BNP PARIBAS FUNDS
GREEN TIGERSINVESTING IN FAST GROWING AND INNOVATIVE
ASIA-PACIFIC COMPANIES PROVIDINGDISRUPTIVE ENVIRONMENTAL SOLUTIONSBNP Paribas Asset Management:
The most awarded global asset manager*by key Asia Pacific regional tradepublications in the sustainable investment
space in 2022/2023.
*Awards are based on 2022 performance coverage period,
from Asian Private Banker, Asia Asset Management, AsianInvestors, Benchmark, Citywire Asia, Morningstar, The Assetand InsuranceAsia News.

JULY 2023

WHY INVEST IN ASIAN ENVIRONMENTAL MARKETS?
While climate change is a global phenomenon threatening to undo decades of development and is resulting inextensive human and infrastructure-related losses, one of the hardest hit regions which may face more climate risk
exposure than other parts of the world - is Asia.1
By 2050, Asia is projected to see increasing average temperatures, as well as more intense and/or frequent lethal heatwaves, extreme precipitation events and severe hurricanes, which will negatively impact the region’s people, physicalassets and gross domestic product (GDP). The silver lining is that Asia remains well positioned to address thesechallenges and we believe this offers investment opportunities in companies that provide innovative and disruptive
environmental solutions.

Four supportive fundamentals of Asian environmental markets
DEMOGRAPHICS

CONSTRAINEDRESOURCESSUPPORTIVE
GOVERNMENTPOLICY6

Almost half of theworld’s urban
population will be inAsia by 20502

Over 75% of Asia iswater insecure4

Net-zero commitment
by Asian governments:

Urbanisation expected torise by 20503
India  by 416 million
China  by 255 million

Net-zero emissions

70% of Asia’s water
resources are used for
growing food4

INDUSTRIAL
EFFICIENCY

Supply and demand
driver for electricvehicles

By 2030, China is
expected to account for
the largest share ofglobal electric vehicle
sales at 49%7

Water demand for
agriculture, industry, andhouseholds will increaseby 30-40% by 20505$26 trillion required for infrastructure investment in Asia from 2016 to 2030,
including investments dedicated to climate change mitigation and adaptation costs.8

Enormous climate-related investment potential in Asia-Pacific
CLIMATE INVESTMENT POTENTIAL BY REGION TO 2030 (US$ TRILLION)920.0
5.0
East Asia Pacific Latin America andand South Asia
Caribbean

1.2

1.7

1.5

Europe andCentral Asia

Middle East andAfrica

Sub-SaharanAfrica

4.1 billion of 7 billion population expected to live in urban area by 2030,
55% expected to live in Asia Pacific region9Source: 1. Climate risk and report in Asia, McKinsey & Company, 24 November 2020. 2. China’s Urbanisation, Dragon Star, European
Commission’s FP7 program. 3. UN Department of Economic and Social Affairs, Population Division (2018) World Urbanisation Prospects:
The 2018 Revision: https://population.un.org/wup/publications/Files/WUP2018-Report.pdf. 4. Asian Development Bank, Water: 12 Things toKnow, 24 August 2015. 5. International Institute for Applied System Analysis, Is Asia facing a coming water crisis?, 18 June 2018. 6. Impax
Asset Management, 5 January 2023. 7. Electric Vehicle Outlook 2020, Bloomberg NEF. 8. Asian Development Bank, Meeting Asia’s
Infrastructure Needs, February 2017. 9. Chart created based on data from “Climate Investment Opportunities in Cities, IFC, 2018”.
Investment potential in wind, solar, biomass, small hydro, geothermal, all renewables, electric transmission and distribution, industrial
energy efficiency, building, transport and waste.

2KEY HIGHLIGHTS : BNP Paribas Funds Green Tigers
An Asia-Pacific equity fund focused on environmental markets

SRI label10• Actively managed with a high conviction approach• Contributes to the low carbon energy transition

THE FUND HAS BEEN AWARDED
WITH SUSTAINABLE
INVESTING LABELS

Alignment with the UN Sustainable Development Goals (SDGs)^:

6.
Clean water and sanitation

7.
Affordable & clean energy

11.
Sustainable cities &communities

9.
Industry, innovation &infrastructure

12.
Responsible consumption& production

A sustainable and flexible all-cap solution• The transition to a more sustainable economy provides opportunities for well positioned companies to outperform.
• Seeks to capture growth opportunities from quality and fast-growing environmental Asia-Pacific companies
providing solutions to a range of environmental challenges.
• The fund has diversified exposure across large, mid and small caps.

