etf.engine1.com
Open in
urlscan Pro
2606:4700:10::6816:16b8
Public Scan
Submitted URL: https://go.engine1.com/e/968153/netz/myfrq/333779283?h=5NEt93V0DHeE3jN5-oMtTPEjccvoxqCzyIyBrarBuDM
Effective URL: https://etf.engine1.com/netz/
Submission: On July 24 via api from US — Scanned from DE
Effective URL: https://etf.engine1.com/netz/
Submission: On July 24 via api from US — Scanned from DE
Form analysis
0 forms found in the DOMText Content
* ETFs * VOTE * NETZ * SUPP * Thinking * Engine No. 1 * ETFs * NETZ * VOTE * SUPP * Thinking * Engine No. 1 NETZ OWN THE TRANSITION TO NET ZERO. WITH FEWER THAN 200 COMPANIES ACCOUNTING FOR OVER 80% OF CORPORATE INDUSTRIAL GREENHOUSE GAS EMISSIONS, THERE IS NO PATH TO NET ZERO THAT DOESN’T GO DIRECTLY THROUGH THOSE COMPANIES.1 PARTICIPATE IN THE VALUE THAT CAN BE CREATED IN THIS TRANSITION. YASMIN DAHYA BILGER ON BLOOMBERG TV DISCUSSING ENGINE NO. 1 TRANSFORM CLIMATE ETF (TICKER: NETZ) Watch video Overview * Overview * Key facts * Characteristics * Performance * Portfolio * Premium discount * Distributions * Documents * Overview * Key facts * Characteristics * Performance * Portfolio * Premium discount * Distributions * Documents ENGINE NO. 1 TRANSFORM CLIMATE ETF PARTICIPATE IN TRANSFORMATION NETZ is an actively managed fund that aims to invest in companies that will drive and benefit from the energy transition. NETZ holds companies that have a strategy to create value on their path to net zero across multiple industries, including transportation, energy, and agriculture. Our strategy is rooted in: * Fundamental Analysis: NETZ is a concentrated active strategy, constructed with high-conviction positions in the industries that most need to decarbonize, including agriculture, energy, and transportation. We perform forensic, bottom-up, data-driven financial analysis and do not rely on traditional company rankings or indexing. * Total Value: NETZ takes a data-driven approach that puts a tangible value on a company’s sustainability metrics and risk and ties that impact to long-term value creation. * Active Ownership: Through the work we do as active owners, Engine No. 1 seeks to catalyze transformation where it’s needed and where a change in strategy or execution can release significant long-term value. TICKER NETZ NET ASSETS $115,022,539 As of 7/21/2023 TOTAL EXPENSE RATIO 0.75% NUMBER OF HOLDINGS* 27 As of 7/21/2023 *The holdings listed exclude cash, short-term instruments, and derivatives. Holdings are subject to change. The holdings listed should not be considered recommendations to purchase or sell a particular security. INCEPTION DATE 2/2/2022 KEY FACTS Primary ExchangeCboeReference BenchmarkMUMEXTGU CUSIP29287L205ISINUS29287L2051 CHARACTERISTICS FUND CHARACTERISTICS AS OF 7/21/2023 Net Assets$115,022,539NAV$52.76NAV Daily Change$-0.08Total Expense Ratio0.75%Shares Outstanding2,180,00030 - Day SEC Yield0.58%Distribution FrequencyQuarterly TRADING CHARACTERISTICS AS OF 7/21/2023 Market Price$52.8Premium / (Discount) – Daily0.06%30 Day Median Bid/Ask Spread0.09% 30 – Day SEC Yield: A standard calculation of yield introduced by the SEC in order to provide fairer comparison among funds. This yield reflects the interest earned after deducting the fund’s expenses during the most recent 30-day period by the average investor in the fund. Negative 30-Day SEC Yield results when accrued expenses of the past 30 days exceed the income collected during the past 30 days. PERFORMANCE AS OF 6/30/2023 Cumulative %Annualized %1 MO3 MO6 MOYTDSINCE INCEPTION1Y3Y5Y10YSINCE INCEPTIONMonth end as of 6/30/2023NAV8.665.4010.8810.886.0621.45---4.28Market Price8.785.5711.0111.016.2321.87---4.39Index6.858.4216.3316.33-1.7519.06----1.25Quarter end as of 6/30/2023NAV8.665.4010.8810.886.0621.45---4.28Market Price8.785.5711.0111.016.2321.87---4.39Index6.858.4216.3316.33-1.7519.06----1.25 Index refers to the Morningstar® US Market Extended TR USD Index℠. Index returns are calculated based on changes in closing index levels. An investor cannot invest directly in an index. NAV return represents the total return of the fund based on changes to the net assets and accounts for distributions from the fund. Market Price returns are calculated using the closing price and account for distributions from the fund. The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For the most recent month end performance please visit ETF.Engine1.com. PORTFOLIO AS OF 7/24/2023 TICKERNAMESHARESNET ASSET (%)MARKET VALUEWMWASTE MANAGEMENT INC58,7218.80%$10,124,087.61AMATAPPLIED MATERIALS INC73,5688.72%$10,034,675.20RSGREPUBLIC SERVICES INC58,2317.84%$9,022,893.45UNPUNION PACIFIC CORP39,6807.48%$8,601,830.40AIRAIRBUS SE /EUR/51,8606.75%$7,760,574.08GEGENERAL ELECTRIC CO61,5615.90%$6,792,025.13SAFSAFRAN