2 of 4 Responsible investment update The tragic events that have unfolded in Ukraine because of Russia’s invasion has been a key focus of our responsible investment activity. While the responsible portfolios stop short of implementing widespread exclusions, given the severity of the situation, the violation to human rights, and our responsible investment objective, we felt that we had to act. The news of the invasion broke just prior to the launch of the portfolios, and we immediately sought to understand our direct and indirect exposure to Russia and also any exposure to companies that could be involved in supplying military equipment to Russia. Where we had exposure to Russian government bonds, we removed this exposure, and where we identified exposure to Russian companies we engaged with our active managers and instructed them to not initiate any new positions in Russian companies or add to existing positions. With regards to passively managed exposure to Russian companies we engaged with the provider to understand how they were managing these exposures with the index providers. While we believe exclusion is appropriate in this instance, we strongly believe that engagement is typically a more effective tool to drive change and will continue to be central to the management of the Responsible portfolios. WealthSelect responsible investment attributes Where indicated, each portfolio will adhere to the following attributes: Managed Portfolios Responsible Portfolios Sustainable Portfolios Attribute 1: Follow the Quilter Investors responsible investment principles Attribute 2: Maintain a lower carbon footprint than the reference index Attribute 3: Focus on investing in funds that Quilter regards as leaders in ESG integration Attribute 4: Invest in funds that pursue explicit environmental and/or social targets or characteristics Attribute 5: Invest substantially in funds that target positive sustainable outcomes Attribute 6: Seek to support sustainable solutions to environmental and social challenges Attribute 7: Exclude or normally avoid exposure to unsustainable activities *At least 50% of the assets in the Responsible portfolios will be in funds that pursue explicit env ironmental and/or social targets or characteristics. The WealthSelect Managed portfolios are able to select from the widest investment u niverse, compared to the WealthSelect Responsible and WealthSelect Sustainable portfolios. This is because as portfolios adhe re to more ESG attributes , the choice of investments becomes smaller.