Sinopec Kantons Holdings Ltd

Sinopec Kantons is listed on the 4Q 2020 Minnesota State Board of Investment List of Unauthorized (Scrutinized) Iran Companies. (https://www.lrl.mn.gov/docs/2021/mandated/210295.pdf)

As of May 28, 2020, the Florida State Board of Administration (“SBA”) continues to list Kantons on its list of “Scrutinized Companies with Activities in the Iran Petroleum Energy Sector. (https://www.unitedagainstnucleariran.com/company/china-nonferrous-metal-mining-group)

On September 19, 2007, Kantons was added to the Florida State Board of Administration List of Prohibited Investments (Scrutinized Companies) due to its involvement in Iran. As of March 9, 2021, Kantons remains on the SBA list of prohibited investments.  (https://www.sbafla.com/fsb/Portals/FSB/Content/Performance/Quarterly/2021_03_09_Web_Update_PFIA_Prohibited_List.pdf?ver=2021-03-09-134849-587)

On January 20, 2020, Minnesota SBI listed Kantons as a scrutinized investment. The managers are explicitly instructed to refrain from purchasing securities on this list. (https://www.leg.state.mn.us/docs/2020/mandated/200121.pdf)