27/07/2021 17:59 EUR 21.88 EUR 20.00 Reduce Rating Riadh Hendaoui 05/02/2021 18:50 EUR 18.32 EUR 20.00 Hold Target Price Gregoire Cayeux 31/10/2020 13:47 EUR 10.88 EUR 13.00 Hold Rating Gregoire Cayeux 05/08/2020 08:03 EUR 14.63 EUR 13.00 Reduce Target Price & Rating Gregoire Cayeux 11/06/2020 17:50 EUR 19.76 EUR 15.00 Sell Target Price & Rating Gregoire Cayeux 02/06/2020 13:34 EUR 18.07 EUR 25.00 Buy Target Price Gregoire Cayeux 29/04/2020 14:11 EUR 17.81 EUR 29.00 Buy - Gregoire Cayeux Kohl'S Corporation (US5002551043) 20/08/2021 09:02 USD 55.63 USD 50.00 Reduce Target Price & Rating Gregoire Cayeux 21/05/2021 08:45 USD 54.12 USD 44.00 Sell Target Price Gregoire Cayeux 03/03/2021 16:35 USD 57.36 USD 34.00 Sell Target Price Gregoire Cayeux 19/11/2020 11:58 USD 28.68 USD 14.00 Sell Target Price Riadh Hendaoui 01/10/2020 10:39 USD 20.82 USD 12.00 Sell Target Price & Rating Tony Lau 09/06/2020 11:29 USD 28.83 USD 38.50 Buy Target Price Gregoire Cayeux 24/03/2020 11:44 USD 13.09 USD 42.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 203 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Komatsu (JP3304200003) 29/06/2020 14:16 JPY 2150.00 JPY 2600.00 Buy Target Price & Rating Maggie Yeo 18/05/2020 10:43 JPY 2040.00 JPY 1900.00 Hold - Maggie Yeo Kone (FI0009013403) 12/08/2021 14:30 EUR 70.44 EUR 70.00 Hold Target Price Gregoire Cayeux 20/01/2021 01:25 EUR 65.00 EUR 71.00 Hold Target Price Bruno Villeroil 02/12/2020 14:18 EUR 68.76 EUR 74.00 Hold Target Price Gregoire Cayeux 14/10/2020 16:11 EUR 74.86 EUR 78.00 Hold Target Price Bruno Villeroil 22/07/2020 16:08 EUR 66.66 EUR 70.00 Hold Target Price Bruno Villeroil 15/07/2020 11:08 EUR 64.62 EUR 68.00 Hold Target Price Mehdi Slimani 23/04/2020 16:43 EUR 55.00 EUR 57.00 Hold Rating Bruno Villeroil 02/04/2020 16:42 EUR 51.44 EUR 57.00 Buy - Bruno Villeroil Konica Minolta (JP3300600008) 17/06/2021 04:44 JPY 642.00 JPY 895.00 Buy Target Price Maggie Yeo 04/02/2021 04:46 JPY 479.00 JPY 655.00 Buy Target Price Maggie Yeo 21/12/2020 10:05 JPY 374.00 JPY 550.00 Buy Target Price & Rating Maggie Yeo 29/05/2020 06:53 JPY 429.00 JPY 430.00 Hold Target Price Maggie Yeo 06/05/2020 09:30 JPY 398.00 JPY 410.00 Hold - Maggie Yeo Korea Aerospace Industries (KR7047810007) 24/03/2020 09:36 KRW 16350.00 KRW 25000.00 Buy - Tony Lau Korea Electric Power (KR7015760002) 11/05/2020 09:32 KRW 22350.00 KRW 15000.00 Reduce - Tony Lau Korea Shipbuilding & Offshore Engineering (KR7009540006) 15/05/2020 11:43 KRW 76700.00 KRW 114000.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 204 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Korian (FR0010386334) 01/09/2021 09:43 EUR 33.86 Conflict of Interest Target Price & Rating Gregoire Cayeux 29/06/2021 17:45 EUR 29.80 EUR 37.00 Buy Target Price Mehdi Slimani 12/11/2020 13:50 EUR 29.16 EUR 35.00 Buy Target Price & Rating Mehdi Slimani 08/10/2020 10:06 EUR 27.40 Conflict of Interest Target Price & Rating Gregoire Cayeux 25/04/2020 08:09 EUR 28.42 EUR 40.00 Buy - Gregoire Cayeux Kpn (NL0000009082) 28/07/2021 16:40 EUR 2.75 EUR 3.20 Buy Target Price Bruno Villeroil 09/06/2021 19:13 EUR 2.60 EUR 3.10 Buy Target Price & Rating Mehdi Slimani 19/03/2021 18:00 EUR 2.90 EUR 2.90 Hold Target Price & Rating Mehdi Slimani 29/01/2021 09:34 EUR 2.61 EUR 2.60 Reduce Target Price Mehdi Slimani 27/11/2020 23:19 EUR 2.53 EUR 2.50 Reduce Target Price Gregoire Cayeux 19/11/2020 18:41 EUR 2.62 EUR 2.60 Reduce Target Price Mehdi Slimani 28/07/2020 13:22 EUR 2.32 EUR 2.30 Reduce Rating Mehdi Slimani 30/03/2020 22:29 EUR 2.11 EUR 2.30 Hold - Mehdi Slimani (DE0006335003) 26/07/2021 16:46 EUR 85.00 EUR 69.00 Sell Rating Bruno Villeroil 16/07/2021 11:46 EUR 80.70 EUR 69.00 Reduce Target Price Torben BUMANN 01/03/2021 08:26 EUR 69.85 EUR 63.00 Reduce Rating Torben BUMANN 25/02/2021 17:12 EUR 76.15 EUR 63.00 Sell Rating Torben BUMANN 10/02/2021 11:53 EUR 72.75 EUR 63.00 Reduce Target Price & Rating Torben BUMANN 13/11/2020 13:29 EUR 55.95 EUR 47.00 Sell Target Price Torben BUMANN 22/10/2020 10:43 EUR 54.30 EUR 44.00 Sell Target Price Torben BUMANN 04/08/2020 17:24 EUR 56.40 EUR 35.00 Sell Target Price Bruno Villeroil 30/03/2020 11:54 EUR 47.90 EUR 40.00 Sell - Gregoire Cayeux

Date of publication: 23 September 2021 Page 205 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Krung Thai Bank (TH0150010Z03) 01/09/2021 11:53 THB 11.30 THB 9.70 Reduce Target Price & Rating Maggie Yeo 22/07/2021 05:42 THB 10.10 THB 11.00 Hold Target Price Maggie Yeo 22/01/2021 06:43 THB 12.50 THB 13.50 Hold Target Price Maggie Yeo 22/10/2020 08:19 THB 8.70 THB 8.50 Hold Rating Maggie Yeo 12/08/2020 08:00 THB 9.70 THB 8.50 Reduce Target Price Maggie Yeo 22/07/2020 08:18 THB 10.40 THB 8.60 Reduce Target Price & Rating Maggie Yeo 05/06/2020 05:19 THB 12.00 THB 9.00 Sell Rating Maggie Yeo 22/04/2020 09:29 THB 10.90 THB 9.00 Reduce - Maggie Yeo Kuaishou Technology (KYG532631028) 01/09/2021 08:59 HKD 84.50 HKD 110.00 Buy Target Price Alexis TAY 29/07/2021 08:52 HKD 108.90 HKD 140.00 Buy Target Price Alexis TAY 28/05/2021 07:37 HKD 204.80 HKD 300.00 Buy Target Price Alexis TAY 24/03/2021 11:09 HKD 301.20 HKD 400.00 Buy Target Price Alexis TAY 22/02/2021 03:06 HKD 388.00 HKD 465.00 Buy - Alexis TAY Kepong (MYL2445OO004) 19/02/2021 08:39 MYR 23.18 MYR 27.00 Buy Target Price & Rating Maggie Yeo 20/11/2020 07:06 MYR 23.56 MYR 25.00 Hold Target Price Maggie Yeo 02/06/2020 09:09 MYR 22.10 MYR 24.00 Hold Target Price & Rating Maggie Yeo 29/05/2020 06:54 MYR 22.00 MYR 25.00 Buy - Maggie Yeo Kubota (JP3266400005) 13/05/2020 11:22 JPY 1384.00 JPY 1500.00 Hold - Maggie Yeo Kunlun Energy (BMG5320C1082) 27/03/2020 09:38 HKD 4.39 HKD 5.00 Buy - Alexis TAY

Date of publication: 23 September 2021 Page 206 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Kurita Water Industries (JP3270000007) 06/07/2020 09:28 JPY 2910.00 JPY 3400.00 Buy Target Price & Rating Maggie Yeo 19/05/2020 08:22 JPY 2977.00 JPY 3300.00 Hold - Maggie Yeo Kwg Group Holdings (KYG532241042) 21/09/2021 11:03 HKD 6.12 HKD 8.00 Buy Target Price Maggie Yeo 28/07/2021 08:22 HKD 8.68 HKD 10.50 Buy Target Price Maggie Yeo 24/05/2021 09:34 HKD 11.36 HKD 14.00 Buy Target Price Maggie Yeo 31/08/2020 10:21 HKD 15.06 HKD 17.49 Buy - Maggie Yeo Kyocera (JP3249600002) 12/07/2021 08:14 JPY 6711.00 JPY 8500.00 Buy Target Price Maggie Yeo 05/04/2021 09:00 JPY 6979.00 JPY 8200.00 Buy Target Price & Rating Maggie Yeo 03/02/2021 01:40 JPY 6760.00 JPY 7100.00 Hold Target Price Maggie Yeo 28/09/2020 09:17 JPY 6089.00 JPY 6300.00 Hold Target Price Maggie Yeo 20/04/2020 04:58 JPY 6032.00 JPY 5600.00 Hold - Maggie Yeo Kyushu Epco (JP3246400000) 16/07/2020 05:47 JPY 934.00 JPY 1000.00 Hold Target Price & Rating Maggie Yeo 04/05/2020 09:50 JPY 860.00 JPY 970.00 Buy - Maggie Yeo L'Occitane International S.A. (LU0501835309) 30/06/2020 12:07 HKD 12.50 HKD 15.00 Buy Target Price Alexis TAY 03/04/2020 10:33 HKD 11.32 HKD 14.00 Buy - Alexis TAY L'Oréal (FR0000120321) 15/06/2021 19:06 EUR 384.55 EUR 444.00 Buy Target Price Gregoire Cayeux 08/05/2021 16:49 EUR 347.65 EUR 400.00 Buy Target Price & Rating Gregoire Cayeux 17/04/2021 10:05 EUR 336.55 EUR 338.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 207 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

L'Oréal (FR0000120321) 15/02/2021 14:55 EUR 318.30 EUR 333.00 Hold Target Price Gregoire Cayeux 14/01/2021 20:03 EUR 301.50 EUR 323.00 Hold Target Price Gregoire Cayeux 01/07/2020 09:10 EUR 285.70 EUR 290.00 Hold Target Price Gregoire Cayeux 17/04/2020 18:15 EUR 244.50 EUR 259.00 Hold - Gregoire Cayeux Lagardère (FR0000130213) 17/09/2021 18:05 EUR 23.28 EUR 24.10 Hold Target Price & Rating Mehdi Slimani 27/07/2021 17:46 EUR 20.68 EUR 20.00 Reduce Target Price & Rating Riadh Hendaoui 22/10/2020 15:08 EUR 22.36 EUR 16.00 Sell Target Price & Rating Mehdi Slimani 05/05/2020 18:28 EUR 15.20 EUR 18.00 Buy - Gregoire Cayeux Lam Research Corporation (US5128071082) 28/04/2021 10:15 USD 643.17 USD 650.00 Hold Target Price Alexis TAY 01/02/2021 08:24 USD 507.35 USD 520.00 Hold Target Price & Rating Alexis TAY 13/11/2020 11:14 USD 418.46 USD 370.00 Reduce Rating Alexis TAY 01/10/2020 12:13 USD 317.02 USD 370.00 Buy Target Price & Rating Alexis TAY 31/07/2020 13:30 USD 378.54 USD 360.00 Hold Target Price & Rating Riadh Hendaoui 17/04/2020 19:01 USD 270.71 USD 310.00 Buy - Gregoire Cayeux Lanxess (DE0005470405) 12/08/2021 12:57 EUR 60.46 EUR 64.00 Hold Target Price Torben BUMANN 16/03/2021 16:10 EUR 61.88 EUR 63.00 Hold Rating Bruno Villeroil 17/02/2021 18:37 EUR 64.42 EUR 63.00 Reduce Target Price Bruno Villeroil 29/01/2021 01:20 EUR 61.82 EUR 58.00 Reduce Target Price & Rating Bruno Villeroil 07/11/2020 01:43 EUR 45.66 EUR 47.00 Hold Target Price Bruno Villeroil 14/08/2020 14:22 EUR 47.50 EUR 49.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 208 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Lanxess (DE0005470405) 15/07/2020 21:56 EUR 49.11 EUR 50.00 Hold Target Price & Rating Riadh Hendaoui 08/05/2020 20:19 EUR 45.65 EUR 43.00 Reduce Target Price & Rating Bruno Villeroil 04/04/2020 09:22 EUR 36.29 EUR 42.00 Buy - Gregoire Cayeux Largan Precision (TW0003008009) 06/11/2020 07:44 TWD 3200.00 TWD 3640.00 Buy Target Price Tony Lau 07/10/2020 04:32 TWD 3295.00 TWD 3750.00 Buy Target Price Tony Lau 14/05/2020 10:27 TWD 4195.00 TWD 4755.00 Buy - Tony Lau Las Vegas Sands Corp. (US5178341070) 15/09/2021 11:52 USD 38.71 USD 35.00 Reduce Target Price & Rating Riadh Hendaoui 27/07/2021 10:27 USD 45.35 USD 52.00 Buy Target Price Gregoire Cayeux 23/04/2021 11:08 USD 58.33 USD 68.00 Buy Target Price Gregoire Cayeux 05/03/2021 17:41 USD 62.35 USD 74.00 Buy Target Price & Rating Gregoire Cayeux 01/02/2021 08:36 USD 49.08 USD 52.00 Hold Target Price Gregoire Cayeux 13/01/2021 12:00 USD 56.62 USD 54.00 Hold Rating Gregoire Cayeux 23/10/2020 11:08 USD 49.81 USD 54.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:42 USD 46.66 USD 48.00 Buy Target Price Tony Lau 28/07/2020 16:14 USD 43.48 USD 60.00 Buy Target Price Bruno Villeroil 14/05/2020 17:43 USD 44.42 USD 62.00 Buy Target Price Gregoire Cayeux 04/04/2020 16:20 USD 37.92 USD 65.00 Buy - Gregoire Cayeux Leasinvest (BE0003770840) 13/05/2021 11:40 EUR 79.90 No Opinion Target Price & Rating Gregoire Cayeux 16/02/2021 11:24 EUR 76.20 EUR 79.00 Hold Target Price Gregoire Cayeux 09/11/2020 13:51 EUR 66.20 EUR 80.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 209 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Leasinvest (BE0003770840) 19/05/2020 21:20 EUR 86.00 EUR 91.00 Hold - Patrick Casselman Lee & Man Paper (KYG5427W1309) 28/04/2021 04:50 HKD 7.04 HKD 8.00 Buy Target Price Tony Lau 05/06/2020 05:33 HKD 4.17 HKD 7.00 Buy - Tony Lau Leg Immobilien (DE000LEG1110) 05/08/2021 11:40 EUR 134.25 EUR 142.00 Hold Rating Torben BUMANN 13/01/2021 14:59 EUR 119.20 EUR 142.00 Buy Target Price & Rating Torben BUMANN 06/08/2020 10:56 EUR 122.94 EUR 130.00 Hold Target Price Gregoire Cayeux 11/05/2020 11:19 EUR 108.70 EUR 122.00 Hold Rating Torben BUMANN 04/05/2020 14:21 EUR 105.50 EUR 122.00 Buy - Torben BUMANN Legrand (FR0010307819) 22/09/2021 17:59 EUR 94.02 EUR 135.00 Buy Target Price & Rating Bruno Villeroil 05/08/2021 16:37 EUR 95.78 EUR 100.00 Hold Target Price Gregoire Cayeux 14/07/2021 20:50 EUR 93.20 EUR 95.00 Hold Target Price Riadh Hendaoui 08/05/2021 22:28 EUR 85.58 EUR 90.00 Hold Target Price Gregoire Cayeux 13/04/2021 20:49 EUR 82.48 EUR 82.00 Hold Target Price Bruno Villeroil 23/02/2021 15:24 EUR 73.12 EUR 75.00 Hold Rating Bruno Villeroil 19/01/2021 16:27 EUR 79.80 EUR 75.00 Reduce Target Price & Rating Bruno Villeroil 01/12/2020 20:04 EUR 70.98 EUR 72.00 Hold Target Price & Rating Gregoire Cayeux 06/11/2020 16:00 EUR 67.18 EUR 75.00 Buy Target Price & Rating Bruno Villeroil 04/08/2020 18:53 EUR 66.62 EUR 73.00 Hold Target Price Bruno Villeroil 15/07/2020 15:06 EUR 68.72 EUR 75.00 Hold Target Price & Rating Riadh Hendaoui 11/05/2020 15:53 EUR 59.90 EUR 69.00 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 210 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Legrand (FR0010307819) 01/04/2020 01:36 EUR 57.58 EUR 71.00 Buy - Bruno Villeroil Lennar Corporation (US5260571048) 22/09/2021 11:49 USD 97.77 USD 120.00 Buy Target Price Gregoire Cayeux 01/09/2021 09:16 USD 107.31 USD 130.00 Buy Target Price Gregoire Cayeux 16/06/2021 14:04 USD 92.55 USD 115.00 Buy Target Price & Rating Riadh Hendaoui 21/03/2021 19:00 USD 95.12 USD 101.00 Hold Target Price & Rating Gregoire Cayeux 18/12/2020 17:33 USD 79.95 USD 87.00 Buy Target Price & Rating Riadh Hendaoui 01/10/2020 11:00 USD 81.68 USD 85.00 Hold - Timothy FUNG Lenovo Group (HK0992009065) 02/06/2021 12:07 HKD 9.45 HKD 11.50 Buy Target Price & Rating Tony Lau 11/01/2021 08:41 HKD 7.91 HKD 8.20 Hold Target Price & Rating Tony Lau 16/10/2020 05:07 HKD 5.26 HKD 6.50 Buy Target Price Tony Lau 21/05/2020 10:12 HKD 4.35 HKD 7.50 Buy - Tony Lau Leonardo (IT0003856405) 30/07/2021 19:44 EUR 6.56 EUR 7.60 Buy Rating Bruno Villeroil 12/03/2021 16:05 EUR 7.44 EUR 7.60 Hold Target Price Bruno Villeroil 10/02/2021 16:37 EUR 6.16 EUR 6.40 Hold Target Price & Rating Bruno Villeroil 28/01/2021 15:54 EUR 5.68 EUR 7.50 Buy Target Price Bruno Villeroil 24/11/2020 17:34 EUR 5.90 EUR 10.30 Buy Target Price Bruno Villeroil 16/11/2020 17:27 EUR 5.26 EUR 10.40 Buy Target Price Bruno Villeroil 21/07/2020 17:51 EUR 6.45 EUR 10.60 Buy - Bruno Villeroil Leoni (DE0005408884) 12/08/2021 12:19 EUR 14.97 EUR 8.60 Sell Target Price Torben BUMANN

Date of publication: 23 September 2021 Page 211 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Leoni (DE0005408884) 28/06/2021 10:42 EUR 15.43 EUR 6.70 Sell Target Price Torben BUMANN 17/05/2021 10:00 EUR 11.24 EUR 6.50 Sell Target Price Torben BUMANN 18/03/2021 10:53 EUR 12.58 EUR 6.00 Sell Target Price Torben BUMANN 09/12/2020 11:39 EUR 6.28 EUR 4.40 Sell Target Price & Rating Torben BUMANN 12/11/2020 17:20 EUR 6.11 EUR 5.30 Reduce Target Price & Rating Torben BUMANN 11/11/2020 10:44 EUR 6.19 EUR 4.80 Sell Rating Torben BUMANN 12/10/2020 17:16 EUR 5.10 EUR 4.80 Reduce Rating Bruno Villeroil 13/08/2020 13:03 EUR 6.82 EUR 4.80 Sell Target Price Torben BUMANN 17/06/2020 13:31 EUR 7.61 EUR 3.80 Sell Target Price Torben BUMANN 14/05/2020 13:12 EUR 6.08 EUR 5.00 Sell Target Price Torben BUMANN 26/03/2020 11:58 EUR 7.19 EUR 5.20 Sell - Torben BUMANN Lg Corp (KR7003550001) 21/05/2021 12:53 KRW 126500.00 KRW 160000.00 Buy Target Price Tony Lau 21/05/2020 10:03 KRW 63500.00 KRW 90000.00 Buy - Tony Lau Lg Display (KR7034220004) 05/11/2020 08:47 KRW 14700.00 KRW 9500.00 Sell Target Price Tony Lau 08/10/2020 11:12 KRW 15250.00 KRW 8500.00 Sell - Tony Lau Lg Electronics (KR7066570003) 11/05/2021 03:58 KRW 153000.00 No Opinion Target Price & Rating Tony Lau 15/05/2020 11:14 KRW 54200.00 KRW 48000.00 Reduce - Tony Lau Lg Household & Health Care (KR7051900009) 02/04/2020 08:55 KRW 1071000.00 KRW 1130000.00 Hold - Tony Lau

Date of publication: 23 September 2021 Page 212 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Li Auto Inc (US50202M1027) 01/04/2021 06:31 USD 22.60 USD 35.00 Buy - Tony Lau Li Ning (KYG5496K1242) 16/07/2021 11:31 HKD 94.60 HKD 108.00 Buy Target Price & Rating Tony Lau 13/04/2021 11:49 HKD 56.40 HKD 60.00 Hold Target Price Tony Lau 17/12/2020 10:01 HKD 47.70 HKD 53.00 Hold Target Price & Rating Tony Lau 18/09/2020 11:30 HKD 34.75 HKD 41.00 Buy Target Price Tony Lau 15/05/2020 12:04 HKD 25.85 HKD 28.10 Buy Target Price Tony Lau 31/03/2020 09:59 HKD 22.35 HKD 27.10 Buy - Tony Lau Linde Plc (Eur) (IE00BZ12WP82) 02/08/2021 16:44 EUR 258.15 EUR 287.00 Buy Target Price Bruno Villeroil 09/05/2021 11:04 EUR 245.50 EUR 271.00 Buy Target Price Gregoire Cayeux 08/02/2021 19:37 EUR 212.90 EUR 246.00 Buy Target Price & Rating Bruno Villeroil 09/11/2020 16:07 EUR 210.60 EUR 227.00 Hold Target Price Bruno Villeroil 04/08/2020 20:47 EUR 210.20 EUR 219.00 Hold Target Price Bruno Villeroil 15/07/2020 19:48 EUR 202.30 EUR 212.00 Hold Target Price & Rating Riadh Hendaoui 11/05/2020 18:49 EUR 172.55 EUR 193.00 Buy Target Price Bruno Villeroil 06/04/2020 19:46 EUR 152.10 EUR 191.00 Buy - Bruno Villeroil Lindt & Sprüngli (CH0010570759) 28/07/2021 13:25 CHF 105500.00 CHF 100000.00 Reduce Target Price & Rating Gregoire Cayeux 27/07/2021 19:05 CHF 101500.00 CHF 85000.00 Sell Rating Gregoire Cayeux 26/03/2021 10:58 CHF 87700.00 CHF 85000.00 Reduce Rating Torben BUMANN 02/03/2021 17:30 CHF 81600.00 CHF 85000.00 Hold Rating Torben BUMANN 19/01/2021 12:58 CHF 87800.00 CHF 85000.00 Reduce Target Price & Rating Torben BUMANN

Date of publication: 23 September 2021 Page 213 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Lindt & Sprüngli (CH0010570759) 22/07/2020 14:17 CHF 79100.00 CHF 65000.00 Sell Target Price Torben BUMANN 04/06/2020 11:22 CHF 85600.00 CHF 70000.00 Sell Target Price & Rating Torben BUMANN 01/04/2020 15:49 CHF 84400.00 CHF 75000.00 Reduce Target Price & Rating Torben BUMANN 31/03/2020 10:51 CHF 81800.00 CHF 88000.00 Hold - Gregoire Cayeux Link Reit (HK0823032773) 12/07/2021 05:48 HKD 74.75 HKD 85.00 Buy Target Price Maggie Yeo 18/03/2021 08:59 HKD 71.30 HKD 80.00 Buy Target Price Maggie Yeo 11/11/2020 03:34 HKD 63.00 HKD 71.20 Buy Target Price Maggie Yeo 29/07/2020 08:30 HKD 58.55 HKD 70.58 Buy Rating Maggie Yeo 05/06/2020 12:27 HKD 65.10 HKD 70.58 Hold Target Price Alexis TAY 20/05/2020 11:46 HKD 69.10 HKD 73.31 Hold - Alexis TAY Lloyds Banking Group (GB0008706128) 13/08/2021 09:50 GBP 46.56 GBP 54.00 Hold Target Price & Rating Gregoire Cayeux 12/05/2021 20:31 GBP 46.68 GBP 56.00 Buy Target Price Riadh Hendaoui 22/04/2021 15:12 GBP 41.62 GBP 47.00 Buy Target Price Riadh Hendaoui 04/03/2021 00:25 GBP 38.88 GBP 44.00 Buy Target Price & Rating Riadh Hendaoui 04/12/2020 12:37 GBP 39.20 GBP 42.00 Hold Target Price & Rating Gregoire Cayeux 11/11/2020 21:15 GBP 32.13 GBP 37.00 Buy Target Price Riadh Hendaoui 04/08/2020 13:40 GBP 27.87 GBP 35.00 Buy Target Price Riadh Hendaoui 22/05/2020 16:34 GBP 28.39 GBP 40.00 Buy - Riadh Hendaoui Logan Group Company Limited (KYG555551095) 21/09/2021 11:04 HKD 7.25 HKD 7.00 Hold Target Price & Rating Maggie Yeo 28/07/2021 08:17 HKD 8.68 HKD 10.70 Buy Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 214 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Logan Group Company Limited (KYG555551095) 12/03/2021 09:11 HKD 11.54 HKD 17.00 Buy - Maggie Yeo Logitech (CH0025751329) 29/07/2021 22:19 CHF 98.76 CHF 120.00 Buy Rating Riadh Hendaoui 02/06/2021 08:19 CHF 113.15 CHF 120.00 Hold Rating Torben BUMANN 03/05/2021 17:10 CHF 102.40 CHF 120.00 Buy Target Price Torben BUMANN 29/04/2021 12:26 CHF 102.90 CHF 115.00 Buy Target Price Torben BUMANN 21/01/2021 10:45 CHF 88.68 CHF 105.00 Buy Target Price & Rating Torben BUMANN 13/01/2021 14:44 CHF 91.10 CHF 100.00 Hold Target Price & Rating Torben BUMANN 05/11/2020 10:36 CHF 81.06 CHF 90.00 Buy Target Price & Rating Torben BUMANN 21/10/2020 17:57 CHF 85.00 CHF 75.00 Reduce Rating Torben BUMANN 14/10/2020 11:56 CHF 73.96 CHF 75.00 Hold Target Price & Rating Riadh Hendaoui 21/07/2020 11:20 CHF 66.20 CHF 62.00 Reduce Rating Torben BUMANN 15/07/2020 17:43 CHF 61.42 CHF 62.00 Hold Target Price & Rating Torben BUMANN 12/05/2020 16:52 CHF 48.94 CHF 45.50 Reduce Rating Torben BUMANN 23/03/2020 11:37 CHF 42.81 CHF 45.50 Hold - Torben BUMANN Longfor Group Holdings (KYG5635P1090) 21/09/2021 10:57 HKD 32.55 HKD 40.00 Buy Target Price Maggie Yeo 28/07/2021 07:52 HKD 39.70 HKD 47.00 Buy Target Price Maggie Yeo 24/05/2021 09:39 HKD 46.05 HKD 53.00 Buy Target Price Maggie Yeo 31/08/2020 10:40 HKD 40.90 HKD 49.05 Buy Target Price Maggie Yeo 09/04/2020 05:10 HKD 38.00 HKD 44.70 Buy - Alexis TAY Lonza (CH0013841017) 19/07/2021 22:41 CHF 658.40 CHF 629.00 Reduce Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 215 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Lonza (CH0013841017) 17/07/2020 15:04 CHF 564.20 CHF 538.00 Reduce Target Price & Rating Torben BUMANN 14/07/2020 17:38 CHF 542.40 CHF 389.00 Sell Rating Torben BUMANN 18/04/2020 12:53 CHF 407.70 CHF 389.00 Reduce Rating Gregoire Cayeux 25/03/2020 10:46 CHF 356.20 CHF 389.00 Hold - Torben BUMANN Lotte Chemical (KR7011170008) 14/05/2020 10:59 KRW 187500.00 KRW 310000.00 Buy - Tony Lau Lotus Bakeries (BE0003604155) 17/08/2021 10:22 EUR 5020.00 EUR 5100.00 Hold Target Price Gregoire Cayeux 10/08/2021 15:13 EUR 5040.00 EUR 5000.00 Hold Target Price Gregoire Cayeux 08/04/2020 12:23 EUR 2880.00 EUR 3100.00 Hold - Rudy De Groodt Lowe'S Companies, Inc. (US5486611073) 20/05/2021 09:25 USD 190.72 USD 220.00 Buy Target Price Gregoire Cayeux 25/02/2021 07:50 USD 162.31 USD 180.00 Buy Target Price Gregoire Cayeux 19/11/2020 19:09 USD 146.74 USD 168.00 Buy Target Price Riadh Hendaoui 01/10/2020 10:48 USD 161.55 USD 175.00 Buy Target Price & Rating Tony Lau 20/08/2020 09:13 USD 158.28 USD 133.00 Sell Target Price & Rating Gregoire Cayeux 27/05/2020 10:09 USD 123.59 USD 111.00 Reduce Target Price Gregoire Cayeux 21/05/2020 09:45 USD 116.99 USD 102.00 Reduce - Gregoire Cayeux Luckin Coffee Inc (US54951L1098) 03/04/2020 06:32 USD 26.20 No Opinion - Alexis TAY Lufthansa (DE0008232125) 20/09/2021 09:48 EUR 8.66 Conflict of Interest Target Price & Rating Gregoire Cayeux 16/04/2021 18:03 EUR 10.67 EUR 9.00 Sell Target Price & Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 216 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Lufthansa (DE0008232125) 10/11/2020 18:36 EUR 9.55 Conflict of Interest Target Price & Rating Gregoire Cayeux 16/07/2020 16:13 EUR 9.32 EUR 5.00 Sell Target Price Mehdi Slimani 03/06/2020 19:42 EUR 9.45 EUR 8.00 Sell Rating Bruno Villeroil 18/04/2020 16:39 EUR 8.34 EUR 8.00 Reduce - Gregoire Cayeux Luk Fook (BMG5695X1258) 16/02/2021 09:07 HKD 17.88 HKD 21.50 Buy Target Price Tony Lau 07/10/2020 10:35 HKD 18.70 HKD 29.00 Buy Target Price Tony Lau 30/06/2020 11:56 HKD 15.78 HKD 20.40 Buy Target Price Alexis TAY 24/03/2020 05:13 HKD 14.60 HKD 19.80 Buy - Alexis TAY Lululemon Athletica Inc. (US5500211090) 11/09/2021 19:15 USD 425.58 USD 450.00 Buy Target Price Riadh Hendaoui 02/04/2021 03:03 USD 317.09 USD 380.00 Buy Target Price Riadh Hendaoui 01/10/2020 10:49 USD 313.60 USD 400.00 Buy - Timothy FUNG Lumentum Holdings Inc. (US55024U1097) 17/05/2021 11:05 USD 68.24 USD 100.00 Buy Target Price Alexis TAY 22/01/2021 09:55 USD 96.01 USD 110.00 Buy Target Price Alexis TAY 01/10/2020 12:39 USD 75.13 USD 105.00 Buy - Alexis TAY Luxshare (A-Share) (CNE100000TP3) 21/05/2021 09:18 CNY 35.75 CNY 50.00 Buy Target Price Tony Lau 28/04/2021 09:29 CNY 36.33 CNY 58.54 Buy Target Price & Rating Tony Lau 16/10/2020 04:36 CNY 59.75 CNY 65.00 Hold Target Price & Rating Tony Lau 10/07/2020 09:09 CNY 56.29 CNY 63.00 Buy Target Price Tony Lau 24/03/2020 04:34 CNY 38.22 CNY 48.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 217 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Lvmh (FR0000121014) 16/06/2021 14:07 EUR 677.80 EUR 800.00 Buy Target Price Gregoire Cayeux 15/01/2021 21:50 EUR 508.00 EUR 580.00 Buy Target Price & Rating Gregoire Cayeux 15/09/2020 13:09 EUR 420.25 EUR 460.00 Hold Target Price Gregoire Cayeux 04/08/2020 15:39 EUR 372.30 EUR 405.00 Hold Rating Gregoire Cayeux 18/04/2020 16:04 EUR 358.00 EUR 405.00 Buy - Gregoire Cayeux Lyft, Inc. (US55087P1049) 11/02/2021 19:01 USD 56.21 USD 75.00 Buy Target Price Bruno Villeroil 12/11/2020 17:07 USD 36.41 USD 40.00 Buy Target Price Bruno Villeroil 01/10/2020 13:37 USD 26.97 USD 32.00 Buy Target Price Maggie Yeo 14/08/2020 09:33 USD 28.88 USD 50.00 Buy Target Price & Rating Gregoire Cayeux 12/05/2020 19:09 USD 29.53 Conflict of Interest Target Price & Rating Gregoire Cayeux 24/03/2020 17:23 USD 22.61 USD 50.00 Buy - Bruno Villeroil Macy'S, Inc. (US55616P1049) 20/08/2021 07:56 USD 21.61 USD 18.00 Sell Target Price Gregoire Cayeux 19/05/2021 09:28 USD 19.09 USD 15.00 Sell Target Price Gregoire Cayeux 24/02/2021 08:19 USD 15.88 USD 7.00 Sell Target Price Gregoire Cayeux 01/10/2020 10:51 USD 6.27 USD 3.00 Sell Target Price & Rating Tony Lau 07/07/2020 13:59 USD 6.61 USD 16.30 Buy Target Price Gregoire Cayeux 24/03/2020 12:12 USD 4.81 USD 17.60 Buy - Gregoire Cayeux Makita (JP3862400003) 03/07/2020 03:46 JPY 3930.00 JPY 4200.00 Hold Target Price Maggie Yeo 14/04/2020 08:26 JPY 3310.00 JPY 3400.00 Hold - Maggie Yeo

Date of publication: 23 September 2021 Page 218 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Malaysia Airports (MYL5014OO005) 18/06/2020 05:31 MYR 5.95 MYR 7.35 Buy Target Price Maggie Yeo 03/04/2020 08:10 MYR 4.30 MYR 7.50 Buy - Maggie Yeo Manila Electric Company (PHY5764J1483) 27/10/2020 06:50 PHP 298.00 PHP 310.00 Hold Rating Maggie Yeo 28/04/2020 08:19 PHP 252.00 PHP 310.00 Buy - Maggie Yeo Manpowergroup Inc (US56418H1005) 23/04/2020 10:15 USD 66.88 USD 80.00 Buy Target Price Gregoire Cayeux 18/04/2020 09:28 USD 63.74 USD 85.00 Buy - Gregoire Cayeux Manulife Financial Corporation (CA56501R1064) 06/05/2021 12:02 HKD 167.90 HKD 200.00 Buy Target Price Tony Lau 24/04/2020 04:45 HKD 99.50 HKD 135.00 Buy - Tony Lau Mapfre (ES0124244E34) 18/02/2021 11:16 EUR 1.54 No Opinion Target Price & Rating Gregoire Cayeux 20/04/2020 19:27 EUR 1.72 EUR 2.00 Hold - Gregoire Cayeux Mapletree Commercial Trust (SG2D18969584) 10/06/2021 11:50 SGD 2.13 SGD 1.95 Hold Target Price & Rating Maggie Yeo 19/05/2021 11:24 SGD 2.07 SGD 1.65 Reduce Target Price Maggie Yeo 28/04/2021 05:15 SGD 2.14 SGD 1.90 Reduce Target Price & Rating Maggie Yeo 06/08/2020 09:09 SGD 1.90 SGD 1.95 Hold Target Price Maggie Yeo 08/06/2020 10:20 SGD 2.12 SGD 2.05 Hold Target Price & Rating Maggie Yeo 06/04/2020 08:23 SGD 1.50 SGD 2.15 Buy Target Price Maggie Yeo 24/03/2020 07:39 SGD 1.62 SGD 2.25 Buy - Maggie Yeo

Date of publication: 23 September 2021 Page 219 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Mapletree Industrial Trust (SG2C32962814) 31/05/2021 09:10 SGD 2.84 SGD 3.30 Buy Target Price & Rating Maggie Yeo 17/03/2021 08:56 SGD 2.64 SGD 2.70 Hold Target Price Maggie Yeo 02/02/2021 03:14 SGD 2.87 SGD 2.95 Hold Target Price Maggie Yeo 06/08/2020 08:40 SGD 3.21 SGD 3.35 Hold Target Price Maggie Yeo 20/07/2020 09:45 SGD 2.94 SGD 2.65 Hold Target Price & Rating Maggie Yeo 08/06/2020 09:34 SGD 2.75 SGD 2.45 Reduce Target Price & Rating Maggie Yeo 08/05/2020 03:56 SGD 2.51 SGD 1.90 Sell Target Price & Rating Maggie Yeo 28/04/2020 08:18 SGD 2.44 SGD 2.00 Reduce Rating Maggie Yeo 24/03/2020 03:50 SGD 2.10 SGD 2.00 Hold - Maggie Yeo Mapletree Logistics Trust (SG1S03926213) 17/08/2021 10:11 SGD 2.09 SGD 2.20 Hold Target Price & Rating Maggie Yeo 21/07/2021 11:08 SGD 2.10 SGD 2.36 Buy Target Price Maggie Yeo 21/05/2021 05:28 SGD 1.97 SGD 2.22 Buy Target Price & Rating Maggie Yeo 23/04/2021 09:16 SGD 1.96 SGD 2.05 Hold Target Price Maggie Yeo 26/01/2021 07:43 SGD 2.02 SGD 2.15 Hold Target Price & Rating Maggie Yeo 11/08/2020 09:16 SGD 2.11 SGD 2.40 Buy Rating Maggie Yeo 06/08/2020 09:14 SGD 2.15 SGD 2.40 Hold Target Price Maggie Yeo 02/07/2020 07:52 SGD 1.97 SGD 2.10 Hold - Maggie Yeo Marathon Petroleum Corporation (US56585A1025) 06/08/2021 02:31 USD 54.38 USD 60.00 Buy Target Price & Rating Godfrey OYENIRAN 15/06/2021 09:50 USD 62.99 USD 59.00 Reduce Rating Godfrey OYENIRAN 06/05/2021 08:17 USD 57.30 USD 59.00 Hold Target Price & Rating Godfrey OYENIRAN 08/03/2021 11:21 USD 57.32 USD 46.00 Sell Rating Godfrey OYENIRAN 03/02/2021 10:42 USD 45.15 USD 46.00 Hold Target Price Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 220 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Marathon Petroleum Corporation (US56585A1025) 18/01/2021 09:11 USD 43.98 USD 45.00 Hold Rating Godfrey OYENIRAN 24/12/2020 01:33 USD 39.67 USD 45.00 Buy Target Price & Rating Godfrey OYENIRAN 11/11/2020 07:52 USD 37.64 USD 27.00 Sell Rating Godfrey OYENIRAN 10/11/2020 10:44 USD 36.47 USD 27.00 Reduce Target Price & Rating Godfrey OYENIRAN 01/10/2020 09:49 USD 29.34 USD 30.00 Hold - Maggie Yeo Marks & Spencer (GB0031274896) 09/09/2021 19:51 GBP 186.00 GBP 215.00 Buy Target Price & Rating Gregoire Cayeux 27/05/2021 13:23 GBP 169.20 GBP 190.00 Hold Target Price & Rating Gregoire Cayeux 20/05/2021 14:02 GBP 154.10 GBP 185.00 Buy Target Price Gregoire Cayeux 19/03/2021 22:03 GBP 155.65 GBP 180.00 Buy Target Price Gregoire Cayeux 12/02/2021 14:14 GBP 129.45 GBP 165.00 Buy Target Price & Rating Gregoire Cayeux 05/01/2021 08:32 GBP 131.40 GBP 140.00 Hold Target Price Gregoire Cayeux 22/05/2020 14:00 GBP 98.24 GBP 110.00 Hold Target Price Gregoire Cayeux 07/05/2020 16:35 GBP 89.08 GBP 100.00 Hold Target Price & Rating Gregoire Cayeux 02/04/2020 23:29 GBP 100.00 GBP 125.00 Buy - Gregoire Cayeux Marriott International, Inc. (US5719032022) 13/05/2021 10:18 USD 135.94 USD 160.00 Buy Target Price & Rating Gregoire Cayeux 24/03/2021 14:09 USD 142.42 USD 145.00 Hold Rating Riadh Hendaoui 19/02/2021 11:40 USD 131.98 USD 145.00 Buy Target Price Riadh Hendaoui 10/02/2021 08:23 USD 127.05 USD 142.00 Buy Target Price Gregoire Cayeux 07/11/2020 17:44 USD 103.89 USD 110.00 Buy Target Price Riadh Hendaoui 01/10/2020 10:54 USD 92.58 USD 100.00 Buy Target Price Tony Lau 14/05/2020 10:22 USD 75.26 USD 115.00 Buy Target Price Gregoire Cayeux 01/04/2020 11:32 USD 74.81 USD 120.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 221 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Marsh & Mclennan Companies, Inc. (US5717481023) 14/07/2021 04:45 USD 141.83 USD 150.00 Hold Rating Godfrey OYENIRAN 29/04/2021 08:09 USD 132.21 USD 150.00 Buy Target Price Godfrey OYENIRAN 29/01/2021 11:03 USD 108.83 USD 125.00 Buy Target Price & Rating Godfrey OYENIRAN 24/11/2020 08:06 USD 113.28 USD 120.00 Hold Rating Godfrey OYENIRAN 06/11/2020 11:12 USD 108.40 USD 120.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 11:40 USD 116.27 USD 132.00 Buy - Timothy FUNG Martin Marietta Materials, Inc. (US5732841060) 06/05/2021 12:26 USD 374.43 USD 409.00 Buy Target Price Gregoire Cayeux 11/02/2021 12:51 USD 316.00 USD 340.00 Buy Target Price Bruno Villeroil 30/10/2020 20:58 USD 263.60 USD 296.00 Buy Target Price Bruno Villeroil 01/10/2020 13:53 USD 221.47 USD 243.00 Buy - Maggie Yeo Marvell Technology, Inc. (US5738741041) 31/08/2021 19:14 USD 61.96 USD 70.00 Buy - Gregoire Cayeux Mastercard Incorporated (US57636Q1040) 03/05/2021 03:57 USD 388.95 USD 410.00 Buy Target Price Alexis TAY 22/03/2021 10:37 USD 356.51 USD 395.00 Buy Target Price Alexis TAY 01/02/2021 08:25 USD 324.28 USD 360.00 Buy Target Price Alexis TAY 30/10/2020 07:59 USD 291.38 USD 330.00 Buy Target Price Alexis TAY 01/10/2020 12:13 USD 335.31 USD 350.00 Buy Target Price & Rating Alexis TAY 31/07/2020 10:57 USD 309.00 USD 272.00 Reduce Rating Riadh Hendaoui 30/04/2020 12:55 USD 283.69 USD 272.00 Hold Rating Riadh Hendaoui 28/03/2020 13:51 USD 247.65 USD 272.00 Buy - Riadh Hendaoui

Date of publication: 23 September 2021 Page 222 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Maxis Berhad (MYL6012OO008) 05/10/2020 09:33 MYR 4.92 MYR 5.82 Buy Target Price & Rating Maggie Yeo 27/04/2020 10:09 MYR 5.31 MYR 5.78 Hold - Maggie Yeo (MYL1155OO000) 27/08/2021 10:56 MYR 8.33 MYR 8.30 Hold Target Price Maggie Yeo 31/05/2021 09:14 MYR 8.33 MYR 8.20 Hold Target Price Maggie Yeo 26/02/2021 08:57 MYR 8.09 MYR 8.10 Hold Target Price Maggie Yeo 31/08/2020 10:43 MYR 7.33 MYR 7.20 Hold Rating Maggie Yeo 13/06/2020 16:08 MYR 8.08 MYR 7.20 Reduce Target Price & Rating Maggie Yeo 22/05/2020 05:18 MYR 7.51 MYR 8.50 Buy - Maggie Yeo Mazda Motor (JP3868400007) 01/06/2020 09:09 JPY 689.00 JPY 750.00 Hold - Tony Lau Mccormick & Company, Incorporated (US5797802064) 02/07/2021 19:19 USD 87.97 USD 89.00 Hold Target Price & Rating Gregoire Cayeux 07/04/2021 08:21 USD 89.73 USD 82.00 Reduce Target Price Gregoire Cayeux 29/01/2021 21:28 USD 91.02 USD 79.00 Reduce Target Price Gregoire Cayeux 17/12/2020 11:19 USD 92.71 USD 80.00 Reduce Target Price Gregoire Cayeux 01/10/2020 09:10 USD 194.10 USD 170.00 Reduce - Timothy FUNG Mcdonald'S Corporation (US5801351017) 29/07/2021 17:39 USD 241.78 USD 260.00 Buy Target Price Bruno Villeroil 30/04/2021 18:45 USD 235.21 USD 250.00 Buy Target Price Gregoire Cayeux 01/02/2021 08:29 USD 206.82 USD 230.00 Buy Target Price Gregoire Cayeux 11/11/2020 17:09 USD 213.32 USD 250.00 Buy Target Price & Rating Gregoire Cayeux 01/10/2020 10:57 USD 219.49 USD 215.00 Hold Rating Tony Lau

Date of publication: 23 September 2021 Page 223 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Mcdonald'S Corporation (US5801351017) 12/08/2020 13:05 USD 205.00 USD 215.00 Buy Target Price Gregoire Cayeux 28/03/2020 10:59 USD 164.01 USD 205.00 Buy - Gregoire Cayeux Mckesson Corporation (US58155Q1031) 06/08/2021 15:38 USD 199.67 USD 223.00 Buy Target Price Mehdi Slimani 13/05/2021 10:46 USD 197.07 USD 214.00 Buy Target Price & Rating Gregoire Cayeux 11/05/2021 18:01 USD 197.61 USD 202.00 Hold Target Price & Rating Gregoire Cayeux 03/02/2021 21:30 USD 180.55 USD 205.00 Buy Target Price Mehdi Slimani 04/11/2020 10:52 USD 160.01 USD 189.00 Buy Target Price Mehdi Slimani 01/10/2020 11:41 USD 148.51 USD 175.00 Buy Target Price & Rating Godfrey OYENIRAN 05/08/2020 09:56 USD 157.02 USD 160.00 Hold Target Price Riadh Hendaoui 22/05/2020 14:40 USD 145.82 USD 150.00 Hold Rating Gregoire Cayeux 31/03/2020 10:18 USD 138.02 USD 150.00 Buy - Mehdi Slimani Mediaset (IT0001063210) 16/09/2021 14:46 EUR 2.50 EUR 1.75 Sell Target Price Gregoire Cayeux 13/05/2021 18:36 EUR 2.79 EUR 1.80 Sell Target Price Gregoire Cayeux 27/04/2021 20:01 EUR 2.36 EUR 1.70 Sell Target Price Mehdi Slimani 07/04/2021 17:59 EUR 2.48 EUR 2.00 Sell Target Price & Rating Gregoire Cayeux 15/03/2021 16:40 EUR 2.67 No Opinion Target Price & Rating Gregoire Cayeux 11/01/2021 17:46 EUR 2.12 EUR 1.60 Sell Target Price Mehdi Slimani 16/11/2020 11:07 EUR 1.82 EUR 1.12 Sell Target Price Mehdi Slimani 11/09/2020 19:03 EUR 1.86 EUR 1.07 Sell Target Price Mehdi Slimani 15/05/2020 15:54 EUR 1.74 EUR 1.00 Sell Target Price Mehdi Slimani 20/04/2020 19:00 EUR 1.80 EUR .96 Sell Target Price Mehdi Slimani 27/03/2020 18:53 EUR 1.86 EUR .90 Sell - Mehdi Slimani

Date of publication: 23 September 2021 Page 224 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Mediatek (TW0002454006) 26/04/2021 12:09 TWD 984.00 TWD 1250.00 Buy Target Price Tony Lau 21/01/2021 09:01 TWD 872.00 TWD 1125.50 Buy Target Price Tony Lau 17/09/2020 04:49 TWD 617.00 TWD 902.50 Buy Target Price & Rating Tony Lau 23/07/2020 09:54 TWD 664.00 TWD 535.00 Reduce Target Price & Rating Tony Lau 05/06/2020 11:18 TWD 490.00 TWD 565.00 Buy Target Price & Rating Tony Lau 03/04/2020 11:49 TWD 334.00 TWD 362.00 Hold - Tony Lau Mediobanca (IT0000062957) 30/07/2021 21:31 EUR 9.93 EUR 11.00 Buy Rating Riadh Hendaoui 25/06/2021 15:25 EUR 9.98 EUR 11.00 Hold - Gregoire Cayeux Medtronic Plc (IE00BTN1Y115) 25/08/2021 11:29 USD 132.57 USD 155.00 Buy Target Price Mehdi Slimani 30/05/2021 08:46 USD 125.15 USD 139.00 Buy Target Price Gregoire Cayeux 25/01/2021 09:31 USD 116.58 USD 135.00 Buy Target Price Mehdi Slimani 26/11/2020 19:55 USD 113.31 USD 126.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:47 USD 103.92 USD 121.00 Buy Target Price Godfrey OYENIRAN 22/05/2020 14:31 USD 95.41 USD 118.00 Buy - Bruno Villeroil Mega Fhc (TW0002886009) 07/09/2020 08:23 TWD 28.65 TWD 25.00 Reduce - Tony Lau Meituan Dianping (KYG596691041) 30/07/2021 06:17 HKD 208.60 HKD 280.00 Buy Target Price Alexis TAY 31/05/2021 08:20 HKD 271.80 HKD 360.00 Buy Target Price Alexis TAY 30/03/2021 06:04 HKD 302.00 HKD 390.00 Buy Target Price Alexis TAY 11/02/2021 08:25 HKD 430.40 HKD 500.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 225 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Meituan Dianping (KYG596691041) 10/12/2020 12:18 HKD 286.40 HKD 340.00 Buy Target Price Alexis TAY 24/08/2020 10:07 HKD 245.20 HKD 285.00 Buy Target Price & Rating Alexis TAY 26/06/2020 03:04 HKD 178.40 HKD 190.00 Hold Target Price & Rating Alexis TAY 26/05/2020 07:23 HKD 125.80 HKD 154.00 Buy - Alexis TAY Melco International Development Ltd (HK0200030994) 18/06/2020 07:59 HKD 16.12 HKD 24.11 Buy - Alexis TAY Melco Resorts And Entertainment (US5854641009) 15/09/2021 06:11 USD 12.70 USD 12.00 Hold Target Price & Rating Maggie Yeo 25/08/2021 08:31 USD 12.55 USD 16.00 Buy Target Price Maggie Yeo 09/10/2020 09:11 USD 15.86 USD 23.00 Buy Target Price Alexis TAY 28/04/2020 08:57 USD 15.78 USD 27.00 Buy - Alexis TAY Melexis (BE0165385973) 28/04/2021 12:35 EUR 90.80 EUR 95.00 Hold Target Price & Rating Gregoire Cayeux 02/03/2021 16:21 EUR 97.30 Conflict of Interest Target Price & Rating Gregoire Cayeux 04/02/2021 12:01 EUR 93.45 EUR 95.00 Hold Target Price Gregoire Cayeux 12/11/2020 13:08 EUR 69.55 EUR 70.00 Hold Target Price & Rating Gregoire Cayeux 29/10/2020 10:31 EUR 63.45 EUR 60.00 Reduce Rating Gregoire Cayeux 13/08/2020 10:33 EUR 70.65 EUR 60.00 Sell Target Price & Rating Patrick Casselman 30/04/2020 16:41 EUR 56.15 EUR 52.00 Reduce Rating Patrick Casselman 09/04/2020 16:33 EUR 47.82 EUR 52.00 Hold - Patrick Casselman Melrose Industries (GB00BZ1G4322) 10/05/2021 18:20 GBP 167.65 GBP 205.00 Buy Target Price Gregoire Cayeux 23/04/2021 01:33 GBP 160.05 GBP 200.00 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 226 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Melrose Industries (GB00BZ1G4322) 17/03/2021 16:30 GBP 182.00 GBP 210.00 Buy Target Price Bruno Villeroil 01/12/2020 20:17 GBP 153.50 GBP 205.00 Buy Target Price Gregoire Cayeux 14/10/2020 19:04 GBP 127.25 GBP 160.00 Buy Target Price Gregoire Cayeux 15/07/2020 10:55 GBP 116.40 GBP 145.00 Buy Target Price Mehdi Slimani 18/04/2020 13:47 GBP 91.12 GBP 135.00 Buy Target Price & Rating Gregoire Cayeux 04/04/2020 11:57 GBP 75.26 GBP 150.00 Hold - Gregoire Cayeux Merck & Co., Inc. (US58933Y1055) 26/01/2021 09:33 USD 81.15 USD 90.00 Buy Target Price Mehdi Slimani 29/10/2020 21:02 USD 76.18 USD 97.00 Buy Target Price Mehdi Slimani 01/10/2020 12:53 USD 82.94 USD 92.00 Buy Target Price Godfrey OYENIRAN 17/05/2020 21:22 USD 79.78 USD 100.00 Buy Target Price Mehdi Slimani 04/04/2020 16:51 USD 76.25 USD 103.00 Buy - Gregoire Cayeux Merck Kgaa (DE0006599905) 06/09/2021 17:11 EUR 205.90 EUR 190.00 Reduce Target Price Mehdi Slimani 27/07/2021 14:52 EUR 171.85 EUR 168.00 Reduce Target Price & Rating Riadh Hendaoui 14/05/2021 15:29 EUR 138.25 EUR 160.00 Buy Rating Mehdi Slimani 19/04/2021 18:08 EUR 148.90 EUR 160.00 Hold Target Price & Rating Gregoire Cayeux 05/03/2021 14:59 EUR 133.05 EUR 151.00 Buy Rating Mehdi Slimani 16/02/2021 17:26 EUR 143.10 EUR 151.00 Hold Target Price Mehdi Slimani 21/01/2021 21:20 EUR 142.70 EUR 144.00 Hold Rating Mehdi Slimani 20/01/2021 10:16 EUR 148.85 EUR 144.00 Reduce Rating Mehdi Slimani 28/10/2020 11:09 EUR 135.20 EUR 144.00 Hold Target Price Mehdi Slimani 17/09/2020 17:24 EUR 124.30 EUR 134.00 Hold Target Price & Rating Mehdi Slimani 04/08/2020 13:47 EUR 112.30 EUR 130.00 Buy Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 227 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Merck Kgaa (DE0006599905) 28/07/2020 11:05 EUR 111.20 EUR 122.00 Hold Rating Mehdi Slimani 17/06/2020 13:52 EUR 102.60 EUR 122.00 Buy - Torben BUMANN Merlin Properties (ES0105025003) 27/07/2021 00:17 EUR 9.40 No Opinion Target Price & Rating Gregoire Cayeux 26/04/2021 17:00 EUR 9.01 EUR 10.30 Buy Target Price & Rating Gregoire Cayeux 26/02/2021 11:16 EUR 8.75 EUR 9.10 Hold Rating Gregoire Cayeux 13/01/2021 10:34 EUR 7.64 EUR 9.10 Buy Target Price & Rating Gregoire Cayeux 14/11/2020 14:18 EUR 7.54 EUR 7.50 Hold Rating Gregoire Cayeux 09/11/2020 11:31 EUR 6.06 EUR 7.50 Buy Target Price Gregoire Cayeux 31/03/2020 17:16 EUR 6.73 EUR 11.10 Buy - Gregoire Cayeux Metlife, Inc. (US59156R1086) 07/05/2021 11:45 USD 66.95 USD 74.00 Buy Target Price Godfrey OYENIRAN 12/04/2021 08:23 USD 61.31 USD 68.00 Buy Target Price Godfrey OYENIRAN 17/02/2021 08:46 USD 56.01 USD 62.00 Buy Target Price Godfrey OYENIRAN 05/02/2021 08:38 USD 51.90 USD 58.00 Buy Target Price Godfrey OYENIRAN 15/12/2020 07:24 USD 45.84 USD 54.00 Buy Target Price Godfrey OYENIRAN 12/11/2020 07:23 USD 45.51 USD 50.00 Buy Target Price Godfrey OYENIRAN 07/11/2020 17:51 USD 40.48 USD 46.00 Buy Target Price Gregoire Cayeux 01/10/2020 12:29 USD 36.09 USD 44.00 Buy Target Price Godfrey OYENIRAN 16/09/2020 10:45 USD 37.51 USD 42.00 Buy Target Price Riadh Hendaoui 09/05/2020 12:32 USD 35.22 USD 44.00 Buy - Gregoire Cayeux Metro (DE000BFB0019) 31/07/2021 10:25 EUR 10.92 EUR 7.00 Sell Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 228 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Metro (DE000BFB0019) 16/02/2021 22:02 EUR 10.29 EUR 5.00 Sell - Gregoire Cayeux Metropolitan Bank (PHY6028G1361) 19/02/2021 08:49 PHP 51.00 PHP 53.00 Hold Target Price & Rating Maggie Yeo 17/09/2020 05:26 PHP 35.75 PHP 49.50 Buy Target Price Maggie Yeo 05/06/2020 05:33 PHP 43.00 PHP 55.00 Buy Target Price Maggie Yeo 09/04/2020 04:20 PHP 36.30 PHP 60.50 Buy - Maggie Yeo Metrovacesa (ES0105122024) 26/07/2021 20:00 EUR 6.77 No Opinion Target Price & Rating Gregoire Cayeux 13/05/2020 12:29 EUR 5.10 EUR 8.40 Buy - Gregoire Cayeux Mgm China (KYG607441022) 25/08/2021 08:38 HKD 7.82 HKD 8.00 Hold Target Price Maggie Yeo 11/01/2021 10:51 HKD 13.28 HKD 13.00 Hold Target Price & Rating Alexis TAY 12/06/2020 02:47 HKD 10.28 Conflict of Interest Target Price & Rating Alexis TAY 05/05/2020 06:15 HKD 9.70 HKD 13.00 Buy - Alexis TAY Mgm Resorts International (US5529531015) 06/08/2021 09:56 USD 39.67 USD 42.00 Hold Target Price & Rating Gregoire Cayeux 29/04/2021 09:25 USD 42.02 USD 48.00 Buy Target Price Gregoire Cayeux 09/02/2021 16:54 USD 35.60 USD 40.00 Buy Target Price & Rating Gregoire Cayeux 05/01/2021 13:06 USD 29.70 USD 28.00 Hold Rating Gregoire Cayeux 10/11/2020 15:06 USD 25.30 USD 28.00 Buy Target Price & Rating Riadh Hendaoui 31/10/2020 15:14 USD 20.57 USD 22.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 10:59 USD 21.62 USD 15.00 Sell Target Price & Rating Tony Lau 20/08/2020 08:38 USD 20.90 USD 30.00 Buy Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 229 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Mgm Resorts International (US5529531015) 14/05/2020 11:44 USD 12.68 USD 32.00 Buy Target Price Gregoire Cayeux 04/05/2020 14:01 USD 15.01 USD 35.50 Buy Target Price Gregoire Cayeux 04/04/2020 14:14 USD 10.58 USD 37.00 Buy - Gregoire Cayeux Michelin (FR0000121261) 20/09/2021 18:15 EUR 132.55 EUR 137.00 Hold Target Price & Rating Bruno Villeroil 27/07/2021 15:22 EUR 135.25 EUR 132.00 Reduce Target Price & Rating Bruno Villeroil 16/07/2021 00:08 EUR 136.55 EUR 138.00 Hold Target Price & Rating Riadh Hendaoui 21/06/2021 21:17 EUR 131.35 EUR 130.00 Reduce Target Price Bruno Villeroil 27/04/2021 19:19 EUR 127.85 EUR 125.00 Reduce Rating Bruno Villeroil 16/02/2021 19:00 EUR 117.70 EUR 125.00 Hold Target Price Bruno Villeroil 14/01/2021 16:23 EUR 108.80 EUR 112.00 Hold Target Price Bruno Villeroil 19/11/2020 12:33 EUR 108.50 EUR 108.00 Hold Target Price & Rating Bruno Villeroil 20/10/2020 10:45 EUR 93.20 EUR 107.00 Buy Target Price Bruno Villeroil 24/09/2020 13:01 EUR 91.88 EUR 110.00 Buy Target Price Bruno Villeroil 31/07/2020 21:56 EUR 90.60 EUR 100.00 Buy Rating Bruno Villeroil 24/06/2020 11:14 EUR 93.34 EUR 100.00 Hold Target Price & Rating Bruno Villeroil 20/05/2020 18:41 EUR 88.20 EUR 103.00 Buy Target Price Bruno Villeroil 21/04/2020 12:29 EUR 86.94 EUR 110.00 Buy Target Price Gregoire Cayeux 04/04/2020 19:36 EUR 77.88 EUR 100.00 Buy - Bruno Villeroil Microchip Technology Incorporated (US5950171042) 11/05/2021 12:24 USD 143.31 USD 170.00 Buy Rating Alexis TAY 22/02/2021 03:16 USD 157.63 USD 170.00 Hold Target Price Alexis TAY 10/11/2020 10:13 USD 126.51 USD 120.00 Hold Target Price Alexis TAY 01/10/2020 12:33 USD 99.20 USD 100.00 Hold - Alexis TAY

