OSEBX Constituents - 1H 2020 est. as of Name Symbol ISIN GICS FF No Shares * Price FF Mcap Weight % Equinor EQNR NO

(1)

OSEBX Constituents - 1H 2020

Name Symbol ISIN GICS FF No Shares * Price FF Mcap Weight %

Equinor EQNR NO0010096985 10102010 1 161 076 976 173.60 201 562 963 034 14.9 %

DNB DNB NO0010031479 40101010 947 549 031 164.50 155 871 815 600 11.6 %

Telenor TEL NO0010063308 50101020 711 528 385 165.45 117 722 371 298 8.7 %

Mowi MOWI NO0003054108 30202030 465 399 981 222.20 103 411 875 778 7.7 %

Orkla ORK NO0003733800 30202030 800 244 630 87.44 69 973 390 447 5.2 %

Yara International YAR NO0010208051 15101030 177 043 326 347.00 61 434 034 122 4.6 %

Norsk Hydro NHY NO0005052605 15104010 1 433 354 153 32.73 46 913 681 428 3.5 %

Gjensidige Forsikring GJF NO0010582521 40301030 199 992 588 169.70 33 938 742 184 2.5 %

Bakkafrost BAKKA FO0000000179 30202030 55 357 606 590.00 32 660 987 540 2.4 %

Storebrand STB NO0003053605 40301020 466 870 792 64.90 30 299 914 401 2.2 %

TGS-NOPEC Geophysical Company TGS NO0003078800 10101020 117 656 778 255.10 30 014 244 068 2.2 %

Aker BP AKERBP NO0010345853 10102020 108 034 052 261.30 28 229 297 788 2.1 %

Tomra Systems TOM NO0005668905 20201050 110 805 558 254.00 28 144 611 732 2.1 %

Schibsted ser. B SCHB NO0010736879 50201040 103 852 412 244.60 25 402 299 975 1.9 %

Adevinta ADE NO0010844038 50203010 239 731 975 100.20 24 021 143 895 1.8 %

Subsea 7 SUBC LU0075646355 10101020 239 023 835 99.06 23 677 701 095 1.8 %

SalMar SALM NO0010310956 30202030 56 369 498 395.60 22 299 773 409 1.7 %

Schibsted ser. A SCHA NO0003028904 50201040 79 453 761 258.50 20 538 797 219 1.5 %

Entra ENTRA NO0010716418 60102020 145 619 876 138.60 20 182 914 814 1.5 %

SpareBank 1 SR-Bank SRBANK NO0010631567 40101015 191 746 189 97.30 18 656 904 190 1.4 % Norwegian Finans Holding NOFI NO0010387004 40101010 186 694 778 92.00 17 175 919 576 1.3 % Lerøy Seafood Group LSG NO0003096208 30202030 297 737 960 55.30 16 464 909 188 1.2 %

Veidekke VEI NO0005806802 20103010 113 649 200 118.00 13 410 605 600 1.0 %

AF Gruppen AFG NO0003078107 20103010 71 802 322 176.00 12 637 208 672 0.9 %

Aker AKER NO0010234552 40201030 25 993 968 478.20 12 430 315 498 0.9 %

Kongsberg Gruppen KOG NO0003043309 20101010 89 986 643 137.30 12 355 166 084 0.9 %

Scatec Solar SSO NO0010715139 55105020 106 359 371 109.50 11 646 351 125 0.9 %

Atea ATEA NO0004822503 45102010 87 760 455 128.40 11 268 442 422 0.8 %

Nordic Semiconductor NOD NO0003055501 45301020 175 661 690 54.10 9 503 297 429 0.7 %

NEL NEL NO0010081235 20104020 1 221 513 513 7.76 9 485 052 428 0.7 %

est. as of 21.11.19

(2)

Frontline FRO BMG3682E1921 10102040 76 396 613 100.30 7 662 580 284 0.6 % Austevoll Seafood AUSS NO0010073489 30202030 90 820 833 83.15 7 551 752 264 0.6 %

