The special investment criteria and the approach that is to be adopted in relation to them represent an
elaboration of ASN Bank’s mission and business principles. They apply in full to ASN Aandelenfonds, ASN Obligatiefonds, ASN Mix-fonds, ASN Small & Midcap Fonds and ASN Bank’s investments with the exception of commercial loans. Given their nature, ASN Milieu & Waterfonds and ASN Bank’s commercial loans are subject to the exclusion criteria at the very least. The Green Project Regulations [Regeling Groenprojecten] apply to ASN Groenprojectenfonds. The 2005 Socially Ethical Project Regulations [Regeling Sociaal-Ethische Projecten] apply to the ASN-Novib Fund.