Storebrand Exclusion List Q2 2021 • Japan Tobacco • China Shenhua Energy Exclusion category: • KT&G Corp • Chubu Electric Power Company Conduct-based exclusion - Environment 18 • Lawson Inc. • Nolato AB • Chugoku Electric Power Conduct-based exclusion - Corruption 10 • Phillip Morris International • CLP Holdings Conduct-based exclusion - Human Rights and International 37 • President Chain Store Corp • CMS Energy Corp Law • Reinet Investments SCA • Coal India Ltd Tobacco 24 • RLX Technology Inc • Dominion Energy Inc • Seven and I Holdings • DTE Energy Corp Controversial weapons 25 • Smoore International Holdings • Duke Energy Climate - Coal 124 Ltd • Electricity Generating PCL Climate - Lobbying 6 • Swedish Match • Emera Inc • Enea S.A. Climate - Oilsand 9 Controversial weapons • Enel Chile SA Unsustainable Palmoil 11 • Airbus SE • Enel Generacion Chile S.A. Cannabis 1 • BAE Systems plc • Energa SA • Boeing Co. • Eneva S.A. Total number of companies 246* • Booz Allen Hamilton Holding • Engie Energia Chile S.A. No. of companies on observation list 1 Corp • Entergy Corporation • Brookfield Asset Management • Evergy Inc. *Companies may be excluded on the basis of several criteria. Inc. • Evraz Plc • China Shipbuilding Industry • Exxaro Resources Conduct-based exclusion - • Centrais Elétricas Brasileiras SA • Elbit Systems Ltd • FirstEnergy Corp Environment • Dongfeng Motor Group Co Ltd • Fortive Corp • Formosa Chemicals & Fibre • Anglogold Ashanti • Elbit Systems Ltd • General Dynamics Corp Corporation • Barrick Gold Corp • Enbridge Energy • Hanwha Corp • Formosa Petrochemical Co • Centrais Elétricas Brasileiras SA • Enel SpA • Honeywell International • Fortis Inc • Enbridge Energy • Energy Transfer Partners • Huntington Ingalls Industries Inc • Global Power Synergy Public • Energy Transfer Partners • General Electric Co PLC • Jacobs Engineering Group Company Limited • Glencore PLC • General Motors Co • L3Harris Technologies, Inc. • Guangdong Electric Power • Grupo Mexico • Glencore PLC • Larsen & Toubro Ltd Development Co., Ltd. • Marathon Petroleum Corp • Grupo Mexico • Leidos Holdings Inc. • Guangdong Investment • Metallurgical Corporation of • Heidelberger Zement • Lockheed Martin • Guanghui Energy Co Ltd China • Israel Discount Bank • Northrop Grumman Corporation • Hidili Industry International • MMC Norilsk Nickel • Johnson & Johnson • Raytheon Technologies Corp Development Limited • Phillips 66 • Marathon Petroleum Corp • Rolls-Royce Holdings PLC • HK Electric Investments & HK • SK Holdings Co Ltd • Mizrahi Tefahot Bank Ltd • Safran SA Electric Investments Ltd • Southern Copper Corp • Motorola Solutions • Spirit AeroSystems Holdings Inc • Hokkaido Electric Power • Tokyo Electric Power • Oil & Natural Gas Corp • Textron Inc Company, Incorporated • Vale SA • Petrochina Co • Thales • Hokuriku Electric Power • Vedanta Ltd • Phillips 66 • Wartsila Oyj Abp Company • Volkswagen AG • Posco • Huadian Power International • Severstal Corp Ltd • Zijin Mining Group Co Climate - Coal • Siemens Energy AG • Huaneng Power International • Aboitiz Equity Ventures Inc • Siemens Gamesa Renewable • Idemitsu Kosan Conduct-based exclusion - • Aboitiz Power Corp Energy SA • Inner Mongolia Junzheng Energy Corruption • Adani Enterprises Limited • Southern Copper Corp & Chemical Industry Group Co • China Railway Group • Adani Ports & Special Economic • TC Energy Ltd • Gerdau SA - Spon Zone Ltd • Turkcell Iletisim Hizmet • Jastrzebska Spolka Weglowa SA • JBS SA • Adani Power Ltd • Universal Health Services Inc • Jindal Steel & Power Limited • Korea Electric Power • Adani Transmission Limited • Vedanta Ltd • Kansai Electric Power Company • Lotte Chemical Corp • Adaro Energy Tbk • Walmart Inc Inc. • Novartis AG • AES Corp • ZTE Corp • Korea Electric Power • Olympus Corp • African Rainbow Minerals Ltd • Kyushu Electric Power • Teva Pharmaceutical Industries Ltd • AGL Energy Limited • Luenmei Quantum