Methodology Change | SOLACTIVE L&G ESG US TECH FOCUS 100 INDEX | Effective Date 17/12/2025

Today, on the 10/12/2025, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):

Rationale for Methodology Change

Solactive has determined that:

We are aiming to replace the uniform ±3% individual weight deviation constraint for all securities with a dynamic formula that tightens the upside constraint for larger positions (≈1% for the biggest holding) while allowing up to 3% for smaller positions, keeping the downside at -3% for all. In fact, the uniform ±3% individual security weight deviation constraint was creating portfolio construction inefficiencies, because large-cap securities with high carbon intensity could still experience material deviations while the constraint failed to differentiate between mega-cap and smaller positions, and its symmetric structure also imposed unnecessary restrictions on underweights.

Changes to the Index Guideline

The following Methodology changes will be implemented in the following points of the Index Guideline:

2.3.2       CARBON REDUCTION

OLD:

C. Maximum absolute weight deviation from the weight in the INDEX UNIVERSE of 3%. Individual weights are capped at the minimum between 20% and INDEX UNIVERSE weight * 20 as well as floored at 0.01%.

NEW:

C. Maximum positive weight deviation from the weight in the index universe is determined as follows:

The maximum positive deviation is calculated as min(3%, c/√w_i), where:

i. c is a scaling constant defined as 0.01 × √w_max

ii. w_max is the highest security weight in the index universe

iii. w_i is the weight of security i in the index universe

Defined terms used in this announcement, but not defined herein, have the meaning assigned to them in the respective index guideline of the Affected Indices. The amended version of the index guideline will be available on the effective date.