Methodology Change | SOLACTIVE CARBON EMISSION ALLOWANCES ROLLING FUTURES INDICES | Effective Date 17/09/2021

Today, on the 14/09/2021, Solactive announces the following changes to the methodology of the following Indices (the “Affected Indices”):

Rationale for the  Methodology  Change

Solactive has determined that the Exchange MIC used in the definitions of Business and Trading Days of the Affected Indices is not fully consistent with the Settlement Calendar of the underlying EUA futures contracts (EUA Futures | ICE (theice.com)) leading to a set of Index non-Business days where the settlement prices of the underlying future contracts are actually available.

Due to this, Solactive has decided to align the Exchange MIC and, therefore, the formal definitions of Business and Trading Days of the Affected Indices with those of the underlying EUA future contracts the Affected Indices are tracking. Therefore, starting from the Effective Date, the Exchange MIC defining the Affected Indices Business and Trading Days will be set to IFEU-ECX. There is no material impact determined by this change.

Changes to the Index Guideline

The following Methodology changes are proposed in the following points of the Index Guideline:

5. DEFINITIONS
[…]
From (old version):
“EXCHANGE” means Intercontinental Exchange (ICE), MIC: IFEU

To (new version):
“EXCHANGE” means Intercontinental Exchange (ICE), MIC: IFEU-ECX
[…]

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.