SA /EUR/42,4455.82%$6,692,628.73WSCWILLSCOT MOBILE MINI HOLDING117,1714.89%$5,619,521.16CPCANADIAN PACIFIC KANSAS CITY64,8044.59%$5,276,989.72ROKROCKWELL AUTOMATION INC13,4303.94%$4,526,984.40 Download Holdings are subject to change. Cash, where shown, includes other assets and liabilities, such as payables and receivables. PREMIUM DISCOUNT AS OF 7/21/2023 MOST RECENT CALENDAR YEARPRIOR QUARTERCURRENT QUARTERYTDPREMIUM148421287DISCOUNT8120251 CHART Combination chart with 2 data series. View as data table, Chart The chart has 2 X axes displaying Time, and navigator-x-axis. The chart has 2 Y axes displaying values, and navigator-y-axis. ZoomView 1 monthQ1Q2View year to dateView 1 yearView all Created with Highcharts 11.1.003/202204/202205/202206/202207/202208/202209/202210/202211/202212/202201/202302/202303/202304/202305/202306/202307/2023Mar '22 Mar '22May '22 May '22Jul '22 Jul '22Sep '22 Sep '22Nov '22 Nov '22Jan '23 Jan '23Mar '23 Mar '23May '23 May '23Jul '23 Jul '23-0.20%0.00%0.20%-0.40%0.40%ZoomView 1 month1mQ13mQ26mView year to dateYTDView 1 year1yView allAll2 Feb 2022→21 Jul 2023 End of interactive chart. DISTRIBUTIONS EX-DATERECORD-DATEPAY-DATEINCOMELONG-TERM CAPITAL GAINSSHORT-TERM CAPITAL GAINSRETURN OF CAPITALOTHER / SPECIAL6/20/20236/21/20236/22/2023$0.196534$0.00$0.00$0.00$0.003/21/20233/22/20233/23/2023$0.039535$0.00$0.00$0.00$0.0012/20/202212/21/202212/22/2022$0.118850$0.00$0.00$0.00$0.009/20/20229/21/20229/22/2022$0.130247$0.00$0.00$0.00$0.006/21/20226/22/20226/23/2022$0.140010$0.00$0.00$0.00$0.003/22/20223/23/20223/24/2022$0.043694$0.00$0.00$0.00$0.00 DOCUMENTS Fact SheetDownloadQ2 2023 Performance CommentaryDownloadFiscal Year Q1 2023 Portfolio HoldingsDownloadFiscal Year Q3 2022 Portfolio HoldingsDownloadProspectusDownloadSAIDownload2023 Distribution ScheduleDownloadSemi-Annual ReportDownloadAnnual ReportDownloadEngine No. 1 Proxy Voting GuidelinesDownload YOUR VOTE, YOUR VOICE — ACTIVE OWNERSHIP IN ACTION. We aim to catalyze change. Our goal is to harness the power of investors to hold companies accountable for what we stand behind—like strengthening our workforce, restoring the climate, and increasing transparency. Learn more SEE OUR FULL VOTING HISTORY. Learn more 1. https://www.climateaction100.org/whos-involved/companies. Net zero means achieving a balance between the greenhouse gases emitted into the atmosphere and those that are removed from it. We believe that solving climate change requires investment in capital that gives investors the opportunity to play a meaningful and profitable role in transforming companies while also greening the planet. JOIN US Get updates from Engine No. 1 CONTACT US Email us to learn more. Email us MEDIA INQUIRIES For any media inquiries, please reach out to: media@engine1.com WORK WITH US Want to create the future? We’re looking for fellow builders and creators. Careers FOLLOW US Capitalism as we know it is evolving, follow the story. TwitterLinkedInYouTube -------------------------------------------------------------------------------- * Engine No. 1 * Email us * Terms & Conditions * Privacy Policy © 2023 Engine No. 1 LP. All rights reserved. Use of this website is governed by the User Agreement. The content contained on this website is provided to users “AS IS” without any express or implied warranty. For information on your privacy, please read our Privacy Policy. To learn more about Fund Management at Engine No. 1 LLC, please see our Form ADV. View top 10 holdings or standardized performance for VOTE or NETZ. Before investing you should carefully consider the fund’s investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained from etf.engine1.com. Please read the prospectus carefully before you invest. Shares of any exchange traded fund (ETF) are bought and sold at market price (not net asset value (NAV)), may trade at a discount or premium to NAV and are not individually redeemed from the Funds. Brokerage commissions will reduce returns. Definitions Basis point – A unit of measure, equal to 1/100th of 1%, or 0.01%. Beta – A measure of volatility showing how volatile stocks or funds are relative to their benchmark indices. A benchmark index has a fixed beta of 1. A stock or fund with a beta of more than 1 moves up and down more than the market, while the value of a stock or fund with a beta of less than 1 will fluctuate less than the market. Bloomberg 500 – Bloomberg US Large Cap Total Return Index is a float market-cap-weighted benchmark of the 500 most highly capitalized US companies. S&P 500 – The Standard and Poor’s 500, or simply the S&P 500, is a stock market index tracking the performance of 500 large companies listed on stock exchanges in the United States. Scope 3 emissions – Scope 3 