1、 EQUITY 09 December 2022 Sustainability Research Extract from a report Silver Economy universe update Updating and rebalancing our SG Silver Economy universe Back in February 2017,we launched an index based on major European companies exposed to ageing population themes,as detailed in Silver Economy

2、:A beacon of growth in challenging times.Our Silver Economy index is expressly designed to offer exposure to long-term growth in sectors,such as healthcare,tourism and travel,internet providers,health insurance,wealth management and luxury goods,which we expect to benefit most from an increase in an

3、 elderly population that should also live longer than in the past.Here,we update our universe(now 160 companies)as an annual exercise,having taken a deeper dive into revenue dynamics across the Stoxx600.Changes to the SG Silver Economy investment universe Having re-run our universe model,we have ide

4、ntified 160 companies(vs 163 in our December 2021 update)within seven sectors across 31 sub-sectors that look well placed to benefit from our Silver Economy theme.Most of the beneficiary companies are part of the Healthcare,Financials,Communication Services and Consumer Discretionary sectors.12 in A

5、LK-Abello A/S,Allfunds Group PLC,Arkema SA,Bavarian Nordic A/S,Haleon PLC,Hugo Boss AG,Indivior PLC,Oxford Nanopore Technologies PLC,Telefonica Deutschland Holding AG,Topdanmark A/S,Vantage Towers AG,Wacker Chemie AG.15 out AddLife AB,Ashmore Group PLC,Carnival PLC,CD Projekt SA,Corbion NV,Dr Marten

6、s PLC,Galapagos NV,Gerresheimer AG,Orpea SA,Prosiebensat 1 Media SE,Quilter PLC,THG PLC,Vifor Pharma AG,Wizz Air Holdings PLC,Zur Rose Group AG.Universe breakdown by industry Industry#companies Communication Services 26 Consumer Discretionary 26 Consumer Staples 4 Financials 32 Health Care 53 Indust