Aureos South-East Asia Fund II

The Fund invests in medium-sized companies in Thailand, Indonesia, the Philipines and Vietnam, besides in Malaysia and Singapore without Norfund's participation. Fund management was transferred to Actis in June 2019, following the corporate collapse of Abraaj Capital in the wake of financial irregularities (not directly involving this Fund).

Norfund was excused from the following investments, for geographic reasons:

Orca Global (fully) PS Gourmet (fully) Ninja Logistics (fully) Swift (except for the roll-up of the Fund's prior investment in Crosslands in Swift, leaving Norfund with a highly diluted exposure of only about 0.2% in Swift).