Date of publication: 23 September 2021 Page 230 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Micron Technology, Inc. (US5951121038) 08/04/2021 12:14 USD 93.75 USD 108.00 Buy Target Price Alexis TAY 22/01/2021 09:48 USD 85.01 USD 100.00 Buy Target Price & Rating Alexis TAY 23/10/2020 08:48 USD 51.94 USD 53.00 Hold Rating Alexis TAY 01/10/2020 12:14 USD 46.96 USD 53.00 Buy Target Price & Rating Alexis TAY 01/07/2020 13:52 USD 51.52 USD 48.00 Hold Target Price Riadh Hendaoui 27/03/2020 15:13 USD 44.79 USD 44.00 Hold - Riadh Hendaoui Microsoft Corporation (US5949181045) 30/07/2021 06:34 USD 286.22 USD 362.00 Buy Target Price Alexis TAY 03/05/2021 03:54 USD 252.18 USD 302.00 Buy Target Price Alexis TAY 28/01/2021 10:13 USD 232.90 USD 280.00 Buy Target Price Alexis TAY 30/10/2020 07:54 USD 202.68 USD 261.00 Buy Target Price Alexis TAY 01/10/2020 12:25 USD 207.42 USD 254.00 Buy Target Price Alexis TAY 24/07/2020 16:30 USD 202.54 USD 228.00 Buy Target Price Riadh Hendaoui 01/05/2020 12:51 USD 179.21 USD 196.00 Buy - Riadh Hendaoui Midea Group (A-Share) (CNE100001QQ5) 21/05/2021 10:13 CNY 80.70 CNY 105.70 Buy Target Price Tony Lau 05/11/2020 07:50 CNY 85.66 CNY 107.20 Buy Target Price Tony Lau 08/10/2020 09:51 CNY 72.60 CNY 87.30 Buy Target Price Tony Lau 07/09/2020 09:46 CNY 68.79 CNY 80.30 Buy Target Price Tony Lau 08/07/2020 12:13 CNY 64.38 CNY 70.00 Buy Target Price Tony Lau 26/05/2020 09:42 CNY 56.84 CNY 63.00 Buy - Tony Lau Minebea Mitsumi (JP3906000009) 19/07/2021 10:27 JPY 3060.00 JPY 3800.00 Buy Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 231 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Minebea Mitsumi (JP3906000009) 29/03/2021 08:35 JPY 2779.00 JPY 3300.00 Buy Target Price Maggie Yeo 08/02/2021 09:46 JPY 2395.00 JPY 2800.00 Buy Target Price Maggie Yeo 20/07/2020 09:52 JPY 1868.00 JPY 2300.00 Buy Target Price & Rating Maggie Yeo 11/05/2020 11:05 JPY 1768.00 JPY 1900.00 Hold Rating Maggie Yeo 27/03/2020 08:24 JPY 1582.00 JPY 1900.00 Buy - Maggie Yeo Minor International (TH0128B10Z09) 21/12/2020 09:20 THB 26.75 THB 35.00 Buy Target Price & Rating Maggie Yeo 17/11/2020 02:31 THB 23.40 THB 15.00 Sell Target Price & Rating Maggie Yeo 14/08/2020 09:22 THB 20.80 THB 17.00 Reduce Rating Maggie Yeo 07/08/2020 10:19 THB 18.40 THB 17.00 Hold Target Price & Rating Maggie Yeo 16/06/2020 13:52 THB 21.60 THB 19.00 Reduce Target Price Maggie Yeo 18/05/2020 10:35 THB 18.10 THB 15.00 Reduce - Maggie Yeo Minsheng Education Group (KYG6145R1065) 19/10/2020 09:35 HKD 1.12 HKD 1.30 Buy Target Price Tony Lau 02/09/2020 10:56 HKD 1.28 HKD 1.40 Buy - Tony Lau Minth Group (KYG6145U1094) 08/10/2020 10:18 HKD 32.85 HKD 43.00 Buy Target Price Tony Lau 01/09/2020 10:21 HKD 26.00 HKD 35.00 Buy - Tony Lau Mithra (BE0974283153) 22/04/2021 13:45 EUR 25.50 EUR 35.00 Buy Target Price Gregoire Cayeux 06/10/2020 10:23 EUR 17.72 EUR 34.00 Buy Target Price Gregoire Cayeux 13/08/2020 10:42 EUR 17.60 EUR 35.00 Buy - Patrick Casselman

Date of publication: 23 September 2021 Page 232 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Mitsubishi Electric Corporation (JP3902400005) 02/08/2021 05:20 JPY 1489.50 JPY 1830.00 Buy Target Price Maggie Yeo 07/06/2021 09:47 JPY 1793.00 JPY 2250.00 Buy Target Price Maggie Yeo 29/04/2021 09:41 JPY 1611.00 JPY 1905.00 Buy Target Price Maggie Yeo 03/02/2021 07:37 JPY 1634.00 JPY 1850.00 Buy Target Price Maggie Yeo 02/11/2020 10:26 JPY 1340.00 JPY 1740.00 Buy Target Price Maggie Yeo 03/08/2020 10:36 JPY 1370.50 JPY 1705.00 Buy Target Price Maggie Yeo 12/05/2020 09:23 JPY 1362.00 JPY 1675.00 Buy Target Price Maggie Yeo 26/03/2020 07:31 JPY 1331.00 JPY 1790.00 Buy - Maggie Yeo Mitsubishi Estate (JP3899600005) 17/06/2021 12:18 JPY 1925.50 JPY 2200.00 Buy Target Price & Rating Tony Lau 03/06/2021 11:53 JPY 1835.50 JPY 2000.00 Hold Target Price Tony Lau 12/11/2020 08:05 JPY 1863.00 JPY 1900.00 Hold Rating Tony Lau 15/07/2020 05:30 JPY 1575.00 JPY 1900.00 Buy Rating Maggie Yeo 20/04/2020 10:38 JPY 1737.50 JPY 1900.00 Hold - Tony Lau Mitsubishi Heavy Industries (JP3900000005) 08/05/2020 10:51 JPY 2630.50 JPY 2500.00 Hold - Maggie Yeo Mitsubishi Motors (JP3899800001) 05/01/2021 10:58 JPY 211.00 JPY 275.00 Buy - Tony Lau Mitsubishi Ufj Financial Group (JP3902900004) 16/09/2021 08:22 JPY 646.70 JPY 750.00 Buy Target Price Maggie Yeo 22/12/2020 04:42 JPY 457.90 JPY 560.00 Buy Target Price & Rating Tony Lau 16/07/2020 05:42 JPY 428.70 Conflict of Interest Target Price & Rating Maggie Yeo 16/04/2020 04:24 JPY 417.00 JPY 490.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 233 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Mitsui Fudosan (JP3893200000) 16/09/2021 08:29 JPY 2710.00 JPY 3100.00 Buy Target Price & Rating Maggie Yeo 03/06/2021 11:33 JPY 2702.50 JPY 2900.00 Hold Target Price Tony Lau 29/03/2021 10:49 JPY 2518.00 JPY 2500.00 Hold Target Price & Rating Tony Lau 16/10/2020 04:25 JPY 1900.50 JPY 2200.00 Buy Rating Tony Lau 07/10/2020 10:52 JPY 1908.00 JPY 2200.00 Hold Rating Tony Lau 07/09/2020 12:18 JPY 1884.00 JPY 2200.00 Buy Target Price Tony Lau 12/06/2020 11:56 JPY 2166.00 JPY 2600.00 Buy Target Price & Rating Tony Lau 26/05/2020 11:42 JPY 1961.00 JPY 2200.00 Hold Target Price Tony Lau 29/04/2020 12:25 JPY 1907.00 JPY 1800.00 Hold - Tony Lau Mizuho Financial Group (JP3885780001) 24/05/2021 08:40 JPY 1692.00 JPY 1800.00 Hold Target Price Tony Lau 16/04/2020 04:27 JPY 124.00 JPY 125.00 Hold - Tony Lau Moderna, Inc. (US60770K1079) 06/08/2021 10:59 USD 416.26 USD 259.00 Sell Target Price Mehdi Slimani 19/07/2021 11:33 USD 286.43 USD 188.00 Sell Target Price & Rating Riadh Hendaoui 09/05/2021 12:37 USD 160.50 USD 160.00 Hold Target Price Gregoire Cayeux 06/05/2021 10:04 USD 162.84 USD 161.00 Hold Rating Mehdi Slimani 05/03/2021 09:52 USD 132.30 USD 161.00 Buy Target Price & Rating Gregoire Cayeux 01/02/2021 21:21 USD 159.55 USD 152.00 Hold Target Price Mehdi Slimani 16/12/2020 07:51 USD 147.22 USD 146.00 Hold - Gregoire Cayeux Moncler (IT0004965148) 15/01/2021 20:05 EUR 47.78 EUR 54.00 Buy Target Price & Rating Gregoire Cayeux 08/12/2020 13:10 EUR 44.00 EUR 48.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 234 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Moncler (IT0004965148) 25/09/2020 15:30 EUR 35.20 EUR 38.00 Hold Target Price & Rating Gregoire Cayeux 17/06/2020 13:23 EUR 34.66 EUR 40.00 Buy Target Price Gregoire Cayeux 18/04/2020 18:06 EUR 34.52 EUR 41.00 Buy - Gregoire Cayeux Mondelez International, Inc. (US6092071058) 30/07/2021 18:48 USD 63.33 USD 66.00 Buy Rating Gregoire Cayeux 29/07/2021 17:11 USD 63.40 USD 66.00 Hold Target Price Gregoire Cayeux 29/04/2021 09:35 USD 60.88 USD 65.00 Hold Target Price Gregoire Cayeux 01/02/2021 08:53 USD 57.12 USD 62.00 Hold Target Price Gregoire Cayeux 04/11/2020 09:52 USD 54.34 USD 59.00 Hold Target Price Gregoire Cayeux 01/10/2020 08:44 USD 57.45 USD 58.00 Hold Target Price Timothy FUNG 30/07/2020 21:55 USD 56.79 USD 53.00 Hold Rating Bruno Villeroil 06/05/2020 10:34 USD 50.32 USD 53.00 Buy Target Price & Rating Gregoire Cayeux 01/04/2020 11:55 USD 50.08 USD 52.00 Hold - Gregoire Cayeux Monster Beverage Corporation (US61174X1090) 06/08/2021 08:51 USD 91.95 USD 95.00 Hold Target Price & Rating Gregoire Cayeux 07/05/2021 08:28 USD 95.02 USD 85.00 Reduce Rating Gregoire Cayeux 07/11/2020 12:22 USD 83.26 USD 85.00 Hold Target Price Gregoire Cayeux 01/10/2020 09:12 USD 77.79 USD 80.00 Hold - Timothy FUNG Montea (BE0003853703) 23/08/2021 15:23 EUR 119.40 EUR 129.00 Hold Target Price Riadh Hendaoui 08/06/2021 11:27 EUR 100.60 EUR 111.00 Hold Target Price Gregoire Cayeux 12/02/2021 11:20 EUR 100.60 EUR 104.00 Hold Target Price & Rating Gregoire Cayeux 11/02/2021 10:51 EUR 102.20 EUR 100.00 Reduce Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 235 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Montea (BE0003853703) 12/08/2020 08:11 EUR 96.90 EUR 100.00 Hold Target Price & Rating Patrick Casselman 07/07/2020 16:52 EUR 90.40 EUR 87.00 Reduce Rating Patrick Casselman 19/05/2020 21:00 EUR 83.90 EUR 87.00 Hold - Patrick Casselman Moody'S Corporation (US6153691059) 03/08/2021 09:17 USD 378.58 USD 275.00 Sell Target Price Godfrey OYENIRAN 30/04/2021 11:20 USD 320.04 USD 230.00 Sell Target Price Godfrey OYENIRAN 01/10/2020 11:37 USD 279.13 USD 215.00 Sell - Timothy FUNG Morgan Stanley (US6174464486) 02/09/2021 11:45 USD 104.31 USD 115.00 Buy Target Price Godfrey OYENIRAN 08/06/2021 10:26 USD 93.21 USD 105.00 Buy Target Price Godfrey OYENIRAN 19/04/2021 08:19 USD 78.59 USD 95.00 Buy Target Price Godfrey OYENIRAN 30/03/2021 12:36 USD 77.88 USD 90.00 Buy Target Price & Rating Godfrey OYENIRAN 23/03/2021 10:42 USD 81.92 USD 78.00 Hold Rating Godfrey OYENIRAN 21/01/2021 10:22 USD 74.84 USD 78.00 Buy Target Price & Rating Godfrey OYENIRAN 07/01/2021 07:42 USD 73.68 USD 69.00 Hold Rating Godfrey OYENIRAN 15/12/2020 07:20 USD 61.88 USD 69.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 12:18 USD 47.04 USD 60.00 Buy Target Price & Rating Godfrey OYENIRAN 01/07/2020 12:57 USD 48.30 USD 49.00 Hold Rating Riadh Hendaoui 27/03/2020 12:32 USD 35.71 USD 49.00 Buy - Riadh Hendaoui Morrison (GB0006043169) 05/08/2021 18:06 GBP 272.00 Conflict of Interest Target Price & Rating Gregoire Cayeux 24/06/2021 12:32 GBP 232.90 GBP 245.00 Hold Target Price Gregoire Cayeux 18/05/2021 14:43 GBP 183.75 GBP 205.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 236 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Morrison (GB0006043169) 08/01/2021 09:04 GBP 183.95 GBP 200.00 Hold Target Price & Rating Gregoire Cayeux 22/09/2020 09:24 GBP 178.20 GBP 215.00 Buy Target Price Gregoire Cayeux 20/05/2020 15:56 GBP 187.50 GBP 210.00 Buy - Gregoire Cayeux Moutai (A-Share) (CNE0000018R8) 28/04/2021 04:38 CNY 2077.82 CNY 2233.00 Hold Rating Tony Lau 16/03/2021 04:12 CNY 1975.45 CNY 2233.00 Buy Target Price Tony Lau 07/08/2020 04:39 CNY 1637.96 CNY 1858.00 Buy Target Price & Rating Tony Lau 12/05/2020 05:30 CNY 1323.01 CNY 1425.00 Hold Target Price & Rating Tony Lau 02/04/2020 12:23 CNY 1103.00 CNY 1350.00 Buy - Tony Lau Mowi (NO0003054108) 08/09/2021 12:13 NOK 230.40 NOK 270.00 Buy Target Price & Rating Gregoire Cayeux 15/06/2021 23:32 NOK 229.50 NOK 230.00 Hold Target Price & Rating Gregoire Cayeux 20/05/2021 13:41 NOK 207.90 NOK 185.00 Reduce Target Price Gregoire Cayeux 20/04/2021 13:34 NOK 204.00 NOK 180.00 Reduce Target Price & Rating Gregoire Cayeux 10/03/2021 14:03 NOK 216.90 NOK 175.00 Sell Target Price & Rating Gregoire Cayeux 14/01/2021 18:00 NOK 183.00 NOK 170.00 Reduce Target Price & Rating Gregoire Cayeux 05/11/2020 14:46 NOK 154.45 NOK 160.00 Hold Target Price Gregoire Cayeux 15/10/2020 20:49 NOK 169.15 NOK 170.00 Hold Target Price & Rating Gregoire Cayeux 08/09/2020 12:39 NOK 175.90 NOK 165.00 Reduce Target Price Gregoire Cayeux 17/07/2020 15:56 NOK 173.65 NOK 170.00 Reduce Target Price Mehdi Slimani 01/07/2020 10:42 NOK 182.65 NOK 160.00 Reduce Target Price Gregoire Cayeux 21/04/2020 17:36 NOK 172.50 NOK 155.00 Reduce - Gregoire Cayeux

Date of publication: 23 September 2021 Page 237 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Msci Inc. (US55354G1004) 29/07/2021 07:54 USD 584.21 USD 375.00 Sell Target Price Godfrey OYENIRAN 29/04/2021 08:04 USD 487.61 USD 325.00 Sell Target Price Godfrey OYENIRAN 13/11/2020 07:19 USD 389.48 USD 300.00 Sell Rating Godfrey OYENIRAN 01/10/2020 12:22 USD 345.46 USD 300.00 Reduce - Godfrey OYENIRAN Mtr (HK0066009694) 11/05/2021 06:07 HKD 44.20 HKD 40.00 Reduce Rating Tony Lau 17/07/2020 12:02 HKD 39.20 HKD 40.00 Hold - Tony Lau Mtu Aero Engines (DE000A0D9PT0) 12/07/2021 11:44 EUR 213.80 EUR 242.00 Buy Target Price & Rating Torben BUMANN 19/02/2021 08:06 EUR 188.90 EUR 213.00 Hold Rating Torben BUMANN 20/01/2021 10:55 EUR 213.30 EUR 213.00 Reduce Rating Torben BUMANN 07/01/2021 10:42 EUR 207.00 EUR 213.00 Hold Target Price & Rating Gregoire Cayeux 29/10/2020 13:12 EUR 150.80 EUR 119.00 Sell Rating Torben BUMANN 30/04/2020 11:34 EUR 125.95 EUR 119.00 Reduce Rating Torben BUMANN 18/04/2020 12:42 EUR 118.30 EUR 119.00 Hold - Gregoire Cayeux Muangthai Capital (TH6068010Y02) 16/08/2021 09:52 THB 57.00 THB 56.00 Hold Target Price Maggie Yeo 17/02/2021 10:37 THB 66.50 THB 60.00 Hold Target Price Maggie Yeo 12/10/2020 10:00 THB 51.25 THB 53.00 Hold Target Price Maggie Yeo 17/08/2020 06:16 THB 50.50 THB 50.00 Hold Target Price Maggie Yeo 12/08/2020 08:03 THB 48.50 THB 45.00 Hold Target Price Maggie Yeo 13/05/2020 10:45 THB 47.75 THB 52.00 Hold Target Price Maggie Yeo 11/05/2020 10:55 THB 45.00 THB 42.00 Hold - Maggie Yeo

Date of publication: 23 September 2021 Page 238 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Munich Re (DE0008430026) 27/04/2021 19:19 EUR 257.25 EUR 280.00 Hold Target Price & Rating Riadh Hendaoui 03/12/2020 14:08 EUR 243.80 EUR 270.00 Buy Target Price Gregoire Cayeux 08/10/2020 22:06 EUR 217.10 EUR 245.00 Buy Target Price & Rating Riadh Hendaoui 09/09/2020 15:15 EUR 243.30 EUR 220.00 Reduce Rating Riadh Hendaoui 20/04/2020 16:17 EUR 195.45 EUR 220.00 Buy - Gregoire Cayeux Murata Manufacturing (JP3914400001) 14/07/2021 09:48 JPY 9113.00 JPY 10700.00 Buy Target Price Maggie Yeo 22/03/2021 06:51 JPY 9179.00 JPY 11000.00 Buy Target Price Maggie Yeo 26/01/2021 07:40 JPY 10580.00 JPY 12500.00 Buy Target Price Maggie Yeo 27/10/2020 07:08 JPY 7230.00 JPY 8400.00 Buy Target Price Maggie Yeo 28/09/2020 09:15 JPY 6777.00 JPY 7500.00 Buy Target Price Maggie Yeo 03/08/2020 10:27 JPY 6609.00 JPY 7400.00 Buy Target Price Maggie Yeo 18/05/2020 10:46 JPY 6122.00 JPY 6900.00 Buy Target Price & Rating Maggie Yeo 04/05/2020 09:38 JPY 5897.00 JPY 6200.00 Hold - Maggie Yeo Nabtesco (JP3651210001) 18/05/2020 10:51 JPY 3275.00 JPY 3700.00 Buy Target Price & Rating Maggie Yeo 04/05/2020 09:55 JPY 3110.00 JPY 3400.00 Hold - Maggie Yeo Nanya Technology (TW0002408002) 07/06/2021 11:13 TWD 82.20 No Opinion - Tony Lau , Inc. (US6311031081) 22/07/2021 11:37 USD 186.28 USD 197.00 Buy Target Price & Rating Godfrey OYENIRAN 24/06/2021 11:56 USD 178.78 USD 182.00 Hold Target Price & Rating Godfrey OYENIRAN 22/04/2021 10:54 USD 159.32 USD 169.00 Buy Target Price & Rating Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 239 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Nasdaq, Inc. (US6311031081) 14/04/2021 05:28 USD 156.09 USD 150.00 Hold Rating Godfrey OYENIRAN 01/10/2020 12:19 USD 119.73 USD 150.00 Buy - Godfrey OYENIRAN National Australia Bank Ltd (AU000000NAB4) 09/04/2021 09:17 AUD 26.63 AUD 27.00 Hold Target Price Maggie Yeo 23/04/2020 10:03 AUD 15.90 AUD 17.00 Hold - Maggie Yeo National Bank Of Canada (CA6330671034) 30/08/2021 15:05 CAD 99.32 CAD 99.00 Hold Rating Gregoire Cayeux 01/06/2021 11:56 CAD 95.01 CAD 99.00 Buy Target Price & Rating Godfrey OYENIRAN 26/02/2021 09:43 CAD 79.48 CAD 81.00 Hold Target Price Godfrey OYENIRAN 24/02/2021 09:37 CAD 75.81 CAD 77.00 Hold Target Price Godfrey OYENIRAN 04/12/2020 07:25 CAD 72.08 CAD 74.00 Hold Target Price Godfrey OYENIRAN 02/10/2020 06:08 CAD 66.14 CAD 68.00 Hold - Godfrey OYENIRAN National Grid (GB00BDR05C01) 14/08/2021 07:53 GBP 955.50 No Opinion Target Price & Rating Gregoire Cayeux 25/03/2021 12:30 GBP 862.20 GBP 1050.00 Buy Target Price Mehdi Slimani 10/12/2020 17:50 GBP 899.40 GBP 1130.00 Buy Target Price Gregoire Cayeux 18/11/2020 16:10 GBP 936.20 GBP 1060.00 Buy Target Price Gregoire Cayeux 10/07/2020 13:55 GBP 850.00 GBP 990.00 Buy Target Price & Rating Mehdi Slimani 19/06/2020 17:32 GBP 949.40 GBP 1030.00 Hold Target Price & Rating Mehdi Slimani 14/04/2020 20:26 GBP 908.20 GBP 1000.00 Buy - Gregoire Cayeux (FR0000120685) 09/07/2021 09:58 EUR 4.00 No Opinion Target Price & Rating Gregoire Cayeux 04/02/2021 16:03 EUR 3.33 EUR 3.10 Reduce Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 240 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Natixis (FR0000120685) 20/01/2021 21:23 EUR 3.17 EUR 3.00 Reduce Target Price Riadh Hendaoui 18/01/2021 16:11 EUR 3.15 EUR 2.90 Reduce Target Price & Rating Riadh Hendaoui 10/11/2020 15:37 EUR 2.26 EUR 2.70 Buy Target Price & Rating Riadh Hendaoui 01/09/2020 20:20 EUR 2.30 EUR 2.90 Hold Target Price Gregoire Cayeux 07/07/2020 23:38 EUR 2.46 EUR 2.60 Hold Target Price Riadh Hendaoui 07/05/2020 19:24 EUR 2.07 EUR 2.50 Hold Target Price Riadh Hendaoui 14/04/2020 16:51 EUR 2.24 EUR 3.15 Hold Target Price Riadh Hendaoui 31/03/2020 18:24 EUR 3.12 EUR 3.30 Hold - Riadh Hendaoui Naturgy (ES0116870314) 09/09/2021 10:23 EUR 21.69 Conflict of Interest Target Price & Rating Gregoire Cayeux 29/07/2021 20:56 EUR 22.30 EUR 24.40 Hold Target Price Bruno Villeroil 29/04/2021 17:31 EUR 21.40 EUR 21.30 Hold Target Price Gregoire Cayeux 06/02/2021 16:26 EUR 21.27 EUR 21.50 Hold Target Price & Rating Gregoire Cayeux 11/01/2021 18:39 EUR 20.27 EUR 19.20 Reduce Target Price Mehdi Slimani 16/11/2020 13:46 EUR 19.68 EUR 17.60 Reduce Target Price Mehdi Slimani 29/10/2020 14:46 EUR 16.40 EUR 15.50 Reduce Target Price Mehdi Slimani 23/07/2020 17:38 EUR 16.56 EUR 15.00 Reduce Target Price Mehdi Slimani 01/05/2020 17:19 EUR 16.11 EUR 14.80 Reduce Target Price Gregoire Cayeux 23/03/2020 08:43 EUR 17.18 EUR 15.30 Reduce - Gregoire Cayeux Natwest Group Plc (GB00B7T77214) 12/08/2021 15:31 GBP 220.10 GBP 240.00 Hold Target Price & Rating Gregoire Cayeux 12/05/2021 23:04 GBP 191.00 GBP 230.00 Buy Target Price & Rating Riadh Hendaoui 22/04/2021 14:50 GBP 192.80 GBP 210.00 Hold Target Price Riadh Hendaoui 23/02/2021 13:02 GBP 182.70 GBP 190.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 241 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Natwest Group Plc (GB00B7T77214) 19/01/2021 16:08 GBP 160.75 GBP 165.00 Hold Rating Riadh Hendaoui 03/12/2020 20:31 GBP 166.00 GBP 165.00 Reduce Target Price & Rating Gregoire Cayeux 12/11/2020 21:40 GBP 146.00 GBP 150.00 Hold Target Price & Rating Riadh Hendaoui 14/09/2020 17:48 GBP 102.15 GBP 130.00 Buy Target Price & Rating Riadh Hendaoui 22/05/2020 15:09 GBP 103.20 GBP 125.00 Hold Target Price Gregoire Cayeux 06/04/2020 19:19 GBP 101.75 GBP 150.00 Hold Target Price & Rating Gregoire Cayeux 23/03/2020 18:22 GBP 113.80 GBP 155.00 Buy - Gregoire Cayeux Neste (FI0009013296) 15/09/2021 14:13 EUR 53.44 EUR 57.00 Hold Target Price Mehdi Slimani 28/07/2021 17:07 EUR 52.18 EUR 54.00 Hold Rating Gregoire Cayeux 27/07/2021 16:48 EUR 57.02 EUR 54.00 Reduce Rating Gregoire Cayeux 29/04/2021 19:03 EUR 51.14 EUR 54.00 Hold Rating Mehdi Slimani 06/04/2021 13:22 EUR 46.39 EUR 54.00 Buy Rating Mehdi Slimani 08/02/2021 18:16 EUR 55.20 EUR 54.00 Reduce Target Price Gregoire Cayeux 23/10/2020 15:51 EUR 49.69 EUR 48.00 Reduce Target Price Mehdi Slimani 16/10/2020 13:26 EUR 47.60 EUR 47.00 Reduce Target Price Mehdi Slimani 24/07/2020 12:44 EUR 41.42 EUR 41.00 Reduce Target Price Mehdi Slimani 23/07/2020 11:17 EUR 37.19 EUR 36.00 Reduce Rating Mehdi Slimani 21/06/2020 18:01 EUR 35.43 EUR 36.00 Hold Rating Mehdi Slimani 22/04/2020 12:01 EUR 27.19 EUR 36.00 Buy Target Price Mehdi Slimani 23/03/2020 11:57 EUR 23.21 EUR 40.00 Buy - Mehdi Slimani Nestlé (CH0038863350) 15/06/2021 18:35 CHF 113.82 CHF 118.00 Hold Target Price & Rating Gregoire Cayeux 23/04/2021 12:51 CHF 110.02 CHF 106.00 Reduce Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 242 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Nestlé (CH0038863350) 19/02/2021 12:55 CHF 99.24 CHF 100.00 Hold Target Price & Rating Gregoire Cayeux 14/01/2021 09:12 CHF 100.34 CHF 99.00 Reduce Target Price & Rating Gregoire Cayeux 03/08/2020 15:51 CHF 108.10 CHF 110.00 Hold Target Price Riadh Hendaoui 01/07/2020 09:34 CHF 104.74 CHF 109.00 Hold Target Price Gregoire Cayeux 29/06/2020 18:30 CHF 105.04 CHF 105.00 Hold Target Price Gregoire Cayeux 27/04/2020 12:40 CHF 106.56 CHF 111.00 Hold - Gregoire Cayeux Netapp, Inc. (US64110D1046) 31/08/2021 13:25 USD 88.37 USD 85.00 Hold Target Price Gregoire Cayeux 08/06/2021 12:13 USD 78.68 USD 77.00 Hold Target Price & Rating Alexis TAY 05/03/2021 04:50 USD 63.80 USD 65.00 Buy Target Price & Rating Alexis TAY 11/12/2020 03:09 USD 59.23 USD 60.00 Hold Target Price & Rating Alexis TAY 01/10/2020 12:33 USD 43.60 USD 50.00 Buy - Alexis TAY Netease Inc (KYG6427A1022) 03/08/2021 08:32 HKD 158.20 HKD 180.00 Buy Target Price Alexis TAY 20/05/2021 05:28 HKD 165.00 HKD 211.00 Buy Target Price Alexis TAY 01/03/2021 07:22 HKD 166.00 HKD 197.00 Buy Target Price Alexis TAY 20/11/2020 12:12 HKD 134.10 HKD 180.00 Buy Target Price Alexis TAY 30/07/2020 08:14 HKD 140.90 HKD 167.00 Buy - Alexis TAY Netease Inc (US64110W1027) 03/08/2021 08:29 USD 105.04 USD 116.00 Buy Target Price Alexis TAY 20/05/2021 05:27 USD 108.61 USD 135.00 Buy Target Price Alexis TAY 01/03/2021 07:21 USD 109.85 USD 125.00 Buy Target Price Alexis TAY 20/11/2020 12:07 USD 89.22 USD 115.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 243 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Netease Inc (US64110W1027) 29/10/2020 04:25 USD 88.42 USD 106.00 Buy Target Price Alexis TAY 30/07/2020 08:12 USD 452.40 USD 530.00 Buy Target Price Alexis TAY 22/05/2020 09:38 USD 401.76 USD 460.00 Buy - Alexis TAY Netflix, Inc. (US64110L1061) 22/01/2021 09:36 USD 586.34 USD 650.00 Buy Target Price Alexis TAY 01/10/2020 12:14 USD 491.17 USD 600.00 Buy Target Price & Rating Alexis TAY 21/07/2020 10:24 USD 502.41 USD 200.00 Sell Target Price Mehdi Slimani 23/04/2020 11:03 USD 421.42 USD 160.00 Sell - Mehdi Slimani Netlink Nbn Trust (SG1DH9000006) 06/08/2020 09:28 SGD .97 SGD 1.13 Buy - Maggie Yeo New China Life Insurance (CNE100001922) 03/09/2020 04:50 HKD 30.85 HKD 36.00 Buy Rating Tony Lau 21/07/2020 11:59 HKD 33.90 HKD 36.00 Hold Target Price & Rating Tony Lau 03/07/2020 11:25 HKD 28.65 HKD 34.00 Buy Target Price Tony Lau 15/05/2020 10:55 HKD 26.05 HKD 32.00 Buy - Tony Lau New China Life Insurance (A-Share) (CNE1000019Y0) 20/04/2021 08:56 CNY 46.82 CNY 45.00 Hold Target Price & Rating Tony Lau 03/07/2020 11:29 CNY 48.46 CNY 40.00 Sell - Tony Lau New Oriental Education & Technology Group (US6475811070) 28/07/2021 05:07 USD 1.94 USD 2.20 Sell Target Price & Rating Tony Lau 08/06/2021 10:36 USD 8.87 USD 11.00 Buy Target Price Tony Lau 18/05/2021 08:49 USD 12.36 USD 17.00 Buy Target Price Tony Lau 15/03/2021 03:49 USD 17.64 USD 20.00 Buy Target Price Tony Lau

Date of publication: 23 September 2021 Page 244 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

New Oriental Education & Technology Group (US6475811070) 16/10/2020 04:44 USD 165.48 USD 200.00 Buy Target Price Tony Lau 02/09/2020 12:03 USD 151.00 USD 170.00 Buy Target Price Tony Lau 01/04/2020 10:01 USD 108.24 USD 145.10 Buy - Tony Lau New Relic, Inc. (US64829B1008) 16/08/2021 10:00 USD 82.47 USD 93.00 Buy Target Price Alexis TAY 16/06/2021 06:12 USD 67.79 USD 75.00 Buy Target Price Alexis TAY 25/02/2021 09:58 USD 63.52 USD 80.00 Buy Target Price Alexis TAY 16/11/2020 03:13 USD 54.87 USD 77.00 Buy Target Price Alexis TAY 02/10/2020 04:59 USD 56.36 USD 83.00 Buy - Alexis TAY New World Development (HK0000608585) 20/09/2021 10:03 HKD 34.85 HKD 38.00 Buy Target Price Tony Lau 09/07/2021 09:34 HKD 39.95 HKD 43.00 Buy Target Price Tony Lau 01/06/2021 11:08 HKD 41.85 HKD 49.00 Buy Target Price Tony Lau 14/10/2020 11:51 HKD 38.60 HKD 45.00 Buy - Tony Lau Newcrest Mining (AU000000NCM7) 30/04/2021 11:41 AUD 27.09 AUD 30.00 Buy Target Price & Rating Maggie Yeo 04/05/2020 09:08 AUD 25.15 AUD 27.00 Hold - Maggie Yeo Newmont Corporation (US6516391066) 03/05/2021 11:44 USD 62.41 USD 78.00 Buy Target Price Bruno Villeroil 01/10/2020 13:27 USD 63.45 USD 81.00 Buy Target Price & Rating Maggie Yeo 06/05/2020 11:56 USD 64.91 USD 39.00 Sell - Bruno Villeroil (FR0000044448) 03/05/2021 15:34 EUR 68.35 EUR 84.00 Buy Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 245 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Nexans (FR0000044448) 19/04/2021 17:58 EUR 74.85 EUR 84.00 Hold Target Price Bruno Villeroil 20/01/2021 16:09 EUR 66.55 EUR 74.00 Hold Target Price Bruno Villeroil 02/12/2020 14:07 EUR 52.60 EUR 60.00 Hold Target Price & Rating Gregoire Cayeux 09/11/2020 17:35 EUR 42.52 EUR 54.00 Buy Target Price Bruno Villeroil 15/10/2020 11:20 EUR 46.56 EUR 55.00 Buy Target Price & Rating Bruno Villeroil 03/08/2020 16:26 EUR 44.20 EUR 50.00 Hold Target Price Bruno Villeroil 15/07/2020 11:00 EUR 43.00 EUR 48.00 Hold Target Price & Rating Mehdi Slimani 12/05/2020 10:40 EUR 36.16 EUR 43.00 Buy Target Price Bruno Villeroil 18/04/2020 14:38 EUR 30.32 EUR 40.00 Buy Target Price Gregoire Cayeux 04/04/2020 15:21 EUR 25.70 EUR 42.00 Buy - Gregoire Cayeux Nexi (IT0005366767) 16/06/2021 17:44 EUR 17.48 EUR 22.00 Buy Target Price Riadh Hendaoui 15/05/2021 09:05 EUR 16.00 EUR 21.00 Buy Target Price Riadh Hendaoui 01/12/2020 09:30 EUR 15.80 EUR 20.00 Buy Target Price Gregoire Cayeux 12/11/2020 21:27 EUR 14.68 EUR 17.80 Buy Target Price Riadh Hendaoui 02/11/2020 15:54 EUR 13.19 EUR 17.00 Buy Rating Riadh Hendaoui 06/10/2020 21:04 EUR 17.42 EUR 17.00 Reduce Target Price & Rating Riadh Hendaoui 20/06/2020 09:26 EUR 15.05 EUR 15.50 Hold Target Price & Rating Riadh Hendaoui 13/05/2020 19:40 EUR 14.56 EUR 14.00 Reduce - Riadh Hendaoui Nextera Energy, Inc. (US65339F1012) 22/04/2021 17:33 USD 77.97 USD 90.00 Buy Target Price Gregoire Cayeux 27/01/2021 11:38 USD 85.23 USD 100.00 Buy Target Price Gregoire Cayeux 22/01/2021 07:40 USD 83.71 USD 95.00 Buy Target Price & Rating Gregoire Cayeux 12/11/2020 09:20 USD 77.54 USD 84.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 246 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Nextera Energy, Inc. (US65339F1012) 29/10/2020 15:47 USD 74.46 USD 80.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 11:00 USD 277.56 USD 297.00 Buy - Tony Lau Nextgen Healthcare, Inc. (US65343C1027) 03/08/2021 10:32 USD 16.25 USD 18.00 Buy Target Price Mehdi Slimani 12/06/2021 10:03 USD 17.57 USD 19.00 Buy - Gregoire Cayeux Ngk Insulators (JP3695200000) 03/08/2021 09:18 JPY 1742.00 JPY 2250.00 Buy Target Price & Rating Maggie Yeo 29/04/2021 09:43 JPY 1946.00 JPY 2100.00 Hold Target Price Maggie Yeo 27/11/2020 08:36 JPY 1708.00 JPY 1750.00 Hold Target Price Maggie Yeo 02/11/2020 10:25 JPY 1483.00 JPY 1500.00 Hold Target Price Maggie Yeo 03/08/2020 10:42 JPY 1307.00 JPY 1350.00 Hold Target Price Maggie Yeo 13/06/2020 16:09 JPY 1609.00 JPY 1600.00 Hold Target Price Maggie Yeo 08/04/2020 10:19 JPY 1333.00 JPY 1350.00 Hold - Maggie Yeo Nidec (JP3734800000) 27/04/2021 03:31 JPY 13970.00 JPY 16400.00 Buy Target Price Maggie Yeo 29/03/2021 08:33 JPY 13075.00 JPY 15800.00 Buy Target Price Maggie Yeo 27/01/2021 08:37 JPY 14400.00 JPY 16800.00 Buy Target Price Maggie Yeo 22/01/2021 01:22 JPY 14100.00 JPY 16700.00 Buy Target Price & Rating Maggie Yeo 18/09/2020 04:58 JPY 9568.00 JPY 9900.00 Hold Target Price Maggie Yeo 24/07/2020 10:43 JPY 8222.00 JPY 7800.00 Hold Target Price Maggie Yeo 17/07/2020 09:06 JPY 7336.00 JPY 7500.00 Hold Target Price & Rating Maggie Yeo 04/05/2020 10:02 JPY 6057.00 JPY 5300.00 Reduce Rating Maggie Yeo 16/04/2020 08:25 JPY 5878.00 JPY 5300.00 Hold - Maggie Yeo

Date of publication: 23 September 2021 Page 247 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Nike, Inc. (US6541061031) 22/12/2020 16:07 USD 144.02 USD 170.00 Buy Target Price Bruno Villeroil 10/12/2020 12:38 USD 138.79 USD 160.00 Buy Target Price Gregoire Cayeux 01/10/2020 11:03 USD 127.11 USD 145.00 Buy Target Price Tony Lau 30/07/2020 17:08 USD 96.97 USD 100.00 Buy Target Price & Rating Bruno Villeroil 29/06/2020 11:52 USD 93.67 USD 98.00 Hold Rating Gregoire Cayeux 27/03/2020 13:43 USD 84.30 USD 98.00 Buy - Gregoire Cayeux Nikon (JP3657400002) 10/09/2021 10:45 JPY 1270.00 JPY 1515.00 Buy Target Price Maggie Yeo 10/08/2021 03:47 JPY 1054.00 JPY 1320.00 Buy Target Price & Rating Maggie Yeo 28/04/2021 05:19 JPY 1023.00 JPY 1075.00 Hold Target Price Maggie Yeo 08/02/2021 09:38 JPY 901.00 JPY 900.00 Hold Target Price Maggie Yeo 06/11/2020 09:22 JPY 658.00 JPY 685.00 Hold Target Price & Rating Maggie Yeo 27/10/2020 07:06 JPY 656.00 JPY 545.00 Reduce Target Price Maggie Yeo 25/08/2020 08:48 JPY 835.00 JPY 700.00 Reduce Target Price Maggie Yeo 27/07/2020 04:47 JPY 909.00 JPY 750.00 Reduce Target Price Maggie Yeo 29/05/2020 06:52 JPY 1089.00 JPY 935.00 Reduce Rating Maggie Yeo 11/05/2020 10:51 JPY 984.00 JPY 935.00 Hold - Maggie Yeo Nine Dragons Paper (BMG653181005) 23/02/2021 10:33 HKD 15.70 HKD 15.00 Hold Target Price & Rating Maggie Yeo 16/10/2020 10:02 HKD 9.47 HKD 11.50 Buy Target Price & Rating Tony Lau 07/10/2020 05:39 HKD 9.74 HKD 10.00 Hold Rating Tony Lau 05/06/2020 05:22 HKD 6.68 HKD 10.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 248 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Nintendo (JP3756600007) 06/08/2021 05:43 JPY 55520.00 JPY 102200.00 Buy Target Price Maggie Yeo 17/06/2021 04:48 JPY 65070.00 JPY 101600.00 Buy Target Price Maggie Yeo 06/05/2021 08:57 JPY 62690.00 JPY 73000.00 Buy Target Price Maggie Yeo 18/08/2020 09:40 JPY 51550.00 JPY 72000.00 Buy Target Price Maggie Yeo 12/05/2020 08:53 JPY 43640.00 JPY 50300.00 Buy - Maggie Yeo Nio Inc (US62914V1061) 01/04/2021 06:12 USD 35.51 USD 55.00 Buy - Tony Lau Nippon Electric Glass (JP3733400000) 10/05/2021 09:06 JPY 2760.00 JPY 4200.00 Buy Target Price & Rating Maggie Yeo 29/04/2021 09:01 JPY 2670.00 JPY 3000.00 Hold Rating Maggie Yeo 05/04/2021 08:53 JPY 2540.00 JPY 3000.00 Buy Target Price Maggie Yeo 30/10/2020 09:09 JPY 2101.00 JPY 2900.00 Buy Target Price Maggie Yeo 25/03/2020 08:33 JPY 1378.00 JPY 2000.00 Buy - Maggie Yeo Nissan Motor (JP3672400003) 15/07/2021 09:24 JPY 587.10 JPY 580.00 Hold Target Price Tony Lau 21/12/2020 11:08 JPY 559.30 JPY 560.00 Hold Target Price & Rating Maggie Yeo 07/10/2020 10:07 JPY 390.10 JPY 360.00 Reduce Target Price Tony Lau 02/10/2020 08:28 JPY 371.80 JPY 300.00 Reduce Target Price Maggie Yeo 07/09/2020 09:23 JPY 422.00 JPY 360.00 Reduce Target Price & Rating Tony Lau 28/05/2020 09:42 JPY 415.50 JPY 570.00 Buy - Tony Lau Nitto Denko (JP3684000007) 28/04/2021 03:50 JPY 9410.00 JPY 9000.00 Hold Rating Maggie Yeo 28/01/2021 09:49 JPY 10100.00 JPY 9000.00 Reduce Target Price & Rating Maggie Yeo

Date of publication: 23 September 2021 Page 249 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Nitto Denko (JP3684000007) 27/10/2020 07:01 JPY 7380.00 JPY 6800.00 Hold Target Price Maggie Yeo 29/07/2020 08:25 JPY 6190.00 JPY 6000.00 Hold Target Price & Rating Maggie Yeo 28/04/2020 08:28 JPY 5060.00 JPY 4500.00 Reduce - Maggie Yeo Nn Group (NL0010773842) 09/09/2021 23:04 EUR 43.83 EUR 55.00 Buy Target Price Riadh Hendaoui 13/08/2021 11:02 EUR 45.17 EUR 52.40 Buy Target Price Gregoire Cayeux 15/06/2021 17:05 EUR 40.54 EUR 50.60 Buy Target Price Riadh Hendaoui 27/05/2021 11:31 EUR 40.72 EUR 50.00 Buy Target Price Gregoire Cayeux 28/04/2021 16:46 EUR 41.24 EUR 48.40 Buy Target Price & Rating Riadh Hendaoui 26/04/2021 17:33 EUR 41.49 EUR 41.20 Reduce Rating Riadh Hendaoui 22/02/2021 10:11 EUR 36.67 EUR 41.20 Hold Target Price Gregoire Cayeux 18/02/2021 15:25 EUR 37.31 EUR 41.10 Hold Rating Riadh Hendaoui 17/12/2020 13:21 EUR 34.37 EUR 41.10 Buy Target Price Riadh Hendaoui 01/08/2020 00:53 EUR 30.89 EUR 38.80 Buy Target Price Riadh Hendaoui 02/07/2020 18:25 EUR 30.07 EUR 35.20 Buy Target Price Rudy De Groodt 08/04/2020 11:18 EUR 24.54 EUR 38.00 Buy - Rudy De Groodt Nokia (FI0009000681) 30/07/2021 19:42 EUR 5.18 EUR 7.00 Buy Target Price Riadh Hendaoui 05/07/2021 16:39 EUR 4.58 EUR 6.40 Buy Target Price & Rating Riadh Hendaoui 30/04/2021 19:34 EUR 3.87 EUR 4.15 Hold Target Price Riadh Hendaoui 21/03/2021 04:57 EUR 3.43 EUR 3.50 Hold Rating Riadh Hendaoui 05/02/2021 21:25 EUR 3.70 EUR 3.50 Reduce Target Price & Rating Riadh Hendaoui 30/10/2020 14:29 EUR 2.81 EUR 3.10 Hold Rating Riadh Hendaoui 04/08/2020 13:08 EUR 4.28 EUR 3.10 Sell Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 250 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Nokia (FI0009000681) 04/05/2020 19:45 EUR 3.32 EUR 2.80 Sell Rating Riadh Hendaoui 18/04/2020 17:32 EUR 3.19 EUR 2.80 Reduce - Gregoire Cayeux (DE000A0D6554) 12/08/2021 12:33 EUR 17.09 EUR 20.25 Buy Target Price Torben BUMANN 16/06/2021 10:14 EUR 17.89 EUR 21.60 Buy Rating Torben BUMANN 11/05/2021 17:18 EUR 20.12 EUR 21.60 Hold - Torben BUMANN Norfolk Southern Corporation (US6558441084) 11/08/2021 08:52 USD 259.07 USD 247.00 Reduce Rating Gregoire Cayeux 30/07/2021 16:10 USD 256.04 USD 247.00 Hold Rating Bruno Villeroil 07/04/2021 08:44 USD 271.22 USD 247.00 Reduce Rating Gregoire Cayeux 29/01/2021 21:54 USD 241.79 USD 247.00 Hold Target Price & Rating Gregoire Cayeux 17/11/2020 12:49 USD 246.77 USD 210.00 Reduce Rating Bruno Villeroil 03/11/2020 01:58 USD 209.12 USD 210.00 Hold Target Price Bruno Villeroil 01/10/2020 14:00 USD 216.39 USD 202.00 Hold - Maggie Yeo Norsk Hydro (NO0005052605) 03/08/2021 20:29 NOK 59.58 NOK 68.00 Buy Target Price Bruno Villeroil 04/06/2021 18:16 NOK 54.20 NOK 63.00 Buy Target Price Bruno Villeroil 12/03/2021 19:47 NOK 52.50 NOK 61.00 Buy Target Price Bruno Villeroil 16/12/2020 20:26 NOK 39.92 NOK 47.00 Buy Target Price & Rating Bruno Villeroil 14/09/2020 19:48 NOK 27.28 NOK 29.00 Hold Target Price & Rating Bruno Villeroil 08/06/2020 10:32 NOK 27.94 NOK 26.00 Reduce Target Price & Rating Bruno Villeroil 09/04/2020 12:44 NOK 21.70 NOK 28.00 Hold Rating Bruno Villeroil 28/03/2020 19:17 NOK 21.70 NOK 28.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 251 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Northrop Grumman Corporation (US6668071029) 01/10/2020 13:34 USD 328.06 USD 450.00 Buy Target Price & Rating Maggie Yeo 11/08/2020 09:28 USD 335.73 USD 337.00 Hold Rating Gregoire Cayeux 04/08/2020 12:07 USD 323.59 USD 337.00 Buy Target Price & Rating Bruno Villeroil 04/05/2020 19:57 USD 328.06 USD 331.00 Hold - Bruno Villeroil Nortonlifelock Inc. (US6687711084) 12/06/2021 09:57 USD 28.59 No Opinion Target Price & Rating Gregoire Cayeux 03/06/2021 08:33 USD 28.49 USD 25.00 Reduce Rating Alexis TAY 17/05/2021 11:03 USD 25.03 USD 25.00 Hold Rating Alexis TAY 01/10/2020 12:42 USD 21.06 USD 25.00 Buy - Alexis TAY Nov Inc. (US62955J1034) 03/08/2021 09:15 USD 13.66 USD 15.00 Buy Target Price Godfrey OYENIRAN 03/05/2021 09:43 USD 14.95 USD 16.00 Buy Target Price & Rating Godfrey OYENIRAN 23/02/2021 11:46 USD 15.00 USD 10.00 Sell - Gregoire Cayeux Novartis (CH0012005267) 28/07/2021 15:14 CHF 83.28 CHF 91.00 Hold Rating Riadh Hendaoui 09/05/2021 11:39 CHF 79.08 CHF 91.00 Buy Target Price Gregoire Cayeux 07/04/2021 18:48 CHF 81.38 CHF 95.00 Buy Target Price Mehdi Slimani 15/01/2021 12:51 CHF 83.52 CHF 92.00 Buy Target Price & Rating Gregoire Cayeux 18/11/2020 15:54 CHF 78.80 CHF 86.00 Hold Rating Gregoire Cayeux 21/10/2020 10:52 CHF 77.77 CHF 86.00 Buy Rating Mehdi Slimani 15/07/2020 16:09 CHF 81.50 CHF 86.00 Hold Target Price Mehdi Slimani 30/04/2020 09:17 CHF 85.06 CHF 88.00 Hold - Mehdi Slimani

Date of publication: 23 September 2021 Page 252 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Novo Nordisk (DK0060534915) 25/08/2021 15:21 DKK 658.90 DKK 510.00 Sell Target Price & Rating Mehdi Slimani 17/04/2021 12:38 DKK 449.25 DKK 425.00 Reduce Target Price Gregoire Cayeux 14/11/2020 17:32 DKK 429.00 DKK 415.00 Reduce - Gregoire Cayeux Novozymes (DK0060336014) 16/08/2021 13:27 DKK 493.00 DKK 445.00 Reduce Target Price Gregoire Cayeux 06/07/2021 20:31 DKK 474.60 DKK 405.00 Reduce Target Price Bruno Villeroil 28/04/2021 20:17 DKK 444.70 DKK 385.00 Reduce Target Price Bruno Villeroil 04/02/2021 16:38 DKK 379.00 DKK 365.00 Reduce Target Price Bruno Villeroil 22/10/2020 16:38 DKK 392.50 DKK 378.00 Reduce Target Price Bruno Villeroil 01/10/2020 19:48 DKK 399.90 DKK 376.00 Reduce Target Price Bruno Villeroil 13/08/2020 20:00 DKK 368.90 DKK 350.00 Reduce Target Price Gregoire Cayeux 15/07/2020 18:37 DKK 395.80 DKK 360.00 Reduce Target Price Mehdi Slimani 05/05/2020 12:45 DKK 338.40 DKK 335.00 Reduce Target Price & Rating Bruno Villeroil 04/04/2020 14:39 DKK 312.60 DKK 315.00 Hold - Gregoire Cayeux Nucor Corporation (US6703461052) 23/07/2021 12:11 USD 93.85 USD 101.00 Hold Target Price Bruno Villeroil 24/04/2021 23:04 USD 77.83 USD 77.00 Hold Target Price Gregoire Cayeux 01/02/2021 09:09 USD 50.33 USD 52.00 Hold Target Price Gregoire Cayeux 26/10/2020 12:02 USD 50.19 USD 50.00 Hold Target Price Bruno Villeroil 01/10/2020 13:59 USD 45.68 USD 45.00 Hold Target Price & Rating Maggie Yeo 18/09/2020 12:29 USD 48.97 USD 42.00 Reduce Target Price & Rating Bruno Villeroil 30/04/2020 12:27 USD 42.50 USD 41.00 Hold - Bruno Villeroil