Grieg Seafood GSF NO0010365521 30202030 55 216 788 135.50 7 481 874 774 0.6 %

EVRY EVRY NO0010019649 45102010 184 652 166 36.20 6 684 408 409 0.5 %

DNO DNO NO0003921009 10102020 603 008 496 10.92 6 584 852 776 0.5 %

BW LPG BWLPG BMG173841013 10102040 83 170 846 77.40 6 437 423 480 0.5 %

BW Offshore Limited BWO BMG1738J1247 10101020 92 477 403 64.85 5 997 159 585 0.4 %

Elkem ELK NO0010816093 15101050 261 589 654 21.40 5 598 018 596 0.4 %

Norwegian Air Shuttle NAS NO0010196140 20302010 136 306 977 39.88 5 435 922 243 0.4 %

PGS PGS NO0010199151 10101020 338 578 257 15.53 5 258 120 331 0.4 %

Europris EPR NO0010735343 25503020 161 468 888 31.60 5 102 416 861 0.4 %

Borr Drilling BDRILL BMG1466R2078 10101010 88 654 680 56.76 5 032 039 637 0.4 %

Fjordkraft Holding FKRAFT NO0010815673 55101010 88 821 783 46.85 4 161 300 534 0.3 % Olav Thon Eiendomsselskap OLT NO0005638858 60102020 25 905 792 151.40 3 922 136 909 0.3 % Golden Ocean Group GOGL BMG396372051 20303010 77 345 343 49.16 3 802 297 062 0.3 %

Bonheur BON NO0003110603 20105010 21 265 947 174.00 3 700 274 778 0.3 %

Hexagon Composites HEX NO0003067902 20106020 108 789 459 33.75 3 671 644 241 0.3 %

Aker Solutions AKSO NO0010716582 10101020 149 342 923 22.10 3 300 478 598 0.2 %

Data Respons DAT NO0003064107 45102010 75 510 468 41.00 3 095 929 188 0.2 %

B2Holding B2H NO0010633951 40202010 327 946 078 8.81 2 890 844 678 0.2 %

Stolt-Nielsen SNI BMG850801025 20303010 24 085 708 109.40 2 634 976 455 0.2 %

Wallenius Wilhelmsen WALWIL NO0010571680 20303010 105 576 234 21.04 2 221 323 963 0.2 % Wilh. Wilhelmsen Holding ser. A WWI NO0010571698 20303010 13 599 998 155.00 2 107 999 690 0.2 %

Axactor AXA NO0010840515 40202010 116 546 598 16.30 1 899 709 547 0.1 %

Kongsberg Automotive KOA NO0003033102 25101010 358 314 046 5.16 1 848 900 477 0.1 %

Kitron KIT NO0003079709 45203020 179 103 990 9.32 1 669 249 187 0.1 %

Fjord1 FJORD NO0010792625 20303010 44 951 922 34.50 1 550 841 309 0.1 %

XXL XXL NO0010716863 25504040 90 412 450 15.08 1 363 419 746 0.1 %

Nordic Nanovector NANO NO0010597883 35201010 59 529 026 22.24 1 323 925 538 0.1 %

Photocure PHO NO0010000045 35202010 21 779 763 60.30 1 313 319 709 0.1 %

PCI Biotech Holding PCIB NO0010405640 35201010 37 265 890 34.00 1 267 040 260 0.1 % American Shipping Company AMSC NO0010272065 20303010 33 339 077 34.50 1 150 198 157 0.1 % MPC Container Ships MPCC NO0010791353 20303010 54 536 236 19.50 1 063 456 602 0.1 %

(3)

Asetek ASETEK DK0060477263 45202030 23 516 539 30.50 717 254 440 0.1 %

BerGenBio BGBIO NO0010650013 35201010 42 753 613 14.80 632 753 472 0.0 %

IDEX Biometrics IDEX NO0003070609 45203015 597 988 732 0.74 444 903 617 0.0 %

Gaming Innovation Group GIG US36467X2062 25301010 80 360 213 5.20 417 873 108 0.0 % * corporate actions after 22 November not taken into account

(4)

