Methodology Change | EQM Global Solar Energy Index | Effective Date 17/06/2021

Today, on 16.06.2021, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):

Rationale for Methodology Change

Solactive has determined that the use of share class market capitalization in the methodology of the Affected Indices may exclude some large companies with multiple share classes that the Affected Indices should have exposure to. Therefore, the total market capitalization will be used instead

Changes to the Index Guideline

The following Methodology changes will be implemented in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):

Section 2.1 – INDEX UNIVERSE REQUIREMENTS

From (old version):

[…]

2. SHARE CLASS MARKET CAPITALIZATION of at least USD 250 million.

[…]

To (new version):

[…]

2. TOTAL MARKET CAPITALIZATION of at least USD 250 million.

[…]

Section 6 – DEFINITIONS

From (old version):

[…]

The “SHARE CLASS MARKET CAPITALIZATION” is with regard to each of the securities in the INDEX on a SELECTION DAY the share class-specific market capitalization for any security in the INDEX UNIVERSE. It is calculated as the multiplication of the shares outstanding with the CLOSING PRICE of the share class as of the respective SELECTION DAY.

[…]

To (new version):

[…]

The “TOTAL MARKET CAPITALIZATION” is with regard to each of the securities in the Index on a Selection Day the sum of all Share Class Market Capitalizations of a company.

[…]

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.