Companies Handelsbanken Fonder exclude due to our policies on coal

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1 Companies Handelsbanken Fonder exclude due to our policies on coal JUNE 2017 In accordance to our coalpolicy for actively managed funds we will not invest in these companies Company Aboitiz Equity Ventures, Inc. Aboitiz Power Corp. Adani Enterprises Ltd. Adani Power Ltd. AES Gener SA African Rainbow Minerals Ltd. AGL Energy Ltd. Albioma ALLETE, Inc. Alliant Energy Corp. Aluminum Corp. of Ltd. Ameren Corp. American Electric Power Co., Inc. Anglo American Plc ArcelorMittal SA Arch Coal, Inc. Banpu Public Co. Ltd. Baralaba Coal Co. Ltd. Bathurst Resources Ltd. Beijing Haohua Energy Resource Co., Ltd. BHP Billiton Ltd. Black Hills Corp. Capital Power Corp. CESC Ltd. CEZ as Coal Energy Co., Ltd. Power International Development Ltd. Resources Power Holdings Co. Ltd. Shenhua Energy Co. Ltd. Chubu Electric Power Co., Inc. CITIC Resources Holdings Ltd. Cloud Peak Energy, Inc. CLP Holdings Ltd. CMS Energy Corp. Coal Ltd. Colbún SA Country France Luxembourg New Zealand Czech Republic 1 (5)

2 CONSOL Energy, Inc. Datang International Power Generation Co., Ltd. DMCI Holdings, Inc. Dominion Resources, Inc. Drax Group Plc DTE Energy Co. Duke Energy Corp. Dynegy, Inc. Electric Power Development Co., Ltd. Electricity Generating Public Co., Ltd. Emera, Inc. Endesa SA ENEA SA Energie Baden Württemberg AG Eneva SA ENGIE Brasil Energia SA Engie Energia SA ENGIE SA EVRAZ Plc Exxaro Resources Ltd. FirstEnergy Corp. Formosa Chemicals & Fibre Corp. Fortis, Inc. () GD Power Development Co. Ltd. Glencore Plc Glow Energy Public Co., Ltd. GMR Infrastructure Ltd. Great Plains Energy, Inc. Grupo Argos SA Guangdong Electric Power Development Co., Ltd. Guizhou Panjiang Refined Coal Co., Ltd. Gujarat Mineral Development Corp. Ltd. Hallador Energy Co. Hidili Industry International Development Ltd. HK Electric Investments & HK Electric Investments Ltd. Hokkaido Electric Power Co., Inc. Hokuriku Electric Power Co. & Gas Co. Ltd. Spain Germany France Taiwan Province of Switzerland Colombia 2 (5)

3 Hosken Consolidated Investments Limited Huadian Fuxin Energy Corp. Ltd. Huadian Power International Corp. Ltd. Huaneng Power International, Inc. IDACORP, Inc. Idemitsu Kosan Co., Ltd. Inner Mongolia Junzheng Energy & Chemical Group Co., Ltd. Inner Mongolia Yitai Coal Co., Ltd. Jaiprakash Power Ventures Ltd. Jastrzebska Spólka Weglowa SA Jindal Steel & Power Ltd. JSW Energy Ltd. JXTG Holdings, Inc. Kuzbasskaya Toplivnaya Kompaniya PJSC Kyushu Electric Power Co., Inc. LANCO Infratech Ltd. Lubelski Wegiel BOGDANKA SA Mechel PAO MGE Energy, Inc. Mitsui & Co., Ltd. Mongolian Mining Corp. Monnet Ispat & Energy Ltd. NACCO Industries, Inc. New Hope Corp. Ltd. New World Resources Plc NiSource, Inc. NLC Ltd. NRG Energy, Inc. NTPC Ltd. OGE Energy Corp. Peabody Energy Corp. /Old/ Petmin Ltd. PGE Polska Grupa Energetyczna SA Pinnacle West Capital Corp. PNM Resources, Inc. PPL Corp. PT Adaro Energy Tbk PT AKR Corporindo Tbk Netherlands 3 (5)

4 PT Aneka Tambang Persero Tbk PT Astra International Tbk PT Borneo Lumbung Energi & Metal Tbk PT Bumi Resources Tbk PT Indo Tambangraya Megah Tbk PT Medco Energi Internasional Tbk PT Tambang Batubara Bukit Asam (Persero) Tbk PT United Tractors Tbk PTT Public Co., Ltd. Public Power Corp. SA Raspadskaya PJSC Reliance Infrastructure Ltd. Reliance Power Ltd. Rio Tinto Ltd. RWE AG Sasol Ltd. SCANA Corp. SDIC Power Holdings Co., Ltd. Semirara Mining & Power Corp. Sentula Mining Ltd. Severstal PAO Shaanxi Coal Industry Co., Ltd. Shanghai Electric Power Co., Ltd. Shanxi Coal International Energy Group Co., Ltd. Shanxi Lanhua Sci-Tech Venture Co., Ltd. Shanxi Lu'An Environmental Energy Development Co., Ltd. Shikoku Electric Power Co., Inc. Shougang Fushan Resources Group Ltd. South32 Ltd. Southern Company SouthGobi Resources Ltd. SSE Plc Talen Energy Corp. TAQA Morocco SA Tata Power Co., Ltd. TAURON Polska Energia SA Teck Resources Ltd. Tenaga Nasional Bhd. Greece Germany Morocco Malaysia 4 (5)

5 The AES Corp. The Chugoku Electric Power Co., Inc. The Okinawa Electric Power Co., Inc. Tohoku Electric Power Co., Inc. Top Energy Co. Ltd. Shanxi Torrent Power Ltd. TransAlta Corp. Unipro PJSC United Co. RUSAL Plc Vale SA Walter Energy, Inc. WEC Energy Group, Inc. Vectren Corp. Wesfarmers Ltd. Westar Energy, Inc. Westmoreland Coal Co. White Energy Co. Ltd. Whitehaven Coal Ltd. Wintime Energy Co., Ltd. Xcel Energy, Inc. Yancoal Ltd. Yang Quan Coal Industry (Group) Co. Ltd. Yanzhou Coal Mining Co. Ltd. Zespól Elektrowni Patnów Adamów Konin SA Zhejiang Zheneng Electric Power Co., Ltd. 5 (5)

Involved in Coal & Consumable Fuels. Involved in Coal & Consumable Fuels. Involved in Coal & Consumable Fuels. Involved in Coal & Consumable Fuels

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