emissions are indirect greenhouse gas emissions that result from the company’s operations. They include emissions that occur in both upstream and downstream components across the value chain. Investment Strategy and Performance The description of Engine No. 1’s investment strategy is intended to be representative but may be changed from time to time by Engine No. 1, and Engine No. 1 may alter the information at its discretion. Engine No. 1 intends to be focused and directed in the selection of opportunities to actively engage with portfolio companies of the Fund. Engine No. 1 intends to measure the investment made by companies in their employees, communities, customers and the environment, including through the use of financial, operational, and sustainability metrics. When Engine No. 1 engages in activism, such activities may not be successful or, even if successful, the Fund may incur additional costs or its investment may still lose value. In addition, while Engine No. 1 intends to seek opportunities to employ its active ownership beliefs, restrictions, corporate policies, regulatory and fiduciary concerns may limit the nature and extent of engagement under certain circumstances and such activities may not be successful. The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Risk Considerations Investing involves risk, including the possible loss of principal. Funds have different risk profiles, objectives, and expenses, which should be considered when investing. All investments contain risk and may lose value. Investing in securities and other financial instruments entails substantial risk, including the possible loss of principal. The investment opportunities discussed or referenced herein may not be suited for all investors, and potential investors must make an independent assessment of the appropriateness of any investment opportunity in light of their own objectives and circumstances, including the possible risk and benefits of entering into such an investment opportunity. References to other securities are not an offer to buy or sell. The information contained herein is not complete, may change and is subject to, and qualified in its entirely by, the more complete disclosures, risk factors and other information contained in the Fund prospectus. The information is furnished as of the date shown. No representation is made with respect to its completeness or timeliness. This information is not intended to be, nor shall it be construed as, investment advice or a recommendation of any kind. Certain information has been obtained from third party sources and, although believed to be reliable, has not been independently verified and its accuracy or completeness cannot be guaranteed. Economic, political, legislative and regulatory developments or even pandemics may occur that significantly affect certain sectors. These may cause the Funds’ NAV to fluctuate more and have a greater impact on the Funds’ performance. Engine No. 1 Transform 500 ETF (VOTE) is not actively managed, and Fund Management at Engine No. 1 LLC (the Adviser) generally does not attempt to take defensive positions under any market conditions, including declining markets. This Fund may be subject to tracking error, which is defined as the divergence of the Fund’s performance from that of the underlying index. At any given time, the Fund can have exposure to derivative instruments. A strategy or emphasis on sustainability may limit the investment opportunities available to a portfolio. Therefore, the portfolio may underperform or perform differently than other portfolios that do not have a sustainability investment focus. Please see the prospectus for a full list of Fund risks. Engine No. 1 Transform Climate ETF (NETZ) is actively managed and may be susceptible to an increased risk of loss, including losses due to adverse events that affect the Funds’ investments more than the market as a whole, to the extent that the Funds’ investments are concentrated in the securities of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. Shares are subject to the risks of an investment in a portfolio of equity securities in an industry or group of industries in which each Fund invests. Investments in emerging market countries may be subject to greater risks than investments in developed countries. The Funds may purchase and write put and call options on futures contracts that are traded on an exchange as a hedge against changes in value of its portfolio securities, or in anticipation of the purchase of securities, and may enter into closing transactions with respect to such options to terminate existing positions. There is no guarantee that such closing transactions can be effected. Engine No. 1 Transform 500 ETF