ENERGY TRANSITION AND THE USD115TRN OPPORTUNITY
THE STRATEGYOPPORTUNITY

The strategy invests in all-cap companies globally that provide environmental
solutions facilitating the energy transition across three themes:

Energy-related carbon
emissions today stand at
70% of total CO2 emissions...
...and power demandis forecast to double
by 2050*….

The Energy Transition Strategy

X2

DECARBONISINGDIGITALISINGKEY
HIGHLIGHTS

DECENTRALISING

Access to global equities
Renewable Energy
Production

Energy Efficiency,
Technology & Materials

Energy Infrastructure& Transportation

Companies at the forefrontof the energy transition…driven by population
growth, rising incomes
and urbanisation

Team of experts
specialised in the selectionof innovative companies

Reducing emissions
by 70% to 9.5Gt to meetthe Paris Agreement…

Long-term growthpotential…will require USD115trn ininvestment by 2050 intransitioning the global
energy system.

CREATIVE SERVICES BNPP AM - September 2021 - P2109008_EN*Source: IRENA, International Renewable Energy Agency, World Energy Transitions Outlook, April 2021

The sustainable investor for a changing world

ENERGY TRANSITION AND THE USD115TRN OPPORTUNITY
The Energy Transition StrategyWHAT ARE THE RISKS?
Risk of capital loss: The value of investments and the income they generate may rise as well as fall, and investors may not fully recover their investments. Past performanceand returns are no indicator of current or future performance.
Equity market risks: The risks associated with investments in equities (and similar instruments) include significant fluctuations in prices, negative information relative tothe issuer and the market and the subordinated character of equities related to bonds issued by the same company. The value of investments and revenue that they generate
may also rise and fall and investors may not fully recover their investments. The strategy investing in growth stocks may be more volatile than the market as a whole andmay react differently to economic, political, market and issuer-specific events.
Shanghai Stock Connect risk - Hong Kong: This risk concerns the trading and settlement of securities via Stock Connect. Stock Connect is subject to a quota limit that could
reduce the strategy’s ability to invest in Chinese A shares in good time. In addition, since Stock Connect is relatively new, the regulations pertaining to it have not been tested
yet, and there is no certainty as to their application, which may affect the strategy’s ability to impose its rights and interests relative to Chinese A shares.
Emerging Market Risks: The strategy investing in emerging markets are likely to show higher-than-average volatility due to a high degree of concentration, increased
uncertainty stemming from the lower amount of available information, lower liquidity and greater sensitivity to changes in market conditions (social, political and economicconditions).
This material has been prepared and issued by BNP PARIBAS ASSET MANAGEMENT Asia Limited with its registered office at 17/F Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong andBNP PARIBAS ASSET MANAGEMENT Singapore Limited with its registered office at 20 Collyer Quay, #01-01, 20 Collyer Quay, Singapore 049319 - Company Registration No. 199308471D (the“Companies”). This material has not been reviewed by the Hong Kong Securities and Futures Commission or the Monetary Authority of Singapore. This material is produced for informationpurposes only and does not constitute: 1. an offer 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 whatsoeveror 2. investment advice. Opinions included in this material constitute the judgement of the Companies at the time specified and may be subject to change without notice. The Companies are
not obliged to update or alter the information or opinions contained within this material. While all efforts are taken to ensure the accuracy of the information and data included in thismaterial, no warranty is given and no liability shall be accepted in the event of any error, inaccuracy or discrepancy of such information and data. Investors should consult their own legal
and tax advisors in respect of legal, accounting, domicile and tax advice prior to investing in the financial instrument(s) in order to make an independent determination of the suitability andconsequences of an investment therein, if permitted. Please note that different types of investments, if contained within this material, involve varying degrees of risk and there can be noassurance
that
anyspecificinvestmentmayeitherbesuitable,
appropriateor
profitableforaninvestor’s
investment
portfolio.
Investments involve risks. Given the economic and market risks, there can be no assurance that the financial instrument(s) will achieve its/their investment objectives. Returns may be affectedby investment strategies or objectives, markets and economic conditions. The different strategies applied to the financial instruments may have a significant effect on the results portrayedin this material. Past performance and any economic and market trends/forecasts are not a guide to current or future performance and the value of an investment may go down as well asup. Investors may not get back the amount they originally invested.
CREATIVE SERVICES BNPP AM - September 2021 - P2109008_EN

The sustainable investor for a changing world