DNB ASSET MANAGEMENT AS

Act on Alternative Investment Fund Managers § 2-2 (1)

• Management of alternative investment funds

Act on Alternative Investment Fund Managers § 2-2 (3)

• Individual portfolio management

Act on Alternative Investment Fund Managers § 2-2 (4) (non-core services)

• a) reception and transmission of orders

Investment Strategy (Act on Alternative Investment Fund Managers § 2-4 (5))

• Fund of Funds
• Hedge Fund
• Other Commodity Fund
• Other Equity Fund
• Other Fixed income Fund
• Other Fund
• Other Infrastructure Fund
• Private Equity Fund
• Real Estate Fund

Act on Securities Funds § 2-1 (1)

• Securities fund management

Act on Securities Funds § 2-1 (2)

• Individual portfolio management

Act on Securities Funds § 2-1 (3) - (additional services)

• 1. investment advice
• 2. safekeeping and management of fund units

2. The Securities Funds Regulations section 13-2, cf. the Securities Funds Act section 4-10 subsection (4)

• Units in Norwegian securities funds