Substantial shareholdings

As at 1 February 2019, the Company had been notified, in accordance with chapter 5 of the Disclosure and Transparency Rules, of the following voting rights as a shareholder of the Company.

Shareholder

Holding

% Voting rights

Generation Investment Management

6,532,248

20.08

Schroder Investment Management

3,744,131

11.51

Impax Asset Management

2,910,646

8.95

Sterling Strategic Valuation Fund

2,286,175

7.03

Aberforth Partners

2,250,306

6.92

Financiere de l’Echiquier

1,922,321

5.91

GVQ Investment Management

1,215,550

3.74

AXA Investment Management

1,109,079

3.41

Blackmoor Investment Partners

1,073,752

3.40