Methodology Change | Solactive – B-BRE Tel Aviv 125 Low Volatility High Dividends Index | Effective Date 26 January 2024

Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):

Rationale for Methodology Change

The Affected Indices provide exposure to companies listed on the TASE exchange. These companies serve as a starting universe. Due to changes in the rebalance schedule of the starting universe, Solactive determined to adjust the schedule of Selection Day and Rebalance Day for the Affected Indices to ensure tradability of the companies of the universe.

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):

1. Section 2.2. – Ordinary Adjustment

From (old version):

The composition of the Index is ordinarily adjusted two times a year on the first Thursday of February and August, provided that this day is a trading day on both the Tel Aviv Stock Exchange and the New York Stock Exchange.

[…]

To (new version):

The composition of the Index is ordinarily adjusted two times a year on the first Thursday of May and November, provided that this day is a trading day on both the Tel Aviv Stock Exchange and the New York Stock Exchange.

[…]

2. Section 4. – Definitions

From (old version):

“Adjustment Day” is the first Thursday of February and August, provided that this day is a trading day on both the Tel Aviv Stock Exchange and the New York Stock Exchange.

[…]

To (new version):

“Adjustment Day” is the first Thursday of May and November, provided that this day is a trading day on both the Tel Aviv Stock Exchange and the New York Stock Exchange.

[…]

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.