Date of publication: 23 September 2021 Page 253 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Nutrien Ltd. (CA67077M1086) 11/08/2021 08:38 USD 64.03 USD 75.00 Buy Target Price Gregoire Cayeux 13/08/2020 11:28 CAD 51.09 CAD 82.00 Buy Target Price Gregoire Cayeux 09/05/2020 18:10 CAD 49.40 CAD 85.00 Buy - Gregoire Cayeux Nvidia Corporation (US67066G1040) 23/07/2021 11:25 USD 194.10 USD 212.00 Buy Target Price Alexis TAY 05/07/2021 04:31 USD 799.40 USD 850.00 Buy Target Price Alexis TAY 28/05/2021 07:39 USD 619.52 USD 680.00 Buy Target Price Alexis TAY 26/02/2021 07:19 USD 532.30 USD 630.00 Buy Target Price & Rating CFRA Research 17/02/2021 04:12 USD 598.45 USD 580.00 Hold Rating Alexis TAY 20/11/2020 12:10 USD 537.61 USD 580.00 Buy Target Price & Rating Alexis TAY 21/10/2020 12:54 USD 545.82 USD 530.00 Hold Rating Alexis TAY 01/10/2020 12:14 USD 505.51 USD 530.00 Buy Target Price & Rating Alexis TAY 16/09/2020 10:02 USD 519.64 USD 300.00 Sell Target Price Riadh Hendaoui 21/08/2020 10:31 USD 485.64 USD 250.00 Sell Target Price Gregoire Cayeux 25/05/2020 05:10 USD 361.05 USD 200.00 Sell - Riadh Hendaoui Nxp Semiconductors N.V. (NL0009538784) 30/04/2021 08:23 USD 203.40 USD 234.00 Buy Target Price Alexis TAY 04/02/2021 10:12 USD 174.10 USD 200.00 Buy Target Price Alexis TAY 29/10/2020 04:53 USD 133.23 USD 160.00 Buy Target Price Alexis TAY 01/10/2020 12:34 USD 122.63 USD 140.00 Buy - Alexis TAY O'Reilly Automotive, Inc. (US67103H1077) 27/07/2021 12:23 USD 619.56 USD 665.00 Buy Target Price Bruno Villeroil 29/04/2021 11:19 USD 528.95 USD 605.00 Buy Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 254 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

O'Reilly Automotive, Inc. (US67103H1077) 12/02/2021 09:51 USD 433.16 USD 575.00 Buy Target Price Riadh Hendaoui 01/10/2020 10:48 USD 461.08 USD 590.00 Buy - Timothy FUNG Ocado (GB00B3MBS747) 15/09/2021 15:13 GBP 1859.00 GBP 860.00 Sell Target Price Gregoire Cayeux 16/02/2021 21:48 GBP 2651.00 GBP 870.00 Sell Target Price Gregoire Cayeux 02/02/2021 20:19 GBP 2828.00 GBP 915.00 Sell Target Price Gregoire Cayeux 24/11/2020 22:10 GBP 2244.00 GBP 900.00 Sell Target Price Gregoire Cayeux 22/09/2020 09:49 GBP 2803.00 GBP 880.00 Sell Target Price Gregoire Cayeux 20/07/2020 22:14 GBP 2140.00 GBP 850.00 Sell - Riadh Hendaoui Ocbc (SG1S04926220) 10/08/2021 03:58 SGD 12.42 SGD 14.45 Buy Target Price Maggie Yeo 10/05/2021 09:07 SGD 12.40 SGD 14.10 Buy Target Price Maggie Yeo 23/04/2021 08:28 SGD 11.72 SGD 13.00 Buy Target Price Maggie Yeo 25/02/2021 04:47 SGD 10.85 SGD 12.50 Buy Target Price & Rating Maggie Yeo 18/01/2021 09:23 SGD 10.67 SGD 10.44 Hold Target Price Maggie Yeo 06/11/2020 09:24 SGD 8.93 SGD 9.15 Hold Target Price Maggie Yeo 11/08/2020 08:18 SGD 8.72 SGD 8.85 Hold Target Price & Rating Maggie Yeo 11/06/2020 07:57 SGD 9.73 SGD 11.20 Buy Target Price & Rating Maggie Yeo 11/05/2020 11:01 SGD 8.88 SGD 9.67 Hold Target Price & Rating Maggie Yeo 24/04/2020 11:14 SGD 8.65 SGD 10.00 Buy - Maggie Yeo Occidental Petroleum Corporation (US6745991058) 09/08/2021 09:29 USD 26.39 USD 29.00 Buy Target Price & Rating Godfrey OYENIRAN 15/06/2021 09:41 USD 29.19 USD 28.00 Hold Rating Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 255 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Occidental Petroleum Corporation (US6745991058) 14/05/2021 04:21 USD 25.12 USD 28.00 Buy Target Price & Rating Godfrey OYENIRAN 09/03/2021 03:55 USD 31.23 USD 30.00 Hold Rating Godfrey OYENIRAN 26/02/2021 09:40 USD 26.75 USD 30.00 Buy Target Price & Rating Godfrey OYENIRAN 11/11/2020 08:17 USD 12.38 USD 12.00 Hold Target Price & Rating Godfrey OYENIRAN 01/10/2020 09:56 USD 10.01 USD 11.00 Buy Target Price Maggie Yeo 21/08/2020 09:59 USD 13.40 USD 26.00 Buy Target Price Mehdi Slimani 13/08/2020 11:59 USD 14.92 USD 24.00 Buy Target Price Gregoire Cayeux 11/05/2020 09:04 USD 15.02 USD 25.00 Buy Target Price Mehdi Slimani 25/04/2020 12:41 USD 13.81 USD 35.00 Buy Target Price Gregoire Cayeux 09/04/2020 13:54 USD 15.56 USD 37.00 Buy Target Price Gregoire Cayeux 26/03/2020 12:39 USD 12.00 USD 42.00 Buy - Mehdi Slimani Oerlikon (CH0000816824) 17/08/2021 11:35 CHF 10.54 CHF 13.25 Buy Target Price Torben BUMANN 26/05/2021 10:37 CHF 10.02 CHF 12.00 Buy Rating Torben BUMANN 04/05/2021 11:15 CHF 11.00 CHF 12.00 Hold Rating Torben BUMANN 23/04/2021 11:16 CHF 10.37 CHF 12.00 Buy Rating Torben BUMANN 26/03/2021 10:43 CHF 10.81 CHF 12.00 Hold Target Price Torben BUMANN 02/03/2021 17:26 CHF 10.24 CHF 11.25 Hold Rating Torben BUMANN 16/02/2021 17:11 CHF 9.82 CHF 11.25 Buy Target Price Torben BUMANN 25/11/2020 17:28 CHF 8.44 CHF 9.50 Buy Target Price & Rating Torben BUMANN 03/11/2020 10:28 CHF 6.65 CHF 6.75 Hold Target Price Torben BUMANN 16/06/2020 11:41 CHF 7.50 CHF 8.00 Hold Rating Torben BUMANN 05/05/2020 10:31 CHF 6.90 CHF 8.00 Buy Rating Torben BUMANN 30/03/2020 11:41 CHF 7.32 CHF 8.00 Hold - Gregoire Cayeux

Date of publication: 23 September 2021 Page 256 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Oji Holdings (JP3174410005) 22/03/2021 06:49 JPY 740.00 JPY 950.00 Buy Target Price Maggie Yeo 30/11/2020 07:33 JPY 477.00 JPY 800.00 Buy Target Price Maggie Yeo 02/07/2020 07:42 JPY 489.00 JPY 900.00 Buy Target Price Maggie Yeo 26/05/2020 07:50 JPY 526.00 JPY 850.00 Buy - Maggie Yeo Omnicom Group Inc. (US6819191064) 21/07/2021 16:10 USD 73.07 USD 82.00 Hold Target Price Gregoire Cayeux 04/03/2021 08:27 USD 70.58 USD 70.00 Hold Target Price & Rating Alexis TAY 01/10/2020 12:16 USD 48.81 USD 58.00 Buy Target Price Alexis TAY 08/04/2020 10:44 USD 54.26 USD 79.00 Buy Target Price Mehdi Slimani 07/04/2020 12:07 USD 53.70 USD 83.00 Buy - Mehdi Slimani Omron Corporation (JP3197800000) 31/08/2021 12:55 JPY 10260.00 JPY 12000.00 Buy Target Price & Rating Maggie Yeo 23/07/2021 10:22 JPY 8970.00 JPY 9000.00 Hold Target Price & Rating Maggie Yeo 29/04/2021 08:50 JPY 8590.00 JPY 10000.00 Buy Target Price & Rating Maggie Yeo 21/07/2020 09:01 JPY 7300.00 JPY 7500.00 Hold Target Price Maggie Yeo 24/04/2020 10:49 JPY 5710.00 JPY 5750.00 Hold - Maggie Yeo On Semiconductor Corporation (US6821891057) 04/08/2021 10:05 USD 43.64 USD 50.00 Buy Target Price Alexis TAY 30/07/2021 06:39 USD 35.82 USD 41.00 Buy Rating Alexis TAY 05/07/2021 04:32 USD 38.66 USD 41.00 Hold Rating Alexis TAY 04/05/2021 12:42 USD 37.57 USD 41.00 Buy Target Price Alexis TAY 04/02/2021 10:12 USD 36.71 USD 40.00 Buy Target Price Alexis TAY 10/11/2020 10:19 USD 24.36 USD 30.00 Buy Target Price & Rating Alexis TAY

Date of publication: 23 September 2021 Page 257 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

On Semiconductor Corporation (US6821891057) 23/10/2020 08:37 USD 26.07 USD 25.00 Hold Rating Alexis TAY 01/10/2020 12:34 USD 20.82 USD 25.00 Buy - Alexis TAY Ontex Group (BE0974276082) 28/06/2021 09:08 EUR 10.50 Conflict of Interest Target Price & Rating Gregoire Cayeux 13/04/2021 12:02 EUR 9.22 EUR 15.50 Buy Target Price Gregoire Cayeux 11/11/2020 08:54 EUR 10.53 EUR 16.00 Buy Target Price Gregoire Cayeux 02/11/2020 11:41 EUR 9.48 EUR 17.00 Buy Target Price Gregoire Cayeux 31/07/2020 14:23 EUR 12.20 EUR 20.00 Buy Target Price Patrick Casselman 30/07/2020 13:54 EUR 11.79 EUR 22.00 Buy Target Price Patrick Casselman 24/04/2020 16:09 EUR 14.82 EUR 21.00 Buy - Rudy De Groodt Oracle Corporation (US68389X1054) 23/06/2021 04:48 USD 77.99 USD 72.00 Reduce Target Price & Rating Alexis TAY 19/03/2021 11:02 USD 66.85 USD 64.00 Hold Target Price & Rating Alexis TAY 16/12/2020 11:15 USD 61.86 USD 52.00 Sell Target Price Alexis TAY 01/10/2020 12:16 USD 60.62 USD 48.00 Sell Target Price Alexis TAY 15/09/2020 11:14 USD 59.46 USD 50.00 Sell Rating Riadh Hendaoui 20/08/2020 09:02 USD 56.20 USD 50.00 Reduce Target Price & Rating Gregoire Cayeux 01/07/2020 14:52 USD 55.27 No Opinion Target Price & Rating Riadh Hendaoui 07/04/2020 16:46 USD 51.49 USD 50.00 Hold - Riadh Hendaoui Orange (FR0000133308) 23/08/2021 14:30 EUR 9.82 EUR 10.00 Hold Target Price & Rating Mehdi Slimani 03/12/2020 09:02 EUR 10.47 Conflict of Interest Target Price & Rating Gregoire Cayeux 31/10/2020 12:45 EUR 9.63 EUR 9.50 Reduce Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 258 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Orange (FR0000133308) 01/10/2020 19:04 EUR 8.88 EUR 9.50 Hold Target Price Mehdi Slimani 31/07/2020 14:37 EUR 9.96 EUR 10.25 Hold Target Price Mehdi Slimani 30/03/2020 18:17 EUR 10.94 EUR 11.50 Hold - Mehdi Slimani Orange Belgium (BE0003735496) 13/09/2021 15:51 EUR 19.50 No Opinion Target Price & Rating Gregoire Cayeux 26/07/2021 16:04 EUR 19.46 EUR 22.00 Hold Target Price & Rating Bruno Villeroil 03/12/2020 09:02 EUR 21.95 Conflict of Interest Target Price & Rating Gregoire Cayeux 24/07/2020 10:20 EUR 14.38 EUR 18.50 Buy Target Price Patrick Casselman 24/04/2020 12:31 EUR 15.16 EUR 23.00 Buy - Patrick Casselman Orpea (FR0000184798) 25/03/2021 18:33 EUR 99.90 Conflict of Interest Target Price & Rating Gregoire Cayeux 24/03/2021 12:21 EUR 99.86 EUR 110.00 Hold Target Price & Rating Gregoire Cayeux 24/09/2020 17:45 EUR 90.44 EUR 105.00 Buy Rating Mehdi Slimani 24/04/2020 18:06 EUR 99.00 EUR 105.00 Hold - Gregoire Cayeux Orsted (DK0060094928) 04/06/2021 19:51 DKK 872.80 DKK 805.00 Reduce Target Price & Rating Mehdi Slimani 04/11/2020 19:39 DKK 1048.00 Conflict of Interest Target Price & Rating Gregoire Cayeux 29/10/2020 14:34 DKK 944.00 DKK 700.00 Sell Target Price Mehdi Slimani 13/08/2020 12:33 DKK 887.80 DKK 690.00 Sell Target Price Gregoire Cayeux 21/07/2020 11:28 DKK 879.00 DKK 696.00 Sell Target Price & Rating Mehdi Slimani 01/05/2020 16:44 DKK 688.40 DKK 600.00 Reduce Target Price Gregoire Cayeux 14/04/2020 16:11 DKK 654.60 DKK 590.00 Reduce - Gregoire Cayeux

Date of publication: 23 September 2021 Page 259 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Osaka Gas (JP3180400008) 20/07/2020 10:00 JPY 2105.00 JPY 2450.00 Buy Target Price Maggie Yeo 12/05/2020 09:31 JPY 2043.00 JPY 2460.00 Buy - Maggie Yeo Pakuwon Jati (ID1000122500) 16/04/2021 10:22 IDR 515.00 IDR 620.00 Buy Target Price & Rating Maggie Yeo 11/11/2020 03:45 IDR 464.00 IDR 460.00 Hold Rating Maggie Yeo 02/10/2020 03:31 IDR 354.00 IDR 460.00 Buy Target Price Maggie Yeo 05/06/2020 05:22 IDR 414.00 IDR 500.00 Buy - Maggie Yeo Palo Alto Networks, Inc. (US6974351057) 31/08/2021 20:13 USD 458.81 USD 500.00 Buy Target Price Gregoire Cayeux 25/02/2021 09:55 USD 369.61 USD 400.00 Buy Rating Alexis TAY 22/02/2021 03:08 USD 390.53 USD 400.00 Hold Target Price & Rating Alexis TAY 01/10/2020 12:24 USD 237.99 USD 300.00 Buy Target Price Alexis TAY 02/04/2020 14:53 USD 163.86 USD 305.00 Buy - Riadh Hendaoui Panasonic Corporation (JP3866800000) 17/02/2021 03:59 JPY 1498.00 JPY 1900.00 Buy Target Price Maggie Yeo 03/02/2021 07:36 JPY 1381.50 JPY 1850.00 Buy Target Price Maggie Yeo 23/11/2020 04:51 JPY 1083.50 JPY 1440.00 Buy Target Price Maggie Yeo 11/11/2020 03:59 JPY 1018.00 JPY 1425.00 Buy Target Price Maggie Yeo 30/10/2020 09:23 JPY 915.50 JPY 1400.00 Buy Target Price Maggie Yeo 15/06/2020 08:10 JPY 951.30 JPY 1365.00 Buy Target Price Maggie Yeo 08/04/2020 10:18 JPY 832.80 JPY 1300.00 Buy - Maggie Yeo Partners Group (CH0024608827) 08/09/2021 14:49 CHF 1636.50 CHF 1250.00 Sell Rating Torben BUMANN

Date of publication: 23 September 2021 Page 260 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Partners Group (CH0024608827) 16/07/2021 11:38 CHF 1434.00 CHF 1250.00 Reduce Target Price & Rating Torben BUMANN 26/03/2021 10:46 CHF 1203.00 CHF 1000.00 Sell Rating Torben BUMANN 15/01/2021 14:27 CHF 1037.50 CHF 1000.00 Reduce Target Price Torben BUMANN 14/12/2020 10:37 CHF 980.80 CHF 900.00 Reduce Rating Torben BUMANN 15/07/2020 17:47 CHF 873.00 CHF 900.00 Hold Target Price & Rating Torben BUMANN 04/06/2020 11:16 CHF 826.40 CHF 800.00 Reduce Rating Torben BUMANN 24/03/2020 10:22 CHF 569.60 CHF 800.00 Buy - Torben BUMANN Paychex, Inc. (US7043261079) 19/07/2021 05:47 USD 111.67 USD 111.00 Hold Target Price & Rating Alexis TAY 08/04/2021 12:03 USD 95.42 USD 99.00 Buy Target Price & Rating Alexis TAY 08/01/2021 11:46 USD 92.14 USD 94.00 Hold Target Price Alexis TAY 29/10/2020 04:54 USD 85.03 USD 84.00 Hold Rating Alexis TAY 09/10/2020 08:33 USD 79.43 USD 84.00 Buy Target Price & Rating Alexis TAY 01/10/2020 12:35 USD 79.58 USD 74.00 Hold - Alexis TAY Paypal Holdings, Inc. (US70450Y1038) 16/08/2021 09:51 USD 274.91 USD 290.00 Buy Rating Alexis TAY 03/08/2021 08:36 USD 283.17 USD 290.00 Hold Target Price & Rating Alexis TAY 10/03/2021 03:47 USD 226.09 USD 275.00 Buy Rating Alexis TAY 05/02/2021 11:56 USD 270.43 USD 275.00 Hold Target Price Alexis TAY 04/11/2020 09:04 USD 187.76 USD 190.00 Hold Target Price Alexis TAY 30/10/2020 07:57 USD 203.04 USD 200.00 Hold Rating Alexis TAY 01/10/2020 12:17 USD 187.78 USD 200.00 Buy Target Price & Rating Alexis TAY 31/07/2020 12:11 USD 192.51 USD 110.00 Sell Target Price Riadh Hendaoui 09/05/2020 15:55 USD 144.96 USD 94.00 Sell - Gregoire Cayeux

Date of publication: 23 September 2021 Page 261 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Pearson (GB0006776081) 06/05/2021 14:08 GBP 807.40 GBP 950.00 Buy Target Price & Rating Gregoire Cayeux 21/01/2021 13:42 GBP 737.20 GBP 700.00 Reduce Rating Gregoire Cayeux 07/11/2020 08:36 GBP 540.00 GBP 700.00 Buy Target Price & Rating Gregoire Cayeux 28/09/2020 18:07 GBP 552.20 GBP 550.00 Reduce Target Price Mehdi Slimani 30/06/2020 16:40 GBP 582.40 GBP 500.00 Reduce Rating Mehdi Slimani 24/03/2020 14:45 GBP 454.50 GBP 500.00 Hold - Gregoire Cayeux Pegatron (TW0004938006) 07/06/2021 11:52 TWD 73.40 No Opinion Target Price & Rating Tony Lau 15/05/2020 10:27 TWD 66.00 TWD 62.60 Hold - Tony Lau Pennon Group (GB00B18V8630) 29/06/2021 08:20 GBP 1149.50 GBP 1100.00 Reduce Target Price & Rating Gregoire Cayeux 20/04/2021 19:39 GBP 1044.00 GBP 1190.00 Buy Target Price Mehdi Slimani 17/12/2020 07:34 GBP 965.40 GBP 1220.00 Buy Rating Gregoire Cayeux 16/06/2020 13:05 GBP 1107.00 GBP 1220.00 Hold Target Price Mehdi Slimani 08/04/2020 17:16 GBP 1016.00 GBP 1080.00 Hold - Mehdi Slimani Pepsico, Inc. (US7134481081) 17/07/2021 10:21 USD 155.82 USD 170.00 Buy Target Price Gregoire Cayeux 17/04/2021 19:31 USD 144.16 USD 165.00 Buy Target Price Gregoire Cayeux 05/10/2020 15:54 USD 138.06 USD 160.00 Buy Target Price Gregoire Cayeux 01/10/2020 08:48 USD 138.60 USD 155.00 Buy Target Price Timothy FUNG 01/05/2020 09:54 USD 132.29 USD 140.00 Buy Rating Gregoire Cayeux 29/04/2020 10:30 USD 136.32 USD 140.00 Hold - Gregoire Cayeux

Date of publication: 23 September 2021 Page 262 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Perfect World (A-Share) (CNE1000018W6) 26/05/2021 04:26 CNY 22.07 CNY 30.00 Buy Target Price Tony Lau 24/03/2020 03:11 CNY 47.99 CNY 60.00 Buy - Tony Lau Perkinelmer, Inc. (US7140461093) 06/09/2021 13:49 USD 190.50 USD 200.00 Buy Target Price Gregoire Cayeux 27/07/2021 12:13 USD 172.11 USD 180.00 Buy Target Price Bruno Villeroil 06/05/2021 08:54 USD 136.57 USD 160.00 Buy Target Price Mehdi Slimani 08/01/2021 19:27 USD 160.53 USD 171.00 Buy Target Price Gregoire Cayeux 08/12/2020 08:38 USD 143.89 USD 156.00 Buy Target Price Gregoire Cayeux 29/10/2020 20:54 USD 124.40 USD 140.00 Buy Target Price Mehdi Slimani 19/10/2020 18:24 USD 124.02 USD 136.00 Buy Target Price & Rating Mehdi Slimani 01/10/2020 11:35 USD 119.80 USD 122.00 Hold - Godfrey OYENIRAN Pernod Ricard (FR0000120693) 15/09/2021 12:52 EUR 189.60 EUR 230.00 Buy Target Price & Rating Gregoire Cayeux 02/09/2021 10:53 EUR 184.55 EUR 180.00 Reduce Target Price Gregoire Cayeux 24/06/2021 10:38 EUR 183.50 EUR 175.00 Reduce Target Price Gregoire Cayeux 24/04/2021 12:04 EUR 173.45 EUR 170.00 Reduce Target Price & Rating Gregoire Cayeux 15/02/2021 14:14 EUR 159.30 EUR 160.00 Hold Target Price & Rating Gregoire Cayeux 23/10/2020 13:05 EUR 146.45 EUR 140.00 Reduce Target Price & Rating Gregoire Cayeux 29/09/2020 08:10 EUR 135.95 EUR 135.00 Hold Rating Gregoire Cayeux 24/04/2020 12:55 EUR 137.75 EUR 135.00 Reduce Rating Gregoire Cayeux 25/03/2020 17:39 EUR 127.65 EUR 135.00 Hold Target Price & Rating Gregoire Cayeux 24/03/2020 13:50 EUR 123.20 EUR 171.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 263 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Petrochina (CNE1000003W8) 14/09/2021 04:50 HKD 3.41 HKD 3.55 Hold Target Price Maggie Yeo 27/08/2021 10:55 HKD 3.14 HKD 3.45 Hold Target Price Maggie Yeo 15/07/2021 09:11 HKD 3.48 HKD 3.80 Hold Target Price Maggie Yeo 10/03/2021 09:39 HKD 2.97 HKD 3.15 Hold Target Price Maggie Yeo 21/12/2020 09:43 HKD 2.42 HKD 2.50 Hold Rating Maggie Yeo 30/10/2020 09:17 HKD 2.18 HKD 2.50 Buy Target Price Maggie Yeo 17/08/2020 06:19 HKD 2.71 HKD 3.00 Buy Rating Maggie Yeo 27/07/2020 04:55 HKD 2.86 HKD 3.00 Hold Target Price & Rating Maggie Yeo 17/07/2020 08:52 HKD 2.62 HKD 2.90 Buy Target Price Maggie Yeo 06/05/2020 08:47 HKD 2.60 HKD 3.50 Buy Target Price Alexis TAY 25/03/2020 08:36 HKD 2.45 HKD 4.50 Buy Target Price Alexis TAY 23/03/2020 08:04 HKD 2.44 HKD 5.50 Buy - Alexis TAY Chemicals Group (MYL5183OO008) 20/11/2020 07:18 MYR 6.77 MYR 8.10 Buy Target Price Maggie Yeo 07/09/2020 09:24 MYR 5.55 MYR 6.80 Buy Target Price Maggie Yeo 22/05/2020 05:19 MYR 6.17 MYR 7.50 Buy - Maggie Yeo Petronas Dagangan (MYL5681OO001) 26/08/2020 04:45 MYR 21.22 MYR 19.30 Hold Rating Maggie Yeo 08/06/2020 09:57 MYR 21.90 MYR 19.30 Reduce - Maggie Yeo Petróleo Brasileiro S.A. - Petrobras (US71654V4086) 24/02/2021 04:52 USD 7.94 USD 6.00 Sell Target Price & Rating Godfrey OYENIRAN 11/11/2020 07:50 USD 8.79 USD 8.00 Reduce Rating Godfrey OYENIRAN 11/11/2020 03:28 USD 6.88 USD 8.00 Buy Target Price Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 264 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Petróleo Brasileiro S.A. - Petrobras (US71654V4086) 01/10/2020 09:35 USD 7.12 USD 10.00 Buy Target Price Maggie Yeo 28/03/2020 15:31 USD 5.19 USD 10.80 Buy - Gregoire Cayeux (DE0006916604) 22/07/2021 22:22 EUR 172.20 EUR 190.00 Hold Rating Bruno Villeroil 16/07/2021 11:57 EUR 171.00 EUR 190.00 Buy Target Price & Rating Torben BUMANN 20/04/2021 17:17 EUR 173.40 No Opinion Target Price & Rating Torben BUMANN 16/04/2021 14:33 EUR 155.40 EUR 137.00 Reduce Rating Torben BUMANN 12/01/2021 10:32 EUR 180.00 EUR 137.00 Sell Rating Torben BUMANN 10/11/2020 13:49 EUR 159.20 EUR 137.00 Reduce Target Price & Rating Torben BUMANN 05/08/2020 17:53 EUR 168.20 EUR 130.00 Sell Target Price & Rating Bruno Villeroil 23/06/2020 10:11 EUR 154.80 EUR 140.00 Reduce Rating Torben BUMANN 05/06/2020 10:15 EUR 167.20 EUR 140.00 Sell Target Price & Rating Torben BUMANN 22/04/2020 12:22 EUR 147.80 EUR 143.00 Reduce Rating Torben BUMANN 25/03/2020 10:35 EUR 129.70 EUR 143.00 Hold - Torben BUMANN Pfizer Inc. (US7170811035) 24/08/2021 11:29 USD 49.93 USD 57.00 Buy Target Price Mehdi Slimani 14/08/2021 09:02 USD 48.48 USD 54.00 Buy Target Price Gregoire Cayeux 29/07/2021 17:44 USD 43.45 USD 48.00 Buy Target Price Bruno Villeroil 05/05/2021 14:44 USD 39.95 USD 45.00 Buy Target Price Gregoire Cayeux 20/04/2021 19:43 USD 38.93 USD 43.00 Buy Target Price Mehdi Slimani 17/02/2021 09:22 USD 34.69 USD 39.00 Buy Target Price & Rating Mehdi Slimani 03/02/2021 21:25 USD 34.99 USD 36.00 Hold Target Price & Rating Mehdi Slimani 21/01/2021 10:52 USD 36.50 USD 44.00 Buy Target Price Gregoire Cayeux 10/11/2020 18:04 USD 39.20 USD 50.00 Buy Target Price Mehdi Slimani

Date of publication: 23 September 2021 Page 265 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Pfizer Inc. (US7170811035) 01/10/2020 12:45 USD 36.25 USD 42.00 Buy Target Price Godfrey OYENIRAN 02/06/2020 11:07 USD 35.46 USD 42.50 Buy Target Price Mehdi Slimani 04/04/2020 10:18 USD 33.64 USD 44.00 Buy - Gregoire Cayeux Philips (NL0000009538) 27/04/2021 19:16 EUR 48.57 EUR 52.00 Hold Rating Mehdi Slimani 26/01/2021 20:57 EUR 46.69 EUR 52.00 Buy Target Price Mehdi Slimani 21/10/2020 10:16 EUR 43.21 EUR 48.00 Buy Rating Mehdi Slimani 21/07/2020 21:34 EUR 45.73 EUR 48.00 Hold Rating Mehdi Slimani 08/06/2020 11:53 EUR 41.96 EUR 48.00 Buy Target Price Mehdi Slimani 21/04/2020 20:28 EUR 39.72 EUR 46.00 Buy - Mehdi Slimani Phillips 66 (US7185461040) 11/08/2021 17:42 USD 74.23 USD 90.00 Buy Target Price & Rating Gregoire Cayeux 06/08/2021 02:35 USD 71.64 No Opinion Target Price & Rating Godfrey OYENIRAN 04/08/2021 10:24 USD 76.07 USD 90.00 Buy Rating Godfrey OYENIRAN 15/06/2021 09:42 USD 91.44 USD 90.00 Hold Rating Godfrey OYENIRAN 03/05/2021 09:40 USD 80.91 USD 90.00 Buy Target Price & Rating Godfrey OYENIRAN 08/03/2021 11:53 USD 87.35 USD 75.00 Reduce Rating Godfrey OYENIRAN 02/02/2021 10:37 USD 67.38 USD 75.00 Buy Target Price Godfrey OYENIRAN 01/12/2020 07:16 USD 60.58 USD 73.00 Buy Target Price & Rating Godfrey OYENIRAN 11/11/2020 08:00 USD 58.14 USD 57.00 Hold Rating Godfrey OYENIRAN 10/11/2020 10:49 USD 48.19 USD 57.00 Buy Target Price Godfrey OYENIRAN 01/04/2020 15:53 USD 53.65 USD 88.00 Buy - Mehdi Slimani

Date of publication: 23 September 2021 Page 266 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Phoenix Healthcare (KYG2133W1087) 04/08/2020 13:21 HKD 5.59 HKD 6.00 Hold - Tony Lau Picc Property And Casualty (CNE100000593) 20/04/2021 10:18 HKD 6.88 HKD 8.50 Buy Target Price & Rating Tony Lau 18/09/2020 10:29 HKD 5.73 HKD 6.80 Hold Target Price Tony Lau 31/03/2020 09:50 HKD 7.26 HKD 8.00 Hold - Tony Lau Pinduoduo (US7223041028) 08/09/2021 09:24 USD 107.74 USD 120.00 Hold Target Price & Rating Alexis TAY 29/07/2021 08:53 USD 79.53 USD 105.00 Buy Target Price Alexis TAY 28/05/2021 07:35 USD 119.66 USD 170.00 Buy Target Price Alexis TAY 19/03/2021 11:05 USD 141.82 USD 180.00 Buy Target Price Alexis TAY 11/01/2021 11:10 USD 180.77 USD 210.00 Buy Target Price Alexis TAY 19/11/2020 07:01 USD 132.37 USD 160.00 Buy Target Price & Rating Alexis TAY 18/06/2020 11:04 USD 82.80 USD 90.00 Hold - Alexis TAY Ping An Healthcare And Technology (KYG711391022) 04/06/2021 11:42 HKD 90.90 HKD 120.00 Buy Target Price Tony Lau 03/06/2021 05:45 HKD 91.50 HKD 123.00 Buy Target Price Tony Lau 24/03/2021 08:11 HKD 96.85 HKD 122.00 Buy Target Price & Rating Tony Lau 17/02/2021 08:57 HKD 138.30 HKD 150.00 Hold Target Price & Rating Tony Lau 05/01/2021 08:19 HKD 90.75 HKD 115.00 Buy Target Price Tony Lau 30/09/2020 05:49 HKD 106.80 HKD 130.00 Buy Target Price Tony Lau 04/08/2020 13:30 HKD 133.00 HKD 160.00 Buy Target Price & Rating Tony Lau 21/04/2020 03:23 HKD 96.00 HKD 110.00 Hold Target Price & Rating Tony Lau 01/04/2020 04:23 HKD 70.75 HKD 90.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 267 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ping An Insurance (CNE1000003X6) 05/01/2021 07:30 HKD 94.30 HKD 115.00 Buy Target Price Tony Lau 03/07/2020 11:05 HKD 79.95 HKD 102.00 Buy Target Price Tony Lau 24/04/2020 04:53 HKD 78.05 HKD 118.00 Buy - Tony Lau Ping An Insurance (A-Share) (CNE000001R84) 05/01/2021 04:53 CNY 87.69 CNY 104.00 Buy Target Price Tony Lau 03/07/2020 11:09 CNY 76.00 CNY 94.00 Buy - Tony Lau Pinterest, Inc. (US72352L1061) 03/08/2021 15:22 USD 57.12 USD 96.00 Buy Target Price Gregoire Cayeux 10/02/2021 08:49 USD 79.41 USD 93.00 Buy Target Price Gregoire Cayeux 04/11/2020 09:12 USD 58.38 USD 72.00 Buy Target Price Alexis TAY 23/10/2020 08:38 USD 43.65 USD 54.00 Buy Target Price & Rating Alexis TAY 01/10/2020 12:17 USD 39.55 USD 40.00 Hold Target Price & Rating Alexis TAY 04/08/2020 16:04 USD 36.08 USD 31.00 Reduce Target Price & Rating Gregoire Cayeux 10/07/2020 11:32 USD 27.42 USD 27.00 Hold Target Price & Rating Mehdi Slimani 09/04/2020 11:06 USD 16.83 USD 26.00 Buy - Gregoire Cayeux Pirelli (IT0005278236) 20/09/2021 19:30 EUR 5.18 EUR 5.40 Hold Target Price Bruno Villeroil 22/04/2021 20:10 EUR 4.90 EUR 5.00 Hold Target Price & Rating Bruno Villeroil 19/11/2020 20:28 EUR 4.29 EUR 4.20 Reduce Target Price & Rating Bruno Villeroil 20/10/2020 11:17 EUR 3.70 EUR 3.80 Hold Target Price Bruno Villeroil 24/09/2020 16:04 EUR 3.82 EUR 4.30 Hold Target Price & Rating Bruno Villeroil 24/06/2020 16:12 EUR 4.01 EUR 3.80 Reduce Target Price & Rating Bruno Villeroil 04/04/2020 20:10 EUR 3.16 EUR 4.00 Hold - Bruno Villeroil

Date of publication: 23 September 2021 Page 268 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Plastic Omnium (FR0000124570) 20/09/2021 12:58 EUR 22.32 EUR 32.00 Buy Target Price Gregoire Cayeux 20/04/2021 20:08 EUR 29.04 EUR 36.00 Buy Target Price Bruno Villeroil 26/01/2021 10:37 EUR 29.90 EUR 38.00 Buy Target Price Bruno Villeroil 27/11/2020 12:44 EUR 28.90 EUR 34.00 Buy Target Price Bruno Villeroil 19/11/2020 20:19 EUR 24.22 EUR 28.00 Buy Target Price Bruno Villeroil 24/09/2020 18:18 EUR 21.62 EUR 27.00 Buy Target Price & Rating Bruno Villeroil 24/07/2020 17:50 EUR 19.20 EUR 22.00 Hold Rating Bruno Villeroil 24/06/2020 20:24 EUR 18.72 EUR 22.00 Buy Target Price Bruno Villeroil 05/05/2020 20:59 EUR 16.74 EUR 23.00 Buy Target Price & Rating Bruno Villeroil 23/04/2020 10:45 EUR 14.58 EUR 17.00 Hold Rating Bruno Villeroil 06/04/2020 15:41 EUR 12.94 EUR 17.00 Buy - Bruno Villeroil Pldt (PHY7072Q1032) 21/08/2020 09:23 PHP 1368.00 PHP 1670.00 Buy Target Price & Rating Maggie Yeo 11/08/2020 09:05 PHP 1389.00 PHP 1430.00 Hold Rating Maggie Yeo 08/06/2020 09:59 PHP 1180.00 PHP 1430.00 Buy Target Price & Rating Maggie Yeo 08/05/2020 10:49 PHP 1227.00 PHP 1200.00 Hold Rating Maggie Yeo 25/03/2020 08:19 PHP 921.00 PHP 1200.00 Buy - Maggie Yeo Plug Power Inc. (US72919P2020) 09/08/2021 08:26 USD 25.90 USD 30.00 Hold Target Price Gregoire Cayeux 23/06/2021 12:27 USD 34.02 USD 33.00 Hold Target Price Gregoire Cayeux 19/05/2021 09:11 USD 27.02 USD 27.00 Hold Rating Gregoire Cayeux 13/05/2021 13:28 USD 22.24 USD 27.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 269 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Porsche Holding Se (DE000PAH0038) 11/08/2021 11:59 EUR 89.58 EUR 100.00 Buy Target Price & Rating Torben BUMANN 28/06/2021 10:24 EUR 95.26 EUR 96.00 Hold Target Price Torben BUMANN 24/03/2021 16:55 EUR 87.42 EUR 88.00 Hold Target Price Torben BUMANN 10/12/2020 14:42 EUR 55.12 EUR 59.00 Hold Target Price & Rating Gregoire Cayeux 11/08/2020 11:19 EUR 52.02 EUR 58.00 Buy Target Price & Rating Torben BUMANN 17/06/2020 17:09 EUR 51.90 EUR 57.00 Hold Target Price & Rating Torben BUMANN 26/03/2020 17:47 EUR 40.20 EUR 55.00 Buy - Torben BUMANN Posco (KR7005490008) 07/06/2021 12:16 KRW 347000.00 No Opinion Target Price & Rating Tony Lau 05/11/2020 08:24 KRW 219000.00 KRW 270000.00 Buy Target Price Tony Lau 05/06/2020 10:56 KRW 203000.00 KRW 220000.00 Buy - Tony Lau Postnl (NL0009739416) 10/03/2021 11:25 EUR 3.78 EUR 3.15 Sell Target Price & Rating Gregoire Cayeux 21/01/2021 10:38 EUR 3.18 EUR 2.85 Reduce Rating Gregoire Cayeux 04/11/2020 10:38 EUR 2.60 EUR 2.85 Hold Target Price Gregoire Cayeux 13/08/2020 10:59 EUR 2.47 EUR 2.50 Hold Rating Patrick Casselman 15/04/2020 11:50 EUR 1.27 EUR 2.50 Buy - Patrick Casselman Power Assets (HK0006000050) 11/05/2021 08:31 HKD 49.75 HKD 50.00 Hold Rating Tony Lau 18/06/2020 11:45 HKD 43.75 HKD 50.00 Buy - Tony Lau Powertech (TW0006239007) 07/06/2021 11:22 TWD 105.00 No Opinion - Tony Lau

Date of publication: 23 September 2021 Page 270 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Prada (IT0003874101) 15/01/2021 17:51 HKD 48.75 HKD 46.00 Reduce Target Price & Rating Gregoire Cayeux 25/09/2020 15:10 HKD 30.30 HKD 34.00 Hold Target Price Gregoire Cayeux 08/07/2020 12:55 HKD 27.40 HKD 30.00 Hold Rating Gregoire Cayeux 18/04/2020 18:39 HKD 26.20 HKD 30.00 Buy - Gregoire Cayeux President Chain Store (TW0002912003) 07/06/2021 12:10 TWD 263.50 No Opinion Target Price & Rating Tony Lau 08/10/2020 11:10 TWD 273.00 TWD 284.00 Hold Target Price Tony Lau 15/05/2020 11:28 TWD 302.50 TWD 289.00 Hold - Tony Lau Prologis, Inc. (US74340W1036) 23/09/2020 15:08 USD 95.30 Conflict of Interest - Gregoire Cayeux Proofpoint, Inc. (US7434241037) 01/09/2021 11:14 USD 175.90 No Opinion Target Price & Rating Alexis TAY 30/04/2021 08:26 USD 172.24 USD 176.00 Hold Target Price & Rating Alexis TAY 22/02/2021 03:17 USD 132.04 USD 150.00 Buy Target Price Alexis TAY 01/10/2020 12:40 USD 106.26 USD 140.00 Buy - Alexis TAY Prosegur (ES0175438003) 08/05/2021 21:40 EUR 2.67 EUR 3.00 Hold Rating Gregoire Cayeux 27/10/2020 12:31 EUR 2.02 EUR 3.00 Buy Target Price Bruno Villeroil 07/09/2020 15:06 EUR 2.11 EUR 2.65 Buy Target Price Gregoire Cayeux 05/08/2020 16:02 EUR 2.30 EUR 2.80 Buy Target Price Bruno Villeroil 27/05/2020 15:35 EUR 2.02 EUR 3.10 Buy Target Price Gregoire Cayeux 01/04/2020 23:23 EUR 2.29 EUR 3.70 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 271 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Prosiebensat.1 (DE000PSM7770) 06/08/2021 14:42 EUR 15.17 EUR 24.00 Buy Target Price Gregoire Cayeux 25/06/2021 18:00 EUR 16.65 EUR 25.00 Buy Target Price Gregoire Cayeux 13/05/2021 19:45 EUR 16.75 EUR 24.00 Buy Target Price Gregoire Cayeux 01/03/2021 14:01 EUR 16.98 EUR 23.00 Buy Target Price Gregoire Cayeux 11/01/2021 13:48 EUR 14.08 EUR 18.00 Buy Target Price Gregoire Cayeux 07/11/2020 10:25 EUR 10.95 EUR 12.50 Buy Target Price Gregoire Cayeux 05/08/2020 12:55 EUR 9.20 EUR 11.50 Buy Target Price Gregoire Cayeux 29/04/2020 14:00 EUR 9.15 EUR 12.00 Buy Target Price & Rating Mehdi Slimani 28/03/2020 10:10 EUR 6.95 EUR 4.80 Sell - Gregoire Cayeux Prosus Nv (NL0013654783) 19/08/2021 14:13 EUR 72.01 EUR 105.00 Buy Target Price Mehdi Slimani 22/06/2021 13:12 EUR 84.59 EUR 130.00 Buy Target Price Gregoire Cayeux 21/05/2021 13:17 EUR 85.00 EUR 125.00 Buy Target Price Gregoire Cayeux 26/03/2021 21:41 EUR 92.96 EUR 130.00 Buy Target Price Gregoire Cayeux 14/11/2020 19:46 EUR 88.80 EUR 120.00 Buy Target Price Gregoire Cayeux 02/11/2020 21:11 EUR 85.78 EUR 108.00 Buy Target Price Gregoire Cayeux 13/08/2020 20:53 EUR 83.20 EUR 105.00 Buy Target Price Gregoire Cayeux 15/05/2020 07:34 EUR 80.58 EUR 100.00 Buy Target Price Gregoire Cayeux 18/04/2020 18:49 EUR 65.44 EUR 88.00 Buy - Gregoire Cayeux Proximus (BE0003810273) 17/06/2021 09:58 EUR 17.62 EUR 17.00 Reduce Rating Gregoire Cayeux 02/03/2021 13:38 EUR 16.38 EUR 17.00 Hold Target Price Gregoire Cayeux 26/02/2021 13:35 EUR 18.28 EUR 20.00 Hold Rating Gregoire Cayeux 10/02/2021 10:31 EUR 17.04 EUR 20.00 Buy Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 272 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Proximus (BE0003810273) 07/12/2020 11:48 EUR 18.10 EUR 20.00 Hold Rating Gregoire Cayeux 31/07/2020 14:18 EUR 17.30 EUR 20.00 Buy Target Price & Rating Patrick Casselman 30/04/2020 17:16 EUR 19.72 EUR 23.00 Hold - Patrick Casselman Prudential (GB0007099541) 10/09/2021 13:15 GBP 1484.50 GBP 1150.00 Sell Target Price Riadh Hendaoui 28/06/2021 14:51 GBP 1450.00 GBP 1200.00 Sell Target Price Riadh Hendaoui 16/04/2021 18:39 GBP 1570.50 GBP 1100.00 Sell Target Price Riadh Hendaoui 29/01/2021 18:30 GBP 1236.00 GBP 1000.00 Sell Rating Riadh Hendaoui 26/10/2020 17:31 GBP 1079.00 GBP 1000.00 Reduce Target Price & Rating Riadh Hendaoui 20/04/2020 21:23 GBP 1042.00 GBP 1600.00 Buy - Gregoire Cayeux Prudential Financial, Inc. (US7443201022) 24/08/2021 03:44 USD 104.34 USD 110.00 Buy Rating Godfrey OYENIRAN 12/08/2021 04:06 USD 106.06 USD 110.00 Hold Rating Godfrey OYENIRAN 06/08/2021 02:29 USD 99.90 USD 110.00 Buy Target Price Godfrey OYENIRAN 12/07/2021 08:47 USD 100.58 USD 115.00 Buy Target Price & Rating Godfrey OYENIRAN 15/04/2021 18:19 USD 97.30 Conflict of Interest Target Price & Rating Gregoire Cayeux 09/03/2021 03:58 USD 90.66 USD 93.00 Hold Rating Godfrey OYENIRAN 16/02/2021 03:27 USD 80.86 USD 93.00 Buy Target Price Godfrey OYENIRAN 02/02/2021 10:41 USD 81.19 USD 90.00 Buy Target Price & Rating Godfrey OYENIRAN 24/11/2020 08:18 USD 76.84 USD 80.00 Hold Rating Godfrey OYENIRAN 12/11/2020 07:27 USD 73.02 USD 80.00 Buy Target Price Godfrey OYENIRAN 06/11/2020 11:09 USD 65.37 USD 75.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 12:44 USD 61.96 USD 80.00 Buy Target Price Godfrey OYENIRAN 07/05/2020 10:27 USD 54.12 USD 78.00 Buy - Riadh Hendaoui

Date of publication: 23 September 2021 Page 273 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Prysmian (IT0004176001) 18/05/2021 14:06 EUR 28.74 EUR 24.50 Reduce Target Price Gregoire Cayeux 19/04/2021 17:46 EUR 27.55 EUR 24.00 Reduce Target Price Bruno Villeroil 20/01/2021 16:31 EUR 28.39 EUR 28.00 Reduce Target Price Bruno Villeroil 01/12/2020 21:59 EUR 27.43 EUR 24.00 Reduce Target Price Gregoire Cayeux 03/11/2020 11:58 EUR 24.05 EUR 22.00 Reduce Target Price Bruno Villeroil 15/10/2020 13:13 EUR 26.46 EUR 24.00 Reduce Target Price Bruno Villeroil 15/07/2020 17:38 EUR 21.17 EUR 21.00 Reduce Target Price & Rating Riadh Hendaoui 15/05/2020 15:35 EUR 17.62 EUR 20.00 Hold Target Price Bruno Villeroil 16/04/2020 19:12 EUR 14.74 EUR 18.00 Hold - Gregoire Cayeux Public Bank (MYL1295OO004) 12/05/2021 09:13 MYR 4.10 MYR 4.50 Hold Target Price Maggie Yeo 26/02/2021 08:50 MYR 4.17 MYR 4.35 Hold Target Price Maggie Yeo 13/06/2020 15:58 MYR 17.24 MYR 16.20 Hold Target Price Maggie Yeo 27/05/2020 05:41 MYR 15.26 MYR 16.70 Hold - Maggie Yeo Public Storage (US74460D1090) 18/08/2021 08:20 USD 319.51 USD 327.00 Hold Rating Gregoire Cayeux 05/08/2021 10:31 USD 306.51 USD 327.00 Buy Target Price & Rating Gregoire Cayeux 02/05/2021 10:13 USD 281.16 USD 290.00 Hold Target Price Gregoire Cayeux 26/02/2021 08:12 USD 243.36 USD 250.00 Hold Target Price & Rating Gregoire Cayeux 07/11/2020 13:53 USD 231.33 USD 200.00 Reduce Target Price & Rating Gregoire Cayeux 01/10/2020 09:29 USD 219.37 USD 160.00 Sell Target Price & Rating Timothy FUNG 27/05/2020 09:48 USD 192.48 USD 177.00 Reduce Rating Gregoire Cayeux 23/05/2020 12:55 USD 186.47 USD 177.00 Hold Target Price & Rating Gregoire Cayeux 05/05/2020 10:41 USD 181.09 USD 194.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 274 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Publicis Groupe (FR0000130577) 23/07/2021 19:12 EUR 54.18 EUR 66.00 Buy Target Price Riadh Hendaoui 05/05/2021 18:54 EUR 55.14 EUR 63.00 Buy Target Price & Rating Gregoire Cayeux 17/04/2021 09:21 EUR 55.32 EUR 60.00 Hold Target Price & Rating Gregoire Cayeux 11/01/2021 13:21 EUR 43.68 EUR 55.00 Buy Target Price Gregoire Cayeux 16/10/2020 18:46 EUR 30.00 EUR 33.00 Buy Target Price & Rating Mehdi Slimani 24/07/2020 14:40 EUR 28.85 EUR 31.00 Hold Target Price Mehdi Slimani 01/05/2020 18:27 EUR 27.13 EUR 28.00 Hold Target Price & Rating Gregoire Cayeux 20/04/2020 18:34 EUR 26.37 EUR 29.00 Buy - Mehdi Slimani Puma (DE0006969603) 19/07/2021 15:01 EUR 101.40 EUR 113.00 Hold Target Price & Rating Riadh Hendaoui 24/06/2021 20:41 EUR 96.30 EUR 110.00 Buy Target Price Gregoire Cayeux 14/01/2021 13:25 EUR 88.42 EUR 105.00 Buy Target Price & Rating Gregoire Cayeux 29/10/2020 18:00 EUR 76.56 EUR 85.00 Hold Target Price & Rating Gregoire Cayeux 22/09/2020 10:27 EUR 73.54 EUR 84.00 Buy Target Price & Rating Gregoire Cayeux 03/08/2020 15:29 EUR 65.84 EUR 66.00 Hold Target Price Riadh Hendaoui 08/05/2020 17:22 EUR 59.36 EUR 65.00 Hold Target Price Gregoire Cayeux 18/04/2020 19:28 EUR 57.68 EUR 60.00 Hold - Gregoire Cayeux Pvh Corp. (US6936561009) 02/09/2021 09:07 USD 120.58 USD 120.00 Hold Target Price Gregoire Cayeux 05/06/2021 09:48 USD 110.04 USD 110.00 Hold Target Price Gregoire Cayeux 01/04/2021 09:40 USD 105.70 USD 105.00 Hold Target Price Gregoire Cayeux 04/12/2020 07:32 USD 88.14 USD 85.00 Hold Target Price Gregoire Cayeux 01/10/2020 11:05 USD 64.36 USD 60.00 Hold Target Price & Rating Tony Lau 21/05/2020 10:38 USD 41.99 USD 108.00 Buy Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 275 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Pvh Corp. (US6936561009) 07/04/2020 10:13 USD 39.71 USD 128.00 Buy Target Price Gregoire Cayeux 04/04/2020 14:29 USD 30.99 USD 139.00 Buy - Gregoire Cayeux Qbe Insurance Group Ltd (AU000000QBE9) 17/05/2021 10:57 AUD 10.59 AUD 11.00 Hold Target Price Maggie Yeo 12/05/2020 08:59 AUD 7.64 AUD 8.40 Hold - Maggie Yeo Qiagen (NL0012169213) 16/07/2021 21:25 EUR 40.10 EUR 48.00 Buy Target Price Riadh Hendaoui 11/02/2021 14:04 EUR 45.19 EUR 54.00 Buy Target Price & Rating Torben BUMANN 10/12/2020 09:52 EUR 42.29 Conflict of Interest Target Price & Rating Gregoire Cayeux 29/10/2020 14:55 EUR 41.85 EUR 52.00 Buy Target Price Mehdi Slimani 17/08/2020 15:03 EUR 42.36 EUR 50.00 Buy Target Price & Rating Mehdi Slimani 29/07/2020 13:28 EUR 42.00 EUR 43.00 Hold Target Price Mehdi Slimani 10/07/2020 13:50 EUR 38.59 EUR 39.00 Hold - Mehdi Slimani Qorvo, Inc. (US74736K1016) 16/08/2021 09:59 USD 194.76 USD 195.00 Hold Target Price Alexis TAY 07/05/2021 08:00 USD 184.69 USD 185.00 Hold Target Price Alexis TAY 05/02/2021 11:58 USD 167.69 USD 175.00 Hold Target Price Alexis TAY 10/11/2020 10:23 USD 146.69 USD 145.00 Hold Target Price Alexis TAY 01/10/2020 12:40 USD 131.21 USD 125.00 Hold - Alexis TAY Qualcomm Incorporated (US7475251036) 09/11/2020 04:09 USD 145.41 USD 160.00 Buy Target Price & Rating Alexis TAY 29/10/2020 04:35 USD 125.91 USD 119.00 Hold Rating Alexis TAY 01/10/2020 12:17 USD 113.82 USD 119.00 Buy Target Price & Rating Alexis TAY

