Announcement | Solactive Australian Bank Senior Floating Rate Bond Index | November 2026

In connection with the market consultation published by Solactive on October 30, 2026, the index guideline for the Solactive Australian Bank Senior Floating Rate Bond Indes has been updated to reflect the proposed changes.

The changes are intended to become effective as of the selection day in two phases:

Phase 1: Effective on 19th November 2026 and shall be reflected for the Rebalance Day of 30 November 2026.

For this selection, Sections 2.1 and 2.2 of version 1.6 of this Guideline apply, with the following changes:

(i) From Band 1, for each issuer, up to three securities with the longest term to maturity are selected (a maximum of 12 Band 1 securities and 18 securities in total).

(ii) Band 1 is allocated 80% of the Index. Each eligible Band 1 issuer receives an equal share of that allocation (20% per issuer when all four are eligible), split across its bonds using the Band 1 ladder in Section 2.2 (three bonds: 45/33/22; two bonds: 50/50; one bond: 100%).

(iii) All other rules of version 1.6 apply unchanged, including the AUD 500 million minimum Amount Outstanding for all securities, one security per Band 2 issuer, equal weighting of Band 2 securities with a 5% cap per security, and the proportional distribution of any Band 2 excess weight across the Band 1 securities.

Phase 2: Phase 2 applies from the Selection Day of 17 February 2027 for the Rebalance Day of 26 February 2027, and to every selection after that. From Phase 2, Sections 2.1 and 2.2 of this version apply in full.