Mondrian Investment Partners LTD

Quarter-over-quarter position changes

Action	Company	Quarter ↓	Δ shares	Δ %	Held after	Flow	Impact
Trimmed	Yum China Holdings, Inc.YUMC	Mar 31, 2026	-5,496,699	-70%	2,357,499	$2.12B	high
Trimmed	Qnity Electronics, Inc.	Mar 31, 2026	-692,795	-95%	37,378	$79.93M	high
Trimmed	TAIWAN SEMICONDUCTOR MANUFACTURING CO LTDTSM	Mar 31, 2026	-215,047	-77%	64,620	$72.68M	high
Added	Sony Group CorpSONY	Mar 31, 2026	+3,291,764	+38%	11,975,861	$69.13M	high
Added	Workday Inc	Mar 31, 2026	+522,139	+566%	614,358	$67.84M	high
Trimmed	CREDICORP LTD.	Mar 31, 2026	-152,606	-61%	98,773	$51.76M	high
Added	MICROSOFT CORP	Mar 31, 2026	+136,164	+49%	416,425	$50.40M	high
Trimmed	37733W204	Mar 31, 2026	-819,545	-14%	4,987,393	$45.23M	medium
Trimmed	PETROLEO BRASILEIRO S.A. PETROBRAS	Mar 31, 2026	-1,550,286	-12%	11,104,808	$32.17M	medium
Trimmed	LABCORP HOLDINGS INC.	Mar 31, 2026	-112,750	-96%	4,415	$30.08M	medium
Trimmed	iShares MSCI UAE ETF	Mar 31, 2026	-707,388	-86%	112,251	$28.12M	medium
Added	SANOFI	Mar 31, 2026	+544,717	+12%	5,040,065	$26.24M	medium
Trimmed	05964H105	Mar 31, 2026	-2,281,932	-9.3%	22,332,642	$25.74M	medium
Added	HDFC BANK LTDHDB	Mar 31, 2026	+975,575	+71%	2,340,619	$24.27M	medium
Trimmed	Vale S.A.VALE	Mar 31, 2026	-1,451,537	-13%	9,968,420	$23.09M	medium
Trimmed	539439109	Mar 31, 2026	-4,116,862	-7.4%	51,869,580	$20.71M	medium
Trimmed	DuPont de Nemours, Inc.	Mar 31, 2026	-433,346	-16%	2,362,377	$19.85M	medium
Added	Full Truck Alliance Co. Ltd.YMM	Mar 31, 2026	+1,848,514	+33%	7,397,162	$15.34M	medium
Trimmed	Alphabet Inc.	Mar 31, 2026	-53,157	-8.3%	586,967	$15.29M	medium
Trimmed	TEXAS INSTRUMENTS INC	Mar 31, 2026	-73,769	-8.8%	765,085	$14.32M	medium
Trimmed	iShares MSCI UAE ETF	Mar 31, 2026	-698,573	-99%	8,654	$13.03M	medium
Added	UNITEDHEALTH GROUP INC	Mar 31, 2026	+45,418	+15%	345,770	$12.29M	medium
Added	FISERV INC	Mar 31, 2026	+206,878	+27%	979,542	$11.54M	medium
Added	THERMO FISHER SCIENTIFIC INC.	Mar 31, 2026	+21,269	+7.1%	319,001	$10.45M	medium
Trimmed	L3HARRIS TECHNOLOGIES, INC. /DE	Mar 31, 2026	-29,401	-15%	171,286	$10.15M	medium
Added	06849F108	Mar 31, 2026	+243,699	+29%	1,092,432	$9.94M	medium
Added	Salesforce Inc	Mar 31, 2026	+50,661	+9.1%	605,650	$9.46M	medium
Exited	CHUNGHWA TELECOM CO LTDCHT	Mar 31, 2026	-226,153	-100%	0	$9.43M	medium
Trimmed	48268K101	Mar 31, 2026	-288,892	-9.8%	2,663,200	$6.20M	medium
Trimmed	DOLLAR TREE, INC.	Mar 31, 2026	-42,140	-4.0%	1,014,669	$4.61M	low
Trimmed	HONDA MOTOR CO LTDHMC	Mar 31, 2026	-190,789	-4.3%	4,200,912	$4.58M	low
Trimmed	Joint Stock Co Kaspi.kzKSPI	Mar 31, 2026	-58,657	-12%	432,689	$4.34M	low
Added	464287465	Mar 31, 2026	+43,367	+5.2%	874,962	$4.21M	low
Trimmed	Bank of New York Mellon Corp/The	Mar 31, 2026	-34,916	-84%	6,515	$4.14M	low
Trimmed	Merck & Co., Inc.	Mar 31, 2026	-28,705	-1.8%	1,581,527	$3.45M	low
Trimmed	SCHWAB CHARLES CORP	Mar 31, 2026	-28,044	-1.6%	1,717,378	$2.64M	low
Trimmed	500472303	Mar 31, 2026	-96,106	-1.2%	7,797,122	$2.63M	low
Added	WPP plc	Mar 31, 2026	+164,692	+5.1%	3,404,911	$2.56M	low
Trimmed	EXXON MOBIL CORP	Mar 31, 2026	-13,388	-2.0%	647,827	$2.27M	low
Trimmed	110448107	Mar 31, 2026	-36,125	-1.0%	3,708,963	$2.11M	low
Trimmed	Prologis Inc	Mar 31, 2026	-15,032	-1.6%	943,612	$1.99M	low
Trimmed	Meta Platforms Inc	Mar 31, 2026	-3,435	-1.9%	182,036	$1.97M	low
Trimmed	WELLS FARGO & COMPANY/MN	Mar 31, 2026	-23,297	-1.8%	1,258,730	$1.85M	low
Trimmed	055622104	Mar 31, 2026	-39,113	-0.8%	4,599,385	$1.84M	low
Trimmed	SYSCO CORP	Mar 31, 2026	-25,315	-1.4%	1,825,514	$1.81M	low
Trimmed	BANK OF AMERICA CORP /DE	Mar 31, 2026	-35,298	-1.6%	2,140,103	$1.72M	low
Trimmed	CDW Corp	Mar 31, 2026	-12,861	-1.6%	779,177	$1.56M	low
Trimmed	Kenvue Inc.	Mar 31, 2026	-86,247	-1.5%	5,687,011	$1.49M	low
Trimmed	NNN REIT, INC.	Mar 31, 2026	-29,910	-1.7%	1,766,273	$1.26M	low
Trimmed	921943858	Mar 31, 2026	-17,933	-60%	11,985	$1.15M	low