Date of publication: 23 September 2021 Page 276 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Qualcomm Incorporated (US7475251036) 31/07/2020 15:46 USD 107.19 USD 90.00 Sell Target Price & Rating Riadh Hendaoui 01/05/2020 13:20 USD 78.67 USD 80.00 Hold - Riadh Hendaoui Quanta Computer (TW0002382009) 18/09/2020 10:38 TWD 78.60 TWD 89.70 Hold Target Price Tony Lau 15/05/2020 10:32 TWD 65.00 TWD 69.50 Hold Target Price Tony Lau 01/04/2020 10:28 TWD 60.20 TWD 64.00 Hold - Tony Lau Qudian (US7477981069) 27/03/2020 04:24 USD 2.12 USD 1.90 Reduce - Alexis TAY Raffles Medical Group Ltd (SG1CH4000003) 16/07/2021 08:40 SGD 1.20 SGD 1.40 Buy Target Price & Rating Maggie Yeo 17/02/2021 09:20 SGD 1.00 SGD 1.00 Hold Target Price Maggie Yeo 04/05/2020 09:01 SGD .87 SGD .90 Hold - Maggie Yeo Ralph Lauren Corporation (US7512121010) 04/08/2021 11:39 USD 125.22 USD 135.00 Hold Target Price Gregoire Cayeux 21/05/2021 08:56 USD 121.87 USD 120.00 Hold Target Price & Rating Gregoire Cayeux 09/02/2021 09:04 USD 110.21 USD 100.00 Reduce Target Price & Rating Gregoire Cayeux 30/10/2020 21:56 USD 70.58 USD 70.00 Hold Target Price & Rating Riadh Hendaoui 01/10/2020 11:06 USD 67.97 USD 65.00 Reduce Target Price & Rating Tony Lau 23/06/2020 09:45 USD 73.34 USD 93.00 Buy Target Price Gregoire Cayeux 07/05/2020 09:46 USD 71.13 USD 102.00 Buy - Gregoire Cayeux Randstad Holding (NL0000379121) 17/04/2021 14:20 EUR 64.10 EUR 65.00 Hold Target Price Gregoire Cayeux 10/02/2021 15:51 EUR 55.64 EUR 57.00 Hold Target Price & Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 277 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Randstad Holding (NL0000379121) 18/01/2021 16:13 EUR 55.16 EUR 55.00 Reduce Target Price & Rating Bruno Villeroil 22/10/2020 17:35 EUR 49.50 EUR 36.00 Sell Target Price Bruno Villeroil 22/07/2020 19:53 EUR 45.50 EUR 34.00 Sell Target Price Bruno Villeroil 10/07/2020 18:52 EUR 40.09 EUR 33.00 Sell Target Price & Rating Gregoire Cayeux 07/05/2020 20:12 EUR 34.72 EUR 35.00 Hold Target Price Gregoire Cayeux 23/04/2020 12:43 EUR 33.41 EUR 34.00 Hold Target Price Gregoire Cayeux 06/04/2020 12:28 EUR 28.93 EUR 30.00 Hold - Gregoire Cayeux Rational (DE0007010803) 06/08/2021 11:20 EUR 1029.50 EUR 860.00 Sell Rating Torben BUMANN 30/07/2021 00:24 EUR 914.60 EUR 860.00 Reduce Target Price Riadh Hendaoui 06/05/2021 10:56 EUR 770.40 EUR 670.00 Reduce Target Price & Rating Torben BUMANN 28/10/2020 16:55 EUR 648.50 EUR 485.00 Sell Target Price Torben BUMANN 29/05/2020 16:57 EUR 509.50 EUR 400.00 Sell Rating Torben BUMANN 04/05/2020 10:32 EUR 440.80 EUR 400.00 Reduce Target Price & Rating Torben BUMANN 20/04/2020 11:42 EUR 500.50 EUR 410.00 Sell - Torben BUMANN Raytheon Technologies Corporation (US75513E1010) 28/07/2021 12:14 USD 88.22 USD 100.00 Buy Target Price Bruno Villeroil 28/04/2021 15:48 USD 82.81 USD 96.00 Buy Target Price Bruno Villeroil 27/01/2021 12:40 USD 67.20 USD 82.00 Buy Target Price Bruno Villeroil 01/10/2020 13:46 USD 59.79 USD 77.00 Buy Target Price Maggie Yeo 30/07/2020 12:12 USD 59.40 USD 78.00 Buy Target Price Bruno Villeroil 11/05/2020 12:30 USD 58.67 USD 79.00 Buy Target Price Bruno Villeroil 25/04/2020 10:20 USD 63.43 USD 82.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 278 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Reckitt (GB00B24CGK77) 28/07/2021 13:33 GBP 5700.00 GBP 6100.00 Reduce Target Price & Rating Riadh Hendaoui 29/04/2021 18:40 GBP 6328.00 GBP 7000.00 Hold Target Price & Rating Gregoire Cayeux 25/02/2021 16:05 GBP 5882.00 GBP 6900.00 Buy Target Price Gregoire Cayeux 14/01/2021 18:23 GBP 6308.00 GBP 7200.00 Buy Target Price Gregoire Cayeux 21/10/2020 15:14 GBP 7192.00 GBP 8800.00 Buy Target Price Gregoire Cayeux 29/07/2020 16:13 GBP 7800.00 GBP 8600.00 Buy Target Price & Rating Bruno Villeroil 01/07/2020 08:56 GBP 7432.00 GBP 8100.00 Hold Target Price Gregoire Cayeux 01/05/2020 19:47 GBP 6630.00 GBP 7200.00 Hold - Gregoire Cayeux Recticel (BE0003656676) 14/05/2021 12:16 EUR 15.12 Conflict of Interest Target Price & Rating Gregoire Cayeux 29/04/2021 10:31 EUR 13.04 EUR 13.40 Hold Target Price Gregoire Cayeux 31/03/2021 11:50 EUR 12.60 EUR 12.70 Hold Target Price Gregoire Cayeux 19/03/2021 15:55 EUR 11.86 EUR 12.50 Hold Target Price Gregoire Cayeux 15/02/2021 14:06 EUR 12.20 EUR 12.70 Hold Target Price & Rating Gregoire Cayeux 07/04/2020 16:50 EUR 6.20 EUR 9.00 Buy - Patrick Casselman Red Electrica (ES0173093024) 25/02/2021 14:27 EUR 13.85 EUR 15.00 Hold Target Price Mehdi Slimani 22/02/2021 15:47 EUR 14.82 EUR 16.00 Hold Target Price Mehdi Slimani 18/11/2020 15:10 EUR 16.48 EUR 16.50 Hold Target Price & Rating Gregoire Cayeux 22/07/2020 19:14 EUR 17.04 EUR 15.00 Reduce Target Price Mehdi Slimani 23/03/2020 09:06 EUR 14.94 EUR 14.00 Reduce - Mehdi Slimani Regeneron Pharmaceuticals, Inc. (US75886F1075) 06/08/2021 15:50 USD 602.47 USD 632.00 Buy Target Price & Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 279 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Regeneron Pharmaceuticals, Inc. (US75886F1075) 08/05/2021 12:12 USD 498.68 USD 599.00 Hold Target Price Gregoire Cayeux 06/05/2021 10:37 USD 482.42 USD 612.00 Hold Rating Mehdi Slimani 09/02/2021 09:33 USD 494.90 USD 612.00 Buy Target Price Mehdi Slimani 01/10/2020 10:46 USD 559.78 USD 647.00 Buy - Godfrey OYENIRAN Relx Plc (GB00B2B0DG97) 31/07/2021 19:10 GBP 2114.00 GBP 2250.00 Hold Rating Gregoire Cayeux 01/07/2021 13:13 GBP 1919.00 GBP 2250.00 Buy Target Price & Rating Gregoire Cayeux 12/02/2021 20:26 GBP 1825.00 GBP 1900.00 Hold Target Price Gregoire Cayeux 19/01/2021 18:22 GBP 1814.00 GBP 1850.00 Hold Target Price & Rating Gregoire Cayeux 11/11/2020 17:50 GBP 1803.00 GBP 1550.00 Reduce Target Price Gregoire Cayeux 24/07/2020 17:02 GBP 1700.00 GBP 1600.00 Reduce Target Price Mehdi Slimani 30/06/2020 12:29 GBP 1903.50 GBP 1650.00 Reduce - Gregoire Cayeux Renault (FR0000131906) 20/09/2021 16:02 EUR 28.76 EUR 35.00 Buy Target Price Bruno Villeroil 02/08/2021 15:55 EUR 32.02 EUR 43.00 Buy Target Price & Rating Bruno Villeroil 21/06/2021 20:14 EUR 35.28 EUR 40.00 Hold Target Price Bruno Villeroil 28/05/2021 16:26 EUR 34.21 EUR 38.00 Hold Target Price & Rating Bruno Villeroil 23/04/2021 16:30 EUR 34.08 EUR 42.00 Buy Target Price Bruno Villeroil 13/04/2021 17:47 EUR 35.76 EUR 44.00 Buy Target Price Bruno Villeroil 30/03/2021 17:26 EUR 36.44 EUR 46.00 Buy Target Price & Rating Bruno Villeroil 12/03/2021 09:07 EUR 39.79 Conflict of Interest Target Price & Rating Gregoire Cayeux 22/02/2021 15:57 EUR 38.04 EUR 46.00 Buy Target Price Bruno Villeroil 25/01/2021 16:30 EUR 34.42 EUR 49.00 Buy Target Price Bruno Villeroil 13/01/2021 18:34 EUR 36.90 EUR 47.00 Buy Target Price & Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 280 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Renault (FR0000131906) 07/01/2021 16:39 EUR 36.64 EUR 42.00 Hold Rating Bruno Villeroil 19/11/2020 16:18 EUR 31.37 EUR 42.00 Buy Target Price & Rating Bruno Villeroil 23/10/2020 20:51 EUR 24.89 EUR 26.00 Hold Target Price Bruno Villeroil 23/09/2020 20:33 EUR 21.44 EUR 22.70 Hold Target Price Bruno Villeroil 31/07/2020 20:56 EUR 21.76 EUR 22.00 Hold Target Price Bruno Villeroil 23/06/2020 20:42 EUR 21.02 EUR 24.00 Hold Target Price & Rating Bruno Villeroil 20/05/2020 16:32 EUR 16.94 EUR 20.00 Buy Target Price & Rating Bruno Villeroil 24/04/2020 16:10 EUR 16.49 EUR 19.00 Hold Target Price Bruno Villeroil 21/04/2020 11:12 EUR 16.68 EUR 21.00 Hold Target Price Gregoire Cayeux 03/04/2020 20:41 EUR 16.31 EUR 23.00 Hold - Bruno Villeroil Renesas Electronics (JP3164720009) 30/04/2021 11:24 JPY 1235.00 JPY 1850.00 Buy Target Price Maggie Yeo 17/02/2021 04:07 JPY 1240.00 JPY 1650.00 Buy Target Price Maggie Yeo 27/01/2021 08:57 JPY 1348.00 JPY 1600.00 Buy Target Price Maggie Yeo 02/11/2020 10:44 JPY 861.00 JPY 1100.00 Buy Target Price Maggie Yeo 09/09/2020 05:23 JPY 733.00 JPY 920.00 Buy Target Price Maggie Yeo 03/08/2020 10:46 JPY 538.00 JPY 870.00 Buy Target Price Maggie Yeo 25/03/2020 08:36 JPY 387.00 JPY 800.00 Buy - Maggie Yeo Renrui Human Resources Technology Holdings Ltd (KYG7504A1067) 22/09/2020 04:16 HKD 23.90 HKD 29.00 Buy Target Price Tony Lau 17/06/2020 10:05 HKD 30.05 HKD 37.00 Buy - Tony Lau Repsol (ES0173516115) 04/08/2021 14:18 EUR 9.55 EUR 10.60 Buy Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 281 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Repsol (ES0173516115) 05/07/2021 18:09 EUR 10.63 EUR 10.60 Reduce Target Price Gregoire Cayeux 13/04/2021 22:03 EUR 10.21 EUR 10.00 Reduce Target Price Gregoire Cayeux 15/12/2020 17:55 EUR 8.62 EUR 8.30 Reduce Target Price & Rating Mehdi Slimani 14/08/2020 14:36 EUR 7.05 EUR 7.50 Hold Target Price & Rating Gregoire Cayeux 24/07/2020 13:11 EUR 7.58 EUR 9.50 Buy Target Price Mehdi Slimani 10/07/2020 10:55 EUR 7.53 EUR 10.00 Buy - Mehdi Slimani Republic Services, Inc. (US7607591002) 03/08/2021 08:56 USD 118.00 USD 132.00 Buy Target Price Gregoire Cayeux 07/05/2021 14:06 USD 110.77 USD 128.00 Buy Target Price Gregoire Cayeux 24/02/2021 08:53 USD 88.96 USD 108.00 Buy Target Price Gregoire Cayeux 09/11/2020 12:40 USD 97.08 USD 116.00 Buy Target Price Bruno Villeroil 01/10/2020 13:36 USD 92.39 USD 104.00 Buy Target Price & Rating Maggie Yeo 10/08/2020 12:10 USD 90.59 No Opinion Target Price & Rating Gregoire Cayeux 08/05/2020 13:40 USD 81.21 USD 64.00 Sell - Gregoire Cayeux Restaurant Brands International Inc. (CA76131D1033) 03/08/2021 09:33 CAD 85.12 CAD 90.00 Hold Target Price Gregoire Cayeux 01/05/2021 10:14 CAD 84.41 CAD 86.00 Hold Target Price Riadh Hendaoui 01/10/2020 11:08 CAD 73.38 CAD 74.00 Hold Target Price & Rating Tony Lau 25/08/2020 10:45 CAD 72.01 CAD 88.00 Buy Target Price Mehdi Slimani 02/06/2020 12:23 CAD 75.78 CAD 90.00 Buy Target Price Gregoire Cayeux 28/03/2020 09:14 CAD 56.64 CAD 93.00 Buy - Gregoire Cayeux Retail Estates (BE0003720340) 24/08/2021 17:49 EUR 68.40 EUR 68.00 Reduce Rating Riadh Hendaoui

Date of publication: 23 September 2021 Page 282 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Retail Estates (BE0003720340) 26/05/2021 11:29 EUR 67.20 EUR 68.00 Hold Target Price Gregoire Cayeux 18/06/2020 10:27 EUR 60.30 EUR 64.00 Hold Target Price & Rating Patrick Casselman 11/06/2020 19:11 EUR 61.70 EUR 58.00 Reduce Rating Patrick Casselman 25/05/2020 11:27 EUR 51.50 EUR 58.00 Hold Rating Patrick Casselman 19/05/2020 21:08 EUR 56.60 EUR 58.00 Buy - Patrick Casselman (FR0010451203) 02/07/2021 15:10 EUR 17.92 EUR 17.30 Reduce Target Price Bruno Villeroil 17/05/2021 13:26 EUR 17.51 EUR 16.50 Reduce Target Price Gregoire Cayeux 15/02/2021 19:43 EUR 15.16 EUR 14.50 Reduce Target Price Bruno Villeroil 19/01/2021 18:49 EUR 13.68 EUR 13.00 Reduce Target Price Bruno Villeroil 02/12/2020 12:35 EUR 11.62 EUR 11.00 Reduce Target Price & Rating Gregoire Cayeux 03/11/2020 16:03 EUR 9.20 EUR 10.00 Hold Target Price & Rating Bruno Villeroil 14/10/2020 20:46 EUR 10.82 EUR 10.50 Reduce Target Price Bruno Villeroil 15/07/2020 17:34 EUR 10.59 EUR 10.00 Reduce Rating Riadh Hendaoui 11/05/2020 20:25 EUR 8.56 EUR 10.00 Buy Target Price Bruno Villeroil 16/04/2020 19:20 EUR 7.01 EUR 9.50 Buy Target Price Gregoire Cayeux 02/04/2020 02:29 EUR 6.78 EUR 9.00 Buy - Bruno Villeroil Rhb Bank (MYL1066OO009) 13/06/2020 16:06 MYR 5.10 MYR 6.20 Buy Target Price Maggie Yeo 02/06/2020 08:44 MYR 4.90 MYR 6.45 Buy - Maggie Yeo Rheinmetall (DE0007030009) 09/08/2021 15:36 EUR 84.28 EUR 128.00 Buy Target Price Torben BUMANN 28/06/2021 10:38 EUR 83.84 EUR 126.00 Buy Target Price Torben BUMANN

Date of publication: 23 September 2021 Page 283 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Rheinmetall (DE0007030009) 07/05/2021 11:22 EUR 86.82 EUR 125.00 Buy Target Price Torben BUMANN 21/04/2021 14:42 EUR 87.76 EUR 121.00 Buy Target Price Torben BUMANN 22/03/2021 13:20 EUR 85.50 EUR 111.00 Buy Target Price Torben BUMANN 23/02/2021 16:56 EUR 83.20 EUR 99.00 Buy Rating Torben BUMANN 05/02/2021 16:31 EUR 89.94 EUR 99.00 Hold Rating Torben BUMANN 10/11/2020 08:18 EUR 71.30 EUR 99.00 Buy Target Price Torben BUMANN 07/08/2020 14:42 EUR 80.80 EUR 96.00 Buy Target Price & Rating Gregoire Cayeux 28/07/2020 18:30 EUR 83.78 EUR 86.00 Hold Rating Bruno Villeroil 17/06/2020 12:06 EUR 75.26 EUR 86.00 Buy Target Price Torben BUMANN 11/05/2020 11:03 EUR 66.46 EUR 80.00 Buy Target Price Torben BUMANN 26/03/2020 11:38 EUR 62.76 EUR 77.00 Buy - Torben BUMANN Richemont (CH0210483332) 05/08/2021 17:35 CHF 115.75 CHF 145.00 Buy Target Price Gregoire Cayeux 01/06/2021 12:38 CHF 109.65 CHF 133.00 Buy Target Price Gregoire Cayeux 13/04/2021 14:16 CHF 92.20 CHF 115.00 Buy Target Price Gregoire Cayeux 15/01/2021 21:34 CHF 83.34 CHF 97.00 Buy Target Price & Rating Gregoire Cayeux 12/11/2020 18:53 CHF 76.64 CHF 62.00 Sell Rating Gregoire Cayeux 22/07/2020 20:45 CHF 60.96 CHF 62.00 Hold Rating Bruno Villeroil 18/04/2020 17:20 CHF 55.14 CHF 62.00 Buy - Gregoire Cayeux Ricoh Company (JP3973400009) 05/08/2021 10:25 JPY 1210.00 JPY 1450.00 Buy Target Price Maggie Yeo 27/05/2021 05:38 JPY 1266.00 JPY 1725.00 Buy Target Price Maggie Yeo 10/05/2021 09:08 JPY 1157.00 JPY 1610.00 Buy Target Price Maggie Yeo 04/03/2021 08:48 JPY 967.00 JPY 1570.00 Buy Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 284 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ricoh Company (JP3973400009) 17/02/2021 04:25 JPY 912.00 JPY 1200.00 Buy Target Price Maggie Yeo 05/02/2021 09:21 JPY 821.00 JPY 1000.00 Buy Target Price Maggie Yeo 21/12/2020 10:07 JPY 749.00 JPY 925.00 Buy Target Price & Rating Maggie Yeo 05/11/2020 09:15 JPY 710.00 JPY 700.00 Hold Target Price Maggie Yeo 04/05/2020 09:30 JPY 720.00 JPY 750.00 Hold Target Price Maggie Yeo 31/03/2020 07:09 JPY 780.00 JPY 855.00 Hold - Maggie Yeo Rio Tinto (GB0007188757) 07/06/2021 16:12 GBP 6219.00 GBP 6500.00 Hold Target Price Bruno Villeroil 15/03/2021 19:35 GBP 5745.00 GBP 6430.00 Hold Target Price & Rating Bruno Villeroil 12/02/2021 20:05 GBP 5912.00 GBP 5600.00 Reduce Target Price & Rating Bruno Villeroil 16/12/2020 16:16 GBP 5603.00 GBP 5690.00 Hold Target Price & Rating Bruno Villeroil 14/09/2020 16:18 GBP 4992.00 GBP 4630.00 Reduce Target Price Bruno Villeroil 05/06/2020 19:24 GBP 4470.00 GBP 4380.00 Reduce Target Price & Rating Bruno Villeroil 05/05/2020 16:17 GBP 3557.00 GBP 4090.00 Buy Target Price Bruno Villeroil 30/03/2020 12:35 GBP 3528.00 GBP 4190.00 Buy - Bruno Villeroil Roblox Corporation (US7710491033) 18/08/2021 09:34 USD 78.68 USD 96.00 Buy Target Price & Rating Gregoire Cayeux 12/06/2021 11:16 USD 92.82 USD 92.00 Hold - Gregoire Cayeux Roche (CH0012032048) 12/07/2021 13:27 CHF 353.10 CHF 390.00 Buy Target Price Riadh Hendaoui 13/01/2021 16:27 CHF 314.25 CHF 355.00 Buy Target Price & Rating Gregoire Cayeux 10/12/2020 16:27 CHF 306.25 CHF 299.00 Reduce Target Price Gregoire Cayeux 15/10/2020 17:23 CHF 319.55 CHF 272.00 Reduce Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 285 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Roche (CH0012032048) 22/04/2020 21:45 CHF 335.70 CHF 272.00 Sell - Mehdi Slimani Rockwell Automation, Inc. (US7739031091) 29/07/2021 17:14 USD 299.18 USD 316.00 Hold Target Price Bruno Villeroil 11/05/2021 07:36 USD 270.68 USD 280.00 Hold Rating Gregoire Cayeux 29/04/2021 11:45 USD 266.25 USD 280.00 Buy Target Price Bruno Villeroil 12/11/2020 11:52 USD 242.19 USD 260.00 Buy Target Price Bruno Villeroil 01/10/2020 13:33 USD 217.37 USD 228.00 Buy Target Price & Rating Maggie Yeo 30/07/2020 16:23 USD 220.97 USD 183.00 Sell Target Price & Rating Bruno Villeroil 30/04/2020 15:55 USD 197.00 USD 177.00 Reduce Target Price & Rating Bruno Villeroil 16/04/2020 10:54 USD 158.96 USD 170.00 Buy - Gregoire Cayeux Rohm (JP3982800009) 02/08/2021 10:35 JPY 10620.00 JPY 14000.00 Buy Target Price Maggie Yeo 03/02/2021 07:38 JPY 11460.00 JPY 13600.00 Buy Target Price Maggie Yeo 19/10/2020 08:23 JPY 8330.00 JPY 9850.00 Buy Target Price Maggie Yeo 13/05/2020 11:29 JPY 7330.00 JPY 8350.00 Buy Target Price & Rating Maggie Yeo 12/05/2020 09:25 JPY 7130.00 JPY 6850.00 Hold Target Price & Rating Maggie Yeo 25/03/2020 08:42 JPY 6030.00 JPY 5350.00 Reduce - Maggie Yeo Rolls-Royce (GB00B63H8491) 09/08/2021 14:45 GBP 112.42 GBP 120.00 Hold Target Price & Rating Gregoire Cayeux 16/03/2021 19:00 GBP 118.00 GBP 110.00 Reduce Target Price Bruno Villeroil 27/01/2021 20:15 GBP 96.32 GBP 90.00 Reduce Target Price & Rating Bruno Villeroil 01/10/2020 12:54 GBP 116.80 Conflict of Interest Target Price & Rating Gregoire Cayeux 10/07/2020 15:24 GBP 256.30 GBP 330.00 Buy Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 286 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Rolls-Royce (GB00B63H8491) 06/07/2020 16:07 GBP 263.20 GBP 395.00 Buy Target Price Bruno Villeroil 28/04/2020 16:29 GBP 307.80 GBP 430.00 Buy - Bruno Villeroil Roper Technologies, Inc. (US7766961061) 02/07/2021 12:00 USD 470.44 USD 508.00 Hold Rating Gregoire Cayeux 28/04/2021 13:04 USD 445.86 USD 508.00 Buy Target Price Bruno Villeroil 01/02/2021 09:01 USD 422.83 USD 473.00 Buy Target Price Gregoire Cayeux 01/10/2020 14:01 USD 392.73 USD 457.00 Buy - Maggie Yeo Ross Stores, Inc. (US7782961038) 21/08/2021 08:58 USD 123.12 USD 125.00 Hold Target Price & Rating Gregoire Cayeux 24/05/2021 09:18 USD 123.25 USD 140.00 Buy Target Price Gregoire Cayeux 04/03/2021 11:22 USD 111.05 USD 130.00 Buy Target Price Riadh Hendaoui 24/11/2020 16:15 USD 108.18 USD 125.00 Buy Target Price Riadh Hendaoui 01/10/2020 10:50 USD 90.62 USD 105.00 Buy - Timothy FUNG Royal Bank Of Canada (CA7800871021) 28/05/2020 11:12 CAD 92.25 CAD 112.00 Buy - Riadh Hendaoui Royal Dutch Shell (GB00B03MLX29) 05/07/2021 23:17 EUR 17.32 EUR 20.70 Buy Target Price Gregoire Cayeux 13/04/2021 21:18 EUR 16.39 EUR 20.00 Buy Target Price Gregoire Cayeux 15/12/2020 18:10 EUR 15.10 EUR 18.00 Buy Target Price Mehdi Slimani 02/11/2020 18:28 EUR 10.88 EUR 17.50 Buy Target Price Mehdi Slimani 27/08/2020 18:30 EUR 12.70 EUR 18.00 Buy Target Price Mehdi Slimani 04/08/2020 16:03 EUR 12.89 EUR 15.00 Buy Rating Riadh Hendaoui 05/05/2020 10:46 EUR 14.64 EUR 15.00 Hold Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 287 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Royal Dutch Shell (GB00B03MLX29) 04/05/2020 19:07 EUR 15.48 EUR 15.00 Reduce - Mehdi Slimani Royal Dutch Shell Gbp (GB00B03MM408) 05/07/2021 23:31 GBP 1431.20 GBP 1800.00 Buy Target Price Gregoire Cayeux 13/04/2021 21:23 GBP 1336.80 GBP 1750.00 Buy Target Price Gregoire Cayeux 15/12/2020 21:04 GBP 1309.40 GBP 1645.00 Buy Target Price Mehdi Slimani 02/11/2020 18:30 GBP 929.00 GBP 1520.00 Buy Target Price Mehdi Slimani 27/08/2020 18:43 GBP 1076.40 GBP 1590.00 Buy Target Price Mehdi Slimani 04/08/2020 17:13 GBP 1100.80 GBP 1350.00 Buy Rating Riadh Hendaoui 10/07/2020 15:55 GBP 1181.20 GBP 1350.00 Hold Target Price Mehdi Slimani 05/05/2020 10:49 GBP 1221.60 GBP 1300.00 Hold - Mehdi Slimani Rtl Group (LU0061462528) 09/08/2021 14:48 EUR 50.45 EUR 51.00 Hold Target Price & Rating Mehdi Slimani 15/03/2021 16:14 EUR 49.98 EUR 48.00 Reduce Target Price & Rating Gregoire Cayeux 11/01/2021 17:57 EUR 39.62 EUR 40.00 Hold Target Price Mehdi Slimani 17/08/2020 14:58 EUR 27.78 EUR 28.00 Hold Rating Mehdi Slimani 01/05/2020 19:04 EUR 30.52 EUR 28.00 Reduce Target Price & Rating Gregoire Cayeux 20/04/2020 18:09 EUR 31.36 EUR 32.00 Hold Target Price Mehdi Slimani 27/03/2020 18:48 EUR 30.68 EUR 34.00 Hold - Mehdi Slimani (FR0013269123) 15/04/2020 18:36 EUR 39.36 EUR 48.00 Buy - Gregoire Cayeux Rwe (DE0007037129) 17/03/2021 17:12 EUR 32.10 EUR 40.00 Buy Target Price & Rating Mehdi Slimani 11/01/2021 18:24 EUR 38.65 EUR 41.00 Hold Target Price & Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 288 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Rwe (DE0007037129) 16/11/2020 13:39 EUR 34.97 EUR 32.10 Reduce Target Price Mehdi Slimani 02/11/2020 18:37 EUR 31.79 EUR 31.40 Reduce Target Price Mehdi Slimani 02/09/2020 13:12 EUR 32.95 EUR 30.60 Reduce Target Price & Rating Gregoire Cayeux 14/08/2020 13:54 EUR 34.54 EUR 29.00 Sell Target Price & Rating Gregoire Cayeux 21/07/2020 16:52 EUR 33.33 EUR 28.40 Reduce Target Price Mehdi Slimani 05/05/2020 14:10 EUR 25.62 EUR 25.00 Reduce Rating Mehdi Slimani 23/03/2020 10:57 EUR 21.87 EUR 25.00 Buy - Mehdi Slimani Ryanair (IE00BYTBXV33) 16/04/2021 16:23 EUR 15.88 EUR 19.00 Buy Target Price Bruno Villeroil 13/11/2020 10:59 EUR 15.22 EUR 18.00 Buy Target Price & Rating Bruno Villeroil 09/09/2020 18:02 EUR 11.60 EUR 11.00 Reduce Rating Bruno Villeroil 16/07/2020 16:46 EUR 11.83 EUR 11.00 Hold Target Price Riadh Hendaoui 18/04/2020 15:52 EUR 10.06 EUR 10.00 Hold - Gregoire Cayeux Rémy Cointreau (FR0000130395) 22/07/2021 20:53 EUR 179.30 EUR 165.00 Reduce Target Price Riadh Hendaoui 20/07/2021 12:17 EUR 178.40 EUR 162.00 Reduce Rating Gregoire Cayeux 08/06/2021 10:46 EUR 160.00 EUR 162.00 Hold Target Price & Rating Gregoire Cayeux 26/04/2021 15:22 EUR 170.10 EUR 166.00 Reduce Target Price Gregoire Cayeux 24/04/2021 12:54 EUR 170.10 EUR 162.00 Reduce Rating Gregoire Cayeux 29/03/2021 12:43 EUR 157.30 EUR 162.00 Hold Target Price Gregoire Cayeux 25/01/2021 10:23 EUR 145.90 EUR 159.00 Hold Target Price Gregoire Cayeux 05/01/2021 08:14 EUR 152.60 EUR 163.00 Hold Target Price & Rating Gregoire Cayeux 26/11/2020 11:05 EUR 150.90 EUR 170.00 Buy Rating Gregoire Cayeux 21/10/2020 11:33 EUR 153.70 EUR 170.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 289 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Rémy Cointreau (FR0000130395) 29/09/2020 07:56 EUR 154.70 EUR 160.00 Hold Target Price Gregoire Cayeux 22/07/2020 18:58 EUR 137.20 EUR 150.00 Hold Target Price Riadh Hendaoui 21/07/2020 17:14 EUR 134.30 EUR 140.00 Hold Rating Riadh Hendaoui 08/06/2020 15:38 EUR 121.50 EUR 140.00 Buy Target Price & Rating Gregoire Cayeux 26/05/2020 11:53 EUR 105.20 EUR 114.00 Hold Rating Gregoire Cayeux 25/03/2020 16:33 EUR 91.80 EUR 114.00 Buy - Gregoire Cayeux S&P Global Inc. (US78409V1044) 04/08/2021 10:36 USD 436.05 USD 440.00 Buy Target Price & Rating Godfrey OYENIRAN 03/05/2021 09:45 USD 392.70 USD 400.00 Hold Target Price Godfrey OYENIRAN 14/04/2021 05:33 USD 371.11 USD 350.00 Hold Rating Godfrey OYENIRAN 12/01/2021 11:10 USD 319.20 USD 350.00 Buy Rating Godfrey OYENIRAN 04/12/2020 02:22 USD 333.28 USD 350.00 Hold Rating Godfrey OYENIRAN 17/11/2020 07:43 USD 339.62 USD 350.00 Buy Rating Godfrey OYENIRAN 01/10/2020 11:41 USD 350.17 USD 350.00 Hold - Timothy FUNG S-Oil (KR7010950004) 07/06/2021 12:14 KRW 105000.00 No Opinion Target Price & Rating Tony Lau 21/10/2020 08:40 KRW 56900.00 KRW 70000.00 Buy Target Price Tony Lau 08/10/2020 11:07 KRW 55900.00 KRW 83000.00 Buy - Tony Lau S.F. Holding (A-Share) (CNE100000L63) 15/06/2021 04:47 CNY 71.10 CNY 90.00 Buy Target Price Tony Lau 06/05/2021 11:34 CNY 64.35 CNY 85.00 Buy Target Price & Rating Tony Lau 17/02/2021 08:07 CNY 117.10 CNY 130.00 Hold Target Price & Rating Tony Lau 18/09/2020 04:39 CNY 78.20 CNY 100.00 Buy Target Price Tony Lau

Date of publication: 23 September 2021 Page 290 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

S.F. Holding (A-Share) (CNE100000L63) 27/07/2020 09:35 CNY 63.55 CNY 73.00 Buy Target Price & Rating Tony Lau 03/04/2020 06:38 CNY 46.28 CNY 43.30 Hold - Alexis TAY Sa Sa International Holdings (KYG7814S1021) 16/02/2021 04:21 HKD 1.69 HKD 2.85 Buy Target Price & Rating Tony Lau 20/05/2020 12:03 HKD 1.34 HKD 1.20 Reduce Rating Alexis TAY 23/03/2020 04:08 HKD 1.12 HKD 1.20 Hold - Alexis TAY Sacyr (ES0182870214) 10/05/2021 19:18 EUR 2.36 EUR 2.85 Buy Target Price Gregoire Cayeux 13/03/2021 19:48 EUR 2.14 EUR 2.75 Buy Target Price Bruno Villeroil 19/01/2021 12:58 EUR 1.95 EUR 2.60 Buy Target Price Bruno Villeroil 28/03/2020 08:50 EUR 1.29 EUR 2.00 Buy - Gregoire Cayeux Safran (FR0000073272) 05/05/2021 12:55 EUR 122.82 EUR 115.00 Reduce Target Price Bruno Villeroil 01/03/2021 16:44 EUR 113.25 EUR 97.00 Reduce Target Price Bruno Villeroil 27/01/2021 18:50 EUR 108.00 EUR 98.00 Reduce Target Price Bruno Villeroil 31/08/2020 13:46 EUR 102.25 EUR 91.00 Reduce Target Price Gregoire Cayeux 21/07/2020 18:58 EUR 93.20 EUR 82.00 Reduce Target Price & Rating Bruno Villeroil 28/04/2020 15:41 EUR 77.32 EUR 83.00 Hold - Bruno Villeroil Saic Motor (A-Share) (CNE000000TY6) 07/01/2021 10:02 CNY 22.97 CNY 28.00 Buy Target Price & Rating Tony Lau 10/11/2020 09:22 CNY 28.40 CNY 30.00 Hold Target Price & Rating Tony Lau 05/05/2020 06:25 CNY 18.90 CNY 20.90 Buy - Alexis TAY

Date of publication: 23 September 2021 Page 291 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Sainsbury (GB00B019KW72) 07/07/2021 13:56 GBP 279.80 GBP 310.00 Hold Target Price & Rating Gregoire Cayeux 29/04/2021 17:46 GBP 235.00 GBP 295.00 Buy Target Price Gregoire Cayeux 12/02/2021 13:41 GBP 230.30 GBP 275.00 Buy Rating Gregoire Cayeux 08/01/2021 13:38 GBP 248.50 GBP 275.00 Hold Target Price & Rating Gregoire Cayeux 23/09/2020 10:11 GBP 200.20 GBP 265.00 Buy Target Price Gregoire Cayeux 01/05/2020 15:52 GBP 198.10 GBP 255.00 Buy - Gregoire Cayeux Saint-Gobain (FR0000125007) 03/08/2021 15:52 EUR 60.22 EUR 75.00 Buy Target Price Bruno Villeroil 20/07/2021 18:41 EUR 55.44 EUR 72.00 Buy Target Price Bruno Villeroil 06/05/2021 15:35 EUR 55.70 EUR 65.00 Buy Target Price Bruno Villeroil 20/04/2021 15:41 EUR 53.08 EUR 62.00 Buy Target Price Bruno Villeroil 18/02/2021 16:27 EUR 42.29 EUR 56.00 Buy Target Price Bruno Villeroil 03/12/2020 15:57 EUR 39.25 EUR 54.00 Buy Target Price Gregoire Cayeux 02/11/2020 16:44 EUR 33.50 EUR 48.00 Buy Target Price Bruno Villeroil 21/09/2020 18:58 EUR 36.50 EUR 45.00 Buy Target Price Bruno Villeroil 04/08/2020 15:10 EUR 32.66 EUR 39.00 Buy Target Price Bruno Villeroil 30/06/2020 20:39 EUR 32.35 EUR 37.00 Buy Target Price Bruno Villeroil 26/03/2020 02:17 EUR 20.08 EUR 30.00 Buy - Bruno Villeroil Saipem (IT0005252140) 02/08/2021 15:36 EUR 1.94 EUR 1.50 Sell Target Price & Rating Mehdi Slimani 29/04/2021 18:51 EUR 2.04 EUR 1.80 Reduce Rating Mehdi Slimani 26/02/2021 18:24 EUR 2.39 EUR 1.80 Sell Target Price & Rating Mehdi Slimani 29/10/2020 14:40 EUR 1.41 EUR 1.60 Hold Target Price Mehdi Slimani 13/10/2020 21:17 EUR 1.51 EUR 1.70 Hold Target Price & Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 292 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Saipem (IT0005252140) 30/07/2020 17:48 EUR 1.96 EUR 2.30 Buy Target Price & Rating Mehdi Slimani 21/04/2020 18:30 EUR 2.22 EUR 2.60 Hold Rating Gregoire Cayeux 23/03/2020 20:32 EUR 2.25 EUR 2.60 Buy - Mehdi Slimani Salesforce.Com, Inc. (US79466L3024) 31/08/2021 15:33 USD 264.97 USD 344.00 Buy Target Price Gregoire Cayeux 02/06/2021 10:29 USD 238.10 USD 300.00 Buy Target Price Alexis TAY 04/03/2021 08:23 USD 217.54 USD 295.00 Buy Target Price Alexis TAY 11/12/2020 03:20 USD 220.97 USD 309.00 Buy Target Price Alexis TAY 01/10/2020 12:25 USD 247.78 USD 302.00 Buy Target Price & Rating Alexis TAY 27/08/2020 12:31 USD 272.32 USD 253.00 Hold Target Price & Rating Gregoire Cayeux 02/06/2020 22:33 USD 176.36 USD 202.00 Buy - Riadh Hendaoui Salvatore Ferragamo (IT0004712375) 02/08/2021 20:02 EUR 16.84 EUR 16.00 Reduce Target Price Gregoire Cayeux 15/01/2021 18:08 EUR 15.30 EUR 15.00 Reduce Target Price Gregoire Cayeux 18/04/2020 16:28 EUR 12.15 EUR 12.00 Reduce - Gregoire Cayeux Salzgitter (DE0006202005) 11/08/2021 10:05 EUR 32.98 EUR 30.00 Reduce Rating Torben BUMANN 19/07/2021 23:43 EUR 27.16 EUR 30.00 Hold Rating Riadh Hendaoui 22/06/2021 15:34 EUR 24.44 EUR 30.00 Buy Rating Torben BUMANN 20/05/2021 09:50 EUR 26.22 EUR 30.00 Hold Target Price Torben BUMANN 17/05/2021 10:51 EUR 27.04 EUR 28.00 Hold Rating Torben BUMANN 22/03/2021 12:09 EUR 23.29 EUR 28.00 Buy Target Price & Rating Torben BUMANN 23/06/2020 15:47 EUR 11.88 EUR 10.00 Sell Rating Torben BUMANN

Date of publication: 23 September 2021 Page 293 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Salzgitter (DE0006202005) 14/05/2020 17:32 EUR 9.30 EUR 10.00 Hold Rating Torben BUMANN 06/04/2020 11:24 EUR 10.12 EUR 10.00 Reduce - Torben BUMANN Samsonite International S.A. (LU0633102719) 07/06/2021 12:01 HKD 15.96 No Opinion Target Price & Rating Tony Lau 20/05/2020 12:28 HKD 6.35 HKD 14.00 Buy Target Price Alexis TAY 15/05/2020 10:01 HKD 6.35 HKD 7.50 Buy Target Price Tony Lau 03/04/2020 10:35 HKD 6.52 HKD 14.60 Buy - Alexis TAY Samsung Electro Mechanics (KR7009150004) 26/05/2021 12:05 KRW 168000.00 No Opinion - Tony Lau Samsung Electronics (KR7005930003) 14/04/2021 10:10 KRW 84700.00 KRW 115000.00 Buy Target Price Tony Lau 08/01/2021 10:29 KRW 82900.00 KRW 100000.00 Buy Target Price Tony Lau 10/09/2020 04:22 KRW 58400.00 KRW 75000.00 Buy Target Price Tony Lau 05/05/2020 11:51 KRW 48500.00 KRW 73000.00 Buy - Tony Lau Samsung Electronics Co Ltd (US7960508882) 14/04/2021 10:13 USD 1849.00 USD 2225.00 Buy Target Price Tony Lau 11/03/2021 02:36 USD 1815.00 USD 2255.00 Buy - Tony Lau Samsung Engineering (KR7028050003) 03/04/2020 11:30 KRW 10350.00 KRW 16000.00 Buy - Tony Lau Samsung Life Insurance (KR7032830002) 24/03/2020 09:19 KRW 36500.00 KRW 50000.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 294 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Samsung Sdi (KR7006400006) 04/02/2021 02:45 KRW 758000.00 KRW 950000.00 Buy - Tony Lau San Miguel Food & Beverage (PHY7510J1668) 09/02/2021 10:43 PHP 68.15 PHP 54.00 Sell Rating Maggie Yeo 06/11/2020 09:23 PHP 63.00 PHP 54.00 Reduce Target Price Maggie Yeo 18/06/2020 05:32 PHP 69.65 PHP 56.00 Reduce - Maggie Yeo Sands China (KYG7800X1079) 15/09/2021 06:05 HKD 25.10 HKD 29.00 Buy Target Price Maggie Yeo 25/08/2021 08:24 HKD 24.10 HKD 30.00 Buy Target Price Maggie Yeo 11/12/2020 03:29 HKD 34.25 HKD 42.00 Buy Target Price Alexis TAY 12/11/2020 08:34 HKD 32.60 HKD 39.00 Buy Target Price Alexis TAY 13/08/2020 10:27 HKD 33.35 HKD 42.00 Buy Target Price Alexis TAY 05/05/2020 06:18 HKD 31.90 HKD 37.00 Buy Target Price Alexis TAY 23/03/2020 03:59 HKD 29.55 HKD 40.00 Buy - Alexis TAY Sandvik (SE0000667891) 19/07/2021 15:59 SEK 216.80 SEK 230.00 Hold Target Price Riadh Hendaoui 22/04/2021 12:05 SEK 227.20 SEK 235.00 Hold Target Price Bruno Villeroil 13/04/2021 17:12 SEK 239.40 SEK 250.00 Hold Target Price Gregoire Cayeux 20/01/2021 10:26 SEK 216.00 SEK 220.00 Hold Target Price Bruno Villeroil 15/10/2020 09:47 SEK 172.75 SEK 180.00 Hold Target Price Gregoire Cayeux 22/07/2020 18:07 SEK 169.20 SEK 170.00 Hold Target Price Bruno Villeroil 15/07/2020 10:37 SEK 179.50 SEK 180.00 Hold Target Price & Rating Mehdi Slimani 02/04/2020 15:48 SEK 131.85 SEK 170.00 Buy - Bruno Villeroil

Date of publication: 23 September 2021 Page 295 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Sanofi (FR0000120578) 10/03/2021 09:43 EUR 79.45 EUR 110.00 Buy Target Price Mehdi Slimani 21/01/2021 18:13 EUR 82.35 EUR 100.00 Buy Target Price Gregoire Cayeux 29/07/2020 10:25 EUR 89.50 EUR 99.00 Buy Rating Mehdi Slimani 21/06/2020 18:15 EUR 94.12 EUR 99.00 Hold Rating Mehdi Slimani 03/06/2020 17:30 EUR 88.82 EUR 99.00 Buy Target Price & Rating Mehdi Slimani 26/05/2020 18:15 EUR 86.53 Conflict of Interest Target Price & Rating Gregoire Cayeux 25/04/2020 09:10 EUR 90.94 EUR 99.00 Hold Rating Gregoire Cayeux 02/04/2020 13:03 EUR 78.94 EUR 99.00 Buy - Mehdi Slimani Santander (ES0113900J37) 21/09/2021 13:05 EUR 2.89 EUR 3.50 Buy Target Price Gregoire Cayeux 29/07/2021 15:28 EUR 3.06 EUR 3.90 Buy Target Price & Rating Riadh Hendaoui 06/05/2021 08:48 EUR 3.22 Conflict of Interest Target Price & Rating Gregoire Cayeux 30/04/2021 10:45 EUR 3.20 EUR 3.50 Buy Target Price Riadh Hendaoui 04/02/2021 19:01 EUR 2.55 EUR 3.30 Buy Target Price Riadh Hendaoui 17/12/2020 14:40 EUR 2.68 EUR 3.10 Buy Target Price Riadh Hendaoui 28/10/2020 17:50 EUR 1.70 EUR 2.50 Buy Target Price Riadh Hendaoui 07/10/2020 16:27 EUR 1.71 EUR 2.30 Buy Target Price Riadh Hendaoui 30/07/2020 22:14 EUR 2.00 EUR 2.85 Buy Target Price Riadh Hendaoui 25/06/2020 21:32 EUR 2.14 EUR 3.00 Buy Target Price Riadh Hendaoui 31/03/2020 21:33 EUR 2.21 EUR 3.30 Buy - Riadh Hendaoui Sap (DE0007164600) 10/09/2021 12:58 EUR 123.28 EUR 145.00 Buy Target Price Riadh Hendaoui 23/07/2021 12:54 EUR 119.00 EUR 140.00 Buy Target Price Riadh Hendaoui 22/04/2021 23:52 EUR 116.70 EUR 135.00 Buy Target Price & Rating Riadh Hendaoui

Date of publication: 23 September 2021 Page 296 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Sap (DE0007164600) 13/04/2021 16:38 EUR 111.24 EUR 110.00 Reduce Rating Riadh Hendaoui 16/02/2021 15:15 EUR 108.84 EUR 110.00 Hold Target Price Riadh Hendaoui 02/02/2021 19:34 EUR 107.04 EUR 105.00 Hold Rating Riadh Hendaoui 07/01/2021 16:30 EUR 105.48 EUR 105.00 Reduce Rating Riadh Hendaoui 05/11/2020 15:07 EUR 96.75 EUR 105.00 Hold Target Price Riadh Hendaoui 27/10/2020 12:32 EUR 97.50 EUR 110.00 Hold Target Price & Rating Riadh Hendaoui 21/07/2020 22:13 EUR 139.24 EUR 180.00 Buy Target Price Riadh Hendaoui 09/07/2020 18:52 EUR 128.78 EUR 145.00 Buy Target Price Riadh Hendaoui 22/04/2020 18:15 EUR 106.28 EUR 120.00 Buy Target Price Riadh Hendaoui 01/04/2020 01:33 EUR 102.18 EUR 125.00 Buy - Riadh Hendaoui Sartorius (DE0007165631) 27/01/2021 11:58 EUR 386.00 EUR 325.00 Sell Rating Torben BUMANN 20/10/2020 17:04 EUR 373.40 EUR 325.00 Reduce Rating Torben BUMANN 07/08/2020 11:27 EUR 324.00 EUR 325.00 Hold Target Price & Rating Gregoire Cayeux 21/04/2020 11:38 EUR 245.00 EUR 175.00 Sell - Torben BUMANN Sats (SG1I52882764) 21/07/2021 11:34 SGD 3.83 SGD 4.50 Buy Target Price Maggie Yeo 17/02/2021 08:29 SGD 4.13 SGD 4.70 Buy Target Price & Rating Maggie Yeo 25/03/2020 07:54 SGD 2.73 SGD 2.70 Hold - Maggie Yeo Saudi Aramco (SA14TG012N13) 29/04/2021 18:03 SAR 35.40 SAR 32.00 Reduce Target Price & Rating Gregoire Cayeux 23/03/2020 13:00 SAR 29.35 SAR 31.50 Hold - Gregoire Cayeux

Date of publication: 23 September 2021 Page 297 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Sbm Offshore (NL0000360618) 13/01/2021 17:34 EUR 16.10 EUR 21.50 Buy Target Price Mehdi Slimani 19/05/2020 15:42 EUR 12.37 EUR 21.00 Buy - Rudy De Groodt Schaeffler Ag (DE000SHA0159) 17/09/2021 19:23 EUR 6.57 EUR 6.60 Hold Target Price & Rating Gregoire Cayeux 20/04/2021 17:31 EUR 8.27 EUR 7.10 Reduce Target Price & Rating Torben BUMANN 05/03/2021 16:15 EUR 7.07 EUR 6.00 Sell Target Price & Rating Bruno Villeroil 14/01/2021 10:46 EUR 6.32 EUR 5.60 Reduce Target Price & Rating Bruno Villeroil 19/11/2020 14:30 EUR 6.10 EUR 6.70 Hold Target Price Gregoire Cayeux 12/11/2020 17:35 EUR 6.54 EUR 6.30 Hold Target Price Torben BUMANN 24/09/2020 15:43 EUR 5.38 EUR 5.80 Hold Target Price & Rating Torben BUMANN 07/08/2020 18:28 EUR 6.41 EUR 7.70 Buy Target Price Gregoire Cayeux 04/04/2020 15:50 EUR 5.64 EUR 8.00 Buy - Gregoire Cayeux Schindler (CH0024638196) 03/05/2021 17:05 CHF 259.80 CHF 275.00 Hold Target Price & Rating Torben BUMANN 15/03/2021 11:41 CHF 269.80 CHF 260.00 Reduce Rating Torben BUMANN 19/02/2021 09:45 CHF 252.50 CHF 260.00 Hold Target Price & Rating Torben BUMANN 17/02/2021 15:25 CHF 251.90 CHF 250.00 Reduce Rating Torben BUMANN 10/12/2020 17:21 CHF 244.80 CHF 250.00 Hold Target Price & Rating Gregoire Cayeux 26/10/2020 17:19 CHF 248.30 CHF 315.00 Buy Target Price Torben BUMANN 20/10/2020 11:37 CHF 249.30 CHF 310.00 Buy Target Price Torben BUMANN 27/07/2020 17:46 CHF 231.10 CHF 265.00 Buy Rating Bruno Villeroil 24/07/2020 11:32 CHF 242.30 CHF 265.00 Hold Rating Torben BUMANN 28/05/2020 20:01 CHF 219.90 CHF 265.00 Buy Target Price & Rating Torben BUMANN 15/04/2020 15:47 CHF 219.40 CHF 210.00 Reduce Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 298 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Schindler (CH0024638196) 26/03/2020 17:43 CHF 209.10 CHF 210.00 Hold - Torben BUMANN Schlumberger Limited (AN8068571086) 29/07/2021 08:10 USD 29.46 USD 36.00 Buy Target Price Godfrey OYENIRAN 15/06/2021 09:44 USD 35.90 USD 40.00 Buy Target Price Godfrey OYENIRAN 12/01/2021 11:16 USD 24.99 USD 34.00 Buy Target Price & Rating Godfrey OYENIRAN 05/01/2021 07:21 USD 21.95 USD 19.00 Reduce Rating Godfrey OYENIRAN 01/10/2020 09:52 USD 15.56 USD 19.00 Buy Target Price Maggie Yeo 25/04/2020 09:26 USD 16.11 USD 48.00 Buy Target Price Gregoire Cayeux 21/04/2020 22:10 USD 15.21 USD 55.00 Buy - Mehdi Slimani Schneider (FR0000121972) 20/07/2021 10:20 EUR 133.34 Conflict of Interest Target Price & Rating Gregoire Cayeux 14/07/2021 22:02 EUR 138.42 EUR 155.00 Buy Target Price & Rating Riadh Hendaoui 28/04/2021 15:56 EUR 137.52 EUR 150.00 Hold Target Price Bruno Villeroil 13/04/2021 20:32 EUR 133.46 EUR 145.00 Hold Target Price & Rating Bruno Villeroil 19/01/2021 15:22 EUR 122.75 EUR 140.00 Buy Target Price Bruno Villeroil 02/12/2020 13:04 EUR 116.80 EUR 135.00 Buy Target Price Gregoire Cayeux 23/10/2020 16:08 EUR 108.30 EUR 125.00 Buy Target Price & Rating Bruno Villeroil 14/10/2020 20:03 EUR 111.10 EUR 120.00 Hold Target Price & Rating Bruno Villeroil 30/07/2020 16:41 EUR 102.50 EUR 115.00 Buy Target Price Bruno Villeroil 26/06/2020 19:24 EUR 96.56 EUR 110.00 Buy Target Price Bruno Villeroil 01/04/2020 09:48 EUR 78.58 EUR 100.00 Buy - Bruno Villeroil Scor (FR0010411983) 10/09/2021 19:35 EUR 26.59 EUR 31.00 Buy Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 299 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Scor (FR0010411983) 27/04/2021 18:20 EUR 28.03 EUR 32.00 Buy Target Price Riadh Hendaoui 08/10/2020 22:23 EUR 24.30 EUR 29.00 Buy Target Price & Rating Riadh Hendaoui 20/04/2020 19:15 EUR 21.56 EUR 24.50 Hold - Gregoire Cayeux Scout24 (DE000A12DM80) 08/09/2021 14:56 EUR 71.58 EUR 72.00 Hold - Torben BUMANN Screen Holdings (JP3494600004) 06/05/2021 09:04 JPY 10460.00 JPY 15000.00 Buy Target Price Maggie Yeo 19/04/2021 09:25 JPY 10960.00 JPY 14200.00 Buy Target Price & Rating Maggie Yeo 16/04/2021 10:19 JPY 11300.00 JPY 12300.00 Hold Target Price & Rating Maggie Yeo 02/02/2021 03:40 JPY 8190.00 JPY 11550.00 Buy Target Price Maggie Yeo 15/01/2021 08:46 JPY 8380.00 JPY 10000.00 Buy Target Price Maggie Yeo 20/11/2020 07:13 JPY 6200.00 JPY 8500.00 Buy Target Price Maggie Yeo 30/07/2020 05:50 JPY 5430.00 JPY 7730.00 Buy Target Price Maggie Yeo 03/07/2020 03:37 JPY 4950.00 JPY 7650.00 Buy Target Price Maggie Yeo 24/04/2020 10:53 JPY 4735.00 JPY 8000.00 Buy - Maggie Yeo Sea (US81141R1005) 22/09/2021 08:42 USD 329.62 USD 370.00 Buy Target Price & Rating Alexis TAY 19/08/2021 09:34 USD 318.61 USD 330.00 Hold Target Price & Rating Alexis TAY 12/04/2021 09:42 USD 253.11 USD 300.00 Buy Target Price & Rating Alexis TAY 19/11/2020 10:32 USD 165.16 USD 175.00 Hold Target Price Alexis TAY 03/09/2020 11:43 USD 157.22 USD 170.00 Hold Target Price Alexis TAY 28/05/2020 10:33 USD 78.91 USD 80.00 Hold Target Price & Rating Alexis TAY 24/03/2020 09:46 USD 38.45 USD 44.00 Buy - Alexis TAY

Date of publication: 23 September 2021 Page 300 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Seagen Inc. (US81181C1045) 12/05/2021 09:12 USD 139.07 USD 179.00 Buy Target Price Mehdi Slimani 06/05/2021 11:08 USD 135.08 USD 188.00 Buy Target Price Mehdi Slimani 03/05/2021 13:33 USD 143.76 USD 179.00 Buy Target Price Gregoire Cayeux 15/02/2021 09:13 USD 165.84 USD 188.00 Buy Target Price & Rating Mehdi Slimani 02/12/2020 17:27 USD 177.41 USD 163.00 Reduce - Gregoire Cayeux Seb (FR0000121709) 23/04/2021 20:18 EUR 144.40 EUR 170.00 Buy Target Price Gregoire Cayeux 26/02/2021 13:56 EUR 152.90 EUR 175.00 Buy Target Price & Rating Gregoire Cayeux 22/01/2021 19:55 EUR 161.30 EUR 178.00 Hold Rating Gregoire Cayeux 13/01/2021 16:45 EUR 150.60 EUR 178.00 Buy Target Price Gregoire Cayeux 06/10/2020 13:52 EUR 142.60 EUR 175.00 Buy Target Price Gregoire Cayeux 24/07/2020 21:12 EUR 144.90 EUR 166.00 Buy Target Price Mehdi Slimani 12/06/2020 13:49 EUR 129.00 EUR 155.00 Buy Target Price & Rating Gregoire Cayeux 29/04/2020 13:12 EUR 117.70 EUR 127.00 Hold Target Price & Rating Gregoire Cayeux 14/04/2020 20:03 EUR 115.00 EUR 130.00 Buy - Gregoire Cayeux Sekisui House (JP3420600003) 01/07/2021 06:00 JPY 2255.50 JPY 2600.00 Buy Target Price Maggie Yeo 11/06/2021 10:51 JPY 2257.50 JPY 2500.00 Buy Target Price Maggie Yeo 19/01/2021 08:18 JPY 2063.00 JPY 2300.00 Buy - Maggie Yeo Sembcorp Industries (SG1R50925390) 12/08/2021 05:34 SGD 2.01 SGD 2.30 Buy Target Price & Rating Maggie Yeo 05/04/2021 08:47 SGD 1.87 SGD 2.05 Hold Target Price & Rating Maggie Yeo 24/02/2021 07:13 SGD 1.66 SGD 1.89 Buy Rating Maggie Yeo

Date of publication: 23 September 2021 Page 301 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Sembcorp Industries (SG1R50925390) 21/12/2020 10:08 SGD 1.75 SGD 1.89 Hold Target Price & Rating Maggie Yeo 10/09/2020 04:51 SGD 1.17 SGD 1.55 Buy Target Price & Rating Maggie Yeo 20/07/2020 09:40 SGD 1.78 SGD 1.85 Hold Rating Maggie Yeo 10/06/2020 07:58 SGD 2.09 SGD 1.85 Reduce Target Price & Rating Maggie Yeo 01/04/2020 10:24 SGD 1.55 SGD 1.60 Hold - Maggie Yeo Sembcorp Marine (SG1H97877952) 06/09/2021 08:33 SGD .08 SGD .08 Hold Target Price & Rating Maggie Yeo 30/06/2021 08:22 SGD .13 SGD .10 Sell Target Price & Rating Maggie Yeo 25/06/2021 08:33 SGD .19 SGD .16 Reduce Rating Maggie Yeo 06/05/2021 09:07 SGD .20 SGD .16 Sell Rating Maggie Yeo 05/04/2021 08:50 SGD .18 SGD .16 Reduce Target Price & Rating Maggie Yeo 24/02/2021 07:15 SGD .16 SGD .12 Sell Rating Maggie Yeo 17/11/2020 02:35 SGD .13 SGD .12 Hold Target Price & Rating Maggie Yeo 10/09/2020 04:49 SGD .19 SGD .14 Sell Target Price Maggie Yeo 10/06/2020 08:02 SGD .62 SGD .30 Sell Target Price Maggie Yeo 25/03/2020 08:11 SGD .66 SGD .50 Sell - Maggie Yeo Semen Indonesia (ID1000106800) 14/07/2020 05:46 IDR 9650.00 Conflict of Interest Target Price & Rating Maggie Yeo 22/06/2020 05:33 IDR 9500.00 IDR 11500.00 Buy - Maggie Yeo Servicenow, Inc. (US81762P1021) 04/08/2021 10:02 USD 584.67 USD 688.00 Buy Target Price Alexis TAY 11/05/2021 12:22 USD 483.51 USD 625.00 Buy Target Price Alexis TAY 02/02/2021 10:57 USD 554.24 USD 648.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 302 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Servicenow, Inc. (US81762P1021) 04/11/2020 09:05 USD 480.05 USD 585.00 Buy Target Price Alexis TAY 01/10/2020 12:18 USD 470.57 USD 496.00 Buy Target Price & Rating Alexis TAY 31/07/2020 16:00 USD 431.40 USD 420.00 Hold Target Price & Rating Riadh Hendaoui 01/05/2020 13:54 USD 351.54 USD 388.00 Buy - Riadh Hendaoui Ses (LU0088087324) 09/04/2021 14:38 EUR 6.94 EUR 10.00 Buy Target Price Gregoire Cayeux 07/11/2020 12:37 EUR 7.57 EUR 9.00 Buy Target Price Gregoire Cayeux 20/04/2020 18:27 EUR 6.53 EUR 8.00 Buy - Mehdi Slimani Seven & I Holdings (JP3422950000) 28/04/2020 05:28 JPY 3611.00 JPY 4200.00 Buy - Maggie Yeo Sgl Carbon (DE0007235301) 14/07/2021 11:55 EUR 9.03 EUR 5.00 Sell Target Price Torben BUMANN 09/03/2021 15:00 EUR 7.02 EUR 4.00 Sell Target Price & Rating Torben BUMANN 26/10/2020 17:15 EUR 2.84 EUR 2.60 Reduce Rating Torben BUMANN 14/08/2020 10:53 EUR 3.66 EUR 2.60 Sell Target Price Torben BUMANN 26/05/2020 14:40 EUR 2.93 EUR 2.30 Sell Rating Torben BUMANN 02/04/2020 17:04 EUR 2.45 EUR 2.30 Reduce - Torben BUMANN Sgs N (CH0002497458) 09/07/2021 13:38 CHF 2889.00 CHF 2900.00 Hold Target Price Gregoire Cayeux 07/12/2020 17:51 CHF 2539.00 CHF 2700.00 Hold Target Price & Rating Gregoire Cayeux 10/07/2020 19:46 CHF 2310.00 CHF 2200.00 Reduce Target Price Gregoire Cayeux 24/04/2020 16:22 CHF 2214.00 CHF 2050.00 Reduce Target Price & Rating Bruno Villeroil 06/04/2020 13:26 CHF 2230.00 CHF 2300.00 Hold - Gregoire Cayeux