is a diversified management investment company and Transform Climate ETF is a non-diversified management investment company under the Investment Company Act of 1940. Diversification does not assure a profit or protect against a loss in a declining market. It’s not possible to invest in an index. An outbreak of an infectious respiratory illness, COVID-19, has resulted in significant economic impacts. Other infectious illness outbreaks in the future may result in similar or other impacts. Engine No. 1 may consider any sustainability factors as core to its investment process but its specific focus for the Transform Climate ETF will be on the environmental factors most relevant to climate change. Engine No. 1 intends to incorporate sustainability insights and analysis to ultimately drive financial and operational performance however there is no guarantee that this strategy will be achieved, and such assessment is at Engine No. 1’s discretion. Engine No. 1 does not use sustainability ratings or rankings to exclude specific companies, but instead uses its own proprietary analysis to attempt to make better informed decisions. The Transform Climate ETF may forgo certain investment opportunities that do not meet Engine No. 1’s criteria and results may be lower than other funds that use different or no sustainability criteria to screen out certain companies or industries. Engine No. 1 Transform Supply Chain ETF (SUPP) is subject to the following risks: Supply Chain Risks. Companies supply chains are generally subject to risk such as legislative or regulatory changes; adverse market conditions and/or increased competition; technological developments and changing technology; cyberattacks that may compromise a company’s operations or business; occasional sharp price movements which may result from changes in the economy, fuel prices, labor agreements, exchange rate movements, and insurance costs; pandemics, natural disasters or other crisis; boarder and/or import controls; pent-up /increased demand; mobility restrictions; shortages of product and labor; dependence on intellectual property rights, and potential loss or impairment of those rights; research and development costs; and rapid product obsolescence. Global, regional, or local events, such as changes to trade relations, trade restrictions, and/or military conflict, may materially disrupt or indefinitely impair the operations of these companies. Activism Risk. An activist investor uses an equity stake in a corporation to put public pressure on a company’s management team and board in order to achieve certain objectives such as the increase of shareholder value through changes in corporate policy or financing structure, or reduction of expenses. Non-Diversification Risk. The Fund is considered to be non-diversified, which means that it may invest more of its assets in the securities of a single issuer or a smaller number of issuers than if it were a diversified fund. Limited History of Operations Risk. The Fund is a new fund with no history of operations for investors to evaluate. Emerging Markets Risk Investments in securities and instruments traded in developing or emerging markets, or that provide exposure to such securities or markets, can involve additional risks relating to political, economic, or regulatory conditions not associated with investments in U.S. securities and instruments. Sustainability Investing Strategy Risk. The Fund intends to incorporate the Adviser’s sustainability investment insights and analysis into its portfolio construction process. The Fund may forgo certain investment opportunities if certain companies and industries that do not meet the Adviser’s criteria. The Fund’s results may be lower than other funds that use different sustainability criteria to screen out certain companies or industries. Concentration Risk. The Fund may be susceptible to an increased risk of loss, to the extent that the Fund’s investments are concentrated in the securities and/or other assets of a particular issuer or issuers, country, group of countries, region, market, industry, group of industries, sector or asset class. Please read the prospectus for additional risks. Legal Disclaimers This website may contain forward-looking statements, which reflect Engine No. 1’s current views with respect to, among other things, Engine No. 1’s operations and performance. You can identify these forward-looking statements by the use of words such as “anticipate”, “approximately”, “believe”, “continue”, “estimate”, “expect”, “intend”, “may”, “outlook”, “plan”, “potential”, “predict”, “seek”, “should”, or “will”, or the negative version of these words or other comparable words. Forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Engine