ECF1 – Mountain Alliance AG

Mountain Alliance AG is not Shariah Compliant because of its involvement in Venture Capital and related activities.

PEGRP – Pharma Equity Group A/S

Pharma Equity Group A/S is not Shariah Compliant because of its involvement in Investment Holding Companies (NEC) and related activities.

HERMA – Hermana Holding ASA

Hermana Holding ASA is not Shariah Compliant because of its involvement in Investment Holding Companies (NEC) and related activities.