Date of publication: 23 September 2021 Page 303 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Shake Shack Inc. (US8190471016) 12/06/2021 11:20 USD 100.30 No Opinion Target Price & Rating Gregoire Cayeux 11/05/2021 10:10 USD 89.48 USD 105.00 Buy Target Price Riadh Hendaoui 02/03/2021 10:54 USD 117.53 USD 125.00 Buy Target Price Gregoire Cayeux 03/11/2020 11:25 USD 64.99 USD 70.00 Buy Rating Riadh Hendaoui 01/11/2020 08:27 USD 67.52 USD 70.00 Hold Target Price & Rating Riadh Hendaoui 01/10/2020 10:37 USD 67.07 USD 52.00 Sell - Timothy FUNG Shandong Weigao (CNE100000171) 30/06/2020 12:03 HKD 17.40 HKD 12.80 Sell Target Price Alexis TAY 28/05/2020 10:45 HKD 12.80 HKD 9.80 Sell Rating Alexis TAY 06/04/2020 09:14 HKD 9.80 HKD 9.80 Hold - Alexis TAY Fosun Pharmaceutical (Group) Co Ltd (CNE100001M79) 21/07/2021 09:07 HKD 66.85 HKD 75.00 Hold Target Price Tony Lau 10/05/2021 09:34 HKD 48.30 HKD 60.00 Hold Rating Tony Lau 07/05/2021 12:16 HKD 48.30 HKD 60.00 Buy Rating Tony Lau 04/05/2021 05:17 HKD 49.35 HKD 60.00 Hold Target Price & Rating Tony Lau 19/01/2021 10:05 HKD 36.90 HKD 45.00 Buy Target Price & Rating Tony Lau 05/08/2020 11:31 HKD 38.15 HKD 42.00 Hold - Tony Lau Shanghai International Airport (A-Share) (CNE000000V89) 14/04/2021 09:25 CNY 58.31 CNY 66.00 Buy Target Price Tony Lau 08/09/2020 05:48 CNY 75.50 CNY 84.90 Buy - Tony Lau Shanghai Jahwa (A-Share) (CNE0000017K5) 28/04/2021 05:02 CNY 58.70 CNY 62.00 Hold Target Price Tony Lau 14/04/2021 05:47 CNY 45.80 CNY 48.00 Hold Target Price & Rating Tony Lau

Date of publication: 23 September 2021 Page 304 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Shanghai Jahwa (A-Share) (CNE0000017K5) 15/05/2020 11:06 CNY 36.60 CNY 17.00 Sell - Tony Lau Shenzhen Airport (A-Share) (CNE000000VK1) 21/05/2021 11:00 CNY 8.11 No Opinion Target Price & Rating Tony Lau 10/09/2020 05:06 CNY 9.15 CNY 9.60 Hold - Tony Lau Shenzhou International (KYG8087W1015) 03/06/2021 10:04 HKD 190.30 HKD 215.00 Buy Target Price Tony Lau 19/03/2021 03:00 HKD 169.20 HKD 195.00 Buy Target Price Tony Lau 09/09/2020 10:52 HKD 124.30 HKD 151.00 Buy Target Price & Rating Tony Lau 27/08/2020 12:13 HKD 125.10 HKD 133.00 Hold Target Price & Rating Tony Lau 28/05/2020 09:28 HKD 89.10 HKD 100.50 Buy - Tony Lau Shimao Group (KYG810431042) 21/09/2021 11:06 HKD 14.10 HKD 13.50 Hold Target Price Maggie Yeo 28/07/2021 08:26 HKD 15.70 HKD 17.00 Hold Target Price & Rating Maggie Yeo 05/03/2021 04:44 HKD 24.20 HKD 32.00 Buy Target Price & Rating Maggie Yeo 04/01/2021 04:23 HKD 23.25 Conflict of Interest Target Price & Rating Maggie Yeo 28/08/2020 11:41 HKD 36.25 HKD 42.16 Buy Target Price Maggie Yeo 09/04/2020 05:10 HKD 28.40 HKD 36.30 Buy - Alexis TAY Shin-Etsu Chemical (JP3371200001) 27/01/2021 08:59 JPY 19300.00 JPY 22000.00 Buy Target Price & Rating Maggie Yeo 28/10/2020 07:04 JPY 14630.00 JPY 16000.00 Hold Rating Maggie Yeo 22/07/2020 08:20 JPY 13135.00 JPY 16000.00 Buy Target Price Maggie Yeo 29/04/2020 08:55 JPY 11700.00 JPY 13000.00 Buy Rating Maggie Yeo 20/04/2020 04:55 JPY 11900.00 JPY 13000.00 Hold - Maggie Yeo

Date of publication: 23 September 2021 Page 305 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Shinhan Financial Group (KR7055550008) 23/12/2020 04:24 KRW 33150.00 KRW 42000.00 Buy Target Price & Rating Tony Lau 14/07/2020 05:12 KRW 29400.00 Conflict of Interest - Tony Lau Shop Apotheke (NL0012044747) 06/09/2021 16:59 EUR 154.90 EUR 93.00 Sell - Torben BUMANN Shopify Inc (CA82509L1076) 02/08/2020 21:29 CAD 1369.78 CAD 626.00 Sell Target Price Riadh Hendaoui 08/05/2020 12:39 CAD 1016.31 CAD 337.00 Sell - Gregoire Cayeux Siam Cement (TH0003010Z04) 09/04/2021 08:53 THB 389.00 THB 462.00 Buy Target Price Maggie Yeo 25/09/2020 05:13 THB 331.00 THB 400.00 Buy Rating Maggie Yeo 01/07/2020 10:29 THB 368.00 THB 400.00 Hold Target Price Maggie Yeo 11/05/2020 11:08 THB 336.00 THB 369.00 Hold Target Price Maggie Yeo 30/04/2020 09:22 THB 340.00 THB 344.00 Hold - Maggie Yeo Siam Commercial Bank (TH0015010000) 22/07/2021 05:43 THB 92.00 THB 110.00 Buy Rating Maggie Yeo 10/06/2021 11:36 THB 103.50 THB 110.00 Hold Target Price & Rating Maggie Yeo 22/04/2021 07:54 THB 106.00 THB 125.00 Buy Target Price Maggie Yeo 26/01/2021 09:01 THB 92.00 THB 105.00 Buy Target Price & Rating Maggie Yeo 22/01/2021 07:02 THB 93.75 THB 100.00 Hold Target Price Maggie Yeo 22/10/2020 08:18 THB 65.00 THB 71.00 Hold Target Price Maggie Yeo 12/08/2020 07:57 THB 70.75 THB 70.00 Hold Target Price Maggie Yeo 22/07/2020 08:18 THB 73.75 THB 75.00 Hold Target Price & Rating Maggie Yeo 05/06/2020 05:16 THB 87.75 THB 73.00 Reduce Target Price & Rating Maggie Yeo

Date of publication: 23 September 2021 Page 306 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Siam Commercial Bank (TH0015010000) 28/04/2020 08:15 THB 66.00 THB 64.00 Hold Rating Maggie Yeo 21/04/2020 09:19 THB 71.75 THB 64.00 Reduce - Maggie Yeo Siam Makro (TH0429010Z01) 19/04/2021 09:34 THB 36.00 THB 46.00 Buy Target Price Maggie Yeo 22/02/2021 09:07 THB 36.25 THB 47.00 Buy Rating Maggie Yeo 11/11/2020 09:00 THB 41.50 THB 47.00 Hold Target Price Maggie Yeo 11/08/2020 08:36 THB 40.25 THB 43.00 Hold Target Price Maggie Yeo 23/04/2020 12:39 THB 35.75 THB 40.00 Hold - Maggie Yeo Siemens (DE0007236101) 22/09/2021 13:09 EUR 146.02 EUR 180.00 Buy Target Price Bruno Villeroil 09/08/2021 13:47 EUR 140.30 EUR 155.00 Buy Target Price & Rating Gregoire Cayeux 13/04/2021 20:17 EUR 139.28 EUR 150.00 Hold Target Price Bruno Villeroil 04/02/2021 16:10 EUR 136.00 EUR 145.00 Hold Target Price & Rating Bruno Villeroil 19/01/2021 15:55 EUR 119.84 EUR 135.00 Buy Target Price Bruno Villeroil 16/11/2020 16:18 EUR 113.04 EUR 125.00 Buy Target Price & Rating Bruno Villeroil 14/10/2020 19:45 EUR 111.24 EUR 120.00 Hold Target Price Bruno Villeroil 10/08/2020 12:44 EUR 115.94 EUR 125.00 Hold Target Price Gregoire Cayeux 15/07/2020 16:49 EUR 109.82 EUR 117.00 Hold Target Price & Rating Riadh Hendaoui 13/05/2020 16:08 EUR 87.86 EUR 105.00 Buy Target Price Bruno Villeroil 01/04/2020 10:56 EUR 77.47 EUR 95.00 Buy - Bruno Villeroil Siemens Energy (DE000ENER6Y0) 05/08/2021 15:28 EUR 22.92 EUR 29.00 Buy Target Price Gregoire Cayeux 14/07/2021 21:41 EUR 26.24 EUR 32.00 Buy Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 307 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Siemens Energy (DE000ENER6Y0) 19/01/2021 18:19 EUR 31.67 EUR 35.00 Buy Target Price Bruno Villeroil 06/10/2020 21:32 EUR 21.75 EUR 29.00 Buy - Bruno Villeroil Siemens Gamesa (ES0143416115) 18/08/2021 10:38 EUR 24.45 EUR 26.20 Hold Target Price Gregoire Cayeux 22/07/2021 17:22 EUR 23.05 EUR 25.70 Hold Target Price & Rating Bruno Villeroil 15/07/2021 17:47 EUR 26.28 EUR 31.00 Buy Rating Riadh Hendaoui 01/07/2021 13:48 EUR 28.16 EUR 31.00 Hold Target Price Bruno Villeroil 04/05/2021 20:20 EUR 28.93 EUR 32.00 Hold Target Price Bruno Villeroil 22/04/2021 17:20 EUR 30.18 EUR 32.50 Hold Rating Bruno Villeroil 08/02/2021 19:11 EUR 33.65 EUR 32.50 Reduce Target Price Bruno Villeroil 25/01/2021 19:18 EUR 35.74 EUR 31.50 Reduce Target Price & Rating Bruno Villeroil 14/01/2021 17:58 EUR 36.06 EUR 29.00 Sell Rating Bruno Villeroil 30/11/2020 10:52 EUR 28.86 EUR 29.00 Hold Target Price & Rating Gregoire Cayeux 05/11/2020 17:58 EUR 25.27 EUR 22.50 Reduce Rating Bruno Villeroil 02/09/2020 16:37 EUR 22.32 EUR 22.50 Hold Target Price & Rating Bruno Villeroil 30/07/2020 21:22 EUR 18.99 EUR 15.50 Sell Rating Bruno Villeroil 22/05/2020 18:26 EUR 13.84 EUR 15.50 Hold Target Price & Rating Bruno Villeroil 31/03/2020 20:11 EUR 13.50 EUR 16.70 Buy - Gregoire Cayeux Siemens Healthineers (DE000SHL1006) 02/08/2021 19:10 EUR 55.68 EUR 57.00 Hold Target Price & Rating Mehdi Slimani 18/06/2021 13:58 EUR 49.99 EUR 49.00 Reduce Target Price & Rating Gregoire Cayeux 24/03/2021 19:16 EUR 46.38 Conflict of Interest Target Price & Rating Gregoire Cayeux 29/01/2021 07:57 EUR 46.18 EUR 49.00 Hold Target Price & Rating Torben BUMANN 04/08/2020 23:17 EUR 40.02 EUR 46.00 Buy Rating Riadh Hendaoui

Date of publication: 23 September 2021 Page 308 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Siemens Healthineers (DE000SHL1006) 05/06/2020 19:04 EUR 45.02 EUR 46.00 Hold Target Price & Rating Mehdi Slimani 07/05/2020 17:51 EUR 41.60 EUR 41.00 Reduce - Mehdi Slimani Sig Combibloc (CH0435377954) 06/09/2021 08:11 CHF 27.84 CHF 30.00 Hold - Torben BUMANN Sika (CH0418792922) 21/04/2021 14:46 CHF 271.80 CHF 305.00 Buy Target Price Torben BUMANN 16/04/2021 14:02 CHF 266.10 CHF 300.00 Buy Target Price Torben BUMANN 22/02/2021 16:50 CHF 248.60 CHF 290.00 Buy Target Price Torben BUMANN 10/02/2021 11:13 CHF 249.50 CHF 285.00 Buy Target Price Torben BUMANN 13/01/2021 11:48 CHF 254.50 CHF 290.00 Buy Target Price Torben BUMANN 11/01/2021 11:31 CHF 254.20 CHF 285.00 Buy Target Price Torben BUMANN 23/10/2020 18:40 CHF 234.20 CHF 265.00 Buy Target Price Torben BUMANN 14/10/2020 11:48 CHF 236.20 CHF 260.00 Buy Target Price & Rating Bruno Villeroil 30/09/2020 13:55 CHF 224.30 CHF 230.00 Hold Rating Torben BUMANN 24/07/2020 11:09 CHF 205.50 CHF 230.00 Buy Target Price & Rating Torben BUMANN 17/07/2020 11:36 CHF 197.40 CHF 210.00 Hold Target Price & Rating Torben BUMANN 27/05/2020 16:52 CHF 177.85 CHF 170.00 Reduce Rating Torben BUMANN 15/04/2020 14:16 CHF 168.00 CHF 170.00 Hold - Gregoire Cayeux Silergy (KYG8190F1028) 30/04/2021 05:37 TWD 2870.00 No Opinion - Tony Lau Simon Property Group, Inc. (US8288061091) 04/08/2021 11:57 USD 129.54 USD 135.00 Hold Target Price Gregoire Cayeux 13/05/2021 12:02 USD 117.62 USD 128.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 309 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Simon Property Group, Inc. (US8288061091) 09/03/2021 16:38 USD 111.70 USD 110.00 Hold Target Price & Rating Gregoire Cayeux 18/11/2020 18:40 USD 76.61 Conflict of Interest Target Price & Rating Gregoire Cayeux 11/11/2020 08:17 USD 78.84 USD 65.00 Sell Target Price Gregoire Cayeux 01/10/2020 09:30 USD 64.68 USD 50.00 Sell Target Price & Rating Timothy FUNG 01/07/2020 11:36 USD 68.38 USD 152.00 Buy Target Price Gregoire Cayeux 04/04/2020 12:22 USD 46.72 USD 154.00 Buy - Gregoire Cayeux Singapore Airlines (SG1V61937297) 21/07/2021 11:32 SGD 4.85 SGD 4.50 Hold Target Price Maggie Yeo 17/02/2021 08:43 SGD 4.40 SGD 4.40 Hold Target Price Maggie Yeo 05/08/2020 06:05 SGD 3.37 SGD 3.50 Hold Target Price Maggie Yeo 19/05/2020 08:06 SGD 3.72 SGD 3.85 Hold Target Price Maggie Yeo 27/03/2020 05:10 SGD 6.50 SGD 5.86 Hold - Maggie Yeo Singapore Exchange (SG1J26887955) 11/08/2021 09:06 SGD 11.00 SGD 12.80 Buy Target Price & Rating Maggie Yeo 06/08/2021 05:47 SGD 12.05 SGD 13.35 Hold Target Price Maggie Yeo 14/07/2021 09:47 SGD 11.22 SGD 11.75 Hold Rating Maggie Yeo 15/06/2021 09:06 SGD 10.43 SGD 11.75 Buy Target Price & Rating Maggie Yeo 11/05/2021 11:26 SGD 10.26 SGD 11.50 Hold Rating Maggie Yeo 26/01/2021 08:56 SGD 10.05 SGD 11.50 Buy Target Price & Rating Maggie Yeo 21/12/2020 09:58 SGD 9.22 SGD 9.65 Hold Target Price Maggie Yeo 02/11/2020 10:33 SGD 8.66 SGD 9.14 Hold Target Price Maggie Yeo 13/08/2020 07:48 SGD 8.72 SGD 8.66 Hold Target Price Maggie Yeo 29/05/2020 07:12 SGD 8.15 SGD 8.00 Hold Target Price Maggie Yeo 12/05/2020 09:05 SGD 9.92 SGD 11.00 Hold Rating Maggie Yeo

Date of publication: 23 September 2021 Page 310 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Singapore Exchange (SG1J26887955) 27/04/2020 10:01 SGD 9.64 SGD 11.00 Buy Rating Maggie Yeo 14/04/2020 08:25 SGD 9.84 SGD 11.00 Hold - Maggie Yeo Singapore Post (SG1N89910219) 17/02/2021 10:19 SGD .69 SGD .70 Hold Target Price Maggie Yeo 25/08/2020 09:26 SGD .71 SGD .76 Hold Target Price Maggie Yeo 11/05/2020 10:32 SGD .74 SGD .82 Hold - Maggie Yeo Singapore Press Hdg. (SG1P66918738) 17/02/2021 10:16 SGD 1.22 SGD 1.26 Hold Target Price Maggie Yeo 25/08/2020 09:23 SGD 1.08 SGD 1.18 Hold Target Price Maggie Yeo 04/05/2020 09:05 SGD 1.52 SGD 1.55 Hold - Maggie Yeo Singtel (SG1T75931496) 29/07/2021 06:08 SGD 2.23 SGD 2.83 Buy Target Price Maggie Yeo 24/05/2021 10:06 SGD 2.41 SGD 3.06 Buy Target Price Maggie Yeo 12/08/2020 08:11 SGD 2.36 SGD 3.21 Buy Target Price Maggie Yeo 27/03/2020 08:23 SGD 2.52 SGD 3.55 Buy - Maggie Yeo Sino Biopharmaceutical (KYG8167W1380) 25/02/2021 03:04 HKD 8.29 HKD 10.50 Buy Target Price Tony Lau 11/12/2020 08:35 HKD 6.81 HKD 9.00 Buy Target Price Tony Lau 20/10/2020 08:41 HKD 8.02 HKD 11.00 Buy Target Price Tony Lau 05/08/2020 12:29 HKD 10.00 HKD 12.50 Buy - Tony Lau Sino Land (HK0083000502) 20/09/2021 10:08 HKD 10.76 HKD 10.50 Hold Target Price & Rating Tony Lau 01/06/2021 11:11 HKD 12.18 HKD 14.00 Buy Target Price & Rating Tony Lau

Date of publication: 23 September 2021 Page 311 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Sino Land (HK0083000502) 23/10/2020 05:05 HKD 9.78 HKD 11.00 Hold Target Price & Rating Tony Lau 25/05/2020 13:07 HKD 8.97 HKD 8.00 Reduce - Tony Lau Sinopec (CNE1000002Q2) 15/07/2021 09:06 HKD 3.75 HKD 5.20 Buy Target Price Maggie Yeo 10/03/2021 09:42 HKD 4.36 HKD 5.00 Buy Target Price Maggie Yeo 02/02/2021 03:24 HKD 3.71 HKD 4.80 Buy Target Price Maggie Yeo 20/10/2020 10:00 HKD 3.01 HKD 4.60 Buy Target Price Maggie Yeo 05/08/2020 08:12 HKD 3.35 HKD 4.70 Buy Target Price Maggie Yeo 17/07/2020 08:57 HKD 3.32 HKD 4.60 Buy Target Price Maggie Yeo 06/05/2020 08:43 HKD 3.65 HKD 4.50 Buy Target Price Alexis TAY 25/03/2020 09:15 HKD 3.42 HKD 5.20 Buy Target Price Alexis TAY 24/03/2020 04:46 HKD 3.50 HKD 5.60 Buy - Alexis TAY Sinopec (A-Share) (CNE0000018G1) 25/03/2020 09:12 CNY 4.48 CNY 6.10 Buy - Alexis TAY Sinopec Engineering Group (CNE100001NV2) 27/03/2020 09:33 HKD 3.18 HKD 4.30 Buy - Alexis TAY Sinopharm Group Co Ltd (CNE100000FN7) 11/12/2020 07:52 HKD 19.02 HKD 21.00 Hold Target Price & Rating Tony Lau 06/08/2020 13:22 HKD 19.22 HKD 17.00 Reduce - Tony Lau Sjm Holdings (HK0880043028) 25/08/2021 08:27 HKD 5.88 HKD 8.00 Buy Target Price Maggie Yeo 05/03/2021 04:37 HKD 10.68 HKD 12.00 Buy Target Price & Rating Alexis TAY 19/01/2021 03:12 HKD 8.63 Conflict of Interest Target Price & Rating Alexis TAY

Date of publication: 23 September 2021 Page 312 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Sjm Holdings (HK0880043028) 12/11/2020 08:35 HKD 9.55 HKD 11.00 Buy Target Price Alexis TAY 13/08/2020 10:39 HKD 9.90 HKD 12.00 Buy Target Price Alexis TAY 28/04/2020 09:00 HKD 7.65 HKD 10.00 Buy - Alexis TAY Sk Hynix (KR7000660001) 11/05/2021 05:14 KRW 129500.00 KRW 155000.00 Buy - Tony Lau Sk Innovation (KR7096770003) 03/03/2021 05:46 KRW 265000.00 KRW 280000.00 Hold Target Price & Rating Tony Lau 25/01/2021 04:46 KRW 286500.00 Conflict of Interest Rating Tony Lau 25/01/2021 04:43 KRW 278000.00 No Opinion Target Price & Rating Tony Lau 09/09/2020 09:56 KRW 148000.00 KRW 170000.00 Buy - Tony Lau Skechers U.S.A., Inc. (US8305661055) 28/07/2021 11:04 USD 52.81 USD 60.00 Buy Target Price Riadh Hendaoui 03/06/2021 16:08 USD 46.42 USD 51.00 Buy Rating Riadh Hendaoui 24/04/2021 13:48 USD 51.90 USD 51.00 Hold Target Price Gregoire Cayeux 07/02/2021 19:17 USD 37.25 USD 36.00 Hold Target Price Riadh Hendaoui 01/10/2020 10:44 USD 30.37 USD 31.00 Hold - Timothy FUNG Skf (SE0000108227) 21/07/2021 16:44 SEK 217.10 SEK 225.00 Hold Target Price & Rating Bruno Villeroil 23/04/2021 16:38 SEK 227.60 SEK 215.00 Reduce Target Price Bruno Villeroil 13/04/2021 17:25 SEK 249.80 SEK 235.00 Reduce Target Price & Rating Gregoire Cayeux 02/12/2020 13:48 SEK 214.00 SEK 225.00 Hold Target Price Gregoire Cayeux 28/10/2020 16:36 SEK 193.65 SEK 200.00 Hold Rating Bruno Villeroil 22/07/2020 17:17 SEK 174.25 SEK 200.00 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 313 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Skf (SE0000108227) 15/07/2020 16:08 SEK 188.40 SEK 210.00 Buy Target Price Riadh Hendaoui 27/04/2020 16:21 SEK 154.55 SEK 200.00 Buy Target Price Bruno Villeroil 02/04/2020 11:34 SEK 128.35 SEK 180.00 Buy - Bruno Villeroil Skyworks Solutions, Inc. (US83088M1027) 04/08/2021 10:07 USD 187.33 USD 200.00 Hold Rating Alexis TAY 02/02/2021 10:57 USD 159.79 USD 200.00 Buy Target Price Alexis TAY 04/11/2020 09:06 USD 142.12 USD 160.00 Buy Target Price & Rating Alexis TAY 29/10/2020 04:32 USD 145.12 USD 145.00 Hold Rating Alexis TAY 01/10/2020 12:41 USD 139.64 USD 145.00 Buy - Alexis TAY Sm Investments Corporation (PHY806761029) 25/02/2021 04:55 PHP 1038.00 PHP 1090.00 Hold Target Price Maggie Yeo 12/10/2020 10:04 PHP 899.50 PHP 955.00 Hold Target Price & Rating Maggie Yeo 06/08/2020 08:59 PHP 870.00 PHP 982.00 Buy Target Price Maggie Yeo 14/05/2020 07:53 PHP 826.00 PHP 943.00 Buy - Maggie Yeo Sm Prime Holdings (PHY8076N1120) 09/02/2021 10:51 PHP 37.45 PHP 41.00 Hold Target Price Maggie Yeo 28/10/2020 07:25 PHP 33.50 PHP 31.50 Hold Rating Maggie Yeo 04/09/2020 05:55 PHP 27.95 PHP 31.50 Buy Target Price Maggie Yeo 24/04/2020 11:21 PHP 30.25 PHP 36.00 Buy - Maggie Yeo Smic (KYG8020E1199) 13/08/2021 10:18 HKD 25.55 HKD 28.00 Buy Target Price Tony Lau 06/05/2021 12:20 HKD 25.20 HKD 29.00 Buy Target Price & Rating Tony Lau 18/03/2021 04:40 HKD 25.95 HKD 28.00 Hold Target Price & Rating Tony Lau

Date of publication: 23 September 2021 Page 314 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Smic (KYG8020E1199) 11/01/2021 08:31 HKD 25.00 HKD 20.00 Sell Target Price Tony Lau 07/10/2020 09:05 HKD 18.50 HKD 15.00 Sell Rating Tony Lau 28/09/2020 08:49 HKD 18.58 HKD 15.00 Reduce Target Price Tony Lau 07/09/2020 05:44 HKD 23.65 HKD 16.90 Reduce Target Price & Rating Tony Lau 04/09/2020 08:57 HKD 24.60 HKD 28.00 Buy Target Price Tony Lau 07/08/2020 11:52 HKD 32.75 HKD 35.00 Buy Target Price Tony Lau 17/07/2020 10:29 HKD 28.75 HKD 40.00 Buy Target Price & Rating Tony Lau 29/06/2020 10:14 HKD 28.60 HKD 24.50 Reduce Target Price & Rating Tony Lau 14/05/2020 05:43 HKD 17.14 HKD 19.50 Hold Target Price & Rating Tony Lau 24/04/2020 12:12 HKD 14.56 HKD 17.00 Buy - Tony Lau Smith & Nephew (GB0009223206) 31/07/2021 11:31 GBP 1462.00 GBP 1500.00 Hold Rating Gregoire Cayeux 30/04/2021 20:54 GBP 1568.00 GBP 1500.00 Reduce Target Price Mehdi Slimani 19/02/2021 13:16 GBP 1475.00 GBP 1400.00 Reduce Rating Gregoire Cayeux 31/10/2020 15:58 GBP 1336.50 GBP 1400.00 Hold Target Price & Rating Gregoire Cayeux 08/06/2020 09:54 GBP 1736.00 GBP 1500.00 Reduce - Mehdi Slimani Smurfit Kappa Group (IE00B1RR8406) 10/09/2021 16:20 EUR 48.73 EUR 56.00 Buy Target Price Bruno Villeroil 28/07/2021 16:36 EUR 47.49 EUR 54.00 Buy Target Price Bruno Villeroil 12/07/2021 20:35 EUR 46.39 EUR 52.00 Buy Target Price Riadh Hendaoui 26/05/2021 16:11 EUR 44.09 EUR 50.00 Buy Target Price Bruno Villeroil 30/04/2021 20:52 EUR 41.15 EUR 48.00 Buy Target Price Bruno Villeroil 13/04/2021 13:43 EUR 39.84 EUR 47.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 315 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Snam (IT0003153415) 18/11/2020 13:21 EUR 4.58 EUR 4.90 Hold Target Price Gregoire Cayeux 22/07/2020 19:23 EUR 4.75 EUR 5.00 Hold Target Price & Rating Mehdi Slimani 23/03/2020 11:08 EUR 3.76 EUR 4.50 Buy - Mehdi Slimani Snap Inc. (US83304A1060) 24/08/2021 12:25 USD 72.72 USD 70.00 Hold Target Price Alexis TAY 30/04/2021 08:22 USD 60.51 USD 57.00 Hold Target Price & Rating Alexis TAY 11/02/2021 08:36 USD 63.78 USD 50.00 Sell Target Price Alexis TAY 10/07/2020 11:26 USD 25.94 USD 18.00 Sell Target Price Mehdi Slimani 30/06/2020 15:45 USD 23.09 USD 17.00 Sell Rating Mehdi Slimani 23/04/2020 10:01 USD 17.01 USD 17.00 Hold - Mehdi Slimani Snowflake Inc. (US8334451098) 31/08/2021 16:40 USD 297.85 USD 298.00 Hold Target Price & Rating Gregoire Cayeux 12/06/2021 10:30 USD 240.60 USD 271.00 Buy - Gregoire Cayeux Société Générale (FR0000130809) 04/08/2021 14:03 EUR 26.45 EUR 32.00 Buy Target Price & Rating Gregoire Cayeux 07/05/2021 13:16 EUR 24.92 EUR 27.00 Hold Target Price Riadh Hendaoui 09/04/2021 10:36 EUR 22.25 EUR 25.00 Hold Target Price Riadh Hendaoui 01/04/2021 12:44 EUR 22.32 EUR 24.50 Hold Target Price Riadh Hendaoui 04/03/2021 00:13 EUR 20.73 EUR 22.00 Hold Target Price & Rating Riadh Hendaoui 11/02/2021 17:30 EUR 17.90 EUR 21.00 Buy Target Price & Rating Riadh Hendaoui 11/01/2021 19:01 EUR 17.78 EUR 20.00 Hold Target Price Riadh Hendaoui 08/12/2020 14:36 EUR 17.79 EUR 18.00 Hold Target Price & Rating Gregoire Cayeux 09/11/2020 16:48 EUR 13.08 EUR 17.20 Buy Target Price & Rating Riadh Hendaoui

Date of publication: 23 September 2021 Page 316 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Société Générale (FR0000130809) 01/09/2020 18:22 EUR 13.58 EUR 16.50 Hold Target Price & Rating Gregoire Cayeux 07/07/2020 23:02 EUR 15.87 EUR 17.60 Buy Target Price & Rating Riadh Hendaoui 04/05/2020 18:57 EUR 14.26 EUR 17.00 Hold Target Price & Rating Riadh Hendaoui 31/03/2020 15:25 EUR 15.44 EUR 22.70 Buy - Riadh Hendaoui Sodexo (FR0000121220) 17/05/2021 13:42 EUR 84.44 EUR 87.00 Hold Target Price & Rating Gregoire Cayeux 22/02/2021 18:54 EUR 75.24 EUR 90.00 Buy Target Price Gregoire Cayeux 27/01/2021 18:30 EUR 75.00 EUR 86.00 Buy Target Price Gregoire Cayeux 04/09/2020 18:16 EUR 64.26 EUR 78.00 Buy Target Price Gregoire Cayeux 02/06/2020 19:27 EUR 63.10 EUR 75.00 Buy - Gregoire Cayeux Sofina (BE0003717312) 22/09/2021 12:26 EUR 351.80 EUR 360.00 Hold Target Price & Rating Gregoire Cayeux 23/07/2021 17:34 EUR 395.00 EUR 280.00 Sell Rating Riadh Hendaoui 25/01/2021 10:35 EUR 274.50 EUR 280.00 Hold Target Price & Rating Gregoire Cayeux 23/07/2020 12:27 EUR 243.00 EUR 230.00 Reduce Target Price & Rating Patrick Casselman 29/04/2020 00:56 EUR 220.00 EUR 220.00 Hold - Rudy De Groodt Softbank Corp (JP3436100006) 26/08/2021 10:03 JPY 6179.00 JPY 8000.00 Buy Target Price Tony Lau 17/05/2021 10:06 JPY 8467.00 JPY 11500.00 Buy Target Price & Rating Tony Lau 22/12/2020 04:18 JPY 8489.00 JPY 9500.00 Hold Target Price & Rating Tony Lau 14/07/2020 05:16 JPY 6443.00 Conflict of Interest Target Price & Rating Tony Lau 23/03/2020 09:45 JPY 2687.00 JPY 4200.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 317 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Software Ag (DE000A2GS401) 02/09/2021 09:20 EUR 43.08 No Opinion Target Price & Rating Gregoire Cayeux 15/07/2021 17:29 EUR 40.70 EUR 39.00 Reduce Rating Torben BUMANN 04/02/2021 17:03 EUR 36.66 EUR 39.00 Hold Rating Torben BUMANN 27/01/2021 11:10 EUR 33.58 EUR 39.00 Buy Rating Torben BUMANN 09/12/2020 12:05 EUR 35.90 EUR 39.00 Hold Target Price & Rating Torben BUMANN 30/07/2020 00:11 EUR 39.84 EUR 47.00 Buy Target Price & Rating Riadh Hendaoui 22/07/2020 12:05 EUR 37.76 EUR 34.00 Reduce Rating Torben BUMANN 15/04/2020 16:12 EUR 28.80 EUR 34.00 Buy - Gregoire Cayeux Softwareone (CH0496451508) 08/09/2021 15:23 CHF 25.80 No Opinion Target Price & Rating Gregoire Cayeux 31/03/2021 14:56 CHF 23.25 CHF 29.00 Buy Target Price & Rating Torben BUMANN 26/03/2021 11:05 CHF 23.50 CHF 30.00 Hold - Torben BUMANN (FR0013227113) 28/06/2021 13:03 EUR 187.70 EUR 225.00 Buy Target Price & Rating Riadh Hendaoui 22/04/2021 18:56 EUR 164.80 EUR 175.00 Hold Target Price & Rating Riadh Hendaoui 28/09/2020 10:24 EUR 121.20 Conflict of Interest Target Price & Rating Gregoire Cayeux 16/09/2020 18:27 EUR 121.70 EUR 175.00 Buy Target Price & Rating Riadh Hendaoui 08/06/2020 22:15 EUR 94.05 EUR 100.00 Hold Rating Riadh Hendaoui 25/03/2020 05:30 EUR 60.90 EUR 100.00 Buy - Riadh Hendaoui Solvay (BE0003470755) 16/07/2021 21:32 EUR 109.05 EUR 107.00 Reduce Target Price Riadh Hendaoui 06/05/2021 13:51 EUR 110.75 EUR 103.00 Reduce Target Price Gregoire Cayeux 26/04/2021 19:43 EUR 104.50 EUR 98.00 Reduce Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 318 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Solvay (BE0003470755) 25/02/2021 15:37 EUR 104.05 EUR 93.00 Reduce Target Price & Rating Bruno Villeroil 15/01/2021 16:31 EUR 100.55 EUR 72.00 Sell Target Price & Rating Bruno Villeroil 15/10/2020 18:53 EUR 76.74 EUR 69.00 Reduce Target Price & Rating Bruno Villeroil 30/07/2020 17:48 EUR 67.60 EUR 68.00 Hold Rating Bruno Villeroil 15/07/2020 18:33 EUR 72.98 EUR 68.00 Reduce Target Price & Rating Mehdi Slimani 04/04/2020 17:25 EUR 65.68 EUR 69.00 Hold - Gregoire Cayeux Sonova (CH0012549785) 16/07/2021 23:16 CHF 346.80 CHF 317.00 Reduce Target Price Riadh Hendaoui 21/05/2021 15:12 CHF 297.40 CHF 285.00 Reduce Target Price & Rating Torben BUMANN 26/03/2021 17:24 CHF 255.80 CHF 200.00 Sell Rating Torben BUMANN 11/01/2021 11:46 CHF 229.30 CHF 200.00 Reduce Rating Torben BUMANN 19/11/2020 17:50 CHF 228.00 CHF 200.00 Sell Rating Torben BUMANN 29/09/2020 16:40 CHF 234.60 CHF 200.00 Reduce Target Price & Rating Torben BUMANN 08/07/2020 12:30 CHF 200.30 CHF 170.00 Sell Target Price & Rating Torben BUMANN 01/07/2020 13:52 CHF 189.15 CHF 166.00 Reduce Target Price & Rating Torben BUMANN 19/05/2020 11:33 CHF 194.95 CHF 131.00 Sell Rating Torben BUMANN 24/03/2020 10:24 CHF 147.90 CHF 131.00 Reduce - Torben BUMANN Sony (JP3435000009) 03/09/2021 09:34 JPY 11440.00 JPY 11800.00 Hold Target Price Maggie Yeo 27/05/2021 05:34 JPY 10755.00 JPY 11500.00 Hold Target Price Maggie Yeo 04/05/2021 08:26 JPY 10900.00 JPY 11800.00 Hold Target Price Maggie Yeo 29/04/2021 09:17 JPY 11450.00 JPY 12000.00 Hold Target Price Maggie Yeo 10/03/2021 09:27 JPY 10810.00 JPY 11500.00 Hold Target Price & Rating Maggie Yeo 05/02/2021 09:19 JPY 11650.00 JPY 13000.00 Buy Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 319 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Sony (JP3435000009) 05/01/2021 09:21 JPY 10285.00 JPY 12000.00 Buy Target Price Maggie Yeo 02/11/2020 10:37 JPY 8674.00 JPY 9650.00 Buy Target Price Maggie Yeo 07/10/2020 08:08 JPY 7828.00 JPY 9000.00 Buy Target Price Maggie Yeo 05/08/2020 08:06 JPY 8686.00 JPY 9650.00 Buy Target Price Maggie Yeo 04/08/2020 08:28 JPY 8314.00 JPY 9500.00 Buy Target Price & Rating Maggie Yeo 17/07/2020 09:00 JPY 8176.00 JPY 8475.00 Hold Target Price Maggie Yeo 15/05/2020 09:53 JPY 6794.00 JPY 7250.00 Hold Target Price & Rating Maggie Yeo 14/04/2020 08:40 JPY 6507.00 JPY 7400.00 Buy Target Price & Rating Maggie Yeo 31/03/2020 07:29 JPY 6434.00 JPY 7250.00 Hold Rating Maggie Yeo 24/03/2020 07:46 JPY 5929.00 JPY 7250.00 Buy - Maggie Yeo (FR0000050809) 03/09/2021 15:24 EUR 175.10 EUR 215.00 Buy Target Price Riadh Hendaoui 30/07/2021 13:15 EUR 166.00 EUR 190.00 Buy Target Price & Rating Riadh Hendaoui 29/07/2021 12:14 EUR 174.70 EUR 185.00 Hold Rating Riadh Hendaoui 19/04/2021 17:11 EUR 140.40 EUR 185.00 Buy Target Price Riadh Hendaoui 02/03/2021 20:13 EUR 142.10 EUR 165.00 Buy Target Price & Rating Riadh Hendaoui 26/02/2021 12:58 EUR 141.90 EUR 150.00 Hold Rating Gregoire Cayeux 06/08/2020 11:42 EUR 130.70 EUR 150.00 Buy Target Price & Rating Riadh Hendaoui 24/04/2020 12:05 EUR 102.70 EUR 120.00 Hold Rating Riadh Hendaoui 07/04/2020 19:56 EUR 95.55 EUR 120.00 Buy - Riadh Hendaoui Southwest Airlines Co. (US8447411088) 26/04/2021 11:44 USD 61.53 USD 71.00 Buy Target Price Bruno Villeroil 26/02/2021 12:36 USD 58.31 USD 68.00 Buy Target Price & Rating Bruno Villeroil 23/02/2021 11:46 USD 54.79 USD 53.00 Hold Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 320 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Southwest Airlines Co. (US8447411088) 29/01/2021 12:41 USD 44.60 USD 53.00 Buy Target Price Bruno Villeroil 23/10/2020 12:24 USD 41.93 USD 48.00 Buy Target Price Bruno Villeroil 01/10/2020 13:50 USD 38.12 USD 42.00 Buy Target Price Maggie Yeo 17/07/2020 15:36 USD 34.21 USD 44.00 Buy Target Price & Rating Mehdi Slimani 28/04/2020 19:40 USD 29.69 Conflict of Interest Target Price & Rating Gregoire Cayeux 17/04/2020 11:07 USD 30.68 USD 46.00 Hold - Gregoire Cayeux Spie (FR0012757854) 16/03/2021 12:57 EUR 19.80 EUR 23.00 Buy Target Price Bruno Villeroil 15/01/2021 16:05 EUR 18.32 EUR 22.00 Buy Target Price Bruno Villeroil 31/07/2020 12:47 EUR 14.14 EUR 17.50 Buy Target Price Bruno Villeroil 04/05/2020 23:27 EUR 13.78 EUR 16.00 Buy - Bruno Villeroil Spotify Technology Sa (LU1778762911) 31/07/2020 09:46 USD 261.79 USD 156.00 Sell Target Price & Rating Mehdi Slimani 04/05/2020 09:28 USD 144.84 USD 150.00 Buy - Mehdi Slimani Square, Inc. (US8522341036) 04/08/2021 10:01 USD 272.38 USD 300.00 Buy Target Price & Rating Alexis TAY 19/07/2021 05:41 USD 237.52 USD 240.00 Hold Rating Alexis TAY 24/05/2021 10:12 USD 200.01 USD 240.00 Buy Rating Alexis TAY 11/05/2021 12:23 USD 233.35 USD 240.00 Hold Rating Alexis TAY 10/03/2021 03:51 USD 201.87 USD 240.00 Buy Rating Alexis TAY 25/02/2021 09:57 USD 237.32 USD 240.00 Hold Target Price Alexis TAY 10/11/2020 10:22 USD 198.08 USD 200.00 Hold Target Price Alexis TAY 01/10/2020 12:19 USD 149.59 USD 155.00 Hold Target Price & Rating Alexis TAY

Date of publication: 23 September 2021 Page 321 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Square, Inc. (US8522341036) 06/08/2020 09:55 USD 146.55 USD 64.00 Sell Target Price Riadh Hendaoui 09/05/2020 16:25 USD 76.05 USD 49.00 Sell Rating Gregoire Cayeux 09/04/2020 10:18 USD 57.04 USD 49.00 Reduce - Riadh Hendaoui St Engineering (SG1F60858221) 16/08/2021 09:47 SGD 4.08 SGD 4.17 Hold Target Price Maggie Yeo 26/03/2021 01:33 SGD 3.87 SGD 4.10 Hold Target Price Maggie Yeo 24/08/2020 10:20 SGD 3.42 SGD 3.76 Hold Target Price Maggie Yeo 19/05/2020 08:20 SGD 3.27 SGD 3.45 Hold Target Price & Rating Maggie Yeo 25/03/2020 08:40 SGD 2.90 SGD 4.45 Buy - Maggie Yeo (GB0004082847) 16/09/2021 16:27 GBP 440.90 GBP 515.00 Buy Target Price & Rating Riadh Hendaoui 13/08/2021 15:51 GBP 461.50 GBP 490.00 Hold Target Price Gregoire Cayeux 06/07/2021 13:51 GBP 459.40 GBP 485.00 Hold Target Price & Rating Riadh Hendaoui 12/05/2021 20:58 GBP 508.00 GBP 500.00 Reduce Target Price & Rating Riadh Hendaoui 01/03/2021 20:08 GBP 462.10 GBP 490.00 Hold Target Price & Rating Riadh Hendaoui 19/01/2021 15:07 GBP 490.90 GBP 480.00 Reduce Target Price Riadh Hendaoui 03/12/2020 20:17 GBP 487.50 GBP 440.00 Reduce Target Price Gregoire Cayeux 12/11/2020 18:54 GBP 428.20 GBP 420.00 Reduce Target Price & Rating Riadh Hendaoui 31/07/2020 17:44 GBP 394.10 GBP 450.00 Buy Target Price Riadh Hendaoui 22/05/2020 19:03 GBP 391.50 GBP 500.00 Buy Target Price & Rating Gregoire Cayeux 14/04/2020 19:12 GBP 450.90 GBP 520.00 Hold Target Price Riadh Hendaoui 24/03/2020 10:55 GBP 421.10 GBP 560.00 Hold - Gregoire Cayeux

Date of publication: 23 September 2021 Page 322 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Starbucks Corporation (US8552441094) 28/07/2021 21:37 USD 126.03 USD 140.00 Buy Target Price Bruno Villeroil 28/04/2021 13:28 USD 116.15 USD 125.00 Buy Target Price Gregoire Cayeux 27/01/2021 23:54 USD 104.69 USD 115.00 Buy Target Price Gregoire Cayeux 30/10/2020 12:53 USD 88.30 USD 95.00 Buy Target Price Riadh Hendaoui 17/08/2020 09:39 USD 78.37 USD 90.00 Buy Target Price Gregoire Cayeux 10/04/2020 13:32 USD 73.88 USD 86.00 Buy - Gregoire Cayeux Starhub (SG1V12936232) 29/07/2021 08:18 SGD 1.20 SGD 1.38 Buy Target Price & Rating Maggie Yeo 11/11/2020 03:57 SGD 1.23 SGD 1.34 Hold Target Price Maggie Yeo 11/08/2020 08:59 SGD 1.21 SGD 1.27 Hold Rating Maggie Yeo 08/05/2020 10:54 SGD 1.49 SGD 1.27 Reduce - Maggie Yeo State Street Corporation (US8574771031) 19/07/2021 08:42 USD 84.34 USD 94.00 Buy Target Price Godfrey OYENIRAN 22/04/2021 10:56 USD 80.89 USD 92.00 Buy Target Price & Rating Godfrey OYENIRAN 23/03/2021 10:47 USD 81.62 USD 86.00 Hold Rating Godfrey OYENIRAN 20/01/2021 11:05 USD 78.40 USD 86.00 Buy Target Price Godfrey OYENIRAN 19/10/2020 03:02 USD 66.58 USD 74.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 13:16 USD 58.88 USD 70.00 Buy Target Price & Rating Godfrey OYENIRAN 21/04/2020 10:09 USD 58.18 USD 60.00 Hold - Riadh Hendaoui Stellantis (NL00150001Q9) 17/09/2021 20:49 EUR 17.41 EUR 24.00 Buy Target Price & Rating Bruno Villeroil 08/09/2021 09:28 EUR 16.62 Conflict of Interest Target Price & Rating Gregoire Cayeux 16/07/2021 00:22 EUR 16.25 EUR 23.00 Buy Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 323 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Stellantis (NL00150001Q9) 21/06/2021 19:27 EUR 16.47 EUR 24.00 Buy Target Price Bruno Villeroil 22/04/2021 16:38 EUR 14.35 EUR 21.00 Buy Target Price Bruno Villeroil 13/04/2021 15:41 EUR 14.91 EUR 20.00 Buy Target Price Bruno Villeroil 18/03/2021 20:25 EUR 14.94 EUR 18.00 Buy Target Price Bruno Villeroil 27/01/2021 16:17 EUR 12.84 EUR 17.50 Buy - Bruno Villeroil Stmicroelectronics (NL0000226223) 30/07/2021 15:09 EUR 35.04 EUR 52.00 Buy Target Price Riadh Hendaoui 30/04/2021 19:12 EUR 32.54 EUR 48.00 Buy Target Price Riadh Hendaoui 19/01/2021 12:50 EUR 33.07 EUR 44.00 Buy Target Price Riadh Hendaoui 10/12/2020 19:07 EUR 29.96 EUR 38.00 Buy Target Price Riadh Hendaoui 08/12/2020 14:52 EUR 34.41 EUR 40.00 Buy Target Price & Rating Gregoire Cayeux 31/07/2020 18:19 EUR 23.81 Conflict of Interest Target Price & Rating Gregoire Cayeux 10/07/2020 16:27 EUR 24.12 EUR 34.00 Buy Target Price Riadh Hendaoui 23/04/2020 17:39 EUR 21.40 EUR 27.00 Buy Target Price Riadh Hendaoui 24/03/2020 21:05 EUR 16.08 EUR 24.00 Buy - Riadh Hendaoui Stora Enso (FI0009005961) 13/05/2021 13:22 EUR 15.77 EUR 22.00 Buy Target Price Gregoire Cayeux 26/04/2021 20:17 EUR 16.68 EUR 21.00 Buy Target Price Bruno Villeroil 17/03/2021 19:02 EUR 16.08 EUR 20.00 Buy Target Price Bruno Villeroil 01/02/2021 20:02 EUR 15.35 EUR 18.00 Buy Target Price Bruno Villeroil 15/01/2021 18:29 EUR 16.00 EUR 19.00 Buy Target Price Bruno Villeroil 21/10/2020 18:15 EUR 13.66 EUR 16.00 Buy Rating Bruno Villeroil 20/10/2020 16:10 EUR 14.22 EUR 16.00 Hold Rating Bruno Villeroil 25/09/2020 12:49 EUR 13.46 EUR 16.00 Buy Target Price & Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 324 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Stora Enso (FI0009005961) 08/09/2020 12:16 EUR 13.26 EUR 15.00 Hold Rating Bruno Villeroil 22/07/2020 12:23 EUR 11.25 EUR 15.00 Buy Target Price Bruno Villeroil 16/06/2020 13:05 EUR 10.60 EUR 14.50 Buy Target Price Bruno Villeroil 08/04/2020 11:43 EUR 10.36 EUR 13.50 Buy - Bruno Villeroil Stratasys Ltd. (IL0011267213) 07/05/2021 07:54 USD 19.57 USD 24.00 Buy Target Price Alexis TAY 22/02/2021 03:10 USD 43.92 USD 48.00 Buy Target Price Alexis TAY 01/10/2020 12:41 USD 13.17 USD 18.00 Buy - Alexis TAY Straumann (CH0012280076) 16/08/2021 12:55 CHF 1670.00 CHF 1800.00 Hold Rating Mehdi Slimani 08/07/2021 15:59 CHF 1539.00 CHF 1800.00 Buy Target Price & Rating Gregoire Cayeux 30/04/2021 20:59 CHF 1298.50 CHF 1350.00 Hold Target Price & Rating Mehdi Slimani 18/02/2021 16:11 CHF 1135.00 CHF 1050.00 Reduce Target Price Gregoire Cayeux 29/10/2020 20:46 CHF 924.60 CHF 900.00 Reduce Target Price Mehdi Slimani 14/08/2020 14:12 CHF 905.60 CHF 825.00 Reduce Target Price Gregoire Cayeux 08/06/2020 09:43 CHF 806.60 CHF 750.00 Reduce - Mehdi Slimani Stryker Corporation (US8636671013) 29/07/2021 18:01 USD 268.68 USD 280.00 Hold Target Price Bruno Villeroil 29/04/2021 21:37 USD 259.58 USD 266.00 Hold Target Price Mehdi Slimani 06/02/2021 08:48 USD 238.78 USD 241.00 Hold Rating Gregoire Cayeux 29/01/2021 09:54 USD 230.00 USD 241.00 Buy Rating Mehdi Slimani 20/01/2021 08:36 USD 242.07 USD 241.00 Hold Target Price Gregoire Cayeux 09/12/2020 10:47 USD 235.45 USD 232.00 Hold Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 325 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Stryker Corporation (US8636671013) 02/11/2020 18:47 USD 202.01 USD 232.00 Buy Target Price Mehdi Slimani 01/10/2020 10:42 USD 208.37 USD 231.00 Buy Target Price & Rating Godfrey OYENIRAN 04/08/2020 10:55 USD 191.60 USD 158.00 Sell Rating Gregoire Cayeux 09/04/2020 12:02 USD 176.43 USD 158.00 Reduce - Gregoire Cayeux Ströer (DE0007493991) 28/06/2021 10:53 EUR 68.80 EUR 79.00 Buy Rating Torben BUMANN 11/06/2021 15:27 EUR 70.70 EUR 79.00 Hold Target Price & Rating Torben BUMANN 01/04/2021 13:53 EUR 69.50 EUR 83.00 Buy Rating Torben BUMANN 24/02/2021 14:31 EUR 74.70 EUR 83.00 Hold Rating Torben BUMANN 19/01/2021 12:21 EUR 72.95 EUR 83.00 Buy Rating Torben BUMANN 17/11/2020 10:24 EUR 75.55 EUR 83.00 Hold Target Price Torben BUMANN 12/11/2020 17:29 EUR 69.05 EUR 73.00 Hold Rating Torben BUMANN 25/05/2020 17:05 EUR 63.20 EUR 73.00 Buy Target Price Torben BUMANN 12/05/2020 17:06 EUR 58.90 EUR 75.00 Buy - Torben BUMANN Suedzucker (DE0007297004) 01/04/2020 13:56 EUR 12.84 EUR 16.00 Buy - Torben BUMANN Suez (FR0010613471) 02/02/2021 15:02 EUR 17.20 Conflict of Interest Target Price & Rating Gregoire Cayeux 15/01/2021 18:34 EUR 16.88 EUR 18.65 Hold Target Price Mehdi Slimani 07/10/2020 13:33 EUR 16.10 EUR 17.00 Hold Target Price Mehdi Slimani 25/09/2020 15:56 EUR 14.23 EUR 15.50 Hold Target Price Mehdi Slimani 18/09/2020 17:22 EUR 15.04 EUR 16.00 Hold Target Price Mehdi Slimani 31/08/2020 17:51 EUR 12.24 EUR 14.50 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 326 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Suez (FR0010613471) 01/07/2020 21:25 EUR 10.44 EUR 11.00 Hold Target Price & Rating Mehdi Slimani 04/05/2020 07:36 EUR 10.32 EUR 10.00 Reduce Target Price & Rating Mehdi Slimani 27/03/2020 18:42 EUR 10.01 EUR 10.50 Hold - Mehdi Slimani Sumco (JP3322930003) 27/01/2021 09:03 JPY 2402.00 JPY 3200.00 Buy Target Price Maggie Yeo 21/07/2020 09:12 JPY 1626.00 JPY 2300.00 Buy Target Price Maggie Yeo 24/04/2020 11:20 JPY 1470.00 JPY 2000.00 Buy - Maggie Yeo Sumitomo Heavy Industries (JP3405400007) 29/05/2020 07:00 JPY 2556.00 JPY 3500.00 Buy - Maggie Yeo Sumitomo Mitsui Financial Group (JP3890350006) 16/09/2021 08:25 JPY 4060.00 JPY 4700.00 Buy Target Price Maggie Yeo 22/12/2020 04:29 JPY 3181.00 JPY 3800.00 Buy Target Price & Rating Tony Lau 14/10/2020 03:58 JPY 2968.50 Conflict of Interest Target Price & Rating Tony Lau 14/04/2020 10:20 JPY 2781.50 JPY 3650.00 Buy - Tony Lau Sumitomo Mitsui Trust Holdings (JP3892100003) 16/07/2020 09:44 JPY 3016.00 JPY 3500.00 Buy - Tony Lau Sumitomo Realty & Development (JP3409000001) 17/06/2021 12:23 JPY 4143.00 JPY 5200.00 Buy Target Price Tony Lau 17/12/2020 10:41 JPY 3499.00 JPY 4100.00 Buy Target Price Tony Lau 12/06/2020 11:45 JPY 3096.00 JPY 3900.00 Buy Target Price Tony Lau 15/05/2020 11:02 JPY 2823.00 JPY 3200.00 Buy - Tony Lau

