GM Overseas Equity Pension Fund Fund Factsheet December 2018

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1 This factsheet has been produced to provide information for Trustees of Aviva's Group Managed Funds and their advisers only. It should not be distributed to, or relied upon by other retail clients. Investment Objective The fund aims to achieve capital growth over the medium to long term. The fund consists principally of investment in equities in all economic sectors and from all parts of the world except the UK. The fund may also invest in convertibles, warrants and other collective investment schemes. Annual Management Charge: 0.40% Sector: ABI Europe excluding UK Equities SEDOL Code: MEX ID: SNGPIE Please see the description of SEDOL and MEXID codes on the next page. Fund Information (as at 31/12/2018) Launch date 30/10/1981 Benchmark 30% FTSE W Americas TR 40% FTSE W Europe (excl. UK) TR 15% FTSE W Japan TR 15% FTSE W Asia Pacific (excl Japan) TR Fund size ( m) 3.35 Fund Risk Rating* 5 Special Risk Warnings*** A, B, C, D * The risk rating has been determined by Aviva. Sector Allocation for GM Overseas Equity (as at 28/09/2018) Financials 22.3 Technology 19.6 Consumer Services 15.7 Industrials 10.9 Consumer Goods 7.5 Oil & Gas 6.2 Basic Materials 6.1 Health Care 5.2 Others 2.8 Money Markets 3.7 May not add up to 100% due to rounding and other adjustments. Asset Allocation for GM Overseas Equity (as at 28/09/2018) No Data Available 0.0 May not add up to 100% due to rounding and other adjustments.

2 Principal Holdings for GM Overseas Equity (as at 28/09/2018) 1. Roche Holding AG 1.8% 6. Siemens AG 1.2% 2. Amazon.com Inc 1.8% 7. salesforce.com inc 1.2% 3. Samsung Electronics Co Ltd 1.7% 8. Nestle SA 1.1% 4. Allianz SE 1.4% 9. NVIDIA Corp 1.1% 5. SAP SE 1.2% 10. Zurich Insurance Group AG 1.0% Discrete net performance of the to end of December 2018 (31/12/17-31/12/18) (31/12/16-31/12/17) (31/12/15-31/12/16) (31/12/14-31/12/15) (31/12/13-31/12/14) % growth -8.0% 12.6% 24.7% 3.8% 6.9% Cumulative performance of the to end of December year 2 years 3 years 5 years 10 years % growth -8.0% 3.6% 29.2% 43.4% 128.6% Please be aware that past performance is not a guide for future performance. The value of units may fall as well as rise and is not guaranteed. Policyholders may get back less than they invest. Fund information and performance figures are compiled using data sourced by FE (formerly Financial Express) Further Information Sector - Aviva funds and (where applicable) the underlying funds they invest in, are classified into sectors, ensuring that funds operating similar investment strategies are grouped together and can be compared on a like for like basis. Benchmark Where available, is a measure (or measures) against which fund performance may be assessed. MEXID - a unique code for funds registered with Interactive Data. SEDOL (Stock Exchange Daily Official List) - a unique code to identify securities registered with the London Stock Exchange. Performance and Pricing Information This fund is made available by Aviva only and may purchase assets (such as shares or bonds) or units in other funds. Where a Aviva fund invests in a single third party fund, we refer to the third party fund as the underlying fund. The fund is dual priced meaning that there is a separate price for buying and selling units. Performance is calculated on a offer-offer basis which reflects the selling price at which the underlying assets can be sold. Past performance figures may be discrete or cumulative. Discrete performance is on a yearly basis and is shown to the end of the last calendar quarter. Cumulative performance is totalled and shown over various periods to the end of the last month available. Although we take every care to ensure that the data provided by, or to, external sources about funds is accurate, occasionally discrepancies may occur for example due to pricing delays. In all cases we will endeavour to ensure that these discrepancies are corrected at the earliest opportunity. We accept no liability for loss due to such discrepancies, for example where the investor has relied on the information contained in the individual fund factsheet to help them make investment decisions. Information about charges Charges are taken to pay for the fund management, policy administration and any other costs reasonably incurred. The performance figures shown are net of the Annual Management Charge (AMC).