No. 1 undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. The Morningstar® US Market Extended TR USD Index℠ is a service mark of Morningstar, Inc. and has been licensed for use for certain purposes by Engine No. 1. The Engine No. 1 Transform Climate ETF is not sponsored, endorsed, sold or promoted by the Morningstar, Inc. or any of its affiliates (all such entities, collectively, “Morningstar Entities”). The Morningstar Entities make no representation or warranty, express or implied, to the owners of the Engine No. 1 Transform Climate ETF or any member of the public regarding the advisability of investing in exchange traded funds generally or in the Engine No. 1 Transform Climate ETF in particular or the ability of the Morningstar® US Market Extended TR USD Index℠ to track general equity market performance. It’s not possible to invest in an index. The Morningstar® US Large Cap Select Index™ are service marks of Morningstar, Inc. and have been licensed for use for certain purposes by the Adviser. The Engine No. 1 Transform VOTE ETF is not sponsored, endorsed, sold or promoted by the Morningstar, Inc. or any of its affiliates (all such entities, collectively, “Morningstar Entities”). The Morningstar Entities make no representation or warranty, express or implied, to the owners of The Engine No. 1 Transform VOTE ETF or any member of the public regarding the advisability of investing in exchange traded funds generally or in the Fund in particular or the ability of the Fund to track general exchange traded funds’ market performance. THE MORNINGSTAR ENTITIES EXPRESSLY DISCLAIM ANY WARRANTY AROUND THE ACCURACY, COMPLETENESS AND/OR TIMELINESS OF THE ENGINE NO. 1 TRANSFORM 500 ETF OR ANY DATA INCLUDED THEREIN AND MORNINGSTAR ENTITIES SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, OR INTERRUPTIONS THEREIN. NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE The Fund is advised by Fund Management at Engine No. 1 LLC. Distributed by Foreside Financial Services, LLC. GET UPDATES FROM ENGINE NO. 1 We’re building from the ground up. Learn more about our work and how to get involved. Important Disclosures Any data collected will be processed according to Engine No. 1’s Privacy Policy, which can be found here. This material is provided for general informational purposes only and is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Access to this material may be restricted in certain counties and persons who access it are required to inform themselves of, and to comply with, any such restrictions. This material is not intended to be published or made available to any person in any jurisdiction where doing so would contravene any applicable laws or regulations. By accessing this material you confirm that you are aware of the laws in your own jurisdiction relating to the provision and sale of investment management services and products and you warrant and represent that you will not pass on or utilize the information contained in this website in a manner that could constitute a breach of such laws by Engine No 1 or any other person. Engine No. 1 is registered as an investment adviser with the U.S. Securities and Exchange Commission (the "SEC"). Registration with the SEC or with any state securities authority does not imply a certain level of skill or training. Under no circumstances should any information or materials provided be used or construed as an offer to sell, or a solicitation of an offer to buy, any securities, financial instruments, investments or other services. All investments contain risk and may lose value. Investing in securities and other financial instruments entails substantial risk, including the possible loss of principal. The investment opportunities discussed or referenced in the materials may not be suited for all investors, and potential investors must make an independent assessment of the appropriateness of any investment opportunity in light of their own objectives and circumstances, including the possible risk and benefits of entering into such an investment opportunity. References to securities are not an offer to buy or sell. Information is furnished as of the date shown. No representation is made with respect to its completeness or timeliness. This information is not intended to be, nor shall it be construed as, investment advice or a recommendation of any kind. Certain information obtained from third party sources, although believed to be reliable, has not been independently verified and its accuracy or completeness cannot be guaranteed. Materials may contain forward-looking statements, which reflect Engine No. 1’s current views with respect to, among other things, Engine No. 1’s operations and performance. You can identify