the purpose of this contract, which will comprise six lots corresponding respectively to six types of Financial Management Mandate, is to select twenty-one (21) duly approved management companies to carry out discretionary management on behalf of the erafp

Lot 1 will focus on the index management of a portfolio of financial instruments composed of euro area equities.

The Benchmark selected for lot 1 is the "erafp sri Index on msci emu" index calculated by MSCI Barra, (or any equivalent index that may replace it in the event of an event affecting this index), meeting the specific needs of the erafp.

Lot 2 will focus on the index management of a portfolio of financial instruments composed of euro area equities.

The Benchmark selected for lot 2 is the index "Scibeta Eurozone SRI crb efficient msr ctb index" established by the company Scientific Beta, or any equivalent index that may replace it in the event of an event affecting this index, meeting the specific needs of the erafp.

Lot 3 will focus on the fundamental non-benchmarked management of a portfolio of financial instruments composed of listed mid- and large-cap shares in the Euro area.

The management objective will be to obtain a performance superior to that of the performance comparison index used for lot 3, namely the index "erafp sri Index on msci emu" net dividends reinvested, or any other index that may be substituted in the event of an event affecting this index and which will have characteristics similar to this index. No tracking error limit will be set in relation to the index.

Lot 4 will focus on the fundamental non-benchmarked management of a portfolio composed of listed stocks of mid and large caps Europe.

The management objective will be to obtain a performance superior to that of the performance comparison index used for lot 4, namely the "msci europe index" reinvested net dividends expressed in euros, or any other index that may be substituted for it in the event of an event affecting this index and which will have characteristics similar to this index. No tracking error limit will be set.

Lot 5 will focus on the fundamental non-benchmarked management of a portfolio of listed shares of Europe small caps.

The management objective will be to obtain a performance superior to that of the performance comparison index used for lot 5, namely the index "msci europe small cap index" net dividends reinvested expressed in euros, or any other index that may be substituted in the event of an event affecting this index and which will have characteristics similar to this index. No tracking error limit will be set.

Lot 6 will focus on the fundamental non-benchmarked management of a portfolio composed of listed shares of all Japanese capitalizations.

The management objective will be to obtain a performance superior to that of the performance comparison index used for lot 6, namely the index "msci japan index" net dividends reinvested expressed in euros, or any other index that may be substituted in the event of an event affecting this index and which will have characteristics similar to this index. No tracking error limit will be set.