Date of publication: 23 September 2021 Page 327 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Sun Art Retail Group (HK0000083920) 21/05/2021 12:32 HKD 6.00 No Opinion Target Price & Rating Tony Lau 21/09/2020 12:16 HKD 8.94 HKD 11.00 Buy Target Price Tony Lau 13/05/2020 08:49 HKD 12.00 HKD 17.80 Buy Target Price Tony Lau 02/04/2020 09:05 HKD 11.00 HKD 13.40 Buy - Tony Lau Sun Hung Kai Properties (HK0016000132) 20/09/2021 10:05 HKD 105.20 HKD 105.00 Hold Target Price & Rating Tony Lau 01/06/2021 11:04 HKD 119.20 HKD 145.00 Buy Target Price Tony Lau 16/02/2021 08:44 HKD 108.80 HKD 130.00 Buy Target Price Tony Lau 23/10/2020 05:03 HKD 97.75 HKD 115.00 Buy Target Price & Rating Tony Lau 18/09/2020 04:29 HKD 101.40 HKD 105.00 Hold Target Price Tony Lau 25/05/2020 12:39 HKD 90.75 HKD 93.00 Hold Target Price & Rating Tony Lau 04/05/2020 09:48 HKD 106.40 HKD 130.00 Buy - Tony Lau Sunac China (KYG8569A1067) 21/09/2021 11:01 HKD 14.50 HKD 13.00 Hold Target Price Maggie Yeo 28/07/2021 07:58 HKD 20.45 HKD 22.00 Hold Target Price & Rating Maggie Yeo 14/01/2021 08:10 HKD 30.65 HKD 38.00 Buy Target Price Maggie Yeo 02/09/2020 06:07 HKD 32.60 HKD 42.50 Buy Target Price Maggie Yeo 22/07/2020 08:31 HKD 37.00 HKD 46.00 Buy - Maggie Yeo Suning.Com (A-Share) (CNE000001KF2) 03/03/2021 08:10 CNY 7.82 CNY 9.50 Buy - Tony Lau Sunny Optical (KYG8586D1097) 26/01/2021 08:47 HKD 221.40 HKD 250.00 Buy Target Price & Rating Tony Lau 08/01/2021 09:27 HKD 181.70 HKD 195.00 Hold Target Price & Rating Tony Lau

Date of publication: 23 September 2021 Page 328 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Sunny Optical (KYG8586D1097) 19/08/2020 10:10 HKD 134.20 HKD 152.00 Buy Target Price Tony Lau 05/06/2020 10:35 HKD 109.90 HKD 123.80 Buy Target Price Tony Lau 03/04/2020 10:39 HKD 107.60 HKD 138.50 Buy Target Price Tony Lau 24/03/2020 02:47 HKD 103.00 HKD 172.60 Buy - Tony Lau Sunrise Communications (CH0267291224) 28/08/2020 09:39 CHF 109.00 CHF 85.00 Sell Rating Torben BUMANN 12/08/2020 14:53 CHF 86.20 CHF 85.00 Reduce Rating Torben BUMANN 25/03/2020 10:41 CHF 77.25 CHF 85.00 Hold - Torben BUMANN Suntec Reit (SG1Q52922370) 10/06/2021 11:46 SGD 1.49 SGD 1.50 Hold Target Price & Rating Maggie Yeo 19/05/2021 11:27 SGD 1.45 SGD 1.20 Reduce Target Price & Rating Maggie Yeo 27/04/2021 03:32 SGD 1.55 SGD 1.70 Hold Target Price & Rating Maggie Yeo 06/08/2020 09:06 SGD 1.38 SGD 1.75 Buy Target Price Maggie Yeo 08/06/2020 10:17 SGD 1.60 SGD 1.85 Buy Target Price Maggie Yeo 08/05/2020 04:20 SGD 1.37 SGD 1.95 Buy Target Price Maggie Yeo 06/04/2020 08:19 SGD 1.14 SGD 2.05 Buy Target Price Maggie Yeo 24/03/2020 07:50 SGD 1.11 SGD 2.10 Buy - Maggie Yeo Sunway (A-Share) (CNE100000W94) 24/03/2020 03:39 CNY 37.95 CNY 50.00 Buy - Tony Lau Svb Financial Group (US78486Q1013) 29/07/2021 07:57 USD 564.96 USD 670.00 Buy Target Price Godfrey OYENIRAN 09/07/2021 12:08 USD 544.87 USD 620.00 Buy Rating Godfrey OYENIRAN 25/05/2021 10:27 USD 575.26 USD 620.00 Hold Rating Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 329 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Svb Financial Group (US78486Q1013) 27/04/2021 12:49 USD 572.93 USD 620.00 Buy Target Price Godfrey OYENIRAN 13/04/2021 11:08 USD 500.65 USD 530.00 Buy Rating Godfrey OYENIRAN 05/03/2021 10:32 USD 502.49 USD 530.00 Hold Rating Godfrey OYENIRAN 26/01/2021 08:55 USD 480.75 USD 530.00 Buy Target Price Godfrey OYENIRAN 12/01/2021 11:39 USD 434.06 USD 460.00 Buy Target Price & Rating Godfrey OYENIRAN 16/11/2020 03:16 USD 345.91 USD 360.00 Hold Target Price & Rating Godfrey OYENIRAN 29/10/2020 03:00 USD 289.56 USD 340.00 Buy Target Price & Rating Godfrey OYENIRAN 16/10/2020 09:46 USD 273.39 USD 275.00 Hold Rating Godfrey OYENIRAN 01/10/2020 12:51 USD 230.47 USD 275.00 Buy - Godfrey OYENIRAN Swatch Group B (CH0012255151) 30/06/2021 13:41 CHF 317.80 CHF 340.00 Hold Target Price Gregoire Cayeux 18/01/2021 08:52 CHF 249.00 CHF 250.00 Hold Target Price Gregoire Cayeux 22/07/2020 20:57 CHF 196.55 CHF 210.00 Hold Target Price Bruno Villeroil 18/04/2020 18:27 CHF 198.55 CHF 200.00 Hold - Gregoire Cayeux Swire Pacific (HK0019000162) 09/06/2020 10:17 HKD 46.85 Conflict of Interest - Tony Lau Swire Properties (HK0000063609) 20/09/2021 10:22 HKD 19.86 HKD 22.00 Buy Target Price & Rating Tony Lau 01/06/2021 11:45 HKD 22.85 HKD 24.00 Hold Target Price & Rating Tony Lau 18/09/2020 09:35 HKD 19.78 HKD 18.00 Reduce Target Price Tony Lau 25/05/2020 12:55 HKD 18.18 HKD 17.00 Reduce - Tony Lau Swiss Life (CH0014852781) 19/08/2021 17:26 CHF 487.70 CHF 545.00 Buy Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 330 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Swiss Life (CH0014852781) 17/08/2021 11:19 CHF 494.70 CHF 525.00 Hold Rating Torben BUMANN 20/07/2021 11:58 CHF 435.20 CHF 525.00 Buy Target Price Riadh Hendaoui 04/03/2021 06:59 CHF 462.30 CHF 520.00 Buy Target Price & Rating Riadh Hendaoui 02/03/2021 17:22 CHF 459.40 CHF 505.00 Hold Rating Torben BUMANN 22/01/2021 16:34 CHF 427.70 CHF 505.00 Buy Target Price Riadh Hendaoui 05/11/2020 11:49 CHF 335.70 CHF 480.00 Buy Target Price Torben BUMANN 01/10/2020 16:53 CHF 348.50 CHF 475.00 Buy Target Price Torben BUMANN 14/08/2020 11:00 CHF 353.90 CHF 470.00 Buy Target Price Torben BUMANN 14/04/2020 13:56 CHF 342.50 CHF 390.00 Buy Target Price Gregoire Cayeux 25/03/2020 10:30 CHF 302.50 CHF 510.00 Buy - Torben BUMANN Swiss Re (CH0126881561) 10/09/2021 20:08 CHF 82.58 CHF 75.00 Reduce Target Price & Rating Riadh Hendaoui 27/04/2021 19:30 CHF 83.96 CHF 71.00 Sell Target Price Riadh Hendaoui 19/01/2021 14:40 CHF 84.50 CHF 67.50 Sell Target Price & Rating Riadh Hendaoui 08/10/2020 23:14 CHF 69.42 CHF 68.50 Reduce Target Price & Rating Riadh Hendaoui 02/05/2020 02:27 CHF 69.66 CHF 74.00 Hold Target Price & Rating Riadh Hendaoui 20/04/2020 18:49 CHF 77.22 CHF 75.00 Reduce - Gregoire Cayeux Swisscom (CH0008742519) 09/09/2021 16:41 CHF 537.40 No Opinion Target Price & Rating Gregoire Cayeux 13/07/2021 08:39 CHF 542.00 CHF 530.00 Reduce Target Price Torben BUMANN 14/12/2020 10:46 CHF 475.30 CHF 465.00 Reduce Rating Torben BUMANN 29/10/2020 13:33 CHF 462.90 CHF 465.00 Hold Rating Torben BUMANN 25/03/2020 10:44 CHF 517.60 CHF 465.00 Reduce - Torben BUMANN

Date of publication: 23 September 2021 Page 331 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Symrise Ag (DE000SYM9999) 11/08/2021 12:31 EUR 124.80 EUR 145.00 Buy Target Price Gregoire Cayeux 12/01/2021 15:50 EUR 106.80 EUR 142.00 Buy Target Price Bruno Villeroil 30/10/2020 14:48 EUR 106.95 EUR 136.00 Buy Target Price Torben BUMANN 07/08/2020 14:02 EUR 111.20 EUR 133.00 Buy Target Price Gregoire Cayeux 22/05/2020 10:59 EUR 97.24 EUR 125.00 Buy Target Price Bruno Villeroil 28/04/2020 20:25 EUR 94.34 EUR 110.00 Buy - Bruno Villeroil Synchrony Financial (US87165B1035) 21/07/2021 11:07 USD 46.00 USD 35.00 Sell Target Price Godfrey OYENIRAN 29/04/2021 08:07 USD 40.73 USD 30.00 Sell Target Price Godfrey OYENIRAN 02/02/2021 10:46 USD 35.89 USD 23.00 Sell Target Price Godfrey OYENIRAN 21/10/2020 10:17 USD 27.61 USD 21.00 Sell Target Price Godfrey OYENIRAN 01/10/2020 12:23 USD 25.10 USD 11.00 Sell Target Price & Rating Godfrey OYENIRAN 14/06/2020 07:59 USD 23.77 USD 30.00 Buy Target Price Riadh Hendaoui 28/03/2020 14:10 USD 17.10 USD 33.00 Buy - Riadh Hendaoui Synopsys, Inc. (US8716071076) 25/08/2021 10:49 USD 315.99 USD 395.00 Buy Target Price Alexis TAY 08/06/2021 12:13 USD 250.59 USD 310.00 Buy Target Price Alexis TAY 04/03/2021 08:26 USD 268.07 USD 300.00 Buy Target Price Alexis TAY 11/12/2020 03:23 USD 239.17 USD 267.00 Buy Target Price Alexis TAY 01/10/2020 12:43 USD 204.80 USD 236.00 Buy - Alexis TAY Sysco Corporation (US8718291078) 23/04/2021 09:14 USD 82.38 USD 93.00 Buy Target Price Gregoire Cayeux 03/02/2021 13:47 USD 73.03 USD 81.00 Buy Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 332 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Sysco Corporation (US8718291078) 04/11/2020 08:13 USD 60.25 USD 66.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 08:57 USD 61.85 USD 65.00 Buy Target Price & Rating Timothy FUNG 02/09/2020 11:41 USD 60.10 USD 56.00 Hold Target Price & Rating Gregoire Cayeux 13/08/2020 11:37 USD 59.70 USD 53.00 Reduce Rating Gregoire Cayeux 03/08/2020 13:11 USD 53.59 USD 53.00 Hold Target Price & Rating Bruno Villeroil 16/05/2020 12:41 USD 47.62 USD 52.00 Buy Target Price & Rating Gregoire Cayeux 08/05/2020 12:09 USD 52.28 USD 56.00 Hold Rating Gregoire Cayeux 04/04/2020 10:06 USD 39.50 USD 56.00 Buy - Gregoire Cayeux T-Mobile Us, Inc. (US8725901040) 11/02/2021 08:38 USD 125.28 USD 160.00 Buy Target Price Alexis TAY 22/01/2021 09:52 USD 127.28 USD 150.00 Buy Target Price Alexis TAY 23/10/2020 07:58 USD 114.96 USD 125.00 Buy Target Price & Rating Alexis TAY 23/06/2020 18:26 USD 107.16 Conflict of Interest Target Price & Rating Gregoire Cayeux 08/05/2020 10:46 USD 95.29 USD 89.00 Hold Rating Gregoire Cayeux 04/04/2020 15:09 USD 81.98 USD 89.00 Buy - Gregoire Cayeux Tag Immobilien (DE0008303504) 11/08/2021 11:04 EUR 28.40 EUR 28.00 Reduce Rating Torben BUMANN 19/04/2021 10:08 EUR 26.20 EUR 28.00 Hold Rating Torben BUMANN 17/03/2021 17:26 EUR 24.32 EUR 28.00 Buy Rating Torben BUMANN 19/01/2021 11:26 EUR 25.14 EUR 28.00 Hold Rating Torben BUMANN 13/01/2021 11:45 EUR 24.44 EUR 28.00 Buy Target Price & Rating Torben BUMANN 12/11/2020 17:10 EUR 26.50 EUR 24.00 Reduce Rating Torben BUMANN 15/06/2020 16:59 EUR 21.76 EUR 24.00 Hold Rating Torben BUMANN 14/05/2020 11:59 EUR 20.42 EUR 24.00 Buy - Torben BUMANN

Date of publication: 23 September 2021 Page 333 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Taiheiyo Cement (JP3449020001) 14/07/2020 05:46 JPY 2401.00 Conflict of Interest Target Price & Rating Maggie Yeo 05/06/2020 05:20 JPY 2632.00 JPY 3500.00 Buy Target Price Maggie Yeo 21/05/2020 05:25 JPY 2264.00 JPY 3600.00 Buy - Maggie Yeo Taiwan Mobile (TW0003045001) 24/12/2020 07:54 TWD 98.60 TWD 100.00 Hold - Tony Lau Taiwan Semiconductor Manufacturing Co Ltd (US8740391003) 19/07/2021 06:03 USD 115.74 USD 123.00 Buy Target Price Tony Lau 11/03/2021 11:23 USD 113.83 USD 145.00 Buy - Tony Lau Taiyo Yuden (JP3452000007) 14/07/2021 09:49 JPY 5500.00 JPY 7000.00 Buy Target Price Maggie Yeo 19/05/2021 11:30 JPY 4770.00 JPY 6900.00 Buy Target Price Maggie Yeo 26/01/2021 07:41 JPY 6040.00 JPY 7100.00 Buy Target Price & Rating Maggie Yeo 11/11/2020 03:50 JPY 3945.00 JPY 4500.00 Hold Target Price & Rating Maggie Yeo 26/06/2020 04:44 JPY 3350.00 JPY 4000.00 Buy Target Price & Rating Maggie Yeo 13/05/2020 10:54 JPY 3210.00 JPY 3100.00 Hold Target Price Maggie Yeo 29/04/2020 09:06 JPY 2940.00 JPY 2800.00 Hold - Maggie Yeo Take-Two Interactive Software, Inc. (US8740541094) 04/08/2021 10:02 USD 159.86 USD 214.00 Buy Target Price Alexis TAY 08/06/2021 12:15 USD 184.45 USD 219.00 Buy Target Price Alexis TAY 22/02/2021 03:15 USD 195.79 USD 230.00 Buy Target Price Alexis TAY 12/11/2020 08:29 USD 161.57 USD 204.00 Buy Target Price Alexis TAY 01/10/2020 12:27 USD 166.22 USD 197.00 Buy - Alexis TAY

Date of publication: 23 September 2021 Page 334 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Takeda Pharm. (JP3463000004) 16/07/2020 05:40 JPY 3733.00 Conflict of Interest Target Price & Rating Maggie Yeo 19/05/2020 08:10 JPY 4023.00 JPY 5100.00 Buy - Maggie Yeo Tal Education Group (US8740801043) 28/07/2021 05:09 USD 4.40 USD 5.20 Sell Target Price & Rating Tony Lau 08/06/2021 10:32 USD 28.07 USD 33.00 Buy Target Price Tony Lau 18/05/2021 08:44 USD 47.61 USD 66.00 Buy Target Price Tony Lau 11/03/2021 10:52 USD 66.93 USD 85.00 Buy Target Price Tony Lau 23/10/2020 08:44 USD 66.34 USD 82.00 Buy Target Price Tony Lau 02/09/2020 11:11 USD 78.20 USD 90.00 Buy Target Price Tony Lau 03/08/2020 11:36 USD 78.17 USD 87.00 Buy Target Price Tony Lau 10/07/2020 11:21 USD 76.39 USD 76.00 Buy Target Price Tony Lau 11/05/2020 09:26 USD 54.80 USD 60.22 Buy Target Price Tony Lau 01/04/2020 09:54 USD 53.26 USD 62.70 Buy - Tony Lau Talgo (ES0105065009) 05/08/2021 14:50 EUR 4.50 EUR 5.00 Hold Target Price Gregoire Cayeux 13/02/2021 20:00 EUR 4.23 EUR 4.70 Hold Target Price Bruno Villeroil 10/09/2020 16:33 EUR 4.00 EUR 4.60 Hold Target Price Bruno Villeroil 08/05/2020 15:48 EUR 4.36 EUR 5.00 Hold Rating Gregoire Cayeux 08/04/2020 10:45 EUR 4.05 EUR 5.00 Buy Target Price Bruno Villeroil 25/03/2020 16:28 EUR 4.00 EUR 6.50 Buy - Bruno Villeroil Tapestry, Inc. (US8760301072) 20/08/2021 08:40 USD 40.17 USD 44.00 Hold Target Price Gregoire Cayeux 07/05/2021 11:10 USD 46.80 USD 47.00 Hold Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 335 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Tapestry, Inc. (US8760301072) 05/02/2021 13:05 USD 36.18 USD 36.00 Hold Target Price Riadh Hendaoui 31/10/2020 17:26 USD 22.23 USD 23.00 Hold Target Price Riadh Hendaoui 01/10/2020 11:04 USD 16.62 USD 16.00 Hold Target Price & Rating Timothy FUNG 12/05/2020 10:08 USD 13.92 USD 35.00 Buy Target Price Gregoire Cayeux 01/04/2020 10:58 USD 12.95 USD 37.00 Buy - Gregoire Cayeux Target Corporation (US87612E1064) 05/08/2021 10:24 USD 260.53 USD 300.00 Buy Target Price Gregoire Cayeux 21/05/2021 09:06 USD 221.79 USD 250.00 Buy Target Price Gregoire Cayeux 03/03/2021 16:10 USD 173.49 USD 225.00 Buy Target Price & Rating Gregoire Cayeux 14/01/2021 08:55 USD 196.82 USD 190.00 Hold Target Price Gregoire Cayeux 19/11/2020 15:15 USD 166.85 USD 170.00 Hold Target Price Riadh Hendaoui 01/10/2020 11:04 USD 154.08 USD 145.00 Hold Target Price & Rating Timothy FUNG 01/09/2020 11:47 USD 151.21 USD 107.00 Sell Target Price Gregoire Cayeux 16/06/2020 12:46 USD 118.15 USD 98.00 Sell Target Price Gregoire Cayeux 05/05/2020 10:10 USD 111.71 USD 94.00 Sell Target Price & Rating Gregoire Cayeux 16/04/2020 11:59 USD 106.24 USD 97.00 Reduce - Gregoire Cayeux Tata Motors Ltd (US8765685024) 28/09/2020 12:34 USD 8.65 USD 7.00 Reduce Target Price & Rating Alexis TAY 27/03/2020 04:25 USD 4.84 USD 5.00 Hold - Alexis TAY Tdk (JP3538800008) 02/08/2021 05:23 JPY 13270.00 JPY 15600.00 Buy Target Price Maggie Yeo 02/02/2021 03:22 JPY 16880.00 JPY 19100.00 Buy Target Price Maggie Yeo 21/12/2020 09:18 JPY 14560.00 JPY 18900.00 Buy Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 336 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Tdk (JP3538800008) 16/09/2020 08:01 JPY 11790.00 JPY 13500.00 Buy Target Price Maggie Yeo 25/06/2020 10:00 JPY 10870.00 JPY 12400.00 Buy Target Price & Rating Maggie Yeo 18/05/2020 10:48 JPY 9440.00 JPY 10300.00 Hold Rating Maggie Yeo 27/03/2020 08:20 JPY 8170.00 JPY 10300.00 Buy - Maggie Yeo Teamviewer (DE000A2YN900) 09/07/2021 14:38 EUR 27.69 EUR 40.00 Buy Target Price Riadh Hendaoui 23/03/2021 07:44 EUR 37.68 EUR 47.00 Buy Target Price Riadh Hendaoui 11/02/2021 13:30 EUR 44.17 EUR 60.00 Buy - Gregoire Cayeux Tecan (CH0012100191) 31/08/2021 14:53 CHF 576.50 CHF 640.00 Hold Target Price Gregoire Cayeux 02/07/2021 10:13 CHF 467.60 CHF 510.00 Hold Target Price & Rating Torben BUMANN 28/06/2021 10:50 CHF 481.40 CHF 428.00 Reduce Rating Torben BUMANN 26/03/2021 10:17 CHF 399.00 CHF 428.00 Hold Target Price & Rating Torben BUMANN 16/03/2021 14:31 CHF 371.60 CHF 450.00 Buy Rating Torben BUMANN 10/12/2020 13:41 CHF 415.20 CHF 450.00 Hold Target Price Gregoire Cayeux 17/08/2020 12:04 CHF 399.60 CHF 404.00 Hold Target Price Torben BUMANN 07/08/2020 10:59 CHF 387.20 CHF 393.00 Hold Target Price & Rating Gregoire Cayeux 13/07/2020 17:34 CHF 368.20 CHF 309.00 Sell Rating Torben BUMANN 17/04/2020 14:38 CHF 301.80 CHF 309.00 Hold - Gregoire Cayeux Technip Energies (NL0014559478) 23/07/2021 17:38 EUR 11.18 EUR 12.00 Hold Target Price & Rating Riadh Hendaoui 23/04/2021 17:58 EUR 11.07 EUR 11.00 Reduce Target Price Mehdi Slimani 03/03/2021 13:06 EUR 11.42 EUR 10.70 Reduce - Gregoire Cayeux

Date of publication: 23 September 2021 Page 337 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Technipfmc (GB00BDSFG982) 02/03/2021 16:17 EUR 6.82 EUR 7.00 Hold Target Price & Rating Gregoire Cayeux 18/02/2021 18:23 EUR 6.34 No Opinion Target Price & Rating Gregoire Cayeux 13/10/2020 17:32 EUR 5.88 EUR 7.00 Buy Target Price Mehdi Slimani 04/08/2020 17:53 EUR 6.95 EUR 8.00 Buy Target Price & Rating Riadh Hendaoui 25/04/2020 10:35 EUR 7.21 EUR 8.50 Hold Rating Gregoire Cayeux 24/03/2020 20:34 EUR 6.02 EUR 8.50 Buy - Mehdi Slimani Techtronic Industries (HK0669013440) 02/09/2021 09:20 HKD 172.50 HKD 200.00 Buy Target Price & Rating Tony Lau 30/04/2021 08:49 HKD 143.00 HKD 150.00 Hold Target Price & Rating Tony Lau 27/04/2020 09:52 HKD 56.45 HKD 70.00 Buy Target Price Tony Lau 24/03/2020 10:16 HKD 42.45 HKD 60.00 Buy - Tony Lau Tecnicas Reunidas (ES0178165017) 02/08/2021 14:50 EUR 7.12 EUR 7.80 Hold Target Price & Rating Mehdi Slimani 23/10/2020 18:47 EUR 7.99 EUR 15.50 Buy Target Price Mehdi Slimani 30/07/2020 16:59 EUR 11.50 EUR 18.00 Buy Target Price Mehdi Slimani 01/04/2020 20:54 EUR 11.71 EUR 24.00 Buy - Mehdi Slimani Teijin (JP3544000007) 10/08/2021 03:51 JPY 1664.00 JPY 1600.00 Hold Rating Maggie Yeo 09/02/2021 10:52 JPY 1939.00 JPY 1600.00 Reduce Rating Maggie Yeo 11/05/2020 11:13 JPY 1681.00 JPY 1600.00 Hold - Maggie Yeo Teladoc Health, Inc. (US87918A1051) 29/07/2021 17:02 USD 151.81 USD 175.00 Buy Target Price Gregoire Cayeux 12/06/2021 09:37 USD 154.82 USD 200.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 338 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Tele2 B (SE0005190238) 15/07/2021 23:31 SEK 128.90 SEK 134.00 Hold Target Price Riadh Hendaoui 19/03/2021 17:08 SEK 114.25 SEK 127.00 Hold Target Price & Rating Mehdi Slimani 03/02/2021 21:15 SEK 112.85 SEK 132.00 Buy Target Price Mehdi Slimani 21/10/2020 10:11 SEK 112.25 SEK 140.00 Buy Target Price Mehdi Slimani 16/07/2020 13:35 SEK 128.30 SEK 145.00 Buy Target Price Mehdi Slimani 22/04/2020 21:39 SEK 124.60 SEK 147.00 Buy Target Price Mehdi Slimani 30/03/2020 18:23 SEK 126.00 SEK 157.00 Buy - Mehdi Slimani Telecom Italia (IT0003497168) 29/07/2021 19:31 EUR .37 EUR .41 Hold Rating Bruno Villeroil 19/03/2021 17:43 EUR .46 EUR .41 Reduce Target Price & Rating Mehdi Slimani 01/10/2020 19:19 EUR .34 EUR .25 Sell Target Price & Rating Mehdi Slimani 22/05/2020 15:37 EUR .32 EUR .28 Reduce Target Price Bruno Villeroil 30/03/2020 22:00 EUR .36 EUR .32 Reduce - Mehdi Slimani Teleflex Incorporated (US8793691069) 12/06/2021 10:34 USD 393.54 No Opinion Target Price & Rating Gregoire Cayeux 02/05/2021 10:34 USD 422.48 USD 414.00 Hold Target Price Gregoire Cayeux 02/03/2021 10:26 USD 403.68 USD 398.00 Hold Target Price & Rating Gregoire Cayeux 31/10/2020 08:57 USD 318.23 USD 366.00 Buy Target Price Gregoire Cayeux 01/10/2020 11:28 USD 340.42 USD 378.00 Buy - Godfrey OYENIRAN Telefonica Deutschland (DE000A1J5RX9) 03/09/2021 08:41 EUR 2.41 No Opinion Target Price & Rating Gregoire Cayeux 28/07/2021 21:08 EUR 2.44 EUR 2.10 Reduce Rating Riadh Hendaoui 17/05/2021 10:35 EUR 2.58 EUR 2.10 Sell Rating Torben BUMANN

Date of publication: 23 September 2021 Page 339 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Telefonica Deutschland (DE000A1J5RX9) 13/01/2021 14:35 EUR 2.37 EUR 2.10 Reduce Target Price & Rating Torben BUMANN 28/10/2020 18:31 EUR 2.19 EUR 2.55 Buy Rating Mehdi Slimani 29/07/2020 10:12 EUR 2.41 EUR 2.55 Hold Rating Mehdi Slimani 06/05/2020 13:10 EUR 2.65 EUR 2.55 Reduce Rating Torben BUMANN 18/04/2020 13:33 EUR 2.51 EUR 2.55 Hold - Gregoire Cayeux Telefónica (ES0178430E18) 20/07/2021 18:25 EUR 3.63 EUR 3.30 Reduce Target Price & Rating Riadh Hendaoui 14/05/2021 15:54 EUR 3.92 EUR 3.20 Sell Target Price Mehdi Slimani 14/01/2021 19:07 EUR 3.95 EUR 3.00 Sell Target Price & Rating Mehdi Slimani 31/10/2020 12:07 EUR 2.81 EUR 2.60 Reduce Target Price Gregoire Cayeux 01/10/2020 19:12 EUR 2.94 EUR 2.70 Reduce Target Price & Rating Mehdi Slimani 31/07/2020 15:08 EUR 3.71 EUR 3.00 Sell Target Price Mehdi Slimani 20/07/2020 19:06 EUR 4.13 EUR 3.50 Sell Target Price & Rating Mehdi Slimani 11/05/2020 14:54 EUR 4.22 EUR 3.60 Reduce Target Price Mehdi Slimani 04/05/2020 18:19 EUR 4.18 EUR 4.00 Reduce Target Price & Rating Mehdi Slimani 29/04/2020 14:14 EUR 4.06 EUR 3.40 Sell Target Price & Rating Mehdi Slimani 30/03/2020 21:25 EUR 4.13 EUR 3.70 Reduce - Mehdi Slimani (MYL4863OO006) 09/02/2021 10:44 MYR 6.50 MYR 8.02 Buy Target Price Maggie Yeo 27/11/2020 08:25 MYR 5.00 MYR 5.69 Buy Target Price Maggie Yeo 09/06/2020 09:24 MYR 4.28 MYR 5.28 Buy Target Price & Rating Maggie Yeo 05/05/2020 10:23 MYR 4.10 MYR 4.43 Hold - Maggie Yeo

Date of publication: 23 September 2021 Page 340 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Telenet (BE0003826436) 30/07/2020 21:22 EUR 34.84 EUR 42.00 Buy Target Price & Rating Mehdi Slimani 02/05/2020 16:10 EUR 38.08 EUR 44.00 Hold - Patrick Casselman Telenor (NO0010063308) 21/07/2021 16:48 NOK 153.55 NOK 147.00 Reduce Target Price Riadh Hendaoui 05/05/2021 14:35 NOK 146.25 NOK 144.00 Reduce Target Price Gregoire Cayeux 19/03/2021 16:39 NOK 150.25 NOK 147.00 Reduce Target Price & Rating Mehdi Slimani 03/02/2021 21:19 NOK 143.10 NOK 158.00 Hold Target Price Mehdi Slimani 01/10/2020 19:25 NOK 156.45 NOK 161.00 Hold Target Price Mehdi Slimani 17/07/2020 14:27 NOK 148.15 NOK 157.00 Hold Target Price Mehdi Slimani 29/04/2020 14:17 NOK 155.65 NOK 167.00 Hold Rating Mehdi Slimani 30/03/2020 22:44 NOK 146.60 NOK 167.00 Buy - Mehdi Slimani Teleperformance (FR0000051807) 06/08/2021 15:01 EUR 362.00 EUR 400.00 Buy Target Price & Rating Gregoire Cayeux 24/04/2021 15:25 EUR 329.90 EUR 360.00 Hold Target Price & Rating Gregoire Cayeux 02/03/2021 16:07 EUR 294.30 EUR 330.00 Buy Target Price & Rating Gregoire Cayeux 05/11/2020 13:28 EUR 286.60 EUR 305.00 Hold Target Price Gregoire Cayeux 03/08/2020 21:54 EUR 247.30 EUR 270.00 Hold Target Price & Rating Bruno Villeroil 30/04/2020 15:08 EUR 207.50 EUR 235.00 Buy - Gregoire Cayeux Telia Company Ab (SE0000667925) 22/07/2021 22:00 SEK 38.15 SEK 32.00 Sell Rating Riadh Hendaoui 01/02/2021 21:06 SEK 37.67 SEK 32.00 Reduce Target Price & Rating Mehdi Slimani 22/07/2020 17:32 SEK 36.00 SEK 30.00 Sell Target Price & Rating Mehdi Slimani 05/06/2020 10:28 SEK 33.40 SEK 29.00 Reduce Target Price Mehdi Slimani

Date of publication: 23 September 2021 Page 341 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Telia Company Ab (SE0000667925) 23/04/2020 15:28 SEK 34.05 SEK 31.00 Reduce Target Price Mehdi Slimani 30/03/2020 22:40 SEK 34.56 SEK 32.00 Reduce - Mehdi Slimani Telkom (ID1000129000) 27/05/2020 05:44 IDR 3250.00 IDR 4100.00 Buy - Maggie Yeo Telstra Corporation Ltd (AU000000TLS2) 21/06/2021 11:39 AUD 3.57 AUD 3.50 Hold Target Price Maggie Yeo 09/10/2020 08:18 AUD 2.79 AUD 3.00 Hold Target Price & Rating Maggie Yeo 14/07/2020 05:42 AUD 3.47 Conflict of Interest - Maggie Yeo Temenos (CH0012453913) 22/07/2021 16:30 CHF 144.30 CHF 155.00 Hold Target Price Riadh Hendaoui 27/05/2021 14:54 CHF 138.40 CHF 150.00 Hold Rating Torben BUMANN 17/05/2021 10:39 CHF 132.90 CHF 150.00 Buy Rating Torben BUMANN 26/03/2021 10:36 CHF 138.70 CHF 150.00 Hold Rating Torben BUMANN 17/03/2021 17:43 CHF 132.25 CHF 150.00 Buy Target Price & Rating Torben BUMANN 19/02/2021 11:06 CHF 128.60 CHF 141.00 Hold Rating Torben BUMANN 13/11/2020 13:25 CHF 110.85 CHF 141.00 Buy Target Price Torben BUMANN 01/10/2020 11:50 CHF 124.05 CHF 150.00 Buy Target Price & Rating Torben BUMANN 17/07/2020 13:43 CHF 150.10 CHF 155.00 Reduce Rating Torben BUMANN 27/05/2020 16:55 CHF 147.95 CHF 155.00 Hold Rating Torben BUMANN 23/03/2020 11:33 CHF 103.20 CHF 155.00 Buy - Torben BUMANN (MYL5347OO009) 01/03/2021 08:52 MYR 10.10 MYR 12.20 Buy Target Price Maggie Yeo 09/04/2020 04:08 MYR 11.94 MYR 15.20 Buy - Maggie Yeo

Date of publication: 23 September 2021 Page 342 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Tenaris (LU0156801721) 10/08/2021 13:09 EUR 8.75 EUR 10.00 Buy Target Price & Rating Mehdi Slimani 03/03/2021 13:29 EUR 8.99 EUR 8.50 Reduce Target Price Gregoire Cayeux 09/11/2020 14:46 EUR 5.03 EUR 4.70 Reduce Target Price & Rating Mehdi Slimani 13/10/2020 17:26 EUR 4.35 EUR 4.40 Hold Target Price & Rating Mehdi Slimani 11/08/2020 09:10 EUR 5.18 EUR 5.00 Reduce Target Price & Rating Gregoire Cayeux 24/03/2020 20:24 EUR 5.14 EUR 6.00 Buy - Mehdi Slimani (KYG875721634) 19/08/2021 08:43 HKD 436.20 HKD 550.00 Buy Target Price Alexis TAY 28/07/2021 05:00 HKD 490.00 HKD 585.00 Buy Target Price Tony Lau 15/03/2021 09:25 HKD 650.50 HKD 740.00 Buy Target Price Tony Lau 20/01/2021 11:21 HKD 655.00 HKD 775.00 Buy Target Price Tony Lau 28/10/2020 01:56 HKD 561.50 HKD 670.00 Buy Target Price Tony Lau 23/07/2020 02:50 HKD 564.00 HKD 630.00 Buy Target Price Tony Lau 14/05/2020 03:56 HKD 431.00 HKD 520.00 Buy Target Price & Rating Tony Lau 21/04/2020 04:35 HKD 409.60 HKD 420.00 Hold - Tony Lau Tencent Music Entertainment Group (US88034P1093) 18/08/2021 11:17 USD 7.82 USD 8.50 Hold Target Price & Rating Alexis TAY 27/07/2021 12:48 USD 10.46 USD 14.00 Buy Target Price Alexis TAY 20/05/2021 05:26 USD 14.85 USD 20.00 Buy Target Price Alexis TAY 11/01/2021 10:59 USD 21.05 USD 23.50 Buy Target Price Alexis TAY 19/11/2020 07:04 USD 16.12 USD 19.00 Buy Target Price Alexis TAY 18/05/2020 08:14 USD 11.96 USD 15.00 Buy - Alexis TAY

Date of publication: 23 September 2021 Page 343 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Terna (IT0003242622) 18/11/2020 12:41 EUR 6.28 EUR 5.90 Reduce Target Price Gregoire Cayeux 22/07/2020 19:30 EUR 6.38 EUR 5.70 Reduce Target Price Mehdi Slimani 23/03/2020 11:17 EUR 5.37 EUR 5.20 Reduce - Mehdi Slimani Tesco (GB00BLGZ9862) 22/09/2021 14:03 GBP 257.20 GBP 310.00 Buy Target Price Gregoire Cayeux 17/04/2021 13:23 GBP 231.85 GBP 300.00 Buy Target Price Gregoire Cayeux 06/04/2021 13:15 GBP 227.95 GBP 305.00 Buy - Gregoire Cayeux Tesla, Inc. (US88160R1014) 27/07/2021 11:13 USD 657.62 USD 675.00 Hold Target Price Bruno Villeroil 05/07/2021 15:26 USD 678.90 USD 650.00 Hold Target Price Bruno Villeroil 14/05/2021 08:27 USD 571.69 USD 600.00 Hold Target Price Gregoire Cayeux 27/04/2021 11:29 USD 738.20 USD 770.00 Hold Target Price Bruno Villeroil 06/04/2021 11:37 USD 691.05 USD 750.00 Hold Target Price Bruno Villeroil 04/03/2021 11:47 USD 653.20 USD 825.00 Hold Target Price & Rating Bruno Villeroil 08/12/2020 18:32 USD 649.88 Conflict of Interest Target Price & Rating Gregoire Cayeux 26/11/2020 12:02 USD 574.00 USD 650.00 Buy Target Price Bruno Villeroil 22/10/2020 12:59 USD 422.64 USD 550.00 Buy Target Price Bruno Villeroil 02/10/2020 05:01 USD 380.36 USD 500.00 Buy Target Price & Rating Alexis TAY 01/09/2020 18:11 USD 475.05 Conflict of Interest Target Price & Rating Gregoire Cayeux 01/09/2020 10:54 USD 498.32 USD 173.00 Sell Target Price Gregoire Cayeux 27/08/2020 12:44 USD 2153.17 USD 865.00 Sell Target Price Gregoire Cayeux 24/07/2020 12:25 USD 1513.07 USD 751.00 Sell Target Price & Rating Bruno Villeroil 04/05/2020 17:29 USD 781.88 USD 731.00 Hold - Bruno Villeroil

Date of publication: 23 September 2021 Page 344 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Tessenderlo (BE0003555639) 26/03/2021 13:37 EUR 37.55 EUR 38.00 Hold Rating Gregoire Cayeux 03/12/2020 13:31 EUR 31.55 EUR 38.00 Buy Target Price & Rating Gregoire Cayeux 02/09/2020 13:39 EUR 31.70 EUR 32.00 Hold Target Price & Rating Gregoire Cayeux 27/08/2020 11:08 EUR 28.40 EUR 27.00 Reduce Target Price & Rating Patrick Casselman 27/03/2020 10:37 EUR 24.95 EUR 32.00 Buy - Patrick Casselman Teva Pharmaceutical Industries Limited (US8816242098) 29/07/2021 16:53 USD 9.99 USD 10.00 Hold Target Price & Rating Gregoire Cayeux 29/04/2021 21:41 USD 10.12 USD 11.00 Buy Target Price & Rating Mehdi Slimani 11/02/2021 10:09 USD 11.92 USD 12.00 Hold Target Price Mehdi Slimani 07/11/2020 13:03 USD 9.12 USD 9.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 11:32 USD 8.72 USD 13.00 Buy Target Price Godfrey OYENIRAN 11/05/2020 09:00 USD 11.29 USD 20.00 Buy - Mehdi Slimani Texas Instruments Incorporated (US8825081040) 13/07/2021 05:55 USD 191.53 USD 190.00 Hold Rating Alexis TAY 30/04/2021 08:19 USD 181.82 USD 190.00 Buy Target Price Alexis TAY 28/01/2021 10:14 USD 162.93 USD 180.00 Buy Target Price & Rating Alexis TAY 22/01/2021 09:38 USD 167.94 USD 160.00 Hold Rating Alexis TAY 23/10/2020 08:09 USD 148.22 USD 160.00 Buy Target Price & Rating Alexis TAY 01/10/2020 12:20 USD 138.65 USD 140.00 Hold Target Price & Rating Alexis TAY 23/07/2020 11:17 USD 132.53 USD 120.00 Reduce Target Price & Rating Riadh Hendaoui 23/04/2020 10:42 USD 111.98 USD 115.00 Hold - Riadh Hendaoui Tf1 (FR0000054900) 02/08/2021 14:51 EUR 8.06 EUR 9.20 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 345 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Tf1 (FR0000054900) 30/06/2021 15:37 EUR 8.48 EUR 8.80 Hold Target Price & Rating Gregoire Cayeux 27/04/2021 18:10 EUR 8.20 EUR 7.70 Reduce Target Price & Rating Gregoire Cayeux 11/01/2021 18:02 EUR 7.09 EUR 7.30 Hold Target Price Mehdi Slimani 30/07/2020 19:15 EUR 5.02 EUR 5.20 Hold Target Price Mehdi Slimani 01/05/2020 13:59 EUR 4.47 EUR 4.80 Hold Target Price Gregoire Cayeux 21/04/2020 16:00 EUR 4.49 EUR 5.00 Hold Target Price & Rating Gregoire Cayeux 09/04/2020 18:33 EUR 4.85 EUR 6.20 Buy Target Price Gregoire Cayeux 27/03/2020 18:59 EUR 4.98 EUR 6.50 Buy - Mehdi Slimani Thai Beverage (TH0902010014) 13/04/2021 05:45 SGD .78 Conflict of Interest Target Price & Rating Maggie Yeo 17/02/2021 04:03 SGD .78 SGD .90 Buy Rating Maggie Yeo 08/02/2021 09:36 SGD .82 SGD .90 Hold Target Price Maggie Yeo 27/11/2020 08:29 SGD .74 SGD .83 Hold Target Price Maggie Yeo 18/05/2020 10:57 SGD .67 SGD .69 Hold - Maggie Yeo Thai Union Group (TH0450010Y08) 26/01/2021 08:28 THB 14.20 THB 14.50 Hold Target Price & Rating Maggie Yeo 06/10/2020 05:13 THB 14.20 THB 12.50 Reduce Target Price Maggie Yeo 10/06/2020 08:06 THB 12.80 THB 11.50 Reduce Target Price & Rating Maggie Yeo 06/05/2020 09:38 THB 12.80 THB 15.00 Buy Rating Maggie Yeo 07/04/2020 07:46 THB 13.70 THB 15.00 Hold Target Price Maggie Yeo 26/03/2020 07:33 THB 15.30 THB 17.00 Hold - Maggie Yeo Thales (FR0000121329) 26/07/2021 19:39 EUR 89.48 EUR 111.00 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 346 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Thales (FR0000121329) 29/06/2021 16:23 EUR 84.14 EUR 110.00 Buy Target Price Bruno Villeroil 13/05/2021 12:32 EUR 84.66 EUR 99.00 Buy Target Price Gregoire Cayeux 27/01/2021 19:46 EUR 73.36 EUR 97.00 Buy Target Price Bruno Villeroil 27/07/2020 17:55 EUR 66.80 EUR 75.00 Buy Target Price & Rating Bruno Villeroil 21/07/2020 17:58 EUR 70.50 EUR 72.00 Hold Target Price Bruno Villeroil 19/05/2020 15:11 EUR 67.00 EUR 71.00 Hold - Gregoire Cayeux Thanachart Capital (TH0083B10Z02) 16/08/2021 09:40 THB 33.00 THB 37.00 Hold Target Price Maggie Yeo 09/02/2021 10:48 THB 33.50 THB 35.00 Hold Rating Maggie Yeo 02/11/2020 10:30 THB 27.50 THB 35.00 Buy Target Price Maggie Yeo 14/07/2020 05:50 THB 33.75 THB 41.00 Buy Target Price & Rating Maggie Yeo 02/06/2020 09:00 THB 36.50 THB 33.00 Hold Target Price Maggie Yeo 18/05/2020 10:55 THB 34.75 THB 35.00 Hold - Maggie Yeo The Allstate Corporation (US0200021014) 12/06/2021 13:07 USD 131.73 No Opinion Target Price & Rating Gregoire Cayeux 20/05/2021 08:59 USD 135.69 USD 160.00 Buy Target Price Godfrey OYENIRAN 07/05/2021 11:47 USD 132.62 USD 150.00 Buy Target Price Godfrey OYENIRAN 12/04/2021 08:17 USD 117.05 USD 140.00 Buy Target Price Godfrey OYENIRAN 28/01/2021 09:20 USD 110.51 USD 130.00 Buy Target Price Godfrey OYENIRAN 26/01/2021 03:02 USD 110.43 USD 125.00 Buy Target Price & Rating Godfrey OYENIRAN 24/11/2020 08:12 USD 101.31 USD 106.00 Hold Rating Godfrey OYENIRAN 09/11/2020 01:46 USD 91.15 USD 106.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 13:17 USD 92.34 USD 118.00 Buy Target Price & Rating Godfrey OYENIRAN 25/03/2020 11:45 USD 77.92 USD 96.00 Hold - Riadh Hendaoui

Date of publication: 23 September 2021 Page 347 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

The Bank Of New York Mellon Corporation (US0640581007) 24/08/2021 03:39 USD 53.32 USD 52.00 Hold Rating Godfrey OYENIRAN 19/07/2021 08:35 USD 49.38 USD 52.00 Buy Target Price & Rating Godfrey OYENIRAN 04/05/2021 10:55 USD 50.23 USD 49.00 Hold Rating Godfrey OYENIRAN 21/04/2021 11:39 USD 46.81 USD 49.00 Buy Target Price Godfrey OYENIRAN 21/01/2021 10:23 USD 42.49 USD 47.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 12:26 USD 33.48 USD 40.00 Buy Rating Godfrey OYENIRAN 16/07/2020 14:52 USD 36.86 USD 40.00 Hold Rating Riadh Hendaoui 18/04/2020 11:26 USD 37.39 USD 40.00 Buy - Gregoire Cayeux The Bank Of Nova Scotia (CA0641491075) 09/07/2021 11:54 USD 62.15 USD 72.00 Buy Target Price & Rating Godfrey OYENIRAN 01/10/2020 14:37 CAD 55.44 CAD 49.00 Reduce Target Price & Rating Godfrey OYENIRAN 28/05/2020 15:37 CAD 57.97 CAD 70.00 Buy - Riadh Hendaoui The Boeing Company (US0970231058) 16/07/2021 00:34 USD 224.45 USD 285.00 Buy Target Price Riadh Hendaoui 16/03/2021 11:44 USD 265.63 USD 321.00 Buy Target Price Bruno Villeroil 05/12/2020 09:28 USD 232.71 USD 274.00 Buy Target Price Gregoire Cayeux 19/11/2020 10:56 USD 203.30 USD 248.00 Buy Target Price Bruno Villeroil 01/10/2020 13:15 USD 156.80 USD 227.00 Buy Target Price & Rating Maggie Yeo 30/07/2020 12:52 USD 166.01 USD 264.00 Hold Target Price Bruno Villeroil 29/04/2020 10:43 USD 131.30 USD 281.00 Hold Target Price Bruno Villeroil 24/03/2020 18:11 USD 105.62 USD 328.00 Hold - Bruno Villeroil The Boston Beer Company, Inc. (US1005571070) 23/07/2021 16:41 USD 947.54 USD 1050.00 Buy Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 348 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

The Boston Beer Company, Inc. (US1005571070) 24/05/2021 08:57 USD 1045.39 USD 1350.00 Buy Rating Gregoire Cayeux 24/04/2021 09:26 USD 1283.90 USD 1350.00 Hold Target Price Gregoire Cayeux 18/02/2021 08:56 USD 1213.62 USD 1150.00 Hold Target Price & Rating Gregoire Cayeux 28/10/2020 08:36 USD 1076.57 USD 950.00 Reduce Rating Gregoire Cayeux 23/10/2020 10:08 USD 918.08 USD 950.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 09:13 USD 883.36 USD 700.00 Sell - Timothy FUNG The Carlyle Group Inc. (US14316J1088) 24/08/2021 03:56 USD 46.94 USD 51.00 Buy Rating Godfrey OYENIRAN 04/08/2021 10:30 USD 49.53 USD 51.00 Hold Target Price Godfrey OYENIRAN 13/07/2021 12:19 USD 48.00 USD 46.00 Hold Rating Godfrey OYENIRAN 06/05/2021 08:22 USD 44.14 USD 46.00 Buy Target Price Godfrey OYENIRAN 16/02/2021 03:53 USD 37.41 USD 40.00 Buy Target Price Godfrey OYENIRAN 02/02/2021 10:43 USD 32.71 USD 35.00 Buy Target Price & Rating Godfrey OYENIRAN 16/11/2020 03:18 USD 27.80 USD 28.00 Hold Rating Godfrey OYENIRAN 06/11/2020 11:13 USD 24.92 USD 28.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 12:18 USD 24.07 USD 32.00 Buy - Godfrey OYENIRAN The Charles Schwab Corporation (US8085131055) 16/04/2021 10:02 USD 65.50 USD 75.00 Buy Target Price Godfrey OYENIRAN 14/01/2021 10:33 USD 59.51 USD 68.00 Buy Target Price & Rating Godfrey OYENIRAN 07/01/2021 07:28 USD 57.41 USD 46.00 Sell Rating Godfrey OYENIRAN 03/11/2020 07:54 USD 41.26 USD 46.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 11:39 USD 34.97 USD 43.00 Buy - Timothy FUNG

Date of publication: 23 September 2021 Page 349 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

The Chugoku Electric Power Company (JP3522200009) 30/04/2020 09:17 JPY 1482.00 JPY 1380.00 Hold - Maggie Yeo The Coca-Cola Company (US1912161007) 22/07/2021 11:02 USD 56.55 USD 58.00 Hold Target Price Riadh Hendaoui 20/04/2021 09:10 USD 54.00 USD 54.00 Hold Target Price Gregoire Cayeux 15/01/2021 09:45 USD 49.23 USD 52.00 Hold Target Price & Rating Gregoire Cayeux 23/10/2020 21:43 USD 50.68 USD 56.00 Buy Target Price Gregoire Cayeux 01/10/2020 07:55 USD 49.37 USD 52.00 Buy Target Price Timothy FUNG 24/03/2020 11:30 USD 37.56 USD 54.00 Buy - Gregoire Cayeux The Estée Lauder Companies Inc. (US5184391044) 20/08/2021 08:51 USD 327.40 USD 330.00 Hold Target Price Gregoire Cayeux 04/05/2021 09:03 USD 288.93 USD 300.00 Hold Target Price Gregoire Cayeux 06/02/2021 08:38 USD 272.81 USD 290.00 Hold Target Price & Rating Gregoire Cayeux 18/11/2020 08:18 USD 256.95 USD 220.00 Reduce Rating Gregoire Cayeux 03/11/2020 09:12 USD 223.85 USD 220.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 08:20 USD 218.25 USD 130.00 Sell Target Price & Rating Timothy FUNG 17/09/2020 09:13 USD 217.26 USD 189.00 Reduce Target Price Gregoire Cayeux 21/08/2020 08:45 USD 198.27 USD 181.00 Reduce Rating Gregoire Cayeux 23/05/2020 14:26 USD 178.20 USD 181.00 Hold Target Price Gregoire Cayeux 05/05/2020 09:20 USD 174.38 USD 179.00 Hold Rating Gregoire Cayeux 10/04/2020 14:29 USD 164.83 USD 179.00 Buy - Gregoire Cayeux The Goldman Sachs Group, Inc. (US38141G1040) 08/06/2021 10:23 USD 388.16 USD 445.00 Buy Target Price Godfrey OYENIRAN 23/03/2021 10:43 USD 339.33 USD 395.00 Buy Target Price Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 350 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

The Goldman Sachs Group, Inc. (US38141G1040) 05/03/2021 10:14 USD 330.94 USD 365.00 Buy Target Price Godfrey OYENIRAN 20/01/2021 10:57 USD 294.20 USD 335.00 Buy Target Price & Rating Godfrey OYENIRAN 07/01/2021 07:32 USD 285.55 USD 290.00 Hold Rating Godfrey OYENIRAN 05/01/2021 07:31 USD 265.00 USD 290.00 Buy Target Price Godfrey OYENIRAN 16/10/2020 09:15 USD 208.60 USD 260.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 13:19 USD 191.62 USD 245.00 Buy Target Price Godfrey OYENIRAN 20/08/2020 08:50 USD 203.02 USD 239.00 Buy Target Price & Rating Gregoire Cayeux 01/07/2020 12:23 USD 197.62 USD 218.00 Hold Rating Riadh Hendaoui 25/03/2020 09:44 USD 153.60 USD 218.00 Buy - Riadh Hendaoui The Goodyear Tire & Rubber Company (US3825501014) 03/05/2021 12:36 USD 17.21 USD 18.00 Hold Target Price Bruno Villeroil 10/02/2021 12:59 USD 13.49 USD 14.00 Hold Target Price Bruno Villeroil 01/10/2020 10:39 USD 7.67 USD 8.00 Hold - Timothy FUNG The Hershey Company (US4278661081) 30/07/2021 19:00 USD 178.52 USD 175.00 Hold Target Price Gregoire Cayeux 30/04/2021 18:28 USD 164.22 USD 168.00 Hold Target Price Gregoire Cayeux 05/02/2021 08:08 USD 147.22 USD 151.00 Hold Target Price Gregoire Cayeux 07/11/2020 09:14 USD 149.40 USD 149.00 Hold Target Price Gregoire Cayeux 01/10/2020 09:16 USD 143.34 USD 140.00 Hold - Timothy FUNG The Home Depot, Inc. (US4370761029) 19/05/2021 09:20 USD 316.75 USD 350.00 Buy Target Price & Rating Gregoire Cayeux 09/04/2021 07:50 USD 314.43 USD 300.00 Hold Rating Gregoire Cayeux 24/02/2021 09:04 USD 267.24 USD 300.00 Buy Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 351 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

The Home Depot, Inc. (US4370761029) 18/11/2020 17:11 USD 272.47 USD 310.00 Buy Target Price Riadh Hendaoui 01/10/2020 10:36 USD 273.31 USD 319.00 Buy Target Price & Rating Tony Lau 21/08/2020 08:55 USD 280.68 USD 200.00 Sell Target Price Gregoire Cayeux 27/05/2020 09:20 USD 242.48 USD 184.00 Sell Target Price Gregoire Cayeux 20/05/2020 14:34 USD 238.10 USD 179.00 Sell - Gregoire Cayeux The Kraft Heinz Company (US5007541064) 05/08/2021 10:01 USD 36.94 USD 42.00 Hold Target Price Gregoire Cayeux 30/04/2021 18:24 USD 41.68 USD 43.00 Hold Target Price Gregoire Cayeux 17/04/2021 16:10 USD 41.00 USD 42.00 Hold Target Price & Rating Gregoire Cayeux 12/02/2021 07:41 USD 35.54 USD 40.00 Buy Target Price Gregoire Cayeux 31/10/2020 08:18 USD 30.59 USD 35.00 Buy Target Price Gregoire Cayeux 01/10/2020 08:37 USD 29.95 USD 37.00 Buy Target Price Timothy FUNG 28/03/2020 17:51 USD 24.24 USD 48.00 Buy - Gregoire Cayeux The Kroger Co. (US5010441013) 13/09/2021 08:20 USD 42.67 USD 36.00 Sell Target Price & Rating Gregoire Cayeux 18/06/2021 12:01 USD 39.18 USD 34.00 Reduce Target Price & Rating Gregoire Cayeux 13/04/2021 12:00 USD 37.97 USD 31.00 Sell Rating Gregoire Cayeux 11/02/2021 08:44 USD 33.61 USD 31.00 Reduce Target Price Gregoire Cayeux 28/01/2021 08:13 USD 38.75 USD 34.00 Reduce Rating Gregoire Cayeux 15/01/2021 09:49 USD 33.14 USD 34.00 Hold Target Price & Rating Gregoire Cayeux 04/12/2020 07:59 USD 30.88 USD 40.00 Buy Target Price Gregoire Cayeux 01/10/2020 08:41 USD 33.74 USD 42.00 Buy Target Price & Rating Timothy FUNG 14/09/2020 07:59 USD 34.37 USD 31.50 Reduce Rating Gregoire Cayeux 29/06/2020 09:53 USD 32.68 USD 31.50 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 352 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

