All new employees or interns of Trecento AM have been trained on ESG incorporation.

All new employees or interns of Trecento AM have been trained on ESG engagement.

We have organised several meetings with all employees of the company to explain our reponsible investment strategy and how ESG activities are a key part of this strategy.

We have developed a database to list all ESG interactions with issuers' management to efficacely follow engagement of our analysts/fund managers on ESG issues.

All studies and analysis produced this year by the research team included an ESG analysis.

We have also amended the legal documents of our investment funds (Trecento Santé ISR and Trecento Robotique ISR) to make this analysis compulsory, as part of our SRI screening and investment selection process.

Our Trecento Santé ISR and Trecento Robotique ISR funds now include a key extra-financial performance objective: the average ESG score of the issuers in portfolio (position-weighted) must be higher, at all times, than the average ESG score of the issuers in the investment universe (weighted by their market capitalisation in euros) after the exclusion of the 20% worst scored issuers. This objective satifies the requirement of the French socially responsible investment label.

Trecento AM has developped a monitoring tool, through a database, that enables the analysts and fund managers to identify, categorise and continuously monitor the ESG incidents and controversies that impact the issuers whose securities are held in our investment funds.

The severity of each controversy is analysed and ranked, as well as the answers and actions undertaken by the issuers to mitigate the controversy.

The management team then decides what actions, if any, to take, depending on the ranking of the controversy. In severe cases, the issuer can be impacted by a penalty as regard its maximum weighting in our funds (can be decreased by 0.25%, 0,5% or 1%) or could even be added to the exclusion list of Trecento AM.

Our Trecento Santé ISR and Trecento Robotique ISR funds now include a key extra-financial performance objective: the average ESG score of the issuers in portfolio (position-weighted) must be higher, at all times, than the average ESG score of the issuers in the investment universe (weighted by their market capitalisation in euros) after the exclusion of the 20% worst scored issuers. This objective satifies the requirement of the French socially responsible investment label.

The extra-financial scoring rate of the portfolio must be higher than 90% (in number of issuers) at all times but we have achieved 100%.

We have been awarded the French Socially Reponsible Investment label ("ISR") for Trecento Santé ISR and Trecento Robotique ISR.

We have made numerous presentations of our RI strategy to our clients, which are mainly institutional clients (pension funds, mutual insurers), private banks, family offices to promote the value-added and importance of a RI strategy.

Exemples of ESG analysis case study are shown to our clients at all investors' meetings.