Make the extension ignore some folders

I was using a workspace which includes a (quite big) shared folder. Since VSCode and the julia extension look into the workspace (for some indexing purpose I think), this was putting a bit too much load on the shared folder hardware (and was crippling slow because another user was doing intense IO there).

So, how can I make the the extension ignore a folder?

I can exclude folders from VSCode watcher by setting the files.watcherExclude variable. Does this affect the julia extension as well?