OSEFX Constituents - 1H 2020

Name Symbol ISIN GICS

Equinor EQNR NO0010096985 10102010 9

DNB DNB NO0010031479 40101010 9

Telenor TEL NO0010063308 50101020 9

Mowi MOWI NO0003054108 30202030 8.92

Orkla ORK NO0003733800 30202030 4.5

Yara International YAR NO0010208051 15101030 4.5

Norsk Hydro NHY NO0005052605 15104010 4.0

Gjensidige Forsikring GJF NO0010582521 40301030 2.93

Bakkafrost BAKKA FO0000000179 30202030 2.82

Storebrand STB NO0003053605 40301020 2.61

TGS-NOPEC Geophysical Company TGS NO0003078800 10101020 2.59

Aker BP AKERBP NO0010345853 10102020 2.44

Tomra Systems TOM NO0005668905 20201050 2.43

Schibsted ser. B SCHB NO0010736879 50201040 2.19

Adevinta ADE NO0010844038 50203010 2.07

Subsea 7 SUBC LU0075646355 10101020 2.04

SalMar SALM NO0010310956 30202030 1.92

Schibsted ser. A SCHA NO0003028904 50201040 1.77

Entra ENTRA NO0010716418 60102020 1.74

SpareBank 1 SR-Bank SRBANK NO0010631567 40101015 1.61

Norwegian Finans Holding NOFI NO0010387004 40101010 1.48

Lerøy Seafood Group LSG NO0003096208 30202030 1.42

Veidekke VEI NO0005806802 20103010 1.16

AF Gruppen AFG NO0003078107 20103010 1.09

Aker AKER NO0010234552 40201030 1.07

Kongsberg Gruppen KOG NO0003043309 20101010 1.07

Scatec Solar SSO NO0010715139 55105020 1.00

Atea ATEA NO0004822503 45102010 0.97

Nordic Semiconductor NOD NO0003055501 45301020 0.82

NEL NEL NO0010081235 20104020 0.82

Est. Weight % 21.11.19

(5)

Frontline FRO BMG3682E1921 10102040 0.66

Austevoll Seafood AUSS NO0010073489 30202030 0.65

Grieg Seafood GSF NO0010365521 30202030 0.65

EVRY EVRY NO0010019649 45102010 0.58

DNO DNO NO0003921009 10102020 0.57

BW LPG BWLPG BMG173841013 10102040 0.56

BW Offshore Limited BWO BMG1738J1247 10101020 0.52

Elkem ELK NO0010816093 15101050 0.48

Norwegian Air Shuttle NAS NO0010196140 20302010 0.47

PGS PGS NO0010199151 10101020 0.45

Europris EPR NO0010735343 25503020 0.44

Borr Drilling BDRILL BMG1466R2078 10101010 0.43

Fjordkraft Holding FKRAFT NO0010815673 55101010 0.36

Olav Thon Eiendomsselskap OLT NO0005638858 60102020 0.34

Golden Ocean Group GOGL BMG396372051 20303010 0.33

Bonheur BON NO0003110603 20105010 0.32

Hexagon Composites HEX NO0003067902 20106020 0.32

Aker Solutions AKSO NO0010716582 10101020 0.28

Data Respons DAT NO0003064107 45102010 0.27

B2Holding B2H NO0010633951 40202010 0.25

Stolt-Nielsen SNI BMG850801025 20303010 0.23

Wallenius Wilhelmsen WALWIL NO0010571680 20303010 0.19

Wilh. Wilhelmsen Holding ser. A WWI NO0010571698 20303010 0.18

Axactor AXA NO0010840515 40202010 0.16

Kongsberg Automotive KOA NO0003033102 25101010 0.16

Kitron KIT NO0003079709 45203020 0.14

Fjord1 FJORD NO0010792625 20303010 0.13

XXL XXL NO0010716863 25504040 0.12

Nordic Nanovector NANO NO0010597883 35201010 0.11

Photocure PHO NO0010000045 35202010 0.11

PCI Biotech Holding PCIB NO0010405640 35201010 0.11

American Shipping Company AMSC NO0010272065 20303010 0.10

MPC Container Ships MPCC NO0010791353 20303010 0.09

(6)

Asetek ASETEK DK0060477263 45202030 0.06

BerGenBio BGBIO NO0010650013 35201010 0.05

IDEX Biometrics IDEX NO0003070609 45203015 0.04

Gaming Innovation Group GIG US36467X2062 25301010 0.04

(7)

IN:

Data Respons DAT NO0003064107

Bonheur BON NO0003110603

OUT:

NEXT Biometrics Group NEXT NO0010629108

REC Silicon REC NO0010112675