FDC's exclusion lists*

*Lists as of February 2025. FDC decides on the exclusion of companies from its investment universe (the latter including public companies only). This publication shows the result of the implementation of FDC’s exclusion policy. FDC’s exclusion lists are updated regularly based on information through an independent third party service provider. Nothing contained in this publication shall be construed as to make a representation or warranty, express or implied, regarding the advisability to invest or not in these companies or to include or exclude these companies in/from investable universes and/or portfolios. Any third party should make its own judgement on whether or not to invest in these companies. The information is provided “as is” and therefore FDC assumes no responsibility for errors or omissions. Furthermore, FDC accepts no responsibility and cannot be held liable for damage arising from the use or improper use of this publication or information contained herein or for the information on a company during periods when the exclusion lists are being updated, this in any manner whatsoever.