INDEX REPORTING 2014-11-13 BNP Paribas Global Waste Management TR SHORT DESCRIPTION The BNP Paribas Global Waste Management Total Return Index tracks the price movement of up to 25 of the largest companies in the waste management sector. The index components are weighted by scores which are derived from the fundamental rating by BNP Paribas, the share of operating income from the waste management business and the liquidity of the stock. The index is calculated in USD and adjusted semi-annually. HISTORICAL PERFORMANCE* BASIC DATA ISIN / WKN Bloomberg / Reuters Index Calculator Index Type Index Currency Index Members Dividends DE000A0V7576 / A0V757 BNPIGWTR Index / .BNPIGWTR Base Value / Base Date 100 Points / 28.09.2007 Current Price 135.29 Solactive AG 52W High 139.95 Industry / Sector 52W Low USD 19 Calculation History 120.50 09:00am to 10:30pm (CET), every 60 seconds Available daily back to 28.09.2007 Reinvested (Total Return index) * Past performance is no guarantee of future results and may be lower or higher than current performance. Index returns are no guarantee for any returns of financial products linked to the index. Any performance information regarding financial products linked to the index can reflect temporary waivers of expenses and/or fees and does not include insurance/annuity fees and expenses. INDEX REPORTING BNP Paribas Global Waste Management TR Index (USD) 2014-11-13 STATISTICS in USD Performance Performance (p.a.) 30D 90D 180D 360D YTD Since Inception 6.2% -0.9% 3.1% 6.6% 4.7% 194.9% 108.9% -3.5% 6.3% 6.7% 5.5% 11.3% Volatility (p.a.) 10.9% 10.0% 8.9% 9.6% 9.8% 19.0% High 135.38 139.95 139.95 139.95 139.95 139.95 Low 126.44 126.44 126.44 120.50 120.50 44.43 9.97 -0.38 0.67 0.66 0.53 0.49 Sharpe Ratio Max. Drawdown -1.0% -9.7% -9.7% -9.7% -9.7% -53.0% VaR 95 \ 99 91.0% \ 83.6% -20.0% \ -26.8% -8.3% \ -14.3% -9.1% \ -15.6% -10.6% \ -17.2% -20.0% \ -33.0% CVaR 95 \ 99 86.5% \ 79.9% -24.2% \ -30.2% -12.0% \ -17.3% -13.1% \ -18.8% -14.7% \ -20.5% -28.0% \ -39.4% CURRENCY EXPOSURE COUNTRY EXPOSURE TOP COMPONENTS Ticker Currency Country Company Weight SRCL UW Equity USD US STERICYCLE INC 10.06% LKQ UW Equity USD US LKQ CORP 10.02% WM UN Equity USD US WASTE MANAGEMENT INC 9.52% CVA UN Equity USD US COVANTA HOLDING CORP 9.46% RSG UN Equity USD US REPUBLIC SERVICES INC 9.31% WCN UN Equity USD US WASTE CONNECTIONS INC 7.93% DAR UN Equity USD US DARLING INGREDIENTS INC 6.24% CLH UN Equity USD US CLEAN HARBORS INC 6.19% VIE FP Equity EUR FR VEOLIA ENVIRONNEMENT SA 5.21% SWC UN Equity USD US STILLWATER MINING CO 5.19% UMI BB Equity EUR BE UMICORE SA 4.96% 257 HK Equity HKD HK CHINA EVERBRIGHT INTERNATIONAL LTD 3.25% SEV FP Equity EUR FR SUEZ ENVIRONNEMENT SA 2.98% SGM AT Equity AUD AU SIMS METAL MANAGEMENT LTD 2.86% PNN LN Equity GBP GB PENNON GROUP PLC 2.06% Free realtime prices index guide and further information available on www.solactive.com This info service is offered exclusivley by Solactive AG, Bettinastr. 30, D-60325 Frankfurt am Main, E-Mail [email protected]| Disclaimer: All our activities as an aquisition agent and investment adviser (in accordance with § 1 Article 1a No. 1, 1a and 2 of the German Banking Act / KWG) in the capacity of a "contractbound agent" are subject to the liability of Exclusive Private Finance GmbH, Gaisbergstrasse 40, 69115 Heidelberg, Germany (§ 2 Article 10 German Banking Act / KWG). This document is for the information and use of professional advisers only. Remember, the information in this document does not constitute tax, legal or investment advice and is not intended as a recommendation for buying or selling securities. The information and opinions contained in this document have been obtained from public sources believed to be reliable, but no representation or warranty, express or implied, is made that such information is accurate or complete and it should not be relied upon as such. Solactive AG and all other companies mentioned in this document will not be responsible for the consequences of reliance upon any opinion or statement contained herein or for any omission. | © Solactive AG, 2013. All rights reserved.