Responsible Investments Report 2025

Responsible Investment approach

20

Sustainable Stars Equity Funds

Towards Sustainability Label27

Label ISR28

Nordea 1 – European Small and Mid-Cap Sustainable Stars Equity Fund Nordea 1 – Emerging Sustainable Stars Equity Fund Nordea 1 – North American Sustainable Stars Equity Fund Nordea 1 – Nordic Sustainable Stars Equity Fund Nordea 1 – Global Sustainable Stars Equity Fund Nordea 1 – European Sustainable Stars Equity Fund Nordea 1 – Asian Sustainable Stars Equity Fund Nordea 1 – Emerging Sustainable Stars ex China Equity Fund Sustainable Stars Fixed Income Funds Nordea 1 – European High Yield Sustainable Stars Bond Fund Nordea 1 – European Corporate Sustainable Stars Bond Fund Nordea 1 – Global High Yield Sustainable Stars Bond Fund Nordea 1 – North American High Yield Sustainable Stars Bond Fund Nordea 1 – US Corporate Sustainable Stars Bond Fund Sustainable Thematic Nordea 1 – Global Climate and Environment Fund Nordea 1 – Global Social Empowerment Fund Nordea 1 – Global Impact Fund Nordea 1 – Global Sustainable Real Assets Fund Nordea 1 – European Corporate Sustainable Labelled Bond Fund Nordea 1 – European Sustainable Labelled Bond Fund Nordea 2 – Global Edge Sustainable Equity Fund Nordea 1 – European High Yield Sustainable Climate Bond Fund

Engagement Focus

Nordea 1 – Global Climate Transition Engagement Fund

BetaPlus Enhanced Sustainable Nordea 2 – BetaPlus Enhanced Swedish Sustainable Equity Fund Nordea 2 – BetaPlus Enhanced Japanese Sustainable Equity Fund Nordea 2 – BetaPlus Enhanced Global Sustainable Equity Fund Nordea 2 – BetaPlus Enhanced Emerging Markets Sustainable Equity Fund Nordea 2 – BetaPlus Enhanced European Sustainable Equity Fund Nordea 2 – BetaPlus Enhanced North American Sustainable Equity Fund Nordea 2 – BetaPlus Enhanced Global Sustainable Small Cap Equity Fund Nordea 2 – BetaPlus Enhanced Global Developed Sustainable Equity Fund

27) The Towards Sustainability label ensures that a minimum yet ambitious level of sustainability is achieved and that the product has under- gone an independent sustainability audit. It also requires the portfolio manager to be transparent about the specific implementation of its sustainability policy. Detailed information on the label and its methodology is available at: https://towardssustainability.be/. The label was awarded in April 2026 and is valid for two years. NAM pays fees to maintain these labels. 28) Label ISR is created and supported by the French Finance Ministry. Its purpose is to allow savers, as well as professional investors, to distinguish investment funds that implement a robust socially responsible investment (SRI) methodology, resulting in measurable and concrete outcomes. SRI is an approach that aims to apply the principles of sustainable development to investments. Detailed information on the label and the methodology can be found here: https://www.lelabelisr.fr/. The label was received April 2025 and is valid for two years. NAM pays fees to maintain these labels.

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