The Kroger Co. (US5010441013) 08/04/2020 10:14 USD 31.86 USD 30.00 Hold - Gregoire Cayeux The Procter & Gamble Company (US7427181091) 04/08/2021 11:49 USD 143.95 USD 155.00 Buy Target Price Gregoire Cayeux 21/04/2021 10:14 USD 137.75 USD 150.00 Buy Target Price Gregoire Cayeux 21/01/2021 08:41 USD 131.93 USD 157.00 Buy Target Price Gregoire Cayeux 21/10/2020 10:20 USD 142.48 USD 170.00 Buy Target Price Gregoire Cayeux 16/10/2020 09:06 USD 143.83 USD 155.00 Buy Target Price & Rating Gregoire Cayeux 01/10/2020 08:53 USD 138.99 USD 140.00 Hold Target Price & Rating Timothy FUNG 17/08/2020 09:58 USD 135.10 USD 111.00 Sell Target Price Gregoire Cayeux 03/08/2020 13:21 USD 131.12 USD 109.00 Sell Rating Bruno Villeroil 18/04/2020 10:46 USD 124.69 USD 109.00 Reduce - Gregoire Cayeux The Progressive Corporation (US7433151039) 19/07/2021 08:40 USD 96.18 USD 105.00 Buy Target Price Godfrey OYENIRAN 16/04/2021 10:04 USD 100.40 USD 112.00 Buy Target Price Godfrey OYENIRAN 28/01/2021 09:28 USD 87.04 USD 102.00 Buy Target Price Godfrey OYENIRAN 19/10/2020 03:14 USD 96.52 USD 115.00 Buy Target Price Godfrey OYENIRAN 01/10/2020 14:38 USD 91.19 USD 110.00 Buy - Godfrey OYENIRAN The Scotts Miracle-Gro Company (US8101861065) 05/08/2021 11:31 USD 164.56 USD 187.00 Hold Target Price Gregoire Cayeux 03/06/2021 11:36 USD 207.70 USD 234.00 Hold Target Price Bruno Villeroil 18/05/2021 09:25 USD 229.03 USD 272.00 Hold Rating Gregoire Cayeux 06/05/2021 10:49 USD 242.35 USD 272.00 Buy Target Price & Rating Gregoire Cayeux 13/04/2021 11:55 USD 250.21 USD 267.00 Hold Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 353 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

The Scotts Miracle-Gro Company (US8101861065) 04/02/2021 12:43 USD 240.17 USD 255.00 Hold Target Price & Rating Bruno Villeroil 12/01/2021 11:41 USD 223.66 USD 250.00 Buy Target Price & Rating Bruno Villeroil 09/11/2020 12:02 USD 176.47 USD 188.00 Hold Rating Bruno Villeroil 05/11/2020 12:46 USD 162.90 USD 188.00 Buy Target Price Bruno Villeroil 01/10/2020 13:51 USD 152.15 USD 180.00 Buy - Maggie Yeo The Tjx Companies, Inc. (US8725401090) 25/02/2021 08:25 USD 69.86 USD 85.00 Buy Target Price Gregoire Cayeux 19/11/2020 16:55 USD 62.28 USD 75.00 Buy Target Price Riadh Hendaoui 01/10/2020 10:15 USD 55.65 USD 65.00 Buy Target Price & Rating Timothy FUNG 21/09/2020 16:28 USD 56.02 USD 50.00 Reduce Target Price & Rating Gregoire Cayeux 21/08/2020 09:24 USD 51.65 USD 49.50 Hold Rating Gregoire Cayeux 17/06/2020 09:33 USD 55.55 USD 49.50 Reduce Target Price Gregoire Cayeux 23/05/2020 13:07 USD 53.41 USD 47.00 Reduce Rating Gregoire Cayeux 10/04/2020 10:46 USD 48.81 USD 47.00 Hold - Gregoire Cayeux The Toronto-Dominion Bank (CA8911605092) 09/09/2020 11:38 CAD 63.07 CAD 79.00 Buy Target Price Riadh Hendaoui 28/08/2020 09:51 CAD 66.40 CAD 80.00 Buy Rating Gregoire Cayeux 02/06/2020 22:51 CAD 60.05 CAD 80.00 Hold - Riadh Hendaoui The Travelers Companies, Inc. (US89417E1091) 24/08/2021 03:52 USD 160.84 USD 160.00 Hold Rating Godfrey OYENIRAN 13/07/2021 12:23 USD 154.09 USD 160.00 Buy Rating Godfrey OYENIRAN 21/04/2021 11:38 USD 155.73 USD 160.00 Hold Target Price Godfrey OYENIRAN 09/03/2021 03:07 USD 152.36 USD 155.00 Hold Rating Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 354 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

The Travelers Companies, Inc. (US89417E1091) 26/01/2021 03:16 USD 145.84 USD 155.00 Buy Target Price & Rating Godfrey OYENIRAN 24/11/2020 08:26 USD 134.63 USD 126.00 Hold Rating Godfrey OYENIRAN 01/10/2020 12:25 USD 107.49 USD 126.00 Buy Target Price & Rating Godfrey OYENIRAN 24/07/2020 17:33 USD 118.61 USD 144.00 Hold Rating Riadh Hendaoui 22/05/2020 11:43 USD 99.17 USD 144.00 Buy Target Price Bruno Villeroil 26/03/2020 17:26 USD 92.18 USD 147.00 Buy - Riadh Hendaoui The Walt Disney Company (US2546871060) 17/02/2021 04:13 USD 187.67 USD 220.00 Buy Target Price & Rating Alexis TAY 11/02/2021 08:38 USD 190.00 USD 190.00 Hold Rating Alexis TAY 17/12/2020 07:57 USD 173.12 USD 190.00 Buy Target Price Alexis TAY 16/11/2020 03:12 USD 138.36 USD 160.00 Buy Target Price Alexis TAY 01/10/2020 12:26 USD 124.08 USD 140.00 Buy Target Price & Rating Alexis TAY 06/08/2020 10:31 USD 127.61 USD 127.00 Hold Rating Gregoire Cayeux 30/06/2020 15:15 USD 111.52 USD 127.00 Buy Target Price Mehdi Slimani 08/04/2020 09:32 USD 101.24 USD 130.00 Buy - Mehdi Slimani The Western Union Company (US9598021098) 13/08/2021 08:29 USD 22.44 USD 25.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 12:23 USD 21.53 USD 27.00 Buy Target Price & Rating Alexis TAY 07/05/2020 10:03 USD 19.47 USD 23.00 Hold Rating Riadh Hendaoui 08/04/2020 10:00 USD 19.88 USD 23.00 Buy - Riadh Hendaoui Thermo Fisher Scientific Inc. (US8835561023) 20/09/2021 08:41 USD 596.80 USD 610.00 Hold Target Price & Rating Gregoire Cayeux 29/07/2021 18:12 USD 528.27 USD 577.00 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 355 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Thermo Fisher Scientific Inc. (US8835561023) 30/04/2021 21:14 USD 464.39 USD 550.00 Buy Target Price Mehdi Slimani 02/02/2021 09:56 USD 515.47 USD 568.00 Buy Target Price Mehdi Slimani 07/11/2020 19:41 USD 527.66 USD 560.00 Buy Target Price Gregoire Cayeux 22/10/2020 15:51 USD 468.76 USD 510.00 Buy Target Price Mehdi Slimani 01/10/2020 11:36 USD 422.29 USD 479.00 Buy Target Price & Rating Godfrey OYENIRAN 12/08/2020 11:26 USD 407.24 USD 325.00 Sell Target Price Gregoire Cayeux 23/04/2020 11:39 USD 335.59 USD 271.00 Sell Rating Mehdi Slimani 31/03/2020 09:20 USD 284.96 USD 271.00 Hold - Mehdi Slimani Thomson Reuters Corporation (CA8849037095) 12/08/2021 09:10 USD 114.14 USD 120.00 Buy Target Price & Rating Gregoire Cayeux 06/08/2020 09:55 CAD 94.87 CAD 86.00 Reduce Rating Gregoire Cayeux 12/06/2020 18:42 CAD 91.35 CAD 86.00 Hold Target Price & Rating Gregoire Cayeux 08/05/2020 12:23 CAD 95.73 CAD 84.00 Reduce - Gregoire Cayeux Thrombogenics Nv (BE0003846632) 14/01/2021 17:12 EUR 2.81 No Opinion - Gregoire Cayeux Thyssenkrupp (DE0007500001) 26/08/2021 12:40 EUR 9.07 EUR 13.10 Buy Target Price Gregoire Cayeux 20/07/2021 19:36 EUR 7.70 EUR 14.20 Buy Target Price Bruno Villeroil 13/05/2021 09:13 EUR 10.14 EUR 14.80 Buy Target Price Gregoire Cayeux 19/04/2021 17:12 EUR 11.45 EUR 13.90 Buy Target Price Bruno Villeroil 11/02/2021 16:30 EUR 10.58 EUR 12.30 Buy Target Price Bruno Villeroil 19/01/2021 20:18 EUR 9.88 EUR 11.70 Buy Target Price & Rating Bruno Villeroil 24/11/2020 15:35 EUR 5.41 EUR 5.60 Hold Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 356 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Thyssenkrupp (DE0007500001) 16/10/2020 16:19 EUR 4.16 EUR 5.20 Hold Target Price Bruno Villeroil 20/08/2020 13:50 EUR 6.35 EUR 7.50 Hold Target Price Gregoire Cayeux 15/07/2020 10:48 EUR 6.95 EUR 7.70 Hold Target Price Mehdi Slimani 13/05/2020 18:10 EUR 4.11 EUR 7.40 Hold Target Price Bruno Villeroil 18/04/2020 14:23 EUR 5.89 EUR 8.60 Hold Target Price Gregoire Cayeux 09/04/2020 11:41 EUR 5.47 EUR 11.00 Hold - Bruno Villeroil Tingyi (KYG8878S1030) 21/09/2020 11:00 HKD 14.20 HKD 17.00 Buy Target Price Tony Lau 03/09/2020 12:03 HKD 15.10 HKD 21.00 Buy - Tony Lau Tisco Financial Group (TH0999010Z03) 04/05/2021 08:32 THB 92.50 THB 102.00 Hold Target Price Maggie Yeo 26/02/2021 09:16 THB 95.00 THB 106.00 Hold Target Price & Rating Maggie Yeo 16/10/2020 08:18 THB 65.75 THB 74.00 Buy Rating Maggie Yeo 12/08/2020 08:21 THB 67.25 THB 74.00 Hold Target Price Maggie Yeo 20/07/2020 09:58 THB 70.50 THB 78.00 Hold Target Price Maggie Yeo 02/06/2020 09:04 THB 75.00 THB 75.00 Hold Target Price Maggie Yeo 22/04/2020 09:49 THB 81.50 THB 76.00 Hold - Maggie Yeo Tmb Bank (TH0068010Z07) 24/03/2020 07:44 THB .68 THB 1.00 Buy - Maggie Yeo Toa Paint (Thailand) (TH8193010007) 26/02/2021 08:44 THB 31.25 THB 32.00 Hold Target Price Maggie Yeo 02/10/2020 08:17 THB 38.50 THB 38.00 Hold Target Price Maggie Yeo 13/06/2020 15:56 THB 36.00 THB 37.00 Hold Target Price Maggie Yeo

Date of publication: 23 September 2021 Page 357 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Toa Paint (Thailand) (TH8193010007) 08/05/2020 03:52 THB 36.25 THB 36.00 Hold - Maggie Yeo Tod'S (IT0003007728) 21/07/2021 16:20 EUR 51.25 EUR 39.00 Sell Target Price Riadh Hendaoui 15/01/2021 18:18 EUR 26.20 EUR 22.00 Sell Target Price Gregoire Cayeux 25/09/2020 14:41 EUR 24.68 EUR 20.00 Sell Target Price Gregoire Cayeux 18/04/2020 19:04 EUR 28.34 EUR 24.00 Sell - Gregoire Cayeux Tohoku Electric Power Company (JP3605400005) 04/05/2020 09:52 JPY 1008.00 JPY 1170.00 Buy - Maggie Yeo Tokyo Electron (JP3571400005) 17/08/2021 10:12 JPY 44500.00 JPY 62000.00 Buy Target Price Maggie Yeo 03/05/2021 10:17 JPY 49360.00 JPY 61500.00 Buy Target Price Maggie Yeo 23/04/2021 09:14 JPY 47430.00 JPY 58000.00 Buy Target Price Maggie Yeo 18/02/2021 03:28 JPY 43140.00 JPY 51500.00 Buy Target Price Maggie Yeo 02/02/2021 03:45 JPY 41870.00 JPY 49250.00 Buy Target Price Maggie Yeo 27/11/2020 02:07 JPY 35000.00 JPY 39500.00 Buy Target Price Maggie Yeo 30/10/2020 09:31 JPY 28995.00 JPY 34250.00 Buy Target Price Maggie Yeo 17/07/2020 09:17 JPY 28440.00 JPY 34000.00 Buy Target Price Maggie Yeo 05/06/2020 05:34 JPY 23185.00 JPY 31750.00 Buy Target Price Maggie Yeo 16/04/2020 08:27 JPY 22355.00 JPY 31500.00 Buy - Maggie Yeo Tokyo Gas (JP3573000001) 29/04/2020 09:13 JPY 2411.00 JPY 2750.00 Buy Rating Maggie Yeo 24/04/2020 10:57 JPY 2623.00 JPY 2750.00 Hold Target Price & Rating Maggie Yeo 26/03/2020 04:44 JPY 2409.50 JPY 2800.00 Buy - Maggie Yeo

Date of publication: 23 September 2021 Page 358 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Toll Brothers, Inc. (US8894781033) 27/05/2021 08:14 USD 64.37 USD 75.00 Buy Target Price Gregoire Cayeux 25/02/2021 08:54 USD 55.95 USD 65.00 Buy Target Price Gregoire Cayeux 09/12/2020 10:57 USD 45.32 USD 50.00 Buy Rating Gregoire Cayeux 01/12/2020 09:49 USD 47.35 USD 50.00 Hold Target Price Gregoire Cayeux 01/10/2020 10:43 USD 48.66 USD 48.00 Hold - Timothy FUNG Tongcheng-Elong (KYG8918W1069) 16/09/2021 05:33 HKD 17.76 HKD 22.00 Buy Target Price Alexis TAY 20/05/2021 07:24 HKD 20.20 HKD 24.00 Buy Target Price Alexis TAY 31/08/2020 09:42 HKD 15.92 HKD 19.00 Buy Target Price Alexis TAY 18/06/2020 11:06 HKD 13.70 HKD 17.00 Buy - Alexis TAY (MYL7113OO003) 16/03/2021 03:12 MYR 5.24 Conflict of Interest Target Price & Rating Maggie Yeo 05/01/2021 09:27 MYR 5.50 MYR 5.80 Hold Rating Maggie Yeo 21/12/2020 10:44 MYR 6.64 MYR 5.80 Reduce Target Price & Rating Maggie Yeo 03/07/2020 03:38 MYR 17.50 MYR 30.40 Buy Target Price Maggie Yeo 01/06/2020 08:59 MYR 13.30 MYR 20.50 Buy Target Price Maggie Yeo 19/05/2020 08:17 MYR 10.50 MYR 12.30 Buy Target Price Maggie Yeo 31/03/2020 07:26 MYR 6.38 MYR 7.35 Buy - Maggie Yeo Toray Industries (JP3621000003) 05/06/2020 05:32 JPY 528.50 JPY 425.00 Reduce Target Price Maggie Yeo 29/05/2020 07:05 JPY 550.80 JPY 480.00 Reduce Rating Maggie Yeo 21/04/2020 09:32 JPY 480.10 JPY 480.00 Hold - Maggie Yeo

Date of publication: 23 September 2021 Page 359 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Toshiba (JP3592200004) 15/06/2021 09:00 JPY 4720.00 JPY 5455.00 Buy Target Price Maggie Yeo 19/05/2021 11:35 JPY 4510.00 JPY 5425.00 Buy Target Price Maggie Yeo 05/04/2021 08:55 JPY 3910.00 JPY 4620.00 Buy Target Price Maggie Yeo 26/01/2021 08:41 JPY 2963.00 JPY 4470.00 Buy Target Price Maggie Yeo 02/10/2020 03:30 JPY 2726.00 JPY 4285.00 Buy Target Price Maggie Yeo 14/08/2020 09:14 JPY 3480.00 JPY 4505.00 Buy Target Price Maggie Yeo 23/06/2020 04:36 JPY 3425.00 JPY 4530.00 Buy Target Price Maggie Yeo 08/06/2020 09:54 JPY 3205.00 JPY 4100.00 Buy Target Price Maggie Yeo 03/04/2020 08:05 JPY 2374.00 JPY 3600.00 Buy - Maggie Yeo Total Access Communication (TH0554010Z06) 27/04/2020 09:55 THB 45.00 THB 53.00 Buy Target Price Maggie Yeo 15/04/2020 07:56 THB 39.50 THB 57.00 Buy - Maggie Yeo Total Energies (FR0000120271) 13/04/2021 21:42 EUR 37.67 EUR 47.00 Buy Target Price Gregoire Cayeux 15/12/2020 18:18 EUR 36.60 EUR 42.50 Buy Target Price Mehdi Slimani 02/11/2020 18:41 EUR 25.82 EUR 40.00 Buy Target Price Mehdi Slimani 27/08/2020 20:33 EUR 33.36 EUR 45.00 Buy Target Price Mehdi Slimani 06/05/2020 14:06 EUR 32.91 EUR 40.00 Buy - Mehdi Slimani Toyota Motor (JP3633400001) 14/09/2021 04:25 JPY 9959.00 JPY 9200.00 Hold Target Price Maggie Yeo 23/08/2021 10:29 JPY 8915.00 JPY 9500.00 Hold Target Price Maggie Yeo 03/06/2021 11:47 JPY 9628.00 JPY 10500.00 Hold Target Price & Rating Tony Lau 17/02/2021 03:49 JPY 8303.00 JPY 7600.00 Reduce Target Price Tony Lau

Date of publication: 23 September 2021 Page 360 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Toyota Motor (JP3633400001) 21/12/2020 11:09 JPY 7911.00 JPY 7000.00 Reduce Target Price Maggie Yeo 12/11/2020 07:58 JPY 7503.00 JPY 5900.00 Reduce Target Price & Rating Tony Lau 14/08/2020 11:53 JPY 7285.00 JPY 5500.00 Sell Target Price & Rating Tony Lau 26/05/2020 10:19 JPY 6383.00 JPY 7000.00 Hold - Tony Lau Tractor Supply Company (US8923561067) 24/04/2021 09:15 USD 189.38 USD 200.00 Buy Target Price Gregoire Cayeux 29/01/2021 21:44 USD 149.44 USD 170.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:51 USD 141.61 USD 165.00 Buy - Timothy FUNG Transdigm Group Incorporated (US8936411003) 12/08/2021 09:19 USD 624.05 USD 655.00 Hold Target Price Gregoire Cayeux 10/02/2021 18:47 USD 596.64 USD 584.00 Hold Target Price & Rating Bruno Villeroil 26/11/2020 15:23 USD 603.85 USD 522.00 Reduce Rating Bruno Villeroil 13/11/2020 12:49 USD 556.53 USD 522.00 Hold Target Price & Rating Bruno Villeroil 01/10/2020 13:31 USD 475.12 USD 421.00 Reduce - Maggie Yeo Transocean Ltd. (CH0048265513) 05/08/2021 04:15 USD 3.50 USD 4.00 Buy Rating Godfrey OYENIRAN 30/06/2021 12:11 USD 4.65 USD 4.00 Reduce Rating Godfrey OYENIRAN 24/02/2021 09:34 USD 3.28 USD 4.00 Buy Target Price Godfrey OYENIRAN 07/01/2021 08:21 USD 2.67 USD 3.00 Buy Target Price & Rating Godfrey OYENIRAN 10/11/2020 10:51 USD .97 USD .70 Sell Target Price & Rating Godfrey OYENIRAN 01/10/2020 09:43 USD .81 USD 1.00 Buy - Maggie Yeo (DE000TRAT0N7) 15/07/2021 08:29 EUR 27.32 EUR 27.00 Reduce Target Price & Rating Riadh Hendaoui

Date of publication: 23 September 2021 Page 361 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Traton (DE000TRAT0N7) 13/04/2021 14:32 EUR 23.08 EUR 24.00 Hold Target Price & Rating Gregoire Cayeux 20/01/2021 11:03 EUR 24.64 EUR 23.00 Reduce Target Price & Rating Bruno Villeroil 02/12/2020 19:12 EUR 22.34 EUR 24.00 Hold Target Price Gregoire Cayeux 15/10/2020 16:15 EUR 17.77 EUR 18.00 Hold Target Price & Rating Bruno Villeroil 15/07/2020 15:31 EUR 17.85 EUR 17.00 Reduce Target Price & Rating Riadh Hendaoui 06/05/2020 18:28 EUR 13.50 EUR 15.00 Hold Target Price & Rating Bruno Villeroil 02/04/2020 20:38 EUR 12.20 EUR 18.00 Buy - Bruno Villeroil Trigano (FR0005691656) 02/07/2021 12:46 EUR 183.90 EUR 240.00 Buy Target Price Gregoire Cayeux 04/05/2021 19:13 EUR 150.20 EUR 200.00 Buy Target Price Gregoire Cayeux 15/01/2021 12:38 EUR 151.70 EUR 170.00 Buy Target Price Bruno Villeroil 23/11/2020 13:35 EUR 134.00 EUR 160.00 Buy Target Price Gregoire Cayeux 24/09/2020 19:43 EUR 105.90 EUR 140.00 Buy Target Price Gregoire Cayeux 08/05/2020 17:55 EUR 65.05 EUR 85.00 Buy - Gregoire Cayeux Trip.Com Group (US89677Q1076) 20/05/2021 07:26 USD 41.02 USD 50.00 Buy Target Price Alexis TAY 19/03/2021 11:08 USD 42.12 USD 48.00 Buy Target Price Alexis TAY 08/06/2020 12:12 USD 29.08 USD 34.00 Buy - Alexis TAY Tripadvisor, Inc. (US8969452015) 09/08/2021 10:51 USD 37.24 USD 42.00 Hold Target Price & Rating Gregoire Cayeux 11/05/2021 09:31 USD 44.17 USD 48.00 Buy Target Price & Rating Gregoire Cayeux 22/03/2021 18:59 USD 53.68 Conflict of Interest Target Price & Rating Gregoire Cayeux 04/03/2021 08:27 USD 44.71 USD 42.00 Hold Target Price Alexis TAY

Date of publication: 23 September 2021 Page 362 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Tripadvisor, Inc. (US8969452015) 10/11/2020 10:34 USD 24.31 USD 23.00 Hold Rating Alexis TAY 01/10/2020 12:20 USD 19.88 USD 23.00 Buy Target Price Alexis TAY 20/08/2020 09:57 USD 21.92 USD 32.00 Buy Target Price Mehdi Slimani 12/05/2020 09:28 USD 16.70 USD 35.00 Buy Target Price Gregoire Cayeux 27/03/2020 11:20 USD 19.79 USD 36.00 Buy - Mehdi Slimani True Corporation (TH0375010Z06) 18/08/2020 05:58 THB 3.52 THB 3.90 Hold Rating Maggie Yeo 20/05/2020 08:27 THB 3.32 THB 3.90 Buy - Maggie Yeo Tsingtao Brewery (CNE1000004K1) 27/05/2021 02:50 HKD 81.10 HKD 90.00 Buy Target Price Tony Lau 12/05/2020 11:21 HKD 50.15 HKD 60.40 Buy Target Price & Rating Tony Lau 02/04/2020 09:23 HKD 39.25 HKD 42.00 Hold - Tony Lau Tsmc (TW0002330008) 01/09/2021 11:27 TWD 614.00 TWD 765.90 Buy Target Price Tony Lau 19/07/2021 05:51 TWD 614.00 TWD 685.00 Buy Target Price Tony Lau 11/03/2021 04:25 TWD 597.00 TWD 800.00 Buy Target Price Tony Lau 07/01/2021 11:56 TWD 549.00 TWD 650.00 Buy Target Price Tony Lau 16/10/2020 09:50 TWD 453.00 TWD 546.00 Buy Target Price Tony Lau 27/07/2020 06:03 TWD 386.00 TWD 530.00 Buy Target Price Tony Lau 15/07/2020 12:20 TWD 363.50 TWD 410.00 Buy Target Price Tony Lau 31/03/2020 09:14 TWD 267.50 TWD 320.00 Buy - Tony Lau Tui (DE000TUAG000) 10/02/2021 11:31 EUR 3.63 EUR 4.91 Buy Target Price & Rating Torben BUMANN

Date of publication: 23 September 2021 Page 363 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Tui (DE000TUAG000) 03/12/2020 13:02 EUR 5.33 No Opinion Target Price & Rating Gregoire Cayeux 27/03/2020 11:31 EUR 4.45 EUR 7.80 Buy - Torben BUMANN Twilio Inc (US90138F1021) 06/08/2020 15:24 USD 278.11 USD 153.00 Sell Target Price & Rating Riadh Hendaoui 02/07/2020 14:33 USD 227.77 No Opinion Target Price & Rating Riadh Hendaoui 09/05/2020 17:42 USD 179.69 USD 143.00 Sell - Gregoire Cayeux Twitter, Inc. (US90184L1026) 30/07/2021 06:24 USD 68.69 USD 85.00 Buy Target Price Alexis TAY 07/05/2021 07:59 USD 53.81 USD 68.00 Buy Target Price Alexis TAY 17/02/2021 04:11 USD 71.90 USD 82.00 Buy Target Price Alexis TAY 10/11/2020 10:18 USD 42.76 USD 53.00 Buy Target Price Alexis TAY 09/10/2020 08:35 USD 46.01 USD 50.00 Buy Target Price & Rating Alexis TAY 01/10/2020 12:20 USD 45.33 USD 41.00 Hold Target Price & Rating Alexis TAY 27/07/2020 10:32 USD 37.54 USD 33.00 Reduce Target Price Mehdi Slimani 10/07/2020 11:51 USD 35.72 USD 32.00 Reduce Target Price & Rating Mehdi Slimani 01/05/2020 15:24 USD 28.68 USD 30.00 Hold Rating Gregoire Cayeux 25/03/2020 08:48 USD 25.85 USD 30.00 Buy - Gregoire Cayeux U-Blox (CH0033361673) 23/08/2021 14:22 CHF 65.55 CHF 60.00 Reduce Target Price Torben BUMANN 17/08/2021 09:31 CHF 72.75 CHF 65.00 Reduce Rating Torben BUMANN 12/04/2021 13:28 CHF 64.85 CHF 65.00 Hold Rating Torben BUMANN 15/03/2021 15:50 CHF 65.20 CHF 65.00 Reduce Target Price & Rating Torben BUMANN 24/11/2020 09:40 CHF 54.60 CHF 45.00 Sell Rating Torben BUMANN

Date of publication: 23 September 2021 Page 364 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

U-Blox (CH0033361673) 29/09/2020 16:47 CHF 49.22 CHF 45.00 Reduce Rating Torben BUMANN 28/08/2020 10:50 CHF 54.20 CHF 45.00 Sell Target Price Torben BUMANN 01/04/2020 15:46 CHF 59.45 CHF 50.00 Sell - Torben BUMANN U.S. Bancorp (US9029733048) 21/07/2021 08:37 USD 58.82 USD 64.00 Buy Target Price Godfrey OYENIRAN 09/07/2021 11:53 USD 56.01 USD 60.00 Buy Rating Godfrey OYENIRAN 04/05/2021 10:48 USD 59.29 USD 60.00 Hold Rating Godfrey OYENIRAN 19/04/2021 08:24 USD 57.86 USD 60.00 Buy Target Price & Rating Godfrey OYENIRAN 12/04/2021 08:24 USD 56.78 USD 55.00 Hold Rating Godfrey OYENIRAN 21/01/2021 10:25 USD 45.58 USD 55.00 Buy Target Price & Rating Godfrey OYENIRAN 07/01/2021 08:01 USD 49.01 USD 44.00 Reduce Rating Godfrey OYENIRAN 24/12/2020 01:29 USD 45.33 USD 44.00 Hold Target Price & Rating Godfrey OYENIRAN 01/10/2020 13:15 USD 35.59 USD 42.00 Buy Target Price Godfrey OYENIRAN 16/07/2020 15:10 USD 37.64 USD 45.00 Buy Target Price Riadh Hendaoui 17/04/2020 12:36 USD 31.78 USD 48.00 Buy Target Price Gregoire Cayeux 07/04/2020 15:20 USD 34.37 USD 51.00 Buy - Riadh Hendaoui Uber Technologies, Inc. (US90353T1007) 12/02/2021 12:17 USD 60.71 USD 75.00 Buy Target Price Bruno Villeroil 03/02/2021 08:38 USD 56.46 USD 65.00 Buy Target Price Gregoire Cayeux 09/11/2020 04:08 USD 44.87 USD 55.00 Buy Target Price & Rating Alexis TAY 05/11/2020 11:39 USD 40.99 USD 36.00 Reduce Rating Bruno Villeroil 01/10/2020 13:35 USD 33.35 USD 36.00 Hold Target Price & Rating Maggie Yeo 09/05/2020 18:47 USD 32.79 USD 48.00 Buy Target Price Gregoire Cayeux 24/03/2020 16:11 USD 22.40 USD 45.00 Buy - Bruno Villeroil

Date of publication: 23 September 2021 Page 365 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ubisoft (FR0000054470) 02/07/2021 09:35 EUR 60.10 EUR 73.00 Buy Target Price Gregoire Cayeux 18/05/2021 18:38 EUR 54.78 EUR 70.00 Buy Target Price Gregoire Cayeux 16/04/2021 18:16 EUR 65.90 EUR 75.00 Buy Target Price & Rating Mehdi Slimani 17/02/2021 13:18 EUR 74.62 EUR 80.00 Hold Target Price Gregoire Cayeux 10/02/2021 19:03 EUR 83.72 EUR 90.00 Hold Target Price & Rating Gregoire Cayeux 29/01/2021 09:23 EUR 81.92 EUR 95.00 Buy Target Price Mehdi Slimani 21/12/2020 15:39 EUR 78.92 EUR 92.00 Buy Target Price Riadh Hendaoui 12/11/2020 13:47 EUR 75.44 EUR 88.00 Buy Target Price Mehdi Slimani 31/10/2020 17:53 EUR 75.74 EUR 90.00 Buy Target Price Gregoire Cayeux 28/09/2020 17:20 EUR 76.30 EUR 91.00 Buy Target Price Mehdi Slimani 23/07/2020 17:44 EUR 70.00 EUR 88.00 Buy Target Price Mehdi Slimani 02/07/2020 15:18 EUR 76.50 EUR 83.00 Buy Target Price Mehdi Slimani 22/04/2020 17:58 EUR 66.62 EUR 80.00 Buy - Gregoire Cayeux Ubs Group (CH0244767585) 09/09/2021 23:41 CHF 15.32 CHF 16.00 Hold Target Price Riadh Hendaoui 24/06/2021 16:06 CHF 14.22 CHF 15.00 Hold Target Price & Rating Riadh Hendaoui 28/04/2021 14:39 CHF 13.84 CHF 15.50 Buy Rating Riadh Hendaoui 08/03/2021 17:35 CHF 14.35 CHF 15.50 Hold Rating Riadh Hendaoui 11/01/2021 17:18 CHF 13.50 CHF 15.50 Buy Target Price Riadh Hendaoui 21/10/2020 15:53 CHF 11.22 CHF 14.00 Buy Target Price Riadh Hendaoui 04/09/2020 08:59 CHF 11.20 CHF 13.50 Buy Target Price & Rating Gregoire Cayeux 23/07/2020 14:58 CHF 11.52 CHF 12.50 Hold Target Price Riadh Hendaoui 10/07/2020 22:17 CHF 11.00 CHF 11.70 Hold Target Price Riadh Hendaoui 01/05/2020 23:49 CHF 10.34 CHF 11.00 Hold Rating Riadh Hendaoui

Date of publication: 23 September 2021 Page 366 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Ubs Group (CH0244767585) 01/04/2020 18:00 CHF 9.05 CHF 11.00 Buy - Riadh Hendaoui Ucb (BE0003739530) 12/07/2021 16:00 EUR 90.30 EUR 110.00 Buy Target Price Riadh Hendaoui 01/03/2021 14:23 EUR 82.44 EUR 98.00 Buy Target Price Gregoire Cayeux 31/10/2020 09:23 EUR 84.70 EUR 103.00 Buy Rating Gregoire Cayeux 13/08/2020 10:40 EUR 105.05 EUR 103.00 Hold - Patrick Casselman Ulta Beauty, Inc. (US90384S3031) 27/08/2021 08:56 USD 388.68 USD 445.00 Buy Target Price Gregoire Cayeux 31/05/2021 15:06 USD 345.36 USD 385.00 Buy Target Price Gregoire Cayeux 13/03/2021 09:37 USD 318.15 USD 375.00 Buy Target Price Gregoire Cayeux 05/12/2020 09:13 USD 279.54 USD 310.00 Buy Target Price Gregoire Cayeux 01/10/2020 11:01 USD 223.96 USD 290.00 Buy - Timothy FUNG Umc (TW0002303005) 29/04/2021 04:37 TWD 60.50 TWD 70.00 Buy Target Price & Rating Tony Lau 26/04/2021 12:18 TWD 54.80 TWD 67.00 Hold Target Price Tony Lau 10/06/2020 10:25 TWD 16.85 TWD 17.80 Hold Rating Tony Lau 15/05/2020 11:35 TWD 15.35 TWD 17.80 Buy - Tony Lau Umicore (BE0974320526) 05/08/2021 14:25 EUR 54.44 EUR 56.00 Hold Target Price Gregoire Cayeux 07/05/2021 18:48 EUR 50.76 EUR 54.00 Hold Target Price Gregoire Cayeux 22/04/2021 11:05 EUR 47.65 EUR 50.00 Hold Target Price & Rating Gregoire Cayeux 15/12/2020 10:24 EUR 36,90 EUR 34.00 Reduce Rating Gregoire Cayeux 02/11/2020 12:19 EUR 33.04 EUR 34.00 Hold Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 367 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Umicore (BE0974320526) 12/08/2020 08:06 EUR 38.48 EUR 34.00 Reduce Target Price & Rating Patrick Casselman 31/07/2020 13:53 EUR 43.65 EUR 32.00 Sell Target Price & Rating Patrick Casselman 30/04/2020 16:34 EUR 40.06 EUR 37.00 Reduce Rating Patrick Casselman 09/04/2020 16:29 EUR 34.64 EUR 37.00 Hold - Patrick Casselman Under Armour, Inc. (US9043111072) 04/08/2021 10:26 USD 22.70 USD 25.00 Hold Target Price & Rating Gregoire Cayeux 05/05/2021 16:58 USD 23.88 USD 16.00 Sell Target Price Gregoire Cayeux 11/02/2021 12:05 USD 22.45 USD 12.00 Sell Target Price Riadh Hendaoui 01/10/2020 10:18 USD 10.92 USD 7.00 Sell Target Price & Rating Timothy FUNG 11/08/2020 10:55 USD 10.71 USD 11.30 Hold Rating Gregoire Cayeux 04/08/2020 14:15 USD 9.67 USD 11.30 Buy Rating Gregoire Cayeux 05/06/2020 09:50 USD 10.41 USD 11.30 Hold Target Price & Rating Gregoire Cayeux 07/05/2020 11:19 USD 9.19 USD 12.40 Buy - Gregoire Cayeux Uni-President China Holdings (KYG9222R1065) 15/05/2020 09:30 HKD 8.41 HKD 11.40 Buy - Tony Lau Uni-President Enterprises (TW0001216000) 07/06/2021 11:50 TWD 73.60 No Opinion Target Price & Rating Tony Lau 15/05/2020 10:11 TWD 70.00 TWD 78.70 Buy - Tony Lau Unicredit (IT0005239360) 11/08/2021 11:59 EUR 10.49 EUR 13.80 Buy Target Price Gregoire Cayeux 30/07/2021 15:35 EUR 9.83 EUR 12.70 Buy Target Price Riadh Hendaoui 06/07/2021 13:35 EUR 10.18 EUR 11.40 Buy Target Price Riadh Hendaoui 10/05/2021 19:58 EUR 9.35 EUR 11.00 Buy Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 368 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Unicredit (IT0005239360) 15/02/2021 19:03 EUR 8.40 EUR 10.00 Buy Target Price & Rating Riadh Hendaoui 07/01/2021 21:59 EUR 7.96 EUR 8.90 Hold Target Price Riadh Hendaoui 27/11/2020 14:54 EUR 9.07 EUR 9.80 Hold Rating Riadh Hendaoui 19/11/2020 22:53 EUR 8.50 EUR 9.80 Buy Target Price Riadh Hendaoui 14/10/2020 13:21 EUR 7.08 EUR 9.40 Buy Target Price Riadh Hendaoui 10/08/2020 13:10 EUR 7.73 EUR 10.00 Buy Target Price Gregoire Cayeux 17/07/2020 14:31 EUR 8.81 EUR 10.50 Buy Target Price Riadh Hendaoui 02/06/2020 17:11 EUR 7.91 EUR 11.00 Buy Target Price Riadh Hendaoui 31/03/2020 18:32 EUR 7.27 EUR 12.10 Buy - Riadh Hendaoui Unigroup Guoxin Microelectronics (A-Share) (CNE000001M14) 21/05/2021 11:10 CNY 127.49 CNY 128.00 Hold Target Price & Rating Tony Lau 08/10/2020 11:21 CNY 118.78 CNY 107.00 Reduce Target Price & Rating Tony Lau 16/07/2020 05:49 CNY 127.00 CNY 68.30 Sell Target Price Tony Lau 10/07/2020 09:16 CNY 132.66 CNY 59.30 Sell Target Price & Rating Tony Lau 03/04/2020 11:16 CNY 54.98 CNY 58.00 Hold - Tony Lau Unilever Plc (GB00B10RZP78) 15/06/2021 23:08 GBP 4295.00 GBP 5050.00 Buy Target Price Gregoire Cayeux 05/02/2021 14:28 GBP 4067.00 GBP 5300.00 Buy Target Price Gregoire Cayeux 13/10/2020 15:14 GBP 4851.00 GBP 5600.00 Buy Target Price & Rating Gregoire Cayeux 24/07/2020 20:55 GBP 4671.00 GBP 4800.00 Hold Rating Bruno Villeroil 01/07/2020 10:30 GBP 4355.00 GBP 4800.00 Buy Target Price & Rating Gregoire Cayeux 24/04/2020 14:06 GBP 4167.00 GBP 4500.00 Hold - Gregoire Cayeux

Date of publication: 23 September 2021 Page 369 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Union Pacific Corporation (US9078181081) 23/07/2021 12:49 USD 219.54 USD 207.00 Hold Target Price & Rating Bruno Villeroil 07/04/2021 08:34 USD 221.10 USD 178.00 Sell Rating Gregoire Cayeux 22/01/2021 09:56 USD 207.90 USD 178.00 Reduce Rating Alexis TAY 23/10/2020 13:02 USD 187.14 USD 178.00 Hold Rating Bruno Villeroil 09/10/2020 12:32 USD 203.78 USD 178.00 Reduce Target Price Bruno Villeroil 01/10/2020 14:02 USD 197.32 USD 183.00 Reduce Target Price Maggie Yeo 28/07/2020 12:17 USD 176.82 USD 157.00 Reduce Target Price Bruno Villeroil 24/07/2020 15:27 USD 175.00 USD 156.00 Reduce Rating Bruno Villeroil 29/04/2020 11:35 USD 161.36 USD 156.00 Hold Target Price Bruno Villeroil 25/04/2020 14:15 USD 156.09 USD 160.00 Hold - Gregoire Cayeux Uniper (DE000UNSE018) 14/08/2021 08:13 EUR 32.71 No Opinion Target Price & Rating Gregoire Cayeux 11/08/2021 20:59 EUR 33.46 EUR 27.00 Sell Target Price & Rating Mehdi Slimani 14/05/2021 16:31 EUR 30.81 EUR 26.60 Reduce Target Price Mehdi Slimani 27/04/2021 19:52 EUR 30.22 EUR 27.40 Reduce Target Price & Rating Mehdi Slimani 08/03/2021 17:30 EUR 29.78 EUR 25.00 Sell Target Price Mehdi Slimani 12/08/2020 15:03 EUR 28.84 EUR 22.00 Sell Rating Gregoire Cayeux 09/05/2020 15:41 EUR 25.24 EUR 22.00 Reduce Target Price Gregoire Cayeux 23/03/2020 09:42 EUR 23.00 EUR 20.30 Reduce - Gregoire Cayeux Unipol (IT0004810054) 11/08/2021 11:44 EUR 4.79 EUR 6.75 Buy Target Price Gregoire Cayeux 29/07/2021 23:08 EUR 4.54 EUR 6.60 Buy Target Price Riadh Hendaoui 22/02/2021 10:41 EUR 4.24 EUR 6.65 Buy Target Price Gregoire Cayeux 03/02/2021 21:39 EUR 3.76 EUR 6.70 Buy Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 370 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Unipol (IT0004810054) 14/01/2021 18:12 EUR 4.06 EUR 6.35 Buy Target Price Riadh Hendaoui 20/04/2020 19:56 EUR 3.01 EUR 4.00 Buy - Gregoire Cayeux Unipolsai (IT0004827447) 26/05/2021 11:05 EUR 2.49 EUR 2.90 Buy Rating Gregoire Cayeux 07/05/2021 14:34 EUR 2.63 EUR 2.90 Hold Rating Riadh Hendaoui 03/02/2021 15:35 EUR 2.13 EUR 2.90 Buy Target Price Riadh Hendaoui 10/08/2020 12:25 EUR 2.26 EUR 2.80 Buy Target Price Gregoire Cayeux 31/07/2020 23:46 EUR 2.13 EUR 2.75 Buy Target Price & Rating Riadh Hendaoui 18/05/2020 10:50 EUR 2.20 EUR 2.40 Hold Target Price Riadh Hendaoui 14/04/2020 11:53 EUR 2.34 EUR 2.30 Hold Target Price Riadh Hendaoui 02/04/2020 23:37 EUR 2.24 EUR 2.60 Hold - Riadh Hendaoui United Airlines Holdings, Inc. (US9100471096) 03/03/2021 18:21 USD 54.57 Conflict of Interest Target Price & Rating Gregoire Cayeux 22/01/2021 15:27 USD 42.59 USD 52.00 Buy Target Price & Rating Bruno Villeroil 16/10/2020 13:10 USD 34.25 USD 36.00 Hold Target Price & Rating Bruno Villeroil 01/10/2020 13:27 USD 32.74 USD 30.00 Reduce - Maggie Yeo United Internet (DE0005089031) 06/09/2021 07:56 EUR 36.42 No Opinion Target Price & Rating Gregoire Cayeux 12/04/2021 12:03 EUR 33.81 EUR 41.00 Buy Rating Torben BUMANN 22/02/2021 17:37 EUR 39.03 EUR 41.00 Hold Target Price & Rating Torben BUMANN 16/02/2021 17:03 EUR 38.92 EUR 37.00 Reduce Rating Torben BUMANN 03/11/2020 10:53 EUR 30.58 EUR 37.00 Buy Target Price Torben BUMANN 21/09/2020 09:59 EUR 40.74 EUR 47.00 Buy Target Price & Rating Torben BUMANN

Date of publication: 23 September 2021 Page 371 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

United Internet (DE0005089031) 12/08/2020 15:00 EUR 40.37 EUR 40.00 Reduce Rating Torben BUMANN 19/05/2020 11:10 EUR 36.06 EUR 40.00 Hold Target Price Torben BUMANN 13/05/2020 11:39 EUR 32.74 EUR 34.00 Hold Rating Torben BUMANN 26/03/2020 17:13 EUR 25.46 EUR 34.00 Buy - Torben BUMANN United Parcel Service, Inc. (US9113121068) 07/06/2021 12:45 USD 210.63 USD 233.00 Buy Target Price & Rating Bruno Villeroil 04/05/2021 09:27 USD 212.20 USD 217.00 Hold Rating Gregoire Cayeux 28/04/2021 12:50 USD 194.13 USD 217.00 Buy Target Price Gregoire Cayeux 11/02/2021 11:25 USD 165.66 USD 204.00 Buy Target Price Gregoire Cayeux 29/10/2020 15:08 USD 155.78 USD 181.00 Buy Target Price Bruno Villeroil 01/10/2020 13:48 USD 161.89 USD 177.00 Buy Target Price & Rating Maggie Yeo 28/08/2020 10:09 USD 160.21 USD 118.00 Sell Target Price Gregoire Cayeux 03/08/2020 19:08 USD 142.76 USD 112.00 Sell Target Price & Rating Bruno Villeroil 30/04/2020 15:33 USD 96.11 USD 107.00 Buy - Bruno Villeroil United States Steel Corporation (US9129091081) 03/08/2021 12:46 USD 25.07 USD 37.00 Buy Target Price & Rating Bruno Villeroil 12/06/2021 10:41 USD 28.66 USD 25.00 Reduce - Gregoire Cayeux United Tractors (ID1000058407) 17/03/2021 08:53 IDR 21175.00 IDR 26300.00 Buy Target Price Maggie Yeo 21/12/2020 09:25 IDR 27175.00 IDR 32400.00 Buy Target Price Maggie Yeo 11/09/2020 05:02 IDR 21400.00 IDR 28700.00 Buy - Maggie Yeo United Utilities (GB00B39J2M42) 13/08/2021 17:06 GBP 1075.50 No Opinion Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 372 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

United Utilities (GB00B39J2M42) 29/06/2021 11:58 GBP 997.60 GBP 980.00 Reduce Target Price Gregoire Cayeux 20/04/2021 19:36 GBP 973.40 GBP 890.00 Reduce Target Price & Rating Mehdi Slimani 22/12/2020 17:21 GBP 902.60 GBP 910.00 Hold Rating Bruno Villeroil 16/06/2020 13:14 GBP 911.80 GBP 910.00 Reduce Target Price & Rating Mehdi Slimani 08/04/2020 17:24 GBP 833.40 GBP 850.00 Hold - Mehdi Slimani Unitedhealth Group Incorporated (US91324P1021) 06/09/2021 15:18 USD 422.86 USD 457.00 Buy Target Price & Rating Gregoire Cayeux 16/07/2021 12:05 USD 420.05 USD 425.00 Hold Rating Riadh Hendaoui 16/04/2021 18:23 USD 390.01 USD 425.00 Buy Target Price Mehdi Slimani 18/01/2021 10:54 USD 351.30 USD 391.00 Buy Target Price Gregoire Cayeux 16/10/2020 12:00 USD 324.57 USD 357.00 Buy Target Price Mehdi Slimani 01/10/2020 11:34 USD 302.50 USD 336.00 Buy Target Price & Rating Godfrey OYENIRAN 16/07/2020 12:31 USD 304.07 USD 304.00 Hold Rating Mehdi Slimani 16/04/2020 14:07 USD 281.68 USD 304.00 Buy - Gregoire Cayeux Universal Health Services, Inc. (US9139031002) 12/06/2021 14:33 USD 160.38 No Opinion Target Price & Rating Gregoire Cayeux 28/04/2021 20:46 USD 145.91 USD 162.00 Buy Target Price & Rating Mehdi Slimani 22/03/2021 09:40 USD 138.00 USD 148.00 Hold Rating Mehdi Slimani 02/03/2021 14:16 USD 127.90 USD 148.00 Buy Target Price Gregoire Cayeux 17/11/2020 09:52 USD 132.91 USD 155.00 Buy Target Price Mehdi Slimani 31/10/2020 09:49 USD 109.55 USD 128.00 Buy Target Price Gregoire Cayeux 01/10/2020 13:20 USD 106.43 USD 123.00 Buy - Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 373 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Universal Robina (PHY9297P1004) 16/10/2020 08:21 PHP 131.90 PHP 158.00 Buy Target Price Maggie Yeo 29/04/2020 08:59 PHP 123.00 PHP 144.00 Buy Target Price Maggie Yeo 24/03/2020 06:01 PHP 108.70 PHP 138.00 Buy - Maggie Yeo Uob (SG1M31001969) 07/05/2021 05:24 SGD 26.30 SGD 30.00 Buy Target Price Maggie Yeo 21/04/2021 10:25 SGD 26.23 SGD 29.00 Buy Target Price & Rating Maggie Yeo 08/04/2021 04:41 SGD 25.95 Conflict of Interest Target Price & Rating Maggie Yeo 01/03/2021 08:53 SGD 24.68 SGD 29.00 Buy Target Price Maggie Yeo 05/01/2021 08:32 SGD 22.68 SGD 26.25 Buy Target Price Maggie Yeo 05/11/2020 09:16 SGD 19.80 SGD 23.50 Buy Target Price Maggie Yeo 20/10/2020 09:53 SGD 19.70 SGD 22.00 Buy Target Price & Rating Maggie Yeo 11/08/2020 08:24 SGD 19.58 SGD 20.85 Hold Target Price Maggie Yeo 07/08/2020 09:53 SGD 19.76 SGD 21.00 Hold Target Price Maggie Yeo 11/06/2020 08:05 SGD 23.10 SGD 23.00 Hold Target Price Maggie Yeo 08/05/2020 10:59 SGD 19.88 SGD 20.00 Hold Target Price Maggie Yeo 24/04/2020 11:03 SGD 19.57 SGD 21.25 Hold - Maggie Yeo Uol Group (SG1S83002349) 21/06/2021 11:45 SGD 7.27 SGD 9.40 Buy Target Price Maggie Yeo 21/12/2020 09:55 SGD 7.74 SGD 9.10 Buy Target Price Maggie Yeo 08/06/2020 09:50 SGD 7.49 SGD 8.85 Buy Target Price Maggie Yeo 20/04/2020 05:13 SGD 6.88 SGD 10.15 Buy - Maggie Yeo Urw Unibail Rodamco (FR0013326246) 27/07/2021 16:31 EUR 74.02 EUR 50.00 Sell Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 374 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Urw Unibail Rodamco (FR0013326246) 05/02/2021 19:03 EUR 62.62 EUR 45.00 Sell Target Price & Rating Gregoire Cayeux 28/09/2020 18:26 EUR 31.57 Conflict of Interest Target Price & Rating Gregoire Cayeux 05/08/2020 09:33 EUR 43.46 EUR 40.00 Reduce Target Price & Rating Gregoire Cayeux 11/06/2020 18:19 EUR 62.96 EUR 47.00 Sell Target Price & Rating Gregoire Cayeux 02/06/2020 11:59 EUR 53.06 EUR 90.00 Buy Target Price Gregoire Cayeux 24/03/2020 14:12 EUR 64.52 EUR 120.00 Buy - Gregoire Cayeux V.F. Corporation (US9182041080) 22/09/2021 10:49 USD 66.25 USD 80.00 Buy Target Price Gregoire Cayeux 14/08/2021 12:13 USD 80.81 USD 86.00 Buy Rating Gregoire Cayeux 03/08/2021 14:16 USD 81.83 USD 86.00 Hold Target Price & Rating Gregoire Cayeux 17/10/2020 21:49 USD 75.82 USD 90.00 Buy Target Price Riadh Hendaoui 01/10/2020 10:18 USD 69.28 USD 75.00 Buy Target Price & Rating Timothy FUNG 13/08/2020 11:21 USD 63.72 USD 54.00 Sell Rating Gregoire Cayeux 25/06/2020 09:08 USD 59.03 USD 54.00 Reduce Target Price & Rating Gregoire Cayeux 25/04/2020 08:57 USD 54.57 USD 59.00 Buy Target Price Gregoire Cayeux 23/04/2020 09:32 USD 54.27 USD 65.00 Buy - Gregoire Cayeux Vale Indonesia (ID1000109309) 16/07/2020 05:27 IDR 3190.00 Conflict of Interest Target Price & Rating Maggie Yeo 02/06/2020 08:50 IDR 2780.00 IDR 2540.00 Hold Target Price Maggie Yeo 21/04/2020 09:15 IDR 2510.00 IDR 2400.00 Hold Target Price & Rating Maggie Yeo 26/03/2020 04:41 IDR 1605.00 IDR 2235.00 Buy - Maggie Yeo Vale S.A. (US91912E1055) 02/03/2021 11:49 USD 17.53 USD 20.00 Buy Target Price Bruno Villeroil

Date of publication: 23 September 2021 Page 375 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Vale S.A. (US91912E1055) 01/10/2020 13:49 USD 10.64 USD 15.00 Buy Target Price & Rating Maggie Yeo 05/08/2020 11:13 USD 11.49 USD 10.00 Reduce Target Price & Rating Bruno Villeroil 09/05/2020 16:52 USD 8.52 USD 9.20 Hold - Gregoire Cayeux Valeo (FR0013176526) 17/09/2021 22:09 EUR 21.46 EUR 22.00 Hold Target Price Bruno Villeroil 28/07/2021 20:19 EUR 23.93 EUR 24.00 Hold Target Price Bruno Villeroil 15/07/2021 23:05 EUR 24.27 EUR 25.00 Hold Target Price Riadh Hendaoui 21/06/2021 21:35 EUR 26.45 EUR 27.00 Hold Target Price & Rating Bruno Villeroil 28/05/2021 18:08 EUR 27.27 EUR 26.00 Reduce Target Price Bruno Villeroil 29/04/2021 15:59 EUR 28.33 EUR 27.00 Reduce Target Price Bruno Villeroil 21/04/2021 20:16 EUR 27.00 EUR 26.00 Reduce Target Price & Rating Bruno Villeroil 19/02/2021 15:49 EUR 31.57 EUR 34.00 Hold Target Price Bruno Villeroil 14/01/2021 01:19 EUR 31.27 EUR 32.00 Hold Target Price & Rating Bruno Villeroil 19/11/2020 20:09 EUR 31.41 EUR 36.00 Buy Target Price Bruno Villeroil 24/09/2020 11:12 EUR 26.84 EUR 34.00 Buy Target Price Bruno Villeroil 10/08/2020 13:29 EUR 22.75 EUR 30.00 Buy Target Price & Rating Gregoire Cayeux 24/06/2020 17:47 EUR 23.04 EUR 23.00 Hold Target Price Bruno Villeroil 14/05/2020 20:29 EUR 18.18 EUR 21.00 Hold Target Price & Rating Bruno Villeroil 06/04/2020 11:01 EUR 13.80 EUR 20.00 Buy - Bruno Villeroil Valero Energy Corporation (US91913Y1001) 03/08/2021 09:10 USD 66.40 USD 72.00 Buy Target Price & Rating Godfrey OYENIRAN 15/06/2021 10:01 USD 81.95 USD 70.00 Sell Rating Godfrey OYENIRAN 27/04/2021 12:45 USD 70.18 USD 70.00 Hold Target Price & Rating Godfrey OYENIRAN 08/03/2021 11:10 USD 79.03 USD 62.00 Sell Rating Godfrey OYENIRAN

Date of publication: 23 September 2021 Page 376 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Valero Energy Corporation (US91913Y1001) 29/01/2021 11:07 USD 58.33 USD 62.00 Buy Target Price & Rating Godfrey OYENIRAN 10/11/2020 10:41 USD 50.08 USD 51.00 Hold Target Price & Rating Godfrey OYENIRAN 01/10/2020 09:58 USD 43.32 USD 46.00 Buy Target Price & Rating Maggie Yeo 04/08/2020 08:43 USD 53.91 No Opinion Target Price & Rating Gregoire Cayeux 01/04/2020 15:47 USD 45.36 USD 79.00 Buy - Mehdi Slimani Van De Velde Nv (BE0003839561) 31/08/2020 18:45 EUR 19.30 EUR 28.00 Buy - Rudy De Groodt Vanguard (TW0005347009) 07/06/2021 12:08 TWD 114.00 No Opinion Target Price & Rating Tony Lau 08/10/2020 10:57 TWD 96.50 TWD 82.80 Reduce - Tony Lau Varta (DE000A0TGJ55) 06/09/2021 17:10 EUR 133.60 EUR 96.00 Sell - Torben BUMANN Veeva Systems Inc. (US9224751084) 03/09/2021 11:18 USD 315.94 USD 338.00 Buy Target Price Mehdi Slimani 31/05/2021 19:25 USD 291.34 USD 324.00 Buy Target Price & Rating Gregoire Cayeux 12/03/2021 08:48 USD 261.27 USD 277.00 Hold Rating Gregoire Cayeux 05/03/2021 15:45 USD 256.13 USD 277.00 Buy Target Price & Rating Gregoire Cayeux 24/12/2020 17:15 USD 285.18 USD 285.00 Hold Rating Riadh Hendaoui 03/12/2020 08:31 USD 272.40 USD 285.00 Buy Target Price & Rating Gregoire Cayeux 01/10/2020 10:18 USD 281.19 USD 273.00 Hold Target Price Godfrey OYENIRAN 31/08/2020 09:54 USD 274.07 USD 275.00 Hold Target Price & Rating Gregoire Cayeux 13/07/2020 10:38 USD 254.16 USD 185.00 Sell Rating Mehdi Slimani 04/06/2020 09:47 USD 215.24 USD 185.00 Reduce Target Price & Rating Mehdi Slimani

