Bankruptcy | NIKOLA CORP | 24th February 2025

On February 19, 2025, NIKOLA CORP announced that the NIKOLA CORP and its subsidiaries have filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. NIKOLA CORP has also filed a motion seeking authorization to pursue an auction and sale process under Section 363 of the U.S. Bankruptcy Code. NIKOLA CORP will be removed from the index effective February 24, 2025. If it is not trading on the primary stock exchange or any alternative eligible exchange, then the removal price will be zero.

The treatment below will be applied to the following indices:

• NIKOLA CORP will be removed from the Index.
• The weight of NIKOLA CORP (NKLA.OQ) based on its last close price will be distributed pro rata to remaining Index constituents.
• Effective Date (open): 24/02/2025

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