# Additional Unaudited Appendix
## Sustainable Finance Disclosure Regulation (“SFDR”) Disclosures
The sub-funds listed in the table below (the “Sub-funds”) use an approach that embeds sustainability risks assessments derived from the integration of ESG (Environment, Social and Governance) criteria within its re- search and investment processes. The Sub-funds have implemented a framework to integrate sustainability risks in investment decisions based on sustainability factors. It relies notably on those policies that applied bindingly on a continuous basis:
- Sectorial exclusion policies covering controversial weapons, soft commodities, climate risks, and ecosystem protection & deforestation. In 2021, AXA IM extended this policy to cover investments incorporating significant land use controversies and responsible for biodiversity loss in relation to soy, cattle and timber.
- ESG standards (covering normative exclusions with the tobacco sector, white phosphorus weapons producers, companies in violation of international norms and standards, severe controversies and low ESG quality based on ESG scoring) were upgraded in 2021 with more demanding rules on human rights violations and on compliance to international norms and standards. ESG scoring methodology has been revamped in 2021 towards a single-provider ESG scoring model which is coupled with an overlay of AXA IM’s own qualitative analysis. Entitled Q2, this new and enhanced qualitative and quantitative approach offers increased coverage as well as fine-tuned fundamental analysis. The most up to date version of our policies can be found on our website at the following link: https://www.axa-im.com/our-policies.

The “do no significant harm” principle according to SFDR regulation that aims to ensure limiting adverse impact on sustainability factors, is considered through exclusion policies of the most material ESG risks. Stewardship policies are an additional risk mitigation on Principal Adverse Impacts through direct dialogue with companies on sustainability and governance issues.
Furthermore, through our engagement activities, we have used our influence as investors to encourage companies to mitigate environmental and social risks relevant to their sectors. Voting at general meetings has been an important element of our dialogue with investee companies in order to foster sustainably long-term value of the companies in which we invest.
The implementation of responsible investment’s frameworks had the following results:
Latest engagement and voting reports are available at the fund center website: https://funds.axa-im.com.
A reporting on main ESG indicators measured for the Sub-funds is available at the at the fund center website: https://www.axa-im.lu/fund-document-library - (document Fund Fact Sheet B2B Responsible Investment).
On top of the above, the following specific approaches and or processes apply to the following Sub-funds:
| SFDR Article | Sub-fund name | Additional Approach / Process |
| --- | --- | --- |
| Article 8 | AXA WFII North American Equities | Aims at outperforming its benchmark or investment universe on the |
|  |  | ESG Score while having a minimum threshold in terms of ESG |
|  |  | analysis coverage (90% for developed markets and large caps, 75% |
|  |  | for high yield, emerging market, small and mid-caps) as described in |
|  |  | the fund’s prospectus. |
| Article 8 | AXA WFII European Opportunities Equities | The sub-fund has invested at least 90% of its assets in underlying |
|  |  | funds that are classified as Article 8 under SFDR regulation and that |
|  |  | promote environmental or social characteristics. |
| Article 9 | AXA WFII Evolving Trends Equities | The sub-fund has invested at least 90% of its assets in underlying |
|  |  | funds that are classified as Article 9 under SFDR that have a |
|  |  | sustainable investment objective. |

Design & Production: AXA IM Paris Corporate Communications - 12/2012 - 14/07078
AXA World Funds II

### www.axa-im.com
Société d’Investissement à Capital Variable 49, avenue J.F. Kennedy, L-1855 Luxembourg

Translation (ENDE, 2021-12-31):
# Zusätzlicher ungeprüfter Anhang
## Angaben gemäß EU-Offenlegungsverordnung („SFDR“) (Fortsetzung)
Zusätzlich zum Vorstehenden gelten für die nachstehend genannten Teilfonds die folgenden speziellen Ansätze bzw. Verfahren:
| SFDR-Artikel | Bezeichnung des Teilfonds | Zusätzlicher Ansatz/Prozess |
| --- | --- | --- |
| Artikel 8 | AXA WFII North American Equities | Zielt darauf ab, den Referenzindex oder das Anlageuniversum im |
|  |  | Hinblick  auf  die  ESG-Bewertung  zu  übertreffen,  wobei  eine |
|  |  | Mindestschwelle hinsichtlich der Abdeckung der ESG-Analyse gilt |
|  |  | (90% für Industrieländer und Large Caps, 75% für High-Yield- |
|  |  | Anleihen, Schwellenländer sowie Small und Mid Caps), wie im |
|  |  | Fondsprospekt beschrieben. |
| Artikel 8 | AXA WFII European Opportunities Equities | Der Teilfonds hat mindestens 90% seiner Vermögenswerte in |
|  |  | zugrunde liegende Fonds investiert, die als Artikel-8-Fonds gemäß |
|  |  | SFDR gelten und ökologische oder soziale Merkmale bewerben. |
| Artikel 9 | AXA WFII Evolving Trends Equities | Der Teilfonds hat mindestens 90% seiner Vermögenswerte in |
|  |  | zugrunde liegende Fonds investiert, die als Artikel-9-Fonds gemäß |
|  |  | SFDR gelten und über ein nachhaltiges Investitionsziel verfügen. |

Design & Production: AXA IM Paris Corporate Communications - 12/2012 - 14/07078
AXA World Funds II
www.axa-im.com
Société d’Investissement à Capital Variable
49, avenue J.F. Kennedy, L-1855 Luxembourg