Date of publication: 23 September 2021 Page 377 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Veeva Systems Inc. (US9224751084) 28/03/2020 10:32 USD 145.55 USD 180.00 Buy - Gregoire Cayeux Venture Corp. (SG0531000230) 03/05/2021 10:36 SGD 20.41 SGD 17.90 Reduce Target Price & Rating Maggie Yeo 18/08/2020 09:36 SGD 20.15 SGD 21.00 Hold Target Price Maggie Yeo 12/05/2020 08:56 SGD 15.75 SGD 15.90 Hold - Maggie Yeo Venustech Group Inc (CNE100000QJ2) 10/12/2020 08:30 CNY 28.88 CNY 40.00 Buy Target Price Tony Lau 22/07/2020 11:27 CNY 42.36 CNY 50.00 Buy - Tony Lau Veolia (FR0000124141) 02/02/2021 15:01 EUR 22.66 Conflict of Interest Target Price & Rating Gregoire Cayeux 15/01/2021 18:47 EUR 22.98 EUR 30.00 Buy Target Price Mehdi Slimani 18/09/2020 17:49 EUR 18.89 EUR 26.00 Buy Target Price Mehdi Slimani 01/07/2020 20:49 EUR 20.02 EUR 24.00 Buy Target Price Mehdi Slimani 02/04/2020 18:07 EUR 18.29 EUR 21.50 Buy Target Price Mehdi Slimani 27/03/2020 18:35 EUR 19.32 EUR 22.00 Buy - Mehdi Slimani Verallia (FR0013447729) 14/09/2021 19:34 EUR 30.10 EUR 41.00 Buy Target Price Bruno Villeroil 29/07/2021 19:25 EUR 31.00 EUR 39.00 Buy Target Price & Rating Bruno Villeroil 08/06/2021 18:34 EUR 32.26 Conflict of Interest Target Price & Rating Gregoire Cayeux 29/04/2021 17:58 EUR 32.30 EUR 36.50 Hold Target Price & Rating Bruno Villeroil 05/03/2021 08:41 EUR 29.65 Conflict of Interest Target Price & Rating Gregoire Cayeux 01/03/2021 19:27 EUR 30.45 EUR 36.50 Buy Target Price Bruno Villeroil 16/10/2020 16:44 EUR 21.20 EUR 34.00 Buy Target Price & Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 378 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Verallia (FR0013447729) 03/08/2020 22:22 EUR 28.40 EUR 32.00 Hold Target Price & Rating Bruno Villeroil 29/04/2020 16:16 EUR 23.00 EUR 30.00 Buy Target Price Bruno Villeroil 04/04/2020 11:14 EUR 19.80 EUR 31.00 Buy - Gregoire Cayeux Verbund (AT0000746409) 14/08/2021 08:01 EUR 82.35 No Opinion Target Price & Rating Gregoire Cayeux 31/07/2021 12:55 EUR 77.85 EUR 70.00 Reduce Target Price Gregoire Cayeux 19/05/2021 13:24 EUR 70.90 EUR 62.00 Reduce Target Price & Rating Gregoire Cayeux 18/03/2021 21:36 EUR 61.80 EUR 48.00 Sell Target Price Mehdi Slimani 08/01/2021 22:53 EUR 76.00 EUR 47.00 Sell Target Price Gregoire Cayeux 09/11/2020 08:40 EUR 53.25 EUR 41.00 Sell Target Price Mehdi Slimani 28/10/2020 18:12 EUR 51.60 EUR 37.00 Sell Target Price Mehdi Slimani 30/07/2020 17:54 EUR 44.62 EUR 33.00 Sell Target Price Mehdi Slimani 14/05/2020 19:19 EUR 42.76 EUR 32.00 Sell - Mehdi Slimani Verisign, Inc. (US92343E1029) 19/08/2021 09:39 USD 208.71 USD 220.00 Buy Rating Alexis TAY 30/07/2021 06:24 USD 222.96 USD 220.00 Hold Target Price Alexis TAY 28/04/2021 10:18 USD 211.47 USD 216.00 Hold Rating Alexis TAY 25/02/2021 09:55 USD 198.15 USD 216.00 Buy Target Price & Rating Alexis TAY 02/11/2020 08:56 USD 199.06 USD 210.00 Hold Target Price Alexis TAY 01/10/2020 14:07 USD 205.29 USD 204.00 Hold - Maggie Yeo Verisk Analytics, Inc. (US92345Y1064) 05/08/2021 10:10 USD 187.48 USD 194.00 Hold Target Price Gregoire Cayeux 06/05/2021 09:52 USD 172.63 USD 181.00 Hold Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 379 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Verisk Analytics, Inc. (US92345Y1064) 06/11/2020 21:18 USD 194.41 USD 216.00 Buy Target Price Bruno Villeroil 01/10/2020 12:35 USD 180.39 USD 203.00 Buy - Alexis TAY Verizon Communications Inc. (US92343V1044) 29/10/2020 04:47 USD 57.38 USD 50.00 Reduce Rating Alexis TAY 01/10/2020 12:21 USD 59.82 USD 50.00 Sell Target Price & Rating Alexis TAY 07/09/2020 10:22 USD 60.48 USD 59.00 Hold Rating Gregoire Cayeux 27/07/2020 10:14 USD 56.85 USD 59.00 Buy Rating Mehdi Slimani 25/04/2020 12:28 USD 57.93 USD 59.00 Hold Rating Gregoire Cayeux 16/04/2020 13:33 USD 56.93 USD 59.00 Buy - Gregoire Cayeux Vertex Pharmaceuticals Incorporated (US92532F1003) 14/06/2021 19:03 USD 193.02 USD 267.00 Buy Target Price Mehdi Slimani 03/02/2021 13:55 USD 217.33 USD 297.00 Buy Target Price Gregoire Cayeux 02/11/2020 16:11 USD 208.36 USD 293.00 Buy Target Price Gregoire Cayeux 01/10/2020 10:44 USD 272.12 USD 321.00 Buy Target Price & Rating Godfrey OYENIRAN 04/08/2020 09:44 USD 279.52 USD 259.00 Reduce Target Price & Rating Riadh Hendaoui 01/05/2020 17:47 USD 251.20 USD 244.00 Hold - Gregoire Cayeux Viacomcbs Inc. (US92556H2067) 23/03/2021 18:08 USD 91.25 Conflict of Interest Target Price & Rating Gregoire Cayeux 25/02/2021 09:56 USD 65.60 USD 75.00 Buy Target Price Alexis TAY 22/01/2021 09:49 USD 41.78 USD 46.00 Buy Target Price Alexis TAY 13/11/2020 11:10 USD 29.05 USD 34.00 Buy Target Price & Rating Alexis TAY 01/10/2020 12:26 USD 29.40 USD 30.00 Hold Target Price & Rating Alexis TAY 30/06/2020 15:30 USD 23.05 USD 57.00 Buy Target Price Mehdi Slimani

Date of publication: 23 September 2021 Page 380 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Viacomcbs Inc. (US92556H2067) 09/05/2020 17:05 USD 18.08 USD 65.00 Buy - Gregoire Cayeux Viatris Inc. (US92556V1061) 13/05/2021 14:20 USD 15.72 USD 17.00 Buy Target Price & Rating Gregoire Cayeux 03/03/2021 16:23 USD 14.29 USD 15.00 Hold Target Price & Rating Gregoire Cayeux 10/12/2020 08:06 USD 17.52 USD 19.00 Buy Target Price Gregoire Cayeux 02/12/2020 15:52 USD 17.01 USD 18.00 Buy - Gregoire Cayeux Vifor Pharma (CH0364749348) 05/08/2021 11:27 CHF 128.10 CHF 126.00 Reduce Rating Torben BUMANN 16/07/2021 11:31 CHF 121.40 CHF 126.00 Hold Rating Torben BUMANN 22/03/2021 10:52 CHF 126.15 CHF 126.00 Reduce Target Price & Rating Torben BUMANN 03/03/2021 21:13 CHF 120.00 CHF 135.00 Buy Rating Mehdi Slimani 22/09/2020 10:39 CHF 133.00 CHF 135.00 Hold Target Price Torben BUMANN 04/08/2020 13:59 CHF 133.70 CHF 136.00 Hold Target Price Gregoire Cayeux 18/06/2020 14:56 CHF 147.00 CHF 150.00 Hold - Torben BUMANN Vinci (FR0000125486) 16/08/2021 14:15 EUR 91.46 EUR 104.00 Buy Target Price Gregoire Cayeux 30/04/2021 16:44 EUR 90.74 EUR 100.00 Buy Target Price & Rating Bruno Villeroil 22/03/2021 13:38 EUR 88.70 EUR 91.00 Hold Rating Gregoire Cayeux 29/07/2020 21:34 EUR 78.48 EUR 91.00 Buy Target Price & Rating Bruno Villeroil 02/06/2020 16:23 EUR 83.96 EUR 88.00 Hold Rating Bruno Villeroil 25/03/2020 19:14 EUR 69.10 EUR 88.00 Buy - Bruno Villeroil Vipshop Holdings (US92763W1036) 25/08/2021 10:54 USD 14.26 USD 32.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 381 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Vipshop Holdings (US92763W1036) 01/03/2021 07:29 USD 37.32 USD 52.00 Buy Target Price Alexis TAY 18/11/2020 03:56 USD 23.03 USD 33.00 Buy Target Price Alexis TAY 09/10/2020 09:01 USD 15.35 USD 29.00 Buy Target Price Alexis TAY 05/06/2020 12:13 USD 16.50 USD 25.00 Buy Target Price Alexis TAY 28/04/2020 08:49 USD 16.62 USD 24.00 Buy Target Price Alexis TAY 25/03/2020 09:08 USD 15.25 USD 20.10 Buy - Alexis TAY Visa Inc. (US92826C8394) 30/07/2021 06:38 USD 246.94 USD 270.00 Buy Target Price Alexis TAY 30/04/2021 08:11 USD 233.45 USD 250.00 Buy Target Price Alexis TAY 02/02/2021 10:55 USD 198.22 USD 220.00 Buy Target Price & Rating Alexis TAY 13/11/2020 11:12 USD 208.26 USD 200.00 Hold Rating Alexis TAY 30/10/2020 07:56 USD 184.87 USD 200.00 Buy Target Price Alexis TAY 01/10/2020 12:23 USD 195.52 USD 215.00 Buy Target Price & Rating Alexis TAY 14/09/2020 10:09 USD 200.68 USD 171.00 Reduce Target Price & Rating Riadh Hendaoui 30/07/2020 11:44 USD 198.58 USD 166.00 Sell Rating Riadh Hendaoui 09/05/2020 12:43 USD 185.09 USD 166.00 Reduce Rating Gregoire Cayeux 28/03/2020 12:43 USD 161.56 USD 166.00 Hold - Riadh Hendaoui Viscofan (ES0184262212) 01/03/2021 13:24 EUR 58.25 EUR 65.00 Hold Target Price & Rating Gregoire Cayeux 30/10/2020 17:34 EUR 54.00 EUR 63.00 Buy Rating Gregoire Cayeux 05/08/2020 11:06 EUR 63.00 EUR 63.00 Hold Target Price Gregoire Cayeux 27/04/2020 13:32 EUR 54.80 EUR 58.00 Hold Target Price & Rating Gregoire Cayeux 01/04/2020 18:14 EUR 49.84 EUR 57.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 382 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Vivendi (FR0000127771) 04/03/2021 13:39 EUR 29.25 EUR 33.50 Buy Target Price Gregoire Cayeux 11/01/2021 17:53 EUR 26.01 EUR 31.00 Buy Target Price Mehdi Slimani 21/10/2020 17:45 EUR 24.86 EUR 29.50 Buy Target Price Mehdi Slimani 21/04/2020 16:14 EUR 21.46 EUR 27.00 Buy Target Price Gregoire Cayeux 20/04/2020 18:49 EUR 20.63 EUR 26.00 Buy - Mehdi Slimani Vmware, Inc. (US9285634021) 22/04/2021 04:04 USD 160.08 USD 180.00 Buy Target Price Alexis TAY 05/03/2021 04:41 USD 140.41 USD 170.00 Buy Target Price Alexis TAY 01/10/2020 12:35 USD 142.61 USD 180.00 Buy Target Price Alexis TAY 28/03/2020 21:01 USD 115.74 USD 202.00 Buy - Riadh Hendaoui Vodafone Group (GB00BH4HKS39) 19/05/2021 20:03 GBP 129.08 GBP 155.00 Buy Target Price & Rating Gregoire Cayeux 24/02/2021 11:29 GBP 125.50 Conflict of Interest Target Price & Rating Gregoire Cayeux 04/02/2021 18:48 GBP 134.86 GBP 170.00 Buy Target Price Gregoire Cayeux 18/11/2020 20:26 GBP 122.54 GBP 175.00 Buy Target Price Mehdi Slimani 30/03/2020 22:16 GBP 116.08 GBP 165.00 Buy - Mehdi Slimani Volkswagen Pref (DE0007664039) 29/07/2021 09:56 EUR 207.05 Conflict of Interest Target Price & Rating Gregoire Cayeux 28/05/2021 15:56 EUR 225.35 EUR 270.00 Buy Target Price Bruno Villeroil 09/05/2021 15:39 EUR 212.40 EUR 286.00 Buy Target Price Gregoire Cayeux 22/04/2021 17:51 EUR 228.40 EUR 287.00 Buy Target Price Bruno Villeroil 13/04/2021 16:15 EUR 235.55 EUR 277.00 Buy Target Price & Rating Bruno Villeroil 17/03/2021 15:54 EUR 207.85 EUR 228.00 Hold Target Price & Rating Bruno Villeroil

Date of publication: 23 September 2021 Page 383 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Volkswagen Pref (DE0007664039) 02/03/2021 15:45 EUR 175.82 EUR 206.00 Buy Target Price Bruno Villeroil 25/01/2021 20:05 EUR 165.08 EUR 186.00 Buy Target Price Bruno Villeroil 30/11/2020 14:08 EUR 145.92 EUR 165.00 Buy Target Price Gregoire Cayeux 19/10/2020 20:57 EUR 138.28 EUR 191.00 Buy Target Price Bruno Villeroil 23/09/2020 20:59 EUR 134.82 EUR 180.00 Buy Target Price Bruno Villeroil 31/07/2020 21:30 EUR 129.20 EUR 170.00 Buy Target Price Bruno Villeroil 21/04/2020 13:51 EUR 124.74 EUR 160.00 Buy Target Price Gregoire Cayeux 03/04/2020 12:36 EUR 98.83 EUR 165.00 Buy - Bruno Villeroil Vonovia (DE000A1ML7J1) 13/01/2021 14:53 EUR 56.20 EUR 67.00 Buy Target Price & Rating Torben BUMANN 04/11/2020 11:16 EUR 56.26 EUR 59.00 Hold Rating Torben BUMANN 04/09/2020 17:07 EUR 61.48 EUR 59.00 Reduce Rating Torben BUMANN 29/07/2020 19:03 EUR 54.68 EUR 59.00 Hold Rating Mehdi Slimani 23/04/2020 15:30 EUR 44.79 EUR 59.00 Buy - Gregoire Cayeux Vornado Realty Trust (US9290421091) 05/05/2021 13:12 USD 47.43 USD 49.00 Hold Target Price Gregoire Cayeux 18/02/2021 09:02 USD 37.14 USD 39.00 Hold Target Price & Rating Gregoire Cayeux 21/01/2021 08:59 USD 38.11 USD 35.00 Reduce Target Price & Rating Gregoire Cayeux 26/11/2020 08:40 USD 40.62 USD 38.00 Hold Target Price Gregoire Cayeux 04/11/2020 08:27 USD 34.03 USD 36.00 Hold Target Price Gregoire Cayeux 29/10/2020 09:26 USD 30.37 USD 32.00 Hold Rating Gregoire Cayeux 04/10/2020 15:09 USD 35.71 USD 32.00 Reduce Rating Gregoire Cayeux 01/10/2020 09:33 USD 33.71 USD 32.00 Hold Target Price & Rating Timothy FUNG 08/05/2020 10:31 USD 37.69 USD 58.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 384 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Vulcan Materials Company (US9291601097) 07/06/2021 18:55 USD 177.96 Conflict of Interest Target Price & Rating Gregoire Cayeux 05/05/2021 15:41 USD 189.21 USD 192.00 Hold Target Price Bruno Villeroil 18/02/2021 12:41 USD 161.88 USD 167.00 Hold Target Price & Rating Bruno Villeroil 06/11/2020 18:51 USD 137.47 USD 145.00 Buy Target Price & Rating Bruno Villeroil 01/10/2020 13:11 USD 135.54 USD 133.00 Hold Target Price Maggie Yeo 06/08/2020 14:26 USD 126.54 USD 130.00 Hold Target Price Gregoire Cayeux 17/06/2020 12:27 USD 123.15 USD 125.00 Hold Rating Bruno Villeroil 26/03/2020 12:08 USD 95.74 USD 125.00 Buy - Bruno Villeroil (DE000WCH8881) 08/09/2021 08:37 EUR 154.70 No Opinion Target Price & Rating Gregoire Cayeux 28/06/2021 09:07 EUR 132.90 EUR 143.00 Hold Target Price & Rating Torben BUMANN 19/04/2021 09:34 EUR 131.05 EUR 125.00 Reduce Rating Torben BUMANN 22/03/2021 10:59 EUR 110.10 EUR 125.00 Buy Target Price Torben BUMANN 16/03/2021 10:24 EUR 116.40 EUR 132.00 Buy Rating Torben BUMANN 17/02/2021 15:40 EUR 116.20 EUR 132.00 Hold Target Price Torben BUMANN 15/01/2021 13:52 EUR 123.60 EUR 129.00 Hold Target Price & Rating Torben BUMANN 19/11/2020 17:37 EUR 92.90 EUR 115.00 Buy Target Price Torben BUMANN 29/10/2020 13:24 EUR 81.74 EUR 93.00 Buy Rating Torben BUMANN 06/08/2020 17:13 EUR 79.74 EUR 93.00 Hold Target Price & Rating Riadh Hendaoui 17/06/2020 13:38 EUR 60.78 EUR 51.00 Sell Rating Torben BUMANN 28/05/2020 17:26 EUR 58.86 EUR 51.00 Reduce Target Price & Rating Torben BUMANN 30/04/2020 11:22 EUR 54.40 EUR 46.00 Sell Rating Torben BUMANN 30/03/2020 17:15 EUR 42.36 EUR 46.00 Hold - Gregoire Cayeux

Date of publication: 23 September 2021 Page 385 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Walgreens Boots Alliance, Inc. (US9314271084) 01/04/2021 09:15 USD 54.90 USD 55.00 Hold Target Price Gregoire Cayeux 08/01/2021 09:13 USD 45.26 USD 46.00 Hold Target Price Gregoire Cayeux 16/10/2020 11:05 USD 37.64 USD 42.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 09:01 USD 35.72 USD 45.00 Buy Target Price & Rating Timothy FUNG 13/07/2020 11:32 USD 40.12 USD 48.00 Hold Target Price & Rating Riadh Hendaoui 03/04/2020 10:25 USD 40.32 USD 55.00 Buy Target Price Gregoire Cayeux 31/03/2020 11:41 USD 45.16 USD 60.00 Buy - Gregoire Cayeux Walmart Inc. (US9311421039) 18/08/2021 08:31 USD 150.70 USD 150.00 Hold Target Price Gregoire Cayeux 19/02/2021 09:42 USD 137.66 USD 145.00 Hold Target Price & Rating Gregoire Cayeux 18/11/2020 08:57 USD 149.37 USD 170.00 Buy Target Price Gregoire Cayeux 01/10/2020 09:04 USD 139.91 USD 160.00 Buy Target Price & Rating Timothy FUNG 27/08/2020 12:21 USD 130.70 USD 116.00 Reduce Target Price Gregoire Cayeux 10/07/2020 12:20 USD 127.75 USD 111.00 Reduce Rating Gregoire Cayeux 13/06/2020 19:48 USD 117.74 USD 111.00 Hold Target Price & Rating Gregoire Cayeux 21/05/2020 09:28 USD 125.45 USD 108.00 Reduce Rating Gregoire Cayeux 17/04/2020 10:32 USD 132.33 USD 108.00 Sell - Gregoire Cayeux Wanda Film (A-Share) (CNE100001WW1) 23/02/2021 03:31 CNY 20.37 CNY 25.00 Buy Target Price & Rating Tony Lau 26/03/2020 04:20 CNY 17.09 CNY 17.10 Hold - Alexis TAY Want Want China (KYG9431R1039) 12/04/2021 12:09 HKD 5.84 HKD 6.00 Hold Target Price Tony Lau 15/07/2020 10:52 HKD 6.07 HKD 6.30 Hold - Tony Lau

Date of publication: 23 September 2021 Page 386 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Waste Management, Inc. (US94106L1098) 28/07/2021 12:50 USD 146.96 USD 169.00 Buy Target Price Bruno Villeroil 28/04/2021 15:52 USD 135.06 USD 152.00 Buy Target Price Gregoire Cayeux 20/02/2021 10:26 USD 111.63 USD 130.00 Buy Target Price Gregoire Cayeux 03/11/2020 16:53 USD 110.67 USD 124.00 Buy Target Price Bruno Villeroil 01/10/2020 13:25 USD 114.97 USD 120.00 Buy Target Price & Rating Maggie Yeo 05/08/2020 11:21 USD 108.82 No Opinion Target Price & Rating Bruno Villeroil 29/04/2020 12:15 USD 101.66 USD 81.00 Sell - Bruno Villeroil Watts Water Technologies, Inc. (US9427491025) 06/08/2021 10:08 USD 159.69 USD 168.00 Hold Target Price Gregoire Cayeux 07/05/2021 12:01 USD 134.36 USD 132.00 Hold Target Price Gregoire Cayeux 15/02/2021 11:50 USD 121.60 USD 130.00 Hold Target Price Bruno Villeroil 06/11/2020 20:56 USD 114.50 USD 118.00 Hold Target Price Bruno Villeroil 05/10/2020 11:48 USD 101.78 USD 104.00 Hold Target Price Bruno Villeroil 01/10/2020 13:03 USD 97.04 USD 94.00 Hold - Maggie Yeo Wdp (BE0974349814) 02/08/2021 11:47 EUR 36.28 EUR 36.00 Hold Target Price & Rating Gregoire Cayeux 30/07/2021 23:58 EUR 35.66 EUR 32.00 Reduce Rating Gregoire Cayeux 21/04/2021 10:44 EUR 30.30 EUR 32.00 Hold Rating Gregoire Cayeux 19/02/2021 11:29 EUR 28.46 EUR 32.00 Buy Target Price & Rating Gregoire Cayeux 03/02/2021 15:34 EUR 30.24 Conflict of Interest Target Price & Rating Gregoire Cayeux 01/02/2021 16:23 EUR 28.38 EUR 32.00 Buy Target Price & Rating Gregoire Cayeux 22/10/2020 14:04 EUR 29.82 EUR 31.00 Hold Target Price Gregoire Cayeux 05/08/2020 10:59 EUR 27.62 EUR 30.00 Hold Target Price & Rating Patrick Casselman 31/07/2020 14:04 EUR 26.97 EUR 26.00 Reduce Rating Patrick Casselman

Date of publication: 23 September 2021 Page 387 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Wdp (BE0974349814) 29/04/2020 14:25 EUR 24.24 EUR 26.00 Hold - Patrick Casselman & Company (US9497461015) 21/07/2021 08:32 USD 45.00 USD 52.00 Buy Target Price Godfrey OYENIRAN 09/07/2021 12:02 USD 43.49 USD 46.00 Buy Rating Godfrey OYENIRAN 20/05/2021 09:04 USD 46.17 USD 46.00 Hold Target Price & Rating Godfrey OYENIRAN 12/04/2021 08:29 USD 39.48 USD 33.00 Sell Rating Godfrey OYENIRAN 25/03/2021 07:45 USD 38.24 USD 33.00 Reduce Target Price & Rating Godfrey OYENIRAN 18/01/2021 09:04 USD 32.04 USD 31.00 Hold Target Price & Rating Godfrey OYENIRAN 07/01/2021 07:24 USD 32.69 USD 26.00 Sell Rating Godfrey OYENIRAN 01/10/2020 12:21 USD 22.83 USD 26.00 Buy Target Price Godfrey OYENIRAN 16/07/2020 14:26 USD 25.35 USD 46.00 Buy Target Price Riadh Hendaoui 16/04/2020 10:46 USD 28.44 USD 50.00 Buy Target Price Riadh Hendaoui 07/04/2020 09:41 USD 28.63 USD 55.00 Buy - Riadh Hendaoui Welltower Inc. (US95040Q1040) 09/08/2021 19:49 USD 85.56 Conflict of Interest Target Price & Rating Gregoire Cayeux 03/08/2021 09:07 USD 86.27 USD 92.00 Hold Target Price Gregoire Cayeux 30/04/2021 18:54 USD 76.08 USD 75.00 Hold Target Price & Rating Gregoire Cayeux 08/04/2021 12:39 USD 74.16 USD 65.00 Reduce Rating Gregoire Cayeux 19/02/2021 08:05 USD 68.17 USD 65.00 Hold Target Price & Rating Gregoire Cayeux 11/02/2021 08:34 USD 64.93 USD 55.00 Sell Rating Gregoire Cayeux 23/01/2021 09:13 USD 63.07 USD 55.00 Reduce Rating Gregoire Cayeux 01/10/2020 09:36 USD 55.09 USD 55.00 Hold Target Price & Rating Timothy FUNG 28/03/2020 09:28 USD 49.70 USD 73.00 Buy - Gregoire Cayeux

Date of publication: 23 September 2021 Page 388 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Wendel (FR0000121204) 30/07/2021 23:44 EUR 118.20 EUR 141.00 Buy Target Price Riadh Hendaoui 19/03/2021 13:16 EUR 104.20 EUR 122.00 Buy Target Price Gregoire Cayeux 03/12/2020 14:22 EUR 94.20 EUR 107.00 Buy Target Price Gregoire Cayeux 21/10/2020 12:49 EUR 82.00 EUR 102.00 Buy Target Price Gregoire Cayeux 30/04/2020 12:14 EUR 80.80 EUR 95.00 Buy - Gregoire Cayeux Westinghouse Air Brake Technologies Corporation (US9297401088) 03/08/2021 17:38 USD 83.58 USD 92.00 Hold Target Price Bruno Villeroil 03/05/2021 19:30 USD 82.07 USD 88.00 Hold Target Price Bruno Villeroil 23/02/2021 12:44 USD 74.13 USD 78.00 Hold Target Price Bruno Villeroil 21/12/2020 11:47 USD 73.44 USD 77.00 Hold Target Price Bruno Villeroil 03/11/2020 01:45 USD 59.30 USD 64.00 Hold Target Price & Rating Bruno Villeroil 01/10/2020 13:33 USD 60.37 USD 70.00 Buy - Maggie Yeo Westpac Banking Corp (AU000000WBC1) 12/05/2021 11:24 AUD 25.77 Conflict of Interest Target Price & Rating Maggie Yeo 09/04/2021 09:18 AUD 25.16 AUD 25.00 Hold Target Price Maggie Yeo 23/04/2020 10:13 AUD 15.34 AUD 16.00 Hold - Maggie Yeo Westports Holdings (MYL5246OO003) 08/05/2020 04:23 MYR 3.65 MYR 3.70 Hold - Maggie Yeo Weyerhaeuser Company (US9621661043) 03/08/2021 10:17 USD 34.22 USD 38.00 Hold Target Price Gregoire Cayeux 25/05/2021 07:42 USD 37.15 USD 40.00 Hold - Gregoire Cayeux Wh Group (KYG960071028) 19/08/2021 09:37 HKD 5.95 HKD 8.00 Buy Target Price Tony Lau

Date of publication: 23 September 2021 Page 389 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Wh Group (KYG960071028) 15/07/2021 09:15 HKD 6.47 HKD 8.90 Buy Target Price Tony Lau 08/06/2021 03:49 HKD 6.93 HKD 10.10 Buy Target Price Tony Lau 21/01/2021 03:15 HKD 6.93 HKD 7.80 Buy Target Price Tony Lau 16/10/2020 10:12 HKD 6.07 HKD 8.80 Buy Target Price Tony Lau 11/05/2020 12:19 HKD 7.13 HKD 9.20 Buy Target Price Tony Lau 26/03/2020 03:35 HKD 6.60 HKD 12.10 Buy - Tony Lau Wharf Holding (HK0004000045) 20/09/2021 10:14 HKD 26.25 HKD 26.50 Hold Target Price Tony Lau 01/06/2021 11:39 HKD 26.80 HKD 28.00 Hold Target Price Tony Lau 17/06/2020 10:49 HKD 15.80 HKD 16.00 Hold Target Price Tony Lau 25/05/2020 12:43 HKD 12.98 HKD 14.00 Hold - Tony Lau Wharf Reic (KYG9593A1040) 20/09/2021 10:20 HKD 37.20 HKD 41.00 Buy Target Price Tony Lau 16/02/2021 08:32 HKD 43.95 HKD 59.00 Buy Target Price & Rating Tony Lau 23/10/2020 05:18 HKD 31.45 HKD 29.40 Hold Target Price Tony Lau 03/08/2020 11:20 HKD 27.40 HKD 29.37 Hold Target Price Tony Lau 17/06/2020 11:03 HKD 36.10 HKD 37.00 Hold Target Price Tony Lau 25/05/2020 12:09 HKD 28.60 HKD 30.00 Hold Target Price & Rating Tony Lau 20/05/2020 06:40 HKD 32.00 HKD 38.00 Buy - Tony Lau Wilmar International (SG1T56930848) 15/07/2021 10:41 SGD 4.58 SGD 5.80 Buy Target Price Maggie Yeo 17/02/2021 10:26 SGD 5.51 SGD 6.18 Buy Target Price Maggie Yeo 15/10/2020 11:01 SGD 4.66 SGD 5.40 Buy Target Price & Rating Maggie Yeo

Date of publication: 23 September 2021 Page 390 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Wilmar International (SG1T56930848) 21/08/2020 03:26 SGD 4.45 Conflict of Interest Target Price & Rating Maggie Yeo 07/08/2020 05:51 SGD 4.79 SGD 5.40 Buy - Maggie Yeo Win Semiconductors (TW0003105003) 29/10/2020 10:42 TWD 319.50 TWD 325.00 Hold Target Price & Rating Tony Lau 18/09/2020 11:58 TWD 299.50 TWD 350.00 Buy Target Price Tony Lau 12/05/2020 12:00 TWD 282.50 TWD 315.00 Buy - Tony Lau Wipro Limited (US97651M1099) 30/04/2021 08:24 USD 7.31 USD 6.50 Reduce Rating Alexis TAY 28/04/2021 10:20 USD 6.96 USD 6.50 Hold Target Price Alexis TAY 22/01/2021 09:55 USD 6.33 USD 6.00 Hold Target Price & Rating Alexis TAY 11/12/2020 03:06 USD 5.31 USD 3.50 Sell Target Price Alexis TAY 01/10/2020 12:36 USD 4.67 USD 3.00 Sell - Alexis TAY Wirecard Ag (DE0007472060) 19/06/2020 16:05 EUR 38.80 No Opinion Target Price & Rating Riadh Hendaoui 01/05/2020 09:52 EUR 91.49 EUR 110.00 Hold Target Price & Rating Riadh Hendaoui 25/03/2020 18:07 EUR 93.62 EUR 210.00 Buy - Riadh Hendaoui Wistron (TW0003231007) 07/05/2021 09:02 TWD 30.80 No Opinion Target Price & Rating Tony Lau 23/07/2020 09:47 TWD 34.25 TWD 40.10 Buy Target Price & Rating Tony Lau 14/05/2020 10:19 TWD 27.55 TWD 30.00 Hold - Tony Lau Wolters Kluwer (NL0000395903) 06/08/2021 13:42 EUR 95.88 EUR 90.00 Reduce Target Price & Rating Gregoire Cayeux 25/02/2021 14:14 EUR 63.88 EUR 70.00 Hold Target Price & Rating Gregoire Cayeux

Date of publication: 23 September 2021 Page 391 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Wolters Kluwer (NL0000395903) 11/11/2020 19:01 EUR 73.74 EUR 69.00 Reduce Target Price Gregoire Cayeux 02/07/2020 11:05 EUR 70.32 EUR 65.00 Reduce Target Price & Rating Gregoire Cayeux 21/04/2020 16:41 EUR 67.04 EUR 55.00 Sell - Gregoire Cayeux Workday, Inc. (US98138H1014) 01/09/2021 11:12 USD 271.37 USD 242.00 Reduce Target Price & Rating Alexis TAY 08/06/2021 12:14 USD 221.24 USD 213.00 Hold Target Price & Rating Alexis TAY 05/03/2021 04:52 USD 236.70 USD 220.00 Reduce Target Price & Rating Alexis TAY 11/12/2020 02:44 USD 219.48 USD 225.00 Hold Target Price & Rating Alexis TAY 01/10/2020 12:23 USD 208.69 USD 221.00 Buy Target Price & Rating Alexis TAY 31/08/2020 10:23 USD 243.88 USD 198.00 Sell Target Price & Rating Gregoire Cayeux 01/07/2020 10:23 USD 187.36 No Opinion Target Price & Rating Riadh Hendaoui 29/05/2020 14:25 USD 182.56 USD 183.00 Hold Rating Gregoire Cayeux 02/04/2020 18:11 USD 126.28 USD 183.00 Buy - Riadh Hendaoui Worldline (FR0011981968) 09/09/2021 23:24 EUR 71.31 EUR 100.00 Buy Target Price Riadh Hendaoui 28/07/2021 13:10 EUR 77.28 EUR 94.00 Buy Target Price Riadh Hendaoui 16/06/2021 16:36 EUR 79.04 EUR 96.00 Buy Target Price Riadh Hendaoui 25/02/2021 15:08 EUR 73.70 EUR 95.00 Buy Target Price Gregoire Cayeux 01/12/2020 09:17 EUR 77.50 EUR 100.00 Buy Target Price & Rating Gregoire Cayeux 27/11/2020 17:43 EUR 76.64 EUR 80.00 Hold - Riadh Hendaoui Wpp (JE00B8KF9B49) 11/08/2021 13:42 GBP 987.60 GBP 955.00 Reduce Target Price Gregoire Cayeux 07/07/2021 12:58 GBP 982.00 GBP 910.00 Reduce Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 392 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Wpp (JE00B8KF9B49) 05/05/2021 15:20 GBP 971.80 GBP 880.00 Reduce Target Price Gregoire Cayeux 27/04/2021 18:27 GBP 967.60 GBP 830.00 Reduce Target Price & Rating Gregoire Cayeux 12/03/2021 17:32 GBP 914.20 GBP 760.00 Sell Target Price & Rating Mehdi Slimani 11/01/2021 18:07 GBP 828.80 GBP 790.00 Reduce Target Price Mehdi Slimani 28/08/2020 13:34 GBP 664.40 GBP 600.00 Reduce Target Price & Rating Gregoire Cayeux 01/05/2020 10:56 GBP 621.20 GBP 500.00 Sell Rating Gregoire Cayeux 20/04/2020 19:03 GBP 558.20 GBP 500.00 Reduce - Mehdi Slimani Wuliangye Yibin (A-Share) (CNE000000VQ8) 25/05/2021 12:12 CNY 305.01 CNY 330.00 Hold Target Price Tony Lau 14/04/2021 10:33 CNY 273.08 CNY 280.00 Hold Target Price Tony Lau 02/09/2020 12:52 CNY 236.24 CNY 235.00 Hold Target Price & Rating Tony Lau 29/04/2020 12:32 CNY 139.00 CNY 120.00 Reduce - Tony Lau Wuxi Biologics (KYG970081173) 06/07/2021 11:39 HKD 138.00 HKD 147.00 Buy Target Price & Rating Tony Lau 18/06/2021 12:39 HKD 120.80 HKD 140.00 Hold Target Price & Rating Tony Lau 25/05/2021 11:38 HKD 109.80 HKD 135.00 Buy Target Price Tony Lau 24/03/2021 08:28 HKD 87.40 HKD 108.00 Buy Target Price & Rating Tony Lau 26/01/2021 10:32 HKD 120.90 HKD 105.00 Hold - Tony Lau Wynn Macau (KYG981491007) 25/08/2021 08:35 HKD 8.56 HKD 8.70 Hold Target Price Maggie Yeo 30/06/2021 10:03 HKD 12.00 HKD 13.00 Hold Target Price Maggie Yeo 07/05/2021 08:39 HKD 13.78 HKD 15.00 Hold Target Price Maggie Yeo 11/01/2021 10:52 HKD 12.80 HKD 14.00 Hold Target Price & Rating Alexis TAY

Date of publication: 23 September 2021 Page 393 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Wynn Macau (KYG981491007) 15/06/2020 02:47 HKD 13.96 Conflict of Interest Target Price & Rating Alexis TAY 05/05/2020 06:18 HKD 13.60 HKD 16.00 Buy Target Price Alexis TAY 23/03/2020 04:01 HKD 12.16 HKD 17.00 Buy - Alexis TAY Wynn Resorts, Limited (US9831341071) 15/09/2021 13:03 USD 92.25 USD 80.00 Reduce Target Price & Rating Riadh Hendaoui 06/08/2021 10:34 USD 98.68 USD 110.00 Buy Target Price Gregoire Cayeux 27/07/2021 15:44 USD 104.32 USD 118.00 Buy Target Price Riadh Hendaoui 13/05/2021 11:33 USD 120.91 USD 142.00 Buy Target Price & Rating Gregoire Cayeux 08/02/2021 18:20 USD 117.41 Conflict of Interest Target Price & Rating Gregoire Cayeux 07/02/2021 20:45 USD 116.99 USD 135.00 Buy Target Price Riadh Hendaoui 11/11/2020 18:49 USD 96.66 USD 115.00 Buy Target Price Riadh Hendaoui 23/10/2020 21:31 USD 76.42 USD 90.00 Buy Target Price & Rating Gregoire Cayeux 01/10/2020 10:46 USD 71.81 USD 78.00 Hold - Timothy FUNG X-Fab Silicon Foundries Se (BE0974310428) 03/05/2021 13:12 EUR 8.08 EUR 10.00 Buy Target Price Gregoire Cayeux 15/02/2021 09:03 EUR 7.20 EUR 8.50 Buy Target Price Gregoire Cayeux 28/08/2020 21:54 EUR 3.36 EUR 4.50 Buy Target Price & Rating Gregoire Cayeux 04/05/2020 19:19 EUR 3.18 EUR 3.50 Hold Target Price Rudy De Groodt 24/04/2020 15:59 EUR 3.19 EUR 4.00 Hold Rating Rudy De Groodt 08/04/2020 11:43 EUR 2.20 EUR 4.00 Buy - Rudy De Groodt Xiabuxiabu Catering Management (China) (KYG982971072) 27/08/2021 10:07 HKD 6.21 No Opinion Target Price & Rating Tony Lau 10/03/2021 07:46 HKD 16.88 HKD 20.00 Buy Target Price Tony Lau

Date of publication: 23 September 2021 Page 394 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Xiabuxiabu Catering Management (China) (KYG982971072) 07/10/2020 09:25 HKD 9.82 HKD 11.00 Buy Target Price Tony Lau 18/09/2020 08:28 HKD 9.75 HKD 12.00 Buy Target Price Tony Lau 10/07/2020 04:57 HKD 8.40 HKD 10.50 Buy Target Price Tony Lau 01/04/2020 09:25 HKD 5.93 HKD 9.30 Buy Target Price Tony Lau 23/03/2020 05:00 HKD 5.65 HKD 9.40 Buy - Alexis TAY Xiaomi (KYG9830T1067) 27/05/2021 03:52 HKD 27.75 HKD 34.20 Buy Target Price & Rating Tony Lau 17/03/2021 04:53 HKD 24.35 HKD 27.00 Hold Target Price Tony Lau 16/03/2021 08:42 HKD 24.35 HKD 29.00 Hold Target Price Tony Lau 14/12/2020 09:06 HKD 27.55 HKD 32.00 Hold Target Price Tony Lau 06/10/2020 10:58 HKD 20.80 HKD 24.00 Hold Target Price Tony Lau 03/09/2020 08:15 HKD 25.70 HKD 25.00 Hold Target Price Tony Lau 24/08/2020 09:17 HKD 18.16 HKD 20.00 Hold Target Price Tony Lau 03/08/2020 11:46 HKD 14.82 HKD 16.00 Hold Target Price & Rating Tony Lau 10/06/2020 10:37 HKD 12.98 HKD 14.60 Buy Target Price Tony Lau 19/05/2020 12:22 HKD 12.04 HKD 14.50 Buy Target Price Tony Lau 27/04/2020 09:23 HKD 10.00 HKD 12.50 Buy Target Price Tony Lau 02/04/2020 08:39 HKD 10.20 HKD 13.50 Buy Target Price Tony Lau 31/03/2020 10:14 HKD 10.06 HKD 12.90 Buy - Tony Lau Xilinx, Inc. (US9839191015) 01/02/2021 08:26 USD 133.57 USD 155.00 Buy Target Price & Rating Alexis TAY 22/01/2021 09:46 USD 149.71 USD 146.00 Hold Rating Alexis TAY 29/10/2020 04:51 USD 124.35 USD 146.00 Buy Target Price Alexis TAY 21/10/2020 12:47 USD 114.73 USD 125.00 Buy Target Price & Rating Alexis TAY

Date of publication: 23 September 2021 Page 395 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Xilinx, Inc. (US9839191015) 01/10/2020 12:36 USD 103.80 USD 90.00 Reduce - Alexis TAY Xinjiang Goldwind (CNE100000PP1) 24/08/2021 08:56 HKD 13.16 HKD 12.80 Hold Target Price & Rating Maggie Yeo 24/05/2021 09:28 HKD 12.64 HKD 15.00 Buy Target Price & Rating Maggie Yeo 19/05/2021 08:22 HKD 12.06 HKD 11.00 Hold Target Price & Rating Maggie Yeo 08/03/2021 09:36 HKD 14.42 HKD 17.00 Buy Target Price Maggie Yeo 14/12/2020 09:53 HKD 11.96 HKD 15.00 Buy Target Price & Rating Tony Lau 16/10/2020 10:07 HKD 10.24 HKD 7.10 Sell Target Price & Rating Tony Lau 07/10/2020 09:21 HKD 7.37 HKD 7.00 Hold Target Price Tony Lau 07/09/2020 11:47 HKD 6.29 HKD 6.50 Hold Target Price & Rating Tony Lau 03/04/2020 09:49 HKD 6.70 HKD 7.55 Buy - Tony Lau Xinyi Glass Holdings (KYG9828G1082) 12/08/2021 05:37 HKD 30.55 HKD 43.00 Buy Target Price & Rating Maggie Yeo 04/08/2021 11:01 HKD 30.50 HKD 33.00 Hold Target Price & Rating Maggie Yeo 15/03/2021 08:51 HKD 24.95 HKD 31.00 Buy Target Price & Rating Maggie Yeo 02/03/2021 10:37 HKD 23.70 HKD 24.00 Hold Target Price & Rating Maggie Yeo 21/12/2020 09:16 HKD 19.60 HKD 23.00 Buy Target Price Maggie Yeo 12/08/2020 08:03 HKD 12.20 HKD 14.00 Buy Target Price & Rating Maggie Yeo 04/08/2020 08:23 HKD 11.72 HKD 12.50 Hold Target Price & Rating Maggie Yeo 20/05/2020 12:08 HKD 8.91 HKD 11.00 Buy Target Price Alexis TAY 03/04/2020 06:44 HKD 8.18 HKD 12.00 Buy - Alexis TAY Xior (BE0974288202) 09/08/2021 11:10 EUR 56.90 EUR 57.00 Hold Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 396 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Xior (BE0974288202) 16/06/2021 13:38 EUR 50.00 EUR 54.00 Hold Rating Gregoire Cayeux 22/03/2021 12:20 EUR 46.90 EUR 54.00 Buy Target Price & Rating Gregoire Cayeux 24/02/2021 11:54 EUR 48.50 Conflict of Interest Target Price & Rating Gregoire Cayeux 17/12/2020 11:54 EUR 49.10 EUR 59.00 Buy Target Price & Rating Gregoire Cayeux 20/11/2020 11:57 EUR 52.30 EUR 57.00 Hold Target Price Gregoire Cayeux 26/10/2020 11:12 EUR 48.20 EUR 54.00 Hold Target Price Gregoire Cayeux 07/07/2020 16:38 EUR 50.40 EUR 56.00 Hold Rating Patrick Casselman 30/04/2020 13:30 EUR 40.95 EUR 56.00 Buy - Patrick Casselman Xl Axiata (ID1000102502) 14/04/2020 08:27 IDR 2170.00 IDR 3500.00 Buy - Maggie Yeo Xpeng Inc (US98422D1054) 01/04/2021 06:46 USD 31.41 USD 50.00 Buy - Tony Lau Xpo Logistics, Inc. (US9837931008) 11/08/2021 09:01 USD 86.70 USD 92.00 Hold Target Price Gregoire Cayeux 30/07/2021 16:01 USD 141.03 USD 148.00 Hold Target Price & Rating Bruno Villeroil 28/06/2021 18:07 USD 140.61 Conflict of Interest Target Price & Rating Gregoire Cayeux 05/05/2021 13:55 USD 141.52 USD 148.00 Hold Target Price Gregoire Cayeux 17/02/2021 12:24 USD 122.70 USD 129.00 Hold Target Price Bruno Villeroil 07/11/2020 15:09 USD 96.40 USD 101.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 13:02 USD 84.19 USD 73.00 Reduce - Maggie Yeo Xylem Inc. (US98419M1009) 05/08/2021 09:52 USD 126.66 USD 142.00 Buy Target Price Gregoire Cayeux 05/05/2021 15:03 USD 115.95 USD 128.00 Buy Target Price Gregoire Cayeux

Date of publication: 23 September 2021 Page 397 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Xylem Inc. (US98419M1009) 05/02/2021 19:20 USD 97.17 USD 112.00 Buy Target Price Bruno Villeroil 21/12/2020 16:41 USD 100.05 USD 110.00 Buy Target Price & Rating Bruno Villeroil 31/10/2020 17:10 USD 87.14 USD 90.00 Hold Target Price & Rating Gregoire Cayeux 01/10/2020 12:53 USD 84.12 USD 78.00 Reduce - Maggie Yeo Yanghe (A-Share) (CNE100000HB8) 21/05/2021 10:07 CNY 181.00 CNY 220.00 Buy Target Price Tony Lau 07/09/2020 11:07 CNY 141.09 CNY 183.00 Buy - Tony Lau Yaskawa Electric (JP3932000007) 23/07/2021 10:37 JPY 5260.00 JPY 7000.00 Buy - Maggie Yeo Yihai International (KYG984191075) 21/05/2021 11:18 HKD 65.30 HKD 55.00 Sell - Tony Lau Yili (A-Share) (CNE000000JP5) 21/05/2021 09:40 CNY 38.80 CNY 53.00 Buy Target Price Tony Lau 22/09/2020 03:09 CNY 39.35 CNY 45.00 Buy Target Price Tony Lau 07/09/2020 11:37 CNY 40.98 CNY 56.00 Buy Target Price & Rating Tony Lau 15/05/2020 11:49 CNY 29.00 CNY 29.00 Hold - Tony Lau Yokogawa Electric (JP3955000009) 02/04/2020 09:55 JPY 1241.00 JPY 2200.00 Buy - Maggie Yeo Yonghui Superstores (A-Share) (CNE100000XX9) 21/05/2021 11:31 CNY 5.52 CNY 7.30 Buy Target Price & Rating Tony Lau 07/09/2020 11:20 CNY 8.94 CNY 7.90 Reduce - Tony Lau

Date of publication: 23 September 2021 Page 398 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Yonyou (A-Share) (CNE0000017Y6) 13/07/2021 09:55 CNY 30.81 CNY 40.00 Buy Target Price Tony Lau 06/10/2020 09:54 CNY 38.21 CNY 50.00 Buy Target Price Tony Lau 10/07/2020 11:57 CNY 52.65 CNY 58.00 Buy - Tony Lau Yue Yuen (BMG988031446) 30/04/2021 08:58 HKD 20.00 No Opinion Target Price & Rating Tony Lau 21/05/2020 11:24 HKD 12.80 HKD 13.40 Hold Target Price & Rating Tony Lau 12/05/2020 05:10 HKD 13.04 HKD 11.60 Reduce Rating Tony Lau 01/04/2020 10:39 HKD 11.88 HKD 11.60 Hold - Tony Lau Yum China Holdings (US98850P1093) 30/04/2021 08:28 USD 59.91 USD 56.60 Hold Target Price Alexis TAY 13/08/2020 10:44 USD 50.75 USD 47.00 Hold Target Price Alexis TAY 06/04/2020 09:08 USD 45.05 USD 41.80 Hold Target Price Alexis TAY 23/03/2020 05:09 USD 40.70 USD 39.60 Hold - Alexis TAY Yum! Brands, Inc. (US9884981013) 30/07/2021 19:22 USD 130.31 USD 140.00 Hold Target Price & Rating Gregoire Cayeux 29/04/2021 17:21 USD 117.57 USD 130.00 Buy Target Price & Rating Gregoire Cayeux 05/02/2021 08:15 USD 102.99 USD 110.00 Hold Target Price Gregoire Cayeux 31/10/2020 08:30 USD 93.33 USD 98.00 Hold Rating Riadh Hendaoui 01/10/2020 10:20 USD 90.59 USD 98.00 Buy Target Price Timothy FUNG 17/08/2020 10:20 USD 92.65 USD 105.00 Buy Target Price Gregoire Cayeux 28/03/2020 08:38 USD 68.53 USD 102.00 Buy - Gregoire Cayeux Zalando (DE000ZAL1111) 05/08/2021 10:42 EUR 97.38 EUR 88.00 Reduce Rating Torben BUMANN

Date of publication: 23 September 2021 Page 399 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Zalando (DE000ZAL1111) 06/05/2021 11:07 EUR 85.32 EUR 88.00 Hold Rating Torben BUMANN 17/03/2021 17:48 EUR 90.68 EUR 88.00 Reduce Rating Torben BUMANN 16/03/2021 14:35 EUR 86.34 EUR 88.00 Hold Rating Torben BUMANN 19/01/2021 12:26 EUR 94.98 EUR 88.00 Reduce Rating Torben BUMANN 07/12/2020 17:13 EUR 78.78 EUR 88.00 Buy Rating Torben BUMANN 05/11/2020 11:22 EUR 88.22 EUR 88.00 Reduce Target Price & Rating Torben BUMANN 09/10/2020 11:41 EUR 83.00 EUR 85.00 Hold Target Price & Rating Gregoire Cayeux 12/08/2020 14:56 EUR 66.90 EUR 48.00 Sell Target Price & Rating Torben BUMANN 31/07/2020 11:43 EUR 61.24 Conflict of Interest Target Price & Rating Gregoire Cayeux 17/07/2020 11:30 EUR 66.06 EUR 48.00 Sell Rating Torben BUMANN 07/05/2020 12:08 EUR 48.00 EUR 48.00 Hold Rating Torben BUMANN 26/03/2020 17:06 EUR 35.90 EUR 48.00 Buy - Torben BUMANN Zardoya Otis (ES0184933812) 04/08/2021 12:34 EUR 5.78 EUR 6.00 Hold Target Price Gregoire Cayeux 31/01/2021 21:12 EUR 5.50 EUR 5.60 Hold Target Price & Rating Bruno Villeroil 20/01/2021 19:20 EUR 5.67 EUR 5.50 Reduce Rating Bruno Villeroil 19/10/2020 17:12 EUR 5.21 EUR 5.50 Hold Target Price & Rating Bruno Villeroil 16/04/2020 17:53 EUR 5.95 EUR 5.30 Reduce - Gregoire Cayeux Zhaojin Mining Industry Company Ltd (CNE1000004R6) 13/08/2021 09:06 HKD 6.88 HKD 7.50 Hold Target Price & Rating Maggie Yeo 28/05/2021 10:55 HKD 8.15 HKD 9.50 Buy Target Price Maggie Yeo 14/08/2020 09:28 HKD 8.70 HKD 10.50 Buy Rating Maggie Yeo 28/07/2020 10:06 HKD 10.96 HKD 10.50 Hold - Maggie Yeo

Date of publication: 23 September 2021 Page 400 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Zhuzhou Crrc Times Electric (CNE1000004X4) 17/07/2020 11:07 HKD 28.00 HKD 38.00 Buy - Tony Lau Zijin Mining (CNE100000502) 24/05/2021 09:21 HKD 11.76 HKD 14.50 Buy Target Price Maggie Yeo 26/01/2021 09:07 HKD 10.04 HKD 11.30 Buy Target Price Maggie Yeo 14/08/2020 09:27 HKD 4.58 HKD 5.30 Buy Rating Maggie Yeo 28/07/2020 10:10 HKD 5.00 HKD 5.30 Hold Target Price & Rating Maggie Yeo 08/06/2020 11:46 HKD 3.14 HKD 3.80 Buy - Tony Lau Zimmer Biomet Holdings, Inc. (US98956P1021) 05/08/2021 09:44 USD 148.23 USD 158.00 Buy Rating Mehdi Slimani 04/08/2021 14:24 USD 153.71 USD 158.00 Hold Target Price Mehdi Slimani 05/05/2021 13:38 USD 172.93 USD 161.00 Hold Target Price & Rating Gregoire Cayeux 06/02/2021 10:15 USD 159.89 USD 125.00 Sell Target Price Gregoire Cayeux 09/11/2020 08:57 USD 138.52 USD 117.00 Sell Rating Mehdi Slimani 01/10/2020 10:44 USD 136.14 USD 117.00 Reduce Target Price & Rating Godfrey OYENIRAN 09/04/2020 12:49 USD 111.28 USD 164.00 Buy - Gregoire Cayeux Zoetis Inc. (US98978V1035) 06/08/2021 11:51 USD 203.84 USD 218.00 Buy Target Price Mehdi Slimani 08/07/2021 11:49 USD 197.40 USD 211.00 Buy Target Price & Rating Gregoire Cayeux 15/06/2021 12:07 USD 184.58 USD 190.00 Hold Target Price & Rating Gregoire Cayeux 07/11/2020 08:48 USD 169.25 USD 192.00 Buy Target Price Gregoire Cayeux 01/10/2020 12:52 USD 161.51 USD 172.00 Buy - Godfrey OYENIRAN Zoom Video Communications, Inc. (US98980L1017) 01/09/2021 11:09 USD 289.50 USD 350.00 Buy Target Price Alexis TAY

Date of publication: 23 September 2021 Page 401 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Zoom Video Communications, Inc. (US98980L1017) 11/12/2020 03:19 USD 385.36 USD 460.00 Buy Rating Alexis TAY 01/10/2020 12:43 USD 492.60 USD 460.00 Hold - Alexis TAY Zscaler Inc (US98980G1022) 11/09/2020 13:24 USD 132.61 USD 111.00 Sell Target Price Riadh Hendaoui 03/06/2020 00:11 USD 109.98 USD 72.00 Sell - Riadh Hendaoui Zte (CNE1000004Y2) 02/08/2021 09:02 HKD 26.85 HKD 32.00 Hold Target Price & Rating Tony Lau 21/05/2021 11:47 HKD 19.74 HKD 26.80 Buy Target Price Tony Lau 30/10/2020 09:52 HKD 17.80 HKD 20.52 Buy Target Price Tony Lau 01/09/2020 10:37 HKD 22.55 HKD 26.00 Buy Target Price & Rating Tony Lau 19/06/2020 09:29 HKD 27.75 HKD 30.00 Hold Target Price & Rating Tony Lau 14/05/2020 09:56 HKD 23.50 HKD 26.50 Buy Target Price Tony Lau 31/03/2020 09:28 HKD 23.25 HKD 30.45 Buy - Tony Lau Zto Express (US98980A1051) 11/12/2020 03:34 USD 30.12 USD 34.70 Buy Target Price Alexis TAY 09/10/2020 08:59 USD 28.92 USD 37.40 Buy Target Price Alexis TAY 13/08/2020 10:55 USD 36.99 USD 41.60 Buy Target Price Alexis TAY 26/03/2020 04:41 USD 24.52 USD 32.80 Buy - Alexis TAY Zurich Insurance Group (CH0011075394) 13/08/2021 12:15 CHF 404.90 CHF 475.00 Buy Target Price Gregoire Cayeux 15/05/2021 20:35 CHF 381.90 CHF 440.00 Buy Target Price Riadh Hendaoui 19/04/2021 13:11 CHF 381.60 CHF 435.00 Buy Target Price & Rating Riadh Hendaoui 12/02/2021 17:36 CHF 375.30 CHF 410.00 Hold Target Price Riadh Hendaoui

Date of publication: 23 September 2021 Page 402 / 403 Historical recommendation and target price

Date & time of dissemination (CET) Closing price Target price Rating Changes Name of the analyst

Zurich Insurance Group (CH0011075394) 11/02/2021 16:44 CHF 379.60 CHF 395.00 Hold Rating Riadh Hendaoui 15/12/2020 15:20 CHF 357.00 CHF 395.00 Buy Target Price & Rating Riadh Hendaoui 20/04/2020 20:18 CHF 303.20 CHF 370.00 Hold - Gregoire Cayeux

Date of publication: 23 September 2021 Page 403 / 403