INVESTMENT PROCESS Differentiating Factors Investment Philosophy Investment Process Our investment process is rigorous and highly disciplined. It is a fundamental, bottom-up, evidence-based process that seeks investment opportunities based on objective fundamental research. We invest on an absolute return basis and are unconstrained by index weightings, whilst focused on ensuring diversification and managing common business risks. We typically own 35 equities within our Global Equity portfolio, all of which have a minimum upside of 25%-35% when purchased. All our analysts are generalists. Stocks are reviewed using a combination of individual analysis and an iterative team process. We believe in diligently implementing a consistent approach and methodology. The range of experience and different perspectives, combined with lateral thinking and an open mind, creates advantages in understanding and analysing a company. We focus on three criteria for security selection: Quality, Business Fundamentals and Valuation. – Our definition of Quality is one of our key defining characteristics. When evaluating Quality, we focus on the efficient and effective allocation and return on invested capital, the stability of the industry in which the company operates and the predictability and consistency of their recurring revenue stream. – Business Fundamentals is where we identify the ability of the company to hit or beat market expectations. – Valuation is a function of our Discounted Cash Flow Analysis, within which there is a consistency of discount rates applied. We also have a strict sell-discipline which is consistently adhered to. It is these bottom-up buy and sell decisions that drive portfolio construction. GET TO KNOW US LONGVIEW PARTNERS LLP Thames Court 1 Queenhithe London EC4V 3RL T: +44 (0) 20 7809 4100 E: info@longview-partners.com LONGVIEW PARTNERS (GUERNSEY) LTD PO Box 559 Mill Court La Charroterie St Peter Port, Guernsey Channel Islands, GY1 6JG T: +44 (0) 1481 712414 E: info@longview-partners.com ABOUT US Firm Overview Key Principles Organisation Details Policies Contacting Us Finding Us As at 30th September © 2021 Longview Partners | Website by Pipedream Web Design

OUR TEAM Board of Directors Executive Committee Investment Team Board of Directors Longview Partners (Guernsey) Ltd BD Longview Partners (UK) Ltd BD Executive Committee Longview Partners (Guernsey) Ltd EC Longview Partners LLP EC Investment Team Investment Team GET TO KNOW US LONGVIEW PARTNERS LLP Thames Court 1 Queenhithe London EC4V 3RL T: +44 (0) 20 7809 4100 E: info@longview-partners.com LONGVIEW PARTNERS (GUERNSEY) LTD PO Box 559 Mill Court La Charroterie St Peter Port, Guernsey Channel Islands, GY1 6JG T: +44 (0) 1481 712414 E: info@longview-partners.com ABOUT US Firm Overview Key Principles Organisation Details Policies Contacting Us Finding Us As at 30th September © 2021 Longview Partners | Website by Pipedream Web Design Game development in Ukraine