Co Ltd • Wirecard AG Tobacco • Alliant Energy Corp • Manila Electric Company • ZTE Corp • Alimentation Couche-Tard, Inc. • Ameren Corp • Mechel PAO • Altria Group • American Electric Power Inc • Metro Pacific Investments Corp • British American Tobacco Plc • Anglo American Plc Conduct-based exclusion - • Mitsui & Co., Ltd. • Celanese Corp • Astra International Human Rights and International • Nisource Inc. • China International Travel Service • BHP Group Ltd • NRG Energy Law Corp Ltd • BHP Group Plc • NTPC Ltd • AES Corp • CP ALL PCL • Black Hills Corp • OGE Energy Corp • Alstom • Dino Polska SA • CenterPoint Energy Inc • Origin Energy • AviChina Industry & Technology • Eastern Tobacco • CEZ AS • Peabody Energy Corporation Co. Ltd. • Eastman Chemical Company • China Longyuan Power Group • PGE SA • Bank Hapoalim • GS Retail Co Ltd Corporation Limited • Pinnacle West Capital • Bank Leumi Le-Israel • Gudang Garam Tbk • China Power International • Polskie Gornictwo Naftowe I • Bayer AG • Imperial Brands PLC Development Ltd • Cemex Cpo • Power Assets Holdings Ltd • ITC Ltd • China Resources Power Holdings 45359A 04/2021 • PPL Corp • Shanxi Xishan Coal and Electricity • Whitehaven Coal Limited • Suncor Energy • PT Indo Tambangraya Megah Tbk Power Co. Ltd. • Wisconsin Energy Corp • Teck Resources Ltd • Public Joint Stock Company Inter • Shenergy Company • Xcel Energy RAO UES • Shenzen Energy Group • Yanzhou Coal Mining Co Unsustainable Palmoil • Public Joint Stock Company • Shikoku Electric Power • YTL Corporation Berhad • Astra International Raspadskaya • Shougang Fushan Resources • Zhejiang Zheneng Electric Power • Cargill Inc • Public Joint-Stock Company Group Limited Co., Ltd. • Genting BHD Federal Hydro-Generating • South32 Ltd • Genting Plantations Company - RusHydro • Southern Company Climate - Lobbying • HAP Seng Consolidated Bhd • Public Joint-Stock Company • SunCoke Energy, Inc. • BASF SE • Indofood Sukses Unipro • Taiwan Cement Corp • Chevron Corp • IOI Corporation • Public Power Corporation S.A. • TAURON Polska Energia S.A. • Exxon Mobil Corp. • Kuala Lumpur Kepong • Ratch Group PCL • TBEA Co., Ltd. • Rio Tinto Ltd • Posco • Reliance Power Limited • Teck Resources Ltd • Rio Tinto PLC • Sime Darby • RWE AG • Tenaga Nasional • Southern Company • Sime Darby Plantation Bhd • San Miguel Corporation • Tohoku Electric Power Co • Sasol Ltd • Tokyo Electric Power Cannabis • SDIC Power Holdings Co Ltd • Uniper SE Climate - Oilsand • Canopy Growth Corp • Shaanxi Coal Industry Co Ltd • United Tractors • Athabasca Oil Corp • Shanghai Electric Power • Vattenfall AB • Canadian Natural Resources Company Limited • Vedanta Ltd • Cenovus Energy Inc Observation list • Shanxi Lu’an Environmental • Vistra Energy Corp • ConocoPhillips • Swedbank AB Energy Development Co Ltd • Washington H Soul Pattinson & • Imperial Oil Ltd • Shanxi Meijin Energy Co Ltd Co Ltd • MEG Energy Corp Last year’s exclusions that are Rights, Unsustainable Palmoil) Weapons) Huaneng Thermal Power no longer part of our investment • Electric Power Development • Shanghai Industrial Holdings Corporation Limited (Climate universe and therefore are no (Climate - Coal) (Tobacco) - Coal) longer monitored by Storebrand. • Hangzhou Hikvision Digital • Cronos Group Inc (Cannabis) • DXC Technology Co (Human Technology Co Ltd (Conduct- • Daicel Corp (Tobacco) Rights) • Husky Energy (Climate - based: Human Rights / • FamilyMart (Tobacco) • Frist solar Inc (Human Rights) Oilsand) Observation list) • GD Power Development • Japan Petroleum Exploration • IJM Corporation (Climate - Coal) Co Ltd (Climate - Oilsand) (Unsustainable Palmoil) • Hanjaya Mandala Sampoerna • Sembcorp Industries (Climate • INNER MONGOLIA YITAI B Tbk PT (Tobacco) - Coal) (Climate - Coal) • Hubei Energy Group Co Ltd • Daewoo International Corp • Leonardo SpA (Conduct-based: (Climate - Coal) (Conduct-based: Human Corruption, Controversial • Inner Mongolia Mengdian .