these forward-looking statements by the use of words such as “anticipate”, “approximately”, “believe”, “continue”, “estimate”, “expect”, “intend”, “may”, “outlook”, “plan”, “potential”, “predict”, “seek”, “should”, or “will”, or the negative version of these words or other comparable words. Forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Engine No. 1 undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. Copyright © 2023 Engine No. 1. All Rights Reserved. READ THE TOTAL VALUE FRAMEWORK WHITEPAPER Learn how our research-backed approach goes beyond traditional ESG investing strategies to maximize returns and impact. Important Disclosures Any data collected will be processed according to Engine No. 1’s Privacy Policy, which can be found here. This material is provided for general informational purposes only and is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Access to this material may be restricted in certain counties and persons who access it are required to inform themselves of, and to comply with, any such restrictions. This material is not intended to be published or made available to any person in any jurisdiction where doing so would contravene any applicable laws or regulations. By accessing this material you confirm that you are aware of the laws in your own jurisdiction relating to the provision and sale of investment management services and products and you warrant and represent that you will not pass on or utilize the information contained in this website in a manner that could constitute a breach of such laws by Engine No 1 or any other person. Engine No. 1 is registered as an investment adviser with the U.S. Securities and Exchange Commission (the "SEC"). Registration with the SEC or with any state securities authority does not imply a certain level of skill or training. Under no circumstances should any information or materials provided be used or construed as an offer to sell, or a solicitation of an offer to buy, any securities, financial instruments, investments or other services. All investments contain risk and may lose value. Investing in securities and other financial instruments entails substantial risk, including the possible loss of principal. The investment opportunities discussed or referenced in the materials may not be suited for all investors, and potential investors must make an independent assessment of the appropriateness of any investment opportunity in light of their own objectives and circumstances, including the possible risk and benefits of entering into such an investment opportunity. References to securities are not an offer to buy or sell. Information is furnished as of the date shown. No representation is made with respect to its completeness or timeliness. This information is not intended to be, nor shall it be construed as, investment advice or a recommendation of any kind. Certain information obtained from third party sources, although believed to be reliable, has not been independently verified and its accuracy or completeness cannot be guaranteed. Materials may contain forward-looking statements, which reflect Engine No. 1’s current views with respect to, among other things, Engine No. 1’s operations and performance. You can identify these forward-looking statements by the use of words such as “anticipate”, “approximately”, “believe”, “continue”, “estimate”, “expect”, “intend”, “may”, “outlook”, “plan”, “potential”, “predict”, “seek”, “should”, or “will”, or the negative version of these words or other comparable words. Forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Engine No. 1 undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. Copyright © 2023 Engine No. 1. All Rights Reserved. MOBILITY BECOMES ELECTRIC The Role of Automotive Original Equipment Manufacturers (OEMs) in Fast-Tracking the Battery-Electric-Vehicle Future Important Disclosures Any data collected will be processed according to Engine No. 1’s Privacy Policy, which can be found here. This material is provided for general informational purposes only and is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. Access to this material may be restricted in certain counties and persons who access it are required to inform themselves of, and to comply with, any such restrictions. This material is not intended to be published or made available to any person in any jurisdiction where doing so would contravene any applicable laws or regulations. By accessing this material you confirm that you are aware of the laws in your own jurisdiction relating to the provision and sale of investment management services and products and you warrant and represent that you will not pass on or utilize the information contained in this website in a manner