Six environment markets themes:
ENERGY

Examples :• Developer & independent power• Hydrogen, Solar and Wind
• Smart grids• Power storage & uninterruptible
power supply

WATER
Examples :• Distribution & infrastructure• Treatment• Efficiency• Utilities

CLEAN AND EFFICIENT TRANSPORT
Examples :• Aviation, shipping, railways• E-bikes & bicycles• Buses & coaches• Road vehicles & devices• Shared mobility

SUSTAINABLE FOOD
Examples :• Organic & alternative• Technology & logistics• Safety & packaging• Agri-& Aquaculture• Forestry

CIRCULAR ECONOMY
Examples :• General & hazardous waste
management• Recycled, recyclable products& biomaterials• Technologies

SMART ENVIRONMENT
Examples :• Testing & monitoring• Pollution control• Environmental resources• Digital collaboration solutions• Finance & investment

An experienced investment team with a compelling track record
Managed by a global leader in environmental markets investing

IMPAX ASSET MANAGEMENT11
A specialist manager

A well-resourced
investment teamGlobal presence

More than 20 years ofexperience

Over 80 investment teammembers*

United Kingdom, United States, HongKong, Japan & Ireland

Assets under management

US$50.4 billion^Impax’s investment process does not identify alignment with SDGs as a specific objective. Instead, the nature of Impax’s investment
philosophy results in some meaningful revenue exposure within the Environmental Markets strategies, as well as the Sustainability Lens
strategies with emerging market exposure. 10. SRI, June 2023. The “Sustainable and Responsible Investment” (SRI) label is a tool for
selecting responsible and sustainable investments, created and supported by the French Ministry of Finance. It also aims to ensure that themanagement of the fund is based on a solid methodology, with a high degree transparency and quality information. To obtain the SRI label,a fund must meet a set of criteria, divided into six themes. More information is available on www.lelabelisr.fr/. 11. Impax AssetManagement, 30 June 2023. *As of 31 December 2022. Full-time staff only.

3Fund facts12
Inception date16 December 2010
Managed by Impax since
19 February 2018.

Managementcompany

BNP PARIBAS ASSET MANAGEMENT
Luxembourg

Benchmark

80% MSCI AC Asia Pacific ex Japan
NR + 20% MSCI Japan NR

Delegated manager

Impax Asset Management Ltd

Base currency

USD

Fee payable by thefund (Classic share)

Other: 0.40%

Fee payable bythe investor

Subscription fee: 3.00 % (max)Conversion fee#: 1.50% (max)SRI^4

SFDR##Article 9

Share class name 12

ISINCurrency

Max
ManagementFee *Ongoing
Charges
Ratio**BNP Paribas Funds Green Tigers (Classic, Capitalisation)

LU1039395188

USD

1.75%

2.23%

BNP Paribas Funds Green Tigers (Classic, Distribution)

LU0823437842

USD

1.75%

2.23%

BNP Paribas Green Tigers (Classic RH SGD, Capitalisation)

LU2294712281

SGD

1.75%

2.23%

BNP Paribas Green Tigers (Classic RH SGD MD, Distribution)

LU2294712364

SGD

1.75%

2.23%

Source:12. BNP Paribas Asset Management, 30 June 2023.
#In the event of conversion to a sub-fund with a higher subscription fee, the difference may be payable.
## Following the new Sustainable Finance Disclosure Regulation (SFDR) that came into force on March 10th this year, our BNP Paribas
Funds Green Tigers is categorised under Article 9. Article 9: Have a Sustainable Investment Objective^ SRI: Summary Risk Indicator. The higher the risk, the longer the recommended investment horizon.
*As at 30 June 2023.
**As at 31 December 2022.
Disclaimer
This advertisement has not been reviewed by the Monetary Authority of Singapore. This material is issued and has been prepared by BNP
PARIBAS ASSET MANAGEMENT Singapore Limited [BNPP AMS]. It is produced for information purposes only and does not constitute: 1. anoffer to buy nor a solicitation to sell, nor shall it form the basis of or be relied upon in connection with any contract or commitment
whatsoever or 2. investment advice. It does not have any regard to the specific investment objectives, financial situation or particularneeds of any person. Investors should consult their own professional advisors in respect of legal, accounting, domicile and tax advice prior
to investing in the fund(s), and in the event that he chooses not to seek advice from professional advisors, he should make an independent
determination of the suitability and consequences of an investment. Investors considering subscribing to the fund(s) should read carefully
the most recent prospectus, offering document including the risk factors and consult the fund(s’) most recent financial reports before
investing, as available from BNPP AMS or its authorised distributors. Investments involve risks. Given the economic and market risks, there
can be no assurance that the fund(s) will achieve its/their investment objectives. Investments in the fund are not deposits or otherobligations of, or guaranteed, or insured by BNPP AMS or its authorised distributors or its affiliates and are subject to investment risks,
including the possible loss of principal amount invested. Returns may be affected by investment strategies or objectives, markets andeconomic conditions. Past performance of the fund(s) or the managers, and any economic and market trends or forecast, are notnecessarily indicative of the future or likely performance of the fund(s) or the manager and the value of the investments in fund(s) may go
down as well as up. Investors may not get back the amount they originally invested. Funds which are invested in emerging markets,
smaller companies and derivative instruments may also involve a higher degree of risk and are usually more sensitive to pricemovements. Views and opinions included in this material constitute the judgment of BNPP AMS and its affiliates at the time specified andmay be subject to change without notice. BNP PARIBAS ASSET MANAGEMENT Singapore Limited - registered office at 20 Collyer Quay, #0101, 20 Collyer Quay, Singapore 049319. Company Registration No. 199308471D.

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