3 Continued from previous page This charge is shown in the first box on page 1.This AMC applies to investment units in this fund. Aviva reserve the right to revise charges in line with your Terms and Conditions. There are additional charges related to buying, selling and switching of units. Details of these can be found in the Technical Information for Trustees leaflet. Restrictions on transactions In order to protect existing policyholders, Aviva reserves the right to either defer or to spread encashments of units over more than one dealing day. We intend to apply this right where units are sold other than to provide immediate benefits for individual members, except as otherwise provided by Aviva, where the sale from any fund exceeds 1,000,000 ( 250,000 in respect of the FL GM Property Pension Fund). In the case of deferment, this would be to the next but one dealing day after receipt by Aviva of the signed authorisation. Where encashments are spread over dealing days this period would normally not exceed twelve months. Any decision in this respect will be at Aviva discretion and will be communicated to Trustees prior to the dealing day.

4 Introduction to Risk Rating Aviva calculates its risk ratings using historical performance data, based upon the methods set by European Union rules. We also carry out further research using information from the underlying fund s investment manager(s). We review each fund s risk rating annually and it may change over time. The timing of your investment decisions is very important and you should consult a financial adviser. Past performance is not a guarantee of future performance. Our risk ratings go from 1 to 7, with 1 being the lowest and 7 the highest. As a point of reference, a fund with a risk rating of 4 (medium volatility) would typically experience the volatility you would expect from a fund invested in a range of different types of investment (for example shares, property and bonds) without any bias to a particular investment type. 1. The historical performance of funds with this risk rating has typically experienced the lowest volatility of all the funds Aviva has rated. This means that these funds have the lowest potential for substantial changes in value compared with other Aviva funds. 2. The historical performance of funds with this risk rating has typically experienced low volatility compared with other funds Aviva has rated. This means that these funds have a low potential for substantial changes in value compared with other Aviva funds. 3. The historical performance of funds with this risk rating has typically experienced low to medium volatility compared with other funds Aviva has rated. This means that these funds have a low to medium potential for substantial changes in value compared with other Aviva funds. 4. The historical performance of funds with this risk rating has typically experienced medium volatility compared with other funds Aviva has rated. This means that these funds have a medium potential for substantial changes in value compared with other Aviva funds. 5. The historical performance of funds with this risk rating has typically experienced medium to high volatility compared with other funds Aviva has rated. This means that these funds have a medium to high potential for substantial changes in value compared with other Aviva funds. 6.The historical performance of funds with this risk rating has typically experienced high volatility compared with other funds Aviva has rated. This means that these funds have a high potential for substantial changes in value compared with other Aviva funds. 7. The historical performance of funds with this risk rating has typically experienced the highest volatility of all the funds Aviva has rated. This means that these funds have the highest potential for substantial changes in value compared with other Aviva funds. Special Risk Warnings Some funds carry particular risks because of the type of asset and/or area of the world they invest in. Below is a list of all the risk warnings that apply to this fund. A General Investment is not guaranteed: The value of an investment is not guaranteed and can go down as well as up. You could get back less than you have paid in. Specialist funds: Some funds invest only in a specific or limited range of sectors and this will be set out in the fund s aim.

5 Continued from previous page These funds may carry more risk than funds that can invest across a broader range or a variety of sectors. Suspend trading: Fund managers have the ability, in certain circumstances, to suspend trading in their funds for as long as necessary. When this occurs we will need to delay the cashing in or switching of units in the relevant fund. You may not be able to access your money during this period. Derivatives: Derivatives are financial contracts whose value is based on the prices of other assets. Most funds can invest in derivatives for the purpose of managing the fund more efficiently or reducing risk. Some funds also use derivatives to increase potential returns, known as speculation. For those funds we apply an additional risk warning (see Risk F). B - Foreign Exchange Risk: When funds invest in overseas assets the value will go up and down in line with movements in exchange rates as well as the changes in value of the fund s holdings. C - Emerging Markets: Where a fund invests in emerging markets, its value is likely to move up and down by large amounts and more frequently than one that invests in developed markets. These markets may not be as strictly regulated and securities may be harder to buy and sell than those in more developed markets. These markets may also be politically unstable which can result in the fund carrying more risk. D - Smaller Companies: Where a fund invests in the shares of smaller companies, its value is likely to move up and down by large amounts and more frequently than one that invests in larger company shares. The shares can also be more difficult to buy and sell, so smaller companies funds can carry more risk. Aviva Life and Pensions UK Limited Aviva Life & Pensions UK Limited. Registered in England No Registered office: Wellington Row, York, YO90 1WR. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Firm Reference Number