Methodology Change | BBVA Resource Scarcity | Effective Date 11/04/2023
Today, on the 24/03/2023, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):
| Solactive BBVA Resource Scarcity EUR Index NTR | .SBVRESEN | DE000SL0E2P3 |
| Solactive BBVA Resource Scarcity EUR Index PR | .SBVRESEP | DE000SL0E2N8 |
| Solactive BBVA Resource Scarcity EUR Index TR | .SBVRESET | DE000SL0E2Q1 |
| Solactive BBVA Resource Scarcity SIC MXN Index NTR | .SBVRESPN | DE000SL0E8H7 |
| Solactive BBVA Resource Scarcity SIC MXN Index PR | .SBVRESPP | DE000SL0E8G9 |
| Solactive BBVA Resource Scarcity SIC MXN Index TR | .SBVRESPT | DE000SL0E8J3 |
Rationale for Methodology Change
The Affected Indices aim to represent the companies that are actively engaged in Solactive BBVA Resource Scarcity Indices. Solactive has determined that the Solactive BBVA Resource Scarcity Index has grown over time and additional companies have entered this rising business segment. Therefore, to ensure a more accurate reflection of the index objective, it is proposed to update the list of FactSet RBICs sectors eligible for the index selection.
Changes to the Index Guideline
The following Methodology changes are proposed in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):
Section 7.1 Sectors
FactSet RBICs sectors removed:
| Code | Name | BBVA Sector Bucket |
| 252010101010 | Integrated Oil and Gas Exploration and Production | Energy |
FactSet RBICs sectors added:
| Code | Name | BBVA Sector Bucket |
| 251015151010 | Integrated Oil and Gas Exploration and Production | Energy |
| 401525103035 | Sewage and Water Infrastructure Construction | Water |
| 401015201540 | Geothermal Energy Equipment Manufacturing | Energy |
| 501515152540 | Beef Production | Food & Forests |
| 501515152545 | Pork Production | Food & Forests |
| 501515152550 | Other Livestock and Meat Production | Food & Forests |
| 401015201545 | Wave Energy Equipment Manufacturing | Energy |
| 251015101035 | Latin America Conv. Fossil Fuel Exploration/Prod | Energy |
| 251015201030 | Australia/NZ Conv. Fossil Fuel Exploration/Prod | Energy |
| 251015201040 | China Conventional Fossil Fuel Exploration/Prod | Energy |
| 251015201050 | Other Asia Conv. Fossil Fuel Exploration/Prod | Energy |
| 251015201525 | Other Europe Conv. Fossil Fuel Exploration/Prod | Energy |
| 251015202015 | MENA Conventional Fossil Fuel Exploration/Prod. | Energy |
| 251015203015 | Russia/CIS Conv. Fossil Fuel Exploration/Prod | Energy |
| 251015203515 | Sub-Saharan Conv. Fossil Fuel Exploration/Prod | Energy |
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.