that could constitute a breach of such laws by Engine No 1 or any other person. Engine No. 1 is registered as an investment adviser with the U.S. Securities and Exchange Commission (the "SEC"). Registration with the SEC or with any state securities authority does not imply a certain level of skill or training. Under no circumstances should any information or materials provided be used or construed as an offer to sell, or a solicitation of an offer to buy, any securities, financial instruments, investments or other services. All investments contain risk and may lose value. Investing in securities and other financial instruments entails substantial risk, including the possible loss of principal. The investment opportunities discussed or referenced in the materials may not be suited for all investors, and potential investors must make an independent assessment of the appropriateness of any investment opportunity in light of their own objectives and circumstances, including the possible risk and benefits of entering into such an investment opportunity. References to securities are not an offer to buy or sell. Information is furnished as of the date shown. No representation is made with respect to its completeness or timeliness. This information is not intended to be, nor shall it be construed as, investment advice or a recommendation of any kind. Certain information obtained from third party sources, although believed to be reliable, has not been independently verified and its accuracy or completeness cannot be guaranteed. Materials may contain forward-looking statements, which reflect Engine No. 1’s current views with respect to, among other things, Engine No. 1’s operations and performance. You can identify these forward-looking statements by the use of words such as “anticipate”, “approximately”, “believe”, “continue”, “estimate”, “expect”, “intend”, “may”, “outlook”, “plan”, “potential”, “predict”, “seek”, “should”, or “will”, or the negative version of these words or other comparable words. Forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. Engine No. 1 undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise. Copyright © 2023 Engine No. 1. All Rights Reserved. YOU ARE LEAVING THIS WEBSITE. By clicking the Continue button below, you will be connected to a website maintained by a third party, and you acknowledge and agree to the following: We do not control the content on the third-party website; we do not guarantee any claims made on it; nor do we endorse the website, its sponsor, or any of the content, policies, activities, products or services offered on the website or by any advertiser on the site. We disclaim any responsibility for the website’s performance or interaction with your computer, its security and privacy policies and practices, and any consequences that may result from visiting it. The link is not intended to create an offer to sell, or a solicitation of an offer to buy or hold, any securities. Go Back Continue PRIVACY PREFERENCE CENTER When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. More information Allow All MANAGE CONSENT PREFERENCES STRICTLY NECESSARY COOKIES Always Active These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information. PERFORMANCE COOKIES Performance Cookies These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. FUNCTIONAL COOKIES Functional Cookies These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly. TARGETING COOKIES Targeting Cookies These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising. Back Button PERFORMANCE COOKIES Search Icon Filter Icon Clear checkbox label label Apply Cancel Consent Leg.Interest checkbox label label checkbox label label checkbox label label Reject All Confirm My Choices By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. You have the right to withdraw your consent at any time. Cookies Settings Reject All Accept All Cookies PRIVACY PREFERENCE CENTER When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalized web experience. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer. More information Allow All MANAGE CONSENT PREFERENCES STRICTLY NECESSARY COOKIES Always Active These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information. PERFORMANCE COOKIES Performance Cookies These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance. FUNCTIONAL COOKIES Functional Cookies These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly. TARGETING COOKIES Targeting Cookies These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising. Back Button PERFORMANCE COOKIES Search Icon Filter Icon Clear checkbox label label Apply Cancel Consent Leg.Interest checkbox label label checkbox label label checkbox label label Reject All Confirm My Choices