This marketing communication is a financial promotion and is being issued inside the United Kingdom by Trillium Asset Management UK Ltd.(“Trillium UK"), and is directed only at persons in the UK who are professional clients or eligible counterparties for the purposes of the United Kingdom Financial Conduct Authority’s (“FCA”) Conduct of Business Sourcebook. This communication is not to be directed at or made available to retail clients. This information is confidential and must not be reproduced in whole or in part (whether in electronic or hard copy form).

The value of investments may go down as well as up and investors may not get back the amount they invest. Past performance is no guide to future results.

This communication is intended for factual background purposes only, does not purport to be full or complete and does not create any legally binding obligations on the part of Trillium UK and/or its affiliated companies. This communication does not constitute an offer or an offer to the public, an invitation to offer or a recommendation to enter into any transaction, to participate in any trading strategy or to invest in any fund or any other financial instrument in any jurisdiction except to the extent permitted by local laws.

Trillium UK has no obligation to update, modify or amend this communication or to otherwise notify a reader in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

All economic and performance information is historical. Any market indices referenced to illustrate performance do not reflect the deduction of fees and expenses typically associated with managing a client portfolio. A market index is not available for direct investment. Certain accounts have been excluded from affiliate performance composites due to client imposed mandate limitations. Certain performance results do not reflect the deduction of investment advisory fees.

Please be aware that foreign exchange rates may increase or decrease returns.

Issued by Trillium Asset Management UK Ltd., 20 North Audley Street, London, W1K 6LX. Trillium Asset Management UK Ltd. is registered in England and Wales under number 7091180 and is authorised and regulated by the Financial Conduct Authority of the United Kingdom (FRN 515302).

Trillium Asset Management UK Ltd. (Trillium UK), Trillium Asset Management LLC (Trillium) and Barrow Hanley Global Investors are subsidiaries of Perpetual Limited in Australia through its wholly owned subsidiary Perpetual Acquisition Company Limited “PACL”. PACL is registered with the Australian Securities and Investments Commission, company number 163620362. The registered address for PACL is Angel Place, Level 18, 123 Pitt Street, Sydney, 2000, Australia.